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Bitcoins!

I just started bitcoin though I barely understand it:laugh:, I don't pay for electricity so might be profitable the thing is Im getting like 2M/Hash and I'm on a 128 kbps conection so you guy's think I'll earn any bitcoins? my HD6850 is being used for gaming only I still don't understand how to use my Gpu eitherway :confused: so I need some pointers:D
 
I just started bitcoin though I barely understand it:laugh:, I don't pay for electricity so might be profitable the thing is Im getting like 2M/Hash and I'm on a 128 kbps conection so you guy's think I'll earn any bitcoins? my HD6850 is being used for gaming only I still don't understand how to use my Gpu eitherway :confused: so I need some pointers:D

For 2 Mhashes/sec your averaging 2295 days, 8 hours.

Use this site to determine how long it will take. http://www.alloscomp.com/bitcoin/calculator.php

You really need to use that GPU.

To set it up. Install ATI Stream SDK 2.4 and then use this GUI for mining to easily get your GPU mining bitcoins.

http://www.bitcoin.org/smf/index.php?topic=3878.0

Even with 360 Mhashes/sec you might want to consider joining a Pool of miners that all share the work and the doe which helps with payout when difficulty increases (Difficulty can become harder or easier).

Their are several pools out there to be a part off. Most if not all should be listed under the SErver drop down menu of that GUI Miner. Pick one google it make an account with them, set it up and boom your in the pool.

Personally I"m apart of Slushs Pool. Just google Slush Pool Bitcoin and first one is his site.

Good Luck!
 
Use Tyco's pool. I find it much easier and full of features. deepbit.net You can expect 180~200 Mh/s for that 6850, I get 520~540 Mh/s (260~270 each) for 2 6870's OCed to 1020 core 341 mem
 
Think a second 6850 would help me a bit?
 
It would do as much as the 1st 6850
 
I've got an Msi GD70 with a Athlon x3 410e brand new on my closet besides a couple of HD 4830 and a couple of HD 6850, could the four work at once?
 
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yea, but it might be better to not use the CPU as the only real difference itll make is the heat in the room... the 4830 will be slow, but with free electricity, why not? However, I'd still suggest to just mine with only the 6850s as it would p-revent any potential problems
 
Thanks, I'll build a second rig for each set o gpu's:toast:

NINJA EDIT: I've got another question I created an account on deepbit but I have no Idea how to creat a wallet as matter of fact I don't even know what the wallet is :p
 
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Thanks, I'll build a second rig for each set o gpu's:toast:

NINJA EDIT: I've got another question I created an account on deepbit but I have no Idea how to creat a wallet as matter of fact I don't even know what the wallet is :p

Oh you need to download the Bitcoin Client as well.

Thats like Downloading your wallet. Once you get it it generate a key that grants access to your wallet.

http://www.bitcoin.org/
 
Wow 24 Bitcoins just got me $60.69 US dollars! Straight to my paypal!

Sweet!
 
The high for today is 2.749$ per BTC!

I lost 100BTC at 1.02 each yesterday as I had sold an option >.> stupid thing to do lol
 
The high for today is 2.749$ per BTC!

I lost 100BTC at 1.02 each yesterday as I had sold an option >.> stupid thing to do lol

Wow I am surprised BTC has gone up 3x. How hard is it to actually generate BTC now? Sounds like the currency is really volatile still however.
 
depends on your GPU and your overclock

It takes exactly 8.5 days on average for me to generate 50 BTC, with 2 * 6870 overclocked to 1020/341. With 2 5970s and an average overclock, it would take 3.25 days for 50 BTC. Note that there are pools so that your reward is split. The higher the pool's speed, the more frequently you get paid... the bigger ones pay you on average every 45 mins to an hour or so.

atm, 50 BTC is easily worth 130$

Source
 
I can't believe how much the price has gone up recently.

I wish I didn't sell my 100btc at 1$ a month ago :[
 
I saw it coming... If you analyse well enough the patterns, you understand how similar it can be to gold, and how it goes up and down. notice that when bitcoin rises, it rises fast. Notice that there is always over speculation and a quick correction. you gotta also understad the logic of bitcoins if you are looking in the long run.

By 2012, BTC may well be over 15$, even 20$ per BTC
 
Tempting.... Any idiots guide to setting this up?
 
lots :p but I don't feel like finding them sorry :o If you'd like, I'll set it up for you... won't take much time at all... (through remote desktop). PM me if you want me to help
 
I'll be trying this out, and the FAQs page for bitcoin is still incomprehensible for me. Any "simpler" explanations from people here?
 
download the program, download sdk 2.1, download m0mchill's poclbm miner, and follow instructions then....

by download I mean install as well

an example of my .bat file:

start /DC:\bitcoin\poc poclbm.exe -d 0 -v -w 128 -f 120 --host=mining.bitcoin.cz --port=8332 --user= --pass=
 
WOW phoenix miner is MUCH faster for me.... getting close to 300mh/s instead of 275mh/s for each of my 6870s
 
You'll think I'm hard headed (probably I am) but I can't seem to use the miner's except the Gui poclbm on deepbit no other miner start's up, no nada:confused: If you have time could you explain I'm getting some sucky Mhash like 98 with 1 HD 6850 and 135 with both.
 
Anyone who can make a more detailed, step-by-step guide for me?

I got the original Bitcoin client, and I got "RPC miner" too, as it uses CUDA.

I'm currently "Generating" in the client too, but I don't know how to use this "miner", or what it is for actually. LOL

EDIT: Well apparently I'm not supposed to "generate" for now and should wait for the client to get all the blocks LOL
 
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120 Mh/s using deepbit.net, RPC Miner (CUDA), should I use a different miner? (GTX 570)

LOL Things are so slow here, considering it's running right now LOL


EDIT: Wrong conversion, that was just 12 Mh/s. Right now it's 60Mh/s. So should I still switch miners?
EDIT2: Nah, AMD GPUs are just better. Gotta wait for the time that I'll be able to get my Acer PC with a 4870 to compensate...lol
 
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Get the GUI Miner as well. All the links and info required to set this up should be at the top of this page or on the bottom of the last.
 
Well I got it to 120-128 Mh/s at least, with some OC. At stock it's 108-114 Mh/s. Maybe the two laptops could help later LOL
 
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