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Author Topic: Introduce yourself :)  (Read 1053420 times)
xx THE BATMAN xxx
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October 31, 2011, 10:47:22 PM
 #3461

Hello my name is Batman. I defend the city at night.

(Do I have five posts yet?)
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btc_artist
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October 31, 2011, 11:31:33 PM
 #3462

(Do I have five posts yet?)
You do.  /Cap'n Obvious.

BTC: 1CDCLDBHbAzHyYUkk1wYHPYmrtDZNhk8zf
LTC: LMS7SqZJnqzxo76iDSEua33WCyYZdjaQoE
Electricbees
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November 01, 2011, 05:06:36 AM
 #3463

I just blew out some fuses mining bitcoins. The first of many... Smiley

Donations are welcome!
1BEES19ds5gEnRBoU1qNFPfjRXe94trMG3
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November 01, 2011, 06:51:34 AM
 #3464

Hey y'all I'm a new newbie... Keen to get involved in bitcoins ^_^
DeathAndTaxes
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November 01, 2011, 08:59:18 PM
 #3465

So I started mining in June when the hype was big; I managed to get together a crew of six high-end AMD GPUs and was really hoping prices would stay high. I did manage to cash out and pay for all the hardware, but then the price died on me. So sad. Now I'm just hanging around looking at BTC from afar and wondering if there's a reasonable chance of making money. I've got about 40 BTC left that I'm thinking to play with as speculation, but all of the miners are shut down. (Hint: drawing 2000W of power at $0.08 per kWh for 1.2BTC per day means that I'd have to see BTC prices of at least $3.2 just to break even; realistically I'd want it at $6 or more given the volatility.)

Wait 2000W for ~1.5GH?  Are those graphics cards or lead smelters?

3x5970 are <1000W and push 2300MH/s+.
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November 02, 2011, 06:57:04 AM
 #3466

So I started mining in June when the hype was big; I managed to get together a crew of six high-end AMD GPUs and was really hoping prices would stay high. I did manage to cash out and pay for all the hardware, but then the price died on me. So sad. Now I'm just hanging around looking at BTC from afar and wondering if there's a reasonable chance of making money. I've got about 40 BTC left that I'm thinking to play with as speculation, but all of the miners are shut down. (Hint: drawing 2000W of power at $0.08 per kWh for 1.2BTC per day means that I'd have to see BTC prices of at least $3.2 just to break even; realistically I'd want it at $6 or more given the volatility.)

Wait 2000W for ~1.5GH?  Are those graphics cards or lead smelters?

3x5970 are <1000W and push 2300MH/s+.
Well, the power is an estimate. I've got three systems with two x16 slots, so the net result is 1 x 6950, 2 x 5870, 2 x 5850, and 1 x 5670 (not so high on the last one, but the slot will only fit a single wide card). All are slightly overclocked, but to varying amounts. Actual power draw is probably closer to 1200-1500W, but the three systems have a 550W, 700W, and 750W PSU. Either way, even if it's only 1200W total (which is probably a bit low), the result is that I can hash around 2000Ghash/s. When I quit mining, difficulty was a bit higher so that worked out to around 1.2BTC/day. Looks like with the drop in mining power I'd now get 1.5BTC per day. So, let's see, best case I can mine maybe 1.5BTC per day for an electrical cost of $2.3; if my estimates are a bit too low on power (so closer to 1500W than 1200W), we'd be at $2.88 per day. Given the volatility of BTC right now, I can't sink a bunch of extra money into mining in the hopes of recouping my costs.

What I do know is my power bills were up about $125 per month, which works out to closer to 2200W of power draw. Rather than put the extra money into mining, I'm seeing if I can speculate and increase my BTC holdings that way. So far, not so good, but I've decided to be a bit more cautious after some stupid decisions early on and I managed a 2% increase in BTC today. That works out to around 1BTC for zero cost in electricity, which is better than 1.5BTC for $2.30 in power bills.

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November 02, 2011, 08:07:03 AM
 #3467

I'm not Batman ...

Quote from: Douglas Adams
The World Wide Web is the only thing I know of whose shortened form takes three times longer to say than what it's short for
Bricolage
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November 02, 2011, 04:15:39 PM
 #3468

Hello. I'm Bricolage.

Nikki the Bitch will help bring this forum back to a reputable position.
kitich
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November 02, 2011, 04:42:07 PM
 #3469

Hi there. Kitich.
jake262144
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November 02, 2011, 05:46:12 PM
 #3470

Hey, I'm me ^^

Been lurking around for awhile; never felt the urge to register... the moment I needed to post I'm relegated to "noob central".
Sweet...

Anyhow, well met guys.
trogdorjw73
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November 02, 2011, 06:24:31 PM
 #3471

Hey, I'm me ^^

Been lurking around for awhile; never felt the urge to register... the moment I needed to post I'm relegated to "noob central".
Sweet...

Anyhow, well met guys.
Welcome, Jake262144... I'm still working towards losing my newb status after realizing that I couldn't just post a reply elsewhere. Thank you, trolls of the Internet!

Flyers66
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November 02, 2011, 08:35:00 PM
 #3472

Hi im new to this forum but not to the bitcoin world Cheesy
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November 02, 2011, 09:15:22 PM
 #3473

@trogdorjw73

Could be worse: registering an account with forums.overclockers.co.uk involved one of the mods MANUALLY enabling new accounts last time I checked.
THREE business days after my filling out the registration form, the mod replied he didn't much care about the numeral in my forum handle; "spam account" it looked like to him xD
I get it: their forums, their regulations but it sure looks like mods shooting themselves in the foot.
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November 03, 2011, 12:49:15 AM
 #3474

Hi! I'm just getting started with this bitcoin stuff, this forum looks informative!
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November 03, 2011, 01:08:01 AM
 #3475

i just want to post stuff, let me out of here!
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November 03, 2011, 01:30:38 AM
 #3476

Sup guys, just getting started with Bitcoin. Seems like a very promising idea, really hope it keeps going and takes off.
solin
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November 03, 2011, 03:03:01 AM
 #3477

So, I suppose I should make the obligatory intro post.  New to BitCoins and digitized currencies in general.  Seems to be quite the new flavor for something that has been around for so long (currency, that is).

-cheers
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November 03, 2011, 03:44:38 AM
 #3478

I'm MrPlants.  I had heard about bitcoin a while back, just decided to look into it today. I'm still pretty overwhelmed by everything, hoping to change that soon.
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November 03, 2011, 09:56:00 AM
 #3479

 Grin
I love the bitcoin idea, so I came here

NXT: 13997163105778396158
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November 03, 2011, 08:11:41 PM
 #3480

toasting in epic bread

or whatever, just posting  Grin

Mining Rig Extraordinaire - the Trenton BPX6806 18-slot PCIe backplane [PICS] Dead project is dead, all hail the coming of the mighty ASIC!
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