Hello | Bitcointalksearch.org

evansearle42

sr. member

Activity: 366

Merit: 250

Quote from: 0815er on October 18, 2013, 04:35:53 AM

Hello,

i'm observing the bitcoin situation now for months and tried to mining some with my GPU at home.
i noticed that this has no sence and now i decided to buy some shares with 50 GH/s here at bitcointalk.

i hope to get a little bit more involved in this whole topic.

be glad to be here.

greetz.

How much did you paid for 50GH/s. If its cheap, why not?

MAbtc

hero member

Activity: 826

Merit: 508

Quote from: 0815er on October 18, 2013, 04:35:53 AM

Hello,

i'm observing the bitcoin situation now for months and tried to mining some with my GPU at home.
i noticed that this has no sence and now i decided to buy some shares with 50 GH/s here at bitcointalk.

i hope to get a little bit more involved in this whole topic.

be glad to be here.

greetz.

Welcome to the forum, 0815er. Good luck with mining.... I think I tried to start mining way too late, and I've given up. Just trying to buy on dip to maximize my bitcoin holdings. Anyway, welcome!

xypos

sr. member

Activity: 532

Merit: 250

Quote from: Inkvor on October 20, 2013, 10:17:51 AM

even by 1 year the block reward will be less

Yes, it was 50 / block, now 25 / block and will go to 12.5 / block (next time).

Inkvor

hero member

Activity: 553

Merit: 500

even by 1 year the block reward will be less

fattypig

full member

Activity: 224

Merit: 100

Quote from: nerFohanzo on October 20, 2013, 02:54:16 AM

Quote from: bititup on October 20, 2013, 12:08:13 AM

Hi just joined today and i wanted to know since i really dont know alot about bitcoin is what happens when we hit 21 million coins will blocks still be confirmed and if they are will miners get just fees what happens?

Yes the block reward will be 0 BTC and only fees can be earn, but dont worry it will start happen in about 100 years. Until then, block reward will decrease to half every 4 years

I believe by 30 years the block reward will be too little, transaction fee would be higher

nerFohanzo

hero member

Activity: 631

Merit: 500

Quote from: bititup on October 20, 2013, 12:08:13 AM

Hi just joined today and i wanted to know since i really dont know alot about bitcoin is what happens when we hit 21 million coins will blocks still be confirmed and if they are will miners get just fees what happens?

Yes the block reward will be 0 BTC and only fees can be earn, but dont worry it will start happen in about 100 years. Until then, block reward will decrease to half every 4 years

bititup

newbie

Activity: 24

Merit: 0

Hi just joined today and i wanted to know since i really dont know alot about bitcoin is what happens when we hit 21 million coins will blocks still be confirmed and if they are will miners get just fees what happens?

ReBoRn

sr. member

Activity: 392

Merit: 250

Bitcoin will survive

Quote from: reactive4ce on October 19, 2013, 03:09:33 AM

Quote from: ReBoRn on October 18, 2013, 11:29:54 AM

what is highest hashrate currently working and what is price for this is highest hashrate profitable right now

Although you can preorder TH/s miners, the best mining units working now are about 500 GH/s , or 0.5 TH/s

if you are doing this can you guide some about this mean price and system price and requirements about this I need some tips from experienced person

reactive4ce

full member

Activity: 129

Merit: 100

Quote from: ReBoRn on October 18, 2013, 11:29:54 AM

what is highest hashrate currently working and what is price for this is highest hashrate profitable right now

Although you can preorder TH/s miners, the best mining units working now are about 500 GH/s , or 0.5 TH/s

clovis818

newbie

Activity: 1

Merit: 0

thanks for the tip..

cluit

legendary

Activity: 1176

Merit: 1016

should list a site out

ReBoRn

sr. member

Activity: 392

Merit: 250

Bitcoin will survive

what is highest hashrate currently working and what is price for this is highest hashrate profitable right now

0815er

newbie

Activity: 11

Merit: 0

Quote from: sealberrder on October 18, 2013, 08:34:39 AM

More hashrate will not save you from bad investment. If 50 GH/s is not profitable, neither will be 500 GH/s costing 10x more. Some here say mining is good investment but I dont agree. Try to use mining calculators with difficulty increase +25% every retarget and decide yourselves

you're right in that case.

in my opinion you can't win if you don't risk something.
the difficulty will rising day by day. but thats not a reason to stop mining, i think.

if i will do a bad investment with that i might think again if i'm continue with mining.

Edit: sorry for my bad englisch..

sealberrder

member

Activity: 66

Merit: 10

More hashrate will not save you from bad investment. If 50 GH/s is not profitable, neither will be 500 GH/s costing 10x more. Some here say mining is good investment but I dont agree. Try to use mining calculators with difficulty increase +25% every retarget and decide yourselves

0815er

newbie

Activity: 11

Merit: 0

Quote from: ?? on ??

Hello and welcome.
Buying hashrate is a good investment right now, but 50GH/s is not enough, especially after the recent difficulty jump!

thanks.i already noticed that. i think i will invest more money to buy 200-300 GH/s for the first. maybe i will upgrade to 500 or 600 as fast as i possible.

fattypig

full member

Activity: 224

Merit: 100

Quote from: 0815er on October 18, 2013, 07:28:21 AM

Quote from: fattypig on October 18, 2013, 07:10:20 AM

Quote from: 0815er on October 18, 2013, 04:35:53 AM

Hello,

i'm observing the bitcoin situation now for months and tried to mining some with my GPU at home.
i noticed that this has no sence and now i decided to buy some shares with 50 GH/s here at bitcointalk.

i hope to get a little bit more involved in this whole topic.

be glad to be here.

greetz.

Hi, buying shares is a good way to maximize your return especially when the price per GH/s is cheap. You can try cex.io (referral link) which they are currently offering 0.14 BTC per GH/s.

okay, i will take a look at this, thanks!

No problem..

0815er

newbie

Activity: 11

Merit: 0

Quote from: fattypig on October 18, 2013, 07:10:20 AM

Quote from: 0815er on October 18, 2013, 04:35:53 AM

Hello,

i'm observing the bitcoin situation now for months and tried to mining some with my GPU at home.
i noticed that this has no sence and now i decided to buy some shares with 50 GH/s here at bitcointalk.

i hope to get a little bit more involved in this whole topic.

be glad to be here.

greetz.

Hi, buying shares is a good way to maximize your return especially when the price per GH/s is cheap. You can try cex.io (referral link) which they are currently offering 0.14 BTC per GH/s.

okay, i will take a look at this, thanks!

fattypig

full member

Activity: 224

Merit: 100

Quote from: 0815er on October 18, 2013, 04:35:53 AM

Hello,

i'm observing the bitcoin situation now for months and tried to mining some with my GPU at home.
i noticed that this has no sence and now i decided to buy some shares with 50 GH/s here at bitcointalk.

i hope to get a little bit more involved in this whole topic.

be glad to be here.

greetz.

Hi, buying shares is a good way to maximize your return especially when the price per GH/s is cheap. You can try cex.io (referral link) which they are currently offering 0.14 BTC per GH/s.

naidray

legendary

Activity: 1232

Merit: 1029

buy mining shares are better now

0815er

newbie

Activity: 11

Merit: 0

Quote from: OracionSeis on October 18, 2013, 04:37:13 AM

Mining with 50 GH is dead!

Dont bother to mine unless you mine with 150 gh+

Welcome btw

yeah i know, becouse of this i want to buy more than only one share.

think i will buy 4 or 6 shares

thanks

Topic: Hello (Read 1202 times)