I was running a full node until AT&T's new contract throttled me back to 250GB/mo 

Please continue the comedy in that thread above.

Otherwise mining pron should be posted here:
https://bitcointalk.org/index.php?topic=7216.0

In 2012 my $150 6870 video cards were making 0.2BTC/day - so they were more ore less paying for themselves (with the current BTC price) in 1-2 days.  End users are buying miners because they are stupid and can't do basic math or because they have been lied to about timeframes.  I bought from BFL and I was lied to (and I fell for the lie).  I spent 208BTC and only mined back 18BTC with my Single - that's a loss.  I have not seen a single company that avoided shadiness (although KNC started off decent).

If BTC goes to $4k per coin then yes we will all come out ahead - but the simple reality is if that was expected why even mine - just buy the damn coins.

Some people like tweeking with the hardware - for those people maybe they spend $ on hardware instead of video games and going on dates.

The mining manufacturers probably have 1/3 of the hash power to themselves and are mining with the customers hardware.  We know BFL and Avalon have most certainly done this (we have proof), and I can't imagine any other company have the moral fortitude to use a testnet.

So money is being made, but not buy the end user.  Either you get a special hook-up with a manufacturer if you're making a farm or you are the manufacturer and are making pantloads on preorders for something you'll get around to making when you feel like it 

This is the wild west - do you due diligence.  If one person tells you it's not worth it, don't trust him/her.  If 20 people say it's not worth it, perhaps their point maybe valid...

What is sad is that you followed your girlfriend into this thread just to bash her.  Get a room you two.

BTW he's right about BFL not delivering in Dec Jan Feb Mar Apr May Jun

Multipool profit will not be double regular SHA-256 mining.  You might get an extra 10 to 20% more on lucky days.  You will get about 5% more stales guaranteed.

Second, the mining calculator is only accurate when you have the miners in hand since each day is critical in the beginning. http://tpbitcalc.appspot.com/ is a better calculator but requires you to manually add each time period.  I guess about 11 days for each period and I increase the difficulty about 18% with each increase.  You can also adjust the pool fees.

Doing all the calculations after July 4 has you coming out at a loss.

I have free electricity and have not bought any miners since my regretted BFL Singles.  Thankfully I did not follow that mistake with further mistakes.

Mine to support the network if you have BTC and you want to see them secure (decentralized).  Chasing profits is currently a lost cause.

We'll have a 1/2ing in 2016.  Any marginal miners will drop out and some may choose that point to exit.  That would probably be the next drop (if any).

No mining equipment out in 2014 has been shown to make ROI (BTC --> BTC back).  The rare cases in 2013 were Batch 1 of Avalon and a few KNC orders early on.

Mining is for supporting the network and having fun (and maybe anonymous block rewards if you need that).

Most of the cheaper wall units are not really rated for consistent 24/7 use, so you might end up with some downtime.  At the least I would buy an extended warranty on it.

It's more like B.  You will notice CPUs will still make the same measly KH/s, GPUs still makes the same MH/s.  But if you mine on a pool the shares they submit would be worth to nothing, less than 1 satoshi each.  Some of the high end ASIC machines are putting out 100k hashes per minutes now which would make your classic 5830 cry

An easy anology would be every time the difficulty jumps it's like needing to pick an extra number to win a lottery.  Picking 6 numbers is difficult.  Picking 7 is even harder.

What exactly do you mean "earn".  The people earning Bitcoins are the ones selling their goods and services in exchange for Bitcoin.  In the case of miners, they are being paid a processing fee for processing transactions, and they also get the subsidized block reward.

The cheapest way to acquire coins is to just buy them.  Mining and virtual mining are all losing proposition currently (you will guaranteed end up with less coins than had you bought coins directly).  Mining is good if you want to support the network or just find mining fun.

Hi Stunna, I missed my May 17th re-enrollment so to speak

Starting posts: 1117
Bitcoin address: 19xpqPCGPtfWLLXnuxQMQwgFnDmAzq32eR

It's making a tad under 0.02 per day right now with BTCG's horrible luck.  Obviously the only people who should be buying this would be people who have dirt cheap electricity - I know some people in WA state have 0.02.  It costs me $0.33/KWH here in Los Angeles area so obviously I won't be bringing them back home.

Another price drop.  I'm know I wil be able to mine over 1.5BTC before these become profit neutral (which for me is about $0.04/KWh) but how close to 2BTC I'm not sure

Price dropped again.

Price dropped

So I am the original owner of these 5 SC Singles.  I brought the miners down from their nice chilly perch in Seattle, WA for retirement.  3 are using the original BFL PSU bricks, 2 were running off of a PSU.  All the Singles run more or less right at 60GH/s except one is a little slouch at 57 GH/s - might benefit from a repaste.    I did take the fan grills off all the miners on day one since they run about 4c cooler with the grills off.

I am asking $50 for all 5 Singles and the 3 BFL PSUs.  Obviously this is for people who have free electricity but the 5 of should be making about $4/day after the next big difficulty bump so they pay off after 12.5 days

No trades please - I prefer to sell them as a bundle.  If you think $50 is too high make an offer.

Signing up again for March to April
Current post count 1111

You do know there were 2 other major pools that provided PPS payment
1) 50BTC - scammed/hacked their way to bankruptcy and lost user's money off their hot wallet.  Their PPS rate was only 3%
2) EMC - has PPS at 5%, but good luck with the reliability there

There is a reason people choose to stay with BTCGuild.  The good interface, the quality of the pool, and best of all the pool OP has proven to be a honest supporter of BTC above and beyond what would make him the biggest bucks.  I'm not saying Eleuthria is a saint, but in a world were malfeasance runs rampant Eleuthria has been one of the brighter stars in the BTC community.

People are welcome to leave the pool looking for greener grass in other PPS lands - most with common sense will probably end up back here after a month.

Haha.  I know what you mean, and this is what the noobs don't understand.  Your head knows buying $13,200USD worth of BTC is low risk (assuming you expect BTC to live).  The heart enjoys the thrill of hearing fans, seeing scroll logs of hashes, and seeing microtransactions trickle into your wallet.  You would probably never mine back that 26 or so BTC, but it's so much fun.... until your wife sees the electric bill 

Ripple is long since dead.