I came here accidentally while looking for websites that has more information about bitcoin..
same^^ double same^^! Make that three, lol! I was looking up some bitcoin miners (S3s were current at the time) and I found this forum.Looked amazing, joined for 3 or 4 days, left for 7 months, and now i'm back! Amazing place to be and I know it'll be here for years to come  |
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Starting is incredibly easy if you are NOT looking for profit. Just buy a S1 or S3 and start. Leave it on 24/7 and lose 30$ a month with electricity + more. ROI is impossible with any miner atm with .1$ elec, but lower than that ROI is possible. It'll just be incredibly slow to roi. |
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I'm looking at the current and new Alcheminer chips for profit. The usb miner and blade is commonly forgotten, but theyre super cheap (50$ usb) and profit quickly due to efficiency. Scrypt is the future for home miners, and even now gridseed orbs will profit if fans are removed. SHA256 will die a slow death with datacenters competing at the end, and home miners will have to move to scrypt or a smaller platform to restart with the mining process.
Bitmain is starting to fall behind slowly, and I expect for them to not be a big competitor to bigger companies anymore as companies like bitmain develop generations-ahead chips that rek the current gen chips. Bitmain will also die a slow, horrible death and soon all current gen sha256 asics will only be privately owned.
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Right now it's hard to earn profit if you pay less then 10 cents.
Home mining is dead and the next step to centralization has already started.
It's just a matter of months before the game is over.
Home miner is getting harder and harder. I consider myself a hobby miner slightly bigger then home with my mining area. I had to get rid of last gen gear just as profit was to small, made far more selling them. Will be intersting on what next gen gear costs, what difficulty does. So many variables and not a lot of answers. A cheap way to earn temporary profit is to setup a trickling solar panel to a battery, and running a low power useage asic until power is gone, stopping asic, trickling again, etc. You'll be negative for a while due to initial investment, and if at all you ROI, last gen gear will take you over a year to roi. Raspberry pi controllers aren't feasible with solar due to them dying when power is lost, so that cuts a lot of usbs out (which basically kills profit except for a few mining, "standalones". A BFL is great since their easyminer can be used on android). As you can see my method is useless because of the complications, so I now really think 21 cent kw IS TRULY IMPOSSIBLE. |
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I'm still going positive. Mining farms will have to be positive before halving and i'm sure the hashrate and difficulty will explode soon. +3.2 for me, because I ALWAYS GO POSITIVE. and I am right 50% of the time haha |
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Is litecoin dead?
Litecoin is quite dead by now. Most coins of 2013 are, and now 2014 coins are being phased into death and only coins from the last few months (2015) are thriving. Scrypt coins get just a few months in the limelight and drop into nothing, and litecoin is not an exception here. Its exchange rates are barely stable, and by stable I mean dropping 0.01 or more percent every few days. |
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Fauceting isn't bad for beginners with Bitcoin's world, as it's a free way to collect the coins fast, but if we have another sources i think we will not need to use faucets
Did you really mean free way and fast coins with faucets? I don't agree with that, yeah i agree that they provide free coins to newbies to bitcoin industry but that is too slow not fast at all, what i think is it is better to try doing something else then wasting any of your time on faucets. That's true faucets are simply waste of time and they will pay you in peanuts, its good for newbies but it is very time consuming, better option is to start earning from signature campaigns. Unfortunately, newbies can't either do signature campaigns so I think they have no choice but to claim dust on faucets even its a waste of time temporarily. Yes right to launch a signature campaign should have a minimum level Jr. Members to be joined by some of the signature campaign. For newbie might only be able to play faucets for a few moments to meet the new level can play a signature campaign. It all has to be done with patience and do not be in a hurry, all the existing strategy. In my own honest opinion, I don't think Jr member is a good start to do signature campaigning, even it was the minimum rank allowed. I would say full member is a good starting rank with good rates per post. I agree. At the rank of Full Member you start getting into the place where the payments actually begin exceeding the electrical cost of running a computer to make bitcointalk posts. Infact, signature campaigns are MUCH more effective than mining because of this. And if you ever get the craving for some hashing, you could go to a website like miningrigrentals and rent some. Jr Member is the (bare) minimum of beginning your campaign journey , but there you get paid 0.0000x bitcoin for your posts, and at that point it's like being tipped dust for your posts. Newbies, if ever, get a signature campaign, will be paid less than dust. They'll be paid the equivalent of satoshi for their posts. Not worth it for a newbie and not for the sig campaign operator (if it ever happens). |
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Due to a sudden loss of funds, we need to cancel our datawarehouse project with 150 S4 servers running & cooled with water blocks. We need to sell our S4 Antminers: - some 300 brand new ones still in original packages - some 160 used ones with cooling water blocks - some 2,000 water blocks.(attached pics). Location for shipment is Bahrain. Pls help who can buy these from us ? Regards, Tahir Shah Mobile : 00 973 3 636 2590 Tel/Fax: 00 973 77 066 118 www.skype.com : SHAHTX The hardware forum is more for sales then support thread. Can you show some pics of S4 cooled with water blocks? I'm curious to see what it looks like. Also you might re-word it above as I highly doubt the S4's are truly new.... maybe new to you. But for these S4's to have not been used and sit somewhere since being made such a long period is hard to believe. Waterblocks? That's pretty overkill unless someone wanted a quiet warehouse with overclocked s4s. He could have saved the s4s for some later time, but yeah.. Thats pretty unbelievable. I want to see a picture as well, because it just sounds so cool!  |
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So I found a guy selling two S1 AntMiners on kijiji for a really good price. I purchase them both and now I'm in need of a power supply. I have two questions. Would I be able to power up two miners with one power supply? Would this power supply do the job? As I have one laying in my basement. Any information will help, thanks. Thats more than enough. I assume you know youll make a loss or have free electricity. Those things are built like tanks, so you can overclock them because your psu provides so much elec. |
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right now, its a good idea to buy bitcoin because the halving will raise the price no matter how big or small it will be. it's basically a guaranteed profit because 1-2 months before the halving, almost certainly btc price will rise due to late buyers. Buy before it's too late... I bought one bitcoin, waiting for halving to spend it. Ez profit |
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I don't think there is only one best way to earn Bitcoins online, because we have to diversify our methods to collect the coins and that's in my opinion the best way to earn as much bitcoins as we can
Diversification is not only useful in investing, but getting money too I currently invest in cloudmining services, my signature campaign and trading in games like CSGO. I earn about 4 bitcoin a year at my current rate and i'm happy for now with my earnings. Gambling is a easy way to earn bitcoin too, but its not as effective because all strategies will fail eventually. |
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open your own company selling something for btc. and you will even earn more than 1btc a year. That's a bit much work for many people, and joining a stable signature campaign will pay you easily 1 btc a year, and even more if your rank goes up. Look out for the high paying campaigns in the services section, there are some VERY high paying signature campaigns there that will pay you 1 btc in 3 months or even 2 months. Those are rare nowadays but you never know, you could get (VERY) lucky and get paid easy money for helping people. |
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I really don't trust a newbie... I mean, you could just get a captcha solver and bot some faucets, but really? people? ffs looks like a scam. I wouldn't try this.. it's a bit too obvious. Besides, I don't have time to go to faucets and work for somebody, i have other things to do. 70% REALLY? Even exchanges pay you more. a terrible service for earnings. |
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people should stop posting "this is a scam" posts in the gambling section. IT'S THE GAMBLING SECTION FOR A PURPOSE, JEEZ! I'm sure everybody in there knows the risks, and sometimes you need to be early on a ponzi to even get a payment. The investor-based section is gambling, and if you lose, then you lose, and if you win, you win. It's common sense, and people know that.
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Bitcoin could be a good currency, but you'll have to also factor in the fact that it is untraceable and that criminals use it. It really won't cause anti tax, but since it is untraceable, taxing will be... i dont even know.. Difficult, if it is at all possible.
I'd use it if I were japanese, and I really dont see a problem with bitcoin being a currency.
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If you live in a third world country( or china ) then it's possible to earn a living with btc since everything is cheaper.
You can earn a living in a first world country, but it's harder. You'll need a lot of effort to do that.
It's true. In fact, if you live in USA or W. Europe, you have 2 options to Earn a living with bitcoin. Either, you hold your bitcoin funds in the wallet and wait for price increase or you start some business with bitcoin. A good hero member account could provide a poor family with a few dollars a day with hig signature campaign. It's a good idea for a third world country. China? not everything is cheaper. Of course you would have to factor in how good the poster's posts are and the signature campaign payout, but it could become a sustainable source of money for a poor person. |
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I didn't make any mistake with btc unit now, if u don't count gambling and losing coins on that. But that is my choice, it's something I like to do and I'm aware of that is a game, and when u play sometimes u win sometimes u lose.. Maybe my mistake is that I became aware of bitcoin to late, eh.
agree. playing gambling and suffered a great defeat but you know the risks and accept defeat. I think it was not worst mistake. I am also very sorry joined bitcoin when the price has passed $ 1,000. eager to repeat time. and joined at the launching Gambling has been a trap for me ever since I played games like CSGO. I gambled my 300$ inventory to a 0$ inventory, and with bitcoin, I gambled all I had. You'll need to accept it and move on. There's no crying over lost bitcoin, you move on or be broke. Simple as that. If you keep gambling, YOU WILL LOSE. No matter how hard and how good you are, so be careful. |
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I guess one can get nice amount of money from signature Campaign
Even faucet earning gets good amount of money
However do not risk that amount which you cannot afford to loose if you wanna risk btc in Trading r investing in ponzi
I can't really agree with 2nd sentence of your post, faucet earnings gets you good money? Where does that faucet come from that gives you a good amount of money? I have always seen faucets with very little rewards which can just waste your time but can't give you any good amount of money. you must optimize your time when you use faucets...and use faucets only when you have fun to use them. right now...i'm surfing this forum...claiming faucets and watching TV and answering my emails and overlooking my sites... Waste of time is when you do nothing (lol) I have an embedded faucet on my blogger, it earns refs whilst I sleep. 544 sats every 15 minutes. Maybe you should try it. That's still not very much, and I doubt anybody would come just for the faucet. Still a good idea and I might try hosting a website with a faucet built in just to see. I've got a rpi hooked up to a deep cycle battery anyways, might as well rake up some sats every now and then with it as long as being my mining controller :p |
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Both have downsides. Using a paper wallet, the paper could become waterlogged and become useless, or the hardware wallet could become watterlogged and become useless. Considering our normal lives, I would buy a hardware wallet and put one of those fancy little wifi trackers on that you can monitor on your phone if it ever gets lost or stolen.
Hardware wallets, at least some, can "hide" transactions, but eventually a transaction will be broadcast and be on a website.
Do not ever use an exchange to hold btc. You know the mt.gox scare, and an exchange could shutdown anytime and steal your btc.
I would suggest a hardware wallet with a tracker stuck on to monitor its position, but its up to you.
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Being a newbie, it really isnt worth it joining a signatre campaign.. Sure, you get tiny little dust payments for your hard work typing, but it's really not much. Even I only get around 1$ maximum a day typing up my posts. You really don't earn much with any signature campaign, and at this rate itll take a year for me to rake up a bitcoin at my current rate, if I don't get to sr member. But I will, yall just watch |
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