1k+ a month? That is not possible only by faucets or only by signature campaign.
To earn that amount of money you have to hard work and have good skills like developing apps, exchanges, websites etc.
It depends on which country do you live but 1k+ a month is more than good enough for a person.
Yeah, it is not possible for only one thing, like I join signature campaign, I got paid 0.05btc to 0.1 btc per week if I post a lot, I can get 0.0014btc per post rate which is highest in the community. If i only claim faucets, maybe only 0.01 btc in one month, but i didn't make so much before.  Let's say that you earn 0.14 BTC in a week that is 0.56 BTC within a month. That is the most that a hero member can get which is pretty good, + other sources you probably can reach ~1 BTC a month. for real? a hero member that still claim on faucets?  what i expect to veteran members is earning 1 BTC a week online am i right or not? i am really surprised that there are still old members that uses faucets. It is just a forum rank and it does not prove that you are earning 1 BTC+ within a week. If you are willing to make more than the usual 100~ posts, then you can make 0.2-0.5+ BTC per week. Of course you need to treat it like an actual part/full time job, but it is doable. I'm not able to make 2+ BTC per month with it but i know some who does. I still make a fair bit over 1 BTC per month currently. |
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you can simply leave the amount on the excahnge, usd should be backed up more than bitcoin in case of fraud, but if it is a big amount you need to verify yourself first
exchanges can still block your account, or just steal your funds. I would never hold any currency in an exchange for long Unless you do something illegal, i think exchanges such as Coinbase are properly insured; "Coinbase is insured against employee theft and hacking in an amount that exceeds the average value of online bitcoin it holds at any given time." You just have to see where the affected laws are in effect and enforced, which may be limited to the US and Canada at the moment. |
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as it says i'm 100% noob to this bitcoin word i have seen some ads talking about bitcoin mining and wasn't able to understand it  could you please explain to me what is that mining and how to earn bitcoins from it thanks  Mining = minting bitcoin. But mining bitcoin is helping to stabilize the network and maintain it. It's like a maintenance tax, that is necessary to keep bitcoin alive. Miners get rewarded by this, and its very profitable , but only for big miners not small ones I'm small, and its profitable, you just need to do it in the right conditions. The miners get all the TX Fee and the block reward and i get a self satisfying part of it with my home mining.  |
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With free electricity, no difficulty increase, the ROI time is next year in March. Not particularly "in no time" for me. With 0.08 Electricity and 2% increment, you will never break even. Your only strategy for ROI would be to mine it for a bit and then sell it before it devalues.
DEPENDS ON THE VALUE OF BTC! Wouldn't it be much better if you just purchase btc and save yourself of the risk of not breaking even + noise + psu + wire + heat? But where is the fun in that?!! Well you know, if your plan is betting on BTC to raise 20%, you might as well just hodl that 8BTC and i'm pretty sure this result in higher ROI than mining with it under those conditions, but hey, what would i know? I don't hodl.  |
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buying in volume decreases the amount you spend on shipping, decreases unit cost, etc for both miners and PSU's.
Sometimes, when you CAN get a volume break, you can save a little on cost through bulk buys. I doubt it would be make the difference between making RoI and not though, unless someone was right on the edge already. I did say that amount invested has "pretty much", no "no" effect on profitability after all. At most it's a very minor consideration compared to the other 3 - and is largely covered by my criteria 3 when it comes to the bulk purchace aspect anyway. You can get small volume breaks too by picking up deals from local people wanting to hand off their miners easy, quick and cheap. I got a S4 for 425$ that way, a S5 and looking at a couple more right now. The amount of good deals are very limited, so only suited to someone with time but only a small miner capacity. |
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 So a call of Shenanigans is just then, huh ? not surprised that Homero J Garza, Former CEO of GAW and Paycoin (scam, fraud, criminal), is using legit companies like Vision Innovations to fake his curriculum vitae on Linkedin. Well now that he made so many friends online, he better get a face change if he want to lay off the heat. I don't think the community will let him do anything on his current online names, for like, 25 years. |
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So whats up with Bitmain, they listed Batch 2 and Batch 3 of the S7 and Batch 1 has not shipped yet? Also, Batch 3 is $200 bucks cheaper then batch 1. Nothing like feeling screwed! They will all probably ship around same time and if you buy Batch 3 its $200 less. Thats not right. Also Batch 2 has less hash with same amount of chips? I don't get that unless its unlocked at the factory or maybe batch 1 and 3 is overclocked....
Anyone have any insight?
Batch 1 & 3 are meeting the original spes and are running at 600MHz, 1210W giving 4860GH/S They then seem to have some units, that guessing have an unacceptable HW Error rate, so they called them Batch 2, have turned them down to 575MHz, 1160W giving 4660GH/S selling at $73 less than Batch 3. Rich Insights hmm. Let see. Wasn't Bitmain offering some credit or partial refunds on the Batch 1 depending on what you got and the price difference? Pretty sure some people said they wish they would get more but they got something in compensation? Yes, but I thought that was due to issues with PSU's on the S4's. The 1st batch had a high PSU fail rate. I don't think they did anything with S5's, I bought a bunch but can't remember if it was batch 1 or later. They gave credits for S3 Batch 1 for all units because so many were hit and miss, etc. I think if you have an issue with your miner, even if its just the price change, they usually don't fuck you over. I can swear someone merely said he got a small refund because of the price difference. |
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arent additional PCIE needed since that PSU comes with only 8?
8 should be fine on any reasonable PSU, I run with 7 with 16AWG and cables are good. There simply isn't a cost efficient PSU with 10+ so if you want more you'll have to pick up some 2x molex to PCI-E adapters. For someone so adamant about giving others legal advice, I would say it's unwise to recommend anyone configure their $1800+ miners in a way that may void warranty with the manufacturer. Not that I disagree with you in the least on the matter... How exactly could they ever know if you're running each board with 2 PCI-e instead of 3 PCI-e? 200Watts per socket is well into the safety margin, unless you're using cheap ass pci-e connectors, they will most likely work without even heating up. |
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Wow have seen heatsinks coming off but it looks like those chips got hot enough to desolder themselves. Rich Uhm wow, is that common? I guess the S5+ isint very "true and tested" if some S5+ burn out and the chip desolver themselves, why? Some surge on the board overfeeding certain chips? |
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So whats up with Bitmain, they listed Batch 2 and Batch 3 of the S7 and Batch 1 has not shipped yet? Also, Batch 3 is $200 bucks cheaper then batch 1. Nothing like feeling screwed! They will all probably ship around same time and if you buy Batch 3 its $200 less. Thats not right. Also Batch 2 has less hash with same amount of chips? I don't get that unless its unlocked at the factory or maybe batch 1 and 3 is overclocked....
Anyone have any insight?
Batch 1 & 3 are meeting the original spes and are running at 600MHz, 1210W giving 4860GH/S They then seem to have some units, that guessing have an unacceptable HW Error rate, so they called them Batch 2, have turned them down to 575MHz, 1160W giving 4660GH/S selling at $73 less than Batch 3. Rich Insights hmm. Let see. Wasn't Bitmain offering some credit or partial refunds on the Batch 1 depending on what you got and the price difference? Pretty sure some people said they wish they would get more but they got something in compensation? |
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I won't force new bitcoiner to buy a lot of bitcoin or something, but i'll advice these :
1. Never try ponzi/HYIP/money game/risky investment
2. Don't do faucet
3. Stay away from gambling, expect you're proffesional
4. Don't mine
5. Learn about trading for more profit
6. Try buy bitcoin if you have extra money
7. Active in bitcoin forum to get more knowledge
gambling depends on luck, so I don't know what do you mean by "expect you're proffesional"in all cases is is so risky With sufficient turn over, you can turn the margin into statistically safe profit turn over. For instance renting hash under the Bitcoin expected 25BTC block reward overtime become statistically profitable and you get the block fees as a safety net. You just need to be big enough to eliminate variance, which is hard to go. Nice guides most essential for newbies. Many new comers like me first go to faucets then realize the importance of time.
People if share other information other OP asked would be more appreciated.
Thanks for guiding newbies....
Still don't feel shy to ask if you have questions. |
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Did they check their employee roster for "Homero Garza"? Or maybe he is going by "HashKing" these days.
Did he actually try to link that on his Profile or something? I wouldn't be surprised if he's back to trying to scam people already. I don't suppose he would properly manage his ill gained millions and spent it all up already. |
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LOL, the club might be getting it's first dust payment sometime in the future. Was playing with the pools and copied stratum.kano.is over (was only ~ 23-24 gh for ~ 6-7 hours), instead of of solo.ckpool.org (and kano's just got a block about 45 min ago). So a little extra to add to a payout if we get lucky and get a block. Haha, i'm sure Phil won't mind putting that dust toward the split, if we ever get one, but i'm not sure if such little amount over n5 share can be paid out? |
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Well well, thats a tight one with 2.49%. Congratz edonkey!
The cats finally did it! edonkey - bake a lasagna for your cats and let me know your BTC address. Congrats for the prize, we got a pretty acceptable difficulty raise. And now let the S7 waves kicks in. The next difficulty raise may very well look a bit more "interesting". About all first 3 batches of S7s should hit/start hitting soon enough to see what they can do to the difficulty for real. |
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lolz. all i can say in here..
your working in all of faucets 15 hrs. per day?
then.. it should be so many many many faucets your doing.
but if you do it with almost all available crypto currency
it can still be worth much in a long run.... since hardwork paid off..
goodluck.
I don't think that it worth to work 15 hours a day in faucets. Firstly is not good to stay in front of the monitor for 15 hours. Secondly it is boring to solve hundreds of capchas for that time. working 15 hours a day in faucets is really boring and even you can't make good amount . I think working in faucets can be only for fun. Working 15 hours a day in faucets is not only for fun. It can be for fun if you just have a habit every day and check one or few faucets. But all day in faucets is nervous and boring at the same time. Ugh thats disgusting, would you not rather make 1k+ a month with sig campaign? If you're that desperate and able to actively do faucer for 15 hours a day, you should be doing that or be doing micro jobs instead. |
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I have a .cmd file with
-C:\Program Files\cgminer-run\cgminer.exe --bmsc-options 115200:20 -o stratum+tcp us1.ghash.io:3333 -u Sarticus.worker1 -p poky --bmsc-freq 0781
in it.
It just opens and closes.
When I type that string into a command prompt window I get:
cgminer version 3.8.5 - Started: [2014-01-17 09:30:42]
--------------------------------------------------------------------------------
(5s):0.000 (avg):0.000h/s | A:0 R:0 HW:0 WU:0.0/m
ST: 2 SS: 0 NB: 4 LW: 209 GF: 0 RF: 0
Connected to us1.ghash.io diff 16 with stratum as user Sarticus.worker1
Block: 20ec6a7f... Diff:1.79G Started: [09:49:29] Best share: 0
--------------------------------------------------------------------------------
[P]ool management ettings [D]isplay options [Q]uit
--------------------------------------------------------------------------------
[2014-01-17 09:52:59] -----------------start nonce------------------
[2014-01-17 09:52:59] Bmsc send golden nonce
[2014-01-17 09:52:59] Bmsc recv golden nonce timeout
[2014-01-17 09:53:05] -----------------start freq-------------------
[2014-01-17 09:53:05] Send frequency 82078106
[2014-01-17 09:53:06] Send freq getstatus 84000400
[2014-01-17 09:53:08] Send freq getstatus 84000400
[2014-01-17 09:53:09] ------recv freq getstatus no data finish------
[2014-01-17 09:53:09] -----------------start nonce------------------
...
Anyone see why the ANT is not hashing?
<ignore the strike trhough lines.. no idea how to remove them.. the text under them is what I see<sorry>>
Wait so, you're trying to run an antminer on windows instead of the included controller? I think there was a project to run them on a raspi. Give me more details on your setup? |
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I think bitcoin will see a large increase in value after the halving, the mining industry creates inflation and a flooding of btc on the open market. After the halving there will be significantly less btc entering the marketplace.
The mining process is set in stone and mining does not "create" inflation, it is essential to process transactions. Once the halving happens, it will push out inefficient miners. I would assume anything over 1Gh.s per watt will go away if not already. I think the S5 will remain online for people and datacenters that pays 2-3cent/kWh, but other than that, even the S7 at that point might become soso if any hardware from all the concurring companies will produce, for most home miners. |
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hi virosa.
thanx for the tips..
i try to check for 750ti profittability and X11 algo.
but what about multipool?
no profittable situation???
for eth i thin after the bottom at 0.0023, i think could rise a few...
i enter long on 0.0020 floor...
Yeah well i'm no expert and Cryptos tend to do whatever they want regardless of typical market trend. Well anyways; Check rates at https://www.nicehash.com/index.jspThats where i point my non-sha, normally. And you can know how profitable most algos are. You can do auto algo switch on those, too. But I'm still mining Eth with GPUs for now, the profitability came down to earth now but its still okay, but its not necessarily the most profitable depending on your electricity costs because amd GPU, which are the most powerful on this algo take a lot of power, they run hot too. |
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The pool "talks" to you every 30s (at least) to give you new work. Keeping your average share rate more active than that is advisable since you have a better chance of finding out about a disconnect sooner. Personally I'd not put the average share rate less often than every 5s. Remember that the same statistics apply to shares as to blocks. A 800%+ Diff block on a pool is rare, but expected to happen 1 in every 2981 blocks. Same for shares, you'd expect one to show up 8+ times slower than the expected value, 1 in every 2981 shares. That's not a lot of shares ... A simple CDF table to refer to: 0.86466471676339 200.000% 1 in 7.4
0.95021293163214 300.000% 1 in 20.1
0.98168436111127 400.000% 1 in 54.6
0.99326205300091 500.000% 1 in 148.4
0.99752124782333 600.000% 1 in 403.4
0.99872735771441 666.666% 1 in 785.8
0.99908811803445 700.000% 1 in 1096.6
0.99966453737210 800.000% 1 in 2981.0
0.99987659019591 900.000% 1 in 8103.1
So if you have it set to expect 1 share every minute, then you'd actually expect on average to have one in every 7.4 shares taking 2min (200%) or longer, and one in every 148.4 shares taking 5min (500%) or longer. Thats great info, so i guess leaving the diff at 150-200% of your hashrate for one stick would be okay. If you had two stick at 10gh each you then could do 30-40 Diff. Or just leave it at Diff = Hashrate. I pointed a second stick to my club address, this one also only at 125 freq. I need to get a second hub so I can up-clock these a bit.
I might suggest getting some Y adapters for them aswell if you really want to play with them. They allow you to get much higher freq's. I still have not had time to set up mine yet for a nice OC. Y adapter link http://www.ebay.com/itm/221661361513?One thing worth mentioning is they work very good. Quality is amazing for the price there. But it is slow shipping. If you need it this week chances you need to go to another source. I think mine were around 2 weeks to get. I think i'll grab one then, "winter is coming" and i would not mind running it at x2 speed since cooling is going to become trivial. |
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no but think 7- 16 per stick
you don't want ck to auto start the diff at 1k diff it takes 20-50 minutes to adjust.
so 7 to 16 per stick will show shares faster
But at the end of the day "showing shares" is purely cosmetic; your stick is hashing the same regardless if your diff is set to 2 or 2000 (as long as the pool reports back it's hashing, that is). Solo mine your own node and the old share you will ever see would be one greater than network difficulty. Diff won't affect your chance at solving a block, but it does look more reassuring to see the low diff shares float by. Yeah unless the pool disconnect you after you go silent for so long, but probably not. On solo mining it's pretty much only for monitoring that the hardware is working as intended. You might as well set diff to 10billion, put less load on the pool and use somewhat less bandwidth. |
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