Cripes,I'm dumbfounded,, I left CEX to come here about 3 months ago and was making over 6 dollars a block.
At that price I needed 2+ blocks to cover my power costs. now I need just over 4 blocks to cover my nut.
When the hashing skyrocketed a few days ago I would have need 10 blocks to break even.
With the historical average being 4-5 or 5-6 depending on whos doing the math this place has suddenly gone by the wayside.
With just over $3.00 a block there is no way I can make money here anymore.
So unless BTC jumps dramatically I'm afraid our days are done here.
My suggestion to everyboby here is to take a good look at your costs and be honest with yourself.
Are you REALLY making a profit or just hoping things will get better.
If the huge hash jump last weekend is any indication as to what is about to happen when these monster machines come on line next month
I think you better start getting your E-bay ads ready, I know I am.
Later
Bob
Topic: [4+ EH] Slush Pool (slushpool.com); Overt AsicBoost; World First Mining Pool - page 237. (Read 4382653 times)
September 15, 2014, 05:44:47 PM
September 15, 2014, 05:22:58 PM
Anybody who may want to contract for GH/s, let me know. I've found a good source and can probably work a deal for you. Just PM me if interested.
September 15, 2014, 03:44:44 PM
For Slush, Is there a failover or secondary pool like in Eu or somewhere to add to my secondary pool information? I do not really want to failover into a pool I'm not interested in farming at. If not would some give me recommendations on places that are ok as failovers. The one I was using. paid out every .01 (example only) but only did .01 left the change in the pools account until I manually withdrew the change, and charged me for it. Slush pays out full balance when it meets threshold, I want another place similar.
September 15, 2014, 12:05:03 PM
zzzzzzzzzzzzzzzzzzzzz... Go go Slush 
September 15, 2014, 10:20:22 AM
Go go Slush's
it's really quiet...
it's really quiet...
September 15, 2014, 10:14:20 AM
sorry guys, i brought the long blocks with me. reverse midas at its finest 
not you again!
ha! yeah, sorry it's me. i promise to try and bring the quick blocks this time.
September 15, 2014, 09:49:25 AM
Salut à tous
September 15, 2014, 06:25:37 AM
This is bad very bad
14 hours .......so rough 
LOL - you will end up driving yourself crazy watching blocks solve - you would probably be better off watching paint dry
You're probably right - paint would be less frustrating!
Those 9700TH of a few days ago would be very useful right now. 
September 15, 2014, 02:35:25 AM
Yea :p. I recently bought 2 s1s. Been brining in a sweet profit bought 2 for $340 CAD. BOUGHT another 9 s1s with 7 PSUs. 3 miners for 340 cad the rest of the miner are basically on loan. But will give me about 2.4Th/s.
I pay about .08ckw/h but run em on free electrcitiy as well.
But iv thought about just buying them make money faster
I pay about .08ckw/h but run em on free electrcitiy as well.
But iv thought about just buying them make money faster
upgrade those to S1 to S3 that's like 3.5 th with a power draw around 3740 watts or so my math might be wrong on the watts but its close i think the 278 $ or so per kit is well worth it or use bit coins.
. Then wait for the S4 next years which more then likely we won't see till next year or in Dec if then . o yea I'm gonna get a L1 as well . I don't just farm one type of coin . imo if you do you won't get any were .
and my S3 I'l have should hold me till the S4 comes out, i did think about the spondoolies sp20 home miner but if i wait till the S4 come out I'm sure they will use less power be faster then the spondoolies sp20 home and cost way less.
also I'm glad it is harder now we get to see the true farmers etc its no longer a easy buck, it should have been that way all long, it more worth it now then it ever was . and at some Point soon hardware will slow down it all ways does. but that's my 2 cs worth which means jack but how i see it .
If i did my math right i have one S3 on order and 4 S1 ones atm I'll be at like 2.2 th at normal clocks once i upgrade, if i decide to go out and buy water cooling ( and the water cooling is not that bad as some say if you know how to i build it i have built a few for my videos cards and PC
. for those old S1 boards that another 800 GH added back which i know I won't do, may even try to sell off the old S1 boards super cheap .In Maryland atm we only pay 0.09 cents per kw/h which won't be going up for at least two more years were locked in to that plan and may get solar panels on top of that . most of us in Maryland don't pay any more then 10 cents per Kw/h up to around 13 C. some even pay less in my area. is not just Washington state etc. from what Ive seen most of the US has really cheap Power compared to over seas .
WTF?
September 15, 2014, 02:33:04 AM
sorry guys, i brought the long blocks with me. reverse midas at its finest
not you again!
September 15, 2014, 12:50:15 AM
I'm pulling the plug, sorry guys's! Any Dutch miners interesed in buying my mining gear: got 4 Antminer S3 and 14 Antminer S1 on sale.
September 14, 2014, 11:06:46 PM
This is bad very bad
14 hours .......so rough LOL - you will end up driving yourself crazy watching blocks solve - you would probably be better off watching paint dry
Just remember - we had a 24+h block not that long ago...
September 14, 2014, 09:46:49 PM
This is bad very bad
14 hours .......so rough LOL - you will end up driving yourself crazy watching blocks solve - you would probably be better off watching paint dry
September 14, 2014, 09:40:09 PM
This is bad very bad
14 hours .......so rough LOL - you will end up driving yourself crazy watching blocks solve - you would probably be better off watching paint dry
September 14, 2014, 09:23:10 PM
This is bad very bad
14 hours .......so rough September 14, 2014, 09:00:50 PM
This is bad very bad
September 14, 2014, 05:31:44 PM
sorry guys, i brought the long blocks with me. reverse midas at its finest
September 14, 2014, 05:04:01 PM
It's down to 5500TH now, which is about 1000TH less than prior to the spike.
Down to 4758TH now, which is less than half of what it was a couple of days ago. Difficulty up to 29,829,733,124 as well.
I can't say I like these 9+ hour blocks, but I suppose we'll have to get used to them now.
Better not if this becomes the norm then we are all out of business , no way can anyone make money like this..
only power hashers on solar
September 14, 2014, 04:58:54 PM
It's down to 5500TH now, which is about 1000TH less than prior to the spike.
Down to 4758TH now, which is less than half of what it was a couple of days ago. Difficulty up to 29,829,733,124 as well.
I can't say I like these 9+ hour blocks, but I suppose we'll have to get used to them now.
Better not if this becomes the norm then we are all out of business , no way can anyone make money like this..
September 14, 2014, 04:32:10 PM
It's down to 5500TH now, which is about 1000TH less than prior to the spike.
Down to 4758TH now, which is less than half of what it was a couple of days ago. Difficulty up to 29,829,733,124 as well.
I can't say I like these 9+ hour blocks, but I suppose we'll have to get used to them now.
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