My wallet is encrypted and safe, and my first Bitcoin is ready to sell, how exactly does this work and where can I sell it safely?
congradulations, you just spent more money on electricity than you gained in bitcoins. https://en.bitcoin.it/wiki/Trade Oh wow... I just found out the value is back to $120 usd ... last I checked it was under 5usd...
Even when they were right up higher than that, I mined for half a day and worked out I would only break even, so gave up with that idea Electric companies probably came up with the bitcoin originally
I don't pay for my electricity. I am in college and on a scholarship, my room and board is all free... Now if you can answer my main question...
https://mtgox.com/ Try here. How long did it take you to mine it? My GTX 680s are pathetic at mining. I think both cards give me about 220 Mhash/s combined, which is pretty poor compared to the Radeon 5 series.
I took a moment to take a look at some Bitcoin wikis, it seems nVidia's base cards aren't good at mining. The Titan might be a different story.
One bitcoin in five days? Are you sure it's a Bitcoin and not a Bit penny? 1BC = around £75 Did you leave your computer on for five days continuously? Or on and off?
The 600 series got raped in the Direct Compute department. My 580 Classified that I have in one of my folding rigs puts out more PPD than a 680 does.
bitcoin mining is a heavy compute monster and AMD cards shine in this area compared to Nvidia which is better used for Folding@Home. As for selling the bitcoin you got, I think depending on where you live you have to go through the proper channels as it is basically become a proper currency now and there has been a lot more "red tape" put onto it to try and stop "pirates".
i would like to understand this new trend but that wiki looks like a looong read EDIT: well i know how it works now, this is what i call globalization, someday this will be the only currency for the modern world, and maybe we need facebook id's same way as citizen ids in our country for the near future :/
My sentiments exactly, better get into it before it's too late. Problem is I keep spending my Bit-Pennies on marijuana and other stuff.
Download guiminer-20121203 https://bitcointalk.org/index.php?topic=1334.0 make a bitcoin wallet https://coinbase.com/ register to either here or here to open a mining client and use its url in that mining app, also enter bitcoin wallet url in your account so it transfers the money there https://mining.bitcoin.cz/ https://deepbit.net/ Now start that mining app and make a new workload, select openCL and chose your gpu, in there enter your worker name and pass by above registered site and you're good to go - for example by mining.bitcoin.cz it already makes your worker name/pass (its not the same as your logon name/pass). I tried with my gpu but its slow... 165 mhases/s -_-
why not? Who can stop it? Just wait for amazon and ebay when they start using it and people can make money transfers with their smartphones using nfc without the need for banks and all that nightmare, that would be awesome
Don't use deepbit and don't use guiminer... That would be what you used 2 years ago. Both aren't decently updated in a long time. Use this miner: http://50miner.org/ And this mining pool: https://50btc.com Both are much better doing what they do.
