Posts

Showing posts from 2014

Building my first 5.3MH/s litecoin mining rig

Image
Component Desc Cost GPU 5x Sapphire R9 290 $2495 GPU 1x MSI R9 280x $399 Motherboard ASRock Fatal1ty Z87 Killer LGA 1150 $125 CPU Pentium G3220 $59 RAM G.SKILL Ripjaws X Series 8GB $85 PS 2x Thermaltake Tough Power TP-750P $160 PS 1x CORSAIR Enthusiast Series TX750 $109 Case HDX 24 in. W x 14 in. L x 30 in Rack $20 Case 8ft aluminum angle piece $10 Risers 3x PCIE 16x to 16x $39 Risers 6x PCIE 1x to 1x $47 TOTAL $3548 Potential KH/s 5300KH/s $/KH $0.669 I did my homework on this and didn't take the decision regarding which motherboard to get lightly. Most of the guides I found suggested staying away from anything over 4 gpu's on a single motherboard but I really wanted to get 6 running on a single motherboard for a number of reasons. It would be cheaper than having two systems, less overall power than two systems and less to manage. Most guides for 5-6 gpu systems suggested only a few motherboards woul...

Geting Started with Litecoin

My venture into Litecoin started about two weeks after I bought my first ASICminer Blades. I couldn't stop reading about Bitcoin and trying to think of different ways to make money with it. Since I purchased my first ASICminer blades, the price of them had doubled every other ASIC miner was either sold out or way over inflated. I had three options now: 1. Invest in one of the next generation ASIC miners that are said be released in March/April with the risk that the difficulty would increase exponentially and an indefinite ROI. 2. Try to start a mining pool... a lot of unknowns here and with the abundance of recent "hacks" could take some time to make sure its secure. 3. Buy the currency outright... boring and still a big risk. 4. Build an scrypt miner with the new radeon R9 cards and try to mine profitable altcoins. Possibly less risky since the hardware should still be worth something if shit hits the fan with virtual currencies. Unknowns: how much current it wi...