I don't feel depressed or have regrets(well maybe just a little) but I too missed the boat early on. I first heard about bitcoin when it was worth about 9 cents a piece. 4 years later, I'm struggling. Its like anything, you work off gut instinct. When I first heard of bitcoin, I thought only the nerds of IT would understand it and that it wouldn't go anywhere. I knew it was a great innovation just FAR too early for its time. Even now, Bitcoin came into light far too early.

Yeah that is essentially what I have to do. I can only save what btc I can afford to save to cover power costs.

How much power do you have? With my current config(hash, kw price, price of btc etc), the month of november/december were brilliant. Each day, got around .02 - .03 which was enough to offset the power cost. In one month I made around .5 - .6btc. This month alone, for the time I mined, I made less than .1. Just not worth it for me. Much more worth while to rent power with my btc and throw it around random pools.

With my power, I'm not getting a payout every day. The last time I mined here, we found a 2 blocks in 24hrs, I got .006.

I've been having a good feeling here. I've got a nice slice of the last 3 blocks here. I'll be redirecting all my rented hash power here.

I've got a widget on my phone which pulls the data from this pull down on intervals defined or by request. First time I've noticed a delay in the timer(block found earlier but still said 24+hrs without a block).

Just wish Slush's had its 5% hold on the network. It was much more consistent then. Dropping down to 2% now

If it cranks back up, I'll be back.

No need, the full client just finished now. Didn't take very long(about 10hrs all up). What was concerning is why it happened. Was scared I had to redownload the entire blockchain. That was painful.

I'm sorry mr slush but after a while being loyal to the pool, I have to pull out the last few days have been too expensive to run at the rate blocks were being found. I've put all my PSU's away to make sure I am not tempted. If I ever come back, it will be with rented hash power. I'll still be supporting bitcoin by trading etc but until I get my solar, or power costs are halved(CMON AUSTRALIA GIVE US NUCLEAR POWER!), I can't afford it.

Hey all,

So I had a motherboard failure yesterday. I swapped out my board and reconnected all my components. All drive letters are in tact, everything else works fine, my other currency wallets work fine but my bitcoin qt core blocks became corrupt.

Now my system is Reindexing Blocks on disk... Why did this happen? Nothing had changed. All my data is in tact, everything is still pointing to the right location and now I'm stuck at 2 years 5 weeks. I'm assuming this is just rearranging the blocks rather than actually downloading, I hope.

Any idea on how to prevent this in the future? If I backup the whole Bitcoin folder to an external hard drive, can I use that in the future as a backup? My wallets are all in tact.

Are there any other lighter wallets I can use where I don't have to have the whole blockchain on this system? My computer is volatile at the moment, this motherboard I'm using now could fail at any moment.

I know there would be lighter wallets but looking for something where I can just dump my wallet.dat file into and get cracking. I have my private keys dumped on hard copy.

It's becoming insane. Imagine, since bitcoin is taking off and the number of transactions increasing, how HUGE this is going to become in the future...

Does it ever come good? How long have you waited? Is your hard drive light showing activity? This happens to me every time I boot my system and I am confident its normal procedure of validating the blockchain. Keep in mind the blockchain is 20+gb....

This is 22kw/h, its quite possible to do it from home(depending if he has the infrastructure to do it) but its not likely. Where I work, only a very small office nearly residential size, we drink around 20 - 25kw/h on aircon, lighting, systems etc.

Unless of course he means 550kw/h... in which case it would be industrial.

Rather than finding your wallet.dat just click File > Backup wallet. Save it on USB's, other drives, cold PC's etc. What you can also do is an export dump of your privkeys and store those in a zip lock bag in a safe.

You don't need to reinstall.

Bitcoin QT is verifying your blockchain. Let it run, give it about 5 minutes before you try pull it up. IT IS working, check your HDD activity light.

From what I gather, he has Bitcoin QT to start when window starts. When Windows loads, and he tries to pull Bitcoin QT up, it won't come up as it is verifying the blocks. A way to confirm this is to ctrl alt delete and kill bitcoinqt and then restart it and you will see a splash screen saying verifying blocks... it will last a few minutes.

If you have a solid state, install your blockchain on that and it will load much faster.

That guy should stop posting, holy crap what a fool.

Congrats on finding a block mate! I've never found a BTC block but I've found about 10 peercoin blocks!

I don't mine as much as I used to now. I sometimes switch miners off for days. If I can get my self some more efficient miners and a good solar setup, I might get back into it with good speed.

$160USD to have a miner shipped down to Australia is a turn off.

I run 1.8kwh, 8 - 12hrs a day @ $0.21 per hr.

Hi all,

Part of an old system is no longer needed. This is for the mainboard and CPU only(no heatsink or RAM etc).

Located in Australia and can post world wide with tracking. I am 800+ feedback on eBay.

Asking 0.7 BTC and will include two sticks of DDR3 memory.

Available for viewing on eBay(only for aussie bidders though).

I'd be happy with half that setup. To run 3.2kw here would be a slaughter but damn 1.2th @ 600 is tasty.

Yes but could there be quantum systems which outperform an ASIC? If mining ended, all our ASIC's would be worth less than bricks. They would serve absolutely NO purpose. If someone could design something new which can hash at the speed of a good asic but still serve a useful purpose, that would be good.