DO as I do with old hardware I still even using my usb asics. Just use them for when new coins come along mine them for a few days then stop using as diff spikes up on them. Mining days are over with the old 60GH units but still can be useful for a few days mining to get some new cryptos before hitting markets.
Yeah I agree with this. Do it for the fun of it and not exactly the profit. You never know one day the coin may be worth something. |
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I have never personally had a problem with their support. Although everything can always be improved  |
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I don't think that it is one farm, or all bitmain. I can't imagine 33ph being produced and sold.
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You should either mine with them, keep them on the shelf, or sell them. I would not scrap them. Although there are many around it would be a shame. I had wanted one of those since they came out. I remember the 5 GH at the time that I saw it would have mad $15, and that was when btc's were $120.
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For those of you wondering how to get 240 volt circuits in your home and you do not have room in your main panel; here is a consideration [My Main Panel is not like this anymore. It looks like the one below]:  My Main actually looks like this now:  To power this [Don't mind the black paint on the wall and don't mind the orange wire. It's an additional 10/2 to provide another 30 amp circuit going in the moment some S5's arrive]:  Isn't that really unsafe if you do a bad wiring job? |
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I'm surprised no one saw this coming. It was the perfect plan for the admins. The criminals can not report their losses to law enforcement or else they would get in trouble for selling drugs, and the admins are running a website for criminals.
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I really don't think a one world currency will happen anytime soon. Who would regulate it? How would it be backed up?
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Not anytime soon. I dont see it going over $500 unless something really big happens worth bitcoins.
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I would put the money in gold. Government regulation may happen. Also technically btc could disappear overnight. Gold will not.
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I hope the price will rise, although I have learned to not expect it to. Hopefully it will though.
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A generator is not really made to run 24/7 they are made for when the power goes out you have a backup. I think the generator would die out quickly if being used at full all the time.
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I think quantum computing would be a game changer once it became readily available. I dont think it would change the mining game overnight.
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If that would actually be the specs I feel like a lot more people would purchase a miner. However I do not see that happening.
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You should either get a S5, or a SP20e. Your best bet though would probably be to buy btc's and trade them outright and try to make a profit.
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It would have to be decreased slowly with large farms shutting down, then in a matter of seconds the blocks would be mined up when it is close to 0.
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thanks for your recommendations  If you are willing to gamble and maybe not turn a profit then you can solo mine |
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The difficulty increase combined with the price drop has me turning off another batch of miners. How about you?
I turned off my mining rigs in december 2014. Now I only mine altcoins at launch, with cloud mining. how has that worked for you? Sometimes I think about giving it a go with alts, then I remember how I threw away .25 BTC worth of mining power back in 2014 for a day on some 21 coin and I could never sell it for anything worthwhile. 42 coin was another coin like that. They were trading for more than a btc, but there was one 42 of them. |
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It may be cheaper for you to just buy some bitcoins straight with the money and take your chances of the price going up. The S5 however is a pretty good option for a miner.
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1x Zeus Lightning X6 hashes at 50HM/s scrypt
2x AntMiner S3 hashes at 500GH/s each (~1TH/s total)
I also have one 1500W platinum PSU that I can include.
Will update with pictures ASAP.
No reasonable offer refused. I'm moving a long distance and am afraid this stuff will get broken in the process.
I accept BTC, moneypak, western union, moneygram transfer and cash in mail.
Where are you located at? Thanks |
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There's rumors that Marco has reduced the rates, but he didn't notify us in the OP.
Is that true?
I think he is still on a 10 day ban. Anyways he did lower the payment, and he said he will announce it when he gets back. |
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