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worldinacoin
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June 14, 2013, 08:02:11 AM |
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Yeah, friedcat says new blades more improved and lower price. Will be interesting. If $1k plus i dont mind investing in 1.  Me <-- poor miner... I am like those greybeard, fat, broken toothed, dirty and alcohol smelling miner. I thought you are describing me  |
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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derekleong75
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June 14, 2013, 08:08:50 AM |
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Hmm I am also like that leh. Haiz.  |
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bclcjunkie
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June 14, 2013, 08:15:50 AM |
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that's good a skill to have, the way i see it anyone with good semiconductor knowledge has a shot at building their own miner... unfortunately i don't have otherwise i'd try my hands in getting one done via outsourcing... I can do FPGA but the problem we don't have such a big demand here.
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worldinacoin
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June 14, 2013, 08:16:46 AM |
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Problem is the cost of development is quite prohibitive  . You can't really do it at home DIY. |
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pitan
Member
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Activity: 98
Merit: 10
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June 14, 2013, 08:29:44 AM |
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Unless you are or your best friend is Tony Stark! Lol
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derekleong75
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June 17, 2013, 02:58:49 AM |
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19.3% diff spike....
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pitan
Member
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Activity: 98
Merit: 10
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June 17, 2013, 03:59:46 AM |
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19.3% diff spike....
ASIC flood... |
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bengx
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June 17, 2013, 06:01:27 AM |
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19.3% diff spike....
ASIC flood... Just turned off my 4 GPUs running them at the current value of bitcoins would nett me a loss. |
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derekleong75
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June 17, 2013, 06:41:37 AM |
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bengx. What kind of hashrate you have? Should still be profitable what. Not much but still is. |
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bengx
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June 17, 2013, 06:47:04 AM |
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Only 1500MH/s on 2x5850, 1x5870 and 1x6970 combined. Haha profit so tiny, not worth the discomfort of having 4 cards warming up my already very hot room sia. Dustcoin gives me an estimate of $1.61 profit a month.
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derekleong75
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June 17, 2013, 06:58:15 AM |
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No wonder.
4x cards = huge power draw.
Try to sell off those cards and change to 2x 7950 or something then LTC is profitable again.
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bengx
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June 17, 2013, 07:02:22 AM |
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Yeah. Assessing my options now. Even LTC isn't profitable right now because of the power draw and value of the coin.
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SGExodus
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June 17, 2013, 09:39:29 AM |
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Anyone have some LTC for sale at btc-e rate? Looking to buy up to S$1K worth.. PM me if have.
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xenofanesSkarak
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Activity: 103
Merit: 10
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June 19, 2013, 01:04:19 PM |
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Anyone have some LTC for sale at btc-e rate? Looking to buy up to S$1K worth.. PM me if have.
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ziptie
Newbie
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Activity: 18
Merit: 0
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June 19, 2013, 02:17:45 PM |
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Sekali PAP impose some regulation.
Anyway on FYB recently need verification for 1K and above balances.
I think MAS scared money laundering.
Anyway I am currently mining with 2x 7970 around 1.3GH.
Me too, I'm running 3 Sapphire 7970's with triplemining.com. It averages 1.97 G, but it's damn hot and I'm scared to check the electrical consumption! Does anybody know of a good kill-a-watt style watt meter that works on 220v or 110/220v? Ti |
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worldinacoin
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June 19, 2013, 02:53:58 PM |
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You better check, electricity is a very major part of costs.
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bengx
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June 19, 2013, 03:23:00 PM |
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You better check, electricity is a very major part of costs.
I think these few days the dust is gonna be a very major part of the maintenance also. |
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ziptie
Newbie
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Activity: 18
Merit: 0
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June 19, 2013, 04:10:00 PM |
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Hey guys, I'm new on this thread so I wanted to introduce myself. I first heard of bitcoin back in 2010 and tried some mining but lost interest quickly. The value of a btc was minuscule and my graphics card was not even good for gaming so I could only make a micro a day or something silly like that. Anyways, the value popped and I'm still kicking myself for not paying any attention to it last year. Yesterday I had the opportunity to get in on the terrahash preorder. I was actually hitting the refresh button on my browser at 11:58 and at exactly midnight the shopping cart opened up. My order was like #21 but just before forking my hard earned cash over I came to my senses and cancelled it. I'm mostly interested in the technical aspects of mining and if I can make a profit out of it that's even better. The way I see it, terrahash isn't much further ahead than any of the other DIYers. If BKK, the designer of the board isn't even ready to test, I don't see how TH would be. I've looked at the power, cooling, and control requirements of the Avalon chips and my impression is that the klondike design is going to need a fair amount of work before it's ready for stable hashing. Instead I've decided to accumulate some BTC and get in on a Avalon chip group buy. Avalon chips clearly have value, they have already proven themselves capable of driving rigs, while a klondike miner preorder has unknown value. The feasibility and timeframe are both uncertain. I would like to buy about 125 avalon asic chips and wait for the board designers to get a working model done. Then I'll buy the working boards and finish the miners myself or outsource the final production. Worse comes to worse, I can always sell the ASIC chips at a slight markup to others who don't want to wait for a batch order.
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derekleong75
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June 19, 2013, 04:33:44 PM |
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Welcome zip.
Too bad you didnt spend more time on bitcoin in 2010 or else you would huat now.
I also have thought about ordering kncminer but havent done so.
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