1301
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: GAWMiner Hashlet Discussion Thread
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on: September 08, 2014, 05:31:53 AM
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You know why GAW is pushing hashlets so hard the last ~month?.... its because of these... https://turingstations.com/ "550MH/s – $4,899 ..Power Consumption: 1100-1200 Watt" when these hit the network 1 mh isnt going to roi in 2 months. ... gaw miners 550MH... $11,000 when from turing you can get it for $4,900. edit...not to meantion at 550MH youre paying 8cents each per day... paying them 44$ a day ( for "maintenance"). dont get got friend... at 1200watts IF your KW/h was $.20 (very high)... it would only cost 6 dollers a day to run. thieves. Why are you posting same thing every post and plz stop it or you will get banned. This new account is probably a shill account for that website and now that I've seen that exact same post in 2 different areas that even helps to solidify my belief. Don't buy anything from that turingstations website as you will most likely be scammed out of your BTC
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1303
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Economy / Economics / Re: ♛ Bitcoin is 3200 Euro!!! ♛
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on: September 08, 2014, 05:13:01 AM
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Lowest ask price is still 418 euro and USD is unaffected. What's going on over there? Any political stance changes? As far as the high being 3200 euro I think there must have been a mistake?
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1304
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Bitcoin / Mining speculation / Re: Gawminers
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on: September 08, 2014, 05:06:45 AM
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Their black widows most likely didn't/won't ROI due to the difficulty increase if you purchased it early on. As for the hashlets they run pretty well, I even ended up getting a free hashlet for having a zenminer account already. If you mine the scrypt coins you get still paid in BTC (to answer the previous post).
So far the hashlets are pretty good, a little over 25% ROI so far just after about 2 weeks (I bought at the $15.99 price though), which will be a lot tougher at the $39.99 level, but maybe they will do something cool with their hashlet primes later on.
Yeh picked up the black widow at 215 bucks I believe now have about 52 bucks. I guess the ROI will come due to the free hashlet lets see. I was thinking of picking up the sha hashlets but not sure how they work. When I mine with them at merge mining pools what happens? do I get all coins or are they converted to btc and paid out? They dont answer their tickets very promptly from what I have seen. You only get the payouts in Bitcoins, you don't end up with a bunch of random alt coins.
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1305
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Bitcoin / Mining speculation / Re: Hashlets vs. Fury
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on: September 08, 2014, 05:04:45 AM
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If you're looking to make bitcoin then your best investments would either be buying Bitcoin directly (like from coinbase)or if you want to mine it the gaw hashlets are going to give you more bitcoins faster than buying fury's and a zenminer. However, if you want some small scale mining hardware....buying a Fury with a zencontroller (or hook it up to an old laptop) would be a fairly cheap way to start. You could also look into getting an old inexpensive BFL jalapeno or one of the newish Rockerminer R-Boxes. They likely wont make you more BTC than if you just directly bought BTC, but they are fun to play with and show off. If you want to look really fancy (but won't pay themeselves off) you can buy a few Antminer U2's, plug them into a nice looking USB Hub, add a USB fan and some blue lights. <---always a good conversation starter about bitcoins when people come over to your house
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1307
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Bitcoin / Bitcoin Discussion / Re: what if fiat transfers via credit card become free
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on: September 08, 2014, 01:44:19 AM
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CC fees cannot go to zero because they need those fees to cover fraud, cover people not paying their bills and cover the cost of running their network and adding improvements to their network infrastructure. Fiat transfers are way more expensive than Bitcoin, even with wire transfers I'm charged $15 for accepting one, bitcoin fee is just $0.06 even if 800 billion dollars are sent (hopefully not a lot of outputs).
More importantly though is that fiat is printed (paper and electronically) everyday, making the dollar less valuable everyday. When I think that 3600 coins are currently made a day I cringed, then when I think about 2.7 BILLION dollars coming into existence every day I immediately see why fiat will fail.
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1309
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 07, 2014, 12:09:14 PM
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Personally i hope BTC stays where it is for another 2 months, then goes bananas
I wish the similar pattern. I don't feel I have enough BTC for next bubble. Are you so confident though that bitcoin will continue to increase in value/price? The price over the past few months makes me have doubts (especially with the downtrend), but I'd love to hear your thoughts on why the btc price will increase.
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1313
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 07, 2014, 08:19:06 AM
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All of this stagnation is killing me. I want some really cheap coins or a price boom to 1+ the excitement levels. Or at least a steady increase in price. It makes me look like a fool if when I talk about bitcoin I have to say "yeah I really think it's the future.....but the price is slowly declining for the past few months and who knows where the bottom is".
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1314
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Economy / Speculation / Re: Price of mining the cheapest bitcoin
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on: September 07, 2014, 08:12:25 AM
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Eh...I pay $0.08/KW in the US and I live in a highly populated area that is NOT cheap. I have a buddy in the Mid west that pays $0.04/KWH (has agriculture line) and I've heard rumors that some big centers in china can get $0.02/KWh.
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1316
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Bitcoin / Mining speculation / Re: Gawminers
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on: September 07, 2014, 07:02:29 AM
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Their black widows most likely didn't/won't ROI due to the difficulty increase if you purchased it early on. As for the hashlets they run pretty well, I even ended up getting a free hashlet for having a zenminer account already. If you mine the scrypt coins you get still paid in BTC (to answer the previous post).
So far the hashlets are pretty good, a little over 25% ROI so far just after about 2 weeks (I bought at the $15.99 price though), which will be a lot tougher at the $39.99 level, but maybe they will do something cool with their hashlet primes later on.
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