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Heck I see opportunity here for anyone that was slow to get BTC
simple do a nice DCA:
50 a week or
100 a week or
200 a week or
more.
just be sure that you have spare funding to do it for a while (1 year or more)
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Huh..! Really missing these days. $46000.
As things stand, you will miss those days for a long time, because so many people have been wanting the price to drop as low as possible for months, and then when it finally happened, they want it even lower - and I personally have nothing against going below $1000, because then everyone will can earn their first BTC only through faucets in case it is too expensive for them to buy it even then. gawd... even the WO seems to be full of bears... bottom must be near No more exchanges will fall. ... Yes, the possibility is there. You sound like you are absolutely certain.. With that kind of conviction, selling everything to buy back lower is the way to go, right? ....right? I rarely do all or nothing. Since I am mining I am getting some coins. My exchanges holdings are now over 70% real usd in a fdic insured account. I.E. real usa cash on coinbase. lets say 3000 real usd on coinbase (random number) and 300 usd in eth staked and 300 in LTC which is how I pay simplemining monthly fees and 300 in btc. rest is on a few real wallets stashed off line. I have a weekly dca with coinbase for btc. I have some mining earnings coming in. I can buy btc on coinbase and move it off to a wallet I hold keys to. |
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Huh..! Really missing these days. $46000.
As things stand, you will miss those days for a long time, because so many people have been wanting the price to drop as low as possible for months, and then when it finally happened, they want it even lower - and I personally have nothing against going below $1000, because then everyone will can earn their first BTC only through faucets in case it is too expensive for them to buy it even then. gawd... even the WO seems to be full of bears... bottom must be near No more exchanges will fall. I few pages back I posted kucoin's email to me their top 5 assets are 350 million in btc and 2.2 billion junk coins. including 500 million plus in kcs their own token. "Dear KuCoin Users, As the People’s Exchange, the safety and security of users’ funds are our top priority. As part of our dedication to transparency and to strengthen trust in the industry, we are taking the following actions: 1) As we have announced before, we are working on the Merkle-tree proof-of-reserves. The third-party auditor Armanino LLP , a leading audit firm requires about one month to complete the audit and we will publish the proof in early December. 2) We are immediately sharing details of our hot and cold wallet addresses. From day 1 of building KuCoin, we have been transparent to our users, and we are committed to continue with full transparency. Here, see an overview of our hot and cold wallet addresses and their current holdings: BTC ( 20,504 BTC) ETH ( 180, 299 ETH) USDT ( 1,075,909,241 USDT) USDC ( 365,722,839 USDC) KCS (69,601,075 KCS) The snapshot was taken on 11/11/2022 at 7:00 UTC and does not represent all our holdings. Only major tokens on BTC, ETH, TRX , KCC, ALGO, ABR, OPT ,EOS are included. The full report of our audit will give even greater detail. In addition, we are staking 29,696 ETH as the Ethereum PoS node, and each node has 32 ETH on the address. Due to the excessive number of node addresses, we will not disclose them one by one here." Only BTC is a real and true POW coin. So the numbers above reflect 350mill good coin to 2200mill bad coin and the KCS is 2x bad as they invented it. I can see at least 1 or 2 more fails of exchanges in next 2-6 months. The fed's won this battle they simply printed $$$ which devalued all the Dollar pegged digital coins. Oh well. |
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To all crypto miners who still believe in gpu mining is there anyone using RTX4090 already for mining? What hashrate are you getting off the graphic card and which coin is the most friendly for mining on the RTX4090, also I need information on watt consumption and heat, this is urgent, I will drop more information later.
Is this information not enough for you? https://whattomine.com/gpus/79-nvidia-geforce-rtx-4090?cost=0.1&cost_currency=USDMaybe you can get a little better power consumption, but this video card has the same problems as the RTX 3090. And then you will have the dilemma: making expensive cooling or opening warranty seals and changing thermal pads with thermal paste. you know my 3090ti cards have cool memory numbers I have 4 from evga all of them have ram in the 76-86c range with 300- 305 watts https://www.evga.com/products/product.aspx?pn=24G-P5-4983-KRlook at the two 3090ti in open air rig below  |
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FTX , SBF & Customers funds
World leading Crypto exchange FTX had already in troubled with liquidity crisis. FTX valued at $32bn but now FTX bankruptcy in 11 November 2022. After competing offshore crypto exchange , binance backedout of a deal to acquire it and users withdrew around $6 bn in funds.
After collapsed $1 bn customers funds vanished from exchange FTX , then by tricking FTX CEO SAM BANKMAN Fried secretly transferred more than $10 bn customers funds from FTX to SBF trading company Alameda Research.
CEO of FTX sister company Alameda is in Hong Kong and trying to get to Dubai, a country that doesn’t have extradition treaty with the U.S., a source tells Cointelegraph Source: Bitcoin Magazine People are very stupid indeed. Russia is the only country that can protect you from the terrorists running US government. Yeah until they lock you up for 9 years for a little pot while they be drinking their vodka. |
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So ...
Just flow with me here for a sec... What if this whole FTX thing was really a set-up. Powers that be come in... got SB-F hooked on SOMETHING. Have you seen the videos of him vibrating like a diesel engine? Then start making less and less veiled threats 'till they set up the collapse. Have legislation ready in the countries they control to try to bring the whole thing down over a few weeks...
Nah. Just a ponzi prolly.
[  ] Also this. https://www.weforum.org/organizations/ftxAll these lenders/exchanges fail one after another. I wouldn't be too surprised, if setting up (some of) these companies just to pull the plug afterwards was an attack of tptb. We are in an era of covert wars so it would fit the zeitgeist. So few see it still... which makes me fear we are doomed. Almost no one realizes we are ~50 years into WWIII. But it's getting pretty heavy now. The next few years will be interesting if nothing else. ..because we aren't, perhaps? I don't think you know how WWIII would really look like. Appearently you don't as you don't recognize it while je does. Covert operations are hip, they are actually getting more and more overt (as it's more and more obvious) but the plebis is more and more compliant. Not sure that I get what you are talking about...let's just agree to call apples and oranges appropriate names and not mix them up. What this has to do with "plebs"? The notion that we are at WWIII for 50 years sounds so improbable that not much explanation is required, really, as it is self-evident. People call WWars when a a large scale kinetic warfare occurs at multiple sites over the globe simultaneously with at least dozens of countries involved, tens of millions (or more) eventually dead. Where was THAT in the last 50 years? covid pandemic millions dead world wide? deliberate melting of the ice caps which will kill millions more in next 10-20 years. overdose deaths on the rise due to heroin laced with phyntenal (sp) aids virus millions dead world wide. Now personally I do not think the four items above are world war III but some do. |
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in fact the release of the 4000 series gpu had a bad timing after the passage of eth to pos no miner will buy them anymore they are only for gamers, then i read that on the 4090 there may be a risk that they catch fire
You're like captain obvious  The whole prospect of mining other coins has been described in this and similar articles. https://bitproit.com/gpu-mining-profitability-after-ethereum-merge/Video card manufacturers were talking nonsense that gamers buy their video cards, so let them now look for their gamers. I now have several dozen video cards for games. three cheers for the genius mr v.b. crushes amd nvidia and countless other tech companies. pos indeed. You have a lot of modern video cards, what are you mining now? Have you been offered to rent your graphics cards for computing in an AI project? I recently received a letter that electricity tariffs will increase by 20% in 2 years and the first rise in price will be in December. I mine etc and zilla. my power cost is 0 til dec 2023 these net close to 30 usd a day. I would love to get move than 30 usd a day. I have about 10gh.
I don't know do you have any links for it?
NVIDIA RTX 4070 Ti on January 5th https://videocardz.com/newz/nvidia-geforce-rtx-4070-ti-reportedly-launches-on-january-5thMEGAsizeGPU corroborates on Kopite7kimi claim that NVIDIA has renamed its RTX 4080 12GB graphics card to RTX 4070 Ti. Packaging design featuring this new product name has been shared along with a new release date. Board partners must adhere to this template when making their own boxes. Product Unveil – 3rd January, 2023 Product Review – 4th January, 2023 Product Launch – 5th January, 2023 |
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Is it the the main FTX or FTX USA as well, which have been hacked?
Both or so the thread reads. So at this point my funds are more than 90% off exchanges. Need some on the exchanges for business. |
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Normal zone: 0 pages reserved
Normal zone: 61440 pages, LIFO batch:15
percpu: Embedded 12 pages/cpu @cddf0000 s19916 r8192 d21044 u49152
pcpu-alloc: s19916 r8192 d21044 u49152 alloc=12*4096
pcpu-alloc: [0] 0 [0] 1
Built 1 zonelists in Zone order, mobility grouping on. Total pages: 60960
Kernel command line: mem=240M console=ttyPS0,115200 ramdisk_size=33554432 root=/dev/ram rw earlyprintk
PID hash table entries: 1024 (order: 0, 4096 bytes)
Dentry cache hash table entries: 32768 (order: 5, 131072 bytes)
Inode-cache hash table entries: 16384 (order: 4, 65536 bytes)
Memory: 209348K/245760K available (6317K kernel code, 243K rwdata, 1932K rodata, 1024K init, 232K bss, 20028K reserved, 16384K cma-reserved, 0K highmem)
Virtual kernel memory layout:
vector : 0xffff0000 - 0xffff1000 ( 4 kB)
fixmap : 0xffc00000 - 0xfff00000 (3072 kB)
vmalloc : 0xcf800000 - 0xff800000 ( 768 MB)
lowmem : 0xc0000000 - 0xcf000000 ( 240 MB)
pkmap : 0xbfe00000 - 0xc0000000 ( 2 MB)
modules : 0xbf000000 - 0xbfe00000 ( 14 MB)
.text : 0xc0008000 - 0xc090e410 (9242 kB)
.init : 0xc0a00000 - 0xc0b00000 (1024 kB)
.data : 0xc0b00000 - 0xc0b3cda0 ( 244 kB)
.bss : 0xc0b3cda0 - 0xc0b77024 ( 233 kB)
Preemptible hierarchical RCU implementation.
Build-time adjustment of leaf fanout to 32.
RCU restricting CPUs from NR_CPUS=4 to nr_cpu_ids=2.
RCU: Adjusting geometry for rcu_fanout_leaf=32, nr_cpu_ids=2
NR_IRQS:16 nr_irqs:16 16
efuse mapped to cf800000
ps7-slcr mapped to cf802000
L2C: platform modifies aux control register: 0x72360000 -> 0x72760000
L2C: DT/platform modifies aux control register: 0x72360000 -> 0x72760000
L2C-310 erratum 769419 enabled
L2C-310 enabling early BRESP for Cortex-A9
L2C-310 full line of zeros enabled for Cortex-A9
L2C-310 ID prefetch enabled, offset 1 lines
L2C-310 dynamic clock gating enabled, standby mode enabled
L2C-310 cache controller enabled, 8 ways, 512 kB
L2C-310: CACHE_ID 0x410000c8, AUX_CTRL 0x76760001
zynq_clock_init: clkc starts at cf802100
Zynq clock init
sched_clock: 64 bits at 333MHz, resolution 3ns, wraps every 4398046511103ns
clocksource: arm_global_timer: mask: 0xffffffffffffffff max_cycles: 0x4ce07af025, max_idle_ns: 440795209040 ns
Switching to timer-based delay loop, resolution 3ns
clocksource: ttc_clocksource: mask: 0xffff max_cycles: 0xffff, max_idle_ns: 537538477 ns
ps7-ttc #0 at cf80a000, irq=18
Console: colour dummy device 80x30
Calibrating delay loop (skipped), value calculated using timer frequency.. 666.66 BogoMIPS (lpj=3333333)
pid_max: default: 32768 minimum: 301
Mount-cache hash table entries: 1024 (order: 0, 4096 bytes)
Mountpoint-cache hash table entries: 1024 (order: 0, 4096 bytes)
CPU: Testing write buffer coherency: ok
CPU0: thread -1, cpu 0, socket 0, mpidr 80000000
Setting up static identity map for 0x100000 - 0x100058
CPU1: failed to boot: -1
Brought up 1 CPUs
SMP: Total of 1 processors activated (666.66 BogoMIPS).
CPU: All CPU(s) started in SVC mode.
devtmpfs: initialized
VFP support v0.3: implementor 41 architecture 3 part 30 variant 9 rev 4
clocksource: jiffies: mask: 0xffffffff max_cycles: 0xffffffff, max_idle_ns: 19112604462750000 ns
pinctrl core: initialized pinctrl subsystem
NET: Registered protocol family 16
DMA: preallocated 256 KiB pool for atomic coherent allocations
cpuidle: using governor menu
hw-breakpoint: found 5 (+1 reserved) breakpoint and 1 watchpoint registers.
hw-breakpoint: maximum watchpoint size is 4 bytes.
zynq-ocm f800c000.ps7-ocmc: ZYNQ OCM pool: 256 KiB @ 0xcf880000
vgaarb: loaded
SCSI subsystem initialized
usbcore: registered new interface driver usbfs
usbcore: registered new interface driver hub
usbcore: registered new device driver usb
media: Linux media interface: v0.10
Linux video capture interface: v2.00
pps_core: LinuxPPS API ver. 1 registered
pps_core: Software ver. 5.3.6 - Copyright 2005-2007 Rodolfo Giometti <giometti@linux.it>
PTP clock support registered
EDAC MC: Ver: 3.0.0
Advanced Linux Sound Architecture Driver Initialized.
clocksource: Switched to clocksource arm_global_timer
NET: Registered protocol family 2
TCP established hash table entries: 2048 (order: 1, 8192 bytes)
TCP bind hash table entries: 2048 (order: 2, 16384 bytes)
TCP: Hash tables configured (established 2048 bind 2048)
UDP hash table entries: 256 (order: 1, 8192 bytes)
UDP-Lite hash table entries: 256 (order: 1, 8192 bytes)
NET: Registered protocol family 1
RPC: Registered named UNIX socket transport module.
RPC: Registered udp transport module.
RPC: Registered tcp transport module.
RPC: Registered tcp NFSv4.1 backchannel transport module.
PCI: CLS 0 bytes, default 64
Trying to unpack rootfs image as initramfs...
rootfs image is not initramfs (no cpio magic); looks like an initrd
Freeing initrd memory: 6956K (cd42e000 - cdaf9000)
hw perfevents: enabled with armv7_cortex_a9 PMU driver, 7 counters available
futex hash table entries: 512 (order: 3, 32768 bytes)
workingset: timestamp_bits=28 max_order=16 bucket_order=0
jffs2: version 2.2. (NAND) (SUMMARY) © 2001-2006 Red Hat, Inc.
io scheduler noop registered
io scheduler deadline registered
io scheduler cfq registered (default)
dma-pl330 f8003000.ps7-dma: Loaded driver for PL330 DMAC-241330
dma-pl330 f8003000.ps7-dma: DBUFF-128x8bytes Num_Chans-8 Num_Peri-4 Num_Events-16
e0000000.serial: ttyPS0 at MMIO 0xe0000000 (irq = 159, base_baud = 6249999) is a xuartps
console [ttyPS0] enabled
xdevcfg f8007000.ps7-dev-cfg: ioremap 0xf8007000 to cf86e000
[drm] Initialized drm 1.1.0 20060810
brd: module loaded
loop: module loaded
CAN device driver interface
gpiod_set_value: invalid GPIO
libphy: MACB_mii_bus: probed
macb e000b000.ethernet eth0: Cadence GEM rev 0x00020118 at 0xe000b000 irq 31 (00:0a:35:00:00:00)
Generic PHY e000b000.etherne:00: attached PHY driver [Generic PHY] (mii_bus:phy_addr=e000b000.etherne:00, irq=-1)
e1000e: Intel(R) PRO/1000 Network Driver - 3.2.6-k
e1000e: Copyright(c) 1999 - 2015 Intel Corporation.
ehci_hcd: USB 2.0 'Enhanced' Host Controller (EHCI) Driver
ehci-pci: EHCI PCI platform driver
usbcore: registered new interface driver usb-storage
mousedev: PS/2 mouse device common for all mice
i2c /dev entries driver
cdns-i2c e0005000.ps7_i2c: 100 kHz mmio e0005000 irq 154
Xilinx Zynq CpuIdle Driver started
sdhci: Secure Digital Host Controller Interface driver
sdhci: Copyright(c) Pierre Ossman
sdhci-pltfm: SDHCI platform and OF driver helper
mmc0: SDHCI controller on e0100000.ps7-sdio [e0100000.ps7-sdio] using ADMA
ledtrig-cpu: registered to indicate activity on CPUs
usbcore: registered new interface driver usbhid
usbhid: USB HID core driver
nand: disable subpage write
nand: device found, Manufacturer ID: 0x2c, Chip ID: 0xda
nand: Micron MT29F2G08ABAEAWP
nand: 256 MiB, SLC, erase size: 128 KiB, page size: 2048, OOB size: 64
nand: NAND_ECC_HW
nand: NAND_ECC_HW_SYNDROME
mtd->writesize = 2048
ecc->strength = 1
ecc->size = 2048
mtd->writesize = 2048
chip->ecc_strength_ds = 4
chip->ecc_step_ds = 512
nand: WARNING: pl35x-nand: the ECC used on your system is too weak compared to the one required by the NAND chip
Bad block table found at page 131008, version 0x01
Bad block table found at page 130944, version 0x01
nand_read_bbt: bad block at 0x000002420000
nand_read_bbt: bad block at 0x000002440000
nand_read_bbt: bad block at 0x000002460000
8 ofpart partitions found on MTD device pl35x-nand
Creating 8 MTD partitions on "pl35x-nand":
0x000000000000-0x000002800000 : "BOOT.bin-dts-marker-kernel"
0x000002800000-0x000004800000 : "ramfs"
0x000004800000-0x000005000000 : "configs"
0x000005000000-0x000005200000 : "sig"
0x000005200000-0x000006000000 : "reserve1"
0x000006000000-0x000007000000 : "upgrade-ramfs"
0x000007000000-0x00000a800000 : "upgrade-file"
0x00000a800000-0x000010000000 : "reserve2"
nf_conntrack version 0.5.0 (3635 buckets, 14540 max)
ip_tables: (C) 2000-2006 Netfilter Core Team
NET: Registered protocol family 10
ip6_tables: (C) 2000-2006 Netfilter Core Team
sit: IPv6 over IPv4 tunneling driver
NET: Registered protocol family 17
can: controller area network core (rev 20120528 abi 9)
NET: Registered protocol family 29
can: raw protocol (rev 20120528)
can: broadcast manager protocol (rev 20120528 t)
can: netlink gateway (rev 20130117) max_hops=1
zynq_pm_ioremap: no compatible node found for 'xlnx,zynq-ddrc-a05'
zynq_pm_late_init: Unable to map DDRC IO memory.
Registering SWP/SWPB emulation handler
hctosys: unable to open rtc device (rtc0)
ALSA device list:
No soundcards found.
RAMDISK: gzip image found at block 0
EXT4-fs (ram0): couldn't mount as ext3 due to feature incompatibilities
EXT4-fs warning (device ram0): ext4_update_dynamic_rev:746: updating to rev 1 because of new feature flag, running e2fsck is recommended
EXT4-fs (ram0): mounted filesystem without journal. Opts: (null)
VFS: Mounted root (ext4 filesystem) on device 1:0.
devtmpfs: mounted
Freeing unused kernel memory: 1024K (c0a00000 - c0b00000)
EXT4-fs (ram0): re-mounted. Opts: block_validity,delalloc,barrier,user_xattr,errors=remount-ro
devpts: called with bogus options
ubi0: attaching mtd2
ubi0: scanning is finished
ubi0: attached mtd2 (name "configs", size 8 MiB)
ubi0: PEB size: 131072 bytes (128 KiB), LEB size: 126976 bytes
ubi0: min./max. I/O unit sizes: 2048/2048, sub-page size 2048
ubi0: VID header offset: 2048 (aligned 2048), data offset: 4096
ubi0: good PEBs: 64, bad PEBs: 0, corrupted PEBs: 0
ubi0: user volume: 1, internal volumes: 1, max. volumes count: 128
ubi0: max/mean erase counter: 12/3, WL threshold: 4096, image sequence number: 322110083
ubi0: available PEBs: 0, total reserved PEBs: 64, PEBs reserved for bad PEB handling: 4
ubi0: background thread "ubi_bgt0d" started, PID 729
UBIFS (ubi0:0): background thread "ubifs_bgt0_0" started, PID 733
UBIFS (ubi0:0): recovery needed
UBIFS (ubi0:0): recovery completed
UBIFS (ubi0:0): UBIFS: mounted UBI device 0, volume 0, name "config_data"
UBIFS (ubi0:0): LEB size: 126976 bytes (124 KiB), min./max. I/O unit sizes: 2048 bytes/2048 bytes
UBIFS (ubi0:0): FS size: 5840896 bytes (5 MiB, 46 LEBs), journal size 1015809 bytes (0 MiB, 6 LEBs)
UBIFS (ubi0:0): reserved for root: 275879 bytes (269 KiB)
UBIFS (ubi0:0): media format: w4/r0 (latest is w4/r0), UUID C7CFF589-3D04-4ECB-B10E-70A73BA643A8, small LPT model
ubi2: attaching mtd4
ubi2: scanning is finished
ubi2: attached mtd4 (name "reserve1", size 14 MiB)
ubi2: PEB size: 131072 bytes (128 KiB), LEB size: 126976 bytes
ubi2: min./max. I/O unit sizes: 2048/2048, sub-page size 2048
ubi2: VID header offset: 2048 (aligned 2048), data offset: 4096
ubi2: good PEBs: 112, bad PEBs: 0, corrupted PEBs: 0
ubi2: user volume: 1, internal volumes: 1, max. volumes count: 128
ubi2: max/mean erase counter: 58/38, WL threshold: 4096, image sequence number: 183710239
ubi2: available PEBs: 0, total reserved PEBs: 112, PEBs reserved for bad PEB handling: 4
ubi2: background thread "ubi_bgt2d" started, PID 740
UBIFS (ubi2:0): background thread "ubifs_bgt2_0" started, PID 744
UBIFS (ubi2:0): recovery needed
UBIFS (ubi2:0): recovery completed
UBIFS (ubi2:0): UBIFS: mounted UBI device 2, volume 0, name "misc"
UBIFS (ubi2:0): LEB size: 126976 bytes (124 KiB), min./max. I/O unit sizes: 2048 bytes/2048 bytes
UBIFS (ubi2:0): FS size: 11935744 bytes (11 MiB, 94 LEBs), journal size 1015809 bytes (0 MiB, 6 LEBs)
UBIFS (ubi2:0): reserved for root: 563754 bytes (550 KiB)
UBIFS (ubi2:0): media format: w4/r0 (latest is w4/r0), UUID FEDBFDD6-2CB2-4ED5-B170-449E62906392, small LPT model
IPv6: ADDRCONF(NETDEV_UP): eth0: link is not ready
IPv6: ADDRCONF(NETDEV_UP): eth0: link is not ready
random: avahi-daemon urandom read with 2 bits of entropy available
macb e000b000.ethernet eth0: unable to generate target frequency: 25000000 Hz
macb e000b000.ethernet eth0: link up (100/Full)
IPv6: ADDRCONF(NETDEV_CHANGE): eth0: link becomes ready
In axi fpga driver!
request_mem_region OK!
AXI fpga dev virtual address is 0xcfbc8000
*base_vir_addr = 0xb051
In fpga mem driver!
request_mem_region OK!
fpga mem virtual address is 0xd2000000
random: nonblocking pool is initialized
===========================================Miner log===========================================
time="1970-01-01 00:00:09" level=error pid=879 msg="invalid URL -- ''"
time="1970-01-01 00:00:09" level=info pid=879 msg="release version"
time="1970-01-01 00:00:09" level=info pid=879 msg="asic mode"
time="1970-01-01 00:00:09" level=notice pid=879 msg="algo ltc fan_control_mode 2"
time="1970-01-01 00:00:10" level=notice pid=879 msg=platform_init
time="1970-01-01 00:00:10" level=info pid=879 msg="mmap fpga_mem_addr_hal = 0xb5d23000
"
time="1970-01-01 00:00:10" level=info pid=879 msg="HARDWARE_VERSION = 0x2000b051
"
time="1970-01-01 00:00:10" level=notice pid=879 msg="chain_offset 0, chain 0"
time="1970-01-01 00:00:10" level=notice pid=879 msg="chain_offset 0, chain 0, pic firmware verion = 0xfe"
time="1970-01-01 00:00:10" level=notice pid=879 msg="chain_offset 1, chain 1"
time="1970-01-01 00:00:11" level=notice pid=879 msg="chain_offset 1, chain 1, pic firmware verion = 0xfe"
time="1970-01-01 00:00:11" level=notice pid=879 msg="chain_offset 2, chain 2"
time="1970-01-01 00:00:12" level=notice pid=879 msg="chain_offset 2, chain 2, pic firmware verion = 0xfe"
time="1970-01-01 00:00:12" level=notice pid=879 msg="reset fpga"
time="1970-01-01 00:00:12" level=notice pid=879 msg="Begain check_fan_valiad"
time="2022-11-11 20:51:57" level=notice pid=879 msg="check_fan_valiad, check_fan_speed ok, fan_num = 4"
time="2022-11-11 20:51:57" level=notice pid=879 msg="Miner compile time: Tue Apr 12 17:55:17 CST 2022 type: Antminer L7"
time="2022-11-11 20:51:57" level=info pid=879 msg="godminer Version = 0xB051 1.0.0_release_dirty_master_4c4db04fc8fb8ce1a21da1db2301f261664943c2_Apr 12 2022 18:08:37"
time="2022-11-11 20:51:57" level=notice pid=879 msg="miner thread with 3 backend runtime created pid 879"
time="2022-11-11 20:51:57" level=notice pid=879 msg="opt_algo 6, ltc"
time="2022-11-11 20:52:03" level=notice pid=879 msg="MAX voltage: 1440"
time="2022-11-11 20:52:03" level=notice pid=879 msg="MIN freq: 1775"
time="2022-11-11 20:52:03" level=notice pid=879 msg="Chain [0] ft F1V11B1C2 reserved MIN f"
time="2022-11-11 20:52:04" level=notice pid=879 msg="all runtimes have been poweroff."
time="2022-11-11 20:52:15" level=info pid=879 msg="power open power_version = 0x73"
time="2022-11-11 20:52:17" level=notice pid=879 msg="power type version: 0x0073"
time="2022-11-11 20:52:18" level=notice pid=879 msg="Power init:"
time="2022-11-11 20:52:18" level=notice pid=879 msg="current_voltage_raw = 0"
time="2022-11-11 20:52:18" level=notice pid=879 msg="working_voltage_raw = 1440"
time="2022-11-11 20:52:18" level=notice pid=879 msg="check_asic_voltage_enable = 1"
time="2022-11-11 20:52:18" level=notice pid=879 msg="check_asic_voltage_raw = 1600"
time="2022-11-11 20:52:18" level=notice pid=879 msg="set_voltage to 1600."
time="2022-11-11 20:52:18" level=notice pid=879 msg="N before calibration 96, N after calibration -1"
time="2022-11-11 20:52:23" level=notice pid=879 msg="power voltage qualified! centi_voltage 1600 min_fb_vol 13.691133 qualified_vol 12.000000"
time="2022-11-11 20:52:28" level=notice pid=879 msg="send_work_0 on pid 947"
time="2022-11-11 20:52:28" level=notice pid=879 msg="scanhash_0 on pid 946"
time="2022-11-11 20:52:28" level=notice pid=879 msg="get_respon_0 on pid 945"
time="2022-11-11 20:52:34" level=notice pid=879 msg="send_work_1 on pid 956"
time="2022-11-11 20:52:34" level=notice pid=879 msg="scanhash_1 on pid 955"
time="2022-11-11 20:52:34" level=notice pid=879 msg="get_respon_1 on pid 954"
time="2022-11-11 20:52:39" level=notice pid=879 msg="send_work_2 on pid 964"
time="2022-11-11 20:52:39" level=notice pid=879 msg="scanhash_2 on pid 963"
time="2022-11-11 20:52:39" level=notice pid=879 msg="get_respon_2 on pid 962"
time="2022-11-11 20:52:40" level=notice pid=879 msg=setup_all_chip_ltc
time="2022-11-11 20:52:40" level=notice pid=879 msg=setup_all_chip_ltc
time="2022-11-11 20:52:41" level=notice pid=879 msg=setup_all_chip_ltc
time="2022-11-11 20:52:43" level=notice pid=879 chain=0 msg="ChipSetting_get_addr_LTC detect 60 chips"
time="2022-11-11 20:52:43" level=error pid=879 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:43" level=notice pid=879 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:52:43" level=error pid=879 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:44" level=notice pid=879 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:52:44" level=error pid=879 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:53" level=notice pid=879 chain=0 msg="ChipSetting_get_addr_LTC detect 60 chips"
time="2022-11-11 20:52:53" level=error pid=879 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:53" level=notice pid=879 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:52:53" level=error pid=879 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:53" level=notice pid=879 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:52:53" level=error pid=879 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:52:59" level=notice pid=879 chain=0 msg="ChipSetting_get_addr_LTC detect 54 chips"
time="2022-11-11 20:52:59" level=error pid=879 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:53:02" level=notice pid=879 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:53:02" level=error pid=879 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:53:02" level=notice pid=879 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:53:02" level=error pid=879 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:53:08" level=warn pid=879 msg="chain 0 runtime check asic number error, destroy it!"
time="2022-11-11 20:53:10" level=warn pid=879 msg="chain 1 runtime check asic number error, destroy it!"
time="2022-11-11 20:53:11" level=warn pid=879 msg="chain 2 runtime check asic number error, destroy it!"
time="2022-11-11 20:53:12" level=error pid=879 msg="there is no qualified device remain after check abnormal runtime!"
time="2022-11-11 20:53:31" level=error pid=1055 msg="invalid URL -- ''"
time="2022-11-11 20:53:31" level=info pid=1055 msg="release version"
time="2022-11-11 20:53:31" level=info pid=1055 msg="asic mode"
time="2022-11-11 20:53:31" level=notice pid=1055 msg="algo ltc fan_control_mode 2"
time="2022-11-11 20:53:31" level=notice pid=1055 msg=platform_init
time="2022-11-11 20:53:31" level=info pid=1055 msg="mmap fpga_mem_addr_hal = 0xb5db6000
"
time="2022-11-11 20:53:31" level=info pid=1055 msg="HARDWARE_VERSION = 0x2000b051
"
time="2022-11-11 20:53:31" level=notice pid=1055 msg="chain_offset 0, chain 0"
time="2022-11-11 20:53:32" level=notice pid=1055 msg="chain_offset 0, chain 0, pic firmware verion = 0xfe"
time="2022-11-11 20:53:32" level=notice pid=1055 msg="chain_offset 1, chain 1"
time="2022-11-11 20:53:32" level=notice pid=1055 msg="chain_offset 1, chain 1, pic firmware verion = 0xfe"
time="2022-11-11 20:53:32" level=notice pid=1055 msg="chain_offset 2, chain 2"
time="2022-11-11 20:53:33" level=notice pid=1055 msg="chain_offset 2, chain 2, pic firmware verion = 0xfe"
time="2022-11-11 20:53:33" level=notice pid=1055 msg="reset fpga"
time="2022-11-11 20:53:33" level=notice pid=1055 msg="Begain check_fan_valiad"
time="2022-11-11 20:53:34" level=notice pid=1055 msg="check_fan_valiad, check_fan_speed ok, fan_num = 4"
time="2022-11-11 20:53:34" level=notice pid=1055 msg="Miner compile time: Tue Apr 12 17:55:17 CST 2022 type: Antminer L7"
time="2022-11-11 20:53:34" level=info pid=1055 msg="godminer Version = 0xB051 1.0.0_release_dirty_master_4c4db04fc8fb8ce1a21da1db2301f261664943c2_Apr 12 2022 18:08:37"
time="2022-11-11 20:53:34" level=notice pid=1055 msg="miner thread with 3 backend runtime created pid 1055"
time="2022-11-11 20:53:34" level=notice pid=1055 msg="opt_algo 6, ltc"
time="2022-11-11 20:53:39" level=notice pid=1055 msg="MAX voltage: 1440"
time="2022-11-11 20:53:39" level=notice pid=1055 msg="MIN freq: 1775"
time="2022-11-11 20:53:39" level=notice pid=1055 msg="Chain [0] ft F1V11B1C2 reserved MIN f"
time="2022-11-11 20:53:40" level=notice pid=1055 msg="all runtimes have been poweroff."
time="2022-11-11 20:53:51" level=info pid=1055 msg="power open power_version = 0x73"
time="2022-11-11 20:53:53" level=notice pid=1055 msg="power type version: 0x0073"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="Power init:"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="current_voltage_raw = 0"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="working_voltage_raw = 1440"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="check_asic_voltage_enable = 1"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="check_asic_voltage_raw = 1600"
time="2022-11-11 20:53:55" level=notice pid=1055 msg="set_voltage to 1600."
time="2022-11-11 20:53:55" level=notice pid=1055 msg="N before calibration 96, N after calibration -1"
time="2022-11-11 20:54:00" level=notice pid=1055 msg="power voltage qualified! centi_voltage 1600 min_fb_vol 14.303437 qualified_vol 12.000000"
time="2022-11-11 20:54:05" level=notice pid=1055 msg="send_work_0 on pid 1396"
time="2022-11-11 20:54:05" level=notice pid=1055 msg="scanhash_0 on pid 1395"
time="2022-11-11 20:54:05" level=notice pid=1055 msg="get_respon_0 on pid 1394"
time="2022-11-11 20:54:10" level=notice pid=1055 msg="send_work_1 on pid 1453"
time="2022-11-11 20:54:10" level=notice pid=1055 msg="scanhash_1 on pid 1452"
time="2022-11-11 20:54:10" level=notice pid=1055 msg="get_respon_1 on pid 1451"
time="2022-11-11 20:54:15" level=notice pid=1055 msg="send_work_2 on pid 1475"
time="2022-11-11 20:54:15" level=notice pid=1055 msg="scanhash_2 on pid 1474"
time="2022-11-11 20:54:15" level=notice pid=1055 msg="get_respon_2 on pid 1473"
time="2022-11-11 20:54:17" level=notice pid=1055 msg=setup_all_chip_ltc
time="2022-11-11 20:54:17" level=notice pid=1055 chain=0 msg="ChipSetting_get_addr_LTC detect 51 chips"
time="2022-11-11 20:54:17" level=error pid=1055 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:17" level=notice pid=1055 msg=setup_all_chip_ltc
time="2022-11-11 20:54:17" level=notice pid=1055 msg=setup_all_chip_ltc
time="2022-11-11 20:54:20" level=notice pid=1055 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:20" level=error pid=1055 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:20" level=notice pid=1055 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:20" level=error pid=1055 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:25" level=notice pid=1055 chain=0 msg="ChipSetting_get_addr_LTC detect 60 chips"
time="2022-11-11 20:54:25" level=error pid=1055 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:29" level=notice pid=1055 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:29" level=error pid=1055 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:29" level=notice pid=1055 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:29" level=error pid=1055 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:35" level=notice pid=1055 chain=0 msg="ChipSetting_get_addr_LTC detect 52 chips"
time="2022-11-11 20:54:35" level=error pid=1055 chain=0 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:38" level=notice pid=1055 chain=1 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:38" level=error pid=1055 chain=1 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:38" level=notice pid=1055 chain=2 msg="ChipSetting_get_addr_LTC detect 0 chips"
time="2022-11-11 20:54:38" level=error pid=1055 chain=2 error="asic num error" msg="detected asic num less than design"
time="2022-11-11 20:54:45" level=warn pid=1055 msg="chain 0 runtime check asic number error, destroy it!"
time="2022-11-11 20:54:46" level=warn pid=1055 msg="chain 1 runtime check asic number error, destroy it!"
time="2022-11-11 20:54:47" level=warn pid=1055 msg="chain 2 runtime check asic number error, destroy it!"
time="2022-11-11 20:54:49" level=error pid=1055 msg="there is no qualified device remain after check abnormal runtime!"
time="2022-11-11 20:54:56" level=error pid=1728 msg="invalid URL -- ''"
time="2022-11-11 20:54:56" level=info pid=1728 msg="release version"
time="2022-11-11 20:54:56" level=info pid=1728 msg="asic mode"
time="2022-11-11 20:54:56" level=notice pid=1728 msg="algo ltc fan_control_mode 2"
time="2022-11-11 20:54:56" level=notice pid=1728 msg=platform_init
time="2022-11-11 20:54:56" level=info pid=1728 msg="mmap fpga_mem_addr_hal = 0xb5d7e000
"
time="2022-11-11 20:54:56" level=info pid=1728 msg="HARDWARE_VERSION = 0x2000b051
"
time="2022-11-11 20:54:56" level=notice pid=1728 msg="chain_offset 0, chain 0"
time="2022-11-11 20:54:57" level=notice pid=1728 msg="chain_offset 0, chain 0, pic firmware verion = 0xfe"
time="2022-11-11 20:54:57" level=notice pid=1728 msg="chain_offset 1, chain 1" put it in code you may have a bad mining address. I will give you a known good address to do a test mine. (it is my address I would make 4 or 5 cents) see if it works. stratum+tcp://ltc.viabtc.com:3333 nickstevepnew.L7test x do it in all 3 spots. pool 1 pool 2 pool 3 let me know if you did it. I will look for it to show up the clue to the issue is 'invalid url'I want to see If it goes away with a known good address hoping that is your issue and not that your boards are bad. because if the invalid url goes away and it still says it can not find all asic chips it is not the pool address causing the problem. |
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1 th pays 6.1 cents
or a s19 xp 141 earns $8.60 a day and burns 75 kwatts along with needing more fan cooling.
Phil, I've added two merits because I realized that just after a few hours this was way off when the price slumped and if it doesn't recover more, back to the drawing board. Pace was 104% two days ago, we are not getting close to 100%, seems like the price drop has finally started affecting difficulty, hopefully we get a small drop this epoch and a largee one on the next if BTC price stays below 18k.
We had 124 blocks in the last 24h according to blockchair as I type, so a serious drop but I wonder if it's not just something from the previous spike, Nov 8th managed to get an average of 8.8 minutes per block, as I don't think that miners would be that responsive in such short interval. But I do hope for a serious drop in two weeks' time, things can't go on like this. Can't!  I protest! As for the previous 2018 comparison, I'm not really familiar on how things were going back then but if hashrate, cost pe th / profit and so on might keep the proportion, I'm not sure about how entrenched a lot of the hashrate is, and by this, I mean companies that do mine at a loss because they are either not losing their money or they are simply losing money paid in advance so their current operations are still in profit.I think we have a higher proportion of these in the hashrate, and unlike previously the ones that have cheap energy won't be able to oust them. Anyhow, I've learned the hard way that history has a habit of not repeating itself exactly when you need it more, so, full polar/kodiak/panda/koala bear mode right now. So lets look at the diff today https://www.bitrawr.com/difficulty-estimator... Latest Block: 762712 (2 minutes ago) Current Pace: 100.2770% (665 / 663.16 expected, 1.84 ahead)
Previous Difficulty: 36835682546787.98
Current Difficulty: 36762198818467.21
Next Difficulty: between 36820975577441 and 36869027611401Next Difficulty Change: between +0.1599% and +0.2906% Previous Retarget: last Sunday at 7:31 PM (-0.1995%) Next Retarget (earliest): November 20, 2022 at 6:36 PM (in 9d 8h 32m 40s) Next Retarget (latest): November 20, 2022 at 7:01 PM (in 9d 8h 57m 41s) Projected Epoch Length: between 13d 23h 4m 18s and 13d 23h 29m 19s we backed off from plus 11.84 to plus 1.84 blocks https://www.bitrawr.com/difficulty-estimatorLatest Block: 762426 (11 minutes ago) Current Pace: 103.1530% (379 / 367.42 expected, 11.58 ahead) Previous Difficulty: 36835682546787.98 Current Difficulty: 36762198818467.21 Next Difficulty: between 37152048715346 and 37930612643037 Next Difficulty Change: between +1.0605% and +3.1783% Previous Retarget: last Sunday at 7:31 PM (-0.1995%) Next Retarget (earliest): November 20, 2022 at 9:15 AM (in 11d 0h 29m 37s) Next Retarget (latest): November 20, 2022 at 4:01 PM (in 11d 7h 15m 55s) Projected Epoch Length: between 13d 13h 43m 46s and 13d 20h 30m 5s so the crash has dropped us from 103% to 100.2% we are drifting lower in price under 17k and earnings are 5.89 cents on viabtc so $8.30 a day with a 141 s19 xp 8.25 power cost 11 cents 7.50 power cost 10 cents 6.75 power cost 9 cents 6.00 power cost 8 cents so the s19 xp is not underwater at 8 cents I think more pain may be on its way.
do you want to see something really really fucked up. 2 L3+ can do 1500 watts and 1gh 1gh earns 0.0132 ltc and 26.4 doge. a day and burns 36kwatts that is about 79 cents in ltc and 2.37 in doge or 3.16 usd. so buy 4 L3+ for about 1000 usd you get 6.32 usd and burn 3000 watts or buy a s19 direct from bitmain https://shop.bitmain.com/product/detail?pid=000202208221156311546vFPf4kv06AA95th for $3250 plus trump tax close to 5k for a USA buyer earns $5.60 usd and burns 3250 watts that is fucked up. we are taking a beating here and look at the diff https://www.bitrawr.com/difficulty-estimatorLatest Block: 762897 (5 minutes ago) Current Pace: 104.4080% (850 / 814.11 expected, 35.89 ahead)
Previous Difficulty: 36835682546787.98
Current Difficulty: 36762198818467.21
Next Difficulty: between 37827669997883 and 38386914119935
Next Difficulty Change: between +2.8983% and +4.4195%Previous Retarget: last Sunday at 7:31 PM (-0.1995%) Next Retarget (earliest): November 20, 2022 at 5:20 AM (in 7d 18h 7m 43s) Next Retarget (latest): November 20, 2022 at 10:05 AM (in 7d 22h 52m 26s) Projected Epoch Length: between 13d 9h 48m 52s and 13d 14h 33m 35s that is fucking amazingly bad info. |
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nice guy. So between SBF and Mr VB all of crypto got a solid ball punch. |
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If you look at kucoin
they have
344 million in btc
but 2.2 billion in
usdt
usdc
kcs
eth
all of which are pos junk with zero backing.
so yeah we could do full crash under 8k
although my gut says 13-14.
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90-10
I need at least 10% on coinbase.
The other 90% can be on my wallets.
Yeah a warning would be a decent suggestion.
But fuck stable coins also works.
Or do nothing.
Which works for those that keep most of their coins in their own personal wallets.
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So the original thought I had was knocked out by your response that does make sense . I knew the long shadow part would work. which then made me switch to second part of idea. midnight sun casts very long shadows for 90 days from 9pm to 3am. Sun is close to horizon for 6 hours of the 24 hour daylight. So shading Greenland cap, arctic and antarctic for six hours out of 24 hours for 90 days seems cheap and easy. Shading equator is a no go due to 90 degree angle casting small shadow. Next part of question becomes. If sun is 10 degrees about horizon and I have a 50 by 50 foot curtain How big is the shadow? Far larger than 50 by 50 for sure. Finally part of question is the sun at what angle during those 6 hours of the midnight sun time. Seems to me not that hard to shade the fuck out of those ice sheets if we want to for 90 days a year during the summer in these cases. Am I wrong that https://www.amazon.com/Be-Cool-Solutions-Outdoor-Canopy/dp/B079KJHZZZ/ref=sr_1_1_sspa?setting rows of these up could shade huge sections of ice during the summer months? So this is a cheap fix can shade huge sections of ice for what millions of dollars? say a billion dollars and you shade 10 percent of greenland's ice cap. Lots of nice info on why shading the pacific at the equator will not work. But the second part of shading the icecaps and Greenland, for 6 of 24 hours during the summers seems more possible. We have all seen the long shadows in the morning and the evening correct? and the angle would be much different. So I need to find angle of the sun during midnight suntime? To see if it magnifies the shadows cast by the white shade cloth I linked here. https://www.amazon.com/Be-Cool-Solutions-Outdoor-Canopy/dp/B079KJHZZZ/ref=sr_1_1_sspa?if a 20 foot high cloth wall casts a 200 foot shadow and costs 10000 usd to make a mile long 26 of those walls make 1 square mile $250,000 104 make 4 square miles about 1 million bucks 4000 square miles about 1 billion bucks 400000 square miles about 100 billion bucks and ˝ the size of Greenland gets 6 or more hours of shade during the midnight sun. |
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The real issue perfectly illustrated here.
I got this email today. From KuCoin
"Dear KuCoin Users,
As the People’s Exchange, the safety and security of users’ funds are our top priority. As part of our dedication to transparency and to strengthen trust in the industry, we are taking the following actions:
1) As we have announced before, we are working on the Merkle-tree proof-of-reserves. The third-party auditor Armanino LLP , a leading audit firm requires about one month to complete the audit and we will publish the proof in early December.
2) We are immediately sharing details of our hot and cold wallet addresses. From day 1 of building KuCoin, we have been transparent to our users, and we are committed to continue with full transparency.
Here, see an overview of our hot and cold wallet addresses and their current holdings:
BTC ( 20,504 BTC)
ETH ( 180, 299 ETH)
USDT ( 1,075,909,241 USDT)
USDC ( 365,722,839 USDC)
KCS (69,601,075 KCS)
The snapshot was taken on 11/11/2022 at 7:00 UTC and does not represent all our holdings. Only major tokens on BTC, ETH, TRX , KCC, ALGO, ABR, OPT ,EOS are included. The full report of our audit will give even greater detail. In addition, we are staking 29,696 ETH as the Ethereum PoS node, and each node has 32 ETH on the address. Due to the excessive number of node addresses, we will not disclose them one by one here.
For more details, please check the overview of KuCoin's wallet addresses or the data from nansen portfolio."
Lets do some quick math
the real coin = BTC and 20,504 x 16,800 = 344,467,200.
so 344 million correct
but USDT = 1.075 billion
and USDC = 365 million
this is pretty much on all the exchanges "stable coins" it this case 4x that of BTC value.
My apologies for the other coins ETH, KCS
they are show as part of the quote but still yet another attack vector against btc
180,000 x 1247= 224,460,000 eth
69,601,075 x 7.73 = 538,016,309 kcs
so btc 344 mill
usdt+usdc+eth+kcs = 2.202 billion in "fake" coins at worst
or to be nice just "kcs" = fake well that is 538 million kcs vs 334 million btc.
all of the above means very fucked up.
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Locked and loaded ready for 15.9 then 14.9k with luck 13.9k
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1 th pays 6.1 cents
or a s19 xp 141 earns $8.60 a day and burns 75 kwatts along with needing more fan cooling.
Phil, I've added two merits because I realized that just after a few hours this was way off when the price slumped and if it doesn't recover more, back to the drawing board. Pace was 104% two days ago, we are not getting close to 100%, seems like the price drop has finally started affecting difficulty, hopefully we get a small drop this epoch and a largee one on the next if BTC price stays below 18k.
We had 124 blocks in the last 24h according to blockchair as I type, so a serious drop but I wonder if it's not just something from the previous spike, Nov 8th managed to get an average of 8.8 minutes per block, as I don't think that miners would be that responsive in such short interval. But I do hope for a serious drop in two weeks' time, things can't go on like this. Can't! I protest! As for the previous 2018 comparison, I'm not really familiar on how things were going back then but if hashrate, cost pe th / profit and so on might keep the proportion, I'm not sure about how entrenched a lot of the hashrate is, and by this, I mean companies that do mine at a loss because they are either not losing their money or they are simply losing money paid in advance so their current operations are still in profit.I think we have a higher proportion of these in the hashrate, and unlike previously the ones that have cheap energy won't be able to oust them. Anyhow, I've learned the hard way that history has a habit of not repeating itself exactly when you need it more, so, full polar/kodiak/panda/koala bear mode right now. So lets look at the diff today https://www.bitrawr.com/difficulty-estimator... Latest Block: 762712 (2 minutes ago) Current Pace: 100.2770% (665 / 663.16 expected, 1.84 ahead)
Previous Difficulty: 36835682546787.98
Current Difficulty: 36762198818467.21
Next Difficulty: between 36820975577441 and 36869027611401Next Difficulty Change: between +0.1599% and +0.2906% Previous Retarget: last Sunday at 7:31 PM (-0.1995%) Next Retarget (earliest): November 20, 2022 at 6:36 PM (in 9d 8h 32m 40s) Next Retarget (latest): November 20, 2022 at 7:01 PM (in 9d 8h 57m 41s) Projected Epoch Length: between 13d 23h 4m 18s and 13d 23h 29m 19s we backed off from plus 11.84 to plus 1.84 blocks https://www.bitrawr.com/difficulty-estimatorLatest Block: 762426 (11 minutes ago) Current Pace: 103.1530% (379 / 367.42 expected, 11.58 ahead) Previous Difficulty: 36835682546787.98 Current Difficulty: 36762198818467.21 Next Difficulty: between 37152048715346 and 37930612643037 Next Difficulty Change: between +1.0605% and +3.1783% Previous Retarget: last Sunday at 7:31 PM (-0.1995%) Next Retarget (earliest): November 20, 2022 at 9:15 AM (in 11d 0h 29m 37s) Next Retarget (latest): November 20, 2022 at 4:01 PM (in 11d 7h 15m 55s) Projected Epoch Length: between 13d 13h 43m 46s and 13d 20h 30m 5s so the crash has dropped us from 103% to 100.2% we are drifting lower in price under 17k and earnings are 5.89 cents on viabtc so $8.30 a day with a 141 s19 xp 8.25 power cost 11 cents 7.50 power cost 10 cents 6.75 power cost 9 cents 6.00 power cost 8 cents so the s19 xp is not underwater at 8 cents I think more pain may be on its way. |
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Hey, it would appear that I just turned "Legendary" today. Perhaps the slowest ever to achieve this revered status? (just under 9.5 years). Bullish I'll be slower than you :p You are 11 closer |
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Isn't a fork some sort of "inflation" as well?
Technically no. Imagine you want to purchase something from a vendor that accepts bitcoin payments. You have no way of paying them using bsv simply because bsv is not bitcoin, ergo creating the copy did not cause inflation. They are just cheap useless ripoffs. Technically, it's not affecting Bitcoin because it's a different coin. So indeed, the bold part is important, leading us to: That's why a Shitfork can't be scarce in my opinion. It's just a copy from the original. Only the Original can be scarce.
I don't seem to see the logic. In this case, being a copy or original doesn't have anything to do with scarcity. A copy could be as scarce as the original as the case of BCH and BSV shows. They all have 21 million in total supply. Please note that I'm just referring to the supply here, not their respective demand. You are right that such fork coins are from a numeric perspective scarce, only 21M BCH, only 21M BSV, so technically scarce. But all of them pretend to be BTC and there are several ones pretending that. It's up to the people to decide which one is real Bitcoin and people have decided to go for BTC - currently all Bitcoin Shitforks are below 1% of Bitcoin's market cap. = The Shitfork "inflation", as forks are done from time to time, doesn't affect Bitcoin. But this so because these coins we call copies aren't really literal copies. They're not literally counterfeit. They're different coins, as you've pointed out, hence BCH and BSV and not anymore BTC.
Yes, BCH and BSV are different coins but Faketoshi launched it as forged copy. So, strictly speaking, they aren't inflation. We could have a million forks of BTC which are as scarce as BTC but they're not BTC anymore.
The problem is when they wrongly pretend to be BTC. But luckily, people will reject such Fork-Altcoins as cheap Shitcoins.
Dudes and dudettes.
Not one word about Pow vs pos.
shameful.
all pos = piece of shit.
I'm not a friend of PoS as well and I agree that PoS has many flaws. But we haven't discussed PoS here so far because my topic is just about marketcap and inflation (where Polkadot, a PoS coins, is also showing weakness). Discussing dangers of PoS might be interesting, too.
819k USD by 2052 seems easy-peasy.
Well, if 819k USD will only buy you a hand sanitizer in 2052 and 1 BTC will be 819k USD, too, then it would be an issue.  Well inflation from 2022 to 2052 in the USA if it is 5% a 1 dollar bottle of hand sanitizer will become $4.32 So Ath of 69 k would need be $298k So to me 819k would work nicely if we get there. |
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Another dip on the way? touching 16.9 https://aggr.trade/almost 16.8 fuck I will need to stay up and grab a few pieces |
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