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Topic: I have a couple of questions... (Read 142992 times)

thy
hero member
Activity: 685
Merit: 500
July 21, 2013, 10:53:58 PM
#22
Are there any alt coins that would be viable to mine with CPU ?
If you dont have free electricity it woun't be profitable to mine with the CPU.

A resonably modern AMD GPU can still make profits mining altcoins thou, a 5850 for example, underclocked and undervolted is still profitable on the second biggest coin LTC and even more so on other smaller coins, you can compare profitabillity at http://www.coinwarz.com/

an 5850 at 282Mhz/s, 92 watt and relatively high cost per kw/h in this example:

http://www.coinwarz.com/cryptocurrency/?sha256HashRate=282.00&sha256Power=92.00&sha256PowerCost=0.1800&scryptHashRate=282.00&scryptPower=92.00&scryptPowerCost=0.1800
Fastcoin (FST) seems to be the most profitable today, generating 3 times as much USD as if one would mine btc instead, but that changes from day to day so have a look there.
sr. member
Activity: 252
Merit: 250
July 17, 2013, 09:47:25 AM
#21
Are there any alt coins that would be viable to mine with CPU ?

I can't imagine anything being viable to mine with CPU nowadays...
sr. member
Activity: 350
Merit: 250
July 17, 2013, 05:38:32 AM
#20
Are there any alt coins that would be viable to mine with CPU ?
hero member
Activity: 590
Merit: 500
Wherever I may roam
July 17, 2013, 05:32:08 AM
#19
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high


LOVE this parody!!!  Sing on youtube for me please?

You don't want this. I sing Bass. The song calls for a higher voice.

Good parody anyway! Hilarious! Unfortunately I'm old enough to well remember it Sad
hero member
Activity: 924
Merit: 1004
July 16, 2013, 06:30:51 PM
#18
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high


LOVE this parody!!!  Sing on youtube for me please?

You don't want this. I sing Bass. The song calls for a higher voice.
sr. member
Activity: 252
Merit: 250
July 16, 2013, 06:27:09 PM
#17
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high


LOVE this parody!!!  Sing on youtube for me please?
legendary
Activity: 938
Merit: 1000
What's a GPU?
July 16, 2013, 05:31:01 PM
#16
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high


I'm surprised that no one commented that you parodied American Pie. Or maybe no one here is old enough to know it.  Undecided

Now that I reread it with that tune it's fantastic! Tongue
legendary
Activity: 938
Merit: 1000
What's a GPU?
July 16, 2013, 05:30:11 PM
#15
I remember way back when I could mine tens of btc per day with less than 100mh Smiley

Just imagine taking the a 100gh machine back in time for a day Cheesy

Then send it back and watch how time between blocks drops to days or weeks instead of 10 minutes due to difficulty adjustments. By the time you're back in 2013 bitcoin will have died a gruesome death  and be absolutely worthless because nothing gets processed with about 4 die hards still clinging on and trying to mine a block that should have dropped 2,5 years ago.

You're entirely right. The easiest way to counter this would be to turn on the miner for ~1 minute every ~10 minutes. Then everything stays in check Smiley
legendary
Activity: 2156
Merit: 1392
You lead and I'll watch you walk away.
July 16, 2013, 05:27:31 PM
#14
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high


I'm surprised that no one commented that you parodied American Pie. Or maybe no one here is old enough to know it.  Undecided
hero member
Activity: 924
Merit: 1004
July 16, 2013, 04:19:33 PM
#13
I remember way back when I could mine tens of btc per day with less than 100mh Smiley

Just imagine taking the a 100gh machine back in time for a day Cheesy

Then send it back and watch how time between blocks drops to days or weeks instead of 10 minutes due to difficulty adjustments. By the time you're back in 2013 bitcoin will have died a gruesome death  and be absolutely worthless because nothing gets processed with about 4 die hards still clinging on and trying to mine a block that should have dropped 2,5 years ago.
legendary
Activity: 938
Merit: 1000
What's a GPU?
July 16, 2013, 04:10:57 PM
#12
I remember way back when I could mine tens of btc per day with less than 100mh Smiley

Just imagine taking the a 100gh machine back in time for a day Cheesy
legendary
Activity: 1050
Merit: 1001
July 16, 2013, 04:09:07 PM
#11
Also, would it be unethical for me to farm a whole cluster of old Pentium3s/Pentium4s and generate Bitcoins that way?

It would be no more unethical than you getting a cluster of earth diggers together to mine gold. With Bitcoin there is no central authority. Everything is essentially public and only subject to the rules of the free market. Do what you like.

I see you're pretty new, and may think mining coins is easily profitable. It's not. There is a lot of competition for it now. You may want to check out the mining section.

https://bitcointalk.org/index.php?board=14.0
member
Activity: 98
Merit: 10
Invest NASDAQ in Bitcoin
July 16, 2013, 04:07:19 PM
#10
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

Dont make fun of that newbie, we all used be like him. Just like don't ever laugh the driver in front of you, we used to be like him

In 2010 we all were like him.

Coincidentally....

You are a funny guy...
hero member
Activity: 924
Merit: 1004
July 16, 2013, 04:03:23 PM
#9
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

Dont make fun of that newbie, we all used be like him. Just like don't ever laugh the driver in front of you, we used to be like him

In 2010 we all were like him.

Coincidentally....
member
Activity: 98
Merit: 10
Invest NASDAQ in Bitcoin
July 16, 2013, 04:02:52 PM
#8
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

Dont make fun of that newbie, we all used be like him. Just like don't ever laugh the driver in front of you, we used to be like him
hero member
Activity: 924
Merit: 1004
July 16, 2013, 03:55:43 PM
#7
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.

A long, long time ago
I can still remember how that mining used to make me smile
And, I knew if I had my chance that I could make those bankers dance, and...
Maybe I'd be happy for a while
But piratefourty made me shiver, with every block that I'd deliver
Bad news on the forum - I couldn't keep decorum
I can't remember if I cried when I read about the ASIC tide
Something touched me deep inside the day the CPU died

Bye bye, my little share of the pie
drove my tools to the pools but the pools went dry
them good old boys are scamming victims and lie, singing
This'll be the day that I'm high
This'll be the day that I'm high
hero member
Activity: 518
Merit: 500
July 16, 2013, 03:31:23 PM
#6
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?



Heh, CPUs for mining bitcoin, wouldn't that be nice.
newbie
Activity: 7
Merit: 0
April 10, 2010, 01:48:27 PM
#5
Also, would it be unethical for me to farm a whole cluster of old Pentium3s/Pentium4s and generate Bitcoins that way?
No. The BitCoins you receive for generating a block are a payment to you by the system for you work towards extending the block chain. You have invested money (by way of electricity and hardware wear) in the generation of the block chain, and are receiving compensation for that work.
legendary
Activity: 860
Merit: 1015
April 07, 2010, 11:53:06 AM
#4
afaik it doesnt really matter if you set the priority manually because bitcoins creates new threads everytime it generates a block and these threads have a low (?) priority by default.

correct me when i'm wrong.
administrator
Activity: 4228
Merit: 8647
April 06, 2010, 05:39:49 PM
#3
Quote
Do all CPUs--no matter their strength--produce the same amount of coins at the same rate?

No. For each SHA-256 hash you calculate, you get one chance of solving the block. Better CPUs can hash more data per second.

Quote
If not, can I give the Bitcoin application the highest priority on a system and dedicate all of the CPUs power to Bitcoin production? Will this produce more coins compared to running the application normally?

It'll already use 100% of the CPU's capacity if nothing else wants to. Setting priority just says, "If CPU resources are scarce, prefer the higher-priority program over the lower one."
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