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Cconvert2G36
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June 02, 2015, 03:16:50 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC?  I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. |
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noobtrader
Legendary
 Offline
Activity: 1456
Merit: 1000
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June 02, 2015, 03:32:38 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC? I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. im all in if the miner was also water heater, so i can cut cost of my electricity for heating water or get free bitcoin...  |
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Mrpumperitis
Legendary
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Activity: 2758
Merit: 1075
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June 02, 2015, 03:38:36 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC? I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. when you say per month, usually the equipment isused by the company makers for stress test lol the shipped only last 2-3months by time it gets to you and you need to spend another $3k+ for a new rig. im all in if the miner was also water heater, so i can cut cost of my electricity for heating water or get free bitcoin... [/quote] my old mining pc, had 2 mini radiators,lol used them to heat my room and got a few btc per week. |
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ChartBuddy
Legendary
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 03:57:30 AM |
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noobtrader
Legendary
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Activity: 1456
Merit: 1000
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June 02, 2015, 04:11:51 AM |
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my old mining pc, had 2 mini radiators,lol used them to heat my room and got a few btc per week.
yes the water cool off the miner and the miner heated the room, win-win  |
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JayJuanGee
Legendary
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Activity: 3766
Merit: 10452
Self-Custody is a right. Say no to"Non-custodial"
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June 02, 2015, 04:48:26 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC? I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices. |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 04:57:47 AM |
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noobtrader
Legendary
Offline
Activity: 1456
Merit: 1000
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June 02, 2015, 05:36:12 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC? I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices. the price of btc doesnt depend on the price of mining, price depend on the number of uses/the amount of fiat money transacted in btc edit : this will kill miner |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 05:57:56 AM |
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fonzie
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June 02, 2015, 06:11:31 AM |
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esse83
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June 02, 2015, 06:14:30 AM |
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Btw, that's 150 just for electricity, that does not include rent, wages, taxes, etc...
150 is cheap, is this for a dedicated miner or pc? PC? I don't even think a pool would recognize or accept your hashrate. It wouldn't even register. my guesstimate is based on my personal experience with knc Neptune (around 3 TH/s at approx 2000 watts) and 0.10 $/kWh Which should generate about 1 btc per month. For paid off hardware, you're looking at about $2.23 in profit per day at current prices, and you need to get rid of 2000 watts of heat too. Well, there goes my hopes for BTC prices to go up..... I kept thinking that mining was NOT profittable at the current BTC prices. Still think $9k is possible this year? |
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cyclotronmajesty
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June 02, 2015, 06:20:38 AM |
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Bulls pushing...
Bears hanging on...
... almost a dollar rise in a 5 min time... that counts.. =/
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Morecoin Freeman
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June 02, 2015, 06:23:00 AM |
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Who managed to buy at the bottom?  ~222... Close enough. |
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BlackSpidy
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June 02, 2015, 06:27:59 AM |
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I could only get like, BTC0.04 on local bitcoin. $270 isnt that bad, right? right!?
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cyclotronmajesty
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June 02, 2015, 06:29:35 AM |
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I expect it to drop in the next couple weeks actually...
But who knows these days... I was expecting it to go to 250 by now...
I really don't want to sell in the 220s again... =/
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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June 02, 2015, 06:55:54 AM |
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light bulb miner guys. it's big
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ChartBuddy
Legendary
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Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 06:57:33 AM |
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LFC_Bitcoin
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Activity: 3584
Merit: 9836
#1 VIP Crypto Casino
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June 02, 2015, 07:40:09 AM |
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So 220 held over night, bit of bullish sentiment?  Could we have found the bottom or are we expected to go any lower today? Hopefully the dumps have stopped for now, I did pick up a few cheap coins yesterday though, it'd be rare for me to buy at the very bottom though lol. What does everybody think, 220 a strong resistant bottom or can we go even lower? |
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ChartBuddy
Legendary
Offline
Activity: 2226
Merit: 1779
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 07:57:27 AM |
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Poll
