Yes its pretty crazy how it just hit $5. So basically $2000 for free pretty much. Last night I was watching it on Binance and I assumed it would go at least under $1 since every few seconds you could see how every market sell order was for 400UNI, so pretty much people were rushing just to cash in on their air drop.

This reminds me of Bitcoin Cash. Remember when it launched back in Aug 2017? At first it had a price of $300 or so and people were dumping it like crazy and saying "free money" and then all of a sudden 3-4 weeks later it pumped to like $900. A few months after that with the Coinbase listing it made it $3K (if I recall). So this UNI airdrop price action tells me that there is huge demand for UNI and might as well hold it for now.

Yeah lately with the crypto and stock market rallying there are tons of these types of "signal trading services" popping up everyday. If you are on Twitter or Reddit you will find that people spam their own "paid group service" almost everyday and they promise "Make 10% a day of profits" to lure new traders in. These are almost always scams.

There was some trader on Twitter that had many followers, he went long 100x leverage when BTC was $12K a few weeks back, got liquidated, lost $400K and then decided to open up some type of "secret paid group" for 0.10 BTC per month per member. Does that sound like a smart trader? Obviously not. But people keep falling for these scams left and right.

I don't think they are limiting because of the pandemic. Usually when stores are limiting due to COVID19 its usually the amount of people inside the store so its not crowded or they are limiting sales on certain essential and low stock goods like toilet paper, hand sanitzier, Lysol wipes, etc. A gaming GPU is no way considered essential. You don't need a high end GPU like that to go to school or do business.

I also checked my Craiglist area and there isn't too many overpriced GPUs listed yet. You could essentially buy up an entire farm and pay good second hand prices for GPUs. I think unless BTC breaks $20K or ETH breaks $ 1400 and we are seeing $10/day/GPU I don't think there will be any GPU shortages yet.

They are still limiting the purchase quantity?


This reminds me of how back in the early iPhone days like the iPhone 4 or 4S or 5 they would have a limit of max quantity of 2. And you would see ads all over Craigslist where people would pay you $50 to buy the 2 phones for them. Basically the guy would meet up with you outside the Apple store, he would tell you to buy 2x of a White iPhone 4 or Black iPhone 4 and you would pay either by Credit card or cash. And then he would pay you right outside the store to give it to them.

The workers there pretty much saw what was going on and there is nothing they could do. What happened after to those iPhones? They basically got sold on Craigslist for double the price or they got exported to Russia or China. Crazy how the demand was back then for iPhones.

However I am wondering why they are limiting it for GPUs since there is no "GPU gold mine rush" like there was in 2017.

It doesn't make a difference the amount of miners being connected to a specific pool. The profits overall with respect to variance should be the same.

It's possible that you might get lucky and go on some small pool which had bad luck previously and you start mining and right away the pool finds a block and your reward for the day is higher. But it's not always like that.

Hence it doesn't matter which pool as long as your pool fees are the same and you got very good ping, less than 50ms and you won't be affected by stale shares.

None of these tips or tricks or eBooks or any type of video tutorial will actually help you become a trader in real life. Right now every Tom, Dick and Harry is making boatloads of money on the stock market like every Tom, Dick and Harry made back in crypto in late 2017 and eventually the markets will trade sideways or bearish and people will lose all their realized gains.

The only way to become a profitable trader is basically to have experience and you can't teach experience. Just because a few kids made $1 million dollars trading with a $3000 account on Robinhood with Tesla options, doesn't mean they are better traders than those that made $50,000 yearly profit off their $100,000 starting balance.

Like the famous saying goes "Anyone can make money in a bull market". Don't need to be a experienced trader at all.

I used to also trade peer-to-peer locally in my city years ago when I first discovered bitcoin and mining and honestly it was very stressful to say the least. I didn't do it to make a profit because I was usually just selling my mining profits, so I sold at the exchange rate with no market up. But the amount of sketchy people you meet was just not worth it.

When Bitcoin ATMs started to hit my city, I was relieved and used those instead. Then there was more and more legit exchanges which you can just do a bank transfer or wire and I've been using those ever since. I always claimed my income and taxes so the high rate of Bitcoin ATMs wasn't really worth it for me. Rather just do a transfer using an legit exchange and not worry about my safety.

Yes the performance of these new gen GPUs is pretty impressive from the GPUs of the 2017-2018s era. I wondering if Nvidia will do a miner version of these GPUs and make them available for the retail public.

There are multiple reasons in which it could benefit Nvidia. First way is that usually they have a very short warranty so they don't need to worry about miners buying the retail GPUs and claiming warranty after 2 years or so. Second reason is that when mining becomes unprofitable, these GPUs will have low demand so the supply won't be high for gamers buying the GPUs and the second hand market prices will remain stable. Third reason could be the environmental impact. The retail box uses alot of cardboard and packaging, and they would sell a pack of x10 since most miners don't require the retail boxes which just take up space.

Thank you for the acceptance. Look forward to working with you.

Sent you a standard BTC address by PM.

#Proof Of Authentication
Bitcointalk Username: adaseb
Profile link : https://bitcointalk.org/index.php?action=profile;u=222284
Post Count: 14929 (including this one)
Btc Address : bc1qkcyhfgepm2dzycv2w22yp9fqqvwt3m7qg83llz
Amount of Merits in 120 days: 16

Thanks alot. Always a pleasure working on your campaigns. Looking forward to working with you in the near future.

From what I read, HiveOS keeps some statistics of the GPUs that are mining under their software and they said that around 50% of ETH mining GPUs are 4GB. So its possible that 50% of the hashrate can drop.

However like a few comments above, obviously there are faster and faster GPUs coming out recently and most likely the hashrate will grow alot before the 4GB become obsolete and might end up being a 15-20% only in terms of hashrate.

The issue presently is this and I am a little worried also. We all know that crypto markets are correlated with stocks. If stocks go down...crypto will follow. These are risk-on type of assets.

One reason why the stock market is making new highs is because many took advantage of stimulus and government subsidies and invested in the stock market. Hence why TSLA and APPL and even HTZ have these unbelievable prices at times. Whats worse is the market is highly leveraged due to call options. Most of this is by retail traders. They are all greedy and tell their friends and family and get even more money poured into the market.

Question is... what will happen when the rug gets pulled? Can the fed save the stock market? Perhaps. However greed will quickly turn into fear and we might get those circuit breaker type of days again.

So you have 104+63=167mh/s on ETH correct? This yeilds about $5/day before any expenses such as power.

For your XMRRig with 46mh/s you should get maybe another $2-3 or so, so basically the $7-8 USD is correct.

What config did you put in WTM, maybe you made a typo somewhere?

So you have 13x of these P106-90 mining GPUs correct? I am assuming they hash at like 22mhs correct? Might be wrong here just a guess. So total hashrate is 286mh/s correct?

If you go to www.whattomine.com you should get $9 a day which is correct.

If you want to mine ETH directly then use a miner like PhoneixMiner or Claymore and use a pool like ethermine. You will need to have an ETH address to use the pool, so if you are using Coinbase just make an ETH address and use that address for the pool and you should be all set.

But the profitability will be similar, maybe 5% more profitable mining directly.

Anyone know which exchanges still accept deposits and withdraws for ETC? It seems since these 3 attacks that many exchanges disabled one or the other. And many are considering delisting the coin due to all these attacks.

Seems that all these attacks are due to Nicehash, really wish they could find some solution to prevent someone renting all this hash and pointing it to ETC. Really hope this coin doesn't go down in history because I actually liked it alot however I am surprised of all these 51% attacks recently.

Yes they are correlated and if SPX starts to crash like it did before back in March then it will also bring down cryptos. However the crash won't be as before, the reason why it was a hard crash down to $3K was due to lack of liquidity.

I was trading that day and it was scary to watch but basically there was no bids on Bitmex and there was maybe 1 billion worth of long liquidators. And the market kept going lower and lower and lower. And if it wasn't for Bitmex going down that moment we might of hit $0 eventually especially on the leveraged and futures exchanges.

So while it's possible we might crash it won't be as bad as it was back in March. We know what covid is and we learned to live with it by wearing masks. Back then there was tons of uncertainty.

If they randomly started a fire during constant mining then most likely something melted like a capacitor or something shorted out.

However you are saying they were mining properly, you shut down them to clean and right after they caught fire? My guess is maybe you used too much PSI in your air conpressor and you damaged something which caused a fire to start.

A remember years ago I used an air compressor to clean my computer, would basically use Max PSI and what happened was I ended up blowing up the bearing on a CPU fan and the computer immediately started to over heat. I am thinking you blew too much PSI on a fan and blew its bearing. Need to open to investigate.

The difficulty right now for ETH is huge, go to etherscan and look at their difficulty chart they have posted. Right now it's 3000Th/s so your 44th is only around 1% of the actual block difficulty. So maybe after 99 more tries you would hit a block.

So this is why you need to use a pool because the variance is just too high to solo mine right now. If you still insist on solo mining to save on fees then just mine ETC which has a much smaller difficulty and you aren't wasting your time.

Here is the issue with eBay. A wise miner once said "The best time to sell mining equipment is usually when its the highest chance of getting screwed" it might of been phil if I recall correctly.

The reason why is because they usually side with the buyer and what happens is people buy ASICs or GPUs on eBay. Then shortly after the difficulty can go up or price can go down and it might not longer be profitable and they will just open up a Paypa dispute saying "GPUs are not as described" and you will have to accept the return and sometimes they bill you for the return shipping.

Best is to just sell it on FB marketplace or Craiglist and get cash instead. Hence no refunds possible.