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Minning Zcash or buy Zcash this is my curious question.
It depends on your electricity price. |
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Dont try again flashing bios.
If he got dual bios, it is much easier. |
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The bitcoin price rose enormously in the last year. We had about 150% increase in the past 12 months.
What do you think caused that?
1. The Halving.
2. Nothing in particular. It is standard for BTC to gain value as a result of general adoption growing.
3. Future Bitcoin projects potential - mainly: Coin ETF, but at that time SegWit and LN were hyped as well.
4. Something else or combination of all factors presented above?
Do you think rising trend will continue in 2017?
Or we will hit the ceiling soon due to current bitcoin problems: unresolved scaling debate, fee war etc.
Mostly speculation but also because of the community growing together. I mean let's face it, there is no way that something is going to rise 150% in a year because the user base growth has outpaced inflation by a factor of 1.5x. When there is good news, then there will be pumps. And there is bad news, there will be dumps. Right now we are in a bear stage, which is unavoidable as well as unpredictable as the pumps. But that sub-$1000 feeling again... Good time to go against the crowd and buy. I do not think the bitcoin is in bear stage. It is consoidating. After a few months, the price will rise again. |
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I would say one big reason is the growth of bitcoin.
When you look at the altcoins, most of them have the same environment bitcoin has.
But they get pushed, just to fall again. Bitcoin did not fall.
I really think that the community has grown!
And that growth leads to a permanent demand for bitcoin, and to a high price without (much) drops.
the big altcoins are the ones having independent development. Examples are the Ethereum, Monero, Dash. |
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The reasons why Bitcoin is up 150% in the past 12 months?
I am also surprised: it should be 1500% and not 150% ...
If the block size is larger, the price could be higher. |
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it is all of the above!
but you should know that a 100%-150% rise is not a new thing and it certainly was not only last year.
2011 price went from $0.3 to $3 (900%)
2012 price went from $3 to $14 (360%)
2013 price went from $14 to $1200 i'd like to think real price was $180-$200 (1300%)
the Mt Gox correction took some time but before that price was rising the same way.
2015 started from $200ish and ended at $450 (125%)
and 2016 from $450 to $1166 (160%)
p.s. the numbers may be a tiny bit off the mark, check price history for accuracy!
This year, the price will rise between 80-200%. |
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guys which pool u r using, cause dwarf is giving too low earnings from last 3 days
have been on suprnova.cc for 10 weeks now. very good earnings. switched from flypool and nanopool, since it seemed they were stealing shares. Same here. Moved to suprnova from 3 different pools. Only here is more true to calculation. just switch to dwarf now. 7 hours without a block is time for it to catch up. Been on dwarfpool for a few days. Earnings were indeed low due to lack of shares. Same with Nanopool. I will give suprnova.cc a try tonight. Flypool work very well with zcash, payout are rather high  Flypool does work well indeed. It's always been stable and a good lot of shares. Never had problems with it but it's not the first time I've read they are stealing shares. I will compare to suprnova and draw my conclusions. I agree with that. I must say dwarfpool doing something fishy  Really bad  Different people have different experience. |
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right now my xfx hd 7970 is working on my 1 test card rid. it works really well there.
I will rotate it about on other rigs to see if it works on more then one rig.
how many hashes are you getting out of the 7970? tia HD 7970 = R9 280x except for the bios and slightly slower ram, so it *should* be seeing hashrates not in excess of 5% slower than a R9 280x gets (assuming both have stock BIOS and same clocks), or 200 sol/s very approximate ballpark. I notice there is no difference between the 7970 and 280x if they have the same type of memory for ZEC mining. |
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Just to share what I've been observing with the "power spikes" and HWINFO64. Spikes seem to occur every 5-6 polling intervals (time = 100ms)
V9 (Intensity 8 ):
Fury Nitro:
1110/550, -108mv, ~352 S/s;
GPU Core Current: AVG 153A, but spikes as high as 247A
GPU Core Power: AVG 173W, but spikes as high as 280W
1140/550, -12mv, ~360 S/s;
GPU Core Current: AVG 175A, but spikes as high as 310A
GPU Core Power: AVG 210W, but spikes as high as 370W
RX470 Nitro 8GB:
1300/2100, -100mv, ~223 S/s;
GPU Core Current: AVG 78A, but spikes as high as 126A
GPU Core Power: AVG 78.3W, but spikes as high as 126W
V8 (Intensity 4 ):
Fury Nitro:
1110/550, -108mv, ~300 S/s;
GPU Core Current: AVG 145A, but spikes as high as 192A
GPU Core Power: AVG 165W, but spikes as high as 218W
1140/550, -12mv, ~310 S/s;
GPU Core Current: AVG 180A, but spikes as high as 224A
GPU Core Power: AVG 207W, but spikes as high as 274W
RX470 Nitro 8GB:
1300/2100, -100mv, ~190 S/s;
GPU Core Current: AVG 75A, but spikes as high as 99A
GPU Core Power: AVG 74.5W, but spikes as high as 99.6W
I have the R9 Nano. The GPU will have flucuate between 0% to 100% power all the time, and then it crashes. |
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To be honest i throw all my money into mining rigs.
Since euro is lost and savings are punished here..the best way is to invest into something better tHan fiat :-)
Agree. Just started mining 1 month ago. Earning is not a big deal but I can setup second rig in about 6/7 months.Which suits me allright. not sure if all this will keep for 6-7 months, everything is crashing now, if it was not for bitcoin high price it would be unprofitable already For the ZCash mining, if you use the 7970 or older cards, and the electricity price is over 0.2 dollar/kWh, it is not profitable. |
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when the miner will be generated for windows ??
There are already windows miners. The Genoil and the Claymore miners are both very good at present. |
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How did you make the R9 Nano or the Fury cards to run so fast? I use the stock setting and the speed is just 25S/s. What driver do you us?
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It would be good if bitcoin price is high after I get the salary then it would be nice to have a salary by bitcoin but its still risky to receive bitcoin at this state because of unstable price and volatility since it might impact the overall value if the price falls specially, Also you can't buy food with BTC...
of course it will make a difference in price. we may earn more or less than before. bitcoin price movements will certainly make every company issued a budget for one's salary. This needs to be considered more seriously. People are not willing to accept their salary in bitcoins only because price will never be stable, one month you may earn double of your salary and in next month it can be below the level which can be really risky. That is the main reason why the bitcoin is not a major currency and just a tool for the speculation. |
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Yes, i would accept it as salary since i can save the amount which is charged to convert fiat to bitcoins and i can send my income to my home from abroad easily
convenience is one of the main reasons I am using bitcoin. bitcoin ease give me time and another opportunity to make money. How can the bitcoin give you the chance to earn money. I though you can trade the bitcoin to earn some bitcoin. |
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I would not accept Bitcoin as an salary because the Bitcoin is not stable and that means that your salary is also not going to be stable which is really needed when you are talking about a salary.
For me it would not be possible because I need to be sure on how much money I am going to make this month.
Well i think you need to look for a new job that does not implement bitcoin as salary if you are working at a company that pays only bitcoin right now. I think the freedom to choose what company we want to work with is ours but the method of payment is still in discretion of the company. If the company implement a full bitcoin salary you have no choice but to accept it or look for another company. It will take long time for the companies to start paying their employees in bitcoins as even companies find it risky to invest in bitcoins because of its price volatility, so till it happens its better to go with fiat. The only company I know that will pay its employee in bitcoin is the overstock. The employee can select the portion of the bitcoin. |
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Well it would be nice if the base price of bitcoin will be above 550$ after halving. I think it is possible but I think it can also be breaked. It depends on how much selling pressure bitcoin will have when halving ends and how high is the price it reached before everyone sell.
I think the base (bottom) price of bitcoin will be above $550. That is the mining electricity cost for some miners. That would be mining electricity cost after the halving for small farm or home miners. If you include amortization, the cost will be higher. |
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i hope that the price will not drop that much for now because a lot of people would start dumping really fast
It does not matter if they dump now. If they are the traders, they will have to buy back at much higher price. That is called shorter squeeze. I hope not many people will use levage to buy, they might lose a lot of money. |
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As you can see you see also that there are now more people that is going to have some Bitcoin and that is because it was already stable for a long time so that is really nice.
And the chance to go higher is really high and that is nice and you even can see that the halving is coming towards to us.
After the halving, the price could rise a lot. But it might rise immediately. It might happen 6 months later. The stable price before and after the last halving rose about 10 times in 2012/2013. But there was financial crisis then. That will be nice but it will be really hard to know what is going to happen with the currency because there are still a lot of people that is going to have some Bitcoin. But nobody will know will know what the value will be and that is the problem of the Bitcoin so that have to change in the future. Even though we do not know the price of bitcoin at a specific time point, we will know the certain range. |
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350 will be to hard to maintain for a safe zone. I expect it to be somewhere between 300 dollar. Which is still 100 dollar more then the last low (200 dollar) which we achieved last year. So overall it is a good and positive thing.
Nah 300 is way to low for the new bitcoin low. I guess the low is somewhere around 330 dollar. The lowest price we saw after the halving was around this area We were stable at $385 for a long time and started to rise from that value. So I think $385 might be the low bottom of bitcoin. It would be nice if that can be the bottom because as you can see now the most people are also hoping that the value will be more worth and that would be nice. But you only never know what is going to happen with Bitcoin and that is the problem. As you can see now you see that the value is not even going to that high and that is because it was already stable for a long time but you also see that the value is going to be higher slowly. And that is nice for the people who already have Bitcoin maybe they can earn profit soon. Price will keep on rising for next couple of months until we reach the halving stage, but after halving if price falls down then maximum low would be $350 nothing below then that. The price will rise slowly. It might take two months to arrive at the $500 level. We are waiting for news. |
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i agree i doubt it will ever go below $350 ever again.
Only up from here on out.
I hope you are right but I do expect the price to go down again n the end. Being so long in bitcoin made me very skeptical. I guess we could see the price going to 300 dollar in th elong run. Maybe even loewr. Do you mean the price will go down to $300 in the long run? I do not think so. The price will be much higher. |
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