We could get listed on Crytopia but they require ~0.25 BTC to list us.
So far 2 people offered to contribute to the crowdsale listing, if more people volunteer then we might proceed.
they should really lowered that amount bitcoin is not at $400 anymore, i remember it was 0.1 long time ago....it look like a scam now |
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Im actually doubtful a manufacturer actually think about mining, even with thousands of card, it's still a drop in the water for them, that said, since they're dominated by nvidia in the gaming/embed world, possible they try to appeal to more markets, you never know, they did kinda the same with the opteron against intel for server CPU and were able to make quite a good hole with a pretty good product. Also the market of PC has been on the decline for a while now, so that may be a good way to make up for the difference. We'll see ! I don't except that much difference price/performance ratio against the 470/480, but let's wait for the numbers  same i can already see, that they are similar to 1070 performance, minus a better boost on eth where amd excel the only good thing is that the 1070 price might come down tnx to them... |
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I think it is a common misconception that all early adopters have gotten rich off bitcoin, there have been a few but i have also read many stories like the one in the OP over the years. People don't just get rich for being the first one through the door.
One of the oldest stories about an early adopter that is apparently btc broke now is laslo, he may have spent 10k btc on a couple of pizzas but he did get his 15min of fame out of it and will always be in the history books for being making the first recorded bitcoin purchase.
some of the are indeed rich, you would be a moron to spend 10k bitcoin or more and don't hold anything until real value kick in, not all of them are asshole that would dump at the first pump and lose the possibility for a real gain intelligent people should always hold at least 50% of something that has the potential like bitcoin, there still "medium size" early adopters out there, what make you a real early adopter is the ability to hold your coins until the real opportunity come in |
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You think a bull run is coming?
We've been in a bull run for months now, punctuated only by a few short-lived panic dips caused mainly by PBOC shenanigans.
I see no reason for this bull run not to continue.
i won't call this bull-run, just a steady return to the last ATH, or to the main if we want to follow the chart example about how a market move the real bull run is yet to be revealed, there is no real adoption now and EFT is not even initiated, people will shit their pants when bitcoin will be on track to increase how it should be |
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not worth the investment unless you can go very big, it's centralized as it get and not casual anymore
for example 1 single s9 net you less than 0.01 per day with 1.4kw/h of consumption, and the diff keep increase, which mean this amount is decreasing over time
we are already approaching the day where you need the whole resitendial power(usually here 3kw/h) to run a miner...
Just plug the numbers into a mining calculator, you'll find that unless you have ridiculous electricity rates, you can make profit. Electricity is 0.10 $/kWh where i live and I could easily turn a nice profit off 5-10 S9's. as i said in that post you need to invest big to make something significant, 10 s9 is $20k, not everyone has 20k ready to throw at crypto and with 10 of them you are only generating 0.08 a day, minus electricity, it's not that much.... |
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i dont' really agree with the first one, since they are newbie it's better for them to hold the money on coinbase which is insured at least, their computer is not...
i heard many stories of newbie and their account being hacked because they don't know how to secure them locally, and they don't like cold storage apparently, or don't know hot to do it properly...
also about the mining part, you can definitely mine bitcoin, but undirectly with altcoin, but it's better if any still think there is no profit, because we are reaching a bad point there also...
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probably all those that have this concern should really stop and just use an acccelerator for now, it would make your life easy and avoid repeating the same thing here
this if you don't want to pay the correct fee which is becoming stupidly expensive some times, and btw solution are there just consensus isn't and you can't have always both...
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don't see bitcoin as a stock only, bitcoin is not only for investment, it would never achieve what it was meant to be if treated as investment tool, it's also about usage
therefore you don't necessarely need the big investors to coem in to increase adoption, you need more average joe to use bitcoin, and buy it first of course or earn it....
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I never heard or knew that bitcoin network is under attack but as far as I know that the network could not be attacked by a hacker that easily maybe you are just thinking of it because of the payments or transactions are being delayed but I think those delayed transactions are common on it's network and it is not because of the attack blockchain is just getting loaded by plenty of transactions being processed .
it's not about hacker or whatever, bitcoin can't be attacked like that, it's more easy to hack abank than hacking the bitcoin network bitcoin was attacked by a spam attack to increase the number of transaction and make the block look always full, probably someone that want the limit to be increased asap because they have no other reason to do so, they are also losing money doing it |
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you can do 8MH with 70% tdp or above 9MH with 100%
You can reduce the power by using the -x parameter. Lower x value, less power.  i get also less hashrate, i made many tests, the best result is 70% tdp(i'm trying 72% now to see if the peak is not above 1000watt, with spreadmod 9 was not possible) with 30 intensity, i get 8MB at around 100 watt  peak 173 watt |
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Guys how is it with selling asics? I got into GPU mining since you can always sell equipment for a good price and therefore there is almost no risk to mining, but with asic? If I dont ROI, is there a chance to sell it?
sell it before the profit get too low, usually in 6 months maximum |
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If you guys didn't get the memo Claymore has a new dual miner for eth+pasc, which is why pasc has been hit so hard. Unless someone improves the Nvidia miner, it's pretty much dead.
480s are earning just as much dual mining as 1070s are just mining normally. -_-
Dual mining eats a lot of energy for RX 480, no ? Not everyone can afford to do that. yeah i doubt a 480 dual mining can consume 100watt like a 1070 |
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Someone got a calculator for spreadcoin ? How does it work (usual calculation of hashrate versus network ? because i get very weird numbers), thanks.
we can't all mine it, at best 12 rig of 1070 can mine this without screwing the profit.... |
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Spreadminer #10 results.
gtx 1060 3g: 5.3MHASH. (5.8 with oc.)
gtx 1070: 8,7MHASH (9.3 with oc)
I have tested the miner this morning and just found a couple of blocks. Spreadcoin sp-mod #10 can be yours for 0.05 BTC With the current difficulty a single gtx 1070 @ 9 MHASH earn $2.85 a day. TSIVS free NVIDIA opensource miner only does around 5MHASH on the gtx 1070 fyi opensource version of tsiv spread miner yelds to a whopping 7300kh/s with a standard gtx1070 you can do 8MH with 70% tdp or above 9MH with 100% |
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On an Intel i7-6700K you get - You have validated 1111 transactions!
- You have contributed 0.3908 Sol/s on average to the network solution rate.
- You have completed 1066 Equihash solver runs. with 6 threads. it make sense to mine with that hash, i can't tell the actual income on the pool, what is the revenue per day? |
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at that point isn't better for them to just attack the network with 51%? i see no sense here
A 51% attack is a once-off basically. If you do it successfully, the users will simply swap to a different mining algorithm which will render all of the attacker's expensive hardware worthless, so you had better make bank. Looking for less disruptive, sustainable ways to earn extra is therefore more sensible. That said, this particular "attack" is pointless for the reasons I mentioned above. how can users simply swap to a different algorithm when it require an hard fork, and there will be never a consensu for this? if the 51% of nthe net decide for a 51% and the remaining not, i doubt those 49% are going to agree to lose all their asic sha256 for a new algorithm The 49% cannot use their SHA256 ASICs in that scenario anyway, because of the 51% using theirs to attack. A 51% attacker won't just fork the chain for 1 block and then retire to their lair, cackling like Dr Evil, they will continue to fork ANY chain using the same hashing algo, meaning all ASICs for that hash algo are written off for all except the attacker. it make sense, but you can't simply rebuild a peta farm in few days out of thin air, where are all the money to invest in it? you think the network would remian unoperative for months because they need to build new asic for a new algorithm, which will be in any case susceptible to another 51%(by gpu if not asic) because the total hash would be very low.... Well, considering you previously believed that keeping SHA256 ASICs once a 51% attacker has made themselves known, I'm not that surprised that you believe that changing the PoW algorithm can only mean rebuilding the entire mining infrastructure with only an instant to do it. because i believe that those remaining at "49%" with their asic would simply create their own bitcoin fork instead of changing all their equipment for something that might not work anyway for the reason stated above |
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Or buy Baikal miner. It only consumes 40W. And is highly profitable now.
profitability is reducing there, and with the 40w mini version, you are not looking at a good profit anyway, they produce something like $1 per day the good thing is until the new miner for those algo come ou, you should be relatively safe, in oen year those things will be obsolete without doubt, aside form this the profit is already declining... |
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are you sure is that low? or simply you didn't take in consideration all the tax and everything else that should be included? i never heard of an electricity that not even in kuwait which is the lowest possibile inthe world
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