Tuco
I got Tuco'd!
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Yeah that's exactly how I interpreted it. He's knowledgeable like a used car salesman is knowledgeable.
Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Porkchop
Mr. Poopybutthole
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Why was I not informed of this site? I was doing LTC and now DOGE, and while the doge community is really fun, i'm a greedy bastard and would love to make some actual $. Is that 2.49Mh/s your hashrate? I'm only doing about 55Kh/s. Is it worth it?
Still don't have my mining rigs.
They sent an email out saying they would honor refund requests. I sent in a request. About a week later I didn't have any reply but my status went to fulfilled as in they are supposedly still shipping it ....
These people are criminals.
They sent an email out saying they would honor refund requests. I sent in a request. About a week later I didn't have any reply but my status went to fulfilled as in they are supposedly still shipping it ....
These people are criminals.
Porkchop
Mr. Poopybutthole
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Yup.
It's like they purposely did a bait and switch just to find out who was disgruntled and send them their shit so they wouldn't be able to complain any more or have any legal standing.
Yeah, I'm running 4 7950's in a separate rig I built. I don't think you'll get very far anywhere with 55kh/s... except DOGE was probably good for a short time. I mined like 200,000 DOGE overnight and traded it for like .2 BTC on cryptsy at it's peak.
The only reason I was paid .1 BTC and larger payments around that time was because middlecoin was mining DOGE and it was super profitable for a short period. Now I'm averaging .02 - .04 per day.
It's really easy to set up anyways, and you don't even have to sign up to a site. The username is just your wallet address and payouts go directly to that every night.
It will go to your wallet every night only if the balance is .01 BTC or above. If you are under that i think it will release every 7 days.
Porkchop
Mr. Poopybutthole
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Cool thanks. I really like those 7950s for bang for the buck. If I had $1k to drop on a rig, that's what i'd run too. I did middlecoin for a day, and like you said, didn't get much. I only have a decent laptop to work with right now so i'm doing doge on the GPU and primecoin on the CPU. Apparently mining the XPM and trading it for DOGE is the most profitable way for me to go right now. And today's jump in Doge helped quite a bit.
I followed this guide pretty closely:
Build your own Litecoin Mining Rig, part 1: Hardware - CryptoBadger
I changed a few things:
SAPPHIRE FleX 100352FLEX-2 Radeon HD 7950 3GB 384-bit GDDR5 PCI Express 3.0 x16 HDCP Ready CrossFireX Support Video Card OC with Boost - Newegg.com- GPU I bought. 7950's are VERY hard to find. I bought 4 of these for 250 each with a $20 rebate. They came with Radeon Gold Rewards cards that I sold on ebay for 20 bucks each. It took me sitting on Google/TigerDirect/Newegg/Amazon and refreshing them for 3 days straight to find a video card to buy. Because they quickly come into stock and are sold out even faster. Obviously Newegg has learned they can jack up the price to $450 per card and still sell them like hot cakes.
The guide is for 3 video cards, I did 4... so I got a Seasonic 1250xt on eBay.
The only other thing I bought that isn't listed on the guide is this cheap SSD:ADATA Premier Pro SP600 ASP600S3-32GM-C 2.5 - Newegg.com
I have them mounted in the milk crates just as pictured. I was worried about it at first, but it's proven to work just fine. I was having issues keeping the temps down until I stuck a box fan right behind the milk crate. My temps are now 69-75 per card and it hasn't stopped running for like 3 weeks straight now. I've had no maintenance issues whatsoever.
Here's another good link showing my stats for middlecoin:BFP - Middlecoin Info
All together I spent 1,400 for the rig... so I'm like $400 from breaking even after 1 month if you factor in the $70 increase in energy bill. This has far exceeded my expectations. However, my friend just told me they released ASIC miners for scrypt mining today.. I haven't read anything yet, but he told me they all sold out almost instantly. Bad news for GPU mining if true.
Just a 70$ increase in your electric bill? Mine was $116 this month, from one card r9 280x. Usually I am around 50-60$ a month.
At last! I FINALLY got an email requesting my bank account information in order to do my refund ... sweet, sweet money should hit my bank again in like 6 months ....
That's pretty high... my cards are running at like 1,000-1,200 watts at 0.08 per kWh.. that's like $60-80. You must have ridiculously high electric rates or something.
I'd think they are pretty low actually.
Tier 1 first 500 kWh at $0.018 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . . . $9.00
Tier 2 next 500 kWh at $0.056 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . . $28.00
Tier 3 next 151 kWh at $0.0717 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . $10.83
It's this Power supply adjustment thing thats the biggie.
Power Supply Adjustment 1,151 kWh at $0.03709 per kWh . . . . . . . . . . . . . $42.69
Whatever the hell that is.
Tier 1 first 500 kWh at $0.018 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . . . $9.00
Tier 2 next 500 kWh at $0.056 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . . $28.00
Tier 3 next 151 kWh at $0.0717 per kWh (winter) . . . . . . . . . . . . . . . . . . . . . $10.83
It's this Power supply adjustment thing thats the biggie.
Power Supply Adjustment 1,151 kWh at $0.03709 per kWh . . . . . . . . . . . . . $42.69
Whatever the hell that is.
So BFL refunded me within an hour of giving them my bank account information. Might day trade the $15k I had sent them.
Hay guys I almost threw away $15k watch me do it for real this time lulz.
Usually that's a cost of producing power that is passed on to the consumer. If the rate changes month to month then it's probably the cost of fuel being passed on. If it remains static then it's probably a debt, or some other fixed cost of doing business, that the PSC allowed the utility to pass on to the consumer.
;tldr Your electricity cost includes that adjustment and probably always will, but it may fluctuate in the future.
Harfle
Lord Nagafen Raider
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Vinen
God is dead
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