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10561  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: March 25, 2021, 12:33:06 PM
yeah I did.

I don't know for sure. What is the cpu?

I know any mobos that uses celeron g3900 or newer should work.  The oldest cpus I have now are the g3900 they work with 3000

series.

I even have some mobos that use ddr3 ram with celeron g3900 they are fine. if you keep them all the same.

3060ti up to 4 tested and work
3070ti up to 3 tested and work
3080   up to 3 tested and work on the 6 slot onda clones

If I could cool them I think they would do more.

I also have a buddy with some 12 slot boards running 11x 3070's with g3900 cpu and 1600 speed ddr3 ram


at btcshiner best buy has been outstanding to buy the seasonic 850 and 1000 watt units.

Celeron G3900 is a 6 gen cpu and it goes into s1151 motherboards which are using DDR4 memory

it supports ddr3
Quote

And you can get away with plain ddr3 with no L some  ddr3 ram will work .




I have many mobos with ddr3 no L using g3900
some use sodimm only 1 stick

some use dimm 1 or 2 sticks.



on a lighter note newegg shuffle was a big fuck you.

Cards are next to impossible to get.

some signs of a peak in hashrate maybe no one even big farms are having issues with chips

https://etherscan.io/chart/hashrate
463,782.8908 GH/s was recorded on Saturday, March 20, 2021

we dropped down from that to 456,000+ on march 24

lastly priced dropped yesterday 1569 a coin and viabtc is down to 8.56 cents

also btc dropped to 50K
10562  Economy / Speculation / Re: Hypothesis - bitcoin price is directly related to electricity consumption on: March 25, 2021, 02:49:21 AM
Profitability of individual machines doesn't really matter in this argument as it is generalising across the whole estate and estimating electricity consumption in the round from miners total income.  See also here - https://www.cell.com/joule/fulltext/S2542-4351(21)00083-0 - which makes a similar argument: " in the long run, the share of electricity costs in the total costs of mining is around 60%".  If miners have more efficient machines that use less electricity for a given return they will simply buy more of them, because they can afford to.

Ok, from the start, this one I don't get it, I don't understand a thing from it so going over it.

Now here I disagree, except for the fact (as I have said) that there is clearly a lag between changing price and changes to the network.  If miners do not have the income support their expenses they will not (except for relatively short periods of time) continue to spend money on electricity.

They will continue to spend as long as it's profitable and that's why I was telling you at current prices there aren't miners who will drop out even if the reward goes to half with a price drop, the profits margin are so big right now you will not see a drop in hashrate on this alone. To have a better look you need to look at the hashrate before the jump with a nearly constant average price between around 10k and extrapolate from there the impact. Right now this one is supported even at 25k per BTC.


The index assumes that miners will spend 60% of their revenues on operational costs on average in equilibrium.
But then goes on to give an estimate of 22.21% of their income being spent on electricity, without explaining why they haven't used their own assumption.  They are certainly a bit vague about how they actually perform the calculation.

Pretty easy:
The 60% in that calculation is at a maximum optimal cost for them to run a profit at any time.
The 22.1% is the current number, which is explained by the huge jump in profitability, showing just how much is left there to grow.

Think of it as shale oil profitability, the required level is (assumption here) 50$, the price is currently $65.

For the rest, I pretty much agree with the assumptions or arguments over a 50% percent so ending the debate on those.

All have ignored the lowest power used to get a BTC is using the linzhi eth miner.

philipma1957, I was going from the start to say, let's first look at the rewards per day, as from my assumption those in ETH were too low to matter and then I got a shock, what the***
ETH $43,251,190.53 USD
BTC $53,335,447.97 USD
wow, just wow
If this is really happening then it's going to suppress the ETH price on the ETH/BTC pair worse than any event out there.
Didn't see this one, and never imagined it to be possible, not even counting it as a factor.





I have been writing  about this over and over and over and over. I wrote 3 or four long explanations.

Hey to me all pow coins translate as watts to $$ = Satoshi's idea not mine.

So a 3300 watt eth makes 270 a day
and a 3300 watt btc asic makes 38 a day

what do I build if I am bitmain.

 I can build ETH Asics I have built them before.
I can build  BTC Asics I built them before.


the hashrate numbers are accurate. It is obvious bitmain is mining eth like mad.  Plus they dump it and switch to cash and BTC

Lowers eth price raise btc price. pretty much a no brainer and I think it is legal. I can't see a crime in it.  ( eth shorts on an exchange maybe)
And why do the shorts they could lose.  What I am saying can't lose.

Frankly if they are not doing it they should start and send me about 10 btc for the idea.
10563  Alternate cryptocurrencies / Mining (Altcoins) / Re: Miners show 231 blocks found. Litecoinpool shows 2 blocks found. What gives? on: March 25, 2021, 01:34:52 AM
I have 9gh of ltc3 miners. they earn .2 ltc a day.

or 1 ltc in five days
or 6 ltc  in 30 days

and 9 ltc in 46 days.

your gear is about 1.5 gh.

so it should earn 1 ltc in 30 days.

and 1.6 ltc in 46 days.

You may not have earned 132 blocks in 46 days.

the math is next to impossible to be so.

mikeywith most likely has explained what has happened to you.
10564  Alternate cryptocurrencies / Mining (Altcoins) / Re: Miners show 231 blocks found. Litecoinpool shows 2 blocks found. What gives? on: March 25, 2021, 01:27:27 AM
I have 3 antminer L3+'s running 2 were up for 46 days with 1 show 132 blocks found another showing 96 blocks found and the third only up for 8 days show 3 blocks found. Litecoinpool.org only shows that I have found 2 blocks.
Does anyone know what is going on here?

I want mention this is btc section not ltc.
10565  Bitcoin / Mining speculation / Re: WiseMining company introduced a boiler based on ASIC miners on: March 25, 2021, 12:50:42 AM
would be better as an outdoor swimming 🏊‍♀️ pool heater.

in fact. if you run a hose from it into the pool and pump the water 💧 out of the pool back into the heater.

just saying if its fake selling it as a pool heater was a better idea.
10566  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2021, 11:41:03 PM
Actually, I was thinking about who Musk might be in the WO, and surely proudhon would be a decent candidate.

The general tone is in the right place, but does account age check out?

Several years ago proudhon had the highest or second highest post count on the forum. In a time where Musk was likely working on building a rocket ship and electric car business so I doubt it is him.

it could be him and an assistant or two. many execs delegate  some of the paperwork.
10567  Economy / Economics / Re: Miners Hodling Rates Increases. on: March 24, 2021, 11:25:24 PM
Is it a good sign for bitcoiners? Or we should get ready for a massive dumb incoming?
Miners might be holding for the short-term, hoping bitcoin keeps achieving new all-time highs, but I can't imagine that they're going to hold their mined BTC for the long-term.  Not that I have expertise in mining operations, but I'm assuming the costs involved in running a huge mining farm have to be paid for with fiat currency (like the electricity bill for example).  They're going to have to sell eventually.

It's in the miners' interest not to crash the market, so I would think that the bigger mining operations would consider how to sell large amounts of bitcoin without moving the market--e.g., not dumping a ton of it onto the market all at once.  But who knows?  I think it's smart for them to hold what they can, as this bull market still has some powerful legs, but miners aren't in the business of speculating on bitcoin's price.

If they are multi coin mining like I do and believe in BTC. They hodl the BTC and sell the other coin.

I mine

BTC I hodl all of it.
LTC I hodl most of it
Doge I sold a lot at 6 cents now hodl it.

eth I dump 95% of it as it has real issue if its leader fall dead  tommorow.

Many miners do what I do.  So I don't see this at all like the op suggests.

He also needs to understand even if you are all btc coins were 29k Jan 1 they are now 52K.

If you were 100% into btc and cleared 2k of 29k selling off 27k for bills

you now clear 20k of 52k. selling off 32k for bills if you added some hash.

So it is easier to hodl.
10568  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: March 24, 2021, 08:35:41 PM
yeah I did.

I don't know for sure. What is the cpu?

I know any mobos that uses celeron g3900 or newer should work.  The oldest cpus I have now are the g3900 they work with 3000

series.

I even have some mobos that use ddr3 ram with celeron g3900 they are fine. if you keep them all the same.

3060ti up to 4 tested and work
3070ti up to 3 tested and work
3080   up to 3 tested and work on the 6 slot onda clones

If I could cool them I think they would do more.

I also have a buddy with some 12 slot boards running 11x 3070's with g3900 cpu and 1600 speed ddr3 ram


at btcshiner best buy has been outstanding to buy the seasonic 850 and 1000 watt units.
10569  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: March 24, 2021, 08:01:05 PM
So My winning shuffle  asus strix 6700 xt from the 18th of march showed up today.

Can't change any setting to it on windows 10 so it is doing 153 watts and 43mh.

I will switch it to smos in a few days.

I tried asus tweak  = fuck you phil
I tried after burner = fuck you phil

Still turns profit for now.

I will post back on it later.

Oh gpu-z say bus is 192 not 256 so it is going to be a 47-51 mh card at 130 watts eventually.

I really would like to get the white asus strix 3090 card today.

What is coming next to the house.

an rma  power color 5700 50mh

the arock rma arrived new  sealed retail box does 26mh

sent both the ASRock and the power color out the same day.  no sign of the power color and what is more annoying is the power color was not  on a mining rig. Just worked on my thread ripper rig which does not mine with the GPU.

So I am due

1 amd 5700 xt
1 nvidia 3070 on back order
1 mini sha mining node


10570  Economy / Speculation / Re: Hypothesis - bitcoin price is directly related to electricity consumption on: March 24, 2021, 06:07:30 PM
All have ignored the lowest power used to get a BTC is using the linzhi eth miner.

it burns 3300 watts and earns 250-270 usd worth of eth.

the s19pro burns 3300 watts and earns 40 usd worth of btc.

So how many asdic eth miners are going on line to mine eth and auto convert to btc.

Answer bigly amount.

Jan 1        280,000 gh
March 23  440,000 gh

so 160,000 gh is now burning power added since Jan 1

We know some are gpus and some are asics but all this power has been added in under 90 days. Since jan 1.

Bitmain has added 2 new huge cloud mining setups.

And power is shifted to eth since 270 usd in coin vs 40 usd in coin for same 3300 watts of power.

do the math it is a lot of power.

160,000 gh is 1.6 million 3080 gpus or 255 x 24 = 6 kwatts a day for each card which is

10 million kwatts a day. The op and all posters ignore this power added.

that is about all the power needed daily to run NYC



Note all numbers above are rough estimates.

more exact below

https://etherscan.io/chart/hashrate


Dec 31 2020        293,000 gh

March 23 2021    458,000 gh

so 165,000 gh or 1.65 million nvidia 3080's or 61,111 linzhi asdic eth machines using 3300 watts

that linzhi number is important. lets see it is pretty much equal to 1 bitmain s19pro

lets figure how many 's19pros' were added from jan1 to march 23



https://www.blockchain.com/charts/hash-rate

dec 31 2020  142 eh

march 22 2021 160 eh   this is 18 eh increase lets say all s19pros

1 = 110th
10 = 1.1 ph
100 = 11ph
1000 = 110ph
10000 = 1.1eh
100000 = 11eh

165000 = 18eh

since both use 3300 watts the 165,000 for BTC to 61111 for ETH  would mean 165/61 ratio of power added in favor of the BTC network.

but 165 x 40 = 6600   vs    61 x 270 = 16470

 so for earning power per watt  BTC is getting crushed vs ETH.

If you are bitmain and can make 6gb eth miners (you know they can) they can do them cheaply

and the facts show 61,111 x 3300 watts at a minimum were added to eth mining all of this thread is incomplete with this being mentioned.

It is like not mentioning the sheep slaughter house also sells the fleece  and the fleece is worth 40% of the profits.

or that a beef slaughter house sells million worth of hides allong with the meat.
10571  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: March 24, 2021, 04:59:44 PM
Anybody got any idea how much I can get for a couple of nvidia MSI 1070 Aero? These cards are giving me the lowest mh/s and thought might as well try to sell them asap and get the newest gpus. I checked ebay and the few selling are about 450-500 bucks and most from japan. I never pushed them too hard and all are taken care for, but they're out of warranty.  Thanks.

My logic would be try selling here in the marketplace.  Offer escrow (hint use me).

Offer lower than these on ebay.  these are the lowest usa buy it now.  say 425-450


https://www.ebay.com/itm/ASUS-GeForce-GTX-1070-OC-8GB-GDDR5-Graphics-Card-DUALGTX1070O8G/353429316136?

https://www.ebay.com/itm/GIGABYTE-NVIDIA-GeForce-GTX-1070-8-GB-GDDR5-Graphics-Card-ONE-BROKEN-FAN/353427708737?


https://www.ebay.com/itm/ZOTAC-GeForce-GTX-1070-Mini-8GB-GDDR5-Graphics-Card-ZT-P10700G-10M/324530526345?

https://www.ebay.com/itm/EVGA-GeForce-GTX-1070-SC2-GAMING/274731804452?


If you sell on ebay 10% goes to ebay
If you sell here and use me I charge 2%


A 450 card gets you 405 on ebay
Listed at 350 here you clear 343  with no fears of a 2 month or 3 month claw back.

I always beat the best ebay prices by 15-20% when I sell here in the marketplace.
You also do not worry about claw back 2, 3, 4 months later.  The buyer gets the cards has a day to test and I release the funds to the seller.
If you are a usa seller $325-350 and free shipping at the marketplace is reasonable.

https://bitcointalk.org/index.php?board=75.0


if the cards do 20mh they make 2 a day and in 175 days they are paid off. It is basically all profit for you.  

You can do the Newegg Shuffle and maybe get lucky.

https://www.newegg.com/product-shuffle

If you sell on ebay just under cut the lowest seller by 5 bucks to 10 bucks.


Newegg Shuffle is up.

Some asus top of the line cards

3090 strix black or white models
3090 tuf
3060 tuf

https://www.newegg.com/product-shuffle

I picked the 2 strix
Wish me luck
10572  Alternate cryptocurrencies / Mining (Altcoins) / Re: Will I MELT my Asrock H110 motherboard? Electrical advice needed. on: March 24, 2021, 04:03:39 AM
Some advice do 1 card.
Attach the molex to the board.
Add a card at a time.
Much safer as cards cost big bucks.
10573  Economy / Speculation / Re: Don’t Panic IV on: March 24, 2021, 12:28:39 AM
in this year I still really care about what happened in 2017-2018, bitcoin prices rose more than 1000% and fell more than 1000% in 2018-2020,
and currently it is recovering and up 500% from low prices, of course this makes I am more careful in my steps,
because being greedy will be able to make mistakes like in 2018, panic is fine, but don't regret it if you sell it.

jan.     2017   1000
dec     2017 20000
march 2020   3900
march 2021 62000

so 20 to 1 jump to a 5.2 to 1 drop


if we match this we go to

78k
drop to 16-17k

10574  Alternate cryptocurrencies / Mining (Altcoins) / Re: SMOS Down? on: March 23, 2021, 10:29:55 PM
yeah working for me.
10575  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Review]: Linzhi Phoenix - 2700 MH/s Ethash asic miner on: March 23, 2021, 08:48:50 PM
Okay it is not going to be sold. It has a fatal flaw. The ram is 4.7 so when the dag grows to 4.7 this gear is dead. At the moment I think the dag is 4.15 so this gear will die in under 💯 days.

They will simply mine it til it dies.

I agree.  If they do try to dump them now, it's just going to give themselves a bad name for selling a miner that becomes useless after 100 days. Even if they do price it accordingly what happens if you get a bad one or one that gets damaged in shipping?  The RMA process would kill any chance of breaking even.  It's not worth it for the seller or the buyer at this point in my eyes.

The main farm has mined 1315 eth

https://eth.crazypool.org/#/account/0xef1d6c35a3877ec20a72fe3a2df79cdbaee39148

this is over 2.2 million

They can make another 2.2 million before it turns bad.
10576  Alternate cryptocurrencies / Mining (Altcoins) / Re: SMOS Down? on: March 23, 2021, 08:42:03 PM
I can’t access it. Anyone else having issues?

my pool stats show it is hashing but I am not able to sign in to

 simple mining . net
10577  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: March 23, 2021, 05:16:25 PM
So After trying for 6 months to get a Nvidia gpu from Best Buy I finally snagged one on March 12th a PNY 3090 for 1900 usd minus a gift card of 100 so 1800 bucks.  With all taxes and shipping counted in.  I was supposed to get it on Sat the 20th go to my local store in Brick NJ.

 Guess what fuck you Phil we cancelled it.




We're working on getting your item(s) to you.
View:  Web
 BEST BUY    GEEK SQUAD
 
Philip, there's a delay with your order.

We'll let you know when this item is ready for pickup from our BRICK NJ Best Buy® store.

For more information and additional order options, see the What You Need to Know section below.

Thank you for your patience.

Sincerely,

Your Customer Care Team
Order Date: 03/12/2021

Order #
BBY01-xxxxxxxx2580

View Order Status
      Store Pickup Items   


PNY GeForce RTX 3090 24GB XLR8 Gaming EPIC-X RGB Triple Fan Graphics Card
Model: VCG309024TFXMPB
SKU: 6432657
Qty   
1   
Delayed Item   
Brick
51 Chambersbridge Rd
Brick, 08723-4168

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Delayed Items   
We're Working on Your Order
•      If the delay is OK, we'll work to get your item(s) to you within the next few days
•      You'll get an email when your order is ready for pickup
•      While rare, if for some reason your item(s) aren't available by Monday, April 19, 2021, we'll cancel the item(s) and let you know by email
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If you don't want to wait for your item to become available, you have other options such as:
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A few days later this

Receipt
Purchase Date: Mar 12, 2021 Order Number: BBY01-xxxxxxxx2580 Total: $0.00
Hi PHILIP!
Before we can show you your full order details, we just need to make sure it’s you.
  Canceled

We canceled your order of this item on Mar 22, 2021 and will refund your
payment now.


Store Pickup
BRICK NJ





I am not gong to be able to get it.
However I am arguing for compensation as they tied my money up from March 12 to March 22 and cancelled without my permission.

Maybe I can get a 75 or 100 dollar gift card from them.  As this was their fault not mine.

I would prefer the gpu but at least a gift card helps a bit.

So at the moment.

1x asrock        5500xt  RMA coming on weds.  26mh
1x power color 5700xt      RMA coming on Fri. 50mh
1x asus strix 6700xt       coming  on thurs       55mh?

that is 131mh to add to current 2500mh
 

10578  Bitcoin / Mining / Re: My first mining project / mini-farm on: March 23, 2021, 12:26:12 PM
So I think assuming 270cfm would be a safe number. Assuming I have this number, for 50 miners that would be 270 x 50 = 13,500cfm. Assuming every miner burns 1450W, I saw an online calculator to calculate the W to BTU/hr which is 1W=3.412BTU/hr ( I don't know if this is correct.) So 1450W x 50 x 3.412 = 247,370 btu/hr. I don't know if this is correct or not.

But if anybody knows how to calculate to get rid of this heat please help me. In the summer the ambient temperature here reaches upto about 49 degree Celsius sometimes.

49c is very hot.

s9's have after market software. Braiins +

You can clock the s9's down to 1000 watts set the fans to 95%. and still get about 12.4 th from them

https://bitcointalk.org/index.php?topic=5036844.0

do it for the 3 hottest months.
10579  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Review]: Linzhi Phoenix - 2700 MH/s Ethash asic miner on: March 23, 2021, 03:36:02 AM
What do you think the price of the miner will be?
15-20K USD or rather 30-40K USD?
Does anyone have any relevant information about this?
 Huh

Okay it is not going to be sold. It has a fatal flaw. The ram is 4.7 so when the dag grows to 4.7 this gear is dead. At the moment I think the dag is 4.15 so this gear will die in under 💯 days.

They will simply mine it til it dies.
10580  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2021, 03:22:03 AM
Or may he is right and March 2021 will suck compared to June or July 2021.

Although I have to say if this is a bad March what is a good one?
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