Yea, I think so too...

...won't Cointron make my income less volatile though?  I heard of some 51% rule...

Any suggestion for LTC and/or multis?

I have about 500Mhash/s when mining BTC and about 800khash/s when mining LTC atm...

BOOM!  Up and running again mining BTC with GUIMiner and LTC with GUIMiner-scrypt!

I figured out what went wrong, here's what I did to fix it:
- GUIMiner didn't like the folder name where I had the Bitcoin Core located - I put it on my D: drive because I was out of room on my other SSD - Make sure folder name is Bitcoin and no spaces in the folder above it!
- Once I changed the folder name and pointed GUIMiner there I was up and running again.
- I also added the -system flag to the startup .exe for Bitcoin Core Wallet.
- Doing all the above, I was able to launch the Bitcoin Core from GUIMiner.

- For GUIMiner-scrypt and Litecoin, I basically did the same thing
- Made sure my litecoin.conf file had the right settings

Thanks for all the info about the actual miners running in the background... I opened up the folders and can see all the different ones that come with the GUI download.

Anyways, now, what to do with all this power... (not)  Mining LTC atm, maybe I'll get one by the time I get home...

Last few questions:
- Any BTC pool recommendations?  
- A pool that picks the coin for you?
- Can I use GUIMiner to run something like a ASICMiner Block Erupter USB?  Or will I have to use something else?

Late,
Nick

OK, so when I downloaded GUIminer I actually got cgminer with it? 

I live in the USA, Michigan
Looks like I pay ~0.121883/KWH
Still need some help getting up and running - I'm learning that these GUIMiners are "front-ends" while something else is really actually powering/running the mining?

I'm down for mining anything, just gotta be pointed in the right direction - profitability would be nice

Yo,

Back again - didn't have much time to get at it last night.  Tried to mine some LTC with GUIMiner-scrypt and I couldn't get it to work (that's all I need, right?  I don't need cgminer as well?)

Anyways, in doing so, I couldn't get GUIMiner for BTC working again, lol! 

I'll try some more tonight...if anyone has any advice, let me know please!  Like easier software, someone PM me/FB me, etc...

Late,
Nick

I just re-read this - what hardware do you suggest that's a good hashrate/$ ??

I was afraid of that... Guess I'll be mining in the kh/s v mh/s, at least in regards to LTC mining.   I'll see what I get tonight and let you know.  (No -f flag to use to bump that hash rate? I see there is an intensity field...)

Will do ... using a calculator, says I would be in the positive??  I just don't know if my hashrate would be the same using GUIMiner for BTC v GUIMiner-scrypt for LTC??  I'll be testing that tonight...

Also, looked into PBmining.com - 1000 GH/s = 5.00002120 for 5 years --> that's only ~0.105 BTC per week looking at their list - I don't think the payback is there?

EDIT - maybe the payback doesn't look like it's there because "Weekly payouts are scheduled for every Sunday before Midnight ( 24:00 GMT -6 )."?  I'll have to check at the end of the week...

EDIT2 - lastly if I want to get some more BTC in my wallet, any good recommendations on where to buy some from the USA?

Thanks for the info!  I finally got up and running!  Yay!  Not that I'm going to make any BTC, but I'm good to go now. 

I did crash at one point and had to re-download the entire block chain again (Still DLing as of this moring, ~30 weeks left.  I forget the error message, but it was a weird one and looked it up, said that's what I had to do on the forums).

Anyways, with the hash rate I'm getting, could I be mining litecoins?





All feedback welcomed!

OK!  I finally got up and running!  Yay!  Not that I'm going to make any BTC, but I'm good to go now.  Just for people who want to know, I'm running dual 5870's.

I used the below flags and got some good results.  I originally didn't have the -f flag and was running in the khash/s... switching to -f 1 got me in the Mhash/s

Last question: should I be using this power to mine something else like Litecoin?





Hope this helps someone.  All feedback welcomed!

Thanks,
Nick

Yea, I understand!

Seems like mining for BTC is very difficult these days, even if you do it in a pool.

I'm still interested, just not sure if I want to mine BTC now.... maybe something else would be worth it??

OK, I'll look into it, thanks for the recommendation!  

Anything else come to mind?  I see something like this is out there: http://minerscube.com/ ; Great hash rate for the price - Might be a little out of my price range, but anything in the $100-$1000 price range?

I'm guessing some of this stuff isn't plug and play?  Also, as difficulty increases, hardware can become outdated fairly quickly??

On with the comments, thanks in advance!

EDIT: sounds like that minerscube is a scam!

EDIT#2: with my current set up, I could probably mine some Litecoin?

Yo,

New to mining, did some tests this weekend to see if I could get up and running with my GPU's using GUIMiner - looks like I'm mining!  But, with such a low hashrate, that's not the way to go these days.  So, in order to get some good hashrate, here are my questions:

1. What are some hardware recommendations?  USB sticks?  Erurptors?
2. What software should I use?
3. Pool recommendations?
4. Mine another type of coin?

I have a 1000W rig, 1090 x6 CPU, dual 5870 gpus.

I appreciate all feedback.  No high cost / $10k system recommendations please!  I see those USB sticks are ~$40 and that seems like a good place to start...

Thanks,
Nick

bump! help!

Ok, I'm up and running now, still need some help ...

 I think my hash rate is way low - it's like 500 khash/s when it should be like 400 Mhash/s?  Is there a list of flags somewhere?  I have dual 5870's.

Also, how do I know I solved something? Where do the bitcoin go?

Bump, help? 

Looking for answers above.  Also, I think my hash rate is way low - it's like 500 khash/s when it should be like 400 Mhash/s?  Is there a list of flags somewhere?  I have dual 5870's.

Ok, I made a few posts on this already: https://bitcointalk.org/index.php?topic=10438.20

I think I'm up and running now!  I have a hash rate in the bottom rh corner.  I opened up another tab so I have both of my gpu's going... Question I have now is - how do I know my progress?  What happens if I solve block?  How would I know?

Sorry for the noob questions, I appreciate all feedback .

Ok, I figured out how to get a conf file, I had to create a directory and bam, all good

Now, still can't mine though - am I selecting the wrong file location for "set bitcoin data directory"?  What should that be?

OK, I'm having issues setting this up:

1. Do I have the right software open?
2. When I try to create solo password, I enter my username and pw - nothing happens
3. No config file?  How do I create it?
4. I opened guiminer.exe.log, this is what it says: Traceback (most recent call last):
  File "guiminer.py", line 2251, in create_solo_password
IOError: [Errno 2] No such file or directory: 'C:\\Users\\Nick\\AppData\\Roaming\\Bitcoin\\bitcoin.conf'

Here's a screen dump:



If someone could help, that would be great.  I just want to set up solo mining.  I'll get into a pool, don't worry.

Lastly, should I just use another mining software?  I just chose GUIMiner because it seemed easy to set up...

Thanks in advance.