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Cryptocoin Mining?

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Batmeat said:
I'm on my iPhone so searching this thread is pretty tough. I got my miner going but can't seem to figure out how I sync my bit coin wallet to the pool I joined so I can get paid (eventually)

Little help?
Click to expand...

The wallet should sync on its own once you launch the application.
 
Batmeat said:
I'm on my iPhone so searching this thread is pretty tough. I got my miner going but can't seem to figure out how I sync my bit coin wallet to the pool I joined so I can get paid (eventually)

Little help?
Click to expand...

You have to copy the "receive coins" address from the bitcoin application and put it into your "pay to" address for your pool.
 
pm said:
Yeah, I agree. I didn't mean to. I thought 250+250+80 would be less than 620. I guess that's why Seasonic has a good reputation for power supplies - you can exceed the spec by >10% load and it still keeps working... From here on out, I plan on underclocking the cards so I should be ok.
Click to expand...
Quite a few non-Seasonic (IINM) PSUs can also exceed their max rating reliably.
I think HardwareSecrets has a bunch of detailed PSU reviews in which they test this.

On that note, is it my imagination of has JonnyGuru slowed down recently?
 
Plimogz said:
I for one think it is absurd the way BTC has gone up of late. There must be good(-ish) reasons for it doing so, namely speculation by folks with too much disposable money to know what to do with for the high risk portion of their portfolio, and, maybe, criminals of one kind or another. (And when I say criminal, I mean anyone who commits any kind of action prohibited by the letter of law -- so lots of folks, since downloading stuff became easier, cheaper, faster and arguably harmless).

But still, wtf. No matter how useful bitcoin can be for money laundering or buying drugs, nothing as far as I can see justifies this ridiculous rise in value.

Ludicrous.
Click to expand...
Let's say just 1% of the world's population sees the value in bitcoin as an alternative currency. Let's say that they each want the ability to store the equivalent of $1000 USD. That means:

.01*7E9*1000 = the amount of value the currency needs to be able to store = $70 billion

Let's do a reality check. If we look at the world's reserve currency, the USD, what's the size of the monetary supply? I think we'd want to look at M2, which is at around $10 trillion. So, Bitcoin would be sitting at less than 1% of that. That doesn't sound too insane.

So, to hold $70 billion in value across 11 million coins, each coin must be $6,363 in value. Look to the future of bitcoin and its 21 million coin limit and we're down to $3,333.

That means that if you believe in a future where Bitcoin has any importance at all, it's gotta go up quite a bit yet.
 
What are Name Coins going for now a days? i have 10 of them atm... Wondering what to do with them XD

I sell my Bitcoins on Ebay been getting 180$ each 😉
 
The problem with selling on ebay is the buyer can claim fraud and paypal will take their side, since you sent nothing physical there is no "proof".
 
Minjin said:
Let's say just 1% of the world's population sees the value in bitcoin as an alternative currency. Let's say that they each want the ability to store the equivalent of $1000 USD. That means:

.01*7E9*1000 = the amount of value the currency needs to be able to store = $70 billion

Let's do a reality check. If we look at the world's reserve currency, the USD, what's the size of the monetary supply? I think we'd want to look at M2, which is at around $10 trillion. So, Bitcoin would be sitting at less than 1% of that. That doesn't sound too insane.

So, to hold $70 billion in value across 11 million coins, each coin must be $6,363 in value. Look to the future of bitcoin and its 21 million coin limit and we're down to $3,333.

That means that if you believe in a future where Bitcoin has any importance at all, it's gotta go up quite a bit yet.
Click to expand...

Bolded the important part.
 
You have to take screenies of everything and only accept bids from people with good feedback.

Also helps to sell the coins at 20% a time.
 
I have been mining bitcoins recently on a 7870xt and have just switched to litecoin mining, for some reason, I can't get anything over approx 320 kh/s, which seems to be low especially with a light OC (1075/1600), my settings are below: (guiminer -alpha)
AmvxJcF

Is there anything that I could change to get it running a little higher?
 
Mir96TA said:
Right here ? Just like that ?
and where I can look up the prices for it ?
BTW I have never sold the Codes before 😀
Click to expand...

You probably won't be able to sell them on AT. One of the forum rules prevents selling game codes that the manufacturer says are not for resale. Ebay would probably be your best bet.
 
Reading this thread makes me sad, electricity prices here are rediculous..

Cant believe coins are now $200.. it wasnt long ago i read this thread and it was at $9 a coin.. holy crap.
 
insertcarehere said:
I have been mining bitcoins recently on a 7870xt and have just switched to litecoin mining, for some reason, I can't get anything over approx 320 kh/s, which seems to be low especially with a light OC (1075/1600), my settings are below: (guiminer -alpha)
AmvxJcF

Is there anything that I could change to get it running a little higher?
Click to expand...
Try reducing core clock to 850 MHz. I have a 7870 Myst running at 850/1500 that gets about 410 khash/s. Initially with higher clock speeds, it had trouble breaking 300 khash/s.
 
To all the BTC haters I am proud to announce that I have paid off my two 7970 and two 7950 cards that I bought at the beginning of Oct 2011. This was with the strategy of selling BTC pretty much as soon as I got them.

Now they are making me money outright on LTC/PPC and will help pay off the 4 new 7970's I added to my mini-fleet last night.
 
New 7970...stable overclock seems to be about 1150mhz/1.17v/73C. This gets me about 670mhash. Does that look about right? This is in a dual GPU box with a 7950 right below it pumping out heat. I tried 1200mhz/1.2v for kicks, and the driver stopped immediately.

I'm still more impressed with my 7950 than the 7970. My MSI 7950 can do a solid 1070mhz with 1.0v and it rarely breaks 70C in the bottom slot. Obviously, the bottom slot has a huge temp advantage.
 
Binky said:
New 7970...stable overclock seems to be about 1150mhz/1.17v/73C. This gets me about 670mhash. Does that look about right? This is in a dual GPU box with a 7950 right below it pumping out heat. I tried 1200mhz/1.2v for kicks, and the driver stopped immediately.

I'm still more impressed with my 7950 than the 7970. My MSI 7950 can do a solid 1070mhz with 1.0v and it rarely breaks 70C in the bottom slot. Obviously, the bottom slot has a huge temp advantage.
Click to expand...

Sounds about right. With my 7970's at 1000mhz on the core I get ~600mh. Depending on what you pay for electricity it might be more profitable to bump down the core clock so you can run a lower core voltage. Also, stability is a huge factor. Since a mining rig needs to run 24/7, you don't want it to go down when you are away. Less aggressive overclocks sometimes helps with stability.
 
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