rdyoung
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Activity: 994
Merit: 1000
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February 08, 2014, 08:29:46 PM |
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Why not mix mine? Will this mine only mine Bitcoin, or will/could they also mine the other SHA256 altcoins?
Only btc. why? Why not? They could mergemine and sell off the coins for extra profit. Its an extra 2-3% depending on exchange rates. |
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larem
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February 08, 2014, 08:31:25 PM |
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Why not mix mine? Will this mine only mine Bitcoin, or will/could they also mine the other SHA256 altcoins?
Only btc. why? Why not? They could mergemine and sell off the coins for extra profit. Its an extra 2-3% depending on exchange rates. This. And it fluctuates depending on the prices of the other coins. So there's a chance it could be more. |
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Elvis Trout
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Activity: 116
Merit: 10
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February 08, 2014, 08:52:39 PM |
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Why not mix mine? Will this mine only mine Bitcoin, or will/could they also mine the other SHA256 altcoins?
Only btc. why? Why not? They could mergemine and sell off the coins for extra profit. Its an extra 2-3% depending on exchange rates. This. And it fluctuates depending on the prices of the other coins. So there's a chance it could be more. Yea I don't understand why you wouldn't do that, are there any downsides to it? |
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larem
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February 08, 2014, 09:44:18 PM |
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Why not mix mine? Will this mine only mine Bitcoin, or will/could they also mine the other SHA256 altcoins?
Only btc. why? Why not? They could mergemine and sell off the coins for extra profit. Its an extra 2-3% depending on exchange rates. This. And it fluctuates depending on the prices of the other coins. So there's a chance it could be more. Yea I don't understand why you wouldn't do that, are there any downsides to it? Nope. Bitparking (I don't know if they're still up/working) allowed merged mining of like 5 coins. I guess some people just don't want to set it up for solo mining, and aren't mining on pools or something. I have the feeling most pools do merged mining but just reward the Bitcoin portions and keep the rest. |
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rdyoung
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Activity: 994
Merit: 1000
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February 08, 2014, 11:11:09 PM |
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Even better, they could merge mine and use those funds for reinvestment purposes. Even a few % points adds up and would help us keep up with difficulty
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larem
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February 08, 2014, 11:14:30 PM |
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Even better, they could merge mine and use those funds for reinvestment purposes. Even a few % points adds up and would help us keep up with difficulty
Very true. Anything is better than letting it go. My base assumption, though, would be that it's being skimmed unless otherwise specified. |
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adamstgBit
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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February 09, 2014, 01:41:40 AM |
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why isn't this mine paying out? what's taking so long?
i dont mean to be rude, but... its taking an awfully long time.
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nwfella
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Activity: 1582
Merit: 1000
Well hello there!
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February 09, 2014, 01:42:50 AM |
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Even better, they could merge mine and use those funds for reinvestment purposes. Even a few % points adds up and would help us keep up with difficulty
+1, now we are on the right track. If cryptx merged mined DVC, NMC, and IXC alongside with BTC, 100% re-investment of that portion of funds should be directed entirely into new hardware imho. |
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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rdyoung
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Activity: 994
Merit: 1000
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February 09, 2014, 02:02:28 AM |
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why isn't this mine paying out? what's taking so long?
i dont mean to be rude, but... its taking an awfully long time.
First off, do you own shares in peta? I don't mean to be rude, but I refuse to trollbait. Cryptx ordered their hardware from cointerra and bitmine, both had serious delays in production. Both have started shipping, and they will be picking up the hardware from bitmine directly to save on shipping time. There is no reason IMO that they can't be hashing in the next 2 weeks. |
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rdyoung
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Activity: 994
Merit: 1000
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February 09, 2014, 02:04:48 AM |
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Even better, they could merge mine and use those funds for reinvestment purposes. Even a few % points adds up and would help us keep up with difficulty
+1, now we are on the right track. If cryptx merged mined DVC, NMC, and IXC alongside with BTC, 100% re-investment of that portion of funds should be directed entirely into new hardware imho. When the mine is operational, maybe we can get cryptx to weigh in on this and maybe put it up for vote. |
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currencydebt
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Activity: 63
Merit: 0
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February 09, 2014, 07:29:10 AM |
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So, does anyone got an idea on what the "middle of the month" date will be for the 3.45 increase threshold? Also, if peta mine exceeds this date and still does not start up will there be another 20% increase and will any of you wait any longer or sell off? (Thoughts/opinions Accepted)
It was the 15th of last month, but when it was annouced it was obvious that nothing was imminent |
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Foebar
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February 09, 2014, 08:02:47 AM |
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So, does anyone got an idea on what the "middle of the month" date will be for the 3.45 increase threshold? Also, if peta mine exceeds this date and still does not start up will there be another 20% increase and will any of you wait any longer or sell off? (Thoughts/opinions Accepted)
It was the 15th of last month, but when it was annouced it was obvious that nothing was imminent Following the contract the new increase should occur at Feb 15th, and I don't expect them to be in full mode by then |
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cesmak
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Activity: 1050
Merit: 1009
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February 09, 2014, 10:45:02 AM |
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I hope too that the company will start mining as soon as they can... cross fingers.....  |
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cesmak
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Activity: 1050
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February 09, 2014, 07:07:47 PM |
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Wayne_Chang
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February 10, 2014, 01:45:59 AM |
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Another week started. Will we get any good news this week?
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EdoBcn
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February 10, 2014, 03:33:29 PM |
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Another week started. Will we get any good news this week?
will we get any news? (10 days passed... Cryptix should be updatong us... maybe) |
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mmitech
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Activity: 1148
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things you own end up owning you
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February 10, 2014, 04:47:04 PM |
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Cryptx any news would be really appreciated.
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reddituser123
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Activity: 14
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February 10, 2014, 05:10:47 PM |
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appreciated isn't a word i'd use. as an investor i demand to be updated atleast once a week, especially in times of trouble.
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rdyoung
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Activity: 994
Merit: 1000
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February 10, 2014, 05:18:21 PM |
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appreciated isn't a word i'd use. as an investor i demand to be updated atleast once a week, especially in times of trouble.
Some of us use the word appreciate because we are being civil and understand that cryptx is likely busy still readying the datacenter for future installations of hardware. As far as we know there are no times of trouble currently, both bitmine and cointerra had issues and delays, both have since ramped up production and have started shipping. Considering we know where their first batch of hardware is coming from we can keep an eye out for updates from those suppliers ourselves, instead of demanding that cryptx feed us information that is freely available or not available at all. |
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