Miners DUMPING their ASICs

[igorr]

Bitcoin can not jump without MtGox !

[dani]

Bitcoin can not jump without MtGox !

[Lauda]

Bitcoin can not jump without MtGox !

You are spreading nonsense.

[Bit_Happy]

Miners DUMPING their ASICs
I would like to see photos of miners dumping/throwing their ASICs out a window.
Do you have any?

[ChuckBuck]

Miners DUMPING their ASICs
I would like to see photos of miners dumping/throwing their ASICs out a window.
Do you have any?

I'm going to start scouring the landfills for old KNC Saturns and Jupiters!   

[Bit_Happy]

Miners DUMPING their ASICs
I would like to see photos of miners dumping/throwing their ASICs out a window.
Do you have any?

I'm going to start scouring the landfills for old KNC Saturns and Jupiters!   

Dumpster diving for pizzas and ASICs.......?
High-tech bums are getting rich while you sit and work all day.   

[TwinWinNerD]

Miners DUMPING their ASICs
I would like to see photos of miners dumping/throwing their ASICs out a window.
Do you have any?

I'm going to start scouring the landfills for old KNC Saturns and Jupiters!   

Dumpster diving for pizzas and ASICs.......?
High-tech bums are getting rich while you sit and work all day.   

Now I have a picture of a bum burning waste to heat a steam engine that powers hundreds of asic miners in my head....

thanks

[Bit_Happy]

Miners DUMPING their ASICs
I would like to see photos of miners dumping/throwing their ASICs out a window.
Do you have any?

I'm going to start scouring the landfills for old KNC Saturns and Jupiters!   

Dumpster diving for pizzas and ASICs.......?
High-tech bums are getting rich while you sit and work all day.   

Now I have a picture of a bum burning waste to heat a steam engine that powers hundreds of asic miners in my head....

thanks

Very creative idea.
Too much carbon from the burning waste, but still interesting.

[cmg5461]

PANIC

AT THE DISCO

[XScrypt]

PANIC

AT THE DISCO

IN FRISCO
WITH CRISCO!

[Bit_Happy]

Another great troll thread.
What a wonderful world?

[Cranky4u]

How is it going to lower prices? Mining just slows the creation of new bitcoin...the usefulness of it and the short supply is what gives it is market value...I'd imagine it would rise since they'd be more scarce.

Plus, given the exponential rate of computing power, eventually the machines will be better equipped to mine in a more productive manner.

And surely some miner out there has managed to figure out how to slash the overall expense by going solar...  

I did 

I put my 2011 ~ 2012 BTC into a 1.5kW solar system. Now my modest rig, only a Jally and some GPUs as the solar array was not cheap, continues to mine. With the advent of ASICs, I have an abudnace of power but not enough $$$ for more mining rigs.

If you have some ASICs just collecting dust, msg me...

[amspir]

And surely some miner out there has managed to figure out how to slash the overall expense by going solar...  

I did 

I put my 2011 ~ 2012 BTC into a 1.5kW solar system. Now my modest rig, only a Jally and some GPUs as the solar array was not cheap, continues to mine. With the advent of ASICs, I have an abudnace of power but not enough $$$ for more mining rigs.

Just curious, are you able to sell power back to the electric grid?   If so, is it more economical to mine with old equipment than to sell your power back to the grid?

[spazzdla]

Where are these sales..

[cowandtea]

Well they must be getting bought by other miners then, how else do you explain the exponential graph?

Alot people pre-ordered ASIC and now the company are shipping their ASIC due to BTC price drop

[smoothie]

1. Buy asics

2. Mine with it

3. Cash out some

4. Sell asics

5. Buy more coins with proceeds

lol

[thresher]

1. Buy asics

2. Mine with it

3. Cash out some

4. Sell asics

5. Buy more coins with proceeds

lol

You must be smart.  I used proceeds to buy more equipment to try and stay ahead in the mining race...:-P !

Just curious, are you able to sell power back to the electric grid?   If so, is it more economical to mine with old equipment than to sell your power back to the grid?

In US, my friend's parents gets roughly half the rate the power company charges them (they do not produce surplus in winter.)  Now that he bought his own place and is moving out in August, maybe I can sneak my way in and offer them the same deal or maybe even a flat fee depending on how much they actually give back .  Only problem is people think my mining rigs are some illegal hacking machine or that they are going to burn the house down.   

[smoothie]

1. Buy asics

2. Mine with it

3. Cash out some

4. Sell asics

5. Buy more coins with proceeds

lol

You must be smart.  I used proceeds to buy more equipment to try and stay ahead in the mining race...:-P !

Just curious, are you able to sell power back to the electric grid?   If so, is it more economical to mine with old equipment than to sell your power back to the grid?

In US, my friend's parents gets roughly half the rate the power company charges them (they do not produce surplus in winter.)  Now that he bought his own place and is moving out in August, maybe I can sneak my way in and offer them the same deal or maybe even a flat fee depending on how much they actually give back .  Only problem is people think my mining rigs are some illegal hacking machine or that they are going to burn the house down.   

Good luck with that. The Bitcoin mining arm's race is a losing battle for 90%+ of miners.

Easier to just HODL and not have to worry about paying electric costs, rental space, and also maintenance/upkeep when an ASIC crashes or errors out.

[wemine]

I don't think it's a wise decision buy rig now

[Noruka]

Well they must be getting bought by other miners then, how else do you explain the exponential graph?

The 1, 2, 3 TH machine pre-order dump is underway.

months ahead on that refund train