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Author Topic: How to start making money using my ATI card running programs? XFX ATIHD5770  (Read 2567 times)
alans
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July 25, 2011, 08:16:34 PM
 #41

Here are the fees for the method I'm using...

Pool - Deepbit takes a 3% of the BTC's I generate (proportional).  Other pools charge more or less depending on their method.  So let's say I generate 1BTC using Deepbit.  My reward would be .97 BTC.

Exchange - Tradehill takes a .54% commission when I sell BTC there.  Again, other exchanges offer different commission structures.  If you sign up for tradehill with my referral code I would make 10% of the commissions you pay - TH-R111282.  If I sell my .97 BTC there @$14/BTC I would get $13.58 less their $.073332 commission leaving $13.50668.

Transport - Dwolla takes a $.25 transaction fee when I receive $ from an exchange and another $.25 when I send those funds to my bank account.  Again there are other transport mechanisms available that offer different values and services.  I can't transfer partial cents using dwolla so I'd send my $13.50 to my dwolla account - they take their first transaction fee leaving me $13.25 in my Dwolla account.  I then transfer from my Dwolla to my bank for another $.25 fee meaning the final deposit in my account is $13.00.  Of course if I sold my BTC in 10 packs that same $.25 transaction fee would remain the same so I wouldn't pay quite so much per BTC.

Again, this is just the way I choose to do it.  Whether it's the pool, exchange, transport or whatever other service someone will believe they have a superior solution and it's entirely possible they are right.  This is just the way I've chosen to do it.  I also mine with the eligius pool and have sold on mtgox exchange.  Again, many paths to the same destination, choose the one you're most comfortable with.


 
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djdynamite123
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July 25, 2011, 08:17:31 PM
 #42

Thanx PLaci1982, now i know what to do.

...loading......
tman540
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Join my Mini Mining Pool!


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July 25, 2011, 08:22:28 PM
 #43

Here are the fees for the method I'm using...

Pool - Deepbit takes a 3% of the BTC's I generate (proportional).  Other pools charge more or less depending on their method.  So let's say I generate 1BTC using Deepbit.  My reward would be .97 BTC.

Exchange - Tradehill takes a .54% commission when I sell BTC there.  Again, other exchanges offer different commission structures.  If you sign up for tradehill with my referral code I would make 10% of the commissions you pay - TH-R111282.  If I sell my .97 BTC there @$14/BTC I would get $13.58 less their $.073332 commission leaving $13.50668.

Transport - Dwolla takes a $.25 transaction fee when I receive $ from an exchange and another $.25 when I send those funds to my bank account.  Again there are other transport mechanisms available that offer different values and services.  I can't transfer partial cents using dwolla so I'd send my $13.50 to my dwolla account - they take their first transaction fee leaving me $13.25 in my Dwolla account.  I then transfer from my Dwolla to my bank for another $.25 fee meaning the final deposit in my account is $13.00.  Of course if I sold my BTC in 10 packs that same $.25 transaction fee would remain the same so I wouldn't pay quite so much per BTC.

Again, this is just the way I choose to do it.  Whether it's the pool, exchange, transport or whatever other service someone will believe they have a superior solution and it's entirely possible they are right.  This is just the way I've chosen to do it.  I also mine with the eligius pool and have sold on mtgox exchange.  Again, many paths to the same destination, choose the one you're most comfortable with.


 


exactly why I was suggesting triplemining.com
PLaci1982
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July 25, 2011, 09:12:04 PM
 #44

Thanx PLaci1982, now i know what to do.

I just checked Virwox:

Quote
Note: A handling fee of 1.00 USD per withdrawal will be charged.

Hardware Expert / WinXP, Win7 Expert

1J5oPkyGVdb4mv44KGZQYsHS2ch6e1t4rc
djdynamite123
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November 30, 2011, 10:57:41 PM
 #45

Is deepbit still the best to go with or BTC Guild?

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Gabi
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December 01, 2011, 07:19:32 PM
 #46

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Is deepbit still the best
Eh? When deepbit was "the best"?
djdynamite123
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December 01, 2011, 07:26:57 PM
 #47

well which is best to go with?

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