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Chat archive · 2017-09

hashingpro · · #22376

no, they any good?

hashingpro · · #22377

reliable decent payouts?

mvcatt · · #22378

so i think you actually get pretty good payouts except its all manual

mvcatt · · #22379

so you have to convert the coins on an exchange which kind of blows

hashingpro · · #22380

so its multipool mining and you get those coins you mine

hashingpro · · #22381

and then you get to try and offload the werid coins that only move 10 per day.

mvcatt · · #22382

yea thats the way i understood it i was using yobit to sell seemed to work okay

mvcatt · · #22383

but it tells you what exchanges have the highest prices currently and everything

hashingpro · · #22384

yeah but for oddball coins I end up sending stuff over to polo to wallet it and exchange it there

hashingpro · · #22385

their token system is wierd, the withdraw limit sucks, and prices are inflated so they make higher fees.

hashingpro · · #22386

rather stick to coins I can easily move when needed.

mvcatt · · #22387

yea thats true

hashingpro · · #22388

so on nicehash....Payouts for balances greater than or equal to 0.1 BTC to external wallet 3%

hashingpro · · #22389

so each time you get OVER $460 or whatever you can transfer .1 BTC out and only pay 3% on it.

hashingpro · · #22390

otherwise you pay 4% to move that value less than .1 BTC

mvcatt · · #22391

wow that seems high

hashingpro · · #22392

so if you are only mining 20 dollars a day, you would have to failover to that site....23 days worth of hashing before you could access the bitcoins at only 3% fee, otherwise anytime along the way to .1, you are paying 4% feee to withdraw.

hashingpro · · #22393

like I said, NH has hidden fees, they also charge a fee per day to move that days earned rewards into your wallet on their site for storage.

mvcatt · · #22394

so what over % do you think it comes out to?

mvcatt · · #22395

overall i mean

hashingpro · · #22396

ill have to wait until i get the data from all 3 sites to make a baseline and how far the other 2 are over it % wise.

hashingpro · · #22397

if you are willing to wait, there is a 3% fee just to move the coins out of NH.

hashingpro · · #22398

so whatever your daily profit over there is, you have to subtract that 3, or you arent calculating the profits, you are figuring the gross, not the net.

mvcatt · · #22399

does the earnings tab on PH already show fees subtracted or no?

hashingpro · · #22400

yes i believe the fees are subtracted as we go

hashingpro · · #22401

those numbers should be your numbers, if I understnad it correctly, anyone know otherwise want to chime in?

mvcatt · · #22402

thats kind of how i figured it would work but wasnt sure.

hashingpro · · #22403

right at the top of their help page... Since Prohashing is a pay per share pool, you will be credited immediately for all valid work. Our fee is a flat 4.99% to use all our features including an unlimited number of payout coins, and we do not charge any additional fees*. Our pool fee covers the exchange fees, exchange withdrawal fees, and payout fees; unlike other pools, we do not deduct any other fees (such as exchange fees) from your earnings before charging the pool fee. Prohashing's live profitability (what the average customer actually receives) is always displayed at the top of the site.

mvcatt · · #22404

so it seems like what you see is what you get basically which is nice.

hashingpro · · #22405

yeah one thing everyone can agree on, the brothers here are very transparent.

hashingpro · · #22406

if there is an issue they seem to own it, explain it, and work it out

hashingpro · · #22407

and they comp when there are issues or errors, most other places would be like, too bad, sorry.

mvcatt · · #22408

yea from the little time that ive been here and the reading ive done they seem like pretty good dudes

hashingpro · · #22409

and LOVE LOVE LOVE constant updates

hashingpro · · #22410

the daily this is were we are, this is what we are working on, this is future plans, Love that insight

mvcatt · · #22411

for sure i only wish i could be paid in ripple though but its not too hard to sell a little and buy some

hashingpro · · #22412

yeah im sure there arent ANY markets at all to trade...BTC or LTC for ripple.

mvcatt · · #22413

hmmm /s or no?

hashingpro · · #22414

must be frosty outside tonight, ceiling exhaust fan at the miner site just turned off, and it runs until its under 80 at the ceiling vent.

hashingpro · · #22415

yeah sorry had sarcasm font on.

mvcatt · · #22416

jeez man you sound like you have quite the set up im just running one miner and then buying coins

mvcatt · · #22417

what you think of ripple anyways?

hashingpro · · #22418

oh ive heard good things., it might be the next IT one to pop up.

hashingpro · · #22419

doesnt have the public knowledge of it yet compared to the other name dropping coins.

mvcatt · · #22420

i can only hope lol that and LTC are my two biggest holdings which isnt saying very much though

mvcatt · · #22421

which other ones do you mean?

hashingpro · · #22422

when people talk about crypto on the news, the hit on 3 major coins.

hashingpro · · #22423

that i've mostly heard, bit, lite, and ether

hashingpro · · #22424

for some reason those 3 grouped together come off short, sweet, and easy to say on broadcasts or whatever

hashingpro · · #22425

but LCT is like 5th or 7th coin?

hashingpro · · #22426

for market share/trading whichever daily

hashingpro · · #22427

so there are other coins between 1 and 5 the missing 2, most people dont cover them in news, or other broadcasts.

hashingpro · · #22428

so list the top 7 coins by market cap or trading volume per day

hashingpro · · #22429

see what you come up with.

mvcatt · · #22430

yea its typically those and BCH and ripple in type 5

hashingpro · · #22431

BCH jump into a spot?

hashingpro · · #22432

or just residue over the BIG SPLIT

mvcatt · · #22433

that i honestly couldnt tell you

mvcatt · · #22434

anyways good chatting with you man gotta hit the hay for work

hashingpro · · #22435

yep yep, catch you tomorrow

hashingpro · · #22436

and just in time for bed, site looks offline

Harrison · · #22437

So XRP is pretty decent, I thought it was going to do well at .03, then jumped to like .35 or so. I think ZCASH could be a solid choice in the long run

Harrison · · #22438

And I used nicehash for a few months and still do for GPU mining, but I think prohash is quite a bit better

hashingpro · · #22439

i may try and pickup some GAME

Harrison · · #22440

GAME has some good potential too

Harrison · · #22441

just due to the market

hashingpro · · #22442

if all the console people got in and accepted it and made it a standard value

Harrison · · #22443

gamers are generally more technically advanced than others, and from personal experience, selling accounts is sketchy

hashingpro · · #22444

so you could buy it and trade it and earn it as tokens in games or something

Harrison · · #22445

Yeah, I think that’s the long term plan, basically have it replace game currencies to have a standard

hashingpro · · #22446

you have the MS ONE online, and the PS online and the nintendo online...make them all 1 coin vlaued store

hashingpro · · #22447

mom buys kids a 50$ game credit coupon, they enter the code, redeem the points

Harrison · · #22448

Yeah, and steam, League, Overwatch, etc.

hashingpro · · #22449

spend them on whichever console

Harrison · · #22450

a singular game currency

hashingpro · · #22451

they make a steamcoin? that seems like it would take off if through value

Harrison · · #22452

Yeah, it has a ton of potential, there is a Fund manager that’s big into BTC, ZCASH, and Game

Harrison · · #22453

I don’t think they do, but the games on steam could use GAME

Harrison · · #22454

So just curious, with your fan setup, how many miners are you running?

hashingpro · · #22455

9 currently, at a third of capacity

hashingpro · · #22456

another batch coming in the next 2 weeks or so.

Harrison · · #22457

nice! that’s pretty ballin - I had 5 going, the heat was insane

Harrison · · #22458

oh nice!

Harrison · · #22459

L3+ or D3?

hashingpro · · #22460

18 L3+, 5 D3

Harrison · · #22461

oh shit, nice!

Harrison · · #22462

I’m just running 5 L3+ and then GPU mining zcash

Harrison · · #22463

the heat from 5 was pretty crazy, couldn’t imagine the heat from 18

hashingpro · · #22464

i was tell the guys last night I ran a X-11 rig for 1 year then shut it down, no profits, sold it and was down 2500 on the project

Harrison · · #22465

wow, that’s so brutal

hashingpro · · #22466

3 years later when the coins spiked, sold them for 20K profit

Harrison · · #22467

there you go!

Harrison · · #22468

The L3+ are doing pretty well, but are the D3’s more profitable?

hashingpro · · #22469

depends when they come in, i see that profitiblity dropping like a stone.

hashingpro · · #22470

if I can roi in 2-3 months ill take it

hashingpro · · #22471

plan is to have all the machines paid off that i paid into them by end of the year, and then profit next year.

Harrison · · #22472

oh yeah, since I ordered my L3+’s to when I got them, the ROI was like 8-10 days to mid-upper 20’s

hashingpro · · #22473

i stil have to pay myself back for spending this much in the first place.

Harrison · · #22474

me too lol

Harrison · · #22475

Took a gamble a took out a loan on my 401k for those 5 miners