thew3apon
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November 01, 2013, 03:35:52 PM |
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At first it was about profit. But later became for fun and education purposes.
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Korporal
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November 03, 2013, 11:11:27 AM |
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Mining helps motivate me to build an energy neutral computer system that could potentially generate revenue. (So I guess its a hobby. ) I have a large used tractor battery (heavy as all hell), solar panels, inverters and now I'm trying to build a low watt mining rig with wifi (the rig is in an out building). I'm checking out the Rasberry Pi units atm...
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Puppet
Legendary
Offline
Activity: 980
Merit: 1040
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November 03, 2013, 11:28:18 AM |
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Stopped mining when it was time to sell my GPU farm. Never got in to asic mining because it was predictable it couldnt be profitable (on average) for miners. May get in to mining again once the current storm has passed and mining becomes a razor thin margin but somewhat predictable venture again. Probably 6-9 months from here.
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madcratebuilder
Member
Offline
Activity: 70
Merit: 10
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November 03, 2013, 01:19:25 PM |
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I love mysterious looking electronic devices with blinky lights. I guess that falls under fun.
Me too, plus it keeps my office nice and toasty.
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Golph
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November 03, 2013, 01:51:12 PM |
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For Bitcoin duhhhh and for profit
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torry28
Legendary
Offline
Activity: 1680
Merit: 1001
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November 03, 2013, 01:55:38 PM |
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Nice pool, I dont mine and will never start.
The hashing units just cost too much
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beegatewood
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November 03, 2013, 02:59:53 PM |
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For profit, but looks like the more people aiming for the profit, the worse it is....
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ScryptAsic
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November 04, 2013, 01:40:26 AM |
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Well, bought 1 USB erupter just for education purposes. Not going to ROI i know
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SquallLeonhart
Legendary
Offline
Activity: 2478
Merit: 1102
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November 04, 2013, 02:20:07 PM |
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For the heat , and its pretty addicting once you start mining..
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cassimares
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November 04, 2013, 03:12:52 PM |
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Profit, I don't believe people spend few K and not want to profit?
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Moogle
Full Member
Offline
Activity: 238
Merit: 100
KUPO!
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November 04, 2013, 08:31:58 PM |
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For profit! Turned out mining wasn't the way to go about it :-P Would have made a dew quid by now I'd I hadn't been scammed outta 8btx when they were at $130 :-(
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cassimares
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November 05, 2013, 12:32:49 AM |
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For profit! Turned out mining wasn't the way to go about it :-P Would have made a dew quid by now I'd I hadn't been scammed outta 8btx when they were at $130 :-(
Haha, same here, never knew mining would have been like this....
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jzcjca00
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November 05, 2013, 12:51:58 AM |
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My calculations tell me I can make more money selling my BFL SC Single on eBay than by mining, but I just can't bear the thought of parting with it! So I guess my real motivation must be for the fun of it. I love being a Bitcoin miner!
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Tips much appreciated! 1PPJHDawPvjh6MEzsvXrMYLgpLmyAaNXUc
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brioche
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November 05, 2013, 11:04:19 PM |
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Mostly I mine because around here the best I can get is part-time work at some piddly 7.25hr, mining offers a significant boost to my income.
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\ \ \ \\\\\\\\\\\\\\\\◥◣◢◤//////////////// / / / ❖ North Carolina ❖ First in Flight ❖ / / / ////////////////◢◤◥◣\\\\\\\\\\\\\\\\ \ \ \
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MassDivide
Newbie
Offline
Activity: 27
Merit: 0
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November 06, 2013, 09:47:04 PM |
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Trying to buy a new car and fund my games I'm designing.
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TheDragonSlayer
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November 08, 2013, 02:24:45 PM |
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Profit, mining is suppose to boost my income and not reduce.... Since now the Bitcoin price is increasing I have a better time break-even since I paid in USD....
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aminorex
Legendary
Offline
Activity: 1596
Merit: 1030
Sine secretum non libertas
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November 08, 2013, 08:15:35 PM |
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To extract maximum value from sunk costs.
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Give a man a fish and he eats for a day. Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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lightfoot
Legendary
Offline
Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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November 08, 2013, 08:18:07 PM |
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It's a hobby that is paying for itself. I've made back my purchase price on my Jally, I got to overclock it and pay that off, now I'm going to toss another pair of chips into it and see what happens. Best case I pay off my investment on my Aoyue air tools.
If it fails, no big loss.
C
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AvalonMiner
Member
Offline
Activity: 84
Merit: 10
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November 10, 2013, 06:36:35 PM |
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I had block erupters before my avalon. They are absolutely useless, dont bother with them
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lightfoot
Legendary
Offline
Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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November 11, 2013, 01:11:26 AM |
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Indeed, 300mh is pretty much useless. Right now I'm turbo-boosting my Jalapeno from 5gh to 24gh for about $125. Should be able to double my money on it, but that's about it.
C
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