Even at 3 cent electric the S3 would be a poor choice, unless you can get them almost free and get some very low cost efficient PS to run them with.
I was just saying no older then this. He is free to get newer and yes he will have more hash. It all depends on what price he can get gear at. As I think S7 is overkill on .03 cents currently. If OP can get a deal on S5's or something in that generation yes he will be doing very good at .03 cents. I think with so low electricity a used miner is quicker ROI in most cases (he needs to do ROI math before buying). He has a great budget, he could buy 1 S7 and 3 S5 and have great resales on the S7, he would be able to pump out around 17$ a day, one month and he is already paying off the S5. Looks like if he went this plan he could have an ROI in 202 Days and easily resell for a ton. You are right he's in a awsome position as far as options. A quick ROI on S5's sounds interesting to me just since quick ROI, then he can add more miners after that. If he got a S7 yes he would be able to use it for quite some time. If we only knew having and what it would do, but it stands a chance of still running on having if BTC value is decent on S7. So pros/cons on both sides. The halving is something to consider, it seems it will could kick out low miners and lower difficulty or price will adjust. Just no way to know the future =/ Will the halving reward few months later affect the earning? And how about the effects of halving for us newbie miners? with the new s7 you should do fine if your electricity is very cheap even after the halving, this halving isn't so troublesome it does not need a price increase to have a sustainable mining activity the next one (6.25 per block) instead will have a much bigger effect, in the sense that the price must rise at all cost, or all miners are out of the game At least all hobby and home miners at least. Some of the big corporations just have such low electricity they will last pretty much most situations. I they can't make a profit I think bitcoin would kinda fall apart, as that means no one is making profit but "free". The good news is price has already headed twords a better direction. It's hard to say what having will be like... just to much to predict. |
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The only way we will loose a lot of hash will be if price takes a dump or if price remains steady halving comes and everyone is on a thin margin resulting in lost profit and hash will reduce. I don't see alot of lost hash anytime in the future only more and prices are there to support it for it. Difficulty will catch up and bring things back to the old levels, keeping things balanced. A likely possibility is that prices could soar pass what hash can currently do, in that case we win big until halving makes us normal again.
The biggest threat is how thin of a profit will everyone will mine at and if you can continue to mine at that level. Look at when prices were low a little bit ago and some of the cloud miners had to stop. If you could mine at home and make a gain even if it was very small then it is likely you can withstand market conditions. I also feel as this is a good time to get started in mining as decent gains can be made on last gen hardware that can be sold later for new hardware when those margins become too thin for your resources or you have enough btc stocked up to help future proof and make better gains.
At some point gear is obsolete though. Look at like BFL minrig... that thing even "free" I would be surprised if many are still running. One day A1's have to hit a obsolete point even at cheap electricity. So far I think there are a ton in china running at cheap electricity. But the recent price raise for sure put more life into A1's. |
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Investing in cheap, yet stable altcoins like BURST.
Once more people realize the potential (we are planning a new roadmap) it can go up drastically in price.
How can you call it stable? I asked in another thread about it's mining as its so small. But if you look at this coin it keeps dropping long term - https://poloniex.com/exchange#btc_burstDon't take my word look at all or even 1 month on trading. Its dipping not stable at all in my book. |
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I am starting to have a new one that is my hardest thing to understand. I cannot understand why anyone would use faucets. Making cent's per hour is horrible pay I just don't see it being enough to even be enjoyable.
I am surprised how faucets always get brought up in beginner thread. It makes me wonder if people don't realize it's cents for hours of work. Or if they are being pushed by people who have faucets and rotaters.
Don't know if we will ever get that anwser though.
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You have pushed this a lot but it keeps going down in value - https://poloniex.com/exchange#btc_burst . It seems like it is looking like people are dumping it. I think faucets are a waste of time as general rule. And even worse when the coin is dropping in value on the cents you make from faucet. And the HD mining to get it to make a few dollars for a few TB mining all month is a loss. Can you show how HD mining of burst can be profitable? |
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If USD crashed so hard and gold is not stable at that time, guess what is the likely candidate for a global reserver currency?  Bitcoin may replace fiat in the future if the dollar keeps crashing and declining in value. I would not count on this hapening. If we have a USD crash it will not be good for bitcoin I don't think. We really want strong fiat in countries to buy BTC. And stong BTC values to. So we want both I think. I don't see if USD loses value most jumping to BTC. I think gold/silver would jump dramatically as most would go for it. But this is fiction I don't see it happen. |
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U Get Free Bitcoin through Trading.Trading is one of the most populer way to start earning.However, trading is more like a science with its methods, strategies, and tools. Many people regard trading as their main activity which allows them earn a pretty good living
I don't think trading is even free. You need to have capital funds first before you can start trading. Also, you are more likely to lose it rather than gain profit especially if this is your first time to trade. Trading is not free or really easy. You need to have a pretty good plan as a lot of alts are pump and dump. So you can gain quick, or lose quick. Holding Bitcoin is a much more steady investment in general speaking. But recently it took a big jump up which is good for us. |
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Probably, depends how much they get paid for it. Surveys used to pay 4-5€/ completion, now they pay a few cents, so it is really a different market now.
I`m not sure to what extent they like it, but I suppose its better than 0.
Yes, I am not sure how much anybody enjoys this, newbie or not. Rates are really, really low and this seems to me more like time wasting then anything else. I guess that people who have no regular income and that can't afford to buy any bitcoins from the salary they are getting are the majority of the people that are doing these kind of tasks. Not necessarly, but maybe they dont have bank accounts. It is really hard to buy bitcoin without a bank account, and not all people are banked. Not really there is localbitcoins for those who do not have a bank account. But at least in US getting a checking account is really easy. Depends on bank but like 25-50 minimum a lot of time for a checking account just keep that balance in it. After you can use it to link to a exchange for your country. Honestly everyone should do it as exchanges are cheaper then localbitcoin. But yes localbitcoin offers a lot of different options to buy. Also depending on location there are more and more Bitcoin ATM's popping up. |
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FYI, i heard theymos rarely recover hacked account. I asked theymos to recover my hacked account, but it never happen  Have you staked your account in stake my account thread? So he refused to recover your account even though your account was staked? What's the purpose of staking our accounts if they won't be recovered. Of course I assume that you have staked it, your account. We would need a link to thread. Some are complicated getting locked out is easier then hacked. When you say hacked it seems like 2 people chances are claim they own it. They would need to prove it's not been sold which could be hard since sadly accounts are sold. But if locked out and 1 person claiming account it might not be quick. But I with a staked address it will make it much quicker/easier to prove it's yours. |
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Thanks for sharing always love seeing inside of of some of these places. Does anyone know what the miners are he is standing in front of? Almost looks like some A1 clone, but I was not sure if that's what it is or they something better in those boxes. Thats a picture from when they had Scrypt Asics. Thanks that is interesting I would have not have guessed that. Do you know what gear they are using now? I always want to know more I love looking inside of big data centers. I find them always very interesting espically how some design so much different then others on cooling and other features. |
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Tomorrow when I get time I'm going to upgrade my PSU fan system I am using to cool down Compac's and U3's. I am using computer fans as I had a box full of free after rebate ones. Today I got a fan controller for decent (would have been a tad cheaper online). But It allows me to have more fan's and control of airflow a little better.
Should be pretty nice after I am done with it as far as a nice little solo mining area.
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No tax duty. I ordered 4 more yesterday. Paid 179$ shipping included. Still better than bitshopper since they don't have any in stock anyway... Custom miner go to /var/www/minera/minera.bin/custom (if you want to use them in minera UI) The default cgminer is in /var/www/minera/minera.bin/ and doesn,t suport the sidehack sticks  With the 330Mhs you should use --icarus-options 115200:1:1 My 2 compac have been running at freq 210 with no problem for 24h (well ventilated too) If you look at the compac thread there is a custom minera image that is already to use with compac's. It has the compac-cgminer set up on it. Just put image on SD and its ready. Or you can use a more standard OS on the RPI and put compac-cgminer on it. Its not that hard and really is good software. |
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I have a "parts" S3 controller i would be willing to sell. It lost power during a firmware update and has sit there on a shelf since, as I got another one.
If you have the serial to USB and know what your doing it should be recoverable. I cannot guarantee as I have not done it myself. But we might be able to work something out.
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You will see later, but you are right, the design of the S1 show me that as well.
I don't got an U3 here yet, but if I get one on Ebay for a low Price I want to look
into it.
Suprisingly some of the U3 seems to work out of the Box verry well.
Mayby the build a Batch with a bad charge of components?
The biggest thing is I would go with the newer cage design. Not overheating... is good. There were some problems with first design cage seems to help/fix. Instead of ebay I suggest checking out crazy guy - https://bitcointalk.org/index.php?topic=612390.0 . I bought my 3 from him, but he sells as low as 1 unit quantity if you want. You don't have to do the MOQ like bitmain. And you are getting a tested miner from a trusted member. So best option on U3 I think. |
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CFW 0.94 has been uploaded for my customers.
The previous updates to cgminer-monitor were missing U3 zombies where the device was still showing as active through the API. I've reworked the function to compare "Last Valid Work" before and after a specific interval for all connected devices. This should catch and handle all zombies, and just in time for Halloween! The new monitor has kept my 3 U3s running without human intervention for the past 2 days.
bought my U3 through u and constant issues. Is there a way to get the update? Sure, check your PM thank you! U3 up and running! To share my expirence with this version so far very good. I did not touch it for over 20 hours and it has fixed zombie an is running currently. Very good update so far from testing with 1 U3. Tomorrow after I finish 24 hour test (or tonight if I'm up late) I will try 3 on it and see how it goes. So far looking very promising. Upgraded interface... and functionality this custom firmware is great. |
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http://btc.blockr.io/charts10-29-2015 153 blocks + 9 10-30-2015 167 blocks + 23 so +32 blocks 10-31-2015 149 blocks +5 +37 we are a bit slower on the first day of the weekendhttps://bitcoinwisdom.com/bitcoin/difficultyBitcoin Difficulty: 62,253,982,450 Estimated Next Difficulty: 65,224,932,310 (+4.77%) Adjust time: After 1550 Blocks, About 10.4 days Hashrate(?): 482,328,477 GH/s Block Generation Time(?): 1 block: 9.6 minutes 3 blocks: 28.9 minutes 6 blocks: 57.8 minutes Updated: 23:20 (5.1 minutes ago) we have 466 blocks made should be 429 so we are plus +8.62% I really like the idea of slowing down I was starting to get scared on first one. I really don't want to see 5-10... I like level under 5.... 2 is my favorite as I use it as best case on most of my ROI. Worst case I do a lot of numbers... but best case I normally just do 2 and if it's under I am extremely happy. I'm afraid of Avalon and Bitmain both making gear at same time. The good thing is our overall hashrate is pretty big so it's getting harder and harder to do a huge percent jump. I wonder what it will be like in a year or even two if hashrate will be even more steady. |
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How do you feel ?
Anyone who is actually depending on the income from this is doing it wrong. It's a sweet bonus but should not be counted on and they've never failed to pay so far eventually. I would agree on this 100 percent. It is a nice bonus that benefits me for time I would be on the forum anyway's. And it works great as Bit-X get's in on my posts. I know some are post oriented on number.... and that and depending on this as income is just not right way. The way I look at it I would be on site no matter what posting, I am a heavy poster but I always have been as my schedule is kinda open for a little while and I love reading and sharing info on the boards. This should not be looked at like job as some seem to think it is. And as far as campaign this is the best one there is. Macro and bitcoinboys both have been very good. I have been part of it over 7 months... which is a long time for a campaign I don't plan on changing as it is so good. Even if a payment is missed, bot problem, etc you know that Macro will fix it we are never just forgotten. |
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Even at 3 cent electric the S3 would be a poor choice, unless you can get them almost free and get some very low cost efficient PS to run them with.
I was just saying no older then this. He is free to get newer and yes he will have more hash. It all depends on what price he can get gear at. As I think S7 is overkill on .03 cents currently. If OP can get a deal on S5's or something in that generation yes he will be doing very good at .03 cents. I think with so low electricity a used miner is quicker ROI in most cases (he needs to do ROI math before buying). He has a great budget, he could buy 1 S7 and 3 S5 and have great resales on the S7, he would be able to pump out around 17$ a day, one month and he is already paying off the S5. Looks like if he went this plan he could have an ROI in 202 Days and easily resell for a ton. You are right he's in a awsome position as far as options. A quick ROI on S5's sounds interesting to me just since quick ROI, then he can add more miners after that. If he got a S7 yes he would be able to use it for quite some time. If we only knew having and what it would do, but it stands a chance of still running on having if BTC value is decent on S7. So pros/cons on both sides. The halving is something to consider, it seems it will could kick out low miners and lower difficulty or price will adjust. Just no way to know the future =/ You are very right on having. If I had this electricity rate I would try S5 assuming price is decent, and ROI math makes it a little while before having. That would be my main goal is find a second hand miner that ROI having should not effect. Which is probley easier then said. |
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With an 18-chip string, Avalon estimates about 0.26W/GH chip-level and BM1385 0.22W/GH chip-level at 0.67V
BM1385 estimates 0.18W/GH at 0.6V, which translates to 10.8V in; that's about a 20% reduction. If we can see about 30% reduction at 560mV that's around 0.15-0.16W/GH at 560mV (10V in); if the Avalon curve has a similar shape but shifted to slightly higher power (0.26/0.22) at 560mV you'd see around 0.18W/GH chip-level.
Assuming you can still run half the stock frequency (around 51GH per ASIC) at that voltage, you'd see about 25GH and around 4.5W per ASIC, for 1.8TH and under 350W machine-level with 10V rails. I'd be surprised to see under 700W for 3TH off that machine but I could be wrong.
but for the sake of argument lets say you do 1.8th using 375 watts my psu could drive 2 avalon 6's easy giving me 3.6th and 750 watts so while the avalon 6 does not look great at stock numbers merely good. it looks great as an underclock undervolt monster. reminds me of undervolt underclock of gpu's back in 2011 and 2012 I want these machines. BTW the s-7 does not allow under volt below 11.7 volts now that was with the batch 1 controller maybe the batch 2 controller or the batch 3 controller allows for it. the later s-5's allowed for undervolt If you get 1.8 for 375 that would be amazing. The 4.1's were monsters as you put it on underclocking. If the Avalon 6 can do this it will be hard to beat. I mean even at having ... unless something huge changes 1.8 for 375 I think will make it still a valid in many places... which is huge. So I'm excited to see it. The Avalon6 will have much better downvolting capabilities here, as we were told some hours ago. But it is going to need adjustable PSU or buck converter. I'm not sure how much efficiency we'll be able to gain but just down clocking. Maybe not much at all, but we'll see. On 4.1 it was a good amount. So that is what i am hoping for. I love my 4.1's and still run them today. If Avalon 6 has same capability as them I will love it and want one at least. Depends on how much that underclock is. The insider seemed to make it sound like it has a good capability on it. |
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 Is this real or fake ? if its real which I doubt the specs are awesome and great competition for BITMAIN so they lower there price. https://www.bw.com/pool/minerthe company is real and has been around a while. not sure what it sells for same power use about .26 for them vs .25 for bitmain I wish they would go into a tad more detail like Avalon. I want to know if it can underclock. I really find underclocking to help my ROI long term. They gave us enough to get hooked and want more. But still need a lot of info. |
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