Hay miners put your fees up now to $55 per transaction

[Anti-Cen]

Since the shit-ware team did nothing and allowed fees to hit $55 per digital transaction the price has continued to drop
like I said it would.

Mining rigs are being dumped in the tip, get free space heater whilst you still can
https://www.zerohedge.com/news/2018-11-20/whats-happening-now-crypto-devastation-collapses-hash-rate-forces-miners-dump-rigs

[stompix]

Bleah, avalons 741, those things sell for 100$ in new condition but you'd have be insane to mine with them without free energy.
It's like seeing people throwing out 166 MMX processors and you think that it's the end of computers and internet.

AvalonMiner 741 7.3Th/s  1150W.
AvalonMiner 841 13.6Th/s  1290W
AvalonMiner 921 20Th/s  1700W.

It has nothing to do with the fees, which btw are at cent levels but with newer and more efficient gear.

[dothebeats]

Bleah, avalons 741, those things sell for 100$ in new condition but you'd have be insane to mine with them without free energy.
It's like seeing people throwing out 166 MMX processors and you think that it's the end of computers and internet.

AvalonMiner 741 7.3Th/s  1150W.
AvalonMiner 841 13.6Th/s  1290W
AvalonMiner 921 20Th/s  1700W.

Wait, I thought Avalon miners aren't a thing nowadays? Those miners are so 2014, and haven't even found a solid market support and were overpowered by Antminers due to the latter's efficiency and price-performance ratio. Well anyway, this is as classic as it gets: a post outlining that even the miners are having problems in this bloodshed, and the "get out while you can" tag line Also, no one "allowed" the fees to reach $55 per tx; the nature of miners is to include tx with higher fees on their block for profit, and it's not their fault if someone paid that much for a single transaction.

[stompix]

~

Wait, I thought Avalon miners aren't a thing nowadays? Those miners are so 2014, and haven't even found a solid market support and were overpowered by Antminers due to the latter's efficiency and price-performance ratio.

Actually, the 841 is quite near in performance with the s9j at least on paper
In my case at 5c/kwh I get  1.33$ with the S9J vs 1.22$ with the 841.
Guys running those say they are quieter and are not getting that hot, more attractive to home mining.

But the 741 is totally outdated, it's returning 9 cents at the same power costs.

Well anyway, this is as classic as it gets: a post outlining that even the miners are having problems in this bloodshed, and the "get out while you can" tag line Also, no one "allowed" the fees to reach $55 per tx; the nature of miners is to include tx with higher fees on their block for profit, and it's not their fault if someone paid that much for a single transaction.

It's our beloved anticen and his classic topics after all

[coinwizard_]

This is good for students looking to grab some cheap mining gear to use in their dormitories. Serious miners will invest in newer energy efficient technologies instead