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picolo
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January 25, 2015, 02:07:27 PM |
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So im out of the mining game. Getting asics importet from china is too expensive -.- Electricity is too expensive in my country 0.14$/kwh -.- and my block erupters isnt making me anything. this game have only been a waste of money so far. GL on your mining guys  dont make the same mistakes as i did. At least you had some fun, an experience and clean BTC  You will get some BTC when you sell your miners. |
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ScryptAsic
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January 25, 2015, 07:29:25 PM |
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Just buy the coin directly - it is valued at 480$ USD right now - Calculate what it would cost to earn yourself a BTC (NET) through mining either physical/cloud and quickly understanding that greed has ushered in the era of industrial mining, either we adapt and go with the flow of the ocean... Or we swim into the riptide and drown.
Wow look at this post at the top of the page $480 4 months ago now $240 nearly down 50%. It was hardly worth mining then it definitely isn't now. Well it depends on if you are able to make the bitcoin that you spend on your miners back, after accounting for electric costs. The price drop of bitcoin has certainly made mining less desirable and as a result less people are now mining (see the drop in hashrate) |
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grendel25
Legendary
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Activity: 2296
Merit: 1031
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January 25, 2015, 07:50:11 PM |
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I am too but also still interested in btc. Since I stopped mining I still had some btc and have played around with gambling which was mostly a bad idea lol.
but it's still fun. There are still other ways to get btc like selling stuff or services.
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SargeR33
Member
Offline
Activity: 112
Merit: 10
★Bitin.io★ - Instant Exchange
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January 26, 2015, 10:22:05 AM |
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I don't mine as much as I used to now. I sometimes switch miners off for days. If I can get my self some more efficient miners and a good solar setup, I might get back into it with good speed.
$160USD to have a miner shipped down to Australia is a turn off.
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Amph
Legendary
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Activity: 3206
Merit: 1069
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January 26, 2015, 01:42:08 PM |
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well mining hobby died long time ago, now is definitely buried
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muhrohmat
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January 26, 2015, 02:38:28 PM |
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yes closed case GPU CPU pen only asic buy miners for scrypt or sha 256 are resisting but thats more not like a hobby soo its becoming porfessional to mine and to invest and to give a good drilll out of the ROIs
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Shattered
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January 26, 2015, 10:48:45 PM |
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Not sure if i will ever make ROI with the cloud mining i purchased, but at least i dont have a power bill on steroids anymore.
Home mining was a fun experience, and i never regret positive journeys.
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numismatist
Legendary
Offline
Activity: 1245
Merit: 1004
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January 27, 2015, 09:35:05 AM |
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well mining hobby died long time ago, now is definitely buried
my favorite pool's expression of condolences Maintaining your 3 hour hashrate average,
this will take at least another 463 months, 2 weeks, 6 days and 10 hours
at current network difficulty of 43,971,662,056.09. |
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picolo
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January 27, 2015, 12:35:51 PM |
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Not sure if i will ever make ROI with the cloud mining i purchased, but at least i dont have a power bill on steroids anymore.
Home mining was a fun experience, and i never regret positive journeys.
Cloud mining has the advantages of not having to deal with the equipement, software, bills ect. but it is not as fun as you don't have much to do, just pay for the ghs, collect your earnings and hope the cloud mining business doesn't close  . |
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Gumbork
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January 27, 2015, 01:01:45 PM |
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Not sure if i will ever make ROI with the cloud mining i purchased, but at least i dont have a power bill on steroids anymore.
Home mining was a fun experience, and i never regret positive journeys.
Cloud mining has the advantages of not having to deal with the equipement, software, bills ect. but it is not as fun as you don't have much to do, just pay for the ghs, collect your earnings and hope the cloud mining business doesn't close . Cloud mining is defendly a plus for those who still want to receive daily payouts to get ROI now in days seems like a long journey, other then that just buy btc and trade a little im sure they would earn more btc then just getting a rig on a data center. |
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notbatman
Legendary
Offline
Activity: 2212
Merit: 1038
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January 27, 2015, 04:22:26 PM |
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Black Arrow scammed me out of $5k and never shipped my miner so I'm out before I even started (not counting my GPUs and erupters).
I'm not also impressed by referring to mining as a "game"; this is a serious amount of money for me to get screwed out of. Theft over $5k is an indictable offense last time I checked.
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picolo
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January 31, 2015, 09:22:16 AM |
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Just buy the coin directly - it is valued at 480$ USD right now - Calculate what it would cost to earn yourself a BTC (NET) through mining either physical/cloud and quickly understanding that greed has ushered in the era of industrial mining, either we adapt and go with the flow of the ocean... Or we swim into the riptide and drown.
Wow look at this post at the top of the page $480 4 months ago now $240 nearly down 50%. It was hardly worth mining then it definitely isn't now. If your equipement is paid for and you don't pay for electricity it is worth mining. |
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TrianglePythagoras
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January 31, 2015, 09:43:07 AM |
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I'm just going to say that it might not be profitable now, but with the value that you made, in a few years time,it could be worth a fortune.
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crowetic
Legendary
Offline
Activity: 2282
Merit: 1072
https://crowetic.com | https://qortal.org
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January 31, 2015, 09:47:33 AM |
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I'm just going to say that it might not be profitable now, but with the value that you made, in a few years time,it could be worth a fortune.
+1 I mine hard. |
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|
ORTAL
| .⊙.Web and Application hosting.
⊙ decentralized infrastructure
.⊙.leveling and voting.
| Founder/current dev group facilitator |
[/td][/tr][/table] [/table] |
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TrianglePythagoras
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January 31, 2015, 10:05:50 AM |
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I'm just going to say that it might not be profitable now, but with the value that you made, in a few years time,it could be worth a fortune.
+1 I mine hard. Exactly, keep goin' hard |
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picolo
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January 31, 2015, 11:14:45 AM |
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It is positive because it means Coinbase is growing and getting stronger :
Today we are pleased to announce that Coinbase has raised $75 million in Series C financing, the largest funding round to date for a Bitcoin company. This brings our total capital raised to $106 million.
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doggieTattoo
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March 09, 2015, 02:53:08 AM |
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So im out of the mining game. Getting asics importet from china is too expensive -.- Electricity is too expensive in my country 0.14$/kwh -.- and my block erupters isnt making me anything. this game have only been a waste of money so far. GL on your mining guys dont make the same mistakes as i did. I understand where you are coming from, I am thinking about doing the same. |
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Btcvilla
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March 10, 2015, 02:11:30 AM |
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You might want to look into Burstcoin mining! Cheaper then mining with gpu or asics.
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Bananana
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March 10, 2015, 02:22:55 AM |
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You might want to look into Burstcoin mining! Cheaper then mining with gpu or asics.
Burstcoin mining isn't profitable anymore, it is profitable for the first month but whale came and wipe out all the profits. |
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Btcvilla
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March 10, 2015, 02:23:44 AM |
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You might want to look into Burstcoin mining! Cheaper then mining with gpu or asics.
Burstcoin mining isn't profitable anymore, it is profitable for the first month but whale came and wipe out all the profits. It is but it takes time to make profit, I think it may have a bright future, we will see. |
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