
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
Bitcoin and other Cryptocurrencies, Comprehensive guide on first page.
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Jun 12 2017, 09:52 AM
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#1
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701 posts Joined: Jan 2011 |
I stamp my mark on this FIRST PAGE!!!
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Jun 12 2017, 11:18 AM
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#2
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701 posts Joined: Jan 2011 |
QUOTE(raynman @ Jun 12 2017, 10:52 AM) You are right. just checking, what is the current price of AMD Radeon R9 295X2?The GTX 1070 is a better GPU for ethereum mining than the GTX 1080TI, considering the price difference.. ![]() looking at the benchmark price tag This post has been edited by TheReaderReads: Jun 12 2017, 11:18 AM |
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Jun 12 2017, 03:20 PM
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#3
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701 posts Joined: Jan 2011 |
QUOTE(raynman @ Jun 12 2017, 02:38 PM) Great! base on the link belowI just took up another Ethereum cloud mining contract for two years with Genesis. You can use my affiliate code in my signature to get a 3% discount after you sign up. https://www.cryptocompare.com/mining/calcul...CostPerkWh=0.12 what power consumption (w) and cost per kW/hr should I fill in? if I buy the Genesis Mining ETH of 100MH/s? |
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Jun 12 2017, 03:34 PM
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#4
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701 posts Joined: Jan 2011 |
QUOTE(raynman @ Jun 12 2017, 03:31 PM) I bought the Genesis ETH mining contract at 100MH/s for 2 years at USD2,715 (after 3% discount). thxCloud mining do not attract power cost nor maintenance fee for ethereum. Here is the ROI computation at current price and mining difficulty. ![]() so meaning if I were to pump in USD2715 (after 3% discount), I get money in return? or I get ETH? Most likely is money eh? I just give money? or I have to give ETH to Genesis Mining? |
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Jun 12 2017, 03:40 PM
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#5
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701 posts Joined: Jan 2011 |
QUOTE(Dixon93 @ Jun 12 2017, 03:35 PM) you will get ETH in return of course, thats why called cloud mining, Looking at the chart provided from raynman below.then you can decide what to do with the ETH ![]() I just have to inject USD2715 after the 3% discount right? or I inject in ETH equivalent to USD2715? Like what u said, I get ETH in return. so per mth, I get ETH equal to USD723.45 and also depending on the increase in ETH price right? |
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Jun 12 2017, 03:47 PM
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#6
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:11 PM
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#7
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701 posts Joined: Jan 2011 |
QUOTE(raynman @ Jun 12 2017, 03:52 PM) I have both Hashflare and Genesis ETH mining contracts. I am looking to go 100MH/sBut the HashFlare contract is for only one year. Although the price per MH/s is lower than Genesis, you have one extra year in Genesis to collect your ETH. I believe Genesis is more worth it than HashFlare. Please remember to use my Genesis code when you sign up. of cuz will sign up using ur Genesis code. that 3% is precious 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. |
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Jun 12 2017, 04:15 PM
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#8
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:23 PM
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#9
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:27 PM
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#10
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701 posts Joined: Jan 2011 |
QUOTE(jack2 @ Jun 12 2017, 04:17 PM) cheh!just now say not worth it... and within minutes, 180degree turn. now already sign up for this biggie investment QUOTE(raynman @ Jun 12 2017, 04:22 PM) wah wah wahraynman got supporter liao I suppork suppork jack2 la This post has been edited by TheReaderReads: Jun 12 2017, 04:28 PM |
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Jun 12 2017, 04:41 PM
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#11
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701 posts Joined: Jan 2011 |
QUOTE(raynman @ Jun 12 2017, 04:17 PM) Actually you get freshly mined ETH tokens every 24 hours. so can I withdraw the ETH every month?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! or have to wait for 2years then only can withdraw the total accumulated amount of ETH? |
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Jun 12 2017, 04:43 PM
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#12
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:50 PM
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#13
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701 posts Joined: Jan 2011 |
QUOTE(wengherng @ Jun 12 2017, 04:44 PM) Back to cryptocurrency investing......ETH is pushing USD 380...! strange...And market cap is pushing USD 115 Billion...! This is unreal. By the way, can anyone enlighten me, what's the deal with Dash? I know that it originated from Darkcoin and has squeezed into the Top Ten, but what actually fuels it's meteoric rise? I'm asking because I see that it has been chasing Zcash when they were both below USD 100, until ZCash left it behind recently. If history repeats itself (and it usually does), then I'm thinking that it would not be unthinkable for Dash to reach USD 330 in the near future too? Since, as we all know, fundamentals go out the window when it comes to cryptocurrency euphoria. according to cryptocompare https://www.cryptocompare.com/coins/#/usd Market Cap: BTC = 48billion ETH = 35billion ETH last couple of days daily volume exceed that of BTC as for DASH, saw some youtube video of ppl mining DASH at high rates from Genesis Mining This post has been edited by TheReaderReads: Jun 12 2017, 04:53 PM |
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Jun 12 2017, 04:51 PM
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#14
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:52 PM
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#15
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 04:57 PM
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#16
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 05:15 PM
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#17
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QUOTE(wengherng @ Jun 12 2017, 05:04 PM) It's not really that strange, actually. the effect of that coming china forum will definitely see a huge influx of more Middle Kingdom Yuan if things turn out greatFor me, the daily volume is a good parameter, but not the best indicator of money flowing in......market capitalisation is a better indicator. And looking at it, we are looking at 35 Billion, edging closer and closer to bitcoin's 48 Billion. The flippening is really happening, it seems. I give them both another 2 days to reach USD 3000 and USD 400 respectively. |
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Jun 12 2017, 07:01 PM
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#18
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701 posts Joined: Jan 2011 |
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Jun 12 2017, 08:19 PM
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#19
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do I need to be of concern storing all my ETH in MEW?
I am starting to dread if one day MEW shuts down and along with it my ETH disappears WooTz |
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Jun 12 2017, 08:48 PM
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#20
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