Ethereum GPU mining?

[Madpacket]

Ahh, finally some of the pools are getting their stuff together. Cast your vote fellow miners of ethermine/ethpool!

https://forum.ethereum.org/discussion/7796/dao-soft-fork-voting-on-ethpool-ethermine

If you don't mine here please check your pool to see if they're offering the same sensible solution.

Chiropteran: In what way is this process centrally controlled?

 

[thilanliyan]

Not sure what to vote for lol. I read up a bit and I would probably vote soft fork, but really I don't know enough technically to make an informed vote.

 

[poofyhairguy]

Not sure what to vote for lol. I read up a bit and I would probably vote soft fork, but really I don't know enough technically to make an informed vote.

I voted for soft fork if only to give everyone time to discuss other options for actually getting the money back.

I am just happy the pool is allowing this, the owner could have just decided for all of us.

 

[Madpacket]

Not sure what to vote for lol. I read up a bit and I would probably vote soft fork, but really I don't know enough technically to make an informed vote.

I'm not sure if this will help but there's a good overview of the situation on /r/ethereum.

The DAO Heist FAQ:

https://reddit.com/r/ethereum/comments/4os7l5/the_big_thedao_heist_faq/


This is also a good point about the "Immutability" of Blockchains I hadn't considered, worth the read.

https://reddit.com/r/ethereum/comments/4oybz2/fork_debate_we_are_not_giving_up_on_immutability/

Hopefully this helpful.

 

[Chicken76]

To everyone comparing what happened to the DAO with MtGox: these incidents cannot be compared. In the case of the DAO it was an exploit of the DAO code, while in the case of MtGox it was good old embezzlement (ok, there was the transaction malleability bug too, but it was found to have affected only a small percentage of the stolen BTC).

I think they should fork and after that's done, a loud and clear statement from the developers that this was the first and last time ETH will fork to fix a bug in a smart contract, no matter what.

Also, I hope people putting together DAOs in the future don't copy this idiotic "the code is the contract" idea, unless they follow with "and any bugs in the code can be freely exploited without consequences".

 

[Aristotelian]

Hey again guys. So my build is taking a while to complete meaning that my current pc (that I'd like to convert into a miner) hasn't been changed yet. But what I'm reading here makes me wonder if I've missed the Ethereum boat - is currency mining the kind of thing where other startups can begin to compete? With the difficulty increase in Bitcoin and Ethereum average users have to go up against server farm people, right? I guess what I mean is I'm hoping we can find another way to get a foot in the door early, with another currency, and hope that it takes off as well. Those who got into Ethereum at the very beginning could have made some serious cash.

 

[DrMrLordX]

-A purist fundamentalist maximalist (possibly anti-ethereum) vocal minority who thinks forking is somehow cheating or morally wrong, when it's actually part of the blockchain's social consensus mechanism, don't get their way."

. . . that about sums it up. Well maybe I wouldn't be that contentious about it but let's face it, things are not going to go well if the DAO h4x goes unchecked.

This weekend I had the fans on both my Sapphire Tahitis (one a 280x one a 7970 Ghz) completely stop working. One tore in half!, the other makes a terrible clack noise and won't spin above a slow speed.

Tore in half? Yowza. How long had those cards been in service?

Ahh, finally some of the pools are getting their stuff together. Cast your vote fellow miners of ethermine/ethpool!

nanopool hasn't got a voting option up yet. They are tracking the time 'til the next DAG epoch which is nice of them.

 

[beginner99]

The DAO is being hacked right now, watch the ETH/BTC rate crash in real time!

https://poloniex.com/exchange#btc_eth

The first point in the disclaimer for the DAO was about not being responsible for security issues in the code. That's wen I decided to rather skip the DAO because software without a flaw just does not exist.

 

[Feld]

. . . that about sums it up. Well maybe I wouldn't be that contentious about it but let's face it, things are not going to go well if the DAO h4x goes unchecked.

Glad to see you've come around.

 

[thilanliyan]

Hey again guys. So my build is taking a while to complete meaning that my current pc (that I'd like to convert into a miner) hasn't been changed yet. But what I'm reading here makes me wonder if I've missed the Ethereum boat - is currency mining the kind of thing where other startups can begin to compete? With the difficulty increase in Bitcoin and Ethereum average users have to go up against server farm people, right? I guess what I mean is I'm hoping we can find another way to get a foot in the door early, with another currency, and hope that it takes off as well. Those who got into Ethereum at the very beginning could have made some serious cash.

You can still make money but it's not big cash anymore. With 2x290 I am getting about a theoretical 15Eth per month. That has come down a LOT in the last several months.

I remember I was making like 0.5BTC PER DAY back when I first started mining bitcoin lol...didn't last very long

 

[MrTeal]

You can still make money but it's not big cash anymore. With 2x290 I am getting about a theoretical 15Eth per month. That has come down a LOT in the last several months.

I remember I was making like 0.5BTC PER DAY back when I first started mining bitcoin lol...didn't last very long

Heh, looking back I'd pull my 1BTC payment from slush every four days or so, and that was mining with a 6870 part time in my main rig. Definitely advantages to starting early, but to be fair at the time 1BTC was worth about $5.

 

[n0x1ous]

Anyone use this client? is it a gui client vs all the cmd based ethminer and claymore etc?

http://goldminer.io/?lg=en

 

[MrTeal]

Anyone use this client? is it a gui client vs all the cmd based ethminer and claymore etc?

http://goldminer.io/?lg=en

No offense, but barring a much more in depth investigation I wouldn't let that anywhere near any of my machines. That screams scam.

 

[n0x1ous]

No offense, but barring a much more in depth investigation I wouldn't let that anywhere near any of my machines. That screams scam.

Agreed, just saw somebody mention it in another thread and was curious. Ill keep trucking with ethminer+ethproxy

 

[Madpacket]

Agreed, just saw somebody mention it in another thread and was curious. Ill keep trucking with ethminer+ethproxy

Lol step #4 is the best.

"4. ENJOY LIFE

You have nothing else to do. As long as GoldMiner works, you will keep on receiving money. Go out and do whatever you want."

I mean I don't know if this is legit or not. But if you want people to take you seriously this is a pretty bad way to present it.


I found the following thread on it. Looks like one guy tried it and it didn't work. Probably a scam.

https://www.reddit.com/r/ethereum/comments/4o767u/wanna_mine_ether_in_2_minutes_goldminer_is_here/

 

[Madpacket]

Heh, looking back I'd pull my 1BTC payment from slush every four days or so, and that was mining with a 6870 part time in my main rig. Definitely advantages to starting early, but to be fair at the time 1BTC was worth about $5.

Ahh the good ol days. I was selling BTC for $5.00 each. My only thought was;

"Holy crap, this is paying for my new Radeon cards!"

 

[thilanliyan]

I think I sold a bunch of BTC at $6...

 

[poofyhairguy]

Tore in half? Yowza. How long had those cards been in service?

A year of gaming and two months of mining. My zip tied on fans are working pretty well now though.

It is kinda cool that you don't need much hardware in a mining machine thanks to Linux. I built one more machine out of some absolute junk I had lying around (Q9550, 2GB DDR2 RAM, this 800w Bronze PSU I got for $35 on Newegg that I probably shouldn't use) and its working just fine with two GPUs in it.

 

[DrMrLordX]

Glad to see you've come around.

Well the way I look at it, something has to be done to protect the people who got ripped off. At first I was not sure what, if anything, could actually be done to do that, and I was prepared to accept that the DAO was flawed, the system worked "as intended", and that everything was just going to trundle along.

But if something can be done that will protect the folks that got ripped off and assuage the fears of those who are not prepared to deal with Ethereum and the DAO in a wholly-rational fashion, then that's probably what we should do. We really can't afford to miss PoS. Otherwise Ethereum is basically dead, an that is what I'm working towards anyway so it would be dead for me regardless.

I'm still prepared to suck it up and deal with Ethereum as a wholly-rational "oh well too bad deal with it" sort of entity where you're stuck with whatever the smart contracts are written to do regardless of intent. Not everyone else is, you know? I can't expect everyone to be exactly like me. I do know that there will have to be a fair number of us that are willing (and able) to take licks in the future to serve as a bulwark against those who can't/won't. The DAO is not the only case where smart contracts will prove to be difficult. It's all a learning experience.

So there you have it.

A year of gaming and two months of mining. My zip tied on fans are working pretty well now though.

It is kinda cool that you don't need much hardware in a mining machine thanks to Linux. I built one more machine out of some absolute junk I had lying around (Q9550, 2GB DDR2 RAM, this 800w Bronze PSU I got for $35 on Newegg that I probably shouldn't use) and its working just fine with two GPUs in it.

Hmmm, how much time did those fans spend at 100%?

And yeah it can be fun to cobble together mining rigs from weird old stuff. Right now my two Linux miners are AM2+ machines. Sadly my Sempron 140 was so volt-stressed that I couldn't get it stable faster than 1.7 GHz (and that was with an overvolt). I had to replace that with an x2 240. And a looooot of the AM2+/AM3 CPUs I'm getting off eBay these days are shipping with bent pins! I got an x2 220 that had two full rows bent, so I had to get a refund. Grr.

 

[n0x1ous]

We really can't afford to miss PoS

PoW for life - miners unite! :biggrin:

 

[Accord99]

It is kinda cool that you don't need much hardware in a mining machine thanks to Linux. I built one more machine out of some absolute junk I had lying around (Q9550, 2GB DDR2 RAM, this 800w Bronze PSU I got for $35 on Newegg that I probably shouldn't use) and its working just fine with two GPUs in it.

To be fair, you don't need much hardware with Windows either.

 

[poofyhairguy]

Hmmm, how much time did those fans spend at 100%?

Most of the time they were running at around 60-70%. Never seen one crack in half like that.

My MSI 390x fans now have a certain rattle in them but it isn't so bad I fear for that card's life like with these Sapphires.

And yeah it can be fun to cobble together mining rigs from weird old stuff.

That is pretty much all my rigs at this point. Feels nice to use most of the computer parts I have been saving up for over a decade for something finally.

To be fair, you don't need much hardware with Windows either.

I read online that people were recommending 4gb+ RAM for Windows mining rigs. The only reason I had the inspiration to even give 2GB a shot was the EthOS system requirements page. I will have to keep an eye on my hash rates and make sure there aren't any issues longterm though.

 

[n0x1ous]

I read online that people were recommending 4gb+ RAM for Windows mining rigs.

Mine seem to gobble up around 4 when a getting a fresh one going and generating the DAG, but then they drop to like 2.5

 

[Feld]

Well the way I look at it, something has to be done to protect the people who got ripped off. At first I was not sure what, if anything, could actually be done to do that, and I was prepared to accept that the DAO was flawed, the system worked "as intended", and that everything was just going to trundle along.

But if something can be done that will protect the folks that got ripped off and assuage the fears of those who are not prepared to deal with Ethereum and the DAO in a wholly-rational fashion, then that's probably what we should do. We really can't afford to miss PoS. Otherwise Ethereum is basically dead, an that is what I'm working towards anyway so it would be dead for me regardless.

I'm still prepared to suck it up and deal with Ethereum as a wholly-rational "oh well too bad deal with it" sort of entity where you're stuck with whatever the smart contracts are written to do regardless of intent. Not everyone else is, you know? I can't expect everyone to be exactly like me. I do know that there will have to be a fair number of us that are willing (and able) to take licks in the future to serve as a bulwark against those who can't/won't. The DAO is not the only case where smart contracts will prove to be difficult. It's all a learning experience.

So there you have it.

That's pretty close to where I'm at too. Personally I could live with just burning the 30% of my eth that was stolen. Just part of the risks when dealing with something new. But this is very blatant and large enough in scale that it really does threaten the future of Ethereum if nothing gets done, both in terms of POS viability (which I'm working towards too) and being able to convince new people from outside of crypto to give it a chance. Both have to be successful for Ethereum to achieve its long term goals. Doing nothing would hurt both, and burning the stolen ether instead of returning it would still hurt the latter.

 

[Headfoot]

Ethereum "Smart Contracts" really only fit a very small subsection of actual contracts. Many, many, many contracts rely on a great deal of indefiniteness and in fact will intentionally build in inexactitude to allow wiggle room in certain areas while being strict in other places.

Smart Contracts will work best in cases where there is no trust between parties (actually a very small percentage of real contracts) like escrow arrangements and take-it-or-leave-it purchasing agreements.

But where things are grey is where the line of "working as intended" or "bug" is going to get really fuzzy.