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May 04, 2024, 07:08:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1461  Alternate cryptocurrencies / Mining (Altcoins) / Re: The Vega benchmark has it barely beating a 1070, here's why that's good. on: May 01, 2017, 05:37:33 PM
yeah I suspect a Vega clocked higher will edge out a 1080 (not the 1080 with the GDDR5X)

I see Nvidia refreshing the 1070 with the faster memory in response and cutting production on any 1070/1080 that does not have GDDR5X which should already be happening for the 1080.
All GTX 1080's has GDDR5X memory.

he talk about the one with 11gpbs, still i don't like amd cuz can't mine some low hash profitable coin like nexus spreadcoin veltor etc, their miner is not on par with nvidia for these coins, probably because private miners are a plague there more than nvidia
1462  Bitcoin / Mining speculation / Re: Does mining makes more bitcoins than gambling? on: May 01, 2017, 05:56:52 AM
it's depend they can be both comparable, solo mining bitcoin for example is effectively like gambling, the less hash you have the more of a gamble is

normal minig on the other hand have low risk and lower reward, but if it's profitable it's always better than gambling, especially with a big farm, because buying is cheaper than earning it with gambling or trading which i find them to be the same thing

and pose no risk to your investment, well with asic there is more risk yes, but gpu have no virtual risk, they are very safe to buy and use
1463  Economy / Economics / Re: What is the long term outlook for bitcoin price, for 2020 and beyond? on: May 01, 2017, 05:52:52 AM
it can't stay constant, for the simply reason that bitcoin was done in a way to become big or vanish due to the block reward and the deflationary nature, like satoshi said

right now it look like bitcoin might have a bright future, if you think about this same question that was done prior to the last block reward, where many were thinkign that no price increase would have happened but then we had a great increase

the same will happen in 2020, another great stable increase and new bottom will be set, i like the rule of addding a 0 to each new halving, the value should in theory be around 10k as a new bottom

1464  Bitcoin / Bitcoin Discussion / Re: Bitcoin address - are there enough for us all? on: May 01, 2017, 05:49:18 AM
there is no problem with bitcoin addresses, the number is big enough for all of us. There is almost no chance to see the same address generated.

not sure, a quantum computer with the Grover’s algorithm have better possibility to resolve a collision than normal computer wer have today, they might pose a threat, and they are not so far away in the future like many think
1465  Bitcoin / Legal / Re: Bitcoin faces it's biggest threat in America on: May 01, 2017, 05:40:11 AM
Isp simpy doesnt care about that. You just need to use vpn if you dont want to share you privacy with them.

i'm not enterily sure about the privacy of vpn they keep the log and can share if forced to do so

in any case if there is a possibility that your isp will block bitcoin, any proxy will do it fine, all this control they are trying to put on the world is detrimental and will do more damage than anything

and also this for now is not supported on other country and on some never will be, but i would take this opportunity and think that bitcoin really need his own private internet with a big mesh network or something, isp internet are not decentralized enough
1466  Bitcoin / Bitcoin Discussion / Re: Anyone else HAVE most or maybe ALL of their money in btc/crypto? on: May 01, 2017, 05:32:29 AM
even better for me, i didn't had any fiat to begin with, and all my money were generated from altcoin and bitcoin, i keep them here they are much safer than in any bank, i do have a bank account though..

basically 100% crypto but i did dump here and there to buy foods and other stuff that require fiat, still dreaming of a world where i can pay with bitcoin only or some altcoin too
1467  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins rising on: May 01, 2017, 05:30:48 AM
this is not a bubble, it's more like a liquidity explosion or new money influx take your, there are many new investors coming in this world, thanks to bitcoin recent surge

some of them are too naive to think that altcoin can be a safe haven in case bitcoin go down, in fact this bubble started when bitcoin tanked

but notice that only dash and etehreum are big enough to make the whole marketcap very significant, without those coins the whole marketcap would still look tiny
1468  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If BTC gets a Dump on: May 01, 2017, 05:25:33 AM
it's pretty clear that the money would move to altcoin, you see the  last dump caused a spike in all the big alt like etheruem and dash, this time won't be different

besides i don't think the value will ever go below 1/4($300-350) of what it is know, because it would be under the electricity cost of the miners, miners will pump the coin long before it happen
1469  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcore - BTX - NETWORK & BLOOM & WITNESS online - 20MB Core 14.0 on: April 30, 2017, 08:39:00 PM
Right now it is worse to mine BTX with gtx 1070 than whattomine.com. Why people run to it?

With rx 480 it's still more profitable than Ethereum.

not with that volume, you can't dump
1470  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: April 30, 2017, 07:53:10 PM
so this guide is pretty neat https://blockgen.net/setup-your-own-mining-pool/, come in handy for x11 coin too with my asic
1471  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: April 30, 2017, 12:40:05 PM
I had to setup a pool myself to mine machinecoin and bitcore. Once you do it the first time, it's quick to adapt to other coins.

i don't know how to do it, there is a guide or something around?
1472  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: April 30, 2017, 10:29:58 AM
you can't solo mine any coins that is based on the last version of bitcoin core, because ccminer don't have getwork implemented

apparently more and more coins ar eusing this and in the future solo will be dead if this will not be addressed

and bitcoin core don't even support rotation such as 192.168.1.*, i don't know if remotely you can go with 192.168.1.0/24...i need it for my vware scamcoin machine

Figure out what a netmask is.

I'm not sure about that, I've seen coins that support getwork, seems as though this one chose to remove it or move it. Pretty sure the other .exe's play part in solo mining, I'm not sure exactly how they're implemented though as there is no documentation.

i mean ccminer don't support it i tried to mine woodcoin and machinecoin in solo but it's no use
1473  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: April 30, 2017, 08:51:15 AM
you can't solo mine any coins that is based on the last version of bitcoin core, because ccminer don't have getwork implemented

apparently more and more coins are using this and in the future solo will be dead if this will not be addressed

and bitcoin core don't even support rotation such as 192.168.1.*, i don't know if remotely you can go with 192.168.1.0/24...i need it for my vware scamcoin machine
1474  Bitcoin / Mining / Re: How many Megabytes does an Antminer consume monthly? on: April 30, 2017, 05:38:02 AM
according to this old thread https://bitcointalk.org/index.php?topic=10860.0, the usage is very low around 2mb per hour, you can build a huge farm and still consume very low

bandwidth is never a problem with mining, initial investment, consumption/cooling and space are the real problem

thanks for this., i always wondered how much bandwidth does the ASIC uses, at my place internet goes down frequently.
i wonder what hapens when internet goes down, does the ASIC keeps mining or just goes haywire ?

obviously it can't mine, here everythign function with internet if you have no connection there is no mining and no bitcoin

but the good thing is that you can have your usb stick and connect just fine with it when connection go down from ISP
1475  Bitcoin / Legal / Re: Bitcoin Attorney Discussions on: April 30, 2017, 05:31:57 AM
I don't see a legal problem with investing in whatever coins you might find on Yobit or other smaller exchanges. We can't be certain that any given coin is legit in and of itself and not being used for some illegitimate purpose but I doubt we have a duty to investigate that. The smaller exchange itself might have that duty. As to investment strategy I strongly encourage you to investigate the coins announcement pages and other sources. Many coins simply fail, others drop in price at the slightest bit of bad news.

George D. Greenberg, Esq.

www.attorneybitcoin.com

how can someone know if those small coins were not used for illegal activity like monero in the deepweb for example? monero is also not traceable?

this could lead to a problem of supporting without knowing criminal activity and put you in trouble, if they ever find out

i guess tainted bitcoin also apply for altcoin... the same can apply to many other coins, there are simply to many to keep track of all of them
1476  Bitcoin / Bitcoin Discussion / Re: Is bitcoin transaction fees fair? on: April 30, 2017, 05:29:07 AM
remember that are not the miners that make the fee, they could accept even the lowest fee if everyone was using the lowest one and reducing the average, it's up to the peple that decide what fee to use

if for example everyone start now to lower his fee the average would be like the old 10k satoshi per transaction, but instead everyone is rushing to have his/her transaction prioritized and this is increasing the average, miners have no fault here
Due to increasing difficulty,bitcoin mining has become a expensive affair.If there is no reward for miners which can not only cover mining cost but also give them good profit, noone will mine btc anymore.
No mining means death for bitcoin.

mienrs have plenty of profit with the current reward and value of each coins, they don't need any fee actually that is a premium for them now, but since they are greedy they alwaays want more

just do the math for yourself, there are 1800 coins mined each day, this is $2M in revenue, the cost of electricity is around 1/4 $500k per day, plenty of room for profit
1477  Bitcoin / Bitcoin Discussion / Re: When your friend that cut you up about bitcoin now wants you to hook him up... on: April 30, 2017, 05:23:56 AM
well remember what ghandi said, first they ignore you etc...? this apply perfectly to bitcoin, those people that ignore it at first raising the unbelievable excuses that bitcoin is for terrorist that bitcoin is dead etc...

are the same people that later jump in the bull run when it's already too late, they are the so called fish, that help the whales make their dirty pump and dump

some of them don't even know that bitcoin is limited, and rare, and has a deflationary course
1478  Bitcoin / Bitcoin Discussion / Re: Who is destroying Bitcoin? on: April 30, 2017, 05:19:35 AM
a single entity can't destroy the coins, the title is misleading, bitcoin last time i've checked is decentralized for a reason, to avoid trusting someone who cna disrupt the entire project

if then there are people that work together to force the consensus on certain direction, they will end up with their own fork, roger and other have no power here, only exchange decide and miners to an extent
1479  Alternate cryptocurrencies / Mining (Altcoins) / Re: CCminer(SP-MOD) Modded NVIDIA Maxwell / Pascal kernels. on: April 29, 2017, 08:04:37 PM
Yes. Its on cryptopia. I take 75 usd profit today...

mine was 0.15 btc in 30 hours or so, but something is wrong with the earning or the diff adjust is very slow
1480  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcore - BTX - NETWORK & BLOOM & WITNESS online - 20MB Core 14.0 on: April 29, 2017, 07:50:40 PM
66 MH at rig, 21-33 at pool, in day mined 67 BTX. But in real it must be 130...

if you look at the net only yes, but take a look at the diff retarget i don't know if it's fast enough to catch the net, so don't look at the net only
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