Best worst-case scenario. We stagger-step down to 3xxx or 4xxx. 6xxx minimum by 2020.
Am I still bullish now?
50K minimum by 2022. All these that sell now, will end up buying higher and selling lower forever, because they follow the short trend. It is not a coincidence that bears started their last pathetic attack just after the news for ETF appeared. They are afraid that this news can trigger the next bull run that can ovepower their weaker shorting hands. As always the daily traders are fucked up. The hodlers know what is happening and what will be the end of it:  |
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Hi there,
on crypto twitter are few days that some folks are excited about the possibility of BTC to being approved by ETF or something like that.
Folks are excited because this time the application has been submitted by CBOE that is a huge actor, and they think that because of this this time the application will be not rejected, like last time.
I'm a bit scared because since CBOE launched their features the price didnt go anywhere but down.
Please let me understand why this time will be different and why it is a good news for BTC
"Buy the news, sell the facts". The news of the incoming futures was the main reason to see the rise from 7K to 20K. After the futures started trading, even the most ignorant traders understood that futures are not related to buying bitcoins and started selling. Similarly, if ETF is approved, this will motivate the traders to buy, but this time everyone will know that ETF's are in a trillion market and directly related to buying of Bitcoins. |
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Bitcoin will hit $50K in 2-3 years for sure. But there is a chance it may happen before the end of 2018. If on 10 August SEC approves the ETF for CBOE, the market will explode. Now everyone can writte comments in SEC page. The chances of approval are much greater than before: CBOE futures working good, SEC decision that Bitcoin is not a security (which by experts is interpreted as another way of saying that SEC is ready to give ETF provided that some condition are met), custody, insurance against theft or transaction failure, regulated exchanges in Japan and South Korea, China with its 0 fee trades is out of the game, and last but not least, the volatility is more like the gold and silver nowadays (the unstoppable rise scares governments and banks of course). So, the chances are pretty good.  |
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A friend of mine has a suspission that someone is hijacking his miner in dwarfpool (5%-10% of the time). He uses the command -mport -xxxx but there may be another open port or something. Is there a way to check any moment that he is actually mining for his own address? The stats on the dwarfpool are very confusing and often the page is not working or saying Recalculation ... (today both happened).
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"... With Europe also making strides towards launching its own cryptocurrency ETFs, the question now appears to be a matter of not if, but when. If the Cboe finally gets its wish, the Bitcoin ETF will be open to client investment in the first quarter of 2019." https://bitcoinist.com/cboe-bitcoin-etf-holy-grail-sec/ |
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Price dont go up, price dont go down. Market sidelined for weeks. Small volatility.
Was the honey badger finally tamed?
No way!  |
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It's nice to wake up and see that instead of the usual Sunday morning dump, our beloved BTC is up 4%. $6500 turned to be a much stronger support than expected from bears. If in 2016 before the halvening BTC started from 300 and in 2018 reached 20K, it is a nice math extrapolation problem to predict where BTC will be in 2022. Even more that now emerge regulated custody exchanges (e.g. that Swiss exchange, Coinbase) for institutional investors. The hopes for obtaining ETF are growing with the meeting of more requirements from SEC. I wouldn't advise selling any portion of BTC right now, with the hope of buying cheaper in 1-2 months. Who knows, we may wake up one morning and read the news that the ETF was granted. Moreover, there is a chance (like the futures) that the regulated exchanges can issue ETF withous the need of approval from SEC, according to the recent change of rules by SEC.
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All the links give an error about potential virus. Is there somewhere else we can download this miner?
Some browsers like chrome detect the mining software and block the download. Others like IE usually don't. Try different browsers and if they all block, perhaps there is an option to check the links for viruses which can be turned off temporarily. |
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Its crazy to believe that so many people are still using the Tahiti's according to this thread.
Basically if you got a Tahiti you are better off mining XMR at the moment.
Reason why is because those you can reduce the voltage to the min value of 0.950V and if you got a decent ASIC quality you can run them at 1000/1500 core and you will get like 600H/s and it will only use like 130 Watts of power.
With ZEC it always used almost 200 Watts or so. With ETH it used even more electricity. The worst was Scrypt which was like 350 Watts per GPU from the wall.
You are absolutely right! CryptonightV7 is way better for 280x's now and it allows better undervolting than with the other coins. There are 2 things however. First, cards that can run on 1000 core with 0.950mv are of excellent ASIC quality and very rare - may be 1% of all. For example, my XFX's can't be even recognized by the OS if I undervolt below 1144 mv with 1000 core (well they do, but with several restarts and auto switch to 850 core). My Sapphire's are better, but still require 1050 mv to run with 1000 core. In both cases I got 170-180W from the wall. With 1000 core I get 460 h/s and with 1100 - 540 h/s. So the current profit of all coins now for me is 0. I also mine and stack the coins for future sale. Second, Monero has 2,2 billion market cap and hardly will make 10 or 20 billion in forseeable future. Of course, who knows, if Bitcoin goes back to 20K this can happen someday. But the new coins have potential of making 10-100 and even 1000 times increase (fresh example zclassic, which made 1000 times in several months). So it is good to have more options. I try to mine as much coins as possible. EDIT: Surprise, surprise. I just tested with the wattmeter. The XFX cards with 1144 mv are mining XMR with 140W, not 180W as I was expecting provided that 950mv mined with 130W. Equihash is around 200W. I have a rig with mixed older r9 270/280 cards whats the best way to under volt these It depends on the coin. Those that are GPU core intensive like the equihash coins will work with less undervolting like 1100 or even 1144 mv (down from 1200-ish by default). Clearly Cryptonight is less GPU intensive, so you may go down to 950mv if the card is with good ASIC quality. I follow this guide: http://www.overclockers.com/forums/showthread.php/742409-Easy-undervolting-guide-for-79xx-and-R9-280X-cardsJust a warning: When flashing connect only one card to the 16x slot and plug the monitor to the mainboard. If all cards are connected there may be a mistmach in the order of Aitflash and what you see in gpu-z. A friend of mine damaged permanently his cards because of this. |
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Its crazy to believe that so many people are still using the Tahiti's according to this thread.
Basically if you got a Tahiti you are better off mining XMR at the moment.
Reason why is because those you can reduce the voltage to the min value of 0.950V and if you got a decent ASIC quality you can run them at 1000/1500 core and you will get like 600H/s and it will only use like 130 Watts of power.
With ZEC it always used almost 200 Watts or so. With ETH it used even more electricity. The worst was Scrypt which was like 350 Watts per GPU from the wall.
You are absolutely right! CryptonightV7 is way better for 280x's now and it allows better undervolting than with the other coins. There are 2 things however. First, cards that can run on 1000 core with 0.950mv are of excellent ASIC quality and very rare - may be 1% of all. For example, my XFX's can't be even recognized by the OS if I undervolt below 1144 mv with 1000 core (well they do, but with several restarts and auto switch to 850 core). My Sapphire's are better, but still require 1050 mv to run with 1000 core. In both cases I got 170-180W from the wall. With 1000 core I get 460 h/s and with 1100 - 540 h/s. So the current profit of all coins now for me is 0. I also mine and stack the coins for future sale. Second, Monero has 2,2 billion market cap and hardly will make 10 or 20 billion in forseeable future. Of course, who knows, if Bitcoin goes back to 20K this can happen someday. But the new coins have potential of making 10-100 and even 1000 times increase (fresh example zclassic, which made 1000 times in several months). So it is good to have more options. I try to mine as much coins as possible. EDIT: Surprise, surprise. I just tested with the wattmeter. The XFX cards with 1144 mv are mining XMR with 140W, not 180W as I was expecting provided that 950mv mined with 130W. Equihash is around 200W. |
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An update to Microsoft Security Essentials is marking Claymore's miner 12.5 as a virus and shutting it down automatically. what should I do?
Add it to exceptions in the program (and restore it from quarantine). It is not a virus, it just recognizes it as a mining program. |
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Hmm, the whole day my 580 had accepted shares and stats on the pool MPH were correct. For the last hours (4-5) however, the pool shows 0 sols and the miner is turned off in the workers page. Really strange, since I see only accepted shares.
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the 144_5 miner is out it works fine on my 7950's but the hashrate is ass compared to the nvidia counterpart,we do need claymore he's the messiah of AMD mining his AMD optimization is ridiculous without him we're toast period I agree about Claymore. Sadly, he is silent. Btw, I can't get my 280x to mine in Windows. For some reason I get only invalid solutions. |
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tahiti (280x&7970) works perfectly with 10-12sol per card.
390 require a lot of virtual memory - 38Gb on 6 card.
why there is no overclocking effect?
Don't you have invalid solutions? Does the pool stats correspond to your hashrate? And last, why only 10 sols? My tahiti is at least 18 sols, but with invalid solutions. Not a single accepted share. My cards are not overclocked, but undervolted with bios mod. It seems that most of the people have the same isuue. |
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For my 280x's it works on adrenaline 18.x.x (windows 7), 17.12 (windows 10) and older crimson 15.12 (windows 8.1). Only for some reason (RAM issue, may be?) I have to restart the miner manually 2-3 times to begin mining. Speed is around 20 sols.
This morning I tested again. My RX 580 is working at 12 sols with accepted shares (adrenaline 18.x.x (windows 7)). All my 280x give invalid solutions (17.12 (windows 10) and older crimson 15.12 (windows 8.1)). Those with 6GB even work at 70-ish sols which can't be true. 3GB work at 15-20 but never have accepted shares. |
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Edit: I found the option DEVICES. Again the miner gave 0 sols and restarted automatically endlessly, until I closed it, opened it again and began mining with 18-20 sols per card. This is for the rigs with regular 3GB Tahiti 280x  That would be half of a GTX 1080 hashrate (according to what I read above) which is quite amazing for such old cards. Expected to be honest, as even on "old" equihash 200,9 they were giving 285-320 sols per card ... but using => 200W of power  By default 220-230W, but with a bios undervolt they consume 180W (incl. risers) according to the watmeter. Still too much, of course, compared to the 570 and 580 esp.with bios mods. |
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What do these new rules imply? I couldn't make much sense of that terse communication. It means you don’t need SEC approval to launch an ETF so long as your ETF meets certain conditions. It’s not clear to me from the statement whether an Bitcoin ETF could meet the conditions. I don’t need to explain the consequences. There is a lot going on in that direction recently. Only insiders know if (or rather when) the first Bitcoin ETF will be approved. Usually the sign is a spike in the price And then deja vu - 20K and beyond. |
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For my 280x's it works on adrenaline 18.x.x (windows 7), 17.12 (windows 10) and older crimson 15.12 (windows 8.1). Only for some reason (RAM issue, may be?) I have to restart the miner manually 2-3 times to begin mining. Speed is around 20 sols.
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