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Thread: "Folding" for profit, not fun - Bitcoin

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    Re: "Folding" for profit, not fun - Bitcoin

    Can anyone confirm what I suspect - this CPU/GPU usage goes to no cause apart from generating bitcoins? i.e. no force for good - just so you can make a virtual currency that can be traded with real currency?
    "In a perfect world... spammers would get caught, go to jail, and share a cell with many men who have enlarged their penises, taken Viagra and are looking for a new relationship."

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    jim
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    Re: "Folding" for profit, not fun - Bitcoin

    Correct

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    Re: "Folding" for profit, not fun - Bitcoin

    It does seem kind of pointless working for absolutely no reason at all other than to get bitcoins
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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by daniel.phillips View Post
    It does seem kind of pointless working for absolutely no reason at all other than to get bitcoins
    bitcoins=money, does it seem pointless to you to "work for absolutely no reason at all other than to get money"?
    Quote Originally Posted by Ephesians
    Do not be drunk with wine, which will ruin you, but be filled with the Spirit
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    Re: "Folding" for profit, not fun - Bitcoin

    I'm still in halls for the next three weeks.

    I.E. No electricity bills! Going to be running this non-stop until I move out, mostly out of curiosity to see if I can actually make a decent amount of money. Albeit, on my measly 27 Mhash/s...
    Cleavage is like the sun...Quick glances.

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by MadduckUK View Post
    bitcoins=money, does it seem pointless to you to "work for absolutely no reason at all other than to get money"?
    Haha yeah I phrased that incorrectly, it's obviously not pointless doing it as you get money. But the task itself seems wasted as you are putting in a lot of GPU effort that doesn't actually contribute anything to anyone else, if you see what I mean?

    Just imagine if this tied in with F@H, I bet the amount of people folding would increase dramatically.
    Last edited by Sprite; 13-05-2011 at 09:19 PM.
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    Re: "Folding" for profit, not fun - Bitcoin

    Ah, I begin to see why it's been cutting out.

    6970 with full airflow: 100C under full load

    5850 with no airflow (blocked in by the 6970): 86C idle.

    You can imagine what happens when the 5850 is under load too

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    Re: "Folding" for profit, not fun - Bitcoin

    I just watched a little introductory video for it, i also struggle to see the actual point in this 'currency'. They claim that you can use it to buy actual stuff, yet its basically free money.

    I dont get it!

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by Biscuit View Post
    I just watched a little introductory video for it, i also struggle to see the actual point in this 'currency'. They claim that you can use it to buy actual stuff, yet its basically free money.

    I dont get it!
    1. do stuff
    2. profit!

    Quote Originally Posted by Ephesians
    Do not be drunk with wine, which will ruin you, but be filled with the Spirit
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    Re: "Folding" for profit, not fun - Bitcoin

    but your not doing anything, your not providing anything for this currency

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    Re: "Folding" for profit, not fun - Bitcoin

    you must be, or they would be unable to gauge how much of this currency to give you.
    Quote Originally Posted by Ephesians
    Do not be drunk with wine, which will ruin you, but be filled with the Spirit
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    Re: "Folding" for profit, not fun - Bitcoin

    Finally got it to work - had to mess with Catalyst all morning. Had to install 11.2 to get APP installed, then install 11.4 and finally 11.5 to get the APP to the newest version.

    Running a 4830 at around 50Mhash/s. Should I be entering any flags that might up the number? The "-v -w128" just lowers it to ~44Mhash/s.

    And does anyone know how this plays with gaming? I.e. should I need to stop it when I'm gaming?
    Last edited by Queelis; 14-05-2011 at 03:29 PM.

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by Biscuit View Post
    but your not doing anything, your not providing anything for this currency
    You're processing data, and being paid in what I can only describe as vouchers. These vouchers are then being exchanged at certain places for money on an open market.
    Join the HEXUS Folding @ home team

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by Queelis View Post
    Running a 4850 at around 50Mhash/s. Should I be entering any flags that might up the number? The "-v -w128" just lowers it to ~44Mhash/s.
    Hey Queelis, I use: '-f 0 -w128' on my 4870s, they pull in 85Mhash/s each @ default clocks. -v (Use vectorS) just slows things down.

    Kick out a heck of a lot of heat though, and even if I run the client on just one GPU I get a lot of desktop lag.

    Mark

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by Tattysnuc View Post
    You're processing data, and being paid in what I can only describe as vouchers. These vouchers are then being exchanged at certain places for money on an open market.
    But what you are processing is the maintenance of the secure currency from what i can tell, its just sooooo wacky

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    Re: "Folding" for profit, not fun - Bitcoin

    Quote Originally Posted by Biscuit View Post
    but your not doing anything, your not providing anything for this currency
    You're contributing computer power. They give out a fixed (and decreasing) amount of bitcoins each month (or whatever period of time), these are divided up among those who contributing compute power, with the largest portion going to those who contribute the most power. The more people and computer power that gets involved, the less you get for your contribution.

    Beside that it's a bit of a wibbly stock thing.
    Last edited by kalniel; 14-05-2011 at 02:38 PM.

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