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1221  Alternate cryptocurrencies / Mining (Altcoins) / Re: Are 1070 TI's the next best GPU for mining? 4.7 sols per watt on: December 16, 2017, 08:23:42 PM
Does it matter what brand?
Local seller has gigabyte 1070ti gaming.

Btw, great thread as far as this gpu goes. Can anyone share some 1070ti vs vega 56 thoughts?

 I refuse to buy anything else Gigabyte other than POSSIBLY Aorus models, due to the junk fans they use.
 That SPECIFICALLY includes their "gaming" models.

 Anything that uses ball-bearing fans should be fine.


 Vega 56 right now, IF you can find them for anywhere near MSRP, are more profitable per $ due to their massive ability on Monero - but are a MUCH bigger nightmare to get set up and running at max hashrate, AND require the use of Windows 10 to do so at this time.
 However, at the current GOUGE pricing when you can find the cards (OR the 64) at all, they're at best a tossup with a 1070 ti rig on return for dollar invested, but a little better on return per watt used at current relative profitability levels for the cards IF both are run at efficient settings.
 
1222  Alternate cryptocurrencies / Mining (Altcoins) / Re: PSU for 1080ti on: December 16, 2017, 08:16:03 PM
You also need the reserve capacity to handle SPIKES out of the cards - cryptocoin mining does NOT draw a "flat, even flow" out of the power supply though it's not QUITE as bad in general as gaming is about that.


1223  Bitcoin / Hardware / Re: GekkoScience is now dabbling with 16nm ASICs for new designs on: December 16, 2017, 08:13:18 PM
I hate to say this, but at the rate Sidehack is going and with all the time he has wasted on the outdated BM1384 stuff, by the time he gets TO the Bitfury chips to make miners out of them THEY are going to be outdated technology.



1224  Bitcoin / Mining support / Re: Do u turn off your miners once in 2 weeks or month to change air filters? on: December 16, 2017, 08:10:29 PM
My air filters are also input to the room, not on the miners.

The s9 firmware is read only so you dont even need to ssh in and shut them down. We plug and unplug dozens a day with no ill effects.

I see. So u juz off the switch and no issues?
Does ssh and type poweroff help make it abit better? I am into caring for them as much as i can lol

 It's a LOT easier on the power supply for a miner if you software shut it down BEFORE you turn the switch off.
 It's probably easier on the mining hardware as well.

 You may get away with it a LOT of the time, but it's also very hard on the power supply to be shut down while operating at high load.
1225  Economy / Exchanges / Re: Bittrex verification on: December 14, 2017, 01:13:23 PM
It got worse - with zero notice at all in advance, they are not not allowing withdraws AT ALL for "unverified" accounts - and they're making it a major PITA to do verification.

 I have to wonder if their recent "total lack of response from support" is BECAUSE of this garbage.


 BTW - .25 bitcoin isn't SMALL any more, that's ballpark $4000.


 It's seems to be the KYC laws, not the AML laws, that they're citing as a reason.

1226  Alternate cryptocurrencies / Mining (Altcoins) / Re: Sixth alt coin thread I forgot to mod last thread. on: December 14, 2017, 01:10:54 PM


Everthing is insane.... anything can happen.

Do you believe that this is current price of BTC and alts as of this hour, minute....

BTC 16k
DASH 953$
ETH 730$
LTC 305$
XMR 326$


 20/20 hindsight is an Iron Maiden (not the band, the original torture device).

 I could easily have afforded to buy 8-10 bitcoin back when it was under $300, and had I held onto it (instead of spending it on mining gear)....

 Oh well, not like I'm HURTING at the moment. The jump in Litecoin the last couple days finally pushed my A2 farm higher in profitability than their peak under Nicehash, much less their previous peak back before the L3 showed up.


 Bitcoin at 100k?
 Probably just a matter of time - though I wouldn't bet on NEXT year, I would bet it gets there before 2028 - if it still exists at all by that point.


I was about to trash my D3 into the South China seas..... but with DASH this good - all the cubes are hashing away mining DASH.

 I almost shut the A2 farm down this spring as it was getting too close to break-even - then the FIRST litecoin price surge hit.
 Sad part - even with the CURRENT price surge, profitability on those machines is only a LITTLE more than it was last week via Nicehash scrypt mining.
1227  Alternate cryptocurrencies / Mining (Altcoins) / Re: Sixth alt coin thread I forgot to mod last thread. on: December 14, 2017, 01:07:52 PM

So, with that said, there are 2 statements coming from this article (and others) that could be construed as having completely different meanings in regard to the $20k rule.  Now granted, I know this is only from 2013-2015, when i didn't trade any BTC, but I am going under the assumption that the same materiality threshold will be put in place for this and subsequent years, which is what has me concerned.

http://fortune.com/2017/07/10/bitcoin-irs-coinbase/

- excerpt #1: "...only for those accounts that engaged in transactions worth $20,000 or more."
to me, this verbiage indicates the $20k threshold refers to a single transaction. Meaning, like you explain, if you have say 15 sells of BTC to USD for $2k each and spread out over time, you would have $30k total but would not be part of the record forwarding since all single transactions were well under that $20k amount.

- excerpt #2: "to users with “at least the equivalent of $20,000 in any one transaction type (buy, sell, send, or receive) in any one year during the 2013-15 period.”
To me, this could mean that if you sold a SUM TOTAL of $20k+ of BTC for fiat through CB, you would be subject to the record forwarding.

So, to me it comes down to the difference between "transaction", which clearly indicates a single action... vs "transaction type", which really seems like it could mean a sum total of that transaction type. 

It is also a bit strange that they include buy send and receive because none of those inherently indicate a tax liability. Typically, one would only incur a potential liability if they sold BTC to fiat at a gain over their basis in that BTC.  Now of course it's different if you are actually mining BTC because all of that would be subject to taxed, but that's gotta be a minor # of people compared to overall users of BTC.

Anyone have further insight on this?  I suppose I could write to CB support for further clarification.


 Per Coinbase's statement on their site about this, I am inclined to think it is the "$20,000 of one TYPE of transaction in a year", not "if it had any single transaction over $20,000".

 Doesn't affect me as I've not done $20,000 business with Coinbase in any given year, and am deliberately working to avoid getting there.

 What the IRS wants is info that MIGHT indicate a POTENTIAL tax liability, they don't care about ALL the facts being reported or they'd require BROKERAGES to fill out that entire form about stock trades, not just the "sale" part even when the stock was BOUGHT via the same brokerage.

 It also appears that Coinbase might still be working to narrow the scope of the subpoena even more - and that the JUDGE is taking their "invasion of privacy" concerns seriously.

 WHY THE HELL did the IRS want LOGIN AND PASSWORD information, for example (which HAS already been struck by the JUDGE as being way excessive)....


 Noticed a point that clarifies the $20,000 question.

Q–15: Are there IRS information reporting requirements for a person who settles payments made in virtual currency on behalf of merchants that accept virtual currency from their customers?
A–15: Yes, if certain requirements are met. In general, a third party that contracts with a substantial number of unrelated merchants to settle payments between the merchants and their customers is a third party settlement organization (TPSO). A TPSO is required to report payments made to a merchant on a Form 1099-K, Payment Card and Third Party Network Transactions, if, for the calendar year, both (1) the number of transactions settled for the merchant exceeds 200, and (2) the gross amount of payments made to the merchant exceeds $20,000.

 This indicates that the $20,000 is "per year total of all transactions", as it was probably the basis Coinbase used to force the IRS to narrow their subpoena.
1228  Alternate cryptocurrencies / Mining (Altcoins) / Re: EWBF's CUDA Zcash miner on: December 14, 2017, 10:20:07 AM
Never heard of it, my ZEC mining has pretty much always been to flypool direct to an exchange address - and cash it out usually daily, sometimes twice in a day.

 I did have the rigs pointed at Nicehash equihash pool for a while, but then Nicehash got hacked.....

1229  Alternate cryptocurrencies / Mining (Altcoins) / Re: Sixth alt coin thread I forgot to mod last thread. on: December 14, 2017, 10:18:20 AM

100k would be insane. You really believe that Citronick?

Everthing is insane.... anything can happen.

Do you believe that this is current price of BTC and alts as of this hour, minute....

BTC 16k
DASH 953$
ETH 730$
LTC 305$
XMR 326$


 20/20 hindsight is an Iron Maiden (not the band, the original torture device).

 I could easily have afforded to buy 8-10 bitcoin back when it was under $300, and had I held onto it (instead of spending it on mining gear)....

 Oh well, not like I'm HURTING at the moment. The jump in Litecoin the last couple days finally pushed my A2 farm higher in profitability than their peak under Nicehash, much less their previous peak back before the L3 showed up.


 Bitcoin at 100k?
 Probably just a matter of time - though I wouldn't bet on NEXT year, I would bet it gets there before 2028 - if it still exists at all by that point.



1230  Alternate cryptocurrencies / Mining (Altcoins) / Re: How much longer will the 1080Ti be the king? on: December 14, 2017, 10:06:59 AM
Which means they pushed it back AGAIN - previous announcement I was aware of was "Feb 2018" for the first consumer cards.

 Not a shock though, given the great Vega "squib fizzle" as a high-end gaming card.
1231  Alternate cryptocurrencies / Mining (Altcoins) / Re: Are 1070 TI's the next best GPU for mining? 4.7 sols per watt on: December 14, 2017, 10:01:10 AM
Anyone managed to take the settings further with even better results / esp on linux?

 Probably card dependent, and seems to at least in part be mining software dependent.

 It DOES look like the best efficiency point on EBWF is at 104 watts not 106, but it's so close it could be an artifact of measurement limits.

 I tried pushing core and memory harder on one of my EVGA SC cards, but stability went bad very quickly above the +200 core and +700 memory settings (which was an unreported part of my original testing).
 That however might vary with the specific card and probably with the model of GPU.


 I'm not waiting, as I'm not convinced that the Volta versions of the 10xx series cards will be a LOT more efficient.
 10% probably, 20% maybe, 30% I'd bet against - we're still on the same process node, just "process improvements" and perhaps some additional minor optimisations to the designs are all we're likely to see - think of "RX 4xx vs RX 5xx" level changes being the most likely.

 Hint - "12nm" isn't a new node, it's enhancements to a current 16nm node process with a "new name" as strictly an ADVERTISING point.


 Samsung does seem to have some VERY small quantity of production happening on 10nm - but strictly for low-power devices like their smartphones at this point, and they're eating ALL of the output so far.
 Intel is supposed to FINALLY be shipping their first 10nm products next year - but the date keeps slipping.....

 Manufacturing efficiency for both is probably going to be VERY poor on anything they manage to ship at 10nm next year - it takes TIME to dial a new process in, and it seems to take longer every time a legitimate "shrink" happens TO get the new process dialed in.

1232  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Cast XMR] high speed XMR/CryptoNight miner for RX Vega GPUs (2 KHash/s) on: December 14, 2017, 09:50:01 AM
AMD has a blockchain driver for LINUX - but it DOES NOT WORK on the Vega, nor does ANY OTHER driver they currently have available for LINUX that supports OpenCL.
 Their non-PRO driver seems to work on Vega, but NOT AMDGPU-PRO which is needed for OpenCL and mining support.

 Widely reported, and verified on their own support web site.

 In THEORY, this could change at any time - but as of earlier tonight when I checked the primary thread on the subject, it had NOT changed.


 The LINUX 17.40 blockchain driver appears to work on RX 4xx/5xx series cards and possibly some of the older GCN cards, but fan control and clock control are VERY primitive at this point.



 On the windows side, Large Page support (which is most of what the Blockchain driver stuff was about) has been integrated into the "mainline" drivers since about 17.11, but has issues as mentioned.


1233  Alternate cryptocurrencies / Mining (Altcoins) / Re: Gigabyte 1080TI Aorus on: December 14, 2017, 09:42:11 AM
Probably - I've got 3 Aorus at this point and haven't noticed any performance difference at the settings I have them set at.

 I probably won't be getting more though - the "dual 8 pin power" requirement is a PAIN to work with on a multi-GPU rig, other than that they are very good cards.

1234  Alternate cryptocurrencies / Mining (Altcoins) / Re: [Cast XMR] high speed XMR/CryptoNight miner for RX Vega GPUs (2 KHash/s) on: December 14, 2017, 01:13:30 AM
Please make Linux version!

 No point at this time since AMD still has ZERO working drivers for Vega on LINUX.

1235  Alternate cryptocurrencies / Mining (Altcoins) / Re: Sixth alt coin thread I forgot to mod last thread. on: December 14, 2017, 01:10:41 AM
the red foam protects mobo from static I like this idea as my winter humidity drops under 30%

isnt that red foam anti static? if it is then its mildly conductive, which gives it its anti static properties. not really recommended to be in contact with actively running electronics, although lots of people have done it.

 VERY mildly conductive, commonly measured in megaohm / square inch ballpark.

 Probably not an issue as isolation for a computer motherboard.

1236  Alternate cryptocurrencies / Mining (Altcoins) / Re: How much longer will the 1080Ti be the king? on: December 14, 2017, 01:08:58 AM
It also has the longest ROI of any new card:

1080Ti on ZEC - 195 days
---
1060 3GB on ZEC - 165 days
Price from the site nvidia:
1080 Ti - $699 : 195 days = 3.58
1060 -  $299 : 165 days = 1.81

1080 Ti need only 1 extra month after payback that to circumvent younger model in the effectiveness. Already at 255 days, she can earn for you 2 times more money (unless of course it all not fall apart). Moreover, who then will need trash (1050/1060 and partly 1070), with the advent of Nvidia Ampere?

I can't find a 1080ti near that price...I think we still have a GPU bubble going on

 Newegg hits that point on occasional sales, usually the Gigabyte "white" 3-fan Windforce model or the ASUS or MSI blower models.

1237  Bitcoin / Hardware / Re: DragonMint 16TH/S halongmining.com on: December 14, 2017, 01:04:01 AM
Because some of us DESPISE the garbage reliability level of recent Bitmain products.

In large scale deploys Bitmains failure rate is only around 7-8%. While its still on the high side its quite managable especially when you compare it to the 30% failure rate I experienced with Ebangs products. Avalon is still the king with a 1.7% failure rate on large deploys.

 Still 4-5 TIMES the failure rate on Avalon units even if those numbers are correct - and given how much it COSTS to deal with Bitmain when their units DO break too soon and how often they don't do SQUAT to fix issues, totally unacceptable.

 I also have to wonder what the failure rate on Innosilicon units are (and note they make a SERIOUS effort to fix issues when identified) or BW.COM units.

1238  Alternate cryptocurrencies / Mining (Altcoins) / Re: Coinhive for Ethereum, Litecoin, Zcash? on: December 12, 2017, 08:57:04 PM
Never heard of coinhive.

WIthout an ASIC miner though, trying to use something like that on Litecoin isn't going to work worth anything.

1239  Alternate cryptocurrencies / Mining (Altcoins) / Re: want to get started mining litecoin on: December 12, 2017, 08:56:21 PM
If you are going to use a GPU, ignore any coin that uses the SHA256 (Bitcoin and others), Scrypt (Litecoin/DOGE/others), X11 (Darkcoin/others) altogithms.
Those all have multiple generations of ASIC miners available, the EARLIEST ASIC machines in each case blow any GPU away on efficiency.

 If you pool mine, you generally get fairly small amount of coin at a time - depends on where you set the "payout threshold".

1240  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nicehash hacked for 60 Million USD... and now what? on: December 12, 2017, 08:51:47 PM
Just in case you did not hear the news... Will those bitcoins be banned? Will niceHash survive?

Frankly for me this service was really bad for miners. It killed any opportunity of extra profit for miners, so if it dissapears I would be happy.

 How can the bitcoin be "banned"?

 The coin involved in the Mount Gox situation wasn't "banned" and that was a LOT MORE COIN involved.

 Nicehash survival - hard to tell at this point.
 
 Nicehash did NOT "kill any opportunity of extra profit for miners", you just had to watch what was going on and understand how their service WORKED if you used it.
 For Scrypt in particular the last 2-3 months they were consistantly the most profitable option to mine with, other algorithms they varied a lot more.

 Do also keep in mind that you didn't have to use THEIR SOFTWARE to mine with them, or ASIC algorithm mining on their service would not have been possible.

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