Is this coin a real fork of BTC?
or is it just a name steal?
curious
Brad
It is very clear that this is a fork of btc Cool. 1x1 for my BTC HODL'ing. Good to know. Brad
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I'll probably use a straight Linux Lubuntu (light ubuntu) on an old laptop I used a mess of free ones (never to go beyond XP laptops for Linux) for miners in the basement to overview.
Evo N800v Compaq. Like 1gb ram. I'll see if they will work.
I have a USB 'toy' voltage tester around here someplace. What is the minimum I can get away with on these WITHOUT having to use the GekkoScience HUB toy?
Too many real-world projects and too little time, except for quick posts between projects (house) and Bitcointalk.
Retire they said, have more free time they said, yeah sure.
Brad
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I have a mess of LISK that (after ICO more purchases) duh, I'd need $1.91 LISK to get out what I have in LISK. The joys of 20/20 hindsight...always so clear. meh! I have a significant amount of Siacoin I mined, before selling my Obelisk SC1 miners for what I had into them (whew!) kinda was waiting for the 1 year to pass on HODL'ing them so only 20% cap gains thingy in the USA. Not sure how wise this is, but got what I needed out of the equipment that any of this is extra, after the electric, till I sold the Obelisk SC1's. Was told by my nice CPA lady in the USA to now even THINK about touching/looking or otherwise acknowledging the 'bastard children' Bitcoin/Litecoin or other forks. At least until the IRS comes out this year on its 'supposed' guidelines. So that is out. Have a mess of 'dead coin' Fujicoin (FJC) I mined for some profit, before the FJC went deader than dead, on the KNC Titans. My last mining of any kind was shut off on 2/14/19 or exactly 6 months ago from today, as long as I've just realized this. I also fell (hopefully not the victim) to the Litecoin Halving and bought a mess at around $85 price and some change averaged out. Unsure how what is all gonna work out. But hey, no loss on paper yet. So anyway, that is my situation. Hopefully, all altcoins will not go full beanie baby and worthless, but as a percentage of my Bitcoin holdings, I feel it is worth the risk just to hold. Probably the wrong choice. But then again, this is how crypto works. It is always 'binary' either win/lose on whatever choice. Never any gray areas worth crypto. I was either the right choice or the wrong move, on whatever actions. Seems to be how it rolls. Anyway, my view on HODL'ing multiple coins is, if it is not significant to your Bitcoin HODL'ings, I'd say it is worth the risk. Then again, we could further this discussion even further and debate the HODL strategy of Bitcoin itself. Also, a win/lose binary situation. Crypto: Always Drama! anyway, my approach, be modest on altcoins and keep your expectations low. If you want to be full out crypto stupid, then your best 'bet' is Bitcoin IMHO. by the by, the above is transparent because the SEC and the IRS are already fully aware of me, thus no biggie to be detailed on above. (2013 banker called SEC for investigation, just because I used $$$ to Buy Bitcoin Equipment in 2013, ah the good old days, when I was a desperado, the SEC guy was like, on the phone, "why am I here", in that I had fully complied with the 2014 IRS Guidelines showing them my nice CPA made 2014 tax returns. Needless, to say, I changed banks on the realization that I needed a 'commercial bank' vs a regular bank, for these purposes. Told the new bank about this when I got an account, they were in hysterics about the other bank competitor and could give a frack all these years I have checks labeled with my name and BTC under my name. To keep track of my checking use for the business etc. I have trained them the new bank well since 2013! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Anyway, I'm already tag'd and snag'd so I can say what the hell I want on my holdings here on Bitcointalk. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) So chump or champ, you guys can tell me how badly I mucked up on HODL'ing the above altcoins someday in the far future! later Brad
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Well. I'm finally getting around to cleaning old ASIC miners out of the basement and into storage.
Assuming, that means I will eventually get around to actually putting up my GekkoScience Terminus R606
I was looking at the 1st page of this thread. So first of many dumb questions.
I simply want to use an old laptop and a regular Corsair PSU with this unit.
1) is there anything I need to worry about on such a laptop for the USB port voltage?
2) I assume the directions I see on the first post of this thread do apply to the Terminus R606 also and there are no other divergent directions for laptops specifically vs the Raspberry Pi?
Thanks, that should hopefully get me started on this project of a least getting the R606 up once I clear room in the basement project.
later
Brad
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Is this coin a real fork of BTC?
or is it just a name steal?
curious
Brad
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Hobby prove done by some raspi judges? Lol I am unclear on any consequences that 'fake satoshi' would have in this court case. Assuming he is gonna lose it. 1) it is a civil case? thus big whoop? 2) Craig Wright can just not do the judgment or the payment or whatever, if found guilty, being overseas and all? 3) Call "Dog: The bounty hunter!" Just sum up for me, if he Craig Wright is gonna get 'dinged' on this in any manner, or he will just walk away without any 'real' consequences. I want his 'ass' but I think he is gonna walk without even a slap on his tiny wrists. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Brad
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Interesting. I suppose I have to pay 7% Minnesota Sales Tax. I suppose I learned something.
thanks
Brad
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So $800.00 USD, or below is Tax-Exempt from the full tariff or just the import fees?
Re-Read above and going to assume you only pay the 2.7% import fees on such.
hmmmm..interesting
not a damn lot to choose from but interesting
brad
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Unless it's under de minimis.
I gather by the above you mean there is a minimum that tariffs do not apply? Or has that boat sailed as well? (Of, course, does not apply to us, and the USA, but figured I'd ask, anything we get is well over that limit if it exists, anyway) I don't suppose with the new tariffs, we can get an exempt like some technology companies are trying to do? Not exactly sure why I'm even bothering trying to follow this 'snipe hunt' anyway. Even without the soon to be Septemeber 1st, 2019 increase in tariffs by 10% to a total of 37.6% with import fees, that any of this mining ASIC equipment of any flavor of any algorithm, be it BTC/LTC or whatever, would make sense on this FOMO pump anyway. Guess it is just a habit. Anyway, if there is STILL a minimum where USA tariffs don't apply, let me/us here know. Unlikely to matter, but would be good just to know. (I need a better hobby, then following dubious ASIC miner purchases and how they interact with dubious USA tariffs) sheesh Brad
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The below is from another thread, but applies to us here, it is likely to get deleted on the whatsminer thread, but I figured I'd post it here on my thread as
well to vent my frustrations.
I mean, a lot of supposition below...but I just don't get it.
I included a partial post reply by Philipma1957 from the thread this is likely to get deleted from...(will contact him)
but anyway, here is the rant...and confusing nature of any ASIC miner pricing and such games, etc
Again, contacted Philipma1957 and will delete his lead in if he wants, but it mirrors my frustrations.
brad
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Philipma1957 post from the W20 miner thread (again, likely to get deleted as off-topic, thus the repost here)
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Quote from: philipma1957 on August 10, 2019, 11:55:54 PM Quote from: minefarmbuy on August 10, 2019, 10:50:10 PM Planning is getting harder not easier and all the surplus MicroBT had from their latest release is gone as well.
I have to simply do nothing. I have sat and checked all prices on all units.
from bitmain innosilicon whatsminer and avalon.
the best item to buy is the s9k for 310 new from bitmain buy 2 you are under de minimus at 798 with the shipping.
something is wrong here with every company as they are pricing the 'good' gear far too high and far too long of a wait.
So much so that a 5 cent power guy should buy the s9k direct from bitmain in sets of 2 to legally beat the trump tax.
end of Philipma1957's lead in posting.
--------------
Searing rant below:
The question I have is why are they driving the price up so high, I mean all the mnfg's are frigging doing it!
Do they see FOMO as their salvation?
Is it the fact that IF you are not in the USA and/or not in a VAT country, you can clean up on ASIC miners with these prices...in addition to saying
these same countries are in the 4c to 6c kWh electric range? Could the demand from NON-EU VAT countries and the USA etc have such a demand on
prices to make up for the fact the USA and a lot of EU buyers are not out, and the countries above are in full FOMO and such, allowing the mnfg's to
drive up prices?
I just don't get it, been bothering me on wtf is going on for weeks now.
So anyway, perhaps is a hole of mining FOMO that needs to be filled, and is being filled by countries without VAT and/or tariffs like the USA. The current
manufacturer's of ANY ASIC miner flavor, have all seen this, and are jumping full boat on this FOMO and assumption of price pump, just by seeing the
numbers, indeed I'd guess they are NOT seeing their sales slow down, thus raising prices, thus where we find ourselves now.
I just wish I had a handle on an 'honest broker' in a far east country with decent hosting and electric prices. Took me years to find such in the USA,
doubt I'd pull such an overseas trick.
But again, somebody either knows or is assuming a lot of stuff that I am not, or some of my meanderings above are in play, but yeah, I just don't get it.
Sorry about off-topic this will likely get deleted..but this is a concern on ANY miner purchase anywhere.
You add the frigging 36.7% tariff with import fees and I am (on top of the above) beyond flabergasted
whatever...end of rant
brad
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The question I have is why are they driving the price up so high, I mean all the mnfg's are frigging doing it!
Do they see FOMO as their salvation?
Is it the fact that IF you are not in the USA and/or not in a VAT country, you can clean up on ASIC miners with these prices...in addition to saying these same countries are in the 4c to 6c kWh electric range? Could the demand from NON-EU VAT countries and the USA etc have such a demand on prices to make up for the fact the USA and a lot of EU buyers are not out, and the countries above are in full FOMO and such, allowing the mnfg's to drive up prices?
I just don't get it, been bothering me on wtf is going on for weeks now.
So anyway, perhaps is a hole of mining FOMO that needs to be filled, and is being filled by countries without VAT and/or tariffs like the USA. The current manufacturer's of ANY ASIC miner flavor, have all seen this, and are jumping full boat on this FOMO and assumption of price pump, just by seeing the numbers, indeed I'd guess they are NOT seeing their sales slow down, thus raising prices, thus where we find ourselves now.
I just wish I had a handle on an 'honest broker' in a far east country with decent hosting and electric prices. Took me years to find such in the USA, doubt I'd pull such an overseas trick.
But again, somebody either knows or is assuming a lot of stuff that I am not, or some of my meanderings above are in play, but yeah, I just don't get it.
Sorry about off-topic this will likely get deleted..but this is a concern on ANY miner purchase anywhere.
You add the frigging 36.7% tariff with import fees and I am (on top of the above) beyond flabergasted
whatever...end of rant
brad
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One word "solar" Im solar powered off grid time to learn to mine! @wlbryce
I sent you a PM of why that is not gonna work in my area. I'm denied adding any extra and can't seem to go off grid from my utility for mining. Seems to be no exceptions. So unless I want to mine extra electric to them for free by being over capacity for my residential house use. ($90 a month which means anything I overproduce over $9 they shoot back to me, they get to keep and put on the residential market and sell at 17.26c kWh. (Thus, you see why I was looking into this). In other words, we CAN'T go completely off-grid (city and state zoning) and a contractor can't build solar at a capacity over the 10%, your utility limits on your past year average, usage cap. I may be stuck indeed! Well, that is not gonna happen. The last couple of years this is now the new normal before you did not have these constraints on solar sell back or size of stuff. I'm dorked! Brad
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I don't suppose there is any 'legit' places in the far east a person could 'host'? I mean really, at 4c kWh to say 6c kWh is kinda the range now for mining IMHO, and that would not work with the good old USA 37.6% tariff starting September 1st, 2019. Indeed, I've heard some rumblings that if China continues to 'defy' the Trump Administration then they plan to make it a full additional 25% Tariff...say, probably October 1st, 2019. Again, rumors. But that would really be a kick in the nuts. At that point, I'd be less worried about getting miners and more worried about walking into a Walmart and experiencing full 'dismay mode' ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Sheesh. That would be a 52.6% tariff if that was to follow thru. Then, of course, China having or dumping their 13.5% of the bond market we could have some real fun. https://www.reuters.com/article/us-usa-trade-china-bonds-explainer/explainer-will-china-dump-u-s-bonds-as-a-trade-weapon-not-so-fast-idUSKCN1SY0BSAgain, rumors. But seems the way the ball is rolling downhill, don't ya know. Looking kinda 'meager' for any type of mining until well into 2020, IMHO. Brad
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great things get worse not better.
This is why we never can have 'nice' things anymore! ![Sad](https://bitcointalk.org/Smileys/default/sad.gif)
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Me?
I think the price of LTC is going down because IMHO about 70% of the network is Bitmain L3's or L3+'s.
Thus, if they are mining underwater with that equipment, all these folk be it data halls or home users are dumping LTC before
the 10th of this month to pay bills etc.
So when a mess of Bitmain L3+ folk get eventually (could take a couple of months) then the difficulty will dump...then of course all the L3+'s
will come back up and no profit...this will go on for a bit until even the most novice of miners will figure out that they may as well leave the Bitmain
L3's or L3+'s off. It is not like an Innsolicon A+ next-generation unit, compared for what it cost, even after the Bitmain stuff goes off is gonna make
big money anyway.
But it is gonna take 6 weeks to a month for folk with these units that every time the difficulty goes down and they put the stuff back up...they are
still mining in the hole. Miner Capitulazation they call this. Just sooooooo...many of these Bitmain L3+ toasters it is gonna take a while for this to sink in.
Of course, LTC development better get their ass together and get Mimblewimble out and/or some such or this won't matter too much..price wise..in a few
months, IMHO.
let the yo/yo of difficulty vs equipment and LTC price begin!
Drama! Despair! Suspense! Angst! Surprise! Dismay!
Anyway, hopefully, I'm dead wrong, on my take on the LTC drama of difficulty/price and drama!
Brad
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Again, out of the country, I had an offer of $900 Innsolicon 30TH at 2,200 watts with $50 shipping to the states. Don't help me any with 36.7% tariff and import fees etc. This comes out to $1,307.20 there vs with USA tariffs after September 1st, 2019 or if you are a VAT Tax country..you may be sh*t out of luck on all this.
Hosting overseas legit? meh...?
I could post the info here and flesh it out some to see if legit. Indeed even pay the guy after I got this $1,307.20 30TH beastie for a review. Not worth the bother. Sorry. Hopefully, this is NOT off-topic in that just showing the difference in prices I'm being offered by individuals on the above Innsolicon. If they make a legit offer of say at 53TH at 3200 watts for say $1,499 I may just cry. I'd still be way out of the running in the USA.
Sorry, again, this SHOULD be on-topic just to show what is floating around in the wind for prices, in and out of USA anyway. Stuff that needs to be at the forefront of our miner calcs now the 36.7% frigging tariff.
Again, if you really want the contact info to flesh this out in this thread I can put it out there, but without a 'pay when you get it' and a review, I'm not going to. In that does me no good in the USA. So have legit links now for this new hardware page that is not even worth the hassle of my time in venting on a pay after it arrives review with the tariffs.
brad
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