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1081  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for mining? on: November 28, 2016, 03:49:31 PM
Looking at prices in your country, i would go for RX 470. Noticeable difference in speed between 470 and 480 is when 480 have 8gb of memory. Since both of your cards have 4gb it's just not worth it to go with 480s

Now that you bring that up, I have a question:

Which Setup would be better?

6x RX 470 4GB with 1000w PSU
OR
6x RX 480 8GB with 1200w PSU

I would still go for 470, same reason. Overall price of the rig, hashrate you get and power consumption is just not worth it with rx 480s

Looking at prices in your country, i would go for RX 470. Noticeable difference in speed between 470 and 480 is when 480 have 8gb of memory. Since both of your cards have 4gb it's just not worth it to go with 480s

Thank you all for posting!

Do you know why 480 8GB is faster? I'm new mining, and I don't know too much, as far as I understand vram memory is used tu allocate the DAG file, but if DAG file is smaller than 4GB what is the upside?

I can buy RX 480 with 8GB of XFX for 225€, SAPPHIRE for 235€ or MSI and GIGABYTE for 245€, but I read that XFX is not recommendable.

Regards

Well there are multiple sources. Ones say that RX 480 4gb is completely same to RX 480 8gb just with less memory. Other ones say that 480 with 8gb memory can be overclocked higher than 4gb version and you get more performance that way. I remember reading about this on ETH forum. If i find thread link i'll edit this post

Yeah, I'm leaning the way of the 470s right now, but gonna wait until my local parts dealer gives me his pricing, if the difference in price is less than 10% I will go for the 480s, if more than 10% I will go 470s Smiley

I can confirm the 480s are faster in the 8GB variant, I have 4 of them right now, They are about 200 Sol/s equihash and 29 Mh/s dagger/eth and I'm sure most 470s are around 27 for dagger and 170-180 for equihash.

Compare price difference with performance gain. I can't do calculations atm, but if performance gain is 20% maybe 20% price increase will work for you. You should also take into consideration power consumption when calculating this
1082  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for mining? on: November 28, 2016, 03:41:57 PM
Looking at prices in your country, i would go for RX 470. Noticeable difference in speed between 470 and 480 is when 480 have 8gb of memory. Since both of your cards have 4gb it's just not worth it to go with 480s

Now that you bring that up, I have a question:

Which Setup would be better?

6x RX 470 4GB with 1000w PSU
OR
6x RX 480 8GB with 1200w PSU

I would still go for 470, same reason. Overall price of the rig, hashrate you get and power consumption is just not worth it with rx 480s

Looking at prices in your country, i would go for RX 470. Noticeable difference in speed between 470 and 480 is when 480 have 8gb of memory. Since both of your cards have 4gb it's just not worth it to go with 480s

Thank you all for posting!

Do you know why 480 8GB is faster? I'm new mining, and I don't know too much, as far as I understand vram memory is used tu allocate the DAG file, but if DAG file is smaller than 4GB what is the upside?

I can buy RX 480 with 8GB of XFX for 225€, SAPPHIRE for 235€ or MSI and GIGABYTE for 245€, but I read that XFX is not recommendable.

Regards

Well there are multiple sources. Ones say that RX 480 4gb is completely same to RX 480 8gb just with less memory. Other ones say that 480 with 8gb memory can be overclocked higher than 4gb version and you get more performance that way. I remember reading about this on ETH forum. If i find thread link i'll edit this post
1083  Alternate cryptocurrencies / Mining (Altcoins) / Re: Differnce Between Proof of Work and Proof of Stake on: November 28, 2016, 02:36:30 PM
Well since you are in mining Subforum i'll explain what does it matter to miners (I WONT EXPLAIN THE WHOLE CONCEPT)
So when we say for certain coin that it has Proof Of Work that means that it CAN BE MINED. Miners are allocating their hashrate towards the network and for the work they done they receive coins. This is as simple as i can think of now, of course whole concept is much more complicated.
When we say for coin that it has Proof Of Stake it's not meant to be mined. You put up your collateral and you receive coins based on that. Something like investment (well all mining is investment but you get the point)
1084  Alternate cryptocurrencies / Mining (Altcoins) / Re: CPU cloudming Quark on free Azure not working. Help anyone? on: November 28, 2016, 02:32:11 PM
Most cloud computing companies don't allow mining on their servers. I know this for fact with Google, and it's probably the same with Microsoft. Anyway if they somehow allow it (or don't catch you) if you are paying monthly maybe you should reconsider your investment since it wont be too profitable for you, or not profitable at all ! Your are better off just building your own rig.
1085  Alternate cryptocurrencies / Mining (Altcoins) / Re: BEST PARTs FOR GPU MINING RIG FROM DECEMBER 2016 on: November 28, 2016, 02:24:10 PM
at this point i would wait for vega from amd, big chip amd 580 and fury pro, they will have better hash, due to better bandwidth and bus speed, and lower consumption

it's due this december or early 2017

That could also mean price drop in current RX 4xx cards Grin Currently without a doubt 470 is overall best card for mining. Price difference between 470 and it's only competitor in mining 480 is not worth extra performance you get with 480
1086  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best GPU for mining? on: November 28, 2016, 02:21:39 PM
Looking at prices in your country, i would go for RX 470. Noticeable difference in speed between 470 and 480 is when 480 have 8gb of memory. Since both of your cards have 4gb it's just not worth it to go with 480s
1087  Economy / Service Discussion / Re: How to protect your data on: November 28, 2016, 02:18:53 PM
I don't see how is anything of this related to bitcoin. And by reading your text, you nonstop use WE say WE did bla bla which only makes me think that you just copied this from some online source
1088  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] Simple Rig Resetter - Hardware from simplemining.net on: November 27, 2016, 05:36:42 PM
I like the device. It's definitely useful  if someone have rigs far away from home BUT price... Let's say i miss the pre-order and want to buy it I would pay 140$ including shipping for just one device... I think that is just way to high especially if you take into consideration that most of issues you can fix with TimeViewer. I'm mining for quite some time and I don't remember when i had to go and restart rig manually...
1089  Economy / Service Announcements / Re: Near-complete China-based Mining Facility Opens Up Pre-orders on: November 27, 2016, 04:43:01 PM
Let's think of this as legit business (not scam) and take this into consideration. You sell 24 hour plan for 10$ and s9 earns about 7$ per day (without electricity costs) so what's up with that ? if i want to test your Mining facility i have to pay you 3$ Huh And for month it's 40$ ? Some major alerts here. 

Hi there,

The 10 USD 24-hour trial was meant for new users who are interested enough to learn about the process but don't trust enough to purchase the entire miner. It would involve some hassle on our side which justifies the 3 usd markup - apparently not to you, sorry.

USD 40 monthly hosting cost is for users who have made a considerable commitment by purchasing a miner and shipped to our facility. It is meant to be a price that is globally competitive and based on my research, it is.

SinoHash is as legitimate as any hosting service is. We are trusted enough that we have signed up users even before we are fully operational. I suggest you do some research to become more familiar with us.

True it is hard to gain trust as a new brand. I take your words as encouragement.

This is not about 3$. I'm talking about disproportional plan prices as well. And if you are talking about that I think that if you want to interest some users in your service it's bad idea for them to pay you. When you see guy on the street promoting crazy new candy, do you pay him to test it because he is standing there all day promoting and wasting time ?
1090  Economy / Exchanges / Re: Do you agree if coinbase/exchangers give the data of costumers to IRS/government on: November 27, 2016, 01:33:36 PM
Most of you say don't care, if you don't like them don't use them. But think about users that earn a lot of bitcoin every month. Operator of mining farm for example. There is no way for him to get BTC exchanged to local currency since most of guys won't accept large amounts if the tries to trade P2P. A lof of users are forced to use exchanges (any of them) and it's expected that government is going to try to take control of that

...so?  If you live in the US you have to pay taxes.  It doesn't matter how you made the money, you pay taxes on it.  I don't see the problem.

Purpose of bitcoin is to avoid something like that. To be anonymous so IRS don't know who to charge. Endpoint where it stops being anonymous is exchange where it's easy to track. Of course most of the people is going to see that as problem. Why do you even use bitcoin anyway ?


I think its not the only purpose of bitcoin and surely the legacy of satoshi is to create an e currency breakthrough who's stronger and be used by many people and its anonimosity is just a feature folloe by that, and for me im neutral with the topic below since if you mean wallet provider well ask kyc then i think its totally fine, but if the exchanger required the kyc well thats another part of the story, i dont gamble my faith for that one since exchangers are prone to attacks.

I didn't say it was the only purpose but that's one of reasons bitcoin exists. No IRS, no banks, low fees, anonymity  that's all what Bitcoin should be (yeah i said should be). If they are going to control it , tax it, there is no reason to use BTC. Why should't I use my local currency instead ? 
1091  Economy / Exchanges / Re: Do you agree if coinbase/exchangers give the data of costumers to IRS/government on: November 27, 2016, 08:32:53 AM
Most of you say don't care, if you don't like them don't use them. But think about users that earn a lot of bitcoin every month. Operator of mining farm for example. There is no way for him to get BTC exchanged to local currency since most of guys won't accept large amounts if the tries to trade P2P. A lof of users are forced to use exchanges (any of them) and it's expected that government is going to try to take control of that

...so?  If you live in the US you have to pay taxes.  It doesn't matter how you made the money, you pay taxes on it.  I don't see the problem.

Purpose of bitcoin is to avoid something like that. To be anonymous so IRS don't know who to charge. Endpoint where it stops being anonymous is exchange where it's easy to track. Of course most of the people is going to see that as problem. Why do you even use bitcoin anyway ?
1092  Economy / Service Announcements / Re: Near-complete China-based Mining Facility Opens Up Pre-orders on: November 26, 2016, 08:24:29 PM
Let's think of this as legit business (not scam) and take this into consideration. You sell 24 hour plan for 10$ and s9 earns about 7$ per day (without electricity costs) so what's up with that ? if i want to test your Mining facility i have to pay you 3$ Huh And for month it's 40$ ? Some major alerts here. 
1093  Economy / Exchanges / Re: Do you agree if coinbase/exchangers give the data of costumers to IRS/government on: November 26, 2016, 08:02:43 PM
Most of you say don't care, if you don't like them don't use them. But think about users that earn a lot of bitcoin every month. Operator of mining farm for example. There is no way for him to get BTC exchanged to local currency since most of guys won't accept large amounts if the tries to trade P2P. A lof of users are forced to use exchanges (any of them) and it's expected that government is going to try to take control of that
1094  Alternate cryptocurrencies / Altcoin Discussion / Re: BURST Android mining on: November 26, 2016, 07:55:22 PM
I don't think BURST mining on is profitable even on PC. If you already have storage then yeah but if you want to invest not really. As for android phones , would you really sacrifice your phone storage for 0.1$ per month ?
1095  Economy / Digital goods / Re: Get All items on envato market with price cheap! on: November 26, 2016, 12:41:19 PM
get the odd item on $ 50: 40% Price / cost 1 items
Get items over $ 100: 35% / cost 1 items
This rating system applied across codecanyon
https://codecanyon.net/
-----------------------------------------------------
Anyone interested to contact:
mail: lequang87dn@gmail.com
fb: facebook.com/vic2006vn
skype: leedesignsvn


There are two options how this work. Option number 1: You actually bought every single item on envato market and now you want to sell it (I know right  Grin) and there is Option Number 2: You just google name of the item and add download free and whoala ! I don't recommend buying anything from OP for obvious reasons Smiley
1096  Alternate cryptocurrencies / Mining (Altcoins) / Re: GENESIS-MINING Zcash is a fraud - look at the numbers!!! on: November 26, 2016, 10:32:10 AM
GM sold mining contracts for 75h/s on Zcash for a year for 2500$!

I have an amd r9 290x that hashes over three times that. so I would have had to have paid 7500$ to achieve the equivalent hash power that I get from one gpu that is worth maybe couple hundred dollars.

They should be ashamed of themselves. Of course it might be hard or impossible to evaluate hashing efficiency of a coin prelaunch, but the correct answer is     - NEVER pay for cloud mining!

So, I may have been a bit gullible to buy 2.23 BTC of Equihash from GENESIS-MINING. I bought in at the pre-sale and they have doubled and tripled my hash power and yesterday I got my highest payout so far and then today the payout was lower. So given that the mining has been going for about 1 month and we can only assume that hash power will increase etc. So look at the numbers:

Invested amount: 2.23 BTC
Hash power: 97.4 H/s
Highest payout so far: 0.01889618 ZEC per day
365 days of mining (as per contract): 0.01889618 * 365 = 6.8971057 ZEC
By todays exchange rate: 6.8971057 ZEC * 0.12300058 BTC/ZEC (Poloniex) = 0.848348001 BTC

So, a loss of: 0.848348001 BTC - 2.23 BTC = -1.381651999 BTC

And, ZEC price is bound to drop. So investing in GENESIS-MINING for Zcash is a VERY BAD idea!!!

Genesis Mining is the biggest rip off I have seen in my life! I did invest in bitcoin mining contract and the only hope for is that it is a life time mining contract. I don't get paid everyday. But I have invested just $50. You could have invested 2.23 btc in a decent mining rig which could have given you even better returns.
Stay away from this cloud mining sites and set your own rig, its fine if you are starting out and wish to go with 1 GPU.

Lifetime contract is pure bullshit. As time goes mining fees will increase and when their fee is greater than what they pay you they will just terminate your contact, and best of all they stated that in their TOS and you agreed to that when you created account Smiley
1097  Economy / Service Discussion / Re: HOSTING BITCOIN on: November 25, 2016, 08:03:45 PM
I'm assuming they mean 3GB of RAM and not storage, but I could be wrong.

You are wrong... It say 3GB STORAGE as mobnepal stated up there, anyway you can visit their webiste and it say 3gb of storage. I agree with you guys it's not much but definitely enough for one website in order for it to operate normally


I agree RAM is most important, but if you are trying to host a node for any blockchain or a decent sized database, I don't think 3gb HD is enough
In order to get decent sized database you need to have a lot of users. Let's be real, anyone with a lot of users is going to go to DigitalOcean or some provider like that. Your app must be very specific type if you are required to run whole node, because most of the important stuff you can manage with API. I think OP realize that no one with 500k users is going to use his host (just say), i don't say it's bad, it's good for small applications and develpment
1098  Economy / Service Announcements / Re: Bitcoin Address Vanity Generator on: November 25, 2016, 06:06:10 PM
I like it!
Also wanted to say that electron looks really fun to play with. Desktop apps from nodejs code - very cool.

Yeah i like it too ! Electron is great tool overall. Only (but major) disadvantage is speed of created apps. C++ and C# are much better and faster languages for desktop app development
1099  Economy / Service Discussion / Re: HOSTING BITCOIN on: November 25, 2016, 03:38:47 PM
I'm assuming they mean 3GB of RAM and not storage, but I could be wrong.

You are wrong... It say 3GB STORAGE as mobnepal stated up there, anyway you can visit their webiste and it say 3gb of storage. I agree with you guys it's not much but definitely enough for one website in order for it to operate normally
1100  Alternate cryptocurrencies / Mining (Altcoins) / Re: Guys , i need some help here !!! on: November 25, 2016, 03:14:20 PM
First of all, there are some things you can do to cut your costs. G1840 replace with G1820 (i got it in one of mine rigs) if there is noticeable price difference between them. You don't need SSD for mining, it does not improve mining performance at all, and you won't be using that configuration for anything else so no sense in buying it when you can find 50gb cheap used HDD. For GPU you can take any of them as long as you can modify bios as someone said before. As for power supply for ONLY TWO CARDS 500w should be enough and must be at least bronze certified
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