- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Tigerdroppings Bitcoin Mining Team
Posted on 3/25/13 at 2:17 am
Posted on 3/25/13 at 2:17 am
I'm still looking into this stuff, but I am officially mining bitcoins! I created a mining team on BTCguild.com, and I am extended the invitation to my TD.com PC brethrens.
I'm using GUIMiner, but I think I'm going to change it since I can't figure out how to run both of my 7950s at the same time.
BTC Guild
GUIMiner Download
How to use GUIMiner
Join the Mining team "Tigerdroppings" and the pin number is 9876.
I currently have my 7950 downclocked to 900/1100 and I have about 400 MH/s. If I could get both of my 7950s to run I could be pushing 700 to 800.
Edit: I got both of my cards to run now
They are each running independent of each other at 420 MH/s
Edit 2: Well I'm going to my bottom card only because my top cards gets too hot. I OC'd my bottom card to 1100/1400 and it runs at max 68C
I'm using GUIMiner, but I think I'm going to change it since I can't figure out how to run both of my 7950s at the same time.
BTC Guild
GUIMiner Download
How to use GUIMiner
Join the Mining team "Tigerdroppings" and the pin number is 9876.
I currently have my 7950 downclocked to 900/1100 and I have about 400 MH/s. If I could get both of my 7950s to run I could be pushing 700 to 800.
Edit: I got both of my cards to run now
They are each running independent of each other at 420 MH/s Edit 2: Well I'm going to my bottom card only because my top cards gets too hot. I OC'd my bottom card to 1100/1400 and it runs at max 68C
This post was edited on 3/25/13 at 2:47 am
4
Posted on 3/25/13 at 7:20 am to bluebarracuda
At this point the proof-of-work diffulculty has changed so much that the cost of running your machine all day probably won't offset what you make. Plenty of people with way more than just a gaming computer have bailed since the last increase.
Others are just sitting around waiting on ASIC miners to be released which will no doubt be the final nail in the coffin for GPU mining.
I mined for a while and I think you would be better off just joining some of the survey for bitcoin sites at this point. They also have some bitcoin for watching video sites.
ETA: I just read where some people already have ASIC miners just not the ones from Butterfly labs. The proof-of-work diffulculty will increase so rapidly that I really don't see how any GPU mining group will be able to justify competing.
Avalon started shipping thiers on 3/3/13
LINK
Others are just sitting around waiting on ASIC miners to be released which will no doubt be the final nail in the coffin for GPU mining.
I mined for a while and I think you would be better off just joining some of the survey for bitcoin sites at this point. They also have some bitcoin for watching video sites.
ETA: I just read where some people already have ASIC miners just not the ones from Butterfly labs. The proof-of-work diffulculty will increase so rapidly that I really don't see how any GPU mining group will be able to justify competing.
Avalon started shipping thiers on 3/3/13
LINK
This post was edited on 3/25/13 at 7:28 am
Posted on 3/25/13 at 7:25 am to stout
Debbie Downer
Posted on 3/25/13 at 7:30 am to The Eric
Just looking out before Blue has a $600 electric bill with $20 in bitcoins to show for it. I have had one of the 4.5 GH/S machines on back order for a while now and buy up bitcoins whenever they are low enough to justify it so I still love the idea but GPU mining just isn't practical anymore IMO.
ETA: When you have people like this pushing such high GH/S while your GPU/group is pushing just a few MH/S the % of the block you mine and get will be nothing in comparison to the cost of running a PC 24/7.
LINK
ETA: When you have people like this pushing such high GH/S while your GPU/group is pushing just a few MH/S the % of the block you mine and get will be nothing in comparison to the cost of running a PC 24/7.
LINK
This post was edited on 3/25/13 at 7:41 am
Posted on 3/25/13 at 8:30 am to bluebarracuda
I prefer mining unicorn farts myself
Posted on 3/25/13 at 8:59 am to sbr2
quote:
I prefer mining unicorn farts myself
Me too. We regularly discuss the bitcoin scam on the Money Board.
Posted on 3/25/13 at 9:13 am to stout
Hmm I should've recommended this to my friend when he lived in ole london town (elec included in rent, still cheap as frick)
Posted on 3/25/13 at 9:31 am to sbr2
Posted on 3/25/13 at 10:58 am to Broke
quote:
Me too. We regularly discuss the bitcoin scam on the Money Board.
LOL how could this be anything BUT a scam, that's what I don't get how people are falling over themselves for it.
Posted on 3/25/13 at 11:03 am to BTHog
It's cool if you don't understand it. Calling it a scam shows that you don't.
Now had you said that lately someone is artifically inflating the price than that I can get on board with. I had bought and mined some 6 months ago when it was around $10-$11 per coin. That seemed much more stable. It being in the $70s tells me a crash is coming soon when people start dumping the coins they have been hoarding.
Now had you said that lately someone is artifically inflating the price than that I can get on board with. I had bought and mined some 6 months ago when it was around $10-$11 per coin. That seemed much more stable. It being in the $70s tells me a crash is coming soon when people start dumping the coins they have been hoarding.
This post was edited on 3/25/13 at 11:12 am
Posted on 3/25/13 at 11:11 am to stout
Stout
It is an imaginary currency.
Where Are you going to spend your bit coins?
It is an imaginary currency.
Where Are you going to spend your bit coins?
Posted on 3/25/13 at 11:13 am to tenderfoot tigah
A simple google search will bring up tons of places. Amazon was even kicking around the idea of accepting them at on point. Not sure where they stand on that currently.
LINK
Or you can just exchange them for $$
LINK
ETA: Just because you can hold a dollar bill but you can't physically hold a bitcoin doesn't mean it is any less imaginary than the numbers in your bank account.
One is self regulating while one is controlled by a bunch of incompetent assholes. Both can be inflated and deflated by the market. This is the biggest problem I potentially see with bitcoins is that if one person has too many of them he can control the whole market by himself.
Bitcoin conspiracist think the Government is making an effort right now to aquire what they can to drive the market into the ground because they fear no longer having the control of our currency. I am not one to wear a tin foil hat but I see that as a legitimate worry for bitcoins.
I am not saying bitcoins will be it but a form of decentralized currency is the future and will happen. Most world currency is digial these days too. It will just take more accpetance and maybe some learning from the short comings of bitcoins to happen.
LINK
Or you can just exchange them for $$
LINK
ETA: Just because you can hold a dollar bill but you can't physically hold a bitcoin doesn't mean it is any less imaginary than the numbers in your bank account.
One is self regulating while one is controlled by a bunch of incompetent assholes. Both can be inflated and deflated by the market. This is the biggest problem I potentially see with bitcoins is that if one person has too many of them he can control the whole market by himself.
Bitcoin conspiracist think the Government is making an effort right now to aquire what they can to drive the market into the ground because they fear no longer having the control of our currency. I am not one to wear a tin foil hat but I see that as a legitimate worry for bitcoins.
I am not saying bitcoins will be it but a form of decentralized currency is the future and will happen. Most world currency is digial these days too. It will just take more accpetance and maybe some learning from the short comings of bitcoins to happen.
This post was edited on 3/25/13 at 11:30 am
Posted on 3/25/13 at 11:27 am to stout
It did not show me at all to find out that Wiki is all about it. 
Posted on 3/25/13 at 11:32 am to Mr Gardoki
Wiki likes the idea of decentralized currency because he pictures it as rebellion. I like it because I feel like it can potentially put more control back in people's hands.
The only scary thing is that if it takes it truly has the power to tople whole economies and governments. That might not be a bad thing in some instinces. We would have had a say in the bailout funds that were waisted.
The only scary thing is that if it takes it truly has the power to tople whole economies and governments. That might not be a bad thing in some instinces. We would have had a say in the bailout funds that were waisted.
Posted on 3/25/13 at 12:01 pm to stout
I stopped mining back in late 2011 when the price started plummeting again. I cashed out at about $14 per coin. It was semi-profitable back then, but I didn't have the proper setup to make good money. People still seem to be trying to price-gouge on their old mining cards on trade forums and ebay. I agree that now it's pointless to try mining even if the price is inflated right now.
Silk road drug prices are OUTRAGEOUS now.
Silk road drug prices are OUTRAGEOUS now.
Posted on 3/25/13 at 12:08 pm to ILikeLSUToo
Do you know anyone that actually uses silk road? I am no druggie but am more curious if anyone has actually ordered from there and not been busted by the DEA or something.
Posted on 3/25/13 at 12:23 pm to stout
quote:
Wiki likes the idea of decentralized currency because he pictures it as rebellion.
Exactly. Nothing against him but you can usually expect him to go against the grain.
Posted on 3/25/13 at 2:32 pm to stout
quote:
Do you know anyone that actually uses silk road? I am no druggie but am more curious if anyone has actually ordered from there and not been busted by the DEA or something.
I "know someone" who ordered DMT recently. Will report back with his findings.
Posted on 3/25/13 at 2:37 pm to stout
quote:
Both can be inflated and deflated by the market.
Wiki claims there can't be bitcoin inflation.
quote:
Bitcoin conspiracist think the Government is making an effort right now to aquire what they can to drive the market into the ground because they fear no longer having the control of our currency.
Why would they acquire when they can just force regulation and squash it that way?
quote:
I am not saying bitcoins will be it but a form of decentralized currency is the future and will happen.
I'll go with aint happening.
Posted on 3/25/13 at 2:38 pm to stout
quote:
The only scary thing is that if it takes it truly has the power to tople whole economies and governments.
Whoa. No fricking way this ever happens. Absolutely, unequivocably no way.
Page 1 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News