I am confused you said it works on Win7 but not Win10 or do you mean other way around. If you want 30mhs with your RX 580 8gb you need to make sure you did the bios mod with the memory straps.

Then you need to install AMD drivers 16 or 17. After they are installed you use Robinhood drivers in device manager update driver option. Then when windows boots you will get that error and that is when you need the pixel patcher and it should work after that.

Make sure your clocks are correct, memory needs to be at least >1900mhz or higher. Core clock like 1100 or so. And you should get at least >25mhs.

DDR2? I had a few rigs that used memory that old before. What I learnt was this. If your GPU actually posts then all is well and you will have pretty much the same speeds as any newer motherboard, cpu, memory, etc.

I had some GPUs that for some reason wouldn’t post on boot up and no matter what I did they wouldn’t work with that rig. Generally the older the GPU the higher chance it would work. The newer the lower chance it would work. However since yours is actually starting then it’s not a RAM speed issue.

Like the above poster said, you probably got an LHR GPU and it’s speed is capped. That’s why you only earned this much. Or could be variance due to luck or stales. See how much you will make the day after.

Anyone here mining on that pool where Bitfinex used a $24 Million dollar transaction fee?

https://etherscan.io/block/13307440

From what I understand this has something to do with Defi and how there were some changes after EIP1559. I really don't think this was some money laundering attempt where someone basically uses a high fee and then pretends to give it to a miner and instead just mines it themselves.

Seems this was the only transaction that resulted in such a high fee. Very surprised that they allowed a gas limit of over 30,000,000. You would think there would be some type of guard against this type of issues from happening. Either way, i dont think Bitfinex will be insolvent due to this since they make tons of transaction fees alone.

Hashrate will always go up when price is flat or going upwards. Even if price goes down the hashrate can still stay the same or go up. Look at Bitcoin for reference.

If you see all the cycles since the beginning you will learn that even in a bear market the hashrate always recovers. This is due to more people learning about mining and more advanced GPUs and ASICS being developed.

So the hashrate shouldn’t be a surprise. It will always keep going upwards.

I don't think you understand how Binance which is a crypto exchange works exactly. When you buy or short some coin, you are not buying or selling from Binanace. Binance is only the exchange. You are buying and selling with other customers like yourself thru Binance. They are not trading against you, you are trading against the other customers.

The way you make or lose money is if somebody else is making or losing money. Its zero sum except for the fees which is what binance gets with every trade. For everytrade there is a buyer and a seller. Its an open market. There are some markets which can be very illiquid which might not even have a single bidder, because it means no other traders wants to take that position because they won't make money off it.

I am thinking we might see a repeat of 2013. Where we peaked in April and had a low in July and peaked again in November. However unlike 2013 where we broke the 2013 ATH of $250 and went to like $1000, it won't be that magnitude. We might break $64K however we won't quadruple in value to something like $250K. I think we might go somewhere between $74-99K or so. I think $100K, as much as I would want it to break, I don't think it will happen this cycle.

Right now its bearish beause of the Evergrande news last week and the recent China news on Friday. However its also correlated with stocks which usually have a bad month in September. So I can see September being a neutral month. If you look at the charts you can see that September usually was pretty flat for the most part. I think what will really spark a rally will be some Fortune500 company which says they put bitcoin on their balance sheet during their earnings call.

If it goes POS, there is going to be millions of idle GPUs out there which will be scrambling to mine any decent coin at all. The difficulty will skyrocket and only those with near free power will be able to mine it, most retail people won't be able too. It will be game over. You can't mine coins like Litecoin or Bitcoin with GPUs anymore.

Yes you can sell it but depending on how much you pay now, and what new models come out in the future its hard to say how much you will get for it. Gamers which buy our GPUs are smart. If they find out that ETH is POS, they know they can score a deal and you lowball the hell out of miners. And some miners might cave and sell their GPUs for like 50% off their buying price, which can be >$500 in some situations.

Regarding the warranty.

There are some companies, Sapphire for one, where you need to be the original owner to get any warranty what so ever. They ask for proof of purchase and it needs to be purchased by you, so even if you get bill of sale from the scalper, it might not help you on the warranty concerns.

A few years back, for Sapphire you had to mail it somewhere overseas. No idea if they got a USA address these days. But I remember the shipping with tracking was extremely expensive and extremely slow. So it wasn't worth sending it in for RMA if it had minor issues such as bad fans. You would only use the warranty if the card was dead and unfixable.

Go to whattomine.com and put in your hashrate and electrical price and see what is out there. Generally all SHA256 coins generate the same income more or less. There is no such thing as a hidden/secret coin which can generate double the profit from mining BTC directly. When it has an exchange listing and a market, miners use sites like Whattomine to find out what is most profitable. Then why there is no advantage in switching back and forth between the coins.

Like the above poster said, you can mine any altcoin as long as it uses the same SHA256 algo such as Bitcoin Cash. You can't mine coins like ETH with it. The ASIC is specific to one algo and you can't change it unlike FGPA or GPUs. Hence this is the one drawback for ASICs. And why they become garage in a few years when a new generation comes out.

There are 2 ways of making money. Proof of work and Proof of Stake. Masternodes is similar to Proof of Stake. The upcoming ETH updates will also transition to POS.

What proof of stake means is you need to own the coin to be able to stake it, there is a minimum like 32 ETH or >$160K worth of Dash as you have seen. You can't spend these coins you need to put them up for staking to earn more coins.

Proof of work is mining. You don't need to own the coin to mine the coin. However you need hardware like ASICs or GPUs and you will also need to pay for electricity to power those GPUs. And you join a pool and your portion is generated when the pool finds a block either by you or someone else in the pool. The entry point is much cheaper for POW than POS.

The news still has an effect on price however not as bad as the prior times when China decided to crack down on crypto. I still remember back in early 2014 when they banned it and combined with MtGox bankruptcy it had a major effect on price. What happened today is pretty minor.

Just like they banned crypto mining a few months back. Eventually the market absorbed this news and forgot about it. The hashrate is back and everything. And with this news it will be the same more or less. This FUD and there are people who are selling their crypto for the cheap due to this news.

One issue with this LHR that is happening is that they are not clear which GPUs are LHR and which are not. This is creating a big problem for miners and the stores selling them. In my country, you are allowed to do a return, even if you open the product and use it. As long as its within a week or two you can return it for a refund.

I can see many miners buying these GPUs, opening them up, and then discovering they are LHR and putting them back in the box and returning them. The seal will be broken and they will have a harder time selling the GPUs.

Don't see why they couldn't of put a label on all the boxes or some type of different model # where you can tell which is LHR or not.

I had this same dilemma back in Spring 2016. Was debating getting more GPUs or not because "ETH POS is coming Summer 2016". And guess what, 5 years later and still no POS. One thing you need to learn about the ETH dev team is they never meet their deadlines. Look at how many times they had to postpone something. Will it come in Jan 2022? Possibly, however given how important this update is and the way they always run into some issues and cause a delay won't surprise me.

So if you want to get the GPUs get them. However you bigger issue is I think getting them at a decent price and the ETH difficulty. Difficulty keeps creeping up with all the shortages everywhere and there are fast ETH ASICs which are still being produced at the moment. Its hard to tell what the difficulty will be in Jan 2022. So in my opinion this is a bigger issue than its going POS which is going to be delayed probably.

Reason for the tether fud is that guy on Twitter who keeps posting conspiracy theories regarding tether. He has a large following and most believe his facts and his theories keep spreading and creating all this fud. I heard that he even was sued in the past because of this.

He most likely started this Evergrande commercial paper theory and another fud of tether fud started first on Twitter, then Reddit and now this forum. Tether fud has been going on for years and not going away anytime soon.

The issue with exit strategies is that when they become true most traders don’t take them.

When Bitcoin was at $28K many people wished it would go back to $50K so they could sell. That was their exit strategy, and most likely when it went to $50k most people assumed it would go to $100k and they would sell then. And look what happened.

Same with people who are like “Bitcoin at $64k is expensive, I wish I could buy at $30K” and when it was at $30K nobody bought because they wanted to buy at $20K instead.

They are old GPUs but those generations are well built compared to most newer GPUs. The biggest issue would be maybe the fans fail pretty soon. However most of those old GPUs are pretty robust and he won’t get much issues.

Yeah they are old but he said “cheap” there is really nothing else out there which isn’t a rip off at the moment. Something like a Fiji, fury, Nano, r9 390 are overpriced. Check the eBay prices on those. The Tahiti’s you can still get at a decent price these days.

When you say you don’t have any wallet.dat I am assuming you don’t have a wallet for ETH correct? Just the seed?
If so you really should use MyEtherWallet and put one on an online computer and another on an offline computer.

You put your seed in the offline computer and it will generate all your addresses, then with the address which has ETH use the offline tool from MEW website and make an unsigned offline transaction, then put those details such as nonce, gas fee, etc into the offline computer which will sign it. Then take that signed transaction and put it on the online computer and send it where you want.

This way your funds won’t get stolen if you got a virus somewhere.

With most coin wallets you can always CPU solo mine but you can’t do it with Bitcoin core because the developers removed that option years and years ago when people have long stopped CPU or GPU mining with the Bitcoin core wallet. So this is why it doesn’t work. Try another alt coin and it might have that solo mining feature still included.

But read what everybody wrote here. CPU mining Bitcoin was what you did back in 2009-2010 and then in 2011 you could GPU mine and then in 2012 you could only using ASICS and wasn’t worth the effort anymore. It’s a waste of energy you won’t find any blocks.

Tether already said last week that they hold no commercial paper from Evergrande.
If they did hold some paper they would either keep quiet or disclose it. However I am pretty sure they don’t hold any. And even if they did, it will be a small portion and not like 25% of their reserves.

Same with what the Fed reserve said. Most of the US companies don’t have that much direct exposure to Evergrande even if they did default. So most likely it won’t affect Bitcoin or USA stock market. I think people just watch too much “the big short” and think that another crisis will happen over this.

The price changes are bad. If it was like most stocks which maybe have a max swing of 5% a year. Then it wouldn’t be the end of the world however the people there are already living in poverty so them losing 10% in a week is unacceptable.

I think eventually people will be able to keep USDT or USDC which is much more stable than their currency and people will be happy. Right now most people are happy because the got the air drop for free. However when it’s time to actually work and get paid BTC most people will not opt for that option unless they can hedge in some way.