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-   Vancouver Off-Topic / Current Events (https://www.revscene.net/forums/vancouver-off-topic-current-events_50/)
-   -   Bitcoins anyone? (https://www.revscene.net/forums/681292-bitcoins-anyone.html)

SkinnyPupp 12-01-2013 02:59 PM
BTW April is not sold out yet

But yeah it would be infinitely better to get it sooner.. too bad

Who here has the capability to run it? We'd have to get it going up the day it arrives.

falcon 12-01-2013 03:00 PM
I'd be down for a share. I have a programmer friend who could run it. I'll talk to him see if he wants to buy in too.

SkinnyPupp 12-01-2013 03:01 PM
Quote:
Originally Posted by subordinate (Post 8373094)
interested too,

Keep in mind hydro rates are rising 15.6% over 2 years. Neglible costs i guess.

My concern is, why arent more people mining with these machines? Literally money printing machines lol.
Posted via RS Mobile
People are buying them as fast as they can make them... So more people are mining with them! I want to be one of those people!

Every time I passed up something to do with Bitcoin, it has turned out to be a bad decision

We should set up a Google Hangout or something to communicate directly, work out payments, etc

bluejays 12-01-2013 03:26 PM
Shall we create a sign up list then? Better to get it sorted out sooner than later

sh0n 12-01-2013 03:28 PM
Quote:
Originally Posted by falcon (Post 8373297)
QuarkCoin is now number #5 in market cap with $59,000,000. Also, ColossusCoin just cracked the list. Although it's at the VERY bottom (#42) it's starting to climb. I own... wait for it... 85,000,000 ColossusCoins. Haha!. And about 13000QRK now. It's just a wait and see now.
Not sure if serious?

Are you trying to Punt for Colossuscoin? lol:fullofwin:

SkinnyPupp 12-01-2013 03:32 PM
Whoever is seriously interested, add me on Google+. I'll create a hangout that we can use to discuss further

Let me know here that you added me, because I get a few adds a day and can't be sure who is who

falcon 12-01-2013 03:33 PM
I'm being dead serious. Ok, so it's acutally 82,000,000.

http://i.imgur.com/9PEiYaTl.jpg


I almost want to set up a scrypt miner. Mining goldcoin right now full time at 1000mh/s will net 1 BTC every 9 days. coinwarz.com

falcon 12-01-2013 03:33 PM
@SkinnyPup. All this talk is making me want to buy one for myself.... Or two.

ecchiecchi 12-01-2013 03:39 PM
Skinnypup - Added you. Interested in joining this.

Miku avatar

SkinnyPupp 12-01-2013 03:40 PM
Quote:
Originally Posted by falcon (Post 8373334)
@SkinnyPup. All this talk is making me want to buy one for myself.... Or two.
You seem to have the cash for it... If I did I would do it myself too! :okay:

DJ Milk 12-01-2013 03:56 PM
Quote:
Originally Posted by SkinnyPupp (Post 8373331)
Let me know here that you added me, because I get a few adds a day and can't be sure who is who
Added you

bluejays 12-01-2013 03:59 PM
Added - Ryan Lee

lowside67 12-01-2013 04:04 PM
A few questions of the details of this pool... is the machine able to automatically mine to 20 accounts or does somebody have to be the 'keeper' of the account and be responsible for distributing the revenues? Has there been a decisions as to where it will physically live?

And are there any other options we could be considering before April, maybe a different machine?

falcon 12-01-2013 04:05 PM
Quote:
Originally Posted by SkinnyPupp (Post 8373340)
You seem to have the cash for it... If I did I would do it myself too! :okay:
I've been doing reading the last half hour. I'd really just be nervous as to what the difficulty will be come April. Especially with all these huge mining farms popping up in China. Something like 4ph/s going onto the network in short time.

http://www.coindesk.com/bitmine-to-d...-before-april/


Buying two and getting them online the day of arrival would be beneficial. Maybe pay off for like a year or so until it would become much too difficult... Pretty soon 2Th/s will be the new 2mh/s

shawnly1000 12-01-2013 04:10 PM
Quote:
Originally Posted by SkinnyPupp (Post 8373331)
Whoever is seriously interested, add me on Google+. I'll create a hangout that we can use to discuss further

Let me know here that you added me, because I get a few adds a day and can't be sure who is who
Added

subordinate 12-01-2013 04:10 PM
Quote:
Originally Posted by falcon (Post 8373354)
I've been doing reading the last half hour. I'd really just be nervous as to what the difficulty will be come April. Especially with all these huge mining farms popping up in China. Something like 4ph/s going onto the network in short time.

Bitmine to drop 4PH/s of ASIC power onto bitcoin network


Buying two and getting them online the day of arrival would be beneficial. Maybe pay off for like a year or so until it would become much too difficult... Pretty soon 2Th/s will be the new 2mh/s
Yep, this is my concern as well while researching.

The amount of money and infrastucture is incredible.... in these Chinese bit farming mini factories.

subordinate 12-01-2013 04:11 PM
Quote:
Originally Posted by godwin (Post 8373220)
For people interested in FPGA's there are so many linux based FPGA boards out there that are much more capable than the ones people sell for mining. If you are that interested, you can go that route. Get a dev kit from eg Altera, there are several you can pick Development Kits, Daughter Cards & Programming Hardware. or Xilinx, I think Xilinx is a bit ahead of Altera right now in terms of their fabrication process. Get a ATX motherboard, you can have few of them on one computer chassis to maximize IO and power supply.

If you are that worry about power cost.. move to Quebec.

The problem is if you are going higher performance ones. They (as in US) might ask questions.
You seem to know a good amount Godwin, are you mining them?
I understood..nothing what you said lol.

On a side note, guess if Bitcoins become too hard to mine, we could always switch to litecoin right?

SkinnyPupp 12-01-2013 04:22 PM
Fuck google mixes in everyone who added me over the last week, not in order. If you haven't said your name here, please do, or PM me with it if you want to keep it more private

SkinnyPupp 12-01-2013 04:24 PM
Quote:
Originally Posted by falcon (Post 8373354)
I've been doing reading the last half hour. I'd really just be nervous as to what the difficulty will be come April. Especially with all these huge mining farms popping up in China. Something like 4ph/s going onto the network in short time.

Bitmine to drop 4PH/s of ASIC power onto bitcoin network


Buying two and getting them online the day of arrival would be beneficial. Maybe pay off for like a year or so until it would become much too difficult... Pretty soon 2Th/s will be the new 2mh/s
Yup there's about 3 levels of mining... individuals, small groups, and big players like that. I am just trying to put together a small group to get in while I can..

falcon 12-01-2013 04:27 PM
Yeah, that makes sense. I'd join your group. Heck if I buy one or two myself we can make a pool or something. Even if it only works well for 6 months or so, that would still be a lot of bit coin.

ALSO, if the difficulty goes up, and the BTC won goes down. I still believe we are going to see $2000+/BTC. So the value will still be there.

falcon 12-01-2013 04:28 PM
http://bitmine.ch/?product=coincraft-desk-january-batch

Only 1TH but early Feb instead of April...

SkinnyPupp 12-01-2013 04:33 PM
1TH in January is arguably better than 4TH in April, that's for sure

I'll get this google thing set up..

subordinate 12-01-2013 04:34 PM
and 1/3rd the price, who knows, might be profitable to use the profits into the 2Th/s machine

If bitcoinx is correct, @ .104/kwh and 1100 BTC, breakeven point would be after 4 days, not bad. 0.7109BTC / 24 HRs.

SkinnyPupp 12-01-2013 04:43 PM
No that 1TH is the same price as the 2TH.. $6000 or so

Razor Ramon HG 12-01-2013 04:43 PM
I am down to put down $1000 towards this.

Added you on Google, Skinny.

Sent you a message via Hangout.


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