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18681  Economy / Computer hardware / Re: Knc titan miner Second Batch! <-- Buying! on: February 01, 2015, 09:46:04 AM
Maybe you are right...i can w8 but i have a source for free electricity and i want miners Cheesy

Yes I am in the same boat as you. But presently with shipping these miners are too expensive and even with free electricity they have a ROI date of at least 3 months. And after 3 months all you will be making is like $1-2 per miner.

18682  Alternate cryptocurrencies / Mining (Altcoins) / Re: Come mine Spreadcoin (no pools!) -- I will triple your first block! on: February 01, 2015, 08:11:36 AM
I found my first a few days ago, didn't know this thread existed.



SRvbV5FdqKvZRWNqdjV7LPsV77MQgbqS2G
18683  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nxt profitable minting (mining). $26 - some electric cost PER DAY!! on: February 01, 2015, 05:07:24 AM
Got it! 290X pushing 500MH/s.

My server is currently down, so screenshot (nsfw): http://i.imgbox.com/A5W6ctYN.png

How much money per day does that 290X bring you?
18684  Economy / Computer hardware / Re: Knc titan miner Second Batch! <-- Buying! on: February 01, 2015, 12:26:41 AM
You should wait until BTC breaks $200 and heads towards $150 or so. Then people will be panicking and selling their mining gear cheaply.

18685  Economy / Goods / Re: Cigars for BTC (Lot of brands) on: February 01, 2015, 12:18:43 AM
Hello everybody.

I have the possibility to get cigars cheaper than they are selling at stores, online shops, and so on.

This is because of my location.

Wanna see if here is a demand for such product. Also i can cooperate with retailers, if my price will be profitable for them. But quantity won't be very big.

Prices will be about 60-70 % of retail price for shipping within USA. Shipping price included.

For international orders, 65-70 %+shipping price. For international, i am not responsible for packages seized by customs or so on. After i send you tracking number which proves that order was shipped, i receive money from escrow.

NO Cuban Cigars

A lot of brands available, but if you are interested, hit me up in PM or in topic, and ill tell for sure if i can provide you such product.


Everybody interested in cigars, is welcomed to write some suggestions here. Write about price, international/US, and other things you want. Price is approximate, not final, so dont judge about price, just write if you are interested in this.

ESCROW IS REQUIRED.

You can't sell them in the US because they need to have the proper tax paid sticker on them. If you do they will get confiscated.
18686  Bitcoin / Mining speculation / Re: From 280 PH to 325 PH Overnight Rise? on: January 31, 2015, 12:29:42 PM
Who knows maybe its the miners that turned back their rigs one week ago when price peaked at $315 or so. Maybe in 2-3 days it will level off and start to head down
18687  Alternate cryptocurrencies / Mining (Altcoins) / Re: [NEW MINING CLASS] MSCoins - Opportunities for CPU and GPU miners on: January 31, 2015, 07:25:36 AM
I don't understand how you get paid because these EGOLD and ELMS you can't find on any exchange anywhere.

How much do you make per day per 290X on average?

You exchange them through the NXT wallet - the exchange is on the network, I think. I don't know how to calculate coins per day from hashrate, though.

What is the power consumption on mining these compared to X11? Is it power intensive like Scrypt?
18688  Alternate cryptocurrencies / Mining (Altcoins) / Re: [NEW MINING CLASS] MSCoins - Opportunities for CPU and GPU miners on: January 31, 2015, 06:32:35 AM
I don't understand how you get paid because these EGOLD and ELMS you can't find on any exchange anywhere.

How much do you make per day per 290X on average?
18689  Economy / Computer hardware / Re: [WTB] Antminer S1 wifi antennas on: January 31, 2015, 06:17:11 AM
Why buy when you can get them for free

https://bitcointalk.org/index.php?topic=671189.msg10265489#msg10265489

18690  Bitcoin / Mining speculation / Re: Can you make a profit with 7th/s 3550w? on: January 31, 2015, 02:39:38 AM
I've read lots of posts saying roi is impossible. I pay .13usd kwh and think it's possible.

Well, 7,000 GH/s at 3,550W is a decent ~0.51 J/Gh ...and judging by your numbers, it's essentially 6 AntMiner S5's.
With that in mind, at $0.13 per kWh, you're looking at $11.08 in electricity costs per day. So long as 7 TH/s generates more than that in the same period, you'll be good.

Here's what to think about instead: At what point will your setup no longer generate a profit (expenses equal revenue)? This largely depends on two factors; price per Bitcoin, and the network difficulty. There are other factors for larger setups, but we'll keep it simple for this one.

If a Bitcoin is valued at $230 (current price off of Coinbase as I write this), and at the current difficulty of 41,272,873,895, your revenue should come in around BTC0.08529572, or $19.62, per day (ignoring variance).

This means you'll be able to maintain profitability until the price per Bitcoin drops to about $129.90, with difficulty staying constant (though unlikely given many more miners would drop out of the game at that price).

Alternatively, if the price stayed constant instead, you could maintain profitability until the difficulty rises to roughly 73,076,881,507...you can be the judge on how long it takes to get there (1, 3, 6, 12 months, etc).

Obviously neither of these variables are constant, so I'd advise you do to your own calculations. As the price per Bitcoin rises, your difficulty ceiling rises by a similar proportion as well.



Its true. But keep in mind. Judgeing by what happened in the past. The difficulty will rise and the price will fall.
18691  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nxt profitable minting (mining). $26 - some electric cost PER DAY!! on: January 30, 2015, 10:59:53 PM
Been mining GPU coins for over a year and have no idea on how to start mining this one.

It took me a while to get it - and I've been GPU mining two years.
Is it more profitable then X11?
18692  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nxt profitable minting (mining). $26 - some electric cost PER DAY!! on: January 30, 2015, 10:43:19 PM
Been mining GPU coins for over a year and have no idea on how to start mining this one.
18693  Alternate cryptocurrencies / Mining (Altcoins) / It seems everybody who has GPUs is mining with free electricity on: January 30, 2015, 10:41:04 PM
I just don't understand why there are so many GPU miners out there at these horrible profit levels.

With X11 or X13 or Neoscrypt you need electricity at 0.07KwH just to earn nothing.

Considering the fact that electricity of <0.07kwH is rare in most developed nations, why are there so many GPU miners out there.

I figured the difficulties would at least decrease and Darkcoin would be profitable again but with the recent BTC drop people are still out there mining.

So are there really that many miners out there that don't pay for power? Because it seems like the only logical explanation why the hashrates are sky-high.
18694  Bitcoin / Mining speculation / Re: Did you get ROI for your mining equipment? on: January 30, 2015, 10:36:07 PM
It is now a good time to buy miners with fiat, if you believe than BTC price will raise. good way to get positive ROI sooner.

As always, as it was in 2009, 2010, 2011, 2012, 2013, 2014, 2015....if you believe the price will rise, just buy the Bitcoin.

You're throwing away money and wasting time buying miners, if you're doing it strictly on speculation.

Too many factors against mining: electrical costs, downtime, upkeep, maintenance, cooling, difficulty, pool variance

Just buy BTC at the moment, it's at a discount price!   Cool

Bad logic.  There are many reasons why buying a miner could be better than buying BTC.  If people really believe that BTC will definitively increase in value, then the best option would seem to be selling everything you own for BTC that isn't essential to your immediate survival.

Obviously, that would be an unbelievably risky move, so basically anyone will factor in at least *some* level of risk.  For those who don't mind risk, buying BTC outright may be preferable.  However, if you hate risk, buying a miner can be a much safer option, especially in a bear market.  The trade off for that extra security is decreased profit potential over the long haul.

You don't buy miners when the price slumps, you just buy BTC, if you're speculating on a price hike.

You DO buy miners when the BTC fiat price is high, as it's more prohibitive to buy the coin outright, then it is to generate small amounts of it daily in hopes of making your fiat investment back.

Simple math for ROI, dude.  BTC In<=BTC Out

Buying a miner now with fiat, no matter which miners, you'll net negative BTC.  If you bought a miner for $500, mine back half a Bitcoin and Bitcoin spikes to $920 a Bitcoin, you're thinking, "WOW, I made back my investment!"   WRONG!

If you had bought $500 worth of Bitcoin, you'd have over 2 Bitcoins at today's price.

It's throwing good money at bad investments.



Wrong.

You didn't consider the fact that you can get a miner DIRT cheap these days and if you have FREE electricity you have a higher chance of making money then buying BTC and hoping you sell it at a higher price then you bought it for.

Also the ASIC after 6 months or 12 months you can re-sell to get some % of your money back.

18695  Economy / Gambling / Re: MoneyPot.com -- The Social Gambling Game on: January 30, 2015, 10:34:04 PM
bad day. 8 losses, 500k bits each.... Cry Cry Cry
total 4 btc poof...

ouchies what was the payout you were trying to hit if you don't me asking Smiley

2.2x but all the draws came below in a whole lot.
 Cry Cry

Why say 500k Bits instead if 0.5 BTC Huh

Anyway sorry for your loss

Its because many people are confused and they usually like to say 1000mBTC which is 1BTC. The decimals places make it confusing from time to time.
18696  Economy / Gambling / Re: Primedice | Most Popular & Trusted Bitcoin Game | Huge Community | Free BTC | 1% on: January 30, 2015, 10:32:49 PM
The much requested tip log was added to profile. You can now track all sent and received tips from your account. Also the above issue with the bot was quickly fixed and won't occur anymore (thanks to everyone who notified me). Also we will likely be putting in a higher minimum PVP to prevent abuse from people transferring lower faucet balances.

Right now we've been working on tweaking around chat, we're looking at expanding the width of the sidebar at larger resolutions and removing a lot of the padding on chat along with placing messages and usernames on the same line. This should make the chat much more usable during times of high capacity.

Yes its about time that you put a higher minimum limit because all I see is people abusing the faucet.

For example

Gambler tipped 0.00050000 BTC to GamblerFaucet


Getting ridiculous
18697  Economy / Gambling / Re: Diggit.io | NEW: Referral System! | Over Dice? | 800+ BTC Invested! | 1% Edge on: January 30, 2015, 10:31:20 PM
Well whats good about this dice site in particular compared to the other sites out there is that this one doesn't make your browser lag like crazy.

but sometimes there are some server issues but they are rare.
18698  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Unbreakablecoin (UNB) | SHA256 - Over 3x Bigger then Bitcoin | No Premine on: January 30, 2015, 06:30:44 PM
Anyone know why this 6 month old dead coin all of a sudden is rising on Cryptys?

No news but miners are mining the hell out of it.
18699  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: January 30, 2015, 05:47:29 PM
Any idea why all of a sudden the SHA256 rates went up?

Any new alt coins out there that are SHA256 ?
18700  Economy / Gambling / Re: Crypto-Games.net - DICE (1% House edge, Provably Fair) & SLOT (2% House edge) on: January 30, 2015, 08:36:54 AM
Yes the edge for slots is kind of high at 2% but slot always have a horrible edge. You should ask any casino manager. They love peoeple who do nothing but gamble on slots.
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