Steemit is not a scam as thisANN thread said, they pay people for creating good quality content and ive tried steemit before and i did earn money so i can totally say this is not a scam. Also the steemit site has gain so many users. A lot of people will love this platform specially bloggers cause they need to create their own website and apply for google adsense and all that crap just to earn money. The steemit currency is pretty much stable its current value is i guess around 13-14 cents and they also have a sister coin called steem dollars which is pegged to US dollars.
Just because you got paid some steem coins doesn't mean something can't be a scam. Nobody is saying steem is a blatant fraud but it is very scammy. All the factors are in place for a never ending downward slide. It lost about 40% since I last logged on here a month or so ago. |
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what makes you think Steem will pump while EVERYTHING is going down?
Even better. While everything else going down is perfect if steem goes up.. not dependiing on me or you.. depends of whales that manipulate steem market. But they just cant pick the right timing.. =) They try to pump that shit when other thing is going up.. Be first pump first, make profit. How do you guys come up with this nonsense ? Better yet who accepts financial advice from people who are making $1.42 posts about nothing. |
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Nothing in common with the sites you mention aside from publishing. Completely different model, different backing, different players, different money, different legal status and more. Craigslist forums are a closer comparison to steem then reddit.
Reddit has billionaires and global players behind it. Steem has a controversial family who's name I can't quite remember. I think they were involved with some other bit-crap-share-coin that went nowhere but in their own pockets.
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STEEM is currently stable at around 0.00023 and I'm sure it isn't gonna be moving any time soon..
Anyone here mining STEEM POWER?
Your prediction didn't last very long for someone who is "sure" about something. steem sits at 00017 a week later and declining. Steem also went cell phone based recently so you will see a sharp decline in content. Its been shown over the years that fly by night and pop up companies suffer when they start asking for real world information. Nobody with a head on their shoulder gives this type of information out to a coin site except for kids and young adults who don't know much about anything, thus the future of steem is headed towards childish publishing, content and commenting. I have yet to find anything positive about this platform besides the run up of the price. |
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Pickup is downtown Toronto  |
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Used briefly for mining last summer. Regular video card before that, never gamed. Just fired it up again with some new ethereum forks and it ran fine all weekend.
Original box with all accessories, 2 molex cables, 1 crossfire, 1 DVI-VGA adapter, probably a CD or DVD which I never used.
$100 CAD
picked up at my door
$20 flat if shipping
escrow, international, pay later, paypal, negotiators, USA orders = sorry
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lol aleksei 30% off
english transalation
eastern euro scum with a database of visa cards.
not sure why people respond to these ads with anything other than a scam alert.
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I have another lot of cards coming. Probably wont' keep the 2gb cards. usual stuff 6950 6970 260 270 maybe 270x .
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If I can make $1 per day off of each GPU card (profit after electricity and other expenses), then 90 cards make me 90 a day which is 2700 a month which is pretty close to my goal. 90 cards = 15, 6 card rigs probably running in the range of 1200 - 1400W per mo each.
Not really because there are extra costs as you increase. Cooling, space, internet requirements and I'm not even talking about the legal stuff like licensing,taxes, insurance. The cheap mining model works at home on free internet and up to a few GPU's. You've obviously never mined if you don't know this. After one rig you have to start cooling. After two rigs you have to move out of the room. At 90 GPU you have to move out of the house. AC, noise suppression, fanning, racking, power upgrades to draw that kind of power. Ever think about a fire ? You also missed the whole chapter on difficulty. If you can't grasp the aboveyou will never understand that. If you project 2700 a month at today's difficulty expect to be paid on $2400 tops because difficulty isn't going to stop when you come online with 90gpu. Next month $1700-$2000. Next month $1500. But your bills stay the same, in 3 months you can't make rent. To keep up with 2700 you have to add another 10-15 GPU each month. |
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@Darwin84
500$ a month for parking? from where i live there is no parking fee around here, there is insurance that cost 6 to 11 $ a month, a computer is already a toy, i don't get why people want to play with gadgets, i have a 24 inch monitor and a lot of GPUs to use for gaming. a used motherboard for my mining rigs costs 28$ max, for bike injury you just need an alcohol and terramycin.
That's downtown Toronto. $300-$600 a month, depends on security and covered or not and that's just work, you need another $100 or so to park at home. Great so you have a life of GPUs and gaming in a deadbeat farming town and you fix yourself with alcohol. That's a waste of life to most people. I'm not judging but don't pass this off as advice. You'll be on the streets of a big city soon enough when you're first major life upset happens that you can't fix with $500. Good luck |
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Sorry but but that's just fools luck. You got lucky that's all. There is no life @ $500 /m unless you are lucky. What if someone dies tomorrow are you going to bury them in your backyard ? What if you get sick tomorrow and need $20k for a simple surgery, you will die.. What if you injure someone tomorrow just by doing something simple as riding your bike, you will be sued. How about actually living and not just surviving. What kind of life do you have with no toys or gadgets or cars and insurance. How about a boat ? How about parking. Your monthly survival rate is what people pay for parking for 1 month in my city. @$500 month you can't even afford a new motherboard if something goes down. Its a failed business plan and I hope nobody takes your advice. Moving provinces is for doctors or oil workers. Moving provinces for mining is about as smart as buying a cottage in nunavut. Do you plant to relocate to a new town and sit an house with no friends or family so you can make $10 a day for a few months.
Actually, I do - I have no family where I'm at NOW, and very few friends. Won't be "for a few months" either - I'm NOT limiting my plans to Ethereum - in fact I'm still earning more from LiteCoin right now than Ethereum (already have the hardware, no point in shutting it down since it's profitable even though I can't switch it). It's not practical to live on less than $500/month ALL UP in most of the US for most folks, but $1000 is easy - I've not made $12000 in a year in over a decade, but I've been pretty comfortable that whole time. Being single, no dependents, etc helps noticeably. DO keep in mind that SOME parts of the US have low rental costs, it's not ALL about insane pricing in places like Manhattan (NY) or Orange County (CA) and such. P.S. - I've not "lived with mommie" in 37 years and change. |
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I can load anything but its the latest that's on there now. antMiner_S320150109.bin
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Parted one out and have a spare controller board.
$15 US
$20 CAD
includes free shipping letter mail
these are low value now and there is no sense paying for better shipping. Letter mail will arrive in 1-2 weeks to most places.
Canada / USA only
International add $5 and letter mail might take 1-2 months because they sense something is in it and send it by surface.
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270 was picked up this morning
all video cards are sold and only antminers remain
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without virosabitch bumping up my shit I can't get anything sold.
bump
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Half the replies here are not really problems with bitcoin but the users lack of understanding or other issues that have nothing to do with bitcoin. like im addicted to gambling and 7/11 doesn't accept bitcoin.
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I know that but I'd like to know when it makes sense to no longer do that. Why have dozens of proxies on the wan and flood the internet. I already have a 2 to 1 but would like to go more and thinking of building a dedicated proxy server and pointing all miners to it. I'm obviously way ahead of you here on this but thanks anyway.
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Everyone likes to talk about difficulty rising so profits will decline, when in reality the price will rise with it. Look at Bitcoin. It's always been profitable to mine. The difficulty rose, but so did the price. It was profitable to mine three years ago, it's profitable to mine now. Crazy how that works.
What are you are a sadist? Want to see other lose money? It's funny how the ignorant are so willing to share their opinion. Unless you live next to a dam or have access to some other form of cheap power, you will never truly be competitive. You would make more as a clerk in a 7-11. Hobby mining is fun - going pro is insane. I'm not suggesting him to mine at all. Nowhere did I say that. What I implied is if it's profitable, mine. If it's not, don't. Mining is scalable. If you can mine at a profit, the more you spend on gear the more profit you will earn. Based on my KW/h I can make $50 a month off a 20 mh/s gpu. I don't have cheap electricity, I have average electricity in the USA. $50 a month on a single gpu. Scale it up and you're looking at $50 x how ever many gpu's you have. Simple as that. If you want to take the calculated risk of going pro and spending a lot of money, go for it. You are scaling up but only the GPU count. If you got that from a calculator you will never even reach that because in 30 days the difficulty will increase quite a bit and that $50 is actually $45. Next month $37 and so on. |
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another thing to add
why in the hell you need to aim at making 60k or 19k a month, when with a regular job you would only make 1k?
let's be equal here, if you want to get rid of your steady job, you need just an income of 1k per month, it can be reached easily by mining any shitcoin if you have proper electricity
1. You have to pay back your loans for everything you built. 2. As network difficulty changes your profits will drop. 3. You have to constantly upgrade/repair/replace equipment in this industry. You will need a store of cash to do this. 4. Who the hell can live on $1k a month? Thats under minimum wage. Remember not everyone lives at mommys and has no bills. I live in a smaller cheap house and my monthly bills not counting food/gas/car maintenance/etc are over $1000 a month. You sound like someone who has no clue what its like owning a business or even living on your own for that matter if you think $1k is enough to live on. OP said $35k-65k per year. $35k is about $2900 a month before taxes. $65k is about $5400 a month before taxes. Calculate loan repayment rates, commercial rental fees, taxes on your profits......now tell me again how far off I am? lol you beat me to this response. we practically wrote the same thing |
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another thing to add
why in the hell you need to aim at making 60k or 19k a month, when with a regular job you would only make 1k?
let's be equal here, if you want to get rid of your steady job, you need just an income of 1k per month, it can be reached easily by mining any shitcoin if you have proper electricity
A couple of gross details to point out. Hopefully you can correct me or correct yourself. $1k / month ?? Who can or will live on a $1k a month ? That is $12,000 a year and even the poverty rate in Ont is about $18,000 .. You are suggesting surviving in Ontario at 1/3 below the poverty rate. Even people who are old and home bound or disabled would living substantially better than you. $1k is more like slovakia. Please share your model for mining $1k on a shit coin .. I'm must be the dumbest miner on the block because I can't find one. |
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