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61  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 28, 2018, 10:44:14 PM

..corsair AX1500i is a piece of shit...it will not function as a single rail even if the software says so, the engineers even designed a sensitivity crap that if my internet connection had a hiccup, it triggers the protection even it is pulling just around 1000w....hx1200 is better-no issues, AX1500i might work with a server that is just pulling ~500w or less as a masternode (might be good, PSU fan not spinning due to low temp/power).


I've had to replace almost all of my Gigabyte board fans - most of them have NMB 92mm case fans, just wired to 12VDC since the power consumption is low enough to not bother with PWM - those cards commonly run 50C or less even in a room in the low 80s F ambient temp.
A few have left over Delta 80mm fans from various retired CPU cooling setups, though I'm not going to waste the pair of 68CFM screamers on that duty.

Corsair AX (i) series is junk - the AX series WITHOUT the (i) are good units, Seasonic SnowSilent (which is the Platinum version of the Seasonic X series) clones except they use a Corsair-specific pinout on the PS side of the cables and a Corsair-specific ball-bearing fan.
I have no clue why they use the AX name on 2 such totally different power supply designs - it's misleading and VERY confusing.



62  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 28, 2018, 10:37:26 PM
Is it really worth mining if you have 8 cent power however. You make a nickel a day per GPU but you risk burning out your GPUs or killing your fans. Once your fans go you will need to RMA them and pay for shipping or buy replacement fans on Aliexpress or eBay for like $20.

Hence it's better to just shut off the gear and wait until the $1/day/GPU days return, if ever.

I'm making quite a bit more than "a nickle per day per GPU" - except on the R9 290s (they're still underwater right now, but it's close) and possibly the pair of 960s I still have mining.
On the other hand, I'm not paying 8 cents/KWH.
I also do NOT expect to see $1/day/GPU back anytime soon, if ever.
63  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 27, 2018, 06:58:00 PM

Horrendous. It's 2014 all over again. Trying to chase some stupid no-name coins that might or might not still keep your rigs above water somehow. I'm pretty much done with it, tbh. Unless I can get an extraordinary power deal I'm shutting down my rigs... Unless I am sitting in my attic and need heating (because otherwise I'm fekkin' freezing)!

Even the cheap power in Canada (Labrador) is not as cheap as before with "mining tax" introduced soon and smaller hosting setups being squeezed out by the bigger boys -- mainly from China relocated to Labrador.

So unless you know someone who has free power or inherited a nuclear power plant, the economics of most GPU and ASICs based mining is not profitable anymore.

My 240xGPU AMD farm is also now shutdown but I still power up my 22 x 1080ti every now and then.... hope this Crypto Winter ends soon.

The only consolation for my group is that the gears are ROIed and thanks to the 2015/16 investments - we had a good run with ETH from $2 bucks and BTC from $600 bucks.... well it was fun while it lasted.

GPU and S9 mining is still profitable here - but the profitability IS a lot worse, I was making more on perhaps 1/3d the hardware 2 years ago vs what I'm making now.
I DID have to shut down some of my older rigs (R9 290s are history, and I'd already shut down the smaller R9 series and HD-7xxx stuff months ago) due to them going underwater, and the D3 units are just a little underwater right now (but they work well as winter heat).

I have been switching out of "pure crypto" the last couple months as a workaround for the "crypto rate increase" due soon - a rate increase that hits small farms a LOT worse than big ones, and is therefore very STUPIDLY set up and does not address the "why we are doing this" AT ALL.
64  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 27, 2018, 06:52:50 PM

Is the drop due to the saying by Calvin Ayre that they will give up on the Bitcoin Cash, and concentrate on the Bitcoin version of the Satoshi Vision? So he will wage a war against Bitcoin instead of Bitcoin Cash? That could damage more to the bitcoin itself.

I am quite sure that most of it is being driven by Jihan Wu financing his "War on BCH-SV" coupled with Bitmain cashflow issues and having to dump a ton of their BCH (and probably other coins as well) horde.

I have never understood the whole "BCH" junkcoin push by Wu - it's not like cryptocoin NEEDED yet another junkcoin, and the only reason BCH ever got any traction at all was Bitmain FORCING it to be used to buy their miners for quite a while.


I wouldn't quite term it as a junkcoin.  BCH came out when there were legitimate problems and arguments regarding block size.

And was unilaterally created with NO consensus that it was a good choice.
Without Bitmain forcing it to be used to back their miners for quite a while, it would have never had ANY traction and would have dropped down to pennies (or perhaps single-digit dollars at best) within the first 6 months.
65  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 26, 2018, 03:26:46 PM

Is the drop due to the saying by Calvin Ayre that they will give up on the Bitcoin Cash, and concentrate on the Bitcoin version of the Satoshi Vision? So he will wage a war against Bitcoin instead of Bitcoin Cash? That could damage more to the bitcoin itself.

I am quite sure that most of it is being driven by Jihan Wu financing his "War on BCH-SV" coupled with Bitmain cashflow issues and having to dump a ton of their BCH (and probably other coins as well) horde.

I have never understood the whole "BCH" junkcoin push by Wu - it's not like cryptocoin NEEDED yet another junkcoin, and the only reason BCH ever got any traction at all was Bitmain FORCING it to be used to buy their miners for quite a while.
66  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 21, 2018, 05:31:41 AM
Bitmain is not getting to get out of crypto, they just opened a new facility in WA state. Cash problems as they are, they are expanding.

The facility they are opening is in a strange spot though - it's NOT in the land of Super Low Cost Power (which might be going away for most crypto anyway, given the recent pushback by the 3 county PUDs involved) - the rate they'll be paying there is fairly high for a large crypto operation, as it's NOT all that close to major hydropower in large quantities.

If they were running S9s there right now, they'd be LOSING money to do so - and even the T15 wouldn't be highly profitable.

6-7 cent industrial rate as I recall, might be 5.something at best.
67  Bitcoin / Mining speculation / Re: Rumor that Bitmain is going belly up! can't pay its chip builder! on: November 21, 2018, 05:15:05 AM
At this point I think these dingbats are mining at a loss. Otherwise they would have crashed the market earlier just to wipe out other miners and lower the difficulty. That's why (IMO) it was rolling around 6500 or so.

I'd not bet on that - they're probably in the 3 cent OR LESS range on their power cost.



There is no doubt that Bitcoin mines are struggling and shutting down, possibly even going bankrupt. However, this idea that they’re throwing away machines in this fashion that are still selling for hundreds of dollars each is nothing more than a fantasy.

Also, Bitmain is not going belly up. They’re about to list a multi-billion dollar IPO. Let’s keep a little bit of sanity.

An IPO that has already had WIDELY talked about as having a lot of unrealistic expectations and some outright LIES in it.
I'd not bet on that IPO doing well if it actually makes it to market.
68  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] FutureBit Project Apollo: Bringing ASIC Mining Back to the Home Miner! on: November 20, 2018, 06:34:42 PM
I was concerned about the cost of this and the recent falling price of Litecoin but read this from yesterday (MarketWatch link provided):

"Another cryptocurrency named Litecoin is expected to again traction in the near future."

Like all investments there are cycles of high/low, so hanging in there.

https://www.marketwatch.com/press-release/cryptocurrency-market-to-reach-us670-bn-by-2025-absence-of-third-party-intermediary-triggers-demand---tmr-2018-11-14

Worthless report, way too much indication they did NOT actually study anything.

This one phrase is enough to indicate how WORTHLESS this "report" is.

"Currently, some of the prominent players operating in the global cryptocurrency market are BitFury Group Limited, Microsoft Corporation, Alphapoint Corporation, NVIDIA Corporation, and Intel Corporation."

They left out Bitmain and AMD (both of which make a LOT more from cryptocurrency than Nvidia does).
Microsoft has almost NO presence in Cryptocoin at this time.
Never heard OF Alphapoint but they're definitely NOT a "prominent player".
Intel has ZERO presence in cryptocoin other than indirect as a fairly common choice for CPUs to put on motherboards for GPU rigs.

If the rest of their "research" is as shoddy at THAT statement, their report is 100% worthless.
69  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 20, 2018, 06:27:12 PM
remember the dip to 200 happened twice before shooting well over 1K.

The whales are lining their pockets.   It's just up to us peons to keep from selling off and holding on.  Remember;  just in a little over a month:  the tax year ends.   I am willing to bet this selloff has something to do with it;  wither that or the xmas season.


I'm more inclined to think that the apparent Bitmain cash crunch is a bigger reason.

Technical Analysis isn't voodoo - but it does tend to be meaningless on something that is immature, as external forces will have a LOT more affect then market forces most of the time.
70  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 20, 2018, 06:23:24 PM
Took me a while to find this thread. Normally it's somewhere on the first page but now need to go thru a few pages to find it.

I think this thread is a lagging indicator of the markets more or less. During the crypto boom and mining boom especially all of philipma1957 threads had numerous replies all the time and now not very active.

Wonder how many of you guys are still actively mining. I've put my rigs on hold pretty much due to remodeling my place and unless the profitability goes up, probably will keep them offline for a bit.

My old miners like the Antminer S3, Radeon 6990, R9 280X will probably keep in a personal museum.

I'm still mining - but have shut down my last pair of R9-based rigs as they went under water this past week - while my Nvidia-based rigs continue to transition out what they've been doing most of this year into something more profitable.

71  Bitcoin / Mining speculation / Re: Rumor that Bitmain is going belly up! can't pay its chip builder! on: November 20, 2018, 06:19:53 PM
We all know the network has 65% s9 gear  all of it at 8 cents and up is dead.

And it got worse in the last 24 hours.

Gotta wonder if Bitmain finally sold out on their remaining stock of S9 units and decided to pull the trigger on another round of "coin dump" to make more of a market for the S15/T15 as one of the very few profitable miners.

On the other hand, a lot of miners are at 5 cent OR LESS power cost, pretty sure even at current market conditions the S9 is still profitable for the low-cost miners.

I still think "Bitmain cash crunch" is the primary reason for the massive sell pressure on Bitcoin right now - had ANOTHER volume spike that seems to have caused the second "price dump".
72  Bitcoin / Hardware / Re: Bitmain will be releasing S15 and T15 on 8/11/2018 on: November 16, 2018, 11:36:41 AM
They tend, from what I've seen and many other reports, to have a lot more issues with "infant mortality" than death over time - like most electronic gear, especially when it's pushing a heavy load.
73  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 16, 2018, 11:35:20 AM
Does anybody know what is driving down most of the market today by ~15%? I have been looking for news but have not yet found anything. One would think coindesk would have something but ...

The hash war will start between Bitcoin Cash ABC and SV. So the Bitcoin Hash will be affected, the unconfirmed transaction will rise. That will impact bitcoin price negatively.

I actually am starting to think, based on Bitcoin VOLUME jumping bigtime just as the drop hit, that this might be Bitmain dumping some of their coin horde to pay their bills.
74  Alternate cryptocurrencies / Mining (Altcoins) / Re: 8th Alt coin thread. Or what to do now that asics are all over the place. on: November 15, 2018, 07:00:13 AM
Does anybody know what is driving down most of the market today by ~15%? I have been looking for news but have not yet found anything. One would think coindesk would have something but ...
bch fork fight probably
https://mobile.twitter.com/ProfFaustus/status/1062751765601361923

That doesn't make sense - it would tend to drop BCH and aid other coins.
75  Bitcoin / Hardware / Re: Bitmain will be releasing S15 and T15 on 8/11/2018 on: November 15, 2018, 06:57:03 AM
Thank you for your apology.

What apology?
I was explaining why your comment was not only wrong but rude.
76  Bitcoin / Mining speculation / Re: Rumor that Bitmain is going belly up! can't pay its chip builder! on: November 14, 2018, 08:23:08 PM
Because Coinbase doesn't like the OG Bitcoin.

Odd concept since they've had original Bitcoin support longer than anything else.
77  Bitcoin / Hardware / Re: Bitmain will be releasing S15 and T15 on 8/11/2018 on: November 14, 2018, 08:19:13 PM
For years?   bzzzzzzt

There is no new "more efficient" node anticipated to BUILD miners on for years.
Is that hard for you to understand?

In fact, there is some question how much longer semiconductor node CAN continue to progress - GMO's over-optimistic projections to the contrary.
Intel and IBM in particular have both stated that "pure silicon" has reached the end of the road - IBM's current "next gen" process design work uses a MIXED silicon/germanium die while Intel has been quite mum on their plans for anything past their current 10nm node.

The old "new miner model every 6 months" routine died when ASIC mining hardware caught up with semiconductor state-of-the-art at the 14nm node (S9 and such), and CAN'T ever return.



Just noticed something I find a bit iffy about the S15/T15.

"exposed die" design on the chips.

Does anyone remember the massive FAIL issues associated with that concept on the Athlon Thunderbird/Palomino and same timeframe Pentium 3 generation CPUs that ALSO used an exposed die?

Probably less of an issue with the "glue-on" heatsinks Bitmain uses, but still a bit iffy - and definitely NOT THE NORM that Bitmain claims in that part of their "overview."
78  Alternate cryptocurrencies / Mining (Altcoins) / Re: WildRig Multi: new miner for AMD with multialgo support on: November 14, 2018, 06:59:30 PM
Now many people are looking for GPU miner for Siacoin. This is one of the most profitable coins at the moment, but there are no updated versions of software miners for video cards. It would be nice if you added support for this coin to the miner.

Given the existance of an ASIC for Siacoin, there's no point in updating GPU miners for it.
Technically there are multiple ASIC but the devs have announced (or implimented by now) a fork to disable all but the Obilisk (sp?) ASIC that they apparently have a stake in.
79  Bitcoin / Hardware / Re: Bitmain will be releasing S15 and T15 on 8/11/2018 on: November 13, 2018, 07:08:36 PM
Exactly right, these S15's are overpriced by almost 40%...

Much higher efficiency, which has always been a good justification for a new miner model costing more per hash.
S15 will be profitable for years, the S9 will probably be a money loser at 3 cent electric by this time next year.
80  Bitcoin / Mining speculation / Re: Rumor that Bitmain is going belly up! can't pay its chip builder! on: November 13, 2018, 07:03:16 PM
I've never understood why Coinbase chose to support BCH.
Without Bitmain pushing it so hard for so long, it would be just another common junk coin with nothing in particular going for it, or more likely would not exist at all.

Poloniex supports quite a few junk coins, though they do weed out a few occasionally - and have also dropped some coins that have a REAL reason to exist (like CureCoin and Foldingcoin that support medical research).
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