What we've had to learn the hard way is that home mining involves spending hundreds to thousands of dollars in order to get the opportunity to get back something that will fill your piggybank each week, enabling you to make small purchases, like of a bag of candy for Halloween.

Thank you manmaxz for participating, hopefully we can get more traffic to our exchange, in time.

The coin is still being mined by a few people in our small community.  We have a message forum, however there has been no new people who have joined.  Our number is fixed at 23 members, which includes me twice.  As I accidentally registered twice.  A part of the original goal of this coin was to also serve as a way to promote literacy of cryptocurrency and adoption by the people of Quebec.  However, being realistic, that goal could very well end up being achieved without Quebecoin.

https://quebeco.in/forums/


 We lost our  position on bittrex, due to low trading volume.  However we have set up our own trading platform here:  

http://exchange.cryptobec.com/

 The original developer is no longer involved in any way as far as I know.  Many of us have been busy working on different projects, so Quebecoin is on the backburner for now, but we intend to keep working on it and see where it might go from here.

I am down to about a third of a bag, so I wouldn't mind ordering another of the house blend.

I am also out.  I just turned off my S1 and 6 HEX16A2.  I had a look at my BTC guild withdrawal stats and I only had 2 payouts for over the past 7 days, which doesn't cover the electrical costs.  Especially with the current low value of BTC.  At the moment I have no future plans to mine bitcoins.

The only way to accomplish that would require providing some incentive (an offer they can't refuse) for a certain percentage of the current miners to unplug their machines and give up on bitcoin mining altogether.

I moved my Antminer S1 outside at the beginning of July, once I realized ot was throwing off too much heat.  I have had it running outside this entire time on a covered porch, no rain is able to get near it.  I am in Cornwall, Ontario.

Valkir,

Si tu voudrais télécharger la porte-monnaie Québecoin et afficher ton adresse ici, je vais t'envoyer des QBC.  En échange, je vais essayer les teslacoins.

Le but de Quebecoin serait de faire la promotion de la cryto-monnaie chez les Québecois.  Cependant, il y a le hic qu'il faut déjà avoir acquis des compétences assez avancées en bitcoin avant de progresser vers les altcoins comme le notre.  Pour faire une comparaison avec les arts martiaux, la ceinture blanche serait télécharger son premier porte-monnaie bitcoin et recevoir quelques centaines de Satoshis gratuits d'un robinet Bitcoin.  Plus avancé que cela et ton ceinture change de couleur.  Savoir comment utiliser les Québecoins correspond à un niveau d'apprentissage plus élevé que le débutant.

Well isn't home mining also doomed when everyone is unable to get a decent return on their investment in mining equipment?  Then, if we can't get ahead ourselves, how do we manage to convince new people to get involved with bitcoin.

Bonjour Valkir,

Je viens de remarquer que t'as demander à Andelin s'il pourrait envoyer son boeuf vers le Canada.  J'habite près des douanes américaines, et j'ai déjà essayé ses produits.  L'autre jour j'ai fait un ragoût de boeuf au légumes avec le dernier paquet de boeuf en cubes. Peut-être un jour notre petit groupe pourrait organiser une soirée barbecue avec des steaks Andelin.

Yes, but it was also inevitable, since the interest level in this coin is currently low.  There is no way to sustain the minimum trading volume that Bittrex demanded.  Getting a handful of people to artificially inflate the trading volume would also be a waste of our limited resources at this time.  Bittrex is very inflexible in that respect, sink or swim.  

This is an excellent idea.  I wonder if you might consider making any mandolin family instruments in the future?

This is a really great value.  Comparable in price to the "warehoused" brand I usually get at the drugstore, whenever it goes on sale.  However, unlike that one, this is really fresh coffee.  With ordinary run of the mill coffee, I generally just have one cup in the morning.  With this coffee, I take a second coffee break early afternoon.  

Actually, this past payout was the very best I've seen in a while.  That is in the sense that the decrease from the previous week was the smallest we've had in quite a while.  That ought to put things in perspective.  We hope to see that happen more often, because eventually the payout will go down to the level of bitcoin dust.

Home mining in general has been an incredible novelty for the person just getting in with their first piece of mining equipment.  The sense of novelty is enough to distract us from the fact that breaking even, no matter how loosely you define it, is the exception to the rule.  What you should congratulate yourself for is stopping yourself from buying more mining equipment to plug in.  With a finite amount of resources, we simply can't compete with companies in the bitcoin space who are able to use the multiple tools at their disposal to maximize their profits.  Since this is a losing game, if you scaled up the size of your investment you could really get yourself into financial trouble.  What's needed is a better way to invest in what works.  Home mining no longer works well for generating profit. If it ever did, it was for a very short period of time.

I just had a look at the completed listings of sold antiminer S1 on ebay.   Quite a few of them still selling at around the $150 level when you factor in shipping costs.  Shows how the uninformed can easily drive up prices at auctions.  I paid $300 (including shipping costs and taxes at customs) for an S1 at the beginning of July.  According to the retro mining calculator I made back about half of that, $150.   Probably the norm for any used miners you get at free market prices.

The time needed to recoup the BTC invested could also approach infinity, for those who bought contracts after a certain point in time.   Likewise, people who had the good fortune to buy early contracts, or else start home mining at the key earlier points in time would have done quite well by now.  The desire  to follow in their footsteps is what compells newbies to head down the path of throwing good money after bad.  Yet it has been tough for the average user to grasp just how dramatically earnings will decrease over time.  Also, too much of the bitcoin economy has come to revolve around ripping people off. 

Yes, I have already enjoyed two cups of coffee.   It does have that same delicate aromatic quality I noticed after I roasted some beans in the oven that one time.  It is very good.  Another sign it is very fresh coffee when you use the slow drip method, the coffee really foams up a lot more as you add hot water to it.

I think that the three year window is going to be exaggerating the useful life of most contracts (unless they are huge in size).  Consider that the trend for many of the paydays has been roughly 10% less than the week before.  Not always that much, but often enough.  At that rate, there will be very little being generated on smaller contracts in a year from now.

The bar is set pretty low in most of North America when it comes to the quality of coffee that the average person looks for.  Even more so when it comes to what people brew at home.   One of the best coffee's I've tried was a bag of green beans that I roasted in my kitchen oven at the highest temperature.  Not exactly practical, but it was worth a trying in order to get an idea of how good fresh coffee tastes and smells.  The aroma of freshly roasted coffee is quite different from what we find at the supermarket.  I usually buy Kicking Horse Coffee, easy to find around here (in Canada) and is relatively good for mass market coffee.