Bitcoin Forum

Other => Beginners & Help => Topic started by: warlock72 on December 23, 2014, 07:58:40 AM



Title: Am I supposed to do something when I get emails with "We found a block!"
Post by: warlock72 on December 23, 2014, 07:58:40 AM

I'm a bit confused with emails I'm receiving saying "Bitcoin Affiliate Network - Bitcoin Mining Pool] New block found!"

Included with the emails is info like bellow.

Block Height: 367876
Block Solution Hash: 000000000000000001b5de9de60603b9df7e0790870087

Network Difficulty: 394576713070090g Share: 642820035837.4476

Block finder: S Submitted via:

Am I supposed to be doing something when I receive these emails I do mine, pathetically with GUIMiner using my
graphics card. But I was planning on buying a Raspberry Pi Motherboard and some Block Erupters. My machine is hardly
ever turned off anyway.
I no I'm never going to get rich from it. I would like to hear your thoughts on this is it worth it or a complete waste of time?

Last question I promise
Due to getting in financial shit a few years ago I no longer have paypal, credit cards ect. If the answer to the above is yes it is still worth
mining (For a hobby more than anything) Does anyone know of any shops in the Greater Manchester Area UK that sell this kind of stuff. I would
rather pay cash. But at a push I could use Amazon.  I've been looking at a kit like shown in the links. What would I be best doing and buying?

Both Links to pages on Amazon second link was ridiculously long

http://www.amazon.co.uk/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=raspberry-pi+mining (http://www.amazon.co.uk/s/ref=nb_sb_noss?url=search-alias%3Daps&field-keywords=raspberry-pi+mining)

/kylas4z]http://[Suspicious link removed]/kylas4z (http://[Suspicious link removed)
 
   


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: NeuroticFish on December 23, 2014, 08:18:36 AM
Do you mine at that pool?
My guess would be that you either mine, either used to mine at that pool and your user accepted to get notification mails from them.
And that means to do either of the next points (not all may work):
1. Log in to the pool, check your user settings, find the checkbox where you want mails (or notifications) from them, uncheck it.
2. [if 1 doesn't work] Go to your mail provider and mark these mails as spam for a while.
3. [if they still come] Ignore them.


Mining with GPU is.. more like an expensive hobby. Saving the money you'd pay for electricity and buying BTC would get you more coins actually.


Dedicated hardware for mining is a gamble. Unless you have the very new, powerful, optimized for small energy footprint and obviously expensive toy, you'll hardly earn anything.
And even so, your earnings will ... take a while to match the price you paid.



IMHO, if you mine for hobby, you should find coins much easier to mine. Maybe sell those for BTC. You may make a bigger profit too.


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: RJX on December 23, 2014, 09:14:54 AM

IMHO, if you mine for hobby, you should find coins much easier to mine. Maybe sell those for BTC. You may make a bigger profit too.

He's right you know. So many altcoins out there and every once in a while, a fun one pops up that you can use to get your BTCBTCBTC

watch out for digitalhighwaymen tho!


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: hilariousetc on December 23, 2014, 09:47:22 AM

I no I'm never going to get rich from it. I would like to hear your thoughts on this is it worth it or a complete waste of time?[/color]

It's a complete waste of time. If you want to try mining buy some cheap hardware and mine a new alt coin. You're not going to get anything with bitcoin mining on a graphics card.


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: odolvlobo on December 23, 2014, 09:00:15 PM
If you are not expecting those emails, then I would consider them to be phishing attempts.

As for this:

I do mine, pathetically with GUIMiner using my graphics card. But I was planning on buying a Raspberry Pi Motherboard and some Block Erupters. My machine is hardly ever turned off anyway.
I no I'm never going to get rich from it. I would like to hear your thoughts on this is it worth it or a complete waste of time?  

Even if your computer is on all the time, you will pay more for the additional electricity used to mine than the bitcoins are worth. Same for RPi and Block Eruptors.

If you are doing it for fun, then go for it. If you are trying to make a profit, then you are wasting your time.


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: Divinespark on December 24, 2014, 06:16:33 AM
Delete the email. No further action needed.


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: Omikifuse on December 24, 2014, 06:32:04 AM
They are more than likely pishing.

Don't touch them, and use the report buttom if you want(from your email)


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: Reynaldo on December 24, 2014, 04:10:57 PM
If you want to get into mining you need to get kwatt as low as 0.01-0.15 cents of US dollar PER KW
with that low cost on energy you may ROI with antminers s5, s4, sp (spoondolies), etc


Title: Re: Am I supposed to do something when I get emails with "We found a block!"
Post by: Mobius7 on December 25, 2014, 08:29:11 AM
Just put that email in the spam folder, and forget about it.

Regarding your second question, please check your own electricity cost and make a mining profit calculation on https://bitcoinwisdom.com/bitcoin/calculator. Please make sure you understand how much you are going to get from mining before buying the ASIC.