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Author Topic: [CLOSED] BTC Guild - Pays TxFees+NMC, Stratum, VarDiff, Private Servers  (Read 828373 times)
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September 01, 2013, 01:54:46 AM
 #3401

I guess all those little USB Block Erupters add up....

Now hanging out on Atomic-Trade.com...
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September 01, 2013, 02:59:38 AM
 #3402

I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
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September 01, 2013, 09:20:20 AM
 #3403

I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Oh give it a rest will you?  Roll Eyes

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September 01, 2013, 01:17:58 PM
 #3404

I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Oh give it a rest will you?  Roll Eyes

...
Awwwwww - someone doesn't like the truth.
Did you buy lots and only now realise how silly that was? ... Cheesy

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
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Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
centove
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September 01, 2013, 03:18:57 PM
 #3405

I guess all those little USB Block Erupters add up....
... to a massive profit for those selling them and a massive loss for those buying them.

Oh give it a rest will you?  Roll Eyes

...
Awwwwww - someone doesn't like the truth.
Did you buy lots and only now realise how silly that was? ... Cheesy
Guys if you want to debate this take it to another thread...

Give me Btc: 1BRkf5bwSVdGCyvu4SyYBiJjEjbNiAQoYd Mine on my node: http://ask.gxsnmp.org:9332/
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September 01, 2013, 04:57:57 PM
 #3406

I made a new account for my single that's been mining about 1 week. 8 million shares in and I found a block for the pool Sad

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September 01, 2013, 06:01:35 PM
 #3407

Hey eleuthria,

Earlier today friedcat made an announcement on the erupters having a price drop but he forgot to actually include the new price. I was wondering if you could share how much he is selling them for so I can see if I am getting screwed in the groupbuy I am in. I understand your model is based on convenience and quick shipping times so it demands a higher premium I just want to know if the wait and effort I am putting into the groupbuy is worth it. It would be great if you could let me know in either a pm or reply on here.
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September 01, 2013, 06:35:08 PM
 #3408

Hey eleuthria,

Earlier today friedcat made an announcement on the erupters having a price drop but he forgot to actually include the new price. I was wondering if you could share how much he is selling them for so I can see if I am getting screwed in the groupbuy I am in. I understand your model is based on convenience and quick shipping times so it demands a higher premium I just want to know if the wait and effort I am putting into the groupbuy is worth it. It would be great if you could let me know in either a pm or reply on here.

I've seen nothing on yet another price drop since I dropped mine last week.  There will be an extension of the coupon program to the remaining 70% of 1BTC/unit orders that didn't receive a coupon previously.  These coupon units have been received, but the coupons will not show up on the BTC Guild store until Tuesday due to the holiday weekend.

Currently working remotely today and part of tomorrow to take my first "vacation" (hard to call it that with 3 phones, 2 laptops, and a tablet), so I decided to delay distributing the coupon promotion until I'm able to give it my full promotion.  They can't be shipped due to the weekend anyways.

R.I.P. BTC Guild, 2011 - 2015.
BTC Guild Forum Thread
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September 01, 2013, 09:57:50 PM
 #3409

Hey eleuthria,

Earlier today friedcat made an announcement on the erupters having a price drop but he forgot to actually include the new price. I was wondering if you could share how much he is selling them for so I can see if I am getting screwed in the groupbuy I am in. I understand your model is based on convenience and quick shipping times so it demands a higher premium I just want to know if the wait and effort I am putting into the groupbuy is worth it. It would be great if you could let me know in either a pm or reply on here.

I've seen nothing on yet another price drop since I dropped mine last week.  There will be an extension of the coupon program to the remaining 70% of 1BTC/unit orders that didn't receive a coupon previously.  These coupon units have been received, but the coupons will not show up on the BTC Guild store until Tuesday due to the holiday weekend.

Currently working remotely today and part of tomorrow to take my first "vacation" (hard to call it that with 3 phones, 2 laptops, and a tablet), so I decided to delay distributing the coupon promotion until I'm able to give it my full promotion.  They can't be shipped due to the weekend anyways.

Thanks but that didn't really answer my question. All I'm asking is what probably should be public knowledge already but for some reason isn't. How much are the retailers currently ordering block erupters for?
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September 01, 2013, 10:10:04 PM
 #3410

Hey eleuthria,

Earlier today friedcat made an announcement on the erupters having a price drop but he forgot to actually include the new price. I was wondering if you could share how much he is selling them for so I can see if I am getting screwed in the groupbuy I am in. I understand your model is based on convenience and quick shipping times so it demands a higher premium I just want to know if the wait and effort I am putting into the groupbuy is worth it. It would be great if you could let me know in either a pm or reply on here.

I've seen nothing on yet another price drop since I dropped mine last week.  There will be an extension of the coupon program to the remaining 70% of 1BTC/unit orders that didn't receive a coupon previously.  These coupon units have been received, but the coupons will not show up on the BTC Guild store until Tuesday due to the holiday weekend.

Currently working remotely today and part of tomorrow to take my first "vacation" (hard to call it that with 3 phones, 2 laptops, and a tablet), so I decided to delay distributing the coupon promotion until I'm able to give it my full promotion.  They can't be shipped due to the weekend anyways.

Thanks but that didn't really answer my question. All I'm asking is what probably should be public knowledge already but for some reason isn't. How much are the retailers currently ordering block erupters for?

If you walked into Best Buy and asked them how much they pay for the various things they sell, would they tell you?

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
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September 01, 2013, 10:20:10 PM
 #3411

At this point I was hoping the resellers would be transparent with us. I get that the markup on btcguild is for the convenience but Friedcat mentioned a lowered price today with no details of the price. Since he hasn't responded I had hoped that the resellers could fill us in on this. I have bought from btcguild in the past and it was great. All I wanted was a hobby miner with no hassle. Now that they are getting cheaper and could have some sort of ROI possibility I am opting to go the group buy route and was hoping eleuthria could help me figure out if I was getting screwed.

Again I get that best buy wouldn't tell you directly how much they pay for their products but that information is available to the public. Freidcat has not made this information available and it looks like he simply forgot to include it in his post. All I was hoping for was a solid from the owner of the pool I mine at.
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September 01, 2013, 10:46:10 PM
 #3412

At this point I was hoping the resellers would be transparent with us. I get that the markup on btcguild is for the convenience but Friedcat mentioned a lowered price today with no details of the price. Since he hasn't responded I had hoped that the resellers could fill us in on this. I have bought from btcguild in the past and it was great. All I wanted was a hobby miner with no hassle. Now that they are getting cheaper and could have some sort of ROI possibility I am opting to go the group buy route and was hoping eleuthria could help me figure out if I was getting screwed.

Again I get that best buy wouldn't tell you directly how much they pay for their products but that information is available to the public. Freidcat has not made this information available and it looks like he simply forgot to include it in his post. All I was hoping for was a solid from the owner of the pool I mine at.

At the rate the global hashrate is increasing, I'd be surprised if Free showed ROI. Don't get me wrong, i have 50 of these hashing away, but i suspect that these little guys are going the way of GPUs rapidly.

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
Doge: DB22tiynvXKg7SyPpnH9jyfitKLTZb6ejc
mdude77
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September 01, 2013, 11:21:07 PM
 #3413

At this point I was hoping the resellers would be transparent with us. I get that the markup on btcguild is for the convenience but Friedcat mentioned a lowered price today with no details of the price. Since he hasn't responded I had hoped that the resellers could fill us in on this. I have bought from btcguild in the past and it was great. All I wanted was a hobby miner with no hassle. Now that they are getting cheaper and could have some sort of ROI possibility I am opting to go the group buy route and was hoping eleuthria could help me figure out if I was getting screwed.

Again I get that best buy wouldn't tell you directly how much they pay for their products but that information is available to the public. Freidcat has not made this information available and it looks like he simply forgot to include it in his post. All I was hoping for was a solid from the owner of the pool I mine at.

At the rate the global hashrate is increasing, I'd be surprised if Free showed ROI. Don't get me wrong, i have 50 of these hashing away, but i suspect that these little guys are going the way of GPUs rapidly.

Fortunately there's more than difficulty involved in determining ROI.  The value of BTC keeps climbing.  With low electric usage, there's still a good chance we'll get out money back.

M

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September 01, 2013, 11:30:40 PM
 #3414

No that's terrible logic. If you don't make back your initial investment in btc you haven't ROI'd and would have been better off just buying and holding btc.
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September 01, 2013, 11:32:58 PM
 #3415

No that's terrible logic. If you don't make back your initial investment in btc you haven't ROI'd and would have been better off just buying and holding btc.

But mining is more fun than trying to anticipate market values. Grin

*insert appropriate begging line here* 
BTC: 1CS6AV7VnjcPLxaTFoUhTjXK4mQCTzfSxE
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September 02, 2013, 12:10:13 AM
 #3416

No that's terrible logic. If you don't make back your initial investment in btc you haven't ROI'd and would have been better off just buying and holding btc.

Except ... there isn't much I can do with BTC.  Until it becomes mainstream, I look at as the value of the USD equivalent, not the BTC.  After all, I can't pay the electric bill with BTC.

M

MMinerMonitor author, monitor/auto/schedule reboots/alerts/remote/MobileMiner for Ants and Spondoolies! Latest (5.2). MPoolMonitor author, monitor stats/workers for most pools, global BTC stats (current/nxt diff/USD val/hashrate/calc)! Latest (v4.2) 
Buyer beware of Bitmain hardware and services.
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September 02, 2013, 12:16:04 AM
 #3417

So by your logic if I think btc will eventually reach 10,000 usd it would make sense to buy a miner for 69btc now that will only ever make 1btc in it's lifetime?
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September 02, 2013, 12:19:45 AM
 #3418

So by your logic if I think btc will eventually reach 10,000 usd it would make sense to buy a miner for 69btc now that will only ever make 1btc in it's lifetime?

If it was 100% guaranteed, hell yes! Smiley

I'm also not one to buy BTC.

M

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Buyer beware of Bitmain hardware and services.
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September 02, 2013, 12:27:56 AM
 #3419

No that's terrible logic. If you don't make back your initial investment in btc you haven't ROI'd and would have been better off just buying and holding btc.
As I have pointed out elsewhere ... https://bitcointalk.org/index.php?topic=270573.msg3056704#msg3056704
If you got an AsicMinerUSB back on the 14-May ... up to today it would have so far made ... less than 0.9BTC (PPS mining expected value)
I'm pretty sure no one got them before the 14-May ...

I made up a little spreadsheet for the ones I have.
I got one for 0BTC on 13-May and 2 for 1.1BTC on 2-Aug

Total PPS mining expected BTC generated so far ... 1.2271313318BTC - 1.1BTC = 0.1271313318BTC
(the expected is a slight over estimate)

Hmm I think I let my time out for too cheap working on these AMUs - Total ~$12 for all the work I've done Cheesy LOL

(Edit: and I ignored electricity cost)

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
kano
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September 02, 2013, 12:32:07 AM
 #3420

No that's terrible logic. If you don't make back your initial investment in btc you haven't ROI'd and would have been better off just buying and holding btc.

Except ... there isn't much I can do with BTC.  Until it becomes mainstream, I look at as the value of the USD equivalent, not the BTC.  After all, I can't pay the electric bill with BTC.

M
But the problem with that is that you need to put in X BTC to buy the AMUs
Then your PPS expected return will (extremely likely) be less than X BTC coming back.
So the actual value of BTC isn't relevant.
If you simply keep the BTC and then convert it when you think is best, you will get more $ since you have more BTC than mining with them.

Pool: https://kano.is BTC: 1KanoiBupPiZfkwqB7rfLXAzPnoTshAVmb
CKPool and CGMiner developer, IRC FreeNode #ckpool and #cgminer kanoi
Help keep Bitcoin secure by mining on pools with Stratum, the best protocol to mine Bitcoins with ASIC hardware
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