Slesh
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Activity: 103
Merit: 10
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August 13, 2014, 06:35:21 PM |
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Another > 24 hours bi.ch block.. Just today when I am testing new miners .. We should all change pools for an hour then Slush will hit 6 10 minute ones I believe so I knew it helps .. to write a post .. we hit it
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bobsav2121
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August 13, 2014, 06:45:14 PM |
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just for the record jterry never confirmed nor PM'd me. i do owe 1 satoshi to the guy who did confirm though.... correction i actually won that one....LoL from the guy with the satoshi bet
Send me your address and I'll make good with my 1 satoshi bet. Hey at least we got the block to finish
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Coinnilingus
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Activity: 26
Merit: 0
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August 13, 2014, 06:48:44 PM |
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just for the record jterry never confirmed nor PM'd me. i do owe 1 satoshi to the guy who did confirm though.... correction i actually won that one....LoL from the guy with the satoshi bet
Send me your address and I'll make good with my 1 satoshi bet. Hey at least we got the block to finish naw man it's ok...no worries. we spend more in fees. i think our bet was good karma, block came pretty quick.
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bobsav2121
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August 13, 2014, 06:57:37 PM |
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just for the record jterry never confirmed nor PM'd me. i do owe 1 satoshi to the guy who did confirm though.... correction i actually won that one....LoL from the guy with the satoshi bet
Send me your address and I'll make good with my 1 satoshi bet. Hey at least we got the block to finish naw man it's ok...no worries. we spend more in fees. i think our bet was good karma, block came pretty quick. Yeah next time Slush gets stuck we will have to try your idea again !!!!!!
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jterry211
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Activity: 114
Merit: 10
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August 13, 2014, 07:08:03 PM |
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sorry got busy. next time.
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RogMiner
Newbie
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Activity: 33
Merit: 0
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August 13, 2014, 07:45:41 PM |
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I see that S1 upgrade kits are now available from Bitmain, I have just ordered 2 so I can increase my hashing rate sadly they won't be ready for over a month, by then my S1's will be nearly useless with the current difficulty increases.
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justinwnewton
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Activity: 1
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August 13, 2014, 07:48:20 PM |
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Another > 24 hours bi.ch block.. Just today when I am testing new miners .. Yeah, well... I got my miners up and running and connected to the pool for the first time... on block 22604 . At this rate my payback will be sometime after the sun explodes and consumes the earth. Justin
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Mudbankkeith
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August 13, 2014, 08:04:19 PM |
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Another > 24 hours bi.ch block.. Just today when I am testing new miners .. Yeah, well... I got my miners up and running and connected to the pool for the first time... on block 22604 . At this rate my payback will be sometime after the sun explodes and consumes the earth. Justin Take heart, as you have had a bad start it can only get better
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BTc donations welcome:- 13c2KuzWCaWFTXF171Zn1HrKhMYARPKv97
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bobsav2121
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August 14, 2014, 01:32:21 AM |
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When is the next difficulty increase going to happen ?
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LOM
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August 14, 2014, 09:12:39 AM |
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GO go Go gO
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TvaiX
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Merit: 0
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August 14, 2014, 11:38:56 AM |
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It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later... Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time...
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Searing
Copper Member
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Activity: 2898
Merit: 1465
Clueless!
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August 14, 2014, 11:46:16 AM |
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It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later... Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time... if I was in univ yet..i'd have taken a summer class in the dorms...they move you around different wings (or did) every 5 weeks or so as they do work on campus (paint etc)..man I coulda made a killing on free electric just bouncing around campus 4 or 5x over the summer they could never trace it to you in them old dorms either ah the lure of free electric Searing (Not sure if it would work these days during the school year but man summer no problems)
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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bozo333
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Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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August 14, 2014, 01:58:08 PM |
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Let me be the devil's advocate: Mining now not profitable. Even at sub 10c / KWh At around $510 and a looming diff. increase of almost 25% in less than a week I pity the guys now taking delivery of their shiny new SP30s. Not that I am making money with my SP10 and these parameters either...
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Searing
Copper Member
Legendary
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Activity: 2898
Merit: 1465
Clueless!
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August 14, 2014, 02:06:41 PM |
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Let me be the devil's advocate: Mining now not profitable. Even at sub 10c / KWh At around $510 and a looming diff. increase of almost 25% in less than a week I pity the guys now taking delivery of their shiny new SP30s. Not that I am making money with my SP10 and these parameters either... I unfortunately resemble those remarks above. I do take solace in this small thought.... IF bitcoin survives it will say 5 years matter much less in HOW you got your bitcoin in that you got your bitcoin NOW at say the prices below $1000 usd ....it may not have been as good as just buying coin vs mining....but wtf you probably would not have speculated as much $$ directly at btc (at least as a newbie like me) with out that first miner anyway! So if the mega bulls are right and btc someday hits say a modest 3k a coin...well we can do what all people do with luck and wealth...lie like a rug that it was all due to our 'amazing financial foresight' ...another way of saying stupid/lucky/right circumstances (hey if your gonna drink the kool aid you may as well get a 'pleasant buzz' off the stuff) Searing
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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jterry211
Member
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Activity: 114
Merit: 10
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August 14, 2014, 02:12:53 PM |
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It seems because of difficulty is going up and in the same time now bitcoin price is going down AntMiner S1 will be worthless to run sooner rather then later... Only good possibility is in cold winter to overclock them if your electricity is "free"... you can use them as electrical heater in the same time... You can upgrade your S1 to be just as fast and same efficiency as the S3 for .46 btc. https://bitmaintech.com/productDetail.htm?pid=0002014081313175081722f1GeUO063F JT
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jterry211
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Activity: 114
Merit: 10
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August 14, 2014, 02:47:57 PM |
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The Bitcoin ship seems to be sinking now under $500. What is going on?
JT
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Billbags
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Merit: 250
Brainwashed this way
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August 14, 2014, 03:13:47 PM Last edit: August 14, 2014, 07:59:01 PM by Billbags |
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It's suppost to stay around $500+/- throughout August(but could go as low as $375). If you follow the market, selling time was about 3 weeks ago. After people have a chance to buy low it will go up again. http://btctrading.wordpress.com/ ^ This link usually has good advance predictions on Bitcoin price.
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bobsav2121
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August 14, 2014, 03:28:10 PM |
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I think the " summer doldrums " MAY have something to do with this. After all my feeling is the the " young" crowd is a moving force behind this and they are all at the beach partying. Once labor day comes around and "vacations are over I think it will rebound. ( I hope ) but unless BTC goes high and stays high, home mining will be in trouble. JMHO
Bob
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