Author

Topic: Mining might not be easy... (Read 764 times)

newbie
Activity: 5
Merit: 0
July 06, 2011, 11:17:32 PM
#5
Congrats.  Make sure to use your Bitcoins to buy crap, not just change it out.

I was going to pull the trigger on some Beef Jerky but decided that I wanted something a little more memorable. Whatever I do, I definitely won't be changing it out. I promise you that much.
newbie
Activity: 29
Merit: 0
July 06, 2011, 11:07:27 PM
#4
Welcome to the forums, glad to hear some statistics too from your mining adventures. I've setup my mining rig with a 5850 spare GPU ready-to-go, the only thing I'm missing is a damned SATA cable for the HDD, I forgot that I ran out of those Smiley

I can't wait to get it going and to start seeing results Tongue

Even if it's not profitable (probably not), it still seems like it's going to be satisfying!
hero member
Activity: 630
Merit: 500
Posts: 69
July 06, 2011, 11:06:22 PM
#3
Congrats.  Make sure to use your Bitcoins to buy crap, not just change it out.
newbie
Activity: 57
Merit: 0
July 06, 2011, 11:02:39 PM
#2
Enjoyed your first post! Smiley

Welcome... and I certainly agree that a huge number of people don't mine for the riches, but for the experience!
newbie
Activity: 5
Merit: 0
July 06, 2011, 10:52:30 PM
#1
...but I find it oddly gratifying. In the last month, I've managed to scrape together a total of 4.037 bitcoins, with 0.002 coming from Bitcoin Faucet. My hash rate is ridiculously low between 2 older computers, at approximately ~100Mh/s total on average. I know that is a joke by most of this forum's standards but I'm not doing this to profit from it. In fact, I'm probably losing money factoring in the hydro costs. I just find it strangely rewarding. At the current difficulty, I'll probably get my next lone BTC in a couple weeks. Hehe.

I'm fairly new to bitcoin. Like many people, I heard about it when I read that (now famous) Wired article. I read up on bitcoin further out of a deep fascination and curiosity. I've been quietly lurking the forums ever since. Anyway, there is no real point to my post. I just wanted to formally say hi to everyone in my very first post on this forum.

P.S. Confession: Before I understood a single damned thing about how mining worked, I set up solo mining (LOL) on a Friday evening and left my computer running all weekend before returning on Monday morning totally expected to see coins. I didn't know how many coins I should have been expecting to even see. I was clueless. Suffice to say, after finally taking the time to read up on it further I learned about how completely ridiculous my presumptions were, but I also learned about mining pools. What I completely naive noob, eh? Hopefully some of you will get a good laugh out of that story.
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