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Board Beginners & Help
Re: Quad HD 7970 Bitcoin Miner - PSU Req.?
by
QuiveringGibbage
on 04/03/2013, 11:50:51 UTC
W00T! W00T! IT'S ALIVE!!!

Picked up parts on Friday night. Built PC Saturday. Spent Sunday setting up Ubuntu, drivers and cgMiner. Monday night started mining!!

I'm pulling an avg. of 597.1Mh/s on the single card. Was above 600 initially so I gotta figure out what's going on...

According to OzCoin I've already collected (in about 3 hrs):
Pending Payout (confirmed): 0.00456259 BTC

At this rate it'll take me a month to produce 1 BTC (AUD$33) Smiley which is a target of mine where I'll re-evaluate my plans on Bitcoins and what to do next.

This is a little off-topic but have you taken into consideration that you might not make that much with that rig after ASIC is "fully" deployed?
...
You might be better off buying $2000 worth of BTC and hoping they go up.
Just saying...
As I've mentioned:
P.S: I know I might be a little late with the GPU mining, but I'm not doing this for the money. More for fun and research. Might use the PC for a gaming PC after a year or two.
But the foremost reason I'm getting into Bitcoins/mining is it's revolutionary concept which I felt drawn to. but this is an another subject and I shall not digress

At this point I don't know if I'll get 3 additional 7970 cards to put in. As soon as I started cgMiner, the Fans and Heat started pumping. Which I expected but don't know how long I'll live with it in the same room, especially in summer (garage might be the go). and the $1500 can be better spent on single ASIC miner as deathcode pointed out. I'll see how I go, but the ASIC miners don't sound fun. They just plug and play run...

QG