FinCEN proposes new KYC rules for crypto wallets. If this is implement in true sense then no one can withdraw more than 10,000$ from the wallets until a detailed verification is done and an enhanced KYC for up to 3000$. I think these regulations will not be healthy for the market growth and also people will be hesitant to move their funds on exchanges like coinbase. This is another reason why centralized wallets and exchanges can't be trusted, I don't use coinbase wallet because I have no access to my private key, any wallet that requires email and password to login is plain centralized wallet, stay away from such wallets |
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It's not going to work without battery backup, sun won't be around for more than six to seven hours per day and to make good amount of money you have to mine 24hours per day, that includes mid night too, you are definitely going to need battery backups for this to actually works
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It always happens to people who are used to regarding saving money in traditional way, like on banks, people keep trusting banks as if their money are 100% safe there. With that, once these people enters crypto, same thing they will do, they wil trust these centralized exchange even though there are lots of them already hacked.
And sure thing, security matters when it comes to finance.
I don't think so, people are fully aware that bank accounts can be compromised nowadays, even your master card numbers must not be revealed or your funds will vanish from your bank account, today people steal people's funds through their bank account, the risk is well known, crypto wallet is just like bank accounts too, you have to keep your bank details and passwords or pin hidden and private to yourself only, that's exactly how crypto wallet should be treated |
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To me Nakamoto's project (bitcoin) fought the toughest wars since 2009, I believe it has something to do with the disappearance of Nakamoto, he knew that bitcoin is going to face so much hardship before success and for decentralized sake he has to go hidden, the reason why crypto is big today is because of bitcoin particularly, Ethereum on the other hand deserves to be next to bitcoin because of its use case too but nothing comes close like Bitcoin ever did
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I don't think there's a problem with any of the risers or cards. when I plug in cards 1,2,3, and 4 into the first four slots on the motherboard, they work fine. If I plug in cards 1,2,5, and 6 into the first four slots, they also work fine. I have also tried cards 1, 2, 5, and 6 in slots 1, 2, 5, and 6 with success.
I have tried both Gen1 and Gen2. I also tried turning off the PEGPORT Config PCIEX6_1 Link Speed.
Right now, I have six cards hooked up and it won't go back to the bios when it reboots. It just goes to Hive.
It's the motherboard, I have a AMD motherboard that's this bad too, it has more than 4 slots and when I insert up to 6 GPUs no matter what I try it won't work, I end up getting a new gigabyte motherboard, more stable and all cards are recognized instantly, have you try updating bios like some recommend already? |
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I don't trade every hours, I trade only when market is in good shape, there is low bad results when trading in green market compare to unstable market, all I like to do is buy low and sell high, your order might take time to get fulfilled that's why you will need a good coin like Bitcoin or Neo
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I have $2000 from a source. What will be the best coin invest in for 2020? We know there are trending DeFi. But there are more coins which are too low price but there have a chance to win in 2020 end.
Do you have any suggestion for coins to invest $2000?
You must not buy coins because they have low price, they might not be that good for long term, look into their qualities first before buying, the best I knew so far are Polkadot and Avalanche, there are few others and if you are a fan of DeFi YFI and Uni are good options too |
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I also got few models at my hand to choose from : Gigabyte, Sapphire Nitro & MSI
I am inclined towards 5700 because is cheaper.
Any advice? Is my choice the best in terms of ROI?
Getting either one for cheaper price should be your first target, either the XT version or the Non XT it doesn't matter, the difference between this two cards are very limited, few Hashrates difference when mining Ethereum, buy at cheaper price and you will get ROI faster |
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Here are some cons why new developers aren't so interested in this algorithm again,
1. It became less popular for unknown reasons
2. It's more easier for malware to affect POC mining activities
3. Even if POC became a thing, HDD and SSD would be so high and unaffordable because of this algorithm just like some GPU are too expensive right now, HArd drive devs will have to produce even higher capacity hard drives
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Hmm I remember burst coin, at first proof of capacity was a big thing in crypto space but later things became extremely hard for this algorithm because of high difficulty, now you need tons of terabytes to be able to earn reasonable amount of profits, it will costs you alot than buying used graphics card to mine Ethereum, if you are trying to consider this don't even try
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Yep opportunities won't last for ever, I've learned the hard way since ICO days, I've come to understand that everything crypto is all about opportunities, if you let greed in you can easily get rekt and some times if you use the greed well it will favour you too, whatever new things that brings success to crypto always ride along and make use of your head to earn what you can and move out your funds
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Everyone are just rushing to take their out piece of pie out of DeFi craze that's ongoing in crypto space presently, I m not surprised that we have more scam DeFi today, that happens because DeFi became successful this year, whatever becomes successful in coming year will bring another rush craze just like right now too, investors are the ones that need to be watchful of every steps they make.
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Ethereum 1.0 can't be compared with mate not to talk of Ethereum 2.0, we should try as much as possible to understand the fact that no new project can be as good as Ethereum and no new project can replace Ethereum in crypto space, it's well built and useful for developers too
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ICO and IEO are the best, ICO reputation is ruined already but can still be used if the project is high quality and IEO is more stronger because of top exchanges, STO is a failure and too limited projects that use STO became successful, about IDO only very few projects are using this now, still new and can't say much about it yet.
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We learned the hard way, I was so obsessed with planning to be a future whale so I kept holding every single altcoins I earned or mined, after three years of waiting all those coins goes down to the extent of no return, they are so far from recover and almost died, most new altcoins are bad for long term holding, one need to be careful with new altcoins
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Hello all! Thank you for taking the time to read this, Ill try to be short. I have a mining rig I built with 8 gb of ram, 24 gb of virtual memory allocated (hard drive) and TWO gtx 970 4gb graphics cards (8gb total of gpu ram). and an i5 4 core processor. my display is using my motherboards integrated graphics card. I assumed this would be enough to mine even the crappiest of altcoins but it doesnt work. I cant mine zcash, I cant mine ravencoin and I cant mine eth (not suprised by eth) I have tried 20 youtube video tutorials setting up a simple mining operation but NOTHING works. I always get "cannot write dag file" from the eth miner or "memory dump" from the raven miner What the heck am I doing wrong? I am very confused and thought this would be simple. I've already wasted a lot of money on this and would love some help. Thank you  You should have done some research on the most profitable gpu before buying gtx970, I'm wondering how much you got one, buying AMD RX580 or even gtx1650 which is better than gtx970 is still very Profitable for mining today and it's far cheaper, you can get used of this new cards on ebay |
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First of all - 1660super, not 1660ti. Second - electricity consumption. 1660s uses about 70-90Wt and 580 uses about 110-120Wt. Third - 580 mostly using for ETH mining. And there is algo octopus right now, that makes mining with 1660s more profitable.
You have to choose between maximum hashes right now and more energy efficient GPUs with a huge choice of coins.
There will be no need to choose energy efficient GPUs over mining hashrate if there is free electricity, the amd 580 wins the race here, for someone who doesn't care about return of investment I think going cheaper will be the best choice, 580 draws more power but they are cheaper, that says it all You mostly right. But in most cases "free electricity" means stolen. And the fine can be greater then profit. So in the main conditions, then the electricity bills contains a rather big part of your profit you ought to count costs. Hmm, well said, there is no such thing as free electricity, it's either OP is stealing electricity or another person is paying for the electricity 🤔, if this is the case then I wouldn't call it mining, I have free electricity too but that's because I'm living in my father's basement lol, that ain't free if one thinks deeply about it |
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PayPal have been a victim to scammers in the past, they have every right to be very strict nowadays and I'm sure that the victim isn't revealing everything that went wrong on his own end, there must be more to this story than what we've been told, also after doing few diggings I saw the news that says the user account was banned after it's technical system termed his frequent crypto trading as 'item SALES'. Doesn't that supposed to ring a bell?
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ebay and if they dont move ewaste.
Are you sure that people will be willing to buy these old graphics cards? I doubt they would because there is no reason why any one would want to buy outdated gpu today, they are not even good for gaming and they are high electricity consuming cards, if it's still R9 380 variants it would be better |
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Whattomine is a popular crypto mining information website, they have their reason for not including new altcoins on their platform probably maybe because of too low trading volumes? Today the most profitable coins are still
1. Ethereum.
2. Haven Protocol
3. Ravencoin
Gtx1660ti will still do better mining these coins than mining new altcoins that have no good trading volumes
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