This brings us up to the second issue can a member cheat here yes he or she can.
On this topic I don't think there is anything we truly can do if someone want's to cheat. As long as people can have more then 1 account legally... you really cannot know 100 percent some are not alt's. I think getting rid of members newer then a certain date, and newbie account's was a good idea. Last week I think we went from 0 new members as they don't tend to go to speculation, to 3 new account's. So someone is actively trying to game the system. Sadly when payment get's so many rolling over it brings a greedy side to some.... I don't think we can stop it. Just have to be aware of it.
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Maybe self-moderated posts should be not allowed in the market section all together.
Why it should not be allowed ? people have a right to make the threads for their own taste and if you feel humiliated by it then you are free to make another thread in such situations (you also get this message when the post gets deleted). People should have the common sense to spot scams cause you cannot push everything for it. I'm not just talking about scams... i'm talking about things like delete bad product reviews and such on... I think you would be surprised how much trolling happens. I'm not sure who I made mad but someone the last week has trolled me a little. I kinda get the last laugh with self-moderated as I can delete troll in less time then it takes them to make a post. But for example I had a hardware wallet review... someone with 1 activity posted a paragraph with links pointed to weight loss sites (guessing from the typing did not open them). I'm guessing it's same just different name who has done it 3-5 times during past week. So not a ton but if I did not have self moderation on I would have some horribly off topic and trolling remark until staff can get to it. There is very valid uses for it. Just be careful if it's buying something. But in all honesty you should always be careful when buying something.
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Got the official response back on efficiency: "Currently, S7 is fixed with frequency to make sure the hash rate is more stable. but the voltage can be adjusted. The power consumption is 0.25 J/GH + 10% as marked in website."
So it appears the 4.7 is constant. And that efficiency is the +10 marked in specs.
They say the voltage can be adjusted? That make it sound like the software control is back in. But what do they "actually" mean, since we know they blatantly mislead with whatever they say? That you can undervolt it at the PSU level? As long as this is referring to batch 8 perhaps they just got voltage & frequency the wrong way round? However might imply that in the future Voltage will be adjustable? Rich Yes should be batch 8 I asked specifically about it. They apologized about how long it took. But said one of the engineers was consulted to get a anwser. So it should be petty valid info.
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Something interesting I did not think about. I think hardware wallets do have some misunderstanding about how secure they are, and part of it is due to users giving advice/information who never have used one: https://bitcointalk.org/index.php?topic=1301147.msg13340792#msg13340792I don't think everyone understands how for example with the TREZOR keeping the key on the device and signing on it only is very secure. And you still have seed's stored on paper in some place secure. Paper when you go to use it your petty exposed as far as if you bring wallet.dat file in or if you import private key.
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Got the official response back on efficiency: "Currently, S7 is fixed with frequency to make sure the hash rate is more stable. but the voltage can be adjusted. The power consumption is 0.25 J/GH + 10% as marked in website."
So it appears the 4.7 is constant. And that efficiency is the +10 marked in specs.
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There is something about Innosilicon that doesn't quite make sense. Why go public and push the A4 chip when LTC mining is a much smaller market. Really what is the future of LTC?
I agree that the A4 makes no sense at all. They probably decided to make it when litecoin had a little pump a while back to 6$ or so. Bet they regret that, now. They're making the A3 also, though, right? That's their new SHA256 chip. I really hope they and their partners come out swinging at bitmain. They said they were making both which does seem kinda crazy to R/D 2 chip's at the same time. They were HUGE on selling A1 chips, if they are as good with A3's they could be a decent force. Also something unique is they tend to sell chips so we could see multiple companies sell A3 machines if they stick with old model of sell. I have kinda lost a little hope as they announced it so long ago. Just seems like it's been quite a while. But I hope they do make it even though they seem to be pretty quiet.
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this is why mining isn't profitable nowaday,the cloud mining provider will cut off your profit for a maintenance reason,but they'd actually won't let you got ROI
This is why you should do a LOT of research before a investment. Especially one where your trusting someone with something as important as cloud mining. There are very few good ones. But there are a few, but one OP did I personally would not touch. I like tinkering with miners so I tend to buy and mine with hardware. But look at one such as hashnest instead of the one OP went for he would have had much better results.
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Instead of buying an EVGA you can find a 240v connection in your home and use that. Stoves, Dryers, Large window AC units, etc have 240v sockets. You can then buy an adapter AC cable for $30-$40 and use those outlets with Bitmain PSU.
There is a lot of options. Even looking at getting 240 line just for mining. That EVGA 1600 with the 10 PCIe is pretty darn expensive. And OP already bought all the other gear, so kinda a waste to switch PSU's at this point. Only thing I would caution him on using other outlets is look where it is and how close it is to areas you want quiet. The S7 and that PSU is not quiet at all. So before he does something else, he should be aware there can be a lot of sound from it running.
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Seems like playing with Pi is playing with Pi, might as well build a Pi retro gamer or home security system
Gotta agree with the pool suggestion. Either you have a data center to chase the hash or you join the equivelant in a respected pool.
Then you can spend that time on learning more about the awesome bit commerce market to be ready for whatever phase you need to be ready for because the changes have just begun.
There's also alt coins to mine and BTC conversion to/fro. So much more than Pi rev B Just my honest opinion Here to collaborate not dominate
I think learning command line for CGMiner or BFGMiner is not a bad thing for when learning. The RPI just makes sense as uses so little electricity. And throw in a hub and a few sticks, you can learn a lot about mining without a huge cost. Or yes you can get a big miner. But if you do I don't think GUI of a modern miner teaches you as much as command line.
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There is something about Innosilicon that doesn't quite make sense. Why go public and push the A4 chip when LTC mining is a much smaller market. Really what is the future of LTC?
As there is pretty much 0 compitation. SFARDS has a chip but did mostly internal things. If A4 get's made chances are it lasts as most current chip for a while. They can mine LTC internally for cheap. And set their price as no competition on consumer versions using it. So chances are A4 is a little more long term. But again I don't think they even have shown a prototype or anything so we really don't know how close or far away they are. They announced really early.
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Bitmain is not a bad company but a busy company.
Is there a difference? As far as customer support goes. With the amount of money they're rolling over, hiring one guy that can speak English and do tech support full time is not actually that much to ask. That is a tad racist.... they have a US support team. But China is the bigger one and also the bigger market for them. I think they have changed a lot the forum is more 3rd party support. Users helping users. If you want official support ticket or email is where they have seemed to go. They have tightened up some rules that is for sure. I would agree as far as modding, they no longer support and void warranty.
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i think that more secure are only hardware wallets
I disagree, I think paper wallets are more secure. There s no way your getting it connected to the Internet and stored correctly will last forever, how long do you think a hardware wallet would last? Could last ages but there's parts that could fall. I don't think you have used a hardware wallet. Have you if so which one? Anyone that has should know you have have wallet seed words that you still keep safe. Best is write them down and put in safety deposit box. And you get hardware wallet that never let's private key on computer, and signs transactions on device. If your wallet breaks... get a new one enter seed words on recovery and you can access old wallet. I've actually never no, although id like one I don't think you could beat good old paper. I know hardware wallets are safe just not as safe as paper imo. Your basing this off no information. You admit you never used one... so you don't have first hand knowledge. What do you base your knowledge off of? Please show where you got info. I suggest reading about some hardware wallets. It is actually much safer then paper if you need access to it as it keeps the key off of the PC and signing never happens on PC on the 2 ive tested so far. The recovery word's never even are on your computer screen so even if compromised so much they can view screen.... it does nothing as seed words appear on LCD on device. Look up TREZOR as it is most known. I think you will find you are very much wrong. I can use device on computer and access it if needed without risking compromise. And if breaks/need new for some reason I can get seed word's from my safety deposit box when I get replacement. I am really curious on places you got info you base this off of. In sure this has probably been sorted for a while now but still http://johoe.mooo.com/trezor-power-analysis/Its not that in saying hardware wallets are unsafe, just that I prefer paper and feel paper is safer for a fraction of the price. You are not comparing them even. In that case they have a hold of your TREZOR and it would have to be in a firmware that has been fixed. Read that article again it has been fixed. If they had your paper wallet in front of them no tools or trying involved... they have your private key or seed's. So still in this situation hardware wins I think. You reaching now trying to find info.. you found a old one that required having the TREZOR that has been fixed. You originally said " how long do you think a hardware wallet would last? Could last ages but there's parts that could fall. " That proved you never used one. I just think your opinion lacks actual usage and that alone shows it. I just hate mis-information being spread which you original post is full of. I think we could go on forever... but I think we should honestly just leave it at you need some first hand experience before you really have a good opinion.
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i think that more secure are only hardware wallets
I disagree, I think paper wallets are more secure. There s no way your getting it connected to the Internet and stored correctly will last forever, how long do you think a hardware wallet would last? Could last ages but there's parts that could fall. I don't think you have used a hardware wallet. Have you if so which one? Anyone that has should know you have have wallet seed words that you still keep safe. Best is write them down and put in safety deposit box. And you get hardware wallet that never let's private key on computer, and signs transactions on device. If your wallet breaks... get a new one enter seed words on recovery and you can access old wallet. I've actually never no, although id like one I don't think you could beat good old paper. I know hardware wallets are safe just not as safe as paper imo. Your basing this off no information. You admit you never used one... so you don't have first hand knowledge. What do you base your knowledge off of? Please show where you got info. I suggest reading about some hardware wallets. It is actually much safer then paper if you need access to it as it keeps the key off of the PC and signing never happens on PC on the 2 ive tested so far. The recovery word's never even are on your computer screen so even if compromised so much they can view screen.... it does nothing as seed words appear on LCD on device. Look up TREZOR as it is most known. I think you will find you are very much wrong. I can use device on computer and access it if needed without risking compromise. And if breaks/need new for some reason I can get seed word's from my safety deposit box when I get replacement. I am really curious on places you got info you base this off of.
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i think that more secure are only hardware wallets
I disagree, I think paper wallets are more secure. There s no way your getting it connected to the Internet and stored correctly will last forever, how long do you think a hardware wallet would last? Could last ages but there's parts that could fall. I don't think you have used a hardware wallet. Have you if so which one? Anyone that has should know you have have wallet seed words that you still keep safe. Best is write them down and put in safety deposit box. And you get hardware wallet that never let's private key on computer, and signs transactions on device. If your wallet breaks... get a new one enter seed words on recovery and you can access old wallet.
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Everyone who currently has bitcoin is an early adopter, because in 5-10 years bitcoin will skyrocket!
I don't know that now will be looked at as early adoption. I think it's jumping in much later then early adopters. Early adopters had no idea how much, if anything BTC would be worth. I mean look at the first purchase of a pizza.... that is early adopter. Now we know BTC has a value (a lot higher then back then), so we are still adopters but not early I don't think.
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So if you can not access to the miner and everything seems ok it means the control board has been broken.Well...But why?What is the reason?
Most common reason is problem with update. If problem during it can make a brick. So there is a reason. I'm guessing they say send it in and send back one that has working firmware, or possible reprogram same unit and send it back.
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The way bitcoin difficulty is jumping up, do you think any new entrant will be able to mine profitably from home ? https://bitcoinwisdom.com/bitcoin/difficultyI think, mining will belong to server firms. People interested in mining would be forced to opt in cloud mining. So should I spend btc on your cloud mining site in your signature? Or should I cloud mine with hashnest? Or should I host with lee's site in China? I could always buy and hold coins. Better yet I can mine in the winter this year with some s-7's and avalon 6's sell them in April and and the hold coins. Then buy new gear in sept 2016 just in time for the fall of 2016 use the gear from Oct to April sell it and hold the coins. Then buy new gear in Sept 2017 just in time for the fall of 2017 use the gear from Oct to April set it and hold the coins. My point is there are many ways to play. Home mining will not die in the winter months as the heat is a second value of mining. Trust me don't even waste your time. When I had the Bit-X mining sig... he enjoyed bashing me over and over. Ask him for hardware... he will give you a blockchain payment... that's it. He removed sig for a bit I think trying to get rid of feedback, but added sig back. Your advice on hashnest is pretty good... I still like to mine at home, as long as it's feasible I will keep doing it.
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Raspberry pi looks as if it's the way to go. Thanks for suggesting that.
If your truly wanting to learn I think that is best bet. You get to use linux a little bit, get use to the mining program and it's command line usage. That is something you won't get with a big miner, on it you pretty much enter the pool, and user info and it works.
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That was precisely what he was joking about. We were all assuming the OP would never return and that he didn't have the funds he claimed - because we all assumed he meant $250,000. Tertius993 simply pointed out the OP never actually stated he had dollars. That was the joke - he might have only had 250,000 satoshi to invest.
Ahh thank you that was going over my head. I just was not seeing it. I appreciate the explanation.
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Still am using the wallet. Other then the chrome being open have not seen any other issues.
It seems to work great with it's chrome extension wallet, or I have tried it with Multibit HD myself more. But still working and testing out. I have started to test a few other wallets aswell.
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