Honest question, if i was hypothetically to come across a 7990 and started bitcoin mining, would it be worth it ? i dont really know much qbout it except theres only 21million of them and roughly 13 mil have been mined, the value seems to be high and hasnt dropped. i dunno, this is why im asking haha
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Is bitcoin mining worth it ?
- Thread starter garyfl
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Soldato
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The boat sailed a while back mate, though you're welcome to buy a 7990 off me anyway 
Soldato
- Joined
- 25 Nov 2009
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Just going by all of the 280x's and 1000w+ PSU's on the members market for sale I'd say it aint worth it...
Unless you're getting 'free' electricity.
Unless you're getting 'free' electricity.
Not mining Bitcoin directly, you would mine something called X11, X13 or X15 based "altcoins", either for the coins themselves or to exchange them for BTC. If you don't pay your own electricity bills then yes you would make a bit of money (not enough to pay off the cost of a GPU anytime soon though). If you pay your electricity you probably won't cover the cost these days.
I'm currently making about £4 a day in BTC mining on 6 280x cards so not at all profitable and only continuing in the hope the value rises in the future.
I'm currently making about £4 a day in BTC mining on 6 280x cards so not at all profitable and only continuing in the hope the value rises in the future.
christ, i dont think ill bother then haha, £6 a day on 6x 280s sheesh
its one of my biggest shudda wudd cuddas from back in the day when i first heard about it, only really taken an interest when that guy cashed in for $1million
its one of my biggest shudda wudd cuddas from back in the day when i first heard about it, only really taken an interest when that guy cashed in for $1million
If only we could develop a time travel machine right
Damn right, I'd make sure I had a few euro lottery results with me, sod messing around with mining!
If your not fussed about electric costs then go for it.
Save the coins you make (or 0.001s of coins) and when the price increases higher, sell.
Or simply use the money you were going to spend on a 7990 and buy coins directly and hold them.
Save the coins you make (or 0.001s of coins) and when the price increases higher, sell.
Or simply use the money you were going to spend on a 7990 and buy coins directly and hold them.
Damn right, I'd make sure I had a few euro lottery results with me, sod messing around with mining!
I wish I started when I first read about it, way before it became popular. As always though, my laziness let me down.
Soldato
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The worlds cleverest Pyramid scheme has got too big. The guys at the top have made their millions and the rest are clinging onto the vague hope of something whilst scrabbling around in the dirt for pennies.
That's.....beautiful.