[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Home]
4chanarchives logo
Archived threads in /biz/ - Business & Finance - 337. page
Images are sometimes not shown due to bandwidth/network issues. Refreshing the page usually helps.


File: 1451572378404.png (103 KB, 1437x908) Image search: [iqdb] [SauceNao] [Google]
1451572378404.png
103 KB,
Can you coiners help me find a source for all i need to know about how to buy and sell crypto's, what to look for in a crypto etc? thanks!
5 replies and 1 images submitted. Click here to view.
>>
Buy ethereum
>>
Oh look, the idiots are back.
>>
>>1370804
enlighten me. everyone here is so quick to call each other names but no one wants to make posts of substance and real arguments its pissing me off

File: standardandpoor.jpg (47 KB, 1024x768) Image search: [iqdb] [SauceNao] [Google]
standardandpoor.jpg
47 KB,
Anyone here trading options? How is it going?

also anyone has any opinion on Nassim Taleb and his books regarding randomness and antifragility ?

pic somehow option related
7 replies and 2 images submitted. Click here to view.
>>
File: terorist.jpg (87 KB, 480x270) Image search: [iqdb] [SauceNao] [Google]
terorist.jpg
87 KB, 480x270
bump :(
>>
>>1370736
I want to do it but it sounds scary lol
>>
Yes I like them both but his strategy only works if you have 1bn+ and are fine going 1-2 years just losing money every day.

File: 1439716277476.jpg (685 KB, 1252x1296) Image search: [iqdb] [SauceNao] [Google]
1439716277476.jpg
685 KB,
Good or bad idea?
5 replies and 1 images submitted. Click here to view.
>>
do STEM, business or finance
>>
>>1370644

Depends. Sometimes I wonder if masses of students will commit suicide in protest over their loans which the government can't pay back.

Then your fucked.
>>
What a qt.

File: 1468021209524.png (198 KB, 293x287) Image search: [iqdb] [SauceNao] [Google]
1468021209524.png
198 KB,
What are the best /biz/ books on stock trading, day trading, swing trading and such?
8 replies and 1 images submitted. Click here to view.
>>
>>1370638
pls repond.
>>
>>1370665

what was the question again?
>>
>>1370638
http://lmgtfy.com/?q=What+are+the+best+%2Fbiz%2F+books+on+stock+trading%2C+day+trading%2C+swing+trading

File: download (1).png (10 KB, 225x225) Image search: [iqdb] [SauceNao] [Google]
download (1).png
10 KB,
>>Economics Degree
>>Masters in Finance
or
>>Graduate with an Economics and a Finance Degree
15 replies and 2 images submitted. Click here to view.
>>
>>1370626
Give us some information on your work history/current job if you have one.
Are you able to get a job relatively easy?
Then tell us your goals and we will tell you our uninformed opinion about what is best for your life that we have no idea about
>>
>>1370633
>>About to start college
>>Have contacts in the finance industry that can help me get internships with relative ease
>>Not much job experience
I just wanted to know which one would look better on a future resume
>>
>>1370648
i'd say do finance but keep in mind that there's a at least 50% chance you will end up not wanting to do finance ever again after your first job experience there.

File: 1453252581790.jpg (51 KB, 540x429) Image search: [iqdb] [SauceNao] [Google]
1453252581790.jpg
51 KB,
What is quickest way to make money for a NEET?
23 replies and 4 images submitted. Click here to view.
>>
Buy kneepads and sell them to other NEETs that need to suck dick to make money
>>
>>1370620
Welfare
Insurance Fraud

Those are about it.
>>
>>1370623
I dont get it :/

>>1370625
I swear you need to have had a job to go on welfare though

>you must have 5 years experience for (job description an undergrad can do)

They can't keep getting away with this.
6 replies and 2 images submitted. Click here to view.
>>
File: 1467954125015.webm (3 MB, 842x468) Image search: [iqdb] [SauceNao] [Google]
1467954125015.webm
3 MB, 842x468
Yesterday it was the police, tomorrow it will be the gatekeepers to entry level jobs.
>>
>>1370621
topkek
>>
>>1370615
bear in mind a years experience can be anything

I went for a job with two years required customer service / marketing department.

My experience was one year on the board of a student association and a two years of maybe working once or twice a month at university events.
They just want someone who has done something with their time.

File: kill me.jpg (30 KB, 647x451) Image search: [iqdb] [SauceNao] [Google]
kill me.jpg
30 KB,
Why the fuck are minimum wage jobs so hard to get?

>Will be college freshmen next year
>Thought I'd save up some money
>Started applying to jobs in mid may
>Have applied to 40, majority in person
>Got good references, previous job experience, am clean cut

- I worked at a restaurant for 2 days before they decided they weren't hiring
- Did a shift at another restaurant and they said I 'did...
Comment too long. Click here to view the full text.
16 replies and 1 images submitted. Click here to view.
>>
>>1370563


>- I worked at a restaurant for 2 days before they decided they weren't hiring
You were let go
>- Did a shift at another restaurant and they said I 'did great' but they never got back to me
You did not make the cut
>- Just worked at a burger place for 2 weeks, area manager let me go because 'they've been slow', although said it had nothing to do with my work.
You were let go


tl:dr...
Comment too long. Click here to view the full text.
>>
>>1370572
>you generally have a bad aroma/personality after people get to know you.
at least with this most recent place it def wasn't that, the person that made the decision was a higher up manager who I'd never seen or talked to before
>>
>>1370582


people talk

File: realestate.jpg (752 KB, 1600x1064) Image search: [iqdb] [SauceNao] [Google]
realestate.jpg
752 KB,
>Buy the worst small apartment complex in town
>Slap a fresh coat of paint on it and clean up one of the units so it looks OK in a few photos
>Get investors via crowdfunding
>Get them to massively overpay
>Charge exorbitant property management fees
>Sell the property once you've bled the funds dry

The only problem is that if it works you can't do it again
7 replies and 2 images submitted. Click here to view.
>>
>>1370560
>Sell the property
The company is used to work for just kept the properties as part of their portfolio. Walked in and bought a failing property, sent our team(in house renovation crew, got paid a fraction of the cost of a real crew and were criminally unqualified) in to slap a new coat of paint on it, then added it to their list of "luxury apartments",
>>
>>1370622
Last thing I want to do is run a dump of a rental property.
>>
>>1370719
Sure, I understand that. Don't even know why I chimed in really, the shitheads I was working for were on a completely different scale.

File: 1467144696571s.jpg (5 KB, 250x250) Image search: [iqdb] [SauceNao] [Google]
1467144696571s.jpg
5 KB,
goldman sachs is a fucking fagfarm full of inferior little pat bateman wannabes who suck at math...
that is all
21 replies and 1 images submitted. Click here to view.
>>
>>1370531
i thought they died
>>
proof?
>>
>>1370531
I don't see how you hate from outside the club, you can't even get in.

File: fLpdtiaZ.png (84 KB, 1160x1160) Image search: [iqdb] [SauceNao] [Google]
fLpdtiaZ.png
84 KB,
Anyone else had it with these fucks? Now they're asking for proof of ID so I have to show them my fucking passport to be able to buy some BTC? This is getting ridiculous.

Are there any alternatives to buying BTC with fiat?
23 replies and 2 images submitted. Click here to view.
>>
Back to Mexico Paco
>>
>>1370488
best site for buying btc, instant delivery upon transaction completion

you're just a moron
>>
I can't even login, gets stuck in an endless loop

File: MLB_Logo.jpg (105 KB, 1365x1024) Image search: [iqdb] [SauceNao] [Google]
MLB_Logo.jpg
105 KB,
Hey there, /biz/.

Last night, I went ahead and decided to do some calculations. I looked at the odds provided by Sportsbetting on the upcoming MLB games (those played today, the 8th), and then looked at FiveThirtyEight's predictions for those games.

Using those predictions and odds, I calculated the Kelly criterion for all of them and found five games which gave a criterion to bet on the favoured team:
>Blue Jays/Tigers (63% chance of Jays win, 50/81 odds, bet 3.06% of money on Jays)
>Red Sox/Rays (54% chance of Sox win, 25/27 odds, bet 4.32% of money on Sox)
>Indians/Yankees (65% chance of Indians win, 100/177 odds, bet 3.05% of money on Indians)
>Rockies/Phillies (58% chance of Rockies win, 4/5 odds, bet 5.5% of money on Rockies)
>Giants/Diamondbacks (61% chance of Giants win, 25/38 odds, bet 1.72% of money on Giants)

I then started calculating the odds of various outcomes and determined that the probability of a profitable outcome (there were 13 possible outcomes which were profitable, out of 32 total possible outcomes) was 55.1%.

As of writing this (1am EST, July 9), three of the five games turned out as predicted (Jays, Sox, and Indians won), one turned out otherwise (Rockies lost), and the final one is turning out favourably (Giants lead 5-2 at the bottom of the 7th). At this point, it doesn't matter what happens, as the Rockies and Giants losing is one of the possible profitable outcomes, albeit a small profit. (Theoretically using a pool of $100, betting the above percentages would have resulted in $17.65 being bet, and Rockies and Giants losses would result in a 2.15% profit. If the Giants win, however, then the profit is 18.3%.)

As you can see, this kind of mathematical betting turned out to work well. Tonight, I will be doing something similar, for tomorrow's games.
4 replies and 1 images submitted. Click here to view.
>>
I'll be waiting until the Giants game is over to finish up calculations, but so far I found 3 games. Even though the Dodgers game is ongoing, for them to meet the Kelly criterion, their chance of winning, as per FiveThirtyEight, would have to be at least 69%, and I don't see that happening.
>>
>>1370489
With the Giants win, those bets would have made an 18.3% profit.

For tomorrow, the following seem like mathematically good bets:
>1.53% of money on Orioles (57% chance of win, 100/129 odds)
>4.54% of money on Red Sox (63% chance of win, 50/79 odds)
>3.48% of money on Indians (62% chance of win, 50/77 odds)
>3.28% of money on Giants (61% chance of win, 25/37 odds)

Out of 16 possible outcomes, 7 are profitable. They add up to a 61.64% chance of profitability.
(The outcomes which are profitable and are not all teams winning or all teams but one winning are the Red Sox and the Indians winning while the others lose along with the Red Sox and the Giants winning while the others lose.)

The expected outcome is a 2.34% profit. However, understand that this is merely an average of all of the statistical outcomes based on their probabilities, assuming FiveThirtyEight's probabilities are accurate.

The two most probable outcomes are all teams winning (13.58% chance, 66.4% profit) and all teams but the Orioles winning (10.25% chance, 45.4% profit).

Bet responsibly and with your own discretion, /biz/.
>>
538's ranking system is not accurate enough to beat vegas, nor is it intended to be. The results you got were just random chance, you don't actually have any edge betting this way.

File: 1466935026032.jpg (36 KB, 592x578) Image search: [iqdb] [SauceNao] [Google]
1466935026032.jpg
36 KB,
What is a better major, Marketing or management? Are any of these majors good at all? Or am I gonna waste my time and money?
15 replies and 1 images submitted. Click here to view.
>>
>>1370450
>Or am I gonna waste my time and money?

This. College is a scam. Do not go unless you want to be a wage slave the rest of your life.
>>
>>1370450
Both are ultra-trashy. Want to learn marketing? Start by being affiliate. Want to learn management? Work your way up from shelf-stocker in a supermarket. These techniques allow you to earn while you learn, instead of wasting your time and costing you 5-6 figures.
>>
>>1370463
That's why I'm considering management so i can focus on enterpurnership and start my own business eventually. I think the classes will be helpful with that

File: url.jpg (5 KB, 160x160) Image search: [iqdb] [SauceNao] [Google]
url.jpg
5 KB,
Follow this logic chain.

Money is loaned into existence/created when the fed loans money to the govt and it's subsidiary banks from the "fed window"

if a quadrillion is loaned into the system, but 1.1 quadrillion is expected back where does the .1 quadrillion come from?

Must more money be loaned into the system every year for the system to even be solvent?

Explain this to me /biz/
13 replies and 2 images submitted. Click here to view.
>>
Nice job, you just passed high school economics
>>
>>1370449

so the gov't will technically never be "out of debt". The debt will continue to grow... it's now 18 trillion but in 50 years it will be 180 trillion?

Where does it end? never? just borrow forever? This is what I genuinely don't understand
>>
yep it's all a racket. IRL Hydra wins.

File: Facebook Photos.jpg (14 KB, 275x183) Image search: [iqdb] [SauceNao] [Google]
Facebook Photos.jpg
14 KB,
Why would anyone invest in regular index funds when they could invest in leveraged etfs that cover inexes?

i mean historically index funds have by far the best returns with little to no risk so why not multiply your earning by 2 or 3?

sure theres a little extra risk but it seems well worth it to me.
9 replies and 1 images submitted. Click here to view.
>>
>>1370436
Post some so we can see how well they have performed the last 5 years. Also I could be mistaken but I don't think EFTs X2 or X3 are meant to be held for long...
>>
>>1370469
https://www.google.ie/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#safe=strict&q=SPXL
>>
>>1370475
Seems reasonably good but a 10-20% drop in the market would probably eat up all those gains in few months. Would allocate 15% of my portfolio to it but only after a significant market drop.

File: image.jpg (2 MB, 3264x2448) Image search: [iqdb] [SauceNao] [Google]
image.jpg
2 MB,
Hey biz which one should I start with
50 replies and 4 images submitted. Click here to view.
>>
>>1370428
Dale Carnegie book - changed my life. Followed by power.
>>
>>1370433

Dang, in what way may I ask?
>>
>>1370428
intelligent investor is fairly trash unless you're going to actually become a financial estate planner on wall street.

File: malla milliondollarpixel.jpg (1 MB, 1082x1082) Image search: [iqdb] [SauceNao] [Google]
malla milliondollarpixel.jpg
1 MB,
>200,000 USD prize
>hope to win
>profit?
the account is milliondollarpixel on instagram
6 replies and 1 images submitted. Click here to view.
>>
>>1370368
So, some guy's rebuilding the million dollar webpage? Meh, who gives a shit about rebranding an idea from 20 years ago.
>>
>>1370372

Isn't this gambling? Won't Paypal or whatever payment processor take his $?
>>
>>1370375
Beats the shit out of me. The original (you can google it, was million dollar website or million dollar homepage or some shit like that) where the guy had a 1k by 1k grid where he sold each block for a buck.

File: image.jpg (365 KB, 1920x1080) Image search: [iqdb] [SauceNao] [Google]
image.jpg
365 KB,
How much monthly/anual income would it take to be considered financially successful? Wether it be by passive income, business or job or a combination of all three.
I'm currently making 5k a month net profit from my business.
7 replies and 2 images submitted. Click here to view.
>>
10k* my bad, also thats in dollars
>>
"successful" by your own definition, maybe $500,000 per year
Rich, it would be 1 million per year
>>
>>1370324
I consider anyone financially stable to be doing a pretty good job with finance (they never need to borrow money, whether from friends or the government, and have savings in case of an emergency).

I consider anyone that's become financially independent on their own to be very financially successful.

File: 1465134249385.jpg (386 KB, 1920x1200) Image search: [iqdb] [SauceNao] [Google]
1465134249385.jpg
386 KB,
Whats the difference between a professional and a "normal" person in any inudstry not just business.
5 replies and 1 images submitted. Click here to view.
>>
>>1370308
Usually the difference is between pro and amateur, in which case a professional generally has it as his sole source of income and/or can teach it at a level that improves amateur skills to professional levels. Normally there is a 'pro circuit' for such things, like motivational speakers or certain comedy clubs or concert halls of a certain size.

Really it's the point where game recognize game.
>>
>>1370308
I can tell you on my side of things.

I'm a fisheries manager, been doing it for 10 years in WA and AK. The difference between a pro and a normie is time on deck. If you don't know how shit goes down on the water, you cannot effectively provide technical/policy analysis in order to regulate.

So I suppose a more generic way of saying it is knowing the industry from the ground up. not just coming in laterally from something akin to college or OCS.
>>
>>1370308
Professional: I have 10 years of experience in PIC RELATED.

Normal: Eyo, lemme get some fuck.

>be me
>invested 100 USD on a pixel selling account on instagram
>milliondollarpixel
>hope to win the 200,000 USD
>profit?
am i good investor now? lol
5 replies and 2 images submitted. Click here to view.
>>
>>1370301
You're on par with my grandmother and her weekly lottery ticket "investment"
>>
>>1370301
>be me
>Invest $30 in HIGH QUALITY CARPENTER KNEEPADS.
>Ill never need to replace them.
>First job nets me $50, word of mouth spreads fast.
>By 27 I plan on retiring.
>>
File: waynnneshill.jpg (49 KB, 853x480) Image search: [iqdb] [SauceNao] [Google]
waynnneshill.jpg
49 KB, 853x480
Either
2/10 if you are shilling, or
kill yourself/10 if serious.

Did you just pay money to get permission to sell something?

File: download.jpg (10 KB, 275x183) Image search: [iqdb] [SauceNao] [Google]
download.jpg
10 KB,
Just got a 1k loan from the parents. They gave me one month to pay it back. What are some good things to invest in and make a quick profit and return the loan?
12 replies and 1 images submitted. Click here to view.
>>
Premium luxury knee pads.
>>
>>1370290
Any other options? My mouth game isnt that strong,.
>>
>>1370289
drugs to sell

File: pokemon_red_blue_main_169.jpg (211 KB, 588x331) Image search: [iqdb] [SauceNao] [Google]
pokemon_red_blue_main_169.jpg
211 KB,
How well does having two versions of a product work for sales?
9 replies and 1 images submitted. Click here to view.
>>
>>1370112
The example you provided has done well by Nintendo. The differences between the games were not major and so the workload was not much bigger than it would be if only one game was made. People who were going to buy the game would likely only get one, but theres the case of collectors or just big fans wanting both, meaning a bit extra profit. The only caveat i can think of is printing cost, but they might've just printed what they were going to and split it evenly between the games.
>>
>>1370143
Minor differences but it was essential to have both vesions for 100% completion, thereby driving the social aspect Nintendo were trying to encourage. I'll bet it drove hardware sales too, e.g. instead of sharing a gameboy with a sibling you now want one each so you can play together.
>>
>>1370143
>>1370151

Because in order to catch all 150 Pokemon, you needed both games you dumb fucking normies.

File: 1451474280769.png (105 KB, 512x512) Image search: [iqdb] [SauceNao] [Google]
1451474280769.png
105 KB,
Are there any online jobs that I could make a livable wage doing if I were to, say, devote eight hours of my day to it like I standard job?
15 replies and 1 images submitted. Click here to view.
>>
g4p
>>
>>1370246
Can confirm. Especially if you have a black guy willing to mix it up every way possible.
>>
>>1370246
Doubt I could be gay for eight hours Mon - Fri. Anything else?

File: Fruits-and-Vegetables.jpg (55 KB, 650x366) Image search: [iqdb] [SauceNao] [Google]
Fruits-and-Vegetables.jpg
55 KB,
Interview for a Grocery store job in a few days. Any suggestions to really stand out and kickass?
28 replies and 2 images submitted. Click here to view.
>>
Look as poor as possible, like you really need the job.
>>
>>1370044
>Look as poor as possible, like you really need the job.

I think that's a bad idea. isn't being needy off-putting, at a minimum of a subconcious level?
>>
>>1370040
Brush up on some of their top merchandise so that you can sound informed. Make sure to be able to tell them about the latest line of products coming from Hot Pockets and Mountain Dew

Told you to buy Nintendo before Pokemon Go
11 replies and 1 images submitted. Click here to view.
>>
>>1370003
Well you were right but imagine if you were wrong? It could have been a flop and still might be a flop. I played it and honestly its not even a pokemon game. You mostly go around and throw balls at pictures of pokemon. The series was about strategy and this is a super casual game which cant be possibly interesting for very long. The game element is too small. Wait until the hype is over and lets talk about nintendo stock in 3 months.
>>
>>1370003

If you can afford to buy in Nintendo I don't think it's a bad option in the long haul. Potential to make a lot of money if the NX does well.
>>
>>1370045
that's a pretty huge if

File: assop.jpg (22 KB, 718x409) Image search: [iqdb] [SauceNao] [Google]
assop.jpg
22 KB,
Is anything in the health field that you can achieve with a 2 year degree going to be obsolete soon with the way Medicare is going? For example,
>PTA's
Medicare doesnt want to pay them when they can just have a regular PT do it.
>OTA's
Pretty much the same thing

I dont even know whatelse. But what is recession-proof in the health field? Personal trainer? I just want to be able to do something that has a positive impact on somebody's life that I can pass in school without having to take...
Comment too long. Click here to view the full text.
7 replies and 1 images submitted. Click here to view.
>>
>>1369938
bump
>>
>>1369938

Well women take up all the 'assistant' jobs and RNs. Paramedics are jobs EVERYONE fights for.

Healthcare is a big ass field but unless you're a doctor, you're going to top out pretty quick.
>>
You can get an associates in electrical engineering and make bank working on hospital equipment like x-rays, MRI's and all the other shit.

File: 1467402710348.jpg (124 KB, 479x640) Image search: [iqdb] [SauceNao] [Google]
1467402710348.jpg
124 KB,
Hello /biz/,

How can I use $1000 I have to earn more money?

All ideas welcome.
13 replies and 2 images submitted. Click here to view.
>>
>>1369925
a) Buy some hashing power
b) buy a good GPU
c) buy OIL
d) buy Gold
>>
https://yobit.net/en/trade/PUTIN/BTC

1.5 bitcoins is enough to buy a bunch of 100k+ coins of your choosing and hold them when they go to the moon.
>>
>>1369925
>kys
>???
>Profit!!

Can anyone explain to me why buying makes more sense than leasing? Everyone says "because you own the car", except by the time you have paid the car off, it's usually worthless and worth only a fraction of it's private party resale value as a trade-in. What exactly am I missing here..? Or is the buying > leasing thing just a meme?
20 replies and 1 images submitted. Click here to view.
>>
Pay cash for a used car with 60k miles and sell 10 months later for more or less what you paid for.
Repeat.
>>
>>1369879
This, and don't crash it for fucks sakes don't crash it! Also, if you're in a rich arab country and happen to know a few rich family's like myself, you might be able get a bargain of one of em getting rid of one of their many super cars. I got offered a 458 Italia for like 85k
>>
>>1369879
>Assuming no repairs/maintenance
>Assuming anyone will want the car
>Assuming no value of time investment to churn through vehicles like this

File: Teesdale.png (130 KB, 360x270) Image search: [iqdb] [SauceNao] [Google]
Teesdale.png
130 KB,
I've just inherited £200,000. A wealthy aunt passed away and left me and my mum and sister her money.
I have no idea what to do with it. I want to invest it for my wife and kids, but honestly have no idea what to do with it.
I've always been quite poor. Shopping for clothes at 2nd hand shops and sometimes going hungry so my kids are always fed.

I'm a farmer. My wife is a police officer. So we don't earn a good amount. It's enough to live. I grow wheat and farm sheep for wool.

I seek advice. What should I invest in? I have no clue....
Comment too long. Click here to view the full text.
17 replies and 2 images submitted. Click here to view.
>>
I'm about to inherit 250k. My plan is:

25% VTSMX
26% VYM
24% VGTSX
17% VBMFX
8% VTIBX

Feel free to do research, but those four will give you a nice diversity of Nation/international and stock/bond.

Whatever you do, don't let the shitheads here convince you to put it into garbage like Etherium.
>>
I'd Suggest buying a property near you and renting it out. One which you could buy, and do a bit of work to to increase its value and rental income would work well. Best of luck, from a fellow farmer!
>>
>>1369800
>grow wheat and farm sheep for wool
That can't get you much at all. Perhaps you could use this money to diversify your farm away from these and grow cash crops too?

If you'd rather not bother with that, why not just invest the money in a FTSE tracker fund on hl.co.uk or on fundingcircle.com? The tracker fund will vary in price but give you about 3-4% return per year in dividends. Fundingcircle involved lending money to small and medium sized business. I'm returning...
Comment too long. Click here to view the full text.

File: bitcoin.png (248 KB, 620x350) Image search: [iqdb] [SauceNao] [Google]
bitcoin.png
248 KB,
LOOK ANOTHER BITCOIN THREAD!!

Serious question though. Is investing in bitcoin and I mean serious investing like over $15000 not profitable. Even if electricty was a non issue? My family owns a farm and we run on natural gas generators. I have done the math with our specific generator and looking at our monthly bill and 10 therms = 1 million btus. our generator is 200 amp with 20 kw 208-240 v

if I were to purchase 16 s7 miners they would they would run the generator at near 100% which is 308000 btus which = 3 therms. A therm costs $.05 so basicaly would be paying $.15 an hour to run these machines rather than $2.58 an hour on electricity. According to bitcoin calculators and adjusting with 7% increase in difficulty monthly i would be making well over $3500 a month

WHAT AM I DOING WRONG. IS THIS A GOLDMINE THAT I SHOULD TAKE THE OPPORTUNITY TO TAKE?
16 replies and 1 images submitted. Click here to view.
>>
>>1369786
>IS THIS A GOLDMINE THAT I SHOULD TAKE THE OPPORTUNITY TO TAKE?
simple answer is no
>>
>>1369814
why not? seriously? everybody on this site shuts down anyone starting a bitcoin farm simply on the basis of "power costs will put you negatives". Well I have a natural gas generator not being used and it costs nothing when compared to electricity.
>>
>mining payout literally cuts in half tomorrow
>guise should i mine?

lol faggot

but if your electricity is really cheap it might be worth it


Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] [129] [130] [131] [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] [151] [152] [153] [154] [155] [156] [157] [158] [159] [160] [161] [162] [163] [164] [165] [166] [167] [168] [169] [170] [171] [172] [173] [174] [175] [176] [177] [178] [179] [180] [181] [182] [183] [184] [185] [186] [187] [188] [189] [190] [191] [192] [193] [194] [195] [196] [197] [198] [199] [200] [201] [202] [203] [204] [205] [206] [207] [208] [209] [210] [211] [212] [213] [214] [215] [216] [217] [218] [219] [220] [221] [222] [223] [224] [225] [226] [227] [228] [229] [230] [231] [232] [233] [234] [235] [236] [237] [238] [239] [240] [241] [242] [243] [244] [245] [246] [247] [248] [249] [250] [251] [252] [253] [254] [255] [256] [257] [258] [259] [260] [261] [262] [263] [264] [265] [266] [267] [268] [269] [270] [271] [272] [273] [274] [275] [276] [277] [278] [279] [280] [281] [282] [283] [284] [285] [286] [287] [288] [289] [290] [291] [292] [293] [294] [295] [296] [297] [298] [299] [300] [301] [302] [303] [304] [305] [306] [307] [308] [309] [310] [311] [312] [313] [314] [315] [316] [317] [318] [319] [320] [321] [322] [323] [324] [325] [326] [327] [328] [329] [330] [331] [332] [333] [334] [335] [336] [337] [338] [339] [340] [341] [342] [343] [344] [345] [346] [347] [348] [349] [350] [351] [352] [353] [354] [355] [356] [357] [358] [359] [360] [361] [362] [363] [364] [365] [366] [367] [368] [369] [370] [371] [372] [373] [374] [375] [376] [377] [378] [379] [380] [381] [382] [383] [384] [385] [386] [387] [388] [389] [390] [391] [392] [393] [394] [395] [396] [397] [398] [399] [400] [401] [402] [403] [404] [405] [406] [407] [408] [409] [410] [411] [412] [413] [414] [415] [416] [417] [418] [419] [420] [421] [422] [423] [424] [425] [426] [427] [428] [429] [430] [431] [432] [433] [434] [435] [436] [437] [438] [439] [440] [441] [442] [443] [444] [445] [446] [447] [448] [449] [450] [451] [452] [453] [454] [455] [456] [457] [458] [459] [460] [461] [462] [463] [464] [465] [466] [467] [468] [469] [470] [471] [472] [473] [474] [475] [476] [477] [478] [479] [480] [481] [482] [483] [484] [485] [486] [487] [488] [489] [490] [491] [492] [493] [494] [495] [496] [497] [498] [499] [500] [501] [502] [503] [504] [505] [506] [507] [508] [509] [510] [511] [512] [513] [514] [515] [516] [517] [518] [519] [520] [521] [522] [523] [524] [525] [526] [527] [528] [529] [530] [531] [532] [533] [534] [535] [536] [537] [538] [539] [540] [541] [542] [543] [544] [545] [546] [547] [548] [549] [550] [551] [552] [553] [554] [555] [556] [557] [558] [559] [560] [561] [562] [563] [564] [565] [566] [567] [568] [569] [570] [571] [572] [573] [574] [575] [576] [577] [578] [579] [580] [581] [582] [583] [584] [585] [586] [587] [588] [589] [590] [591] [592] [593] [594] [595] [596] [597] [598] [599] [600] [601] [602] [603] [604] [605] [606] [607] [608] [609] [610] [611] [612] [613] [614] [615] [616] [617] [618] [619] [620] [621] [622] [623] [624] [625] [626] [627] [628] [629] [630] [631] [632] [633] [634] [635] [636] [637] [638] [639] [640] [641] [642] [643] [644] [645] [646] [647] [648] [649] [650] [651] [652] [653] [654] [655] [656] [657] [658] [659] [660] [661] [662] [663] [664] [665] [666] [667] [668] [669] [670] [671] [672] [673] [674] [675] [676] [677] [678] [679] [680] [681] [682] [683] [684] [685] [686] [687] [688] [689] [690] [691] [692] [693] [694] [695] [696] [697] [698] [699] [700] [701] [702] [703] [704] [705] [706] [707] [708] [709] [710] [711] [712] [713] [714] [715] [716] [717] [718] [719] [720] [721] [722] [723] [724] [725] [726] [727] [728] [729] [730] [731] [732] [733] [734] [735] [736] [737] [738] [739] [740] [741] [742] [743] [744] [745] [746] [747] [748] [749] [750] [751] [752] [753] [754] [755] [756] [757] [758] [759] [760] [761] [762] [763] [764] [765] [766]
Pages: [1] [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] [21] [22] [23] [24] [25] [26] [27] [28] [29] [30] [31] [32] [33] [34] [35] [36] [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54] [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] [65] [66] [67] [68] [69] [70] [71] [72] [73] [74] [75] [76] [77] [78] [79] [80] [81] [82] [83] [84] [85] [86] [87] [88] [89] [90] [91] [92] [93] [94] [95] [96] [97] [98] [99] [100] [101] [102] [103] [104] [105] [106] [107] [108] [109] [110] [111] [112] [113] [114] [115] [116] [117] [118] [119] [120] [121] [122] [123] [124] [125] [126] [127] [128] [129] [130] [131] [132] [133] [134] [135] [136] [137] [138] [139] [140] [141] [142] [143] [144] [145] [146] [147] [148] [149] [150] [151] [152] [153] [154] [155] [156] [157] [158] [159] [160] [161] [162] [163] [164] [165] [166] [167] [168] [169] [170] [171] [172] [173] [174] [175] [176] [177] [178] [179] [180] [181] [182] [183] [184] [185] [186] [187] [188] [189] [190] [191] [192] [193] [194] [195] [196] [197] [198] [199] [200] [201] [202] [203] [204] [205] [206] [207] [208] [209] [210] [211] [212] [213] [214] [215] [216] [217] [218] [219] [220] [221] [222] [223] [224] [225] [226] [227] [228] [229] [230] [231] [232] [233] [234] [235] [236] [237] [238] [239] [240] [241] [242] [243] [244] [245] [246] [247] [248] [249] [250] [251] [252] [253] [254] [255] [256] [257] [258] [259] [260] [261] [262] [263] [264] [265] [266] [267] [268] [269] [270] [271] [272] [273] [274] [275] [276] [277] [278] [279] [280] [281] [282] [283] [284] [285] [286] [287] [288] [289] [290] [291] [292] [293] [294] [295] [296] [297] [298] [299] [300] [301] [302] [303] [304] [305] [306] [307] [308] [309] [310] [311] [312] [313] [314] [315] [316] [317] [318] [319] [320] [321] [322] [323] [324] [325] [326] [327] [328] [329] [330] [331] [332] [333] [334] [335] [336] [337] [338] [339] [340] [341] [342] [343] [344] [345] [346] [347] [348] [349] [350] [351] [352] [353] [354] [355] [356] [357] [358] [359] [360] [361] [362] [363] [364] [365] [366] [367] [368] [369] [370] [371] [372] [373] [374] [375] [376] [377] [378] [379] [380] [381] [382] [383] [384] [385] [386] [387] [388] [389] [390] [391] [392] [393] [394] [395] [396] [397] [398] [399] [400] [401] [402] [403] [404] [405] [406] [407] [408] [409] [410] [411] [412] [413] [414] [415] [416] [417] [418] [419] [420] [421] [422] [423] [424] [425] [426] [427] [428] [429] [430] [431] [432] [433] [434] [435] [436] [437] [438] [439] [440] [441] [442] [443] [444] [445] [446] [447] [448] [449] [450] [451] [452] [453] [454] [455] [456] [457] [458] [459] [460] [461] [462] [463] [464] [465] [466] [467] [468] [469] [470] [471] [472] [473] [474] [475] [476] [477] [478] [479] [480] [481] [482] [483] [484] [485] [486] [487] [488] [489] [490] [491] [492] [493] [494] [495] [496] [497] [498] [499] [500] [501] [502] [503] [504] [505] [506] [507] [508] [509] [510] [511] [512] [513] [514] [515] [516] [517] [518] [519] [520] [521] [522] [523] [524] [525] [526] [527] [528] [529] [530] [531] [532] [533] [534] [535] [536] [537] [538] [539] [540] [541] [542] [543] [544] [545] [546] [547] [548] [549] [550] [551] [552] [553] [554] [555] [556] [557] [558] [559] [560] [561] [562] [563] [564] [565] [566] [567] [568] [569] [570] [571] [572] [573] [574] [575] [576] [577] [578] [579] [580] [581] [582] [583] [584] [585] [586] [587] [588] [589] [590] [591] [592] [593] [594] [595] [596] [597] [598] [599] [600] [601] [602] [603] [604] [605] [606] [607] [608] [609] [610] [611] [612] [613] [614] [615] [616] [617] [618] [619] [620] [621] [622] [623] [624] [625] [626] [627] [628] [629] [630] [631] [632] [633] [634] [635] [636] [637] [638] [639] [640] [641] [642] [643] [644] [645] [646] [647] [648] [649] [650] [651] [652] [653] [654] [655] [656] [657] [658] [659] [660] [661] [662] [663] [664] [665] [666] [667] [668] [669] [670] [671] [672] [673] [674] [675] [676] [677] [678] [679] [680] [681] [682] [683] [684] [685] [686] [687] [688] [689] [690] [691] [692] [693] [694] [695] [696] [697] [698] [699] [700] [701] [702] [703] [704] [705] [706] [707] [708] [709] [710] [711] [712] [713] [714] [715] [716] [717] [718] [719] [720] [721] [722] [723] [724] [725] [726] [727] [728] [729] [730] [731] [732] [733] [734] [735] [736] [737] [738] [739] [740] [741] [742] [743] [744] [745] [746] [747] [748] [749] [750] [751] [752] [753] [754] [755] [756] [757] [758] [759] [760] [761] [762] [763] [764] [765] [766]

[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Home]
[Boards: 3 / a / aco / adv / an / asp / b / biz / c / cgl / ck / cm / co / d / diy / e / fa / fit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mu / n / news / o / out / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / t / tg / toy / trash / trv / tv / u / v / vg / vip /vp / vr / w / wg / wsg / wsr / x / y] [Home]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from them. If you need IP information for a Poster - you need to contact them. This website shows only archived content.
If a post contains personal/copyrighted/illegal content you can contact me at wtabusse@gmail.com with that post and thread number and it will be removed as soon as possible.