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Thread: mining Bitcoins Anyone?

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    Lightbulb mining Bitcoins Anyone?

    Are you guys Mining Bitcoins?
    what configuration are you guys using?
    how is the income coming?

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    Quote Originally Posted by Sma$hY™ View Post
    Are you guys Mining Bitcoins?
    what configuration are you guys using?
    how is the income coming?
    Mining bitcoins with regular GPUs do not work anymore. Investing on Scrypt based coins.

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    Quote Originally Posted by areek View Post
    Mining bitcoins with regular GPUs do not work anymore. Investing on Scrypt based coins.
    Bhaya, can u plzz walk me through this bitcoin thingy?
    Do u need a faster internet connection?

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    Quote Originally Posted by Sma$hY™ View Post
    Bhaya, can u plzz walk me through this bitcoin thingy?
    Do u need a faster internet connection?
    It needs 4 things-
    1. A very fast GPU with as low as possible power draw(7950 is the best bang for buck)
    2. An internet connection(fast/slow doesnt matter)
    3. Run ur pc for longer periods without doing any GPU intensive work. (the hardest part imo)
    4. Luck & a lots of it.

    Bitcoin mining with the gpu is futile because the difficulty is so high that it would take a few years to mine 1 bitcoin with gpus, which is a loss project. & this happened because of the implimentation of ASIC devices, that are specifically designed to mine bitcoins almost thousand times faster than the gpus.

    On the other hand, some cryptocurrencies like Lottocoin, Dogecoin etc are based on Scrypt, which does not support ASIC (yet). So mining them with GPUs are good options but requires a lot of time & patience.

    For a proper understanding, go through the post created about cryptocurrencies, I followed that & am now mining.
    Last edited by areek; January 9th, 2014 at 15:06.

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    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?

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    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    Did the price of 280x and the latter ones increase only?

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    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    This might help=
    http://www.extremetech.com/computing...bitcoin-mining

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    bitcoin er difficulty already million saray crore hoye gese... koyek masher moddhe billion hoye jabe . better mine ltc or other scrypt base coin.



    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    https://litecoin.info/Mining_hardware_comparison ekhane dekhen nv ar amd card er hashrate er difference.

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    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    I guess they hav more computing power then the Nvidia's... Nvidia is good at gaming but suck at computing..
    Why so Serious!

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    Quote Originally Posted by Franklin View Post
    Did the price of 280x and the latter ones increase only?
    Yes. The price of GTX 770 and 780 is unchanged. But 280x was launched at $300 but then suddenly they all went out of stock during November and came back at $400 price.

    - - - Updated - - -

    Quote Originally Posted by areek View Post
    alright got the answer. No wonder Radeon 280x sold out.

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    Quote Originally Posted by [email protected] View Post
    Yes. The price of GTX 770 and 780 is unchanged. But 280x was launched at $300 but then suddenly they all went out of stock during November and came back at $400 price.

    - - - Updated - - -



    alright got the answer. No wonder Radeon 280x sold out.
    Has the price of amd 270x increased? Just curious as I read in another thread that the international price of amd r9 cards have increased.

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    Quote Originally Posted by Franklin View Post
    Has the price of amd 270x increased? Just curious as I read in another thread that the international price of amd r9 cards have increased.
    yes their price also increased and most are not in stock. It is like their price increased by $20 or $30 and you cant find the popular brands like MSI or Gigabyte at $200 price range. They cost $220 to $250 now, which is too much. But the price jump was highest for 280x. Straight 100 dollars. lol.

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    Quote Originally Posted by Franklin View Post
    Has the price of amd 270x increased? Just curious as I read in another thread that the international price of amd r9 cards have increased.
    20$ barse... 280x er daaam 90$ barse 1month agei... ar 270x er daam barse ei week e

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    Bitcoin theka gese gia GPU PRICING a....
    Thread Jackers EVERY-§§§§§§§*-WHERE >

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    they are related. may i know what do u want to use to mine coins? your harddisk and optical drive?

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    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    Bitcoin minings are SHA256 hashing basically, and totally integer operation. Radeon cards does their core computing with integer pipelines, where Nvidia and intel does floating point pipelines. Thus, Bitcoing mining is more power efficient in radeon cards. Actually, in other parrallel computing, like Computational fluid dynamics or others, which require floating point based operations, Radeon cards and AMD Bulldozer are useless compared to Nvidia and Intel.

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    @areek , can u please tell, how much one can earn with a 7950HD daily ?? i know it is very unstable . but a rough assumption ?

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    Bitcoin mining using desktop cards is pretty much pointless now. You'll never have margin-able revenue. Alternative coins (Alt coins) is much more profitable and at the end of the day you can always dump em for Bitcoins on exchange sites. Google the process, Doge Coins, Cat Coins, Litecoins should get you started, then research on what is most profitable on the current day and start mining. Tip: GUIminer is bullshit, use CGMiner, a little pain-in-the-§§§ to setup but it'll reward you with it's hashrates and practicality.

    Mining at 720KH/s on a HD7970/280X with around $10 profit per day here.
    Quote Originally Posted by [email protected] View Post
    Can anyone explain to me why Radeon cards are more popular than Nvidia cards for mining (the reason for price increase of 280x cards)?
    A 280X can mine about 740 Kilohashes/second on scyrpt based mining, while A GTX 780 barely gets to 350 KH/s, due to higher computational power on the Radeon architecture versus Kepler. That should paint a clear picture.

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    use this to calculate the mining profit-
    http://www.coinwarz.com/calculators/

    if we take dogecoin for example & avg. 700khash/sec. 24/7 with 500w consumption then around 6$ daily atm after power cost deduction i guess.

    - - - Updated - - -

    Quote Originally Posted by Rakin7 View Post
    Bitcoin mining using desktop cards is pretty much pointless now. You'll never have margin-able revenue. Alternative coins (Alt coins) is much more profitable and at the end of the day you can always dump em for Bitcoins on exchange sites. Google the process, Doge Coins, Cat Coins, Litecoins should get you started, then research on what is most profitable on the current day and start mining. Tip: GUIminer is bullshit, use CGMiner, a little pain-in-the-§§§ to setup but it'll reward you with it's hashrates and practicality.

    Mining at 720KH/s on a HD7970/280X with around $10 profit per day here.


    A 280X can mine about 740 Kilohashes/second on scyrpt based mining, while A GTX 780 barely gets to 350 KH/s, due to higher computational power on the Radeon architecture versus Kepler. That should paint a clear picture.
    Rakin, any idea which is the stablest coin out there with good profit?

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    Quote Originally Posted by areek View Post
    use this to calculate the mining profit-
    http://www.coinwarz.com/calculators/

    if we take dogecoin for example & avg. 700khash/sec. 24/7 with 500w consumption then around 6$ daily atm after power cost deduction i guess.

    - - - Updated - - -


    Rakin, any idea which is the stablest coin out there with good profit?
    No such thing for Alt Coins, just hop to whichever coin is the most profitable.

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