Today we've added support to keep track of your ANXPRO accounts to CryptFolio ( BitcoinTalk thread). Adding the exchange was fairly straightforward  CryptFolio helps you safely keep track of exchange balances over time, and generates reports (such as your overall net worth in any currency). Thank you very much! Customers, when you are setting up CryptFolio, please give them the API key WITHOUT switching on "Move Funds" or "Place and manage orders". Thank you. |
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I consider Kraken to be the safest and most reliable.
Will give a try to ANXPRO.
Welcome! Feel free to ask any questions, I am the official forum manager for ANXPRO. |
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OP can you please tell me what you need to start mining with the fury? I havent really found any information.
You need electricity, internet and the Fury itself. |
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or said another way USD is irrelevant when working out profit from mining @PBmining if you are so focused on the BTC/USD going up, you should buy and hold not mine thats all I'm going to say on this topic Not really true. When you buy a stock you make money two ways, with a dividend and with gains. You return is a combination of both. Same is true with BTC. Since I am technically buying with USD, since that is how I got the BTC the return from PBMining is a combination of the dividend (the BTC I am paid) and the gains (the USD price of BTC). Most miners are hoping for the price of BTC to increase, because then their return is much better. Ignoring the buying power (value) of BTC in the calculations isn't sound. Of course, you can't know what the value of BTC is at any time other than right now. If you buy a stock and then sell it, you get dividend and gains. If the price falls after you buy it, then not. |
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Alright, thank you again.
But I stand by my initial opinion, this doesn't seem to make sense, because someone that deposited bitcoin, exchanged for fiat, then back to bitcoin and withdrew bitcoin, is in an identical position of anyone that only deposited and traded alt coins: both can not launder money. the fiat they traded is in your hands and will never leave the exchange by their withdraws.
You will lose many traders that do trade daily, but that don't want to withdraw fiat and do like privacy.
But it's your decision, it seems you are doing ok, good luck.
I agree with you, but I'm just an employee. I have suggested this to my superiors. Sorry, but now I ended confused: "depositing and withdrawing alt coins does not require verification", but if I deposited bitcoin, traded it to fiat, then traded fiat back to bitcoin and want to withdraw my bitcoins again: do I have to verify?
what exchange are we talking about? in my experience, on bitstamp, btc-e and bitfinex, and cryptsy as well, as long as you are not depositing/withdrawing fiat, there are no KYC limitations. you can deposit coins, trade in and out of fiat, and then withdraw coins. never had a problem. We are talking about ANXPRO, a 0% Fee bitcoin exchange based in Hong Kong, which supports SEPA deposits and withdrawals. ah, my mistake. i read through the posts, but apparently missed that. nothing to add from me -- i am not familiar with ANXPRO (or any Asian exchanges). as you were!  It's in English, but just based in Hong Kong. Feel free to try it out, you can trade only in cryptocurrencies if you want. As I mentioned, 0% Fee, so there's no harm in trying it, isn't there? :p ANXPRO. |
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Apologies! My presumptuous American manners... - Santa Cruz, California, US of A. Sadly, I am in Europe, and shipping is too expensive. I wish I could buy them for $65... |
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Hi all
recently I upgraded my Kaspersky to Pure 3.0 and now suddenly when I run BFGminer.exe I can get to the mining.bitcoin.cz website and enter my worker and then my password but whereas before I would see line after line of calculations, I now see nothing. This has been happening for about two days. Any idea what is going on? Is it the Kaspersky? Is it something else? Please advise and thanks.
Please post a screenshot. Also, it's probably because kapersky incorrectly flagged bfgminer as a virus. |
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Alright, thank you again.
But I stand by my initial opinion, this doesn't seem to make sense, because someone that deposited bitcoin, exchanged for fiat, then back to bitcoin and withdrew bitcoin, is in an identical position of anyone that only deposited and traded alt coins: both can not launder money. the fiat they traded is in your hands and will never leave the exchange by their withdraws.
You will lose many traders that do trade daily, but that don't want to withdraw fiat and do like privacy.
But it's your decision, it seems you are doing ok, good luck.
I agree with you, but I'm just an employee. I have suggested this to my superiors. Sorry, but now I ended confused: "depositing and withdrawing alt coins does not require verification", but if I deposited bitcoin, traded it to fiat, then traded fiat back to bitcoin and want to withdraw my bitcoins again: do I have to verify?
what exchange are we talking about? in my experience, on bitstamp, btc-e and bitfinex, and cryptsy as well, as long as you are not depositing/withdrawing fiat, there are no KYC limitations. you can deposit coins, trade in and out of fiat, and then withdraw coins. never had a problem. We are talking about ANXPRO, a 0% Fee bitcoin exchange based in Hong Kong, which supports SEPA deposits and withdrawals. I can see you got a "ANXBTC Trusted Forum Manager" in your signature, so are you the owner (co-owner) or a staff of the site? No, I'm not an owner or co-owner in any way, shape or form, although it'd be nice if that were true, lol. I'm an employee whose job is to answer customer queries and promote the exchange. Feel free to check it out. |
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The whole problem is that if I reflash the Pi, my warranty gets ruined, which is quite stupid.
Can you put in another SDHC card and keep the original one for warranty purposes? I have no idea, their support told me that any change in the firmware was forbidden. |
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Alright, thank you again.
But I stand by my initial opinion, this doesn't seem to make sense, because someone that deposited bitcoin, exchanged for fiat, then back to bitcoin and withdrew bitcoin, is in an identical position of anyone that only deposited and traded alt coins: both can not launder money. the fiat they traded is in your hands and will never leave the exchange by their withdraws.
You will lose many traders that do trade daily, but that don't want to withdraw fiat and do like privacy.
But it's your decision, it seems you are doing ok, good luck.
I agree with you, but I'm just an employee. I have suggested this to my superiors. Sorry, but now I ended confused: "depositing and withdrawing alt coins does not require verification", but if I deposited bitcoin, traded it to fiat, then traded fiat back to bitcoin and want to withdraw my bitcoins again: do I have to verify?
what exchange are we talking about? in my experience, on bitstamp, btc-e and bitfinex, and cryptsy as well, as long as you are not depositing/withdrawing fiat, there are no KYC limitations. you can deposit coins, trade in and out of fiat, and then withdraw coins. never had a problem. We are talking about ANXPRO, a 0% Fee bitcoin exchange based in Hong Kong, which supports SEPA deposits and withdrawals. |
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Seems like p2pool is better for bitcoin for it decentralized nature
Definitely. but having only 1% of the bitcoin hashrate doesn't mean the chance to find a block (and share it among it miners) is very low?
With 1% network hashrate, the pool is expected to find 1% of the coming blocks (which is about 1.5 blocks a day on average). Which means that your earnings will be inconsistent, but over the long term the same. |
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Local pickup in Santa Cruz, fwiw. I also have 6 BitburnerXX blades (~7GH/s ea) available.
What Santa Cruz? There are many Santa Cruz around the world... I'm interested, fyi. |
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it doesnt matter the topic once it turns into argument having a point would not negate anothers point and if the truth were in front of our face and there was 1000 uf us there would be 1000 opinions if a question is asked of pb and it bothers you just let pb answer it , just because a person doesnt get it does not mean it is irrelevant or offensive(and it is absurd to think a question with out any conotation is offensive) i spent the better part of a day fending off acusations trying to get an answer to a question,, people really like the btc to btc because well matbe its easy to grasp but if a readjustment happens again and it is 2.5 usd or over then the conversion of 2.5usd to btc is valid just dont attack the topiv if u dont like it - in no way is it offensive or meant to slight- i here by allow all to feel tottally different - just dont take the raising of the topic as an offense - do btc to btc all day- my point is if the 2.5 is broken there is more on the back end after profits are reached then if the btc per gh is recognized only in a comparison to btc in btc profit out.. so we will wait and see or we will get an answer... to all who didnt freak out thank you, just really using the forum for what it is for
Oh my god... Commas and full stops/periods please, that text was nearly impossible to read. Also, insulting others and telling them to shut the fuck up is considered as offensive. dude shut the fuck up
Maybe it's your habit. I don't know, but I suggest you stop this habit. |
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Sorry, but now I ended confused: "depositing and withdrawing alt coins does not require verification", but if I deposited bitcoin, traded it to fiat, then traded fiat back to bitcoin and want to withdraw my bitcoins again: do I have to verify?
Yes, that would require verification, because you traded to fiat. If you deposit Bitcoins and trade them to Litecoins, for example, you don't need to verify. |
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Hmmm... Isn't the current system like this?
Customer > Leaserig > Provider
0.001 for 10 hours > 0.001 > 0.00097/hour
So... If they are 5 hours into the lease and someone cancels.. then Leaserig can pay 0.000485BTC back to the customer, since the fee has already been taken.
So even if the lease gets cancelled, you guys profit. That Okay?
Or, if the customer cancels, then the customer gets paid 0.000485, and if the provider cancels, then the provider gets 0.000015BTC subtracted from the balance.
No. Currently we lose the fee if a lease is cancelled. It has turned us even closer to a non-profit. Currently if a lease is cancelled we lose the fee and the provider loses the last payment. This is why only providers can cancel leases via support. That's not what I meant, I meant that you could make it like that, so that you guys get the fee either way. Also, XMK3, is there any plans for support for the zenController? We support the PI. What's the issue. I mean, the zenController has a function which is remote control. Would there be any chance for Leaserig to develop something for that? It's definitely possible. From what I read the other day it's it just a Rasberry Pi with a custom image? I'll see if I can find a copy of it to run on my rpi. Since you are developer, you might as well ask gawminers tech support straight for it, and yes, it is a Pi with a custom image. The whole problem is that if I reflash the Pi, my warranty gets ruined, which is quite stupid. |
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Hi guys.
I'm thinking about buying an Asic Miner (1000Gh/s). I checked coinwarz.com and with that speed, I'm (supposed to be) able to make 28 usd a day, or 23 usd counting electricity cost. That's an estimate of course.
Is that a realistic expectation? I know the difficulty increases and the profit decrease with time. My doubt is… how long should I expect to make no money out of the machine? Couple years?
I imagine I should join a pool.
-What should I consider when joining a pool?
-When I join a pool, the more I contribute (in hash power), the more my payout is?
-It's more profitable to join Ghash.io or p2pool?
Thanks in advance.
Please don't state mining profits in USD, as the price can change. 1TH/s (1000 GH/s) will earn you 0.04809870 BTC. Difficulty will increase, since more and better ASICs will come out onto the market. I'd expect it to continue for 2-3 years, so expect to make no money after that. (Well, you can use it as a heater?). You should consider if the pool has a bad background, and all that. But i'll explain. I suggest you use ghash.io for the best accuracy to the estimation, but I don't recommend this, because it's by far the largest bitcoin mining pool. I suggest p2pool, because it helps protect the network, but payout might be more inconsistent. And yes, theoretically, the more hashpower the more money comes into your wallet. |
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This site is over...get it once and forever
Agreed. Good thing I divested everything and withdrew when "the 1dice crisis" started. |
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Hmmm... Isn't the current system like this?
Customer > Leaserig > Provider
0.001 for 10 hours > 0.001 > 0.00097/hour
So... If they are 5 hours into the lease and someone cancels.. then Leaserig can pay 0.000485BTC back to the customer, since the fee has already been taken.
So even if the lease gets cancelled, you guys profit. That Okay?
Or, if the customer cancels, then the customer gets paid 0.000485, and if the provider cancels, then the provider gets 0.000015BTC subtracted from the balance.
No. Currently we lose the fee if a lease is cancelled. It has turned us even closer to a non-profit. Currently if a lease is cancelled we lose the fee and the provider loses the last payment. This is why only providers can cancel leases via support. That's not what I meant, I meant that you could make it like that, so that you guys get the fee either way. Also, XMK3, is there any plans for support for the zenController? We support the PI. What's the issue. I mean, the zenController has a function which is remote control. Would there be any chance for Leaserig to develop something for that? |
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Thank you for the explanation.
I wonder if that system of KYC makes sense? KYC has as a goal to avoid money laundering. No one can clean money if he deposits bitcoin and only withdraws back to bitcoin, after doing some serious trading. He started with bitcoin and ended with bitcoin or another alt coin. No money entered the banking system or even was converted outside your exchange for fiat.
There are a lot of exchanges that don't request any verification or even identification, if you just deposit or withdraw alt coins. You are losing against these exchanges.
Yes, depositing and withdrawing alt coins does not require verification, all you need is create account. KYC information is stored in case authorities need it, so that we can quickly inform them without pestering our customers. As I said, if you don't trade fiat at all, you won't need to verify. |
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sell old machines? really. for foot warmers? there must be some computational application for a hashing device...  No, there isn't. ASICs are designed to mine bitcoins, and can only do that (or other sha-256 coins). they hash, whether that be btc transaction data or something else.. question is, what other data could be hashed providing a hash result of some use, [other than cryptocoin pow] They can hash data into a SHA-256 hash. I don't think that there are actual applications besides cryptocurrency. |
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