we still have 27MH on the 1070, even with the best drivers, without that fix for the trashing you will not be able to reach 40MH
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the new algo is equihash, interesting, another memory hard algo, i hope will be not as a bad as etheruem for nvidia
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The price jump has helped to increase the block discovery rate to >6 per hour again. The more that the price rises, the more tendency there is for miners to throw more hashing power at the blocks, and so we could get back into the 7-8 blocks per hour range once again. Should lift the 250,000 per day ceiling by some small percentage.
apparently in 2011 there was a discovery rate of almost 10(9.38) i checked with google, thus we were in a worst position for long in comparison with that time probably because it was the time of the 25x increase...yes just checked again it went to 35 usd
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I predict the rising in exchange rate to touch 1000 euro per bitcoins. What do you think? Get prepared for this boom! ⚐Regard's ArleneYour prediction is incomplete- when is this going to happen? I think it won't happen so soon... Maybe by end of the year? well they said that $700 would not happen so soon, but by the end of the year, bullshit now let's take a look at the value , it's almost there, and it happened in no time, it's not impossible to think that 1k can be achieved in few weeks, even if would mean an unstable value
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it seems that the 480 will be priced a little higher, than expected, at $229, still worth the buy if it will deliver the promised hash, 25MH or so
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undervolting is still possible without a mod, with amd, just use msi, dunno why nvidia do not have this, i guess there is another good software that let you undervolt with nvidia
maybe nvidia inspector
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i would never sell the base component such MB ram and cpu, they are always useful for the future, in case another "ethereum" appear
so you need to factor in my opinion, only the roi for your gpu
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a standard pc will do it just fine, just build it with the usual 4 gb of ram quad core cheap mobo if you don't want to oc and a ssd
bandwidth is important
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they are a good donation to the comunity, they increase the value of the remining coins, soit's not a bad thing
now if the whole majority would be lost, that another thing, problably it would start to be a problem, if millions of coins were lost
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With the price bump in ether the wait for this card to get released feel like forever and then we don't even know how well it will perform.
Yes. I am thinking if I should wait another 16 days or buy some R9 390 now. I can start making money now. Depens on if you dont have a problem with the heat and power drain of the 390s if you have power under .10cents i would say buy as many 390 as you can as long as you can cool them the 390s run HOT and also the 970s as well , compared to the nanos and these newer cards which can mine at full power at 70degrees easily even in a poorly ventilated area like mine. People always worry about power use but the bigger issue is the heat, the higer the power drain of a GPU the more heat it will generate and you have to be able to counteract that somehow. also this will lead to increase in cost, because to cool down each of those rig you need additional fan that are not free, and increase the overall consumption i added industrial noctua now that we are in summer, and they are expensive
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isn't waves pos only? are you talking about dpos, like for lisk, which is not in any case a real mining thing, also heavy centralized with those delegates
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It would be major waste of time to move algo, when you have unique algorithm like the spread algo.
Because, this algo is unique to Spread, it has real longevity with regards to ASIC resistance, because the manufacturing risk for producing mining equipment for an algo that is unique to one crypto is pretty epic, where a hard fork to occur; the manufacturer would sitting on 100% losses.
Secondly, many people who mine Dagger, are planning to sell their AMD GPU's on, when it goes to POS. It will, literally, be raining 390's, 380's, 370's later this year on eBay.
This is what's happen in past; a lot of AMD GPU owners factored this into their intentions.
Only AMD owners, who are genuine crypto enthusiasts will keep their GPU's.
Those guy's, are pretty flexible about switching to a different algo.
those guys are usually sitting on almost free electricity, so they don't care much about the algo and the profit, everything is profitable for them even $0.5 per gpu is profitable for those people... amd guys will surely not touch this, because last time i checked there is not an optimized miner for this, nvidia is the king here, too bad it's not profitable right now, at least not on par with other coin...
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Nothing wrong with taking the profit. It might even be the smartest as the rise for halving may slow down and then people start panic dumping...good to lock in.
taking the profit what it ever means? the only time i would sell bitcoin, it's only to buy back later, and have even more there is no "i'm out of this" ever, bitcoin will be the currency of the future, it's already obvious, it's not just a p&d..
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so you think can skyrocket 5x or 10x like the last halving?, in the last halving the pump happened after it right? here is before it, so i think there will be a dump after the having this time, but not a strong dump, maybe price correction?
correction: last time btc rose from 5$ to 12$ before the halving of 2012. Then after the halving it went into a real bubble and rose from 12 to 270. This time we are rising from 400 to 1000 BEFORE THE HALVING and from 1000 to 25000$ after the halving. Not only because BTC is so awesome but because the fiat world will collapse 2007/2008 style, but this time there will be no quantitative easing. It will be a full blown debt jubilee. Real estate markets will crash hard. Gold and silver will soar. At the peak of the upcoming silver rally silver will be worth as much as gold. i think 25k is a bit over the top for now, such crazy rally can only happen with the correct maturation, like around other 2-3 halving while i think that it's still far from impossible, i don't want to be too euphoric just because of the recent pump and begin dreaming too much, we must remain realistic 2k as a new peak is realistic
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The Chinees are buying coins to escape the Yuan, they want to hold and secure there wealth.
if they are really doing this massively, then prepare for 10k in a short time, also add tot he fact that more panic buy will join the party from all around the world, and you have a very big marketcap coming
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the only thing that is sleeping is bitcoin, yes you heard it right, the real bitcoin pump is yet to be seen
and when you will see it you will shit yourself, the potential there is unmatched, just wait
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besides that the only one that wants it to be cancelled are miners, but since they can not dictate shit, because merchants have same importance, we are hopefully safe from their centralization
there will be no cancellation, better efficiency and increae in price will make for it, like it was planned, and it's wokring as intended, bitcoin price is skyrocketing
before all of you start thinking that this is a fake pump and the price will return to the previous point, i can tell you that it will not happen, as it did not happen that we returned to 230 after the pump to 450-500
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think about this
we went from 230 to 500, then correction to 430--->lowest point was 37x then again rock solid around 42x-43x
story will repeat itself, now from 4xx to 8xx-9xx then correction to 82x-83x
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... I want to propose a fork to address all the big issues in bitcoin, mainly scaleability, anonymity, speed and security. ...
So the ultimate question begs to be asked, does the halving finally get canceled or what? why it should? the halving currently it's the only reason why the price is increasing without the hype for the halving will be stuck at 4xx level for unknown and unnecessary long time
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