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Showing 20 of 23 results by Andynerd
As right as you may be, my system simply does NOT pull that off. its static around ~250 mhps
Not sure what thats about, fresh restart, no startup items, nothing running. The rest of my computer im pretty sure is just as good as the 7970, so, yeah im not sure.
Not sure what thats about, fresh restart, no startup items, nothing running. The rest of my computer im pretty sure is just as good as the 7970, so, yeah im not sure.
Im just going off of what the wiki says.
Unfortunately you came in a little late for casual mining but i really hope this will not lead to the end of your interest in bitcoin. Post an address here for donations and ill send you a few cents worth of btc to get started with.
+1 People like you make this community awesome!
https://en.bitcoin.it/wiki/Mining_hardware_comparison
A 7970 can run you anywhere from 625 to 925 MH/s which at the current rate contribution/pool rate)*3600 or 625/25,000,000*3600 = 0.093 BTC a day Which means you'll get roughly 2.81BTC every 30 days.
Correct me if I am wrong!
A 7970 can run you anywhere from 625 to 925 MH/s which at the current rate contribution/pool rate)*3600 or 625/25,000,000*3600 = 0.093 BTC a day Which means you'll get roughly 2.81BTC every 30 days.
Correct me if I am wrong!
I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...
It's not wrong. Just do the math. What you're missing is that the network power is not yet 500TH. By the time ASICs hardware is available to someone who hasn't yet ordered, it likely will be.
OH CRUD (this forums needs a *facepalm*) I saw GH/s not TH/s my bad. Ya the investment isn't worth it, it would only be some what worth it for those people who receive the the models in the first few weeks.
Since there are 3,600 BTC up for grabs every day.
1 (25 BTC Block) every 10 minutes on average = 6 Locks per hour
6 x 24 Hours x 25 BTC = 3,600 BTC.
The best way to determine the amount you will get out of that (roughly)
Your take = (The amount hashing power you are contributing) / (Total hashing power network) * the number of BTC available.
So:
4.5 GH / 500 TH/s * 3,600 = 0.0324 BTC / day
That works out to about 0.972 BTC per month.
That doesn't take into account things like electricity costs or mining pool fees. It does give you a rough estimate or ball part figure.
If you are an optimist you can double it if yo think the network hash rate will only go to 250 TH, or half it if you think the network hash rate will go to 1,000 TH.
Check out my blog for some additional insight.
1 (25 BTC Block) every 10 minutes on average = 6 Locks per hour
6 x 24 Hours x 25 BTC = 3,600 BTC.
The best way to determine the amount you will get out of that (roughly)
Your take = (The amount hashing power you are contributing) / (Total hashing power network) * the number of BTC available.
So:
4.5 GH / 500 TH/s * 3,600 = 0.0324 BTC / day
That works out to about 0.972 BTC per month.
That doesn't take into account things like electricity costs or mining pool fees. It does give you a rough estimate or ball part figure.
If you are an optimist you can double it if yo think the network hash rate will only go to 250 TH, or half it if you think the network hash rate will go to 1,000 TH.
Check out my blog for some additional insight.
I am not saying this is wrong but I've been making that on 200Mh/s on slush's pool...
Re: Official Open Source FPGA Bitcoin Miner (Spartan-6 Now Tops Performance per $!)
I just wanted to through this idea out there, sorry if this thread is considered dead or not it has been quite a few days. I was kind of curious if it would be possible to implement an FPGA as a sort of hardware wallet that could be interfaced with an Ethernet adapter (say for arduino). Just kind of a thought I guess, some sort of stand alone, networked FPGA system that would hold onto your bitcoins and not rely on the computer (which can be more easily breached). I guess I'm thinking of something like a piggy bank for bit coins.
I'm trying this proxy thing out and it's working, but it keeps saying:
Statum from pool 0 requested work restart.
What does that mean?
Statum from pool 0 requested work restart.
What does that mean?
Don't worry about it, it just means that the server is requesting bfg to process a new data set. Like saying "Hey man hold up I've got another thing for you here".
OK, sweet. Looks like it's working then. It's kind of gay that the minimum payout limit is BTC0.05 at Slush. 50BTC is BTC0.01. I don't think it really matters in the long run though. I can't figure out if there is a transfer fee from their website. Is there one, when you cash out?
I have no clue I haven't transferred anything yet.
I'm trying this proxy thing out and it's working, but it keeps saying:
Statum from pool 0 requested work restart.
What does that mean?
Statum from pool 0 requested work restart.
What does that mean?
Don't worry about it, it just means that the server is requesting bfg to process a new data set. Like saying "Hey man hold up I've got another thing for you here".
I figured out this bfgminer and I think it had increased my mining by 20Mh! Will using this proxy method make it effect my web browsing while I mine?
No not at all, all it does is sniff port 8332 on the local host then when bfg miner connects to it, it connects to the server by the stratum protocol. It actually provides a minor increase in Mh/s as well.
I've been running on slush's pool for almost two days now with my 150Mh/s nvidia and my 45Mh/s nvidia laptop. I've managed to scrape together about 0.051 btc. Also if you try BFG and slush's pool you want to use his proxie software (only for bfg and rpc) and connect to local host, you get a reward bonus because it's more efficient. You can also make namecoins at the same time, they aren't work as much as bitcoins but it adds to the grand total.
Slush Proxie:http://mining.bitcoin.cz/mining-proxy-howto
Slush Proxie:http://mining.bitcoin.cz/mining-proxy-howto
I feel your pain, I have an nvidia as well. I found that GUIMiner especially hates NVIDIA. I've tried diablo, bfg,rpc miner and guiminer. I find that for Nvidia BFGMiner and rpc CUDA Miner work almost the same, though bfg just feels more stable. I am running an nvidia 570 oc to 900 stock voltage runs about 150Mh/s to 175Mh/s.
BFG: https://bitcointalk.org/index.php?topic=78192.0
RPC: https://bitcointalk.org/?topic=2444.0
BFG: https://bitcointalk.org/index.php?topic=78192.0
RPC: https://bitcointalk.org/?topic=2444.0
If I may make a suggestion: I find slush's pool to be pretty dang decent if you're willing to give it a try as well. Also if you're looking for a more advanced miner using BFGMiner can provide some more options.
Slush's pool= http://mining.bitcoin.cz/
bfgMiner= https://bitcointalk.org/index.php?topic=78192.0
Slush's pool= http://mining.bitcoin.cz/
bfgMiner= https://bitcointalk.org/index.php?topic=78192.0
I know that this does not answer your question, but I am going to say it before the others do. ASIC is going to make your miner non profitable. If profit is your goal you are going about it wrong.
What he said, your card will only generate 200-300Mh/s at best, the new ASICs will generate 4.5GH/s or billion hashes for about the same price as that card at the fraction of the electricity cost. You will most likely only make .03 to .05 bitcoins a day if in a pool.
If you're doing it for fun then you can use these:
Aggression=11 GPU=950 MEM=800 don't know if these work in guiminer but they work in CGminer.
https://en.bitcoin.it/wiki/Mining_hardware_comparison#AMD_.28ATI.29
This link provides information on almost all mining hardware currently out. Including specs and some configuration tips.
Perfect thank you this is exactly what I wanted to know. That was great help 
! You've actually just answered a whole bunch of things for me as well.
I just found the address creation algorithm wiki page. O_O super freaken secure but it must be a nightmare to program.
https://en.bitcoin.it/wiki/Technical_background_of_Bitcoin_addresses
! You've actually just answered a whole bunch of things for me as well. I just found the address creation algorithm wiki page. O_O super freaken secure but it must be a nightmare to program.
https://en.bitcoin.it/wiki/Technical_background_of_Bitcoin_addresses
Thanks to the wonderful idea from DeathandTaxes I was interested in an how transactions are placed in the blockchain. From my understanding :
1. The wallet generates an address.
2. The person who wishes to send you money send the transaction to your address, then saves that to the global blockchain
3. The wallet holder's wallet compares the blockchain every once and a while and if the transaction is on it (and verified by 6 other systems) it accepts the transaction and modifies the wallet accordingly.
4. The blockchain is modified to show that the transaction was completed.
This is what I've come to understand from lurking around Bitcoin wiki. I just kind of wanted to have it clarified. I have the feeling I'm off on something, maybe the whole thing, this is just kind of my guess at it.
1. The wallet generates an address.
2. The person who wishes to send you money send the transaction to your address, then saves that to the global blockchain
3. The wallet holder's wallet compares the blockchain every once and a while and if the transaction is on it (and verified by 6 other systems) it accepts the transaction and modifies the wallet accordingly.
4. The blockchain is modified to show that the transaction was completed.
This is what I've come to understand from lurking around Bitcoin wiki. I just kind of wanted to have it clarified. I have the feeling I'm off on something, maybe the whole thing, this is just kind of my guess at it.