Minning isn't dead. But you will not make money with an usb miner at your home. You can be minning some satoshis at your home but as a hobby.
Minning now is more professional, big minning companies with lot of new designed miners and small electricity prices. If you want to be successful in mining against these big groups you will need a lot of money to invest buying the best miners and you will need a very few electricity price.
It is far from dead but USB stick miners have a cost that will not ROI in most cases. It just costs quite a bit to produce it and they have smaller hashing speed then a bigger unit. You need decent electricity but yes many can still mine. Heck price has even been going up so its easier for some. |
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I can confirm Hashnest and Genesis Mining, i have to check better bit-x but in the first view looks legit.
i agree with Hashnest but not on genesis mining. bit-x looks like trusted too coz they are under BitFury are they confirmed it AFAIK Im not trust genesis mining, "lifetime contract" is very possible running ponzi scheme also if you calculate "the fee" and "reward mining" different if you calculate with mining calculator I'm sure some will call me bias, but honestly I'm able to state my opinion. But I do not like anything that say's "lifetime". As a miner I know all machines have a lifetime. Of course it can't be lifetime.. In the case of Genesis Mining is just such a term. We all know that the difficulty of mining grows with each passing day, so power purchased now will slowly approach zero. I wish they would have put "Long term mining" or something to suggest long period of time but not lifetime. To many scam sites use lifetime on trying to sell cloud contracts (no I'm not calling genesis mining a scam). But that is my preference and I'm just one person. |
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i think better to start join signature campaign if you are Full member
you can learn more about bitcoin in 4month (newbie to Full member)
I highly suggest doing the same. Good post content really does pay off don the line. When applying to a campaign if you have quality posts they will let you join. But many people cannot wait it seems to earn on sig campaings. Funny thing I actually never did it till Hero. I just was so into hardware I never looked into them. Wish I would have now looking back. One of my few regrets in BTC. |
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Is it ok for members on this forum to post a fake quote ?
Can I ask why you want to know this? Why would this be good information for you, I hope you're not planning to try & trick or scam people? Look up in thread someone edited one of his posts so it said like daily scam instead of some other word. So OP is a victim of it not trying to use it. I think he wanted to know to get other person in trouble. But I don't think it happened. |
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I keep thinking the will have them in sometime. Not sure of timeline though. To be honest if renderings are right I might want a Europe one - https://bitcointalk.org/index.php?topic=464496.0 . I like owning set's. So not sure if I will manage to get one of those for decent to US or if they even will sell one to US. Have you asked the seller in email or anything if they are close? Actually, i haven't contacted them yet... I might send them a mail and ask for a timeframe tough... I don't know if they ship to the US either, if they don't ship i can easily buy one for you and send it over (don't mind using an escrow)... Me too:) I would be more than happy to do our US members a favor. That beeing said, it's very likely that the two sticks are very similar. Did i miss something? Cheers, Jeff. If the rendering is correct in stick forum they will have a different heatsink. So as far as usability should be the same. But it looks different  and i like to collect sets. So no real justification on getting one besides I like collecting sets. |
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Hello  Thanks for the answers. Although, i live in France, i don't mind buying in the US, even if the seller doesn't ship oversea. Indeed, i know and use a very reliable mail forwarder (they have a referral scheme, so don't hesitate to contact me if interested  ). From what i understood, both device from bitshopper.de (europe market) and GekkoScience (US market), is build from the same recycle chip board (am i right?). The first batch is already sold out, and the second batch should be available soon, although a little more expensive (but the new device might be more powerful). Did i understand correctly? Cheers, Jeff. Not sure of bitshoppers source of chips. But Bitmain sold 1k chips to sidehack. They are using those chips on the US/Non-Europe compacs. If you have a good mail forwarder like you said you can put in a order to get in queue. Currently it's between batch 1 and 2 it should be less than 2 weeks from when me made the announcement. The recycling of board is more for a future product from Sidehack. The pod, it is still in dev though. |
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It just looks like a replacement for the 14V Buck Converter that feeds the LDO on the Top 3 Stages. I guess it's intended as a replacement if you have a failure? They have removed the inductor but left the U101 in place, also looks like you can also adjust the voltage.
Rich
I saw voltage on it and was curious with that. With being able to adjust think it will see any eficiency change? Or mainly just a fix and that's it. |
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I keep thinking the will have them in sometime. Not sure of timeline though. To be honest if renderings are right I might want a Europe one - https://bitcointalk.org/index.php?topic=464496.0 . I like owning set's. So not sure if I will manage to get one of those for decent to US or if they even will sell one to US. Have you asked the seller in email or anything if they are close? Actually, i haven't contacted them yet... I might send them a mail and ask for a timeframe tough... I don't know if they ship to the US either, if they don't ship i can easily buy one for you and send it over (don't mind using an escrow)... Thank you for the offer I will have to keep it in mind. With it being Monday might toss them an email and see what they say. I would suspect once they get it going it will move pretty fast. But if they are working on first batch there could be some tinkering to get it right on their manufacture machines as I suspect they and Sidehack do not have exact same machines. |
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i see a new thing in aliexpress
Removed pic to save space
what is this for? Does it say what it's achieving? I'm guessing better efficiency it looks interesting. Just would like to know a lot more about it. The S5 would be amazing if they could get to level's sidehack has, but I wont hold my breath on it. |
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Hello,
To be honest there is not much to research. If you want a stick miner to mine. Go get one of sidehacks compacs.
No other usb stick can do 8gh let alone 16gh when oc. Raspberry PI is nice as it uses very little power.
It's just that i know it's rude to ask questions without reading first every topics the members provide Still this USB device "sidehacks compacs" looks amazing: cheap and as powerful as the big equipments. Any drawback? Would i have to join the sidehacks pool too? I mean is it just recommended or mandatory? Thanks again If i'm not mistaking, sidehack uses the same component as the S7, so there shouldn't be to much downsides ps: i THINK i'm correct, but my memory sometimes fails, check the specs before buying a stick Its actually using the BM1384 chip so not S7. But what sidehack and novak did was amazing on what the dropped power to. They truly excelled at this. It's currently in-between batches but within 2 weeks I think should start shipping. If your in us it's pretty easy - https://bitcointalk.org/index.php?topic=1126705.0 . Europe is a little different. But on the club it is not necessary to join. It's just a group of us that pooled ours together for fun. We are solo mining which it's a small chance of hitting it but we have fun doing it together. The club is really a group that supports sidehacks hardware current and hopefully future . I can vouch for the fact that getting a stick in europe isn't easy... There is one seller AFAIK, but he hasn't sold a single stick so far (still not in stock). I've been checking his site frequently over the past month(s), but nothing so far... https://www.bitshopper.de/shop/sha-256-miner/usb-miner-bitcoin/gekkoscience-compac/ I keep thinking the will have them in sometime. Not sure of timeline though. To be honest if renderings are right I might want a Europe one - https://bitcointalk.org/index.php?topic=464496.0 . I like owning set's. So not sure if I will manage to get one of those for decent to US or if they even will sell one to US. Have you asked the seller in email or anything if they are close? |
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Morning bitwisdom:
Bitcoin Difficulty: 60,883,825,480
Estimated Next Difficulty: 61,957,335,341 (+1.76%)
Adjust time: After 1425 Blocks, About 9.5 days
Hashrate(?): 442,544,990 GH/s
Monday is a delivery day. So will be interessting to see some S7's possibly hit peoples door. Price is hanging around 262, so not bad. Hopefully a slow nice incline in price.
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The S7 is not selling well because Bitmain priced it high enough to make RoI on it VERY VERY IFFY even at low electric cost (5c and under / kwh). If the spec that have been "published" so far on a new Avalon unit are correct, it needs to beat price/TH vs the S7 to have a prayer of selling significantly, at it's even LESS efficient (though close) and will have even less probability of achieving RoI than the S7 if it's price isn't less/TH.
BTC mining is Fast moving from the West to the East just because of energy pricing
There are places in "the West" that can match Chinese energy pricing - there are quite a few other factors involved in the strength of Bitcoin mining in China. Like being able to get a truck and drive to a Asic manufacture fill it up and go to a data center. For example US a semi load quite a bit of shipping, China semi to data center much cheaper. I think it will take having till a lot of US focus more on electricity price. At that point our data centers will drop some in price. |
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LK announced LONG ago at this point. Everyone assumed it was with Innosilicon as they have always been partners in past. Also they said same NM as each other.
BW miner is kinda new and assumed with Innosilicon. So no public info really on what's happening with LKETC original gear if still planned, or BW stole Innosilicon.
That is what I get out of it anyways.
BW *IS* LK - in part. LK owns part of BW IIRC "Bitcoinbank" owns the rest. I'm curious where the claim that LK/BW are designing their own chip comes from - that would be a complete break with their previous business model, and they have NOT said or announced anything about such a thing that I've been able to find (though they also have never specifically said they are planning to use Innosilicon A3 chips). When you say in part can you go more in depth? What is their relationship? Does one own the other As far as both of them they would be using Innosilicon chips to my knowledge. LKETC for sure will be on what ever their next dragon will be. And BW would most likely use it aswel. |
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If I bump every day, they might click it
Honestly you really don't need to bump a topic like this. If it's good others will bump it. If it's meant to die... it dies. When you do daily bump on threads asking for tips like that just seems like possibly doing it for the tips. A lot of the ideas are not worth the time. Like faucets, games, capatcha. Your talking about income that's in most cases cents per hour... pretty bad. So some of these really could be removed without losing time. |
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Today i know is the best safeist bitcoin wallet note online. I will suggest coinbase because you have a very secured vault to transfer your coins in 48 hrs .... than the others....
i don't like how with coinbase you're 100% tracked, if you hold something, there and also i suspect there are fee for retiring your fund, better to stick with local wallet dunno why people can't handle them bitcoin was meant for to be used by you only, not by a third party also... The tracked part does not bother me as I do nothing with it worth hiding. They would be bored to tears with mine. But most of mine comes from mining... so really it's pretty good as far as not being tracked, I could mine into any BTC address an start a wallet. A cold wallet still beats coinbase I think. But coinbase is a good one no doubt about it. But paper wallet and hardware wallet I still think are the winners. Even it doesn't bother you, coinbase or government would be curious if you keep a lot of bitcoin there I heard few people got their bitcoin's locked by coinbase because they failed to answer few question And, of course cold wallet is better than coinbase vault. we don't know really know details on how they keep our bitcoin, so it could be bad. Hardware wallet would be best option, even if it's a bit expensive Have you hear of one where they don't give coins to person though? I have heard of canceling account, but not taking coins from you. It's pretty common if you try to buy on coinbase and sell on localbitcoin if you go direct there is a decent amount of ban. This is as they follow the KYC laws and don't want to help money laundering so cant really fault them to much. |
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Well, you could always tap into your neighbor's line.... that would probably be the cheapest. But other than that, the cheapest may be to start a company and register as commercial. Most places have a preferential commercial rate. Obviously this has other overhead costs as well. There's no such thing as a free lunch.
That's kinda common here on our country (mostly known as jumper) especially on most of the squatters areas, actually it's free of cost but its illegal (you can bribe policemen here though whenever you've been caught  ) and they are more likely prone to fire. I've heard that's what also some miners here on country do cuz electricity here was so expensive. What country are you in? Seems crazy to screw around with the meters. Let alone add theft to it. Are you saying they are just bypassing the meters? Scary stuff. |
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Not a bad post on different wallets. But it's really missing cold wallets. Such as paper or pc cold wallet etc. They are the most secure aswell... so kinda need them.
I suggest on tips maybe change from red to black and a tad less on font. But that is just a suggestion.
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Hello,
To be honest there is not much to research. If you want a stick miner to mine. Go get one of sidehacks compacs.
No other usb stick can do 8gh let alone 16gh when oc. Raspberry PI is nice as it uses very little power.
It's just that i know it's rude to ask questions without reading first every topics the members provide Still this USB device "sidehacks compacs" looks amazing: cheap and as powerful as the big equipments. Any drawback? Would i have to join the sidehacks pool too? I mean is it just recommended or mandatory? Thanks again If i'm not mistaking, sidehack uses the same component as the S7, so there shouldn't be to much downsides ps: i THINK i'm correct, but my memory sometimes fails, check the specs before buying a stick Its actually using the BM1384 chip so not S7. But what sidehack and novak did was amazing on what the dropped power to. They truly excelled at this. It's currently in-between batches but within 2 weeks I think should start shipping. If your in us it's pretty easy - https://bitcointalk.org/index.php?topic=1126705.0 . Europe is a little different. But on the club it is not necessary to join. It's just a group of us that pooled ours together for fun. We are solo mining which it's a small chance of hitting it but we have fun doing it together. The club is really a group that supports sidehacks hardware current and hopefully future . |
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Today i know is the best safeist bitcoin wallet note online. I will suggest coinbase because you have a very secured vault to transfer your coins in 48 hrs .... than the others....
i don't like how with coinbase you're 100% tracked, if you hold something, there and also i suspect there are fee for retiring your fund, better to stick with local wallet dunno why people can't handle them bitcoin was meant for to be used by you only, not by a third party also... The tracked part does not bother me as I do nothing with it worth hiding. They would be bored to tears with mine. But most of mine comes from mining... so really it's pretty good as far as not being tracked, I could mine into any BTC address an start a wallet. A cold wallet still beats coinbase I think. But coinbase is a good one no doubt about it. But paper wallet and hardware wallet I still think are the winners. |
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I knew a guy in a neighboring country who bought a solar panel because he lives in a house and then they made him pay VAT tax on the electricity he generated, with the general electricity cost which i belive was about 1$/watt.
Someone told me that in Florida once upon a time if you went solar you had to pay the power company compensation. I find that hard to believe but anything's possible if profit is on the line in the US. Good old America! All they do out there is looking to save their a**es and their profits so this doesn't surprise me at all. Here is another one that I have heard! Why there are no trains in the south of the US and there are in the North? Oil companies have bribed the government not to build any tracks in the south so that people must drive and they can sell more gasoline. I think you are reading a little to much into bribes on trains. Originally it was going west was the goal... so east to west ... which was huge in it's day. But it is expensive as heck to build new tracks. I forget what our town paid when they bough one "safe" stoplight with the arms that warns train coming it was huge though. A lot of the rails are going to places that had to be a booming town long ago. I know some spots in Midwest where they have actually picked up rails and stopped certain places as it's did not have enough traffic. It is really impressive when they do pick up the rails they take a LOT of metal in shorter period of time then you would think. But I don't see trains being the massive problem on electricity price. Of course it was expensive, your light. They can charge what they want, just like they charge one Tylenol in a hospital $7 and you can buy 3 bottles in a store for that money. You know what I mean. But nobody can persuade me that cargo train transport isn't economical and a very good option in the long run. Even if it connects only the major cities. Otherwise nobody in the world wouldn't do it. It all depends I know of one locally they have a train just for this. It goes and get's coal... the electric company uses it up. But they have to be not horribly far away or it does not make as much sense. Most electricity companies build close to their source. Be it coal, oil, water, wind, etc. I like trains always thought they were neat. But I think you will see they are on the decline overall. The amazing part is the price of metal they actually have crews that take apart old tracks as its worth good money. There was a track on my land it was not used for quite a while. Eventually the train company decided to come get the metal, and the land went to landowners on each side of it so split down the middle. |
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