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Bitcoins!

I got "paid" a few times... but really, you should look at Bitcoin as virtual currency. If you read about the mechanics of bitcoin and understand how it works, you also understand its genius!

nice read: http://www.cio.com.au/article/380394/open_source_identity_bitcoin_technical_lead_gavin_andresen

atm the currency is rising from a fall. people panicked when they saw the difficulty was about to GO DOWN instead of going up so many people left (ie: sold all there bitcoins) at lower prices and the prices fell by 15 cents on the USD. It is now back up to where it was before (~0.85$/bitcoin) and I expected to continue rising a bit.

Capture074.jpg


Capture075.jpg


as you can see, a few people regained trust in bitcoin or new miners came or something because the drop in difficulty is less significant than before. Still, difficulty better rise next time. I know I will be mining more

I will however sell all but the 100 BTC I sold as option till May 1st once the price hits ~0.90+$
 
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So is solo-mining still profitable?

I've only been getting ~2.50 to 3BTC a night in deepBIT.net's pool with a 5850.

I have close to a hundred BTC total, but it doesn't seem very profitable at this rate.

The reason I switched was because of the huge difficulty increase.
 
Which would explain why I haven't been getting anything lately.

I've stopped for a bit though since I'm play crysis 2.
 
No, pool is better unless you mine at or over 600Mh/s. Else it is too risky, not stable (ie: you could get nothing for a month, or you could get 3 blocks in a week).
 
http://www.bitcoin.org/smf/index.php?topic=1493.msg71686#new

It seems that USD per BTC will rise a little more before stabilizing around 0.86~0.95$. I have about 100BTC that is tied to an option @ 1.02$/BTC until May 1st (I sold that option at 6.50$USD PM me if you wanna know what I mean, too tired atm lol) and another 100BTC that idk if I will sell around the 0.89~0.92$ range or not.
 
WOOT difficulty at 68978.89 !!!! Didn't go down as much as we would want to but always a good thing that USD --> BTC rise to 0.88+$ and Difficulty goes down... however, IT IS TIME TO MINE 24/7 TILL THE NEXT DIFFICULTY BEFORE IT SHOOTS UP AGAIN
 
Difficulty is up again, 82347
 
Exciting news!!!

After the March to mid-April slump in prices and rise in difficulty, things are looking up! There was a low of 0.56$ 10 days ago, and we are now at 1$ !!!!!

Capture143.png




Bitcoin has reached parity with the USD, and the trend is up!
 
n-ster said:
Exciting news!!!

After the March to mid-April slump in prices and rise in difficulty, things are looking up! There was a low of 0.56$ 10 days ago, and we are now at 1$ !!!!!

http://img.techpowerup.org/110414/Capture143.png



Bitcoin has reached parity with the USD, and the trend is up!
Click to expand...

Any alternative easy working methods of exchange? I still just use Bitcoin 2 CC but I'd like to convert less that 50 bitcoins a time.
 
6870 should hopefully be with me tomorrow or Monday and I can start mining again : ]

Seems like a good time as well, they still same value as a dollar?
 
-snip-
-snippy snip snip-

Problem solved, I was just too impatient.

If anyone wants to know, coincard is a very viable option, as they only take a 1% fee and it's nearly instant transfer. :]
 
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matteumayo said:
-snip-
Hey how long does it usually take for sent coins to be confirmed?

I sent 120 to CoinCard and it says 0/uncomfirmed for the past 15 minutes...

It won't let me continue because it says they haven't received payment.

_____________________________________________________________________________

OK, WTF

I sent 120BTC to them, and it said 0/uncomfirmed for 10 minutes, and then my order "expired"

They say I have to wait a day for refund.

What. the. fuck.

I'm freaking out here.
Click to expand...

I have yet to use them but please let me know how it turns out, I'll wait and see before I do :P

I'd like to add that when using Bitcoin to Virtual Visa I receive the funds instantly and get the Gift Card info rather instantly as well.
 
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AphexDreamer said:
I have yet to use them but please let me know how it turns out, I'll wait and see before I do :P

I'd like to add that when using Bitcoin to Virtual Visa the receive the funds instantly and give the Gift Card info rather instantly as well.
Click to expand...

That was my original plan, it just seems to complicated moving VV funds to PPal.
 
matteumayo said:
That was my original plan, it just seems to complicated moving VV funds to PPal.
Click to expand...

Well I just did it. I'll let you know what happens.
 
matteumayo said:
-snip-
Hey how long does it usually take for sent coins to be confirmed?

I sent 120 to CoinCard and it says 0/uncomfirmed for the past 15 minutes...

It won't let me continue because it says they haven't received payment.

_____________________________________________________________________________

OK, WTF

I sent 120BTC to them, and it said 0/uncomfirmed for 10 minutes, and then my order "expired"

They say I have to wait a day for refund.

What. the. fuck.

I'm freaking out here.
Click to expand...

Sometimes bots flood the bitcoin network and transactions are slow... is there a number or something? I can contact mndrix for you np. He is very trustworthy, don't worry, no need to freak out

EDIT: I left him a message on his thread for you
 
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Got my money through paypal.

You just have to be patient.
 
USD to BTC hit 1.08$ per BTC a few minutes ago! the all-time high was 1.1$
 
BTC value is up at 1.20$ USD per :D

Capture145.png
 
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So I recently did a reformat and now my card is running 5C hotter with 20% faster FAN speed with the Bitcoin GPU client then it did before I reformatted.

Only differences now is that is that I'm using CCC 11.4p and ATI Stream SDK 2.3 along with a new GUI Mining Client that seems to give me an extra 30 mhashes/sec but that could be because of the updated drivers? Before I used 11.2 and ATI Stream 2.1.

The confusing part is that my volts this time around are slightly lower than before. I use Asus AI tweaker (Its a bit glitchy I can never get it to give me the volts I tell it too) to modify volts and then monitor it with GPUz. Before I had 2.985 volts and now I have 2.875 with hotter temps.

Are the updated drivers enough for the Mhash/s Boost and increased temps?

I suppose I'll get a better idea once I play some games, but I'm waiting to get my steam account back atm.

Also is 85-86C safe temps?
 
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85-86 is SAFE, but can cause stability problems.

Downgrade back to 11.2 and 2.1 then, see if temps lower again
 
n-ster said:
85-86 is SAFE, but can cause stability problems.

Downgrade back to 11.2 and 2.1 then, see if temps lower again
Click to expand...

So it turns out I wasn't on any SDK. I just had installed the 11.3 openCL driver.

I have now installed 2.1 and temps are the same. Mhases are roughly the same, a bit higher if anything.
 
temps are the same as the high temps or the lower temps from before?
 
n-ster said:
temps are the same as the high temps or the lower temps from before?
Click to expand...

Temps are the same as the high temps.

My volts are lower than before I reformatted, I really don't get how my temps would get higher.

Maybe its cause its hot outside? Idk. Temp is at 87C now. It says its 81F in my house but it doesn't feel 81.

Maybe I"m overlooking it and it is just the weather. IDK :/ Before I reformatted even on hot days it would just reach 83.
 
try to downclock memory when you are only mining
 
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