Cryptocoin Mining?

[SickBeast]

Bitminter eh? Ill Check it out when I'm off work. Can u give a quick rundown of it? I'm at work can't get online with the work computers so I'm currently using my phone

It's a browser based miner that is extremely simple to set up. You create an account, punch in your wallet address, and push "start minting". It worked great for me when I was mining. There is basically nothing to configure and as far as I could tell it was just as fast as other apps like DiabloMiner.

 

[Zargon]

does it have failover pools?


oh well it sounds interesting.....


still wish I could get cgminer working.

followed the instructions to a T but some of their command line stuff spits back no such command

 

[SickBeast]

does it have failover pools?

I don't even know what those are.

All I know is that I was making about $100/month back when bitcoins were worth about $20 and I was mining with a 7870 and a 7850. It also gave me namecoins which I lost track of and are basically worthless.

I was very happy with bitminter.

 

[hokies83]

Back up to 90$ per coin

 

[hokies83]

They DDoS attacked all the servers last night to slow down trade.. and up prices XD

Up to 98$

 

[SickBeast]

At $100 per coin, mining is fairly profitable. It really needs to be up around $120 though. Unfortunately the new ASIC miners are going to make it harder and harder to mine on a GPU. If I had to make a prediction I would say that bitcoins are on their way down to about $50 until the difficulty goes up to the point that it's hard for even the ASIC miners to turn a profit.

That said, the entire bitcoin market has been incredibly volatile so it's really hard to say. Good luck to those of you GPU mining. I know for me personally it paid for my hardware until it blew up.

 

[markyh]

Back up to 90$ per coin

This is why I converted my LTC to BTC yesterday @ 0.028, so I could hold i BTC until the price recovered. Notice the BTC/LTC rate has dropped to 0.027 today too.

Next jumps in both BTC and LTC difficulty in the next 12 hours.

M

 

[philipma1957]

I don't even know what those are.

All I know is that I was making about $100/month back when bitcoins were worth about $20 and I was mining with a 7870 and a 7850. It also gave me namecoins which I lost track of and are basically worthless.

I was very happy with bitminter.

NAMECOINS are 150 to 1 or 150 name coins = 1 bit coin.

so that is about 60 cents each but for every bitcoin you earn you earn about 11-13 name coins or around 7 bucks as compared to 90.

so I earn . 4 bit coins a day or 36 bucks and I earn 5 namecoins a day or around 3 bucks. 3 bucks a day is 1000 a year. I hash 7200 soon to be 8100

 

[wbynum]

NAMECOINS are 150 to 1 or 150 name coins = 1 bit coin.

so that is about 60 cents each but for every bitcoin you earn you earn about 11-13 name coins or around 7 bucks as compared to 90.

so I earn . 4 bit coins a day or 36 bucks and I earn 5 namecoins a day or around 3 bucks. 3 bucks a day is 1000 a year. I hash 7200 soon to be 8100

Does BTCGuild do merged mining of name coins when using their stratum server? I see name coins listed under the dashboard but I never earn any.

 

[Qianglong]

If your GPUs are adequately cooled and runs at 75~80C while mining..what type of life expectancy am I looking at before they blow up...

 

[Mir96TA]

BitMinter only works with BitMinter.
They just also introduce the Min 1% fee!

 

[Mir96TA]

If your GPUs are adequately cooled and runs at 75~80C while mining..what type of life expectancy am I looking at before they blow up...

Keep the Fan clean and heat sink Clean from Dust.
GPU Fan Should able to last you for 2 years.
GPU it self will not going to have an issue as long
they don't go above 80 c° also keep a close eyes on those VRM Temps

 

[thilanliyan]

Undervolt as far possible, and I would say sacrifice speed a bit to keep temps in check. The downtime from losing a card is probably worse than the slightly lower hashrates you would get while underclocking.

 

[philipma1957]

BitMinter only works with BitMinter.
They just also introduce the Min 1% fee!

yeah and the name coins they give you more then make up for it.

 

[SickBeast]

It was actually my motherboard that blew up from mining bitcoins. I had a 7870 and a 7850, both overclocked with excellent cooling and good case cooling. I don't know what happened but one day my computer wouldn't turn on. The only part that died was the motherboard. I sold off the rest of my rig and went to a laptop when that happened.

 

[thilanliyan]

^That is a concern I had as well. My new motherboard supports 4 dual slot video cards and it actually has a SATA connector that provides extra power to the PCI-e slots. Hopefully the 3x7950 don't take a toll on this motherboard.

What motherboard did you have that blew up Sickbeast?

 

[Mir96TA]

yeah and the name coins they give you more then make up for it.

What u can do the Name Coin with ?
remember Bitminter for their POOL ONLY

 

[SickBeast]

^That is a concern I had as well. My new motherboard supports 4 dual slot video cards and it actually has a SATA connector that provides extra power to the PCI-e slots. Hopefully the 3x7950 don't take a toll on this motherboard.

What motherboard did you have that blew up Sickbeast?

it was an Asus motherboard that I was using with a 2500k. I forget the model number at this point; sorry. it was a fairly basic board though. I'm not sure I would go with Asus again. I had to previously RMA the board because 2 of the ram slots were dead and then they tried to deny my RMA due to bent pins. I drove to a drug store, straightened the pins, and then they took it. what a joke though. I never touched the pins.

 

[SickBeast]

What u can do the Name Coin with ?
remember Bitminter for their POOL ONLY

that was my problem, I could never figure out how to sell the name coins.

 

[thilanliyan]

that was my problem, I could never figure out how to sell the name coins.

You can exchange them for BTC on BTC-e now I think.

 

[thilanliyan]

it was an Asus motherboard that I was using with a 2500k. I forget the model number at this point; sorry. it was a fairly basic board though. I'm not sure I would go with Asus again. I had to previously RMA the board because 2 of the ram slots were dead and then they tried to deny my RMA due to bent pins. I drove to a drug store, straightened the pins, and then they took it. what a joke though. I never touched the pins.

Yeah the last Asus m/b I bought came DOA, I have had much better luck with Gigabyte so I will be sticking with them from now on.

 

[birthdaymonkey]

Well, I got my 7950 installed, guiminer detects that I have 0-0 Gtx 650, 1-0 Tahiti, and 1-1 core i7.

It crashed again..


What is 'NoneType' object has no attribute error? My primary video card works and so does the cpu.

I have a GTX 670 and a 7790 and I've got guiminer working without any problems. I just select "Bonaire" from the device drop-down and mine as usual.

Do you have an account at a pool? Does it work for a little while and then crash, or is it not working at all?

 

[philipma1957]

What u can do the Name Coin with ?
remember Bitminter for their POOL ONLY

that was my problem, I could never figure out how to sell the name coins.

You can exchange them for BTC on BTC-e now I think.

I use

https://vircurex.com/

 

[Chiropteran]

It's a browser based miner that is extremely simple to set up. You create an account, punch in your wallet address, and push "start minting". It worked great for me when I was mining. There is basically nothing to configure and as far as I could tell it was just as fast as other apps like DiabloMiner.

You inspired me to give it a try. I haven't been having any problems with BTCguild, but with it nearing the 50% point which will lead to increased fees I want to try to find a secondary pool. I like the fact that it merge mines namecoin, BTCguild used to do that but at some point stopped. The java miner program seems to give results close enough to cgminer.

 

[philipma1957]

You inspired me to give it a try. I haven't been having any problems with BTCguild, but with it nearing the 50% point which will lead to increased fees I want to try to find a secondary pool. I like the fact that it merge mines namecoin, BTCguild used to do that but at some point stopped. The java miner program seems to give results close enough to cgminer.

yeah and changing namecoins to bitcoins is easy


BTC - Bitcoin
-------------Bid-------------- Ask---------- Last----------- Volume
BTC/EUR 64.10000000 75.00000000 75.00000000 3.7512
BTC/USD 78.50000000 82.00000000 82.00000000 87.3382
DVC/BTC--- 0.00000133--- 0.00000143 -------0.00000140 --------7.8579
IXC/BTC---- 0.00012222--- 0.00013444 -------0.00012222 --------7.1006
LTC/BTC----0.02409639--- 0.02499999 -------0.02500000-- 421.5161
NMC/BTC---0.00600601--- 0.00660100-- 0.00660007- 27.1318
PPC/BTC-- 0.00210004 -------0.00224985--- 0.00210004 -------211.0016
TRC/BTC-- 0.00437001-- 0.00459000-- 0.00460000--- 78.1234



right now NMC to BTC is

.006006 bid

.00660100 ask


so 150 x .006006 = .9009 btc


and 150 x .00660100 = .99015 btc.


so if you are dumping namecoins


and offer 100 name for .006006 btc each they will sell very fast. you will get .6006 bitcoins minus a fee

if you offer 100 for .006601 they may not sell fast or at all. if they sell you will get .6601 bitcoins minus a fee.



I pick a number in the middle like 100 namecoin for .0063