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5881  Other / Beginners & Help / Re: HAPPY NEW YEAR! on: January 01, 2014, 06:28:29 PM
Thanks Wilhelm!

Finally graduated to Jr Member status!   Grin
5882  Other / Beginners & Help / Re: newbie need guide on: January 01, 2014, 06:18:01 PM
Everybody is talking about faucet but i have no idea how to mine faucet



Check here:

https://bitcointalk.org/index.php?topic=90718.0

Free Bitcoin websites, faucets, and Newbie lottery.  Great way to get small amounts of bitcoin without mining or buying.
5883  Other / Beginners & Help / Re: Bitcoin price on: January 01, 2014, 06:08:48 PM
Bitcoin price to the moon!    Shocked

At least we hope.   Cheesy
5884  Other / Beginners & Help / Re: Asciminer cube set up troubles on: January 01, 2014, 01:25:45 AM
Check Dogie's Cube setup here:

https://bitcointalk.org/index.php?topic=352658.0

Make sure your router's address isn't 192.168.1.254 for starters.
5885  Other / Beginners & Help / Re: First post on: January 01, 2014, 01:10:42 AM
Welcome grumpbearsgirl!

I too am new to Cryptocurrency and Mining.  Currently on a Block Erupter Blade setup and will upgrade to Black Arrow Prospero X-1s in March.

For me this feels like half hobby/half investment opportunity.  Very excited to be a part of this growing community, and hope for much profit and success to everyone in the New Year.

Chuck
5886  Other / Beginners & Help / Re: Newbie question about the future of mining on: December 31, 2013, 10:48:13 PM
Hi there,

Just reading the forum, by calculators, and ever increasing difficulty, the Cube probably won't ROI(around $1k or so with 200W/hr electricity).  30 GH/s won't be enough to mine BTC for profit.  You'd definitely need a beefier ASIC or can go the Altcoin route instead.  Some mining calculators to help you decide:

http://mining.thegenesisblock.com/

btcinvest.net/en/bitcoin-mining-profit-calculator.php


Good luck and Happy New Year!

Chuck
5887  Other / Beginners & Help / Re: Complete dummy on: December 31, 2013, 10:34:50 PM
Hi there!  Fellow newbie miner as well.

From reading around the forum, Butterfly Labs is not to be trusted with pre-orders.  They rarely ship in time, and have poor customer service and poor response to emails etc.

I'm hearing alot of positive feedback for Black Arrow Software, just because they're responsive to pre-order questions and they have a good forum presence here, and provide timely updates.

US Re-seller:

https://www.minersource.net/

If you were to get 600 GH/s (or 6 X-1's) of Black Arrow Prospero X-1's at $352 a piece plus shipping, it'd be much less than your upwards of $3k setup with BFL card.  If I'm not mistaken(55 W per X-1), the combined setup would consume less power and electricity.

That $5700 profit you quoted probably is what it'd mine right now.  The difficulty increases every 11 days or so, plus all the Asics ship around Q1 and Q2, so the network hash rate will grow exponentially, also increasing difficulty.

Good calculators here:

http://mining.thegenesisblock.com/

btcinvest.net/en/bitcoin-mining-profit-calculator.php

A popular opinion on these boards is to just buy and hold Bitcoins and hope for the value to jump up in 2014.  Also, another alternative is mine altcoins like Litecoins, PPC, Doge, Name, etc, then exchange them for BTC.


So in other words, be wary of the Butterfly! 

Don't believe me, look at the general forum consensus:

https://bitcointalk.org/index.php?topic=323857.0


Good luck and Happy New Year on your Crypto-hunt!

Chuck
5888  Other / Beginners & Help / Re: 360 seconds limit on: December 31, 2013, 10:05:09 PM
to prevent spam, 360s let u to think about what u wanna write:)

Makes sense.   Cheesy
5889  Economy / Micro Earnings / Re: FREE BITCOIN Sites *and* Free Newbie Lotto on: December 31, 2013, 09:08:51 PM
Hi, could you add me to the Free Newbie Lotto?  Thanks in advance!   Grin

1CwmksPZUfZbEh7efyzpueF8rBnHm99DFa
5890  Other / Beginners & Help / Re: Hello, new to the forum and new to Bitcoin/Cryptocurrency on: December 31, 2013, 08:28:35 PM
I personally mine a variety of alt coins and trade up to bitcoins via cryptsy. Currently mining using 3x 7950's at around 1800 Mh/s.

Curious, how much did your rig cost you, and how many alt coins can you mine a day/week/month etc?
5891  Other / Beginners & Help / Hello, new to the forum and new to Bitcoin/Cryptocurrency on: December 31, 2013, 07:52:37 PM
Hello fellow newbies and bitcoin prospectors!

First, Happy New Year and prosperous 2014 to all investor/miners.

Second, what is your preferred method of mining/investing?

I thought about buying and holding bitcoin, but I just like the thought of mining and supporting the network even more.

Currently mining on Block Erupter Blades, but waiting eagerly for Black Arrow Prospero X-1's in March.
5892  Other / Beginners & Help / Re: Hi I am newbie~ on: December 31, 2013, 07:38:39 PM
Hello All,

I, too, am a Newbie here.  Very informative and knowledgeable forum.  Just got into the mining game, hope I'm not too late!   Tongue
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