As I understood from what he is saying he is actually not buying anything and just wants to mine with his pc that he already uses for gaming.
He could mine with it in a pool for a while before it is not profitable anymore.
Topic: [Just starting noob. Not retarded] Better off on my own? - page 2. (Read 1552 times)
How does seeding torrent files have ANYTHING to do with you being a good member of this community?
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Well, that would make sense and be a valid point if it was a dedicated mining rig and not just a way to make a little bit of pocket money to fund games for said gaming rig.
But seeings as I already own the hardware, have sufficient cooling, and the part where my build is not overkill for what I need it to do in the time I use it, your post was a useless to me, if not a little insulting.
Now, I'm not a miner, so I don't know if what I said above is completely correct, but that's my understanding.
Well, that would make sense and be a valid point if it was a dedicated mining rig and not jst a way to make a little bit of pocket money to fund games for said gaming rig.
But seeings as I already own the hardware, have sufficient cooling, and the part where my build is not overkill for what I need it to do in the time I use it, your post was a useless to me, if not a little insulting.
The torrent seeding was merely to show that I don't leech off of other's work.
But seeings as I already own the hardware, have sufficient cooling, and the part where my build is not overkill for what I need it to do in the time I use it, your post was a useless to me, if not a little insulting.
The torrent seeding was merely to show that I don't leech off of other's work.
I don't know how torrent seeding shows you don't leech LOL your downloading copyrighted stuff obviously right there your leeching off of someone else's hard work for free. Also when it halves and even now you will not make any pocket money, you wouldn't even break even. Save your money buy a $13k asic machine and then you be making pocket change.
How does seeding torrent files have ANYTHING to do with you being a good member of this community?
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Well, that would make sense and be a valid point if it was a dedicated mining rig and not just a way to make a little bit of pocket money to fund games for said gaming rig.
But seeings as I already own the hardware, have sufficient cooling, and the part where my build is not overkill for what I need it to do in the time I use it, your post was a useless to me, if not a little insulting.
The torrent seeding was merely to show that I don't leech off of other's work.
How does seeding torrent files have ANYTHING to do with you being a good member of this community?
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Ram has no impact on how well you mine bitcoins hope you know that.
To answer your question, DON"T MINE, IT IS A WASTE OF TIME, YOU STARTED TOO LATE, unless your ready to purchase an ASIC machine then you shouldn't ask that question.
For someone with a very high IQ you don't do good research. I would go back to that person that test you and demand a refund.
Got it, so how old are your really? I'm 29
Sixteen.
Also, I wouldn't buy it unless I already had the money.
But, if I make a bunch of coins before the difficulty goes up, won't those coins be worth more than $10?
And I don't plan to make a living off of it or anything. I really just want to fund Steam, so if I make $30 a month with hardware I already own by running it when I'm not using it, I don't see why not. I have sufficient cooling.
Also, the pool I'm currently using (The GUIMiner default) is a group called http://bitcoin.cz
I have no loyalty to them, as I have only made ฿0.01 so far. If there is a more lucrative pool that would welcome a 1.1GHz 7970 ~18 hours a day, I would love to hear it. If not, Slush's pool seems pretty decent. Nice site interface.
As mentioned, now with the release of FPGA and the upcoming release of ASIC's, GPU mining is dead.
Once the ASIC's are released the network difficulty will be so high that it will be impossible for GPU miners to mine enough to cover the power costs, its already difficult as it is.
Once the ASIC's are released the network difficulty will be so high that it will be impossible for GPU miners to mine enough to cover the power costs, its already difficult as it is.
Don't buy anything for GPU mining with the expectation of breaking even. There is no longer a prayer of that happening.
GPU solo mining is also pretty pointless.
Welcome to the forum.
GPU solo mining is also pretty pointless.
Welcome to the forum.
Not really lurking on a community, per say.
A lot of wiki's and FAQ's. Occasionally I'll pop in on an IRC and no one will be active / pretend not to be active.
I'll refer back to the first paragraph. In all fairness, I made this username when I was a semi-autistic twelve year old. XD Personality and knowledge has evolved; name has not.
A lot of wiki's and FAQ's. Occasionally I'll pop in on an IRC and no one will be active / pretend not to be active.
I'll refer back to the first paragraph. In all fairness, I made this username when I was a semi-autistic twelve year old. XD Personality and knowledge has evolved; name has not.
Got it, so how old are your really? I'm 29
Not really lurking on a community, per say.
A lot of wiki's and FAQ's. Occasionally I'll pop in on an IRC and no one will be active / pretend not to be active.
I'll refer back to the first paragraph. In all fairness, I made this username when I was a semi-autistic twelve year old. XD Personality and knowledge has evolved; name has not.
A lot of wiki's and FAQ's. Occasionally I'll pop in on an IRC and no one will be active / pretend not to be active.
I'll refer back to the first paragraph. In all fairness, I made this username when I was a semi-autistic twelve year old. XD Personality and knowledge has evolved; name has not.
Welcome to the community, btw helluva introduction 
Thank you.
Sorry about the long post. As a tech, I've kind of learned I'd rather have everything I need and a little I don't up front than struggle to get the little I need later on.
Don't worry about it, I like reading allot. For how long you've been lurking in the community?
Welcome to the community, btw helluva introduction
Thank you.
Sorry about the long post. As a tech, I've kind of learned I'd rather have everything I need and a little I don't up front than struggle to get the little I need later on.
Welcome to the community, btw helluva introduction
Hello everybody!
First off, yes, this is my first interaction with BitCoin mining.
No, I am not a semi-autistic twelve year old barely able to function at basic tasks.
I am a semi-autistic seventeen year old with a very high IQ and a knack for patterns, computers, and grammar.
I have been building, repairing and just fucking around with computers since I was eight. Just got around to building one for myself (Money. Built plenty for clients)
Please do not dismiss this topic based on my age and my status as a BitCoin noob. I will pick up on it quickly, and if my torrent seed record is any indication, I will be contributing quite a bit (Over 120gb uploaded some months).
Now, I was doing a little bit of research on BitCoins before I actually started asking questions.
While I know I don't really need a lot of this hardware for a dedicated mining rig, I use my computer for gaming and just about everything else.
http://pcpartpicker.com/p/m4xl
Please note that the second 8gb of RAM is not yet purchased, but is on the list, right after I upgrade from my 1984 IMB Model M and my $15 wireless laptop mouse.
This only matters for wattage calculation.
Operating systems I have installed: Vertex 4 / CavBlack: Windows 7 Ultimate. 80gb Scorpio Blue: Ubuntu 12.04 LTS. 80gb Seagate Momentus (PS3 HDD): A broken copy of Mountain Lion.
CPU is overclocked to 4.6GHz.
The actual question:
As you can see from here, I would be making about ฿6.5 / $70 each month at 24/7, assuming the highly unlikely full system load.
Given that people are dicks and would just leave an old Pen4 running the mining on the CPU and taking a full share of the coins (Tempting, but no thank you. My old Pen4 is too loud to tolerate), would I be better off in a large pool (Like this one), a small pool of friends who would mine part-time, or better off on my own?
I figure at $70 a month (Probably closer to $50, since I could only definitely mine 18 hours / day, though I can mine and play Minecraft, which I find hilarious), I could pay off a second 7970 in ~seven months, but if I can make more from helping you guys out, I'm okay with that. Killer gaming system, pocket money, and my parents will blame the extra $20 per month on the new air conditioner.
First off, yes, this is my first interaction with BitCoin mining.
No, I am not a semi-autistic twelve year old barely able to function at basic tasks.
I am a semi-autistic seventeen year old with a very high IQ and a knack for patterns, computers, and grammar.
I have been building, repairing and just fucking around with computers since I was eight. Just got around to building one for myself (Money. Built plenty for clients)
Please do not dismiss this topic based on my age and my status as a BitCoin noob. I will pick up on it quickly, and if my torrent seed record is any indication, I will be contributing quite a bit (Over 120gb uploaded some months).
Now, I was doing a little bit of research on BitCoins before I actually started asking questions.
While I know I don't really need a lot of this hardware for a dedicated mining rig, I use my computer for gaming and just about everything else.
http://pcpartpicker.com/p/m4xl
Please note that the second 8gb of RAM is not yet purchased, but is on the list, right after I upgrade from my 1984 IMB Model M and my $15 wireless laptop mouse.
This only matters for wattage calculation.
Operating systems I have installed: Vertex 4 / CavBlack: Windows 7 Ultimate. 80gb Scorpio Blue: Ubuntu 12.04 LTS. 80gb Seagate Momentus (PS3 HDD): A broken copy of Mountain Lion.
CPU is overclocked to 4.6GHz.
The actual question:
As you can see from here, I would be making about ฿6.5 / $70 each month at 24/7, assuming the highly unlikely full system load.
Given that people are dicks and would just leave an old Pen4 running the mining on the CPU and taking a full share of the coins (Tempting, but no thank you. My old Pen4 is too loud to tolerate), would I be better off in a large pool (Like this one), a small pool of friends who would mine part-time, or better off on my own?
I figure at $70 a month (Probably closer to $50, since I could only definitely mine 18 hours / day, though I can mine and play Minecraft, which I find hilarious), I could pay off a second 7970 in ~seven months, but if I can make more from helping you guys out, I'm okay with that. Killer gaming system, pocket money, and my parents will blame the extra $20 per month on the new air conditioner.
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