Topic: [ANN] MinerFarm - Virtual Mining Game for Real Bitcoin - page 39. (Read 85603 times)

I love the innovation in this. Good job so far. Hope everyone has fun with this one.

there isn't any referral program in the game right now.

'so bad it needs google auth' thought I , but it doesnt.

Well the game itself doesn't force you to invest. You can literally used the allocated 10GH/s as a start of your potential earnings and it's up to you and your strategy on how will you multiply that. And besides, you have nothing to lose when you play it, unless you deposited something and your strategy doesn't play out well. It's a fun game though, and I'm getting hooked up into it.

Aside from my involvement in the unofficial MinerFarm forums mentioned a couple posts above, I want to make it clear that I have no affiliation with the developer or admin or MinerFarm.  That said, I've been studying the concept quite a bit to see what separates it from other similar sites, especially the various cloud mining ponzi schemes that seem to plague the industry.  That said, here's a few key points.

1.)  I think one of the important things to understand is that when you purchase a 10GH/s miner or even using the existing miner in the game, it isn't like some lifetime contract for 10GH/s.  That mining hardware requires constant repairs and depreciates in power over time.  I certainly think with some strategies in place, many individuals can get a positive return on investment, but if you just look at the fees involved on a continual basis, the need for repairs, etc - you'll find that the investments are slanted toward benefiting the admin - and rightfully so.  

2.)  I think if you look at the game from a more strategic stand point, you'll find that not everyone is going to have a positive return on their investment, some people are going to straight up leave, and the game also requires you to log in once every 2 days to keep your miners active.  In a lot of ways, there's some similarities there with Bitcoin Faucets in that MinerFarm is constantly working to keep you engaged with the game and it's also fighting against you to ensure you don't make money and that only people who put time in and consider a plan of "attack" will end up ahead.

3.)  Revenues exist with banner ads to help further improve earnings and liquidity.

4.)  No one shuns casinos for being ponzi schemes, even though Casinos rely on continual "investments" to stay afloat, although the odds are in their favor.  I think the case is similar here.  I wouldn't call this gambling as I think you can put some thought into developing a good strategy for a return on investment, but I also don't think everyone is going to come out ahead and I think many members are going to get flimsy earnings and never even get to a point to justify the withdraw fee.

5.)  The admin also uses the site as marketing for existing and stable Bitcoin Faucets, which means if traffic to those faucets improves as a result of this site, there's a justification to any losses he/she may occur if they're offset positively elsewhere.

6.)  MinerFarm isn't the first game to allow individuals to invest or withdraw real money.  Planey Calypso has a real economy and keeping that economy in the game alive is also reliant on user interest and player base.  Such are just the risks involved in such a game.  In terms of what you're actual owning, well there's no surprise that what you own is virtual, but assuming the game is sustainable, is the purchased "virtual" mining power any less real than the people who buy and sell stuff on Second Life?

I mean, these are just some things to consider.

What exactly separates this from a gambling style ponzi mining operation?

I don't quite understand. These things pop up and disappear overnight. What are we investing into exactly?

A few days ago I PMed aliser regarding interest in launching an unofficial MinerFarm message board and so over the past few days I've been working on putting together www.minerfarmforums.com

I noticed the official forum was recently taken offline (temporarily?), so I guess its a convenient time to see if there is any interest in some of you checking out MinerFarmForums.com.

So obviously, the main component of the site is the "forum" where users can discuss aspects of the game in a message board setting; however, one of the things I think could really improve upon the Pool aspect within the game is a sense of community.  As it is, when you look at the handful of Pools available to join in the game, the selection basically comes down to who has the lowest fees.  My objective through the "Pool Groups" feature of the game is that Pool Groups on MinerFarmForums will provide a place for MinerFarm Pools to display their "brands" and personality.  Pool Members can connect through Pool Groups and as you connect with other members on MinerFarmForums through "friendships", you can even send invitations to join your Pool Group, encouraging them to jump ship from their existing pools and over to yours.  Of course, all of this is taking place separate from the official MinerFarm game and better community aspects may be in development; however, while the objective of MinerFarm is to compete for the highest hash rates and best return on investment for actual earnings, Mining Pools in the game play a vital role of teamwork and hopefully my vision for what Pool Groups are will help establish those teams.

You can see a "skeleton" concept of what a Pool Group is by heading to this example group:  http://minerfarmforums.com/groups/example-pool-group/

Secondly, as you'll notice on the homepage, we intend to provide blog posts for news and announcements related to MinerFarm.com.

Anyways, just wanted to put this out there and see if there was any interest.  Please understand that it is still a work in progress, the community is very new, and many areas of the site that seem bare will be dynamically filled with content as that content is uploaded.  

Feel free to make some suggestions, provide some feedback, and maybe give me some ideas on the types of forum categories that you'd like to see. 

I look forward to seeing you all at www.minerfarmforums.com

I still cant believe so many users are still on Zeus pool. I mean come on. Switch to nasty pool to maximize your earnings your loosing money on every block you find.

I saw there are new pools  this game will be more profitable with high amount of players. Let's earn some satoshi

Most likey because you needed to upgrade to a better power supply. Or purchase a new power supply that is. The current one that comes with the new account does not supply enough output for the 20 ghs miner. You would have to purchase a new power supply then by the 20 ghs. You should also pick up a air conditioner as well to lower the temp when purchasing a 20 ghs miner.

Hope that explains it a little better.

I save money by faucets and mining, then make purchases slowly. I had no chance to buy a bigger one, i just utilized my unused power

Why did you buy only 20 Gh/s? The electricity cost is too much for old devices. Your ROI will be very long.

10 minutes ago i bought 20 Gh/s, i didn't see any problem

Prompt, on balance I had 0.023 I wanted to buy 20GH / s, but the miner, I could not buy, and had to buy 10GH / s. Why could not I buy 20GH / s?

Alişer thank you, all is well!

@aliser you should ban lollafoe on the game, he does advertise his site and spamming on chat window.

Please check your balance.

Regards.

My deposit 0.023 bitcoin does not appear on the balance sheet https://blockchain.info/ru/tx/40c4d7b80299863cf5b15030b2ea04b9d027c225668e876cfca8804aae3068ca . Look! Nikname - denchik7

Under your your home section, left part of the site, you can find the minerfarm faucet. The reward is directly adding to your minerfarm account.

http://www.minerfarm.com/claim