Bitcoin, mining video card for money on the Internet

I just started mining and I have a couple of questions.

I've read a lot about it before I reverted to Reddit to get more help. But I just wanted to get some input from you guys rather to read threads and stuff that are 2 years old and what not.
So I just started mining today purely out of curiosity. I don't plan to make loads of cash but just to say I've mined a btc. Anyway, I'm in Slush's pool using GUIMiner, my wallet isn't fully syched yet but I'm mining, is that a bad idea? I have a couple more question. I appreciate your guys help.
1.How long do you guys mine for each day?
2.How long did it take for you to make your first full btc?
3.I read somewhere that mining would be dead in 1 or 2 months, (that blog being posted in February) is that correct?
4.I only have a 7870 and I have 330Mhash/s, what can I expect out of that?
5.I've read a lot of people giving other people advice saying you need 3 or 4 gpu's other wise you are only covering energy & fee prices, is that true?
6.With a rig like mine, single 7870, how much energy would it be costing me a day?
7.As of right now, I have 602 accepted shares & 3 stale/invalid. What does this mean?
Thanks, you guys are probably fed up of questions like these but I'd rather talk to someone than to read for hours through forums and blogs that are years old and may be incorrect.
submitted by Meljum to Bitcoin [link] [comments]

How come my bitminter client isn't functioning at the speed the bitminter shows me?

Whenever I use bitminter it says my speed is around 17 mhps which is only .02 ghps. However, when I go onto the bitminter website it says my power is 415 thps. As I am new to bitcoins and would like to use mining to get into it as apposed to investing cash, I would like some advice to why my speed is so slow.
submitted by jasonk123 to BitcoinMining [link] [comments]

New to this who Bitcoin mining thing. Just have some questions.

Im usually pretty good a googling everything but a lot of websites seem to be down.
Just have some questions about Bitcoin mining if anyone would like to shed their light on me.
1.) I am running a java based clint though Bitminter. (Its the only one I can get working on the mac) It says that I'm getting a speed of 50 - 60 Ghps. Is that good? How much bitcoin with that generate. It has been spinning for 3 hours and i haven't generated anything just around 200,000 work units started on.
2.) It says that the approx. mint speed is between 1.5 to 2 bitcoin per day. Is that what I'm going to receiving?
3.) When it checks my live stats it says that I'm not contributing anything when the client says im doing 50-60Ghps.
Sorry for being a N00b. I appreciate everyone in advance for helping me.
Edit BitMinter is now saying I am doing stuff but only at 0.143 Mhps where the client is saying 60Ghps. I'm clearly missing something here.
submitted by strikerthedj to Bitcoin [link] [comments]

N00b here. Need some help :D

Im usually pretty good a googling everything but a lot of websites seem to be down.
Just have some questions about Bitcoin mining if anyone would like to shed their light on me.
1.) I am running a java based clint though Bitminter. (Its the only one I can get working on the mac) It says that I'm getting a speed of 50 - 60 Ghps. Is that good? How much bitcoin with that generate. It has been spinning for 3 hours and i haven't generated anything just around 200,000 work units started on.
2.) It says that the approx. mint speed is between 1.5 to 2 bitcoin per day. Is that what I'm going to receiving?
3.) When it checks my live stats it says that I'm not contributing anything when the client says im doing 50-60Ghps.
Sorry for being a N00b. I appreciate everyone in advance for helping me.
Edit BitMinter is now saying I am doing stuff but only at 0.143 Mhps where the client is saying 60Ghps. I'm clearly missing something here.
submitted by strikerthedj to BitcoinMining [link] [comments]

Are all the bitcoin mining calculators wrong and is bitcoin mining based only on luck?

If I understand correctly, pools compete with each other to find the right hash of a single block before the others.
The first pool finding the hash gets the 25 bitcoins + fees.
The fact that a pool finds the hash before the others is based on pure luck. All the users of each pool continue to submit hashes. When one of those hashes complies with the difficulty level, the pool has mined the block and gets the bitcoins.
For example, I am mining right now on the gnash.io pool and the pool was able to get the right hash of many blocks one after the other. I get the same amount for each block mined, roughly 0.000026 for 1 Ghps. If the pool mines 5 blocks a day, I get 0.00013 bitcoins, but if the pool is lucky and mines let's say 15 blocks a day, I get 0.00039 bitcoins.
Bitcoin mining calculators can't predict this.
EDIT: just to confirm this, the pool I am using mined 29 blocks yesterday and 40 the day before.
submitted by botolo to BitcoinMining [link] [comments]

Best Bitcoin Mining Software That Work in 2020 🍓 - YouTube 5GHs Bitcoin mining rig - YouTube Bitcoin Mining Software ~ Free Activation Key 2020 - YouTube Raspberry Pi 4 Bitcoin Mining For 24 Hours! - YouTube What is Bitcoin Mining? (In Plain English) - YouTube

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Best Bitcoin Mining Software That Work in 2020 🍓 - YouTube

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