boumalo
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Activity: 1904
Merit: 1018
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May 03, 2014, 09:14:57 PM |
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I can tell you exactly to the penny how much my CoinTerra TerraMiner IV will earn in the next 6 months, 12 months and 24 months. Zero. It died in less than 2 weeks. If you can sell this piece of garbage to someone while it's still running do so as fast as you can.
Did you overclock it? |
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GodfatherBond
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May 06, 2014, 12:38:23 AM |
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Ok, but your advice, should i consider to try to sell my 1.6TH CoinTerra, or just to upgrade with some more hardware and continue earn?
Just mine and hold what you have mined. Dont sell it. Stupid me sold my Avalon about a year ago as I was scared about diff increase & profitability. Now Im going to mine with my coincarfts until those broken. |
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saurabh
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Merit: 10
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May 06, 2014, 04:44:26 AM |
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 Guys these Chinese guys are making big money...and speculating the price when they want. |
Digital Currency is the future
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boumalo
Legendary
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Activity: 1904
Merit: 1018
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May 06, 2014, 11:44:16 AM |
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Guys these Chinese guys are making big money...and speculating the price when they want. They are indeed, around 3800 new BTC are mined everyday in average; most of them are probably hold The beauty is you can get 100BTC for just 45,000USD and be very well positioned for the next spike up in price; no mining, no additional costs, just 45,000USD |
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wpgdeez
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May 06, 2014, 07:39:43 PM |
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so the theory goes...
1Th/s brings in say $1000 a month. In two weeks it will only make.. $800... in one month it will only take $640.... in two months .. $409...
wow... this whole game has a six month shelf life. But of course if the value of the each coin/part coin mined increases then it will balance out slightly... i doubt will will see an increase of 20% every two weeks. But we should see something coming back in
If he buys it at 8BTC and he makes 6BTC and sells it back at 3 BTC he won one BTC, you have to compared a BTC amount to the number of BTC he is spending to buy it What about the BTC (electricity) to run it. |
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saurabh
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Activity: 70
Merit: 10
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May 06, 2014, 07:45:47 PM |
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Guys these Chinese guys are making big money...and speculating the price when they want. They are indeed, around 3800 new BTC are mined everyday in average; most of them are probably hold The beauty is you can get 100BTC for just 45,000USD and be very well positioned for the next spike up in price; no mining, no additional costs, just 45,000USD I completely agree...  |
Digital Currency is the future
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BitcoinTraders
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May 07, 2014, 07:25:19 PM |
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I recommend the selling of your hardware as fast as you can because in some months you couldn't sell it because it won't make good money instead of the electricity bill!
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boumalo
Legendary
Offline
Activity: 1904
Merit: 1018
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May 07, 2014, 07:36:56 PM |
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I recommend the selling of your hardware as fast as you can because in some months you couldn't sell it because it won't make good money instead of the electricity bill!
so the theory goes...
1Th/s brings in say $1000 a month. In two weeks it will only make.. $800... in one month it will only take $640.... in two months .. $409...
wow... this whole game has a six month shelf life. But of course if the value of the each coin/part coin mined increases then it will balance out slightly... i doubt will will see an increase of 20% every two weeks. But we should see something coming back in
If he buys it at 8BTC and he makes 6BTC and sells it back at 3 BTC he won one BTC, you have to compared a BTC amount to the number of BTC he is spending to buy it What about the BTC (electricity) to run it. He doesn't pay for electricity |
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Aurum
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May 14, 2014, 03:41:49 AM |
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I can tell you exactly to the penny how much my CoinTerra TerraMiner IV will earn in the next 6 months, 12 months and 24 months. Zero. It died in less than 2 weeks. If you can sell this piece of garbage to someone while it's still running do so as fast as you can.
Did you overclock it? Never overclocked, never SSHed. I just used their pool screen to enter my pools. I plugged the "Plug Me in First" cord into one dedicated 15-amp outlet and the "Plug Me in Second" into another dedictaed 15-amp outlet within seconds. Any suggestions on how to get this boat anchor to mine  |
ghghghfgh
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