If you have a separate room in your house, and can invest in some isolation to the sound, then I think most of the spoondlies hardware should be fine.

Get a rack, plus a fan, and all that stuff. Just know its similar to growing weed, where the cost of it will go to electricity.

Try to find it for cheap, and this is all based on assuming you have cheap electricity as well.

When I look at this, it makes me rethink on getting actual physical hardware and just go win something for cheap on ebay and exchange it to sell here on the forum.

And then get 1 sold bitcoin, instead of getting a massive electric bill and energy to maintain all of these things.

Its cool to look at though, but just doesnt make much sense to me esp when I know the coin can go down at any time of the day.

I dont think he was thinking at all, here.

It seems like someone told him about bitcoin, and got super excited and searched the words on google or something and ended up on the site and bought it spot on. Or just some idiot friend linked him a website to go on which he prob didnt do his home work either.

op what were you thinking?

It seems money is easily accessible to you though to spend that kind of money, esp paying someone all in bitcoin. I never even heard of that company before, but you should take the time to buy hardware from known recommendations like spoondlies or something or even bitmain thats been known for awhile now.

But you decided to take a gamble on a unknown provider?   if you had paid this through c.c. I would said a chargeback would do, and youd be good but thats not even an option here either.

Despite the block halving situation, the blocks needs to found which is the miners job to go find it for us and takes a cut.

So you shouldnt worry too much because eventually, if it does halv then how will all those gambling transcation deposits be found which will still take a small cut. I dont know the exact #`s, but primedice alone needs all those miners to find the transactions.

Or you`d see a long line of people stating where the heck is my deposit?

I`m going with cloud mining at my own risk, but only since the provider accepts credit cards.

https://bitcointalk.org/index.php?topic=521520.0

they also seem to be leading better performance then bitmain so I`m taking my shot, and if something does happen then the fall back would be the fraud dept with the credit card.

But op, it honestly comes down to do you have the facility to continue buying and upgrading hardware, and electricity cost all that.

Like why bother, so its why I`m doing cloud mining for now.

most are gotten into cloud mining due to hardware space issue and the main electircity issue so I would dig in with spoondlies that started it recently.

Most are doing this since there is very few providers, and certain ones like KNC, BFL, Coin Terra, all these guys failed with their customer support.

https://bitcointalk.org/index.php?topic=521520.0

I think these guys are legit, but they also give you the option to pay in credit card. If shit hits the fan, then you have easy access to call your credit issuer to solve a fraud case.

Well it depends on the persons situation, but I say most cause people prefer cash to pay a phone bill or other types of bills.

If we could pay in bitcoin with our bills I think most would. I personally would be cashing out most of my bitcoin which I have already done and been buying gold to hedge, cause I predict in speculation that bitcoin will still be $200ish and Id be buying with the interest I accumulate.

Heres what I would do, search if there is any that are selling any of these units on ebay 1st.

Take your chance on see how one listing goes, and at anytime even if they won you still can cancel the listing if you felt like it the price quote was no where near. Label it then as error on listing.

Make sure if you do list it, list in bulk like x3 units to see a better price reaction.

The next thing to do would be listen to the advice you got on gutting it out, eg: the psu`s which can be used you can use it for your own use for future miners or sell it.

From there you should get an idea what to do.

how much traffic do you get?

or did you just recently launch this today? I`d post something on there but, I feel just making a thread will be more seen. no offense or anything, Id just find it a hassle to go somewhere else and expect the same result or if not better.

unless you are ranking in certain words then thats a different story.

Its turned back on, if you check right now you can actually upload it.

Not sure when this was announced officially? but I guess the changes were today or early morning of today?

if you check on the very top to confirm, the forum news: News: If you are a full member or above, you can once again upload an avatar!

go to your profile tab, click the left side that says forum profile info > then click on the avatar > go here

it should display all the pictures you can select from and then save it.


edit: images are of your own choosing that you upload.

I really wouldnt recommend it, unless you have btc to waste incase if it does go south.

Most of them turn out to be some higher level of a ponzi, that crumbles way later since they wont explain if they have hardware or the physical location of the place hosted. Details like small questions wont go answered is a sign.

2015 seems like everyone back in 2013, where we just said it`ll go higher then $1,000 back then when it was $1,000 due to mt gox.

but I am a bit optimistic, since its so volatile. I think if anything though, if it does go up to $300ish $400 range, it should be around based on whales making another stab based on the investments they see going on in the bitcoin arena.

Those #`s are flawed, since their are people buying and sellling accounts. You can just predict a enormous growth based on those #`s, since it could be old users that go building accounts just to sell it or used for other manipulated purposed.

If you believe that, then thats naive thinking no offense.

Yeah, those are the entreprunuers trying to build the 2nd community for the coin.

Creating services and all that stuff, its great, but most of those investments are just play money from a big whale. Thinking it`ll become the next paypal boat and become rich. They fail to know to honestly ask them self, would they abandon the dollar just use bitcoin.

the answer is already there, most are too blind because they dont face realistic scenarios.

realistic scenario: bitcoin price goes up, due to coinbase a private company now being a IPO and has traditional investors.

by the way things are, I see most are just trying to cash out with their current bitcoin since they sense the value will drop again.

I say hold, and then sell it when there is a bitcoin event that holds that certain price.

It seems like a lot of people are shakey on bitcoin as the direction heads still being in the $200.

I think personally, you should invest $2,000 all in gold, and then invest with the small profit cap you get from it to bitcoin. Keep on taking the advantage of the time since, bitcoin prices were same as 3 years ago.

If you did that with gold you would of profit enough to buy a couple of bitcoins by now since its still $200.

if anyone can charge a premium for bitcoin why bother to go there in the 1st place?

just go with localbitcoins.com which I still believe its the best way to reach what you want, if you have cash and also get possible better rates.

of course this is a form of risk, but you can always try your luck with primedice.

since you didnt apply on the amount you want to increase, I would assume just 1 roll can do this for you like most already do. But also know that you can lose all of it as well, so lose what you can afford to lose.

if you are looking for safe investments, go with flipping stuff for bitcoin that you can get for cheap.