Newbie here

[pjcltd]

Hu Guys
long time lurker first time poster so be nice lol

ok i have done a lot of reading on here and i got to say I'm impressed with the help that you all provide each other

now there are 3 of us that have just got into bitcoin mining
and we are having lots of fun doing it
we have the following miners running

12 *  10Ghs blades
1 * BFL 60Ghg SC
so that gives us a total of 180 Ghz of hashing power

all mining to a BTCGuild account and we are getting paid
so its all good.  
we have only bee going just over 2 weeks now and we have a total of 3.85 BTC

whats the best way of getting the chash into out bank accounts
we are all based in the UK

thanks  
Paul

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[pedrog]

You don't need banks!

Here: http://www.cambridge-news.co.uk/Business/Business-News/Use-virtual-currency-Bitcoin-to-buy-a-real-pint-in-Cambridge-pub-20130612060000.htm

[pjcltd]

You don't need banks!

Here: http://www.cambridge-news.co.uk/Business/Business-News/Use-virtual-currency-Bitcoin-to-buy-a-real-pint-in-Cambridge-pub-20130612060000.htm

now that sounds great
if only ASDA etc would take them lol

[saif92]

Have a look at localbitcoins.com - there you can sell and nominate funds going to your bank account.

Also checkout Cex.io for cloud hosted mining at 0.19 per Gh/s

I am interested in this what I have to do please some guide me

[pjcltd]

Have a look at localbitcoins.com - there you can sell and nominate funds going to your bank account.

Also checkout Cex.io for cloud hosted mining at 0.19 per Gh/s

I am interested in this what I have to do please some guide me

i just had a quick look at the link
i see that you Zeek_W get a 1Ghz for me registering on the website
not to bad
something for nothing

[fattypig]

Have a look at localbitcoins.com - there you can sell and nominate funds going to your bank account.

Also checkout Cex.io for cloud hosted mining at 0.19 per Gh/s

I am interested in this what I have to do please some guide me

i just had a quick look at the link
i see that you Zeek_W get a 1Ghz for me registering on the website
not to bad
something for nothing

Well, if you deposit 1 BTC and buy stuff with it then yes, Zeek get 1 GHZ

[tspacepilot]

Welcome and enjoy those btcs.  Sorry I haven't tried to cash out any btc yet so I can't help with the bank question.  Wish I could buy a beer with bitcoin in Seattle.

[nahtnam]

Welcome to the forums! How much did you pay for all your miners, and when do you think you will reach roi?

[Shallow]

Have a look at localbitcoins.com - there you can sell and nominate funds going to your bank account.

Also checkout Cex.io for cloud hosted mining at 0.19 per Gh/s

Stop with the referal links, its annoying.

[kolesozw]

12 *  10Ghs blades
1 * BFL 60Ghg SC
so that gives us a total of 180 Ghz of hashing power

Nice setup. Hopefully you know how difficulty works and why it is inavoidable it will continue to increase so fast in upcomming months

[bitcoindigi]

welcome and good luck with mining, you'll need it

[cyberhacker]

i just can not understand

[claycoins]

welcome, you have a decent bit of hash power.

[xephireusMMX]

whats the best way of getting the chash into out bank accounts
we are all based in the UK

 localbitcoins.com

or you can use

Bitstamp sepa withdrawal

[tautvilis]

Hey and good luck, i prefer using localbitcoins.com

[Gemminyc]

Welcome, nice 180 Gh/s setup. Happy minnng and low difficulty!

[pjcltd]

Hi everyone thanks for all the welcome messages
I'm having fun with all of this
And that's what the 3 of us in it for. The FUN

I see a lot of people asking questions about ROI and them not understanding it

It makes me laugh

[totemITnow]

I see a lot of people asking questions about ROI and them not understanding it

It makes me laugh

And do you believe you reach return of your investment ? 

[pjcltd]

I see a lot of people asking questions about ROI and them not understanding it

It makes me laugh

And do you believe you reach return of your investment ?  

Well that's a good question

If we do bonus

If we don't and we are still able to get the odd btc  here and there that's fine.

All 3 of us only put in what we could afford to lose no more no less
We don't have to pay for electric or air con etc
So I think we might be on to a winner.  Who knows.

[pjcltd]

whats the best way of getting the chash into out bank accounts
we are all based in the UK

 localbitcoins.com

or you can use

Bitstamp sepa withdrawal

How long dose it take to get the money into your bank account?