Saturday, February 10, 2018

My Mining Farm

I'm setting up a mining operation for mining Monero. That's a crypto currency that stresses privacy.
I've got 4 laptops mining now. They're too slow to really make much money; so I bought some old desktops that I can add graphics card to. 
Right now I'm waiting for the cards and memory modules from Ebay. Most of the parts are coming from Asia so it will be a while before I can really get things rolling. I hope I can get them producing at a much better rate than it's going now. It's taking me several months to get $10 worth of coins.
On a similar note, I sent off some money to a guy named Troy who has a YouTube site called "The Do It yourself world". I'm going to share his production on a higher end mining rig. I should be able to make $40/month.
I'm afraid that I've been spending too much time and money on crypto mining and not enough on getting my etchings sold on Ebay. I got one of the etchings back from Tim and I need to take a few pictures and put it up on Ebay.
If anybody wants a nice etching for a man cave you'll be able to find my etching by looking for "Malcolm Childers" on Ebay. The etching I'll be trying to sell is a drawing of an old gold mine.
I can't remember the name of it but my Ebay name is Johnhan752 and I'm from Decorah, Iowa.
I'll put a picture of it here.

If you would like to buy it for crypto, I would sell it for $500 worth of Monero or Lite coin or even Bitcoin although I don't like to sell in Bitcoin because of the transaction cost. I'll pay the shipping in the U.S. Overseas cost a lot more but we could talk about it. Ebay doesn't take crypto yet so if you are interested in buying it for crypto just leave a comment. 
Later

A Couple of Things I could do for more Crypto-money.

A couple off things I could do for more money include getting serious about selling my etchings and getting more serious about crypto-mining.
As far as selling my etchings, I need to get them back from the Game Exchange. I had them list them on Ebay for me but they didn't move. I did sell 2 or 3 of the cheaper ones there but I need the money now.
The first thing I'll do is to take one home and list it on Ebay at a much lower price than I've had it there before.
After that I'll take it out of the frame and see if having it framed was slowing down my sales. Another thing I'll do is to stress that I've got a certificate of authenticity. Good prices and a compelling add might move them.
It's not snowing again so I'm not making serious money, shoveling snow, and I need the money for expenses.
Another thing I'll do is to find some old desktop computers to mine crypto currencies with. I'll go to Goodwill and maybe I'll run an add on the internet asking to be given old computers.
My laptops are too slow and it's not worth mining with them. Maybe I could run an add asking to swap old desktop computers for my laptops.
That's all for now.
Later

Monday, February 5, 2018

I Needed an Excuse to not Shovel Snow.

I guess I'll just blog a bit.
Some things are happening.
First, it's starting to snow in a normal pattern for this time of year. Snowfall has been very sparse this year. I need it to snow a lot to make the money I usually make at this time of year.
It's coming and I'm getting rather tired (physically). I'm just grateful that I can take frequent breaks and surf the net a bit. I'm seventy years old so I don't push myself too much.
On other news, I'm mining Monero with desk top computers. I bought a bunch of them from a place called The Game Exchange. I worked with them to sell my etchings on the internet.
That reminds me, I got one of the etchings back and I'm going to market them myself.
The first thing I'll do is to lower the price and if that doesn't work within a week; I'll take it out of the frame. It might be that people would prefer to frame it themselves. And I can ship it cheaper in a shipping tube.
My coffee got cold so I chugged it; maybe it's time to go out and finish the shoveling. It's 7:30; I think I'll finish a couple of places so I don't have to get up at 5:00 and shovel it then. It's a plan.
So long.
Later.

P.S.
I needed to comment on the stock market move in the last couple of days.
I think it's good that the market moved down so much because the money the market is losing seems to be shoring up the dollar. I think a dollar collapse would be terrible; so maybe it's a good thing that this is happening. We'll see.

Tuesday, January 23, 2018

Should I go back to Trading Options?

Someone asked me today if there were options on Bitcoins.
I did a little research and found that the new futures contracts on Bitcoins offer options as well. I'm  terrified of trading Bitcoins with futures since there is no end to how much you can lose; but options limit the downside risk to simply what you had to put up in the first place.
Of course, I would never write an option but I would only buy one. I like that because, maybe, I could put up a few hundred dollars and make thousands while only risking the few hundred.
I feel that Bitcoins can only go up now and I would only take the long positions.
I might be able to get my old account working in Preston so I might already have a place to trade. We'll see.
I made some progress towards getting my etchings on Ebay. I went to the Game Exchange today. Tim wasn't there because he's trying to help his wife with her cancer. I think they are at the Mayo Clinic in Rochester. He'll be back on Friday so I'll see him then.
Crypto currencies were fluctuating wildly, today. Overnight they went down by 20% or so. By the end of the day they made up their losses. I just have to hold on for dear life; or HODL as they say in the crypto world. Tonight they are down a bit. I've got to quit watching them so closely.
There was some snow this morning so I made a little money.
I'm watching the price of the dollar, lately. It plummeted today. It's been going down for at least a couple of weeks, now. I'll have to check the charts to see how long it's been going down. The symbol is DXY. I like the charts on CNBC.com.
I think I'll go back to watching my negative YouTube channels.
Later.