BitCoin Mining on Clevo Laptops

More on BitCoin here: Bitcoin - Wikipedia, the free encyclopedia

As the name says, how many MHash do you get with current hardware ?
460m sli yealds me about 33-34 Mhash each.

I'm told AMD architecture is better at mining BitCoins, so i am to expect a 300 per 7970m Card

Anyone with 680m tried mining bitcoins ?

 

i dont get what this is, can you explain in a few sentence?

 

Read the wiki.

In short - its a fiat, electronic, untraceable money system. The ledger his publicly held and processed, which is basically a giant puzzle. If your computer solves the puzzle, you get 50 bit coins. Bit coins can be exchanged for goods, services, and even cash. I looked at one place that puts the current value of a bitcoin at around $12. Before you think your gonna make $600 a day, its a bit harder then that. I read somewhere that if your individually worked on it, it would probably take 6 years to solve a puzzle and get the 50 on your own. People join pools to make steadier incomes, etc.

That is all I know. The part Im trying to figure out is the best pools to join, etc.

 

It's mostly A) A pyramid scheme, the people who got into it early got a lot of coins easy, and it gets harder and harder. I think it stopped being profitable several months ago, since you would still have to pay for power.
Also B) The reason that people still use bitcoins is that you can use the to buy illegal drugs online, since they are "untraceable".

If you are considering mining bitcoins in October 2012, you have pretty much already lost.
I think the only ones who actually made any money from bitcoins where the people who ran the trading sites.

 

Which I figured, but considering I already have the hardware and in a few months will have two very nice computers in the house... I'm curious about it!

 

It was an idea to have a currency system that was not controlled by central banks and used an algorithm to allocate the available wealth. So you mine for bit coins using a complex algorithm. And there is a fixed amount, so eventually it will all be gone. This tried to make currency more "fair" I believe. But as you can see, the major flaw to this is that as early adopters have a much higher chance of mining bit coins than late adopters. Also the value of bitcoins have decreased I think.

And yes AMD's GPGPU is much faster than Nvidia, which was proven when a security firm found a AMD consumer GPU could break an encryption faster than a professional Nvidia Quadra that cost 10x more few years ago. Then it was shown with bitcoin and there was a mad rush to buy 5870s. I remember seeing NewEgg being sold out on every high end AMD GPU.

I haven't heard much about it since.

 

This guy laughs at you all




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AMD is the way to go if you are going to mine bitcoins. Even 2xGTX590 (4 cores) doesn`t even beat a single 5870. LOL

 

You see some of those things and its like why even bother?? lol

 

Yeah haha, a very small fish in a big pond full of sharks

 

This guy suck

here the the real mining

 

The fun thing is: they will never make back the money on the hardware they bought. Also, they will most likely just waste money on electricity.

But if they want to measure their tech-es together I say, let them

 

If anyone is interested, my friend gets 65 MHashes on his 680, 85 MHashes with a 980mhz core overclock.... doesnt seem like much though, does anyone know what a 7970m yields?

 

I am getting 40 MHash/s with my Sager 8170 here (GTX 560M) @ around 75 degrees Celsius (and increasing )

 

Everyone laughing at this has no idea what they're talking about. When this thread was started, 1 btc was $40. They're currently at $150 and rising. It's essentially become an investment game. Though I will admit, years ago when bitcoins were worth only a few cents, I dismissed the idea as well considering it wouldn't even pay for the power it'd consume. But if I had only stuck with it...

Let me put it this way. Someone on another forum recently caught wind of the sudden bitcoin explosion, and remembered he had a stash of them on old HDD's. When he stopped mining years ago, his stash was worth maybe $10.

It's currently worth approximately $1.1Million.

 

It is a well known fact that nVidia GPU's suck at mining. Can't be helped.
But my P170EM with a 7970m running at 1017/1350 does 380Mh/s.
The 3720QM CPU at 3.6GHz does about 9Gh/s... So a P170EM does 389Gh/s.
Right now that's about seven bucks a day I make when siphoning other people's power

 

380 mhash is pretty good, i guess Ill just invest in the coins themselves for now...

 

If you decide to mine bitcoinds, get 7970M CFX then. Do not get 680M!!!

 

Bubble burst today. Went from $120-$260 in a matter of days, plummeted back to $150 today and still dropping.

 

yeah saw that its back up close to 200 again tho

Sent from my Nexus 4 using Tapatalk 2

 

wait and see i guess.

 

Probably you wanted to say 9Mh/s, not 9Gh/s.

 

Bitcoin mining becomes harder and harder exponentially with time passing, this is by design of network.
To mine nowadays you need something like that, not a laptop:

 

What you want is a dedicated ASIC that mines at 60GHashes

 

We have been debating that exact thing in the office the last few days

 

lol@derek

Sent from my Galaxy Nexus using Tapatalk 2

 

Haha, we can't just talk laptops all day. Been trying to convince these guys to go in on some ASIC machines from butterfly labs.

 

lol omg u were actually being serious

double lol

Sent from my Galaxy Nexus using Tapatalk 2

 

For 86g/s ASIC machine costs $1300. I wonder how fast can it pay itself off?

 

Depends on if there are many more of these major fluctuations happening. We started looking into it a couple days ago when it was $220 a coin according to Mt Gox, topped out at 265 that day, and then the next day dropped to $150 when we checked again. According to quick math I did and relying on generally unreliable information found on the internet 4 coins a day approximately.

 

What asic is that? Asicminer dont sell, avalon are sold out and their price was 75 btc, butterflylabs will never deliver...

Itll pay itself off within the first week, just have to find one lol..

 

Sorry, meant 84 Gh/s for $1399. Uses 360 Watts, lot more power efficient that using AMD GPUs that run way too hot already.

www.labsnovo.com

Seems nifty since you can connect up to 4 of them to your PC via USB.

 

a quick google search revealed them to be a scam.. I wouldnt buy one of those

 

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