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321  Other / Off-topic / Re: I know its bad but..... on: September 14, 2014, 01:28:59 PM


This one looks way better...
322  Other / Off-topic / Re: Do you like cheese? on: September 14, 2014, 01:28:08 PM
Who doesn't like cheese? Unless you are allergy to it
323  Economy / Service Discussion / Re: Genesis-Mining Review on: September 14, 2014, 01:27:37 PM
What about doge merged mining? Any word on that?

Well i know that we just added it to our pool.

Also, Marco is always up to the things that make everyone more money... So i would say... most def.

Nice, we need more merge mining pool to get things going..
324  Other / Off-topic / Re: What's your smartphone? on: September 14, 2014, 01:26:32 PM
Changing HP soon, which one should I buy?
325  Alternate cryptocurrencies / Mining (Altcoins) / Re: How correct are current mining profitability calculators? on: September 14, 2014, 01:21:59 PM
Mining profitable on bitcoinwisdom is quite accurate. U just need to predict the right difficulty increment trend.
326  Economy / Speculation / Re: Bitcoin price can only rise, here's why on: August 22, 2014, 10:39:33 AM
Because the number of bitcoins that can ever be created is limited, because the cost of mining bitcoins will keep getting higher and higher as it gets more difficult to mine, because less and less bitcoins will be mined the more there are mined, because awareness and adoption and infrastructure can only grow, because more people are going to want bitcoins, and because fiat is inflationary,  the value of bitcoins will and can only rise. Bitcoin has the law of mathematics backing it, the only certain law that governs the universe.

Well, only if people want Bitcoin. See what happen to Litecoin?
327  Other / Beginners & Help / Re: What is the most expensive thing, you have bought with Bitcoin? on: August 22, 2014, 10:38:47 AM
The most expensive thing was using bitcoin to buy antminer S3.
328  Bitcoin / Mining speculation / Re: Want to start mining need help on: August 22, 2014, 10:35:59 AM
Electricity is not an issue because there is cheap electricity in my country just curious or say want to try it just asking which hardware is good and will I able to cover my hardware price and will able to buy new hard ware from money it generate thanks for reply also I want to expand business not just hobby. ALSO avalon3 is 325gh/s and Antminer s3 is 453gh/s. Both are not 800gh/s. How much I will be able to generate from them

How cheap electricity is cheap? You would be surprised that you can't ROI even with $0.05/kwh.
329  Bitcoin / Hardware / Re: Is it worth it to buy a used ASIC at a discount? on: August 20, 2014, 04:02:50 AM
I see a HASHRA Lunar Launcher 14MH on craigslist for $375. It is used but it is also quite a bit cheaper than a new one.
I live in the Pacific NW, where electricity is really cheap, so I'm thinking there might be a chance at recouping the cost. Then again this person obviously lives up here too and they're selling.  Also looking at a Gridseed blade for $600 and a Antminer S3 for $420...


What do you think?

That is weird, normally 2nd hand is much more expensive then new but you are good to go ahead and buy. It should ROI better..
330  Bitcoin / Mining / Re: Antminer S3 upgrade kit???? on: August 20, 2014, 03:45:33 AM
The S1 upgrade kit to S3 is not worth it, its like throwing away S1 and buying a new S3... unless its dirt cheap and can ship now..
331  Other / Beginners & Help / Re: can some one guide me i am new on: August 15, 2014, 11:20:21 AM
hi guys,
            can plz someone help me. i am wondering  can i earn good money from mining bitcoins the reason is where i live electricity is totaly free for me  i dont have to pay a single penny for electricity and i have access to internet 24/7 the speed is avg 600 kbs down speed and avg  250 up load and its totaly unlimited i pay only    aprx 25 usd  i have two core i7 pcs and two  p4 pcs and i can also buy 2nd hand pcs at low cost but dont have access to mining hardware as saw on internet  or any other latest hardware refering to mining and i know nothing about mining so plz can some one answer the following HuhHuh?
1. can i really  earn money or  am i just dreaming ?
 if the answer is yes
2. what should i do to earn money and how to start mining?

remember i know nothing about mining so plz guide me in an easy way

thanks in advance

Jealous, but I don't understand why some part of the world give free electricity?
332  Bitcoin / Mining speculation / Re: Mining still worth it? Should I get in now? Here is my situation. on: August 06, 2014, 05:23:42 AM
Hello everyone. I am now in a situation where I can spend some money on bitcoin. So far it seems like a good deal to do so.

I have around $5000 to spend. I was looking at a machine that has 4.1-5.0TH/s. I was going to mine for a couple months until break even, then buy another machine.

Power consumption should be 2600-3200 W

My current electricity cost is $0.115 (11.5 cents USD).

Do you think its worth it to start now or have I missed my chance?

Also, if I were to buy equipment and bitcoin goes away tomorrow, what can i do with the equipment? Can the same equipment mine for other crypto currency?

Let me know what you guys think.


Thank you everyone!


PS sorry if this is a double post. im having comp issues



below is the calculator i used. does this look accurate?



Buy BTC instead, 0.1 is not competitive enough...
333  Bitcoin / Mining speculation / Re: What is up with the hashrate? on: August 06, 2014, 05:22:50 AM
What is up with the bitcoin hashrate jumping between 125MM GH/s and 160MM GH/s???  Does anyone know what causes this?

If you are talking about the hashrate you get from pool then its variance, but from your program it should be stable....
334  Bitcoin / Mining speculation / Re: What Bitfury does with their own hardware. on: August 06, 2014, 05:21:50 AM
I'm going to have the biggest shit eating grin on my face when we hit the next halving.

105 weeks, 3 hours, 30 minutes.... Smiley

Do you think the price of BTC will go up with the halving?



I believe the btc should go up when halving, you know supply vs demand...
335  Bitcoin / Mining speculation / Re: Which pool will yield the most bitcoins? on: August 06, 2014, 05:19:44 AM
Find a pool that has no fee is the best.

So a pool that has no fees and 2% orphan rate, 1% reject rate and 0.5% downtime is better than a pool that has a 2% fee, 0.1% orphan, 0.1% reject and no downtime?

Penny wise, pound foolish

So a pool that has no fee, 0% orphan rate, 0% reject rate and 0% downtime is the best... Do we have such pool?
336  Bitcoin / Mining speculation / Re: New to Bitcoin need rig for college (don't pay electricity fee) on: August 06, 2014, 05:17:25 AM
You should worry about the heat, most college don't have good ventilation...
337  Other / Off-topic / Re: How long have you been logged in for? on: August 06, 2014, 05:14:17 AM
Total time logged in: 9 hours and 12 minutes.
338  Economy / Speculation / Re: How much of your earning you are converting to BTC? on: August 06, 2014, 05:08:56 AM
Only about 10% as I have too much expenses going on...
339  Bitcoin / Mining / Re: What does this mean in Bitcoin mining term? on: August 06, 2014, 05:06:37 AM
Bitcoin hardware is too hot to put in dorm, your room mate will complain in no time...
340  Other / Politics & Society / Re: Argentina default, why didn't bitcoin go up more? on: August 06, 2014, 04:54:05 AM
Because bitcoin is already too expensive... the impact is too small...
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