Fifth alt coin thread last four got too big.

[citronick]

to all those trading  it is not mining so watch for   traps

A big trap  is the exchange fails.

So  try to keep  funds  in exchanges  at a proper ratio  to your full holdings.

I feel having 90% worth of coins  in  real wallets you control  and 10% worth of coins in an exchange  works for me

No one  should have

 50% in wallet
 50% in exchange  ratio.    please be careful with your coins

I recently lost a 2 BTC opportunity because Bitrex BTC wallet was under maintenance...

hardly an exchange failure like what Phil mentioned above, but a simple wallet maintenance will stop you in your tracks

Yes, even big reputable exchange like Bitrex will have its dog days

80% of my alt coins are in Bitrex, and some of their qt wallets.

Very small BTC in exchanges

Almost ALL of my BTC, ETH, DASH, LTC are in Trezor.

[SVK]

I still didn't claim Bitmain cash and there is another BUTGold coming out ??
Oh dear.

[philipma1957]

I still didn't claim Bitmain cash and there is another BUTGold coming out ??
Oh dear.

well  a few simple questions

 do you have a lot coming? coins are worth more the 500 usd a coin
do you know how to check for it? there are bcc/bch blockchains to check what you have coming to you.

[jmayniac]

How do I interpret whattomine.com's list?  I really only want to exchange for BTC right now so I can convert to fiat.  Would I just mine the top coin or go by the Profitability percentages and pick say the highest for the 3 day average?  Would you think it would be best to mine as much as I can for a week then exchange if the price is ok, or just mine and exchange as quickly as I can?

[philipma1957]

How do I interpret whattomine.com's list?  I really only want to exchange for BTC right now so I can convert to fiat.  Would I just mine the top coin or go by the Profitability percentages and pick say the highest for the 3 day average?  Would you think it would be best to mine as much as I can for a week then exchange if the price is ok, or just mine and exchange as quickly as I can?

well  depends on how many rigs you have  if you have 5 three card 1080 ti rigs.   you can point four to the top coin and 1 to the second coin.

then check it every 4 to 6 hours deciding to shift or stand pat.

if you have 1 big 8-12 card rig  and nothing else  you fucked yourself  for easy decisions to switch or not.

For me I am all zec to btc  15x 1080 ti's and 1x 1070

and I convert zec to btc to cash

I also have 50th in btc asic miners which i convert to cash.

I have decided to hold a little  but mostly convert to cash.

Also I no longer worry about perfection

https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr  say 500-600 a month

https://new.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje   say  1000 - 1100 a month


50 th in btc say 1900 a month

this is 3600 a month  I do not worry if it is 3300  or 4000  by better picking  it is less stress.

I also do not rush expansion.   since buysolar and i will be expanding  from 9-13kwatts to 36-52kwatts

in the next 9-12 months  will will slowly add gear from profits.

[SVK]

I still didn't claim Bitmain cash and there is another BUTGold coming out ??
Oh dear.

well  a few simple questions

 do you have a lot coming? coins are worth more the 500 usd a coin
do you know how to check for it? there are bcc/bch blockchains to check what you have coming to you.

Hi Phillip,

I'm not sure what to do exactly and how to claim it. It's not a huge chunk (maybe $50k +).
As I said before I have all coins on Electrum and last time I read what to do my brain shutted down.

16 fuses and 10 relays burned out and since that I have electrical issues LOL.

I just am worried that I will loose all BTC as with my luck I will screw something up.

[jmayniac]

well  depends on how many rigs you have  if you have 5 three card 1080 ti rigs.   you can point four to the top coin and 1 to the second coin.

then check it every 4 to 6 hours deciding to shift or stand pat.

if you have 1 big 8-12 card rig  and nothing else  you fucked yourself  for easy decisions to switch or not.

For me I am all zec to btc  15x 1080 ti's and 1x 1070

and I convert zec to btc to cash

I also have 50th in btc asic miners which i convert to cash.

I have decided to hold a little  but mostly convert to cash.

Also I no longer worry about perfection

https://new.nicehash.com/miner/16yLHLoeyuCLPMXkVpC3gyrRYvwRGwjKJr  say 500-600 a month

https://new.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje   say  1000 - 1100 a month


50 th in btc say 1900 a month

this is 3600 a month  I do not worry if it is 3300  or 4000  by better picking  it is less stress.

I also do not rush expansion.   since buysolar and i will be expanding  from 9-13kwatts to 36-52kwatts

in the next 9-12 months  will will slowly add gear from profits.

I am small time.  I have a small 6 card rig, 2 - 1080s (not TI), 2 - 1070s and 2 - 1060s.    Right now SIGT seems to be my best bet at about $12/day.  I've noticed that in the exchange, I always seem to lose about $2.00 or so. 

Right now I'm mining on ZPool because it does the exchange for me and I see no appreciable difference in mining on Zpool and have them exchange as mining on Suprnova and exchanging myself.

[zer0k]

very interesting b - gold

for gpu's  may make our gpu's be more valuable.

Interesting,.,,,, need to prepare a few more dozen 1080ti or this BTG

if yet another fork comes out..... Bitcoin Silver minable by Scrypt miners LOL... like LTC

Do we know if the algo is going to something the 1080 ti is actually good at it?

[GabryRox]

Looks like my rx cards that mem and clock tweaks don't like xmr. Anyone know if that sounds about right ?

1200/1900 seems to be the sweet spot. at least on my 6x 470 rigs, I can get close to 700/gpu while pulling 700-750 watts. You can also get a bit more hash by switching from -a2 to -a4 and no notable watt diff, at least for 470s.

The crappy thing about 1080 TIs is that they are not much better on XMR than a 470 is but they cost 3-4x as much. Yeah, I know they are beasts at ZEC and a couple other alts, but i'm not sure how much I want to invest in GPUs that can really only mine 1 algo effectively.

[GabryRox]

hey philipma1957 - may I check with you, if you had a choice between building a rig and buying with the same funds a portfolio of top 10 currencies. What would you choose?
thanks

If I could have  10000 usd  of gear or coins

in my case  I would want  some bitmain L3+ ltc miners and some avalon 741 btc  miners.

not that I don't like  gpu's  but  I am gpu heavy  and need some asics like the avalon 741  and the bitmain L3+

maybe 7 avalon 741's  and 2 L3+

My ratios are

gpu's  15x 1080 ti's ------------------  I include psu's mobos etc  10k
s-9's    3x -----------------------------------------------------------   3k
r-4       1x -----------------------------------------------------------   1k
721      3x -----------------------------------------------------------   2k
741      1x -----------------------------------------------------------   1k
cash     6k ----------------------------------------------------------    6k
coins     btc, bcc ----------------------------------------------------    7k
debt        ------------------------------------------------------------    0

                so about 30k  no debt  all profit

 I feel I am heavy in gpus and lite on asic gear

I only have 1 measly Baikal mini and 4 x 6-470 rigs, so well under-repped on the ASIC/FPGA front.  Been really happy with that mini... it's  already paid for itslelf 5-6x over and even now is still pulling in ~$2/day.  I really missed the boat on both the L3+ and D3 and could just kick my own arse about that. But, was just too busy at work over last few months to spend the time tracking Bitmain releases.  Still, even with the 3-x4 hyped up resale prices for say the D3, it's damn tempting to pull the trigger given that it can currently pull in close to $200/day.  If I could get a hold of a Sept batch D3 for around $4-5k, I'd probably do it but sadly, even the Nov batch are going for more than that now and by then, I imagine the $/day will be way down under $100, so probably not worth it.

[Storx]

Well Citronick,

I cashed out 57k SIGT today @ 1200 when it spiked up around 6am to try and get some of my coins out of my wallet with the next halving approaching, then i cashed it out on NEO and bought 102 NEO coins and place them in wallet to collect GAS on the huge dump today.

Unfortunately the Gunbot is actually -0.3% for the 1st week playing with it. I have 4 positions that the bot bought in and shortly after a huge dump occured, ex: LGD, CANN, XMR, BCH

It was up 91.4% for the week on trade profits, but those 4 bags are holding it negative at the moment, hopely some of those recover in the future so i can gain back some of those profits it had made. I made a killing off LTC this week on trades, over 300+ trades on it alone.

[TheRider]

Phil, have you seen this board?



Might be worth ordering one for testing. Riser-less 6GPU rigs would save you lots of components from your 3GPU rigs.

Manufacturer page
http://www.onda.cn/MotherBoard_Designs.aspx?id=369

Translated by Google
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.onda.cn%2FMotherBoard_Designs.aspx%3Fid%3D369&edit-text=&act=url

Specs:
https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.onda.cn%2FMotherBoard_Specifications.aspx%3Fid%3D369&edit-text=&act=url


List price is CNY 1100, but the manufacturer's web shop is out of stock.

However, I found it on this website
https://s.taobao.com/search?q=D1800-BTC

Cheapest seem to be around CNY 590, which is the equivalent of $90.

[puwaha]

That's a nifty looking motherboard.

[citronick]

Well Citronick,

I cashed out 57k SIGT today @ 1200 when it spiked up around 6am to try and get some of my coins out of my wallet with the next halving approaching, then i cashed it out on NEO and bought 102 NEO coins and place them in wallet to collect GAS on the huge dump today.

Unfortunately the Gunbot is actually -0.3% for the 1st week playing with it. I have 4 positions that the bot bought in and shortly after a huge dump occured, ex: LGD, CANN, XMR, BCH

It was up 91.4% for the week on trade profits, but those 4 bags are holding it negative at the moment, hopely some of those recover in the future so i can gain back some of those profits it had made. I made a killing off LTC this week on trades, over 300+ trades on it alone.

LTC is hot, my group's 20 x L3+ are smokin -- vs mining LTC direct, currently almost 60% higher on mining BitConnect coins, up to 40% higher on average selling scrypt algo at Nicehash (esp when big renting contracts starts) and with LTC recently bumping up past 60 bucks - the L3+ are crazy profitable.

@ gabryrox.
the L3+ is more profitable currently vs any D3 or X11 miner 10GHs and above.
At normal rental payrate at NH, the ratio around 2-1. During NH rental frenzy, L3+ wins big 3-1.
When the D3 15GHs and Innosilicon 30GHs X11 miners comes out, the saturation of this algo will be worst.
Anyways, we don't know what tomorrow brings .... DASH and other X11 coins may hit new high by end of year.... esp BTC being bullish dragging alts higher. Total marketcap for the entire cryptocurrency now has past 160B -- one would wonder where did all money come from....

@ zerOk.
I was a big AMD fan since started GPU mining 2 years ago.... but after the GPU shortage mess earlier this year and the disappointing Vega RX - I realized how versatile NIVIDIA GPU in ETH and ZEC, ... and also several ccminer coins. The resale value of NVIDIA cards are also much better than AMD in gaming world. I think NVIDIA is also much more open in appreciating the mining community and providing more options in their GPUs for mining, ie. P106 and P104. As of today, I am convinced that 1080ti is probably the undisputed king of GPUs at the moment.

If I was pushing for a GPU mining capable coin that could match massive miner adoption like SHA256 Asics miners.... I would target GPUs that has the highest cores and manageable power. I think NVIDIA has 1080ti at the high end and 1070 as the sweet-spot (just like the RX470s). Until AMD can make good to the mining community, IMHO the green team will close the gap fast because their timing is somewhat better than AMD currently.

[GabryRox]

Well Citronick,

I cashed out 57k SIGT today @ 1200 when it spiked up around 6am to try and get some of my coins out of my wallet with the next halving approaching, then i cashed it out on NEO and bought 102 NEO coins and place them in wallet to collect GAS on the huge dump today.

Unfortunately the Gunbot is actually -0.3% for the 1st week playing with it. I have 4 positions that the bot bought in and shortly after a huge dump occured, ex: LGD, CANN, XMR, BCH

It was up 91.4% for the week on trade profits, but those 4 bags are holding it negative at the moment, hopely some of those recover in the future so i can gain back some of those profits it had made. I made a killing off LTC this week on trades, over 300+ trades on it alone.

@ gabryrox.
the L3+ is more profitable currently vs any D3 or X11 miner 10GHs and above.
At normal rental payrate at NH, the ratio around 2-1. During NH rental frenzy, L3+ wins big 3-1.
When the D3 15GHs and Innosilicon 30GHs X11 miners comes out, the saturation of this algo will be worst.
Anyways, we don't know what tomorrow brings .... DASH and other X11 coins may hit new high by end of year.... esp BTC being bullish dragging alts higher. Total marketcap for the entire cryptocurrency now has past 160B -- one would wonder where did all money come from....

Hi Citronik... always appreciate your insights! But it seems I must be missing something regarding the D3 vs L3+.  D3 gets 15 Ghz (which is 15,000 Mhz if Im not mistaken) using 1350 watts for a daily profit of right about $200 according to what-to-mine.  But doesn't the L3+ only get 504 Mhz at 800W?  If so, that only churns out about $30/day profit.  Even factoring in a huge if you triple that with nicehash rental contracts, it still not even close to the Dash profit with the D3, right?  So, what am I missing here?

[citronick]

Well Citronick,

I cashed out 57k SIGT today @ 1200 when it spiked up around 6am to try and get some of my coins out of my wallet with the next halving approaching, then i cashed it out on NEO and bought 102 NEO coins and place them in wallet to collect GAS on the huge dump today.

Unfortunately the Gunbot is actually -0.3% for the 1st week playing with it. I have 4 positions that the bot bought in and shortly after a huge dump occured, ex: LGD, CANN, XMR, BCH

It was up 91.4% for the week on trade profits, but those 4 bags are holding it negative at the moment, hopely some of those recover in the future so i can gain back some of those profits it had made. I made a killing off LTC this week on trades, over 300+ trades on it alone.

@ gabryrox.
the L3+ is more profitable currently vs any D3 or X11 miner 10GHs and above.
At normal rental payrate at NH, the ratio around 2-1. During NH rental frenzy, L3+ wins big 3-1.
When the D3 15GHs and Innosilicon 30GHs X11 miners comes out, the saturation of this algo will be worst.
Anyways, we don't know what tomorrow brings .... DASH and other X11 coins may hit new high by end of year.... esp BTC being bullish dragging alts higher. Total marketcap for the entire cryptocurrency now has past 160B -- one would wonder where did all money come from....

Hi Citronik... always appreciate your insights! But it seems I must be missing something regarding the D3 vs L3+.  D3 gets 15 Ghz (which is 15,000 Mhz if Im not mistaken) using 1350 watts for a daily profit of right about $200 according to what-to-mine.  But doesn't the L3+ only get 504 Mhz at 800W?  If so, that only churns out about $30/day profit.  Even factoring in a huge if you triple that with nicehash rental contracts, it still not even close to the Dash profit with the D3, right?  So, what am I missing here?

Here is a snapshot of the farm's Scrypt and X11 ASICs....

L3x20+A4x6=Scrypt(11GHs) and Baikals (15GHs)+iBelink (22GHs)=X11(36GHs) running at NH currently...

Scrypt profitability is 2x compared to X11 (eventhough bigger hash)

During the day (US time), the Scrypt rentals will increase gradually.

I have seen 5x over X11 before a few days ago. That was maybe someone who wanted buy Scrypt hash badly at all costs.

Sorry that I cannot reveal too much data here because my group's mining farms currently pointed to NH includes Cryptonight and Equihash GPU miners too. The BTC farms are separately hosted and mines exclusively at Kano (A7s) and Antpool (S9s).



algo/accepted speed/rejected speed/profitability/unpaid balance

Summary: I think L3+s are better bet vs D3 15GHs or the Inno 30GHs. But dont get me wrong.... since BTC is bullish, the major alts like DASH and LTC will eventually move higher. In NH, I have no idea what my farms hashes are being used for. I do know that a pump group is using tons of Scrypt hash to mine BitConnect coins currently at 130$.... thats twice more than LTC. Anyways, as long as I am paid with premium Bitcoins I dont mind.

Why NH? Like Phil, I am also no longer worry about perfection...

[sNaKeyz0r91]

citronick, where to buy L3+ in Europe? Any advise for fellow europeans about litecoin miners? Also, does it come with all it needs like cords, psu or something like that? Or I have to order separately?
Right now, as posted previous pages ago, I was only into GPU mining, but sincer you are talking about quick ROI on litecoin mining, is a good idea to invest in that for the moment and maybe later we'll see what nvidia has planned for us
Thanks

[citronick]

citronick, where to buy L3+ in Europe? Any advise for fellow europeans about litecoin miners? Also, does it come with all it needs like cords, psu or something like that? Or I have to order separately?
Right now, as posted previous pages ago, I was only into GPU mining, but sincer you are talking about quick ROI on litecoin mining, is a good idea to invest in that for the moment and maybe later we'll see what nvidia has planned for us
Thanks

You can get L3+ direct from Bitmain shop - https://shop.bitmain.com/antminer_l3_litecoin_asic_scrypt_miner.htm

Bitmain is releasing a new batch of L3+'s (November shipping) on Aug 31 @ 11:00 (AM, Beijing time - UTC+8).
That means today for US people, Aug 30, at 23:00 (11PM) Eastern Daylight Time for the USA.

The last sale lasted less than an hour - so be ready and create your userid etc before buying online.

Or you can get from resellers like Eastshore company in China.

They are also sellers in ebay but to be honest do not use them if you dont know them personally.

They can either cheat you or sell it to you for 3 times or even 4 times Bitmain retail price.

The L3+ are quite a performer and enjoying good profitability currently so the perceived value of this miner is more than an ounce of gold literally. It will be difficult to find any sellers in open market.

[rdluffy]

Breaking News:

According to BitcoinMeister the next friendly BTC fork is on the way called Bitcoin Gold.
Video info here
https://www.youtube.com/watch?v=eAukxlpwyHg

GPU mined bitcoin fork with POW change to GPU originating from China.
Competitor to BCH and maybe Etherium later.

Sold my BCH for a nice 17.2% dividend that was an easy call. This one might be a harder call. Could pull some interest away from ethereum once ethereum goes proof of stake.

Team behind the bitcoin gold project will implement replay protection and are pro core according to the video which is interesting.

Is it true?
I can't find more infos

maybe, just maybe this coin can have all support by the miners (if a big coin have attention of the miners, a lot o ETH miners can change)

[sNaKeyz0r91]

citronick, where to buy L3+ in Europe? Any advise for fellow europeans about litecoin miners? Also, does it come with all it needs like cords, psu or something like that? Or I have to order separately?
Right now, as posted previous pages ago, I was only into GPU mining, but sincer you are talking about quick ROI on litecoin mining, is a good idea to invest in that for the moment and maybe later we'll see what nvidia has planned for us
Thanks

You can get L3+ direct from Bitmain shop - https://shop.bitmain.com/antminer_l3_litecoin_asic_scrypt_miner.htm

Bitmain is releasing a new batch of L3+'s (November shipping) on Aug 31 @ 11:00 (AM, Beijing time - UTC+8).
That means today for US people, Aug 30, at 23:00 (11PM) Eastern Daylight Time for the USA.

The last sale lasted less than an hour - so be ready and create your userid etc before buying online.

Or you can get from resellers like Eastshore company in China.

They are also sellers in ebay but to be honest do not use them if you dont know them personally.

They can either cheat you or sell it to you for 3 times or even 4 times Bitmain retail price.

The L3+ are quite a performer and enjoying good profitability currently so the perceived value of this miner is more than an ounce of gold literally. It will be difficult to find any sellers in open market.

There the price is 1370usd.
And for Europe is 2500euro. That much difference between US and Europe? Wtf?
Plus the PSU it goes to about 2750euro which is almost double the price US people get.
Maybe we have someone here from Europe which knows some better prices...