So 7950 would be the best single card to use? Or R9 270/x? Again, under 200W.
Leaning toward the r9 270 (non x, 270x really exists for no purpose besides making sales on stupid people) If you can find th 7950 at a decent price, go for it. As its out that 7950 is king of hash, people are charging so much for the card, even used.
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I voted for testing new lows, not as optimistic as you guys :p
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I LOVED LAST RESORT. Sadly its second season was cancelled :p I also really like Chosen.
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What about tekcoin? It seems to have the most generous POS rates, with 40% per month!!!
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These threads are so useless. Everyone's just going to name the coin they have the most of.
Assuming by your signature, your profile info, you like HIRO. Very subtle indeed ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nonetheless supporter of HIRO so I would like to help out if I could!
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Is this coin meant to be cpu only?
No, where do you see that? I didn't see it here but I saw this coins using x11 and I thought I read somewhere that x11 was a cpu only algo. I think it was originally, but there is a x11 miner on darkcoins website for gpu (modded cgminer) which I use. Get 3x hash rate and 20 degrees less noise and less power consumption ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Its not cpu-only now though.
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I doubt they will release mining cards. The only reason gpu coins exist is so miners can mine with gaming hardware.
A dedicated mining card would have little resale value.
I think what they will do is throw in a ton of cores and optimize them for mining.
Thats kinda what I said.... Is it not?
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Even with electricity, it wouldn't matter. With antminers $/gh/s of 2 with the s1's (assuming antminers are $400 and hash rate is 200 gh/s) and a $/gh/s of 3 for the s2(assuming hash has 10% OC, making it 1100 gh/s and price is $3600) Really is no brainer. The only company that competes in $/gh/s is Black Arrow, but they aren't the most reliable on shipping on time.....
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With 10k, a KNC miner seems like a good option. But since its still MONTHS out, ROI is not going to be as high as calculations right now seem. I'd probably: 1. Buy some of the gridseed "antminers", which do 5.2 mh/s @140w. It might be gone, heres what I found: http://finance.yahoo.com/news/gridseed-blade-miner-available-preorder-161700851.html2. Invest in coins that you see potential. 3. Buy rigs, you could buy 7 6 r9 270 rigs. I'd probably x11 as it seems to be the "next" algo.
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Like it still does gaming, so its not an ASIC. Since certain algos use different things (for example, if x11 needed a wider bus width or scrypt was more about clock speeds or whatever) they're could be a "scrypt" optimized card with xxx shaders and xxx gbs of memory. Since it would be more primarily for mining, I'd imagine it be possible to lower TDP? Was just curious, as AMD and Nvidia im pretty sure about mining, and it just seems like another revunue stream for them. what do you think?
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What a read! Will proabbly reference this when introducing a newbie to alternative cryptocurrencies, or recognizing trends in coins, or algos. Very helpful!
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I hoped to achieve at least a ROI, but it seems that won't happen ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) It IS possible. Just mine till your close enough to break even, then resell. Many people buying antminers at normal price even used!
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Ninjatech, 112 bit, etc. All have antminers IN-HAND. Nuff said.
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Since BTC is a property and classified as "capital gains" I would imagine that you would just record the USD price at time of receiving at a "fair market price" (Technically IRS states most stable price, which would be Mt. Gox, but you know....) and then record the USD price at time of selling for something, buying something etc. And if the USD price at that time happens to be lower than when you received, it would be a capital loss, and if you made a capital gain on it, you would be taxed for the difference, which effectively makes everyday transactions a burden. DISCLAIMER: Just a guy from the internet, please consult a lawyer or someone that does taxes before doing anything!
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It doesn't depend on how you use it. Regular currency if you held, would just lose purchase power. As BTC has a hard limit of 21 mill and is of a deflationary nature, BTC prices tend to go up. I could troll you and say BTC is a property, but I digress ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I think the most correct answer IMO is a digital commodity. It can be used as a storage of wealth ( pretty volatile right now, but I imagine will stabilize as more business and people adopt), divisible by multiple units so can be used as a convenient payment system unlike gold. In other words, Bitcoin is like a digital gold or any other precious metal, allowing the user to preserve wealth but is not burdensome and heavy like BTC physical counterpart.
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Above post is correct. Disclaimer: None of this is legal advice, just go to H&R block or something regarding "schedule C CPA" and self-employment taxes.
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There are still plenty of beta funds to give out. Just post your address here.
Will post when I get home. More the merrier ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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You said none of them have had any success....
Nobody usually has success trying to sell their sig for a one off or upfront payment. What do you mean?
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Speaking about blitz, does anyone know what info the developers gathered from this "social experiment"?
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I haven't thought of that. Nvidia Maxwell running on x11 algo..... Much hash, little power xD
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