Topic: SHUT DOWN ALL BITCOIN MINERS TODAY Jan 12, 2015 18:00:00 (UTC) till 19:00:00 (Read 2198 times)
January 17, 2015, 09:54:55 PM
People will mine if free energy or stupidly low prices. All my miners are of as it would cost me around $10 per day just to run my equipment and right now mining BTC would yikled in like $3 to $4 at most and to be honest its a $6 to $8 loss daily might as well piss in the wind. Better yet buying is much better and holding but also prices sky rocketing down so sticking to holding cash ad buying in lower and then wait for prices to go back up then maybe consider mining again but trading lot better than mining now and always will be unless you can yiled in like 60 to 100TH of power and have free energy to run it off.
January 17, 2015, 07:06:23 PM
Why people still minning??
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
In some places... 1BTC=75$ for electricity i cant speak about it calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
January 17, 2015, 07:01:58 PM
There are many thinking this way and many thinking the better way off... If everyone would ever to do this, then it will be possible for so many newbies to make some good coins generated using their CPUs only, as the difficulty would have dropped down hard due to this and blockchain may get stopped and no ledgers might take place...
Difficulty drops are limited and they happen very slowly, and blocks still need to be solved before the difficulty changes. It would take 10 years before the difficulty would drop back to CPU mining levels... Bitcoin mining already has contingency plans built into its design to make these ideas pointless.The only thing that I can really see causing this to happen would be if we say a very long, sustained drop in the price of bitcoin (over probably 1+ years)
January 14, 2015, 08:00:52 PM
i just want That difficulty drop and we can make some coins Easier..?
You can ask for it but you dont get something for nothing.
January 14, 2015, 08:17:32 AM
Hmm. Absolutely unusable, changes +/- 20% after each mined block. I saw -1% there few minutes ago, now -12. Try bitcoinwisdom, bitcoincharts.com,mining-profit.com or whatever else for more usable data.
January 14, 2015, 08:08:00 AM
January 14, 2015, 07:49:24 AM
todays info
Next difficulty retarget occurs at block 340703.0 (eta 17.9 days): 32770320327.2 / -25.5% [est.]
Next difficulty retarget occurs at block 340703.0 (eta 17.9 days): 32770320327.2 / -25.5% [est.]
Source? Extremely overshot imho. I expect -5 to -8 pct
January 13, 2015, 02:13:53 PM
todays info
Next difficulty retarget occurs at block 340703.0 (eta 17.9 days): 32770320327.2 / -25.5% [est.]
Next difficulty retarget occurs at block 340703.0 (eta 17.9 days): 32770320327.2 / -25.5% [est.]
January 13, 2015, 10:06:08 AM
btc price is going down, so whats the point mining it already.. better buy it than mining
Buying in this situation is called catching a falling knife...
January 13, 2015, 09:24:37 AM
btc price is going down, so whats the point mining it already.. better buy it than mining
January 13, 2015, 09:18:35 AM
Why people still minning??
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
Not everyone shares your goals, time frame, hardware costs, or electricity costs.
January 13, 2015, 09:15:41 AM
i just want That difficulty drop and we can make some coins Easier..?
I prefer a higher difficulty. January 13, 2015, 08:26:35 AM
Why people still minning??
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
Cheaper electricity?
January 13, 2015, 06:57:57 AM
Why people still minning??
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
calculation 4TH today ? and where is then ROI ?
$10.69 mining 24h
$3.49 profit
$7.20 for electricity
January 12, 2015, 05:33:03 PM
There are many thinking this way and many thinking the better way off... If everyone would ever to do this, then it will be possible for so many newbies to make some good coins generated using their CPUs only, as the difficulty would have dropped down hard due to this and blockchain may get stopped and no ledgers might take place...
Difficulty drops are limited and they happen very slowly, and blocks still need to be solved before the difficulty changes. It would take 10 years before the difficulty would drop back to CPU mining levels... Bitcoin mining already has contingency plans built into its design to make these ideas pointless. January 12, 2015, 03:56:53 PM
interesting idea, but unrealistic.
January 12, 2015, 09:55:06 AM
There are many thinking this way and many thinking the better way off... If everyone would ever to do this, then it will be possible for so many newbies to make some good coins generated using their CPUs only, as the difficulty would have dropped down hard due to this and blockchain may get stopped and no ledgers might take place...
January 12, 2015, 09:51:49 AM
http://blog.cex.io/cryptonews/cex-io-temporarily-suspends-cloud-mining-services/
cex.io already temporary stopped their cloud mining. So close your miners
cex.io already temporary stopped their cloud mining. So close your miners
January 12, 2015, 06:19:29 AM
i just want That difficulty drop and we can make some coins Easier..?
No January 12, 2015, 06:16:16 AM
i just want That difficulty drop and we can make some coins Easier..?
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