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3921  Alternate cryptocurrencies / Mining (Altcoins) / Re: [LTC] An (even more) optimized version of cpuminer on: January 05, 2013, 06:52:07 PM
I must be utilising this wrongly;

it tells me its initialising 4 threads but nothing more, even minutes later. do i need this in the litecoin directory?
3922  Other / Beginners & Help / Litecoin mining with cgminer and cgeasy on: January 05, 2013, 05:02:01 AM
i am trying out litecoin mining on my laptop (i7 620 CPU and NVS-3100m GPU), but it seems only the GPU is producing any work (and only ~4.3khash/s).

i configured with easycg to create the following batch file:  cgminer --scrypt -o http://mine.pool-x.eu:8337 -u klondike_bar.1 -p x --shaders 40 --intensity 12 --worksize 128 -g 1

it seems that only the GPU is creating hashes, despite being under the idea that my CPU should be able to provide sufficient hashrate as well (especially in 64-bit environment?)


also, can anyone clarify whether theres further tweaks i should employ? what is the effect of worksize?
3923  Other / Beginners & Help / Re: The ten minutes between blocks on: January 04, 2013, 07:10:20 PM
just to expand n this question, why does it then take up to an hour or more at times to confirm "unconfirmed" transactions? shouldnt it take 10 minutes for each of the 6 needed confirmations?

(as mentioned, ive seen it take over an hour sometimes before it even gets from unconfirmed to 1/6 or 2/6 confirmations)
3924  Economy / Lending / Re: [CLOSED]1 BTC Loan - Repaying 3 BTC [CLOSED] on: January 04, 2013, 05:34:50 PM
pot is addictive, and has withdrawal symptoms.

not much of either, but they are there and if you doubt me please do as suggested above and simply quit for a full workweek (no smoking between monday morning and saturday morning (no smoking on friday night even!). Its a quick and easy test and by the weekend youll know whether you have any sort of dependencies on it.

question 2: when you last ran out, and it took more then 24hrs to restock, did you find yourself scraping out the grinder, smoking empty bowls hoping for resin, or otherwise substituing other herbals to try and get your relaxing buzz? A lot of people do, and thats a sign of dependance
3925  Other / Beginners & Help / Re: BFL ASIC products, worth it? on: January 04, 2013, 05:23:53 PM
there are still people making money with thier GPUs or FPGA setups, but not enough to justify the risk of buying additional hardware with the looming ASIC releases.

If ASICs are not delivered by any company, then a new GPU/FPGA investment could pay for itself in about a 1-1.5 year period (give or take electrical cost and hardware price changes). However, if ASICs are released, that could change to 10+ years or not at all (although some small profit may be made over the cost of power/cooling it wouldnt pay for the hardware)

Likewise, once ASICs hit the market and take over the majority of computing, they will raise the difficulty and slowly saturate the difficulty/profit/hardware cost equation such that it will approach the point that FPGA mining is at now, with 1+ year hardware payoff times. The big debate is how long this saturation period will take, with the huge number of *supposed* preorders and some philisophical debates over how quickly people adopt new technology
3926  Economy / Services / Re: Pissin' People for Bitcoin [WTS] on: January 04, 2013, 05:15:43 PM
hmm, option 1 sounds good.

your mom gets really randy when shes pissed off by her stupid live-at-home kid
3927  Other / Beginners & Help / Re: [WTS] $15 Visa Debit Gift Card - 1 BTC on: January 04, 2013, 05:13:55 PM
valid points, but perhaps the OP did not feel that a $15 card was worth waiting 4hrs in forums to advertise?
3928  Other / Beginners & Help / Re: [WTS] $15 Visa Debit Gift Card - 1 BTC on: January 04, 2013, 04:13:04 PM
Why is this in the newbie forum instead of the marketplace forums?

It's a philosophical question with many possible answers few of which would prove wrong.

noobies cant post in any other section until they spend the required time + posts on this site
3929  Other / Archival / Re: Pictures of your mining rigs! on: January 04, 2013, 04:11:30 PM
Are those windows blinds on that laptop?

i think its a reflection of an ACTUAL window w/ blinds  Cheesy

*first post outside noobie section!*
3930  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 04, 2013, 03:56:23 PM
what does it consider as a "day"? first or last free play?

I started at about 2am, then played again around 3pm. as of 10am i still cannot play without a bid.
3931  Other / Beginners & Help / Re: [WTS] $15 Visa Debit Gift Card - 1 BTC on: January 04, 2013, 03:53:43 PM
I'll buy it. Would you allow me to purchase something with it first before allowing the escrow holder to release the BTC to you?

^that sounds like the best method, as bitcon transfer is permentant, but both of you will know the card's account numbers until it is spent
3932  Other / Beginners & Help / Re: Free 0.01 BTC for 10 second survey on: January 04, 2013, 05:31:03 AM
says no more coins Sad
3933  Other / Beginners & Help / Re: BFL ASIC products, worth it? on: January 04, 2013, 01:25:21 AM
^well stated. An ASIC device is a *theoretical* good investment, and i intend to buy from the first demonstrated manufacturer.

however, ASIC mining will quickly become a big thing, and the difficulty will scale up VERY fast.
3934  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 03, 2013, 10:54:47 PM
id love to submit a few good (yet straightfoward) Q&A for the site in exchange for minimal compensation.

I have a degree in nuclear engineering, so would love to throw in a few good questions about fission, fusion, uranium, etc. (PM me with an offer if you are interested)

Nuclear engineers making a living writing trivia questions! We are all doomed if that's the going rate.

hah i dont consider it my living :p  more like a fun side project where i can earn my way towards my first bitcoin (im at 30mBTC)
3935  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 03, 2013, 09:37:54 PM
id love to submit a few good (yet straightfoward) Q&A for the site in exchange for minimal compensation.

I have a degree in nuclear engineering, so would love to throw in a few good questions about fission, fusion, uranium, etc. (PM me with an offer if you are interested)
3936  Other / Beginners & Help / Re: Free bitcoin for answering trivia :-) on: January 03, 2013, 07:11:09 AM
would be nice if betting could start at 0.0005BTC Smiley
3937  Economy / Micro Earnings / Re: Free Bitcoin Sites *and* Free Newbie Lotto on: January 03, 2013, 03:50:38 AM
Has anyone done the math on how much USD you get from only visiting the Free Bitcoin sites daily?  They're sending such miniscule amounts, .0005 bitcoins?  After visiting all of the sites, do you even make a single penny per day? 

in about 1hour of work (spread out over about 24hrs), ive received about 2 mBTC (roughly a few cents USD), and *might* have a few more payments on the way.
3938  Economy / Micro Earnings / Re: Free Bitcoin Sites *and* Free Newbie Lotto on: January 02, 2013, 06:59:55 AM
entering myself!   Id love to kickstart my wallet!   

1DFVttGkraZufW1FeDR1j9aR7APJby7txY
3939  Other / Beginners & Help / Re: Hi all, another newbie looking to guidance.... on: January 02, 2013, 04:57:02 AM
I still see ASIC tech as taking some time to ramp up from its current state (production, pre-testing) through the stages: proof of concept, delivery of pre-orders, verification by ASIC owners that the technology in fact works, then several waves of buy in and improving tech.

As i see it it could take a month or 2 simply to distribute the pre-orders, and another 3 months to saturate the market of serious and semi-serious miners. Even at that point i see this technology providing an Return-On-Investment (ROI) within a 3-6month period.

I might be making the wrong assumptions (correct me if so) but i feel that buying a "single" from the first company to market (after filling any pre-orders) for ~$1000 (lets say this is meets the claimed 55-74Ghash/s), it would provide at minimum ROI within 2013, if not 200-300% ROI if the unit can be secured early.

But currently, there seems to be no profitability in buying equipment for mining, unless you plan to use a GPU for resale or personal use once it reaches the difficulty that electricity cost = btcoins mined  (where i live that sits around 1 Mhash/joule)
3940  Other / Beginners & Help / Re: Melting Coins? on: January 01, 2013, 11:02:09 PM
id imagine the process of melting [lets say] pennies would require cleaning the surface of oxidation, dirt, greases, etc and doing this would incur additional cost.

LETS PRETEND (i dont know exact numbers):

penny is actually worth 1.5 cents of raw metal
costs 0.1-0.2 cents per coin to properly clean the material
costs 0.2 cents per coin to heat to melting temperature
takes TIME to clean and smelt the coins, lets say for a single "batch" its 1hr cleaning and 1hr smelting). Additional time to sort coins and remove debris

At this point, it would profit about 0.1-0.2 cents per coin, and at least 2hrs to clean and melt the coins down to a metal bar. Assuming you want to make $50 an hour, you would need to work with 35000 coins

This doesnt include the effort and time needed to obtain the coins and supplies, sell the end materials, and also the initial up-front equipment (probably $1000 for a decent smelter). I personally dont see the profit in it.


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