Bitcoin Forum

Bitcoin => Mining => Topic started by: matty521521 on August 03, 2014, 06:01:56 PM



Title: What does this mean in Bitcoin mining term?
Post by: matty521521 on August 03, 2014, 06:01:56 PM
 From jun 15 to aug 1 I used 229 GB.

What does this mean when referring to a mining rig?


Title: Re: What does this mean in Bitcoin mining term?
Post by: Xyver on August 03, 2014, 06:35:25 PM
GB? Or Gigahash.

GB is gigabyte, which is a unit of storage.  Gigahash is a unit of mining speed (1 billion hashes).  229 gigahashes is 229 billion hashes/second.


Title: Re: What does this mean in Bitcoin mining term?
Post by: umairsaleem010 on August 03, 2014, 07:27:37 PM
GB? Or Gigahash.

GB is gigabyte, which is a unit of storage.  Gigahash is a unit of mining speed (1 billion hashes).  229 gigahashes is 229 billion hashes/second.

i think he is trying to say gh


Title: Re: What does this mean in Bitcoin mining term?
Post by: matty521521 on August 03, 2014, 10:38:19 PM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.


Title: Re: What does this mean in Bitcoin mining term?
Post by: TwinWinNerD on August 03, 2014, 10:39:19 PM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.

Is it hosted somewhere?

But really, doesn't make much sence...


Title: Re: What does this mean in Bitcoin mining term?
Post by: RoadStress on August 04, 2014, 12:14:11 AM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.

Why not ask clarifications directly from the seller?

Also what 2.4TH/s miner are you about to buy?


Title: Re: What does this mean in Bitcoin mining term?
Post by: matty521521 on August 04, 2014, 02:37:53 AM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.

Why not ask clarifications directly from the seller?

Also what 2.4TH/s miner are you about to buy?

2 dragon terahashers. Also you think i should invest in these for the next 8 months to help with my college payments? Do you think it's worth the risk i'm already $10k in the hole, let me know on what you think.

http://gyazo.com/07237070d2ecc9cfe63b2b8a1e9f28e3

->>>Picture



Title: Re: What does this mean in Bitcoin mining term?
Post by: xstr8guy on August 04, 2014, 11:26:38 AM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.

Why not ask clarifications directly from the seller?

Also what 2.4TH/s miner are you about to buy?

2 dragon terahashers. Also you think i should invest in these for the next 8 months to help with my college payments? Do you think it's worth the risk i'm already $10k in the hole, let me know on what you think.

http://gyazo.com/07237070d2ecc9cfe63b2b8a1e9f28e3

->>>Picture



BAD buy if you're paying for electricity. Dragons/A1 chips are old tech. It's a suckers bet to buy anything above 1GHs per watt in this day and age. Don't bother with anything other than Bitmain S3s if you want delivery in days... or Spondoolies SP30s if you can wait a month.


Title: Re: What does this mean in Bitcoin mining term?
Post by: matty521521 on August 04, 2014, 03:22:31 PM
Im supposed to buy a 2.4 TH/s miner, and for some reason he told me about 229gb for some reason i still cant figure out why hesaid that.

Why not ask clarifications directly from the seller?

Also what 2.4TH/s miner are you about to buy?

2 dragon terahashers. Also you think i should invest in these for the next 8 months to help with my college payments? Do you think it's worth the risk i'm already $10k in the hole, let me know on what you think.

http://gyazo.com/07237070d2ecc9cfe63b2b8a1e9f28e3

->>>Picture



BAD buy if you're paying for electricity. Dragons/A1 chips are old tech. It's a suckers bet to buy anything above 1GHs per watt in this day and age. Don't bother with anything other than Bitmain S3s if you want delivery in days... or Spondoolies SP30s if you can wait a month.

I'm calling college on tuesday to ask about electricity, if it's 100% included should I buy the dragons? If It's only paid to a certain limit i'll buy some S3s?

Sounds good?>


Title: Re: What does this mean in Bitcoin mining term?
Post by: jjc326 on August 04, 2014, 09:48:07 PM
It's funny, I've never heard about this possible electricity caps at colleges.  I assume it was never an issue but I bet it's a fairly frequent problem now, since younger people are more likely to know about bitcoin mining, and also looking for ways to make "easy" money  :D


Title: Re: What does this mean in Bitcoin mining term?
Post by: xstr8guy on August 05, 2014, 02:00:40 AM
You might as well just grow some bud in your dorm room. It will generate a lot of heat and use a lot of electricity too. But it will be much more quiet. Plus, you'll be very popular!   8)


Title: Re: What does this mean in Bitcoin mining term?
Post by: Katarina on August 05, 2014, 06:51:50 AM
It's funny, I've never heard about this possible electricity caps at colleges.  I assume it was never an issue but I bet it's a fairly frequent problem now, since younger people are more likely to know about bitcoin mining, and also looking for ways to make "easy" money  :D

Don't overload, you might burn down your own college...


Title: Re: What does this mean in Bitcoin mining term?
Post by: matty521521 on August 05, 2014, 08:36:18 PM
You might as well just grow some bud in your dorm room. It will generate a lot of heat and use a lot of electricity too. But it will be much more quiet. Plus, you'll be very popular!   8)

mmmm how about no.


Title: Re: What does this mean in Bitcoin mining term?
Post by: BitcoinAddicts on August 06, 2014, 05:06:37 AM
Bitcoin hardware is too hot to put in dorm, your room mate will complain in no time...


Title: Re: What does this mean in Bitcoin mining term?
Post by: Kprawn on August 06, 2014, 01:03:26 PM
Just do not tell them, you would be using that much electricity, until they pick it up themselves.  ;D

Hopefully you will not be identified as the "Pot" grower for BTC or are all rooms measured individually? Then you are stuffed.

The heat is definitely a problem, if you sharing a room. {Well not if you living in Alaska in winter time, then it's a bonus}  ;D ;D