ToxicDartFrog
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June 13, 2013, 10:25:16 PM |
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LOL! Nawazish. Think before you speak. Exactly.
Nobody says 500% or 5000% isnt possible, but this future profitability calculatiuon is just bogus. It simply doesnt make sense to mine it when you expect a rise to $0.20. Then you actually should buy it, or mine some other coins and convert them to PCX. But maybe that already to much math i guess...
The only reason would be that you want to support that coin for whatever reasons. Thats OK. But dont tell people here that mining makes sense cause price will rise to $0.20!
With all your math you've somehow managed to miss the point entirely. At current prices (still 70% profitability) yes mining some other coin and buying in will technically get more, but again that's at this very moment current price. Things could change quite rapidly and that statement won't even be true anymore. Point being if you mine PXC now, you get what you expect (about 100 per 1000kh / day). If you mine something else with hopes to buy in at profit, you aren't guaranteed the chance will still be there by the time you have your coins ready to buy in at the exchange. Anyway here's another perspective: PLEASE DO mine a different coin and use everything you get to start buying PXC at a faster rate than you would from directly mining it. See how long a steady stream of buy-ins is met with sells at current price
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MKoch
Newbie
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Activity: 47
Merit: 0
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June 14, 2013, 06:31:52 AM |
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Grrrr, why are these prices so high... i want to buy .... i'm few days too late :/
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lucazane
Legendary
Offline
Activity: 1198
Merit: 1000
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June 14, 2013, 08:02:32 AM |
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Grrrr, why are these prices so high... i want to buy .... i'm few days too late :/ and in 1 week, you will be like : "Why I didn't bought at .00026"
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MKoch
Newbie
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Activity: 47
Merit: 0
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June 14, 2013, 08:37:35 AM |
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Grrrr, why are these prices so high... i want to buy .... i'm few days too late :/ and in 1 week, you will be like : "Why I didn't bought at .00026" Nope, i will buy today. Whatever it cost ;-) ... Edit: But i would really appreciate if someone will fullfill my .00026 order on cryptsy. It's just about 1900 coins... do a uncompromised miner a favor =)
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nulo0b
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June 14, 2013, 08:47:05 AM |
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Back due our latest results it was needed to put my focus on cs. awsome to see that the pxc still has a active support! The devs are trying to resolve the diff issue so thumbs up! Yea, buy now or you gonna bummer... Btw, for my 6950hd mining rig i, bought an extra 6950hd and flasht both of them. for unlocking the shaders.. Now they are both brickd.. someone can help me? just put them both back, one by one and flash them with factory bios? Playing on geforce 680gtx but for mining, it slow like hell xD
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DonDe
Newbie
Offline
Activity: 56
Merit: 0
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June 14, 2013, 09:07:42 AM |
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If you actually bricked it and it doesn't even post/start you are done, sorry
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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June 14, 2013, 09:11:04 AM |
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yet another reason i like vaporx dual bios
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DonDe
Newbie
Offline
Activity: 56
Merit: 0
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June 14, 2013, 09:14:58 AM |
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yet another reason i like vaporx dual bios
+1 I think all 7970 has dual bios switch
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HuuHachu
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June 14, 2013, 09:15:43 AM |
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If you actually bricked it and it doesn't even post/start you are done, sorry
Not necessarily ... not sure with 6950, but I bricked my 7950 (I flashed the *two* bioses with a non compatible one !) I managed to unbrick it by booting using another video card (an old S3 virge on the PCI bus in my case). If you can boot your computer on another card, then you can flash your ATI back. If you have a motherboard with integrated graphics, it may do the trick also. Just be sure to first disconnect your bricked board. Boot on a working one, change your motherboard bios to still boot using the working one (by default it use the PCI-E board, not the PCI one, you have to change that). Then stop, your computer, plug back your bricked card, reboot and try to flash
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noble: 9mKQpsfLeabjFsPv3YR9zYoAVymDPyfjCp
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ronaldinho_07
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June 14, 2013, 10:17:57 AM |
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Est. Avg. Time per Round 1 Hours 53 Minutes at phenixmining.com,pool is about 63.72% of total speed so,we solve 1 block every 69mins 48000-46216=1784*69= 123096mins/1440= 85.4 days
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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June 14, 2013, 10:20:55 AM |
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Est. Avg. Time per Round 1 Hours 53 Minutes at phenixmining.com,pool is about 63.72% of total speed so,we solve 1 block every 69mins 48000-46216=1784*69= 123096mins/1440= 85.4 days that cant be corect i am solving a block every 1.5h with 1900kh ( 1 rig of 3 5950s )
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mika1977
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June 14, 2013, 10:21:04 AM |
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Est. Avg. Time per Round 1 Hours 53 Minutes at phenixmining.com,pool is about 63.72% of total speed so,we solve 1 block every 69mins 48000-46216=1784*69= 123096mins/1440= 85.4 days It`s difficult to resolve blocks with more and more leaving miners.
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zackclark70
Legendary
Offline
Activity: 868
Merit: 1000
ADT developer
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June 14, 2013, 10:24:02 AM |
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Est. Avg. Time per Round 1 Hours 53 Minutes at phenixmining.com,pool is about 63.72% of total speed so,we solve 1 block every 69mins 48000-46216=1784*69= 123096mins/1440= 85.4 days It`s difficult to resolve blocks with more and more leaving miners. i would put more kh on pxc but i dont want to have more than 10% of the network speed i( i had 25% te other night with only 6,800kh
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DonDe
Newbie
Offline
Activity: 56
Merit: 0
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June 14, 2013, 11:01:51 AM |
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network hashrate 22 MH/s.. sad..
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MKoch
Newbie
Offline
Activity: 47
Merit: 0
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June 14, 2013, 11:21:08 AM |
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Hmmm, why so impatient guys? Nothing changed in the last days. The hashrate is all the time around 20MH/s. There is no reason why it should have changed. For me the facts are as follows: - Yes the hashrate is low and yes it may take month or so until the next retarget. BUT i don't see a probleme here because of the fact that IF the retarget would happen lets say tomorrow, we will be happy for ~1 day. After that all the new miners would have solved 2400 blocks in one day, again retarget bla bla, you know what i'm talking about. Be patient and give the developers the time they need to solve the retarget issue
- Yes the profit AT THE MOMENT is low if you want to sell this shit right now. BUT why it should be different?? The services are not finished yet and there is no effective value for this coin, RIGHT NOW. Again, be patient and give the developers the time to finalize the services. They are not any kind of magician
- Just mine now if you don't need the $$$ right now. If you can do it as a kind of hobby / for fun / long term investment then DO IT
In my oppinion it is like that in the moment. Just posting this here one more time as a summary because i see this "oh my god the hashrate" or "there is no profit" every few pages in this thread. Thats wired because there is NO reason why this should have changed in the last two days. There where NO retarget, NO announcement and NO 300% price jump on crypsy. Buy PXC and if you have the hardware, mine it as well (yes i'm not adressing our ~5MH/s miners that are already doing this ) Just my two cents ...
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JeanCool
Full Member
Offline
Activity: 224
Merit: 100
School of Hard Knocks
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June 14, 2013, 12:15:58 PM |
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Hmmm, why so impatient guys? Nothing changed in the last days. The hashrate is all the time around 20MH/s. There is no reason why it should have changed. For me the facts are as follows: - Yes the hashrate is low and yes it may take month or so until the next retarget. BUT i don't see a probleme here because of the fact that IF the retarget would happen lets say tomorrow, we will be happy for ~1 day. After that all the new miners would have solved 2400 blocks in one day, again retarget bla bla, you know what i'm talking about. Be patient and give the developers the time they need to solve the retarget issue
- Yes the profit AT THE MOMENT is low if you want to sell this shit right now. BUT why it should be different?? The services are not finished yet and there is no effective value for this coin, RIGHT NOW. Again, be patient and give the developers the time to finalize the services. They are not any kind of magician
- Just mine now if you don't need the $$$ right now. If you can do it as a kind of hobby / for fun / long term investment then DO IT
In my oppinion it is like that in the moment. Just posting this here one more time as a summary because i see this "oh my god the hashrate" or "there is no profit" every few pages in this thread. Thats wired because there is NO reason why this should have changed in the last two days. There where NO retarget, NO announcement and NO 300% price jump on crypsy. Buy PXC and if you have the hardware, mine it as well (yes i'm not adressing our ~5MH/s miners that are already doing this ) Just my two cents ... Right at the point ... we're in this to win this! Stay strong, all issues will be addressed and resolved ... Only like ~1750 Blocks to go! 650 already finished guys!
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Eb0la
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June 14, 2013, 01:40:07 PM |
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I have been actively mining for a bit with 3700KH tossed at it. We will break through this
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MKoch
Newbie
Offline
Activity: 47
Merit: 0
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June 14, 2013, 01:51:04 PM |
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I have been actively mining for a bit with 3700KH tossed at it. We will break through this i saw it ... i would say you are a lucky guy when we talk about finding blocks ;-)
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ToxicDartFrog
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June 14, 2013, 02:47:38 PM |
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I gave my miner a brief rest last night but its back on. Also noticed prices have been on a nice gradual uptrend too.
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Eb0la
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June 14, 2013, 03:18:17 PM |
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I have been actively mining for a bit with 3700KH tossed at it. We will break through this i saw it ... i would say you are a lucky guy when we talk about finding blocks ;-) I should have solo'd those! hahaa.. Keep up the good work guys! The amount of development on phenixcoin is amazing! Its going places!
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