Topic: Ghash.io May be the most powerful mining pool in world (Read 1581 times)
Sorry - wan;t meaning you create a new account if you already have one - hope you get on well. Might be helpful to post here to let people know how you get on.
I won't open a new account but I suggest Eternity to use your link 
Thanks for your insight.
Guess thats a good way of putting it. The difficulty goes up = the hardware is worth less. The only way to play is to buy hardware and sell hardware at same price a day or two later.
Best vehicle for this at the moment is CEX.io, but I have also done it with a BFL 60Ghs. Bought it at £1350, sold it at £1450 and made 0.8BTC for the week I had it.
Best vehicle for this at the moment is CEX.io, but I have also done it with a BFL 60Ghs. Bought it at £1350, sold it at £1450 and made 0.8BTC for the week I had it.
So you're advocating a "hit and run" strategy regarding GHs investing/trading?
The difficulty is going up too quick for there to be any return on a 'lifetime' of a GHs. The payback period is in terms of days really whenever doing your calcs. Which is why cloud mining is so popular.
Do you think that over the total productive life of a GHS bought today, the rewards will outpace the price paid?
Are GHS buyers doomed to reinvest all profits in order to keep the same earning power?
Are GHS buyers doomed to reinvest all profits in order to keep the same earning power?
How to register at Ghash.io
Register and transfer a small amount into your balance. Keep a close eye on the price as the mining on cex.io is no more profitable than buying your own hardware. The thing that makes it different is that you can sell at the market price instantly. So just make sure that you sell for the same as you bought it (roughly) and that the difference if lower is less of a loss than your gain mining.
Been spending some time getting my head into it, and its mining but a bit more - make sure you understand that 'bit more' before investing more than 20Ghs.
CEX.io is my link if you need it, and happy to help you through the learning process via pm if you need it.
How to register at Ghash.io
Nah, BTCGuild is more powerful...
rar rar
All your base are belong to us. You have no chance to survive make your time. For great justice!
Ghash.io was not so noticeable until right now.
The first design introduces borrowing hashrate, deploy immediately which is currently still the most impressive for me even I am using other contracts. Currently so far. I accept the idea.
The second idea right now, Merged mining. Although the mining content (DVC,LTC,NMC) may be die hard. I think some people may be interested with. Since there are people trusting them, then the circulation is successfully formed. The bitparkpool may be now broken due to the massive amount of total hashrate of 1000 + T/h in the pool.
The first design introduces borrowing hashrate, deploy immediately which is currently still the most impressive for me even I am using other contracts. Currently so far. I accept the idea.
The second idea right now, Merged mining. Although the mining content (DVC,LTC,NMC) may be die hard. I think some people may be interested with. Since there are people trusting them, then the circulation is successfully formed. The bitparkpool may be now broken due to the massive amount of total hashrate of 1000 + T/h in the pool.
Jump to: