SgtSpike (OP)
Legendary
 Offline
Activity: 1400
Merit: 1005
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May 05, 2011, 06:27:17 PM |
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Well, how many DO you have?
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ploum
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May 05, 2011, 06:28:16 PM |
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This poll has already been done, isn't it?
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SgtSpike (OP)
Legendary
Offline
Activity: 1400
Merit: 1005
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May 05, 2011, 06:36:47 PM |
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It's possible... I didn't find anything though. Besides, it never hurts to have an updated poll that all us newbies can participate in as well.  |
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eleuthria
Legendary
Offline
Activity: 1750
Merit: 1007
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May 05, 2011, 06:46:53 PM |
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I'm generating around 50/day, but I'm selling off every 200-300 to ensure that my hardware is all paid off rather than holding it for speculation. Depending on difficulty jumps, all my 5 rigs should be paid for in about 5 weeks.
I'm still unsure about what the difficulty change will be AFTER this one due to the OCN thread causing a big spike in computing power during this difficulty, which is already starting to die down. The damage has already been done by it regarding the next jump, but I have a feeling the following jump will be minor (< 5%), or even a drop.
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RIP BTC Guild, April 2011 - June 2015
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gigabytecoin
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May 05, 2011, 11:42:32 PM |
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I'm generating around 50/day, but I'm selling off every 200-300 to ensure that my hardware is all paid off rather than holding it for speculation. Depending on difficulty jumps, all my 5 rigs should be paid for in about 5 weeks.
I'm still unsure about what the difficulty change will be AFTER this one due to the OCN thread causing a big spike in computing power during this difficulty, which is already starting to die down. The damage has already been done by it regarding the next jump, but I have a feeling the following jump will be minor (< 5%), or even a drop.
What if the difficulty goes through the roof, and you have sold all of your bitcoins to pay for your rig? Then you'll just be left with a bunch of video cards and nobody to sell them to  I suggest you hold on to them for at least a few more months. |
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Alex Beckenham
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May 06, 2011, 12:33:05 AM |
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I think you should also write 'You're lying!' next to the '0-10' option.
I have one of the following amounts:
152.73
1527.31
15273.19
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PwrLeveld
Member
Offline
Activity: 336
Merit: 10
Computta Mine Your Own BTC
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May 06, 2011, 01:50:59 AM |
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I have less then 1 as I spent some and only have a radeon 5670 and I don't run it 24/7. Also, I only found this from ocn the other day and am quite mad they don't allow discusion of bitcoin on their site.
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Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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Garrett Burgwardt
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May 06, 2011, 01:56:40 AM |
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I have less then 1 as I spent some and only have a radeon 5670 and I don't run it 24/7. Also, I only found this from ocn the other day and am quite mad they don't allow discusion of bitcoin on their site.
Well you can certainly discuss bitcoin here  Just a suggestion, if you're just here for the mining, take a few minutes to read over what bitcoin is and why it's so good - odds are you probably will want to actually use it rather than just mine |
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SgtSpike (OP)
Legendary
Offline
Activity: 1400
Merit: 1005
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May 06, 2011, 02:34:21 AM |
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I think you should also write 'You're lying!' next to the '0-10' option.
I have one of the following amounts:
152.73
1527.31
15273.19
No way! I still don't have 10 myself... want a screenshot of my deepbit account? Lol... |
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PwrLeveld
Member
Offline
Activity: 336
Merit: 10
Computta Mine Your Own BTC
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May 06, 2011, 02:59:43 AM |
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I have less then 1 as I spent some and only have a radeon 5670 and I don't run it 24/7. Also, I only found this from ocn the other day and am quite mad they don't allow discusion of bitcoin on their site.
Well you can certainly discuss bitcoin here Just a suggestion, if you're just here for the mining, take a few minutes to read over what bitcoin is and why it's so good - odds are you probably will want to actually use it rather than just mine Oh, no I'm not here just for mining. I think the entire idea is great. My dad is just a little skeptical. He wories about the legality and also thinks it is a sort of get rich quick scheme. I think it is great to have a currency that is not goverment controlled especialy the way the US has been managing the money supply. |
Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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eMansipater
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May 06, 2011, 04:22:20 AM |
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Your dad is a wise man--BitCoin itself is supposed to be a currency, not a moneymaker. The real work of growing the BitCoin economy requires people to build businesses and earn wages in bitcoins. People making money in mining or speculating right now are just profiting off of being ahead of the curve. It's still a long, hard road before BitCoin becomes stable and established. There's no such thing as free money!
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If you found my post helpful, feel free to send a small tip to 1QGukeKbBQbXHtV6LgkQa977LJ3YHXXW8B Visit the BitCoin Q&A Site to ask questions or share knowledge. 0.009 BTC too confusing? Use mBTC instead! Details at www.em-bit.org or visit the project thread to help make Bitcoin prices more human-friendly. |
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PwrLeveld
Member
Offline
Activity: 336
Merit: 10
Computta Mine Your Own BTC
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May 06, 2011, 04:25:30 AM |
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Well, I just want to use it as a way to pay off the difrence between my current grafics card and a 5770. It would not take that long to get that many bitcoins if running 24/7.
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Dear GOD/GODS and/or MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS: Please let CHAUL JHIN KIM win the NEW ZEALAND POWERBALL JACKPOT. He will use the money to set up his own RESEARCH LAB and find the CURES for CANCER and AGING! He will release the CURES into the PUBLIC DOMAIN! (a la Jonas Salk) EVERYONE regardless of wealth will no longer need to SUFFER! CHILDHOOD CANCER will also be HISTORY! Thank you! - A Faithful Believer. P.S. If anyone is reading this then please pray with me!
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gigabytecoin
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May 06, 2011, 08:19:39 AM |
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Well, I just want to use it as a way to pay off the difrence between my current grafics card and a 5770. It would not take that long to get that many bitcoins if running 24/7.
That's the spirit. |
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DareC
Member
Offline
Activity: 83
Merit: 10
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May 09, 2011, 01:43:55 AM |
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Currently 20 and a bit in my wallet. Besides my 0.05 from the faucet, all of it is from mining on the 6990 I bought less than a week ago mostly for that purpose (but also because it's awesome).
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Rena
Newbie
Offline
Activity: 19
Merit: 0
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May 09, 2011, 04:31:07 AM |
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0.05. I don't have any equipment to mine with and they're surprisingly difficult to buy if you don't have PayPal, so... |
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ploum
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May 09, 2011, 07:15:31 AM |
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0.05. I don't have any equipment to mine with and they're surprisingly difficult to buy if you don't have PayPal, so... Offer something against bitcoins. Goods or services ;-) |
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codemojo
Jr. Member
Offline
Activity: 35
Merit: 4
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May 17, 2011, 04:10:22 PM |
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This should probably be more Gaussian, but I'm putting it out anyway as a thought experiment:
1 person, Satoshi, has a million BTC
10 have 100.000 BTC (2 MIO total)
100 have 10.000 BTC (3 MIO total)
1000 have 1.000 BTC (4 MIO total)
10000 have 100 BTC (5 MIO total)
100000 have 10 BTC (6 MIO total)
1 + 10 + 100 + 1 000 + 10 000 + 100 000 = 111 111 users
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SgtSpike (OP)
Legendary
Offline
Activity: 1400
Merit: 1005
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May 17, 2011, 04:16:05 PM |
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This should probably be more Gaussian, but I'm putting it out anyway as a thought experiment:
1 person, Satoshi, has a million BTC
10 have 100.000 BTC (2 MIO total)
100 have 10.000 BTC (3 MIO total)
1000 have 1.000 BTC (4 MIO total)
10000 have 100 BTC (5 MIO total)
100000 have 10 BTC (6 MIO total)
1 + 10 + 100 + 1 000 + 10 000 + 100 000 = 111 111 users
Very interesting... I wonder how well that would actually match up with the real-world statistics. |
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Timo Y
Legendary
Offline
Activity: 938
Merit: 1001
bitcoin - the aerogel of money
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May 17, 2011, 04:45:44 PM |
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Your dad is a wise man--BitCoin itself is supposed to be a currency, not a moneymaker.
Bitcoin is whatever the market decides it is. The real work of growing the BitCoin economy requires people to build businesses and earn wages in bitcoins.
Even if Bitcoin was used purely as an investment vehicle it could still become a large and sustainable economy in its own right. People making money in mining or speculating right now are just profiting off of being ahead of the curve. It's still a long, hard road before BitCoin becomes stable and established. There's no such thing as free money!
Yes there is. Every time anyone in history has managed to raise productivity simply by doing things more cleverly, new wealth was created without the need for extra work. This new wealth is effectively free money emerging out of thin air. Bitcoin is one such example. |
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v0rt3x666
Newbie
Offline
Activity: 3
Merit: 0
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May 17, 2011, 04:53:44 PM |
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I got lucky and minted a block of 50 about a week ago. I don't expect that to happen again soon, but it was pretty exciting!
I'm wondering how many to keep and how many to let go. Do I understand right, that for my minted coins, on the ones I spend and release into the market, I collect any transaction fees on my coins as they are spent through the economy?
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Poll
