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SeanArce
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December 05, 2013, 08:21:21 PM |
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Is solo mining worth it?
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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letta
Newbie
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Activity: 17
Merit: 0
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December 05, 2013, 08:27:20 PM |
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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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December 05, 2013, 09:01:46 PM |
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Here's the final logo. Just a clean, updated version of the original. Should please everybody.   |
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Chris180Z
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December 05, 2013, 09:15:51 PM |
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New logo looks good. Mining seems really slow. Mined all last night and only got 4 coins  . I only have 50 coins at the moment. Did the difficulty just take a super-jump or is it my computer/pool? |
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zavtra
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December 05, 2013, 09:24:51 PM |
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New logo looks good. Mining seems really slow. Mined all last night and only got 4 coins . I only have 50 coins at the moment. Did the difficulty just take a super-jump or is it my computer/pool? Current difficulty I'm seeing is 13. Earlier today it was 11. A few days ago it was only 2.5. It's in high demand. |
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Catswold
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December 05, 2013, 09:45:09 PM
Last edit: December 05, 2013, 09:55:36 PM by Catswold |
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New logo looks good. Mining seems really slow. Mined all last night and only got 4 coins . I only have 50 coins at the moment. Did the difficulty just take a super-jump or is it my computer/pool? The difficulty is soaring as more and more people mine the coin. The rate has gone as high as over 3 GH/s. Just a week ago, it was lucky to be pushing 35 MH/s, now both of the pools I'm in (coin-base.org and SBC cryptocult) have a hash rate over 50 MH/s. Really sucks for us small time miners, but it's good for the value of the coins we do mine. My rate has dropped from ~630 to ~ 450 KH/s over the past 2 days (that's what the pool sees, computer still says 650 KH/s). ************************ On another note: I LOVE THE NEW LOGO!!!! " CUT! PRINT!" |
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GröBkAz
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December 05, 2013, 09:51:20 PM |
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What price did you guys expect for 1 SBC at the end of the month? Is 2$ realistic?
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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December 05, 2013, 09:53:49 PM |
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Anywhere from $2-$5 is well within the realm of possibility. It's only been a week and we've already touched $0.70
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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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December 05, 2013, 10:03:31 PM |
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New logo looks good. Mining seems really slow. Mined all last night and only got 4 coins . I only have 50 coins at the moment. Did the difficulty just take a super-jump or is it my computer/pool? The difficulty is soaring as more and more people mine the coin. The rate has gone as high as over 3 GH/s. Just a week ago, it was lucky to be pushing 35 MH/s, now both of the pools I'm in (coin-base.org and SBC cryptocult) have a hash rate over 50 MH/s. Really sucks for us small time miners, but it's good for the value of the coins we do mine. My rate has dropped from ~630 to ~ 450 KH/s over the past 2 days (that's what the pool sees, computer still says 650 KH/s). ************************ On another note: I LOVE THE NEW LOGO!!!! " CUT! PRINT!" Hey you were very lucky enough to get in early when the hash rate was low, that's better luck than all the new people joining in now |
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Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
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December 05, 2013, 10:07:32 PM |
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Way too many weak hands selling.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Cygnify
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December 05, 2013, 10:08:42 PM |
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Way too many weak hands selling.
In the long run, that's a good thing. |
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GröBkAz
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December 05, 2013, 10:09:51 PM |
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Way too many weak hands selling.
In the long run, that's a good thing. how do you mean? why? |
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Chris180Z
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December 05, 2013, 10:25:44 PM |
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Way too many weak hands selling.
In the long run, that's a good thing. how do you mean? why? When people sell, the prices go down and people like me buy it up for cheap, then the prices go up again . If it takes a sharp dip (if someone dumps a lot) then that's the time to buy. They are just temporary dips. |
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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December 05, 2013, 10:31:04 PM |
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Just to give you guys an idea about the amount of interest in SBC, here's my traffic stats from yesterday.  |
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Bulbasaur
Newbie
Offline
Activity: 13
Merit: 0
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December 05, 2013, 10:40:19 PM |
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This news of China seems potentially disastrous for all cryptocurrencies. Doesn't this effectively close the door on newcomers to the Chinese market, other than through in-person trading?
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Hazard
Legendary
Offline
Activity: 980
Merit: 1000
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December 05, 2013, 10:45:20 PM |
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There's a lot of misconception about that. The actual notice is not nearly as bad as some are making it out to be. It legalizes buying/selling bitcoin in China for everyone except banks under the condition that it's not presented as official Chinese currency, and imposes some AML/KYC stuff to prevent money laundering. Banks have no business investing people's money into bitcoin anyway. It's too risky.
I personally think it's a good thing. The state controlled media has been pumping the hell out of bitcoin for the past month now. If anything, this is a step towards legitimizing it.
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zavtra
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December 05, 2013, 10:49:23 PM |
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This news of China seems potentially disastrous for all cryptocurrencies. Doesn't this effectively close the door on newcomers to the Chinese market, other than through in-person trading?
It made it illegal to deposit Bitcoin directly into the bank. That means they have to use exchanges just like we do. |
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Bulbasaur
Newbie
Offline
Activity: 13
Merit: 0
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December 05, 2013, 10:57:17 PM |
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Thanks, I completely misunderstood then. I thought it meant that the banks would no longer honor attempts to send one's own money to the exchanges.
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ahmed_bodi
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December 05, 2013, 11:01:12 PM |
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block loader is loadng sbc now |
Bitrated user: ahmedbodi.
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Taxidermista
Legendary
Offline
Activity: 1147
Merit: 1001
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December 05, 2013, 11:09:49 PM |
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New logo looks good. Mining seems really slow. Mined all last night and only got 4 coins . I only have 50 coins at the moment. Did the difficulty just take a super-jump or is it my computer/pool? The difficulty is soaring as more and more people mine the coin. The rate has gone as high as over 3 GH/s. Just a week ago, it was lucky to be pushing 35 MH/s, now both of the pools I'm in (coin-base.org and SBC cryptocult) have a hash rate over 50 MH/s. Yes, and that's weird. I'd like to know where the hell those 2 or 3 GH/s are hidden. The big pools do not have 300 MH/s all together.  |
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