Three Men Mine $200,000 In Bitcoin Every Month - page 2.

redhawk979

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Quote from: RodeoX on October 03, 2014, 03:26:20 PM

Quote from: BADecker on August 15, 2014, 02:14:09 PM

Quote from: Spearmint on August 15, 2014, 02:05:04 PM

fuck me! now thats how its done Cheesy

Not only that, but, from the article: "There’s many more – and more sophisticated – giant operations around the world, including this one in Washington, USA, which generates about $US8 million a month."

The one in Washington state is sick. Now this is what a profitable mine looks like.

More like $100,000 a month now.

RodeoX

legendary

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The revolution will be monetized!

Quote from: BADecker on August 15, 2014, 02:14:09 PM

Quote from: Spearmint on August 15, 2014, 02:05:04 PM

fuck me! now thats how its done Cheesy

Not only that, but, from the article: "There’s many more – and more sophisticated – giant operations around the world, including this one in Washington, USA, which generates about $US8 million a month."

The one in Washington state is sick. Now this is what a profitable mine looks like.

Jybrael

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Activity: 294

Merit: 250

But what if the neighbor is an old lady?

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: Ruthful on September 30, 2014, 12:23:10 PM

Quote from: Undefeatable on September 30, 2014, 08:50:39 AM

I was wondering if they pay electricity more then $200000 now..

Their electric bill was around $60K/month.

Nah, they're stealing electric from their neighbor. The neighbor just thinks his wife is leaving the lights on when she goes out for the day. lol

Ruthful

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Quote from: Undefeatable on September 30, 2014, 08:50:39 AM

I was wondering if they pay electricity more then $200000 now..

Their electric bill was around $60K/month.

Undefeatable

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Activity: 286

Merit: 250

I was wondering if they pay electricity more then $200000 now..

Q7

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I believe another contributing factor that determines profitability is that spare parts in china are still relatively cheap.

noviapriani

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They could be making 100,000 or they could have bought have made more farms and sold the old miners to keep the profits going.

Unbelive

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Invest & Earn: https://cloudthink.io

Quote from: Ruthful on September 30, 2014, 05:22:01 AM

They're making a lot less than $200,000 per month now.

If any profit at all. I guess, they just need to stock some profit in good days for rainy days.

Ruthful

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They're making a lot less than $200,000 per month now.

noviapriani

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Activity: 350

Merit: 250

How much you wanna bet those were the BFL orders that people have been waiting for all this time lol. Imagine that? Those 3 guys are lucky though, wish I had that many miners

Jybrael

sr. member

Activity: 294

Merit: 250

I have done a little bit of research on using Farms but I don't know whether or not they are worth investing in to get bitcoins or not..because as the difficulty increases so does the profit margin decrease, right? Can someone explain this to me a bit..

leannemckim46

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Activity: 420

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Quote from: cyberpinoy on September 09, 2014, 12:42:12 PM

Quote from: CripLib on August 15, 2014, 02:17:28 PM

WOW, this is amazing! The huge electricity bill, the terrible noise and this:

Now I can understand why mining is not for everyone.

Ahhh now I understand why i dont overclock my machines HAHAHA

Overclocking a miner can easily be reversed if it is decided that the efficiency is not an appropriate level for the miner. Granted it may damage the machine somewhat but miners have such short profitable lives that this will likely not matter.

cyberpinoy

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Activity: 1008

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Quote from: CripLib on August 15, 2014, 02:17:28 PM

WOW, this is amazing! The huge electricity bill, the terrible noise and this:

Now I can understand why mining is not for everyone.

Ahhh now I understand why i dont overclock my machines HAHAHA

Madness

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Activity: 644

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My goal is becaming a billionaire.

no electricity bell ? Shocked

Jybrael

sr. member

Activity: 294

Merit: 250

Well for now they are getting all the benefit but think about it as stronger and stronger ASIC's come out and the difficulty increases..they will begin to lose a lot of the money that they are making unless they upgrade.

pajrinn

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Quote from: sakira on September 02, 2014, 12:11:44 PM

it's my dream, how I get to be like that

may someday be a success like that

haha everyone dreaming this Grin

yes I have the same expectations like you

validium

sr. member

Activity: 350

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Decentralized thinking

Quote from: richardramirez9 on September 03, 2014, 11:31:39 AM

THey will be very very very rich in a decade, people has no perspective.

More like 5 or less years from now

Hashbender

newbie

Activity: 51

Merit: 0

That is freakingly amazing....
If i could just mine 1k in bitcoin a month, i'd probably already have set a foundation around my place. I've seen good investments go 2x 3x even 9x already....

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

That first image looks like BFL's back room where they test the miners (for a year) before shipment. lol

Topic: Three Men Mine $200,000 In Bitcoin Every Month - page 2. (Read 11968 times)