bit-tech.net

Go Back   bit-tech.net Forums > Technology > Software

Reply
 
Thread Tools
Old 14th Jan 2013, 22:47   #1
atc95
Need help with scratchbuild!
 
atc95's Avatar
 
Join Date: Dec 2012
Location: Berkshire
Posts: 937
atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.
Bitcoin mining?

I have heard about this thing called bitcoin mining and how you can make money from it, I was sceptical at first but have downloaded and was wondering if anyone had a getting started guide as the various websites I have looked at are very confusing.

P.s. There is probably a bitcoin thread already so sorry for the repeat but a quick forum search revealed nothing.
__________________
[SIZE="2"][CENTER]i5 3550 //Asus P8Z77-VLX2 //Gigabyte windforce 7950 // 2x4gb C. Vengeance and 2x4gb Samsung Greens // samsung 256gb 830 // 750gb scorpio black // Corsair Carbide 300R // enermax ets t40 tb //Corsair CX 750W // Dell u2412m[SIZE="2"][CENTER]
atc95 is offline   Reply With Quote
Old 14th Jan 2013, 22:49   #2
steveo_mcg
I Mod, Therefore I Own
 
Join Date: May 2005
Location: Edinburgh
Posts: 5,842
steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.steveo_mcg is the Cheesecake. Relix smiles down upon them.
I read some interesting articles on it a while back, it seems you have be running a supercomputer to get any actual currency and the way the exchange rate went at one point most of the wealth sits with the early adopters. Not worth the effort imo.
__________________
ook
steveo_mcg is offline   Reply With Quote
Old 14th Jan 2013, 22:51   #3
atc95
Need help with scratchbuild!
 
atc95's Avatar
 
Join Date: Dec 2012
Location: Berkshire
Posts: 937
atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.
Thought that would be the case, I will stick with folding then .
__________________
[SIZE="2"][CENTER]i5 3550 //Asus P8Z77-VLX2 //Gigabyte windforce 7950 // 2x4gb C. Vengeance and 2x4gb Samsung Greens // samsung 256gb 830 // 750gb scorpio black // Corsair Carbide 300R // enermax ets t40 tb //Corsair CX 750W // Dell u2412m[SIZE="2"][CENTER]
atc95 is offline   Reply With Quote
Old 15th Jan 2013, 00:49   #4
GoodBytes
How many wifi's does it have?
 
GoodBytes's Avatar
 
Join Date: Jan 2007
Location: Montreal, Canada
Posts: 12,122
GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.GoodBytes is the Cheesecake. Relix smiles down upon them.
From what I understand, the amount of money that you get, is less than the value of your computer... so unless you already have a super computer or a crazy out of this world PC/server that you need in any case for other stuff, it's simply not worth it, you'll be loosing money.
__________________
Nv GPU Pro - Automate your graphic card overclock base on what you run, reduce power and noise. Designed for Laptops and Desktops. Filled with features.

Core i7 930 2.8GHz | G.Skill Pi 6GB 1600MHz 7-5-7-24 1.5V | Gigabyte GA-X58A-UD5 | GeForce GTX 260 | W.D Caviar Black 1TB | Corsair AX750 | Noctua NH-U12P | Xonar Essence STX | Win8 Pro 64-bit | Dell U2410 - 1920x1200 | OCZ Vertex 4 250GB
GoodBytes is offline   Reply With Quote
Old 15th Jan 2013, 01:52   #5
ferret141
Ultramodder
 
ferret141's Avatar
 
Join Date: Oct 2010
Location: Behind J00 sumware, London
Posts: 1,046
ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.ferret141 is definitely a rep cheat.
Compare the real world value of bit coins computed in an hour vs the electricity cost for running your PC for an hour.
__________________
i5 2500K | Thermaltake Frio | 2x4GB Corsair Vengeance LP | ASUS P8P67 Pro | EVGA GTX680 2GB SC Signature 2 | Corsair AX1200 | 256GB OCZ Vertex 4 | 1.5TB Samsung F3 | 2TB WD Caviar Black | 3TB WD Red | SONY-NEC BD-5300S BD-RE | Silverstone Raven 2 Evolution (RV02E-BW USB3.0) | ASUS VG278H 3Dv2 | Win7 Ult. 64bit | Creative X-Fi Fatal1ty Platinum Champion Series | Speakers:Logitech G51 | Headset:Beyerdynamics DT770 Pro + ModMic 3.0 | Keyboard:Logitech G15 | Mouse:Logitech G9x
Plusnet | Loadout
ferret141 is offline   Reply With Quote
Old 15th Jan 2013, 12:53   #6
bawjaws
Hypermodder
 
Join Date: Dec 2010
Posts: 674
bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.bawjaws is definitely a rep cheat.
It's basically a pyramid scheme, isn't it? As units get progressively harder to generate, the "wealth" is concentrated with the early adopters, and those getting on board later on will struggle to ever generate sufficient units to cover the cost of generation. I was a little surprised that the article in this month's Custom PC didn't pick up on this aspect...
bawjaws is offline   Reply With Quote
Old 15th Jan 2013, 12:57   #7
GeorgeStorm
Aggressive PC Builder
 
GeorgeStorm's Avatar
 
Join Date: Dec 2008
Posts: 5,164
GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.GeorgeStorm is definitely a rep cheat.
It's no longer financially sensible as far as I'm aware (especially to start now).
__________________
"Anyone who just plays games for fun is a n3rd" - Jörge "I should be in prison for what I'm thinking right now" - Will
My Parvum Systems build log - My flickr - My blog it'sfilmnotmovie - hwbot
GeorgeStorm is offline   Reply With Quote
Old 15th Jan 2013, 13:14   #8
Blazza181
SVM PLACENTA CASEI
 
Blazza181's Avatar
 
Join Date: Apr 2011
Location: Surrey. Yep.
Posts: 3,429
Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.
Its true. I tried to run a pool in my school, as at first it seems like a genuinely good scheme. However, by now, its so difficult to actually get a block of bitcoins. They do have value, but they can be lost by file corruption. And they're horribly prone to falling in value. I think they lost about 90% of their value once due to someone flooding the market with them on offer.
__________________
"with £150m.. you could buy a real Pop Tart.. maybe one from the Saturdays" - Blarte
"That's nothing, I shave my pubes for fun " - Panomama
"Suddenly I really wish moose sex was legal. " - Kidmod-Southpaw
Blazza181 is offline   Reply With Quote
Old 15th Jan 2013, 13:53   #9
SilveR_172
Supermodder
 
Join Date: Nov 2011
Posts: 463
SilveR_172 has yet to learn the way of the DremelSilveR_172 has yet to learn the way of the Dremel
I did it for about a month got a little bit of money but nothing worth doing it again for and think i might have killed my 5850 doing it =(
SilveR_172 is offline   Reply With Quote
Old 15th Jan 2013, 20:59   #10
atc95
Need help with scratchbuild!
 
atc95's Avatar
 
Join Date: Dec 2012
Location: Berkshire
Posts: 937
atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.atc95 is definitely a rep cheat.
So good idea in theory but really not worth it then is the general opinion?
__________________
[SIZE="2"][CENTER]i5 3550 //Asus P8Z77-VLX2 //Gigabyte windforce 7950 // 2x4gb C. Vengeance and 2x4gb Samsung Greens // samsung 256gb 830 // 750gb scorpio black // Corsair Carbide 300R // enermax ets t40 tb //Corsair CX 750W // Dell u2412m[SIZE="2"][CENTER]
atc95 is offline   Reply With Quote
Old 16th Jan 2013, 07:18   #11
Blazza181
SVM PLACENTA CASEI
 
Blazza181's Avatar
 
Join Date: Apr 2011
Location: Surrey. Yep.
Posts: 3,429
Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.
Quote:
Originally Posted by atc95 View Post
So good idea in theory but really not worth it then is the general opinion?
Quite simply, yes.
__________________
"with £150m.. you could buy a real Pop Tart.. maybe one from the Saturdays" - Blarte
"That's nothing, I shave my pubes for fun " - Panomama
"Suddenly I really wish moose sex was legal. " - Kidmod-Southpaw
Blazza181 is offline   Reply With Quote
Old 16th Jan 2013, 10:23   #12
Shirty
"It's old Shirty!"
 
Shirty's Avatar
 
Join Date: Apr 2010
Location: Saaf Inglund
Posts: 9,272
Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.Shirty is definitely a rep cheat.
Yeah get a paper round or something instead.
__________________
My modest web browsing rig: 2 x Xeon E5-2699 v3 | 256GB RAM | 4TB Nytro WarpDrive BFH8-3200 | Quad SLI 12GB QUADRO K6000s | Windows 95
Shirty is offline   Reply With Quote
Old 16th Jan 2013, 11:55   #13
Showerhead
Ultramodder
 
Showerhead's Avatar
 
Join Date: Jan 2010
Location: Aberdeen, Scotland
Posts: 1,110
Showerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run CrysisShowerhead can run Crysis
Quote:
Originally Posted by atc95 View Post
So good idea in theory but really not worth it then is the general opinion?
Arguable whether it was ever good in theory.
Showerhead is offline   Reply With Quote
Old 16th Jan 2013, 12:50   #14
Blazza181
SVM PLACENTA CASEI
 
Blazza181's Avatar
 
Join Date: Apr 2011
Location: Surrey. Yep.
Posts: 3,429
Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.Blazza181 is definitely a rep cheat.
Quote:
Originally Posted by Showerhead View Post
Arguable whether it was ever good in theory.
It certainly was for the guys and girls who got on the act before bitcoins were worth anything, and quite quickly became rich.
__________________
"with £150m.. you could buy a real Pop Tart.. maybe one from the Saturdays" - Blarte
"That's nothing, I shave my pubes for fun " - Panomama
"Suddenly I really wish moose sex was legal. " - Kidmod-Southpaw
Blazza181 is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT +1. The time now is 04:42.
Powered by: vBulletin Version 3
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.