Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [TCX] TorrentCoin ╠Proof of Seeding╣ ╠Anon P2P File Sharing╣ ╠No Premine╣
by
Atomicat
on 06/04/2015, 22:43:48 UTC
He's using a laptop :/ It'll overheat and kill his computer.

Surprisingly though, people actually DO run software on their laptops.  The program I pointed to manages threads and cpu usage.  You set min and max CPU percentage, threads, even targeted hash-rate.  All designed so that the n00b isn't going to cook their chip.  Believe me, when it comes to keeping chips cool, I know what I'm talking about.  As for mining, most people do it just for fun, just to get a piece of coin to play with and practice trading.  Actually, after looking at the numbers at present, MAGI is just a bit too unprofitable.  Now here's an interesting coin...

https://bitcointalk.org/index.php?topic=778322.0

Now here's the thing... As you can see by buddy's numbers there, 7 Kh/s/thread, GPU's usually  hash around 500-1000 times as fast as CPU's, give or take an order of magnitude but who's counting.  Now although there are GPU implementations of the Quark algo, GPU programs are only about ten times as fast.  That kind of even things up a bit.  I don't think anybody can fool themselves into thinking they're doing this for the money, unless they've got a huge farm or something.  We all know it's for pennies, but it's fun, and edumacational.


Done properly, you can make a killing off mining.
You need the initial funds though.

I grabbed a 160 Mh/s X-11 rig today because Start was high on the profitability scale, going up, difficulty going down, yadda yadda.  That big rack of cards churning away managed to mine an actual whole DOLLAR in the three hours I had it.  Yeah, it's possible, with the right breaks, and the right connections, line on hardware, lotta other things.  When the smoke clears though there's gonna be a whole lot more folks who lost money than made it though.  As with the gold-rush though, the real money is in supply, equipment that is.  I expect I'll be getting wicked deals on video-cards that people thought they bricked (without knowing a few un-bricking tricks) and thought they fried.  Right now I'm using this tasty R9-290 that I got for $200 Canadian because well... when I fired it up I found it was idling at 80-90C!!  Now I have trouble even getting it to hit 75, overclocked to 1200/1800.  $200 for a $600 card.  Then there's this 7950 I got last week for $80... "bricked"?  NOT!