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5021  Alternate cryptocurrencies / Mining (Altcoins) / Re: Radeon RX 7000 on: June 25, 2023, 02:34:27 PM
NewEgg

A video card with an MSRP at $379 sells for $200.
And what kind of profit then do AMD and large stores get from one video card, if they can cut MSRP prices by more than 40%?
And then they say that gamers buy video cards Smiley

Well maybe AMD/Nvidia will promo a new coin soon 🔜.

Or maybe they pump something.

They won’t be selling much as gamers simply don’t buy a lot of cards.
5022  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: June 25, 2023, 02:20:09 PM
how closed is foundry?

Is it 100% Texas USA miners?

Did some research and they have 3 spots

NY
TX
South Dakota.

NY has had cool weather.

Probably only they do know, but if a 3% drop in overall hashrate would have been caused by them alone they would have gone under 30% in the last 3 days which they aren't. 31.97 % over the last 24h 32.86 % over the last 3 days, so assuming no normal variations, they have lost less than 3% of their total, so splitting into 3 states, would be less than 10% in one. This unless four hours from now luck changes and they go back to 32.80%!

In fact, if the price hits 50k it would be very normal and reasonable for dif to hit 80-90, what is not reasonable is hitting that difficulty mark without any major price increase, look at it this way, the price at 30k, diff at 52T and they are still adding gear, judging by how much it cost those large players I did some basic math which shows that even at 60T they are still in the green zone.

I was probably more focused on the math some need to do that not only guarantees a profit, but also ROI for the equipment, and expenses, and that grants investors more returns than shoveling their money in government bonds. To get more gear they need more money upfront, so how are they going to attract a few billions when their statements are looking suicidal at best?! 686.7 million net loss, I know it includes impairments and unrealized losses but still, not the best thing at which you would want to throw money at, right?


I sent them an email seeing if I can join them. Maybe they will tell me how much hash I have to point to them.

Since we are at 4ph we are likely to be too small.
5023  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2023, 01:58:38 PM
Fucking world is nuts.

Plant-based activists demand ‘Macon Bacon’ baseball team change name to stop its ‘glorification of bacon’

https://www.msn.com/en-us/foodanddrink/foodnews/plant-based-activists-demand-macon-bacon-baseball-team-change-name-to-stop-its-glorification-of-bacon/ar-AA1cUNSr?OCID=ansmsnnews11

Sorry I eat bacon and have always loved the "Macon Bacon" logo

My advice is
Don't keep Bacon off your plate.
Enjoy it while you can.

i know folks who keep pigs (and other livestock). until they ban farm animals bacon will still hold its status as "its own separate food group" for some time.

and, speaking (typing?) about bacon.. its time for my morning dose right now..

Will eggs 🍳 finally got cheap again.
I grabbed 3 dozen jumbo eggs 🥚 for 1.17 a dozen. so $3.51 for 36 eggs.
Vs $7.19 a dozen a few months ago.

I used five eggs. 4oz of biltong jerky. 4oz goat cheese 🧀 one vidallia onion 🧅.One potato 🥔 fried that up in some avocado 🥑 oil

This will be breakfast and lunch for me. Dinner will be baby back ribs onions and potatoes and red wine

So beef eggs cheese pork onions and potatoes 🥔 and some broccoli.

Being a diabetic with good cholesterol the meals I eat are loaded with fat and protein. Fairly tasty.

Bacon is for restaurant brunch . I order a cheese onion pepper omelette with a double side of bacon.

I would not be able to deal with
 no bread
no pasta
no cakes except flourless ones
without my bacon and pork and cheese and meats.

I can’t imagine having both high cholesterol and diabetes.
5024  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 276 blocks solved! on: June 25, 2023, 12:36:00 PM
When we see the possibility that 9-figure shares can hit 15-figure shares, from another perspective, are there any seniors who have accumulated more than 14-figure shares and have not yet hit it?
 Huh

1,697,962,680,737 = 13 figures


currently this long 1 ph run

https://solo.ckpool.org/users/3NwurtiKe8GrpVdZGYEESY5N1DQqUboQWz

did 329,105,275,012 which is 12


it has

159,980,062,399 shares but you never know.






5025  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 25, 2023, 03:19:41 AM
Fucking world is nuts.


Plant-based activists demand ‘Macon Bacon’ baseball team change name to stop its ‘glorification of bacon’


https://www.msn.com/en-us/foodanddrink/foodnews/plant-based-activists-demand-macon-bacon-baseball-team-change-name-to-stop-its-glorification-of-bacon/ar-AA1cUNSr?OCID=ansmsnnews11



Sorry I eat bacon and have always loved the "Macon Bacon" logo

My advice is
Don't keep Bacon off your plate.
Enjoy it while you can.












Some respect to some religions below.

"unless you choose to believe a religion that bans it"

5026  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 276 blocks solved! on: June 25, 2023, 02:42:00 AM
So is there a minimum hashrate for you to be able to check the hashrate on solo pool? I started running a BitMaker device to solo mine on solo pool but when checking the address on solo pool, I get a 404 error.


how much has does it have?

did you check in the format below?

with your correct btc address not the one I have below.

https://solo.ckpool.org/users/3NwurtiKe8GrpVdZGYEESY5N1DQqUboQWz


If you have under 100gh it may be slow to show. but it should show up.


I found this device

https://github.com/BitMaker-hub/NerdMiner_v2

says 400gh so it may take a while to register but it should show up in under 2 hours time.
5027  Other / Meta / Re: TalkImg.com - Image hosting for BitcoinTalk on: June 24, 2023, 08:00:48 PM
my donation was smaller 0.001 btc , but I will donate some coin monthly.

~~

along with giving my signature to him.

bc1qhwnncpdd8gfzqwjkk9n052wf7g9mvks3xaa7qa

is his address but double check with him if you are going to donate coin.

Every donation is valuable! Many, many thanks for your support!
Believe me, I will use this btc for expenses with this service.

This is the address, which is indicated in the OP.

A big hug and thank you!  Wink

I will be sending some coin on monday. keep up good work.

https://www.blockchain.com/explorer/addresses/btc/bc1qhwnncpdd8gfzqwjkk9n052wf7g9mvks3xaa7qa


not many are giving.

 I did 0.001 in may.

I will do 0.001 for June
5028  Other / Meta / Re: Another birthday - how about an octogenarian club here? on: June 24, 2023, 05:43:13 PM
Happy birthday. 81 is a good number.

I Hope to get to 81 in 15 years and that you are still here at 96.
5029  Bitcoin / Mining / Re: Russia Becomes World’s Second-Largest Crypto Miner on: June 24, 2023, 05:32:41 PM
How is China different in terms of corruption, being led by mafias and powerful people, about control, oppression and every other properties of totaitarian states?
And when I discuss about those two, I'm referring about energy sources and mining equipment. If Russia can buy cheaper from China, just because of their "friendship", why would they buy from USA? And if they can be a strong alliance, why would they want to do business more with someone that are not their friends at any level right now?
And the mining business has nothing to do with unskilled jobs, btw. It's exactly the opposite
First of all, Russia and China are not friends. Countries with ambition to control the world like USA, China, Russia, UK, Germany, can't really befriend with each-other. Collaboration is possible and I agree with you on that but not on friendship. And what I am saying is that why will China sell equipment in discount to Russia when the USA is there to pay more? And Chinese economy is very much linked with the USA, Europe, Japan, South Korea. And bitcoin mining is not a strategic industry for Chinese government, it's a commercial business in that country and in commercial business, the one who pays the most, gets the product. Russians can't outweigh American bidders and Chinese businessmen aren't going to reduce profit to benefit Russians.

So, all I say is that if things go like there is a huge buying competition between the Russia and America, Americans will outweigh Russians and Chinese businessmen will prefer more profit. In bad case, if China says that it's a strategic business and we will only sell miners to Russians and if Americans think that it's also a strategic business, then they'll invest in the development of Asic miners and America has resources to succeed in it but that won't happen, believe me, otherwise they'll turn quantum computers toward bitcoin mining process.

And in the worst case, if China and Russia takeover Bitcoin mining business, there is always a solution, just abandon it and move on different coin, or make a fork and move from PoW to PoS. I think we talk about things that are unlikely to happen and things don't work the way you post. With that logic, we can say that what if China stops iPhone production and produce Russian smartphones, blabla.
I do not agree that Russia will take over bitcoin mining in order to grow to the level of China before the flight of miners. Such investments may not pay off, and the state does not need it if you read the latest news about Russia. And China will sell asics to all customers.

Hoping you are okay and things calm down a bit.
5030  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: June 24, 2023, 05:20:09 PM
As long as there is a free market, the difficulty will always follow price, there is no ceiling, and price moves a lot faster, but hashrate will eventually come.

Now realistically, I don't see us doubling on difficulty for at least a couple of years, even if the price does manage to hit 200k we will still have the halving which makes the value of those 200k equal to just 100k, and then by the time we climb up to say 400k, another halving will come, so this can't be price doing 2x ATH and difficulty doubling forever, I think we will soon (3-5 years) reach a sort of flat curve on both price and hashrate.

That would be the normal outcome but there are a few variables:
- recession and manufacturing drop, which means more available cheap energy almost everywhere
- the money printing starts again and easy credits and easy investment money are back on the loose
- although I doubt it, some serious improvement in chip efficiency, 15J/T maybe

I tend to agree with your reasoning but at the same time, I won't be surprised to see the hash rate hit 80-90T even with the price around 50k.
From a miner's perspective it might have no logic, but for some "investors", god knows what's the logic behind their actions.

good chance this is Texas and its heatwave.

1 Month: 1   Foundry USA   32.25 %   1,415   
1 Week: 1   Foundry USA   31.43 %   112.76 EH/s
3 Days: 1   Foundry USA   32.24 %   115.67 EH/s
24 H: 1 Foundry USA   35.97 %   129.05 EH/s   

Hmm, not convinced!


how closed is foundry?

Is it 100% Texas USA miners?

Did some research and they have 3 spots

NY
TX
South Dakota.

NY has had cool weather.
5031  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 276 blocks solved! on: June 24, 2023, 05:12:32 PM
It's all about LUCK or TIMING!
Getting the right nonce, submitting the correct share, and at the right time.
Who knows how many other miners had the correct solution but submitted their shares after the first correct one.



you would likely hit the next block.

Ie a 53t wins and a minute later a 54t wins.

sometimes two winning number hit close to the same time and one pushes the other out more often two close high shares win two blocks .
5032  Bitcoin / Mining / Re: WIFI on Antminer S5 on: June 24, 2023, 04:03:37 PM
For the life of me I can’t understand running an s5 why not run a L3+ set it to nicehash which will pay in btc.

I run an L3+ as a space heater. set to 400 mh vs 500 mh it burns 565 watts. it earns 80 cents a day.

the s-5 earns under 10 cents a day.

pretend power is free. the L3+ earns at least seven times the coin.
5033  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2023, 03:57:51 PM
Where's Putin?


https://www.yahoo.com/news/putins-plane-reportedly-departs-moscow-133300722.html


I have to think this news if true will help to spark a big rally. 103k in 2023 may be possible

Putin has several planes. He is often not in the capital, because he is extremely worried about his safety. So the fact that he probably left Moscow does not mean anything yet. And even if the rebel troops in Russia take over, this should not necessarily play in favor of the growth of the bitcoin rate.

Yeah it could be “Meet the new boss same as the old boss” by the who

Well time will tell.
5034  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2023, 03:10:02 PM
Where's Putin?


https://www.yahoo.com/news/putins-plane-reportedly-departs-moscow-133300722.html


I have to think this news if true will help to spark a big rally. 103k in 2023 may be possible
5035  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 24, 2023, 04:17:02 AM
Interesting developments going on. This isn't just infighting, Wagner boss Prigozhin knows the situation in Ukraine is dire for Russia. There must be support inside the Kremlin for a move like this beacause they are fed up from Putin's fruitless policies that dragged the country into a huge mess. Moscow is implementing the Fortress plan, police and military units are summoned that deals with a coup attempt from Wagner group.


https://twitter.com/MarioNawfal/status/1672443335225507840

So I will wakeup and putin will be overthrown in the morning?

https://www.mirror.co.uk/news/world-news/russian-tanks-moscow-amid-fears-30311462
5036  Economy / Economics / Re: Let's get rid of all regulations, what can possibly go wrong on: June 24, 2023, 04:01:10 AM
Imagine if someone makes an "experimental and innovative" nuclear reactor that explodes and gives radiation sickness + cancer to hundreds of thousands. Or someone makes an "experimental and innovative" dam that collapses and floods houses. Invisible hand of the market won't be able to undo the damage or prevent it in the future from repeating again.

Those examples you give are too exaggerated to the point of being unrealistic. For me, the amount of regulations should be reduced to the minimum possible, as well as taxes, but for example for the nuclear or the petrochemical industry, of course there must be regulations. Besides, today we are not exactly lacking in regulations. There are thousands and thousands of pages regulating ad nauseam for even if you want to open a fucking souvenir store. Besides, if the creator of the submarine violated the regulations, he committed a crime to begin with.

Well the highseas have very few rules. He dodged certification because he operated the sub only in international waters.

At least one of the dead was the ceo of the sub company.
5037  Other / Archival / Re: 140$ scam by Using (AiTools) in Signature Campaign on: June 24, 2023, 03:56:43 AM
On the one hand, if the OP is correct, you will receive the cheater's weekly payment, as the rules say in the OP of the signature campaign.

On the other hand, to be on the safe side, you better pass them through at least three detectors, as you can see in the following thread:

AI Spam Report Reference Thread

I am for the integration of AI in the forum, just as it is already happening in real life, but not just copy-paste. Also, I can see that he has one negative tag and another neutral but of negative spirit, so I think the future on this forum looks bleak for him, unless he changes his behavior right now.



Yeah best solution is that.

We all use google and bing for decades to search.

If you link and credit what you used for a source  not an issue.

If you do a one or two paragraph ai post showing the question showing the answer and making a opinion or comment to it its not a big deal.

Its all about explaining your  sources and links with possible opinions on what you found.
5038  Economy / Speculation / Re: The low support level may still be tested during 2023. on: June 24, 2023, 03:37:07 AM
I really wouldn't be surprised or disappointed if bitcoin price tests the low support below $20k again in 2023 (but I'm sure it won't). Even though bitcoin is still trading above $24k at the moment, the possibility of a drop cannot be ignored. I don't think prices will hold well over the next few months, so of course I need to set up a budget to plan my purchases and build a strong portfolio.

Don't panic, do some analysis and collect some bitcoins if you have more budget. I will be doing this for the rest of the year and hope it will benefit me for years to come. Don't sell at loss, that's good advice for anyone holding it so far.

So far you do not look good with this thread.

But maybe you are right who knows.
5039  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 23, 2023, 10:56:26 PM







...big ass snip ...


Bitcoin Moving forward at a great speed. Last 2/3 days Bitcoin moving excellently. Near about 13% pumped already. I think now we are in bull market. After Long time Bitcoin price increasing continuously. I Think bear market is passed. Huge positive news coming continuously so bitcoin is pumping. Today i found out a good news i think it will creat positive impact on cryptocurrency market. Brazil’s largest Bank ITAU is joining National Association to Defend Bitcoin and crypto. I think for this positive news crypto market will pump. I wish in future more good news will come for crypto and bitcoin price will more high.

Fuck crypto.


Fuck crypto means fuck all coins including btc

"fuck shitcoins"  is a  better term


JJG while you are a very clever bot reinventing language is not a good way to go.
5040  Bitcoin / Mining speculation / Re: 2023 Diff thread now opened. on: June 23, 2023, 10:46:43 PM
we dropped again



Quote

https://www.bitrawr.com/difficulty-estimator


Latest Block:
795624  (29 minutes ago)
Current Pace:

96.7656%  (1321 / 1365.16 expected, 44.16 behind)

Previous Difficulty:
51234338863442.89                            
Current Difficulty:
52350439455487.47                            
Next Difficulty:
between 50724264524924 and 50912221102078
Next Difficulty Change:
between -3.1063% and -2.7473%
Previous Retarget:
June 14, 2023 at 7:09 AM  (+2.1784%)
Next Retarget (earliest):
Wednesday at 5:03 PM  (in 4d 22h 22m 13s)
Next Retarget (latest):
Wednesday at 6:23 PM  (in 4d 23h 42m 18s)
Projected Epoch Length:
between 14d 9h 53m 46s and 14d 11h 13m 51s
Copy stats to clipboard


good chance this is Texas and its heatwave.

Houston should have 10 in row at 100f
Dallas about the same.
Austin will be closer to 105 f .

So we were +1 and now -3

With some luck next weds we are at 50t for the diff and 33k for the price.
That would make for a good 2 week jump say June 26 to July 9
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