Hello Feathercoins forum
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Hi,
Just started learning about FTC. I am very new at this. Please any advice abt mining - I am abt to start small first or buying is the best options right now.
Thank you again for letting me in the forum.
Cheers.Serigala.
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Hi and welcome to the forum! This weekend i will make a guide on ‘How to start mining’.
Do you allready have a wallet? If not, click the link in my signature on how to create one! -
are you also looking for information about which is the best “first rig” to buy and setup for mining?
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Hi Serigala and welcome to the forums, as DeadZebra has already asked are you looking for what’s ideal to buy, or just general speculation? ^^
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Thank guys for the warm welcome to FTC world.
sheepson, yes i have download the FTC wallet in my Mac, thanks for that, also I have open BTC-E account just to start
learning about trading some coins. I am quite surprise there are many virtual coins trading against BTC WOW!!!Now to balance between ShadowEW & DeadZebra, whats is the best to start fast into FTC?
Mining or Buying…since I still need to learn abt mining stuff, i saw some Youtube mining other coins such BTC and LTC seems fun but how much i have to invest on mining machine?Looking forward to hear from you guys. Cheers.
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Both really, if you have the money to invest and have a good understanding and keen eye for markets then do a little bit of trading to get yourself started.
Mining will net you a steady income of coins but ensure that you’re not mining at a loss (or at least too much of a loss). Take into consideration your hashrates and expected coin output, your PSU/system draw wattage and the price you pay for your electricity! -
[quote name=“Serigala” post=“2242” timestamp=“1368204864”]
Thank guys for the warm welcome to FTC world.sheepson, yes i have download the FTC wallet in my Mac, thanks for that, also I have open BTC-E account just to start
learning about trading some coins. I am quite surprise there are many virtual coins trading against BTC WOW!!!Now to balance between ShadowEW & DeadZebra, whats is the best to start fast into FTC?
Mining or Buying…since I still need to learn abt mining stuff, i saw some Youtube mining other coins such BTC and LTC seems fun but how much i have to invest on mining machine?Looking forward to hear from you guys. Cheers.
[/quote]short information about different cards and my experience (my settings isnt tweaked! like those hardware comparison charts):
5830 gets hasrate at around 230khash
5870 gets hashrate at around 380khash
6870 gets hasrate at around 220khash
6970 gets hashrate at around 450khash
7850 gets hasrate at around 220khash
7970 gets hashrate at around 480khash/580 for ghz editionswhen you reach 7xxx series the power consumption/hashrate goes WAY down, so its more affordable in the long run, but that hardware is pretty expensive compared to the used card marked, all my cards that i have below 7xxx series is gotten from used marked. an example is my 5830, paid 155usd for 2 cards, which gives me the same hashrate as a single 7970 which cost 520 usd… in the long run 7xxx series gives most value (power consumption/garanty from factory) over time, but in the short run/if you have cheap electrisity old 5xxx/6xxx series is the way to go=)
buy cheap motherboards/memory/cpu/ god psu with high output on 12v rail!, important to choose motherboards with many pci-e slots (speed doesnt matter), and just use extension cables from example pci-e 1x to 16x(ebay), case should just be as cheap as possible that fits alot of cards (i use sodaboxes which cost 2$ a piece…and fits 6 cards),also buy a couple of fans to get airflow around the cards!
My earlier mining rigs:
[img]http://s21.postimg.org/zf04tfy9j/bilde_1.jpg[/img]Yes you can buy cheap coins and hope to sell them for more later, but its more fun to mine your own!=)
Small guide to get up and running: http://forum.feathercoin.com/index.php?topic=389.0