The biggest difficulty jump I have ever seen - page 2.

Gumbork

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Quote from: rampalija on November 02, 2013, 06:33:34 PM

Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

That's the reason why they are cheaper, just don't over clock too much and temperature below 70c would be great

rampalija

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Quote from: Kimowa on November 01, 2013, 06:55:47 AM

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

buy up 2nd hand and when they broke you dont have warranty

URSAY

legendary

Activity: 1974

Merit: 1010

Quote from: TrippyPippy on November 01, 2013, 06:57:33 AM

What is the symbol for primecoin ?

XPM

Zawamiya

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Activity: 526

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Quote from: TrippyPippy on November 01, 2013, 06:57:33 AM

What is the symbol for primecoin ?

http://en.wikipedia.org/wiki/Primecoin you can find everything here...

TrippyPippy

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What is the symbol for primecoin ?

Kimowa

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Activity: 448

Merit: 250

Quote from: petersiddle98 on October 28, 2013, 09:11:06 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

Buy up all 2nd hand GPU and mine the hell out of all Alt would be better...

wunkbone

sr. member

Activity: 420

Merit: 250

Quote from: high110 on October 30, 2013, 09:17:08 PM

What's a primecoin? Must be a newer alt coin.

Quite new but it is among the biggest already...

Klubknuckle

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Quote from: high110 on October 30, 2013, 09:17:08 PM

What's a primecoin? Must be a newer alt coin.

high110

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A Blockchain Mobile Operator With Token Rewards

What's a primecoin? Must be a newer alt coin.

rampalija

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Activity: 154

Merit: 100

or other alts

petersiddle98

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Activity: 272

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Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

If you have free electricity, don't go for ASIC. Go for primecoin..

waltermot321

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Activity: 322

Merit: 250

Quote from: dree12 on October 28, 2013, 08:01:17 PM

Quote from: waltermot321 on October 28, 2013, 07:56:37 PM

Quote from: sheebang on October 28, 2013, 03:25:19 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

Even if you have free power you may be tempted to do something more profitable with it than mining. Not getting payment for electricity isn't funny.

I think mining is the most profitable for free electricity, maybe baking cakes too...

The way things are now, buying a miner will be a loss even with free electricity and no miner wear whatsoever. Difficulty grows exponentially and the profit from a miner will never reach the cost of the miner.

Wait until the difficulty increase to a level where electricity is the main problem. Buying 2TH/s with free electricity might be the clear winner...

dree12

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Activity: 1246

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Quote from: waltermot321 on October 28, 2013, 07:56:37 PM

Quote from: sheebang on October 28, 2013, 03:25:19 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

Even if you have free power you may be tempted to do something more profitable with it than mining. Not getting payment for electricity isn't funny.

I think mining is the most profitable for free electricity, maybe baking cakes too...

The way things are now, buying a miner will be a loss even with free electricity and no miner wear whatsoever. Difficulty grows exponentially and the profit from a miner will never reach the cost of the miner.

waltermot321

sr. member

Activity: 322

Merit: 250

Quote from: sheebang on October 28, 2013, 03:25:19 PM

Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

Even if you have free power you may be tempted to do something more profitable with it than mining. Not getting payment for electricity isn't funny.

I think mining is the most profitable for free electricity, maybe baking cakes too...

high110

sr. member

Activity: 728

Merit: 253

A Blockchain Mobile Operator With Token Rewards

I think if you make the hardware, then it's profitable =) Wish I knew how to make it!

sheebang

newbie

Activity: 32

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Quote from: rampalija on October 28, 2013, 02:51:53 PM

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

Even if you have free power you may be tempted to do something more profitable with it than mining. Not getting payment for electricity isn't funny.

rampalija

full member

Activity: 154

Merit: 100

i dont see it is profitable to buy any ASIC miners now, only if u have free power suply

DeathAndTaxes

donator

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Gerald Davis

Luck, improved firmware, you rig was underperforming on the prior difficulty period. In the long run your reward for a given amount of hashpower is 1:1 inversely tied to difficulty.

Perseus353

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Quote from: DeathAndTaxes on October 28, 2013, 10:40:18 AM

Quote from: Perseus353 on October 28, 2013, 06:14:58 AM

To be honest, it's not as bad as I thought it might be.

If you follow the trends of the network, a 45-50% jump in hashrate and difficulty was to be expected, but if the size of the network grows

I've been mining with my new Jupiter for a week now. Performance has been fluctuating 480-550 Gh/s over the past week, with daily take varying 0.81-1.1 BTC per 24h (average 1.0 per day) -- depending on performance, pool luck (BTC guild) etc.

I expected a 50% rise to mean a 30-35% drop in revenue down to about 0.6-0.7 BTC per day, but it's been better than that. Even though the the network jumped as much as it did, the daily take on the Jupiter is still 0.75-0.85.

Your revenue is based on difficulty. Until difficulty adjusts of course you will make the same revenue. If difficulty adjusts up 50% then you will make 1/1.50 = 66% of what you were making before.

I know, that's what I was expecting, but it turned out better than that. It could be pool luck, but it was 0.9-1.0 btc per day average in the past week, and I expected it to drop to 0.65 -- but it's been better than that, to my surprise 0.75-0.85 per day.

amencon

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Activity: 410

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Quote from: nexus99 on October 27, 2013, 12:12:14 PM

Sad to see that big drop in BTC production. 100 GH/S really is the entry point these days. 1 BTC per day is like 1200 GH/s.

100 GH/S is meaningless as an "entry point" figure.

Topic: The biggest difficulty jump I have ever seen - page 2. (Read 7886 times)