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11041  Economy / Computer hardware / Re: S17 x3 Brand New miners for sale on: February 15, 2021, 01:09:25 AM
I will escrow but 1200 is very cheap price for 1 of these units.

Most likely it is a problem.
11042  Bitcoin / Mining speculation / Re: Mining Strategies? % to hodl or upgrade on: February 15, 2021, 12:44:08 AM
Hard to answer this.

If you don't have exact prices for your estimates.

I think your issue is the way you value miners . Here is a section which has prices

https://bitcointalk.org/index.php?board=75.0. you can mine a lot of price for gear data.

I would try just the s-9 at various times and prices from 2016 to 2018.


Also you leave out your power cost.  I would try it with 3 ,6 ,9, 12 cent  for kwatts
11043  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nicehash Benchmark Error on: February 14, 2021, 11:55:39 PM
make sure no other cards are already mining.
make sure the cpu is not mining.

try the bench mark on other servers

go to settings (the gear)

pick general

scroll down to localization

there is

USA-San Jose
Europe - Amsterdam
China-Hong Kong
Japan-Tokyo
India-Chennal
Brazil-Sao Paulo


try them one by one

I live in New Jersey

I have found Europe and San Jose  and Brazil to work as I am around 3000-4000 miles from each of them.
11044  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: February 14, 2021, 11:48:26 PM
This might be a little off topic but any of you guys taking advantage of the premium on the future derivative markets? Basically the June futures for ETH and BTC there is a 10% premium.

So if you got any type of fiat whether it’s USD, tether, USDC, etc you can buy on spot and at the same time sell on the futures and wait 4.5 months and get 10% for doing nothing pretty much.

Never seen the premium so high before, usually it’s 1% a month but you got Feb futures which expire in 10 days with a. 3% premium or far off futures like the Sept/Dec at 15/20% respectively. Seems that there is so much demand that the market makers are running out of funds to arb these markets. Open interest is thru the roof at 17B currently.

I have some idea that is a bad sign.  Seems too good.
11045  Economy / Speculation / Re: Bitcoin will not reach $50,000 on: February 14, 2021, 11:43:57 PM
I realized that the market would be more interesting if bitcoin will not reach $50,000 at this bull run.

Just like the last bull run, bitcoin did not reach $20,000 and the price corrected hard.
So I'm thinking maybe it could happen this time and we will call it " bull run over" while watching the price dump.

What do you think ?
it did reach 20k in some exchanges in dec 2017 so I think you are wrong.
11046  Economy / Speculation / Re: Calling top at $16500 (New speculation: Guess the price 19 Feb 2021!) on: February 14, 2021, 11:40:10 PM


/popcorn


Having seen your “predictions”, and they have been wrong, I believe you’re getting the popcorn as a celebration for another surge going to $50,000 in two weeks? Cool

Because Stock-to-flow says so.



I never always believed in the model, but I was also wrong when I debated that it was “priced in” last year, approaching the halving.

Ath sunday night


You were wrong only by one day. How did you know? Cool

Back to your Dogecoin mining, you said that Dogecoin could make you earn more than Bitcoin, does it earn you more than Litecoin? They’re merge-mined, would Dogecoin become the “first coin” for that mining algorithm? Would ASIC companies/builders start to build ASICs with Dogecoin first in their plans, not Litecoin?
  The earning now are 70% ltc and 30% doge.  when you asked the question it was more like 60% ltc and 40% doge  which was stunning.  I would guess it may drift back to 80-20 ratio.  but it was 95ltc and 5doge

Most people fail to see the mechanics of ltc/doge vs btc/bch/bsv
ltc and doge merge mine   you mine both coins at the same time. and doge is a small (now bigger) by product.

They combine rather then compete as btc or bsv or bch this is fundamentally a huge issue as bsv and bch are much lessor users of the same al-gore-rhythm.
11047  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: February 14, 2021, 11:32:51 PM
I am not an expert on solar panels but with some friends that we have researched on that, the problem is that you need power 24/365 per day and solar can not give it you. You need batteries to be able to store energy and have a much bigger solar panel installation to do so. That is why everyone goes near geothermal energy or hydroelectric because this can be constant supply.

not true.  It varies state to state and country to country.

most places in the world give 5 full hours or 19 dead 5 good. each day.

this is when you round them.  Ie 17 dead hours 3 poor hours near sunset and sunrise and 4 good hours comes to 5 hours.

Depening on the place you live and the local power company you sell your excess in those good hours and buy back during you dead and bad hours.

So 19 to 5 means about 24/5   so a 24000watt array nets 5000 watts 24 hours a day.

A 1 acre spot can do 240,000 watts at peak so your 24 hour average is 50,000 watts

The problem is you need to cut a deal with power companies and those deals vary greatly.
If people understood how much they were being fucked over by coal oil gas vs solar they would freak.

Here is a subsidy for coal oil and gas given by most developed countries . They do not require power companies to give fair deals for solar arrays.  Ie I sell you 10 kwatts for 5 hours in the sunlight that is 50 kwatts excess. I buy back at for equal price. This is not given to many solar arrays. Thus us us a negative hurting the array owner driving the price up.  So you handicap the solar owner and do not fine a coal company for the lung damage burning the coal causes.

So depending on your location an acre sized  solar array making 240,000 watts 5 hours a day or 1200 kwatts  daily using 50kwatts hourly would be zero cost in a subsidized spot. It  could cost as much as  1200-250 = 950 kwatts as the power company in some spots pays zero for the excess 950 kwatts you make at peak.

They burn coal and coal is getting that subsidy not the solar.

If people understood this they would be pissed off. Down the road we will drift away from coal/oil/gas unfortunately I am 64 and most likely will be too old to see it happen.
11048  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: February 14, 2021, 07:06:52 PM
Well we keep growing

https://etherscan.io/chart/hashrate

293 th Jan   1 2021
394 th Feb 12 2021

101th in 42 days

So if we keep ths pace


495th March 26 2021   42 days

596th May     7 2021    84 days


697th June  18  2021   126 days

Now what is interesting is for miners that the cents per mh is still over 10 cents
 
On via btc I am paid 200% of a block which means coins ar 2x the value for me as a miner

So miners are paid 0 fees but 3614 usd coins another way of understanding it.

 12 cents an mh is what the payout is.  vs 6 cents and .001 in fees.

An interesting thing is fee reduction could spur eth to an all time high price.

if btc at 49k is possible eth could be 2940 price.

that would match the 1200 to 20000 ratio of eth to btc index 2017.

I know one thing  100% in fees is too high.  getting paid at a 200% rate on viabtc is too high.

I still see a lot of hash rate growth 

we may move from 394th to 697th in 4 months time from now.

but do some math 394/697 x 12 cents = 6.78 cents which is still very good for cpu mining
11049  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: February 14, 2021, 03:19:58 PM
We have reached a point of gear not getting more efficient.

S19pro has 1 speed setting uses 29 watts a th
S17pro has many settings and the vnish set to 39th  gets 25 watts a th.
That is a road block to hashrate growth also missing chips will slow rate.

In order to increase hash rate you need more power infrastructure.
Mining won't build a new dam as it is costly.
Mining can be leveraged to grow solar arrays.
I am thinking the next stage will be more solar arrays which were funded by mining.
If so we can have strong growth since a mining farm can say we help the environment as we increase solar footprint and lower carbon footprint
This is going to happen slowly but surely maybe this bull run will be the one that sparks this type of investment off. If so then we can have large hashrate growth as it would be decreasing carbon fuel burning.

 I am not a tree hugger anti coal/gas/oil. guy I look at this from a practical viewpoint. I have seen and help build profitable solar arrays. That would scale 10x even 100x the 125k-watt field we run.

If global warming is real then this is the way to go.
If global warming is fake and the sun is simply a bit hotter then this is the way to go.
Why is that?
Sun will cool and the cheap solar power will reduce and like short sighted morons we have been buying all the coal the gas and the oil.

So either way solar is smart and carbo is stupid as fuck.
We could continue mining coal and storing it just in case the suns drops it's output. And we could be building cleaner coal plants just in case we need to switch back to them.
Oil and gas can stay in the ground for now.

Of course this would piss off gas and oil guys but they had a good run.

Also they purchased tons of solar tech so I am only telling you what will happen in 20 or 30 years from now.

All this relates to mining diff since mining will not grow without power. (40,000x the power for a gpu to a s17pro) Those power savings will not happen again.  Maybe just maybe 10 watts a th is the best we will ever see.
11050  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH 1559 and 2.0: Update and Timelines on: February 14, 2021, 04:27:05 AM
Yes I am pretty sure Metroid is spot on. Remember ProgPOW? They dedicated tons of research and money into progPOW and it was 99% suppose to go live and what happened last minute? They decided against the research and left everything the way it is.

Most likely if ETH was hitting all time highs back then they would go for the fork to eliminate ASICS and make it a more level playing field. Either way I don’t think the ProgPOW would of eliminated much ASICS because when the Antminer E3 went offline the hashrate hardly changed. Back then the newer ASICS didn’t exist yet.

Progpow and 9gb dag combined would really shake shit up.

Actually they should do nothing. The hashrate has been growing 29th in last 10 days.

Just keep everything the same for 100 days.

Float five ideas 💡 that could be done in 100 days including nothing.

keeps everyone guessing. makes it harder to plan.

The last thing eth needs is certainty as it will crash shit it you lay out a certain plan. Today. or next week.

I like five plans to be laid out and say we may pick one of these plans.

keep it uncertain.
11051  Economy / Speculation / Re: Top 20 days for Bitcoin on: February 14, 2021, 03:58:35 AM
five deuces works for me.
11052  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: February 14, 2021, 03:09:14 AM
Taking the 1/2ing into account would make 2020-2021 15.5T to 42.8T = 176%.

In the 1st quarter of 2019, Bitmain had a revenue of >$1 billion. At $2500 a miner, that would be 400,000 miners in a single quarter. So between all the manufacturers, I don't think it is that far-fetched to think we're going to hit another 100% increase.

No we may not ever do a 100% year again as  the s17pro set to low hash rate of 39th can do 25 watts a th.
The s19pro has not be proven to do better than 29 watts a th.  Yeah I think it can but there may be a flat line limit with efficiency  and that makes 100% diff jumps harder to do.

Best I can compare this to is a gasoline engine. A gallon of gas can only do so much work. Eventually it reaches a limit as to how many miles per gallon you can get from 1 gallon.

We did 1gh and 400 watts with gpus
We did 1gh and 15 watts with asic usb sticks.
We did 1 gh and 2 watts with s-1 miner
we did 1th and 1600 watts with 2 s-3 miners
We did 1 th and 1100 watts with 1 s-5 miner
we did 1 th and 250 watts on the s-7
we did 1 th and 80 watts on the s-9
we did 1 th and 60 watts on the s-15
we did 1 th and 25 watts on the s-17pro best settings
we do 1 th 29 watts  on the s19 pro  so size is better but not wats per th this will slow us up a lot.

We may be reaching the limits for watts per th.
11053  Alternate cryptocurrencies / Mining (Altcoins) / Re: Asic LINZHI 2600 Mh/s on: February 14, 2021, 12:37:14 AM
Well the main asdic builder of record is most likely innosilicon and they are costly items.

hash rate reach 388th

10 days ago it was 359th

that is 29th in ten days.

since 1th is 1620 nvidia 3070

they added 29 x 1620 = 46980 3070 Gpus in 10 days

so in 100 days we could be at 388+290 = 678 th.

100 days is May 23 I think.

If we grow to 678th by may 23rd.

I smell a crash.

we could drop to 3 cents an mh from current 12 cents an mh
11054  Bitcoin / Mining speculation / Re: 2021, time for a new general & diff speculation thread... on: February 13, 2021, 11:44:10 PM
Alas those numbers don't suggest people turning miners on and off.

They are expected due to the fact that bitcoin block finding is a sha256 hash with a Poisson distribution.

Even the diff re-calc every 2 weeks isn't highly accurate, the sample data is just not very large ... only 2015 blocks.

Yeah variance happens

But 7-10%  and then drop to 1-3%

42 days. well 35 days

not 14

5 high days  9 descending  days Jan 10 to Jan 25

5 high days  9 descending  days Jan 25 to  Feb 4

5 high days  9 descending  days Feb 4 to Feb 13.    this has not yet happened but is happening as I type

becomes suggestive of other things.

IIRC that has been pattern over last 42 days. well 35 days

Could be wrong as I have a lot on my plate but I just checked and the pattern has held over 35 days.

This thread I think is the right one to ask. I have read the terms of NotFuzzyFarm and I think it is ok. In case there is a need to delete it or relocate it just let me know.

At MZ4 yeah I guess this is the right place.
11055  Bitcoin / Mining support / Re: M10 PSU on: February 13, 2021, 08:25:27 PM
yeah just like my avalon 1066 psu.

oct to feb before I got a used one.
11056  Economy / Speculation / Re: My calculation and prediction this month btc on: February 13, 2021, 07:21:11 PM
@OP I am missing your calculation. All I see is a random number you picked for the upcoming price of Bitcoin.  If there is no calculation for your prediction then I believe you should change your topic to "My calculation and prediction guesses this month BTC".

"In 20days to 63k" "we will end with 63 becouse I like 63 amg" This is so funny
Make prediction without any knowledge, I mean. everyone has the right to express their opinion, but without being based on strong knowledge and analysis it is like humor.

On a respectable note, it is more likely guesses.  And yeah, everyone has the right to make guesses.

Yes we are all free to guess or predict I think OP is just trying to have fun here predicting the price.
And since we are predicting/guessing the BTC price for this month I would gladly join so here is my guess for the end of this month the price would still be around $40K+ I think it could broke $50K but at the end of the month it would still be around $40K+.

Onwards and upwards soon very soon 60k will be a distant memory and we will be saying I can't believe how close we are to 100k.... Wink
11057  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 13, 2021, 06:47:32 PM
Good morning Bitcoinland.

Still going sideways... currently $46940USD/$59650CAD (Bitcoinaverage).

Coiling.

Go Bitcoin go.

-altcoin trash-

-more altcoin trash-

Please move this garbage to the appropriate folder:

https://bitcointalk.org/index.php?board=224.0

Sideways is exactly what is needed to uncoil the next strike past 50k to 60 k

11058  Alternate cryptocurrencies / Mining (Altcoins) / Re: ASRock H110 DVI-D Port no video signal on: February 13, 2021, 04:21:50 PM
That is not a btc miner it mines eth or another alt.

I asked mods to move it to the following section


https://bitcointalk.org/index.php?board=160.0

Nice that you fixed it good luck mining .
11059  Economy / Speculation / Re: Top 20 days for Bitcoin on: February 13, 2021, 03:10:39 PM
Ka-ching! We've got another winner.

ATH jackpot and 5 in a row, all in February.

Go Bitcoin go.

I did not realize your hat is Mr Natural Grin

So we march onwards and upwards hopefully into march.  Once we get to march we can set our eyes at that April 11 date.
 

In the mean time 50k may happen this weekend Grin
11060  Bitcoin / Development & Technical Discussion / Re: The paradox of small block size on: February 13, 2021, 03:01:31 PM
LTC and Doge are well backed asics and do a lot to lower the issue.

for every block of btc there are 2 blocks of ltc
for every block of btc there are 10 blocks of doge.

I have sent 1,000,000 doge for 2 doge fee.

Problem stated by op only exists for a BTC maximumialist .
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