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Author Topic: Time To Stop Mining?  (Read 3156 times)
TheGer
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July 21, 2011, 03:03:15 AM
 #21

I stopped mining for 2 days because of the blistering heat.  My AC could not keep up.  Back online now that the temp has dropped.  It ell evened out though when the MTGOX price spiked to almost 15 and all my coins sold.  Boucht again when it was low and recouped about as much coins as I would have mined.  Happy Days!
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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Seraphim401
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July 21, 2011, 06:50:21 AM
 #22

Time to stop?Tell that to the 2 5870 I just bought on ebay!
Damn you Bitcoin!

Ps: Screw everyone who's mining NMC after the diff drop,only to abandon it when it hits 80000+

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July 21, 2011, 02:19:13 PM
 #23

I know a guy that just pulled the plug on 8 6970's.    Grin
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July 21, 2011, 02:29:33 PM
 #24

I buy a new 6970 (plus additional parts when needed) every 2 weeks.

I am not in it for the money, so I don't mind spending a couple grand every months to keep up/overcome difficulty rises every so often.

+1

Bitcoin for me is a hobby, anyway you could always sell the cards and with the profits made from mining theoretically you should come out above your investment. As long as I am covering the cost of electricity I am okay with mining for bitcoins.
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July 21, 2011, 02:34:01 PM
 #25

Time to stop?Tell that to the 2 5870 I just bought on ebay!
Damn you Bitcoin!

It's not really bitcoin's fault you know Cheesy

Quote
Ps: Screw everyone who's mining NMC after the diff drop,only to abandon it when it hits 80000+

Lol, just saw the massive dip on the NC chart Cheesy
Since I do like the idea of a decentralized DNS, although I don't really think there's much value in a NC that only works with .bit domains, I'll sacrifice a few BCs and contribute some hashes for a day or two if it's any help.
tonto
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July 21, 2011, 03:34:59 PM
 #26

I don't mine because I don't want to wear my card out for Battlefield 3.

I'm hoping to make enough from Bitcoin to be able to have a dedicated rig with a 6990 ready for when BF3 comes out. The games going to be kickass IMO.

As for not mining, I can't stop - I'm well addicted now.  Tongue

I'm also using my bitcoins to (slooowly) build up a good gaming rig.  I got the case (corsair 800d), and now working towards a 6990 (or two, depending on how well bitcoins do later in the year).  I was never in it to profit (plus I didn't get into bitcoins until May).  Just for some casual cash to buy computer crap that my wife won't let me buy.
 
She doesn't see the few extra cents per month in electricity, and also doesn't see any unusual credit card purchases (thanks to newegg gift cards purchased via bitcoins) Smiley
 
I'll admit I should have got the 6990 first before the case (so that I could earn more bitcoins to make this faster)... but my current case can barely keep my 5770s cool, so I needed to get that first.
 
After 6990s will come some SSDs Smiley
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July 21, 2011, 03:38:35 PM
 #27

Just ordered 14 x 1250 watt power supply, to be delivered tuesday.
Outstanding order of 37 x 6970 to be delivered 2nd of August.

Small stugg on the side.

Monday I sign the lease for a 42 rack data center location that will go operational the moment we get DSL there Wink

if anything fails, in September I have 150 x 6970 for sale Wink
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