getting into bitcoining?

I never had an issue with Eclipse once I got the workers set properly. My problem was I wasn't using my individual workers as User/PW but was trying to use my account. After I fixed that, it worked fine.
Well thats the thing, why would Eclipse allow you to login and start hashing shares? I don't think they specifically say that you need to make a new worker... slush's pool guides you through the worker creation process after you create an account.

Deepbit is pretty straight forward. You create an account with a username/password... login to pit.deepbit.net using CGminer with those same credentials... and TADA! It works..... (well it worked for a long time until deepbit started to not count my shares for a while, until I had to reset counters...)

Fucking [email protected] email address isn't working, that's the only support email I can find on this guy.
 
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I seemed to have been mining 'anonymously' with the whole incorrect login deal with Eclipse. I am mining correctly now.

Deepbit has no support. Unless if you have an account on bitcointalk with elevated posting privlidges, you're shit out of luck getting through with emails. They all bounce back with mail delivery subsystem message warnings.
 

Existing ASICs wont either as LTC mining is a lot more memory intensive so the existing ASICs are physically limited from being effecting LTC miners. Now eventually someone will probably attempt the endeavor but id be curious to see how much it ends up costing to get one. Right now though, ill stick with my GPU mining rigs and anticipate a decent ROI rate...especially if Mt.Gox unfucks itself, stops crashing, and adds LTC as their next cryptocurrency.
 
Existing ASICs wont either as LTC mining is a lot more memory intensive so the existing ASICs are physically limited from being effecting LTC miners. Now eventually someone will probably attempt the endeavor but id be curious to see how much it ends up costing to get one. Right now though, ill stick with my GPU mining rigs and anticipate a decent ROI rate...especially if Mt.Gox unfucks itself, stops crashing, and adds LTC as their next cryptocurrency.

Tweak the die, add some memory and there you go a $1200 LTC capable upgrade module for your ASIC mining rigs.
 
Tweak the die, add some memory and there you go a $1200 LTC capable upgrade module for your ASIC mining rigs.

Seeing how long it took them to get ASICs out for BTC, I doubt LTC will come out anytime soon.
 
Hmm. I'm sitting on effectively an entire secondary i7-2600K/R6990 rig at the moment; obviously I'm not going to make mad money unless the market goes boing!, but can I at least balance out my electric bill after a month or two?
 
Hmm. I'm sitting on effectively an entire secondary i7-2600K/R6990 rig at the moment; obviously I'm not going to make mad money unless the market goes boing!, but can I at least balance out my electric bill after a month or two?

Assuming each GPU on there can hit a normal 6970 hashrate (mine being about 480 stock), you can expect to $160-$200 dollars at current exchange rates assuming your electricity is about .05 cents/Kwh. Dustcoin.com (no www.) is a good calculator.
 
Seeing how long it took them to get ASICs out for BTC, I doubt LTC will come out anytime soon.

Avalon can support 4 modules and they shipped with three. They could fart out a module and software support in a few months. They could charge whatever they want for it because miners will pay anything for an edge.
 
fwiw 5870s and even 5970s are cheap on ebay right now
 
because they do like 800 khashes...and if used for just mining that's not bad compared to where they were a few years ago and all the miners were scouping them up for what seemed like double that
 
Yea... I've got my eye out for 58xx and 69xx's in all the places I can and looking at price per K/hash.

With that 7$ waterblock sale for 6950 and 6970's... I've been thinking about going geothermal if I could get the cards for it. A QUIET 4x 6970 rig would be nice, and not drive my wife crazy.
 
Oh, and I'm glad I put the money into this BFG 1200W PSU a while ago for ~$60. Maybe I'll put a more reasonable 600W into my 2500K / 6950 rig.
 
could amd release an optimized bitcoin mining software that would be way faster than what it's available ?

think of the amount of video cards they would sell if they pulled it off :)
 
man im so bummed i moved to hawaii right before this whole thing got started. i mined on my 5870 for like a week before giving it up a year and a half ago. would have liked to go to a few 4x5870 rigs but electricity is about 3 to 5 times what it costs on the mainland. :(
 
could amd release an optimized bitcoin mining software that would be way faster than what it's available ?

think of the amount of video cards they would sell if they pulled it off :)

i don't think they want to encourage prolonged 100% GPU usage on cards that already run pretty hot while only gaming (bitcoin/litecoin stresses the card as much if not more than furmark does)
 
if you guys need to get in contact with deepbit, join #bitcoin-dev on rizon and look for [tycho]
 
i don't think they want to encourage prolonged 100% GPU usage on cards that already run pretty hot while only gaming (bitcoin/litecoin stresses the card as much if not more than furmark does)

LoL i hope im fine ive been running my Tri Fire 7950s 15=20hrs a day 7 days a week for 3 months. But all my temps are under 40c

LL
 
LoL looks so but it is not my 230lbs self can stand on it.

The table is pretty big the massive case just makes it look smaller then it really is.
 
It's looking like Slush's server is down right now.. So should I stop my miner until things recover or will my share's be uploaded when the server comes online?
 
hrm, getting errors in GUIminer over it. Oh well, computer needs a break... >72 hours uptime was a pretty good run.
 
This should probably be a new thread, but how do these mining pools work? Do people like me with small megahash power get shafted?
 
This should probably be a new thread, but how do these mining pools work? Do people like me with small megahash power get shafted?

Mining pools in a nutshell work like this (note this is the dumbed down simple version, and thus might not be technically accurate in all aspects):

When mining, you calc a bunch of hashes, and the miner software creates "shares", which you could think of as failed attempts to calc a bitcoin block. The higher your hashrate, the more "shares".

The pool takes all of the shares from each user, combines them, then divides the total up. Your share vs total shares, is your percentage of how much of the Block you get (currently 25 coins per block). Now this is a very simplistic way to explain it. There are different pool calculation methods, used by different pools, but that's more or less how it works.

If you have small megahash/sec power, then you'll get proportionally less then someone who has a higher power mining rig (or rigs, you can use as many as you want per account).

Whether you feel like you've gotten "shafted" or not, will likely depend on what video card you'll be using, and how much you pay for electricity - or if you do at all. I live in an Apartment that includes Utilities, so for my "costs" of mining is essentially nothing.

I have an HD 7950 (I get around 560-570 MHash/Sec), and I made half a bitcoin in about 3 weeks or so, mining say 80% of the time. At the rate of a few days ago, I exchanged it for $62 CAD (it was $56 said and done after all fees).

The value of the coin has been fluctuating pretty wildly, but in most cases, it's stayed at or above $100 USD per coin. It really comes down to, if you have the hardware, and don't mind the cost of electricity, then maybe you should try it out. You're not gonna get rich though, unless the coin value skyrockets for some reason, and even then it'll likely burst if it does.
 
Oh, and with anything except an ASIC rig or a small GPU farm, solo mining is a total waste of time. At current difficulty, the odds say it will take months or even over a year for a single high end GPU to find a block.

Although since it's all hash/probability based, there IS an ridiculously small chance that you could solo mine a block quickly. Having said that, you probably have better odds of wining a lottery or scratch ticket.
 
So how much money are you guys making per month mining? Is it worth doing casually and just letting it run to make a few extra bucks a month?
 
So how much money are you guys making per month mining? Is it worth doing casually and just letting it run to make a few extra bucks a month?

Ive made just shy of $500 in two weeks, one week was spotty as I was getting a rig stable but the second was rock solid constant mining from one machine and maybe 90% of the time on my main rig.
 
img deleted for stupidity

So true.

lol tell that to all the people who have made hundreds of dollars of free money with hardware they already had and a couple minutes' setup time, or the people who invested a bunch of money in GPUs and are generating thousands of dollars a month! i dont understand the bitcoin hate, sure it's not a stable currency and sure it will probably never unseat the dollar as the primary US currency, but it is an awesome project that raises a ton of interesting questions, and is also making a lot of people a lot of money. sure it's losing a lot of people a lot of money too, but not the miners. only people losing money are people investing poorly which you can then say the same thing about stocks, bonds, futures, banks, etc etc. just because you dont understand something doesnt mean everyone else is as simple as you and cant.
 

Sweet Photoshop.

Don't forget you can donate to the libertarian party in bitcoins now.
http://www.lp.org/make-a-bitcoin-contribution

ekuest, I don't hate bitcoins. What I don't like is that everyone is treating it like dollars from the sky. Right now the only ones losing money are the ones investing fiat currency. And exchanges are making out like bandits from everyone's greed.
 
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ok well I setup my 7950 last night to mine @ BTCguild.

The question I have now, is how do I get cash?

The BTC site seems low on details.
 
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