Topic: What's your Mhash/s? (Pissing contest here) - page 25. (Read 144003 times)

I've been doing a lot of reading on devcoins and I find some interesting things about it and I think it's only a matter of time before devcoin really takes off.

I would like to add my thoughts and contributions on the devcoin main thread and it appear that you actually get paid for writing articles and such for devcoin.  But how can I do that when I'm now allowed to post anywhere except this newbie thread.

Does anybody know how long before a newbie like myself gets bumped to Jr level so I can post on other threads?  Is there a time limit or if you post enough quality posts will that work?  TIA

I doubt they're a scam. You should be fine. They're just taking longer than expected.. to say the least 
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Well, have you read the wired magazine article?  I mean, it's not some mickey mouse publication here, it's wired.  I really hope it's not true cause I already paid and I doubt I can get my money back.  Cause without those asic machines I don't see an affordable option at this point with the difficulty where it is.  I can't even mine decent litecoins and their difficulty is only about 480. 

can anybody chime in on BFL?  TIA

hold on.  you're running 18 graphic cards?  can I ask, what setup do you have?  I've read once you put more than 2 cards in a computer you lose a lot of performance so do you have like 9 computers you're running?  also, if that's the case isn't your energy bill at least $500 per month - and how much money can you clear?  I checked the bitcoin calculator and even at 10GH you're only making about $40 per day.  seems like a huge investment for $800 per month profit.

Am I missing something here?  I'm looking for the most efficient way to make this work and I can't seem to find anything reasonable.  And I don't even care about mining bitcoins, I see that as a boat that sailed away, I would like to at least be able to mine other coins like namecoin or litecoin, devcoins, etc.

Any advice would be appreciated.  TIA

I doubt they're a scam. You should be fine. They're just taking longer than expected.. to say the least 

You know, I've been at this about 30 days now and I've spent some money and i'm starting to feel the same thing.  I can't even effectively mine the cheaper coins like namecoin or litecoin.  It's getting ridiculous, but I'm still trying to make something work.

I even ordered 2 5GH units from Butterfly labs and now I just read a wired article which says it's  total scam and that they don't work as advertised.  What do I do, they already took my money out of my paypal account and their website says no refunds.  What BS.  can anybody confirm if BFL is really just a scam.  I wish you could use their units for mining other coins, that would be worth it since mining bitcoin is pretty much a lost cause right now unless you have a killer rig and free energy.

thanks in advance.

so I got an older dell server with 2 quad core 2.5 ghz L5420 and I tried to use cpu miner but it's pretty much worthless.  I then tried to mine litecoin since that's CPU friendly (supposedly) but Im only getting 40 kilo hash on litecoin.

can this be right?  I disabled the step technology in bios so the cpu doesn't slow down and it didn't do anything.  I'm running windows 7 pro.  any ideas, is it possible only 1 cpu is working?  I just can't believe 40 kilo hash is all i'd get from dual xeons, even if they are a bit older.  the ram is 16 ECC  gig, and 15K scsi drives which of course make no difference.  I guess I can install a GPU but then energy cost is gonna go through the roof.

Any ideas would be appreciated.  I read that a 4 way mining program works great for cpu mining but I couldn't find any 64 bit windows 7 ones that would work on my server.  the server came totally wiped  clean so I spent all night just loading some necessary software so perhaps I'm still missing something.  I did install Open CL from the intel site and other important drivers.

On a side note, because I can't yet post on the devcoin thread, how do I get a devcoin wallet?  I installed the software but what pops up is a window that says bitcoin address.  this can't be right, correct?  It's confusing cause I have a bitcoin wallet and litecoin as well on the same laptop.  thanks in advance.

50Mhash/s on HP Laptop. GPU/CPU

only 70Mhash/s here. HD 4850 on Windows 7

I don't mine because i really don't believe that any Hasrate is enough to gain profit.

10+Gh/s 18x 7950 Radeons Stock.

10,892 mh/s
1x Block Erupter

research more before sinking any more money into mining.
even LTC so much harder to earn money vs 2 months ago with everyone mining it now. When i started i was supposed to get about 5 coins per day but today i only get about 2 or so (LTC)
not even bothering with BTC until there's easier access to ASIC

+/-3800

i run 4 5830's in pooled mining and get about 1GHash/s.

50Mhash/s on HP Laptop. GPU/CPU

50 mh/s

The 5GH/s machine would pay for its self fairly quickly.
My GPU is generating 305MH/s and makes 0.05BTC every 5 days. The BFL 5GH/s machine is roughly 16.5 times as quick, so (at current difficulty) should make 0.825BTC every 5 days.

This means with one BTC being $115 today, and the machine being $275 - each one would pay for its self within 15 days - everything else on top of that is pure profit (minus electricity usage - but these things can be connected to a Raspberry Pi, if you are concerned about power)

This is why I have one on order too. (When mine arrives, and I know they are real, I will be ordering a 50GH/s model immediately.

The only issue is, that if you *just* ordered it - you won't get it until July at the earliest, and the difficulty will have increased by then, but you should still see a great benefit over your GPU rates.

Lol, I just checked the bitcoin calculator.  Ahahaahaaaa.

With a 1,000 mega hash rig it would take 8 years just to break even on a $2,000 computer.  At 1,000 mega hash I would mine .0499 coins per 24 hours.

What's the point?  Most people here are well under 1,000 mega hash so then you're not even finding 5 cents of 1 bitcoin.  Oh man, this is depressing.  Even with 2 BFL mining rigs (at 5GH each) it's hardly worth it.

Is it too late or is there a way to find other coins that will also go up in price later on?  TIA

the BFL miners can only mine BTC, they have only just started shipping them... no one know what numbers they are shipping at atm.

just google bitcoin profit calculator and put the hash rate etc and it ill work it out for you

getting about 2200mh/s

soon to be 3500mh/s