The medium article doesn't really tell us much only that the audit is complete. Both the hardware and software audit. All it does is thank a few people and there are 2 links to the audit PDFs.

Reading the hardware audit by Bob tells us


So I am assuming that it means that the hardware audit is in favor of ProgPOW?

Anyone got more hardware experience that can read the article and analyze it better? I just read the conclusion in the last few slides.

Sometimes you got no choice but to use Windows. There are many times in the past when Linux drivers were buggy while Windows driver's werent. There are also other issues such as the miner software. When a coin is new sometimes there are miners only available for Windows and comes out weeks later for Linux.

I remember the ZEC launch days when Claymore released a fast miner but at the beginning it was only available for Windows. So what are you going to do? Mine nothing or just use Windows temporarily?

I actually prefer Linux also, much more stable, requires less intensive hardware and easier to manage but with mining in 2017+ I started to switch everything to Windows because the drivers were difficult in linux and so were the miners.

I miss the good old days of mining Litecoin in 2013 with my Radeon 7970 using PimP.

For a new crypto person there are many crypto scams out there and its very easily to get scammed. Basically it starts with getting your BTC stolen by using Win10 and getting some virus or some cell phone SMS sim swap scam and getting your BTC stolen from your exchange.

Now since this is the gambling section I will talk about how not to get scammed with crypto gambling sites. Your best resource is this forum actually. Find the official thread for the site you want to try out and read the first main post and make sure the original poster doesn't have a red trust and read the last 5-15 pages or so and see if there are any issues with the site.

This can take anywhere from 10-45 minutes but it gives you the confidence that you won't be getting scammed by a crypto gambling site. And there are tons of shady ones out there already.

We seem to be obsessed with finding Satoshi whenever there is a bitcoin bull market and usually never in a bear market. Its always on the media that they have "found Satoshi" and its always false.

Many people who are completely new to crypto are saying stuff like "He is alive and will sell when BTC hits $1 million a coin", or "He already sold his coins by selling his private keys", etc.

I think if he were to sell his coins, then he would of done it at like $10 a coin or $100 a coin or $1000 a coin or $10000 a coin. Even selling a million coins at $10 still would make him a multi-millionaire. So I don't think liquidating his coins is his objective.

There are way too many people out there with these crazy predictions like $50K, $100K, $250K and some even say $1 million. This reminds me of 2017 when everybody was buying bitcoin because they assumed it would go to 6 figures at least and look what happened.

Many of these analysts basically say that to get the retail public to start buying and the other retail public not to sell until it hits these area's and they are going to be the ones selling at either $19.9K or $49.9K or so.

The issue with getting these ETFs approved is actually a catch 22. Basically they are correct that right now its easy to manipulate the price of BTC. Remember what happened that day when BTC crashed down to $6100 or so on Bitstamp? Basically it caused a huge price crash due to Bitstamp being one of the main exchanges which makes up the price index for the bitcoin futures (on bitmex). If I recall correctly someone had like 5K BTC to sell and he kept putting it as the best ask price and it lead to algos going crazy and selling on other exchanges. 

For those that don't remember here is an article,
https://bitcoinist.com/bitcoin-price-flash-crash-5k-btc-dump-bitstamp/
It was back in May 2019.

For reasons like this is why the SEC doesn't want to approve an ETF. However if they approved one then BTC would have much more liquidity and a 5K sell order wouldn't cause this much mess as it did back in May 2019.

You can't really predict this. They will either stay the same (their ratio prices), go higher or go lower.

If BTC goes to $5000, then many might flock to alts to hedge against bitcoin going down. Basically what happened in January 2018.

Alts can also go down if too many people start to panic and leave crypto together. Basically BTC is much stronger than most alts so if BTC crashes then alts can crash a little more due to their smaller liquidity and the ratios can be even lower than today, its possible.

Or the ratios can stay the same with respect to bitcoin. Basically it could start a very slow bear market and the ratios will stay constant while the spot prices of alts against fiat will slowly head downwards.

There are many issues with this trading strategy. The main one is that everybody is looking at this triangle and when this happens, usually there are head-fakes. Another issue is that the triangles are not clear, depending on which exchange you use and which angle you draw the triangles at you will get different results.

Regarding your strategy of shorting the break of $9000, the issue is that it might go to $8999 and reverse and you will be in an underwater short. Another issue is that your $10500 buy-stop already triggered and its already at a loss since we hit $10250 already and we might go lower.

I think its best to wait for a break of $9000 and if it heads into the $7500 area of lower, wait until it retests the $9000 again and just short it then instead.

Ethereum seems to be pretty decentralized in terms of hashrate, its why its good that its mostly GPU mineable which anyone can do. However I do agree that the rich list is very centralized. There are a handful few which control most of the coins. Its why I am not happy how it was essentially an ICO before the launch.

The security however I think its very bad because of the complexity of the coin. Basically you can compare Bitcoin to an old Mercedes Diesel from the 1980s which can go on to a million miles and you can compare Ethereum to a brand new state of the art Mercedes S class from 2019. Sure the car will have many features that the 1980s diesel doesn't however if it keeps breaking down then what is the overall point. They had that DAO hack, that smart control bug which has millions of frozen coins and other issues with the coin. Can't really trust all your life savings with ETH.

I also never expected it to hit $1400, if I did I would of never sold the bulk of all my ETH holdings at like $20 or so.

Upon more investigation I am not sure the news is accurate.

I've went to ethereum reddit, ethermining reddit and tried a few different sources and nothing is confirmed about the algo implementation for ProgPOW.

I think all these news articles write unconfirmed information and they are just guessing and assuming that since the audit was positive, then they have to implement it in the next hard-fork however why I'm I not seeing anything from the eth developers? This is huge news and huge bad news for the ASIC community, so why isn't anyone talking about it.

Right now there is nothing worth CPU mining at all. Even if you got a few free hours. The setup won't even be worth the little reward you will get for it.

If the VPS has some high end GPU then you might make some decent money mining something like ETH which makes almost 50 cents a day however most VPS don't have a high end GPU.

Also since its a VPS, you might get banned for mining. Generally you are not allowed to use 100% CPU usage because the VPS is sometimes shared with others and you will slow down the load for everybody else, and it usually results in a ban.

2FA generally helps you when you get some malware or virus on your computer and the hacker has your username and password. They can't login because they don't have the correct 2FA.

Phishing sites are different. With a Phishing site if you think its a real site you will send your username, password and when asked for 2FA you will send it also since it usually asks for 2FA when logging in. Then depending on which casino site you are talking about , some have additional layer of 2FA where they ask for another 2FA code or the site admin might flag the withdraw if its going to a different BTC withdraw access and coming from a different IP from a different country.

One way to tell if you got a phishing site or not is just put in a fake username and fake password and if it asks for 2FA then its most likely a fake site. This is why its best to bookmark your casino links and never click any links in email.

That email from Stake was most likely not a fake email because it seemed like a "fair" promotion. If the promotion was something like "Send 0.01 BTC and get back 1.00 BTC" then it should be common sense to most that its a scam. Similiar to all those fake twitter posts.

I saw those Youtube videos in the past and it wasn't only for Bustabit or Roulette or even Dice. They basically make a video and they used to turn 50000 Sats into 1 BTC or so. And looking at the video it seemed legit and it was some "strategy" that they had and they either wanted money for that strategy or worse.

Basically it worked like this. They post a few videos on Youtube and it looks like they are making money with dice. Then in the description it says if you would like this "script" then email them. And the comments are ALWAYS DISABLED.

So you email them and they tell you that they want 10% of the profits and if you don't make money then they don't get anything. So most people would say its fair, because if somebody wins 1 BTC with their script, then most people won't care about giving them 0.10 BTC. However the script requires API access or worse the username/password for your dice account, once that is given they usually login and steal all your BTC and disappear.

This has been happening for years and Youtube is always slow at removing these videos.

This is generally the reason why many people have trouble making any money in the markets. They buy something and when they make 10% they sell and take profit. However lets say the trade goes against them, they usually don't take a 10% loss they hold it for 50-90% losses and at that point its very difficult to regain their original deposit back.

You can't predict the future but you can basically scale in and scale out of positions. So if you are up 10% take maybe 25% of it off the table and leave the rest to run.

Another issue is that you are asking for financial advice on a forum where most people are not investment experts. Basically nobody knows what will happen in the future. They are just guessing. When BTC is rising everybody is bullish and when BTC is falling everybody is bearish. However eventually the trend will reverse and most people will lose lots of money.

With the bitcoins that you bought, where did you send them exactly? And if you made any BTC deposits where did the deposits come from.

Only issue here I can think of is that you did some transaction which got your account flagged. In the past if you used bitcoin mixers to hid the true origins of the bitcoins then Coinbase was known to freeze those accounts due to liability reasons.

Another issue can be maybe your account had some hacking attempt and they just froze it to prevent any funds from being stolen. Only thing you can do is wait for Coinbase to reply. Its a weekend so you will need to wait until Monday or Tuesday.

The RX580 won't get 80Watts @ 30MH/s. The absolute best would maybe be about 120 Watts. When you measure power consumption you need to actually use a watt meter and not the figure that you see in GPU-z. That figure refers to the GPU wattage consumption and doesn't include the consumption used by the memory controller and other parts of the GPU.

I think the best figure I ever got was like 120 Watts @ 27.5 MH/s and this was with the highest ASIC quality GPU i had. Going any lower wasn't possible because it got freezing issues.

So if you got a 6 GPU rig then what you should expect is about ~750 Watts about 120Watts per GPU and 30 Watts or so for the memory, CPU, motherboard, etc.

No idea if this is fake news or not but according to some news article found on Tradingview, it looks like the ProgPOW audit was completed and infavor of switching to a new algo.

And they will include the new algo in the fork after this fork sometime at the beginning of 2020. Anyone got any concrete source for this or is it all speculation as before?

Looks like my RX 470 4GB should get like 10MH/s or so. So might finally power them up again eventually. Seems like the Nvidia GPUs will be the winners for this algo however.
Anyone know if the old ETH ASICs will be able to mine ETH or will they need to build new ASICs? Since ProgPOW just levels the playing field and doesn't get rid of them entirely.

When somebody hears you are involved with crypto it is usually 2 sided.

For the pros, its usually good that someone is taking the time to learn how blockchain works and contributes by doing some developmental work and getting ahead in their education. Its also beneficial for someone to learn about trading and the markets so when they mature they can invest their retirements into retirements funds or other blue chip stocks.

For the cons, its the bad rap that bitcoin had in the past when dealing with drugs and scams. Basically everybody has heard about Silk road and associated it with Bitcoin and crypto and made it look negatively. There are also all these scams happening where people are sent fake tax letters demanding payment in BTC or else prison time awaits. And the media usually picks this up and it makes bitcoin look negatively to the general public. Same with those ransomware viruses that were big about a year ago. They infected businesses and forced people to pay in BTC or else get all their files formatted. The media picked this up and everybody assumed bitcoin was used for illegal activities.

I've had this happen before. However this usually happens AFTER you restart the computer and never right after a flash, very strange.

To fix this you will need to use the onboard GPU and put the GPU in one of the slots and remove the other GPUs inside the motherboard. You can try and putting it in a bootable Win98 USB flash drive to boot into DOS and use ATIFlash from there but most likely your GPU won't be found.

You will need to take a paper clip and short 2 pins while attempting to start the computer and it will force it into a type of "Limp mode" and you flash this way and it usually recovers your GPU.

Try the DOS method first and if it doesn't work i'll send you instructions on which pins to short.

And if you got dual bios (probably not) then use that instead. Might be a switch near the PCIe connectors.

Well since the site went completely on-chain for the bitcoin cash network you can easily see that its still a little active and pays out. Basically people make a bet by sending a transaction and when that transaction gets hashed and included in a block it uses the hashed transaction id and that is how it determines the winning roll.

Its a great way to do provably fair because its cheat proof however its really unncessary since requires users to send an actual transaction. The BCH network usually accepts free transactions so its not an issue but its a pain if you keep most of your coins in a ledger or cold storage because its alot of manual work just to make 1 bet. The way they had it before was better. You made a deposit, made some rolls and then made a withdraw.

It would be impossible to do thousands of rolls this way.