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1  Bitcoin / Mining software (miners) / Re: CraPE v0.3 beta - Boot from USB - Win8 PE Based Mining OS on: March 02, 2014, 12:15:56 PM
Is there any way, that changes done during OS operation surive a restart?
Isn't this an option you can set, that changes automatically are stored?
2  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: October 31, 2013, 10:05:38 AM
So what is now the expected withdrawal time for:

SEPA >1000EUR
SEPA <1000EUR
Int Wire >1000USD
Int Wire <1000USD
Int Wire JPY
3  Economy / Exchanges / Re: MtGox withdrawal delays [Gathering] on: October 27, 2013, 07:51:29 PM
This was some time ago. Is there still a delay for Eur Sepa transfers??
4  Economy / Service Discussion / Re: MTGox SEPA Withdraw Delays on: October 27, 2013, 07:46:46 PM
This Thread is some time old. How is the current situation? Are there still delays with gox withdraws??? Or everything working fine now?
5  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 23, 2013, 08:12:30 PM
Your mining is just part of the pool 0% pool fee nothing to do with GH/s buy sell stuff.

Pointing 60GH/s at ghash.io pool will not put any GH/s in your account at cex.io. Pool payouts WILL go into your account as BTC.

the Sell GH/s is really Re-sell. can only sell what you bought on cex.io.



So this means only uber retards are gonna do this at this price. A sure loss!!!
6  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 23, 2013, 07:47:06 PM
None of them. Buy and hold bitcoins

Yes it seems to be the best option atm. The only way to make profit atm with mining is to get a good BTC/GH miner instant on ebay or so ant then instantaneously sell all hash power on cex.io. However it could be risky since affaik you are obligated to offer this hashrate forever. However its likely that you can buyback the hashpower almost free in a few months. So you have the profit of the beginning margin - the elec costs - buyback costs = which is most likely profitable...

Else I didn't find anything which seems to be profitable. Please inform me when you find a way, since I really wanna make profit with mining :-)

I don't think you can sell your own hashpower on cex.io yet..

of course you can. theres a sell option right beside the buy option lol

Can you explain how it works with selling on cex.io?
Cuz I don't get it. So theoretically I could make acc sell all my hashpower, withdraw all funds - stop hashing. create new account sell again etc..... Making huge profits.
How does cex.io prohibit this behavior?? (To be exact: What do you have to do in order to sell and what are the penaltyes if you fail to deliver the sold hash rate?)
7  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 21, 2013, 02:14:16 PM
None of them. Buy and hold bitcoins

Yes it seems to be the best option atm. The only way to make profit atm with mining is to get a good BTC/GH miner instant on ebay or so ant then instantaneously sell all hash power on cex.io. However it could be risky since affaik you are obligated to offer this hashrate forever. However its likely that you can buyback the hashpower almost free in a few months. So you have the profit of the beginning margin - the elec costs - buyback costs = which is most likely profitable...

Else I didn't find anything which seems to be profitable. Please inform me when you find a way, since I really wanna make profit with mining :-)

I don't think you can sell your own hashpower on cex.io yet..

I'm also very confused with cex.io especially concerning the duration as well as the penalties of a failure to supply the promised hash rate. However I thought it would be possible that you can sell. When not then I really don't see any way to make profit with mining.
8  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 20, 2013, 02:59:28 PM
avalon 60Ghash for 6BTC = $900 = £570

Questionable, had you gotten them from the Tradehill auction on the other hand they would be profitable. Captain hindsight has been taunting me the last few days about that, 2.21 btc/unit with free shipping like wtf Sad

OK 2.21 BTC inc shipping and instant (delivered within 5 days) I pay for 60GH.... This would be profitable
9  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 20, 2013, 02:57:51 PM
None of them. Buy and hold bitcoins

Yes it seems to be the best option atm. The only way to make profit atm with mining is to get a good BTC/GH miner instant on ebay or so ant then instantaneously sell all hash power on cex.io. However it could be risky since affaik you are obligated to offer this hashrate forever. However its likely that you can buyback the hashpower almost free in a few months. So you have the profit of the beginning margin - the elec costs - buyback costs = which is most likely profitable...

Else I didn't find anything which seems to be profitable. Please inform me when you find a way, since I really wanna make profit with mining :-)
10  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 19, 2013, 02:09:08 PM
avalon 60Ghash for 6BTC = $900 = £570

i ordered it wednesday night and got my tracking number today (friday night/saturday morning) so i expect it to arrive on wednesday. from estimates

hardware breakeven = 36 days Cheesy cha ching

Good luck with that! You get 0.0878 BTC a day. In begining. Diff inc 40% each time... so do the math. So even when diff would not increase you would use 68 days for HW break even. When you consider diff and elec you probably never get your 6 BTC back.... -> fail investment

such a noob response.. if only you knew lol,

ill be getting more then that, but goodluck with your calculations

Huh?
When the gear arrives the diff will be (or very soon be) 345158085 (next est.). So with 60GH/s you're getting 0.0874 BTC/day. 

1. Why was my response noob?
2. Well you're getting probably less than that not more since there are pool fees etc (go to allchains if you don't believe).
11  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 19, 2013, 10:55:45 AM
Sure Cex.io is worth it (My knowledge so this is a referral link)

Well it seems to me like a GH/S exchange. But i don't understand how long you get this GH/s when you buy. However Price per GH is even higher as with Avalon.
12  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 19, 2013, 10:51:55 AM
avalon 60Ghash for 6BTC = $900 = £570

i ordered it wednesday night and got my tracking number today (friday night/saturday morning) so i expect it to arrive on wednesday. from estimates

hardware breakeven = 36 days Cheesy cha ching

Good luck with that! You get 0.0878 BTC a day. In begining. Diff inc 40% each time... so do the math. So even when diff would not increase you would use 68 days for HW break even. When you consider diff and elec you probably never get your 6 BTC back.... -> fail investment
13  Other / CPU/GPU Bitcoin mining hardware / Re: Any ASIC worth for Investment? on: October 19, 2013, 10:32:08 AM
Eventually you reach the limits of thermodynamics then you buy because they won't be anything faster coming out later.

22 nm — 2012
14 nm — 2013
10 nm — est. 2015
7 nm — est. 2017
5 nm — est. 2019

Not sure how many bitcoins will be left by 2019 though? 21m - 17m (2019 est.) =  4m? Wink
Have you forgotten the halvings or is this just me..

Have you forgotten how technology works or is it just me.

Intel and the big computer companies are just barely beginning to scratch 20 nm in marketable products, their R&D are working on 14 nm.  If billion dollar companies/industries take this long to drop nm's, what makes you think bitcoin mining hardware is just going to sail through them?

We'll be at 28 nm for 5 years at least.

Well the problem is, that process shrinking does no more shrink the relative transistor costs in the amount we have seen a few years ago. If its no more possible to shrink the relative costs of a transistor this would mean the end of moors law. Thats why the whole industry is in panic: See this famous NVIDIA flame for ex: http://www.extremetech.com/computing/123529-nvidia-deeply-unhappy-with-tsmc-claims-22nm-essentially-worthless

However this freeze are basically good news for miners. Since it would mean a halt in cost saving advancements, and makes they're mining gear longer profitable operational. The only problem is, that the current products are highly overpriced and there is a huge cost saving potential.
14  Other / CPU/GPU Bitcoin mining hardware / Any ASIC worth for Investment? on: October 18, 2013, 06:24:07 PM
Hi
Is there any ASIC out there worh as an Investment?

I was thinking about buying a KNC miner. When I assume the delivery in mind-end Nov this device gets obsolete in End of feb when Black Arrow Prospero X-3 arrives. So I expect a yield of 2000USD in this period. Manybe you get 500-1000 USD afterwards. So when I buy I would probably get a loss of 2000USD+
This scenario repeats and repeats; just look at the amount of avelon miner which will never get they're return.
WHY? Cuz the Investment in ASIC is currently stupid! Just do the math:

A 12 inch 28nm Waver costs around 2-3 k USD in production. However is sold from the fab for 10k (high quantitys).

So a typical Waver would be:
2.4 GH/s / mm2 at 28nm a 12inch Waver has 70000 mm^2 = 170TH

yield is not 100%-> 150TH

so the price would be 6 cents/GH!!!!!

Of course everithing has to be tested and packed and this produces significant costs. The R&D+initial production cost must be covered as well as PCB and PSU, MCU etc....
So lets say production costs are 30 cent/GH. Best offer ATM 1.5 USD/GH. There is huge potential in cost reduction, and this will probably also happen from generation to generation of asic's making the old ones obsolete before they returned the investment. This will happen over and over again until prices reached very close to production prices (when will this be??). Until then its better to invest in directly in bitcoin than in mining.

PS: I'm not blaming any ASIC company for ripping customers off. They probably have higher production prices, this just shows how low it can and probably will go in pricing.
So to me an investment in any offered ASIC seems completely nonsense. How do you see this?
15  Bitcoin / Hardware / Re: Black Arrow announces 28nm 100Ghash Bitcoin ASIC from $1.49/Ghash on: October 18, 2013, 05:32:00 PM
Is there anyone already making PCBs and just buys ASICs in order to further reduce costs?
16  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][Pool]CryptoEx MultiCoin Best Profit Auto Exchange Pool on: September 16, 2013, 09:47:30 PM
well this pool has a lot of potential.
However there are some issues to be fixed.... And some coins to add...
The profit switching stuff seems also to be laggy/incorrect. And the update of new block found etc is very laggy.

Well im the next 2Weeks in Brazil and will keep throwing 1.5MH to this pool. Lets see what i get
17  Other / CPU/GPU Bitcoin mining hardware / Re: Your Electricity Cost per Kwh (Which country is the Most Expensive) on: September 13, 2013, 10:59:44 AM
Are those prices also the same if you use a lot of power. (like 1-2GWH)
We're currently looking for a low elec priced place.
My .083 is for 100kw loads or higher.

About the same is our goal to get in Switzerland - when we decide to stay in this country.
18  Other / CPU/GPU Bitcoin mining hardware / Re: anyone mining in very low electricity cost countries? on: September 12, 2013, 11:05:51 PM
some things people tend to neglect are logistcs costs/risks and customs risks (outbound and inbound).  

it may be virtually free in kuwait or venezula or malaysia etc... but what will it cost to get your rig/machine there and will it get stuck in customs?  

these are things that i believe need to be factored into any decision...


Well is it also that cheap if you use a lot of power (like 1-2 GWH)? And is the grid able to deliver stable this amount of elec? (most installation do not support such an high elec drain)

BTW: Malaysia is not cheap at all....
19  Other / CPU/GPU Bitcoin mining hardware / Re: Your Electricity Cost per Kwh (Which country is the Most Expensive) on: September 12, 2013, 11:01:28 PM
Are those prices also the same if you use a lot of power. (like 1-2GWH)
We're currently looking for a low elec priced place.
20  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN] profit switching auto-exchanging pool - middlecoin.com on: September 12, 2013, 09:32:42 AM
Reward for 1469590 diff 1 shares accepted:

0.013BTC!?!
Minig LTC would have been at least 3 times more proftable....
WTF is wrong? Youre sure your profit switching als is any good, and you really concider Orphans/Stales etc.?

And why http://middlecoin.com/profitgraph.html <-- doesnt update anymore
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