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Author Topic: FreeBitco.in - Contest with $30,000 in GUARANTEED PRIZES now live!  (Read 307045 times)
garytheasshole
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October 24, 2017, 08:43:20 AM
 #3661


Thank you for your prompt response! But I thinks there is a small misunderstanding Cheesy
I mean how much BTC I get for how much hashes mined be me?
For example: if 1000 hashes mined - 1 btc; if 10000 hashes - 10 btc etc.  (in other words I want to know the rewards for mined hashes)

Can I check such info somwhere??

It's not a set amount earned, but I think someone found that overnight mining at like 80% gave 200 satoshi? I could be wrong but it's a few pages back in this thread somewhere...

hmm, i think it should not depend on percentage of power and on time.. I thinks it depends on "hashes solved".
Can admins reveal the amount earned for hashes?

Or anybody else made any investigations?

0.000145 XMR per 1M hashes or at today's XRM rate 0.0000022 BTC per 1 million hashes.


Thanks! Is it your investigation? Or what's the source of your numbers?
coin-hive.info and wetsuit's word that all mining profits go to users.

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Vulcan32
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October 24, 2017, 09:52:00 AM
 #3662

I tested mining a few days ago and 500 000 hashes earned me 114 satoshis, so 1 million hashes should result in about 230 satoshis. However please note that this number may vary a lot from day to day depending on the value of Bitcoin and Monero. You will earn more satoshis when Monero's price increases in respect to Bitcoin and vice versa.
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October 24, 2017, 09:54:08 AM
 #3663

BTG fork is done as the 491,407 block has been mined: bit(.)ly/BTGFork

Looking forward for the FreeBitco.in statement on getting our coins. Or, even better, on converting them to BTC as in BCC scenario :].
skripsup
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October 24, 2017, 10:02:34 AM
 #3664

I tested mining a few days ago and 500 000 hashes earned me 114 satoshis, so 1 million hashes should result in about 230 satoshis. However please note that this number may vary a lot from day to day depending on the value of Bitcoin and Monero. You will earn more satoshis when Monero's price increases in respect to Bitcoin and vice versa.

Hmm. Can you please explain me how does monero is connected with BTC? How they influence on each other?
garytheasshole
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October 24, 2017, 10:03:34 AM
 #3665

I tested mining a few days ago and 500 000 hashes earned me 114 satoshis, so 1 million hashes should result in about 230 satoshis. However please note that this number may vary a lot from day to day depending on the value of Bitcoin and Monero. You will earn more satoshis when Monero's price increases in respect to Bitcoin and vice versa.

Hmm. Can you please explain me how does monero is connected with BTC? How they influence on each other?
They get traded on exchanges.

bitcoin_collector
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October 24, 2017, 10:08:51 AM
 #3666

[...]
That would be an excellent workaround, but I prefer using the +100 RP bonus the next day to stay on the loop and get back to the 1000% asap Grin

Indeed, and if you play more than 12 times a day, you should always target the "100RP" bonus even before the "1000% free btc". Only activate the "1000% free btc" bonus when you can have both at the same time (ie: at 4400 reward points).

https://bitcoin-collector.com/
garytheasshole
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October 24, 2017, 10:25:18 AM
 #3667

[...]
That would be an excellent workaround, but I prefer using the +100 RP bonus the next day to stay on the loop and get back to the 1000% asap Grin

Indeed, and if you play more than 12 times a day, you should always target the "100RP" bonus even before the "1000% free btc". Only activate the "1000% free btc" bonus when you can have both at the same time (ie: at 4400 reward points).

Question is would you get more BTC by redeeming +100k RPs or "wasting" the RPs for 1000% bonus.

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October 24, 2017, 10:50:46 AM
 #3668

[...]
That would be an excellent workaround, but I prefer using the +100 RP bonus the next day to stay on the loop and get back to the 1000% asap Grin

Indeed, and if you play more than 12 times a day, you should always target the "100RP" bonus even before the "1000% free btc". Only activate the "1000% free btc" bonus when you can have both at the same time (ie: at 4400 reward points).

Question is would you get more BTC by redeeming +100k RPs or "wasting" the RPs for 1000% bonus.
Using 1000% bonuses will give more BTC in the end than waiting to sell 100k RP (see my website for testing scenarios, link in profile)

https://bitcoin-collector.com/
Vulcan32
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October 24, 2017, 11:50:17 AM
 #3669

I tested mining a few days ago and 500 000 hashes earned me 114 satoshis, so 1 million hashes should result in about 230 satoshis. However please note that this number may vary a lot from day to day depending on the value of Bitcoin and Monero. You will earn more satoshis when Monero's price increases in respect to Bitcoin and vice versa.

Hmm. Can you please explain me how does monero is connected with BTC? How they influence on each other?

The miner FreeBitco is using mines Monero, not Bitcoin. FreeBitco then sells the mined Monero for Bitcoin and pays you in BTC. That is why when the price of Monero rises in respect to Bicoin, you will receive more satoshis for your mining.

Here's an example:
Case 1: Monero's price is $100, BTC's is $5000, so you earn 0.02 BTC (2 mln satoshis) for each mined Monero
Case 2: Monero rises to $200 and BTC drops to $4000. You now earn 0.05 BTC (5 mln satoshis) for each mined Monero
Case 3: Monero drops to 60$ and BTC rised to $6000. In this case you earn 0.01 BTC (or 1 mln satoshis) for each mined Monero

As you can see from the example above the exchange rate of Monero to Bitcoin can greatly influence earnings from mining.
Babis19944
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October 24, 2017, 01:32:35 PM
 #3670

I left my work pc mining during the weekend from friday evening until Monday morning and it earned 5265 shatoshis.
skripsup
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October 24, 2017, 01:45:22 PM
 #3671

Quote
The miner FreeBitco is using mines Monero, not Bitcoin. FreeBitco then sells the mined Monero for Bitcoin and pays you in BTC. That is why when the price of Monero rises in respect to Bicoin, you will receive more satoshis for your mining.

Here's an example:
Case 1: Monero's price is $100, BTC's is $5000, so you earn 0.02 BTC (2 mln satoshis) for each mined Monero
Case 2: Monero rises to $200 and BTC drops to $4000. You now earn 0.05 BTC (5 mln satoshis) for each mined Monero
Case 3: Monero drops to 60$ and BTC rised to $6000. In this case you earn 0.01 BTC (or 1 mln satoshis) for each mined Monero

As you can see from the example above the exchange rate of Monero to Bitcoin can greatly influence earnings from mining.

Thank you for explanation!

Quote
I left my work pc mining during the weekend from friday evening until Monday morning and it earned 5265 shatoshis.

Be careful, dont burn it.
Is mining working in sleep mode? Or you left your computer all turned on for that days?
I hope your boss will not punish you because of mining. Or does he know about it? Anyway, be careful
garytheasshole
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October 24, 2017, 01:48:48 PM
 #3672

You wont burn your CPU mining monero, it's a slow algo and doesn't waste too much power, I use fanless minipcs to coin-hive on freebitco.in and they've never overheated.

Babis19944
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October 24, 2017, 02:01:51 PM
 #3673

Quote
The miner FreeBitco is using mines Monero, not Bitcoin. FreeBitco then sells the mined Monero for Bitcoin and pays you in BTC. That is why when the price of Monero rises in respect to Bicoin, you will receive more satoshis for your mining.

Here's an example:
Case 1: Monero's price is $100, BTC's is $5000, so you earn 0.02 BTC (2 mln satoshis) for each mined Monero
Case 2: Monero rises to $200 and BTC drops to $4000. You now earn 0.05 BTC (5 mln satoshis) for each mined Monero
Case 3: Monero drops to 60$ and BTC rised to $6000. In this case you earn 0.01 BTC (or 1 mln satoshis) for each mined Monero

As you can see from the example above the exchange rate of Monero to Bitcoin can greatly influence earnings from mining.

Thank you for explanation!

Quote
I left my work pc mining during the weekend from friday evening until Monday morning and it earned 5265 shatoshis.

Be careful, dont burn it.
Is mining working in sleep mode? Or you left your computer all turned on for that days?
I hope your boss will not punish you because of mining. Or does he know about it? Anyway, be careful

It doesnt even slow down that pc so there is no problem. We have to leave the computers ON all the time so he has no problem with it Tongue
skripsup
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October 24, 2017, 02:28:58 PM
 #3674

You wont burn your CPU mining monero, it's a slow algo and doesn't waste too much power, I use fanless minipcs to coin-hive on freebitco.in and they've never overheated.

And what about the laptop? I have a macbook pro (2010 or 2011 edition). It becomes hot and becomes very noisy when mining is 50% or more.
So I try not to mine on it.. Several years ago it was burnt, now I'm trying not to overheat it
garytheasshole
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October 24, 2017, 02:30:27 PM
 #3675

You wont burn your CPU mining monero, it's a slow algo and doesn't waste too much power, I use fanless minipcs to coin-hive on freebitco.in and they've never overheated.

And what about the laptop? I have a macbook pro (2010 or 2011 edition). It becomes hot and becomes very noisy when mining is 50% or more.
So I try not to mine on it.. Several years ago it was burnt, now I'm trying not to overheat it
Sounds like it has airflow issues, should get it cleaned.

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October 24, 2017, 02:55:29 PM
 #3676

You wont burn your CPU mining monero, it's a slow algo and doesn't waste too much power, I use fanless minipcs to coin-hive on freebitco.in and they've never overheated.

And what about the laptop? I have a macbook pro (2010 or 2011 edition). It becomes hot and becomes very noisy when mining is 50% or more.
So I try not to mine on it.. Several years ago it was burnt, now I'm trying not to overheat it
Sounds like it has airflow issues, should get it cleaned.

Probably you are right, I did not cleaned it for a long period of time.
I also have another laptop. It's much more powerful. Hp Envy, but it was also broken.. It overheated several month ago and I left it at laptop repairing service now, they are changing the cooler, because it was burnt..

I think I will buy another cooling solution for this. THere is a thing that you can put under the laptop (cooler),laptop cooler or something like that. And only in case if I buy it - I will mine from hp..
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October 24, 2017, 08:42:07 PM
 #3677

BTG fork is done as the 491,407 block has been mined: bit(.)ly/BTGFork

Looking forward for the FreeBitco.in statement on getting our coins. Or, even better, on converting them to BTC as in BCC scenario :].

Yes indeed! Stay tuned for more details.


The miner FreeBitco is using mines Monero, not Bitcoin. FreeBitco then sells the mined Monero for Bitcoin and pays you in BTC. That is why when the price of Monero rises in respect to Bicoin, you will receive more satoshis for your mining.

This is correct.

I left my work pc mining during the weekend from friday evening until Monday morning and it earned 5265 shatoshis.

Be careful with that move, shit like that can get you fired!

CoreySteel
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October 25, 2017, 12:44:39 AM
 #3678

Hmm. I was thinking about such thing : if someone registered on freebitco (for example 2-3 years ago) and now he doesn't use it and even forgot about it and changed email and so on.. and if he wins a lottery! What would happen? This money just will be on his account forever??
Don't suggest variants like : he will get notification on email. phone etc. I just want to know what would happen in the case when he will never log in into his account.
hmm..

This is pretty much me. I have a +4 year old account with probably around 100 referrals, but I can't access it because I don't know the login Smiley (btc address)
And I didn't put the email in when I registered. I even know my ID, would even guess password in a few tries I'm sure, but that doesn't help me much.
I *might* have this info on my old PC, but I just tried turning it on few days ago and BIOS doesn't recognize HDD so windows do not load.

¯\_(ツ)_/¯
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October 25, 2017, 07:59:12 AM
 #3679

Hmm. I was thinking about such thing : if someone registered on freebitco (for example 2-3 years ago) and now he doesn't use it and even forgot about it and changed email and so on.. and if he wins a lottery! What would happen? This money just will be on his account forever??
Don't suggest variants like : he will get notification on email. phone etc. I just want to know what would happen in the case when he will never log in into his account.
hmm..

This is pretty much me. I have a +4 year old account with probably around 100 referrals, but I can't access it because I don't know the login Smiley (btc address)
And I didn't put the email in when I registered. I even know my ID, would even guess password in a few tries I'm sure, but that doesn't help me much.
I *might* have this info on my old PC, but I just tried turning it on few days ago and BIOS doesn't recognize HDD so windows do not load.

¯\_(ツ)_/¯

I have old account with a lot referrals too, I remember my btc address and id number too but no password Cry
I don't remember how many referrals exactly but definitely some and possibly several hundreds, it is one of the first 25000 accounts so it may have so much money on it now.

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October 25, 2017, 08:05:07 AM
 #3680

I have old account with a lot referrals too, I remember my btc address and id number too but no password Cry
I don't remember how many referrals exactly but definitely some and possibly several hundreds, it is one of the first 25000 accounts so it may have so much money on it now.

If you still have the private key to that address you could prove ownership by signing a message. It might be worth sending a PM to Myfe and/or Wetsuit and seeing if you could get the account back. I don't know if they would do that but I can't see why they wouldn't.


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