Good Bye Mining, See you at 10$ and Amd 7000

[grod]

Aside from that, I feel confident that the only ones mining right now are:
People that dont pay thier own elecbill
People with a large mining Farm
People who just dont want to hit Off, on their comps for the night, when they could instead hit ON on thier miners

Hell 15/7 i run at -f250, And at night i swap to -f8

Deepbit is less than 20% off of its highs.  Are you positive 80% of the mining community fits into your 4 categories?

May I present an alternative.  My power rate is 4.6 cents/kwhr.  My 2x overclocked, undervolted 5830 rig pulls 380 watts from the wall. With all the distribution fees I am at 6 c/kwhr, or 400x24/1000*.06 = 60 cents a day, or $1.80 a bitcoin.  Let's call it $20 a month to generate a bit over 8 coins, which are worth $40.  This is loosely confirmed by my power bill which is only a hair higher than same time last year (although temperatures differ by 2 degrees).

Hardware was paid off after 6-7 days in July, and being 5830s it's not very valuable now.  So even $20/month after power costs beats $0, considering it's completely effort free money.   If this persists for another 10 months it's another free video card.

[Fiyasko]

Aside from that, I feel confident that the only ones mining right now are:
People that dont pay thier own elecbill
People with a large mining Farm
People who just dont want to hit Off, on their comps for the night, when they could instead hit ON on thier miners

Hell 15/7 i run at -f250, And at night i swap to -f8

Deepbit is less than 20% off of its highs.  Are you positive 80% of the mining community fits into your 4 categories?

May I present an alternative.  My power rate is 4.6 cents/kwhr.  My 2x overclocked, undervolted 5830 rig pulls 380 watts from the wall. With all the distribution fees I am at 6 c/kwhr, or 400x24/1000*.06 = 60 cents a day, or $1.80 a bitcoin.  Let's call it $20 a month to generate a bit over 8 coins, which are worth $40.  This is loosely confirmed by my power bill which is only a hair higher than same time last year (although temperatures differ by 2 degrees).

Hardware was paid off after 6-7 days in July, and being 5830s it's not very valuable now.  So even $20/month after power costs beats $0, considering it's completely effort free money.   If this persists for another 10 months it's another free video card.

now im <55% sure

[Unacceptable]

Closed out my last rig today, ended up profitabe with some great memories so net win =)

Final numbers are 440 BTC profit, had 5.2 ghash with 5000 invested.

I'm somewhat with ya,I'll keep 1 rig running ,as I have no other use for it & it's only $20 month to run.

[wndrbr3d]

At $3.50 I'm shutting down my rigs. Basically it'll cost me less money to buy 1 BTC per day than to mine it.

[wndrbr3d]

WELL FOLKS, as of this evening I'm shutting down my miners. At $4, with the current difficulty + electricity ($0.091) my monthly "profit" is at ~$30......  

If I want to speculate, I'll just buy the bitcoins with fiat, because then they'd be cheaper than mining them. Perhaps with the next difficulty drop, I'll turn it back on.. but unless price goes up, I think I'm going dark for a bit.

[Fiyasko]

WELL FOLKS, as of this evening I'm shutting down my miners. At $4, with the current difficulty + electricity ($0.091) my monthly "profit" is at ~$30......  

If I want to speculate, I'll just buy the bitcoins with fiat, because then they'd be cheaper than mining them. Perhaps with the next difficulty drop, I'll turn it back on.. but unless price goes up, I think I'm going dark for a bit.

Well for me, If my miners stop "breaking even" I still get Super Extremetly Inexpensive Heating. Like. $5/mo to heat my 10room house

[bcpokey]

WELL FOLKS, as of this evening I'm shutting down my miners. At $4, with the current difficulty + electricity ($0.091) my monthly "profit" is at ~$30......  

If I want to speculate, I'll just buy the bitcoins with fiat, because then they'd be cheaper than mining them. Perhaps with the next difficulty drop, I'll turn it back on.. but unless price goes up, I think I'm going dark for a bit.

Well for me, If my miners stop "breaking even" I still get Super Extremetly Inexpensive Heating. Like. $5/mo to heat my 10room house

What the crap do you do with a 10 room house?

[Unacceptable]

WELL FOLKS, as of this evening I'm shutting down my miners. At $4, with the current difficulty + electricity ($0.091) my monthly "profit" is at ~$30......  

If I want to speculate, I'll just buy the bitcoins with fiat, because then they'd be cheaper than mining them. Perhaps with the next difficulty drop, I'll turn it back on.. but unless price goes up, I think I'm going dark for a bit.

Well for me, If my miners stop "breaking even" I still get Super Extremetly Inexpensive Heating. Like. $5/mo to heat my 10room house

What the crap do you do with a 10 room house?

Brothel?

[SlaveInDebt]

WELL FOLKS, as of this evening I'm shutting down my miners. At $4, with the current difficulty + electricity ($0.091) my monthly "profit" is at ~$30......  

If I want to speculate, I'll just buy the bitcoins with fiat, because then they'd be cheaper than mining them. Perhaps with the next difficulty drop, I'll turn it back on.. but unless price goes up, I think I'm going dark for a bit.

Well for me, If my miners stop "breaking even" I still get Super Extremetly Inexpensive Heating. Like. $5/mo to heat my 10room house

What the crap do you do with a 10 room house?

Those with more capital make more capital. Welcome to capitalism.