Cheap litecoin rig

77MrMikey77

Honorable
Feb 9, 2014
24
0
10,510
Would It possible to take an old computer and throw a cheap yet still okayish graphics card in it and use it as a litecoin mining rig? I mean the processor is old but you don't need a good processor and I mean it sounds good in theory but would you be able to make a profit, considering your only putting like $100 into it for a very cheap graphics card, like say the 7770
 
Solution
Check out hashrates here: https://litecoin.info/Mining_hardware_comparison

The 7750 is around 175. It's up to you, really. You could do something like this:

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Celeron G1610 2.6GHz Dual-Core Processor ($42.99 @ Amazon)
Motherboard: Biostar H61MGV3 Micro ATX LGA1155 Motherboard ($36.99 @ Amazon)
Memory: A-Data XPG V1.0 4GB (1 x 4GB) DDR3-1600 Memory ($32.99 @ Newegg)
Storage: Western Digital Caviar Blue 80GB 3.5" 7200RPM Internal Hard Drive ($25.64 @ Amazon)
Video Card: XFX Radeon HD 7750 1GB Video Card ($79.99 @ Newegg)
Case: Rosewill...

BennyJi

Honorable
Aug 21, 2013
193
1
10,710
It comes down to your personal situation.

Investing a small amount of money to transform a decrepid PC into a stable but lightweight litecoin mining rig is all very well and good but it is unlikely to generate much in the way of income. Factoring in the start up cost and continued electricity for running it and it becomes less of a viable option.

The ones that seem to make money with this mining is those that have at their disposal the computers almost good to go (little money upfront = more gain later on)

Finally the mining itself is not a quick process. It takes a long time to mine one coin and even longer to amass any sort of "cash in'able" amount.

I personally would advise againts it. There is too much of a grey area, and the currency itself is volatile.

Just a bit of trivia, I recently read an article about the whole mining and in it was an interview with an anonymous miner. His job position was head of IT at a school and this enabled him to utilise their PC's for mining when they were not being used (A legal grey area). This was viable to him because he had it all readily available for little to no cost, and he had numbers on his side aswell. Despite all this, he was still only averaging 1 coin a week.
 
Check out hashrates here: https://litecoin.info/Mining_hardware_comparison

The 7750 is around 175. It's up to you, really. You could do something like this:

PCPartPicker part list / Price breakdown by merchant / Benchmarks

CPU: Intel Celeron G1610 2.6GHz Dual-Core Processor ($42.99 @ Amazon)
Motherboard: Biostar H61MGV3 Micro ATX LGA1155 Motherboard ($36.99 @ Amazon)
Memory: A-Data XPG V1.0 4GB (1 x 4GB) DDR3-1600 Memory ($32.99 @ Newegg)
Storage: Western Digital Caviar Blue 80GB 3.5" 7200RPM Internal Hard Drive ($25.64 @ Amazon)
Video Card: XFX Radeon HD 7750 1GB Video Card ($79.99 @ Newegg)
Case: Rosewill FBM-01 MicroATX Mini Tower Case ($19.99 @ Newegg)
Power Supply: Logisys 480W ATX Power Supply ($16.00 @ Amazon)
Total: $254.59
(Prices include shipping, taxes, and discounts when available.)
(Generated by PCPartPicker 2014-02-17 09:32 EST-0500)

Definitely wouldn't be really useful for anything other than mining lol And you're still looking at a pretty low hash rate, but it's up to you.
 
Solution

ramtripper

Distinguished
Dec 8, 2007
9
0
18,520
You could just invest into a dedicated miner. Try these guys, they offer free electricity and hosting at their location (with the miner) so you don't need to worry about anything other than which coin you want to mine:

https://www.gawminers.com/