Now's the time to buy a Mining/Gaming PC, basically free

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#1 Edited by K1ngd0m4g3rul3z (178 posts) -

With a config as follows:

Amd R9 280x x2 700$

Amd FX8350 200$

midrange mobo 100$

16gb DDR3 ram 80$

Corsair 850w Gold certified psu 120$

Full Tower case 80$

You can:

-max everything possible at full hd probably for the next 4 years

-mine effectively at 1200-1400 kH/s no problem

By doing so in your spare time, you'll recoup the cost of the system (1300$) in 3-4 months tops (if you're unlucky) or a couple months if lucky.

After that... it's all nice tidy profit.

Obviously I'm not suggesting Bitcoins at this point, but there's tons of lesser known and new Crypto currencies launching every other month.

Lots of people got fat doing this, early adopters of Bitcoin now are all millionaires.

A bitcoin was valued about 1$ a year ago, now it's worth 780$.

Litecoin just a few cents, now it's at 20$.

Happy 2014 pc gamers.

#2 Posted by CrownKingArthur (4894 posts) -

i couldn't possibly handle another income stream. but thank you tc.

#3 Posted by clyde46 (46575 posts) -

>Putting money into unstable virtual currencies.

>lel

China banned bitcoin as have India. It won't be long before the US wants to shut it down.

#4 Posted by LegatoSkyheart (25540 posts) -

Bitcoin like services seem too fishy for me to get into.

It sure is the wave of the future (I figure we'll be using Star Trek like Credits when I'm over 50), but those Data Mining coins just feel too "black markety". I don't wanna break bad just yet.

#5 Posted by K1ngd0m4g3rul3z (178 posts) -

@clyde46 said:

>Putting money into unstable virtual currencies.

>lel

China banned bitcoin as have India. It won't be long before the US wants to shut it down.

You're not putting money into anything, as you would buy a gaming pc and mine cryptocoins.

If they ban them you'll lose a few bucks in electricity at worst. Boo hoo.

And the EBA has recognized bitcoin and are having talks about taxing transactions.

#6 Edited by clyde46 (46575 posts) -

@k1ngd0m4g3rul3z said:

@clyde46 said:

>Putting money into unstable virtual currencies.

>lel

China banned bitcoin as have India. It won't be long before the US wants to shut it down.

You're not putting money into anything, as you would buy a gaming pc and mine cryptocoins.

If they ban them you'll lose a few bucks in electricity at worst. Boo hoo.

And the EBA has recognized bitcoin and are having talks about taxing transactions.

Alright then. Convince me to mine. I have an Intel 2600K and a GTX780Ti.

#7 Posted by farrell2k (6332 posts) -

The boat has left on bitcoin mining. You're not going to make one dime with it now.

#8 Edited by K1ngd0m4g3rul3z (178 posts) -

@clyde46: fudge off

@farrell2k you don't mine BTC with GPU, haven't for a looong while now. You mine other currencies. As recently as November people were making tons of money off Litecoin with the setup I posted above.

#9 Edited by foxhound_fox (88688 posts) -

@LegatoSkyheart said:

Bitcoin like services seem too fishy for me to get into.

It sure is the wave of the future (I figure we'll be using Star Trek like Credits when I'm over 50), but those Data Mining coins just feel too "black markety". I don't wanna break bad just yet.

I read about them last night. It's a perfectly legitimate currency, but it's highly risky. At any point people could stop giving them value and they could be useless.

#10 Edited by k2theswiss (16599 posts) -

crazy stuff. money just poof out thin air...

idk shoot even tesla is accepting bitcoins for cars now....

~ then again that's the reason i am not rich lol. Not willing to take such risk

#11 Posted by K1ngd0m4g3rul3z (178 posts) -

@foxhound_fox said:

@LegatoSkyheart said:

Bitcoin like services seem too fishy for me to get into.

It sure is the wave of the future (I figure we'll be using Star Trek like Credits when I'm over 50), but those Data Mining coins just feel too "black markety". I don't wanna break bad just yet.

I read about them last night. It's a perfectly legitimate currency, but it's highly risky. At any point people could stop giving them value and they could be useless.

Exactly, the only thing giving them value is demand.. if (better yet, WHEN) that ceases they become worthless.

But... what's to lose? As I said... electricity.

And you can exchange them into dollars/€uro whenever you wish. A guy I know made 300$ last week by mining some new no-name coin then exchanging it into BTC then in USD.. in a couple days.

Due to wild fluctuation in prices.

#12 Edited by alien1280rhys (164 posts) -

#13 Posted by clyde46 (46575 posts) -

@k1ngd0m4g3rul3z said:

@clyde46: fudge off

@farrell2k you don't mine BTC with GPU, haven't for a looong while now. You mine other currencies. As recently as November people were making tons of money off Litecoin with the setup I posted above.

>Makes a thread about mining

>Someone asks for help

>gets told to get lost

>TC confirmed for asshole.

#14 Posted by MlauTheDaft (3826 posts) -

If you're thinking about assmebling a PC for mining, you're a fucking idiot.

#15 Posted by jethrovegas (5076 posts) -

>Using a PC for mining

>Not seeing the writing on the wall

>2014

#16 Posted by Heil68 (45145 posts) -

@jethrovegas said:

>Using a PC for mining

>Not seeing the writing on the wall

>2014

lel

#17 Edited by MonsieurX (30415 posts) -

16gb for 80$ ?

You barely get 8gb for that price

#18 Posted by K1ngd0m4g3rul3z (178 posts) -

Lots of ignorant arrogant rude know-it-alls on this thread... then again what can you expect from SysWars?

#19 Posted by lostrib (37587 posts) -

@k1ngd0m4g3rul3z said:

Lots of ignorant arrogant rude know-it-alls on this thread... then again what can you expect from SysWars?

You just described yourself