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by cryptonoob
Thu Jun 22, 2017 2:46 am
Forum: Mining
Topic: My results after one month of mining on the Bitcoin.com Mining Pool
Replies: 22
Views: 8904

Re: My results after one month of mining on the Bitcoin.com Mining Pool

Thank you Grey

Very helpful. I'm going to think about it tonight and perhaps start doing this tomorrow.

I was bearish on Bitcoin, because as a developer, I like the tech behind Ethereum.

BUt with all the ICO's, the price of Ethreum is all over the place and trading comes to a halt.

Seems like ...
by cryptonoob
Thu Jun 22, 2017 1:56 am
Forum: Mining
Topic: My results after one month of mining on the Bitcoin.com Mining Pool
Replies: 22
Views: 8904

Re: My results after one month of mining on the Bitcoin.com Mining Pool

Also another question I have...

If I buy the lifetime contract and 1 TH/s now, can I increase that later down the road easily?


Sorry for all the noob questions.
by cryptonoob
Thu Jun 22, 2017 1:11 am
Forum: Mining
Topic: My results after one month of mining on the Bitcoin.com Mining Pool
Replies: 22
Views: 8904

Re: My results after one month of mining on the Bitcoin.com Mining Pool

Ah, ok. So we're buying hashrate, which directly correlates to the processing power being used or rented in the mining pool. And we'd pay more for the same level of hashrate if we're being given access to that processing power for a longer period of time, through the longer contract term. Correct ...
by cryptonoob
Thu Jun 22, 2017 12:53 am
Forum: Mining
Topic: My results after one month of mining on the Bitcoin.com Mining Pool
Replies: 22
Views: 8904

Re: My results after one month of mining on the Bitcoin.com Mining Pool

I'm new to the world of cryptocurrency, and very new to mining.

I would love to do this but I have a few questions and concerns.

1. what happens if there is a hard fork and I bought a lifetime contract?

2. what happens if bitcoin prices go down? I saw that fees go down if it becomes unprofitable ...

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