BITCON... WHY its totally FLAWED
- Thread starter 1for1
- Start date
Yeah will be making one the moment it validates.
Okay, tried asking support what I needed to do. They're totally useless haha.
Seems wasteful withdrawing anything less than $1000 as the fees will start to hurt with smaller numbers (and that's my max per 24hrs)
So looks like I might need to gamble and just do that.
Seems wasteful withdrawing anything less than $1000 as the fees will start to hurt with smaller numbers (and that's my max per 24hrs)
So looks like I might need to gamble and just do that.
My account is verified?
Interesting, it's meant to be $10,000
Yeah, just sent them a ticket to see what's what.
At least that way I can do it in one big withdraw.
At least that way I can do it in one big withdraw.
Apparently not.willrocks said:
I am verified and they just increased my limit to $10k/day, $50k/month.
Trusted can apparently do $100k/day.
Nice to see SilverStackers supporting Bitcoins!
Dynoman
Active Member
RetardedMonkey said:
Not only was Bitcoin the investment opportunity of a lifetime - so too the promotion of Butterfly Labs miners for which no product existed at the time. I assume the pre-orders paid for the entire operation including the slick marketing. Genius or Bigballism not sure which?
Put the withdraw through to MtGox yesterday. Hopefully see something in my bank account this week and see how many fees were taken out in the process 
Time to sell my mining rig.
Electricity costs have pushed the profitability down a bit too much for me, especially with the stagnating price of Bitcoins and the massive increase in difficulty due to ASICs.
Anyone interested in bits and pieces? Thought I'd ask here first before heading to OCAU.
4x 7950s
http://umart.com.au/pro/products_listnew.phtml?id=10&id2=248&bid=2&sid=130347
Silverstone 1200w Gold PSU
http://umart.com.au/pro/products_listnew.phtml?id=10&id2=140&bid=2&sid=84428
Drop me a PM.
Electricity costs have pushed the profitability down a bit too much for me, especially with the stagnating price of Bitcoins and the massive increase in difficulty due to ASICs.
Anyone interested in bits and pieces? Thought I'd ask here first before heading to OCAU.
4x 7950s
http://umart.com.au/pro/products_listnew.phtml?id=10&id2=248&bid=2&sid=130347
Silverstone 1200w Gold PSU
http://umart.com.au/pro/products_listnew.phtml?id=10&id2=140&bid=2&sid=84428
Drop me a PM.
pro$pector
New Member
RetardedMonkey said:
Any reason you don't switch to pump and dump coins, or something with a bit more profitability? FTC is pretty stable and has some big money behind it, or are you just over it all?
I quite enjoy btcjam.com these days, being a BTC loan shark is rather fun.
Some people pay 50% interest for 7 day loans, it's crazy. Lot's of scams though as you would expect.
pro$pector said:
None of the alt coins have been particularly stable to be honest. Even the pump and dumps haven't really been that good as of late.
FTC has been under attack for a little while now and the only coins I consider 'stable' for mining purposes are BTC and LTC which even with 2500mh/s or kh/s is still only $1/day in profit which isn't worth it for me.
I knew this would be a shortish venture due to the power costs in many other countries being below $0.10c/kWh whilst I am confined to the $0.25c/kWh range.
It's been fun though, I've bought an extra video card and taken my capital back out for the hardware buy, so it's all profitable from here on out. Even more so once I sell the hardware.
pro$pector
New Member
Thanks for that, I've been mining FTC lately for a laugh which has been working fine on Coinotron (despite the 51% attack).
The FTC support on BTC-E amazes me, 200 BTC buy walls all over the place.
The FTC support on BTC-E amazes me, 200 BTC buy walls all over the place.
pro$pector
New Member
Everyone probably already knows about this pool, but I'm slow when it comes to learning mining tricks!
https://www.multipool.in/
Automatically mines the most profitable coin available on their list.
Also worth mentioning that on MNC, I'm mining about 8 times more coins on the same hash rate as I was on another well known MNC pool...so it seems like a decent pool.
https://www.multipool.in/
Automatically mines the most profitable coin available on their list.
Also worth mentioning that on MNC, I'm mining about 8 times more coins on the same hash rate as I was on another well known MNC pool...so it seems like a decent pool.