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401  Alternate cryptocurrencies / Mining (Altcoins) / Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2 on: March 16, 2018, 10:33:36 PM

More likely someone using Nicehash, or a GPU farm that didn't bother with individual names for it's workers.

The pattern of work looks more like a large Nicehash buyer though.

402  Alternate cryptocurrencies / Mining (Altcoins) / Re: 110v miners w/ multiple rigs....how do you do it? on: March 16, 2018, 10:30:17 PM
As I can't redo most of the wiring in my current location, I deliberately build my rigs to draw appx. 700 watts (which is a hair under 6 amps at the voltage I see at my outlets) then put 2 of them on each 15 amp outlet (but see below).

The weird part is that the WIRING in this place is sized for 20 amps per circuit (except for the one 30 amp 234VAC outlet) and most of the breakers are 20 amp, but almost all of the circuits feed a SINGLE duplex 15-amp outlet - if I could find a NEMA 5-20 duplex outlet that didn't cost an arm and a leg I could upgrade the rigs quite a bit (though PS tend to get a lot more expensive per watt past around the 860 watt range, and are starting to climb at THAT level).

If you're not a trained electrician though, I'd not recommend doing it yourself (I was a union-trained Journeyman and licensed electrician for a while in my youth, and I've kept up on the relevant Code changes).


403  Alternate cryptocurrencies / Mining (Altcoins) / Re: Nvidia Dedicated Mining GPU to Be Launched on: March 16, 2018, 10:18:52 PM
The P104 (1070) also uses GDDR5X. These Nvidia P mining GPU's are just stripped down Pascal cards with a shitty warranty and tweaked Bios for better timings and energy efficiency, like you can do yourself with AMD Polaris cards.

GTX 1070 and 1070 ti are GDDR 5, NOT GDDR 5x
1080 1080 ti and the Pascal Titans were the only GDDR 5x cards.
404  Alternate cryptocurrencies / Mining (Altcoins) / Re: Cryptonight / Cryptonote - On GPUs and ASICs and profitability on: March 16, 2018, 10:03:31 PM
They can change to fix their ASIC - but it takes MONTHS once they have access to the new algorithm - redesign the chip, validate, do a tapeout, test, then *if* the tapeout chips are right order production to go into the QUE when space comes open.

I can see Bitmain trying to do this perhaps ONCE, I doubt they'll try after the first time due to the COST.

 
405  Alternate cryptocurrencies / Mining (Altcoins) / Re: The death of cryptonight and the future of amd card prices on: March 16, 2018, 09:59:11 PM
There are a lot of coins that remain in these algorithms. I am a supporter of mining on the GPU. You always have the option of switching to another coin. Every year there are new coins. They will always need the services of miners. Can you this way want to reduce the price of the GPU from AMD? You won't succeed. Demand will remain stable this year and prices will not decline. This has already been stated, NVIDIA. I'm sure AMD won't be an exception.

There are only 10 coins or so currently on the Cryptonight algorithm that I can find.
Monero has already stated "changing on March 28" - that removes more than half of the total network hashrate of ALL of these coins combined.
ETN has sorta-announced they'll be changing algorithm - they HAVE to for their "mobile mining" project to be viable - there goes 3/4'ths or a bit more of the REST of the combined total network hashrate.

If Bitmain puts their typical "about 3000" miners into each of their ANNOUNCED X3 batches, that's going to be ballpark 30 TIMES the total current combined hashrate for all the remaining Cryptonote coins arriving in the next few months.

It's going to be a worse bloodbath than SIA or X11 by far if so.

As of the last figures I saw, XMR was pushing sorta close to 1 Gigahash, ETN 300some Megahash (close to 400), all the rest COMBINED were less than 100 Mhash and at least one of them was less than ONE Megahash.


AMD card prices have already DROPPED a bit (vega in particular) and availability has improved a LOT since January - but ETH is still profitable enough that some new rigs are getting added, just at a much slower pace the last couple weeks.
ETH seems to be the ONLY major coin that has lost less than 50% of it's "peak value" at this point.

Final point - most AMD cards are mining ETH. NOT XMR or other CN coins.
Vega is the only major exception since it has so much higher performance on CN than on anything else.


406  Alternate cryptocurrencies / Mining (Altcoins) / Re: 1080 or 1070ti? on: March 16, 2018, 09:52:52 PM
At MSRP on each, I'd go 1070 ti - but it's a very close choice, you won't go wrong either way.

Don't get a 1070 ti to mine ETH with, get a 1070 - even lower cost for the SAME hashrate.
407  Bitcoin / Mining speculation / Re: How did you make the jump to the next level? on: March 16, 2018, 09:46:49 PM
How did you progress your mining to a sizable level? 20+ miners


Going from one to two to three miners at home is a fairly simple process. The next step seems to be the hardest part though. Balancing overhead of rent, electric, isp, and misc costs at a level that allows you to continue growth (amount of miners) seems quite difficult.

Talked about this at length today with someone in a similar space. We’re not both idiots, so how did you guys do it?

At the moment quite maths leads me to believe you must possess somewhere around 10+ miners to make it worth it to not host somewhere else. That’s not an insignicant investment!

Any tips on making the next leap would be masssively appreciated.

Cheers.

I was working while mining - and reinvested every penny I could spare after bills into more mining gear.
The job I worked was seasonal - I'd have good income from about the end of January to late June - and 2 years ago I realized that if I just saved the last couple months worth of work income it would give me enough to move to the "land of low cost electric" and that my mining income was enough to live on with some left over for more expansion, while DROPPING my overall cost or living some.

Technically though, I didn't have "20 miners" at the time, more like 12 - but I also don't live fancy which keeps my cost of living down.
408  Bitcoin / Mining speculation / Re: Has Bitcoin mining ever been so unprofitable? on: March 16, 2018, 09:43:09 PM
Indeed.  I've been looking at mineral oil, but it has a lot of up front expenses. If done right, and at scale, it could provide an edge by consuming about half the electricity.  Though I see the next big area of profit being a big jump in hashpower.  If somebody would make a 50 TH/s miner, that'd surely be profitable for a while.  However, I'm not sure I see that playing out due to high up front costs.

How in the world would mineral oil cut your power consumption by half?!?!? 


El Salvador - TROPICAL climate.
Wouldn't drop the actual miner consumption much - but might drop the AIR CONDITIONING requirement a ton - which is what I think they were claiming.


409  Bitcoin / Mining speculation / Re: Has Bitcoin mining ever been so unprofitable? on: March 16, 2018, 09:41:53 PM

Right now, if bitcoin price rise up suddenly to 20k, a huge flood of mining equipment orders will flood the asic manufacturers. In 3 weeks to 2 months, a ton of asics arrive and mining goes back to this bad profitability or close to it. Only bitcoin holders win. Thats the problem with overcapacity.


The problem with that concept is that there is NO OVERCAPACITY in Bitcoin mining gear - total network hashrate STILL has not caught up with the price rise from the lows back when it was pushing $200 AND WAS PROFITABLE AT THE TIME if you had low-enough cost electric.

They're still selling every miner they can get out the door, as they can't get enough CHIPS due to lack of FOUNDRY CAPACITY available.

I suspect that's the primary reason eBang moved to Samsung (and it's why Nvidia put the 1050/1050ti on Samsung) - TSMC and GF can't keep up with demand while Samsung had SOME slack (which has largely gotten eaten now, though not entirely).





410  Bitcoin / Hardware / Re: Who likes pod miners? on: March 16, 2018, 09:36:41 PM
Terminus shipping = finally get to put some serious time in on 14/16nm based project?

411  Bitcoin / Mining support / Re: Whining noise from S9 fan? on: March 16, 2018, 09:31:06 PM
High-backpressure-tolerant many-blade fan designs are notorious for their high-pitched "whine" when running at high RPMs.

It's PROBABLY normal.

412  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 16, 2018, 09:25:27 PM
Lmao I feel sorry for anyone who actually fell for this crap. I will pray for every 1.5BTC lost in battle. Look at these prices baby WOOOO, lets gooooo!!


I don't - if they weren't sensible enough to perform due diligence, THEIR mistake.

413  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 16, 2018, 09:23:08 PM

They probably meant ETN (Electronium) which is the second-highest network hashrate CN coin - and like Monero they have announced they will be changing their algorithm and hard forking soon to implement the change.

These devices are no coffin nail in CPU mining, they're going to be expensive paperweights very soon now.



ETN has announced a fork? Do u have the source of this news?

It was mentioned in a Q&A video linked from their facebook page, but details were pretty ambiguous.
They HAVE to change the algorithm though for their "mobile mining" model to survive at all.
414  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining , still worth it? on: March 16, 2018, 09:15:36 PM

Nope. The days of 1 year ROI on GPU are gone. Also there is no magic  coins.


Not gone yet if you don't pay GOUGE pricing and don't have high electric cost.
The days of 2-3 MONTH ROI however appear to be gone, barring another major price JUMP like a year ago or the introduction of a new coin like ZEC that gets crazy-high priced in it's first week or two.



415  Alternate cryptocurrencies / Mining (Altcoins) / Re: Mining , still worth it? on: March 16, 2018, 09:12:57 PM
Some contacts IRL i know from years ago are mining with 10 computers since last year, i said them it is not worth it nowadays but they still trust in the system.

I personally think 10 computers this days is not enough to make mining worth it as the price of electrycity in my country is high and mining consume a lot of it.


I think some clarification is needed - 10 machines with 1 GPU each or 10 machines with 19 GPUs each would be a HUGE difference.

My ongoing project of "convert my old Folding rigs to riser rigs" has REDUCED the number of "computers" I have actively mining, but I have more GPUs mining today than ever because I have more GPUs PER computer.




416  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 16, 2018, 09:07:22 PM


The X16R algo, used by RVN/Ravencoin --- this coin rumored to be supported by Overstock.com

If this is not the ultimate Asics fighter.... I dont know what is!


X15 with one algorithm added, not that big of a deal for an ASIC.
It would get a LITTLE more complicated with the "order switch" stuff but not all THAT much so.

Not even close to being any more ASIC resistant than X15 is (note that the ORIGINAL Baikal did X15).

417  Alternate cryptocurrencies / Mining (Altcoins) / Re: Happy New Years! Seventh alt coin thread! on: March 16, 2018, 09:04:49 PM
Does anyone in this experienced group know if it realistically possible that equihash can be "asiced" in the near future? I am familiar with the argument that anything can be with time, but don't know the technical details well enough to judge how close the zec devs came to long term asic resistance with equihash.


Massive amounts or RAM required makes it pretty resistant.
It's also generally strongly limited by memory access.
Really? You don't need a lot of ram to mine equihash, do you?
Neither is it an algo that profits massively from gddr/hbm speed (nor latency) from what I have experienced?...

3 GB is a lot more RAM than any FPLA has.
Might still be able to get away with 2GB on some of the "spinoff" coins though.
418  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 16, 2018, 06:50:58 AM

Have not kept up. How many coins do people think will actually FORK vs  just making noise....is this unit really gonna be in trouble, due to all the forks


Monero has announced fork on March 28, and several of the common miners for CN (stak-xmr and xmrig to my specific knowlage) have already updated their code for the new algorithm.

Electronium (ETN) also announced they would be forking, but I've not seen a specific timeframe for them yet.

419  Alternate cryptocurrencies / Mining (Altcoins) / Re: Baikal Giant N - Cryptonight, Cryptonight-lite FPGA/ASIC miner on: March 16, 2018, 06:48:45 AM
Who on earth is buying up these miners? They're sold out!

After reading XMR's reddit's discussions on the matter, it's a complete waste of time to get these miners because XMR is going to fork before these miners are released.  


"complete waste of time"  and yet they are sold out.


Barnum is outdated.
It's not a fool born every minute any more, it's more like one born every SECOND.

There is also the question of how BIG batch 1 was. If it was only a few hundred, instead of Bitmain's tendancy to release batches of a few thousand, it wouldn't TAKE all that many folks that DON'T know about the Monero fork.

420  Alternate cryptocurrencies / Mining (Altcoins) / Re: Bitmain Antminer X3 -- 220KH+ Cryponight - 550W on: March 16, 2018, 06:45:34 AM
95% of CN coins will change algo for sure. There's no way on earth that this could be profitable in the long term, unless you got free electricity

XMR and ETN have already announced they are doing so - that's 90% (give or take a percent) of all Cryptonight total network hashrate right there.

Less than 100 Mhash total between ALL THE REST of the CN coins combined....
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