It'll be cool when someone solves a block with it. Nice that the dashboard includes..."There are 0 miners dug 0 bitcoins". So we'll know if someone wins the lottery.
It would be cool if someone solved a block with one. The chances of solving a block at today's difficulty with only 5GH is essentially 0, however, so don't hold your breath! And the difficulty is only going up from here... Still, looks like another fun toy to tinker with. I'll probably buy one. I think they will get a good amount of sales as a neat fun toy. On ROI does not make a ton of sense on it's own. If you use as a U3 controller it makes a good argument of saving money if you were using a PC. So the U3 controller I actually see as one of it's biggest features. I think it will help sell some U3's aswell. maybe if they turn the minimum amount down to 1. unfortunately at 20 i dont see many people buying them. they will get them 2nd hand. Or from reselllers. I got mine from crazyguy. He is a great guy and a reseller so I was able to get a few and not order near that 20 order. I suggest if your looking for a U3 take a look at his store. I agree from bitmain on 20 units of U3's is to many. (I get no kickback from this, I just think he has treated me so good I feel safe sending others to him) |
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Well, 3xU3 give me enough BTC so I can actually pay for something  I have a bunch of 333Mhs and they're still running for fun, because the fractions of BTC they make will never be useful. The U3 will pay for themselves if not the electricity they use (i'll post a screenshot of their power usage tomorrow as I monitor them closely) Fractions of Btc are important and you someday may be biting your tongue on that thought. Short term isn't the best way to plan your venture and I wouldn't recommend Btc now as a payment method or an income....just acquire and hold if you can but for most of us it is tough to do. It's actually pretty good on payment. I mean I have used it on quite a few miners, it's neat to use some of it at times. But I agree longterm your goal is to collect as many BTC as possible and hold longterm. Even if you look last few weeks it's had a decent jump on price. I think and hope long term keeps looking promising. |
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It'll be cool when someone solves a block with it. Nice that the dashboard includes..."There are 0 miners dug 0 bitcoins". So we'll know if someone wins the lottery.
It would be cool if someone solved a block with one. The chances of solving a block at today's difficulty with only 5GH is essentially 0, however, so don't hold your breath! And the difficulty is only going up from here... Still, looks like another fun toy to tinker with. I'll probably buy one. I think they will get a good amount of sales as a neat fun toy. On ROI does not make a ton of sense on it's own. If you use as a U3 controller it makes a good argument of saving money if you were using a PC. So the U3 controller I actually see as one of it's biggest features. I think it will help sell some U3's aswell. |
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The big fact is who were at bitcoin mining on the start made some good income and most had roi on that time,nowadays the roi is hard to achieve but,not impossible as bitcoin keeps getting more value,and well it should keep growing slowly.Soo mine now can be a small profir or return montly,but on the next months or years it can turn into the roi thats why bitcoin has soo many interest on it.
Keep in mind selling rig in the end. A lot don't consider this in ROI. So technically if you get enough to pay off rig and sell you get a decent profit most of time. But yest it takes certain electricity pricing. Mining is far from dead though. Well most miners has just turned off their miners,they dont wanna to sell them ,are waiting a bigger value of bitcoin to return ,soo they only consider btc spend on the equipment,i had spent 10btc on a rig and i had earned 4 btc till the moment,just and example.I dont know how easy is to sell a miner to other person,did you sold some equipment or know someone doing it? For most miners I think you are wrong on just turning off on big miners. People are selling to gain more money.... there is a entire sub thread to selling hardware on this forum. Or look at ebay on completed auctions. Most miners sell when it no longer makes sense to mine with it. Depending on miner some hold a pretty good value even 2nd hand. I have been doing it since my GPU day's. Sold GPU's went into asics. Have sold every asic when I feel it makes more off of sale then me running it. I do lots of math to see what is best. Honestly look into it on ebay on sold miners you will be surprised the number that are being sold. It is very common at this point. |
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Ow this is very unique pc and it can save alot of current... But i think i dont need it because i have a laptop... and i just want the miner as my extra income while doing something in my laptop... Honestly I would look into the RPI 2. You get a LOT of computing power for your money. And takes very little to run. Only thing is you need to be conformable with linux. Which is not to bad (there is a windows version for PI I have not used it yet). But not messing with drivers with cgminer I really like linux after you get use to it. Yes a Pi 2 is great but you get POS coin wallets usually on windows first and this thing has enough power to run a lot, I currently am running 5 different coins on it without a drop of lag, the built in hdmi, power cable, wifi, bluetooth, battery and windows really helps for a one stop solution instead of buying the pi2, pi2 case, power cable, hdmi cable, wifi dongle, bluetooth dongle (if using bluetooth keyboard) and sd card for storage, downloading os and burning it. That is true PI is pretty amazing on power usage for it's has a lot of possibilities. I seem Avalon keeping PI as a controller. So that I consider good news no matter old B or new Pi 2. Either one could run a miner or a few very effective. Also something most don't think about is if controller goes bad... its a RPI so easy to get a new one. No special order on gear. So big advantages for companies who use it. |
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I wonter if we will see a little bit each day of S7's. I wish we could run a scrypt or something and see all miners in air. I think there must be quite a few on batch one about to owner. In the last few days Bitmain has been selling S7s like there's no stopping them. All this hash is coming to a difficulty adjustment near you soon! My guess is the huge spike is a couple very large orders to a few people. Those are the ones that are going to made a bump in the difficulty. I think what we're seeing now is just the "little guys" getting their S7s running. Bitmain sold today 1600BTC worth of S7s  removed image for making smaller Holy Crap! BTC is up to 269 so as far as price per BTC i is really good as far as buying gear from bitmain it's the best it's been. Only thing is there is no longer 100 dollar coupons so it kinda evens out to a point. Guess we will see what happens. But that is a lot of sales in one day. |
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Well i were at clould when bitcoin were on the 360 dollars i guess,nowadays i dont know the interest on buying and selling hash,on that time i guess around 100ghs were trading daily.
Cloud is kinda a separate investment then rental. Cloud is more longterm (in most cases). Rental's are usally a short time. Just holding has been pretty amazing (269 atm on BTC). So I'm really happy on price. |
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Looks like I have more day of dreaming of the R1 and your mod. USPS decided to take a extra day (no fault of crazyguy) looks like they decided not scan it in this morning hopefully tomorrow.... i don't think my mailman took that rain sleet or snow oath . But this custom firmware looks amazing. Truly great to see all the add-ons. It added all the big things I was hoping for and more. To be able to set different pool was my main thing, easy to change speed sounds even more amazing. |
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I am thinking of creating a gambling website.
I am currently in the process of producing a monopoly-style game but need to hear back from hasbro. Before I can proceed!
I was kind of thinking the same thing too, I think I (we) have a pretty good idea that me and a friend think would work pretty well. What do you guys think would be the best way to approach this, especially living in the US where it's illegal to do such things? Craep! That means it is Illegal in my country: England. Doesnt it? Oh well, will have to try to send packets of data off to other countries hosting webservers to overcome this issue! This is what scares me on gambling sites. Going into certain countries to not be taken down. There is no regulation where they go and are hosted. I don't trust enough to trust a gambling site that is not regulated. I hope one day a casino is a "legal" in a country that has some regulations that site has to follow. Also hasbro already has "real" monopoly slot machines in some casino's so I imagine it's already licensed out. Also they have the games on IOS/Android such as slot machine, and bingo. So I see getting license for content very hard. Although a monopoly theme would be unique in BTC gambling. |
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Interesting there was one in Location: Zlin, EU I did not know about thanks for posting list. It appears to be a more normal server data center from website. And EU sites was not in their "bargain" area on site. Looked quite pricey assuming they still accept BTC machines. I don't see reference on their site for BTC miners specifically. |
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i'm not doing the project, sorry guys we need better ways not to wast the heat.
You made it further then anyone else did it seems by looks. What was the snag that mad you stop it out of curiosity? You have peaked my interest. |
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Have you attempted to get into contact with the very silent SFARDS? I think the stick miners with those chips would be LOVED!
I think this would be one of the hardest chips to get. I think they built a batch and decided on internal use. I could be paranoid but shipping 5 to select sellers, then disappearing without a word sounds like they are doing something behind the scenes. I think a scrypt miner would be fun but as far as ROI it's all been about BTC for quite a while. |
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hello everybody,
does anyone know a company who host mining device in europe?
I have not seen one advertise. The reason is most of Europe price of electricity and Vat/Import tax tend to make it not effective on costs. You chances are will find a much better price somewhere like China, US, Canada are 3 main places I've seen most. |
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so a 3th miner will drains 780w and costs 2.61btc, not bad, cheaper than the s7, now it costs 6.15btc, or 1.27btc/th... It's hard to say if bad or good. We really need to know release date for general public. And if they lower quantity from 333 units. We also need an idea of difficulty when miner is released. Just still a lot of unknowns. |
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P.S. can we stay on topic?
Sorry but it's not often that someone new pops up with 500 S7. I would consider carrying out 5 Simultaneous experiments each with 100 S7 on different Pools / payment systems. For PPS you will get an instant comparison, however for PPLNS you are going have to wait for the tail to work through when you stop mining plus you are also may just end up measuring Pool Luck. Bottom line is that in the long run there is not much to choose relative to setting them up for maximum reliable Hash Rate, and keeping them running 24/7. Rich I understand I just signed up, and I don't blame anyone who doesn't believe me. Doesn't matter to me anyways because that's not the message I am trying to deliver. I have read some articles on PPLNS that if you are running these machines 24/7 you're more likely to earn more than PPS as PPS fees overpowers PPLNS. I am not sure if this is true statement or not, but like I said in the beginning, it's rather more risky for me to switch it all over at once, than hear opinions from people who have actually experimented it. I will perhaps turn 100 of them to PPLNS and compare earnings to 100 of the PPS. Thanks. Just as an FYI, I didn't say that I didn't believe you, I'm somewhat jealous... LOL... I was just surprised by the amount of hardware you have invested in and asking here for best options. Like someone else said earlier, it's not the standard to have a "big player" pop up and ask questions. That said, I wish you luck. I would probably split my hashing power between different pools to try and maximize profit. I would find it surprising if you have 2.31PH and asking these question's. With this amount if you don't know this I would guess you have a staff for that amount as it is a lot of miners. To be new and go to 2.31 PH is pretty much unheard of. And we all could be wrong. Just to spend the money for 2.31 PH and not have an absolute grasp would be surprising. Math does not make complete sense you mention 200 units hashing that is 11.5 TH per machine, and I cannot think of a machine running at that currently. |
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Only problem with bitcoins is if you get scammed nothing can be done.
And people who don't really understand about bitcoin will blame bitcoin is ponzi lol. Well bitcoin and PayPal is really different, in transaction, fees, network and architecture form. I would agree PayPal and Bitcoin could not be more different. Bitcoin is a forum of money. Paypal is a service to send money. So Bitcoin is actually more like fiat money then paypal. But with crypto currency you can mine/send it over internet which fiat cannot with out service or middle man. In bitcoin there is not that middle man unless you use escrow. |
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basically you can go up 14 every 2 weeks, every 14 days the activity will rise
Thats only if the account made a post atleast once every 2week period and the post count is way greater than activity otherwise it will be added to its potential activity This is true you must post each one or you miss it. For most you would have had it if you were on forum as 1 post in 2 weeks is very common. Unless you took a break or something from forum and got 0 so no activity during that period. Not sure how accurate it is but I have seen people use this site for potential activity calculation: http://www.bctalkaccountpricer.info/ . Someone else might be able to tell how accurate it is for your OP. I'm not in the buying/selling of accounts so I don't know how accurate potential activity is on it. |
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cloudmining is ponzi inside
if you do not trust in my cloudmining then claim only free shares... if i am a scammer...you have only lost time. I think you are losing vision. Not all cloud mining is the same. Did you read up above about hashnest selling hardware though cloud? It is part of it. Bit-X has 1PH of confirmed bitfury gear. Yes on this kind of gear you get part. It is not sold by unit. Bit-X is actually a very big BTC exchange in UK. Cloud Mining is small part of overall company. And I'm not pushing for sales, just trying to get you to see not all cloud mining is the same. I say this a lot but it's true I make 0 money off of people who choose Bit-X mining. So I push for research not sales. |
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In terms of security, bitcoin core. in terms of usability, multibit.
if you want to usability wallet, i prefer to use blockchain, you can use anytime and everywhere, in phone, tablet, windows device also at apple device web wallet is best choice for it I wouldn't recommend blockchain wallet even this is easy to use and have high usability, but the security features is full of lack. There are some bitcoin app which you can use on android phone use anywhere everywhere, mycelium is my recommendation. how if you can't acces to your android device ? you can add 2fa (sms verification at blockchain) blockchain basically "web wallet" so u can acces at PC windows, linux. macintosh etc It's good to a point. Use it for spending money. If you need access to BTC for spending sometime blockchain is amazing for that, and make sure 2FA. Long term holdings I would still keep in cold storage. My favorite is paper wallet. It's hard to hack paper. |
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i located in china and hope to find partner in mining
This will be hard to do until you are well established. It's hard to do this as it would mean sending units to you who is new. It's no offense to you but you really need a established record in most cases. Or well established account that is trusted. You might see if you can combine with someone well known in China and on forum, as it would help your possibility's of it happening greatly. |
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