Post
Topic
Board Marketplace
Re: Buy shares NOT
by
DiamondPlus
on 25/08/2011, 14:52:29 UTC
Until i complete 1st rig to successfully mine, i can't go for 2nd rig.
If you thought share profit is also like price of bitcoins, which increases some 10000 times in weeks, its not.
I am doing as much as i can with calculated risk not to spoil anything.
So, it will be some what slower & also whatever i do, the increase in difficulty will definitely reduce the profit in terms of bitcoins.
But in terms of fiat currency, the profit you get will only increase & won't decrease.

If you are in rush & want to make quick money as bitcoin rate increases many times, i can't help you.
Instead of buying shares, you better sell your coins & make quick money.

I can only give slow, but steady profit in terms of bitcoins. But in terms of fiat currency, you calculate yourself.
Once, i get cables i ordered, i will be able to mine with 8 cards.
Also, before that i have to get new electric line, since so far i used domestic line, electrician told, the watt consume meter won't withstand load of more than 4000W.
I hope, with 1st rig in full mining capacity , the meter will start wobbling, so i have to go for industrial or commercial electric supply.
For that, i have to deposit & get a new line & here everything is slow & corrupted will take time or need high bribe.
I cant go for high bribe with my SH money, so have to wait, but will do as much as i can.
Don't worry about power tariff, i already told 6 INR per kilowatt hour, ie, i get ~7 kilowatt hour per USD.
This is commercial tariff only & it is the maximum price. So, if i go Industrial, i will actually get less bill.


Instead of others, they just start anything & go sky high in less time, i always face problems from starting itself & always will move forward by solving problems. So, i won't fall that easily as i don't go sky high & also i can't go below earth.
It is my both curse & gift.

-DiamondPlus