JohanS
Newbie
 Offline
Activity: 22
Merit: 0
|
 |
June 06, 2013, 03:01:46 PM |
|
GPU mining for fun and experience while waiting on ASIC to be shipped. Even tried to mine on my laptop - i would not recommend it! DAMN it got hot  GPU will probably move to LTC and other currencies and the diff for BTC will skyrocket during the next months. It is still too low as blocks are mined every 8 minutes. |
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
DUMmy97531
Newbie
Offline
Activity: 18
Merit: 0
|
|
June 06, 2013, 03:02:56 PM |
|
I have been mining now for a month with 2 x 9750 on Slush's pool.
Although the total has rate of the pool has increased and so the difficulty, my reward per day has increased.
Why?
Because the total has rate of the pool has increased, the pools luck and the number of blocks found per day, has increased. Although my hash rate percentage of the pool has decreased, and thus the reward per block found has decreased, I get more rewards per day due to the higher number of blocks found. I am thus getting a higher return per day.
I am not giving up on mining with a GPU. Once I can not keep up with the total pool hash rate, I am going to switch over to alternative coins.
I am not sure about the 8 minutes. The average time to find a block on Slush's pool is 1 hour. This was averaged over a day, over a period of 3 days, with an average of 17 blocks found per day.
|
|
|
|
|
Eva Braun
Newbie
Offline
Activity: 28
Merit: 0
|
|
June 06, 2013, 03:03:32 PM |
|
yep i still GPU mine
|
|
|
|
|
|
atariguy
|
|
June 06, 2013, 04:19:47 PM |
|
I actually just recently got started in it. I figured I might as well do GPU mining while everyone waits for their ASIC vaporware.  I did realize that I needed at least 2 GPUs in order to make it worthwhile after the cost of power, but I still expect to have my investment returned within a couple months. For me, though, it's just the cost of the GPUs I'm worried about - I'm using an old P4 computer that didn't cost me anything. |
|
|
|
|
NoThanksPal
Newbie
Offline
Activity: 5
Merit: 0
|
|
June 06, 2013, 06:57:19 PM |
|
I GPU mine fastcoins.
|
|
|
|
|
|
atariguy
|
|
June 06, 2013, 07:20:04 PM |
|
I have been mining now for a month with 2 x 9750 on Slush's pool.
Although the total has rate of the pool has increased and so the difficulty, my reward per day has increased.
Why?
Because the total has rate of the pool has increased, the pools luck and the number of blocks found per day, has increased. Although my hash rate percentage of the pool has decreased, and thus the reward per block found has decreased, I get more rewards per day due to the higher number of blocks found. I am thus getting a higher return per day.
I am not giving up on mining with a GPU. Once I can not keep up with the total pool hash rate, I am going to switch over to alternative coins.
I am not sure about the 8 minutes. The average time to find a block on Slush's pool is 1 hour. This was averaged over a day, over a period of 3 days, with an average of 17 blocks found per day.
You mean 2 x 7950, right? I tried Slush's pool last week when I still only had one 7950, and evidently I didn't get enough shares to get any reward at all - even participating in several blocks. I switched over to Bitparking, which is working a lot better for me (other than 1 block taking over 24 hours yesterday). |
|
|
|
|
millerg
Newbie
Offline
Activity: 9
Merit: 0
|
|
June 06, 2013, 07:24:13 PM |
|
Mining for litecoins is worth it. It's a bit more profitable than Bitcoin with GPUs. I exchange them for Bitcoin whenever I have 40+ and the ratio is 0.024 or better. My rig is currently at 3MH and I'll probably add 4 more 7970s this week.
Greg
|
|
|
|
|
ctarantello
Newbie
Offline
Activity: 9
Merit: 0
|
|
June 06, 2013, 07:45:24 PM |
|
I'm mining LTC on a couple of 5870's, thinking of updating to 7950's. Is it worth continuing to mine with the 5870's or sell them on fleabay and put the money towards the 7950's.
|
|
|
|
|
bublus7
Newbie
Offline
Activity: 13
Merit: 0
|
|
June 06, 2013, 07:48:36 PM |
|
I used to mine TRC for a couple of weeks at the end of April but today TRC is not as profitable as it used to be back then...
|
|
|
|
|
skomo
Newbie
Offline
Activity: 6
Merit: 0
|
|
June 06, 2013, 08:00:21 PM |
|
I found the whole experience of first upgrading GPU in the desktop, than assembling first ever PC with 3 GPU, exploring linux for the first time probably as much rewarding as few coins I will be able to main before difficulty makes it uneconomical.
|
|
|
|
|
kagsc
Newbie
Offline
Activity: 4
Merit: 0
|
|
June 06, 2013, 08:06:23 PM |
|
Yes, it is hard to say whether it will be worth it or not. According to the calculators out there, for a couple months it will be profitable for myself. I'm looking into alternative cryptocoins in the event that one of them takes off.
|
|
|
|
|
dbuthay
Newbie
Offline
Activity: 8
Merit: 0
|
|
June 06, 2013, 09:32:12 PM |
|
I'm still GPU mining .. but I switched to LTC a while back.
|
|
|
|
|
mihsmash
Newbie
Offline
Activity: 7
Merit: 0
|
|
June 06, 2013, 09:38:11 PM |
|
My leccy's free so I'll be GPU mining for the forseeable....
|
|
|
|
|
fforforest
Newbie
Offline
Activity: 63
Merit: 0
|
|
June 06, 2013, 09:39:09 PM |
|
I still mine with my 5xxx cards, about the same proftiblity as it always has been.
|
|
|
|
|
gnarl
Member
Offline
Activity: 105
Merit: 10
|
|
June 06, 2013, 09:55:09 PM |
|
Litecoins are rockin the GPU's right now.
|
|
|
|
|
Beyondem
Newbie
Offline
Activity: 8
Merit: 0
|
|
June 06, 2013, 09:59:59 PM |
|
Still running my GPU's and getting a whole bunch more soon  |
|
|
|
|
|
thegamekind
|
|
June 06, 2013, 10:49:40 PM |
|
im hoping to set up a load of gpu miners
|
|
|
|
|
sartan
Newbie
Offline
Activity: 8
Merit: 0
|
|
June 06, 2013, 11:05:00 PM |
|
I'm hoping to setup a script at my office to run CPU miners on the weekends. That's not illegal, right? |
|
|
|
|
|
btcapparel
|
|
June 06, 2013, 11:30:08 PM |
|
I get electric costs included in the rent in my office space and a few months back my friend convinced me to put a GPU ring in there..the heat and the noise was unbearable at first Gradually got used to it and got a rig of my own...One rig turned into 2 and quickly turned into several more, although they are still turning over BTC I think I'm realising this is the point to stop GPU mining for bitcoin and either turn them over to litecoin or reinvest in ASICs Lol btw my landlord has certainly noticed the increase in the rent, he keeps asking to have a look in my office everytime I bump into him  |
|
|
|
|
|
btcapparel
|
|
June 06, 2013, 11:32:25 PM |
|
I have been mining now for a month with 2 x 9750 on Slush's pool.
Although the total has rate of the pool has increased and so the difficulty, my reward per day has increased.
Why?
Because the total has rate of the pool has increased, the pools luck and the number of blocks found per day, has increased. Although my hash rate percentage of the pool has decreased, and thus the reward per block found has decreased, I get more rewards per day due to the higher number of blocks found. I am thus getting a higher return per day.
I am not giving up on mining with a GPU. Once I can not keep up with the total pool hash rate, I am going to switch over to alternative coins.
I am not sure about the 8 minutes. The average time to find a block on Slush's pool is 1 hour. This was averaged over a day, over a period of 3 days, with an average of 17 blocks found per day.
Good spot, I am also on slushs pool and noticed the reward per day was slighter higher recently |
|
|
|
|
|
