dmwardjr
Legendary
 Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 01:31:54 AM
Last edit: October 09, 2014, 01:46:50 AM by dmwardjr |
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 good to see our hashrate has gone up.. Wondering how much of a differernce itl be with the next diff rise. Also my BTC rewards have dropped by about .018-.025 in the past 2 weeks. Same Hashrate just much lower reward. Makes sense I guess. but it sucks a hell of alot. BTC diff rise = even less reward... But slush is usually good to us so we may have a higher reward for awhile but not long. Bought an S3, So im now running about 5 S1s and 1 S3.  Working fantastically. Just wishing the BTC dif rise would slow down or drop a little bit. I have a feeling itll be in the 40s in no time. Hopefully it slows down. but i have a feeling itll be in the 40s before and if it ever drops. The $/BTC well. That im not concerned about.... im moreless concerned about the diff. Oh well, im still making profit and thats all I care about, hopefully everyone is to. Yes, with my 10 S3's and approximately 6.5 PH/s on Slush on September 22nd, I was averaging .01742882 per block found. NOW, at 8.2 PH/s average during the week and the difficulty going up, I'm averaging .01456133 per block. That's why I HAD TO get 6 more S3's on eBay REAL QUICK LIKE!!! NO TIME to wait however long it would take Bitmaintech.com to get Batch 10 out to us. So, I bought six (6) NEW Batch 9 S3+'s that should all be here no later than Saturday. I figured I needed to get 6 more instead of 2 more in anticipation of the difficulty going up several more times before batch 10 reaches the door steps AND in anticipation of other pool members adding to their farm as well, which in turn raises our hashing power and diminishes our share percentage. I'm getting nothing but S4's from here on out and purchasing them with nothing but BTC on Bitmaintech.com!!!!!!! ALSO, BTC SHOULD BE WORTH MORE AND NOT REQUIRE AS MUCH BTC TO GET AN S4. I should get their quicker to purchasing S4's with 16 S3's instead of just 10 S3's. Each time I add an S4 when it arrives, it means I get the next S4 that much faster, and the next S4 even faster... SO ON AND SO ON... BTC is DESTINED TO GO UP. WHICH MEANS MINING WILL REMAIN ATTRACTIVE FOR A LONG TIME TO COME. WHICH MEANS DIFFICULTY WILL CONTINUE TO RISE FOR A LONG TIME TO COME! WHICH MEANS TOTAL POOL HASHING POWER WILL CONTINUE TO RISE FOR A LONG TIME TO COME. IN MY OPINION, IF someone intends to mine from home, like myself, they will need 20 TH/s MINIMUM to maintain a decent amount of profitability! |
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wasikidding
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October 09, 2014, 01:57:56 AM |
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good to see our hashrate has gone up.. Wondering how much of a differernce itl be with the next diff rise. Also my BTC rewards have dropped by about .018-.025 in the past 2 weeks. Same Hashrate just much lower reward. Makes sense I guess. but it sucks a hell of alot. BTC diff rise = even less reward... But slush is usually good to us so we may have a higher reward for awhile but not long. Bought an S3, So im now running about 5 S1s and 1 S3. Working fantastically. Just wishing the BTC dif rise would slow down or drop a little bit. I have a feeling itll be in the 40s in no time. Hopefully it slows down. but i have a feeling itll be in the 40s before and if it ever drops. The $/BTC well. That im not concerned about.... im moreless concerned about the diff. Oh well, im still making profit and thats all I care about, hopefully everyone is to. Yes, with my 10 S3's and approximately 6.5 PH/s on Slush on September 22nd, I was averaging .01742882 per block found. NOW, at 8.2 PH/s average during the week and the difficulty going up, I'm averaging .01456133 per block. That's why I HAD TO get 6 more S3's on eBay REAL QUICK LIKE!!! NO TIME to wait however long it would take Bitmaintech.com to get Batch 10 out to us. So, I bought six (6) NEW Batch 9 S3+'s that should all be here no later than Saturday. I figured I needed to get 6 more instead of 2 more in anticipation of the difficulty going up several more times before batch 10 reaches the door steps AND in anticipation of other pool members adding to their farm as well, which in turn raises our hashing power and diminishes our share percentage. I'm getting nothing but S4's from here on out and purchasing them with nothing but BTC on Bitmaintech.com!!!!!!! ALSO, BTC SHOULD BE WORTH MORE AND NOT REQUIRE AS MUCH BTC TO GET AN S4. I should get their quicker to purchasing S4's with 16 S3's instead of just 10 S3's. Each time I add an S4 when it arrives, it means I get the next S4 that much faster, and the next S4 even faster... SO ON AND SO ON... BTC is DESTINED TO GO UP. WHICH MEANS MINING WILL REMAIN ATTRACTIVE FOR A LONG TIME TO COME. WHICH MEANS DIFFICULTY WILL CONTINUE TO RISE FOR A LONG TIME TO COME! WHICH MEANS TOTAL POOL HASHING POWER WILL CONTINUE TO RISE FOR A LONG TIME TO COME. IN MY OPINION, IF someone intends to mine from home, like myself, they will need 20 TH/s MINIMUM to maintain a decent amount of profitability! Why would you buy with btc not fiat if you think btc will be 2500 a coin end of next year? |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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wasikidding
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October 09, 2014, 02:36:01 AM |
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ok but doesn't answer the question why would you buy s4's with btc like 4 each instead of only 1250 fiat since 4 btc u believe will be 10k in like 400 days? I'm just asking im neither bullish or bearish on the matter just riding to see where it goes but if I had firm beliefs of that price point I would never spend my hard earned btc for miners that even with very small 5% diff jumps wont make back 4 btc in over a year? I would spend cash as I expect the dollar to do what the dollar does and stay worth a dollar |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:37:43 AM |
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Why would you buy with btc not fiat if you think btc will be 2500 a coin end of next year?
I'm actually looking forward to trading BTC on BitStamp shortly... |
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sjc1490
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October 09, 2014, 02:41:17 AM |
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I predict BTC will be at $475.00 by October 30th...
$540.00 by Thanksgiving
I will take that bet, btc will not even be close to that. I like your enthusiasm but you need to go to the S4 thread and read all the problems they are having. CK has confirmed it is a hardware problem and did a quick cgminer patch until Bitmain can come up with a firmware work a round which isn't really fixing the problem. You need to consider the Prisma at 1.4 TH each much better deal and you will come closer to a ROI (noticed I said closer as there is no hardware that currently has a chance to ROI). |
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:41:39 AM |
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ok but doesn't answer the question why would you buy s4's with btc like 4 each instead of only 1250 fiat since 4 btc u believe will be 10k in like 400 days? I'm just asking im neither bullish or bearish on the matter just riding to see where it goes but if I had firm beliefs of that price point I would never spend my hard earned btc for miners that even with very small 5% diff jumps wont make back 4 btc in over a year? I would spend cash as I expect the dollar to do what the dollar does and stay worth a dollar You make a good point, but I don't have the money at the moment to dish out in US for S4's. I purchased what I have right now in S3's with all credit card. I don't want to just spend money on BTC when I'm living pay check to pay check to pay check at the moment for the most part. I have a little to put aside after pay for a rainy day. I don't want to use my rainy day funds to buy BTC and WAIT 400 days. |
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:42:41 AM |
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I predict BTC will be at $475.00 by October 30th...
$540.00 by Thanksgiving
I will take that bet, btc will not even be close to that. I like your enthusiasm but you need to go to the S4 thread and read all the problems they are having. CK has confirmed it is a hardware problem and did a quick cgminer patch until Bitmain can come up with a firmware work a round which isn't really fixing the problem. You need to consider the Prisma at 1.4 TH each much better deal and you will come closer to a ROI (noticed I said closer as there is no hardware that currently has a chance to ROI). Thank You very much for the heads up!!! |
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wasikidding
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October 09, 2014, 02:43:48 AM |
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Why would you buy with btc not fiat if you think btc will be 2500 a coin end of next year?
I'm actually looking forward to trading BTC on BitStamp shortly... also I missed the part where you stated Btc should be worth more and so not be over 4 ea. but still I am a holder I have thought about paying my DISH bill with it etc. but why I spent alot of money and time on my miners with the hope's that maybe I hit the MotherLode lol but if not down the road I can always look at it as a hobby and enjoyable still I would luv btc to be 2500 ea. then the couple I have obtained will be worth a lot  |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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wasikidding
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October 09, 2014, 02:46:38 AM |
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I predict BTC will be at $475.00 by October 30th...
$540.00 by Thanksgiving
I will take that bet, btc will not even be close to that. I like your enthusiasm but you need to go to the S4 thread and read all the problems they are having. CK has confirmed it is a hardware problem and did a quick cgminer patch until Bitmain can come up with a firmware work a round which isn't really fixing the problem. You need to consider the Prisma at 1.4 TH each much better deal and you will come closer to a ROI (noticed I said closer as there is no hardware that currently has a chance to ROI). Thank You very much for the heads up!!! I am buying a Prisma but once again I am waiting for batch 2 to use paypal from Asicpuppy.net as even tho at 1.47 btc it's a decent deal I would rather spend the 500+ fiat hoping for a nice rebound |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:47:03 AM |
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WHO is the manufacturer of this "Prisma" you are talking about? I'm NOT finding it...
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wasikidding
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October 09, 2014, 02:48:06 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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wasikidding
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October 09, 2014, 02:49:02 AM |
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WHO is the manufacturer of this "Prisma" you are talking about? I'm NOT finding it...
Asicminer it is the second gen. Tube search Crazyguy Groupbuy in google and go to the bitcointalk thread |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:50:23 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine I've looked at how to answer the damn thing and can't find it. Help please? |
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sjc1490
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October 09, 2014, 02:54:42 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine I've looked at how to answer the damn thing and can't find it. Help please? Activity changes your account rank nothing else. |
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:55:33 AM |
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WHO is the manufacturer of this "Prisma" you are talking about? I'm NOT finding it...
Asicminer it is the second gen. Tube search Crazyguy Groupbuy in google and go to the bitcointalk thread THX |
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wasikidding
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October 09, 2014, 02:56:19 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine I've looked at how to answer the damn thing and can't find it. Help please? Activity changes your account rank nothing else. correct but 28 to 42 takes off newbie tag |
BTC ADDY just in case you are my rich uncle lol 1KCQ4fXa3mWBvBsYRLmWY4QHqBa4ZYFdh6
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dmwardjr
Legendary
Offline
Activity: 1302
Merit: 1318
Technical Analyst/Trader
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October 09, 2014, 02:56:36 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine I've looked at how to answer the damn thing and can't find it. Help please? Activity changes your account rank nothing else. What is considered "activity?" I KNOW I have posted on here at least 100 times already... |
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sjc1490
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October 09, 2014, 02:57:45 AM |
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Also Dmward if you do the slush's poll above it may take you from a newbie to jr account it did on mine I've looked at how to answer the damn thing and can't find it. Help please? Activity changes your account rank nothing else. What is considered "activity?" I KNOW I have posted on here at least 100 times already... Sign out and sign back in to see your current activity. |
BTC ADDRESS: 12Qwd8VKLQ4xF44ytHXBpCAKuF9VknG4X2
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