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Posted: Fri Dec 06, 2013 2:16 pm
by TheCatt
Coinbase hit $800 so I bought some more (<1 BTC).... we'll see where it goes.
Posted: Fri Dec 06, 2013 7:49 pm
by TheCatt
TheCatt wrote:So in about 1 day I made 0.055 LTC, or $1.87 at current prices.
As of 8:30 tonight, I'm at 0.13 LTC mined, so 0.075 LTC over the past 24 hours. Given that I fixed my video card issue this morning, I should get about 0.085 LTC / day in the future, or $2.55/day at current rates/difficulty.
Posted: Fri Dec 06, 2013 8:54 pm
by TheCatt
Wow... massive BTC drop, down to 750 across the major exchanges.
Posted: Fri Dec 06, 2013 9:05 pm
by TheCatt
Ugh... I sold my BTC at 800... then coinbase crashed, and now my account is messed up and cannot be used. Price is somewhere around 685.
Only news I heard today is that Baidu has stopped accepting Bitcoins... so perhaps a China selloff right now?
Posted: Fri Dec 06, 2013 11:07 pm
by TPRJones
That's my guess. Speculation was that the rise was the sudden interest from China, which would fit that explanation.
Posted: Fri Dec 06, 2013 11:32 pm
by TheCatt
At this point, I'm down to 1.7 BTC, but I'm up $600 cash, and the remaining BTCs are gravy. On the one hand, I want to let them ride.. on the other, I don't want to "lose" money.
Posted: Sat Dec 07, 2013 12:38 am
by TPRJones
Don't look at me, I've completely given up on trying to predict this market enough to buy and sell the highs and lows.
Posted: Tue Dec 10, 2013 4:09 pm
by TheCatt
If you want to try mining litecoin, this card is $15 after rebate, and can mine decently. I would guesstimate 0.04LTC / day, which is $1.4/day at current prices, pay for itself in a month. Eletricity is not included.
Posted: Tue Dec 10, 2013 4:52 pm
by TheCatt
OK, my USB Block Erupter arrived. I googled some instructions, and was up and running in 10 minutes.
I am getting roughly the promised/expected 360 MHash/s.
My reward level presently is 0.00031920 BTC. Will update tomorrow to see how many it generates in a day.
Posted: Tue Dec 10, 2013 5:50 pm
by TheCatt
I think I made 1.5 cents in the past hour, which would work out to 10-11 $ / month.
Posted: Tue Dec 10, 2013 9:15 pm
by Paul
TheCatt wrote:If you want to try mining litecoin,
this card is $15 after rebate, and can mine decently. I would guesstimate 0.04LTC / day, which is $1.4/day at current prices, pay for itself in a month. Eletricity is not included.
Out of stock.
Posted: Tue Dec 10, 2013 9:33 pm
by TheCatt
LTC miners are buying everything. I got 1.
Posted: Tue Dec 10, 2013 9:56 pm
by Malcolm
Is your mining based purely on hardware power?
Posted: Wed Dec 11, 2013 7:37 am
by TheCatt
Malcolm wrote:Is your mining based purely on hardware power?
Basically, yes.
Posted: Wed Dec 11, 2013 1:11 pm
by Malcolm
Curious. I'm vaguely interested in finding ways to cheat now.
Posted: Wed Dec 11, 2013 1:21 pm
by TheCatt
You and a million others. Lemme know if you figure something out 
Posted: Wed Dec 11, 2013 1:35 pm
by TPRJones
If you do find a way to break bitcoins, please let me know so I can sell mine off before the rest of the market finds out.
Posted: Wed Dec 11, 2013 1:47 pm
by TheCatt
Just got my instant buy authorization today at Coinbase! Now, just need prices to collapse again
Posted: Wed Dec 11, 2013 1:53 pm
by Malcolm
TheCatt wrote:You and a million others. Lemme know if you figure something out
Sloth is the mother of invention.
Posted: Wed Dec 11, 2013 5:48 pm
by TheCatt
TheCatt wrote:OK, my USB Block Erupter arrived. I googled some instructions, and was up and running in 10 minutes.
I am getting roughly the promised/expected 360 MHash/s.
My reward level presently is 0.00031920 BTC. Will update tomorrow to see how many it generates in a day.
Wow... today up to:
0.00046580 BTC
Which means I earned 0.0001466 BTC over a day.
Which is 14.66 cents. So that sucked. $4.40/month
Edited By TheCatt on 1386802149