Allrighty, I'll be the guinea pig lol. 1 btc sent. I'll let everyone know if I get my windows 7 key or not.  |
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I would probably consider renting my hardware out. Unfortunately it probably won't be cost worthwhile for someone.
Basically it'll have to be more then what I can mine coins at. Especially if the price of coins keeps on rising. Would there be any scenario where I would be better of using my equipment to 'rent' then to mine? I wouldn't rent my GPUs for less then I can make mining. And if you're the person renting I assume you're in it to make some profit yourself. So unless your electricity is really high it'll be hard to make the math work.
Luckily I have free electric. Well, it's included in the usual quarterly maintenance fee which hasn't moved in years.
Main situation I can think of is that the price of bitcoins falls (or difficulty increases more than anticipated). OP will already have locked in a cost with you assuming the higher BTC price (or lower difficulty), so you in essence get paid at that price / difficulty instead of actuality. It's kind of like running a short position on BTC, in essence. He takes on the risk of bitcoin prices falling or difficulty increasing more than expected, but conversely reaps the benefits of bitcoin prices rising or difficulty increasing less than anticipated |
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Keep in mind it will be a lot harder to troubleshoot when 1 of your 10 miners goes down. It'll very hard to figure out which one.
I don't see a problem with keeping track of different miners. I have like 7 of them myself. Guiminer even has an autostart feature on it which will start all of them. The benefits of having one miner / GPU seem to me to greatly outweigh the drawbacks of longer setup.
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can you write to a congressperson, even if you are not a US citizen? will they listen?
They'll listen to a non-citizen just as well as they listen to a citizen. nice to know! maybe i will write to one, will heavily consider it. Before you take that time and effort, I think what he actually meant was that they don't listen to citizens, the same way they don't listen to non-citizens. |
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To be fair a better response would be that EVERYONE on bitcoin is working on the same block, and when it is found EVERYONE starts working on a new block.
Everyone starts on a new BLOCK, but not everyone starts on a new ROUND: Only the pool/person that found that block |
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So this might be a dumb question, but do all 3 servers start new rounds whenever a share is found in any one of them? Or is each server basically acting like its own pool, each having its own rounds?
I ask because that will affect average time for a round to finish. Obviously if all 3 are pooled togehter, you'll find blocks 3x faster, albeit with lower payouts.
Rewards are combined between the 3 pool servers. This is the exact same as running on a single large pool, I've just split it across multiple datacenters in order to provide members with the option to manually point to a closer server.
Awesome, ty !  |
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Play Starcraft 2. some more.
Oh wait, I'm doing that anyway haha. I'll probably join the flood of ebay sellers with any extra equipment I have.
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As an experiment, I have had my two computers, with exactly the same motherboards and same 3 video cards in each pointing at the two. BTCguild, even with it's problems the last three days, has returned more than deepbit. I would have thought it would be the other way around. Doesn't a larger pool mean larger returns?
In the last 24 hours, even though BTCguild was having display issues, the return was significantly better. Was I just lucky the last three days with that system.
PS, this is before fees or donations calculated in, so that isn't it.
Bolded portion: NO. Larger pools just reduce variance. Amount of bitcoins to you stays the same. Larger pools will find blocks faster, but you'll get paid less for each block found by the pool, enough that it evens out EXACTLY. Any short term variations should be just that: variations. Now, this is assuming stuff like pool hopping isn't happening... |
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So this might be a dumb question, but do all 3 servers start new rounds whenever a share is found in any one of them? Or is each server basically acting like its own pool, each having its own rounds?
I ask because that will affect average time for a round to finish. Obviously if all 3 are pooled togehter, you'll find blocks 3x faster, albeit with lower payouts.
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JackH is obviously a troll / scammer. Close this thread and move on plz.
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K, going to sign up. Willing to accept bids for using their referral link in btc.
PM me if interested.
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If it takes off, it will be because of the MUCH better UI and general more professional look of the site. It still astonishes me that mtgox has such a relatively crude UI and yet does transactions worth MILLIONS of USD.
That being said, MtGox has a ton of inertia on its side, inertia tha twill be hard to break. Marketplaces work on liquidity, and unfortunately, the more liquidity you have, the ever more liquidity you get. :/ Good luck, my friend. I'd love to use you instead of mtgox, but $2-3 bid ask spreads are kinda crazy.
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Assuming your 500W power supply is indeed supplying 500W, then you don't need to upgrade anything. You've got more than enough power right there.
in other words, get a 600W-700W power supply. wtf? no. He could get by with 300W if he really wanted to. |
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No, I'm gonna go with the opions questions I asked earlier. You go and do maths now. Thanks. Oh okay then. When bitcoin is worth $0, then mining is unprofitable. Ta da. I did your work *for* you. |
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Well congrats on getting the mobo CPU compatability right now. Even though the mobo specs say it has 4 PCI 2.0 connections, lookinag at the actual board, I think you're only going to be able to put 3, especially 5830s which I believe are dual slot cards. Just a heads up (there are very few, if any boards, that can handle 4 without needing spacers). The rest looks good? A little expensive, but good. I have to ask, have you run thorugh profitability calculations with this rig? I think you're going to take a verrrrrry long time to break even with the upcoming difficulty increases. :/ |
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Links to products would be nice. It's kind of annoying to have to go to newwegg, come back here, copy, then paste everything back into the newegg browser to find specs.
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A) You cannot put an AMD CPU with an Intel socket. Moreover, that mobo is socket 1155, so the cheapest CPU you could get with that would be the i3-1200. $99 from Microcenter, or $125 from newegg.
B) That motherboard only has 2 PCI 2.0x16 slots, so you could only have 4 GPUs in there unless you buy some adaptors
C) A 750W power supply is nowhere near enough for 4 GPUs. Maybe 2.
you don't need pci-e x16 slots for mining. x1 is good enough and 750 should be enough for at least 2 GPUs, and probably 3. I was assuming that his properly stocked garage included a dremel and a soldering iron... add in a pizza box and some duct tape, and you can make anything fit!
not sure if serious Regarding bolded portion: that's why I said unless he has adaptors. I don't know how he plans on actually interfacing the board otherwise without a x1 adaptor. According to the Antec Power supply calculator ( http://www.antec.outervision.com/), 3 5870s will definitely require a beefier supply, much less 4. |
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Assuming your 500W power supply is indeed supplying 500W, then you don't need to upgrade anything. You've got more than enough power right there.
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What errors are you seeing in the "console" view of GUIminer. We need those error messages to tell you why you can't connect. Could be as simple as you not inputting the right usernames and passwords, or could be that you don't have interwebz, or could be that your firewall/antivirus is preventing GUIminer from running. We need more info.
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Nope, sorry, it all depends on card availability, your money and the amount of tweaking that you're willing to spend on the card. I personally like 5870s Ok thanks for the help I really appreciate it. I'll keep digging on the cards to decide what I want to do. I have noticed that most people seem to lean toward the 5xxx series instead of the 6xxx. Is this just a price advantage thing in your opinion? Being that the 5xxx is older and should be cheaper? No, it's because the 5 series cards perform bette rthan their 6 series counterparts. For instance, the 5850 outperforms the 6850 and is only outperformed by the 6950, though not by much. |
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