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Topic: [Pon3 Mining] Scrypt/BTC Hybrid Year Long Mining Operation IPO (Read 10016 times)

sr. member
Activity: 462
Merit: 250
Lux e tenebris
Please keep my portion.  Tongue
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
would we make anything by going on leaserig?
I dont think it would be enough to cover the difference, mining is shit right now for alts  Undecided

I doubt GPU mining will be much better in the future :/

Perhaps you could sell the graphic cards to gamers and buy scrypt asics?
Scrypt ASICs are a terribad investment now too.  The machines that cost 9k right now bring in .062 daily.  That doesn't even include power Lips sealed

Yeah, you're right. Still, it seems better than GPUs, considering the quite lower electricity cost.
There was a deal last week for 45$ Gaw furies, which get 1,3 mh/s on 40 watts. Perhaps if something similar comes along...

Might be, but it's a moot point since I'm going use it the way GPUs were meant to now, gaming Smiley

If Scrypt ASICs ever get efficient enough to make GPU mining obsolete (electricity cost>mining income), that portion of the contract will end, and hardware will be returned to me.
Oh and is there any tiny amount left in the kitty? You probably ought to get it as a tip for runnning a straight gb.

There is about .007 right now for the group in ghash.io from the Gridseed, I'll try to get that out and send it.  Will be sold soon and profits split up.
sr. member
Activity: 462
Merit: 253
would we make anything by going on leaserig?
I dont think it would be enough to cover the difference, mining is shit right now for alts  Undecided

I doubt GPU mining will be much better in the future :/

Perhaps you could sell the graphic cards to gamers and buy scrypt asics?
Scrypt ASICs are a terribad investment now too.  The machines that cost 9k right now bring in .062 daily.  That doesn't even include power Lips sealed

Yeah, you're right. Still, it seems better than GPUs, considering the quite lower electricity cost.
There was a deal last week for 45$ Gaw furies, which get 1,3 mh/s on 40 watts. Perhaps if something similar comes along...

Btw, terribad is an awesome word.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
would we make anything by going on leaserig?
I dont think it would be enough to cover the difference, mining is shit right now for alts  Undecided

I doubt GPU mining will be much better in the future :/

Perhaps you could sell the graphic cards to gamers and buy scrypt asics?
Scrypt ASICs are a terribad investment now too.  The machines that cost 9k right now bring in .062 daily.  That doesn't even include power Lips sealed
sr. member
Activity: 462
Merit: 253
would we make anything by going on leaserig?
I dont think it would be enough to cover the difference, mining is shit right now for alts  Undecided

I doubt GPU mining will be much better in the future :/

Perhaps you could sell the graphic cards to gamers and buy scrypt asics?
sr. member
Activity: 462
Merit: 250
Lux e tenebris
Oh and is there any tiny amount left in the kitty? You probably ought to get it as a tip for runnning a straight gb.
sr. member
Activity: 462
Merit: 250
Lux e tenebris
 If Scrypt ASICs ever get efficient enough to make GPU mining obsolete (electricity cost>mining income), that portion of the contract will end, and hardware will be returned to me.

Well that escalated quickly! In February, I knew asics were coming, just not how fast or furiously. The sha ones seemed to take forever. And it looks like even monero isn't worth mining.

Ah well, it's only money.
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
would we make anything by going on leaserig?
I dont think it would be enough to cover the difference, mining is shit right now for alts  Undecided
sr. member
Activity: 462
Merit: 250
Lux e tenebris
would we make anything by going on leaserig?
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
Welp, looks like Scrypt-N is dead too.  Keeping an eye out for any new algo that would bring in some profit. 

Is there no profit to be made from X11 or X13?
Nope, all those are in the neg too.  Check it
sr. member
Activity: 462
Merit: 253
Welp, looks like Scrypt-N is dead too.  Keeping an eye out for any new algo that would bring in some profit. 

Is there no profit to be made from X11 or X13?
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
Welp, looks like Scrypt-N is dead too.  Keeping an eye out for any new algo that would bring in some profit. 
sr. member
Activity: 462
Merit: 253
Would anyone want to buy my eight shares for 0.005BTC, or 8200 Ðoges?
sr. member
Activity: 462
Merit: 250
Lux e tenebris
Today's dust = tomorrow's nuggets?
legendary
Activity: 1218
Merit: 1003
We are the champions of the night
Oh thank you for that reply! I actually didn't realize there were still many payments to come, it sounded like things were done here. I guess I was confused.

Yes, kudos to Cooldgamer for sure!!

Yes, mining Bitcoin is over, but our kh/s of scrypt-N mining should continue until February if it stays profitable Smiley

Also, the unconfirmed payments have been there for a while. there's one from the 11th, and one from just a few hours ago.

thanks again

That's quite weird, mine were all confirmed :S
Are you using a reputable wallet?
FYFY, the Gridseed is on a 90 day gb basis just like the Ant was, the GPUs will be the ones staying for the whole year (if profitable)
member
Activity: 67
Merit: 10
That's quite weird, mine were all confirmed :S
Are you using a reputable wallet?

MultiBit

I guess I could try deleting the data and re-download things.

ok today's confirmed Cheesy
sr. member
Activity: 462
Merit: 253
Oh thank you for that reply! I actually didn't realize there were still many payments to come, it sounded like things were done here. I guess I was confused.

Yes, kudos to Cooldgamer for sure!!

Yes, mining Bitcoin is over, but our kh/s of scrypt mining should continue until February if it stays profitable Smiley

Also, the unconfirmed payments have been there for a while. there's one from the 11th, and one from just a few hours ago.

thanks again

That's quite weird, mine were all confirmed :S
Are you using a reputable wallet?
member
Activity: 67
Merit: 10

Yeah, I guess we had not foreseen the dominance of scrypt ASICs, the loss of value of scrypt-coins, dogecoin's block reward halvings, and BTC's huge difficulty increases.

Still, it's not so bad considering there is yet many months of payments to come. And kudos to Cooldgamer for handling this like a boss!

(Don't worry about the unconfirmed payment, it will pass through in a short while)

Oh thank you for that reply! I actually didn't realize there were still many payments to come, it sounded like things were done here. I guess I was confused.

Yes, kudos to Cooldgamer for sure!!

Also, the unconfirmed payments have been there for a while. there's one from the 11th, and one from just a few hours ago.

thanks again
sr. member
Activity: 462
Merit: 253
just added up what I spent vs payout, and I only got 57% of what I put in, which is a large loss.

Did everyone else see this also? I'm just curious.

also one of the payments was unconfirmed Sad

Yeah, I guess we had not foreseen the dominance of scrypt ASICs, the loss of value of scrypt-coins, dogecoin's block reward halvings, and BTC's huge difficulty increases.

Still, it's not so bad considering there is yet many months of payments to come. And kudos to Cooldgamer for handling this like a boss!

(Don't worry about the unconfirmed payment, it will pass through in a short while)
member
Activity: 67
Merit: 10
just added up what I spent vs payout, and I only got 57% of what I put in, which is a large loss.

Did everyone else see this also? I'm just curious.

also two of the payments was unconfirmed Sad
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