Antpool recently has made a solo mode for miners that really want to try out their luck on block catch.
Even there are other pools offering solo mode mining, but not sure they are worth of trusting your hashrate to.
In case of Antpool I think they are trust worthy.
Pool addresses:
solo.antpool.com:3333
solo.antpool.com:25
us.solo.antpool.com:3333
us.solo.antpool.com:25
Whenever your mining gear will find a block you will get immediately payed out -1% fee from 25BTC.
Quite a nice move to offer a competitive service by the Antpool and a possibility to mine in solo for those who cannot afford to buy a pool.
Topic: Worth investing now? (Read 3181 times)
Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
Luck involves make a block faster then normal or slower then normal. No one really understands why you have a hot or a cold streak. Most pools force the miner to take luck or variance risk (same thing)
F2pool one of the biggest pools takes on the block making risk and pays a flat rate. no luck risk. they charge a 4% fee but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.
here is a link to them
https://www.f2pool.com/
F2pool.com remains the best pick as for me.
You don't have to count the with pool luck, you get an estimated BTC/TH payout every day. Thats why it the biggest mining pool world. The payouts are 0.00945247 BTC / Thash/s at current difficulty rate. However the payout may rise or decrease when the network difficulty is changing.
But once miner is able to concentrate hashing power of 500+ TH, its obvious to go for the luck with available speed, with no mining pool as middleman between the miner and blocks)
I suggest trying to use anotpool and compare your results. I've had other things to do and have not been able to do 24 hour on f2, and antpool to compare.
But antpool does PPS (same payment system as F2) at 2.5 percent - https://www.antpool.com/support.htm . They have done a horrible job advertising this feature but you can change it to PPS from settings.
You can also use the default PPLNS for 0 percent feels (involves luck). I know many do not like this as it is up and down.
But you literally can flip a switch on site to go from PPS to PPLNS. That is a pretty neat feature in my book.
Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
Luck involves make a block faster then normal or slower then normal. No one really understands why you have a hot or a cold streak. Most pools force the miner to take luck or variance risk (same thing)
F2pool one of the biggest pools takes on the block making risk and pays a flat rate. no luck risk. they charge a 4% fee but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.
here is a link to them
https://www.f2pool.com/
F2pool.com remains the best pick as for me.
You don't have to count the with pool luck, you get an estimated BTC/TH payout every day. Thats why it the biggest mining pool world. The payouts are 0.00945247 BTC / Thash/s at current difficulty rate. However the payout may rise or decrease when the network difficulty is changing.
But once miner is able to concentrate hashing power of 500+ TH, its obvious to go for the luck with available speed, with no mining pool as middleman between the miner and blocks)
Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
Luck involves make a block faster then normal or slower then normal. No one really understands why you have a hot or a cold streak. Most pools force the miner to take luck or variance risk (same thing)
F2pool one of the biggest pools takes on the block making risk and pays a flat rate. no luck risk. they charge a 4% fee but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.
here is a link to them
https://www.f2pool.com/
Most here will say it isn't profitable, but it really depends on where you are (i.e. electricity costs) and what you are willing to risk.
It is true there are a lot that bash mining at this point. But if you have low priced electricity you can still make profits. I am, and I know others are.
And the nice thing is when price goes up all your previous holdings go up in value. So it can make a decent jump in value depending on your holdings.
Most here will say it isn't profitable, but it really depends on where you are (i.e. electricity costs) and what you are willing to risk.
If one has enough patience to wait for crypto currency waves, its obvious to invest in coins and earn on the ups&downs of the price.
At the moment BTC, LTC and others are very high and may go even higher. But nobody knows how long they will be so high)
Buy low and sell high is here the main rule if you dont go for the long term coin investments.
Anyway mining is a very delicate occupation costs a lot of time and resources.
At the moment BTC, LTC and others are very high and may go even higher. But nobody knows how long they will be so high)
Buy low and sell high is here the main rule if you dont go for the long term coin investments.
Anyway mining is a very delicate occupation costs a lot of time and resources.
Mining is very competitive. It is only profitable for those with access to the most efficient equipment and resources at the most competitive prices.
we should wait for new harware to be produced and then is the time to invest
Just as predicted Litecoin keeps growing 
hope very much it will hit the 10$ mark soon 
hope very much it will hit the 10$ mark soon it was expected, the halving is approaching, it can not go down, and it still look like a good investments, better than wasting money in mining equipment that will never roi
BTC price is so low that you are just as likely to make dollar profits buying BTC right now as buying miners.
It's not that simply, you never know what the price is going to do. Currently we're at $268 I see. That's an increase of almost $40 in one month, so yes, it was worth buying BTC one month ago. Honestly I expect an increase of the value. Especially because of the troubles with the Euro and Greece now. I'll keep stacking for now
. (I think it's wiser to invest in BTC than in gambling or lotto tickets now).
BTC price is so low that you are just as likely to make dollar profits buying BTC right now as buying miners.
Just as predicted Litecoin keeps growing hope very much it will hit the 10$ mark soon
hope very much it will hit the 10$ mark soon might actually just be a better idea to wait and see what will actually happen with the fork ?
The decision to wait (for whatever reason) or not can only be evaluated at the end.. It might be a great decision now to wait with buying Bitcoins yet, as the value might be -50$ in a week for example. But, the value might also increase. Whether or not you should invest now (or wait), is a bit like gambling I think. (Although some knowledge is usefull).
might actually just be a better idea to wait and see what will actually happen with the fork ?
So if you are in for the to-the-moon jump you better have a lot of patience and self control))
That's true. However, I think you should also short-term invest a bit in altcoins. Atleast, if you have the time (and knowledge & experience) to do that.
Short term trading made my total worth of cryptocurrency in BTC or dollar / Euro increase a lot. Even when you make small profits, you can use these to re-invest.
Mining is just a race against time trying to have some return on hardware investment.
Buy and hold is the way.
Buy and hold is the way.
Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.
Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.
Thank you for your help guys!
With 1,7TH miner price 450$ and with electricity price 0.03$/kwt (what is Almost free
Calculation of expenses: 1,2 kWt*24 hours*30 days*0.03$=26$ and incomes: 1,7 TH*30 days* 0,009BTC=0,459BTC*250$=115
will hit ROI in about 5-6 month, and thats if you have already a PSU, safe room with internet and without rent.
So if you don't have access to free energy it's better to invest into crypto currencies.
Keep on learning about when the market price is going up and down. Buy on low and sell high. Many gain their money this way.
Great calculations Biodom!
However, I'm not sure whether much people are able to pay $0.1 per kwh. I think dollar, I have to pay about $0.3..
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You might also want to look at investing in altcoins. In the last weeks, many altcoins have doubled or tripled in value. I saw my current value of Digitalcoin has doubled since yesterday. (If you were lucky enough to buy some yesterday, you would have 100% profit // 200% ROI in one day. Sure, I know you have to be really lucky to do that. But beware, investing in altcoins is even more dangerous than investing in BTC directly. I think most altcoins are way more volatile.
However, I'm not sure whether much people are able to pay $0.1 per kwh. I think dollar, I have to pay about $0.3..
- -
You might also want to look at investing in altcoins. In the last weeks, many altcoins have doubled or tripled in value. I saw my current value of Digitalcoin has doubled since yesterday. (If you were lucky enough to buy some yesterday, you would have 100% profit // 200% ROI in one day. Sure, I know you have to be really lucky to do that. But beware, investing in altcoins is even more dangerous than investing in BTC directly. I think most altcoins are way more volatile.
For example LTC went finally up to the price level it was almost year ago, when BTC costed 450-500$.
And most probable LTC price will continue to grow bcs of the reward decrease for the found block coming soon.
Of course it would be logical if the BTC price would also grow now, corresponding to the network difficulty going up and compensating the decreased of earnings from mining. But actually crypto currencies markets sometimes act unpredicted emotional more then logical.
Most probably BTC price will grow for sure in a year or so)when the reward decrease for the found block will be coming.
So if you are in for the to-the-moon jump you better have a lot of patience and self control))
abolutely worth, it, notice how the price is slowly climbing again
If you rely only on price movements, better idea is to buy BTC directly. Setting up efficient miner brings some problems to solve, like proper place to manage heat, deliver enough electricity etc. Even if there would be an epic crash on the market, there is much easier to sell BTC than mining gear.
I think most altcoins are way more volatile.
for sure, they are, just because market cap is usually quite low, so "few guys" with some BTC may completely manipulate exchanges:)
OP: because you are not business and you don't have experience, is better for you just buy directly instead of mine..
Correct. However, this volatility enables you to short-term trade between altcoins. Although this requires some knowledge, experience and luck, this might enable you to make some nice profit. The less volatile the coins are, the less profit or loss you are likely to make with investing in it.
Besides short term investing in altcoins, you might also consider long term investing in altcoins. The history shows that as soon as the Bitcoin is increasing a lot in value, much altcoins increase even (much) more in value. I think we're going to experience this pattern again. However, don't place your bet on 1 horse (as we say in the Netherlands); spread your investments so you won't loose everything if 1 coin dies instead of starts sky-rocketing.
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