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Fahlcor (OP)
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December 15, 2014, 10:10:09 PM
Last edit: December 17, 2014, 04:25:00 AM by Fahlcor |
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Did someone forget to move the decimal over or? http://www.miningrigrentals.com/register?ref=5779 get into the rental game now. I have had my miners making 10x for over 24 hours. I don't know why or how but the sites are paying. Anyone know where all the miners are being rented for? Or what they are mining? |
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philipma1957
Legendary
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Activity: 4158
Merit: 8042
'The right to privacy matters'
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December 15, 2014, 10:16:39 PM
Last edit: December 16, 2014, 08:25:51 AM by ckolivas |
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xstr8guy
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December 15, 2014, 10:28:49 PM |
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I'm selling my hash on Westhash/Nicehash right now too. They're currently paying out 670% over regular BTC earnings, lol. Coin-swap.net has XPY (Paycoin) trading at over $10 (0.030 BTC). I mined them for awhile but thought it was just wiser to sell my hash rather than mine a soon-to-be worthless scam coin.  |
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mavericklm
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December 15, 2014, 10:35:54 PM |
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Is this a bubble? this coin  Pin # Confirm Pin Any idea on this pin number? |
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xstr8guy
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December 15, 2014, 10:59:18 PM |
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Is this a bubble? this coin Pin # Confirm Pin Any idea on this pin number? It's just people speculating on another scam coin. Presumedly, it has a very short POW stage of 500,000 coins. But people don't realize that many millions were pre-mined. |
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mavericklm
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December 15, 2014, 11:04:36 PM |
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got it! Check your pm pls  |
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philipma1957
Legendary
Offline
Activity: 4158
Merit: 8042
'The right to privacy matters'
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December 15, 2014, 11:48:58 PM |
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Is this a bubble? this coin Pin # Confirm Pin Any idea on this pin number? It's just people speculating on another scam coin. Presumedly, it has a very short POW stage of 500,000 coins. But people don't realize that many millions were pre-mined. yeah I have a little of it. but getting .7 or .8 btc a day for sure vs .1 btc is what I am doing. I rather do 5 days of .8btc = 4 btc as a certainty then hope that 750 coins will really be 10,000 usd. If the coins pan out I will have a few of them 10 or so plus some gaw cloud gear worth a total of 300-400. So my method gives me a certain 1500 usd maybe 2000 usd vs a maybe 10,000 usd. I have no regrets mining this way. |
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xstr8guy
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December 16, 2014, 02:40:40 AM |
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Is this a bubble? this coin Pin # Confirm Pin Any idea on this pin number? It's just people speculating on another scam coin. Presumedly, it has a very short POW stage of 500,000 coins. But people don't realize that many millions were pre-mined. yeah I have a little of it. but getting .7 or .8 btc a day for sure vs .1 btc is what I am doing. I rather do 5 days of .8btc = 4 btc as a certainty then hope that 750 coins will really be 10,000 usd. If the coins pan out I will have a few of them 10 or so plus some gaw cloud gear worth a total of 300-400. So my method gives me a certain 1500 usd maybe 2000 usd vs a maybe 10,000 usd. I have no regrets mining this way. I wasn't suggesting that your were one of the crazy speculators, lol. I just mean the people who are paying so much to rent rigs to mine Paycoin. I'm doing pretty much the same as you... renting out some of my gear on Westhash and mining some XPY as well. I'll exchange some of the XPY to BTC right away and hold some (very little) for a while just in case it explodes. |
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Fahlcor (OP)
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December 16, 2014, 03:49:21 PM |
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Looks like the prices are dropping on the rentals now slowly. how does paycoin actually compare to BTC?
I have read some about them but I would be interested in a real person saying how they compare...
Thanks
Fahlcor
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Fahlcor (OP)
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December 16, 2014, 03:52:58 PM |
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got it! Check your pm pls Can I get a PIN also pls... Thanks |
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notlist3d
Legendary
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Activity: 1456
Merit: 1000
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December 16, 2014, 04:48:45 PM |
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Looks like the prices are dropping on the rentals now slowly. how does paycoin actually compare to BTC?
I have read some about them but I would be interested in a real person saying how they compare...
Thanks
Fahlcor
If you look at their site it shows this. They show being able to use the coin in a debit card like way linked to account. You could spend anywhere almost. If it all happens no one knows. But lots of speculation, especially on price. |
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Fahlcor (OP)
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December 16, 2014, 05:32:09 PM |
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Looks like the prices are dropping on the rentals now slowly. how does paycoin actually compare to BTC?
I have read some about them but I would be interested in a real person saying how they compare...
Thanks
Fahlcor
If you look at their site it shows this. They show being able to use the coin in a debit card like way linked to account. You could spend anywhere almost. If it all happens no one knows. But lots of speculation, especially on price. Well I have made nearly 10 days worth of btc in 1 day renting my gear out I might as well try mining it for a day... Why aren't more retailers using bitpay to take btc? seems like the perfect fit for retailers to get on a new currency without any effort. Fahlcor |
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polymer_city
Member
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Activity: 98
Merit: 10
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December 16, 2014, 08:31:32 PM |
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I've had to jump on this bandwagon....
Pimping out my 16th like a cheap whore....
Why not....
Just hope it's going to be more profitable than mining the coin!
Anyone know how many paycoins you expect to mine per th/s?
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polymer_city
Member
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Activity: 98
Merit: 10
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December 16, 2014, 11:04:43 PM |
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according to coinwarz its much better to mine than rent!! 3btc in 24hrs its saying?!! can only hope...
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mavericklm
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December 16, 2014, 11:13:22 PM |
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according to coinwarz its much better to mine than rent!! 3btc in 24hrs its saying?!! can only hope...
with what? usb miner? 20 sp35? |
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Fahlcor (OP)
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December 17, 2014, 04:22:44 AM |
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It all depends what happens with the coin after the weekend.
right now the coins are not worth much. I'm guessing everyone is just pre-mining them and hoping for the $20 payout to start.
I guess if that is the worst case it is still a good option. Worst case you rent and take the 5x profit and know you are safe and have coins you can use. Best case they hit $10k and you get non. ;-)
I'm really hoping that they don't hurt the price of BTC.
Fahlcor
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polymer_city
Member
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Activity: 98
Merit: 10
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December 17, 2014, 06:52:45 AM |
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I've mined 17 in about 6-7 hours with 16th.
I rented 16th out for about 4/5 hours and got 0.24.
Those 17 are worth about 0.4 btc at the mo.
As long as the price doesn't do what Bitcoin is doing, mining them might be a good idea!
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polymer_city
Member
Offline
Activity: 98
Merit: 10
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December 17, 2014, 06:54:02 AM |
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according to coinwarz its much better to mine than rent!! 3btc in 24hrs its saying?!! can only hope...
Coinwarz was going mad, 16th now is saying 1.2 btc daily. |
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nicehash
Legendary
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Activity: 885
Merit: 1006
NiceHash.com
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December 17, 2014, 08:55:01 AM |
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according to coinwarz its much better to mine than rent!! 3btc in 24hrs its saying?!! can only hope...
Coinwarz was going mad, 16th now is saying 1.2 btc daily. PayCoin mining is a bit of a gamble since PayCoin network hashrate and block findings fluctuates a lot (it is a game for those who want to risk a bit) ... your safest bet would be to use our multipool and get a stable income with pure PPS system. https://www.nicehash.com/index.jsp?p=stats (SHA256 tab) https://www.nicehash.com/index.jsp?p=gstarted#sellerNiceHash.com |
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