Bitcoin Forum
December 16, 2017, 09:39:56 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 »  All
  Print  
Author Topic: I mined $0.12 in 2 days!!!  (Read 2245 times)
D_Thomas
Member
**
Offline Offline

Activity: 66



View Profile
October 17, 2012, 06:09:23 AM
 #1

LOL. At least I got it to work. But I spent $0.48 to mine the $0.12 cents on my old PC using the CPU. I used the excuse to mine coins to get an ATI 5870 card. Card was not very expensive. I think with that video card I can earn more than the electricity used to run it. If not, at least I'll finally be able to play Battlefield 3 on my PC with the new card. : ) Trying to keep this fun...

***********************************
For random acts of kindness donations to me:
1NXNnVYnfmgWUyzGCsngbwyHQbSJGV4wCV
************************************
1513417196
Hero Member
*
Offline Offline

Posts: 1513417196

View Profile Personal Message (Offline)

Ignore
1513417196
Reply with quote  #2

1513417196
Report to moderator
1513417196
Hero Member
*
Offline Offline

Posts: 1513417196

View Profile Personal Message (Offline)

Ignore
1513417196
Reply with quote  #2

1513417196
Report to moderator
1513417196
Hero Member
*
Offline Offline

Posts: 1513417196

View Profile Personal Message (Offline)

Ignore
1513417196
Reply with quote  #2

1513417196
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
dank
Legendary
*
Offline Offline

Activity: 1134


You cannot kill love


View Profile
October 17, 2012, 06:17:37 AM
 #2

Cool

13oZY8zzWEp48XZpEEi8zSkYJF5AWR2vXc DMhYmNzMnU2Avgu7sF3GSDybHumj8XH8V8
Currently seeking plot of land to host 1,000,000+ person music festival
Dankmusic - Hear the impossible, feel the impossible, be the impossible dankmusic.org dankcoin.org
Metta28
Jr. Member
*
Offline Offline

Activity: 57


View Profile
October 17, 2012, 07:06:33 AM
 #3

At what rate are you hashing?

I also started two days ago and have accumulated 0.28 BTC

Keep on mining!!

Trades
Positive - 6                            Negative - 0
http://bitcoin-otc.com/viewratingdetail.php?nick=Metta28
bitcoinspace
Newbie
*
Offline Offline

Activity: 17



View Profile WWW
October 17, 2012, 07:07:10 AM
 #4

It would be best to simply go about getting a Butterfly Labs box located here - http://www.butterflylabs.com/products/ - You may earn what you spend on the box in maybe a year or two Smiley
BitcoinOxygen
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
October 17, 2012, 08:18:53 AM
 #5

Keep up the good work!!

BTCOxygen PPS Mining Pool 2% Fee  <<<  Join Now
Haihai
Newbie
*
Offline Offline

Activity: 20


View Profile
October 17, 2012, 09:50:18 AM
 #6

That's the same way I started.
Currently I have 3 cards running on a dedicated rig, hashing around 640mhash/s.
BitcoinOxygen
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
October 17, 2012, 10:03:51 AM
 #7

That's the same way I started.
Currently I have 3 cards running on a dedicated rig, hashing around 640mhash/s.

what card's are you using?

BTCOxygen PPS Mining Pool 2% Fee  <<<  Join Now
bitcoinspace
Newbie
*
Offline Offline

Activity: 17



View Profile WWW
October 17, 2012, 10:47:07 AM
 #8

That's the same way I started.
Currently I have 3 cards running on a dedicated rig, hashing around 640mhash/s.

6860s?
kslavik
Sr. Member
****
Offline Offline

Activity: 434


GET IN - Smart Ticket Protocol - Live in market!


View Profile
October 17, 2012, 02:00:10 PM
 #9

I just got myself ASUS 5830 last month from eBay for $110. I'm currently mining at 334 Mh/s with it. I already mined 4 BTC in about 35 days. Another 2-3 months and it will pay for itself.

Entire system is using ~200W measured with KillAWatt, so in 35 days it used 188kWh ($17 of electricity at .09/kWh).

5830/5850 seem to be the biggest band of the $ spend on them.


               ████
             ███  ███
           ████     ███
         ███  ███    ███
       ████     ███    ███
     ███  ███     ███    ███
   ████     ███     ███   ██
 ███  ███     █████████████████
███     ███     ███           ██
 ███      ███     ██          ██
   ███      ██████████      ███
     ███      ██████      ███
       ███      ██      ███
         ███          ███
           ███      ███
             ███  ███
               ████

GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
BitcoinOxygen
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
October 17, 2012, 02:03:42 PM
 #10

and i have a MSI 7970 on the way

BTCOxygen PPS Mining Pool 2% Fee  <<<  Join Now
BitcoinOxygen
Sr. Member
****
Offline Offline

Activity: 336



View Profile WWW
October 17, 2012, 02:10:04 PM
 #11

I just got myself ASUS 5830 last month from eBay for $110. I'm currently mining at 334 Mh/s with it. I already mined 4 BTC in about 35 days. Another 2-3 months and it will pay for itself.

Entire system is using ~200W measured with KillAWatt, so in 35 days it used 188kWh ($17 of electricity at .09/kWh).

5830/5850 seem to be the biggest band of the $ spend on them.

Play with the parameters of "cgminer" and also try to do an "undervolt". This will reduce the Mhash/s but may enhance your Mhash/W, thus saving you money while mining. The highest Hashrates usually will cost more power/Watt.

not if electricity is below $0.10

BTCOxygen PPS Mining Pool 2% Fee  <<<  Join Now
allthingsluxury
Legendary
*
Offline Offline

Activity: 1260



View Profile WWW
October 17, 2012, 02:16:51 PM
 #12

Your on your way to becoming a bitcoin millionaire! Hey as long as you are having fun, keep it up and like you said, you can always just play battlefield 3 Smiley

GernMiester
Sr. Member
****
Offline Offline

Activity: 284


View Profile
October 17, 2012, 02:32:02 PM
 #13

Yay, another dope losing money to electricity.. Way to go geniuses.
kslavik
Sr. Member
****
Offline Offline

Activity: 434


GET IN - Smart Ticket Protocol - Live in market!


View Profile
October 17, 2012, 03:06:17 PM
 #14

I just got myself ASUS 5830 last month from eBay for $110. I'm currently mining at 334 Mh/s with it. I already mined 4 BTC in about 35 days. Another 2-3 months and it will pay for itself.

Entire system is using ~200W measured with KillAWatt, so in 35 days it used 188kWh ($17 of electricity at .09/kWh).

5830/5850 seem to be the biggest band of the $ spend on them.

Play with the parameters of "cgminer" and also try to do an "undervolt". This will reduce the Mhash/s but may enhance your Mhash/W, thus saving you money while mining. The highest Hashrates usually will cost more power/Watt.

Actually, I already played with all the parameters and all the miners. I'm using Phoenix 2.0 for mining (it can also be controlled by using RPC-JSON from the website).  it seems that Phoenix 2.0 is the fastest miner for this card. The card is clocked at 1020Mgh and memory is clocked at 300Mgh.

Once the Miner is stopped, the system by itself is only using 92Watts, so video card itself running at 100% load using about 110W (which is not bad for 334Mh/s)


               ████
             ███  ███
           ████     ███
         ███  ███    ███
       ████     ███    ███
     ███  ███     ███    ███
   ████     ███     ███   ██
 ███  ███     █████████████████
███     ███     ███           ██
 ███      ███     ██          ██
   ███      ██████████      ███
     ███      ██████      ███
       ███      ██      ███
         ███          ███
           ███      ███
             ███  ███
               ████

GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
Fjordbit
Hero Member
*****
Offline Offline

Activity: 588

firstbits.com/1kznfw


View Profile WWW
October 17, 2012, 03:06:29 PM
 #15

Yay, another dope losing money to electricity.. Way to go geniuses.

Honestly, I think that everyone who uses bitcoins should mine a little at a loss, just to understand the process. It's not like he ran it for a year at a loss.

To the OP, I do want to warn you that it is unlikely that your card will pay for itself because the reward is halving at the end of November and it is likely that the difficulty will be going up greatly in the next few months due to ASICs being released. However, you will probably make enough money to keep ahead of the depreciation on your card.
kslavik
Sr. Member
****
Offline Offline

Activity: 434


GET IN - Smart Ticket Protocol - Live in market!


View Profile
October 17, 2012, 03:13:15 PM
 #16

I just got myself ASUS 5830 last month from eBay for $110. I'm currently mining at 334 Mh/s with it. I already mined 4 BTC in about 35 days. Another 2-3 months and it will pay for itself.

Entire system is using ~200W measured with KillAWatt, so in 35 days it used 188kWh ($17 of electricity at .09/kWh).

5830/5850 seem to be the biggest band of the $ spend on them.

Play with the parameters of "cgminer" and also try to do an "undervolt". This will reduce the Mhash/s but may enhance your Mhash/W, thus saving you money while mining. The highest Hashrates usually will cost more power/Watt.

not if electricity is below $0.10

My actual electricity rate is $0.048/kWh, the rest $0.042 out of $0.09 is from Customer Charge (fixed price), Distribution Charge, Taxes and other fees.


               ████
             ███  ███
           ████     ███
         ███  ███    ███
       ████     ███    ███
     ███  ███     ███    ███
   ████     ███     ███   ██
 ███  ███     █████████████████
███     ███     ███           ██
 ███      ███     ██          ██
   ███      ██████████      ███
     ███      ██████      ███
       ███      ██      ███
         ███          ███
           ███      ███
             ███  ███
               ████

GUTS
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
smart-ticket protocol for events
live product with market traction!
    ███
███
███
███
███
███
███
███
███
███
███
███
███
███
   
  BTC ANN
  WEBSITE
  BLOG
   
  SANDBOX
  WHITEPAPER
  BOUNTY
   
HolyScott
Full Member
***
Offline Offline

Activity: 178



View Profile
October 17, 2012, 09:05:18 PM
 #17

Make sure you don't spend it all in one place.
D_Thomas
Member
**
Offline Offline

Activity: 66



View Profile
October 18, 2012, 02:30:36 AM
 #18

I do have a pre-order in for one of those 4.5 GH/s ASIC devices. I give it a 50/50 chance it will ship for real but I've wasted more than $160 on dumber things in the past. So in the end if all goes well the ASIC device will pay off my 5870 video card ($110) and I'll end up with a decent video card to be able to play BattleField 3. Smiley

@Metta28 - Between 300 and 600 KH/s. Yes "K"H/s. Just doing it to learn the various aspects of BTC.

@GernMiester - When I mine a more substantial amount of coins I may donate some to you so you can buy yourself some sense of humor.

@bitcoinspace - I'm taking a change on one of their vaporware ASIC device...


***********************************
For random acts of kindness donations to me:
1NXNnVYnfmgWUyzGCsngbwyHQbSJGV4wCV
************************************
chuwalu
Newbie
*
Offline Offline

Activity: 6


View Profile
October 18, 2012, 02:46:43 AM
 #19

Thats what I make in LTC in 1 day running it on my iMac  Grin
ebitcoins
Newbie
*
Offline Offline

Activity: 1


View Profile
October 18, 2012, 04:21:51 PM
 #20


Yeah, I'm still considering one of the new ASICS... but then I imagine how over 9000 bitcoingeeks would be in front of me mining away Smiley

Its still neat to have a "bank account" that gets deposits every day from "interest" in Bitcoins.

J

Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!