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1921  Bitcoin / Mining support / Re: More than interesting behavior. Help needed please. on: February 26, 2014, 08:55:05 AM
Is the miner submitting shares?  I discovered a windows bug where if you have the same username on 2 machines on a LAN some pools won't count your shares.
1922  Bitcoin / Mining support / Re: Wireless/wired trouble with Rig on: February 26, 2014, 08:50:14 AM
Wireless Rig arent stable enough for a mining.


Pshaw, I've had 12 out of of my 30 rigs on wireless connections before and it really didn't change the stats too much, just a few more stales.  But I was able to space them further apart and keep them cooler.

To OP, sorry I've now well versed in Linux network diagnostics.
1923  Economy / Long-term offers / Re: Larger personal loan for long term needed w life insurance as collateral on: February 26, 2014, 08:28:47 AM
UTI do not cross over into the prostate.  You either have prostatitis or possible a renal calculi.  Prostatitis needs the correct antibiotics, renal stone may need lithotripsy to break them up or you may suffer renal failure.
1924  Economy / Long-term offers / Re: Hashkings Lending,Deposit 1.25% INSURED, ALL PPT ACCOUNTS CLOSING ON 8/19 on: February 26, 2014, 08:20:29 AM
It is somewhat humorous to watch all these lazy scammers run once the jig is up.

Now all the touting of "7% weekly returns" is all but silent.

 Cheesy
The biggest problem here was that no one convinced Hashking to put his soul up as collateral.

I'm sure the guy who was selling Voodoo curses could work something out to go after him  Shocked
1925  Bitcoin / Mining speculation / Re: Looking to get into the Mining Game this 2014? It is possible! A must read! on: February 26, 2014, 07:57:39 AM
Forgot another reason:
4) Solo mine your own coins which have no taint or history on them  Grin
1926  Bitcoin / Mining speculation / Re: Looking to get into the Mining Game this 2014? It is possible! A must read! on: February 26, 2014, 07:56:35 AM
No one is questioning whether mining with an ASIC is profitable.  Hell, my SC Single can still make me $ if I had them sitting in my house even though my power is $0.35/KWH.

The thing people debate is whether paying a company to purchase a miner and then mining using your own electricity will put you ahead of flat out buying the coins.  No miner currently available for pre-order seems to be able to recoup BTC opportunity cost.  With BTC prices down to sub $600 now it's pretty much a no-brainer that buying mining hardware does not make sense (unless you get a deal not available to the public).

Fully agree that BTC prices are so low now that it might be more profitable to buy BTC and wait for better prices, than mining yourself. I bought my Neptunes when prices were $800 - $1100, then prices were high enough to make it an easier choice than now.

Price speculation is a 100% different game than mining. In mining you dont care too much about BTC price (as long as range stays higher than $300) because BTC price and network difficulty somehow compensate each other. Buying BTC and holding depends only on BTC price. Mining depends on several factors, then it is more insulated to BTC price. If BTC price goes over $1000, there will be so many more PetaHashes mining that you will mine less BTC than if price would be $500 per BTC.
If you buy a miner now (Neptune costs right now about 20 BTC), and prices plummet to $100, that means that the plateau phase (survival profits) will arrive much faster. Buying a Neptune when BTC prices are $100, means to pay 100 BTC for 1 Neptune. Mission impossible to mine that many BTCs. Then nobody (not even corporations) will invest 100BTC to buy a Neptune that might mine only 40-80 BTC in its lifetime. Therefore the unavoidable plateau phase. But if at that time you are mining with a Neptune that cost you 20 BTC, you will have it working for long long time still, and still mine a lot more than the 20 BTC you paid for it.

I have tried buying/selling BTC a year ago (in MtGox and then in Bitstamp), but I only lost money. Then I dont advice or comment on whether it is good or bad to buy bitcoins. Current prices of $600 looks cheap, but what if you buy and those prices go to $300 (eg. as a result of Mt Gox going bankrupt and stealing their customers funds).
Because I have got profits by mining for many months straight, then I sometimes allow myself to advice people who are thinking about mining. So far, $500 BTC prices and current mining landscape points to a still profitable 2014 (barely profitable as I tried to explain in my first post), but still allowing to recover the investment. It might be more profitable to just buy the bitcoins and wait for a year. But that is a different game than mining which was my only scope in this post.

The only reasons to be mining BTC are:
1) you like mining and don't care about profit/loss
2) you want to help keep the network decentralized
3) you think you can earn more coins by purchasing a miner and running on cheap electricity than if you had just spent the miner money on an exchange and bought the coins directly.

1&2 are obvious to each individual person.  Point 3 is the one in big contention.  Numerous posts about it.  Death and Taxes with his huge calculation thread, Organofcorti with his projections, etc.  Most of the establish members agree buying a miner now doesn't make financial sense.  It may make you happy seeing 0.2BTC trickle in every day into your wallet, but if you spent 20BTC up front you're going to be waiting a long time to get that 20BTC back (because it most likely won't happen).
1927  Bitcoin / Mining speculation / Re: A recap of mining profits.... on: February 26, 2014, 07:47:12 AM
Nice, I obviously knew it was to do with difficulty, never seen it summarized here before though. Very useful page. Mental that less than two year ago that hash rate was about 24gh/s. LOL

It was less than 24TH/s.  It jumped between 13-20TH/s for 2 years during the GPU phase.  It has grown about 3 magnitudes (1000x since this time last year).
July 2010-July 2011 (switch from CPU to GPU mining) difficulty has grown 4 magnitudes (0.0001TH/s - 10TH/s)
http://bitcoin.sipa.be/speed-ever.png

He who shall not be named was the one doing all the GPU Mining in 2010 before everybody else and thereby making a pantload of coins.  Haven't seen him on the forums in a while.  GPU mining didn't really exploded until about March and then the price shot up to $32 when it became "popular".
1928  Bitcoin / Mining / Re: Internet Speed Requirements on: February 26, 2014, 07:42:35 AM
I ran 60 miners off a bridged wireless B connection for 1 month back in 2012 before stratum, bandwidth requirements are minimal, but low latency is helpful in preventing stales.
1929  Bitcoin / Mining / Re: Did the MysteryMiner (MM) keep his coins? on: February 26, 2014, 07:39:18 AM
ok, but: did they keep they coins? ;-)

Hell they're probably stealing more coins as we speak via trojans, keyloggers....
1930  Economy / Service Discussion / Re: Cheap electricity for mining Bitcoin on: February 26, 2014, 07:37:12 AM
Xeno, I would aim at attracting the southern hemisphere peeps first, prove your setup, and then expand accordingly.  If you have 100K of mining eq get stolen and you can't cover it with losses I'm sure your investors would find a way to collect it from you (ie steal your body parts).  Start small with a few localized clients and then expand if it goes well.
1931  Other / CPU/GPU Bitcoin mining hardware / Re: Faster shipping website for PCI-E Rinsers? on: February 25, 2014, 10:31:14 AM
Obviously you need to put the board in the dishwasher on it's own, not with your lasagna dish and cereal bowls.  You don't want a lump of beef or a Rice Krispie stuck in your PCI-E slots.

Be careful.  Put a fork in it and it's done.
1932  Bitcoin / Pools / Re: [5200 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: February 25, 2014, 09:42:20 AM
I'm running 560 Gh/s and only getting .04 BTC / day. Man, I miss a couple months ago. And people said I could run this miner for several more months. I doubt that.



Something is definitely wrong. You should be getting .09 btc/day with 560 gh/s.

.07 means definitely wrong? I don't get it.



75% luck or 0.75x0.09=0.0675, your image shows 0.74.  I've seen you complain about this well over 4 times in this thread.  I don't mean to ridicule you but you really need to spend some time reading about how basic statistics and read through the last 20 pages where E clearly explains the stats.

On those days we had 120% luck you would have made 1.2x(your expected rate).  If that is not the case simply look at your charts and confirm that your miner is indeed consistently putting out 560GH/s.  This is not difficult math (for that your can read organofcorti's posts and make your head itch).
1933  Bitcoin / Mining speculation / Re: A recap of mining profits.... on: February 25, 2014, 09:31:07 AM
Nice, I obviously knew it was to do with difficulty, never seen it summarized here before though. Very useful page. Mental that less than two year ago that hash rate was about 24gh/s. LOL

It was less than 24TH/s.  It jumped between 13-20TH/s for 2 years during the GPU phase.  It has grown about 3 magnitudes (1000x since this time last year).
1934  Other / CPU/GPU Bitcoin mining hardware / Re: Does anyone still have their Jalapenos plugged in? on: February 24, 2014, 08:25:37 AM
I sold mine just after Christmas. Made a tidy profit off them. Feel it was a good call on my part as at this point I'd feel like I was definitely screwing someone selling them a jalapeno but back then it was only 'maybe, probably screwing' so used that little moral loophole to get out. Got a 300 gh/s monarch on order though, so I should get that up and running sometime around the heat death of the universe.

A little optimistic on getting that Monarch aren't we? I'm not sure if 2 weeks comes before or after the end of time, gotta ask Mr. Hawkings...
1935  Economy / Computer hardware / Re: WTB your BFL 60GH/s ASIC 's original power pack/power supply in U.S. with Paypal on: February 24, 2014, 08:21:20 AM
You would be better off buying a 400W Power supply like a CX430 from Corsair and just doing the paperclip trick.  It will cost less, use less power, run quitter, be way more reliable and the best part is it probably won't burn you and your house down.
1936  Bitcoin / Mining speculation / Re: Looking to get into the Mining Game this 2014? It is possible! A must read! on: February 24, 2014, 08:04:09 AM
No one is questioning whether mining with an ASIC is profitable.  Hell, my SC Single can still make me $ if I had them sitting in my house even though my power is $0.35/KWH.

The thing people debate is whether paying a company to purchase a miner and then mining using your own electricity will put you ahead of flat out buying the coins.  No miner currently available for pre-order seems to be able to recoup BTC opportunity cost.  With BTC prices down to sub $600 now it's pretty much a no-brainer that buying mining hardware does not make sense (unless you get a deal not available to the public).
1937  Bitcoin / Mining / Re: is there any way to check that how much GHS your computer? on: February 24, 2014, 07:44:39 AM
i have dell optiplex gx620 with 2.2ghz processor

Your best best is probably using it to mine a CPU-friendly altcoin like Quark, Molecule, Atoms, Protoshares, etc...

As they are still relatively ok protocol to be mined on CPU only, it could be worth it. Also factor the power use in the equation as it could really offset the profit.



Eh no that machine can't mine anything really (I know I have several).  Those old P4 are space heaters even at idle, if you were to 100% load the CPU you would burn more electricity than if you mined with a 7850.

About all the machine is good for is controlling some ASICs (which is what I use mine for).
1938  Bitcoin / Mining support / Re: Rig doesn't automatically connect to internet on: February 22, 2014, 05:27:47 AM
The HDD doesn't matter as long as it's not dying (I'm using laptop HDDs on 6 of my rigs).  If it's shutting down you have a PSU issue or an unstable overclock most likely.  You need to solve that first.  The LEPA B700 should be more thna adequate.  Trying cutting you core and mem by 20% proportionally and see if the rig becomes stable.
1939  Bitcoin / Mining support / Re: GPU Temps (R9 270) on: February 22, 2014, 05:24:05 AM
There's people selling dummy plugs in the marketplace or you can make your own with 3 resistors as noted above.
1940  Bitcoin / Mining support / Re: My computer doesn't have opencl, but if I replaced the graphics card...? on: February 22, 2014, 05:18:21 AM
Be advised mining Bitcoin is futile with video cards.  You can mine altcoins and convert to Bitcoin if you wish or just keep the altcoins.  To do this you must also have a reliable internet connection (reliable, not fast) and also have at least 2GB of RAM (4GB suggested).  If you don't have these later items then you need to acquire them or adjust your plan.
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