tacotime
Legendary
Offline
Activity: 1484
Merit: 1005
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October 09, 2012, 11:56:28 PM |
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you guys should be aware this is a 2.2mh/s litecoin rig too.
I've seen a lot of people mining LTC. I'm not a huge fan of them, but I have a serious question: why? All of my research show that mining LTC is less profitable than mining BTC, both due to higher power usage (higher RAM speeds), and not being worth as much. The worth is speculative. The price is going totally fucking bazonkers lately as people try and buy it all up before the difficulty gets high, as GPU miners are starting to lose faith in BTC as we enter the dawn of ASIC mining and there will be for sure 3 different ASIC miners from different companies by the end of the year.
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XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
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420 (OP)
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October 10, 2012, 04:46:45 AM |
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It's hard for ME to say for sure because none of the actually 4 companies now claiming to be working on ASIC's have shown a model prototype or example of it actually hashing (not even pointed us to a pool with a username or a test net one day showing hashpower) SO all this uncertainty, more reason to cash out of my rig now while I'm still up on my investment (not by much) after mining only for 3 months (I sure got to the game late )
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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underminer
Full Member
Offline
Activity: 210
Merit: 100
Not for hire.
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October 10, 2012, 04:52:08 AM |
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Speculative huh? I had no idea. . Regardless, if it looks like a buck, sounds like a buck, and *sells* for a buck, it is for all practical purposes (for now) a buck.
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Keep your bitcoins my .02 are free.
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abracadabra
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October 10, 2012, 11:56:28 PM Last edit: October 11, 2012, 12:11:23 AM by abracadabra |
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I've come to a deal with 420 as follows: Seller to ship the following: Seller claims items in good working condition and rig should be able to mine BTC without any problems. Buyer offers 90BTC Seller is responsible for all shipping costs. Deal to be escrowed via Graet (ozcoin pool operator) as escrow agent. Rig will be tested by buyer when received to ensure that rig is able to mine at standard engine clock rates. Escrow agent to release funds to buyer seller "420" upon buyer satisfied with condition of rig, not to exceed 10 hours after receipt by buyer. I'll transfer funds to escrow as soon as 420 and Graet witnesses and Graet sends me an escrow addy. Thanks.
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420 (OP)
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October 11, 2012, 12:04:07 AM |
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Sounds good except: "Escrow agent to release funds to buyer upon buyer satisfied with condition of rig, not to exceed 10 hours after receipt by buyer." should be release funds to seller, 420
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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abracadabra
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October 11, 2012, 12:10:07 AM |
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Sounds good except: "Escrow agent to release funds to buyer upon buyer satisfied with condition of rig, not to exceed 10 hours after receipt by buyer." should be release funds to seller, 420 Doh!.. whoops.. edited..
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Graet
VIP
Legendary
Offline
Activity: 980
Merit: 1001
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October 11, 2012, 12:49:16 AM |
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I've come to a deal with 420 as follows: Seller to ship the following: Seller claims items in good working condition and rig should be able to mine BTC without any problems. Buyer offers 90BTC Seller is responsible for all shipping costs. Deal to be escrowed via Graet (ozcoin pool operator) as escrow agent. Rig will be tested by buyer when received to ensure that rig is able to mine at standard engine clock rates. Escrow agent to release funds to buyer seller "420" upon buyer satisfied with condition of rig, not to exceed 10 hours after receipt by buyer. I'll transfer funds to escrow as soon as 420 and Graet witnesses and Graet sends me an escrow addy. Thanks. Witnessed, I will send abracadabra an address
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420 (OP)
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October 19, 2012, 12:26:57 AM |
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Great sale, Abra got the rig and is mining already, I got the coins FAIR DEAL! Thanks
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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abracadabra
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October 19, 2012, 01:04:42 AM |
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Great sale, Abra got the rig and is mining already, I got the coins FAIR DEAL! Thanks Confirmed. All is good. Thx 420! And of course, as always, thx to Graet. Anyone that wants to use a Great Escrow Service, contact Graet.
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