In the past I ran many rigs on single core Sempron processors. You guys probably don’t know what a Sempron CPU is. It’s literally a $5 CPU I bought off EBay because I didn’t want to spend $50 on a quality CPU.

Some I got lucky and unlocked the second core however many I was stuck on single core. It ran at the same speed as a i3 intel processor. However the issues were that it took forever to get windows installed and took a good 5-10 to get the system to finally boot and start running. But once it ran, it ran without any issues, until I had to restart again.

Whether GPUs become in high supply or decent supply doesn’t only have to do with ETH mining profitability. Due to covid and this Omnicron variant there is going to be more shut downs and possibly supply issues again.

So even if ETH trades sideways or goes down, the GPUs might be still hard to get. I remember back in late 2014 and late 2018 when mining was very unprofitable. I would go on Craigslist and eBay and check for decent deals and there were none, GPUs always seem to hold their value.

Crypto lately has been in the main stream and as a result there are tons of scams due to it. And most of the scams are pretty obvious but people keep falling for them.

Nobody wants to buy Bitcoin because you won’t get rich off Bitcoin anymore. Even if it eventually does hit $100K it’s only 100% gains. And that’s if it hits $100K which could be never or in a few years.

The obvious scams like Floki or Shiba inu are pump and dumps pretty much. And there are many ponzi which claim 10% profit a day, which is also a very obvious scam but people keep falling for it.

I don’t see how this is news really, this was well known pretty much a month back when we crashed down close to the low $40K.

And I don’t think this crash was caused by over leveraged positions, sure there was some degenerates liquidated on Bybit perps but most of this was due to the fact that it happened on an illiquid Saturday morning, where nobody trades.

Your biggest issue here is going to be with those split PCIe cables. I guarantee you that the one which is closer to the PSU is going to melt at the +12V pins.

Most PSUs that I had with these series split type of PCIe connectors always melted. It was also the plug closest to the PSU and was always the +12V pins.

No idea why they have such a bad design.

As long as it’s not in the direct sun then it shouldn’t be an issue. I don’t think you are going to be mining in the middle of a desert will you? Most likely they will be covered. You just need good ventilation.

Keep in mind most GPUs can survive heat better than humans. So this is not really an issue. If the cards start to run too hot then they will most likely shut down anyways to prevent any damage.

Most PSUs have some form of protection but if you got like >$5000 worth of gear hooked up then you should at least invest $50-100 in a decent surge protector.

Especially if you live somewhere, where these are frequent occurrences. Because you really don’t want most of your gear to blow up. Usually what happens is the voltage drops and the current doubles to compensate and you blow a bunch of components.

Yes the low of the year is a great way to determine a bottom however it always isn’t correct. The low for 2014 was breached and it headed lower in 2015.

I think an ATH is not a reliable measurement of strength in my opinion. Usually it leaves a long wick and many never sell at the ATH. However if a low forms and that low isn’t breached in 1-2 years but it can mark a bottom.

So the yearly low and 200WMA are perfect bottom signals.

Yes but if the entire power is down in his area most likely his home internet won’t work either. There is usually some station close to his place and if there is no power at all that substation will be down also and he won’t get internet either even if he has backup.

He can try and do backup by using tethering by 4G from his cell provider. However same issue.
If power is down in a wide area, most likely the cell towers will be down also unless it’s far away and he can get a signal to it.

Yes please search this has been discussed to death by now,

For one we have no idea when it will go POS fully. They promised POS by Summer 2016 actually.

Second, if they go POS most likely the difficulty will jump for all the GPU mineable coins and there will be no profits for anyone. Unless you got some cheap or free electricity.

Yes I had this issue also. Bought some custom kit from some seller on eBay which claimed they would work on my GPU. However they were a different material, more thicker and didn’t squeeze as easily as the factory ones which were more like gum.

As soon as the GPU entered windows, it instantly overheated. Temperatures spiked up. At first I assumed I damaged something but then I took a look and could see the huge gap.

Basically managed to put on the old pads and things were fine ever since.

Well it could be a repeat of 2018. Where people were expecting Bitcoin and other cryptos to break ATH again and instead the complete opposite happened with everything crashing down and bottoming a year later. Most was due to scams of ICOs and others were people who were selling their crypto to pay their huge 2017 tax bill.

Or it can be like 2021, people were expecting a repeat of 2018 which had a big rally the year prior, however instead of going down it actually broke ATH and 3x it’s previous ATH.

So my advice is to wait and see how the first week or 2 will be and it should give us a hint of what is to come for the future.

The only people that are making money out of Elon’s tweets about Doge are bots most likely or people who were online at the time he tweeted.

There are bots which monitor certain popular Twitter accounts such as Elon’s and it scans for “doge” text and then immediately buys it and there are probably hundreds of bots programmed to do this and hence why there is usually a huge 10-20% rally.

However these rallies almost always completely go back down. Seems the hype is down.

Yeah i read those descriptions also. Basically it obviously won’t work on us, but it usually works for people who are new to trading. Saying stuff like “I cracked the stock market” makes it seem like this was written by some kid.

And there are naive people out there that will believe him. And they will pay for his courses. And he might even have some signals where he actually makes money by showing pictures however it’s most likely edited or photoshopped.

But when people see those 7 figure accounts, they are brought in and scammed.

Nobody has the right answer. It might go up or it might go down. Not 1 person decides whether it goes up or down. It’s a bunch of people all at once.

Generally when people are all bullish and saying that Bitcoin will go to like $250K and you hear people talking about Bitcoin on the street, generally that means it might too soon.

When people are saying Bitcoin is a scam and it trades sideways for months. That is usually the best time to buy.

Ask yourself this.

If you were a millionaire, making millions of profits every year. Would you waste your time teaching absolute noobs for pennies? It takes time to write ebook, make videos, answer questions, send trading signals. Why bother when you can make a few million doing just trading yourself?

This is why most of these courses are scams and waste of time.

Moving average indicators work very well in trending markets. However they will chop you to bits in ranging markets, especially on the lower time frames.

So depending on which coin you back tested, let’s say SOL. Which has pretty much went up the entire year. Any MA combination which was long would of worked out fairly well.

However if the markets start to range it won’t work as well.

I never had issues with FTX. Some people complained in the past about outages during rapid market moves however I never had that issue with FTX. Whether using the app or site.

The withdraw options are great because you can get free withdraws pretty much. Which is very rare these days. So since they are letting you withdraw for free it means they value their customers instead of charging for withdraw fees. Gemini is another great exchange with free withdraws.

Indicators won’t help you if you don’t know how to trade. They are never accurate. They are more of a confirmation but should never be used alone.

There are so many times when a MA can cross and you might signal a long on one timeframe but short on another. Or MA can tell you to long and RSI tells you to short. So they will never be reliable as you want them to be.

With experience you will know which trades to take and use indicators as a confirmation.

I am pretty sure most people who hold tons of tether do it on either the Bitcoin or Ethereum blockchain. Most don’t keep large amounts on the Tron blockchain. Most likely due to Justin Sun. They want to be safe and feel better paying the higher fees on ETH or slower transactions on BTC network than using tron.

Tron is good for small amounts in my opinion. I agree it’s much cheaper and faster than Bitcoin and Ethereum. However it’s newer and hence why people don’t transact large amounts on Tron blockchain. So I see no issues for tether.