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5421  Alternate cryptocurrencies / Mining (Altcoins) / Re: x4 GPU for start what i have to build cpu mobo psu ? on: February 18, 2020, 03:55:11 AM
As far as I know, system RAM requirements doesn't depend on DAG size. I wouldn't buy more than 4GB for this reason.

I didn't think it mattered either however it won't work with too little ram. Try and mine with 3GB of RAM and see if the mining starts, it won't. Only way I could get mining to start with little ram was under Linux using the official ethminer from ETH dev foundation. This was in 2016 however I am sure right now its similar. But if he is using Windows and the Claymore miner he will run into issues, even if the virtual memory is set to 32GB or so.

The way the DAG buffers into the GPUs, I think it first goes into the RAM and then onto the GDDR, so if you don't have enough memory it will fail and get you some error. Plus ram is very cheap so might as well get a 8GB stick, or if budget is a factor then get like 4GB+1GB or so. The speed of the ram won't make a difference.
5422  Alternate cryptocurrencies / Mining (Altcoins) / Re: How are you R9 Fury NANO ? Maybe I can help you. on: February 18, 2020, 03:49:43 AM
Mining eth at about 20-21 Mh/s.  -50% power limit, runs at 63-65c and the card draws about 75w according to HWMonitor. This is my personal PC, so at best I'm probably break even when you factor in the wattage of the rest of the pc.

What OS is this under? Is it with Claymore? If so try a different OS or a different miner and see if you can get a faster speed. You might be able to get 30MH/s. Back in 2016 or so this was the speed that these GPUs got.

They were the most power efficient GPUs at the time, however due to their cost, many just mined with R9 290 and later switched to RX series GPUs.

Reason why is because I think this GPU like the Hawaii suffer from the DAG slowdown and my R9 290 also hashed at like 20MH/s when a few years back hashed at 30MH/s. Apparently there is some bug with Windows or Claymore, so switch a few things around and see if you can get 30MH/s. Power consumption will be a little more.
5423  Economy / Trading Discussion / Re: I was offered to EXCLUSIVE TRADING BOT - whats that? on: February 17, 2020, 05:46:55 AM
Think about it. If a certain trading bot actually works really really well and actually achieves those things it was advertised, why would you sell it? If I had a really really effective one, I definitely wouldn't sell it and I'd just use it instead.
I agree with this logic, but the concept of trading bot is not like that. It's just like automated trading of your choice. For example, you will sell if the coin goes 5% up and buy if the coin goes 5% down. A trading bot is not like a god thing that will make you a ton of money. It will just make your trading life easy, and you will never lose the chance of buying at the right moment.

There are several bots that is legit, Just choose the right one and try it yourself, some might say that it's not effective or some will say that it is effective, If you are a busy person then, a trading bot is for you.

Your bot would be useless then because selling when anything goes up 5% or buying when it goes down 5% is not any type of strategy. It might work sometimes, sometimes not. Gives you no edge and with commissions and fees and spread, you will be in the negative pretty soon.

What he meant to say is, this bot is some "secret trading strategy bot" which is guaranteed to make the trader money. And whenever someone says something like that, thats too good to be true, its usually is.

Because if his bot actually worked, never lost money. Why doesn't the seller just go to the bank and get some loan or borrow money from his credit cards to trade with more exposure? Exactly. Hence its some scam.
5424  Bitcoin / Bitcoin Discussion / Re: Craig W. only claims to be Satoshi, because he knows the real Satoshi is dead? on: February 17, 2020, 05:40:52 AM
Quote from: johnyj
But I guess he lost his keys to most of the early day bitcoins,

If that is actually the case then he lost the identity of Satoshi aswell. No keys = No Satoshi or Lost Keys = Lost Satoshi's Identity. It's as simple as that... Besides, why would such an ingenious person who has deep understanding of some very low level constructions of early bitcoin architecture would fail to keep a single private key of his addresses? Roll Eyes I have skype conversation almost a decade old still saved on 3 flash drives for one of my web app which has achieved nowhere near the success of what bitcoin has amassed but I still have it just as a proof of sorts, I find it hard to believe that the person who invented bitcoin didn't know how to take care of his keys, even if they were worthless. It makes a nice bedtime story but in real-world speculation gets us nowhere.

TBH I don't think I will be ever satisfied with any proof of sorts. Keys can exchange hands and technical knowledge of Bitcoin /Blockchain can be learned. At the end of the day even if the Real Satoshi decided to come back and say hi, I don't think I will be able to trust that person. Basically you will be trusting the judgement of Theymos and few devs who worked with Satoshi and one of them has already got their judgment in question ( Gavin ), as @xtraelv mentioned... So for me, at least the Identity of Satoshi will forever be a mystery and I am pretty satisfied with that...

Satoshi losing his keys doesn't mean his identity is lost as well. This was actually discussed about a year or 2 ago on this forum and basically people asked the same question. If he lost his keys could he still prove his identity? And the answer was yes. And I believe it was the forum moderator Theymos that stated that there are other ways he can prove he is Satoshi.

One method could be he could recall private conversations of PM with certain individuals, something that only was discussed in private between 2 users. Even though his account here is locked, the PM might still be saved somewhere and as long as Satoshi remembers certain conversations, it can be used to prove his identity.

If Craig W wanted to do this then he could of but I don't think he even tried.
5425  Alternate cryptocurrencies / Mining (Altcoins) / Re: x4 GPU for start what i have to build cpu mobo psu ? on: February 17, 2020, 05:30:41 AM
Hey

i almost know all part and how install
i need to build


1- cpu ?
2- x4 580 or whateve r
3- mobo ?
4 psu gold and up ?
5- ram needs ?
6 - SSD or HDD ?
7 - accessoires


do not pasue me , your answer make me start

If you only got 4 GPUs then you got many options because most motherboards unless its some mini motherboard, they have more than 4 PCIe slots. So you got lots of options here.

1) CPU - Anything works. Doesn't matter, you can use a Semprom single core CPU even. Makes no difference, just longer to boot.

4) Doesn't need to be gold, can be bronze. Just make sure its at least >750Watts and 4 or more PCIe connectors which are 6Pin. I would recommend 1000 Watts however.

5) You will need at least 4GB now but in the near future you will need slightly more due to growing DAG. Just get 8GB since its cheap

6) Doesnt matter. Won't make a difference in mining speed, just takes longer to boot. Use an old HDD from 1995 and it'll work. As long as the operating system fits on it.

7) Obviously you need a monitor, keyboard, mouse, but only for installation. When its all up and running you can disconnect those. Also get some wifi adapters or some wired routers.

Enjoy
5426  Alternate cryptocurrencies / Mining (Altcoins) / Re: Claymore's Dual Ethereum AMD+NVIDIA GPU Miner v15.0 (Windows/Linux) on: February 17, 2020, 05:25:24 AM
It is funny with 4Gb video card in windows 7 I can mine, but when I install windows 10 on the same computer I can not mine anymore because I get error
CUDA error - cannot allocate big buffer for DAG.

anyone knows why is that happend?
Can I disable something in windows 10?

This does sound like a virtual memory problem.

It's a simple enough procedure, but if you need help configuring your VM in Windows, I recently updated my guide here: https://www.cryptoyeti.com/cannot-write-buffer-for-dag-error/


Its not a virtual memory problem. Windows 10 has some system resources or cache that it uploads to the GDDR whenever windows starts and along with the large DAG, it exceeds the physical memory requirements on the GPU, its not the virtual memory.

There are 3 solutions to this

1) Put a 8GB video card in the main PCIe slot of the motherboard, its usually the one that is PCIe 3.0 x16, usually label PCIe slot 0. You can put the 4GB in the other slot and it should work.

2) Use Windows 7, however there is a max of 4 GPUs limit and no more security updates.

3) Use Linux. There is some learning curve to this. My biggest issue was correctly installing the display drivers.
5427  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best mid-range GPU for mining? on: February 17, 2020, 05:12:33 AM
Whichever card you choose to get, make sure its 8GB or if there is some Nvidia model you want, it might have an 6GB option. Don't buy any 4GB or less video card. You might be surprised to find Craiglist or Kijiji loaded with RX 580 4GB even in a profitable mining time and the reason why is because they are running out of DAG space to mine ETH.

The DAG is only important to mine ETH and not other coins like XMR but keep in mind most of the time, ETH or ETC will be the most profitable coin to mine. So its should be of priority to get a 8GB model. The 4GB might work now but in a few months you will run into issues. You will need to download Windows to version 7 or switch to a linux OS. However eventually one day, no matter, what you do, the DAG won't fit and they will be useless for ETH mining.
5428  Alternate cryptocurrencies / Mining (Altcoins) / Re: What will be your biggest fears and risks to setup mining farm. on: February 16, 2020, 04:28:07 AM
the biggest fear is price insta crash ehhe, nothing is more fearful than that, take eth for example, 1400 usd and few weeks later 80 usd, that is 18 times lower, not even superman can minimize the risk damage when that happens. If a coin crashes 2x okay, but 18x, that is death.

Lol. Has the 2018 bear market really been that long ago that you forgot that ETH hit $1400 sometime in January 2018 and it hit $80 when BTC broke the $6000 support sometime in November or December 2018. So its not "few weeks later" its more like almost a year later.

Either way I agree with you because ETH was $1400 and a week later it had spikes to $750 and a week after that had a spike to $500 or so. When March 2018 began it was the last time it was >$800 which was the best time to mine any alt coins.

5429  Alternate cryptocurrencies / Mining (Altcoins) / Re: R9390 18Mh/s ETH 100W on: February 16, 2020, 04:21:36 AM
Hello,
Please check link below, it worked for me.
https://bitcointalk.org/index.php?topic=1540107.msg51831282#msg51831282

This is really cool. tyvm. I'll give It a read through and try it out.

I have the "Hawaii" version. what did you happen to have? what kind of results?

The R9 290 and R9 390 are both Hawaii type of GPUs. The only difference is that the R9 390 has more memory and has higher factory OC but its mostly a rebrand.

The issue that I got with my R9 290 right before I sold it was that it mined at 30MH/s for about 3 years, from 2016 till 2018. Then for some reason it kept getting slower and slower, at first 29.5, then 29, then 28, then 27, etc, etc. Basically whenever the DAG got larger it slowed down, it looked like a DAG slowdown bug that affected the 280X and later the RX series before AMD offered a fix. However there was no fix for the R9 290 either.

So I just sold the GPU because it was a power hog, however that thread that is mentioned above has a user with the R9 290 and he gets 30MH/s by using a different miner or operating system. So read the thread and you will find out how to get 30MH/s with your R9 390. Just keep in mind its a power hog, mine used maybe 250 Watts or so.
5430  Alternate cryptocurrencies / Mining (Altcoins) / Re: Back here after a long time, looking to start again on: February 16, 2020, 04:15:49 AM
Try out cryptonight coins I think they are a good fit for RX 580.

Yes maybe a year ago or 2 would be a good time to mine Monero however they have forked to a new mining algo that is mostly good for CPUs. And certain GPUs like the RX 580 they perform very horribly on it.

Just look at Whattomine, the algo is called RandomX, and with a RX 570 you would make $0.04 a day in revenue and total profit would be a loss of $0.14 due to electricity rates. Even if you got free power it wouldn't be worth mining.

Basically ETH and ETC is mostly all that he can mine right now with those GPUs.
5431  Economy / Gambling / Re: New DuckDice review is live - We need your help.. on: February 16, 2020, 04:11:25 AM
Quote
The fact that they offer a wide array of cryptocurrencies, a forum for support, provably fair games and fast deposits and withdrawals brings us to the conclusion that DuckDice is a safe and reliable online casino to enjoy during your downtime!
Source: https://bitcoinchaser.com/casino/duckdice-review

Your review it a total joke and poorly researched. No one in their right mind would say such about DuckDice unless you are paid to do so. Just do a little digging around the forum especially the scam accusations board
^ A pure joke and nonsense one to be honest. OP did not matter about the review if that is good or not as long as Op can benefit from it through affiliating the website. Op simply promote the website he made different thread here together with that link. His given fake review on his own just for the sake of the profit might be got from affiliation or referral link. Even though Duckdice here is very well known on scamming issues and unsolved cases towards them.

Basically every single bitcoin casino review site is more or less the same. They almost never write anything negative about the casino because they actually want you to visit the site under their affiliate link, make a deposit, and they will earn money from you.

If they put "this site is a scam don't gamble here" then nobody would click the link and they wouldn't get any referrals. Might as well not bother writing a review in that scenario. One thing that these review sites don't realize is this. If they promote some type of shady sites that scams their gamblers, eventually they might start scamming their affiliate people too. So best to avoid a site like that all together.
5432  Economy / Gambling / Re: How To Win 0.2 BTC From 0.8 BTC Balance In Dice Fast - In 10 Minutes on: February 16, 2020, 03:59:59 AM
One strategy that seems to work quite well for me is as follows,

Say you are betting 50% (ignore house edge for now) and under 50 is a loss and over 50 is a winner. Generally when time equals infinity the amount of under 50 and over 50 will essentially be 50%. So you will get under 50, about half the time and over 50 the other half.

Suppose you start a round and you roll 1000 times and you get 40% of the rolls under 50 and 60% of the rolls over 50. So what you do here is as follow. Assuming within the next 1000 rolls your rolls will converge to 50/50, you will most likely have more winning rolls if you choose under 50 than over 50.

This usually works out. Only issue is that its difficult running into 1000 rolls where you get 40/60 ratio. It takes alot of rolls to accomplish this.
5433  Economy / Trading Discussion / Re: My story with leverage on: February 15, 2020, 05:58:22 AM
Pretty sure nobody trades at 100x on Bitmex or at least not profitably. The 100x is really skewed towards Bitmex to protect themselves against losses that your trade will get liquidated earlier because of the high maintenance margin required. Basically on high leverage a large portion of your initial margin is the maintainance margin. So instead of a 1% loss cleaning you out, its only 0.5% which happens every few hours on BTC trading.

When you get liquidated, some of your funds go to the insurance fund and rest to the other party. Since the insurance is growing everyday, its shows you how many newbies are getting rekt due to this method. Just use 5-10x leverage max.
5434  Economy / Trading Discussion / Re: Boom and bust with Bitmex on: February 15, 2020, 05:38:16 AM
Hi there,

I'm looking for some advice, and also to share my story.

I've been trading on bitmex for around 2 years, managing to develop an edge that I used to turn 0.15 btc into around 9btc over a few weeks last summer.
I managed to spot an algo pattern that I had seen before, and knew exactly what would happen so used high leverage. This worked out until I got overconfident and the final part of the pattern was different. I used way too much leverage thinking I could make a quick million and quickly destroyed my account.

Destroyed account- https://imgur.com/YxEPTnW
Trades- https://imgur.com/MpAVw6b


How do you deal with big losses? I still believe I have a significant edge, and combined with low leverage see the potential to be successful, but don't have the capital anymore.  It is tempting to give up, but I still feel like there is potential to make a lot of money with the right risk management.

Any other stories of people building themselves back up from zero?

Cheers

There is alot of trading done with bots on Bitmex or any of the large exchanges. The issue with spotting certain patterns and using it to your advantage is that eventually this pattern will stop to work or it will work against you.

Many people probably knew about this pattern and flooded their orders at the same time. Eventually the bots which traded the pattern, knew that there was too many followers and they decided to trap you traders to their advantage. Hence why you ended up losing your entire account which you built up.

My advice, don't scalp just trade long term, on the hourly or higher charts, less traps and wicks to deal with and overall less stress. Only issue is that its less trades so less profit.
5435  Bitcoin / Bitcoin Discussion / Re: How interested are you to lend BTC out? Need Your Input! on: February 15, 2020, 05:27:42 AM
There is very little money to be made by lending out BTC, the money made is lending out USD in the crypto markets. Generally the yearly rate for lending USD or USDT or syntethic USD is 10% which is crazy high considering what most get with their savings account. BTC lending is very little.

Only time when its worth lending BTC is during a bear market or if there is a crazy alt coin market such as Q1 2018, where people are selling BTC and buying alts. So there is demand to borrow BTC to sell for an alt. Right now we are seeing a little of this since ETH, XRP, LTC, BCH are all rallying however the daily interest for BTC Is still very low compared to lending USD.
5436  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin safely through snail mail? on: February 15, 2020, 05:21:16 AM
Go to https://www.bitaddress.org

Create a wallet by moving mouse around, copy the private key, click "Wallet details", paste the private key, click BIP38 Encrypt, enter a password that is over 10 characters, lower, upper case, numbers, and maybe a symbol or two.

Scroll down and you will have a private key beginning with "6", this is the BIP38.

As long as your password is some random text and larger than 10 in length with letters, numbers, symbol. Its will be NEAR impossible to crack until the end of time. Honestly you can even just send that BIP38 Private key as a Postcard without an envelope with everyone allowed to see and they can't do anything without the password.

Either print it out on paper or save it on a USB drive.
5437  Alternate cryptocurrencies / Mining (Altcoins) / Re: Back here after a long time, looking to start again on: February 15, 2020, 05:03:27 AM
Nothing has changed really, ETH is still the most profitable, just go to Whattomine and double check yourself. ETC was more profitable a few days in and few days out when it was rallying like crazy in the past but the difficulty rose and profitability is the same as ETH.

Just do what you did before and you should be set. 1 thing to keep in mind is that you will need to upgrade your ETH Claymore software to version 15 since there was a bug and over a certain DAG it failed to mine. Another issue is if you have 4 GB cards. Basically you will have issues with Windows 10 due to the amount of cache that windows puts in the GDDR for system resources.

Only solutions for this are to use either Windows 7 or Linux. If you want to use Windows 10 then you will need to get at least 1 8GB GPU and put it in the main PCIe 0 slot and the other 4GB should work again. See the Claymore thread for instructions.
5438  Alternate cryptocurrencies / Mining (Altcoins) / Re: Number 9! Ninth altcoin thread. Back to the moon Baby! on: February 15, 2020, 04:58:57 AM
Yes I also like where the market is headed and I am glad I didn't sell all my GPUs yet. Seems like the profits right now with 10c power are "ok", not the greatest but if you got tons of GPUs then it might be worth while.

I was actually rebuilding my rigs back in June 2019 when the alt markets were rallying again and basically less than 1 month later the profits were shot down and been pretty bad since then. Would be nice if we could stay at least >$350 for the next few months or so. Because the difficulty obviously will keep rising and people will keep scouping up cheap RX gpus on Craigslist to mine and the difficulty will keep rising every day until the profits vanish.

If we get >$1000 ETH or ProgPOW then obviously the profits will be great once again however I am not sure we can reach that number. Hopefully we break the 2019 high for ETH this time around and head into the +$500 area for ETH and other alts like XMR.

Yup... we are in similar boats.  My power is 11 cents so just recently got in the ballpark of an acceptable "profitability-to-effort" ratio.  I also turned back on all my rigs last June... and also for just over a month lol... until prices dropped again.  Really hoping for a sustained action this time.  Not sure we will see ATH any time soon but if it could even fluctuate between $500-$600 for a while it would be well worth it.

As you point out, anything over $300 range will start to bring more and more people back into mining, which in turn bumps up the difficulty. I'm curious as to how many people like us actually help onto all/most of our gear through this 2nd downswing. Can't imagine there were that many but who knows.  I almost started selling mine off multiple times but just never did it lol.

One thing I might do this time, if we ever hit some crazy number like $500 ETH or $1000 ETH is I will just short hedge it with a margin broker like Bitfinex or Bitmex and just protect myself against any price crashes to ensure I can mine for the foreseeable future.

Can you imagine if your shorted a few hundred's of ETH at $1400 in January 2018 and just closing the position little by little as you mined it bit by bit. Instead of making $0.29/per day/per GPU you would still be making $2.75/day/gpu irregardless of the price.

Only issue with this is if it goes actually POS and you can't mine it or it reduces the issuance again. So the price you can control but not the difficulty or the miner supply.

I'm going to do the same thing, only problem is you have to pay interest and it can be very steep.  I was long 10 BTC and had to pay $240 a day in interest.  Its not always that high but if your on the right side of the trade and making a lot of $ your going to pay interest.

Yes right now unless you are just trading spot the fees are crazy for everything. The funding rate is very high for ETH and BTC, basically for the last 10 days it was at least >0.10% daily. The USDT lending rates are also crazy high and even the BTC futures are high with a $350 and $600 premium for March and June 2020 expiry.

I think when this rally cools off then the rates will return to normal. ETH funding rates in general are more geared towards the shorts for some reason. Even during the 2018 bear market, the price of ETH was crashing but funding was towards the longs anyways should be the opposite. But the shorts were making money 2 ways by the price going down and by the funding rates.

Either way, no point in entering this low leverage ETH short right now, maybe if it hits some crazy number like $500 or $1000 it'll be worth taking.
5439  Alternate cryptocurrencies / Mining (Altcoins) / Re: Which altcoins are good to mine at the moment on: February 15, 2020, 04:50:39 AM
Go to,

https://whattomine.com/

Select 570 and put in quantity 1 and have a look. Basically ETH is the most profitable right now. Ignore Electronero, its too low liquidity and most likely price will change tomorrow.

Since your cards are 4GB you will have issues with Windows 10, basically the DAG is too large. You will need to either get 1 GPU per rig with 8GB, or use Windows 7, or use Linux. No other solution at the moment. Just see the Claymore ETH thread for more info.
5440  Economy / Trading Discussion / Re: Buying bitcoin in margin on: February 15, 2020, 04:45:26 AM
I want to buy bitcoin with margin, but I am not sure which is the best way to do it considering commissions.
Practically there is 2 ways
To buy bitcoin futures or lending USDT and buying BTC
Which is the cheapest way to buy it?

Best of course, use a leverage. But if you do not have trading experience, I would first practice in your place to trade without margin. Since margin trading can incur big losses for you. I recommend the bitmex exchange.



You are giving him conflicting information. If you said that margin trading is risky and he shouldn't use margin but yet you told him to use Bitmex anyways, a derivatives exchange with 100x leverage.

If you don't want to use any margin or leverage at all just use Coinbase, Gemini, Kraken and buy on the spot market with your USD and leave it as is. If you want to use leverage then you can use any of the mention exchanges however right now its generally not a good time to buy BTC or any other alts on margin because the lending and funding fees or future premiums are high because too many people are bullish.

Either wait for it to cool off and the margin rates to go down or just buy it on the spot market with no leverage and you won't have this issue. You just those a bad time to go long, its a great time to sell or go short right now.
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