Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say. Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way. Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that. LOL Edit: post deleted - no sig spam wanted here. It's not sig spamming wtf. There is no Ledger Signature campaign as far as i know. I did put it as a sig because i have nothing else to put. Someone share your post on a slack group (CryptoFR) and i disagree with it so i did reply. Deleting my reply for shitty reason because you don't agree doesn't change the fact that i'm right. Miners are paid by the network to secure it. You're not here to rule anything. Oh and i've remove the signature so you will not have any legit excuse to delete this post this time. Like I said you are right BTC Developers can fire the miners BTC developers can lower the tx fees for the miners. They can do whatever they want to squeeze out more profits. I think of them as Chris Christy governor of NJ shutting down the George Washington Bridge for four days a few years back. He got away with it. Should be fun to see the results of the change. |
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I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.
The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.
Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.
One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.
I have gone the route of sitting on cash. I will Look for good spots to get something cheaper. I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass. I have 550 that I have to spend by August 1 on ebay This is all the ebucks from buying 1080 tis from April 1 to June 30 I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol I may buy some silver bars http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585 |
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On another note Bitmain seems to have launched the D3 X11 miner (15GH/1200W) selling for $2600 and shipping in September. Perhaps you could get another X11 miner for a decent price if you wanted to  profitability calculators show this thing making almost $100k a year but it will likely crash with iBeLink also releasing their DM11G. I will toss it in as a prize here on the next round. problem is the prizes are too small since we don't get many picking for free shot at sidehack compac and 2 ltc. |
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oh man leo, I need one of those for every one of my rigs.
you sold it to me 4 or 5 months ago! they turned out okay running it with other miners it makes 10-15 cents a day |
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Hi kano. 1 August with BIP 148, do we have anything to worry about? Us miners in kano? I'm a bit stressed. I've read alot of OPINIONS, and I would rather want to know what you have to say. Regards!
Ignore BIP148 - it's simply an attempt by a bunch of users to take control of Bitcoin away from miners - mining is the design of Bitcoin and it will stay that way. Miners are paid by the network to secure it. You don't control it. You're just employees of the network. And if you don't do your job, we fire you. It's as simple as that. Yeah you can do that. You can bend and twist the rules of btc as much as you want. |
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I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.
The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.
Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.
One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.
I have gone the route of sitting on cash. I will Look for good spots to get something cheaper. I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass. I have 550 that I have to spend by August 1 on ebay This is all the ebucks from buying 1080 tis from April 1 to June 30 |
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I seriously doubt hw companys will prop up coin prices, that is more of a fantasy.
Mining booms create gpu shortages and it hurts companys, the ones they have partners with.
companys that benefit from mining boom
Gpu manufacturers
PSU manufacturers
server case manufacturers
Companys that get hurt in the mining boom
Memory
HDD
SSD
mobo
CPU
Monitor
video cables
gaming controllers
gaming computer case
computer case fans
RGB lighting kits
The reason those companys get hurt is because in a normal market people would build a gaming computer then use those components in their gaming rig. A gpu shortage means their sells takes a dip being that miners will use cheap cpu, cheap ram and a single small ssd at best. Even the basic pc parts take a dip because it takes multiple gpus to sell a single mobo/cpu/ram/etc and current trend is for people to build super high density rigs 8gpu, 11 gpu etc so the situation is even worse for them.
People are still building gaming machines - the Mining market is NOT eating all of AMD's capacity or even CLOSE to doing so on Nvidia. Also, you've got some definite mistakes in there. Case companies do NOT benefit from mining, as most mining rigs don't USE cases. Memory HD SSD Motherboard and CPU companies DO benefit, but it's kind of a push as miners usually buy lower-end parts. I don't know many gamers that waste money on that RGB lighting kit garbage. I certainly don't waste money on that junk on MY gaming machines. I suspect that just is aimed a LOT more at "I want to show off my machine" type folks, who often are clueless about actually making a gaming machine PERFORM well. The gamers that are ticked off are the ones that want to use "mid-upper" level GPUs but are finding they're out of stock a lot and higher priced than normal the last few months due to having to compete with miners for those parts. HIGH END gamers don't care, they're using NVidia 1080ti GPUs that haven't had shortage and gouge pricing issues, and a few of the mid-upper folks that used the gouge pricing issue to justify moving up TO the current top gaming card. The mid-range market is a big deal, it is the market Amd aimed at cornering for the last year. There are a lot of mid range gamers that like to just have fun then there are high end gamers who think spending less than $2k on a PC is completely unacceptable. I did not not say mining is eating ALL of the market, but it is a noticeable effect. There is a definite boost in Server case sells. Have you not seen mining rig case listings or pics of farms built out of them? What I listed was just to give a general idea that I could come up off the top of my head, no reason to be anal about it. It is just something to think about, a unhealthy eco-system is not good so don't just dismiss it as not a big deal because the high end guys don't care. If a gamer does not buy a 1080 ti pc to game he or she needs to learn why they should. The real losers are AMD players the 1080 ti is cheap compared to the marked up rx 580. And the 1080 ti will earn back much more then the rx 580. So Amd takes a big hit here. |
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Around 700Sol/s. might be a little higher if overclocked.
thks,how speed with MSI GTX 1080 TI 11G DUKE?How did you judge it? basically all 1080 ti 's can do 675 to 740 sols for zec. it depends on tdp settings core settings rma settings psu quality the pool you mine on and lastly the chips in cards can vary so 3 identical cards can have say 710 max 715 max 735 max. |
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I have a tiny little x-11 miner with 5mh that uses 12 watts or so
Pinaldea (sp?) USB-based thing where the fan is about as big as the actual miner? yeah shaped like a cube makes money I mine it next to the compac sticks and I mine cpu mining for hodl or cryptonight along with 1 gpu for zcash. The rig has 4 separate things going  |
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Block! by mikese This just barely missed being our 3rd of Monday and is our 1st of BLOCK TUESDAY!  I like to see your name pools/kano when I open the website up to mining It means a block 3 out of 5 or mabe 4 out of 5 times when I see it |
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Can the panda miner do other algos besides ETH, ZEC, XMR algos? I mean I know it's possible but does it use proprietary miners or software making it difficult?
Gigga Watt has them in stock, but cost $3,990 so even with the 3.3c kwh using their token from ICO it's a tough choice if it can only mine 3 algos.
Another question, has the ETH hashrate dropped for the rx470 recently, or expected to in the near future? whattomine.com lists 8 rx470 as 208 Mhs for ETH and panda miner lists the unit as doing 237 Mhs on ETH. Is the panda miner overclocked or has the growth of the DAG file lowered it's hashrate and the 327 Mhs is old number?
Thanks
It can mine any coin a gpu can mine. If the gpu has nine separate pcie cables it may be okay |
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Hi all,
I have noticed that my MSI 1070 clocks back to standard settings at random but usually after 12 hours or so.
Did anyone else notice the same issue ?
Clocks please? Tdp Core Ram Fan |
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Why not a simple electrum wallet ? Some say if there is a fork and you have core 14 you will have coins on both sides of the fork. electrum may do this so it could be good. as for slow the 0.14.2 core loads fast on an empty window 10 build if you use a 500gb ssd an i5 and 16gb ram A fully new wallet will build in under 16 hours. I know I did just that. You can then clone the ssd onto a spinner 1tb hdd with hdd raw copy. You're right Phil. Since setting up 0.14.2 last night, i only have 9 more hours to go on a normal WD Blue 1TB HDD. I did this on my very old T1700 Dell workstation 16GB Xeon E3-1225. My laptop does 6 weeks per 24 hours  Laptop is now running nonstop over 5 days Where did you get bootstrap from ? Thanks I did search here for 0.14.2 and started downloading about 1 1/2 hours ago. As of now it has 36 hours left on this 6 year old laptop. Thats about right. |
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This just showed up on my Core...can anyone shed a light on just what it means? I've never seen it before.  EDIT: Didn't take long to find it's probably encountering a Segwit block? Consensus says no worries? Tru dat? It's a full node, BTW. I have it on my mac 0.14.2 core are you running linux, mac or windows version of 0.14.2 core |
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I also have it.
I am on a mac are you on a mac?
0.14.2 version
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I think this is a very valid point AND might be the essence of keeping a blockchain healthy in the future. Wouldn't it be great if all idle devices join a network, maximizing the utility of the device as well as sharing computing power to do useful calculations. Perhaps dedicated mining was never the answer, just a short term way to gain early adopters. Or perhaps I'm in a philosophical mood too much With gpu mining many gaming friends of mine do exactly this. Buy a better rig and mine 10-14 hours a day. That mining time lowers their rig price and they get to have a top of the line rig and get a good discount via mining it part time. I build them 2 card 1080 ti's with an i5 7600k or an i7 7700k a 500 or 1000 gb ssd and a 4tb spiner. I sell them the rig at my cost but I premine with it for a month. That is my profit. They get a rig on the cheap and still do some mining with it to lower the cost more. |
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Im glad to see a lot of purchase orders happening on btc, pushing the price up some.. was getting worried their for a while, i moved my couple of K of BTC from my coinbase account out and into Bitconnect lending when it spiked up to $2,000. local friend got me interested in bitconnect and because your payouts are in USD, you are not affected by the btc value dropping, you only have to fight that battle when you go to remove the money, because you have to convert it from your internal USD wallet, into BCC and withdraw it then or transfer it again into BTC and then withdraw it.. granted you do pay transaction fees twice getting it out (Which is ingenious on their half).. but it really not a lot of money, just a few bucks.. after seeing what it cost my friend to remove $1000 of his earnings back to coinbase... Im going to follow what he is doing, he only has 1 mining rig, which is 4 x 1080ti's... he moved his payouts from coinbase to his bitconnect wallet for his mining payouts. He earns between $50-115/day off his bitconnect earnings, which he is doing a 50/50 so far with. Each time his account hits $2000 in earnings, he is re-investing $1010 (for the bonus payout tier), and removing $990 back to his coinbase account to spend with his shift card. He told me he is doing this tell he gets back 100% of his initial investment, then after that he plans to just re-invest 100% of earnings+minings and only remove money to his coinbase account when he needs money to spend.... since all my money i just put into bitconnect is mining income from the few months i have been mining.. i just going to re-invest 100% off the start and ride out the Aug 1st stuff, because bitconnect already mentioned they will be supporting both of the BTC's old legacy and new version once its stable and on main exchanges... If anyone has interest in it and want to help a fellow board member out, my link is https://bitconnect.co/?ref=StorxusmcMy BTC wallet right now is empty tell i get payouts from mining, but when i do if you sign up under me and do any lending, ill pass $5 worth of btc your way for helping me out on referral, but PLEASE do not risk what you cant loose into this, the payout earnings just seem way to high and after researching into it more i understand more how they can afford to payout that much, but i am still personally concerned. So i ask if your not in need of the money and want to take the risk the past year of payouts has been consistent, but if its money you need to pay your bills please do not risk it. I am personally taking a risk on this because my friend has been doing really well with it and already made back 1/3rd of the money he invested into it. I am not in dire need of the BTC i had already mined, so i am taking the gamble on this over seeing how the Aug1st stuff will go.. as the market is kinda in a giant scare at the moment. I just wish i would have been able to invest my money into this program back when it was around $2500, just my luck i was locked out of coinbase from breaking my phone Bitfinex has this and I had 1 btc out in loans back in June 2016 they were robbed or they robbed us. Point is this could happen to you be very careful. |
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Why not a simple electrum wallet ? Some say if there is a fork and you have core 14 you will have coins on both sides of the fork. electrum may do this so it could be good. as for slow the 0.14.2 core loads fast on an empty window 10 build if you use a 500gb ssd an i5 and 16gb ram A fully new wallet will build in under 16 hours. I know I did just that. You can then clone the ssd onto a spinner 1tb hdd with hdd raw copy. |
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A few hours later, on price.bitcoin.com: $1880.
Pretty much a straight line down from $2600 on July 5th. (excluding small and brief "rallies").
I am happy I sold four for 9550 I'm happy I moved almost everything off Nicehash - though only had a couple old low-level rigs and my Scrypt stuff pointed there. Litecoin is doing quite well compared to Bitcoin the last couple weeks, still only down 20% more or less on $ terms from it's peak 3ish weeks back and seems inclined to climb to a higher level vs. Bitcoin than it's seen in years. right now my mining has been reduced I sold a lot of gear. I now have 56th for BTC down from 70th I have 4-5k sol for ZEC down from 13k sol I have 150 mh for Nist5 I have a tiny little x-11 miner with 5mh that uses 12 watts or so I am holding a lot of cash more then anything else. If everything crashes I can buy cheap gpus or avalon 741's or cheap btc. If everything rallies I can earn with the gear I have. |
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