Topic: Turning off miners - page 11. (Read 36424 times)
I think there is a big lag for significant hash rate to "disappear for good". I expect many big mining firms may well have negotiated a better rate for electricity, but with a penalty if they don't actually use the electricity they contracted for. Electric companies just love a predictable load. In that case, they may well lose less money by continuing to mine at a an operating loss. In general home miners aren't constrained in that way, but it seems unlikely we'll be able to detect home miners turning off gear. My miniscule 100GH/s will not be noticed, along with another 5000 folks like me.
Before you all decide to switch off please read this thread. https://bitcointalksearch.org/topic/m.10152686
so the diff is rising even with the current price? another reason to turn if off
Before you all decide to switch off please read this thread. https://bitcointalksearch.org/topic/m.10152686
I have just logged in to zenminer. Apparently 90% of my income goes to cover maintenance fees 
Luckily I don't have much (wasted) mining power there.
Luckily I don't have much (wasted) mining power there.
not only at zenminer
zeus, genesis allready minus for Mhs cloud
I have just logged in to zenminer. Apparently 90% of my income goes to cover maintenance fees
Luckily I don't have much (wasted) mining power there.
Luckily I don't have much (wasted) mining power there.
It's possible, but your chances of finding a block with 12Gh/s in your lifetime is extremely small.
Low cost, but high reward. Not a bad idea.
I switched out all my s-3's to 8 sp20's and 1 s-5
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
Do you think you can be lucky with 12 gh ?? Im wondering because I also got a small setup of 12gh
I switched out all my s-3's to 8 sp20's and 1 s-5
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
Do you think you can be lucky with 12 gh ?? Im wondering because I also got a small setup of 12gh
I switched out all my s-3's to 8 sp20's and 1 s-5
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
My winter power is 13 cents but get about 3 cents in savings from the heat.
So I am 10 cents net until April.
Price drops under 100 and stays there for 1 month I will shut down.
I may use the s-5 at freq 100 and solo mine it. Until it dies.
I run 10-12gh at a solo pool will run that till the gear dies as the cost is low.
My miner setup is minimal. A Jalapeno, a few Block Eruptors (not in use until I get a new USB hub), and I just received a second hand Antminer S3 yesterday which is powering through computations nicely.
My small mining effort is because I enjoy Bitcoins as a concept and want to be part of something that is different and I find interesting. I don't mine to make a profit but regaining some capital is nice. Even though electricity costs are technically higher than income from a Jalapeno and even questionable for an S3, I want to be part of the BTC community.
Now it's cold in my office I wouldn't mind some more miners, might get a few bits by running some miners instead of heaters... BRRR!
My small mining effort is because I enjoy Bitcoins as a concept and want to be part of something that is different and I find interesting. I don't mine to make a profit but regaining some capital is nice. Even though electricity costs are technically higher than income from a Jalapeno and even questionable for an S3, I want to be part of the BTC community.
Now it's cold in my office I wouldn't mind some more miners, might get a few bits by running some miners instead of heaters... BRRR!
Yep, many miners being turned off which will mean less btc production which should also mean more btc value. well... eventually. We'll just have to see how sweet btc is made if more people accept it and it can be more valuable to accumulate then miners may return. For now... many are out of the mining fun unless they don't care about losing money or don't have to pay electric.
I've got an Antminer S4, just 2 months old I'll sell. I'm in Tennessee. PM if interested.
Like rats fleeing a ship, because some water splashed onboard.
It's been a few day's. Wait. lol
I've got an Antminer S4, just 2 months old I'll sell. I'm in Tennessee. PM if interested.
The difficulty increase combined with the price drop has me turning off another batch of miners. How about you?
Worst was cloudmining services shutting down . btw is CEX refunding the amounts ? 
Time to turn some miners back on!
In all seriousness, I finally laid my first gen BitFury rigs to rest a couple days ago. Will probably be putting up ~1.5THs of BitFury boards and controllers up for sale early next week. Still have a single S2 running that I'm looking to decommission at some point in the near future. Ok all you saying "please contact me for selling ASICs", I have a few Antminer S3's for sale.
I'm in Vancouver, BC Canada
I'm in Vancouver, BC Canada
What price with shipping. PM plz
are big farm making money, with the current price? would be interesting to know if they will shut down too
Only if their power is .02 per kwh
I'm hoping BTC will stay low for a few months to "weed" out these corp miners
Come on $100 or lower even
I'm in LTC with 35mh,I'll run em till they burn!!!
May even get my GPU's back up for x 15 or something
agree 100%
... Meanwhile, price has gone up $20 in the last twelve hours.
¯\_(ツ)_/¯
¯\_(ツ)_/¯
Time to turn some miners back on!
Ok all you saying "please contact me for selling ASICs", I have a few Antminer S3's for sale.
I'm in Vancouver, BC Canada
I'm in Vancouver, BC Canada
How many of them? And what price for each or bulk?
bitcoin mining is done for sure, with the last dump, but other type of mining are still running good or not as a bad as btc
... Meanwhile, price has gone up $20 in the last twelve hours.¯\_(ツ)_/¯
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