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Author Topic: New to Bitcoin  (Read 784 times)
Deathtopia (OP)
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April 20, 2013, 02:53:33 PM
 #1

 So I was browsing YouTube as you do on a lazy afternoon and heard about this Bitcoin gig.

I was thinking of jumping into a pool and letting my PC mine in it's spare time... It's just a simple system...

AMD X6
ATI 6850
4GB Ram

The system idles most of the time anyway... So the electric and stuffs irrelevant, just wanted know if there would be any point?
cusdog
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April 20, 2013, 02:58:48 PM
 #2

Your energy consumption is not going to be the same as if it were idling. just as an fyi.
ltbtdk
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April 20, 2013, 03:07:11 PM
 #3

Your card will be running like you were playing a game and your card will draw pretty close to its max power draw.
gnicolau
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April 20, 2013, 03:12:20 PM
 #4

With that configuration any chance tu win bitcoins from mining  Undecided
Deathtopia (OP)
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April 20, 2013, 03:15:50 PM
 #5

With that configuration any chance tu win bitcoins from mining  Undecided

Yeap, that's pretty much exactly what I meant to say. XD

And I'm aware the power requirements will increase... But the cost of the electric isn't my problem. XD
martynw2000
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April 20, 2013, 03:20:14 PM
 #6

So I was browsing YouTube as you do on a lazy afternoon and heard about this Bitcoin gig.

I was thinking of jumping into a pool and letting my PC mine in it's spare time... It's just a simple system...

AMD X6
ATI 6850
4GB Ram

The system idles most of the time anyway... So the electric and stuffs irrelevant, just wanted know if there would be any point?


One of my many cards is a 6850. It can manage approx. 200 Mhps, which roughly equates to an average of 4250 shares a day. That means you can effectively get 0.0115BTC a day mining at a pool such as 50BTC. So at an exchange rate of $120 = 1BTC, you'll earn $1.377 a day ASSUMING your PC mines 24hrs a day without stopping/dying etc.

If or when the difficulty goes up (not likely to go down), or the exchange rate drops, then you'll be earning less than that.

The question is, how much do you pay for electricity? If you think your computer will be consuming more that $1.377 a day in power, then it's not worth it.
Deathtopia (OP)
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April 20, 2013, 03:30:33 PM
 #7

Wow, that's more than I expected... I expected about a dollar a week or something. XD

One other question, how come Nvidia do
n't seem to have any charts and stuff?
coinmama
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April 20, 2013, 03:32:37 PM
 #8

How about mining with CPU only without graphic card?
Fizban
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April 20, 2013, 03:37:43 PM
 #9

CPU's aren't really worth mining with...
middlemarkal
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April 20, 2013, 03:42:41 PM
 #10

Nvidia are a lot less effective miner because of their design.

CPu has been out of the game a whilE AGO

try BITMINTER.COM, IT'S THE EASYEST POOL/MINER   Grin

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pharmland
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April 20, 2013, 03:55:30 PM
 #11

Yes I have nvidia cards myself and they are extra slow
weljohn
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April 20, 2013, 04:06:28 PM
 #12

you can try minning calculator see if it is profitable

http://www.alloscomp.com/bitcoin/calculator
Skixo
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April 20, 2013, 04:11:01 PM
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My nVidia card sucks for mining. I get roughly 24mhp/s.
generousjoe
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April 20, 2013, 04:17:38 PM
 #14

welcome\

papagel
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April 20, 2013, 04:27:10 PM
 #15

Your card will make approximatelly 200mhps while an ASIC dedicated machine like the one from the butterfly labs will make between 5Ghps and 1500Ghps.

This is a GIGANTIC difference...

If you want to do it, do it for fun Smiley
miNer33
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April 20, 2013, 05:05:29 PM
 #16

Well I tried to mine with my GPU, but it was like one hit per 4 hour. And it is useless. So I decided to try som faucets. What is your opinion about them? They will send some free bitcoins to your address.
I tried these, and I have quite good experience with them Smiley
So if you want to try, enjoy Wink

http://www.bitvisitor.com/?ref=1JoYDf1ubKZMWeDGFZfcubA7xjotMAR4sm
http://netlookup.se/free-bitcoins/382184
http://freecoins.herokuapp.com /
Jonnii
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April 20, 2013, 05:09:22 PM
 #17

Unfortunately, useless Sad
easycoins
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April 20, 2013, 05:39:20 PM
 #18

I'm trying all the different wallets at the moment, see which one works best. Safety wise I'm not sure... Online Wallet? (Blockchain seems like a good one), Local wallet, Bitcoin-qt slow and Multibit... But can you trust Multibit locally and there are so many servers to chose from... Will give it a go and ask some tips if I get stuck.
HellDiverUK
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April 20, 2013, 05:40:46 PM
 #19

ATI is where it's at for mining.  Even my ancient HD6450 is pulling 22MH/s.  Pretty good for a generic old passive cooled card.  Sits in the bottom slot chugging away beneath my HD7770.

The HD6970 is a bit of a beast, got it running in my dedicated miner machine, got that card for £100 used.  Paid for itself in a month thanks to the price bubble a few weeks ago.
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