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Topic: freshly mowed grass - page 2. (Read 2857 times)

legendary
Activity: 1456
Merit: 1000
July 30, 2014, 01:04:08 PM
#32
Thanks for sharing picture.  I had not seen inside of the bitfurry one before.
hero member
Activity: 518
Merit: 500
Trust me!
July 30, 2014, 10:55:36 AM
#31
Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing Cheesy
It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

That's pretty impressive! They could be best of by utilizing immersion cooling for their operation! But if they are located in Nothern America, I wonder if they're in Washington State. There are places where electricity is practically free. In that case they wouldn't even need to cut their costs by using immersion cooling!
legendary
Activity: 1806
Merit: 1024
July 30, 2014, 10:50:56 AM
#30
Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing Cheesy
It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.

Wow! Is the excess heat utilized in some form? They could heat a greenhouse or swimming pool with it.

Today, individual mining is only profitable in some altcoins and only if you've researched and planned it well.

ya.ya.yo!
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
July 30, 2014, 09:30:27 AM
#29
Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing Cheesy
It is from a news which covered bitcoin. They actually went inside the mining datacenter. It is owned by megabigpower.com. They are located at north America and their hashrate should be about 6 PH.
hero member
Activity: 518
Merit: 500
Trust me!
July 30, 2014, 09:07:31 AM
#28
Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.

Where is that picture coming from? Which mining farm does it show and what's their hash rate? Looks mezmerizing Cheesy
full member
Activity: 154
Merit: 100
July 30, 2014, 09:05:50 AM
#27

How much can you earn with Asic Device and which coin do we mine?
I've tried to contact a person who sells Antminer S1 in our town and I guess I could use it to mine some coins.
newbie
Activity: 4
Merit: 0
July 30, 2014, 08:53:01 AM
#26
Technically It's possible to mine but this kind of mining would bring you loss and no profit, get asics if you want to mine and in overall I wouldn't mine BTC, only experience people can still make profit from mining.
legendary
Activity: 924
Merit: 1000
July 30, 2014, 08:24:49 AM
#25
Mining is useless now on a computer. Not only will it cost more in electric but the wear and tear you will place on your computer will cost you as well. If you want to mine buy an asic miner otherwise just buy bitcoins from a service like localbitcoins
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
July 30, 2014, 08:17:00 AM
#24
Unless your computer looks like this...



I would forget about mining. As pictured above, bitcoin mines are now reaching industrial scale.
newbie
Activity: 27
Merit: 0
July 30, 2014, 08:05:18 AM
#23


Just curious, did you read some very out-dated tutorial in bitcoin mining?

I wonder why all those sites haven't been updated in such a long time. There are still tutorials about GPU-mining and FPGAs are the latest craze! Also, BFL and Mt. Gox mentions everywhere.

someone googles it, they want the traffic..
hero member
Activity: 518
Merit: 500
Trust me!
July 30, 2014, 07:53:35 AM
#22


Just curious, did you read some very out-dated tutorial in bitcoin mining?

I wonder why all those sites haven't been updated in such a long time. There are still tutorials about GPU-mining and FPGAs are the latest craze! Also, BFL and Mt. Gox mentions everywhere.
newbie
Activity: 17
Merit: 0
July 30, 2014, 06:43:37 AM
#21
Electricity will cost more than you'll be able to mine.
hero member
Activity: 820
Merit: 1000
July 27, 2014, 04:31:42 AM
#20


Just curious, did you read some very out-dated tutorial in bitcoin mining?
hero member
Activity: 700
Merit: 500
July 27, 2014, 02:27:05 AM
#19
Not really,

It can mine but not very fast believe no GPU either so cannot really do much.
So pretty much worthless as DrG said.
DrG
legendary
Activity: 2086
Merit: 1035
July 27, 2014, 02:23:48 AM
#18
The CPU doesn't have the instruction set capable of mining any decent CPU coin.  It also can't run a 64 OS so no mining of modern altcoins.

The GPU doesn't support OpenCL so it's useless too.

The only thing it might be good for is hosting an ASIC - he would have to buy an ASIC and mine with that (see the link for CrazyGuy's sale).
full member
Activity: 154
Merit: 100
July 26, 2014, 08:11:01 PM
#17
If you want to mine bitcoin OP, you need to buy specialized hardware (an ASIC). A general purpose computer is now obsolete for mining Bitcoin, ASICS are hundreds of thousands of times faster than PC's.

There may be some altcoins you can mine however if you want to do that. You can sell them for Bitcoin and "mine bitcoin" that way.

Back in 2003 bitcoin was not even thought of yet, let alone invented.

Actually you are wrong... twice!

He meant the GPU came out in 2003. But also the general idea of Bitcoin was thought of before 2003, Satoshi was just the first to publish a fully working client for an idea people had been talking about since the late 90's.

http://www.weidai.com/bmoney.txt - written in 1998
http://unenumerated.blogspot.com/2005/12/bit-gold.html - also worked on since around 1998
300
member
Activity: 78
Merit: 10
July 26, 2014, 07:58:24 PM
#16
I dont think any computer is fit to mine alone, unless you are using it to install the mining pool software etc.

This is definitely true nowadays - at least for SHA-256 coins such as Bitcoin, but it wasn't case before SHA-256 ASICs arrived in 2013. Someone even mined hundreds of bitcoins on an old Pentium 4 back in the early days of Bitcoin. And even up until 2013, people were using high-end gaming rigs with expensive GPUs to mine.
newbie
Activity: 56
Merit: 0
July 26, 2014, 01:18:05 PM
#15
I dont think any computer is fit to mine alone, unless you are using it to install the mining pool software etc.
hero member
Activity: 574
Merit: 500
July 26, 2014, 11:46:26 AM
#14
Bitcoin can only be profitably mined with specialized ASIC equipment so forget about mining Bitcoin with that setup unless you want to buy an ASIC.

I would assume the ATI Radeon 9800 Pro isn't too bad. I remember it was absolutely the best card that money could buy back in 2003. It might be possible to mine GPU coins with it but I'm not sure how it stacks up with newer generation cards which probably now far outclass it. Might be worth a shot though.

Perhaps you could try mining CPU coins too. Your processor doesn't seem too terrible but I doubt you would see a profit when other people are using far more powerful/efficient i5s and i7s to mine. Here is a list of some of them if you're interested:

http://www.cpucoinlist.com/
Back in 2003 bitcoin was not even thought of yet, let alone invented.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
July 26, 2014, 10:41:35 AM
#13
I would assume the ATI Radeon 9800 Pro isn't too bad. I remember it was absolutely the best card that money could buy back in 2003. It might be possible to mine GPU coins with it but I'm not sure how it stacks up with newer generation cards which probably now far outclass it. Might be worth a shot though.

That thing is 11 years old then. I doubt it will be good for mining anything. Heck, does it even support running code on it? Cheesy

Probably not, it doesn't support OpenCL at all according to the wiki page http://en.wikipedia.org/wiki/Radeon_R300

Yeah, then the best thing it will be capable of doing is displaying a Command Line Interface with cgminer running, I guess Wink
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