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By the time that Litecoin is global, and all members z87-g55 society use it, it will no longer be a speculative investment, but will actually be used for its core purpose. Click here to view our very own wiki! Z87-g55 doesn't count when it comes to profitability, right? The start menu doesn't feel responsive at all. No z87-g55 flame wars. Any changes, and there will be additional small litecoin that you will litecoin run into.

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Myself, or the community will be more than happy to help you out with your own custom build or answer any computer questions you may have. First off just wanting to thank you for sharing your expertise about gaming computers this article has been immensely informative. A collection of thoughts and memories about my life as a Russian in London, juggling working, studying, writing, and being an entrepreneur and investor. Hey Sam, new to all this as well. Drewis , May 27, Should have all the cables you need and some extras as well.

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Kindly elaborate on which parts are easily upgradeable? But then z87-g55 prices kept going up, so Z87-g55 very quickly bought back in. I was going through some of my old pictures and found a few of my miners back z87-g55 Jun 14, The problem with ASICs is that there is an inbuilt moral hazard, litecoin prisoners dilemma. KardonxtLitecoin 18, The only concern i have is the power consumption, in paper with w is more than enough, because every gpu pull of energy ww all the gpu'splus the motherboard, cpu, ram ww is equal to ww, litecoin i keep hearing z87-g55 i need atleast another w psu, what do you litecoin of that?

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Almost everything I described above in points 1 and 2 applies, although some aspects of the protocol have been improved. So all these other altcoins, except for one, are mostly based on Litecoin, and exist because a few programmers wanted to try out replicating the code. As I mentioned, the hard part is to get people interested enough, so the key is to build up hype.

Hype means lots of people mine, and others want to buy. The most successful coin of the moment is Dogecoin , a coin based on an internet meme. Of course there is now a clone, called Catcoin, and the whole cycle will continue. I spent a week mining Coinye West , until it was shut down.

The only other altcoin worth mentioning is Ripple. This is completely different to all of the other altcoins. It is privately owned, rather than distributed, so the ledger is operated only by them.

It is pre-mined, so there is no need to waste computing power. The owners will give away most of the coins, keeping some for themselves, hoping that their stash will keep them running through the initial years, and will end up being worth billions.

The protocol itself is much more advanced than Bitcoin — it is faster, and it allows the trading of all sorts of currencies, not just Ripple. So you can use the Ripple protocol to actually trade Bitcoins, or dollars, or anything else you want.

It is still in beta, and extremely risky, but they are well capitalised, backed by some very smart people, and have a chance of totally displacing Bitcoin as the global cryptocurrency and protocol. So here are the important aspects of buying and selling them. Firstly, get accounts at as many exchanges as you can. The vital one is Bitstamp , it is the core exchange, at least for the next few years.

In America, add Coinbase into the mix. With all of these exchanges, get verified, which involves sending proof of identity, to the highest level possible, so that you can make larger transactions. And make sure that your passwords are as secure as possible, preferably using two-stage authentication.

Keep in mind that these are all unregulated amateur operations. Customer support will be awful, and there will be no one to turn to if things go wrong. But if you follow the instructions, things tend to work out. When the money is in the exchange, you have two options.

You can trade it all in one go, or you can go a bit at a time. Depending on your free time, your interest, and your trading skills, one of these will be more suitable. Once you have cryptocurrency, you need to transfer it to your local wallet immediately. Any one of these exchanges can fail, and there will be no warning if they do. Transferring out Bitcoin is easy — you get your wallet address and type it into the exchange.

Sometimes this can go wrong, as it has done for me, leading to weeks of trying to get in touch with customer service, but usually this part is hassle free. So now you have cryptocurrency, on your own computer, which you are keeping as safe as possible. Encrypt the wallet, back it up somewhere, say Dropbox, but only ever open it on that one computer that you know is virus-free. If someone catches your password, that money is gone. And now the last bit. Mining involves combining computer hardware, computational power, and electricity, to create Bitcoins.

The first three cost money, the last one has value. The first people could use a basic computer to mine Bitcoins, and get tens of thousands of them very easily. As more people became interested, it became harder. Because of this, people started looking for ways of increasing their hashrate, and created software that allowed you to mine Bitcoins using a GPU — a video processor usually used for gaming.

This was many orders of magnitude more powerful than a processor. Current ASICs mine at terahashes a second, literally billions of times faster than a processor. The problem with ASICs is that there is an inbuilt moral hazard, and prisoners dilemma. The companies making each incremental one would make more money by mining than by selling them.

So the companies sell the ASICs to miners instead. However they of course use them to mine their own coins when they come out, so by the time the consumer receives their ASIC, it is no longer a competitive advantage, and it becomes almost impossible to actually make money on them.

The solution is to move to altcoins, which all individual miners have now done. Litecoin, and the others, are based on a different algorithm to Bitcoin, which is not easily adapted to custom hardware. It takes just over two weeks to generate me a Bitcoin, but it does so by first mining the most profitable of all the altcoins, and then once a day exchanging that for Bitcoin and sending it to my wallet.

I use a pool to automate that — Middlecoin — which takes a high fee, but also takes all of the hassle out of it. I just keep the computers running, and receive my Bitcoins. Now onto the hardware. When you buy a machine, you need to consider how many coins that hardware is worth, and then make sure you get that many coins back over its lifetime. My 6 GPU rig cost me 5 Bitcoins.

If all goes to plan I should make that back in under half a year, and everything after that will be profit. If difficulty increases too quickly then this will drop, but the current fluctuation in price is likely to prevent many new miners entering, so this should be a good period to get positive ROI on the operation.

Firstly, go for this very specific hardware. Any changes, and there will be additional small problems that you will definitely run into. All of the above works perfectly. And this is what it looks like. Now once you have all of this, firstly build it. The PSUs go in the bottom crate, the motherboard and everything else in the top crate.

Always start with one GPU just to make sure everything is working, and only then go up, one by one, until all 6 are running. This will not be easy. Many annoying things will go wrong. Use the Add2PSU adapter to make sure both power supplies start together. Connect the W one to the other three GPUs, the other three risers, and to all the other components such as the motherboard. The power cables should be plugged into the extension cable, so this way you have one single plug which powers both PSUs.

This way, all you need to do to turn it on is to unplug it, wait a few seconds and plug it back in. By Drakepc Started 38 minutes ago Posted in Peripherals. By Drakepc Started 40 minutes ago Posted in Troubleshooting. Or sign in with one of these services Sign in with Facebook. Sign in with Twitter. Sign in with Microsoft.

Sign in with Google. Sign in with Steam. Sign in with Discord. Announcements Please review the Stickies pinned at the top. Also, don't forget to follow LTTCompute on twitter for random tweets, posts and updates Intel Pentium Processor G 3.

Link to post Share on other sites. Posted January 27, Sadly you'll never find one of those. I live in Venezuela, i can only import parts from the US, and only from Amazon. Jun 10, After seeing all of these mining rigs on here I feel like a dumbass, wasting my time mining with 2xs. Some badass rigs you all have there. Jun 18, Here is my current and only mining rig. Jul 19, Broken down and ready to go in western Wisconsin Nearly everything has factory boxes, manuals, and accessories.

Jul 20, I do appreciate the mining community fire sale on 79xx cards these days. GonzoP , Jul 20, Sep 13, Hope those pictures aren't huge.. I'll get a picture, but they are boring in comparison. Sep 18, First let me say that's awesome! Kardonxt , Sep 18, Jul 29, Sunni , Jul 29, Those are scrypt devices, Sunni. Each of those gridseeds do about khs each. Nov 3, KNC Titan batch 1, running mhz stable with less than 0. Digital Viper-X- , Nov 3, Dust off those mining rigs, boys.

Nov 10, I have never seen so much badassery in one post. ReCOde , Nov 10, Oct 2, My main desktop mines with an r9 as well. Decent setup but I cringe at noise and power those cards are using.

Oct 4, Everything else is pretty quiet.