I currently have an obsession with cryptocurrency due to the fact that I'am soon going to be attending college and dorming. Leaving my Computer on at home and mining seems like a no-brainier to me.
My current specs are
i7 2600k
Corsair 650 hx PSU(The original one, not the revamped and newer ones.
and most importantly a Sapphire Dirt 3 edition 6950 2gb, I unfortunately can not shader unlock.
Right now I know that my current rig is not enough to make a large profit by any means but this seems like an interesting thing to spend some time in.
I'm willing to invest into something like a 7970ghz or a R9 290
I don't have any intentions in mining Bitcoins because its far to hard for me to make a profit without buying something like an ASIC Mining Card.
I have been lurking and researching this topic for quite a while now and I would like to hear your opinion on this.
If i said or done something that irritates you, I apologize in advance for my ignorance.
Hello Phantom, I have seen you quite a bit in this forum,
I'll get to the point, I want to get to know your personal opinion on whether or not I should stick with my current rig or leap on the investment of a 7970ghz or a R9 290
I know that I can get a better Hashrate with the Newer AMD cards but I don't know how the market fluctuates.
Using a Litecoin Calculator that I found online it seems I can get around $1,700 annually with my current Videocard and around $3,500 with a 7970ghz.
To me, there is no way it can just be this easy and there must be some sort of flaw.
Well, there's that... But the system has a difficulty number that increases every time a block of coin is found. Even if you were the only one mining, it just get's harder.