Credentials sent out! One miner left. Please post if you rent as it is the last 1T in stock, and I do my best to prevent queues.
As always happy mining!
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Thanks I guess I'll be buying and holding.
Very wise, but besides I would also bought few GHs from PbMining. Just my opinion. A few GHs won't do much in today's mining market sadly.
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Its such a big topic there is not really a good answer to this. If you ask about bitcoin mining, investing, how to buy..... it goes on and on. Let us know what your looking for and we can help .
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One thing to keep in mind is GPU values. I had a ton of 280x, 7970, 7950. I feel good selling them all beginning of summer(wish I would have sold before they dropped from their peek but nothing I can do about that).
If you turn off and think one day a coin will come out that make them worth while.... you might end up with a box full of cards. Selling a mahcine shut down you can buy BTC with that money or a ASIC. Either one is a better bet most likely.
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It's possible that the website put a virus into their mining software, or that you may have had the virus beforehand.
Have you confirmed that your addresses have no BTC in them on Blockchain.info or similar?
Yep check blockchain. If not there run some anti-virus software and never use that wallet again to be safe.
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This is interesting. I've got access to a rack or servers that are currently entirely unutilized. 32 2.8ghz cores, 72 gb RAM. Worth bothering with?
Would be small pay. If are paying electricity most likely not. If somehow it's in a place no electricity cost with that many cores it would not pay a lot... but might be worth trying for a month just in case the coin ever goes up in value a lot.
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Adjusted for new difficulty and some for bitcoin's current price.
At time of posting 2 Dragon 1T's in stock. Please post if you rent to prevent queues.
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Do some ROI in most cases sadly CPU is so little profit power will most likely cost more then you make.
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It is sad as I loved GPU days. But for most they are gone.
You are better off in most cases selling the GPU's and getting some Asics. I ran quite a few GPU's and with electricity and heat removal it just was not possible to profit and i sold out and switched to asics.
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In the U.S., the easiest way to buy bitcoins is through LocalBitcoins.com or Coinbase.com.
Coinbase will take a few days to set up, but in long run is better then localbitcoins. (in my opinion) For the ones who are worried about being not known they will turn to localbitcoins.
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Search google for Free bitcoins and you can find microworkers type sites, which pay for your work in BTC.
With faucets, you can only have a tiny amount of bitcoin. Even if you can get 0.001 a day from faucets (very unlikely), it will take OP 27+ years to get 10btc assuming bitcoin price doesn't go up and faucet payments don't go down. Agreed to get to 10 btc from "free" your hair will turn grey first most likely. Look at selling goods/services if you cant invest/mine.
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Thanks I guess I'll be buying and holding.
Even with wanting to mine which i do and love, i think you will be happy in 1-2 months when you trade coins for miners. If it goes how i think you will have a decent percent extra from bitcoin's going up in price once we are through what ever is going on. You might get one for fun and to play with get familiar with. It is addictive but price of BTC is so attractive its hard to ignore for buyers right now.
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I would look at localbitcoins. Also bitcoin ATM's are becoming more popular.
A lot of online sites that make it easy to get bitcoins quick comply know your customer and other laws.
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Do math and ROI on machines. If you are lucky with decent electricity you can pull ROI on machines.
If you have that capital right now I would think about buying BTC .... wait a month or so and hopefully then buy even more mining gear. BTC right now is at a price great for buyers.
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You can always reset to default if all is really bad. * Cozk beat me to it
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You would want to mine something that you don't compete with asics such as x11... etc.
That being said do some ROI math. Sadly with electricity day's of GPU being profitable are dead for most.
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I want to start mining and have enough money to invest in the new technology what do you guys suggest before going ahead with it?
miners are not worth it, dont buy any! buy bitcion while it is cheap and hold! u lose money on miners Do ROI you do not always lose money. It has become harder in the life with asics to ROI. Electricity price can have a lot to do with roi. Right now BTC is very cheap though so its hard to beat buying some. I am in it for the long run still running in profit because of low electricity prices and will keep mining.
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1. The Zenpool pay out looks great at 0.00065924 BTC/MHs/day but how do they achieve such a high pay out while Waffle and Nicehash achieve only 0.00026 or 0.00038? 2. If I pay 16$ per MHs, do I own a miner with e.g. 1MHs or do I rent the hashing power for 1 year? Really not much transparency Do they have a daily payout chart for "Zenpool" I'm intrested in seeing it's earnings with all the hype they are giving it. A week or so of payouts would be interesting to see the days. Thanks if anyone posts
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Be very careful with a recovery service if they have the wallet file and you have asked to decrypt it your trusting them with all that is in your wallet. I would try to remember, write down a few guesses. Take a deep breath and do something else the more frustrated you get the harder it will be.
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Sell goods or services you have.
Faucets will do very very small amount, it will take a very long time. Some mentioned gambling.... be careful there is a reason there is "free play" some get hooked and keep playing thinking that next one will be the big one.
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