Last quote I got was around $2.25 (maybe 2.40?  Less than $3) per operating hour.

$50 < "hundreds per day."
$3 x 24 hours < "hundreds per day."

Thanks!

I keep seeing people complain about "pool hoppers."

Someone please explain to me why this is bad.  PM if it's really bad.

I'm not that much into pool-politics and other woes, but I am considering releasing a doohickey that potentially does bad things (automatically hops).

As far as I can tell, I do get more bitcoins but I don't put in any more/less work.  It just allows me to participate in more smaller payouts on each pool rather than hoping a single pool maintains it's "luck."

Edit and PS - I'm not actually 12.  I posted that before I realized people may not get the reference.

Step 1) Ask your Mom, Dad, Uncle, Super Intendent or anyone older than you to explain what a circuit-breaker box is.
Step 2) Ask them, or Google, Ohm's law.  Or figure this very simple formula out for yourself: Watts / Volts = Amps
Step 3) If the power went out in your whole house and not just your bedroom, recognize that you just wasted time.
Step 4) Go outside and look at your power meter.  Record it's current reading.
Step 5) Wait 24 hours
Step 6) Go compare and make sure you aren't spinning the meter faster than a BlueRay disc.
Step 7) If you still have OCD, call the power company and ask if there was an outage in your area instead of asking a forum to speculate for you.  You could save a lot of time by skipping to this step.

Disclaimer - I'm not eligius staff, just a hobbyist.

I have been using eligius off and on with some testing stuff.  I still collect even if my miner is offline and I have contributed to the block.

You can use the stats page to see what the payout will be per-your-contribution.  For example, I was spinning 500MHs for a while, then turned the machines off.  In that time, I received 0.16 bitcoins from previous work on a block.  My current payout estimate is only 0.05 as a result of my average work on the current block.

Here's where you're a bit fuzzy on a few things:
- This was for residential/home computers.
- Apache was beating the pants off of IIS and it's stupid single-instance expenses.
- This literally has nothing to do with A) a machine someone isn't browsing from, B) any commercial machines.
- Firefox would've been adopted, anyway, the experience would've just sucked (oh, wait, that happened......)
- IE being "cool" wouldn't have swayed the adoption of Linux into Governmental and Scientific industries.
- Over 9,000 other parts of the big picture.

Back on topic -

OMG sky is falling double-spending I don't understand how this works my mining rig isn't profitable kilowatt per hour Captain Planet!

.... too late for many.

I don't think it costs hundreds to rent a GPU from Amazon per day, but OK....

A VPS, or virtual private server, is not a "metal" box.  It won't have a GPU as needed for mining, and if it did, you won't be able to access or monopolize it.  So there's the first problem - no GPU, no highspeed mining.

Here's some information on (ab)using Rackspace -

The cheapest cloud server is 0.015 per day to operate.  You can monopolize the CPU, but clients with higher RAM get higher priority.  For 0.015, you get 256M of RAM, Fedora/Arch/CentOS or Ubuntu and the lowest priority.  You also won't be able to compile much in 256M of RAM, but if you build the binaries off-site, they'll run without issue.

On the 4 core processor I was able to test this on, I could get approximately 8MHs.  An overtime average could definitely show a significantly lower rate, but that's what I got over a day.

At roughly $10 per month per server and using 12 servers, you could get close to ~100MHs for $120USD.

That would probably amount to possibly up-to $131 USD at the current exchange and complexity.  You would also most definitely want to be in a pool.  The solution is nearly instantly scalable - cloud servers come up in less than a minute and they support images.

.... so... you get $10 "free" dollars per month with no operational sway....

.... and provided Rackspace doesn't send you a "WTFBBQ are you doing?!  Stop!" letter.

.... but if you were really bored, you could most definitely get "pennies from heaven" with a short-term investment of a thousand machines and about a day or two of your own time.

And for this hours public service announcement....

This is completely wrong.  Your memory must be fuzzy.

Not only did it not have anything to do with Apple and Linux development, but it wasn't really a factor.  Deep integration of IE on Windows based systems has nothing to do with Redhat going out of business and the Linux kernel being forgotten.

There's a movie on Netflix you can watch for some actual interviews, opinions and facts.  I think it was called 'Revolution OS.'

There's a step-by-step walk-through with Ubuntu somewhere around here.
There's also the Bitcoin distro thingie that should get you closer with less work.

QRCode.

Simple commercial equipment that most people already have are capable of importing/exporting.  Nearly nonexistent chance of decay/corruption if printed reasonably big.

Wallets could be stored like real-world savings bonds and cashed in from a paper document.  Any transfers made while the wallet was inactive will still apply.

Yes, you did miss your point.

Unless I'm misunderstanding, your opinion is simply "eff the system as long as I get some cash out of it."

And for the record, you can't blindly say we're all "economic Darwinists."  I certainly do not rob little children, homeless people or the elderly for their cash or possessions and say "pwnt for lulz!  Darwin bishes!"

This is the most brilliant thing I've read in a long time!

Biological Darwinism?  Survival of the fittest organism?

You do realize that deepbit is dependent on the bitcoin network, right?  In other words, it can be considered a biological parasite or even a natural predator.

If you, as a supporter of that parasite or predator, kill the host organism..... you're equally dead.  There are no more shmoo to eat.  The entire ecosystem collapses into nothing.

Where's that guy I called naive?  He *has* to read this...

Pay no attention to that chart.

This is the real chart:

How do you fit so much naive into one little package?

Average miner: "OMG overclock nom nom pools variance is bad KW/h my pool is winning PROFIT!"

You can't fit, "consider the intentions of the project and ignore what you're reading from your fellows in your Modern Warfare clan" in there.

For the people that do understand.... the risk/reward of participation is something they're willing to accept.

Eventually....  the weekend warrior crowd will leave out of boredom (or when Diablo 3 comes out, I suspect) and the network will hopefully be more neutral.

I fixed it for you.

Anyone that needs to do a study case on bipolar behavior..... only needs to subscribe to these forums.

.... did you fix it?  I'm not sure if I should be waiting for you to post a new download link or try the old download link and hope it's the new version?

Unfortunately, no, you can't limit it to 0.5 threads. 

You can set a priority through task manager, but the CPU will still "max out."

It's unlikely you'll burn anything up.  I have no idea if you're running your computer out of a toaster oven or have it dangling from strings in a closet, so there's no way I can guarantee one way or another.  If it's an older, general use computer you may want to make sure all of the fans are clear and hit it with some Duster or compressed air to make sure you have good ventilation (you should do this, anyway, even if you only use the thing for Solitaire).

.... I'll just say it's unlikely.

You can dedicate a small amount of usage to transaction processing by setting the official client to generate with a proclimit.

Even if it's only 1MH (roughly on thread on an old Athlon X2), you're contributing 1MH to transaction processing.  Low-bandwidth and low usage web servers can easily share 1MH and you can nice it/set priority to not interfere with operation.

I hope future designs reward transaction processing and not just mining.  As you can see, the current design has lent itself to people only mining in pools and not really giving a damn about transactions.

A processor has X amount of cores (you can see this through device manager or /proc/cpuinfo in linux).  I think by default ufasoft will use all cores, so a lazy way to check how many cores you have is to just run ufasoft and look - it'll say something like "Using SSE2, 4 threads."

Most miners have a way to set a specific number of threads (for example, ufasoft's has a -t N option, where N is a number).

If you have a 4 core system then use -t 2 to utilize roughly 50% of the CPU for mining-only. -t 1 = 25%, -t 3 = 75%, etc.

I want to state that I never intended to imply or otherwise question Tycho personally or otherwise.

I am questioning the majority of miner's intent and commitment to the project.


Where do you happen to have 450GH "lying around" ?