At least give credit to where you stole the original post from. I know your school probably says Wikipedia isn't a source, but you can't just present the first paragraph on the bitcoin wikipedia article and pass it off as if you wrote it.
Just a tip.
A banner will go a long way in a thread, for future reference.
Also you should probably get your OP 100% done [i]before[/i] you post it.
Wow wiki copy pasta really?
[editline]10th June 2011[/editline]
:ninja:
[QUOTE=shatteredwindow;30373517]Wow wiki copy pasta really?
[editline]10th June 2011[/editline]
:ninja:[/QUOTE]
again it was to get the shit out of the CIPWTTKT thread so we can get back to GD instead of bitcoin discussion
[QUOTE=wlzshroom;30373546]again it was to get the shit out of the CIPWTTKT thread so we can get back to GD instead of bitcoin discussion[/QUOTE]
By that logic General Discussion should never exist and we should make a thread about EVERYTHING.
Installing Windows 7 on an old machine and installing drivers for the 8400GS.
Going to have a go, see if that shit can mine at all.
[QUOTE=Squad;30373651]By that logic [b]General Discussion should never exist[/b] and we should make a thread about EVERYTHING.[/QUOTE]
I agree.
Wow, so goddamn fast...
[img]http://images.matt-russell.com/ZScreen/SS_11-06-2011_05.24.17.AM.png[/img]
Thanks GTX 470!
Wait, so this is GD now?
this is a model thread.
i dream of the day when every thread is this informative !!
[editline]10th June 2011[/editline]
also the value of these fucking coins is not even worth the power you are consuming to generate them but i guess your parents pay for that since u live in a basement !!
How do I use it?
I mean, What is the difference in solo-mining and just mining?
fyi op is a person who gets paid (in bitcoins lol) to advertise bitcoins
[img]http://puu.sh/2wGL[/img]
top = gpu (gtx 460)
bottom = CPU (i5 2500k)
also have another machine running it and getting 80 MHash from that one.
You should lower your Mem clockspeed to minimum when you do this - it saves energy, heat, and gives you more room to OC the clockspeeds which actually matter.
[editline]10th June 2011[/editline]
[QUOTE=SigmaLambda;30374134]fyi op is a person who gets paid (in bitcoins lol) to advertise bitcoins[/QUOTE]
it doesn't work that way
[editline]10th June 2011[/editline]
man i wish I started this, op sucks
not only did you post that in the wrong thread, shadaez, but you rated me dumb for posting off-topic when i was actually on-topic
[editline]10th June 2011[/editline]
or something, i don't even know what you're doing now
[QUOTE=SigmaLambda;30374158]not only did you post that in the wrong thread, shadaez, but you rated me dumb for posting off-topic when i was actually on-topic
[editline]10th June 2011[/editline]
or something, i don't even know what you're doing now[/QUOTE]
If you are referring to him rating you dumb in this thread, it is because you said something dumb... Not for being off-topic.
Also, Shadaez go work on a thread and put one together and just post it. If it's good it will kill this one off.
[QUOTE=tratzzz;30374131]How do I use it?
I mean, What is the difference in solo-mining and just mining?[/QUOTE]
In solo-mining you get 50 coin per decade if you have like best GPU, in pool everyone gets equal % for every solved block
First thing you want to do is join a pool, I use [url]www.BTCGuild.com[/url] , register there and make a new worker for each device you want to mine on.
Pools are better because everyone works together and shares profit evenly, opposed to solo mining which you'd get 50BTC all at once in a years worth of mining.
Get GUIMiner [url]http://forum.bitcoin.org/?topic=3878.0[/url] - it's not always the best miner for all hardware, but it's easy and works well on a lot of hardware.
To set up GUIMiner: choose your server from the dropdown list, and the username / password are the workernames (at least on BTC guild) that you made.
You may want to check [url]https://en.bitcoin.it/wiki/Mining_hardware_comparison[/url] to see about what your hardware should be making.
If we get 2x more miners then bitcoin's value will multiply by 2
The actual bitcoin client from bitcoin.org can only CPU mine, horribly, and should only be used as a wallet manager, wallets are a file on your PC. If you lose it, you will lose all coins earned that were transferred to it. Because of this, I leave my BTC on the pool until I want to use them. You can backup your wallet to Dropbox, and I would suggest doing so. Note that if someone get ahold of your wallet, they can steal your money. If you have a large amount of BTC, consider encrypting it.
If you want to know the price in USD per coin, use [url]http://bitcoincharts.com/markets/[/url]
[editline]10th June 2011[/editline]
[QUOTE=Wnd;30374249]If we get 2x more miners then bitcoin's value will multiply by 2[/QUOTE]
if the market says so
[QUOTE=Wnd;30374249]If we get 2x more miners then bitcoin's value will multiply by 2[/QUOTE]
but it will also become twice as difficult to get bitcoins
I read you can buy bitcoins from one place that sells them cheap and sell them back to another place that buys them high
how feasible is this, seems like a better way to profit than piddling away weeks on this mining shit
but (basically stealing this from assorted somethingawful comments) the value of a bitcoin will disappear when the limit is reached and everyone sells theirs off because they have nothing to spend them on because no serious online retailer will ever accept them as payment and so the bitcoin market crashes
[QUOTE=Zeke129;30374319]I read you can buy bitcoins from one place that sells them cheap and sell them back to another place that buys them high
how feasible is this, seems like a better way to profit than piddling away weeks on this mining shit[/QUOTE]
it could be feasible when buying from people who just want to convert their 1 bitcoin into money and are offering 1-20 bucks for it and selling them for the market (which iirc is 22 at the moment)
[QUOTE=SigmaLambda;30374322]but (basically stealing this from assorted somethingawful comments) the value of a bitcoin will disappear when the limit is reached and everyone sells theirs off because they have nothing to spend them on because no serious online retailer will ever accept them as payment and so the bitcoin market crashes[/QUOTE]
Well as long as niche markets accept them as currency they will retain a monetary value amongst people who participate in that niche market
Funny that I just started reading about this a few days ago and now all sorts of threads are popping up
snip
[QUOTE=SigmaLambda;30374322]but (basically stealing this from assorted somethingawful comments) the value of a bitcoin will disappear when the limit is reached and everyone sells theirs off because they have nothing to spend them on because no serious online retailer will ever accept them as payment and so the bitcoin market crashes[/QUOTE]
Use it for quick money and get out quick. It is in no way a long term investment.
[QUOTE=Zeke129;30374319]I read you can buy bitcoins from one place that sells them cheap and sell them back to another place that buys them high
how feasible is this, seems like a better way to profit than piddling away weeks on this mining shit[/QUOTE]
its not worth getting in this late though, the bubble burst not too long ago
[QUOTE=SigmaLambda;30374322]but (basically stealing this from assorted somethingawful comments) the value of a bitcoin will disappear when the limit is reached and everyone sells theirs off because they have nothing to spend them on because no serious online retailer will ever accept them as payment and so the bitcoin market crashes[/QUOTE]
the limit will be reached in 2050 i believe, so yeah. It also won't just crash, why would it do that?
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