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Well, my NEW data hall rates, from 12c kWh to 14c kWh are in place...my home rate is 13c kWh ...*but usually the elec company raises it every year in the summer by 1c kwh, all
them pesky solar folk driving up my costs, don't ya know ..(yeah really that is their excuse)...
I'm paying probably 2c more than I should...but not sure anymore, I've heard that all the data halls are raising prices and going month to month so they can raise prices quickly
should the price pump I assume
I'm month to month but 14c kWh is 90% likely baring a catastrophe if I last next summer
anyway, my rates suck...but to my point
, m
essentially, with the equipment I have not for a total of 8,000mh, including dubious recent 6 bitmain miners (got out of the other 6 miners, mainly due to the $642 batch price and donated
all my coupons) and even with the hash rate vs difficulty before
at my 10c kWh rate and less hash, 5000mh....it all has been 'hovering' the last 6 weeks or more at just over $2 per day per L3+....never seems to go down or up or anything
it is like a stuck steam gauge...you know the pressure is building...but it just sits at around a $2 number...
it is almost magical with the above whenever I looked...yep $2 a day for past 2 months ...$2 a day due to price of LTC sucking....$2 a day vs all the equip in the world...
now under my new current 14c kWh and the price pump of LTC I looked at it below
and 'yippie skippy!' I'm up saying 25c or more! yea! per day on an L3+ at 500mh and 800 watts at $80 buck a month rate per L3+ flat rate in the data hall
24 hours 0.03031851 LTC 5.00 USD 2.69 USD 2.31 USD
7 days 0.21222956 LTC 34.98 USD 18.82 USD 16.16 USD
30 days 0.90955525 LTC 149.89 USD 80.64 USD 69.25 USD
It is amazing to me how as the price goes and the difficulty seems to wipe out any gains in price..the equipment of scrypt-pow is being quite the leveler of price on mining
thus if the trend continues ...we could see $200 LTC and STILL be looking at a little over $2 bucks a day for (in my case anyway) LTC prices
this is hardly encouraging....anyway you take your bets ..my bet was a hedge on sideways price and a dump back to say 6.8k BTC and the corresponding 100 buck LTC
I can't really bitch if everything I own, except this 6 miner hedge....is pumping...I'm way, way ahead
anyway, how I'm looking at this stuff now....price vs the diff rises...can it stay above $2 a day and when does either the price break sideways and difficulty continues
to go up to break below $2 a day...or does price rise much faster to make these 6 miners a good bet? (crap, what would that be 400 BTC next week?)
the correlation above seems a damn solid 'coincidence' (doubtful) just saying with all my dubious hedge maneuvers...perhaps I should be happy that I'm even
treading water at the $2 a day price
so * with the newbies now again* *flashback to dump choices as a newbie of 2013* my only hope is PUMP, PUMP, PUMP
(and of course, take an ASIC vow of chastity and not buy any frigging more Bitmain units with crypto ...even if it is dubious alt coins)
live an learn, reliving my youthful newbie miner days on the same damn bets then ....damn, I should know better ...the newbie kool-aide from back in 2013 is strong
it seems...comes back and catches you on a weak moment like recurring bouts of malaria it seems...(good to know and watch for I guess)
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Some people will stop and eventually all people will stop if the miners become unprofitable. The problem is will they stop in time.
The other point is the one that really matters the most. We must mine some where other than the antpool. If we don't all is lost.
I have never mined on antpool. My 4 have already come in and are already sold. ROI in 2 days, plus a $200 each profit. Actually, I'm starting to feel bad about mining my Bitmain r1-BTC usb hub and my Bitmain r1-LTC hub on antpool.....I wonder (bitmain being evil and all) if you really COULD win a block on one of these and if you did..would they even tell you about such (or would you know?) They probably have a LOT of hash from these puny lotto miners...no way to tell how much thou...from what I can tell |
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There is a bearish trend waiting in line for the coin and it may take it down to the swing lows. It may take it down to the $1000 level but soon will be reversed with a major bullish reversal. This bull run will take the coin up to the $1500 level.
But again, if it is ONLY supported by transaction fees going down ..to the extent the Jihan Wu of Bitmain wants all miners to burn 18% of all the BCH thru tx fees ....what will be the pullback or bounce down WHEN Litecoin comes out with its much lower fees as well as Bitcoin Core I see this thing bouncing up and bouncing down in price ....IF I am correct, on this 2nd bounce down, ASSUMING that LTC and Bitcoin Core have matched the fee structure what will BCH do to 'justify' its fork and existence then? I just can't see a good end game for folk holding BCH ...It does not seem to me to have enough 'chops' as an innovated ALT coin to survive without banging on the evils of Bitcoin Core etc, etc, eventually, again IMHO, they have to do something more with BCH or i will fade what the hell is "bitcoin core". we have no coin with that name  BTC (bitcoin core devs ) sorry misplaced the BTC before the name of the devs.... Bitcoin Core Devs (BTC) vision of lightning etc vs BCH devs and BCH vision |
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The low power consumption is great.
But the mining generate very high peaks in power% here (not infrequently 125%, with official ccminer and nVidia cards).
My rigs just shutdown/reset quite often even if I set low core clock and use curve for setting it (and I not set it higher than the factory settings over 900mV).
Also tried with lower mem clock but nothing, my rigs often shutdown.
I using lots of algo and there is no problem with them, but now I'm clueless and don't know how to mine GRLC safely, but efficiently.
Any idea?
I don't mine..but they used to have problems with AMD cards and run better than OK with Nvidia cards...all I know..don't know if it applies to your situation |
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Well, that 639 LISK at $9.45 paid for (as a hedge in case all crypto's went sideways in price or down...and further dumped to 6k again)...in case of the return to the dark days of 6.8k BTC priced coin) Bitmain L3+ Litecoin scrypt-pow miners w/PSU's shipping, customs, etc..was a FINE hedge.....UNLESS OF COURSE, EVERYTHING PUMPED LIKE HELL UPWARDS... alas, you can only guess at the time (20/20 hindsight is harsh) ...but anyway, glad I did this pretty sure doing so CAUSED ALL CRYPTO TO PRICE PUMP TO THE MOON! anyway, figured you guys needed a good laugh at my expense (still, have lots of LISK which made me do this hedge in the first place) oh well, much better off with the PUMP then the above so my ego is gonna call it WINNING! (damn, that current LISK price of $12.91...HURTS MY EYES!, IT IS SO BRIGHT AND SHINY AND SO DAMN FLUFFY!!!! I COULD JUST DIE!) ahem, er lost if for a bit there ...oops!  |
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What does it take to build a rig to rent out decentralized storage with siacoin? Not sure if it is worth it, even for fun, but curious on how many TH would be needed
and or other equipment to pull this off as an experiment with the decentralized storage options on sia coin
anyway, ballpark equip and figures are fine...likely would make no sense to do so...but would be nice to see where the project stans in being viable with those
costs in mind
brad
It is not very profitable to be hosting right now as the usage of the network is only 5%: there is oversupply of hosts currently. But obviously all hosts are expecting the usage to increase over time. Besides, it is funny to be a host and good to learn now for the time Sia goes prime time. Building an energy-efficient rig is the key: low TCP CPUs, 5400rpm disks instead of 7200... About the disks, better NAS-grade or enterprise-grade disks (WD red, Seagate Ironwolf) than consumer-grade disks, as the former are prepared to last 5+ years running 24/7. And better if you offer 4TB at least, as there is a score penalty for less storage than that. The cheapest option is using a Raspberry pi + an external hardrive, that would be an investment of around $150 (about 50-70 for the RPi setup and 80 for the disk) with a normal 4TB external disks or about 200 with the same disk size but NAS-grade. A more beefy and professional solution could be an HP Microserver, that has 4 bays for disks. They can be found by $350-400 without disks Well I'm mining pow-scrypt (8,000mh) and have 5 siacoin miners coming and 1 decred miner (swap'd my 1/2 price coupons for one free unit for the coupons...for a aug 30th decred miner (ouch!) so what the heck, IF, and I mean IF, I get some time, I can deduct the equipment to put up such a 'toy' storage solution...I'd probably drop 1k into the project...if nothing else can always us the HD's in the future for friends/family...they are usually 8 years behind the curve anyway and would be thrilled, (in the future that is for this equip) time, never enough time, to play with stupid 'unprofitable' stuff...I miss 'hobby mining' (thou at this rate with scrypt-pow I may be back there by Jan 2019) |
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all altcoin since his appearance is always dependent on the increase and decrease in the price of the bitcoin. It is certainly very profitable bitcoin and with this then bitcoin can never be defeated by any coins. and it looks like in the next few years will remain as it is.
that is my othe point I forgot...with the rapid rise and fall of alt coin prices....people can MOVE their alts to BTC and vice versa and use BTC or BCH or some of the top alts as a 'store of value' so your alt may be pumping and dumping in price all over the place, but you can mitigate your risk by moving into BTC as a 'store of value' that MAY be better at retaining original price on the move of your alts or even go up..you then can yank btc out to fund a 'flyer' on an alt pump.. thus rinse/wash/repeat without going to cash on each panic jump out of your alts pump and dump merry go round also, Bitcoin gets a 'cold' all the alts get 'pneumonia' as safe havens go..BTC has traditionally been the last stop before full panic dumps to cash..when alt coins go to the basement so IF BTC can be a 'store of value' BESIDES the above, we will be golden....when/if it is used more like GOLD In the world economy against risk etc IT is getting there, but again a lot of 'powers that be' are gonna at best try to slow it down with FUD/fake news/bad regulations/etc ..if not downright try to kill BTC so far, anyway, it has been to 'no avail' |
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It is hard to see how BTC can be replaced. I suppose BCH could replace BTC ..but oranges and oranges...the main reason is simply that BTC has been around without any
security or network issues that run this for almost 10 years in Jan 2019...there is something to be said for the track record.
also, IF BTC or BCH or whatever was threatened with 'pure' innovation.I suspect they would simply 'code' their way out of the problem and get around threats that way
so far, they have not had any reason to do so, a true competitor and sure...ETH could have been such, but with its own growing pain issues etc etc that crop'd up
they kinda lost the edge on such now
anyway, my view with the BILLIONS of dollars with BTC and or BCH ..there will always be a way to survive..that is not to say the price could not dump back to
4k on adoption alone (speculation bubble further breaks down) but hard for BTC to be taken over by another coin now, too much adoption worldwide IMHO the
lead, again IMHO, is just too great ...
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There is a bearish trend waiting in line for the coin and it may take it down to the swing lows. It may take it down to the $1000 level but soon will be reversed with a major bullish reversal. This bull run will take the coin up to the $1500 level.
But again, if it is ONLY supported by transaction fees going down ..to the extent the Jihan Wu of Bitmain wants all miners to burn 18% of all the BCH thru tx fees ....what will be the pullback or bounce down WHEN Litecoin comes out with its much lower fees as well as Bitcoin Core I see this thing bouncing up and bouncing down in price ....IF I am correct, on this 2nd bounce down, ASSUMING that LTC and Bitcoin Core have matched the fee structure what will BCH do to 'justify' its fork and existence then? I just can't see a good end game for folk holding BCH ...It does not seem to me to have enough 'chops' as an innovated ALT coin to survive without banging on the evils of Bitcoin Core etc, etc, eventually, again IMHO, they have to do something more with BCH or i will fade |
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Definitely NO! It will not affect bitcoins but the people who using bitcoins will affected of that, just like selling bitcoins in low price, those who are people have a weak hands to let go the opportunity to gain profit in bitcoins.
But the FUD's have stronger proof of bitcoins it will not destroyed the chance of bitcoins to be popular will be less.
I should be more clear, I don't think BTC can die due to FUD and the rest by the powerful...it CAN be slowed down and it CAN drastically effect prices for example the MT. Gox Trustee always panic selling on the LOW ..you think that wasn't planned? right? Stuff like that...but as long as ADOPTION keeps the engine going for BTC we will be fine regardless of price..I have a hard time believing folk will buy the 'trust us with crypto" by gov't's and banks etc but then again, the masses did elect as president donald trump....so wtf do I know?  ?? |
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Well, I find it interesting that BCH is pumping on the 'low transaction fee angle'
Is not Bitcoin Core coming out with a fee reduction with more tweaks?
I KNOW that Charliee Lee on his Twitter page has been saying for a couple months he is going to dump the fees down to 0.00001 or some such
So this FOMO, and all this, could be just a way to get their low fee hooks out into the stream for fishing before everyone else
so, it MAY be a temp thing, and overblown..not sure..just saying...they seem to be hitting their version or such hard, I'm saying it may be moot
in a month or two, when the others above, do what they also claim
(crypto always drama)
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Well, I must say, there seems to be MORE FUD now from established banking concerns than ever before. There was a time a year or so ago, when the major banks
thought they could just ignore crypto and it would go away. Now, having to incorporate some of the blockchain tech into banking they are faced with the problem of
IF blockchain on banks is OK for tech advancement (centralized, where we run the crypto completely from the top down)
Well, the banks and others are faced with the problem of ....why is a blockchain run from a decentralized direction upward and open sourced bad..
yeah, they figured out both can work, but if the decentralized versions of cyrpto continue to catch on..they will be out of business...
thus bring on the FUD (fear, uncertainty and dismay)
All they have to shoot down BTC and other crypto tech advancements is to say that 'decentralization and open source" is the realm of anarchy and madness
so when the price goes up to fast and crypto and BTC gets too much 'good press' (actual reporting of how it works etc)
The banks and their minions in government around the world all pile on, with FUD to slow down or confuse the issue
this IMHO will be obvious right around the time of 10k BTC again and high alt prices reflected on such .....in the next week or so
so expect the backlash then ....the usual articles , bitcoin is a ponzi, used by druggies, India always piles on with someone saying a complete ban on crypto,
government regulators to keep the banker minions happy, usually then state their support of banks and 'regulating the unruly crypto crowd"
rinse/wash/repeat
so yeah, IMHO they can slow it down quite a bit for a brief amount of time...but it is like trying to hammer jello, ...but my bet is at 10k BTC the sh*t will
hit the fan again FUD wise....it has been the pattern in the past
brad
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Again...anyone have a Fujicoin mining calculator..curious on how to tell if this is worth mining or not..I sure can't find anything RECENT that works on a
google search...so am I missing something obvious? You'd think with the uptick of interest in this coin, there would be a frigging miner calculator?
(again, maybe I'm missing the obvious)
brad
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Ltc hit 370usd in december/january pump and now its 150usd. I think we can say it mooned Interesting thou....at current exchange rate for the latest L3+ that mines at 500mh at 800 watts scrypt-pow and LTC etc.....it is $2 a day with the difficulty rise due to equipment dumps...so $200 coin will barely make the scrypt-pow units that exist worth running....we could see a future of ONLY bitmain running scrypt-pow miners (if they have a new generation to their data halls for the usual 4-5 months first) and the only really remaining large scale miners (the L3+) will be toast interesting if scrypt-pow and LTC pow mining could survive in an environment where ONLY the makers of the ASIC machines plus cheap electric can run the network ..decentralization indeed... not saying this is the trend...but ..not liking the possibilities as I look at this stuff last 2 months |
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Anyone know if the Halong B25? or something? 10k decred miners have hit the world yet? Supposedly I saw a ship date of March 30th 2018 but that don't seem likely
the batch of decred miners for siatech obelisk dr-1's are June 30th, 2018 with Aug 30th 2018 for the 2nd batch of decred miners..
As far as lot size goes...the Halong B?? was like 2100gh I think for the 10k about...the obelisk decred miners were around 3,600 each batch I think?
so anyway, will this stuff have any effect on hash rate etc....or at those numbers not a big deal? (also got bitmain may release some in that time frame if so it will
be at 15,000 units is the norm for them)
anyway, just tossing it out here in the community...on what you think....etc with ASIC's coming
brad
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What does it take to build a rig to rent out decentralized storage with siacoin? Not sure if it is worth it, even for fun, but curious on how many TH would be needed
and or other equipment to pull this off as an experiment with the decentralized storage options on sia coin
anyway, ballpark equip and figures are fine...likely would make no sense to do so...but would be nice to see where the project stans in being viable with those
costs in mind
brad
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Yep, Litecoin support Segwit address fully and also lightning network. In fact, Segwit was tested on LTC first and then on BTC network. This is response for your first question whereas support for ledger hardware wallet that I don't have any knowledge as didn't use that. I saw there was some balance showing problem with ledger wallet couple of days ago. Current status I don't know yet.
Anyone know of how LTC's 'scaling down of fees" is going to work in comparison to bitcoin cash hard fork and such? Supposedly, from the BCH hype (dubious) it costs less for fees with BCH now then LTC, but I thought that LTC was going to have an update to also further knock their fees down quite a bit? Anyone here want to catch me up on this warfare of fees? thanks brad i think you should read this https://www.investinblockchain.com/lightning-network-bitcoin-scaling/right now the most expensive transaction is bitcoin transaction but lite coin probably 3 cent fee on a $2000 transaction also check this reddit post https://www.reddit.com/r/litecoin/comments/7oiqwx/ltc_faster_and_cheaper_to_transfer/All right, anyone want to chime in with wtf BTC is yelling about as being less fees than LTC? I assume this is BCH hype...until such point as the above is put in completely for the LTC modifications for less fees? ie BCH is jumping on this 'temporary' situation? (I should look myself, but always get lost in the weeds on this kinda thing...so figured I'd punt again) |
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really batch 5?
When, if I remember correctly you sold SIX total Siacoin SC-1 miners in batch 4?
5 batches with NO units in the world yet...this is starting to look a lot like the old Butterfly Labs...back in the day...
Do we even have more or less (I'll take more or less at this point) SHIPPING DATES? For both the Obelisk Siacoin Units and the Obelisk Decred units?
Also, I'm still waiting for the next 'shoe to fall' and a Bitmain DECRED unit ....in June 2018....the usual way to do this is just drop it on their page,
pretty sure this will happen, Bitmain DROPS equivalent units at lower prices for every company that tries to make an ASIC to compete...can't see
how this will be any different...
to be fair have 5 obelisk sc-1 units (batch 1) and I have 1 obelisk Decred unit (free...swap'd my 1/2 price coupons for it..using 1 /2 price coupon myself, rest covered)
thus.....my skin in the game...as it is...
brad
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Yep, Litecoin support Segwit address fully and also lightning network. In fact, Segwit was tested on LTC first and then on BTC network. This is response for your first question whereas support for ledger hardware wallet that I don't have any knowledge as didn't use that. I saw there was some balance showing problem with ledger wallet couple of days ago. Current status I don't know yet.
Anyone know of how LTC's 'scaling down of fees" is going to work in comparison to bitcoin cash hard fork and such? Supposedly, from the BCH hype (dubious) it costs less for fees with BCH now then LTC, but I thought that LTC was going to have an update to also further knock their fees down quite a bit? Anyone here want to catch me up on this warfare of fees? thanks brad |
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