Your information is a bit outdated. With the difficulty change that hit a few days ago, Bitcoin/day are nearly halved. At the moment, my 850MHash/s running for a day is ~.62 bitcoin.
You also didn't take in consideration for hardware costs, which is quite a sum. Even though the numbers look really nice, they're rather misleading, especially when they don't take the difficulty increases over time in consideration.
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Threads like these make me feel good about my ~850MH/s between a 5850 & 2x5830.
Good thing my 2x5830 rig is 100% paid off, and I'm not hurting as bad as some with the difficulty change.
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How to make immediate profit from bitcoin: buy up all 5830 and sell them $40 overpriced on ebay.
Genius.
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So who's to blame here, we need to find a target to point fingers at.
It was clearly Mtgox's fault.
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If you really solved three blocks in 16 days, then your the luckiest solo miner around.
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A symptom of MySql & PHP, or a drunken rage?!?
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Energy is cheap and until it's no longer cheap there's not a lot of motivation to change. I think you just summed up the whole problem with renewable energy right there. It doesn't matter how efficient we can make solar/wind/hydro/anyrenewable as long as fossil fuels are cheaper. I'm just wondering when renewable will be cheaper, so we can finally realize how idiotic the fossil fuels are, like lead paint, Radium Revigators, and asbestos.
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500W is recommended for a single high-end graphics card. Putting two in a 500W and running 24/7 @ 100% = imminent failure.
On a unrelated side note, I learned the difference between immanent and imminent just now.
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Anyone use this site? I make transactions on many different PCs + my phone so this looks promising. The custom URL looks cool too. Just dunno if the site's legit.
If you judge websites by how "cool" the "custom URL" is, you probably shouldn't internets.
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I'm trying to resell Steam games purchased as gifts. I noticed a few other threads where unused keys for games that could be activated on steam were being sold, and this seemed like a more straightforward way to go about it.
This could be quite good if you offered to buy games for countries like Australia who like to censor the hell out of games. I'm not sure if gifts transfer to the actual game, but you could maybe offer single accounts with single non-censored games for BTC.
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I was surprised I wasn't on that list. I had a rather weakish (I thought at least) 14 length password with a few capitals and numbers in it.
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Mining contracts just don't seem rational for the person buying the hashing power. If you want to invest in bitcoin, why not buy them directly instead of get into a multiple month contract that cost more than you'll mine (especially with difficulty rises)? Why not invest in the hardware, so if you want to pull out, you at least have that to sell?
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Can't believe this hasn't been locked yet.
I guess this thread does follow the premise of the forum being off topic.
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Now the trick is to get people to care about this over American Idol.
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On Windows: %APPDATA%\Bitcoin\wallet.dat
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Can't program without some Hilary Duff! Mostly I listen to rock or metal while programming though. Erm, not "screamy" metal, more like At Vance, HammerFall, Kamelot, or even Within Temptation. Oh, and Mandy Moore - Only Hope, one of my favorites. Soft piano helps :-)
Reminds me that Edguy and Lordi are great programming band when you want to push out a lot of code (quality may vary )
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It usually doesn't go down, but only up. Did a bunch of the miners decide to give up because the BTC price has stabilized? Or do the miners think the price will drop soon? Sorry, that was me. I had to take my farm offline to try to run Crysis. I bet you didn't get it on highest settings. Maybe a few more rigs with 4x6990 might do the trick.
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That's only like a ~4% increase, not that big compared to the one we just had.
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There's no way you're running around 400Mh/s and getting 190 shares in per hour. My 5850 gets ~250 shares/hour at ~300Mh/s
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Income dropped to under 10 bitcoins per day for the first time on my farm but it still far exceeds the price of electricity. Don't see a reason to stop until about 6-8M difficulty.
When income is less than a bitcoin per day at current prices then I'd say it's not worth it.
But if you run a small cluster then yes, there is no sense in selling at current prices unless you really need the USD. The obvious thing to do is to wait for a bump to $20-$30+.
Damn, you must have a nice little farm set up. My main concern is that the people buying bitcoin don't value them in the same way as we, the miners, do. To a daytrader, it doesn't matter what the difficulty is as long as they can sell high and buy low.
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