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Showing 4 of 4 results by highmarkent
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Board Beginners & Help
Re: How many newbies are mining?
by
highmarkent
on 12/01/2014, 18:21:00 UTC
Been mining for a month at about 3.2 Mhs for Litecoin and trying to set up Dogecoin, but the wallet won't encrypt.  Seems to be a huge pain in the a@@ to get it set up.  Anyone have thoughts on which Doge pool to jump in?
Post
Topic
Board Beginners & Help
Re: Hello fellow newbies
by
highmarkent
on 11/01/2014, 17:28:40 UTC
Hello back at you.  Running 5 - 7950's and starting up a third rig with 3 - R9 270X's.  Mining LTC and DOGE.  Figured what the hell on the DOGE, we have a Shiba Inu and I'll trade those for more BTC.

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Topic
Board Beginners & Help
Re: Has the train left the station?
by
highmarkent
on 11/01/2014, 16:47:44 UTC
I just started a month ago and spent some money on a dedicated rig and re-vamped my existing one.  I consider this a hobby/science project.  I run around 4M hashrate and use one to mine LTC and the other will be mining DOGE as of this morning. I figure that I will be able to pay for all of my equipment shortly, >90 days, and I can always sell it off as new people are coming in to mining every day.  Evidenced by the lack of graphics cards especially mining type cards. 

I am thinking about putting together a third dedicated rig based on the R9 270X, which are available right now.  For around $1k, I can get a three gpu mining rig running about 1200 to 1250 Khs.  I have the cards already as I was dinking around with a friend's system and will put them to use mining DOGE and then watching what the new flavor of the month is and trading those in for BTC or LTC. 

I think there is money to be made, but I see that you have to pay close attention to the trends that are happening and stay ahead of the curve.

Good luck all.
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Topic
Board Beginners & Help
Re: How come I can't post??
by
highmarkent
on 11/01/2014, 02:42:12 UTC
Interesting concept, keep everyone in the holding area to make sure you aren't a menace to the boards.  I wish other boards used this approach.  Just signed up and actually started messing around with mining a month ago.  Already spent too much money.. lol.