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The Illuminati are not terrorists.
Any "secret" orginization, real or fictitious, which works in ways and accomplishes things you will never notice can not be a terrorist.
A Terrorist is someone that does things, or says things to scare people.
You are posting things to scare people. Real or imagined fear mongering is an act of terrorism.
You sir, are a terrorist for creating this thread.
Everyone please remain calm. Nothing to see here.
Please ignore the OP.
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Very nice that you are getting about $1100 for 7 when they cost only $80 each from btcguild.
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I have personally verified that you can not install more than 6 GPUs with windows 7.
The only thing you've personally verified is the fact that you were unable to install more than 6 GPUs with windows 7. Windows XP 32 bit + 8 GPUs - http://foldingforum.org/viewtopic.php?f=38&t=7902&start=270#p115136Yeah.. that's two core nvidia cards, but they do count as GPUs, right ; ) I think that there is no hard coded limit or any limitation of GPUs in both Linux and Windows. However when installing 8+ GPUs there are certain issues with BIOS unable to map all the GPUs. Can't remember the project name right now, but guys made 10(not sure about the number but above 8 ) nvidia GPU rig, they had to use custom BIOS and custom linux kernel pathes to make it work. Plus there is known issue with Windows ATI driver, which prevents you from n+ GPUs drivers being properly installed. Some people claim n=4, some n=5. For my setup(GA-990FXA-UD3 + 2x6950 + 2x7950) n=5. And in order to use 6GPUs in Windows I needed either to use 12.6 driver downloaded from AMD or 13.1 driver downloaded from techpowerup. Also that 13.1 from techpowerup driver is different from 13.1 from AMD driver only in registry, so I assume that with some mod it is possible to use any driver version for 6GPU rigs. So unless s1 explains why it is not possible technically to use 6+ AMD GPUs in Windows I consider it is doable. "Windows sux"/"I was not able to use more than n GPUs in Windows"/"AMD drivers are crap" are not technical explanations. So it sounds like you are saying windows XP can do 8 GPUs. Had I known that I would have tried XP and skipped windows 7. But XP wanted dummy plugs on the DVI ports of unused cards. That was why I went with windows 7. Also finding PSUs to support 7 GPUs rather than 6 ended up needing 3 PSUs rather than 2 (When you go the economy path) I am impressed someone else got 8 to work. Linux? I read that windows 7 (not XP) is limited to 6 because they never imagined anyone would want more then 6 GPUs. |
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SIX is the max number for windows 7.
not true. Yes True. I personally have multiple 5870s and 5970s. 5970s are dual GPUs. I have motherboards with 6 PCI slots. I can install six 5870s. Or I can install two 5970s and two 5870s. I cannot install more than three 5970s. I can not install one 5870 and three 5970s. I have personally verified that you can not install more than 6 GPUs with windows 7. I have looked this up online to find that Windows 7 maxes out at 6 GPUs and Linux maxes out at 7 GPUs. If you disagree, then explain. |
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I still can't understand how you are failing to grasp this.
Say I have 1x 7950. It can achieve 590mH/s mining Bitcoin or 650kH/s mining Litecoin.
This currently equates to 0.139 Bitcoins per day (currently $1.24 in USD), or 0.777 Litecoins per day (currently $2.31 in USD).
Therefore Litecoin is 187% more profitable than Bitcoin on a 7950. Where you are getting this information that mining Litecoin earns less than Bitcoin I do not know.
THANK YOU for posting NUMBERS and not speculation. THANK YOU. This makes intelligent conversation based on metrics that are real. First a 590Mh miner does not make 0.139 BTC it makes 0.0139 BTC. However my calculator puts that at $1.19USD so your main point is still valid, the USD money in the end is about what you said (with the dropping BTC value from the time you posted until the time I posted). I get 650Khash = .77 LTC (2.05019 USD) (also dropped from your post time to my post time) So yes that would appear more profitable! You are right. But how do you get 650K/hash when it was 590 M/hash? Is there a mining rate converter somewhere? |
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In the event that you were actually interested in corresponding, yes, I do mine a variety of coins. In fact, I haven't specifically mined BTC for quite some time as a primary coin and that has turned out well for me. However I don't consider it dead, rather a fallback in the event other coins are not profitable for me, as they sometimes are not. Other coins I will continue to mine as "fairweather", like LTC PPLNS, but I have other miners I switch around based on RBPPS systems generally speaking. Not sure what you mean about mining "dead coins", to which coins are you referring to? A lot of assumptions! Just ask, the information comes out easier. I have more than one miner.
To me, LTC is past dead and some people just cant do the math because they are stuck on their dreams of the future of LTC. BTC is alive to ASIC, and alive to GPU if you are confident you wont break a GPU in the process. If you do burn one out, you just lost money you will never get back at this rate of difficulty increase and ASIC taking over. |
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Ever considered solar or other alternatives if energy is one of your chief concerns? Though it sounds like there are a lot more things about mining that bother you, understandably so.
I once read a threat where these guys suggested getting a NASA engineer, or a nuclear engineer for some job.... It took about 10 posts before someone called them out for being stuck up snobs to suggest such an unreasonable overkill solution. If I had 10,000 K Watts of solar power..... How much do you think that solar power equipment would cost? Given the smallest most optimistic rate of difficulty increase and ASIC network speed increast, Do you believe that would make ROI, ever? No offense. I think you were being genuine when you suggested solar. I wonder if anyone has had experience renting "free utilities" rental offers, and just using up all that power? A lease with utilities included seems plausible. |
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Bitcoin mining is 50% less profitable than Litecoin mining right now, see coinchoose.com
Please explain to us how you think that litecoin is more profitable than bitcoin? 50% is such a nice even rounded number, that I'd like to know how you mathematically reached it. That website does not compare BTC to litecoin. I used a litecoin calculator and found that it earns less coin and less USD per GPU. I am NOT using "room to grow" speculation. Speculation is guessing. Guessing is not fact. Lets talk about today, not the hypothetical future. If you're only interested in talking about "today", you may very well not mine. Are you going to invest, get ROI today? Anytime near today? Ever before? No and no. So... If you are going to support the false information that was offered "50% less profitable" then you are a fool. If you are not going to read what I said, you should not attempt to insult me. (I began this thread saying I have already earned more than my ROI.) So lets talk about my ROI in the past, not the future. Nice attempt to sound like a big shot with your buzzwords but you just blew your facade but trying to sound cool. Bottom line, you are avoiding the FACT that today, and tomorrow litecoin earns LESS than BTC, and BTC is dead to GPU unless you have free power or want to risk burning out a GPU and then go into the negative. That is to say nothing of ROI, which is long dead for GPU mining if you are thinking of buying GPUs today. On another note, I noticed you claim to mine multiple coins. A foolish speculative play when you can clearly see which is the better, mine that, and switch to the top coin of the day as needed. Instead you waste your timing mining dead coins? Yes and yes? So.... (PS: Learn to read at least the first post, and keep your story straight so you don't get called out.) |
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Sorry, I just don't get it, If the rigs have paid for themselves and you (were) making $157 after bills, Then where is the problem?
My threshold is tighter, But I still make a profit, I am not going to turn off until I end up spending money in running rigs, Then I would just buy BTC and sit on it.
The problem is the dropping value in BTC, below $90 today. Also the HEAT. Hottest day of the year, and I already have to open all doors and windows 24/7. Fire hazzard. Running GPUs 24/7 is wear and tear. If I burn out one GPU, and I am only making $157 per month, I just lost money because each GPU is worth more than that. So it is not worth the risk of burning out 1 GPU. Also the discomfort. Also the dropping BTC. Also the labor of monitoring miners and rebooting them when they are slow or go offline. Congradulations to you for riding this out until the end. I prefer not to lose money. If someone has any info on free power.. I would run 1 of my miners for them! |
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5 minutes ago I went down to the mine and powered off each of my 6 GPU miner rigs.
I ran the numbers, with power at .087 per k watt hour,
12000M hash speed,
current low BTC rate 94.06
Diff: 21,335,329
I would make 157 USD per month.
But BTC may or may not drop, then after BTC exchange rate fees, pool fees, transfer fees,,
GPU mining is not worth it anymore. Not for 157 and change for the heat and stress on the equipment.
Not arguing about GPU mining these days, but I still can make about 295$/month with 10GH (at current numbers). (probably more if I undervolt my cards even further...but I doubt it's worth the effort for just few more weeks) Very nice for you. I am not overclocking otherwise I'd get more, but I'd burn the hell out of the cards or the room which is already super hot. Windows and doors open 24/7! My $157 quote is after the power bill (estimate) |
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Bitcoin mining is 50% less profitable than Litecoin mining right now, see coinchoose.com
Please explain to us how you think that litecoin is more profitable than bitcoin? 50% is such a nice even rounded number, that I'd like to know how you mathematically reached it. That website does not compare BTC to litecoin. I used a litecoin calculator and found that it earns less coin and less USD per GPU. I am NOT using "room to grow" speculation. Speculation is guessing. Guessing is not fact. Lets talk about today, not the hypothetical future. |
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Personally i hope everyone sells thier GPU's ..... and i can pick up for cheap.
Wana buy mine then? |
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Whoever thinks and says litecoin is dead needs to really look at the charts, at the current rate it will be $20+ USD by the end of the year.
As of this post Litecoin is at $3.
179% More profitable then Bitcoin....
So many people Scaremongering, Am tired of it.
But by all means, don't mine it, all the more for me.
Charts? Aka speculation? Why don't you take every penny you have and double 3 times on lite coin while you're predicting the future and inventing numbers. Litecoin mining with the same miners as btc mining earns LESS income than BTC mining. Nice way to twist a higher profit by claiming charts provide this greater percentage a year into the future. Google Bitcoin calculator. Open a new tab. Google lite coin calculator Open a new tab Google btc exchange rate Open a new tab Google lite coin exchange rate. Enter the same hash power for both (Remember that 1mega hash in btc equals 1k hash lite coin) Do the math Then reply back |
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Alt coins are also dead, Litecoin is the last to go down but it's going and will be gone soon.
Why do you say that? Litecoin is currently ASIC proof so there will be a lot of GPU workers going there over the next few months, also it is small but steadily growing, much like Bitcoin was. Once MtGox starts trading LTC we'll see a lot more market validation. Right now, using GPU mining, LITEcoin is LESS profitable than BTC. BTC is already not profitable for people to get into. GPUs cost too much, use too much power, and don't earn enough. They earn even LESS money than BTC. I checked the exchange rate for Litecoin with my mining power, and I make more mining BTC. Yet I shut down my miners because it isn't enough to bother with. Therefore Litecoin was dead before it ever went mainstream. Much like HD-DVD back when that was competing against Bluray disks. Bitcoin was in the news, on TV, on talkshows, mentioned by the black market. Nobody cares about Litecoin but people that don't yet know that they are burning out their CPUs and GPUs on a dying currency. Sure they can make $10 USD a month mining litecoin, but that is foolish when they could make $15 a month on BTC currently. Overheating my house and burning up my GPUs is no longer worth the little $150 I get after the power bill. Anyone doing litecoin is terrible at math and or accounting. Litecoin is totally dead. BTC is alive. |
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What connection do you have to this so far apparently random guy on google+? |
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Very interesting input from everyone.
Even the guy thanking me saying "more for me!" My 12G/h does not effect the overall speed of the BTC network and it is silly for him to think that is more for him.
My mining was profitable and I mined until it was no longer profitable.
BTC value is dropping. If it goes above 130 I would stay in it, but it is not.
Transfer fees suck, ASCI preorders take forever, it is a fad that I do not see lasting unfortunately.
At this point my equipment is worth more than any amount of BTC I could still get.
1 BTC every 4 days is not worth my time if it is under $100.
Nor the stress on the gear, and monitoring GPUs which like to crash.
I could learn about Hashcat!
But I'm selling gear if anyone needs anything, I have... everything. lol
It was fun and I will enjoy trading BTC with people for stuff.
I spent all mine on USB eruptors which I intend to sell on ebay after I get them.
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----------------------------------------------------------
Price per kWh | 0.087 USD
Current as @ | Today
Provider | Sno-Co
Country | Snohomish County, Washington, USA
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10 months wait?
If I order now, ASIC itself will be outdated and worthless.
No resell value on a one trick pony right?
Better get that thing working quick!
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