Vladimir (OP)
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June 08, 2011, 05:59:42 AM Last edit: April 03, 2013, 09:20:45 AM by Vladimir |
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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kpriess
Sr. Member
Offline
Activity: 415
Merit: 250
Money is the root of all evil.
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June 08, 2011, 07:02:05 AM |
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These babies are waiting for someone to buy a mining contract Oh god.. Envy.. Bump..
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Vladimir (OP)
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June 08, 2011, 05:01:03 PM Last edit: April 03, 2013, 09:20:54 AM by Vladimir |
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Vladimir (OP)
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June 08, 2011, 10:30:32 PM Last edit: June 01, 2013, 01:44:33 AM by Vladimir |
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borito4
Member
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Activity: 87
Merit: 10
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June 08, 2011, 11:02:14 PM |
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Vlad. I wish I was you/worked for you.
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Adam
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June 09, 2011, 02:45:41 PM |
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I'm starting to wish I had outsourced my mining after spending a few days building computers and still being less than 50% capacity. Pain in the ass.
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Dropkickdragout
Member
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Activity: 98
Merit: 10
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June 12, 2011, 10:29:49 PM |
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I would really enjoy being a part of this....but that's $714.60 USD a month.. I don't think I can afford that right now for more than 1 month, and In 1 month I don't think I could break even.
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Vladimir (OP)
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June 14, 2011, 07:32:44 PM Last edit: April 03, 2013, 09:21:16 AM by Vladimir |
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Vladimir (OP)
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June 16, 2011, 02:50:55 PM Last edit: April 03, 2013, 09:21:22 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 03:00:34 PM |
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Love the huge tower of graphics cards, looking forward to more pics of DC3.
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Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 03:01:58 PM Last edit: April 03, 2013, 09:21:31 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 03:17:18 PM |
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Love the huge tower of graphics cards, looking forward to more pics of DC3.
To tease you will make a pic of a fan, later today. I take it you're the reason all my retailers are sold out of XFX 5870s and 5850s
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Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 09:43:29 PM Last edit: April 03, 2013, 09:21:58 AM by Vladimir |
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Reikoku
Full Member
Offline
Activity: 140
Merit: 100
firstbits: 1kwc1p
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June 16, 2011, 11:44:29 PM |
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What's the CFM on those? I envy you Vladimir, but in the good inspirational way.
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Rei | 1Kwc1pqv54jCg8jvnm3Gu1dqFQYhS34Bow Trades So Far: 7
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Vladimir (OP)
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June 16, 2011, 11:51:18 PM Last edit: April 03, 2013, 09:22:05 AM by Vladimir |
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Ben Walsh (beamer)
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June 18, 2011, 11:01:37 PM |
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I'm looking at these contracts and got all confused ...
I'm trying to work out what my expected total BTC payout would be from a 4 month 1 GHPS contract.
I understand the difficulty changes every 14 days. Is there somewhere I can get the historic changes in the difficulty ?
If I can find that figure and assume I got to keep the rig for ever, I can use the sum to infinity calculation as follows, right ? ...
1 / ( 1 - ( 1 / ( 1 + difficulty change ) ) ) x 14 (days of each period) x 1.15 (current daily payout from 1 GHPS) = total BTC payout
Let's assume for now that it is high (10%) that would give ...
1 / ( 1 - ( 1 / ( 1 + 0.1 ) ) ) x 14 X 1.15 = 11 x 14 x 1.15 = 177.1 BTC
So that's £1760 / 177.1 BTC = £9.94 / BTC at least (as I'll only have the 1 GHPS for the 4 months rather than forever)
Is 10% a safe estimate for the difficulty increase ?
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REF
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June 18, 2011, 11:06:59 PM |
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30% is better to use.
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Vladimir (OP)
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June 19, 2011, 02:42:30 AM Last edit: April 03, 2013, 09:22:19 AM by Vladimir |
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Ben Walsh (beamer)
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June 19, 2011, 02:09:09 PM |
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Maybe you should ;O)
Apologies if I have offended.
I am trying to calculate my "steady and predictable BTC income stream" and doing my due diligence on the historical, medium term and short term difficulty changes, before I go ahead with an investment.
PS : Don't knock the mathematicians, they are the only reason Bitcoin exists after all ;O)
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Capitan
Member
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Activity: 112
Merit: 10
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June 20, 2011, 04:06:52 AM |
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It seems every time, mtgox rate hits a short term low, a new mathematician comes here. I should start trading and make zillions trading using this bullish indicator.
So why not answer his question instead of deflecting it?
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