Topic: [ANN] Cinni | Mandatory: Convert your Cinni to Stakecoin. Instuctions posted. - page 556. (Read 739170 times)

Quote from: battbot on May 02, 2014, 03:50:36 PM

Come on price get up wanna sell a few CINNI to get more BTC to hire some mad hash power to put into the multipool, but theres no way in hell i will ever sell for this reason under 11000.

that does not make sense Huh

renting rigs cost more than what they make

Not when you have faith in a coin like CINNI like i do that the price has still got a huge rise to come in the future and if not is a small gamble with a possible big return which is what is fun about the crypto game.

that still doesnt make sense please explain
renting rigs costs more or equal to what the rigs make.

Last rig i rented cost me 80 CINNI converted in BTC, then mining for 12 hours on the rented rig on the multipool i got a 91 CINNI return now if CINNI hits 30K-50K which i think is a reasonable price for the coin those extra 11 coins will be a nice bit of profit.

lol you went thru all that trouble for 11 extra cinni. i have one 280x in a rig that cost me no more than $500 to put together on newegg that gets me 50 cinni on the daily. i had a r9 290 but sold it and was getting a very nice amount of cinni. Seems like renting is a huge hastle for very small reward

Well, I would disagree. It's actually quite easy to rent a rig. And he earned himself 11 cinni net profit. Now, of course, the rig he rented was small. But he gained over a 10% return on his investment in 12 hours. That is damn good. According to these same stats, if you were to rent a large rig for 1 btc, you would earn 0.10 btc in 12 hours of mining.

wait, im not sure if im understanding this correctly. You rent a large rig for 1 btc and get .1 btc in 12 hours of mining? How long is the rig rented for that 1 btc? 11 cinni is not that good of a net profit sir. I know cinni is far from the actual value of this coin but again, 11 cinni is not huge. invest in a 280x and you get 50 cinni daily for one intial payment around $200. 11 Cinni for 12 hours is actually terrible. At that rate im getting around 25 cinni every 12 hours with a 280x. There are cards far cheaper that will get almost similar results as a 280x. Just saying, someones making money off renting most definitely and the majority of its more the people renting the equipment, not the renters.

just trying to help my fellow cinni pals save some $

He is earning over 13% return on his investment. He only invested in an 80 cinni rental rig (which is a small amount) so he only got a return of 11 cinni (which is accordingly small as well). but the return is 13.7% which is large. so if he invested in a more expensive rental rig with more hashpower, he could estimate to earn 13.7% back on whatever he invested. So, theoretically a 1 btc rental rig = 1.137 gross earnings and 0.137 btc profit, or ~1712 Cinni's (at prices of 8k sats).

jaayruu

member

Activity: 84

Merit: 10

Quote from: jaayruu on May 02, 2014, 03:46:52 PM

Quote from: jaayruu on May 02, 2014, 03:46:52 PM

Come on price get up wanna sell a few CINNI to get more BTC to hire some mad hash power to put into the multipool, but theres no way in hell i will ever sell for this reason under 11000.

that does not make sense Huh

renting rigs cost more than what they make

Not when you have faith in a coin like CINNI like i do that the price has still got a huge rise to come in the future and if not is a small gamble with a possible big return which is what is fun about the crypto game.

that still doesnt make sense please explain
renting rigs costs more or equal to what the rigs make.

Last rig i rented cost me 80 CINNI converted in BTC, then mining for 12 hours on the rented rig on the multipool i got a 91 CINNI return now if CINNI hits 30K-50K which i think is a reasonable price for the coin those extra 11 coins will be a nice bit of profit.

lol you went thru all that trouble for 11 extra cinni. i have one 280x in a rig that cost me no more than $500 to put together on newegg that gets me 50 cinni on the daily. i had a r9 290 but sold it and was getting a very nice amount of cinni. Seems like renting is a huge hastle for very small reward

Well, I would disagree. It's actually quite easy to rent a rig. And he earned himself 11 cinni net profit. Now, of course, the rig he rented was small. But he gained over a 10% return on his investment in 12 hours. That is damn good. According to these same stats, if you were to rent a large rig for 1 btc, you would earn 0.10 btc in 12 hours of mining.

wait, im not sure if im understanding this correctly. You rent a large rig for 1 btc and get .1 btc in 12 hours of mining? How long is the rig rented for that 1 btc? 11 cinni is not that good of a net profit sir. I know cinni is far from the actual value of this coin but again, 11 cinni is not huge. invest in a 280x and you get 50 cinni daily for one intial payment around $200. 11 Cinni for 12 hours is actually terrible. At that rate im getting around 25 cinni every 12 hours with a 280x. There are cards far cheaper that will get almost similar results as a 280x. Just saying, someones making money off renting most definitely and the majority of its more the people renting the equipment, not the renters.

just trying to help my fellow cinni pals save some $

Rumhurius

legendary

Activity: 1672

Merit: 1046

Here we go again

Prices are down.

time to...

PANIC BUY !!!

Ty for your Cinnis you jerks Cheesy

10k more for my stash !

battbot

hero member

Activity: 616

Merit: 500

Come on price get up wanna sell a few CINNI to get more BTC to hire some mad hash power to put into the multipool, but theres no way in hell i will ever sell for this reason under 11000.

that does not make sense Huh

renting rigs cost more than what they make

Not when you have faith in a coin like CINNI like i do that the price has still got a huge rise to come in the future and if not is a small gamble with a possible big return which is what is fun about the crypto game.

that still doesnt make sense please explain
renting rigs costs more or equal to what the rigs make.

Last rig i rented cost me 80 CINNI converted in BTC, then mining for 12 hours on the rented rig on the multipool i got a 91 CINNI return now if CINNI hits 30K-50K which i think is a reasonable price for the coin those extra 11 coins will be a nice bit of profit.

lol you went thru all that trouble for 11 extra cinni. i have one 280x in a rig that cost me no more than $500 to put together on newegg that gets me 50 cinni on the daily. i had a r9 290 but sold it and was getting a very nice amount of cinni. Seems like renting is a huge hastle for very small reward

Well, I would disagree. It's actually quite easy to rent a rig. And he earned himself 11 cinni net profit. Now, of course, the rig he rented was small. But he gained over a 10% return on his investment in 12 hours. That is damn good. According to these same stats, if you were to rent a large rig for 1 btc, you would earn 0.10 btc in 12 hours of mining.

jaayruu

member

Activity: 84

Merit: 10

Come on price get up wanna sell a few CINNI to get more BTC to hire some mad hash power to put into the multipool, but theres no way in hell i will ever sell for this reason under 11000.

that does not make sense Huh

renting rigs cost more than what they make

Not when you have faith in a coin like CINNI like i do that the price has still got a huge rise to come in the future and if not is a small gamble with a possible big return which is what is fun about the crypto game.

that still doesnt make sense please explain
renting rigs costs more or equal to what the rigs make.

Last rig i rented cost me 80 CINNI converted in BTC, then mining for 12 hours on the rented rig on the multipool i got a 91 CINNI return now if CINNI hits 30K-50K which i think is a reasonable price for the coin those extra 11 coins will be a nice bit of profit.

lol you went thru all that trouble for 11 extra cinni. i have one 280x in a rig that cost me no more than $500 to put together on newegg that gets me 50 cinni on the daily. i had a r9 290 but sold it and was getting a very nice amount of cinni. Seems like renting is a huge hastle for very small reward

UKGunner

full member

Activity: 238

Merit: 100

Come on price get up wanna sell a few CINNI to get more BTC to hire some mad hash power to put into the multipool, but theres no way in hell i will ever sell for this reason under 11000.

that does not make sense Huh

renting rigs cost more than what they make

Not when you have faith in a coin like CINNI like i do that the price has still got a huge rise to come in the future and if not is a small gamble with a possible big return which is what is fun about the crypto game.

that still doesnt make sense please explain
renting rigs costs more or equal to what the rigs make.

Last rig i rented cost me 80 CINNI converted in BTC, then mining for 12 hours on the rented rig on the multipool i got a 91 CINNI return now if CINNI hits 30K-50K which i think is a reasonable price for the coin those extra 11 coins will be a nice bit of profit.

xtrix

full member

Activity: 170

Merit: 100

Why are we people so concerned about the cinni price? Low is just a nice opportunity to step in and receive some interest Cheesy

The price will only go to mars when we can spend them.
So hopefully many shops, exclusive stuff, restaurants, online games etc... will accept the coin soon.

And for sure, we need to have telephone wallets to be able to spent some in a pub or café. Wink

1 cinni = 1 beer

UKGunner

full member

Activity: 238

Merit: 100