Well I guess the bitcoin life just isnt for me  Maybe I should look into litecoin instead due to its market growing so iit might be best to pitch in while I can I still can. But does it have the same issues as bitcoin regarding getting started? yes, sadly it have. and you can apply this logic to literally any crypto out there. simply, you missed the train so as I mentioned above, only possibility is "hobby" mining with low cost gear. anyway, is quite cool to start playing with it, so don't miss the opportunity to learn cool stuff. I understand your point as a pure hobby, but It really wasn't my first intentions to get into bitcoin just for the techy side of it, as I like to run everything like a business so I can at least make a few bucks back if its an on going matter. But purely I was more or so interested into to a reasonably profitable sideline task if you will and something I could build up overtime and be proud of all miners I would buy:D. But I guess that I was a bit late arrival to the bit train. One last note "literally any crypto out there". Does that mean that litecoin and all others are out of my reach? Are there any cyptos that are stable at 26 cents a kwatt all coin mining is a loser to you . Soooo if you want coins as a money maker buy 1 or 2 and hold it…. and buy this miner https://bitcointalk.org/index.php?topic=1123519.0it is about 30 for you point it here https://bitcointalk.org/index.php?topic=763510.0this is an all or nothing chance at an entire block (think lottery) it will cost you 2 or 3 dollars a month to most likely never win . but since you purchased a few coins you can win on the stock market type idea of coins. 2 coins are 440 usd today in a year they could be 550 usd. Oh on one final note, is cloud mining any good. I am looking at https://hashflare.io If you are really at .23$/kWh or such, you'll have to look at either cloud mining (not recommended) or miner hosting. For instance if you get a few miners and host them somewhere cheap, you are probably looking at 1year break even. More or less by quite a bit depending on how cheap you pay per kWh and which hardware you pick and at what price. If you really want to get to cloud mining i recommend something from a compagny at the very least well known, like hashnest from Bitmain. https://www.hashnest.com/But you have to keep in mind they are there to make money off you. So tough deal really. |
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My eyes hurt with the cheap Altcoin plug.
Okay op so personally i would recommend a S5, but with the BTC price hurting, i would definitively not spend more than 300$ for it. I'd try for 250$ or 300$ shipped, custom included or so.
Also its hard to give you any form of justifiable suggestion unless i/we know your electricity cost rate.
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I am curious about what folks would expect from a "quantum miner"? Would it produce prodigious amounts of hashrate for minimal energy expenditure? Would the difficulty mechanism still apply? Would the entire prospect of a crypto currency still have meaning?
If the difficulty mechanism still worked, then a 100x hashrate improvement would last less than 10 days, and then would be rendered largely moot. Yes, all the non-quantum miners would be washed out of business, but would it make anything better for you or me? I expect it would drive the price of BTC way down, since at least one economic theory suggests that the price of BTC will trend towards it's cost of production.
Eventually I will understand what "quantum computing" means.
I don't think we can be looking at a real quantum computer, at the very least for consumers. If a true quantum computer would be made compatible to emulate sha256d hashing, because inherently the base is completely different than binary. We wouldn't be looking at 100x hashrate. A single quantum computer would most likely be many magnitude over the complete network hashrate. A single bit being able to contain a insane amount of data. Maybe even a full hash. |
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By going over it fairly rapidly, it look like the new block size would be voted by the miners. Honestly i think this is a great counter offer to the shifty XT core fork.
If only what i read get implemented i think we should consider it. Unless it get bundled with other crap like XT did.
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This would of been a good deal only if it was in Canadian Funds.
Still worth keeping in mind as its already in Canada. And OP now accept OgNasty as escrow. Right now this means 1.7BTC so this is definitively too much but when the price match the BTC price, i might be interested. Though i'm surprised they are still here as Allinvain offered to pick them all up in person in another thread. |
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I will take -0.01% to -0.25% please  |
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Thank you for your replies, I have them both in my house, ready to use. Im living on a crowded street and I fear the fan infront of the window might push a lot of dust.
@VirosaGITS at what clock you are running your miner(s)?
Right i forgot. Freq = 387.5. Its the second best hashrate for W freq for me but virtually 0 HW, seem a good compromise until winter where i may use the optimal setting which is 393.75. Maybe even try 400 when its winter cooled. For the dust i recommend getting a box fan filter pack. Its just some kind of net you put over the fan. There's the cheap throw away one or there's high quality cleanable pad that are more expensive. |
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Thanks guys is better when you know how it works . tanks a lott  Cheers, try tracing yourself. https://blockchain.info/Input an address, see where the money came from, where it went, then you can click that transaction and navigate through the whole history of the coins back from where it was generated all the way to when it became yours and where it is now after you sent it. |
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We should make a bot to request paying address repeatedly to CPU-abuse their VPS... shouldn't be that hard, and that would cost'em money or banning
EDIT: Already tried, it is a fixed set of addresses, shouldn't be hard to track.
Good on you, we definitely need to report the website to the host as they will likely take it down and that will be the end of that. Now back on subject, does anyone know if the antistatic fans by corsair that a lot use for the S5 with a push and pull method would work if the dimensions were shifted a bit more one way? (A height increase or depth increase) I ask as the only think I could see changing on the design is a bit added in a direction. I still wonder what the actual dB is from a meter. Looking at the stats, 6 fans running over 4500 rpm should sound like a Ferrari. What corsair fans are you referring to? As my experience with them are not that bright in s5, I simply couldn't use any other fan without underclocking. What I came up with the latest update was to set the stock fan to the lowest rate and put a corsair fan (or whatever with over 2000 rpm, 90 cmf and silent) as pull. I think i remember seeing they were 70dB fans. So with the added noise of air turbulence and 6 of them, it would not be surprised for 80dB. I don't think you should use a sp120 here, i don't think it can pull enough Static pressure to make a difference vs the huge pressure from the stock push. However it could add a bit of airflow to the external end chips. Personally the best way i did this was just the stock fan at lower% with a box fan blowing air on it. Temps are tight together, 57/58 for example. And its much cheaper, support multiple S5 and is quiet. Hmm, thats another idea I am willing to try. What you mean by box fan is something like this, right? http://www.rowell.com.tr/dosyalar/rowell-ayakli-vantilator-metal04-202.pngAt what % you run the stock fan and at what mhz? (with getting those temps) Naw not a fan on a stand, a box fan. Personally my box fans are in the window and push in fresh air and i use plastic to direct air directly to the sides of the S5 toward the exhaust, but some users just put the S5 on the box fan. I'd probably do that if i wasnt dumping air strait outside with ducts. That plan would probably work if generating heat inside the room was not a problem. My fan still run at 50% its still summer here, temp does from 55 to 63 when its 28C outside. I think i'll be able to drop them very low during winter. |
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We should make a bot to request paying address repeatedly to CPU-abuse their VPS... shouldn't be that hard, and that would cost'em money or banning
EDIT: Already tried, it is a fixed set of addresses, shouldn't be hard to track.
Good on you, we definitely need to report the website to the host as they will likely take it down and that will be the end of that. Now back on subject, does anyone know if the antistatic fans by corsair that a lot use for the S5 with a push and pull method would work if the dimensions were shifted a bit more one way? (A height increase or depth increase) I ask as the only think I could see changing on the design is a bit added in a direction. I still wonder what the actual dB is from a meter. Looking at the stats, 6 fans running over 4500 rpm should sound like a Ferrari. What corsair fans are you referring to? As my experience with them are not that bright in s5, I simply couldn't use any other fan without underclocking. What I came up with the latest update was to set the stock fan to the lowest rate and put a corsair fan (or whatever with over 2000 rpm, 90 cmf and silent) as pull. I think i remember seeing they were 70dB fans. So with the added noise of air turbulence and 6 of them, it would not be surprised for 80dB. I don't think you should use a sp120 here, i don't think it can pull enough Static pressure to make a difference vs the huge pressure from the stock push. However it could add a bit of airflow to the external end chips. Personally the best way i did this was just the stock fan at lower% with a box fan blowing air on it. Temps are tight together, 57/58 for example. And its much cheaper, support multiple S5 and is quiet. |
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I think you are private as long as you don't convert to fiat. If you convert to fiat any other way that isn't meeting with a person irl and exchanging for cash in a irl phone transaction then it's recorded somewhere and usually to convert to fiat you need some credentials.
Yeah but you're not breaking your tractability, you're making yourself even more vulnerable. Now all your transactions are linked to someone else's transaction and that person can identify you in court unless you hide your face. |
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Currently, 350USD is more in BTC than what i paid last month for a S5 from Bitmain so i find it pretty worrisome to make this purchase. However if the BTC price become more sensical, i might be interested in picking up one or two, depending, sometime during next month.
Shipping to Canada should be much less prohibitive than when we considered the S3s.
understood BTC price is currently down since bitmain closed sales of his second hand batches, but at this point he has not hardware for sale and I expect there wont be anything listed for at least 1-2 months That is quite likely. BTC went even further down, making almost any ASIC purchase an uncertain venture now. People locally even started to list their stuff on local private adds. When people start dumping their ASICs, hmm. It will be time to buy soon. If you mine and hold BTC with those S5s, it might be possible to get their full value if the price go up afterward but thats a bit too speculative for me. But for now i'm watching this thread for price |
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Just curious... I let the pool adjust my worker diffs. Sometimes the diff gets adjusted to values less than the pool minimum, and usually on only one miner, sometimes two. I have one S4 and four S5s running, and it seems that only one of the S5s is affected most of the time. If I restart the affected miner, it starts over at the pool's 1.042k, and sometimes I need to do a hard restart. Is this normal, or is it likely that there's a problem with that S5? Does this happen to anybody else?  I don't know much about the S5s but I am pretty sure the pool min is diff 42. No way you run that slow. Not unless you somehow don't notice when your S5 start hashing at 1gh xD. You didnt mention the most important, scotty2u2. Whats your accepted hashrate for that unit on Kanopool? |
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if you are diligent and scour ebay constantly you can find some good deals on s5.. there was one earlier that went for like 360 shipped
But 360 isint that much of a good deal since thats a massive 1.75BTC. The ROI on that purchase would take a very long time if possible at all, currently. yeah maybe 5-6months depending on electric cost.. but thats about the closest ive seen to bitmains last price which allows one to use a credit card to purchase.. although zoomhash now has the 3 pack for like 1100 Or 1 year + with the current difficulty increase trend, hard to tell. With the S7 around the corner, its probably better to wait for the mass sell. Just since the new chip announcement the market place already started having tons of S5 for sale. |
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if you are diligent and scour ebay constantly you can find some good deals on s5.. there was one earlier that went for like 360 shipped
But 360 isint that much of a good deal since thats a massive 1.75BTC. The ROI on that purchase would take a very long time if possible at all, currently. |
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I guess that if they send it through a mixer before an exchange, there is no way to link it to the credit card anymore... Especially if they hid their IP.
It would work fairly well, yes. People seem to get confused with my A to Z thing, it more or less matter, but its just to say if the A is dirty BTC, you need to break the chain before doing anything with it. Turning to fiat, purchasing, using, trading, etc. Otherwise you link the A to your identity. Its pretty hard to spend BTC anonymously. More simply. It doesn't matter if A doesnt have your personal information. If Z does. A will be linked to you. |
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S7: 3 blades x 350w each with 2 pci-e in each blade, total 1050w and a total of 4.60 Th/s, i think that's will be the new Bitmain's standard...
Thats a pretty big unit, i'm thinking they will keep it under 690 watt as its the optimal power factor to fit on breakers. Ex; 115V*15A*0.8/2 It would fit nicely all the way from 115V to 240V grids. Personally i'm hoping for Wifi support again. It really help the wire mess ^_^". |
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Currently, 350USD is more in BTC than what i paid last month for a S5 from Bitmain so i find it pretty worrisome to make this purchase. However if the BTC price become more sensical, i might be interested in picking up one or two, depending, sometime during next month.
Shipping to Canada should be much less prohibitive than when we considered the S3s.
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The point is that btc is 100% traceable. It is up to you to hide your name from addresses.
How btc address can be traced? If one don't provide any phone # or ID proof to open account then I don't think any once can trace the btc address owner. The transactions are 100% traceable. It doesn't mean they're going to get your phone number. It means every transactions sent from X to Y are traced. This create a trace-ability. You need to either mix your BTC with a service or break the trace-ability from BTC in the end -> Fiat, purchase, etc. Otherwise it doesn't matter how many transactions the funds go through, A->B->C->D->E->Online Purchase. A will be linked to Online Purchase. And thus you can link addresses together if they interact together. Then all of those will be linked to your Online identify. If that is linked in anyway to personal information, then A will be linked to your real life identity. |
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I believe it will be powered by their new psu and will run around 6 Th at 1400w. If not the S7 the S7+ or S8. But eventually we will see another rack mount monstrosity.  Their new PSU? Are you referring to their 205V+ PSU? I don't see it being sold along with the S7. A tons of people can't use 240V PSU's. But if they came with some 115-240PSU like the S4, that would be nice. Of course assuming the PSU isint as terribad as the actual one from the S4. |
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