Bitcoin Forum
May 25, 2024, 05:28:32 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 [154] 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 ... 750 »
3061  Bitcoin / Mining speculation / Re: Daniel Mross paid 2700 BTC to ButterflyLabs in 2012 for 25 Gh/s on: January 02, 2016, 07:19:26 AM
I just watched than an hour ago....holy crap....I thought the same thing.  He bought 70 avalons at one point as well.


I found it to be a good documentary to watch.  It is interesting how he kinda lost on both sides.   That documentary left me wanting to know more though, guess that's to it's credit.

I would love to know if he got a fortune from early investment.  Or how he ended up after buying all that gear.  Would love to know if he still had thousands of BTC after.  It's been a while since I have seen it but I think they did not say his holdings after all of it.
3062  Bitcoin / Mining / Re: Pics of Huge Hosting Mine Under Construction, (Dec 2015 Update: We've moved) on: January 02, 2016, 07:15:10 AM
I think that clears things up.

That would be for sure.   If judge ordered go get stuff that goes against their story of getting gear in middle of night and other party did not know.

Interesting turn thanks for sharing it with us.  I wonder what their comment to above will be.... but very interesting.

The judge allowed us to get some remaining property we had left in the facility, the bulk of our customers were taken out as I described.

So you left some customers gear behind though?   What type of compensation did those get who were left behind was it close to lost earnings? Or how was compensation done?

Just kinda a different side of story reading through the suit.  Was night time moving after or before being locked out?
3063  Bitcoin / Mining speculation / Re: When will you be selling your mining gear? on: January 02, 2016, 07:11:28 AM
In the not too distance future for many it will be time to sell their gear.

In about 4-5 months or so, winter will be over, many usually sell their gear then.

In 7 months, it will be the halving many will have to sell their gear then.

Any month now there could be a new efficieint miner like the Bitfury 0.05W/GHS, so many will upgrade to that and sell their gear.


For me, I will probably sell most of my gear in the Spring and before the Summer halving and keep my coins and get out of mining altogether since the profits aren't what they used to be.

The chance of Bitfury dealing with home/hobby miners is very unlikely.  I would guess there will be a next gen Bitmain or Avalon, even Innosilicon A3 hopefully some time.   But I think we will be limited not all company's mess with smaller sales.

I think Bitfury will still be using .05 gear even in 6 month's if they truly have it going with that and low electricity cost's no doubt.   I doubt they have to change much it is other company's that likely need to catch up to them at this point it looks like.
3064  Bitcoin / Hardware / Re: BM1384 Pod Miner plus trade-in/recycling - an interest and feasibility poll on: January 02, 2016, 07:02:27 AM
I'd be in.  I kind of dislike the unlimited tickets option as one person can basically make sure that no one else has a shot.

However, I'd still be in.  The rules are yours to set and I'm entirely down for supporting the project in whatever small way I can.

Well if someone decide to throw 1 BTC in there, then maybe Sidehack could use that BTC to give that person one pod in the first place and raffle off the other 2, keeping the rest.

Or not, but it would be good for the project.

Even if someone spends 1 BTC it does not guarantee win since random, just raises the chances of them winning.  I think everyone that participates is doing it knowing money goes to dev of pods.  So if a few go wild i view that as a good thing.  The more dev money I think benefits people wanting pods.

So even with unlimited tickets I still think it's win/win.  And eventually we will be able to buy it once it comes out so there will be other way's to get eventually even if you don't win.   
3065  Bitcoin / Pools / Re: Dec 11 to Jan 11 Sidehack Compac Stick pool club latest setup. on: January 02, 2016, 06:57:28 AM
Walked past and noticed mine were not hashing.  One needed a little adjustment but I'm back up. 

Almost forget to check these compacs are so reliable with my RPI.
3066  Bitcoin / Hardware / Re: [Review] Avalon 6 Miner - Winter Mining - Notlist3d - Also FAQ and Help on: January 02, 2016, 04:44:05 AM
Have 2 that are running steady here is a shot of them running for over a week:


One of my biggest suggestions I think for any new buyer is go with server PSU, adjustable voltage if possible.  That is really only big thing looking back I would tell a new buyer.
3067  Economy / Services / Re: [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: January 02, 2016, 03:22:46 AM
Hello Everyone, please make sure you have your address in other contact info, I will start payments today.

I will update new info here after few minutes

Does that mean the new API is in? Smiley
Yeah I updated the API library, Also their's a project that I worked on for weeks ago, a new Bot will take place here It should solve
those payment problems. I will keep you updated, I'm installing it now and will test it before start it live.

Bitcoin Boy.

Thanks for update it's nice to hear we are getting near.  Thanks for your work.
3068  Bitcoin / Hardware wallets / Re: [Hands On] TREZOR Hardware Wallet - Notlist3d on: January 02, 2016, 12:27:24 AM
Updated second post to show how easy TREZOR is to use with an android device with Mycelium Bitcoin Wallet.   It really does a good job of allowing mobility with still keeping your security which is important.
3069  Other / Beginners & Help / Re: Why did you come to Bitcointalk? on: January 01, 2016, 10:04:14 PM
To earn a little money from doing jobs here  Grin

What kinds of jobs?

why?, sig campaign work well as a side, job, whne you finish your real life job, you can earn soemthing extra in a total relax in front of your computer

his earning is a bit of a joke because he is still jr member, but the point stand

You are right, people here are making good amount of Bitcoins doing signature campaign "jobs" for which they are rewarded... Smiley
Many are living on Bitcoins including me, and I also work here, try to help everyone a bit and that's the magic of this forum why everyone's here...
Helping and earning on the same platform... Smiley

If your treating it like a job your doing it wrong.  Also if it is the reason your own the forum your doing it wrong.  I don't see signature campaigns being for those people, even though there are a few.

I think it works best for those who do their normal posting, and it's a bonus.   If you do it this way it prevents signature spam, and a lot of problems.
3070  Other / Beginners & Help / Re: Cloud Mining - Please help a newbie on: January 01, 2016, 10:00:47 PM
why would you want to cloudmine bitcoins nowadays when so much websites turn to scams and it is so unprofitable
I agree with this and it is basic common sense.  This of it like a real mine.  If you have 10 mines making you $100 per day each, you are making $10,000 a day letting them mine for you.  Why would you lease these mines out for $90 a day each just to loose $10 per day.  Cloud mining is useless and does not add up.

The reason is they have the space and can get a quick profit.   If they can make ROI and build even more by selling a miner, that is smart buisness.  Instead of months to get ROI they can do it in a day... that is a lot of saved time.  And they I think make a decent profit off sale and then they make profit on running them so creates a monthly income on a new source.

So this if anything allows them to get bigger in most cases.  And at end most own the gear... so that is the cherry on top for these sites.  Look at hashnest it is very popular.  I know I like to get the gear as I enjoy tinkering with it, but for all is not a possibility.  So sites like hashnest do serve a purpose.
3071  Bitcoin / Hardware / Re: Avalon Nano 3 Driver?! on: January 01, 2016, 09:36:04 PM
So I Now Have Different Types Of Mining Chips i use including 3 ASICBlockerupters, 1 antminer u2, and one avalon nano 3, the block erupters and antminer both work jsut fine, but the avalon isnt working, ive installed the driver and used zadig to install it, im using bfgminer so i dont and to use the gui for the nano, what do i do?

The nano's have not had a lot of action in a while the compac's kinda took the steam as far as most people using them and getting the most attention at this point.   You might take a look at my old thread - https://bitcointalk.org/index.php?topic=1022764

It's a good thread for nano's.   The driver I know is in the downloads I believe it's been a while since I used my nano.
3072  Bitcoin / Mining speculation / Re: Dec 31 to Jan 12 Diff thread picks closed. on: January 01, 2016, 09:32:27 PM
https://bitcoinwisdom.com/bitcoin/difficulty  (+11.41%)


Bitcoin Difficulty:   103,880,340,815
Estimated Next Difficulty:   115,736,702,762 (+11.41%)
Adjust time:   After 1859 Blocks, About 12.5 days
Hashrate(?):   720,421,695 GH/s
Block Generation Time(?):   
1 block: 9.7 minutes
3 blocks: 29.0 minutes
6 blocks: 58.0 minutes
Updated:   9:0 (2.5 minutes ago)


The above is pretty far off

https://bitcoincharts.com/

Blocks   391261
Total BTC   15.032M
 
Difficulty   103880340815
Estimated   103788427798 in 1859 blks >>>>>>>>   we are actually negative!
 
Network total   700212.073 Thash/s
Blocks/hour   5.65 / 637 s

I would love to see a negative.  I'm tired of 10+ level it really is not fun to see multiple weeks.  But not much I can do to change it just watch and speculate.

Price is 430's and seems to be staying in that area for a bit.  So better then the 400 area but still not a huge jump, I really want 450 this period.  I just want a new wall  set up higher but sometimes price does move slow.
3073  Bitcoin / Mining speculation / Re: s7 new farm on: January 01, 2016, 09:30:17 PM
I have a friend who mines with his own equipment, I mean they make hardware on their own and mine, they have different types of miners and they don't sell them, and he says that these miners can easily perform for upto 1 year, but the most important factor you need to take care of will be the cooling...
If the environment is cool and even after that, you do better liquid cooling for those miners, then I doubt they won't run at least 8 - 10 months...

Can you link to this?  I have not seen someone small scale make their own gear.  There have been 2 or so project's I've seen usb one's.

It just seems hard to believe your friend makes the chips, machines, etc.  Unless your friend is part of one of the big companies.

He is an engineer himself, and it's not like he has any website or something, he does it alone and offered me partnership once when some slots were open, but then he took his offer back as all the slots were filled...

They needed few investments in order to fulfill the expenses occurred in making those miners, but they got them...

He uses Skype, if you need it, PM me and I will let you know...

Can you just show some of his gear? Picture or stats?  Its just that this does not happen often a engineer would need a ton of skills to build an asic.

What company chips is he using? Or are you saying he makes chips?   To what point is he making it?
3074  Bitcoin / Mining speculation / Re: Mining hardware in a car ? on: January 01, 2016, 09:28:28 PM
The Volvo is ready, lets go!
(removed pic to save space)

How is it so far?
Isnt the electricity just from the engine. Won't you just end up burning more gas?

That is not OP who talked about mining in a car.  That is a trunk of miner's most likely being moved to somewhere to mine.  But they are not running in trunk off car.

So neat picture but it is not a mining area in that car.
3075  Bitcoin / Mining speculation / Re: Hire some terrorist... on: January 01, 2016, 09:26:52 PM
while this is feasible, especially if you consider government as a form of terrorism, and they hate bitcoin(not all of them, but still...), aren't terrorist using bitcoin? how this is not going to hurt their business

I hope not as it would be a bad article for general public.  Imagine general public who only know's bitcoin is money, don't know much about it at all.  If TV articles or web articles link Bitcoin to "bad" things it would be bad overall for bitcoin community.   

It is hard to push the positives of Bitcoin if a situation like OP mentioned happens.  So I hope it is not used for that.   
3076  Other / Beginners & Help / Re: Best bitcoin wallet? on: January 01, 2016, 09:23:32 PM
The Best Bitcoin Wallet? The hardware wallet, it's expensive, but really safe and secure
Otherwise, Electrum is great if you are new to bitcoins

I have tested a few and the biggest thing hardware wallets have in my mind is keeping the key on them.  They sign the transaction on the device and not on the computer.  So even if a computer had a virus it's not going to give away a wallet file, or seed's, etc. 

So that is huge on if your going to use it keeping transaction signed on the hardware wallet.  And if your are not going to use it and holding for year's or something a proper paper wallet is not bad.  It is all based on what your doing on what is best for you.
3077  Bitcoin / Mining speculation / Re: S7 Batch 8/9 or Avalon 6 on: January 01, 2016, 04:01:02 AM
I also fear the S7 batch 8,
if avalon lowers prices leave bitmain, the rpodotti are sketchy, blades than you burn, defective controller etc ...
  in my opinion, the only miner rock was S3 +
this is that it was a rock
S5 disappointed me a lot, the blades were burned continuously,

We hope in the competition with 16 nm chips.
and a guarantee at least 6 months, 90 days is too short

I would take a one hundred twenty day warranty in a heartbeat.


I don't think we will see extension of mining warranty at this point.  From a buisness standpoint when they can sell it at 3 months and people buy..... chances are they won't move to 6 months.   

S3's were like tanks but you could still brick them on firmware.  I only had 1 do it  on me, but it is possible even for a tank of a machine to go down.

And the S7's are no tanks. I bought a S7 B8, because i got a coupon, but we'll see, there has been a lot of report and negative comments about the B8. We'll see how that goes.

So far from what I have seen they work great as far as hashing.  Pretty much everyone is getting 4.7, so quality is there as far as hashing speed.

The downside... less chips.  They cranked the freq really high.  So efficiency on some other batches was better.   But we got a price quite a bit less then other batches aswell... so pro's and con's on both.

I was a bit disappointed with getting less chips, but I'm really only worried about whether its a good working unit that will last or not.

I would of preferred a high chip miner because this means if i ever get server PSU or a way to overvolt the miners, i could get more hashrate out of them. However as i have been favoring ATX PSU for noise, shock hazard and 120volt. I am thinking i'll probably run the thing at stock or maybe OC+1-2 step later on (if even possible) at stock voltage.

We will see. I look forward being able to add input about it. I will probably think on getting a B9 later on too.

It seems they have pretty good quality control on this batch.  So I think that is a good indication.  Hopefully it last's long term but the batch they lowered cost to make and this allows lower sells points.  And I think they are going to stick with this one for a bit (and I could be wrong).

The biggest thing is the freq already being so dang high, and efficiency they really did mean the +10 percent when they put it.  So I think we will have good working units for a long time. 

The big thing is mod's if someone finds a good one or not.  That is the question that I think is still up in the air.  But it wont be a issue till down the road when it's older technology.
3078  Bitcoin / Mining speculation / Re: Hire some terrorist... on: January 01, 2016, 03:55:35 AM
Someday a bunch of home miners would find it economically feasible to hire another bunch of people to blow up a couple multi-petahash mines and drop the difficulty a few notches...
You should stop watching American movies. They influence you.

Don't blame this on movies.  I watch movies and that is still a horrible idea even to say.

It not only is stupid and could hurt people... it's plain wrong.  Not to mention chances are if BTC mines are targets...  that is not good PR for BTC and it goes down.
3079  Bitcoin / Mining / Re: Idea to extract hot air for better cooling efficiency on: January 01, 2016, 01:20:12 AM
Run them in the garage.  Keep the garage door open about 6" and use a strong fan to push hot air out.  Zero cost if you already have a strong fan.

I don't see this working unless you use something to push heat through and push it to the bottom of garage like duct work.  Heat rises so 6" at bottom is not really where the hot air is, it would be at the top.   

In my mining area I use a lot of CFM's to push heat away from the miners and at far end exhaust it through a professional gable fan, that does a lot more than standard gable fan.  I also have vent's helping in roof.  I let the heat rise and get rid of it.  But it's winter so I have been able to turn down fan's and save a little overhead as it is so darn cold right now for me. 
3080  Bitcoin / Mining / Re: Miners should Start a Union on: January 01, 2016, 01:10:28 AM
Maybe the union can just negotiate with our power companies for us and get far better rates for miners. BTC

I hate this thread keeps coming up.  A bitcoin union will not and can not ever work.

On this we would need a great deal of miners in same area and on same power company.  This is not realistic for all miners to be on same.  The data center's that use ton's of power.... tend to go to places with good deals on electricity.     So the places where lots of usage is happening... they already have good rates.

I too, say a complete no to Union.
If something like 'United Miners of Bitcoin' exists, it may strike and force all exchanges to have higher prices or whatever, and it will even break the decentralization of bitcoin mining community.


It's not that I don't like the idea... if it was possible then I would think great.  But even if all home/hobby miners made a pact... do you think the big operations would shutdown if price was not above X?  No they are not going to.  If we could control BTC price it ruins decentralization.   

People keep bumping a topic that at it's core does not make sense.  It is a free market on price of BTC.  There is no big boss, no company to go up to with demands like a union would.   It being impossible to achieve this is why I wish this thread would die or be locked.  But it keeps going on... and on. 
Pages: « 1 ... 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 [154] 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 ... 750 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!