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Author Topic: Casual BTC mining and trading  (Read 1250 times)
kdewitt528 (OP)
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March 07, 2013, 02:26:23 PM
 #1

Hello Bitcoin forums! I just discovered bitcoin mining yesterday and I became highly interested in the subject.

I'm 15 and I want to do some casual Bitcoin mining. I don't want to go too far that my computer overheats or my GPU fries because I'm a careless person. I have an AMD Radeon 6850. Anyone who can give me any information at all including how to start, what clients to use, good ways to trade for stuff, etc, is awesome.

Thanks dudes.
RaTTuS
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March 07, 2013, 02:29:30 PM
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https://bitcointalk.org/index.php?topic=15918.0

In the Beginning there was CPU , then GPU , then FPGA then ASIC, what next I hear to ask ....

1RaTTuSEN7jJUDiW1EGogHwtek7g9BiEn
kdewitt528 (OP)
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March 07, 2013, 02:33:49 PM
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Thank you.

Does anyone know where I can find a graph or chart of the change of Bitcoin to USD conversion?
rickowens69
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March 07, 2013, 06:13:03 PM
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what kind of rates you guys think I could expect from my acer aspire 5741? It's got an Intel Core processor & Intel graphics (HD). 4 Gigs of RAM straight up
hpark4
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March 07, 2013, 07:09:21 PM
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how about a gtx 670?
Deafboy
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March 07, 2013, 07:09:55 PM
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Quote
...where I can find a graph or chart of the change of Bitcoin to USD conversion?
http://bitcoincharts.com/markets/
Select the market you want to see and click on the Trade history chart to see more options.
icey
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March 07, 2013, 07:49:44 PM
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what kind of rates you guys think I could expect from my acer aspire 5741? It's got an Intel Core processor & Intel graphics (HD). 4 Gigs of RAM straight up

To put it nicely, I wouldn't waste your time/money. Few years too late with that hardware
kdewitt528 (OP)
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March 07, 2013, 07:54:16 PM
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http://bitcoincharts.com/markets/
Select the market you want to see and click on the Trade history chart to see more options.
Thanks.

Can anyone tell me if mining with a Radeon 6850 is worth it? I mean, my parents pay the bills so... Yeah... It would be a profit no matter what.
Huxley
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March 07, 2013, 08:21:37 PM
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Without a rig any single graphics card in a computer you use IMHO will not be worth the time. And by that I mean, weeks and weeks to get pennies is not worth it if it stops you from doing other things on your computer. You will do much better allocating the time you would take setting up for pooled mining buying coins and trying to play the markets
kdewitt528 (OP)
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March 07, 2013, 08:39:13 PM
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Without a rig any single graphics card in a computer you use IMHO will not be worth the time. And by that I mean, weeks and weeks to get pennies is not worth it if it stops you from doing other things on your computer. You will do much better allocating the time you would take setting up for pooled mining buying coins and trying to play the markets
I'm allowed two hours a day on weekdays and I could just mine while I'm at school, sleeping, and after my two hours.
Marrs
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March 07, 2013, 09:34:52 PM
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A 6850 should generate somewhere around 250 MH/s, which will produce bitcoins equal to about $1.20 (USD) per day of full time mining, at current prices and difficulty.

It won't be very long before ASICs drive the difficulty up several fold, which will drop the revenue to pennies per week, as Huxley mentioned.


kdewitt528 (OP)
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March 08, 2013, 01:46:00 AM
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A 6850 should generate somewhere around 250 MH/s, which will produce bitcoins equal to about $1.20 (USD) per day of full time mining, at current prices and difficulty.

It won't be very long before ASICs drive the difficulty up several fold, which will drop the revenue to pennies per week, as Huxley mentioned.
Well, it looks like I learned about bitcoins at the very wrong time.  Cry
tkbx
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March 08, 2013, 03:19:12 AM
 #13

If you're doing "casual mining", you'd certainly want to do a mining pool. You don't make much in these, but it's a neat novelty to get you started faster than CoinTube and similar things.
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