i recommend just saving up every bitcoin you earn and just forget about it. in a couple of months, the stash gets pretty big
That's true but the only thing is that it takes too long to grow your Bitcoins using that method. I want to grow my Bitcoins fast, which I will probably do so buy purchasing an Antminer S7. |
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This is great news! Now I can finally check it out on my Windows laptop. This is going to be epic!!  |
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For legit cloud mining services, I would recommend Hashnest, Bit-x and Genesis Mining. They seem reliable to me and so far I've invested in Hashnest and everything is going well.  |
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The is only one thing that I would do to grow my Bitcoins, and that is to invest them in a reliable company or shares. The way I would reach ROI (it could take longer than expected)  |
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As long as Bitcoin XT is along the way, Bitcoin will die (if it turns out a success) |
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If only I had 1 Bitcoin, I would do many things with it, including multiplying it by investing in a miner. Then I would own 2 Bitcoins but as of now, is going to take me a long time to ever reach 1 BTC. |
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I was scammed multiple times by ponzi shits but still I'm investing to some ponzi, that's what I'm doing insted of whining. There's something wrong with me  If you're going to invest in a ponzi, id suggest you just invest the very minimum amount possible of your Bitcoins into it just to be safe. Here's another thing: create multiple accounts in the ponzi with your referral link. That way you'll be scamming them instead of getting yourself scammed |
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Maybe there's a way to cheat in Dice games? Anybody knows if this is possible  |
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To mine because someone else pays the electricity is still no fun if you are cpu mining. Look at the orders of magnitude:
Taking a bitmain Antminer S3 as an example of what gets used and sets the difficulty target for a lot of the sha256 altcoins, it does more than 400 GHash/s. A "good" gpu might get 1 GHash/s. A "good" cpu might get 10 MHash/s, and at best you might approach 0.08 GHash/s with eight cores going. If you want to dabble, there are some S1 antminer units on ebay which will do better than 150GHash/s for you and are about the right size to get something for your trouble, though not enough to pay your parents for the electricity which it will use.
Thanks for the advice! I will try mining with a real miner instead (will get an Antminer S7) to mine some Bitcoins. This new miner is more energy efficient than previous versions so I hope that the electric bill would be suitable enough for my parents to pay it. |
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I sell all bitcoins I make and buy DigiByte. Bitcoin was doomed the moment mining became unfeasible for the average user with equipment that is easy to obtain anywhere in the world, and a few Chinese giant ASIC mining farms were allowed to effectively centralize and control the network. I'll keep supporting DigiByte for as long as the coin is kept really decentralized = anyone can mine it with a GPU. Not to mention all the other interesting DigiByte features and the very active development team. Well then it is just easier to switch to a POS coin like NXT. Or, to an innovative mining mechanism: HDD mining (that is also affordable to anybody, since 1 TB harddrives are easy to aquire) BURST, is a HDD mineable currency, and it's relatively cheap today, easy to mine, so you could sell it in the future for more! Exactly. Thanks for sharing this info. Burst has been a coin that I've become interested into last week. I checked it out and loved the fact that you can mine them with your spare HDD space! This is something innovative. Since I have some spare 1 TB HDDs lying around, I'm going to set them up to mine Burst. This has been added to my favorite coin list |
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That's what happens when you deal with a non regulated currency such as Bitcoin. Scams and ponzis are all over it because of this fact. As for fiat, there are scams too, however they're less because the currency is backed and protected by the government (regulated). Just my opinion  |
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I want to buy donuts with Bitcoin. Glazed ones are my favorite... |
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since bitcoin transactions can be totally anonymous I think 90 percent of people would just keep the coins and never talk about it anywhere. use a mixer and be happy So basically you're doing money laundering when using a mixer or not? Sorry for my ignorance, but I've never used one before. What would be the best Bitcoin Mixer then? bitcoin mixers are used in order to reach full anonymity when using bitcoin. basically you send bitcoin to one address and receive the same amount in your new address from a couple of unknown addresses so it can not be traced back to you. bitmixer.io (my signature) is one of the best mixers which have been around for a long time In that case, Bitcoin mixers are pretty cool. I'm going to try this one. Thanks for sharing this info, mate! |
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This is pretty interesting news for the Bitcoin community. I'm getting one of these debit cards soon... |
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I think Paycoin should die and thus a new Paycoin 2.0 will emerge (probably with another name) |
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Today i can use my bitcoin debit card to pay for almost anything really (where cards are accepted ofcourse) , so the next goal would be to for me to be able to pay directly from my wallet for those purchases. Paying for stuff from ebay would also be a nice add-on. eBay will probably be the last company in the world that accept Bitcoin payments directly. They are heavily related to Paypal. Paypal's biggest rival is Bitcoin of course. We can say that other marketplaces have bigger chance to accept Bitcoin payments before eBay. This makes me wonder if Amazon would accept Bitcoin in the near future....it could be. Only time will tell |
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One thing that I would try is to rent a miner/rig. But, I've made my calculations and this doesn't seem profitable at all.  Why should cloudminig then be profitable with ROI's of 90 days or less at the current price level Get yourself decent machine and mine your own coins I was planning to, but I don't know where to start. Which is better? An Antminer S5 or to build my own custom rig to mine with GPU's (alt coins) Depends on your invest and what you want to mine. If SHA-256, wait for the S7 There's going to be an Antminer S7? Cool! I hope it will be more energy efficient than the S5. I'll be saving money for this one. Can't wait for it Then GET IT!!! Will do. Thanks for sharing this link! Now I could finally get my hands on a real miner. No more cloud mining..haha |
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Ether is a very good coin (or should I say fuel) that runs on the Ethereum platform. Such is a platform for decentralized applications. You should check it out!
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One thing that I would try is to rent a miner/rig. But, I've made my calculations and this doesn't seem profitable at all. Why should cloudminig then be profitable with ROI's of 90 days or less at the current price level Get yourself decent machine and mine your own coins I was planning to, but I don't know where to start. Which is better? An Antminer S5 or to build my own custom rig to mine with GPU's (alt coins) Depends on your invest and what you want to mine. If SHA-256, wait for the S7 There's going to be an Antminer S7? Cool! I hope it will be more energy efficient than the S5. I'll be saving money for this one. Can't wait for it |
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Chances are, you would be wasting your time. There are very few CPU only coins and most (all?) are run by botnets and dumped for Bitcoin.
Now, if you want to mine just to learn then go for it but dont expect to ever break even let alone make a profit.
GPU mining is almost in the same boat with the exception of a few coins.
What about XMG (magi)? Looks promising. It is a hybrid PoW/PoS coin. I've been mining a few with my quad core CPU and earned $0.10 running the PC for a full day (24hrs) Honestly I know nothing abuot that coin but doing some math will tell you its not profitable. If your computer is using 250 watts of power (I dont really know what it uses, you'll have to figure it out) and your electric costs $.10/kwh (average cost in the US) then you spent about $.60 to make $.10. if you still live at your parents or pay a flat rate for your electricity before a certain point i dont see why you shouldn't, but not for 10 cents, maybe 1 dollar a day It's a good thing that I don't pay for electricity (my parents pay the bill) so that means that I could get some profit, right? Even if I still make a dollar a day I'll still be fun to mine |
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