Time To Stop Mining? | Bitcointalksearch.org

NetTecture

full member

Activity: 140

Merit: 100

Just ordered 14 x 1250 watt power supply, to be delivered tuesday.
Outstanding order of 37 x 6970 to be delivered 2nd of August.

Small stugg on the side.

Monday I sign the lease for a 42 rack data center location that will go operational the moment we get DSL there Wink

if anything fails, in September I have 150 x 6970 for sale Wink

tonto

hero member

Activity: 609

Merit: 500

Quote from: Oldminer on July 20, 2011, 07:27:12 PM

Quote from: imperi on July 20, 2011, 06:03:16 PM

I don't mine because I don't want to wear my card out for Battlefield 3.

I'm hoping to make enough from Bitcoin to be able to have a dedicated rig with a 6990 ready for when BF3 comes out. The games going to be kickass IMO.

As for not mining, I can't stop - I'm well addicted now. Tongue

I'm also using my bitcoins to (slooowly) build up a good gaming rig. I got the case (corsair 800d), and now working towards a 6990 (or two, depending on how well bitcoins do later in the year). I was never in it to profit (plus I didn't get into bitcoins until May). Just for some casual cash to buy computer crap that my wife won't let me buy.

She doesn't see the few extra cents per month in electricity, and also doesn't see any unusual credit card purchases (thanks to newegg gift cards purchased via bitcoins)

I'll admit I should have got the 6990 first before the case (so that I could earn more bitcoins to make this faster)... but my current case can barely keep my 5770s cool, so I needed to get that first.

After 6990s will come some SSDs

Xephan

newbie

Activity: 42

Merit: 0

Quote from: Seraphim401 on July 21, 2011, 02:50:21 AM

Time to stop?Tell that to the 2 5870 I just bought on ebay!
Damn you Bitcoin!

It's not really bitcoin's fault you know Cheesy

Quote

Ps: Screw everyone who's mining NMC after the diff drop,only to abandon it when it hits 80000+

Lol, just saw the massive dip on the NC chart Cheesy

Since I do like the idea of a decentralized DNS, although I don't really think there's much value in a NC that only works with .bit domains, I'll sacrifice a few BCs and contribute some hashes for a day or two if it's any help.

Morebitcoinsplease

member

Activity: 84

Merit: 10

Quote from: SmokeAndMirrors on July 20, 2011, 06:35:11 PM

I buy a new 6970 (plus additional parts when needed) every 2 weeks.

I am not in it for the money, so I don't mind spending a couple grand every months to keep up/overcome difficulty rises every so often.

+1

Bitcoin for me is a hobby, anyway you could always sell the cards and with the profits made from mining theoretically you should come out above your investment. As long as I am covering the cost of electricity I am okay with mining for bitcoins.

thefussydutchman

full member

Activity: 142

Merit: 100

BTC- Its not a bubble.

I know a guy that just pulled the plug on 8 6970's. Grin

Seraphim401

full member

Activity: 215

Merit: 100

Live Long and Prosper

Time to stop?Tell that to the 2 5870 I just bought on ebay!
Damn you Bitcoin!

Ps: Screw everyone who's mining NMC after the diff drop,only to abandon it when it hits 80000+

TheGer

hero member

Activity: 602

Merit: 500

I stopped mining for 2 days because of the blistering heat. My AC could not keep up. Back online now that the temp has dropped. It ell evened out though when the MTGOX price spiked to almost 15 and all my coins sold. Boucht again when it was low and recouped about as much coins as I would have mined. Happy Days!

IlbiStarz

full member

Activity: 336

Merit: 100

Quote from: Jaime Frontero on July 20, 2011, 05:54:07 PM

no.

iopq

hero member

Activity: 658

Merit: 500

I stopped mining bitcoins
because namecoin difficulty dropped lol

Isepick

full member

Activity: 180

Merit: 100

Now that I only lose .03 btc for turning off one of my 5870s for a few hours I have been catching up on the games I have been missing.

edit: zomg! the cake is a lie!

Wink

Meatpile

sr. member

Activity: 277

Merit: 250

And thus is born a free market. Some people give up and make it more profitable for everyone else.

Jointops420

full member

Activity: 132

Merit: 100

Jedi hand wave 'you dont want to mine anymore, the fans are getting noisy and are starting to sound like a grinder in your brain'

Xephan

newbie

Activity: 42

Merit: 0

Quote from: bonker on July 20, 2011, 05:52:17 PM

Psychologically, I'm finding it easier to stop mining at this difficulty level just for some fan noise free time, for the health of my card and to spack around playing games.

Anyone else having the same feeling. Days of fan noise just for a few frikking dollars?

I think so it's a good idea, everybody should stop mining for a few hours each day to get some peaceful and quiet time. Wink

Unfortunately I am having hearing difficulties so am unable to join everybody else in this excellent rest time. Cheesy

geek-trader

sr. member

Activity: 294

Merit: 250

Quote from: KaptainBlaZzed on July 20, 2011, 07:35:07 PM

everybody complaining about the fan noise.

if it bothers u that much buy a better heatsink.

Or under clock your cards and turn down the fans:

> aticonfig --odsc 650,200
> aticonfig --pplib-cmd "set fanspeed 0 35"

then you get quiet, AND still have some mining going on

KaptainBlaZzed

newbie

Activity: 100

Merit: 0

everybody complaining about the fan noise.

if it bothers u that much buy a better heatsink.

Oldminer

legendary

Activity: 1022

Merit: 1001

Quote from: imperi on July 20, 2011, 06:03:16 PM

I don't mine because I don't want to wear my card out for Battlefield 3.

I'm hoping to make enough from Bitcoin to be able to have a dedicated rig with a 6990 ready for when BF3 comes out. The games going to be kickass IMO.

As for not mining, I can't stop - I'm well addicted now. Tongue

kwukduck

legendary

Activity: 1937

Merit: 1001

As with most electronics.
They don't 'wear out' noticeably faster with normal use, unless you over-volt or -heat them they will live a long life.

nemo

sr. member

Activity: 500

Merit: 253

I sold my 5970 a couple weeks ago and I regret it. Should have let it ran for 3 more months. I was expecting difficulty to keep on sky rocketing. At least I made $200 profit off it though. The way I see it I can now buy about 5 months worth of bitcoins and not worry about the noise, heat and electricity or tying up my computer. The card was probably going to die anyway.

Peripeteia

newbie

Activity: 33

Merit: 0

Regardless of current difficulty I do stop mining every now and then when I just want some peace and quiet from the fans.

(Some things Bitcoin just can't buy...)

MKW2012

jr. member

Activity: 74

Merit: 1

Just take a week or two off. You'll be back soon. Cheesy

Topic: Time To Stop Mining? (Read 3164 times)