so, what's the relation of mining these currencies and video cards?
like i really have no idea how any of this works
[QUOTE=Zukriuchen;43245032]so, what's the relation of mining these currencies and video cards?
like i really have no idea how any of this works[/QUOTE]
You use your GPU to 'mine' or solve endless queries which in turn gets you coins.
[QUOTE=Zukriuchen;43245032]so, what's the relation of mining these currencies and video cards?
like i really have no idea how any of this works[/QUOTE]
most high end video cards have hundreds or thousands of cores, which is way more effective than a 4 core processor at doing the brute-force computation required to make crypto-currencies
this is also the reason video cards are great for cracking passwords
so basically with a powerful gpu you can do it more often/quickly/something?
and can you actually get a fair amount of coins with mining alone? or is that the only way of getting them? what's the deal with transactions and such?
(i know i can probably google this and i have, but written guides on this are just confusing to me, and the irc chats are just so full)
[QUOTE=Zukriuchen;43245117]so basically with a powerful gpu you can do it more often/quickly/something?
and can you actually get a fair amount of coins with mining alone? or is that the only way of getting them? what's the deal with transactions and such?
(i know i can probably google this and i have, but written guides on this are just confusing to me, and the irc chats are just so full)[/QUOTE]
the way i see it is that your gpu does magical computer formulas and when it solves them you get a fraction of a coin. pretty sure they get increasingly more difficult as more coins are in circulation
[QUOTE=Zukriuchen;43245117]so basically with a powerful gpu you can do it more often/quickly/something?
and can you actually get a fair amount of coins with mining alone? or is that the only way of getting them? what's the deal with transactions and such?
(i know i can probably google this and i have, but written guides on this are just confusing to me, and the irc chats are just so full)[/QUOTE]
Think of mining coins like minting currency in the real world. Mining currency is just minting new coins, which can also be traded.
my question is what on earth are these formulas, are you providing computing power to help aid research like what ps3 did, or are you literally just rubbing increasingly moist sticks together to spark fires to prove you want it bad enough
[QUOTE=dai;43245310]my question is what on earth are these formulas, are you providing computing power to help aid research like what ps3 did, or are you literally just rubbing increasingly moist sticks together to spark fires to prove you want it bad enough[/QUOTE]
The computations are completely worthless to humanity. It's designed to simply take time.
Digging ditches and filling them.
someone explain how i'm supposed to dig when it takes centuries to sync
I don't see the hype in these cyber-currencies. All I see people do is make as much eCoins as possible, and then not spend it on anything because there's no place to spend it that's not on Tor.
Personally, I still prefer dollars and cents.
[QUOTE=dai;43245310]my question is what on earth are these formulas, are you providing computing power to help aid research like what ps3 did, or are you literally just rubbing increasingly moist sticks together to spark fires to prove you want it bad enough[/QUOTE]
Each cryptocurrency has a blockchain, just a database of blocks of meaningless encrypted data. Your processor/GPU just generates randomized blocks, and compares them to the blockchain, if you correctly generate an existing block, the blockchain just makes that block worthless, and adds the respective currency to your wallet. Obviously since blocks are only so long, there is a limited number of blocks, and as more blocks are found, it takes longer to find ones that haven't already been found.
So I'm trying to contribute to the pool here:
[url]https://www.dogepool.net/index.php?page=gettingstarted[/url]
But either the logins are failing or it's just abysmally slow. Can anyone who's using this same pool confirm?
[img]http://i.imgur.com/GtNnzfi.png[/img]
..fuck me
[QUOTE=dai;43245310]my question is what on earth are these formulas, are you providing computing power to help aid research like what ps3 did, or are you literally just rubbing increasingly moist sticks together to spark fires to prove you want it bad enough[/QUOTE]
I think it's basically that there are X number of coins, the coins being strings of data. The equation runs the current number of coins vs two (or more) extremely large prime numbers, and by "mining", you are uncovering a string that fits to part of a puzzle (checked against the algorithm to confirm validity), which, given enough pieces, equals a "coin".
[editline]19th December 2013[/editline]
[QUOTE=NateDude;43245692][img]http://i.imgur.com/GtNnzfi.png[/img]
..fuck me[/QUOTE]
Takes a while to boot up the first time.
Put the .conf file in the %appdata% folder labeled "doge"
Also, use a command line miner instead of doge wallet
[QUOTE=katbug;43245911]
Takes a while to boot up the first time.
Put the .conf file in the %appdata% folder labeled "doge"
Also, use a command line miner instead of doge wallet[/QUOTE]
Alright, but I don't have a .conf file. Does it appear when it's done setting up?
can someone post a tutorial on mining these?
im trying to figure it out but the official forums are filled with the typical meme language, and i cant fucking understand it at all
[QUOTE=Winner;43243099]Doge was pretty funny
Two years ago[/QUOTE]
I don't recall it was a thing two years ago. More like earlier this year.
[QUOTE=NateDude;43245979]Alright, but I don't have a .conf file. Does it appear when it's done setting up?[/QUOTE]
Should be in the zip file for the miner program
[QUOTE=NateDude;43245979]Alright, but I don't have a .conf file. Does it appear when it's done setting up?[/QUOTE]
Basically when you fire up the [url=https://bitcointalk.org/index.php?topic=361813.0]DogeCoin wallet[/url], it makes a .conf file in the DogeCoin wallet folder.
Shut DogeCoin back down and move the file to the %appdata%\Roaming\DogeCoin\ folder.
Incase it doesn't create one, here's the content;
[code]
rpcuser=doge
rpcpassword=wow
rpcport=22555
addnode=67.205.20.10
addnode=146.185.181.114
addnode=95.85.29.144
addnode=78.46.57.132
addnode=188.165.19.28
addnode=162.243.113.110
daemon=1
server=1
[/code]
Then once DogeCoin Wallet's synced, you hit the Dig, and set it up with the solo dig settings;
127.0.0.1 - 22555 - doge - wow
Use the above settings for other applications like CudaMiner, etc.
Much enjoy, big coins, many happies, etc.
[QUOTE=Tools;43246139]Basically when you fire up the DogeCoin wallet, it makes a .conf file in the DogeCoin wallet folder.
Shut DogeCoin back down and move the file to the %appdata%\Roaming\DogeCoin\ folder.
Incase it doesn't create one, here's the content;
[code]
rpcuser=doge
rpcpassword=wow
rpcport=22555
addnode=67.205.20.10
addnode=146.185.181.114
addnode=95.85.29.144
addnode=78.46.57.132
addnode=188.165.19.28
addnode=162.243.113.110
daemon=1
server=1
[/code]
Then once DogeCoin Wallet's synced, you hit the Dig, and set it up with the solo dig settings;
127.0.0.1 - 22555 - doge - wow
Use the above settings for other applications like CudaMiner, etc.
Much enjoy, big coins, many happies.[/QUOTE]
Just for the record, you'll mine far faster if you join a pool, solomining is a perfect way to mine far lower than your potential.
[QUOTE=l337k1ll4;43246223]Just for the record, you'll mine far faster if you join a pool, solomining is a perfect way to mine far lower than your potential.[/QUOTE]
Any recommended pools?
[QUOTE=l337k1ll4;43246223]Just for the record, you'll mine far faster if you join a pool, solomining is a perfect way to mine far lower than your potential.[/QUOTE]
Haven't been able to find a functional one yet tho', feel free to link a few you recommend.
[QUOTE=Boaraes;43246078]I don't recall it was a thing two years ago. More like earlier this year.[/QUOTE]
Earlier this year is when it blew up, but I recall the bad english + comic sans thing being applied to other things at [I]least[/I] a year back.
Pretty much this, but for dogecoin
[media]http://www.youtube.com/watch?v=QKFTZT13LNE[/media]
Mining this currency.
It's meme related so it's bound to take off even further.
fast-pool.com has been working fine for me since i've started mining, give it a shot.
Shit, I can't overnight mine. I'll have to start first thing in the morning...
fuckit, I'm buying a gigahash rig
500 khash/s on my 7950 at about 90%
[editline]20th December 2013[/editline]
I'm gon b rich.
[QUOTE=DraX;43246435]fast-pool.com has been working fine for me since i've started mining, give it a shot.[/QUOTE]
Am I a complete retard or does the fastest on there output 373,517 khash/s, or 373 Mhash/s?
Because then jesus christ dogecoin's aleady a dead run.
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