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i'm not with what you said, bitcoin is helping indeed the poor, unless you think that they are the one puping and helping the rich get even more richer
what i think is the opposite, the rich are the oen that buy and play against other rich people, while the poorer are take advantage of this by making easy profit
unlike in the fiat money where the rich are literally becoming more richer because they get the money from the poorer, i'm talking about the politician which are overpaid for example
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Gold have ETF. Bitcoin don't. And ... gess what ?   gold without the eft would be sitting at 1/10 of the value, it was make it worth so much, now imagines if bitcoin had the same treatment, the big money influx from investors with high money liquidity would increase the value tot en fold the good stuff about the EFT was that it would be available in the financial instrument of any bank, making it far easy to invest in bitcoin for those that are reluctant add to this the better regulamentation and trust that would be created with the EFT, and you have pretty much a 10k-100 BTC there already |
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SOLO MINING GUIDE: CPU: - Download wallet from the links in the op (after launch :-) ) - Create folder: %appdata/impact/ - Create impact.conf (check you have the right extension and not .txt -> go to folder options, show extensions) - Paste this info in impact.conf: Code: rpcuser=rpc_user rpcpassword=password rpcallowip=127.0.0.1 rpcport=22555 listen=1 server=1 - Save and run wallet. Wait a few seconds/minutes to let the wallet sync blockchain. Type this command to start mining. In your wallet´s console. setgenerate true -1 If you want to use a specific number of CPU cores, instead of -1, type the number of cores. If you will follow all the steps. You are soloming with your cpu directly in your wallet.
GPU: - Download CUDA Miner - https://bitcointalk.org/index.php?topic=167229.0- Create a impact.bat in you cuda folder with this info: Code: cudaminer.exe -o http://127.0.0.1:22555 -u rpc_user -p password - Save and launch impact.bat, while wallet is running. - Congratulations. You are mining with GPU directly to your wallet. Launch in 15 minutes. One pool operator cantacted me. I hope he will run pool for IMX. Are you really telling people to CPU (let alone GPU) mine an ASIC algo? x11 asic can't mine without pool, they can't solo mine, [...] Unless you have your own solo pool.  i guess a stratum proxy between your miner and the client should work |
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actually decred is experiencing a fork in the near future, at least they are saying so in the thread...that's why it was pumped, not random at all..
but yes generally many altcoin are pumped randomly but not always...
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shat could use a buff the escavator version is way faster, getting 550 and 670, but the nicehash version can not solo mine which is not ideal for me...
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PS. speaking about 100x, pallas is currently sitting on something very interesting.
XCN? If polo or bittrex list it again, we can se a spike in the price.. nah too old, and it's better to buy price is almost dead, you can buy 1M with 0.08 or less |
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The log lines you shown are all OK, nothing wrong there.
BTW: can nvidia-smi show you power usage in W ?
yeah |
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apparently excavator is sending duplicate share can you check this?
Algorithm, pool? Run with -f 0 and paste log here. [[2017-03-14 07:51:56.112918] [thread=0x00001684] [info]]
gpuinfo | GPU#5 TEMP: 58 C USAGE: 100 % MEMCTRL: 0 % POWER: -1 W
[[2017-03-14 07:51:56.119927] [thread=0x00001684] [info]]
=====> Total power: -6 W Efficiency: -955531840.000000 H/W
[[2017-03-14 07:51:56.278136] [thread=0x00001774] [debug]]
device#8 | Found nonce: 0258278f diff=31.9389
[[2017-03-14 07:51:56.278136] [thread=0x00001774] [debug]]
net | Sending share #7398
[[2017-03-14 07:51:56.278136] [thread=0x00001774] [trace]]
net | Sending: {"id":7398,"method":"mining.submit","params":["60149-97","6983","2320202020202020","58c792fd","0258278f"]}
[[2017-03-14 07:51:56.317181] [thread=0x0000190c] [trace]]
net | Received: {"id": 7398, "result": true, "error": null}
[[2017-03-14 07:51:56.317181] [thread=0x0000190c] [info]]
net | Share #7398 accepted
[[2017-03-14 07:51:59.070607] [thread=0x000012ac] [debug]]
device#3 | Found nonce: 753260e7 diff=40.3342
[[2017-03-14 07:51:59.071608] [thread=0x000012ac] [debug]]
net | Sending share #7399
[[2017-03-14 07:51:59.071608] [thread=0x000012ac] [trace]]
net | Sending: {"id":7399,"method":"mining.submit","params":["60149-97","6983","2120202020202020","58c792fd","753260e7"]}
[[2017-03-14 07:51:59.108663] [thread=0x0000190c] [trace]]
net | Received: {"id": 7399, "result": true, "error": null}
[[2017-03-14 07:51:59.108663] [thread=0x0000190c] [info]]
net | Share #7399 accepted
[[2017-03-14 07:51:59.595260] [thread=0x000012ac] [debug]]
device#3 | Fetched new work, job '6983'
[[2017-03-14 07:51:59.613294] [thread=0x0000111c] [debug]] |
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how are merchants listening BU if they are with core dev + segwit like you said? you are contraddicting yourself
merchants will never accepted BU and if they will, BU will be the new "core" because it has also the miners needed % to succeed
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china is only holding the greater % of mining currently, for trading they are behind japan already, and many indian people are entering the market, if the value grow more, it mean that more people are trading bitcoin
actually china people are in high numbers, if there will be more interest there they can still control the big % of the market
but apparently not all chinese are buying bitcoin, it's the opposite very few of them(in comparison with how many they are) are buying many are in the mining scene
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Your prediction of always increasing demand can only become true if the transactions stay cheap and fast. Otherwise volume and thus demand will imo decrease as people, especially those sending small amounts, will choose faster and cheaper alternatives.
not exactly, or this would be true if people were using bitcoin as a payment, but they are using it as a store of wealth, which mean that they don't care too much about the fee, many are just holding now when bitcoin will be used as a real currency to buy everything, fee would be a problem indeed, but by that time i'm confident that a solution will be found Well that portion of the community still exists and the fact many are hoping for bitcoin to become more of a currency than investment is why the current scaling issues are feared. they are very small community for now and i doubt they are using it to buy a coffe for example, and with bitcoin you can effectively reduce the cost of fee by using service like purse.io that have discount for you for other big purchase you can still buy without spending much in fee, i'm doing fine with 1/2 of the fee needed by using the accelerator when available, i admit that this isn't better than my debit card which is zero fee on everything, but i still prefer bitcoin over it |
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never lost any bitcoin to wallet stealer, my machien was never violated, but i'm prepared in the case this happening, i' never use the machien where there is my wallet to download not signed stuff from the net
i only use the VM to download shady things, plus scanning them anyway with various antivirus, i know this is not enough, in fact my trick is to leave a small amount of btc(less than 1 or 0.1) in my wallet if that is stolen i know the machien is compromised
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online shop there are many, but they are merely electronics aside from purse.io, which let you buy everything from amazon using bitcoin, but it's too damn slow and don't work with big stuff that cost a lot of money
other shop are dell, newegg(for USA), caseking(for european), then you have open bazar, which is a decentralized ebay, but still too young, i can't find much there to buy sadly...
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So, wait a minute....If this results in a bitcoin fork will my coin immediately double if I am using the Bitcoin Unlimited client when this happens? I know my ethereum holding's doubled....The ETH chain preserved it's value but the ETC chain, while still maintaining some value, dropped. I sold my ETC immediately for ETH so I gained....But, what might happen here? Should we be prepared by running both clients, just in case?
from what i've understood, there can only be one chain not two or three or whatever, every other chain which isn't the main chain will be n altcoin, if this new chain will have a value, that is another story if they reach the needed % for their consensus, that chain will be the enw bitcoin, as the majority of miners will solve new block for that chain, and exchange and merchants will be forced to use that fork but now that i think aout it what would happen if exchange and merchant will remain with the original chain? |
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Your prediction of always increasing demand can only become true if the transactions stay cheap and fast. Otherwise volume and thus demand will imo decrease as people, especially those sending small amounts, will choose faster and cheaper alternatives.
not exactly, or this would be true if people were using bitcoin as a payment, but they are using it as a store of wealth, which mean that they don't care too much about the fee, many are just holding now when bitcoin will be used as a real currency to buy everything, fee would be a problem indeed, but by that time i'm confident that a solution will be found |
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Congratulations to those who mined HI! PoW phase is over. Coin supply at this moment is 7 098 181 HI. Slow decreasing of PoS rewards ahead.
you seriously need a better exchange for exposure, cryptopia is good enough if you don't like yobit and polo/bittrex is not doable at the moment |
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apparently excavator is sending duplicate share can you check this?
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yeah not to mention that gpu can instamine some nice coins some times, or early mine when there is no exchange etc...
you can't do the same with trading, a good example was pascal, there were user that mined 10k coins in few days go look how much they made, when pascal reached 100k satoshi....
Sure you can instamine and gain some nice profits sometimes, pretty sure those that mined a lot pasc knew exactly what they were doing and what is going to happen. It is crypto, everything is allowed... Trader 'instamines' when he/ she buys at the bottom. not really the same thing, and will cost you more in any case than mining, that's why mining is profitable |
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Thanks for going through it. So I buy 3 Radeon RX 470s i should be making 91.90$ a month not including pool fees? But then why have I heard so many people saying mining is no longer profitable when with less than 1000$ of equipment you can make over 90$ a month?
they don't want the diff(the absolute diff on the whole crypto not just eth) to increase... |
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Buying a gpu to mine is about the worst way to invest to crypto.
But lower risk.. a gpu can always be sold. And an altcoin can fall 90% in a day or more. yeah not to mention that gpu can instamine some nice coins some times, or early mine when there is no exchange etc... you can't do the same with trading, a good example was pascal, there were user that mined 10k coins in few days go look how much they made, when pascal reached 100k satoshi.... |
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