Mining Bitcoin at Home: Week 7 Update by oleg326756

View this thread on: hive.blog | peakd.com | ecency.com

mining · @oleg326756 · Dec 14 '16 (edited)

Mining Bitcoin at Home: Week 7 Update

<html>
<p>Hello everyone! Time flies fast, doesn’t it? It’s difficult to believe that my home mining experiment began seven weeks ago. Anyway, here’s the seventh weekly progress report.</p>
<p><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-1-update">Week 1 update here</a><br>
<a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-2-update">Week 2 update here</a><br>
<a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-3-update">Week 3 update here</a><br>
<a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-4-update">Week 4 update here</a><br>
<a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-5-update">Week 5 update here</a><br>
<a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-6-update">Week 6 update here</a></p>
<p><img src="https://lh3.googleusercontent.com/My7dcv8QWBWCirvG54FpM-1pX1jSJlb2-mRgdHLopc_IQFC0qOpbS9vY6vso4OCo7KpNcoxBQBnHggo3xwzAzrAbcI72DDyZ69Zgst0mN14iwrFkd6tri6wUHuT_6DwBzBWYIEvvBa-a3ExEXvjYe16Z9ST0JmQfylEBZgZWtO1BujwVfifmrf1US-zEGdyTJr_xGQdnlFvKCWciCtxP1j1qjsgL1ie8djQcoAUA5aCHRlHbketibwRy97juJA_7_ElTr2yLRM2-tNZK6MMMF8wb0Ko3-CkV4J6C0d7gFEFDVBAF-PGe1gyd1d92ei1cWRPnubL5KvSY4r06G-hwL7EqM5m0tkIknGq1nWzzik0zqw16IPuUUZwXp1RwnuExRMOkh1wZwPlcGmjcqYF6th6yJVTMbtypGIPiZW-e4P99ZYQIDELs8je6MnFvrVZBO_j9pwuygJPB_9ZuLBPrv5znd-XkJr2vEV51hDE216uc0s-6cw97HQdPTfKUG79Xdic7ePQew0gwhHJhn8sT71qy90F5I7RiZ5f-zCn2EGevXVIUHb1u1OgiUepq9ATeMWDXfZrWAuJSBXLAhXDCfDlhcjs_pKM9fxtbZ_0PVn61No8eoBjTJ2ImAS7jW32LG87iqrQaOoax8RQRd-a-iouoITnBR0rnkXHLZsN1TF0=w835-h626-no" width="835" height="626"/></p>
<p><em>My Working Class Hero, Yukon SP30 4.5 TH/s</em></p>
<p>This past week I continue to mine exclusively on Bitcoin.com’s mining pool. The pool is doing particularly well this week, finding more blocks than usually. They also launched a Central European server and I immediately switched to it. It makes more sense for me, given my location in Sweden, than the US West Coast server I previously connected to.</p>
<p>The miner is working steadily, with zero issues and no downtime this week. With each passing day I am getting more optimistic about return on my investment. By now the miner has already earned a quarter of its cost (see the table below). According to my rough forecast, in the next four months it will have fully paid for itself and from then on it’s free money, baby!</p>
<p><img src="https://lh3.googleusercontent.com/mE7_LLdaPNzKn81JM9QsaWD7xscqs5D-4FvH5i3UK3-HySCCVdpJa94Qzqn64sQKSeupMGYJ2nM3quZMjfDML9sGhcSvDIT6KBzIIW0PXHPmAybAciQdFUMUNVwu13Jw1D-amJz62-kFvXBoC1YDqirq79FewpdLRC7JPBXYJDSRmTRXnM9-RkHUueTC5VmD-3nkieXNA_XdtnGE9ck_iSCVrX-wRIaOw5i5tshiHzu_30Q_DIQcROVcbdkGSqX9wJTEpDjD0stkqJvb611KThrkt43CIuypd7LCapXwAkJ39zLdT81VXZOBLPL3_wfMZ2QS4fqJxjIby4ftM64RNGtWX5R5KNgGsulrrR7YKP229pZDszLxIrujmYWIYXK2LG5kVzHZrJQvbk2NIA-5LTTIgQwYzWp93rwYxQaHuJwBSCzmw_56NVXXdg_c4QFYQPsXm8GkUVQp4y6zAmcu8_sHvyNSlaKUCpoLyS91ZwukCC8FHFecNytpbcuKXVOrb8YBBk7yCXkIfbt0mF103d51kucMieW0qz-u5tZZLvbTbT-5C5bif52SLm0P3lAN-w2vx8jgoDy7rD7B3xMGl6Bdgd8OYM-ryU_1ofoFz9o_5pB-MqLhh0qtJu7ipOGRceadHRxZeomahpeHl9tinQTzij8FITa1qLhTXtB_oKM=w693-h294-no" width="693" height="294"/></p>
<p>@marketingmonk mentions in <a href="https://steemit.com/bitcoin/@marketingmonk/google-searches-for-earn-bitcoin-hit-an-all-time-high-the-cryptoverse-165">today’s episode of the Cryptoverse</a> that:</p>
<blockquote>The number of searches for earning Bitcoin have increased over the past few years and have now reached an all-time high according to statistics from Google Trends.</blockquote>
<p>It makes me optimistic that I should able to sell my miner at some future point. I am not going to ask the same price I paid for it, of course. Instead, I will offer a good discount to anyone similarly enthusiastic about mining Bitcoin at home as I am.</p>
<p><em>P.S.: In these days of the falling STEEM price I consider it my duty as a loyal Steemian to post this update as “Power Up 100%”.</em></p>
<p>&nbsp;<strong>Previous Updates:</strong></p>
<ul>
  <li><a href="https://steemit.com/mining/@oleg326756/my-new-miner-has-arrived-first-impressions">Week 0: Unpacking and Setting-Up</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-1-update">Week 1 Update</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-2-update">Week 2 Update</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-3-update">Week 3 Update</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-4-update">Week 4 Update</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-5-update">Week 5 Update</a></li>
  <li><a href="https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-6-update">Week 6 Update</a></li>
</ul>
<p><img src="http://www.wakeupcall.se/images/oleg326756.png"/></p>
</html>

👍 sqube, cryptos, pollux.one, englishtchrivy, sykochica, kooshikoo, cynetyc, technovedanta, judasp, crowdfundedwhale, robotev, pery, oleg326756, wilmaballsdrop, ballinconscious, smysullivan, breezin, cardboard, sergey44, rapp, sara2, cryptonetwork, tonicbbleking, alexma3x, lazariko12, adelja, comeup, robotev1, robotev2, julia112, jobava

properties (23)

`author`	oleg326756
`permlink`	mining-bitcoin-at-home-week-7-update
`category`	mining
`json_metadata`	{"tags":["mining","bitcoin","miner","hardware","minnowsunite"],"users":["marketingmonk"],"image":["https://lh3.googleusercontent.com/My7dcv8QWBWCirvG54FpM-1pX1jSJlb2-mRgdHLopc_IQFC0qOpbS9vY6vso4OCo7KpNcoxBQBnHggo3xwzAzrAbcI72DDyZ69Zgst0mN14iwrFkd6tri6wUHuT_6DwBzBWYIEvvBa-a3ExEXvjYe16Z9ST0JmQfylEBZgZWtO1BujwVfifmrf1US-zEGdyTJr_xGQdnlFvKCWciCtxP1j1qjsgL1ie8djQcoAUA5aCHRlHbketibwRy97juJA_7_ElTr2yLRM2-tNZK6MMMF8wb0Ko3-CkV4J6C0d7gFEFDVBAF-PGe1gyd1d92ei1cWRPnubL5KvSY4r06G-hwL7EqM5m0tkIknGq1nWzzik0zqw16IPuUUZwXp1RwnuExRMOkh1wZwPlcGmjcqYF6th6yJVTMbtypGIPiZW-e4P99ZYQIDELs8je6MnFvrVZBO_j9pwuygJPB_9ZuLBPrv5znd-XkJr2vEV51hDE216uc0s-6cw97HQdPTfKUG79Xdic7ePQew0gwhHJhn8sT71qy90F5I7RiZ5f-zCn2EGevXVIUHb1u1OgiUepq9ATeMWDXfZrWAuJSBXLAhXDCfDlhcjs_pKM9fxtbZ_0PVn61No8eoBjTJ2ImAS7jW32LG87iqrQaOoax8RQRd-a-iouoITnBR0rnkXHLZsN1TF0=w835-h626-no","https://lh3.googleusercontent.com/mE7_LLdaPNzKn81JM9QsaWD7xscqs5D-4FvH5i3UK3-HySCCVdpJa94Qzqn64sQKSeupMGYJ2nM3quZMjfDML9sGhcSvDIT6KBzIIW0PXHPmAybAciQdFUMUNVwu13Jw1D-amJz62-kFvXBoC1YDqirq79FewpdLRC7JPBXYJDSRmTRXnM9-RkHUueTC5VmD-3nkieXNA_XdtnGE9ck_iSCVrX-wRIaOw5i5tshiHzu_30Q_DIQcROVcbdkGSqX9wJTEpDjD0stkqJvb611KThrkt43CIuypd7LCapXwAkJ39zLdT81VXZOBLPL3_wfMZ2QS4fqJxjIby4ftM64RNGtWX5R5KNgGsulrrR7YKP229pZDszLxIrujmYWIYXK2LG5kVzHZrJQvbk2NIA-5LTTIgQwYzWp93rwYxQaHuJwBSCzmw_56NVXXdg_c4QFYQPsXm8GkUVQp4y6zAmcu8_sHvyNSlaKUCpoLyS91ZwukCC8FHFecNytpbcuKXVOrb8YBBk7yCXkIfbt0mF103d51kucMieW0qz-u5tZZLvbTbT-5C5bif52SLm0P3lAN-w2vx8jgoDy7rD7B3xMGl6Bdgd8OYM-ryU_1ofoFz9o_5pB-MqLhh0qtJu7ipOGRceadHRxZeomahpeHl9tinQTzij8FITa1qLhTXtB_oKM=w693-h294-no","http://www.wakeupcall.se/images/oleg326756.png"],"links":["https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-1-update","https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-2-update","https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-3-update","https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-4-update","https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-5-update","https://steemit.com/mining/@oleg326756/mining-bitcoin-at-home-week-6-update","https://steemit.com/bitcoin/@marketingmonk/google-searches-for-earn-bitcoin-hit-an-all-time-high-the-cryptoverse-165","https://steemit.com/mining/@oleg326756/my-new-miner-has-arrived-first-impressions"],"app":"steemit/0.1","format":"html"}
`created`	2016-12-14 16:29:48
`last_update`	2016-12-14 16:32:12
`depth`	0
`children`	7
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	4,978
`author_reputation`	42,484,569,494,884
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	0
`post_id`	2,003,360
`net_rshares`	543,172,707,445
`author_curate_reward`	""

vote details (31)

voter	rshares	pct
cynetyc	17,864,535,911	100%
sergey44	1,497,545,494	100%
kooshikoo	27,022,661,902	100%
rapp	1,171,207,503	100%
sykochica	31,997,221,543	100%
cryptos	106,328,495,841	50%
alexma3x	627,313,376	50%
pery	11,823,482,017	100%
englishtchrivy	40,681,217,389	100%
pollux.one	59,451,775,300	100%
cryptonetwork	1,014,392,493	100%
ballinconscious	6,409,326,096	100%
robotev1	146,441,733	50%
robotev2	146,046,660	50%
robotev	13,069,017,358	50%
jobava	54,554,213	100%
comeup	153,892,641	50%
wilmaballsdrop	7,231,741,721	100%
judasp	13,578,724,496	100%
julia112	137,914,153	100%
adelja	198,061,329	100%
oleg326756	10,965,387,893	100%
sara2	1,144,545,261	100%
sqube	147,261,176,893	100%
crowdfundedwhale	13,222,029,704	50%
breezin	3,302,306,103	47%
technovedanta	17,780,381,669	100%
smysullivan	4,841,452,552	80%
cardboard	2,898,098,685	100%
tonicbbleking	792,382,150	100%
lazariko12	359,377,366	100%

@breezin · Dec 15 '16

Got ur post from chat. Thanks for sharing uv

properties (22)

`author`	breezin
`permlink`	re-oleg326756-mining-bitcoin-at-home-week-7-update-20161215t015246759z
`category`	mining
`json_metadata`	{"tags":["mining"]}
`created`	2016-12-15 01:52:51
`last_update`	2016-12-15 01:52:51
`depth`	1
`children`	1
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	44
`author_reputation`	159,478,569,846,237
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	2,007,071
`net_rshares`	0

@oleg326756 · Dec 15 '16

Thank you for taking time to read it and write this comment. I really appreciate it!

properties (22)

@smysullivan · Dec 15 '16

Upvoted and followed, So give or take not counting the electric it seems to be paying out pretty good. So in your opinion is it profitable?

👍 oleg326756

`author`	smysullivan
`permlink`	re-oleg326756-mining-bitcoin-at-home-week-7-update-20161215t061017672z
`category`	mining
`json_metadata`	{"tags":["mining"]}
`created`	2016-12-15 06:10:21
`last_update`	2016-12-15 06:10:21
`depth`	1
`children`	2
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	139
`author_reputation`	16,261,876,135,297
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	2,008,367
`net_rshares`	10,741,604,467
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
oleg326756	0 B		10,741,604,467	100%

@oleg326756 · Dec 15 '16

Yes, my electric costs are essentially zero, because they are included in my monthly rate at a flat rate, whether I'm mining or not. I will consider this operation profitable, once I have earned the amount of bitcoins equal to – or greater than, obviously – the amount I paid for the miner. Which hopefully should happen in a few months, barring the miner's catastrophic breakdown or other unforeseeable and drastic circumstances.

properties (22)

@smysullivan · Dec 15 '16

Sweet, I am starting to save up a few dollars here and there in hopes I can start mining, might start GPUs first since they can be cheaper, and ATM I pay electric.

properties (22)

`author`	smysullivan
`permlink`	re-oleg326756-re-smysullivan-re-oleg326756-mining-bitcoin-at-home-week-7-update-20161215t062047375z
`category`	mining
`json_metadata`	{"tags":["mining"]}
`created`	2016-12-15 06:20:51
`last_update`	2016-12-15 06:20:51
`depth`	3
`children`	0
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	163
`author_reputation`	16,261,876,135,297
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	2,008,397
`net_rshares`	0

@wmfund · Dec 14 '16

Super!!!
<a href="https://minergate.com/a/87b42a5d1ac7b9a88051fb00">
    <img src="https://minergate.com/assets/promo/100x100-0.png"/>
</a>

👎 klye

`author`	wmfund
`permlink`	re-oleg326756-mining-bitcoin-at-home-week-7-update-20161214t191017992z
`category`	mining
`json_metadata`	{"tags":["mining"],"image":["https://minergate.com/assets/promo/100x100-0.png"],"links":["https://minergate.com/a/87b42a5d1ac7b9a88051fb00"]}
`created`	2016-12-14 19:10:18
`last_update`	2016-12-14 19:10:18
`depth`	1
`children`	1
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	139
`author_reputation`	2,766,558,139
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	2,004,409
`net_rshares`	-101,193,701,026
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
klye	0 B		-101,193,701,026	-100%

@klye · Dec 15 '16

Ref link spam? One word and a link?

Nah man. This isn't acceptable. :/

👍 oleg326756

`author`	klye
`permlink`	re-wmfund-re-oleg326756-mining-bitcoin-at-home-week-7-update-20161215t061136794z
`category`	mining
`json_metadata`	{"tags":["mining"]}
`created`	2016-12-15 06:11:30
`last_update`	2016-12-15 06:11:30
`depth`	2
`children`	0
`last_payout`	2017-01-14 23:56:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	71
`author_reputation`	412,497,049,523,103
`root_title`	"Mining Bitcoin at Home: Week 7 Update"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	2,008,369
`net_rshares`	10,517,821,040
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
oleg326756	0 B		10,517,821,040	100%