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1  Economy / Service Discussion / Re: Feedback/Reputation Bit-Mining on: January 24, 2014, 03:14:36 PM
same here. help please!

its quite a few of us here, actually, no withdrawals made since 12:45ish last nite have hit any external wallets. there are about 5 or 6 of us here, waiting patiently. assistance appreciated Smiley!
2  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.04 BTC! on: January 24, 2014, 03:07:42 PM
@demontn hi i stopped receiving since jan 18. sent email to support. help please.
3  Economy / Service Announcements / Re: [ANN] CoinPNG - Up-to-date Coin conversion in PNG images on: January 06, 2014, 08:44:51 AM
+1

great start!
4  Bitcoin / Group buys / Re: [InsaneBTC - CLOSED] **PLEASE VERIFY Ur ADDRS** 4 KnC Neptune>+12TH/s THX SebJu! on: December 15, 2013, 02:44:45 AM
akw - got the changes! excited and happy to see this built from ground up! amazing job so far! Smiley
5  Other / Beginners & Help / Re: Comparison of Bitcoin exchanges on: December 10, 2013, 01:48:27 PM
agree. good job. thanks!
6  Bitcoin / Mining / Re: Mining Contracts on: December 09, 2013, 07:27:18 AM
Just wanted to add the bit mining company to the list - http://bit-mining.co/ .*

Started yesterday and happy with its ease of use. Entry point is not bad at .051btc. Good for folks starting up on contract mining, registered in a few mins and started hashing away.

Surprised it's not getting as much attention here in BTCtalk, so spreading the word.

*yep referral link. Just in case. Smiley
7  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.053 BTC! on: December 09, 2013, 07:07:31 AM

of course not a problem. When i first got involved 6 months ago i bought the old 333mhz asic erupters. I think I actually broke even or so only because I resold them for 1/2 what i Paid for them. Having the hardware and selling it after several months definitely helps recoup the lose. PLus seeing the miner work gives me some enjoyment Smiley If you have anymore questions about mining or bitcoin in general feel free to PM me

Haha maybe I can sell the account in the absence of hardware. Cheesy Prices today even for erupters are crazy though!!! (70-100usd???) hahaha. Yep there's profit in hardware at the right time. Thanks for the tip again! Exciting world!

Demontn - Sorry for the side chat, very much happy with the service and even added a little bit more with the discount today. There are risks but happy for em! Thank you I'll be spreading the word around. Wink
8  Other / Beginners & Help / Re: Is it still worth mining bitcoin in December of 2013? on: December 09, 2013, 06:57:48 AM
Thanks for the replies guys! I think I am going to settle in for bitcoin mining with an ASICMiner Block erupter blade v2 at 10.7GHash/s. It will be using about 80 watts, for about 500-550 in how many months would it come out zero zero? I calculated 2.5 months, you?

Congratulations! Start right away! Smiley Same here just started based on the calculators, 70-90 days... Don't underestimate the difficulty though, that's a killer in the longer run (specially when TH miners come around). Good luck! Cheesy
9  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.053 BTC! on: December 09, 2013, 03:15:21 AM
block (5-7 days) is about right before the newer machines come out. In the beginning it will be good but after you earn about half your investment back the gh/s will become nonexistant keep in mind this is assuming the 28% increase which will most likely rise drastically when these terraminers come out. THis is for 1gh/s and does not even account for the 8% fee this website will charge you. The profitability of actually owning the 1 gh/s miner is mining with it for a while then reselling it and having a nice profit from the amount you mined in a month or so.

Thanks. Really value your opinion and it makes sense. I'm new at the mining game and wanted to learn my way through it... so took the risk.

Yes the biggest factor definitely is difficulty. I like the setup though as it eliminates maintenance/hosting risk (e.g., if a neptune/saturn conks out that's a lot of lost time), hardware depreciation, and maybe  power. There are higher BTC/GH rates out there today though at a future date (Q1/Q2 2014), figured it would be good to simulate today. Low cost of entry made it worthwhile. Smiley
10  Other / Beginners & Help / Re: Is it still worth mining bitcoin in December of 2013? on: December 09, 2013, 02:50:56 AM
Hello, newbie here Smiley

I have got hooked into bitcoin and it seems good and all. But there are still questions that I seek.
1. Is it worth to invest in mining?
2. If so, what should I buy to mine?(i am really inter steel in the butterfly labs Asia's and USB block erupters)

Sorry if this has been asked, but I get mixed answers and many are outdated. All personal opinions are welcome!

Thanks for helping a newbie Smiley

Same here! Welcome Smiley

For #1 I would say yes, though really depends WHEN you get in , i.e., if you can hash GHs now better. Risk I see with preorders is it will saturate the market and TH becomes the new norm.

#2 Yup it's hard to get miners nowadays given its overpriced on the resale market. Terraminers on the other hand would take a while.  If you want to see how a x GHs would go today, I recommend contract mining as an alternative. After searching around (cloud, cex, etc.), I tried Bitmining: http://bit-mining.co/?ref=528. Put in just .05 btc to test the waters and seems .05BTC:1GH would break even maybe 70-90 days (hopefully before the new machine come in!) There are better rates, though for pre-orders on neptunes, cointerra, blackarrows, etc. But I wanted to *see* the action right away.

*ps: yep i put a referral link there. no obligations or shameless plugs intended. just helping the site.
11  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.053 BTC! on: December 09, 2013, 02:11:27 AM
how'd you compute? reason i ask is did a simple online one put in a conservative 70-100 day roi (btc basis, not fiat), hopefully comes in just in time terraminers kill gh mining. thnx!

Looks good however it seems that even at this price you will never ROI let alone profit. Assuming a 28% increase in difficulty every block even after a year and a half you will not earn your money back since 1 GH/s will be nothing in a year.
12  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.053 BTC! on: December 08, 2013, 05:14:03 PM
wow. that was fast and easy. logon, few transfers. now mining... Smiley

TRY IT OUT FOLKS! don't intend to be a pr*ck, but sharing my referral link on this page - http://bit-mining.co/?ref=528.* if you're starting out like me on contract mining, wouldn't hurt. Smiley

*OP - if the post above is improper, i'd gladly take it down. Smiley
13  Economy / Service Announcements / Re: [ANN] Bit-Mining.Co -Bitcoin Mining Services - Starting at 0.053 BTC! on: December 08, 2013, 04:39:13 PM
tagging. will consider this. thanks Smiley
14  Bitcoin / Group buys / Re: [HURRY -2 days!] #2 KnC Neptune #1batch #1dlv > +6TH/s = 0.05 B/Sh SebJu escrow! on: December 08, 2013, 01:49:40 PM
Hi akw, First I believe in this and hope we can raise as much to complete the orders! Cheesy

Help needed - Was about to transfer more, BUT noticed in blockchain.nfo that when using localbitcoins the sending addresses are different from the receiving one. I hope this is not an issue and my address in the original posts will be used: 1L7tUxRtZHHrCpMDyqxoJ2iTczup3qFEys. Thanks will look forward to your reply Smiley

e.g. this one shows 10(!) different sending addresses:
added 1 more share  Grin
Sent 0.05 BTC from 1L7tUxRtZHHrCpMDyqxoJ2iTczup3qFEys
txid : ab2ca827653ea38b886b19d5a915280195579448f6b3852ef074ac8b6490c88a

while this one shows a different one (1M..U)
Sent 0.05 BTC from 1L7tUxRtZHHrCpMDyqxoJ2iTczup3qFEys for 1 share
Txid : 08e6516dd517d586940978835fa22dac260a8e2920147c542d3eb50546b971c1
15  Bitcoin / Group buys / Re: [OPEN -3 days!] #2 KnC Neptune #1batch #1dlv > +6TH/s = 0.05 B/Sh -SebJu escrow! on: December 07, 2013, 08:44:12 AM
added 1 more share  Grin

Sent 0.05 BTC from 1L7tUxRtZHHrCpMDyqxoJ2iTczup3qFEys

txid : ab2ca827653ea38b886b19d5a915280195579448f6b3852ef074ac8b6490c88a
16  Economy / Speculation / Re: Bitcoin is looking weak. Recommend you guys take profits soon over $1000. on: December 07, 2013, 07:51:15 AM
sad but true at least for the past few hours. what's the bottom projection? 600's been going around and we're there...  Undecided
17  Bitcoin / Group buys / Re: [OPEN & BURNING!] 2X NEPTUNE #1 = ++6TH/s = 0.05[btc]/Share - SebJu escrow! NOW! on: December 06, 2013, 02:18:36 AM
Sent 0.05 BTC from 1L7tUxRtZHHrCpMDyqxoJ2iTczup3qFEys for 1 share
Txid : 08e6516dd517d586940978835fa22dac260a8e2920147c542d3eb50546b971c1
18  Bitcoin / Group buys / Re: [OPEN & HOTTEST!] 2X KNC NEPTUNE #1 ++10GH/S = 0.05 BTC - SebJu escrow! HURRY-UP on: December 06, 2013, 01:51:41 AM
missed it! man hope order #2 comes up soon Cheesy
19  Local / Pilipinas / Re: Pilipinas (Philippines) on: December 05, 2013, 08:29:52 AM
Dabs, Thanks again! Yes, interested and have plans on hosting. Will send you PM. Smiley

Agree having shares on hashing is one business model we're evaluating.

If you guys can pool together $5000 USD, I can order a black arrow that does 2 TH/s. But, I can't host it here in Manila. On the other hand, there are already Group Buys for all such rigs where you can "own" shares. I think that's what most people did.

If you're interested in small little miners for personal use, a few of us already have little usb ones and blades and other kinds, but I think those will not ROI (at least not in BTC mined). People buy those for other reasons.
20  Local / Pilipinas / Re: Pilipinas (Philippines) on: December 04, 2013, 02:40:40 PM
BITCOIN MINING SETUP

Hi folks! Newbie here, been lurking and finally got posting rights today  Smiley

Anyone interested in setting up a bitcoin mining operation in manila? we're looking at preordering T hash rigs. There are known risks and unknowns of course, but we're optimistic on its future. We're still conducting due dilligence, today we believe it will be worthwhile (not to mention the fun while at it).

I know a lot of folks have lots of experience (mine is limited to GUI mining in the advent of asics) and any leads/guidance would be appreciated. Potential partners very much welcome of course. Smiley

Let me know and we can plan an ad-hoc meetup here in Manila. Thanks guys!

Jobim
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