Search found 16 matches

by RCMco
Thu Dec 06, 2018 10:45 am
Forum: Economics and investing
Topic: When mining is no longer profitable
Replies: 15
Views: 6337

Re: When mining is no longer profitable

I have (12) S9 units and (12) L3+ but most are shut down too. I was looking forward to this time of year when I could run everything and not need to deal with the heat issue (live in Rhode Island) but I never thought it would get to the point when the generated income does not even cover the electri...
by RCMco
Thu Dec 06, 2018 8:51 am
Forum: Economics and investing
Topic: When mining is no longer profitable
Replies: 15
Views: 6337

Re: When mining is no longer profitable

I understand what you are saying but I would have thought that the "self correcting" system would have created a type of safety net again the amount of freefall that seems to be happening to most if not all coins. I am familiar with expense deductions as I do this with my primary business (law firm)...
by RCMco
Wed Dec 05, 2018 5:51 pm
Forum: Economics and investing
Topic: When mining is no longer profitable
Replies: 15
Views: 6337

Re: When mining is no longer profitable

I agree with your in theory but using that logic I figured more miners would have been attracted as the difficulty has dropped over the past few months reducing the overall slide. I know it was a little over valued because of all the people who bought in thinking they would make some quick money but...
by RCMco
Wed Dec 05, 2018 2:36 pm
Forum: Economics and investing
Topic: When mining is no longer profitable
Replies: 15
Views: 6337

When mining is no longer profitable

With the price of BTC, LTC and others dropping daily, you cant help but wonder what is going to happen once the price drops so low that mining isn't profitable even with current ASIC miners. Without enough miner support what is going to happen to the blockchain? Are transactions going to take a lot ...
by RCMco
Fri Dec 01, 2017 5:25 pm
Forum: System support and feedback
Topic: BOUNTY OFFERED FOR FIX
Replies: 4
Views: 1385

Re: BOUNTY OFFERED FOR FIX

I should have posted that.... It is 15.1
by RCMco
Fri Dec 01, 2017 3:49 pm
Forum: System support and feedback
Topic: BOUNTY OFFERED FOR FIX
Replies: 4
Views: 1385

BOUNTY OFFERED FOR FIX

Hello fellow miners, I have a problem with my Bitcoin Core wallet and am willing to pay someone a commission if they can provide the solution. My wallet seems to be stuck on a transaction and I cannot find a way around it. When I try to send a payment it processes fine and I even get the popup that ...