You can post in asic.to thread or reach out to taserz if he does not reply let me know and I will contact him off-forum.

have you actually tried to set a lower frequency on the bad chain?

I do agree to the majority if not all of it, however, what you seem to be missing is the fact that mining is treated as a "very short business valued in FIAT".

It is safe to assume that at least 95% of miners do it for profit and not for the love of bitcoin, the proof is, they shut their mining gears the minute they become unprofitable FIAT wise.

This alone should give you a good idea of why 95% of miners wouldn't listen to you in the first place. Now let me dig a little deeper into the "very short business valued in FIAT"

You see the thing with crypto mining, in general, is that the calculations are done very short term, in most cases, it's merely a period of 6 months on average, in other words, every mining purchase decision they make is valid for that short period of time, your theory is 100% valid if these businesses were to run over longer periods of years or decades, in that case, one would really feel that they are indirectly competing against themselves when buying from Bitmain.

These business "cycles" being too short due to the nature of mining gears' efficiency and the instability of BTC value in FIAT, the power bills are paid in FIAT and not in bitcoin, the "If I don't do it, someone else will" theory and the fact that most miners don't CARE about bitcoin price next year because all that matters is how fast they return their investment, all of these factors makes everything you just said pretty meaningless to them.

Even altcoin diversity is viewed as an advantage rather than the opposite, as far as FIAT profitability is concerned, the more alts the more profit, if for whatever reason Bitcoin fails they get to mine another coin.

So let's just assume 'hypothetically' the miners are greedy businessmen who want to make more $$ and don't give a damn about bitcoin, shouldn't you be blaming everyone else who doesn't mine bitcoin but owns it? in other words, shouldn't bitcoin hodlers be doing something about it rather than telling miners not to purchase bitmain gears?

A person X who pretends to love the technology, cares about its future and sees the wrongdoings of miners, they should at worst case scenario buy a non-bitmain gear and mine bitcoin even if they had to pay more for the power bill, so this phrase here


You are asking miners to sacrifice profit for the good of their and your bitcoin, in the long run, we know that sacrificing profit for bitcoin is equal to spending money on bitcoin, why don't you suggest that everyone who owns bitcoin should mine at a loss using a non-bitmain gear to protect the value of their money and thus protecting bitcoin?

if everybody who claims to care about bitcoin was to sacrifice a very little portion of the BTC ""which sitting in their wallets doing nothing" bought a small miner from a bitmain competitor, then bitmain gears wouldn't make up 10% of the total hash rate, but almost nobody does that, nobody is willing to give today to receive next year, and when they try to spend bitcoin they would pay the LOWEST fees they can, I have yet to see a person who sends bitcoin with higher fees when not required to just to support those miners who are sacrificing profit by not buying from bitmain, so now tell me, how do you expect miners to do all of this for you when you aren't doing anything? i find it lame that non-miners expect miners to leave money on the table for them when they are not willing to pay an extra sat per byte for miners.

favebook brought up a very valid argument which you seem to underestimate, allow me to make a better one on his behalf, or rather reconstruct in a  (funny/lame) way.

nullius, since you are an owner of bitcoin and your duty, is to protect it just as much as its mine, pay me the price difference between Bitmain and Microbt gears and I will stop buying from Bitmain.  

or in worst-case scenario.

nullius, please pay more fees for your transactions and stop paying the lowest you can so that mining profitability becomes reasonable enough for me to buy from another mining gears manufacturer.  

If you can't do that, you shouldn't be expecting him to leave money on the table, sacrifice is a two way street.

On a side note: all the "yous" are not directly pointed to nullius, it's just a representation of a miner speaking to a Hodler, nothing personal whatsoever, and I am by no means encouraging anyone to buy from Bitmain, in fact, if you have the choice and you can afford it you should always avoid Bitmain.

Paying 10 times more than the rest is not smart, paying more than what you actually need to pay is plain stupid, the guy was placing orders outbidding NOBODY but himself, he could literally obtain all the hash power he needed paying only 50% or less of what he actually paid and nobody would have outbid him, that dude was paying  8.154BTC for 90PH just to get a 1 in 9 chances for the whole day, in other words, he paid 68% of the potential reward which has 11.11% chance of getting him the remaining 32% which equal 4.3BTC and thus risking 2 to gain 1  .in simple English, stupid as hell as far as the numbers are concerned.

With that being said, I don't think the person is that stupid, I don't even think they were looking for profit, it's either a money laundry attempt or a software bug.

There is no point in changing the miner's password after it has been already hacked, the hacker doe not need the password anymore, he is already INSIDE.

in most cases and according to my experience with the same nicehash hacker, even a reset does not fix this, and when you attempt a firmware upgrade from the web, it will show "updated" but it won't, the hacker tricks you into thinking it was updated when it was not, I had luck fixing this issue on antminer S9 by using the IP report button method to reset the miner and then quickly before the miner loads I rush to change the firmware, and it worked perfectly, another option would be SDcarding a different firmware and then immediately change the password.

But you should be extra paranoid, assume that every device you have on the network is infected, especially those windows PCs, so to be extra safe, you should either use another PC/Laptop or a mobile phone to change the password for the first time after the new firmware and if you have a Linux based system will be great, if not any of the prior options is good enough.

What summary? where? how? you seem to have an issue with describing the problem you have, all we can do here is speculate the problem which in many cases does not work, you should at least upload the "miner status" page, take a screenshot using any snipping tool or even your mobile camera, go to this website https://imgur.com/upload, upload the image and paste the link here.

لم اقرا كثيرا عن اقتراح erc 777 لاستبدال erc20 ولكن احد اهم الاضافات فيه هي ميزة حظر عنواين معينة عن طريق عدم استقبال الاموال منها, فمثلا لو قام شخص بسرقة منصة يمكن للبلوك تشين ان يضع عنوان السارق في blacklist وبالتالي يصبح ماسرقه عديم الفائدة, يوجد العديد من المزايا الاخرى ولكن هدا ما اذكره بحكم انني لم تعجبني هده الفكرة اصلا, لانه البلوك تشين يجب ان لايكون فيه اي حظر لاي عنواين سواء كان مخترق , مطلوب للسلطات او غير ذلك, لان هدا يعيدنا للمربع الاول لساسية ال censorship او الحجب المتبعة من البنوك المركزية, حتى لو كان هدا سلاح فعال في سبيل الخير ومحاربة السارقين فهوا يبقا سلاح ذو حديث ومن وجهة نظري المتواضعة لا اقبل به.

اما بالنسبة للاختراق فقام الهاكرز باستغلال ثغرة تعرف ب reentrancy وهي موجودة في ERC777  وهده الثغرة تم التدقيق فيها العام الماضي ولم يتم اصلاحها , الطريقة التي تم تنفيد الهجوم بها يحتاج لفهم الثغرة جيدا وانا بصراحة لا امتلك الوقت ولا الرغبة في ذلك , اتمنى ان يقوم احد الاعضاء المهتمين بعملة الاثيريوم بتلخيص الموضوع  

https://github.com/ConsenSys/Uniswap-audit-report-2018-12#31-liquidity-pool-can-be-stolen-in-some-tokens-eg-erc-777-29

This is my top 1 most likely scenario, whoever did that was

 1- Desperate to get the power, they were way too far from other competitors, they could have paid half what they paid and still got all the hashrate they wanted, but they didn't care

2-  Knows enough about mining, their orders were divided between the 4 SHA256 markets ( SHA256 EU, SHA256 USA, SHA256AsicBoost EU, SHA256AsicBoost US)

The second point makes me rule out the possibility of a clueless person playing with a ton of BTC, and the first point rules out any rational or economical benefit where money laundering is not the sole motive.

Another possibility which doesn't go against any of the above points or I rather call them facts is a software bug, we could easily assume that nicehash is almost entirely controlled by bots, a simple glitch in the software makes the bot do stupid things.

الكهرباء التي يتم توليدها بالفحم ايضا رخيصة نسبيا, والارخص طبعا من حيث تكلفة التشغيل وليس تكلفة البناء هوا الطاقة النظيفة مثل الطاقة الشمسية , الانهار, الرياح و و, ولكن كل هدا لايهم في مجال التعدين لان سعر التكلفة والانتاج ليس هوا العامل الرئيسي في سعر بيع الطاقة, مثلا دولة مثل فرنسا تعتمد على الطاقة النووية بطريقة كبيرة وترتيبها التاني بعد الولايات المتحدة تبيع الطاقة بسعر يصل لي 5 اضعاف مقارنة بالصين التي تعتمد على الطاقة غير النقية مثل الفحم, ايضا الدول العربية في المتوسط سعر الكهرباء فيها ارخص بكثير من الدول الاوروبية التي يكلفها توليد الطاقة اقل بكثير من الدول العربية حيث ان الاخيرة تعتمد على الغاز والوقود الخفيف والثقيل وهوا الاكثر كلفتا لانتاج الطاقة, بدون الخوض في المزيد من الامثلة, رخص تكلفة الكهرباء لايعني رخص ثمن بيعها, مايهم في التعدين هوا سعر البيع وليس التكلفة.

Maybe.


I initially thought CW or Bitmain or anyone else for that matter was trying to pump their coin's hashrate, but it doesn't look like it, all SHA265 coins are pretty low in hashrate, nothing major is happening to any of them for the past couple of days, check them out.

The orders on Nicehach today were INSANE, many groups on FB/Telegram were talking about it, someone posted a screenshot and I thought it was a glitch or something, when I checked https://www.whattomine.com , found it was real! to double-check I went ahead and looked at the order book on Nicehash.



I want to hear your thoughts ( I have a few that I will share later) on why would someone pay 0.0906 BTC per PH/day? let's run the numbers in USD to make it a bit easier to understand.

0.0906 BTC a day = 650$ for 90PH he pays  $58,500 to make 1.55 BTC or $11,100 a day, that's a $47,400 loss per day or about $2000 an hour, why would anyone on planet earth pay 5 times what they can make? and by the way, this explains the crazy high payout from NH today.

لا اعتقد ان هناك اي شخص يعرف من هوا ساتوشي, ربما يكون theymos نفسه, ربما يكون شخص اخر موجود معنا بتاريخ اليوم, ربما لايوجد شخص اسمه ساتوشي بل مجموعة من الاشخاص او منظمة عالمية او اي شي, الامر لايهم الان, لتسهيل الموضوع على نفسي احب ان اعتقد ان ساتوشي شخص ياباني ذكي كبير في العمر, اخترع البتكوين ومن ثم توفاه الاجل, وكل ماتبقى من اثره هوا هدا الاختراع العظيم.

لايوجد اي معلومات بخصوص العضو رقم 11, ولا اعتقد ان اي شخص يعرفه ايضا.

of course, they are reversible so if you don't like the firmware you can go back to bitmain, although there is a good chance that you might prefer it to bitmain even if it doesn't fix the issue you have, you will be able to overclock the other two working boards to get something close to the initial hashrate with 3 working boards.

في الواقع كنت احاول شراء الرصيد لصديقي, في البداية قمت باستخدام موقع https://www.coinsbee.com/en/ واشتريت له بطاقة 10$ للتجربة ولكن لم يتمكن من تعبئتها, فعند اتصاله بالدعم تبين ان البطاقة صادرة من "ايران" وان عليه ان يستخدمها في "ايران" او طبعا عبر VPN في ايران ولم يتمكن من ايجاد VPN في ايران, فكرت في البحث عن مواقع اخرى ولكن المشكلة مع كاش يو كما تبين لي انه كل بلد له بطاقاته الخاصة يعني لابد ان يتيح لك الموقع الخيار في شراء بطاقة الدولة التي تقيم بها, الحل الاخر هوا "تحويل" الرصيد كما طلبت انا في الموضوع لتجاوز موضوع اختلاف البطاقة عن دولة الاقامة.

في المرة القادمة ان احتجت لذلك ساقوم بتجربة Huobi , سيكون من الجيد ان يدلي اي شخص بتجاربه مع المنصة في شراء وبيع البتكوين بصفة عامة.


نعم الوسيط اخي خالد.

You are wrong. This is what I said


It's common sense that both GPUs and ASIC or even CPUs have things in common, from choosing the right coin, the pool and creating a wallet, I stated that clearly


Now for the things that are ASIC-Only-Related, mining with a GPU teaches you absolutely NOTHING about ASICs (not mining), I think I made that clear enough, I am not responsible for any miscomprehension or cherry-picking.

Then why buy a GPU and ONLY then buy an ASIC miner? obviously one should learn about mining before investing in it, that's common sense, my argument is that the point of "go GPU and then go ASIC" when initially you want to mine with an ASIC is an unnecessary step.


Again, I did not say anything that goes against this statement, I 100% agree to it, it's missing one single part IMO and it should be


Please allow me to shed some light on the fact that GPU mining is NOT cheaper than ASIC mining, buying a second-hand S9 is probably cheaper than buying the cheapest GPU rig available, at worst case scenario - cost is equally similar, so there are no advantages in terms of the initial cost here, and since the price factor is out of the equation, the leaning process or say the closest thing to "Plug and Play" as OP wants it to be, there is no argument that setting up and ASIC takes less than half the time you need to set up a GPU miner, I mean its almost a plug and play for the most part, if you count the steps from unboxing to payouts you will understand why ASIC miners are way easier to work with but if you want me to go into great details on how one can set up 5 miners at the same duration they need to assemble a single GPU rig, let me know although I think that is common sense.

With that being said, if you happen to actually own a GPU, even an old one that hashes a few hashes above zero, you should certainly play with it before buying any mining equipment regardless of what it is, and honestly, with all the information available online, it's pretty easy to read and understand MOST of what you need without even trying.

Don't send any money to Bithull, they will scam you.


I would argue that setting up an ASIC miner is a lot simpler than mining with a GPU even at Nicehash, I own both ASICs and GPUs and when I started mining with GPUs I was far from a beginner in terms of dealing with hardware, and I can tell you it was not really too easy, with MOST GPUs overclocking is a must, and then you get to the part where you have to configure Claymore and all that, I am not claiming it's rocket science, it's doable pretty much by anyone who understands how to install a driver but IMO mining with an ASIC is simpler and easier by a few steps.

Another thing I would like to mention is that in most cases mining with a GPU doesn't really teach a thing about mining with an ASIC, aside from picking the right pool and all that, the experience is TOTALLY different, the difference between a GPU miner and someone who never mined with a GPU is little to nothing when it comes to having an ASIC, so in general, I am against this theory of start with a GPU then move to ASIC, I used to think it works but now I don't anymore.

My advice is that if you want to end up owning an ASIC miner, start with an ASIC miner, there are no short-cuts, the only thing you could do to reduce the risk is by starting with small and cheap gear, even if you mine at loss for a while, once you know how to treat an ASIC, then try to grow.

All of the above worth much less if your power rate is not competitive enough, in my humble opinion, anyone who has a power rate above 6-7 cents per Kwh should discard mining altogether, that's not a solid rule, maybe not even agreed upon by so many people, but that way I see it is that mining, in a nutshell, is a "power rate competition", when the average rate for huge farms is 2-5 cents, how does one expect to beat them long term with 8 or 15 cents? I just don't see that happens unless you want to count on your luck, which in that case you should probably just buy crypto and hodl it.

I don't claim to be an expert on how Google search engine operates, but I think that when you break the link the way you did, the topic becomes less "reachable" from the search engine, which as explained in my previous post lowers the chances of potential victims finding their way to this very topic.

In fact, sometimes I think that there is no way for someone who has enough knowledge to operate a PC or a Phone to actually fall for such an obvious scam, but you will be surprised by the number of victims, remember Siwssminer? 

On a side note, I started a topic exposing these scammers, would appreciate your input, pretty hard to convince a non-miner that those specs are scammy.

bithull is yet another scam company that pretends to sell miners which are out of the world.





350 terahash at 550 watts, that's an efficiency of 0.65 Wat per terahash, it's most likely that nobody alive will live long enough to see such a mining gear unless some aliens build it in their world and ship it to planet earth, there is no way they can be close to 0.1% legit.

And like I usually do with these scams accusations:

TL;DR

Did they scam anyone yet? Not Sure
Are they scammers? 100% YES.

Stay safe.

السلام عليكم..

هده اول مرة احاول فيها شراء شي في القسم العربي, اتمنى ان تجري العملية على مايرام.

مطلوب : 250$ رصيد كاش يو ( تحويل من حسابك وليس بطاقة نظرا لاني على الاغلب من بلد مختلف عن بلدك)

الدفع: بالبتكوين او USDT او اي عملة مشهورة.


**طبعا ان لم تكن عضو معروف فعليك ان ترسل اولا وساقوم بالدفع بعد الاستلام, او يمكننا استخدام وسيط Escrow من المنتدى.

شكرا.

---

تعديل تم الشراء مشكورين جميعا.

OP, they are 100% Scam, don't even bother!


Why are you guys suggesting that he should remove the link? he should keep it, at least when people search for it on Google, there is a chance they might find this topic and read our comments if there is no reference for Bithull miners here then it will be hard for them to find it, I suggest keeping the link because many people search for keywords such as  "https://www.bithull.com/shop/ scam", anyway I am starting a topic against them in Scam Accusation, it should be ready soon, will put the link for it here.