Given the right marketing even dirt has value. What do think the potting soil they sell at the gardening center is?
But PoW already gives value to coins and if you add marketing into the mix you get a coin with real value. There are lots of POW coins that now have no value at all, despite how much electricity was put into creating them. How a coin is marketed is the only thing that gives a coin value. Besides, in order to create a POS coin, one needs a running CPU, RAM and an internet connection. Also one needs a running node that stores the block chain on a hard disk. POS coins really are not "free" at all. Of course PoW alone doesn't guarentee success. In fact, PoW have plenty of issues on its own but PoS is way worse and have no real advantage and starts from a heavy disadvantage. CPU and RAM is nothing, you can use a cheap VPS or even your phone or a raspberry pi to stake. PoW on the other hand requires much more which is represented in the price of coin as well. PoS = "buy my useless pieces of dirt with imaginary value because I just said they worth X." PoW = "it costed me X to mine each coins so I will sell them for slightly above that to make it worth my while (>X)." I said everything that I wanted to so I'm done here. |
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Given the right marketing even dirt has value. What do think the potting soil they sell at the gardening center is?
But PoW already gives value to coins and if you add marketing into the mix you get a coin with real value. |
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Ah, POS only. Pfft. Miners are a dying breed. I.....can't. ....feel ..my.....toes.!
Anyway, good luck mate. It'll be good.
PoS only will never ever work long term. Why's that? I believe it's the only viable long-term.. PoS doesn't have any floor value because they have no cost of production unlike PoW coins. The sole value PoS coins have is coming from people convincing others that they're actually worth something but in reality they are just literally magic internet money with imaginary value and nothing to back them up. You make a good point, my friend. As, on other posts, I look up to you. Proof of Stake is a value in, and of, itself, though. If you hold, the value holds with you. It only decreases in value when you get on the market again. I am not sure how to word it correctly, but the value is in the hold. And depending on the POS staking, one could walk away with a hefty accumulation. Thanks mate, but since holding coins gives everyone who already own coins even more coins in a proportionate manner, I feel that completely offsets the increase in value because every single staker will end up with more coins for free (other than owning the coins). So in reality, the only way for stakers to get out with a profit is if there are new people in the market willing to buy the coins for whatever reason which means it's a very predictable and artificial market which is similar to ponzi's. PoS is like everyone winning the lottery and all expecting to get rich not realizing that their individual gain is negligible because they have to share with everyone else. Your assumption is that the only purpose of this coin will be to attract altcoin investors. If the developer can properly market this coin, so that it actually has some use beyond mere speculation purposes, then it will create a demand. Unfortunately, none of the other coins using this theme have been overly successful at this. Time will tell. Real life usage is still irrelevant when the base value of the coin is imaginary or agreed upon by a few people based on arbitrary things. Coins are completely free to create by staking so it doesn't matter what you can do with them. You might as well can ry giving dirt value by giving it use but at the end of the day dirt is useless because it's free to come by. |
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ASROCK H81 PRO MB and DUAL VIDEO--
A number of thread-followers have mentioned that they run rigs on ASROCK H81 PRO motherboards. These boards support Intel CPU-Integrated graphics as well as a wide variety of graphic cards. Is it possible to drive a monitor with integrated Intel video, and mine with nVidia graphics cards (750ti SC)?
I will research the web before booting my new H81 rig, but I'd like to know if it has been done by any one of the readers.
Thank you in advance! --scryptr
Yes, you can use the processor's onboard graphics card (set in bios to onboard) and you should use it because that means that all of your dedicated cards will have 100% of their memory free which is beneficial in memory hard algos. Otherwise the OS will use a chunk of your primary card's memory. |
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Ah, POS only. Pfft. Miners are a dying breed. I.....can't. ....feel ..my.....toes.!
Anyway, good luck mate. It'll be good.
PoS only will never ever work long term. Why's that? I believe it's the only viable long-term.. PoS doesn't have any floor value because they have no cost of production unlike PoW coins. The sole value PoS coins have is coming from people convincing others that they're actually worth something but in reality they are just literally magic internet money with imaginary value and nothing to back them up. You make a good point, my friend. As, on other posts, I look up to you. Proof of Stake is a value in, and of, itself, though. If you hold, the value holds with you. It only decreases in value when you get on the market again. I am not sure how to word it correctly, but the value is in the hold. And depending on the POS staking, one could walk away with a hefty accumulation. Thanks mate, but since holding coins gives everyone who already own coins even more coins in a proportionate manner, I feel that completely offsets the increase in value because every single staker will end up with more coins for free (other than owning the coins). So in reality, the only way for stakers to get out with a profit is if there are new people in the market willing to buy the coins for whatever reason which means it's a very predictable and artificial market which is similar to ponzi's. PoS is like everyone winning the lottery and all expecting to get rich not realizing that their individual gain is negligible because they have to share with everyone else. |
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Ah, POS only. Pfft. Miners are a dying breed. I.....can't. ....feel ..my.....toes.!
Anyway, good luck mate. It'll be good.
PoS only will never ever work long term. Why's that? I believe it's the only viable long-term.. PoS doesn't have any floor value because they have no cost of production unlike PoW coins. The sole value PoS coins have is coming from people convincing others that they're actually worth something but in reality they are just literally magic internet money with imaginary value and nothing to back them up. And the way in which staking works is both just an illusionary increase in value since everyone holding gets more coins and both detrimental to distribution which should be the main goal of a coin. It's an unbelievably silly system and I have no idea why anyone would take any PoS coin even remotely seriously. |
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Ah, POS only. Pfft. Miners are a dying breed. I.....can't. ....feel ..my.....toes.!
Anyway, good luck mate. It'll be good.
PoS only will never ever work long term. |
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That smoke has been used in Maryjane
My first thoughts as well. |
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@bathrobehero:
Have you ever tried undervolting the 970? On my 980's I run with lowered voltage, and that allows me the same (high) clocks with reduced power usage and lower temperatures. My power meter broke, so I haven't measured yet the different efficiency levels, but generally speaking, I think that you'll gain the most by tweaking voltage.
I haven't as I'm afraid that each card would be wildly different in terms of how much voltage they require not to crash (long term) on stock speeds because they also have somewhat wide ranges of stable overclocks. If anything I was considering a slight increase in voltage for the 970s as in my case going for maximum hashrate regardless of efficiency is more profitable and the cooling on them is also pretty good. But I might play around with lowering it in the future just to see. |
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GIGABYTE GeForce GTX 970 [GV-N970WF3OC-4GD 1.0]
GPU 1264MHz (+150)/ mem 1753MHz (lock) / VDDC 1.2V (lock)
Rig idle 70W
-- ccminer-1.5.69-git-spmod --
Lyra2REv2 - 9.5MH/s - 155W (Rig 225W)
X11- 8.7MH/s - 175W (Rig 245W)
Quark- 18MH/S - 220W (Rig 290W)
Thanks for testing the watt usage. The GV-N970WF3OC is a great card, but it use too much power to mine.. A low profile card with 2 6pins connectors is only using 150-180W mining quark. But the hashrate is not 18MHASH, more like 15,5. So the last 2,5 MHASH is with a cost of 40WATT. Yes but you can get the same efficiency from the bigger OC cards as well if you limit them (old pic): But the OC cards have the benefit to push more hash when the profitability is high enough for you not to care about a small loss in hash/watt. |
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What i use on all my rigs. I use H81 boards in all the rigs but not using the extra voltage inputs on the mobo. Just powered USB raisers split up on two separate rails from the psu. Overkill but also bulletproof = good night sleep  I have pretty much the exact same config. I am no expert in this psu/riser stuff but I read that when using the daisy chain power molex connectors to never use more than 2 connecting for power.
Something about they are not designed to have a lot of power running through them.
I put 2 cards max per chain on both molex and sata even if I have to use those cheap converters. With 3 cards on a chain mining something power hungry I noticed the chain heated up quite a bit with unpowered cards. |
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[...] 750Ti without power, steel risers burn through 12+ volts[...] Of course they do... Those risers are not made for high power cards. The very worst card for such risers, is the 750/750TI without external power, as the card is entirely powered from PCIe, but even with externally powered cards, those risers are known to fry quite frequently. Were you lucky enough to not get any damage beyond the risers themselves? The asus rock BTC h61 or h81 has 2 extra power slots. 4 pin=150W (this is standard on all motherboards) 4 pin * 2= 300 (use two seperate cables) total of 450W No need for powered risers with 6 750ti. That doesn't matter in this case because not the motherboard burned but the riser itself so it will do so regardless of mobo. Unless you use cards with additional power connectors as said earlier by myagui. Does a USB riser actually use USB protocol or is it a straight replacement for the ribbon cable?
They are just a replacement for the ribbon cable for the sole purpose of connecting the parts and it's not using USB protocol. USB (cable) is just much more relieable, durable, flexible, it's shielded, cheap and convenient because it has a connection interface so all the parts of a riser isn't just soldered together into one mess. |
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I have a nomp (zone117x) and mpos pool (based on this guide) that I'm trying to add lyra2re2 support but I'm not sure how. I added a change to algoProperties.js that I found here: https://github.com/upgradeadvice/node-stratum-pool/commit/0298e72c0e90fb8552f1330167cf04979da730c5but I'm not sure how to actually add the hashing algo into multihashing and whatever else that would be required to set it up. It also worth noting the wallet daemon of the coin I want to use doesn't have rpc client functionality (only -cli) so I might also need help with that. I can offer a small bounty, pm me if you can help. |
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I don't know what numbers you're running, what you guys are stating makes no sense to me.
Do anyone of you even touched a solar panel IRL? Seen one? Bought one?
I'm not sure how touching one would enlighten me about the numbers behind buying one but whatever. In central EU it would cost me about $7200 to have a decent (5kw) unit that would provide me with 630 watts 0-24h on average. Using 630 watts 0-24h with $0.14/kWh costs $760 a year so that's over 9 years before reaching ROI. So yeah, you might be able to get your hands on some super cheap solar panels+inverter+batteries but I'd much rather pay the $0.14 with a grin on my face and spend that $7k on more hardware. |
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Now that Tesla Powerwall is available (for some countries it will be in some months), a little solar plant for mining may be feasible (and profitable in the long term).
Specially if you can apply for some government incentives.
I guess it's nice but I don't see it offering anything extra for miners. I mean the main purpose of it is to be an uninterruptible power supply and so it's only as valuable to miners as the solar panels you're connecting to it. Without any numbers to back it up I'd guess it's more profitable to buy more hardware than spending money on solar panels, unless your electricity is very expensive. ... and is getting even more expensive in the future :-( Also, the purpose would be to avoid selling power to the grid for a very low price, when producing in excess. What I mean is that if your only goal is profit, I think just buying more hardware and putting them to work on utility has better ROI than investing into solar (more cards with less profit per card > fewer cards with solar infrastructure) IF we assume the profitability of mining stays relatively the same so solar is less risky in that regard. Where I live the sun shines about 2100 hours a year and even then it would take quite a few years before I would reach ROI as it is so expensive. With mining I'm well below a year with $0.14/kWh. You're using private miners normally? No, but I would if they were more profitable and advertised. |
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Now that Tesla Powerwall is available (for some countries it will be in some months), a little solar plant for mining may be feasible (and profitable in the long term).
Specially if you can apply for some government incentives.
I guess it's nice but I don't see it offering anything extra for miners. I mean the main purpose of it is to be an uninterruptible power supply and so it's only as valuable to miners as the solar panels you're connecting to it. Without any numbers to back it up I'd guess it's more profitable to buy more hardware than spending money on solar panels, unless your electricity is very expensive. ... and is getting even more expensive in the future :-( Also, the purpose would be to avoid selling power to the grid for a very low price, when producing in excess. What I mean is that if your only goal is profit, I think just buying more hardware and putting them to work on utility has better ROI than investing into solar (more cards with less profit per card > fewer cards with solar infrastructure) IF we assume the profitability of mining stays relatively the same so solar is less risky in that regard. Where I live the sun shines about 2100 hours a year and even then it would take quite a few years before I would reach ROI as it is so expensive. With mining I'm well below a year with $0.14/kWh. |
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Now that Tesla Powerwall is available (for some countries it will be in some months), a little solar plant for mining may be feasible (and profitable in the long term).
Specially if you can apply for some government incentives.
I guess it's nice but I don't see it offering anything extra for miners. I mean the main purpose of it is to be an uninterruptible power supply and so it's only as valuable to miners as the solar panels you're connecting to it. Without any numbers to back it up I'd guess it's more profitable to buy more hardware than spending money on solar panels, unless your electricity is very expensive. |
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Regarding the retarded management of the team, we're always looking for maxcoiners to step up and help out with ideas and, of course, development. Personally, I've spent countless unpaid hours working on our websites, negotiating with developers, and trying to market our coin. Others on the team have a lot of free time invested. It's not fair to criticize us because maxcoin isn't at the price you desire. We've kept the community abreast of all dev efforts and will continue to when we have more news.
Josh
The problem is not with the price, it's with the lack of development and (so far) empty promises. Granted, I shouldn't have called you guys retarded, and I apologize for it but since you guys didn't update us about anything that you do actually work in the background and even admitted not to reading this thread can be easily translated into you guys either being incompetent or just given up. |
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None. Answer me this; if someone can move the market or have information from someone who can, why would you want to include others other than to eventually dump on them?
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