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Topic: Some Questions (Read 558 times)
pghbsa
(OP)
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Some Questions
February 20, 2013, 02:11:31 PM
#1
I plan on using a VPS very low specs but i want to use a pool. What would my return be? Keep in mind i don't really care if i get fraction or a coin.
THe VPS will be ubuntu linux or Debian What is a good CPU miner for linux since it will be a VPS i wont have access to the graphics card...
Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
any ideas?
debianlinux
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Merit: 100
Re: Some Questions
February 20, 2013, 02:22:18 PM
#2
I am relatively certain that if you peg the CPU on a VPS you will find your account terminated.
Gabi
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If you want to walk on water, get out of the boat
Re: Some Questions
February 20, 2013, 02:33:51 PM
#3
It will be useless
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.
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BitFence
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pghbsa
(OP)
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Re: Some Questions
February 20, 2013, 02:56:09 PM
#4
So i wouldnt gain any amount of BTC at all? And what is ASICs?
battmann
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I am a student of programming and design.
Re: Some Questions
February 20, 2013, 02:59:03 PM
#5
I've done it, used guiminer, made about 2cents after three weeks. It'll just fry your CPU dont do it bud
pghbsa
(OP)
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Re: Some Questions
February 20, 2013, 03:04:46 PM
#6
How long ago was that? And what is ASICs?
Gabi
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If you want to walk on water, get out of the boat
⇾
Re: Some Questions
February 20, 2013, 03:09:53 PM
#7
https://en.wikipedia.org/wiki/Application-specific_integrated_circuit
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▐
.
..
BitFence
..
▐
.
.
REMOVE HACKERS FROM YOUR NETWORK
.
PRESALE:
APR 1, 2018, 0:00 UTC
CROWDSALE:
MAY 1, 2018, 0:00 UTC
WEBSITE
●
WHITEPAPER
●
ANN
●
BOUNTY
●
TWITTER
●
TELEGRAM
●
GITHUB
Aahzman
Hero Member
Offline
Activity: 602
Merit: 500
Your *what* is itchy?
Re: Some Questions
February 20, 2013, 03:15:22 PM
#8
https://bitcointalk.org/index.php?topic=15918.0
<-- start here. Lots of info about bitcoin, mining, wallets, etc.
https://bitcointalk.org/index.php?topic=140578.0
<-- then this. ASIC discussion.
Don't waste any money before you come far more informed about bitcoin, the economy around it, and the scene/community.
⚡Semux⚡
High Performance BFT Blockchain
Free Airdrop
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New Consensus
mjc
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Activity: 588
Merit: 500
Available on Kindle
Re: Some Questions
February 20, 2013, 03:25:48 PM
#9
You should be able to make 0.0001 BTC /day until ASIC comes along, then it'll be about 1/50 or 1/100th of that.
Here's why:
http://bitcoinsbs.wordpress.com/2013/01/16/how-much-mhash-does-it-take-to-mine-1-btc/
Kindle : Bitcoin Step by Step (2nd Ed) :
http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Kindle : Bitcoin Mining Step by Step :
http://www.amazon.com/Bitcoin-Step-by-ebook/dp/B00A1CUQQU
Facebook :
https://www.facebook.com/BitcoinStepByStep
Twitter : @BitcoinSbS
k22k
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Activity: 51
Merit: 0
Re: Some Questions
February 20, 2013, 11:06:44 PM
#10
you are wasting your time trying to mine via a vps. If you have a decent graphics card you can do some mining just to get the feel for it but you probably won't make profit.
ASIC's are basically computers designed for a specific application, in this case bitcoin mining or doing the hashes so they are a lot faster than even top graphics card gpu's and also use a lot less power. But there is a waiting list for all the current ones on sale I think so if you ordered now you might have to wait a few months and by then it may not be worthwhile.
toz
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Merit: 0
Re: Some Questions
February 21, 2013, 01:31:38 AM
#11
Quote from: pghbsa on February 20, 2013, 02:11:31 PM
Basically i just want a set up that will return coins or fractions of a coin, don't care how long it takes....
You're about two years too late. You'd get pennies a week, if even. You would mine an amount equal to about a hundredth of the cost of the electricity you'd be using.
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