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Topic: Turning off miners - page 12. (Read 36432 times)

legendary
Activity: 3248
Merit: 1070
January 15, 2015, 11:19:39 AM
#31
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
legendary
Activity: 924
Merit: 1002
January 15, 2015, 09:37:32 AM
#30
I am thinking to start with mining again. Not for profit, just to support network. I am from Europe, looking for reasonable miner.
hero member
Activity: 882
Merit: 500
Where am I?
January 15, 2015, 02:06:18 AM
#29
I am ramping up. As people are shutting down their farms, I am buying their equipment cheap and standing them up to mine.  Everything Antminer, KNC, Bitmine, Gridseed if it exists I am mining with it.
legendary
Activity: 1050
Merit: 1000
January 15, 2015, 02:02:48 AM
#28
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  Roll Eyes

I'm hoping BTC will stay low for a few months to "weed" out these corp miners  Grin

Come on $100 or lower even  Wink

I'm in LTC with 35mh,I'll run em till they burn!!!  Cheesy

May even get my GPU's back up for x 15 or something  Roll Eyes

I pay 0.07. My prismas pay their power in 7-10 days for the month right now
full member
Activity: 281
Merit: 100
January 14, 2015, 11:13:11 PM
#27
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
legendary
Activity: 1168
Merit: 1009
January 14, 2015, 09:22:22 PM
#26
I do not mine myself. But I want to know if some miners here can answer me. How this new crazy low price of bitcoin affected your mining? Is is even possible to earn something?

Hold BTC & wait for the "rise"  Roll Eyes

I dont know about everyone else but I just bought a tone of BTC on the crash so I think keep mining and hold is the in it to win it game
legendary
Activity: 1168
Merit: 1009
January 14, 2015, 09:21:34 PM
#25
If you want to sell your ASICs please contact me!

Me too  Grin
member
Activity: 100
Merit: 10
January 14, 2015, 08:32:31 PM
#24
If you want to sell your ASICs please contact me!
legendary
Activity: 2212
Merit: 1001
January 14, 2015, 08:28:06 PM
#23
I do not mine myself. But I want to know if some miners here can answer me. How this new crazy low price of bitcoin affected your mining? Is is even possible to earn something?

Hold BTC & wait for the "rise"  Roll Eyes
legendary
Activity: 1288
Merit: 1000
January 14, 2015, 07:52:54 PM
#22
I do not mine myself. But I want to know if some miners here can answer me. How this new crazy low price of bitcoin affected your mining? Is is even possible to earn something?
hero member
Activity: 812
Merit: 500
January 14, 2015, 07:39:27 PM
#21
What I find funny is that the more people turning off hardware right now the harder it makes for the rest of the network to survive. If we lose 50% of the hashpower tomorrow it will take 1 month to get to the next difficulty re-target which will make it harder for miners to pay the power fees.

Flashnews, people are serving their own interest first.

Are you shocked ?
legendary
Activity: 1904
Merit: 1007
January 14, 2015, 07:36:04 PM
#20
What I find funny is that the more people turning off hardware right now the harder it makes for the rest of the network to survive. If we lose 50% of the hashpower tomorrow it will take 1 month to get to the next difficulty re-target which will make it harder for miners to pay the power fees.
legendary
Activity: 2212
Merit: 1001
January 14, 2015, 06:39:18 PM
#19
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  Roll Eyes

I'm hoping BTC will stay low for a few months to "weed" out these corp miners  Grin

Come on $100 or lower even  Wink

I'm in LTC with 35mh,I'll run em till they burn!!!  Cheesy

May even get my GPU's back up for x 15 or something  Roll Eyes
legendary
Activity: 3248
Merit: 1070
January 14, 2015, 04:48:39 PM
#18
are big farm making money, with the current price? would be interesting to know if they will shut down too
full member
Activity: 211
Merit: 100
January 14, 2015, 01:10:11 PM
#17
I've shutdown all my miners, at $0.15 per kw it's just not worth it. I'm on the fence whether or not I sell my rigs.
full member
Activity: 141
Merit: 100
???
January 14, 2015, 11:11:13 AM
#16
You folks are still buying mining gear?  You did not sell out 500-900 range?  Time to rethink that strategy!
hero member
Activity: 658
Merit: 500
January 14, 2015, 08:28:48 AM
#15
Ain't gonna lie, starting to think about shutting down, putting my wallet into cold storage, and forget about Bitcoin for a decade.

wait, so you've not used cold storage? lol you're too brave.
legendary
Activity: 1694
Merit: 1024
January 14, 2015, 08:00:51 AM
#14
GPUs are now just gaming Smiley
Block erupters sleepin
BFLs sleepin
kfc 28nm sleepin
kfc 20nm getting sleepy

I havent looked in many months but also have 1G a CEX and they have not sent me a bill for power yet...
Last I checked(July '14) the 1G was barely makin dust after 'fees'...

I did back of the envelope @ BTC $300 and decided $200 enters the grey area for my situation.

Not sure if I'll pack it in or throw good money after bad on the chance of a windfall price change.
The fact that I save over $100 a month on winter heating has a 1 month grace period being considered...


LOL 'the best laid plans of mice and men...'

YMMV
Smiley
Your 1GH/s at Cex isn't doing anything right now, they've paused their cloud mining because they can't make a profit with the bitcoin price and rising difficulty. So you aren't making or losing money there.
sr. member
Activity: 386
Merit: 250
January 14, 2015, 07:11:13 AM
#13
GPUs are now just gaming Smiley
Block erupters sleepin
BFLs sleepin
kfc 28nm sleepin
kfc 20nm getting sleepy

I havent looked in many months but also have 1G a CEX and they have not sent me a bill for power yet...
Last I checked(July '14) the 1G was barely makin dust after 'fees'...

I did back of the envelope @ BTC $300 and decided $200 enters the grey area for my situation.

Not sure if I'll pack it in or throw good money after bad on the chance of a windfall price change.
The fact that I save over $100 a month on winter heating has a 1 month grace period being considered...


LOL 'the best laid plans of mice and men...'

YMMV
Smiley
hero member
Activity: 728
Merit: 500
cryptoshark
January 14, 2015, 05:58:01 AM
#12
i turned off my asicminer TUBE Smiley
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