I don't know how long this will take me before I get my first 50BTC,as I've used the mining calcs (both 50% and 95%) but i can't understand the resuts so if ny1 has more experience with this,can u plz tell me inhours,days,e.t.c when this will happen on my card. On average about 3.2 years, but that's with the current difficulty level so never is more realistic. You need to join a pool. Your power consumption (even for just the GPU) is 3-4x higher than the most efficient rigs, so if you pay for electricity your profit will be very low. |
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Too bad the pool is down more than 50% of the time after people started bragging so much about how profitable it is to mine namecoins. Doesn't help that the price went down 35% the last few hours either.
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If you were my son and demanded anything from me, I'd probably slap you silly.
Sounds like you're just as dumb as bitcoin0918's dad. |
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I'm working with the assumption that the posted Mhash/J numbers are correct, so I don't need to measure them again like you suggest.
They very often won't be. They usually just use the TDP, and that will be wrong because they overclock and don't add overhead from other parts in the system and power conversion in the PSU. |
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ok i think im getting it slowly, so you only get a payout when/if a block is found? but it doesnt seem quite such a good deal unless you have quite a wedge of power going into the pool (im only getting about 270mh/s) and only then if youre lucky enough that a block is found that day Deepbit usually finds several blocks every hour, so there's not much luck involved if you choose proportional payout either. |
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I've seen a lot of mob mentality lately. From people unquestioningly opposing WikiLeaks because their government opposed it to people cheering when the guy who wrote "The Pedophile's Guide to Love" on Amazon got arrested for simply publishing a book, I've come to the conclusion that although most people *say* they want freedom, they really don't. Freedom implies taking responsibility for your own actions, including when you make mistakes. People don't seem to like that. I'm not entirely convinced that it's all that comforting to the children getting abused that someone has to "take responsibility" for it later. |
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As long as they don't support the European bank transfer system or have any other system for transfering money to Europeans mtgox will do fine.
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With cards, the speed thing is how many Mega-hash per second it does. Another thing to look out for is how many Mega-hash per second it does per watt. (This is the cost to run it thing.) But wait , a watt is a joule per second so that:
But everybody's billed per KW/h, so the joule thing is just a detour. It's much easier to just say how many Mhash it does per watt if you want to calculate your profits. |
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If you already have rack mountable equipment you're probably better off with a LackRack, though. |
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When will people realize that it doesn't matter what government thinks about a 'crypto math puzzle'. I guess it only matters if you prefer not having to risk to go to jail. |
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As an illegal good, bitcoin would be MUCH safer on a per-user basis than weed. Especially considering the fact that in order to enforce laws against it, they will have to spread themselves even thinner than they are, and that's so thin that they can't even keep heroin out of their own prisons as it is.
There are a ton of factors involved here. The utility of the goods for the user, availability of alternative legal ways to obtain a similar good, the chance of getting caught, the severity of the punishment... Most drug users will probably rate the utility fairly highly. There is no legal way to obtain something similar, the closest thing is probably alcohol. The chance of getting caught is very low, and if you do the punishment isn't all that severe. Bitcoin users on the other hand could usually about as easily use paypal or credit cards. The chance of getting caught is unknown. However, seeing how RIAA and MPAA are allowed to just collect IPs and send bills for infringement I have no doubt governments could pass laws that make it illegal to connect to the bitcoin network altogether. Then they can just start collecting IPs and punish a collection of users severely, while letting everybody know how easily they found them. This would scare the average person back to paypal and CC, and make it that much easier to find and punish the remaining hardcore Bitcoin who actually has something to hide and can be bothered to use proxies and stuff like that. |
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There is a very specific security threat when a single entity controls 50% of the networks hashing power.
50% isn't actually a hard limit. It is possible to do the same attack with 40% or even less, it will just succeed less often. |
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Sort of like how they have made government stop marijuana from having widespread use. Right?
Why do you think that comparison makes any sense at all? You don't have to connect to a global open grid on the internet every time you want to use marijuana. If you did it would be ridiculously much easier to scare away the individual users. |
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You should try leading the last sentence in the text he quoted.
Sites like Silk Road are going to make governments stop Bitcoin from getting widespread use, so you have to choose between having sites like this and the success of Bitcoin. It's a simple cause and affect, and saying that he would prefer the success of Bitcoin over the availability of such sites doesn't mean he likes it. In fact he's just said he doesn't like it. You are shooting the messenger. |
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But it doesn't really matter, because as soon as they do find another block, everyone learns about it.
Deepbit may actually have a slight advantage if a block is solved by both Deepbit and a small pool at almost the same time. There is a fairly large chance that Deepbit will solve the next block as well, and if it does it will probably include the block solved by itself and not the one from the small pool in the chain, because that is the one it knew of first. The fact that Deepbit hardly ever gets invalid blocks may be evidence of this. |
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I actually agree that drugs should be legal and one should be allowed to ingest anything they please. But what should and shouldn't be has little to do with what IS and ISN'T. Drug trafficking IS illegal in the united states. This rich and powerful man now sees drugs and bitcoins as indivisible and mining and trading bitcoins as a criminal offense. He is actively trying to convince his rich and powerful friends of the same directly because of silk road. Silk road is a thread to the bitcoin network and I personally want to see it exterminated.
I know there are forum rules, but at what point can I say mean things about this guy? Sounds like "buddha" can't remove his tongue from the bottom of the government's boot heel, and quite frankly, sounds a lot like them with his twisted morality. mjsbuddha, understand that you have ZERO say in what I, or anyone else chooses to put in their own bodies. The fact that you feel you somehow have a right or duty to impose your ideals of behavior on others is really sickening to me. You want to shut down a website cause you don't like it?!?! Why don't you work on yourself first? Read the first sentence in the text you quoted a few times. If you still think your reply is relevant you should probably just stop posting. |
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i have read a few threads on btc, i admit im still very new into this, but i read that people are hoarding the btc because of speculation that the price will skyrocket to "$1000" or something, but if everyone is saving up and buying btc as soon as it comes out and not spending it, which was what it was originally used for, then doesn't that discourage sellers to accept btc?
No, it doesn't discourage sellers because they can just adjust the prices, and even if it did it wouldn't matter much. The value of a bitcoin is mostly a result of how much people is willing to pay for it, and not how many trades it is involved in. Trade can make people want to pay more for it, but the reason doesn't matter. If lots of people want to horde as much as possible of it, they'll bid up the price at the bitcoin auction the same way someone who wants to use it for trade would. Obviously the price will not decrease if there are more and more people bidding for a constant supply of coins. |
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In a very large pool, deepbit for example. every time you receive an LP notification, you run the risk on submitting a share that same second. I've seen multiple times, my miners submitting shares the same second (or 1 sec before or after) as an LP announce. That results in a rejected share and a higher stale rate.
You get a notification every someone in the total Bitcoin network solves a block, so you'll get the same number of notifications no matter what the size of the pool is. |
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ERROR - Get temperature failed for Adapter 1 - ATI Radeon HD 5800 Series
Try DISPLAY=:0.0 aticonfig --pplib-cmd "get temperature 0"
DISPLAY=:0.1 aticonfig --pplib-cmd "get temperature 0"
If that works you can save this as a script to get lots of info: #!/bin/sh
export DISPLAY=:0.0
echo Card 1
aticonfig --pplib-cmd "get temperature 0"
aticonfig --pplib-cmd "get fanspeed 0"
aticonfig --pplib-cmd "get activity"
export DISPLAY=:0.1
echo Card 2
aticonfig --pplib-cmd "get temperature 0"
aticonfig --pplib-cmd "get fanspeed 0"
aticonfig --pplib-cmd "get activity"
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