The binary is also updated. And don't put -o -p and -u args in quotes, thats nonsensical.
Thanks, I got it working and it's a little faster than poclbm. Are there stable releases or is everything just "up to date"? Not complaining, just asking  But now I have other problems. I am testing things out with a slow card (I am still thinking about investing in newer hardware) so I am running at ~15 Mhash/s with an ATI 5450 on Ubuntu 10.04. The miner runs, but after a while java pushes one of my CPU cores to 100% and stays there. My connection is a little unstable and sometimes the miner prints connection errors, but nothing else... Any idea? |
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so if someone would implement a SHA-Chip in Harware he woul habe incrediable performance to mine bitcoins?
best regards, XuS
Yes, I think that will be the future. But don't forget that network adapts itself. So if everyone has specific hardware, no one will have outstanding profits because the difficulty will increase. |
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You initialise the networkStates array with a length of 0 if the url command line option is not used, resulting in an ArrayIndexOutOfBoundsException on line 427: Exception in thread "main" java.lang.ArrayIndexOutOfBoundsException: 0
at com.diablominer.DiabloMiner.DiabloMiner.execute(DiabloMiner.java:427)
at com.diablominer.DiabloMiner.DiabloMiner.main(DiabloMiner.java:133) Initialising it to 1 with the command line arguments: -dd -o "swepool.net" -r 8337 -p "mypwd" -u "myuser" -w 128 I get the following exception: Exception in thread "DiabloMiner GetWorkAsync for swepool.net" java.lang.NullPointerException
at java.io.StringReader.<init>(StringReader.java:33)
at org.codehaus.jackson.JsonFactory.createJsonParser(JsonFactory.java:427)
at org.codehaus.jackson.map.ObjectMapper.readValue(ObjectMapper.java:1285)
at org.codehaus.jackson.map.ObjectMapper.readTree(ObjectMapper.java:1007)
at com.diablominer.DiabloMiner.DiabloMiner$NetworkState.doJSONRPC(DiabloMiner.java:688)
at com.diablominer.DiabloMiner.DiabloMiner$NetworkState$GetWorkAsync.run(DiabloMiner.java:815)
at java.lang.Thread.run(Thread.java:680) A little more testing without the url option might be in order... I still have this error on Ubuntu 10.04. Did you fix it only in the code or are the binaries also updated? |
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You wouldn't happen to be a large crowd of bagholders slowly realising it, would you?
Maybe we are  Anyway, short selling is coming at least at Camp BX. That should shake things up a little right? |
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I was trying to send 0.04 btc that I got a few days ago. So the best option is to make large transfers of old coins, right?
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So I got by first bitcents in my wallet and I wanted to transfer them somewhere else, but the client says that I must pay a fee of 0.0005 because the transaction is over a file size limit. Is this because the amount is too small, because the bitcents are too recent or because of something else? I have nearly 200 confirmations...
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hmm... so having only around 20 Mhash/s on my computer I may have to wait for up to few years before I know if this is even working ?  So going for a pool is probably best? Yes, that's exactly it. But even with a pool don't expect to earn much at that rate... You can use the available calculators to forecast the number of coins you will get. |
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Pardon my ignorance, but isn't it more profitable to mine today than it was when Bitcoins cost less than a half a penny a piece 1.5 years ago? The lack of profitability didn't stop the mining movement back then, and it's not going to stop us now.
Was it? I wasn't here back then... I know difficulty was very low so everyone was making lots of coins (even with CPUs) |
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This market is too unstable, low volume, and easily manipulated to trade reliably. If you're interested in learning the basics of technical trading, PM me and I'll shoot you a link to a good site.
Yes, I'm interested. If you have suggestions, I will gladly hear them |
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BitMole, I am not saying that it won't be profitable. I am just saying that it won't be like:
"OMG! I became a millionaire in a week and I have more money that I can ever spend! I have AMD cards running under my bed and even my toaster is mining for me!"
I think that it will be profitable for some, but not very profitable. There will be high competition among miners. The profitability of the "mining market" will be driven by: the cost of electricity, the cost of hardware, the introduction of new and better hardware and, most importantly, BTC cost (which is created by speculators/investors/others at the regular markets).
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i'm sooo waiting for a 3rd major compeditor to come into the field, that will change things imho.
we need a new exchange thats pleasent on the eye with good security and speeds etc and i can see the public flocking to it. and if they had decent seo skils and publicity dept. i dont see what could hold em back.
CampBX?  |
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I have one with a NVIDIA GeForce 7150M/nforce 630M, and another with ATI Mobility Radeon X1300.
None of them is supported I think. You can continue to mine with CPU but, money wise, it's not really worth it. If you really want bitcoins you can just buy them though... |
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That is right then. CPU mining is sort of pointless now... What are your GPU models?
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Open notepad -> write "phoenix.exe" without quotes -> save file in the directory of the phoenix miner with the name "pohenix.bat".
There, you have it.
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It's definitely annoying, but the forum benefits with these. I agree with the restrictions.
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Yes, electricity plays a big role here. Those with special conditions (cheap/free electricity, solar power, etc.) will definitely raise the stakes. The others will fall behind in terms of profit... My point is, after you've bought the hardware, the incentive to "get out" is low. Maybe people running several multi card rigs will cut back, but the "hobbyist" miner like myself is here to stay.
Now, the incentive for new people to get in DOES get lower as the difficulty gets higher. Why spend hundreds on hardware that will never get paid back?
Well, guys like you are here to make it harder for guys with free electricity that just want the money But you're right, it is harder to get out than it is to get in. I predict that very few people will join in the following weeks until the network slowly evens out again as some people quit. |
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I would love to add sms notification, but im not sure how to do it. the site is written in ruby (just 5 files). So if there is a quick and easy ruby sms library or something, that would be perfect. email is easy, if sms is just as easy i will definitely add it.
The problem with sms is that you will probably have to pay them if you send too many. There are some services online that provide an API that you can use to send sms, but they will charge you for each one. Also, this is region dependent... You are talking about US, right? |
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So the previously mentioned 3 months is just a guess? It is random? Like it could be "tomorrow" or "next December"? I am sorry if it is an idiot question... I am trying to figure all this out myself...
I started out joining a pool about a week ago myself. I have netted about a whole BitPenny so far... so, at the rate I am going, will have a whole BTC in about a year...
It could be the next minute, the next month or the next season It's kind of lottery. The 3 months is the average for his case. If you use the calculator link at my previous post, you can see the probability of finding a block. Just fill in the difficulty and your Mhash/s. Pool mining is completely different. If you join a pool you will receive constant smaller payments at a good rate (depending on the options you chose). Example for a really fast machine (2Ghash or something...): - If you mine solo you will find a block (50 BTC) every 50 days on average - If you join a pool you will receive 1 BTC every day on average (minus the pool fees) You can also use this calculator to find out how many bitcoins you will earn on average with your current hardware: http://www.alloscomp.com/bitcoin/calculator.php |
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I believe that, from now on, mining will always be barely profitable. Not much more nor much less than that.
This happens because difficulty always corrects itself when there are too many or too few people mining. If it is really worth it, people will get in. If it is not, people will get out. It's a smooth process of self-adjustment.
With time, mining hardware will become much more efficient and people that invest in recent hardware will get more profit than the others, but that will soon be corrected by hardware depreciation.
Am I missing something?
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