Slush pool is doing great considering the recent difficulty and hash power increases!
And now lots of luck hunters have gone, our find rate will increase - always happens...
Indeed. I tend to "set it and forget it" when it comes to my
BTC miners and Slush pool.
So long as they are still mining and being reported on my dashboard, I am cool.
Every pool has their luck, whether good/bad/indifferent, lol.
Patience is a BIG part of mining, even when mining gold, diamonds and platinum...takes time to uncover those rich veins hidden by layers upon layers of rock!
That's my approach now as well. Never expected to become obsessed or spend so much time on this. Time is money as well so I need to back off. Since I started with 30G, moved to 180, now I have 1.2T I am in the honeymoon phase of actually scoring "big" (haha).
Haha good luck man. I had much lweor hash last year and I used to make like .01 a day but then it started dwindling to like .0001 per night and then it basically became too frustrating and useless to mine so I gave up. Just know that your hardware is going to slowly become obsolete and the difficulty will keep going up so don't think the profits will last forever. Good luck!
I hear ya, haven't seen my electric bill yet but getting about .006 a day so this may end up as a hobby, thanks, as I could easily get wrapped up obsessed with more power, probably end the expense here.
Oops .006 a round, about 5-7 rounds a day. So steady at about .03 a day for now.
Upgrading with cash is a pain. First you have to have to cash, then for some companies like Bitmaintech, you have to convert the cash to Bitcoins to place your order, all of which takes a little time and stress. BTCJam is an alternative. You can get a loan for a few bitcoins and order new miners, with the plan to pay back the loan with your increased earnings. I would never do that with a pre-order company like Butterfly, but I would for companies like Bitmaintech. I ordered 8 of the new S3 miners with loans from BTCJam, and got money for 6 of them on BTCJam. 4 have arrived already and the next 4 will be here Monday. As a plus, the S1's still have some value, and I sold all 7 of mine on Craigslist for about $800.
For what it is worth, I have now purchased a total of 15 miners from them factory direct from China, and they all have shipped when promised. It is almost as addictive tracking shipments on UPS and watching them go from China to Alaska to Kentucky to Atlanta, as it checking stats on Slush :-)
I highly recommend the S3. The 4 I have are running very well, each getting about 440 GH/s. Batch 4 is already sold out but Batch 5 is open and will ship August 7th +/-.
I don't have a relationship with Bitmain or BTCJam, that is just what I did to keep my mining meaningful. It will take me from 2 TH/s, which barely pays the electric bill now, to ~5 TH/s, which will (the missing 1 TH/s is from 1 S2), plus pay the BTCJam loans (key to pay back early while 5 TH/s makes money), and have a little extra to invest on BTCJam for future use.
Now if I can just find someone to buy the S2 ....
