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3121  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2018, 11:52:52 PM
I just wanted to let you all know, that I'm secure enough with myself to admit, that I have absolutely no idea what is going on with Bitcorn prices.

What a ride though. Crazy wild swings.

I can't imagine the financial carnage Bitcorn has caused people trying to play the markets.

isnt this what we signed up for? the wild ride?

i mean who wants to be bored.

3122  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 10, 2018, 07:55:56 PM
thought it was ArtForz

pretty sure youre right.
3123  Alternate cryptocurrencies / Mining (Altcoins) / Re: Acorn M.2 FPGA based GPU Accelerator on: August 08, 2018, 03:12:24 PM
Yes - Nate is one of ours.

thanks. one can never can be too careful.

3124  Alternate cryptocurrencies / Mining (Altcoins) / Re: Acorn M.2 FPGA based GPU Accelerator on: August 08, 2018, 02:59:32 PM
Hi, I'm Nate with SQRL Support. Please DM me your email address and support ticket number. I will be happy to track down what happened here and answer any questions you might have. Thanks!

it sure would be nice if gpuhoarder or some official rep from squirrel confirmed this. otherwise i would not send any info to this person.
3125  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 08, 2018, 12:46:25 AM
flat earth thread

oh man how did i miss this?? that thread is gold
3126  Other / Serious discussion / Re: The world's first mining TV on: August 06, 2018, 03:41:10 PM
[...] my concern is the power usage control on TVs, I think the issue of mining consuming too much electricity would only become worse.

I agree, that's always been the problem with mining, aside from the expensive rigs for mining,
the electric bill is something that should be reconsidered. I've always been interested, I tried
it before when I was new to crypto, mining was easy to understand. A mining tv will surely
double the electricity consumption for sure. Let's see how this turns out, it's interesting from
my point of view.

most TVs (and much/most) consumer electronics here in the usa strive for "energy star" ratings, which mean they turn off or enter low power modes after a set amount of time automatically, or do other energy saving things. and for many its a selling point. less power used etc.. i hate it myself, when i turn a device on i expect it to stay on. i have to go through menus on my electronics to override these settings. what a pain.

these TVs sure wont get "energy star" rated lol
3127  Other / Serious discussion / Re: The world's first mining TV on: August 05, 2018, 01:39:43 PM
Well it looks as if my prophesy of mining decentralisation is starting to come true, Canaan has introduced the world's first mining TV.
https://bitcoinist.com/worlds-first-bitcoin-mining-tv-canaan/


how they consider this as a good idea is beyond me. 100 watts? so someone with high electric cost has this in their living space that produces 100 watts of heat that the AC now needs to absorb and dump in hot weather/climates? 100 watts isnt much but its still added cost for that gets them what..  "entertainment content or physical gifts through Canaan’s platform.”

when these chips are obsolete and losing the owner money (assuming that their entertainment content or gifts are even worth the extra cost of 100 watts worth of electricity when its new).. this is a good idea? hopefully this feature can be turned off.

i wonder if it mines 24/7 or only if the TV is on.

basically the manufacturer makes money, not the owner of the TV. i assume the TV mines at a pool the manufacturer or canaan controls as you dont get any coins. so thats not much towards decentralization.. it mines where they point it.

now i can see mining chips in hot water heaters, hot tubs, pools, heated floors etc.. but TVs? just dont see any upside.

maybe they picked TVs because many people have theirs connected to the internet. mine is not, and no TV of mine ever will be (sometimes temporarily for a firmware update but then its disconnected again). but thats likely just me; i use a HTPC for delivering stuff to my TV.
3128  Alternate cryptocurrencies / Mining (Altcoins) / Re: ALLMINE INC - FPGA Cryptominer on: July 31, 2018, 11:34:43 PM
Could someone post a working discord link? I've gone and reformatted this computer and lost access to it.
Thanks in advance friends!

give this a shot, its the latest one i could find in the announcements channel.

https://discord.gg/jdw8jZB
3129  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: July 30, 2018, 07:37:56 PM
Man punch cards!  Don't ever drop a stack of those and if you do pray they're numbered.

dropped my decks own a few times back in the day (fortran in college). after the 1st time i started numbering them heh.
3130  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: July 30, 2018, 06:25:08 PM
amd vs nvidia. meh. just roll with the punches and enjoy the ride i figure.

there is not such a ride to enjoy. Hashrate destroys all profit. more coins produced destroy profit. More Asic destroy profit. More Nvidia guys switching to ETH destroys profit. PoS will destroy profit totally. more coins in the market means less profit. No demand or a declining demand destroys profit.

well true for those who bought in at the wrong time, didnt understand mining, got burned by the various ASIC/overpriced prebuilt rig scams etc. but for those of us who made a profit, based on luck/timing/whatever, its been an interesting time. i guess ive seen and experienced enough in crypto that i just roll with it now.

So the question remains unsolved: why is hashrate increasing since profit is almost neglectable??? are people betting on a price increase blindly?? What if that does not happen?? have they thought about it???

sunk cost. if you already paid for the hardware and it makes anything above (or even equal to) zero profit, you will keep running that hardware no matter what. some hodl hoping for a price increase. some sell to cover equipment/power costs. either way hash rate rises.
 
so as asics/fpgas drive gpus out of a particular algo gpu miners pile in on whatevers left, which seems to be eth for a lot of people at the moment. not to mention eth asics and fpga that are already here. so there is a frenzy of miners trying to get every last bit of profit out of their rigs before they are pretty much useless. and eth seems to be more or less the last hurrah for many miners.

for those not into asics, i personally think fpgas and fpga/gpu hybrids are going to be the next generation of miners. they are adaptable and much more efficient power wise vs gpus, although initial cost is high. gpus alone are going to have a rough time unless your power is basically free. perhaps new algos or coins can prolong their life, but even then everyone and their brother will just pile onto that algo or coin, dropping profits very quickly.






i think it could be this: the pill for 1080/1080ti. in a reedit post some guys have reported an increase from 37 to 54 simply by using a program that performs a "tweak" in the memory settings for GDDR5X. Considering a huge amount of people have those cards, the damage of this pill on the hashrate is huge because it increases the hashrate of Nvidia guys by 30% which is and could be this peak we are suffering.

i have two 1080tis and ever since the pill they have been on eth, running 53ish mhs. with the extra 34 mhs between them it was basically like getting a free 580 or 1070ti. before that they were on equihash iirc.

plus bitmain now has an asic eth miner.

3131  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: July 30, 2018, 05:38:19 PM
it's not even that. If you bought Nvidia betting for some coins to develop, and after some time, you see that the market has rekt you and you have to switch, well, instead of calling me a crybaby, just tell me: hey, i'm one of those that fucked up the investment, and now i'm mining for 0 profit waiting after electricity betting all on price increase. Sorry for harming you.

That's what i would do on that situation.

mining hardware, mining software, amd vs nvidia for a particular algo, it all changes over time. some miners prioritize efficiency over the cost of card (high electric cost), some vice versa (cheap electric). on eth amd used to dominate no matter how you sliced it, now nvidia 1080tis that ran in the 30s pull mid 50s for mh/s on eth (because of the pill) so may be better power wise, but still lose $/mhs wise.

amd vs nvidia. meh. just roll with the punches and enjoy the ride i figure.
3132  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: July 30, 2018, 03:57:00 PM

i also have 2 1060 on my rigs. And eventhough i knew those cards were better mining Zcash, i stayed away from that. Why? because my investment was to mine ETH. and if ETH failed, i would have left the market and sell my rigs. no doubt. i never trusted other coin than ETH. In fact, i could have built much more rigs for ETH. and i didn't do it. Why? Because first of all i'm not a greedy bastard like many miners here. And 2º because i knew that i was actually harming people that were already mining, and my point was to get enough for me harming those guys the minimum. I entered mining ETH in October 2017

while thats an admirable position to take, and i do understand it (there is a coin i will flat out never mine even if its more profitable simply because i vehemently do not agree with its vision), the bulk of miners are in competition with each other.

but in general if profits are more or less equal i will mine the coin i think is better. and while that may impact the profit of miners who are "true believers" of that coin it increases the security of the coin. so whats good for a coin (increased hash power) may be bad for a miner (increased difficulty). i figure a coins security (ie higher hash rate) has priority over my fellow miners. not that i want them to make less, i just put the coin security 1st. after all if a coin fails due to a low hash rate that allows easy 51% attacks.. well whoever mines that coin has lost anyway.
3133  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 30, 2018, 03:37:11 PM
Are B1tUnl0ck3r and mymenace the same person/bot?

I've ignored both for posting gibberish, eerily similar gibberish now I think about it, so you could well be on to something.

im kinda wondering the same thing myself. both are on ignore at the moment but i click "show post" every so often for the lulz.
3134  Alternate cryptocurrencies / Mining (Altcoins) / Re: ETH network hashrate going to the moon!!!! on: July 30, 2018, 03:13:13 PM

So now, you have NOTHING TO DO THAN SWITCH TO ETH fucking those that stayed away from your shitty coins and never wanted to enter your shitty market. I actually don't care about your fucking arguments. You, and people like you, are fucking up people like me, switching your fucking cards to mine a coin which was not your main idea in the past. So , you paid off your cards mining whatever shitty coin pro-nvidia you encountered, and now you fuck up people that still want to ROI even having bought cards at half MSRP prices. GTFO PoS.

You, and all nvidia guys should leave ETH. Because you mined your coins, and now you are destroying our coin. Get out of ETH nvidia guys. This is not meant for you. Go away.

mining is for profit. and thats about all it is.. to make profit. whatever the coin or algo. if a coin cant survive massive amounts of hash power sloshing around then it will die off.  survival of the fittest. adapt or die.

sure there are some miners who mine just to support a particular coin but its a pretty small amount compared to "for profit" miner. and thats fine. i have done that myself here and there in the past. but a miner locking themselves to a particular coin has more risks than a "follow the money" miner.

btw i currently have both amd and nvidia cards (and had ASICs in the past), and have mined more or less continually since 2011. and yes my hash, for the most part, has followed whatever algo or coin that made the most profit for whatever gear i was running at that time.
3135  Other / Serious discussion / Re: Do you think it is fair to save merits for high-quality, low-ranked members? on: July 30, 2018, 12:52:23 AM
I think it's fair. Legendary ranked members just have nowhere else to growth, so they do not need to be in merit system at all.

they still need to receive Merits in order to get sMerits to send, just like any other rank.
3136  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: July 28, 2018, 10:03:23 PM

yeah early computers were pretty wild, i remember a huge TTY/paper tape terminal my dad had from his military days.

wish there were more pictures. missing was a pic of the hopper you shoveled the coal into  Grin

here is one of my actual  computer shop in while in the navy.

the guy in the photo is one of the DS  it repair techs

this photo is circa 1978  to the right is the card reader
behind him is the computer
to the left  are 2 of 4 tape drives
and  there is a teletype in the foreground



yeah looks familiar, yellow paper and all. paper tape reader was on the side, it was more like a cabinet with the teletype on top. RS-232 interface connected to a TRS80 Model I as a printer. fun times. ill see if there is a photo of it somewhere.
3137  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: July 28, 2018, 12:23:15 PM

yeah early computers were pretty wild, i remember a huge TTY/paper tape terminal my dad had from his military days.

wish there were more pictures. missing was a pic of the hopper you shoveled the coal into  Grin
3138  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 27, 2018, 07:51:21 PM
I predict an explosion in ethnic violence at some point across the entire western world, and most people will be taken by complete surprise.

I know plenty of mixed race folks. Who are they going to kill? Themselves?

No, the white half will apologize to their ethnic half for 'white privilege' in order to spare themselves.

and if there is no white part? some sort of order of historic oppressiveness needs to defined.
3139  Other / Off-topic / Re: Who Wants To Prolong Life? on: July 27, 2018, 10:47:22 AM
i would rather a shorter life of excellent health as opposed to long one in a wheelchair, diapers, gtube, oxygen tanks, dialysis etc.

work on fixing health problems 1st, prolong life second.
3140  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 25, 2018, 11:48:45 AM
So: topic swerve.

All y'all may recall I've been looking to Puerto Rico as a means of reducing capital gains taxes owed (I'm 'Merkin). But I've just learned of another (legitimate - according to IRS) potential route out of the system that may be as interesting:

https://www.forbes.com/sites/forbesdigitalcovers/2018/07/17/an-unlikely-group-of-billionaires-and-politicians-has-created-the-most-unbelievable-tax-break-ever/

Anyone interested in forming a study group? Or is there some other subforum here in BCT that might be better for such a discussion?

interesting article. thanks.

so i may have the option of taking tax money that otherwise would be paid to the government and more or less wasted and instead pick my own areas and technologies to invest it in instead. and it helps the little guys. im in. although it sounds too good to be true to be honest. and its new and untested. never had a problem with new and untested things before, as long as i can figure risk/reward ratios fairly well.

Well, not quite. At least I don't think so. Bear in mind I just learned about it yesterday. But rather than being able to redirect your tax money, it is actually the money that you invest through this program is not taxed (for ten years, profits to be tax free, etc...).

But overall looks like a very attractive program. Help bootstrap a needy community of your choice, and get a very favorable tax treatment.


replied in other thread for this:
https://bitcointalk.org/index.php?topic=4740118.msg42845512#msg42845512
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