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Showing 3 of 3 results by Kullar
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Board Beginners & Help
Re: FREE BITCOINS for watching videos! - Free.BTC.pt
by
Kullar
on 08/02/2013, 15:14:32 UTC
One problem with these sites is that the videos usually suck. Someone should build one where you watch porn videos for btc  Cheesy

That would be pretty incredible!
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Board Beginners & Help
Re: Some questions about GPU mining and ASICS
by
Kullar
on 08/02/2013, 15:12:28 UTC
Hey guys, just got to know about bitcoin recently and have been reading through a bit of stuff. I currently have a Nvidia GTX 680 and thought why not try mining on it. Using GUIMiner, I get about 108 Mhash/s, is there ways of increasing this? Also what extra flags do I use?

Also seeing as how I read that with all the ASICS stuff coming on board, it would no longer be economical to GPU mine and was looking to get myself either a BitForce Jalapeno or Little Single though I know it ran out and is on pre-order. Does anyone know their schedule for the next round?

Appreciate the comments and help. Smiley

From my general readings so far it seems people think if you were to order one now it would be a few months before it arrives.
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Board Beginners & Help
Re: Are ASIC's worth the investment?
by
Kullar
on 08/02/2013, 15:03:42 UTC
If you consider the sheer number of ASICs reportedly in queue the difficulty rise will be large enough to diminish returns to the point of never achieving return on investment.  Say you currently mine 25GH which is about 1/1000th of the total.  That probably costs about 20K in GPUs and boards.

Now to have 1/1000th of the hash after ASIC stabilizes you would probably need to spend well over $20k.

Unless you got in very early on the ASIC batches you're probably screwed as people will keep tossing money at it in hopes of getting rich.

I think the only ones who will see guaranteed profits from ASIC are the manufacturers (like a gun dealer arming both sides).

This is the sort of thing I'm worried about. But don't miners make a profit mining with their GPU rigs now? Why wouldn't ASIC rigs make money once all of this levels out? When the difficulty goes up, wont the value of BTC change to reflect that?