Nice coin, but isn't it better to have bitcoin in wallet instead?
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Whales == mining farm.
Until they go away or gone bust, there will be huge dump every day/week.
I am so sick of this argument that all these "dumps" are caused by mining farms; there are simply not that many new coins compared to the trade volume. Look at the numbers: new coins minted each day: 3600 (avg) largest mining farms percentage: ~30% So roughly 1000 coins per day from one farm, or 7000 per week. In the past 24 hours the USD exchange volume alone is about 25K BTC; the chinese exchanges are 5x that. So you're talking less than 1% of the coins traded per day. Most of the trade are by day trader, they buy and sell to each other so the volume is high...
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Advice is don't buy any miner right now, even if its legit you will still not make money from it ....
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I doubt that difficulty is going to drop, at least not for a very long time. We're currently seeing the beginning of the end of the mining-manufacturer bubble; the companies sit on thousands of chips that they can't sell anymore. I expect a big wave of dying ASIC companies, but till then, the only choice of these companies is to turn to self-mining with their own unsold equipment. ASICminer is an example of that, but I think that the recent rise of DiscusFish's percentage in global mining is all the cheap ASIC manufacturers in China starting to self mine or cooperate with big industrial mines in order to get rid of their pre-produced equipment.
If the difficulty increase like this, soon some giant miner would hit break-even for their electricity...
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Nice, but more detail would be nice..
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With the Hash rate shooting up and mining equipment prices having to go down, how low will it go to where the ASIC manufacturers are no longer making profit?
It seems like we have leveled off at about 28nm and slightly sub GH/W.
Will an Ant Miner S3 Cost $100 shipped over seas?
Will a Dragon 1.5 TH miner cost $300 shipped over seas?
Thoughts?
That is why we are seeing more and more cloud mining, cheaper to just build asic and mine immediately next door..
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Nice chart, but it doesn't make any sense. What if bitcoin go below $400 then only the bulls come
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another deadcat bounce to $490 I suppose? Time to sell?
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Bitcoin could easily reach 100B market cap once companies start paying workers in btc.
Don't forget a lot of the coin has gone missing and lost and the total supply of btc will be mined in just a few years.
Well, only if government legalise bitcoin, if not you can't pay your workers in btc. Its illegal..
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Please suggest some sites
Who gives some free giveway to trade
like btc ,ltc,str etc Please suggest....
Faucet are your best giveaway now.. no more giveaway allowed on bitcointalk..
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I want the damn pics.. where are they! Search around, its easy to find..
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Anybody completed hardcore boss? Its like impossible..
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Total time logged in: 12 hours and 39 minutes.
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Tired of being scammed and losing to bots, how do I most effectively scam people?
That is what escrow are for. Always use escrow and you would be good..
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I have been checking hyper thread once every few days. It seems dev dump hyperzanda project already?
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Worth buying this cloud mining?
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saw 1 to saw 6
Watching even 5 minute give me nightmares...
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