Fourth alt coin thread last three got oversized.

[QuintLeo]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

 Probably not a lot - the changes being implimented by the fork is intended to FINALLY fix the scaling issue that has been causing a massive backlog on BTC transactions, and are the result of a BROAD CONSENSUS of agreement at that "summit" meeting a month or so ago involving pretty much ALL of the major pool operators, ALL of the major exchanges, and most if not all of REALLY BIG mining farm operators.

 Without the changes being implimented, or changes of a SIMILAR nature, Bitcoin was heading to a long-term crash because it flat out COULD NOT HANDLE THE LOAD and had been overloaded for most of the past year, with an overload level that had been growing and causing fees to climb a LOT.


 This is NOT the core dev team operating without consensus, it is the core dev team FINALLY breaking down and agreeing to make changes IN ACCORDANCE TO A LARGE CONSENSUS to finally fix very long-standing issues that were threatening the long-term viability of Bitcoin.

 I believe that the recent price drops on Ethereum and ZCash vs. Bitcoin is in part DUE to this resolution of long-standing Bitcoin scaling issues having finally gotten approved.


 Saying that this fork is going to cause serious waves is no more than baseless ignorance and FUD.

[1714110807]

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[citronick]

lets change the subject a bit..... depressing this hard fork issue...

I just ordered this:

https://www.aliexpress.com/item/New-in-BOX-ASRock-Technology-H110-PRO-BTC-H110-mining-board-support-13-graphics-card-DDR4/32822043486.html?spm=2114.13010608.0.0.GrsVzE

My current ETH farm is very stable with 6 x RX470s per H81 and TB85, ROM modded, 26MHs low power and cool as a cat, working like a charm.

I could further improve my footprint per hash, by consolidating 12 x GPUs just under 10amps.

However, if it aint broke why fix it....

Well... let's see how this goes. The Zotac 1070 Minis will surely go on this board.

[Chili.Dog]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

[philipma1957]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

does look cool a 13 card board.

I have to think use  an i5  6400t  but not sure.

[ticmmae]

I am getting flakey numbers on this nicehash account


https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

How many cards is that your running? seen the 1080ti labels, rig 1 seems like 2x1080ti's and rig 2 im unsure on.. seems like 2x1080ti +1080?
Just curious, im looking to make a change.. my earnings lately have been terrible on zpool... with 18x 1080ti's i made a whole 0.0189btc in 24hrs of mining....

zcash is down big time on nicehash so I switched to zpool skein a couple days ago. running 14x 1080ti, 1x1080, 1x1070, 1x980ti. about $15-20 more a day than nicehash.

how do you make more on skein over equihash? I just tried and i am getting a lot lower on skein..

[philipma1957]

I am getting flakey numbers on this nicehash account


https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

How many cards is that your running? seen the 1080ti labels, rig 1 seems like 2x1080ti's and rig 2 im unsure on.. seems like 2x1080ti +1080?
Just curious, im looking to make a change.. my earnings lately have been terrible on zpool... with 18x 1080ti's i made a whole 0.0189btc in 24hrs of mining....

zcash is down big time on nicehash so I switched to zpool skein a couple days ago. running 14x 1080ti, 1x1080, 1x1070, 1x980ti. about $15-20 more a day than nicehash.

how do you make more on skein over equihash? I just tried and i am getting a lot lower on skein..

all coins are down. So any info may be out of date.

Also one day test is not accurate.

[citronick]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

CPU
Celeron G3930
but 8GB RAM due to multi-GPU

OS:
smOS for RX480, 470 testing
nvOC for Zotac 1070 Minis
Windows? I dont think it will pass 8 cards, or more on Windows Enterprise...

Unless you are CPU mining, I would go for cheapest Celeron or entry level Pentium or i3.
Looking at the reviews of TB250 and H110 12/13 slotters -- you need more RAM to get the rig working properly not so much the CPU power.

https://www.youtube.com/watch?v=exjRTIZu89Q

[KaydenC]

I am getting flakey numbers on this nicehash account


https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr

How many cards is that your running? seen the 1080ti labels, rig 1 seems like 2x1080ti's and rig 2 im unsure on.. seems like 2x1080ti +1080?
Just curious, im looking to make a change.. my earnings lately have been terrible on zpool... with 18x 1080ti's i made a whole 0.0189btc in 24hrs of mining....

zcash is down big time on nicehash so I switched to zpool skein a couple days ago. running 14x 1080ti, 1x1080, 1x1070, 1x980ti. about $15-20 more a day than nicehash.

how do you make more on skein over equihash? I just tried and i am getting a lot lower on skein..

It's about $4.80/day per 1080ti on Skein now. 2 weeks ago it was like $10.

[flminer]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

CPU
Celeron G3930
but 8GB RAM due to multi-GPU

OS:
smOS for RX480, 470 testing
nvOC for Zotac 1070 Minis
Windows? I dont think it will pass 8 cards, or more on Windows Enterprise...

Unless you are CPU mining, I would go for cheapest Celeron or entry level Pentium or i3.
Looking at the reviews of TB250 and H110 12/13 slotters -- you need more RAM to get the rig working properly not so much the CPU power.

https://www.youtube.com/watch?v=exjRTIZu89Q

Do I need more than 4gb ram for 8 card rigs also? Can get 7 running, but says not enough resources when I put the 8th card in. Running win 7 pro 64. Thanks

[SVK]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

no joke right there.

If we can't get our way the legit way, we will force it on everyone.....   the core team has lost their minds with this mentality.   Destroying bitcoin.  Going against it's core principles... one as basic as consensus....  It's sad... Truly sad.   They lost a LOT of respect in my eyes.

This hardfork is going to cause some serious waves......

I may shift to cash to ride this out.

Hi Phillip,

I have all BTC on Electrum and I'm not sure what to do
Looks like someone went full retard and decided to split BTC

I have no clue how to split BTC and there is one article from Electrum site as to what to do but they are talking about Linux and I would rather kill myself than touch that nonsense system.

Should I just quickly download Bitcoin core and transfer all BTC there or sell all coins I'm holding since 2013 ?
(It's sad to see end of the bitcoin after all those years)

Thank you for help  

[philipma1957]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

no joke right there.

If we can't get our way the legit way, we will force it on everyone.....   the core team has lost their minds with this mentality.   Destroying bitcoin.  Going against it's core principles... one as basic as consensus....  It's sad... Truly sad.   They lost a LOT of respect in my eyes.

This hardfork is going to cause some serious waves......

I may shift to cash to ride this out.

Hi Phillip,

I have all BTC on Electrum and I'm not sure what to do
Looks like someone went full retard and decided to split BTC

I have no clue how to split BTC and there is one article from Electrum site as to what to do but they are talking about Linux and I would rather kill myself than touch that nonsense system.

Should I just quickly download Bitcoin core and transfer all BTC there or sell all coins I'm holding since 2013 ?
(It's sad to see end of the bitcoin after all those years)

Thank you for help  

depends on how many coins you have.
if you are looking to cash  10 coins or more  you may be taxed

[SVK]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

no joke right there.

If we can't get our way the legit way, we will force it on everyone.....   the core team has lost their minds with this mentality.   Destroying bitcoin.  Going against it's core principles... one as basic as consensus....  It's sad... Truly sad.   They lost a LOT of respect in my eyes.

This hardfork is going to cause some serious waves......

I may shift to cash to ride this out.

Hi Phillip,

I have all BTC on Electrum and I'm not sure what to do
Looks like someone went full retard and decided to split BTC

I have no clue how to split BTC and there is one article from Electrum site as to what to do but they are talking about Linux and I would rather kill myself than touch that nonsense system.

Should I just quickly download Bitcoin core and transfer all BTC there or sell all coins I'm holding since 2013 ?
(It's sad to see end of the bitcoin after all those years)

Thank you for help  

depends on how many coins you have.
if you are looking to cash  10 coins or more  you may be taxed

More than that but I'm in EU so that would not apply to me .?

[jimmykl]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

no joke right there.

If we can't get our way the legit way, we will force it on everyone.....   the core team has lost their minds with this mentality.   Destroying bitcoin.  Going against it's core principles... one as basic as consensus....  It's sad... Truly sad.   They lost a LOT of respect in my eyes.

This hardfork is going to cause some serious waves......

I may shift to cash to ride this out.

Hi Phillip,

I have all BTC on Electrum and I'm not sure what to do
Looks like someone went full retard and decided to split BTC

I have no clue how to split BTC and there is one article from Electrum site as to what to do but they are talking about Linux and I would rather kill myself than touch that nonsense system.

Should I just quickly download Bitcoin core and transfer all BTC there or sell all coins I'm holding since 2013 ?
(It's sad to see end of the bitcoin after all those years)

Thank you for help  

depends on how many coins you have.
if you are looking to cash  10 coins or more  you may be taxed

More than that but I'm in EU so that would not apply to me .?

I think this is good advice:
http://www.nasdaq.com/article/a-beginners-guide-to-surviving-a-coin-split-cm764421

TLDR;
1. Control your private keys.
2. To be on the safe side, avoid any transactions shortly after the split.
3. As the dust settles, split your coins. How, exactly, will depend on Bitcoin's post-fork landscape.

Basically make sure you have control of your wallet(s), don't panic then wait a while to see what happens. The value may drop as the shitstorm settles down but imho it will return to current levels or higher. Remember where it was a couple of years ago!

[citronick]

im curious what is going to happen when the BTC upgrades, im under the understanding that a new HARD FORK is being created for it....

no joke right there.

If we can't get our way the legit way, we will force it on everyone.....   the core team has lost their minds with this mentality.   Destroying bitcoin.  Going against it's core principles... one as basic as consensus....  It's sad... Truly sad.   They lost a LOT of respect in my eyes.

This hardfork is going to cause some serious waves......

I may shift to cash to ride this out.

Hi Phillip,

I have all BTC on Electrum and I'm not sure what to do
Looks like someone went full retard and decided to split BTC

I have no clue how to split BTC and there is one article from Electrum site as to what to do but they are talking about Linux and I would rather kill myself than touch that nonsense system.

Should I just quickly download Bitcoin core and transfer all BTC there or sell all coins I'm holding since 2013 ?
(It's sad to see end of the bitcoin after all those years)

Thank you for help  

depends on how many coins you have.
if you are looking to cash  10 coins or more  you may be taxed

More than that but I'm in EU so that would not apply to me .?

I think this is good advice:
http://www.nasdaq.com/article/a-beginners-guide-to-surviving-a-coin-split-cm764421

TLDR;
1. Control your private keys.
2. To be on the safe side, avoid any transactions shortly after the split.
3. As the dust settles, split your coins. How, exactly, will depend on Bitcoin's post-fork landscape.

Basically make sure you have control of your wallet(s), don't panic then wait a while to see what happens. The value may drop as the shitstorm settles down but imho it will return to current levels or higher. Remember where it was a couple of years ago!

In a recent meeting with my group, to manage the risk of this BTC fork come 1st AUG.... will be moving a large BTC position to ETH and Litecoin.

We also have concluded that there will be panic selling but BTC will rise up above 3K soon enough.... (past case ETH vs ETC), we will monitoring this situation and may buy BTC if it dips below 1700.

[vg54dett]

Citronick , I'm interested in your deep thinking about why you prefer going out of BTC field before hard fork than staying in and get the coins splitted.
It seems that there are pros and cons for both strategys, but none seems obviously superior to the other.
Would be glad to have you thoughts about it !

[citronick]

Citronick , I'm interested in your deep thinking about why you prefer going out of BTC field before hard fork than staying in and get the coins splitted.
It seems that there are pros and cons for both strategys, but none seems obviously superior to the other.
Would be glad to have you thoughts about it !

the facts:
1. nobody (core dev vs hw manufacturers) are likely to budge, so come Aug 1st -- all hell is going to break loose (worst case scenario), my group thinks that ETH, Litecoin and Dash will surge in price.... Monero, ZEC .... maybe
2. "its not the end of the world" --- this fork issue, if it happens... it will shape the surge and resilience of BTC as the leading crypto currency, it needs to be tried and tested...
3. suddenly.... S10 and A8 ASICS will rock the world once again, with premium price. Meanwhile... you can get a spanking new A741 now for 800 bucks.

the risks:
3. the group don't want to be in any compromising position so 3 things to do: take substantial BTC out for cash, take early position in ETH (50%), Litecoin and Dash (30, 20%), and lastly prepare to buy back BTC on the cheap (sub-$1700). As far back as 3 months ago, the group has increased ETH farm hash and buying ETH whenever it drops... we got a few good buys during the exchange glitch at Polo.
4. 4th option -- do nothing.... but we dont want to risk it. This situation is not anything like ETH vs ETC fork, because core dev is not in control, hence forcing the segwit fork to fix their software bugs... dont forget the other big force -- Bitmain, and while they agreed to do segwit, they agreed segwit and 2mb blocksize bump up together..... but Core dev may not have this in mind...  so because this is a case of 2 five year olds fighting each other ... so we wont be part of that - lets be realistic.... yes, we support the blockchain but we dont want to go bankrupt either....

the strategy:
1. the risks are real
2. you got to have a strategy (any strategy to hedge or to limit risks)
3. diversify.... just like how you would in the stock market.

[Storx]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

does look cool a 13 card board.

I have to think use  an i5  6400t  but not sure.

Wouldnt you need like an i7? i wouldnt think the i3 and i5 have enough pcie bandwidth... my understandings is each 1x pcie slot reserves 2 channels on pcie controller..... the motherboard may be compatible with the lower cpu's but do they have enough channels to fully use the motherboard fully??

ive read that i3 with 16 channels can only support up to 8 gpu's max

ive read that i5 with 16 channels can only support up to 8 gpu's max

ive read that i7 with 28 channels can only support up to 14 gpu's max

[philipma1957]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

does look cool a 13 card board.

I have to think use  an i5  6400t  but not sure.

Wouldnt you need like an i7? i wouldnt think the i3 and i5 have enough pcie bandwidth... my understandings is each 1x pcie slot reserves 2 channels on pcie controller..... the motherboard may be compatible with the lower cpu's but do they have enough channels to fully use the motherboard fully??

ive read that i3 with 16 channels can only support up to 8 gpu's max

ive read that i5 with 16 channels can only support up to 8 gpu's max

ive read that i7 with 28 channels can only support up to 14 gpu's max

truth is I am not sure  but  I have i5 6400t  and I have i7 6700t.  and I think I will do 1 big rig no more.  so I am set.


to the fork.


I have

btc----------6 =   15000
cash ---------  =   3000
gpus ---------  =  10000
asics ---------  =   6000
other coins --- =   1000
total assets      =  35000
  credit debt     =    6000
 net worth        =   29000

looks to me I need less btc more cash and get some other coins

[citronick]

@ Citronick, What CPU would you recommend for that board? i3, i5?
ram? I'm thinking about getting one too.
Thanks for any info.
Chili
 

does look cool a 13 card board.

I have to think use  an i5  6400t  but not sure.

Wouldnt you need like an i7? i wouldnt think the i3 and i5 have enough pcie bandwidth... my understandings is each 1x pcie slot reserves 2 channels on pcie controller..... the motherboard may be compatible with the lower cpu's but do they have enough channels to fully use the motherboard fully??

ive read that i3 with 16 channels can only support up to 8 gpu's max

ive read that i5 with 16 channels can only support up to 8 gpu's max

ive read that i7 with 28 channels can only support up to 14 gpu's max

I followed Cryptomined's video, since he got the 12 x GPUs (6x1060s and 6x580s) working with Celeron but he did try both 8GB and 16GB memory in the build.

Biostar's guide was 8/16GB for 6xcards and 16/32GB for 12 cards.

https://www.youtube.com/watch?v=exjRTIZu89Q

[SCSI2]

[...]

I followed Cryptomined's video, since he got the 12 x GPUs (6x1060s and 6x580s) working with Celeron but he did try both 8GB and 16GB memory in the build.

Biostar's guide was 8/16GB for 6xcards and 16/32GB for 12 cards.

https://www.youtube.com/watch?v=exjRTIZu89Q

I have one H110 board coming from Newegg on Tuesday. Will see how it goes with Celeron. Really want to convince it to work on Windows with 8+ GPUs but am prepared for nvOC despite my religion and for the sake of science.