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 Bitcoin Thread v1, and other cryptocurrencies

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TScloudstrife07
post Dec 2 2013, 02:56 PM

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QUOTE(UpCar @ Dec 2 2013, 02:50 PM)
19.5Mhash/s ok boh ?
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if running ok boh. but that one very little dunno when you will get your coin. for comparison, an AMD 7970 gpu can make 700Mh/s while an ASIC can usually do from 2Gh/s all the way to 550Gh/s.

QUOTE(alexng2208 @ Dec 2 2013, 02:51 PM)
use normal work pc can do mining?

any simple guide for idiots?
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please read the wiki/guides. some googling could help.
41LY45
post Dec 2 2013, 02:56 PM

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QUOTE(Clement1001 @ Dec 2 2013, 02:53 PM)
what you do with bitcoin ? why does people wanna trade bitcoin for ? sorry a very noob question here
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Buy stuff, use as currency.


Trade for USD. computer hardware, pizza...
mousqy
post Dec 2 2013, 02:56 PM

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QUOTE(Clement1001 @ Dec 2 2013, 02:53 PM)
what you do with bitcoin ? why does people wanna trade bitcoin for ? sorry a very noob question here
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http://usebitcoins.info/
http://pizzaforcoins.com/

last time when bitcoin was cheap a dude buy a pizza with 10,000 BTC ...
now that pizza worth = 10,000,000 USD
CaLz
post Dec 2 2013, 02:57 PM

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1-BTC General Discussion - KJ reporting in!
aminpro
post Dec 2 2013, 02:58 PM

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QUOTE(cloudstrife07 @ Dec 2 2013, 02:37 PM)
if you're crossfiring it, you're doing it wrong.
thank you for your interest.
7990 need high wattage psu. in the end efficiency vs cost not good compared to multiple 7950/7970/R9 280X. There are talks that R9 290 maybe the next king of efficiency but i have yet seen the exact proof of it.
bitminter ok. but unless u have ASIC nowadays, it's really not worth it.
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I guess should assign isolated load across GPUs.
SUSUpCar
post Dec 2 2013, 03:01 PM

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QUOTE(cloudstrife07 @ Dec 2 2013, 02:56 PM)
if running ok boh. but that one very little dunno when you will get your coin. for comparison, an AMD 7970 gpu can make 700Mh/s while an ASIC can usually do from 2Gh/s all the way to 550Gh/s.
please read the wiki/guides. some googling could help.
*
i'm actually just testing out on this mining activity. see if i can get lucky or anything. it does not matter if i get to make money or not. i just need to learn and experience before i go all out like buying asic cards. so far i'm beginning to see some activity and all so if i get even 0.00000000001 BTC also i happy liao cause i did it on my own.

the lenovo y500 got dual grafik kad. how to make both also work and mine ?
ar188
post Dec 2 2013, 03:02 PM

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QUOTE(cloudstrife07 @ Dec 2 2013, 02:37 PM)

7990 need high wattage psu. in the end efficiency vs cost not good compared to multiple 7950/7970/R9 280X. There are talks that R9 290 maybe the next king of efficiency but i have yet seen the exact proof of it.
bulk buy 290x for 40pcs?
ar188
post Dec 2 2013, 03:03 PM

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QUOTE(UpCar @ Dec 2 2013, 03:01 PM)
i'm actually just testing out on this mining activity. see if i can get lucky or anything. it does not matter if i get to make money or not. i just need to learn and experience before i go all out like buying asic cards. so far i'm beginning to see some activity and all so if i get even 0.00000000001 BTC also i happy liao cause i did it on my own.

the lenovo y500 got dual grafik kad. how to make both also work and mine ?
*
they got the wrong graphic card for mining.. nvidia ones dont do jack sh1t..
apit.malay
post Dec 2 2013, 03:05 PM

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I got asic usb to sell.hahhhahaha.sory cloud pronote here at ur topic
mousqy
post Dec 2 2013, 03:05 PM

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http://visual.ly/think-you-can-mine-bitcoin

warning large image
» Click to show Spoiler - click again to hide... «

ar188
post Dec 2 2013, 03:08 PM

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QUOTE(mousqy @ Dec 2 2013, 03:05 PM)
http://visual.ly/think-you-can-mine-bitcoin

warning large image
» Click to show Spoiler - click again to hide... «

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this is so old.. 128? now like 1200 per btc.. so profits also x10 liao.
coklatua
post Dec 2 2013, 03:09 PM

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QUOTE(mousqy @ Dec 2 2013, 03:05 PM)
June=128, Nov=1000.
rclxub.gif
TScloudstrife07
post Dec 2 2013, 03:12 PM

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QUOTE(ar188 @ Dec 2 2013, 03:02 PM)
bulk buy 290x for 40pcs?
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290x no custom cooling, ppl been telling around 800+kh/s only. also electric use so sweat.gif

QUOTE(apit.malay @ Dec 2 2013, 03:05 PM)
I got asic usb to sell.hahhhahaha.sory cloud pronote here at ur topic
*
no problem. it's a bitcoin topic what ahaha.

QUOTE(ar188 @ Dec 2 2013, 03:08 PM)
this is so old.. 128? now like 1200 per btc.. so profits also x10 liao.
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difficulty also increase duno how many fold. sweat.gif
maru&box
post Dec 2 2013, 03:15 PM

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Some things I don't like about bitcoin:

1."Unfair" distribution of coins. Early adopters who hoard coins become millionaires. Only people willing to invest in high end mining equipment can afford to mine coins without losing money on electricity. Group mining is a must now.

2. Difficult to transfer funds to purchase coins. Usually, there will be a 3rd party in there to take a transaction fee. China's BTC exchange has less fees but I don't trust them.

3. Bitcoin is deflationary. There can be no more than 21 million in existence but there can be less than 21 million due to "lost" coins.

4. Unstable value makes it more of a speculative virtual item rather than a legitimate currency. Maybe it will settle to some stable value in the future.


limfreelance
post Dec 2 2013, 03:15 PM

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i can see where the money come from.

it just like snow ball, getting bigger & bigger ....& at the end hit the mountain.

good luck.
TScloudstrife07
post Dec 2 2013, 03:18 PM

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QUOTE(maru&box @ Dec 2 2013, 03:15 PM)
Some things I don't like about bitcoin:

1."Unfair" distribution of coins. Early adopters who hoard coins become millionaires. Only people willing to invest in high end mining equipment can afford to mine coins without losing money on electricity. Group mining is a must now.

2. Difficult to transfer funds to purchase coins. Usually, there will be a 3rd party in there to take a transaction fee. China's BTC exchange has less fees but I don't trust them.

3. Bitcoin is deflationary. There can be no more than 21 million in existence but there can be less than 21 million due to "lost" coins.

4. Unstable value makes it more of a speculative virtual item rather than a legitimate currency. Maybe it will settle to some stable value in the future.
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1. same like gold lo.
2. same. u buy gold also need 3rd party, cannot get gold easily from gold mine.
3. same like gold or other precious mineral. limited/finite resource.
4. yup, for now. since the market is still small capping at USD 12 billion. if the market reaches trillions i dont think anyone have the power to speculate it anymore.
limfreelance
post Dec 2 2013, 03:21 PM

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is not like a gold, but like a saham, kasi orang sengaja fry up the price.
once u fry, bubble occur.
MasBoleh!
post Dec 2 2013, 03:22 PM

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LOL.. late a few years edi. What is the point of this thread? laugh.gif
munak991
post Dec 2 2013, 03:25 PM

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Anyone got info about bitcoin?

I know Folding at home is to unstrain protein strains

But what does bitcoin use for their processing power? and its a peer 2 peer some more, what does all the procession power been waste to? anyone know?
shykull
post Dec 2 2013, 03:26 PM

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https://cryptothrift.com

a bitmit.net replacement.


also add this

http://dustcoin.com/mining

a calculator site i use to see which coin to mine today smile.gif

This post has been edited by shykull: Dec 2 2013, 03:31 PM

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