Number 9! Ninth altcoin thread. Back to the moon Baby!

[adaseb]

 snip

I also had an account which had the hacked balance stolen and I was also waiting week after week for all the payments. If I recall, at first the program used to pay up more and it should of taken no longer than a year for the entire balance to be repaid in full.

However the payouts started to slow down and basically about 2 weeks ago I just withdrew the 75% that was owed. They got some issues with their CEO and I rather just take the 75% before there is some other hack or before BTC starts crashing again.

Because at this rate it would take a very long time to get the remainer 23% paid.

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[ATCkit2]

Does anyone here have any experience with the Antminer S17 Pro 53 THs?

[philipma1957]

Does anyone here have any experience with the Antminer S17 Pro 53 THs?

I have one and truly wished that I had purchased more of them.

I paid 2225 for mine.

A good deal to say the least.

Three speeds.

Mine does remarkable at low speed.

About 1440watts and 40th

36 watts a th.

Two plug design is good.

The only issue is some say the psu does not like 240+ volts.

I provide it 221 volts and it has been rock solid.

When I sell my share of the Clifton mine to buysolar it will pretty much break my heart 💜 to be selling this particular unit. As it can mine reasonably quiet at the low speed setting.

And it turns a profit at 15 cent power.

[ATCkit2]

Does anyone here have any experience with the Antminer S17 Pro 53 THs?

I have one and truly wished that I had purchased more of them.

I paid 2225 for mine.

A good deal to say the least.

Three speeds.

Mine does remarkable at low speed.

About 1440watts and 40th

36 watts a th.

Two plug design is good.

The only issue is some say the psu does not like 240+ volts.

I provide it 221 volts and it has been rock solid.

When I sell my share of the Clifton mine to buysolar it will pretty much break my heart 💜 to be selling this particular unit. As it can mine reasonably quiet at the low speed setting.

And it turns a profit at 15 cent power.

Thanks Phil. I hope to snag one for a good price and set it up in Labrador.
Yes, I have been reading about your situation. My heart goes out to you. None of my business, but why not a keep few of your most efficient rigs at Clifton? I know how I would be feeling right now if I were in your shoes.  I think that once I worked thru it, I'd wish I had kept at least a couple of my most efficient rigs.

[philipma1957]

I will figure a plan of action for 2020.




BCH Stratum URL:
stratum+tcp://bch.viabtc.com:3333



I may solo mine btc or bch  with a few hash
I Just pointed the r606 and 3 new pacs to viabtc bch pool

if I solo mine there it is far easier to hit a block. But not likely to do so.

[adaseb]

I will figure a plan of action for 2020.




BCH Stratum URL:
stratum+tcp://bch.viabtc.com:3333



I may solo mine btc or bch  with a few hash
I Just pointed the r606 and 3 new pacs to viabtc bch pool

if I solo mine there it is far easier to hit a block. But not likely to do so.

Reminds me of the time when I had an old silent Antminer S3 that I pointed to ck solo pool and hoped I would of hit a block.

Basically I think the largest share was like 1,000,000,000 or so after a few months and maybe aside from a few lucky people with some Antminer S9, any older hardware wasn't able to find a block.

There is a thread with people who are hoping to find a block with a USB thumb miner doing like 20GH/s and they have been on there for a year or 2 and haven't found a block.

The last block that I actually found was back in 2015 with a KnCMiner Jupiter but it was with a pool so I didn't get the entire block reward, but it was probably the only known block found by myself.

[philipma1957]

I will figure a plan of action for 2020.




BCH Stratum URL:
stratum+tcp://bch.viabtc.com:3333



I may solo mine btc or bch  with a few hash
I Just pointed the r606 and 3 new pacs to viabtc bch pool

if I solo mine there it is far easier to hit a block. But not likely to do so.

Reminds me of the time when I had an old silent Antminer S3 that I pointed to ck solo pool and hoped I would of hit a block.

Basically I think the largest share was like 1,000,000,000 or so after a few months and maybe aside from a few lucky people with some Antminer S9, any older hardware wasn't able to find a block.

There is a thread with people who are hoping to find a block with a USB thumb miner doing like 20GH/s and they have been on there for a year or 2 and haven't found a block.

The last block that I actually found was back in 2015 with a KnCMiner Jupiter but it was with a pool so I didn't get the entire block reward, but it was probably the only known block found by myself.

I have the place in clifton since jan  about 7 full months at an average of 500th.

pps+  and we earned 4.1 btc so  the chance of a normal luck block would be about 4.1 in 12.5 or 33%

That is with an average of 500th or 35 s-9's

but a bch block is 30 times easier so if we were pointed at BCH  we would have about 9 or 10 blocks

[adaseb]

but a bch block is 30 times easier so if we were pointed at BCH  we would have about 9 or 10 blocks

Aren't you worried about finding a stale with BCH. They got enormous block sizes correct? So if say you find a block at the same time as someone else, and their internet connection is faster to submit the block to the network, they will get the reward and you might get stuck with an orphan?

This was one of the issues that I read about was an issue with large block sizes, because if the blocks are enormous then those with slower internet connections and the same hashrate are at a disadvantage.

However at the moment I am assuming most of their network has empty blocks, so shouldn't be an issue.

[philipma1957]

but a bch block is 30 times easier so if we were pointed at BCH  we would have about 9 or 10 blocks

Aren't you worried about finding a stale with BCH. They got enormous block sizes correct? So if say you find a block at the same time as someone else, and their internet connection is faster to submit the block to the network, they will get the reward and you might get stuck with an orphan?

This was one of the issues that I read about was an issue with large block sizes, because if the blocks are enormous then those with slower internet connections and the same hashrate are at a disadvantage.

However at the moment I am assuming most of their network has empty blocks, so shouldn't be an issue.

I would not point all 900 th at  bch solo  since I have partners in the clifton farm  I play it safe for the most part.

[Marvell2]

Switch to Gemini I got worried about my tax liability after I saw these emails were going out and emailed gemeni

Thanks for reaching out. Based on your account history, you did not meet the threshold for number of digital asset sales transactions in 2017 and 2018 and, therefore, Gemini does not have any tax statements available for you. Please note that Gemini will only send Forms 1099-K to customers and the IRS where both of the following conditions are met:

1. The customer's number of bitcoin, ether, Zcash, litecoin, and bitcoin cash sales transactions on the exchange exceeds 200 transactions per year, and
2. The customer's total sales proceeds from all sales transactions exceeds $20,000 per year.

For your reference, the amounts that would be reported on the Form come directly from an account’s transaction history Excel file, which can be accessed by following the three steps below:

Tho makes far more sense , if you are not trading like crazy over 200k trasacations no way coinbase should be farming out your info to the irs.  for the record I just use Gemini to go from crypto to fiat , sometimes I buy Btc through it but I don’t trade there , fees are too high and also to stay unde the radar.

Leave coinbase they are shitheads, btw I move well over 80 90k usd though my gemeni account each of the last two years Lol

200 not 200k.

My advice is use a non kyc exchange for your day to day trades , high volume shit and use another one far less frequently to cash out as needed no more than 2 to 3 transactions a month.  and Dump Coinbase!!

[adaseb]

Switch to Gemini I got worried about my tax liability after I saw these emails were going out and emailed gemeni

Thanks for reaching out. Based on your account history, you did not meet the threshold for number of digital asset sales transactions in 2017 and 2018 and, therefore, Gemini does not have any tax statements available for you. Please note that Gemini will only send Forms 1099-K to customers and the IRS where both of the following conditions are met:

1. The customer's number of bitcoin, ether, Zcash, litecoin, and bitcoin cash sales transactions on the exchange exceeds 200 transactions per year, and
2. The customer's total sales proceeds from all sales transactions exceeds $20,000 per year.

For your reference, the amounts that would be reported on the Form come directly from an account’s transaction history Excel file, which can be accessed by following the three steps below:

Tho makes far more sense , if you are not trading like crazy over 200k trasacations no way coinbase should be farming out your info to the irs.  for the record I just use Gemini to go from crypto to fiat , sometimes I buy Btc through it but I don’t trade there , fees are too high and also to stay unde the radar.

Leave coinbase they are shitheads, btw I move well over 80 90k usd though my gemeni account each of the last two years Lol

200 not 200k.

My advice is use a non kyc exchange for your day to day trades , high volume shit and use another one far less frequently to cash out as needed no more than 2 to 3 transactions a month.  and Dump Coinbase!!

Yes but you should always just pay any taxes earned on income such as mining or capital gains such as trading. They might not send any statements to IRS right now since you are below $20K threshold but all your account history will be permantently there.

So in the future if the IRS sends Gemini an inquiry for any previous tax years even though you are under the $20K threshold they might still send your records. Also another issue is that your bank will see you are getting funds from Gemini and your bank will also have to provide that info to the IRS if they ask how much money was received from crypto exchanges.

The entire thing is a real big headache and its just better to pay the taxes than try and hide income.

[Marvell2]

Switch to Gemini I got worried about my tax liability after I saw these emails were going out and emailed gemeni

Thanks for reaching out. Based on your account history, you did not meet the threshold for number of digital asset sales transactions in 2017 and 2018 and, therefore, Gemini does not have any tax statements available for you. Please note that Gemini will only send Forms 1099-K to customers and the IRS where both of the following conditions are met:

1. The customer's number of bitcoin, ether, Zcash, litecoin, and bitcoin cash sales transactions on the exchange exceeds 200 transactions per year, and
2. The customer's total sales proceeds from all sales transactions exceeds $20,000 per year.

For your reference, the amounts that would be reported on the Form come directly from an account’s transaction history Excel file, which can be accessed by following the three steps below:

Tho makes far more sense , if you are not trading like crazy over 200k trasacations no way coinbase should be farming out your info to the irs.  for the record I just use Gemini to go from crypto to fiat , sometimes I buy Btc through it but I don’t trade there , fees are too high and also to stay unde the radar.

Leave coinbase they are shitheads, btw I move well over 80 90k usd though my gemeni account each of the last two years Lol

200 not 200k.

My advice is use a non kyc exchange for your day to day trades , high volume shit and use another one far less frequently to cash out as needed no more than 2 to 3 transactions a month.  and Dump Coinbase!!

Yes but you should always just pay any taxes earned on income such as mining or capital gains such as trading. They might not send any statements to IRS right now since you are below $20K threshold but all your account history will be permantently there.

So in the future if the IRS sends Gemini an inquiry for any previous tax years even though you are under the $20K threshold they might still send your records. Also another issue is that your bank will see you are getting funds from Gemini and your bank will also have to provide that info to the IRS if they ask how much money was received from crypto exchanges.

The entire thing is a real big headache and its just better to pay the taxes than try and hide income.

All that’s true but I would rather pay it on my Own rather than have coinbase automatically sending my stuff out willy nilly to the irs , I pay my taxes based on my own calculations,  plus the bank wound never send shit to the irs unless you are pushing 10k per transaction which  is stupid if you are lol

[fr4nkthetank]

http://solo.ckpool.org/users/1QBZxAAva9msx8w7QSDkr39nbkA1QARGC7
I hope I still control that address in a wallet somewhere.  Its never going to find a block, but it runs.  FOR SCIENCE
edit: its on ckpool but its more fun to have it on your own node

[philipma1957]

http://solo.ckpool.org/users/1QBZxAAva9msx8w7QSDkr39nbkA1QARGC7
I hope I still control that address in a wallet somewhere.  Its never going to find a block, but it runs.  FOR SCIENCE
edit: its on ckpool but its more fun to have it on your own node

What really is hurtful is the sales I sold so much gear at good prices. My business model included the sales.

To insure low risk I did lots and lots of low profit sales of gear.

Simply can’t do business this way with current rules of reporting.


Just setup a ryzen 9 3900x rig

[Elder III]

That 3900x is a beauty (on paper anyway).  I have a feeling it's going to be rather popular once Monero finishes their fork to RandomX.

[philipma1957]

That 3900x is a beauty (on paper anyway).  I have a feeling it's going to be rather popular once Monero finishes their fork to RandomX.

With  no tweaking or turning it does  1090-1125 for xmr    running at 67%


this is it with 2 1660ti


https://old.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

I have been busy have not tested it much the last day.


But  It is a  better then the threadripper 1920x


It uses 2.4 kwatts a day to earn 45 cents.

while that seems poor it is turning a profit of 21cents  I think  the new fork will help that alot.

[JaredKaragen]

With  no tweaking or turning it does  1090-1125 for xmr    running at 67%


this is it with 2 1660ti


https://old.nicehash.com/miner/1JdC6Xg3ajT3rge3FgPNSYYFpmf53Vbtje

I have been busy have not tested it much the last day.


But  It is a  better then the threadripper 1920x


It uses 2.4 kwatts a day to earn 45 cents.

while that seems poor it is turning a profit of 21cents  I think  the new fork will help that alot.

What miner app are you using out of curiosity?

[Philipma1957cellphone]

Nicehash version 0.23. Stock settings on the cpu I think I need to go into windows and alter cache allocation. Been a while since I setup the cpus to mine xmr.  The threadripper 1920x is about 950 to 1015 hash on same software while this is about 1075 to 1115 hash this uses less power than  the threadripper.

[dragonmike]

Guys, quick one please:
I'm hooking up a few case fans to a rig, and they've got molex extenders.
Can I just daisy chain, say, 3 of them and power them with one single molex power cable from the PSU? Will all 3 fans run at full speed?

[Philipma1957cellphone]

You can't tell until you do it. Depends on wiring of fan to molex and psu design