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... So then even when the difficulty is at retarded proportions, the productivity won't necessarily have to decrease?
When total network was 1GHash/sec a block took 10 minutes, same as now. The whole point of difficulty is to keep productivity the same. Were blocks worth more than 50 BTC back then? I remember reading in that one thread about the guy who bought two pizzas for 10,000 BTC that he was generating "a few thousand" bitcoins per day. The number of coins per block is cut in half every 210,000 blocks. We are currently around block 136,746 so it will drop to 25 coins per block in about 17 months from now. |
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... So then even when the difficulty is at retarded proportions, the productivity won't necessarily have to decrease?
When total network was 1GHash/sec a block took 10 minutes, same as now. The whole point of difficulty is to keep productivity the same. |
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what is your fan speed? Mine is at 70% with a temp of 70c.
Yeah I had my fans on automatic (45%-50% on load) so now i've fix it to be manually on 60% and the temp decreased significantly (82C). should i decrease the temps a bit more then that? what software do you use for GPU fan control? I use MSI Afterburner to control the fans. Also I forgot to mention, I have the case open with a house fan blowing air into it. |
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And I am getting 365 Mhash/s (each GPU) BUT... wait for it...... My temps are 91C !!! I can boil an egg on my cards !  what is your fan speed? Mine is at 70% with a temp of 70c. |
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What's the deal? Why don't they have a legitimate certificate?
Oh, a self-signed certificate is perfectly legitimate. It actually provides better privacy than a purchased certificate. The only thing a self-signed certificate doesn't provide is any assurance that a third party has confirmed the identity of the website. But you can obtain that assurance yourself by reading around this forum. Unfortunately, the browser message is very frighteningly-worded. Which is just how the sellers of commercial certificates like it. and leaves its customers open to man in the middle attacks because then you have no convenient way to distinguish between the legitimate self-signed cert and an attacker's cert. I wouldn't trust anything of value to a site that used self-signed certs or a private CA unless I went through extra effort to verify that it was ok. |
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I'm using DiabloMiner under Windows. It is command line, but really easy to set up. The pools usually give you the command line examples to follow as well.
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Holy crap 50 Bitcoins is like $800 bucks right? So how do they get solved, is it like trial and error? So theoretically I could get one after a few minutes mining? (if I'm lucky)
Yeah, brute-forcing a hash calculation by adding a nonce value and hoping the hash meets the appropriate conditions, if I understand correctly. If you are that lucky, you should buy some lottery tickets! |
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Wow first time seeing this.
So let me get this straight. They sell bills which have the keys/date to a wallet with bitcoins?
I read the website but still do not understand completely how this works.
The bills have the public and private keys for a bitcoin address QR encoded on them. You use one of their tools to import the keys into a wallet, then you can use them normally. OP - maybe you should edit the title of the thread to show the issue has been resolved. |
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... generating a block solo with only a GPU or two could take a very long time.
For example, I'm currently mining in a pool with one GPU at about 350 MHash/sec, and in the past 8 days have earned 2 bitcoins. Projecting that out very roughly, if I were mining solo, that two weeks would represent 2/50 ths of the effort required to generate a block, which means I would on average generate one every 50 weeks. Of course, by then the difficulty would have gone up dozens of times and I would have to be pretty lucky to generate one at all. |
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What do you mean by 'find a block'?
thanks
Using your processing power (GPU) to do a bunch of calculations to create a valid block of bitcoin transactions. This rewards the person who did it with 50 bitcoins plus any transaction fees in the block. It is quite a lengthy process, and the whole network (everyone mining) produces only on average about 6 blocks an hour. If you mine in a "pool" you share your processing power with a bunch of other folks. This can provide you a steadier income, as generating a block solo with only a GPU or two could take a very long time. |
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join a pool is the best way
Yep. It is pretty straightforward: - Install the bitcoin client so you have an address for the pool to send to
- Install a miner (I used DiabloMiner)
- Pick a pool
- Sign up with the pool if necessary (I started with Eligus and you don't even need to sign up)
- Start your miner with the information for your chosen pool
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