لا اعتقد ان هداذ المكان المناسب لموضوعك، اعتقد انه يجب ان يكون في قسم التعدين خصوصا ان جهاز التعدين المطروح للبيع هدا خاص بتعدين غملة بديلة غير البتكوين لذلك وجوده في قسم البتكوين الرئيسي غير مناسب ولكن على العموم المشرف سيتصرف بما يراه مناسب.


اعتقد ايضا انه تم استعمال الترجمة الالية لكتابة هدا الموضوع باللغة العربية

Tera has 12 zeros, yours is 1,225,436,874 those are 9 digits which makes it 1.2giga, not that any of this actually matter for winning a bitcoin solo block but just wanted to correct the term for you and anyone reading it.

Good luck willi, we got a few hours of hammering the blockchain, hope we hit it with one block.

When this war took place 6 months ago, there used to be many members who would come to support Israel and its terrorist military, I wonder what has changed 6 months later? Seems like they ran out of excuses.

The halving date will be 17-18th, maybe we can start this run a little sooner so we can do another run? 

As it stands, we have roughly 1 in 10 chances of hitting a block, let's hope we get two of them .

Good luck, may the blocks be on our side.

Thanks paid2 and Willi

+++++++++++++++++++++++++++++++++++++++
Groupbuy Wallet: bc1qlpd45688hce39lusur8sdnuzy3z2dx4uvrgpkt
Return Wallet: bc1qdr9qqwf8vegpljd6cz77e0zx0md8nfxxack573
Your stake: 0.006
Your TX: 9ab39f81c5df0912b09da51d4c705e2f9c9ad4ab493af94be84770d6e3332003
+++++++++++++++++++++++++++++++++++++++

Sorry if the format is a bit messy, am using the phone and in the middle of some work, will revist the post to fix it later.

I would join with 0.006 BTC if i am not too late to the party, it's okay if I am, do let me know willi, good luck everyone.

Why are doing the sdcard flashing in the first place? use the latest Whatsminer Tool version 9.x , download the latest firmware version which is 2024xxx, and add your miner IP or IP range, the miner will show in the tool GUI, select it and then hit the "upgrade" button, select the firmware while which you have downloaded, then hit "start upgrade", it would take a few minutes, the miner status will display "transferrin" then "upgrading" after 3-5 minutes, the miner will be loaded with the new firmware, it may reboot a few times in the process, do not cut the power.

As Phill pointed out, all three scenarios will happen to different people, someone who runs at 5 cents / kWh and has M60s or S21s will most likely be in category 1, someone with 7 cents and S17s or M20s will be in category 3, it all depends on the profit margin for every individual miner, be it a small miner or a large corporation, we don't have much info to determine what percentage is going to go offline, but we know the profit margin for everyone will go down, the income will be cut by half so;

If you make $100 a day and spend $50 on electricity, maintenance, employees, rent, etc, after the halving you will be making only $50 a day, meaning, if you don't cut down on your operational cost you will be facing some serious issues, and mining is somewhat different from running other business because the power bill makes the majority of your expenses unlike other businesses, the importance of skills or cutting-edge technology is very small, all you do is convert power to BTC, so if you can't cut your power bills, you are in deep shit.

If you take these two miners and do small compassion between them, things start to get clear, according to Sec fillings it costs Cathedra roughly 28k to mine one BTC, that is the direct cost of mining Bitcoin, in other words, power bill only, it would cost them double that (assuming no price change or hashrate drop) after the halving, so that puts them at roughly 56k per BTC mined, they would hardly survive that if the price doesn't spike soon enough, on the other hand, Iris energy according to Sec fillings as well, spend only 12K per BTC, so post halving will be 24k which means they still have a lot of room for profit.

However, the power bill isn't all there is to it when it comes to these large players, they have interest payments and operational costs, which also affect the overall result, because according to the same source, for IRIS, the interest payment + operational cost would be 16k, which puts the overall cost per BTC at 40k not just 24k.

There are a lot of factors here, the most important would be the price of BTC for the following months after the halving.

I do like the theory but there is one major thing stopping me from believing it and that is the official statement of the Dutch Financial Intelligence and Investigation Service (FIOD), their official website is www.fiod.nl, and the article regarding seizing Sinbad is found here https://www.fiod.nl/fiod-takes-large-crypto-currency-mixer-off-the-air/ which also contains the same image that was present in Sinbad's website.

The article explicitly says



Then posts the said image.

Strange enough there is no mention of it on the Finnish police website or any other place that is Finnish official.

The economics are still the same, gear efficiency only affects the numbers but not the ratio, it makes 10 become 20, or 50 become 25, but it's still a 100% increase and a 50% drop, but while we are at it, let's evaluate this from a different standpoint.

Let's look at the 2020 halving

Price= 10k (50% down from ATH)
total difficulty drop = - 45.6%  (from 25 to 13.6) this took from 11th May to 16 July,  or let's say 2 months or an average of 4 epochs.

When we climbed again to ATH in mid-November, difficulty climbed back to 21.7T, which is a 13% decrease, I would imagine the lowest difficulty drop we can ever get would be a 13% if the halving happens while BTC price is 70k, any lower than that would contribute to more drop in hashrate.


It's pretty much going to be determined by the price of BTC by then, but I would say you are most likely to be wrong, the end of Q2 is going to be 2 months and 10 days post-halving, my guess, that period will mark the lowest hashrate for this year and many years to come, it would be like July 2020 after all the dust have settled and all those mining at a loss or no good profit or the YOLO guys will understand it's actually them who need to shut down

The above theory could be further observed by looking at what happens during the halving epoch itself, we went from ATH of 23.6T to 25T, so right around the halving people were hammering the network for those last large gains before the halving, probably dozen trying solo, those planning to shutdown go full blast overclocking their gears, and then the interesting part is that it took nearly 2 months to reach that drop.

I think what explains the 2-month period to reach a new equilibrium is "hope and uncertainty", most miners would be in a dilemma, an one of three scenarios will happen to them.

1- Other people will shutdown first > difficulty will drop > I will be mining at profit again
2- Bitcoin Price will increase > I will be mining at profit again
3- I turn out to be the weakest player in the game > I will shut down

It took 2 months for the dust to settle, it could take as long or even longer this time, but it can't take forever, you may survive a month of mining at break-even or even a loss, maybe 2 months, maybe 3, but you can't keep going forever and at some point you will come to realize that others have a longer breath and it's your time to go, this is a very common psychological fact that nearly all miners have.

Just picking a random CPU "Opteron 6174 12core" has a hashrate of about 30mh/s when it comes to hashing sha256, the oldest running ASIC today would maybe antminer S7, if you look around you may find it for free, Antminer S7 does 4.7th/s , 4.7 tera is 1000000*4.7 = 4,700,000mh/s, in other words, that obsolete miner is more powerful than 150k Opteron.

The latest-gen miners do 100-200th, that's an order of magnitude higher than any combination of any CPUs out there, Bitmain can make in a single hour what Intel and AMD will never make in a 1000-year if the challenge was hashing sha256 using CPU vs ASICs.

Exactly, because this is the only logical way to look at it, because again, you are comparing a traditional way of operating your business vs a different way, had there been no need for a boiler in the first place, this whole thing would change, since heat is a must in your business, you would treat that bill as you treat rent or anything else that you must pay every day to keep the operation ongoing.

I am interested in knowing the cost of biofuel, we know it isn't 1k a day, but I would like to know the exact cost so we can do the math with the correct figures, if I have to take a wild guess, it would be near impossible for miners to beat the boilers.

There is no room for everyone post halving, think about it this way, if there was, everyone would have doubled their hashrate by now, simple logic, assume 625 miners and 6.25 BTC reward per block, if you say 625 miners will be happy with 6.25/2 rewards, it means 625*2 miners would be happy with 6.25, which we know isn't the case.

There won't be a 50% drop in hashrate that's for sure, but only 10% is not doable in my honest opinion, you need to keep in mind that there are many small folks involved, it isn't just those large U.S corps mining BTC, not to say that those are 100% safe either, so ya, BTC below 50k or not, I would say, prepare yourself for some firework.

Actually, except for "earn merit for reading posts", this doesn't seem like a bad "real" plan at all.

Hello Patrike, I would like to request a new feature or if already available please let me know how to aquire it,  Whatsminer readable API returns environment temperature labeled as "Env Temp", i need away to read that in the rules conditions to execute some actions based on that. Looking forward to your response.

Thank you for the great service, been happily using AM for years.

Still too early to judge at 405 blocks, but keeping this here for future reference.

the current estimation for the halving is 18 days, that would be on the 18th of April, 10 pm UTC,  I think it would happen a little sooner, at least a day sooner so 17th of April around 10 PM is my guess.

The current epoch is most likely going to end on the 10th of April, so the halving will hit in the middle of that epoch, half way into retarget, the epoch will drag on for a little too long, but whatever change it brings won't be accurate enough to judge how much hashpower has left, we will need to wait till the following retarget which I assume would start on the 20th of April and end 20 days later at around 10th of May, that would be when most miners get the right answer to their business.

It won't be enough, the virus can spread if used on the same network especially if your miners use the default username and password, you should try it on an isolated network with a different PC, set up a VLAN on your router, or just use another router, it's pretty hard to spot mining related viruses because most antiviruses would flag even legitimate applications, Bitdefender, Kaspersky and many others I have seen would treat almost everything mining as a virus, so in most cases you have to give these applications an exception.

It's rather simple, let's assume you and I are running the same business, and we are being funded by the same investor, you run boilers and I run miners, we would assume ىخ depreciation and maintenance cost is zero, the investor would pay the same amount, 35000 for the boiler and 1000 a day for the power bill, you chose to stick to the plan, I chose to find another investor who would pay me the extra money needed to run miners.

Your business for the first year:

Funding : 35000 + 365000 = 400,000
Expenses: 35000 + 365000 = 400,000
Income: Zero
Debt = 0

My business for the first year:

I would take the same funding from the same investor which is 400,000, and I would take a loan of  124,000 from the bank, I would then run my 114 miners to heat the place

Funding : 400,000
Expenses: 400,000 + 124,000 (loan)
Income: 300*365 = 109,500
Net profit:  109,500 - 124,000 = 14,500
Debt = 14,500

To clarify here, my miners make 2000 profit and pay 1700 for power, I pay my bill daily, and thus by the end of the year I make 300*365 = 109,500, but I still have a loan to pay which is 124,000, for the investor, he doesn't care, we both are heating the greenhouse equality, and the income from both businesses is the same.

at this point, I take the  109,500 and pay it back to the bank, and now I owe them 124,000 - 109,500 = -14,500

Second year, the owner/investor would still pay us both 365000 for the biofuel, assuming we both have the boiler already.

Your business for the second year:

Funding :  365000
Expenses: 365000
Income: Zero
Debt = 0
Total expenses to this point = 765,000

My business for the second year:

Funding : 365000
Expenses: 365000
Income: 300*365 = 109,500
Net profit:  365000 + 109,500 - 14,500 = 460,000
Debt = 0
Total expenses to this point = 765,000

By the end of the second year, I would have made 460,000 in profit while still having a larger capital than yours, I got 114 miners you got an old boiler,  also I am pretty close to hitting total ROI  765,000 - 460,000 = 305,000 while your business has spent a total of 765,000 with 0 return and your ROI is never.

In my initial post, I assumed the initial cost is boiler vs miner, which is nearly half a million difference, with 1000 for the power bill being fixed because you need the boiler either way, it's pretty much the same logic.

Obviously, this example favored miners simply because I used 1000/day for the boiler bill, which can't be true, it was just a random number that shows how "under some strange circumstances" using miners is the better option if the actual power bill is 100/ day, everything changes.

You can, but you shouldn't unless you have to, plus, it requires a special tool for that, however, now that i saw the screenshot, it doesn't seem like the board is connected at all, can you switch its position and upload a new image?

Your logic is different from mine, you assume only 300 profit i assume 300 + 1000, the 1000 is the amount of money you save every day for not using boilers.

This is not (using miners vs no miners at all) it is (using miners vs boilers).

If it still not clear, let me know I will explain it in detail.