All about speculation now that simply switching to the most profitable algo or mining one coin isn't incredibly profitable. Some low-cap coins go up high and crash right back down, some just sit for months and finally go up one satoshi. I've even heard a while back about a guy who was mining a fairly low-volume and unknown coin with all his rigs and managed to, in the end, break even on all his machines in one or two days. High risk but high reward because of volatility in pricing and all. You might get lucky and make thousands, you might just get a few pennies.

I keep more than half of my cryptocurrency stash in Bitcoin, but I invest the rest of my coins into alts for the medium and short term because of the aforementioned risk in altcoins as everyone else has already said. I'm okay with losing what I invest, and though I'm actually up quite a bit in my trades (I do only a few each week), I don't put all my eggs in one basket and always try to spread out the funds I have allocated for investment. I'd sleep easy at night even if I lost everything in alts and I don't make a thousand trades and get stressed about it- that's my main goal with alts, to potentially make some profit but don't worry too much if it goes in the red- if that happens, I just go see how much money I have to play with and potentially put some more in to buy the dip.

Anonymity is a huge part of it. People want to gamble online anonymously, and with currencies like Bitcoin (with the right precautions like blending, etc), this is possible, and there's another good point in the post you just quoted- quick transfer speeds. The same can't be said about fiat currency and bank transfers, etc. People are free to do what they enjoy, and just like with many modes of leisure (of which gambling is one), money's sometime spent that can be invested for profits, for example. Not every dollar you have has to be used towards making more money. There are very good reasons behind people gambling with cryptocurrency; don't say something's ridiculous if you don't understand it yourself.

His wording is a bit ambiguous but he means that they ship this instead of the old APW3++ in their miner bundles. Looking at the 13.5TH/S S9i with PSU listing confirms this:


I looked at the efficiency curve of the PSU and it seems the lowest you'd want to run the PSU at with a decent efficiency (~88%) 15A at 230V like you said, though you get a good bump-up to ~93% at 30A, and it reaches maximum efficiency at 60A at 230V (95%). Would post a chart but I'm on a phone and the image format isn't accepted by my image uploading site. Oh well.

On another note, Bitmain has released a mobile site for their shop (entire site and not just shop upon further notice?), and it's well organized with sections for PSUs, specific algo miners, etc- it's certainly a change I welcome as I browse their site often from a mobile device. Not sure how recent this was, but I just noticed this upon opening your link to the APW7.

You're close but not quite onto the point- cloudmining is NEVER a good option and you should never consider it to ever be a remotely good option. It's always a better option to consider alternatives like getting miners hosted when you want to consider mining outside of your own home- risks increase as you go from home mining to hosting to finally cloud mining.

Depends what your daily needs are- the situation with mining profitability is absolutely shit right now, and you need a large setup for the (potential) profit to even be worth your time IMHO. A few rigs won't sustain my personal daily needs. There is a whole lot of risk with not a whole lot of reward in mining right now, especially when the break even time of most GPUs and ASICs that aren't risky first-batch new-algo machines are below or around a year and the situation with profitability has been dropping or stagnating recently.

The current topic isn't about quitting gambling, and this section of the forum is all about gambling discussion. If you wish to talk about quitting gambling, please do so in another topic or you're just shitposting and trying to increase your post count by talking about something completely out of the conversation.

As a follow-up to the SEO topic, you'll likely find that altcoins are marketed closely to their market caps (information can be easily accessed at sites like coinmarketcap.com).

Additionally, another type of casino I've started to see more are blockchain casinos, which are usually based on block hashes or something of the sort, mostly on ETH but also (very often, I've seen several in just the last few days) on smaller and often new coins.

If you're looking for soundproofing guides, here's two guides that I have saved on my browser.

This guide by philipma1957 is more oriented towards BTC miners like the S9 and S7, but it should also work for the D3. Fire resistant, fits 2 Antminer-sized units and works very well.

This enclosure also seems to be somewhat fireproof and should work decently, but it only fits one unit. Cost for this is around $120.

If you decide to purchase something for soundproofing, don't go for something like this. This type of noise reducer hardly does anything and you're better off with the two solutions I linked above.

Absolutely insane that you trusted a cloudmining company, out of all the crypto companies out there, with $90,000- you could've gotten miners and had them hosted or even started a small farm. The only entity that wins in cloudmining is the company that sells the hash in the end, and Bitcoin.com explains it on the same page that they sell their hash at-


By selling the hash to you, they essentially offset risks to you instead of mining themselves.

Anyways, it's all about fees like what everbody has mentioned above me. What I find interesting, though, is the fact that the Bitcoin.com mining site states you're supposed to be making $12.34 a day with 379TH/S on their 2-year plan instead of the $2 you're making. I assume the plan you purchased a year ago used S7s instead of S9s (the current plan) to hash, and thus your daily rewards are on the edge of going negative (as electrical and maintenance fees reduce actual profits to basically nothing). Why Minergate pays you almost $10 daily I have no idea- SHA256 should not be paying that much, especially after fees.

Medium-effort scam.

No CPU, GPU or even ASIC is capable of mining Bitcoin profitably at such a rate that these people are claiming is possible with their software. It's simply impossible despite anything this guy tries to trick you into thinking. First red flag you should have seen is Bitcoin Mining software, yet everybody with two brain cells knows you cannot profitably mine BTC with a CPU.  

Additionally, even if this were just a Nicehash-esque profitability switching software, it's never worth $200 to pay for a 'premium' version of mining software unless it brings some significant improvement over a public/free version, and in this case it's supposedly no fees mining and on withdrawals. On top of that, the CPU these guys show mining in their video isn't capable of making jack shit now that profitability on mining is dropping like a rock. Realistically mining, an I7-6700T is probably making you maybe a quarter or less a day. A simple rule applies for everything like this: If it's too good to be true, it probably is.

No, I'm not trying to get people to use my own software. I don't even program mining software or program much at all and I have no plans on scamming anyone, but this is just a blatant scam. No wonder you're getting negative comments.  

Now, if you're looking for software to mine with leftover CPU and GPU power, Nicehash is a simple and one-click way to mine. They do take fees, but that's a price you pay for convenience. You can also try to find profitable coins and mine them with your device by finding the algorithm the coin is on and using the appropriate algo miner, like Claymore for ETH, etc.

Straight-up gambling should not be treated as an investment at all- gains in gambling are an illusion that only appears in the short term as house edge ensures that you're never going to make a profit in the long run. If you're looking to make money reasonably safely, some good options are investing in online casinos (more information can be found at this site) and/or lending to exchanges and possibly trading. All of these options carry risks, though if you take steps to minimize risk like not going all-in on lending or trading (therefore you don't lose all your funds in an exchange hack and don't lose it all in one trade), they're all reasonably profitable investments with low risk.

I prefer using the one-click Google Email type of login/signup for basically any site- it's fast and easy, I don't have to make another email or username and password combo that I have to put into my password manager. I'm much more inclined to visit sites that use this type of signup than the traditional username or email and password as I like a quick login, but then again anonymity isn't extremely high up on my list of things I look for in a Bitcoin casino. Never really been into the URL-account method of signup on casinos either.

Why would you pay 0.05BTC for software that hardly increases your hashrate and actually costs significantly more than the card you're buying? Even if you're buying multiple cards the already long break-even period of the cards will be extended, and it's not even worth looking at for just one card. If you're going for multiple cards, it's still better to just save and gather your money and buy a Pascal card like the 1060 or greater. There's basically no point in going for anything lower than that because current card prices and mining performance make the 1050ti and 1050 cards bad for mining.

It's pretty clear to me that Bitmain doesn't really care about Hashnest much anymore the way they've been acting recently and thus they aren't adding new miners and they might just move to just fully mining for themselves- they did the redemption period for S7s the way they did for previous miners like the S3s and S5s, but there's been more and more server maintenance and errors in general on the platform since the Scrypt miners were added. The profitability on S9s and L3+s continues on a downward fall and the redemption of their last miners might just be the end of Hashnest considering they've added nothing since the L3+s and things have been going down since then. I would be pretty disappointed if Hashnest just died like this- I remember the platform back when the S3s and S5s were traded and there used to be a chatbox in the Android app that people actually used. Good times...

I'm going to agree with most of what's already been said and say to go for the 8GB Armor card. The entire Armor line isn't anything special (IIRC the cooling on the cards is pretty crappy), the DAG won't reach 4GB until quite some time like you said, and the Sapphire Pulse is the better card, but the extra 4GB of memory is definitely worth it in the end if both 570s are priced the same. There's basically no reason to go for the 580, especially if it's $50 more expensive, as whatever minor gains you will get while mining don't justify the increased price.

What price are the 570 cards going for? I'm wondering if you're getting a decent deal on the cards, as profitability's continually dropping and the price you pay for cards affects your break even time greatly.

FPGAs disappeared in the past because they were succeeded by ASICs, and the crypto mining ecosystem was entirely different back then. Because many algos are now 'ASIC-resistant' or whatever fancy name people call it nowadays, ASICs are impractical to design for some algos because it'd take too much time and money to do so, just for the algo to change. FPGAs are now essentially the top of the mining succession chain for many coins now, because they are easily reprogrammable for another algorithm and thus aren't as susceptible to a chain forking and becoming a brick as an ASIC is.

So back to the question of GPU mining dying: will it happen? I don't think so entirely. There's likely still going to be coins and algos that are untouched by FPGAs and GPU miners will be able to mine on those coins and algos, but I expect that unless something with coin pricing changes, mining profitability will continue to slip downwards. The game of GPU mining's extremely risky now, but it's not quite dead yet.

Neither online nor physical dice are perfect, as online dice can be manipulated as you said, sometimes even despite probably fair checkers, and physical dice can be affected by wear and the physical surface on which they're being rolled on (and the one side of playing dice are even heavier than the six according to this article), but I would agree in the end that it's much more common and simple to manipulate an online gambling site rather than a real-life game. That being said, gambling on reputable sites should keep you safe from rigged games, and any obvious evidence of a game being rigged is often found out about somewhat quickly.

It's something like that, I assume that's how it works as the fee for other mining software and firmware (Claymore comes to mind) is collected in a similar fashion. It's definitely worth the 1.5% fee IMO, Blissz did a great job with his firmware and it's a true shame he hasn't done anything more since he took down his downloads. He'd be making more money if he made new software as well, and he does have a good reputation on the forums now... Perhaps it's just that he is satisfied with what he has earned through his firmware like what bclcjunkie said.

Additionally, there are tools you can use in trading to help you predict future pricing and patterns in the market (technical analysis), but in the end it is extremely debatable whether or not these tools help or work much, and trading is still luck-based, much like gambling. You can reduce risk in trading to minimize losses by reducing trade sizes, etc, and trading isn't exactly rigged against you the way regular gambling is with house edges, but trading and gambling are clearly related in some ways.

If we start talking about leveraged trading, though, we start to stray closer to true gambling. Leveraged trading is extremely risky and there's a reason why most people choose not to do it- though your gains are greater as a result of leverage, so do your losses, and then margin calls also come into play. In the past when I've tried trading, I never even looked to it or thought of it for these very reasons.

If you go to the thread of the L3+ firmware, Blissz states under 'Important' that the software for the L3+ has a 1.5% devfee, otherwise everything is free with the firmware.

If you're looking for the software itself, downloads for it can still be found all over the place despite Blissz taking it off the forums. I found this download link to it on the subreddit r/litecoinmining and it appears to be legit, and I know many members here also have the file somewhere.

I'm currently in China and the site works well for me (probably because I'm near their servers). Same goes if I use a VPN for the West coast of the USA. It's probably an issue on your end that csuses the page to not load- perhaps try using a different browser or device altogether. I wouldn't worry too much, Bitmain gets things sorted out in the end.

If you have coupons you want to sell, it may be a good idea to start a thread in the Digital Goods section for them. The mods usually don't remove posts for them here, but that's where I have been seeing most sales of coupons occuring as of lately.