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Author Topic: At the Wafl Stop in Bellingham, owner Kenny Spotz has a brisk business.  (Read 1323 times)
2tights (OP)
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March 11, 2014, 08:44:51 PM
 #1

http://www.komonews.com/news/local/Bitcoin-Modern-day-gold-rush-or-risky-investment-249577361.html

1 million bucks, eh?
casinocoin
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March 11, 2014, 08:59:16 PM
 #2

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000
2tights (OP)
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March 11, 2014, 09:10:10 PM
 #3

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?

casinocoin
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March 11, 2014, 09:46:10 PM
 #4

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then
xb0x
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March 11, 2014, 09:57:44 PM
 #5

and he is earning $8 million at current exchange every month. Cool enough Wink
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March 11, 2014, 10:07:12 PM
 #6

8mill a month / $650(current average rate) = 12307.69230769 btc a month
coin / 31.4(days of average month) = 404.8582996 btc a day
coin / 24 (hours of the day) = 16.86909582 an hour
coin / 6 (average blocks per hour) = 2.81151596 per block

25coins in entire block reward means that this guy is saying that he is hashing 11% of the network all by himself.
 

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
2tights (OP)
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March 11, 2014, 10:13:12 PM
 #7

8mill a month / $650(current average rate) = 12307.69230769 btc a month
coin / 31.4(days of average month) = 404.8582996 btc a day
coin / 24 (hours of the day) = 16.86909582 an hour
coin / 6 (average blocks per hour) = 2.81151596 per block

25coins in entire block reward means that this guy is saying that he is hashing 11% of the network all by himself.
 


Ok people, put your detective hats on... can someone track down the wallets used? He's not pool mining, I'm sure.

Edit: Franky1 grammatical error in your signature. See it?
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March 12, 2014, 12:37:08 AM
Last edit: March 12, 2014, 12:48:14 AM by franky1
 #8

i see many issues, no capital letters at the start of sentences is the obvious one, but if i wanted to write like an oxford scholar and look like a perfectionist.. then i would have gone to oxford.

when it comes to writing business plans and doing anything that is important, then i do take grammar serious. but on social media and forums all that matters is getting the message across. and not looking like a OCD perfectionist scholar

"Do not take any information given on this forum on face value. Please do your own due diligence and respect what is written here as both opinion and information gleaned from experience. If you wish to seek legal FACTUAL advice, then seek the guidance of a LEGAL specialist"

an improvement? but im not an Oxford scholar so don't expect perfection

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
seriouscoin
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March 12, 2014, 02:03:30 AM
 #9

ahhaha did anyone notice the male host intentionally say

" and the best to get betcoin...."
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March 12, 2014, 02:08:39 AM
Last edit: March 12, 2014, 07:19:14 PM by seriouscoin
 #10

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then

Nope, let me explain to noobs


Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where all the preorders money went to?

Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyone who cant "wait"

Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.

The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....

There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm  (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.
2tights (OP)
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March 12, 2014, 03:16:40 PM
 #11

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then

Nope, let me explain to noobs


Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where are all the preorders money went to?

Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyway who cant "wait"

Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.

The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....

There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm  (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.


You can add KNCminer to that list, now. It's pretty clear that's what our orders were used for.
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March 12, 2014, 07:11:03 PM
 #12

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then

Nope, let me explain to noobs


Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where are all the preorders money went to?

Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyway who cant "wait"

Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.

The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....

There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm  (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.

Megabigpower is one of the only companies that DID deliver on time or pay for it.  My order was a few weeks late, I was paid the full BTC amount I would have earned.  Problem with a board?  Fixed! 

Compare to BFL and others where current pre-orders (some paid almost half a year ago) are more expensive per GH than immediately available hardware yet no solid delivery date is in sight. 

I stopped buying when I understood he was competing with us and have switched to another company with better pricing. 

seriouscoin
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March 12, 2014, 07:18:29 PM
 #13

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then

Nope, let me explain to noobs


Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where are all the preorders money went to?

Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyway who cant "wait"

Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.

The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....

There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm  (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.

Megabigpower is one of the only companies that DID deliver on time or pay for it.  My order was a few weeks late, I was paid the full BTC amount I would have earned.  Problem with a board?  Fixed! 

Compare to BFL and others where current pre-orders (some paid almost half a year ago) are more expensive per GH than immediately available hardware yet no solid delivery date is in sight. 

I stopped buying when I understood he was competing with us and have switched to another company with better pricing. 

A few weeks late ..... because its sitting on one of his shelves that you saw in video. Your order makes him enough money for a free mining gear.
Littleshop
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March 12, 2014, 07:44:26 PM
 #14

1Million?(Didnt read the article recognize the story and video)

12,500 BTC per month at the current rates.

~$8,125,000


His hardware investment was a million, I think.. ?


Hes a really lucky(smart) man right about now then

Nope, let me explain to noobs


Hes the authorized North America reseller of Bitfury..... He competes directly with his customers.... and guess where are all the preorders money went to?

Many ppl was "waiting" for their mining gear.... and eventually Dave just offer to "refund" anyway who cant "wait"

Yup, the asshole use his customers money to fund his mining farm..... after he recoup the cost of the gear, he then shipped them out.

The first batch he did ship them out fairly and it got him TONs of money for "second" batch.....

There you go noobs, learn your lessons yet? I've warned ppl of not giving money to anyone thats building their own farm  (Avalon, BFL, ASICminer....etc) but no.... idiots are blinded by greed.

Megabigpower is one of the only companies that DID deliver on time or pay for it.  My order was a few weeks late, I was paid the full BTC amount I would have earned.  Problem with a board?  Fixed! 

Compare to BFL and others where current pre-orders (some paid almost half a year ago) are more expensive per GH than immediately available hardware yet no solid delivery date is in sight. 

I stopped buying when I understood he was competing with us and have switched to another company with better pricing. 

A few weeks late ..... because its sitting on one of his shelves that you saw in video. Your order makes him enough money for a free mining gear.


Well not really?  His huge farm does, but he paid out my order as if I had it, without paying for power.  So unless his power is free it cost him money. 

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