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Author Topic: How many newbies are mining?  (Read 24765 times)
Boov
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June 15, 2011, 10:40:16 AM
 #121

I'm just doing a bit of casual mining on my 6850 crossfire gaming rig.
Started a week ago, only just now have I got 1 BTC Sad
I'm slow, although I am only running it for two - three hours a day Smiley
1714046258
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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FractalUniverse
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June 15, 2011, 11:28:27 AM
 #122

looks like with  difficulty rising it may soon become unprofitable to mine in some countries with high electricity costs. (until BTC value rises as well)

better to relocate your rigs to india  Cheesy
CBBlackWolf
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June 15, 2011, 12:56:18 PM
 #123

I just started less than a week ago. I'm getting about 180-185 Mhash/s with my slightly overclocked 5770.
lebuen
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June 15, 2011, 01:04:18 PM
 #124

Started 2 days ago, doing around 1.3 GHash/Sec with 4x5850 (not running at full speed yet, have to improve cooling)
5grainsilver
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June 15, 2011, 01:31:16 PM
 #125

Thought about it, but pretty sure I am late to this party.
finnthecelt
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June 15, 2011, 01:56:14 PM
 #126

i started since 2 week ago but i use nvidia and that'not good

Switch to ATI immediately. But you know this  Tongue
finnthecelt
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June 15, 2011, 01:57:45 PM
 #127

Thought about it, but pretty sure I am late to this party.

If the exchange rate rises with difficulty you may not be late.

You may just want to buy BTC as you would invest in ounces of silver (I own both now).
zerokwel
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June 15, 2011, 02:05:50 PM
 #128

i get 180mhash on stock with a 5770 just had to add -v -w 128 -f 0. the CCC util for some reason is not overclocking my card so going to have to play around with that later.

Lugard
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June 15, 2011, 02:11:20 PM
 #129

Im mining... doing about 225 m/h with my main 6830.  Hoping to add a video card to my wifes comp to start mining from there as well... plus better for her games Smiley
aXe
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June 15, 2011, 02:16:19 PM
 #130

I'm mining for about a week now, just testing how erverything works

currently running 1 5850 but there will be another Card in there soon

But due to the big difficulty increasement I am not so exited anymore as I was when i started Cheesy...

P.S.: where can i get an invitation for Bitcoinmarket.com
And is it possible that the Total Network Hashes just increased to ~13.000THash/s ? just after difficulty increasemend?
wndrbr3d
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June 15, 2011, 03:21:06 PM
 #131

I started earlier this week on my Q6600 with a 295GTX. Needless to say I had Amazon overnight me a 6870 to replace the nVidia card Wink

I'm trying to get ufasoft running on my 24-core Xeon server, but it's giving me issues  Tongue
DarthMagma
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June 15, 2011, 03:48:05 PM
 #132

Started about a week ago, almost exclusively CPU mining since I'm running mostly low-end nVidia and a get more from the CPUs than the GPUs.  That said, I'm just setting up a couple 6970 rigs and am in the process of optimizing.  I've got a few questions but haven't hit the newbie threshold to post any questions in the relevant mining threads.  Only a couple more to go!  Currently mining at 500-800 MH/s.
honeybadger
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June 15, 2011, 04:47:15 PM
 #133



I just plunked down the cash for 2x 5830. Hopefully Purolator Express gets them here by the weekend. Then I can join your esteemed ranks!

 I wish I had started a year and a half ago when I first heard of BTC mining. Oh well...split milk and all that.
DallasCoinCo
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June 15, 2011, 05:00:07 PM
 #134

I have been mining about 40%? of the time for 11 days. Received .76 bitcoins so far.
I pool with mining.bitcoin.cz as it's not practical for hobby miners to mine solo.

My setup is a single GTX460 that mines when im not playing vidya games Smiley

I have spare boards and psu's, as well as a 8800gtx and a hd3850 from older computers that I have started to rebuild to mine.

http://i55.tinypic.com/fc430z.jpg

Also, I mine (process transactions) to contribute to the bitcoin community. It's a win/win Cheesy
Byung
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June 15, 2011, 07:41:15 PM
 #135

I am just about to jump onto the bandwagon Cheesy luckily in my rig right now I have crossfired 5850's
tehcodez
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June 15, 2011, 07:43:22 PM
 #136

That mining dog has gone to hunt. If you haven't started, don't.

Given the difficulty, only btc to be mined now is by miners who already have rigs.
Slab Squathrust
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June 15, 2011, 07:45:59 PM
 #137

I am mining.  Got two 5870s running 24/7 using free electricity! 
btcash
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June 15, 2011, 08:08:21 PM
 #138

I think it is a waste of time and energy to start minig.
Difficulty increases 50% every every two weeks and makes new hadware unprofitable.

The only way for newbies to profit by BitCoins is daytrading or longterm investments.
optimusprimal
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June 15, 2011, 08:59:25 PM
 #139

haha yeahhh it's not that smart to go drop a ton of money on equipment if you don't have free elec...

BUUUUUT

I did do something with questionable ethics and i honestly don't care, but i'll do anything in the name of "science" and experimentation Smiley

Go to Frys Electronics, buy the equipment you need to mine for some serous time, mine for 28 days and return your equipment for full price, minus the intrest you accrued on your CC.

BOOM instant profit, no investment other than elec and intrest.  That'll get you your first high end video card...

at least that's how i did it...

but i already had an amazing mobo and 1200 W psu sitting around....

not a suggestion but just a way to get things done...

rules are there to protect the people who don't understand when to bend them...
computerparts
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June 15, 2011, 09:33:04 PM
 #140

haha yeahhh it's not that smart to go drop a ton of money on equipment if you don't have free elec...

BUUUUUT

I did do something with questionable ethics and i honestly don't care, but i'll do anything in the name of "science" and experimentation Smiley

Go to Frys Electronics, buy the equipment you need to mine for some serous time, mine for 28 days and return your equipment for full price, minus the intrest you accrued on your CC.

BOOM instant profit, no investment other than elec and intrest.  That'll get you your first high end video card...

at least that's how i did it...

but i already had an amazing mobo and 1200 W psu sitting around....

not a suggestion but just a way to get things done...

rules are there to protect the people who don't understand when to bend them...

You reap what you sow. Just pray they don't find out what you're doing.
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