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1381  Bitcoin / Mining speculation / Re: Diff thread Apr 1 to Apr 15? picks are closed.... prize = 0.1 btc on: April 10, 2016, 05:20:45 PM
Thatīs quite the spike, given that the BTC price is pretty soft. Maybe itīll fizzle, thereīs four days yet until the adjustment. Is there any new mining equipment coming on line now? That new chip?

BW.com has  the model 11 and maybe now the model 16 most likely it is them and of course the cheap s-7

I think the new one fan S7 is very likely. For them to make a design change I think shows they planned on making quite a few for it to pay off.   So 1/2 fan cost could add up on filling up a data center.   

We also don't know when bitmain hits next gen.  It is likely they looked at designs due to next gen aswell (pure speculation there).

But bitwsidom just gets more ugly:

Bitcoin Difficulty:    166,851,513,283
Estimated Next Difficulty:    177,908,355,847 (+6.63%)
Adjust time:    After 567 Blocks, About 3.7 days
Hashrate(?):    1,322,509,643 GH/s
1382  Other / Beginners & Help / Re: WHICH BITCOIN WALLET IS THE MOST GOOD AND CONVINENCY on: April 10, 2016, 12:02:26 AM
I use localbitcoins sometimes. It's rather effective. The transfers are fast, safe, and secure. I suggest checking them out when you've got the free time on your hands. It's definitely worth it.

I think of them as more of a exchange then a wallet.  This thread is for bitcoin wallets... i guess it might be a hot wallet.  But personally I do not like to keep coins in exchanges there are many examples of this going wrong.

One of few that you might keep a little is coinbase due to insurance.  LBC does not have insurance that I know of like conbase.  So your picking a risky exchange to keep coins on as a wallet in my opinion.
1383  Other / Meta / Re: Bought bitcoin talk accounts on: April 09, 2016, 11:56:48 PM
Quote from: ElMoIsEviL
back in 2013 i used online grammar checker for my posts i not bought my account i not care about sr member or newbie tomorrow i remove all my posts to be newbie again i started and now is back to full member

Why'd you delete your posts, thats shady


And not just change in writing style but other tells

Most likely covering up the fact that this account was bought,can not see any other reason to erase threads and rewrite them after the discussion has ended.
Its not like people are going to dredge up old threads to reopen the discussion enough to make it worth well. On top of the responses not making any sense.
Seems shady but he has also done some things that raised my eyebrow in lending,so this does not shock me.

Can't click on quote appears it might have been deleted.  It is extremely shady but buying an account is not against rules (I'm not pro buying accounts I will admit).  Even deleting history is not against rules, just shows it was bought almost always unless they deleted for was part of scam or something.

What he might get in trouble for is unsubstantial posts with signature - https://bitcointalk.org/index.php?action=profile;u=51057;sa=showPosts look at all one liners and small posts.  It's marginal where its not a total crap post... but a lot of small ones. https://bitcointalk.org/index.php?topic=1430887.msg14481491#msg14481491 is perfect example. So who knows.
1384  Bitcoin / Mining / Re: Pi 2, super miner, IMHO :) on: April 09, 2016, 11:48:46 PM
I've built a Pi2 with a 12 port USB powered hub.  I've put 8 of the 333mhz cpu's in the hub, and power a pair of 5v fans, and the Pi2.

I put a WD750 pocket drive on the Pi2, for the Bitcoin Cache to "live" !

It's taken a whole day for the format to complete on the drive.

I'm using the ethernet 10/100 port, wireless while strong, is hokey... imho

I think I'll be ready to startup BitCoin and pointing the cache at the HD.  Let's see how long it takes to catch up the cache!

Comments/suggestions welcome

JLH

Are you sitting up solo mining or what are you needing the HD for? I'm unsure if you were doing it to be a node, or setting up solo mine from scratch.

Sounds like intresting project as I like those old stick miners due to memories.  I agree with person above would love to see pick of the 8 block erupters.
1385  Economy / Computer hardware / Re: Ohio Miners United on: April 09, 2016, 11:45:00 PM
I am no where close but in US.  Are you able to tell us what you can offer?  I mean what is electricity price your getting? 

I'm just curious as I have not heard much about prices of running a mine in Ohio.
1386  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: April 09, 2016, 11:43:44 PM
I had a s7 die on me today. No lights, fans etc. Checked the power supply and that's not the problem. Any suggestions?

So you have tested psu to make sure it is putting out proper power?  What did you do to check PSU and rule it out?

But to die off totally is rare more often its a blade or something.  For no lights and fan's or anything I would give psu another look over.
1387  Bitcoin / Mining speculation / Re: BW 14nm Miners Update on: April 09, 2016, 11:41:46 PM
BW is currently the #5 hash producer overall accounting for 8% of the network in the world and #1 Cloud mining provider in China. We have a earned a reputation of reliability and quality service in the domestic market. BW looks forward to bringing the same level of service to the international market. Please take a look at some pics of the office, mining farm and a look at the first batch our 14nm miners.Also here's our recent article in Bitcoin Magazine introducing the history and business of BW.

https://bitcoinmagazine.com/articles/the-unknown-giant-a-first-look-inside-bw-one-of-china-s-oldest-and-largest-miners-1444675310

http://imgur.com/a/WHajz

BW will not take pre-sale money from public sales and is committed to decentralization of Bitcoin mining by providing high performance miners to the public. Unfortunately due to incredible demand in our home market from large volume purchasers we are not able to open public sales as previously scheduled in April.

Selling out all your gear to Chinese farms is far from "committed to decentralization of Bitcoin mining"

yeah  I was looking at f2pool stats  300 ph  and 270 ph is located in China  .  This is a problem I figure 60% of the worlds gear is located in China maybe more.

I really looked into f2pools stats  and of the 270ph in China 200ph is with big miners and 70 ph is with small miners

Assuming  Antpool is the same  more then 550 ph of the two are in china and at least 400ph are big farms

not count BW's cloud so more then 650ph in gear is in china

I think this shows what sweet deals they are able to find on electricity.  It's hard to fault these companies for going with China, as much as I would like it to be more distributed. 

Think they can drive a semi from factory to plant with tons of new miners.  So cut down costs there.  They are saving costs and getting cheap electricity.  I don't see it stopping unless electricity prices go up.... then things change.  But a LOT of these business's have already made the initial investments and are just replacing gear at this point.
1388  Other / Beginners & Help / Re: Hi, first day here, question about dangers of buying a full member account on: April 09, 2016, 06:00:17 PM
Thank u for the compliment, this is what I want to do, how do I get accepted on a sig campaign, and how do i buy the bitcointalk account, I dont really know what a signed message for that id means, im a total newb, do u mind elaborating, and i appreciate the help very much so.

Looking from your posting, you are really have a good posting dude. you can easily accepted on signature campaign if you have a good history post. You can buy a bitcointalk account on digital goods section and auction section. Don't forget you need signed message for that id.

And by buying a account you could be missing many topics like how to sign a message. I think you are missing out on so much for jumping into sig campaign and trying to buy an account.  Buying account is a shortcut and it costs you on not having a learning time like most would when leveling up.

Being a "total newb" and jumping into a signature campaign is a mistake.  You are looking for short term gains.   You only get to be newbie status once.. and it is a time to learn.  You honestly are missing out by buying an account.
1389  Other / Beginners & Help / Re: How to collect BTC ?? on: April 09, 2016, 05:56:17 PM
I have tried faucet and they are such waste of time don't bother with this if you don't have some kind of bots..
Signatures are good, but you are on risk to become spammer..
Trading and gambling is very risky. Only what stay is doing something useful for coins..

If you use good posts you have no risk of becoming a spammer just for joining a signature campaign.  If your posts are small or bad, yes you will be treated as insubstantial posts more often due to having signature.    But still for this to happen you did some crap posts.  So do good posts and it is not a worry.

Only thing is some HATE all signatures and you might be ignored by some.   But there is nothing you can do to stop this as its up to each person.
1390  Other / Beginners & Help / Re: WHICH BITCOIN WALLET IS THE MOST GOOD AND CONVINENCY on: April 09, 2016, 05:53:16 PM
I will go with localbitcoins.com as I think that is most convenient wallet as I need to transfer my btc to my bank account and localbitcoin is the best as the transfers are done in fraction  of minutes.

Did they deal with international banks or just local banks only?

It is really more of a exchange then a wallet.  Normally people that use LBC tend to be the ones who don't like having it linked to an account tied to yourself.  If you don't mind it there is much better such as US going with coinbase.   

LBC I think of as people who want to be more anonymous.  Like ones in US who don't want to go with a exchange that follows KYC.
I dont understand your saying. Do you mean work with international banks?

I'm saying if in US I would lean twords one such as coinbase.  It works great with US accounts (each country has different exchanges that are best for it).  So it is very location based.

LBC tends to be people who do not want to give bank info to a exchange or have name tied to the BTC, so it normally costs more then a regular exchange.  Also I think its safer to go through coinbase vs a seller on LBC in most cases.
1391  Bitcoin / Mining support / Re: Mining survey on: April 09, 2016, 05:43:35 PM
What is the best way to mine? Any advice?

First. Tell us what you pay for power.

Right now there is a bubble with eth coin

You need a decent gpu rig and it will make some coin even if your power cost is 15 cents a kwatt.

If you have low power cost like 5 to 7 cents a kwatt you could try Mining Bitcoin

So your power cost is very important.
Your budget do you want to spend 100 or 1000 or 5000

Your ability to handle noise and heat.

I have been heavy on btc for more then a year,but the eth coin bubble now has my attention for two reasons

It makes money and for now is using less power then btc

If your mining bitcoin having area for the gear makes your life much easier.  I have a mining area at this point.   Some gear like S7's are just loud and so is bitmain PSU's with the little fan's.     Some do not realize how much noise these machines can make.

Heat as coming as we go into summer months so some places this is a huge thing.  My weather makes evaporation cooling not a option.  So I use big fan's with high CFM's to get through the summer mounths.  And this is made easier with having a area dedicated to mining.
1392  Bitcoin / Hardware / Re: 1600w S7 power question on: April 09, 2016, 05:32:08 PM
That's for the advice I am in the UK yes Smiley

So how easy/hard is it to add more circuits?

Sara x

Don't do it if you don't know what our doing but opening circuit box can easily tell amps.  It is on the fuses in the box.   If you ever trip a fuse this is the box you reset them.

But again be careful and don't do it if your not comfortable around it.  Lots of electricity goes through a main, which means touch wrong thing bad deal.
What he's trying to tell you is "If you touch the live electrical wires, you will experience extreme pain and may die, will probably die, ok, you will die" No, I'm not kidding.

What he's trying to tell you is "Touch the wrong thing and the best case scenario is you will WISH you had died"  Wink

Seriously though, seeking advice from strangers who are incapable of knowing the details of the wiring in your home ie. the age of the wiring, the capacity of your panel etc. is a losing proposition.
If you are considering purchasing something as power-hungry as an S7 it behooves you to seek the advice of a licensed electrician.
Nobody wins if you decide to fudge something together and the consequences range from fire, property damage (including potentially frying an expensive miner), and, as talks_cheep was so kind to point out, a severe case of death.

Honestly if you are not comparable with seeing amps on a circuit breaker (which I am not pushing as if you touch main possible death as mentioned).  But if you are this far away from being able to look at breakers I would not invest in Bitcoin.  As it's possible you could trip a breaker if use to much... and if you cannot flip it yourself your electrician bills will be big and kill profit.

I know I tripped breakers before before I got a mining area.  It was a game to put some on one circuit and some on others. But if someone turned my microwave long ago I remember it would trip a breaker if I had to much mining gear on it.   So in home mining you can run into this.

But getting a electrician for starting to check breaker, and wire guage.  Is not a bad idea.   Also might ask about getting a dedicated line or two and see price.  All depends on what your long term plans are.
1393  Alternate cryptocurrencies / Mining (Altcoins) / Re: Only have enough $$ to buy one mining rig... SHA-256 vs Scrypt Mining?! on: April 09, 2016, 05:25:14 PM
The op is long gone and this was a 2015 thread.

But with eth coin gpu mining now can make money again.

There is a lot in favor of gpu alt coin mining if you game and have a gaming machine you will discount your gear.

If you build a rig correctly it can last for years .

My ltc rig sat on a shelf for more then 18 months.  I finally got around to firing it up and mining eth coin.
Cost was zero. Now the rig is earning money every day.

Do I think I should build a lot more rigs no I do not but I will run this until it no longer earns a profit then shelf it.

The problem with shelving it was you put nice video cards on a shelf for 18 months, that means they lost value sitting there as new generations of GPU's come out.  And they do always keep coming out with new GPU's.

I personally am more likely to sell GPU's (which I did on almost all my rigs) and buy back in if I want.  ETH has a lot of fan's but has not convinced me to build any new rigs/buy back GPU's.   And I could be missing a big opportunity... but I have a hard time shelling out for GPU's at current point.  I would need to see long term gains personally.
1394  Bitcoin / Mining speculation / Re: I have 3 Million USD to invest into Crypto Currency - How should I do it? on: April 09, 2016, 05:19:41 PM
guess he should have bought some ETH with that 3MM lol

or bitcoin when it was at 200, and sell at around the peak of 500, or simple keep holding for the next boom

He could have made more than $4 million dollars with the bitcoin scenario. Or he could have made $30 million with Ethereum.

That proves money makes money. If he bought so many Ethereum, his buy will move up the price.

Not necessary say he bought when at 900 dollars on BTC.  That would be around 3333 bitcoins and he would have lost around 1.5 million or half of his bankroll.  So it can go both way's.  There are no guarantees in crypto.

Long term speculation is hard to a point where it's almost impossible on some.
1395  Bitcoin / Mining speculation / Re: Diff thread Apr 1 to Apr 15? picks are closed.... prize = 0.1 btc on: April 09, 2016, 05:16:58 PM
I'm already thinking I speculated to low... which I don't like.   Hopefully difficulty does not keep going up but bitisdom is slightly over 5 now:

Bitcoin Difficulty:    166,851,513,283
Estimated Next Difficulty:    175,267,306,640 (+5.04%)
Adjust time:    After 745 Blocks, About 4.9 days
Hashrate(?):    1,228,895,774 GH/s
1396  Other / Meta / Re: How to Change Display name and or username ??? Help pls on: April 09, 2016, 08:24:10 AM
I think that only admin can do such things.
But from all I know it won't be done for jr member accounts.
Best would be to create a new account, even if yours is already about two years old.



They can do it... but read post pooya mentioned - https://bitcointalk.org/index.php?topic=1100903.msg11720132#msg11720132 .  It may seem crazy to someone wanting to change name but to get a name change it would take a good amount of donation to forum.   They don't lower it anymore as it would be unfair to users who paid old price long ago.

Very very few have gotten a name change by asking, some use them as examples and try to push for it to.   But Its a uphill battle that almost all will get turned down for namechange in most cases. 

Honestly being just Jr. Member if you really want a change get a new account and switch over.  If you have to have other name this is best option the longer you wait more you lose as far as rank on account when switching.
1397  Other / Beginners & Help / Re: Is it too late to start with bitcoin? on: April 09, 2016, 08:17:53 AM
Is it too late to start using money?  Of course not.  Huh

people are unwilling to buy, at presumable expensive price, for average joe at least, you don't need to buy fiat to use it for example...

bitcoin need to be acquired directly if we want massive usage, this whole buying thing is not healthy for adoption

Part of it is we need to get "mainstream" normal people to adopt bitcoin.  I know I saw some family this week and one LOVES asking bitcoin questions.  We need to mainstream enough that answering of questions gets people to want to use it.

But a lot of non technical users are hard to get.   I think it starts with more and more sites/places accepting bitcoin.   But if we really become mainstream or if it's some other coin with "blockchain" it's hard to say in the very long term.
1398  Other / Beginners & Help / Re: [TUTORIAL] Earn Bitcoin Here! on: April 09, 2016, 08:13:07 AM

I wish you would have made a guide to find "find out their talents, that have value, and monetize that" instead of trying to get new users to join site for signature campaigns.  They will be much happier long term if you would have helped them find skills they can sell for bitcoin.

You have gave me a good idea.

Sig campaign are overpriced anyway, i  think their payouts will drastically lower in the next months.

And then only those will earn bitcoin who create some value. Grunt work wont make anyone rich.

They already started to lower payouts a good bit back.  Part of it is due sadly to abuse like your recommend.  Using 4 accounts is tying to game the system on sig campaigns.    Imagine if everyone used 4 accounts instead of 1, the more popular this is the lower they pay will become (in most cases). I like some of your other guides but this one seems very short term, and not a long term help.

I would LOVE to see you do a guide on talents they can learn (coding, websites, art, etc).  Maybe throw a resource center in with free but good ways to learn different skills.  You could even go through services and rank them in amount needed and focus on most needed.  Lots of possible ways it could go.  I hope you move more to this as long term it's better for all.
1399  Other / Meta / Re: Account hacked: CryptoCanary. Please help! on: April 09, 2016, 08:05:58 AM
Sadly it can be a slow process. Making a thread and signing in right thing.   But again it can be slow you can look at other threads to see this, admins are busy and this seems more common place anymore.

Best thing you can do in mean time is get DT members to leave temp feedback saying it's been hacked.  This warns others about it and shows up bright red by their name.  I think this is best option in time you wait.    DT members do read meta a good amount... so I expect this is likely outcome.
1400  Bitcoin / Mining speculation / Re: What to do with old miners? on: April 09, 2016, 07:52:12 AM
People buy everything on ebay. Even worthless stuff.
So but it there and hope for the best.

One of the best examples is the block erupters.  They at this point  should be very very cheap.  They were mass made and a lot of us owened more then we ever would want at this point (I sold mine off long ago when the blade was new).   

But people still buy block erupters for collecting (which some do all colors) and learning.  They bring far more then what is logical.  I have sold MANY generations on ebay and it's worked out well.  Only one I have gotten returned was a R1 router as they said it was not a reliable router.... which who buys a R1 to act as a router for other devices to connect to.... but that is another story.
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