It is nearly impossible to hide a large mining operation, we are talking dozen Megawatts 24/7.


For Altcoins it makes sense, since some batches are big enough to double the hashrate, i.e with very low power consumption they make a lot of $$, but with Bitcoin, the math does not add up.

Exactly, so what is the point? None of the ideas mentioned above is cheap,Novec fluids are expensive, the whole immersion setup is super expensive, makes no sense for it to be a temporary set up that does not run 24/7, besides, if these gears were more profitable to mine with last night what has changed today?

Besides, mining in China is officially illegal, no way Bitmain would get to mine with that much gear in secret, so what, send them overseas to mine then ship them back for final assembly?

If Bitmain makes more money mining than selling then they would have kept all the new gen gears, if selling gets them more money why bother risk running them in house?

It could be, but I don't know, I think the cost for such a setup would be pretty high, especially with the new hash boards that use busbars that need to click-tight to obtain proper voltage, the hash boards can't be just hanging in free air, so the rack/mount that holds them needs to carefully designed, but ya, Bitmain folks are smart, am sure they would have figure a way to safely abused new gears and still sell them as brand new, I just highly doubt it's as simple as many people think, as in, they don't just put the whole miner as is and then dust it off and send it, they would have been caught a long time ago if they did that.

There is something not right about this winter, today I had to turn the AC on (on cold) because it was a bit hot, usually around this time of the year it's actually pretty cold, not too cold whereby you need to run AC on hot, but you would need to at least where long sleeves and use a blanket at night, looks like we are going to have a warm winter, not sure how things are on the other side of the planet.

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I see I don't claim Bitmain won't do such a thing, they are dirty enough to sell used gears as new, and this "theory" has been there for many years, however, I find it technically difficult to implement, am sure the two of you as everyone else in this section have had brand new gears before, brand new gears are just different, heck, even the smell is different before they start running for the first time.

I mean, running gear for a while and then selling it as brand new to someone who knows a lot about miners isn't going to be an easy task, I have a habit of disassembling some brand new gear when I first receive them (because I know I can't send them back for warranty claim if they arrive DOA), and those gears look sparkling new, running them for a few days will most certainly put a mark on them.

Not saying it's impossible, but if they do it, then they need to run those gears in a super clean environment, like server room grade, but then again they need to add that "fresh plastic/solder" smell.

Have there been any incidents where someone reported receiving gears that they at least "doubt" the brand-new claim? since the lawsuit against bitmain for having their pool by default in all brand new miners (I think around 2018-2019) all of their miners come without a default pool, out of the millions of gears they have sold ever since, have they not missed removing the trails of at least a few miners? 

Or maybe they have a way of using the hashboards before assembling them in the miner, like a huge hashboard-rack where they can abuse the hashboards before going into the final assembly? that way they can clean them and put them in fresh miners with brand new fans where everything including the screws would look as if they have not been used before?

What exactly is going on with this epoch? almost 400 blocks in and we are at -4.5 %, I don't recall seeing such a start for a very long time, it also looks like Antpool took the lead from Foundry USA by looking at the 7-day average.

The 1-Year average is 30,11% for Foundry and 22,01% for Antpool
The 6-month average is 29,83% for Foundry and 23,62% for Antpool
The 3-month average is 29,08% for Foundry and 24,84% for Antpool
The 1-month average is 28,28% for Foundry and 26,97% for Antpool




I want nothing more than finding out that you were right lol.

So what does that article read? they want me to sign up to washingtonpost, imagine having to go through the trouble of typing an email address and verifying it, and then pay $4 every month just to sign up to fake news .

The only border Gaza has is Rafah which is controlled by Egypt, Israel can't drop a fly on Egypt let alone bombs, but Egyptians made their official statements clear, they won't let 2 million people from Gaza enter Egypt, because that's exactly what Israel wants, they want to send every Paletstian out of Gaza so they can control it forever, besides, this isn't an issue that Egypt needs to deal with, if the Israelis want to wipe out Hamas and they want every civilian out of Gaza, they could send them north / east into Israel.



Well, assuming they do not end up burning due to direct airstrikes from Israel, your theory remains but an assumption.

We could ignore all the uncertainly surrounding the price movement and work with the incredible event of the halving, the halving is projected to take place around mid-April next year, probably sooner given the pace at which we are finding blocks, this means in 4.5 months rewards will be cut in half, what happens in the following weeks after the halving will be a survival of the fittest.

Post that, nobody will come out as profile or as strong, the halving will leave a huge scar on every miner including those who manage to stay, because there is just no way on earth that a 50% reward reduction would cause a 50% drop in difficulty, it never happened and it will never happen, however, what happens 4-6 months past that is going to be key, many companies and even small miners will have to reevaluate their positions, things will get ugly if the price doesn't spike to compensate the loss in the rewards.

This doesn't add up, silicon lottery does exist, but a 400w difference with the same hashrate and the same model is not possible, so what are you doing wrong? Are you sure they are both labeled S19 90TH? Is it possible that they sent you the Pro version instead? Can you post a screenshot of the hashrate and kernel log of both miners?


A slight improvement from different control boards might be possible ya, but he is talking 400w.

Prediction 2: $35,333.10
bech32 address: bc1qam9rpep8p8h50tvp52lfdtf5kt3tjhd7qwq9rr

It's impossible to guess the outcome of this unless enough time has passed, depending on how you look at it, you can easily be in favor of one thing against the other, the way I see it now is that the majority of on-chain transactions are not being used for P2P payments nor the average daily-life payment, also I see that blocks on average are nearly half empty/full, I also think that the majority of people treat BTC as a store of value simply "bad money drives out good".

I can also bet that this will never change, in reality, it will only get worse/better (depending on how you look it at), some years back people used to buy Pizza using their BTC. who is unwise enough now to spend BTC on Pizza? the more value BTC has the less people will spend it.

So it all looks like BTC could use another set of users without having a huge negative impact on the existing group.

Below is a weekly report of the current year's Max / Average blocksize, does it seem like the "average" users are fully utilizing the blocks?

Most likely the problem is with Braiins pool then, as simple as it looks assuming the above is accurate, to further ensure that the issue is indeed pool related you could try another pool besides Luxor, if it works without an issue then you can be 100% certain that the issue is indeed related to Braiins's pool.

I have not encountered this issue with any pool, i.e firmware and pool compatibility issues, only on Nicehash where Asicboost enabled firmware on the S17 needs to be pointed to a certain nicehash URL, also I have tried a few mining proxies and none of them was compatible with all pools, so ya, proxy - pool compatibility is a known issue, firmware - pool not so popular.

Yes, please send it to Talkimage donation address, also I won another price prediction contest in the German section (I asked for the prize to be sent to Talkimage/joker_josue to help maintain the great service).

Thank you again Phill for yet another fun round.

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Current difficulty status for the new epoch

138 من اصل 193 دولة تعترف بفلطسين كدولة مستقلة, يعني ان الاغلبية العظمى من دول العالم تعترف بدولة فلسطين كدولة.


كلامك صحيح بخصوص العملة ولكن على حد علمي بأن الفلسلطنين لديهم جواز سفر خاص بهم باستتناء عرب 48, يوجد ايضا صور ومعلومات حول هدا الجواز وان 39 دولة تسمح لحاملي الجواز الفلسطين بالدخول لها بدون تأشيرة, مسئلة العنوان هي مسئلة ثانوية فعند استخدامك للمنصة يجب عليك ان تختار بلدك ومن ثم ارفاق صورة لجواز السفر او رخصة القيادة الصادرة من تلك الدولة, يعني انني متأكد بنسبة 70-80% على الاقل ان المستخدمين ذو الجنسية الفلسطنية يقومو بتعريف انفسهم على انهم فلسطينين وليس اسرائلين داخل منصات التداول.

وانا ايضا اعتقد بما انه لايوجد اخبار عن منصات اخرى قامت بحظر حسابات مواطنين من فلسطين يعني على الاغلب انه لايوجد اي منصة اخرى تقبلهم من الاساس باستنناء باينانس.

Okay, so why not implement that concept now?


This is a perfectly valid point, when looking it zoomed-in at first glance it would give you this exact impression, but then regardless of how bad/low we think of these NFTs they are a utility that adds value to BTC in general, and the increased fees are just collateral damage, the same collateral damage that would happen when more and more people start to use BTC for "normal" transactions.

Let's think of all the collectibles in the world, the coin collectibles market is estimated to be worth over 30 billion dollars this year alone, it's all but an imaginary value created by the collectors that the rest of the world doesn't recognize, I personally don't think that some random coin which worth no more than 1 cent scrap value deserves to produce a value of $1000, but sure thing is, those collectors couldn't care less about what I think and this 30B becomes a real value injected into the economy and would benefit the economy of any country that plays a role in it.

For obvious reasons, if you want to use the mail to send a gift to your friend and the mail service happens to be limited and slow, you would have to "wait" or "outbid" those collectors, it would be pretty unrealistic to blame the mail company for it, as it is to blame those collectors and say no the mail service was not intended to be used by these folks to send worthless rusty coins.

That is why you can't really blame the miners for being greedy, besides, it also adds to the security of BTC, the more "value" transacted (regardless of what we think of that value) the more the hash power the economic of BTC can handle.



+1, which is why I don't think that Ordinals and BRC-20 as a concept should be "banned", but rather be used as an incentive to find new and improve current real working solutions that would solve the invadable problems that we will have to face sometime in the future anyway, I don't see that they created a brand new unknown issue -- they simply brought the same issue a little too early.

If everyone would just count on the fees to stay in the 1-2 sat range forever and don't want to contribute or even use/test other methods -- they would face the same faith regardless of the cause, be it NFTs or simply other "normal" users using the blockchain more often.

"legitimate" is rather subjective, technically everyone who transacts on the blockchain is a legitimate user otherwise -- their transactions would not be approved into a block, but what I want to know is, are you upset because other people use the blockchain in a different way that you use it -- or you are upset because fees are high?

If it's the fact that fees are high, then what happens when people start to actually use BTC for everyday life? like buying coffee, tea, paying tolls, or parking tickets, which would also take fees sky high, what is the complaint going to be then? why are these jerks paying for a cup of coffee with BTC raising my fees to send BTC?

Now I'd like to make clear that I am a miner myself, but I am small fish in a big pond, in fact, I am more affected by the fees than any extra profit I could potentially make, but for those large miners why do you think they should care about anybody's feelings? mining is just a business, if someone disagrees with the the way miners handle their business -- they could start their mining operations and include only the category of transactions they want, probably for free, in other words, leave decent money on the table.

See, I am not endorsing any of these stupid NFTs, I think they are completely worthless and I wouldn't buy the most expensive NFT for 10 Sat, but the general effect of this is value being created and transferred around, do I think these guys are stupid? I do, but I can't deny the value they add to the ecosystem, so maybe instead of fighting them -- we could strive to make Bitcoin cheaper to transact for everyone.

Even if we were all to agree to block this BRC-20 transaction -- the main problem won't be solved, it would just be pushed into the future, at one point, even what you call "regular normal" users will fight over the right and wrong transactions.

Bitmain has the most ridiculous modeling out of all the other companies, however, there seems to be something in common between Bitmain and MicroBT which is the weird PSU requirements, the reasons are beyond me, so I am not going to pretend to know exactly why they do this, but to me, it's just plain stupid,  an example of that would be P21E, P222C and P222B PSUs, these three output 14v DC, have the same input range, but all three are not cross-compatible, I did raise the question many times -- but have yet to get a reasonable answer.

I hope they have a good reason that justifies all this nonsense.

Not just that, but also the nature of science, to answer your question one needs to understand (CDF) exponential distribution, it gives you a clue of how often blocks are separated by  by x period of time.

Simply put the equation is exp(- x / mean)*100  where mean is your 10 mins block average time and x is the desired interval you want to solve and *100 is just to get a percentage readable figure.

So if you want to find the percentage of blocks that take 60 or more mins you can do

exp(-60/10)*100 = 0.24% of all blocks are expected to be separate by  60 or more mins

4 hours would be

exp(-240/10)*100 = 0.00000000377513454% which is a terribly small number.

We got the 82th, 86th and 90th, all with more than 300 days warranty left which means they have just left Bitmain's warehouse, , the 140TH is the XP version of the S19 and is a different model, it is pretty normal for Bitmain to still manufacture old gears that they can still sell, also just because they are labeled new and still under warranty -- it does not mean they were recently manufactured, they could been sitting on the shelf waiting for a new buyer.

طمع المنصة في الحصول على دعم او شعبية في الدول الداعمة لارسائيل لا يتعارض مع كونها مجبرة مجبرة على الانصياع الى طلبات الحكومات الغربية بالتحديد, لك ان تتخيل فقط حجم الدمار الذي سيحل بالمنصة في حال اعتماد الولايات المتحدة نظرية ان باينانس داعمة "للارهاب" وفرض عقوبات اقتصادية عليها, هدا سيعني افلاس المنصة وخروجها من الاسواق, انا لا ادافع على باينانس ولكن لك ان تتخيل ان مسؤلين في الدول الغربية تم طردهم من اعمالهم وتوجيه تهم لهم فقط لتعاطفهم مع فلسطين, يعني تخيل ماذا سيحدث لبايناس عندما تكون "داعمة لحماس وتسهيل تحويل الاموال لهم".


هل يمكن ان تعدد لنا المنصات التي تدعم فلسطين؟ هل يوجد اصلا اي منصة تقبل المواطنين الفلسطينيين؟

It has to do with the transaction fee spike, we have not seen this spike since June, and many blocks had fee rewards of over 1 BTC, I can't run the exact math on this now but anywhere around maybe a 6% increase in BTC profitability, which would translate to almost 6% more rewards and thus 6% more expensive hashrate, right now the average transaction is at 40 sat/Vbtye down from 100 just a few hours ago, so I think this spike is about over and nicehash prices should fall soon.