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Question: How long do you think it will be before you reinvest in new mining gear?  (Voting closed: August 08, 2012, 04:02:59 AM)
1 month - 4 (22.2%)
2 to 4 months - 5 (27.8%)
6+ months - 4 (22.2%)
Waiting on a specific GPU/hardwear to come out. - 4 (22.2%)
Never again. - 1 (5.6%)
Total Voters: 18

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Author Topic: How long before you reinvest in mining hardware?  (Read 771 times)
Quantus
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May 10, 2012, 04:02:59 AM
 #1



I am a very small time miner. only running 860 mh/s.
 

If Bitcoin survives the winter Block reward halving I will look very closely at reinvesting. I now run off free power and no charge for stolen internet. so my only cost is hardware and risk.




(I am a 1MB block supporter who thinks all users should be using Full-Node clients)
Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us.
Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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May 16, 2012, 09:21:28 PM
 #2

You hashrate isn't that bad, and without paying for electricity you'll be able to reinvest that money in less than 5 months surely.

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May 17, 2012, 11:31:37 AM
 #3

I ran about 695mh but that was from the time that btc first came out. I'm going to be getting some 7970's soon though.

Sharecoin: SPyMuGW9JSWDfy5B6NKA9Btrc748EdXPqu
atomicswan27
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May 18, 2012, 05:54:00 AM
 #4

I usually make enough bitcoins in 2-4 months to buy better GPUs

Tip me for my hard work: 1Q9nyaePYxXhPx3mQFR5SJXobpedmzictG
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