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Author Topic: Fourth alt coin thread last three got oversized.  (Read 108770 times)
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citronick
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May 04, 2017, 12:36:13 PM
 #201

I seem to be getting no where with this question.

Does anyone know if you can do 7 GPU's with Nvidia in a single mining rig? -- I can find someone with 6 but can't find anything about someone having 7.

I had an opportunity to visit one of my customers deep learning labs during a few years ago.
They have a NVIDIA based tesla-k80 rig with 8 x k80 GPUs running Windows (looks like Win Enterprise)
Although this rig was for running parallel applications... it sure is an intriguing mining rig.

If I provided you good and useful info or just a smile to your day, consider sending me merit points to further validate this Bitcointalk account ~ useful for future account recovery...
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May 04, 2017, 02:26:06 PM
 #202

Quote from: fullzero
The existence of ETC is a major reason why ETH really can't go POS; not that I think it was likely in the first place.
This two statements are intriguing, especially connection between ETH not being able to go POS because of ETC staying POW.
Could you elaborate?

ETH going POS would be like Coke deciding they will no longer produce Coca-Cola Classic, but will only sell Coke zero.  The result would be that almost all Coke consumers would start drinking Pepsi or another cola.

Pure POS is a joke; at worst it is trusting a single entity, and at best trusting it is trusting a small network of entities; like how our banking system currently works.  There have been many 'magical' systems that employ complex graph theory and claim to have solved the two generals problem without needing POW.  All of these simply push the problems of POS to the edge of the system, and then claim they don't exist: knowing most people will never bother to learn; let alone understand, the underlying theory.

Fairy tales aside; POS only works when you have a centralized or hierarchical authority structure.  In the end sharding will be revealed to be dependent on a hierarchical authority structure hidden in the periphery of the system.  

ETH going POS would essentially be fully converting ETH into a digital bank token; a digital currency essentially no different from digital dollars.  At that point it would be a contract system upheld at the behest of the hierarchical authority structure: but this is what we have now, why do we need ETH for it?

A Cryptocurrency must have no centralized or hierarchical authority structure.  Its transactions must be immutable.  

If ETH was what it purports to be; it would be ETC.  ETH cannot return transaction immutability without validating ETC.  The only path for ETH is to continue to promise grand visions of a magical POS forever; hardforking to avoid the problem at hand whenever needed.


I seem to be getting no where with this question.

Does anyone know if you can do 7 GPU's with Nvidia in a single mining rig? -- I can find someone with 6 but can't find anything about someone having 7.

It is easier to get 7+ gpu rigs working with lower ram cards.  Getting 7x 8gb or even 7x 6gb cards on one system is not the same as getting 7x 4gb.  Later today I'll see if I can get 7x 1050ti (4gb) to work.
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May 04, 2017, 02:36:29 PM
 #203

Quote from: fullzero
The existence of ETC is a major reason why ETH really can't go POS; not that I think it was likely in the first place.
This two statements are intriguing, especially connection between ETH not being able to go POS because of ETC staying POW.
Could you elaborate?

ETH going POS would be like Coke deciding they will no longer produce Coca-Cola Classic, but will only sell Coke zero.  The result would be that almost all Coke consumers would start drinking Pepsi or another cola.

Pure POS is a joke; at worst it is trusting a single entity, and at best trusting it is trusting a small network of entities; like how our banking system currently works.  There have been many 'magical' systems that employ complex graph theory and claim to have solved the two generals problem without needing POW.  All of these simply push the problems of POS to the edge of the system, and then claim they don't exist: knowing most people will never bother to learn; let alone understand, the underlying theory.

Fairy tales aside; POS only works when you have a centralized or hierarchical authority structure.  In the end sharding will be revealed to be dependent on a hierarchical authority structure hidden in the periphery of the system.  

ETH going POS would essentially be fully converting ETH into a digital bank token; a digital currency essentially no different from digital dollars.  At that point it would be a contract system upheld at the behest of the hierarchical authority structure: but this is what we have now, why do we need ETH for it?

A Cryptocurrency must have no centralized or hierarchical authority structure.  Its transactions must be immutable.  

If ETH was what it purports to be; it would be ETC.  ETH cannot return transaction immutability without validating ETC.  The only path for ETH is to continue to promise grand visions of a magical POS forever; hardforking to avoid the problem at hand whenever needed.


I seem to be getting no where with this question.

Does anyone know if you can do 7 GPU's with Nvidia in a single mining rig? -- I can find someone with 6 but can't find anything about someone having 7.

It is easier to get 7+ gpu rigs working with lower ram cards.  Getting 7x 8gb or even 7x 6gb cards on one system is not the same as getting 7x 4gb.  Later today I'll see if I can get 7x 1050ti (4gb) to work.


I bolded the most import thing to understand about POS.

Basically  it is interest on a bond or interest in a bank.

Right now worldwide  all bank and all bond interest is terrible.  Well under 5%

Actually in many places bank interest on  account is well under 2%.  Yeah it is insured and "safe" but it sucks.

POS  is basically a variation  of bank account or bond account interest.  With one exception it is not insured by the country the coin is in.

So How can they pay you  say 6% on your coins and not go broke?  I personally think they can't do it.

I think eth will remain pow.    and the backing it has is the gear that mines it.

this is why I prefer gpu based/backed coins.
over asic backed coins.

I ask you would you rather trust AMD,NVIDIA,INTEL,ASUS,EVGA,MSI,Biostar,Asrock,Gigabyte,Seasonic ,Corsair,Antec,Rosewill. And many more real hardware companies.

or Bitmain, Bitfury, Avalon, Baikal   as the backers of your coins.

Basically  this is what backs your coins up for POW the gear mining it.

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May 04, 2017, 04:52:57 PM
 #204

@fullzero is probably right and POS is not a good scheme (most likely), but I would like someone try and see what happens just for a sake that all possibilities are investigated.
You will still need a good computer and reliable connection to participate, so computing is involved, it is not exactly a bank account.

Regarding numbers, I think that they aim at 1-2% yearly coin addition (eth). This comes from not every coin participating in POS. If such thing happens soon, ethereum would actually have lower current inflation rate in comparison with bitcoin. Participating coins would be paid something around 5%, more or less. Theoretically, you can POS-mine with CPU and POW mine with GPU, so why not?

Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.
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May 04, 2017, 07:13:20 PM
 #205

Quote from: Biodom
Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.
[/quote

Red herring to discourage ASIC development maybe?
Or just a red herring?

we are nothing but a smart contracts on a cosmic blockchain
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May 04, 2017, 07:56:28 PM
 #206

Anyone know the wall power draw of a 1060 6gb gtx?

As I see a super coin as the super highway and alt coins as taxis and trucks needed to move transactions. ~philipma1957
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May 04, 2017, 08:06:06 PM
 #207

Anyone know the wall power draw of a 1060 6gb gtx?

Depends on your power settings really.

I turned my EVGA 6GB SSC model down to make it really efficient and at 60% power it was only 90W and still doing ~310 sol/s Smiley

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May 04, 2017, 08:10:34 PM
 #208

@fullzero is probably right and POS is not a good scheme (most likely), but I would like someone try and see what happens just for a sake that all possibilities are investigated.
You will still need a good computer and reliable connection to participate, so computing is involved, it is not exactly a bank account.

Regarding numbers, I think that they aim at 1-2% yearly coin addition (eth). This comes from not every coin participating in POS. If such thing happens soon, ethereum would actually have lower current inflation rate in comparison with bitcoin. Participating coins would be paid something around 5%, more or less. Theoretically, you can POS-mine with CPU and POW mine with GPU, so why not?

Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.

Waves is using POS and LPOS right now (Leased Proof of Stake). Community is torn between "Hey i'm making money by doing nothing but leaving my coins in my wallet" and "Wow, the rewards for leasing are really shitty. Fees generated are low and we need more transactions." So far the general consensus is that it is a good thing, and over time with more adoption, POS will net a lower return than POW mining but will promote accumulation of coins. If people are hording coins to get better rewards from POS than that creates a bearish market place.

If Eth goes to POS, miners will be pissed and accumulators will be happy. The bad part is that probably 75% of all transactions done in Eth are due to mining and redistributing mining rewards anyway. So if going to POS means less transactions, then less rewards for staking. Am I correct on this?

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May 04, 2017, 08:21:58 PM
 #209

Anyone know the wall power draw of a 1060 6gb gtx?

Depends on your power settings really.

I turned my EVGA 6GB SSC model down to make it really efficient and at 60% power it was only 90W and still doing ~310 sol/s Smiley

I might get one of each then an run some test
Each being 1060 1070 1080

As I see a super coin as the super highway and alt coins as taxis and trucks needed to move transactions. ~philipma1957
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May 04, 2017, 08:33:51 PM
 #210

@fullzero is probably right and POS is not a good scheme (most likely), but I would like someone try and see what happens just for a sake that all possibilities are investigated.
You will still need a good computer and reliable connection to participate, so computing is involved, it is not exactly a bank account.

Regarding numbers, I think that they aim at 1-2% yearly coin addition (eth). This comes from not every coin participating in POS. If such thing happens soon, ethereum would actually have lower current inflation rate in comparison with bitcoin. Participating coins would be paid something around 5%, more or less. Theoretically, you can POS-mine with CPU and POW mine with GPU, so why not?

Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.

Waves is using POS and LPOS right now (Leased Proof of Stake). Community is torn between "Hey i'm making money by doing nothing but leaving my coins in my wallet" and "Wow, the rewards for leasing are really shitty. Fees generated are low and we need more transactions." So far the general consensus is that it is a good thing, and over time with more adoption, POS will net a lower return than POW mining but will promote accumulation of coins. If people are hording coins to get better rewards from POS than that creates a bearish market place.

If Eth goes to POS, miners will be pissed and accumulators will be happy. The bad part is that probably 75% of all transactions done in Eth are due to mining and redistributing mining rewards anyway. So if going to POS means less transactions, then less rewards for staking. Am I correct on this?

close enough.

pow is backed by mining gear and power usage

pos is backed by ?  or as you say less transactions.


I look at this   from viewpoint of what keeps prices of coin high?  

answer people that want prices high try to get the coins  by mining or purchase of coins.

if you pull mining out.   you lose the interest of miners.  and this means

Intel    says fuck that coin no one buys my gear to mine it
Amd    says fuck that coin no one buys my gear to mine it
Nvidia  says fuck that coin no one buys my gear to mine it
Asus
Asrock
Biostar
Gigabyte
Msi
Evga
Sapphire
Zotac
Diamond
Palit
Galax
Corsair
Seasonic
Antec
Geil
Mushkin

any a lot of other companies  simply won't have a thing to gain  by supporting the coin that left them  and became  pos

Pos  = proof of stake  to most  to me piece of shit.

I already learned all this when I got deep into PPC

And they  were  both POW and POS.  I pointed all my sidehack compac sticks at them and hit a few solo blocks.

I then rented some heavy th say 100th and hit a lot of blocks I had 2000 PPC    all staked  and reaching 99% certainty to  divest 1% interest or a big 20 coins  about 10 dollars.

They then said no more mac   wallets I had to covert to a windows wallet.  And not matter what I did I would lose my 99%  certainty of 1% interest on the 2000 coins since I would need to pull them from the wallet  and put them into the new wallet.

I complained and posted on this in the PPC forums  did a bit of follow up  studied PPC and pos rules more   decided to never get involved in pos cash the PPC coins out  and have not had a single interest in pos coins ever again.

to date no pos coin thrives  because they are basically a non regulated bank.

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May 04, 2017, 08:50:39 PM
 #211

philipma1957 Thanks for the input, switched out the CPU and RAM after some looking around.  Guessing the RAM wont get hot or anything so no need for the heat spreaders on the RAM?  SSD was not much more and for some extra storage in case I need to download a block chain or two. 

Now for the real hard hitting question what should I be looking at GPU wise for ROI and pure profit over the next few months to year or so Nivida 1060/1070/1080 or ti variants or AMD RX 470/480 or 570/580?  Also with those what cryptocurrencies would those GPU be best for?

hardest question is what cards to use.

I have not tried any rx 570's or 580's

why  I went through stages with my cards

first all rx 470's mostly all 4gb
ungraded to rx 480's all 6gb
now doing all nvidia 1080 ti's

my setup at the moment is

8 rx 480 8gb
2 nvidia 1070 8gb
1 nvidia 1080 8gb
7 nvidia  1080 ti 11gb.

about 8000h for zec
What's the power usage on a 1080 TI for zcash

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May 04, 2017, 08:59:20 PM
 #212

@fullzero is probably right and POS is not a good scheme (most likely), but I would like someone try and see what happens just for a sake that all possibilities are investigated.
You will still need a good computer and reliable connection to participate, so computing is involved, it is not exactly a bank account.

Regarding numbers, I think that they aim at 1-2% yearly coin addition (eth). This comes from not every coin participating in POS. If such thing happens soon, ethereum would actually have lower current inflation rate in comparison with bitcoin. Participating coins would be paid something around 5%, more or less. Theoretically, you can POS-mine with CPU and POW mine with GPU, so why not?

Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.

Waves is using POS and LPOS right now (Leased Proof of Stake). Community is torn between "Hey i'm making money by doing nothing but leaving my coins in my wallet" and "Wow, the rewards for leasing are really shitty. Fees generated are low and we need more transactions." So far the general consensus is that it is a good thing, and over time with more adoption, POS will net a lower return than POW mining but will promote accumulation of coins. If people are hording coins to get better rewards from POS than that creates a bearish market place.

If Eth goes to POS, miners will be pissed and accumulators will be happy. The bad part is that probably 75% of all transactions done in Eth are due to mining and redistributing mining rewards anyway. So if going to POS means less transactions, then less rewards for staking. Am I correct on this?




Waves is like Visa or Mastercard.  Granted I can do a lot more with waves; however this centralized entity could go full ponzi at any time. 


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May 04, 2017, 09:32:45 PM
 #213

philipma1957 Thanks for the input, switched out the CPU and RAM after some looking around.  Guessing the RAM wont get hot or anything so no need for the heat spreaders on the RAM?  SSD was not much more and for some extra storage in case I need to download a block chain or two. 

Now for the real hard hitting question what should I be looking at GPU wise for ROI and pure profit over the next few months to year or so Nivida 1060/1070/1080 or ti variants or AMD RX 470/480 or 570/580?  Also with those what cryptocurrencies would those GPU be best for?

hardest question is what cards to use.

I have not tried any rx 570's or 580's

why  I went through stages with my cards

first all rx 470's mostly all 4gb
ungraded to rx 480's all 6gb
now doing all nvidia 1080 ti's

my setup at the moment is

8 rx 480 8gb
2 nvidia 1070 8gb
1 nvidia 1080 8gb
7 nvidia  1080 ti 11gb.

about 8000h for zec
What's the power usage on a 1080 TI for zcash

with 65% to 70%  power setting
100+ core
300+ ram
 75% manual fan

378.78 drivers windows 7

about 180 watts at wall   about 620 to 665h  all depends on card and psu  ,

 but in all cases with good settings all 7 of my 1080 ti's do 3.2 to 3.5 h per watt at the wall

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May 04, 2017, 09:37:11 PM
Last edit: May 04, 2017, 09:53:16 PM by Biodom
 #214

@fullzero is probably right and POS is not a good scheme (most likely), but I would like someone try and see what happens just for a sake that all possibilities are investigated.
You will still need a good computer and reliable connection to participate, so computing is involved, it is not exactly a bank account.

Regarding numbers, I think that they aim at 1-2% yearly coin addition (eth). This comes from not every coin participating in POS. If such thing happens soon, ethereum would actually have lower current inflation rate in comparison with bitcoin. Participating coins would be paid something around 5%, more or less. Theoretically, you can POS-mine with CPU and POW mine with GPU, so why not?

Finally, Ethereum founders ALWAYS maintained that ethereum would eventually go POS, so miners should have been prepared for a transition.


pow is backed by mining gear and power usage

pos is backed by ?  or as you say less transactions.

Pos  = proof of stake  to most  to me piece of shit.



to quote one of the best movies:
"...but me, my eyes are wide fucking open..."

[mine or not mine, POS or POW, whatever is more interesting and rewarding]
People seem to be OK with dash masternodes that generate coins.
I fail to see a difference with whatever happens when ethereum goes POS
Cheers
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May 04, 2017, 09:51:08 PM
 #215

Anyone know the wall power draw of a 1060 6gb gtx?

Depends on your power settings really.

I turned my EVGA 6GB SSC model down to make it really efficient and at 60% power it was only 90W and still doing ~310 sol/s Smiley

I might get one of each then an run some test
Each being 1060 1070 1080


sent a pm with info

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.. PLAY NOW ..
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May 05, 2017, 12:22:20 AM
 #216

Hey Phil or anyone that uses smos
Have y'all tried compiling the nvidia drivers on the os
To get support for those cards
I don't have the cards yet to tinker

As I see a super coin as the super highway and alt coins as taxis and trucks needed to move transactions. ~philipma1957
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May 05, 2017, 01:43:25 AM
 #217

Hey Phil or anyone that uses smos
Have y'all tried compiling the nvidia drivers on the os
To get support for those cards
I don't have the cards yet to tinker

smOS builder  ty said it does not work with nvidia at the moment.  I have not tried at all

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May 05, 2017, 01:45:24 AM
 #218

Hey! Can you help?

Im using Zec miner 0.3.3b and MSI Afterburner. Settings to all 4x GPUs are 80, 100, 500.

And each of them giving about 470 sol. But sometimes after restarting miner some of the GPU is giving 410 sol instead of 470 as always. So its become 470 410 470 470. What could it be and how to fix that?

It can be fixed if i manually will make default settings in Afterburner and bring it back to 80, 100, 500 in this GPU. Or restarting PC is helping too.

This is how it looks like


citronick
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May 05, 2017, 05:11:42 AM
 #219

Phil - whats the best bang BRAND for the buck on building a 3xGPU 1080ti ZEC rig?

I am looking at Asus but the ones from other with fans and reference types differs in price quite a bit.

For ZEC mining, which ones are the "Nitro+++" equivalent?

Also, 1080ti or 1070ti ?

I am thinking of taking off all my Nanos and 480s out from the Biostar Z170-GT7 and turning them into 3-4 cards ZEC rigs.

Thanks

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May 05, 2017, 07:49:08 AM
 #220

Did you know what could be a problem?


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