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1  Economy / Lending / Re: [CLOSED] Something small / short-term... on: April 04, 2013, 02:59:14 AM
I'm still on the road, haven't made it home yet. When I pm'ed you the other day I told you I'd be reporting back late at night and not to worry. But I guess there's a major gap in our time zones. Im hoping to make it back home in a few hours. I'm posting from my friends iphone....he's driving. Will be in touch when I'm home.
2  Bitcoin / Mining support / Mining: Questions, Problems & Questions... on: April 03, 2013, 04:38:55 AM
Well... how to begin? I sold my holdings in BTC into these high prices and I've begun making significant investment into mining -- particularly for Litecoin mining, as I think the the LTC/BTC ratio is about to begin tightening up quickly and that Litecoin will be bubbling up violently in price. I really want to capture some of that action. So my partners and I here in Baton Rouge have begun accumulating lots of hardware and a respectable amount of hashing-power (at this point mainly high-end GPUs for LTC/Scrypt mining). And quite soon I plan to write completely new software for venture, though that's beside the point. Anyhow, I've been having some trouble setting up and configuring some of this equipment and I've lost a lot of time fighting with it (and thus I'm missing out on my profits for this first frame of time). So some help here would be greatly appreciated -- I am known to be generous with my coin when someone takes their time to help out with technical problems.  Wink

1) Overheating Problems

The first major problem I'm having is with my main work desktop. The problem is that it keeps overheating and crashing during mining. It was fine when I was just running 1x ASUS HD-6970, which was giving me ~500KH/sec for LTC mining running in "top gear". But I just added a new XFX 7850 into my second (and last) PCI-E slot, and the two cards together seem to be heating each other up and killing themselves. There is only an inch or so of space between them, and they are two very different cards and seem to have very different temperature ranges/tolerances. I've tried taking off the side panel of my case (I have an Apevia Telstar case) and putting a small desk fan blowing directly onto them at full speed but that only helps a little, and I have to keep my entire apartment cooled to <= 70 F... this is a fairly big apartment and that is of course too wasteful in terms of energy consumption, so I need a solution for this... I have a few questions/ideas concerning this:

A) Are there any ways I might be able to keep the temperature lower and cool my system?
B) Are there any ways to better configure my miners to help with the heat?
C) Are there any products or "things" I can buy to solve the problem?

2) Fighting with Linux... sigh...

Yesterday we went to "PC Heaven" here in Baton Rouge and bought all the components needed to build a new machine to serve as a mining platform. I finished the build within a few hours last night, and it's a very nice machine. Right now there's just a single HD 7850 in it as a "place-holder", but it will soon be running something like 3x HD 7970s. Since I don't have an installation DVD for Windows handy, I went ahead and installed Ubuntu Linux. But I've had nothing but problems...

For starters, Ubuntu likes to just suddenly freeze for absolutely no reason. Mind you this is a clean install that hasn't been tampered with running on a brand-new machine in pristine condition. The UI shell misbehaves quite frequently (e.g., you try to maximize a minimized window and it pops up as a transparent frame). Sometimes it will get very slow/laggy for no reason (nothing running in background). It also will not connect to the internet directly when I plug an ethernet cable into it. Thus far I can only connect by using a USB wireless adapter and connecting to the router I just set up. Sometimes the mouse, keyboard and all other USB devices will suddenly just turn off and stop working. I've tested the hardware and I'm positive it's not the machine -- it's the OS. Since my experience with Linux is very limited I would like to chalk it up to "newbie mistakes", but that is not the case... still a fresh installation (just reformatted and reinstalled it clean again) and I haven't tampered with system confirguations whatsoever.

The main problem, however, is that I cannot get the AMD drivers to install for the HD 7850. I run the installer (which is a total pain in the ass in Linux lol) and it immediately halts and says I do not have the proper "tools" to complete the installation. It gives no error codes, no exception message(s) and no other explanation. It doesn't even explain what these "tools" are, nor does it offer any alternatives other than using the "-force" option which it warns may cause system instability. What the hell is going on here, and how can I get these damned drivers installed so we can mine? Time is of the essence...

3) Mining Rig Builds

I'm thinking about how to build better and more efficient mining rigs and GPU farms, but have some questions about it:

1) Are there any decent alternatives to building an entire desktop machine to run a GPU farm? I'm interested in smaller, more efficient and lower-cost systems...
2) Would it be of great benefit to buy PCI-E extender cables and run our GPUs externally? I see an immediate benefit in terms of cooling (i.e., can use water-cooling)...
3) I have been told that PCI-E bandwidth (e.g., x16 vs x8) is less important in mining... how much truth is there to this? I've been told even x1 is good enough for mining.
4) I've found a few places that sell PCI-E "splitters" which enable you to connect more GPUs to your mobo. Would it be safe/practical to use these, and what limitations are there?
5) Any other helpful ideas/advice on building good machines to serve as miner platforms would be great!  Cheesy

4) cgminer Configuration

It's taken a lot of work to figure out how to configure cgminer and get everything working. But it seems people have wildly varying/conflicting ideas on what parameters to use for the same GPUs. The settings that concern me most are thread concurrency, GPU threads, worksize, intensity/aggression, etc. I've found a few guides on where to derive the values of these parameters but everyone seems to have wildly different ideas about it. Some settings people use seem absolutely outrageous (trying some immediately crashed system lol), whereas others are way too weak...

Are there any truly reliable sources of information on this subject? Or is this a hit and miss affair? It seems to me that each GPU would have an optimal range of settings based on its specifications, architecture and capabilities... but as of yet I've found no concrete formula for figuring this out and have just had to do wild and whacky experiments until finding values that seem to work...

4) Miner Networking

This is perhaps the most important thing to me... I'm currently solo mining for LTC, and I want all of my machines to work together and make the most effective use of their hashing-power. On my main work desktop I'm running Litecoin-QT in -server mode and have both of its GPUs running in tandem solo mining. But I'd like to point my other machines at it too and have them all work together and share work. So what is the best way to accomplish this? As of right now all the machines are in my office on the same network, but by tomorrow we will also have machines running in neighboring apartments on the same T-3 network and others running in other locations. How do we configure the network settings so that they all work together?

Are we going to need to create our own private pool that all the miners/slaves connect to? If so, what's the best mining pool software that is currently available and where can I get it and instructions on how to use it? Eventually, once I get my bearings in mining, I will write new software to perfectly fit our needs but for right now I'd just like something that will get us started.

As for the miners running in my office on the same network, couldn't I configure them to work together without going "all-out" and creating a private pool?

Any help with this is GREATLY appreciated... I know it's a huge wall of text and a ton of questions, but unless I ask I'll be losing days or weeks of time figuring it out on my own the hard way. If anyone is kind enough to assist us during this early setup phase I would be more than happy to share a bit of our block rewards.  Smiley

Regards,

--ATC--
3  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 08:35:59 PM
And I know what you mean by the previous statement. Maybe because he's "coding" so he needs the exact input to have output.

Pray tell, what exactly do you have against me doing some programming?  Roll Eyes

It is not that we have anything against coding, but that you refuse to understand statements or questions unless they fit your predefined rules. He is saying that your cognitive abilities lack flexibility.

Nah, he's made several nasty remarks about it before this...

You have to admit that the people who bought at $30 (the real real real long players) will be pretty happy with the recent price and their trust in bitcoin was deserved.

Sure they are... but if they don't ever sell and it drops right back to earth they didn't actually make a profit. I started buying coins at $12. :-)
4  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 08:19:46 PM
And I know what you mean by the previous statement. Maybe because he's "coding" so he needs the exact input to have output.

Pray tell, what exactly do you have against me doing some programming?  Roll Eyes
5  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 08:00:46 PM
Does it really matter to you when is he going to buy/sell?
considering his record of failed TA's and conclusions, I wouldn't take any advice from this guy. Just a warning! Smiley

I know, whereas you possess all the qualities of a great money manager and financial advisor... rash, arrogant, emotional, leaping to conclusions, uncompromising, difficult to get along with, condescending, general know-it-all attitude... we should all hire you to manage our money!  Grin
6  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:54:58 PM
If price crashes due to bad news (hack, glitch, regulation, etc.), would it count as an accurate forecast or just be a wash?

If the price explodes to $200 because of an unforeseen factor would that count as being wrong? You would say so, wouldn't you? deathcode would even try to take credit for it lol. Smiley

Unforeseen events are part of the market. I still don't understand why we're arguing about "right" and "wrong"... this is trading. Everyone is wrong.


@ deathcode:

No, you thought you understood, like you think you understand a lot of other things but actually don't (e.g., the entire thread, TA, risk management, finance, etc).  Cheesy
7  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:52:05 PM
You didn't answer my question at all. Either the price will go up or it will go down, do you have a price where you start buying back in?

To the downside or the upside? You didn't specify so I didn't know how to answer...

OK, let me make the question clearer for you to understand (I guess I had rolled two questions into one, so let me split them out separately):

First question:  If the price of bitcoins continues rising, at what point do you say "I could make some money by buying bitcoin and riding this wave up" and buy back in?

Second question: If the trend reverses and bitcoin price starts dropping, at what point do you say "I better buy some so I don't miss the bottom" and buy back in?

This I can answer...

First answer: It depends. I don't have a concrete number in mind. It's going to depend on whether or not the market shows enough stability to justify assuming more risk and what prices we're trading at that point in time. It would be an opportunistic trade decision...

Second answer: I'll start buying in an upright pyramid fashion between $60 and $55, and continually buy more as it drops to keep averaging my cost lower and lower.
8  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:48:42 PM
You didn't answer my question at all. Either the price will go up or it will go down, do you have a price where you start buying back in?

To the downside or the upside? You didn't specify so I didn't know how to answer...

Either the price will go up or it will go down, do you have a price where you start buying back in?
Either the price will go up or it will go down, do you have a price where you start buying back in?
Either the price will go up or it will go down, do you have a price where you start buying back in?

Should we tried a different language? Maybe french??? Spanish?
I don't know, because in english that's a very clear question and before that, it was a clearly stated as well:

"At what prices are you going to start buying in again? As it goes up, where do you admit you were wrong and buy back in, or as it goes back down where do you start getting back in?"

Are you sure you went to school?

Man, I can only imagine your coding.... LOL

What are you even trying to say, dude? Was this supposed to hurt my feelings?

The question is unclear... it does not specify if he means to the upside or downside. Is he asking me where I will start buying Bitcoins if the price falls (lower prices) or if he's asking me where I will start buying coins at a higher price if I felt I was wrong and tried to get back in. Obviously, this one question would require two different answers...

You would be surprised by my coding... much better than your reading comprehension and writing.  Wink
9  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:43:22 PM
Tune into CNBC quick.... they're about to discuss Bitcoin.
10  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:24:22 PM
You didn't answer my question at all. Either the price will go up or it will go down, do you have a price where you start buying back in?

To the downside or the upside? You didn't specify so I didn't know how to answer...
11  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 07:02:59 PM
At what prices are you going to start buying in again? As it goes up, where do you admit you were wrong and buy back in, or as it goes back down where do you start getting back in?

If the rally just continues on from here without looking back then I will have been "wrong". There's not a "magic number of wrongness", but rather it would be time and stability that could prove me wrong. But thinking about this in terms of "right" and "wrong" is a bad way to think of it. No one can always be right, and everyone should prepare to be wrong... you can be "wrong" for the "right" reasons (e.g., reducing your risk/exposure to prepare for retirement and missing a big rally in stocks) and vice-versa (e.g., getting lucky on a big gamble).

But I'm still holding my position, still a bear/skeptic. Exhaustion move is in play and eagerly anticipating some interesting action in the days to come. :-)
12  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 06:23:29 PM
You don't even know what you're saying anymore dude, I think you're better off unplugging from the Internet for a while, it's eating up your brain LMAO.
I hope it doesn't affect your "coding" abilities and not sure what do you mean by coding, but that's a whole different topic...
You're lucky employers can't see all this arguments, otherwise you'd be looking for a while! Smiley

Lol I don't know what I'm saying? And you're the one who doesn't understand the difference between long-term and short-term? Haaa... Roll Eyes

Here's an example:
http://qvmgroup.com/invest/2013/01/20/goldman-sachs-short-term-bullish-long-term-bearish-call-on-gold/

^ But I guess Goldmann-Sachs is stupid too?  Roll Eyes

It's very common for someone to have a different opinion about the long-term potential of an asset from what they expect in the immediate short-term time-horizon...

By "coding" I mean developing software. I write C, C++, C# and some assembly language.

13  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 05:54:42 PM
Lol looks like someone is angry now  Cheesy

I don't even have time to read that crap... I told you this super-rally is nearing its end... I said it may just break down quickly in a more orderly decline, or we might have a blow-off top. I spoke about it in terms of a couple weeks. It's only April 1. We're now in the midst of the blow-off top I warned you was a possibility.

^ No straddling the fence. Net bearish was, net bearish remains... Enjoy.  Smiley
14  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 05:19:30 PM
lol all I see is bears getting slaughtered.

Actually, this bear is enjoying a beautiful morning, doing a bit of coding and hasn't got a care in the world.  Smiley

Please bring more of your Political TA to the table. It is entertaining. Oh and it isnt just me calling you out on your wishy washy TA.

Yeah, you and deathcode need not send me a wedding invitation... I'm just happy you've found each other and have so much in common.  Roll Eyes
15  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 05:11:05 PM
Battle is won, you sold at $75 ish...

I started selling at 75... when I buy or sell coins I do so in "pyramid" fashion, much like when I trade stocks in a cash account (because there's no leverage here either). My last sale was at $96.XX-something. I knew I wasn't going hit the "perfect top" (trying to do so is a great way to fuck up), but I got a good average price for my coins. Now I have time and comfort to sit here and watch the... slaughter?  Cheesy

How is your Politician's Technical Analysis working out for you?  Grin Grin Grin

Great! It has been very lively, and attracted lots of your kind. Smiley

If I had to say so... I would say that you're actually the one who plays the fence with your troll mask. Just like when you were wrong about the Litecoins, you pull out the troll mask and say "NOOOO I WAS JUST TROLLIN GUYS!!!" and use it to cover up your mistakes. I suspect you'll do the same when bitcoin gets taken to the woodshed.

Awww you had to resort to "dick" jokes ....sad just sad lol

lulz
16  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 04:51:08 PM
This is what you call playing the fence so you are never wrong...


"well maybe this...maybe that...but definitely going to sell my bitcoins to buy back lower...blah blah blah"

OWNED!  Cheesy

You must be a premature ejaculator too... Roll Eyes

Being bearish is not playing the fence. I told you that if it makes one big stupid jump to 100 or beyond you'd better be damned careful, and here you are pretending the battle is won. It's not.
17  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 04:43:29 PM
hahaha, so basically, your TA loks like a politian's speech. You cover all the angles just so you're not "wrong" ever! hahahha
Sorry I broke my promise of not giving you shit, but you deserve every bit of it, especially with your follow up comments...
How are those profits working for you? did you make enough to fix your car? Smiley

That does not "cover every angle"...



Covering every angle would be saying something like "It's either going to go lower or higher". And I still say it's going lower. A lot of bubbles and rallies end with an "exhaustion gap" or one big, final move before breaking down. As I described before, this is how the great 2011 silver rally ended.

Your promises mean nothing to me (you never kept any promises to begin with). So I really don't care. Just go buy those coins, buddy. It's a great day for fools.  Wink
18  Economy / Speculation / Re: Yet another analyst :) on: April 01, 2013, 04:37:13 PM
If we all were able to call bubbles then we would all be rich now huh? Usually bubbles occur when you least expect it. Perhaps this could be the percieved value growth of bitcoins based on the many positive developments for bitcoin?

Not all of us are able to. And those who are usually take a lot of abuse for being the one who doesn't conform to the crowd psychology.  Smiley

Once again I bet you will be proven wrong in the next 5-6 days concerning your claim that bitcoin likely wont go through $100.

I did not say "It definitely won't go through $100"... I said it was getting so flat/dead I questioned whether we would ever see it. But I've been talking about $100 since $50, because that's what everyone seemed to want.

Moreso it seems that you making bearish calls shows you were hoping to buy in cheaper than you sold. Don't deny it that you wanted to make a % profit by selling and hoping to buy back cheaper. Same principle.

I somehow believe you will at some point buy back in higher.

As Cypher says "Sell High, Buy Higher"  Grin Grin Grin[/b]

That wouldn't be a profit. I would have the same amount of money but more bitcoins that are worth less (no immediate benefit). Short selling would produce a profit.

I actually liked this post too though smoothie... Well done, once again.  Smiley

--ATC--
19  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 04:26:23 PM
However, there's another scenario which might take place. It might be that there's still enough money on the sidelines to drive this higher. If that is indeed the case, we're probably going to see the alternative crash scenario play out. The final "oomph!" before the blowout. Much like silver's huge over-night jump before the 2011 correction, we might see bitcoin tack on another +$25 and reach for the $100 mark (a key psychological level). If it plays out this way, the following crash will be much worse and longer-lasting than if it just goes ahead and corrects here.
20  Economy / Speculation / Re: BTC/USD: Ready for "The Running of the Bears"? on: April 01, 2013, 04:20:25 PM
SELL SELL SELL!!!

We broke the "psychological" barrier of $100!!!
World will end, bitcoin will fall, and the OP goes nuts!
save us all OP
Give us one more TA for the fans!
Proudhon and ATC are my true heroes from this day on! Smiley


Lol go ahead and buy those $106 coins... today is your day! Roll Eyes
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