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7981  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive SpondooliesTech SP10 Setup [HD] on: January 21, 2022, 10:41:30 PM
I know this thread is probably long dead... but hoping someone here has access to the latest firmware download for the SP10.

Bricked mine, managed to restore it with recovery and boot images, but its firmware is reset all the way back to 1.3 and there are stability issues with keeping cgminer running.  Hoping someone has the 1.5 fw img somewhere it can be shared.

I gave you a merit for a proper attempt to use an old thread.

Good luck.
7982  Bitcoin / Mining speculation / Re: Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC from Intel (23 Feb 2022) on: January 21, 2022, 09:21:02 PM
Wonder if Intel is planing doing their mining chips at the new Fabs to be built in Ohio? https://www.cnet.com/tech/computing/intels-100b-ohio-megafab-could-become-worlds-largest-chip-plant/

maybe the shift of mining away from China and Russia is coming.

Could be interesting for us all.
7983  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2022, 06:13:23 AM
my $50 A DAY BUY was going to end on my birthday next week

 was keeping it for 2 months.  with the continued drop I will keep it for 3 months.

Very happy with my sale of $17000 worth of  between 61-67k.

Taxes paid and money in hand for cheap coins.  Dip tastes better at 38k than 42k

Maybe we go to 29k and I grab back all of the 17k sold between 61-67k price.

Personally, it seems to me that you should keep your $50 per day until you reach fuck you status or close to fuck you status.

#justsaying.

It's only $350 per week, and you are an old geezer who should be trying to get to retirement.





You will thank me later... or perhaps not.

Yeah may be best thing to do.
7984  Bitcoin / Mining / Re: i have 400$, i cannot buy a good miner, is cloud mining a good idea in this case on: January 21, 2022, 06:10:32 AM
mining in the cloud is complicated.

All cloud mining companies have a "we can fuck you at anytime clause"

So if BTC goes to the moon they will cancel your contract rather than pay you the btc. You will get a refund at best

and if btc crashes and burns they will cancel your contract rather than mine at a loss.

So for cloud mining deal to work you will need to hope Difficulty and BTC price move in such a way that you make a small profit.

Not a loss = the fuck you clause will be used to cancel you
Not a big gain = the fuck you clause will be used to cancel you

My suggestion is hope for a crash and buy some coins.

BTW we are down to 38900k

so buy 100 usd worth and then hold 300 in cash.
If we drop to 35 k buy 150 usd worth and hold 150 cash.
 If we drop to 30k buy 75 usd worth
If we drop to 25k buy 75 usd worth.

hodl all of the coin above for 4 years no matter what happens.

 Then thank me.

worst case is you only buy 100 worth at 38900 and it moons.

best case you get to buy all this levels you hold for 4 years and it moons.
7985  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 21, 2022, 04:57:15 AM
my $50 A DAY BUY was going to end on my birthday next week

 was keeping it for 2 months.  with the continued drop I will keep it for 3 months.

Very happy with my sale of $17000 worth of  between 61-67k.

Taxes paid and money in hand for cheap coins.  Dip tastes better at 38k than 42k

Maybe we go to 29k and I grab back all of the 17k sold between 61-67k price.
7986  Economy / Computer hardware / Re: NVIDIA GeForce RTX 3090 Founders Edition for $2690 on: January 20, 2022, 09:22:56 PM
I don't see the point, it is even not a good deal

well i agree i just got two  a4000 for 2250 they use 236 watts and do 58mh each. much better deal

but he is giving a listing which is spammy for this section it belongs in the marketplace section.
7987  Alternate cryptocurrencies / Mining (Altcoins) / Re: Altcoin Mining: you WON’T pay for that card (with assumptions) on: January 20, 2022, 09:18:12 PM
I was planning to buy more new cards for mining but then when I see some reports like this it destroys the will and now planning to sell my active cards. The good thing is I already got the ROI, bought my cards last year January and the price of cards of those days were fine not like today. Also I already made profits about 1000 dollars, so it should be fair to sell my cards half the price. The only thing that keeps me from mining today is I get almost free electricity, I would like some second opinion if I should continue mining or sell my rigs before it is too late? I know the difficulty in mining is getting worst but at the moment I am still okay and earning for about 200 or more dollars a month.

never use words like or.

sell all my cards or mine on ? is a terrible question to answer today.

instead sell ½ the rigs at a fair price.

you hedge the risk that way.

you cant be completely wrong if you sell half the rigs.

you are a winner right now.

 if you sell all the rigs and mining goes up 🆙 you feel like a loser.
if you keep all the rigs and mining crashes you feel like a loser.

if you sell ½ your rigs at a fair price you have to be 50% correct.

much better play to consider a partial sale.
7988  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: January 20, 2022, 08:51:25 PM
Quote
https://www.bitrawr.com/difficulty-estimator

...

Latest Block:   719674  (4 minutes ago)
Current Pace:   109.5234%  (1979 / 1806.92 expected, 172.08 ahead)
Previous Difficulty:   24272331996979.97                            
Current Difficulty:   24371874614345.62                            
Next Difficulty:   between 26698893272628 and 26699752260173
Next Difficulty Change:   between +9.5480% and +9.5515%
Previous Retarget:   January 8, 2022 at 2:40 AM  (+0.4101%)
Next Retarget (earliest):   Today at 9:28 PM  (in 0d 5h 37m 49s)
Next Retarget (latest):   Today at 9:28 PM  (in 0d 5h 38m 25s)
Projected Epoch Length:   between 12d 18h 47m 1s and 12d 18h 47m 36s


...


ugh 5 hours or so and damn it is almost 10%

a 10% jump is around 17eh

or  165 s19pro j at 104 = 17160th = 17.160ph
     1650 s19pro j at 104 = 171,600th = 171.60 ph
     16500  s19pro j at 104 = 1,716,000th = 1716.0ph or 1.716 eh


     165000 s19pro j at 104 = 17,160,000th = 17160ph or 17.16 eh


so 165,000 s19s came online. this is 561 megawatts of power

and it is more than 1,815,000,000 at retail price of 11k

if you think wholesale is 8k it would be 1,320,000,000 a lot of fucking cash.
7989  Bitcoin / Mining speculation / Re: Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC from Intel (23 Feb 2022) on: January 20, 2022, 08:48:12 PM
Update on the expected performance specs https://www.anandtech.com/show/17218/intels-next-gen-bitcoin-asic-called-bzm2-built-on-7nm-137-gigahashsec-at-25-w

😄 As I said earlier, that is pretty much what I expected to hear for them. 7nm lets them get REAL experience using their EUV litho processes and in theory by not shooting for 5nm makes it easier to hit those performance targets.
More to the point, of course since they already have Foundries using EUV there are no other customers (or at least very few) vying for a place in the production lines.

Good read.


and an interesting conflict in the story

in that 55 watts a th vs  18 watts a th are both listed As the power  used.

a board with 25 chips burning 2.5 watts = 62.5 watts does 3.425 th if 25 x .137 is correct.

62.5/3.425 = 18.24 watts a th.

now we all know  fans and a controller and other shit = some power.

But I can say 3 boards = 187.5 watts

maybe a six board rig pulling 375 watts + other parts say 75 watts = a 450 watt miner that does 21 th is possible

that makes it 21 or 22 watts a th which is better than all gear other than the s19xp

And if set to be a 450 watt unit it would  be a nice item.

Well if 500 watts and 20th are possible at a good price the small guy will buy it.
7990  Bitcoin / Pools / Re: [∞ YH] solo.ckpool.org 2% fee solo mining 262 blocks solved! on: January 20, 2022, 08:32:17 PM
If I give both miners the same BTC address, what happens?

I mean:
(Mineadr)
38HRDQeecdfQnCyrnLEtKJGnEsrLG3XUCt

38HRDQeecdfQnCyrnLEtKJGnEsrLG3XUCt

Without a period at the end as you said and without differentiating one from the other, can something happen?


No harm at all, the hashrate just shows as one combined amount.

Only down side is if one shuts off you will not know which one,


btcaddy.1 25th
btcaddy.2 25th

one dies you will see which one.


if both are. btcaddy 25th and btch addy 25th total shows as 50th and you do not know which shut down.
7991  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2022, 07:01:16 PM
What are you guys opinion on the best option to turn crap into gold (ETH -> BTC) ?  no kyc of course.  I havent used an exchange in a very long time.  

send me a pm
7992  Alternate cryptocurrencies / Mining (Altcoins) / Re: For those who have free electricity on: January 20, 2022, 03:08:01 PM
@FP91G you do believe that the Ethereum POS is really coming and PoW mining will end? How certain are you? If this happens it will affect other coins as well because their difficulty will surge I doubt they will remain profitable
I think that in the 2nd quarter of 2022, Ethereum mining will end, or we will have more accurate information. If the current hashrate is directed to other coins, then the profit will fall by 5-10 times. I don't know what coin can replace ethereum, because over 80% of graphics cards mine ethereum.


well my guess is sometime after sept of 2022 they will announce a decision of what to do with eth.


if it goes pos in oct of 2022 I see the largest crash and burn 🔥 of crypto-coins ever.
7993  Economy / Computer hardware / Re: NVIDIA GeForce RTX 3090 Founders Edition for $2690 on: January 20, 2022, 03:02:49 PM
card is available to buy with 1 month moneyback guarantee here :

https://ebay.us/cdV9eJ

this is spam it is not allowed in this section.


it belongs in marketplace.



https://bitcointalk.org/index.php?board=75.0

i told mods it was spam.
7994  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 20, 2022, 04:41:57 AM
Sick as a dog, my turn maybe.

get well soon.. dude!

water water water. and more water.

and get the o2 finger meter cheap.

if you drop under 90 o2 and you are elevated heart ♥️ rate like 110 find a doctor.


if you stay at 93-97 o2 and you are elevated heart 💜 rate like 110 you are still fighting it off.

check your temps. good luck
7995  Bitcoin / Hardware wallets / Re: Anyone ever try a SecuX hardware wallet. on: January 20, 2022, 04:34:32 AM
If you don't mind, maybe you can also post your honest review in bitcointalk forum, since I am always interested in topic of hardware wallets and new stuff coming out.
I'd like to second that request, as I'm not going to see it on Newegg unless it's linked to here, and there's no need to click away from the forum when the text of the review could easily be included here--and I'm also interested in your review, philipma1957.  It sounds like you've got a nice thing going with either Newegg or their sellers.  I'm actually surprised when I hear things like you receiving free tech for honest reviews.  From what I've seen in the Youtube community, I was under the general impression that "influencers" had to stick to a tight script when doing *fake* reviews.

Then again, Newegg isn't Bitcointalk isn't Youtube, but I'm still a little shocked that a manufacturer would take the chance that a reviewer like yourself might tear their product to pieces.

I've seen the SecuX before, and I was just immediately turned off by its shape.  I do realize that pleasing aesthetics is way down the list of important features for a hardware wallet to have, but since Trezor and Ledger already make solid, simple wallets that are easy to use, how is a newcomer supposed to compete in the HW wallet market?  Ans: having all the features and security that Trezor and Ledger have and producing a sexier-looking device.  The SecuX looks like a woman's powder case or a stop sign.  Blech!

I ripped into a few items. A wd nas was crap 💩 I ripped it hard.

most gear sent is good four star ⭐️  or five 🌟 .

Like the corsair rm650x. which should show soon.

I know the
rm750x is a 4-5 star psu
rm850x is a 4-5 star psu
rm1000x is a 4-5 star psu.

I ran all of them with zero fails. basically if you understand the gears limits and don’t exceed them they are good.

When the 650x comes i will hook it up to a small 2  card build and test if for a month and get back a month later.

Based on the other models It can do 400-425 watts on a kwatt meter 24/7/365 for three or more years.

that would be a 4-5 star review. I know the cables in it are the exact same as the 750,850,1000 models
just a few less of them.

You can say it is a bias but I have used 20 or more of the 750,850,1000 models so I will compare them to the 650. and the 650 will have to do as well as them other than watts.

say

400/650
480/750
575/850
700/1000

If the 650 cant do the 400 watts for months on end it would be a fail compared to the bigger models.
7996  Alternate cryptocurrencies / Mining (Altcoins) / Re: Altcoin Mining: you WON’T pay for that card (with assumptions) on: January 20, 2022, 04:19:45 AM
20 cent power is high.

you need to understand 5,6,7 cent power is solid for mining ⛏

10,15,20 = risk ,more risk, high risk


Hi Phil,
Try the UK, residential power is now over 20p (£0.20) pkwr, plenty of miners making money over here though...just don't mine what the sheep mine

We are not bear yet. When bear  is truly awake 20p a kwatt
 is always losing.

When this whole market awakened the bull in summer 2020 eth earned 2 cents a mh

when the peak hit in early spring of 2022 eth earned 20 cents a mh

we are down to 4-5 cents a mh.

if we drop to 2 cents per mh  a 3080 will earn 2 bucks and burn 5 kwatts
or 1 pound or 1.70 usd

that would mean 2-1.70 = 30 cent profit.

and if we drop to 1 cent a mh the bear  will be roaring.
hard to tell if we go to that.

earn 1 dollar burn 5 kwatts means breakeven is 20 usd cents.

but a six cent power guy earns 70 cents. that means the 3080 will sell low on ebay.



I’m not sure I agree with your entire premise. You seem to be saying that you won’t make money from GPU mining, but then only give examples proving that to be wrong and with an extremely short time frame. Then you pivot to saying that investing in crypto would give you a better return. Those are two pretty different statements. You also don’t figure in sale of the GPUs the way you are figuring in sale of the purchased currency.

I think what you mean to say is that if you purchase crypto when the price is low and sell when it’s high you’ll end up with more money then if you buy a GPU and mine during that period. I know which one looks more like gambling to me, but we are all free to have our opinions.

Og, Philip

Let me try to explain my position this way.
Assumptions that are arguable:
1)   Resale price of the card (in a declining ETH, cards are less; rising ETH, cards sell for full value)
2)   Difficulty continues to rise as it has for the last 3 months (this is the key)


With
1)   The current price of cards so high
2)   Difficulty going up 28% over 3 months (which means I make 28% less now than I did 3 months ago)
         https://www.coinwarz.com/mining/ethereum/difficulty-chart 
3)   Income taxes eat 20%+ (forgot that in the first post, and I don't include it here, only makes it worse!)
4)   High electric prices (my electric eats 20% of gross income daily, higher as time goes on)

My argument is that it is not worth it to purchase a new card and mine right now.

There are 2 scenario’s
1)   Price of ETH is stable or declining
2)   Price of ETH is rising

Scenario 1 (ETH stable or declining)

-   With difficulty reducing income by 28% over each 3 months, I will never get enough gross income to pay back the initial price of the card, at some point the income minus electric will be negative, and then it is not profitable to mine the card.
-   With the card no longer generating cash, its resale value is not going to be much. 
-   Lets say the resale value of the cards is equal to the amount not recovered from mining, you essentially break even.



Scenario 2 (ETH rising)

-   I assemble the stated rig above for $7500
-   ETH is rising, lets say 50% per year
-   Difficulty rising 28% every 3 months (if I did the calculation right, in 1 year I will make 37% of what I make now, 3 years I will pull in 6% of the first month)
Basically the questions are
a)   Do I invest $7500 in a mining rig
b)   Do I invest $7500 directly in ETH

a) Invest $7500 in a mining rig
-  A $7500 mining rig will have brought in (really) roughly $4100 by month 26  (Difficulty rising 28% every 3 months, reducing income, and ETH rising 50% per year (assumption).  At 26 months, ETH diff has risen to the point that mining is a negative return, and you stop mining).

-   So lets say you are able to sell the rig for full price of $7500.  You have $4100 in ETH, and $7500 in a mining rig, you now have $11,500.  Invest that for 1 year at 50%, and you have $17,000+ in 3 years

c)   Invest $7500 in ETH directly
-   A $7500 investment in ETH at 50% per year would return (roughly) $25,000 in 3 years (50% increase in price/year)


My Conclusions

I do not see a clear reason to invest in a new mining card right now.

If you can change some of the parameters like Philip has done
-   Lower priced card
-   Lower cost electric
You will mine with positive dollars longer.

My point is that difficulty is rising so fast that I currently don’t think it is profitable to buy new cards



Yes if difficulty rise is higher than price rise mining ⛏ sucks as simple as that.

[moderator's note: consecutive posts merged]
7997  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: January 19, 2022, 07:23:39 PM
Seems like it aggressive hashrate growth has stopped because diff estimation is now consolidated around 8.6% for at least 24h now.

We're approaching the end of the period, that's why there is no more such exponential growth, there is only a day and a half left, for it to change the current 8% to 10% you would need the last of it to be even higher to compensate for the lower average over the previous 12 days.
That aside, the current pace (24hours) is actually quite high, 174 blocks, around 22% higher than the average, it might push the adjustment to over 9 if this continuous and it's not just randomness.

From the 13th we had 5 days with block time under and ~9 mins, there is definitely more gear coming online.
We're penalty going to beat the May ATH and let's see, another 6% is enough for over 200Exa on average, another milestone and record, not one that I'm too thrilled about.


 



In the long run the 200Exa is a big deal and hopefully good as it means investment in mining.
7998  Alternate cryptocurrencies / Mining (Altcoins) / Re: i have 400$, i buy a mining cheap or a graphique card? on: January 19, 2022, 07:00:44 PM
14 x .22 = 3.08 in earnings

35 kwatts a day x 12 cents = 4.14 in power spent

net loss of 1.06 a day

 based on 12 cent power.


Now if you have a space to heat and spend $$$ on electrical power to heat it  you can write off some cost since you are spending it on the heater.
7999  Bitcoin / Mining / Re: Mining cryptos with flare gas - modular refinery for remote miners on: January 19, 2022, 06:45:08 PM
Hello Miners,

I am a graduate student at Montana State University working on a project for a company that has developed a product that refines natural gasses at wellsites for use with remote data processing centers (crypto miners, cloud processing units, etc). This product breaks down the hydrocarbon-dense natural gasses coming from the wellsite and gives the generators a fuel that is much friendlier on their internals and a cleaner emission as well. This would increase the uptime on your machines and put you in compliance with local emission regulations.

Is this product something that would interest remote miners? They would come in both a 1MW and 2MW model, but the company is open to making smaller/larger models. I would love to hear opinions and questions so we can field the best possible path forward to the company.

Thanks!

I have a person for you to contact.  He builds huts with gas gens to mine.

I will pm a link to you.
8000  Bitcoin / Mining speculation / Re: 2022 Diff thread. on: January 19, 2022, 06:38:54 PM
Quote
Latest Block:   719484  (5 minutes ago)
Current Pace:   108.6480%  (1789 / 1646.60 expected, 142.4 ahead)
Previous Difficulty:   24272331996979.97                           
Current Difficulty:   24371874614345.62                           
Next Difficulty:   between 26457891734489 and 26487003856870
Next Difficulty Change:   between +8.5591% and +8.6786%
Previous Retarget:   January 8, 2022 at 8:40 AM  (+0.4101%)
Next Retarget (earliest):   Friday at 5:56 AM  (in 1d 10h 49m 18s)
Next Retarget (latest):   Friday at 6:16 AM  (in 1d 11h 9m 39s)
Projected Epoch Length:   between 12d 21h 15m 20s and 12d 21h 35m 40s

Seems like it aggressive hashrate growth has stopped because diff estimation is now consolidated around 8.6% for at least 24h now.

And 26.4 will be the all time high number.
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