that is my hope as well - lately the ASIC's prices almost ensure that ROI is never met unless you have almost zero electric cost.
well this was always the concern once enough big money with 2-4 cent power gets into the game. Then killing off all the gpu profits on other coins with more asics and here we are you need dirt cheap power to survive. an s9j will earn 225 usd in 331 days and it costs 355 an m10 will earn 938 usd in 484 days and it costs 1800 this is done with 3% jumps 5 cent power but 3% jumps and 4 cent power s9j 342 in 422 days m10 1232 in 574 days going under 4 cent is not easy . so based on this I believe we will soon see much lower growth back in 2014 we witness close to 2% growth in network over a 13 month time period. not 2% jumps in a difficulty but 2% in a year. here is the ltc set of jumps from may 17 to oct 1 we are down a lot hashrate of 261885 gh vs 304,527 gh over 40 jumps Difficulty History Date.................Difficulty....Change,,,,Hash Rate
Oct 01 2018 9,146,222 2.65% 261,885 GH/s
Sep 28 2018 8,910,079 -3.47% 255,123 GH/s
Sep 24 2018 9,230,764 5.36% 264,306 GH/s
Sep 21 2018 8,760,775 0.74% 250,848 GH/s
Sep 18 2018 8,696,471 -1.17% 249,007 GH/s
Sep 14 2018 8,799,549 0.16% 251,959 GH/s
Sep 11 2018 8,785,275 1.00% 251,550 GH/s
Sep 07 2018 8,697,984 -1.38% 249,050 GH/s
Sep 04 2018 8,819,878 1.53% 252,541 GH/s
Aug 31 2018 8,686,646 -1.40% 248,726 GH/s
Aug 28 2018 8,809,843 0.66% 252,253 GH/s
Aug 24 2018 8,752,406 -0.85% 250,609 GH/s
Aug 21 2018 8,827,455 4.10% 252,758 GH/s
Aug 17 2018 8,479,765 -4.43% 242,802 GH/s
Aug 14 2018 8,873,191 -9.87% 254,067 GH/s
Aug 10 2018 9,845,135 6.81% 281,897 GH/s
Aug 06 2018 9,217,686 1.86% 263,931 GH/s
Aug 03 2018 9,049,638 -10.13% 259,119 GH/s
Jul 30 2018 10,070,201 -3.63% 288,341 GH/s
Jul 26 2018 10,449,981 9.88% 299,216 GH/s
Jul 23 2018 9,510,707 -5.10% 272,321 GH/s
Jul 20 2018 10,021,646 3.39% 286,951 GH/s
Jul 16 2018 9,693,242 4.13% 277,548 GH/s
Jul 13 2018 9,308,365 -3.88% 266,527 GH/s
Jul 09 2018 9,683,851 4.89% 277,279 GH/s
Jul 06 2018 9,232,469 -6.46% 264,354 GH/s
Jul 02 2018 9,869,969 0.99% 282,608 GH/s
Jun 29 2018 9,773,635 -6.54% 279,850 GH/s
Jun 25 2018 10,457,237 -0.93% 299,423 GH/s
Jun 21 2018 10,554,914 -1.22% 302,220 GH/s
Jun 18 2018 10,684,873 -2.90% 305,941 GH/s
Jun 14 2018 11,003,971 0.35% 315,078 GH/s
Jun 11 2018 10,965,232 0.08% 313,969 GH/s
Jun 07 2018 10,956,272 8.26% 313,712 GH/s
Jun 04 2018 10,120,348 -3.16% 289,777 GH/s
May 31 2018 10,450,677 -4.33% 299,235 GH/s
May 28 2018 10,923,291 -3.40% 312,768 GH/s
May 24 2018 11,307,952 6.08% 323,782 GH/s
May 21 2018 10,659,804 0.23% 305,223 GH/s
May 17 2018 10,635,469 2.06% 304,527 GH/s ---- from bitcoinwisdom
I need to find the charts for btc to show what I mean Oct 29 2014 we had 309,000 th hash June 6 2015 we had 301,000 th hash from blockchain charts |
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Rebump! Always open to offers, please PM if interested.
it is a good price bro I just don't need one. I have the 1920x Thanks for letting me know, I haven't sold such expensive electronics in a long time and I'm not too in touch with the threadripper high corecount CPUs nowadays haha. The 1920X is truly a great product for price/performance, especially with the discounting of Ryzen 1st Gen products right now. I assume you're using yours for mining? Yeah I got a new one (1920x) for 397 it mines cn7 and the cards(3x msi vega 56) do BCI |
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One flip flop switch is probably not enough to stop ASIC makers. They will make new optimized chip for both algos combined. The new algo has to change itself based on random inputs from blockchain data. It has to be even tough to run on GPUs. In this case ASIC makers will have to recreate GPU functionalities in their ASICs. The new algo has to be highly dynamic but at the same time provide stable hashing speeds and security. GPUs were originally made for highly parallel complex computations such as computer graphics.
Some current algos such as ethash rely on limitations of memory bandwidth. It looks like it is still not enough to fight ASICs.
Well since tx hash is hex coded and there are 16 symbols 4 algo do the trick. 1 can be the current eth algo with a tweak (bigger dag say 8gb) 1 can be progpow 1 can be CNv2 1 can be the new ebwf algo with a tweak (more ram say 8gb) that asic would be pretty wastefull it would not be 1 chip it would be 4 chips with a switch so only Ό is used at a time And the first of each month a gpu miner simply switches. the game is race to the bottom with out gpu's making some money. and gpus make for millions of adapters of coins. since millions of gpus are used for other shit |
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I think mark x is plagiarist. Sorry to offend @OP, but i think you merited a plagiarism post. Please check. Copy and pasting: List of crypto below which we think has faster transactions:
1. Dash
Dash, one of the oldest cryptocurrency in the market that popularized the concept of masternode governance, is a fast transaction coin. The average transaction time for DASH is 2 minutes 39 seconds. This is also known as block time. DASH, with a block size of 2 MB, can process up to 56 tx / second. Block size increased from 1 Mb to 2 Mb last year.
2. Monero
Monero is a pure coin driven by a community that is popular for its anonymity and privacy. This is also quite fast with transactions. It takes an average of 2 minutes to process transactions in the next Monero block. The size of the Monero block is dynamic, which means it will continue to adjust automatically as the average network volume grows.
3. PIVX
PIVX is another coin with fast transaction speed and focus on privacy. Also, this is a proof of coins that provides advantages compared to other coin proofs. This is a DASH fork and has a block time of 1 minute which means it takes one minute to process the transaction on the next PIVX block.
4. NEO
NEO is another proof of fast coin stock by processing transactions and can process at a speed of 1000tx / second. NEO cryptocurrency, called Ethereum killer, takes 15 seconds to process the average transaction in the next NEO block.
5. Nano
Nano, formerly known as Raiblocks, is a relatively new cryptocurrency that was formed in 2017. Thanks to its block-lattice technology, it is very fast and can reach a high scale. It usually takes 5-10 seconds to get confirmation for a successful transaction via Nano.
6. Dogecoin
Dogecoin is a very old cryptocurrency that runs based on evidence of work consensus mechanisms. Crypto is also very fast. It takes an average of 1 minute to process transactions in the next Dogecoin block.
7. Ethereum
Ethereum, the world's computer, has recently faced congestion due to its scalability problem. In addition, he was thinking of moving to evidence of a stake consensus in the future that would make it faster. But from now on it usually takes 14-17 seconds to process transactions on the next Ethereum block and handle up to 12 tx / second.
8. Litecoin
Litecoin is a silver standard in the crypto market. Litecoin, another branch of Bitcoin, is quite fast and powerful. It takes around 2:30 minutes to process transactions in the next Litecoin block.
Original; https://coinsutra.com/transaction-speeds/        Additional referenceCopy/paste According to our Forecast, ADA is an awesome long-term (1 year) investment *. Cardano's predictions are updated every 3 minutes with the latest prices with smart technical analysis. Questions and answers about ADA projections. we predict future value with technical analysis for a wide selection of digital coins like Cardano. If you are looking for a virtual currency with a good return, THERE can be a profitable investment choice. Cardano prices are equal to 0, 156 USD in 2018-04-09. If you buy Cardano for 100 dollars today, you will get a total of 635 ADA. Based on our estimates, a long-term increase is expected, estimated prices for 2023 -04 - 07 are US $ 8,515. With a 5-year investment, revenue is estimated to be around + 1688.72%. Your current $ 100 investment may reach $ 1788.72 in 2022.
Original. https://steemit.com/cryptocurrency/@tomm/cardano-prediction-ada-forecast-price-charts-is-cardano-a-good-investment Okay you could be right but let me say I am looking for content and it takes hours to read and look at stuff. He did use this qualifying statement "List of crypto below which we think has faster transactions." if he used I vs we I would say you are correct. Since he used we it means to me he is agreeing with the list not that he created the list. But I am not a lawyer. He does credit people other them himself for that list with the use of we. As for your second piece of evidence it does not exist so either he edited/deleted it or you faked it. I wish you pm'd me before you posted since I could have looked at that second reference. And also copied it, It now needs to be found another way via archives. If there is one of that post. Also why would you post here to complain without checking with me first. He is missing posts from my post count of 98 so most likely you caught him and he should be banned. Maybe someone can find it in archives somewhere and do a ban.I spent hours on those names and if he was a weasel that should be banned but you hurt the case against him by posting here rather then checking with me so that I could copy the info along with you. |
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Seems to me that a monthly flip flop or not flip flop based on the hash of last block of the month. Would be a P.I.T.A. for all miners but GPU--- Bad FPGA-- Worse Asic---- Worst You need 2 asic chips one for progpow and one for CNv2 so it would hurt asics 2x You need to flash your fpga and would hurt it somewhat as fpga flashing is not super easy You need to switch from one program to another on your gpus takes under 1 minute per gpu My developing skills are small but I am a good idea guy. Anything to hurt asics should be good. And this idea could be expanded. If you have 4 hard algos and hash tx for a block is hexi- decimal 4 numbers for algo 1 4 numbers for algo 2 4 numbers for algo 3 4 numbers for algo 4 that would really hurt asic mining big time as you need 4 separate chips one for each algo |
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Rebump! Always open to offers, please PM if interested.
it is a good price bro I just don't need one. I have the 1920x |
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On those s9i's with power supplies do you take escrow? I would offer to act as an escrow for them. To all don't do business without due diligence. There are good escrow people besides me OgNasty is a good escrow. but the op is new so be careful. here is a good escrow list. https://bitcointalk.org/index.php?topic=2439910Yes we are open to escrow. cool thanks for fast reply |
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On those s9i's with power supplies do you take escrow? I would offer to act as an escrow for them. To all don't do business without due diligence. There are good escrow people besides me OgNasty is a good escrow. but the op is new so be careful. here is a good escrow list. https://bitcointalk.org/index.php?topic=2439910 |
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thats the frustrating thing. I have THOUSANDS of 2450w PSUs that would go to waste in this scenario. Hopefully they do like in the past and make a version with and without. Previously all of their built in PSU systems were for the chinese market only.
Yeah it would hurt a guy like you. But boost their psu sales a lot. |
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@ yankees the 2 avalon 851's do 21000- 22000 gh on a down clock 27000- 28000 gh on full speed they are power hungry so a free power deal is the way to go with them. 22 th will earn 1000 usd in 9 months if you have free power 27th will earn 1233 usd in 9 months if you have free power So if you want some heat and free power these are a good buy they are a bit more power hungry then the 841 So they are really only good for a free power guy that wants heat. what they earn in 9 months at 27th 3% jumps Date Difficulty Revenue Profit Return 2018 0 10-3 10-31 (29 days) 7152 G 172.2 168.8 168.8 11-1 11-30 (59 days) 7588 G 167.2 163.9 332.6 12-1 12-31 (90 days) 8291 G 161.7 158.4 491.1 2019 1-1 1-31 (121 days) 8796 G 151.4 148.4 639.5 2-1 2-28 (149 days) 9332 G 128.4 125.8 765.3 3-1 3-31 (180 days) 9900 G 133.4 130.7 896 4-1 4-30 (210 days) 10503 G 120.9 118.5 1014 5-1 5-31 (241 days) 11477 G 117 114.6 1129 6-1 6-30 (271 days) 12176 G 106.1 104 1233 what they earn at 22th 3% jumps Date Difficulty Revenue Profit Return 2018 0 10-3 10-31 (29 days) 7152 G 140.3 137.5 137.5 11-1 11-30 (59 days) 7588 G 136.2 133.5 271 12-1 12-31 (90 days) 8291 G 131.7 129.1 400.1 2019 1-1 1-31 (121 days) 8796 G 123.4 120.9 521 2-1 2-28 (149 days) 9332 G 104.6 102.5 623.5 3-1 3-31 (180 days) 9900 G 108.7 106.5 730 4-1 4-30 (210 days) 10503 G 98.52 96.54 826.6 5-1 5-31 (241 days) 11477 G 95.31 93.4 920 6-1 6-30 (271 days) 12176 G 86.46 84.73 1004 If you don't have free power they are not goodthey burn 2600 watts to do 22th they burn 3400 watts to do 27-28th do you have a spot that needs heat and has free power let me know. I can sell them at 500 for the pair. I sold the last t1 dragonmint I have these 2 avalons and the antminer a3 left. these don't include a psu I will ship for free to all 48 states on the lower continent Sorry Alaska and Hawaii  |
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Okay progpow seems to work okay to prevent or slow asics.
And CNv2 will be coming out.
So how about a mashup algo.
Use both algos and on the last day of every month check to last block made for it tx hash and flip back and forth the two algos.
So a gpu only needs to switch from one software to the next.
Every asic needs two machine one for cn2 algo the other for progpow algo.
And every FPGA would need a flashing to switch.
How hard would it be to do this?
I realize it could cause a stability issue in the chain but it seems doable.
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I just checked now and it is around 88% - 89%
Thanks . This means that we can expect a slight increase of Ethash algo mining in the future , when some optimizations in miners/drivers will be made . But in any case gddr6 is not the best option for ethash algorithm  It looks good for progpow and ETH May make that switch |
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What's the pool record for highest Diff?
As of 9:40AM: 160.3
Over 330 |
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Are we finally seeing some interest towards ProgPow? One of the main developers of ProgPow has been invited to the Ethereum Core Devs meeting 47 (Friday 28 Sept 2018). Lets all fight for the best outcome! Facts: - Ethereum mining profitability has never been as low as it is now 0.015/0.018 usd/day per 1 mhash. (https://bitinfocharts.com/comparison/ethereum-mining_profitability.html#log)
- Ethereum difficulty has risen this year to extreme highs (as seen with ASICS on networks such as xmr/dash/zcash)
- POS implementation will take at least one more year. Securing the network right now with POS is just not safe. POW is the better option for the foreseen future. So don't use this as an argument against making the network ASIC resistant.
- Most of the loyal Ethereum miners are being hit the hardest. Turning their rigs to XMR or even off.
- ASICS are not better for securing a network compared to GPU. People think an argument against GPU's is that they use more power and ASICS are more efficient. But this argument is invalid. Miners will continue to expand untill they are at their peak power. Whatever the machine. Total Ethereum network power stays the same.
- A huge part of the Ethereum (mining) community is asking for this hardfork. Only the initial investors (mostly not miners) are being able to vote on this issue? Yes you invested initially in Ethereum, congrats, we are here now supporting the network 24/7. Please, Listen to us.
Your "facts" are completely full of contradictions. You say that difficulty has risen to extreme highs yet then say loyal Ethereum miners are being hit the hardest and leaving. How can hashrate be shooting up yet everyone is leaving? You also gloss over the drop in profitability. The loss of profitability isn't because of the algo; Its not hard to see that hashrate has doubled since this time last year, and the value has been cut in half. Not to mention block rewards decreasing. I have yet to see any proof of these ASICs. There is the Bitmain E3 that is slightly cheaper than 3 1080tis and has slightly better power consumption, hardly a game changer. People who think changing the algo on Ethereum will be a silver bullet are sadly mistaken. It won't make the hashrate drop and it won't increase the price. The difficulty has risen to extremes, the network was doubled in just 2 months (see: december-february https://etherscan.io/chart/difficulty) Loyal (small) ethereum miners are being hit the hardest, and leaving. You only can't see that directly because you dont know what machines are comming online at the same time. The loss also ofcourse has to do with the pricing! Pleas remember this. Back when the (XMR) Monero developers forked their coin for comming asics, they hashrate dropped by 60% and stayed there. ( https://bitinfocharts.com/comparison/monero-difficulty.html) The fact is, you don't exactly know how many ASICs are mining on Ethereum now. But that is another discussion. Fix it before it is too late. But we agree on the price. ProgPow wouldn't affect the price of Ethereum. Average difficulty for October 13, 2017: 31031.012 Average difficulty for February 28, 2018: 3052.568 Am I missing something here? Doubled in 2 months? Think about it next time you cherry pick your stats. To be quite frank, I don't care how many alleged asics there are mining ETH. I'm sure it pales in comparison to the 1000 GPU farms out there mining it. Yes you are missing something, although the sales of GPUs plummeted in 2018, the ethereum network hashrate increased astronomically from 110k-120k in Oct 2017 to 250k - 300k in march to september 2018. Many people noticed the large increase in the ethereum network hashrate and had speculated that there are ethereum ASIC miners. This was confirmed when Bitmain announced in April 2018 that they will be releasing ethereum ASIC miners. Bitmain had been "testing" (secretly mining) them for around 5 months before the announcement. I mean anyone who can read the difficulty charts in a time of gpu scarcity a near 100Th increase is more gpus than nivida sells in a year lol. So many ostriches on this forum they must work for bitmain no one is legitimately this dense The main reason why your ideas are erroneous is you are equating ethereum difficulty to ethereum network hashrate. An increase in ethereum difficulty doesn't always mean that there is an increase in ethereum network hashrate, other factors can also lead to an increase in ethereum difficulty eg. the difficulty bomb. the bomb was delayed wtf are you talking abou https://etherscan.io/chart/hashratethe hash rate is at 260k ghs righ now, it trippled from 90ghs or when the first difficulty bomb was delayed asics hit the network that sept oct and quickly ran the network to 150 ghs , them a seccond wave took the network to 230k ghs ghs from dec to march , which coincidentally was during an intense gpu shortage. for refrence 150k ghs is the equicalent of 6million gpus , thats the hashrate rise the last 7 to 10 months remeber profits have been down all 2018 since we are in a bear market unlike n 2017 a year of record gpu profits miners bought 3million Gpus total in 2017. so where did this magical 6 million gpus come from this year? https://www.google.com/amp/s/amp.hothardware.com/news/gpu-market-q4-crypto-miners-3-million-amd-nvidiaIts simple logic buddy , its not rocket sience just follow the numbers asics attacked and killed off gpus. the over all market capped dropped from 1.2 trillion to 300 billion the industry can not survive without gpu coins. simple math |
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IMO Phil you would be better off mining Minex: https://bitcointalk.org/index.php?topic=1847292.0BCI is pretty much ripoff from them, yet claims to be the "first." Furthermore their claim to decentralize staking is ludicrous considering they actually centralized it if anything. I have a sinking feeling that once BCI hits a real exchange there is going to be price drop that will more than negate any interest earned. I've made a lot of money mining shitcoins but personally i think you should only mine them if there is a current liquid market. No word on premine either. Okay my BCI coins are in my core wallet and I collected interest on them twice. that is decentralized in terms of deposit location. Now minexcoin does trade on hitBTC as does BCI you have limited moves on BCI not sure if Minexcoin is limited on hitBTC all of Minexcoin hinges on its cash card. which is yet to work correctly. but it could be worth buying 100 coins. If the minexcard ends up working it will jump up in price. Very simple question what is the algorithm for mining MNX https://questions.coincheckup.com/minexcoin/what-is-minexcoin-mnx/https://minexcoin.com/html/download/wpeng.pdfThey don't seem to give one out. To me since I do have access to some solar power paid off I need coins to mine I understand that its decentralized in the fact that your coins are in your wallet. Normal staking is works this way also, so I don't really understand how this is revolutionary. As for Minex, it uses Equihash 96,5 (EWBF). If/when the card comes out it will hopefully be big. The reason I brought it up to begin with, is they have a similar system to park coins and pay out interest: https://minexbank.com/ The thing is though they change the interest rates to stabilize the price. Their goal is for an 85% annual growth rate, which will probably change considering they instituted this percentage when crypto was skyrocketing. But essentially when price goes down, they increase the interest rate, when it goes up, they lower it. In theory it will create a stable price, but obviously something like that is a work in progress. My point is that at least their interest has a rhyme and reason behind it, its not just a system to make miners profitable, which is always a race to the bottom. It was in the double digits until May. Since I have limited cheap power I look more for good ways to make miners money. And this coin (BCI) will not do ½ing thus there is no bottom. But for a purchase of 1000 or 500 coins I can agree minex could be a good coin. I rarely buy coins though . Thats the problem, halving is required to control inflation. You are right there won't be a bottom to the number of coins, but there will certainly be a bottom to the value of them! time will tell I should know soon. I will mine them for about 3 months and see what I have. |
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He does not have to post here.
I am on the hook for 2 x 215+ and 1 nest x2g
about 790 usd.
I do expect it before Oct 31st.
and even if it works I no longer expect it to have much value.
It is over 60 days late. the only way it ends up to be okay is if coins rally like a mofo.
I could have purchase 2 amd vega 56's today for 800 they would come in 3 days with 3 year warranty.
poor choice on my part but at least it was not much gear.
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well we are in tight margin times.
bitmain sold a lot of s9i and s9j cheap at least ⅔ of mining gear is some kind of an
s9
s9i
s9j
they mostly have disposable psus.
if bitmain can put out a 45-50 watt per th unit we will need to buy it or not mine
a 10 cent per kwatt s9 is in the red
and if bitmain pushes this with that big psu
a 6 cent a kwatt s9 will soon be dead
but that s11 will be a money maker.
bitmain is exposing what unchecked selling of low priced miners does to the industry.
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I dont see any reason why people would want to pay extra for a built in PSU. Anyone doing mass upgrades from the S9 already has power supplies, most likely of a higher quality than the ones that come built onto miners. I know the last thing I want is another proprietary part in my datacenter that I cant just switch out on the fly.
if it is all they sell you will have no choice. the more i think about it they will do a 40th unit using an attached psu getting 48 to 52 watts a th. sold at 950 to 1050 it kills everyone price and efficiency wise. and forces you to buy it with the psu attached, since the psu needs to handle about 2100 watts. |
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Well something is definitely going on since Bitmain is now out of 16nm chips (from my sources). From what I hear they are full-steaming for production of this new 7nm wafer. Bad news for anyone with an S9 since there will be no support in 3 months (but it'll be trash by then anyways so...)
it won't be trash in 3 months more like 9 months. most of the network is s9 it will take more the 3 months for buyers to replace them. Unless the s11 does 45 watts and 30th with a built in psu and costs under 1000 usd. That would sell well even in the frozen usa market it will sell. Or bitmain prices high like the m10 at 1600 which won't sell to usa miners quickly. |
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