1. Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Bitcoins!

Discussion in 'General Software' started by pantherx12, Feb 17, 2011.

  1. james888

    james888

    Joined:
    Jun 27, 2011
    Messages:
    5,221 (3.57/day)
    Thanks Received:
    2,576
    Isn't mega involved with bitcoins somehow? I know the winklevauss twins are involved too, or however you spell it, but I don't know to what scope.
     
    Crunching for Team TPU
  2. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    1,565 (0.54/day)
    Thanks Received:
    747
    Winklevoss run coinbase.
     
    james888 says thanks.
  3. Laurijan

    Laurijan

    Joined:
    Feb 10, 2007
    Messages:
    2,305 (0.75/day)
    Thanks Received:
    371
    Location:
    Oulu, Finland
    Hi! I got a 10GH/sButterfly labs device for next to free and want to invest in a more powerful miner.
    I have looked at the Antminer S1 with 180GH/s but am open to suggestions.
     
  4. Chevalr1c

    Chevalr1c

    Joined:
    Sep 3, 2010
    Messages:
    3,396 (1.93/day)
    Thanks Received:
    1,599
    Location:
    NL, Europe
    Wait until the new ASICs come out. They will be far more efficient and powerful, and will make the BTC network diff go up rendering your stuff quite useless.
     
    Crunching for Team TPU
  5. Laurijan

    Laurijan

    Joined:
    Feb 10, 2007
    Messages:
    2,305 (0.75/day)
    Thanks Received:
    371
    Location:
    Oulu, Finland
    Link?
     
  6. qu4k3r

    qu4k3r

    Joined:
    Apr 7, 2009
    Messages:
    279 (0.12/day)
    Thanks Received:
    209
    Location:
    Valencia, Venezuela
    Crunching for Team TPU
  7. broken pixel

    broken pixel

    Joined:
    Aug 12, 2012
    Messages:
    406 (0.39/day)
    Thanks Received:
    246
    Location:
    Nebulas
    Where in the hell you get that from? Coinbase was founded by two guys named Brian & Fred, Brian is the CEO.
     
    R-T-B says thanks.
  8. Chevalr1c

    Chevalr1c

    Joined:
    Sep 3, 2010
    Messages:
    3,396 (1.93/day)
    Thanks Received:
    1,599
    Location:
    NL, Europe
    A Blackarrow Prospero X-1 is newer and stated to be much more efficient than a Antminer S1 (google for reviews just in case). I do not know what BFL, Technobit etc. are coming with in future but past trends have shown that it might be wise to wait (or get such a Prospero if reviews are positive). Preferrably, get a standalone miner if you can so that it does not need a PC or other host (with PSU and paperclip trick), because that saves you some power and leads to less driver etc. issues.
     
    Crunching for Team TPU
  9. broken pixel

    broken pixel

    Joined:
    Aug 12, 2012
    Messages:
    406 (0.39/day)
    Thanks Received:
    246
    Location:
    Nebulas
    Last edited: Jul 24, 2014
  10. Chevalr1c

    Chevalr1c

    Joined:
    Sep 3, 2010
    Messages:
    3,396 (1.93/day)
    Thanks Received:
    1,599
    Location:
    NL, Europe
    Note that energy prices are much higher in Europe than in NA, which makes otherwise awesome deals barely profitable here. Making folks stuck at (say) $0.10 profit at current value (and no BTC will not go to the moon this year, now there are no Mt.GOX bots any longer. Maybe we break the $700 resistance line in a few months but certainly no rockets).

    If buying current gen ASICS, stick to gold-rated Ebay sellers with good 2nd hand machines and undervolt them.
     
    Crunching for Team TPU
  11. Laurijan

    Laurijan

    Joined:
    Feb 10, 2007
    Messages:
    2,305 (0.75/day)
    Thanks Received:
    371
    Location:
    Oulu, Finland
  12. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    1,565 (0.54/day)
    Thanks Received:
    747
    You are completely correct. I was going by word of mouth, aparently a very unknowledgable mouth in this instance. Never trust the trollbox...

    In other news:

    I'm getting one of the big Zeusminers latest scrypt asics tomorrow. Am planning a teardown to replace the notoriously bad thermal paste on the notoriously hot 55nm chips (yes, they are inefficient, but I have very cheap electric so I don't mind). Anyone interested in a photolog of the teardown?

    Fresh from china, shipping overnight from Hong Kong. :)

    This is what I ordered, with a signifigant amount of couponage mind you (paid less than $600 );) :

    http://zoomhash.com/collections/top...nder-x6-18-20mh-s-low-power-scrypt-asic-miner
     
    Last edited: Jul 25, 2014
    james888 says thanks.
  13. Laurijan

    Laurijan

    Joined:
    Feb 10, 2007
    Messages:
    2,305 (0.75/day)
    Thanks Received:
    371
    Location:
    Oulu, Finland
    How come it has only 44MH/s?
     
  14. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    1,565 (0.54/day)
    Thanks Received:
    747
    Scrypt ASIC. Scrypt mines at about 1/1000th the rate of bitcoin. Mines coins like litecoin, etc. Not bitcoin. This is one of the first scrypt asics to be made (techincally, the third batch but still very early adopter stuff).

    At the moment, 44MH in litecoin will earn you a little over 15USD a day, but that may change quickly as the ASICs come online.
     
  15. broken pixel

    broken pixel

    Joined:
    Aug 12, 2012
    Messages:
    406 (0.39/day)
    Thanks Received:
    246
    Location:
    Nebulas
    It is a Scrypt miner hence the 44MH/s = 4.4GH/s.
     
  16. broken pixel

    broken pixel

    Joined:
    Aug 12, 2012
    Messages:
    406 (0.39/day)
    Thanks Received:
    246
    Location:
    Nebulas
    Around 0.0116 per day.
     
  17. Darkrealms

    Joined:
    Feb 26, 2007
    Messages:
    852 (0.28/day)
    Thanks Received:
    23
    Location:
    USA
    Your best bet right now to get in at a low cost will be the BitMain Tech AntMiner S3 (bitmaintech.com). It is the 22nm current gen ASICs chip (the S1 and S2 miners are 55nm chips). The catch to these miners is that you will need a 750-850 watt PSU to power two of them.
    The two most efficient miners to market [Right Now] AntMiner S3 and Spondoolies SP30 but the Spondoolies unit is out of stock.

    However anyone that is looking to make bank on mining is out of luck. I still mine but I understand I will not make the kind of BTC I made back in 2010/2011 (stupidly only running only one cpu then one video card).
    Think of it like $1 will probably get you $1.25 worth of BTC after 4+ months of mining with a S3 (current right now) after power, a/c, unit cost, etc is all added up. Its a great way to convert into BTC over time without having to use an exchange. And hey BTC is going "to the moon", right ; )
     
  18. broken pixel

    broken pixel

    Joined:
    Aug 12, 2012
    Messages:
    406 (0.39/day)
    Thanks Received:
    246
    Location:
    Nebulas
  19. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    1,565 (0.54/day)
    Thanks Received:
    747
    Wow, great way to start my scrypt mining asic...

    2 days ago, I lept up to greet the DHL driver excitedly, but was not fully awake yet. I took about 2 steps and fell against the wall. Instinct told me to brace myself, which resulted in my arm bending all the way backwards and shattering my upper arm humorous (sp?) into 3 distinct pieces. My arm was hanging on by soft tissue, and I came close to needing an amputation. I have over 22 screws in my arm now and 2 steel plates, and am hopped up on Vicadin as I write this...

    My father acted as my arms, and we did get the miner running, but without knowledge of how to tune it it;'s only doing 33MHash. Still good.

    I'll post photos of our handiwork and a full review in a couple of days, but it will be slow for obvious reasons. Doing everything with your left hand sucks....
     
    Chevalr1c says thanks.
  20. james888

    james888

    Joined:
    Jun 27, 2011
    Messages:
    5,221 (3.57/day)
    Thanks Received:
    2,576
    Sounds like you had a good day. What was the DHL drivers reaction to this man opening his door severely injured?|
     
    Crunching for Team TPU
  21. MT Alex

    MT Alex

    Joined:
    Aug 2, 2009
    Messages:
    3,891 (1.80/day)
    Thanks Received:
    1,703
    Sorry about your injury, that's going to be a hard one to recuperate from.
     
  22. theJesus

    theJesus

    Joined:
    Jul 20, 2008
    Messages:
    3,989 (1.57/day)
    Thanks Received:
    875
    Location:
    Ohio
    Sue DHL
     
  23. R-T-B

    R-T-B

    Joined:
    Aug 20, 2007
    Messages:
    1,565 (0.54/day)
    Thanks Received:
    747
    lol... the driver was long gone. Either didn't hear me and was moving quickly back to the truck, or DID hear me and ran like hell. The way I was screaming and cussing, I'm not going to sue because it WAS pretty scary sounding.

    ...Am surprised he didn't call 911 or something though. Fortunately my father was home and helped me in a matter of minutes.
     
    Last edited: Jul 28, 2014
  24. THE_EGG

    THE_EGG

    Joined:
    Dec 15, 2011
    Messages:
    1,709 (1.32/day)
    Thanks Received:
    610
    Location:
    Brisbane QLD, Australia
    The things people do to mine bitcoins... It must have been a big ass tumble for you to require all that, glad you didn't have to get it amputated though :O

    Looking forward to pics of the miner, see if you can get Dragon or something for voice recognition on your pc.
     
  25. theJesus

    theJesus

    Joined:
    Jul 20, 2008
    Messages:
    3,989 (1.57/day)
    Thanks Received:
    875
    Location:
    Ohio
    Pfft, suing for things beyond the defendant's control is the American way.
     
    THE_EGG says thanks.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guest)

Share This Page