A new challenger appears.  145$ $145 where? i haven't found it in stock anywhere at anything close to that price Well this thread put up about 500 but they managed to sell out in a day. Impressive. Going to be hard pressed to find new 5830s at this point. |
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You did the basic research but you had no idea how many PCIE slots were on the motherboard you were planning to buy? No, just no.
And I've already helped you a number of times despite the fact that you've clearly done absolutely no work on your own other than creating about 10 threads in the last day asking for help on every basic aspect of mining. If you feel that you have the right to ask a billion questions without doing any work on your own, then I have the right to shoot you down and point out how annoying and irresponsible that is. If you don't want me to reply in such a manner then act in a way that will not prompt such a response.
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Green paper currency is backed by multi-billion industry/mining/services sector that puts its trust in it. Bitcoin OTOH is not.
Do you see how circular an argument that is? A multi-billion dollar industry puts its faith into dollars. Therefore dollars have value because of the dollar value of faith lenders. Anyway, I'm not saying that bitcoin is inferior or superior, but the argument that bitcoin only has the value that people place in it is not a valid one, as that is true of all world currency that are not guaranteed by anything tangible. |
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also, what are the risks in doing that? Could I possibly fry my card if I do it wrong? Is it something someone relatively non technical could figure out?
Yes it involves overwriting the stock bios (voiding warranty) with another bios. Yes you can fry your card by flashing it to 6970 bios. But there is a safer alternative, you can write a custom 6950 bios to the card which unlocks the extra shaders, but leaves the clock speed and voltage at stock 6950 levels. Then you can manually overclock yourself to safe levels. You will need to use winflash I believe it is called, to write a downloaded bios over the existing bios (make sure to back up your existing bios) to unlock the extra shaders. This can only be done on reference 2GB 6950s btw. |
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What makes it a ponzi scheme right now, IMO, is the fact that Bitcoins are only a store of value. That's all. They're something that a few people agree have some worth. Some will argue that mining is the "good/service" aspect of it - analogous to those stocks that keep getting mentioned. That's incorrect. There's a difference in Bitcoins and stocks. Publicly traded companies MUST demonstrate utility, or a likelihood thereof, in order to get bought. Bitcoins do not. Bitcoins at this point are just an idea. An idea with much potential, but an idea none the less. I got into Bitcoins heavily when I saw the article on MoneyLaundering.com - that was my "buy" signal. Some day it might have utility to criminals, but right now, who could a drug dealer find to move $50MM USD of currency across a border, in an end-to-end cash to cash exchange with Bitcoins as the conduit? If such an exchange exists, they certainly don't make themselves known. So until it has at least a modicum of utility, beyond storing value, it's nothing more than a house of cards. And again, I'm hoping the utility aspect will improve, because the ideas are strong.
Say what? All currency is a "store of value". Green pieces of paper have no more intrinsic worth than that people have agreed that it does. And there have been far more than a few paperbacks that have ended up worthless because people lost faith in it and it had nothing to back it beyond that faith. Publicly traded companies have no requirement like you specify. They need merely convince people that they will be worth more than they are now or interest people in the company, same thing. Also as to drug trafficking, there is already a massive drug trade via bitcoin, to the point where senators are trying to shut down bitcoin because of it. But anyway, that aside, bitcoin is in its infancy, whether it will be seen as a ponzi scheme or not will be decided in the future by its success or failure/. |
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http://lmgtfy.com/?q=BIOSTAR+A770E3No offense but you really need to do some basic research of the components you plan to buy. I mean I enjoy helping people (and I'm sure others do too) but we're not getting paid to be your personal mining consultants. Most info is already there if you look for it.
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 Thanks for the laugh. I love the ghetto rigging of home brews. Good stuff. Anyway, just wanted to mention pulling hot air "off" the cards is much less useful than pushing cool air "on" to the cards (specifically the fan area). They already have fans to blow hot air out, the problem is they get squeezed for getting cooler air in. Push a little piece of plastic to space the cards out a little bit, then strap on a nice 120mm (preferablly one with high static pressure not high CFM) to the front or side and push in some cool refreshing air;.
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Recertified PSU is a bad idea. In fact cheaping out on the power providing component of a computer that will be running full blast 24/7 is a bad idea in general.
You might also have some trouble running 4 5830s on that motherboard since it only has 3 PCI-E slots.
Oh and you also would have to use PCI-E extenders/risers since all the PCIE slots are next to each other.
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I'm not going to get into the debate about solo vs pool. They both have some merit, and I like the idea that you are supporting the original concept of bitcoin via solo, but anyway that's irrelevant. As to HOW to do it, here is a good guide: http://hardwaredoken.com/blog/?p=239&page=4I'm fairly sure it is still accurate. |
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Well FreeJaC people are playing fast and loose with the definition of ponzi scheme. They are really conflating the idea with a pyramid scheme. Neither one is technically true, but they're both close enough that it's not really worthwhile to argue it.
Bitcoin does need to be usable for transactions. It is. But it needs wider penetration. However you have to remember that bitcoin is still tiny. I keep telling people this and they keep dropping it out of their heads. Already however you can buy food, computer parts, lots of illegal drugs, pornography, and other things with bitcoins, that's a pretty good start considering there are only about 30-50000 users (not sure at the moment).
Right now there is healthy interest in bitcoin, and it is growing, and growing fast (even if most of the attention is focused on mining and selling). It may collapse either from too little growth or too much growth in the future, but so can anything.
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This thread is an example of another bitcoin weakness:
9 post forum trolls getting peoples goats with same rehashed topics.
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This is similar to why F@H and other scientific (floating point operation) endeavours crush on NVidia and suck on AMD.
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There is already a thread about this. But anyway, no, underclocking is a function of powersaving features. The only problem can arise is if you turn the clocks ridiculously low and there is not enough internal bandwidth, which would usually cause a driver malfunction, but no physical harm.
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How Cliche. I'm sure proverb already visited every one of those pages. Why don't you point him to the page that explains how many bytes are in a hash and how many hashes it takes to find a block. What about how blocks are used when fractions of Bitcoins are made, used and tracked. I can go on and on with loads of stuff not mentioned on those pages. Cliche? Not sure you know what that word means. You ask for a faq and suggest that posting faqs isn't enough. You ask for more information and suggest a wiki is too much information. Sounds like you just want to complain. As to what proverb has or has not done, well... in order: bytes in hash -because I don't think he actually cares? How many bytes in a block don't affect anyone except maybe if you are some crazy paranoid network engineer. If he wanted more information I gave him the wiki, e.g. https://en.bitcoin.it/wiki/Protocol_specification#Hashes Fractions of bitcoins - they are not "made", so that's an easy one. It's made clear that used/tracked transactions are verified by mining blocks and that's the whole point of bitcoin. Loads of other stuff -- that's pretty helpful, I could go on about loads of stuff about loads of stuff. But I don't make posts about that. |
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Get back to gaming! Haven't gamed in more than a month  Hear hear! I haven't done any gaming and it's ridiculous. Life can't be all about collecting shiny little piece of gold can it? Gotta enjoy yourself too |
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Well I'm impressed with this community if you guys managed to eat up 449 cards in 24 hours. Well done!
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This is what i'm talking about... where is the definitive guide/FAQ/Wiki that breaks all this down.
I want a flash animation or something that puts it all into perspective..
I wish someone would make something available so i don't have to sift through the code myself and really get to the nitty gritty...
http://www.youtube.com/watch?v=Um63OQz3bjohttps://en.bitcoin.it/wiki/FAQhttps://en.bitcoin.it/wiki/Main_PageFlash guides are made simple. If you want the deep understanding you gotta do the work. And you don't have to sift through the code, there's plenty of human language equivalent explanations. Speaking of which offtopic, I wonder if you could get a savant, show him the latest blocks information, ask for a nonce related to current difficulty and have him spit it out. Infinite hash/second brain. |
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To be fair a better response would be that EVERYONE on bitcoin is working on the same block, and when it is found EVERYONE starts working on a new block.
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Most pools (I can't say with confidence which) protect against pool hopping in their code. BTCGuild and Deepbit might be exceptions.
Anyway, yes BTCGuild being smaller will tend to be luckier or unluckier than deepbit (more variance). On average though it will be about 3% better than deepbit due to fees. .5% better if you want instant payout/no invalids/etc., this is in the long term though.
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