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Bitcoins!

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

  1. huayra.agera

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    My WU/hr is .78. Doing some computation yielded me : 0.78*0.2$=0.156$/hr; 10$/0.156$ = 63.856Hours if I computed right. Do you think I have produced bitcoins that time? 220khps is the rate of my card.

    Well I did not turn my computer on 24/7 more of 8hr a day.
     
  2. matteumayo New Member

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    Last night I turned off my PC to give it a rest, because I noticed that the video output quality from the card was getting a little fuzzy, and after closing it sharpened up back to normal.

    I might turn it back on tonight, not sure.

    I'm thinking of waiting for slush's pool to open up, then run that for a while, and hopefully get to the ~60BTC needed for the $50 virtual visa.

    I also have about $8.00 in C4C so I might run that over night and send it as bitcoins to my address :]
     
  3. matteumayo New Member

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    With ~70 hours I bet you could get a bitcoin, just remember, there is that luck factor.

    I got lucky and after ~30hrs I got my first block, but ran dry for the next couple days, so I'm taking a break (see above post).
     
  4. huayra.agera

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    @matteumayo
    I just was going to finish up to Feb 28 fro C4C then do bitcoin. And would you mind giving us a heads up on the opening of some of the pools we could join. Thanks!
     
  5. n-ster

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    Not getting any luck... been almost 5 days of non-stop 278Mhash with my 6870 OCed to 1040 Core 300 Mem..

    BEWARE!!!! Bringing mem clock below 300 = substantial loss in Mhash/s

    Also, Pro tip: The way Bitcoin used the GPU at 100% isn't nearly as stressful as games. I BSOD almost instantaneous on 975 Core in games and benches, but 1040 core with bitcoin no problem. Also, it seems the Core clock is somewhat exponential in Mhash gain. at 900 I'm at 230Mhash/s, at 1000 I'm at 255~257Mhash, at 1040 I'm at 275~278 Mhash/s
     
  6. AphexDreamer

    AphexDreamer

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    matteumayo says thanks.
  7. n-ster

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    The difficulty rised, and by alot..... by OVER 40%, I think it is even OVER 50%!

    price of bitcoin stabilized today at 0.9 for now, a drop from 0.97. It seems like bitcoin is starting to become less appealing.

    It was a get rich quick scheme for a few though. some people made 10K bitcoins with LAPTOPS a few months back and cashed out at ~1.1$, making them 10K profit at least
     
  8. matteumayo New Member

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    I don't think "get rich quick scheme" applies to everyone, I just like the idea of having some extra cash for little to no work. :pimp:
     
  9. n-ster

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  10. HookeyStreet

    HookeyStreet Eat, sleep, game!

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    Sounds dodgy to me :shadedshu
     
  11. AphexDreamer

    AphexDreamer

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    Well I got another 50 bitcoins.


    Yup... :pimp:
     
    pantherx12 says thanks.
  12. n-ster

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    :mad: 8 straight days without luck at 280Mh/s
     
  13. erocker

    erocker Super Moderator Staff Member

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    It's great if you don't pay for your own electricity and you like the prospect of maybe making a little money (or losing money if you do pay for electricity) and you like taking chances with something new and not determined to be really legitimate or not. Not for me.
     
    HookeyStreet says thanks.
  14. n-ster

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    so many people got paid, it isn't that dodgy
     
  15. pantherx12

    pantherx12 New Member

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    I'm fairly sure bitcoins have been going for a fair while as well.

    People fear( at the least are wary of it) the different though.
     
  16. AphexDreamer

    AphexDreamer

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    Lol I dont mean to rub it in but I have even been turning my computer off. I just decided to have it run last night after a day of it being off and got a block :)
     
  17. matteumayo New Member

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    :mad:

    Damn you and your luck!

    I'm gonna cash out the $14 in C4C as bitcoins, and then join a pool.
     
  18. erocker

    erocker Super Moderator Staff Member

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    Sure they did! It's just not cost effective.
     
  19. AphexDreamer

    AphexDreamer

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    Well if it means anything I got a parking ticket for 27.00 and I'm probably going to use the money made from bitcoins to pay it off :mad:
     
  20. Bo$$

    Bo$$ Lab Extraordinaire

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    no one is listening mate :(
     
  21. yogurt_21

    yogurt_21

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    wait seriously people are still doing this? lmao.
     
  22. AphexDreamer

    AphexDreamer

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    Wait seriously people are still making these comments. XD
     
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  23. n-ster

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    For ATI users it is!

    The 5870 has a TDP of 188W, and at stock, the 5870 pulls 315Mh/s. Already there it makes:

    210.5 hours on average for a block of 50 BTC, makes 4.21 hours per BTC. 4.21 hours * 188W = 791.48 Wh per BTC (or 0.94$ atm). Lets say a huge electrical cost of 0.205 cents per KWh... That makes 16 cents per bitcoin. profit is 78 cents for every bitcoin. Take 2 cents off if you join a pool for steady payout = 76 cents. About 4.50$ profit per day, about 140$ a month.

    All this is after the 50+% difficulty increase we got, and does not count OCing. My 6870 gets 230h/s stock, 282Mh/s after OC, and since I put the mem clocks on idle, it doesn't consume that much more

    At the previous difficulty, You could make OVER 8$ per day with a 5870. ~250$ a month. and on feb 17th you could make 10~11$ a day, Thats 325+$/month.
     
    Last edited: Mar 3, 2011
    pantherx12 says thanks.
  24. pantherx12

    pantherx12 New Member

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    Thank you very much for explaning what I couldn't phrase :laugh:

    Hell it takes me nearly 5 hours to run up a kilowatts worth of power for a card like mine running this kind of app. 5 hours for it to cost me 20 pence is not bad :laugh:.

    Due to conversion I'll be making less than you American folk but as I said, Christmas bonus isn;t bad :laugh:
     
  25. CrAsHnBuRnXp

    CrAsHnBuRnXp

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    Ive never heard of this have have no idea what the hell the point of it is.
     

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