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1  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: December 22, 2013, 08:08:28 AM
Other / Alternate cryptocurrencies / rubbish new gpu, rubbish old wetware, broke the software    on: December 21, 2013, 09:11:49 AM
xfx r7970 - fx - 797A - TDFC

hashing now on Bitminter client ~ 510 M/hs

was hashing yesterday on cgminer scrypt ~ 400 k/hs

worked out all the memclock etc tunings then lost them, never mind, was approx 22400, 1125, 1750 didnt touch voltages yet

until i started messing with - g arguments in cgminer 3.5.0 .bat file

computer froze, cgminer never worked again

uninstalled and reinstalled all drivers, ccc, sdk etc. thoroughly

tried different versions of cgminer pre 3.5.0

setx GPU_MAX_ALLOC_PERCENT 100
setx GPU_USE_SYNC_OBJECTS 1
cgminer --scrypt -o stratum+tcp://stratum01.hashco.ws:8888 -u x.1 -p x -o stratum+tcp://eu.middlecoin.com:3333 -u x -p x -I 13 -w 256 -- auto-fan

yesterday this .bat with or without threads=8192 got me ~ 300 k/Hs before i started tuning for memclock, otherthing and threads. today cgminer disappears



please help: did i buy a bad model anyway of the 7970?

can I get it mining scrypt once more?

how can I be so dense? Huh Grin

If its a mining machine, wipe the OS, slap on Xubuntu 12.04.3 and reinstall AMD driver and Cgminer. Often times better than trying to troubleshoot. I use Cgminer 3.3.4 on most of my machines. It seems to work fine.

How is the pool working? I switched away from it till the connection problems get ironed out (I missed about three hours of mining yesterday due to connection problems).

--GarbageName

2  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: December 21, 2013, 08:54:39 AM
Hi, I read the last few pages and got no answer, why aren't we still mining DOGE? What happened??

Dogecoin is in the tank. The coinwarz page incorrectly lists the buy price. The coin selector is working properly I believe. Now the work assignment and the pool mechanics...that is another story.

--GarbageName
3  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: December 21, 2013, 07:28:49 AM
You didn't really use a Runescape screen shot in the header did you? Wink

That looks a lot like a runite pickaxe sitting next to the "c" in cows.

--GarbageName
4  Other / Beginners & Help / Re: Bitcoin does not yet provide stable purchasing power on: December 21, 2013, 06:28:37 AM
mpex.co  - yep I could just go there. Who are they? How long will they exist? why
should I line their pockets? Its a brush off answer on the replier's part, but
the fact remains. Using mpex.co requires I trust them. I'd rather not go down
that road as the BTC is not about trusting some institution.

bitcoin has no stable purchasing power. What item to peg its value to?
Of course, you are right, everything tangible fluctuates in value so
clearly Bitcoin cannot be pegged to anything.

By implementing an ability, within the wallet, to buy or sell BTC, current or on
a forward basis, the BTC system could collect very small fees, far far lower
than the fees charged by the exchanges, and hold these fees, in BTC, as reserves,
in the system, in a decentralized manner.

then, BTC has backing. that leads to stability of value. Without backing BTC will
fluctuate wildly every time a reasonable rumor surfaces. As long as that is the
case, BTC will not attract material (e.g.. $Trillions) investment.

the problem remains until we all admit its there and develop a solution.

i'd like to see BTC become a global currency, or even just distributed on 5 billion cell phones, each with
$50 of BTC in them for small payment opportunities. But, lets face it, if 7-11 accepts bit coins you can
be sure they've been sold and converted to real currency before you've walked out the door with your
bottle of water or soda. That is the problem. BTC has no stable purchasing power. No one wants to hold
it. Perhaps this will just change in the future? That's wishful thinking to me.

Until real currency doesn't exist or is hyperinflated out of existence, in which case, you'll be holding BTC and only converting to fiat when you have to.

I think this issue is your mindset. You want bitcoin to act like what you are familiar with because the current state of bitcoin is unexplored. The people that will invest in bitcoin are the ones that are comfortable with it. You obviously are not that person.

Forbes just had an article that there are something like 250,000 people using bitcoin. That is miniscule! If 10 million or 100 million people use it, then it won't fluctuate as much. Why? Because people will be more likely to bid on a price change (buy or sell) when there are more people watching the price. Just like if you have more contracts on an infrastructure project.

I'm perfectly fine with bitcoin fluctuating, because I'm patient and I know that the internet which created this phenomenon will iron out its problems. Do I know what that solutions will be? Nope. But I know that people have innovative ideas that none of us have thought of yet.

Just resorting to the same old market strategies that have shown themselves to fail 100 times over, is not what I want to see.

With each great innovation comes change, a new way of doing things. We don't use telephone booths, because we don't need them. We don't use horses, because we have automobiles. We don't have scriveners, because we have computers and hard drives. I could go on.

There was a time when people said "How will you get anywhere without a horse?" or "Cars breakdown all the time?" or "How can you be near to an object that is 2000 degree?". And yet, the automobile has solved all those problems (through infrastructure, and technological improvements).  (Look up Voltare saying it was impossible for humans to go 50 MPH).

My point is this, you are coming up with old solutions to new problems. They will be solved, and maybe some of the solutions will be used, but on the whole, it is going fresh thinking for the bitcoin to work. Maybe these aren't even problems...they'll just solve themselves.

I've ranted long enough.

--GarbageName
5  Other / Beginners & Help / Re: What do you think about this idea? on: December 21, 2013, 05:43:41 AM
Hello All,

I live somewhere in north america, but i have very good connections in india for developers, mainframes, and other gizmos, my question is would it be worth it for me to setup an alternative currency exchange in India? and start something like coinbase except for India and the rupee?

Thank you for answering

If you know what you are doing "Go forth and make money!".

Like the above poster said, there are probably reasons this hasn't been done (or some exchanges may be in the pipeline and are just taking time). But if you have the expertise, or can put together a group that can get this done you should do it.

I only encourage you because you saw what the putting up Chinese exchanges did for bitcoin...why not add another 1.1 billion potential users?

--GarbageName
6  Other / Beginners & Help / Re: I DONT GET IT!!! on: December 21, 2013, 05:22:24 AM
GarbageName, so we just have to admit that there are large quantities of grown(?) men with large sums on their hands, eager to spend it on something that will surely return negative profit? And they cheering each other while they doing it?
I'm kinda surprised, really

From a man's perspective I'm not surprised (not sure your gender, but I'm kind of leaning toward female only because you used grown men).

To your post, isn't that how Casinos thrive? Where I live there are five ways out of this city. In four directions there are four casinos. Most weekends they are packed. Mega Millions anyone? 99.99999999% (enough 9's) of turning a loss. Sports betting? Very common.

In our society (this world) with so much affluence in the first world, is it really all that surprising. People have money to burn and their bored. Its a bad combination.

--GarbageName
7  Other / Beginners & Help / Re: I DONT GET IT!!! on: December 21, 2013, 05:00:17 AM
Its called speculation (or gambling). It is an addiction. We have banks, and markets set up to legalized gambling, with no underlying value. Welcome to the human race.

See the tulip bubble, housing bubble, etc...the asset can never go down! Until it does...

--GarbageName

Right. Still though, can anyone chime in with some calculations? If this miner will never mine as many bitcoins as were spent to buy this thing, what dies it matter if bitcon will jump to 10K per unit? You still lost bitcoins in the end??
There's gotta be a catch here.

It's simple; if that miner that cost you £2,800 only mines you 1 BTC before end of life and the value of 1 BTC rises to £20,000 sometime in the future, then it was worth all the effort.

And he is saying, why not buy 4 2/3 bitcoins at current price and make 20000 * 14/3?

You are right it doesn't make sense. Originally (and still with some scrypt and cpu coins) you could use off the shelf hardware that you might already have or could use anyway to do the mining. In some sense it was a way of using equipment, the general public arleady had, to secure a currency, the general public would use.

At this point; its just speculation, but even then it doesn't make sense. The idea with off shelf equipment is you can sell it back when you are done. A graphics card a year from now, is still a graphics card that you can sell and recoup some your initial costs. A bitcoin miner? Nope.

You might as well just buy the bitcoins, because the miner will be worth the same as the currency if it all goes down in a blaze of glory.

--GarbageName

PS No, you are right see my post.

(with reference to next post)
8  Other / Beginners & Help / Re: Hello everyone! Got a question; how do I start making profit from mining? on: December 21, 2013, 04:28:23 AM
There are coins you can make a profit from.

http://www.coinwarz.com/cryptocurrency

Say you pick worldcoin. Then with a AMD Radeon HD 7950 at 650 KH/s you'd be making $12.62 a day. The electricity costs at $.1 KW/h are $1.06 cents a day (assuming a pull 440 watts). Meaning you are still making $11.56 a day.

That is profit.

--GarbageName
9  Other / Beginners & Help / Re: I DONT GET IT!!! on: December 21, 2013, 04:20:58 AM
Its called speculation (or gambling). It is an addiction. We have banks, and markets set up to legalized gambling, with no underlying value. Welcome to the human race.

See the tulip bubble, housing bubble, etc...the asset can never go down! Until it does...

--GarbageName
10  Other / Beginners & Help / Re: Questions about cpu and gpu mining: on: December 21, 2013, 04:05:10 AM
Just get RADEON GPUs or buy currency. Mining will require as much luck and timing as buying. Mining scrypt with anything else than Radeon GPUs now is a waste of time. It is nearly a waste of time to mine scrypt with Radeon GPUs already to without them it is really pointless. You would have to have excellent timing to start mining at a very low difficulty and if you are that lucky, it stands to reason that you would be equally lucky just buying coins instead.

I disagree with this. Of course if you mine something established then you are likely to be priced out by the competition. People pay for the security of mining an established coin. So yes if you mean litecoin, worldcoin, or feathercoin cpu mining or mining with a low level radeon is worthless, but there are dozens of coins, some with 1 or 2 difficulty, that you can reasonably get a decent number of coins for. If that coin takes off, you can make some money. If you were mining dogecoin, two weeks ago at 1 difficulty, you'd probably have made a few grand, even with a cpu.

--GarbageName
11  Other / Beginners & Help / Exchange Fee Charts on: December 21, 2013, 03:53:10 AM
Does anyone know if there exists a chart with the fees for each exchange listed? It would be most helpful for deciding where to exchange coins.

--GarbageName
12  Other / Beginners & Help / Re: GPU Mining with Intel GPU on: December 21, 2013, 03:01:34 AM
Technically the intel GPU is on the chip CPU right? You could CPU mine dogecoin, but the returns would be significantly less. I'm not sure there is a setup to specifically use the intel on board GPU for mining. At least, in my travels, I've never seen it.

--GarbageName
13  Other / Beginners & Help / Re: Best Way to Lower Heat on: December 21, 2013, 02:47:18 AM
With the above comment on an external fan I bought a boxfan for $18 from Walmart.

The side of the case has holes in it, so I put the boxfan on the side of the case and blow air in. The key is to have the airflow from the top, down on the GPUs.

At least for my setup, this avoids the heat trap. I tried blowing air from the front, but it did not do much. By having the air blowing in from the top of the graphics cards, it basically blows the air away from the point source, that would be the cards themselves. I saw about a 4 degree C reduction on the hot card (I have two) and a 7 to 8 degree reduction on the cooler card. The box fan pulls 70 watts from the wall (I have it on low, which maybe 40 I can't remember).

Probably the easiest quickest way to save some life on your cards.

You can check Cgminer to see if you are having any success. Keep moving the fan till you get the best cooling solution. Also, higher flow of air, does not mean cooler gpu.

--GarbageName
14  Other / Beginners & Help / Re: Questions about cpu and gpu mining: on: December 21, 2013, 02:31:35 AM
Doing both is definitely doable. 

You can't use cuda miner though on the CPU. You'll have to use something like pool's miner.  If you have a nice CPU there are some things to be cautious about.

1.  You'll be running CPU and GPU at 100% more than likely which if your PSU can't support will cause it to blow.
    - Games never use both at 100% so it will really stress the system
2.  You'll be outputting a lot more heat.  So things can get really toasty in a case.
3.  You won't get much more hash/sec with cpu mining.  As a benchmark I could only get around 90kh/s using an intel i7 4770k, and about the same with an i7 3930k
    - So you might be using more power than it's worth.

The key question for the PSU is your 12V rail. If you can cover the TDP of the GPU and the CPU as well as wattage for memory, optical drives, and the northbridge, you'll be okay. Not all of those work off of 12V. Personally I just strip out the optical drive. The hard drive and memory take 5 to 10 watts each and the northbridge takes 20ish. So if you want a theoretical max take TDP of GPU + CPU + 40 watts (and don't have a DVD in the optical drive...).

On your PSU you can check what the 12V rail is rated. So for a 430 watt CX psu for example, the 12V rail is rated at 384 watts (32 AMPS * 12 VOLTS = 384 WATTS). You need the total internal pull on your system to be less than 384. Now really, as a bare minimum, if you want your PSU to last any sort of time, you need to be at least 10 percent under that target so (384-38=346) to cover power fluctuations and not overwork the PSU, but if you want to be safe (and you should PSUs cost money) try to be 20 percent under (384-77=307). So your total system in this case should be pulling 307 watts maximum.

Another note (although I haven't tried it myself) is that I have heard that LTC/scrypt mining needs one open core. So if you have multiple cores, try to only use N-1 (where N is the number of cores in the CPU) for the CPU coin. That way you wont weaken your LTC or scrypt return.

Happy mining.

--GarbageName
15  Other / Beginners & Help / Re: What should i mine first? on: December 21, 2013, 02:19:32 AM
Depends on your setup. If you are mining with cpu, maybe primecoin or protoshares. If you are mining with gpus then worldcoin. That would be the top profit making as well as most well established coin.

Dogecoin has been around for what, two weeks? Can we tell much about a coin from two weeks of existence?

LTC, highly mined at the moment, well established, but your returns will be lower.

Other coins, quite a few risks, hard to pick out the ones with good communities from those that are around this week and gone tomorrow.

My vote is for worldcoin or primecoin.

--GarbageName
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