I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.
There is no hope for GPUs - with my best GPU it would take 9,038,161 days to mine one Bitcoin at a cost of 72 cents per day. Maybe when Bitcoin is worth 7 million dollars though... Can you not mine Bitcoin Gold with a GPU? Yes, you can. But with all the security incidents with that coin, it's really going downhill. |
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What do you mean no use case? It's a breeding ground for Crypto Kittens!!!  Yep, they finally found what that $40 billion network does.  The first and last time I fiddled with that Eth shit was with the DAO. Never again for me. I don't care if that flippering ever does actually happen. those ERC20 tokens breed like mice, anyway. I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.
Absolutely not. I even doubt it would be profitable with my old S3 and that thing was orders of magnitude more efficient than a GPU. Not even if my electricity cost was way cheaper than it is. Too bad Nicehash got hacked. So that isn't an option anymore either. Oh well, back to picking some shit coin and mining to dump. |
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I wonder if it is actually profitable to mine BTC with a GPU again? Probably not, but one could hope.
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What BTC is doing now just makes think of what ETH is going to do next year. The adoption rate of muggles now is astounding and I wouldn't be surprised to see BTC at 50,000 by the middle of next year. And if that is the case, ETH will be past 2,500. But that of course is my uneducated guess.
More like sub $200 as people realize it's a broken coin with no security, no privacy, no scaling, and no use case. Of course the shit that gets pumped to the sky needs zero of any of that, just look at (pick a shit coin). What do you mean no use case? It's a breeding ground for Crypto Kittens!!! |
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At the beginning of my crypto journey, I build a GPU rig, as it was something I was comfortable with (used to be a mad overclocker), and mined LTC.
I never mined BTC.
Now I'd like to. Not something large scale, and I know it might not be the best investment, I'd just like to have mined some BTC.
Do one of you know how to get an antminer S9 for a fair price ? Including from Bitmain, is there some kind of waiting list ?
Lots of scams around.
https://shop.bitmain.com/main.htm?lang=enSold out for now. But you can keep checking for a new batch. Just know Bitmain has recently only accepted Bitcoin Cash for their miners. |
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Of course. Extreme case: with everyone keeping their bitcoins and never selling, the Wall Street sharks can't buy "real" bitcoin, so their profits can only come on the derivatives side. For example, when they short massively, they can gain on cash-settled futures if the price goes down - provided there's a sucker who's longing those futures. If no hodler engages in derivatives trading, the sucker would be some trader - possibly another Wall street shark on the other side.
The logical question then is: what can a minnow do apart from hodling? Is there a way to benefit from swings in the derivatives market without touching one's btc stash?
The thing is, in the gold market the derivatives price leads the physical price. Whatever the derivative sells for, thats the price dictated to the metal sellers. We sure as hell do not want to end up like that and it might be wise to start understanding the priorities and dynamics of derivatives markets and how they can potentially impact BTC. The difference I see is that it is a royal PITA to actually settle in physical PMs, whereas Bitcoin settles within about an hour anywhere on the planet. I think arbitrage is going to bite these futures in the ass. Futures investors are going to be like Bitmex investors.  https://twitter.com/bitmexrekt?lang=en |
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That must be the most laughable dip I’ve ever seen. Pathetic.
Need some double dip action.  |
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USA customers can't get Finex discount.  |
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Do you guys have an explorer or any API for Bulwark? It looks like a promising coin but without this simple explorer i am not sure who will be interested in it
https://altmix.org/coins/10-BulwarkPlus all of the Yiimp pools have one too. |
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Here are the confirmed sources
-snip-
You forgot the tea leaves and phrenology.  And numerology, like JJG likes to accuse me of.. Just call 1-800-966-2294. I'm sure you can find someone who can consult the confirmed sources of your choice. http://www.thepsychicline.com/ |
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Nice project Small inflation, good masternode. Very interesting... Good luck guys. Which pool is the best? umine is good? You should spread the hash around a bit. It's not healthy for the network to have a disproportionate hash directed at one pool. Yes, the pool with the large hash rate gives more consistent payouts; however, if the particular pool has an issue, it negatively affects the whole network in a bigger way. See what happened earlier, today with PoolofD32th. (I admit that I had my hash pointed at PoolofD32th too. However, looks like I took a haircut because of it.) |
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Im wondering how devs will resolve it when Polytimos hits Yobit??? Yobit will just assign another ticker. Like POLY2 or something. |
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If you are mining on PoolofD32th. It has crashed due to a masternode payment configuration issue.
I'd strongly suggest you switch your hash power over to one of the other pools that are labeled on the ANN until the issue is resolved so you don't lose out on mining rewards while the other pools are solving blocks.
Great, like I was up at the 4 am hour on a Sunday in my time zone. Oh well, switched it now. |
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total supply ?
Technically infinite. Though 27 million BWK will be generated by the end of year 5 and 561k will be generated each year thereafter. Are the tx fees burned? I am not seeing them being rewarded in the code. I could be looking at it wrong though. |
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Everyone should know that masternodes are currently active and skimming 20%.
I thought the previous estimate of block 27500 was incorrect.
well it's in the code that they don't start until about block 27,500, and basically every yiimp pool has an explorer so.......
According to the code, it started at block 960 when the ramp up ended. https://github.com/bulwark-crypto/Bulwark/blob/master/src/main.cpp#L1685-#L1700int64_t GetMasternodePayment(int nHeight, int64_t blockValue, int nMasternodeCount)
{
int64_t ret = 0;
if (nHeight < Params().RAMP_TO_BLOCK()) {
ret = 0;
} else if (nHeight <= 28800 && nHeight >= Params().RAMP_TO_BLOCK()) {
ret = blockValue / 5;
} else if (nHeight <= 57600 && nHeight > 28800) {
ret = blockValue / 4;
} else if (nHeight <= 86400 && nHeight > 57600) {
ret = blockValue / 3;
} else if (nHeight <= Params().LAST_POW_BLOCK() && nHeight > 86400) {
ret = blockValue / 2;
} else if (nHeight > Params().LAST_POW_BLOCK()) {
int64_t nMoneySupply = chainActive.Tip()->nMoneySupply;
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I'm not certain he will even make it to the deadline. He's 72 years old and all those drugs must have been taking a toll on his body. Perhaps he has an iron constitution.
The weird thing is he was clean as a whistle from about 1980 up until his unusual phase began. I wonder what tipped him over the edge again. Boredom from retirement perhaps. |
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So has anyone here actually treated themselves to anything after passing an arbitrary milestone?
I can't spend on my 1 BTC i want it intact. When i get money from other things then i'll splash out on some garlic bread because i'm on a power save for my trip to asia When I made my first Bitcoin $1mCAD, I splurged and bought myself a nice little Gallen-Kreuger bass amp. Cost me about $1.2kCAD. I bought it with dollars though. There's no way I'm parting with even a single satoshi unnecessarily. I personally think John Macafee's dick is safe. I'm not certain he will even make it to the deadline. He's 72 years old and all those drugs must have been taking a toll on his body. Perhaps he has an iron constitution. |
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