Fifth alt coin thread last four got too big.

[Storx]

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

Monitor the market.... GPUs price should go into correction mode soon (according to a trusted source) ..... I hope to get more 1080ti and 1070, 1060 and AMD mining cards when the price is right.

With the blood bath in crypto in last few days... some have asked me if crypto mining is dead... LOL.... don't listen to FUD, being a newbie compared to many veterans out there.... just after over 2 years plus in this game... as long as crypto-currency and the blockchain is "taking over the world" -- there are always opportunities everyday -- disclaimer - mining is about over half of my group's portfolio, the rest is long & short term trading. Also... pay attention to Warren Buffet's Rule #1... don't lose money!

Also stick close to members like Phil and his threads - he is a gem of a gentleman, he is one of many who have guided me into the crypto journey in the last 2 years. Plenty to learn everyday.

Mine on!

I agree, phillip is an awesome person to pick his brain.. he has pushed me in the right direction from the start.. i may be a stubborn person, but he is always giving out honest true information...

[Storx]

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol

[philipma1957]

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

[Storx]

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

Isnt that a rip off, because silver is only around $16/oz currently?

[Tidsdilatation]

Prices will rise again and GPUs will be in overflow. Ive heard some birds say the comming six months for miners are great! 

[SVK]

Hi all,

I have noticed that my MSI 1070 clocks back to standard settings at random but usually after 12 hours or so.
Did anyone else notice the same issue ?

Clocks please?

Tdp
Core
Ram
Fan

Amateur  I'm

EVGA (tuning program)

Voltage 931 (didn't touch it)
GPU clock 1518
Memory Clock 4452

Power target 70%
Temp 69
GPU clock offset -200 MHz
MEM clock offset +650 MHz

Power draw (kill a watt) 172W

ROM is standard one (didn't flash any custom rom).

I have tried MSI afterburner but it turned my GPU clock above 1800 and power draw went up to 200W.
1/2 hour later it downclocked GPU clock to 1518 and power draw went down to 148W.

MSI was playing like that for 2 weeks so I have decided to use EVGA software instead as it allows me to change GPU clock. Unfortunately with EVGA I can't get it to 150W no matter what

Thanks for help  
 

[slackert]

I may buy some silver bars
http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

Silver is a tough store of value as you have to hold alot of it.....takes up space and is heavy when you start accumulating. Gold is much easier.

[generalt]

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

Interesting Phil.  Why silver over gold though?  Is it easier to cash in silver bars over gold bars?

Also whats everybody's thoughts on the new Bitmain D3 X11 miner?

[Vann]

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

Interesting Phil.  Why silver over gold though?  Is it easier to cash in silver bars over gold bars?

Also whats everybody's thoughts on the new Bitmain D3 X11 miner?

I'd be careful with buying silver. Peter Schiff has been rambling on calling BTC a bubble since it hit $200 in 2015. He's now saying you should buy silver, just like he did when it was $34/oz. in 2012 before it crashed.

https://www.youtube.com/watch?v=ZUdQMXa0RvE

The Bitmain D3 X11 miner seems like a better play than silver

[philipma1957]

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

Isnt that a rip off, because silver is only around $16/oz currently?

he is selling at 357/20 = 17.85 an oz.

1% off for ebucks = 18 cents   so 17.67 an oz  silver is 16.22 an oz   so you are paying over spot.

define rip off  or  is it worth  30 usd over spot for  shipping handling and  cast and pouring the metal? 324.40 is spot 354  is what I would pay after ebucks.

When I buy silver I hold until it goes up  to 150%  of what I paid for it.

I grabbed a lot back in the day at 6-12 an oz and it rallied to 50 an oz.

 I have some time maybe I will find some a bit cheaper

[Storx]

the reason i ask if it was a rip-off was the process of selling it, i bought into silver and gold a few years back when it was lower, but it seemed i couldnt even remotely close to the asking price for the metal selling it when i needed the funds for something. It was like 5+% loss on the selling of it compared to market prices at the time...

[Storx]

Does anyone know if the segwit testing went good? i heard a rumor that the segwit test proved extremely successful, so the hardfork is not even going to happen come Aug 1st

[generalt]

I know you're looking to spend your ebay bucks Phil, but if you ever wanted to get precious metals jmbullion.com accepts BTC payments.

[philipma1957]

the reason i ask if it was a rip-off was the process of selling it, i bought into silver and gold a few years back when it was lower, but it seemed i couldnt even remotely close to the asking price for the metal selling it when i needed the funds for something. It was like 5+% loss on the selling of it compared to market prices at the time...

I buy and sell silver only on eBay.

Weirdly enough it is an item that buyers don't find so easy to rob you.

Worst thing to sell on eBay is a pc,buyers tend to return them a lot with parts missing.  It is very hard to win a claim if they pull a ssd out of the gear and claim the machine does not boot.

Good things to sell are

intel cpus

a hard drive

silver bars with a serial number.

Selling them on eBay has worked well for me.


@ generalt  good to know.

I may buy forever stamps.

[philipma1957]

Ok thank you , what does that imply for miners ?
Especially small ones.

I would consider selling all my rx 470' rx 480's rx 570's rx 580's

hold the btc in a core 0.14.2 wallet and decide what to do in about 30 days.

if unwilling to do that

sell all my rx 470's
rx 480's rx 570;s rx 580's
 
put ½ in a core wallet and cash ½ hold  the cash and btc  for about 30 days

if unwilling to do that

sell all my rx 470's
all my rx 480's
all my rx 570's
all my rx 580's

put ⅓ into cash
put ⅓ into btc in a core wallet
put ⅓ into zec on an exchange.

we are seeing a fundamental change in btc 's structural protocol .
we are promised a big change in eth .

be careful and be ready to move  when needed.

[reflexmk]

Hi guys, I value greatly all your opinions and I have learnt a lot from all of you posting in phil's threads, and from phil especially. I wanted to ask you something, I have opened an order twice by mistake on today's D3 antminer sale, payed one in full and just seen that the other one it still is available to pay but it says:

Unpaid
Unshipped
Expired

will it be okay if I pay this order? Anyone had this situation? Thanks.

[philipma1957]

Hi guys, I value greatly all your opinions and I have learnt a lot from all of you posting in phil's threads, and from phil especially. I wanted to ask you something, I have opened an order twice by mistake on today's D3 antminer sale, payed one in full and just seen that the other one it still is available to pay but it says:

Unpaid
Unshipped
Expired

will it be okay if I pay this order? Anyone had this situation? Thanks.

most likely  it will go through.

one exceptions is  if coins did a big shift in your favor.

If you are charged  2 coins  worth  4700 at 1 pm

You wait  4 hours   5pm and pay the 2 coins when they are worth  only 4500  they may fuck with you.

Since you past the time to pay and waited for coins to be in your favor.

[rs1x]

I'm pretty up to speed on gpu mining, etc, but the ASIC stuff is pretty foreign to me.  Help me understand the value in purchasing a Bitmain D3 X11.  Quick search looks like can mine DASH?  Are you able to flip it around to other coins or are ASIC built mainly for one coin.   Sorry for the noob question.

[generalt]

I'm pretty up to speed on gpu mining, etc, but the ASIC stuff is pretty foreign to me.  Help me understand the value in purchasing a Bitmain D3 X11.  Quick search looks like can mine DASH?  Are you able to flip it around to other coins or are ASIC built mainly for one coin.   Sorry for the noob question.

It would only be able to mine X11 coins.  There are a few different coins that are X11 but DASH is the most notable at the moment.

[QuintLeo]

Also whats everybody's thoughts on the new Bitmain D3 X11 miner?

 Nice specs, but X11 coins are such a small market and already have 3 companies that have/make ASIC for it so I'm rather shocked Bitmain decided to enter it.

 Baikal folks are probably going to be OK since their miners don't JUST do X11, iBLink and Pinaldea folks are going to get squeezed pretty hard.

 DASH is about the only X11 coin that has ever been worth anything (especially back in the DarkCoin days when it was the ONLY X11 coin), and even it isn't REAL big cap.


 I suspect Bitmain has seen S9/R4/T9 sales drop quite a bit, or they wouldn't be bothering with altcoin ASIC miner making to fill up their available foundry space for chipmaking.