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Showing 14 of 14 results by allegro
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Board Mining speculation
Re: Antminer S5, a good idea ?
by
allegro
on 03/04/2015, 02:30:46 UTC
Quote from: Minerjoe on March 31, 2015, 11:16:43 AM
Quote from: allegro on March 27, 2015, 07:25:54 PM
Quote from: Tupsu on March 21, 2015, 11:05:44 PM
Better to buy 1155GH/s from Hashnest

www.hashnest.com
Antminer S5
Power: 0.51w/GHS
Maintenance Fee:$0.001175/GHS/Day

Then you see yourself, is S5 profitable or not.  

Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for.

Bitcoin News Magazine

Any ETA on S6?

You can take a look at the S6 speculation thread at https://bitcointalk.org/index.php?topic=903228.0

Bitcoin News Magazine
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Topic
Board Service Discussion
Re: where can i buy a Bitcoin miner
by
allegro
on 02/04/2015, 01:18:56 UTC
I am keeping track of all the Hashnest contracts using a spreadsheet on how to profit with Bitmain Hashnest and last week the S2 actually was most profitable.

Bitcoin News Magazine
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Topic
Board Services
Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign
by
allegro
on 30/03/2015, 12:27:26 UTC
@marcotheminer will your new bitcoin debit card ship to US residents?

Bitcoin News Magazine
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Topic
Board Service Discussion
Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
by
allegro
on 30/03/2015, 02:56:12 UTC
Notification in ZenPortal:

https://bitcoinnewsmagazine.com/images/nomore.png

Bitcoin News Magazine
Post
Topic
Board Mining speculation
Re: What's a good miner to use at home?
by
allegro
on 27/03/2015, 19:33:28 UTC
Quote from: cretine on March 23, 2015, 05:43:04 PM
I'm looking for a profitable miner to run at home, I'm willing to pay the electricity and keep the rest of the BTC so it has to have relatively good profitability.

Antminer S5 is the most cost effective miner at present. With a power draw of less than 600 watts at the wall anyone can use one at home. You would not want it in your living room or bedroom due to fan noise though.

Unless you already have a suitable power supply you could just buy an Antminer S5 converted to hashrate at Hashnest for $390. That way if you got tired of mining you could sell your GH immediately on the Hashnest market.

Bitcoin News Magazine
Post
Topic
Board Mining speculation
Re: Antminer S5, a good idea ?
by
allegro
on 27/03/2015, 19:25:54 UTC
Quote from: Tupsu on March 21, 2015, 11:05:44 PM
Better to buy 1155GH/s from Hashnest

www.hashnest.com
Antminer S5
Power: 0.51w/GHS
Maintenance Fee:$0.001175/GHS/Day

Then you see yourself, is S5 profitable or not.  

Since Bitmain lowered the cost of purchasing one S5 to hash to $390 it is a bit less expensive to go ahead and buy one miner, converted to hashrate rather than buy S5 GH/s on the internal market. It will be interesting to see what the S6 sells for.

Bitcoin News Magazine
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Topic
Board Service Discussion
Re: where can i buy a Bitcoin miner
by
allegro
on 23/03/2015, 15:20:27 UTC
Antminer S5 converted to hashrate price is back down to $390 or $0.338/GH/s on Hashnest. If you buy hashrate on the internal Hashnest exchange price is currently $0.347/GH/s for AntS5.

Bitcoin News Magazine

https://bitcoincloudmining.link/images/antminerS5.png
Post
Topic
Board Mining speculation
Re: Should setting up a mining rig at home always be profitable
by
allegro
on 21/03/2015, 17:13:07 UTC
waldohoover here on the forum runs coiningsolutions.com and will set up a full bitcoin node for you for $19/year with $10 setup fee see https://www.coiningsolutions.com/node/ if you cannot handle yourself.

If you have to scratch the mining itch and your power cost is less than 10 cents/KW/hour consider buying one Antminer S5 from Bitmain there is a decent chance you will ROI in about a year. Without cheap power consider hosted hashing from Hashnest.

Bitcoin News Magazine

 

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Topic
Board Service Discussion
Re: where can i buy a Bitcoin miner
by
allegro
on 19/03/2015, 14:08:41 UTC
Hashnest is legitimate cloud mining. Here is a photo of their farm:

https://bitcoincloudmining.link/images/hashnest.png

For someone with power cost over $0.10 per KW at home mining will not be profitable and an option like Hashnest is viable. Also any hashing you buy (with exception of PACMiC contracts) can be sold on the internal exchange at will.

Bitcoin News Magazine
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Topic
Board Service Discussion
Re: where can i buy a Bitcoin miner
by
allegro
on 18/03/2015, 23:01:53 UTC
Quote from: kingcolex on March 17, 2015, 02:27:42 PM
Quote from: whonesta on March 17, 2015, 11:47:48 AM
Quote from: krigger on March 17, 2015, 09:20:50 AM
You should try cloud mining. Check my signature.

^^^  SHILL!

Cloud mining is DUMB and also NOT profitable for anyone except the person charging you fees. CEX.io WAS profitable until the end of last year when they started "black-outs" and charging maintenance fees greater than what the hash produced.

DO NOT BUY CLOUD HASH

it is a SCAM, IMOTHO Smiley
Especially the one he is pushing, the only Cloud mining I can suggest is Hashnest and only if you buy enough shares to have a full miner, that way when it's unprofitable you can have it sent to you and underclock it or sell it but almost all of the rest are pure scams.

Doesn't Hashnest charge a high fee to ship a used miner? May as well buy S4, S5 or UMISOO shares on the Hashnest market, perhaps the new PACMiC. PACMiC return if you reinvest is currently 22% per year.

I bought S5's when they first came out at $380 then when the price shot up to $450 sold my shares at a nice profit and invested in PACMiC contracts.  

Bitcoin News Magazine
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Topic
Board Beginners & Help
Re: Serious qestions about CEX.io and other cloud mining services
by
allegro
on 18/03/2015, 17:07:28 UTC
Quote from: gracesfall on December 03, 2013, 01:12:22 PM
Quote from: siameze on November 30, 2013, 03:23:41 PM
Cloud mining *can* turn a profit but the problem with cex is not their hardware or the site itself, it is the site management which likes to jerk around users and change there TOS on a whim. There are several alternatives to cex.io, I hope the new one that is creating a buzz eventually forces cex lower on the scale.

My advice is do not trust cex.io or Jeffrey Smith AT ALL.

What are some viable, reputable alternatives to CEX?

Take a look at Hashnest. You can buy (and sell) hashing power and no one doubts legitimacy of Bitmain.

Bitcoin News Magazine
Post
Topic
Board Mining speculation
Re: Help me please.
by
allegro
on 18/03/2015, 15:37:22 UTC
Quote from: mohamed zahran on March 16, 2015, 03:58:47 PM
I want to invest in mining, And I want your advice :

1- Would I buy this product or not :

http://www.ebay.com/itm/Bitcoin-Miner-7-TH-s-Two-KNC-Neptunes-2-EVGA-1200W-Platnum-Powersupply/171716807963?_trksid=p2047675.c100011.m1850&_trkparms=aid%3D222007%26algo%3DSIC.MBE%26ao%3D1%26asc%3D28773%26meid%3D0124c1fb3e9f4e9dba373b4fc9a34002%26pid%3D100011%26rk%3D1%26rkt%3D2%26sd%3D121590909668

And if the answer is no, How would you advise me about other products.


2- Or invested in mining Cloud.(And any companies advise me , and why)

Thank you  Smiley


I would recommend you consider an Antminer S5 from Bitmain as it is the most efficient miner on the market right now. Alternative if your power cost is over 10 cents per KWH would be to purchase hosted S5 hashing on Hashnest.

Bitcoin News Magazine
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Topic
Board Mining speculation
Re: starting a small farm, should I get s5?
by
allegro
on 17/03/2015, 22:33:39 UTC
My power cost is just over 10 cents/KW so I have just bought S5 GH and PACMiC on the Hashnest exchange. Waiting for S6.

Bitcoin News Magazine
Post
Topic
Board Mining speculation
Re: which a reliable company? in mining
by
allegro
on 16/03/2015, 13:48:37 UTC
From most transparent to least:
Avoid:
  • cex.io
  • scrypt.cc
Hashnest and GetHashing are your best options. Not everyone has cheap power or can host at home.