LTC donation address - LKQ9ZKKBNHYcPjSkSK2GnkbYb7PeFgnSj7 BTC donation address - 1JooT9sKj3YG2k8i6MrH5DTo72g8rF7gKb NMC donation address - NCvUBqH8bPGwybfWHWycF8dYiLYb8gg3VN On the case the project not getting developed all donations will go to projects on http://litebit.co/I have received some interest on the RaspberryPi forums - http://www.raspberrypi.org/forum/projects-and-collaboration-general/raspberrypi-litecoin-cpu-and-gpu-miner-bounty#p62032" I'll put it another way: The ONLY people that can write code that runs on the GPU is the manufacturer (Broadcom). The manufacturer provides users info so we can make OpenGL API calls. We, the users, don't get to write any code that runs on the GPU. All we can do is send requests to draw stuff. We can try and fake some elements of parallel processing but there are inherent limitations that don't make it worthwhile. I think your colleagues assement on your linked thread of Bitcointalk of this thread: http://www.raspberrypi.org/for…..n-the-r-pi pretty much sums up the situation – when you re-read it, bear in mind that JamesH is a Broadcom employee and therefore really knows his stuff about such things. However, if there is going to be some money offered for anything, I'll start pledging for porting the X display driver to OpenGL ES for the RaspberryPi." So get the donations coming ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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We can issue up to another 375 shares at 0.4BTC and keep the dividend at 0.004BTC although I will be keeping 5% of any concurrent share issues as payment for being CEO and running the company. So that would mean 618 shares at 0.4BTC raising 247.2BTC for purchase of board #3. So a new 375 shares would take us to 2275 shares 2.4GH/s@125W leaving a new weekly dividend per share of 0.004BTC increase of over 30% from the current expected dividend of 0.00333BTC per share per week.
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so once the 60 shares are sold, then total 1900 has been sold ?
No 262 PLUS 60 are remaining after those 60 sold we have enough to complete the payment of board #2 which should be ready to ship in the next three to four weeks and with a bit of luck board #1 will ship on Monday meaning the first weekly dividend could be paid a week on Friday. I increased the ask of the remaining 262 shares as they will be moving us on to board #3 which would enable a dividend payment of over 0.004btc to be able to paid if we issue another 315 shares and selling shares @0.3BTC for a 0.0045BTC weekly dividend means we would be ripping ourself off. The current price of 0.3BTC for a weekly dividend of 0.00333BTC is still one of the best if not the best offer on the GLBSE(EDIT: of any mining company). Although the boards are going to need there own PC and PSU soon but I've seen 600W PSU for around £20 and a RaspberryPi should cost us around £30 maybe we should issue enough new shares to pay for that maybe 365 but the weekly dividend per share should still stay over 0.004BTC with 2265 shares on 2.4GH/s@125W.
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We have only 60 shares left in the IPO @0.3BTC then we have about two-hundred left at 0.4BTC but the shares @0.4BTC are moving us on to board #3 which we will have to issue another 315 shares @0.4BTC but this will take us from the predicted dividend of two boards over 1900 shares creating a weekly dividend per share of ~0.3BTC to over 0.4BTC a week per share 2.4GH/s@120W@2215shares. I think issuing another 315 shares at 0.4BTC each to take the weekly dividend per share to over 0.4BTC and a increase of over 33% in dividen profits is very good idea I will put forwarded the motion once the final 60 shares at 0.3BTC each are sold.
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Yes maybe or nearly within the next eighteen months either that or there stay below $6 until the new year ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I guess if anyone really knew they'd be rich.. Yes bitcoin is still too new and uncertain for major investment but if it can stay above $4 for the next 24 months I can see more people investing in it although if BTC doesn't reach $9 by January you can see a lot of miners packing up and the chance of bitcoin becoming more centralised very likely ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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Yes maybe or nearly within the next eighteen months either that or there stay below $6 until the new year ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Edit: I can see $7 maybe $9 definitely by January
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LTC donation address - LKQ9ZKKBNHYcPjSkSK2GnkbYb7PeFgnSj7 BTC donation address - 1JooT9sKj3YG2k8i6MrH5DTo72g8rF7gKb NMC donation address - NCvUBqH8bPGwybfWHWycF8dYiLYb8gg3VN On the case the project not getting developed all donations will go to projects on http://litebit.co/
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The Raspberry Pi has pretty much the same CPU as my iPhone 3G, only running at a higher clock speed. On that CPU, the current version of cpuminer can do about 100 hashes/second at 412 MHz, so on the 700-MHz processor of the Pi (assuming everything else constant, which is almost certainly not the case) it should do less than 200 h/s. Of course this is using a C implementation of scrypt, but even if someone wrote optimized code for the ARM I doubt it would be possible to reach 1 kh/s. As regards the GPU, it doesn't support OpenCL. It does support OpenGL ES, but that's not a viable option for GPGPU computing. ( source) Thanks I've also realised the Broadcom GPU doesn't have a "Cuda" or a "Catalyst" so would need Broadcoms help. Anyway I've posted the idea in the RaspberryPi forum to see what developers interested in the board think. The only positive thing I read from that link was - "its a complete implementation of OGL ES2.0, so does support shaders. What you do with them is up to you!"
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Easter is all about Mithra and pagan spring fertility rituals. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Easter date changes due to the Passover as that is worked from the lunar calendar.
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Shipping will take three to five days and I would like to pay dividends on a Friday so not sure on whether to issue the first dividend on the first Friday after a full 24/7 of mining or do a smaller dividend on the first Friday after delivery of the board. Looks like we are going to be mining on MtRed pool until we get our GPUmax pool invite so all mining stat's for RSM will be available from a browser or Droid App we will also be setting up a donate'r worker if anyone wants to donate any hashing.
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What is this "full warranty" and how long is it Thanks ! The supplier said twelve month minimum but also said he was considering two years but hasn't confirmed that with me yet tho I get the feeling its going to be two years. The supplier has also now asked me not to talk about the board publicly anymore until he goes public but I think that will be Monday.
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It's very likely board #1 will ship this Monday as the supplier has all the parts he's just assembling the boards and testing them (we have full warranty). Board #2 is almost completely paid for and guaranteed to ship within three to four weeks. After board #2 has been delivered and all shares issued I'm predicting the dividend to be 0.00333BTC per share each week at current difficulty and exchange rates. After the IPO is over and if the motion goes in favour of issuing more shares then they may be offered at 0.4BTC each as the new dividend after the extra shares are issued would be ~0.45BTC per share each week plus it would give early investors the opportunity to cash out at a profit on their early share purchases. If we do issue more shares me acting as the CEO will keep 5% of them but more shares will only be issued on the basis of raising the dividend significantly. I only awarded my self 50 shares of the original 1900 shares as the CEO salary and I don't have lots of money to invest that's why I made the company public on the GLBSE to raise the funds but feel I should be paid a salary for being CEO and running the company. Also once we are operating at 2.4GH/s(@125W) and greater RSM will be keeping 2% of all profits or 1BTC a month whichever is greater to buy back the shares in RSM to increase the company's value.
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I'm planning on getting a RaspberryPi to do the same thing they only cost £30 and run on less than 4W.
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Hey, in the UK its expensive for electric. It costs 16 pence (25 Cents) per 1kw hour. Is there any hardware I can buy that will earn more than the cost of electric?
Thanks!
I went with Utilita pre-payment pay-as-you-go and Trier two electricity costs are £0.11186kWh and yes Spartan6 FPGA boards are you best bet as 400MH/s worth of them will make you about 1.75BTC a week at current difficulty for less than £0.40 of electric.
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Is there any cheaper alternatives to the Butterfly Labs Single? I am looking to buy a low power unit.
For the same hash rate but lower power draw you will pay more but some of the boards offer two years warranty while BFLs is only six months and a BFL-Single would take eight months to pay for its self and have a very long waiting time. The other boards with two years warranty you guaranteed profit within your warranty at current difficulty and exchange rates.
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You can use a UK banks Internet banking to deposit at Intersango within a hour and withdrawals are pretty fast too usually within 24hrs.
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How do you install this from source on Ubuntu ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Got to this. Any help ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) ~/Documents/reaper/build$ cmake reaper CMake Error: The following variables are used in this project, but they are set to NOTFOUND. Please set them or make sure they are set and tested correctly in the CMake files: OPENCL_INCLUDE_DIR (ADVANCED) used as include directory in directory /home/matt/Documents/reaper/build/reaper -- Configuring incomplete, errors occurred! I think that means you don't have the AMD APP SDK installed. Get it here: http://developer.amd.com/sdks/amdappsdk/pages/default.aspxI was going to use a Nvidia 8500GT which only has Cuda compute compatibility 1.1 will it work?
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ill chip in 200 ltc if you give me an addr
Before I can take donations we need more interest of a bounty of at least £100 and potential developers who can program its GPU (not easy I think and a £100 bounty may seem pity-full?). The LTC CPU miner can probably be recompiled (we just need it optimising for the ARM instruction set) and maybe the "Reaper" program can be adjusted for its GPU and DSP? I think all this will be eventually done anyway as the RaspberryPi is a development board I was just thinking a nice bounty might speed up the development. As the RaspberryPi only cost £30 and runs on less than 4W so a dedicated optimised easy to use dedicated mining software for the board may see a lot of interest from hobby miners wanting to get a board or two.
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