Its not all i7's, only the i7-980X (extreme series) about $1000. Here's the benchmarks - see the AES256 results
http://www.tomshardware.com/reviews/overclocking-phenom-ii-x6-efficiency,2633-8.html Of course, the i5 also had this, but it is still slower. http://www.tomshardware.com/reviews/core-i3-530-overclock-lga-1156,2626-6.html ----- Original Message ----- From: "Anon Mus" <[email protected]> To: <[email protected]> Sent: Tuesday, November 16, 2010 1:07 PM Subject: Re: Bitcoin And The Electronic Frontier Foundation > Kyle Williams wrote: > > Coderman sent this to me, and I'm a little upset because the extra > > $60.00/month for 0 bitcoins is very annoying. I have since stopped > > trying to generate bitcoins, because it's just wasting electricity. > > More comment inline below debating this point. > > > > > > For those who are wondering if it's worth trying to generate bitcoins, > > here is something to think about. > > I've had a single Quad-Core (2.6GHz/core, 12MB L2 cache) server > > crunching on bitcoins for about 6 months now. About 2-3 months ago, > > it stopped generating bitcoins. > > Someone is out there with a lot of GPU's, crunching away at the > > bitcoin network and is hording/generating all the bitcoins. I say > > this because the amount of chatter on the bitcoin forums in regards to > > GPUs vs CPUs has exploded, and new GPU clients are being released. > > > > > > ---------- Forwarded message ---------- > > From: Jeffrey Paul <[email protected] <mailto:[email protected]>> > > Date: Mon, Nov 15, 2010 at 11:22 AM > > Subject: Re: Bitcoin And The Electronic Frontier Foundation > > To: coderman <[email protected] <mailto:[email protected]>> > > Cc: Sarad AV <[email protected] > > <mailto:[email protected]>>, Eugen Leitl <[email protected] > > <mailto:[email protected]>>, > > [email protected] <mailto:[email protected]> > > > > > > -----BEGIN PGP SIGNED MESSAGE----- > > Hash: SHA256 > > > > > > On 15 Nov, 2010, at 19:19 , coderman wrote: > > > > > > > > the cuda cards are killing bitcoin, why bother? > > > > > > (i suppose it is an interesting footnote...) > > > > > > > > Nothing could be further from the truth. Mining/Minting operations > > have little/nothing to do with the viability of the network itself. > > > > > > That's correct, it has to do with the number of operations per second > > you CPU/GPU can do. The network is based on the number of supporters. > > Apple's and oranges. > > > > > > It's a novel way of dealing with inflation, but, if anything, the easy > > availability of cheap and fast GPUs is accelerating adoption. > > > > > > You're twisting facts together here, again apple's and orange's. > > Inflation aside, GPUs will generate bitcoins much, much faster than a > > CPU. > > > > > > > > Opportunists will quickly drive the profit from generating down to > > almost exactly that of the power costs, but that's to be expected. > > > > > > No, the value of bitcoins starts to be cut in half as the more > > bitcoins are generated. > > > > "The number of blocks times the coin value of a block. The coin value > > is 50 bc per block for the first 210,000 blocks, 25 bc for the next > > 210,000 blocks, then 12.5 bc, 6.25 bc and so on." > > -- http://www.bitcoin.org/faq#What-s_the_current_total_amount_of_Bitcoins_in_existence > > > > So when the value of BTC's starts to be cut in half, and with > > INFLATION now at a record high, the cost of electricity is NOT GOING DOWN. > > Hence, the chance of you generating bitcoins will go down because a > > CPU can not compete with someone else's GPU, more power/electricity is > > being used to generate (or not generate) bitcoins, and after the last > > six month's of running bitcoin, I haven't generated a single block in > > over two months because someone has already cornered this market with > > GPU's. > > > > They are also the driving force behind a free market. Or do you think > > they are killing those, too? :) > > > > > > Of course someone quotes the "free market" when they have a large > > corner of it. Free market's always FAIL when someone is hording all > > the (bit)coins, and while it may support free market's, it certainly > > is not a fair market today. If 2,000,000 bitcoins are spread about a > > few thousand people, and 19,000,000 coins are held by 1 person, your > > "Free Market" goes down the drain because one person could out-buy > > anyone else. > > > > One last point; by looking @ the #bitcoin channel on IRC, it shows > > that about 600 people are wasting their CPU cycles because someone has > > most likely has a cluster of GPU's working away at this. This is the > > wasted cost of TRYING to generate a bitcoin. If only one person can > > generate the block (ie, 50 Bitcoins right now), then 599 people are > > wasting their electricity and time. So the ~$60 a month (increase in > > my electric bill) * 599 = $35,940. Even if we decide to be really > > conservative (not realistic in this case) and cut this cost down by a > > tenth, it's still ~$3,594 being wasted per month while someone else > > get's the coins. How "green" or "eco-friendly" is that? > > > > Now I ask the community, If your chance of generating a bitcoin block > > for yourself is slim-to-none, would you want to waste your time and > > money trying to generate bitcoins? > > > > Don't get me wrong, I hate what is happening to the USD, and love the > > idea of crypto currency, but I see some serious flaws with bitcoin. > > He who has the biggest cluster will win the day, and leaves the rest > > of us with next to nothing. > > > > - Kyle > A few months ago I saw this as well using a dual core 2.666, but I found > a little trick which increases the coin production. Just re-boot every > 2-3 days, then you usually get a flush of coins. > > At the time I considered getting an i7, just out, which has on chip > hardwired encryption circuits. Its lightning fast on generating the > hashes and even half a dozen of these were generating bitcoins then > anyone with lesser technology doesn't stand a chance. > > http://www.intel.com/products/processor/corei7/index.htm > > It sounds to me like these are now being used. Time to upgrade. It would > be interesting if anyone had experience of using the i7. > > On the question of cost. If you have a machine which already has to run > 24/7 (say a Tor node) then the extra cost of max CPU usage is about > $5-15/mo. (My dual core costs about $15/mo without bitcoin) > > > > *********************************************************************** > To unsubscribe, send an e-mail to [email protected] with > unsubscribe or-talk in the body. http://archives.seul.org/or/talk/ *********************************************************************** To unsubscribe, send an e-mail to [email protected] with unsubscribe or-talk in the body. http://archives.seul.org/or/talk/
