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I really like decentralized exchanges and I hope that they will become popular in 2020. However, many people do not use decentralized exchanges due to trading volume.
honestly, it is not just the trading volume that I consider in choosing an exchange. I am also not certain to connect my wallet directly to the dex exchange, though I have the private key, the regulation, and convenience that a centralized exchange is what I want to consider. Most of the time, the volume in DEX is determined by traders, and it might not be the reason why people don't want to trade in DEX since the volume can be achieve if the crpyto do really is performing well in the market. It is the regulation that centralized exchange provides, despite of wallet security or also known as "not your keys, not your coins". True! A friend of mine has traded on DEX's for a few months already, and otherwise used exchanges with no KYC. He's a very "private" person, told me NOT to tell anyone of our friends that he even owns any crypto. There's a LOT of people who straight up AVOID exchanges with KYC, because they want to remain private. Makes sense, it's the reason BTC was created in the first place. It's nobodys business what you trade and hold. Guess what? KYC/AML is coming to every exchange, be it a CEX or a DEX.
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Blockchain has the power to bring out a massive breakthrough in the healthcare ecosystem as it can easily bring specific changes in the healthcare management of the patient. With the aid of this technology, the power will come back to people’s hands. Meaning that individuals will be responsible for handling their own records thus, getting the overall control of their own data. The technology holds the ability to successfully improve patient care quality while maintaining the funds at a reasonable rate. All the challenges and hindrances that occur in multiple level authentication can be eliminated through blockchain. With the increasing adoption rate, Blockchain has made its way to the healthcare sector. Even in its beginning stage, the technology is being positively accepted by people in the healthcare ecosystem. The comprehensive vision for blockchain to disrupt the healthcare sector in the coming times would be to resolve issues that afflict the current system. Imagine a healthcare system where all the information is easily accessible by doctors, patients and pharmacists at any given time. Blockchain allows the creation and sharing of a single common database of health information.
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I fear market manipulation aka Pump and Dump.
Pump and dump is a form of microcap fraud in which the price of an asset, often of low market cap and share volume, is manipulated by a group of coordinated actors through a series of high-volume purchases.
This artificially inflated demand triggers a dramatic increase in the price of the aforementioned asset, and is often accompanied by an influx of unknowing investors who are unaware of the manipulated nature of the spike. Often this phase is augmented through the proliferation of misleading positive statements or recommendations by experts, further driving casual traders to market.
Ultimately, the perpetrators dump their shares, flooding the market and overwhelming organic demand. At this point the share price of the asset plummets, leaving ordinary investors holding now heavily devalued shares.
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I've seen a lot of reports over the last few weeks, apparently this hashrate drop is related to the size increase of the DAG and is happening only in nvidia gpus.
Hmm this is weird. Should it only occur to low RAM model such as 1050TI since it has only 4GB for RAM?
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which algo/coin combination in which pool (and which miner software) is currently most profitable for 1080ti and 1070ti? i also want to pick a pool that has ability to auto exchange to LTC.
what power/core/mem settings should i set for 1080ti and 1070ti. and what hash rates should i be getting for the algo?
Use https://www.coinwarz.com/cryptocurrencyThey are better than whatttomine and they update a lot of lesser-known altcoins. Right now for 1080TI and 1070TI you should either mine GRIN or RVN for long-term profit.
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I am now mining Monero using a vega 56 rig. With new xmr algo planning to roll out in coming Oct., GPU mining for Monero is inefficient so I am going to stop mining it using GPU. But the problem is, what can I mine now with the vega rig?
I use this website https://www.coinwarz.com/cryptocurrencyBetter than whattomine to find out lesser-known altcoins to mine.
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I have been reading articles that when Etherium 2.0 is released in 2020 you will not be able to mine Etherium with GPU miners. Is this a definite thing or is it still just up in the air? If we will no longer be able to mine Etherium does this officially make GPU miners irrelevant? Or is it still worth building them for @ home solutions to mine other coins and possibly new coins that could be profitable?
I currently have an 8 RX580 rig that can't really mine anything profitable except for Etherium. (not sure if this rig will be useless in 2020 or not).
I am looking to build another rig with 8 GTX 1070ti cards that will give me more flexibility to mine other algorithms.
Would it be foolish to buy 8 brand new GTX 1070ti cards at $479.99 a pop and build a $5000 rig with the future of GPU mining and where it stands? Even if I buy used the rig will cost about $3800. Just trying to see what peoples thoughts are on this. I am willing to gamble, but don't want to gamble if there is no chance GPU mining will be relevant within the next 2-3 years and we already know this.
If someone can give me an idea of what I am gambling on by continuing to expand my GPU miners in 2019 that would be great.
GPU mining was dead in a few months for how many years now? I put together a 4x 7950 rig in 2013, and it's been more or less profitable for 4+ years despite bitcoin, scrypt, and others all going ASIC. It's not always highly profitable, but at a minimum I get free power for 3-4 months a year because I account the heat output as equivalent to my resistance-based heater. By the time the residual value of the hardware is calculated, it's basically a medium risk hobby. The reality is too many people want mining to be GPU-based for the ecosystem of mine-able coins to disappear. CPU-based lends itself too easily toward botnets, ASIC based lends itself to centralized manufacturers with the NRE capital, and that leaves GPU as the quasi-distributed platform that enthusiasts center around.
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Hi guys.
I've got a linode account with a vps with 8 core (the cpu is an amd epyc 32 core). How I can use it for crypto? Is this configuration profitable?
Check your VPS provider's ToS first. These days they instantly ban anything related to cryptomining on VPS.
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I've been mining for ~2 years and using the same OC settings (MSI afterburner) on all my rigs. Just recently (last month or so), I noticed that the total MH/s on every rig has dropped by about 5%. Has anyone else noticed this? My setup for every rig is 6x 1080 TI, Awesome Miner, MSI Afterburner, mining Ethash. Thanks!
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I have an unused server with 20GHz and 20 rams. Is this even feasible to make any profit on any crypto?
It depends on your VPS ToS. All the VPS providers I know, they ban anything related to cryptomining at the very first sight.
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Staking is not a trivial task, and it requires a lot of system resources. I say "a lot" here because even with today's most powerful mobile devices, their available resources in terms of CPU/Memory/Storage/Network, and most importantly battery, can't hold a candle to devices like Raspberry Pi's or Laptops/Desktops.
I don't think staking will be viable at all for now.
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This sub forum has been awfully compared to 2017, and with bitcoin dominance at a high, understandably so.
Just wondering if there are any of you who have installed solar panels to augment mining profitability and how has that worked for you? I know the numbers are there but was hoping to get first hand qualitative info on experiences whether or not it's worth it and if it's been profitable for you.
According to the San Diego desert miner, he ran everything 100% off-grid with solar and battery power and said he was “profitable.” Solar farming, in general, can be profitable for those simply selling to the grid but it depends on the land’s rental costs, geographic location, and the size of the solar installation. Recent estimates disclose that on average a typical solar farm can produce between $21,250 and $42,500 per acre every year: https://www.reddit.com/r/Bitcoin/comments/6kk5dp/i_am_mining_in_the_desert_using_100_solar_and_i/
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Hello, i don't pay electricity cost so i want to find the most powerful GPU to mine ethereum even if the electricity cost is pretty high. Graphic card around 200-300$ Thank you
The AMD Radeon RX Vega 56 is one of the best value-loaded graphics card on the market right now. Benchmarks confirm that it runs faster than the Nvidia GTX 1070 and, thanks to the Bitcoin mining craze, it’s also cheaper to boot. Again, it can be a tricky GPU to track down, and it's power consumption means it might end up being an expensive GPU to run 24/7 in a mining rig. Still, it's excellent at mining, so if you can find one, it's definitely a worthy contender.
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Windows is garbage for mining. If you need Windows for your gaming need, just install HiveOS on a USB then dual boot into it when you are not gaming on your Windows OS.
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Considering general, long-term costs and profitability (featured in the section above) are important. Still, people want to understand what profitability looks like in the short-term. The simple answer is that BTC profitability (as of late October 2019) is bleak. This is due to the relatively low value of BTC when compared to that of the previous bull market of 2017. Of course, this could always change at any point in time if the value of BTC were to increase. To put 2019 profitability into better perspective, it’s good to use a real-world scenario based upon realistic factors.
Right now it is not profitable to mine BTC for small miners.
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FPGA has several advantages; such as being faster than GPU and more flexible than ASIC, meaning FPGA can be very profitable mining coins that are ASIC-resistant. Therefore, FPGA shouldn't compete with ASIC, but with GPU
Similar to GPU, FPGA can also change algorithms which makes them adaptable. However, unlike GPU, you need to build both the digital circuit design and the software. It’s not user-friendly, as learning how to use it might take weeks to months and learning to even develop the FPGA might take months to years.
So unless you are good with programming, I don't think it's worth it these days.
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was having the chat reading some pools on bitcointalk.org ! bitcointalk messages system was getting complicated to keep track of so we decided to make discord servers and invite anyone who is interested ! Join Server :- https://discord.gg/smHa9WbNote scammers & Spammers Are kicked out in instant ! The link is expired, please generate a new link. Don't choose a time limit for your invitation link when you create a new one.
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So i bought this refurbished rx 580 8gb sapphire nitro edition and tried it out on nicehash and honey miner making around 300 h/s . i bought this card to game on and mine when im not using my pc all the research i did said i should be getting atleast 20 mhash/s. Can someone help me out youtube hasnt been very much help rn thank you in advance
Windows is garbage for mining, especially with RX card you will need to BIOS flash it. So best is to dual boot it: you can install HiveOS on a USB and boot into it when you are not using Windows for everything else.
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Hello.I try to find realtime data about global nethash and profitability of coins but all websites giving data with delay about 5 minutes i mean they are not real time.Do you know any source where we can take these data in real time ? I am interesting for MONA and XVG (lyra2v2).Thank you.
Best I can find is this site https://www.coinwarz.com/network-hashrate-charts/monacoin-network-hashrate-chartIt's not real-time, like one hour delay but it got tons of hash rate chart for other lesser-known altcoins.
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