Howdy Marco/Bitcoin boy.
I am missing 14 unpaid posts from today's payout if the limit has not been lifted. Over 30 posts if the limit has been lifted. Regards.
UID: 265048
The limit is lifted after a member's payout. I'll take a look into the 14 posts.  I have received a payout since then and reached the limit again, it does not look like just receiving a payout lifted the limit, could it be possible to look into this, or perhaps manually removing the limit from my account? Also i hope you find out why the bot shorted some more messages like it used to. Its about the same % of message missing as back then. -Regards |
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I am very happy, finally today I have 1 BTC after several months collecting from the signature campaign and some sports betting  nice congrats. I am already at the half for my new bitcoin. I have to repay a loan at a friend of my so I have to cash it out in a few weeks. So it will take some more time to get a bitcoin for myself. I have a Bitcoin now, wondering how i'm going to reinvest it to get to TWO Bitcoin. And then i'll reinvest it to get to FOUR Bitcoin  Just another typical day in another typical Bitcoiner's life. |
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may be genesis mining still best for now..
seems a bit expensive to me, hashnet has better price and has the s7 available already, so better maintanance fees If genesis will happen to decrease the prize per ghs like hashnest does i would possibly invest because unlike other cloud mining sites out there they are one used to be in public. They did lower there fee to 0.0012 dollar per gh/s. And Genesis will probably launch X11 cloud-mining. (Discount code is MOON) 0.0012 dollar per GH/s? So 1.2$ per TH/s? Either an outright ponzi or you mean 0.0012 BTC which is close to 30 cents per GH, which is pretty high? You pretty much need to pay no more than 20 cents per GH, or probably less, considering you're probably losing a lot of that GH to huge fees. What is the hosting fee of Genesis Cloud Mining? |
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I bought some USB hub from minerjones, maybe you could grab something great at a good price. At the very least the thing i bought were at great prices and i even got some extra toys, the USB fans for buying sort of a "bulk" of stuff https://bitcointalk.org/index.php?topic=1154383.msg12307990;topicseen#msg12307990If not, that usb hub from amazon might do the trick if the port can handle a couples of watts. |
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If you really want an S5 badly enough your only choice right now is that other thread on here where he is selling 30 S5 for $320 USD each. He's in Ontario probably so shipping will be cheap for you.
I'm not in any hurry. I'm looking for deals and am open to offers. If Skycoin Lab's S5's are v1.91 i could be interested close to that price, but i'm not that interested in buying one for 330$~ total, and the price is not good enough to bother asking yet, but i will probably make an offer sometime soon, see if he can sweeten the pot. Otherwise i might just pick up some deals for S3's. Where do you go about finding those local S3's you're talking about? Just the fact they would be located in Canada would cut the shipping cost in half and may prove of interest. |
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Hey,
New to mining here.
Where do you recommend I start?
"Mining here"? Do you have any hardware. Are you already mining but just now registering? What are you looking for? Help on what to buy? Software to run? OS to install? What is your budget? What is your electricity cost? If you give us a minimum to work with, either I or someone else will surely give you recommendations. |
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This sound like getting banned for having a bad sig or maybe being in a sig campaign and spamming? Sound a bit harsh.
What did you do OP?
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Oh this isn't a graded project. Told that professor I wanted to set up a mining rig to pay my electric bill and buy me a 6-pack. He said if I can turn it into a project of some sort, it's all fair game.
Seriously though, I think that should be the deal, two S5's set up in such a way as to compare a modified one to a stock one, performance, power usage, noise levels, etc. The amount of web development in there wouldn't necessarily detract anything from the fact that things have been customized and added and research done. In all reality, the attendance/acceptance numbers for the department appear to be down, and I think anything to attract attention to those on the fence or who haven't quite decided exactly where to go (there's about 3,500 of those last time I checked) might decide engineering. Department needs em, "industry" needs 'em. I don't blame em for bribing me to come up with a project to attract people.
I can also completely understand the noob/spam thing. Just not sure when the timer goes down to something reasonable.
I am not sure if its specific to member rank, but your next member rank will be at 30 activity "Jr Member". So basically after 6 weeks since the potential activity is +14 per 2 weeks i believe. - Sound good, if you "marketize" your project into showing how you can "earn more money" even though its specific to Bitcoin earning, you could get more attract to the project and also raise the awareness of Bitcoin. Sound great to me, 2 bird one stone. Or 3 bird if you count your personal gain in the story. The easiest way to do this would be to get 2 1.91v S5 which may be an hassle, and then the easiest way to downvolt one would be to use a 11v or 10v PSU, since using a step down is more work... but could be cool if you use more engineering-y hardware. Maybe slap some external sensors with LEDs for the cool factor among today's kids or something. And hopefully your stuff won't be stolen/sabotaged. |
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That's a very valid and epic point. Get a couple S5's and see if I can make one notably more efficient, seeing as how saving energy and green power is a big issue around here.
That bloody 360 second timer is annoying. Server, I'm trying to have a conversation here, and not on the Sprint network!
Oh yeah, sorry, anti newbie spam features xD I'm not sure exactly how to go about feeding the data to a Pi and then displaying it on a monitor, but basically if you could feed it two set of data from two concurrent S5, one that run undervolted and one that run stock and use hardware which more enter the realm of "Engineering" and less "Web development" then you could have something of interest. Another idea would be to change the fan, showing the difference in noise, cooling, anything. There's also 3D printed mods for it that could be interesting to at least look into. There's a lot of things you could do, just gotta see what's the most proper thing to get a good grade since i'm assuming it would be. But if not, just whatever fit best your engineering stuff curriculum. |
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It's an S3, and I think this is one of those S1's converted into 3. Very different looking board, like a dual-board stacked configuration. One says "S3_CtrlBoard_Power_V1.1" and the networking board says just "Bitmaintech V1.2" and a 2013 date stamp. Yeah, China's kicking America's ass in everything except ... well ... censorship. Same with the north in terms of mining. I live in a state where from October to May it's less than 10C outside, and I can just camp a miner next to my window and keep the place heated. Worked during our quick cold spell last week. I'm not looking to rake in a sh*tload here, just want to pay the power bill and buy a 6-pack while pumping the blockchain.
Missed your edit: is that 1.91 something to be avoided on the S5's?
Alight, basically, i just meant if you think about getting an S5 for undervolting, make sure its a v1.91 but basically as you might have read on the thread, its a bit of a pain since you need to feed it lower Voltage with a downstep or a adjustable PSU. If you set up a miner with downsteps and stuff to raise efficiency you could also add efficiency comparison. Could make for a cool electrical project. Just not sure how much in board electronics you are but if getting some buck converter from amazon fit in your curriculum then this could be a cool project for you. |
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Hmmmmm, just another monster block!?!
Heh it's still under 200% ... monster would be over 400% IMO  But even 400%+ is expected to happen almost once every 50 blocks. 300%+ is expected about once every 20 blocks. 200%+ is expected about once every 7 blocks. A CDF table of single blocks (fraction of blocks expected to be lower than the given %) 0.86466471676339 200.00%
0.95021293163214 300.00%
0.98168436111127 400.00%
0.99326205300091 500.00%
0.99752124782333 600.00%
0.99908811803445 700.00%
0.99966453737210 800.00%
0.99987659019591 900.00%
... and remember those current statistics on the block page, for 50 blocks with 106.81% luck, and 100 blocks with 113.35% luck, include that 666.666% block And exactly 666.66666% Block is expected to happen once every how many time? Not more than once per Apocalypse i'm sure. ^_^" |
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Check the top right of your S5 PCB(edit: if you get one*) and tell me if its 1.91v.
I would say 0.075 is fairly expensive, its not because you used to have 0.15 that 0.075 is good for mining, sadly, it depend on your competition's electricity price.
Basically you're competing with people that get electricity at 0.02-0.04. A ton of the hashrate is in China and a lot of the rest is hosted in the north regions with free cooling. But if you ever run a miner at home you can have that fan thing turn off to not take electricity, since the heat generated from the miner would cut on your heating bill.
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I think bitcoin will see a large increase in value after the halving, the mining industry creates inflation and a flooding of btc on the open market. After the halving there will be significantly less btc entering the marketplace.
The drop will be from 3600 BTC/day to 1800 BTC/day (on average). I remain baflled though on what drives the price of Bitcoin. Yes, I know about "Supply and Demand", but I have yet to see a coherent explanation of how either supply or demand are measured. I do know that if by some miracle BTC price went to $1000, the supply would increase dramatically, not from new miners, but rather current holders of coins. By the same token, I have no idea what drives the demand for BTC. For me personally, I have zero actual desire for BTC as a currency. Meh people thought the price of LTC would skyrocket or double at the halving, and what happened? Not much, the price is still mostly sticked to the BTC. So when the BTC halving happen, i'm pretty sure anything under the S7 undervolted will get dropped for the average American seller. For me Anything under S5 or S3 undervolted will drop out. |
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That sound good. For mining next to your head, the problem is really just your electricity cost that you laid out. It make any investment at all prohibitive. Even the super efficient USB key or the latest chip would be pretty costly.
In term of noise an underclocked S1 and probably S3 would work, but you would not be making much buck and you'd have to use those time plug thing that will turn it off during peak hour and with my personal experience with watt meters like the kill-a-watt, they just blow up since "they aren't actually designed to work continually" so i'm guessing cheap timer would burn out as well. In truth beside a super underclocked S3 or underclocked S5 i don't think there are options for you.
I'm sure you could find something more industrial but iirc your base 0.075 is still pretty expensive.
However if at any point in the year you need to pay for heating, then we can talk this over, as ASIC make for the perfect heating machine since you would need to pay for generating heat anyways.
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never 1 person can't control hashrate of the bitcoin network ... even chinese farm can't produce 0,5% of the bitcoin network. (1 farm)
bitcoin network is better decentralised than you think ...
That is just not true. The one person that control the hash is the pool operator. For instance the owner of Bitmain own Antpool. 18% The owner of F2Pool, another 18%. Slush 8%, etc. The "one person" thing is subjective, its whoever person that ultimately has ownership or control over the hashrate. If for instance Antpool merged with F2P, they would have plenty of hash power to successfully attack or deny blocks. So i would strongly disagree with "Hash rate is properly decentralized". |
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At least it proves one thing that it needs to consensus of the majority to implement a change. But thinking of it, could it be true because if a miner by a single person who controls most of the hash power, then that is only one vote compared to the majority of people who holds less.
That's prohibited by the electricity/hardware cost, but sure if some super genius made a sure quantum, sub-space computer in his basement that would run SHA256d he would not only be able to overtake the majority but just the fact that existing would destroy bitcoin in itself. If that person was wise as well as genius, then he would just keep his super machine at progressively more hashrate until it reach about 20%~ of the network. Then hopefully would not dump everything |
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Was there some actual scam from Quickseller or it was just that alt Escrow self Escrow thing i noticed?
The only "scam" was self-escrowing and collecting fees for it. He was caught using his DT and alts to farm trust among his own accounts. He was also caught using multiple alt accounts to neg trust single users. (Panthers52, ACCTseller) There is no question that he is untrustworthy. More than anything, though, Quickseller's bullying attitude and sociopathic approach to morality are the red flags.... I believe he was orchestrating a long con, and was simply outed before ever pulling it off. Personally, unless he scammed someone, it shouldn't be that much of a big deal. Just be made clear to everyone who's accounts are who's so people know who they are dealing with. Though it is pretty fishy behavior and warrant getting drop of the DT list for sure. I just don't like to debate morality, especially on the internet, but yes i understand why people would be wary of a long con. |
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Because its not high enough to be turned green. It depend on how much trust you have.
From where does this trust come ? Trust comes from doing actions that cause people to trust you. Most commonly, this is from doing transactions. However, the only trust feedback that will really have an impact on your trustworthiness is from DT members, who are members who are considered trustworthy. ...until those on the Default Trust are outted as scammers like Quickseller and Tomatocage (the former has been removed from DT, the later hasn't). Was there some actual scam from Quickseller or it was just that alt Escrow self Escrow thing i noticed? |
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I can't really comment on the technical stuff.
Conceptually i'd ask, is it possible to change some regulator, resistors and shit to raise the volt of the thingabob that need a certain minimum while undervolting the overall board?
For the S3, check how much you'd get from Ebay and see what it'd cost to mail it to Canada (Probably prohibitive) but if the end price is comparable to stuff here i could be interested. If not i'm sure someone in the US would be.
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One word : Risk
Well its a lot of work. Basically monitoring and maintenance is kind of a 24/7 job. I only have a few miners and thats how it is to me. Of course i just minimize the risk change and if something happen during the night i just eat the loss, but if it was a bigger mining operation i'd need staff and such. Personally i prefer just keeping it private. Even hosting could get risky like you mention it not being private. It is one thing to fry your own gear but another thing to hurt someone elses. It would be horrible to go to people who trusted you and say "Oops it got to hot now half of everything is fried". Sure that is a kinda worst case. But it could happen and I don't think to many insurance companies will want to have a hosting operation under them. I see getting insurance to be kinda hard when they send someone out and see the sheer amount of electricity a commercial center hosting asics would need. Seems like it would be considered high risk with a pretty high premium if they take you as a client. Indeed you would have to use a proper setup, starting your own hosting... service, to not say company is a lot of work as well. But for the end user, finding a trustable service for ASIC's machine should be possible. For instance i know there are a few around where i live, something like 75$/kW/Month. Which is a bit expensive if you think about it considering it is possible to get 0.02/kW electricity here in a big industrial project. I guess the real best way to do this is to run your machines at a friend who wont rip you off on the electricity cost. But then again, you could run 2 S5 for 85$~ per month hosted here which is something like 50% fee/return. Not sure if that's good for some users. Probably but ROI would be at around 1 year which is way too long imo. |
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