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281  Alternate cryptocurrencies / Mining (Altcoins) / Re: Fuse blowing every couple of months on: April 30, 2019, 07:14:16 AM
Well, my impression is that maybe you have the wrong wiring behind that 20A socket. If I'm not mistaken, for 20A in one phase you need at least 4mm wire.
2,5mm2 wire should be used to máx 16A but some people like to play with theoretical values and use it to 20A, causing excessive heating on the wiring...
It is still strange because the fuse should break by excess power, not wiring temp... but worth checking
282  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alternative Electricity for Mining on: April 30, 2019, 06:52:21 AM
I've also been looking for alternative energy sources. Wind and solar are good, but profitability depends on your geographical location and regular power costs...
These PMGs might be an good solution, but the magnets used to have a relative short life span, after which you needed to "re-magnetize" them.
Do you have a duration estimative for the magnets?
How long do you have your setup working?
Another matter, has anyone tried to make a generator fed by vegetable oil?
cheers  Grin
283  Alternate cryptocurrencies / Mining (Altcoins) / Re: Best motherboard for mining on: April 30, 2019, 06:41:27 AM
I am using Gigabyte h110 BTC pro and love it! This is working for around 2 years with no problems. Easy to setup, nice price, good quality...
Previously I had one Asus and my oppinion was not so good on the long run
 I am now a Gigabyte fan  Grin  these boards are made especially for mining and the cost is very nice, so why use gaming stuff?
284  Alternate cryptocurrencies / Mining (Altcoins) / Re: Masternodes/POS the future of mining? on: April 30, 2019, 06:33:13 AM
This is an old and interesting discussion. Both systems have their own pros and cons. Concerning POS, I see mainly 2 major problems that are not solved with adoption/increasing number of masternodes:
- the fact that people with more money can have a better position, in the end this might turn into oligarchy...
- the fact that your investment is the coin alone versus the POW investment that involves hardware. This would affect the value and solidity of the network as it is fairly easy for an investor to sell it's coins and run while on the POW you have machinery
I'm getting very interested in some hybrid systems that combine both systems  Grin
285  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ⚡[Bounty] Veil — Privacy Without Compromise — Monthly Distribution ✅ Tradeable ✅ on: April 29, 2019, 08:10:19 PM
Week Number: #1
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Your Number on the Spreadsheet: 25
Bitcointalk Profile Link:;u=1236199

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Week Number: #1
Your Number on the Spreadsheet: 10
Bitcointalk Profile Link:;u=1236199

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286  Other / Beginners & Help / Re: Merit giveaway for forum contributions! on: April 28, 2019, 08:39:56 AM
Well, this is my first time asking for merit.
Since the merit system was implemented, I just gave up on the ranks as the merit system, although I agree that it is necessary, seems to be unfair.
The serious users/contributors of the forum are mostly neglected unless they go around and ask for merit... in the end I think it has the dark side of favouring the older/higher ranking members in relation to newer members because it does not check if they deserve their position (obtained when there was no merit system) - and some have huge negative feedbacks, and because higher ranking members naturally receive a lot of merit from lower ranks while lower ranks are naturally neglected. It keeps the higher rank numbers under control mostly by the same people (maybe I'm wrong, but how many got promoted to hero/legendary since the use of merit system?)
In theory is a good measure, but it does not work so well...
If we want to spread crypto use and global adoption, new members need to be more than welcome.... and at the same time there is this problem of constant abuse...
Not sure on what could be done, but maybe creating a board of selected users to which the candidate could apply to ask for a review on it's rank, even if there was no merit points ? this could help in tackle the problem partly...
well, sorry for this long statement, just my thoughts...
In the end I got tired of not rising rank and decided that I should ask someone to check my contribution so that I can see if I deserve some merit or if I should change something...
well, concerning my posts, not sure what could qualify for merit, would you be so kind to have a quick scroll on my posts?;u=1236199;sa=showPosts;start=40
287  Bitcoin / Bitcoin Discussion / Re: Is Lightning going to ensure Bitcoin dominance? on: April 28, 2019, 08:15:11 AM
The world is full of predictions! Especially in crypto there is a need to refrain the excitement because usually noyhing is rarely what it seems to be...
All crypto is on an experimental phase, and there is so much speculation and exageration that we are constantly building scenarios in our heads, some of them turn to be right, others don't. For me the LN is something more of a mith until is useable and working...
Then we'll be able to discuss... (besides, other projects are also developing, so who knows how crypto will look when LN is ready?)

288  Economy / Trading Discussion / Re: Bull market is back? on: April 28, 2019, 08:09:19 AM
I am cautionous to say this type of stuff...
I am happy to see the dynamic rising on the market and BTC behaving nicely, but I don't think the market makers are ready to start pumping at this time...
We are maybe on an optimistic market, with BTC running along between 4500-6000 until the end of the year and a good altseason in the meantime...
but definitely, dynamics have changed and market is more powerfull... if not already here, bull is comming....
289  Economy / Trading Discussion / Re: Please be careful with traders who.... on: April 28, 2019, 08:06:07 AM
"Please be careful with traders who run private groups, do phone consultations, and sell courses.

Most successful traders are too busy trading, they don't have time to teach.

It would be a distraction."

Saw this tweet just now.

Worth to share to those trading newbies who wants to rely on paid advisors.

Will not go deeper. Hope you got the picture.

(P.S. Credits goes to @BTC_M****. Decided not share the source link as I don't want to promote his Twitter account as owner's other tweets might influence newbies perspectives. But it's quiet easy to search.)

I've always found interesting how some people can devise ways to get income from the unsuspecting newbies...
Does someone think that a successfull trader would teach it's techniques and secrets to everyone paying a few bucks? If that guy was a trading master, each minute he would spend in teaching would be worth a lot more while trading... besides, why would he be interested in increasing the level of the competition?  Grin
Outside crypto world there are also these types, offering lessons on "how to collect weeds from your garden", or "how to collect rain water"... come on people...
290  Economy / Economics / Re: How adoption will happen on: April 28, 2019, 08:01:10 AM
In my oppinion, general and global adoption will come once governments adopt it and tell people that they have to use it...
until then, adoption will keep rising but it will always be an "alternative" form of money used by some... unfortunately I really doubt that general people will embrace something different unless they have to...
it is called resistance to change (we all have it)... this resistance is natural and undoutebly will be rock solid when it comes to money
291  Bitcoin / Bitcoin Discussion / Re: It costs less to mine gold than it does to mine Bitcoin on: April 28, 2019, 07:56:51 AM
Do you really believe that?Huh There are so many fake news out there that we need to start by thinking a bit just before believing it...
How could mining gold have less cost than mining bitcoin?
Gold can be mined in several ways, and on the easiest, they dig massive holes, and wash all the dirt to separate it from gold... if we take into account the landscaping, fuel and electrical consumption, massive machinery, manpower, etc.... is it possible that this is less expensive than setting up a few ASICs?
And how about the blasts? or the places where gold is embedded in other rocks and they use deadly chemicals to extract it (mercury if I am not mistaken) - ending up in water flows?
Which methods and examples are being used to consider the 1$ gold production cost?

So, let's say that these guys are only speaking about energy cost, and I will say only 3 things:
- energy cost to produce $1 worth of BTC - is this considering prices in December 2017, or August 2018, or when?
- how may large mining facilities run on renewable energy?Huh how many small mining facilities run on renewable energy? I don't have the direct answer to this, but checking the renewable energy developments in some countries and the constinued rise of hashrates, we can get some clues...
- energy cost on gold extraction is by far the lesser problem... and on BTC is the ONLY problem

So, how many gold mining facilities, or production plants run on renewable energy?

292  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY][Twitter]CryptoHarbor Project Bounty Campaign Vol2[20M CHE Token] on: April 27, 2019, 09:54:14 PM
Week 7 Apr.21 - Apr.27
Twitter username: @dentolas2
Twitter profile link:
Retweet links:
293  Alternate cryptocurrencies / Altcoin Discussion / Re: Stop badmouthing new projects on: April 27, 2019, 08:15:02 AM
not all new projects are bad, but the ongoing bad impression has reasons behind it... a lot of people lost money to scammers and shitty projects... of course it is always partly our own fault if we are scammed or allow ourselves to believe in crazy dreams, but we can't blame them for being mad about it.
Crypto is paying the price as it's user base is primarily focused on grabbing money fast... lately there are a few good new projects arising, but for months I've scrolled the pages on BTT forum and found copies and copies of the same stuff... exchanges, dapps, ultimate cash... with nothing new, jut trying to grad some cash
But for things to evolve, we need new projects... and exchanges will evolve, and privacy coins also (beam and veil are examples of it), even BTC will someday loose it's position to a new improved project...
So I suggest that people try to investigate and show interest on their investments, search the tech part, the team, etc... this way they'll be able to support new projects with high potencial and avoid scams...
294  Economy / Economics / Re: Banks against the crypto on: April 27, 2019, 08:04:31 AM
As much as I hate banks, they are already adjusting... so it seems they are not going away, at least easily...
there are a lot of news about banks starting to develop blockchain applications and in some cases, testing crypto use... I think this will be a matter of time, at the moment they are betting on FUD and accumulation, and then the next step will be adoption, but I think it will be a kind of adoption in which they dictate the rules...
The system can easily fight back, for example, creating national cryptos controlled by governments...
and people will use what they are told to use
so we walk on a fine line, and all these people comming into crypto looking after quick cash and doing nothing, they all should be worried in building something solid and don't allow crypto space to turn into the same shitty system we have on the outside
295  Economy / Economics / Re: Forms of converting cryptocurrencies into cash on: April 27, 2019, 07:58:58 AM
I use Visa/debit card from wirex, you have a fiat account and you convert your BTC into EUR or GBP or USD, and then use your card on an ATM machine to get your fist bills... a nice service, but lately not working properly with a lot of down times...
you can also check the accepted exchanges by the national banking authority on your country, around here Coinbase is one of them, and them you link your fiat bank account to the exchange and just send money from one to the other like any normal accounts
296  Economy / Speculation / Re: Bitcoin went from $5420 to $5117 in 2 minutes! Bubble? on: April 27, 2019, 07:53:02 AM
If you look at the chart, there were recent moves that were a lot more "strange" as the dump/pump was higher... I am recalling for example last christmas...
People just go with the flow and refuse to think about things... how many users on crypto-space? and from these, how many hold a decent amount of BTC? The total volume is nice but still a child in comparison with stock markets... So we come to the quick conclusion that there are just a few large holders and it is fairly easy for these market makers to do whatever they want with the price...
Have you thought that these chart gurus that are all over the web drawing lines and supposedly predicting the behaviour of BTC, are just spreading what the market makers want, it would also be fairly easy to send a few signs on the charts and then liquidate positions...
297  Alternate cryptocurrencies / Mining (Altcoins) / Re: Need suggestions on building mining rig on: April 27, 2019, 07:39:41 AM
It is possible to get nice earnings from mining, but in my oppinion you must have a very solid mining strategy, and aim to accumulate coin in order to sell at the best price. It will have to be faced as a medium term investment instead of quick cash  Wink
Used GPUs are always a gamble, but nevertheless, they are surely better option than used ASICs. What will be the price difference? have you checked? maybe it is a good option to buy just 3 or 4 new GPUs and add the others later on? just saying because you don't know what was the wear on the used ones, and the new ones come with 2 year warranty...   Grin
298  Alternate cryptocurrencies / Mining (Altcoins) / Re: Help for a beginner on: April 26, 2019, 07:26:37 AM
You have very cheap electricity!!
A friend of mine is mining with 3x 1050Ti rigs (6 GPU rigs) and he is paying electricity at 0.15/kw.... he's still making profit but he needs to work hard to find good projects to mine, and  of course, your game needs to be accumulation instead of daily selling.
This guy also has the 3 rigs on his own bedroom (T0), exactly to keep him warm during winter time... the noise is not much, maybe similar to an old desktop PC
On summer time, he moves the rigs due to excess heat...
Having profit in mining is possible... hell, more than possible... but it takes hard work and strategy to acomplish!!
And don't forget that a lot of people here are miners, and they often try to keep difficulty low by scaring away other potential miners...
299  Alternate cryptocurrencies / Mining (Altcoins) / Re: Summer Cooling Setup - small mining farm with 11 Asics - need help on: April 26, 2019, 07:19:08 AM
Sometimes small details can make a difference. The air intake should be as close to the floor as possible in order to capture the coolest air. The exausts should be as close to the ceiling as possible as the hot air rises and this way you'll be able to create a flow that will sweep the room efficiently from one lower end, to the other higher end.
The exaust diameter should be larger than the intake.
Sometimes, the direction in which you mount your machines in relation to one another can also affect the temp (for example, on GPUs it is more efficient to mount them blowing into eachother - in line). You need to imagine the air currents generated inside your container and try to conduct them efficiently
I would also consider previous comments related to intake/exaust volume
300  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin can't be banned on: April 25, 2019, 08:27:47 AM
Do you really believe that if any government would want to ban Bitcoin or crypto (like China), they couldn't do it?
Of course they can  Grin
Even in the remote case that it would be technically impossible (and this is remote), banning the use of BTC makes it marginal and downsizes the user base to a few "darknet" participants...
People advertising Bitcoin will say what they need to keep the marketing going, but the truth is that the institutions will have to be on board for massification, otherwise remember that governments hold the power plug, the internet plug, etc
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