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Yes I think you are confusing the E3 with an FGPA which is reprogrammable. However the E3 is an ASIC and its hard-coded on the silicon chip and even one slight change cannot be done unless you create a new fabrication chip which costs millions.
This is why many people always ask, what to do with old bitcoin ASICs. People want to "crack" passwords with them because its SHA256 however the way that its coded, you cannot even do that even if there was money to be mad "cracking" password.
Yes ETC forked and changed the algo to prevent ASICS, I don't know why they did this because the extra E3 hashrate on ETC network would provide more hashrate and security. I don't think the E3 posed as a threat. Maybe the devs just don't like Bitmain and their ASICS.
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LOL if only the people mining ETH in 2015 is able to see this quarell..you can mine it all in a day with a few 280x hehe
ETH was extremely profitable to mine (in terms of ETH not USD or actual profit) back in late 2015. It had a good launch and then I think those that bought the ICO ended up dumping everything and at the end of the year I think ETH traded at less than $1. An R9 280X didn't have any DAG issues with a low epoch, it actually mined at 27-28MH/s however it ate 200 Watts of power. So with $0.10 power, you were mining at a loss but generated 1 ETH per day per 280X. Imagine mining ETH with a single 280X back in late 2015, to sell at $1400 in Jan 2018? Basically what Satoshi felt pretty much. However most like me either didn't mine at a loss or they mined and sold when ETH hit $10 or $20. To mine at $1 a coin and sell at $1000 is extremely rare. |
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Looks like there are 32 memory chips per ASIC, so 32*6=192 per blade so 576 memory chips per Antminer E3. Like I assumed before they didn't use memory ram modules but just used the chips. Looks like they are DDR3 SDRAM instead of DDR2 like I thought.
Sure you can easily use a hot air station station to desolder one chip, but not 576. Each chip would take maybe like 2-3 minutes to desolder, then you need to solder the new chip, if its new then you don't need to reball it however if you are taking the chips from actual DDR3 ram you would need to desolder that, then reball the chip, and finally solder it onto the E3. Basically just not worth the hassle. Even with all the free time we got during covid this job wouldn't be worth it. Then you would need to recode the firmware so it recognises the higher density chips. I'd say its officially a doorstop.
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There are reports of another ledger hack which has more personal details leaked. This time the name, phone number, email and address are leaked.
I find it pretty crazy that they would store this stuff online to begin with. I suspect that since email, phone and addresses are leaked then most likely there is going to be lots of SMS sim swap hacks.
So if you are affected disable your SMS 2fa and use google Authenticator instead.
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I basically just checked them against eBay prices and they were far cheaper than eBay prices..
And the PSUs are bitmain PSUs..
Model:APW3++-12-1600
Both the same..
eBay and Amazon prices are NEVER a good estimate unless you are using the "Completed" option and you got at least 10+ sales in the past month or so. So basically for ASICs its a useless gauge. For years on eBay you could find over-priced ASICs. People just put overpriced ASICs on eBay because they know eventually someone without knowledge will overpay for one. I think you can salvage the PSUs and use them yourself or sell them on eBay and get some of your money back. Maybe the fans might be useful also. |
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The wallet I mined was one of the Nicehash addresses I was given. I don't know how it is now, but back in late 2017, if you wanted to mine to your own private BTC address they had huge fees added. If you mined to their own addresses and withdraw manually then the fees were lower.
So I had to manually login, sign the form that I accept the repay and won't sue them in future for any loses and the balance was there. However its so low that you couldn't withdraw the BTC due to min. withdraw fees and you couldn't withdraw ETH either. Only way was to convert to USDC and withdraw that. Which I did, but I still didn't get the withdraw. They either got bugs or they manually process USDC withdraw, who knows.
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I think I am having deja-vu because I remember an exact thread like this posted maybe 6 or 12 months ago. Someone goes to a store and buys some ASIC very cheap and then later on made a thread somewhere in this "Mining" section asking if it was profitable. I was so sure this happened that I had to look at the date to see if someone bumped this thread but it seems this is indeed a new thread. Either way the best way to determine profitability is just go to, https://whattomine.com/minersPut in your power cost and you are all set. If the ASIC is not listed there, like the X3 chances are its garbage. The L3++ is listed and currently under 0.10 cent power it loses about $0.30 a day, so I am assuming that the L3+ is even worse. What type of PSU is it? If its a normal computer PSU you can just Craiglist it. Some gamer will buy it. The PSU in the Antminer S2 I used in my gaming computer for years. If its one of those screaming server PSUs that's louder than a vaccum then most likely only a miner will buy it off you. |
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Yes I also find that the time was too short. I actually out of pure luck decided to check in on this thread back in Nov and noticed that they were going to do a ERC20 swap. In the past I maybe checked on this coin once every 3 months or so. Most people who invested in MUSIC in 2017 most likely don't browse their twitter, or medium articles. According to: https://etherscan.io/token/0x35747eb4c027ebbf0a7f4e642627afcd7fd8cd7a#balancesIt looks like barely anyone managed to do the swap. Only 23 token holders. Why so little? |
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I wish the guy would reply so we can find out how his stuff got stolen. I reread and responses and he said that he never clicked on any links in emails and only did updates from the official ledger site.
So it would be nice to get more info and find out what exactly happened here. Maybe there is some security issue with the hardware wallet itself however I haven’t heard of anything really unless this case.
Other people got theirs stolen because they clicked the fake link and put in their seeds on a private website.
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So I login in to my old Nicehash address to get my remainder of my payout from the hack. And unfortunately can’t withdraw because min withdraw is like 0.01BTC and I only got like $20 left since I withdrew 80% earlier in the year in case they went insolvent again.
Then I notice they have an exchange now. So I figure, ok will convert to ETH and withdraw that. And again I didn’t meet the min withdraw it was like $30 or so. Even BCH or EOS had like a $30 min withdraw. Then I noticed USDC was only $10 min withdraw. So I figured might try that. So again I converted ETH to USDC and tried to withdraw and a huge fee of $5 popped up. Since I wasn’t ever going to use nicehash again i figured might as well get my $10 at least. So made the withdraw, said successful hours ago and even sent me an email it was processed but still didn’t arrive in my wallet.
Oh well. I see nicehash going KYC soon since they got an exchange running now. Seems very similar to the old shapeshift now.
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Yes the extreme bitcoin maximalists insist on buying some cheap $20 inkjet printer and destroying it afterwards Office Space style to prevent any cache or any faint proceeding print jobs to reveal part of the private key.
If you want an ETH cold storage you can print a paper wallet with MEW. Not sure if its still possible but a few years back that it what I did. However with ETH, I don't know if there is BIP38 encryption so you will need to find a way to excrypt that private key for extra protection in case someone gets a hold of your paper wallet.
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What if...
Claymore = Satoshi Nakamoto ?
Satoshi ( profile;u=3) = Bitcoin Date Registered: November 19, 2009, 07:12:39 PM Last Active: December 13, 2010, 04:45:41 PM Claymore ( u=306958) = Ethereum miner and other Altcoin miners Date Registered: April 02, 2014, 11:29:01 PM Last Active: November 11, 2019, 06:37:41 PM The evidence shows that their 'registered' and 'last active' time were both 'PM' ( default bitcointalk time zone), I'd say that he's the same person. Wow, didn't realise that Satoshi was last active over a decade ago. Its a real mystery of exactly what happened with him and his riches. I think one day there will be a major box-office movie called "The search for Satoshi". He has billions of dollars worth of coins, you think he didn't sell any of them? He must have balls of steel pretty much. However there are times when there are coinbase transactions going back to 2010 which are being spent, maybe its Satoshi selling his mined coins in reverse of how they were mined. Given that a single reward block of 50BTC is over $1M now, he can probably sell one block every 2-3 years and still live comfortably. Whats also suprising is that even if Satoshi stays silent, his friends or family or enemies might not. And someone by now would of slipped and his identify would of been revealed. However its still a mystery. |
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So I don't have a hardware wallet yet, only the coinbase wallet app on my phone, which nothing in it yet. I wanted to move my pennies from coinbase website to the coinbase wallet app, and it costs a fee to do so. Do you also pay somebody a fee if you move coins from your "frequent use" hardware wallet to your "rarely use" hardware wallet? I'm wanting to draw up a best practices document for myself, and there's been a lot of detailed information in this thread which I appreciate. Since my plan is to hodl very long term everything I possibly can, would I want to offload everything I plan to bank for years onto one (or more than one as has been suggested) hardware wallet and keep it locked in my safe? Pull it out once every few months to dump from my active hardware wallet to the "vault" hardware wallet? If I'm talking about having multiple hardware wallets over time, does it still make sense to keep the coins on separate wallets if they are all just in a stack in the safe together in one place? Or if they are all in on place does it makes sense to just keep it all on one device?
If my home burns down and the safe doesn't protect them, what recourse do I have?
If I put them in a bank safe deposit box like Phil suggests, same question - if the bank burns down, or is robbed completely... vault and everything... what recourse do I have? As I think I understand it, the hardware wallets are just paperweights without the seed list. But if one is lost or destroyed, and i still have the seed list, can it be recovered in any way?
As I am planning to invest and to mine, both as part of my retirement plan in 20 years, I really want to make sure I set myself up right from the beginning to do this as best as possible.
I'm going to read up on "air gapped" computers today, that's a term I'm unfamiliar with. I think have a sense of it's context, but I want to understand it better.
Basically you pay a fee whenever the coins are moved from address to address even if you are sending them to yourself. Best time to move coins is when there is no pending transactions and you can get away with a 1 sat/byte fee. If you want to hodl for years then use a paper wallet like this, https://www.bitaddress.org/Save on USB stick, run on offline computer, make a wallet and use BIP38 encryption, print out 2-3 copies, destroy that printer afterwards, and put that in 2-3 different places. Like your house, your car, your bank. If someone sees it, they won't be able to do anything since its encrypted with BIP38. You don't need a hardware wallet, people were using paper wallet for years without any issues. |
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This is the perfect thread to post a comment on this. But did you know that in the last 24 hours, the amount of BTC addresses holding over $1 million dollars has doubled? Interesting isn't it? Does it mean that rich people are buying BTC over $20K and storing it on their wallets? No.
The reason why the amount of BTC addresses holding over $1 million has doubled is because all those original 50 BTC mined coins AND lost keys is finally valued over $1M. Its crazy how back then you could mine a block with a laptop and to be worth over $1M a little over a decade later. Too bad time machines don't exist.
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$100k is my main target for selling. Hoping end of next year price is over $100k and I sell just over $100k. Selling won't even start to cross my mind until it gets over $80k.
What % of your stash are you planning to sell? It might be a brilliant place to sell if we're looking at a 2013 scenario, where we had a mini bubble in April followed by the big blowout in November. The April run topped ~7x above the 2011 ATH, then the market crashed 83%. You'd make a killing on that. I'm a little worried we're looking at something different though. If it's more like 2017, we could go straight to $300K before the bubble pops. Selling everything at $100K would be extremely painful in that case. Just something to consider.  I don't think you should set a price to sell for like $50K or $100K or $500K, you should sell based on what the price is doing. If you look at the previous bull and bear cycles, there is usually a sharp rejection (2011,2013,2017) and there is a bounce to at least 50% from the top and if you sell then, usually its the highest low before starting the bear cycle. You can even use fibs. Either 50% or 61.8% fibs would work. So you can either guess and sell everything today at $23K or wait for it to hit like $50K, lose half its value going to $25K, and then wait for the 50% bounce and sell everything at $37.5K. Its not $50K but easier than guessing and selling everything at $23K. So whatever the ATH is, sell 50% from that ATH on the bounce. |
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This is the part where your mining proceeds will build you more rigs if you are not maxed out yet hehe
1eth = 1gpu .. Now what do you want? 1eth = a 6800xt a 6900xt a 3080 or a 3090?
Just like the old days when 1btc = 1gpu....sad to say LOL.
During a time when 1 BTC = 1 GPU, it wasn't possible to mine BTC anymore with GPUs. Average GPU price was $200 back in 2011 or 2012 when people still GPU mined. And the highest price back then was $30 if I recall. So At best 1 GPU = 6 BTC or so. Here is an interesting observation. Did you know that the very first block halving block was mined with a GPU? It was a Radeon 5800. Later that GPU was sold and someone is keeping it in their bitcoin mining museum. The guy that found the halving block, which was 210,000 had a nickname called "LaughingBear". Which is ironic because if he really was a bear he would be a frustrated one since that block was found, BTC kept going up and up. |
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Luckily you didn't lose much money, only around 11 bitcoins worth of ethereum so you can learn from this and bounce back.
I had to load the BTCUSD and see if BTC crashed down to $10 a coin because hearing someone say 11BTC is not alot of money would only make sense if BTC was double digits like in 2012. 11BTC is a significant amount of money. You would need to have a net worth of at least $5Million+ to consider quarter million to be pocket change. I don't think he will earn it back. Most likely he mined these ETH back when ETH was like $10 a coin and hodl'd. Only spend money on electricity and GPUs. So very little initial investment. Kind of like how everyone who mined BTC back in 2010 is lucky if they held till today. If they lost it all due to a hack, do you think they could earn it back? Probably not. |
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can it control fan either?
i have got problem in separating one card from other.. i want to enter different wallets
--devices 0,1,2,3,4,5,6 --devices 7
it freezes in miner setting up
You can control temp of the gpus, to avoid and extra hot. --tstop 75 --tstart 55 --tmode edge --> will mine until GPU arrive to 75C, then will stop until GPU is 55C to continue mining --tstop 96 --tstart 72 --tmode memory --> will mine until Memory arrive to 96C, then will stop until Memory temp is 72C, but that is only possible for Navi's If you want to put 2 wallets you should run 2 instances of lolMiner. I tried this but it doesn't seem to work. I get error unrecognised option '--tstop' I am glad that you brought this up because this is something one of my GPU needs because I had to manually disable it because during some times of the day it just overheats way past 80C. |
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Whats ironic is that millions of dollars probably went into Ledger research and developement to make it as secure as possible. There was that little bug a few years back if you forgot your PIN someone could bypass it, however a firmware upgrade fixed that. So they didn't overlook anything except their weak point was their web server security.
Web server security would of probably been much much cheaper to make secure than what it cost to make the ledger secure. However a simple email leak with first and last name to cause this much loss even after the individual did their due diligence and bought a hardware wallet in the first place is just sad and not fair.
Losing a quarter of a million dollars which would of been 50% of a house in most places is just crazy.
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Anyone open up their E3 units? I am assuming that the RAM found inside it is surface mount? Most likely bitmain ordered the DDR2 memory chips instead of actual memory modules.
However if there are interchangeable DDR2 memory modules inside, then maybe its possible to upgrade the ram to a higher capacity. You will need some open source software to be able to rewrite the firmware however. Most likely won't be worth while to resolder any surface mount memory chips. I can imagine that there are probably a few hundred of them in total on the E3.
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