Sure thing I'll probably buy 2 or 3 shares, i'm 15 so I don't have to much money to spend Where are you planning to host the miners?
I was kidding about buying more than one share! Also, especially if you're 15 take care not to spend more than you can afford!
That being said; I'm looking at a datacentre below Rotterdam this Friday. Also I can't make any 100% promises on this cause the datacentre owner will have to agree to this as well ofcourse We might have to transport you there blindfolded
Cheers
I know you were kidding, but I was planning on buying more than 1 share anyways. It's probably best of you knock me unconcious before you bring me there so as to not compromise the secret location
On a serious note though, how much Gh/s will 3 shares buy me?
LOL!
Well, with KNC's announcement of this afternoon; a Jupiter will hash 400GH. So currently one share should give 400/248 == 1.613GH, three would give 4.839GH
Cheers
Nice, way better than buying that jalepino thing from BFL. Hopefully this can earn me a little bit of money on the side Thanks for answering my questions!
yeah I have 4 x jalapenos on order since jan 2013 they are up to sept 2012. So i grabbed 10 then 5 shares here. a total of 15 so far. I am very tempted to buy 5 more maybe tonight.
Nice! How high do you expect the difficulty to be around September?
it is 19 mill today. will be 21 mill in 3 days.
I think 10% each 10 day adjustment. Adjustments are close to 10 days based on blocks made 2100 usually takes 10 days
So June 28 = 21 mill July 8 = 23.1 mill July 18 = 25.4 mill July 28 = 27.9 Mill Aug 7 = 30.7 mill Aug 17 = 33.8 mill Aug 27 = 37.1 mill
then it picks up in sept due to knc 20% each adjustment
so sept 6 = 44.5 mill sept 16 = 53.4 mill
if I am correct you will be paid off quickly under 2 months . but lots of ifs sooo many ifs
yeah it is kind of impossible to accuratly predict what the difficulty will be and if bitcoin prices will rise. Let's hope the difficulty won't be higher than that in september.
Welcome. I am a bit interested in that group investment that you mentioned. Can you tell me more about that?
You can participate in group investments in this forum. The idea is that 1 person buy's an ASIC and then sells shares, and you get the amount of bitcoins mined in proportion to your shares. So your profit divided by amount of times then multiplied by the amount of shares you have.
Ive made a comfortable living off BitCoin and Litecoin, mainly because I invested early on, but its do-able if you know how to properly trade... right now it takes a hell of a lot of cpu power to mine enough BTC to make a living on.
Interesting, how much money have you made over the years?
Post
Topic
BoardGroup buys
Re: [Groupbuy] !NEW! 2nd batch Jupiter KNCMiner - 2 sold - 3rd miner: 33/240 sold
Sure thing I'll probably buy 2 or 3 shares, i'm 15 so I don't have to much money to spend Where are you planning to host the miners?
I was kidding about buying more than one share! Also, especially if you're 15 take care not to spend more than you can afford!
That being said; I'm looking at a datacentre below Rotterdam this Friday. Also I can't make any 100% promises on this cause the datacentre owner will have to agree to this as well ofcourse We might have to transport you there blindfolded
Cheers
I know you were kidding, but I was planning on buying more than 1 share anyways. It's probably best of you knock me unconcious before you bring me there so as to not compromise the secret location
On a serious note though, how much Gh/s will 3 shares buy me?
LOL!
Well, with KNC's announcement of this afternoon; a Jupiter will hash 400GH. So currently one share should give 400/248 == 1.613GH, three would give 4.839GH
Cheers
Nice, way better than buying that jalepino thing from BFL. Hopefully this can earn me a little bit of money on the side Thanks for answering my questions!
yeah I have 4 x jalapenos on order since jan 2013 they are up to sept 2012. So i grabbed 10 then 5 shares here. a total of 15 so far. I am very tempted to buy 5 more maybe tonight.
Nice! How high do you expect the difficulty to be around September?
Post
Topic
BoardBeginners & Help
Topic OP
Making a living on bitcoins.
by
deeliman
on 26/06/2013, 20:32:58 UTC
Do you think it would be possible to make a living on bitcoin mining if you bought enough shares in a group buy? Please discuss.
Post
Topic
BoardGroup buys
Re: [Groupbuy] !NEW! 2nd batch Jupiter KNCMiner - 2 sold - 3rd miner: 33/240 sold
Sure thing I'll probably buy 2 or 3 shares, i'm 15 so I don't have to much money to spend Where are you planning to host the miners?
I was kidding about buying more than one share! Also, especially if you're 15 take care not to spend more than you can afford!
That being said; I'm looking at a datacentre below Rotterdam this Friday. Also I can't make any 100% promises on this cause the datacentre owner will have to agree to this as well ofcourse We might have to transport you there blindfolded
Cheers
I know you were kidding, but I was planning on buying more than 1 share anyways. It's probably best of you knock me unconcious before you bring me there so as to not compromise the secret location
On a serious note though, how much Gh/s will 3 shares buy me?
LOL!
Well, with KNC's announcement of this afternoon; a Jupiter will hash 400GH. So currently one share should give 400/248 == 1.613GH, three would give 4.839GH
Cheers
Nice, way better than buying that jalepino thing from BFL. Hopefully this can earn me a little bit of money on the side Thanks for answering my questions!
Post
Topic
BoardGroup buys
Re: [Groupbuy] !NEW! 2nd batch Jupiter KNCMiner - 2 sold - 3rd miner: 33/240 sold
Sure thing I'll probably buy 2 or 3 shares, i'm 15 so I don't have to much money to spend Where are you planning to host the miners?
I was kidding about buying more than one share! Also, especially if you're 15 take care not to spend more than you can afford!
That being said; I'm looking at a datacentre below Rotterdam this Friday. Also I can't make any 100% promises on this cause the datacentre owner will have to agree to this as well ofcourse We might have to transport you there blindfolded
Cheers
I know you were kidding, but I was planning on buying more than 1 share anyways. It's probably best of you knock me unconcious before you bring me there so as to not compromise the secret location
On a serious note though, how much Gh/s will 3 shares buy me?
Post
Topic
BoardGroup buys
Re: [Groupbuy] !NEW! 2nd batch Jupiter KNCMiner - 2 sold - 3rd miner: 33/240 sold
Awesome, me too If I buy a share I might visit you and the miners to make sure your not scamming us
That shouldn't be a problem if the miners end up getting hosted where I'm going friday.. You should buy more than one share though if you want to visit
Sure thing I'll probably buy 2 or 3 shares, i'm 15 so I don't have to much money to spend Where are you planning to host the miners?
Post
Topic
BoardGroup buys
Re: [Groupbuy] !NEW! 2nd batch Jupiter KNCMiner - 2 sold - 3rd miner: 33/240 sold