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Bitcoin mining break even

Raspi Bitcoin miner may just pay for itself eventually  August 13, 2013 – 00:00

August 13, 2013 by Brian Benchoff

We’re sure a lot of people out there have a Raspberry Pi or two lying around waiting for a project to come to mind. [Dave] has an interesting solution to this orphaned hardware – use it to mine Bitcoins and perhaps put a few extra bucks in your pocket at the end of the year.

[Dave] is using a Raspberry Pi, powered USB hub, and an ASICMiner Block Erupter to do Bitcoin mining at 330 Megahashes per second. There are a few ancillary items such as a case and USB fan, but if you already have a Raspberry Pi, you’re only looking at a $50 USD investment to have a dedicated Bitcoin miner.

According to this Bitcoin mining profitability calculator, with a $50 investment that can mine at 330 MH/s, you’re looking at a hardware break even point of about 120 days. You could cut that down to just a few months if you overclock your ASICMiner, but it’s still relatively late in the game for amateur Bitcoin miners to make a substantial amount of money. Think of Bitcoin mining as more of hobby, and you’ll hopefully be more realistic about your goals.

Source: hackaday.com

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  • How to watercool two Radeon 7770Ghz Edition cards?
    Sep 21, 2013 by Kevin | Posted in Desktops

    Ok so I want to start Bitcoin mining and I've noticed that my card gets very hot when I mine, and So I want to watercool my cards. Problem is that I cant seem to find any water blocks for Radeon 7770's. I have two of thes …500w and was planning on getting a 600w for both cards. Will it be powerful enough, or should I go higher since I want to watercool? BTW I already have both cards ready for use, and are not going to buy a higher end card.

    • I wouldn't buy another card. Maybe you should reconsider mining though...
      They did a study on toms hardware for bitcoin using high end cards and mining rigs. For the gpus they did it on how much you would spend for … I really wanted to do it too, but then I researched like crazy and found out it wasn't worth it (because I don't have the money to buy a mining rig)

      Well good luck to you and hopefully this helps you! :D