Author

Topic: Am I doing it wrong? (Read 753 times)

newbie
Activity: 5
Merit: 0
October 14, 2011, 06:43:51 PM
#5
Nah that's just what you should do, just let people know about it and eventually it will be worth whatever it should be worth.
full member
Activity: 149
Merit: 100
October 13, 2011, 06:21:04 PM
#4
The vast majority of mining is at break even point.  I mine on this pool and I have found that my 167 Mhash/s card is barely balancing my cost of electricity.  My electicity rate is only $0.08 per KWH.  It is one of the lower rates in the country (US).  So just mining bitcoin wasn't really paying off, but now that there is namecoin to be earned it is a little better.
hero member
Activity: 686
Merit: 501
TokenUnion-Get Rewarded for Holding Crypto
October 13, 2011, 10:33:52 AM
#3
If you don't mine, someone else will.  I wouldn't worry about the impact of mining.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
October 07, 2011, 12:13:10 AM
#2
It's fine, if people will find bitcoin useful will buy them and the price will rise, no matter what you do

Just keep spread the word
member
Activity: 96
Merit: 10
October 06, 2011, 08:39:05 PM
#1
I’m quite vocal about Bitcoin and being active on most hw enthusiast’s/review/re-seller’s forums – pretty sure I’ve made a number of people realise their otherwise idle/unused CPU/GPUs to make occasional £££s by mining. (i explain in detail and guide to best practices)

Now, all considering, most (read 90+%) of them are going to sell their Bitcoins as soon as they are accumulated.

So, am i by promoting b£ it bringing its value down?

Do most of us do this?
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