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Paul MaudDib posted:Yeah, Seti and F@H and tons of other projects can use GPUs and there is a standard "BOINC" platform to let researchers queue up tasks. Gridcoin uses the BOINC platform. I am running this CPU mining for fun on my miner. it does gpu and asics too but im too busy mining other crap with my GPUs. http://www.gridcoin.us/ Stealthgerbil fucked around with this message at 05:41 on Jun 22, 2017 |
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Jun 22, 2017 03:48
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Would it be worth buying some cheap usb asic to mine a lot of lovely alt coins for fun? Are there even poo poo alt coins that I can get large numbers of? I kind of want to mine up a bunch of whatever new gimmick coins comes out. I regret not mining things when I heard about them.
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Jun 22, 2017 06:50
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Harik posted:No, because most of the gimmick alt coins are deliberately designed to not work with buttcoin ASIC miners. If they could still mine they would still be mining something. Ok fair enough. I was mostly thinking of getting an asic for gridcoins because I love the concept of them. they have a bunch of asic tasks to do. However it sounds like I should just buy some gridcoins instead.
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Jun 22, 2017 14:55
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I yanked a 1070 out of my gaming PC and made a sweet mining rig. Check this baby out! http://stealthgerbil.com/files/20170622_192959.jpg
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Jun 23, 2017 05:31
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Think its possible to set up nicehash to mine to my own pools? I was looking at the files and I think I see where I can just edit the various scripts it would run. I like the idea of nicehash but I want to keep the actual coins that its mining because I feel like in the long run, I would probably make more money then just getting it in BTC. That is also probably wrong since really the only thing that matters is BTC since that is what people use to buy stuff. Also I left my 1070 running all night and it pretty much sat at 63C at 45% fan speed the whole time. It is a cool running card. I think its probably a bad idea to go out and buy more hardware for this but I think it would be neat if I can mine my way to new hardware or at least the eventual replacement card for when this one melts. Stealthgerbil fucked around with this message at 22:40 on Jun 23, 2017 |
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Jun 23, 2017 22:36
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I used a few 7950s that were used to mine litecoins for months and they are fine. The fan failing thing is definitely true but the cards themselves ran really well. I am still using one of them in my TV computer and it has held up great.
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Jun 25, 2017 00:36
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cheese-cube posted:Yeah, I'm dense for questioning the infinitesimally small ROI for an activity that has a non-zero startup cost for investing effort in something that follows the law of diminishing returns and will inevitably (And rapidly) end up with negative returns. Eh $100/month per video card after power is really not bad at all for pretty much zero effort. And you are only going to get scammed or robbed if you are an idiot. I don't even get how its possible if you keep your coins in your wallet and convert to BTC and sell through coinbase. But what do I know, I am obviously an idiot for mining.
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Jun 26, 2017 17:19
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You seem really bothered by people making $5 a day in free money. Maybe you should try giving cryptocoin mining a shot.
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Jun 26, 2017 17:27
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My card has paid for itself and it generates more money then it uses each month for power. At that point, how is it not generating free money that I would otherwise not have? Also the only reason people are making fun of others for building these giant mining rigs is because of how late they are to the party, not because the act of mining itself is dumb. The people who spent thousands on a mining rig a year and a half ago absolutely made a crapton of money, more then enough to cover any hardware failures as well as making a really great profit. Like any of the people who got into monero, zcash, or ethereum early made a killing. Stealthgerbil fucked around with this message at 17:36 on Jun 26, 2017 |
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Jun 26, 2017 17:33
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BangersInMyKnickers posted:P Who is running the ponzi scheme here? AMD?
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Jun 26, 2017 17:40
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Yes all of the effort we put in turning the crank to power our video cards. Like lol if you haven't scripted everything.
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Jun 26, 2017 17:43
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Eh screw em. I'll take my free couple of burritos worth of zcash that my 1070 makes for me every day. If someone told me that I could run a computer that would let me get a few burritos worth of fake money every day, I would have never believed them.
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Jun 26, 2017 17:52
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A single video card or even two is not going to require any different AC, especially if they are like 1070s. Mine doesn't even change the ambient temp of the room although I am only running a single one (sometimes two when I set my gaming PC to mine). A 1070 runs really cool, mine sits at like 62 degrees celsius at 45% fan speed and I have not done any of the tweaks to make it use less power and generate less heat while keeping the same hash rate. Plus my mining rig also functions as a TV computer so it has plenty of other functions. I can watch stuff through plex surprisingly well while mining. The thing is that people take into account all of the things like AC, power draw from the wall, etc. Sure you get stories like the idiots who buy 90 cards without doing any research. However, the math involved for all of this is really simple and its quite easy to figure out if it is profitable or not.
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Jun 26, 2017 18:15
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Golem is a pre-mined coin. Thats right, people are buying a coin because someone is like 'it can do this in the future maybe?'. Neat concept but not exactly worth giving money to people for them.
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Jun 26, 2017 21:49
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All that matters is can you buy drugs from the darknet with them? That is the only reason people care about cryptocurrencies and really its only bitcoin because that is what the dark net sellers want. The rest are like 'how many btc is this shitcoin worth?' because the only use for 99% of them is trading them for BTC.
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Jun 26, 2017 22:18
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I think instead of telling people that its dumb to buy a mining rig now, I am going to encourage them. I think a lot of the people posting on various forusm want to be told that they should buy a mining rig and I think it would be even more funny in a few months when they sell em for a fraction of the cost. If anything, the time to build a rig will be after this current fad dies down. That way you can get cheap parts and mine some poo poo coins with less competition.
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Jun 28, 2017 15:49
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Don't forget all of the empty boxes so the guy can resell the burnt out overworked videocards to everyone in a few months.
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Jun 30, 2017 21:22
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I think the 7 layer burrito from taco bell is like $2.50. My 1070 is making like 1 1/2 a burrito a day now. Maybe more if I buy the shredded chicken burritos.
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Jul 12, 2017 15:05
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I'm going to keep mining and trade for more shitcoins.
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Sep 14, 2017 19:34
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I traded some of my butts for other shitcoins which hopefully will go up even though there is no reason for them to change in value or even be worth anything.
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Oct 4, 2017 15:54
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Comfy Fleece Sweater posted:Sounds like a terrible idea but I must ask : which ones ? Mostly vertcoins and digibytes. I have been mining zcash and monero though.
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Oct 5, 2017 14:46
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I am mining vertcoins now because I am diseased.
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Oct 12, 2017 16:30
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Themage posted:Buttcoin and security don’t belong in the same page Yea only idiots get hacked when it comes to buttcoins.
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Nov 9, 2017 19:41
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I'm CPU mining aeon and it works out pretty well. Getting like .3 a day with a 3770.
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Nov 14, 2017 22:48
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Rexxed posted:Hmm, yes, Siacoin, altcoin number 24074985672903768923476. Seems promising! its pretty much kiddie porn on the blockchain.
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Jan 19, 2018 20:47
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Nice job. You touched the poop and got out clean .
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Feb 12, 2018 22:53
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Gridcoin is legit but no one mines it because its not profitable. Also ASICs aren't that big of a deal. Monero is going to fork to prevent ASICs from working and ethereum is designed to be ASIC resistant and there are types of smart contracts which are designed to be incredibly inefficient for ASICS quote:This model is untested, and there may be difficulties along the way in avoiding certain clever optimizations when using contract execution as a mining algorithm. However, one notably interesting feature of this algorithm is that it allows anyone to "poison the well", by introducing a large number of contracts into the blockchain specifically designed to stymie certain ASICs. The economic incentives exist for ASIC manufacturers to use such a trick to attack each other. Thus, the solution that we are developing is ultimately an adaptive economic human solution rather than purely a technical one.
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Mar 19, 2018 16:44
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Well there is probably a 100% chance that the crypto fad will come back every couple of years and people are definitely going to stock up on shitcoins to dump when it becomes mainstream before it dies out again. its a cycle.
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Jun 15, 2018 19:09
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