Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: THeZoiD on February 12, 2014, 05:41:19 AM



Title: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 12, 2014, 05:41:19 AM
Now that the BTC value went down is it worth mining ?????

The value of all other alt currency is attached to the bitcoin now that its half its value the payoff for alt is almost nothing....

my question is if bitcoin fail one days is it gonna be the end of cryptocurrency  :'(

should we try to detached atl currency to the value of the bitcoin?   ???


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: SlidingHorn on February 12, 2014, 05:43:14 AM
Now that the BTC value went down is it worth mining ?????

The value of all other alt currency is attached to the bitcoin now that its half its value the payoff for alt is almost nothing....

my question is if bitcoin fail one days is it gonna be the end of cryptocurrency  :'(

should we try to detached atl currency to the value of the bitcoin?   ???


ZOMG TEH SKYZ AR FALLIN!

Spark one up, gobble up the coins when people freak out (like this) and sell off all their Ƀ, and enjoy the profit when it rebounds.


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: kozmos on February 12, 2014, 05:44:41 AM
yes keep mining, the drop of bitcoin's rate is due to transfers problem had been been caused by the " geeks "  at MtGox side.

expect the rate will rise again :) actually it is the best time for mining and stacking coins at a low rate with lower difficulties to earn profit later on with the increase of the rate


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: DubFX on February 12, 2014, 06:01:12 AM
I expect it to rise too. Everone is just panicking as retarded.


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: Bluestreet on February 12, 2014, 06:05:37 AM
Now that the BTC value went down is it worth mining ?????

The value of all other alt currency is attached to the bitcoin now that its half its value the payoff for alt is almost nothing....

my question is if bitcoin fail one days is it gonna be the end of cryptocurrency  :'(

should we try to detached atl currency to the value of the bitcoin?   ???

I believe there is a real threat coming to bitcoins supremacy and that will be iCoin... not now but in a couple of years time.

You may all go ahead and laugh at me, but I am being serious here.


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: AllAboutTheBenjaminsBaby on February 12, 2014, 06:10:50 AM
Smart miners are switching their ASICs to Benjamins before it hits more exchanges: https://bitcointalk.org/index.php?topic=444543.0


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 12, 2014, 06:42:50 AM
im not scare for bitcoin...

i dont really have much invest in it , i use as a way to cash in on my alt currency...

what im scare of is that if bit coin drop to 100 usd  alt cryptocurrency wont be worth mining...

i dont have asic miners

it would be to bad  :'(


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: rtm on February 12, 2014, 07:03:14 AM
I expect it to rise too. Everone is just panicking as retarded.


+1


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 12, 2014, 07:21:37 AM
Now that the btc is low we should get more btc for are alt...


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: Mr.V on February 12, 2014, 07:36:39 AM
Yes altcoins need to detach their value from bitcoin. The only reason why ppl buy BTC now is because its the only way we can buy altcoins


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: CoinManiac on February 12, 2014, 08:55:21 AM
Bring ur ASIC Miners and mine Stories (STY). Currently mining power is 8 TH

Here is the link

https://bitcointalk.org/index.php?topic=451343.msg5094578#msg5094578


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 14, 2014, 07:17:17 AM
here we go    now at 385$ on mtgox

now we need to separate alt crypto from bitcoin

 :o


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 14, 2014, 07:22:03 AM
and i dont understand why we dont get more btc for are alt

the price of the mh/s for rental rig went up when the btc went down

i think its a conspiracy from investor....they get the alt coin for way cheaper...and miner are getting screwed>>>


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: hostmaster on February 14, 2014, 07:25:12 AM
 ;D YES best time to mine and hold.


Title: Re: Should we continue Mining !!!!!!!!!!!
Post by: THeZoiD on February 14, 2014, 07:34:07 AM
;D YES best time to mine and hold.
i start not to long ago
and my equipment is very low a kh/s
so im trying to build up my rigs so i rely alot on rental but now they are getting more expensive