Hi JimiQ84. If by "that kind" you mean...in my car...then the answer is YES! 
Good Luck with your journey.
Topic: btt - page 47. (Read 407343 times)
I'm travelling today and as such have queued up a payment equal to pps output. I will settle any difference between this and actual output and add/subtract it from tomorrow's disbursement.
Cheers.
Cheers.
Is it "that kind" of travelling? ;-)
**NEWS ITEM ADDED**
https://btct.co/security/BASIC-MINING
Quote
bASIC-Mining Increases Hashrate
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
https://btct.co/security/BASIC-MINING
If posts like this do absolutely nothing to price anymore then what will?
Just a month ago this could've made the stock go up 30% or more within hours. Now, nothing. Looks like those days are over. Not just for basic mining but for pretty much all the others as well.
I bought way too high and i'm looking to get out but without a massive loss.
I'm waiting for the price to go up again but i'm really wondering what they possibly can do for the price rise a lot again...
Buy 10 new miners? 20? This obviously won't happen...so anything else i don't know about?
This is my current position as well. I was contemplating posting the same question as well, but was afraid of the backlash.
I too, would like to ask what are some realistic things (besides difficulty drop off, bitcoin price explosion, miners fee quadrupling, aliens ect) that could raise the price in the near (days/weeks/months) future?
never heard of "buy the rumor, sell the news" ?
people were anticipating hardware acquisitions in basic, now they aren't. the volatility fizzled like a balloon popping (this is how volatility acts on all equities btw, after news is out)
everyone knows that basic's dividends can barely keep up with the hashrate adjustments *NO MATTER WHAT* for the next few weeks, at least, so asking for growth on top of that is out of the question
creativex just keep up the hardware acquisitions, as individual miners get squeezed out of the market as things become too difficult for them, basic can scale much more efficiently
There have been some high profile IPOs that have absorbed a lot of capital recently. As these companies are not yet expected to deliver results their share prices are largely unaffected by the rapidly rising difficulty. This will change over time as they'll eventually have to execute or capital will flow away from them. Obviously this is beyond my control. I can only continue to deliver results and wait for market sentiment to change. Having a yield above 20% makes this easy for me, but you'll have to make your own decisions based on your own comfort level.
Cheers.
Cheers.
**NEWS ITEM ADDED**
https://btct.co/security/BASIC-MINING
Quote
bASIC-Mining Increases Hashrate
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
https://btct.co/security/BASIC-MINING
If posts like this do absolutely nothing to price anymore then what will?
Just a month ago this could've made the stock go up 30% or more within hours. Now, nothing. Looks like those days are over. Not just for basic mining but for pretty much all the others as well.
I bought way too high and i'm looking to get out but without a massive loss.
I'm waiting for the price to go up again but i'm really wondering what they possibly can do for the price rise a lot again...
Buy 10 new miners? 20? This obviously won't happen...so anything else i don't know about?
This is my current position as well. I was contemplating posting the same question as well, but was afraid of the backlash.
I too, would like to ask what are some realistic things (besides difficulty drop off, bitcoin price explosion, miners fee quadrupling, aliens ect) that could raise the price in the near (days/weeks/months) future?
**NEWS ITEM ADDED**
https://btct.co/security/BASIC-MINING
Quote
bASIC-Mining Increases Hashrate
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
bASIC-Mining is pleased to announce the further expansion of it's ASIC mining inventory. Two additional Avalon batch 3 rigs, each with 4 hashing modules have been obtained. This addition is expected to bring bASIC-Mining's total hashrate up to approximately 1,210,000Mh/s. The new hardware is currently being configured and will be available to add to mining revenue as early as tomorrow, Wednesday August 14.
Management remains committed to a policy of strong growth and careful hardware selection in this rapidly expanding Bitcoin network environment. The company's active hardware assets consist of the following:
(1) BFL Minirig SC
(4) BFL Single SCs
(3) Avalon 4 module rigs
(3) Avalon 3 module rigs
(2) Radeon HD 6770 GPUs
(2) Radeon HD 7770 GPUs
Cheers,
CreativeX
https://btct.co/security/BASIC-MINING
If posts like this do absolutely nothing to price anymore then what will?
Just a month ago this could've made the stock go up 30% or more within hours. Now, nothing. Looks like those days are over. Not just for basic mining but for pretty much all the others as well.
I bought way too high and i'm looking to get out but without a massive loss.
I'm waiting for the price to go up again but i'm really wondering what they possibly can do for the price rise a lot again...
Buy 10 new miners? 20? This obviously won't happen...so anything else i don't know about?
Hi demzie. I'd actually forgotten about your domain name squatting efforts. I'm sure we can work something out, I'll send you a PM.
Cheers.
I'm sure we can work something out, I'll send you a PM.Cheers.
"your domain name squatting efforts"
ha ha!!
sometimes words just hit me right. you made my day. good stuff.
good work with running the business Creativex.
Also, very nice group of posters on this forum topic - kudos to all you guys getting along and sharing positive thoughts and useful suggestions.
Could you post the BTC address used for middlecoin on the spreadsheet? Would like to see how is performs since that is how it is tracked on the site.
Hi djjacket. I sure can, I'm using the address in my sig( 1Hfp99tugY4H5FYEoM3hj4JDLzShzZ9ifB ). Also I've added middlecoin to the spreadsheet for easy tracking and will be including that information in daily updates going forward. GPUs are not very effective any more and if I didn't need a computer to feed the bfl gear I'd probably opt to just shut the GPUs down. The tiny amount of BTC they're producing isn't likely worth 1c higher temps being fed to the minirig and singles.
Cheers.
Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.
Do you actually still mine BTC with them?
You know, you would get a lot more out of them if you just point them at middlecoin.com.
(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)
It works.
Hi Akka. Thanks, consider it done.
Could you post the BTC address used for middlecoin on the spreadsheet? Would like to see how is performs since that is how it is tracked on the site.
Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.
Do you actually still mine BTC with them?
You know, you would get a lot more out of them if you just point them at middlecoin.com.
(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)
It works.
Hi Akka. Thanks, consider it done.
Hi ChefBorjan. No, not at all. The GPUs don't do a whole lot and eat a lot of power, relatively speaking, but I need a computer running to keep our BFL gear fed anyway.
Do you actually still mine BTC with them?
You know, you would get a lot more out of them if you just point them at middlecoin.com.
(Middlecoin automatically mines the most profitable scrypt coin, automatically exchanges those coins for bitcoins, and pays out entirely in bitcoins.)
It works.
The drop in dividends would've been over twice that had I not added more hashing power.
Oh wow, I knew the difficulty was going up, but I didn't realize it has such an impact. Just goes to show how Important it is to get good deals for the mining rigs and whatnot. Keep up the GREAT work 
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