I think the big guys just played with us all.
With all the pump and dump and now they cashing out...
Even dont bother to see a risen to stay in the market, since all is going down. Correct me if i am wrong, but since all even bitcoin is going down so much I think the are exchanging they gained coins against dollar.
its boredom. prices swing up and down but some people sell off at lower highes. Eventually the swings are too small to make a profit so people stop buying back. eventually it rolls over. We need another good crash to get the big profit swings back. Its human nature not big whales.
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Be careful with coin switching pools. Because they bounce from coin to coin so much they can go for a while without finding blocks. Especially if profitability difference of coins is small. I've noticed that some are not accurate either. They switch to most profitable but by the time you get confirmations to deposit to your wallet and then send to an exchange traders on the exchange will dump anticipating the miners.
I used to deal with in mining FTC. By the time I got coins to btc-e the price collapsed. So I left the coins there waiting for the next pump.
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Looking at time chart...
It was already pumped...
Verdict: FU another stupid pump topic when the pump is running out of steam and no other sheeps are coming in
I was an early miner on IFC and I've frozen 4 billion IFC in a cold wallet with no plans to sell until it is much much higher. I'm not going to be the guy who dumped bitcoins at .50 only to see it go to $1000 in 3 years. I'm waiting on IFC to hit. .0001
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I used heat resistant plastic sheets. 8mm. I drilled holes based on motherboard holes. Used plastic snap in standoffs. Much faster to as s em bleached cheaper than the other suggestions.
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When the cards are broken after 3 months you might have warranty.
70° should be ok.
I have about 190 Gigabyte 7950s that run at 60° in the winter overclocked and 80-90° in the summer. I've had 3 that had fans broken that I replaced with after market. They have been running any where between 7 and 15 months like that.
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I've invested over $100k in capital and over $20k in electrical costs to mining this part year. I'm about to sink another $200k in my farm and expect to double my costs again. Addicted? Naaaaaaahh!
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42 is a joke most of the low circulation coins are pump and dumps. Bitcoin is low circulation but it was because of unanticipated demand. If a coin is going to be global it need high circulation. IFC has potential but its difficult to mine. I would bet on DOGE, but that ship has left port. The next up and comer my guess would be TES (Tesla).
update Why TES? It hasn't hit an exchange yet. So there will be few miners and the difficulty is relatively low. You can gather a lot of coins. Sit on it for about 3 to 4 months and then check the exchanges. Any coins that have hit an exchange have hit the profitability sites like coinchoose so they are on the radar for many miners. Difficulty skyrockets. The coin is harder to mine and traders will pay more to obtain it.
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how often do you think i'd find a block with 20 different miners?
Assuming your 20 computers are going to CPU mine LTC I'm guessing about 200Khs for all 20. You should expect to win a block roughly every 993 days If each computer has an decent GPU in it, not a embedded ones, but not high end then I'm guessing 4000Khs for all 20 so you can expect a block every 49 days. Without knowing any of your technical specs I don't even know what to tell you.
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I'm done with new coins you too?
soon everyone will realise the same thing. Most new coins will never be worth anything. If they do not have something very innovative about them they are dead in the water. lol good luck. Anyone remember when LTC was a bastard child o a coin that was was reported to never we worth anything?
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Your over you are is common grammar mistake in UK.
Sorry, but it is no mistake and it is you who needs to correct his grammar. He said "Hey I can't really answer your questions" which is correct, he is not saying "You're" or "you" as that would not make any sense at all. In this instance he used to correct wording. I am also looking forward to fiaz answering a few of these questions put forth by crazyearner. Especially the one mentioning visiting the premises of your business. Read again... Hey I can't really answer your questions without knowing them. Your welcome to PM me. Fiaz. Looks like you forgot to log out of your alt account again.
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69 btc buy order at 211, OMG
Now gone. Next wall at 228 and 229. Now gone. Next large wall at 235. OK, I'll stop. Gonna start sending my 4b DOGE over to Cryptsy. See you in the morning.
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powered risers......yeah....most new graphics cards are plugged directly into the psu anyway no? just saying if i have enough PSU power wire length i could buy a normal riser and thats it.... anybody wanna chip in?
give it a try but most motherboards expect a power draw from the pci card. that being said its not a problem if you only have 2 or 3 cards. Its when you are stacking 4 or more cards per motherboard and then it could take months before a riser cable fries or worse your motherboard. I run 5 GPUs per board. I use 3 powered risers and 2 unpowered. Never had problems after that.
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Also you can by they direct off the Chinese website for $2700USD for a BigBit
What website? Gridseed.com? I don't see anything that matches these specs there, and certainly no option to order via the website. DigInForce http://mall.diginforce.com/goods.php?id=39
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Also you can by they direct off the Chinese website for $2700USD for a BigBit
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300K scrypt+10GHS sha256 combo , 60Watts.
Lil BiT 3Mhs+100GHS 2.7 btc 600 watts can run just btc or ltc or both 80 watts for sha-256 520 watts scrypt - controller 10 pcs Big BiT 6Mhs+200GHS 5 btc 1200 watts 160w ltc, btc only 1040W. 20pcs and controller
You made some mistakes in your description. Lil BiT 3Mhs+100GHS BTC/LTC mode - @600 watts BTC only mode - @80 watts LTC only mode - @520 watts Big BiT 6Mhs+200GHS BTC/LTC mode - @1200 watts BTC only mode - @160 watts LTC only mode - @1040 watts
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Script ASICs will not dominate as they did in the sha256 community. The ASICs being developed are already 23nm. And a few are low cost. And the performance gain from them is nominal. They only scale through electrical power performance.
The thing is that I run a 120MHs GPU farm. I ran it for a year mining bitcoins until Avalon started shipping. They were saying GPU mining was dead for a year before that. Even if Ltc gets more difficult for GPU mining for a short time as price goes up it makes it profitable again.
2014 will bring huge changes to AMD GPUs. So you will catch up quickly.
And GPU mining is not for the poor. GPU mining is a lower barrier of entry. Adding a GPU to a computer is about 200 to 600. Buying a script ASIC will cost at least 2 grand. For some one just getting in for the first time it is easy to get a GPU while buying an ASIC is a huge risk.
would you recommend someone start a gpu farm at this stage in the game? Yes. As I stated, I started mining on 2 GPUs 20 months ago when they said GPU mining was going to die in 3 months. I switched to exclusive scrypt mining 10 months ago. I do not plan to sell the farm as I plan to move it to scrypt-jane coins. LTC was a red headed stepchild back then and was considered a joke. Terracoin was considered the better coin. When BTC was getting more difficult to mine that is when LTC started taking off. I expect that scrypt-jane coins will be the next big wave.
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Script ASICs will not dominate as they did in the sha256 community. The ASICs being developed are already 23nm. And a few are low cost. And the performance gain from them is nominal. They only scale through electrical power performance.
The thing is that I run a 120MHs GPU farm. I ran it for a year mining bitcoins until Avalon started shipping. They were saying GPU mining was dead for a year before that. Even if Ltc gets more difficult for GPU mining for a short time as price goes up it makes it profitable again.
2014 will bring huge changes to AMD GPUs. So you will catch up quickly.
And GPU mining is not for the poor. GPU mining is a lower barrier of entry. Adding a GPU to a computer is about 200 to 600. Buying a script ASIC will cost at least 2 grand. For some one just getting in for the first time it is easy to get a GPU while buying an ASIC is a huge risk.
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What I find odd is their ability to achieve the density to put 5x the density of chips into a 1U server. I can't imaging the temperature problems at that density and the ability to dissipate heat. I think they will have a high failure rate.
Hey there, we have optimized our ASIC RTL design in such a way that we will be able to achieve higher performance with a very low number of chips, thus the density of chips per machine will be significantly reduced. Additionally we have optimized the power consumption extensively. The chip packaging has also been designed in such a way that thermal dissipation will be spread over a larger area, besides that we also plan to have heat sinks with sufficient fins so that a larger surface area is created so as to dissipate heat more efficiently. Fiaz. It seems that if you reduced the size of the design on a 25Mhs unit so much then what is the 5Mhs unit still a 1U unit. It seems you should be able to reduce the size of the 5MHs unit as well. Otherwise it seems a waste of space (1U). Will you provide the ability to expand the 5MHs units by adding more cards to it? Also a lot of your specifications are very linear. You are just increasing the 25Mhs unit by a multiple of 5 over the 5Mhs unit. Do you have more realistic metrics? What is your expected failure rate on the 28nm production. Leaping straight into 28nm without proving your design at 65nm seems like a huge risk and if it is not vetting I'm expecting that if you have high failure rates that it will delay shipping. What is your warranty period and will it compensate for manufacturing defects? What is the expected turnaround time for RMAing defects. As LTC difficulty rises due to the deployment of these units will you compensate buyers for the downtime due to these RMAs?
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actually dogecoin passed feathercoin some time ago. today it passed primecoin.
not talking about marketcap. talking about the pump and dump like ftc.
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To me a Dogemarket doesn't make much sense. Until it is worth more there is going to be MILLIONs exchanged. I mined for like 2 hrs and had 2k
In the first 5 weeks when Bitcoin came out, how many coins did a miner get for 2 hours of work and how much are those coins worth today? or that guy who paid for a pizza delivery with 10,000 bitcoins? i regret nothingExactly!!! and how many millions of crap coins have been mined that 6 months later the networks are dead. btc coin was the first. but remember chinacoin. that is where dogecoin is going. Its in the spotlight now but wait 6 months after the pump and dump is over.
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