Which would be more profitable?

[sizzflair]

I haven't built my rig yet since I'm still deployed oversees... but I plan on getting the rig up early December to mine/support GLD coin to become profitable down the road.

How much is 'too much?'  The estimate hashrate for my planned rig is around 3500-4000 kh/s (in terms of litecoin so it should be similiar).  Is that too much depending on the pool or would solo mining be more profitable?

[superbleester]

Sorry no one responded to you. Thank you for your service. I don't know exactly, but pool mining with almost every crypto-coin is going to be the best route. I'm not sure if there is a too-much as the difficulty should adjust to the miners speed accordingly making it fair. At Least that is what I can take from reading around here and there.

[stemis]

I don't think that would be too much in terms of hashrate, and I agree with superbleester that pool mining is the way to go.

What kind of mining rig do you have planned?

[sizzflair]

Thanks for the response 

From what I've read, it makes sense for pool mining... but with goldcoin's 51% attack protection and the current low difficulty level (I think...), I just wanted to ask and make sure.  I'm still a noob so I'm learning as I go.

I'm planning on 4 x R9 290 to start it off.  It should get me about 3200 kh/s to start with.  It's pretty hard to get a new 7950s these days (it's not as cheap as it used to be... and I'm not sure about buying used ones without warranty) and I think 290s have a good potential to get better as people find the new settings (According to litecoin forum, it's been getting 850+kh/s).  Less cards = less things to go wrong as well and less money spent on pcie extenders & space.... and the prices don't seem too bad at the moment.  $400 per card and it comes with BF4 code so I could probably sell that.

Once I get familiar with the rig, I'll probably expand up to 4 rigs.  If ASICs get in the picture and GPUs become obsolete, I'lll probably quad crossfire it or something for gaming haha  .  290s should be easier to sell for gaming enthusiasts vs 7950s especially if the market is going to be flooded with them when that day comes  .



I'm willing to risk a little bit and hoping for GLD to go big    If it goes up to $1.00 even, it would be a great investment   Of course more the better and I'm in it for the long run!


Just curious, how many coins on average are you/have you guys been mining per day at x hasrhate?  I just want to get an estimate on ROI.