I suspect Bitmain is having their current fire sale in the hope of getting their money back out of the BM1385 chips they've already bought before they become almost worthless due to next-gen miners blowing them out of the water - and I have some doubt that Bitmain was expecting Bitfury to go public on THEIR next-gen chip much less start pushing it to anyone OTHER than huge farms.
I get the strong impression Bitmain's answer to the new bitFury chip hasn't even taped out yet, or taped out recently enough they aren't going to have a new miner available before the halfing - leaving them rather behind the curve on what should prove to be THE most important ASIC generation in Bitcoin mining history (other than perhaps the original generation gear).
Pretty much none of this fits with previous Bitmain action or logic. I still agree with QuintLeo, the BM1385 chip has been possibly the worst chip Bitmain has ever developed besides the BM1382 for ROI + profit. You're saying that from a miner's perspective, not Bitmain's perspective though. Your finances and success are not their finances and success. True, the S3 was a bandwagon miner (people heard about the success of the S1)and it was possibly one of their bestsellers. S5 not as much, because the bandwagon died when people heard about the S3's fail. S7 seems to be another bandwagon miner as the roi is crap, but people are buying it up pretty fast. Overall the popularity of Bitmain miners has remained stable as people are leaving and hopping on the bandwagon at a equal speed. |
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You could get a job and convert your fiat into bitcoins. Or you can offer your skills and work as a freelancer. <- Usually earns more than a signature campaign.
Getting money from a job and buying bitcoins with it must be a fast and effective way of making bitcoins always. But you need to make a budget to get some extra money to invest into bitcoin every month. Its better to earn from a day job and buying bitcoins is the fastest way to get a bitcoin. All other methods involve high risk, and methods which provide short time earning is highly risky. Some people enjoy risk and you have to respect that, my friend recently made 902$ off betting on CS:GO and he converted the skins to bitcoin and is well on his way to buying the next new miner. Buying bitcoin off a website like coinbase or crap is a good idea, never buy from places like ebay as you will pay extra for less. Localbitcoins and here are good ideas too, but never use paypal, because transactions are reversable and a person could randomly file a complaint and you lose your bitcoins and the paid money. |
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I suspect Bitmain is having their current fire sale in the hope of getting their money back out of the BM1385 chips they've already bought before they become almost worthless due to next-gen miners blowing them out of the water - and I have some doubt that Bitmain was expecting Bitfury to go public on THEIR next-gen chip much less start pushing it to anyone OTHER than huge farms.
I get the strong impression Bitmain's answer to the new bitFury chip hasn't even taped out yet, or taped out recently enough they aren't going to have a new miner available before the halfing - leaving them rather behind the curve on what should prove to be THE most important ASIC generation in Bitcoin mining history (other than perhaps the original generation gear).
Pretty much none of this fits with previous Bitmain action or logic. I still agree with QuintLeo, the BM1385 chip has been possibly the worst chip Bitmain has ever developed besides the BM1382 for ROI + profit. S3s (BM1382) hardly profited with the difficulty rises even though the hop from BM1380 with more hashpower and efficiency was enormous. I knew this day was coming for bitmain, because there had to be a new chip coming out, and it just so happened to be before the halving. The only thing stopping Bitmain from using old S4 rackmounts and placing BM1385s on them and slapping on a "Antminer S8" sticker on is the fact that most people know: 1. the halving is coming 2. this gear is gonna be crap in 2 months. BM1385s were a great improvement and it had to have happened eventually, so hopefully we can move past this and get BM1385s over with after the halving. |
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Assuming the person we're talking about isn't too far gone, signature campaigns are the best bet for people. Of course you need to look at the average signature campaign poster here, which (sadly) is:
25% 1 letter posts
50% posts that don't add to the conversation or make sense
25% posts that are actually good.
There are so many downsides to a signature campaign, and so many pros, but i'll shorten it for you and say that there is really no good way to earn bitcoin easily for dummies and it's all personal preference. Like art and good at it? Go to services and join a logo design thing and earn up to 1 bitcoin for that! It's all about what you're good at and what you want to do.
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thanks for advise,
might take s7 instead, for electricity..might install at home, and planned to install solar system together for efficiency...
roughly...how long can earn 1Btc with good pool(roughly) with this machine..?
TQ
remember that the cost of the solar panel will cost you more than the s7 per watt, and will save you less in comparison to the earning of your s7 so you need to do some math, and unless your exlectricity is expensive, it's a bit pointless to use solar panels Solar power is incredibly not cost effective, and with the initial investment you aren't even factoring in the costs for repair in tornadoes, hail, or any type of weather that could damage panels. In the end solar is just not very effective at all for mining, and the only thing solar I have is a solar powered usb hub with 1 Block Erupter USB on it, and I've had to repair it several times due to bad weather. All in all solar is a pretty bad investment for most people, and really if you want to get into mining wait for the next gen bitfury chips to come out. It'll be past the halving most likely but at least a small amount of profit will be made. |
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No mining will probably never happen. All altcoins no matter how small usually have some cheap miner running 24/7 to process transactions and at least keep up the infrastructure. I run a personal altcoin and I have an old Block Erupter processing my own payments that I make to myself. Without mining I assume bitcoin will just end, but seriously, there will always be at least 1 hash/s of power on bitcoin no matter what happens, and blocks will continue to be mined.
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Hey there, I currently have 4 S3 miners. I am going to purchase an S5 soon. What do most of you guys do with your old miners? Do you guys sell your old miners or just use them in your mining software?
This is why people should turn to cloud mining, so that they do not have to deal with old hardware sales to recover initial investments. Except for the fact that 99% of sites purporting to be 'cloud mining' are actually ponzi scams. Just like the one in GG's sig. There are a few paying ones for now, but i'm not going to say anything because some person is going to -rep me for posting good things about a ponzi.. AGAIN. Cloud mining is very insecure and most people would just rather have physical hardware hashing shares that they can fully control rather than some service promising hashrate that may not ever have been generated. Simply go to a website and sell your miner, and when the next gen ones come out you'll be a few dollars closer to a new miner. |
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Hi sidehack, I've got a dead U3 would the chips be any good for a USB stick? I'd like one but obviously can't get them anymore. Would it be able to be run from a standard hub (non powered) through an Antrouter?
Thanks.
The U3 uses the BM1382 chip (same as S3) The compac stick uses BM1384(same as S5) Worth mentioning as I had the same idea when 2 of my U3 died :p It actually depends; some U3s run the BM1384 chips, but those are the ones that run at 0.8w/gh, the ones with slightly lower power consumption and look like a big mac with holes in it. |
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Do I need to install Nvidia Cuda software for this?
I'm getting low hash rates
Old cudaminer is a good bet, i'm not sure that's even current anymore. The last time I checked was in 2013 when my laptop was happily mining away at bitcoin. Old quadro gpu died but I still think cudaminer is supported, or at least covers all gpus from 9800GTX to 980 and Titan X. Not sure about Z and 980Ti, cudaminer may not be supported anymore. |
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So, as mentioned earlier, the proof-of-concept I'm working on now is based on the Avalon A3218. As there isn't a publicly-available datasheet on the A3218, I'm assuming the protocol works about the same as documented in the A3222 datashet.
So today I started setting up a test rig to establish SPI communication with one of the chips. But I need to know what data to send it. If anyone's got advice on this, I'd be happy to hear it.
Specifically, stuff like the A3222 datasheet gives three clock configuration segments, but I don't know why. And especially a means of calculating the midstate and other preprocessed values (a0, e0, etc). I'm spending time parsing through cgminer code, but by now there's a heck of a lot of cgminer code to look through and I figure surely after 3 years of Avalon products in the wild someone knows how those calculations work. Mostly I just need a valid sample I can push to the chip and see if it talks back with something that seems in any way "correct".
And yes, if it helps motivate someone to assist a bit, I will try to implement an A3218 stickminer based around this work.
I absolutely LOVE stickminers!!! So excited to hear about your newest ideas, it looks like my old pentium m laptop with a 20 port usb hub is coming back soon. Loving this progress, i'm sure a product will come soon and will crush all current gen miners.  I have a weird obsession with stickminers, I bought 50 U1s when they came out and sold them later for a S5. Stickminer club FTW! Best thread in the entire forum, will keep stalking this thread around and drink some virtual coffee waiting for something to buy.  |
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Agree: 4,5,7,16,26,43,46: 1 point Disagree: 1,3,10,11,25,29,47,49: 1 point Score: 15 Looks like CS:GO makes people smarter. seems legit since I beat everybody else in my class at reaction time. GG 1 step closer to KennyS skills I guess i'm average then.. My life goes on Sad thing is I only make 80s in math and an iq test showed me at above average. My asian brain must be wasted on first person shooters xD |
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Buying accounts is dangerous stuff as the seller could lie and give you a account with -999 trust and 1 letter posts. I don't see a point in selling accounts unless you truly quit this forum, and even then I wouldn't as it'd take a few months to get to certain ranks. Profit is nearly guaranteed on most accounts because campaigns pay big moolah for member accounts and up for posting. Great for investing, but of course if the posting style of an account changes noticeably or resembles another account the sold account could be given negative trust for being sold. Shady stuff, avoid if possible.
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I have a question, the campaign is run by YoBit and its Bot then why are the spammers removed by hilariousandco ?
Is he the incharge for this?
Yep they hired(I wonder if he's actually getting paid decent enough for this though) him some time ago when the spammers got out of hand. Sometime after they received a neg from him and after me publishing that big spammer list, I believe It's pretty sad that you guys recieved neg trust just for publishing that list, though. Didn't deserve it. I'm guessing hillarious gets paid a lot of btc for this spam removal, if I were him, i'd have quit and done something else. Spam is still over 9000 on Yobit campaign, but i'm glad to see such a huge number removed by hillarious this time. |
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Remember that your router ip has to be 192.168xxx, otherwise it will not work. I wish Antminers worked on 10.0.0.x, because when I switched my router ip, it was a pain in the butt. Took down a few electronics, but was fine after a few days. Nowadays I run a few s3s and 2 s5s on my router, still fine n working.
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Haha and thanks for trying to help me
hmmm that would make sense they are the ones included with the U3s
information on the back of the power adapter model LR120075
INOUT 100-240v 50/60hz
2.5A MAX
output 12v 7.5A
and the PI is powered by micro usb plug and the information on the back
Power adapter
The PIhut
ModelLA-520W
input 100-240vac0.3A
50/60hz
Output5V 2000mA
And I'm in the UK
1st off, that is probably a bad power adapter that is undersupplying the miners. Get a better power supply, preferably 10-20w above required for headroom. Some power bricks have terrible efficiency, and I have experience with that. U3s will go into zombie as the power rail is coupled with the usb connector for some odd reason. Probably just lazy bitmain engineering. Crazyguy's software for R1s, as posted above, is your only hope for u3s. There's a reason they're sold so low. Ofc there are watchdog scripts makeable out there that automagically reboot cgminer on zombie, but seriously U3s are a pain in the butt and you made a mistake buying them. |
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Use reliable tipsters and bet with bitcoin!  Betting is honestly a bad idea, it's structured where you lose overtime. The house always wins is a true expression, and one there for a reason. Long term holding is the easiest. If you are a great trader maybe more shortterm. But again it's hard to get solid speculation on pricing. But look at pricing we went up 10 dollars in a day in BTC value... that is fast. So great traders might have made decent amount on this. But also long term holders .... there is 10 that hopefully stay's (which is no guarantee). I think fast and free... is just hard to do or we would all be rich. Fast and free is truly impossible. I've lost now over 920$ in CS:GO Skins which is why my thread for betting is now dead (lol). Holding is a great way to earn, and generally trading as well is a slow profit. The way bitcoin and life goes is, there is no fast profit. Miners do make profit, but after electrical expenses a block may only be worth ~1-2k$ with a outdated miner rig. I have won a Karambit Doppler on a jackpot website on csgo, but lost it after some shit betting. Betting is unreliable and I now know that. No more skins for me, moar bitcoi incoming! |
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Sell them on ebay and amazon. Plenty of suckers out there waiting to buy outdated miners at high prices. Suckers like me who don't buy from places like bitcointalk... oh yeah...  for example, S1s sell on US amazon for 59$, and ebay around 40. You can get them nearly free (10$) on bitcointalk excluding shipping. |
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I bought 2 used S3's and plugged them in, they immediately started running. Easily changed the pools and man these are super quiet and run better than my s5
S3s and S1s are the sweet spot for most home miners, it's not surprising that people like us choose these miners for low noise over power consumption. Because for hobby miners, you'll probably like to keep boise levels down. I run my S3s next to my gaming rig and it's quiet enough to not disturb my mic when i'm playing CS:GO, but S5s I keep in the basement. 2loud5me |
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