Author

Topic: Greetings and Salutations (Read 484 times)

member
Activity: 83
Merit: 10
May 28, 2013, 11:49:47 PM
#6
Hello! I'm a Newbie here thus I'm trying to earn my stripes to explore and participate in other discussions on the forum. So what Better way then to write an introduction post.

I got on the Bitcoin Bandwagon during all the recent media Hype about it I think I first heard about Bitcoins on Leo's Show TWiT after that I started checking it out and was instantly fascinated by the concept even tho the coding and math aspects is above my head I love the idea. I'm kicking myself for not knowing about this sooner.  Anyways I've been reading everything I can get my hands on in order to catch up and kinda become a local expert for my area (Alamogordo, NM).

So Any advice and tips and tricks would be helpful and appreciated! I've been following along with the dude from codinginmysleep as he seems to know a thing or two about bitcoins.  Here's where I stand at the moment I'm interested in the mining aspect and using Bitcoins in my own business to receive payments for services and products offered.

I have the Bitcoin wallet setup and I'm a new member at the BTC Guild and I have cgminer running on my windows 7 computer. The computer has 8 gigs of ram and a AMD hexacore processor with a AMD Radeon hd 6000  series gpu. I've just started to mine today So naturally there are a lot of questions but my main one at the moment is since it's only using the GPU power to mine how do I utilize the hexacore CPU as well?

I don't presume to know anything at this point because even tho I'm reading up and learning how to use bitcoins and start mining i'm clueless when it comes to the finer details like the profitability of mining vs the cost to mine etc etc.

For instance when I joined BTC Guild you have the choice to join a team or create your own team so not knowing any better I went and created my own team (Team GEFNET) Was this a smart move is it better to be on a already established team vs creating a new one ?

Just some of the many questions to come from me. So with all that said I'll end this post (my first post of many to come here at BitcoinTalk)  and Check out the rest of the site. Cheers Everyone and looking forward to being an active part of this community!

Greg
so, did u ever draw any conclusions? is it req'd to join a team? beneficial? any drawbacks? how do u get codes?
newbie
Activity: 12
Merit: 0
April 26, 2013, 03:55:03 AM
#5
never hear of this problem
sr. member
Activity: 462
Merit: 250
April 26, 2013, 03:49:25 AM
#4
You could also think about mining for Litecoin (or other cryptocurrencies) as the difficulty for Bitcoin will be rising so much in the coming months with Asic coming online that mining BTC with a GPU will be cost prohibitive
sr. member
Activity: 420
Merit: 250
April 26, 2013, 02:38:08 AM
#3
Teams don't mean anything, not sure of the relevance of that feature on BTCguild. You can just ignore it.

As for mining with your CPU... don't. Your GPU probably gives you like 200-400 Mhash/s (depending which card in the 6000 series you have), while your CPU would only do like 5. CPU doesn't even break even on the power cost of the electricity to mine with it. If you just want to try CPU mining anyway to see for yourself that it's not worth it, I'm not sure about CGminer, but you can do it easily in guiminer or Bitminter. They should detect all your GPUs and CPUs and let you mine/stop with each one with a mouse click.
newbie
Activity: 9
Merit: 0
April 26, 2013, 01:03:58 AM
#2
Hey! I think it does not matter, on btcguild, anything about "teams".... so no you did not make a mistake

newbie
Activity: 10
Merit: 0
April 26, 2013, 12:23:43 AM
#1
Hello! I'm a Newbie here thus I'm trying to earn my stripes to explore and participate in other discussions on the forum. So what Better way then to write an introduction post.

I got on the Bitcoin Bandwagon during all the recent media Hype about it I think I first heard about Bitcoins on Leo's Show TWiT after that I started checking it out and was instantly fascinated by the concept even tho the coding and math aspects is above my head I love the idea. I'm kicking myself for not knowing about this sooner.  Anyways I've been reading everything I can get my hands on in order to catch up and kinda become a local expert for my area (Alamogordo, NM).

So Any advice and tips and tricks would be helpful and appreciated! I've been following along with the dude from codinginmysleep as he seems to know a thing or two about bitcoins.  Here's where I stand at the moment I'm interested in the mining aspect and using Bitcoins in my own business to receive payments for services and products offered.

I have the Bitcoin wallet setup and I'm a new member at the BTC Guild and I have cgminer running on my windows 7 computer. The computer has 8 gigs of ram and a AMD hexacore processor with a AMD Radeon hd 6000  series gpu. I've just started to mine today So naturally there are a lot of questions but my main one at the moment is since it's only using the GPU power to mine how do I utilize the hexacore CPU as well?

I don't presume to know anything at this point because even tho I'm reading up and learning how to use bitcoins and start mining i'm clueless when it comes to the finer details like the profitability of mining vs the cost to mine etc etc.

For instance when I joined BTC Guild you have the choice to join a team or create your own team so not knowing any better I went and created my own team (Team GEFNET) Was this a smart move is it better to be on a already established team vs creating a new one ?

Just some of the many questions to come from me. So with all that said I'll end this post (my first post of many to come here at BitcoinTalk)  and Check out the rest of the site. Cheers Everyone and looking forward to being an active part of this community!

Greg
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