Is this good for bitcoin mineing?

[Port]

I don't understand this. What are they DOING with your GPU that you can't just PRETEND to do instead?

How can you just pretend to send back the correct results?

[Ad Bot]

[Chrono]

I don't understand this. What are they DOING with your GPU that you can't just PRETEND to do instead?

(Unless it's factoring primes or something that's likely to be as hard pretending to do the task as just letting them actually use the GPU, but if they're factoring large primes using thousands of computers then they probably have more illegal things in mind than you would be doing by pretending to do the factoring.)

Because your GPU is doing millions of calculations to figure out the correct hash.

[devildogelite]

Do you even know what a bitcoin is worth? That isn't bad.

That's loving terrible, what are you talking about? At the current price that would be like $150 in a year. That's if you do it 24/7 and never use your computer for games.

[Fredulus]

Do you even know what a bitcoin is worth? That isn't bad.

lololol

[Ipquarx]

I don't understand this. What are they DOING with your GPU that you can't just PRETEND to do instead?

(Unless it's factoring primes or something that's likely to be as hard pretending to do the task as just letting them actually use the GPU, but if they're factoring large primes using thousands of computers then they probably have more illegal things in mind than you would be doing by pretending to do the factoring.)

It's using your GPU to compute hashes, and since there are trillions upon trillions of different hash combinations that could be the one used to collect the block, the only way is a flat out brute force attack.

And by trillions upon trillions I mean 115 quattuorvigintillion, or 1.158 * 10⁷⁷.

[NalNalas]

quattuorvigintillion

Is that even a real word

[Ipquarx]

Is that even a real word

yes, it's 2²⁵⁶-1 since the hash algorithm you have to use is SHA-256

http://www.wolframalpha.com/input/?i=2%5E256-1

[dkamm65]

It's using your GPU to compute hashes, and since there are trillions upon trillions of different hash combinations that could be the one used to collect the block, the only way is a flat out brute force attack.

And by trillions upon trillions I mean 115 quattuorvigintillion, or 1.158 * 10⁷⁷.

That's nearly 1 hash for each atom in the observable universe.

lol

[Tokthree]

That's nearly 1 hash for each atom in the observable universe.

lol

Lods

[Fluff-is-back]

Order an ASIC miner from BF Labs for around $150 or something, they have speeds of 4GH/s for the cheapest model.

[Kalphiter]

Order an ASIC miner from BF Labs for around $150 or something, they have speeds of 4GH/s for the cheapest model.

$274 now and upped to 5GH/s from 4.5GH/s

[Tyler66]

Lods

I don't get i-

Oh god
Oh god my sides

[Slammer1337]

so let me get this straight

bitcoin mining is basically getting free money

[shyGriff]

so let me get this straight

bitcoin mining is basically getting free money

from what i understand not entirely since you have to have a good computer

[Slammer1337]

from what i understand not entirely since you have to have a good computer

Yeah, looks like I'm not doing this stuff.