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Topic: [CLOSED] Ninja Group Buy #5 - QTY 8 Gridseed LA6M 48Mhash Scrypt [0/160] - page 14. (Read 22427 times)

newbie
Activity: 20
Merit: 0
Bought 1 share, i already have shares in #2 & #3

Transaction-id: 3f0464ae2ec6ce896705eb67a09a9e7892713548f719f012513758f29a24c776
hero member
Activity: 697
Merit: 503
Is this for owners of any Ninja GB? Or just for owners of #4?

I believe its any Ninja GB
newbie
Activity: 20
Merit: 0
Is this for owners of any Ninja GB? Or just for owners of #4?
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
4x shares - 176V7LPmiu79wCPGTnfwrG67L5BJE7zfdE
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
If I take 20 shares, can I get physical delivery similar to the Ants?
newbie
Activity: 11
Merit: 0
Sent payment for 1 share.

307b33370ea205ed709947864f5922106c07800cb64cc988535e415b46bdbdc8
legendary
Activity: 3248
Merit: 1070
0.5 BTC for 300khs: Am I right in thinking that it would take 2-3 months to break even?

not with scamcoin

you can teorically break even in one week with one of them lol
newbie
Activity: 11
Merit: 0
0.5 BTC for 300khs: Am I right in thinking that it would take 2-3 months to break even?

Possibly 550kh/s or more per the firmware spoken of recently...

3-4 months depending on luck and possible exchange rates. But consider there is ZERO hosting fees for the life as long as you have good standing in GB#4.

Consider that after the ROI this is basically free BTC weekly...

Thanks for the insight, daemonfox!
hero member
Activity: 630
Merit: 500
0.5 BTC for 300khs: Am I right in thinking that it would take 2-3 months to break even?

Possibly 550kh/s or more per the firmware spoken of recently...

3-4 months depending on luck and possible exchange rates. But consider there is ZERO hosting fees for the life as long as you have good standing in GB#4.

Consider that after the ROI this is basically free BTC weekly...
legendary
Activity: 3654
Merit: 8909
https://bpip.org
Why not divide the hashes over several auto-switchpools?

MWNinja is 100% trustworthy no doubt but Im sure there will be some users that would like to see current earnings etc and do calculations for themselves - I think several switchpools will complicate the matter and make the dividends less transparent.

I don't think it's that complicated, as long as the pools have publicly available stats for each participant (like middlecoin or clevermining and not like hashcows). You would just add a couple of numbers.

The better question is why use multiple pools if there is sufficient experience/knowledge in the community as to which pool is the best. It appears that the current leader is middlecoin (their stability issues notwithstanding). Until that changes is there really a reason to experiment with 48 (or more) megahashes? Clevermining looks nice but I'm getting only 75-80% of middlecoin rate in my own experiment (several 270Xs pointed at different pools).
newbie
Activity: 11
Merit: 0
0.5 BTC for 300khs: Am I right in thinking that it would take 2-3 months to break even?
full member
Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
Hi There:

In for 1 Share please (sent payment for share in group #4 already):

https://blockchain.info/tx/f902853840771e869e31257868d59141348ccbe4d53941e380b0580d4273eff5

BTC Address:

1PoY1bpigWqqeTkY3XErUzJvKdNubPtRVS

I may send for more shares depending on asiabtc and sale of LA3M
hero member
Activity: 697
Merit: 503
Why not divide the hashes over several auto-switchpools?

MWNinja is 100% trustworthy no doubt but Im sure there will be some users that would like to see current earnings etc and do calculations for themselves - I think several switchpools will complicate the matter and make the dividends less transparent.
legendary
Activity: 1199
Merit: 1047
Thank you, MWNinja, for letting us participate in another group buy.

I have sent you the money for 2 shares: https://blockchain.info/tx/1c87391ad8182718b76712c8805b704950cae48272795a93325e21bc15710fef

Please, write down 1A8VRiALKLa26aB2zRzxcjQHMeUBWM5H4A instead of the first one that appears there, so I can easily track the earnings from this buy.

I think Middlecoin is the best option, so you don't have to care about what coin to mine and then about trading it for BTC. I personally use Middlecoin for those reasons. And, as you say, if people prefers to have another currency, they can just buy it after receiving their BTC.
sr. member
Activity: 324
Merit: 250
Why not divide the hashes over several auto-switchpools?
full member
Activity: 188
Merit: 100
I'm in for 1 share

Payout address: 194eNhe2KHUBnuxFqssBKYPdJPpNBNesVK
txid:28704f1c2adf8558e84b11bc2e193c32df1bc947af79de85faa8078a46fd0156
full member
Activity: 126
Merit: 100
I'm in for 4 shares.

btc payout address: 18usMPsvQ2yCApwi2uP5z9kotJtaPjhCeK
doge payout address: DGinJvpdnLUPbm3mjFWTf4PnN1qc1oGRBT


txid: 504b0c88331c2042ce3d0bff656c15fdc069020c6e4d778d0836bb2bc9e526d9
hero member
Activity: 630
Merit: 500
Just looking at middlecoin miners... if this scrypt ASIC can indeed push near 90 MH/s when it arrives, that matches the fourth fastest miner currently on that pool.

Last 3 days he has averaged almost 1 BTC per day. Easy calc 7 BTC per week divided by 160 shares is BTC0.04375 per share. If that rate can hold constant (oh to dream) then this is a 90 day payout for ROI roughly... by payout week 12 we should have more than what we put in.
sr. member
Activity: 324
Merit: 250
Middlecoin would be the easiest, then we could just pay in BTC (and you can always go buy whatever alt-coin you fancy).  We've got the monster rig from Group #4 to do some experimentation until the Gridseed arrive.  I wouldn't be adverse to having one or two of the rigs pointed to Doge. It's open to owner input, we're a small enough group where we can come to a consensus.

Are you using cgminer? I know there are a few others but, CGWatcher has coinchoose API integrated and most of the coins added so that you can use it to define your own switching parameters. You just have to write the bat files to kill and start each coin when the triggers are hit for the swap.

This way, you arent depending on a coin pool to make your decision, you can choose the best pools to mine on for each coin and set auto payouts to the exchange for autosell.

Middlecoin would be the easy way out... a CGWatcher style solution would require a bit more work to monitor and make sure coins are being sold, but maximizes profit.

It needs to be simple, the miners have their own control unit that works with a cloud interface, what about http://clevermining.com/?  Right now the Group #4 rig is on middlecoin, does anyone have historical data to compare return from the various auto-switch pools?


This guy is going to test several auto-switch pools. Unfortunately no historical data yet.

https://litecointalk.org/index.php?topic=15124.0
hero member
Activity: 697
Merit: 503
No experience with clevermining but middlecoin is open and transparent and all group buy owners will be able to easily monitor everything.

I am just waiting for my BTC to come through and will grab some shares
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