bitcoin will revolutionize the way money will play a role in this world, like internet did at that time, one big currency for the entire world and the reduction of centralization
with this in mind, some country might completely be free by their government in the future, and use bitcoin as a main currency, those poor country have a very high chance to do so
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The exact copy of pasc without any new additions, looks like a bitchy alternative to pasc. After seeing pasc being propelled up with chinese money u guys wanted to catch some of its fame and pulled this dastardly tool of deception, subsequently trying to fud the original pascal and lure its former followers into ur ruse.
it's for those that missed the pascal train, isn't this whole place for those that missed the bitcoin train? you got the point...
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move to baikal, stray away from the dark side of x11
Have you used any pinidea gear? I think there are pros and cons to both companies, they each fill a different niche in the mining community. So far I've had the opportunity to try both the du1 and the dr3 and have mostly good things to say about my experiences. I'll write out a proper comparison and maybe even some guides once I'm able to get my hands on a few mini's. i have never tried the dr3, i have tried dr1 and du1 i like baikal multi algo, and at least they have products in stock btw when x17 will be added to baikal?
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I don't know about you guys, but I'm sticking to optiminer. I trust him/her and I don't believe someone unknown would provide 8x the mining hash as optiminer.
optiminer for amd only? there is a running cuda miner for this? besides that virus thing....
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Its 660 at 180w Eth is 38 mhs 125w Pascal is 1650 at 180w Lbry is 450mh at 180w Sib at 21mhs at 180w
50% faster than a 1070 but consume more than 50% and cost more than 50%, not worth it
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keep in mind that the miners consumption is very low, take a antminer s9 for example, at 0.05 cent electricity and 1400 watt it only consume $50 a month in electricity
this is the money they need to cover with electricity, now just scale it and you will clealry see that they have huge margin
but since the competition is ferce i suspect that for the same earning they had before they are consuming far more than in the past
for example if an antminer earn you 0.008 currently, and consume $50 a month, right now they need at lest two of these antminer to always earn you the same amount(0.008) but consuming $100 instead of 50
this because they must stay in competition by adding miners equipment because of the diff, and this also result in incrementing their consumption without a higher return...
right now they are spending around $12M in consumtion per month to generate 1800 coins a day , which is $60M a month, ratio 5:1, this mean that bitcoin need to be 1/5 of today price to be unprofitable for them
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I expect outside pressure will make china irrelevant in the game sooner or later. Their only strength is cheap electricity, that is ALL.
They also make the miners which is rather important. It would be a vast amount of fun if there was a concerted BU power grab and they were to find themselves permanently fired. I suppose they could rent out their mining warehouses to heat orphanages from then on. The mining cartels could do with a shot across their bows. they are not contorlling the market anymore, the more bitcoin become stronger the more country will join, and make china obsolete, china have only the number as their advantage, they are too many, which reflect on the volume on their exchange they still contorl th mining scene, and will do it forever i guess, unless some other country build a new generation fo miner with far more better efficiency and all, after all china wasn't the first one in the mining scene
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neither for me, i'm more of a generate and hold and never sell and just use your coin to pruchase what you want
i guess if you are a good trader you can do buy and sell, but not now in a bull market, would be a suicide, unless you are so brave and lucky to hit every little fluctuation to the bottom....
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In the end, we are dealing with a piece of code. There has been "flaws" in Bitcoin before and it was rectified. If ArtForz wanted to take all our coins in the early years, then he could have done that, but he told Satoshi about the flaw and he fixed it.
This is the thing about Bitcoin, if it fails, we all lose money. A consensus about the critical change that would be needed to "fix" it, will receive quick consensus once it was published, because it will be in our best interest. ^smile^
A lot of Peer review goes into this code, because it is OpenSource, so chances of "critical flaws" being identified is reduced.
bitcoin almost failed in the past, remember the 2010 bug? but nothing really happen to its value, the marketcap is way too big now to simple fail because someone is not in agreement in the worst case it would remain as it is now with the 1 MB block, without the possibility to scale, miners actually are not against segwits but more against LN, they think that segwit will lead to LN eventually bitcoin unlimtied my look like a fork but unless i'm missing all the change it's just look like the first client version with the 32MB limit
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first of all segwit and LN go side by side, because segwit is not a final solution, it's to buy time to have the proper solution, or mayeb you think that 2-4MB will suffice forever? sidechain have their bad design too like for example if the dev of that chain premine too much coin that can be exchange with the unlocked bitcoin segwit have some falalcy liek this https://www.reddit.com/r/btc/comments/59vent/segwit_false_start_attack_allows_a_minority_of/ and many other that can come out, but the real reason is because they would earn less because of LN + segwit
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get a job and buy bitcoins. lol
technically that is not earning but buying which is investing, earning mean only generating(via mining) for now or selling stuff in exchange for your coin you can actually earn your bitcoin without buying via bitwage, it would be as receiving your salary in bitcoin instead of fiat
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One of the main differences between BTC and traditional money is that the number of coins is limited. As far as I can remember there can only be 21M minus the ones lost forever.
But the 21 million bitcoins can be subdivided into 2,100,000,000,000,000 satoshis (enough for 300,000 per person), so it would be difficult justify bitcoins being collectible based on rarity. If you are looking for collectible bitcoins, check out physical bitcoins here: https://bitcointalk.org/index.php?board=217.0but this only make sense when the value fo a single satoshi will be very high, not at it is now, if it is almost worthless it can not be taken in consideration bitcoin should be evalued by the is biggest unit not the smallest, which is 1 btc
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sp did you take a look at the open source zcash version of nicehash? i'm sure something can be done to increase the speed
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so the last version of this compatible with suprnova pool is the 5a version? there are too many version and fork is gettign confused here
which is anyway slower than the EWBF version
This is EQM, not nheqminer. right, that's what i mean with confusing the two, but no other version are in plan for that? they are both slower than the private miner I am not sure, on my devices, EQM is equally fast, besides you need to consider devfee and the fact that ideas were copied out of EQM. ah yeah but the fact that you earn less because it's locked make it less appealing
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look what i've found, new amd board with 6 slot AB350 Pro4, i'm wondering if it work as a mining rig, still very new you can't find it yet
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so the last version of this compatible with suprnova pool is the 5a version? there are too many version and fork is gettign confused here
which is anyway slower than the EWBF version
This is EQM, not nheqminer. right, that's what i mean with confusing the two, but no other version are in plan for that? they are both slower than the private miner
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yeah it's very easy to use and very fast, it update almost instantly for me
btw my temp are 45° what are the maximum temp allowed? now that summer is coming again, i want to be sure that i'm far away from the limit
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Having more pools will make network more healthier. Look at other currencies, we need to have at least 3..5 pools.
More pools ? Is there a pool already ? can you add a pool for this? it's not different than adding it for classic variant
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ok everything work good, but in the configuration it let not save the pool
That is great news! Glad you were able to get it working. The pool configuration screen is a little confusing at first. They have a BUNCH of pre-made pools in there so you can switch them rapidly and can save the config as a backup. But once you play around in there you will get the hang of it pretty quick. Remove the ones you don't want, and to add the ones you do want. With the preconfigured pools you click on the section on the left for the groups of preconfigured pools and they will show up in the list on the right. You just plug in your own id/pass combo which makes it very fast and easy to do. And you set the priority in which you want to use them. yeah i deleted everything and re-added mine now it look more clean too bad there is no solo mining with this, can come in handy with new coin, i'm talking with baikal for this, they said that perhaps there is a way
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ok everything work good, but in the configuration it let not save the pool
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