Bitcoin Forum
March 29, 2023, 08:40:40 PM *
News: Latest Bitcoin Core release: 24.0.1 [Torrent]
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2]
21  Economy / Marketplace / Re: Need Loan for mining on: June 06, 2011, 10:10:22 PM
yes but however i had no idea it was 90% harder in the next month.
22  Economy / Marketplace / Re: Need Loan for mining on: June 06, 2011, 10:01:38 PM
Yeah i figured that it would not have a lot of interest because I am so late to the game Sad
Yes I used the new 500k via the calculator and that was the result i got.
23  Economy / Marketplace / Re: Need Loan for mining on: June 06, 2011, 10:00:55 PM
Yeah i figured that it would not have a lot of interest because I am so late to the game Sad
24  Economy / Marketplace / Need Loan for mining on: June 06, 2011, 09:55:50 PM
Hello I posted an investment plan but did not get any interested people, so I need someone to loan me 2 blocks of bitcoins and I will repay you with 3 blocks as soon as my mining rig gets setup, the rig I am looking at building will do about 1.6 ghash/s this will get one to two blocks per month according to the calculator.  So this will be about a 2 month investment and you will profit greatly.  If interested post here and if I have more than one offer I will take the best one like if one person says I will do it for only a half block interest or something like that.

Now this is the deal still 2 bitcoins.  But you get part of the profit for 6 months after I pay you back the 3 blocks.  The percent you get for 6 months you can send me an offer.
25  Bitcoin / Mining / My thoughts on pooled mining... on: June 06, 2011, 09:25:30 PM
First off let me say DO NOT hate on my opinions just because you do not like them.

Okay with that out of the way I want to talk about pooled mining and the pros and cons of it.  Due to the fact bitcoin is open source there is nothing we can do to change this except get people to break their pools up.  My main concern is deepbit, they almost have 50% of hash power.  The only reason this worries me is because solo miners will not want to mine the 30 dollars a day when they have to compete with a pool mining at a much higher rate.  I believe that if pooled mining is not subsidized or broken up at least that soon deep bit will have controlling interest in the bitcoin price.  They can basically produce 90% of all coins found right now and that is bad because all the fees they are making means they can choose when to sell coins.  What does that mean for the unlucky solo miner?  Well if deepbit lets say accumulates enough fees to have 10,000 bit coins they can easily cause a market crash selling all of them at once.  For the solo miner trying to pay his bills this means he will not be able to continue to efficiently run his mining at the current rate.  I said before that the only thing we can do is break this up, but another option would be to only allow CPU miners to pool and not these 4gh/s miners to all pool in together and dominate the bitcoin market.  How to you do this with an open source project regulated by everyone?  Well that is the problem and I currently am still pondering a way to solve it.  Please post you thoughts and if you think this is a problem or if i am just crazy.  Thanks and happy mining.
26  Bitcoin / Mining / Re: Centralized place for mining deals! on: June 06, 2011, 08:45:52 PM
I'm not begging for donations lol and yes we can all use search engines i will remove the donation link since your going to freak out about it.  This is just something I am doing in my spare time for people who want to get good deals fast so I would appreciate it if you can go troll somewhere else.
27  Bitcoin / Mining / Re: help build a rig on: June 06, 2011, 08:37:03 PM
I would recommend the rack mount setup you can get different video cards just because most people expand and rac mounting is the best way to do it.
28  Bitcoin / Mining / Centralized place for mining deals! on: June 06, 2011, 08:35:44 PM
Hello this post is a post that I will update every time I find a current deal on the internet for mining equipment.  I know people post deals but this is a centralized location for all of the deals for mining.  If you have a good deal please post a comment with the link price and is it a rebate yes/no, thanks to anyone who post! Smiley  Right now i will include everything except cases as you do not really need one but if you want a good rac mount case check this link:  85$ with S/H

Want to donate for my work?  MiningBuddy freaked out and said i should not beg, so I removed in case any one else feels the same sorry guys I just though I would put the option up. Smiley

Video Cards:
Radeon 6990:  605$      
Radeon 5830:  99$ after rebate
Radeon 5970:  540$      


Will update more soon just wanted to get the post out there because the 5830s are going fast!
29  Bitcoin / Project Development / Re: My investment Plan--need investors on: June 06, 2011, 07:41:10 PM
Anyone interested? Smiley
30  Bitcoin / Project Development / Re: My investment Plan--need investors on: June 06, 2011, 04:15:37 AM
I would say I compare as this is a one time fee and that is a recurring fee.
31  Bitcoin / Bitcoin Technical Support / Re: Help me set up GPU on mac, 5770? Will pay you BTC!!! on: June 06, 2011, 03:54:07 AM
I can help you do you have team viewer?  I am about to go to bed so if you do not reply in like a few minutes i will reply tomorrow and how many coins will you pay? 
32  Bitcoin / Project Development / My investment Plan--need investors on: June 06, 2011, 03:32:45 AM
Before I start I know this is project development so if it should be moved can someone please tell me, I though this is a project that needs to be developed Smiley

Hello, I know I am brand new to this forum and probably should have built up some reputation before I did this.  But all that aside I need investors, people who want to jump on the bandwagon of bitcoins but do not know enough about computers to be a miner.  I will be making a server for mining and for every block I mine this is how it splits up:  

There are 50 coins in one Block
the investors will get 60-70% of all of the money made--the more investors I have the more you get of the profit.
I get the other 30-40% and this covers all of the equipment repairs power ect.  
Payment will be every time i get a block.
You will have the ability to go on a website called ustream to view the computer live to see how the mining is going.

What I need:
Well to start mining I need about 800$ I have currently 100$ so I need 700 more.
If you invest the remaining 700 I will let you have the 1st 2 blocks which are worth about 700 each i think.
If you invest at least 500$ then you get 1.5 blocks.
If you invest at least 300$ then you get 1 block.
If you invest at least 100$ then you get .5 blocks (25 coins)
If you invest any less than that you get the 60-70% of the investors earnings divided by the number of investors so if there is 1 block to split between 10 investors then you would get 3-4 coins per block.
For every coin I make from my part of this at least 70% of that will got to equipment upgrades.
the other 30% of my profits will go to power and about 10% of the profit I make after I take your share out goes in my pocket.  
Thank you for reading this and if you have any questions please ask!

Ways to invest:
Bitcoins- I will sell these and then buy equipment and I will upload picture proof of me receiving the equipment.
Paypal- I have to make a new paypal but I will do that when I finish changing banks this week.
If you want to buy the equipment and send it to my address.

This is what I will be purchasing:
Chassis                                       IPC-4370S 4U              
Power Supply                               Antec CP-1000 1000W,  
Motherboard                               MSI 890FXA-GD70    
CPU                                               AMD Sempron 140      
Memory                                       2GB DDR3                      
Graphics card                               Radeon HD 5970   
Storage                                       Kingston 30GB SSD      

This will give us about 750-800 mhash/s and I will upgrade the video cards as i get more money.
What makes me better than most investment plans?  I will not allow any more investors in when we get the 700$ in investments, so the more you invest the more you mak in the long run.

How long will this last?
It will last at least until all of the investors have been paid off AND they have made 3 to 5 times their investment (just depends how many investors we have)  
If you want to be in this for the long run then I will do that but you will get less per block made like 30-40 percent.
If you want to make the short term profit with long term investment then I will require you to pay a yearly fee for server upgrades it will only be like 100 dollars or something like that.

You can pay me however you like and if you have worries of me scamming you well I can sit here and tell you I will not all day but really it is your decision and I hope that someone will invest. Smiley
Pages: « 1 [2]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!