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Thread: Bitcoins




  1. #1
    Acebmxer's Avatar
    Acebmxer is offline Gigabyte Elite
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    Default Bitcoins

    Hey guys; found this on another forum. Its called Bitcoins. This is not a scam its real. I dont know exactly how it works, but I can tell you it works.

    What is Bitcoins. Well you use your gpu to do work and generate (or called Mining).

    What can you do with these coins? You can convert them to cash, buy stuff or services with bitcoins.

    This works best with ATI gpus.

    Here is some links with all the information you need.

    Bitcoin - Wikipedia, the free encyclopedia
    Bitcoin Forum - Index
    Bitcoin P2P Virtual Currency
    https://www.instawallet.org (Online Bitcoin wallet. If you do not want to store your bitcoin wallet on your computer.)
    https://en.bitcoin.it/wiki/Mining_hardware_comparison (See how well your gpu should perform)

    Download these and install

    Bitcoin 0.3.23 found here Bitcoin P2P Virtual Currency (This is your bitcoin wallet. A place to store your bitcoins.)
    GUIminer GUI mining - updated host address for slush's pool (this is the program to allow you to mine for bitcoins.)

    Register at a bitcoin mining pool. I recommend using with BTCguild. https://www.btcguild.com Supply them with your bitcoin wallet and create at least one worker.
    Start GUIminer and switch server to BTC guild. Enter your user name and password. copy this to extra flags "-v -w128" with out the "".
    Then start mining.

    Please feel free to post any comments or questions. Lets see who else here is doing this.
    Again this is not spam or a scam. Mods if I posted this in wrong section please move when you feel it should be.
    Last edited by Acebmxer; 07-02-2011 at 01:43 PM.
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  2. #2
    Acebmxer's Avatar
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    Default Re: Bitcoins

    Trying out a new mining pool. https://www.triplemining.com/

    If you would like to help out you can register here with my referral. https://acebmxer.triplemining.com/register

    Please use second link when registering.
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  3. #3
    Lsdmeasap's Avatar
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    Default Re: Bitcoins

    Use second link eh, sounds spammish?

    Haha, just giving ya a hard time man, no worries! This has caught my eye lately too, but sounds like it takes too long to build up any worthy amount of cash, right? How much have you made so far, with what card?

  4. #4
    Acebmxer's Avatar
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    Default Re: Bitcoins

    Yeah I was trying to make it not sound so spammish :)

    I have been switching between different mining pools. Usally BTC Guild or if I can get enough people to join Triplemining to make it worth it.

    Right now running my 6950 +5850 I have made so far about 33 dollars in a couple days. Price per coin fluctuates right now its around $15.25 - $15.50 a coin

    Forgot this link https://www.tradehill.com/ Tradehill is the place you go to, to trade in you coins for cash. please use my referral code when registering. TH-R111259
    Last edited by Acebmxer; 07-04-2011 at 10:28 PM.
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  5. #5
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    Default Re: Bitcoins

    Do you know roughly how many hours it took you to earn $30?
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  6. #6
    Acebmxer's Avatar
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    Default Re: Bitcoins

    That was running 24/7. Well as close as I could as the 6950 card is in my main system. So if I wanted to watch a movie I had to stop the miner. Or 1 website its banner is enough to lock the system up and force a reboot.

    Also depends on the market for buying the bios. Found out Newegg also takes bitcoins. BitEgg.net | Buy Newegg Giftcards with Bitcoins I havent tried it yet.
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    HiS ATI HD 6950
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  7. #7
    Lsdmeasap's Avatar
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    Default Re: Bitcoins

    Wow man, interesting!! I thought it would take much longer to make money, that sounds like you could maybe make at least $50 in under two weeks even with time off, right?

    Buying a BIOS, what do you mean by that?

    Have you found anyone that has used and approves that Newegg card site? I read the FAQ, and that's a guy (Buying Newegg gift cards for you), not Newegg itself.

  8. #8
    Acebmxer's Avatar
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    Default Re: Bitcoins

    Oppss that was typo I meant to say bios=bitcoins lol... Ohh ok I just found I have not tried it. I haven't generated enough.

    Profit wise it depends. on the market. The market seems to be dropping :( its down to $13.37. Hope it goes back up. But Depending on your electric bill I would hope that you should cover your coast in about a week or two. If you farm 24/7 depending on speed and such.
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    Swiftech MCP655-B Pump
    EK Supremacy Cpu Block
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  9. #9
    Lsdmeasap's Avatar
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    Default Re: Bitcoins

    Ohh, forgot all about electric, with that in mind I'm back to thinking this might not be worth it for me to even try doing.

  10. #10
    Acebmxer's Avatar
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    Default Re: Bitcoins

    Here is a calculator to help figure it out. http://98.200.247.249:81/btc_calc.php

    Here is a est. of what I could expect.


    Selected Difficulty: 1,563,027.996
    MHashes: 700 | BTC Revenue ($USD) | Power Cost | Profit
    Per Day: 0.450 | $6.717 | $1.836 | $4.881
    Per Week: 3.153 | $47.018 | $12.852 | $34.166
    Per Month: 13.514 | $201.504 | $55.080 | $146.424

    A member over at Xtreme systems is starting their own Xtreme bitcoin pool.
    Main Rig
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    Samsung Green 8GB 2x4GB MV-3V4G3D/US DDR3 1.3v 30nn @ 2200Mhz 11-11-11-32 1.60v
    Sapphire ATI HD 7970 3GB clocked 1200MHz @ 1.181v.
    HiS ATI HD 6950
    Samsung 840 Pro 256GB SSD (boot Drive) on Intel sata3 controller port0
    Corsair Force GT 120 GB Sata3 SSD on Intel sata3 controller port1
    Samsung 320GB HD322GJ 7200 RPM 16M cache on Intel sata3 controller port2
    Sony Optiarc DVD-RW AD-7240S on Intel sata3 controller port5
    CORSAIR CMPSU-850TX PSU
    Swiftech MCP655-B Pump
    EK Supremacy Cpu Block
    Swiftech Mcres Micro Rev 2 Reservoir
    Black Ice GTX Xtreme 360 Radiator





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