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I was luck to have some bitcoin when this fork happened and had chance to use this coin afrter couple of months on android wallet. I think its just faster bitcoin and I don't understand why its price is high..
It looks like the BCH has more active developments. That could be the reason. |
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Yes yes yes!
I saw on Bitcoin news today with the headline "Prepare for the Bitcoincash take off today".
As everyone saw its price movement, and they do believes that it will continue to grow.
The Bitcoin Cash will be upgrade next month. So there will be more good news. |
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I am the one who hold the eth, I think eth has a chance to glide higher but I think eth will only reach 0.25 btc by the end of this year but this is only my estimation, how according to the senior ?
If 1 eth=0.25 btc, the marketcap of eth will surpass btc. It will be a milestone for eth and cryptocurrency as a whole. That is true. It is quite difficult to reach. It is better for ETH to be on parity with Bitcoin Cash first. |
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Other than the coolness factor do you really need to run more than 13 GPU's off of the same motherboard? I know there is economics of scale, but these motherboards cost more as well, offsetting the savings gained. Plus you need extra PSUs, more memory and a bigger SSD. So adding all this up the cost savings really isn't a lot more than say 2 smaller rigs.
Also, a point that has been argued before, if the rig experiences issues, then you have 19, 21, or however many GPUs you manage to get running down at once versus with smaller rigs you would have maybe 8 GPUs down while the others would remain running. While these videos are nice to watch for the geek factor, it seems to be pointless after a certain limit.
6 rigs are suggestable to use in the mining rig right! One rig can give 6 card pci riser I think. How it is possible that we can run a 12 GPU cards in the one processors with the windows os. Since it has the riser limit of one PCI slot with the 6 cables are only gives 6 cards options. Please explain me clearly. I will stick with the 6GPU rigs for now. |
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What hashrate are you getting with the 460 cards?
519 h/s Not possible with single 460 cards. |
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In my opinion, we are still in the beginning of Bitcoin. Less than 10 years old is nothing. So I would place Bitcoin in the awareness stage to compare with your graph. There are still a lot to do, a lot to see
I agree with that. The bitcoin is still in the left bottom of the S curve. It will rise when more people use it. |
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I used to want to squeeze every last penny out of my mining but you'll get to a point where convenience, simplicity, stability, and time become a big factor.
Just mine ETH or dual mine ETH+Whatever. If ZEC becomes more profitable, mine that. If XMR becomes more profitable, mine that. Done.
I agree with that. I also do not do much overclocking now. |
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So no body can confirm?
Can you try it yourself? |
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so anything not Blockstream/core is 'overtaking' the project? And we should ignore Satoshi's clear statement in the whitepaper that nodes can vote on rules with their processing power? The only 'trying to overtake via hard fork' is the backdoor UASF , which is probably the brainchild of Greg Maxwell. I think the miner will vote with their hashing power. That is more fair than the so called UASF. |
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FYI: Shows one thing , CB & Lauda will repeat the wrong information over & over again.  Nope. Moore's law is an observation, not a law. It's foolish to rely on it, and this shows high lack of knowledge. if core was 1% reasonable, we'd already have 2mb and there wouldnt be any need to talk about 'on chain scaling to infinity' but they are not reasonable, so here we are.
Segwit is comparable to ~2.1 MB (if adopted) based on current usage patterns. That's on-chain scaling. What's the issue? Notwithstanding Segwit's other issues, it represents an end-run around simply increasing the blocksize. Core, in the sole interest of their own agenda, is doing everything in its power to resist,delay, and fight this. If they resist more, then the community will make another choice. |
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Knowing sp he has some sort of private-private miner for it. 40W though? Are you sure you didnt mean 40W in GPU-z?  He said 40W on the wall. Oh I know what he said, I just find that hard to believe. This would be like 33,3% TDP of 1060. I dont believe either. |
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short sell them inline with the pumps
Is there an exchange where you can short this? Not that I know of, it would be crazy if there was. I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle. Not sure about ZEC as it seems to be a solid down trend It seems the rate of drop has slowed somewhat. They are trying to build a wall at ~0.04btc, it needs about 320btc to go through that wall if those bids are real. Looks big but it is actually only one day supply of zec. We well see how long that wall holds... The price is stable between 0.043 to 0.048. |
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it's designed to last forever for the current system, just hundreds of years or so with the halving taking place every while then it's eventually going to be few satoshi's per block and these satoshi's would have a significant total all value at that time.
well maybe not forever but for a really long time bitcoins are going to be impossible to actually hack Well, to be fair, if you had a quantum computer that actually worked then you'd be able to "hack" the network, however that so far isn't a possibility and there is no reason to worry about it. The first trials with quantum computing haven't been particularly effective so far, so I have no idea what to assume is going to happen in the future. Quantum computer is likely to break the ECDSA that is used in Bitcoin addresses. Private keys can potentially be derived from a public key and that means the earlier address with only 50BTC block reward in it can be compromised since they used P2PK instead of P2PKH. Newer addresses can be hacked if the private key is revealed after a transaction. I don't see it as a threat since we can easily change the protocol, making it resistant to ECDSA cracking. That being said, Quantum computing is quite expensive to use and Bitcoin would not be the first target of them. If there is a possibility of quantum computing attack, can we change the protocols early to avoid the attack? |
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it's designed to last forever for the current system, just hundreds of years or so with the halving taking place every while then it's eventually going to be few satoshi's per block and these satoshi's would have a significant total all value at that time.
The block reward will be 0 in a hundred years. Then the transaction fees will support the network in the future. |
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I dont think allot of people will stay for the rest of their lifes into the bitcoin because one day he will drop down that much and rebuild all of it again so that makes very many people sad.
The bitcoin price is volatile. But as long as it is under good development, the price will rise in the long term. |
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I think yes now it is more profitable to mine altcoins and to convert them to bitcoin as now we can see that the price of bitcoin once again started to increase, but still if we are mining some altcoins which have the potential to increase more faster then we should have to keep them also.
I mined the Etheruem in the past, it was very profitable for me. But now, it is get less profitable day after day. Even though the Ethereum mining difficulty is rising, it is more profitable now. It is mainly due to the higher price. |
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Stick with altcoins and maybe add some bitcoin when the prices correct a bit. Mining with S9 is long gone if you want profit. Now I have heard of Antminer's R4 or R9 something like that. Check out their site. They say they want to bring back mining backs to homes. Yeah, but for how long?!? All miners get outdated in max 2 years time.
So, stick with promising alts like ETH, XMR, DASH, NXT, etc. Wait for ETC to get stabilized before jumping into it. All the best.And why don't you consider investing in some good ICO (DECENT, ANTSHARE, SINGULAR DTV) bet their coins will fetch some $$ when it hits the market or invest and wait for some time. All the best!
I trade the Ethereum, Monero, Dash or other coins such as Decred or litecoin. They are quite profitable at the moment. |
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In my opinion, all we know the Bitcoin halving is implemented now so for me its not profitable for now.Yes you can try mine other altcoins its more profitable for now and trade them with exchanges.
I think it is better to mine the altcoins such as Ethereum. When you use the GPU to mine the coin, when they become not profitable, you can sell the GPU. |
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You might use the RX 470 for the Ethereum mining. It will be on sale in the next two to three weeks.
The RX 470 is on sale now. The price is around $200. It seems the memory bandwidth is 256 bit, same as 480. |
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I think the AMD RX 470 could be a good card for the Etheruem mining as long as the memory width is 256 bit.
not better than the 480 already, scaling between the two should be very akin, so i see now point in buying one unless you want a low budget build The 470 has few cores so that it can save some power consumption as there is no need for the 2300 cores. The 470 is good for the ethereum mining. But it is not good for other algorithms. The ETh mining will stop within a year. |
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