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3301  Economy / Speculation / Re: Lending bitcoins on bitfinex, experience? on: August 07, 2017, 01:11:52 AM
Unless you get a decent rate that's not tiny and you're okay with possibly losing your coins if the exchange goes belly up, don't do it. I wouldn't put too much in it as even the exchanges which brag to be the most secure often turn out to be the worst in security. Best to HODL imo.
3302  Bitcoin / Mining speculation / Re: Newest difficulty contest. 2 ltc plus 1 compac stick as the prize. Picks closed on: August 07, 2017, 01:09:17 AM
Don't want to make this all speculation, but there's likely a correction down the road sometime. It always happens with such large increases and I wouldn't be surprised to go sub 3000 again.

Seems like BTC hashrate is still increasing like nromal this time. I guess I overestimated the power of BCC, was some good free $ converted to BTC though.
3303  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 11:36:41 PM
....... talking of dumps

I wonder how much longer will BCH hold $200 for  Grin
Probably not too long. Everybody that has dumped BCH has mostly dumped and the planned HODLers are probably trembling right now. I'm surprised this chain is still alive with all of the mess that it has created and the mess that it is in itself. The coin could probably pump again now that many people have dumped but I doubt it'll go anywhere anytime soon.
3304  Bitcoin / Mining speculation / Re: your opinion - what to do today with Butterfly Labs 5 GH/s jalapeno on: August 05, 2017, 10:57:44 AM
You can try to sell it (You can get around $60 for one if you include the PSU) or mine PPC/some other SHA256 currency solo or just keep it in a closet. I did that with mine and hopefully in the far future when home mining is no more I can just pull that out of my closet and remember the old days Smiley
3305  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 05, 2017, 10:43:34 AM
Waking up a few thousand dollars richer is always nice. A correction is bound to come, so don't get too excited, but this IS an ATH after all and these are always important. We haven't reached the moon yet, though, so if you are looking at buying in I would wait till another possible correction comes in.
3306  Alternate cryptocurrencies / Mining (Altcoins) / Re: RX Vega Rumored to Hash 70+ Mh/s on: August 03, 2017, 09:11:57 PM
Well, this could be what makes Polaris cards essentially obsolete. With these kinds of cards entering the Ethereum mining atmosphere and the big freeze coming, Polaris could have a quicker end than we previously expected. Wonder how these guys hash on XMR and other algorithms, though. These are rumors, though, so don't take them too seriously. We don't know how these cards actually do in mining tasks.
3307  Alternate cryptocurrencies / Mining (Altcoins) / Re: Zeus Miner GEN III Chip Blade "Blizzard X3" on: August 02, 2017, 10:46:39 PM
Could you provide a picture of the blade and specifically where those attachments are? Pretty sure that's how it works with these things but I can't be sure without a clear pic. If I am right you can just wire a positive and negative cable up to those ends and it should power on given that the thing is connected to the controller and it is running 12V.
3308  Alternate cryptocurrencies / Mining (Altcoins) / Re: How easy is the Antminer L3+ to set up? on: August 02, 2017, 10:02:09 PM
Plug n play. Enter root:root once you get the miner on your network (use IP scanner and find Texas Instruments IP) then input pool stratum address, username, password. Easy as pie. Note you will need to connect these to your roter by means of a network switch or powerline adapter. Just make sure your network is 192.168 and not 10.0, as the latter makes it much more difficult to configure your miner.
3309  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:09:14 PM
all of you who are frustratedly waiting to get your BCH deposited are lucky. I took the risk of keeping my Bitcoin on Kraken and Coinfloor, so was able to dump very happily at 0.07. FFS, really kicking myself now!
Trust me, you could have done much worse.  Like, not getting any BCH coins because you f@cked up completely out of some sort of confused negligence....

indeed. That said, getting very tempted to buy some BCH now.

Anybody here have any good indications of how long it might be until deposits start getting accepted in the major exchanges?
Probably when blocks aren't coming in only every few hours. My guess is they are waiting for block time to go down before they start accepting deposits.

As for price, price could easily be pumped to the point of BTC=BCH with deposits extremely limited. The only issue is this will likely be short lived as price will probably drop once deposits are initiated on big exchanges. I was also one of the guys who dumped at .07; it's still free money no matter which way you look at it, eh?
3310  Bitcoin / Hardware / Re: Need advises on bitcoin farm noises control on: August 02, 2017, 01:01:10 PM
Make sure the walls aren't paper thin and get some soundproofing material in between them if you are sharing space. Airflow helps a lot, getting one big push and one big pull fan to assist in cooling off the miners helps a lot. For temps, 85C is the highest I'd go before shutting a miner down and looking at it. Room temperature should ideally be around 70-80 if possible. You can add more push and pull fans if needed for additional airflow if you have dead air pockets. Also, make sure you have your miners neat and cables tied up. It isn't a whole lot but helps a lot in terms of airflow and temps.
3311  Bitcoin / Mining speculation / Re: Newest difficulty contest. 2 ltc plus 1 compac stick as the prize. on: August 02, 2017, 12:55:36 PM
Apparently the network hashrate has dropped due to BCH making mining a little more tempting for some- I will personally continue to mine BTC and BTC only but this could change. One big motivator for BCH going up is that you can't even deposit on most exchanges, so price just continues to go up. This will probably be over in a week or two and price will just settle around $200-300.

+1.5 Leowonderful
3312  Economy / Speculation / Re: Why is the price of BTC still so high eventhough BCH is going up on: August 02, 2017, 11:28:52 AM
The pumpers don't have much resistance as most of the people that actually own BCH can't get them onto exchanges due to the fact that the chain can't produce blocks fast enough. It'll probably take a few days until people can get BCH onto exchanges from cold and hot wallets and that will likely keep price going down for a bit.
3313  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 02, 2017, 01:01:49 AM
Just sold off my BCH for BTC and started reaping the rewards of still-good lending rates, albeit not as great as before. As a true BTC HODLer I'll only take BTC and no less Smiley
3314  Bitcoin / Mining speculation / Re: Where is suitable places to build mining farm??? on: August 02, 2017, 12:54:56 AM
Anywhere with cheap electricity is workable, as others have said cool weather is also a must if you want to save an extra buck. Miners actually do not need great cooling so much as good ventilation; as long as temps aren't over ~85F or 90F and air is actively being pulled out of the miners no significant overheats will occur, assuming fans on the miners are at 100%. Washington State in US, Siberia, and China are three places that could work well off the top of my head, although the third may not be possible.


Solar actually isn't as profitable as just straight power in most cases and you'd be better off just selling power if you want money back. Plus you have location, amount of sun, damage, etc to factor in and in most places except where electricity is extremely expensive it's just not worth it.
3315  Bitcoin / Hardware / Re: Rack mountable rigs on: August 01, 2017, 11:20:11 PM
Thank you for the information folks. been watching ebay for awhile now Spondoolies 30/31's are hard to find it seems.. I just might be forced to buy a retro fit shelf, much to my dismay
Some forum members were selling these recently if I remember correctly. If you make a post wanting to buy one in computer hardware on this forum you could probably find yourself one at a good price as these miners are now obsolete in most cases.
3316  Bitcoin / Mining speculation / Re: am buying 2017 AntMiner S9 13.5T on: August 01, 2017, 10:25:55 PM
Electrical cost, location, are you okay with having essentially a vacuum cleaner on 24/7, cooling? It's like asking if it will rain tomorrow without providing any info of where you live.
3317  Alternate cryptocurrencies / Mining (Altcoins) / Re: How will AMD Vega affect GPU mining? on: August 01, 2017, 10:19:54 PM
Remember that this time around AMD have probably designed a heatsink likely better than that of the 290/290X, so unless they didn't and kept the crappy design we probably won't have overheating issues with the GPUs.

Benchmarks other than ETH are now increasingly important as time goes on due to the ice age incoming, which will probably change mining possibly forever. A little concerning to me right now, hopefully somebody does that soon.
3318  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin Cash (BCC) price tomorrow gon' be like..... on: August 01, 2017, 10:16:23 PM
The way I see it is this: It's the single most profitable and best airdrop to ever grace the crypto world. It's free money now if you sell and free money later if you hold. Exit when you want knowing the people who forked have the power to keep price pushing upwards even if the coin itself isn't doing well. I have already sold and exited for good at .07 and I have no regrets even if the coin goes higher than Bitcoin.
3319  Bitcoin / Hardware / Re: Do you reboot your miners occasionally/on a schedule? on: August 01, 2017, 07:18:39 PM
Except for special cases where I may have an unstable miner, I reboot mine every week. Doesn't cost much hashing power and it helps to keep the miners up and running longer. In terms of instability the S-series miners are great, I remember in the past (late 2013-15) some miners crashed every day or less.
3320  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 01, 2017, 05:33:09 PM
Just contacted Kraken support and they said that they're still distributing the BCH. Better support than I expected from them, the guy responded in less than two minutes Tongue Prices are absolute shit on Kraken ATM though, I will def be moving them off when I have the chance.

Update: Support site now says it could take several hours for em to get it all out. Guess I'm a HODLer for Cash now.

Very unprofessional to distribute BCC to some people first.. Probably insider dumping first.
That's what I'm thinking... All the rest of us Kraken users will eventually receive our coins, but who knows at what price. Hopefully it doesn't go down to the point where it's not even worth as much as the TX fees. I wasn't one of the guys who sent their coins last minute, either. :/ This is the last time I'm ever using Kraken, would've preferred just going through the hassle of splitting instead of this bullshit.


Coins came! ...Then a 520 error and nothing. Now the site is going down like this morning, guess everybody got credited at once and everybody is trying to sell.
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