<p>Yes, GPU is out of the question for Bitcoin.  Although, you could mine Scrypt Alt-coins with it, like Litecoin and Dogecoin.  As far as your ASIC is concerned, you can input your numbers in the Profit calculator at <a href="http://mining.thegenesisblock.com" rel="nofollow">http://mining.thegenesisblock.com</a> and see what you come up with...</p>

CC BY-SA 3.0
2014-02-21T19:34:26.440Z
2014-02-21T19:34:26.440Z
nerioseole
<p>The most profitable form of mining now is actually alt coin "scrypt" mining.  So most efficient investment would be to get some good GPU's for alt coin mining, go to <a href="http://www.coinwarz.com/cryptocurrency" rel="nofollow">http://www.coinwarz.com/cryptocurrency</a>     then pick one of the top coins that has decent volume.  Then start an account with a site like Cryptsy and trade those alt coins for Bitcoin.  </p>

<p>Kind of complicated but much more profitable for investment size then Bitcoin mining.  Doing this and getting lucky with mining a few coins early before difficulty took off has netted me a little over 2 Bitcoin in 2 months with a 1000 dollar investment.  Your results may very however as there are a LOT of variables to take into account and these alt coins can fluctuate even more then Bitcoin.</p>

<p>If your dead set on BITCOIN mining then I would suggest something like an ASICMiner Block Erupter Cube 30GH/s to 38GH/s Miner 
<a href="http://rads.stackoverflow.com/amzn/click/B00H8K3MZU" rel="nofollow">http://www.amazon.com/gp/offer-listing/B00H8K3MZU/ref=dp_olp_new?ie=UTF8&amp;condition=new</a></p>

<p>I will warn you that with Bitcoin mining and difficultly increase that with that miner there which is one of the best deals I can find you will be lucky to make your money back at current prices.</p>

CC BY-SA 3.0
2014-02-22T01:06:52.090Z
2014-02-22T01:06:52.090Z
optrader1001
<p>So, I would like to get started in mining BTC and live in Britain south of Cambridge. I have a custom machine running an OC 7870, intel i5 etcetera. Would it be pointless mining with this hardware as I only get about 380 m/hash and is this too low in comparison to electricity bills. What's an Asic Miner and is it worth buying one of the £40 1.6 GH/s ones. Will this be too expensive in comparison to my electricity and how much could I make off of this in a month   including the price of the electricity?</p>

CC BY-SA 3.0
2014-02-21T21:36:33.290Z
I have a 30 GH/s ASIC miner and these days it barely mines anything because the difficulty is so high. Unless you are at 500 GH/s or higher I think you won't find it that rewarding. As Neriseole says, better to try scrypt mining.
ChrisW
CC BY-SA 3.0
2014-02-22T01:13:15.373Z
possible duplicate of [How much Bitcoin will I mine right now with hardware X?](http://bitcoin.stackexchange.com/questions/118/how-much-bitcoin-will-i-mine-right-now-with-hardware-x)
Murch
<mining-profitability><mining-hardware><asic>
How do I get started, what hardware do I use?
Harry Kitchener
# How do I get started, what hardware do I use?

(Asked by: username_0 on 2014-02-21)

So, I would like to get started in mining BTC and live in Britain south of Cambridge. I have a custom machine running an OC 7870, intel i5 etcetera. Would it be pointless mining with this hardware as I only get about 380 m/hash and is this too low in comparison to electricity bills. What's an Asic Miner and is it worth buying one of the £40 1.6 GH/s ones. Will this be too expensive in comparison to my electricity and how much could I make off of this in a month including the price of the electricity?

**Tags:** mining-profitability, mining-hardware, asic

> **Comments:**
> **username_1**: I have a 30 GH/s ASIC miner and these days it barely mines anything because the difficulty is so high. Unless you are at 500 GH/s or higher I think you won't find it that rewarding. As Neriseole says, better to try scrypt mining.  
> **username_2**: possible duplicate of [How much Bitcoin will I mine right now with hardware X?](http://bitcoin.stackexchange.com/questions/118/how-much-bitcoin-will-i-mine-right-now-with-hardware-x)  

---

## 2 answers

### Answer by username_3 on 2014-02-21. Score: 2 | Accepted answer

Yes, GPU is out of the question for Bitcoin. Although, you could mine Scrypt Alt-coins with it, like Litecoin and Dogecoin. As far as your ASIC is concerned, you can input your numbers in the Profit calculator at <http://mining.thegenesisblock.com> and see what you come up with...


---

### Answer by username_4 on 2014-02-22. Score: 0

The most profitable form of mining now is actually alt coin "scrypt" mining. So most efficient investment would be to get some good GPU's for alt coin mining, go to <http://www.coinwarz.com/cryptocurrency> then pick one of the top coins that has decent volume. Then start an account with a site like Cryptsy and trade those alt coins for Bitcoin.

Kind of complicated but much more profitable for investment size then Bitcoin mining. Doing this and getting lucky with mining a few coins early before difficulty took off has netted me a little over 2 Bitcoin in 2 months with a 1000 dollar investment. Your results may very however as there are a LOT of variables to take into account and these alt coins can fluctuate even more then Bitcoin.

If your dead set on BITCOIN mining then I would suggest something like an ASICMiner Block Erupter Cube 30GH/s to 38GH/s Miner
[http://www.amazon.com/gp/offer-listing/B00H8K3MZU/ref=dp\_olp\_new?ie=UTF8&condition=new](http://rads.stackoverflow.com/amzn/click/B00H8K3MZU)

I will warn you that with Bitcoin mining and difficultly increase that with that miner there which is one of the best deals I can find you will be lucky to make your money back at current prices.


---

