Anyone Mine BitCoins/LiteCoins/etc?

Discussion in 'Off-Topic' started by JacksonML, Aug 3, 2013.

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Do you mine LiteCoins/BitCoins/etc. ?

  1. I mine LiteCoins

    12.5%
  2. I mine BitCoins

    33.3%
  3. I mine both LiteCoins and BitCoins

    8.3%
  4. Whats a LiteCoin or a BitCoin?

    45.8%
  1. JacksonML

    JacksonML Builder
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    Does anyone on ECC mine bitcoins, litecoins, feathercoins, or any of the sort? I personally mine litecoins with my spare CPU time. When I'm mining on the iMac 2.7GHz i5 and the pentium dual core 1.8GHz(playing computer), I get about 30KH/s max. I don't GPU mine, because Nvidia isn't known to be very well to mine coins, and I can't figure it out on mac yet, and I have such an outdated graphics card on my pc (ATI Radeon HD 2xxx Pro) that mining software doesn't detect the GPU. Plus I'm running a 1080p monitor and that's the max setting. Also... it doesn't have a fan, like at all, and is crammed inbetween a bunch of other circuits. That makes it so, when idling it sits at about 50 degrees Celcius. When playing something like TF2, Counter Strike Source, Garry's Mod, etc. it idles at about 85 degrees celcius :confused:. That I believe is to be the warning temperature for GPUs. Anyways, not worrying about my GPU life left, does anyone else mine these coins? Vote in the poll and then comment about them and the prices below!
     
  2. Zeno78

    Zeno78 Builder
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    Mining for bitcoins is difficult for CPU's and GPU's now because it has become so complex.. They now have purpose built miners for the job and even those are loosing their profitability. ASIC miners are the way to go but finding one is next to impossible.
     
  3. JacksonML

    JacksonML Builder
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    This website sells ASIC miners. That's why I don't mine bitcoins. I'm gonna start mining feathercoins because what I've heard is they're easier (level 150 difficulty I believe), and my pc has a low end processor. However I spent about 4 hours looking for feathercoin mining on the mac, and I haven't found any solutions. However, feathercoins are still fairly new.
     
  4. Zeno78

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    GPU mining for PC will always be superior to CPU mining. ATI/AMD has the best hardware for that. 7950 cards are the best bang for the buck.
     
    #4 Zeno78, Aug 3, 2013
    Last edited: Aug 3, 2013
  5. Zeno78

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  6. MrBubblez98

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    And I thought I knew quite a bit about PCs... this is gibberish to me :p
     
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  7. JamieSinn

    JamieSinn Retired Lead Administrator/Developer
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    I have 2 really old servers (WS2003) that mine for me, but i do have to turn them off at night, the fans are too goddamn loud
     
  8. MrBubblez98

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    Can someone explain to me just wtf this is? :/
     
  9. Zeno78

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    https://en.bitcoin.it/wiki/Mining

    Mining, or generating, is the process of adding transaction records to Bitcoin's public ledger of past transactions. This ledger of past transactions is called the block chain as it is a chain of blocks. The block chain serves to confirm transactions to the rest of the network as having taken place. Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to respend coins that have already been spent elsewhere.
    Mining is intentionally designed to be resource-intensive and difficult so that the number of blocks found each day by miners remains steady. Individual blocks must contain a proof of work to be considered valid. This proof of work is verified by other Bitcoin nodes each time they receive a block.

    Hardware
    [​IMG]
    [​IMG]
    FPGA Module
    Users have used various types of hardware over time to mine blocks. Hardware specifications and performance statistics are detailed on the Mining Hardware Comparison page.

    CPU Mining

    Early Bitcoin client versions allowed users to use their CPUs to mine. The advent of GPU mining made CPU mining financially unwise. The option was therefore removed from the Bitcoin client.

    GPU Mining

    GPU Mining is drastically faster and more efficient than CPU mining. See the main article: Why a GPU mines faster than a CPU. A variety of popular mining rigs have been documented.

    FPGA Mining

    FPGA mining is a very efficient and fast way to mine, comparable to GPU mining and drastically outperforming CPU mining. FPGAs typically consume very small amounts of power with relatively high hash ratings, making them more viable and efficient than GPU mining. See Mining Hardware Comparison for FPGA hardware specifications and statistics.

    ASIC Mining

    An application-specific integrated circuit, or ASIC, is a microchip designed and manufactured for a very specific purpose. ASICs designed for Bitcoin mining were first released in 2013 and (at the time of this writing) are in the hands of a very limited number of miners. For the amount of power they consume, they are vastly faster than all previous technologies and already has made GPU mining financially unwise in some countries and setups.
     
  10. MrBubblez98

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    I'm still confused... It sounds like you're finding stuff for Bitcoins, which is a currency... Am I close? :p
     
  11. BlokHead216

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  12. Zeno78

    Zeno78 Builder
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    yes it is a crypto currency
     
  13. TdoggTL

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    V
    ?
     
  14. Zeno78

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    I've started mining Feathercoins using cudaminer (not as good as AMD/ATI GPU miner) but more efficent for nVidia based cards.

    This is the pool i'm using:
    https://ftc.d2.cc/index.php

    and if you want to donate to me see below!

    Most Efficent GPU miner is 7950 based hardware approx 600 KH/s compared to my GTX 580 that's 230-250 KH/s

    here is a calculator http://www.feathercoin.com/calc/ to see if you will make any money.

    FTC:6rNfXDjVL5ByK1a6p5L3QB6wMHEZ3u6Qkn
     
    #14 Zeno78, Aug 16, 2013
    Last edited: Aug 16, 2013
  15. Hlazler_55

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    WHAT ARE YOU GUYS TALKING ABOUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!????????????????????:mad:
     
    #15 Hlazler_55, Aug 16, 2013
    Last edited: Aug 16, 2013
  16. Zeno78

    Zeno78 Builder
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    This months MaximumPC mag has an article about BitCoins.. If you want to learn more read it or use google.
     
  17. Falconaire

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    o_O, so all I got from this was that I don't know as much as I thought I knew about computers.
     
  18. Nelsin

    Nelsin Builder
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    Yes I do, I have ordered a ASIC
     
  19. Starleana

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    You forgot doge coins. :|
     
  20. Nelsin

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    ASIC > GPU > CPU
     
    #20 Nelsin, Feb 16, 2014
    Last edited: Feb 16, 2014