Keep my S5's running until no longer profitable. Got one of the S5's already mining peercoin. It's not worth much, but it mines a block pretty quick. Plan on throwing all 5 on there and then just trade Peercoin to BTC after I have enough.
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Sell some of my miners, take the "profit" and invest in Bitcoin itself.
I'm not running a huge farm, so I'm more than likely going to cut my losses prior to the Havlening. Won't sell off my miners until a few weeks after the Halving, just to see how much more difficult things get.
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Right now, with the BTCitcoin I get from mining it usually goes towards gas, food, goods, you name it. Right now I'm slowly saving up for the new Bitfury miner and I'll hopefully have coin for one when it is released, if not after release hopefully some one will sell them online for a few coins less.
But most of my bitcoin I used to just trade, buy low, sell high. Stuff like that. Try and make a few more bits in between dumps and pumps
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I got my friends hooked on mining and trading bitcoin a while ago. My parents are slowly understanding Bitcoin. My brothers have both bought into Bitcoin themselves, and started doing small time farm mining.
I joined in on the Bitcoin train back in 2011 as a little investor who bought a couple bitcoin not knowing of what was going on back then. After around 2013 I really started to learn about the Bitcoin network, mining, the blockchain, trading, etc.
I'm addicted to Bitcoin. I wouldn't say I've lost money, but I'm not saying I've gained anything. More than anything it's a fun "game" and great community to participate with. My friends and family as of recently have started supporting me and backing me up on my choice of investments with Bitcoin.
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How much would shipping cost to Indiana?
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Blockstream is engineering a problem by keeping the blocksize small in order to force their off-chain "solutions" onto everybody, all for their eventual profit.
It is a greedy and overall highly disgusting tactic on their part.
Bravo Gavin for standing up against this madness.
Yeah, let Coinbase governance us. The company that is actually making money as we speak. Blockstream isn't making any money and they already have agreed to a HF NEXT FUCKING YEAR! Let me repeat that: They aren't making any money right now and I can make a bet that they will not be making any money next year either! How would you agree to give the bitcoin governance towards a for-profit company with ZERO technical skills??? I don't get it! With the way Core is headed and the way the devs are acting, Bitcoin is headed more and more towards a centralized governance. Classic is what we need and that 2MB limit is what we(miners) need even more
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The fact that I have a VISA card that has all my Bitcoin on it and I can use it anywhere....I don't think Bitcoin is going anywhere any time soon. Only thing I see that is dead is cash.
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I'm going to bookmark this page. Right now I'm selling off my 2 S3's and I'm going to buy an S5 once I move into my new apartment here March 25th. Would you be ok with that? I currently live in Indiana, but I'm getting ready to move out to Orlando Florida. With a price that low for an S5, it beats an eBay dealer for sure!
Oh anything here beats ebay! Yeah I'm fine with it, just remember to add in the shipping costs to your profit equations. If you have free power then it doesn't really matter much. I'd figure shipping to Florida should be $30 to $40 CAD. Still that beats the price for a S5 on eBay alone not including shipping. I think the cheapest one I could find was something like $229 USD
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I'm going to bookmark this page. Right now I'm selling off my 2 S3's and I'm going to buy an S5 once I move into my new apartment here March 25th. Would you be ok with that? I currently live in Indiana, but I'm getting ready to move out to Orlando Florida. With a price that low for an S5, it beats an eBay dealer for sure!
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Problem with the confirmation left - 400 802 % I had that happen to me this morning. Gave it a few hours and things are back to normal.
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You lost me at "Memory Pool Limiting"
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Don't forget, you can now vote for BIP109 under the "Mining" tab
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Does anyone want a S5? My electric costs are about equal to earnings, making it hard to continue... Whats it worth?
If you're willing to work out a price, I'll gladly buy it off of you. PM me if you're still selling.
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I for one am extremely excited to see what Bitfury has to offer here in the coming few weeks. But I'm probably not going to buy until I see how profitable they become as July starts to crawl closer.
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