Fantastic news CryptX!

Someone please correct my math here if I am wrong....

Today's dividend was 0.0015042/unit @ approx 500 TH

0.0015042 * 3 (1500 TH) = 0.0045126/unit in dividends... (approx)

If you hold 100 Shares that is a weekly dividend of = 0.45126/week ?

Thats approx 1.80504 BTC a month ?

Questions I have around the IPO
-------------------------------

1) Will dividends stop between 19 - 31 May and continue 1st Week of June ?
2) Will hardware be deployed immediately after IPO ?
3) Estimated time to 1500 TH/s mining ? i.e. 1st Week June, 1st Week July ?

Overall thanks a million and keep up the good work.

Bought in at 0.05 and couldn't be happier
Was a bit skeptical with all the delays but with the current news I am over the moon.

Now just cant wait to be receiving dividends.

+1

Not talking long term, To Da Moon or Hold positions.

Talking Margin Trading hence Bitfinex.

Just asking experienced traders if they feel next 8 hours is bull or bear...

Hi All

As a beginner trader I would like to know what the seasoned pro's out there think the trend will be like in the next 4-8 hours.

Currently BTC/USD 1080.00 @ 4:10 GMT 2+ on BitFinex

Just trying to learn and get insight into more experienced traders.

MG

I was introduced to Margin Trading on Bitfinex through a friend of mines.

I am really enjoying it and was wondering if there is anyone else currently using it ??

-> Any tips??
-> Guides ?
-> Ideas ?
-> any general info that can help me in my trading activities ?

I am generally new to day trading and dont have experience in the Forex Trading markets/platforms.

Any help would be greatly appreciated.

First off thanks for all the replies really helpful information.

The purpose I started this thread was purely to gauge the effectiveness or going into mining for

INVESTMENT PURPOSES!

i.e. Even if I end up with 1 BTC in 12 months of Mining at a cost of $2500 (hardware + accessories) I am willing to take the risk as I am betting on the fact that BTC will go beyond $2500+

Basically I am trying to get my hands on as many BTC as possible through buying now and possibly mining.

Yes I could buy 1 BTC now @ roughly $750 - $850 p/BTC and hold onto that in comparison to purchasing a $500-$1000 that can give me BTC through mining and the ability to increase mining operations if feasible etc.

I do see the difficulty / mining efficiency problem. And this whole buy now ship later defeats the purpose as the Difficulty would have increasedd 100%-300% by the time they arrive i.e. (Blackarrow Feb 2014 del.)

Keen to see your answers in respect of starting a mining operation for investment purposes and building on top of that.

Hi

Looks like I missed out on the http://technobit.eu/index.php?id_product=52&controller=product&id_lang=1 product as it is now sold out.
Never got a response from the site owner so was a bit skeptical of purchasing.

Anyone else got other recommendations in the $300 - $700 range for ASIC miners.

Any other tips would be greatly appreciated.

Thanks for the information. Really helpful. Seriously considering!

Is there a more definitive calculator out there ? for pooling calculations ?

Hi All

I would like to know the following:

I am looking to Mine bitcoins for "investment" purposes and not for day to day profits.

I.E. I am looking to start with between 5 ghs - 10 ghs and generate 12 months worth of BTC with that setup.

After which I will sell 25% of the BTC mined (either monthly or yearly ?) to partially cover costs.

My Goals:

- Mine as many BTC as I can with the intention of keeping them as investments for the long term i.e. (gold, shares, etc) (HIGHLY RISKY I KNOW)
- Based on my calculations running a 5 Ghs in the Slush pool I should be able to average out just over 1 to 1.5 BTC a month

My Electricity is currently free and my only investment would be the ASIC mining setups plus accessories (<- correct me here if I am wrong)

Assuming my logic above makes sense and you feel that it is sound.

I am looking at starting with the following setup:

3 x USB Fury based 2.2+ Ghs (generating 5.5Ghs+) on the slush pool.

Also where is the best place to purchase ? and any tips purchasing?
- Currently Ebay seems to be the only place.

Looking forward to your responses.