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ZetaOS
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September 08, 2013, 09:34:49 AM
 #21

My name is Guitar of the famous land "Plinker" and here's my story.

I heard about bitcoin mining right during the largest price bubble in history ($266) and watched as my 7850 struggled to mine any serious amount of coins. I then watched as the price dropped, and, in turn, my profits. This wasn't my first experience with mining, I started mining probably two months before for less than a day, but stopped because I said "screw this, I'm only making 0.03BTC per day, that's just mere pennies!" I shall never forgive myself for this decision.

Anyway, I mined on my 7850 for around a month, it probably generated around 0.3 BTC. Then I got the big guns; a 5970 I found used, and paid $225 for. Unfortunately the babbling idiot I am I said "250W from a single fan card? No problem, a small room can disperse that heat easy-peasy!" Then I realized it generated enormous amounts of heat and noise, and unfortunately exactly a week later I rage-sold it for $225. Nothing lost, 0.09BTC gained. Cheesy

Then I gave up on bitcoin mining at around 21 million difficulty, too high for me. I bought a cheap used Gigabyte 7950 for $200 in early July. I went to LTC instead then, hoping the price would go up when it got to Gox. Hasn't got to Gox yet and I'm still holding my Litecoins that I mined. Then I moved to DGC for over a month, made a decent amount on them until 3 days ago when multipool went whacko and I moved to Middlecoin.

In total I've made around $150 at current exchange rates.

Next!
You fail in life, next!
(Joke)

Mine the easy way - CEX.io Build your own cloud miner!
Goedkoop bitcoins? www.koop-bitcoin.nl
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resheen
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September 08, 2013, 01:34:54 PM
 #22

great
Trongersoll (OP)
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September 08, 2013, 04:43:58 PM
 #23

My name is Guitar of the famous land "Plinker" and here's my story.

I heard about bitcoin mining right during the largest price bubble in history ($266) and watched as my 7850 struggled to mine any serious amount of coins. I then watched as the price dropped, and, in turn, my profits. This wasn't my first experience with mining, I started mining probably two months before for less than a day, but stopped because I said "screw this, I'm only making 0.03BTC per day, that's just mere pennies!" I shall never forgive myself for this decision.

Anyway, I mined on my 7850 for around a month, it probably generated around 0.3 BTC. Then I got the big guns; a 5970 I found used, and paid $225 for. Unfortunately the babbling idiot I am I said "250W from a single fan card? No problem, a small room can disperse that heat easy-peasy!" Then I realized it generated enormous amounts of heat and noise, and unfortunately exactly a week later I rage-sold it for $225. Nothing lost, 0.09BTC gained. Cheesy

Then I gave up on bitcoin mining at around 21 million difficulty, too high for me. I bought a cheap used Gigabyte 7950 for $200 in early July. I went to LTC instead then, hoping the price would go up when it got to Gox. Hasn't got to Gox yet and I'm still holding my Litecoins that I mined. Then I moved to DGC for over a month, made a decent amount on them until 3 days ago when multipool went whacko and I moved to Middlecoin.

In total I've made around $150 at current exchange rates.

Next!
You fail in life, next!
(Joke)

HEY!!! Be nice, no need for attitude in this thread.
ZetaOS
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September 08, 2013, 07:39:35 PM
 #24

My name is Guitar of the famous land "Plinker" and here's my story.

I heard about bitcoin mining right during the largest price bubble in history ($266) and watched as my 7850 struggled to mine any serious amount of coins. I then watched as the price dropped, and, in turn, my profits. This wasn't my first experience with mining, I started mining probably two months before for less than a day, but stopped because I said "screw this, I'm only making 0.03BTC per day, that's just mere pennies!" I shall never forgive myself for this decision.

Anyway, I mined on my 7850 for around a month, it probably generated around 0.3 BTC. Then I got the big guns; a 5970 I found used, and paid $225 for. Unfortunately the babbling idiot I am I said "250W from a single fan card? No problem, a small room can disperse that heat easy-peasy!" Then I realized it generated enormous amounts of heat and noise, and unfortunately exactly a week later I rage-sold it for $225. Nothing lost, 0.09BTC gained. Cheesy

Then I gave up on bitcoin mining at around 21 million difficulty, too high for me. I bought a cheap used Gigabyte 7950 for $200 in early July. I went to LTC instead then, hoping the price would go up when it got to Gox. Hasn't got to Gox yet and I'm still holding my Litecoins that I mined. Then I moved to DGC for over a month, made a decent amount on them until 3 days ago when multipool went whacko and I moved to Middlecoin.

In total I've made around $150 at current exchange rates.

Next!
You fail in life, next!
(Joke)

HEY!!! Be nice, no need for attitude in this thread.
Only a joke... no attitude intended, my fail if it sounded like that.

Mine the easy way - CEX.io Build your own cloud miner!
Goedkoop bitcoins? www.koop-bitcoin.nl
guitarplinker
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September 11, 2013, 01:36:05 AM
 #25

OK fine.

I'll take my troubles elsewhere. Sad

Haha awesome thread though guys. Smiley
sheebang
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September 13, 2013, 03:06:33 PM
 #26

My name is Sheebang, ( !# )

I greet you, Trongersoll and I have read some of your intelligent comments.

I command the coakroach miners. They live from the sun and the air. I am a specialist in cryptography and applied math. I am mining for fun and curiosity in first place.

I have no commercial issues other than those from applied math:
"Earning two bitcoins is better than earning only one, especially if you have your own power production."



Trongersoll (OP)
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September 13, 2013, 03:36:55 PM
 #27

My name is Sheebang, ( !# )

"Earning two bitcoins is better than earning only one, especially if you have your own power production."

I definitely agree with this. Smiley
The Koolio
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September 18, 2013, 05:51:28 AM
 #28

My names Koolio, I was a serial mining addict... but not for a year now. I mined the shit out of Litecoin, and I also mined the shit out of Bitcoin in the early days. I ran 20 5870's which seemed to be directly connected to my spine.

I saw not in colour, nor in image.... I saw hashes, get work, and the occasional timeout.

People said I was stupid, mining at a loss, with hardware Id never pay off..... Well it shut them up when things went from bad to good to excellent.

Mining was my life, but the addiction got the better of me....

THE HEAT

THE NOISE

24/7

It ripped me apart. So I gave up, sold everything. However Im considering getting back into it with some upcoming hardware.

What lesson can you learn from this?

Miners, you keep mining.... even at a loss..... Hold that coin, and one day you will be king of the (coin) hill!


1. Litecoin 2. Bitcoin 3. Any of the Anon coins
crescendo
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September 18, 2013, 10:26:02 AM
 #29

Welcome friends to the forum, here you found a good and nice information about bitcoin which is urgent for the business world in the field of bitcoin. this is good forum site about this matter.
fattypig
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October 11, 2013, 12:55:06 PM
Last edit: October 13, 2013, 03:19:01 AM by fattypig
 #30

My Name is Trong Trongersoll and I am a Bitcoin mining addict.

I started in May 2013 with a small, low power computer and a 5000 series ATI Video card. actually, i started with the GPU on the mother board which was doing 10 Mh/s. Since the MB had a PCIe slot, I upgraded to the ATI card. I got about 80 Mh/s out of it. I added a couple of ASICminer Block Erupters. That was the beginning of my downfall. After about a week or two I saw my Bitcoin income declining due to increased Hashrate. That was the begining of the Arms race for me. That little computer now has 24 erupters and the gpu mining.

But it doesn't stop there. Just be Erupters became available i picked up a 7970 GPU and a 7950 GPU. It was the worse possible timing. I planned on running these both on a computer built just for this purpose. Well, they wouldn't play nice together so the 7950 go put aside. Now I had a new computer not doing much. so this became my second Erupter host. It currently has about 29 erupters on it. And the number is growing. I can't seem to stop buying these things. Everytime there is a price drop or my Bitcoin production drops noticeably i buy more.

Then there are the blades. I bought one about a week ago for way too much by todays prices. It is still in it's wrapping. I got the stratum proxy up yesterday, but haven't succeeded in making it have a fixed IP. That isn't real important. i can just change the IP the blade looks at if it changes. Part of the reason the blade isn't running is that i've mulling over how to physically support it. also the room it will be in is a bit cluttered at the moment. I decided i'd cut up a cardboard box and put fans in that as a support for the blade. Just haven't felt up to doing it, I'm slightly handicapped so i really need to feel up to it to do somethngs. And then, today there was the price drop on blades... so of course i had to buy a second even though i don't have the first running yet. With two, and the likely hood is that more will be acquired, cardboard boxes wouldn't suffice. Today i ordered a big box of Legos. I figure that i can build some sort of multiblade rack with them. I'm not real handy, so PVC pipe racks are out.

I also have the Bitfury starter kit on order and a couple of miners from BFL on order that i don't want to talk about. The thing is, i can't seem to stop myself. The Arms race is killing me. I don't even wanna think about how much i've spent on this Hobby.

I am truely addicted to this thing called Bitcoin Mining...


Salvage and sell off anything that you can, buy those thing from cex.io. Now you have a clean hobby.

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