Cryptocoin Mining?

[Chiropteran]

Anyone else read this thread?
http://forum.bitcoin.org/index.php?topic=25962.0
http://pastebin.com/aXhCP5EG

That is why you don't use paypal to buy *or* sell bitcoins, among other reasons. While I don't agree with the method or results of the scammer, it's a useful educational tool to look at the irc log and see how he did this.

 

[Chiropteran]

damn!

price is back up to 14.xx

http://bitcoinity.org/markets?exchange=all

Seems like $14.000 is a sticky number.

 

[bageled123]

I'm thinking about pulling the trigger for 2x 6950s off newegg for $230. Considering the rest of my system cost is already sunk, any reason I shouldn't do this? I hope to just break even or a little higher including the cost of power with these cards, then sell them in 6 months to a year. Kind've like a get rich scheme that will last about a year. Sound like a bad idea?

 

[airdata]

Rally!

 

[Chiropteran]

I'm thinking about pulling the trigger for 2x 6950s off newegg for $230. Considering the rest of my system cost is already sunk, any reason I shouldn't do this? I hope to just break even or a little higher including the cost of power with these cards, then sell them in 6 months to a year. Kind've like a get rich scheme that will last about a year. Sound like a bad idea?

If you are going to use them to game also, cool sounds good. If you are only going to mine, I'd suggest the cheap 5830s instead. A little less mhash but you will pay them off much sooner, and hold a lower risk in the meantime. Although something could be said about the 6950 holding a better resale value, as the used 5830 market is going to be flooded when the miners decide to move on and sell their hardware.


And the price fluctuates more. Holding at $14 on tradehill, but down to $12.77 on mtgox.

 

[Mir96TA]

Hmmmm

Now; lets say if I run this software Bitcoin; how it effect my computer usage ?
Like watching U Tube Video, Web Surfing, Hi Def stuff (HD DvD, Blu Ray Disc)

Any body ?

 

[ghost recon88]

Gonna sell as soon as it reaches $15, if it does :\

 

[Zargon]

Any body ?

set like -f128 as a flag and you shouldnt really notice

 

[staraptor]

your -f value will decrease the mining client's priority on your system. no -f flag defaults to 30 iirc. 30 is generally fine for browsing (in chrome)--firefox takes a higher flag because of it's GPU accel'd browisng

 

[NoStateofMind]

Anyone picked up one of these yet?

http://www.newegg.com/Product/Produc...82E16814131446

drool......

 

[Jen]

Anyone picked up one of these yet?

http://www.newegg.com/Product/Produc...82E16814131446

drool......

now thats very interesting , but for now my two 5830s i just picked up local will do at this cost i paid

now i really need another powersupply and pci e extenders

Jen

 

[Mir96TA]

set like -f128 as a flag and you shouldnt really notice

your -f value will decrease the mining client's priority on your system. no -f flag defaults to 30 iirc. 30 is generally fine for browsing (in chrome)--firefox takes a higher flag because of it's GPU accel'd browisng

I didn't put any flags, So I didn't notice any thing how ever I have notice Mhash/s Jumps around.
******************
Men My 465 GTX Blow Big time I couldn't get no more then 56 Mhas.
CPU was even worst 25 Yuke.......
Now I am using GUIMiner V2011-07-01 and I am getting 275Mhas
Video Card is ATi 5850 1GB Video Ram

 

[ViviTheMage]

i need to pick up two video cards for another box ... what should I get?

 

[Muyoso]

i need to pick up two video cards for another box ... what should I get?

The answer is always the 5830. 320Mhash/s for $130. Nothing else comes close.

 

[ghost recon88]

For those of you guys using GUIMiner, are you using the OpenCL (native) or phoenix clients? For some reason with both my 58xx and 69xx cards I've gotten more hash with OpenCL, which seems to be odd as everyone using Linux gets more hash with Phoenix. I use -f0 -w128 and one other switch I can't remember right now.

 

[ViviTheMage]

The answer is always the 5830. 320Mhash/s for $130. Nothing else comes close.

OOS everywhere

 

[Jen]

OOS everywhere

try the for sale section here on the forum , i seen a few posting 5830s for sale there. or try local craigslist maybe something there that is used


Jen

 

[gorobei]

whoa. wth? my wallet address changed in the bitcoin client.
is this normal?

 

[ghost recon88]

whoa. wth? my wallet address changed in the bitcoin client.
is this normal?

Everytime you make a transaction it changes, don't worry though your old addresses are still valid.

 

[wbynum]

whoa. wth? my wallet address changed in the bitcoin client.
is this normal?

Yes. Each time you send a payment a new address is generated. The old address is still usable and is listed in one of the menus. Might also generate a new address when receiving a payment. I don't remember.

 

[gorobei]

odd, it created another wallet address. i've reset to the old one. dont remember ever hitting "new" button.

edit:
also havent sent any coins yet either.

 

[hdfxst]

I think after the next difficulty increase 5830's will be easy to find

 

[gorobei]

I think after the next difficulty increase 5830's will be easy to find

look at compute power graphs. we've leveled off since the last increase. slightly dropped if you believe the trend forecast.

between the btc price drop and fluctuations, and the difficulty in finding cypress parts this plateau may last a bit.

 

[hdfxst]

I noticed this time the 5830 stayed in stock a lot longer.

 

[Spike]

Well, got my first power bill since mining and I noticed a ~$10 increase in cost for June. I was only mining for a good week or so which puts me on track to hit a ~$40 increase in power cost for mining around 15 coins a month. That pans out cost wise but depending on the BTC value could be closer than I would like.