Re: bitcoin mining

2014-03-21 Thread George Toft
I just bought two HP DL 380 G5's for a project. Server cost was under $500 for 32GB RAM, two quad core XEON CPU's, and four 73GB SAS drives with hardware RAID in a 2U package. That's 8 real cores of processing for $300 and they were quiet, too - it didn't sound like a turbine engine like most

Re: bitcoin mining

2014-03-20 Thread Phil Waclawski
Well, you can also use it as a Blender 3D render farm ;) Phil Waclawski On Thu, Mar 20, 2014 at 12:21 PM, Michael Havens wrote: > cool. look what I found at > http://www.scribd.com/doc/211808/Computer-Cluster > > here is an excerpt: > > The Rocks operating system is made especially for clust

Re: bitcoin mining

2014-03-20 Thread Michael Havens
cool. look what I found at http://www.scribd.com/doc/211808/Computer-Cluster here is an excerpt: The Rocks operating system is made especially for clusters. Rocks is a RedHat based operating system. Rocks has a lot of interesting features which make your life easy. It is very easy to be installe

Re: bitcoin mining

2014-03-20 Thread Michael Havens
Man, I hate this I want so much to build one but I don't have any use for one. It will just sit collecting dust. So I will just have an expensive dust-bunny maker! :-)~MIKE~(-: On Thu, Mar 20, 2014 at 11:10 AM, Stephen Partington wrote: > well if you Google beowulf cluster you will find the

Re: bitcoin mining

2014-03-20 Thread Gilbert T. Gutierrez, Jr.
Mike, when the CPU's are running at 100%, 24/7, it eats some seirous power. The guys in my facility use about 50amps to 60amps of continuous power each, utilizing about a half cabinet worth of space each. Then there is the cooling and the power requirements for that. It is a serious business.

Re: bitcoin mining

2014-03-20 Thread Stephen Partington
well if you Google beowulf cluster you will find the first one i had learned about. but there are a number of options out there. the main thing is once you have it set up you need to figure out what you will do with it. and that is where it gets interesting because you then usually have to build a

Re: bitcoin mining

2014-03-20 Thread Michael Havens
I've always wanted to tether computers together for the experience and this is just giving me an excuse to do it! If I find my electric bill too high I can always stop doing it. But the question remains. what good are butcoins/feathercoins/anyoftheothercoins? Where can they be used? :-)~MIKE~(

Re: bitcoin mining

2014-03-20 Thread sean
You will be if you try to mine a cryptocurrency. I think you're underestimating how much processing power is needed to get coins. On Mar 20, 2014 10:06 AM, "Michael Havens" wrote: > I'll tell you Rusty, I currently have 2 computers that I keep on 24 hours > a day. I set it up so I pay a yearly av

Re: bitcoin mining

2014-03-20 Thread Michael Havens
I'll tell you Rusty, I currently have 2 computers that I keep on 24 hours a day. I set it up so I pay a yearly average per month and right now my electric bill is $78/month. I'm not too worried about my electric bill. :-)~MIKE~(-: On Thu, Mar 20, 2014 at 9:55 AM, Michael Havens wrote: > thanks

Re: bitcoin mining

2014-03-20 Thread Michael Havens
thanks for the advise I wish I could afford it, Gilbert. now if just tethering a bunch of computers together would work I could do that! Where could I spend this 'currency' at anyways? :-)~MIKE~(-: On Thu, Mar 20, 2014 at 9:03 AM, Gilbert T. Gutierrez, Jr. < mailing-li...@phoenixinternet.ne

RE: bitcoin mining

2014-03-20 Thread Carruth, Rusty
I spoke to a friend of mine some time back who has done some mining, and what I remember about what he said was: Originally, the problems were pretty easy, but they get harder as each problem is solved. Now the problems are very hard, so that at this point, you almost have to buy an asic-based

Re: bitcoin mining

2014-03-20 Thread Gilbert T. Gutierrez, Jr.
I have several customers mining in my collocation facility. They are using the custom ASICs. Every few months they seem to replace them with newer stuff. I can tell you the they use a lot of electricity and generate a lot of heat. You have to spend a lot of money to make money is all I can say.

Re: bitcoin mining

2014-03-19 Thread Michael Havens
never mind I just looked at their 'market place'. I think that it probably is going nowhere. I mean if you can't buy food what good is it? :-)~MIKE~(-: On Wed, Mar 19, 2014 at 4:42 PM, Michael Havens wrote: > here is a reference needed for my last email > http://www.eweek.com/cloud/slidesh

Re: bitcoin mining

2014-03-19 Thread Michael Havens
here is a reference needed for my last email http://www.eweek.com/cloud/slideshows/bitcoin-has-company-on-cryptocurrency-stage.html :-)~MIKE~(-: On Wed, Mar 19, 2014 at 4:30 PM, Michael Havens wrote: > I think feather coin is a good thing to mine because there is a market > already set up for

Re: bitcoin mining

2014-03-19 Thread Michael Havens
I think feather coin is a good thing to mine because there is a market already set up for it. What do you think? :-)~MIKE~(-: On Wed, Mar 19, 2014 at 4:18 PM, Michael Havens wrote: > holy moly! they want between 400 and 1 dollars for ASIC stuff. I > figured I'd try tethering a bunch of us

Re: bitcoin mining

2014-03-19 Thread Michael Havens
holy moly! they want between 400 and 1 dollars for ASIC stuff. I figured I'd try tethering a bunch of used computers together because that is what I can afford to do. :-)~MIKE~(-: On Wed, Mar 19, 2014 at 3:07 PM, Eric Cope wrote: > You will spend more money on electricity than any bitcoi

Re: bitcoin mining

2014-03-19 Thread Eric Cope
You will spend more money on electricity than any bitcoins you are able to mine with anything other than custom ASICs. If you want to fiddle around with a crypto-currency, I'd pick another one where mining on your personal laptop (or freely available PCs). Eric On Wed, Mar 19, 2014 at 2:51 PM, S

Re: bitcoin mining

2014-03-19 Thread Sesso
I have a list of all of the types of coin that are out there and the complexity to mine. I'll try to remember to post it in here so that you can research the different types of coin. Sent from my iPhone > On Mar 19, 2014, at 2:43 PM, Brian Cluff wrote: > > Look into ASIC based bitcoin mining

Re: bitcoin mining

2014-03-19 Thread Michael Havens
actually I have another use for the hardware if the bit coins become worthless so I am not overly concerned. :-)~MIKE~(-: On Wed, Mar 19, 2014 at 2:43 PM, Brian Cluff wrote: > Look into ASIC based bitcoin mining it's way way way faster than using > standard computers to do the mining. > >

Re: bitcoin mining

2014-03-19 Thread Brian Cluff
Look into ASIC based bitcoin mining it's way way way faster than using standard computers to do the mining. That being said, I would wait a little while and see how bitcoin plays out. It's on rocky ground right now and you might find that you have purchased a bunch of hardware and burned a to

Re: bitcoin mining

2014-03-19 Thread Michael Havens
what I'm thinking of doing is buying a bunch of used computers and turning them into a super-computer and using that for the bit-coin mining. What is super-computerizing called? :-)~MIKE~(-: On Mon, Mar 17, 2014 at 5:29 PM, Michael Havens wrote: > how do I get involved with this? Any pointers.