Pakistan - page 1126. | Bitcointalksearch.org

nawazish1

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Activity: 462

Merit: 250

PXC Research Team

Quote from: Abdussamad on February 14, 2014, 04:44:37 PM

Ok here's the sheet if anyone wants to see it:

https://docs.google.com/spreadsheet/ccc?key=0AkZGioJLkfk4dFFhQndCRXo0cWdsS0U4RnAyTFZsZWc&usp=sharing

Thanks again Nawazish.

The Average number is not looking good. I wish my risers could have arrived earlier so that average number looked better. But still even with that number the returns are great as compared to investment. Will provide a new screen shot at the end of this months. That will help us accurately estimate the per day profit.

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: faiza1990 on February 14, 2014, 04:45:52 PM

Quote from: nawazish1 on February 14, 2014, 04:27:36 PM

Quote from: Abdussamad on February 14, 2014, 04:20:48 PM

So I put all of this into a spreadsheet and this is what I'm getting:

Average BTC per day: 0.0152270741
That comes to: 0.0084594856 per Mh/s assuming your rig mines at a steady 1.8Mh/s

So that's even less than the 0.01 BTC per Mh/s that I read about. Still not bad given the conditions over here. What coin do you mine these days?

I told you the starting twenty days don't count because there were other problems. This months average is 0.018btc.

I am mining in this pool

https://us.trademybit.com

It mines the most profitable coin and exchanges it for BTC automatically. Ultimately paying you in BTC.

you select most profitable coin for your mining or its select automatically for you

AUTO.

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: nawazish1 on February 14, 2014, 04:27:36 PM

Quote from: Abdussamad on February 14, 2014, 04:20:48 PM

So I put all of this into a spreadsheet and this is what I'm getting:

Average BTC per day: 0.0152270741
That comes to: 0.0084594856 per Mh/s assuming your rig mines at a steady 1.8Mh/s

So that's even less than the 0.01 BTC per Mh/s that I read about. Still not bad given the conditions over here. What coin do you mine these days?

I told you the starting twenty days don't count because there were other problems. This months average is 0.018btc.

I am mining in this pool

https://us.trademybit.com

It mines the most profitable coin and exchanges it for BTC automatically. Ultimately paying you in BTC.

you select most profitable coin for your mining or its select automatically for you

Abdussamad

legendary

Activity: 3682

Merit: 1580

Ok here's the sheet if anyone wants to see it:

https://docs.google.com/spreadsheet/ccc?key=0AkZGioJLkfk4dFFhQndCRXo0cWdsS0U4RnAyTFZsZWc&usp=sharing

Thanks again Nawazish.

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: Abdussamad on February 14, 2014, 04:20:48 PM

So I put all of this into a spreadsheet and this is what I'm getting:

Average BTC per day: 0.0152270741
That comes to: 0.0084594856 per Mh/s assuming your rig mines at a steady 1.8Mh/s

So that's even less than the 0.01 BTC per Mh/s that I read about. Still not bad given the conditions over here. What coin do you mine these days?

I told you the starting twenty days don't count because there were other problems. This months average is 0.018btc.

I am mining in this pool

https://us.trademybit.com

It mines the most profitable coin and exchanges it for BTC automatically. Ultimately paying you in BTC.

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: Abdussamad on February 14, 2014, 04:11:09 PM

Ok. Good. Thanks for this.

Do you think this mobo here will support 4 GPUs?

http://www.asus.com/Motherboards/P8H61M_LX_R20/#specifications

Yes it can. You will need three 1X to 16X risers & one 16X to 16X riser.

Abdussamad

legendary

Activity: 3682

Merit: 1580

So I put all of this into a spreadsheet and this is what I'm getting:

Average BTC per day: 0.0152270741
That comes to: 0.0084594856 per Mh/s assuming your rig mines at a steady 1.8Mh/s

So that's even less than the 0.01 BTC per Mh/s that I read about. Still not bad given the conditions over here. What coin do you mine these days?

Abdussamad

legendary

Activity: 3682

Merit: 1580

Ok. Good. Thanks for this.

Do you think this mobo here will support 4 GPUs?

http://www.asus.com/Motherboards/P8H61M_LX_R20/#specifications

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

You can have a look of my payout history in this screenshot of my Multibit wallet.

Now in light of my above post you can calculate everything your self. Still one payout of 0.026 BTC remaining that will arrive tonight.

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: Abdussamad on February 14, 2014, 03:05:04 PM

Quote from: nawazish1 on February 14, 2014, 02:54:19 PM

Quote from: waqas on February 14, 2014, 10:28:48 AM

Quote from: nawazish1 on February 14, 2014, 09:21:10 AM

This is the reason why it's coming back to normal.

http://www.coindesk.com/bitstamp-resume-bitcoin-withdrawals-btc-e-working-solution/

Cheesy

yes now still time to buy because this time as its start to go rise surely touches 1000$ very quickly

1000$ will make me 460$ for 24 days of continuous mining. Cheesy

Can you show us the breakdown? From what I've seen on this forum you get 0.01 btc per Mh/s per day. So that's like $12.86 for a 1.8Mh/s rig which will give you $386 per month revenue. There is still the electricity cost and depreciation to account for and you can't buy a 1.8Mh/s rig in $1000. It cost you more like $1400 (1.5 lacs) for your rig, right?

Yes the rig did cost me 1.5 lacs and my daily payout is mostly above 0.02 BTC including all the problems we have to face in Pakistan. At the current BTC price I am earning 12-14 $ daily. But If I manage to sell BTC at some where near 900$ the daily earning would be near to 20$ making the monthly income 500$. And I am sure BTC will go back there shortly.

Unfortunately my riser cables came late and I had to mine with only two cards for 20 days also internet, mining configurations and other pool related problems were there as well so the first months returns were not good. Only 210$ that I still have in BTC form. But this time only ten days passed and I accumulated more then 0.23 BTC. Now I am waiting for 900$ per BTC to sell my coins and get this months payment. I would call this a good investment considering that you can get payed from the very first day after get your setup ready. Also if we see other businesses in Pakistan this is far better then any of them to do.

Abdussamad

legendary

Activity: 3682

Merit: 1580

Quote from: nawazish1 on February 14, 2014, 02:54:19 PM

Quote from: waqas on February 14, 2014, 10:28:48 AM

Quote from: nawazish1 on February 14, 2014, 09:21:10 AM

This is the reason why it's coming back to normal.

http://www.coindesk.com/bitstamp-resume-bitcoin-withdrawals-btc-e-working-solution/

Cheesy

yes now still time to buy because this time as its start to go rise surely touches 1000$ very quickly

1000$ will make me 460$ for 24 days of continuous mining. Cheesy

Can you show us the breakdown? From what I've seen on this forum you get 0.01 btc per Mh/s per day. So that's like $12.86 for a 1.8Mh/s rig which will give you $386 per month revenue. There is still the electricity cost and depreciation to account for and you can't buy a 1.8Mh/s rig in $1000. It cost you more like $1400 (1.5 lacs) for your rig, right?

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

Quote from: waqas on February 14, 2014, 10:28:48 AM

Quote from: nawazish1 on February 14, 2014, 09:21:10 AM

This is the reason why it's coming back to normal.

http://www.coindesk.com/bitstamp-resume-bitcoin-withdrawals-btc-e-working-solution/

Cheesy

yes now still time to buy because this time as its start to go rise surely touches 1000$ very quickly

1000$ will make me 460$ for 24 days of continuous mining. Cheesy

waqas

sr. member

Activity: 378

Merit: 250

Quote from: nawazish1 on February 14, 2014, 09:21:10 AM

This is the reason why it's coming back to normal.

http://www.coindesk.com/bitstamp-resume-bitcoin-withdrawals-btc-e-working-solution/

Cheesy

yes now still time to buy because this time as its start to go rise surely touches 1000$ very quickly

nawazish1

sr. member

Activity: 462

Merit: 250

PXC Research Team

This is the reason why it's coming back to normal.

http://www.coindesk.com/bitstamp-resume-bitcoin-withdrawals-btc-e-working-solution/

Cheesy

faiza1990

sr. member

Activity: 420

Merit: 250

★☆★777Coin★☆★

Quote from: ahmedjadoon on February 14, 2014, 06:33:54 AM

Bitcoin price started to rise.Seems this crash is over!

yes now stabling some and again touching 650$ hope now as some exchanges start to give withdraw its touch new highs

ahmedjadoon

legendary

Activity: 1414

Merit: 1000

Bitcoin price started to rise.Seems this crash is over!

boozoodoo

member

Activity: 84

Merit: 10

Quote from: saif92 on February 13, 2014, 10:23:55 AM

Quote from: boozoodoo on February 13, 2014, 02:04:33 AM

Morecoins.org perfect pool for you!

Our benefits:

Stable and fast SSD cloud hosting
Stratum with VARDIFF
Proportional payments
E-mail notification
Skilled technical support 24/7
Unique DDoS protection system

new pool site in jungle now good luck for them and all who want to join this Wink

And why not? =) Thank you and good luck to you too!

hwaleed

jr. member

Activity: 48

Merit: 10

What happens with Bitcoin Shocked

extremely going down day by day Undecided

saif92

sr. member

Activity: 392

Merit: 250

Quote from: boozoodoo on February 13, 2014, 02:04:33 AM

Morecoins.org perfect pool for you!

Our benefits:

Stable and fast SSD cloud hosting
Stratum with VARDIFF
Proportional payments
E-mail notification
Skilled technical support 24/7
Unique DDoS protection system

new pool site in jungle now good luck for them and all who want to join this Wink

boozoodoo

member

Activity: 84

Merit: 10

Morecoins.org perfect pool for you!

Our benefits:

Stable and fast SSD cloud hosting
Stratum with VARDIFF
Proportional payments
E-mail notification
Skilled technical support 24/7
Unique DDoS protection system

Topic: Pakistan - page 1126. (Read 5659173 times)