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521  Other / CPU/GPU Bitcoin mining hardware / Re: 2 PSU's How to connect? on: November 15, 2012, 10:58:41 PM
When i connect 1 card compleatly to 2nd psu, windows cant see it. When i connect 2 cards partly to one and another psus, it is working, vents are spinning, but no power from second PSU is taken. Do i need to connect both PSUs 24 pin motherboard 2 wires to get it worked?

Well I don't think you read my last post but I will try to help again anyway. It sounds like your 2nd PSU is not connected at all, that is why the GPU does not show up in windows when it is connected (it is not being powered). You have not really provided any description your setup, nor pictures, leaving people in the dark so I will assume that it is simply configured wrong.

I would
A) Not suggest you run this setup
B) If you really want to, try something like this: http://www.frozencpu.com/products/5637/cpa-167/Lian_Li_Dual_Power_Supply_Adapter_Cable.html

It will "bridge" the PSUs to the MB. They will both receive the "On" signal when you power up, and I believe some of the 3.3V will be shared (not 100% on that).  At this point, hooking up GPUs should work. The reason I said A is that the PSU not connected to all the bells and whistles of the MB/HDs/Fans/etc. is likely to go out of ATX spec when a heavy (dual GPU?) 12V load is applied to it (such as running a mining card) with little to no 3.3/5V load on it (the cheaper the PSU the more likely this is to happen). This means that it will supply power in a way that is not recommended, and potentially damaging. But that's your call.

Hope this has helped.
522  Bitcoin / Mining / Re: The last month is among us.. on: November 15, 2012, 09:23:41 PM
carbon dioxide is not a waste, humans exhale it

what kind of a definition is that, dude?

fixed

yup, capitalist would be best as stateless

Unless your veins run filled with chlorophyll, I'm not sure that I understand how you are advocating for more carbon dioxide. Humans need something to breathe in, in order to exhale.

He's still correct in saying that calling it "waste" is incorrect. It's "waste" from the view of a fossil-fuel-burning power plant, for a plant, it's a "consumable" (there's probably a better word), it's part of a plants metabolism.

However by that definition: what is a "waste"?


I'm sorry, but no, he is not even one iota correct, except by the most abstract approach to viewing the world. One does not just get to play semantic equivocation with definitions for no reason. This is why I asked snidely if he was a plant. As a plant, CarbonDioxide is your fuel, and Oxygen is your waste product. However, unless some things have changed, most plants do not get on the internet and make stupid little posts about coal power and post pretty and inane pictures. We are humans, and we view things from an anthrocentric perspective, and that is how we define things.

Waste has a few common definitions, depending on what is being referred to. Metabollic waste (what humans exhale), Carbon Dioxide. Then there are Waste Products, which are the unusable/unwanted materials produced as the result of a process, such as Carbon Dioxide release from burning of coal. Before anyone jumps in asks me to "prove it, I want facts not opinons", again I tell you to google it. These are not controversial statements, they are generally accepted parts of the English language. Deal with it.

Furthermore, because humans breathe out CO2, and Plants metabolize it, does not mean that everything is fine and dandy, and we can dump as much CO2 into the air as we want, becuase, hey plants love that stuff! There is a finite amount of CO2 that can be put to use by plants at any given time, just as if a million cows were dumped on every block, it's not great because we get to have steak every night.

I'm shocked that people let such juvenile arguments go by unchecked and as though they have some merit. Especially intelligent people like yourself molecular, who I've seen post helpful/useful/smart posts, should be a buffer against the nonsense. Not to put too much pressure on you of course :p
523  Bitcoin / Mining speculation / Re: If you get your ASIC early would you Solo or Pool mine? on: November 15, 2012, 06:49:00 PM
I think Pool mining makes more sense the more hash power you have because you take out luck out of the equation. Example: if you have half of the hashing power of the network, you'll almost get half of the bitcoins generated if you mine using pools (minus the ones going to the "lucky solo miners"). If solo mining, and with a bad luck, you can get 0 bitcoins ... So, feeling lucky ... punk? Cheesy

That makes absolutely no sense

It does make sense. In a pool you are 'almost' guaranteed coins which is why people mine on them. With solo mining there is no guarantee, ever. its all luck. Granted, with half the network hashrate at your disposal your luck would be much better, but its still luck.

Tell me by what method it is you (and bobitza) believe that Pools grant coins to people? Even a PPS pool relies on finding blocks to fund the coins which they disperse to their users. The more hashing power you have, the less sense it makes to mine on a pool, as the point of a pool is solely to reduce variance (by the very property of increasing proportional hash rate!), at the cost of fees and sharing the rewards for blocks found with others in the pool.

If you had the hypothetical 50% of the network hashing power, not only does mining on a pool grant whatever pool you are on > 51% power, which is bad, but unless the pool already contributes significant (another appreciable chunk of total network hashing) power on top of your own, you are essentially still mining solo except that you are paying pool fees, and distributing part of the reward that you are almost guaranteed to be finding, to others for no appreciable reason.

I don't think people really understand mining sometimes.
524  Bitcoin / Mining / Re: The last month is among us.. on: November 15, 2012, 05:56:02 PM
carbon dioxide is not a waste, humans exhale it

what kind of a definition is that, dude?

fixed

yup, capitalist would be best as stateless

Unless your veins run filled with chlorophyll, I'm not sure that I understand how you are advocating for more carbon dioxide. Humans need something to breathe in, in order to exhale.
525  Bitcoin / Mining speculation / Re: If you get your ASIC early would you Solo or Pool mine? on: November 15, 2012, 05:43:22 PM
I think Pool mining makes more sense the more hash power you have because you take out luck out of the equation. Example: if you have half of the hashing power of the network, you'll almost get half of the bitcoins generated if you mine using pools (minus the ones going to the "lucky solo miners"). If solo mining, and with a bad luck, you can get 0 bitcoins ... So, feeling lucky ... punk? Cheesy

That makes absolutely no sense
526  Bitcoin / Mining speculation / Re: Price drives difficulty on: November 15, 2012, 11:02:06 AM
This is mildly silly. Price of course drives difficulty. What we mean when we say this is not to exclude other factors, but simply that it is what you can see and work with. It is the "variable" so to speak that you can plug in to a function and get a reasonable output.

"Profitability" is of course what people work with on an individual level (and it depends on the price of bitcoin!), but it varies drastically by locale, depending on cost of hardware, cost of electricity, cost of infrastructure, etc. Those factors will be mostly constant within their region, but vary as you look at different regions. How can I graph profitability when it varies by person?

What is the same for everyone? How much the value of a bitcoin is worth in fiat. You cannot determine or control profitability, so it is pointless to try to work that out (the bitcoinx charts only show you the value of the coinage received, not the fixed cost to produce them). So if costs are mostly constant/fixed then profitability will vary in proportion to the price of bitcoin. Hence all you need to look at is the price of bitcoin. A useful reduction.

So, based on their own personal calculations of profitability, people will act semi-rationally and in a predictable manner, therefore using past trends of their reactions to price changes, you can model their future reactions to hypothetical price scenarios. That is the point of graphing Price and difficulty. Make sense?

(This of course falls apart when the constants I mentioned change drastically, as in the case of ASICs, but then you will be able to graph anew when enough data comes out).
527  Bitcoin / Mining / Re: The last month is among us.. on: November 15, 2012, 10:35:46 AM
Good, coal is the dirtiest source of energy we have. To suggest that is the way we should go for our energy needs is to be frank, retarded.

Source? Link? I want facts, not opinions.

Source to what? That coal is a ludicrously dirty fuel source? About 1 second on google will yield more results than you can reasonably shake a stick at, but ok...


CDIAC Report -- http://cdiac.ornl.gov/trends/emis_mon/stateemis/emis_state.html (Brief summary:
Quote
These energy consumption data were multiplied by their respective carbon dioxide emission factors, which are called carbon content coefficients by the U.S. Environmental Protection Agency (EPA). These factors quantify the mass of oxidized carbon per unit of energy released from a fuel. In the U.S.A., they are typically expressed in units of teragrams of carbon (Tg-C = 1012 grams of carbon) per quadrillion British thermal units (quadrillion Btu = 1015 Btu, or "quad"), and are highest for coal and lowest for natural gas
More Info:
National Resource Defense Council http://www.nrdc.org/energy/coalnotclean.asp
Union of Concerned Scientists http://www.ucsusa.org/clean_energy/coalvswind/c02c.html emissions information (CO2, SO2, Smog contributants, Mercury, Arsenic, Cadmium)
Scientific American Article http://www.scientificamerican.com/article.cfm?id=coal-ash-is-more-radioactive-than-nuclear-waste Residents near coal plants are exposed to more radioactive emission than those by nuclear plants.
Peer review papers on health impacts of coal mining http://crmw.net/resources/health-impacts.php
MIT interdisciplinary study on future of coal http://web.mit.edu/coal/ Study finds coal impossible to use going forward to meet increasing energy demands due to dirty nature without CCS technology.
Whitepaper analyzing CCS http://www.netl.doe.gov/publications/proceedings/01/carbon_seq/p4.pdf (Highlight, energy losses of ~25%, plus other costs for sequestration makes this unattractive at best, though it does reduce emissions substantially).

etc.

In the future feel free to do your own googling. There is no bone of contention as to the effects of coal, so this is not a point that needs to be argued and sourced, and was mostly a waste of time.

What to be done in place of coal, that is the meat for a real discussion.
528  Other / Beginners & Help / Re: Easiest way to buy bitcoins with credit card. on: November 15, 2012, 06:04:21 AM
damn, can i witdraw from mt. box to paypal? or something similar from where i can send it to my visa card/bank acc

MtGox does not do paypal, but you can withdraw it to Dwolla, and then transfer to your Bank account, been a while but I believe that's still the standard method for USD withdrawal (international withdrawals can be done via Wire Transfer).

If you want faster than the Dwolla -> bank takes, there are numerous methods for converting bitcoins to PPUSD.

FastCash4Bitcoins.com,
BTC-E,
VirWoX,
Bitcoin Nordic,
Coin2Pal,   <--  New, so  may wish to contact first, or request to use an escrow.
and more.

 - http://en.bitcoin.it/wiki/Selling_bitcoins

Additionally, there are frequently individual traders on #bitcoin-otc who are willing to purchase your bitcoins with PayPal.  Using the history from the Web of Trust (WoT) helps to less the chances of seeing a chargeback later.

 - http://bitcoin-otc.com/
 - http://webchat.freenode.net/?channels=#bitcoin-otc-foyer
 - http://bitcoin-otc.com/viewratings.php



I think it's fair to mention the hefty fees attached to utilizing most of those services, especially if you are starting with MtGox USD (as it sounded like the question was suggesting). FastCash for example buys coins for ~96-97% of the going MtGox rate, then charges a 1% fee to transfer to PPal on top of that. VirWox requires BTC -> SLL -> USD with not the most favorable rates at either point, and then a withdrawal fee to paypal (2%? I don't remember offhand), BTC-E is I believe 5% for Paypal... etc.

Not saying you shouldn't tell someone about alternatives, just don't forget the big catch involved.
529  Economy / Economics / Re: What if USD collapses and they issue new currency. on: November 15, 2012, 05:21:33 AM
What if this kind of talk draws negative attention?

I like to think of BTC as a hobby, a hobby that generates USD.  You can't have one without the other; so to speak.  I think that BTC will never surpass USD nor will it become a viable electronic "currency".  It's just a fun project that pays you back. 

That being said, I've seen some stupid and dangerous stuff including bad BTC deals and hazardous rig set ups.  I'm going to try and keep my head above water with all the help I can get.

A couple of notes to this. If you think of bitcoin as nothing but something that generates USD, ask yourself this, how can it generate USD unless it has some value of its own? People are not usually in the habit of parting with wealth in exchange for nothing are they?

A second point is that the value of all currency is determiend to a greater or less extent by the faith/belief that resides in it. You believe that your USD will be redeemable for goods and services, hence you value it. If you don't believe on some level in bitcoin as having value, or actively disbelieve in it, you destroy its' value. Counter-productive.
530  Bitcoin / Mining / Re: I'm looking for partners for GPU mining I have free electricity on: November 15, 2012, 04:48:18 AM
Sounds good to me, I'm in the US.  I can't ship any GPUs, but I can start up a US based initiative.  I too essentially have free electricity.  About 20 AMPs at 120v.  So roughly 20,000 watts.  Enough to start up a small pool if need be.  I started a similar thread and got similar responses.  If you send me a PM, we can go from there.

Did you mean 200Amps?
531  Bitcoin / Mining speculation / Re: 21 Millions... on: November 15, 2012, 02:44:56 AM
The 21,000,000th bitcoin will never be reached.

It takes
4 years to go to 10,500,000
8 years to go to 10,500,000+5,250,000
12 years to go up to 10,500,000+5,250,000+2,625,000
16 years to go up to 10,500,000+5,250,000+2,625,000+1,312,500

etc...

I hope that this is just a joke referencing zeno's paradox

No it is not a joke.  Due to limited significant digits the subsidy will reach 0.00000000 BTC before 21M BTC is reached.

On the 33rd subsidy cut the subsidy will be exactly 0 (and will remain 0 for all future blocks) and  2,099,999,997,795,000 satoshis (20,999,999.97795 M BTC) will have been minted.  That is  2,205,000 satoshi's (~0.02 BTC) short of 21M BTC.   If the number of decimal places was increased more coins would be minted but still be short of 21M.

So it is more accurate to say "no more than 21 million BTC will be minted".

Satoshi could have avoided this by working backwards when designing the subsidy.  Design the last block reward and then double it working backwards to get the initial block reward (which would be a power of 2).  Then the sum of coins would be exact.  It doesn't really matter but it is one of those minor annoyances that just bug me.

Ah, thanks for that. I had been under the (mistaken) impression that it was infact calculated to mine out exactly 21M by the 22nd century and then once exhausted switch over to transaction fees. That does seem a bit inelegant.
532  Bitcoin / Mining speculation / Re: Next Difficulty??? on: November 15, 2012, 02:41:47 AM
Most likely different timestamps and different block-history. This question does not need to be asked after every difficulty change.
533  Bitcoin / Mining / Re: The last month is among us.. on: November 15, 2012, 02:36:11 AM
$0.09/kWh is ridiculous in my mind. Not sustainable at all. Higher prices coming your way sooner or later (even inflation-adjusted).

Why is it not sustainable.   Wholesale rates (i.e. price paid by utilities to independent power producers) in the US tend to be about $0.05 per kWh.  Throw in another $0.03 for transmission & distribution and a penny for taxes and profit.  $0.09 is perfectly sustainable for large coal plants, nuclear plants, or hydro.  

Now if you want to generate power with high cost natural gas, or renewables well that changes things but given the right energy source everyone can profit and no reason electricity needs to cost more than $0.10 (inflation adjusted of course).

The only reason power is so expensive in CA if they shutdown 3 nuclear plants early (and the state had to pay multi-billion dollar penalties to the utilities to do that which simply gets ammortized over the next decade or so in higher prices).  They prohibit building new power plants, and get most of their energy from out of state providers thus paying long haul transmission markup and premium prices.

coal not sustainable with Obama in that office

Good, coal is the dirtiest source of energy we have. To suggest that is the way we should go for our energy needs is to be frank, retarded.
534  Other / CPU/GPU Bitcoin mining hardware / Re: 2 PSU's How to connect? on: November 14, 2012, 04:20:24 PM
Define "connected"

Most modern day GPUs require PCI-E power connectors, if those are coming from the 2nd PSU, then it will draw from that PSU, if not, it won't. Not rocket science.

If you're trying to jury rig some crazy contraption of daisy-chained molex converters between both PSUs, that's not gonna cut it. The only cross connection you really want is the on/off jumper. Otherwise just plug things in directly and you're fine. I do not recommend mixing connectors between the two PSUs, though it's not necessarily a hard and fast rule that I know of.
535  Bitcoin / Mining speculation / Re: 21 Millions... on: November 14, 2012, 04:07:29 PM
The 21,000,000th bitcoin will never be reached.

It takes
4 years to go to 10,500,000
8 years to go to 10,500,000+5,250,000
12 years to go up to 10,500,000+5,250,000+2,625,000
16 years to go up to 10,500,000+5,250,000+2,625,000+1,312,500

etc...

I hope that this is just a joke referencing zeno's paradox
536  Bitcoin / Mining speculation / Re: If you get your ASIC early would you Solo or Pool mine? on: November 14, 2012, 04:06:35 PM
Solo mining may also be too risky and you may miss your window. Say you start solo mining the 1st week ASICs hit but are unlucky and do not find many/any blocks. Then more people start to get them and difficulty skyrockets. I guess it all depends if you want to take that risk or not, because on the other hand you may be lucky and hit the jackpot before difficulty skyrockets. I personally am sticking to pool mining with stratum because every time I go to Las Vegas I lose all my money  Grin

Also depends on how many ASICs you receive. 60Ghash is a lot of power, but still relatively weak compared to the network. If you picked up 1.5THash, then you're suddenly in a diff boat.
537  Bitcoin / Mining / Re: The last month is among us.. on: November 14, 2012, 01:05:40 PM
Buy gpus for half price
mine on solar power
? ? ? ? ?
profit

If you think solar power is free or cheap, think again: There's a reason why the german government subsidises solar power with something like €0.35/kwH. It might be a little better in places with a lot of sun, but I doubt you can produce for cheaper than what you pay (as a US-citizen) at the plug.

Also: running miners only when the sun shines is not making good use of hardware and still-low-difficulty.

I assure you: if it's not profitable to mine by buying elictricity, it is also not profitable to install photovoltaics for your miners.

location location location. This probably holds true for lots of places, Hydro cities, and what have you.

CA however is a prime counter example, with "Tiered" pricing on electricity, that rises to > $0.35USD / kWh quite quickly, and a reasonable amount of sunshine, it is quite a simple matter to break even or make hay while the sun shines so to speak on some PV investment. Off the top of my head I'm guessing even a battery system would still be cost competitive with CAs ridiculous power pricing.
538  Other / Beginners & Help / Re: Easiest way to buy bitcoins with credit card. on: November 14, 2012, 04:17:39 AM
damn, can i witdraw from mt. box to paypal? or something similar from where i can send it to my visa card/bank acc

MtGox does not do paypal, but you can withdraw it to Dwolla, and then transfer to your Bank account, been a while but I believe that's still the standard method for USD withdrawal (international withdrawals can be done via Wire Transfer).
539  Other / CPU/GPU Bitcoin mining hardware / Re: I miss GPU Mining on: November 13, 2012, 12:45:18 AM
I think I'll miss GPU mining less than I won't miss GPU mining Smiley

Days of being excited to get new hardware, set up new miner rigs and watching my GH go up and up will be missed.

Days of trying to keep 40 GPU's running on 9 machines, 8000 BTU Air Conditioner still barely keeping the room at 95 degrees F, $800-$900 electric bills, crazy noise & heat, and tripping over extension cords won't be missed.

I agree 100%, it was a wild and crazy ride, that I enjoyed a lot; but I literally barely slept for months, it was like a dry-sauna 24/7 in my room, I'm pretty sure I permanently damaged my hearing from having so many fans running full blast, and trying to convince the people I lived with that the Feds were (probably) not going to break down our door searching for a "Grow" house due to power bills that could only be explained as normal if we were a 10 bedroom mansion in antarctica was a bit exhausting.

Lots of good stories and memories though, so that's something.
540  Bitcoin / Mining / Re: DIfficulty for sha256's stagnant? on: November 13, 2012, 12:33:59 AM
OK, enough of sourceless statements.

For whoever is interested, here is a rather interesting 3D Bitcoin node world map [http://www.weusecoins.com/globe-bitcoin/].

I was just teasing but bitcoin has to be seen as a global currency not just a U.S. affair, because it is not.


In case this was a response to me at some level, I will need to mention that nodes are completely different from miners (though related via communication obviously), which is what was being referenced in this thread.

If you were not responding to me, then that is a fairly pretty picture, though I'm unsure of what line height represents. If it is traffic through the node, that's fairly interesting that middle america provides a supernode somewhere.

The use of Bitcoin as a global currency and the local sourcing of miners are unrelated, mining is in many ways it's own beast, helping to move the blockchain forward, authorizing transactions, and being rewarded for contributing, but basically invisible and separate from the commerce that would use the coins themselves.
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