![]() ![]() ![]() My advice is to do your research and only invest in gear at levels you are comfy with. If you think Bitcoins will rise in price, determining the value of Bitcoins mined today is massively subjective. Then, of course, you'll be free to buy new equipment of your own!Īnother consideration is future value. No calculator tells the full story, though, because you can sell your used gear on Ebay or Craigslist when it still has value to someone coming up the Bitcoin ladder. I like the Bitcoin Mining and Profitability Calculator at the best. Search for Bitcoin Mining Calculator, and you'll find a ton of them. In other words, if you spend $1,000 on mining equipment, how long will it take to generate $1,000 worth of Bitcoins- after you also pay for electricity. The question that experienced/serious miners look at is what their return on investment (ROI) will be. : Use coupon code " MacObserver" to get 7.5 percent off your order. JonesGear: Use coupon code " MacObserver" during the month of April to get 5 percent off your order. In the Wild West world of Bitcoin mining, that's worth a lot.īetter yet, both companies set up discount codes for you, my gentle reader, to use. I got one defective (manufacturer's defect) piece of gear from each company, and they both promptly replaced it. I've bought several times from both retailers. retailers- JonesGear and -that not only offer excellent customer service, they back up the gear they sell. You can buy on Ebay, but I've found two U.S. The most intimidating thing about Bitcoin mining is where to buy that gear. If you need more information on Bitcoins, check out my Bitcoin Primer, my review of a Bitcoin poker site, and my list of Bitcoin faucets that actually pay. On mining Bitcoins: it's an unending rat race. Today, however, you'll need to buy specialized mining gear based on ASICs (application-specific integrated circuits), but the good news is that there are several entry-level options available, and you can run them from your Mac, a Windows PC, or a Linux box. You used to be able to mine with your CPU, and then GPUs ruled the roost for a couple of years. Using this window automatically feeds more detailed device stats to the API Output window.The world of Bitcoin mining can be confusing if you're new. FPGA/ASIC MinerįPGA/ASIC Miner is designed for FPGA and ASIC devices and unlike the other MacMiner windows gives a temperature reading.īlock eruptors do not have a temperature sensor unfortunately, but BFL devices do. The miners for other Alt Coins are based on various modifications of cgminer such as sgminer but work very similarly CPU MinerĬPU Miner is designed for mining many Alt coins, and gives better speed than any other miner from the CPU. Other options are available, but temperature readings are not supported from GPUs on Mac with CG/BFG Miner. scrypt enables scrypt mining, which is used for Litecoin mining. It can be worth changing this option to see which your GPU handles best. w for worksize which is usually set at 64, 128 or 256. ![]() I for instensity which can be set from -10 to 14 (or higher for litecoin mining, using the flag -I 20), with the higher values putting a higher strain on the system and mining faster. GPU Miner - bfgminer backend (SHA256d and Scrypt)īFG Miner is based on CG Miner and they work in a very similar way. Click start on your miner and start mining! Click the little cog button on each miner to set it up:Ĥ. Choose one or more mining windows from the View Menu:ģ. Installing smcfancontrol and revving up the fans is recommended, as is monitoring your temperatures.Ģ. I take no responsibility for any damage to your posessions. Warning: Bitcoin mining on CPU or GPU can damage your computer and puts a high strain on components used for mining. ![]()
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