My point is that this is so low on the totem pole, who would continue to believe in this thing a year later? I mean, look at coinmarketcap. If you want to mine a bag and hold it, so be it, but I certainly wouldn't be putting much hashpower towards it. This is the only place that I've ever heard of trk being mentioned and an entire year has gone by. It's a failed project. |
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Oh God ... Just looking at the charts for the first time in a few months ... Lol.  ... This shitcoin is going nowhere. Broken. |
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LTC TO THE MOON!
I guess Charlie was right in his tweet last year that everyone gave him shit about. And no matter how you feel about him selling the majority of his LTC during a bull run, it was the correct financial move at the time. |
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Agree mostly with the poster directly above me. I guess the "cry baby" didn't come back to respond. Hopefully he is reading savingadvice.com or something similar. My guess is that he thought he was going to make a business out of crypto that netted him high daily returns, so he could quit a shitty job. He was sadly mistaken. Keep your job at Subway. I like their sandwiches, sometimes. If he would have looked back far enough and fast enough during the time that he was overpaying for gpu's, he would have seen the writing on the wall.
I don't know what his electricity cost is ... Perhaps it's 3X what I pay. He is in Europe, if I recall. If I paid 0.30$usd/kwh, I would most certainly stop mining and sell my hardware. Probably never would have started mining to begin with, if the electricity cost was that high.
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Amazon and Newegg don't ship to Iran?
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people are not switching off their machines because THEY TAKE FOR GRANTED THAT THIS SITUATION IS JUST A STONE IN THE ROAD AND THE MARKET WILL GROW. They have no basis, no data, not even any technical analysis to suggest that that is bound to happen. That's just crazy. - There are no guarantees in life. I wouldn't want to live my life without taking risks that are reasonable to me. The market will eventually grow. BTC isn't going anywhere. My basis for that prediction is the past. Have you ever looked at historical data? Get over it, you're never going to find "proof" that btc will be worth X amount of dollars in the future.here, are even guys that have posted saying they are mining at loss. For a miner, that's mad. like really mad. it would be better to buy directly the coins than mine for them at loss. That makes no sense. but i think is this mad world of crypto, almost nothing makes sense. - I'm not mining at a loss, but I'm not doing as well as I was earlier in the year. Sounds like you don't know anything about mining other than ETH. I'm not converting anything to fiat either. Never have. I'm placing my bet on the btc price being several times what it is now in the next 3-5 years. If someone wants to mine with the hardware that they already have at a loss and has that same belief, why would they shut their rigs off? That's what doesn't make sense. Either shut them off and sell them or continue mining.My mining rigs have been off for about 7 days now i think. Difficulty is increasing, so don't be that stupid to say that if i turn them off you win more money. Those are words that only a fuc.ing moron would say. Are you selling your rigs? If you're just waiting for a coin price to go up and then turn them back on, you're the fucking moron.
Difficulty is only going to continue to increase. If you are just sitting on your rigs, they are becoming less and less valuable, while you are getting nothing out of them. Even at this low prices, there is not an instant pump, so this means noone is willing to buy this coins. NOONE. If this situation continues another 24 hours more, we will see another dump in prices to about 300$ per ETH. If there is another bitcoin sell off, eth will probably decrease in value as well. I really don't think you understand the concept of trading. For every sell order filled, there is a buyer on the other end.most of you have BLIND FAITH. My experience in this world has shown me that morons are the ones the die the first. If you don't risk you don't win right? i guess most of you consider this a small stone in the road. I'm afraid it's bigger than you think. I agree. You shut your rigs down, rolled over, and died. I guess you're that moron that you are speaking of. But hey! enjoy your actual loses mining. My question is: how many more hits are you willing to receive before you consider, for the first time ever about this, that the situation is really tough and that there is a big possibility that the market dies??? I will not mine for loses. That's not my idea of mining. Well I haven't taken any hits, because I haven't sold any crypto for fiat. I've only traded mined shitcoins for btc when the trading pair is acceptable to me. The situation really isn't that tough for me. I have the funds to pay my electrical expenses by other means than selling mined coins. Big possibility that the crypto market dies? Are you high? i'm not even going to bother quoting you, sorry. you talk about "reasonable risk". but denying the situation, you are actually not being reasonable. In fact, you don't even consider the idea of a big crash of this market. Not even watching and suffering the signs. It's a reasonable risk to me, because I only have about 25K usd invested in mining hardware and maybe another 10K usd that I trade with. If it all goes to zero, so what. It's not my life savings. It's a small drop in the bucket compared to what most people will earn in their lifetime. It could go either way and that's the risk that I'm willing to take. I could also die in a car crash tomorrow. No one can predict the future.SEC has postoponed their decision to 30 September. Only this caused a 10-13% drop over the last 24 hours for ETH and like 10% for BTC. Imagine what will happen if they deny that. CAN YOU IMAGINE??? What will happen if by 30 September SEC does not allow them to operate??? Ohh no, wait, you are above reality. the only thing that matters for you is your blind faith. You are not willing to accept anything the differs from your blind faith. Just an FYI, the SEC can continue delaying their decision until Feb 2019 on the CBOE ETF, if they choose to do so. There are nearly 20 ETF proposals currently being considered. Winklevoss ETF got shut down on their second proposal a week or so ago. If anyone is going to get an ETF through, I believe that it will be a CBOE partnered ETF, because they are already in BTC futures market. And a SEC green flag isn't the end of the line. There will still be more red tape, before they can actually operate. My best guess is that we won't see any ETF's in 2018.i'm not selling my rigs. Your idea is: continue mining, even if i have to pay the electricity bill from my pocket because i know the coin will recover it's value. BTW, you have no fucking idea if that will happen. Just blind faith. my idea is: i will not pay money out of my pocket to pay electricity, because if that happens, i'm a holder, and hodlers are better off buying the coins. Consider this. With the money you are paying everymonth for electricity, you could by more coins and be more profitable than paying for electricity. Are you sure you are not the MORON HERE??? Never said that I know the crypto market would recover and surpass all time highs. I said that I'm willing to make the bet that it will over the next 3-5 years. I said that is the risk that I am personally willing to take. To each their own.BTW, i sell my coins for fiat once every two months, and only the amount to pay my electricity. Once i get ENOUGH profit by mining, i will turn them on. Sorry, i will not money on loses. Do it yourself. Sorry for your loss. Difficulty will increase. and no doubt in a few months your rigs will get less and less coins, but paying the same amount of electricity. ASIC is already destroying you. But you don't know it yet. YouŽll discover it yourself sooner or later. In your case, probably later, i guess. ASIC's are not destroying me, because I'm not mining an algo that has ASIC's on it.the concept of trading is simple. more than you are. it goes like this. traders buy the coins the cheapest possible. the more you buy, the more the price will pump. Stupid people join the hype-train and buy, influenced by other stupids saying: hey!!1 jump in now or regret it!!! Those stupids are in a bull trap, but they don't know it. those initial traders, after getting their 5-10% will sell their coins for profit, because NOONE CARES ABOUT TECHNOLOGY. iS ALL ABOUT PROFIT. If the coin continues to increase in price, traders will hold it for 6-12 hours. If it stops, they will sell and drop the value of the coin. If that drop triggers more sells from other inverstors, they will place buy orders are low prices, and if that prices is achieved, than they will buy. The market is so manipulated that a big whale can push the coin up him alone. Trading is always about profit. Whether it's short, mid, or long term, it's always about gains. Doesn't matter if you're trading btc to gain more fiat or you're trading mined shitcoins to gain more btc. It's always about gains. IN ANY MARKET! WAKE UP DUDE! I'm sorry you've lost more than you can afford, but maybe you should go trade something boring like Forex or just stick to putting money into your 401k. I don't think crypto is for you.the market has lost 25% cap in just 1 week. currently at 225 billion, from almost 300 billion. Noone buying coins. LITERALLY NOONE. So, are they waiting for the price to drop more to buy? how much more?? so people are willing to buy a coin that is "valuable" but they are waiting for it to be less valuable to buy it. God lord will push the "valuable" coin later, don't worry. Money grows in trees right?? Is that your idea??? The btc market alone dropped from 19kish to 13kish during the week of 12-18-2017. That's more than 25%. What's your point?never mind. you are one of those believers that will prefer to die mining that accepting they are acting like real morons. i don't blame you. this forum is toxic. Reality does not matter here. Hype is everything. And hype will dissapear anytime soon. Just enjoy your coins. who knows, tomorrow you can wake up and see a big 0 on your account. If that happen, i will be here. YouŽll make my day. Again, I'm very sorry that you're not feeling well, probably due to the fact that you have lost a lot of money. I would suggest meditation. Also, take a break for this forum and/or anything crypto related. This forum is only toxic, because people like you make it that way. I'm realistic. I know the entire market could go to zero and I've accepted the risk with peace. |
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why he quit. i think many altcoin for experiment and have profit for cash. he just need know manage this. as i know gpu is longer. and easy maintaining. well for now price is low hope gpu low for buy new equipment~
He quit due to hopelessness and rage. |
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all coins are becoming centralized. ALL OF THEM.
ASIC is destroying the world of crypto, and only rich people are taking advantage of it.
in fact, almost all ASIC that are being sold a much more power efficent and faster. It makes no sense buying gpus for mining. And investing on ASICS is only in hands of rich people.
It's a complete scam and disaster. They said crypto was DECENTRALIZED. But in fact it's totally centralized and manipulated. Total SCAM.
add that prices are going down, and they will go crash in 1 week, to the value of ALMOST NOTHING, that's a TOTAL AND ABSOLUTE REKT FOR PEOPLE.
wow you wrong here. asic have cheap too lol. some of them greedy but for someone have impact too. we can have cheap asic and have GPU for lower. why not? this our decision not yours....like me asic for some experimental small mining scale for experiment of some coins future. but gpu for long time as have easy maintaining than asic. there have + and - asic and gpu. He's just upset. He rage quit gpu mining a week ago. |
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people are not switching off their machines because THEY TAKE FOR GRANTED THAT THIS SITUATION IS JUST A STONE IN THE ROAD AND THE MARKET WILL GROW. They have no basis, no data, not even any technical analysis to suggest that that is bound to happen. That's just crazy. - There are no guarantees in life. I wouldn't want to live my life without taking risks that are reasonable to me. The market will eventually grow. BTC isn't going anywhere. My basis for that prediction is the past. Have you ever looked at historical data? Get over it, you're never going to find "proof" that btc will be worth X amount of dollars in the future.here, are even guys that have posted saying they are mining at loss. For a miner, that's mad. like really mad. it would be better to buy directly the coins than mine for them at loss. That makes no sense. but i think is this mad world of crypto, almost nothing makes sense. - I'm not mining at a loss, but I'm not doing as well as I was earlier in the year. Sounds like you don't know anything about mining other than ETH. I'm not converting anything to fiat either. Never have. I'm placing my bet on the btc price being several times what it is now in the next 3-5 years. If someone wants to mine with the hardware that they already have at a loss and has that same belief, why would they shut their rigs off? That's what doesn't make sense. Either shut them off and sell them or continue mining.My mining rigs have been off for about 7 days now i think. Difficulty is increasing, so don't be that stupid to say that if i turn them off you win more money. Those are words that only a fuc.ing moron would say. Are you selling your rigs? If you're just waiting for a coin price to go up and then turn them back on, you're the fucking moron.
Difficulty is only going to continue to increase. If you are just sitting on your rigs, they are becoming less and less valuable, while you are getting nothing out of them. Even at this low prices, there is not an instant pump, so this means noone is willing to buy this coins. NOONE. If this situation continues another 24 hours more, we will see another dump in prices to about 300$ per ETH. If there is another bitcoin sell off, eth will probably decrease in value as well. I really don't think you understand the concept of trading. For every sell order filled, there is a buyer on the other end.most of you have BLIND FAITH. My experience in this world has shown me that morons are the ones the die the first. If you don't risk you don't win right? i guess most of you consider this a small stone in the road. I'm afraid it's bigger than you think. I agree. You shut your rigs down, rolled over, and died. I guess you're that moron that you are speaking of. But hey! enjoy your actual loses mining. My question is: how many more hits are you willing to receive before you consider, for the first time ever about this, that the situation is really tough and that there is a big possibility that the market dies??? I will not mine for loses. That's not my idea of mining. Well I haven't taken any hits, because I haven't sold any crypto for fiat. I've only traded mined shitcoins for btc when the trading pair is acceptable to me. The situation really isn't that tough for me. I have the funds to pay my electrical expenses by other means than selling mined coins. Big possibility that the crypto market dies? Are you high? |
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Asic's are for rich people? Lol. Anyone can buy an asic, if they want to.
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GFY |
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UPS's for that many gpu's isn't cost effective. That is a lot of wasted money in my opinion.
If I have a power outage, the rigs come back on with the power with the bios setting mentioned above.
Agree with you on MS Windows. That OS was a pain in the ass for me with Pentium processor's and 8gb ram. Switching all of my rigs (with the exception of my Vega rig) to SMOS was the best decision that I ever made. Makes it very easy to switch coins, power settings, fan settings, and overclock settings from anywhere you have an internet connection. I do it with ease from my phone, if I need to. Switched pdu's are a big help, but since I moved all but one rig to SMOS, I haven't even had the need to use my switched pdu to cycle power remotely.
I'm mining with 31 gpu's and heat started to become a major concern for me when spring rolled around. Each rig has a 20" box fan behind it. I ended up installing a 3500cfm exhaust fan and it has been working very well. We're currently in the hottest month of the summer here and gpu temps are in the low-mid 60's C.
Chasing very new speculative coins with all of your hashing power probably isn't the greatest idea, in my opinion. There has been one that I started mining back in April that I'm glad I mined for four months with the majority of my hashing power. Wish I would have started mining it a few months earlier when I first heard about it, but that's the game we play.
All things considered, I'm happy with the experience that I've had in the 9-10 months that I've been mining. It's obviously much different than I had originally expected back in November. More of a roller coaster, with the current bear market. However, if you can hold your coins and sell for btc with the pairing is up, pay your electricity without cashing out mined coins, and then just hold in btc for 3-5-7-10 years ... My best guess is that you're going to come out of it very well. It's certainly possible that you could lose everything that you invested, but I'm playing the long game on this one. We'll see what happens.
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Not much of anything on CL here. Some 1050's and 1060's. $1400 for a 5X 1060 rig. $2600 for a 6X 1070 Zotac Mini rig. $1500 for a 3X 1070 rig. $800 for a lone 1080ti ... Lol. A few people asking way to much for older hardware that I wouldn't give anything for.
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I have contacted already these guys ( Ireland somewhere ) - they have answered my first email but when i have said i want to send somebody in person to collect as the amount is substantial - no answer so far ... also the address they give is some dead road in a village ... without exact number ... so all points to either scam or people who want to pre-order and collect the money first and then pay for the order they have placed and make a quick buck - everyone can do the same so i do not think it is going to work anyways.
I really would like to know when these FPGA will come to Europe - lets organize something - guys from AllMine - suggestions how we can do that ? Obviously no one can collect money enough to order 1000 pcs - so at least you should appoint somebody in Europe to be your representative and to post it officially so the people know who to trust .
Otherwise shipping everything one by one from USA or China is going to be expensive for anybody ...
We offered worldwide delivery with our batch. If you missed out you'll need to wait for the next batch. Is the next batch still promised for December 2018? Will there be any improvements/upgrades to the board making it a "version 2" or will it be completely the same? Lol ... Dec 2018? This is looking more and more like Bitmain ASIC stuff. |
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Not sure if i remember correctly but you might have some luck checking out the FPGA discord group: ( https://discord.gg/25DpDCS). Not sure if thats where i saw it, but i once saw downloads links to bitstreams from that or some other discord group. Anyway, just stumbled upon the Zetheron website recently. Congratulations to whitefire, senseless, GPUhoarder, and everyone else that has pushed this to succeed. Hopefully this is a step towards further decentralization away from ASICS. I'll check it, of course, thanx. Don't get me wrong, but I hope that 4% fee is high enough to make all possible downloads easily accessible for each potential donator (aka cryptoFPGA end user)... Should be way less. Like a lot less. |
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Glad I didn't buy into the FPGA stuff a month ago, to be honest. I mean, I like the fact that people are trying ... These guys need to keep trying. The headway that you are making isn't ready for mass mining market, that's for sure.
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And again ... Why? If he wants to learn about mining and has no knowledge of mining or trading crypto, why would he want something that he can mine one coin with? I don't understand.
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Been out of the ASIC loop for a while.
A buddy wants to get a quiet (non-loud) ASIC to play around with Cryptos. He will be sleeping in the same room as the ASIC and wants it to make heat and noise but not too much heat and noise.
Only one I Could think of was that Antminer S7-LN that he can hack and add some case fans.
Any other quiet ASICs out there? Similiar to an Antminer S3 in noise?
He wants to play around with crypto's? If his only interest in mining is to trade for other crypto's, he might as well just start learning to trade. And if he wants to learn anything about mining, buying an ASIC isn't going to teach him anything. ASIC's are plug n play with zero ability to switch algo's. |
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how do you survive in this bear trend with mining? I admire your goals and long term efforts and one day I hope to have your dreams, But how do you survive this winter storm?
I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat. I wish more people had this understanding. I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits. I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you. Maybe it will work out in the end, maybe it won't. You don't get ahead in any business without taking risks. It's very hard for me to look at the long term picture where I am paying on average 35 cents home mining with 31 gpus. Tier 3. I think I'm losing $200 every month. Not sure how long I can keep this up. Just using my day job to cover electric cost and not selling a single coin You're paying 35 cents usd/kwh? Where do you live? And yes, if that is the case, I wouldn't be mining even on a small scale. That's almost four times what I pay for electricity in the Midwest United States. I'm paying around 0.09-0.010 usd/kwh. I don't know what kind of gpu's you are mining with, but we're mining with the exact number of gpu's ... I have 15 1070ti's, 6 Vega 56's, 2 1080's, and 8 1080ti's. At 80% tpd, it's costing me about $500/month ... That's with box fans, exhaust fan, ect. Yes I think we sorta followed the same path, I got into crypto early last year, I mostly bought coins, took profits to buy gpus throughout the year as a hedge. For gpus I have these below. 31 total. Running at max efficiency 60 TDP, Titanium t2 power supply, 240 volt setup with 1400 cfm ceiling exhaust fan, Uses about $1k in electric and coin generated somewhere around 1k worth breaking even. 1x- 1070 18x- 1070 ti 3x - 1080 9x - 1080 ti for Asic i have, these are hosted 1x- z9 mini 1x- x3 1x - L3+ Overall Asics might be a better choice for me, Once the early phase is over I have a chance to host them easily. GPU's are so finicky and large so not as easy to host. Home Mining in california san francisco bay area is not easy in bear trends. Maybe you should look into getting your gpu rigs hosted somewhere that electricity isn't as expensive. |
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how do you survive in this bear trend with mining? I admire your goals and long term efforts and one day I hope to have your dreams, But how do you survive this winter storm?
I guess he is not selling any coin he is mining right now and the money he has, he is using to pay the bills as he goes, mining was profitable, last year was 100 days to get your money back, so he might be at loss today but last year he was up, so there is a balance there, fat cows last year, slim cows this year and hopefully fat cows next year, this is called planning cause everybody knows fat cows will lose weight and then regain it back and will lose again. That is how life is in general, ups and downs, need to be strong when cows are slim and wise when cows are fat. I wish more people had this understanding. I can't wrap my mind around how some people just can't look at a longer term picture and only look at daily fiat profits. I can't say it enough ... If you're cashing out into fiat on a regular basis, mining isn't for you. Maybe it will work out in the end, maybe it won't. You don't get ahead in any business without taking risks. It's very hard for me to look at the long term picture where I am paying on average 35 cents home mining with 31 gpus. Tier 3. I think I'm losing $200 every month. Not sure how long I can keep this up. Just using my day job to cover electric cost and not selling a single coin You're paying 35 cents usd/kwh? Where do you live? And yes, if that is the case, I wouldn't be mining even on a small scale. That's almost four times what I pay for electricity in the Midwest United States. I'm paying around 0.09-0.010 usd/kwh. I don't know what kind of gpu's you are mining with, but we're mining with the exact number of gpu's ... I have 15 1070ti's, 6 Vega 56's, 2 1080's, and 8 1080ti's. At 80% tpd, it's costing me about $500/month ... That's with box fans, exhaust fan, ect. |
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