|
Was it a pump and dump or what? It seems myarid is either getting pumped or interest is peaking in that coin.
|
|
|
|
What is the minimum hash rate needed to meaningfully mine Bitcoin?
You could go script mining. $1500 gets a CONSITENT $250 ish equiv. to btc monthly. Since there are so many coins, you can also swap algo's if you choose. Unless actually mine sha256, I'd go with 3 s'1s personally, and eventually trade up to a s2. |
|
|
|
....and im sure i'll get some heat for this but Ripple has the corporate connection. Can't deny its advantageous position.
is ripple actually a coin? Thought was payment system? So confused about this coin still... |
|
|
|
Yeah that's what I meant. It sure seems that I pick the coins that get a +1 rating. Must have the Midas touch  |
|
|
|
|
What I'm saying is that the community would "fork" as well with people trying to stick to script, and people going for other algos. Lets just see I suppose.
|
|
|
|
So what im hearing here is a whole lot of Fedora with some Earth thrown in lol
Yup basically. Been mining TIPs in anticipation of a pump  |
|
|
|
Ahh idk why then  |
|
|
|
Thank you cryptowho for the very detailed response. To answer your last question. Yes, yes i am mining reddcoins right now, and yes i did buy 140$ worth. (bonus round, i built a gaming computer a year ago and just so happened to pick a great mining GPU by coincidence) But a better answer would be that I'm not swearing allegiance to anything right now, I know far to little about this whole Crypto thing to swear allegiance to anything at this point. I find this whole industry so interesting, from the gambling aspect, to the technical, to the trading and reading of the market. I wanted to know if this could be a hobby that actually made me money, instead of costing me. please don't confuse me with other people who are looking for the "magic internet money", I understand i may have just threw away that money i mentioned, but it was, and is an experiment for myself. Now, in regards to your big post. you did clear up a few things, i kind of figured that more overall hashing power would increase the difficulty and profitability, but i just hadn't gotten the vibe that anyone was really concerned about it. Perhaps all the posters already have theirs ordered?  I was hoping that there would always be some kind of low-key coin that could be mine, and maybe even traded. try https://ipominer.com/ |
|
|
|
whats a problem? 12+ hrs down?
Website says server down for maintenance. He says for only 2-3 hours so idk why taking so long |
|
|
|
|
IDK if this has been said yet but,
Since there are so many preorders for scrypt asics, with KNC selling $2 million worth or so, there's a lot of money on the line. How do you think people would react if LTC, main scrypt coin, suddenly changed algo's? Just some speculation, would like some feedback.
|
|
|
|
I voted for phenom because: 1. AMD fanboy 2. It sounds cool! |
|
|
|
I want to play some games like Counter Strike.
There's insurgent (or insurgency, I forgot. I think its made by devs of CS, and its on steam) |
|
|
|
Hello everyone, first of all I'm a short-time lurker, first time poster.
A friend of mine pointed me towards Crypto a little over a month ago, and iv been hooked ever since. but i have a question that i cannot find a clear answer too.
Is mining really as profitable as the numbers say it is?
I'm no genius by a long shot, but i know how to use a calculator, and my calculations say that spending $2500 (CAD) on 10 Grid-Seed miners will undoubtedly pay for itself in 2 months maximum.
So to be a little more clear, am I missing something important here, or is this just such a new industry that this is all still under the radar?
Better yet tell me the reason why i shouldn't spend my savings on a whack of machines. (but really do tell me why before i do it)
Anyway, thanks for your time, i love reading what everyone here has to say. The different personalities here make for an interesting forum.
Personally (from not-so-professional research and experience) The only "big" money small time and hobbyist miners will get is from speculative mining. Basically mining a coin when diff is low and selling at super high prices. But yeah, money is to be had. $1500 get you 3 antminers s1's, and that pulls in $30 a day after electricity, currently. I'd stick to scrypt as bitcoin is for big league tho. |
|
|
|
This seems impossible to enforce for the consumer. If I buy $700 worth of stuff on Overstock in BTC that I paid $500 for how is the IRS going to track this or even know? Am I just on the honor system to report it? Good luck with that...
Yes. Income taxes are "voluntary", Harry Reid said so. They're voluntary, but your basically risking an audit everytime. Even if it's a small risk, I wouldn't risk it personally. |
|
|
|
|
I like:
LTC
Mintcoin and ECCcoin
Hirocoin and Darkcoin
Believe BTC still has potential
Digitalcoin
Noblecoin
Maxcoin
Vertcoin
TIPS
Reddcoin
All coins listed above are either already popular, or have a sound theory, good community, and good devs which will lead to skyrocket in price IMO.
|
|
|
|
|
SEcurecoin looks interesting. What was most noticeable supports blake and sha-3 (at least for me). My one question is, what came first? This or Myarid?
|
|
|
|
lol
Bitcoin Savings & Investment, managed by PirateAtHome
They have shut down without notice.
Dear tacoX Customers,
In the event of recent news reports and the potential repercussions on tacoX's operations and the market, a decision was taken to shut down and keep all your money. We will be closely monitoring the situation and will react accordingly.
Best regards,
tacoX Team
There goes all my simulated bitcoins.. ):
Yup theres just no winning. I thought flutterfly labs was a nice touch, arriving 22 weeks after order. Made me chuckle |
|
|
|
|
STill so confused.... So something special with Karmacoin? That explains the recent volume increase on marketcap, but what is it?
|
|
|
|
Don't feed the trolls, there's always some idiot hating a coin for some stupid reason.
Yup you cant please everyone. Maybe they want more coin to themselves? xD |
|
|
|
All these gorgeous cars really rev my engine  |
|
|
|
|
Show Posts
