|
The price rose by a fair bit and the difficulty only went up a third or so. Don't see a problem here.
As long as price keeps increasing in steady steps I don't see a problem even with difficulty in the millions.
If price drops too much, mining capacity will drop until difficulty comes down and it's profitable again. Pretty simple.
|
|
|
|
|
Probably a few thousand years at the current difficulty level. Unless you have free electricity it's just a waste of time.
But as said above, you "might" get lucky just as some people win the lottery. Is it worth it for running your PC 24/7 for years? (In hopes of 50btc) I say no...
|
|
|
|
|
Southern Islands isn't a new architecture, it's just a 40nm -> 28nm die shrink + optimizations made on the 6000 series platform.
It will be 40-60% faster at most. Early adaption wont be profitable because the cards will cost too much relative to well-performing 5000 series cards which will become even cheaper as gamers, casual users etc. dump them for newer cards.
Nvidia Kepler on the other hand is an entirely new ballpark compared to the Fermi architecture (gt/gtx 400-500), but the OpenCL performance will probably be too poor to be considered by miners.
|
|
|
|
|
Besides longpolling I'd also prefer instant payment instead of long confirmation periods, not sure if slush has the funds to pull it off though.
The only reason I still mine on deepbit from time to time tbh.
|
|
|
|
|
Mining is extremely low-bandwidth. I checked the network stats on one of my miners, it shows 9.7mb over 12 hours.
|
|
|
|
|
If you run them on cheap processors the total power usage will be 1900-2000W at peak times. Those PSUs will run them more than fine.
|
|
|
|
|
If you can keep ambient temp at around 23-24c or less and card temp at under 80c 24/7 go for it.
|
|
|
|
 0.82%, One of my windows miners at slush, couple days uptime. Normal radeon 5850 at very slight overclock (5-10%). Standard rig with 80+ gold PSU etc.  Almost exactly 1%, a 5770 running on low end rig, few days uptime. |
|
|
|
|
Slush's pool for one shows how many blocks your miners found. I "found" 3 in the last 60 days. But it evens out statistically in the long run so you are not actually "losing" 50 BTC every time a block is found.
In fact you will probably run into very long dry spells once in a while and earn nothing for multiple weeks if you go solo. Pools are much steadier.
|
|
|
|
|
Those cards ran out a month ago a few weeks after they were reintroduced to the market.
They aren't sold anywhere anymore, and haven't been for nearly a month, and wont be restocked.
|
|
|
|
|
Wrong, it's the 3xxx cards that don't have OpenCL support.
4xxx Radeon's can mine just fine, but it's not economically feasible at this time (high power consumption, low hash rate)
|
|
|
|
|
IMO 37% increases are a pretty modest estimation but that's just me.
In my similar calculations I like to pessimistically evaluate difficulty raising at 70% or more every time as time passes. Hoping to be wrong of course, though.
|
|
|
|
Interesting stats...  Wow! You've made more than double in one round than I've made total with four computers running non-stop for nearly three weeks!I admit, this does shake my resolve. I've been looking at the returns on having these computers running full bore all this time and I've begun questioning if it is really worth it. Looking at the charts page, my daily reward has been sinking daily to the point where it is hovering around .002 per day. At the rate I'm going, it is going to take me well into next year to generate just 1.00 BTC, if at all! I'm considering dropping my "send threshold" to .01 to collect what little I've made and dropping out. Is it really worth staying in? IMO under 10 bitcents per round is pretty bad (not at all unprofitable, but for me it's too low), but if the price keeps at this level or increases, stick with mining. If you get under 1 cent per round or worse then it's definitely not worth it. But each to their own. What type of hardware are you running to get over 10 bitcents per round? I am currently running two 5830's that produce ~300 Mhash/sec each. Over the last 12 hours I have averaged around 3.8 bitcents per round. Mostly 5850's and 5770's, for about 0.66btc per round @ 14ghash/s. Had to negotiate an electricity discount & amp upgrade though since I don't run them at home. |
|
|
|
Interesting stats... Wow! You've made more than double in one round than I've made total with four computers running non-stop for nearly three weeks!I admit, this does shake my resolve. I've been looking at the returns on having these computers running full bore all this time and I've begun questioning if it is really worth it. Looking at the charts page, my daily reward has been sinking daily to the point where it is hovering around .002 per day. At the rate I'm going, it is going to take me well into next year to generate just 1.00 BTC, if at all! I'm considering dropping my "send threshold" to .01 to collect what little I've made and dropping out. Is it really worth staying in? IMO under 10 bitcents per round is pretty bad (not at all unprofitable, but for me it's too low), but if the price keeps at this level or increases, stick with mining. If you get under 1 cent per round or worse then it's definitely not worth it. But each to their own. |
|
|
|
5101 2011-06-04 06:18:52 0:16:14 162633 0.6504655 - invalid
5100 2011-06-04 06:02:38 1:26:44 870513 0.6056804 - invalid
 Bad luck? |
|
|
|
|
Remote desktop.
But it wont obv. work if the program doesn't exist on the other machine.
|
|
|
|
|
I did the math about a year ago and came to the conclusion private mining at 4+ghash/s will be profitable until at least mid 2012/2013 due to difficulty increases. After that point, I'm not going to invest into more hardware unless the price keeps up.
What I didn't count in was the sudden increase in value that would result either from rapid demand, media exposure or speculation. I am making about 200 times more now than I estimated last summer because of the current price hike. Even if difficulty doubles now, it will still be profitable if price keeps rising.
Though, I wont mind if the price drops temporarily to $10, or even $1-$5. It will still be profitable for at least a year counting in electricity costs.
|
|
|
|
Can someone explain these...
Current server load (60 sec average): - how mant getWorks the server is sending per second. It is a total of all getWorks sent to all miners. Each solved getwork (your GPU found a nonce) is a share. Total score of current round: - it is a sum of how many getWorks were solved in this round (submitted shares), each multiplied by current scoring factor = exp(t/300). Where t is time in seconds. Shares contributed in current round: - a total of all sumbitted shares, without the scoring factor Approx. cluster performance (30 min average): - a combined pool speed of all workers together. To connect to json API and check your stats you need a token, which you take from here: http://mining.bitcoin.cz/accounts/token-manage/the link to this page is on top of your profile page. ok then what do i do with that token...what I would ike to see are MY STATS... If you use GUIminer then just copy that token, press 'refresh balance' then paste it. |
|
|
|
|
Will you support payment of unconfirmeds once you get the market running & have enough funds?
|
|
|
|
|
I suggest setting up a simple script based on thermal threshold. I've set it at 75c.
If it goes past that point the algorithm will decrease the clock frequency as far is needed to bring it back below 75. Usually this is in the 20-80mhz range.
The longevity of hardware should always be taken into consideration; I don't consider it a good practice to run a card constantly at over 90 celsius and a massive 30% overclock.
|
|
|
|
|
Show Posts
