Searing (OP)
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Clueless!
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November 08, 2016, 09:19:42 AM |
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I would not have bought RX480s, they're not really more powerful than the RX470s.
That said, I think ZEC will go back up once they fix their z wallet bug. Also, it's still more profitable to mine than ETH for the moment...
no, it is not. Depends on your specific rigs and specific energy costs. For *ME* right now ETH is more profitable - but it's close enough that could change tomorrow. ETH last announcement I saw was middle of next year for POS - though 2 GB cards will get "DAG size killed" sometime sooner. Yeah if you wanted to make the 'long bet' at some point below then ....assuming difficulty allows it for ZEC you mine like hell and hold then when the ETH and ETC go POS coin...all those GPU ETH or ETC miners go to ZEC mining. Either a good thing or a tank at that point balls to wish ratio on this is large...no clue...just saying
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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Golku
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November 08, 2016, 11:41:43 AM |
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Well we still have ETH so its not a big deal
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adaseb
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November 08, 2016, 11:54:15 AM |
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You need to look at miners reward.
For ETH its ~$300,000 daily.
For ZEC currently its ~$400,000 daily.
So if this price and reward ratio hold, we will be making double the profits pre-ZCASH.
But the price ZEC/BTC definately will keep going down. Not only this month but for the entire year while the supply keeps increasing.
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Jitmad
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November 08, 2016, 01:50:49 PM |
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You need to look at miners reward.
For ETH its ~$300,000 daily.
For ZEC currently its ~$400,000 daily.
So if this price and reward ratio hold, we will be making double the profits pre-ZCASH.
But the price ZEC/BTC definately will keep going down. Not only this month but for the entire year while the supply keeps increasing.
I reckon the ZCash price will be about 10 to 20% of the current price, that is due to the increased supply.
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Eyedol-X
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November 08, 2016, 02:47:17 PM |
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I switched all my AMD GPU's back to ETH today.
After calculating based upon just my GPU's capability, ETH more profitable as of today for me (assuming ZEC value continues to fall)
I left all my non-AMD GPU's and CPU's on Zcash though.
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Kevinatin
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November 08, 2016, 03:01:38 PM |
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I switched all my AMD GPU's back to ETH today.
After calculating based upon just my GPU's capability, ETH more profitable as of today for me (assuming ZEC value continues to fall)
I left all my non-AMD GPU's and CPU's on Zcash though.
I did the same apart from the R9 280X. They are more profitable to mine the ZCash than the Etherum.
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adaseb
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November 08, 2016, 03:11:54 PM |
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Was such a waste of time modding and flashing all these bios's back and forth. Installing Ubuntu... then Windows ... then Ubuntu again.
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Eyedol-X
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November 08, 2016, 03:14:32 PM |
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Was such a waste of time modding and flashing all these bios's back and forth. Installing Ubuntu... then Windows ... then Ubuntu again.
Yup that's what I decided on Zcash launch day to use the Nicehash miner and just get paid in BTC since it ran in Windows.
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Tmdz
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November 08, 2016, 03:41:05 PM |
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I think zec might be a worthwhile coin to mine after we reach the full block reward.
But the way it is now, you mine your coins and by the time you sell them its worth wayy less.
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PovertyByte
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November 08, 2016, 05:10:32 PM Last edit: November 08, 2016, 05:40:01 PM by PovertyByte |
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I had thoughts on getting 2x GTX 1060's or RX 470's with the upped profits knowing I can move them to another script later but I could tell ZEC mining would tank Even while it was profitable the block rewards were growing far slower than the price drop on the coin and the network dificulty was rising in a frenzy The big reason the price dropped is the model We could have literally divided the price by 100 and multiplied the block reward by 100 and mining would be the same profit but less hype because everyone bought into the sticker price of a single coin. That combined with pure profitability made ZEC into a perfect pump and dump coin I'm glad I did my mining with Nicehash and instant sold it while all the Suprnova people were basically losing value between the time of their shares and when they sold it ZEC may someday get up in market cap and have its place as a top 10 crypto. The way I see it unlike BTC, LTC, and DASH it is not an ASIC coin so the mining is less centralized by mega whale farms. Unlike Monero, ZEC has optional transparency which makes it both viable as a darknet coin and a mainstream coin. Off hand I may be off with the details but isn't Monero and Dash both victim to large premines which arguably can be worse than the ZEC 20% mining tax by the devs? Lastly, it is clearly better with GPU's but it is still pretty good with CPU's which a CPU coin allows more people to just mine it making it even less centralized in hash power Thing is the total supply of 21 million like BTC makes it in a seat to overtake BTC which is our established gold already. As for general currency, I do not think the public wants to adapt something we have to all count heaps of zero's down from the coin for every and all transactions. A coin where the total supply is much higher with a value per coin within the ranges we're familiar with in current fiat or that of a century ago before inflation is more ideal. Dash and Monero are not winning here either. So I basically see Zcash as the competitor to Dash and Monero while technically being more advanced to BTC but just too late to be gold in crypto Time will tell. Maybe this will be our mining coin after ETH is POS I think zec might be a worthwhile coin to mine after we reach the full block reward.
But the way it is now, you mine your coins and by the time you sell them its worth wayy less.
I intend to not invest into ZEC until the block reward has finally grown. It's only granted to decrease value as the reward grows and the supply is practically multiplying since it is still new.
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sp_
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November 08, 2016, 06:21:42 PM |
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Everybody is moving to mine zec classic.
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Searing (OP)
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Clueless!
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November 09, 2016, 07:32:50 AM |
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Everybody is moving to mine zec classic.
and this is priced at what and where can you sell such? (just saying so new that only person holding it is the zec classic satoshi who ported it...is that what we are talking about here?) ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) not a slam just find nothing on what you say ..google just shows zec current
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Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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sp_
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November 09, 2016, 07:44:19 AM Last edit: November 09, 2016, 07:55:29 AM by sp_ |
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Estimated
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November 15, 2016, 04:44:20 PM |
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The ZClassic is just a copy cat. It is worse than the ZCash if it does not have proper development.
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joblo
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November 15, 2016, 05:24:18 PM |
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I don't understand why people would buy new equipment for a new coin when they already have suitable equipment. It's not like buying a new dress for a big night out. Then again I don't like Kool-Aid either.
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eckmar
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November 15, 2016, 05:38:38 PM |
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Don't think so. No development at all. What they did is just remove 20% developer free from zcash and thought that everyone will just jump over to new coin. Well nah. Some (i hope everyone) people are looking at coin's future before they start with mining or invest in it
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BTCBusinessConsult
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November 15, 2016, 08:48:46 PM |
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A few days before the launch of Z-Cash I said this coin would go down as one of the most over hyped mine and dump coins this half of the year. Seems more and more every day I am correct. Glad I put money into Stratis instead of Zcash ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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AmDD
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November 15, 2016, 09:14:02 PM |
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As far as the OP, I didnt build rigs for zcash. I did, however, build a little farm for Ether (a bit later into the hype than I should have but so be it). I mined Ether for awhile and then switched to zcash on day 1 and have been mostly there ever since. I do keep up with price and such and will switch back once the profitability dies. SOme pictures and specs here: http://forum.feathercoin.com/topic/8678/new-farm-setup/
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Jitmad
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November 17, 2016, 07:35:37 AM |
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As far as the OP, I didnt build rigs for zcash. I did, however, build a little farm for Ether (a bit later into the hype than I should have but so be it). I mined Ether for awhile and then switched to zcash on day 1 and have been mostly there ever since. I do keep up with price and such and will switch back once the profitability dies. SOme pictures and specs here: http://forum.feathercoin.com/topic/8678/new-farm-setup/If you build a rig for Ethereum, then it will be useless for Ethereum within a year as it will be PoS by that time.
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Amph
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November 17, 2016, 07:42:41 AM |
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As far as the OP, I didnt build rigs for zcash. I did, however, build a little farm for Ether (a bit later into the hype than I should have but so be it). I mined Ether for awhile and then switched to zcash on day 1 and have been mostly there ever since. I do keep up with price and such and will switch back once the profitability dies. SOme pictures and specs here: http://forum.feathercoin.com/topic/8678/new-farm-setup/If you build a rig for Ethereum, then it will be useless for Ethereum within a year as it will be PoS by that time. the hashrate and money will likely move to somethign else, like etheruem classic or zclassic or whatever any new thign will come out the profit in those coins can not simply disappear it will re-arrange itself to a new beginning i still remember when many were saying some months ago that after ethereum the mining scene would have been dead, look now you have other good options...
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