Bitcoin mining

vvhiteknight · 28 Apr 2013 at 06:35

[FnG]magnolia;24192602 said:
You are most welcome.

I'm not sure which bit of my statement you're challenging.

The bit between The and criminals.

currantloaf · 28 Apr 2013 at 07:18

It this at all possible on laptop GPU's ? i understand it will be considerably less hashing then desktop but im at uni/not paying electricity for the next two months

vvhiteknight · 28 Apr 2013 at 07:36

birdysaver said:
It this at all possible on laptop GPU's ? i understand it will be considerably less hashing then desktop but im at uni/not paying electricity for the next two months

I would not advise it as you will ruin your laptop. Mining is very intensive and your laptop will overheat.

[FnG]magnolia · 28 Apr 2013 at 08:44

vvhiteknight said:
The bit between The and criminals.

This is the bit where you explain why bitcoins were not invented to make the originators very rich (which they did do) by appealing to geeks (which they do), get-rich-quick types (which they do) and criminals (which they do).

Did you sign up just to defend bitcoins? Genuine question, no malice intended.

vvhiteknight · 28 Apr 2013 at 09:11

Whats the point, you've already made your mind up. If anyone has any questions about setting up a rig pls ask, more than happy to help.

Jonners · 1 May 2013 at 16:21

I really am in two minds whether to order the 5gh/s ASIC miner from Butterflylabs, but should I?

Has anyone else here done it or have one?

tribz · 1 May 2013 at 17:30

Jaymond said:
I really am in two minds whether to order the 5gh/s ASIC miner from Butterflylabs, but should I?

Has anyone else here done it or have one?

Do they actually exist? They do sound a bit too good to be true.

Puppetmaster · 1 May 2013 at 17:43

A few have been sent out to a few select people and they have started shipping orders, although apparently its only 10 a day.

I was half tempted but decided not too for now, as it could be July / August before you get your order, if it ever turns up.

FeFiDoh · 1 May 2013 at 18:07

Have you guys seen the thread on reddit gaming section about the gaming league, ESEA that embedded a bit coin mining application in their software to play games? Forced the GPU to use 10% more than usual and to kick in 10 mins after being idle. They have around 20k users who use the client and they have been milking them for bit coins.

Minstadave · 1 May 2013 at 18:23

FeFiDoh said:
Have you guys seen the thread on reddit gaming section about the gaming league, ESEA that embedded a bit coin mining application in their software to play games? Forced the GPU to use 10% more than usual and to kick in 10 mins after being idle. They have around 20k users who use the client and they have been milking them for bit coins.

Dodgy bot net is dodgy.

arknor · 1 May 2013 at 18:45

Jaymond said:
I really am in two minds whether to order the 5gh/s ASIC miner from Butterflylabs, but should I?

Has anyone else here done it or have one?

there is a massive waiting list you won't see one until everyone else has one at which point the advantage is lost and making your money back will be as bad as using a GPU now

Have you guys seen the thread on reddit gaming section about the gaming league, ESEA that embedded a bit coin mining application in their software to play games? Forced the GPU to use 10% more than usual and to kick in 10 mins after being idle. They have around 20k users who use the client and they have been milking them for bit coins.

ooh that's actually a good idea for F2P games, they could give you currency based on how many bitcoin shares you earn them instead of selling stuff for real money.

Puppetmaster · 1 May 2013 at 19:58

arknor said:
there is a massive waiting list you won't see one until everyone else has one at which point the advantage is lost and making your money back will be as bad as using a GPU now.

If its "as bad as using a gpu now" theres still plenty of money to made then. Advantage of GPU mining is even if it crashes / its not profitable to mine you can just sell the cards or use them for games. A dedicated mining machine will be worthless.

Jonners · 1 May 2013 at 20:10

If ASIC Miners don't exist or only ship 10 units a day, I'm glad I haven't bothered for now, I need concrete lead time for shipping.

CREATIVE!11 · 1 May 2013 at 20:14

people still do this?

What is value in it anymore?

rsatd · 2 May 2013 at 10:36

FeFiDoh said:
Have you guys seen the thread on reddit gaming section about the gaming league, ESEA that embedded a bit coin mining application in their software to play games? Forced the GPU to use 10% more than usual and to kick in 10 mins after being idle. They have around 20k users who use the client and they have been milking them for bit coins.

Woah, that's an interesting twist. Don't play any esports, but what is going to be the next one? swapping seti@home or the cancer one for bitcoin mining? Possibilities are there... :eek:

sunama · 2 May 2013 at 13:35

arknor said:
ooh that's actually a good idea for F2P games, they could give you currency based on how many bitcoin shares you earn them instead of selling stuff for real money.

This is a very good idea.
As long as you inform the people who are running your client, its a very good idea.

Russinating · 14 Jan 2021 at 13:43

AND HE SHALL BE RESURRECTED!

Has anyone from this thread made an absolute fortune? Or like me, full of regret and hindsight, knowing that I mined Bitcoin in 2013 but now have no idea where my wallets are. I was mining when it "crashed" from £160 to £90 in April 2013...

Addicted · 14 Jan 2021 at 13:47

Most of mine was all gone a long time ago, hindsight is a wonderful thing

Rids · 14 Jan 2021 at 13:58

Russinating said:
AND HE SHALL BE RESURRECTED!

Has anyone from this thread made an absolute fortune? Or like me, full of regret and hindsight, knowing that I mined Bitcoin in 2013 but now have no idea where my wallets are. I was mining when it "crashed" from £160 to £90 in April 2013...

Full of regret club here, did a fair bit of mining back in the day, saw the pathetic returns and gave up on it, parked the coins as wasn't worth going through the trouble of selling them (coinbase wasn't really a known thing back then) and now the HDD's are long gone.

Ah well, it is what it is, not going to get hung up on it.