Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: TheWhatGuy on June 10, 2011, 10:09:33 PM



Title: So I'd love to get started but....
Post by: TheWhatGuy on June 10, 2011, 10:09:33 PM
Hey there everyone. Heard some people chatting about this and I just had to check it out. I've had the program running for a day or so now and have 130K blocks and 8 connections or something, but I am confused as to how to make these blocks into anything useful or begin generating coins =\

I have read some things on the forums yet remain confused so in the most simplistic way possible can somebody tell me how to get started? The Faucet which it talked about alot is apparently broken so I am out of luck there. Also, what is this I read on the Wiki about using the GPU instead of CPU to process? Wouldnt that mean if I am using Bitcoin and running a game I would just constantly lag out?


Title: Re: So I'd love to get started but....
Post by: rezin777 on June 10, 2011, 10:11:30 PM
What would you like to get started with? Generating coins? Or using Bitcoin?


Title: Re: So I'd love to get started but....
Post by: mmdough on June 10, 2011, 10:13:52 PM
If you want to generate coins, you may want to look here: http://forum.bitcoin.org/index.php?topic=9430.0 (http://forum.bitcoin.org/index.php?topic=9430.0)

But it's a... complicated subject (or so I gather).

If you just want to get your hands on some, you can beg for tips, sell something, or just buy something at one of the exchanges (https://mtgox.com/ (https://mtgox.com/) is the big one). It takes some time to get money in and out, but once you've got 'em, you can trade to your heart's content.

Hope this is helpful


Title: Re: So I'd love to get started but....
Post by: TheWhatGuy on June 10, 2011, 10:18:55 PM
What would you like to get started with? Generating coins? Or using Bitcoin?

Well, both.


Title: Re: So I'd love to get started but....
Post by: TheWhatGuy on June 10, 2011, 10:20:23 PM
If you want to generate coins, you may want to look here: http://forum.bitcoin.org/index.php?topic=9430.0 (http://forum.bitcoin.org/index.php?topic=9430.0)

But it's a... complicated subject (or so I gather).

If you just want to get your hands on some, you can beg for tips, sell something, or just buy something at one of the exchanges (https://mtgox.com/ (https://mtgox.com/) is the big one). It takes some time to get money in and out, but once you've got 'em, you can trade to your heart's content.

Hope this is helpful

I read that post and it didnt clear up very much to me :(

I dont know what kind of things I could sell for a coin, and I dont know about investing real money for a virtual coin.


Title: Re: So I'd love to get started but....
Post by: Oldminer on June 10, 2011, 10:23:02 PM
If you just want to mine w/o installing or configuring anything you can do so here http://kradminer.com/


Title: Re: So I'd love to get started but....
Post by: TheWhatGuy on June 10, 2011, 10:26:31 PM
If you just want to mine w/o installing or configuring anything you can do so here http://kradminer.com/

Okay so that looks pretty interesting, but again it sounds like I am giving up my PC and perhaps my personal things on it for Bitcoins?

I just dont trust installing software that lets somebody use my computer unless I can know exactly what is happening. Would I take a performance hit for running it?


Title: Re: So I'd love to get started but....
Post by: rezin777 on June 10, 2011, 10:28:32 PM
What would you like to get started with? Generating coins? Or using Bitcoin?

Well, both.

http://forum.bitcoin.org/index.php?topic=9430.0 (http://forum.bitcoin.org/index.php?topic=9430.0)

Here is a link to a beginner's guide courtesy of the mining forums.

I also suggest you read the wiki and browse the forums as well.

Good luck!

Edit: Also, here is the creator's original paper.

http://www.bitcoin.org/bitcoin.pdf (http://www.bitcoin.org/bitcoin.pdf)


Title: Re: So I'd love to get started but....
Post by: foo on June 10, 2011, 10:47:05 PM
Too bad that the faucet is down. Post your Bitcoin address in this thread and maybe some generous forum member will send you a bitcent to play around with... :)


Title: Re: So I'd love to get started but....
Post by: TheWhatGuy on June 10, 2011, 11:09:41 PM
Too bad that the faucet is down. Post your Bitcoin address in this thread and maybe some generous forum member will send you a bitcent to play around with... :)

1CSokXAahPorYKgVUXvz4PYkscDJoGYL3T

For anybody kind enough to help me out ^^


Title: Re: So I'd love to get started but....
Post by: TheWhatGuy on June 11, 2011, 12:07:09 AM
Thank you to whomever sent me 0.1 coins ^^


Title: Re: So I'd love to get started but....
Post by: kokojie on June 11, 2011, 12:17:31 AM
it's easier to just start buying btc on an exchange. Mining is difficult.


Title: Re: So I'd love to get started but....
Post by: ErgoOne on June 11, 2011, 12:39:16 AM
I'm new to Bitcoin myself.  As best I can tell, however, mining is worth it only for people who have computers with powerful graphics cards.  I've got a couple of colo'd servers, but neither one has a fancy graphics processor because they're not used for high-end animated graphics or gaming.  So I'm not planning to mine.  Instead, I'm *slowly* getting myself set up with a separate online banking account, a Dwolla account, and then I'm planning to purchase a few bitcoins so that I can have them "on account" and see what they can be used for.  I will also probably offer some books and other stuff for sale that I'd otherwise put on EBay, just to see what happens.  (Is anybody running a Bitcoin-friendly auction site?)

IMHO unless you're into high risk currency speculation, it would be foolish for a newbie to invest more time/money in Bitcoin than you can afford to loose.  However, Bitcoin is an intriguing idea; there's no reason that it couldn't live and grow.  Something like it -- crytographically protected electronic currency that has the anonymity and reliability of cash -- almost has to happen.  So it's worth investing some time and a bit of money to see how it goes.