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281  Alternate cryptocurrencies / Mining (Altcoins) / Camera on mining rigs - what do you recommend on: July 17, 2017, 12:22:15 AM

I want to set up a camera on my mining rigs...what are you using?

Of course, I want to monitor it over my network (and from my phone)

So many choices on Amazon, what do you recommend ?
282  Other / Politics & Society / Re: Revolution ongoing in Europe? on: July 16, 2017, 11:26:20 PM
I am against Democracy when it results in situations like my country.

The best way to describe my country is:

2 wolves and a sheep voting for dinner.

I like this metaphor...

What country do you live in?



EDIT: 2011, oppps, didn't see the date
283  Other / Off-topic / Re: Anyone shop at Harbor Freight? It's okay to admit it... on: July 13, 2017, 05:11:15 PM
Please ... because it's a human right ...

It has great prices, I buy a lot of tools there...not power tools though.


The tool boxes are nice also.
284  Other / Off-topic / Re: What is your favorite movie quote? on: July 13, 2017, 03:16:48 PM
Should we do an Arnold Schwarzenegger movie quote thread...because he has so many iconic one liners, although not very deep
285  Other / Off-topic / Anyone shop at Harbor Freight? It's okay to admit it... on: July 13, 2017, 12:02:53 PM
Anyone shop at Harbor Freight?


What do you buy?


Do you pick up anything related to mining?
286  Alternate cryptocurrencies / Mining (Altcoins) / Re: Friends coming at me with 40-50k to invest into mining rigs on: July 12, 2017, 01:24:21 AM
Take that money and buy Eth. It's so cheap right now!

Word on the street is...it's going lower
287  Alternate cryptocurrencies / Mining (Altcoins) / Re: Friends coming at me with 40-50k to invest into mining rigs on: July 11, 2017, 10:21:46 PM
40 -50 k is chump chnage right now due to the high cost of GPUs , you cant even build a real farm for that.  I spent probbaly 60k last year on my farm 250 or so GPUs , including mother boards risers etc  :  now 60k buys what

100 gpus ? and thats not counting all the boards PSU whatever so really only 75 GPU at current prices.


Thanks for the reply, it's good to know what other's have done/are doing.


Was shooting for 100 GPUs no matter the cost...overall it's not a lot of money to this investor...just testing waters.


It's really becoming about the opportunity cost for me and the investor...



I have a question, how did you accumulate your 250 gpus?





288  Alternate cryptocurrencies / Mining (Altcoins) / Re: Who is planning to sell their new gpus? on: July 11, 2017, 10:13:17 PM
I'm Hodling my 7x  1080 ti miners.  Just bought them a month ago,  i'll mine them 24/7/365 till i go homeless,  I don't even care if i'll mine at a loss with the  rising difficulty and crowded space. 



That's the spirit!
289  Alternate cryptocurrencies / Mining (Altcoins) / Re: Is 2gb graphics card enough for Zcash mining ? on: July 11, 2017, 02:43:05 AM
im thinking about creating a mining rig.there are various coins in my mind.but i want to know this 4gb or 2gb card enough for zcash mining ?


Go with 4gb
290  Alternate cryptocurrencies / Mining (Altcoins) / Re: Friends coming at me with 40-50k to invest into mining rigs on: July 11, 2017, 02:37:08 AM
A friend wants to get into mining...he knows I use to mine Bitcoin...he has 40-50k to invest into mining rigs.


I told him about the risks...we are meeting later today to talk more about this.


He already has a warehouse...and 50k is not that much to him, but as a business person you never want to lose ANY money.


I think he can make the money back, but it may take 6-12 months; and as you miners know, NOTHING is guaranteed.



What do you think, bad time? Isn't it always a bad time?


Also, what should I charge, I will be doing everything including maintaining the rigs...I was thinking 15-20%.








I am in a scenario very much like yours and am very curious as to where your head is at with it all.

For me, I've been mining as a hobby for a year and a half or so but have been into crypto since I discovered silk road lol.. But I was constantly trying to get my family to shift their holdings into something that offered a more secure store of value with an extremely high upside with prices rising over the years.

Now they've all shown up on my front door wanting to throw money at me lol

Trying to decide how best to go about this mitigating risk as much as possible as even though I have been fortunately successful trading, we all know it might as well be gambling some days. Your input would be greatly appreciated

I'll keep you updated...a lot of the negativity is because difficulty has skyrocketed, but I believe ETH/BTC will all be at record highs by the end of the year.

In our case it's not the 50k that we worry about, it's the "opportunity cost" aspect.
291  Bitcoin / Bitcoin Discussion / Re: Bitcoin is instant way to get rich ? on: July 10, 2017, 04:06:53 PM
what do you think about this topic?


Even when bitcoin was under $100, you still needed quite a bit money to "get rich".

292  Alternate cryptocurrencies / Mining (Altcoins) / Celeron Skylake vs Kaby Lake = different temperatures - 5 degrees Celsius diff on: July 10, 2017, 12:53:43 PM
Celeron Skylake vs Kaby Lake = different temperatures...



Skylake G3900 (2.8ghz - 65w) runs at 30c


Kaby Lake G3930 (2.9 - 51w) runs at 35c


Kaby Lake 5 degrees Celsius higher



Same motherboard, using each it's own stock fan that came with the cpus...


small note: kaby lake g3930 fan did make a little noise at the start, but that has gone away
293  Alternate cryptocurrencies / Mining (Altcoins) / Re: Friends coming at me with 40-50k to invest into mining rigs on: July 10, 2017, 04:14:53 AM
I will answer your question flat out.

Yes do it.
He provides the capital and space to run the equipment.
You source, assemble and run the equipment.
You split the income after expenses each month as the two of you agree 80 for him 20 for you or what ever you agree to.
He owns all the equipment and you are expertise.

Maybe don't just go GPU rigs, maybe throw in some L3+, or x11 miners too if you can so that you are diversified in the Algos and coins you can mine.

Get the agreement in writing and both sign it.

Just do it. Right or wrong, good or bad, profitable or not,  will not be known until 6 to 12 months have passed.

Then come back and let us know how it worked out. Maybe give us some updates along the way.

Good Luck!     

Great post, thanks.
294  Alternate cryptocurrencies / Mining (Altcoins) / Celeron CPU stock fan, do you keep or replace with a better one on: July 10, 2017, 12:43:43 AM

Celeron CPUs come with little fans, even though we aren't taxing our CPUs, do you keep them or upgrade them?
295  Other / Off-topic / Re: Evolution, Universe and our purpose on: July 09, 2017, 10:47:20 PM

Evolution needs few things to work, it is basically a search optimization method


Overall great post, but I'm not so sure about the quote above...

Looking for the link...
296  Other / Off-topic / Re: Should I Go To College ??? on: July 09, 2017, 05:58:28 PM
It would be interesting to know the number of people with or without degree working at mcdonalds.

Btw. Mcdonalds in germany are in the transition of replacing humans with booking tablets.
They are firing human cashiers on mass.


Lets look at reality how many einsteins didnt visit university? Roll Eyes


@op

The answer depends on your needs and wants for the future.
If you want to work at mcdonalds dont go for college.


Are they going to tax the robots?

There was a bill in the Europe to tax the robots that are replacing humans...

"European parliament calls for robot law, rejects robot tax"

http://www.reuters.com/article/us-europe-robots-lawmaking-idUSKBN15V2KM


Bill Gates disagrees:

http://www.businessinsider.com/bill-gates-robot-tax-brighter-future-2017-3


Back to college:

It's a must...but it is expensive. Go if you have the opportunity.


297  Other / Off-topic / Re: Is government the problem - 11+ "taxes" to own and drive a car on: July 09, 2017, 03:18:08 PM
You are right, it's not only in America, it's in every country in world.
I am not sure why you are so surprised about taxes, if you don't want to pay tax don't drive car.


My apologies if the message wasn't very clear...it's not the TAXES per se, it's the PAPERWORK and the hassle...in general, look at the paperwork involved with anything regulated by the government. Ironically their job is dealing with paperwork, so they in effect, they create their own job security.


So it's not the amount you have to pay to own a car, it's how it's all TACKED on...

For example in my state, they got rid of the county stickers, only to bring them back a few year later...they did the same with the property tax.

They are all over the place, I want it simple...as citizens we don't get paid to shuffle paper.


298  Other / Off-topic / Is government the problem - 11+ "taxes" to own and drive a car on: July 09, 2017, 02:23:42 PM

Seems like ALL governments love paperwork, it almost like government exists to create paperwork...how lucky - they create their own job security.


To own a car in America, there are at least 11 taxes, fees, or costs associated with it:

1) The Car itself
2) Gas Tax
3) Tags - License plate
4) Property Tax (can be yearly)
5) county sticker
6) Sales tax on the purchase
7) Emissions
8 ) Safety Inspection
9) Parking/other tickets (used to raise revenue)
10) License to drive
11) Insurance


Am I missing anything?
299  Other / Off-topic / Re: Why is life so hard/complicated? on: July 09, 2017, 02:19:51 PM
It's probably the government...in all its infinite wisdom they make everything so complicated


To own a car in America, there are at least 11 taxes, fees, or costs associated with it:

1) The Car itself
2) Gas Tax
3) Tags - License plate
4) Property Tax (can be yearly)
5) county sticker
6) Sales tax on the purchase
7) Emissions
8 ) Safety Inspection
9) Parking/other tickets (used to raise revenue)
10) License to drive
11) Insurance


Am I missing anything?


300  Other / Off-topic / Worse Toy(s) invented / mass marketed on: July 09, 2017, 02:08:33 PM

What's the worse toy invented and/or mass marketed



For me it's the DAMN blind bag Pokemon cards packs.



Blind bags are basically gambling for children and then on top of it, you have Pokemon cards which are practically worthless.

How did the concept of the "blind bag" get past the FTC...but I guess they have been doing with the baseball cards for YEARS....


Kids are going crazy for Pokemon, I'm sure it's driving parents MAD.



Second is the bottle flipping BS, but at least that doesn't cost anything.


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