Bitcoin Forum
May 26, 2024, 06:42:35 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 149 »
1381  Other / Off-topic / Re: Your Highest Loss IN A Day on: July 01, 2014, 10:18:23 AM
So there is already thread about "Your Highest Earning IN A Day " but what is your highest loss in day?

$185,000.00 USD in a real estate transaction that soured.

That one hurt!

In US real-estate that's not that bad.  We have 1 home that was bought for 600K and went down to 330K at one time.  It's still about 110K under.
1382  Other / Off-topic / Re: Dinosaurs did not become extinct because of a meteor crash on: July 01, 2014, 10:14:58 AM
This is the real reason Grin



If they were homosexuals then their colors schemes are way off.  I mean seriously what were they thinking?

Sexual tyrannosaurus.
1383  Other / Off-topic / Re: Are house cats useful? on: July 01, 2014, 10:11:03 AM
I I try not to post with just a pic, but damn! This is funny:



Reminds me of the cat and dog diary entries that went around a few years ago.

Pretty sure everyone can appreciate this for a laugh!

Where is the part about the 10k scratches to your face and arms when the cats senses you're going for a toilet dump?  Grin
1384  Other / Off-topic / Re: How you Use Your Laptop?? on: July 01, 2014, 10:08:41 AM
Been surfing the web on a 17" laptop the last 5 years.  Rarely go to my big desktop anymore.
1385  Other / Beginners & Help / Re: quick question on: July 01, 2014, 10:07:35 AM
So what's the difference between saving your .dat and exporting the keys?
As they both simply save your btc balance?

long story short, backup your wallet.dat and keep it safe, + add a passphrase
exporting keys is something you shouldnt consider as a newbie.

cheers

As noted above you need to protect your wallet.dat file like you would your own wallet in your back pocket.  It doesn't not store the bitcoins.  The bitcoins are on the blockchain, similar to being on the cloud and the network is what is keeping track of it.

The keys in the wallet.dat file simply allow you to open or unlock your bitcoins.  If somebody else gave you their keys and you knew their addresses you could grab their coins.
1386  Other / Beginners & Help / Re: CEX.IO on: July 01, 2014, 10:00:39 AM
The price on cex.io is ridiculously high, and has probably been internally pumped. Look at this chart:
https://bitcoinwisdom.com/markets/cexio/ghsbtc

The new Antminer S3 is 0.0015/GHs. You basically won't profit using cex.io.

Yes its hard to gain profit in cex but the good thing about it is you can sell your ghz any time and its instant withdraw Smiley

While true, that's like saying I can sell these comic books that I bought that nobody wanted at any time.  The comic book store is buying them back for 1c after selling to me for 25c.
1387  Bitcoin / Pools / Re: [11000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: July 01, 2014, 09:54:35 AM
All the pools must be having bad luck.  200 blocks into this difficulty and the re-target is the same as the current difficulty.  Bitminter just had a 1 day+ block and they have more hash than us right now.

And this is why PPS in the old form would kill any pool.
1388  Other / Archival / Re: Pictures of your mining rigs! on: July 01, 2014, 09:49:13 AM
Man where ever i ask they say grindseed is not profitable anymore . IS it  ?
What coin do u mine with them ? I can get couple for 50$ each . Is it worth it ?

Its a gamble.. maybe it is, maybe its not.

yer right it is a gamble...but i'd say its a really bad gamble...everything is exploding now with asic's...really nuffin ya can do cept buy coins...

As I see it, theres two options... You just mentioned the best one - and the one that'll get you in for whatever amount of money you have at your disposal..

The 2nd one is for the guys with a lot of cash. Buy in hard in asics with the best $/ghs ratio and/or w/ghs ratio. With a perdicted ROI date (if you can get gear at a price that gives you one) and make as much coin in profits as possible afterwards.. - then, offload your gear when its not viable at your power costs anymore.. maybe, somewhere in the world it is for someone whos willing to bet on coins gaining value..

+1 yep that is what i'm doing with my jups...cept i'm not ever gona sell'em...they will mine til they give out to try and get as much coins from them as i can...

Don't mine until they die, but mine until your electricity costs more than the income from mining.  At that point it's cheaper to buy the coins than mining.  It's probably not worth it to ship a Jup now anyways.

might be cheaper...but i can do both Smiley just won't be able to buy as much...and i just can't see turning them off when they have paid for themselves...just can't see it...its like taking them and throwing them away...when they still work...eh we'll see...right now summer heat is heating up the basement pretty good...my heat extractor is getting most of it out the house...still making a few tweaks here and there...

See, that's where mining sickness has clouded your judgement.  It's the VOCs given off by the hardware Smiley .  I can understand running them in winter at a loss for some heat, but not in summer.
1389  Bitcoin / Mining speculation / Re: Block erupter cube OR antminer S1 on: July 01, 2014, 09:35:25 AM
I know you have VAT but 225 pounds sounds was overpriced for the S1, especially since most people are having to undervolt/underclock them now.  Try looking in the marketplace and buy one locally - should be a lot cheaper.
1390  Bitcoin / Mining speculation / Re: 400GH/s - how many BTC can you extract? on: July 01, 2014, 09:32:54 AM
about 0.01 a day, probably another 3 months roi

That's 10 days at 0.01, then difficulty goes up 20% so no you get 0.0083 for 10-11 days, then 0.00065 for 10-11 days and so on.

As you approach the 3 month time period the electricity costs more than the income, so you turn it off.

You will not recoup your 1 BTC.  Unless the network crashes and burns in which case you get thousands of useless BTC lol.
1391  Bitcoin / Mining speculation / Re: Bitcoin mining Contracts on: July 01, 2014, 09:30:07 AM
Unfortunately any large company will not sell you something that had a realistic chance of making more $ (since then they would be losing out on potential profit) - this is assuming the company knows how to do math.  If they are stupid it's possible for them to sell too cheaply to end users.
1392  Other / CPU/GPU Bitcoin mining hardware / Re: minimum hardware specs for mining on: July 01, 2014, 09:26:03 AM


Can you please suggest me which hardware specs I must have if I were to mine bitcoins?
IF there is an existing thread can you redirect me to it please.

You could try to mine with your computers CPU or GPU - but that would be like trying to dig a tunnel with your fingernails.

What you need are some devices called Bitcoin ASICs - these are computers built solely for mining Bitcoin, they can't do anything else (except other SHA-256 based coins).

We have an entire subforum on pretty much all miners here https://bitcointalk.org/index.php?board=76.0

Look for reviews and use a calculator before buying - you will end up losing money most likely.
1393  Bitcoin / Pools / Re: [11000 TH] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers on: July 01, 2014, 04:53:32 AM
Dev and IXC only add about 0.1% more to your profits and it's another coin you have to send to an exchange and then dump for Bitcoin (assuming you only want BTC).  I think the uptime and security affording by this pool and others like Bitminter and Elegius exceed the paltry add on of those coins.
1394  Bitcoin / Mining speculation / Re: What would you do? Mine with $40k or purchase Bitcoin? on: July 01, 2014, 04:46:04 AM

I had a similar choice about a month ago and looked into mining vs buying BTC (I also live in WA). With the incremental increase in difficulty, it's hard to ROI as an individual. If you're interested in mining, I say buy BTC and mine altcoin for fun.



You know it's scarry when people in WA state are contemplating buying over mining.  My family in WA is paying 1/10th of what I pay here in Southern California.  What a difference 1000 miles and 2 states makes.
1395  Bitcoin / Mining speculation / Re: Antminer S1 Soon at a Loss - What to do With It? on: July 01, 2014, 04:43:48 AM
Is undervolt same thing as underclock?

Undervolting is changing the voltage to a lower voltage. Since power used is based off the square of the voltage, a small change in volatge can mean big power savings.  But of course it can't run as fast.

Underclocking means turning down the speed (clock speed) that the miner runs at.  This can be done usually without touching the voltage.  Typically most people try to run the fastest clock as the lowest possible voltage needed to get them to the desired clock.
1396  Bitcoin / Mining speculation / Re: Is it still worth it to get something like an AntMiner S1? on: July 01, 2014, 04:41:13 AM
If you like having miners buy it but you'll be losing $ (or PPC in your case).  If you want the most PPC, send the cash to an exchange and buy PPC directly or buy BTC and convert to PPC.
1397  Bitcoin / Mining / Re: BFL Monarch, in the Cloud.. (600GHs) on: July 01, 2014, 04:37:58 AM
I love the part where they say they're under no legal obligation.

They should be refunding the people who want a refund since they haven't shipped.  FTC has laws that clearly spell this out, but in BFL's world laws are made to be broken.

Why would anybody want 600GH/s from them now for $4500.  You can buy 3 S1s for $500 that do the same thing.
There have been several articles/reports that BFL would use their customer's miners to mine at their pool for their own account. It is almost like they were secretly charging their customers higher prices in the form of delayed shipments.

That's last year's news (which sadly is repeated this year).

I think the issue smoothie brought up is why cloud mine 600GH/s for a customer when they could ship the device.  The reason being that they don't have a device doing 600, or if they do it's not a Monarch (might even be a KNC Jup they bought second hand).  They could have some Neptunes and have a program to split the hashes between different accounts, allocating 600GH/s worth of WU to each account - which is most likely what is happening.

They probably did this to commit the customer to the purchase rather than acknowledging that they should refund the pre-order.
I don't think it is the fact that they don't have a 600 GHs device, it is that the device is not as efficient in terms of electric usage as what they advertised. The delays have essentially made it so the machines might have ROI to they will def not every come anywhere near to ROI

Trust me, their efficiency is not the issue this time (that was the 2013 failed promise).  The issue currently is their boards are pulling too much power and burning out.  Apparently their engineers at the zoo are busy throwing poo.

BFL advertised a 600GH/s device.  Unlike their last go around they can't just give you smaller units like they did with the minirig.  Most people only have 1 PCIe slot per machine that could handle that much heat.  So they are forced to try to cram 600GH/s onto a PCIe card.  It is doable if done by professional.  But BFL would have to find some professionals since they can't even handle their own PR mascot correctly.
1398  Bitcoin / Mining speculation / Re: Mining on laptop on: June 30, 2014, 01:22:54 PM
I think you should mine on latop
you have to do a PC with hight power VGA

So that he can earn 45 cents just before he melts the board or the cheap $3 fan cooling the GPU?  Have you ever tried to change a fan on a pain in the ass laptop like a HP DV4 series.  You would rather poke your eyes out.
1399  Other / Off-topic / Re: Dinosaurs did not become extinct because of a meteor crash on: June 30, 2014, 01:17:53 PM
I loved reading that pop mech story.  Makes me want to see those old movies again.

Still remember the Taco Bell ads with the chihuahua "here lizard, lizard".
1400  Other / Off-topic / Re: Fuck Summer! on: June 30, 2014, 01:04:42 PM
Ah, here in Butterfly Labs Land we are looking at 91-95 F (33 C) over the next few days with a ton of rain and wind.

Ah!

Kansas!

Whats up JayHawker??  I have been through Kansas couple hundred times crossing this great land of ours. I reside in the land of fruits and nuts….California

Summer is the best season…except when it is like Africa hot out side but I like it better than winter. Snow chains on a semi truck are vey heavy and most people around here in Cali have not a clue how to drive in snow (or in general for that matter)

Most Cali people who live in the mountains know how to drive in snow.  It's all the clueless snowboarders and skiiers going to Big Bear, Mammoth etc.  Now rain, we are just complete morons.  People seem to actually drive faster since traffic moves too slow for them.... and then they fly off the overpass or slam into the center median.
Pages: « 1 ... 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 [70] 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 ... 149 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!