waldohoover (OP)
Jr. Member
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Activity: 52
Merit: 500
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March 19, 2014, 03:19:54 PM Last edit: November 11, 2015, 09:04:42 PM by waldohoover |
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all finished
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worldlybedouin
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March 19, 2014, 03:22:09 PM |
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Hey Waldohoover,
Can you reserve 2 Shares for me? I'm clearing some BTC from Coinbase now and just waiting for it to come out of Pending.
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LTC: LXrAe2E6cBsK52GvUsYraeXkc2s7Ti7R5X BTC: 1FLTMqVjTZ5MTdCF4npNZGFMEUGyBV4zcj
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Grinny
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March 19, 2014, 04:24:23 PM |
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Minimum 100/MH/s of performance. (likely to increase as we get further down the development path) What if the Titan is becoming a 120MH/s miner instead of initially stated 100MH/s (you know, the KnC bonus^^), will we then be in for 1/20 of 120MH/s?
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Eastwind
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March 19, 2014, 04:34:38 PM |
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The price of Titan is about 16Bitcoin at the moment. So 1BTC should buy 1/16 of the hashing power. You mention that we will only get 1/20. Is the rest your profit?
So the group buy will be more expensive than buying direct?
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jk_14
Legendary
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Activity: 1292
Merit: 1000
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March 19, 2014, 05:52:20 PM |
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Of course, that's how I've always done it. No matter what the rate ends up being, you are paying for your 1/20th portion Hi, Waldo I have 50% of Terraminers... And want to have some half of KNC Titan now Most important thing is your energy rate for this GB, Because 0.30 $/kWh is not nice indeed, for US standards especially...
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xephyr
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March 19, 2014, 06:04:55 PM |
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Put me down for one share. 1.0 btc already sent. Details in PM and also in an email. Thanks!
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trader59
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March 19, 2014, 06:59:47 PM |
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Considering this... Is it worth it? By the time it comes out, difficulty will be much higher. Not even sure if we'll see a ROI.
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clanie
Newbie
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Activity: 54
Merit: 0
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March 19, 2014, 07:35:50 PM |
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I'll take one - details PMed.
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xephyr
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March 19, 2014, 07:38:36 PM |
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Considering this... Is it worth it? By the time it comes out, difficulty will be much higher. Not even sure if we'll see a ROI.
You have to decide that for yourself, but there are other scrypt coins to mine besides litecoin that could be more profitable.
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LittleD
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March 19, 2014, 08:05:24 PM |
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•1 Share @ ฿1 = 100MH/s scrypt hashing power (1/20) + 3% hosting fee on top of electricity costs. You have BTC1=100MH/s... just thought I let u know
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Eastwind
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March 19, 2014, 08:16:09 PM |
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•1 Share @ ฿1 = 100MH/s scrypt hashing power (1/20) + 3% hosting fee on top of electricity costs. You have BTC1=100MH/s... just thought I let u know Looking at it now, that is a tad confusing at first, I'll reword it. Thanks LD! 1 Share @ ฿1 = 10MH/s scrypt hashing power (1/20th of 100MHs) + 3% hosting fee on top of electricity costs. should be 1 Share @ ฿1 = 5 MH/s scrypt hashing power (1/20th of 100MHs) + 3% hosting fee on top of electricity costs.
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clanie
Newbie
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Activity: 54
Merit: 0
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March 19, 2014, 08:31:26 PM |
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Hi waldohoover I ought to have asked before buying a share, but what are we going to mine? I would have preferred mining on one of the coin-switching pools paying out in btc, eg. wafflepool, but since you just asked me for an ltc address, your intention must be something else. Will we be mining litecoin directly?
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Cosmos
Member
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Activity: 113
Merit: 10
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March 19, 2014, 11:42:11 PM |
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Would like to reserve 1 share. Will confirm in a couple hours.
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Donation BTC: 1Pno5cingvmmC8CtpHgNJcoLqfyzSz6kEy
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upscaleHipster
Newbie
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Activity: 1
Merit: 0
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March 19, 2014, 11:47:50 PM |
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Hi, can you clarify if it's 10MH/s or 5MH/s per share @ 1BTC? Thanks, great initiative!
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xephyr
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March 20, 2014, 12:49:06 AM |
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Hi, can you clarify if it's 10MH/s or 5MH/s per share @ 1BTC? Thanks, great initiative!
That's a typo, should be 1 Share @ ฿1 = 5 MH/s scrypt hashing power (1/20th of 100MHs) + 3% hosting fee on top of electricity costs. Titan [Batch1] Shares Claimed shows only 10 shares out of original 20 remain.
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seleme
Legendary
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Activity: 2772
Merit: 1028
Duelbits.com
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March 20, 2014, 01:38:26 AM Last edit: March 20, 2014, 01:56:35 AM by seleme |
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I'll take one full Titan for you to host it at same terms (3% + elecrticity).
Is that OK?
I'd like an option to mine different scrypt altcoins at will with that 0.01 address change stuff too.
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daynomate
Member
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Activity: 106
Merit: 10
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March 20, 2014, 02:08:38 AM |
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How are you going to determine what is mined and what the payout coin will be?
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LittleD
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March 20, 2014, 02:10:10 AM |
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Hi Waldo please reserve one share for me thanks
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worldlybedouin
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March 20, 2014, 12:52:33 PM |
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I'd like to "vote for:
1. Auto-switching pool to mine LTC; something like TheMagePool.com 2. Payouts in LTC (not BTC) 3. I have no problem mining LTC directly if its in the "Top 5" for profitability on coinchoose.com and/or coinwarz.com calculators
Sorry if this sounds demanding...just wanted to let you know my preferences...
Ultimately it's up to this GB as a "team" to decide.
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LTC: LXrAe2E6cBsK52GvUsYraeXkc2s7Ti7R5X BTC: 1FLTMqVjTZ5MTdCF4npNZGFMEUGyBV4zcj
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