Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: RawDog on August 18, 2014, 06:37:21 PM



Title: Double Whammy
Post by: RawDog on August 18, 2014, 06:37:21 PM
Ouch!

Difficulty will take a huge jump up tomorrow and the price of Bitcoin is down.  Is ANYONE making money in mining today?  I suspect nearly everyone is running a negative now.  What can possibly turn this around?

If you are thinking of getting into mining, you are crazy dumb and love to lose money.


Title: Re: Double Whammy
Post by: dropt on August 18, 2014, 06:38:28 PM
Good.


Title: Re: Double Whammy
Post by: RoadStress on August 18, 2014, 06:54:04 PM
Ouch!

Difficulty will take a huge jump up tomorrow and the price of Bitcoin is down.  Is ANYONE making money in mining today?  I suspect nearly everyone is running a negative now.  What can possibly turn this around?

If you are thinking of getting into mining, you are crazy dumb and love to lose money.


Thank you Spondoolies Tech for helping me earn more BTC/day today than I did 11 months ago despite the huge difficulty difference!


Title: Re: Double Whammy
Post by: Powell on August 18, 2014, 07:01:29 PM
I was making 1.5btc to 1btc a day for 3 months?  Total mined to date is close to 100btc (maybe 99btc).  At least BTC was worth more than it is today so I guess you didn't have much besides a ton of money sitting in SP's pocket?