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8141  Bitcoin / Hardware / Re: The combined sidehack-novak usb stick review thread. AKA GekkoScience BM1384 on: July 16, 2015, 09:57:52 PM
I don't ship overseas like I use to, but I have shipped to valkir 3 times   NJ to Montreal and it is not cheap.

So I think 1 package to him from sidehack then valkir ships inside Canada saves money.

I am going to mine mine for a while maybe until October/November.





English is funny mine mine is correct I think?



I''m curious if you don't mind telling how big are you going with these miners? Smiley
8142  Bitcoin / Mining support / Re: corect way to put an ip on s5 on: July 16, 2015, 09:11:13 PM
I would agree on changing DNS to something else and googles 8.8.8.8 that was mentioned above does work well.

What I suggest if you had that much problems last time upload a picture to us.  If you upload a picture showing settings you will put without saving it we can look at it and hopefully save you a headache.
8143  Bitcoin / Mining speculation / Re: Any massive mines focusing their heat? on: July 16, 2015, 09:07:36 PM
Not that I'm aware of.  Small hobby miners do seem to use the heat to their advantage.

But the big boys of mining seem to be more worried about getting the heat out then reusing it.   I think it might be hard to reuse at levels they are doing.   Some are massive amounts of CFM.

So what you used it on might have a ton of wind from all that CFM pushing exhaust out.
8144  Bitcoin / Hardware / Re: The combined sidehack-novak usb stick review thread. AKA GekkoScience BM1384 on: July 16, 2015, 09:02:43 PM
Why would you need a group buy?  There's no discount on quantity, which is what group buys are used for.

I live in the USA where these are being made, and afaik the sticks will come direct from GekkoScience.

In US we should not need a group buy.  If there was a discount for quantity then yes we would have one opened up.

But I consider us lucky to be able to deal direct with GekkoScience.  I hope they keep rights to use and don't use a distributor as far as us.

Other countries if they can save on shipping or customs I'm all for group buy's.  It's nice of Sidehack to allow them to keep costs down for other countries.  Shows he cares about customers.
8145  Bitcoin / Hardware / Re: Antminer c1 Noise level ? on: July 16, 2015, 08:58:42 PM
i do recommend a better water cooler system, mine just startet to leak from the radiator, i dont know were from, but it dont seem to have a fix

You would need to try it off and possibly run without fan's  for a few seconds and try to spot the leak.  You can use papertowls or something to try to find the leak.

Once finding it you have lots of options as far as plugging it where it wont leak again.   But needless to say this is why I am not a an of Syscooling just seemed for the money spent they provided very cheap products.   

You will also notice Syscooling not even checking the board now.  I think their business is pretty much dead, which is a good thing really or miners.
8146  Bitcoin / Hardware / Re: [ANN] Sfards: SF100-the first 28nm Dual-Mode Miner gets into mass production on: July 16, 2015, 08:54:02 PM
I could not find anything to suggest they ever finished development on the L1, but maybe you have some info I am unaware of.

Just like you can not find anything about the S:Next-one, they are self mining with the L1 ......

So basically a free loan from pre-orders to get things rolling

Nice racket

Did you say racket? You ain't seen nothing yet!
What with all the disgruntled ex-employees tossing a fair amount of the brown-stuff about, its bound to get more interesting ..... just keep your eyes peeled!
Don't know if I would want to keep my eyes peeled in the middle of a sh!t show but I do think the second they cut doggie from the payroll we will have a lot more information. Something tells me Doggie knows a lot about his Bitmain partners.

Even if he does know a lot about partners he no doubt signed a NDA.  So he will not be passing on information such as partners.

I could be wrong.  But I just don't see Dogie breaking his NDA, and I'm guessing he signed one with Bitmain I do not know for a fact.
8147  Bitcoin / Hardware / Re: Cleaned Antminer S3+ thermal paste, now -------? on: July 16, 2015, 08:50:38 PM
Well I was thinking about using alcohol wipes and cleaning everything around the chip. Leaving it for a good half hour and seeing if it fixes the issue. What do you think?

I may have went overboard on not being needed.  But I am going to be redoing thermal paste on a C1.  I got some remover and purifier.

It is a little extra time and a tad more money but figure I might as well do it right.  Also was pretty cheap on amazon.
8148  Bitcoin / Mining speculation / Re: What would happen with mining profitability if the difficulty didn't change? on: July 16, 2015, 08:43:50 PM
Controlling 51% is like pointing a gun at BTC..  doubling spending would be pulling the trigger

Why would a mining pool do that to themselves....?


Also many people on the pool might bail if they attempt to take over 51%.  A pool doubling spending doesn't make any sense that's why no one fears it.

Some look for the worst case scenario.  If a pool would do a 51 percent attack it would cause BTC to plumit in price, and chances are everyone leaving their pool.

So with destroying their pools future they basically kill their business.  That's why I feel so confident that 51 percent attack will not happen.

Also I don't see a pool getting 51 percent of hash again, with Ghash when it happened the community worked together to fix it.  Big miners went to other pool to help, even industrial miners moved.   The community will work together to stop it from even being possible, we have seen this in past.
8149  Bitcoin / Mining speculation / Re: - A Mining Newbie looking for answers - on: July 16, 2015, 08:40:06 PM
You said in another thread you are from algeria which seems to be a pretty hot nation, the electric is cheap but we don't know your living conditions and how spacious your home is. These miners will make it a lot warmer and may make life pretty miserable at home, I say you probably shouldn't mine. If you really want to make coin there are other ways.

Indeed I'am from algeria , It's warm on summer , basically we have the four seasons . however I thought I should care the miners being warm when I have shitload of them like a Mining farm or something , even with one miner I should care about that ? why it dosen't cool it self down just like the PC does ? or it takes a lot much power ? :/
Well computers change how much power they're using and unless a high end gaming pc you probably aren't using over 500w often while an s4+pulls 1450w and the heat is being blown into the room constantly. 1450w is essentially a space heater being on 24/7 and it will definitely change the temp in the room.

Also most home PC are not built to be pushed like GPU farms do.  Most GPU farms used open air machines.   

Basically it was a riser allowing you to spread your cards apart and put in air made a heck of a difference on cooling.   I turned all mine into open air during my GPU day's and used extra fans to help with heat.

Sadly they don't compare to today's asics, do ROI math but most running a PC will be at a loss when trying to mine.
8150  Economy / Scam Accusations / Re: Please help track stolen coins on: July 16, 2015, 04:08:57 PM
I know the coins are gone.  This is about the fiat.
If Clot paid with a credit card and attempted a chargeback then I have to contest it.
Venmo is probably like PayPal, will allow chargeback in almost any circumstances.
I'm getting my ducks in a row for a fight with venmo.  I had over $1300 in my account one minute, the next I had zero.
What did venmo do with my money; what's more, why did they ignore my emails?
Proving that Clot received value for his money is the first step.  With paxful's help, I've shown that Clot did withdraw the btc he bought.  As for trying to track the coins any farther than the first address Clot sent them to,  no harm in trying.


I feel sorry but as everyone said do not sell bitcoins for reversible transactions.  There are just to many scammers, it's sad but true.

And on IP I would not get your hopes up.  There is a good chance they used a VPN/Proxy/TOR or other means to hide identity.  So even if you get ip (which I doubt the site will share with customer)  it still is going to be hard to find them/him/she chances are. 
8151  Other / Beginners & Help / Re: Deposit on: July 16, 2015, 04:02:49 PM

I made a deposit yesterday but was not credited to my account BTC Hours.
I sent an email to the support with Depositi information, but not yet answered.
Please what should I do?

It sounds like you are talking about some service here since "bitcoin" doesn't have "support".  What service are you talking about?

If you tell us the name of the service, you can get some help directing you to the correct forum.



It sounds like OP is using an exchange to buy BTC. I could be wrong but I'm thinking that is what he means.

What exchange did you buy from? And when did you do it?
8152  Bitcoin / Hardware / Re: GekkoScience BM1384 Project Development Discussion on: July 16, 2015, 03:52:24 PM
"Cultural differences" leads to another reason they might not want to do business with us - I don't exactly keep opinions to myself. As far as hardware goes, they're about the best manufacturer and have done a lot of good. However - I don't get the S4+, I'd really like to have seen them make good on their S2 Upgrade they had "in testing" four months ago, and the price gouging on the S5 is pretty crappy. I have a lot to say about a lot of manufacturers, but Bitmain might be upset that I publicly don't like some of the things they do, even if I publicly do like Bitmain in general. I don't really know who actually pays attention to anything I say though.

I'd like to keep working with Bitmain chips, because they're good chips. If they shift to 50-100W BGA in the future, you can count me out because that just makes everything in the design process suck, but as long as they keep the size/power trend they've been using, and continue to steadily improve performance like they've been doing, I'm in.


Investing is not a necessary evil. It's an evil people agree to when they don't really care who owns them as long as they keep getting paid. I'd prefer to be broke over being owned, so I'll have none with investors. Every depression and/or "economic downturn" America has seen in the last century has been the work of malignant investors and I refuse to have a hand in that culture of greed.

Part of what I love about your project is you are honest.  You tell us the facts and do not hide information.   For example what you did with the chips was quite amazing getting that efficiency out of the chip.   It kinda made us all wonder why did bitmain not do that.   Even when you shared the price on chips I loved how you did not hide it on price.   I was honestly surprised you could tell some of what you did with the signed NDA.   I was happy you did share so much, it made me believe in the product and testing really made me believe in it.
8153  Bitcoin / Hardware / Re: Can't Log in to S3 Antminer on: July 16, 2015, 03:42:59 PM
I have everything configured with 115200, 8,1,n,xon/xoff and the adafruit cable connected to the male connector pins which were soldered to the board.  Do I change the settings somehow? 
I am getting no echo when I paperclip jump the TX RX. 

This is something there is not the greatest documentation of on the board.  There is some but I highly suggest putting in a ticket, they might even help via remote to your pc.

Anyways put in a ticket over here or bitmain and ask for help: https://bitmain.zendesk.com/hc/en-us
8154  Economy / Scam Accusations / Re: Got scammed on Trading for Cash ( 74.19 BTC ) on: July 16, 2015, 10:06:40 AM
Any news from the police yet OP? I sure hope they are looking for him. After speaking with you I really feel bad for what happened and I hope you get that guy.

If the police don't know what bitcoin is then will never continue this case.

That's why I suggested he might consult with a lawyer.  Depending on police some will treat it as the value it had, and others will think digital nothing of value lost.

With lawyer he has decent chance of getting any video (assuming the police got any).  And he should do it soon as most security system's record X many day's (normally in weeks, if not months depending on company).

With video he can use local news/facebook, etc with a reward.  And might just catch him.  Then it would be a court case... but still would find him.

I'm not thinking OP going quiet is a good thing.
8155  Economy / Services / Re: OPEN SPOTS [BIT-X.com] Earn Bitcoins by Posting | Signature Campaign on: July 16, 2015, 09:53:34 AM
I'm not sure what any of that has to do with what I just said. Marco should make it so that he does manually check sign ups before they're allowed rather than this being a temporary thing. Pointless allowing shitposters on to just crap up the forum then remove them a week later when people report them to him. Doing this would clean up the forum immensely and make his campaign look a lot better.
Hello, Marco already give me the sign to build something to avoid auto registration and check users before adding them to
the campaign .

Bitcoin Boy.

Special thanks to Bitcoin Boy!   Great support for this campaign. 

He went above and beyond with his coding guru skills for a request I had with stat website.  Great guy!
8156  Bitcoin / Mining speculation / Re: - A Mining Newbie looking for answers - on: July 16, 2015, 09:17:11 AM
You're living with your parents.  Even if the electric costs them only $0.05 per kWh, you start plugging in miners and they're going to notice the increase in the bill.

An S3 will cost them about $12.41 a month.  An S5 will run them about $21.54 a month.  This assumes that $0.05 is what they actually pay.


Life is not that hard where I'am basically if you make 500$ per month you live without any issues, also I don't think they will mind I will even tell them before buynig it .
I guess that's cheap for the S3 miner , how much I will be making with it daily ? just approxmiate to see if I'am going to make some decent amount or not (in BTC) since it's long term

long term is a crazy word in the mining world. Make sure you have long term plan to keep your miner alive as well as enough time to upgrade things as per the instruction of the pool owner (assuming you are not going for solo mining, which is absurd with the hash power you are going to have). There are some decent options in cloud mining world. Explore them before investing in hardware...

thanks for all your answers
I know , I'am not that old so I guess I really can hold my bitcoins till 5-10 years without having any issues.
Speaking about cloud mining which I never understood and never will most likely , how the hell and why the hell someone would pay BTC to get BTC ? I just don't understand. Cloud mining is letting companies mine for you , correct ? so you give them money so you generate BTC , well why do I pay BTC to get BTC (probably less) ?  Huh im only one not getting it ?

There is no guarantee with a legit cloud mining company to make ROI.  Mining is mining there is never profit of ROI.  With right conditions you make ROI.

This summer has been low diffficulty with btc rising.  So been a really good summer for miners all around.

There are only 2 cloud mining I trust.  And... to understand cloud mining I suggest clicking your own signature Smiley.  Bit-x sells cloudming services, so you can read about it there.   
8157  Bitcoin / Mining speculation / Re: Worth investing now? on: July 16, 2015, 07:57:13 AM
Hello there! I am new to the whole bitcoin universe and I've informed myself quite a bit about the currency, what I would like to know is that is it worth investing now in a ASIC rig?

I'd like some help to choose the best ASIC rig to mine and make the best possible profits asap.

Also I'd like to know that is luck a factor with mining coins? You can generate a block or coin and make more money than usual? I'd like some explanation on that.


Thank you for your help guys!

 

Luck involves make a block faster then normal or slower then normal.  No one really understands why you have a hot or a cold streak.  Most pools force the miner to take luck or variance risk (same thing)

F2pool one of the biggest pools takes on the block making risk and pays a flat rate.  no luck risk.  they charge a 4% fee  but give some bonus coins back so I would say they charge about 2% once the bonus coins are counted.

here is a link to them

https://www.f2pool.com/

F2pool.com remains the best pick as for me.

You don't have to count the with pool luck, you get an estimated BTC/TH payout every day. Thats why it the biggest mining pool world. The payouts are 0.00945247 BTC / Thash/s at current difficulty rate. However the payout may rise or decrease when the network difficulty is changing.
 
But once miner is able to concentrate hashing power of 500+ TH, its obvious to go for the luck with available speed, with no mining pool as middleman between the miner and blocks)

I suggest trying to use anotpool and compare your results.   I've had other things to do and have not been able to do 24 hour on f2, and antpool to compare.

But antpool does PPS (same payment system as F2) at 2.5 percent - https://www.antpool.com/support.htm .  They have done a horrible job advertising this feature but you can change it to PPS from settings.   

You can also use the default PPLNS for 0 percent feels (involves luck).    I know many do not like this as it is up and down.

But you literally can flip a switch on site to go from PPS to PPLNS.  That is a pretty neat feature in my book.   
8158  Bitcoin / Mining / Re: The cost of electricity in the world on: July 16, 2015, 07:52:17 AM
I live in Venezuela and i just bought some miners! Seems like I can still make some profit as Id spend like 3 USD MAX in electricity

Are you sure your doing the math right?  3 USD a month for even 1 S3 seems to be off on math, especially if you bought "some".

What is your electricity rate?
8159  Bitcoin / Mining / Re: Explanation please.... on: July 16, 2015, 06:50:57 AM
Why don't you go to a specialist?


It is a good idea to get one.  Most will do a free quote if you tell them what you are thinking.  Have them come out and give a quote.

Some are good others are not.  Bitcoin equipment can scare some electrician's away.  I was deciding if I would do wiring for my summer area or if I would get electrician (Check your local laws/regulations some require it).   

But I called a electrician after he saw it he wanted nothing to do with it.  I wanted just to get a single 240 with plug less then 10 foot away.  Yes there was power for it, and spots to put it in at.  So parts would be one 240 breaker, one wire, one plug and not much more.   After seeing mining equipment he said he would send quote in mail.   

In mail I got a quote for over 1000 dollars for a single 240 line.  I got a good laugh needless to say he was not used.

But with that amount of power at least get a electrician to look at it.   And get a few quotes.
8160  Bitcoin / Mining / Re: Legality of Mining Bitcoins on: July 16, 2015, 06:41:13 AM
I would still get a CPA.  I just see some parts can be interpreted different, and these were just a few that jumped out in first minute or so.

For example

A–8: Yes, when a taxpayer successfully “mines” virtual currency, the fair market value of the virtual currency as of the date of receipt is includible in gross income. See Publication 525, Taxable and Nontaxable Income, for more information on taxable income.

What does successfully mine mean?  I consider sucessfully mining once I sell for USD.  I don't see it as successful when you just have BTC, as you don't know at time of sale if it's gain or loss.

Or other question

Q–6: Does a taxpayer have gain or loss upon an exchange of virtual currency for other property?

A–6: Yes. If the fair market value of property received in exchange for virtual currency exceeds the taxpayer’s adjusted basis of the virtual currency, the taxpayer has taxable gain. The taxpayer has a loss if the fair market value of the property received is less than the adjusted basis of the virtual currency. See Publication 544, Sales and Other Dispositions of Assets, for information about the tax treatment of sales and exchanges, such as whether a loss is deductible.

Notice it say's if you receive at exchange.  You do not receive the fair value until you sell.


Also go on and see in it the mention of "The character of the gain or loss generally depends on whether the virtual currency is a capital asset in the hands of the taxpayer".   If a capital asset as I consider it, I think you need to read up on capital asset taxes.

And I'm not putting you down or trying to be mean.  I'm just saying on something so new and if your dealing with a lot of money see a CPA.  Do not consult the internet for big tax questions.
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