The Bitcoin Forum

fiatoshi

Apparent disparity was due to my confusion with the numbers. So please disregard my previous post.

fiatoshi

Estimated daily revenue on any given day is three times my actual revenue (this is after reflecting daily fees). What gives?

fiatoshi

Read the latest posts before posting, Bangteh. It's just non-cloud hashrate, ie prima facie unrelated to the Lifetime Contract debacle. (Presumably the dramatic increase is because BTC is more profitable at the moment and the pool's fee structure for BTC is less punitive recently due to KableK's ...

fiatoshi

Oldenburg doesn't want to talk about bitcoin.com revenues or to what extent they depend on trades in BCH versus BTC, but he reveals to Breakit the company makes “an awful lot of money"

When I read this article I assumed that it was likely an error by the layman journalist--ie, conflating "mining ...

fiatoshi

I just want to know what's going on here first.

https://www.ccn.com/china-restrict-cryptocurrency-otc-trading-mining-no-definite-plans-yet/

The news coverage about the China mining restrictions (that I've been able to find) does not match the timing or urgency of the Pause Notice (aka the ...

fiatoshi

If China plans to shutdown mining, is there any canary to warn users of such an event to move coin.
Will lifetime contracts migrate to your US mining rigs? What is your contingency plan for a china mining ban?

Most of our hashrate is in the USA.

We are already planning to move all our China ...

fiatoshi

What is dissapointing to me is that the hashrate is guaranteed 100% uptime.

Yes (if by "disappointing" you mean "unconscionable").
And given its prominence in the advertising/explanatory materials, such guarantee is definitely not obviated by the cover-all "no guarantees" language in the T&C.

fiatoshi

7.0 Limitation of Liability
Without detriment to the Service Providers (St Bitts’) obligation to render the Services on a commercially reasonable basis only, any liability of the Service Provider hereunder and or in connection with this Agreement shall be limited to willful misconduct and gross ...

fiatoshi

許せんぞ。

Pause your contract from January 18th until approximately April 30th

Note "approximately"... ie there is not even any attempt to guarantee that this date will be met to begin with.

Can any one provide more context to this move in terms of other cloud mining pools? Which other pools has a ...

fiatoshi

http://nordic.businessinsider.com/the-swedish-founder-of-bitcoin.com-one-of-the-largest-sites-in-the-industry-has-sold-all-his-bitcoins-because-its-as-good-as-useless--/

Emil, the top person responsible for this pool, had this to say to a magazine (on December 18, 2017):
Bitcoin.com operates in ...

fiatoshi

"Contract will end if daily fee exceeds revenue for 60 consecutive days."
what if a market crash causes the pool to generate losses for a period of time, would i be able to keep the contract if i choose to? (hoping the market recovers)
What is the purpose of this policy is what i am wondering ...

fiatoshi

599$ is ridicoulus expensive!

It is very expensive. But It would be strange (or even unfair, to earlier purchasers) if the "buy-in" price hadn't been adjusted to reflect the current pricing trends of BTC and BCH, which are way higher than in previous months. Not sure what price points the other ...

fiatoshi

As the fork will happen and we will start mining Segwit2x what happens to the current BTC on my account? Should I transfer my mined funds to Bitcoin Wallet before the hard fork is live?

Yes. We always recommend withdrawing your funds.

You may already be planning to do this, but please consider ...

fiatoshi

Good work Shaun and team!

fiatoshi

: sub 4000.PNG (18.9 KiB) Viewed 9034 times

When it goes down, it sure goes down.

Somebody hodl me please.

fiatoshi

Major cryptocoin exchange bitFlyer uses the BTC and BCH tickers.

As a post-fork newbie, BCH seems fine to me.

Also, maybe this is more of a longer term issue, but "XBT" is the supposed official ticker for BTC isn't it? I see for example that the currency conversion website xe.com now includes ...

fiatoshi

Thank you bitkilo. The current trend I've observed is that BTC to BCH profitability (short-term USD profitability) frequently fluctuates between 1.25x-ish and 1.15x-ish during the day (fluctuating as blocks are mined), with the expected next post-adjustment (currently projected to be four days away ...

fiatoshi

Ya'll come on back over to the BCH mine!

: fork.lol.PNG (4.65 KiB) Viewed 8862 times

There's not a massive difference between the current fiat profitability of BTC and BCH (see above)
and with BCH you can mine about 10 times as much cryptocoin as BTC!

fiatoshi

Major cryptoexchange bitFlyer has just recently added colored logos for crypotcurrencies in its desktop-friendly website interface (the insignias were all grey about 24 hours ago... at least, they all looked grey to me. I do have some standard male color-defectiveness with greens and greys.)

Now ...

fiatoshi

This might be okay if the idea is to supplant XBT rather than coexist with it.
Also, is the idea that there can/should keep being a succession of forks into "Bitcoin 3.0" "Bitcoin 4.0" over the years ahead? That's what using numbers in the name makes it sound like to a n00b like me.

Alternative ...

fiatoshi

Attempted to switch over from BTC to BCH now, but the interface says "Switching coins in: 28 hours" and offers me the choice to cancel the switch.
Mel, (if I've got it right) you said BCH mining profitability (relative to BTC mining) "will only last a few days."
Do you think I should I cancel the ...

fiatoshi

Bump.
I've been testing this out. Yet to try the actual trades but other functions have been very smooth so far.

Search found 22 matches

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

BTC price dips below USD 4000

Re: What should the ticker for Bitcoin Cash be? BCH or BCC?

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: Time to upgrade your Bitcoin to Bitcoin 2.0?

Re: Time to upgrade your Bitcoin to Bitcoin 2.0?

Re: Bitcoin.com Mining Pool Official Discussion Thread

Re: I created a zero-fee, fully anonymous, Bitcoin-denominated commodities exchange in my spare time. Need help testing.

about bitcoin.com

You Must Know

Social Links