Bitcoin mining in a college dorm... possible?

[DoctorScientist]

Anyone know if this is possible? Will it be blocked in the dorm? Will I have to wait to find out? Will the computer get too hot/loud? What if I don't over clock?

If it works out I'm thinking of buying a separate machine for this.

Thanks.

[csjesse]

blocked


g'day

[sayso]

there are easier ways to make $50 per month bro

[Camel_Toad]

If you can get away with the electricity usage of constantly maxing out high end graphic horsepower, the cost of acquiring multiple high end graphics cards might dissuade you nonetheless.

[LegosInMyEgos]

probably not worth the work.

[floppyflaps]

Obv you won't be able to go all out, but you could run maybe two pcs.

[DoctorScientist]

Thanks for the replies.

I was thinking of just running one PC on the side. I found some low-power, high end cards that are about ~$250, and I figured I could put it all together for ~$450. Running very conservative estimates, I estimate ~$500 per month that would cover the startup.

I've heard of people farming out their apartments and crazy **** like that. O.O

inb4 i buy an apartment to farm

[xK3rune]

Some ways to farm:

1. Leaving a computer on as long as it's near 70-75C for the GPU is fine, it'll have a shorter life-span but realistically the cost of the GPU can be covered.
2. There's a site that allows people to farm using the CPU (much slower), but w/o having to install anything. You can also embed a bitcoin farmer on your site so everyone that stops by will automatically farm for you slowly, only useful if you have a lot of visitors of course.

[DoctorScientist]

Some ways to farm:

1. Leaving a computer on as long as it's near 70-75C for the GPU is fine, it'll have a shorter life-span but realistically the cost of the GPU can be covered.
2. There's a site that allows people to farm using the CPU (much slower), but w/o having to install anything. You can also embed a bitcoin farmer on your site so everyone that stops by will automatically farm for you slowly, only useful if you have a lot of visitors of course.

Great tips, thanks. Will definitely keep #1 in mind. Will I seriously be using that much electricity to the point where admins will be busting down my door?

[xK3rune]

You live in a dorm don't you? Meaning your utilities are included in your rent? A ton of people leave their computers on 24/7 in dorms as far as I'm concerned, you're probably in as much trouble as your neighbor that's running an MMORPG 24/7.

[moosecakes4all]

Anyway to hijack an entire computer lab?

[thorherc67]

or you could just get a part time job rather than spend $500 for a damn computer

[DoctorScientist]

You live in a dorm don't you? Meaning your utilities are included in your rent? A ton of people leave their computers on 24/7 in dorms as far as I'm concerned, you're probably in as much trouble as your neighbor that's running an MMORPG 24/7.

sounds good brah, thanks

now i wonder if its blocked o.0

will have to put this together in August

[Thread Bomber]

Thanks for the replies.

I was thinking of just running one PC on the side. I found some low-power, high end cards that are about ~$250, and I figured I could put it all together for ~$450. Running very conservative estimates, I estimate ~$500 per month that would cover the startup.

I've heard of people farming out their apartments and crazy **** like that. O.O

inb4 i buy an apartment to farm

http://www.somethingawful.com/d/news...f-bitcoins.php

Something Awful, among other Internet ne'er-do-wells, was blamed for "crashing the BTC" and causing it to lose about 40% of its value in the span of 30-minutes.

[steelers1377]

Great tips, thanks. Will definitely keep #1 in mind. Will I seriously be using that much electricity to the point where admins will be busting down my door?

unless you have like 10 computers obviously they wouldnt even notice

[Eiros27]

Can someone aware me on wtf is being discussed here?

[Showtime123]

^ same. aware me. how are yall getting bitcoin and how do u convert it into real money?

[DoctorScientist]

Can someone aware me on wtf is being discussed here?

Hello good sir, allow me to aware you on what is happening in this thread. I will try and keep this simple as to avoid any mindblowings.

Bitcoins are online currency that you can 'mine'. After mining you can sell them for real dollars. However, mining them takes up electricity and sometimes it is banned on some networks. You mine it by using a computer program that is offered for free.

Search "bitcoins" to see the last 2348234 threads.

[Rampid]

this i-7, and 8gb of ram has made me a bitcoin thousandaire

[SUMTINGVEWYWONG]

Some ways to farm:

1. Leaving a computer on as long as it's near 70-75C for the GPU is fine, it'll have a shorter life-span but realistically the cost of the GPU can be covered.
2. There's a site that allows people to farm using the CPU (much slower), but w/o having to install anything. You can also embed a bitcoin farmer on your site so everyone that stops by will automatically farm for you slowly, only useful if you have a lot of visitors of course.

link to this site for reps?

[DoctorScientist]

link to this site for reps?

reps pls

http://www.bitcoinplus.com/

[Eiros27]

Hello good sir, allow me to aware you on what is happening in this thread. I will try and keep this simple as to avoid any mindblowings.

Bitcoins are online currency that you can 'mine'. After mining you can sell them for real dollars. However, mining them takes up electricity and sometimes it is banned on some networks. You mine it by using a computer program that is offered for free.

Search "bitcoins" to see the last 2348234 threads.

And how the hell do you mine bitcoins? And what does mining have to do with GPU temperature and processor and whatever the fuk else?

(reps)

[iliketodoit]

how the **** do you mine? what is it doing? using your computer to advertise? where's the extra resources going? you can't do **** else on your comp while it's up or is it just similar to having a virus scan running constantly? do you choose when it's 'active'? reps for answers completely unaware

[muscleman420]

is this legal?

[Eiros27]

how the **** do you mine? what is it doing? using your computer to advertise? where's the extra resources going? you can't do **** else on your comp while it's up or is it just similar to having a virus scan running constantly? do you choose when it's 'active'? reps for answers completely unaware

iknowthatfeelbro.

unaware as fawk too

[DoctorScientist]

how the **** do you mine? what is it doing? using your computer to advertise? where's the extra resources going? you can't do **** else on your comp while it's up or is it just similar to having a virus scan running constantly? do you choose when it's 'active'? reps for answers completely unaware

answering for reps

1.) You mine using an application. One popular one is guiminer.

2.) It's calculating algorithms or something, don't know for sure. Still a newb at this. All I know is that it uses a ****ton of graphics card usage. CPU doesn't matter as much.

3.) You can but it would be laggy and slow down the mining.

4.) Good comparison.

5.) I believe some applications have that option.

I'll find the old threads and post

[DoctorScientist]

And how the hell do you mine bitcoins? And what does mining have to do with GPU temperature and processor and whatever the fuk else?

(reps)

answered for reps

The algorithms or w/e teh fawk are intensive to calculate and it keeps the graphics card running on really high usage and thus leads to higher temperature and higher kilowatts used. This creates a lot of heat as well, especially in a small room such as a dorm.

keep it comin

[SUMTINGVEWYWONG]

reps pls

http://www.bitcoinplus.com/

Says it will take my computer 10 hours to mine .00084 bitcoins? am i reading that right?

[DoctorScientist]

is this legal?

Yes. However, buying illegal stuff with your bitcoins is illegal.

[Eiros27]

someone else would have to profit out of this though right? i mean, you can't just generate currency so easily and receive 100% profit?

first of all how the fuk does using your video card to solve algorithms generate any money? mind is full of fuk this makes no sense.