Author

Topic: Newbie bitcoin genesis (Read 440 times)

newbie
Activity: 4
Merit: 0
August 06, 2013, 09:25:39 PM
#2
Okay

I ve earned my frist bits hehe.

I am using Bitcoin Client for wallet it took ages to sync all those blocks.

I have installed Bitminter miner
Found I have a capable GFX ATI firepro so Im just fiddling around with it
Got around 100Mhps which is slooooowww. they only do payouts when u reach a threshold of 0.01 so im going to stop and save my gfx card.
I ve created an address called it charity instead 1KDgBFBtEg7L69aw7Zc8K5jihYgUSkP9oX


with bitvisitor.com ive done a couple rounds and got instant payment on my wallet cool


newbie
Activity: 4
Merit: 0
August 06, 2013, 08:58:17 PM
#1
Hi,

So I have stumbled on an ASIC homemade rig on a firends facebook post and got really intrigued after reading that he was making bitcoin currency with it...... Im all into electronics, IT, DIY etc and I allways keep away from web money generating stuff like adds or surveys or whatever stuff its advertised. they all smell like scam or u wont get the bang for the buck without specializing on web dev.
However this felt promising and I had that barneys "challenge accepted" feeling.
Early this year I ve read some very superficial articles about BTC . So now I am doing some extra research on how it all works and am finding already in motion a totally well architectured machine with a lot of potential at many different levels.
Anyway now I am at that point where you make a decision on how you mine for BTC. in terms of initial investment, small investment (eg. 2GH),  if I go DIY building a rig my break even point will be harder to achieve than if i opt for paying a contract for Cloud Hashing right?

your thoughts on this last one   
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