Actually the cooler is considerably quieter than AMD’bitcoin mining nvidia vs ati HD 5770 reference cooler, but still audible. Cast your vote Do you agree or disagree with GPUBoss?
Follow us on Facebook to stay up to date with the latest news! Significantly better fire strike factor score 51. Better ocean surface simulation score 753. ASUS has decided to price their board at the AMD MSRP, so the added value is really added value over the reference design, since there is no price premium charged for it.
Cast your vote Do you agree or disagree with GPUBoss? Follow us on Facebook to stay up to date with the latest news! Better fire strike factor score 41. Slightly better ocean surface simulation score 770. 1050 is the entry level nvidia. 200 new, seems like “increased performance” to me. 1050 after 7770 blew up was disappointed cause nvidia took 3 years to reach same performance.
In this post I am going to cover my experience with Bitcoin mining over the past 20 months or so. During this time I have purchased specific hardware for the task of mining Bitcoins in order to come out with a profit at the end. My journey started in June 2011 when I purchased 4 ATI 6990s and has more or less come to an end now in March 2013 when I sold my mined Bitcoins for a profit. The aim of this project was to be able to purchase some cool hardware that could perform a high level of computation, that would eventually pay for itself. Hash cracking is a hobby of mine and I saw Bitcoin as a good opportunity to generate profit while I was not cracking hashes. There is a lot of other Bitcoin specific terminology throughout this post so I will try to provide various links to describe these aspects as necessary.
As Bitcoin is P2P there is no central authority giving it many advantages over many traditional currencies. For further information on what exactly Bitcoin is and how it works I suggest taking a look at the about page found here. It is recommended to go with GPU power over CPU for Bitcoin mining as CPU is extremely slow in comparison to GPU. This is because the computation involves generating a SHA-256 hash and this operation can be much faster performed on a graphics card.
Nvidia based graphics cards, you can find a comparison between the different graphics cards and what they can provide for your Bitcoin mining here. When I was planning this in 2011 GPU was the way to go, however nowadays there are more FPGA and ASIC options available so these should also be considered when purchasing Bitcoin mining hardware. Australia hardware prices are typically higher than other countries as well. 3446 AUD for the required hardware.
Power costs are calculated further down. Here is an image of the purchased hardware. No hard drive was purchased as a USB flash drive I already had was used for this which you will see in the images, these are very cheap and minimal space is required for Bitcoin mining, you can get away with a few GB for the operating system and that’s it. Spare items I had available included an ethernet cable used for network connectivity, a monitor and VGA cable for initial set up, as well as a keyboard and mouse. These are not included in my costs as I already has them ready to use.