The Bitcoin Thread

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Post that stuff on PW. That'd ROI time frame is incredible, I might as well order one too and compare it.
 
@Thor187 I'm curious. I was under the impression you were discouraging people from mining and telling them it's not worth it but now it sounds like you've invested in some mining rigs? I admit I haven't read through the whole thread so I might be misreading the situation, but if that's correct, what changed your mind?

Still discouraging people.

I have zero guarantee this will work. However I wanted to put a dedicated crypto section on PW for nearly a year now so I thought might as well do it with a bang. That and in our particular case we have the facilities to host these rigs and use proper cooling and most importantly industrial power rates.

I would not run a rig like this in my house, not at residential City of Cape town prepaid meter rates.
 
Still discouraging people.

I have zero guarantee this will work. However I wanted to put a dedicated crypto section on PW for nearly a year now so I thought might as well do it with a bang. That and in our particular case we have the facilities to host these rigs and use proper cooling and most importantly industrial power rates.

I would not run a rig like this in my house, not at residential City of Cape town prepaid meter rates.

PW? Sounds like you could make some profit off renting out floor space :)
 
PW? Sounds like you could make some profit off renting out floor space :)

That floor space is currently turning a profit with rigs :P

PW is an investing forum, link in my signature (I am part of it, disclaimer, but that is about as far as my involvement stretches its a non commercial forum to help people think differently about money and create a culture of investing.)
 
That floor space is currently turning a profit with rigs :P

PW is an investing forum, link in my signature (I am part of it, disclaimer, but that is about as far as my involvement stretches its a non commercial forum to help people think differently about money and create a culture of investing.)

Thanks :)
 
So messing around with mining using minergate. Mined a whole lot of Bytecoin (BCN) to the tune of about 3600 coins which is basically worth about R10 or thereabout. Wanted to cash out and change it to Bitcoin using Changelly as that is what minergate recommends using. So registered on Changelly, did the withdrawal from minergate to Changelly and then from Changelly to my BTC wallet on Altcointrader. Changelly says the transaction should take 30 minutes. That was about 4 hours ago.

Did I mess something up, or do exchanges and payouts to one's BTC wallets take longer and if so, how long does it normally take?
 
Check out https://prohashing.com/ if you are mining scrypt or X11, they seem to have better earnings than nicehash and they pay out in any coin of your choice, I only just started but it looks promising.
 
So messing around with mining using minergate. Mined a whole lot of Bytecoin (BCN) to the tune of about 3600 coins which is basically worth about R10 or thereabout. Wanted to cash out and change it to Bitcoin using Changelly as that is what minergate recommends using. So registered on Changelly, did the withdrawal from minergate to Changelly and then from Changelly to my BTC wallet on Altcointrader. Changelly says the transaction should take 30 minutes. That was about 4 hours ago.

Did I mess something up, or do exchanges and payouts to one's BTC wallets take longer and if so, how long does it normally take?

Apparently exchanges are very busy after BTC from gains last week. Many blocks to process.
 
1st A4 up and running, it's pretty loud, I still need to find a 2nd PSU for the other one, will be doing an experiment to see which pays better nicehash or prohashing, I'm going to run them each for 24hrs.
 
1st A4 up and running, it's pretty loud, I still need to find a 2nd PSU for the other one, will be doing an experiment to see which pays better nicehash or prohashing, I'm going to run them each for 24hrs.

Have you looked at MRR yet? I am looking at using them as my primary and prohashing/nicehash for my Baikal when the rig is not rented out on MRR.
 
Have you looked at MRR yet? I am looking at using them as my primary and prohashing/nicehash for my Baikal when the rig is not rented out on MRR.

Will have a look, would be interesting to get a comparison on who pays the best.
 
Will have a look, would be interesting to get a comparison on who pays the best.

Yeah, agreed it would be interesting. I'm happy to run my Baikal on MRR / Prohashing for a few days to compare BTC earned to just ProHasing or NiceHash on their own.
 
I can't seem to reach prohashing.com at the moment anyone else?
 
My MRR rental is also having problems. They have been struggling with stability recently :(.

I've switched to nicehash for the past hour and so far the earnings are lower than prohashing, but it still needs time to level out, those charts are never a 100% accurate either.
 
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