Arcavum (OP)
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October 25, 2012, 07:14:08 PM |
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I tried getting the guiminer but it says my GPU doesn't support openCL, so I have to use my CPU. I'm just using my old clunker so I'm scared to try. Is it recommended that I avoid mining in this case?
I've been rather lost since I started trying out Bitcoins. I don't have a credit card or a bank so I can't get them the conventional way and due to the limited population supporting them, it's hard to find people who would pay me in bitcoins for any services I would offer. Most people that would pay for my services, would have no idea what bitcoins are.
I kind of wish that more online jobs would offer bitcoins as a payment option.
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Nootropic
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October 25, 2012, 07:16:03 PM |
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From what I understand the already-mediocre hash rate of GPUs is even worse on CPU, to the point where it cannot be possibly be profitable.
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SgtSpike
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October 25, 2012, 07:29:55 PM |
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You are right - it cannot possibly be profitable. You'll spend $5 for electricity in a month, and have only $0.20 worth of BTC to show for it. NOT worth it in any sense of the word.
What about BitInstant? No credit card or bank required. Just use cash.
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zenbarter
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October 25, 2012, 07:40:45 PM |
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You will use much more in electricity and wear-and-tear on your machine than you will make mining on a normal cpu.
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Beefsock
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October 25, 2012, 08:10:46 PM |
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You can try mining for litecoins. It's not as profitable but it is cpu mining specific.
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Adrianexi
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October 28, 2012, 12:27:58 PM |
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I tried getting the guiminer but it says my GPU doesn't support openCL
What GPU you have anyway? If you don't know, use this tool. Than check this list for your GPU or CPU relevant data. aaa perfect, I was looking for this
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Gabi
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If you want to walk on water, get out of the boat
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October 28, 2012, 12:30:43 PM |
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CPU mining is wasted time.
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Blazr
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October 28, 2012, 12:56:06 PM |
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CPU mining is wasted time.
+1 You will be very lucky to generate 0.01BTC by CPU mining
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jabberwok
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November 06, 2012, 03:06:13 AM |
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You can try mining for litecoins. It's not as profitable but it is cpu mining specific.
Now even LTC mining is better done on a GPU. If you have to mine on a CPU, LTC is still the way to go, but CPU mining is really just not worth it.
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2GOOD
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November 08, 2012, 01:29:03 PM |
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CPU mining is wasted time.
...and energy
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SurReality89
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November 08, 2012, 02:05:37 PM |
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You are right - it cannot possibly be profitable. You'll spend $5 for electricity in a month, and have only $0.20 worth of BTC to show for it. NOT worth it in any sense of the word.
What about BitInstant? No credit card or bank required. Just use cash.
so do you send money in the mail? how does this work?
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Proxiebuier
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November 08, 2012, 02:44:58 PM |
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You are right - it cannot possibly be profitable. You'll spend $5 for electricity in a month, and have only $0.20 worth of BTC to show for it. NOT worth it in any sense of the word.
What about BitInstant? No credit card or bank required. Just use cash.
so do you send money in the mail? how does this work? Send some cash in, with some info, In the lettermail, And they will send you bitcoins. Sound shady? Dont send Cash. Use the other methods
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Crookid
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November 08, 2012, 03:09:54 PM |
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you can deposit in a bank
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Proxiebuier
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November 08, 2012, 03:20:35 PM |
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you can deposit in a bank
A Wuhh? He wants to buy bitcoins...
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SurReality89
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November 08, 2012, 05:14:34 PM |
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no he's right i figured out there was a place that says "how it works" lol and yea i you take cash to somewhere like a bank or walmart/albertsons i guess for a moneygram, but money gram charges for the transfer. so its not really cash deposit.
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