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5041  Bitcoin / Mining / Re: Intel Graphics Card? on: April 17, 2011, 03:49:58 PM
the new intel igp does support openCL just like nvidia and amd cards do please post your hash rates Smiley
This card is in no way new. It's perhaps 4 years old?
4 years old?
good luck. you're probably gonna get 5 MH/s, max
5042  Bitcoin / Mining / Re: Mining is usefull ? on: April 17, 2011, 03:49:02 PM
Just a newbie question. This "mining" process is just waste of electricity to extract codes or are we realling solving mathematical CPU intensive processes like finding prime numbers or scanning SETI data for intelligent radio signal or something like that?

actually, the mining process is the act of using the hashing power of the entire network to crack the private keys of everyone who holds Bitcoin - in descending order of the magnitude of their holdings.

well... didn't you ever wonder about that?
wrong
mining is supposed to give an incentive NOT to use hashing power to crack keys.
5043  Bitcoin / Mining / Re: Proportional vs. pay-per-share on: April 16, 2011, 08:19:16 PM
i think i somewhere read that if i have a very slow miner pps would be better is this true?

i cant remember where i read it so i cant re-read the source
From a statistical point of view, there are no miners suited to either method. The deciding factor is how much risk you're willing to take. For example, if you were CPU mining with proportional, and your pool found a block quicker than usual, you would have made much more money. But it could go the other way around, the pool takes longer than usual, you would lose money.

By using pay-per-share, you're essentially selling your work at a fixed price, so your payout is the same, and there is no risk for you. However, since the risk is transferred from you to the pool owner, he will want some compensation for accepting those risks, hence the high fee.

It's all risk vs. reward. Smiley
5044  Bitcoin / Mining / Re: Proportional vs. pay-per-share on: April 16, 2011, 04:18:17 PM
pay-per-share: high fees 10%+, but income is fixed (no variation)
proportional: much lower fees, but income varies. over time, the variations will balance out.
5045  Bitcoin / Bitcoin Discussion / Re: Old Photo of Mt. Gox on: April 16, 2011, 01:58:03 AM
that's weird, i don't see any pictures Sad
5046  Other / Obsolete (selling) / Re: Crysis 2 on: April 16, 2011, 01:53:20 AM
any buyers?
5047  Bitcoin / Bitcoin Discussion / Re: Odd pattern in BitcoinMonitor on: April 15, 2011, 02:17:37 AM
yay, my prediction was right!
5048  Bitcoin / Mining / Re: Profitability of Mining + Excel Workbook on: April 12, 2011, 11:54:53 PM
you should use cell references instead of hard-coding them into the cell.
5049  Economy / Marketplace / Re: Lending Pool Auction Experiment on: April 12, 2011, 11:53:29 PM
I put $50 cash in the mail yesterday using the Bitcoin4Cash service. I just read today though that it took someone two weeks to receive their bitcoins though(which is why I'm asking for a loan, I kind of was looking forward to bitcoins this week). So I'm thinking two weeks tops. If it takes any longer than that I'll repay 60BTC(I mine about ~1BTC a day on bitcoinpool). I'm listed in the honest trader's thread and I've repaid a loan here before(the topic is still on the front page so you can check it) exactly how I specified I would.
i'll fund 25.5 BTC (50%) of that loan, which means i'll get 28 BTC (up to 30 BTC) in return. is that okay?
5050  Economy / Marketplace / Re: Lending Pool Auction Experiment on: April 12, 2011, 11:05:21 PM
I wish to borrow 51BTC and will return up to 56BTC(up to 60BTC if my Bitcoin4Cash transaction takes longer than expected) in repayment.
Funds should be sent to address: 1GG1x1Cxb5cDXZopupg87LKATFQzLgnGnf

I have been loaned BTCs here before and repaid in a timely fashion. And I am listed in the honest traders thread.

Here is my quote from my separate topic(before I seen this topic):

Looking for a 51BTC loan. I just put $50 in the mail yesterday using Bitcoin4Cash service. But I just read in the honest trader's thread(which I'm listed in Smiley) that it can take up to a couple weeks(not sure why it would take that long, but there you go) to receive your bitcoins, which kinda sucks because I was hoping to do some shopping this week.

I'll repay as soon as I receive my BTCs from Bitcoin4cash(which I guess could take up to a couple weeks). I also mine ~1BTC a day and if for some reason something goes wrong with Bitcoin4Cash(which I'm sure it won't since it is my understanding the person who runs it is one of the most trusted people on this forum) I'll repay 60BTC instead for the added delay of repayment.

I'm pretty active on the forums so you can always get a hold of me here, or if you do loan me the BTCs and it would make you more comfortable you can request my IM, e-mail, etc in a PM and I will provide you with them. Bitcoin address in sig.


how long would it take for you to repay the loan?
5051  Bitcoin / Bitcoin Technical Support / Re: GPU mining newbie questions on: April 11, 2011, 02:04:22 AM
I'm trying to confirm that my setup is working before I leave it unattended to mine for months.  There's a few basic things which would confirm this, though they were missing in the docs.  I'll add them to the wiki once confirmed.


Does RPC Miner show when it's received a new block to hash?  ie: Does it display a "New Target" message in the command prompt window like it does when it first starts.  How do I know it's actually getting new work?

In solo mode, if the official Bitcoin client is open but not "Generating Coins" (to avoid using the CPU), will RPC Miner be mining, getting new blocks, etc?


Thanks again.
it gets work from the local bitcoin client on a regular interval (less than a minute), and yes, even if bitcoin isn't set to "generate coins" your gpu miner will still be mining.

Keep in mind, you're not gonna get a block anytime soon, because the difficulty is so high. use this tool http://www.alloscomp.com/bitcoin/calculator.php to find how long it will take for you to generate a block. if it's too high you're probably better off joining a pool.
5052  Economy / Marketplace / Re: Bitcoin Mining Rig for sale on: April 10, 2011, 10:34:54 PM
you should use linux instead of windows, should cut your cost by $100
5053  Bitcoin / Mining / Re: Searching co-investors for mining cluster on: April 10, 2011, 09:22:45 PM
indeed. $10 a month sounds reasonable, but $10 a day is super expensive.

electricity costs (where i live) $0.10 /KW/h. so * 24 = $2.4 per day.
it's not necessary to have high speed internet, so a cheap DSL line (@$30 a month, $1 per day) will do. you can probably have multiple machines running on the same line, because bitcoin mining isn't bandwidth intensive, so it's probably less than $1 a day. that leaves ~$6 per day for managing the servers, which is pretty expensive considering setting up mining rigs isn't very hard.

What if there are 5 rigs... that would be 12$ per day
at the time of posting, my interpretation was $10 per person, per day, liquidminer later clarified that it was the TOTAL cost.
5054  Other / Obsolete (selling) / Re: Crysis 2 on: April 10, 2011, 02:58:35 PM
bump?
5055  Economy / Digital goods / Re: xf2.org Dedicated server hosting, for bitcoins on: April 10, 2011, 03:26:50 AM
why did you repost this under a new account?
5056  Economy / Marketplace / Re: New Service: SMS Dragon - Inbound SMS Phone Number on: April 10, 2011, 03:25:06 AM
do you have a unique phone number for each user? or is it all shared?
5057  Bitcoin / Mining / Re: Searching co-investors for mining cluster on: April 09, 2011, 05:30:35 PM

I will take 10 BTC per day in fees for power and internet connection.

i stopped reading there.

does seem a mite high
can anyone spell SCAM
indeed. $10 a month sounds reasonable, but $10 a day is super expensive.

electricity costs (where i live) $0.10 /KW/h. so * 24 = $2.4 per day.
it's not necessary to have high speed internet, so a cheap DSL line (@$30 a month, $1 per day) will do. you can probably have multiple machines running on the same line, because bitcoin mining isn't bandwidth intensive, so it's probably less than $1 a day. that leaves ~$6 per day for managing the servers, which is pretty expensive considering setting up mining rigs isn't very hard.
5058  Bitcoin / Mining / Re: Searching co-investors for mining cluster on: April 09, 2011, 05:19:39 PM

I will take 10 BTC per day in fees for power and internet connection.

i stopped reading there.
5059  Bitcoin / Bitcoin Discussion / Re: How many connections are you seeing on your Bitcoin client? on: April 09, 2011, 04:28:27 PM
Anyone else notice more connections on their linux boxes than their microsoft ones?
higher tcp connection limit, perhaps?
5060  Economy / Marketplace / Re: [OPPORTUNITY] Invest in a working mining operation on: April 09, 2011, 12:51:02 AM
payment via paypal?
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