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Topic: Yacoin Price about to Jump - page 5. (Read 10323 times)

legendary
Activity: 2940
Merit: 1090
May 12, 2013, 09:38:27 PM
#86
It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

If the added load on the CPUs cost more than they rake in, they are losing you money not gaining money, so unless you are just making sure you get the max electricity your rent includes, or are stealing the use of other people's CPUs, it is not always economical to run the CPUs mining something compared to letting them idle.

It was economical CPU mining BBQcoin for a year or so, and possibly might turn out to to have been CPU mining Tenebrix and Fairbrix, but most coins using CPUs on them is a net loss.

-MarkM-
full member
Activity: 182
Merit: 100
fml
May 12, 2013, 09:35:47 PM
#85
You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   Roll Eyes
Are people really this stupid?

Ah.  It makes more sense to use the spare 99% cpu power on those LTC mining rigs to do something, anything at all.  Unless your concerned about power and hardware costs.

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?

What? I am concerned about power costs...I don't live with my parents, I have a power bill to pay. The hashrate of my CPU's, and the value of YAC, does not cover the cost of running my CPU's at %100 load, 24/7. And I'm not going to use my profits from my GPU's, to cover the loss. This is business. Are you slow?
donator
Activity: 686
Merit: 519
It's for the children!
May 12, 2013, 09:33:14 PM
#84
You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   Roll Eyes
Are people really this stupid?

Ah.  It makes more sense to use the spare 99% cpu power on those LTC mining rigs to do something, anything at all.  Unless your concerned about power and hardware costs.

It makes 0 sense to have a bunch of 7xxx cards mining LTC with Idle cpus which could generate even $.10 per month.

Tell you what all mighty, give me and everyone else using our spare cpu cycles $1 a month and we'll stop?  No? not a good deal?
sr. member
Activity: 644
Merit: 250
May 12, 2013, 07:07:11 PM
#83
LOL he said BFL.  Roll Eyes

BFL has started shipping, and those who got their units, seemed pleased with them...

Yeah, just like these have https://bitcointalksearch.org/topic/new-asic-with-off-wdc-support-203342

K.

What? Are you banned from BFL forums or something? Jalapeno's have started shipping...

lol, you took me seriously (did you not read the post) Grin

K.
sr. member
Activity: 357
Merit: 250
May 12, 2013, 06:58:18 PM
#82
they added CNC when CNC was .002 or close

No, they added CNC when it was ~0.00365 BTC (. I've seen this moment half hour after that. And there are one man who i suppose missed a key and plase buy order with 1:1 price than cancelled it. Then 24hours after that graph is fixed and showed a current situation right. From moment of adding CNC this coin falls fast, then two or three pumps and now we see current price..
full member
Activity: 182
Merit: 100
fml
May 12, 2013, 06:20:01 PM
#81
LOL he said BFL.  Roll Eyes

BFL has started shipping, and those who got their units, seemed pleased with them...

Yeah, just like these have https://bitcointalksearch.org/topic/new-asic-with-off-wdc-support-203342

K.

What? Are you banned from BFL forums or something? Jalapeno's have started shipping...
hero member
Activity: 707
Merit: 500
May 12, 2013, 06:19:34 PM
#80
You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   Roll Eyes
Are people really this stupid?

BFL? really? You're kidding right?
donator
Activity: 686
Merit: 519
It's for the children!
May 12, 2013, 06:13:13 PM
#79
Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Do you seriously lose time for $1 a month?

I lose $1 and 10 minutes a day buying coffee.  Makes sense to lose 10 minutes a month to make $1, if I do it 30 times a month my coffee is free.

It was a theoretical statement, though my inactive CPU time made a few hundred dollars on yacoin, I'm not turning it off unless I find something better to use the cycles for.
sr. member
Activity: 644
Merit: 250
May 12, 2013, 06:11:00 PM
#78
LOL he said BFL.  Roll Eyes

BFL has started shipping, and those who got their units, seemed pleased with them...

Yeah, just like these have https://bitcointalksearch.org/topic/new-asic-with-off-wdc-support-203342

K.
hero member
Activity: 756
Merit: 501
May 12, 2013, 06:09:22 PM
#77
Yeah those who got them. If you order now, you'll get as much btc by the time you recieve it, as if you mine with a 5770 now. Just a badly educated guess but it'll be not nearly as much as today for sure...
Also I'd go for the DIY folks here on the forum, they seem more reliable, not to mention the price. Srsly i lol'd when you mentioned BFL.
Also YAC price is much higher than the 0.00001 figure you answered to. In the end it comes down to personal preference and willingness to take risks.
full member
Activity: 182
Merit: 100
fml
May 12, 2013, 06:03:57 PM
#76
LOL he said BFL.  Roll Eyes

BFL has started shipping, and those who got their units, seemed pleased with them...
newbie
Activity: 28
Merit: 0
May 12, 2013, 06:03:45 PM
#75
Price is goin' crazy right now  Cheesy
legendary
Activity: 1148
Merit: 1000
May 12, 2013, 06:00:58 PM
#74
You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   Roll Eyes
Are people really this stupid?

2 Words: University Clusters


ok now? did you get it?
hero member
Activity: 756
Merit: 501
May 12, 2013, 06:00:18 PM
#73
LOL he said BFL.  Roll Eyes
full member
Activity: 182
Merit: 100
fml
May 12, 2013, 05:52:49 PM
#72
You'd be better keeping it to yourself, because if these fanboys, find out that it's being GPU mined, they'll have nothing left to hold on too.

One thing to consider is that, one doesn't just GPU mine YaCoins. GPU mining YACs has to be more profitable than CPU mining YACs + GPU mining something else, otherwise it's a waste. Anyone doing it would have to believe YAC value would skyrocket.

At it's current prices, YAC isn't profitable to mine, with anything

Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Yeah, because that makes much more sense then setting up 4x 7970's, and mining LTC....Or ordering a rig or 2 from BFL, and mining BTC, @ 40w / 5GH/s   Roll Eyes
Are people really this stupid?
legendary
Activity: 1148
Merit: 1000
May 12, 2013, 05:44:39 PM
#71
Well dont say I didn't warn ya all  Wink
sr. member
Activity: 406
Merit: 250
The cryptocoin watcher
May 12, 2013, 05:44:31 PM
#70
Yeah, and somebody removed their sell wall around ~0.001. I think buys are eating through some sell and forget orders now.
full member
Activity: 224
Merit: 100
May 12, 2013, 05:43:50 PM
#69
How can a coin with the name YAC not be worth $100.000 each?  Roll Eyes
hero member
Activity: 756
Merit: 501
May 12, 2013, 05:42:21 PM
#68
0.00087 now and a 12 BTC buy order at this price.
For the history records, because in the future no one will be able to imagine that YAC has been so cheap.  Cheesy
full member
Activity: 196
Merit: 100
May 12, 2013, 05:11:27 PM
#67
Lol.  at .00001 YAC is profitable to mine for a lot of people.  Remove electric and server costs (and thief's and botnets) and there is likely a population with access to cputime with $0 cost.  I know a lot of call centers with hundreds of low power seldom used PC's.  If each gets 10Khash and the electric is included in rent, a system admin could easily work out a profit sharing deal to use the PC's on off hours.  Even at $1 a month once automated it's profitable.

Do you seriously lose time for $1 a month?
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