Bitcoin Forum
December 02, 2016, 06:12:44 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Howdy :)  (Read 645 times)
melodybliss
Newbie
*
Offline Offline

Activity: 4



View Profile
June 18, 2011, 03:37:53 AM
 #1

I thought I'd introduce myself. I've known about bitcoins for a while but finally decided to take a look and investigate it, especially after hearing that one of the vendors I've been to before (MemoryDealers) is now accepting them.

I'm a systems engineer for a small fruit company and have been in this field for waaaaaay too long. Married (woo!) with a couple of college aged step kids (woowoo!) Smiley

Set up a miner (poclbm) on my MacPro at home since it generally just sits bored.

Though I do have a question. I haven't tried it yet, but, when I set up multiple miners (different computers of course) do I just point them back to the system running bitcoind? For example, I typically have a few other machines around the house generally idling. I could use the spare cycles to run a few more miners when they're not doing anything.

But otherwise, I'd been reading this board for a few days and thought I'd finally speak up and say hello.

Hello.

Tongue Smiley

Mel

PS: If anyone wants to send me a fraction of a btc to test out, I also wouldn't complain. Wink I've yet to see anything generated, but then the miner has only been running for about 3 days. Smiley

Platypi are cool! Cheesy
13QNjQg3WC6tDrkMJPgaq23YYHuNAJhxfJ
1480702364
Hero Member
*
Offline Offline

Posts: 1480702364

View Profile Personal Message (Offline)

Ignore
1480702364
Reply with quote  #2

1480702364
Report to moderator
1480702364
Hero Member
*
Offline Offline

Posts: 1480702364

View Profile Personal Message (Offline)

Ignore
1480702364
Reply with quote  #2

1480702364
Report to moderator
I HATE TABLES I HATE TABLES I HA(╯°□°)╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
fascistmuffin
Jr. Member
*
Offline Offline

Activity: 56



View Profile
June 18, 2011, 05:12:35 AM
 #2

You probably want to look into pooled mining (Mining -> Pools area) since you're never going to generate a bitcoin by yourself, especially without power gpus. You might want to watch your mac because I've seen a few threads saying their mac's hardware got damaged from prolonged mining with the mobile gpu.

Keep in mind that mining with CPU's is pretty wasteful because the power required to run those computers don't come close to the amount of bitcoins you will receive. Most of us are running systems with multiple graphics cards that have high hashing power (the most popular being the 5830 which can do about 275mh/s depending on clock settings).

Welcome and GL
Shelly420
Newbie
*
Offline Offline

Activity: 2


View Profile
June 18, 2011, 05:22:39 AM
 #3

Sup.
Bitman_Begins
Member
**
Offline Offline

Activity: 84



View Profile WWW
June 18, 2011, 06:47:23 AM
 #4

But is mining really profitable anyway? I mean, doesn't it take well more cost in energy to produce them than to buy them? And I don't see the point, unless you're planning to churn out loads, and hold them til' the value per BTC is like sky-high!
So I don't see the point, and don't forget that guy who was in hospital with heatstroke because he left three souped-up machines on in his bedroom and it was hot weather too..he reckons he has got brain-damage  Tongue Not good...

Want to join Tradehill.com? Please use this referral code as you join: TH-R18919

Join the Bitcoin Randomizer using this link and start winning Bitcoins! http://rand.bitcat.ch/?ref=128

Tip me! 1NBN21CDpuc6Gyns2oqRjDSvxaanMeYfbY
Bitcoin_Silver_Supply
Sr. Member
****
Offline Offline

Activity: 259



View Profile
June 18, 2011, 08:27:28 AM
 #5

But is mining really profitable anyway? I mean, doesn't it take well more cost in energy to produce them than to buy them? And I don't see the point, unless you're planning to churn out loads, and hold them til' the value per BTC is like sky-high!
So I don't see the point, and don't forget that guy who was in hospital with heatstroke because he left three souped-up machines on in his bedroom and it was hot weather too..he reckons he has got brain-damage  Tongue Not good...

 If you already have a good system and take the time to master pools the benefits still outweigh the energy costs. If you expect the price of BTC to continue rising over time then it would be a very good idea to gather it while it's still lower (and rewards are more plentiful).
melodybliss
Newbie
*
Offline Offline

Activity: 4



View Profile
June 19, 2011, 03:20:26 AM
 #6

Thanks FM. I had considered going to pooled mining since I haven't seen any movement after this time. Smiley

Right now I'm mining on my MacPro (2xquad xeon, 5770 GPU) so I'm not too worried about it. I've been watching system load and graphics load. poclbm is doing about 102-104 mhash/s at the moment.

Thank you all for the hellos. Smiley

Mel

Platypi are cool! Cheesy
13QNjQg3WC6tDrkMJPgaq23YYHuNAJhxfJ
Hook^
Jr. Member
*
Offline Offline

Activity: 56


View Profile
June 19, 2011, 03:32:19 AM
 #7

But is mining really profitable anyway? I mean, doesn't it take well more cost in energy to produce them than to buy them? And I don't see the point, unless you're planning to churn out loads, and hold them til' the value per BTC is like sky-high!
So I don't see the point, and don't forget that guy who was in hospital with heatstroke because he left three souped-up machines on in his bedroom and it was hot weather too..he reckons he has got brain-damage  Tongue Not good...
The electricity costs are only about 10% of the cost right now.  It is unprofitable because of the equipment costs coupled with how quickly the difficulty is growing (doubling every 18 days)
btcminer
Newbie
*
Offline Offline

Activity: 29


View Profile
June 19, 2011, 03:47:16 AM
 #8

But is mining really profitable anyway? I mean, doesn't it take well more cost in energy to produce them than to buy them? And I don't see the point, unless you're planning to churn out loads, and hold them til' the value per BTC is like sky-high!
So I don't see the point, and don't forget that guy who was in hospital with heatstroke because he left three souped-up machines on in his bedroom and it was hot weather too..he reckons he has got brain-damage  Tongue Not good...

Is this true? Is there an article on this?
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!