LOL!! Just for fun, the approximate total number of SHA256 hashes needed to produce the work: 211709503865364686003240960. Protip: memorize this number to impress your friends and family, they love to hear about it. No joke! FYI I just told my family and they could care less I myself have long and interesting conversations with all my friends and family discussing at length the intricacies of the SHA256 algorithm and the trillions of hashes involved in the bitcoin blockchain funtioning..... actually... no I don't... Yeah, that is quite the mouthfull. Most people that I know would be lost at the first syllable. two hundred eleven septillion , seven hundred nine sextillion , five hundred three quintillion , eight hundred sixty five quadrillion , three hundred sixty four trillion , six hundred eighty six billion , three million , two hundred forty thousand , nine hundred sixty
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How much of the total hasing power(bitcoin+bch) does bitcoin cash have in percentage right now?
Too lazy to look yourself? I don't know where to look. This will give you a good idea. https://fork.lol/pow/hashrate
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The only problem with Nicehash is that it is going to take quite a while to mine .01BTC worth to get a payout. I could go with the .001 payout by switching to Nicehash address; but with the BTC fee my funds will be trapped there, anyway. The benefit of mining other coins is that I can transfer them to an exchange, and use those to trade for other coins if I wish. I suppose that I could use the Nicehash funds to rent hash, but not all coins that I may be interested on speculating on are POW and use an algo Nicehash is compatible with.
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bones: thanks for correction so, altcoin controlled de-facto by 2.5 rich people and 2 large mining farms. What a dream nightmare for those poor holders who fell for it Mining farms likely controlled by Wu, so really 1.5 other rich people.(Or is the .5 wu since he is also controlling the farms?) Let's just let the big blockers have their virtual blow-up doll coin to tinker with.
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I'm not an expert on mining, but for individual mining with small rig, newer and relatively unknown coins are the only option for profit. Whatever it may be, ethhash equihash, cryptonote or scrypt, just jump in on low difficulty and hold the coins until they reach to exchange.
It's been slim pickings though. All I see are airdrops and ICO. Or they are POW/POs with Scrypt/SHA256 and/or WalletBuilder coins. I know BTG is coming soon, but I think everyone and their Mom is going to mine that and is likely not to be a cash cow.
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Im not getting why you people are panicking over shitfork. Its being pumped by few people and their followers, and controlled by several miners. two mining farms. It will come back down - and even if it doesnt, who cares. As some already said, there is no use for other than trading/speculation as for me, i doubt i will ever use it for transactions
FTFY
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I'm not sure this is going to be worth it to hop on right away. Especially since I only have 1 GTX 1070 to mine with. It appears everyone and their mom is going to be mining this from the get go. Maybe the difficulty will go down for the other altcoins, and I can mine them for more profit while everyone else is distracted.
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Guys, what will happen to BCH tomorrow? Should i drop BCH before or after the fork?
The common wisdom is to buy on rumor, sell on news. I would say just after the fork. I could be wrong, though.
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You guys still don't get it, you're still in the denial phase, I'll come back for the butthurt phase that's when you will let me make fun of you Well, when and if the "butthurt" phase begins, I can start accumulating again. Just like 2015. Notice my start date on Bitcointalk...that was a good entry point. Too bad my innate skepticism got in the way and I only invested peanuts and hashed away with already obsolete ASICS that I picked up on Ebay.
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I recently got a new computer with GTX 1070. I have been tinkering with mining, but have been checking WhatToMine fairly frequently. This is starting to hurt my home life for only about 1.50 USD per day, profit. getting up at 5:30 am to check what I should be mining isn't helping either. Any suggestions on what a more balanced strategy would be? The nagging from my partner is starting to increase... PS: I've already limited my choices between Nicehash, ZCash, Zencash, Hush, and Bitcoinz. But even toggling between these 4 options is taking an inordinate amount of my time.
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All you guys scared of TrashCash need to remember, IT IS JUST ANOTHER ALTCOIN!
In order for it to "kill" bitcoin it has to convince the merchant service providers to switch from taking the true Bitcoin to taking the new BitchCash. I would think this means that the merchants themselves would need to agree to the change. You also have to convince all exchanges to swap their market pairs to it as well. I do not see that happening but to ensure it doesn't, we need to put pressure on those services to stick to the real one.
All TrashCash is right now is one really, really, really expensive and useless altcoin.
It's not useless. It gives the big blockers a project that they can work on and finally leave the BTC chain alone. Maybe we can finally enjoy not being under the constant threat of contentious hard forks with no replay protection. (ie Bitcoin XT, Bitcoin Classic, BU, S2X.)
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BCH gets new difficulty adjustment algorithm (as a replacement for EDA) in some days BTC difficulty adjustment is in ~3weeks until then mining BCH will be more profitable, currently 38.5% BCH in the last 24h maybe the chain will freeze and we'll see an emergency pow update let the war begin The new difficulty adjustment algorithm for BCH is going to put the breaks on supersonic mining pretty quickly. What is likely to happen is that the difficulty will adjust to a Goldilocks zone. This will be where mining BCH is slightly less profitable than BTC, and only the two large mystery farms will be mining 90%+ of the blocks themselves. I could be wrong.
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What's up with bitcoin cash will it overtake bitcoin?
Honestly am really confuse with this sudden pump with bitcoin cash lately, i mean what is the reason behind this surge, what purpose does bitcoin cash serves that requires such attention, other good project with actual use case are still struggling to get a rise in price. Crypti is full of surprises Because Bitcoin Cash is the only successful effort launched by the big blockers and Blockstream haters. When many of the backers of the segwit 2x fork announced that the fork was a no go, the big blockers flocked to this project. Plus the upcoming hard fork may bring about a more consistent block time. It may even succeed in attracting and retaining some of the profit hunting miners. We will see in the next few days. Well explained after next 48 hours people those buying at this high are going to cry and whining in this thread. Resources are going to run short which are being burnt to keep this pump going on. Those big greedy players will make money and small greedy buyers will loose money.
That's why the common wisdom is to buy the dips and sell the tips. Not FOMO and panic sell.
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OP, It would help if you spelled amethyst correctly. PS:The purple variety of quartz really isn't that rare.
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They don't need to run btc1. It's just a simple patch to core code.
They don't need to keep signaling anymore. If they keep doing it, it needs to be interpreted as their intention to follow on with the agreement. In this case with the 2x part of it.
It's not because they "signaled" it... it is because the keep signaling it now.
What other interpretation would be possible for their signaling now?
Trying to play chicken with the Core team to get them to agree to Segwit2x agreement even if no one from the Core team was there to be party to the agreement. I think the big blockers will be the ones to pull off to the side come early November. So glad that I was right. Big blockers pulled away.
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Now it has settled and we are back to where we started before all the 2x getting cancelled news. Can we finally get back to getting to $8k already? Someone is still buying futures, the miners are still signalling. Seems premature..
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Listen to Sue: Never bet against the honey badger.
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^^^^^^^^^^^^ These bots are really starting to bug me....I didn't realize account farming can be so lucrative.
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Ok, so how much they want to raise in USD by current rates now?
WTF This coin isn't an ICO, contact bones261 if you want to buy some Sorry, I left the party over a week ago. You can find the coins that I had on Yobit. Just got a look and they are now much cheaper than what I sold them for.
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