No.. we re in a DC bounce. Buyers are still rushing in.
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miners! they don't care about goals, decentralization, changing the world. Could mine satancoin if it paid well.
I'm old and probably will not be around to see "the new world" All the more reason to point your power to a noble cause to make this part of your life meaningful. I am still looking for that noble cause in the world of crypto. And my life has already been meaningful, well so far, so good. @Azarl hmmmm.... Feathercoin. Are you mining it? PM me if it's a secret!
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I'm still waiting to see how far the cat bounces. There are still buyers.. If it goes to $2... I will buy a little... but look to sell again just before the next crest of $18. If it fails.... I lose just a little. Just think how boring it would be if crypto currency was stable, prices stayed around the same, there was only 2 or 3 big players in the game, and everything ran like clockwork. That's the future. That's not today. But today we make... or lose money. Rembember: only stake money you can aford to lose. This is just a format war in world of tech..... I have seen it before... Blu-ray Disc vs. HD DVD Composite video vs. S-video. CompactFlash vs. Memory Stick vs. MultiMediaCard (MMC) vs. Secure Digital card (SD) vs. SmartMedia vs. Miniature Card. DirectX vs. OpenGL vs. Glide API. Video8 vs. VHS-C and later Hi8 vs. S-VHS-C tape formats AM stereo vs. FM stereo JVC VHS vs. Sony Betamax vs. Philips Video 2000, analog videotape 8-track and four-track cartridges vs. Compact Cassette 240-line versus 405-line television 78 rpm vs. 96 rpm gramophone Direct current vs. alternating current: Round wheels vs. Square?
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miners! they don't care about goals, decentralization, changing the world. Could mine satancoin if it paid well.
I'm old and probably will not be around to see "the new world" @ImHash, it's all over the front pages, where have you been? @killerjoegreece i mine btc too, but my GPUs need work!
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Ok so i am one of the lucky ones. I moved all my eth to btc last weekend so i have not been caught up in this crash.... As a miner, I had been active on https://forum.ethereum.org but got spooked and pulled the plug. The whole forum was in a state of "group think" (those psychology classes at college sure paid off for me). Well i did end up with 119 finney (0.119 eth) exposure but i'm gona call that a loss. My gut told me it was a ponzi at the get-go but that's cool, i love a good ponzi! Good pickings for those that quit early. Not so good for those that reinvest their winnings. If you are going to have winners, you're gonna need losers, lots of them, that's life! Well someone has to stump up the capital for the winners. Anyway, ethereum mining will soon be history. I am now looking for a new coin to GPU mine. Monero is up on the traiding platforms, but acording to https://www.whattomine.com/Feathercoin looks the best to mine right now. With ethereum in 2nd place. What to mine next? ideas?
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Ok, cos in my world an accessory is an optional extra. You mean a radiator is a necessity. No not free electric. If i ca get 0.8w/gh I am happy @800Gh/s. Bitcoin is on the up again. I will be wanting a full refund from paypay. It was sold as not working, (unable to test) OK but it was advertised as an S5.
I only buy broken stuff and fix it up. I got kit for replacing components on PCBs and loads of test gear, scopes, sig gennies, decade boxes, desolder, solderstation, gas pencil, small irons (8w, 35w, 55w), big irons (100w, 400w, 600w) stock surface mount fin pitch components, bla, bla, etc etc... I get board and its more fun than jigsaws
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Yer, i will contact ebay but it all takes time. 21 days have to pass before i get a refund. Plus he will have to pay for postage cos i will not part with more money...Meantime i will get it hashing for me. $$$ Will not buy anything at all, just cobble it with old junk. Alley freezer rad and plant irigation pump. it only has to run for a month! The PSU is a Dell 750w NT50P-S1 for a server, they are good PSUs i have them running my S3+ and my underclocked S1s So... 750w PSU with 4 leads. each lead has 15A / 12v 6pinPci-e. I plan to connect two power leads (30A) to blade #1. another pair power leads (30A) to blade two. if it works it should pull around 500w with two blades Then i underclock to 200Mhz @ 0.720v with two blades hashing and check power at the wall Then power down and reconnect the PSU. I then plan to connect one power lead to blade #1 (15A), 2nd power lead to blade #2 (15A), 3rd to blade #3 (15A), 4th to blade #4 (15A), Should hash at about 800Gh/s @ 650w ?? @notlist3d you said in your post "It's hard to tell from description on what radiator actually does in terms of cooling. It likely is highest costing accessory." Is the rad an "accessory"? I can run without it if it is only an accessory! It is quite a big rad from a freezer. It will take 4 off 120mm fans and has 12mm hose barbs. It holds about 1200ml.
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It was listed on ebay as an S5 for £5 buy it now, but £45 postage. When it arrived it was a C1, I messaged the seller but no response.
I am not going to buy anything for it, but i can use old stuff and make good. My other half has just given me a pump that we used way back in the day as part of hydro growing equipment, it was for irrigating "plants" growing in a bath of rock-wool. I got an ally rad from a out of a old commercial refrigeration pack too. Will soon rig some 12v fans.
I was going to power it up using just 2 hashing boards from a 750w PSU via 4 off 6pin power cables and then try under clocking it to 200Mhz @ 0.720v = 325w for 2 hashing boards instead of 500w for 2 hashing boards at stock settings. Do i need to unplug the ribbon cables from between the control board and the hashing boards that are not in use?
Once it is under-clocked i will reboot with all 4 hashing boards connected but just one 6pin power cable per hashing board. Total ~650w So just one PSU 750w
Can i access the voltage and frequency from the static address page in the GUI or will i need to use puTTy?
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Hi all, I just bought an C1 in an auction for £50 (I was told it was an S5 ) I have 2 PSUs i can use. One is 750w, the other is 500w I also have some questions. Can i use the 750w for 3 hashing boards and 500w for the last one? Can i power up with only 2 hashing board? This unit is an unknown so it may have faults, it would be good to get it working with one board so i know the controller is ok, I could then add boards in turn. Also, i don't know if i can afford to run 1kw/h 25/7 Can these be under clocked by parting out resistors and changing settings with putty? I would like the most efficient settings not the highest hash-power please. I was going to test it on the sink drainer, with a hose from the cold tap connected to water in and the outlet running down the plughole waste. It would be good to make sure each heat exchanger does not leak before i power up too. I may keep this one if it works? If i keep it i will need to buy a pump and find a rad from somewhere, maybe a motorbike. More expense. Or maybe i can sell the controller and the boards that work. The fan will be useful. i have an underclocked S1 that has a fan blade missing and vibrates and moves around loads. I have looked through this tread and am still reading...but it is nearly 100 pages long. Any pointers from anyone? anyone?
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Please Help. I have a HP Proliant DL830 G5 server in my kitchen with Windows 7 Pro 64bit running on it. Yes I know it is designed for OS "Windows Server 2008" but all drivers loaded ok other than IPMI (probably not supported by Windows 7 ) and I consider that a security risk anyhow. It has.... 8 RAM Two Quad-Core Intel (R) Xeon (TM) Prossesors (2.5 Ghz/1333 MHz, 2x4MB L2) Embedded Graphics card ATI ES1000, 32MB video standard Three, HP AMD Radion HD 8350 1GB Graphics GPU cards fitted in pci-e riser and one AMD Radeon HD 7870 Dual-X 2GB GPU in the process of being fitted externally (I have to mod the two power supplies with a pair of 6pin pci-e power feeder cables and a molex feeder cable with a voltage regulator to get 5V from the 12V for the x1 to x16 pci-e powered riser usb3 pcb). It has 2 x 1000w PSUs I am monitoring the systems power consumption with a watt meter to try tell what it is up to. The machine uses 294w at idle with monitor on. When I run “ethminer -G” I get... “No GPU devices with sufficient memory was found. Can't GPU mine, Remove the “-G” argument” displayed. (power consumption = 294w) When I run “ethminer” I get lines of hashing ~185,000H/s = 132,000hashes (power consumption = 347w) so I guess this is my 8 cores of CPU as the mouse becomes sluggish and windows explorer takes ages to open. When I run “ethminer –opencl -device 1” I get lines of hashing ~53,000H/s = 28,000hashes (power consumption = 311w), I guess this is one of my HD 8350, 1GB Graphics GPU cards hashing? Not sure? Anyone know what figures I should expect? I understand this command turns off my embedded GPU and instructs to mine on one pci-e card? Windows explorer works without haste. I tried to run “ethminer –opencl -device 3” but also got lines of hashing ~53,000H/s = 28,000hashes (power consumption = 311w). I understand this command turns off my embedded GPU and instructs ethminer to mine on three GPU pci-e card? Then I tried to run “ethminer –opencl -device 3 –mining-threads 3” and got ~123,000H/s = 71,000hashes. (power consumption = 348w). Is this the three HD 8350 GPUs running? Not much for 3Gig. Windows explorer works without haste. Q) If it is the three GPU cards... they are less than my CPUs, No??? Can I run three GPU cards and 4 of my 8 cores as well, maybe in another instance of “ethminer”? ? Q) When I fit the AMD Radeon HD 7870 Dual-X 2GB... will the command “ethminer –opencl -device 4 –mining-threads 4” include the HD 7870 in the total hashing power? Also am I right in thinking 123,000H/s = a miserable 0.123MH/s I looked “ethminer --help” in I know I ask a lot but have gone as far as I can go on my own, Thanks in advance, Paula.
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I think Satoshi showed incredible political insight to when he wrote “A peer-to-Peer Electronic Cash System”. He points out “Completely non-reversible transactions are not really possible, since financial institutions cannot avoid mediating disputes. The cost of mediating increases transaction costs”... These “costs” create work for predominately western institutions, arguably skewing global redistribution of wealth per head of capita.
The Chinese miners will not go off line. They have a different ethos. Plus “The Party” (government) protect them. We need to remember ¾ of the worlds population are Chinese. It is very good for global redistribution of wealth per head of capita that ¾ of the distribution of the bitcoin network is Chinese based.
Some say it is wrong that they have such big mining operations but they are a collectivist society. They pool their work. Historically, agriculture was scaled up by the collective farming model in both Russia and China. Depending how you were raised is how you will interoperate this, (cultural relativism). If you were raised in the US you may see this as “Communism”. If you were raised in Israel, you may compare this to the “kibbutz”.
This “collectivist” approach gives the Chinese some security as they are all “on side” however, our western individualist approach is somewhat more vulnerable as our governments and financial institutions are "on their own sides” competing against us. Nothing to stop JPMorgan, Lloyds, etc starting their own Blockchain and in cahoots with governments, outlaw bitcoin. If you ask me.... the western (German and US) proportion of the network is more likely to go “off-line” than the Chinese proportion because of this.
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I think bitcoin is good for the porn industry becacuse of anonymity. Not only for the customer but also for the sex worker as they have families and husbands too that they may not want finding out.
I think that the main problem for the porn industry isn't the type of payment but just getting people to PAY for content. The younger generation do not like to pay for content. They are used to getting content for free from torrents and such.
It is much harder to make money in this industry today than what it was 25 yeasrs ago.
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Maybe when the big banks run crypto currency they will treat use better and make us feel more welcome
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let woman use the bitcoin .....
So nice of you to give me permission. Secret is.. we do use bitcoin, we just don't let men know about it. Also; forum users use the pronoun "he" by default in replying to posts. Kinda pushes women away. Look, if you rearly have to ask, then you don't understand.
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There is a paradigm shift afoot in the world of finance. As blockchain technology becomes integrated into our financial system bigger and bigger players will inevitably get involved. Just as bitcoin attracted large scale Chinese investment in its mining infrastructure, JPMorgan, HSBC, Lloyds, GoldmanSachs have been watching and now, they want in. Automation in the form of the “smart contract” means you can streamline your workforce and get rid of the “back office” white-collar worker. So they are very interested
Bitcoin is far from the autonomous utopia we all dreamed of, what with the squabbling over halving. I mean, Dashcoin needed to make such adjustments, voted, and it was done in a day. If a currency is to be decentralised, it still needs to maintain its own control. Control by consensus. And bitcoin doesn't have it. The bedroom I.T geeks that have spent hours in front of their computers to make bitcoin what it is today don't have the skills to take it any further. I.E, when it comes to crypto-currency, Bitcoin may not be the chosen one!
I am still hopeful as new players emerge. Max Kieiser from RT (one of the worlds most watched financial TV programs has put his weight behind “Startcoin”.... and the banks take notice. Max, (an ex-stockbroker) lead the Silver Liberation Army in 2011, with a campaign to bring down JPMorgan, “Buy silver, Crash JP Morgan”. The bank had been naked short selling silver derivatives, (selling contracts for silver they physically didn't have), Max had calculated that if every American went and bought an ounce of silver ($25) and took physical delivery of it, people would have power over the banks. The bank was so far over levered with the derivative, anyone wanting to cash-in a silver derivative would force JP to go to the market to buy silver.... and the only silver would be in the hands of the people.
Who know what coin will be the one that wins the day, or if it will indeed be one coin. One thing is for sure. Like Bitcoin, “start-up” coins are easy to mine with computers for both the BIG Banks and little individuals. They can be cheap to buy into for speculators and there is good support for early adopters (and its the early adopters that bag the cash).
Hold on, Its gona be a cracking ride!
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--Poor Cartoon--
There is a list of rules that have to be followed. That is all.
OK, you want me out, your gona have to get your hands dirty and throw me out. I am highlighting how bitcoin is not decentralised. I am willing to fight for the potential freedom of Bitcoin. I wont go quietly. To all. Come and see the violence inherent in the system
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Crap like these are the reason I'm passive-agressive
OFF TOPIC: this is not a thread about your psychopathology. Please reply on the subject "Why are some of my posts deleted?"
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