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3221  Economy / Service Discussion / Re: Why you should think twice before mining on " Nicehash." on: November 17, 2020, 12:34:19 AM
Mine to your own wallet, not to coinbase. That's absolutely wrong advise.

People need to pay the power bills, staff, maintenance, and many other expenses in fiat, so they have a few options.

1- Auto-payouts to a wallet and then send x amount to exchange to get fiat.
2- Auto-payouts to exchange, keep x and send the rest to own wallet.
3- Auto-payouts to exchange, exchange everything to $ in the order to ROI the fiat mining investment.

This is not wrong advice as you mentioned, it just doesn't fit your business model, don't get me wrong, it doesn't fit mine either and I would never do it, but I know many people who need to exchange their mining earnings to fiat every day, not everyone holds bitcoin, many miners are 100% fiat-focused and mining to their own wallet has no benfits whatsoever.


Quote
Also it is not a Bitcoin pool

Nicehash is indeed a Bitcoin pool related and fits here perfectly in general but it depends on the kind of discussion it could fit many other boards, it isn't a bitcoin-only pool/service but 90% of pools/services are not bitcoin-only anyway.



OP, nicehash is a shady pool service, it doesn't take a ton of research to reach that conclusion, what happened to you as a drop in the ocean, but it's good that you shared your story and I appreciate it, sorry you had to go through this and I hope you learned a lesson.

If you need to convert your mining earnings to fiat, please use a proper exchange like phill suggested and a proper mining pool like Viabtc, slushpool or f2pool (there are a few other great pools you just need to look around), if you want to hold most or all of your earnings in BTC then use your own wallet as Artemis3 suggested, you could use Electrum, Coinomi or any other trusted wallet which all comes down to your personal taste
3222  Local / العربية (Arabic) / Re: البتكوين والذهب .... ايهما اقوي on: November 16, 2020, 08:14:13 PM
اسمع ان شخص واحد يمتلك ربع عدد البتكوين
شخص واحد او مجموعة معينة

اين مصادر هدا الكلام اخي؟ ثم ان نفس الكلام يمكن ان ينطبق على الذهب, نحن لا نعرف من يمتلك اكبر نصيب من الذهب وكم هي تلك النسب, بالعكس تمام الذهب يستحيل تتبعه على عكس البتكوين, وعلى العموم كل هده الاشياء ليست جوهرية في المقارنة بين الذهب والبتكوين نظرا لتشابه هده "المشاكل" بينهم.

ميزات الذهب:

- موجود منذ مئات السنين ومعظم البشر مثفقة عليهم
- لديه استعمالات في عدة مجالات خارج نطاق المال والقيمة, فهو يستعمل في الموالد الالتكرونية, المجال الطبي وغيرها من المجالات
- لايحتاج تخزينه لمعرفة متعلقة بالتقنية, يمكن ات تخبائه في حديقة بيتك.

السلبيات:
- اجمالي المخزون غير معروف : معظم البشر يمتلكون فقط سندات تقول انهم يمتلوك ذهب في مكان ما ولكن لايحق لهم المطالبة بالذهب كمادة فزيائية ليحتفظو بها في منازلهم
- العرض غير محدود حتى وان كان الناتج السنوي ضعيف الا انه غير محدود
- يمكن ان تتطور التقنية ونكون قادرين على تعدين الذهب خارج الكرة الارضية (الامر ليس مزحة يوجد دراسة جادة بخصوص هدا الشي)
- يصعب تحريكه من مكان لاخر ومن الصعب اقتنائه بسرية
-حجم سوقي كبير جدا يجعل من نسبة الربح المحتملة رقم صغير نسبيا


ميزات البتكوين:
-اجمالي المخزون معروف تماما, العرض الجديد معروف بالملي
-سهولة نقل البتكوين عبر القارات بتكاليف لاتذكر وسهولة تامة
-حجم السوق لازال صغير والاستتمار في البتكوين يمكن ان يجني اضعاف مضاعفة من الارباح

السلبيات:
-عملة جديدة جدا وتحتاج لوقت اكتر لتكسب ثقة الناس
-لايوجد اي استعمال للبتكوين فيما عدا الاستخدام الذي نعرفه
-اقتناء البتكوين يحتاج لبعض المهارات المتعلقة بالتقنية
-صغر حجم السوق يعني اكثر خطورة



اعتقد ان الذهب لايقف في طريق البتكوين, ولا البتكوين تقف في طريق الذهب ولكل منهم مجال معين يتوفق فيه, انا شخصيا افضل البتكوين نظرا لان عائد القيمة سيكون اكبر بكثير من الذهب, اعرف ان الامر ينطبق تماما على الجهة المقابلة وهي الخسارة ولكن انا ليس لدي الكثير لاخسره, يعني المال الذي استتمره في البتكوين ان وضعته في الذهب فالمكسب لن يغير حياتي الا بنسبة بسيطة جدا, اما في البتكوين يمكن ان يكون تغير جدري في حياتي في حال زيادة قيمة البتكوين, وفي حال اختفاء البتكوين الخسارة ايضا لن تغير حياتي جدريا.

ان كنت رجل غني سوف افضل الذهب, لان الغني يجب ان يحافظ على امواله ويتبعد عن الخسارة, اما الاشخاص العادين من الافضل ان يدخلو المجالات التي تحمل نسبة مخاطرة كبيرة ومكسب كبير لان المكسب البسيط حتى وان كان مضمون لن يغير شي في حياتهم. لذلك عندما يسئلني اصدقائي واقاربي حول الاستتمار اقوم بنصح كل شخص بما يتناسب مع عمره وحالته المادية.
3223  Bitcoin / Mining support / Re: Bitmain ridiculous failure rate on S17 on: November 16, 2020, 12:52:42 PM
The 17 series gears have an average of 30% failure rate, this is based on large samples of data and not a hobby miner with 2 or 4 miners, a few people got lucky but the majority did not, with a 33% failure rate you would expect at least 1 board on all miners to die.

Your numbers are just about average, but some members here will tell you they are not because they had some good luck with the 17 series, but looking at the bigger picture and large samples you are really just at the average rate.

The most common issue we all had with these gears is that terrible solder paste bitmain used, also the way they solder the heatsink, such issues are hard to fix and if your gears aren't under warranty then you are screwed, but there is hope, there are a few things you can try, check this topic and this topic
3224  Local / إستفسارات و أسئلة المبتدئين / Re: ما افضل تطبيق للنعامل بالعملات الرقمية وم on: November 16, 2020, 12:44:09 AM
اولا يجب عليك تحديد هدفك, التعدين والتداول لا يوجد اي علاقة بينهم, وبما انك كنت تستتمر في الفوركس على حسب قولك يعني ان التداول (البيع والشراء) هوا الشي الذي تبحث عنه.

يوجد قسم خاص بالمنصات https://bitcointalk.org/index.php?board=271.0

ايضا جنسيتك ومكان اقامتك دائما ماتكون سبب في تحديد خياراتك, من وجهة نظري منصة Coinbase تعتر اكثر منصة موثوقة, بعدها Kraken و Binance. فالامر يعتمد اولا على جنسيتك وتانيا على طريقة شغلك, ان كنت تبحت من عدد هائل من الازواج وعملات اي كلام فيوجد منصات اخرى لتلك العملات, المنصات المشهورة يصعب ادراج العملات فيها لذلك الخيارات محدودة ولكن في نفس الوقت هي اقل خطورة.
3225  Local / التعدين / Re: طريقة تعدين عملة الإيثيريوم على منصة Binance on: November 15, 2020, 10:32:53 PM
لا انصح احد باستخدام باينانس للتعدين سواء كان ايثيريوم او بتكوين او غيره, لانه بالرغم من قوة منصة باينانس الا ان حوض التعدين اقل مايمكن ان اقول عنه هوا انه "مزري" وهدا عن تجربة شخصية كنت قد شرحت تفاصيلها في قسم التعدين الانجليزي https://bitcointalk.org/index.php?topic=5271427.msg55068262#msg55068262

اما بخصوص "الميزات" فهي ليست ميزات, و 99.9% من احواض التعدين توفر كل هده الاشياء, كل هدا الكلام مجرد اساليب دعاية قديمة.
3226  Bitcoin / Mining speculation / Re: It is 2020 time for a new diff thread. on: November 15, 2020, 09:53:39 PM
Fees are affected by hashrate/difficulty, although the demand for the transaction has a greater impact on the fees but still.

With that being said, I think what phill is trying to say is that the transaction fee is affected by difficulty and not the opposite, and based on that difficulty doesn't care about fees, and so it doesn't perfectly fit in this topic.

You both make sense, perhaps if we look at it from a different perspective we can actually keep it here. Less fees = less mining profitably = less hashrate = lower difficulty! , but since this is phill's topic, of course, he would do whatever he sees best.
3227  Bitcoin / Mining speculation / Re: It is 2020 time for a new diff thread. on: November 15, 2020, 08:00:41 PM
The cryptodiff website is becoming so annoying and hard to browse with all those ads they have on it now, anyway, good for him to start profiting now, it has been a great difficulty analysis tool.

We are only hours away from the adjustment, 4.30% up is not something anyone should complain about given that we had a 16% drop in the previous epoch, now all eyes are on Xinjiang, if the lockdown is over then the next epoch will also be +% but this time it will be a bigger jump, if not then we should stay within the same range until December.

Next Difficulty:   between 17516969503046 and 17520710487495
Next Difficulty Change:   between +4.3436% and +4.3659%
Next Retarget (latest):   Tomorrow at 8:29 PM  (in 0d 22h 35m 51s)
3228  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 256 blocks solved! on: November 15, 2020, 06:43:18 PM
I will let that run for a few days, and if that runs flowlessly I would consider that safe to go back online.
I keep you informed.

Thanks for keeping us updated, I am sure it will run perfectly, I read Kano's comment which was a response to yours, and as usual hey is just trying to make everything about ckpool look bad, he does this to many other pools, anyway, it's great that you wanted to double-check.


3229  Bitcoin / Mining support / Re: issue on hoshboard s9i on: November 13, 2020, 06:41:52 PM
None of the images you uploaded open for me, it shows 403 Forbidden.

Can you use this website instead https://imgur.com/ to upload the image?

Since underclocking the miner makes it better then there are two scenarios, in which you need to troubleshoot if you really want to know the cause.

1- The PSU is bad, it can't deliver enough power to all three board at high/medium settings.
2- The PSU is good, but that particular hash board can't handle high frequency and voltage.

The second option is more likely.
3230  Bitcoin / Mining support / Re: T17/S17 malfunction: cases, solutions, remedies, RMA history on: November 13, 2020, 05:46:39 PM
Usually, the label on the control board will be represented in the kernel log, in case that is not the case, then the ordering is ascending, so your chain 0 will be J1, the labels are quite visible on the control board, you just need to follow the ribbon cable to see which hash board goes to which socket.
3231  Economy / Service Discussion / Re: Bitmain extends warranty period on all new orders on: November 13, 2020, 12:19:38 AM
So what could happen if miners like you met with a serious repair problem? Do you just leave those gears aside?

Yes, sadly in most cases you just need to throw them away, some issues can be fixed, but it all depends on the cost and the level of expertise it requires, since sending the gears back to China was never an option I had to learn how to fix at least some of the issues, whatever I can't fix I simply get rid of.

Quote
Isn't that a loss if the miners doesn't function properly?

That is a part of the risk that miners need to take, many of them don't add this factor in their business plan, this is why I have always said that miners' main focus should be quick ROI rather than long-term profitability since these miners can fail at any given second, even if sending the gear back to bitmain was an option, by the time you get a replacement difficulty would have spiked or/and the price would have dropped and everything you planned for is out of the door.

Quote
I don't mine nor I am technically strong in Mining, but going through the posts from Mining section urged me to ask a few questions to regular miners like you. AFAIK there are only repair centers in CA, Russia and Europe, so what happens to miners living in other geographical locations? Should they send back the gears to China and spend a hell lot of shipping charges again?

Most miners will run the math when it comes to sending those gears to the repair centers of Bitmain, if it's worth the fees i,e the mining gear is new and worth a lot - they would ship it, if shipping costs $200 and you need to wait for 2 months when it's only 1 bad hash board out of 3, and the whole miner now worth $500, it makes no sense to send it back to Bitmain, they will just unplug the bad board and mine on.

 

3232  Bitcoin / Mining support / Re: issue on hoshboard s9i on: November 12, 2020, 11:42:49 PM
The 3 hash boards seem okay, they all showing 63 asic chips which what the S9i hash boards have, this could be a power-related issue, what is the voltage you are using?

Code:
Chain[J6] has 63 asic
Chain[J7] has 63 asic
Chain[J8] has 63 asic

Can you try to remove the other 2 boards and keep only the one that has a fluctuating frequency and voltage?
3233  Bitcoin / Mining support / Re: lovecore a1problem on: November 11, 2020, 07:19:50 PM
The kernel log looks pretty different, kind of hard to understand, but it seems like your problem is here

Code:
Nov 10 02:48:03 rockchip cgminer[254]: Failed to resolve (?wrong URL) btc.viabtc.com:3333

Please upload a screenshot of your pool/worker settings, you can hide the sensitive details if you wish, but you need to show as much as possible, and before doing so, make sure you copy-paste the URL form the pool and ensure you have no leading/trailing spaces in both the worker as well as the pool url.
3234  Bitcoin / Mining support / Re: T17/S17 malfunction: cases, solutions, remedies, RMA history on: November 10, 2020, 10:20:27 PM
Thermal cooling adhesive like the one from Arctic will do the job as well, the cheapest would be the "black glue" from China, I am not sure if that's more of solder or thermal adhesive, but it works, and it's dirt cheap, I tried to look for an alternative in the local market but with no luck, I am not even sure how do people here go about fixing heatsinks of other electronic equipment or maybe I didn't know what "material" I should be asking for since the words "solder/adhesive" didn't ring the bell, they would show me thermal paste used for CPUs and be like "this should work".  Undecided
3235  Bitcoin / Mining speculation / Re: It is 2020 time for a new diff thread. on: November 10, 2020, 08:51:33 PM
We dropped a bit now.

Current Pace:   105.6012%  (1138 / 1077.64 expected, 60.36 ahead)
Current Difficulty:   16787779609932.66
Next Difficulty:   between 17555080551474 and 17744923666082
Next Difficulty Change:   between +4.5706% and +5.7014%
Previous Retarget:   November 3, 2020 at 10:17 AM  (-16.0499%)
Next Retarget (earliest):   Monday at 4:28 PM  (in 5d 18h 34m 17s)
Next Retarget (latest):   Monday at 7:51 PM  (in 5d 21h 57m 7s)

As I said in my previous post, I will be more than glad if we don't go past these levels, I mean look at this:



In mid-October we were at 19.9T difficulty and price at 11.5k, we are now up 30% in price, so even if we go back to the 19T level in difficulty, we are still good.
3236  Bitcoin / Mining support / Re: Learning/newbie s9 zero hash 100% discarded on: November 10, 2020, 07:43:11 PM
I am glad you got your miner up and running, now for the fan noise part, you can manually set a fixed speed, usually, anything below 40% is "ok", the stock fans are noisy as hell compared to other fans, there are other methods proposed by thierry4wd and phill for noise reduction ( search the forum you will find them).

In order to reduce the fan speed without toasting your miner, you will need to reduce the voltage and the frequency, I suggest you start with a frequency of 475 and 8.0V, this should (at least according to taserz whom I trust) give you 10th at 750 watts, the miner will run pretty cool and if the room temperature isn't bad, I think you might get away with 30% fan speed.
3237  Economy / Speculation / Re: Calling top at $16500 (Even Newer!: $2483 bottom 19 Feb 2021 MtGox said so!) on: November 10, 2020, 03:10:51 PM
Finally to those that still use the "BSV shill" phrase - I'm not suggesting anyone buy BSV. It makes no difference to me if people buy it, because if the price goes up for speculative reasons thats meaningless (that person will want to sell it).

Every asset is speculative in nature unless you can't store it, there is no such thing as "true value" or "fair value" if people didn't buy gold for speculative reasons it wouldn't be worth a fraction of what it's worth now, only a small percentage of that gold is actually used.

People look for scarcity, a hedge against other means of assets that are highly inflated, they only do that in an attempt to be able to sell/exchange that asset for a larger value in the future, if people didn't buy BTC or any other crypto for that matter just to be able to exchange them for more, none of those coins would have existed in the first place.

I understand that there are some people who MIGHT be in it " for the technology", I would bet against their existence, or in the worst case, I am sure they are a minority, and the minority doesn't drive the market, it's the majority.

On the other hand, more adoption doesn't always lead to more value, we could have double the adoption with 99% less value, if tomorrow everyone and their grandmother start using bitcoin there is no absolute certainty that price/value will go up, but if they buy it as a store of value instead - price will increase without a doubt.

I do think you are smart, I enjoyed reading your comments, however, the problem with your logic (and most of the BSV, Bcash) supporters is that you seem to think that "useability" and "value" are related, which is NOT the case, the proof is, BSV has much more daily transactions and it's almost free to transact, in fact, BTC is one of the slowest (if not the most)and the most expensive to use, but BTC has 100,000% more value than BSV.

Have you ever thought about the possibility that cryptocurrencies might never beat the old system? what makes you think that a blockchain which is bottlenecked by so many factors will beat a single high-end server in terms of speed and price? maybe the majority of people don't plan on using crypto for their daily payments? if speed and cheap fees are the only two things bitcoin can offer then it's worthless, we already have fast and cheap means of payments.

Maybe if you think about it this way, you will understand that BTC derives its value from "consensus", not only miners' consensus, investors, the average joe, and joe's grandmother, the MAJORITY of people agree on BTC, they have no problem with the blocksize (they probably don't even know what that is), they just know it's a scarce asset, has very low and known inflation rate, secured by tens of thousands of nodes and millions of mining gears, those factors alone have been more than enough to keep BTC as strong as it is today.

The block size debate has been milked a thousand times before, so there is no need to go over it again, and as far as the price expectation, I won't say I am certain that you are completely wrong, I know that the next few months will most likely be bullish across all markets and then soon after that the stock 11-year-old bubble will burst, that will be the first burst with BTC around, we don't know how will crypto market as a whole react to that, it could take it to the moon, or it could drag it down for a multi-year bear market, we shall see.


 



3238  Economy / Service Discussion / Re: Bitmain extends warranty period on all new orders on: November 10, 2020, 01:12:49 PM
I strongly believe that this is only a marketing strategy and little to no improvement in terms of quality.

Not really, we know that the 19 series are much more robust than the 17 series, most of us had a very high failure rate on the 17 series with the S17 pro being a kind if expectation,  it has been a few months since the release of 19 series and there isn't any noticeable complains unlike how it was with the 17 series.

The question is, will they extend the warranty on the 17 series as well or not? if they do so, then it means they have fixed the bad solder paste or/and started using better robots/humans to solder those chips and heatsinks, if not - then not.

Or they increase the warranty duration because they know many people don't bother sending gear to china and they could delay the fix/replacement process.

That is a good point, but I don't think they are stupid enough to count on this, the majority of people do send their gears back to Bitmain for repair, 60-70% of these gears won't be leaving China in the first place, Bitmain offers large Chinese miners on-site repair services, it's just a minority of unfortunate miners (like my self) that can't send the gears back to China or any other nearby repair center.
3239  Bitcoin / Mining support / Re: Learning/newbie s9 zero hash 100% discarded on: November 09, 2020, 11:21:38 PM
does this mean i use one of those old flash files from bitmain for the s9 instead?

There is no need to do that.

Anyway, your current problem is related to installing BraiinOS, I suggest you ask this question here, alternatively, use Vnish (AwesomeMiner or Asic.to), those are easy to deal with, you can flash them from the webpage itself but they both have dev fees.
3240  Local / النقاشات الأخرى / Re: ترامب في مواجهة بايدن on: November 09, 2020, 10:45:09 PM
اتوقع فوز ساحق لترامب.

 Grin Grin حدث العكس تماما, يعني في المستقبل يجب دائما الرهان ضد توقعاتي.

احتفالات في كافة انحاء الولايات المتحدة بعد اعلان وسائل الاعلان عن فوز بايدن و العالم لازال يترقب موقف ترامب الذي يبدو رافضا للنتائج المعلنة و يعد برفع دعاوي قضائية متهما الديمقراطيين بسرقة الانتخابات. شخصيا كنت أتمنى فوز ترامب لدورة جديدة فقط من اجل الحرب الاقتصادية على الصين التي يجب ان تتواصل لكن يبدو ان العالم جميعا كان ينتظر فوز بايدن كأنه المخلص بعد أن قام ترامب بكشف جميع الأوراق و اعلن عداؤه الصريح لكل ما يستهدف المصالح الاقتصادية الامريكية بما فيها التهديدات البيئية نفسها. يبدو أن المشهد لم يكتمل بعد بانتظار الاعلان الرسمي عن النتائج النهائية للانتخابات بداية الشهر المقبل .


ترامب ليس لديه اي خيار سواء المغادرة, التشبت في السلطة والعناد لا ينجح الا في دولنا الممزقة اما في الولايات المتحدة فلن يجد من يقف معه, حتى جورج بوش ونخبة من حزب ترامب قامو بتهنئة بايدن, يعني الامر محسوم, رمبا تكون ردة فعل ترامب هي محاولة للحصول على حصانة ضد القضاية التي تنتظره فهو يحاول كسب الوقت للخروج بأقل اضرار, اما مسئلة دهابه بلا عودة فهده قد فضى فها النقاش ولن يشفع له شي, الان العزاء يستقبل في قصور وقلاع بعض الحكومات العربية التي كانت تحت حماية ترامب, سياسة بايدن لن تعجب الكثير من الدول العربية وربما ستطير بعض الرؤوس في الاعوام المقبلة.
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