Anyway mining will always be profitable for someone (as long as bitcoin doesn't go to zero). Because whoever is doing it unprofitably will turn off their miners, boosting profits for everyone else. Eventually mining with leading edge technology in a low electricity cost area will stabilize somewhere at a comparable rate of return to other investments... i.e. 6-10%ish per year.
It is somehow true but there are more noobs in this world then you can imagine. A lot of people is mining at losses thinking they are securing the network.. |
|
|
|
Dogecoin hashrate spiked from 70 GH/s to 570 GH/s and keeps growing after auxPoW feature was introduced. The hashrate could soon be exactly the same as Litecoin's hashrate as pools can mine both coins without any trouble simultaneously. Which effectively makes all 51% FUDsters shut up. Now that the only advantage of Litecoin is gone, and now that it can never compete with Dogecoin's marketing advantages and huge active community, Litecoin's days are numbered. By the end of 2014 marketcaps of both will be equal, if not sooner.
Nice, it is more secure then ever.. no more 51%.. |
|
|
|
|
I only stick with the few main alt-coin. Darkcoin Litecoin Primecoin etc..
|
|
|
|
Sadly days of GPU mining are over even if you have free electricity , better get some Asics if you are interested in mining.
Agree, GPU mining is over, was really good when scrypt asic was not around.. |
|
|
|
|
I dont get how bitcoin give the concept of getting rich...
|
|
|
|
You can use them to secure small alt coins you like when they become unprofitable with bitcoin or we can use them to attack networks like equador that think they can out hash us.
Has anyone setup a pool to attack coins? I know it's kinda of.. not nice but it would be an interesting idea.
Attack coin is unprofitable, I dont think anyone would wanna do that right? |
|
|
|
Correct me if I am wrong, anyone, but I believe you could use them for brute-force password cracking.
Since SHA256 is an encryption standard used in cryptography far more outside of Bitcoin, you could (presumably) use the hardware to brute-force and crack encrypted data/passwords that use this encryption standard.
You can only crack password with GPU.... but you can use it to heat your swimming poool.. |
|
|
|
|
Where is faillling when we need him. Its going to crash!!! lol..
|
|
|
|
|
Most people lose out on cloud mining, only some people has ROIed their cloud mining from pbmining..
|
|
|
|
|
Good news, more people will get to know bitcoin..
|
|
|
|
|
Time to collect some PND..
|
|
|
|
|
Its fun, but the levelling part to level 30 is annoying.
|
|
|
|
Its either a scam or it is for sha-256 and not scrypt. Not worth taking the risk.. |
|
|
|
|
Total time logged in: 12 hours and 35 minutes.
|
|
|
|
|
MMORPG, would always choose tanker class and tank like a boss..
|
|
|
|
I don't understand why bittrex is to be blame when its the coin's problem? People should invest in trusted alt-coin like litecoin darkcoin  |
|
|
|
Where can I buy from?
I took a look at gawminers.com, zoomhash.com and minereu.com
And before I buy one, wanted to make sure, If there is any better site?
I thought of GAW Hashlet, but what stopping me is I can't point my hashing power to whatever pool I want.
So is there anything like this? where I can buy a hosted miner, but with full control on it.
Appreciate any advice, It's my first time buying one.
If anyone is wondering, my budget around 300$-500$
Thanks in advance.
Dont buy scrypt asic as it is pretty hard to ROI. Look at all the miner that is going to come which will drive difficulty up.. |
|
|
|
|
The picture above me is really sick, go thru all the pain for this..
|
|
|
|
|
Show Posts
