Thursday, 1 August 2013

Bitcoin: Mine or Buy right Now?

With more and more publicity about Bitcoin, more people are mining and blocks are being discovered at a rate faster then every 10 minutes causing the difficulty to increase. So it is now harder then ever before to mine Bitcoins. GPU mining is a thing of the past. With several companies releasing devices specifically engineered to mine bitcoins, the difficulty has increased so much that it is impossible to turn a profit with a regular computer setup. If you want to make any money in bitcoin mining, you need an ASIC. Even with an ASIC,...

Monday, 1 July 2013

Cost Optimized Litecoin Mining Hardware

Power Supply – $140  -  Corsair 850 Watt Gold Rated PSU. Motherboard – $95 – ASUS M5A97. This motherboard has two of the 16x PCI-e slots  and two of the 1x PCI-e slots. All four slots can be used for mining GPU’s.  If it is out of stock, this one or this one are good alternatives. GPUs – $600 (3x $200)  –  AMD Radeon R9 270 -  If the R9 270 is out of stock, the R9 270x costs just a bit more for slightly more hashing power and will still work with everything else in this setup. For specific configurationdetails...