building a cost-effective mining rig by michael carter (bitsbetrippin)
TRANSCRIPT
Who is BBT?BBT (Bits Be Trippin) is a small group of computer/tech enthusiastran by Michael D. Carter, an early Bitcoin adopter. The team iscomprised of a professional graphics/video designer, audio engineer,hardware fabricator and professional project manager.
BBT has produced 30 video’s in the crypto space, focusing on mainlyGPU and ASIC Hardware reviews. The team however is branching outinto software and use case reviews.
HOST/Content: Michael D. CarterVIDEO: Mark MauerAUDIO: Chris “CZ” WillsFABRICATOR: Brian Mena
Our purpose is to educate and inform the masses on Bitcoin and related hardware/software through analysis and though reviews, leveraging YouTube to project our message.
What are alt coins?Alt coins are based on blockchain technology
Algorithm/Coin Considerations
Darkcoin
Litecoin
DogecoinVertcoin
Quark
GPU
ASIC
Altcoins normally provide a set of key features
Their value proposition sometimes can be more thanjust about their exchange rates.
Altcoin Use Case 2Utility
DogeRedditTipsLocal and Grassroot
Auroracoin Airdrop to IcelandNetwork security from hashing is good. Making money is great. Curing Cancer, Alzheimer's, Huntington's, preventing viruses, and designing next-level pharmaceuticals is awesome. What if we could put these together, to build a coin secured and run by crypto, mined with SHA256, and supported by cancer-curing research?
Altcoin Use Case 3Engagement
Dogecoin Nascar
Jamaican Bobsled Olympics
March 20 turkey’s prime had a court order put in place to disable Twitter in the country. “We’ll eradicate Twitter,” he said. “I don’t care what the international community says. Everyone will witness the power of the Turkish Republic.”
Turks began using Twitter through a Google DNS, this worked for a while before Erdogan blocked that too.
For this reason, now and in the future it will become increasingly important for people to start using decentralized DNS servers. Namecoin provides just the sort of framework required. Unlike most digital currencies, Namecoin’s primary value proposition is not in its exchange potential.
Algorithm Type Breakdown
Algorithm Count % of Total
Keccak 2 1.27%
Scrypt 84 53.16%
SHA-256 33 20.89%
Blake-256 1 0.63%
Scrypt-N 9 5.70%
Quark 6 3.80%
X11 14 8.86%
X13 3 1.90%
Groestl 2 1.27%
JHA 1 0.63%
NeoScrypt 1 0.63%
Scrypt-Jane 2 1.27%
Total 158 100%
Keccak1%
Scrypt53%
SHA-25621%
Blake-2560%
Scrypt-N6%
Quark4%
X119%
X132%
Groestl1%
JHA1%
NeoScrypt1% Scrypt-Jane
1%
% of Algorithm type vs Total
Data Source: coinwarz.com parse 10/5/14
Key Considerations
Hardware/OS Considerations
GPUs
Power Supply
OS/Monitoring
Algorithm/Coin Considerations
Darkcoin
Litecoin
DogecoinVertcoin
Quark
GPU
ASIC
Power RequirementsNormal PC /w non gaming Graphics card 230w
Normal PC /w mid grade Graphics card 420w
Normal PC /w High end SLI/Crossfire Graphics card 850w
x6 R7 240 320W $ 0.85
x6 R9 270 1150W $ 4.00
x6 R9 290x 2400W $ 7.75
BOTTOM LINE: Don’t cheat yourself
Buy GOLD! Best price/efficentBuy Name Brand (eVGA, Thermaltake, Corsair)
GPU Requirements
ModelScrypt Mining
Scrypt N Watts Price
5770 200 MH/s 100 108W $159
5830 275 MH/s 137.5 175W $239
5850 300 MH/s 150 151W $259
5870 380 MH/s 190 188W $379
5970 750 MH/s 375 239W $269
6750 170 MH/s 85 86W $109
6770 200 MH/s 100 108W $135
6850 250 MH/s 125 127W $179
6870 300 MH/s 150 150W $239
6950 350 MH/s 175 200W $299
6970 385 MH/s 192.5 250W $369
6990 750 MH/s 375 375W $699
7750 125 MH/s 62.5 55W $109
7770 200 MH/s 100 80W $159
7850 375 MH/s 187.5 130W $249
7870 400 MH/s 200 175W $349
7950 500 MH/s 250 200W $449
7970 700 MH/s 350 300W $449
79901200 MH/s
600 555W $999
ATI Legacy
ModelScrypt Mining
Scrypt N Watts Price
R7 240 106 MH/s 33 30W $79
R9 270 445 MH/s 222.5 120W $199
R9 270x 475 MH/s 237.5 151W $229
R9 280x 750 MH/s 335 275W $339
R9 290 825 MH/s 412.5 290W $409
R9 290x 925 MH/s 462.5 310W $479
Nvidia 750Ti 200 MH/s 100 100W $135
Nvidia 660Ti 250 MH/s 125 127W $179
Nvidia Titan 540 MH/s 270 150W $649
ATI/Nvidia Current
Bottom line! MANY entry points into GPU Mining!
General PC Requirements
Cheap CPU (Celeron / AMD Sempron) sub $50
RAM/HD 4gb Memory & USB Stick or SSD Drive for Windows
Motherboard H81 PRO BTC sub $70
UNDER 150 USD Entry point
Other considerations
• (USB) PiMP OS
• (USB) BAMT
• (SSD) Windows 8.1OS
• (Cheap) Milk Crate
• (Efficient) Aluminum Air
• (Small scale) Computer Case
RIG