Bitcoin Forum
May 26, 2017, 02:13:04 AM *
News: Latest stable version of Bitcoin Core: 0.14.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Was just gonna set up a couple CPU's to mine, and find out about the price drop.  (Read 1012 times)
skottiejay
Full Member
***
Offline Offline

Activity: 126


bitcoinnaire


View Profile WWW
July 04, 2011, 09:28:57 PM
 #1

With all this speculation, I wonder if the price is going to continue to go down. I don't have anything in the way of profitable bitcoins at the moment, but was looking to put together something to bring in some coins, do you think it's too late for that or do you expect the price to rise again?

Me, I hope it rises again I'd buy bitcoins if I had the money to do so but I don't understand/know how that effects the market.

What else could I say?
1495764784
Hero Member
*
Offline Offline

Posts: 1495764784

View Profile Personal Message (Offline)

Ignore
1495764784
Reply with quote  #2

1495764784
Report to moderator
1495764784
Hero Member
*
Offline Offline

Posts: 1495764784

View Profile Personal Message (Offline)

Ignore
1495764784
Reply with quote  #2

1495764784
Report to moderator
POLONIEX TRADING SIGNALS
+50% Profit and more via TELEGRAM
ALTCOINTRADER.CO
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495764784
Hero Member
*
Offline Offline

Posts: 1495764784

View Profile Personal Message (Offline)

Ignore
1495764784
Reply with quote  #2

1495764784
Report to moderator
1495764784
Hero Member
*
Offline Offline

Posts: 1495764784

View Profile Personal Message (Offline)

Ignore
1495764784
Reply with quote  #2

1495764784
Report to moderator
1495764784
Hero Member
*
Offline Offline

Posts: 1495764784

View Profile Personal Message (Offline)

Ignore
1495764784
Reply with quote  #2

1495764784
Report to moderator
Chick
Member
**
Offline Offline

Activity: 70


View Profile
July 04, 2011, 09:29:29 PM
 #2

With all this speculation, I wonder if the price is going to continue to go down. I don't have anything in the way of profitable bitcoins at the moment, but was looking to put together something to bring in some coins, do you think it's too late for that or do you expect the price to rise again?

Me, I hope it rises again I'd buy bitcoins if I had the money to do so but I don't understand/know how that effects the market.

Your CPUs are worthless for mining.

https://en.bitcoin.it/wiki/Mining_hardware_comparison

skottiejay
Full Member
***
Offline Offline

Activity: 126


bitcoinnaire


View Profile WWW
July 04, 2011, 09:32:56 PM
 #3

CPU/Rigs, I understand the whole GPU/CPU thing now what I'm saying is I was going to put together something a little more efficient for mining but with the price drop I'm not exactly sure it would be worth it. Not that it's drastic or anything but it's making me nervous.

What else could I say?
FlipPro
Legendary
*
Online Online

Activity: 1456



View Profile WWW
July 04, 2011, 09:33:22 PM
 #4

Cpu's are worthless just like this thread.

Tweet For Coins http://uptweet.com
CNMOH
Member
**
Offline Offline

Activity: 70



View Profile
July 04, 2011, 09:35:15 PM
 #5

Difficulty follows price. If the price goes down, so will difficulty, as people will be less willing to mine at lower prices, meaning you will get more bitcoins. The price doesn't matter.

MaGNeT
Legendary
*
Offline Offline

Activity: 1092


Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na


View Profile WWW
July 04, 2011, 09:35:35 PM
 #6

CPU/Rigs, I understand the whole GPU/CPU thing now what I'm saying is I was going to put together something a little more efficient for mining but with the price drop I'm not exactly sure it would be worth it. Not that it's drastic or anything but it's making me nervous.

It can drop even lower and stay low... It can go sky high... No one can tell...

My Waves address is 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
Want to create your own Waves vanity address? Check this out!
Man From The Future
Full Member
***
Offline Offline

Activity: 196



View Profile
July 04, 2011, 10:56:09 PM
 #7

CPU/Rigs, I understand the whole GPU/CPU thing now what I'm saying is I was going to put together something a little more efficient for mining but with the price drop I'm not exactly sure it would be worth it. Not that it's drastic or anything but it's making me nervous.

It can drop even lower and stay low... It can go sky high... No one can tell...
<--------

No-one? What about me? Wink

⚫️⚫️⚫️ BlockPool.io  |        • Resources   • Website   • Slack
⚫️⚫️⚫️ BlockPool.io  |   Real World B2B Blockchain solutions  |   Join the TEC - May 1st - Jun 30th
⚫️⚫️⚫️ BlockPool.io  |                                                                 • Twitter   • Blog   • Facebook
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!