Topic: Hi everyone! (Read 848 times)

Welcome, nice to see you have GPU rig hashing.
Seems altcoin mining is only profitable option now

Welcome. 7950's are great for Scrypt mining, and can be sell anytime. But you need cheap electricity though to be slightly profitable 

Welcome, altcoin mining with GPUs is the way for poors. I mining this way only too 

Welcome, nice to see someone has GPU rig running

I like your style. These 7950's can be sold anytime if the Scrypt mining becomes unprofitable. Good job 

is its still profitable now?

Hello all and thanks for the welcomes

Everyone's having a fine weekend I hope. I'm in New Zealand, and here it's halfway through Sunday already - one of the drawbacks of being first in line for the new day! my weekend is also done first  

Electricity prices here are not too bad (equivalent to about .17c/kwh in USD) but still GPU mining profitability has been noticeably creeping downwards over the past few weeks, and I am starting to wonder how much longer before I have to decommission GPU mining, like some of my Australian friends have already.

When GPU mining is so power dependent, it's natural for it to be dominated by miners located in cheap power regions, and I believe the lessening profitability we are seeing is just a symptom of the hashrate shift to these regions.
It's early days yet so the commercial uses are very limited compared to fiat, of course. But that aside, so far I've used them successfully in various private trades. And I'd be quite happy to accept them in lieu of cash, where the opportunity exists.  I think it helps for individuals to be a part of their use rather than expecting a ready made world of bitcoin to spring up everywhere, not that I am accusing anyone of that. It's about making bitcoin real by being part of it, which is a lot more say than we have ever had in global financial matters previous.

can i ask what things you have used bitcoins for? im still hesistant

Welcome, nice to see someone has GPU rig running, I have expensive electricity so it is not for me anymore 

Hi to all the wonderful Bitcoiners and Altcoiners around the world!

I'm shredder from OCAU and I know I have a few friends from there already here. What a terribly constructed sentence to start on, I know!, please don't judge me on it.

Anyway I thought it's *well* beyond time I had a presence here on the world's premium crypto forum, so here I am.

I've been mining and trading cryptos for about 5 months now, but it feels like a lot longer. 

I have a reasonably efficient home GPU mining setup with about half a dozen 7950's, and I'm greatly looking forward to at least a couple of Drillbit boards in a couple of months time.

I'm a firm supporter of the altcoin switching pool Tompool for Scrypt mining. I think it is currently the best pool out there.

That's all for now I look forward to seeing you all around.