I think the reason why gaming desktops are more in demand than gaming laptops is because most people who buy the gaming desktop, they take out the GPU and put it in their open air rig. You can't do that with a mobile GPU.

Then they either wait until the GPUs are in supply again or put in some slower GPU in the desktop or just part out the desktop part by part. WIth a mobile gaming laptop you can't really do that. No point in buying a gaming laptop just to mine with 1 GPU.

That electronium of whatever was called wasn't actually mining. It was fake type of mining. However technically you would earn actual rewards using your phone. Another 99% of all the other miners found on typically the Google App store are malware to steal your private info and private keys. They can even include clipboard attacks so if you try and send a bitcoin payment it will change the address to theirs.

Reason why there are no phone miners is obvious. They can't compete with GPUs and ASICs. If you took all the phones on the planet in existants the hashrate would maybe be equal to an ASIC or 2. Hence for a single phone there is no point.

Doge squeeze is still ongoing. Shorters are paying almost 1% a day in interest to long and in the last 24 hours there was over $750 Million in liquidations on Doge alone. The 24hour volume on Doge was higher than the SPX index.

Its pretty crazy how this is going, if we see $1 doge I wouldnt be surprised. Man do I feel like an idiot for selling all my doge at like 50 sats last year. There is also another guy in another thread which dusted off his KnC Titans and is back to mine Doge again.

Crazy times. Makes me nervous we might be at a top soon.

This is quite common with crypto trading. Basically when the markets are going crazy like an hour or 2 ago with Doge. Usually there is tons of orders coming in and the website crashes. Happens to almost all the exchanges like Coinbase, Binance, Kraken, Bitmex, etc.

This is why you should always have some stops set if you are in some position because if you can't login you are going to be introuble if you position goes against you. If you use limit orders and stops, they will usually fill anyways if you can't even login to the website. So be smart and always use limit orders and stops.

Robinhood was also down earlier due to the Dogecoin pump.

$50K is not that far away. We are at what $63K now. So all it would take is a 20% drop to get down to $50K and that would be considered a healty correction. Honestly there is just way too many leverage positions open at the moment. We are almost at $30Billion in open interest. A small move yesterday wiped $2B worth of liquidations. If its stretched far enough then its possible to see $50K within a few days.

Markets are irrational right now. Look at Doge over 30 cents, look at XRP at $2. ETH at $2500. These are bringing back 2017 vibes. People didn't think it would crash until it did and it was too late. BTC seems to be the only one trading rationally right now. But way too many alts are out of control. However the money is still pouring in. We will see where this will take us.

I think covid19 can be another contributor to all these ATHs. Without covid19 would the stock market be where it is now?

Basically the money printing is one thing. However people started to trade out of boredom and tons of retail money flooded the markets. When it looked like the stock market was getting toppy, Retail traders went into bitcoin.

This is why you got so many meme about Dogecoin and people buying it like crazy. Most likely because there are tons of retail people who are being all of this. They got stimulus checks and are buying crypto with it because they are stuck at home and out of boredom.

Stale share just means that a block was already found and your software submitted the share after the new block was broadcasted. Its a bigger issue for ETH than BTC due to shorter block times.

Can you cheat with stale shares? No because when you send the hash to the pool, the pool verifies whether its a valid share or not. Impossible to cheat this way. Most likely they don't want people submitting too many of these because some pools give you credit for stale shares while the pool reward stays the same. Hence its not good if there are too many stale shares submitted by people.

Man I saw this topic and assumed I was taken back in time. I remember reading this topic alot back in the day and haven't seen it in years. Sure brings back memories.

I remember these ASICs. They weren't the best quality however they sure were profitable ASICs if you bought at the right time. I remember the KnC Neptunes on how they were pulling something like 500 Watts or so from a single PCIe cable. I had some of them and remember questioning if I should leave the house when the cables were hot to the touch.

Then there are those that got their shipment delayed by like a year or 2. Got the ASICs and basically just ebay'd it because it wasn't profitable at all for most home setups. Crazy that its profitable again.

I think its not a good state to mine in, the power seems expensive for a commercial operation. There are people with basic rates at their home with similar electricity rates. If you relocated to a different area with a lower power cost then its possible for you to raise some capital however...

The issue is you need to diversity and get more equipment rather than just GPUs. When ETH goes POS what will happen then? You should have BTC ASICs, LTC ASICs, etc. The 8 times yearly cashflow seems way too high in my opinion. For a basic brick and mortal business its usually no more than 3 years. With something so volatile as crypto, 8 is way too much.

What is happening to Doge right now is a massive short squeeze. If you go to
https://www.bybt.com/FundingRate

And look, almost every pair has positive funding. Basically longs are paying shorts. However Doge has negative funding meaning the shorts are paying the longs. In a strong bull market like this, it only means one thing. There was a massive amount of shorts that opened when Doge broke $0.12 or so. And they are massively being squeezed.

This is why you should never short a illiquid coin in a strong bull market. I remember some guy shorted DASH back in 2017 at $100. He ended up losing 100 BTC when it went to $1000, then it peaked at $1400 and went back down to $100. It started the year at $10.

I don't think the ones short are the ones which are leading to these new ATHs. I think the majority of people stopped shorting BTC when it broke $20K. Sure the OI is very high however I am pretty sure its people who are capturing the premium with a cash and carry.

They buy it on spot and sell it on the futures. There is a crazy 25% premium for the Dec 2021 futures. This is pretty much a risk free trade and there are billions of dollars involved in doing a cash and carry.

The reason we got ATH is more fundamental rather than short squeeze.

Do you think a house is worth $1 million, no. But most people buy it anyways. People pay $1 million because there is where the buyers and sellers agree on a price. So the reason why BTC is $64K is because there is what the current market value is of it.

Same with people buying these $100,000 Landrover SUVs. You can easily buy some KIA SUV for like $15K and get from Point A to Point B. However people are buying them like crazy at these prices because they see value in it.

With bitcoin its the exact same thing. Just because something seems expensive doesn't mean its a scam.

You really should use the dedicated linux distros for mining if you are going from Windows. Installing Ubuntu is the easy part. The hard part is installing the driver properly, then setting your clocks/voltages, then installing your miner software, then making it all launch on start-up, etc.

Honestly i'm good with computers, not a programmer, but I wasted hours trying to get it all to work. Unless you got tons and tons of GPUs. Just use the mining linux distros and save yourself the headaches. In the end you will become so frustrated that you just might give up mining all together under Linux.

Basically its going to be more skewed towards the large farms instead of small miners just like it has been for years with BTC. Back in 2015 or so you could buy an Antminer S5 or S7 and mine at home and make a profit. These days these small miners can't compete because these ASICs are crazy overpriced. Only the people with connections in China and cheap power are the ones buying them.

Pretty much going to be the same story with ETH. Only the people who got connections with the GPU companies are going to be the only ones to survive and the ones with access to cheap power. Hence it will become more and more centralized just like BTC mining is. Where the hashpower is in the hands of a dozen or so people.

Nobody knows when the bull market will end. I assumed it would end when we broke $20K and was obviously wrong. People assumed it would be when we broke $50K and were also wrong. Now everybody assumes that since COIN is launched that its the top signal.

Same with all these NFT being pushed by celebrities and coins like Doge going over 10 cents. Maybe we got a few more weeks/months left or maybe we just topped. Nobody knows. All I know is that the ETH difficulty will keep rising either way.

The parameters in Claymore have never worked for me. Only software that worked was Wattmann. Setting the core engine and memory clock worked with most software and you could easily mod it in the bios.

However for voltage control, its completely different. Lowering the voltage in bios didn't do anything. You had to use software like WattMan or that OhGodATool if under Linux. No matter what mV i put under bios it never was actually undervolted. And same with using the Claymore software. The undervolt parameter never actually did anything. I verified with a wattmeter.

Onlyway is WattMan or OhGodATool if under Linux.

The issue with the serial # is that unlike an iPhone or a car, the serial # is just a sticker that can be easily removed and switched on a typical GPU. I actually had the serial # sticker fall off some of my mining GPUs in the past due to heat.

Don't know why they didn't make the serial # more robust instead of a simple sticker. Basically some stickers are tamper proof and they tear if you try and remove it, the GPU stickers are not that.

So even if you wrote down the #. Someone could easily just swap the stickers and you won't know which GPU you got.

Since your GPU is undervolted you won’t damage it or anything. It’s rare for a miner to damage a GPU by mining with it. There are gamers which got 2 of these cards in crossfire in a small case with bad air circulation and they don’t have issues so you won’t either with your open air rig.

Usually the most common component that goes bad are the fans. Generally you can replace them cheap or take them apart and lubricate the bearings and you are good to go. Most of the time they are assembled in such a way where you don’t need to remove heatsink even. So don’t worry about damaging your GPU from mining.

This is just what I experienced. Selling an Nvidia GPU is just much much easier than and AMD GPU, at least the low end models. Of the few Nvidia GPUs that I’ve owned in the past I remember selling them was a breeze even during a bear market where the classifieds were overflowing with GPUs.

Nvidia usually also historically seems to hold their value better. Think of Nvidia like a Honda or Toyota, they hold their value well. AMD on the other hand are like luxury cars like BMW or Mercedes value quickly drops dramatically when a new model comes out.

Like I said before. It might be different in your area but this is just something that I’ve experience first hand.

You should always take some profits. Even if it ends up going to like $400000 or so. The reason why you resist taking profits is due to greed and the issue here is that this greed will turn into fear if and when a bear market starts.

Back in 2017, nobody wanted to take profit at $20K, people wanted $50K or $100K or even $1,000,000 according to McAfee. Then when $6K broke their greed all turned into fear and they ended up selling at a huge loss between $3-4K back in Nov-Dec 2018.

Hence you don't be too greedy and should take profits from time to time.