hey gus, stop cry, just send 1 btc and https://askcoin.net will add EMC to exchange, EMC on 15th place, need send only 1 btc to win, I sending 0.1 right now will look what happens Voting by BTC payment We also accept BTC payment votes. Each 0.0001 BTC received will count for 1 vote. Payment votes are automatically credited every minute after 3 confirmations. For example if you want make 1000 votes send 0.1 BTC to specific address connected with chosen coin. |
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buying btc-e usd and rur +1-2%
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Куплю btc-e usd и btc-e rur доплата 1%-2%
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куплю BTC-E rur до 1000 000 руб
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Привет, ребята, рад представить вам сервис по продаже Okpay, Ecoin рубли, Qiwi, Perfect Money, Itunes
У меня есть огромные объемы каждого из них, например, PerfectMoney меня есть 30 000 в день, Qiwi 25000, Itunes 60000. Okpay 15-40 каждый день.
Также я могу купить ваши ecoin рубли, и в долларах США коды, свяжитесь со мной через Личный сообщения, то вы получите мои контакты. Я покупаю 0-2% в вашу пользу.
Куплю Btc-e RUR и USD +1-2% за qiwi, Alfabank, WMR, Yandex
покупаю PM - 0-2%, Продаю ПМ 0-2%
Itunes - 75%-77%
продаю Ecoin 0-3%
icq:536656
jabber:536656@nm.ru
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Hello guys, glad to present you the service of selling Bitcoins, BTC-e codes, WMZ, Perfect Money, Moneypak and Amazon
I have huge volumes of each, for example PerfectMoney I have 30000 daily, Wmz 25000, Moneypak 60000. Bitcoin 15-40 each day.
Also I can buy your BTC-e rur and USD codes, contact me via Personal message then you will get my icq. I'm Buying with 0-2% in your favor.
icq: 536656
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тоже куплю рублевые btc-e коды, пишите в личку, за wmr qiwi и альфу
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какие мошенники че ты лечишь дед, или ты вовсе не дед? и дураку понятно что ты всех кинул и сострапал такую легенду
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Turbor paid the bill. TX ID 5c3880e5f90e5274009111ed4cb5dd46c4e25412ec650ef486b0c623fb5b5596 Eure Armut kotzt mich an  Danke schoen |
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Remember:
1 + 1/2 + 1/4 + 1/8 + .... = 2 (and not infinite!)
Exactly.. Was going to post something similar, but your explanation is spot in. The limit or final value approaches a number because you have diminishing returns on an exponential basis.. 0.01 + 0.001 + 0.0001 + 0.00001 to give you an extreme example. Once you get far out on the series, the incremental income, although non-zero, approaches zero at some point, and when it does, you make no more ROI, to any significant digit.
Agreed! But it also depends on what the geometric series is and at what rate it changes. While there is an upper bound as to how much can be made at a given instant, what we really want is the area under the curve because not only am I making money at this instant, but I've also made money in the past that needs to be added. Even if it is a geometric series, if the t for each n is one year, then I easily make a profit. It just depends on what that series is (how fast the decay actually is) and how long it stays at each stage. [/quote] Area under the curve (integral) is relevant to continues quantities. Income (cash flows) are discrete sums. Have a look at the current rate of increase of the difficulty, and tell me what do you expect as the average rate of increase of the difficulty. 1% a day? 2% a day? If you tell me that, I will be able to tell you how much money you can get from your investment. The fact that you made already some money does not alter the fact that on the USB stick you will not make ROI. We are talking about ROI of the USB stick, not your business model in general. For example, you can sell ice-cream and mine bitcoins, and make money on the former, while lose money on the later, and still have a profitable business. But the fact remains that you do not make ROI with the USB sticks, and you would be better off financially if you did not purchase the USB erupters, and did not mine. |
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I have to side with the pool op. The terms of the pool are absurdly simple, and it's really not hard to find and follow the rules. Posting like this here does not damage the credibility of the pool, as you (OP) are so clearly trying to do.
I am not trying to damage the pool's credibility at all. I respect the pool and its operator. All I would like to make sure is that I get paid for the mining that I did around the time the rules changed, and I moved away. I provided both my username and my bitcoin address (the latter is already available to the OP). |
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Edit: I looked in my email pending queue and see an email from a G Lukacs on June 3 requesting a fund withdrawal but they didn't include an account name. If that's you can you do a followup including that information, thanks.
I note that you still have not paid me the outstanding 0.028 BTC. |
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The difference is that this calculator does not properly account for the realistic decline in profitability. It assumes a decline factor of 0.61 per year. The reality is closer to this rate of decline per month. |
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I got 2 of them, one for my office desk and one that I keep either at home or at my other "mobile" office I set up.
They are cute, colorful, and a nice decoration on my desk. Will I make, ROI? Absolutely, unless the price of bitcoin crashes. Even if the difficulty goes up, it still makes money, just less. It will EVENTUALLY make back for itself, but even if it didn't I have a coupld of novelty pieces for decoration that cost less to have each day. (Paid about $250 USD for them each, so total of $500, In the week I've had them, I've made about $15 USD. Break even point right now is 8 months but with block difficulty increasing is probably closer to a year. But even so, if I only made 10 USD a week, the decorations would have only cost me $150 a piece by Christmastime which is more than reasonable for a decoration on my desk that shows what I support (the Physicians that work with me have decorations that are worth a TON more).
Your calculation is wrong, because the difficulty keeps increasing very rapidly. It is a convergent geometric series, whose sum can easily be calculated, and it provides an upper bound for how much revenue you can get out of a miner even if you use it for infinitely long time. Remember: 1 + 1/2 + 1/4 + 1/8 + .... = 2 (and not infinite!) |
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If the price of bitcoins goes up, there will be a (not in nominal, but in value i.e. in gold) profit.
Admittedly it would have been a lot easier to just buy bitcoins to make that bet.
Edit: there is also another upside: mined bitcoins are truly anonymous which can motivate a premium in high-friction transactions..
It is true if you mine it yourself. Not if you are part of a pool. As for the profitability, I suggest that you have a look at this site: http://www.coinish.com/calc/#It, finally, takes into account the increase in the difficulty. Don't be fooled by that calculator. It doesn't really take into consideration the coming increase. You have to enter the appropriate increase value to get the "right"(likely) difficulty increase. I agree with you that the calculator is quite optimistic, and is based only on past data. But even that data confirms that Block Erupter USB owners will not make ROI. The reality is worse: they will be losing a lot of money. |
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Hw long would it take to mine the other 0.025? I have an old GPU and that wouldn't take me more than 3 days! I understand that you don't want them keeping your money, but everyone else follows the rules and mines out till they get above 0.05 before quitting. I don't understand why you think the rules are different for you?
The rules were changed mid-game. This used to be a PPS pool. It was changed to DGM pool. |
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