WTF!! BITCOIN MINING

[V2-V3]

I'v already reallocated all of my Folding@Home resources :) earning me about $76.42 per day. I have not calculated power consumption yet its time to get more Kill-A-Watts although the extension cords are nice and warm :D
Next I will be bringing online the Folding@Work farm!!!!!!
My basement farm
http://i54.photobucket.com/albums/g94/V2-V3/th_428617952_photobucket_38638_.jpg (http://s54.photobucket.com/albums/g94/V2-V3/?action=view&current=428617952_photobucket_38638_.jpg)
http://i54.photobucket.com/albums/g94/V2-V3/th_428617952_photobucket_38637_.jpg (http://s54.photobucket.com/albums/g94/V2-V3/?action=view&current=428617952_photobucket_38637_.jpg)


EDIT: BitCoins are a Currency for an internet economy they can be mined by using the processor and graphics cards ability to calculate mathematical "proofs" or create a "Bitcoin" with each Bitcoin worth *$9.30USD compensation is good. However a massive amount of computational power is required to find a Bitcoin. The best way to acquire coins is to build a PC with multiple AMD graphics cards for example One AMD ATi Radeon HD 6970 graphics card can can generate *$400.00 worth of BitCoins in about one month. To start join a Mining Pool like BitClockers.com (http://bitclockers.com), they offer daily payouts and monthly prizes. When you recieve Bitcoins you can Sell them at an exchange or use them anywhere accepted.



*value per coin at the time of this writing

[DOM]

so your getting pays to fold ?

[MaadDaawg]

Does this work with only ATI cards? I read the instructins for the Phoenix miner and that's all that was mentioned?

Are you mining both with your CPU and GPU? If so, which miner are you using?

[kikicoco1334]

dude! very nice!

[Kal-EL]

I read the site but still......wtf is this about?

[V2-V3]

How do you like my RACK?
http://i54.photobucket.com/albums/g94/V2-V3/428617952_photobucket_38728_.jpg
its full of GPU's :)

[Witchdoctor]

Damm dude, the power consumption has to out weight the pay :Dizzy:

how are you controlling temps in that room .... ?

[V2-V3]

Damm dude, the power consumption has to out weight the pay :Dizzy:

how are you controlling temps in that room .... ?

cost of power is currently consuming 13% of the income. The cost of hardware is the biggest expense and takes about a month or 2 to pay off.
but if you have lots of hardware laying around like me PUT IT TO USE!
to keep the room cool I have a package Air Conditioning unit on the roo. it used to stay cool when CPU's were doing work loads but these damn GPU's are crazy!!!! To the left I have to keep the door Open :)

Does this work with only ATI cards? I read the instructins for the Phoenix miner and that's all that was mentioned?

Are you mining both with your CPU and GPU? If so, which miner are you using?

I am running the Pheonix miner on both ATi and NVIDIA GPU's. The ATi 5870+ and 6970+ series cards are about 4x faster than an NVIDIA GTX 580...

At the moment I am not using the CPU as a CPU is about 100 times slower than an ATi GPU.

[Witchdoctor]

Wow, not to bad, is the cooling consumption buil;t into the 13% figure

I have a ton of shit laying around, including some 4 and 5 series ATI cards ...

Rolling with the 580's these days for gaming ....

Random Thought ???? Why does Hawaii have interstate highways?

XF2ayWcJfxo

[V2-V3]

Wow, not to bad, is the cooling consumption buil;t into the 13% figure

I have a ton of shit laying around, including some 4 and 5 series ATI cards ...

Rolling with the 580's these days for gaming ....

Random Thought ???? Why does Hawaii have interstate highways?


I have not considered the cooling from the package unit, this time of year it is normally running 24/7 till winter.

If you have spare cards laying around buid up a couple 4 GPU systems and see what u can bring in in a week. Otherwise I could take those 5 series cards off your hands :)

[Witchdoctor]

Think I will take some time this weekend and read up.

Would be nice to make few bucks here and there on some hardware just collecting dust ....

[Neuromancer]

Awesome.

I have neither the hardware nor the cooling.

winter time would be great for this though, get paid to run your heater :)

[rickss69]

This could potentially pay for my folding activities which would satisfy me...more research is needed on my part.

[V2-V3]

This could potentially pay for my folding activities which would satisfy me...more research is needed on my part.

Exactly, Im leaving most of my NVIDIA hardware to the F@H and any ATi equipment will be paying off the hardware and power bill :)

For those interested I posted up a Step by Step Guide on how to get started: http://bitclockers.com/forums/index.php?topic=3.0

[kikicoco1334]

How do you like my RACK?
http://i54.photobucket.com/albums/g94/V2-V3/428617952_photobucket_38728_.jpg
its full of GPU's :)

wow vv! that's like my house with better hardware!!!
nice setup bro

[GeorgeStorm]

Since I'm selling some cards due to money shortages.
Am left with a 4870X2, might aswell get it doing this (is there any point with just the one card?)
And would I need 1 or 2 miner clients since it's a dual gpu card?

[V2-V3]

wow vv! that's like my house with better hardware!!!
nice setup bro

I will be adding a few more 4U racks and filling every 4U with 4x 5870's or 4x 5970's
ThermalTake package came from ThermalClause:
http://i54.photobucket.com/albums/g94/V2-V3/Bitclocking/4X1200WPSUs.jpg
Im going to need and electrician to wire up a damn sub panel for this bad boy




Since I'm selling some cards due to money shortages.
Am left with a 4870X2, might aswell get it doing this (is there any point with just the one card?)
And would I need 1 or 2 miner clients since it's a dual gpu card?

I say YES good sir!

Your 4870X2 is paid for and has no upfront cost for you to Mine with so here are the results after 1 month :D

Time Frame 1 Month @ 200Mhash/s @ $9.60 (USD) per (BTC) Bitcoin
Revenue per time frame: 135.87 USD
Revenue minus power costs: 127.10 USD
Net profit first time frame: 127.10 USD

lol thats 4870x2 might just pay for a tank of LN2 :D

not bad for old hardware laying around


For the 4870X2 you will need to install AMD's "APP SDK" package
"AMD Parallel Processing Software Developers Kit"

[GeorgeStorm]

Just tried setting it up, getting around 50Mhash/s per core of the gpu, and getting quiet a few rejected, about 50/50 atm. Card is at stock, temps are <80 degrees.
Any ideas?

[V2-V3]

Just tried setting it up, getting around 50Mhash/s per core of the gpu, and getting quiet a few rejected, about 50/50 atm. Card is at stock, temps are <80 degrees.
Any ideas?

I have a 4870 that runs 90Mhash with a little OC and it uses some command switches or on GUIMiner "Extra Flags" to optimize the Mining client.

The 4870 is not on it yet but will be soon.
You could try playing with adding and removing flags and increasing and decreasing the value
Here are some flags:
-k
phatk
VECTORS
BFI_INT
AGGRESSION=10
worksize=256
FASTLOOP=off

[Neuromancer]

Any idea whata 6850 would pull? I checked out hte calculator and I couldnt change the video card.

Interesting idea.. if it nets me $100 with a 4.3GHz 2600 sandyB... I would say it mets out i my favor. once the blocks drop to 25 (soon) that halves income. and income is purely based on on an arbitrary value that is being inflated by bitcoin users.

Having said that..

What the hell is it really? My PC is cranking out hash values to get coins.. umm. What are they actually computing?

Free money for CPU cycles and I have no clue what they are actually doing?

[kikicoco1334]

dude my u4 servers are just chilling on the ground lol i have a really bad felling something bad is gonna happen to it lol

and 2u's are just chilling on top of the 4u

[Splave]

if you are bitcoining the terrorists have already won...jk jk

Any help with setting up multiple random GPU's on a single board. IE

1x4850 1x6970 1x4850 on same board

[reflex99]

I wrote a guide a while back on OCN. It got deleted/trolled to hell by mods, and eventually got deleted by those trolls.

Then i moved it to my blog here:

[V2-V3]

Any idea whata 6850 would pull? I checked out hte calculator and I couldnt change the video card.

Interesting idea.. if it nets me $100 with a 4.3GHz 2600 sandyB... I would say it mets out i my favor. once the blocks drop to 25 (soon) that halves income. and income is purely based on on an arbitrary value that is being inflated by bitcoin users.

Having said that..

What the hell is it really? My PC is cranking out hash values to get coins.. umm. What are they actually computing?

Free money for CPU cycles and I have no clue what they are actually doing?

A 6850 can do upwards of 250Mhash/s and at current market price of *18.00USD per bitcoin...
Revenue per 1 month time frame: 316.79 USD
Revenue minus power costs: 305.83 USD
Net profit per 1 month time frame: 305.83 USD

Blocks will not drop to 25 coins till 2012 or when 250,000 has been reached (currently only 126,000 have been generated in 2 years)

on a side not ALL currency value is inflated by its users.... unless it is backed by something like Gold or other precious Fixed commodity

Your PC is generating MD5 hashes for an AES 256bit encrypted "block" in an attempt to generate a mathematical proof of a blocks existence

if you are bitcoining the terrorists have already won...jk jk

Any help with setting up multiple random GPU's on a single board. IE

1x4850 1x6970 1x4850 on same board


You need to run the same series together and cant mix them because of driver support, the 4xxx, 5xxx, 6xxx cards all use different AMD APP SDK versions and prevent the driver from working if you mix generations...

But you can run your 2X4850 on same board, and the 6970 on a diff.


I wrote a guide a while back on OCN. It got deleted/trolled to hell by mods, and eventually got deleted by those trolls.

Then i moved it to my blog here:



Ya I had the same thing happen with a post I made asking about bitcoins a while back when i first heard of them.

[reflex99]

You need to run the same series together and cant mix them because of driver support, the 4xxx, 5xxx, 6xxx cards all use different AMD APP SDK versions and prevent the driver from working if you mix generations...

But you can run your 2X4850 on same board, and the 6970 on a diff.



I didn't know this. I've only ever tried it with 6XXX cards. Interesting.


Ya I had the same thing happen with a post I made asking about bitcoins a while back when i first heard of them.

whatever, more traffic for my site the better

[Splave]

6970 at 960/1400 was averaging 405 Mh/s what would that equate to a month?

[FACE]

6970 at 960/1400 was averaging 405 Mh/s what would that equate to a month?

Eventy Bagillion Rupels

[V2-V3]

6970 at 960/1400 was averaging 405 Mh/s what would that equate to a month?


with the last price increase and bitcoins not at $30+ each your looking at about $650 per month :D

[Splave]

holy shiot lol

[DOM]

okay i did it like on your utube vid 8800gts 512mb is getting around 38 Mhash/s i think that sucks dont it :laughing:

cards oced 800/1100 :P

[Splave]

nvidia is the suck for this ;) ATI 4*** and newer ftw

[DOM]

running a 4870 now i hate the stock cooler it, this loads it more then games have to run fan @ 60% lol

[Splave]

yeah, thats should be fine man :) IMO not worth the stress on a sandy for the 5-10mh/s you get while loading it 100% for cpu mining.

[DOM]

yeah tryed it on the q6600 and tryed the gpu at the same time both where low

kind of wish i got the 6970 lightning over the MSI N570GTX Twin Frozr III PE/OC yesterday :laughing:

[DOM]

so how do you know when to cash out ?

im avg. like 105 now with the 4870 how much is that per day ?

time for work :P

wow v2 is the top guy it seems thats alot of his done haha


got nother? how do you get payed?

[reflex99]

I traded 4.07 btc for 116$ yesterday.

Feels good mang

[OC Maximus]

WOW, seems like I'm missing out.

[OC Maximus]

kind of wish i got the 6970 lightning over the MSI N570GTX Twin Frozr III PE/OC yesterday :laughing:
Can you change your order?

[DOM]

Can you change your order?
nope its been shipped already hope it comes tomorrow :)

[OC Maximus]

Nice!

[rickss69]

Unable to get this running reliably...now Bitcoin will not open without error.

[Bones]

This sounds interesting.

I'm wondering what an AM3 system with a Zotac 550 Fermi GPU could do in a month for starting out?
That's what I have presently and if it would do OK, maybe a pair/set of ATI GPU's in crossfire would work.

[Neuromancer]

nVidia GPU does not work as well as ATI.

[reflex99]

being an ATi/AMD fanboy has finally paid off. If only i still had a 5870

[rickss69]

Got a boatload of them and can't seem to make it work...:argh:

[Bones]

nVidia GPU does not work as well as ATI.

I was thinking that might be the case.

Since my board can do a quadfire setup, I could get a full set of ATI's and turn it loose.
I do plan on getting another AM3/AM3+ board sooner or later and the old MSI setup can do the mining if I go for it.
I also plan on getting another CPU and if it unlocks too, I'd probrably let the 555 I have do it since I know it unlocks and clocks OK - Or maybe the 720 BE since it's a good one too.

I'll have to see how things shape up in the near future.

[reflex99]

Got a boatload of them and can't seem to make it work...:argh:

are you mixing generations?

When you mix 6XXX and 5XXX, it will not work.

If you try to run a card that is not connected to a monitor, that will not work either, you must either connect it to a monitor, or use a dummy plug.

Do you have the AMD Stream SDK installed?

Are the stars aligned properly?

[rickss69]

All my cards are 5xxx (5850, 5870, 5970). On one rig the cards loop never finding the server, and on another rig Bitcoins refuses to start/install even after deleting completely.

[reflex99]

All my cards are 5xxx (5850, 5870, 5970). On one rig the cards loop never finding the server, and on another rig Bitcoins refuses to start/install even after deleting completely.

are you going for solo or pooled mining?

[rickss69]

are you going for solo or pooled mining?

Pooled - BitClockers

[reflex99]

GUI miner or cmd?

For the short time i used bitclockers, i was getting an abnormally high amount of connection errors.

[V2-V3]

All my cards are 5xxx (5850, 5870, 5970). On one rig the cards loop never finding the server, and on another rig Bitcoins refuses to start/install even after deleting completely.

What Client are you using ie Phoenix miner or GUIMiner? also did you create a worker in your BitClockers dashboard?

GUI miner or cmd?

For the short time i used bitclockers, i was getting an abnormally high amount of connection errors.

Strange... I have not seen any connection errors with 20+ clients mining on BitClockers

maybe it was a firewall issue with port 8332?

[rickss69]

Whatever the issue is it was enough to discourage me from pursuing it any further for the time being.

[V2-V3]

Check it out now, trend shows BitClockers has the most up-time and highest level of security for users :)

[Bones]

Things are beginning to take shape.
I can get a quad set of 5670's setup in crossfire and that should be good enough to start with. Of course as I get more coins I'll gradually upgrade things and keep mining.

Already have a new board coming to me so the MSI gets the honors for mining with those GPU's once I have them - Now I have to decide which chip I want to dedicate to mining, I'm thinking the 720BE since it runs cool yet clocks well, esp for a C2 chip.
Only problem I might have is keeping it all cool since this room isn't normally air conditioned and that could be a real issue. It does have an AC unit but the wiring layout of the house has it and the one for the living area on the same circuit meaning it trips the breaker if I run both at the same time.

Just one of those things you discover and deal with as needed.

Oh yeah - I'm hoping once it's all setup that doesn't trip the breaker either with the living area AC running.

[DrNip]

So if I get this right you are pretty much just creating your own currency. I've read various articles on how the government is getting or going to get involved and that crack downs may happen. The more that get involved the more this will show up on the radar. To be honest I want to mine but this has me scared. Something about creating my own currency sounds too much like counterfeiting money to me. When something is too good to be true then it is and I stay away. I'm sure this is legal now as it is still new. Give it time and it won't be.

[Bones]

So if I get this right you are pretty much just creating your own currency. I've read various articles on how the government is getting or going to get involved and that crack downs may happen. The more that get involved the more this will show up on the radar. To be honest I want to mine but this has me scared. Something about creating my own currency sounds too much like counterfeiting money to me. When something is too good to be true then it is and I stay away. I'm sure this is legal now as it is still new. Give it time and it won't be.

I'd look deep into it as I'm doing now.

I haven't seen anything saying it's not legal (Yet) but I did run across where it was stated as possibly used for money laundring as an example.
http://en.wikipedia.org/wiki/Bitcoin

I do think what's being done is you're doing computational work similar to folding and getting paid to do it, hence the mining part of it.
It was stated that as time and more folks begin mining, the more difficult it will be to get coins with the same computational power. Those that started early will have more than those who start later.

I've been thinking about exatly what cards to use and although I can do as stated above, I'm having to guess a really good pair of cards will outmine the 5670's even if they are in quad-crossfire.

[DrNip]

I've looked deep into it and too many people have or keep asking if it is legal. Something wrong with that. I know that I had the old Lian Li ripped apart to the frame and a 6850 in the shopping cart ready to go with this until I had second thoughts.

[Bones]

I've been going "Hmmm" about it myself lately and for now have decided to error towards the side of caution.

Not saying there's actually anything wrong with it but like Dr. Nip I've got a vibe about it that says to be careful.

[V2-V3]

I've been going "Hmmm" about it myself lately and for now have decided to error towards the side of caution.

Not saying there's actually anything wrong with it but like Dr. Nip I've got a vibe about it that says to be careful.

I don't think the internet police will be coming after me for mining bitcoins on my GPU's :D If a law does get passed making it illegal I will stop mining. however my current Overclocking hardware allocated to mining is netting me some nice cash and paying for my LN2 habits :D

[Kal-EL]

o.k. you have my attention now. I'll be digging into this from a law enforcement standpoint, obviously. Let you know in a few days if the topic of bitcoining will be allowed or permitted on the OCA forums. Anything that remotely supports fugazi's goes out the window. :keeporder:

[Kal-EL]

out the window: Bitcoining has no place on these forums. The dictator has spoken.:Hi:

[Kal-EL]

:flaminmad:

[V2-V3]

:)

[Kal-EL]

:)

Lol, i knew you'd have this one sub'd, how many millions have you made and did you get caught in the FTX fiasco?