the recent small crush is nothing that we have not already seen in the past, if you are worried because bitcoin tanked by $10 then it's better if you leave bitcoin, because this kind of swings will always be there no matter the adoption size
and frankly speaking putting your money on any alt is far more dangerous, their swings are soemthign like 100%+, bitcoin in comparison is very stable...
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nothing bigger than the ssl bug remember the heartbleed? it was said to be in there since many years and no one notice it until 2015 i believe
the world is full of hackers that will use whatever tool they need to scam innocent, they also make their own malware that can not be detected by antivirus and similar
and then we have win 10 which is already a risky environment, holding big amount of coin this OS can open the door for future stealing without the user noticing
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if i can have the possibility to use bitcoin i always prefer bitcoin over fiat, transaction are more anonymous, no record on my bank account activity, more privacy
i know that until the value is very high it's better to hold, but it more satisfying to use bitcoin than fiat for me, the fee are also lower than paypal for big bpurchase
paypal eat you 3.5% in fee which is huge if you buy a thing for $400 for example...
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use transaction that are not so big in size, you should do good with $0.5-$1 in fee, $2 is overkill most of the time
or use bitcoin only to send big transaction and not micro payment, until the consensus is reached on the block limit fix solution nothing else can be done
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Just tested ccminer with blake2s algo on NevaCoin. I get hashrate 3.1 GH/s on single gtx1070. Is it good speed?
3.5 here
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the exact countdown is 12 or 14 hours?
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if it isn't for netko i may be interested, but the payment should be higher than what i'm making now of course
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If we consider the cost of electricity in many countries, it is best now not make new rigs. But in some countries, there are low-cost electricity. If you have free electricity, it changes everything.
I'd say anything below 0,10$/kW is still worth it. You can always build 4-5 GPU rigs with cheaper PSU's and eventualy mine monero for low power usage. Anyway, i'm still buying GPU's, i think there will always be something to mine, even in a few months when ETH ends and ZEC dissapears into oblivion There will always be something to mine.Besides my RX series, I'm still runing R9's and 79x0 series on ZEC, they don't bring much profit, but still are far from over. The difficulty that would drop onto everything else after ETH turns PoS and ZEC gets flushed would do more than double the hash rate for everything else. You can't look at the current profitability of XMR or any coin. If your R9 and 79x0 cards are little profit now, they likely wont be profitable to run soon. not true, i think there would be a massive sell off of many mining rig, if the diff triple on everything there will be no more profit for everyone, only peanuts for those that have lower than 5 cent electricity
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i don't remember how to run only one gpu here?
in ccminer? ... its usually the -d parameter mate ... -d 0,1,2,3,4,5 ... for a 6card nvidia system ... for example ... if you want to run the third card only - you would use -d 2 ... or cards 1 and 3 would be -d 0,2 hope that helps ... #crysx no here in this version, -d do not work
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there is no way this can go to $200 anymore, if you understand how the market work, do you think any person in his mind would sell his bitcoin bought at above $200 or above just because there is a little panic for something that is not certain?
and add to this that going at 200 will destoy mining profitablìily, do you think miners will want this? they want to any move that can lead to a disaster in their business this is guaranteed, that's why they are not deciding anything yet
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This is a question thats come up many times. To put some perspective into the argument have a read at this article: http://www.bitcoinnotbombs.com/bitcoin-vs-the-nsas-quantum-computer/Please pay particular attention to the section quoting Bruce Schneier’s 1996 book, 'Applied Cryptography' and the effects of thermodynamics on the processing of information, coupled with Peter Shor's algoritm for a quantum computer to break public key encryption. It's east to forget about physical laws that don't at first glance seem to have any influence. The basic message is : SHA256 is safe, period. ECSDA might be vulnerable if a viable quantum computer can be built and run reliably but that at the moment would seem to be some years away ay present! On a side note I've just finished reading an excellent book by Simon Singh, 'The Code Book'. It was written some time ago, long before Bitcoin came into being but it's a very interesting history of codes and codebreaking. Also explains RSA and why super large prme numbers are so sought after. Sure, SHA256 may be safe, but what about the other algos? Surely, someone will eventually program a miner that can run on a quantum computer using some other algo like scrypt or X11. Do you think these physical limitations you're referring to affect those algos as well? scrypt is more hard memory, so i suspect it's even worse to make a low cost miner for that compared to sha256, x11 should be the first target if they ever want tot ake on that market there are a bunch of other algo that are more easy to overtake, those that are prone to fpga or asic without memory hard limitation are the first one
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s4 can be used with nearly free electricity, your only choice is s9
a s9 can generate $300 per month, with 0.1 electricity, you need to remove around $100 in electricity, and you remain with $200 net per month
if you can find one second hand at $1400, this would lead to $7 months to roi, now factor diff increase, and you can easily go in the 1 year territory unless you resale early
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it doesn't make sense to remove it, because i can simply create another wallet if i want more anonimity, and creating another wallet is more anonymous than making more address with the same wallet
not to mention it also lower your average transaction size, it's a win win situation, for everyone using bitcoin
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it was worth much more before the last jump in value, would have been a perfect move with minimal risk, now the risk are higher for a dump to $1k
maybe before investing wait for the EFT to approved or not, after that you will have a clear picture on when this thing is going, and you can invest safely
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you are assuming that other country will use it only because it will be centralized and regulate, basically an "euro coin" that work with all the country
you see already all the issue with the euro, what make you think this will work instead? the only currency that can work a globally level is a decentralized one
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i don't remember how to run only one gpu here?
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can someone compile it for windows?
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all products are limited at the moment, demand is off the scale
i'm curious, how many giant units can be produced per month? i see some times that the diff jump very high and then return normal, it's like they are testing stuff out there...
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Advantage of GPU over the Baikal ASIC is that if diff goes nuts in Dash (which is likely) or price falls (which is also likely) a GPU can mine about 100 other coins that Baikal cannot.
well a baikal can mine 6 algo not only one, so you have some other option in case x11 tank, it's also true that if dash tank other coins can not sustain its hash
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1070?
Pascal kernel is not for sale right now. This is the old mod done in 2015 for the maxwell cards. The price has been reduced from 0.1BTC. how much are you doing on a 1070? just to know
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