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reminds me of my 5 years in the navy. lots of hurry up and wait.
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this buy will remain open for quite a while maybe as late as mid JAN. The coop will get a lot of these.
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I have an opportunity to purchase two KNC Jupiters, basically brand new for $8k each. Do you think the Jupiter is still profitable right now and for the next two months or so?
have you seen what these go for on eBay or even here on bitcointalk? even if you think they're not going to be profitable mining, they're sure going to be profitable to resell. if you don't want them I'll have them for 8K each. yeah he could sell one for 20k on ebay which would mean the other one cost -4000 well -3000 after fees. frankly I doubt the price as it approaches the too good to be true concept. to me any seller that understood enough to buy one at 7k months ago. would know that a private sale for BTC only. should get 10btc or 10-11k not 8btc or 8.8k. ebay is selling them over 20k. and with careful writing of your ad on ebay you can get payment in btc. not paypal. To be clear I believe the op that he got the offer. I just am not sure that the person that gave the offer to the op is trustworthy based on the low price. |
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we made a block thank goodness
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Hello fellow miners , I wonder if any one has a simple way of getting a wallet for namecoin or a video instructional for a windows vista computer ? I have tried in the past but I could never successfully follow the directions and end up with a place to store the namecoins I am mining here . This man spiked my interest . http://www.youtube.com/watch?v=hjN4PA8Zp2M&feature=em-uploademail. I would convert them into btc for you. put them in this address MyQpF1yqNDHH2znc74vifXBWr5xsRKL2oJ the exchange I use is giving about .0085 btc for 1 nmc so 10 nmc are about .085btc and 100 nmc are about .85btc https://vircurex.com/welcome/index?referral_id=756-12066 this one is an exchange but they have fees. the link is my referral link I get tossed a few bucks for your joining. if you goal is cold storage of nmc in a paperwallet why? I would rather do that with btc. but to each their own. (edit done) |
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I have an opportunity to purchase two KNC Jupiters, basically brand new for $8k each. Do you think the Jupiter is still profitable right now and for the next two months or so?
2 knc miners will earn about .8 coins a day for the next 11 days. that is 8.8 coins. a coin sells for 1156 usd on coinbase 8.8 x 1156 = 10172 even if the next jump is 30% and diff moves from 710 mill to 923 mill 2 machines would earn .59 coins a day for 11 days that is 6.49 so in 22 days you would have 15.29 coins at 1152 usd each or 17,614. |
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i had issues on Osx Mountain Lion with java (could have been something i was doing wrong) i updated to mavericks and it works fine with the bluefury usb. I was using the beta client on a macbook air.
I had issues on OSX ML the java client would report timeout for a red fury/ this also happened on windows 7. but pointing bfgminer I have 3 sticks (red fury) they all add up to 7.7gh and my big stats page give me 7.7gh. this is with beta client |
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99.45 % and 12 plus hours |
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Without 100% vote selling cannot proceed , even 80% vote is not enough.
okay not quite sure about the math. r5 + r6 = 200 shares……. 80 percent of 200 shares is 160. so if 101 of the 160 shares want to sell. that makes for 101 out of 200 or 101 to 99. That would be more then half the shares . |
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last photo this shot shows the printer = device page. call that page up. press your rest button watch the device vanish let go of the reset button watch the device return. it will help you to be sure that the device works correctly and that you enter your add a device bfgminer command at the right time.  |
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some observations on these sticks :
one) the pencil mod helps
two) good hub is a must these sticks want power
three) good power brick is a must these sticks want power
four ) hitting reset button may not work there is a timing issue you should call up your windows device and printers window
then press one of your reset buttons you will see the com(#) vanish let go of the reset button the com(#) reappears . let us say it is my com546 .
my bfg window should be at bpm:\\.\com546
press reset make the com546 vanish from the windows device screen .
let go of rest com546 pops back your bfg command line is ready for you to hit enter you have 1-3 seconds longer f u too soon f u. device not found enter the command in that 1-3 sec zone it will find the device.
a fan helps. I am happy enough to want about 8-20 to run I do have one semi dud running a bit low i have one very good one running a bit high and 1 normal one.
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a big close up of pencil mod.  before the mod  after the mod  |
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Yeah the chance to sell a knc at 20K + will not last a long time. Unless coins go up to the moon. hash fast may really come out with gear. ant miner may mass produce. BTC may drop to 200 usd.
fun times for the next few weeks.
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Yes, I think you are right, ASIC technology will be very valuable and rare if the hyberbolic price continues since it's smarter to mine with it than sell it. All this talk about BTC ROI is just retarded, having a machine that generates a salary is not!
btc roi means nothing. fiat roi is the goal. My piece of a knc has returned 342 usd for a 78 usd share . it has returned .39btc for a .63btc investment. come tax time the IRS does not give 2 or 3 shits about btc return but they do care about usd return. |
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it is the 29th we moved up to about 75.58 btc so minus the 39.88 paid out we have about 35.7 minus fees we have a bit over 35 btc for payout
so a share would be 35/400 = .0875 with maybe one more set of btc to add to that. but .0875 at 1100 a btc is around 96.25 usd .
in usd terms we will have our usd back and then some with the next payment.
To Dz Coop keep up the good work!!
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Well, since it's clear that the majority of people who responded to the poll here want to sell, perhaps we should make a new poll asking where to sell, and how many to sell? I'm personally in favor of selling at least one, however I would be OK with selling both of them.
I agree with the above. First choice sell one for around 25k and hold the other Second choice sell both for around 50 k. And the adjustment has happened.. 707.4 mill up from 609.5 about 15.6% |
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hi boss, i heard that jupiters can be sold in market for 25 btc each. if 1 btc=1k usd, then that's 25k usd. i dont know if this rumor is true. but if its true, do you think its a good idea to sell our miners at 25 btc each?
Our group buy is going to sell one of our 2. read this thread and look at my test probe for a usa ebay price. Also see that I figured a way to force BTC and not paypal on an ebay sale. this would mean no chargebacks. I can help tyrion70 with instructions on an ebay sale that will accept only BTC. look at this thread https://bitcointalk.org/index.php?topic=334360.0see this post on the thread. this is from page 4 post 77. the offer history. I am going to be gone for a few days I ended the listing as I feared someone would pay the 32222 asking price is I left it up!  and the ad  |
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Just got back from a 200 mile round trip to do Turkey Day. To all USA people happy T Day one day late. To all none USA people we have a lot to be thankful for if we are in on buys r5-r6
Diff will change in 1 hour looks to be at 705 mill just under 16%. so our 550gh knc will earn about .39 btc a day for 11 days. coin base is at 1100 usd.
so 11 days x .39 = 4.29 coins x 1100 = 4729 usd. my feelings are this. we have 2x machines .. we are really far ahead. I do not want an all or nothing mentally .
1)sell both = we are really smart if coins drop and dumb if coins go up the downside is coins got to 10000usd. the upside is if coins go to 100usd
2)keep both = we are really smart if coins go up and dumb if coins drop the downside is coins drop to 100usd. the upside is if coins go to 10000 usd.
3)sell one and keep one ====== I want to do this. if we get 25k or more for the one. we will be half right and half wrong. but still make a lot of cash. so this is my pick
I figure for number 1 if we sell 2 at 50k it sounds good and if coins do 10000 a coin we lose a chance to make serious money.
I figure for number 2 if we sell none and coins drop to 100 a coin we lose close to 50k
I figure for number 3 if we split the baby we get 25k for sure and at 100 a coin we do meh but at 10000 a coin we still have 1 machine.
So I like selling one and keeping one.
I would sell both.
Holding both knc's smacks of greed and I really do not want to hold both. to me holding both is the only way to lose a good score.
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