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Showing 11 of 11 results by BitKid
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Topic
Board Beginners & Help
Re: Same Hashing Power: Bitcoin or Litecoin?
by
BitKid
on 26/09/2013, 04:05:43 UTC
When opinions differ widely, It's hard to conclude!
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Topic
Board Beginners & Help
Re: N00b qestion about solo mining
by
BitKid
on 25/09/2013, 11:54:32 UTC
Thanks, I got my answer Smiley
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Topic
Board Beginners & Help
Re: N00b qestion about solo mining
by
BitKid
on 25/09/2013, 11:05:57 UTC
Guys I know what are chances in solo mining, and I do not plan to solo mine. I just asked something else! No one actually answered my question, all just say "forget solo mining". I know guys.. I know! Please just tell me, is the solution one of those Hashes which miner keeps to find and count? Or the solution is when a gazzillion of those hashes are calculated?
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Topic
Board Beginners & Help
Topic OP
Same Hashing Power: Bitcoin or Litecoin?
by
BitKid
on 25/09/2013, 03:23:48 UTC
Which one yields more profit? With same hashing power, mining Bitcoin or Litecoin?
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Topic
Board Beginners & Help
Re: N00b qestion about solo mining
by
BitKid
on 24/09/2013, 14:59:06 UTC
still no answer?
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Topic
Board Beginners & Help
Re: How can I start a new BITCOIN wallet?
by
BitKid
on 24/09/2013, 08:48:35 UTC
delete this file

%appdata%Roaming\Bitcoin\wallet.dat
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Topic
Board Beginners & Help
Topic OP
N00b qestion about solo mining
by
BitKid
on 24/09/2013, 06:55:32 UTC
Just for getting to know how mining works, I configured  guiminer for solo mining. In the status bar, it show some info like [Difficulty 1, Hashes 42-last at: time]

I know this is a noob/dumb question but please tell me.. when a block is discovered?
Is it when (1.) one of these "Hashes 42" meets the validation requirements OR  (2.)when a required number of hashes are produced? e.g after 1,000,000 hashes..

If it's (1.),  is it possible (in theory) for the first produced hash (Hashes 1) to be the solved block?

My second question: Why in guiminer it says "Difficulty 1"? Isn't it currently 112,628,549?
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Topic
Board Beginners & Help
Topic OP
How to backup blocks?
by
BitKid
on 24/09/2013, 05:43:00 UTC
I need to format my c: drive and install a fresh copy of windows. Is backing up blocks as simple as copying the block folder to another drive and then put it back in? I really don't want to download 12 GB of data again... though in fact it used nearly 30 GB of internet traffic and ended up with 11.42 GB in total.
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Topic
Board Beginners & Help
Re: Synchronization
by
BitKid
on 16/09/2013, 01:35:50 UTC
Quote
you might want to consider an application like NetLimiter, which'd allow you both to limit UDP activity in Bitcoin and monitor how much bandwidth the client's consuming

is it ok to block bitcoin on UDP port and just leave the TCP accessible?
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Topic
Board Beginners & Help
Re: Synchronization
by
BitKid
on 15/09/2013, 03:40:37 UTC
thanks for the replies. i've closed the program on 32 weeks for now. the size of block folder (%appdata%\Bitcoin\blocks) is 5.32 GB, but i'm sure it has used more than 15 GB of internet traffic. where has the rest of it gone?! please don't tell me to check my firewall or other app usage, i know it for certain! is there something like "wasted" in Bittorent?
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Topic
Board Beginners & Help
Topic OP
Synchronization
by
BitKid
on 14/09/2013, 13:24:36 UTC
I wonder this sync thing does ever end? It has used nearly 16 GB of internet traffic and the progress bar is less than 20%!!! 32 weeks behind and every week takes longer time. The last 4 weeks from 37 to 33 took nearly 4 GB of download! and since it has been getting larger week by week so i guess another 1 TB of data is needed for remaining 32 weeks, right?! Cheesy