BTC has been down since a long time now. Although the support for BTC's price was strong at $3400, bitcoin was struggling hard to break the resistance at $3600.
We have been seeing minor gains in bitcoin's price from past few days and just now I noticed that bitcoin finally crossed $4000.
Lets see how high the price goes before another dump. I hope this starts the bull run we all have been waiting for.
Well, i hope it stops climbing and stays there for a while. The slower it moves, the better. I guess with Chinese new year over the next event would be the climb to the halving, tho there is the following Chinese new year right before that. And Bitmain announced their S17 "28% more efficient than the S15". so expect a jump in the hashrate... |
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What are you talking about? Blocks are discovered by pure luck, if you want a higher frequency, bring more hashrate to the pool.
Bring an Exahash and everyone would earn more than on any PPS pool right now. So why are some fools still mining on PPS pools? Because they can't manage themselves. The largest miners are the ones who benefit more from PPLNS.
Frequency of block discovery will not increase or decrease your profits, but will reduce the variance in a given period, to the point it will almost look like PPS but better paid (and risk free).
So bring those whale miners here if you want higher block frequency. Whining at Kano is like yelling at the dice for not getting a double 6...
totally agree but for some that have to pay the electric and without a decent reserve, several weeks with no payouts can wreck them. Some of them need the steady payouts to just stay afloat - for them, large pps pools might be a better idea but I do agree that pplns is way better and if we could quadruple the pool hash rate, we would be killing any/all pps pools in payouts. but long run, like you said, the luck will work out and their net payments should be pretty much equal either way they go. It is all about that luck  The PPS pools act as a "reserve" for them, but that comes at a price of higher pool fees and the possible loss of the money "in transit", in case they get "hacked" or the pool it does not (really) have the proper reserve to withstand an extended bad luck period (or a combination of). I guess a day/week loss of payment for a single asic miner isn't much to worry, but the whale miner would lose a fortune. Ironic they rather take the risk than learn to manage themselves. If the PPS pool fails a payment, then they would fail with it. Essentially you are trusting the pool like you would trust a bank, hope they can keep that "reserve" safe... And how can you audit if your PPS pool has the appropriate reserve levels? |
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FULL SPEECH: President Trump Addresses Crisis In VenezuelaHopefully the situation will come to an end soon, there are good chances this will finally be resolved pacifically. All the military need to do is disobey Maduro and let the humanitarian aid in, recognize Guaidó as president Interim and let the presidential elections occur. Bonus points if they detain the usurper and his close associates. Only then will the Venezuelan people finally be able to breath, after years of asphyxiating socialist economy a return to a free market economy will end the shortages, next is ending the rampant crime. |
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SO the S11, S15, T15, S17 and T17 are all 7nm? Why bother with so many models?
Ok NVM, i see the chip model number have increased as well. I wonder what will the pricing be, and when will MicroBT respond...
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We are offering electric power at price of 0.03$ per kWh, we have our own field, logistics, maintenance group and energy resource and committed to provide best service. We are offering Hosting and Colocation. And we are glad to invite you to visit our company and have tour to our locations and infrastructure. This sounds very good if its not a scam, I hope we can get an independent confirmation. Could it be they pay a lot less than 3¢ kw/h and are profiting solely of that? Or there is something else in their payment structure I'm missing? |
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...Anyone wanna help me out and let me know what the current ramp up time is?...
by my calculations: Estimated time for new miner to hit full 5N: 52 days, 8 hours, 48 min, 51 sec Anyone else getting errors at http://www.yourcomputergenie.com/?Warning: file_get_contents(https://blockchain.info/q/getdifficulty): failed to open stream: HTTP request failed! HTTP/1.1 502 Bad Gateway in /home/content/89/6839089/html/index.php on line 31
...
Warning: Division by zero in /home/content/89/6839089/html/index.php on line 87 |
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I just checked and SSH has the same password as the web.
As long as neither is admin or root... and try to use different passwords on each miner, test them BOTH (WebUI and SSH). I clearly remember having changed a web password in an S9 that did NOT change the SSH password. This might have been fixed at a later firmware version, or it might depend on model. Make sure you stick to Linux in your mining operation, all you need is a browser and a console anyway, and the password manager of course. Leave windows for games at home, only use Linux for serious things. Also always keep around a live iso, optical disc or usb thumb. Don't say "i don't know Linux", just USE it. Download it (its free) and start using it right away, if you can use a computer, you can use Linux. Anything you don't understand, search online or ask in forums, chats, etc. |
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It's on the main page, 0.00004148 BTC / TH/s currently. The calculator is at the dashboard section, you will probably have to create an account. Just to add - I've been mining at the op since September 2018, and despite having a bad luck spree with blocks, they managed to make the payouts every day. So I do believe they have a reserve (no idea how big it is). Furthermore, they proved to be the most profitable. A friend of mine, Homeminer @youtube (not a product placement) has ASICs set up at different pools and he has a spreadsheet updated with every difficulty change (though it is in russian - there won't be difficulties with understanding it). https://drive.google.com/file/d/12lZZfG_raBWe2NssfZDSo-sBBc8-3Qfr/viewHere is my "Google translation" in bbcode (because google docs are overrated): | Pool name | Pool power | Btc payout thresholds | Support rus | application | AsicBoost | payment systems | Special features | 1 TH * 24 hours in BTC | Fee | Fact of accrual | network commission | | 1 | EXpool | 3 PH | not | not | not | Yes | PPS | Manual registration. Manual payout. Own firmware. | 0,00004179 | 0% | 0,00004179 | pays for pool | | 2 | Sigmapool | 207 PH | 0,001 | rus | development | Yes | PPS | pool commission 0%. Detailed statistics that some even scares. There is a FREE firmware for overclocking antminer s9. PROMO CODES (bonus to income + 0.5%) | 0,00004148 | 0,5% | 0,00004168 | there is | | 3 | Dpool | 1,65 EH | 0,001 | English | *Yes | Yes | FPPS PPLNS | * The application is not available in the Russian Appstore. * Asic added to Pool in a few seconds / Hashrate 1 in 1 matches what the asic shows | 0,00004084 | 1,5% | 0,00004084 | pays for pool | | 4 | Antpool | 3,63 EH | 0,001 | rus \ engl | Yes | Yes | PPS+ PPLNS SOLO | charges you 2% plus about, but first takes 4%. The usual Chinese pool. Sometimes it cuts the hashrate. And oochen for a long time connects the asic to the personal account. 4% plus, and 2 take away))) | 0,00004231 | 4% | 0,00004045 | pays for pool | | 5 | BTC.com | 6,6 EH | 0,001 | English | Yes | Yes | FPPS | Plain Chinese with NMC Commission and Coin | 0,00004148 | 2% | 0,00004029 | pays for pool | | 6 | F2pool | 4731 PH | 0,005 | English | Yes | Yes | PPS+ | Pay the network commission. Sometimes the cereit is cut .. Poole Chinese. | 0,00004129 | 2,5% | 0,00004025 | pays for pool |
TOP 6 Pools
for mining Bitcoin "2019"
FEBRUARY WITH REGISTRATION ON SIGMAPOOL PROMOCODE: HOMEMINER gives + 0.5% to income |
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The solution would have been to not have an owner in the first place. The only shareholders should be stakeholders and that way the interests of the company would always consider the interests of all stakeholders, most of whom are workers.
The current shareholders have no skill or efficiency. Shareholders hire people to run the company. That doesn't have to change. "worker control" is not a literal sense but in terms of power hierarchy. Workers have no interest in their company being run inefficiently.
The socialist economy you describe is nothing like anything socialists are advocating. Complete misrepresentation.
I mentioned programs like TARP in the OP. Those sort of programs could invest in builidng cooperatives instead of corporate welfare. Mondragon in Spain is a perfect example and it is much more efficient than a company like GM. Unfortunately that only works when the workers own the company, not the State. So a cooperative, like Haier, and not a state owned company like CNPC both Chinese. Also unfortunately, many socialists advocate State ownership, not worker's ownership. As cooperatives are seen as another kind of capitalist company, only with a bit more horizontal hierarchy. Ideally there are no employees, but cooperatives can and often do employ people who do not own any shares. In fact in a free capitalist society, a group of disgruntled "exploited" workers CAN leave en mass and form their own company, as long as that State isn't colluding with the former companies by giving them protections or special privileges. This is far from what we see in all "attempts" of socialism. Venezuela had a few attempts at worker's control, and the State itself dissolved them, or let them rot, because in a "command" central planned economy, if the bureaucrat doesn't "assign" you raw materials, or foreign currency (promptly), or let you set your own prices you go bankrupt. And they rather "assign" resources to their own (corrupt) people, ironically accusing the workers of being thieves or anti-revolutionaries (because in "socialist" Venezuela, if you don't raise prices to compensate inflation you go bankrupt, but if you raise the prices you are an agent of imperialism seeking to overthrow the gov.)... The giant obstacle of socialism is the abysmal separation between theory and practice. "if only people behaved this, or that way", but they don't (unless coerced). Capitalism, at least exploits people's greed in a way where everyone ends benefiting, so long as the state remains small and out of the way... The free market solves things with a near realtime highly scalable voting system called: "your wallet". This is forcibly taken away in Socialist States "in the name of... workers, revolution, party, blah, blahW) by bureaucracy. Even if you practice some form of "direct democracy", you cannot take decisions as quickly and efficiently as the free marker. By the time a decision is made, it is always too late, to little, too much, too high or too low. "Communists" have it worse, as they push for a super strong omnipotent State dictating the economy and all aspects of life that "somehow" should later dissolve itself (never going to happen). In "capitalism", you work because you need money. Socialism wants you to not need money, so there is no reason to work. Then no one makes anything.., except the bureaucrats who get to decide who eats and who doesn't, until the last resource is exhausted. |
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jes of course. who controls the financial system in a democracy?
thats the true master, everyone else is a debt slave as he is forced to ask for permission of power. Only because Americans have the bad habit of getting in debt instead of saving (holding) to buy things (and that's what the Chicago school of economy teaches for entire countries) doesn't mean you should. You have the freedom to live without debts a modest life, like many Chinese people living abroad do. You are the only ones giving power to the "financial system". Why are you giving them your money when nobody forced you to? Sadly most wages are still paid that way, but at least you can withdrawn them immediately and purchase bitcoin. |
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Googlefu has failed me. Is there scheduled mining support? When Summer hits I'll have to deal with Smarthours, sometimes the kWh cost will hit 0.44/kWh and I'm often not at home to unplug the systems during these events. And I'm forgetful. I'm looking for some way to tell the S9s to stop mining and use just minimum power for about 5 hours a weekday. I usually have a day's warning on when high cost events will hit.
Try the crontab tricks mentioned before, but instead of changing speeds, use an invalid pool so it never gets any work to do... |
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yaaaaaah
Where are the blooocks, wth. Sorry Kano but this is painful. What are you talking about? Blocks are discovered by pure luck, if you want a higher frequency, bring more hashrate to the pool. Bring an Exahash and everyone would earn more than on any PPS pool right now. So why are some fools still mining on PPS pools? Because they can't manage themselves. The largest miners are the ones who benefit more from PPLNS. Frequency of block discovery will not increase or decrease your profits, but will reduce the variance in a given period, to the point it will almost look like PPS but better paid (and risk free). So bring those whale miners here if you want higher block frequency. Whining at Kano is like yelling at the dice for not getting a double 6... |
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Hawaiian scholars argue that cryptobinary can heat the atmosphere by 2 degrees in just ten years. According to them, 69 million metric tons of CO2 appeared in the atmosphere in 2017 due to mining, and if nothing changes, the atmosphere will heat up by 2 degrees Celsius in the next two decades. This is a catastrophic indicator that can lead to a global environmental disaster.
what do you think about this?
is it worth thinking about it?
You don't have to worry about it because the market and the design of the coin will correct this. See the main reason people are complaining today? bitcoin price fell, so its not profitable to mine anymore... Exactly, everyday that passes mining will become less profitable. There are less miners, and they have to buy more and more expensive machines, until eventually even the most efficient of machines will not be profitable, unless the miner invested in free renewable energy, such as solar panels. And you know what, this is GOOD. Yes, bitcoin price will go up, and will give mining some more breathing again, but slowly every breath will be shorter and shorter, until the last remaining miners are all those with "free" renewable energy. What needs to be done? Nothing. It is working as intended. The 2°C are, by the way, the entire CO2 human consumption, not "cryptobinary" (I'm assuming you meant cryptomining). At the same time electric cars are coming and things will stabilize |
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nope in socialist societies you also work for money. but socialist societies focus on infrastructure investments, in capitalist societies when no one is opposing it, the capitalists usually just centre the economy on themselves the problem with capitalism is that it is just an attention hack with a bunch of money printers taking power and then trying to controll the financial system and centre it on themselves. like we can see with bitcoin (lambos, moon corrupt cryptocurrency index etc.). This occurs in collusion with the state. A BIG state with lots of "controls" bureaucracy and meddling, such as Keynesian or the Chicago school. If they can "money print", they have the control of the money. Austrians proposed just using gold almost century ago, but we now also have crypto which can't be tainted neither by state nor private conglomerates. Some people got in early and cashed the benefits (and some were fool to sell at a loss or not hold, etc) so be it, its within their freedom. The coin is out there and can be used. With time its price will slowly stabilize, and go in the deflationary direction, if only because every fiat and even some cryptos go the inflation way... I think the best way to oppose socialism is education. Lets start here: 💱 Price System | Free Market vs. Government Intervention
 "Do nothing" (to the government) is exactly the opposite of socialist thinking. Socialists want the almighty government to meddle in everything, but it turns out they make things WORSE, when they do so. It "sounds" desirable in theory, until you learn how things really work in real life. My country went down the path of (real) socialist economy, and is now among the worst living conditions on Earth for the vast majority of its citizens (as opposed to a small super rich elite connected to the politicians) Ironically, exactly what the socialists denounce they will "correct" (by force under State intervention), ends causing a much worse situation. Austrian school economy is powerful against socialism. Most of their rhetoric finds (correctly) flaws in other types of (unfortunately) more popular schools of economy. Ie. Wealth by debt is fast, but produces constant bubbles and recession. That's the economy supported by fractional reserve banking, it is the same economy that keeps Ponzi schemes profitable, after all, there is people getting rich |
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I think we all knew this was going to come sooner or later, Trump has officially declared a national emergency regarding what he calls "an invasion of the country" I don't know if everyone this section will agree with this, though I personally do think that a border wall (and more funding for border security) is necessary to combat the problems we have at our border.
Trump is going to be able to divert around $6.7B from other appropriated areas to use towards his wall + the money that was secured in the last spending bill, which I'm pretty sure is around 1.4b
Lets see what yall think about this! I think you need a moat, and alligators, maybe. What good is a wall when anyone can build tunnels under it? Does building this wall provides US jobs? It would be a bit hilarious if they end employing Mexicans to build it (because cheaper labor). The wall is probably not going to change things much. The country is too big to wall it in. What about entering from the sea?, what about entering from Canada? |
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Can't open the homedepot link (Getting Access Denied error) finally saw it (thanks anon proxies), it combines the dark (thermal/noise) insulation fabric used inside cars with the thermal silvery insulation. Nice. The fire blanket is made of fiberglass. I saw in an unrelated youtube video about sound insulating walls that fiberglass is a good (and cheap) sound insulator. For walls they have rolls of a much thicker variant of it. I saw the silvery thing being used as heat insulation under a roof in a hot tropical climate, it reduced a whole 10°C from 48°C at the underside of the roof (too bad that roof didn't have solar panels), a warehouse they were finishing building they sandwiched two layers of that silvery insulation fabric with polystyrene panels under the roof (polystyrene/silvery fabric/polystyrene/silvery fabric); wonderful thing for thermal, not sure about its sound insulation properties, but i know for a fact that polystyrene itself doesn't work for sound insulation. The son of the warehouse owner will be taking some drone shots.
Should look nice.
Our real hope is to do a lot of these warehouse builds.
Ever considered doing it abroad? Here in the Caribbean there is so much wasted sun... |
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I tried this pool for 12 hours and if it is going to attract miners needs to increase their PPS more in line with their competition. With 20th I did not make what I can in 12 hours with other pools. Yes, but it would be more interesting and for the benefit of others, if you would tell us the actual numbers. And which pools do you refer to as well. |
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Hey, thanks for your quick answer! I'm using 3.3.4, and I downloaded it from the actual website. Do you think I should try to reinstall? Should I make some sort of backup before?
We're just the same version used. Yes, always remember and kept in mind the password and you must save in a piece of paper the 12 words of recovery seeds phrase. If you have that all you can reinstall your Electrum wallet and download the new version. Remember this: P.S: ONLY DOWNLOAD ELECTRUM FROM ELECTRUM.ORG; that’s the ONLY real website.
And this: How to verify your Electrum [Windows, Linux, Mac]install homebrew from http://brew.sh/brew install gnupg
gpg --recv-keys 2BD5824B7F9470E6
wget https://download.electrum.org/3.3.4/Electrum-3.3.4.tar.gz
wget https://download.electrum.org/3.3.4/Electrum-3.3.4.tar.gz.asc
gpg --verify Electrum-3.3.4.tar.gz.asc Electrum-3.3.4.tar.gz
gpg: Signature made Fri Jan 25 19:51:07 2019 UTC using RSA key ID 7F9470E6
gpg: Good signature from "Thomas Voegtlin (https://electrum.org) <thomasv@electrum.org>" Everyone should get in the habit of verifying the file they download with gpg. Its not impossible for a malware to change the hosts file on the system to redirect electrum.org to a phishing site... |
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I am sorry for the font. I find it a little difficult to read the default font. But since most of you dislike it I won't enlarge it again. Almost all browsers allow you to "zoom in", maybe press ctrl + or press control and move the mouse wheel. This would enlarge all the fonts on the site you are visiting, without affecting what others see. is it possible to reconstruct a block-chain from the last block only? If I used the last block hash code and did a reverse hashing, this is supposed to give me the data of the previous block. No, you cannot reconstruct the blockchain from the last block, it goes in one direction only. |
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You need to register to use the wallet, and I think it's also very useful to use and it's very nice to have it later. This is a lie, what are you even talking about? Online wallets? Learn the difference. Electrum had a phishing attack going on, but it wasn't vulnerable, only the users believing the fake message. Same as people receiving bogus emails, you should ignore and discard them. From v3.3.3 onward, Electrum no longer displays messages from servers so this problem is resolved. Of course you are free to experiment and pick one of many wallets. The "Light" wallets sync immediately, while others need to download the entire blockchain (which is approaching 200g). Although you are not required to keep the whole blockchain locally, you can help the Bitcoin network by keeping it, especially if your internet speeds are above 10mbps. |
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