Also even a several PH farm would not take up more then several thousand square feet (maybe closer to 100k square feet) which is hardly "industrial" sized
Who cares about size, its about electricity capacity. From their website: ZeusHash currently maintains approximately 5% of total Bitcoin (SHA-256) hashrate and 10% of total Litecoin (Scrypt) hashrate If you believe anything they say, SHA alone would be ~14PH which would on the order of 7-10MW and which is in the same ballpark as KnC:  |
|
|
|
From their website:
Maintenance Fees
ZeusHash charges a small amount of maintenance fees for running our mining farms. ZeusHash reserves the right to adjust the fees based on our overall cost.
I dont understand why anyone would enter a contract with such terms, but that aside, what maintenance fees was zeus charging for SHA?
How would it not be fair for them to pass along their actual costs associated with running their miners? I would say that it would be suspicious if anyone were to offer a fixed price for electricity over the course of a contract when such company has little to no way of being sure that is the rate they will end up paying for the electricity they use. electricity rates for industrial use like datacenters dont just randomly change. They are contractually set typically for several years within a (small) window A term stating the fees could change by a maximum of x% every y years would be fine. But with what they did put in, they can double it tomorrow, rendering your GH and MH literally worthless. |
|
|
|
I actually feel I have to post better quality most of the time I advertise for someone. Then you havent done the cost/benefit analysis. Yes, get booted out of the campaign and possible banned for spam and sometimes even made look silly. If someone is posting bullshit, reply and show those who do now know any better that its bullshit.
Chances of that happening are what, 1%? Again do the cost/benefit analysis then imagine having dozens of accounts. First of all do you have anything that can back your claim for the reason they left?
JoelKatz was last active yesterday [2] and DeathAndTaxes [3] has a signature in the fashion a campaign would. I suspect you just pull reputable people out of your behind to back your argument.
DnT's signature is his own company duh. JoelKatz has posted less than once a week prior to selling some hardware. Its a nice way for people without much money to get some coins, to learn about bitcoin without investing to much without begging for them. No, its a "nice" way to render this forum useless. I would much rather have they begged. |
|
|
|
WOW, 8% Monthly? Its HYIP or PONZI?
Yes. No need to read the rest. |
|
|
|
|
From their website:
Maintenance Fees
ZeusHash charges a small amount of maintenance fees for running our mining farms. ZeusHash reserves the right to adjust the fees based on our overall cost.
I dont understand why anyone would enter a contract with such terms, but that aside, what maintenance fees was zeus charging for SHA?
|
|
|
|
Referal spam is again the rules anyway and will be deleted/removed from the post. It is allowed to put referrals in your signature. How do you maximize the odds of someone clicking your ref link? Post as many posts as you can get away with. They usually have rules in place, but I feel they are not strict enough more often than not.
Rules only help so much as long as the incentives are all wrong. Rules, even if enforceable and enforced will just be bent, skirted or broken. Fact is the campaign organizer wants to maximize ad impressions, therefore spam is not his problem, its his friend. And campaign members only care about maximizing their profit with minimal effort. Posting silly gifs, 5 word posts and completely meaningless stupid posts by people who do not care or know anything about the topics being discussed, is the predictable result. People with vested interests in this spam may say what they want, Im pretty sure I know why so many old and interesting posters like DeathAndTaxes and JoelKatz cant be bothered with this forum anymore. |
|
|
|
Thus your argument is mostly invalid, because a single post a day is hardly spam. The poster being discussed here post ~1 post per day (unless badbear has been deleting). 1 post per day x non trivial % of 386829 posters = forum full of nonsense. And thats not even discussing referral links. |
|
|
|
Your arguenrny is invalid in both this case and in others. In this case it is invalid because he is paid a fixed rate if he makes no posts or 1,000 posts. I read this on bitmixer campaign page: We pay 0.001* Activity/50 BTC weekly (max. 0.01 BTC). So yeah, it does make a difference if he posts nothing or 1000 posts, it influences his activity lvl. In other cases your arguement is invalid because campaign operators have an incentive to stop spam because spam with their campaign is not effective advertising. Nonsense. How many sig campaign base their payout on the trust of the poster or the quality of his contributions, rather than post count (activity/seniority) ? There is no incentive for signature beggars to contribute meaningfully, at most they must prevent getting banned. |
|
|
|
|
As much as I wouldnt mind that account being banned (along with 329392 others), its not a solution.
The real problem is that people are getting paid for signature campaigns. As long as that is allowed, we will be flooded by nonsensical spammy posts from a bazillion alt accounts, contributing nothing to the forum and burying worthwhile post under a pile of garbage, both to boost their post count and to increase their (per post) sig campaign payouts.
|
|
|
|
|
That they never heard of you, but they would follow up. Im standing by.
|
|
|
|
|
My only regret is that Ive carried loose series 1 and 5 BTC coins in my pocket for months to show off (and hand out). Id never thought they would ever be graded..
|
|
|
|
What makes you think like that?
A brief conversation with cex.io. |
|
|
|
Buy him a decent gaming grade videocard. You can mine with a videocard, especially alternative coins. No, its not profitable, but pretty much nothing is, and the process is identical, so good enough for "educational" purposes. And maybe he likes to play games too  . |
|
|
|
|
Didnt see that coming. Had anyone predicted a few years ago we'd have Dell, Microsoft and newegg onboard by 2014, Id have laughed it off. And Im a long term bull, go figure.
|
|
|
|
This makes me feel extremely sorry for people that put money in this scheme.
Are you going to feel sorry for the people that click the link in your signature and end up getting scammed there too? |
|
|
|
s&it happens..
it happens if you go sit underneath a cow's ass while its eating. Shit like this doesnt just happen if you apply just a minimum of common sense and do a minimum of due dillegence before deciding to invest in something. The OP is a complete newbie yet he figured it out. |
|
|
|
|
Collide this then:
28fb9fbd8d2d6e97ee177c5bf1dbfd1070b677ed8908aaf041e231720aef64d2
|
|
|
|
|
Think about this; on average, daytrading is a zero sum game (assuming start and end price are the same). Or it would be if you had to pay no trading fees, but you do. Some will win, some will lose, nearly everyone that posts about it will claim to win, but on average, daytraders will lose money to exchanges. Its simple logic.
The only chance you have to profit compared to someone holding mid/long term is being better than the average daytrader. Or more aptly: more lucky. If you have to ask how to do it, chances are you are not better, and you will likely have better odds of making a profit on any bitcoin gambling site.
|
|
|
|
|
Show Posts
