What do you think about this? https://halongmining.com/And their demonstration video: https://www.youtube.com/watch?v=SRCsQUyR7_IPrice: 1350$ PSU: 115$ Speed: 16TH/s Honestly this looks like rip off of S9 and all what they did just put the sticker of their logo on it. But i am not sure how they can change the speed in the dashboard that shows 16TH/S... lol 2 problems with this video.. 1) they don't show the front of the miner, with the BITMAIN Logo 2) the youtube video itself has comments disabled (rarely see that) so folk can't point that out to newbies, that this is a scam! 3) and of course, the likely screen is showing, more than one ASIC miners to get the output, with other units out of the shot. If this is NOT a scam, it is the dumbest video of product I've ever seen, in that they don't address why/how their unit looks like a Bitmain unit....if is obvious because 1) it is a bitmain unit or 2) they copied a bitmain unit if it is 2) you copied a bitmain unit, you would want to point out why it is a clone of a bitmain unit...to address this very issue, to prove you are NOT a scammer! The obvious, reason for neglecting this is, it is a bitmain unit and you are scamming folk! |
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I don't want to bother Lauda with this question.....busy enough I'd imagine....
But, just to be clear the member jump for me and others here, starts next week?
(myself from Senior member to hero/legendary)
I'm pretty sure, that is the case....again, don't want to bother Lauda with this, just a double check.
Also, Senior member payment received...without issue as usual....like clockwork.
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Looks like it's the beggining of the end of bitcoin. It's like Yugoslavia splitting to many smaller countries.
Well, BTC was supposed to PULL as one unit, as far as scaling and such software improvements, you don't like it, you are supposed to make your own fork. Doubtful, Satoshi thought forking to an alt, could be used to game the system, and make all that money, and concentrate BTC network power in pools and large miners. The sad part is we could reach consensus on all this in 1/2 a day! It would take the 'scare' of BTC price falling to like $1,200.00 bucks to do so, IMHO, but by god there would be consensus and integration on scaling/etc, damn quick! So, not sure, not ideal, that is for sure. (now to my other boogie man, what if Craig Wright is Satoshi? and he really does have access to billions of BTC, held in a trust, that opens Jan 1st, 2020 to him? Ack! On his proof? ..you know if that is true, with his temperament, he will flush/sell most of it...with the price going down into the 100's of dollars... and watch the Bitcoin experiment burn right? by the way, he was treated, by the BTC community and the press? you betcha! ..damn...only 1 out of 100 chance of this.but always scares the crap out of me...lol) Anyway, enough ghost stories. |
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Can we start a pool to get Blissz an L3+ and a D3 so he can rewrite the OS'? The FIRMWARE from BITMAIN is trash IMO
GenTarkin (hi, if you are reading this) told me in a PM, there was not a lot he could do...closed source and all, if I remember right any gains would be in the cgminer software area...this was for the L3+, he was looking at for a buddy. As to the D3, well that would be a toaster by the first of the year or maybe Feb 2018....ie doorstop....(at least at my 12c kWh electric)...So why bother. Anyway, he probably lurks in this thread and can provide more detail, it is not like I'm talking out of school on this if there was a way to tweak Bitmain products..I'm sure he or someone, would have done so by now. It is just not easy, from what I gather. Ah, I see, so this is what bitmain posts, BEFORE, they put an firmware update for the Bitmain D3 on their site? ie a clue? |
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This is the reason why people now are holding bitcoin and with that theres a lot of demand with btc and the supplies are really shortening now .. therefore bitcoin value in the market and still expecting more rise on the price ..
That is the reason for BCH. You can't increase the limit on BTC beyond 21 million coins, just make a fork/alt of BTC and viola 21 million coins on the fork...and low difficulty...only problem is the FUD to promote this and push the Alt. Also, BCH allows you to run longer your OLDER Sha-256 miners etc. Assuming your pump of this Altcoin worked, which it seems to have...sad, but true! Plus a lot of FUD is deliberate from BCH and other Bitcoin forks...makes for more BTC being dumped in a panic that pushers of the other forks can grab up at an otherwise cheaper price, if no FUD then if you never forked, from btc at all. Thus you'd have a lot higher price in your whale endeavors to grab cheap coin! (example: assume there was consensus and NOTHING did fork like BCH etc....the scaling solution was fixed, you had lighting and other options...all was well in Bitcoin land....what the frack would the price be now..if as a store of value BTC was united...frack, IMHO, we'd have 24K USD coin now) win/win/win for the folks forking BCH and other altcoins.....a very pretty game plan..evil wise anyway : It also is getting damn hard to mine BTC with difficulty rise/etc...Everyone who has any accumulation before 2016, with the price rise of 1k to 11k now, is NOT selling any BTC if they can help it, and thus third, the only way to accumulate coin is to do the FUD game and forks and such...shake the BTC tree ....so the weak hands will fall out, sell their BTC, and you can grab cheap coin for a longer period of time....god help your whale like endeavors...if you had to pay 24k a BTC to fill your coffers anyway, not going away, IMHO, not gonna get any better...just too fine an angle to have your cake and eat it too. |
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They're only doing this because of the frenzy people went into to get their bitcoincash and bitcoingold coins.
Bitcoincash was a legit fork, bitcoingold was pre-mined and their official site linked to a wallet that stole bitcoins when you put your seeds in.
People need to ask themselves whether these freebies are worth getting their bitcoins stolen.
Well, say you want to make your own crypto coin. (scammer or not) 1) I can make an alt coin in the traditional way...it launches at 0.0000001 USD....I hype it for 3 years and it is at 12c USD! (yea!) or 2) you can call your altcoin Bitcoin Gold. Use the x13 protocol, GPU mine it, has 210 million coins, as max made, etc. This has NOTHING to do with BTC, but the name and a prayer to the ASIC gods that this will work! And as of this moment, Bitcoin Gold (BT is $302.07 USD With all the talk of ICO's and such being banned etc. This whole make your BTC fork coin angle, will be all the more profitable and possible! Damn, are we gonna see a lot of BTC labeled forked coins! It is gonna be the crypto version of the biblical flood....Ack! |
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Did U know, three days ago bitmaintech update github with DASH branch (to actual 1.0.0.9).
Not precisely sure what you mean, but nothing has changed from the Bitmain Firmware Page, up to this point. (time/date/etc) https://shop.bitmain.com/support.htm?pid=00720170915192851224mJ36J1ap066ELikely, IMHO, Bitmain will soon stop making firmware upgrades for this. In my case at 12c kwh, I can't see me running these miners on Jan 1st, 2018! (live and learn I guess) This a weird world, where my original KNC Titan from Nov 6th, 2014 is still running and made today does $7.54 USD on 12c kwh at 1250 watts and 300mh. Sheesh. 3 years and 1 month. Yet this D3 is toaster city within 3-5 months at best. Does not bode well, for my toaster purchases, from any ASIC manufacture in 2018! oh well, I can't always pick winners  (on the other hand, the 2 D3's I have will make sturdy bookcase ends/doorstops/boat anchors/space heaters/shooting range targets/hamster hovels/etc) |
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what i am interested in, is to find out how many will be a victim of these forks... these are not simply making a new coin, they are bringing in a lot of things with them. the latest one being bitcoin gold brought a lot of scammers in. some of which were advertised by the team itself like web wallet they were advertising. additionally there is only a finite number of characters you can use instead of "1" and "3" to make the address different to prevent dumb mistakes like sending to a wrong address. Where shall we keep BTCs to benefit of incoming forks?
a very risky method, better used with smaller amounts: deposit on an exchange like Yobit and be the first one who received these fork coins and dump them when they are still high. Also remember, if you cash out your BCH say, NOW, in time the IRS will have tools (they have 7 years) to look at blockchain etc. The IRS could have issues with this in the future. My CPA lady said that if you move it/spend it or whatever in less than 1 year and 1 day...you would pay 40% capital gains, BUT BECAUSE IT WAS MONEY OUT OF THE SKY and you messed with it, they could treat it like MINING and tax it as income! (The IRS really, really hates $$$ from the sky, thus why mining is screwed as income) LIKELY, the IRS will treat these AIR DROPS, like stock-split gains in value, if you don't touch them in 1 year and 1 day and do regular capital gains after that fact, you'd likely be fine.... So myself, I'm not touching the stuff, it can still sit on my BTC address, like mushrooms, my BCH and BTG and BTD can all just co-mingle... not worth the hassle/risk/etc of reporting as income, in my case, if you don't have a lot of BTC on your snapshot, yeah sell the forked coins ASAP. But be aware, you will be taxed for them, at the very least. (good old USA and you are assumed to self-report correctly, or you will be screwed) but again, likely, if you just leave them alone and don't sell, no issues....thus my bet |
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LOL> not sure why my thread shows it was made in MAY 2017, when I made it like Dec 2nd 2017...but I guess this is why, no one has posted!! lol! On a side note: Much churn and confusion in the crypto and BTC world. Stuff moves fast, some of the FUD'ster's may have to eat their words here soon! https://bitcointalk.org/index.php?topic=2510862.0;topicseenThat is the question, however, is this crypto and BTC, and the mad rush up in price...due to 'quick money" only? I mean really, price of BTC is approaching 12k and in January 2017, this year the price was $1,000 bucks) So, is BTC and crypto a 'store of value'? The banker types are grappling with this as we speak. (I will pay for a video if they come to blows in the boardroom!) |
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I messed up royally, on a $2,535 USD BTC order. I paid 2c fee. It went thru in 1 hour! Go figure! I also messed up one other time this year also, again around a $2,500.00 USD item, was a 8c fee, that one took like 1 week to clear...(with the BCH fork, they reset my web hot wallet,to like 2011 fee or some such, FYI) If your fee is TOO low, if you can't accelerate it or fix..you just have to wait, from what I understand Google for the latest BTC accelerator, the one I used, now has 'warped' into one ONLY for Bitcoin Cash (BCH) version good luck brad edit: post above mine has a better link to a thread on accelerators. FYI. Hope it helps! https://bitcointalk.org/index.php?topic=2510862.0;topicseen |
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Where shall we keep BTCs to benefit of incoming forks?
Well, I hope the IRS is not keeping track of these 'supposed' paper profits, from forks on BTC and then say at the end of the year... *scam fork #127 hit your BTC wallet as a snapshot on dec 22nd 2017 at a price of $8.93.....being money from the air (like mining) you need to pay this as income tax, as such* talk about a way to muck up my life, how would you even keep track, of every tom, dick, harry ....fork falling from the sky, snapshotting off BTC? That would put a crimper on things. (The IRS really does not like $$$ falling from the sky, even if imaginary....they find it annoying (like crypto mining) and make you pay! |
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Well we already have Bitcoin (BTC) Bitcoin Cash (BCH) Bitcoin Gold (BTG) Bitcoin Diamond (BCD) Another 4 are below:  Feel free to add to this thread any other dubious forks, coming down the pike. Don't think any will go anyplace, but the closest thing to a crypto train wreck on their attempts, that I'm gonna witness, real-time, on bitcointalk! Again, feel free to add any more you trip over on this thread consider also taking the poll |
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Apple may have ate some of this lunch for crypto with release of Apple pay upgrade...maybe its junk...just saw it hit my
apple O/S update
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My strategy has always been simple - keep calm and hodl.  I have good friends, I am fairly certain, are at this moment, renting a white windowless van, gonna snatch me off the street and drag me to an 'intervention' with the theme of "What the f*ck do you are doing, its a bubble, a bubble I tell you, it is gonna go TULIPS, we are going to beat you with this $5 wrench until you release your private keys and we can save you from yourself!!!! bless their hearts....but I figure, the intervention part is true...and I'm gonna catch hell for my HODL mentality.....sometime in the near future....you are invited to a party......blamo....sh*t they will probably invite my family, my financial advisor, and my lawyer and my CPA! Hell, they may get my Banker to stop by! Sh*t, this will be the BTC version of The Exorcist! Crap!... this is gonna suck....I figure the breaking point will be a SOLID floor of 12k per BTC.  I'm frigging doomed......FML |
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Anyone with November batches of L3+ or D3 getting better-than-advertised results?
My L3+ still hashes at 504MH or slightly less pool-side but the wattage is down as is the heat. Powered by a Seasonic 1200w Platinum PSU, my Watt meter is saying about 715w. Advertised as 800W before PSU inefficiencies. Packaging insert said to expect about 1000W at the wall. The miner runs cool enough to quiet the fans down to 23% and still keep everything under 60°C. The L3+ is located in my finished basement which is carpeted and gas furnace heated like the rest of the house.
My D3 is a slightly different story. Runs hot as hell, 75-80° at stock fans speeds though total consumption at the wall is 1024W when powered by a APW3++ Bitmain PSU. Advertised as 1200W before PSU inefficiencies.
Was Bitmain padding the numbers to be safe or were the November batches tuned better than early releases? Or could it be that the wall voltage tends to run a little hot in this house? Multi-meter reads about 125.5v. I plan to use a dryer outlet for mining which reads 255v. Is that TOO high?
Mine probably WOULD run hot but in a cool data hall....so that is not an issue..the fact they are using 1200 watts each is an issue...neither overclocked...this is at the wall at 220 volts. This is a batch 2 Bitmain D3 unit (2.6k) running at 16gh stable. (should be 17.5gh). It took a lot to get it to run stable with no errors at that. The 2nd Bitmain D3 unit. (1.5k). This does run at about 19.2gh thou with no errors. (Dubious equipment, not my brightest move) I also can't believe that folk bought out the Bitmain L3+ units selling in 2 batches in March 2018. That do not have to be shipped until April 10th 2018. I mean really? You really think Bitmain is going to STOP PRODUCTION for 4 months? Not me. I think they are gonna kick out toasters at the same rate, (say about 200,000 total) and fill their data halls they plan to get out of China to the USA. (That is prudent, I suppose, with China playing games with Bitcoin and the push to raise electric rates where their miners are now) But wow! Jihan Wu must be a dancing with all that BCH that is coming in for that equipment ..he can pump and then dump to BTC! (again, IMHO) Games within Games! Link to Bitmain store..empty, empty... https://shop.bitmain.com/main.htm?lang=enThe continuous, supervillain deeds Bitmain is able to accomplish as time goes by...is truly impressive.......I don't like it...but it is damn hard to not be impressed by Jihan Wu's 'mad dr. evil' skills. Bruahahaahahha......  Damn it! Where the frack is Batman?  |
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Yeah, hard for me to be completely calm on a price correction of say 30% down. I mean it has been a rise from 1K btc in Jan 2017 to $11,137.93 as I type this. BTC has gone up 11x w/o adding BCH and BTG ..as an aside, too boot! As someone, who started mining crypto in 2013, well, the acceleration can give one doubts, don't ya know  edit: Someone would have told me this price in Jan 2017, I would have 'slug'd them' for messing with my head. |
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Below is a link to another more cautious view then this thread https://www.reddit.com/r/Bitcoin/comments/7gi55s/dont_invest_recklessly/Using his viewpoint on what I'm doing below....I'm still OK under his scenario above. However, you can see where some of us oldsters are coming from, looking at BTC prices from 1K in Jan 2017 to 11k now. It is all quite exciting. But freaks us all out in one manner or another. Anyway, his view above. Feel free to post contrary views etc, this is just as supposition this thread. Again, my only real point I'm sticking to, is IF you are gonna HODL do so long-term, and avoid the FUD etc that may come in the future and indeed a correction in price. As long as crypto and BTC have adoption and use, and survive, all shall pass if you HODL, in my view. But like the link says above, be sure of how much you are getting into is not TOO MUCH to handle if things go pear-shaped... As to myself why holding below, even under the above link's view, makes sense to me. Well, all the crypto I have BTC/etc I MINED...thus all equip paid/elec month to month off crypto...I have NOTHING in crypto, but the infrastructure (miners) and what I'm holding beyond month to month mining expenses..after that it is all clean profit after the IRS gets its take as income this year and next. thus, he is correct, but I choose to do this 1) Because I have the crypto and BTC hoard and I owe no debt anything or otherwise, I have no debt anymore/equip has ROI'd etc..it is all profit..the works for me and so HODL makes sense to me. I'm also not trading or buying crypto at these prices...too chicken.... 2) I'm retiring, at the end of this month, So Jan 1st 2018, no more wage slave, which I can do w/o touching any crypto (even if it goes tulips) at the 'modest lifestyle' I have now..but with BTC and Crypto as a Backstop it has made me brave enough to pull the trigger (ie I don't think it is going to go tulips). Some crypto will go to pay health insurance till Medicaid in 2 years, and soc sec retirement, which I will not take for 3 years, and so no soc sec needed/no crypto needed..same lifestyle..but again crypto hoard was the last straw and HODL that made me brave enough to pull the trigger on retirement at 62 years.....I'm covered even if the works goes tulips. (I have a better shot at being Natalie Portman's Love Puppet, before crypto and BTC goes tulips, IMHO, but still...er wait.now conflicted on tulips...I could have a shot...damn!..got myself confused) So we will have corrections/etc, hopefully, my scenario fits a 'prudent' example of how to HODL. BTC goes to 1,000 USD, I'm no worse off than Jan 2017! Thus my bet/thus my risks. edit: another article on a much more positive note about the long term prospects of BTC and crypto! https://www.finder.com.au/will-the-bitcoin-bubble-burst |
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I always wondered if I went back in time and bought 1,000,000 coins, what would happen and how it would change. Maybe btc would just fail altogether.
Do not f*ck with the past, it's working out perfectly ... well for the majority of us at least. Just continue doing whatever it is that you do.  What if someone is already living it over and over again perfecting the rise of bitcoin. Hmmm this time lets try a fork called BCH, oo and make RV turn evil. Good *rubs hands* I believe Jihan Wu of Bitmain has such a machine......it all fits the facts of bitmain's rise to power and BCH games. (shudder) |
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This thread is FUD.
How so? Don't you think there will be eventual consequences of an eventual downturn? True, that is my assumption. (fear..shudder) I suppose I could see your point of view if BTC, goes to say 24K and then corrected to say 18k in 2018...then the newbies would stick. But, from some oldster's point of view, 2013 onward in my case, I've seen BTC go from close to $1,200.00 to $290 was it? or some such within 4 months. Heck BTC last fall when I bought LISK on the ICO (a wise move for me by the by) the price was $475 a BTC...and as I type this BTC is $11,127.14, heady stuff! Thus, I hope you are completely correct and this thread is FUD. It is a 'what if' thread. If you HODL long term, it will all even out in the 'wash' IMHO, on my scenario or your scenario (the thread is FUD) anyway, again in my view. Thus, the solution is HODL like hell, even if you are a newbie and we have a correction, hopefully, new folk are more 'centered on crypto' and I have nothing to worry about ...and you are correct then ..this thread is FUD. But not FUD, IMHO, as long as you look at crypto as a long-term investment and HODL, or that is my bet (since 2013) Again, you have a valid point, but some of us 'oldsters' (not all, some) have more than a bit of 'scar tissue' I do hope you are correct and any supposition, by myself, on this thread is dead wrong, it will make everyone's holding on to their BTC and crypto a LOT easier as time goes by. But anyway, HODL is my fall back position (or cheap coin) if this thread is correct. Your view or my view, again, IMHO, it will all work out to the same price more or less in 5 years anyway. Just saying. I too think it would be great to be wrong on this thread. Just playing the usual 'what if' and 'how to cope' and 'what to do' long term games. later brad |
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