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621  Alternate cryptocurrencies / Pools (Altcoins) / Re: Mining Pool Minergate [PPS 1.5%] [PPLNS 1%] BTC-LTC-BCN-XMR-QCN-FCN-XDN-MCN on: July 31, 2015, 11:16:35 AM
I'm offering answers below in-case others can find value.

Maybe I'm going about this the wrong way and should start with basics...

1) Does MinerGate GUI 5.0.3 x64 (latest on site) work with Nvidia GTX 970?
Claude from MinerGate support confirmed support in GUI client.
2) If GTX 970 is supported through the MinerGate GUI, can someone please provide an idea of hashpower for a single card so I have a baseline to measure my system against?
3) What logs can I review to get more information about how things are working under the hood? I'm guessing that even though my menu's do nothing, the logs still exist and I should be able to find them?
The logs are available in %localappdata%\minergate\log
The log menu didn't work because no app was associated with the .log extension on my PC. This has been corrected.
4) Assuming everything is working correctly, should my hashrate from both CPU and GPU be combined in the website's dashboard?

I'm running an i7 with 6 physical cores, 12 logical cores on Windows 8.1 with 16gb ram. This system is water-cooled, and I have real-time monitoring of power usage and rarely tip 50% of the power supplies capacity. All drivers are current. Daily gaming at max settings, as well as running CCminer for over a year on this system without any issues.

I've tried running the MinerGate CLI, but have not spent enough time with it to know much more other than it appears to detect CUDA 5.2.

I've been sitting in the English chat tool on minergate.com as well if anyone wants to do some real-time assistance.

Out of curiosity, did you ever try a clean install after all or did you solve the problem?
622  Economy / Economics / Re: Martin Armstrong Discussion on: July 30, 2015, 09:39:07 PM

I haven't seen armstrong write on crypto, cheers. Not much content in it- but at least a peek into Armstrong's opinions on them.

He has been pretty clear about his negative opinion on bitcoin. On the other hand he says we're headed to electronic money fast. Not sure how he feels these don't match but I think it's partly due to the fact governments will never allow a form of currency that they don't control. He also doesn't seem to understand the point of an anonymous crypto and how powerful it could be. Maybe Anonymint can elaborate.

According to Armstrong, there's a strong possibility that bitcoin is the "Plan B" of the government (TPTB? ); which I personally, don't rule a 100% out as a probability. I don't have proof; but let's say that I keep this thought at the back of my head.
623  Alternate cryptocurrencies / Pools (Altcoins) / Re: Mining Pool Minergate [PPS 1.5%] [PPLNS 1%] BTC-LTC-BCN-XMR-QCN-FCN-XDN-MCN on: July 30, 2015, 04:41:17 PM
The way I see it, seems like a software error (probably broken drivers). The best way to do it is via a brand new windows installation, then latest nvidia/ CUDA drivers and see what happens.

Good luck on this.

That seems a bit extreme for a system that has no problems running games maxed out, or mining using ccminer.

I'm afraid there's only one way to find out. Get an old HDD and do a clean install. Both Nvidia & Ati/AMD have great issues with their drivers; in the past there used to be a specific tool to uninstall (remove registry entries as well) for the CUDA drivers. Unfortunately I can't remember its name... Sad
624  Other / Meta / Re: "THE LIST" on: July 30, 2015, 02:59:04 PM
Wow, I must admit that I do somehow feel honoured beeing the first person on your original list Grin

Checked your recent posts. 3 useful/non provocative/non insulting posts out of 3 counted. You're off the list.

Cheers.
625  Alternate cryptocurrencies / Pools (Altcoins) / Re: Mining Pool Minergate [PPS 1.5%] [PPLNS 1%] BTC-LTC-BCN-XMR-QCN-FCN-XDN-MCN on: July 30, 2015, 09:25:48 AM
The way I see it, seems like a software error (probably broken drivers). The best way to do it is via a brand new windows installation, then latest nvidia/ CUDA drivers and see what happens.

Good luck on this.
626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 29, 2015, 09:06:27 AM
After Testing the Technology for months, NASDAQ Will Use Bitcoin Blockchain

Most of you probably heard several months ago that NASDAQ planned to test Bitcoin technology within its business. It now appears the exchange will be rolling it out live in the fourth quarter, partnering with Chain.

From Bloomberg:

Nasdaq OMX Group Inc. expects to become the first major exchange operator to use the technology behind bitcoin when a project in its private-companies business goes live in the fourth quarter.

The stock market operator is partnering with infrastructure provider Chain to use blockchain to issue and transfer the shares of privately held companies. Blockchain is the ledger that drives the bitcoin digital currency.

More...http://libertyblitzkrieg.com/2015/07/27/after-testing-the-technology-nasdaq-will-use-bitcoin-blockchain/

Major stuff +1

I miss the days when news like this would pump the price $50 per day... Soon, though. This is Gentlemen.

Good morning from a 42C Greece.  Cool
627  Alternate cryptocurrencies / Pools (Altcoins) / Re: Mining Pool Minergate [PPS 1.5%] [PPLNS 1%] BTC-LTC-BCN-XMR-QCN-FCN-XDN-MCN on: July 29, 2015, 08:53:17 AM
Running a 12 core system with a 970 GTX, and trying to figure out if I've done something wrong. Windows GUI is reporting ~200H/s for CPU and ~15H/s for GPU. I'm used to running GPU only mining (was on YAAMP forever), but its been my experience that GPU should be faster than CPU. System is fully updated on latest software / patches / drivers. Everything runs as expected against YAAMP clones, and SimpleMulti, so I'm 99% sure its not my hardware.

I've also got roughly 40% bad shares, and none of the logs will open from the menu for me to try and do any of my own troubleshooting.

Might help to mention that I'm using the GUI miner, set to Smart Miner, which at this time has been on XMR for both CPU and GPU, with FCN set for merged mining.

Anyone? Opened a ticket as well, but thought I might get better / faster information from here.

thanks!

UPDATE, setting my GPU intensity (unsure how I missed that) to 2-4 dramatically improves the GPU speed, however it causes alot of GPU kernel crash and recoveries. Because of the frequency of the crashing, I got a warning that the miner has been blocked from accessing my GPU.

Looks like I'm running stable on Intensity 2, but the GPU speed doesn't appear to be stacked with the CPU when looking at the website dashboard, so I can't tell if it's actually doing anything. Still having issues with high failures, and can't use the logs in the menu. Calling it a night and will hope its better tomorrow.

Smells like a power supply issue to me. Are you sure your PSU is capable to handle the load of both a 12 core CPU AND a 980GTX, at FULL throttle? If there's not enough juice the issues you've mentioned are the most common for someone to observe. If you want to test this, just run only the GTX for a couple of hours (rise the intensity at the highest level possible) and see if it comes up with errors. Then switch to CPU mining only, without the GPU. Observe the results.

FYI: I'd go with at least 1KW PSU for such a setup if I were you...
628  Economy / Economics / Re: Martin Armstrong Discussion on: July 27, 2015, 08:45:34 PM
So who is shorting bitcoin right now ? Who's waiting for 3XX to short it?

As TPTB_need_war wrote "it needs a strong stomach" to do so. I've lost quite too many so far to try and short now (or at any price less than $3000). BUT; I know one thing for sure. No risk - no reward. Many people have the ability (and the money/BTC) to risk without caring. I don't. If you don't feel comfortable with a (possible) opportunity, don't do it. Simple as that.
629  Economy / Economics / Re: Martin Armstrong Discussion on: July 27, 2015, 05:33:29 PM
Following keenly.

Q: How would these expected events affect the economies of East African countries for example? _Kenya, Tanzania, Uganda. OR even broadly Sub Saharan African countries? They're considered frontier economies,emerging somewhat, nascent capital markets.

Dependent on FDI, remittances, paltry VC flow and foreign investors on local exchanges. Possibly more?

Under such a dramatic economic event, no one should be considered 'unaffected'. IMHO, the less an economy is exposed to the USD/EUR Banking System & Markets, the better. Africa (certain countries atm) have managed to achieve an extremely good economic infrastructure behavior, mainly because of the fact that the big companies of the West have left them alone due to:

a. their mines were depleted
b. low commodities demand

Don't get me wrong, everybody will be affected. But you will have the least problems of us all.

Just my 20c.
630  Economy / Economics / Re: Martin Armstrong Discussion on: July 27, 2015, 04:46:26 PM
I have often noted that this is nothing but a race with time. The flask has so many holes that the water is all over the place. Here comes China for a strong rebound:

Chinese shares tumble 8.5 percent in biggest one-day drop since 2007

Chinese shares slid more than 8 percent on Monday as an unprecedented government rescue plan to prop up valuations ran out of steam, throwing Beijing's efforts to stave off a deeper crash into doubt.

Major indexes suffered their largest one-day drop since 2007, shattering three weeks of relative calm in China's volatile stock markets since Beijing unleashed a barrage of support measures to arrest a slump that started in mid-June.

"The lesson from China's last equity bubble is that, once sentiment has soured, policy interventions aimed at shoring up prices have only a short-lived effect," wrote Capital Economics analysts in a research note reacting to the slide.


http://www.reuters.com/article/2015/07/27/us-markets-china-stocks-idUSKCN0Q10KE20150727
631  Economy / Speculation / Re: Gold collapsing. Bitcoin UP. on: July 24, 2015, 08:14:38 PM


Uh oh. Gold doesn't look good... The $700 scenario is approaching fast.
632  Economy / Economics / Re: Martin Armstrong Discussion on: July 24, 2015, 05:10:25 PM
China is reverting to credit stimulus after attempts to engineer a stock market boom failed horribly. The day of reckoning is delayed again

It is too late. CONFIDENCE has been broken and the Chinese are moving short. The Minsky Moment is here.

When the government bans short selling, you know CONFIDENCE is gone. The shorts will pile on using proxies.

The government made it worse by pumping up bubbles, so now being short is much more profitable than being long by any probability. The Chinese are like dogs who can smell which way the leverage blows.

LOL, I might as well stop participating, we're thinking so much alike it's getting ridiculous.  Grin
633  Economy / Economics / Re: Martin Armstrong Discussion on: July 24, 2015, 05:09:17 PM
[1] the reason I say that is because the Euro is preparing to gap down starting roughly in September or October. Or you short the Euro. I didn't run the numbers on that. I had BTC and needed to make a decision on my BTC. I don't have a brokerage account any more.

Go to stockcharts.com and run a 1 year chart on $EURUSD, then $GOLD, then $BRENT. Then go run a 1 year chart of BTC.

You see all dumped at the same time starting in August 2014.  All these assets are correlated at this time.

 Kiss

Good point. I still stand on my thesis though Smiley

In the meanwhile I stumbled upon this article from Armstrong:

China Moving Closer to Taking the Yuan International
Posted on July 24, 2015 by Martin Armstrong
Shanghai-2

China’s move to create a yuan based contract for gold was portrayed by the gold promoters cheering this as their savior, but for all the hype, the mere fact that gold will trade in yuan was neither bullish for gold nor any means of displacing the dollar. What this development does is effectively provide a way to hedge the yuan, for playing a yuan contract on the same commodity expressed in dollars is a de facto currency futures contract. You can buy in dollars and sell in yuan if you are bearish in the yuan or vice versa. As long as it is the same underlying commodity then the net difference becomes a way of just trading the currency.

http://www.armstrongeconomics.com/archives/34314
634  Economy / Economics / Re: Martin Armstrong Discussion on: July 24, 2015, 04:09:44 PM
^^Surely hope you're not targeting me Tongue

Capital exodus from China reaches $800bn as crisis deepens
China is reverting to credit stimulus after attempts to engineer a stock market boom failed horribly. The day of reckoning is delayed again

China is engineering yet another mini-boom. Credit is picking up again. The Communist Party has helpfully outlawed falling equity prices.
Economic growth will almost certainly accelerate over the next few months, giving global commodity markets a brief reprieve.
Yet the underlying picture in China is going from bad to worse. Robin Brooks at Goldman Sachs estimates that capital outflows topped $224bn in the second quarter, a level "beyond anything seen historically".

The Chinese central bank (PBOC) is being forced to run down the country's foreign reserves to defend the yuan. This intervention is becoming chronic. The volume is rising. Mr Brooks calculates that the authorities sold $48bn of bonds between March and June.
Charles Dumas at Lombard Street Research says capital outflows - when will we start calling it capital flight? - have reached $800bn over the past year. These are frighteningly large sums of money.


Interesting article:
http://www.telegraph.co.uk/finance/economics/11756858/Capital-exodus-from-China-reaches-800bn-as-crisis-deepens.html
635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2015, 08:55:39 AM
Nasdaq news? What is this pump about?

Don't worry, nothing significant. Only Poolminor's countdown. Smiley

PS: Is it stopped @ 2?  Huh
636  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 24, 2015, 08:52:17 AM
Btc=C2MF

I'll just put this here for future reference...  Grin
637  Economy / Speculation / Re: PnF TA on: July 24, 2015, 08:43:31 AM
It is pretty obvious to me that for some reasons (BTC insolvent?) OKCoin wants price down, while Finex, Stamp, Huobi up.

This is something the community should solve asap... OKCoin is a HUGE red flag IMO, we need them out. We can't stand another MtGox.


Regardless of BTC, China is on a SNAFU right now. I don't know when they will see all this splashing on their face; but I guess it will be soon. BTC forms a safe heaven for situations like this and OKcoin etc know this and most probably they have invested in (ie: already bought) this. Did you notice that we're going up btw? Smiley
638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2015, 11:41:14 PM
Well, I think I may buy this one! A (nother) movie for Bitcoin! Smiley

Bitcoin: The End of Money (as we know it)

https://vimeo.com/ondemand/bitcoin
639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: July 23, 2015, 09:26:07 PM
I'm not a trader or TA fan or something.

But what about this:



at scale (if history was to repeat) the second black circle should take us sideways until early 2016.

That should be earlier. I'm guessing start of October. Nice chart BTW. Smiley
640  Economy / Economics / Re: Martin Armstrong Discussion on: July 23, 2015, 08:39:49 PM
We have some news regarding Greece. IMF spokesman declared today that without a haircut, IMF won't be a part of the loan that Greece has asked. Maybe we will have some news until mid August about this matter.

TPTB_need_war: I REALLY am curious if you're correct on your BTC dump prediction (in sync with gold low). For the sake of argument, (and because I like to be the Devil's advocate) I'd say it would be difficult to see a new low for BTC. Here's a thought: I believe what we're now experiencing as 'capitulation' is the effect of this "dump" you're probably expecting. BTC is en route to higher levels.

Let's see who wins. Wink
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