QUOTE(goldfries @ Jun 19 2017, 09:17 AM)
It's not really new, it's been around for some time.Just that it was mostly trading on Chinese exchanges.
It's got a higher market cap than even MaidSafe.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Jun 19 2017, 09:24 AM
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Senior Member
1,865 posts Joined: Jun 2008 |
QUOTE(goldfries @ Jun 19 2017, 09:17 AM) It's not really new, it's been around for some time.Just that it was mostly trading on Chinese exchanges. It's got a higher market cap than even MaidSafe. |
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Jun 19 2017, 09:27 AM
Show posts by this member only | IPv6 | Post
#1602
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Senior Member
1,217 posts Joined: Mar 2016 |
QUOTE(raynman @ Jun 19 2017, 09:16 AM) Good morning. You are buying mining contracts everyday. All more than RM10K each. Today I purchased a Lifetime Bitcoin 200MH/s mining contract with Hashflare. This uses the Scrypt algorithm to mine Litecoin and the output converted to Bitcoin at the prevailing LTC/BTC rate. This contract doesn't expire. Mining will be stopped temporarily if the daily output is not sufficient to cover the daily maintenance/electricity cost. The contract will resume once it is profitable again. It is a good choice for those who desire a passive income stream from the contract. The price is only $2,700. If all goes well, I plan to purchase another contract for $2,700 after the 1st August 2017 issue settles down. ![]() |
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Jun 19 2017, 09:30 AM
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Senior Member
1,683 posts Joined: Dec 2011 |
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Jun 19 2017, 09:33 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
QUOTE(goldfries @ Jun 19 2017, 08:54 AM) Projections are often over-estimated. Probably have to revise projections after AMD and Nvidia comes out with their mining GPUs. Lower price, better performance and probably lower TDP and smaller cards.... probably going to see a flood of used GPUs as miners will want to switch to proper mining GPUs. To get around 300 USD a month you'll need at least 3x GTX 1060 6GB graphics card. If the mining GPUs are good, I'm going to start my own mining too!!! QUOTE(goldfries @ Jun 19 2017, 09:10 AM) Bitcoin hard or soft fork. Hope it is not too bloody....Looking at how human nature is, I'm not surprise if bitcoin splits into 2 chains. QUOTE(terradrive @ Jun 19 2017, 09:10 AM) Other than luno, which 3 other exchanges that deal with myr that you guys are talking about? Remitano, localbitcoins and xbit. More info in front page.Been waiting for account upgrade for whole week now and i'm reaching the withdrawal limit |
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Jun 19 2017, 09:36 AM
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All Stars
15,192 posts Joined: Oct 2004 |
I wish to highlight that Luno is purposely in delaying the ID checking for those who have reached the monthly/trade/withdrawal limit as they can keep the funds first so you can't withdraw until 5 days has lapsed.
Reason: My friend registered the account on Thursday and is a new account. He can't trade even on Level 0 and need to verify first. He sent in the morning and get verified in the evening. It is same day verification. How could Luno do so on new account to have fast verification while those who are their existing clients but delay their checking? Read their note: Identity under review Thank you for providing the required documentation. We are now busy reviewing your information. Due to high volumes of new customers, this can take up to five business days. Please note that you can still transact with the following limits: Deposits over all time: MYR 5,000.00 Withdrawals over all time: MYR 5,000.00 We are giving priority to customers who are close to reaching their limits. |
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Jun 19 2017, 09:39 AM
Show posts by this member only | IPv6 | Post
#1606
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Senior Member
4,333 posts Joined: Jan 2003 |
QUOTE(denimblue @ Jun 19 2017, 09:27 AM) I just have confidence in the cloud mining business with reputable companies with proven track records.In fact, I study and choose those with contract terms that gives me the most optimal returns on investment. |
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Jun 19 2017, 09:41 AM
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(jack2 @ Jun 19 2017, 09:36 AM) I wish to highlight that Luno is purposely in delaying the ID checking for those who have reached the monthly/trade/withdrawal limit as they can keep the funds first so you can't withdraw until 5 days has lapsed. interest free money who doesnt want Reason: My friend registered the account on Thursday and is a new account. He can't trade even on Level 0 and need to verify first. He sent in the morning and get verified in the evening. It is same day verification. How could Luno do so on new account to have fast verification while those who are their existing clients but delay their checking? Read their note: Identity under review Thank you for providing the required documentation. We are now busy reviewing your information. Due to high volumes of new customers, this can take up to five business days. Please note that you can still transact with the following limits: Deposits over all time: MYR 5,000.00 Withdrawals over all time: MYR 5,000.00 We are giving priority to customers who are close to reaching their limits. |
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Jun 19 2017, 09:46 AM
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Senior Member
1,758 posts Joined: Mar 2007 From: _|_ |
QUOTE(goldfries @ Jun 19 2017, 08:54 AM) Projections are often over-estimated. Why would you go for GTX1060 for ETH mining? You will get 10MHs less for the same value of GPU.To get around 300 USD a month you'll need at least 3x GTX 1060 6GB graphics card. On another side note, you might be recommending it as RX4XX and RX5XX is rare gem in market nowaday. |
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Jun 19 2017, 09:47 AM
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Elite
14,576 posts Joined: May 2006 From: Sarawak |
Oh ya, a thought just crossed my mind. We're not in a bubble yet as lowyat stock market forumers are still not into cryptos. Once they come, be prepared for the bubble!
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Jun 19 2017, 09:48 AM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jun 19 2017, 10:04 AM
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Senior Member
1,943 posts Joined: Apr 2005 |
QUOTE(a13solut3 @ Jun 19 2017, 09:46 AM) Why would you go for GTX1060 for ETH mining? You will get 10MHs less for the same value of GPU. Lazy to mod the bios for rx570 and rx580, and also vanished from store shelfs...On another side note, you might be recommending it as RX4XX and RX5XX is rare gem in market nowaday. My 1060 3gb was rm1099 and it can get 22.5mhs, so not really that bad. Also main aim is to be able to sell it easily especially here at east malaysia its all about nvidia (high second hand value) |
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Jun 19 2017, 10:11 AM
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Senior Member
1,943 posts Joined: Apr 2005 |
QUOTE(kmarc @ Jun 19 2017, 09:33 AM) Probably have to revise projections after AMD and Nvidia comes out with their mining GPUs. Lower price, better performance and probably lower TDP and smaller cards.... probably going to see a flood of used GPUs as miners will want to switch to proper mining GPUs. Thanks! Looks like my other option is xbit.If the mining GPUs are good, I'm going to start my own mining too!!! Bitcoin hard or soft fork. Hope it is not too bloody.... Looking at how human nature is, I'm not surprise if bitcoin splits into 2 chains. Remitano, localbitcoins and xbit. More info in front page. |
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Jun 19 2017, 10:12 AM
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Senior Member
1,683 posts Joined: Dec 2011 |
QUOTE(jack2 @ Jun 19 2017, 09:48 AM) Registered under coinhako , $8000 limit daily for new account after verified , depending your daily / monthly transaction , they will upgrade your limit .I got my account upgraded to $30K limit daily.. Oh, remember sign using my referral |
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Jun 19 2017, 10:21 AM
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Forum Admin
44,415 posts Joined: Jan 2003 |
QUOTE(a13solut3 @ Jun 19 2017, 09:46 AM) Why would you go for GTX1060 for ETH mining? You will get 10MHs less for the same value of GPU. On another side note, you might be recommending it as RX4XX and RX5XX is rare gem in market nowaday. GTX 1060 6GB is around 18Mh/s on stock. RX 470 is around 21Mh/s on stock RX 470 is RM 999 only, GTX 1060 6GB is around RM 1.2k but the problem is only GTX 1060 6GB available now, RX now 5xx series and price marked up very high. Latest info - RX 580 4GB is priced at RM 1799! I also got news that some other brands coming in Mid July at low price. |
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Jun 19 2017, 10:42 AM
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All Stars
15,192 posts Joined: Oct 2004 |
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Jun 19 2017, 10:46 AM
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Senior Member
1,758 posts Joined: Mar 2007 From: _|_ |
QUOTE(goldfries @ Jun 19 2017, 10:21 AM) GTX 1060 6GB is around 18Mh/s on stock. RX 470 is around 21Mh/s on stock RX 470 is RM 999 only, GTX 1060 6GB is around RM 1.2k but the problem is only GTX 1060 6GB available now, RX now 5xx series and price marked up very high. Latest info - RX 580 4GB is priced at RM 1799! I also got news that some other brands coming in Mid July at low price. |
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Jun 19 2017, 11:21 AM
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(raynman @ Jun 18 2017, 05:43 PM) It should be reflected in "MY ORDERS" under the heading "MY COMPLETED ORDERS" 2017-06-12 08:09:04 2017-06-12 2019-06-12 100 MH/s dagger-hashimoto USD 2,715.03 Approved View contract View invoiceLook for an entry dated today 18/06/2017 for 2.5MH/s. 2017-06-12 2019-06-12 0.25 MH/s dagger-hashimoto FREE 0.00 Approved View contract View invoice 2017-06-14 ∞ 0.012 TH/s sha256 FREE 0.00 Approved View contract View invoice 2017-06-14 2019-06-14 0.03 MH/s dagger-hashimoto FREE 0.00 Approved View contract View invoice No, may be you entered other ppl de code. |
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Jun 19 2017, 11:29 AM
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Senior Member
2,955 posts Joined: Sep 2009 |
Big pump in LSK. Anyone holding this ?
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Jun 19 2017, 11:34 AM
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Junior Member
272 posts Joined: May 2011 |
Payout from Genesis (40 Mh/s)
0.02227473 added to your account on 2017-06-18 0.02190501 added to your account on 2017-06-17 0.02279982 added to your account on 2017-06-16 0.02332009 added to your account on 2017-06-15 Total now 0.09029966 (4 days mining) This post has been edited by Chelsea-Fan: Jun 19 2017, 11:36 AM |
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Jun 19 2017, 11:34 AM
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Senior Member
1,683 posts Joined: Dec 2011 |
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