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Showing 5 of 5 results by chroniclel33t
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Board Mining
Re: How To Setup A Cpu/ Gpu For Mining?
by
chroniclel33t
on 07/02/2016, 23:55:17 UTC

all good, i have many servers with very high specs, i am not talking for a 1 machine job. i have a bunch of servers.

I suggest you go to this site and work out the hash rate/second of your systems.

https://en.bitcoin.it/wiki/Non-specialized_hardware_comparison

For the purposes of this discussion we will give it a fast graphics board, say 500 megahash/second, or 0.5 gigahash/second.  This would earn about 2 cents a month as a Bitcoin miner.  

A single typical ASIC miner runs at about 5,000 Gigahash/second. This is 10,000 times faster than your PC.  

So if you have 10,000 PCs you may have the same hash rate as 1 ASIC miner (S7) and earn about $200 this month, and less in following months.  You will also generate an enormous electricity bill with the PCs.

The total current hash network runs at 1,100,000,000 gigahash/second.  This is about 2 billion times faster than a high end PC.  

So even if you have a million PCs it is still hardly anything.   The days of PC and GPU Bitcoin mining have long gone. 

The only possibility for you is mining some alt coin.  Also if you don't own the PCs, and pay the electrical bill yourself, you may end up in serious trouble if you do not have the owners permission to use the PCs this way.

thanks, also billyboy. thanks both for helping so idea is get a miner or gamble btc.
Post
Topic
Board Mining
Re: How To Setup A Cpu/ Gpu For Mining?
by
chroniclel33t
on 07/02/2016, 13:59:39 UTC
Mining with CPU hasn't been viable for over five years and GPU hasn't been viable for going on three years.

ASIC mining hardware is now required to mine Bitcoin.

all good, i have many servers with very high specs, i am not talking for a 1 machine job. i have a bunch of servers.
Post
Topic
Board Currency exchange
Re: Buying 0.50c Bitcoin For Paypal.
by
chroniclel33t
on 07/02/2016, 13:16:47 UTC

i only need 0.50c btc, (50 cents, thanks!)

13jCL1hK3SSVR2apDiZ3oj9rEYEeSLGT5F
Post
Topic
Board Currency exchange
Topic OP
Buying 0.50c Bitcoin For Paypal.
by
chroniclel33t
on 07/02/2016, 12:58:55 UTC
hi, i was on other forums till i found here, thank god. i am willing to buy bitcoins with paypal. 0.50c btc. since majority here are USD and im AUD, aud is 70 cents in usd > aud so instead of 50c i will give 70c which for usd is 50c. you get the point.

dont be scared im new here. i come from different forums and done many transactions with users. i will go first, however it will depend on your current status if you have a high trusted reputation for other exchanges. thanks.


http://s10.postimg.org/kr29otcll/forumsz.png
Post
Topic
Board Mining
Topic OP
How To Setup A Cpu/ Gpu For Mining?
by
chroniclel33t
on 07/02/2016, 12:50:38 UTC
hi guys, wondering how to setup a cpu and such for mining bitcoins, thanks.