Bitcoins

[FFFHugo]

Anybody here got some experience with bitcoins? and bitcoin mining?

 

[RobinHood]

Nah, but wish I got back into it years ago

Not sure if I've missed the boat or if it's still worth getting into. I wish I had an electricity source to set up a mining rig, not sure the return would be worth it at home on residential rates.

 

[FFFHugo]

im just doing a test on the laptop atm to see what the data and power consumation is. The laptop is running anyway so why not let the program run in meantime.

 

[Storm3y]

You prob. arent going to make a profit from this unless your laptop is on and using the same power consumption anyway.

Take a lool at http://www.bitcoinx.com/profit/

 

[RobinHood]

Will take an awful long time to make any on a laptop I imagine too

 

[illUminuSS]

there was a news item on them a few days ago.
Some guy disposed his harddrive and missed out on millions

 

[Storm3y]

I just set it up on my computer, I'm running a HD 5450 card which is pretty pants but over 12 months I would of made $0.78 profit.

 

[CannonFodder]

try litecoin

 

[God UK]

I've been running a litecoin miner for a couple of days now, its really not very effective on my laptop (getting about 40khash/s) which translates to about 0.5 litecoins for 3 days.
I don't pay for power though so who cares

It works a lot better on AMD stuff, but if your nVidia use Cudaminer.

If i leave it going i might even get 1 litecoin by the end of next week, worth about £15 atm, but could explode like bitcoin...

 

[CannonFodder]

so thats what the lag on TS was eh God

 

[RobinHood]

£15 a week ain't bad if you get a coin a week and it ends up exploding like bitcoin

 

[beermadhatter611]

so how do u transfer them to cash?

 

[God UK]

You can sell them through a website, im note sure what site my mate has used. i can find out if your interested?

 

[beermadhatter611]

yes pleasem8 as going to end up with about 2 a week atm but looking to ramp it up a bit more lol as money for free from work!

 

[God UK]

my mate has been using: https://www.cryptsy.com

 

[God UK]

That's between virtual currencies though.

If you want to do it to real money, you can use:
https://www.virwox.com/ Which goes via Second Life's Linden Dollar
or https://btc-e.com/

 

[FFF TaTs]

just get a job ya bunch of gypos lol

 

[RobinHood]

 

[God UK]

Almost tempted to buy a second R9 290 for the quicker return

 

[RobinHood]

I hope for your sake you don't pay your leccy bill