« previous next »
Pages: [1] 2 3 ... 7

Author Topic: Bitcoins  (Read 83020 times)

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Bitcoins
« on: August 02, 2017, 08:24:04 am »
How many Bit coins do you mine say per day or week? approximately?
Logged
jaDEB

If it scares you, it's a sign you need to do it

Hamster

  • Hero Member
  • *****
  • Posts: 535
  • Karma: +13/-0
    • View Profile
    • Off Topic
Re: Bitcoins
« Reply #1 on: August 02, 2017, 09:05:22 am »
0

I've thought about it and even considered one of them cloud mining setups but the reviews were divided. Luckily somebody else (MrDividend?) did it before me and from what I can tell it's not working out that well. Prefer buying/selling on the exchanges. Made good profit with not too large a sum of money before I completely cashed out two or so months ago.

Might get back into it, maybe.
Logged

gcr

  • Hero Member
  • *****
  • Posts: 1008
  • Karma: +28/-1
    • View Profile
Re: Bitcoins
« Reply #2 on: August 02, 2017, 09:22:39 am »
My youngsters are mining 24/7/365 and are happy with their results. It has elevated their household costs a bit via electricity consumption as they are using quite a big set up to mine
Logged
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

PlatinumWealth.co.za

  • Sr. Member
  • ****
  • Posts: 322
  • Karma: +10/-1
  • Weekend Investor
    • View Profile
    • Platinum Wealth Group
Re: Bitcoins
« Reply #3 on: August 02, 2017, 10:22:23 am »
You will need an ASIC farm if you want to mine BTC.

We mine Ether, SIA, Zcash and Redd
Logged
www.PlatinumWealth.co.za <- South African Investment and Finance forum.

yozzi

  • Full Member
  • ***
  • Posts: 157
  • Karma: +2/-0
    • View Profile
Re: Bitcoins
« Reply #4 on: August 09, 2017, 02:33:01 pm »
 Is anyone buying/selling bitcoins at the moment? Is it a lucrative? What sort of % profits/losses are you achieving?

I'm still trying to understand what it's all about!

Logged

PlatinumWealth.co.za

  • Sr. Member
  • ****
  • Posts: 322
  • Karma: +10/-1
  • Weekend Investor
    • View Profile
    • Platinum Wealth Group
Re: Bitcoins
« Reply #5 on: August 09, 2017, 07:13:28 pm »
Quote from: yozzi on August 09, 2017, 02:33:01 pm
Is anyone buying/selling bitcoins at the moment? Is it a lucrative? What sort of % profits/losses are you achieving?

I'm still trying to understand what it's all about!

You don't sell Bitcoin.

Logged
www.PlatinumWealth.co.za <- South African Investment and Finance forum.

yozzi

  • Full Member
  • ***
  • Posts: 157
  • Karma: +2/-0
    • View Profile
Re: Bitcoins
« Reply #6 on: August 12, 2017, 10:33:37 am »
Don't leave it there! Impart your knowledge and tell us how you come to that conclusion?
Logged

Lamak

  • Jr. Member
  • **
  • Posts: 50
  • Karma: +1/-0
    • View Profile
Re: Bitcoins
« Reply #7 on: August 13, 2017, 06:17:17 pm »
Quote from: PlatinumWealth.co.za on August 02, 2017, 10:22:23 am
You will need an ASIC farm if you want to mine BTC.

We mine Ether, SIA, Zcash and Redd

This is interesting. Do you use a ASIC farm at home?
I am currently using a cloud mining company and can only imagine that having your own server in much better.
Logged

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Bitcoins
« Reply #8 on: September 01, 2017, 02:12:31 pm »
BTC/ZAR 67,940
Logged
jaDEB

If it scares you, it's a sign you need to do it

PlatinumWealth.co.za

  • Sr. Member
  • ****
  • Posts: 322
  • Karma: +10/-1
  • Weekend Investor
    • View Profile
    • Platinum Wealth Group
Re: Bitcoins
« Reply #9 on: September 05, 2017, 09:11:42 am »
Quote from: Lamak on August 13, 2017, 06:17:17 pm
Quote from: PlatinumWealth.co.za on August 02, 2017, 10:22:23 am
You will need an ASIC farm if you want to mine BTC.

We mine Ether, SIA, Zcash and Redd

This is interesting. Do you use a ASIC farm at home?
I am currently using a cloud mining company and can only imagine that having your own server in much better.

Have a GPU farm of note (https://platinumwealth.co.za/forum/Thread-How-to-build-an-Ethereum-mining-rig) in an industrial building/warehhouse.

Then for those wanting a minimalist view of prices, I build this for us (free, no money mahala) https://coindata.co.za/ will make an API available soon.
Logged
www.PlatinumWealth.co.za <- South African Investment and Finance forum.

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Bitcoins
« Reply #10 on: September 05, 2017, 09:33:34 am »
BTC/ZAR 63,119
Logged
jaDEB

If it scares you, it's a sign you need to do it

JohnnyH

  • Jr. Member
  • **
  • Posts: 96
  • Karma: +0/-0
    • View Profile
Re: Bitcoins
« Reply #11 on: September 13, 2017, 10:08:15 am »
Now down to ~55k??

Seems the hype is fading...?
Logged

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Bitcoins
« Reply #12 on: September 13, 2017, 01:41:10 pm »
BTC/ZAR 54,445

Getting a hiding,  :wall:  ???  :'(  :'(  :'(  :'(
Logged
jaDEB

If it scares you, it's a sign you need to do it

andre

  • Jr. Member
  • **
  • Posts: 52
  • Karma: +7/-0
    • View Profile
Re: Bitcoins
« Reply #13 on: October 03, 2017, 11:24:58 am »
Seems to have recovered for the most part. It will be a wild ride but in the long run, it can only move up.
Logged

PlatinumWealth.co.za

  • Sr. Member
  • ****
  • Posts: 322
  • Karma: +10/-1
  • Weekend Investor
    • View Profile
    • Platinum Wealth Group
Re: Bitcoins
« Reply #14 on: October 03, 2017, 04:19:40 pm »
Quote from: andre on October 03, 2017, 11:24:58 am
Seems to have recovered for the most part. It will be a wild ride but in the long run, it can only move up.

Will pick up again after 1 November.
Logged
www.PlatinumWealth.co.za <- South African Investment and Finance forum.
Pages: [1] 2 3 ... 7
« previous next »