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13001  Economy / Services / Re: ★☆★ Hiring Signature Campaign poster's(Daily Payment) (jr. and memb's) ★☆★ on: June 13, 2016, 11:57:38 AM
Hi OP! I think the pay per post is a little bit low, try to consider making it at least 0.0001, maybe I will try to consider it. You just can't find a good poster with that rate and would only result to spamming.
13002  Economy / Gambling discussion / Re: 2016 NBA Finals on: June 13, 2016, 11:52:26 AM
Game 5 is a surprise for the warriors fans. The cavaliers will make them cry at their own home court and even if curry is shooting better in the end it is the cavaliers who will win.
13003  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: June 07, 2016, 06:52:58 PM
For me, I will wait and see if the new AMD 490 cards still has the 512 bit memory bus, if it has and price is reasonable, I will buy.

The AMD 490 will have 1024 bit memory bus, that is the HBM2. But it might not be too fast for Ethereum mining.
13004  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: May 24, 2016, 07:08:11 PM
It depends on the development and the usage of the coin. I think Etherum is one of my top choice.
13005  Alternate cryptocurrencies / Mining (Altcoins) / Re: What should I mine on: May 11, 2016, 06:26:33 AM
Ethereum is best to mine for the time being. Its price has risen a lot in the last month. More rise could come.

The Ethereum is still the best to mine, even though the price has dropped 40%. But the difficulty is also rising fast.

The Ethereum was the best to mine, but its price has drop, and the difficulty has risen. The feather coin is best to mine now.

The feather coin price dropped. It is not the best to mine now. It is better to mine Ethereum. but it might not last long.
13006  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: April 27, 2016, 08:10:18 AM
Dam I think I should start a mining hosting farm...
thats not hosted in china Wink you know to keep it decentralized Cheesy


Guess im lucky here...

electric $0.06 from the service providers
$0.05 direct from the main power supplier.

and if we go solar.... <drum roll> 8hrs of sunlight in winter and 12 hours in summer.... hmmmm

 Roll Eyes Roll Eyes Roll Eyes

Now capital that's the problem *sigh*



Well there is a LOT of setup costs I personally would want cheaper then .05 to set up a hosting farm.  Personal mining sure on .05.  But with a hosting farm everything is bigger on costs.  Wiring and cooling, and getting electric company to set you up for that much electricity all comes out to be a lot of upfront costs.

So I don't think you will be profitable for quite a while after setup costs.  And this does not include how hard it will be starting to get people to trust you with their gear.

That is right. For home mining, 0.05/kWh is very profitable as you can use many existing facilities with no extra cost.
13007  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: April 14, 2016, 01:59:43 PM
The only problem is that a GPU is not built to be at near 100% load for extended periods of time, and often what happens is over a period of a month, even well-cooled gpus will start having the effects of heat and components will begin to degrade. I've had a dead R9 270X once mining ethereum for only 2 months. Thus most people buying gpus ask what it was used for if they're buying used gpus, and most people are unwilling to buy gpus used for mining as they know mining will shorten a gpu's life drastically. Unless the buyer is really desperate, few people will buy a used mining gpu as the wear can get pretty bad mining ethereum and other altcoin.

If you keep the temperature below 75c, will they die so easily? I have a few 7990 mining at 70c for two years.
13008  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: April 07, 2016, 09:22:48 AM
I think it's best to invest in altcoins that have been around for a while and have continuous development.
they should also bring something unique and fancy to the table and be undervalued Smiley
I think of BitBay or I/O Coin for example.

Several examples are the Dash, Monero and Ethereum. The litecoin is also around for some time, but it is just a clone.
13009  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: March 28, 2016, 07:28:03 AM
Right now it's hard to earn profit if you pay less then 10 cents.
Home mining is dead and the next step to centralization has already started.
It's just a matter of months before the game is over.

Home miner is getting harder and harder.  I consider myself a hobby miner slightly bigger then home with my mining area.   I had to get rid of last gen gear just as profit was to small, made far more selling them.

Will be intersting on what next gen gear costs, what difficulty does.  So many variables and not a lot of answers.
A cheap way to earn temporary profit is to setup a trickling solar panel to a battery, and running a low power useage asic until power is gone, stopping asic, trickling again, etc.
You'll be negative for a while due to initial investment, and if at all you ROI, last gen gear will take you over a year to roi. Raspberry pi controllers aren't feasible with solar due to them dying when power is lost, so that cuts a lot of usbs out (which basically kills profit except for a few mining, "standalones". A BFL is great since their easyminer can be used on android). As you can see my method is useless because of the complications, so I now really think 21 cent kw IS TRULY IMPOSSIBLE.

21 cent per kWh is not suitable for mining Bitcoin. But for the time being, it is OK to mine Ethereum.
13010  Alternate cryptocurrencies / Mining (Altcoins) / Re: What should I mine on: March 15, 2016, 11:45:46 AM
I recommend downloading the nicehash miner and letting it run for a while, then see what algo makes you the most money, then mine a coin with that algo or keep selling hashpower on nicehash or another site Smiley

This is a good idea to mine there. The most profitable coin there is probably X11, but it has ASIC now.

Has anybody seen the X11 ASIC? The difficulty is still around 3500 for Dash. I doubt it exists.
13011  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: February 29, 2016, 01:09:48 PM
The only profitable coin to mine at present is the Ethereum. But it is with GPU not any ASIC. If the price drops, it will not be profitable.

it dropped already i assume it's not proftibale anymore, since even without the drop the diff started to increase fast now with the drop it's done

The price of Ethereum is still high, around $5-6. So it is still profitable. If it drops to $3, it will not be profitable.
13012  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: February 16, 2016, 10:13:31 AM
The only profitable coin to mine at present is the Ethereum. But it is with GPU not any ASIC. If the price drops, it will not be profitable.
13013  Alternate cryptocurrencies / Mining (Altcoins) / Re: What should I mine on: February 03, 2016, 09:25:22 AM
How much can l get from 7950 mining monero/24h_?
Approximately, i'm just thinking to try to mine it..

For 7950, it is about 430H/s. So the daily earning is about $0.16.

You can do the calculation:

http://dwarfpool.com/xmr/calc
13014  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: January 20, 2016, 10:14:10 AM
dont forget that in 2016 btc income from mining will be half

but the value will be also very high, the current value already is about 100% more than what it was, so easily at this point will not count anything, incomparison when we were at 230

The price of bitcoin is not certain to rise. That is just a speculation. But the blockreward is going to halve, that is certain.

For this it is a big risk to start mining now.
Sure you can profit easily for 6 months.

But.. then what?

The bitcoin price might rise in long term. That is caused by adoption of the bitcoin as a payment method. It is valuable investment as well.
13015  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt coins worth buying on: January 07, 2016, 09:48:45 AM
My list

#1 Bitcoin:  For general traceable spending
#2 Ethereum: For smart contracts
#3 Monero: For anonymous transaction.
13016  Alternate cryptocurrencies / Mining (Altcoins) / Re: What should I mine on: December 25, 2015, 08:30:05 AM
The best coin to mine is ethereum, but the difficulty has risen a lot. It is less profitable to mine now.
13017  Bitcoin / Mining speculation / Re: 21 cents per kw, Any way to mine? on: December 14, 2015, 10:14:06 AM
If your electricity is $0.21/kWh, it is better not to mine if you do not think mining is your hobby. There are mining farms in China, paying $0.04/kWh.
13018  Economy / Trading Discussion / Re: Buying bitcoins in the UK on: December 03, 2015, 12:41:52 PM
Most exchanges that we can use in the uk are way over priced. Does anyone take advantage and use arbitrage or is it not worth the hassles registering, verifying, working out costs, doing the transactions, transferring wallet to wallet all for a couple of £.


Arbitrage is quite risky. It takes time to transfer fiat and bitcoin into different exchanges. The time will cost money.
13019  Economy / Speculation / Re: What moves bitcoin price? on: November 22, 2015, 09:41:10 AM
At present, the bitcoin price is moved by news mainly. Any news about adoption will increase the price.
13020  Economy / Speculation / Re: Price Prediction 2015 ฿ on: November 08, 2015, 04:47:57 PM
we are reach at $500 already but unfortunately the price look unstable and today price at $383
 
but i still had confident the bitcoin price will reach to $500 again in the near future

The price consolidation is good for the medium term price performance. It shall reach around $600 by the middle of next year.
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