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@ Foxx « Fri 1:39 pm »
i think everyone should turn there miners off (except me of course) :D lets get that Difficulty to drop dramatically.
@ wackhelp « Fri 1:30 pm »
Golem
@ wackhelp « Fri 1:28 pm »
Golem
@ alim « Fri 10:44 am »
have to dash to work.. have fun out there - the sky is bright blue here in Edinburgh
@ CSZiggy « Fri 10:44 am »
it all depends on your situation. if you have lower costs to operate or free electrticty, its all free money.
@ CSZiggy « Fri 10:43 am »
some people take coins. but with the prices down, may cost more than its worth.
@ minerproo « Fri 10:43 am »
Mining is dead you mean?
@ alim « Fri 10:43 am »
true. Many are selling off their miners now rather than wait. I have no spare cash right now.
@ CSZiggy « Fri 10:42 am »
yep, if it doubles. But wouldnt I buy a coin and have 25% more in double?
@ CSZiggy « Fri 10:41 am »
I could buy a full coin and save money, so why would I still mine
@ alim « Fri 10:41 am »
understand. If the value at end of year doubles, would that cover the electricity
@ alim « Fri 10:41 am »
Figure out what you can afford to lose. Work from there across multiple scenarios...
@ CSZiggy « Fri 10:40 am »
.025 a day coin payout X 30 days = .75 litecoins. even at $100 a coin, thats only $75 a month. I pay more than that in electricity, so not profitable for me.
@ alim « Fri 10:40 am »
by the time the price rises, the difficulty will be so high, the weight per day will be eroded
@ alim « Fri 10:39 am »
Prohash is better than elsewhere in my opinion. I won’t turn off yet as I’m holding for long term..
@ minerproo « Fri 10:39 am »
what about buying from nicehash?
@ CSZiggy « Fri 10:38 am »
not for me, I must pay too much for electricity
@ alim « Fri 10:38 am »
I’ve dropped 1/2 since I started
@ minerproo « Fri 10:38 am »
you saying prohash is not profitable anymore?
@ alim « Fri 10:38 am »
I am laughing so hard my chair is bouncing...
@ minerproo « Fri 10:37 am »
You men
@ CSZiggy « Fri 10:37 am »
I still have 110,000 siacoins. Hope one day they will be worth something at least.
@ alim « Fri 10:37 am »
So my plan is to target new coins... those two pools have a shed load of X3’s attached. EH’s top 10 account for 50% of the hashrate of the pool
@ CSZiggy « Fri 10:36 am »
when a new ASIC hits an algo that didnt have one before, 1 month is about all it takes.
@ alim « Fri 10:36 am »
understand, I felt that way by the time the X3 arrived - most coins have flipped over to v7
@ CSZiggy « Fri 10:36 am »
yep and I doubt the X3 makes profit after the 1st month
@ CSZiggy « Fri 10:36 am »
A3 wasnt worth the cost about 1 month after they were released
@ alim « Fri 10:35 am »
A3 is Blake
@ alim « Fri 10:35 am »
The X3 is still at $1600 plus
@ alim « Fri 10:35 am »
you can buy an A3 for about £120
@ CSZiggy « Fri 10:35 am »
when the A3 released it was making mad money...for a month
@ CSZiggy « Fri 10:34 am »
shipping was 15-30, have they all shipped out and gone online yet?
@ alim « Fri 10:34 am »
even now
@ alim « Fri 10:34 am »
It makes more than my other combined
@ alim « Fri 10:33 am »
best pools are easyhash pro and fairhash
@ CSZiggy « Fri 10:33 am »
did they release?
@ alim « Fri 10:33 am »
X3
@ CSZiggy « Fri 10:33 am »
do cryptonights have ascis yet?
@ alim « Fri 10:33 am »
but no, I don’t expect the SHA-256 to be earning the same.. That is why I’m keen to switch on the ASIC BOOST
@ CSZiggy « Fri 10:32 am »
no, turned my rigs all off. Wasn't earning enough coins via electric. I can buy coins for less $ now
@ alim « Fri 10:32 am »
some cryptonights aren’t... yet.
@ minerproo « Fri 10:32 am »
@csziggy you do not mine anymore?
@ CSZiggy « Fri 10:32 am »
you think bitcoin miners earn more today than they did last year?
@ CSZiggy « Fri 10:31 am »
all difficulty is one way
@ CSZiggy « Fri 10:31 am »
i'd not solo. static mine sure thats where the profits where when the live coins were live and not delayed
@ alim « Fri 10:31 am »
My concern is that for Scrypt, difficulty is one way. When you flip them back on, they will earn even less
@ alim « Fri 10:30 am »
I am considering the same... Tried solo mining but was not hitting blocks
@ CSZiggy « Fri 10:30 am »
I shut down 3 weeks or so ago. Wasnt profitiable for me anymore
@ CSZiggy « Fri 10:29 am »
its the number of coins needed / $ value needed
@ alim « Fri 10:29 am »
yeah - I’m a bit gutted - we are cash poor right now
@ minerproo « Fri 10:29 am »
i guess in dollars minimum payout is 1$
@ minerproo « Fri 10:29 am »
Payout threshold: 2.03273037 for ripple is now its 40 cents
@ alim « Fri 10:28 am »
Fingers crossed nothing goes wrong. Working in a location where I can’t monitor the miners - catch up very late tonight or very early tomorrow..
@ CSZiggy « Fri 10:28 am »
did not expect to get up this morning to a 10% drop across the boards.
@ alim « Fri 10:27 am »
Scotland does really "do" iced tea....
@ CSZiggy « Fri 10:27 am »
only if its hot and fresh. Only way to power sub-ether heart of gold.
@ alim « Fri 10:26 am »
Does drinking tea count?
@ CSZiggy « Fri 10:26 am »
and it stays like that for a few minutes, and from 2 minutes of mining, you make more than the rest of the autopool does in the whole day.
@ CSZiggy « Fri 10:26 am »
And then you hope for a TEACOIN situation, where the next lowest coin is worth 30.965 profit and TEACOIN is worth 1,340.021
@ alim « Fri 10:24 am »
The value will fluctuate with the market price....

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