From those stats (which shows a HUGE spike in bitcoin client downloads recently in China, after the CNTV channel did their bitcoin story apparently) and what I can gather from that CNTV video, China just woke up to BTC. Chinese energy is subsidized, and they have a very large number of video cards there. We are about to experience the mother of all difficulty increases from GPUs to add to the already ridiculous ASIC pressure.
I'm up and running with FC today since lunchtime. Had a try yesterday evening but gave up beause every pool I tried was crap. Wouldn'y connect to stratum, huge stales (30-40%) on non stastum or just fell over and froze after 15 mins on guiminer scrypt.
Awful experience compared to LTC which was a breeze. Seen some rumours on various FC forums that all FC pools are under various DDOS attacks the last few days?
Anyway did some more research and managed to get an account with one of the bigger pools, fc.dontmine.me, and it seems to work now. Stales are about 2% with statum, slightly higher than LTC pools i use, but fee is 0.2%, so very low.
Interestingly all FC pools only appear to be PPLNs with 120 confirms before payment only. Never used this before for BTC/LTC and man is it slow to pay out or what!!
However as my mining rig is 24/7 I will stick with FC for a few days an see what comes out of it.
I suspect only a few weeks on FC before difficulty vs FC/$ makes it on par with LTC or below for profitable mining but might as well dig it out while it's worth more.
Gonna keep the 1st 100 FC just in case the dump the rest daily into BTC via BTC-E to "cash out" as i go.
M
Really? I didn't have any problem with Featherpool at all.
Since I was already mining Litecoin (which uses the same protocol), it was as easy as pointing my mining software to a new server address.
The Block Erupter USB series is the second major product of Bitfountain. Its experimental batch (Emerald) has passed all tests. Each one mines at more than 300MH/s, powered only by the USB port.
GPU mining is now official retarded.
RIP GPU mining, RIP...
Yeah tried featherpool.com first and it was just rubbish but the admin is away for a break until 8/5/13 so maybe some is up with the server and no-one to fix it.
Stratum there would not even start for me, non statum had 40% stales. The new pool i'm on (the biggest FC one) works as you suggest. just change address from LTC settings and hit start.
M
Yes, because over 1000W in GPU mining is so much smarter than barely 30W with Erupter?
Then we have heat, then we have noise with GPU mining which you don`t have to deal with a Erupter.
And price/performance is just about what a 7970 can offer. $40 more for the Erupter option.
LOL at all you GPU miners
Yes, because over 1000W in GPU mining is so much smarter than barely 30W with Erupter?
Then we have heat, then we have noise with GPU mining which you don`t have to deal with a Erupter.
And price/performance is just about what a 7970 can offer. $40 more for the Erupter option.
LOL at all you GPU miners
Uh huh, you forget that all of us GPU miners are mining NOW, not whenever the hell BFL decides to ship, or when users get these USB miners. You're trying too hard, and you're looking dumber with each post.
Uh huh, you forget that all of us GPU miners are mining NOW, not whenever the hell BFL decides to ship, or when users get these USB miners. You're trying too hard, and you're looking dumber with each post.
Indeed.
I could of jumped in when i first got my 5970's but i had no interest, maybe i should of.
It almost seems like he is bitter that he has missed out and is being as much use as telling people that one day they will die while he should just let people enjoy what they are doing while they can.
Cloudfire seems overly intent on guiding users away from GPU mining. The intensity of his opposition is weirdly off-putting to me, but makes me curious about what causes it.
More like he and Chimax work for opposite GPU companies. (Look at their respective post histories... hilariously one-sided, and they are polar opposites.) If they don't work for NVDA and AMD, respectively, or at least have financial interest in them, I would be surprised.
NV cards suck at mining so he, being a pro-NV/anti-AMD poster, likes to diss mining and thus, indirectly, AMD. Chimax meanwhile continues his anti-NV/pro-AMD crusade that's been going for even longer than Cloud's pro-NV/anti-AMD crusade. Maybe they can get a room and annihilate each other like matter colliding with anti-matter.
NV cards suck at mining so he, being a pro-NV/anti-AMD poster, likes to diss mining and thus, indirectly, AMD. Chimax meanwhile continues his anti-NV/pro-AMD crusade that's been going for even longer than Cloud's pro-NV/anti-AMD crusade. Maybe they can get a room and annihilate each other like matter colliding with anti-matter.
NV cards suck at mining so he, being a pro-NV/anti-AMD poster, likes to diss mining and thus, indirectly, AMD. Chimax meanwhile continues his anti-NV/pro-AMD crusade that's been going for even longer than Cloud's pro-NV/anti-AMD crusade. Maybe they can get a room and annihilate each other like matter colliding with anti-matter.