Cryptocoin Mining?

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Zargon

Lifer
Nov 3, 2009
12,240
2
76
Just had this bad boy arrive. Will be set up mining this evening after work. Sales blurb states 66 degrees under max load!

http://www.overclockers.co.uk/showproduct.php?prodid=GX-190-MS&groupid=701&catid=56&subcat=1673

LTC blockchain already downloaded so just a case of installing, setting up the software and then mining!



M



when I saw newegg and amazon selling out of 7950's I bought another

and a rosewill thor

that should hold 2x7950's and a 6870 just fine.

I have room to not sandwhich them....hence my asking about the expansion cables

my wife refused to run the AC yet, its in the 70's so my office baking(half basement)

I am dropping this thor off at my dads, whose basement never strays from 60F
 

markyh

Member
Apr 7, 2013
74
0
0
Been trying for over a week to sign up with the only UK based pool @ litecoinpool.org but they are still not accepting new members.

Idealy I favour a PPS pool but one is in russia which I don't fancy and notroll.in pool seems to be having lots of downtime and only mines 18/24 not 24/24.

Any suggestions from anyone of a good non PPS pool that is taking on miners? I have heard cointron pay out well even though not purely PPS and high fees? i will have a dedicated rig so will mine 24/7.

Any help welcome.

Also talk on forums of a new "stratum" software pools are switching to. Is this automatically compatible with GUIminer-scrypt or will I have to now use some other software?

Thanks

M
 

Qianglong

Senior member
Jan 29, 2006
937
0
0
I've been observing the hash rate on my 7970 and it fluctuates from 400 ~ 650 Mhash/sec...my temperature seems to be okay at 78 so does anybody know what is the cause for this?

ANy help on this? Also, it seems that my the rig with the dual 7970 seems to be only mining with 1 GPU...despite setting up GUIMINER to mine on the two GPUS More tinkling to do...
 

Rikard

Senior member
Apr 25, 2012
428
0
0
A single 7970 @ 1150mhz is now making $350 a month. As the electricity cost is relatively small in most of North America compared to this level of profitability, the card practically pays for itself in 1.5 months. I am amazed people are not dumping their NV cards at this point since 680 has a higher price, which means you could sell it for $300, pick up a brand new 7970 with some games and in 1.5 months you just made all that $ back. In my eyes the 7950-7970 is now the greatest videocard(s) ever made because it turns your computer into a money making machine, for as long as this lasts.
Well, if you can afford Titan SLI, you can also afford four HD7970 for mining. I am sure some NV fans are doing exactly that, but are just to proud to admit it!
 
Feb 19, 2009
10,457
10
76
$266. I am starting to think $300 is in reach.

More like $1,000 at this rate. There are massive buy orders in millions of fiat cash. It looks and smells like a LOT of rich ppl are getting into BTC as a "safe" (no authority tracking) alternative to swiss (compromised on security since the USA forced the swiss to reveal banking details) and cyprus banks.
 

Alienwho

Diamond Member
Apr 22, 2001
6,766
0
76
So last night I simply downloaded litecoin-qt and didn't change anything and clicked the "start mining" button. Today I see it's been doing a few hundred hashes per second, but the wallet balance is 0. Where did it put the mined litecoins?
 
Feb 19, 2009
10,457
10
76
A single 7970 @ 1150mhz is now making $350 a month. As the electricity cost is relatively small in most of North America compared to this level of profitability, the card practically pays for itself in 1.5 months. I am amazed people are not dumping their NV cards at this point since 680 has a higher price, which means you could sell it for $300, pick up a brand new 7970 with some games and in 1.5 months you just made all that $ back. In my eyes the 7950-7970 is now the greatest videocard(s) ever made because it turns your computer into a money making machine, for as long as this lasts.

Its okay because they get "smoother" gameplay out of the box on NV cards.

We get free radeons and eventually heaps of $$.

ps. We radeon users could also get "smoother" gameplay with a few minutes with Radeon Pro, but apparently thats too difficult for some people.

pss.. I wish i listened to your advice many months ago and got into mining. Ive got a few rigs at work on 24/7 as well.. free electricity!
 

RussianSensation

Elite Member
Sep 5, 2003
19,458
765
126
ANy help on this? Also, it seems that my the rig with the dual 7970 seems to be only mining with 1 GPU...despite setting up GUIMINER to mine on the two GPUS More tinkling to do...

Set up an individual worker for each GPU in your pool for each GPU. Then you'll end up with 2 individual workers in GUIMiner. You can toggle GPU0 and GPU1 when you set up the workers in GUIMiner.

For example.

GPU0 - Qianglong
GPU1 - Qianglong2

They can even have the same password. Alternatively, you can select GPU1 from the drop down menu in GUIMiner and input same username and password as GPU0 and they should both work under 1 pool worker. Just take a look at GUIMiner and there is a drop down for selecting a GPU.

Well, if you can afford Titan SLI, you can also afford four HD7970 for mining. I am sure some NV fans are doing exactly that, but are just to proud to admit it!

Word on the street is people who can easily afford $2,000 NV GPUs do not care about making an extra $1,100 a month on 4x 7970s because they buy GPUs for games. Some of the guys on our boards with double digit 7970 GPUs probably made enough profit to get GPU upgrades annually/bi-annually for a lifetime if they held on to some of those coins generated in 2012.

Its okay because they get "smoother" gameplay out of the box on NV cards. We get free radeons and eventually heaps of $$.

Some of them figured out that you can get NV cards for games and AMD cards for making $ on the side. I said before that the most loyal ones won't use AMD cards even if they were being away for free. Now AMD cards are actually making $, which is even better than being given away for free and they still refuse to buy them. It's really mind-boggling how the mind of a fanboy works, isn't it?

pss.. I wish i listened to your advice many months ago and got into mining. Ive got a few rigs at work on 24/7 as well.. free electricity!

I wish I invested XYZ dollars into BTC currency straight up at $2-6 a coin. At this point if your profits > electricity costs, just ride the wave until your card is paid off! After that point, it'll start making you $ towards your next GPU upgrade.
 
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MrK6

Diamond Member
Aug 9, 2004
4,458
4
81
A single 7970 @ 1150mhz is now making $350 a month. As the electricity cost is relatively small in most of North America compared to this level of profitability, the card practically pays for itself in 1.5 months. I am amazed people are not dumping their NV cards at this point since 680 has a higher price, which means you could sell it for $300, pick up a brand new 7970 with some games and in 1.5 months you just made all that $ back. In my eyes the 7950-7970 is now the greatest videocard(s) ever made because it turns your computer into a money making machine, for as long as this lasts.
I agree abd have stated it myself. However, I think you give too much credit to the average "enthusiast." This is upper echelon type involvement and understanding, and most people stop at slapping a card in the slot and being glad it booted.
Set up an individual worker for each GPU in your pool for each GPU. Then you'll end up with 2 individual workers in GUIMiner. You can toggle GPU0 and GPU1 when you set up the workers in GUIMiner.

For example.

GPU0 - Quinglong
GPU1 - Quinglong2

They can even have the same password. Alternatively, you can select GPU1 from the drop down menu in GUIMiner and input same username and password as GPU0 and they should both work under 1 pool worker. Just take a look at GUIMiner and there is a drop down for selecting a GPU.
Agree and if that doesn't work out you can launch separate instances for each card, that's what I do with my miners.
 

RosewillEye

Junior Member
Apr 4, 2013
2
0
0
when I saw newegg and amazon selling out of 7950's I bought another

and a rosewill thor

that should hold 2x7950's and a 6870 just fine.

I have room to not sandwhich them....hence my asking about the expansion cables

my wife refused to run the AC yet, its in the 70's so my office baking(half basement)

I am dropping this thor off at my dads, whose basement never strays from 60F


Thanks for choosing the Thor case. Your rig sounds pretty awesome!
If you ever find that you require assistance, please don't hesitate to contact Rosewill directly at: techsupport@rosewill.com
 

Lazlo Panaflex

Platinum Member
Jun 12, 2006
2,355
0
71
Been trying for over a week to sign up with the only UK based pool @ litecoinpool.org but they are still not accepting new members.

Idealy I favour a PPS pool but one is in russia which I don't fancy and notroll.in pool seems to be having lots of downtime and only mines 18/24 not 24/24.

Any suggestions from anyone of a good non PPS pool that is taking on miners? I have heard cointron pay out well even though not purely PPS and high fees? i will have a dedicated rig so will mine 24/7.

Any help welcome.

Also talk on forums of a new "stratum" software pools are switching to. Is this automatically compatible with GUIminer-scrypt or will I have to now use some other software?

Thanks

M

I switched over to the stratum pool @ give-me-ltc.com (PPLNS pool), been working nicely. Too many problems with notroll (especially with the withdraws/payouts, the admin is being a fvcking d-bag). I'd advise people to stay away from notroll.in at this point.
 
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Zxian

Senior member
May 26, 2011
579
0
0
Has anyone else had trouble with cgminer stopping/freezing when a stratum pool goes down? I'm using 50BTC as my primary pool at the moment, with Slush as a backup. Occasionally, 50BTC has been unreachable, and when cgminer tries to switch the whole program locks up (can't use any of the keyboard commands) and all mining stops. I'm trying to run it as text-mode output (-T option) to see if that helps.

Here's my config:

Code:
{
"pools" : [
	{
		"url" : "http://pool.50btc.com:8332",
		"user" : "myusername",
		"pass" : "mypassword"
	},
	{
		"url" : "http://api.bitcoin.cz:8332",
		"user" : "myusername",
		"pass" : "mypassword"
	}
],

"intensity" : "7",

"gpu-engine" : "0-1050",
"gpu-fan" : "0-90",
"gpu-memclock" : "1500",
"gpu-powertune" : "20",
"temp-cutoff" : "95",
"temp-overheat" : "85",
"temp-target" : "75",

"expiry" : "120",
"failover-only" : true,
"gpu-threads" : "2",
"log" : "5",
"queue" : "1",
"scan-time" : "60",
"temp-hysteresis" : "3",

"kernel-path" : "/usr/local/bin"
}
 

IMZORRO

Junior Member
Jun 6, 2007
17
0
0
A single 7970 @ 1150mhz is now making $350 a month. As the electricity cost is relatively small in most of North America compared to this level of profitability, the card practically pays for itself in 1.5 months. I am amazed people are not dumping their NV cards at this point since 680 has a higher price, which means you could sell it for $300, pick up a brand new 7970 with some games and in 1.5 months you just made all that $ back. In my eyes the 7950-7970 is now the greatest videocard(s) ever made because it turns your computer into a money making machine, for as long as this lasts.


What should the flags be set as for the 7970 on Guiminer. I am currently using
-w 256 -f1.
 

turn_pike

Senior member
Mar 4, 2012
316
0
71
Is there a way to set the miner to only utilize a fraction of the gpu power ? I want to try to make my card inaudible but still having acceptable temp by putting gpu utilization at around 70%
 

Deaks2

Member
Oct 6, 2006
93
0
66
Is there a way to set the miner to only utilize a fraction of the gpu power ? I want to try to make my card inaudible but still having acceptable temp by putting gpu utilization at around 70%
If mining LTC, simply lower the intensity. 13 is pretty quiet on my 7950s, 18-20 doubles the output but also makes the cards wind up to 70% fan speed.
 

tarmc

Senior member
Mar 12, 2013
322
5
81
does anyone use rpcminer-cuda? was going to try it out and see if it works better but it fails to load cuda? any help would be awesome


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Chiropteran

Diamond Member
Nov 14, 2003
9,811
110
106
This crash is annoying. I think it's healthy to see a correction, but the problem is mtgox is so lagged you can't actually do anything on it other than panic sell. I'd like to have sold a few BTC at $200 to re-buy further down, but there is literally 30 minutes of lag. How can you work with an exchange with that kind of lag when the price can change by $50 in that time frame?

I suspect there will be a nice bounce back after the mtgox problems are fixed, but if people keep panic and trying to sell mtgox might be broken for awhile.

Mtgox trading engine lag: 3827.45s

My fault. Lag is over an hour now, not 30 minutes. This is unusable. mtgox should really just suspend trading until the database catches up, I don't understand why they keep it running like this.
 

HydroSqueegee

Golden Member
Oct 27, 2005
1,709
2
71
wellllll shit.

i bought some litecoins, and apparently encrypted my wallet. So far its none of my standard passwords. theres only 19 coins in there, but still... shit.
 

Piotrsama

Senior member
Feb 7, 2010
357
0
76
ANy help on this? Also, it seems that my the rig with the dual 7970 seems to be only mining with 1 GPU...despite setting up GUIMINER to mine on the two GPUS More tinkling to do...

You need to set 2 tabs, one for each GPU.
Anyways, show us pics with your configuration. So we can help you more.

This is unusable. mtgox should really just suspend trading until the database catches up, I don't understand why they keep it running like this.
It's probably automated, and if they aren't paying attention.... $##t may happen.
 

pm

Elite Member Mobile Devices
Jan 25, 2000
7,419
22
81
BTC from $250 to $130 (on BTC-E) in ~2.5 hours.
LTC from $5 to $2.50 (on BTC-E) over the same time period.

And, yes, we need more exchanges. Or we need our one major exchange to do a better job. I read in the MtGox blog that people don't understand how hard what they are doing is... and that's probably true, but they need to step up their game, and if that costs too much then they need to raise fees to raise money to step up their game. A queue of 19000 people for verification and trade latencies of over an hour isn't going to cut it. So much hinges on MtGox either being a highly effective exchange, or else MtGox having lots of competition. If we keep on course where there is one major exchange that is overwhelmed, then the momentum that BTC has as an alternative international currency will decrease.

We also need exchanges that can reduce volatility by allowing short-selling - people who short currencies (or stocks) have a bad reputation, but they do help substantially with volatility by creating sales during run-ups. Pretty much everyone who has been around currencies (and commodities and stocks) for a while can spot a bubble, and people shorting (or borrowing a currency in order to sell it) counter-act price increases with increasing price sales. Short selling doesn't solve the problem of bubbles, but it definitely helps with decreasing volatility. Until there are some tools for allowing shorting, we will continue to see dramatic BTC <-> fiat currency volatility
 
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