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Author Topic: FreeBitco.in-$200 FreeBTC🏎Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest  (Read 384078 times)
Holdaaja
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October 12, 2017, 05:33:33 PM
 #3441

https://i.gyazo.com/17aa887ac0dd256a7334cf0708a7a772.png

See that 3000 satoshi that came between 10th and 11th? Any idea where it came from Huh (My id is 2763163)
It was not from free plays, multiply or referrals https://i.gyazo.com/ca7ee5fca0899f7aae73de23b62f568e.png
And even from stats I can see my total freeplay and multiply profit is 0.00035347 so I have no idea where it came from.


It's 2670 satoshi, not 3000. I'm not sure but it may be shared by your referrer.

Rounded it Grin
If it is shared by my referrer can I see that somewhere?
I don't think it is that though because I don't think I even have referrer and even if I had one that would be quite big amount to share, way more than commission I would have made to him.

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October 12, 2017, 08:04:47 PM
 #3442

Has wetsuit said anything about the mining? It has disappeared from the site, but still counts hashes if you have it bookmarked.

Is it gone for good?

It's not gone, we're still working through the beta testing.

We removed the menu option but the URLs are still active. How's your experience been so far?

For some reason it's really exciting to see that I'm actually making money  Grin. OK not the US dollars or the sorts but still. I guess I'm a miner now. Anyway, I wish we could earn a higher mining income but I guess that's normal with all miners.

As with mining with the browser, I dont think there's anything problematic. Sometimes mining stops by itself but I think that's because of my Internet connection. Other than that I'm just worried that my electricity bill will go up this month.

What do you guys think? Do you mine 24/7?

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October 12, 2017, 08:23:14 PM
 #3443

Rounded it Grin
If it is shared by my referrer can I see that somewhere?
I don't think it is that though because I don't think I even have referrer and even if I had one that would be quite big amount to share, way more than commission I would have made to him.

Did you mine? It takes some time to credit to your balance.

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October 12, 2017, 08:23:31 PM
 #3444

Has wetsuit said anything about the mining? It has disappeared from the site, but still counts hashes if you have it bookmarked.

Is it gone for good?

It's not gone, we're still working through the beta testing.

We removed the menu option but the URLs are still active. How's your experience been so far?

For some reason it's really exciting to see that I'm actually making money  Grin. OK not the US dollars or the sorts but still. I guess I'm a miner now. Anyway, I wish we could earn a higher mining income but I guess that's normal with all miners.

As with mining with the browser, I dont think there's anything problematic. Sometimes mining stops by itself but I think that's because of my Internet connection. Other than that I'm just worried that my electricity bill will go up this month.

What do you guys think? Do you mine 24/7?

I don't mine at all because my computer sucks Cheesy
If you have enough hash power you could use MinerGate app and earn about 30% more because freebitcoin uses coinhive and they take 30% fee.
But if you have very low mining speed minimum payment could be problem with it (10XMR if I remember right).

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Holdaaja
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October 12, 2017, 08:25:39 PM
 #3445

Rounded it Grin
If it is shared by my referrer can I see that somewhere?
I don't think it is that though because I don't think I even have referrer and even if I had one that would be quite big amount to share, way more than commission I would have made to him.

Did you mine? It takes some time to credit to your balance.

I did but it was many days before that happened.
And I only mined few hours and my mining balance showed 0 satoshi all that time.

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October 13, 2017, 02:37:10 AM
 #3446

Rounded it Grin
If it is shared by my referrer can I see that somewhere?
I don't think it is that though because I don't think I even have referrer and even if I had one that would be quite big amount to share, way more than commission I would have made to him.

How you could remember that you were not referred by someone there? And you are an old user of freebitco.in(As your user id)
~2670 satoshi(Less then 2670 satoshi. As you have earn some satoshi from free roll also) is not big amount to share by your referrer here. Your referrer get 50% of your claim. I think he might receive more commissions then he shared with you. And there is no way to check this.

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October 13, 2017, 03:11:06 AM
 #3447


Other than that I'm just worried that my electricity bill will go up this month.


This is as well as whether their hardware can handle the stress are things people should want to consider before diving into it. For me it's not worth it at all, just for the electricity costs alone.
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October 13, 2017, 03:32:25 AM
 #3448

This is as well as whether their hardware can handle the stress are things people should want to consider before diving into it. For me it's not worth it at all, just for the electricity costs alone.

I know this comes as a surprise to many people but it turns out that processors are very good at processing without getting stressed out about it. It really is complete nonsense that keeps getting repeated and it's been answered many times already in this and other threads on the subject. It will not harm your computer to mine.

Electricity costs and profitability are going to be different for each user. You really need to download a diagnostic tool to see how much extra electricity the CPU is using by mining and then do the calculations. For most people with relatively new hardware and average electricity costs, this does work out to be profitable.

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October 13, 2017, 05:55:39 AM
 #3449

Ya CPU can usually be stretched out for mining, especially if you have intel i series CPU. They can handle the extra work and heat. But if you are mining on laptop, tabs and mobiles, then you are really shortenig the lives of your devices, as they do not have any heat escape mechanisms.

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October 13, 2017, 07:17:51 AM
 #3450

If you have a modern graphics card (GPU), mining with it can still be profitable unless you have very expensive electricity. But mining with your processor (CPU) is another story. I'm pretty sure that you will mine at a loss when you subtract electricity costs, so unless you have free electricity for some reason, don't bother mining with your CPU. Mining with a JavaScript miner makes it even worse, because it is less efficient than a native miner. You'd better buy bitcoins directly.

Here's a simple calculation to prove it. I tested a few days ago a 4-th gen desktop Intel Core i5 CPU and it earns about 150 sat per hour with the JavaScript miner embedded in FreeBitco. This means that it earns 3600 sat per day or about $0.20 with the current Bitcoin price. A desktop computer whose CPU is running at 100% has a power consumption of at least 100W (60-80W for the CPU and then some Watts for the other components), which translates to 2.4 KW per day. If you pay for electricity $0.10 (which is even considered cheap), you CPU will use electricity for $0.24 per day while earning only $0.20 in Bitcoins. This means you will be mining at a loss. It's better to simply purchase some Bitcoin.
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October 13, 2017, 07:23:42 AM
 #3451

If you have a modern GPU, mining with it can still be profitable unless you have very expensive electricity. But mining with your processor (CPU) is another story. I'm pretty sure that you will mine at a loss when you subtract electricity costs, so unless you have free electricity for some reason, don't bother mining with your CPU. Mining with a JavaScript miner makes it even worse, because it is less efficient than a native miner. You'd better buy bitcoins directly.

Here's a simple calculation to prove it. I tested a few days ago a 4-th gen desktop Intel Core i5 CPU and it earns about 150 sat per hour with the JavaScript miner embedded in FreeBitco. This means that it earns 3600 sat per day or about $0.20 with the current Bitcoin price. A desktop computer whose CPU is running at 100% has a power consumption of at least 100W (60-80W for the CPU and then some Watts for the other components), which translates to 2.4 KW per day. If you pay for electricity $0.10 (which is even considered cheap), you CPU will use electricity for $0.24 per day while earning only $0.2 in Bitcoins. This means you will be mining at a loss. It's better to simply purchase some Bitcoin.

This is really intended for use on a PC that's turned on anyway. Running it at a low % using when working on the PC and then turn it up to 100% when you take a break. I did some testing on an i5 as well and just measuring the extra power used to mine it did just about work out profitable. That was on a 3 or 4 year old processor so it's would be better on something newer.

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October 13, 2017, 08:03:29 AM
 #3452

This is really intended for use on a PC that's turned on anyway.

If the PC is turned on anyway, it makes more sense. Anyways you will have a profit or a loss of a few cents per day at most (depending you your CPU efficiency and your power costs), so if you find mining fun, why not. Just don't expect to become rich mining with your CPU. We missed that train 6-7 years ago Smiley
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October 13, 2017, 09:45:48 AM
 #3453

If you have a modern GPU, mining with it can still be profitable unless you have very expensive electricity. But mining with your processor (CPU) is another story. I'm pretty sure that you will mine at a loss when you subtract electricity costs, so unless you have free electricity for some reason, don't bother mining with your CPU. Mining with a JavaScript miner makes it even worse, because it is less efficient than a native miner. You'd better buy bitcoins directly.

Here's a simple calculation to prove it. I tested a few days ago a 4-th gen desktop Intel Core i5 CPU and it earns about 150 sat per hour with the JavaScript miner embedded in FreeBitco. This means that it earns 3600 sat per day or about $0.20 with the current Bitcoin price. A desktop computer whose CPU is running at 100% has a power consumption of at least 100W (60-80W for the CPU and then some Watts for the other components), which translates to 2.4 KW per day. If you pay for electricity $0.10 (which is even considered cheap), you CPU will use electricity for $0.24 per day while earning only $0.2 in Bitcoins. This means you will be mining at a loss. It's better to simply purchase some Bitcoin.

This is really intended for use on a PC that's turned on anyway. Running it at a low % using when working on the PC and then turn it up to 100% when you take a break. I did some testing on an i5 as well and just measuring the extra power used to mine it did just about work out profitable. That was on a 3 or 4 year old processor so it's would be better on something newer.


Thank you guys. I know this has been discussed before but great to know how it fares up specifically with FreeBitco.in mining.

On the non-technical side, I really like how much quicker my sats add up in my account. For me right now purchasing Bitcoins is not an option. I'm giving it about a week trial and if I think I can't handle the electricity bill I might have to stop. Which is quite sad since I like the idea that my computer is generating coins  Grin

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October 13, 2017, 11:19:38 AM
 #3454

Rounded it Grin
If it is shared by my referrer can I see that somewhere?
I don't think it is that though because I don't think I even have referrer and even if I had one that would be quite big amount to share, way more than commission I would have made to him.

How you could remember that you were not referred by someone there? And you are an old user of freebitco.in(As your user id)
~2670 satoshi(Less then 2670 satoshi. As you have earn some satoshi from free roll also) is not big amount to share by your referrer here. Your referrer get 50% of your claim. I think he might receive more commissions then he shared with you. And there is no way to check this.

Guess I have generous referrer then, great!

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October 13, 2017, 03:13:27 PM
 #3455


Thanks, I plan to try and get some ballpark data on it, but I'll have to shut down the browser miners and wait for stats to sync for awhile, and that's not something I want to do right now. I've got several running and might as well wait until a prime stopping point when I can shut them all down together and then let the stats sync up. Then I'll get data points from a couple concurrent browser miners at the same time that will have different hash rates.

Looking forward to seeing this if you get it to work, I've been running mining a lot but have wondered how it compares.

So I've run two sessions, a very brief session and a days-long session, and here is the data I've recorded:

Short session: 50,036 hashes, 12 satoshi in earnings; 0.24 satoshi / 1k hashes (240 satoshi / 1M hashes)
Long session: ~6,440,000 hashes, 1572 satoshi in earnings; 0.24 satoshi / 1k hashes (244 satoshi / 1M hashes)

Now I only have two data points, but it's interesting to me that the rate has held pretty constant. I would set my baseline expectation to be 240 sats per million hashes, with the knowledge that variance for price and conversion are likely.

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October 13, 2017, 03:22:30 PM
 #3456

So I've run two sessions, a very brief session and a days-long session, and here is the data I've recorded:

Short session: 50,036 hashes, 12 satoshi in earnings; 0.24 satoshi / 1k hashes (240 satoshi / 1M hashes)
Long session: ~6,440,000 hashes, 1572 satoshi in earnings; 0.24 satoshi / 1k hashes (244 satoshi / 1M hashes)

Now I only have two data points, but it's interesting to me that the rate has held pretty constant. I would set my baseline expectation to be 240 sats per million hashes, with the knowledge that variance for price and conversion are likely.

Awesome! Thanks for doing this, I know a lot of people have been looking for data for a while

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October 13, 2017, 03:34:51 PM
 #3457


Thanks, I plan to try and get some ballpark data on it, but I'll have to shut down the browser miners and wait for stats to sync for awhile, and that's not something I want to do right now. I've got several running and might as well wait until a prime stopping point when I can shut them all down together and then let the stats sync up. Then I'll get data points from a couple concurrent browser miners at the same time that will have different hash rates.

Looking forward to seeing this if you get it to work, I've been running mining a lot but have wondered how it compares.

So I've run two sessions, a very brief session and a days-long session, and here is the data I've recorded:

Short session: 50,036 hashes, 12 satoshi in earnings; 0.24 satoshi / 1k hashes (240 satoshi / 1M hashes)
Long session: ~6,440,000 hashes, 1572 satoshi in earnings; 0.24 satoshi / 1k hashes (244 satoshi / 1M hashes)

Now I only have two data points, but it's interesting to me that the rate has held pretty constant. I would set my baseline expectation to be 240 sats per million hashes, with the knowledge that variance for price and conversion are likely.

very interesting!
ive been running the bitcoin miner on coinpot (on the medium setting) for a while and from my rough calculations i think they pay somewhere between 300-350 satoshi per 1M hashes.
but is does seem to vary a little (by maybe +/- 10%) day to day - maybe related to price and total network hash rate?
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October 13, 2017, 06:02:40 PM
 #3458


Thanks, I plan to try and get some ballpark data on it, but I'll have to shut down the browser miners and wait for stats to sync for awhile, and that's not something I want to do right now. I've got several running and might as well wait until a prime stopping point when I can shut them all down together and then let the stats sync up. Then I'll get data points from a couple concurrent browser miners at the same time that will have different hash rates.

Looking forward to seeing this if you get it to work, I've been running mining a lot but have wondered how it compares.

So I've run two sessions, a very brief session and a days-long session, and here is the data I've recorded:

Short session: 50,036 hashes, 12 satoshi in earnings; 0.24 satoshi / 1k hashes (240 satoshi / 1M hashes)
Long session: ~6,440,000 hashes, 1572 satoshi in earnings; 0.24 satoshi / 1k hashes (244 satoshi / 1M hashes)

Now I only have two data points, but it's interesting to me that the rate has held pretty constant. I would set my baseline expectation to be 240 sats per million hashes, with the knowledge that variance for price and conversion are likely.

very interesting!
ive been running the bitcoin miner on coinpot (on the medium setting) for a while and from my rough calculations i think they pay somewhere between 300-350 satoshi per 1M hashes.
but is does seem to vary a little (by maybe +/- 10%) day to day - maybe related to price and total network hash rate?

Yeah, there could be a lot of factors influencing the payouts: the particular monero pool's payout rate (income generated minus fees), the payout rate of whoever hosts the browser hashing software (wetsuit in this case- I'm assuming he takes a cut of the proceeds from our mining efforts for including it as an option on this site, which I'm fine with), luck in the pool (that is, how quickly your hashes help solve blocks above the average, which generates into higher revenue per hash), and conversion rate from monero to btc.

All of those factors will affect the sat / hash rate you experience on this website, and that's just off the top of my head. There's likely more factors. So really, the only way to get a good indication of the payout rate is through many data points, and then you can make reasonable comparisons with anyone else providing similar services if you're hunting for efficiency. Unless someone is really blowing this site out of the water in terms of efficiency, I'll prolly stick here, because wetsuit has always proven a stand-up guy who's built up a lot of goodwill.

Myfe
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October 13, 2017, 09:04:50 PM
 #3459

Yo, yo, ma...we're creeping up on a HUGE Rewards Points bonus weekend >>>>> 3x Rewards Points starts tonight!

For the entire weekend, we'll pay you 6 Rewards Points for a free roll, 3 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 3 Rewards Points for a referral roll!

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StelioKontos
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October 13, 2017, 09:17:27 PM
 #3460

Yo, yo, ma...we're creeping up on a HUGE Rewards Points bonus weekend >>>>> 3x Rewards Points starts tonight!

For the entire weekend, we'll pay you 6 Rewards Points for a free roll, 3 Rewards Points for a multiply roll activity exceeding 1500 satoshi, and 3 Rewards Points for a referral roll!

Follow us on Twitter to get more announcements of great promotions > https://twitter.com/freebitco

Yoooooo amazing!!!

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Errrhm, I've been without the captcha for quite long time - my balance is over 30'000 satoshis - and now it's back?  Shocked Is it permanent?  Cry

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