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- Jun 17, 2016
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I've successfully received cash from this forwarding address.@Null Last I read you didn't have the cash option because your new address had not been doxed?
I don't mind the mining but I'd as soon send you folding money. I'll look for the addy.
#kachowned
Praise the i7!At full-tilt cpu usage; absolutely irrelevant slowdown to the site or any other aspect of browsing. God bless the i7.
Heil Null.
Tl;dr on how bitcoin works: the miners (either dedicated computers or, with this new site addition, all of our computers) solve math problems, really intense calculations for verifying other bitcoin transactions. You get paid in new bitcoin as you help verify transactions. That's why people can't just make up two billion bitcoins; that shit gets verified by the very process of minting more, so the only way into the whole system is to either help mine it or get paid in it.The only part I really don't get is how bitcoin mining even works and why you'd get bitcoin out of dedicating CPU power to it. That implies that someone is paying an hourly rate for the bitcoin, so what are they using it for?
Tl;dr on how bitcoin works: the miners (either dedicated computers or, with this new site addition, all of our computers) solve math problems, really intense calculations for verifying other bitcoin transactions. You get paid in new bitcoin as you help verify transactions. That's why people can't just make up two billion bitcoins; that shit gets verified by the very process of minting more, so the only way into the whole system is to either help mine it or get paid in it.
That's my basic understanding of it, anyway. Someone better versed in it could probably explain it better.
You're probably not just gonna compete on an old machine. Dedicated miners exist for this shit now, and those dominate the mining scene. If you still wanna give it a shot, here's a guide on mining software.Wow, Bitcoin is surprisingly more sophisticated than I remember it being.
So let's say I have a spare computer I could use to mine bitcoin for, how would I set that up?
Wow, Bitcoin is surprisingly more sophisticated than I remember it being.
So let's say I have a spare computer I could use to mine bitcoin for, how would I set that up?
It would be pointless. Bitcoin was designed to increase in difficulty as more coins are mined, and now, the only equipment that can generate enough to be worth anything is huge arrays of application specific integrated circuits (ASIC). The only miners currently making anything on it are huge server farms, many of them in China. The electricity costs are staggering, and I would assume many of them are organized crime using stolen electricity.
At the very outset, most of it was mined with CPUs, but then as difficulty went up, it moved to GPUs (graphics cards), which can do a lot of the calculations faster. Eventually, though, people started designing and fabricating chips especially optimized and designed to do nothing but mine BTC. At this point, CPUs/GPUs and anything not tailored specifically to Bitcoin became worthless.
Monero is what this is mining. It's designed to be semi-resistant to ASIC by its calculations mostly being the sort already built in to x86_64 CPUs. It may itself hit a point where CPU mining is nearly worthless, especially if more GPU miners start putting more cycles into it.
As someone said earlier in the thread, the real money in a gold rush goes to the people selling mining equipment. That isn't quite the case here, but it is partly.
Think of it this way. You built a money making machine. You're selling it to someone. Why would you sell it for less than you could make if you just kept it and made money with it yourself?
before asic, there where fpga mining, which are basically non-application specific integrated circuits, as the wiring can be programmed.
@@||coin-hive.com^$third-party,domain=kiwifarms.net
We don't run any other ads, unless you're specifically blocking GAnalytics.I use uBlock, and here's how I whitelisted the miner for Kiwi only, without disabling adblock entirely for the site:
What browser? The logo is a bit of a CSS hackBy the way, even though the miner seems to work (cranking up the green cranks up my CPU usage) I'm not seeing the Kiwi logo, just the green circle. This is true even with adblock completely disabled.
Don't have to be a genius, you just need a passion for timing diagrams, clock domains not being able to explain wtf your job is to your girl.I didn't want to make a Ph.D. thesis out of it. FPGAs do have the advantage that you can just take an off the shelf unit and customize it (if you are a genius of some sort). You're pretty much stuck with whatever an ASIC does.
It would be pointless. Bitcoin was designed to increase in difficulty as more coins are mined, and now, the only equipment that can generate enough to be worth anything is huge arrays of application specific integrated circuits (ASIC). The only miners currently making anything on it are huge server farms, many of them in China. The electricity costs are staggering, and I would assume many of them are organized crime using stolen electricity.
At the very outset, most of it was mined with CPUs, but then as difficulty went up, it moved to GPUs (graphics cards), which can do a lot of the calculations faster. Eventually, though, people started designing and fabricating chips especially optimized and designed to do nothing but mine BTC. At this point, CPUs/GPUs and anything not tailored specifically to Bitcoin became worthless.
Monero is what this is mining. It's designed to be semi-resistant to ASIC by its calculations mostly being the sort already built in to x86_64 CPUs. It may itself hit a point where CPU mining is nearly worthless, especially if more GPU miners start putting more cycles into it.
As someone said earlier in the thread, the real money in a gold rush goes to the people selling mining equipment. That isn't quite the case here, but it is partly.
Think of it this way. You built a money making machine. You're selling it to someone. Why would you sell it for less than you could make if you just kept it and made money with it yourself?
Firefox 55.0.3 32-bit. No weird extensions besides uBlock and Ghostery.What browser? The logo is a bit of a CSS hack