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[Official] BitCoin LiteCoin DigitalCoin and all Crypto Currencies Club And General Information Thread - Page 5

post #41 of 22095
Quote:
Originally Posted by farmdve View Post

Which is normal. In fact, this process can take several days(no kidding).

I've just realized it runs like a p2p server, if that's the case, it's only going to download the blockchain the fastest when it's morning mad.gif
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post #42 of 22095
Quote:
Originally Posted by Atomfix View Post

I've just realized it runs like a p2p server, if that's the case, it's only going to download the blockchain the fastest when it's morning mad.gif

Takes about a day on a decent connection.
    
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post #43 of 22095
I'm no expert on this, but with the new butterfly labs units actually shipping out, wouldn't the difficulty of bitcoins skyrocket? Not to mention even more difficulty added due to the recent creation and popularity of this thread (2116 Active Users (759 Members and 1357 Guests).

Wouldn't this ultimately kill GPU mining?
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post #44 of 22095
Quote:
Originally Posted by watterrbottle View Post

I'm no expert on this, but with the new butterfly labs units actually shipping out, wouldn't the difficulty of bitcoins skyrocket? Not to mention even more difficulty added due to the recent creation and popularity of this thread (2116 Active Users (759 Members and 1357 Guests).

Wouldn't this ultimately kill GPU mining?

1 Thread no lol.

There is BTC Or Bitcoins " Which is like the USD of crypto currency" then there are Alt which can be traded for Bit coins on exchanges.

The info on Alt coins is in the OP and will be added to more and more.
    
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post #45 of 22095
Quote:
Originally Posted by Hokies83 View Post

Which Miner are you using?

Only one i know that likes Memory is CG miner.

The rest use 0 memory and only core clock.

Do you know of any good miners that I could try whilst I wait for the blockchain to download?
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post #46 of 22095
Quote:
Originally Posted by Hokies83 View Post

Quote:
Originally Posted by Sonikku13 View Post

I've got my 7970 overclocked to 1125 MHz core/1750 MHz memory. I'm only getting 570 kh/s Litecoin mining at the moment. I've heard of 7970s achieving 700 kh/s. Anyone want to help me reach 700 kh/s?

My 7970 does about 660 MH/s Bitcoin mining. However, at 0.02 BTC/day if I run it 24/7, I don't think it's worth it. Plus, Litecoin is more profitable at the moment... source is here. https://www.coinotron.com/coinotron/AccountServlet?action=home

Which Miner are you using?

Only one i know that likes Memory is CG miner.

The rest use 0 memory and only core clock.

For Litecoin mining, I'm using GUIminer-scrypt, which uses cgminer. For Bitcoin mining, I'm using 50miner, which uses cgminer.
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post #47 of 22095
Quote:
Originally Posted by Sonikku13 View Post

For Litecoin mining, I'm using GUIminer-scrypt, which uses cgminer. For Bitcoin mining, I'm using 50miner, which uses cgminer.

What dat settings?
Quote:
Originally Posted by Atomfix View Post

Do you know of any good miners that I could try whilst I wait for the blockchain to download?

Gui miner is the most easy by far id suggest learning that one first.

CG miner seems to be the fastest.
    
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post #48 of 22095
Thread Starter 
Quote:
Originally Posted by Sonikku13 View Post

I've got my 7970 overclocked to 1125 MHz core/1750 MHz memory. I'm only getting 570 kh/s Litecoin mining at the moment. I've heard of 7970s achieving 700 kh/s. Anyone want to help me reach 700 kh/s?

My 7970 does about 660 MH/s Bitcoin mining. However, at 0.02 BTC/day if I run it 24/7, I don't think it's worth it. Plus, Litecoin is more profitable at the moment... source is here. https://www.coinotron.com/coinotron/AccountServlet?action=home

You have to play with the thread concurrency value, intensity and number of threads.
What miner are you using?
Quote:
Originally Posted by Atomfix View Post

Do you know of any good miners that I could try whilst I wait for the blockchain to download?

Download guiminer-scrypt and mine litecoins, or use 50btc.com's miner. You don't need to have an up to date wallet to mine there.
post #49 of 22095
What are those ASIC miners made from? Are they just a specialized processor or what?
post #50 of 22095
Quote:
Originally Posted by Faster_is_better View Post

What are those ASIC miners made from? Are they just a specialized processor or what?

Precisely. They are custom silicon which only handles instructions necessary for bitcoin mining. They are mostly vaporware so I wouldn't buy one if I were you. Here is a quick summary of ASIC's vs GPU's for mining:

ASIC:
Pros:
Faster than anything out there $ for $
Use less power per hash
Cons:
Some manufacturers (such as Butterfly Labs) might actually be scams, or at the very least, might not ever successfully ship a product.
Since they are custom silicon made for coin mining, they have no resale value if the currency fails

GPU:
Pros:
Cheap(ish)
Readily available
Can be used for other awesome things such as gaming, F@H, etc.
Cons:
They use almost precisely as much power as they return in coin currency, so you might not be making any profit at all.
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