After mining on p2pool for several weeks without a payout, I have gone back to eclipsemc. I need to find a reliable pool that is resistent to ddos attacks. . .
I havent had any issues with btcguild.com
Topic: A case study in entry-level mining - page 7. (Read 53568 times)
I havent had any issues with btcguild.com
After mining on p2pool for several weeks without a payout, I have gone back to eclipsemc. I need to find a reliable pool that is resistent to ddos attacks. . .
Done.
I now have a table summarising my expenditure, balance, and hashrate on the first page.
The table looks fine in preview mode, but the columns aren't rendering nicely on the live page. Oh well.
I now have a table summarising my expenditure, balance, and hashrate on the first page.
The table looks fine in preview mode, but the columns aren't rendering nicely on the live page. Oh well.
Agreed, at the top of the OP you should have totals. Like, I invested 13 BTC and now have 7.8 BTC or whatever, to make the case against entry level mining a bit more clear to everyone
So you spent 13.95 BTC on block erupters which later sold for .35 BTC, so 13.6 cost after accounting for the sale. How much Bitcoin did you mine on them?
It would be super helpful to summarize you expenses and income on the first post.
It would be super helpful to summarize you expenses and income on the first post.
LogicalUnit, what is your current GH/s? I'm considering a 100 GH/s unit for now and possibly the BFL 600 GH/s in the short future. April / May looks like a huge drop off in profitability for everyone - regardless of your setup - big or small, it seems difficulty is driving profitability way down.
My 3 Blue Fury units average about 6.5 GH/s (I sold my ten block erupters). I'm a little disappointed with their performance -- they are below the 2.2 to 2.6 advertised range.
If you can get your hands on one of the Black Arrow Prospero X-1 units for $400, I would jump on it. I'm planning on selling my rig and getting one of those myself.
LogicalUnit, what is your current GH/s? I'm considering a 100 GH/s unit for now and possibly the BFL 600 GH/s in the short future. April / May looks like a huge drop off in profitability for everyone - regardless of your setup - big or small, it seems difficulty is driving profitability way down.
Stability Improvements
I've been having some issues with instability, and I'm pretty sure it's related to my wireless connection. I've rejigged my home network and the RPi now has a wired connection. Hooray!!
I've been having some issues with instability, and I'm pretty sure it's related to my wireless connection. I've rejigged my home network and the RPi now has a wired connection. Hooray!!
Hi LogicalUnit,
I have been following your mining blog, and learnt some things from your lessons. Following a similar path here, although started with GPUs, then BE's, then BF's and now augmented by some Drillbit miners (An Aussie product from Sydney!).
Enjoy your journey (and ignore the nay-Sayers).
Cheers
I have been following your mining blog, and learnt some things from your lessons. Following a similar path here, although started with GPUs, then BE's, then BF's and now augmented by some Drillbit miners (An Aussie product from Sydney!).
Enjoy your journey (and ignore the nay-Sayers).
Cheers
Quote
Yea, I kinda lose money mining.
Does anyone here dare to say they never lose money when mining?
AValon, BFL, KNC or cointerra never and never will earn you money.
But the point is that when I goto my garage I felt so happy spending all night tweaking and optimizing my gadgets.
Does anyone here dare to say they never lose money when mining?
AValon, BFL, KNC or cointerra never and never will earn you money.
But the point is that when I goto my garage I felt so happy spending all night tweaking and optimizing my gadgets.
HAHHAHAHHAHAHAHHAHAHHAHAHAHAHAHAHA I really did start laughing when I read this! so funny what people "know"
I got into mining for fun and to sell hardware, but yes, you can make money with those products. Not sure i would buy the next wave of 2Th machines... I would guess we will be at 5 billion by the end of 3rd q. would LOVE to be wrong tho
Sell, sell, sell
Just sold my 10 block erupters for 0.035 BTC each plus shipping. I'm left with 3 Blue Fury ASICs, mining at 6,427 MH/s.
Just sold my 10 block erupters for 0.035 BTC each plus shipping. I'm left with 3 Blue Fury ASICs, mining at 6,427 MH/s.
Coffee on my monitor! That's funny!
I'm a noob, so what. If I had listened to all these nay sayers about never getting roi I would not have started mining 3 months ago. Fuck roi, I've made a profit and everything is paid for. I've sold the btc's I have mined, paid for all equipment. The equipment is worth as much if not more than I paid for it. It's win win dixie. As difficulty increases so does the value of btc's, it's a wash.
Congrats! That's what it's all about - listening to your gut.
How the hell did this turn into a debate about green energy?
This topic of entry-level mining, is quickly becoming Obama-fied.
This topic of entry-level mining, is quickly becoming Obama-fied.
Coffee on my monitor! That's funny!
I'm a noob, so what. If I had listened to all these nay sayers about never getting roi I would not have started mining 3 months ago. Fuck roi, I've made a profit and everything is paid for. I've sold the btc's I have mined, paid for all equipment. The equipment is worth as much if not more than I paid for it. It's win win dixie. As difficulty increases so does the value of btc's, it's a wash.
I was right
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
Well that was never in doubt for me price rising a lot that is
Congrats on Making ROI XD
I was right
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
Go with your gut.
I was right
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
BitCoin just hit AUD$870. If I had not reinvested, I would have made a profit. Not as much as if I'd just bought and held BTC, but all the naysayers about never achieving ROI have been -- suddenly -- proven wrong. My original prediction that the price of BTC would go up as more people adopted it was spot on.
Woohoo, I think I've got it all working. The trick was to put only 3 ASICs in the daisy-chained hub.
Grrr, I'm having lots of stability issues running three hubs from the RPi's two USB ports. I've removed one hub, so now I'm running 5x USB Erupters and 3x Blue Fury ASICs (+1 wireless dongle)
The pi's USB out is from a hub anyway. Try plugging the hub that will be daisy chained into the very first port of one of the hubs.
Good suggestion but I still get two unstable Block Erupters when this happens.
Grrr, I'm having lots of stability issues running three hubs from the RPi's two USB ports. I've removed one hub, so now I'm running 5x USB Erupters and 3x Blue Fury ASICs (+1 wireless dongle)
The pi's USB out is from a hub anyway. Try plugging the hub that will be daisy chained into the very first port of one of the hubs.
Grrr, I'm having lots of stability issues running three hubs from the RPi's two USB ports. I've removed one hub, so now I'm running 5x USB Erupters and 3x Blue Fury ASICs (+1 wireless dongle)
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