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I measured this before with a current probe. Basically it uses like 50 Watts with the RX 470.
Doesn't matter whether you dual mine or not. The 50 Watts is mostly powering the memory.
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I've been around since 2013, and in my opinion mining profits are CRAZY HIGH at the moment.
About a year ago, you could pull in ~$1 per day with an RX 470. And now you are pulling in about triple that amount.
These types of profitability are unheard of and won't last long term.
Back in Dec 2014, an R9 280X (which was equivalent to a 1070 today) was making like $0.25/day. That's what I consider terrible earnings.
Still profit though, I’d honestly probably keep my cards cranking even if they were earning $0.01/day as long as I have the power overhead for them. 350 what nah bro , i had a farm of 280x cards 1600 watta from the wall for six cards mining scrypt closer to 280 watts per card lol, but yeah it was bad lol You must of had some Platinum type PSUs or did some undervolt. But I remember because I had a 750W PSU and it only powered 2 of them. When measured at the wall, it was 700 Watts for 2 GPUs. Here is a video on Youtube of another fellow with the same results. https://www.youtube.com/watch?v=DUvUmo8dBmU |
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I knew a bunch of people that basically quit work in 2009 or basically stopped looking for employment in 2009 because they made "killer" profits trading the stock market.
For those of you who don't recall. There was a stock market crash in 2007-2008. In March 2009 it started to rebound and go up.
Basically half of my buddies were all looking for work. Instead of staying around and doing nothing we decided to play with the stock market.
Basically we all made alot of money because you could of bought anything back then. We were making more trading than we did at our old jobs.
However in mid 2010 it all changed, the markets started to trade sideways and pretty much most of our gains were gone and we all started looking for employment again.
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My guess is they are some old adopter of Bitcoin and they got probably 10,000 BTC in their cold storage somewhere.
On Reddit there is some Pineapple fund where some anonymous old adopter basically is donating millions of BTC to open source charities and software companies.
There is another girl who donated like $1,000,000 to Andreas. Basically she was waiting for Roger Ver to send the other half million, he never did, so she sent him the other $500,000.
And these were just donations. So someone gambling these amount is not really that much strange.
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i guess its will be dash , bitcoin cash , ripple
I do not think Bitsler will ad bitcoin cash, as long as I know Bitsler does not support any HF coin so I think the chance is very low to see bitcoin cash here. We know 2 coins that will be added already, 1 more coin which is still a secret but I like to guess it and I hope it wont be an expensive coin like dash. So maybe ripple, NEM or Stellar. Nowadays NEM price is really on high trend and this should be the chance for them to put it on their site but I still prefer to have ignis coin to be gambled away and to think that it drops under $1 then it should be considered as cheap coin so everyone can gamble and try to buy more coin. Stellar is pretty good coin too but still the progress is really slow on market NEM is a big mess right now. Basically after the hack, the dev decided to blacklist the coins. However they could of not done it fast enough and they started to deposit to some exchanges. Then they had to alert the exchanges in time. Some of those coins got halted and accounts got blacklisted. But then the hackers decided to really mess with their heads and basically were sending NEM for free to random people. Hence until this is sorted out, NEM is a currency to avoid at the moment. |
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Congrats on the design.
I am actually surprised how much work you have put into this website. And its great that you have a large bankroll that you've proved solvency.
I got a question regarding the ETH DAPP for the off-chain betting. How does this work exactly?
Does it let you bet if you are offline and don't have wifi in certain areas? Or is it just betting but without the main ETH blockchain and uses a different blockchain?
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I've been around since 2013, and in my opinion mining profits are CRAZY HIGH at the moment.
About a year ago, you could pull in ~$1 per day with an RX 470. And now you are pulling in about triple that amount.
These types of profitability are unheard of and won't last long term.
Back in Dec 2014, an R9 280X (which was equivalent to a 1070 today) was making like $0.25/day. That's what I consider terrible earnings.
Also you guys are spoiled when it comes to power consumption. Most GPUs these days use what? A little over 100 Watts or so.
Back in the Litecoin days a R9 280X used 350 Watts. Yes 350 Watts from the wall.
If you had been mining ETH in 2015 when they were $1 each, that would be $250 per card per day now. ETH was released in Aug of 2015. And back then you easily made over 1 ETH per GPU per day. I've even solo-mined it for a while because the difficulty was very low. And no. I didn't hold till today. |
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I've been around since 2013, and in my opinion mining profits are CRAZY HIGH at the moment.
About a year ago, you could pull in ~$1 per day with an RX 470. And now you are pulling in about triple that amount.
These types of profitability are unheard of and won't last long term.
Back in Dec 2014, an R9 280X (which was equivalent to a 1070 today) was making like $0.25/day. That's what I consider terrible earnings.
Also you guys are spoiled when it comes to power consumption. Most GPUs these days use what? A little over 100 Watts or so.
Back in the Litecoin days a R9 280X used 350 Watts. Yes 350 Watts from the wall.
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I've been around since 2013.
Back in 2013, a R9 280X had an MSRP of like $300
Here is how the daily profitability was more or less for the 280X.
Nov 2013: $15/day
Dec 2013: $10/day
Jan 2014: $7.50/day
Feb 2014: $5.00/day
March 2014: $2.50/day
April 2014: $1.25/day
May 2014: $0.75/day
June 2014: $0.50/day
...
...
...
Dec 2014: $0.25/day
This is NOT including electricity. Most stopped mining because electricity > profits.
Sometime in Feb 2014, there was a CRAZY mania and 280X was sold out everywhere. People were flipping them for like $400-$500.
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It would be interesting. When there is a change of algorithm?
Like I said I'm not sure by 100% - maybe I'm just spreading shit so better wait for an official announcement by the dev. EDIT: Quote from Discord: "Our upcoming roadmap for the future (Currently no ETA ) 1) We will be rebranding from PascalLite. Reason being is stated in point 2 posted below. Our new coin name will be Personalized Accounts and Secured Ledger Coin. Ticker will remain PASL. 2) Reason for rebrand is due to the source code that PASL is currently written on. Its written with PASCAL which has proven to be very unstable for any crypto/blockchain based networks. Its actually easier just to rewrite the code in a completely new language than continue with Pascal. The new language will most likely be C++ or GO. This one language will be much more stable than Pascal and hopefully won't lead to any daemon crashes or bugs and hopefully no more offline Crytopia wallets. 3) Due to the threat of upcoming Baikal Pascal ASIC. Also the potential for a future Bitmain PASCAL asic, we decided that the coin would be safer remaining an GPU only coin. Hence in the future we will change the algo most likely to Cryptonight. Your coins will remain safe, the blockchain will remain the same, all this will most likely be done by a hard-fork. This is actually very positive because it will make our coin more stable and we will no longer be known as a Pascal CLONE." Thanks for the info! No problem  However I don't know if this is 100% sure yet as it has just been published on discord for now. But I guess it's planned. This is the general idea. We might make small changes as we go along but this is more or less the jist of it. Keep in mind... to accomplish this will take hours and hours of programming... so this won't happen overnight and we will all update you of our progress. |
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One thing I've learnt is never to pay attention to these walls.
Most of the time they are pulled. And even if they aren't pulled and they fill it doesn't tell you much.
Basically tells you there was someone who bought ALOT and someone who sold ALOT. But who is correct?
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Sorry to append to such an old post, but this is relevant: On Bitcoin as a public randomness source by Joseph Bonneau, Jeremy Clark, and Steven Goldfeder - https://eprint.iacr.org/2015/1015.pdfI read just the abstract since the entire PDF is too technical to read. Basically they are saying that you can use the bitcoin hashes derived from blocks to use as a random number generator. Since the bitcoin hashes are completely random, its a secure way of forming some beacons, like in the example a lottery. Basically I don't think its really needed. When you nonce a regular SHA512 hash the results will be uniformly random. Someone even ran a benchmark to prove this. |
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Ethan, Bitcoin fees have been below 10 satoshis per byte for the past 4 days. Please lower the costs to withdraw, as even the batch withdraw fee is now 10x what it costs to do a typical Bitcoin transaction. For example, my last batch withdraw was sent with 0.000084 BTC in fees, but I was charged 0.00025 BTC, 3 times that. However, there were transactions with much lower fees that were still included in that block. I understand the need to send with a conservative fee estimate to make sure that transactions confirm but the amount you're charging is too much right now. Here is an image of the mempool over the past 4 days. The red bar is 5 satoshis per byte, and transactions lower than that are confirming right now. The one above it is 10 satoshis per byte.  I will ask him about this on Monday when he comes back online I Think one reason why most services and exchanges have these fees is because they also want to get reimburshed for the deposits and for the inputs that they will need to batch in the future. Basically an input always takes more space in a block than an output, hence if too many people send very small amounts to the site. They will need to spend alot to batch those BTC and resend as withdraws. Sure they can charge a deposit fee, but that would make many people upset. Basically what Bitfinex did with their exchane where they started charging for deposits. |
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Remember how Eth was going PoS in fall of 2017 and we were all screwed?
If ETH manages PoS before 2019 I will be shocked. They will push back the difficulty bomb again.
ETH was suppose to go POS in Summer of 2016 actually. Its the reason why I didn't buy more Fury/Nanos back in Winter of 2015. When it actually goes POS, if it goes POS, who knows? |
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Anybody got numbers mining ethereium with that R9 NANO i get 28 mh/s at 150 Watts i'm getting the same hashrate with a rx 570 at 65 watts. Would be nice to have a sweet modded bios for that r9 No you are not Your 570 most likely uses like 125 watts. The wattage in afterburner is not accurate. |
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Judging by some of the posts I am reading.
This thread that I created 6 months ago is still important and giving it a bump!
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Back in January 2014... my 280X was making $6/day.
In Febraury 2014... my 280X was making $3/day
In March $1.5
In April $0.75
In June $0.50
In January 2015 ... About $0.25/day
So if you think $3 is bad...
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One thing you forgot about is what if there is a huge mining crash and there is absolutely nothing profitable to mine because Electricity > Mining revenue.
This happened in 2014, but since there wasn't that many GPUs on the market (Only 500,000 in total) compared to now > 10-15 million GPUs. You could of easily sold the GPUs to gamers.
But right now with the 10-15 million GPUs out there. Who will buy up all these GPUs? Sure there are Gamers but PC gamers are small compared to the Xbox/PS4 community.
Hence you can't assume. I can always sell at MSRP/2
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I can extrapolate the yield drop from my 2 580s rig.
before hard fork at block 139,000 1 sia per hour
right after .5 sia per hour
now .2 sia per hour
Yield has dropped by 80% since the fork.
Now at .07 sia coin per hour, down 93% since 1/27. 2 or 3 days. That's a lot of drop. You shouldn't be dual-mining this coin anymore. Try either DCR or PASC. Just go to what-to-mine and see which is more profitable. |
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If you had a password set then there is no way you were vulnerable to the json rpc exploit.
I have been using Electrum for some time, since it is much more convenient compared to bitcoin core wallet. As you said, I set a very strong password. It should be secure enough as long as nobody get my password. Not good enough. Passwords can easily be cracked and brute-forced. Also key-logger is an issue. You need to COLD STORAGE your bitcoin if you want to be really safe. |
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