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38161  Bitcoin / Mining speculation / Re: Newest Diff thread April 19th to May 1st (Not open for picks until Tues) on: April 20, 2015, 01:54:45 AM
I like the idea of waiting after the first 300 blocks before taking the guesses, without switches.  Simple and more thoughtful than gambling.

That being said, I think the down trend will continue with temperatures warming up and btc price not going up...



Well it saves me a lot of time and far less confusion.  Plus we all get a chance to see some trending

There will be a big rush to get the choice positions.


yeah tues at block 300 there will be a rush, but waiting until block 600 or so could still be smart.
38162  Bitcoin / Mining speculation / Re: Newest Diff thread April 19th to May 1st (Not open for picks until Tues) on: April 20, 2015, 01:50:14 AM
I like the idea of waiting after the first 300 blocks before taking the guesses, without switches.  Simple and more thoughtful than gambling.

That being said, I think the down trend will continue with temperatures warming up and btc price not going up...



Well it saves me a lot of time and far less confusion.  Plus we all get a chance to see some trending


http://btc.blockr.io/charts 

 the april 19th is not up yet should be 144 and will be from both adjustments

the april 20th will be purely this adjustment.
38163  Bitcoin / Hardware / Re: Power supply question 240volt 3phase power vs 1 phase on: April 20, 2015, 01:20:27 AM
Hey Phil,

Long story short, all of your PSUs will not be able to use 3 phase, so you will either give them 2 of the phases and a ground, or 1 phase + 1 neutral + 1 ground.  Always go with 2 phases and a ground as you will need less outlets, wire, etc when using the higher voltage that is from 2 of the phases.  

It sounds like you have a high leg delta system, so I believe one of the legs will be 240, off the top of my head I think the other 2 legs will be 208.  I have never used a delta system, they are older and were for supplying extra volts to start motors.  Your a smart guy, grab a multimeter and you will figure it out quickly (just be careful with live wires).  



that is the plan

Also grab one of those amp meters you can put around each of the phases (to see how many amps are being used).  They will allow you to answer weird questions like say you are using 10 amps on each phase, and you add another 5 amp psu (using say 1200 watts) to 2 of the phases or 1 phase and neutral.  Does that increase each leg by 5 amps, 2.89 amps, or 2.5 amps?  5 minutes of testing and it will all make sense, have fun, 3 phase is good stuff!
  the pdu's have built in amp meters so I will attempt to have each one at 4 

You will want the meter to see what is going on at the level of each phase.  If you are going to push what is available at the location, you will want to see what each of the phases are pulling at the service entrance.  You know, if you have a 100 amp service, make sure you keep it at 80 amps for each phase, that kind of stuff. 

Personally, I have a lot of machines and it would be impossible to see the big picture at the service entrance unless you measure it there.  If you just have a few machines, no need for the meter. 

  He can spare 30 amps of it which = 3 pdu's at 10 amps each as a max.
  my goal is 6 miners using 3 psu's at the 1000 watt level  which should be only 4 or 5 amps a pdu.

 I have 2 x 1200watt plats
 I have 1 x 1600 watt plat
 I have 1 x   750 watt plat
 I have 1 x   650 watt plat
 I have 2 x  1300 watt gold
 I have 1 x    650 watt gold

 I would be able to go 2x it if things are working out well. So it is not a question of have to get pdus or psus

 Just need to be sure what each of the 3 balanced plugs will supply me 208 volts or 240 volts.
38164  Bitcoin / Mining speculation / Re: Really Interesting Things Happening Today. on: April 20, 2015, 01:11:49 AM
Well, diff is 47.6 billion now.
according to: https://alloscomp.com/bitcoin/calculator
Next difficulty retarget occurs at block 354815.0 (eta 10.7 days): 64127512385.0 / +34.7% [est.] ( I know it can't be more than 25% )

And this one;


I don't think people just shifted their miners. Some people are manipulating the network I think...

In what way do you think network is being manipulated?  I think network is so big manipulating it would take a big player.  You could rent miners to shift hash, but it would be expensive long term.

I think biggest factor is price of BTC.  We should see a lot of old gear come offline eventually, such as A1's.

One thing everyone needs to remember is that luck can play a factor in mining.  Should a pool with 160-200 THS get 2 block's in a day? No....  but with luck it is not impossible.

Well we miners actually can manipulate the market without realizing it.
 1)hardly any gear is being sold
 2) as a reaction to price or diff miners with a full understanding of gear will upclock and downclock gear.

An example I am running 1750gh yesterday at f2pool  it was earning 0.0097 btc a th or 0.016975 btc a day

today with diff I jumped my gear to 1950gh  it is earning 0.0101 btc a th or  0.019695 btc a day.

I got a 16 percent rise in btc

 the increase in  electric power used  was  12 percent

the increase in hashpower  was   11 percent.

Normally spending more  electric power then hash power gained is dumb you lose money but the diff dropped enough to  make economic sense to do it.

So take 5000 people like me and  we all will cause hash rate  to jump by  1ph.

  next  adjustment we see diff was too high we all downclock by 1ph.  So little miners as a group are shifting  hashrate by 1 or 2 or 3 ph say 1%

that is the seesaw  that is happening.  of course bigger miners will only do this if it makes money sense but for a little guy this is easy peasy.

38165  Bitcoin / Mining speculation / Re: Newest Diff thread April 19th to May 1st (Not open for picks until Tues) on: April 19, 2015, 11:29:53 PM
there is over clocking and down clocking factors.  I just went from 1750gh  to 1985gh via freq change  that is a 13% uptick. the lower difficulty will offset the power efficiency loss of the overclocking. As my watts per gh went from .57 to .60
38166  Bitcoin / Mining speculation / Re: Newest Diff thread April 19th to May 1st (Not open for picks until Tues) on: April 19, 2015, 08:05:49 PM
I say down, it goes up. I say up, it goes down. I'm going to be more patient this time.

yeah I think if we delay until block 300 we can all get a feel for it.


https://bitcoinwisdom.com/bitcoin/difficulty  is -3.39%

 but it is only 11 blocks in this is based on current and last diff


Bitcoin Difficulty:   47,610,564,513
Estimated Next Difficulty:   45,996,464,248 (-3.39%)
Adjust time:   After 2005 Blocks, About 14.1 days
Hashrate(?):   331,173,351 GH/s
Block Generation Time(?):   
1 block: 10.1 minutes
3 blocks: 30.3 minutes
6 blocks: 1.0 hours
Updated:   16:0 (2.6 minutes ago)




www.bitcoincharts.com is  at -0.05% or 47582393724  this is more of a real world number


Waiting  until tues is a good idea to do picks.


The slight real world of bitcoincharts makes sense to me since all players did better with the diff change.

38167  Bitcoin / Mining speculation / Re: Free Electricity - What should I do? - What would you do? on: April 19, 2015, 07:56:24 PM
I haven't mined in about a year. I now have access to entirely free electricity. Is mining worth my time, from my calculations it seems like it will take about a year or more to pay off any equipment. What would you do?

Always the same story. We re talking here about plugging in your radio. We are talking about much more more. If you try to plug this in, somebody s gonna figure out, I can guarantee you that.
All in all, it s not worth it, go cloud or try some staking.

well 2 s-3's a month  = 16kwatt x 30 or roughly 500 kwatts.

In a large place 500 kwatts could be missed at 10 cent a kwatt it is 50 usd a month

but in a high cost power place say 30 cents it is 150 usd a month.

I figure if his 500 kwatts is out of 20000 kwatts for the whole place no big deal

I figure if his 500 kwatts is out of 5000 kwatts for the whole place he will be found out.
38168  Economy / Economics / Re: Bitcoin Price Watch – What We’re Looking At on: April 19, 2015, 07:44:58 PM
there are those small dump here and there, and small rise, someone is shorting, someone else is testing weak hands, and volatility will become worse if we crash too much , because less marketcap the more instability you get

hard to trade coins.

Sometimes I setup a


0.50 btc at  20 under
1.00 btc at  40 under
1.50 btc at  60 under
2.00 btc at  80 under

so that would be 

0.50 btc at  203 usd
1.00 btc at  183 usd
1.50 btc at  163 usd
2.00 btc at  143 usd

this ties up about
101.50 usd
183.00 usd
244.50 usd
286.00 usd
815.00 usd


At the same exchange I put in 5 btc in sell

0.50 btc at 250
1.00 btc at 275
1.50 btc at 300
2.00 btc at 325

and with 815 usd tied up and 5 btc tied up I go back and look in a month.   it is a method that does not take up much time. but it is short term
38169  Economy / Trading Discussion / Re: What is your trading strategy? on: April 19, 2015, 07:29:15 PM
Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

In gambling you play against the house. Since the house edge is always set in favor of the house, you are ultimately doomed to waste your deposit. In trading, on the contrary, you are essentially playing against other players (traders), even if it is a zero sum game (which it is not)... Do you feel the difference?

Do you know the definition of gambling very simple making a bet at unfavorable odds.  So every trade made is at unfavorable odds if you pay a fee.  That is the definition.

So all trading that is fee based is gambling.

Now if you want to say you know more info and the trade is not fair well thats a different game in itself.

38170  Bitcoin / Pools / Re: [260 TH] PMpool.net. We have a WINNER. 1btc prize PAID! on: April 19, 2015, 07:23:01 PM
hoping to hit this today. I am up to a 7.50th
38171  Bitcoin / Mining speculation / Re: Newest Diff thread April 5 to April 18th on: April 19, 2015, 06:40:49 PM
Well at - 3.71%  we get a carry over.


new thread is here. I am locking it up.

 https://bitcointalk.org/index.php?topic=1031765.0
38172  Bitcoin / Mining speculation / Re: Newest Diff thread April 5 to April 18th on: April 19, 2015, 06:40:18 PM
Well at - 3.71%  we get a carry over.


new thread is here. I am locking it up.

 https://bitcointalk.org/index.php?topic=1031765.0
38173  Bitcoin / Mining speculation / Re: Newest Diff thread April 5 to April 18th on: April 19, 2015, 06:10:03 PM
So with 8 blocks left  and at (-3.39%)


1 armedmilitia   -4.01%  to -4.25%
2 rollover no winner -3.76% to -4.00%
3 rollover no winner -3.51% to -3.75%

4 shapeshift   -3.26% to -3.50%  the leader

5 tss      -3.01% to -3.25%  


3 blocks left and -3.72%

It seems that I will just miss it. Was too close   Wink

yeah it moved a lot  late.  we are in the blank zone.

38174  Bitcoin / Mining speculation / Re: What's more lucrative - mining or high rank signature campaign? on: April 19, 2015, 06:06:59 PM
I was surprised how nice a good signature campaign is.  It is a nice addition to my mining btc.   I like to do both personally. 

I would highly recommend full member and above get in one.  I wish I would have started earlier then I did.  I didn't start till hero, so waited way to long.    I like getting btc for post's I would be doing anyways.  And if you don't like btc I have done a few before for goods (2 different coin companies).  Worked out nice I have 2 pretty nice coins I would have been to cheap to buy.

yeah I have been doing this sig deals for about 1 year.  I may have grabbed a total of 7 coins at it.  Helps a lot during the slow summer months.

Not sure how this is done:
1. Do you get the html code from the site you want to advertize, or you write your own html code, then put it in the "signature" area.
2. How the payout is determined and how will they know where to send bitcoin to?
3. Are they sending to address which is indicated in account settings?
 

The new company has a website that is an exchange to trade coins.

To get paid you join the exchange they give you a btc address and auto track your posts.  they pay 1 time per week.  This is my first week with them.

They provided the signature for me to use.  I am lucky in that I always was a poster 300 was a slow month for me a year before these campaigns ever appeared. So I don't deal with spam accusations because every body knows I post a lot.
38175  Economy / Trading Discussion / Re: What is your trading strategy? on: April 19, 2015, 05:24:06 PM
Trading with fees is gambling by definition.  ONLY THE EXCHANGE IS SURE OF BEING A WINNER.

Actually the best thing is spot mining. But it takes a lot of patience.  There are times you can get rates when renting from reliable sites better then current  payouts.

Right now I am being paid by nicehash at a 0.118 btc a th rate.  and at the same time I am renting from westhash at a 0.101 rate.

That is far better then trading.
38176  Economy / Economics / Re: I read a thread on destroying bitcoins I have a better idea. on: April 19, 2015, 05:19:05 PM
https://bitcointalk.org/index.php?topic=1000565.0;all

I say we all donate 0.001 btc to the genesis block address.

And we all buy 0.019 btc from coinbase or any real exchange of btc.

total cost = 0.02 btc  most is in your pocket  and if anyone should get a 0.001 btc the founder of btc deserves it.

first tx id

https://blockchain.info/tx/4a5e1e4baab89f3a32518a88c31bc87f618f76673e2cc77ab2127b7afdeda33b



first btc addy

https://blockchain.info/address/1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa

this would not cost much and could cause some price boost.


Seems like a pretty cheeky/good idea, but i dont think long term i would work. Bitcoin will shine by itself with time, without needing to do these.

Yeah but what the fuck it is interesting and after I kicked in the token 0.001 btc to satoshi 's genesis block I some how felt a little bit better about myself and BTC in general.  Plus I now have 0.019 extra btc I purchased well 0.018 After the 0.001 I gave away.

If coins go to 300 usd I made a profit.  If the crash and burn I lose under 4.75 usd.

A wise man once told me slow nickels are better then fast dollars.
38177  Bitcoin / Mining support / Re: Summer Mining - Fans/Other summer equipment on: April 19, 2015, 05:15:10 PM
that lowes fan has a good price  139.99

Two of them in the right spot can pull a lot of heat out of the room.

How many miners will you have ?

Yea It was a good price I got two and had 50 off 250, so was a very nice deal for the amount of CFM.

I currently have a little over 10k watts worth of gear.  I planned on going down from winter of 12k watts.  But I didn't go as far down as I thought.  

So now I'm working on getting a nice setup where I can put all in one room.  I have a 100 amp subpanal so have a decent amount of electricity just for miners. Winter was easy and had them separated but I will drain a lot of profit out of it if I used AC to cool them.

Ac is a no go.   what size room will these be in?   20 by 20 with a high ceiling?

I don't have exact dimensions.  It's above a good sized two car garage and work space.   It could park four cars if you wanted to pull them in that far.   Good height on ceiling, they made it very steep which added a lot of room in the second story.   I need to walk to get dimensions it off it's a pretty massive room.

Sounds bigger the 20 by 25 by 10  that is  5000 cubic feet so your two fans can pull  about 15000 cubic feet .  You should be okay as long as  you are 2x fan power over cubic feet.
  What state are you in?
    Ie Texas, Alabama, Arizona , New Mexico all very hot.
  New Jersey, New York not so bad.

I'm in Kansas.  It's the house on the family farm (real crops sadly not a mining farm Smiley ).  But it give me a ton of room and also 200 amps in main breaker, and 100 amps in separate subpanel not connected to main.

It's been a good thing for mining.  But I will be glad to get some rooms back once I get this done and finished on new mining area.     And it's a pretty massive area on it I really need to measure or step it off sometime.   

 Do you have decent power prices?  8 or 9 cents?

I would consider them to be decent, not a super deal.  But it's in the 9 cents by time you tack on all the fees and taxes.

 under 10 cents lets you mine above power and other costs.  thread water is a big part of the game now.  then cash on the upswing.
38178  Bitcoin / Mining support / Re: Summer Mining - Fans/Other summer equipment on: April 19, 2015, 04:52:20 PM
that lowes fan has a good price  139.99

Two of them in the right spot can pull a lot of heat out of the room.

How many miners will you have ?

Yea It was a good price I got two and had 50 off 250, so was a very nice deal for the amount of CFM.

I currently have a little over 10k watts worth of gear.  I planned on going down from winter of 12k watts.  But I didn't go as far down as I thought.  

So now I'm working on getting a nice setup where I can put all in one room.  I have a 100 amp subpanal so have a decent amount of electricity just for miners. Winter was easy and had them separated but I will drain a lot of profit out of it if I used AC to cool them.

Ac is a no go.   what size room will these be in?   20 by 20 with a high ceiling?

I don't have exact dimensions.  It's above a good sized two car garage and work space.   It could park four cars if you wanted to pull them in that far.   Good height on ceiling, they made it very steep which added a lot of room in the second story.   I need to walk to get dimensions it off it's a pretty massive room.

Sounds bigger the 20 by 25 by 10  that is  5000 cubic feet so your two fans can pull  about 15000 cubic feet .  You should be okay as long as  you are 2x fan power over cubic feet.
  What state are you in?
    Ie Texas, Alabama, Arizona , New Mexico all very hot.
  New Jersey, New York not so bad.

I'm in Kansas.  It's the house on the family farm (real crops sadly not a mining farm Smiley ).  But it give me a ton of room and also 200 amps in main breaker, and 100 amps in separate subpanel not connected to main.

It's been a good thing for mining.  But I will be glad to get some rooms back once I get this done and finished on new mining area.     And it's a pretty massive area on it I really need to measure or step it off sometime.   

 Do you have decent power prices?  8 or 9 cents?
38179  Bitcoin / Hardware / Re: Power supply question 240volt 3phase power vs 1 phase on: April 19, 2015, 04:33:29 PM
I believe using 1 of the 3 phases is fine (along with a neutral and a ground), but using 2 of the 3 phases may cause bad things to happen. In a normal 2 phase configuration, the 2 hots are orientated 180 degrees from each other. But if you use 2 phases from a 3 phase line, the orientation is different, being in a 120 degree / 240 degree rotation. This causes the net difference in voltage between the 2 phases to be much lower, and I have concerns that the circuitry inside the power supply only expects a certain waveform of net voltage.

Ninja edit: After some shenanigans with wolfram, turns out the waveform of 2 phase power coming from 3 phase is exactly the same as a normal 2 phase coming from 2 phase with just different net voltages. Assuming the peak voltage of 240v 3 phase is 240v between all 3 phases, each phase is 120v. Putting 2 of the phases as hots in an ATX power supply, you have 208v @ 60hz. So what you are proposing is perfectly fine. Just make sure your PSU input looks something like 100v-264v. If its 115/230v, bad things might happen.

I'm electrically stupid. But not that stupid.

I am going back to his place in May I will report back on results.
38180  Bitcoin / Mining speculation / Re: Newest Diff thread April 5 to April 18th on: April 19, 2015, 04:24:23 PM
 So with 8 blocks left  and at (-3.39%)


1 armedmilitia   -4.01%  to -4.25%
2 rollover no winner -3.76% to -4.00%
3 rollover no winner -3.51% to -3.75%

4 shapeshift   -3.26% to -3.50%  the leader

5 tss      -3.01% to -3.25%  


FINAL LIST OF ENTRIES FOR THE 0.1 BTC REWARD

New entries are not accepted anymore but speculation is welcome.

Please take a minute to find your name in the list and verify the numbers. Let me know if you see anything wrong.

The pack is tight this time (rollover less likely) and BitcoinWisdom shows -1.67% trending a bit higher.

Thank you for participating.


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