the rate of bitcoin is dropping so much because of people like this....if everyone did a medium scale rig instead of big ones like this then the field would be a little more equal with more coins spread out making them worth more....but i cant say i blame you if i had 30G's I would have probably done the same. i hope mine is as good as yours one day Donation to a starting miner would be kool 1AVsu6NkZfnhYgErbXWAWgY1bUQ1Pwbjos
@dzman1024 GH/s doesn't just straightly equate to money, you see mining bitcoins is like doing a very hard puzzle. Your GPU goes trough all the different combinations, until it finds the right one, and gets 50 bitcoins. But mining alone that 50BTC is almost always idiotic, since there is about 1% chance that you will not find a single bitcoin in your whole life. That's why people mine in "pools", and combine the mining power, and get more bitcoins :) I hope this helps
@dzman1024 And there is a chance that you will never find 50BTC, but there's also a chance that you will find 50BTC in just a couple of minutes (which of course is VERY low)
That's why you can't straightly count the money you make from the Gigahash/second number. :)
And sorry for two posts, since the limit is 500 letters/post, I had to make two.
Idk why you guys don't understand; but you can get a dvi switch box for like $170 save a ton of money on keyboards/monitors/mouses. When it comes to bitcoin mining.
@doluseb with bitcoins value drop comes a drop in difficulty mark my words bitcoin will go over 32$ again in the coming year regardless i no longer pay for power for my rigs so it's all gravy :) plus it is keeping my shop warm for the winter
Can Bernanke start printing bitcoins? Get some super computers or special chips made so that the government can help supply the market. Seems like a lot of work for the average guy. The government could just get racks of their idle super computers and start "mining" for bitcoings.
you don't necessarily need a case for every pc unless you get a great deal on a bunch of them. you do not need monitors, use teamviewer or vnc and remote into them.
This is the reason the people with less assets can't compete. You are inflating the difficulty rate massively. But fuck it right? You'll never see your investment return on that. There's enough equipment there to buy a nice new CAR to get you to a JOB.
@efahrenholz1 Have a full time job ;) and a brand new car :P annnnnnd a brand new house :) cheers thou
oh btw I STARTED with 1000 $ dollars i was just smart with my investments and re invested all my profits into earnings .. and I lowered my costs to 550 per 2 card rig ... don't be a dummy do your research and you could have this to :)
@warweed i wish i could but the price of the electricity is a bit steep for me to proceed with this stuff now, not profitable enough, i could still do some profit when i quit because i have some nice overclocking skills but it was some crappy income. electricity here costs 0.14 euro/kwh, ouch... it used to be cheaper but the government is taxing like crazy now :(
@warweed Yeah man! You tell that stupid hypercritical fag that this works, and that he can take his job and shove it where the sun don't shine LMAO!!! XD
Also when the 7000 series do come out we will be selling all of our 5850s and 5870s for bitcoins or cash certified cheque ect so subscribe if your interested as we will post a video when our pallet of hd 7000s come in we are optimistically hoping to achieve 100 ghash/s which we believe to be easily achieved as the current setup we have now was over 3 months and some smart mtgox trading starting with a 2g initial investment so cheers for watching stay tuned for relocation and organization lol
Haha yeah sorry was a quick shoot with a iPhone I missed a bunch so I just ran thru the room I think we are upwards of 12 ghash/s ATM power costs us about 800/mo. And we are maxing out our current 100amp drop and in the process of upgrading to a dedicated 200 amp when that's maxed we will be locating to commercial space with a 600 amp which should be around when the 7000 series cards become available cheers for watching :)
Bitcoin porn.
TheOowaoowa 19 hours ago
the rate of bitcoin is dropping so much because of people like this....if everyone did a medium scale rig instead of big ones like this then the field would be a little more equal with more coins spread out making them worth more....but i cant say i blame you if i had 30G's I would have probably done the same. i hope mine is as good as yours one day Donation to a starting miner would be kool 1AVsu6NkZfnhYgErbXWAWgY1bUQ1Pwbjos
WrathofBong420 3 months ago
I want to hit the narrator in the face--solely based on how he talks.
briankeys 3 months ago
bitcoins are a scam started by ATI
jameso321 4 months ago
@jameso321 great point tough ! i literally didn't think about this possibility !
donofthekuwait 3 months ago
Hahaha you guy's have spend way to much time wanking in your basements. Go get a real job
BelgianLife 4 months ago
@BelgianLife Ok let's see, Warweed is making enough per month to never have to worry about money again: Check.
He no longer has to work for another dude or group of people so THEY can make a living off of him: Double check! :)
He now has the financial freedom of the 1% minority of rich people that everyone dreams of but never obtains: TRIPLE CHECK! :P
Tell us Belgy, what do you have? (Beat..)
tbcivilian 3 months ago 2
people will do anything to avoid real work. lol
doluseb 5 months ago
This has been flagged as spam show
@doluseb jealously rears it's ugly head lol :P
tbcivilian 3 months ago
Urgent!!!!! Anyone minning bitcoin need to see this guy video: YTKilledRawdog.
Search him in You Tube.
tomnguyen0820 5 months ago
I said the only currency is the US dollars. Nothing else. Cash is king.
If anyone does not like the cash, i can trade dirt for it.
tomnguyen0820 5 months ago
some type of scam that i see.
tomnguyen0820 5 months ago
@tomnguyen0820 what are you talking about?
LeeviON 5 months ago
ok so whats ur GH/s? and how does that equate to money?
dzman1024 5 months ago
@dzman1024 GH/s doesn't just straightly equate to money, you see mining bitcoins is like doing a very hard puzzle. Your GPU goes trough all the different combinations, until it finds the right one, and gets 50 bitcoins. But mining alone that 50BTC is almost always idiotic, since there is about 1% chance that you will not find a single bitcoin in your whole life. That's why people mine in "pools", and combine the mining power, and get more bitcoins :) I hope this helps
LeeviON 5 months ago
@dzman1024 And there is a chance that you will never find 50BTC, but there's also a chance that you will find 50BTC in just a couple of minutes (which of course is VERY low)
That's why you can't straightly count the money you make from the Gigahash/second number. :)
And sorry for two posts, since the limit is 500 letters/post, I had to make two.
LeeviON 5 months ago
It the money made more than the energy and material cost. Is it ultimately worth it to setup the rig.
fsignup 5 months ago
I live in Saskatchewan, I want monitors. xD
mehfuckit 6 months ago
why not buy a good camera, you seem to have enough money
b0bthekillar 6 months ago
Idk why you guys don't understand; but you can get a dvi switch box for like $170 save a ton of money on keyboards/monitors/mouses. When it comes to bitcoin mining.
TheComputerwizzz 6 months ago
@TheComputerwizzz this is only a small portion of our miners now and we employ a kvm switch now :)
warweed 5 months ago
For those willing to spare any bitcoins, plz send them here 1439ogtZ7CcTkRfH6pCVy7vDj1nrxCQVUk
hellkid94 6 months ago
This has been flagged as spam show
why is this shit sideways
Choppah 6 months ago
These Canadians are awesome.
EmmanuelGoldsteinWeb 6 months ago
These dudes play a lot of video games.
EmmanuelGoldsteinWeb 6 months ago
This guy is making about $25,000 a month from this probably. About 84 bitcoins a day
pep1player 6 months ago
@pep1player sold 5000 btc at 31 ;) now if only i had sold the rest i would have been alot happier :P
warweed 5 months ago
@pep1player where the hell do you get 25k per month from 84btc/day
doluseb 5 months ago
@doluseb 84btc X $10 = $840 $840 X 30=$25200 This was 1 month ago calculations. Now bitcoins are at about $4 Thats how!!!
pep1player 5 months ago
@doluseb with bitcoins value drop comes a drop in difficulty mark my words bitcoin will go over 32$ again in the coming year regardless i no longer pay for power for my rigs so it's all gravy :) plus it is keeping my shop warm for the winter
warweed 3 months ago
Mother of god.
ilhadosmacacos 7 months ago
Can Bernanke start printing bitcoins? Get some super computers or special chips made so that the government can help supply the market. Seems like a lot of work for the average guy. The government could just get racks of their idle super computers and start "mining" for bitcoings.
kckmkq 7 months ago
We have a new free bitcoin pool, please join us! bithasher com
brandile30 8 months ago
you don't necessarily need a case for every pc unless you get a great deal on a bunch of them. you do not need monitors, use teamviewer or vnc and remote into them.
penisculatus 8 months ago
This is the reason the people with less assets can't compete. You are inflating the difficulty rate massively. But fuck it right? You'll never see your investment return on that. There's enough equipment there to buy a nice new CAR to get you to a JOB.
efahrenholz1 8 months ago
@efahrenholz1 Jalous!
nicolasgregoire 7 months ago
@efahrenholz1 Have a full time job ;) and a brand new car :P annnnnnd a brand new house :) cheers thou
oh btw I STARTED with 1000 $ dollars i was just smart with my investments and re invested all my profits into earnings .. and I lowered my costs to 550 per 2 card rig ... don't be a dummy do your research and you could have this to :)
warweed 5 months ago 8
@warweed
It's the same as everyone owning a Ferrari, all of a sudden a Ferrari isn't worth F'All
snedie69er 5 months ago
Comment removed
WXIIIR 5 months ago
Comment removed
WXIIIR 5 months ago
@warweed i wish i could but the price of the electricity is a bit steep for me to proceed with this stuff now, not profitable enough, i could still do some profit when i quit because i have some nice overclocking skills but it was some crappy income. electricity here costs 0.14 euro/kwh, ouch... it used to be cheaper but the government is taxing like crazy now :(
WXIIIR 5 months ago
@warweed Yeah man! You tell that stupid hypercritical fag that this works, and that he can take his job and shove it where the sun don't shine LMAO!!! XD
tbcivilian 3 months ago
Also when the 7000 series do come out we will be selling all of our 5850s and 5870s for bitcoins or cash certified cheque ect so subscribe if your interested as we will post a video when our pallet of hd 7000s come in we are optimistically hoping to achieve 100 ghash/s which we believe to be easily achieved as the current setup we have now was over 3 months and some smart mtgox trading starting with a 2g initial investment so cheers for watching stay tuned for relocation and organization lol
warweed 8 months ago
Haha yeah sorry was a quick shoot with a iPhone I missed a bunch so I just ran thru the room I think we are upwards of 12 ghash/s ATM power costs us about 800/mo. And we are maxing out our current 100amp drop and in the process of upgrading to a dedicated 200 amp when that's maxed we will be locating to commercial space with a 600 amp which should be around when the 7000 series cards become available cheers for watching :)
warweed 8 months ago
5850 PORN! xD
mihou2 8 months ago
dam there's all the 5850's i've been looking for.
PoboyMusic 8 months ago
like a boss indeed!
totally nuts, in a good way :)
yeah, what's your total hashing power and how much did the equipment tally up to in total? can you estimate your total wattage?
Thanks
Greg
Greggs41 8 months ago
Total hash output speed?
nlucctw2 8 months ago
like a boss!
FreedomAtRisk 8 months ago
Computer geek = YES
Camera man worth a shit = Not so much
Next time just strap your iPhone camera to a monkey, then hit that monkey with a stick and you'll get better footage... :-P (j/k)
Winst0nOBoogie 8 months ago