I want to try some my luck and yes I accept it as a lottery, like I've said before the chances are so slim but still I want to take the risk, I have GPU mining rigs that brings me dollars every day but this ASIC miner is old I just want to do this, even if I made nothing from this I don't care
If you don't care, then why are you asking this question? Obviously, you do care, but all members are trying to let you know is to be realistic. You might mine all your lifetime and not win a single block. You must be ready for that outcome, too.
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it seems that ETH 2.0 isn't happening any time soon or I misquoted the news ?
Unfortunately, the change of algorithm from POW to POS is happening at one point in time whether you want it or not. It's just a change in branding, but everything will go on and planned The Ethereum Foundation today, following the lead of the blockchain's core developers, announced that the term "Ethereum 2.0" is being retired in favor of "consensus layer."
The rebrand reflects the fact that what's been called Ethereum 2.0 is really more of a network upgrade rather than a whole new network. To be sure, some major things are still set to change. Ethereum is shifting away from proof of work to a more scalable proof-of-stake chain. And mining, in which high-powered computers connected to the network compete to validate transactions so that they might mint new ETH for themselves, is also on its way out Source from article - https://decrypt.co/91149/ethereum-foundation-kills-eth-2-consensus-layer-rebrand
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Let's have this discussion after ETH 2.0 is activated, to me it's never going to happen and Ethereum team will end up changing their mind for something else, PoW algorithm will forever be a thing in ETH ecosystem
We shouldn't live in denial, though. Do you think ETH devs and community will keep the POW algo despite all the scalability and transaction fee issues ETH network has had despite being only about 5 years old? Personally, I don't think so. Much as I hate POS with passion, it's going to happen sooner or later on ETH network.
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Who would buy 3 1080ti for 1500$? Friends warning me that I will never get my ROI back even if I got them for free the other said 1000$ max, maybe u should just let the seller walk away in peace? I have 24hrs to decide
Depend on how long you are willing to go in the game minus selling the coins at low prices Right now, coin prices are dropping, which means anything you mine won't be that profitable. You have other costs to incur, such as electricity bills. If you have extra money that can cover electricity bills for 3 year+ (in case of an elongated bear market) then go for it. If you are thinking of selling the coins you mined in this bear market to cover other expenses. It's not worth it. Run!!!
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Interesting After the halving the profitability decreased by 25% Today I’ve realized that NHOS has switched to ZHASH instead of the KAWPOW
If you are looking at profitability in fiat value, then it's quite self-explanatory. Bear market is already taking effect and in the coming days/weeks/months. Mining most alts will not yield any nice profit to keep you running. It's the period of time when one has to be ready to mine and wait for 2-3 years for a bull run to be able to sell off the stash at good price. ... but I still believe there will still be a last bulltrap.
You bet? I am more than confident the bear market already started. For this Bull run, the all-time high was 68K in Nov last year. The funny thing about bear markets is that you don't realize that they are on until it's too late
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If no other coin is very interesting, perhaps we could find another use for our GPU's ? I'm thinking about lending them for AI - deep learning purposes. Those tech are very GPU compute hungry. Perhaps miners will associate in groups to lend their GPU's power for deep learning, who knows ?
The question is will your new venture be as profitable as it has been with ETH and some alts? Will keep buying newer GPUs to lend them for AI - deep learning purposes, just like you did when mining cryptos? I don't think so There's a beauty about crypto mining and one of them is some level of privacy, independence and decentralization where no one dictates what you should earn except you and your machines.
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That’s not true, ser. In shorting, the maximum profit your trade can do is 100%. That’s only 2x of your money. To illustrate, many newbies make the common mistake of thinking that shorting from $10,000 to $5,000 gave them 100% of profit. No, it’s only 50%. I personally have realized profits of more than 100% in single open positions. I think you are mixing up two things. Position size and leverage. Honestly, if I had an equity of 1,000 USDT in my account, then I opened a short position using 2x Leverage using all my equity. My position size or margin would be 2,000 USDT. a 50% drop of price of the asset from $10,000 to $5,000 would mean 100% realization of profit ($1,000 in profits) If it dropped by 60%, that would be 120% profit ($1,200 in profits) Using a higher leverage would even bring in bigger profits if the entry position is perfectly executed.
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If you understand the process, those numbers should be super easy to calculate and can immediately make sense, sorry somehow words are ambiguous but numbers are clear for me. If you understand it, please fill out the numbers for Q2-Q5 thanks.
If you expect to be spoon-fed, then am sorry, you are in the wrong place. All the information is there. Are you having challenges doing calculations for yourself? 1. perpetual swaps - https://derivs.ftx.us/swaps2. Futures - https://derivs.ftx.us/futures
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Using that strategy, would a simple, inexperienced pleb like you or me outperform the basic strategy of buy the dip, and HODL? Bitcoin would profit you more than 10x from March of 2020, more if you bought the right shitcoin, but many leveraged traders either do not outperform, OR lose their money through liquidation.
You have got to start from somewhere, my friend. Even those so-called professional traders you call today were once some inexperienced plebs. Without learning from your mistakes and being smart, you remain the same inexperienced pleb over the years. I like how easily Bitcoin and other shitcoins can get you profit, especially if you get the perfect dip, but I don't mind earning something from day trading using leverage. Of course, I use low leverage
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1. No KYC security platform
No need to confirm a user’s identity and add personal data to register on the exchange. Instead, all that is needed is to download Utopia P2P, register as a Utopia client, and get a Public Key (PK). Then this PK is used for the same anonymous registration on the exchange.
If there is no need for user data, then explain this And your privacy policy also talks about collection of some personal data - https://crp.is/policy I thought fully anonymous exchanges have no space for this kind of thing.
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ETH without PoW algorithm is going to make the project lose its rank probably to Cardano, ETH without PoW algorithm is like a soldier without his bulletproof vest
Rank according to what? Marketcap? Popularity? Price? Decentralization? Let's be honest. I am no fan of POS, but ETH proved to be quite revolutionary and is still a high ranked asset in most aspects, despite became a victim of its popularity via transaction fees.
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I am not sure how many ASICs he had in his farm to produce such hashing power, but it makes me wonder how long he had been running the miners minus any rewards while paying for the electricity bills.
He's one guy who really had a lot of faith. Damn! It's just like winning a lottery after years of trying and never giving up.
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I see 4 forks of Litecoin from that website: LitecoinZero, Litecoin Cash, Litecoin Private, Super Litecoin. I am not sure about accuracy and whether given information on it is up-to-date.
You can use given information and double check with other resources.
Among the listed Litecoin forks, I only knew of Litecoin Cash. This article provides some old Litecoin forks, but some of them are now defunct. OP might look through - https://vertexmarket.medium.com/an-overview-of-litecoin-forks-b66bd43ec3f8
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Halving is done, good day, now lets hope price will increase.
Next bull run, maybe As I don't think ravencoin can do it alone, it has to wait for the Big boys (Bitcoin and Ethereum) to spike higher again Right now, the market is starting to suffer from the hangover effects of the previous bull run, so it will be awhile.
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It's always been emphasized that if you are to buy miners. Buy them from official manufacturer sites or official resellers who are usually listed on the official manufacturer sites, not random websites claiming to sell the equipment.
There are hundreds of scam websites claiming to sell the miners because it's a lucrative scam technique. You have to be very careful next time. If in doubt, always ask members here in the forum about any website you have come across.
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Your website is just a copy-paste of dozens of similar website which I have already seen. Who's gonna trust a website whose script is just copied with a few editions?
I am also seeing a false review on your website. What away to start business.
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>>snip<<
Great info. I have a question. Under the same tab of calculator. When I try to calculate how much BTC I would get for, let's say 10,000 USD, which is with in the current reserve limit for all the available exchangers. Some exchangers are greyed out. Why is it so?
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Bitcoin and Litecoin use POW algorithm. How can a coin based on POS algorithm be a clone of a coin based on POW algorithm? It makes no sense at all.
By Clones, you mean Hard forks, right? Just google Bitcoin Hard Forks or Litecoin Hard forks. You will get all of them there. I don't want to mention shitcoins here.
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Hi I was trying to send a private message to but it says : User 'raincharger' has not chosen to allow messages from newbies. You should post in their relevant thread to remind them to enable this setting. Please change it so i can message you thanks Why not help him here. Why do you want to PM him? You sound like a scammer. Does anyone used localcryptos.com? My i ask how was the experience?
I have used localcryptos a number of times and experience has been smooth except for trouble if the volume is big and high fees if you try to use Ethereum. I would also like to caution you that certain law enforcement agents infiltrate the p2p platforms from time to time. So if you are trying to evade the tax which we all hate. Watch your back Here is the most recent one on localcryptos - The IRS Goes Undercover As A Bitcoin Trader In $180,000 Sting
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There is an app I used to used when I was just getting started with arbitrage trading, but after a while it stopped functioning. What I would like to remind you is that arbitrage trading isn't as easy as it seems. You probably need a bot and have funds in both exchange to execute an arbitrage trade perfectly, and you may also need to part with some money in terms of monthly or yearly subscription.
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