Post
Topic
Board Mining speculation
Re: like to get into mining. need help.
by
jonnybravo0311
on 20/08/2014, 18:10:45 UTC
i don't want to use my cpu i already looked that up that cpu is useless for mining right now ,  but i want to use my gpu which does around 300 to 400mhashs 5870  Is that to slow too for bitcoin mining? i can add my 5850 in crossfire with it but yea if its not going to bring any money in than i just give up on mining bitcoins.   


I read up on litecoins and i setup that so far and got that mining, Will litecoins bring any profit?


I should have specified that CPU and GPU mining of Bitcoin is dead.  As RodeoX posted, profitable Bitcoin mining is dedicated hardware setups with very cheap power costs.  By the way, nice picture Wink

Litecoins, and other coins based on the scrypt algorithm are also now in the realm of ASICs.  Your 300-400MH/s GPUs won't cut it - you can pick up a 1.3MH/s Fury for less than $50 with power supply and cables.

Your only chance, if you do insist on using your CPU/GPU is to find some alt coin that uses an algorithm that is not yet ASIC and hope it takes off.  Otherwise, you'll need to buy a dedicated mining rig.

I really do wish I could be giving you better news, but that's the reality of things.