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2.51% to +2.75 please! Thanks!
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http://btc.blockr.io/charts10/1/2015 153------------ + 9 ___--------- about + 4 for this adjustment period. 10/2/2015 130 ------------ -14 so as of 11 pm we are about a - 10 10/3/2015 10/4/2015 we have made 217 blocks we should be 231 so the real time number = (-6.06%)frankly pretty far away from bitcoinwisdom. but the Chinese holiday must have lowered some hashing a lot. My guess is we pick up on Tues or Weds. That is pretty amazing. Wow that is a complete change on hashing. Guess we can hope for more Chinese holiday's to help hash. Sadly after holiday I have a feeling next batch's of S7 will be coming pretty soon. Assuming it all works right for them. Which we know it was not 100 percent since they had some gear not hit the right hash. |
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or go for s7 and don't waste the time!  It might not be wise. Bitmain is the only game in town right now selling to the public. Their prices are jacked up because there is no competition. To get SP50 pricing this group would have to be pretty much set in stone with a lot of funding. I have a feeling it might take a purchase of a few specifically at the first. The hard part is at first I think it would take a NDA to a lot of the info with SP50. But then you run into problem of how do you share info under NDA with co-op members who don't have one. Unless you are really set on SP and got initial funding and got entire group to do NDA's. For what it's worth I still think electricity is just as important as miner. This group just needs a lot more set in stone I think before it will move to next stage. |
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Was it Bitmain that released the cgminer extra-nonce update, or Kano?
On the bitmain firmware's I believe it was custom by smit1237. It was done for nicehash. Just not a lot use that update, so for most part I think it's considered not need. To get best results the S7 would most likely need a custom firmware. And honestly I'm not sure I would risk a S7 with custom firmware. Just currently a lot of money of gear if something goes bad. I am kinda chicken on it though I only used the custom firmwares on ones that had SD cards and were easy to fix. Although I never did have an issue. |
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Did you see we jacked one up a bit yesterday and got it to 488MHz? Most of the high-power parts were actually still stock.
Definitely thank Novak for the cgminer. He spent a lot of time diving into the code to figure out what needed to be done to make everything work right, and adding a lot more frequencies to the program is super nice. The ramp-up init code he worked out is also a lifesaver - without it, high frequencies would be impossible. When the chips try to init at high frequency and high voltage, there's an initial super high current draw that isn't present with low frequency startups. His init code starts all sticks at low frequency and pushes them up to your max over several seconds, which allows the loads to stay very stable and doesn't overwhelm the regulator. As awesome as the sticks are, they wouldn't be half as useably awesome without his code.
I thank you both for the sticks and amazing code. I have to admit I did not know how amazing the compac code was till switching to it from the regular version. For it to allow such high freq and work with no effort on my part is pretty mind blowing. These things just are able to match your needs greatly. To be able to go from 8 to 16 easily is a big jump.
I will have to look for that one you jacked up to 488 Went to other thread that is mind blowing considering regular cgminer started at 125 or so, and around 250 on regular cgminer stopped you from pushing it further up. Seeing 25 or so GH out of one chip ... wow. |
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I roi'd my 280x already. Back in the GPU scrypt era, i would make 1-2$ per, per day. At the moment i make 1$ per~ and have made 2-4$ per for one month before it went down again recently.
They are long roi'd and are probably almost at 100% return after break even.
But sometime, you just gotta shut them off. For most of 2015 the return per GPU was 20-25cents per, per day. For the electricity they consumed, it would have been more efficient to run S3's or even S1s.
So GPUs are really a exclusive thing. You need to either have a miner/kernel that let you mine at high speed than others. Or you just get the good stuff when they come up and then let them rest or sell them.
I ROIed on all of my GPU's aswell. But I choose to sell them and go into asics. Just for me I thought was best bet. I did not get the crazy pricing GPUs had during height. But I got a good amount still for my 270/280's. Kept very few of them as it was great profit selling ontop of ROI. So was pretty amazing mining back then. |
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A safe deposit box is good, but can the government force the bank to open the safe deposit box?
In some jurisdictions, I think the government's order would be binding on the bank. In that case, the government can seize your bitcoins at any time.
It would depend on your government. If you feel secure and have a solid government. But as far as the US I feel pretty secure with safty deposit box. There would have to be cause of something to open it.... and quite frankly I'm to boring there is nothing illegal or bad I do to warrent opening my box. So I feel fine with security. If you are into "bad/illegal business" then yes your box could be opened as there would be cause. It really depends on goverment I would say. I still think government countries credit rating is one good way to see on trust. |
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Thanks Novak for the cgminer version also a thanks to sidehack for all his work. I went from 4.9.2 to it and am able to clock it higher. In 4.9.2 I went to 250 and it seemed after that I was not able to go higher.
But the version for compacs from Novak is letting me go higher. Slowly have 3 that I have been pumping up a little by little currently playing with 300 freq. It's been fun to see how well they have worked.
Really got to play with it for a good bit. Was able to do up to 300 freq with no problems with 3 compacs and Y cables. The hub seemed to start to have trouble over 300 with 3 compac and Y splitters. Tomorrow I might try less then three on hub as 2 seemed to worked great still at 325. But I ended up going for 275 getting around 15 GH which I am very happy with. Have some pc fans so not a ton but a little air flowing through the compacs. These are very fun to play with to say the least. |
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Was looking at the link I put up earlier of nine s7 miners running on nicehash USA .
The miners were run for 24 hours and they steadily lost hashrate over the 24 hours before they were
.pulled. Speed now about 73ths.
Does not look encouraging
S5's and s4's look nice and steady which are the miners still running.
They are not designed to work with nicehash like regular stratum pools. Read about it here - https://www.nicehash.com/index.jsp?p=software#devsSome miners have custom firmware that allows the "fix for stratum extranonce bug". But not all software of cgminer you pretty much don't need it unless you are at nicehash. But try them on a regular pool, instead of nicehash and I think your hashing will be more steady. |
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Night bitwisdom:
Bitcoin Difficulty: 60,813,224,039
Estimated Next Difficulty: 62,647,168,085 (+3.02%)
Adjust time: After 1799 Blocks, About 12.4 days
Hashrate(?): 435,821,900 GH/s
So went down slightly from earlier today. Price really 237-238 most of day. We really have been pretty steady on price for a week or so.
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I had a friend for fun try and re-purpose them to crack sha-256 hashes for fun, but he ran into issues with removing the polynomial logic (?) on the chips with software workarounds that made it moot. In his words, the asic's are worthless for anything besides their original design unless you have an electron microscope and access to semiconductor facilities, but even then they are worthless outside of their original purpose.
The other components are mainly garden variety and as others pointed out will be heated so the solder melts for them to fall out. Everything else will be smelted in a cancer factory for a small amount of precious metals that will kill generations of people from the toxic process.
Ufo
They are designed and do one thing well with Asics. No matter what you try this will not crack sha-256 hashing on security, that is just a different kind of element these asics were not desigbed to do. I think your thoughts are a little tough on recycling. With asics compared to computer waste there is a lot more metal (or other types of material). Some will be e-waste. But that is the problem with any tech item. |
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as it says i'm 100% noob to this bitcoin word i have seen some ads talking about bitcoin mining and wasn't able to understand it  could you please explain to me what is that mining and how to earn bitcoins from it thanks  Mining = minting bitcoin. But mining bitcoin is helping to stabilize the network and maintain it. It's like a maintenance tax, that is necessary to keep bitcoin alive. Miners get rewarded by this, and its very profitable , but only for big miners not small ones I'm small, and its profitable, you just need to do it in the right conditions. The miners get all the TX Fee and the block reward and i get a self satisfying part of it with my home mining.  Depends how much electricity costs, in my zone it costs alot, we pay like 40% taxes on it, it sucks  But you can still mine like altcoins profitable ? There is not much difference for Altcoin and Bitcoin. They are both crypto so would both should counted the same here. Profitability for Altcoin isint really higher than BTC ASIC. Its mostly that it let you do something with your GPU hardware, sometime CPU as well. With the high cost of GPU and its high electricity usage, its even more prone to being unprofitable if you do not have dirt cheap electricity. Even with dirt cheap electricity you might make more then it's costing to run. But that is far from making a ROI on those GPUs. Even if you had "free" electricity I don't think you will recover GPU costs anytime soon. Just is a game of asics for the most part today. Anything an asic can mine they will crush GPU's. |
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You need a nice secure place to put it. In most countries safty deposit boxes are that. You could easily put just the QR code in it and if stolen if it does not say bitcoin on it most thief's would not know the QR is to a bitcoin wallet.
But I highly suggest not posting your spot of hiding online. It is a bad idea as if a "bad guy" targets you for BTC you really don't want you spot of hiding be posted on a board.
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Thanks Novak for the cgminer version also a thanks to sidehack for all his work. I went from 4.9.2 to it and am able to clock it higher. In 4.9.2 I went to 250 and it seemed after that I was not able to go higher.
But the version for compacs from Novak is letting me go higher. Slowly have 3 that I have been pumping up a little by little currently playing with 300 freq. It's been fun to see how well they have worked.
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hello guys, four months after I bought the miner from Bitmain, 4x S5, I have burned 2 cards, fortunately still had the guarantee, and we resolved, I am now five months that I use the miner, then the warranty expired, and a blade has burned, I asked for help to bitmain saying that I wanted to buy a new blade, they said they have no more spare parts because S5 is out of production ,. I do not understand what kind of support you? in 5 months you were burned 3 pcb, now do not even spare parts, no longer respond to email me, if you burn more blades so I can stop undermining bitcoin, because there are no spare parts? so I paid $ 2,200 including shipping to Italy 4x antminer S5, I have not made even half of the investment, I burned the miner, and I can not replace lame.ho asked a cupon to buy s7 least to compensate the crap that makes bitmain. I think that the products bitmain are scarce, if you burn in a few months. After the warranty you are pretty much on your own as far as cost. Most of time they have part's for a while for example S3 controllers they had these LONG after S3 production. But some parts yes they do run out and do not make any more. Is it the same machine burning these cards? If so did you buy direct from bitmain? Also what is environment like they are in? It was summer through this it sounds like what temps was ambient in where you ran them? Just curious on those questions. But one thing I can tell you is Bitmain will not give coupons for compensation of miners outside of warranty or even downtime during RMA's. If you are trying to get coupons for that I can suggest stop as it will only cause you more anger, and you will not get it. |
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I had just left it since i dont understand all things i must do ,i made worker and a pool but the message from last rent they say is sucessfull i dont have a peny at my stratum pool soo i lost 20k satoshis on in ,and the first loan around 400k satoshis soo its enought for me to stay away from it.I had asked myself why to rent something you can use to mine and profit by yourself,i guess they earn more renting then mining but well without a roi the program wouldnt work,soo some of them are getting profit .
The owners of the rigs are the one's that get the profit mainly. Most renters are either solo miners or alt miners. Alt miners are a little harder to predict ROI as they very so much. Some who mine an altcoin at right time and sell later on might make bank. But others can loose money. Places like most rentals are higher then what the rig would bring mining BTC so there is that premium. But I am suprised quite a lot nicehash/westhash is under BTC price. But add fee's and pool fees almost always you are going to lose money if mining BTC and paying in BTC. |
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A lot of miners have multiple owners. It's really different day's in the world of asics then GPU's. GPU's you used them to mine and most sold to a gamer who would use.
With asic it seems higher priced electricity people stick with new gear because of efficiency. At a certain point though it makes to little and is sold online to someone with lower electricity.
It would not surprise me if miners at this point have 3 homes by the end of their life. I think we will only see more of this moving to lower priced electricity places with old asics.
On old gear what I hope happens is parts are reused. I know this likely will not happen. But imagine if we could get a place to store A1 cases and heatsinks some third party could make a upgraded hashing pcb and you have a new miner. I really wish there was more upgrading but it does not seem to happen much. Sadly you are probley right about them going to recycle's who sell for metal value at some point.
You "can" recycle a fair bit of components on used boards. The fans can be reused or at least the plastic recycled when the motors die. The metal parts could be melted. But all in all, that is a lot of manual labor and there is a constant waterfall of them trickling down to landfills so i'm guessing Cryptocurrency related ASIC will simply just be that. A bit more electronic being dumped somewhere. I think only the metal heatsink and cover/husk would be convenient to recycle and you could probably recycle them with home recycling bins. The big thing is the heatsinks. With the A1 Dragon 1T they are quite sizeable. And if you happen to have a A1 1.5T they are even more sizeable. I believe my 1.5 weighed around 50 pounds when I shipped it. These old heatsinks really could be put to good use if reused. But sadly they most likely will end up in some kinda metal recycler eventually. |
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Is paper wallet considered as a physical wallet?
If no, then you can save it as a digital file as a pdf or as jpg image.
On that page there are all necessary information to receive and spend your bitcoins.
A paper wallet is normally printed on a piece off paper. Sometimes stuck in physical coins. Or you can just store in safe place. But you could print a PDF or other version and store it as a digital file. You would just have to be careful where you keep it. I would do a usb stick or two if you choose this route. I would not store on anything that is online or regular computer. |
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