Should I start getting into crypto-currencies? I am a complete noob when it comes to Bitcoin and Litecoin and all the others out there. Is it too late for someone to get into mining and trying to earn money from this? Any beginner advice would be greatly appreciated.
As a complete noob myself, I would say yes. To make money, probably not. I started mining to get a better understanding of how it works. There is a lot of good info on Reddit about it and around here. I opened a wallet at https://blockchain.info/wallet and starting using bitminter on this forum. I've been mining with my graphics card. I'm really getting nothing in return from mining, but at this point all I've sunk in is time, and I've learned a lot. Should you sink a lot of money right out of the gate? I would say no, get comfortable with it first, and go from there. Just my take on it. Cheers! |
|
|
|
I currently have x2 270's and x2 280s' and x1 290. Given that you can buy a 270 for ~200 that can do 450Kh/s and is 125 watt. I was thinking that we are better off with 2 450+Kh/s for $400 than 1 280 that does 750KH/s and pulls 250 watts. Anyone have any thoughts?
I'm confused, hopefully someone can help me. My Bitminter says I'm running at 8825 khps with a crappy old GT 420 graphics card. (nvidia) When I see a new card that runs at 750kh/s it looks to me like the crap one I'm running is faster. I know I'm definitely missing something here. What is it? Are you certain it's khp/s or just hp/s? If it is claiming that, your not really doing that. Bitminter will show the accepted share computation on the site. Honestly I don't know, it's saying khps. When I look at my worker, it's usually says 0.0 Ghps, sometimes it will go up to 0.1 Ghps. I've only been mining a few days and I'm just trying to learn how it works. When I look under shifts, it says 0.000004% with "Your work" at 30. I tried my gf's laptop to see, and she gets 11.97 mhps. So confused. I've seen this "fake" hash rate stuff before too.. but then I quickly realized that it wasn't really processing anything, just looked cool. I'm going to assume you don't have any real hardware and just are dabbling in bitcoin mining? That's correct. I'm just trying to learn how it works, try it, and go from there. I've been looking to upgrade my graphics card for ages and the thought of being able to mine with it is intriguing. I know that mining bitcoin with it is pretty much useless, but I've read mining litecoin may be an option. It's more of just something to do as a hobby at this point. Mostly, I just to want to understand it better. |
|
|
|
I currently have x2 270's and x2 280s' and x1 290. Given that you can buy a 270 for ~200 that can do 450Kh/s and is 125 watt. I was thinking that we are better off with 2 450+Kh/s for $400 than 1 280 that does 750KH/s and pulls 250 watts. Anyone have any thoughts?
I'm confused, hopefully someone can help me. My Bitminter says I'm running at 8825 khps with a crappy old GT 420 graphics card. (nvidia) When I see a new card that runs at 750kh/s it looks to me like the crap one I'm running is faster. I know I'm definitely missing something here. What is it? Are you certain it's khp/s or just hp/s? If it is claiming that, your not really doing that. Bitminter will show the accepted share computation on the site. Honestly I don't know, it's saying khps. When I look at my worker, it's usually says 0.0 Ghps, sometimes it will go up to 0.1 Ghps. I've only been mining a few days and I'm just trying to learn how it works. When I look under shifts, it says 0.000004% with "Your work" at 30. I tried my gf's laptop to see, and she gets 11.97 mhps. So confused. |
|
|
|
I currently have x2 270's and x2 280s' and x1 290. Given that you can buy a 270 for ~200 that can do 450Kh/s and is 125 watt. I was thinking that we are better off with 2 450+Kh/s for $400 than 1 280 that does 750KH/s and pulls 250 watts. Anyone have any thoughts?
I'm confused, hopefully someone can help me. My Bitminter says I'm running at 8825 khps with a crappy old GT 420 graphics card. (nvidia) When I see a new card that runs at 750kh/s it looks to me like the crap one I'm running is faster. I know I'm definitely missing something here. What is it? |
|
|
|
|
I sent you a PM
voted via facebook and twitter
Cheers!
Quick question as well.
My gf doesn't have an account here but she has a wallet and will vote as well with facebook and twiiter.
If I provide you her info, will you pay out to her as well?
|
|
|
|
|
I was unaware there was a free newbie lotto.
Please add me, and thank you.
12MUnP2WZgn51fJsDjXRKcSJSL8EwmiLb5
|
|
|
|
You are both doing ok, on the crediential error check your worker login on bitminter, make sure you have a worker setup.
Both of you, angelangel and IamCANADIAN013 your "picture" hosts has unwanted adware loading, do not use those sites to link info in forums.
I deleted the link to the pic. Sorry about that. That's weird. I've never heard of issues with Photobucket and adware and such. I figured out the credential error as well. Thanks for the response, much appreciated. |
|
|
|
|
Hi there,
I'm totally new to this and have been trying to mine for about a week. I know that I'm losing money and my computer/graphics card is a pos for this stuff, but I just want to know if it is actually working, and if I'm actually mining.
Here is a screen shot:
It does appear to be working, am I correct with that assumption?
|
|
|
|
|
Show Posts
