Author

Topic: newby strugling (Read 562 times)

legendary
Activity: 2436
Merit: 1561
May 23, 2016, 03:21:22 AM
#5

As the others mentioned, times of GPU mining are long gone (still works for some altcoins).

If you're desperate to mine bitcoin anyway (for educational purpose etc) you can buy some old-generation ASIC miner. But note that you will not make a profit.
legendary
Activity: 3248
Merit: 1072
May 23, 2016, 01:56:24 AM
#4
Mining bitcoins requires lot of CPU power

no it require specialized HW called asic

OP you need to use that rig to mine altcoin, like etheruem which is more profitable than mining bitcoin with asic
full member
Activity: 313
Merit: 100
May 22, 2016, 03:17:45 AM
#3
Mining bitcoins requires lot of CPU power
RJX
legendary
Activity: 1078
Merit: 1003
May 21, 2016, 09:39:06 AM
#2
It doesn't work because the hashrate of your GPU is insufficient to mine bitcoin.

http://bitcoin.stackexchange.com/questions/41125/is-gpu-mining-still-an-option

You should look into mining Ethereum.



newbie
Activity: 1
Merit: 0
May 21, 2016, 06:33:46 AM
#1
Hello
I am a newby trying to understand. Still in the learning mode.

I did all the stuff as sayd  http://eligius.st/~gateway/getting-started   and  http://eligius.st/~gateway/miners/standalone-miners

1 - Installed bitcoin core and have a bitcoinadress.
2 - Downloaded bfgminer 4-1-.6-win64
3 - Run Bitcoin core
3 - Run bfgminer en enterd in the url:  stratum+tcp://stratum.mining.eligius.st:3334
     My username is my bitcoinadress and the password is just randomly chosen.

Then I hit enter.  After a few moments bfgminer shuts down.
When I start taskmanager on the backround things are happening. My hd runs for 80%. Processor 35% ethernet 54 Mbps. But GPU is not working at all.
I have a MSI Radeon R& 370 Graphics card.

When I place my bitcoinadress in http://eligius.st/~wizkid057/newstats/mystats.php?u=142QvgtkVAvWazMcP19KJD1RPkcfYMgS57   it says "No address sent for My Stats page "bitcoinadress" was not found in database.
To use My Stats you must specify your Eligius mining address.

So I dont now if it works correctly, Can someone help me out,

Thank you
 

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