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 Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.

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TheReaderReads
post Jun 12 2017, 04:15 PM

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QUOTE(raynman @ Jun 12 2017, 04:13 PM)
Thanks in advance.  rclxms.gif
*
oi

my question leh? u no reply to those yet laugh.gif
SUSraynman
post Jun 12 2017, 04:17 PM

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QUOTE(TheReaderReads @ Jun 12 2017, 04:11 PM)
I am looking to go 100MH/s

of cuz will sign up using ur Genesis code. that 3% is precious  drool.gif
anyway another question

for 100MH/s per month is USD722.43. So that means I get ETH equal to USD722.43 right? I get it per month? per day? or per week? or per year?

lets say per year amount it is USD8,789.61. if 1ETH suddenly shoot out USD10,000 this year. then how would they calculate after i get ETH per mth previously at current price.
*
Actually you get freshly mined ETH tokens every 24 hours.

With a hashpower of 100MH/s, you will mine approximately 0.0640 ETH tokens per day based on current difficulty.

Multiply this amount with the current ETH market price and you will get the actual amount in USD.

If the price of ETH hits USD10,000, you fatt lor! rclxms.gif

jack2
post Jun 12 2017, 04:17 PM

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Just signed up genesis-ming ETH 100MH/hash power... LOL

Sign up under me la.. haha
1uIYaZ
WooTz
post Jun 12 2017, 04:19 PM


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QUOTE(zamans98 @ Jun 12 2017, 01:36 PM)
at current BTC price ~3000

3 cards setup. Cost/profit wise. max watt 600w
Daily income, exclude TNB bill
GPU are of higher end in their class, standard OC

GTX 1060 - Ubiq/Eth $14
GTX 1070 - Hush/Ubiq $20
GTX 1080 - VTC/Mona $22
RX570 - Ubiq/ETH $15
RX580 - Ubiq/Eth $15
1 card setup. Cost/profit wise. max watt 400
Daily income, exclude TNB bill
GPU are of higher end in their class, standard OC

GTX 1060 - Ubiq/Eth $4.9
GTX 1070 - Hush/Ubiq $6.7
GTX 1080 - VTC/Mona $7.5
RX570 - Ubiq/ETH $5
RX580 - Ubiq/Eth $5.1
*
The recent Bits Be Trippin video showcased a single 1080ti build doing 37Mh/s while drawing only 205W

With cryptocompare calculation, it'll mint 0.025 ETH every day.

Not too shabby considering my gaming rig is slowly paying itself off.

QUOTE(zamans98 @ Jun 12 2017, 02:09 PM)
Why wait, u believe Vega will reach here in next 2 months?
And while waiting, u lose potential income. This is not correct business.
U buy 1070, then sell it for Vega.
*
Yeah that's what I thought too, now is the time to start. Every day matters now.

This post has been edited by WooTz: Jun 12 2017, 04:31 PM
GabanGadget
post Jun 12 2017, 04:20 PM

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Why cloud mining if u can setup own hardware and ROI within 6 months and after that all free money (minus tnb bill)? I'm not investor or minor just curious.
WooTz
post Jun 12 2017, 04:22 PM


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QUOTE(GabanGadget @ Jun 12 2017, 04:20 PM)
Why cloud mining if u can setup own hardware and ROI within 6 months and after that all free money (minus tnb bill)? I'm not investor or minor just curious.
*
Exactly. RIP my 0.8 BTC and Bnk2future's US$390,000 dumb portfolio, they won't be missed.

Caveat emptor to all cloud miners, and I'll leave it at that.

This post has been edited by WooTz: Jun 12 2017, 04:22 PM
SUSraynman
post Jun 12 2017, 04:22 PM

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QUOTE(jack2 @ Jun 12 2017, 04:17 PM)
Just signed up genesis-ming ETH 100MH/hash power... LOL

Sign up under me la.. haha
1uIYaZ
*
I got it already.

many thanks! rclxms.gif

user posted image





TheReaderReads
post Jun 12 2017, 04:23 PM

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QUOTE(GabanGadget @ Jun 12 2017, 04:20 PM)
Why cloud mining if u can setup own hardware and ROI within 6 months and after that all free money (minus tnb bill)? I'm not investor or minor just curious.
*
bcuz I am renting a room in this HDB flat in singapore laugh.gif

no space for such hardware

u selling rig???
thesnake
post Jun 12 2017, 04:23 PM

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QUOTE(raynman @ Jun 12 2017, 04:22 PM)
I got it already.

many thanks!  rclxms.gif

user posted image
*
i also just started today. RM 12K but considered as an investment biggrin.gif
goldfries
post Jun 12 2017, 04:26 PM

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QUOTE(wengherng @ Jun 12 2017, 03:37 PM)
I don't do any mining, but just curious to know, why do you say that it is not worth it to mine, when the ROI is just 4.5 months or less?
Compared to any conventional business, the ROI could be a year or more, so 4 months seem pretty good to me?
Or am I missing something?
What makes you think ROI is 4.5 months when hashrate is fixed and difficulty rises?

I just made a video on this last night.

Projection looking great? Think again.


TheReaderReads
post Jun 12 2017, 04:27 PM

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QUOTE(jack2 @ Jun 12 2017, 04:17 PM)
Just signed up genesis-ming ETH 100MH/hash power... LOL

Sign up under me la.. haha
1uIYaZ
*
cheh!

just now say not worth it... and within minutes, 180degree turn. now already sign up for this biggie investment tongue.gif



QUOTE(raynman @ Jun 12 2017, 04:22 PM)
I got it already.

many thanks!  rclxms.gif

user posted image
*
wah wah wah

raynman got supporter liao

I suppork suppork jack2 la tongue.gif

This post has been edited by TheReaderReads: Jun 12 2017, 04:28 PM
WooTz
post Jun 12 2017, 04:28 PM


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QUOTE(thesnake @ Jun 12 2017, 04:23 PM)
i also just started today. RM 12K but considered as an investment biggrin.gif
*
That 12k also can order a kickass Ryzen 7 with 1080ti set up and it'll be free after a year plus.

Trust me, only genesis owner gets the cut
SUSraynman
post Jun 12 2017, 04:29 PM

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QUOTE(thesnake @ Jun 12 2017, 04:23 PM)
i also just started today. RM 12K but considered as an investment biggrin.gif
*
Welcome to the Genesis Cloud Mining Club, my friend. rclxms.gif

blueblueoutofblue
post Jun 12 2017, 04:34 PM

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QUOTE(raynman @ Jun 12 2017, 04:22 PM)
I got it already.

many thanks!  rclxms.gif

user posted image
*
QUOTE(raynman @ Jun 12 2017, 04:29 PM)
Welcome to the Genesis Cloud Mining Club, my friend.  rclxms.gif
*
me only can sign up tomorrow... daily SGD5K limit to my card only sad.gif

thesnake
post Jun 12 2017, 04:34 PM

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QUOTE(WooTz @ Jun 12 2017, 04:28 PM)
That 12k also can order a kickass Ryzen 7 with 1080ti set up and it'll be free after a year plus.

Trust me, only genesis owner gets the cut
*
good point, but also need to consider electricity costs as well.
jack2
post Jun 12 2017, 04:37 PM

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QUOTE(TheReaderReads @ Jun 12 2017, 04:27 PM)
cheh!

just now say not worth it... and within minutes, 180degree turn. now already sign up for this biggie investment  tongue.gif
wah wah wah

raynman got supporter liao

I suppork suppork jack2 la  tongue.gif
*
Because you lo..
rclxm9.gif

You can see me sign up under you?
WooTz
post Jun 12 2017, 04:39 PM


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QUOTE(thesnake @ Jun 12 2017, 04:34 PM)
good point, but also need to consider electricity costs as well.
*
After deducting electricity brother, and hodl those ETH until next year.

Don't want later cry zero payout from Genesis, cause that exactly what'll happen.

We're here to be rich, not helping cloud mining owners get rich.
thesnake
post Jun 12 2017, 04:41 PM

On my way
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QUOTE(WooTz @ Jun 12 2017, 04:39 PM)
After deducting electricity brother, and hodl those ETH until next year.

Don't want later cry zero payout from Genesis, cause that exactly what'll happen.

We're here to be rich, not helping cloud mining owners get rich.
*
good point, something to wonder for other forumers here smile.gif
TheReaderReads
post Jun 12 2017, 04:41 PM

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QUOTE(raynman @ Jun 12 2017, 04:17 PM)
Actually you get freshly mined ETH tokens every 24 hours.

With a hashpower of 100MH/s, you will mine approximately 0.0640 ETH tokens per day based on current difficulty.

Multiply this amount with the current ETH market price and you will get the actual amount in USD.

If the price of ETH hits USD10,000, you fatt lor!  rclxms.gif
*
so can I withdraw the ETH every month?

or have to wait for 2years then only can withdraw the total accumulated amount of ETH?
TheReaderReads
post Jun 12 2017, 04:43 PM

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QUOTE(jack2 @ Jun 12 2017, 04:37 PM)
Because you lo..
rclxm9.gif

You can see me sign up under you?
*
I no do anything apart from asking raynman question leh kakaka

No, u sign up under raynman. Me not yet sign up. not enuf capital yet for 100MH/s laugh.gif

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