What site you gonna use to trade? Coincard stopped paypal

Also, Deadshell, what GPU are you using?

This post was edited by Anthraxinsoup on May 4 2011 02:21am

gtx580

https://en.bitcoin.it/wiki/Mining_hardware_comparison

Best bet would be to get a 5770 and use it as the dedicated miner so you can game and stuff, and it will do more.

I don't really game.

A 5770 does around a 580 if not more. This is like folding, but for AMD cards.

Well I'm going to try it out for a few hours and see how things turn out. Then I'll see how I can use the bitcoins earned.

Idk if it'll really be worth-while.

I was reading the BitCoin FAQ's and Wiki....it sounds like a pyramid scheme to me....hope you guys don't regret this in the future ^^

The worst part of all...is nowhere does it say what all the processing power is being used .....for :/

This post was edited by ghot on May 4 2011 04:15am

Interesting...

It takes 200 years to create 21m bitcoins o.o

They claim that the modern-day processor is just as bad as old processors (p4's and such), and so the amount of work done per unit of time is extremely low coming from the processor. Because of this, they encourage you only use your graphics card to crunch the numbers in their system.

1) This sounds quite cocky. Apparently processors aren't good enough to crunch these numbers efficiently? It sounds like their program and ability to utilize the hardware efficiently is where the problem lies.

I tried using it (all set up properly) for just over an hour. I received 0.02 bitcoins. One bitcoin is worth approximately just over $2 (US dollars). So I received about 4 cents for an hour's worth of number crunching from my system. So,

2) This system is inefficient. I've seem people talking about how "it's great that you can earn some money when you're not using your system". These people either live at home with their mothers and don't pay the electrical bill, or they're seriously fucked in the head.

Finally, checking the community... it's riddled with weirdos. It's just the weirdest thing. You go to the forums and they're talking in mumbo jumbo half the time. Jargon, bitcoin-speak... turns me away.

So after trying it all, I determined that everything I had set up worked fine. I was crunching numbers at exactly what a 5770 should be crunching numbers at. Within just over an hour, I earned 0.02 bitcoins. Is this worth using? Definitely not. They call this a safe currency... but obviously it's not. You get no password for your earned bitcoins. You simply have a reference number.