XinXan (OP)
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February 13, 2015, 04:30:09 PM |
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If so what websites would you recommend
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notlist3d
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Merit: 1000
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February 13, 2015, 05:29:41 PM |
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I don't know if one specific site will show this or not.
It will depend a lot on what your electricity price is. Are you paying vat or free import etc. It is different for most people.
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XinXan (OP)
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February 13, 2015, 05:33:33 PM |
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I would actually want to know about buying hash power so someone else mines for you
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philipma1957
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'The right to privacy matters'
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February 13, 2015, 05:48:11 PM Last edit: February 13, 2015, 05:58:28 PM by philipma1957 |
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look at my signature. westhash and nicehash can be used one for the western hemisphere one for the eastern hemisphere. any time you can rent cheaper then current pay rate it is a good deal. this site will pay you 0.0108 a th so if you rent from here to mine above you can make a profit if price is the blue light ones
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geenspam
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February 13, 2015, 06:51:17 PM |
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you can make a profit if price is the blue light ones
Just so I know I understand this right: Nobody (buyers) in white is making a profit (current miners and queue)... you could make a profit if your order would be picked up at the blue price (while waiting in queue for that same price). These ppl (white) paid, some even still wait, to lose btc/money? huh?
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PolarPoint
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February 13, 2015, 06:57:26 PM |
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Those who buys powerful expensive miners and have free electricity can make small profit. Some mine new alts and wait for pumps, but it is not profitable anymore for most of us.
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XinXan (OP)
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February 13, 2015, 07:52:16 PM |
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Those who buys powerful expensive miners and have free electricity can make small profit. Some mine new alts and wait for pumps, but it is not profitable anymore for most of us.
So is not really worth it to invest in mining unless you mine new coins that can rise up
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enryk
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Merit: 100
GreenCoin
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February 13, 2015, 11:47:41 PM |
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If so what websites would you recommend
It seems you mean cloudmining and not mining yourself. As for cloudmining it depends. Not all are. On some you get ROI is around 4-5 months and price could be much different then, so that would be a major deciding factor uf you want to block your money. Terabox however allows you to sell your contract in between which is good.
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XinXan (OP)
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February 14, 2015, 07:55:13 AM |
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If so what websites would you recommend
It seems you mean cloudmining and not mining yourself. As for cloudmining it depends. Not all are. On some you get ROI is around 4-5 months and price could be much different then, so that would be a major deciding factor uf you want to block your money. Terabox however allows you to sell your contract in between which is good. Yes thats what i mean but cloudmining is only fot famous coins right? You wont be able to mine really new ones
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philipma1957
Legendary
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Activity: 4270
Merit: 8672
'The right to privacy matters'
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February 14, 2015, 11:48:12 PM |
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you can make a profit if price is the blue light ones
Just so I know I understand this right: Nobody (buyers) in white is making a profit (current miners and queue)... you could make a profit if your order would be picked up at the blue price (while waiting in queue for that same price). These ppl (white) paid, some even still wait, to lose btc/money? huh? no you don't know what they are mining and you do not understand how to use the information I gave to you correctly.
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Melds
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Activity: 205
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Investor / Trader / Analyst
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February 18, 2015, 01:14:12 PM |
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look at my signature. westhash and nicehash can be used one for the western hemisphere one for the eastern hemisphere.
any time you can rent cheaper then current pay rate it is a good deal.
this site will pay you 0.0108 a th
Nice, didn't know about this.
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nwfella
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Well hello there!
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February 18, 2015, 06:38:04 PM |
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If so what websites would you recommend
No it isn't. Majority of cloud mining sites are ponzi's. Those that aren't ponzi's are shutting down due to non profitability. Better to just throw your money straight into purchasing BTC if your really wanting to gamble.
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¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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MCHouston
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February 18, 2015, 06:47:15 PM |
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Yes it is still profitable depending on equipment and power costs. You may have to buy in bulk on both hardware and electricity to get an ROI around 180 days or less, but this is very doable to still make money.
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BTC 13WWomzkAoUsXtxANN9f1zRzKusgFWpngJ LTC LKXYdqRzRC8WciNDtiRwCeb8tZtioZA2Ks DOGE DMsTJidwkkv2nL7KwwkBbVPfjt3MhS4TZ9
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randy8777
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February 24, 2015, 04:00:38 PM |
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i was planning to buy myself an antminer but decided not to do it. power costs are way too high here. i only buy bitcoin. for me it is the best option.
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sidehack
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Curmudgeonly hardware guy
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February 24, 2015, 04:19:23 PM |
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What's your power cost? If you want to mine, hosting could be an option.
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chaosknight
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February 27, 2015, 07:14:25 PM |
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you can try calculating using online mining calculator put your hashrate, electricity cost and investment
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XinXan (OP)
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February 27, 2015, 08:02:36 PM |
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you can try calculating using online mining calculator put your hashrate, electricity cost and investment
The profitability seems really low by myself or no profitability at all, but i was wondering about mining new coins even if it is only for a day they probably are profitable at least some of them
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sidehack
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Curmudgeonly hardware guy
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February 27, 2015, 08:15:34 PM |
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The temporary profitability of altcoins is based on the less-than-temporary unprofitability of them. A large group of people briefly ascribe value to them, then the few who hold the most sell their stashes, collapse the value and walk away. Mining an altcoin because it's briefly profitable is basically paying the electric company to let you rob some of their fellow customers. Regardless if those customers are idiots, it's still approximately theft.
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XinXan (OP)
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February 27, 2015, 08:21:07 PM |
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The temporary profitability of altcoins is based on the less-than-temporary unprofitability of them. A large group of people briefly ascribe value to them, then the few who hold the most sell their stashes, collapse the value and walk away. Mining an altcoin because it's briefly profitable is basically paying the electric company to let you rob some of their fellow customers. Regardless if those customers are idiots, it's still approximately theft.
You could argue that trading bitcoins is the same since if someone wins money means that someone lost money
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