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Topic: . - page 3. (Read 51026 times)

hero member
Activity: 812
Merit: 1001
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June 07, 2011, 11:17:22 AM
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legendary
Activity: 1974
Merit: 1029
June 07, 2011, 09:55:44 AM
Today and for the next few days until difficulty changes, which is currently 567358, statistical expectation for 1 Ghps mining rig is to earn 1.77 BTC.

Thanks for that. That's 1.77 BTC/day I assume.

I was considering your offer but I think I'm about to miss the boat:

1.77 BTC today, with the mtgox market at $18/BTC and 0.609 GBP/USD, is equivalent to 1.77 * 18 * 0.609 = 19.40 GBP. That makes for 19.40 * 30 = 582 GBP/month. Not very bad indeed.

But as soon as difficulty increases so that the reward gets as low as 1.22 BTC/day, earnings will be 1.22 * 18 * 0.609 * 30 = 401.208 GBP/month, which is essentially the same as the cost, thus killing the benefit. Yes, mtgox and GBPUSD will change, and they may make matters better or worse—that's beyond anyone's control though.

Mind you, I'm not trying to troll and I might be radically wrong at some point, in which case I'd be grateful if you (or anyone) pointed me where. But I honestly think it's not very wise to join this now... which is a pity.
newbie
Activity: 3
Merit: 0
June 07, 2011, 07:08:38 AM
Thank you, that was surprisingly simple to understand. Cheesy (Well said)
hero member
Activity: 812
Merit: 1001
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June 07, 2011, 06:31:28 AM
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newbie
Activity: 3
Merit: 0
June 07, 2011, 06:23:25 AM
Could you help a newb out - how do I interpret this table?
hero member
Activity: 812
Merit: 1001
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June 07, 2011, 01:33:04 AM
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hero member
Activity: 812
Merit: 1001
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June 06, 2011, 05:36:52 PM
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member
Activity: 113
Merit: 10
June 05, 2011, 06:47:35 PM
Hi Vladamir!

I started out last week @ 8.5 and have made back what I put in! Tongue

In the very near future I will be studying and no longer working full time so the $600AU a month is a bit steep, for me.

I'm not sure how low you can go; costs etc

If I paid $100/month a) On average how many BTC's would be mined and b) Is it cost effective for you?

Cheers.

PS: I could do $200 / Pushing $300 depending on the return.

I'm also interested in buying a contract, but in the $100 ($200 maximum) range. Maybe we could split a contract if a small option is not available?
member
Activity: 81
Merit: 10
June 04, 2011, 09:40:21 PM
Hi Vladamir!

I started out last week @ 8.5 and have made back what I put in! Tongue

In the very near future I will be studying and no longer working full time so the $600AU a month is a bit steep, for me.

I'm not sure how low you can go; costs etc

If I paid $100/month a) On average how many BTC's would be mined and b) Is it cost effective for you?

Cheers.

PS: I could do $200 / Pushing $300 depending on the return.
hero member
Activity: 812
Merit: 1001
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June 04, 2011, 08:45:18 PM
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hero member
Activity: 812
Merit: 1001
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May 27, 2011, 03:12:19 AM
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hero member
Activity: 812
Merit: 1001
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May 24, 2011, 10:03:15 AM
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hero member
Activity: 812
Merit: 1001
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May 20, 2011, 06:15:13 PM
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full member
Activity: 238
Merit: 100
May 20, 2011, 06:12:02 PM
Vladimir, are your contracts still available? I saw a post earlier in which you claimed the service was discontinued, I would like if there is still availability on the list, although I must ask if I can negotiate the minimum 4 month of the regular contract.
sr. member
Activity: 286
Merit: 250
May 20, 2011, 04:21:37 PM
I hope you received the mini wind tunnels well.  Cheesy
hero member
Activity: 812
Merit: 1001
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May 16, 2011, 12:19:51 PM
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sr. member
Activity: 286
Merit: 250
May 14, 2011, 12:46:37 AM
 Grin
hero member
Activity: 812
Merit: 1001
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May 13, 2011, 03:45:53 AM
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sr. member
Activity: 286
Merit: 251
May 12, 2011, 04:07:42 AM
Just wanted to say that I took out a mining contract with Vladimar, and ... for my own reasons had to invoke the cancellation clause before it started. (My creditors found me and wanted my shirt, aagh!)

Not a particularly nice thing to do to anyone really as he had presumably started to ready the contract, and yes, I admit it, I am a flippertygibbet.

Vladimir refunded my funds rapidly and without a murmur of protest. 

Just wanted to say thanks for a smooth transaction and for being so straightforward.

regards,

   Mark.
hero member
Activity: 812
Merit: 1001
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May 12, 2011, 03:28:04 AM
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