I am out of the mining game :(

[Jeremycoin]

Solo mining is dying and unless you are a necromancer you are not advised to play it. BTC mining is very alive and in evolution, though. Methods are fading away but new methods are being born. It is the nature of BTC we must adapt to. Although I read alot of people here have doubts about cloud mining, my acquaintance has made a nice amount of money from it already. No, it wasn't problemless but he hasn't given up, become more experienced and now he has significant success in it. I too am willing to try it very soon.

I wish I picked up on mining BTC when I had the chance several years ago. I was going to buy a bunch but shrugged it off lol, my mistake. Now its not worth attempting to mine would not make any money solo mining it seems.

What was the reason behind your deed that you shrugged it off?

That's because most of it is a scam, and some is being hacked so can't pay the users. But, I agree with you that we must adapt for it.

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[numismatist]

Solo mining is dying and unless you are a necromancer you are not advised to play it. BTC mining is very alive and in evolution, though. Methods are fading away but new methods are being born. It is the nature of BTC we must adapt to. Although I read alot of people here have doubts about cloud mining, my acquaintance has made a nice amount of money from it already. No, it wasn't problemless but he hasn't given up, become more experienced and now he has significant success in it. I too am willing to try it very soon.

I wish I picked up on mining BTC when I had the chance several years ago. I was going to buy a bunch but shrugged it off lol, my mistake. Now its not worth attempting to mine would not make any money solo mining it seems.

What was the reason behind your deed that you shrugged it off?

That's because most of it is a scam, and some is being hacked so can't pay the users. But, I agree with you that we must adapt for it.

There is no binary option that you have to do Cloudmining only, or install own miners local exclusively. From my history it is doable to add Cloud to owned equiment for coping with exploding Difficulty.
However, then you have numbers to compare. Expect your local install will jield better results than the rented one.

[PremiumCodeX]

Solo mining is dying and unless you are a necromancer you are not advised to play it. BTC mining is very alive and in evolution, though. Methods are fading away but new methods are being born. It is the nature of BTC we must adapt to. Although I read alot of people here have doubts about cloud mining, my acquaintance has made a nice amount of money from it already. No, it wasn't problemless but he hasn't given up, become more experienced and now he has significant success in it. I too am willing to try it very soon.

I wish I picked up on mining BTC when I had the chance several years ago. I was going to buy a bunch but shrugged it off lol, my mistake. Now its not worth attempting to mine would not make any money solo mining it seems.

What was the reason behind your deed that you shrugged it off?

That's because most of it is a scam, and some is being hacked so can't pay the users. But, I agree with you that we must adapt for it.

There is no binary option that you have to do Cloudmining only, or install own miners local exclusively. From my history it is doable to add Cloud to owned equiment for coping with exploding Difficulty.
However, then you have numbers to compare. Expect your local install will jield better results than the rented one.

You're right. As someone who used it that way, I know what you mean. It is not that we forget our old methods. We have to open our minds to accept new methods. It is up to your creativity how you combine them.

[BlueInCoin]

This is a correct way to stop it, and you need to believe that this is the best for you.

[namstec]

Hi miners,

Guys i want to offer a new solution for small miner to get back to the mining business.

50% partnership:  Zero electricity cost, contract for miner and you can also double profit if you decided to rent rig.


My business is registered in USA and South American for more than 10 years and license in real estate with references.


I also can offer miners in USA and Canada financing but you must have a registered corporation.


Miners
We only need to worried about the difficult of the coin.


Example: two antminer S1
one equipment directed to your bitcoin information, the other unit to NAMSTEC.


I have other miners sending us gear, i can send contracts,references, tracking number ..I can posted information.


If you want to buy cloud mining for example: We send you the information from where we purchase units, tracking plus contract from usfor each purchase.

You can also find deals in the market that's another option.


I have credential and references.. i want to offer a new opportunity to small and big miners. The only to fight big companies is working together.


Thanks guys,


Andres Carrero
President
Skype: namstec
USA: 305-726-1761 Whatsapp
Email: sales@namstec.com
Email: andresacarrero@gmail.com
Website: www.namstec.com
License real estate: https://www.myfloridalicense.com/LicenseDetail.asp?SID=&id=7408202D91C3FE1F7DBD71944607DFE2
Company Florida: Federal tax id: 20-1562098
Personal - Facebook: https://www.facebook.com/arma.fuel

[cozk]

By buying BTC directly you will end up with more BTC that you would mining.

True story.

[novadragon]

I also had to stop playing the game mining because g*lden c*s 

[crowetic]

Mining on you HDD - That's right, almost no power usage! Is now possible for everyone!

https://www.youtube.com/watch?v=8FHvD3b30ks


Here is a video on how to use it.


Mining is back! A different style that is still a 'traditional' style of mining, completely reborn, uses hardly any power, and is very fun!

[guitarplinker]

Mining on you HDD - That's right, almost no power usage! Is now possible for everyone!

https://www.youtube.com/watch?v=8FHvD3b30ks


Here is a video on how to use it.


Mining is back! A different style that is still a 'traditional' style of mining, completely reborn, uses hardly any power, and is very fun!

From what I've heard the days of BURST mining are long gone. When it initially released it was a fairly profitable coin, but not so much anymore.

However I have heard of some users GPU mining Ethereum and making a little bit of money off that, so if you have a couple spare GPU's that might be worth looking into.

[crowetic]

Mining on you HDD - That's right, almost no power usage! Is now possible for everyone!

https://www.youtube.com/watch?v=8FHvD3b30ks


Here is a video on how to use it.


Mining is back! A different style that is still a 'traditional' style of mining, completely reborn, uses hardly any power, and is very fun!

From what I've heard the days of BURST mining are long gone. When it initially released it was a fairly profitable coin, but not so much anymore.

However I have heard of some users GPU mining Ethereum and making a little bit of money off that, so if you have a couple spare GPU's that might be worth looking into.

nice FUD, but you're incorrect @ burst being long gone. Just because people expect to get rich overnight, doesn't mean a coin is gone. HDD mining takes almost no power, unlike all of the power-hungry algorithms, and thus is almost always profitable, even if it doesn't make you a millionaire overnight (but what coin does? Do any of you mining with ASICS or GPUs even make much of anything after the power bill?)

not to mention, it has been proven to barely work the drives at all, never damaging any drive. It actually works them less than just normal HDD use. So mining can continue for a very long time.

ETH may never accomplish anything fully. BURST already accomplished a cross-chain transfer (https://drive.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/edit) with their Automated Transactions.


Not to mention, with the new GUI, it is now very easy for anyone to start mining.

So please, quit shilling for ETH, and stop slandering BURST.

edit: oh, did I mention that BURST did all of this with NO FUNDING? Yea.

[guitarplinker]

nice FUD, but you're incorrect @ burst being long gone. Just because people expect to get rich overnight, doesn't mean a coin is gone. HDD mining takes almost no power, unlike all of the power-hungry algorithms, and thus is almost always profitable, even if it doesn't make you a millionaire overnight (but what coin does? Do any of you mining with ASICS or GPUs even make much of anything after the power bill?)

not to mention, it has been proven to barely work the drives at all, never damaging any drive. It actually works them less than just normal HDD use. So mining can continue for a very long time.

ETH may never accomplish anything fully. BURST already accomplished a cross-chain transfer (https://drive.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/edit) with their Automated Transactions.


Not to mention, with the new GUI, it is now very easy for anyone to start mining.

So please, quit shilling for ETH, and stop slandering BURST.

edit: oh, did I mention that BURST did all of this with NO FUNDING? Yea.

I'm not shilling for Ethereum or trying to slander BURST, I was just mentioning that "if you have a couple spare GPU's (Ethereum) might be worth looking into" and that I didn't think BURST was a very profitable coin to mine. Take a look at my post history, I've never mentioned Ethereum before either, I was just saying that I've heard Ethereum is a profitable coin to mine.

Also, I'm not sure how you figure BURST mining is profitable either. According to this calculator, you'd be making about 0.011 BTC per month if you used a 3 TB hard drive (so your initial cost would be ~ $85 USD, and that's a very conservative estimate as well). 0.011 BTC per month would barely cover the power cost of running an efficient BURST mining setup (let's say an RPi + HDD, that would take about 10 watts), but just for fun let's say that you aren't paying power costs. With an income of 0.011 BTC per month ($2.55 USD) it would take you 33 months to pay off your investment of just the hard drive. Keep in mind that this would be on a super efficient setup as well. If you pay power, and run the hard drive for BURST mining in a desktop, you wouldn't make any money because of power costs. A desktop would take ~ 40W (conservative estimate again), which would cost more than $2.55 USD to run for a month in most areas in North America. Please correct me if any of my numbers are off, but they should be fairly accurate.

It's great that BURST completed a cross-chain transfer, did everything without funding, and barely uses hard drives, etc, etc but I wasn't talking about what the coins accomplished, I was talking about what coins are profitable for mining.

[Shinpako09]

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.

Then you did a great decision. Mining isn't profitable as of now because of the price.

[crowetic]

nice FUD, but you're incorrect @ burst being long gone. Just because people expect to get rich overnight, doesn't mean a coin is gone. HDD mining takes almost no power, unlike all of the power-hungry algorithms, and thus is almost always profitable, even if it doesn't make you a millionaire overnight (but what coin does? Do any of you mining with ASICS or GPUs even make much of anything after the power bill?)

not to mention, it has been proven to barely work the drives at all, never damaging any drive. It actually works them less than just normal HDD use. So mining can continue for a very long time.

ETH may never accomplish anything fully. BURST already accomplished a cross-chain transfer (https://drive.google.com/file/d/0B4vYMJwBtRGLLVQ0OElQRzJackE/edit) with their Automated Transactions.


Not to mention, with the new GUI, it is now very easy for anyone to start mining.

So please, quit shilling for ETH, and stop slandering BURST.

edit: oh, did I mention that BURST did all of this with NO FUNDING? Yea.

I'm not shilling for Ethereum or trying to slander BURST, I was just mentioning that "if you have a couple spare GPU's (Ethereum) might be worth looking into" and that I didn't think BURST was a very profitable coin to mine. Take a look at my post history, I've never mentioned Ethereum before either, I was just saying that I've heard Ethereum is a profitable coin to mine.

Also, I'm not sure how you figure BURST mining is profitable either. According to this calculator, you'd be making about 0.011 BTC per month if you used a 3 TB hard drive (so your initial cost would be ~ $85 USD, and that's a very conservative estimate as well). 0.011 BTC per month would barely cover the power cost of running an efficient BURST mining setup (let's say an RPi + HDD, that would take about 10 watts), but just for fun let's say that you aren't paying power costs. With an income of 0.011 BTC per month ($2.55 USD) it would take you 33 months to pay off your investment of just the hard drive. Keep in mind that this would be on a super efficient setup as well. If you pay power, and run the hard drive for BURST mining in a desktop, you wouldn't make any money because of power costs. A desktop would take ~ 40W (conservative estimate again), which would cost more than $2.55 USD to run for a month in most areas in North America. Please correct me if any of my numbers are off, but they should be fairly accurate.

It's great that BURST completed a cross-chain transfer, did everything without funding, and barely uses hard drives, etc, etc but I wasn't talking about what the coins accomplished, I was talking about what coins are profitable for mining.

Yes, if you're purchasing special gear just to mine BURST it's not the most profitable right now, but the thing is, (also who we're currently 'targeting') everyone already has free hard drive space. We're trying to get the word out that people can get into mining a crypto with the gear they already have, while at the same time not decreasing the usability of their computers, and not upping their power bill.

This will also make the decentralization of the coin much higher, as any normal user with any computer with free space, can mine the coin, and get into the world of cryptocurrencies. we're aiming for the future, getting more people into the coin, and getting people using crypto in general.

[zenitzz]

mining still profitable now after bitcoin price fall and electric cost is expensive. i think better i buy bitcoin and sell when price up

[GriffinHeart]

Get a cheap solar panel and battery, I power 2 USB hubs and my router for diddly squat!
Even if I'm playing the solo game with a few of them, it's a rough game to play.
I hope you make ROI back if you sell 'em.  

[RGBKey]

It's sad that things like this happen to good people that want to help the network as much as they want to make money. We're leading ourselves towards centrilization.

[crowetic]

It's sad that things like this happen to good people that want to help the network as much as they want to make money. We're leading ourselves towards centrilization.

Which is why HDD mining is so much better. Soon it will catch on, and people will stop spending ridiculous amounts of money just to mine and keep the network going. ANYONE can mine on their hard drive, anyone. Whether you're running an old crappy 32bit pentium4 or a top of the line system, it doesn't matter, they all run flawlessly with HDD mining and BURST. It is simply irrefutable that it is WAY more power efficient, and more secure, there's so much that is better about it, easily kept decentralized, and costs people nothing to get started.

Add on top of that Automated Transactions, Decentralized marketplace, escrow, and Encrypted Messaging, and you've got a platform that is worthy of the future for sure. All of this is BURST. Only thing that isn't quite there yet, is full recognition by the community, and beyond. Once that happens, HDD mining will be the future, and BURST will be the first of the future, the innovator of the mining style that killed power hungry PoW algorithms.

[VRM]

Hey support the future of bitcoin mining here may be we can build up something good for all
http://igg.me/at/BITMIN/x/9509081

[Searing]

Hey support the future of bitcoin mining here may be we can build up something good for all
http://igg.me/at/BITMIN/x/9509081

Notice the SCAM OF A MACHINE they say are gonna run this above cloud mining.


https://www.minerslab.com/product/smart-miner-3-0-rack-mount-20ths-bitcoin-miner/

20TH for 4.7k hell.....they'd have to be next door and me do a tour and me run the thing and see it do so or I'd believe that
aliens are settling in colonies on the moon first.

I mean really ..really...or are these guys just pulling our leg? I do notice after 13hrs the above quoted Indiggo campaign has made zip nada nothing

and GEE WIZ GUYS these units have been out since DEC 2014!!!!! according to Youtube

https://www.youtube.com/watch?v=aPcG9kk5EIM

(sing a song of SCAM SCAM SCAM SCAM .................sheesh.....what a bunch of hooey!) Heh posted by a NEWBIE with 2 posts ..yeah you be legit as heck (NOT!)

but then again looking at the above was a frigging laugh riot I must admit in the sense of an EPIC Fail!

[LimitedDev]

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.

What country if I may ask?