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1  Bitcoin / Mining / Re: A case study in entry-level mining on: August 19, 2013, 12:07:28 AM
UPDATE!! 2013-08-06

My first CD has matured, and I have paid out all my mining profits. Not as much as I'd hoped, but now I have some liquidity. What will be my next move?

Buy more AMUs? Buy alternative hardware? Another CD? Cash out to fiat? Invest in shares or derivatives?

Give me a suggestion with a rationale and I will consider it!!

This is probably way too late but what the heck ...     Smiley

Since you seem more on the hobbyist level (like me), you may want to consider doing something different than what you've already done, to increase your learning.

You have some mining hardware, and you're mining BTC, so you've "done that".

You made the loan, and had it work out well.

So maybe the securities, or mine another SHA256coin other than Bitcoin, or possibly even start building a non-SHA256 mining setup?

Curious to hear what you do ..


-wot_gup
2  Bitcoin / Pools / Re: [19 TH/s] BitMinter.com [ASIC support: var diff, Stratum, GBT, rollntime] on: August 13, 2013, 05:00:54 AM
The luck today blows...Somebody save us!

I cranked up my Avalon a bit, maybe the extra few watts will find us a block Cheesy

I got my mighty 2.3Gh/s going for all its worth!
 Cheesy

-gupgup
3  Bitcoin / Pools / Re: [80000 GH] BTC Guild - PPS/PPLNS + TxFees, Stratum, MergedMining, Private Access on: August 05, 2013, 08:58:49 PM
Hello,

Is the California sales tax going to be 0.05 BTC per device on the coupon orders?

-wot

It is not.  I will eat the sales tax cost myself on coupon orders to California.  During the order process on coupons, you'll notice sales tax is 0 even if you did enter that the order is going to California (unless you have full priced Erupters mixed in with the same order).

Wow that is generous thanks for being a great place to buy block erupters!

Just placed my coupon order.

-wot
4  Bitcoin / Pools / Re: [80000 GH] BTC Guild - PPS/PPLNS + TxFees, Stratum, MergedMining, Private Access on: August 05, 2013, 07:59:48 PM
Hello,

Is the California sales tax going to be 0.05 BTC per device on the coupon orders?

-wot
5  Bitcoin / Bitcoin Discussion / Re: The last time I used bitcoin I..... on: July 09, 2013, 02:46:17 AM
I bought a USB block erupter (cue "you'll never make it!" chorus  Grin ).

Just getting into bitcoin, and I got impatient waiting for my Butterfly Labs order...

-uppy
6  Bitcoin / Mining / Re: A case study in entry-level mining on: July 03, 2013, 05:31:51 PM
I'd like to hear the ongoing story too - I hope to be mining soon myself and will probably start with a similar setup.

-wot
7  Other / Beginners & Help / Re: Are you mining for fun or profit? on: June 29, 2013, 08:04:19 PM
Yeah I was planing to try either BTC Guild or CanaryInTheMine;
I'm in the process of getting some BTC now.

Things in bitcoin land seem to take a while!  Smiley

-gup
8  Other / Beginners & Help / Re: Are you mining for fun or profit? on: June 29, 2013, 01:05:54 AM
I plan to mine for fun and learning if I can manage to get through all the hoops necessary to get some mining hardware!

I don't think I'll be able to make any real profit, at least for quite a while.

My first goal is to get a USB block erupter - probably not going to make any money off it but I'm sure I'll learn a lot along the way.

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