Overclockaholics Forums - WTF!! BITCOIN MINING

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WTF!! BITCOIN MINING

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/g9...ket_38638_.jpg
http://i54.photobucket.com/albums/g9...ket_38637_.jpg

EDIT:

Quote:

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, 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

so your getting pays to fold ?

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

How do you like my RACK?
http://i54.photobucket.com/albums/g9...ket_38728_.jpg
its full of GPU's :)

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

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

Quote:

Originally Posted by Witchdoctor (Post 78430)

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 :)

Quote:

Originally Posted by MaadDaawg (Post 78403)

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.

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?

Quote:

Originally Posted by Witchdoctor (Post 78433)

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 :)