With this price, you would probably be better out buying bitcoin directly and wait for the price to rise.
Many people will say try cloud mining, but from experience i can say, it's not profitable any more.
Yeah i wouldn't do it too. I had some S3 miners > no profit but ROI by selling them Then i bought S5 miners > no profit (clearly bitmain overpriced them) The S7 i skipped knowing there would be no profit too. Bitmain but also some other pools have a reputation too screw their customers. So far the only legit one i found was f2pool. @OP 21 cent per KW is a lots of money compared what it will bring you. If you use the calculator you will see your ROI (remember you have to buy the PSU too), will be too long for this investment to be worth while. My advice is to buy some cloud hashing indeed. What is wrong with antpool? Biggest thing I can think of is amount of hash there a lot don't like that. But lowest PPS at 2.5 but it does not merge mine, and also does not share transaction fee's. So with all that it is close to F2P likely. But what is your specific problem with them? And 21 cents is still pretty crazy I would host and you save 1/2 power which is huge overtime. I just cant wrap mind around still mining at 21 cents. |
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my advice would be TO buy bitcoins and turn them into hash with hashnest (or their pacmic invest plan) ... no other work or fees required, just earn shares profit
Hasnest is not bad if looking for a cloud option, it's the most popular there is if you do want cloud. I would agree pacmic on current is kinda a low return. I still do a lot with physical mines though. I really like having it and tinkering. That is part of what makes me love mining. |
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Haven't checked in for a while but it looks like it will end around 11.5 ish with 7 hours to go best of luck.
Estimated Next Difficulty: 104,115,257,394 (+11.41%)
Adjust time: After 52 Blocks, About 7.4 hours
Will be interesting there are some right close to range so we might just a winner with big prize. I agree best of luck would love to see someone win the big prize. Price is not the greatest still headed down a little at 424. Really want to see it higher then that hopefully. |
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So there are no discounts yet on these miners? Prices are still firm as last months?
So far the advertised price has remained the same. I'm not sure what plans are on pricing. If you were buying bulk I would contact them and see... does not hurt to ask. And it would be the official BlockC or Ehash I would ask as they are direct no middle man resellers. The Avalon 4.1 held it's price for quite a while. So they could be doing same thing. But only way to know is if you were serious on buying and send a email to them. |
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Well, I have obtained a RasPi B+ frome some chinese Avalon supplier, so I have successfully downloaded and wrote an appropriate image (downloaded as 76 Mb) and it works well, much faster than preloaded FW. Is there a way to configure this FW to DHCP? It is still configured with static IP in spite that I choose DHCP and press Save&Apply...  I have not went to dhcp just the opposite. The good thing is since RPI and sd card you can back it up using Win32DiskImager. Do this if you really like the one on your RPI. And if you mess up on settings, you can restore it from backup you made. And if all else fails I have a big image on google with BlockC's image, and a smaller one on dropbox that is a .rar file. I have tested it with one from BlockC and one from China Ehash. So it worked great with both for me. |
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for my English I help with google translator, I am sorry,
I'm pissed off because I do not understand why he said more than they cost,
I get 492.75 if I order today. so that is about 40 usd wrong. they should give you a $50 or 75$ coupon. but they are not a thief . I would agree take a step back and breath. Then go ask bitmain what hapened, I don't know if they can explain it or how it happened. It would be interesting to see how they got the number. But you will have much better luck emailing and asking them. It might sound stupid but I would start off nice not calling them thief or let emotion take over. I think you will have better results if you talk to them and do it nicely. Again it might not matter but in all my time I have had better luck asking companies nicely if something was wrong then getting emotional. |
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You need to read a little more before giving advice. TREZOR is opensource so you can read the code if you like, to see no back door. The code is so good at least another wallet uses TREZOR's code. And yes it is tamper proof on TREZOR's case. The big thing though which stops your idea on employee or someone getting wallet, is it's shipped as empty it's not till you actually go through install it has a wallet. You get 24 seed words that only you know during install. So until you install it literally contains no wallet. Have you used a hardware wallet? Here is some real hands on with some hardware wallets: Trezor: https://bitcointalk.org/index.php?topic=1298917.0KeepKey: https://bitcointalk.org/index.php?topic=1283805Ledger Nano: https://bitcointalk.org/index.php?topic=1305888Actually you are the one who needs to do more research. Yes you are right the software that runs on it is mostly open source (no hardware wallet released so far is actually 100% open source, some have 99% of the code open source like the trezor but most don't have any part of the hardware open sourced, none of the ones you have linked are 100% code and hardware open source), however there are still many other worries. One thing that scares me a lot is that trezor hard an onboard RNG chip that is not open source and was completely designed and manufactured by a third party vendor, however it doesn't use this chip exclusively it combines it with random data from your PC so unless both are colluding you are safe. First of all unless you actually build the software from source and load it onto the device yourself how can you know what is running on it. How do you know that the device hasn't got some extra code that generates non random seed words, or even more hard to detect - non random R values, similar to the bug in blockchain.info before, or even code that transmits the seed words hidden in inside the tx data allowing the attacker to retrieve them from the blockchain after you push a tx. Even if you do load the code yourself it is still possible that some chip on the device is the thing that is backdoored and able to execute these kinds of attacks, this is called "hardware hacking". This is near impossible to detect. The US military has invested billions into trying to solve this problem and are able to detect backdoored chips by destructive testing by means that are not yet public however we do know that the chip is useless afterwards, so when they need to source chips from China or such they buy lots of chips and destroy 80% of them and if they find no backdoors they decide the remaining 20% are safe enough and those are the ones that end up in black hawk helicopters and other important things. So tl;dr; It is really hard to be sure your hardware wallet isn't backdoored. Unless you build it from bare silicon yourself there is trust involved. Your talking in theatricals. It is kinda non-sense your computer has chips.. your printer has chips.. are they all set with backdoor? You can go on and on with it.... at end of day there has not been a hardware wallet with a backdoor (to my knowledge). Can you point to so meting that shows a modern hardware wallet with a security flaw this big? Do you have anything hard proof not theoretical? And which hardware wallets have you used? And I'm not saying paper does not have a place if your planning on leaving it cold for long period of time and not using it, if done right paper is great. I just don't like to use you have to import into wallet. On hardware I like that if you need use it signs transactions on the device huge pro if you need to access it. But if you are putting it away for the next year or so paper wallet is great for you. |
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People with newbie ranks cannot post images (I am informed). The syntax is  with the link inserted in the middle. Example:saving space from image It's not showing syntax it's showing the box. Here it is in code box to see: [img]URL OF IMAGE HERE[/img] You can click on the second row the second box it has a picture on it and it puts the image code on post. But you do still need proper rank before you can post it now day's. |
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Some people laugh but safety deposit box store paper wallet or seeds honestly makes a lot of sense. You get a bank level security protected from the element's.
And if something bad happens like someone passing away it is in something a family member should get in will. I'm sad to hear about OP best chance is finding the place where the person stored the paper wallet, or seeds since sounds like not safety deposit box. Hopefully you know the person good enough to know hiding spots.
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if I send 1 bitcoin to my friend and I paid 20,000 satosi for the transaction who gets the transaction fees?  You voluntarily provide a transaction fee on your transactions in order to create an incentive for a solo miner (or mining pool operator) to include your transaction in the block they are working on instead of a transaction from someone else that pays a smaller fee. In exchange for confirming your transaction in their block, the miner receives a block reward. The block reward is the sum of the current block subsidy (25 brand new bitcoins that come into existence) and all the transaction fees paid by all the transactions that the miner chose to include. Some pool's are nice and share it with miners. There are pools like Antpool where the dev's/company keep it currently and they give just the block reward to miners. but they do have a PPS 2.5 fee only is how they justify. But some pools are better and share it where you mine. Also there is merged mining where some get some alt's very slowly. I highly recommend reading the individual pools sometime if you have time. It is a good learning experience even if you are not a miner. |
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A GPU is much more efficient at the process of mining than a CPU because if has many, Many, MANY circuits that are far more specialized than a CPU. It can't do nearly as many things as a CPU can, but but what it gives up in versatility it gains in speed and efficiency. Here's a great analogy: https://www.youtube.com/watch?v=-P28LKWTzrIThat being said, an ASIC (Application Specific Integrated Circuit) has even more circuits packed into the same space that are even more specialized than a GPU. They aren't capable of doing ANYTHING other than multiple simultaneous instances of completing the double SHA256 hash process on a half hashed bitcoin header with a different nonce on each instance. Asic's have taken over in most all mining. BTC mining and regular Scrypt mining you have to have asics. Just so much more efficient this way and where that get's you is at electricity price. The electricity costs of GPU/CPU most lose running. And even if profit I don't see paying off a GPU these day's. So only possibility is decent electricity and asics on mining to be able to do it now. Without those two things you chances are will lose money. I should mention mining is no guaranteed ROI it takes smart/educated moves. Selling gear anymore can make or break some people's ROI. |
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My last U3 just died. I can see it with zadig and reinstall the driver, but it does not get recognized by cgminer, nor is the R1 able to fire it up as a controller. The red USB led lights up, but that's it. It will no longer hash no matter what I do. RIP U3.
Yours may just be dead/defect also, zOU.
And as usual it's never the users fault and bitmain sent you a crappy u3 right? I don't want to say it's your fault but chances are you overclocked it behond safe parameters even though you might not admit it. I have 3 out of 3 working fine with my R1. I am not trying to push them though. I get around 50GH or so out of each and around 150GH or a tad less out of all together. So far has seemed to work pretty good. I don't really OC anymore on any of my miners. During S3 day's I didn't have a second thought about doing it. But i just don't risk it anymore besides my compacs I do push them sometimes. |
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How about on a B6 ?.
What could i overclock it whit all 10 pins and 2000bb IBM ?.
Well my issue is my garage was too hot due to really warm weather. but cooled off so look below I have the opposite around here it's winter weather and cold. Can I ask what did you do to cool it off on your garage? I'm always interested in seeing cooling, and how it varies so much. |
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Slight correction to your instructions...
Controller must be powered on last when using multiple PSUs, so in your example you'd turn the 1000w PSU on first and then the 750w PSU last.
Edit: It should also be noted that these are from a new lineup that seems to have moved away from the amazing Leadex OEM platform that we all know and love. Until more details are out there (particularly, a jonnyguru review showing the innards and who the OEM is) I'd stick with the known quality of the Leadex based G2 series.
i will alter that. But as for buying these over the well know leadex super stud 1300 g2 the 1300 g2 will not run the s-7's that are pulling more then 1400 watts. Ie batch 8. So you would need to get a 1600 g2 1600 p2 1600 t2 All of them are more then 300 usd. The 1600 g2 which I have owned and tested the 1600 p2 which I still own and the 1600 t2 which I have owned are all good psu. as I understand the batch 8 the 1300 g2 at 179.99 - 20 rebate = 159.99 no longer can do the job http://www.newegg.com/Product/Product.aspx?Item=N82E16817438011&cm_re=evga_1300_g2-_-17-438-011-_-Productthus the 1600 g2 1600 p2 1600 t2 are all really expensive The 1600w version would be better efficiency wise, but the 1300w units would work just fine with the 135 chip 700MHz. B8 pulls approximately 1237.6w DC from the PSU, so while it's close to the rated 1300w it's not a problem, especially considering EVGA covers these for 7 years under warranty. These GQ are only 5 years. Phil found such a good deal on PSU's the difference in savings vs efficiency savings make it where his is better I think. It's what 150ish or so less then 1600 G2? Somewhere around there. If you really want efficiency 220/240 server psu is way to go. But that is not a option for all miners. |
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Some gear will not make it to most consumers. Look at bitfury you need to have a LARGE investment to get any gear there. I don't know exact amount but it's very sizable. No group buy or other things will ever reach bitfury. So some new miners... but we will not have access as home/hobby miners to all. |
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our mine is located in Venezuela ,
Are you able to show some pictures of your miners in mine? Would love to see a working one in Venezuela. I'm not sure why but the plain mining board has a new scheme for someone to start a farm there about every month, every other at most. They have all went away so far except 1 might turn into something..... but it's been a long time since pictures and the last they said they still did not have gear. It seem's a lot of them take a picture of inside of warehouse and think it's data center. But please do share pictures I'm sure others would love to see them to. if you want i can send a email with some images of our firt set up just live your email address Can you post like phototbucket or other that works? Then others can see aswell. If you post link to picture someone with higher rank will quote so everyone can see the pictures  . Do you know many other miners out there? I was just surprised how often mining operations try to start up there in regular mining forum. |
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I mine 100 to 300 satoshi per day in average...
if I only mine 50 to 100 it will not change much for my life (lol)
That's not mining, that's barely even being a "lottery" player. No...it's not a "lottery player" because I do not mine solo...I mine in pools. I mine more for testing how the pools work. Perhaps I will never see a single satotoshi from my mining in many pools...but it does not matter. But I hope a payout from CKPool where I have "accumutated" more than 10000 satoshi now. It is why I propose the "co-mining" service. There is no point in mining such low amounts with any hardware because the mined amount will never be able to cover the electric costs. Browsing a few faucets might get you 10000 satoshis faster than waiting for a payment from CKPool. I do not understand... I can waiting the 10000 satoshi (almost 20000 now) and browing faucets... I can not understand that here people believe always that it is impossible to do several things at the same time. and mining has no real cost when it is cold... it is the same with my aquariums...The electricity paid for heating the water heaths as well my room... I would not say no cost when it comes to miners even in cold. I consider my self a hobby miner, and I can tell you it is not free my electricity is a good bill. I also have a mining area as it's much easier to do with more gear, instead of putting 1/2 in each room. So I don't get heat unless I bring one in the house area. Even then I'm still paying for the heat it makes. Just makes it where heater can be lower. Far from free though. |
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I picked as late as I could. I would rather be in the 11 area then the 10 .3 I picked.
looks like 158 blocks were made yesterday.
That fits my bitfury has a cooling issue theory.
Clod weather is due by the farm the have on Jan 1 lets see what they do then.
Price is picking up to a little which is nice. At 433 right now which is not to bad. So seems recovery from holiday cash-out. We will see but I'm hoping we can get 450 in next week or two. I really want the floor to move to around there. But seems we have not done it yet. |
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Thanks for the replies.
I have been looking into hardware wallets also. I like a lot of things about the Trezor wallet. It looks like it never exposes your private key to your computer. I think I read also that even if you were to lose the device you can still recover your btc as long as you have your encryption information.
Has anyone used a TREZOR? Any know issues with them?
Thanks.
One potential issue is you have to trust that the trezor itself doesn't have some kind of backdoor built into it. Even though the device is mostly open source it is still very easy to hide hard-to-detect backdoors in it. I believe trezor's ship with some kind of tamper proofing so that you can tell if it has been tampered with during shipping, but maybe a rogue employee worked on your trezor and hid a backdoor which he could use to steal your Bitcoins sometime in the future, or maybe even a hacker has compromised some computer involved in the manufacturing process and used it to backdoor your trezor. It all comes down to trust really, if you trust the trezor guys to do their job right then you don't have to worry about this, but that's kind of difficult to do isn't it. You need to read a little more before giving advice. TREZOR is opensource so you can read the code if you like, to see no back door. The code is so good at least another wallet uses TREZOR's code. And yes it is tamper proof on TREZOR's case. The big thing though which stops your idea on employee or someone getting wallet, is it's shipped as empty it's not till you actually go through install it has a wallet. You get 24 seed words that only you know during install. So until you install it literally contains no wallet. Have you used a hardware wallet? Here is some real hands on with some hardware wallets: Trezor: https://bitcointalk.org/index.php?topic=1298917.0KeepKey: https://bitcointalk.org/index.php?topic=1283805Ledger Nano: https://bitcointalk.org/index.php?topic=1305888(My post was cut in previous quote) That was actually one of my concerns as well with buying hardware wallets of ebay, i thought perhaps someone had opened them and taken the codes then sealed them again. Since i was previously corrected on paper vs hardware i never brought it up though =p glad i never you are a true hardware wallet supporter, youve convinced me anyway, im just too cheap to buy one. I also support paper aswell. It does serve a purpose when done right. If your going to store something cold for years and do not plan to access it, paper is going to make a lot of sense. It is for those who need access to the coin's hardware wallets do great. It does not let the key on the computer the hardware wallet actually signs transactions where the computer never see's the key. So even if compromised computer it cant send Bitcoin. That is why I like them for people who need to use/access coins. But there is nothing wrong with paper when done right. I think the person's usage is best to determine what should be used. |
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Hello Everyone, please be sure that you will receive your payment(s) within 24 hours.
thank you for you patience,
Bitcoin Boy.
Great to know it's coming! Thank you for the work to get it up and running again. |
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