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Author Topic: BitMinter.com * Optional Custom Miner, PPLNS, Merged mining, Newbie-Friendly! *  (Read 208924 times)
LoneRangir
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April 19, 2015, 01:27:12 AM
 #1541

So it seems like the cutting edge ASIC is the best thing to invest in.  What is the next best thing?  Most literature is 6 to 9 months old.  When will the next wave start?
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April 19, 2015, 01:46:27 AM
 #1542

So it seems like the cutting edge ASIC is the best thing to invest in.  What is the next best thing?  Most literature is 6 to 9 months old.  When will the next wave start?

I only just learned about ASIC but when I look up devices to do this, it would take 17 years just to make the bitcoin to pay off the device. I hardly see how this is a worthy  investment.
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April 19, 2015, 12:53:42 PM
 #1543

I used to get speeds saying Approx mint speed 0.0010 or maybe 0.0001 per month, but now it's at 0.0000 a month, but my Mhps is 14.53 like it was before. how come it's become so slow? is my PC dying? I have never had even 1 bitcoin yet, it takes so long.  Huh

The difficulty keeps going up, so you earn less and less.

Almost everyone stopped mining on computers in 2013 when ASIC hardware made computers utterly useless for mining bitcoins. Well, many had given up on their PC before then, but that's when the best 300+ MH/s gaming GPUs finally had to give up.

I'd recommend looking into bitcoin ASIC mining hardware.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
Thracian
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April 19, 2015, 01:00:33 PM
 #1544

15 Mhps will give you 0.00006 BTC PER YEAR, worth about ONE CENT of a US DOLLAR.
 IN ONE YEAR!

We are well past that point. We used such devices a few years ago.
Even my great GPU at 500 Mhps would produce 0.002 BTC per year

It's not worth your electricity cost, by far. Just get out and buy a few cents of a Bitcoin to start using it.



I used to get speeds saying Approx mint speed 0.0010 or maybe 0.0001 per month, but now it's at 0.0000 a month, but my Mhps is 14.53 like it was before. how come it's become so slow? is my PC dying? I have never had even 1 bitcoin yet, it takes so long.  Huh
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April 20, 2015, 08:20:31 AM
 #1545

I'm a new member. Bitcoin back unexpectedly so popular

Do you want a beautiful asian girl? Please search
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April 20, 2015, 04:08:44 PM
 #1546

I'm a new member. Bitcoin back unexpectedly so popular

Welcome Smiley

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August 05, 2015, 11:43:26 AM
 #1547



Hi All! I am a newbie and my bitminter runs so. Is there any problem with?

Muhammed Zakir
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August 05, 2015, 01:56:17 PM
 #1548



Hi All! I am a newbie and my bitminter runs so. Is there any problem with?

You won't earn anything from mining Bitcoin with your CPU/GPUs. You will only waste your electricity. If you want to mine using CPU/GPU, mine an altcoin. Remember, you probably won't get any profit, instead, you will be mining for fun.

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August 05, 2015, 02:29:25 PM
 #1549



Hi All! I am a newbie and my bitminter runs so. Is there any problem with?

You won't earn anything from mining Bitcoin with your CPU/GPUs. You will only waste your electricity. If you want to mine using CPU/GPU, mine an altcoin. Remember, you probably won't get any profit, instead, you will be mining for fun.

So if i wanna earn bitcoin what i need to doexcept faucets? What is wrong with that application so that it works so slow? I saw one's app in first page of topic that runs faster than mine. If i can get it run faster?

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August 05, 2015, 07:16:44 PM
 #1550

So if i wanna earn bitcoin what i need to doexcept faucets? What is wrong with that application so that it works so slow? I saw one's app in first page of topic that runs faster than mine. If i can get it run faster?

PCs are useless for mining now, since 2013. You need to buy bitcoin ASIC mining hardware.

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galbros
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August 06, 2015, 09:14:04 PM
 #1551

PCs are useless for mining now, since 2013. You need to buy bitcoin ASIC mining hardware.

Back before it became completely impossible to mine with a PC, bitminter was my introduction to mining.  I hope you are pleased with how easy and accessible your software and mining pool make it for new comers.

Now that it is almost impossible for newbies to mine without ASICs, have you given any consideration to doing a bitminter for an altcoin?

Thanks!
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August 06, 2015, 09:46:20 PM
 #1552

Back before it became completely impossible to mine with a PC, bitminter was my introduction to mining.  I hope you are pleased with how easy and accessible your software and mining pool make it for new comers.

Definitely. I hope it helped some people get started with mining and perhaps even with bitcoin. Getting close to 340 000 registered users now.

Now that it is almost impossible for newbies to mine without ASICs, have you given any consideration to doing a bitminter for an altcoin?

I thought about it sometimes. But most altcoins appear to be scams people came up with to make themselves rich. They have no purpose and crap code. Or usually they don't even have code, just the bitcoin code and a quick search-replace of the name bitcoin to something else. And after one or two rounds of pump-and-dump they die off. An altcoin pool would probably have to replace the coins as they die off and new scamcoins are hyped up. I'd probably feel that I was taking part in scamming people.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
galbros
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August 07, 2015, 07:35:31 PM
 #1553

I thought about it sometimes. But most altcoins appear to be scams people came up with to make themselves rich. They have no purpose and crap code. Or usually they don't even have code, just the bitcoin code and a quick search-replace of the name bitcoin to something else. And after one or two rounds of pump-and-dump they die off. An altcoin pool would probably have to replace the coins as they die off and new scamcoins are hyped up. I'd probably feel that I was taking part in scamming people.

Thanks for explaining!  I have wondered about this for some time and it makes perfect sense.  I hope one day an alt coin comes along that meets your criteria and is still minable by PCs as I think there is a lot to be gained by understanding things from the miner's perspective.

I know it sounds crazy, but have you ever considered "HariboCoin" or something?  You can even say, "Like most other alt coins IMO this coin is total crap, but it is minable on your PC so you can at least become familiar with the mechanics of mining without having to invest in ASICs."  Who knows, at least since everyone would know that you are not going away, it might become a really successful coin!

Regardless, thanks again for your work.
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August 07, 2015, 09:01:07 PM
 #1554

To create a successful new coin you really have to create something significantly better than bitcoin. And even then bitcoin may just copy your new fancy feature and you lose anyway.

Even if you could beat bitcoin it probably makes more sense to work WITH bitcoin instead.

▶▶▶ Bitminter.com - Your trusted mining pool since 2011.
SgtMoth
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August 20, 2015, 08:55:27 PM
 #1555

To create a successful new coin you really have to create something significantly better than bitcoin. And even then bitcoin may just copy your new fancy feature and you lose anyway.

Even if you could beat bitcoin it probably makes more sense to work WITH bitcoin instead.



I dont know, but I like the sound of "HariboCoin, Drcoin, Doccoin, or even Hcoin!"  Look at Dogecoin...but keep it to 10 - 20 million coins!
winspiral
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September 24, 2015, 01:10:26 PM
 #1556

hello
I have this message:
Could not initialize class jtermios.windows.WinAPI

could someone help me?

http://u2cloudmining.winspiral.net (faucet-trade-reinvestment)(After earch free claim you get a bonus + 1 free  capshare + 1 free comshare + 1 ubond)(welcome bonus worth 2000 satoshi)(IMPOSSIBLE to lose...you can only earn)(Site paying for over 1 year)
DrHaribo
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September 24, 2015, 01:45:30 PM
 #1557

hello
I have this message:
Could not initialize class jtermios.windows.WinAPI

could someone help me?

Sounds like it's having problems accessing the virtual serial ports while looking for ASIC devices.

Which ASIC devices do you have connected to your computer?

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winspiral
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September 24, 2015, 01:47:12 PM
 #1558

U2

with GPU it is working fine...but for almost nothing.

http://u2cloudmining.winspiral.net (faucet-trade-reinvestment)(After earch free claim you get a bonus + 1 free  capshare + 1 free comshare + 1 ubond)(welcome bonus worth 2000 satoshi)(IMPOSSIBLE to lose...you can only earn)(Site paying for over 1 year)
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September 24, 2015, 01:51:13 PM
 #1559

U2

Did you install the silabs driver for it? http://www.silabs.com/products/mcu/Pages/USBtoUARTBridgeVCPDrivers.aspx

Was this working on the computer before?

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winspiral
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September 24, 2015, 01:55:28 PM
 #1560

before?
I have get the U2 today
yes i have the diriver.

but i do not know if the draiver works...is something to do after downloading and extracting?

http://u2cloudmining.winspiral.net (faucet-trade-reinvestment)(After earch free claim you get a bonus + 1 free  capshare + 1 free comshare + 1 ubond)(welcome bonus worth 2000 satoshi)(IMPOSSIBLE to lose...you can only earn)(Site paying for over 1 year)
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