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1  Economy / Service Discussion / Re: [LIST] Free EU bank accounts that you can be opened directly online on: February 22, 2021, 10:05:15 PM
Quote
As a bank we are legally required to protect our users and the integrity of the banking system. Therefore, we continuously monitor our users’ transaction activity as required by law to prevent any misuse of accounts.

As a result of our review of your transaction activity, our Compliance team concluded that the payment behaviour on your account was not in line with the expected use of our services and our Terms and Conditions. We have to inform you that we are no longer able to offer our services and we have to close your bunq account in line with Chapter 50 (Chapter 48 for Business) of our Terms and Conditions: https://www.bunq.com/terms

We may hold your funds after the closure of your account to cover any debts to us, payments that you approved before your account was closed or legitimate claims and rights of third parties.

What kind of debts do they expect from 0 days FREE account with 2 top up transactions from my another bank account.  Huh
2  Economy / Service Discussion / Re: [LIST] Free EU bank accounts that you can be opened directly online on: February 22, 2021, 08:24:33 PM
My experience with Bunq. My bank is not cryptofriendly so I had to use something in a middle to topup Binance with fiat. I have sent 100 and 500 eur instantly. After I sent 5000 euro and my account was blocked. Normally bank should have asked for documents to prove that funds are coming from the legal source. Not the case with Bunq. Not sure if they ever will refund my 5000 euro.

Perfect, if you wanted to see them freezing your account. 5 000€ is exactly what was needed  Cheesy

On a serious note, you can be sure they will refund the full amount because it is mandatory. They have no right to keep the funds, even if you don't provide a document explaining the source of the funds. It's like this with any banks (at least in Europe)
Now the next step, since your account is dead, they're supposed to contact you to ask for the IBAN from another bank to send you your balance before closing your account.
It's something that can easily take 30 days

What they actually did.. they refunded my last payment to them with description "Refund because of closed bunq account". But the refund amount was 5 euro instead of 5000 euro. I was trying to get a purpose of this payment several times, no results.. Also finally told me "investigation" may take few months.
3  Economy / Service Discussion / Re: [LIST] Free EU bank accounts that you can be opened directly online on: February 22, 2021, 02:45:28 PM
My experience with Bunq. My bank is not cryptofriendly so I had to use something in a middle to topup Binance with fiat. I have sent 100 and 500 eur instantly. After I sent 5000 euro and my account was blocked. Normally bank should have asked for documents to prove that funds are coming from the legal source. Not the case with Bunq. Not sure if they ever will refund my 5000 euro.
4  Economy / Service Discussion / Re: H/w Hosting Directory & Reputation on: March 15, 2018, 02:17:34 PM
Any hosting cheaper than 140$ for S9 per month? I have only one to host  Grin
5  Economy / Computer hardware / Re: LF !!!CHEAP!!! hosting services in europe. on: March 14, 2018, 09:43:37 PM
There is no cheap electricity in Europe. How do you expect to get a cheap hosting?  Roll Eyes
6  Economy / Computer hardware / Antminer S9 for sale on: March 14, 2018, 12:28:19 PM
Hi, I have one used Antminer S9 13,5 Th/s for sale (Nov batch). Works great. Location Europe. Price 1600€. I accept forum escrow.
7  Economy / Service Announcements / Re: Cryptouniverse - Official Canaan Distributor on: March 09, 2018, 11:27:10 AM
Will you sell Avalon 841 in April?
8  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: March 04, 2018, 04:41:35 PM
Why it is 13 Th batch? Every new batch will come with lower hashrate and efficiency?
9  Economy / Computer hardware / Re: Antminer S9 for sales - 5 units on: February 19, 2018, 02:49:24 PM
When was the last batch of 14 TH sold by Bitmain?
10  Bitcoin / Hardware / Re: (Review/Guide) AvalonMiner 821 11.0 Th/s, 1200W Bitcoin (SHA-256) ASIC miner on: February 14, 2018, 03:34:34 PM
Seems like 821 will be EOL soon. Just received Canaan newsletter about shipping 841 in April. The performance is estimated to be 13TH and 1200 Watts.
11  Economy / Computer hardware / Re: [WTS] 2x Brand new S9 13.5 with PSUs for $3600 on: February 14, 2018, 10:10:53 AM
Not worth to deal with such a headache. Estimated TAX for EU to be paid is around 1200$ extra. So in total 4800$. This is a regular selling price in the market right now.
12  Economy / Computer hardware / Re: [WTS] 2x Brand new S9 13.5 with PSUs for $3600 on: February 14, 2018, 12:19:33 AM
If it is stuck in customs how do you suppose to ship out?
13  Bitcoin / Hardware / Re: (Review/Guide) AvalonMiner 821 11.0 Th/s, 1200W Bitcoin (SHA-256) ASIC miner on: February 13, 2018, 08:46:18 AM
Might be interesting to see if it works with voltage offset +1 and what is the hashrate and power consumption.
14  Bitcoin / Hardware / Re: (Review/Guide) AvalonMiner 821 11.0 Th/s, 1200W Bitcoin (SHA-256) ASIC miner on: February 13, 2018, 12:49:47 AM
Thank you for review. Why your fan is running at 100% with such a low temperatures 27 / 75 ?
15  Bitcoin / Hardware / Re: (Review/Guide) AvalonMiner 741 7.3 Th/s, 1150W Bitcoin (SHA-256) ASIC miner on: February 10, 2018, 05:45:10 PM
Will you do review for 821?
16  Economy / Computer hardware / Re: [WTS] Avalon 741 on: February 08, 2018, 12:12:35 PM
1100€  Wink
17  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: February 07, 2018, 11:01:13 AM
Affordable miner for hoby miners nice, meaby i will one get one.

minimum order is  5

you pay $2700 + 5 PSU + shipping for getting 20TH at 5kW

S9 has 13.5TH at 1.4kW for 2320+105+160=2590





What?.... can't see purpose of that.

Who is this talented mathematician?

5*345 = 1725$

And there is one retarded competitor in this segment https://pangolinminer.com/product/m3-stock-vii/
18  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: February 06, 2018, 11:42:19 PM
A 1% increase every 18 days, you guys are kidding, right?

2 weeks ago it increased by 16.8%,
2 weeks before that it increased by 15.3%,
2 weeks before that it increased by 3.0%,
2 weeks before that it increased by 17.7%
2 weeks before that it increased by 18.1%

In the last year alone, difficulty has increased by 490% (last Feb it was 0.441T, now it’s 2.6T), and it is now increasing at a rate much faster than that.
So I don’t know how you guys justify the numbers above.

And what’s this about “difficulty will level out”? Why would you think that?
You are aware that in the almost 10 years of bitcoin history, THAT HAS NEVER HAPPENED!
In fact, apart from the odd blip here and there, difficulty has ALWAYS increased and the rate at which it has been growing has ALWAYS been increasing as well.

Just look at the data:
https://data.bitcoinity.org/bitcoin/difficulty/5y?t=l

Saying it will magically start to flatten out is true wishful thinking in my opinion.
Anyway, keep buying those S9’s every time Bitmain releases a batch…


Current difficulty:    2,874,674,234,416
January 26 difficulty:    2,603,077,300,218

+10.4337 %

I got your point from the very beginning. Unfortunately many cant.
19  Economy / Service Announcements / Re: Cryptouniverse - Official Canaan Distributor on: February 06, 2018, 10:55:13 PM
Do you expect people to place pre orders for A841 without any technical specifications of the miner?
20  Bitcoin / Hardware / Re: Bitmain's Released Antminer S9, World's First 16nm Miner Ready to Order on: February 06, 2018, 06:25:25 PM
Last week ROI on an S9 purchased on shitmain's website was slightly less than a year at .10/kWh. Today, it's over 400 days which essentially means never as difficulty is still rising and bitcoin is still falling. At this rate, it won't even pay to turn on an S9. I guess all the manufacturers pushed their prices high up so they could squeeze the last bit of profit from us miners before the crash.

I don't know how you're running the numbers, but they're wrong. First of all the ROI of an S9 is not anywhere near as long as 400 days, even with bitcoin doing so poorly recently, so that says something right there, that it can keep being profitable even in this environment. Second of all - assuming the difficulty keeps rising and the price of bitcoin keeps falling - yes, the S9 would not make a good investment. However the truth of the matter is that you can't see the future any more or less than the rest of us. You don't know if the price of bitcoin will keep falling, or if it will rise, or what the difficulty will do, etc. If you believe in bitcoin and believe it will make a comeback (which history tells us it will), then you don't base your numbers off today, but what you expect them to be in the future, especially with something as volatile as bitcoin.


This is wishful thinking.
BTC value cannot be forecast but you can make some pretty good predictions about total network hashrate and difficulty, I’ve shared mine on various occasions in this thread and even the best case scenarios don’t show an S9 to be a good investment currently, worst case scenario shows the S9 to be money down the drain.
It’s been over a month since I built those forecast and so far the total network hashrate is growing even faster than my original worst case scenario. That should tell you something.
Anyway, you can find the work a few pages back in this thread, check it out.

I dont know what hashrate chart are u using, the one im watching hashrate is falling

https://www.coinwarz.com/network-hashrate-charts/bitcoin-network-hashrate-chart




 Difficulty retarget chart
Date (24h UTC)    Feb 7th, 01:49    -
Remaining    5 hours, 25 minutes (37 blk)    -
Change    +10.16%

Happy mining  Smiley
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