ya i think this may be a good time to start.....



as long as there are no "sticky" variables the market should always even its self out.... when its good to mine there will be an influx.... when it loses profitability people will stop.... and eventually equilibrium comes along and it becomes profitable again....


its more dependent on the usability of the currency i think... or any advantages it has over other currency... or if we get VISA accepts bitcoins.... I'm telling you guys.... if we can get visa to accept bitcoins were good....

ya i agree its tough to estimate your income because your income is dependent on the market price each coin will fetch but assuming that in the next year it is above 13 dollars still... then you should be ok.... but any estimate is predicated on some sort of assumption



I think bitcoins could someday be $50 dollars a piece... I believe theyll stay above 13 dollars a piece for some time.... or will at least be above 13 dollars a piece by the time i sell... so thats what I'd be comfortable doing calculations with

nice... that does seem relatively easy....

how would I compute the cost of running 850 watts 24/7 all month?


I think I pay 10 cents a kilowatthour


i could pull maybe 200 bucks a month with this set up after electricity costs... I think?




in that case I could pay the rig off in 6 months possibly... if all stays the same

I have a feeling that bitcoins may even incease again.... they were 30 bucks a piece before that scare..... really all depends if we can get more retailers/places to accept them....



my idea is to all get together and lobby VISA. if VISA would come out with a card that used bitcoins than you could use your bitcoins ANYWHERE VISA WAS ACCEPTED... thusly making bitcoins universal and sky rocketing there value as a "medium of exchange".....



that is all currency is. A medium of exchange.



guy A makes chairs. Guy A wants a turkey from guy B the turkey guy. Guy B doesn't want a chair he wants a duck. Guy A must find Guy C the duck guy and hope that guy C wants a chair. Once guy A and guy C trade Guy A can finally get back to Guy B and trade for the turkey he wants..... instead of this we have dollar bills....  so Guy A gives Guy B dollar bills and guy B gives guy A the turkey.... this only works if guy B is confident that whoever is selling what he wants will except this currency in exchange..... AKA THE MORE PLACES THAT ACCEPT BITCOINS THE BETTER OFF FOR THE BITCOIN... AKA LETS GET A LOBBYING GROUP TOGETHER TO LOBBY PEEPS

oh I see.. i didnt know u meant downgrade the processor... i thgouth u meant less gpus


so whats the bare minimum in parts i need to build a rig....


1. processor
2. PSU
3. GPU
4. linuxcoin off usb (how do i get one of these on the usb? dl on other cpu and put on a usb stick than transfer to dedicated rig?)
5. ?
6. ?
7. ?

doesn't seem its worth it if you only pull 82 bucks a month..... unless you're in it for the long hall... waiting for the $30 mark again

I'll be bringing in like 50 dollars a month then... would that even pay for the electric bill increase?

it doesn't seem spending 200 on 4 5850s plus the other junk (maybe $1200 bucks if im lucky?) is a good idea if I'm only making 120 bucks a month.... it'll take the entire year to pay off (not including electric bill or issues that arise)

is it possible to buy straight from AMD or ASUS?

ya this would be strictly for mining. can the 1ghz handle 4x5850s? why are people buying that model if they dont need to?

i'll def forget the case




also what else is needed?
- processor
- GPUs
-PSU
-?
-?
-?
-?

what the f is base 16

I'm working on building a rig from scratch

here is what I think i want/need so far.... obviously missing parts (ive never built a computer but know computer baisics)




AMD Athlon II X4 3 GHz Processor $75

4x 5850

PSU 1000-1200 watts

some kind of open air case to put this shit in

Hash rate, difficulty, and exchange rate MUST be numeric. Please use your browser's back button and try again.

i keep getting that message when i try to use the calculater

what do you mean 0 with local host?



hmm i wonder on average what the bill would be...

4 of them is like... 1200 watts? running 24/7...   200 bucks a month?


so 125 profit a month?

how many bitcoins can a set up with 4x5850s be expected to generate? conservative estimates

start a list?

is there already a list thread? probably

ah so it'll just operate more efficiently through that one program I see.... mixing up the logical order of how the computer works with the application... that makes more sense now




one more quick question that should obviously not be in this thread but o well....


what is the most important hardware spec that will effect a persons bitcoin average per day? mhash/s?

whats a PSU

ok so now I need to know where to get the cheapest 5850 haha. and also if you can have more than one graphics card in one CPU unit.... also can you run the bit coin software multiple times on one CPU/OS if you have multiple GPUs in it?

you're the man



from what I see 6950s are the most efficient at 75 cents per mhash/s



or even better 2 6770s creating 60 cents a mhash/s

Thanks for the quick response and not being a dick about how I could have found that myself haha


so the higher the mhash/s the better yes?


also why do people say ghash when I see here only mhash? does the g stand for graphics?