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another thing the OP can do if he find bitcoin too risky now, which i think it isn't , but anyway he can invest in something that generate bitcoin instead of buying it's slower but almost no risk
for example take a gpu mining rig that generate for you 0.45 btc a month minus electricity, but with a very low risk because the value of your gear will always remain there(only a small loss 20% of the gpu) over many months years
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The transaction is much higher than other payment methods, I made a 0.3B transaction(containing a lot small/old transaction) and it required 0.005B as recommended fee, it's more expensive than traditional transfer systems. In this situation the Bitcoin is really bad and people would avoid to use Bitcoin. Why would I pay this high fee for a small amount transaction?
Avoid and no longer usable until fees come down. Having money that no longer useable is madness. fee won't coem down magically, until the consensus is reached, but people who are usint it now are using it anyway to buy stuff that maybe are expensive enough and can overshadow the fee i bet the majority of people that use bitcoin now are mid-rich people that dont care much about the fee, just take a look at that video about a japanese female buuying something with bitcoin, she had 1000 btc |
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something strange when mining with skein, if you use a single card the hashrate is much higher than 6 cards, i can't get the 6 card rig working on 300MH each
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wasn't this supposed to be launched tomorrow, why it's already operative and on the exchange?
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this don't support verium right?
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Hello, i want to start mining, tell me please I already broke my brain  ) What to choose 2х 1070 or 3x 480/580 8gb or 3x1060 6gb What coin are you looking to mine? you could go: 3x 480/580 8gb or 3x 470/570 8gb if you want to mine ETH or XMR or 2х 1070 or 3x1060 6gb if you want to mine ZEC or LBC also I would recommend making 6x gpu rigs as you will get more hash for your $. Hello, thank you for answer! I am searching for the most situable variant for now and near future to build 4-6 rig with time . I think that 1070 is more powerfull and effective, isnt't it ? But if isn't no difference in profit between 1070 and 580\480 ... I will take more cheaper gp . It depends on how expensive your power is. Mine is rather expensive. currently: my 6x 1070 rigs mining ZEC generate $420 a month - elec costs each ( rigs cost ~$2500 each) my 6x 1060 rigs mining ZEC generate $297 a month - elec costs each ( rigs cost ~$1900 each) for AMD I only have one 4x 470 (all with custom roms) rig mining ETC (note ETC is abnormally high right now). It generates $293 a month - elec costs ( rig cost $1150) it llok like you were better to go with amd, with 6 x 470 would be equal to 6 x 1070 |
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how this si related to bitcoin? if their stocks market is doing well i would bet that they would ignore bitcoin, because they are investing there, if the opposite was true, there would be more chance for them to focus on bitcoin
acording to some chart on the web their bitcoin volume(they are investing less on bitcoin now) is also lower than a month ago, i guess they are on stanby with bitcoin at the moment
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No way to use the heat for energy?
only with solar panel yes, you would get the best exposure there, still not enough to make it worth the investment, and the cooling required to cool down the gpu would be enormous but the good thing about africa is that they have a very low energy cost, some country like egypt and kuwait sit on 1 cent electricity, this can allow a small mining operation, but i guess they would prefer gpu mining anyway... |
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can this backdoor be used for malicious things? to steal funds or something? Do these miners really represent 70% of all the global hashrate?
I am sure they are people still mining with Antminer S2 with free power at their dorm or people got some SP30 running in some cheap power areas.
i can't see why not, they are the best one, and it also make sense because it match the percentage of chinese miners, which is around 70%, probably all pool are running s9 now if someone else is running s5 or s7, would be a very minority, and i'm actually surprised that there are 30% of miners running those old one |
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this resemble a bit datacoin, an old coin that give you reward for uploading data on torrent, not really a new project, and i would prefer if they focus on implementing bitcoin in their idea
all this "i want to create my own coin" is always detrimental and have no future, in fact every time someone even among the big(google or microsft) try to do it , it will always result in a failure
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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
I'm not so sure of that... I mean why would the miner not simply agree to not accept a transaction with fee lower than X or even do the transaction while putting fees themselves to make higher average fees... I've seen blocks not full at all, doesn't it mean that miners are refusing transactions in some cases? because if everyone is going to send transaction lower than x, then miners will have no choice and choose those transactions anyway, i means miners can't decide to not include any transaction, they must do it after all minins is the process to include transaction in a block and get reward from it, by rejecting all transaction they would destroy their income |
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don't get fooled probably 12 giant board working together...
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How's the nexus profitability for the 1070s right now?
With 2 gtx 1070's you should find a block every day and sometimes 2 blocks. A block is ($4.5) (Sp-mod #6) With 2 gtx1070 i have $8 on ordinary pool with free miner with well-known coin. Why the hell I must mess with private shit? )) no coins on whattomine is giving $4 per day with a 1070, actually not even $3, so what is this well-known coin? there is however a way to make $4 or more with other coins.. |
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But as soon as all the whales and the big traders have gotten everything they have out from Bitfinex that is when the truth starts coming out. It is happening just like Gox. I hope we also get the biggest pump in Bitcoin history with it.
I expect a dump will happen as soon as all the whales and big traders have gotten everything they have out of bitfinex if they decided to convert it into fiat. I also hope to see the biggest pump in history but there is the possibility that we will see again the repeat of 2013 and I know many of us dont want to see a dump that big again except for those who want to buy cheap bitcoin. This is what panic sellers do. And panic sellers have small purses, because they lose their money just as fast as they make their few pennies. And you're hoping for a dump.... Problems with the stomach? Maybe that is why during MtGox they pumped the price to more than the premium price they bought in then sold high and after the dump, they bought low again. i think that was different, there was clearly a bot doiung all the manipulation, the price was artificially inflated to the $1200 peak, and was not really backed by any new investors also it's not a good strategy to instigate a panic selling, they would take a gamble there and the value would not fall where they want, making them only losing money usually whales manipulate the value only by making the big sell/buy walls that are there to force newbie to sell in those range they want |
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We need to make the network ready for all those hundreds of millions of potential users otherwise it will cripple when we have an influx of new people. To prevent is better than to cure.
On the other hand we need to focus on the path in front of us rather than worry about what's 30 miles ahead. Raising the 1mb limit TODAY is more important than being ready for hundreds of millions of users aren't we trying to increase it in the best way to allow all those millionf of user in the future to use bitcoin without paying expensive fee, isn't that the point of this mess that is raising with the block limit? the only question now is, is the current block limit hindering a greater adoption than what we have right now? if we had a bigger block already, maybe we could have many more users that use bitcoin, which would bring a much better adoption but maybe not because people that use bitcoin don't even know what the block limit is, and for most of them paying $1 in fee would also look normal |
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Whats the latest news on this? If the big blocks support are really at 50% and growing then everyone should be starting to get worried. But everyone is calm as if the hard fork will not happen. Should we supposed to be worried by this?
It will take another 8 months before the community realizes big blocks are needed and a hard fork is necessary. However, at this time a hard fork wont be as contentious as BU is/was and the market will only dip slightly before skyrocketing once people realize it was a success. it's not up to the community to realized that, vote that are not from miners don't count anything, it's up to the miners, and what they are forced to choose form external entity that are relevant like exchange and big merchants and why you think hard fork is necessary when we have segwit that does the job better without hard forking anything? mienrs are not against segwit, form what i have understood they ar emore against LN that would happen with segwit |
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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
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if russia begin to regulate bitcoin it can reach $1500 without problem, if other country will follow, seeing $3k would not be that difficult either, it's all about adoption and regulation
i think he real boom will be when big merchants like amazon will start to accept bitcoin, but before this happen, bitcoin need to be regulated in many other countries
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addnode=155.207.34.49 addnode=217.77.59.45 addnode=94.23.102.99 addnode=176.226.131.78 addnode=116.16.215.138 addnode=85.117.114.209 addnode=181.229.231.4 addnode=46.39.39.19 addnode=118.232.9.247 addnode=36.81.252.174 addnode=217.231.130.114 addnode=115.178.236.188 addnode=105.228.10.134 addnode=115.178.236.188 addnode=169.255.197.79 addnode=185.173.33.92 addnode=185.150.154.164 addnode=103.47.134.56 addnode=46.172.213.12 addnode=5.76.84.43 addnode=2.87.177.211 addnode=37.72.70.152 addnode=91.151.111.250 addnode=118.232.9.247 addnode=85.117.114.209 addnode=217.77.59.45 Everything is resolved next step The exchange your coin does not allow to mine from remove connection, you should fix this, all ip that are not local don't work This node 91.83.204.254:9090 Works well yet it is not local If you destroy all the data Then download the wallet no i mean internal ip are not allowed such as 192.168 etc... box ip ?? vmware ip, i'm trying to connect to one of those where i put all my scam coin and it say that the ip is not allowed in the config, if i create another config called xrevcore it repeat synching from zero No ip is allowed xrev is the config file name? try yourself put 192.168.xx.* and see in the xrev.conf, it say not allowed my config : xrev.conf rpcallowip=127.0.0.1 listen=1 server=1 daemon=1 logtimestamps=1 maxconnections=256 rpcuser=xxxxxxxxxxx rpcpassword=xxxxxxxxxxxxxx masternode=1 masternodeprivkey=xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx externalip=box ip doremi Already it is not mine yeah that is local mining i'm talking about remote, which is not working to allow remote mining to another machine you need to add rpcallowip=192.168.1.* this is true for all coins, but with your coin this is not allowed |
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