noobtrader
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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
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Activity: 4200
Merit: 12866
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
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 04:57:47 AM |
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noobtrader
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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
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Activity: 2660
Merit: 2364
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
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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
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 06:57:33 AM |
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LFC_Bitcoin
Diamond Hands
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Activity: 4018
Merit: 11850
#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
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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June 02, 2015, 07:57:27 AM |
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esse83
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June 02, 2015, 08:12:07 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? What if I told you, there is no bottom. But seriously, later this year I bet the price will be in the low 1xx range. But good luck, I'm sure you'll make a fortune.
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Mickeyb
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June 02, 2015, 08:12:47 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? I really don't know what to think at the moment. I am very confused. It can go either way!
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Globb0
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Activity: 2716
Merit: 2053
Free spirit
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June 02, 2015, 08:25:52 AM |
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clipman77
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Activity: 1610
Merit: 1008
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June 02, 2015, 08:28:44 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? I really don't know what to think at the moment. I am very confused. It can go either way! Yes, we will go down even lower.It's not good for me and for all of you.
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Fatman3001
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Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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June 02, 2015, 08:56:12 AM Last edit: June 02, 2015, 09:51:07 AM by Fatman3001 |
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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? If you look at BTC-E/EUR or Kraken/EUR 3 day charts you will see that it's not healthy for us to go much further down. The same charts tells us that we might go up to the $240s again. However, the strengthening dollar tells me we should be happy with the $220-$230s until a proper breakout occurs. To anyone else, I know this isn't pro TA. Please shoot me down, but try to make it a cogent argument; not just poo-pooing.
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