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Author Topic: Bitcoin mining?  (Read 58631 times)

Re: Bitcoin mining?
Reply #270 on: April 16, 2014, 11:32:50 AM
I've got from 0.7btc worth to... 0.2 :-)
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Re: Bitcoin mining?
Reply #271 on: April 16, 2014, 22:27:31 PM
Relax and hold. How many sats did you buy in at?
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Re: Bitcoin mining?
Reply #272 on: April 16, 2014, 23:19:46 PM
Looks like a new pump has started, almost double what we've sat at all day.

I hope you have your exit strategy, I've revised mine after realising I could have been buying a house next week  if I'd sold at the top :panic:
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Re: Bitcoin mining?
Reply #273 on: April 17, 2014, 10:37:34 AM
I bought in right before the peak

only put ~0.6bit coin in, so it's not a massive loss/gain for me either way
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Re: Bitcoin mining?
Reply #274 on: April 17, 2014, 10:42:51 AM
I've set a sell order to get me out if I get back up to 0.6btc worth... long short but worth a go

as the price drops, mining gets more profitable... so I can see the value going up/down like this for a while yet
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Re: Bitcoin mining?
Reply #275 on: April 17, 2014, 17:44:41 PM
I think we'll go there and beyond Knighty, if you don't mind losing 0.6btc you shouldn't mind making some. Expect it to go higher this time around than last.

I still say, hold :)

Good luck.
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Re: Bitcoin mining?
Reply #277 on: April 17, 2014, 19:29:53 PM
cancelled my auto sell @ 0.0006

need to put a new one in... not sure how much to go for... thinking 0.0009 but not sure :-o

I'm thinking more people will dump when the value comes up again
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Re: Bitcoin mining?
Reply #278 on: April 17, 2014, 23:03:37 PM
so whats the deal with blackcoin, do you mine it? or just swap it for other coins?
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Re: Bitcoin mining?
Reply #279 on: April 17, 2014, 23:51:23 PM
you point your minder at the black coin pool, it mines other coins, sells them for black coins, then sends you the black coins :-)
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Re: Bitcoin mining?
Reply #280 on: April 18, 2014, 00:54:53 AM
You mine it and hold it, because they'll be worth much more in a few weeks and months. Trust me.
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Re: Bitcoin mining?
Reply #281 on: April 18, 2014, 10:39:06 AM
alright, i apppear to be mining for that pool. using cgminer again on the mac.

is it still the situation where we'd be best off with a decent mining rig?

i never did get to the point where i understood cgminers output.  i guess now is the time to work it out
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Re: Bitcoin mining?
Reply #282 on: April 18, 2014, 10:50:14 AM
I don't think it's worth building a mining rig right now

if you've got something you can mine with, great, or if you need a new gfx card you might as well buy an AMD one that can mine too... but it's not worth buying stuff just to mine with
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Re: Bitcoin mining?
Reply #283 on: April 18, 2014, 12:33:46 PM
Unless you have a massively invested interest in BlackCoin already, like Knighty says, no point building a mining rig, it's just not very profitable anymore.
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Re: Bitcoin mining?
Reply #284 on: April 19, 2014, 12:39:07 PM
laptops been mining for 24 hours now with nothing showing in my blackcoin account. so im pretty sure i know why. cgminer dropped support for gfx card mining as of 3.7 and its now 4. something.

so if it is mining on cpu it'll be so unintensive as to be useless when it comes to being in a pool.
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