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You shouldn't go with your mind set to "learn a programming language". A "programming language" is only an expression of the underlying art, The art of computer programming, there even is a multi-volume book bearing that title. Programmers ought to dedicate their career to master this art. I recommend Structure and Interpretation of Computer Programs. TAOCP is a legend, it's very lengthy but if you have enough time you can't afford to not to read it. This. Even though i am no master or anything like that, i loved the Lectures. |
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Yeah i thought of the same problem. I think what will happen is: many people do have a serious interest in promoting Bitcoin to the masses for everyday use. If that happens all the miners and traders now will see their stockprice secured. Because of this there will hopefully be bounties for solutions to the problems you described, as it has happened so often in the past. Just imagine an early miner with his thousands of BTC donating 1k BTC to the development of a more userfriendly application this problem would solve itself in an instant. I think the solution to this will come out of the interest of the many "stockholders" in the enterprise that Bitcoin has become, myself not excluded  |
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Also Botnets and jscript Miners will always be profitable.
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The most efficient miners will set the profitability, im afraid the most profitable miners right now are those who dont pay for electricity, the kids in their parents basements or at their companies or whereever no one cares. The rest of you who pay for electricity and/or maintenance will soon cease to be profitable. good thing i dont have to pay for electricity or maintenance, my mining rig is infinitely profitable right now.
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For those who believe this rapture rumour, I saw an interview with the man who started this allegation, and he said it'll start at 6pm with an earthquake felt all over the world.
A lot of Christians are going to be very confused and ashamed tonight... or a lot of Non-Christians are going to be super fucked for eternity.
6 pm EST or CET?  |
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If you like throwing money away, I'll sell you mine at $7.
Find me when you want to dump them at $5. It could happen tonight. This is where the rubber hits the road. Those who are in it for the long haul will stay in until the bitter end. The profiteers will drive the price down so that we can buy some cheap coins. I do not see such a thing happen in the short term. It rather seems that there are no buyers for the generated BTC. Also i do believe that the BTC price was hyped due to recent media attention. Price is correcting itself right now. |
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Hmm,
So i'll be looking for the extreme then...
Any recommendations on where I should buy this hardware?
Again : I'm from belgium...
Grtz
Your local hardware store /webshop? I can get them here for 110€ each but Sweden got high tax on high tax.. I think newegg had them for 140$ each (70-80€) so it would probably be around that price near you.. 140 $ is 100 € now .... EDIT: ist just saw that the local hardware dealer increased the price for the 5850 to 133 € (formerly 115€), wonder whats the reason  |
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i bought the hardware from my local hardware dealer for a reasonable price (115€ per sapphire 5850 xtreme), you might look at http://geizhals.at/eu/a630270.html for dealers that ship to belgium. |
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in constructed the exact same rig a week ago. let me tell you from experience: the 4 5850s fit nicely onto the mainboard, installed archlinux and am mining since. with about 1,1 Ghash/s. one problem is the tight packing of the graphics cards, which generate huge amounts of heat. if i could find a way to cool them more, i would probably get 1,25 Ghash, but so far no luck. other than that i got the parts for about 750 euro in germany, but i also didnt need a case and 1 gb of ram are absolutely enough. due to the huge increase in difficulty i fear the rig will lose profitability before it pays for itself. i should have invested the money right away, but now i have a nice mining operation running, thats also a lot of fun  |
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I have done my research, and conclusion is, it's gonna crash as soon as one of the Hoarders get's scared, and dumps his BitCoins on the exchange. I love the idea, but it reminds me to much of a time when many of my friends got into these "pyramid schemes" selling various crap. And let me just say, pyramid schemes work, when we all buy into them... the question is, why would a hoarder get 'scared'? at this point the hoarders are mostly people who mined EARLY -- ie: their investment isn't substantial in most cases. Why? Look, if you mined early, it may not be a substantial investment, but that has nothing to do with anything. Let's take an example, let's say I mined early and got an easy 10,000 BitCoins. When I mined it, it wasn't worth much, and cost me "nothing". So far so good. Today, however, those 10,000 BitCoins are worth say, in excess of 60,000$. That's 60,000$, out of "nothing", if you SELL, TODAY. So far so good, but have you ever played the stock market, or FX, or invested in commodities? Well, even these established markets peak and crash. So how do you feel when there's a security flaw discovered, or everyone moves on to the next great thing, or demand just falls because you can only buy crap, or some kind of negative government interaction takes place and your BitCoins starts tanking in value. Are you okay with losing 60,000$, just because the money was "free". It's like inheriting some penny stocks from you uncle, next thing you know they shoot up in value, not because of your brilliance as an investor obviously, but because of dumb luck, so you figure, well since they are going up, they must be going up some more, after all there are only so many of them, and everybody wants them because, well everybody else wants them. You gotta get off the roller-coaster sooner or later, so when are you gonna get off. What's you number? Well, IF you believe that Bitcoin is the Future and it will replace currencies like Dollar or Euro, you will never sell. If you don't there is bound to be a number, i agree. We will see if the hoarders believe in Bitcoin as a currency or as a method to get rich quickly. |
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i recently blew up my corsair 550 W PSU with 2* 5850 and athlon X4 cpu in my computer. now i have a 4 * 5850 mining rig with 950 W PSU and there are no problems whatsoever.
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well an official statement would surely help to shed light on these circumstances.
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No payouts going out to addresses... Users definitely loosing profit if those BTCs are not in the markets...
can only pay out when the blocks finish, plus it's a once an hour payout. well under these circumstances i should have been paidout long ago. well something must be broke, hope it gets fixed soon... |
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i switched to BTCmine since there was no payout! there isnt even a payout button on the user page. i am getting a little bit suspicious now...
EDIT: upon further investigation i suspect serious botnet activity on the pool
48 Ghash/s with 2000 connected workers indicates a whole lot of slow miners as only a botnet would have...
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lets hope amazon (or any other cluster) doesnt realize they can destroy the whole mining economy of bitcoin in an instant if they use their spare computing time. Would be funny to see some big player let loose their hashing power. in the end the most economical miner will win though, and thats the student in his dorm, where power supply is for free essentially ^^
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Funny thing, today i pondered over the same question. You showed that it is not profitable at all. Do you think renting only the obviously faster CUDAs could yield profit?
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would you care to elaborate how to do that? thank you in advance.
For windows Ctrl-Alt-Del Start task manager Processes tab Right click the mining program you are using Choose set affinity Deselect all Choose one worked perfectly. thank you! |
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Tip for multiple gpu users - assign all proccesses to one parcticular core. This way u will have only one core loaded 100% with no loss of performance.
would you care to elaborate how to do that? thank you in advance. |
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I got my Sapphire 5850 Toxic 1GB clocked 950/300 and that's pushing 363MHash/s and never goes above 60C (60% fan).
Even though it said that it couldn't adjust voltages I pushed it up slightly to 1.15 so the card became stable above 925 core.
If it couldn't adjust voltages, then how did you push it up to 1.15?? I am interested in that as well. When i try to change the Voltage Settings with RBE, it says there is only one fixed Voltage, 1,088 V. |
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