Does AsicBoost now sort of explain why the Chinese have invested hundreds of millions of dollars into mining?
it doesn't make sense for all fo them to get access to asicboost, otherwise you know the result would be no advantage if everyone can have the same boost it mean that everyone is earning the same as before, therefore is presumable to think that only few big miners can have access to it to make it worth The biggest problem is actually lazy miners...30% of them aren't signaling ANY upgrade.
it make sense, because they have no access to asicboost, and going against segwit is not giving anything for them, and probably still waiting for better solution |
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i believe new proposal like extention blocks did something about changing their mind for the pool operators, and since there is no better proposal they are forced to choose segwit for now
after all i think that the signaling from antpool was just a test to see if other pool were to follow, i don't believe "he" was really going to support it at all
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$6 per MH is pretty expensive, basically 5 btc, i could sell it for 4 btc, but not less, you need to cosider not only dash but other coins that can be mined and give huge profit from time to tim
For 4 BTC you better suck me off the entire time the miner is in transit. Nobody wants to buy your vapid dreams. are you joking? i made 0.8 already with my a-900 giant in a month, it's not worth less than 4 btc at all |
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$6 per MH is pretty expensive, basically 5 btc, i could sell it for 4 btc, but not less, you need to cosider not only dash but other coins that can be mined and give huge profit from time to tim
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They appear to be editing the webpage...Usually they send out product notices to their members.
We should be receiving an email here shortly.
The product page is recent(as in the past 12 hours)...so nobody has one of the cube miners yet.
I was just told this by baikal skype...but also told basically they will just announce on the web site. The last time they sent out the email to all me, according to the date/time it was 1/2 day after the miners sold out  Thus outside of China, it is gonna be damn tough The page now shows a 300mh for 800 usd at 120 watts...thus 5 month ROI kinda sorta...so with x11 and next batch of A900 baikals I suppose and dash difficulty/ all X11 coin difficulty flying up and the prices going down...you likely will easily ROI in a year ..and it makes a nice toy but on MY expectations of a 33% bump in the price of an A900 from $2350 to say around $3,200 bucks and of course the corresponding further slam up in difficulty on x11 stuff. eh....not gonna get too worked up about not getting any. Well, more of a toy at that point and I'll wait and pick one up used or just watch the feeding frenzy It is starting to look like (imho) with scrypt prices and x11 prices and the corresponding rise in difficulty for both that the bitmain L3's I got will be my 'deal' for 2017... I usually manage 1 score a year, me thinks that was it.. .you can't fall into the head of the line all the time on these asic miner unicorn herds...don't ya know Anyway, my view of unicorns....I bag'd some.....now they went on vacation again Will accumulate some crypto and hold and hunt some more this fall maybe? (good to have goals) they are 80 watt, not 120watt, 5 months roi, but with the right early mining new coins can be much less the giant was saying to be 6 months roi, but guess what? in one month i have already made 50% of the investment |
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you can't stop crypto period, doesn't matter what they do, libertyreserve was a centralized attempt to make something out of the scheme
this is a decentralized thing, not comparable, and no, bitcoin is not a scam, but well many alt are scam but only for investors not for miners
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And you think a billion dollar mining industry will let the core devs destroy their position?
BU will be forced upon us no matter what the economy or users want.
they are not in position to command, if they fork and core change the algo, they would destroy all their farm in an instance, besides only the exchange have the real power here not miners if an exchange won't listen their fork they are dead, and they said that they are always with core, so BU is doomed no matter what, maybe BU can be a good altcoin.... also the opposite is true, do you think that the miners would let their stupid decision, because of a 20% boost, to destroy their current earning, because of exchange refusing their hard fork? no they are not that strupid, the BU consensus % is regressing i see(38% vs 35% now) |
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what keep the price stable is the both thing you said will balance out eventually, and make the value look somehow stable but the value of bitcoin is not actually never stable
because it need to go higher, to help miners have their profit per day while the reward will be lower, stability it's bad for now, bitcoin need to grow, to become stronger
and to do this, you need price correction and people dumping, to consolidate more every new point and make it a solid bottom
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Hi Folks!
Is there any site that can supply alot of miners?
I'm thinking of buy like 500x miners and place them in my house and buy a solar energy to get the power plugged with the miners
How much I can make from those? And it is good idea?
Need info, thanks!
It is good to have bitcoin mining and you have good amount of money to buy mining tools. But i suggest that you should mine altcoin for now but you can still get profit in bitcoin but not high. And much better to used solar energy for mining. Goodluck mate Solar energy? How many solar panel is needed to feed 500x miners? 24/7 1kw of panel can only cover 1100kwh a year with the best sun conditions and correct direction, if by 500 miners you mean 500 s9 you have to cover a big ass 500 x 1.4kw(anminer s9 consumption), which is 700kwh x 24 x 365 = around 6M kwh therefore you need 6000x 1kw of panel, not worth all the money needed |
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Just a quick fact check, fiat is the main currency used to support terrorism. Nothing has changed right?
Bitcoin's market cap is far too low to finance a huge terrorist organisation. If it were to happen, rules imposed on exchange (AML/KYC) policies can help to prevent it. It is hard to purchase anything with Bitcoin without exchanging to fiat first.
not to mention that terrorist buying bitoin for their activity would actually support bitcoin, more than bitcoin supporting them i mean terrorist don't have any way to have bitcoin minus buying, if they were really using bitcoin, right now the price would be higher |
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i'm also interested in this, as it is now no country is taxing bitcoin directly, but i read here and there that maybe in the usa, they are finding a way to tax bitcoin directly, by tracking the activity linked with coinbase
still this leave plenty of other ways to use bitcoin that are not linked with coinbase, like mining them and sending to openbazar to purchase what you want
and because tracking all this is simply impossible, i believe that in the end bitcoin directly usage will be only half tracked by the government, or at best only for big purchase
I tend to agree with you about it being difficult for regulators to understand and track; however, I still encourage all of my fellow citizens to pay their taxes. We have a responsibility to our communities and to our country. George D. Greenberg, Esq. www.attorneybitcoin.combut the point is, if bitcoin usage like a currency, is not taxed, why i should declare and pay tax for it? therefore it's not a matter of evasion here the problem is that there is no law that say that bitcoin is taxable if you don't convert to fiat, then you have complex case like somoone ordering stuff from abroad and pay directly in bitcoin so even if that country say that i need to declare my income when i use bitcoin as a currency, other country may say otherwise |
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the first don't always work, first because i don't always need to send all the coins to a single entity
second because the size of the transaction will be bigger, and you will end up paying more anyway
i don't like coinbase, because they require id and track you like no tomorrow, and bitcoin should preserve a little your privacy i think
for now the best oen is paying half of the average and use an accelerator, or simple wait, it's a good compromise
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bitcoin could reduce greatly the cost of money transmission, if all the countries were to use it instead of rely on bank
think about the possibility to have a world with only one currency wthout any bank or people that work there
you would have a world with far less useless infrastructure and fee that need to be spend to pay who work on the bank and for maintanace(atm bank itself etc...) everyday
If you are talking about the one currency for the world using bitcoin then you are day dreaming, because that is impossible. Just imagine if our world will use a currency or cryptocurrency that has limited supply, can you imagine what will be the effect in the market? The price will not be stable because a lot of people are demanding for it and if that happens, we will be on chaos because of shortage of the supply because compare to the supply of bitcoin to the overall population of humans then that is your answer. it will be stable when will reach full adoption, because everyone will have its portion of the supply, bitcoin is divisable and there are plenty for everyone in the world, the instability will not be an issue anymore actually, if there are no fiat and Bitcoin have no countervalue in fiat, because you don't need to dump, you use bitcoin as it is like a currency |
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i'm prefectly aware of all the coins in existance that have still some value, and only zero is pro amd for now(because no nvidia miner...), all the other are better to mine with nvidia
Amph, you are wrong here, some amd coins exist. Also, first wave of gpu sellout is about to begin. i'm talking about niche coins here, what are those coins? the last very profitable coins i found were pascalite, honey and nexus, all better to mine with nvidia on cryptopia all the coins have the same or less profit than ZEC |
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No, no they aren't always there. There aren't Decreds laying around. It's getting lucky once in a blue moon. That's why it's such a big deal when someone exposes one of those coins, because there aren't that many of them and when one of them craps out, you're subpar earnings for quite awhile. AMD has niches as well in addition to much more solid everyday earnings.
I like how you have no idea how many 'niche coins' there are, but you're sure AMD has 'less of them'.
Emission rate isn't everything. I thought you would've learned better Amph padawan. If a coin emits $10,000 a day and has enough hash on it that it's completely saturated (like SIA), it doesn't matter. Emission is also heavily dependent on volume. If a coin is value really highly, but doesn't have buy orders to back it up, it doesn't matter.
Yes, you literally gave the definition of a 'lottery'. Mining random coins hoping one of them ends up big is literally gambling.
yes they are always there, you can find new shit coin each day, some are worthless other not, and yes i have checked all the coins that have a value on all the exchange, like cryptopia and coinexchange etc plus the ann thread each day i'm prefectly aware of all the coins in existance that have still some value, and only zero is pro amd for now(because no nvidia miner...), all the other are better to mine with nvidia emission rate is everything to know if the coins is worth mining, what sia have to do with my argument, stop talking about big coins that can be dual mined, they have zero value for me and worse profit than what i'm mining now, much worse than what you call "lottrery coin" also for emission rate i mean emission rate in bitcoin you know not in the amount of coins itself, if a coins have 2 btc emission rate, it's clear that it have the buyers that back it up, if there is no volume it has not that emission rate of course.... btw mining all the shitcoin, isn't gambling, because it's assured at 100% that some of them will have a value, and the value of few of them will be so huge, that even if the other are worth zero it doesn't matter |
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Now not to sound mean here or anything but as a potential investor (as in supporting the dev directly) and a long time holder and miner of SPR I have come across something weird when I was researching everything that I could so that I could make a sound investment. I find it extremely strange that Georgem has sent over 110,000 SPR to Bittrex over the last month or so. It is no secret that ShutUpHxbuLdy22g9NE4afviUr2Cnqd68H is one of Georgem's addresses as it's at the bottom of every post he makes. I find it very strange that once the price of SPR started to increase on March 2nd, all of the sudden on March 3rd large amounts started to leave that address for Bittrex. From my couple seconds of following the coins I came to a total around 90,000 SPR going to Bittrex in the month of March. Now the part about this that confuses me the most is, if a Dev knows that he is about to release something amazing, which would make the price go up even more, then why would he sell all of his coins before he releases anything? If I know that I was about to release some amazing things in less than a month, I would be holding all of my coins until the price increased from whatever I am about to release. He sent over 30,000 SPR on March 27th alone which at the price of that day is roughly $3,500. I'm normally not one to judge or anything but again, if I was going to release something big and drive the price up further, I wouldn't be selling everything before that. Just my thoughts....
The recent price activity has been due to a scramble to buy SPR in order to take advantage of the planned swap for HLM in a few months. Even then, if I were holding 100k SPR, I'd be foolish to cash out now given the potential for HLM to succeed. That is why I am confused that he has sold soo much in the past month. I wouldn't be selling anything at all until after the HLM blockchain snapshot. Just very very odd to me... he said that he need money to espanding future support for spread/helium, adding nodes etc... don't panic for this |
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Yup and you can't talk about them which means they're small coins and highly unstable. If other people figure them out, they die. AMD also has coins like that. You can't plan long term financial outlooks off a coin which might not be profitable tomorrow.
You can play russian roulette with the markets too. Sure it does matter, but you can't predict which coins will be highly profitable for a couple days.
Being the same as Zcash doesn't help anyone and is exactly why I used Zcash as a baseline in the first place.
'Was' showing the volatility of your claims. Library 'was' extremely profitable for Nvidia for awhile, Zcash 'was', Decred 'was', Vanilla 'was', Sib 'was' for me. Besides extremely niche coins we haven't had a big payday since Library. And if you think all I mine is Zcash you're mistaken. You're not the only one who can find niche coins, hence my pissed off post a couple months ago about Sib after someone ruined that.
I do like how you guys like to act as if I can't find niche coins or somehow am not including that in a hardware analysis. Getting lucky isn't the same as long term profitability. If your only argument for Nvidia is 'winning the lottery', there isn't much else to be said here.
it's not the same as lottery at all, those coins are always there some times they called nexus other time honey other time shitcoin 2.0 etc...the point is that those are always available there and give you substantially more profit they are part of the long term profitability, and can't be ignored, and amd have less of these coins at the moment, because the algo on which those coins are made is pro nvidia the only time amd have an advantage is when nvidia don't have a miner like with the coin called ZERO which i posted not long time ago nexus for instance wasn't a russian roulette at all was just a coin, that was ignored because of no pool and the wierd fact that there is no nethash, this make it harder for miners to try it but you could already tell the profit by looking at the huge emission rate, emission rate is everything here, from that value you know what you do with a coin what you are going to lose to try one of those coins? the majority of them have so low hash that with one day or less you can accumulate so many, which make them always worth the risk, basically there is no risky |
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3000 block already mined plus 10% premine, you must be joking...
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Back to $900.
This thing isn't going to the dark side of the moon unless a lot more activity and hype gets built up. It'll take a while for that to happen. In the mean time we're all going to play this game of buy a little, sell off a little, buy a little, sell off a little.
i don't think so, the new bottom is indeed $1000 now, 900 is a thing of the past, one thing i've noticed is that when the value consolidate two times in a row on the same position, you can be assured that you have a new bottom there and that what is happening, besides that i think the last dump was only a manipulation to buy back from miners or who is, therefore the value never went below $1000 it was a fake move |
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yes and people can't even think about it at the moment, just i said in another post, imagines a world where you have only bitcoin as a main currency
no bank no visa, mastercard circuit would be required, a gigantic reduction in cost would be possible, because you would remove every employees that work in a bank or akin, pretty much like the future deep learning AI will do with every job sector out there
the new banks are each individual and his node(miners full node), this could be enforced if a small reward would be added to full node, to help them grow faster
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