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floatyfish
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November 04, 2013, 01:49:26 AM
 #261

Hey WH,

Apologies if this has been asked before, but would you be able to tell us what time you're sending out the divs tomorrow?

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j0ey2069
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November 04, 2013, 02:21:38 AM
 #262

I'm in Miner4, so to answer your question about sending it back - I say keep it and chug along.
Plus, correct me if I'm wrong, but for the past 12 hours Miner4 has been hashing between 520 and 590, right? That's alright with me!  Grin

Keep going as is, I say.  Shareholder on miner4 here and by the time things have been sorted, it probably would have been better just to keep mining. 
Just my 2c.
3rac3
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November 04, 2013, 07:42:04 PM
 #263

Awesome! Thx much for your effort!
stex2009
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November 04, 2013, 07:47:31 PM
 #264

Love it! thanks.
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November 04, 2013, 08:22:16 PM
 #265

It's a GREAT feeling to know you backed the right horse/ rider (mining company/ group buy organizer)

Thanks for all the effort, and don't hesitate to let us know if there's anything you need along the way.

BTCitcointalk 1%ers manipulate the currency and deceive its user community.
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November 04, 2013, 08:53:47 PM
 #266

Great to see the first payout today! Well done. On another note, I saw Elegius now offers optional namecoin mergemining, and I figure why not collect some free namecoins while were at it? Thoughts?
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November 04, 2013, 10:54:49 PM
 #267

how much is a new PSU?
keastes
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November 05, 2013, 01:24:37 AM
 #268

how much is a new PSU?


It was $150 w tax.  Cool

If Miner 3 shareholders want to split the cost w me that would be awesome Smiley

miner 5 share holder here, mind if i send 20 mBTC for said PSU? and where to?
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November 05, 2013, 01:30:09 AM
 #269

1,2 holder here. Keep up the good work WH!

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CommanderVenus
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November 05, 2013, 05:31:45 AM
 #270

Thank you for being so awesome waldohoover. The bitcoin world needs more people like you. Its all too often that people are being scammed blind by people that claim to offer goods or services. If we had more waldohoovers in the world i bet bitcoin would be more widely accepted as a legitimate currency.

Youre the best, AROUND!

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November 05, 2013, 05:20:17 PM
 #271

Sent. There's something like 9% of a Psu.
id10tothe9
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November 06, 2013, 11:59:20 AM
 #272

may I also add my words of appreciation to your great work waldohoover  Grin
thank you sir for the awesome work!! gotta save my wallet out of my dying harddisk and then will make sure to send a donation your way  Tongue

I'm having thoughts though about mining in general as a strategy to increase ones portfolio and would like to know what you guys think. I think with the increasing value of btc a ROI on the dollars is a guaranteed thing, but not a ROI in btc. Like I think if the current hashing rate stayed constant then we will get the btc that we invested back in about 6 months, and with the crazy increase maybe we will be able to get only half back?
On the other hand, this crazy exponential increase in hash rate has got to slow down at some point. So if my goal is to increase the amount of btc I hold, it seems to me better to just buy them and wait instead of mining while the hash rate is in the exponential phase right?
But again, now we have made our investments, and it worked out great that everything went right and waldohoover done a great job even more than I anticipated with all the nice websites and tables etc. Are you thinking about how to go on from here? Waldo do you plan on going on with this business with next gen miners next year?  Grin
cuz I'm thinking like, this was only the start of getting into the mining business, and if I just purchased the KnCMiner shares and that was it, then I actually had better just hold on the btc instead of getting only half of them back after several months. But maybe the only way to actually make a positive btc profit with mining is to use the current wins to purchase next generation equipment with better efficiency and stay on the front of the wave while the hash rate acceleration starts to slow down and I'm guessing only then would we be getting a ROI on the bitcoins. What do you think?

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id10tothe9
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November 07, 2013, 09:51:49 AM
 #273

that's perfect my friend!  Cheesy
here is my thought/strategy, the best thing to do with mining is to be mining with the highest efficiency, ie. the newest equipment generation. And while the acceleration will be slowing down, the return of investment will be increasing. So I will be using what I invested into mining, the returns, to purchase the newest equipment available. I don't care about using the btcs I get back, I will be investing them into the new generations and repeat the process. At some point, maybe mid next year, the technological barriers of chip size are reached and I guess the hash rate won't be accelerating like today but much slower. Then a btc ROI will be possible, even if in 6 months. At some point then there will be a steady income of btc because the network has matured and hash rate will be constant or increasing just slowly.
I think this is the only strategy to get more gains from mining than just buying and holding.
So I'll be participating in all of your future group buys that's what I'm sayin'  Grin
btw, do you plan to make like an email list for participants who are interested to get updated when you have news or upcoming purchases? I don't want to be missing out on the next one or be too late to discover the next gb  Grin

Cheers and congrats on this successful endeavour!

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DeepOnion★  Anonymity Guaranteed
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November 08, 2013, 02:38:51 PM
 #274

I sure do. KnCMiner just announced today they are working on 20/16 next gen chips already- This time I will will not wait so long to purchase from KnC- they have already proven what they can do and I will not let my hesitation be the form of delays.
Neither will anyone else  Tongue
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November 11, 2013, 08:18:23 PM
 #275

So apparently KnC is coming out with upgrade modules tomorrow...thoughts?

If you feel like donating: 1NtgJf4znCsA5GJDCbqtowHL2143WyqLkC
MrHempstock
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November 11, 2013, 09:26:37 PM
 #276



Hey guys, I also have a favor to ask. If I could have a moment of your time.. I would really appreciate if you could fill out my trust factor to the left <--- below my name. Just fill it in and mark it trusted if you feel you can trust me. Thanks guys!!  Cool

Happy Veterans Day  Grin


Done and done.

BTCitcointalk 1%ers manipulate the currency and deceive its user community.
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November 11, 2013, 10:51:34 PM
 #277

Just fill it in and mark it trusted if you feel you can trust me.
My payment is in. Thanks, and done!
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November 11, 2013, 11:03:22 PM
 #278

Payment just arrived for me as well.  Nice. 

Now, Waldo, any group buys still open?  I thought I saw something about Hashfast and 0.8btc.  I've got 0.85btc burning a hole in my pocket and I'm interested in joining another of your buys.
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November 11, 2013, 11:46:55 PM
 #279

So apparently KnC is coming out with upgrade modules tomorrow...thoughts?

Also interested in the upgrade modules, how much hashing would they add to a miner?
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November 12, 2013, 01:24:45 AM
 #280

If you have direct shares and pending withdrawals using only 1 btc address, you don't know who sent you the bitcoin. Now I know who did today. Thanks Smiley
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