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View Full Version : Bitcoin, Ubuntu 12.04 anybody?



candtalan
March 17th, 2013, 10:49 AM
I thought I would have a look at Bitcoin to see what it was etc. I am finding (I think) that it (bitcoin-qt, vers 0.8.0 beta) is not running well on Ubuntu 12.04, although as a beginner I am not quite sure what to expect. And also, possible problems with the network of external users complicate things too. Is anyone here a successful regular user, with 12.04? any advice please?
tia

jonnyboysmithy
March 18th, 2013, 08:17 AM
Its not running well? What is the problem?

And also, possible problems with the network of external users complicate things too.
You mean your internet connection is slow? It should be ok I would think, if its slow then it will just take longer for things to transfer. If its too slow it won't connect and then you'll know.

I downloaded the bitcoin-qt and made a launcher using the "Main Menu" program, it lets you make launchers with a name icon and all and it seems to be working fine.
I haven't tried the repository yet.

jonnyboysmithy
March 18th, 2013, 08:41 AM
EDIT:removed double post

haqking
March 18th, 2013, 11:23 AM
What is it not doing ?

Bitocin the application doesnt do anything on its own, if you are mining then I presume you have powerful GPU's and preferably more than one, or if not then you just have the wallet which holds your bitcoins should you buy some or mine them or scavenge them online.

Read here http://www.weusecoins.com/mining-guide.php

HermanAB
March 18th, 2013, 11:45 AM
Well, it is really only the first people to get into a Ponzi scheme that make money, the rest are all losers. At this stage of the game, you can only do Bitcoin mining with specialized, expensive hardware. Even GPU based systems do not work anymore.

haqking
March 18th, 2013, 12:08 PM
Well, it is really only the first people to get into a Ponzi scheme that make money, the rest are all losers. At this stage of the game, you can only do Bitcoin mining with specialized, expensive hardware. Even GPU based systems do not work anymore.

Ponzi scheme ?

You dont need to mine to get bitcoins, you can also buy them and trade them back, they are now around $33 per bitcoin, they were around $5 at one point. I booked a new holiday 2 weeks ago thanks to the rise.

You can also scavenge them.

It is not a scheme, it is a digital currency, use it how you will.

Dry Lips
March 18th, 2013, 06:18 PM
I just found this excellent guide for mining bitcoins on Ubuntu...


Complete Guide To Mine Bitcoin on Xubuntu 12.04
https://docs.google.com/document/d/1Gw7YPYgMgNNU42skibULbJJUx_suP_CpjSEdSi8_z9U/edit?pli=1#

candtalan
March 20th, 2013, 11:41 AM
I just found this excellent guide for mining bitcoins on Ubuntu...

Complete Guide To Mine Bitcoin on Xubuntu 12.04
https://docs.google.com/document/d/1Gw7YPYgMgNNU42skibULbJJUx_suP_CpjSEdSi8_z9U/edit?pli=1#

This guide is specific for amd graphics - do I understand correctly?

haqking
March 20th, 2013, 11:50 AM
This guide is specific for amd graphics - do I understand correctly?

yes, AMD was always preferred anyways.

But people tend to use specialist devices these days https://en.bitcoin.it/wiki/Mining_hardware_comparison

Unless you are running a server farm it is near pointless using one machine or GPU to generate bitcoins now though.

candtalan
March 20th, 2013, 03:57 PM
Ah, OK. My machine has humble on board graphcs reports as
Intel Corporation 4 Series Chipset Integrated Graphics Controller (rev 03)
But I am really curious to have a go, in a pool or something. I have better hardware soon, but it would be good to have a grasp of the process on my existing hw.

haqking
March 20th, 2013, 04:04 PM
Ah, OK. My machine has humble on board graphcs reports as
Intel Corporation 4 Series Chipset Integrated Graphics Controller (rev 03)
But I am really curious to have a go, in a pool or something. I have better hardware soon, but it would be good to have a grasp of the process on my existing hw.

LOL you have next to no chance with onboard.

I can tell you even with new hardware you wont reap any rewards from a single GPU.

If you want to earn from mining now you need to dedicate multiple equipment and time to it.

If you want to earn from bitcoins then buy some and wait for the price to rise again , like they did recently. But of course the price may drop.

Unless you have decent equipment and time then bitcoins are merely a currency and no real feasbile way to 'mine' them to any great amount.

There are plenty of course online to get free ones including online mining which I leave running all the time and share the URl to friends who then mine for me at http://www.bitcoinplus.com/

along with many more. I tend to make around 3 free whole bitcoins a month or so from scavenging and online mining in total which at the moment is around $99 so not really worth is though I dont put much effort into it.

Dry Lips
March 20th, 2013, 06:33 PM
along with many more. I tend to make around 3 free whole bitcoins a month or so from scavenging and online mining in total which at the moment is around $99 so not really worth is though I dont put much effort into it.

What do you mean by bitcoin "scavenging"?

haqking
March 20th, 2013, 06:38 PM
What do you mean by bitcoin "scavenging"?

getting free ones such as this http://dailybitcoins.org/ amongst many.

candtalan
March 20th, 2013, 07:19 PM
LOL
Anyway I would love to know that one bitcoin out there rolling around was mined by a pool I was in :-)

Dry Lips
March 21st, 2013, 11:23 AM
getting free ones such as this http://dailybitcoins.org/ amongst many.

I've previously had a look at such pages, and unless you're cheating and use bots, you'll earn a lot more bitcoins from GPU mining with a single, cheap graphic adaptor, than scavenging.

Otherwise I don't see how you are able to earn 3 whole bitcoins a month by "online mining & scavenging", unless you have hundreds of friends who have agreed to Java mine for you.

Paqman
March 21st, 2013, 03:14 PM
Mining was viable if you were doing it early enough. These days you'd probably spend more on the extra electricity than you'd get back in bitcoins