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Author Topic: How many newbies are mining?  (Read 24282 times)
Uncle Scrooge
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June 16, 2011, 05:40:39 PM
 #181

I'm using a collection of older motherboards and video cards for mining.

I've found that my ati 4850 needs additional cooling so I bought a artic cooling vga cooler to tame it. It was running at 108 C on the the stock cooler. Sad
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nameless
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June 16, 2011, 05:49:15 PM
 #182

i am thinking mining for a while, just dont have much encouragement...but now i figure it out that even bitcoin collapses, i still have a good graphic card for gaming, thats enough for me...
nixpins
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June 16, 2011, 06:04:10 PM
 #183

My UPS guy got here yesterday, but it came with bad news.

Pulled my shiny new Radeon out of the box, opened my case, and slammed that puppy home. Then I went to hook up the pci-e power to it and IT WASN'T THERE! Crappy Dell had no connection for pci-e power and I didn't think to look before hand  Angry  Found a nice replacement that will fit my box but now I need to come up with another $75 for it  Sad In the meantime I'm mining with a Nvidia 210 which is so slow that I'd probably do better mining with a slide rule  Grin


No luck with 4-pin molex -> 6-pin PCIe adapters? That sucks, I feel for you man. There's very little worse-feeling than coming to the end of a project and getting waylaid by some small, seemingly meaningless detail that was nevertheless overlooked.
paisan
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June 16, 2011, 06:22:35 PM
 #184

I'm a newbie and I'm mining and it is a disaster.
I have

Macbook Pro with GeForce 9600M and GeForce 9400M
Mac Mini with GeForce 320M
Desktop Computer with GeForce 8800GTX

I need to replace that desktop card ASAP.
dutt
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June 16, 2011, 06:31:36 PM
 #185

I really don't think there is any money in mining at this point. You are better off just buying coins.

relm9
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June 16, 2011, 06:48:39 PM
 #186

I've been mining for a month. 6970 and a 5830 pushing around 650MHash/s
spoon
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June 16, 2011, 06:59:15 PM
 #187

I was mining for about a week on an older nvidia card and a core 2 duo. Just got my new video card and it's going 5 times as fast and that's without trying any tweaks.
shamathana
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June 16, 2011, 07:21:28 PM
 #188

the electricity prices are high, btc prices kinda crashed, i have only geforce graphic cards, difficulty is rising so its not looking that bright. and getting a new pc(my old one is still quite good except at mining) will cost at least 500€, so it's quite an expensive gamble i'm not willing to take.
Yatta99
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June 16, 2011, 07:24:34 PM
 #189

No luck with 4-pin molex -> 6-pin PCIe adapters? That sucks, I feel for you man. There's very little worse-feeling than coming to the end of a project and getting waylaid by some small, seemingly meaningless detail that was nevertheless overlooked.

It's an Optiplex 745 so it only has SATA connectors, no molex connectors. It's always that last little detail that gets you  Undecided The spare psu I have laying around does have a PCIe connector, but it's only 250w. Trying to mine with that and any (semi) serious card and the computer would likely burn down, fall over, and sink into the swamp  Grin

Tips for new box to: 16s14wcsNo5TcdsGLttL7B1XWiCv8E4L6A
Bleak Morn
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June 16, 2011, 07:28:05 PM
 #190

Just wondering how many actual miners there are in the newbie community...

I've been mining for about a month


Getting about 0.02 BTC a day at 16,400 Khash/s.

I'm more of a services-sector kind of guy, so I don't really have plans to enhance my rig.
Sydetracked
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June 16, 2011, 07:36:26 PM
 #191

I started mining about 2 weeks ago.  I got a radeon 6850 and I get ~200M#'s.  Its okay I guess.  I make about 1btc every 3 to 4 days on Deepbit.  almost at 6 now.  I don't run it 24/7 though.  I tend to mess with settings.  I got it up to 235M# with overclocking but I had to keep the fan at 100% to keep the temp stable.  It ran hot (about 70 degrees) so I turned off the OC.  I'd rather not burn out the card.
Miner SiX
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June 16, 2011, 08:11:02 PM
 #192

I'm mining second week now. Didin't go crazy and buy highend mining rig for this, just using the spare clock cycles of my gaming pc. It gets ~400 Mhash/s with oc'd 6950@6970 radeon. The market is too risky for me to invest a dime for except electricity, but I made about 100 usd at first week while mining BTC. Now the system is pointed towards namecoins, those seems to give better returns with current trading rates.
BlueThursday
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June 16, 2011, 08:19:45 PM
 #193

Based on the exponential growth in difficulty, one would have to assume that quite a lot of newbies are mining.
italeffect
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June 16, 2011, 08:41:26 PM
 #194

Yes certainly a lot of new folks have gotten in the game, likely without considering the costs, difficulty increases, and volatility in exchanges, looking to make quick $.
 I'm doing it for fun with very little startup costs (had a bunch of spare parts/ old gaming rigs) and if there is some money in it down the road that will be a nice bonus.

Dash: Xdopotr3eAHpsSCMkUyU2YWP3WQWb5X3t8
finnthecelt
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June 16, 2011, 08:48:36 PM
 #195

Based on the exponential growth in difficulty, one would have to assume that quite a lot of newbies are mining.

That and existing miners adding to their rigs. Getting into mining is like trying to open up a burger joint with your friends next to a McDonald's. Better have the goods. And that includes iron guts. But don't immediately move to discouragement. Look at namecoin mining as well.
InstaGx
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June 16, 2011, 08:54:21 PM
 #196

I started last Friday with mining. My HD 5770 does 200 MH/s @ 960Mhz.
Another 5770 currently on the way.

Let's hope the price will rise again!

Buy High - Sell Low
finnthecelt
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June 16, 2011, 10:26:48 PM
 #197

I started last Friday with mining. My HD 5770 does 200 MH/s @ 960Mhz.
Another 5770 currently on the way.

Let's hope the price will rise again!

Remember though that higher prices brings more miners which leads to greater difficulty yielding less BTC which means you make less..........     Undecided
Skeenz
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June 16, 2011, 11:41:44 PM
 #198

I don't think there's any "real" newbie community.
We are all part of the larger bitcoin community, with the only difference being that we have to wait for our n00b status to be lost before we can post in the other sections.  Cool

Having said that, I've been mining long before I even created an account on the Bitcoin forums.  Grin
WebMonkey
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June 16, 2011, 11:51:33 PM
 #199

i'm uber new to mining.

started less than a week ago with a 4870 i already had.
that went away and helped buy a 6970.
it's doing the average for a 6970.  just underclocked the memory.

have tried 3 pools and the first 2 were fine, the one i'm on now, i'll hold on untill the round is over then i'm pretty sure i'll head back to one of the first two Smiley

interesting.

'monkey

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taqistan
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June 17, 2011, 12:08:52 AM
 #200

I have been mining for about a week now..earned one whole Bitcoin.  At least I am covering the cost of electricity. 
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