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#21
May 4 2011 04:56am
LOL I bet JuicyFruit thought up bit coins....and he's using all these saps comps...to calculate how to win more prizes :D
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#22
May 4 2011 06:41am
Quote (ghot @ May 4 2011 05:56am)
LOL I bet JuicyFruit  thought up bit coins....and he's using all these saps comps...to calculate how to win more prizes  :D


Lol!

But seriously, you're going to spend more in power than you get back in folding style computing. Gpu folding is worse power wise than cpu.
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#23
May 4 2011 06:43am
Quote (TheEvil1 @ May 4 2011 08:41am)
Lol!

But seriously, you're going to spend more in power than you get back in folding style computing. Gpu folding is worse power wise than cpu.


This is only a problem when mom and dad are the ones paying the electricity bill. I think I'd shit a brick seeing a $300 utility bill on my desk.
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#24
May 4 2011 06:48am
...and the worst part is....that who knows what that guy in the far east is DOING with all this computational power? That's the scary part.

It even says in the FAQ's that the longer it runs and the more ppl that do it..the less return you'll get.... lol
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#25
May 4 2011 07:02am
I had a 250 power bill folding in summer.

Even if you're the one paying for it, the returns are usually less than power costs spent.
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#26
May 4 2011 07:06am
Quote (TheEvil1 @ May 4 2011 09:02am)
I had a 250 power bill folding in summer.

Even if you're the one paying for it, the returns are usually less than power costs spent.



yeah but this isn't even....folding.....no where on the BitCoin site, in the FAQ's or the Wiki...does it say WHAT they will be using everyones comps for lol
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#27
May 4 2011 07:11am
Its distributed computing of some form. Probably atomic calculations for north korea to make an atom bomb. All their computers are bogged down running starcraft 24/7
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#28
May 4 2011 10:02am
Quote (Canadian_Man @ May 4 2011 03:49am)
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.


It does floating-point operations. Do you know how much more Gflops a GPU can crank out than a CPU? Don't be derp.
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#29
May 4 2011 10:12am
For folding at home, cpu and gpu calculations are different. Assignments are different for each and points are calculated differently. Some tasks cpus complete better. They have large tasks you can request, but those are generally best left to 2cpu and above systems.
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#30
May 4 2011 10:15am
Quote (ghot @ 4 May 2011 06:06)
yeah but this isn't even....folding.....no where on the BitCoin site, in the FAQ's or the Wiki...does it say  WHAT they will be using everyones comps for  lol


They do say this you tard. They say it right on their site, each "block" is your GPU helping encrypt the bitcoin system farther. Also, if they used it for "evil" you wouldn't get in trouble, as they weren't letting you know, one of the main devs met with the CIA and they were cool with it, as all the power goes to do is encrypt their system. You can't read can you? It says it right on their site.

I don't pay for power, so it doesn't bother me. USA tax payers do.

This post was edited by Anthraxinsoup on May 4 2011 10:17am
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