How much are accepted shares on GUIMiner worth?

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I have just started Bitcoin mining and am using GUI Miner. I have an AMD 7870 OC edition that is mining for me. Currently i'm getting 380 mhash/s, is this good? Also how many of the accepted shares are worth 1BTC?

Harry Kitchener

Posted 2013-12-15T18:52:24.067

Reputation: 11

Question was closed 2016-04-25T21:19:42.710

Answers

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I have just started Bitcoin mining and am using GUI Miner. I have an AMD 7870 OC edition that is mining for me.

Welcome to mining. It's a blast.

Currently i'm getting 380 mhash/s, is this good?

For Bitcoin, it's unlikely to be profitable unless your electricity cost is very low. See How much Bitcoin will I mine right now with hardware X? for more information.

Also how many of the accepted shares are worth 1BTC?

None. It is unlikely that you will see 1 BTC total mining on that card during its lifetime. See the above link for why.

Colin Dean

Posted 2013-12-15T18:52:24.067

Reputation: 6 559

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You may want to try out a calculator first. It is usually easiest to calculate your mining rate by comparing your hashing rate with the current difficulty rate, and then just remove the 1% fee from the pool.

http://www.bitcoinx.com/profit/

mosca1337

Posted 2013-12-15T18:52:24.067

Reputation: 463

2Or, put in another way, you're probably spending in power more that you're earning. Bitcoin is currently dominated by ASICs. I suggest moving to ASIC-resistant altcoins.kaoD 2014-01-14T20:36:32.427

kaoD means Scrypt coins - use Coinwarz.com and mine anything with Scrypt. BTC mining utilizing GPUs has been Dead since July 2013Frankenmint 2014-01-14T21:01:33.917