Post
Topic
Board Pools
Re: [ANN] CoinLab Protected Pool
by
AmDD
on 29/11/2012, 01:48:04 UTC


There is a two-year expiration date on loyalty points from the time we cross below the price floor.  Because the crossing of the threshold was caused by the block reward halving, Loyalty Points will expire two years from today - 11/28/2014.   

Interesting aside.  Wink  If I had Loyalty Points, I would probably wait until ASICs hit if I was still mining profitably. However, if I was planning on ebaying my GPUs before they become depreciated from obsolescence, maybe squeezing them for all they got as fast as possible is the way to go.  Tough call. I'd love to hear more about other people's strategies. 

I don't think most miners that are on CoinLab are planning to Ebay their gear.  There is a rumor floating around about some company that is supposedly developing a custom client for GPUs to do HPC work.  No proof of this yet of course.   Grin

Ha! Smiley

My plan is to hang onto my points for a bit. Currently roughly 50% of what I make goes to electric costs and the rest is profit as my GPUs paid for them selves just recently  Grin They are also helping heat the house this winter.