Author

Topic: Looking to purchase bitcoin mining contract from pool or individual (Read 1295 times)

member
Activity: 85
Merit: 10
lol - made me chuckle..

Difference is that its in the timing.

Rates at cex.io go up and down over time - just sell for the same as you bought - which is quite different to a 50% chance on 'odd'.

Still risky - but not as bad as 50% chance.
donator
Activity: 1218
Merit: 1079
Gerald Davis
if you buy carefully at cex.io and then sell it before the price drops you basically get free mining.

If you put $150 on "odd" at the routlette table and win, then use the money to buy Bitcoins you can get Bitcoins for only $150 each.
member
Activity: 85
Merit: 10
if you buy carefully at cex.io and then sell it before the price drops you basically get free mining.
full member
Activity: 210
Merit: 100
but if the value of bitcoin continues to rise wont it offset?

Which is why buying and holding seems like a better option if you feel prices have a long way to go still, if prices drop you screwed either way.
newbie
Activity: 25
Merit: 0
but if the value of bitcoin continues to rise wont it offset?
full member
Activity: 210
Merit: 100
I too am looking to buy a small contract, does anyone have any feedback from the two big cloud hashing companies? Anyone return a profit just yet? im a little skeptical tbh. Also will they ever use your GH for mining other currencies?

Nov 05 2013   510,929,738   30.70%   3,657,378 GH/s
Oct 26 2013   390,928,788   46.02%   2,798,377 GH/s
Oct 16 2013   267,731,249   41.45%   1,916,495 GH/s
Oct 06 2013   189,281,249   27.19%   1,354,928 GH/s
Sep 25 2013   148,819,200   32.13%   1,065,289 GH/s
Sep 14 2013   112,628,549   29.56%   806,227 GH/s
Sep 04 2013   86,933,018     32.22%   622,291 GH/s
Aug 24 2013   65,750,060      29.40%   470,657 GH/s
Aug 13 2013   50,810,339           35.88%   363,715 GH/s

If Hashing strengths continue to rise like this going fwd buying and holding bitcoins might still be better, at this rate Cloud and HW miners will be losing. A lot of people are expecting a 100% increase for the month of Jan.

With that being said byteminr is the cloud company I would go for.
newbie
Activity: 25
Merit: 0
I too am looking to buy a small contract, does anyone have any feedback from the two big cloud hashing companies? Anyone return a profit just yet? im a little skeptical tbh. Also will they ever use your GH for mining other currencies?
hero member
Activity: 966
Merit: 502
Mining Farm Hardware Purchase Shares Available


This is the Official Thread of...
The SolarWind Mining Company


   

First HPC (Hardware Purchase Cycle)
Escrow by SebastianJu

1 Jupiter KnCMiner Share Count -  3/14 Founders Contracts - 4/41 Standard Contracts
(Standard Contract Share Count includes the equivalency of Standard Contracts from Mined BitShares*)


Total Investment: 6.5 BTC ~ $1300 | Amount left: 23.5 BTC ~ $4700

Share Pricing
BitShare: Any amount under 0.5 BTC   |    Standard Contact: 0.5 BTC   |   Founders Contract: 1.5 BTC

How To Purchase Shares

The SolarWind Mining Company provides a method for investors who would rather mine for Shares. This is a great option if you only have a limited amount of hashing power. If you would like to purchase any Shares through the Bitshare Mining Pool option, you may send me a PM asking for a BitShare Mining account. Deposits in a BitShare account also allows for micro-share investments which are called BitShares. BitShare funds are pooled into larger amounts and credited towards HPC's.

Share Funds are used to purchase new mining hardware and to pay for some of the daily operational costs. For a more detailed explanation of how each Share type works, please visit the following webpage: The SolarWind Mining Company Investment Program


The total Share Count may change due to the volatility of the exchange rate for BTC
*SolarWind BitShares are not associated with the 'BitShares P2P trading platform
*Hardware Purchase Cycle (HPC) - The buy-in period preceding the purchase of specific hardware.





~ About Us ~



The SolarWind Mining Company is designed to be an eco-friendly Bitcoin Mining Farm.  The intention is to create a large scale hashing platform dedicated to mining bitcoins and creating a stable bitcoin community.  The company will start off by installing a series of bitcoin mining rigs with an initial goal of 100 TH/S worth of mining power.  A primary goal of The SolarWind Mining Company is to phase in the use of solar and wind power, among multiple other sources of low cost energy, to reduce electrical expenses (an important factor that effects bitcoin mining profitability.) Initially, these low cost energy methods will be interspersed with grid fed power to lower the cost of operations and producing the most profit. It is a goal of The SolarWind Mining Company to eliminate the use of electricity off of the grid to any extent possible, if not entirely. SolarWind will use multiple methods to save energy as well (e.g. Waste heat generated from the operation of mining hardware will be recycled, creating another source of electricity, or, as a heating source for hot water and the offices at the mining facility during colder weather.)  Primary operations will be set up in an area of Kansas that, for the majority of the year, has an abundance of wind and sunshine. SolarWind will utilize the wind and sunshine to operate wind turbine generators and solar panels to minimize electrical costs.  Hashing power increases will be implemented as necessary to generate further income and to insure that SolarWind is able to fulfill its commitments to the Shareholders.

Mission Statement:  At The SolarWind Mining Company, we want to create a stable hub of Bitcoin mining, increase network stability, and generate revenue from mining for investors.

Company Goals and Objectives:  Our goals as a company include creating a profitable, stable mining node that leads in hashing power, giving the best returns on investments, to expand to include multiple mining locations, and to be a leader in the distribution of knowledge related to Bitcoin.  Objectives include doubling of initial investments, increases in hashing power, and holding annual Bitcoin rallies at college campuses and other large venues.

Our philosophy is that Bitcoin will be the forerunner of all digital currencies and is the natural evolution of currency.


full member
Activity: 259
Merit: 100

Thanks. Checking them out now.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
cex.io is okay  I get a small bonus if you use my link below


https://cex.io/r/1/philipma1957/0/
sr. member
Activity: 364
Merit: 250

If there are any that come well recommended.

Thank you.

Erm, I suggest to buy Bitcoin instead... buying mining contract is actually worse then buying ASIC cause you know they need some profit too right?
full member
Activity: 259
Merit: 100

If there are any that come well recommended.

Thank you.
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