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I'd like to join this campaign.
Name: Raja_MBZ
Post count: 369
Rank: Full Member
Bitcoin address: 1DSLmRaTWsiQg8ZUduzcAispyDdYNroTRg
Profile UID: 771962
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I can provide that. I can provide $2 PayPal Personal for your 0.00314 BTC.
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Guys I'm getting 2x AMD Radeon Sapphire R9 280 for $350, should I get them? I'll for sure try that R9 380 as well, but seems like it is not gonna be easily available before August.
Will I get any profit with R9 280 if I've electricity cost of $0.15/kWh? I saw that each of them cover like 180 kWh in the whole month... So $27 in total if the single graphic card works whole month 20 hours a day. I wonder how much ether I'd be able to generate in the first month, since only 2 ether would cover off my extra cost in electricity bill due to that GPU.
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There's a difficulty bomb in place for Ethereum which means the difficulty keep increasing regardless of miners: Difficulty adjustment scheme
A lot of you have been wondering how we would implement a switch from PoW to PoS in time for Serenity. This will be handled by the newly introduced difficulty adjustment scheme, which elegantly guarantees a hard-fork point in the next 16 months.
It works as follow: starting from block 200,000 the difficulty will undergo an exponential increase which will only become noticeable in about a year. At that point (just around the release of the Serenity milestone), we’ll see a significant increase in difficulty which will start pushing the block resolution time upwards.
So, a year on, the network will continue to be useful for roughly 3-4 months, but eventually will reach an ‘Ice Age’ of sorts: the difficulty will simply be too high for anyone to find a block. This will allow us to introduce PoS, perhaps via Casper, if it proves itself. Nobody GPU mines Litecoin anymore. It's ASIC territory, just like Bitcoin. So no replacement of Ethereum once it becomes extremely hard on GPU mining? What about Dash? I'm planning to purchase GPU of $200-$300 and then buy more time-to-time. But it'd be pretty bad to see once ether mining becomes useless. GPU miners will have to explore some sort of replacement. |
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OK, so the difficulty has been pumping off in Ethereum mining, just like it happened in Bitcoin when people used to mine it with GPU (I don't think so that people still mine Bitcoin much with GPU). https://etherscan.io/charts/difficultySo my question is, within the current conditions, what cryptocurrency do you guys think the GPU miners will move to after Ethereum becomes a loss to mine? Vertcoin? Is someone already mining it with GPU? If so, any profit being generated? |
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All you need is pci-e slots and dualcore CPU. Quadcore CPU might help with more than 4 GPU.
That helps a lot! But man, it's not going to be easy to find that new AMD card, it is not gonna be easily available for $200 either. Anymore suggestions for this $200 budget? Any nVidia graphics card suggestion? |
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Guys, I still haven't received the answer to my last question: Does the specification of computer system affects the only-GPU mining? See, I am planning to purchase a whole system, CPU along with GPU, just for mining. Otherwise I've a good laptop to spend my life on.
Other than that, I've decided to purchase AMD RX 480 once it comes to my country, probably after a week of two. I've checked my rate of kWh and it comes out to be $0.15 per unit. How much will I be able to save out in a day while mining Ethers with a single AMD RX 480? If it provides me a good result, I'd definitely plan to purchase like at least 4 more. |
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If I purchase R9 280 Dual x 3GB DDR5, what hash rate should I expect for mining of ethers?
Around 20.5 Mh/s decreasing a little with every epoch change. That looks quite good to me. Does the specification of computer system affects the only-GPU mining? See, I am planning to purchase a whole system, CPU along with GPU, just for mining. Otherwise I've a good laptop to spend my life on. The last time I purchased any computer system I remember was in 2002, and in those days, I remember I bought the Pentium 4 CPU for like $600 of that time, old memories.  So I can purchase a bad configuration computer (somewhat like core2quad) and put on a good graphics card on it for GPU mining, that'd work good, right? |
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If I purchase R9 280 Dual x 3GB DDR5, what hash rate should I expect for mining of ethers?
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Which GPU to purchase with $200 for Ethereum GPU mining? Any ideas? That's all what I'd like to spend right now on GPU.
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Monero current price of getting up, I think this will be something very good for the future.
Yup, it's price is definitely gonna increase till $1.50. It will regain the value which it lost in the last few weeks. |
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I can provide $10 PayPal personal for $10 BTC. If you'd like to have this deal, please PM me with your PayPal address. Remember, you will have to send the bitcoins first.
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I think hashocean or hashflare will be the next on the list after cldmine and later this year may be genesis mining as lots of facebook ads are there for genesis mining.
Those ads on Facebook... appear according to your "search tags". Even if the owner of Genesis-Mining invests very little on Adwords, you will see that ad because you're involved in bitcoin stuff. BTW, at least Genesis-Mining is the real cloud mining website. You can't compare it with CLDMine or any other HYIP/Ponzi scheme website. |
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It is possible, if any big-country government interferes. They might make a more safer crypto-currency with less anonymity. Bitcoin is way too anonymous.
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I am sure its not all, its only one of these scammer wallets, there was time I was hearing in other forums when the BTC wallet which did the payments and also received them, had over 700 BTC in it and people thought there is still time until they scam. Well I guess they made 1000 BTC overall from all investors and scammed people with more than half million dollars actual value of bitcoin now. Why keep that website running when they won big by cheating people. Greed is the main factor that destroys the most of the people who invest in these websites.
That's why I used the sentence "one of his "grand" wallets where he keeps most of his bitcoins". I'm sure he carries at least ten wallets like that, with at least a hundred bitcoins in each. CLDMine was a big big scam, and their simple & cute web-design, LOL, looked like they are gonna live at least years. |
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The price is now more that 570$. How more high will it go ?
prices will continue to rise during the buying activity is still high and is quite alarming because it does not look at all the signs of the price will fall. The price will continue to rise in the next 12 months. The halving could be a catalyst. We will also see the increase of block size. The price of Bitcoin rose 10 times after the halving in 2012. If it rises 5 times this time, it could be good. 5 times? LOL, sorry, can't happen. You'll see. There won't be an extreme big change. I am seeing somewhat around $750-$800. |
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How funny! CLDMine's admin tried to prove his innocence with "Guaranteed Refunds" thing and very funnily, it never existed. In fact, I searched around those addresses (the ones which received those refunds) and most of them lead to the same following bitcoin wallet:
1GUkazUBpXWdSJ9HbgTapAH7uybpi3Cs6K
Pretty sure that all of those refunds are totally fake.
Its pretty fake i doubt it that he will do refund since his site is running by ponzi scheme and thats refund thing i think he just made it just to make their investor feels they have chance to retain back their money but believe me no refund will be happen to that since they collect their target money then run, they are setting pretty now with their scam money and surely they will make another cloudmining scam and that we must avoid now to invest in thats scheme thats really pretty obvious for the second time if they do same cloud mining style like otiis same as cld surely it is scam. Yup! And that wallet's address which I listed above... is most probably one of his "grand" wallets where he keeps most of his bitcoins. The balance of that wallet is almost 100 bitcoins. |
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How funny! CLDMine's admin tried to prove his innocence with "Guaranteed Refunds" thing and very funnily, it never existed. In fact, I searched around those addresses (the ones which received those refunds) and most of them lead to the same following bitcoin wallet:
1GUkazUBpXWdSJ9HbgTapAH7uybpi3Cs6K
Pretty sure that all of those refunds are totally fake.
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Yes, bitcoin can definitely change the world's financial system but only if the governments do NOT interfere with bitcoin with their fancy rules and regulations. I highly doubt a chance of it due to the constant increase in terrorism in whole world, terrorists and other illegal activity owners can definitely take an advantage of bitcoin's anonymity.
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