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41  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: July 14, 2016, 05:41:33 PM
I'm curious what are they mining with SHA256 hasing power? It is obvious that the renting price is already exceed the profitable rate of BItcoin mining. I'm pointing one of my S9 to NiceHash and it shows 24 blocks found just overnight.

There are quite a few coins that use SHA256 as the algo and are still minable today.
Personally I use zpool http://www.zpool.ca/site/mining.
If you click on SHA256 on the right you can see the coins they are mining.


I've tried Zpool few times but I can only earn half of what they say on the homepage.

I can't totally disagree that what you see on the homepage is an estimate,  Though I have yet to find another pool is a viable multi-coin auto exchange alternative.  You?
I was more referring to it as a list of coins that are being mined with SHA256.
42  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: July 14, 2016, 02:24:53 PM
I'm curious what are they mining with SHA256 hasing power? It is obvious that the renting price is already exceed the profitable rate of BItcoin mining. I'm pointing one of my S9 to NiceHash and it shows 24 blocks found just overnight.

There are quite a few coins that use SHA256 as the algo and are still minable today.
Personally I use zpool http://www.zpool.ca/site/mining.
If you click on SHA256 on the right you can see the coins they are mining.


43  Other / Meta / Re: Stake your Bitcoin address here on: July 14, 2016, 04:49:03 AM
Bitcoin Address: 1KtBktoMRY7t5ofzabYgLkBRx8k9PsgNoR
Message: This is Chuzzlewit owner of this account from bitcointalk.org and today is July 14, 2016
Signature: IGpfKMDhrdbrqwMKIilsqsRrmIKDkKHGTHLt/Grm/KcEqTgiRrKBZI5TIQlQhaV4dUR7u+mkh+BqNfBC1yfahtk=

Quoted and verified
http://coinig.com/?adr=1KtBktoMRY7t5ofzabYgLkBRx8k9PsgNoR&msg=This+is+Chuzzlewit+owner+of+this+account+from+bitcointalk.org+and+today+is+July+14%2C+2016&sig=IGpfKMDhrdbrqwMKIilsqsRrmIKDkKHGTHLt%2FGrm%2FKcEqTgiRrKBZI5TIQlQhaV4dUR7u%2Bmkh%2BBqNfBC1yfahtk%3D
44  Bitcoin / Mining speculation / Re: Pool hashing rate dropping in 30 minutes? on: July 14, 2016, 04:04:27 AM
With the price being in the mid $600's and the S9's starting to be used I just don't see a large drop soon.

The price of BTC is $200 higher than it was 3 months ago, which is less than 2x but still enough to keep the larger/lower cost miners going.
With the S9's coming online in larger numbers this will also help out the miners to maintain the profit margin they are use to.

I do believe a number of small/home miners, those with electricity above $.05, will slowly but eventually stop.
But that equipment may make it's way to other places where they can still be profitable.

One thing is for sure, I am interested to see what the next 12 months holds for the BTC hashrate.
45  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: July 11, 2016, 11:22:40 PM
ETA should be visible to all users. It helps a lots when you're going to increase or decrease the price.

ETA use to be available for all orders but, NH removed it because they felt it gave too much information about the BTC balance of the order.
I was told it was a standing request by many users.

https://bitcointalk.org/index.php?topic=562238.3625

But I do have to say I miss it as well.

46  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: July 11, 2016, 03:22:14 PM
There are the big order at the lowest price. This order get huge amount of hash power for very cheap. It can increase the price untill other orders move the price up, then it can jump down to its cheap point while other orders can only step the price down once every around 500 sec. This is unfair.

Every real time market has rules, you just have to learn how to use the rules to get what you want.
I am pretty sure all orders have to follow the rules, you should check the order numbers when you see a large jump down.

If orders could be changed down to any price, the price to the sellers would always be the minimum and that would not be fair to the sellers.
   Without sellers nicehash would not exist.

You can easily change the price down by more than the minimum but creating a new order at the lower price and cancelling the higher order.
   But keep in mind you must pay the order fee on the new order, currently .0001, so consider that in your calculations.



But the big order I'm talking about, when it jump down the price, it also take all its hash power with it. If I create new order, I would not be able to gain that amount of hash power with that low price.


If you can verify, with time stamped screenshots probably, the fact that the same order number is moving more than the allowed step I will be happy to join you in asking for an explanation.
Though I have been using NH for sometime and have not seen that behavior.

EDIT:
Actually I have order history for sometime, I will have to look to know for sure how long, can you give me an order number or at least an algo?
47  Economy / Service Announcements / Re: [ANN] NiceHash.com - sell & buy hash rate cloud mining service / multipool on: July 11, 2016, 02:24:02 PM
There are the big order at the lowest price. This order get huge amount of hash power for very cheap. It can increase the price untill other orders move the price up, then it can jump down to its cheap point while other orders can only step the price down once every around 500 sec. This is unfair.

Every real time market has rules, you just have to learn how to use the rules to get what you want.
I am pretty sure all orders have to follow the rules, you should check the order numbers when you see a large jump down.

If orders could be changed down to any price, the price to the sellers would always be the minimum and that would not be fair to the sellers.
   Without sellers nicehash would not exist.

You can easily change the price down by more than the minimum but creating a new order at the lower price and cancelling the higher order.
   But keep in mind you must pay the order fee on the new order, currently .0001, so consider that in your calculations.

48  Other / Beginners & Help / Re: Help me with Mining, I have $0 cost and how can I get started on: July 10, 2016, 08:36:04 AM
Thanks guys for your response. What I conclude from all responses is,

1) CPU Mining is not advisable – It might damage my CPU as it is not meant for mining purpose.
2) Special Hardware – If one is serious about mining he should go with special hardware.
3) Energy is not cheap – No matter if I’m not paying for electricity, someone is paying for it. One should not waste such resources.
4)  Altcoins – If I still want to do this then I should go with altcoins where CPU mining is recommended.


Some recommended adjustments:
2) Special Hardware – If one wants to make money mining he should go with special hardware. This can be GPU's or ASIC's.
3) Energy is not cheap – This is usually your #1 cost, be careful to do your calculations properly.
4) Altcoins – Do not limit yourself to mining BTC, and it might be possible to make some money with CPU mining but I would not do it.

Te original answer to #3 sounds like an argument I saw before
https://bitcointalk.org/index.php?topic=1514871.0
49  Bitcoin / Bitcoin Discussion / Re: We are now at block 420,000 on: July 09, 2016, 08:31:08 PM
One thing for sure is there are less Bitcoin for sale. If price not changed, miner have to sell the coins they mined last year, the year before. Eventually, less miner will be in business.
Well, when that happens, we won't be able to move bitcoin from address to address right? Since those takes blocks to solve. Correct me if I"m wrong.

If miners stop mining the difficulty will go down and the same number of blocks will be mined everyday.
So transactions will still get processed and BTC will still be around.
50  Other / Beginners & Help / Re: Help me with Mining, I have $0 cost and how can I get started on: July 09, 2016, 04:38:02 AM
As a bonus, I will teach you how to fish. If, somewhere down the road, you decide that you want to mine Bitcoin with your CPU simply for the sake of learning, then go to www.google.com, locate the rectangular container where you can enter text on that page, and type a series of keywords that is appropriate to your needs. In this case, a good series of keywords is "how to start mining Bitcoin". I found exactly what you're asking for in less than a second. You're welcome.

Harsh!! But yes google can be your friend if you use it.

I agree CPU mining, even with the proper coins, is not so good anymore.
You may want to try some of the multi pools that allow you to mining in a CPU friendly algo and auto convert to BTC

51  Alternate cryptocurrencies / Pools (Altcoins) / Re: █▓▒░-< [ZPOOL.CA][BTC Multipool] The miners multipool >-░▒▓█ Paid out 600+ BTC on: July 06, 2016, 07:22:18 PM
Hi

I would like to know how works the exchange rate?
I would like just o mine one coin is it possible?
Because I am getting paid the most in another coin that I don't wanna and also the exchange rate it's way low compare to bittrex so in the end no profit.
Are guys working together with nicehash? looks like their bots are pointing their orders to you guys as well so the profit goes even more away :-(
But really nice away to keep some coins alive


I cant speak for others but depending on what algo you are talking about, NH can be a significant part of the hashing power on zpool.
Depending on the prices on each site, I regularly contribute to zpool from NH on the smaller algo's.
Though my contribution tends to be very spiky, since the prices on zpool and NH are constantly changing.

On NH whoever sets up the order determines where the hashing power is applied and there is no default site, like zpool, where the hash goes.
If there are no orders on NH the algo becomes unavailable to be mined, I have seen this happen when NH adds a new algo or an algo is about to be discontinued.
52  Economy / Service Discussion / Re: Will genesis mining be profitable after halving? on: July 02, 2016, 08:15:29 PM
after halving many cloud company will crash ..so not sure how this will work if price increase then may be it will stat otehr wise all will go down ..waiting for halving to see the situation
Yeah i think better to stay away in those cloud mining site it can end up to scam.. just hashocean if you remember many people are scammed by this company.. this is just like the same as old investment schemes before.. they are acting the same as old owner of scrypt.cc

I dont think you really understand the difference between Genesis Mining and the other two you mentioned. They are far from anything alike.

If you don't mind, What is the difference?
53  Bitcoin / Bitcoin Discussion / Re: Will you allow the Government to look into your bitcoin wallets? on: July 01, 2016, 08:14:06 PM
To add a little clarity, a wallet has 1 or many addresses associated with it.
Through your dealings with BTC you use, and maybe publish, different addresses.

For the world to be able to associate addresses with a wallet will depend on how many clues you leave behind.
If you are well known and use the same addresses over and over, you are leaving bread crumbs that allow people to trace you.

Lets say you have 2 bitcointalk accounts and you publish the same address in both, you have now given the world a hint that those 2 accounts are related.
Again let's say you sign up at coinbase and provide them a bunch of real world information and you generate addresses from there. Now your real world identity is associated with those addresses.

The amount of anonymity BTC, or most crypto currencies, provide depends as much on how you use it as it does the technology involved.
You are in control of how anonymous your BTC information is, if you want to stay very hidden you need to work at doing it.
54  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin. on: July 01, 2016, 04:39:33 AM
Maxcoin does not seem to happy.

Pool Hash Rate   8.956 GH/s
Current Difficulty   689.5343249
Est. Next Difficulty   712.89577081 (Change in 1 Blocks)
Est. Avg. Time per Round (Network)   57 seconds
Est. Avg. Time per Round (Pool)   5 minutes 30 seconds
Est. Shares this Round   11033 (done: 132004.65%)
Next Network Block   1560400    (Current: 1560399)
Last Block Found   1556235
Time Since Last Block   70 hours 23 minutes 7 seconds
55  Bitcoin / Bitcoin Discussion / Re: Will you allow the Government to look into your bitcoin wallets? on: July 01, 2016, 03:13:56 AM
The best feature of Bitcoin is that's anonymous ; so i wouldn't give the government details about my wallet address, and i don't think that it will easy mission for governments to check wallet address of their citizens.

I saw this a while back and your comment reminded me of it.

This was a normal US citizen that traded BTC in person and got tagged as potentially being bad and look what they did to him.
So in general BTC is pseudo anonymous but if a government wants to get you, it really doesn't matter.
http://www.burtw.com/
56  Bitcoin / Bitcoin Discussion / Re: Will you allow the Government to look into your bitcoin wallets? on: July 01, 2016, 02:36:33 AM
I would not give the government direct access to my wallet's, not that they need it in the US.
IMHO, BTC is like cash if you really want to know where it came from you can figure it out, If you have enough time and money

But with BTC being pseudo Anonymous it is already possible to piece together some of the trail that tell who's address is who's.
Though there has to be a decent amount of activity in order for the pattern to emerge.
  An old interesting article about it https://www.technologyreview.com/s/518816/mapping-the-bitcoin-economy-could-reveal-users-identities/

I am sure someone will have some other ideas but if you want your BTC to stay anonymous you need multiple wallet's and a reliable mixing service.
57  Economy / Service Discussion / Re: Do Hashocean company will close on: June 28, 2016, 12:43:15 PM
We can hope a little - tomorrow is the 29th, so lets see if HO makes good

Genesis does have a good name and they do have mining farms in Iceland, but it will take 10 - 12 months get your investment back if everything goes forward as normal.

This is not a "But", this is the reality of the situation.
People are currently spending $2,000 USD for a new S9 are looking at a similar ROI.
OF course this depends on their actual costs to run the machine and the currently difficulty and the position of Jupiter relative to the moon.

Making lots of coin mining is possible but it is not very likely, why or how can cloud mining be different?
If Genesis is a legitimate company, and I don't know if they are, they cannot offer an ROI sooner that is possible, that is called a scam and why we are talking on this thread today.
58  Economy / Service Discussion / Re: HashOcean disapeared and scammed 700,000 users ? ! on: June 28, 2016, 05:19:05 AM
I do feel bad for everyone that has been effected by this, although I am not one of them.
I have also had to learn this lesson the hard way when I was just starting out with BTC.

Please Keep in mind, This is like the Wild West and MOST of what you find out there will probably not make you money.
Use the resources that are available to you here, there is a huge amount of information already here.
And dont hesitate to ask questions, you may get beat up a little Roll Eyes but, it is better than loosing your coin!!!! Grin
59  Bitcoin / Development & Technical Discussion / Re: Why is blocks not 'filled up'? on: June 28, 2016, 03:49:39 AM
The transaction fee are relatively small to the reward the miners get for solving a block, so the miners just don't bother about the transactions. It is all caused by greed.

Not even close. A miner can choose to base the block they mine on certain transactions from a certain node, some nodes (maybe even the miner's) will purposely reject transactions. It's not logical, it's the choice of the miner.

I accept that a miner can determine what is in the block.
But if the miner chooses their transactions and the block is not full, then any remaining space gets filled in with existing waiting transactions, even in descending fee order would be acceptable.
Granted the miners would need to be enticed, or forced, to run that code but, I would think this does not violate too many BTC ground rules and might actually be better in the long run.

Now this is just an idea and I admit my limited knowledge of the bitcoin network is just enough to be dangerous.
I hope and I am not be too naive and I look forward to some reality.
60  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][POOL] Mining Pool Hub - Multipool. Multialgo, Auto Exchange to any coin. on: June 26, 2016, 06:28:59 PM
Sorry I seem to be THE problem reporter.

UFOCoin OK?
Almost looks like the coin is dead or something, next difficulty is super low compared to current.
A large change in the available nodes maybe?

Pool Hash Rate   0.000 MH/s
Current Difficulty   4.83848277
Est. Next Difficulty   0.02695649 (Change in 1 Blocks)
Est. Avg. Time per Round (Network)   4 hours 29 minutes 14 seconds
Est. Avg. Time per Round (Pool)   zero seconds
Est. Shares this Round   19818 (done: 21.14%)
Next Network Block   717156    (Current: 717155)
Last Block Found   717141
Time Since Last Block   68 hours 5 minutes 25 seconds



Oh, there were some minor problem with block info update script.

Mining is well going on and all shares are counted
but some internal calculation needs time to catch up.

Sorry for inconvenience.

It's all good and thanks for the support!!

I confirm that UFOCoin seems to be behaving better now, generating blocks, updating statistics, etc.
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