Am I wasting my time mining for BitCoins? - page 2.

memvola

hero member

Activity: 938

Merit: 1002

Quote from: dbitcoin on April 08, 2011, 07:26:17 AM

1) wrong assuming, you must read this post

Grrr. I should stop assuming "newbie" means Windows user. Sorry about that.

Quote from: dbitcoin on April 08, 2011, 07:26:17 AM

2) mining client may used with standard bitcoin client without any problem

Sure, that's also true. I've seen some people getting confused while switching from the generation option on the client to a pool server and wanted to clarify. Was without success I guess...

[Tycho]

hero member

Activity: 742

Merit: 500

Quote from: newbi462 on April 08, 2011, 07:42:21 AM

I am actually on Linux not Windows.
I have downloaded DiabloMiner from

I would recommend using poclbm miner, it's the best and most feature-rich at this moment.

Quote from: newbi462 on April 08, 2011, 07:42:21 AM

Remember to set rpcuser and rpcpassword in your ~/.bitcoin/bitcoin.conf
before starting bitcoind or bitcoin --daemon
But I have no bitcoin.conf file to add it to in the .bitcoin file in my user home dir?

You don't need bitcoin.conf if you are mining in pool. Use your pool's login and password.

newbi462

newbie

Activity: 30

Merit: 0

I am actually on Linux not Windows.

I have downloaded DiabloMiner from

https://en.bitcoin.it/wiki/DiabloMiner

But I apparently need a user and pass

usage: DiabloMiner -u myuser -p mypassword [args]

-D,--devices devices to enable
-d,--debug enable extra debug output
-f,--fps target execution timing
-g,--getwork seconds between getwork refresh
-h,--help this help
-l,--url bitcoin host url
-o,--host bitcoin host IP
-p,--pass bitcoin host password
-r,--port bitcoin host port
-u,--user bitcoin host username
-w,--worksize override worksize
-x,--proxy optional proxy settings IP:PORT<:username:password>

Remember to set rpcuser and rpcpassword in your ~/.bitcoin/bitcoin.conf
before starting bitcoind or bitcoin --daemon

But I have no bitcoin.conf file to add it to in the .bitcoin file in my user home dir?

Akarbb

member

Activity: 97

Merit: 10

http://thedailybitcoin.blogspot.com/2011/04/cpu-mining-no-longer-viable-option.html

dbitcoin

hero member

Activity: 742

Merit: 500

BTCDig - mining pool

Quote from: memvola on April 08, 2011, 07:20:43 AM

I'm assuming you're on Windows. I'm not a Windows user but the rumor is, Windows frontend for GPU miners is the easiest way to start:

https://bitcointalksearch.org/topic/gui-mining-updated-dec-3-with-7970-bugfix-also-supports-stratum-3878

I should remind you, the miner will connect to the pool server and not your local client. So, find a pool and join. Configuration options are on their respective front pages. Here are examples:

1) wrong assuming, you must read this post
2) mining client may used with standard bitcoin client without any problem

memvola

hero member

Activity: 938

Merit: 1002

I'm assuming you're on Windows. I'm not a Windows user but the rumor is, Windows frontend for GPU miners is the easiest way to start:

https://bitcointalksearch.org/topic/gui-mining-updated-dec-3-with-7970-bugfix-also-supports-stratum-3878

I should remind you, the miner will connect to the pool server and not your local client. So, find a pool and join. Configuration options are on their respective front pages. Here are examples:

http://mining.bitcoin.cz/
http://deepbit.net/

There are other pools.

Clarithium

member

Activity: 93

Merit: 10

Okay, just a heads up. The "Generate Coins" button should honestly be removed from the bitcoin wallet. The amount of time it would take to actually generate a coin is a complete waste of electricity.

There are many programs all over the mining catagory in this forum. The one I am currently using is:
https://bitcointalksearch.org/topic/gui-mining-updated-dec-3-with-7970-bugfix-also-supports-stratum-3878

Although, it may not be the best for you or your most preferenced. There are others you should experiment with.

EDIT: They beat me to it. Read the 2 posts above me, they seem to be more helpful Tongue

dbitcoin

hero member

Activity: 742

Merit: 500

BTCDig - mining pool

Quote from: newbi462 on April 08, 2011, 07:03:36 AM

How do I make sure it is using my GPU in stead of my CPU? I go in to options but see no setting for that?

GPU mining currently supported only trough special mining clients, not bitcoin client.
You should:
1) Identify you GPU (nvidia/ati, with support OpenCL/CUDA or not)
2) Download mining client
3) Read manual or readme how configure this client and then properly setup it.

Theres is a several mining clients on forum.

m0mchil's GPU miner
jgarzik's CPU miner
ufasoft's SSE2 miner
Diablo's GPU miner

And if you decided join to pool:

1) Some bitcoin mining clients download page
2) Configuration command strings

Mahkul

sr. member

Activity: 434

Merit: 251

Every saint has a past. Every sinner has a future.

Quote from: newbi462 on April 08, 2011, 07:11:00 AM

I am using the generate coins button on the wallet if that is not what I should be using what program should I get for my Linux box and where from?

Also
Nvidia 8800GTX is my card but not seeing that in the list?

Seems like you have some reading to do. There are a few miners around, it's up to you which one you will want to use. Just check the following threads for information and instructions:

https://bitcointalksearch.org/topic/python-opencl-bitcoin-miner-1334
https://bitcointalksearch.org/topic/diablominer-gpu-miner-1721
https://bitcointalksearch.org/topic/rpc-miners-cpu4waycudaopencl-2444

newbi462

newbie

Activity: 30

Merit: 0

I am using the generate coins button on the wallet if that is not what I should be using what program should I get for my Linux box and where from?

Also
Nvidia 8800GTX is my card but not seeing that in the list?

Clarithium

member

Activity: 93

Merit: 10

Are you using a bitcoin miner program?

Or are you hitting the "Generate Coins" button in the BitCoin Wallet program

newbi462

newbie

Activity: 30

Merit: 0

How do I make sure it is using my GPU in stead of my CPU? I go in to options but see no setting for that?

Mahkul

sr. member

Activity: 434

Merit: 251

Every saint has a past. Every sinner has a future.

Quote from: newbi462 on April 08, 2011, 06:49:53 AM

I mean will only a killer 12 core with 4 or 5 high end GPU cards all working together generate coins if it is doing nothing else?

The CPU power doesn't make any difference if you have a good GPU. It is the GPU that you should be using for mining since CPUs are MUCH slower; most people don't even bother to use their CPUs.

Quote

Or are the problems scaled so every one has a more fair chance of making a coin?

Do I need a 10K plus system or an array of systems to really have a shot at ever making a BitCoin?

So 50 are made every 10 min, but honestly what are the odds I will ever get one?

First you find out the hashrate of your GPU (go to https://en.bitcoin.it/wiki/Mining_hardware_comparison) - then use bitcoin calculator to check how long it is going to take to mine coins with your hashrate.

I hope this helps.

newbi462

newbie

Activity: 30

Merit: 0

Ok sounds like I should join a pool.

But how would I do that?

Right now I am a real newbi, just downloaded the app to my Linux box. For the most part a few of my stems here are on 24/7 so figured what the heck why not run it. But no real point if I will never get any coins. I happy to work with others, like I said they are always on systems.

Clarithium

member

Activity: 93

Merit: 10

Are you solo mining, or operating in a pool? Solo mining (from what i've read and tried myself) only really works if you have a high end pc, and it's still a gamble.

By mining in a pool (or community), you mine a block with other people and get paid for the amount of work your computer did.

newbi462

newbie

Activity: 30

Merit: 0

I do not know if this has been asked before. But, I am wondering what it really takes to actually make a coin?

I have some systems that are on 24/7 any ways so thought I would give mining a try, but am wonde4ring if I am wasting my time?

I mean will only a killer 12 core with 4 or 5 high end GPU cards all working together generate coins if it is doing nothing else?

Or are the problems scaled so every one has a more fair chance of making a coin?

Do I need a 10K plus system or an array of systems to really have a shot at ever making a BitCoin?

So 50 are made every 10 min, but honestly what are the odds I will ever get one?

Topic: Am I wasting my time mining for BitCoins? - page 2. (Read 15170 times)