Nothing is profitable nowadays so what I would suggest mine a coin that you believe to have a bright future and make some of them,you can also change in different coins that you believe as you may believe in different coins.You can also mine other coins and exchange them in the coins you believe,there is the only way to make this card profitable in the long run as for nowadays I keep running my GPU with 2 x 3060 ti and I am mining Raptoreum because that is the coin I believe in from the alt coins and the card consume less energy,options are there,you just have to be creative.
Multiple graphics cards can be used at home without any problem because the power costs will be low. But I see a trend that gpu miners are now getting rid of video cards and installing asics in their place, because asics are more profitable and easier to manage than constantly choosing profitable algorithms for video cards. Gpu mining is still hurting. Maybe in the fall but now not much at all. |
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With central banks struggling to keep inflation under control, people are beginning to lose trust in the traditional financial system. Some politicians (eg: Javier Milei) even suggested to abolish central banks as they're the main cause of the world's economic problems. If the global economy continues to deteriorate, do you think central banks will collapse? If that happens, it will be the end of Fiat for good. In such a scenario, do you think Bitcoin will become the currency of the world? What's your opinion? Your input would be greatly appreciated. Thanks.  I think a full collapse of the central banks will kill off millions of people. It would be a disaster beyond anything we have ever seen. I also thank god that all my kids are dead. Just me and the wife plus we are 67 and 68 years old and will likely die before the collapse happens. I feel deep sorrow for those under 50 and they will likely live long enough to suffer a lot when the collapse happens. |
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S21 is better than T21, most of our clients choose S21 instead of T21
the s21 is not worth the extra money than the t21 in almost every case. model s21 t21 hash 200th vs 190th price 3780 vs 3059. you save 710 usd the mode is about 210 so you save about 500 bucks. watts. 3700 vs 3700 the t21 ships faster 10 th earns 50 cents a day. so it takes 1000 days to make up the 500 extra for the s21 and I am not counting that you can sell the psu that you pull out for 250-450 on ebay https://www.aliexpress.us/item/3256806711358754.html?plus the power cord https://www.ebay.com/itm/186397914642?So if you get 300 for the oem psu and the power cord you were paid to do the mod this mean you save 800 on the t21 not 500 at 5 a day that is 1600 days before the s21 goes past the t21 So I kind of feel sorry for people that did not go for t21's and mod them like I did. Now if you read all that I said I was pissed to start when I found out I need to mod my gear but I ended up making out better with the t21's I think any hands on person should consider the t21 as pretty much an equal to the s21 |
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Do you know you shipped the covers out the other day and in under 10 hours bitmain shipped my remaining t21's I will soon have 3 of them up and running. |
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As I posted elsewhere on the board. There is equipment in locations that are under contract. Many data centers don't care if you have 10 racks that are burning all the power you are contracted for or have 10 empty racks. So long as you are at or under the allocated power of what your contract says you are paying your fixed contract rate. So even if you are mining at a loss you will keep mining since you will have less of a loss generating some coins vs no coins.
So when looking at the overall picture without taking into account things like that having people mining at a loss seems illogical, but there are reasons.
-Dave
Right now I can get some hosts for my gear. I could do 3 s19xps I could do 3 t21s modded to 230 volt 1 phase I could do 2 L7 units. About 26kwatts an hour. Small not big pay 7 cents. And a 2 year contract prepaid for six months. If I did that all that gear would mine since I am paying for that power for at least 6 months. |
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yeah credit and tax laws are pretty twisted in the usa. 🇺🇸
I have spent over 1,000,000 usd in credit cards last 30 years. I paid under 100 in fees and interest and collected over 25,000 in rebates on that million . I am a small business yet I can get really good credit.
so good that it is easy to get 50k in gear with no interest for 12 months and a 2000 dollar rebate.
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https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 842789 (10 minutes ago) Current Pace: 102.2158% (102 / 99.79 expected, 2.21 ahead) Previous Difficulty: 88104191118793.16 Current Difficulty: 83148355189239.77 Next Difficulty: between 83380646424767 and 85565224652655 Next Difficulty Change: between +0.2794% and +2.9067% Previous Retarget: Today at 6:53 AM (-5.6250%) Next Retarget (earliest): May 22, 2024 at 11:36 PM (in 13d 0h 5m 5s) Next Retarget (latest): May 23, 2024 at 6:10 AM (in 13d 6h 39m 0s) Projected Epoch Length: between 13d 16h 42m 59s and 13d 23h 16m 53s less than a day in. we were as high as +11% we are now+2% time will tell |
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buddy is blocked and battered time and time again
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biden be battling bitcoin buddy and badger.
rule after rule law after law.
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Personally, i think all services that are rubbing shoulders with regulators (that we consider privacy focused) are going to be banned at some point. I am seeing the trend and we are headed for that direction. This will include no KYC exchanges, coins like monero etc.
Just a matter of time.
that is the future and it will go back to a paper bag with cash in it when you want to move wealth on the sneak. crypto will not get used for sneak hidden wealth movement. |
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In the first place — why would 'blockchain' not survive? Blockchains will work totally fine without mixers and coinjoins and stuff. I'm all for privacy, but everyone simply isn't interested in it whether we like it or not. Only a minority cares about self-custody and being self-sovereign; a lot of people just want to use it just as an investment/hedge.
And yes, even without privacy, Bitcoin and blockchains would still be useful, just as these are still very useful today despite privacy being very minimal.
they lose a lot of value if your tx can be blocked and frozen. I am in country x it is invaded by country y I flee go to country e. the winning invading country (y) asks for the tx to move my coins be frozen. my only crime was living in a losing country (x) |
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That's probably because you haven't tried to live sustainably like growing your own garden where you can get all the stuff you need like food. If you actually know how to live in a farm, you can easily live out of the stuff that you maintain and grow there. Sure it might need money first but when things get going and you make it grow even more for yourself, you probably won't be able to rely too much on money anymore. So yes, in some way, money will never be all wealth, if you're talking emotionally, spiritually, there's more to things than just money to be called wealthy.
If you divide fresh water land and ocean equally for all 8 billion people each of us gets .33 acres of fresh water lake/stream/river 4 acres of land 12 acres of ocean. it simply is far too little resources for people in general. we would be much better off at the size of 400 million people or having 20 planet earths. Does not matter what you want to call wealth you can see from above there really is not much on the planet. Btw time matters no one gets 150 years worth of time. Do I consider money wealth no I don't I consider fresh clean water land that is not wasted and polluted ocean that is not wasted and polluted and time which includes good health to be the most important aspects of wealth. |
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.....
EDIT: This blue looks nice.
Have to agree on the blue. I Modded it to bold. Yeah.. blue might be a little easier to see than green (I am not sure if bold is necessary) - especially if people have variations of color deficiencies and/or color blindness, which sounds like philip's is more severe.. I have color deficiencies too.. but not even close to as bad as philip's since I don't have any problems with traffic lights and things like that, but there are variations of greens that I cannot distinguish from each other... maybe some other colors.. I don't know why people are pointing and laughing at the colors of my clothes choices... If green is large enough I can tell it is green And not red |
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i dont see the US dropping crypto custody in US banks
the BIS (bank of international settlements) is getting ready to allow banks to be able to custodianise cryptos from january 2025
if america opposes it, it further separates america from integrating with the international financial networks. which means creating a bigger canyon between america and europe/asia which will then strengthen crypto's stance in things like the EU and brics commonwealths
I guess I am pretty much fucked to be an American. |
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Focus on the big picture rather than the small details.
at op listen read and follow this advice. |
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The prices on Ebay are still pretty high IMO, S19 xp goes for $2500++, it's about 22w/th , and costs roughly $18 per TH, on the other side, a brand new Whatsminer M60 which is a 19w/th sells for $22/th , so that's just about $4 per TH but it is 13% more efficient and is brand new. For it to sell at these prices, the difference needs to be worth it, i would say a fair price for a used S19 xp in todays world would be in the $14/th range. eBay is always a bit higher than private sellers that want only crypto to pay. also eBay protects the buyer. and eBay allows a cc plus cc can allow six months interest free payments. also cc gives discounts and rebates. So 2400 for a 134th s19 xp is pretty decent as all of the above has value. https://newhedge.io/terminal/bitcoin/difficulty-estimatorLatest Block: 842628 (30 minutes ago) Current Pace: 94.3599% (1957 / 2073.98 expected, 116.98 behind)Previous Difficulty: 86388558925171.02 Current Difficulty: 88104191118793.16 Next Difficulty: between 83162523270790 and 83166518562300 Next Difficulty Change: between -5.6089% and -5.6044% Previous Retarget: April 24, 2024 at 10:45 AM (+1.9859%) Next Retarget (earliest): Tomorrow at 6:48 AM (in 0d 10h 24m 14s) Next Retarget (latest): Tomorrow at 6:50 AM (in 0d 10h 25m 15s) Projected Epoch Length: between 14d 20h 3m 59s and 14d 20h 5m 1s some down turn in hash. 88t to 83t |
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screen shot in case a deletion screws up count  |
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you can buy bitcoin until the day you die.
so it better not be my last chance to buy btc as I won't be ready to die until I am past 100
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With changes to the hashrate that are that steep I have to guess the biggest changes in hashrate are coming from large operations that make a point by mining in Ocean. Or perhaps also have found it might be more profitable to mine under the TIDES payment scheme after a block is found because of the way it rewards luck.
So you want to ignore the obvious facts that exist on the longest blockchain the world has ever known and assume some things that only exist in your imagination? how does that work? Ocean pool leaves a ton of money on the table, look at this block https://mempool.space/block/00000000000000000002509da9476db6f578ae8d2bd81d83b992ea37b68db8d1it has a terrible health score, the pool included some 50+ sat/vByte transactions and left some 140+ sat transactions, anyone who thinks they are somehow magically making more profit mining on Ocean is either clueless or plain stupid, you may argue that they are doing this for the sake of BTC because they think inscription are bad, but you can't just claim they are somehow making a good profit by not mining high paying transactions. Large pools that found most of the halving blocks have mined more BTC in a single day than they would in weeks, you know how terrible Ocean's rewards would seem if they found a block around the halving when inscriptions were paying 35-40 BTC/block? just imagine that you have a 100ph of the 1000ph Ocean has and on that day you received your 0.325 BTC when you could have made 4 BTC on that same day had your pool mined those transactions.! Ocean Pool was very lucky they didn't mine any of those blocks. there is a lot of push for perfect kyc translation censoring of transactions if i were running a big mine say 1 or 2 eh and it was usa based i would put some gear in this pool just in case the usa forces full kyc and tx censorship. I am thinking a lot of people mining there has usa mines and are prepping for new 🆕 restrictions for usa mining ⛏️. |
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T21 stock firmware errors out on APW12, so you would need aftermarket firmware to run after swapping PSU from APW11 to APW12. For the fully assembled 'T21 transformer' we just ship with vnish on stock AMLOGIC control board. We have tested this build with both ePIC UMC and MARA UCB and it works with both, but they do add some additional cost to the build.
Both these CB options are nice since they have zero dev fees , so will likely pay themselves off over time.
But if you're looking to save on upfront cost, you can just flash luxos or vnish on the stock AML CB and it works fine.
Now if your T21 came with a CV1835 control board, that changes the math, since there is very few firmware option available. In this case, your best bet is to just remove the stock CB and replace with epic or MARA.
Yeah I had the cv1835. I ORDERED and received some epic boards for the two t21 units coming this month. I rave on about epic boards as I have found them to work better than any board I ever used. I will end up needing 3 covers to prevent shorts. The electric resistant duct tape is sloppy looking. I have a ton of psu's from my s19s. I hope to end up with 4 or 5 miners once I sell off all my other gear. One L7 THREE MODDED t21's Maybe a gpu rig. Oh two nano 3's This would do about 14kwatts an hour. |
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