canaan discounts seems to get bitmain miner hashrate for 50% pay only.. is that avalion good compared to bitmain? i have an avalon a1246 i have an avalon a1166 i have two a1066 i have an a1047 i have an a1046 of all of the above 1 board died on the a1046 and 1 psu died on the a1166 they are okay if you have cheap power. they burn more watts per th i have this one https://shop.canaan.io/products/avalon-miner-a1246-83t-3420w?VariantsId=10014it does 3400 watts and 85th which is fine if your power cost is four or five cents. but if you are six seven or eight it is not so fine
at op i do not know a dealer in Florida. con you supply 240 volts? are you looking for a hobby unit apollo is sold here it is very quiet. and sidehack has a miner that is quiet |
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I mean i get avalon 1047 for under $100 so why should someone use an s7 these days?
120 volt power for the s7. and you can use an atx psu for the s7 which is quiet. he should change to an s9 which is better and can use a quiet atx at 120 volts. he can mine bch at viabtc.com he can mine xec at viabtc.com xec has a crazy upside if it ever rallies |
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Nice little erection.
some would say: "it's not the size that matters..." ......yeah, sure   The maintainability of it is far more important than the size. An epic 10 that fails to maintain its self is a classic flash in the pan story. that depends on the user... some would rather experience a 10 once than a 3 repeatedly... also maintainability and size can go very well together. why see them as mutually exclusive? Your argument is a bit like: "a reliable slow car is better than a fast one" I'd say: "Depends on how fast you wanna drive. And there are reliable fast cars, as well" If maintainability comes first (pun intended) The 10 is better for those that can fit it. But if the 10 fails constantly it turns into a pain in the ass. ( that pun was for bob) You are correct in that a perfectly maintainable three would be a drag. I was going with the idea that most adult males fall in the five to seven zone. Given the choice of same size you have now, but perfectly maintainable always works and delivers the goods if is far better than a ten that fails more than 50% |
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Every gpu in the photos except the 4070 has done etc+zil at ezil
but this octopus conflux is a bit more than etc+zil
I should try and see if I can do the three.
I mine Conflux 54mh + Kas 400mh + Zil 58mh @ 180w with my 3070 at the moment for some tests. i hope we get more dual algos for conflux like rxd, alephium, ironfish. and for sure, i hope some miner devs keep an eye on conflux, because gminer devfee is to high, but they can take it, because we have no really good other choice. What pool allows that combo? I am using some gear on ezil which does etc + zil Living in USA I have a lot of issues finding exchanges to support coins. I put my zilla in a wallet it is hard to find a US based exchange that allows trading it. I put my CFX in a wallet it is hard to find a US based exchange that allows trading it. If I go Conflux + kas + zil and use a pool I also will need to figure how to hold or trade those coins. We are very limited to exchanges and coins in USA. |
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https://www.bitrawr.com/difficulty-estimatorLatest Block: 785966 (3 minutes ago) Current Pace: 101.5140% (1743 / 1717.00 expected, 26 ahead)Previous Difficulty: 46843400286276.55 Current Difficulty: 47887764338536.25 Next Difficulty: between 48700259344610 and 48715699340976 Next Difficulty Change: between +1.6967% and +1.7289% Previous Retarget: April 6, 2023 at 10:57 AM (+2.2295%) Next Retarget (earliest): Thursday at 5:56 AM (in 1d 20h 49m 16s) Next Retarget (latest): Thursday at 6:01 AM (in 1d 20h 54m 47s) Projected Epoch Length: between 13d 18h 59m 19s and 13d 19h 4m 50s Copy stats to clipboard about 44 hours to go and +1.5% our hash rate is about 352eh 1.5% of that is 5.28 eh or 5280 ph or 5280000 th or 52,800 100 th s19 pros using 163.680 megawatts an hour. Miners still very bullish |
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Nice little erection.
some would say: "it's not the size that matters..." ......yeah, sure The maintainability of it is far more important than the size. An epic 10 that fails to maintain its self is a classic flash in the pan story. |
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Every gpu in the photos except the 4070 has done etc+zil at ezil
but this octopus conflux is a bit more than etc+zil
I should try and see if I can do the three.
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BTC will be worth the equivalent of millions of $$$ by 2056.
if inflation keeps going up, it might need to in order to just hold its value...if bitcoin is the same price then as it is now then bitcoin failed.  failed to deliver a return to investors... I don't want to get too far off topic (even though that seems to be the direction that you guys are going... hahahahaha.. I will blame you guys), yet I want to say that of course, it is easy to confuse concepts of how much BTC will be worth in the future and the likely (inevitable) ongoing devaluation of the dollar (frequently described as inflation). I think that many times when we are making predictions about BTC's future prices, we should be attempting to clarify these concepts rather than convoluting them, so if we are now making a prediction of a million dollar bitcoin (or millions of dollars for a bitcoin), then we should be referring to that future price in today's dollar's rather than adding that additional level of complication regarding how much the dollar is going to devalue (or deflate in value) or how much different goods and services will have different values relative to each other in the future (and also relative to the dollar). Even Atlas's famous June 4, 2011 thread had predicted that we would all be elite gentlemen based on a $10k BTC price, and I would consider that $10k in 2011 would be the same as somewhere between $20k and $30k today (based on devaluation of the dollar since 2011) - depending on which measures you use or which products/services are in your basket of comparative good. Of course, some of our recent attempts to tie BTC price into the subject of this thread has to do with incentives to mine bitcoin based on transaction fees versus the shrinking of the reward component of mining and for sure by 2056, we are only getting around 2,441,406 satoshis per block reward, and 3.515625 BTC per day, so there is a kind of built in presumption that either BTC prices are going up in order to make up for the known lowering reward amounts, or transaction fees are going up or some combination of those two, and of course, there are so many variables to merely get to those numbers that we cannot really know at this time beyond watching dynamics how the bitcoin foundational incentive specifics are going to work out (and even considering varying macro-factors - including seemingly ongoing attacks on bitcoin - though bitcoin was designed for such attacks). A kind of presumption of the security of bitcoin's blockchain likely only presumes a doubling of the price every four years in order to maintain its value, even though in the past 12 years-ish of BTC's existence, we have had right around a doubling of BTC's price every year, and likely the current doubling rate of BTC's price is not very sustainable.. but it is not needed to continue at such a rate - and perhaps may not even be needing to double every 4 years as I mentioned in order to be secure and sustainable, yet even with those presumptions of doubling of the BTC price about every four years, we also have other likely adoption and growth of varying bitcoin network effects that continue to put upwards pressures on BTC prices. In order for me to make this post, I felt that it was necessary for me to go to my thread and to revise my fuck you status chart.. and I gotta better figure out how to format charts - because it is too much work, so my dates ONLY go up to mid-2035.. which shows BTC bottom prices at $240k per BTC in 2030, $640k BTC in mid-2035, $1 million by mid-2038, and $5,6439,679 by mid-2056 (I placed mid-2038 and mid-2056 in my fuck you status chart, just for the purpose of reference in this thread). My childhood home was purchased new in 1956 by my mom dad and my moms grandparents. cost of 27k I sold it in 1989 for 227k It now lists for 1.2 million. The basement was finished and it is a legal 3 famliy home. It was a two family home in 1956. So in 67 years it went up 44.44x this is only about 6.7% inflation rate. so what is 6.7% for the next 33 years. 30000 turns in 255,004 by 2056 Not sure but It would mean a one dollar fee now would be eight. but fees worth 8 and equal to 1 now don’t hurt I guess. If I do a one dollar fee now it does not mean much. So eight bucks in 2056 won’t be much. but 8 vs 1 does not fix .0122 btc vs 6.25 the ratios are not that equal. |
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so 0.00000227 x 2,800,000 = $6.35 usd for the smallest possible payment According to who is 0.00000227 BTC the smallest possible payment? So if all block is filled with 2000 tiny transaction of $6.35 or say 0.00000227 you could have as little as 0.00454 btc plus 0.0122 reward or blocks as low as 0.01674 BTC at 2.8 million and that means just 46,872 Usd a block no-one will mine so 100 x .5 trillion = 50 trillion in value with less gear than now This is unbelievably speculated. First of all, nobody knows for certain that the "tiny" transactions will be 2000 per block. Secondly, you don't know what the cost will be. Maybe it stays as is with minimum drop, or maybe it gets increasingly cheap as decades pass. Thirdly, if bitcoin reaches $2.8M, then transaction count skyrocketing is a safe assumption to make. It is possible. I said could have. Not will have. First off for it to happen every transaction would need be a perfectly small sized one.
Lets try a better way for 2056 here are 10 blocks made recently ... https://www.blockchain.com/explorer/blocks/btc?page=1https://www.blockchain.com/explorer/blocks/btc/785663 just put in any number 1- 785,663 and that block shows up 785,663 0.1527xxx 785,662 0.2281xxx 785,661 0.3494xxx 785,660 0.1664xxx 785,659 0.0724xxx 785,658 0.2208xxx 785,657 0.0613xxx 785,656 0.0523xxx 785,655 0.2567xxx 785,654 0.1067xxx this sample of 10 is 1.6668 coins or 0.16668 a block about 5000 usd at 30 k a coin much better than 0.095 about 1900 usd at 20k a coin the article you quote. I do a math in my head. My gut feel is rewards are up to 0.15 per block for the last 2 months. I am not going to do the math for 60 x 144 = 8640 blocks made last 2 months. But I do look every day and feel safe with a 0.150 estimate vs last years 0.095 so pretend it is 2056 rewards are 0.0122 785,663 0.1527xxx + 0.0122 = 0.1649 per block 785,662 0.2281xxx 785,661 0.3494xxx 785,660 0.1664xxx 785,659 0.0724xxx 785,658 0.2208xxx 785,657 0.0613xxx 785,656 0.0523xxx 785,655 0.2567xxx 785,654 0.1067xxx 0.1649 per block at 1,000,000 a coin = 164,900 usd a block right now a block is around 180,000 . so if difficulty 2x equal and hardware is 2x better we have the same amount spent on protection of assets as we do today but coins are 1,000,000 and 20,000,000 x 1,000,000 = 20 trillion market cap protected by 10 billion in gear and maybe 20,000 megawatts of energy So miners would make a smaller profit in 2056. now if the block had 2x the transaction capability say 4000, the max transaction would be 152,700/4000 or 38usd a transaction. The issue I have without ordinals or NFTS to transferring old btc 'lost' back to rewards is blocks will be too small value for miners even at 1,000,000 a coin and .1527 btc in fees + 0.0122 SO the setup is not designed to live long and prosper without tweaking it.and the scrypt along with doge and ltc is design to last hundreds of years. So ask yourself a system designed to have issues by 2056 or a system designed to last hundreds of years. What is going to happen. In fact give me a math example for 2056 at $500,000 and $1,000,000 and $2,000,000 and $3,000,000 and $4,000,000 and $5,000,000 per BTC that works up to $10,000,000 per BTC you can use fees at 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 coins a block and block size of 4 or 8 or 16 or 32 gear could be 4x as good. and diff could be 4x the size. No example works until you get to block sizes of 32 The fee cost gets too high miners would flee to scrypt it is 2023 I am talking 2056 only 33 years away. I have tried lots of calculations and they all suck for the future for BTC. A gimmick or twist will need to happen. BTW coinbase going all LN and off book will simply turn BTC into banking. So playing with NFT and ordinal is not the worst idea. Anyone want to plug in for 2056 BTC price 100k to 10 mil Diff 1 to 8x Gear 1 to 8x block size 4 to 32 Show me something that works as well as the current price at 30k 6.3 a block diff at 1x gear at 1x block size at 4 Everything I do shows crash and burn in 2056 with the exceptions of a perfectly done LN with perfect regulation which = 'banking' or reclaiming dead coins and pushing them out as do over issues. So I see Scrypt taking over down the road. |
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I am sure we already have and will have even more shitposters who use AI-generated content in the future. I don't like seeing it, and it's plagiarism. Cheap merits and ranking up are the reasons people will use it. Thus, it's cheating. It's not always going to be easy to differentiate someone with excellent English skills and a person who uses AI bots. A sudden change in the posting style is a dead giveaway though. Until they figure out that they better create brand-new accounts that post post only AI-content. But even then, they will make mistakes sooner or later.
actually I disagree I do James Joyce stream of conciseness on purpose and I have done it for years.
Actually I disagree with your idea that rapid improvement means a person is cheating with AI. This is my corrected version of the sentence above. I know I did improper grammar in the first example. I know that stream of consciousness was misspelled. I simply ask you if I did a google search and found this below https://astrologicalpsychology.org/james-joyce-stream-of-consciousness/Which allowed me to spell it correctly did I cheat? Do I give it a credit for showing me how to spell stream of consciousness correctly. Not needed in the first sentence as I did not get proper spelling. I would argue any correction made via a google search or a spell check simply does not need to be listed as a source. So if I write all of the above and ask an AI to polish it up am I cheating? Which btw is why I did a deliberate choice to write stream of Consciousness style when I blog. Please compare the first sentence with thousands of my posts and you will read do that style often. The last part of this post was stream of Consciousness : I do not spend the time to check all spelling and grammar as I want to get the idea out as it unfolds in my head in real-time. |
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well if we are repeating 2019 we get to 70% of all time high.
that was in july 2019 14k was 70% of 20k. rounded for ease.
so 49k is 70% of 70k rounded for ease of reading.
So 49k hits in next 3-4 months and we tank again till 2024 fall
and peak in spring 2025.
It could happen.
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yeah flood market with gear makes more than mining.
building a new asic miner is 5-10 million.
To have working chips in hand.
The builder could be backed by bitmain or mcrobt.
hide company under new name and kill the coin.
this has happened over and over with gpu coins.
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NEXA and KASPA will be new bull season coins. Maybe DNX.
Well, NEXA pays the first payment after 7 days. But it s a good thing for long term mining. Not good for the beginner level.
CLORE, PAPRY, NOVO, EVR are not good coins in my opinion. (for long term mining)
Well, the prices is up in time but not for long term.
I'm thinking about running my own node and mining KASPA but a little lazy to set it up. I'm mining NEXA but I hate waiting 7 days to get paid out. I agree though that it might be a good thing since it keeps miners from just dumping as soon as they mine NEXA. I'm not a fan of KAWPOW since it draws too much power. This way miners will avoid the KAWPOW algorithm. On new video cards, this algorithm is not very profitable and consumes a lot of energy. The old video cards VEGA 64 and VEGA 56 perform quite well here at 30Mh/s, although the 4090 shows 65 Mh/s. And the 6600 XT is one of the most economical cards based on this algorithm. KAWPOW is not good on new cards because it is only around x2 to x2.5 the hashrate from old video cards LOL. Like from 1xxx to 4xxx series, i think the very old video card 290x is half of 1xxx in KAWPOW or PROGPOW hehe. Those algos are not just ASIC resistant but also a slow generational gpu mining improvement, now think of the price comparison of those cards heheh Nexa do over 3x from old gpus so nexa is better on new cards BTW Nexa is tiny very low volume. |
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Me: "Hey, Bitcoin. Describe your market action over the last couple days." Bitcoin: "I found this image from the conference last year for you"  is she or he 🤨 She I think It looks like a breast next to her wrist, look at the right wrist and the world whale shift a bit left and I think that is a breast. |
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In this day and age, more and more people are looking for ways to generate passive income. One of the most promising methods is Bitcoin mining. In this blog post, we would like to present a concrete example and analyse the potential profitability of such an investment. First of all, what is Bitcoin mining? Mining is the process of generating new Bitcoins and confirming transactions on the Bitcoin network. Miners provide their computing power to solve complex mathematical problems and are rewarded with new Bitcoins and transaction fees. Now for an example: Let's say you invest $51,480 in 20 WhatsMiner M50s, each with a price of $2,574 (price as of 16.04.2023, current prices can be requested via our contact form: https://www.jbgsmining.com/en/kontakt). According to the scenario, these miners would generate a monthly profit of $4,715.09 when operated in a hosting facility with an electricity price of 4.4 cents per kilowatt hour. (source: https://www.nicehash.com/profitability-calculator/microbt-whatsminer-m50) To calculate the return on investment (ROI), we divide the monthly profit by the total investment amount and multiply the result by 100 to get a percentage: ROI = ($4,715.09 / $51,480) * 100 = 9.16%. This means that with this example, you would earn back about 9.16% of your investment within one month. If profitability remained the same, it would take about 10.9 months to recoup the entire investment amount. It is important to note that this is only an estimate and the actual results may vary depending on various factors such as fluctuations in the bitcoin price or mining difficulty. A crucial factor in the profitability of Bitcoin mining is the price of electricity. The cheaper the electricity, the higher the potential return. Therefore, it is advisable to look for hosting facilities that offer cheap electricity prices. (cheap locations can be found here: https://www.jbgsmining.com/en/hosting-locations) In conclusion, Bitcoin mining is an interesting way to earn passive income. With the right equipment and a favourable electricity price, it may be possible to earn attractive returns. However, it is important to be aware of the risks and possible fluctuations and to weigh the investment carefully before jumping into the Bitcoin mining adventure. Dude if you own the miners it is not passive income. Not my definition the governments. (USA) and many other governments define it as an active business. |
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Now I am starting to appreciate that this thread is "going down hill."
I think it’s a show of confidence that holders are happy we’re in the upswing of this 4-year cycle and don’t give a fuck about the price until it’s time to sell. That, or toilet humor is ageless and something we all can enjoy. I think a thread on westerners using toilets in unique ways might be necessary for entertainment purposes. I’m just glad people aren’t debating whether it is time to sell now or hold until six figures. That would be even more ridiculous. well I would sell everything at 100k. but I would still be mining ⛏️. Then I would hodl those coins. |
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@ fp915
Well the 3090 is watercooled. you can lay cards on top of it and it runs cool.
there are two low power 3060s beyond the 3090
so 4070 - large space - water cooled kingpin 3090 - 3060 - 3060
135 watts
300 watts
110 watts
110 watts.
I think the moron 12 pin connector is stupid. Just one more issue to happen.
I will play with settings to see what it can get out of it.
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does any body know the tx fees i will get for mining 24 hours using 1 EH/s on this pool if I hit a block how much am gonna get along with it in miner fees
What you can do is look at the last few blocks and see what the average fees are per block won't give you exact number as it changes every block but will give you a rough view of fees in a block. In the year 2022, transaction fees have made little difference in bitcoin mining profitability. According to our data on Braiins Insights as of November 21st, the average transaction fee amount per block over the past year is 0.095 BTC—a mere 1.5% of the total block reward https://braiins.com/blog/transaction-fee-luck-for-bitcoin-miners#:~:text=In%20the%20year%202022%2C%20transaction,of%20the%20total%20block%20reward. if we depend on that this means it averages BTC 13.68 per day so if I hit a block at the end of the 24 hours using 1 EH/s i roughly get 13.68/360=0.038 in miner fees? That was 2022 fees were low. In 2023 fees are a bit higher due to ordinals and nfts. We are closer to 0.150 per block than 0.095 per block https://www.blockchain.com/explorer/blocks/btc?page=1https://www.blockchain.com/explorer/blocks/btc/785663 just put in any number 1- 785,663 and that block shows up 785,663 0.1527xxx 785,662 0.2281xxx 785,661 0.3494xxx 785,660 0.1664xxx 785,659 0.0724xxx 785,658 0.2208xxx 785,657 0.0613xxx 785,656 0.0523xxx 785,655 0.2567xxx 785,654 0.1067xxx this sample of 10 is 1.6668 coins or 0.16668 a block about 5000 usd at 30 k a coin much better than 0.095 about 1900 usd at 20k a coin the article you quote. I do a math in my head. My gut feel is rewards are up to 0.15 per block for the last 2 months. I am not going to do the math for 60 x 144 = 8640 blocks made last 2 months. But I do look every day and feel safe with a 0.150 estimate vs last years 0.095 |
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