Bitcoin Forum

So I am new here but .17 unconfirmed bitcoins seems a bit low for my 3000 mhash or so.  I was making .5 coin per day @bitclockers and they eat 25% of profits.  Shouldn't I see better return?  Could somebody break down for me the dashboard menu items here, I'm just not getting how it works out unfortunately...

SHOW ME THE MONEY lol

Which pool?

um....


slush's pool.

Maybe bad luck?
I am in eclipse MC and I get around 0.25/day for around 1GH/s

Difficulty has dramatically increased over the last few weeks.

The harder you work the better the pay off.

Well really though the jury is still out.  But I was earning .5 coin per day at bitclockers which takes a huge bite, I really should see similar numbers if think at least.  Not poorer here.

Just pick a pps pool like btcguild.com if you want predictable results.

That's just weird coming from a hero member on here.  I had assumed people here, mine here....

Mine here? I am not sure what you mean. I use btcguild or deepbit.net myself for mining.

Slush's payment method is probably why. Shares decrease in value very quickly. Switch to something PPS.

Well there's this guy who's handle is "slush" I believe this is his forum.  He also runs the oldest pooled bitcoin mining pool according to his website.  When I say mine "here" that's what i mean.  I guess its culture shock.  Apparently this forum is WAY popular with all sorts of miners unaware of slush's pool?  (The second drop down option in guiminer mind you.)

Anyways.

Point me somewhere if you will and I will give them a try.  I just switched everything over "here" (apparently I shouldn't say that though) so I plan on mining for at least several days to see the results.  This is mainly a hobby for me so loss of income isn't going to make me upset over such a short period, I just want to be close the mining calculators estimate of ~coin/day if I can be!

Slush has one of the oldest pools, and a lot of people use his pool. I even used Slush's pool for a while, but I didn't like the variance.

Using 'here' to reference Slush's pool isn't a good idea, simply because of the diversity. There are so many pools, and this isn't Slush's forum.

I don't normally condone deepbit, but you should try there. http://deepbit.net/

The  Bitcoin mining profitability calculator  http://bitcoinx.com/profit/ (http://bitcoinx.com/profit/) is useful.

Have a look at the pools list (https://bitcointalk.org/index.php?topic=104664.0) on this forum. It, er, lists pools.

You should have way more than that, more like .96 btc. Are you looking at total reward or confirmed reward? You will only have a confirmed reward if 100 blocks have confirmed it, which means over 20 hours, only 3.33 hours would be confirmed.

Looking at it, 3.33/20 * .96 = 0.16, so I'm almost sure you're only looking at confirmed.

I don't get it. For all that work, isn't it more profitable to go and get a job somewhere?

soon, running gpus to mine bitcoin will produce less then checking trash cans for soda/pop cans to return for the deposit :-|

Thank you two for that, those were by far the most useless comments yet.  And I had almost decided I liked you Claire.

I work fulltime as a manager and I have my own PC related business, which I run after hours, but I also try to keep my open for opportunities elsewhere.

I have noticed that my hash rate fluctuates, for several hours it read 3000 as it did at bitclockers, but now reads 1300, it has been as low as 600.  I dont see a huge amount of stale shares either.  I also come to the conclusion it should be closer to .96 coin/day.

I will take a screenshot of my dashboard in a few hours.

Yes you should be banking a coin a day easy with that hash power, are you using gui miner? What do all the cards read by themselves? Does the one hooked up to the monitor hash more?

LOL I like opportunity so show me the numbers and if I like it then I'll play. Right now, however, I'm using actual money that I've earned for trading my time for dollars on bitcoin and at this point it's not extra income. I suppose once I finally get approved to sell through some of the places with an actual cart system I'll be able to start doing something fun with it.

I do use guiminer.  I plan on switching "infrastructure" to a better miner once I decide on a place to mine!  (lol)

I mine with modern cards, 7970 5970 5870 5830 5770 6670 and a llano cpu/gpu deal split across three machines right now, so monitors should not majorly affect my hashrate (and it appears that they do not I've looked) and I also have desktop effects turned down as well as cards clocked up and memory clocked down.

As I said I had a consistent 3000 rate at my old place and now only see 1374.  I don't see stale shares on the machines themselves, each miner under guiminer is not displaying problems, showing connected to slush's pool.  I have that screenshot oh my account, how to post it on here?

omg i just want to know what it all means. i understand the 3 machines. i'm talking cash. what does that equal to in cash. if i have to invest in machines i want to know what my ROI is going to be. or maybe i finally have something i can do with my macbook pro whose screen dies if I do graphics :(.

I guess if I ever get time from running my business I'll start reading the very basic docs over again. But what I want to know is if it's worth reading the docs. I know that an extra amount every day is good, but at what cost? Are we talking pennies to dollars to hundreds or pennies? (i'm not a numbers person. i'm sorry. the accounting part of my brain disappeared somewhere between conception and birth.)

Upload it to imgur.com and then link it with [img ]http://imgur url.jpg[/img]

(take out the space in the first [img ], or press "Insert Image")

at this point, is it even viable for individuals to mine in pools? i'd say the giant supercomputers at ETH have taken over....

hmm sounds like getting into the mining business at this point isn't the best idea, huh?

https://i.imgur.com/3JPif.jpg

I can't figure out what that link thing means, sorry lol. 

Seriously though, this isn't a discussion about whether or not mining is a good idea.  This is a support thread not "post whatever the first thing that pops into your head when you finish reading about this guy's issue."

Ok so as you can see I have now made about .5 coin, which is better, but I am still hashing very low.

That is too low.

When you scroll down, what does it say is the average of the last 10 rounds? By now it should be accurate (when you first start, it will be low because of non-participation in the previous rounds).

Can you double check all of your miners to be sure they have the right credentials and urls set?

Yes I just verified all machines again a few minutes ago, around 12 I even switched one whole machine to another pool (leaving around 2500 mhs in slushes pool) and still read an average of 1389 over ten rounds.  What is really puzzling is that is within 100mhs of where it was before I switched.  It's like maybe 2 whole machines are claiming gone connected but are not actually? I am getting no credit for them and I would say it was just a simple typo or something but I did read an average of 3000mhs over last ten rounds for awhile and it just dropped...

3000mh/s will make you just over 1BTC/24hours at BTCguild. (assuming a 2.8million difficulty, which is current.)

You're going to have to start doing some diagnosis. Make a new worker for each card in slush, and then start the miners, each with the new names. Then look at the shares getting reported to slush and see if they are in the expected proportion to each other, or if some are 0s.

It's better to stop focusing on mining. If Bitcoin is going to develop into the world's dominant currency, miners will need to stpo wasting energy to create the same amount of Bitcoins as before.

Only .17 that would drive me insane

If no one mines, there is no bitcoin. The network exists because of the miners.

I'm only making like 0.07 BTC/day but I'm just happy to be participating at all.

Well the point of my post has been addressed at this point, I ended up talking to Shadow383 and am making more per day then I was at bitclockers even.

The main issue was the *huge* drop in payouts between pools, it looks like my computers are taking sometimes many hours to solve a share at slush's pool which as I understand is not good for profits...