is...patience will prevail
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When new rigs are added and another block is found, more people will join the pool creating more hashing power and faster times to finding blocks. This thing will start to snowball and get big very fast! The key is getting the next batch of servers and having a user friendly sign-up.
Each server ax you call them is a mining rig, also known as a worker. The worker number can be unlimited and as many as their are people to add them to the pool. The more, the better.
Lots of buying today!
Trying to point my antminers at the pool and can't get connected. Can anyone help?
Every sell has a buy and liquidity can be good.
Pretty good volume today!
They need an app.
Once we have consistent payouts, the miners will go up. People lack the patience to wait.
The pool is not easy to connect to and you can't even verify if your on it or not. It will be hard to retain members.
Remember though, blocks that are found are split up among fewer people now so the payout is higher.
This only hoes up from here!
Does anyone on the board have miners working in the pool so we know it's taking the public?
Trying to point half of my miners at the pool, but the directions aren't very clear to me.
I am thinking that early members of the pool will receive larger rewards at this point as there are fewer to split it with. Would anyone concur with that?
That must be 17 pool participants and our 100 miners are in the back as the hash is 92 th/s.
Tomorrow will be huge!
When end of year ETF's come on-line, bitcoin will see $1,000 again quickly.
MELY still earning bitcoin. This panic by everyone is ridiculous. It will come around shortly.
It's a ploy or they are really dumb.
You don't lose money unless you sell. Things are in the works here and if anyone is to impatient to wait, they should not have invested.
Wow $.05! What happened?
Mining definitely takes some babysitting. Power surges, internet blips. Any small fluctuation can freeze up the process and you have to hope you find it sooner than later.
They are probably selling enough to run operations and saving the remainder for better prices. That's what I do.
Okay, I just saw where it said hash at the top of 160.
Where it says hash - 160. Would that be our current hash rate? Which would indicate we are above 100 rigs at this point. Thanks. MELY
Can anyone respond to how many bitcoin MELY has mined the past two days? Tia.
** Update Oct 20th 2014 - The corporate update previously announced has been delayed until Tues Oct 21st during market hours.
I do. Thank you.
Yes, and I should have said rigs instead of servers.
Yes, they must be adding the servers if their share is increasing as it's directly scalable.
You should say earned instead of found.
They are just mining in a pool then.
There's no dilution silly.
Great post! Patience will pay, this technology is going to be huge!
Do you need one? What would that be? I just maintain mine when they go offline.
That is stupid. Setting this up takes time and we are seeing things continuously happening. I hope the best for you in getting out since your not a fan and lack the needed patience. I have to put you on ignore because of how ridiculous you seem.
Well, stop it.
No, finding a block involves some luck and is not automatic. Some will be longer and some will come much quicker. It's the way it goes.
That's not correct.