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Bitcoin => Bitcoin Discussion => Topic started by: Nefario on December 28, 2010, 03:30:19 PM



Title: Found spare change down the back of the sofa.....bitcoin style
Post by: Nefario on December 28, 2010, 03:30:19 PM
I started with BitCoin over 6 months ago(possibly longer, I don't recall) and for a period of at least a week had both crappy computers in the home running it, generating. I had made 1000BTC. And then got bored, being in China there's not much I can do with BTC. And did a re-install of my machine.

So I forgot all about it until about 2 weeks ago when I came across Bitcoin again, and started up again. Only to find that after 2 weeks I have generated NO coins  :'(  And I was thinking that I'm going to be BTC poor forever when I just remembered. I had made a backup. After checking it was still there, my wallet with my BTC1000 and I was so happy.

Just thought I'd share that story. On a slightly related note; with a AMD Athalon X2(dual core) machine how long will I have to wait to generate some bitcoins? And should I feel rich now that I've got my BTC1000 back again (whats that worth in paper money?).


Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: pc on December 28, 2010, 04:02:45 PM
There's a calculator at http://www.alloscomp.com/bitcoin/calculator.php where you can put in your khash/sec and it will give you an estimate of how long it'll take to generate. If you're not using a GPU, it'll likely be quite a long time, and probably not worth the electricity cost.

I visit http://bitcoinwatch.com/ and http://bitcoincharts.com/ to see current market prices, but I'm really only watching the USD market.


Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: Nefario on December 28, 2010, 04:35:54 PM
~$250 US Doll Hairs

Your best bet with a CPU is join a pool. You may never generate a 50 BTC block again at current difficulties.

That is some progress in a few months, it makes me sad that I did not keep the generation up when I first started, now I must work for my BTC like all the commoners  :P

~$250 wow.... that is the single best investment I have made in my life, that's nearly a months salary. And my family called me an idiot dreamer for playing around with this! HA HA I shall show them.


Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: bitcool on January 19, 2011, 02:10:52 AM
~$250 US Doll Hairs

Your best bet with a CPU is join a pool. You may never generate a 50 BTC block again at current difficulties.

That is some progress in a few months, it makes me sad that I did not keep the generation up when I first started, now I must work for my BTC like all the commoners  :P

~$250 wow.... that is the single best investment I have made in my life, that's nearly a months salary. And my family called me an idiot dreamer for playing around with this! HA HA I shall show them.

I like your story, I wish I had that kind of luck. Considering even today there only a couple of nodes in the great China region, you probably are THE first adopter of bitcoin in China ... that title itself may worth something.


Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: SmokeTooMuch on January 19, 2011, 05:49:59 AM
Just thought I'd share that story. On a slightly related note; with a AMD Athalon X2(dual core) machine how long will I have to wait to generate some bitcoins? And should I feel rich now that I've got my BTC1000 back again (whats that worth in paper money?).
Guess the best thing for you to generate coins is to join a pooled mining effort.


Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: Anonymous on January 19, 2011, 06:29:21 AM
~$250 US Doll Hairs

Your best bet with a CPU is join a pool. You may never generate a 50 BTC block again at current difficulties.

That is some progress in a few months, it makes me sad that I did not keep the generation up when I first started, now I must work for my BTC like all the commoners  :P

~$250 wow.... that is the single best investment I have made in my life, that's nearly a months salary. And my family called me an idiot dreamer for playing around with this! HA HA I shall show them.
Your story made me feel happy for all sorts of reasons. Thanks for sharing.



Title: Re: Found spare change down the back of the sofa.....bitcoin style
Post by: grondilu on January 19, 2011, 03:56:16 PM
Nice little story :)