is...patience will prevail
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That's ridiculous, my 2 terrahash make about $1,200 per month. That's a new truck payment and then some.
For the pool to grow they need to get those miners active. There's not enough hashing power yet to regularly find blocks for payments.
Remember that a proportional amount is going to the participants. That's not all Mely
My best guess in a pool setting, if you had a 1th/s rig you could get about $900/ month minus your electricity cost at the current difficulty. I don't think electricity would be much more than $50. You need a pool that is large enough and is finding the blocks to solve.
They would keep their proportional share of the coin, transaction fees, and service fees. I would think they would want to grow with the pool by continuing to add.
I have to put you on ignore now. It's such a waste of time reading your comments.
Bitcoin price up to $672.
Incredible increases'
Anyone having problems signing up for the pool. The captcha is pissing me off. I'll try again tomorrow.
Bitcoin up to $663.
My IT guy is coming tomorrow and he will move it for me. I am the vision and he knows how to make it happen.
I only run 12 gh/s now, but am looking to buy a th/s in the next week. My goal is to be at 10 th/s within six months. It will all go to the MELY pool if they prove they can run it!
You will see me soon. I am moving some of my miners for a trial to the pool party tomorrow.
If no more coins are going to be generated, will more blocks be created?
Absolutely! Even before the creation of coins ends, the use of transaction fees will likely make creating new blocks more valuable from the fees than the new coins being created. When coin generation ends, these fees will sustain the ability to use bitcoins and the Bitcoin network. There is no practical limit on the number of blocks that will be mined in the future.
You remind me of Nadia.
The miner also collects any fees involved with a transaction. Fees on transactions are a further incentive to mine coins. This will further incentivize miners to continue mining, even after all bitcoins are found.
You are simply wrong. Not only are there bitcoins to be harvested, but with continued increase in use and popularity, there is a need to validate the block chain and payments. Mining other crypto currencies simultaneously is not a bad idea either.
Never feel sorry in business.
First of all, they are not servers. They are called miners. A typical cost for a 1 th/s miner is about $2,500. So 100 of these babies will cost about $250,000.
I can see you on the bid hoping for millions of shares first thing in the morning, but I am sorry. It's too late and you are chasing.
I smell shorts.
I can't stop smiling.
There is not that many on the ask. What are you looking at?
L2 looks thin all the way back up to .39.
You have to spend money to make money. That's a fact.
Litecoin requires a scrypt miner but there are several other coins they can mine with these rigs.
The news from Friday was great! A long holiday weekend can throw everyone off track but our next update is likely to come very soon. The real business will be getting the pool operating where there could be upwards of 1,000 th/s mining rigs working together. That's where this will get exciting. Stay calm and mine.
There is no increase.
Know what you are talking about before you say it!
What are you doing? We don't need that here.
So you can hang with the cool kids.
That is a realistic opinion. Great job!
You are ridiculous
Great news from Friday end of day!
I think bitcoin can be broken down to eight decimal places.
Well said, I agree.
Definitely can get there. I think .27 is a low estimate as more exposure and use of crypto is happening every day.
Not true.
Accumulation is looking good.
I would imagine the pool operator would try keep it similar to other pools or it will be tough to enroll miners. I am new to this and have two rigs mining on slush's pool and will keep adding to my production when possible. I am just waiting for mely's pool to open so I can redirect my workers there.