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[mercurye]

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.

But why would the Chinese miners want to sell at a lower price? In a free market, wouldn't any miner hold out for better prices?

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[kano]

Actually those posts are, to be blunt, crap.

There are specific companies and entities that hold a large amount of BTC, though at the moment most of them are 'in China'.

Please try to avoid looking like you are complete racists

[mercurye]

Yup, thats what I am saying that economic market forces should make sense in a free market. As opposed to saying that some country/person/company is responsible for it.

Noted on the large holders, but I still can't figure why the supply at low prices are not drying up.

[dutchlincoln]

Yup, thats what I am saying that economic market forces should make sense in a free market. As opposed to saying that some country/person/company is responsible for it.

Noted on the large holders, but I still can't figure why the supply at low prices are not drying up.

My small uneducated and not experienced guess is that there are still enough people that bail out because they OR need the money, OR completely have lost faith and step out.

I have to admit that i get grumpy also when i mine the hell out of it, and see my portofolio only drop in value while adding coin(s).
To me, most fun of it IS gone... And i do it for fun and profit, i dont need the money. So i can imagine there are a lot where the water level reaches higher to the lips, and bail out...

[mercurye]

Yup, thats what I am saying that economic market forces should make sense in a free market. As opposed to saying that some country/person/company is responsible for it.

Noted on the large holders, but I still can't figure why the supply at low prices are not drying up.

My small uneducated and not experienced guess is that there are still enough people that bail out because they OR need the money, OR completely have lost faith and step out.

I have to admit that i get grumpy also when i mine the hell out of it, and see my portofolio only drop in value while adding coin(s).
To me, most fun of it IS gone... And i do it for fun and profit, i dont need the money. So i can imagine there are a lot where the water level reaches higher to the lips, and bail out...

Bail out to a small degree, but the hash rate keeps going up. So there is huge investment coming in too. Bigger players getting bigger and the small fish getting hammered.

[Ze777]

Just hope for the best,and if your individual situation allows it,don`t give up!
I had to stop my really small hashrate,hopefully back up in a few days,electrical improvements,cooling improvements,it`s extensive work even to take care of my miserable 5TH that has been on and off in parts the last months,but i`m still not backing out!
The only thing i can keep on right now is a D3 that`s got 13 gigs outta 19 (bought it and after a week it stopped reading the 3rd Chain,meh,no idea what to do about that,any advice? > the hashboard isnt burned,i think its the beagle not reading it,cause it went back up to 19 at some point)
It`s so annoying to see the miners on the shelf and powered off,but hey  
TO THE MOON!

UPDATE:
Got the D3 from that mining farm near my country house i was talking about.
The owner doesnt have any SHA miners,just a few D3-s and a whole bunch of rigs mining ETH,kind of a dissapointment really

[gigahashes]

Hi All,
My first post on here,
Not mined for over a year, I have one Bitmain Coupon for $100, expires 01.07.2018, free to first person who PM's me with Bitmain user ID who already mines on Kano.is this coupon is valid for 1 week only.

Good luck to all on here

[Ze777]

Okay,so i just met a guy...
All good stories start with that sentence

I saw some pictures how this dude managed his chicken farm with one Magravs Power Plasma Generator, 3 Kilowatts with a Schuko adapter,free power,uses it for the incubators.
I might go ahead and order one of these bad boys at some point
Do any of you have any experience with this item ?
Costs like 2000 euros ,guaranteed for 2 years.

[Shazam!!!]

How many of you would be interested in a Kano Pool sticker?
4in x 4in (101mm x 101mm) with the image in the link below.
$6usd or BTC equivalent, cost will include shipping.
Proceeds will go towards Paid Pool Promotions online.
Kano himself, has given me permission to run this Promotion.
I would like to get an idea of how many to make.
Please PM me directly on here or the Kano Pool discord thread if you're interested.
(no need to clutter this feed)
https://bitcointalk.org/index.php?topic=789369.msg37007141#msg37007141

[noquedaeltiempo]

Okay,so i just met a guy...
All good stories start with that sentence

I saw some pictures how this dude managed his chicken farm with one Magravs Power Plasma Generator, 3 Kilowatts with a Schuko adapter,free power,uses it for the incubators.
I might go ahead and order one of these bad boys at some point
Do any of you have any experience with this item ?
Costs like 2000 euros ,guaranteed for 2 years.

Is this product related to this?: https://www.youtube.com/watch?v=F4OOw22hKR4

[Ze777]

Okay,so i just met a guy...
All good stories start with that sentence

I saw some pictures how this dude managed his chicken farm with one Magravs Power Plasma Generator, 3 Kilowatts with a Schuko adapter,free power,uses it for the incubators.
I might go ahead and order one of these bad boys at some point
Do any of you have any experience with this item ?
Costs like 2000 euros ,guaranteed for 2 years.

Is this product related to this?: https://www.youtube.com/watch?v=F4OOw22hKR4

Hahaha it just might be 

https://store.keshefoundation.org/store/

[suchmoon]

Okay,so i just met a guy...
All good stories start with that sentence

I saw some pictures how this dude managed his chicken farm with one Magravs Power Plasma Generator, 3 Kilowatts with a Schuko adapter,free power,uses it for the incubators.
I might go ahead and order one of these bad boys at some point
Do any of you have any experience with this item ?
Costs like 2000 euros ,guaranteed for 2 years.

Not sure if you're serious but it's a scam produced by a dude who also claims to be able to cure AIDS etc.

[Ze777]

Okay,so i just met a guy...
All good stories start with that sentence

I saw some pictures how this dude managed his chicken farm with one Magravs Power Plasma Generator, 3 Kilowatts with a Schuko adapter,free power,uses it for the incubators.
I might go ahead and order one of these bad boys at some point
Do any of you have any experience with this item ?
Costs like 2000 euros ,guaranteed for 2 years.

Not sure if you're serious but it's a scam produced by a dude who also claims to be able to cure AIDS etc.

Planning on being serious only if it`s in my hands and real as can be,of course otherwise its just silly speculation

[daveydod]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

[Shazam!!!]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

Welcome!!! Take some time and read back through the last ~50 pages. You'll find many answers to questions that are
asked frequently. Goodluck!!!

[kano]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

Well the numbers on the Blocks page show what happens here
Luck goes up and down but in the long run works out fine.
Welcome aboard and hopefully some good luck with those miners here - 9 S9's is plenty of hash rate

[rifleman74]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

welcome aboard!


MINE ON WITH KANO-SAN!

[MKMiners]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

Welcome aboard mate. You are having thrice my hashrate, so indeed a big miner than me

[Maus44]

Alright Kano.  I made the switch.  I'm not a big miner but I just kept seeing less and less return with Nicehash.  You guys can thump my skull for staying so long on there if you want.  It will be hollow.

I've only got 9 S9's but they're all pointing to your pool.

Here's good luck to all of us.

Welcome aboard! You have 1 more S9 than me 

[hoangtu20182018]

Hi dear. It veri great. I want to join.