well 2 new m30s+ due in about 2 hours time. brings us from 1.5 to 1.7ph and .8ph = 2.5 ph  What's your reason for going with the 30s? The 50s are better J/TH and $/TH and total TH Well I don't know the quality of the liquid cooler. 2x 30s+ cost me 3200 2x 50 would be 5400 SO if the cooler sucks I save 1800 maybe 2000 buying the 30s+. which is the cooler cost. If the cooler is good we will likely get 10 more and use m50's in them If the cooler sucks we will likely go back to s19j pro gear. m30s+ = Investing 3200 + 2000 = 5200 plus import taxes . m50 = Investing 5400 + 2000 = 7400 plus import taxes. going all s19j pro I can pay 1776 for 1 includes all so 4 x 1776 = 7104 for all truly cheaper but my cooling issues won't let me max with air cooled gear. we have 1.7+ .8 = 2.5 ph for btc we have power for 25 3 kwatt units we don't have cooling Also I know 'buysolar' can use this cooler in his home he has a 115kwatt solar array so this will work in his house if it is not good for the farm. So bad cooler means s19j air cooled good cooler means m50's and maybe 6-10 coolers @ mikeywith yeah there is a bit of gear fomo 100th miners were selling at 15k they are now under 2k A lot of people like me with good cheap power but other issues (cooling) are buying. 2 days and 6 hours in we are plus 9.1% https://www.bitrawr.com/difficulty-estimatorLatest Block: 776511 (4 minutes ago) Current Pace: 109.1871% (352 / 322.38 expected, 29.62 ahead)Previous Difficulty: 39350942467772.63 Current Difficulty: 39156400059293.19 Next Difficulty: between 40242775121081 and 42779844812684 Next Difficulty Change: between +2.7745% and +9.2538% Previous Retarget: last Sunday at 2:50 AM (-0.4944%) Next Retarget (earliest): February 24, 2023 at 10:34 PM (in 10d 13h 59m 53s) Next Retarget (latest): February 25, 2023 at 5:50 PM (in 11d 9h 15m 32s) Projected Epoch Length: between 12d 19h 43m 42s and 13d 14h 59m 21s Copy stats to clipboard a 9% jump would suck but maybe it happens. Can't worry for now it is early. |
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And if you are into stats, your chance of winning a block reward solo mining is infinitely higher than with a pool  That doesn't sound right, judging from how many users tell you that the chance is only around 2% within a year. Not to mention the difficulty is going to fluctuate, and I bet it will increase and just lower your chance even further. Doesn't really matter whether you have free electricity or not if you will never get it in the first place. Can you show us the math? Based on my experience, I only saw one post from a lottery miner in this forum, while the rest are just talking about probability, etc. Most of the time they are just doing it for fun, so if profit is your goal, mining with a pool is arguably more profitable & efficient. CMIIW. You misunderstand his statement. Here is another way of writing what he said: If I mine on a shared pool my odds of winning a solo block all to myself are zero. If I mine on a solo pool my odds of winning a solo block are unlikely but far far better than zero. and another way would be. you can't win a solo block on a shared pool. since you do must share with the other miners. in a way he was being a bit sarcastic with his statement. #################################################################### ##################################################################### Shared pool by definition means shared odds of winning a solo block are impossible. Mining solo means you take it all no sharing. It is unlikely to win a block but you can win one or more every day you point gear to a solo setup. off topic: I mine at a small pool with a password to mine only. https://pool.laurentiapool.org/#/work146UJM5kgzLVUV23CXCf33KQKHckoX1gx3 will get 2.19 coins if we hit a block now the pool has 222th which means $15.55 in earnings a day if it was not solo. a block is $132,000. so the shot of us hitting a block is 8500 to 1 but even at those odds it is not a solo block it would be shared with 4 miners. Its close to solo for 3 of the miners the rewards are very nice, but it is not solo and at the moment it can not be solo for the next block since 4 miners have shares and will get some of the coins. |
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I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do some silver. There we go! Do you buy silver often? How can you not own at least some? It’s an excellent store of value. my wealth in no order us gov bonds real estate silver btc ltc doge gpus asics for mining btc asics for mining ltc/doge But I am an old guy 1957 + 66 = 2023. So at 66 I don't think past 93 which is 27 years. If I was a young guy say 30. I would be way more into: Doge, BTC and LTC of mined coins in 50 years I favor Doge more than LTC or BTC |
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Can the real whatsminer website please stand up?
Im looking at joining you in this adventure, 2x whatsminer in the octo tank!
https : // microbt-whatsminer . com/product/whatsminer-m50s-plus/
Is this legit site?
no please note I disabled link real site is this: https://whatsminer.com |
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Well, judging by what can be found according to the data on the market in Nigeria of components for creating kits based on solar panels, then for example a kit consisting of a 5kVA inverter +4 batteries with a capacity of 200Ah + 8 solar panels of 250W there costs 1,450,000 naira or $3,152, if you take into account the average salary in Nigeria of $170, then this is an impressive amount. If of course you can trust this site on the review price for Nigeria https://nigerianprice.com/solar-panel-prices-in-nigeria/  that investment means about 6 x 2 = 12kwatts of power. and since you do not want to fully drain the batteries take that 12/.6 = 7.2 kwatts of power. a s19 pro set to low speed does 2 kwatts. so you could run it 3-4 hours a day. so to run it a full day you need 3,150 x 6 = 18,900 maybe 20k so 20k and 2k for the gear is 22k. the batteries will last about 3 -5 years. a s10 pro on low spend makes 5.60 usd a day or 2k a year. so in 5 years you will have earn maybe 10 k against the 22k you laid out. and it will be time for batteries. |
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you do not drop 6.25 btc and a fee of 0.01 fee
hoping to get a block of 6.25 btc and a fee of 0.1
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I am curious. How many of you also stack gold and silver in addition to BTC as a hedge for inflation?
I do some silver. |
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normal' and 2950 watts = fail
'normal' and 2900 watts = fail
Where does it fail when you set these numbers? Also, looking at the tank you posted it says 12kw cooling capacity, no mention of the 6kw, which means it can safely run two MicroBT even overclocked, unless I am missing something. you are correct misread it. SALE! NEW PRODUCT OCTOTANK 12 LIQUID IMMERSION COOLING SYSTEM 🔍 "OCTOTANK 12 $1,399.00 - $1,499.00 Miners Supported 2x MicroBT Whatsminer or 1x Antminer Input Power 180-277 VAC Maximum Input Current 60A (MAX COOLING CAPACITY 12KW )Networking RJ45 Port (POSSIBLE TO UPGRADE TO WIFI) Security LOCKABLE TOP (SPECIAL BOLT KEY) Operating Min/Max Temp -30C TO +40C / -22f TO 104f External Dimensions 40x40x120CM / 15.7 X 15.7 x 47.2IN / 85KG Additional Features IP54 WEATHERPROOF. SAFE TO USE ALL YEAR ROUND Internal Tank Dimensions 321 x 244 x 580 mm 12.6 in x 9.6 in x 22.8 in" please note info in "..." is from octminer's website good then this is better than I thought. It will cool 2 m30s+ with ease. Even if I run them at high speed. |
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well 2 new m30s+ due in about 2 hours time. brings us from 1.5 to 1.7ph and .8ph = 2.5 ph What's your reason for going with the 30s? The 50s are better J/TH and $/TH and total TH Well I don't know the quality of the liquid cooler. 2x 30s+ cost me 3200 2x 50 would be 5400 SO if the cooler sucks I save 1800 maybe 2000 buying the 30s+. which is the cooler cost. If the cooler is good we will likely get 10 more and use m50's in them If the cooler sucks we will likely go back to s19j pro gear. m30s+ = Investing 3200 + 2000 = 5200 plus import taxes . m50 = Investing 5400 + 2000 = 7400 plus import taxes. going all s19j pro I can pay 1776 for 1 includes all so 4 x 1776 = 7104 for all truly cheaper but my cooling issues won't let me max with air cooled gear. we have 1.7+ .8 = 2.5 ph for btc we have power for 25 3 kwatt units we don't have cooling Also I know 'buysolar' can use this cooler in his home he has a 115kwatt solar array so this will work in his house if it is not good for the farm. So bad cooler means s19j air cooled good cooler means m50's and maybe 6-10 coolers @ mikeywith yeah there is a bit of gear fomo 100th miners were selling at 15k they are now under 2k A lot of people like me with good cheap power but other issues (cooling) are buying. |
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This mempool is getting out of hand!.. philipma1957, need you to fire up those new rigs!
I did :  |
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Okay this below is 'normal' with a 3050 watt cap
Yes, you want to keep the power mode on normal when setting a power limit on the miner, it's almost impossible to bring the miner to an exact figure, so your 3050w limit will usually be slightly less, a few watts here and there, also, the power consumption on the tool isn't 100% accurate, so make sure you use a wattmeter to get the exact correct number. I would also look for a different tank, 6kw is too much for Antminer and a bit on the low side for 2*Whatsminer, but at the end of the day, the lower you go on these Whatsminer the more efficiency you gain overall. Also if the project kicks in and you want to sell the package as a 200th miner you would want to get the M50, they range between 25w/th to 28w/th, the lower the more expensive of course. The M50s 110th 28W would be a good pick, it should do 110th at 3080w default, so if you want it to stay at 2900w (to not go above 5800w for the tank) it will do 103th or a total of 206th for the tank. Meanwhile, keep in mind that you will remove fans in the tank, the reading on the wattmeter will take the fan readings too, the fans in the pics you posted are running close to full, they consume about 85w each at full speed (7k rpm), so the reading on Whatsminer tool will be a lot more accurate when the miners run in the tank. I don't mind if I am short of 200th and end up selling a 180th machine burning 5800 watts. The key with the unit I am using is it is a 2 whatminers piece. The cooler has the ability to heat in the winter and warm a pool in the summer. My partner "buysolar" has been doing solar setups in New Jersey for 20 years. We may work the angle a few ways. Also we may do a single whatsminer m50s+ overclocked if they supply a proper psu to do that. https://www.whatsminer.com/src/views/product_details?id=15&name=WhatsMiner%20M50S+ what matters down the road is how good the cooler is. It could be a bust. which is why we got the m30s+ to test it just in case we don't like it. what I have found interesting is: 'normal' and 3100 watts = good 'normal' and 3050 watts = good 'normal' and 3025 watts = testing now>>>> edit : now doing: unit 1 >> 92.509 th 32.56 watts a th and 3011 total watts
unit 2 >> 92.490 th 32.62 watts a th and 3017 total watts'normal' and 2950 watts = fail 'normal' and 2900 watts = fail this is not to complain but may mean the cooler will struggle with 2 m30+ on normal and 6100 watts. Typical designed just a bit wrong and yet they push 2 whatsminers as a fit with the cooler. Likely need a quart more liquid and a little bit bigger radiator to be perfect now on low setting I did 88 and 2875 watts which is 32.67 and 2 of them would be about 5750 watts. so low setting may be needed for the coolers. I will post back to see if I can play with settings a bit more. Maybe with a day of burn in I can set lower than 3025 watts on normal. |
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Okay this below is 'normal' with a 3050 watt cap total of 6100 watts which would be too much for the cooler if it can do 6000 advertised number. |
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I was not referring to referrals.
ViaBTC was giving (illegal) kickbacks.
oh did not know that. thanks for info. |
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...unlike other U.S. asset classes, Bitcoin is orthogonal to monetary and macroeconomic news. This disconnect is puzzling as unexpected changes in discount rates should, in principle, affect the price of Bitcoin even when interpreting Bitcoin as a purely speculative asset.
New York Fed - The Bitcoin–Macro Disconnecthttps://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1052.pdf"6 Conclusions Is macroeconomic news driving Bitcoin? In this paper, we conduct a systematic analysis of the impact of macroeconomic and monetary policy news on Bitcoin’s price. We model Bitcoin as an asset with no intrinsic value for which its current price depends on the discounted value of its future price. In our empirical analysis, we find that Bitcoin is unresponsive to both monetary and macroeconomic news. In particular, the result that Bitcoin does not react to monetary news is puzzling as it casts some doubts on the role of discount rates in pricing Bitcoin. Given the short sample used in the analysis, however, more evidence is needed to assess the disconnect between Bitcoin and macroeconomic fundamentals." duh they still do not understand the why of it. please note my quote is from the fed article. Yep.. that's a good point Philip. They consider bitcoin as uncorrelated, which is probably a correct conclusion; however, they arrive at such "uncorrelated" conclusion based on the wrong reasons, and they are trying to argue (desperate or what?) the same bullshit that fails to appreciate any kind of value/utility in bitcoin beyond speculation, and such bold face lies are not going to be very convincing for anyone who even spends 20-100 hours really studying bitcoin. .and then realize that even if we might not agree upon the extent to which bitcoin is useful or that it has utility, anyone who is assigning "zero" utility of it is engaging in bold face lying or they are delusional. Just the mere ability to send value without an intermediary is valuable as fuck, even if there might be some obstacles and some volatility.. or even loss of value within the range of bitcoin's ongoing price dynamics possibilities.... and yeah, sure there could be ways to remove or lessen BTC's liquidity through various attacks and freezing of avenues, but then where the fuck is bitcoin going to go? more and more underground.. so not sure what that accomplishes beyond just making the war (battle) more obvious. We used a combination of BTC mining and New Jersey solar power incentives to build a 45kwatt solar array a 115kwatt solar array and a 280kwatt solar arrary. These small commercial projects are scalable to 2megawatts in NJ. You need a proper site and an investor willing to create the array mean we can have a lot more setups done like this. |
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If I tell you that bitcoin will be worthless because all governments are going to ban it tomorrow and I link to a shitty website as the source I could persuade people to panic sell and then lose out on money. This does not benefit me except for pushing the price down if there is a enough people panic selling but by spreading FUD I have caused many people who panic to sell their btc at a loss. How is that not unethical?
that is not uncertain that is a lie. 1) crypto/btc is not going to be worldwide banned tomorrow. but if you said that 2) all the governments of the world have the ability to declare crypto/btc illegal over the next 2 years that is uncertain. so 1 is not okay to say 2 is okay to say. part of life is constant uncertain shit happens day after day. it is okay to talk about it. The other day I read the earths core stopped spinning then reversed its spin. https://www.cnn.com/2023/01/25/world/earth-core-turning-scli-scn-intl/index.htmlA) I never heard about this B) seems interesting C) I have zero idea if it is a bad thing for us as humans. D) if I say it means we humans will all die as this means the second coming of christ and the end of times. I would be lying as I have zero idea if that is true. E) if I say it scares me and I hope that it won't speed up Greenland from melting So I am selling my beach house moving to the mountains. I am spreading an uncertain set of issues that I have about the earths core. F) the reality for me Is I don't care as either way I will be dead in 50 years or less (I am 66 right now) It is a fine line between lying and uncertain shit and how you say it. |
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First one is powered up on normal. 96 th as you can see the middle board is a bit low. but not running for a long time. I will give it a 3 hour run on normal then test low and high speeds.  My thanks to mikeywith for helping me to get this Glad they arrived, you can not test the high with air cooling, low will work fine and cool, also you can download whatsminer tools and set power limit for each miner, like 3000w it runs a lot cooler with reduced hashrate. I will likely set them to 2800 watts as the cooler is supposed to do 6000 watts max. update. I set to normal speed and used the whatsminer's tool to lower watts to 3100 or less. results below:  So I save 300 watts and drop from 96.0 to 93.8. 2 at this setting would likely be to hot for the cooler. but I do know that setting on low does 88.1 and 2850 watts which would be good for the cooler as 2x2850 = 5700 which is under the coolers 6000 watt spec. |
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Yeah the problem is governments truly do not want an unstoppable transfer of wealth. |
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