What is your fuck you level that you would need? $6million, like Biodom?
er, it is what you calculated/implied from the $150k/year to "live OK in my area" that I provided. It is just a matter of living in our city, not that i spend too much on nonsense. I am sure that I know of a few places where I can live very well on a quarter of this, but why fantasizing about "fu status" and only talking about "fu" in some cheaper country and/or smaller cities and or rural areas? I'll up the ante and say that, actually, 250K/year is more like it (for "fu") or $7.5mil if it is realistic or even possible to live 30 years more. If 40 years, then it is $10mil, lol. Yeah if you live in my suburb and own the house out right. With it paid off and a new car paid off. you still need 100k a year pretax to be okay. with the assumption health insurance does not get stupid expensive. I am 63 my wife is 64. So 30 x 100k = 3 million pretax I would be good. So if my coins became 6,000,000 I would sell 1/2 pay the tax and hodl 1.8 million cash along with 3 million in coin. Problem is I doubt my coins go to that value. ( ie don't have 12btc on hand) |
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moonshot 14k by oct 1
and ath soon after.
I thought about this a lot. And i am pretty sure that is going to happen.
Don't tell me that your thoughts are able to predict the future. I am not going to believe it.  Yes they can and very often do so. I know it is hard to believe so I don't talk about it a lot as most people would think I am kidding or I am crazy. In this case I am simply giving all on the thread a chance to load up. Especially proudhon this post is dedicated to him with an honorable mention to mindrust as they both could make some nice profit here. |
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Most people think a government ban is the biggest risk to bitcoin. But with MicroStrategy now having a third of it's market cap in bitcoin, do you really think governments will tank stock markets? Risk of ban will get smaller and smaller when more listed companies follow MSTR.https://twitter.com/100trillionusd/status/1306119800255639559?s=21If Apple and Microsoft announce a long term holding position in BTC Along with Samsung ,AMD and Nvidia. 500k a coin could happen. Something to dream about. |
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Oe Proudhon posting, super bullish!!
Question; has anyone ever had Bittrex not crediting coins to you after a trade? They seem to have misplaced .21 BTC of mine and it's a total hassle getting them to admit to that. I also found it peculiar that "coins not credited" is one of the standard subjects you can apply to a support ticket...
happened in coinbase pro...had to send multiple emails to straighten it out. coinbase and bittrex have both done it to me. they fixed the mistakes in 24-36 hours. and coinbase once sent my bank 2 x 3000 dollar withdrawals vs 1 they took about 30 hours to fix it. @ biodom segwit and ln networks are not killing btc at the moment not a fan of them as they don’t truly solve scaling issues. time will tell if they will work as intended |
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You buying these numbers ? "As for the mining performance itself, the GeForce RTX 3080 has a mining rate of 73-74 MH/s out of the box on Ethereum DaggerHashimoto algorithm. The performance reaches up to 82-84 MH/s and overclocking the card leads to a maximum performance output of up to 92-93 MH/s. Currently, the AMD Radeon RX 5700 XT outputs around 50-54 MH/s while the GeForce RTX 2080 Ti delivers up to 54 MH/s." https://wccftech.com/nvidia-geforce-rtx-3080-ethereum-crypto-mining-performance-leaks-out/I've read that there will be overclocked version of this card in the future, of course you could probably overclock these cards... yeah i think 75 to 90 is likely. and i think running at 160-180 watts will let them do closer to the 75 and pushing at 225 watts will bring 90ish mh personally my best guess is one of them a little better them two amd 5600 or 5700 |
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make sure you have a small spacer between the
the - and the rest of the pcb so you dont solder a short.
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The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts.
If people would understand this very simple mechanism I am sure there will be a massive FOMO. The confirmed science and math that Satoshi didn't understand has to do with how poorly this system functions as a currency. We tried it for a few years. It doesn't work. It's only a bad speculative vehicle, which now people realize and have been dumping for 4 years. The project failed. Neat idea, but fractional reserve banking is clearly better based on all proven and confirmed science and math. I'm glad Satoshi tried this out, but now we know it doesn't work and we can go back to the way things are proven to work best. I am afraid there are not nearly enough people here realizing the magnitude of this current round of Proudhon posting. I mean... if you just look at his history of calling tops and bottoms... it's pretty much confirmed. By science. And all of the sources. And you all think I am joking. But I am actually dead serious. Confirmed. You guys do know what this means is about to happen, right? moonshot 14k by oct 1 and ath soon after. I thought about this a lot. And i am pretty sure that is going to happen. |
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I run two thread ripper rigs. I would not mind having a real state of the art rig. More for bragging then for profit. [/quote] Makes sense. Would be a beast paired. [/quote] Yeah I would run them for a year then sell one to upgrade to next thread ripper. |
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Nice one.
I am a massive gay!
Hello there. I, too, am a massive gay! Nice to meet you. I am an average Heterosexual. Boring as it is. |
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This is actually what matters. Energy spent and not hash power as so many take as main metric of how secure bitcoin network is. Hash power keep increasing because better and better ASIC miners gets built. But if energy put into securing Bitcoin network stays same that means that no matter how high hash power will go the network is same secure as before. The main problem is what also is said in the tweet. These numbers are just his estimations. It is much easier find a hash power number then to calculate energy spent. Actually even better metric would be money spent to pay electricity spent for mining. Perfect but even harder to get metric. Yeah except he is too high. he has 96,029,700 mega watts per 2020 year that would be 263,095 mega watts per day or 10,962 megawatts an hour. my 2020 hourly estimate was about 7100 megawatts on the high side based on 50 watt per th gear. my 2020 hourly estimate was about 5670 megawatts on the low side. based on 40 watt per th gear. he used 70-75 watt per th gear and I do not think that is accurate still whether we use 5,700 mega watts an hour or 7,100 megawatts an hour ------ my best guess for nowor 10,900 megawatts an hour it is a lot of energy per hour. |
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Going for at least one or two cards. But I want the 3090 more then the 3080
Curious as to the reason/s you want the 3090 more than the 3080? I run two thread ripper rigs. I would not mind having a real state of the art rig. More for bragging then for profit. the less state of the art gpus running out there, the more chance of ROI, plus the earlier it runs the better. just like ASICs but better since nvidia and amd does not run them in farms before selling to the public heheh even if does not ROI 100%, at 50% ROI you are still a winner (at small amount like 2 gpu only)...but we all hope for the best a x4.5 to x5 vs 1080ti on other algos, is a winner for me and might be worth the risk, not "all in" for me still weighing and projecting things (subject to change). Yeah the farm is loaded with a lot of gear. but I always like to run a few state of the art pc rigs at home. |
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no the 5700 does 51 at 125-135 watts at wall on k-watt meter 2.45 watts to 2.64 watts a mh
balls to the wall clocking at 180 watts to get 58mh is doable but not smart.
the 3080 is almost exactly equal at the lower clock of 210 watts. it is around 2.44 watts
So to me these cards are very close to the same in efficiency.
Okay, so 3080 still the best option then, density is always better unless big navi surprises us which i dont think it will. Yes it is marginally better, but better. 2x 3080 cards would be 1600 + 180 for the mobo/ram/cpu/psu and room for 2 more cards rig I show below has 4 cards at a cost of 1300 + 180 = 1480 so 1480, 470 watts board full or 2960 for 2 rigs doing 310mh at 940 watts or 1780 , 470 watts board can add 2 cards. or 3380 for 1 rig doing 320mh at 940 watts you save some space with the 3080's it costs a little takes up more half the space and my 8 slot boards are fine with 940 watts the gear would not over heat. of course you need to pay 800 a card if price goes ballistic they are not worth more then 800 a card.  |
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Going for at least one or two cards. But I want the 3090 more then the 3080
Curious as to the reason/s you want the 3090 more than the 3080? I run two thread ripper rigs. I would not mind having a real state of the art rig. More for bragging then for profit. |
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Pulled these estimates from the site that Vosk used in his latest video which I didn't find to informing. https://cryptoage.com/There are some numbers that look like they could do a decent ROI if they ring true and prices hold up. Obviously eth comes in a little higher than their estimates. MTP seems to have taken a big drop recently. RTX 3080 GPU Mining Hashrate (Estimated) Algorithm GTX 1080 RTX2080 RTX2080S RTX 3080 (forecast) Ethash 40Mh / s 44Mh / S 44MH / s 67MH / s Zhash 73Mh / s 99Mh / s 111MH / s 327Mh / s BeamHash3 18.9H / s 26.5H / s 30H / s 88H / s MTP 2.6MH / s 3.9MH / s 4,4MH / S 13MH / s GRIN32 0.4H / s 0.65H / s 0.8H / s 2.36H / s I'm thinking the play may be to flip a few while supply is short to finance keeping one or two and a few amd's. other algos at 3x hashrate is a no brainer hehe. let's go boys, time to raid the stores  Count out mtp from equation, zcoin had block halving few days+they should change algo by end of year.There is no other big mtp coin atm but the new Algorithm could be good. for me these are a small improvement over amd 5600 and amd 5700 cards. but that is always subject to change. |
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65%, 210W, 79.8 MH/s Thanks for the link, 2.6 watts per mhs is not bad. The 5700 does 58 mhs using 180 watts, 3.10 watts per mhs. The normal rx 570 does 30 mhs 130 watts, 4.3 watts per mhs. The radeon vii does the same hashrate and uses the same 210 watts, however i would still prefer the 3080, so, the 3080 is the winner because it would be used for everything, radeon vii only good for eth and few other algos. no the 5700 does 51 at 125-135 watts at wall on k-watt meter 2.45 watts to 2.64 watts a mh balls to the wall clocking at 180 watts to get 58mh is doable but not smart. the 3080 is almost exactly equal at the lower clock of 210 watts. it is around 2.44 watts So to me these cards are very close to the same in efficiency. |
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Going for at least one or two cards. But I want the 3090 more then the 3080
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you must be persistent
be patient
be professional
be persuasive
be polite.
tell them that 50usd is far too small.
ask for 1000usd in btc to an address for a refund
you are in for 3300 and have two working boards.
you should get 2200 usd
but are willing to take 1000usd.
point to this thread. tell them they have given much larger amounts to other customers.
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well they are not great. https://videocardz.com/newz/nvidia-geforce-rtx-3080-ethereum-daggerhashimoto-mining-performance... NVIDIA GeForce RTX 3080 ETH (Dagger-Hashimoto) Power Limit...........Board Power......... Hash Rate (Stock)..... Hash Rate (OC) 100%...................~320W................~81.2 MH/s...............~89.1 MH/s 90%.....................~290W................~81.3 MH/s...............~89.5 MH/s 80%.....................~255W................~80.9 MH/s...............~88.4 MH/s 70%.....................~225W................~80.7 MH/s...............~87.8 MH/s
65%.....................~210W................~79.8 MH/s...............~86.0 MH/s60%.....................~193W................~60.2 MH/s...............~61.3 MH/s Please note, this was only a quick attempt to get the hashing values, not a full long-term benchmark: NVIDIA GeForce RTX 3080 Stock The 92-93 MH/s hash rate was only seen for a short period of time. NVIDIA GeForce RTX 3080 Memory OC by WhyCry Facebook Twitter Reddit ... not impressive I bolded the sane settings and the gear is power hungry it does not look as good as amd 5600 xt. 2 cards of amd will do 80mh at 180 watts |
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It's certainly going to take a while to compile the data we'll need but I think we're going to find that recent mining of blocks far outweighs earlier mining in terms of the power requirement. My hope is that it will be enough of a difference to make the error very small even with the assumptions that will have to be made.
I've been dealing with migraines for awhile now and just trying to think on this is making my head hurt, Good luck man, I can't wait to see what you come up with!  we use 5000 to 7000 megawatts an hour for sept 14 2020 which is 120,000 to 168,000 megawatts a day. based this on 135eh at 50 watts a th that is 6750megawatts an hour second estimate based on 135eh at 40 watts a th that is 5400 megawatts. an hour. add five percent for servers, cooling,and network resources. maybe 5400+270=. 5670 low and. 6750+ 330= 7100 high lots of power. now lazy sloppy number for all time is 168,000/2 x days we mined and i think it will be too high. i also think 120000/2 x days we mined is too high. i get those long estimates by using 0 for day one and 168,000 for today which gives an average of 84,000 or the lower one of 0 + 120,000= 120,000/2 = 60000 i am thinking the life long estimates will not be correct. at all. but the estimate for today sept 14 is decent. |
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