well i have an avalon and at 80Ghash average im earning roughly 0.8BTC.. so doing the maths 100Ghash would get me 1BTC today...im not sure what your doing wrong or what pool your on, but you seem to be missing out on some profit
Gonna have to ask for some proof via your pool. 
Topic: I have a nasty urge! HELP (Read 2846 times)
well i have an avalon and at 80Ghash average im earning roughly 0.8BTC.. so doing the maths 100Ghash would get me 1BTC today...im not sure what your doing wrong or what pool your on, but you seem to be missing out on some profit
Well, you must be in an extremely lucky pool. Hash rate is close to 1000 THash/s; at 3600 BTC per day, a 100 GHash/s miner would get about 0.4 BTC per day. (And, indeed, that's close to my Avalon's current rate - 1 BTC per day hasn't been the case since last month).
If you decide to spend $3.5k to start mining, you will be forcing yourself to learn the above, and much, much more. It's a steep learning curve. If you are not ready for it, do not start mining.
If you DO end up ordering the HashFast, PLEASE also order a couple of Block Erupters as well (don't pay more than BTC 0.21 each) and get used to setting up miners, joining pools etc. so you don't have to learn the first time when you get the HashFast machine. Plug a space heater into the outlet where you plan to use the Hashfast miner and make sure it doesn't trip your breaker etc. Have an air filter near by. (You are really supposed to run a Hashfast in a lab).
Also practice with multiple pools and have your scripts ready to rapidly move from one pool to the other if something goes wrong with your preferred pool. Get to know the difference between PPLNS and PPS.
Over all, you need to have that machine up and running within 30 minutes of it arriving.
well i have an avalon and at 80Ghash average im earning roughly 0.8BTC.. so doing the maths 100Ghash would get me 1BTC today...im not sure what your doing wrong or what pool your on, but you seem to be missing out on some profit
Which magical over-unity pool are you using? I'm at 75 ghash and getting closer to 0.33 BTC per day (BTCGuild / Slush combo).
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Fuck shares! That's the riskiest shit you can do thus far. I would simply get bitcoins off LocalBitcoins or off someone here on the forum. That way you can possibly strike a deal and build relationships with those in the
community. You can also make "fee rebates" by lending your already acquired bitcoins. Visit the CoinLenders link in my sig and just review the site. You can purchase CDs and collect your earnings once the CD has matured.
You can then purchase another CD and repeat the process. Your earnings will be minimal and at a gradual pace but it's a safer way to earn BTC. That's just what I'm doing at the moment. You can try to earn way more
through riskier practices but keep in mind that you're more likely to lose out on a lot if you're to ever be scammed.
You really thinks shares is a big risk dude?
I don't mind a risk. I've bought 10BTC to sit on and yes, I'm investigating what you suggested.
PS:
"Visit the CoinLenders link in my sig" Its not in your sig?
Haha my bad about the link in my sig. I forgot I had switched it. Well either way just web search it and it should pop up.
Definitely don't buy Litecoin!
Litecoin is a fad and will disappear soon. And MTGox will NEVER start trading it (I've been saying this for 6 months and I've been right so far).
Litecoin offers nothing that bitcoin doesn't already offer and unlike bitcoin it is accepted NOWHERE.
Until an alt currency comes around that actually has a significant advantage (or ANY advantage for that matter) over bitcoin, I'd say don't bother with any of them.
Litecoin is a fad and will disappear soon. And MTGox will NEVER start trading it (I've been saying this for 6 months and I've been right so far).
Litecoin offers nothing that bitcoin doesn't already offer and unlike bitcoin it is accepted NOWHERE.
Until an alt currency comes around that actually has a significant advantage (or ANY advantage for that matter) over bitcoin, I'd say don't bother with any of them.
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Fuck shares! That's the riskiest shit you can do thus far. I would simply get bitcoins off LocalBitcoins or off someone here on the forum. That way you can possibly strike a deal and build relationships with those in the
community. You can also make "fee rebates" by lending your already acquired bitcoins. Visit the CoinLenders link in my sig and just review the site. You can purchase CDs and collect your earnings once the CD has matured.
You can then purchase another CD and repeat the process. Your earnings will be minimal and at a gradual pace but it's a safer way to earn BTC. That's just what I'm doing at the moment. You can try to earn way more
through riskier practices but keep in mind that you're more likely to lose out on a lot if you're to ever be scammed.
You really thinks shares is a big risk dude?
I don't mind a risk. I've bought 10BTC to sit on and yes, I'm investigating what you suggested.
PS:
"Visit the CoinLenders link in my sig" Its not in your sig?
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Buy a ski mask, a tent, a shovel and a bus ticket, then locate BFL office somewhere in Florida and go there. Pitch a tent in front of the office, start digging with shovel across to the BFL wareohouse next to their office, breakthrough the floor, start moving boxes of stuff back to the tent. Ski mask and the bus ticket? Leave it your imagination.
Ahahaha
Love it.
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Buy a ski mask, a tent, a shovel and a bus ticket, then locate BFL office somewhere in Florida and go there. Pitch a tent in front of the office, start digging with shovel across to the BFL wareohouse next to their office, breakthrough the floor, start moving boxes of stuff back to the tent. Ski mask and the bus ticket? Leave it your imagination.I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
You can also advertise company's sigs for BTC. You get paid monthly by TradeFortress for advertising any of his online services.
The same goes for a few advertising a few other gambling websites not owned by TradeFortress.
The same goes for a few advertising a few other gambling websites not owned by TradeFortress.
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Fuck shares! That's the riskiest shit you can do thus far. I would simply get bitcoins off LocalBitcoins or off someone here on the forum. That way you can possibly strike a deal and build relationships with those in the
community. You can also make "fee rebates" by lending your already acquired bitcoins. Visit the CoinLenders link in my sig and just review the site. You can purchase CDs and collect your earnings once the CD has matured.
You can then purchase another CD and repeat the process. Your earnings will be minimal and at a gradual pace but it's a safer way to earn BTC. That's just what I'm doing at the moment. You can try to earn way more
through riskier practices but keep in mind that you're more likely to lose out on a lot if you're to ever be scammed.
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Buy a ski mask, a tent, a shovel and a bus ticket, then locate BFL office somewhere in Florida and go there. Pitch a tent in front of the office, start digging with shovel across to the BFL wareohouse next to their office, breakthrough the floor, start moving boxes of stuff back to the tent. Ski mask and the bus ticket? Leave it your imagination.
This is what I've done.
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
I'm not going to buy mining gear as it seems every supplier cant gurantee any dates for delivery. By the time I get it, It might not be worth anything as the hash complexity is increasing FAST.
I've gone to BTCT.co and bought 4.0BTC worth of shares on Labcoin. Yes, its a risk but I've read allot and I've taken a gamble. If they deliver this week, I'll make money and shall sit on it for a few months.
I need something solid that will bring in BTC on a regular basis. Anyone on anything that's working?
Just exchange USD for BTC! It's your best option and also purchase a miner that can mine LTC then just trade them for BTC.
LTC isn't going anywhere for the time being.
LTC isn't going anywhere for the time being.
I have an urge to buy the harsh fast 3500 dollar miner @ 400GHz.. They claim to start shipping November. .
do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
It's hash, not harsh.do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
It's Ghash, not GHz.
You posted this in the wrong board. It belongs somewhere in the mining section.
If you decide to spend $3.5k to start mining, you will be forcing yourself to learn the above, and much, much more. It's a steep learning curve. If you are not ready for it, do not start mining.
As for the alternatives, your best bet is to buy coins, and then spend a predetermined fraction with businesses that do accept them. Helping bootstrap Bitcoin economy will make the remaining coins much more viable and valuable. Besides spending them, consider earning them instead of buying.
I thought that nasty urge was going to be more cowbell. :/
I have an urge to buy the harsh fast 3500 dollar miner @ 400GHz.. They claim to start shipping November. .
do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
That's gross. j/k
Don't see any info about that miner. Are you just helping them advertise? Well if not, what I would do is calculate the potential profit and make sure to factor in what you believe the difficulty will continually increase by.
at the moment 100Ghash earns you 1BTC a day....so thats 4BTC a day
so if the equipment arrived today you'd be earning about $500 a day, in which case you'd get back your investment in a week.
now here are the buts.....
*the difficulty in november will me MULTIPLE TIMES higher meaning you wont be earning the same income as now
*the risk that 'if it sounds too good to be true' ... it probably is
*with that, what promises or guarantee's do you have of a refund. EG do you know their street address and directors name(s).
*are they even in travelling distance to slap them with a wet fish if they dont forfil promise.
*even if they are developing units, how certain can you be of the date of delivery. do they even have a working prototype, or is it all still theoretical
so if the equipment arrived today you'd be earning about $500 a day, in which case you'd get back your investment in a week.
now here are the buts.....
*the difficulty in november will me MULTIPLE TIMES higher meaning you wont be earning the same income as now
*the risk that 'if it sounds too good to be true' ... it probably is
*with that, what promises or guarantee's do you have of a refund. EG do you know their street address and directors name(s).
*are they even in travelling distance to slap them with a wet fish if they dont forfil promise.
*even if they are developing units, how certain can you be of the date of delivery. do they even have a working prototype, or is it all still theoretical
100Gh gets you .44 btc per day, and for about the next 10 days ( 2 days ago it was .58 day, you should find a different calc).
my spreadsheet is estimating that by mid november, the diff will be approx 250M. at which time 400Gh will earn about .7btc per day.
400G delivered by mid Nov might make you about 30btc....then you also have to consider elec... 500Gh of 65nm chips costs me about 7 dollars day.
well i have an avalon and at 80Ghash average im earning roughly 0.8BTC.. so doing the maths 100Ghash would get me 1BTC today...im not sure what your doing wrong or what pool your on, but you seem to be missing out on some profit
Step 1: Convert fiat to Bitcoin
Step 2: Celebrate as your money deflates/no longer inflates
Step 2: Celebrate as your money deflates/no longer inflates
I have an urge to buy the harsh fast 3500 dollar miner @ 400GHz.. They claim to start shipping November. .
do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
do I or don't I?
where else can I spend that money with a good return?
do I really just buy some coins and sit on it?
i would buy 1/3 bitcoins (gold) and 2/3 litecoins (silver) and no miner, if you are not a professional hardware geek.
maybe you dont get the miner in november 2014...
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