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romgenie
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June 07, 2013, 12:01:46 AM |
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I currently gpu mine with 1 HD 7950. It brings roughly .02 BTC a day. I have the additional 4 HD 7950s and motherboard for the additional ones. I've been waiting for my CPU to come in since May 22nd though.
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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brambi
Newbie
 Offline
Activity: 42
Merit: 0
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June 07, 2013, 12:07:43 AM |
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I am mining with 7870xt and 6670, coming to about 670 Mh/s together, still earning money.
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freq
Newbie
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Activity: 8
Merit: 0
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June 07, 2013, 12:29:34 AM |
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Running ATI 7850. My monthly outlook was holding at 0.35 btc until just recently dropped to 0.22 btc. Is this because of the ASICs slowly coming online? Or did BTC Guild hiccup?
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freq
Newbie
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Activity: 8
Merit: 0
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June 07, 2013, 12:31:44 AM |
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Problem with the GPU is it heats up my entire room. So I ordered a Raspberry Pi to run ASIC with.
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romgenie
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June 07, 2013, 12:37:11 AM |
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Running ATI 7850. My monthly outlook was holding at 0.35 btc until just recently dropped to 0.22 btc. Is this because of the ASICs slowly coming online? Or did BTC Guild hiccup?
I found that on the PPS rate btc guild had a fairly low payment amount. I have several other mining pools that I use in which pay more if you are interested. I just recently switched to PPLNS mining pool and I find it pays substantially more than the PPS at btc guild. |
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instoftech
Newbie
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Activity: 18
Merit: 0
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June 07, 2013, 12:42:22 AM |
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Still running my GPU's and getting a whole bunch more soon  Are you doing BTC or alt-coins? If BTC continues to rise in difficulty at current speed, it would take a really long time to break even for newly purchased GPUs. |
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DazCat
Newbie
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Activity: 26
Merit: 0
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June 07, 2013, 01:47:18 AM |
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Problem with the GPU is it heats up my entire room. So I ordered a Raspberry Pi to run ASIC with.
Can you explain further? I'd like to learn how that would work. Have you got your ASIC yet? Cheers, DC. |
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wisemanofhyrule
Newbie
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Activity: 5
Merit: 0
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June 07, 2013, 01:54:23 AM |
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Problem with the GPU is it heats up my entire room. So I ordered a Raspberry Pi to run ASIC with.
Can you explain further? I'd like to learn how that would work. Have you got your ASIC yet? Cheers, DC. He is gonna use the raspberry pi to control the ASIC so instead of having to keep his desktop on all the time while mining, he can just have the raspberry pi running. |
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Eva Braun
Newbie
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Activity: 28
Merit: 0
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June 07, 2013, 02:23:30 AM |
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GPU mining is worthless ASICS are the future.
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wisemanofhyrule
Newbie
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Activity: 5
Merit: 0
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June 07, 2013, 03:00:05 AM |
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GPU mining is worthless ASICS are the future.
Not while ASICs are still shipping to the people who ordered. And for those who dont have to pay for electricity, as long as they have the gpus, they can make money off of them. |
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Preschoolv2
Newbie
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Activity: 14
Merit: 0
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June 07, 2013, 04:15:24 AM |
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i still say switch to LTC or another coin..
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Peacefrog
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June 07, 2013, 04:57:14 AM |
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I'm doingg it out of interest at the moment because my gpu is old (Radeon mobility hd 4670 1gb)
I am thinking of doing a usb asic setup in the near future.
One question, is CGminer the best for these different cryptos or are they all different?
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rsj
Newbie
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Activity: 9
Merit: 0
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June 07, 2013, 05:05:49 AM |
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GPU mining got my foot in the door on Bitcoin. So far it's still cost effective for me, but the difficulty increase is about to make my poor GPU irrelevant in the next couple cycles. Even so, it's a decent way for newbies to get a few mbtc to start playing with and pique their interest.
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DazCat
Newbie
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Activity: 26
Merit: 0
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June 07, 2013, 05:07:14 AM |
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Problem with the GPU is it heats up my entire room. So I ordered a Raspberry Pi to run ASIC with.
Can you explain further? I'd like to learn how that would work. Have you got your ASIC yet? Cheers, DC. He is gonna use the raspberry pi to control the ASIC so instead of having to keep his desktop on all the time while mining, he can just have the raspberry pi running. I understood that. I wasn't sure how ... via SSH or ... how? |
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wisemanofhyrule
Newbie
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Activity: 5
Merit: 0
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June 07, 2013, 05:10:32 AM |
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The thing is, most people have switched to mining litecoins with their gpus due to their easier difficulty and lack of ASICs. So if you arent one of the people with rigs dedicated to mining, you should probably mess around with litecoin.
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Peacefrog
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June 07, 2013, 05:19:10 AM |
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Can you recommend a good miner for lte? cgminer caps in the kh/s when bitminter caps at 26 mh/s so id like to avoid bitminter
GUIminer only produced stale work
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rsj
Newbie
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Activity: 9
Merit: 0
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June 07, 2013, 05:24:00 AM |
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The thing is, most people have switched to mining litecoins with their gpus due to their easier difficulty and lack of ASICs. So if you arent one of the people with rigs dedicated to mining, you should probably mess around with litecoin.
You're probably right that mining alt coins (litecoin) is more efficient for GPU miners, but many newbies just won't be interested in the added complication. Personally I can talk to friends about bitcoin, but with alternative coins it starts to become tedious. For many people one cryptocurrency is enough. For me, you're right, I should probably switch. |
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Preschoolv2
Newbie
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Activity: 14
Merit: 0
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June 07, 2013, 05:24:55 AM |
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The thing is, most people have switched to mining litecoins with their gpus due to their easier difficulty and lack of ASICs. So if you arent one of the people with rigs dedicated to mining, you should probably mess around with litecoin.
You're probably right that mining alt coins (litecoin) is more efficient for GPU miners, but many newbies just won't be interested in the added complication. Personally I can talk to friends about bitcoin, but with alternative coins it starts to become tedious. For many people one cryptocurrency is enough. For me, you're right, I should probably switch. mine LTC and dont convert to fiat...convert to BTC. |
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rsj
Newbie
Offline
Activity: 9
Merit: 0
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June 07, 2013, 05:28:20 AM |
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The thing is, most people have switched to mining litecoins with their gpus due to their easier difficulty and lack of ASICs. So if you arent one of the people with rigs dedicated to mining, you should probably mess around with litecoin.
You're probably right that mining alt coins (litecoin) is more efficient for GPU miners, but many newbies just won't be interested in the added complication. Personally I can talk to friends about bitcoin, but with alternative coins it starts to become tedious. For many people one cryptocurrency is enough. For me, you're right, I should probably switch. mine LTC and dont convert to fiat...convert to BTC. Of course! I hope I didn't imply I'd convert to fiat. So far I've mined bitcoin, converted fiat to bitcoin, paid friends for things using bitcoin, bought asicminer shares with bitcoin, but one thing I haven't done is converted any coin to fiat. |
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