I was hoping maybe we found a block and broke it

Truer words could not be spoken.

If you look at what is happening with BTC and Asic's eveeryone is pumping them out as fast as they can, and Difficulty has been skyrocketing for the last couple months 20% every 2 weeks. I think the price correction has slowed that down a little but not likely.

That's why I shifted my focus into GPU, I was lazy and avoided it last year because the ease of Asics being plug and play drew me in.

Unfortunately I waited 1 week to long while researching and got stuck in the shortage of cards, but thanks to Newegg, I'm buying 1 card every 3 days and my first one arrives tomorrow.
The plan is a 50/50 sell and hold.

My plan is to push through with some dual mining for the time being and maybe 1 week a month jump on some speculation coins.

On the Newegg topic,
All I know is address/name are the tipoffs, I created a new account using my rental property 8 hours away with my name did not work. Different credit card with same name did not work.
By the time I got my friend to try and place an order for me they had sold out. My wife also could not order a card to our house with her name and credit card.

What I haven't done is try to use the Canadian site and the American site, to try seperate orders.

I also gave up on trying wasn't worth it, but 11 days in and I have managed to order 4 cards so in another 6 days I should have my 6 GPU's lol. First one arrives tomorrow.

For me the bonus is that I can play around with setting up my first rig 1 card at a time and adding, hopefully by the 6th I've smoothed out the wrinkles.

Multiple accounts does not work. Whether it's the name or the shipping address I'm not sure but I tried that because they had some reasonably priced 570 8gb cards.

The bright side is they have been releasing them every 3 days so I grab one every time they go up.

This is newegg.ca but I imagine it's the same idea

You are in the wrong section.

This is for bitcoin only questions.

Look up gpu mining rig builds and check alt coin profitability sites to figure out what cards people would want.

Odds are though that they are sold out, and there is no guarantee you will be able to resell them at the inflated price most people are just waiting patiently until stocks replenish.

Also stores are limiting most people to 1 or 2 cards to prevent this reselling and to ensure there is stock for PC  gamers.

I don't think the pool offers PPS.

Because of the size of the pool if your miner goes offline you stop receiving a portion of block rewards after roughly  1.5 hours. Same as when you start mining your scoring hashrate takes a while to reflect your miners actual hashrate.

You can set auto payouts to an amount I don't think they do a set day and time of the week.

It sounds like he is selling a Miner that is hosted in Canada. This is posted in the wrong section it should be in the Marketplace.

You might want to let people know what the hosting fees are, if they are already paid, if not what shipping would cost to get it sent to their location.

Reported to Mods they will move it.

In case anyone is looking for a 570 8GB

https://www.newegg.ca/product/product.aspx?item=n82e16814137256&nm_mc=bac-criteo-ca&cm_mmc=bac-criteo-ca-_-video+cards+-+amd/ati-_-msi-_-14137256

Max 1 per customer

Here's what I think matters when did you convince them to get involved.

What was the pricepoint and how did you go about "convincing" them.

I only got actively involved in Bitcoin last June, and couldn't belive the growth that followed, I did well and made my ROI on all hardware, and was able to sell the used hardware I started out with.

Then I saw the growth quickly turn into the FOMO frenzy it became. When BTC was topping 9000-12000 and continuing up I told everyone I know who asked to not buy BTC. I explained the trend and rise to them while also relaying the knowledge I had about the network (while still learning myself). What I did say was there will be a correction, I told them if you see it hit 10 000 (CAD) and hold there then think about buying in and seeing how things play out.

I had some people come to me saying look I could have made 1000$ if I had bought, and I asked them would you have sold or held it anticipating a larger jump. They come to me now and say thanks for the advice. I know myself I get caught up pretty quick but I've also realized a cool head often prevails, and there's no shame in missing out on something because it could always be worse.

The reference to the DOTCOM bubble is that everyone at that time was investing in something they didn't fully understand because they heard they could get rich without fully understanding what it was. It was the same FOMO frenzy people went through then.

Shitty thing is he acted like his Forum name stood for something.

Garbage people everywhere.

In the future and for anyone else who reads this thread always Escrow or purchase in  a way where you are protected.

I just wanted to gauge what people did and why.

If you had BTC from October 2017 or earlier, maybe 1 maybe 100 and some with more I'm sure.

Did you sell in December? With the insane rise in price which was due for a correction how many people sold at or near peak and maybe set aside some for a correction to buy back in the Dip.

I ask because with the opportunity to cash out for FIAT which still makes the world go around it seems like selling at 20 000+ (CAD) makes sense. I hear a lot of people who say HOLD and hoard essentially, and to each their own; but I find myself wondering at what point do you sell if that is your philosophy.

Maybe you didn't sell; maybe you sold a few or dumped it all.

I myself didn't have much; I had amassed a small amount that I was portioning off to HOLD, but what I was holding was instantly sold at the peak or used to buy equipment mostly because I had a feeling that it was going to be worth about 50% in the near future. The price stayed higher for longer than I though but it also fell lower than I thought. I might have been completely wrong it may have continued to rise but in the end I was happy with the decision I made. I can always mine more...well some (damn difficulty lol)

Be sure to leave him feedback referencing to this post so that others do not get burnt in the future. Sorry to hear about your situation.

NP

They are labelled as ECHU and ECMM

You need to look at your API log, the one you posted a pic of. Scroll down through the list until you see those listed along the left side of the screen.

Here is a link to the codes

https://github.com/Canaan-Creative/avalon7-docs/wiki/AvalonMiner-error-code

From what I can see you do not have any errors.

They show up in the API log under ECHU and ECMM.

Well any publicity is good publicity they say.

I still think it was a shitty way of dealing with people.

It does show that people are still to easy going tossing their money around with unproven projects, when they were able to sell 3 batches before anything  even remotely verifiable had come out.

Best of luck to anyone ordering or expecting this Miner.

Thanks for adjusting the auto-payout fee, super reasonable.

It would be nice to see a block, but some here have been waiting way longer than me lol.

Not sure what exchange you use, but I use quadriga CX, and they don't charge a fee for withdrawing BTC from their wallet. So I send their and then can forward it accordingly after I decide what to sell/hold

Yes the person I'm dealing with is out of China, A little more research told me that they come out of the same factory as Powercolor; Dataland is just the branding in Asia.

That at least let me know roughly what they were talking about.

I've been turning over rocks all over the globe looking for cards; mostly finding slugs and scammers but this guy has been great so far. I'll let people know how the deal ends. They accepted Paypal so I felt safe enough to go forward with the purchase.

Quick question here has anyone used Dataland branded GPU's.

I have the chance to get some 580's but being new to GPU's and haven't found much in the way of reviews.

Thanks