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A lot of 48's and 49's and a few 47's
Maybe we can push 47,980 off the list today.
We still have time to move to all 50's
as there are 25 days of 47+48+49. and over 105 days left to move them all out.
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We are now well past the halfway point in the current epoch. Latest Block: 700580 (6 minutes ago)
Current Pace: 102.5631% (1029 / 1003.28 expected, 25.72 ahead)
Previous Difficulty: 17615033039278.88
Current Difficulty: 18415156832118.24
Next Difficulty: between 18807809401546 and 18935090526769
Next Difficulty Change: between +2.1322% and +2.8234%
Previous Retarget: September 7, 2021 at 7:05 PM (+4.5423%)
Next Retarget (earliest): September 21, 2021 at 10:41 AM (in 6d 16h 23m 20s)
Next Retarget (latest): September 21, 2021 at 12:42 PM (in 6d 18h 24m 6s)
Projected Epoch Length: between 13d 15h 36m 11s and 13d 17h 36m 57s
BTC price: $47,035. Looks to me like it's going to be an increase, though not be large (i.s. ~2% ). Nah we go to 3-4% and price drifts to 49-51k but what do I know not much. |
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These steady 45-47 numbers are working along with gentle diff raises . I feel there is a controlled dampening of price due to lack of chips. |
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To give an idea of a 2eh investment look at nice piece by fillippone
...
This is a very nice answer to give to someone asking "is it profitable to mine at home?"
Sorry, this is a great example of "back of the envelope calculation". I have to steal it.
...
Damn I did all this cropping and forgot what to say. oh I know mine with gpus at home convert the eth to BTC My power bill was 1700 July 1 to Sept 14 in my home. But I mined 3700 worth of btc on nicehash so 2000 usd in 75 days. all in my garage. with 16 cent power . The difference for me is if mining falters I can move the gear to our main location. |
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To give an idea of a 2eh investment look at nice piece by fillippone https://bitcointalk.org/index.php?topic=5359284.msg57904934#msg57904934from above each window is 13x12 = 156 pieces so 20,000/156= 128 windows were added world wide in the last 7 days.  now that is based on 50-50 new and old gear just saying the new is 128 windows the old would also be the equivalent so 256 windows like the photo above translation big money companies are investing in infrastructure and gear = very bullish. |
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We are getting back to 47k. Current diff is very bullish. +2.49% https://www.bitrawr.com/difficulty-estimatorLatest Block: 700539 (11 minutes ago) Current Pace: 102.4905% (988 / 963.99 expected, 24.01 ahead)Previous Difficulty: 17615033039278.88 Current Difficulty: 18415156832118.24 Next Difficulty: between 18788753691860 and 18923655404394 Next Difficulty Change: between +2.0287% and +2.7613% Previous Retarget: September 7, 2021 at 8:05 PM (+4.5423%) Next Retarget (earliest): September 21, 2021 at 11:55 AM (in 6d 23h 10m 11s) Next Retarget (latest): September 21, 2021 at 2:02 PM (in 7d 1h 17m 34s) Projected Epoch Length: between 13d 15h 50m 6s and 13d 17h 57m 29s this indicates large money being put into new gear. along with relocation of older gear. Both are bullish signs. 2.5% means 4eh in gear Pretend 1/2 is new and 1/2 is old so 2eh in new gear. if it was s19j only it would be 20,000 of them or 200,000,000 million usd worth of new units along with the infrastructure to run that. about 20,000 x 3.3 = 66,000,000 kwatts of power or 66 mega watts hourly . |
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@ivomm I hope your dad recovers.
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Isn't crypto currency a way Iran could circumvent international sanctions? It doesn't seem like a very good move on their part.
Do you know what illegal means? Those miners are sucking free electricity through mining, this is like stealing from the government pocket which of cos they have every right to seize their rigs, I don't use grid for mining I only use solar panels and I'm proud of that decision you sir are correct. All power thieves in Iran need their gear to be taken and destroyed . They could also have both pinkies severed so the public would know the theft they did steal power for mining. |
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Looks like all the non LHR 3070s for us$1200-1250 in Australia are gone now. Last month there was plenty still, cant even find one now.
WELL duh. They are a legal way to print money. So they sell out. The price for them is now 1399 plus tax or in my case about 1500 vs the 1170 I paid https://www.bhphotovideo.com/c/product/1644218-REG/pny_technologies_vcnrtxa4000_pb_nvidia_rtx_a4000_graphics.htmlbelow is a 12 card case with 4 gpus. both the a4000 and the 3090 zotac are getting heat sinks in a day or 2. I am getting 6 more a4000 today. So I saved around 325 a card x 7 = 2275 my partners and I got 17 of them or 17 x 325 = 5525 saved. Basically by jumping in fast we got 5 cards for free. The problem of over priced cards will not go away anytime soon. Maybe mid 2022. I have heard early 2023 at worst So 9 to 16 months.  |
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Found a source for PNY Rtx A4000 cards We got 18 of them They do 63 mh at 120 watts. They sold out dealer had 65 yesterday and now has 0. https://m.youtube.com/watch?v=FCBKau5xK00They arrive monday. I will post results. I am getting 2 more cases for 12 cards. I will mix in these with my 3090 cards and have beastly rigs. so first one came tomorrow 6+6+5 =17 more. I am playing with clocks it is doing 50 mh at 115 watts.
that is the a4000
It is clocked to
core +10
memory +1400
watts 115
new number below
core -100
ram 1500
watts 111new settings core. -200 ram. 2100 watts 129. 57.94 Room is hot. I will add some heatsinks. But decent numbers this card is a one slot low power. commercial blower design. power is capped at 130 watts. bh has stock but bumped price up I paid under 1200 tax + shipping included. they want 1400 + tax https://www.bhphotovideo.com/c/product/1644218-REG/pny_technologies_vcnrtxa4000_pb_nvidia_rtx_a4000_graphics.html/?smos screenshot. the zotac 3090 also needs more cooling |
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I -could- understand not wanting "escrow" when trying to sell locally.
To be honest, I couldn't. Why not want an escrow to secure any deal and show that you have nothing to hide? Especially when you are a newbie and we all know what that means. For me, this is nothing but a scam attempt. Newbie account post about "selling" brand new miners somewhere in the EU, without any intension to use escrow and without any kind of pics. If it was the 1st of April, I would say that this is a big joke! I told you that its possible pay on pick up. You come, see, test miner if you want. Pay at place and pick it up. Location: Rome, Italy. This post for people who want to buy, not to post any doubts and here in Italy we guess you shouldn't write accusations against someone you don't know. I underline again that we offer to come to our office to check miners. What else? I never ask any money upfront guys I do escrow and have done escrow. To be clear I am not trying to solicit escrow services for your gear. But let us pretend you are honest. You state you have 12 units. That is about 12 x 10000 = 120,000 euros in product. You are putting yourself in danger. You are putting the buyer in danger. So basically most people will avoid buying from you. Basically I can only say to buyers and sellers please be careful. |
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Not a bad idea, I'll order one. Thanks. There used to be a leather softener. Let me look for link. Combine it with the stretcher. Of course test to see how it affects shoe color. https://www.amazon.com/FootMatters-Professional-Boot-Stretch-Spray/dp/B00NLM8EL6/ref=sr_1_1_sspa?put a little on a q-tip and apply it to the tongue of the shoe as the pants hem would cover that spot. I would spray my boots and my wife's boots and use the stretcher it would take under 10 days to be good. Well worth the money as foot blisters suck. |
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Back to the present:
well at least the diff is -1.4%. and price went back up a bit.
And now it's completely reverse, 13th is not a lucky day, difficulty entered positive territory Current Pace: 100.6234% (782 / 777.16 expected, 4.84 ahead) and the price dipped again below 45k, 44630 right now on Coinbase. At least if those would keep going like this for a while. I doubt any newbie will come to mining in the next period, electricity rates are going nuts in Europe right now, I'm on a fixed rate and under a special plan so I'm not going to see any of those changes till next year but some around me have been hit with 30 to nearly 80% increase, we might end with 25eurocents after tax for residential use. Honestly, these numbers are larger than what I thought would be, but still, they are not even close to owning half of the hashrate, I still believe the vast majority of hashrate is owned by other small companies and individuals, with many of them who have no clue about what they are doing and will be eaten by these large guys pretty soon.
I was surprised by the numbers, (still not finished that list yet) in both way, I would have expected fewer companies with around 1 exa and for those more hashrate, not such a distribution with no real major player right now, not considering plans that might not materialize. I'm really curious if we would be able to gather all the orders those have put for miners if we hit 50 exa in total. That aside I'm starting to think a more than 5-10% rise over 200 exa at this price level will be close to impossible.So does price get pushed up to correct levels? Or do we crash? bitmain has the s19j listed at $10,000 https://shop.bitmain.com/product/detail?pid=00020210913172218249A8726L7205C3to buy it for USA add 3000 import duty so 13000 100 th is about 31 usd a day with free power. 13,000/31= 420 (rounded it from 419.35 looks better) and you must be smoking it to think you should buy at this price. Now my car payment is 420 maybe it is a sign to run out and buy the gear. My problem with the pricing is we grabbed one early say sep or august 2020 for about $3000.00 tax and shipping including and it was a 110th pro. My fear to buy a 13000 machine that was lower than 3000 is realistic . BTW our power is 1/2 the coins. So our roi is 840 days. The BTC sha gear pricing has pushed me to buy a lot more gear in other algorithms. |
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Nice My partner buysolar and I have 2 much smaller solar arrays doing mining.
They produce 160kwatts peak which translates to around 27-32 kwatts average for 24/7/365. Since New Jersey locations produce about 5 or 6 hours of full power per day. You simply divide the peak number 160/5 = 32 or 160/6 = 26.7
We are hoping to get a 500kwatt peak array built in late 2021/2022 this would be around 83-100kwatts average for 24/7/365. Clean green energy that pays off in under 10 years.
We also have a hedge in that we can sell the energy to the grid rather then mine with it. So we have an effective bottom price value in case mining coins profit has a collapse.
It is nice to see some companies are going green to mine. It can be done.
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In any event, your squiggly lines deny the presence of that kind of BTC price dynamics involving a $55k to $80k deadman's zone.. even into the coming 3-4 months when you believe this challenge to a new ATH is going to fail.
<...>
**In case you don't know I am referring to: 1) stock to flow, 2) four-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects.
I agreed to this point because bitcoin has already recovered from the old point but did not break out also i don't know but wait 3-4 months like to be $80k is storng zone..  My sense of a possible deadman's zone building is a wee bit of a SOMA proclamation that attempts to recognize, appreciate and account for historical ways that BTC has behaved in regards to its previous ATHs - the breaking through portion. Maybe we could just look at: early 2013 when BTC broke past $32, it went to $263-ish, late 2013 when BTC broke past $263, it went to $1,163-ish, early 2017 when BTC broke past $1,163, it went to the mid-$2ks, late 2020 when BTC broke past $20k, it went to the upper $30ks. My question is:Why do you not say it went to 64k?There might be some other examples that are not even so much about breaking above previous ATH, but when BTC prices seem to have some high levels of being held down, then the price catches up to where it should have gone.. so the correction down to upper $20ks/lower $30ks is starting to feel like it may well have been one of those periods of overexuberant correction... just a hunch.. just a hunch.. And sure, ImThour could end up being correct, and bitcoin shirks off its old overexuberant bounce backs after going through what seemed to have been overexcuberant corrections.. perhaps? perhaps? maybe the odds of a $55k to $80k deadman zone are only 30% to 40%, but still that would be pretty high from my perspective... even 20% odds are not really bad, if you are a bitcoin pessimist (aka nocoiner, precoiner) and you have $100k that you have invested in a variety of nonbitcoin investments, and if you could appreciate what I am saying about odds of BTC UPpity performance - including the possible existence of such deadman's zone between $55k and $80k, it might do you some hedging (and even investment portfolio good) to actually put 1% to 10% (that would be anywhere between $1k to $10k out of your $100k investment portfolio) into bitcoin.. merely based on those kinds of deadman's zone probabilities and of course, we also have the existence of the other currently valid BTC price prediction models that also lead some credibility and decent probabilities to both bitcoin's investment thesis but also likely ongoing UPpity BTC price pressures - already mentioned as: 1) stock to flow, 2) four-year fractal and 3) exponential s-curve adoption based on Metcalfe principles and networking effects.... and again justifying the guy with $100k of investments to put somewhere between $1k and $10k of his investment portfolio into bitcoin based on those kinds of persistent underlying aspects of bitcoin. Unbiased Price Prediction on the basis of Previous Chart ActionBullish in the Long run. ... Not gonna read that a lot and not sure how you have that much time to write something like that in a post, kudos lmao. In other words, you got nuttin. You 1) refuse to read the text of a post that attempts to directly address points raised by your squiggly lines and words of your post. and 2) denigrate my post by asserting that it is too long to read Hard to treat you seriously in such circumstances. Also, you wanna make a bet on your price prediction? (as you asked me to do) Nah, right?
I am not making any prediction you diptwat. I am bringing questions to your prediction, and asserting that you are failing refusing to account for context including current BTC price prediction models. Instead of explaining why you choose such context and asserted it to be unbiased or explaining why you failed and refuse to account for currently valid BTC price prediction models You mischaracterize my criticism of your stupid-ass lame post as a prediction and you double down on your dumbassedness. I don't wanna sound negative but the thing is there are opinions.
Nothing wrong with having opinions. I was largely ONLY asking to 'splain ur lil selfie a wee bit more, including your proclamation of supposed "unbiasness." And if you judge people by opinions, you aren't doing it right.
I was not judging you. I was judging your post; however, you subsequent lameass and defensive post is causing me to consider that I may way need to judge you as either being retarded or disingenuine in your interaction regarding your prediction.. including your defensiveness and diversions. See bold. so it broke 20k jumped to 64k therefore if it breaks 64k it jumps to 204.8k? Say by jan 27th 2022 my birthday  . I mean why not? |
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So well all know I did pretty good with Doge. Should have been better but still very well. I have found a coin that may do nicely. XEC https://support.viabtc.com/hc/en-us/articles/900004339303I mine it at viabtc.com I use 1 rig of my sha256 gear an s15 set to low. It does 21th about 134,000 coins a day I started when coins were. 0.000022 usd coins are now 0.000046 usd I am up to 2.9 million coins. If you have a lot of sha 256 gear and point 1 unit to this the upside is huge. 134,000 x 365 = 48,910,000 coins mined in a year with 21th. yeah diff will go up. So say it mines 25,000,000 coins if price moves to 0.00046 25,000,000 coins are 11,500 usd a 21th machine mining btc would mine .067 btc with no diff change or maybe 0.04 btc in a year at 100k btc that is 4000 So we have 21th of 1100th mining XEC it is ladder sale set at 0.000091 0.000910 0.009100 0.091000 0.191000 0.291000 0.491000 0.891000 1.189100 we have 2,918,985 coins at 0.000046 I will post back on this play in a month. Plan is to mine it for 1 year. It mines at a profit daily. even with 15 cent power. as 24 kwatts on low is 3.60 and 21 x .34 = 7.14 that is a $3.50 profit with 15 cent power. So mine it sell 5 usd worth a day you bank 1.40 usd cash and stack a lot of the coin. It is literally no risk If my power bill was $3.60 for it and I mined 135000 coins. Sell 100,000 for $4.60 pocket 1 dollar and stack 10,000 coins It is a no brainer to try it for 10 days. you make 10 bucks profit you stack 100,000 coins list them for 0.0046 x 50,000 = 230 dollars 0.0460 x 50,000 = 2300 dollars the worst you do is make 10 bucks. which is pretty fucking good. So to follow up this coin went from: 0.0000220 to 0.0003900 to 0.0002168 I have 4,218,000 I mine 100,000 a day I sold 2,000,000 I made a few bucks. I still see a solid pump here if you have a lot of gear point an s9 or 2 at it. 2 s9's will make 35,000 coins a day list the 35,000 every day in an upwards ladder. ie today they are 0.0002168 first day mining list 35,000 at 0.0008888 second day list 35,000 at 0.0011111 third day list 35,000 at 0.0022222 fourth day list 35,000 at 0.0033333 go up the ladder for 10 days and assess. |
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Yeah I remember that give away. The biggest problem they (spondoolies) did was go head to head with bitmain against the s-5 and they lost the price war. No one has really beaten Bitmain in a price war but price wars for cheap gear does not happen much any more. Back to the present: well at least the diff is -1.4%. and price went back up a bit. Sooner or later sideways price and stable low diff will end so mine them and stack them while you can. |
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well they made a decent miner. sp10 or sp20 one of them was pretty good ran about 800gh with a downclock and was pretty much bulletproof if you ran it at 800gh vs top speed of 1200/1300 gh. I liked that piece of gear. avalon had a nice model in the 1tb range that was very good run at 700gb. |
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@Phil
Is Spondoolies really coming back to btc miner market,
or are you only speculating?
I saw their Dash miner year or few ago,
but I have not seen a new btc miner after SP20.
Speculation as we are in the speculation section. While I have had a good relationship with Guy Corem I have zero knowledge that they will do it. |
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