Mining LTC Trading PPC Seems the best way at the moment. PPC there's only 1 pool to mine with at the moment and their fees are 12%... :|
Nothing much really. In say 50 or 100 years time when historical books are written with information on Cryptocurrencies included, I doubt a "3 month" concern will be that important.
Apparently its within spec for this MSI card, but did seem high! It turns out cgminer needed a switch to go auto fan speed. Did this, now it is at 74c and sounds like a jumbo jet
Yeah I mined some yesterday morning with RBPPS and its 2% fee. They still haven't been confirmed Apparently confirmation time on RBPPS is approx 72 hours. 2% fee - but you can't touch what you mine for 3 days. So I was paying the 12% to just 'have it' lol
Been toying with buying some more mining hardware - I just don't know if I am going to get my cash back is all. 3x 7950s ($289 ea) They will produce 2.5 LtC each at current difficulty, and with a price of around $3.50 (also as of current), and power usage, probably $8/day profit. Looking at about a month and a half now at current difficulty/price to pay off hardware.
consider fiddling with it a bit rbaggio. It took some trying for me to get the answer I wanted but I set max fan speed to 60% and gave it a large clock range from 600-1150 mhz. this allowed cgminer to tune the clockrate to meet the 75 degree + 60% fan speed target. so now mine is quiet but still quite productive, I expect productivity to go up and down with temperature... Also I did need to remove it from its case and stick a fan to blow air between the GPU's I'll put a pic up later
$150 USD broken. Check out the market depth - buyers are dwarfing the sellers; http://bitcoincharts.com/markets/mtgoxUSD.html I'll make a rash prediction and say we might see close to $200 US by this time next week.
I can't tell the future and don't know. History is in the making, no matter what happens. Obviously. Control of currency is a big deal historically and surely into the future. Just look at American foreign policy, Central Banking, the 'petrodollar' and various wars. Currency is one of the biggest issues on the planet. I am merely suggesting that no matter how one wants to describe Bitcoin and crytocurrencies, history has already been made and the story continues to unfold. Cryptocurrencies are in operation 24/7. I could not care less if cryptocurrencies are in operation in 20 or 50 years time at this point in time. But good history books that feature currencies will surely talk about cryptocurrencies to some degree.
Bitcoin has smashed parity with silver (per oz). These are early days..... 1 Bitcoin vs 1oz of gold! :lol:
I'm now on about 1000~ PPCoins. Every 0.0001 movement, I'm making or losing $14~ This is going to be fun
Just how do you hold a digit/code/whatsit in your hand ? I admire the skills and knowledge displayed on this thread having followed it from it's inception (not to mention the profit's made by some). I just have this uneasy feeling that a lot of people are going to get screwed over with it all, it is a David V Goliath type scenario here but in the tech age with Goliath holding a tech nine in each hand and David in a jock strap for defence. I know the interwebs can provide a frontier like value and can exist in an ethereal world of anonymity if one takes the proper steps and all but in reality the ability to do so would only apply to a small minority of users such as "may" exist for Silk Road types. Drug's, Porn, Weapons, these are things that are recognised and which there are accepted markets for and for which there is also an accepted level of inside control mechanisms/corruption already inplace to derive an income stream for those who control the finances of such activity's. Bitcoin on the other hand if it is as free from control as is purported could be seen as a threat to all and sundry as described above in a similar vein to wikileaks where all the emperors are seen as naked and could be stomped on overnight in a similar way. A few wanna be hackers are one thing but a concerted attack from those with much to protect could see quite a few problems arise for a competitor to fiat.
I got my first lot today only 100 but i think ill let them ride it out. Also where you selling any of your pci-e cables?
Anyone want to sell me 1 litecoin to see if I have my wallet working ok? new to this so just want to make sure everything is working as it should be. Wallet no: LLhe3gANoUg9EcrtK8KwsxkVdjVMzHwGBM just pm me price (litecoin not bitcoin) and ill make the payment by paypal.
