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Topic: I mined $0.12 in 2 days!!! (Read 2386 times)

newbie
Activity: 14
Merit: 0
October 22, 2012, 01:09:16 PM
#34
LOL. At least I got it to work. But I spent $0.48 to mine the $0.12 cents on my old PC using the CPU. I used the excuse to mine coins to get an ATI 5870 card. Card was not very expensive. I think with that video card I can earn more than the electricity used to run it. If not, at least I'll finally be able to play Battlefield 3 on my PC with the new card. : ) Trying to keep this fun...

Hah, mininig this way is more about the fun and supporting the network than the money.
newbie
Activity: 25
Merit: 0
October 22, 2012, 10:06:42 AM
#33
I am waiting for BFL to ship the ASIC also, but in the mean time 2gh/s doesn't hurt.
hero member
Activity: 812
Merit: 1000
I <3 VW Beetles
October 22, 2012, 09:14:32 AM
#32
It would be best to simply go about getting a Butterfly Labs box located here - http://www.butterflylabs.com/products/ - You may earn what you spend on the box in maybe a year or two Smiley

scam.
Yeah I also dont know its true...
I would wait until the release date of the thing and people confirming it works.

And IF its a scam those people are laughing there ass of right now :/
newbie
Activity: 26
Merit: 2
October 22, 2012, 01:00:04 AM
#31
It would be best to simply go about getting a Butterfly Labs box located here - http://www.butterflylabs.com/products/ - You may earn what you spend on the box in maybe a year or two Smiley

scam.
hero member
Activity: 651
Merit: 501
My PGP Key: 92C7689C
October 21, 2012, 01:29:50 PM
#30
@GernMiester - When I mine a more substantial amount of coins I may donate some to you so you can buy yourself some sense of humor.

I suspect that would be a waste of your coins, as the impression I've gotten from him is that he's just an anti-social douchebag about whom you'd be well-advised to not waste any mental bandwidth.
newbie
Activity: 9
Merit: 0
October 21, 2012, 01:11:05 PM
#29
what pool did you use
newbie
Activity: 16
Merit: 0
October 21, 2012, 12:45:15 PM
#28
looks like your going to need to invest in some better hardware xD
hero member
Activity: 812
Merit: 1000
I <3 VW Beetles
October 20, 2012, 05:32:31 PM
#27
yay I got 47 cents Cheesy but thats only mining a few hours per day... @300 mh/s
newbie
Activity: 9
Merit: 0
October 20, 2012, 02:41:27 PM
#26
pfft I made .02$ in 2 days! You guys wish you had a shit gpu like me!
full member
Activity: 137
Merit: 100
October 20, 2012, 01:11:36 PM
#25
I hope you had fun doing that  Smiley
I get mine from an exchange... Tongue
newbie
Activity: 14
Merit: 1
October 20, 2012, 12:18:27 PM
#24
Thats what I make in LTC in 1 day running it on my iMac  Grin

I have tried on both my Macs and no luck running in OS X or with Win XP running on my Macs. Could you give me some tips on how to mine on a Mac?

I'm not sure, but maybe the bitminter.com client will work for you? It's in java.
newbie
Activity: 29
Merit: 0
October 20, 2012, 09:11:35 AM
#23
OP and Metta28, what mining pool service are you using, if any?
member
Activity: 66
Merit: 10
October 18, 2012, 08:45:38 PM
#22
Thats what I make in LTC in 1 day running it on my iMac  Grin

I have tried on both my Macs and no luck running in OS X or with Win XP running on my Macs. Could you give me some tips on how to mine on a Mac?
newbie
Activity: 6
Merit: 0
October 18, 2012, 03:52:42 PM
#21
BTC comunity looks great,i can get used great graphic cards for less money that people are selling.
I just need to get my first BTCs.
newbie
Activity: 1
Merit: 0
October 18, 2012, 11:21:51 AM
#20

Yeah, I'm still considering one of the new ASICS... but then I imagine how over 9000 bitcoingeeks would be in front of me mining away Smiley

Its still neat to have a "bank account" that gets deposits every day from "interest" in Bitcoins.

J

newbie
Activity: 6
Merit: 0
October 17, 2012, 09:46:43 PM
#19
Thats what I make in LTC in 1 day running it on my iMac  Grin
member
Activity: 66
Merit: 10
October 17, 2012, 09:30:36 PM
#18
I do have a pre-order in for one of those 4.5 GH/s ASIC devices. I give it a 50/50 chance it will ship for real but I've wasted more than $160 on dumber things in the past. So in the end if all goes well the ASIC device will pay off my 5870 video card ($110) and I'll end up with a decent video card to be able to play BattleField 3. Smiley

@Metta28 - Between 300 and 600 KH/s. Yes "K"H/s. Just doing it to learn the various aspects of BTC.

@GernMiester - When I mine a more substantial amount of coins I may donate some to you so you can buy yourself some sense of humor.

@bitcoinspace - I'm taking a change on one of their vaporware ASIC device...

full member
Activity: 181
Merit: 100
October 17, 2012, 04:05:18 PM
#17
Make sure you don't spend it all in one place.
sr. member
Activity: 441
Merit: 250
GET IN - Smart Ticket Protocol - Live in market!
October 17, 2012, 10:13:15 AM
#16
I just got myself ASUS 5830 last month from eBay for $110. I'm currently mining at 334 Mh/s with it. I already mined 4 BTC in about 35 days. Another 2-3 months and it will pay for itself.

Entire system is using ~200W measured with KillAWatt, so in 35 days it used 188kWh ($17 of electricity at .09/kWh).

5830/5850 seem to be the biggest band of the $ spend on them.

Play with the parameters of "cgminer" and also try to do an "undervolt". This will reduce the Mhash/s but may enhance your Mhash/W, thus saving you money while mining. The highest Hashrates usually will cost more power/Watt.

not if electricity is below $0.10

My actual electricity rate is $0.048/kWh, the rest $0.042 out of $0.09 is from Customer Charge (fixed price), Distribution Charge, Taxes and other fees.
hero member
Activity: 588
Merit: 500
firstbits.com/1kznfw
October 17, 2012, 10:06:29 AM
#15
Yay, another dope losing money to electricity.. Way to go geniuses.

Honestly, I think that everyone who uses bitcoins should mine a little at a loss, just to understand the process. It's not like he ran it for a year at a loss.

To the OP, I do want to warn you that it is unlikely that your card will pay for itself because the reward is halving at the end of November and it is likely that the difficulty will be going up greatly in the next few months due to ASICs being released. However, you will probably make enough money to keep ahead of the depreciation on your card.
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