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Author Topic: [40+ PH] SlushPool (slushpool.com); World's First Mining Pool  (Read 3852449 times)
cris12821
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September 18, 2014, 02:39:17 PM
 #18501

Wooohooo.  As always.   Slush is going golden again.   Reward is back up.   I'm getting .0015 extra btc per block now.  Wohoooo.

I knew this would happen,  slush always has the best come back.


Now we just need the btc/$ to go back to like the 600s.  Wow the price sure is dropping quite a bit. Very sucky.

Woot.    Hopefully I reach .5 or 1 btc before the week is over. Or close to

Give Respect , Get Respect
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TradersWay.JC
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September 18, 2014, 03:09:13 PM
 #18502

Another $20 down? I hope we see a reversal soon.... We had such a great day mining 2 days ago.

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cdjbolton
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September 18, 2014, 03:28:13 PM
 #18503

Come on everyone - We need a slush rain dance, could do with a few blocks while the hashrates a bit lower.

Really need a slush rain dance meme too Grin
Billbags
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September 18, 2014, 03:30:47 PM
 #18504

^ Let me get some coffee in me and ill get right on that dance Cry


http://www.cryptocoinsnews.com/bitcoin-price-discount-opportunities/

http://www.cryptocoinsnews.com/bitcoin-price-decline-continues/

Time to buy Bitcoin and Gold while they are both low.

Listen: meat beat manifesto ~ Edge of no control (pt.1)
Read:"He who controls the past controls the future. He who controls the present controls the past." ~ George Orwell
Think: http://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
cdjbolton
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September 18, 2014, 03:41:53 PM
 #18505

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.
cris12821
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September 18, 2014, 04:13:14 PM
 #18506

You all keep saying people won't shutdown some miners or w.e.    nobof not that's why you FORCE THEN TO.     Mostly these btc exchanges.   Its called DDOS, which means distributed denial of service,   with the ability to shutdown. Pools or exchanges for a few hours or days. 

Price is just dropping,  and the only real way to fix this is for some of these exchanges or pools to go offline for ahwile. 

But everyone likes to say people wontbturb them off, no nobody will, that's why u take it offline by force.... Just until price goes up a bit.



Either way.   STOCK MARKET people that's what this is like.

Give Respect , Get Respect
bobsav2121
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September 18, 2014, 04:18:49 PM
 #18507

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.

All the dancing  in the world is not going to help at this point.

Block payment less than half of what it was.

BTC goin down fast like the Titanic.

Difficulty going up like the space shuttle. maybe faster next month when the new machines get delivered .

Face the music it's about to be over for home mining.

It's been a nice ride this past year but if you've been around you can see the warning signs.

If your new , get out now your going to loose..

JMHO
Bob
cris12821
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September 18, 2014, 04:23:50 PM
 #18508

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.

All the dancing  in the world is not going to help at this point.

Block payment less than half of what it was.

BTC goin down fast like the Titanic.

Difficulty going up like the space shuttle. maybe faster next month when the new machines get delivered .

Face the music it's about to be over for home mining.

It's been a nice ride this past year but if you've been around you can see the warning signs.

If your new , get out now your going to loose..

JMHO
Bob


Wow.  So negative.      Thus guy has clearly lost all hope

Give Respect , Get Respect
X3rxis
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September 18, 2014, 04:31:54 PM
 #18509

the cgminer.exe cant find my S3 is there a how to ?
cdjbolton
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September 18, 2014, 04:35:15 PM
 #18510

Just one thing, Im not home mining we have a commercial setup.

And i have 18 S3 machines and a couple of S2 machines that have all been paid for with mining, so worst comes to worst and bitcoin goes tits up i'll just weigh the metal in and go to the pub.

Better to be part of something than nothing.
bobsav2121
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September 18, 2014, 04:36:23 PM
 #18511

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.

All the dancing  in the world is not going to help at this point.

Block payment less than half of what it was.

BTC goin down fast like the Titanic.

Difficulty going up like the space shuttle. maybe faster next month when the new machines get delivered .

Face the music it's about to be over for home mining.

It's been a nice ride this past year but if you've been around you can see the warning signs.

If your new , get out now your going to loose..

JMHO
Bob




Wow.  So negative.      Thus guy has clearly lost all hope


It not hope I've lost, it's profit.
Electric bills have not gone down just payouts from every pool , not just slush.
If you can show me where I'm wrong I'd like to see it.
I'm just trying to warn new people to give up now and learn from the people who have been at this a while.
The Heyday is over and gone.
The mountain ahead is getting higher and higher and no matter what your driving you'll never get anywhere.
I lost my fair share of money when I first started out, but was lucky enough to turn a profit before it was too late.
Right now the only people who will make any money are the manufacture's that are selling their last ditch effort hardware to people who cant see the writing on the wall.
Sorry if I seem all doom and gloom but as I said if you have any FACTS to show I'm wrong, bring it on.
Bob
cris12821
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September 18, 2014, 04:56:26 PM
 #18512

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.

All the dancing  in the world is not going to help at this point.

Block payment less than half of what it was.

BTC goin down fast like the Titanic.

Difficulty going up like the space shuttle. maybe faster next month when the new machines get delivered .

Face the music it's about to be over for home mining.

It's been a nice ride this past year but if you've been around you can see the warning signs.

If your new , get out now your going to loose..

JMHO
Bob




Wow.  So negative.      Thus guy has clearly lost all hope


It not hope I've lost, it's profit.
Electric bills have not gone down just payouts from every pool , not just slush.
If you can show me where I'm wrong I'd like to see it.
I'm just trying to warn new people to give up now and learn from the people who have been at this a while.
The Heyday is over and gone.
The mountain ahead is getting higher and higher and no matter what your driving you'll never get anywhere.
I lost my fair share of money when I first started out, but was lucky enough to turn a profit before it was too late.
Right now the only people who will make any money are the manufacture's that are selling their last ditch effort hardware to people who cant see the writing on the wall.
Sorry if I seem all doom and gloom but as I said if you have any FACTS to show I'm wrong, bring it on.
Bob


Iv started my own farm a few weeks back hosting at 3 different places.  And so far iv pretty much already broke even. 8 cent kW/h and free electricity is how I'm running.

So far its working amazing.    

Correct me if I'm wrong. But if ur new or w.e.  if u have free electricity,  ur completely fine.  If ur paying for electricity you may be out of luck soon

Give Respect , Get Respect
bobsav2121
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September 18, 2014, 05:19:07 PM
 #18513

^ Im going to be doing a rain dance in my street when i get home - Just at work atm so they may wonder why im dancing like a mad man in the office.

All the dancing  in the world is not going to help at this point.

Block payment less than half of what it was.

BTC goin down fast like the Titanic.

Difficulty going up like the space shuttle. maybe faster next month when the new machines get delivered .

Face the music it's about to be over for home mining.

It's been a nice ride this past year but if you've been around you can see the warning signs.

If your new , get out now your going to loose..

JMHO
Bob




Wow.  So negative.      Thus guy has clearly lost all hope


It not hope I've lost, it's profit.
Electric bills have not gone down just payouts from every pool , not just slush.
If you can show me where I'm wrong I'd like to see it.
I'm just trying to warn new people to give up now and learn from the people who have been at this a while.
The Heyday is over and gone.
The mountain ahead is getting higher and higher and no matter what your driving you'll never get anywhere.
I lost my fair share of money when I first started out, but was lucky enough to turn a profit before it was too late.
Right now the only people who will make any money are the manufacture's that are selling their last ditch effort hardware to people who cant see the writing on the wall.
Sorry if I seem all doom and gloom but as I said if you have any FACTS to show I'm wrong, bring it on.
Bob


Iv started my own farm a few weeks back hosting at 3 different places.  And so far iv pretty much already broke even. 8 cent kW/h and free electricity is how I'm running.

So far its working amazing.    

Correct me if I'm wrong. But if ur new or w.e.  if u have free electricity,  ur completely fine.  If ur paying for electricity you may be out of luck soon

 HOW MANY people have FREE electricity....

Gimme a break
kkurtmann
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September 18, 2014, 06:00:56 PM
 #18514

You all keep saying people won't shutdown some miners or w.e.    nobof not that's why you FORCE THEN TO.     Mostly these btc exchanges.   Its called DDOS, which means distributed denial of service,   with the ability to shutdown. Pools or exchanges for a few hours or days. 

Price is just dropping,  and the only real way to fix this is for some of these exchanges or pools to go offline for ahwile. 

But everyone likes to say people wontbturb them off, no nobody will, that's why u take it offline by force.... Just until price goes up a bit.



Either way.   STOCK MARKET people that's what this is like.

Dood! Shutting down any or all exchanges won't lower difficulty. Only hashrate affects difficulty. Maybe read over the last few pages of posts and learn.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
cris12821
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September 18, 2014, 06:39:28 PM
 #18515

You all keep saying people won't shutdown some miners or w.e.    nobof not that's why you FORCE THEN TO.     Mostly these btc exchanges.   Its called DDOS, which means distributed denial of service,   with the ability to shutdown. Pools or exchanges for a few hours or days.  

Price is just dropping,  and the only real way to fix this is for some of these exchanges or pools to go offline for ahwile.  

But everyone likes to say people wontbturb them off, no nobody will, that's why u take it offline by force.... Just until price goes up a bit.



Either way.   STOCK MARKET people that's what this is like.

Dood! Shutting down any or all exchanges won't lower difficulty. Only hashrate affects difficulty. Maybe read over the last few pages of posts and learn.


I have been reading.    And when miners can't connect to pools it = low hashrate.  But w.e.    I give up using my brain. I see this isn't brains.  

Hashrate effect difficulty.... Nooo really.   I though hashrate made the diff go downhill and buying a mass amount if bitcoins online caused the price to shoot through the roof.

Lol.     I'm not even going to try being smart.    I'll just do it myself than.      Works for me.       Truely.   Who needs free electricity when ur paying like .05.08 cents kW/h

But oh well.  Y'all can figure out your own ways.  Let me k ow how it works out for you while I make some money Cheesy


I'm sorry for trying to help, forgive me.

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kkurtmann
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September 18, 2014, 06:50:28 PM
 #18516

But you said you believe BTC exchanges effect difficulty

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
falling8
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September 18, 2014, 07:06:02 PM
 #18517

While the current BTC price sucks... difficulty increase/less payouts suck... and we have operating costs... I think focusing on that stuff (for the home miner) is the wrong attitude.  I don't care about short term price.  The way I see it, I am buying cheap bitcoins from my electric company.  I believe in the long term success of bitcoin.  Even if I start operating at a loss in the coming months, it won't matter long term.   Everyone needs to stop looking at home mining as a get rich quick scheme and start looking at how it fits in to your 5-10 year plans.  If you believe in bitcoin, and cryprocurrency in general, it's a no brainer.
kkurtmann
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September 18, 2014, 07:25:28 PM
 #18518

While the current BTC price sucks... difficulty increase/less payouts suck... and we have operating costs... I think focusing on that stuff (for the home miner) is the wrong attitude.  I don't care about short term price.  The way I see it, I am buying cheap bitcoins from my electric company.  I believe in the long term success of bitcoin.  Even if I start operating at a loss in the coming months, it won't matter long term.   Everyone needs to stop looking at home mining as a get rich quick scheme and start looking at how it fits in to your 5-10 year plans.  If you believe in bitcoin, and cryprocurrency in general, it's a no brainer.

Finally. A new member with brains. Thank you.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
bobsav2121
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September 18, 2014, 07:29:01 PM
 #18519

While the current BTC price sucks... difficulty increase/less payouts suck... and we have operating costs... I think focusing on that stuff (for the home miner) is the wrong attitude.  I don't care about short term price.  The way I see it, I am buying cheap bitcoins from my electric company.  I believe in the long term success of bitcoin.  Even if I start operating at a loss in the coming months, it won't matter long term.   Everyone needs to stop looking at home mining as a get rich quick scheme and start looking at how it fits in to your 5-10 year plans.  If you believe in bitcoin, and cryprocurrency in general, it's a no brainer.

There is NO  5-10 year plan for Mining, not only will difficulty skyrocket soon, the block reward is about to be cut in half.
Most people dont know that little fact.
So in summation, difficulty going to the moon, present payouts dropping like  rocks, and the block REWARD about to be cut in half... So how does that fit into your 5-10 year plan.
You are only kidding yourself.
And PLEASE dont come back and say BTC will be worth  1-2- 5- 10 thousand dollars cause it ain't goin to happen.
kkurtmann
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September 18, 2014, 07:38:13 PM
 #18520

Block reward halving is not a little known fact, or shouldn't be. Anyone getting into mining without knowing anything about it is foolish. I have already gone through one halving and it did not affect me too bad.

https://www.buytrezor.com?a=55c37b866c11   well sir, I like it!
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