New to Bitcoin Mining- what is it, and how good is my rig for it?
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!
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More aboutbitcoin mining good rig
GPU bitcoin mining has been unprofitable for quite a while now.
Google coulda answered all those questions before you post the first word of the title. It is not a profitable venture. Youll spend more in energy to power your rig than you will making it back with Bitcoins.