I will setup cgminer and try again mine some coins for windows.
I don't think windows needs any coins. |
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Hello.
Im new in this... and I want to start mining Bitcoin or Altcoin.
What kind of computer shall I buy for mining fast and how much can it cost?
Thanks for your help in advance
Since your in the Bitcoin section and not the altcoin section, you can't mine Bitcoin with a computer. You'll need to buy an ASIC mining device which is purpose built for mining Bitcoin. Two companies manufacture them, Avalon and Bitmain. The consume allot of power and create allot of heat and noise. If that works for you, then, good luck. |
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Yeah I understand the block would become orphaned. But would the other nodes add it to their databases or reject it?
It would not be orphaned. Work for old blocks is no longer sent. Only work for the current block is sent. So hashes for past blocks would be rejected. |
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It is just a stupid question. Imagine if I start mining over an old block which already has many subsequent blocks, find a new block and submit to the network. Will they accept it and create a nonsense fork?
I know it is the longest chain that really matters, but would the network accept my block, creating the new fork or simply reject it?
Only work for the current block is sent out. If you submit a hash for a past block it will be rejected, probably as stale or not meeting current difficulty. |
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Hello Everyone!
So I'm gonna try here for a day or so to see how it works for me (a really little miner).
...snip...
Is it good only for big miners or little miners? What would you recommend?
You will not get the best results after a day. You need to read up on the PPLNS payout method. It takes a few days to ramp up PPLNS to the full reward value. After that period then you will get a good gauge on payout. Also this pool only pays out when a block is found. It is good for miners that are over the dust level which is around 600 - 700 GHs. An S7 is well above that level, so you should be good to go. |
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My Bitcoin client had the message last night saying unknown rules may be in effect again. Is that OK this time. I restarted it this morning and it isn't posting that message now.
I've been running 0.14.2 everywhere (with BIP91 and various modifications) and it's been saying it, so yeah don't worry about it. Thanks for the confirmation. |
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My Bitcoin client had the message last night saying unknown rules may be in effect again. Is that OK this time. I restarted it this morning and it isn't posting that message now.
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Your asking about an altcoin in the Bitcoin section. Post in the altcoin section.
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By the way, I've never understood why every in the USA calls my name and pool "KayNo" - it's not
Not everyone. It never occurred to me to pronounce as a Kay sound. I always assumed it was pronounces the same as Dr. Jigaro Kano. |
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the last 2 payouts report as "unconfirmed" in one wallet (Mycelium) and "Low fee" in the other (Electrum).
anyhow they are both not confirmed.
Blockchain.info reports as unconfirmed
Other explorers report as 70+ confs? For both transactions.
Any ideas whats going on here? Is it just Blockchain.info thats confused the wallets?
I have three like that. I just assumed it was due to the rise of BTC and the number of transactions that have grown due to the rise. Traders are trading like crazy at heights like this. I would like them to arrive at some point but eh, there is always an accelerator if no luck naturally  Did you read Kano's response? https://bitcointalk.org/index.php?topic=789369.msg20809940#msg20809940 |
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Is there still coins that are profitable to mine with a laptop with a normal energy cost?
Not Bitcoin. So you need to post in the Altcoin section. |
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Having problem moving BTC from one address.
Armory tells me there are too many transactions and doesn't allow.
I tried Electrum, but when I import the private key it appears to be processing forever and never finishes (waited once for over 4 hours).
Why doesn't anyone use the Standard Bitcoin Core? I've never heard of Bitcoin-QT limiting the amount of Bitcoin you could transfer, it seems it would make it difficult to buy something. I do believe your stuck with paying a high fee though. |
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So I have a Butterfly Labs Monarch 700GH miner on a sled, and I'm striking out on setting up the miner software. Right now I'm back to trying BFGMiner for Windows, and it looks like I may have a driver issue because BFGMiner isn't recognizing the miner in the USB port. I updated the original driver that Windows populated to the BitFORCE SHA 256 driver. Any thoughts on getting BFGMiner to recognize my ASIC spaceheater? Thanks!
BFG Miner and a Monarch use the FTDI serial driver. In my past experience you would need to use the hacked version of BFGMiner from BFL. Regular BFG Miner didn't work with my Monarchs. If your's has the older firmware in it then CGMiner will work, and better, but it uses the winusb driver. If you want to continue with mainline BFGMiner then post in the correct support thread. You will consume more electricity then you will make in Bitcoin. |
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No blocks yet!
680Khs?? What are you mining with? A 486? My old Core Duo got over 5Mhs. |
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Greetings,
Does anyone know a relative hash-rate value needed for GPUs to successfully mine Bitcoin or its alternatives these days?
Assume that the electricity price is relatively low - around 3-5 cents per kW.
You can't mine Bitcoin with GPU's. Those days were over in 2013. Current Bitcoin ASIC Mining hardware starts out 8 to 13 THs per machine. So that would probably be the minimum hash rate you would want to start with. Good Luck with your low electric price. |
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Buy yourself a radeon hd 5870 card for about $200. With 350mhash/s you'll get 1.3 BTC/24 hours. That's 39 BTC/month. It's about $273 with current rate of 7 USD/BTC. Not counting electricity bills. Most likely the BTC exchange rate will go up after difficulty increase, so you'll get even more than $73 profit in return.
I tried mining on a HD 7970. She did not bring the income of more than $ 2 a day. So I'm sure your results with the HD 5870 it's fantastic. Show a screenshot with such results. I'm sorry if some people will believe you and spend all the money. This thread is from over 6 YEARS ago, when GPU mining was a new thing. This thread has NO relevance to today's mining environment which requires an ASIC hardware miner. There was no reason the resurrect this REALLY OLD thread. |
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@os2sam exactly. if that can be done then even the GPU will mine a whole block.
And if that can be done solo it will be most profitable. But the question is how?
Picking the transactions you want has nothing to do with mining a block. The odds of a GPU, or a 5Ghs ASIC, finding a hash that meets or exceeds current difficulty is next to impossible. A block with NO transaction can be mined. But you still need significant hash power to mine a block. |
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