This thread is so silent compared to 2013
Increase isn't as dramatic and plenty of people here have sat through the 2013 disaster. Times have changed, perhaps for the better. This exponential rise isn't good long term, but short term I like the trend. Most of the people from 2013 predicting double digit coins are missing, and the next wave of newcomers hasn't started yet. After a mega ATH they will eventually discover bitcointalk, then discover this thread a month or two later. Our voices will be lost in the noise of newbies by then. I still know a few guys back from 2013 still here, although they post a lot else frequently than before; I only joined the train in late 2014. I plan on staying for a while longer, the more newbies, the more FUD and misguided investors as well as misinformation. |
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Why is nobody panicking here yet?  Is this the real crash then? The one you dont expect? We weeded out the weak hands last time around. Now it's mostly just the real traders and HODLers left  We are still up this week, so there isn't much to worry about. Even if we go in the red a correction was somewhat expected. |
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The big thing here is that there will essentially be 42 million bitcoins during the split, which could bring price down dramatically on both chains. Just this alone could have a big impact on pricing after one chain gets the consensus, one reason why I'd like for BTC to get to a higher price point now to somewhat cushion the blow. Alts are not a particularly reliable store of value like BTC but I'd assume many people will pour their money into alts and come back once price stabilizes again.
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The aorus board has no onboard wifi correct? that was one factor that drew me to the asus MB, the aorus board matches much better though and is a little cheaper Sorry for the noob questions, just want to order the right things, once I'm worried 750w will not be sufficient for heavy duty gaming and mining without constantly changing settings? What are your thoughts? I would like to optimize the cards for gaming & mining so that I can simply shut off game, open mining software and be done I like the white case, is the consensus that the mid tower cube case would be better for airflow/cooling and still fit the 2x 1080 TI effectively You won't go over 750 with today's efficiency, and going for a higher wattage PSU is an unnecessary cost. Cube case is better due to the deisng but it's up to you. 1080 tis are workhorses and they run just fine in about any setting. Just make sure to get good fans and install them in the correct places. |
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This thread is so silent compared to 2013
Increase isn't as dramatic and plenty of people here have sat through the 2013 disaster. Times have changed, perhaps for the better. This exponential rise isn't good long term, but short term I like the trend. |
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I woke up this morning to see price almost hitting 2900 on Finex. Since we've cleared out the recent ATH I think we can safely say this isn't a double top and after a little more sideways motion we will continue to rally upwards like last time. If only the price would hold like this through SW on August 1.... I don't see whales cashing out like last time so soon. Maybe when we get to 3500?
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Sure hope this isn't going to be a double top or I will be pretty disappointed. On the other hand, if we do break through, 3000 is just around the corner- slow and steady wins the race after all, guess we'll have to wait some more.
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[...]
forward-looking to a time where a satoshi's worth close to 1/10 or 1/100 USD cent [...]
Dunno about forward-looking: a satoshi is already worth 1/40 of a USD cent, thus is already worth between 1/10 or 1/100 USD cent. Yeah, who knows, in future bitcoin price may reach 1$ for a satoshi. We need a heavy adoption on bitcoin to see the value in the preev or any chart. If we hold the bitcoin itself continuously, fees for mining will increase. I hope people will invest on bitcoin related services and business. Then fees will also reduced. Then can get the cen percent benefit of seeing satoshi= 1USD. That's incredibly unlikely unless we somehow get some government heavily investing in bitcoin or some country changing its official currency to Bitcoin. Both are unlikely and will likely only occur in the far future where mining no longer yields block rewards, but instead tx fees. That's all I can really think of, it'll take some pretty dramatic change to get there. |
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And dat hashrate! Go!
Bad for my tiny farm  I'm stuck in the middle of alts or Bitcoin, I can't find any decently priced cards that can be bought with Bitcoin and my S7s are quickly becoming obsolete. S9 is way too loud. The current growth we are seeing is what we should be getting, if we continue this trend and a correction or two on the way we will be near 3500 on August. No guarantees though. |
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Apparently bitmainwarranty is going to be merging with myrig or something like that based off of the myrig guy's posts. It's an interesting service they offer, I'd look into their physical hosting once they get miners back into their marketplace.
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Since it has been mentioned here a few times already:
Do you guys honestly think, that the SONM guys can pull off what they promise? Skimming through the whitepaper and the thread makes it look like they want to make true pretty much everything you can ever dream of. They have some huuuuge shoes to fill and I am not sure how much funds can actually help them with that.
The sad part is, that even if the project is too eager and has too high goals, investing in the ICO may still make you a nice profit, once it hits the exchanges. So, yeah, I guess SONM is not a bad investment. But not for the right reasons.
Profit is what most people are looking for nowadays, and there's more and more uninformed people buying heavily into these random coins. As long as it seems to have something new, the ICO gets instantly bought up. SONM guys do indeed have a lot of work to do, but given time and enough room I think they can do it. |
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Claiming there is development in "Monero" is an oxymoron. For the longest time it's just a clone of DuckNote and wasn't pumped until people claimed it was added to Darknet Markets (where it never attained much, if any, volume or actual usage on there).
The anonymity coins are way over-valued until there is another breakthrough to support their price.
People just need a reason to pump and get hype up. Even if a coin offers something simple but new like a built-in photo taker, people will find a reason to pump it. It's sad but true as we now see ICOs selling out in seconds and coins getting false hype. |
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holy carp, i admit i saw this coming but wow did7 they get alot of noobs and that sux Panda isn't a scam but they were backed by a flimsy ass miner for review (btw where is that review?) (bitwawnmn) this guy isnt a hands on miner, to put anything over 100 watts (imo) on 6 pins is just asking for trouble, anyone who bought those should hopefully have insurance :/ Sadly, being where Panda is, very little consumer protection would apply to most countries Hope you guys the best, jesus guys do some math and build yourselves... I run around 800 watts through three pci connectors on an S7 that runs at around 3 THS. While it's not ideal, if you do monitor your miner a lot and have it isolated in case of a short or melting pci connectors like the panda miner, it'll be fine. Big reason why a lot of guys hire other people to care for miners. Also make sure you are getting good AWG connectors and a good PSU or failure is guaranteed. |
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Only .5A a port is pretty bad, to my experience I have run these miners just fine on 3.0 hubs. They cost a little more than 2.0 hubs but they're necessary for real OCing. As for the brand, ORICO is a decently good manufacturer of hubs. Never had issues with them, just always make sure to check amps per port. |
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So I just have a entire night mining with my 2pac BM1384, it works great. I would like to ask, Iīm running it at 260mhz (havn't measured the voltage, but is as low as it can be) The stick is pluged into my Notebook USB Port, does that means that my notebook usb port can deliver around 2A? Isn't that too much for a non powered USB Hub? Another question is, what's the ideal temperature of it? I'm measuring around 50š Celcius(at the dissipator) with my home made Computer Fan What about HW errors? Likely you are getting a lot of hw errors and bad shares due to that. Ideal temps is anything below 90 Celsius imo, any air over the miner is good below 300 mhz. USB 3 is only capable of .9A on laptops so I am betting that the miner is not truly running as it should at 260mhz. |
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In the meantime, OKCoin assumes the lead on the price, $100+ above bullstamp and almost $200 above the average.
Yep, Chinese bringing with them bullish movements. Good for us, we've been waiting for this for a while. The fact that OKCoin is allowing withdrawals at all is good news, better than none at all. Once they open the floodgates I expect more people buying and another price rise. Interesting times ahead. |
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Yep. They're available for cheaper in the US but I assume you're from the UK judging by the eBay link. Mine looks a bit different but the manufacturer makes different BB models for the PSU. |
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DPS-800 with breakout board and pci connectors. Two for each miner, one on each blade. Assuming you aren't overclocking it runs fine and very quietly, one of the few server PSUs making little noise. I saw one on eBay for around 35 each with the Bb and connectors preinstalled, and the seller had a couple left. It may still be there, they run well even on my 2 blade S7.
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$2300 2 hours ago and now $2307 and from the looks of it market is in a positive mood moving up.
As per bitstamp today's high is $2334 and I am expecting prices to break $3500 before end of this week. At the same time I am also afraid of prices may get struck with some ranges between $2100 to $2350 levels too. Because when market is looking for some strong support to break upper resistance levels, it may remain range bounded for some times. But we are having stable prices right now which must be very good in some sense when recovering from steep down fall. $3500 before the end of this week? I find it a bit excessive. I want to think that you actually meant $2500, it isn't? I also would like a more stable bitcoin price for a long time to give us a break after so much shocking situations that brought us the month of May. But if volatility returns, I expect it to be on the upside to leave the $1000's range far behind, once and for all. Who know, everything is possible but well , $3500, I agree, is quite high for a week increase for bitcoin. Anyway I believe Bitcoin can break $3500 barrier but give it a month or two. There is not much of hype to affect bitcoin price right now. Unless some big company join in bitcoin economy, the uptrend climb of bitcoin price will quite slow. Or whales start to pump it the way they have been pumping the alts. I'd like a return to natural growth, but I'll take anything I can get. Any action is good, but I'm sure most people here are just fine with sideways for a while as long as price is stable. The uptrend is not slow for sure, we've seen what those whales can do nowadays. They can practically take us to the moon and back. |
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I'm stilly very much concerned about providing power to the eventual number of units from the limited number of outlets I have access too.
Thanks for the advice!
You should be very worried about that LOL. quantity of outlets is for the most part irrelevant. What is important is the # of circuits and the wire size and breaker size protecting those circuits. Sounds honestly like you have 1 x 15A circuit in the garage. Which basically means you will max you capacity in terms of amps drawn by 1 x S7 (with a couple hundreds watts headroom). Don't discount the heat, a room with no airflow will heat up FAST even with just one miner LOL. This. Mining in my garage, I first opened my windows to help ventilate one S5 as it was getting hot as an oven there. Later I stuck a fan behind mosquito netting to get more air in, and my garage is a comfy 90-100 degrees most days. In the winter it's a nice and toasty place to be, minus noise that will drive you crazy. I remember opening the door once during a snowstorm and it melted most of the snow in front of my driveway, unfortunately it got a little humid and some things got rusty. |
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