Yes I do think the halving will be profitable at the end of this journey, its of course not to predict but I think it will be profitable.
The fact is also that a lot of people are saying that it will be profitable and will go to a higher amount because of it.
A lot of people saying that it could or will be profitable might be a bad thing overall; too many people might get their expectations too high up and then they might dump theirs coins if they don't see the massive market swing everyone is interested in seeing. I'll definitely be a buyer if a massive dump occurs. I agree way to many people have it in their heads, price will jump after halving. Personally I'm convinced we are gradually seeing it right now. When July comes and we don't see a explosion, emotion will kick in and people will trigger a sale off. I'll be waiting to see if it unfolds. |
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Did any of you that rented trying to crack the block get it?
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Halving could be profitable only if the Bitcoin's price will highly increase after this event, otherwise it couldn't be profitable in my opinion. And as known we can't exactly predict the Bitcoin's price, so there is no guarantee about this
It will be a bumpy road. After halving, cost to mine each bitcoin basically doubles. This will naturally push the price up. On the flip side people with coins mined for much less will start taking profit this stalling the upward push. Where it will balance out is anyone's guess. |
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This is the thing: if you knew in advance that a price spike was going to occur--with a definitely time, like the halving--then it would be guaranteed money. And there is no guaranteed money in this world that I know of, so this is why I've been saying that the halving is priced in already.
Obviously there is no guaranteed price increase after halving. Given the recent stable price, it would not surprise me if no big price movement this year at all, even with the reducted supply from mining, people might selling (and spending) more if price stays stable after halving, thus the supply-demand might not change much from today stable price. I think we are already beginning to see the halving being priced into bitcoin. It's doubtful we will see the price double over night. |
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Ok... I broke my rules and followed to 0.0032 this time but I'm not going any higher.
I'm in at the same price. Only 25th |
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So I'm a little confused about what I am looking at in that order list. If I create a standard order and set it to .0029 will I get any hashrate? Can I tell by looking at that list?
It took me a minute to figure out. Even after watching the help video. |
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I put two old S5's I have on the solo pool. We'll see if I can eventually get lucky. I'm hoping it doesn't take years  |
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only had .01 in the rental account so i set a 75 for 60 mins while im still at work. will send more and start another rental when home and have access to my btc.
I hope it works, fingers crossed. |
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Okay I jumped in with 500 th.
my logic is we are at a cdf high winning number. I am a 20th guy so 500th will not bring my redline too high at all. If I win the block I will win a high cdf
and will be in the lead as high cdf.
So now is the time for all you 10-50th guys to drop a nice rental.
OK what the heck. I have never done a rental but I created an account and sent some funds over. How many confirms do they usually want before you can spend the account funds on an order? I put a good fee on my transaction but there hasn't been a block in a half hour. Where did you rent them? Well nowhere yet but it'll be nicehash. They are 3 confirmations |
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Okay I jumped in with 500 th.
my logic is we are at a cdf high winning number. I am a 20th guy so 500th will not bring my redline too high at all. If I win the block I will win a high cdf
and will be in the lead as high cdf.
So now is the time for all you 10-50th guys to drop a nice rental.
OK what the heck. I have never done a rental but I created an account and sent some funds over. How many confirms do they usually want before you can spend the account funds on an order? I put a good fee on my transaction but there hasn't been a block in a half hour. Where did you rent them? |
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It depends on how many amps your breaker is. Also the gauge of wire you are using.
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What happen to 12TMhCpLtAWNk8NiWDQ2FDxc9QYvUKWKVy? Did he create an account or left? was a great block finder here......
maybe he/she didn't like the "bad luck". Bad luck? Well we certainly haven't had GREAT luck recently. ....and a couple of Orphans too. i am not complaining, just making an observation. I guess I'm just not seeing the bad luck. because you look at 50 or 100 block numbers Description Time MeanTx% Diff% Mean% CDF[Erl] Luck% Last 5 Blocks 1.1days 100.9% 85.52% 85.52% 0.4250 116.93% Last 10 Blocks 2.4days 101.0% 99.06% 99.06% 0.5302 100.95% Last 25 Blocks 5.6days 101.1% 92.24% 92.24% 0.3703 108.41% Last 50 Blocks 10.8days 101.3% 85.89% 85.87% 0.1580 116.45%
Last 100 Blocks 22.7days 101.3% 85.54% 85.58% 0.0690 116.84%Last 250 Blocks 9.0wks 101.3% 90.90% 90.88% 0.0712 110.04% Last 500 Blocks 42.4wks 101.1% 90.02% 90.96% 0.0191 109.94% All - Last 751 Blocks 81.0wks 100.9% 91.31% 93.19% 0.0288 107.31% BTW I only look at the two lines in bold Anything above 100 means we are better than average. That works for me. I'd consider bad luck below 100. |
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What happen to 12TMhCpLtAWNk8NiWDQ2FDxc9QYvUKWKVy? Did he create an account or left? was a great block finder here......
maybe he/she didn't like the "bad luck". Bad luck? Well we certainly haven't had GREAT luck recently. ....and a couple of Orphans too. i am not complaining, just making an observation. I guess I'm just not seeing the bad luck. |
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What happen to 12TMhCpLtAWNk8NiWDQ2FDxc9QYvUKWKVy? Did he create an account or left? was a great block finder here......
maybe he/she didn't like the "bad luck". Bad luck? |
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Launching a new miner weeks before the halving seems like a bad business decision, I don't think too many people will take the gamble right then. I bet the public release happens in July sometime after the 1/2.
I think it depends on how they are sold. If they are sold for btc i think many will wait to see what the 1/2 does to the price. Would hate to pay 2 btc for something a month later could be 1 cus btc doubled in price. I get what you are saying and completely agree. After halving btc could jump significantly and you'd be kicking yourself. |
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So, just got the S7-F1 hooked up and running. Temps are low today, in the 60's so I went ahead and let it ride at 700 and it's holding steady at 59c on the highest blade with .0005% error rate. Going to let this go for a bit as the temps will rise into the 70's next week. I will keep you all updated on how it goes. As for the noise it does seem a bit quieter than the others but since they are all on the same rack it's hard to tell.
Also, the packaging was all updated, new foam, smaller box etc... So this was definitely not just a stop putting one of the fans on redesign
Thanks for the update. I'm very interested in seeing how they perform. |
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I sold some but want to get rid of all my inventory of ASIC miners. Concentrating on ETH right now and might get back into BTC mining in 3-6 months.
I don't think it's a horrible idea on current inventory. With current coupon price on S7's it almost makes me want to see current gen and buy back in after next gen, and after we see next gen difficulty jumps at least at first. Double I ever sell all my asics, but tempting as I see S7 price pushing down current gen in value as we speak. So maybe Bitmain and other manufacturers are already mining with the new miners and they are keen to get rid of the old S7 as well. BW confirmed today large customers have been mining with their new miners and public availability is June. That would explain the increase in difficulty over the past few months. |
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so do we lose the reward?
So how does a situation like this work? |
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