New to Bitcoin Mining- what is it, and how good is my rig for it?

asim1999

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May 10, 2014
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4,780
how quickly can I mine with this rig:
i7 4790K at 4.4GHz + Hyper 212 Evo
R9 290 overclocked to 1Ghz
8GB 2400mhz RAM
Samsung 840 EVO SSD
Seagate Barracuda 2TB 7200rpm
Phanteks Enthoo Luxe Full Tower

How long will it take for my computer to mine £1 worth of bitcoins and how long will it take to mine a single bitcoin.

Also, what can I do with bitcoins (i.e where can I redeem them and where can I spend them?)

And what will my mining speed be if I add a second R9 290 with the same overclock

Sorry about the lengthy post and all the hassle; I am new to this topic and would like a good kickstarter on this whole mining thing

Thanks for all the help, much appreciated as always!