assuming anything is still running by then
Chat archive · 2017-09
hashingpro · · #27197
hashingpro · · #27198
we will all liekly be shut down by end of the year.
Sluice · · #27199
Same. Trying to keep everything temporary in the garage until the scale is large enough to build something or bad things happen.
Sluice · · #27200
I dunno, trying to stay bullish... wondering if China ends up shutting down mining operations as well.
Sluice · · #27201
Fine line between bullish and losing money, though. I don’t like losing money 
sawczyszyn2554 · · #27202
i think 2000cfm will keep them cool
sawczyszyn2554 · · #27203
cya later guys, thanks for the help. Ill for sure be back to chat if there are regulars
sawczyszyn2554 · · #27204
i got some miners to play with
Sluice · · #27205
Good luck!
hashingpro · · #27206
safe mining
cryptotore · · #27207
ehm, why is my x11 asics mining scrypt? lol xD
cryptotore · · #27208
im pretty sure I only used the n= pw tag last time! ^^
cryptotore · · #27209
do you guys use static diff on ur baikals?
Sodogb19v · · #27210
anyone looking to buy bitmain has stock of D3 and L3+
JustAnotherPLT · · #27211
They are no longer taking USD wire transfers
Sodogb19v · · #27212
i was had to pay in usd transfer, no crypto potion came up on the d3
JustAnotherPLT · · #27213
@sod, I only looked at D3
JustAnotherPLT · · #27214
Sorry I mean L3
Sodogb19v · · #27215
i got wire transfer option for L3 that was last week though
Sodogb19v · · #27216
any idea why the L3 price doubled since first batch?
JustAnotherPLT · · #27217
Cause they can hah
Sodogb19v · · #27218
true supply and demand
JustAnotherPLT · · #27219
When they are selling for 5k+ on eBay, it was inevitable that Bitmain would raise the price.
Sodogb19v · · #27220
i hear ya
JustAnotherPLT · · #27221
At this rate, looking at these returns, 5k ROI is impossible. Hopefully something changes
ishkatar · · #27222
Hi guys... I’m having the dead/alive "no shares" issue again... what is going on?
cryptotore · · #27223
What did you pay 5k for?
Jalapan · · #27224
Nothing will change .. this is how mining works.. more ppl = less profit.. and alot of new people with very poor mining experience just dosent seem to get it.. they dont even know how to configure one buy still they buy one because a website says they will earn x amount of $ per day
JustAnotherPLT · · #27225
On the L3+, you guys using a 3rd pool or just two?
JustAnotherPLT · · #27226
I didn’t pay 5k, I was saying people are on eBay.
Jalapan · · #27227
its the same with D3 i feel sorry for all november batches..
JustAnotherPLT · · #27228
@Jalapan, comments like that are dumb to me. I take it you were an expert when you got into this.
JustAnotherPLT · · #27229
@ Jalapan, Did you expect this to be a secret club that only the few and proud do? Please....
cryptotore · · #27230
Damn, pool down?
JustAnotherPLT · · #27231
No, I’m running fine
Jalapan · · #27232
no i was not. but i didnt buy a 2-5k$ asic computer because a website told me i would earn alot of money.
cryptotore · · #27233
Hmm, my baikal cubes said the pool was dead for about 30 sec, weird
cryptotore · · #27234
its alive again 
cryptotore · · #27235
Mining is all about when you sell the coins IMO. You can always ROI
JustAnotherPLT · · #27236
@Jalapan, to some, 2-5K isn’t a lot of money and curiosity brought them into your secret club.
cryptotore · · #27237
Unless you bought into terraminers lol
JustAnotherPLT · · #27238
What ever you do, there will ALWAYS be newbies, helping makes you a better person
JustAnotherPLT · · #27239
@crypto, I couldn’t agree more
dc101 · · #27240
how much you can earn on L3+ the past few days? thanks
dc101 · · #27241
and how much can you get on a D3 if anyone has it here?
hashingpro · · #27242
a L3+ 17 dollars?
cryptotore · · #27243
L3+ is about 10$/day
cryptotore · · #27244
Jk, its closer to 20$
cryptotore · · #27245
A L3+ at nicehash generates 0.0052 btc/day
hashingpro · · #27246
so yesterday the site reported 1MH as .0395 X 500 = 19.75 for a perfect i was on the whole day day.
hashingpro · · #27247
and of course no one was or ever will be on for the full day
Jalapan · · #27248
and 1 month ago it was 45+ $ / day.. so give it a month and i think you wont even break even if you buy one. the
hashingpro · · #27249
id not be surprised to see 5 or 10 bucks per day come november
hashingpro · · #27250
there are 2 or 3 shipments of L3 between now and then
Jalapan · · #27251
soon you earn more mining bitcoin with and S9 then scrypt..with a L3+
cryptotore · · #27252
Well, if you get paid in BTC, and BTC value in a couple of years is 10.000$. Then what?
cryptotore · · #27253
I’d say that sounds like ROI
JustAnotherPLT · · #27254
Not at this website, it drops often, growing pains.
hashingpro · · #27255
depends if you can pay out of pocket to keep them lights on
hashingpro · · #27256
otherwise you wont last a year for it to double to make the ROI
JustAnotherPLT · · #27257
I’d hope everyone has a real job! This isn’t a career by any means.
Jalapan · · #27258
you cant tell what will happend to bitcoin in a couple of years. look at the china regulation brought btc down from 4800$ to ~3700$ . what if US or EU decides to regulate?
cryptotore · · #27259
Agree, you should be able to pay electricity bill without selling coins. Thats necessary imo
hashingpro · · #27260
what if china bans all crypto currency from its citizens
Jalapan · · #27261
Mining companys like bitmain are the ones reaping the profit here
JustAnotherPLT · · #27262
US isn’t looking to control it, only tax it.
hashingpro · · #27263
and there is a mass selloff and the bottom drops out
cryptotore · · #27264
Ofc you can’t tell!
JustAnotherPLT · · #27265
We are much different than China
cryptotore · · #27266
China is going to regulate is as well. There are no bans afaik..
hashingpro · · #27267
if china wants to get off the boat of the next globally changing technology to roll over the planet, good on them.
JustAnotherPLT · · #27268
We already have language that this is considered capital gains tax, they are getting their money.
cryptotore · · #27269
They ban BTC/CNY pairs etc, right?
dc101 · · #27270
well I am getting $55 for 2 l3+ on different web
dc101 · · #27271
just want to switch back
dc101 · · #27272
but if the case is only $1x per day then I guess I just stay where I am
hashingpro · · #27273
@Just they are only getting the money from the people who plan to file, the rest are expecting to stuff this into paypal and never pay a tax cent.
cryptotore · · #27274
Afaik they are creating their own token like USDT, so the chinese are forced to trade BTC/"CNYT". So they can control the money flow.. its not going to get banned xD
dc101 · · #27275
hashingpro paypal does report tax if you get more than 20k
Jalapan · · #27276
you can do the math urself just look on prohashing charts per 1MH/s and divide that price by 100 then multiply with 504(for and l3+)
JustAnotherPLT · · #27277
@hash Sadly you are correct. I’m too established to be having the IRS knocking on my door over this!
JustAnotherPLT · · #27278
I’ll claim my earnings and sleep soundly at night.
hashingpro · · #27279
yeah if you are making the big bucks you have to
hashingpro · · #27280
but you have to see that most people with 1 L3 miner in their bedroom closet
hashingpro · · #27281
are only stuffing 800 a month on paypal, and wont ever report that money
JustAnotherPLT · · #27282
I’m quickly learning this, yes.
hashingpro · · #27283
so yeah the US is losing out on income and wants their fair share
dc101 · · #27284
I didn’t even know paypal do accept bitcoin
JustAnotherPLT · · #27285
Hey, I run into many people who cheat the system, I don’t judge, been there done it many times. There’s always a way.
JustAnotherPLT · · #27286
You could easily make this an LLC and write off all this equipment as a loss
JustAnotherPLT · · #27287
Super easy to make this a tax deduction.
hashingpro · · #27288
@DC pool - to coinbase wallet - to paypal - to bank
dc101 · · #27289
i see thanks for your help hashingpro
hashingpro · · #27290
and stuff a third that lands in the bank into savings for uncle same comes knocking asking for his share
cryptotore · · #27291
Why don’t you want to pay taxes? Americans.. lol 
hashingpro · · #27292
simple, math is hard M'kay?
hashingpro · · #27293
because 5 out of 3 americans have trouble with fractions.
cryptotore · · #27294
Sounds legit
hashingpro · · #27295
because most people are about as much use as a slingy. but they both still make you laugh when you toss them down the steps.
hashingpro · · #27296
so with all the downtime, should the profits be half as normal, or will they still divide payout by hash for that time and get a per day had we been able to be on all day estimated?