Well, the ref page states that "You earn commissions from returning customers". I interpret that as a Yes, when people buy again, the original referrer gets credited.
I'm not sure which one is you, greyfoxsylux. The email just states the amount, and there's nothing else in the email that can be linked to anyone. Not that I receive loads of those emails, but I did get two or three in the past days
No big amounts, but maybe that will change. Guess most people are careful. I see the same sort of thing on PBMining. People buy a small contract and in the following weeks they buy a bigger amount.

I'm not using Multibit. I've got Electrum installed, but I'm not using it until I understand it fully. Or until I understand the restore functions properly! All the memory words and stuff like that confuse me. Mainly I'm using the good ol' original Bitcoin wallet. If I have to reload the entire chain it'll take ... days?! So, just in case of such an unfortunate event, I also use an online wallet. Two actually


I get it, but I'm not a day trader, and I still have to sit down and try and fully understand your wise teachings about comp**nd stuff. But really, I don't have time for day trading as well, so, for me, weekly payments would be just fine. Perhaps you could set up a day trading service and take 10% of the profit

Ritch, I think that's the first post of you that doesn't contain the word compound 


@BitcoinCloudServices.com: Finally have a good reason to ask, the new interface stuff, will there be an option to change payout dates? Currently payout is set to once a day. After I've ordered hashrate, in the Details View I see an option Payout Preference: Daily. That suggests other settings are possible. Can it be changed to weekly, or some other settings? And will that be something you can set yourself in the future?  It would be a good feature.

Heh, I was reinvesting just about all. Either in hashrate, or in means to get more hashrate, and the how and what of that second part I'll keep to myself, though one part is power consumption at home

Now I'm saving a portion of the (Bit)coins I make, and I do not reinvest all at once anymore. Trying to stick to a system of not doing things too quickly, and keeping some for those exceptional opportunities every once in a while. I actually spent some on KNC Miners recently, over 1TH/s for less then a bitcoin. Power isn't cheap here, but I did use earlier profit to buy wind turbine power for the next 15 years, so I can burn a bit more electricity at home. Thinking about doing that again as total power usage was supposed to double, but it's going towards tripling

Okay, for the referral thing, if you gained a referral then you should have received an email stating that you have a referral for 0.0087 BTC or something. Just a number I picked, think that one';s for the minimum amount of hashrate, 40GH/s. But that email contains the exact amount you'll receive. Since BCS offers a 7 days money back guarantee, that amount will be "Unpaid" (yellow dot with rounded down number in the table on the referral page) until after those 7 days. After the 7 days have passed you'll receive the full referral amount as stated in the email at the next payout.

Well, big benefit of services like BitcoinCloudServices is that they don't use actual mining income to distribute amongst customers. Instead they use a fixed formula, which means all the quirks of day to day mining have been taken out. No payments below expectation, though also no lucky extra block finds. Not sure if I would compare that to a bank account, but it means income is quite predictable. With some good knowledge, some good hunches about future difficulty increases and a good calculator you can make an educated guess about long term earnings. Use that as a goal and it can hardly be called unobtainable, so no more reason not to keep on mining. If we forget about risk for a bit ...

Temptation is never easy, but it's one of the things I mentioned. Don't act on impulse and stick to the masterplan. Once you get the hang of that you can start thinking about making an exception every once in a while

I don't wait for break even, so I do things a bit faster. Great benefit is that I earn faster, great downside is I also lose more. You can wonder which approach is the better one. But this approach is the one I understand best and I keep progressing further, so I stick to it.

Well, no issues for me, although I might not be the best one to compare with as I'm mining Megacoin only.

Err... It's not my business
And when it comes to support, I think I've already mentioned they could seriously improve on that, but I don't see that coming, and I'm hugely disappointed about that. I was just saying that they either don't have time or feel a direct need, probably both, to come up with daily (and I not even mean 24/7) support. Now value of altcoin is dropping like mad I don't see that happening at all. With other clouds emerging that do take care of their customers I actually worry. Or not. I think what they will end up with is a "small" amount of customers, each with a large amount of hashrate. Unless they start developing the plans they once had.

Ah, yes, you are right. I have the entire month of October in my head as exceptional. But it wasn't a single difficulty adjustment that caused the (well over) 100% increase.

Difficulty is already leveling off. Last year we saw insane inceases. Didn't we see a 100% increase in October? The beginning of this year was already quite a bit lower, and the last two months is again much lower. I was already using an average 15% to calculate future earnings, but even that needs some tuning now.
Decreases will happen when a lot of old miners drop out and not many new ones enter the arena. Not likely, but also not impossible.

But, technology doesn't rest. It's likely someone sooner or later will develop a new chip that's capable of much more. Development of current chips nad miners is also taking us further. I think new machines will go in two directions. One very high powered,very power hungry (though not per GHs perhaps) and very expensive machines for professionals. The other much more like the Antminer S3, very power efficient but low GHs machines for decent prices that home miners will use. Those will be the money makers for the hardware manufacturers. Anything in between will simply sell less.
But all that, in turn, can be changed by Bitcoin value rising beyond $1000 again

Well, having a double figure load of TH/s will give rewards for up to two years. 5 years... currently needs like triple figure TH/s?! I haven't looked at that. Looked at 20 or or 40TH/s? I had a memory once...
But anyway, the long periods are nice, but basically two years as a max is interesting even for very large amounts of hashrate. But maybe PBM wants to be ready for the 1st 100TH/s account. It won't be me, though I refer any such person gladly and with style.

Ich bin groß geworden mit Der Alte und Derrick. Kein Problem for me. I don't speak it very well, but I understand it just fine. Besides, just look at the numbers.

Aww, let rodeoclown set prices for once 

I'm also grateful for the low increases, and I think that's a trend that will continue, with an exception every now and then. Still, the road to Break Evensville is getting longer and longer

Just received an email from GM: Sie haben aufgrund Ihres Affiliate-Code neue Hashpower erhalten!


YAY! Gut news! Thank you very viel.


So... is this a clue about the coming Big Update?! 

Which brings us to the question: what if buying hashrate is no longer profitable? What if running all the equipment you have will start to cost more then it'll make? Obviously the difficulty can't go on forever either without serious impact sooner or later

Not really objecting, though there are a few cheaper ones, also some more expensive ones. Cheaper isn't always better, and more expensive isn't always more secure. But I like to mix

And yes, difficulty increase seems to be declining. Until new technology builds bigger and better mining stuff maybe. Then again, the Antminer S3 is new, but not more powerful, but more efficient. With current difficulty increases that can be quite interesting. Especially for home miners, such a thing (or even more efficient) might be better then having a monstrous machine in the house that draws so much power it makes the walls glow.

Begin maar lekker simpel en loop de bekabeling eens na, sluit de kabels eens opnieuw aan, en bij twijfel, sluit het ding eens aan op de kabel van een ander die wel een DHCP adres krijgt, en andersom. Als het probleem meeverhuist naar de andere miner, dan is of de kabel kaduuk, of wellicht de switchpoort of wat je ook gebruikt aan de andere kant van de kabel. Als het probleem met "werkende" kabel alsnog bij dezelfde miner blijft moet je het eerder in de netwerkmodule/moederbord van het apparaat zoeken. Iets minder tof dus.

Of werkt zo'n ding met wifi?!

Hoe dan ook, het is waarschijnlijk dat de Antminer zichzelf 127.0.0.1 toewijst omdat hij niks en niemand kan bereiken. Kabeltjes zijn vaak de oorzaak, net niet goed aangesloten enzovoorts. Gewoon opnieuw aansluiten doet dan al wonderen. Firmware gaat dit soort dingen over het algemeen niet oplossen.

It's a good start, greyfoxsylux.

If it's all you had, then next time consider not putting all in one place. Either spread it over more services, or simply keep some behind, and very best, both: spread the risk and keep some behind. Especially since you have a lot to protect with your mother.
You might not think it's very much, but what applies to big amounts also applies to small amounts. Plus, it's all you had, so it is much.
Teach yourself these little tricks and rules and stick to them, and later on it becomes natural, and with any luck will prevent you from acting on impulse. Usually impulses make you pay. Then again, yours might be way better then mine. Mine suck in general
Sticking to pesky rules slow things down, but nothing slows you down worse then losing all you have, believe me. Besides, you(r rules) grow and evolve.

And honestly, I don't have much. True, when converting all investments to dollars it's quite a bit, but I don't hold that kind of money, and what I have in total is built by small (re-)investments here and there, and so on, for months and months and months. And I keep on building, so I still hold nothing. If all of this crypto stuff dies tonight then I'll still have nothing. Though, it's a fun ride and I learn a lot from all things surrounding this. Including peeks in human nature. And my nature. Some surprises there


Ow, you might want to put that referral link in your signature though. In general, ref links inside posts will be removed by mods

Geen ervaring met een Antminer, maar kan die de DHCP server wel bereiken? En wat als je handmatig een ipadres/netmask/gateway/dns/etcetera inklopt?!

Owww, nice, thanks

I do hope things are okay though as the site is still down.

De een staat al een tijdje te niksen, en de ander heb ik een custom firmware op geladen en kijken hoever ik kom met tweaken-tot-je-een-ons-weegt. En ik kom een eind. Systeem draait op die 3 modules het laatste uurtje stabiel rond de 448/9Ghs. Kan misschien nog iets beter, maar met betere koeling. Bij mij staat hij op een rotplek voor zo'n warmteontwikkelaar, nagenoeg ingebouwd. Bureaufan staat er wel op gericht, kap is eraf, en de temperatuur is te vergelijken met het plaatje wat ik al geplaatst heb.

Nu het systeem lekker draait op bijna 450Ghs zou ik bijna twijfelen, maar ik heb maar plek voor 2 van die apparaten. Ik heb er nu 3, eentje doet niks, en er komt er nog 1 aan, dus 2 moeten weg.

Als je het nou eerder had gezegd, ik was zaterdag in de buurt van Hellendoorn. Ik had ze zo op je deurmat kunnen afleveren
Maar goed, stuur maar een pm-tje hoe je het wil regelen