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like most of the members say on twitter and reddit it is better to stay away from bitcoincash there will be lot of speculation and dump happening on that coin
I am also on the side of those people, who prefer to stay away from Bitcoin Cash. Honestly, sometimes it seems to me that it is the big bubble. I should better invest in Bitcoin and Ethereum plus ADA, and TRON. dont buy bch. buy only btc until it will come up to 10000 dollars. after this level you can pass other coins. I thought the BCH has big block size and transaction fee is lower. That could attract more users?
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I will not buy bitcoin cash becaus i do not trust this fork. I hope that's the right decision but i prefer to stay with bitcoin.
That could be a bad decision if the BCH also implement the smart contract and side chain.
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I see BCH price is around 0.094 BTC at time of writing. I am considering to buy some. I hope the price will raise because of all the media attention.
What do you guys think buy or not buy?
I think you should buy some BCH coins now. BCH coin prices are still low and if you can have them in large quantities. You can endure for years, surely you will get many benefits from the coins you hold. when the BCH has more usage, it is good to buy that.
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ZCash isn't quite as well off, but it'll still probably take months for the Z9 and competition to drop profitability by half even though the efficiency of the new ASICs is a ton better than existing GPUs.
I know you're a veteran here and i've actually followed your posts in the bitcoin mining section but really? How can you seriously say that it will take the Z9 and similar ASICs to drop profitability when we already see that GPU mining equihash has already tanked, TODAY. You may argue that $0.1 is still profit but seriously, the Z9 ASICs are still arriving and a huge spike in difficulty is still incoming. Not to mention this new beast by A9 zmaster which does 5 times the hashrate of the Z9. Are you mining with free electricity? In what world will equihash still be profitable? Why don't you assess the factual parts of what he said? "Months before profitability halves" That's fairly accurate based on what I've calculated. Of course it doesn't factor in the entire market dropping 10%, etc, which is probably what you're referring to in today's 'tanking'. Total Nethash of all Equihash mineable coins; 700mh This was actually 750mh 3 weeks ago, or about 1,500,000 1070ti equivalent. Ask yourself how many ASIC need to be pumped out to halve profits? 700,000,000 sols worth - 14,000 A9 Zmaster or 70,000 Z9 mini. Ask yourself how quickly that will ship? and pay attention to the dialogue coming from Bitmain / Innosilicon. Read between the lines. Both are doing small Batch 1 with much larger quantities "in a couple of months" Now honestly assess the profitability for GPU mining Equihash, ignoring market movements. low% chance that profits are halved prior to August 1st. high% chance that profits are halved during August Almost certain that profits are halved by September 1st. Now I ask you again, look at the facts of what he has said and then look at what you have written. PS: in case you skimmed the Innosilicon announcement: A9 ZMaster is in stock and ready to ship right away based on payment order with limited quantity. The sales price is $9999 shipping from Hong Kong starting June 10th based on payment sequence. The 1st 300 batch one customers will receive free shipping and free PSU. Hosting service is optional. Batch one shipment will end on June 25th as long as stock lasts. Batch two shipment starts on August 15th with ASICs offering.
A9 Zmaster is the most profitable miner today. Be sure to be the 1st to own. We believe Batch One customers will enjoy great mining experience with little competition for a few months, as it will take a few months for anyone to be able to produce another decent batch after this limited shipment anyway. They are literally telling you what QuintLeo has said. I have R9 390 mining with $0.16/kWh. For the rig, the revenue is $5.1, electricity is $3.84. The profit is $1.26 per rig. So it just needs the difficulty to rise 25% to make it no profitable.
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like most of the members say on twitter and reddit it is better to stay away from bitcoincash there will be lot of speculation and dump happening on that coin
I think you need to think and research yourself. Not to blindly follow other's opinion.
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@realbminer,
With the most likely upcoming change of the equihash params from 200/9 to 144/5, is this going to be a significant re-work for your miner? Also would you be able to provide a dev build with the adjusted N and K values so that devs and pool operators can begin prepping for the change?
Since Zencash has decided to move to (144,5), we will also work on (144, 5) in future releases. We believe (144, 5) is a good set of parameter to deter ASIC. Developing an optimized version of (144, 5) is a non-trivial effort. We are investigating it and hopefully, we can release (144, 5) support next month. Will Zencash change to (144, 5) later than next month?
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This is kinda subjective Although i am kinda oppose with the BCH idea in the past
But recently there's quite some merchant listing BCH as one of their payment token, despite BCH is just a fork of BTC with no segwit + 8 MB Blocksize, but the adoption is there IMO, once Segwit + LN is done for btc, i don't think there's purpose of BCH to be there but seeing the adoption now, it is very subjective here
I heard new retailers or users accpeting the Bitcoin Cash. So it could have good prospect.
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This things easy for short term trading IMO
If you bought later last year, you might lose some dollar. But if you keep for the long time, you might be rewarded greatly.
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for console reported 4.3k sols but pool reported as 4.05k+/- sols only.
That is similar to other miners like the Claymore, I got 5-8% less reported.
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I like this law. It means developers should work on the smart contract using bitcoins.
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Nice source code, "mr. hacker". We need the source code to check.
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Why are you posting a mega link when you can post the Github link directly then? Fishy it seems. Don't download this folks, probably will steal your coins. Has anybody tried that? I use more than 10 days. NoDevFee + PhoenixMiner 2.6 Pnoneix fee is just 0.65%
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Eth had been worser to min than now, now its better than BTC. But high profits are gone with the low exchange rates. As you pay approx 4000USD for a 220MHs/s rig, its not worth to buy one now.
If you got cheap supply of graphiccards and mount the rigs on your own and dont pay for energy, its worth. Otherwise let it be.
I think the difficulty level is rising fast for the bitcoin. Also with GPU, you can choose many coins to mine.
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How much does the developer get?
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Ethereum is going on PoS agorithm soon, so better search for alternative and be ready to switch target
I think the PoS switch is still 12 months away.
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Up and down we go. Makes for a nice trading possibility That is right. And the long term trend is up.
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Hi,
Why not open source ? i'm waiting for your answer.
kind regard
That has been discussed before.
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
I'm just new here, but the reason why I want to earn bitcoin is that, my friend earned a lot though this site by just joining signature campaigns. She was able to save a lot of money, help her family, and buy all the things that she wants or needs. I thought if you live in the West, you cannot live on the sig camp.
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BCH very potential to provide benefits if we hold it even in my opinion for longterm, profitable BCH. Similar with ETH, investing in BCH with a very good marketcap surge.
If the Bitcoin can get scaling right, then there is no need for the Bitcoin Cash to rise fast.
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I think you should not buy BCH
Even though BCH price is falling, but I'm not interested to buying it
It depends on the accpetance of Bitcoin Cash as a payment form. If there are more users, the price will rise again.
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