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12gaFacelift (OP)
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September 26, 2013, 12:49:30 AM
Last edit: September 29, 2013, 02:46:29 PM by 12gaFacelift
 #1

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Never argue with idiots, they just drag you down to their level then beat you with experience. ~ *CANADA ONLY* Colloidal Silver Wire Rod - 12 Gauge Pure Silver .9999 - https://bitcointalk.org/index.php?topic=775964.0

https://bitcointalk.org/index.php?topic=731923.0
https://bitcointalk.org/index.php?topic=1323657.0
Vod
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September 26, 2013, 12:51:35 AM
 #2

You know you will spend more buying it than you will EVER make back, right?   Undecided

BTW, I like your signature!  Another favorite of mine is "Never argue with an idiot, people watching may not be able to tell the difference."  Smiley

I post for interest - not signature spam.
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12gaFacelift (OP)
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September 26, 2013, 12:54:22 AM
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yeah but i still have 2 hub dlink(7port) to fill and the electricity here is free.

Never argue with idiots, they just drag you down to their level then beat you with experience. ~ *CANADA ONLY* Colloidal Silver Wire Rod - 12 Gauge Pure Silver .9999 - https://bitcointalk.org/index.php?topic=775964.0

https://bitcointalk.org/index.php?topic=731923.0
https://bitcointalk.org/index.php?topic=1323657.0
LiquidGamerX
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September 26, 2013, 10:02:44 PM
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You know you will spend more buying it than you will EVER make back, right?   Undecided

That's bull.. I paid 1.57 Bitcoins for 10 ASIC miners to add to my current rig, and I am making roughly 0.6 bitcoins a month off the asic block erupters alone.  Wouldn't that mean that I receive a return on investment after 3 months?

techkojj92
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September 27, 2013, 12:51:52 AM
 #5

if you got some LTC to give as collat. ill loan ya for .70 by nov 5th. .5 if ya mine on my worker
monbux
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September 27, 2013, 01:31:26 AM
 #6

You know you will spend more buying it than you will EVER make back, right?   Undecided

That's bull.. I paid 1.57 Bitcoins for 10 ASIC miners to add to my current rig, and I am making roughly 0.6 bitcoins a month off the asic block erupters alone.  Wouldn't that mean that I receive a return on investment after 3 months?



I don't know where you get this from...  Maybe you're just super lucky?
http://www.bitcoinx.com/profit/
Tells me with 10 ASIC 330 MH/s running 24 hours a day, you will make your investment back in about 200 days with a 0.61 profit decline per year.
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September 27, 2013, 02:16:40 AM
 #7

You know you will spend more buying it than you will EVER make back, right?   Undecided

That's bull.. I paid 1.57 Bitcoins for 10 ASIC miners to add to my current rig, and I am making roughly 0.6 bitcoins a month off the asic block erupters alone.  Wouldn't that mean that I receive a return on investment after 3 months?



I don't know where you get this from...  Maybe you're just super lucky?
http://www.bitcoinx.com/profit/
Tells me with 10 ASIC 330 MH/s running 24 hours a day, you will make your investment back in about 200 days with a 0.61 profit decline per year.

That's if the difficulty doesn't go up.  Which it obviously will.
http://bitcoindifficulty.com/

I post for interest - not signature spam.
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monbux
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September 27, 2013, 02:27:45 AM
 #8

You know you will spend more buying it than you will EVER make back, right?   Undecided

That's bull.. I paid 1.57 Bitcoins for 10 ASIC miners to add to my current rig, and I am making roughly 0.6 bitcoins a month off the asic block erupters alone.  Wouldn't that mean that I receive a return on investment after 3 months?



I don't know where you get this from...  Maybe you're just super lucky?
http://www.bitcoinx.com/profit/
Tells me with 10 ASIC 330 MH/s running 24 hours a day, you will make your investment back in about 200 days with a 0.61 profit decline per year.

That's if the difficulty doesn't go up.  Which it obviously will.
http://bitcoindifficulty.com/

That's why it's at a 0.61 profit decrease per year Tongue

But I'll bet it'll be more.
LiquidGamerX
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September 27, 2013, 10:24:11 PM
 #9

Wow.. no I am not lucky,  I'm mining with a pool.  When I use http://www.bitcoinx.com/profit/ it tells me I'll get the same thing.

Anyways, even though the difficulty goes up, no one EVER takes into account the price of BTC.  Don't you notice its steadily going up throughout the years.  Or is this just me being optimistic?
monbux
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September 27, 2013, 10:27:04 PM
 #10

Wow.. no I am not lucky,  I'm mining with a pool.  When I use http://www.bitcoinx.com/profit/ it tells me I'll get the same thing.

Anyways, even though the difficulty goes up, no one EVER takes into account the price of BTC.  Don't you notice its steadily going up throughout the years.  Or is this just me being optimistic?

How is it steadily going up?

I guess you're right, unless you check March, 2013.  It was $30 USD.  Then April, 2013.  It was $260 USD.
See the difference?

BTW, did you pay back your loans yet?
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