Topic: Introduce yourself :) - page 550. (Read 1066160 times)

Hi there. Kitich.

Hello. I'm Bricolage.

I'm not Batman ...

Well, the power is an estimate. I've got three systems with two x16 slots, so the net result is 1 x 6950, 2 x 5870, 2 x 5850, and 1 x 5670 (not so high on the last one, but the slot will only fit a single wide card). All are slightly overclocked, but to varying amounts. Actual power draw is probably closer to 1200-1500W, but the three systems have a 550W, 700W, and 750W PSU. Either way, even if it's only 1200W total (which is probably a bit low), the result is that I can hash around 2000Ghash/s. When I quit mining, difficulty was a bit higher so that worked out to around 1.2BTC/day. Looks like with the drop in mining power I'd now get 1.5BTC per day. So, let's see, best case I can mine maybe 1.5BTC per day for an electrical cost of $2.3; if my estimates are a bit too low on power (so closer to 1500W than 1200W), we'd be at $2.88 per day. Given the volatility of BTC right now, I can't sink a bunch of extra money into mining in the hopes of recouping my costs.

What I do know is my power bills were up about $125 per month, which works out to closer to 2200W of power draw. Rather than put the extra money into mining, I'm seeing if I can speculate and increase my BTC holdings that way. So far, not so good, but I've decided to be a bit more cautious after some stupid decisions early on and I managed a 2% increase in BTC today. That works out to around 1BTC for zero cost in electricity, which is better than 1.5BTC for $2.30 in power bills.

Wait 2000W for ~1.5GH?  Are those graphics cards or lead smelters?

3x5970 are <1000W and push 2300MH/s+.

Hey y'all I'm a new newbie... Keen to get involved in bitcoins ^_^

I just blew out some fuses mining bitcoins. The first of many...

You do.  /Cap'n Obvious.

Hello World!

I'm a n00b miner from Finland. I am using two Radeon HD6950 and two nVidia GTX 275 GPUs for mining Bitcoins at BTCServ pool (https://btcserv.net/), which is quite a neat site.

I have been mining about two weeks or so, and I already managed to solve a block.

Keep on crunching.

If you're in it for the long haul and believe the that bitcoin will catch on as a mainstream currency/payment system, then I think you stand to make some impressing gains just by holding BTC.

So I started mining in June when the hype was big; I managed to get together a crew of six high-end AMD GPUs and was really hoping prices would stay high. I did manage to cash out and pay for all the hardware, but then the price died on me. So sad. Now I'm just hanging around looking at BTC from afar and wondering if there's a reasonable chance of making money. I've got about 40 BTC left that I'm thinking to play with as speculation, but all of the miners are shut down. (Hint: drawing 2000W of power at $0.08 per kWh for 1.2BTC per day means that I'd have to see BTC prices of at least $3.2 just to break even; realistically I'd want it at $6 or more given the volatility.)

For me, BTC is purely about a way to make money, so unless something major changes in how we are able to use Bitcoins, I'm not sure there's much else to do with it. I'm working to lose the newbie hat, since I've been lurking over in the speculation forums. Bunch of silly stuff being said there as well, but I might as well work at joining the fun. Welcome to the wonderful world of digital currency.

Admitted skeptic, but no troll.  Here for education.

Counting my posts to get out of here. This is #1 (and 1 and 1 minute online).

Hi, I'm Robert W. Bonzi.  I'm the inventor of the so-called Bonzi game.  I'm pleased to meet all of you. 
I just discovered Bitcoins and it appears my idea has been implemented by a site called Bitcoinduit already.  I shall be contacting them soon.
Regards,
Robert Bonzi

We are the hivemind. We are one.

Welcome!

Its never too late to join crew

Hi, I'm mike.

Heard about bitcoins over this summer with all the media attention but didn't have the time to get into it. Now that it seems like the giant boom is over, I thought I might start paying attention to them. It's all very interesting

names wolf, latecomer to bitcoin and early adopter of litecoin :-)
finally registered on this forum, that was actually quite a challenge lol

Some call me... Tim :3

Hello! I'm new here in Bitcoin Forum. I hope I can make new virtual acquaintances with same minded people.