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2221  Other / Beginners & Help / Bitcoins usage in India on: August 12, 2012, 03:36:49 AM
Guys,

Anyone from India? I want to gauge interest in $ / INR transfers through bitcoins. I have not noticed many people from India on this forum.

Thanks
2222  Other / CPU/GPU Bitcoin mining hardware / Re: best mining settings for 7970 on: August 12, 2012, 03:20:37 AM
Just ordered 3.6GH/s worth of FPGAs a few days ago. When I started mining way back March last year, a 5670 could earn ~3 BTC/day and electricity was 17c/kwh.

Which FPGA hardware did u go for?
2223  Other / CPU/GPU Bitcoin mining hardware / Re: Countdown to radeon 7990 on: August 12, 2012, 03:17:41 AM
This is epic.

Most mining rigs use ext. Powersupply anyways Smiley
2224  Bitcoin / Pools / Re: [1300 GH/s] EMC: 0 Fee/PPS/DGM/Merged Mining/PayPal Payout/SMS/Yubikey/More on: August 12, 2012, 01:44:33 AM
CGminer just switched back to eclipse.

 [2012-08-1X XX:41:52] Accepted fdc63791.c93704e4 GPU 0 pool 1
 [2012-08-1X XX:41:52] Pool 0 http://us2.eclipsemc.com alive
 [2012-08-1X XX:41:52] Switching to http://us2.eclipsemc.com
 [2012-08-1X XX:41:54] Accepted afe6b602.03c418bf GPU 0 pool 1
2225  Other / Archival / Re: Pictures of your mining rigs! on: August 12, 2012, 01:41:07 AM
I would have the hard drive flat on a surface. Preferably screwed down. A $40 rack from Home Depot might tidy things up a bit and get you closer to the window.
Oh its a SSD, OCZ Onyz. Got it free with an Agility 3 from Newegg.
2226  Bitcoin / Pools / Re: [1300 GH/s] EMC: 0 Fee/PPS/DGM/Merged Mining/PayPal Payout/SMS/Yubikey/More on: August 11, 2012, 11:36:46 PM
+1
bump
2227  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt Chains are the future on: August 11, 2012, 11:28:22 PM
I think free market may choose currencies with Proof of Work that can be done on CPU /GPU / FPGA based computers, because minor tweaking in the crypto algorithm will not entail new hardware (read ASIC) investments and would not make a whole generation of devices worthless.
2228  Bitcoin / Bitcoin Discussion / Re: I just made my first Bitcoin ATM withdrawal... 3BTC from my printer. on: August 11, 2012, 01:21:47 PM
very nice! Can I have them? Cheesy

I'm hoping yes... I'm planning on releasing the source code I used to print these.

Thanks a lot!
2229  Bitcoin / Bitcoin Discussion / Chase bank not feeling comfortable on: August 11, 2012, 01:01:23 PM
http://www.youtube.com/watch?v=JGEppgLna8U&feature=youtu.be
2230  Other / CPU/GPU Bitcoin mining hardware / Re: Does this Rig look Good? on: August 11, 2012, 02:55:55 AM
Fist time putting together a dedicated mining rig. I dont want to here about asic or fpga.

ASRock 970 EXTREME4

(3) Radeon HD 7970

SeaSonic 1050

8GB GSkill

AMD Phenom II X4

Corsair 16GB USB Flash Drive or 500GB SATA Drive (I wanted to run BAMT but it seems Win 7 has more tools)

Over spending in any area?

All suggestions would be much appreciated.

Thanks

 
If need be, I am willing to spend BTC to get the best setup.


 

Do u plan to use windows or Linux. 1050 is a bit overkill. 750 Gold is what i am running with 3x7970 (Linux).
2231  Bitcoin / Mining / Re: the first miners on: August 11, 2012, 12:11:28 AM
a friend of mine told me about btc around 2010, i downloaded the client by then but got bored to try mining. I didnt think bitcoin was something useful to care about. Silly me...
I read an article in Slashdot in late 2010, downloaded the client, and didn't care much, since the client was not able to connect to the network behind my workplace firewall.
Then I read on  slickdeals.net forum that 5830 was flying off the shelves in Jun 2011 because of mining. The rang my bell! And soon I ordered 3 6950 GPUs and got into the race.  Unfortunately the difficulty was sky high last summer, but each bitcoin was selling around $20, so it seemed lucrative.   
2232  Bitcoin / Hardware / Re: BFL ASIC is bogus on: August 10, 2012, 05:45:09 AM
Don't be so sure about that, the competition isn't sleeping. And that's not the bottom line.
The bottom line if there is another fpga conversion asic before BFLs "extended" deadline people gonna be duped.

As I already pointed out, I'm glad the competition isn't sleeping because current FPGA's prices are absolutely outrageous. 1 to 3.5 gmash for $150 will pull correct the current FPGA price gouging.

Except in the case of BFL it might turn out to be no ASIC of any kind but some next-gen FPGA like Kintex-7. That would even be consistent since BFLs main asset seems to be to be able to obtain mid-range FPGAs at wholesale prices. So they could have just made up some performance figures... you figure out the rest. (Mind you the singles were introduced to contain ASICs too.)

I don't know whats the ETA for the next-gen xilinx FPGAs but I wouldn't be surprised if it happens to coincide with the BFL deadline.

I agree that completion is good for the market, the problem is BFL isn't playing fair, neither to the market nor their customers,
Kintex is already available. I have seen FPGA computing boards with Kintex-7 in some tech show.
2233  Alternate cryptocurrencies / Mining (Altcoins) / Re: [LTC] An (even more) optimized version of cpuminer on: August 10, 2012, 05:34:17 AM
Thanks pooler! Saw improvement right away on a Core i5-3570 K. Thanks
2234  Alternate cryptocurrencies / Mining (Altcoins) / Re: [LTC] An (even more) optimized version of cpuminer on: August 10, 2012, 03:03:55 AM
The scratchpad used for scrypt is 128.5kB, so a 256kB L2 cache is enough to not have to use the L3 cache. (except maybe when a lot of task switching is done)

For processors without cache or a very small cache you want lower latency more than a higher bandwidth.

It's 256kB but 8-WAY set associative, essentially 32KB per set.
2235  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC mining with Reaper on a 7970 on: August 10, 2012, 02:59:11 AM
i have allways 100% usage on cpu. how i can fix that?  Huh
Use latest cgminer 2.6.1  and run with --scrypt option
2236  Economy / Speculation / Re: $12!!!!!! on: August 10, 2012, 02:50:14 AM
mining is fun again! ;-)

As is speculation!  $12/BTC happens to mark roughly the point where I've doubled my speculative investment (were I to cash out at least...and I've zero inclination to do so.)

FWIW, $60/BTC is where I declare victory on my gamble.  At around $100/BTC is where I sell a little to recoup the funds I input.  In the $1000's/BTC I start spending them for things I want.

I continue to consider the most likely outcome for my speculative investment in Bitcoin to be total loss, but less and less so as time goes by.



Almost 40KBTC was sold into the spike and nearby trades today.

2237  Economy / Service Discussion / Re: Bitcoin hit $1 BILLION TODAY!!!?! Gox Volcano just exploded again... on: August 09, 2012, 03:57:10 PM
All,

Welcome to the club Billion.

Have fun.
2238  Economy / Speculation / Re: End of year price prediction on: August 08, 2012, 06:41:32 AM
my guess, sometime between Oct 2012 and Oct 2013, more biased towards the latter than the former

bump
2239  Other / CPU/GPU Bitcoin mining hardware / Re: Your Electricity Cost per Kwh (Which country is the Most Expensive) on: August 08, 2012, 03:58:53 AM
The charge is for both generation and distribution. Bill total divided by total KW used was a bit shy of $0.15/KW, but it would obviously go up with more mining since any more power used would be at $0.25/KW.
Grrr, this is a total ripoff. Probably SCE transmission cables are gold plated like Monster cables Cheesy
2240  Other / Archival / Re: Pictures of your mining rigs! on: August 08, 2012, 03:34:11 AM
I just gotta ask, why is it setup like that, or how did it evolve into that? Why not spend an hour organizing everything, and putting a big fan to help cool everything down?
The primary reason (Keep all the computers as near to the vent fans as possible).

Here's the chairman



Here's a side profile. I had to be parsimonious with the 110V sockets, thus I used 80mm and 120mm fans.



Another view from the top. Since I am a very short guy, it was hard for me to get this angle yesterday. I stood up on a chair to get this.

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