tekmobile
|
|
August 20, 2017, 06:57:56 AM |
|
If Bitcoin Cash were to go up to .4 BTC with these conditions: Hashrate 9.46 TH 2600 W $.10Kw/h BTC/USD value $4079, you would make $50.65 per day mining Bitcoin Cash while only making $4.27 on BTC. That would be almost 12x more profitable for Bitcoin Cash over BTC.
(I'm not sure what defo means though?)
lols sorry my bad, defo=definitely wow, those some tasty stats...coming soon too btw we back at that good price to buy again...excellent Don't forget you are now working at around 2.5 Mins a block due to heavy difficulty manipulation and this will adjust up a LOT possibly within a week wont take long to find the next 2016 blocks at this speed maybe a few days at most and bring that profitability crashing back down to normal levels I didn't forget. Just look at my previous post. I give this about 3 days or less. Im gonna help it and put a chunk of hashing power on it via nicehash for a day Hope it works for you. I just rented 510 Th on MMR, and I'm getting zero hashrate for over an hour. Asked the rig owner if I am doing anything wrong. No response yet. Must be sleeping. Hope I get a big refund. My more modest 10TH rental working fine on MRR though. You may have missed the boat for rented hash though. Price on Nicehash and MMR went way up. I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop Am not a miner, but I am learning a lot!!! appreciated all for sharing all ur genuine comments Unless you own your own equipment mining is really not profitable to do with all cloud mining companies you will pretty much just earn back what you put in you will probably get a bit extra but nothing worth shouting about. Ive been a long standing user of nicehash but I only really sell them my hashing power very rarely I buy it unless its called for because its just not worth it but many people do whick makes running loads of GPUs sucking power worth it plus as the winter months start rolling in where I live it helps cut down on the heating bills
|
|
|
|
digiworld1
|
|
August 20, 2017, 07:06:23 AM |
|
Bitcoin Civil War! But could this 2-3x mining profit be maintain? and what about the developers/backers of original bitcoin???
I'm a little strange to you why did you say the original bitcoin? If BCH is not the original bitcoin, bch and btc are crypto which are like twins but they are born different year, but generally they are 1 [/quote] dont be too serious my friend, I labeled original bitcoin BTC because its the first ticker, been around for a while, and easier to distinguish the two, BTC vs BCH
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
August 20, 2017, 07:09:25 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business.
|
|
|
|
digiworld1
|
|
August 20, 2017, 07:11:28 AM |
|
If Bitcoin Cash were to go up to .4 BTC with these conditions: Hashrate 9.46 TH 2600 W $.10Kw/h BTC/USD value $4079, you would make $50.65 per day mining Bitcoin Cash while only making $4.27 on BTC. That would be almost 12x more profitable for Bitcoin Cash over BTC.
(I'm not sure what defo means though?)
lols sorry my bad, defo=definitely wow, those some tasty stats...coming soon too btw we back at that good price to buy again...excellent Don't forget you are now working at around 2.5 Mins a block due to heavy difficulty manipulation and this will adjust up a LOT possibly within a week wont take long to find the next 2016 blocks at this speed maybe a few days at most and bring that profitability crashing back down to normal levels I didn't forget. Just look at my previous post. I give this about 3 days or less. Im gonna help it and put a chunk of hashing power on it via nicehash for a day Hope it works for you. I just rented 510 Th on MMR, and I'm getting zero hashrate for over an hour. Asked the rig owner if I am doing anything wrong. No response yet. Must be sleeping. Hope I get a big refund. My more modest 10TH rental working fine on MRR though. You may have missed the boat for rented hash though. Price on Nicehash and MMR went way up. I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop Am not a miner, but I am learning a lot!!! appreciated all for sharing all ur genuine comments Unless you own your own equipment mining is really not profitable to do with all cloud mining companies you will pretty much just earn back what you put in you will probably get a bit extra but nothing worth shouting about. Ive been a long standing user of nicehash but I only really sell them my hashing power very rarely I buy it unless its called for because its just not worth it but many people do whick makes running loads of GPUs sucking power worth it plus as the winter months start rolling in where I live it helps cut down on the heating bills Thanks Tek, college student educating myself about crypto, earning and paying for school tuition. lol
|
|
|
|
tekmobile
|
|
August 20, 2017, 07:17:40 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business. I wont make any difference I don't have much of a balance on nicehash but trying through ViaBTC dont know if it will even work im not trying to outbid the biggest players if after a few days and the order has not forfilled then ill just cancel it lol 1st time doing a SHA256 contract on there just using whats left since I last cached out most is in a offline wallet and im not transferring any in
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
August 20, 2017, 07:36:32 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business. I wont make any difference I don't have much of a balance on nicehash but trying through ViaBTC dont know if it will even work im not trying to outbid the biggest players if after a few days and the order has not forfilled then ill just cancel it lol 1st time doing a SHA256 contract on there just using whats left since I last cached out most is in a offline wallet and im not transferring any in It will be interesting to see what happens after the next difficulty adjustment if the goal is to try and keep miners interested . Or they could just let the market go belly up and hope some opportunistic miners who were not fast to dump become bag holders.
|
|
|
|
tekmobile
|
|
August 20, 2017, 07:50:45 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business. I wont make any difference I don't have much of a balance on nicehash but trying through ViaBTC dont know if it will even work im not trying to outbid the biggest players if after a few days and the order has not forfilled then ill just cancel it lol 1st time doing a SHA256 contract on there just using whats left since I last cached out most is in a offline wallet and im not transferring any in It will be interesting to see what happens after the next difficulty adjustment if the goal is to try and keep miners interested . Or they could just let the market go belly up and hope some opportunistic miners who were not fast to dump become bag holders. Its currently around 2 - 2.5 mins per block is there a limit on the maximum percentage the difficulty can rise like is it possible to put it up 200-300% in one change ? At the current rate it could swing up in under 2 days
|
|
|
|
bones261
Legendary
Offline
Activity: 1806
Merit: 1828
|
|
August 20, 2017, 07:57:24 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business. I wont make any difference I don't have much of a balance on nicehash but trying through ViaBTC dont know if it will even work im not trying to outbid the biggest players if after a few days and the order has not forfilled then ill just cancel it lol 1st time doing a SHA256 contract on there just using whats left since I last cached out most is in a offline wallet and im not transferring any in It will be interesting to see what happens after the next difficulty adjustment if the goal is to try and keep miners interested . Or they could just let the market go belly up and hope some opportunistic miners who were not fast to dump become bag holders. Its currently around 2 - 2.5 mins per block is there a limit on the maximum percentage the difficulty can rise like is it possible to put it up 200-300% in one change ? At the current rate it could swing up in under 2 days I'm not sure. I think it can go up by A factor of 4. But info is very scant on the internet about these extremes. I certainly don't have the skill to decipher the actual code.
|
|
|
|
tekmobile
|
|
August 20, 2017, 08:04:21 AM |
|
I knew it would go up but im not looking for profit just to help bring the difficulty back to normal level instead of this manipulated figure thats why I didnt do it before the drop
You are still competing with the "mystery" miner. They have not gone away. You would need to purchase lots of hash to make any significant difference. Hope you have deep pockets to prove a point. The miners at nicehash will appreciate your business. I wont make any difference I don't have much of a balance on nicehash but trying through ViaBTC dont know if it will even work im not trying to outbid the biggest players if after a few days and the order has not forfilled then ill just cancel it lol 1st time doing a SHA256 contract on there just using whats left since I last cached out most is in a offline wallet and im not transferring any in It will be interesting to see what happens after the next difficulty adjustment if the goal is to try and keep miners interested . Or they could just let the market go belly up and hope some opportunistic miners who were not fast to dump become bag holders. Its currently around 2 - 2.5 mins per block is there a limit on the maximum percentage the difficulty can rise like is it possible to put it up 200-300% in one change ? At the current rate it could swing up in under 2 days I'm not sure. I think it can go up by A factor of 4. But info is very scant on the internet about these extremes. I certainly don't have the skill to decipher the actual code. Ive got the source here and looked through it but dont know much about the code or how its structured my C++ skills are limited I know PHP pretty fluent and C++ has a very similar syntax
|
|
|
|
Mrpumperitis
Legendary
Offline
Activity: 2800
Merit: 1075
|
|
August 20, 2017, 08:26:21 AM |
|
https://www.youtube.com/watch?v=3R8ckM-TDHIPublished on 19 Aug 2017 Roger Ver on the Economic Code of Bitcoin and Bitcoin Cash (August 2017) In this video I explain why the economic code of Bitcoin is so important and why we may see a flip to Bitcoin Cash or something other than Bitcoin Legacy because of Blockstream's intentional full block and high fee policy. Excellent video, very well explained MUST WATCH
|
Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
|
|
|
tekmobile
|
|
August 20, 2017, 08:32:31 AM |
|
https://www.youtube.com/watch?v=3R8ckM-TDHIPublished on 19 Aug 2017 Roger Ver on the Economic Code of Bitcoin and Bitcoin Cash (August 2017) In this video I explain why the economic code of Bitcoin is so important and why we may see a flip to Bitcoin Cash or something other than Bitcoin Legacy because of Blockstream's intentional full block and high fee policy. Excellent video, very well explained MUST WATCH Yea roger is kind of a laughing stock in the crypto space he lost all credibility years ago
|
|
|
|
pehchan
Newbie
Offline
Activity: 23
Merit: 0
|
|
August 20, 2017, 08:47:24 AM |
|
I am always late in party
I got to know about this Today by News, Wish I knew and Mined few coins.
|
|
|
|
Mrpumperitis
Legendary
Offline
Activity: 2800
Merit: 1075
|
|
August 20, 2017, 08:52:51 AM |
|
https://www.youtube.com/watch?v=3R8ckM-TDHIPublished on 19 Aug 2017 Roger Ver on the Economic Code of Bitcoin and Bitcoin Cash (August 2017) In this video I explain why the economic code of Bitcoin is so important and why we may see a flip to Bitcoin Cash or something other than Bitcoin Legacy because of Blockstream's intentional full block and high fee policy. Excellent video, very well explained MUST WATCH Yea roger is kind of a laughing stock in the crypto space he lost all credibility years ago what crypto space are you talkin about, lol the one in your head,lol anyways, he does talk alot of sense about better user exp...and bcc gives it. i can think of many more reasons to be in bcc that he doesnt even touch on. <------itsa buy bcc time
|
Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
|
|
|
mindrust
Legendary
Offline
Activity: 3416
Merit: 2519
|
|
August 20, 2017, 09:07:27 AM |
|
Bcash exists only for 1 reason, to protect companies like bitpay
1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.
2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.
So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.
|
| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
|
|
|
tekmobile
|
|
August 20, 2017, 09:13:37 AM |
|
Bcash exists only for 1 reason, to protect companies like bitpay
1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.
2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.
So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.
3-Jihan has invested a lot in rootstock and bitcoin are not interested so needs a trojan horse to force it on people ie Bcash
|
|
|
|
|
mindrust
Legendary
Offline
Activity: 3416
Merit: 2519
|
|
August 20, 2017, 09:23:09 AM |
|
Criminals and Murderers, Unite!
|
| CHIPS.GG | | | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀░▄░▀▀▀▀▀░▄░▀███▄ ▄███░▄▀░░░░░░░░░▀▄░███▄ ▄███░▄░░░▄█████▄░░░▄░███▄ ███░▄▀░░░███████░░░▀▄░███ ███░█░░░▀▀▀▀▀░░░▀░░░█░███ ███░▀▄░▄▀░▄██▄▄░▀▄░▄▀░███ ▀███░▀░▀▄██▀░▀██▄▀░▀░███▀ ▀███░▀▄░░░░░░░░░▄▀░███▀ ▀███▄░▀░▄▄▄▄▄░▀░▄███▀ ▀████▄▄▄▄▄▄▄████▀ █████████████████████████ | | ▄▄███████▄▄ ▄███████████████▄ ▄█▀▀▀▄█████████▄▀▀▀█▄ ▄██████▀▄█▄▄▄█▄▀██████▄ ▄████████▄█████▄████████▄ ████████▄███████▄████████ ███████▄█████████▄███████ ███▄▄▀▀█▀▀█████▀▀█▀▀▄▄███ ▀█████████▀▀██▀█████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀████▄▄███▄▄████▀ ████████████████████████ | | 3000+ UNIQUE GAMES | | | 12+ CURRENCIES ACCEPTED | | | VIP REWARD PROGRAM | | ◥ | Play Now |
|
|
|
Zontop
|
|
August 20, 2017, 09:27:58 AM |
|
I don't know how many people saw Jihan Wu's yesterday's tweet where he clearly says Bitcoin Cash is not Bitcoin. Bitcoin Cash is bitcoin cash. It is clearly an altcoin though it is more profitable to mine at the moment than Bitcoin. I think propaganda to say it is according to original idea should be stopped and should promote it as it is under its own label.
|
|
|
|
Mrpumperitis
Legendary
Offline
Activity: 2800
Merit: 1075
|
|
August 20, 2017, 09:30:50 AM |
|
Bcash exists only for 1 reason, to protect companies like bitpay
1-Roger invested so much in bitpay and LN will make bitpay obsolete because every bitcoin accepting company out there will be setting their own payment channels via Lightning Network. That's why Roger wants to destroy bitcoin and promote bcash instead.
2-Jihan invested so much in ASIC miners and patented ASICBOOST to have a sure advantage over the other companies and Segwit kills ASICBOOST.
So in reality, those 2 are highly malicious to bitcoin and they are stealing from us. Segwit/LN solves the problems those 2 scam artists have been exploiting. That's why they are crying out loud.
you clearly seem confused...maybe to much rust in your mind lol so what if both of these guys are in bcc , they have always been in btc and lowering fees doesnt help bitpay does it? can you tell us the pros & cons of segwitcoin? all i see is a 3rd party that will be the ones stealing from us all, miners,traders,exchanges,investors the 3rd party will have the power to control all wallets (would you pay $10 for a segwitcoin wallet in the future...rising every yr) control tx fees..are you happy about the extremley high fees already that will only go higher..pricing out millions of users from using bitcoin control all exchanges wallets...charge exchanges to use bitcoin wallets control the flow of TXs, cut out wallet, ban wallets, ban countries using the network... shareholders and company overheads will be paid from the bitcoin network.... + much more and you support this?!!!!!! am i wrong?
|
Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
|
|
|
tekmobile
|
|
August 20, 2017, 09:32:22 AM |
|
I don't know how many people saw Jihan Wu's yesterday's tweet where he clearly says Bitcoin Cash is not Bitcoin. Bitcoin Cash is bitcoin cash. It is clearly an altcoin though it is more profitable to mine at the moment than Bitcoin. I think propaganda to say it is according to original idea should be stopped and should promote it as it is under its own label.
The profitability will change maybe tomorrow or the day after when the difficulty adjusts up A LOT currently creating blocks 3-5 times faster than it should due to heavy manipulation from the one dominant miner
|
|
|
|
|