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1921  Economy / Economics / Re: Why dumps are important on: March 19, 2017, 05:41:13 PM
it depends, what you said it's true, but if dump are casued by big whales that manipulate for the sole purpose to buy back more coins, it would reckt the possible distribution that you are talking about

and whales are greed they always buy more when they sell, no matter how many coins they started with, after all trading is about getting more not giving them to the other

I strongly advise you to read the whole thread

It is only one page and a few posts beyond that. The issues you raise in your post have already been addressed before somewhere in the first page. Since you obviously won't read (write before read approach) and you certainly won't alone, I shortly explain it again why your issues will remain mostly theoretical. First, whales won't be the only ones buying at lows and, second, not all people buying from them at highs will be selling to them at lows. In any case, if the price goes up over time, whales will be necessarily losing coins and accumulating fiat instead. For a more detailed explanation, read the friendly thread after all

that is an assumption, you can't say that whales are not the one who would buy more, in fact they are as they are the one that are manipulating the value, you assumption is based on the fact that the price was dumped not by them, which is not my point

whales will never lose any coins if they are the direct maker of the pump and dump, we need to differentiate a market that is manipulated and causing a panic selling, and a genuine sell off

i'm sure that the other users weren't accounting this, so would be pointless to read everyone, usually i only read the OP because there is too much spam on bitocintalk
1922  Alternate cryptocurrencies / Mining (Altcoins) / Re: What do you guys do to keep mining rigs clean? on: March 19, 2017, 07:38:44 AM
same, but the air compression can't remove very well a portion of the dust that sticks on the fan, that is the long part for me

If the dust stick to fans, either you have too much humidity where you are running your rigs, or your don't clean them out often enough, i clean out my rigs twice a month, and no problem with sticky dust. One other recommendation i have is to get an industrial vacuum cleaner, and when you blow the dust, to let his tube run not far so that it can capture this blowed out dust, otherwise the dust will go down again onto your rigs. you can't capture it all with this method but a good portion, if you have the possibility too, let a much stronger air circulation (by opening any doors, garage door, window & such) to carry much of the dust you are blowing too. Last the solution in the post above is good yes, because of pollen dust especially those have a tendencies to stick easily and it's very bad for fans. Mind that you have to increase your ventilation to counter those filters airflow reduction.

i do it once eveyr two months, i was thinking to do it every month, maybe it would help, still the air compressor can't reach very well the fan's blade, those small one of the gpu
1923  Economy / Economics / Re: Why dumps are important on: March 19, 2017, 07:31:10 AM
it depends, what you said it's true, but if dump are casued by big whales that manipulate for the sole purpose to buy back more coins, it would reckt the possible distribution that you are talking about

and whales are greed they always buy more when they sell, no matter how many coins they started with, after all trading is about getting more not giving them to the other
1924  Bitcoin / Mining speculation / Re: Does an ASIC miner currently have a smaller repayment time than solar panels? on: March 19, 2017, 07:02:40 AM
doesn't make sense to go with solar panel over other asic, one asic antminer s9 is currently mining for you a net of $226 per month and cost around $1500?

with the same $1500 you can only have 1kwh of solar panel kit, with battery and inverter, this thing would cover only 3kwh per day, which is really low if you have cheap electricity

and cheap electricity is the whole point for running an asic, regardless of everything, if you have expensive electricity, like 20 cent you are saving something like

1.4kwh(antminer s9 consumption) x 24 x 30 x 0.20, = $200/8(because the solar kit only cover 1/8 of the entire day it was already calculated..) at best $25
1925  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is mining on a gtx 1080 profitable on: March 19, 2017, 06:56:02 AM
with all the gpu combined that are currently mined all the altcoin, which are estimated to be 1M or so, you are looking only for 500-1000TH, that is only 70 antminer s9 at best, while the consumption would be astronomically different...

just to see how much discrepancy there is between asic and gpu, it's really not feasible anymore to mine with gpu not even to be lucky and try to find a block
1926  Bitcoin / Mining speculation / Re: can you mine bitcoin for the next 20 years on: March 19, 2017, 06:52:19 AM
Probably not, but if you have an investment size of >$50k you might be able to for less time than that as long as you have a backup plan (a secondary job or skills that could warrant one).

You need to understand that every 4 years block rewards will be cut in half, which will result in your profits being more and more reliant on transaction fees which will vary depending on various factors related to the network.

However, you mention that you have free electricity on another of your posts, and that's a good start.

thank you bro for replay i do have free electricty Smiley i hire that the more difficlty mining is the more bitcoin price go up

so bro what do you think ? i know there is only 25m btc can be generate , so after that what miners will do ?

they are 21M actually not 25M, they earn transaction fee which are currntly giving around 200 btc daily additionally to the block reward

in theory you could live out of mining with cheap electricity, and by selling your miner at the correct time to by new the new generation one

but it's risky because it require a huge capital, and because the competition is fierce already,which mean that you need to add miners just to stay competitive and earn the same
1927  Bitcoin / Bitcoin Discussion / Re: Idea to avoid high fee on: March 19, 2017, 06:48:03 AM
If you convert of an altcoin on an exchange, that exchange will charge a fee for you and another fee for the recipient when he/she converts back. I guess it depends on how much all those fees add up to be and if it is still profitable.

i guess bitcoin subchain would work better in this case, and would not require additional fee, too bad the idea of subchain seems to be forgotten enterely, as i have not heard anything anymore about it

also subchain would have avoided hard forking or soft forking and added a security to zero confirmation transaction, but i guess miners were not in agreement with this too...
1928  Bitcoin / Bitcoin Discussion / Re: The Answer to the 1MB BitCoin problem! on: March 19, 2017, 06:32:58 AM
not 100% clear on your plan but the core team has refused to increase block size for years.
They only want to scale according to their own roadmap, no matter how good your plan is.
They are decidedly against on chain scaling by design.  That's why BU became necessary.

there wasn't a proposal for a 2MB increase from core in 2017 alongside with the segwit implementation, i remember this roadmap for core, are they changed their mind?

i remember that they said in the case segwit would not be activated in 1 year, they were going to increase the block to at least 2mb
1929  Bitcoin / Bitcoin Discussion / Re: Why did Satoshi see value in miners and not developers? on: March 19, 2017, 06:29:49 AM
there was a proposal to reward actual full node and not only miners, so they would have a reason to support the network, and would also have a point in the consensus

if that was true any dev would just set up a full node and have his vote for the upcoming soft fork/hard fork etc...

i think that would have been a great idea to decentralize more the consensus, now it's all in the hands of the miners, which feel unsafe....
1930  Alternate cryptocurrencies / Mining (Altcoins) / Re: excavator - multi-algorithm advanced NVIDIA CUDA miner [1.1.3a] on: March 19, 2017, 06:27:49 AM
I get a bug in the GH/W calculation:

0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
0000000000000000000000000000000000000000000000000000000000000000000000000000000 0
00000000000000000000000000000.#INF00 GH/W
[13:10:07][0x00000f00][info] net | Share #18 accepted


000000000000000000000000000000000000000000000000000000000000000000000000000000
000000000000000000000000000000000000000000000000000000000000000000000000000000
000000000000000000000000000.#INF00 GH/W
3:10:21][0x00000f00][info] net | Share #19 accepted
3:10:29][0x00000f00][info] net | Share #20 accepted
3:10:33][0x000009f4][info] =====> 215.264541 H/s
3:10:33][0x000009f4][info] gpuinfo | GPU#0    TEMP: 56 C      USAGE: 100 %
MCTRL: 74 %   POWER: -2 W
3:10:33][0x000009f4][info] =====> Total power: 0 W    Efficiency: 100000000000
000000000000000000000000000000000000000000000000000000000000000000000000000000

1060 3gb is only doing 215 with 2 threads.

My private fork is doing 275 on the same hardware, clocks and tdp. and 3 threads.



not a bug, you need the last nvidia drivers or 378.xx version to display the wattage correctly
1931  Alternate cryptocurrencies / Mining (Altcoins) / Re: What do you guys do to keep mining rigs clean? on: March 18, 2017, 09:04:12 PM
I don't disassemble the rigs, only remove the risers (the risers at the bottom of the cards gather dust the fastest) so for me it takes like 2-3 minutes per rig. And I do this about 4 times a year. Probably should do it more based on how many of my cheap Gigabyte fans are dying...

same, but the air compresson can't remove very well a portion of the dust that sticks on the fan, that is the long part for me
1932  Alternate cryptocurrencies / Mining (Altcoins) / Re: What do you guys do to keep mining rigs clean? on: March 18, 2017, 08:31:32 PM
same, i've this, still you need 15 min for each rig or something, if you want to clean it well

1933  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: March 18, 2017, 08:06:51 PM
it's strange how as soon the price rise, the diff match it, out of nowhere, for zcash, basically 8k rig, materialized in no time

edit...

ok yes it look like they were on komodo before...
1934  Economy / Speculation / Re: Vinny Lingham - Bitcoin Unlimited (BTU) will be an Alt Coin, BTC will crash on: March 18, 2017, 06:59:24 AM
why, if they are listing it as an alt, it would distrupt the value of bitcoin? no-sense, it would be treated simply as a new alt with its pump and dump

most likely people(those that bought below $1000 of course) are selling as an excuse to caause a panic sellign and buy cheap coin

i see this bad trend in bitcoin, where every time a bad news come there is a big manipulation to cause fud in the market and make bitcoin cheaper, susually a pump happen after this

this make me think that bitcoin is simply not mature enough, a strong currency should not be affected by silly news like this, ever...
1935  Bitcoin / Mining speculation / Re: Should I invest? on: March 18, 2017, 06:50:40 AM
Invest in GPU's,you can sell em for almost what bought em for,unlike ASICs all ways drop as diff increases.....& diff will all ways increase  Roll Eyes

Build a 4 card rig & mine altcoins,forget BTC mining it belongs to the large mining corps now Sad

yes but generally an asic die only when a better one come out, and the antminer s9 is still the king, so it will not be unprofitable for a long time

i want to note that x11 asic are more profitable than anything at the moment, better than gpu and antminer, and they efficiency is very good compared to their contenders
1936  Bitcoin / Mining speculation / Re: What short lived or lesser known ASICs are worth noting? on: March 18, 2017, 06:43:53 AM
they should be work on antminer 10/11 for now, but aside from the old generation like antminer s5 and s7 that can be good if you have very chep electricity like less than 5 cent, because they have a very low value if bought on second hand

the primarely asic is always the s9, which i think it's too damn inefficent already and need to be substituted, just compare it to other kind of asic that mine somethign else, they have far better efficiency in comparison to what they can make

i hope the s11 will be something like 1000watt maximum but double the hashrate, then you avalano which are on average worse, and are not worth mentioning for me
1937  Bitcoin / Bitcoin Discussion / Re: ETH connected with MLM while Bitcoin losing on marketcap share on: March 18, 2017, 06:40:31 AM
It's just btc investors that prefer not to risk their money, btc with this civil war is a bit at risk now so the price/reward ratio now is riskier than ever. And also the developments on the ethereum front, it was at 25$ before the btc panic began.

sure  it's better to invest in a coin like etheruem that did lost in the past 300% of its value, and was dumped by vitalik, for sum of 1M in dollars

i would never trust an altcoin like that, which was forked and hacked because of a bug, this is just another one of those "bitcoin is dead moment" that will end with another "return back to the previous point value" in few weeks
1938  Bitcoin / Bitcoin Discussion / Re: How much of your wealth is in Cryto/Bitcoin? on: March 18, 2017, 06:32:21 AM
100% in bitcoin for me and a little thing on lbry which has nothing to do with what i have on bitcoin because it come from minign as an additional revenue

what i mena is that i do not invest in any alt, just mine and dump them for btc, but some times i like to hold 1 or two that i mined
1939  Bitcoin / Bitcoin Discussion / Re: Bitcoin Exchanges Unveil Emergency Hard Fork Contingency Plan on: March 18, 2017, 06:29:58 AM
Summary

TLDR = BU fork will only be added to exchnages with proper replay protection and it will be an altcoin called BTU / XBT

https://www.scribd.com/document/342194766/Hardfork-Statement-3-17-11-00am
https://fs.bitcoinmagazine.com/assets/exchange_handling_of_contentious_hard_fork_event.pdf

20 Exchanges in the document that say the original chain with remain bitcoin / btc regardless of outcome :

Bitfinex, Bitstamp, BTCC, Bitso, Bitsquare, Bitonic, Bitbank, Coinfloor, Coincheck, itBit, QuadrigaCX, Bitt, Bittrex, Kraken, Ripio, ShapeShift, The Rock Trading and Zaif

2 signers agree with document but place an exception that they reserve the right to rename BTU as BTC if the supermajpority switches :

ShapeShift  - If BTU sees 95% it wins the name BTC, otherwise the original chain remains BTC -
https://twitter.com/ErikVoorhees/status/842830189474136064

Kraken - At their discretion - https://www.reddit.com/r/Bitcoin/comments/5zz6cu/important_the_exchange_announcement_is_indicating/df2fnyz/

----------------------------------

2 more exchange joined this list :

21) Bitmex  

https://twitter.com/BitMEXdotcom/status/842796617120059393

https://blog.bitmex.com/a-statement-on-the-possible-bitcoin-unlimited-hard-fork/

22) poloniex
  
https://poloniex.com/press-releases/2017.03.17-Hard-Fork/

https://twitter.com/Poloniex/status/842789390518812673


poloniex is actually saying that if you have bitcoin in your wallet, you can withdrawn those as they are bbitcoin unlimited, this does not sound like an altcoin to me but more like having the same coins twice

this is dangerous it can certainly kill the value on both chain, since people will get coins for free
1940  Alternate cryptocurrencies / Mining (Altcoins) / Re: 5 or 6 GPU Motherboard Alternative to H81 BTC Pro and ASROCK Anniversary Edition on: March 17, 2017, 06:32:02 PM
biostar tb250 btc, but i can't find it

Biostar Motherboard TB85   ?



that look like another good option i wasn't aware of its existence

i would only choose those with two molex, to feed proper wattage
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