I'm sure it will. I don't buy in to all the doom and gloom stuff. The current price is where it was when I got into bitcoin. New tech will be coming out that hashes much better than what we have today and the old tech will be selling for cheap. Just think of what a 100Gh/s was going for 6-7 months ago. Really it's no different than the PC market in respect to advancements. As they say, patience is a virtue.
My sentiments exactly. Once I get 6 to 8 S4's, I will then begin selling S3's on eBay to replace with S4's. I'm sure something will come out this time next year to replace S4's I'm pretty confident BTC will be approximately $1,000.00 by this time next year. At least I'm betting on it by getting these rigs. |
|
|
|
I might be able to purchase two units. Talking with the current owner on a deal. If I can, I'll have roughly 260-270 Gh/s total. My end goal is to supplement my monthly income since the job market here is terrible. No body is hiring for more than 30 hours a week.
Trying the old "smart small" routine.
I understand... I found it takes a LOT of hashing power to do any kind of substantial supplemental income. That's why I started out with 16 rigs [all S3's]. My goal is to add an S4 every month to these S3's till I've added 6 to 8 S4's to them. It is getting crazy right now with the way this difficulty is going up. We need the price of BTC to go up BIG TIME. I'm thinking seriously about getting the power company to add another 200 AMP meter to the side of my house with another cable feeding it. I would rather spend the money on that than spend the money on a lease every month for a building somewhere to do my mining. I don't have the capital for that. |
|
|
|
I'll have to look into the kWH. I'm in NW Indiana, it's really not bad here.
I'm looking to buy a RockMiner NEW R-BOX and the Power Consumption is: 110W~120W. I have some extra BTC from an illustration gig and thought I'd add more hardware. I've been using the YellowJacket USB miners x16 with a powered hub.
With difficulty at 39 billion; BTC @ $332.00; Electricity @ .10 cents per kWH; and watts @ the wall at 120 watts Power costs for 1 month = $8.77 Revenue for 1 month = $14.03 Less Power Costs for 1 month = $5.27 [A GAIN]Of course, this is IF the difficulty stayed at 39 billion for that entire month. It looks like difficulty could be as high as 45 billion in 12 to 14 days: Bitcoin Difficulty: 39,603,666,252 Estimated Next Difficulty: 45,052,631,237 (+13.76%)Adjust time: After 1975 Blocks, About 12.7 days Hashrate(?): 304,054,554 GH/s Block Generation Time(?): 1 block: 9.3 minutes 3 blocks: 27.9 minutes 6 blocks: 55.7 minutes Updated: Power costs for 1 month = $8.77 Revenue for 1 month = $12.16 Less Power Costs for 1 month = $3.40 [A GAIN] w/diff @ 45 Billion; BTC @ $332.00 |
|
|
|
I'm adding to my hardware. Is $80 for 110 Gh/s worth the cost? Whatcha guys think?
Watts? and Power costs per kWH? If watts were 200 watts at the wall and power costs are .15 per kWH @ 39 Billion difficulty & $332.00 per BTC: Power costs for 1 month = $21.92 Revenue for 1 month @ $332.00 for BTC = $13.81 Less Power Costs for 1 month = minus (-) $8.11 [A LOSS]Depends on your watts and power costs... An S1 at 180 Gh/s with BTC at $332.00 and 350 watts at the wall with 39 Billion difficulty and power costs @ 0.15 kWH:
Power costs for 1 month = $38.35
Revenue for 1 month = $22.56
Less Power Costs for 1 month = minus (-) $15.79 [A LOSS]An S3 at 450 Gh/s with BTC at $332.00 and 375 watts at the wall with 39 Billion difficulty and power costs @ 0.15 kWH: Power costs for 1 month = $41.09 (.15 per kWH) Revenue for 1 month = $56.39 Less Power Costs for 1 month = $15.30 [A GAIN w/power costs @ .15 per kWH]Power costs for 1 month = $21.92 (.08 per kWH) Revenue for 1 month = $56.39 Less Power Costs for 1 month = $34.38 [A GAIN w/power costs @ .08 per kWH]With BTC price so low at the moment in relation to difficulty, one's power costs and watts at the wall in relation to hash rate is VERY important to KNOW if it's worth it or not. My power costs are .08 during the winter in Alabama. So, that helps a lot for me to go with a difficulty that is quite high with S3's. It would be much harder for those who have much higher energy costs. Using an older rig that uses more watts than hashing power (200 watts for 110 Gh/s) is not good in this high difficulty environment and BTC at a low dollar value. If it uses 300 watts for 110 Gh/s, that is even worse. |
|
|
|
It's saddening to see the Diff shoot up so fast so high. in so little. Curse you Bitmain and these new hardware. I fix my hardware and my setups outside and indor for winter.. I turn on another S1 to catch up a bit.. bringing me up to 1.6TH/s and now in a day.. itll all be for nothing... Well not nothing.. but yea. Dang i need a real Job, or need to wait for a higher $/BTC and order some S3s. Soon.. ill be out of the race once again  God.. Why did i ever spend so much damn money into Remote Control Cars...... Why didnt i invest it all into BTC hardware.. Dang hobbies.. why you gotta be so fun. LOL Might have to put some remote control cars up for sale on eBay and get some S3's... Especially, after seeing this: Bitcoin Difficulty: 39,603,666,252 Estimated Next Difficulty: 45,017,908,770 (+13.67%)Adjust time: After 1985 Blocks, About 12.8 days Hashrate(?): 300,988,886 GH/s Block Generation Time(?): 1 block: 9.3 minutes 3 blocks: 27.9 minutes 6 blocks: 55.7 minutes Updated: 0:25 (1.4 minutes ago) |
|
|
|
|
I was hoping that ETF would be up and going before then and send it to the moon but it doesn't look like that ETF those twins are starting will get the go ahead until the new year.
|
|
|
|
dmwardjr, noticed you were back. Just a reminder for you on 11/27. Page 954.
I haven't forgotten more than likely I'm gonna be transferring 0.1 BTC to you However, lightning could strike. LOL |
|
|
|
Not again!
Please, use the hardware thread instead.
Do y'all not have anything else to whine about? Damn... |
|
|
|
Looks nice... but unfortunately I cannot find a source for this equipment in the UK
I've done more research on this company. They have great technology in solar. However, they did not manage their debts. They are about to go bankrupt... unfortunately. So, it makes me wonder how future service on these would be... not too well. |
|
|
|
I understood what he asked just wasn't to sure how to answer with good reason. i did word what i meant wrong after you explain it and ty for that  . I know most of what you explained but one or two things how to judge how much your house can handle and how to figure it thanks again for that i will use that . I guess I mean i hate paying the power company and would rather pay some one else who will put it to better use imo. but i do limit what i spend each month on stuff sense i don't work being retried and buying hash now from coins then in two day i turn my farm back on . maybe that explains what i meant . but I am gonna use your tips and find out just how much i can handle. I have a house with air etc ... all the stuff your does. .. and your right why not if i think about it why not, just pay the bill , i can add more of my own hash that way and am planning to any way just waiting more to see what they come up with. hardware with more hash, less power use there coming we see that . Nice explain btw . ty and cya The BEST way to pay for the power, in my opinion, is something like this: http://www.amazon.com/gp/product/B00IXFT9J2/ref=ox_sc_sfl_title_5?ie=UTF8&psc=1&smid=ATVPDKIKX0DERhttp://www.andalaysolar.com/solar-system-overview/ |
|
|
|
Bitcoin Difficulty: 35,985,640,265
Estimated Next Difficulty: 39,290,252,296 (+9.18%)
Adjust time: After 487 Blocks, About 3.0 days
Hashrate(?): 310,130,836 GH/s
Block Generation Time(?):
1 block: 8.9 minutes
3 blocks: 26.7 minutes
6 blocks: 53.4 minutes
Updated: 22:25 (6.3 minutes ago)
Next Difficulty won't be to bad i use this just figure how many coins I'll make https://alloscomp.com/bitcoin/calculator it give me what i need to know for renting hash which i do during the month once i reach my power limit i set for the month . and right now in the stats page we just got a short one love it . 23043 2014-11-02 04:57:14 0:44:35 Processing... 328131 25.14867550 100 confirmations left 23042 2014-11-02 04:12:39 0:33:13 3726178150 1091437 0.00712238 328127 25.07133452 96 confirmations left 23041 2014-11-02 03:39:26 2:52:18 19489937410 7814465 0.00811118 328123 25.12728090 92 confirmations left 23040 2014-11-02 00:47:08 4:06:30 27576861180 11587790 0.01020308 328104 25.11308053 73 confirmations left 23039 2014-11-01 20:40:38 4:44:24 31799962362 6485914 0.01008023 328076 25.17263706 45 confirmations left 23038 2014-11-01 15:56:14 1:03:41 7061813085 2634208 0.00901537 328042 25.04819083 11 confirmations left You running about 3.4THs? What is your power limit? And out of curiosity why set one for yourself in the first place? no real power limit other then cash per day never looked at it in terms of kw more in money. i guess i should say what i mean : i don't use over a dollar mount by the power company smart meter graphics etc once i reach a dollar amount for that day or month i stop using my farm and by hash so far it seems to work out for me. as for a power limit in the house no idea i haven't tired to push it yet. i have gone as high as 1860 watts over 30 days had no problem then the bill started going up but there was also a bad wire out my side my house it took them 3 hours to find and replace so no idea and buy power limit if you mean how much I can use safely i honestly don't know but with my power company i can use as much i can pay for which i don't want to do. Sorry I'm learning some terms and just what they mean here to others . I just lost some hash i bought yea i was about at 3 th or so with out my farm and just lost 1 th so temped to turn my farm back on and make up the diff. ... hope that's the right answer . to me power limit means how much you can use in your house before you have to install more boxes to handle more etc etc. , which I have not tried to fine out yet. but it seems here on the forums it mean some thing diff . i hate asking question of that nature i usually fine out over time .i should have worded it diff my bad. i hate spending money for power imo it should be cheaper but that's off topic so i won't go there . . Not quite sure what is meant about "Power Limit." So, I'm going to take a poke at it to see if I can help. My house has 200 AMPS. How do I know this? The meter on the outside of my house is a 200 AMP meter and the Main Breaker panel in the house has a 200 AMP main breaker with cut on/off switch. Each AMP [AC] can push 120 watts of power. So, a 200 AMP Main Breaker Panel can push 120 x 200 = 24,000 watts. By the way, the unit of measurement for Power is watts. 24,000 watts is my "Power Limit" for my house. However, I have other appliances in the house that REQUIRE power to maintain a comfortable living. I looked up my HVAC (Heating, Ventilation, Air Conditioning) unit to find that it requires 30 AMPS to start and then settles down to 20 AMPS after approximately 5 to 10 seconds. I also have lights in the house [all with LED bulbs], clothes drier, washing machine, refrigerator, microwave, modem, router, switch, stereo receiver and 2 televisions. All of these other appliances require approximately 60 AMPS of constant power if they were all on at the same time. 80 AMPS is what is required to run my house for the most part. Some of you might say it is 90 AMPS because of the 30 amps instead of 20 amps needed to start up my AC unit. However, I have a heavy duty capacitor installed [approximately 10 feet between the unit and the main panel] to store electricity to reduce the surge on my other appliances. That leaves 120 AMPS left over for mining. 120 AMPS x 120 WATTS per AMP = 14,400 WATTS of power allowed for mining. If I had 16 S3's [which I do] at 355 watts each, I'm already using 5,680 watts of my allowed 14,400 watts. This leaves 8,720 watts for S4's. That means I can get six (6) S4's and be fine with my "power limit." So, when someone asked you, "What is your power limit?" I think that is what they were referring to. I could be wrong about this but thought I would give it a shot. Someone also said, "Why limit yourself?" The reasoning behind that question is because you can always convert your Bitcoin to USD to pay for your power used and still have USD left over [at least at present price of BTC and difficulty]. You may only want to convert what bitcoin is needed just to pay off your power bill and leave the rest of your bitcoin alone to wait to purchase more rigs when bitcoin is worth more USD. I believe bitcoin will be worth much more before too much longer. Not sure if you live in an apartment, single family home, etc...? You need to go to your power meter that the power company reads to determine how many amps it is. It may not actually say how many amps. You may have to write down the model number of the meter and look it up on the web. Then you need to find your main breaker panel and find out how many amp main breaker panel switch you have. I can answer any other questions you may have after you have found out the answers to those two things. I hope this may have clarified some things for you. EDIT: ...i honestly don't know but with my power company i can use as much i can pay for which i don't want to do.
I suppose we could use "how much we can pay for" but it actually has limits. If you have a 200 AMP meter on the side of your house [Like I do], you are presently limited to 200 AMPS or 24,000 WATTS of power minus wattage needed to run HVAC, washer, drier, etc. You might can get another meter installed on the side of your house to gain more watts. However, this will come at a cost you may not be willing to pay. This may include the power company burying [As in my case] another cable from the transformer to the side of my house and install another 200 AMP meter. I'm not sure if they will charge me for the cable and to bury that cable or not. More than likely they will charge me. As far as your statement, "...for which I don't want to do;" my question would also be, Why Not? You can always convert the BTC that is needed to pay your power costs into USD on Coinbase. That is why someone asked earlier, "Why not?" |
|
|
|
|
Bitcoin Difficulty: 35,985,640,265
Estimated Next Difficulty: 39,290,252,296 (+9.18%)
Adjust time: After 487 Blocks, About 3.0 days
Hashrate(?): 310,130,836 GH/s
Block Generation Time(?):
1 block: 8.9 minutes
3 blocks: 26.7 minutes
6 blocks: 53.4 minutes
Updated: 22:25 (6.3 minutes ago)
|
|
|
|
Chrome on Mac works the best, Firefox is good but can eat up ram at times. 99% of CPU AGAIN!!!
I just don't understand why it's only THIS website. Just makes no sense to me at all. I can surf the web all day long with no problems to many various websites. If I stay on The Guild's website for several hours, it will eventually start using 99% of my CPU.
okay thx! |
|
|
|
99% of CPU AGAIN!!!
I just don't understand why it's only THIS website. Just makes no sense to me at all. I can surf the web all day long with no problems to many various websites. If I stay on The Guild's website for several hours, it will eventually start using 99% of my CPU.
Why don't you just try a different web browser. It's not like safari is a premium browser anyway. And your not browsing other web sites with the dynamic tables and graphs that BTC Guild has available, so it could very well be a browser problem that only manifests itself on the Guild. Just a suggestion. Okay Let me try FireFox for a while |
|
|
|
|
99% of CPU AGAIN!!!
I just don't understand why it's only THIS website. Just makes no sense to me at all. I can surf the web all day long with no problems to many various websites. If I stay on The Guild's website for several hours, it will eventually start using 99% of my CPU.
|
|
|
|
Slight correction: The site "uses flash" if you're not logged in, since the front page has a YouTube embed of the We Use Coins video. No other page has it.
I just edited my previous post with a screen shot not sure if you have seen it. That box is also next to every other page you have open, including ones which have absolutely no Flash on them. But again: This is what you get for using Yosemite+Safari less than a month after it's released. A buggy piece of software. EDIT: It's also next to things which aren't even websites (com.apple.internetaccounts). BY THE WAY, I do owe you an apology from discussing my CPU usage earlier in Slush's Forum. I was ignorant of several things. No need for me to go into details here. I admitted my ignorance. I got some mean responses directed towards me because of my ignorance. It's all good now. Just want to apologize! |
|
|
|
Slight correction: The site "uses flash" if you're not logged in, since the front page has a YouTube embed of the We Use Coins video. No other page has it.
I just edited my previous post with a screen shot not sure if you have seen it. That box is also next to every other page you have open, including ones which have absolutely no Flash on them. But again: This is what you get for using Yosemite+Safari less than a month after it's released. A buggy piece of software. LOL I suppose. It seems to be working fine now after I purchased a couple of apps to clean up my Mac. I'll delete the screenshot now to rid the forum of data use/free up space. |
|
|
|
Slight correction: The site "uses flash" if you're not logged in, since the front page has a YouTube embed of the We Use Coins video. No other page has it.
I just edited my previous post with a screen shot not sure if you have seen it. ck said it could have been a Java script going haywire but I don't think so. |
|
|
|
|
Hmmmmmm
I assumed that 3 dimensional box symbol to the left of "Safari/BTCGuild" was Flash Player. It had that same symbol next to other things in Safari using "Flash."
Just thinking out loud.
It's not doing it anymore and that's a good thing. I can click back and forth all I want in different windows on your website now without any worries of the CPU going nuts.
Also, the moment I navigate to your website, Flash Player moves to the top of CPU in my activity monitor.
I will delete this screenshot through "edit" after you have enough time to see it.
That same little 3 dimensional box next to flash player was the same box next to Safari/BTCGuild earlier today.
|
|
|
|
|
I think I may have figured it out.
I bought a "Duplicate Detective" Application at the App Store to rid my Mac of any duplicates. It ended up I had five (5) Flash Player Apps [All the exact same app]. Why the installer never deleted the older ones, I have no idea.
I believe it would open all 5 Flash Player versions when it was needed. Which in turn, would use tons of CPU. It's a guess. I don't think it will happen again. We'll see.
|
|
|
|
|
Show Posts
