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No one who has any usual information or input?
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I live in europe and have used BTC-E in the past with great success.
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Hi all, I have been mining for some time with a solo gfx card more or less right up till that the ASICs started showing up and its no longer feasible for me to keep mining for obvious reasons, so I am pulling the plug and have a few questions. 1: Is there a trading site that will allow me to withdraw to paypal when the balance to withdraw is less than 500 USD?, at present I have little over half a BTC sitting in my chain that I want to get rid of and get FIAT'ed when I leave. And BTC-E wont allow withdrawal to paypal unless its over 500 USD, and it used to be 250. 2: I am mining under Slush and want to know whether it is possible for me to get the balance in my account sent to me when/if I close the account even if its below treshold? Thanks  |
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Hey there, I am pretty sure the question has been asked before but since the scene is constantly changing yada yada yada I wanted to get the most up to date news on the matter. I have a few bitcoins that I want to sell and hopefully get my money over to paypal as fast as possible and as safe as possible. I dont exactly have a fortune in BTC's but at the going rate I still have enough in the way that I want to sell them so that I can spend their FIAT value on some new stuff  . But that at least for me requires that the money is on paypal, so how would I go about it?. Someone suggested BTC-E as the place to go, but is that the only place that actually either allows you to withdraw to PP or will fund directly to paypal?. And without raping you on fees  |
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Once the difficulty rises enough for me to not make at least 1 BTC a month then I wont bother anymore
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I dont know how to do handwrittien signature Sooo.... You can't write? |
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How come BTC is not a legal currency?. Its a currency.
Technically you should be able to take payment in bottlecaps for any items you sell, its gonna be a bad practise, but you can.... or not?
What I would do is list the item at xx BTC, but before putting it up I would have looked at the current exchange rate for GBP vs BTC and given myself a bit of favour on the exhange and then just account the GBP value of the sale, and not the BTC value.
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Im clocking in around 300 Mh/s on a Radeon HD5850
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IronCross,
Eventually it most likely will as the network hashing power increases
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What I mean is that BTC wise the price pr ASIC's will be adversely affected due to the rising BTC price as long as the company you want to deal with ONLY accepts bitcoins as payment.
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Atruk,
Technically they could have all the ASIC's rigs running solo mining or in a strickly BFL pool could they not?
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Most whistleblowers usually only does it to the get the story out, and less for the money. And if they end up getting some money out of it, then its because the company they blow on actually owed them money or something etc.
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Nope, But I wouldn't deal with a company that only took preorders in BTC simply because that something priced at 1000 BTC might actually be purchaseable at 12,000 USD, but due to the transaction rate I would be forced to pay close to 27,000 for it. Sorry but no go |
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1 BTC is pretty steep considering most people will be mining for at least a couple of weeks to get one . I think I will manage and keep my BTC's safe |
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I dont see anything about signing up to any of the sites you link to other then your referral code. Perhaps you are just earning money by people visiting your site in vain?
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1: 4.5 GIGA Hashes, is 4500 MEGA Hashes, Giga being 1,000,000,000 and Mega being 1,000,000 2:Dont expect 500 Bitcoins a month with a Jalepeno. The average time to generate a block at 4500.0 Mhps, given difficulty of 3651011.0, is 5 weeks, 5 days, 7 hours, 58 minutes, and 33 seconds So by solo mining you should be able to get one block every 6 weeks or so netting you 25 BTC every 1½ month.
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So far I havent seen a drop in my BTC earnings from GPU mining. But at present I am debating jumping on the Jalepeno wagon from Butterfly labs, simply because they are not noisy . And because BFL claims a higher effeciency as in requirining less powerdraw as opposed to Avalon etc. |
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Wow - this is something new to me... being a 5 day old newbie, I've been reading a LOT, but there's obviously a lot more yet I have to read!
What on earth is pyramining? O.o
Sounds like a pyramid scheme to me, just involving mining. In that what you mine goes to someone else, but the more you can recruit, the more of their efforts will line your wallet, AND those above you. |
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TehTDK, The rule applies to all EU countries. Some just care more than others. For example UK accepts everything, even a device that is obviously a pirate radio transmitter or something related.
Also, CE is not really approved. You just have to prepare a technical document that must meet certain standards and sign a declaration that you meet the requirements. Depending on the facilities you have in-house, you never need to pay anyone for testing. If it is a product containing a radio transmitter where testing criteria are not established, the frequencies are licensed (in some cases), and in some other cases notified body approval is required. For a WiFi or other ISM product the testing procedure is clearly specified and you may self certify if you can do all required tests in house.
Sorry what I meant to say was that as soon as it was approved in one EU country, it was "safe" to import in "any other". More or less. |
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Max, I am up to ~310 now with overclocking, CGMiner and a few flags |
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