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

[citronick]

LOL..... I told so 

55% LTC bump is not bad at all

https://u.today/litecoin-transaction-volume-spikes-558-as-pornhub-adopts-ltc

Anyone thinking to revisit LTC mining?

Just a hunch but with BTC and ETH climbing higher..... 

LTC could make a sudden jump since Top 10 coins will usually follow the gravy train (well almost all Top 10 coins)

Phil.... do you still have your L3s?

Sold my L3s a long time ago when I sold off my ASICs at Labrador.

[1714922429]

1714922429

[1714922429]

1714922429

[1714922429]

1714922429

[1714922429]

1714922429

[btcgolong]

Was there a drop in the price of AMD GPUs overnight ?

[btcgolong]

man i lucked out buying 4 visiontek 5700s off Dell last year for 239 a piece.

Whats up with Visiontek GPUs, I saw Phil mention them and then you.  Do they have added stability or value or something?  Just wondering if their brand cards are the ones to look out for.

Price on the 5500xt is 191 and less with discounts.

They are short cards.

So if you have an eight slot board

1) big gpu ----------
2) empty
3) big gpu ----------
4) empty
5) big gpu ----------
6) empty
7) big gpu ---------
8)small visiontek --

four of these
https://www.newegg.com/msi-radeon-rx-5600-xt-rx-5600-xt-gaming-mx/p/N82E16814137571?

visiontek- note I am not revealing my source for this card as I pay 191
https://www.newegg.com/p/1FT-001W-000Z7?

motherboard from ebay

ebay
https://www.ebay.com/itm/biostar-TB250-BTC-D-Pro-Motherboard-Mining/124217882169?

use an ant miner apw3++ psu

easy peasy build

I will have 4 x 40 = 160 + 28 = 188mhs cards = 1250usd
mobo = 100

1350 cost

I own the psu and ram and usb stick and cooler

So I can go with this build or

use this card
https://www.newegg.com/powercolor-radeon-rx-5600-xt-axrx-5600xt-itx-6gbd6-2dh/p/N82E16814131764?


which is short it allows for the 5th card on the board.

this is a 200mhs build for 1450

Regarding the power supply, is it safe to convert 6 pin to 8 pin with power adapter cables for the GPUs

[soothaa]

Regarding the power supply, is it safe to convert 6 pin to 8 pin with power adapter cables for the GPUs

Yes. I have done this for years with no issues.

[philipma1957]

Regarding the power supply, is it safe to convert 6 pin to 8 pin with power adapter cables for the GPUs

Yes. I have done this for years with no issues.

Yeah not an issue I don't have issues doing it at all.

I just put a new rig together today.
note the h.i.s. 5500xt is really the visiontex 5500xt

rig software says 563  watt meter says 619

note the temps all good.



watt meter
now reads 620.7


you can see how the short card the visiontek allows air to the bigger msi card





cards held in place by pipe strapping yeah they can sometimes melt but if metal you can short shit out. and if the strap melts it means you had a major malfunction in the first place.




these rigs are 24 inches wide.
 I can fit 2 to a shelf.
I have 3 racks with 18 shelf total so I could do 36 of these rigs.

But I would need to shut down the asic gear. So I am limiting my gpu builds.

and we have backed off a lot the last day. I have 4 cards on the way and that will end the building for now.

[soothaa]

ETH block reward is 40-70% less than yesterday.. YIKES. Those crazy fees really make mining crazy profitable.

[philipma1957]

ETH block reward is 40-70% less than yesterday.. YIKES. Those crazy fees really make mining crazy profitable.

Yep coupled with the price drop it is a big hit.

I tweaked the rig a bit it is doing

185 mhs

606 watts at meter

552 watts soft ware


hottest card is 62C and highest fan is 68-75%

it is a nice rig. I would not mind 5 or six just like it.

but with daily earnings dropping from 105 a day to 52 a day I am not buying more cards..

[adaseb]

It seems that certain Defi tokens were scams and seems the fees are starting to get back to normal. Right now fees are around 100 Gwei or so while during the peak they were at 500 Gwei or so. Some of those food tokens like Hotdog or Sausage basically went to -100%.

Given the price crash our profitability is less than half of a few days ago. We will see what happens. Seems this sell off was at the same time as the stock market selling off. So it could be nothing more than a dip and continue. However if it was the top then most likely we won't get back to $500 ETH until election results.

[citronick]

Bought sushis at 0.70 - 1.20 range from Bilaxy exchange and cashed out at around 9$.

Lucky to have cashed out early.

But my sushiswap experiment is still active - to cash out I got to bear the expensive gas so I will just let this go on farming.

I have 0.9 Sushi-LP staked (liquidity pool tokens) and have farmed nearly 3.9 sushis.

Its a small 0.3 ETH investment/experiment.

I can only wonder where this is going to end up.

I might never see my ETH on SushiSwap again but heck, I can say I was once a Defi farmer. LOL.  

It seems that certain Defi tokens were scams and seems the fees are starting to get back to normal. Right now fees are around 100 Gwei or so while during the peak they were at 500 Gwei or so. Some of those food tokens like Hotdog or Sausage basically went to -100%.

Given the price crash our profitability is less than half of a few days ago. We will see what happens. Seems this sell off was at the same time as the stock market selling off. So it could be nothing more than a dip and continue. However if it was the top then most likely we won't get back to $500 ETH until election results.

[soothaa]

For anyone that likes to look for patterns.. this could be the start of a nice long downtrend 

[adaseb]

Bought sushis at 0.70 - 1.20 range from Bilaxy exchange and cashed out at around 9$.

Don't know if you heard but the Sushi dev apparently sold all his Sushi. There is a thread on twitter about it. He says he did it for the community however it looks like an exit scam to me. I think he made like $10 million dollars with about a week worth of work.

So I would becareful holding this token, today it looks like its -65% already and I won't be surprised if this ends up being another one of those -100% Defi token. So if you took some profits make sure to lock it in at least.

In general whenever something like this happens, its what usually ends up starting a bear market in the crypto market. Too much money is locked into this Defi and there are going to be too much investors that lose all their ETH.

[philipma1957]

Still grinding it out.  My 115 a day is now 51 a day.

But since august 1 I have pulled in

aug 5.  $  88.66 for 1 week
aug 12 $111.84 for 1 week
aug 19 $205.88 for 1 week
aug 26 $204.57 for 1 week
sep.  2 $283.45 for 1 week

total.     $894.40


sept 9. $ 200+.  so 1100

I spent 4100 on new gear

So if we do 30 a day vs 111 a day

I will go  back to 210 a week.

 I am fine with this.



4100-1100 = 3000.   and at 210 a week in 15 weeks the gear is paid for.

[citronick]

I cashed out at near peak and made some nice moolahs, all in 5 days.

The DEFI technology is awesome and I bet will be a cornerstone in fintech.

However....

The whole issue here is "yield farming" and obvious scam like them sushi, sausage, pasta etc. is claiming thousand X returns, all of these with unaudited contracts etc. ..... sounds like the era of ICOs to me.

My 0.911 LP tokens staked is still farming sushi though....

meanwhile, another scam HOTDOG... crashed after 5 minutes..... from $4000 to $1

https://cryptopotato.com/4000-to-1-in-5-minutes-defi-hotdog-and-pizza-present-free-fall-on-their-first-day/

Bought sushis at 0.70 - 1.20 range from Bilaxy exchange and cashed out at around 9$.

Don't know if you heard but the Sushi dev apparently sold all his Sushi. There is a thread on twitter about it. He says he did it for the community however it looks like an exit scam to me. I think he made like $10 million dollars with about a week worth of work.

So I would becareful holding this token, today it looks like its -65% already and I won't be surprised if this ends up being another one of those -100% Defi token. So if you took some profits make sure to lock it in at least.

In general whenever something like this happens, its what usually ends up starting a bear market in the crypto market. Too much money is locked into this Defi and there are going to be too much investors that lose all their ETH.

[citronick]

there were no known resistance from 380 till maybe 199

anyways have faith guys, all it takes is BTC to pop again

for those who have gone thru 2017..... aint this dejavu?

that alarming dip before BTC went crazy.....

only difference this time is BTC dominance is NOT 60/70%

I am no expert here but the whole cryto adoption now is far different from 2017

and that BTC breaking 2017 ATH is sooner that we think.

For anyone that likes to look for patterns.. this could be the start of a nice long downtrend 
.
.
.
snipped

[arielbit]

It seems that certain Defi tokens were scams and seems the fees are starting to get back to normal. Right now fees are around 100 Gwei or so while during the peak they were at 500 Gwei or so. Some of those food tokens like Hotdog or Sausage basically went to -100%.

Given the price crash our profitability is less than half of a few days ago. We will see what happens. Seems this sell off was at the same time as the stock market selling off. So it could be nothing more than a dip and continue. However if it was the top then most likely we won't get back to $500 ETH until election results.

defi tokens were a scam from the very beginning, this is a normal bubble. I have no idea how they were accepted for Binance

someone knows someone who knows someone in binance hehe

defi means DEFInitely gonna lose your money

[citronick]

.... so yesterday when that sushi dev was accused of "cashing out" angered the sushi community and all the hoo-haa eventually crushed the sushi price

So I did the logical thing..... bought some more sushis some at $1.50 and most at $1.8

.... today, I sold ALL at $2.55.... burp, thanks sushi, thanks Binance.

It seems that certain Defi tokens were scams and seems the fees are starting to get back to normal. Right now fees are around 100 Gwei or so while during the peak they were at 500 Gwei or so. Some of those food tokens like Hotdog or Sausage basically went to -100%.

Given the price crash our profitability is less than half of a few days ago. We will see what happens. Seems this sell off was at the same time as the stock market selling off. So it could be nothing more than a dip and continue. However if it was the top then most likely we won't get back to $500 ETH until election results.

defi tokens were a scam from the very beginning, this is a normal bubble. I have no idea how they were accepted for Binance

someone knows someone who knows someone in binance hehe

defi means DEFInitely gonna lose your money

[BogdanCo]

Quite profitable mining ETH, after 5 days of mining with ~7,3 Gh/s got a block of 8,56 ETH 

[arielbit]

Quite profitable mining ETH, after 5 days of mining with ~7,3 Gh/s got a block of 8,56 ETH 

ETH is paying you for the coming gpu upgrades.

[philipma1957]

that is a nice size block 8 + eth is good.

how much was the 7.3 gh to buy?

that is about 140 rx 5700



or even more 480's or 580's

[BogdanCo]

that is a nice size block 8 + eth is good.

how much was the 7.3 gh to buy?

that is about 140 rx 5700



or even more 480's or 580's

It's my farm.
 
I have 26 Vega 64 + 6 Vega 56
          64 1080ti
   and 93 Rx (480 + 580 all 8Gb)