Cryptocoin Mining?

[Vesku]

All the pools I've seen payout based on work % so you are good with any of them. Main differentiating factor is pool fee % and I would think pool uptime %.

 

[YoungGun21]

Over time the pools payout should all be the same, the variance is the only difference. Bigger pools discover more blocks, so the payout is steadier. Smaller pools may go hours or days without a block.

 

[Chiropteran]

$12.90, wow. Peaked at $14 briefly last night, seems to be heading back in that direction.

Know how to make more money? Turn your PC off for that hour.

Up to $143 value in bitcoins after mining for a week and a half. I have a feeling this will more than cover the cost of electricity.

 

[hans030390]

$12.90, wow. Peaked at $14 briefly last night, seems to be heading back in that direction.

I bet this has a quite a bit to do with recent news articles regarding bitcoins and purchasing illegal substances online. I saw it on Kotaku originally, but the news has spread.

I'm sure a LOT of people became very interested in bitcoins after that.

 

[birthdaymonkey]

Would it be possible to throw a 5830 into my i5 750 rig (which already has a 560 Ti) and use the 5830 to mine while using the 560 for games? Motherboard is Crossfire capable...

 

[Chiropteran]

Would it be possible to throw a 5830 into my i5 750 rig (which already has a 560 Ti) and use the 5830 to mine while using the 560 for games? Motherboard is Crossfire capable...

Don't the most recent nvidia drivers make your video card explode and kill you if they detect an AMD device in your computer?

 

[YoungGun21]

Would it be possible to throw a 5830 into my i5 750 rig (which already has a 560 Ti) and use the 5830 to mine while using the 560 for games? Motherboard is Crossfire capable...

Should be possible if your PSU can handle it. The miners let you select which device to mine with.

 

[birthdaymonkey]

Don't the most recent nvidia drivers make your video card explode and kill you if they detect an AMD device in your computer?

That's (more or less) what I'm afraid of.

 

[JumBie]

Hey everyone I was just wondering if my leave my computer to mine 24/7 how much money can I realistically make, with first, a gtx 580. And second how much can I make with a 6990? Thanks.

 

[Cuhulainn]

Hey everyone I was just wondering if my leave my computer to mine 24/7 how much money can I realistically make, with first, a gtx 580. And second how much can I make with a 6990? Thanks.

Play around with these:

Mining Hardware Comparison
Mining Profitability Calculator

Neither are perfect, but it will give you an idea.

Without even looking, I can tell you you're way better off with the 6990, but there are other cards that give a better bang for your buck (higher bitcoin payout per unit of energy consumed) than the 6990.

 

[pcm81]

I get 3.3 bitcoins per day with 2x 6990s, so its 1.66 BTC with 1x 6990. Currently 1 BTC is $13. Do the math... GTX590 is about 4 times slower than 6990.

 

[JumBie]

A 6990 can generate about 2300 in 3 months, and a 580 generates 420 bucks, damn well time to sell my 580.

 

[JumBie]

I get 3.3 bitcoins per day with 2x 6990s, so its 1.66 BTC with 1x 6990. Currently 1 BTC is $13. Do the math... GTX590 is about 4 times slower than 6990.

Can you do anything else on the machine while bit mining? Watching HD movies, playing games etc...

 

[Cuhulainn]

A 6990 can generate about 2300 in 3 months, and a 580 generates 420 bucks, damn well time to sell my 580.

Like I said, all this needs to be taken with a grain of salt. The price of bitcoins is based on speculation and little else. The rate varies wildly compared to traditional central bank issued currencies. Additionally, over 3 months there will likely be more difficulty increases which will lower the number of bitcoins any given rig can produce. It's a somewhat risky venture, to say the least. If you can get into it with little capital invested in hardware and have low energy costs, though, that offsets most of the risk.

Good luck!

 

[JumBie]

So i just downloaded the client, and there is apparently a site that gives away free bitcoins: http://freebitcoins.appspot.com/recent_sends mine shows up as confirmed, yet in my bit client software there are no transactions, and 0 bit coins.

Also to start mining, i have to click generate right?

 

[Cuhulainn]

Can you do anything else on the machine while bit mining? Watching HD movies, playing games etc...

The miner will work the GPU at 100%, though perhaps it can be configured to run at lower usage levels? Someone else will have to answer that.

With the 460 I was using to mine, I couldn't run HD video without significant choppyness. I didn't ever try gaming, but I'm sure that is out of the question.

 

[JumBie]

Well im not sure what this program is doing, but my gpu usage is like at 0 percent, so i know the program is not using it. But my internet is slow as hell, I'm not sure exactly whats going on.

 

[Cuhulainn]

So i just downloaded the client, and there is apparently a site that gives away free bitcoins: http://freebitcoins.appspot.com/recent_sends mine shows up as confirmed, yet in my bit client software there are no transactions, and 0 bit coins.

Also to start mining, i have to click generate right?

No, as far as I know the bitcoin client itself still only mines with the CPU, which is worthless.

You'll want to start with a pool - Deepbit, slush's pool, etc.

I mined in slush's pool here.

That page has some step by step to get you started.

 

[hans030390]

Well im not sure what this program is doing, but my gpu usage is like at 0 percent, so i know the program is not using it. But my internet is slow as hell, I'm not sure exactly whats going on.

Yeah, what you want to do is start mining in a pool. I'm currently with deepbit, and it's going well. I prefer it to slush's pool so far.

I'd download the GUIMiner application. Create an account with one of the pools. Use that as your "login" for the miner. Set it to the right server. Pick the right device. Etc.

Flags that you use depend on the type of GPU you have. 5xxx cards work well with "-v -w 128", minus the quotes.

You'll also want to set up a bitcoin wallet so that you can deposit (payout) the bitcoins you earn. Example: https://www.mybitcoin.com/

Make sure you link that with your pool account. Also, you'll need to create a worker in your pool account. This is what you use to login with the mining application.

 

[hawtdawg]

The miner will work the GPU at 100%, though perhaps it can be configured to run at lower usage levels? Someone else will have to answer that.

With the 460 I was using to mine, I couldn't run HD video without significant choppyness. I didn't ever try gaming, but I'm sure that is out of the question.

There are command line options that make the computer more usable, there is still some lag, but videos (1080p even) are watchable with a little bit of stutter. it slows down your hash rate some, like maybe 10-15% (depends on the GPU's im sure). without the command line options, you can still use the computer, but there is noticeable lag.

 

[hawtdawg]

Me and my roommate are about to go crazy on this mining thing. We just ordered 3 amd tri-sli mobos/athlon x2's/1k watt psu's and 9 6950 1 gigs. with a little overclocking, each rig should be good for 1.1 g/hash or so. I think we're just going to dump our profits into more rigs until we start having serious issues powering them. Should be crazy fun! we figure, even if this thing goes bust in a few weeks, we'll have at least broken even, and can still sell the hardware on ebay.

 

[dust]

^^^what's the difference between deepbit and slush's pool?

 

[hawtdawg]

^^^what's the difference between deepbit and slush's pool?

not anything too big, i think slushs pool might take less of a cut (1% less), but then I think deepbit has a specific version of the GPU miner made for it that is more efficient or causes less stale shares or something like that.

I do know that deepbit has been ddos'd recently, which caused downtime for like half of a day.

Honestly I don't think theres enough of a difference to recommend one over the other. I'm currently using deepbit, but thats only because I heard of it first.

 

[dust]

6950 doing 297 Mhash/s, if anyone wants to know. It should actually do a little more than that as per the wiki statistics.

 

[hawtdawg]

6950 doing 297 Mhash/s, if anyone wants to know. It should actually do a little more than that as per the wiki statistics.

have you tried messing with voltages/overclocking? with my 4870m's, to run games stably at 633, i have to up the vcore from 1.1 to 1.15. But, for bitcoin mining, I can actually drop the vcore to 1.05 and maintain the same clock speed. it made a huge difference in temps.