Steamtyme
Legendary
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Activity: 1554
Merit: 2037
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June 22, 2018, 04:09:33 AM |
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Nice, they'll be even nicer when my extra 741's show up next week.
Found someone holding an unused pallet. Their sales dried up after the FOMO, so I got 3 at a decent price
Keep the blocks coming
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BSGMiner
Member
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Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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June 22, 2018, 10:31:53 AM |
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BTClock of the morning to ya! BTCig BTClock weekend has officially arrived!!! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance***
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clgrissom3
Legendary
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Activity: 1722
Merit: 1032
Carl, aka Sonny :)
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June 22, 2018, 01:24:18 PM |
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Block by sidewinder!
Yay block! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is our 1st of BLOCK FRIDAY! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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MKMiners
Newbie
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Activity: 43
Merit: 0
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June 22, 2018, 01:29:20 PM |
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Block by sidewinder!
Yay block! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is our 1st of BLOCK FRIDAY! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Yah, let's get 1-2 more under the belt before Friday goes over...
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A.Delaney
Member
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Offline
Activity: 266
Merit: 13
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June 22, 2018, 05:25:28 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
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rifleman74
Member
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Offline
Activity: 658
Merit: 21
4 s9's 2 821's
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June 22, 2018, 06:00:14 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Time to make some choices....
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Shazam!!!
Full Member
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Activity: 350
Merit: 158
#takeminingback
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June 22, 2018, 08:26:31 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship.
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Click these links to learn some truth about Big Corporate mining pools stealing your money and centralizing BTCitcoin!!! Help support the BTCitcoin community!!! Mine your BTCitcoin at a non-Corporate pool!!! BTC: 1ShazamjsPnpWDNnk3n2tAiKGMdXaSjay
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ccgllc
Copper Member
Full Member
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Activity: 658
Merit: 101
Math doesn't care what you believe.
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June 22, 2018, 08:44:37 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship. Happen to know what the relative difficulty was this time last year? e.g. 1/3rd of what it is today? I'm just curious what the difficulty-adjusted price was this time last year vs. today.
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Mined for a living since 2017. Dabbled for years before that. Linux admin since 0.96 kernel and Slackware distributions on (4) floppies...
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swanny88
Newbie
Offline
Activity: 103
Merit: 0
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June 22, 2018, 09:09:37 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship. Happen to know what the relative difficulty was this time last year? e.g. 1/3rd of what it is today? I'm just curious what the difficulty-adjusted price was this time last year vs. today. It's nine days away but next difficultly looks like it's going to go up between 5 and 10 percent. These are difficult days to be a miner.
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rifleman74
Member
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Offline
Activity: 658
Merit: 21
4 s9's 2 821's
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June 22, 2018, 09:10:05 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship. Happen to know what the relative difficulty was this time last year? e.g. 1/3rd of what it is today? I'm just curious what the difficulty-adjusted price was this time last year vs. today. Probably was less than that a year ago.
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Yrth
Member
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Offline
Activity: 123
Merit: 21
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June 22, 2018, 09:40:32 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship. Happen to know what the relative difficulty was this time last year? e.g. 1/3rd of what it is today? I'm just curious what the difficulty-adjusted price was this time last year vs. today. It was Jun 17 2017 711,697,198,173 About 1/7th of what it is now.
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swanny88
Newbie
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Activity: 103
Merit: 0
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June 22, 2018, 10:20:40 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Tis the nature of the beast. Trade volume needs to increase before this consolidation period will break. We may see it go much lower before an initial push upward. At that point, older hardware is most definitely obsolete without almost free electricity, and many people paying ~0.10kwh will be mining at a loss, to hodl their rewards. NOTE: This is not the first time in the history of Bitcoin miners have been in this situation. Also, last year at this time Bitcoin price was at ~$2,400usd and dropping enough that people were jumping ship. Happen to know what the relative difficulty was this time last year? e.g. 1/3rd of what it is today? I'm just curious what the difficulty-adjusted price was this time last year vs. today. It was Jun 17 2017 711,697,198,173 About 1/7th of what it is now. Just think, it could go up by 711,697,198,173 in nine days...lol It's crazy
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BSGMiner
Member
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Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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June 22, 2018, 10:47:15 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
I have an Avalon6. Mine is no longer profitable. MINE ON (ANYWAY)!!!
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance***
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BSGMiner
Member
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Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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June 22, 2018, 10:58:05 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Time to make some choices.... In a year from now, people will be saying exactly what they were saying a few short months ago: "Ugh! I wish I would've started mining when BTC was a fraction of what it is now! If only I would've had the foresight to see it was about to skyrocket! Miners are sooo cool, but I'm a stoopit loser for not being smart like them! Whaaa!!!" <Falls to ground in the fetal position sobbing uncontrollably> Ha! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We can dream, can't we?
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance***
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A.Delaney
Member
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Offline
Activity: 266
Merit: 13
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June 22, 2018, 11:22:13 PM |
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I refuse to pull the plug at this point and I won’t sell my miners. However if it gets around 3k I’ll just buy it.
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BSGMiner
Member
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Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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June 22, 2018, 11:25:21 PM |
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I refuse to pull the plug at this point and I won’t sell my miners. However if it gets around 3k I’ll just buy it.
The only reason why I don't just buy is the paper trail. Unless I'm missing something, I feel like it's defeating the privacy factor.
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance***
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kano (OP)
Legendary
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Activity: 4578
Merit: 1851
Linux since 1997 RedHat 4
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June 22, 2018, 11:27:50 PM |
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This low price of BTC is sucking. I need 25 blocks per month at this price to equal my electric bill.
Time to make some choices.... In a year from now, people will be saying exactly what they were saying a few short months ago: "Ugh! I wish I would've started mining when BTC was a fraction of what it is now! If only I would've had the foresight to see it was about to skyrocket! Miners are sooo cool, but I'm a stoopit loser for not being smart like them! Whaaa!!!" <Falls to ground in the fetal position sobbing uncontrollably> Ha! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We can dream, can't we? That happens every so often - and has happened a number of times over the past 9 years ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The first big 'bubble' early 2011 was to around $30, then before the end of that year it was a down to $2 ... The price goes up and down - and up and down and up and ...
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mercurye
Newbie
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Activity: 51
Merit: 0
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June 23, 2018, 12:54:07 AM |
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At what price do the large miners sell % over the cost of production? That would be the main supply of new coins. I can't understand why market prices can be sold at cost of production. If large miners were to hold out for 50% of margins, prices would jump. However that is not happening. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Vlada69
Jr. Member
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Activity: 238
Merit: 5
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June 23, 2018, 02:17:56 AM |
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At what price do the large miners sell % over the cost of production? That would be the main supply of new coins. I can't understand why market prices can be sold at cost of production. If large miners were to hold out for 50% of margins, prices would jump. However that is not happening. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Out of 17 million dug out so far, 50% of it are in control of Chinese. Take a wild guess who is controlling the market and the price.
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BSGMiner
Member
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Offline
Activity: 490
Merit: 16
1xA921 + 1xA741 + Backup-->1xA6 ;)
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June 23, 2018, 03:10:23 AM |
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At what price do the large miners sell % over the cost of production? That would be the main supply of new coins.
I can't understand why market prices can be sold at cost of production. If large miners were to hold out for 50% of margins, prices would jump. However that is not happening.
Out of 17 million dug out so far, 50% of it are in control of Chinese. Take a wild guess who is controlling the market and the price. What's more annoying is the market manipulation by all the speculation, futures trading, etc. If I was in that business, I'd demand taking delivery of every won future contract just like I would for all the precious metals. It's a scam! They don't have that silver, gold, or BTC! They just buy it out when they realize they lost that wager on their long/short sell. What a racket! <Steps away from soap box>
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The BTCest mining pool (<1% fee): KanoPool***PPLNS rewards averaged over the 5Nd to reduce variance***
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