#random: Saw on /r/bitcoin. It reminded me of a certain someone... yeah if roach comes back in another kife he aspires to be a dragon. a roach can dream, right?
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Nice work! I would love to have more rigs and I'm adding them slowly. I put my mining in a shed outside after the heat was so bad in my house. I did a write up of the project here if anyone is interested: http://canefiremt.simplesite.com/Scroll down to the shed write up, it's after the Octominer build. Cheers, CF pretty interesting read. thanks for posting link.
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i wonder what the cards to keep are.. a few of each class of card? or go mostly with one class? or just go by power efficiency, ie nvidia at the moment. since most algos seem to run better on some class of card, how many bases to cover?
grouped by memory type
nvidia: ------- GDDR5X 1080ti GDDR5 1070ti
amd ---- GDDR5 480/580 <- unsure on these, nvidia 1070ti beats them on power efficiency in most algos? HBM2 vega56
I have 16 1080ti's and 1 rx560 and 1 1050ti I am banking on the 1080 ti's hanging in there for a while. most of my hashing is sha 256 and script. yeah 1080ti is a keeper for sure. the 1080ti and vega 56/64 seem the main cards to keep if the goal is to simplify the rig. between them they are pretty good (for gpus) at anything. never got into asic mining beyond a bfl jalapeno (got one of the 1st which actually made me decent money fiat wise, but not btc wise). after that the asics were too power hungry and i was afraid of being burned, so i was not mining anything (even gpu wise) for a couple years. wish id paid more attention those two years, i basically ignored mining and just hodled instead of trying to use btc to expand into asics. which worked out in many ways actually.
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even if gpu mining goes to more or less zero profit i think there will always be a use for a decent "standby" gpu rig (something thats already ROId).. a rig thats kept updated and ready to roll for any new algos that come along, just download a miner and go. theory being any really new algo wont have asics for a few months. get in early, hash with gpu till the big stuff appears, then back to standby status.
This is a good strategy that i would also like to follow through on. I'm currently on the rocks about selling off some of my GPUs and just keeping a reliable set of 1070s and 1080tis. As long as they are turning a profit above electricity costs they will continue to mine. Then when all goes to shit with ASICs, they will be on standby for new coins with new algorithms. Thanks for the idea bud. i wonder what the cards to keep are.. a few of each class of card? or go mostly with one class? or just go by power efficiency, ie nvidia at the moment. since most algos seem to run better on some class of card, how many bases to cover? grouped by memory type nvidia: ------- GDDR5X 1080ti GDDR5 1070ti amd ---- GDDR5 480/580 <- unsure on these, nvidia 1070ti beats them on power efficiency in most algos? HBM2 vega56
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i think the new direction to go is efficiency no matter what gear you run. gonna be interesting to see how low i can get my gpu rig, currently ~1000 watts, hope to drop at least 100 watts and not lose too much hash.
even if gpu mining goes to more or less zero profit i think there will always be a use for a decent "standby" gpu rig (something thats already ROId).. a rig thats kept updated and ready to roll for any new algos that come along, just download a miner and go. theory being any really new algo wont have asics for a few months. get in early, hash with gpu till the big stuff appears, then back to standby status.
i definitely want to grab a fpga, even if its just an experiment. fpga success would probably depend on how fast devs can get a a new algos bitstreams out.
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Sorry for doing nothing but bumping it, but really wanted to leave my footprint in this awesome thread.
You almost sound like a real human being. It's unusual to see a new member that is a real human. It's usually idiot bots like this idiot. Well bitcoin might not be the best crypto to assume those place, as there are already others cryptos with some advantages against bitcoin, and currently bitcoin value is based into the miners that rules the all ecosystem of bitcoin. But i do believe bitco
Or this even lazier idiot. This very interesting
What do you guys think? Real human or next level bot? not even really"next level" as this bot keeps cutting off the end of its posts.. Well bitcoin might not be the best crypto to assume those place, as there are already others cryptos with some advantages against bitcoin, and currently bitcoin value is based into the miners that rules the all ecosystem of bitcoin. But i do believe bitco
Yes there is a chance that it will become the future of money. But in my side of opinion I would rather to choose Bitcoin as great investment assets compare to become a one world currency. Because if that happen bitcoin will no longer be different in ordi
The only situation where I see this happening is where the development and improvement of Bitcoin stalls and doesn't keep up with other technology that is coming - the biggest threat right now is quantum computers that could render encryption useless if w
Bitcoin would die if all the activities in bitcoin will be gone like the demand in the market and also the support of the miners then they will make bitcoin die because what is the purpose of bitcoin if there will be no people interested in bitcoin? I don
definite drag bots and shitposters can ruin this more or less historic thread.
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I've finally made my 1080ti calculator public! Feel free to join : www.myha.shlooks like its off to a good start.. what is "EA (24h)"? and why does the number for this on ethereum say 0.00? its the only coin with a 0 value in this column. will you ever support user entered hash values? 1080ti/1080s now have 2 values for ethereum mining: stock and with the eth enlargement pill. on the 1080ti ~37 stock vs ~50 with eth enlargement.
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What I would like to know besides what the SIA chap said, is how ASICs will handle new algoryths like X16r&X16s. And I hope we will see new anti-ASICS improvements soon.
the way im reading it (ie: guessing) is the line between fpga and asics are blurring. only highend gpus with high efficiency can even remotely compete, simply because they can be on a new algo (really new not just a tweak of an existing algo) within days, more or less. even then it would be hit or miss. maybe a few months good gpu mining on a new algo, then fpga/asics roll in and bam, profits drop like a rock.
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Thinking of shutting down thread. Gpu mining is in sad shape.
Thoughts everyone?
Looks like Metroid called it.
Maybe a part 8 for general discussions ... Although GPU mining is indeed a sad case with little future upsides... the GPU farms are still profitable with CN7/Monero (AMD), ZEN/ZEC (NVIDIA)... while they still last. The Plan B for NVIDIAs will be Neoscrypt. No further investments on GPUs for now, and yes - we have made decision to invest more ASICs, Avalons 841s and L3+s mainly due to lower price today. As long as we still have access to cheap power -- for every satoshis we can accumulate today with GPU or non-GPU miners, coupled with bullish outlook to BTC price - we can still see the pot of gold at then end of the rainbow. yeah keep it going. if gpu mining is truly hitting the skids, we need a place to discuss ways to prolong the life of what we have, or where to go next (fpga? asic?). 1 rig with 2x470, 460, 1070, 1070ti, 2x1080ti here. never gonna sell em, worse comes to worse some friends get free gpu upgrades and i use the 1080tis for gaming (currently have a 390 for that).
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TRS80
forgot about those, had a trs-80 4p luggable. 128k (bank switched), built in mono green screen, two 5.25 floppies and a 1200(?) baud modem, ran cp/m as well as trsdos and such. i was a good machine, i loved mine.
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I have a viable ideas that will stop any big miner.
Ie my new coin is nvidia gpu coin you can only send 1 miner capped at say 650sols or like 1x 1080ti
So the benefit of a 10000 sol asic is worthless as it needs to clock to 650 sols.
the asic = worthless the fpga = worthless.
in fact a new coin such as gpuZcash can use the asic al-gore-rythm of equihash but on the blockchain limit the block winners to 700 sols. of hash
so you 10000 sol asic has to downclock to 700 sols not a brick but fucked none the less.
btw at zcash founders you could do this with zcash. and it would work. pools would need more servers since more workers would be used.
program your pos asics of fpga's then just down clock them to 7 percent
so the 10000 sols drops to 700 sols and it saves some watts maybe you do 50- 100 watts, but it does not look that good anymore.
so asic resistance is easy.
they would just write the software so one 10,000 sol asic simulates 14 miners at 700 sols and connects to 14 pools. or 14 different workers at the same pool. kinda like a 14 core cpu. each string of asic chips works as a different worker on its own. or is this limited sols per ip or something.. unless you get dozens of internet addys/lines that would make farms useless and gpu sales would tank anyway as each person will only buy one gpu per algo. a few 8 or whatever gpu rigs to cover a couple dozen algos and youre done. maybe im interpreting this wrong.
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I began using computers when I bought my first ZX81 kit and built it. It had a whopping 1K of RAM and programs could be saved and loaded to audio cassette tapes which was a real hit and miss affair. Progression from there was the ZX spectrum, BBC micro, Commodore 64, Atari ST 400 (I think), Apple Macintosh....... modern day PCs. Still, fun days.
had a timex-sinclair 1000 (basically a zx-81 that was prebuilt for usa market) with the 16k ram pack and that sparky printer. still have it somewhere. the sparky printer was pretty cool. the ram pack connection was so wobbly (instant lockup if you even breathed on it) i wound up hot gluing the whole thing to a piece of wood. ts1000 -> vic20 -> c64 -> columbia 8088 with (eventually) a 30 megabyte rll drive woot! (1st ibm pc clone) -> ibm at -> self built from there (386sx and onward). also had a programmable hp calculator back around the late '70s but it didnt have the stripe reader, i had to code moon lander in by hand each time so i would never never turn it off rofl.
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With a +7-10% buy premium, people will never use them though. it shows two within a 30 mile radius of me. might have to buy some at one of them just for the lulz as ive never used (or even seen) a btc atm yet. actually, I think I'm going to drive over and dump a C note in one just to check it out
my thinking exactly.
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[...]
For the cryptocurrency mining addicts the road to recovery may be through actually investing $99 in an FPGA training kit like Digilent Arty 7 and actually losing their logic design virginity.
[...] Thank you for the tip on the $99 fpga training kit. I was considering something like this myself and this is actually very useful. Can you recommend any sources of information on how mining can be achieved on an fpga? im interested in that kit too, i had no idea training level fpga kits were that cheap. thanks. amazon has that kit and has some beginner level books listed in the "frequently bought together" section. i figure it will take me about a year to make one of the onboard leds blink. then its world domination shorty after that.
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My grandma asked me if I was ao big blocker. I said “wait, what?!...You know about all that Bitcoin stuff?!” She said “Bitcoin?? Wtf is that?...and what does it have to do with football?.....”
man i still think of "big blocker" as a gearhead term for those who prefer large block (vs small block high revving) car engines. old, i am.
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How do people send bitcoin over email these days?
coinbase allows it. not sure how it works though but iirc the recipient gets the email with instructions on how to open an account there to claim them. EDIT i thought in the past there were issues if the recipient either never claimed them (never signed up) or could not open a coinbase account due to location or some such. those coins did not return to the sender. this was a while ago so maybe things have changed since then?
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how would we load the various bitstreams onto these things? we would need special software?
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Apparently 2 of the miners were showing up reversed, and I was adjusting the wrong one. I made myself a little chart and mapped everything out
yeah gpu charts are a lifesaver. i have charts with the following rows and then identify the gpus in each row (msi 470, evga 1080ti ftw2, whatever) or even put a piece of tape with an number on the card somewhere. physical slot on mobo driver version (like 17.11.4.. sometimes drivers change the numbering) miner x miner y miner z... (different miners can read cards in different orders from each other) msi afterburner evga precision x gpuz [etc] helps tons when messing with settings, as its very easy to mess with the wrong one
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fomo (along with panic selling) is pretty much a right of passage in crypto.
i would wager most everyone on the forum has done one or the other (or both) at least once, and probably several times, in their crypto journey. i know i have.
takes a while to get a feel for whats real and whats not. patience is the key. risk tolerance is different for everyone. youll find a spot where youre comfortable.
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By the time I'm ready to shuffle off this mortal coil, I'm hoping BTC will have appreciated in price enough, that I can have my corpse shot into space, to be cremated by flying directly into our Sun.
sounds like a plan. i would be strapped into a Jeep for that one last ride.
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