Topic: 8th Alt coin thread. Or what to do now that asics are all over the place. - page 37. (Read 81426 times)

One never knows if a pump will occur even when it lays out right in front of you like a road map with a line printed on it be followed it does not mean it will happen.

BTW raven pump would also be doable for NVIDIA but not more costly.

As market cap is 100,000,000usd  and yesterday’s volume was 92,000,000

Yeah Phil the economic argument is solid but NVIDIA may not do the pump.

 BCI has only  16 million value

https://coinmarketcap.com/currencies/bitcoin-interest/

Market Cap
$16,244,323 USD
2,524 BTC

Volume (24h)
$1,819 USD
0.28 BTC



So a pump is easy peasy.  And the 2080  does 24mh  which is higher then the 1080ti's 20mh  

 So to not pump BCI  would be bad  business for NVIDA.


If the price went from 88 cents to 20 dollars  2080s will fly off the shelfs


Since exchange handle was so  tiny    I am stunned  this is yet to happen.

I won't say nsummy is wrong
I won't say adaseb is close to correct  in an ETH pump

I will say  pumping BCI is childs play  so my guess is mine BCI  and hope I am correct.

What  value does BCI have? It uses progpow  which favors RTX 2080   which means NVIDA should pump it to sell their new 2080's.

Yeah  that is how a gpu algo favored coin has value it can boost the sales of gpu's this a simple economic fact.


XMR  tried  by making new algo but  it has a ton of value  so a pump costs $$

ETH  may go progpow  but a pump costs $$$$

BCI is progpow  and a pump is so fucking easy to do  it is something  I could do.  I could spend 20,000 usd and boost  its price close to 2 dollars.

Without being insulting, I think the people who hold these theories are grossly uninformed.  Before I say anything further, I think this needs to be read:  http://fortune.com/2018/10/24/tech-stocks-nasdaq-s-and-p-market-correction/

Everything is down.  AMD is down because they had weak sales last quarter and they had previously stated mining accounted for 10% of total revenue, that has obviously gone from 10 to 0. They also have a bleaker outlook;  No new gaming GPUs and datacenter gpus aren't available yet. Now with that being said, market cap does not equal cash on hand.  Market Cap is the total value of all outstanding stocks.  AMD does not have a billion dollars laying around to buy ETH with.  If they did, they wouldn't buy ETH with it.  They manufacture hardware, not invest in crypto.

Also,  AMD did not have a 32% intraday loss.  It opened at $25.04 and closed at $22.79.  That's less than 10%

I have said this time and time again crypto does not work as we  without robust gpu coins.

They should buy BCI as it uses progpow which is dirt cheap and asic resistant for the moment.

This is why I have been mining only BCI it has a tiny market cap. And can be pumped like mad.

And the 2080 mines it well.

I like your thoughts on this. I've said before that I think AMD's and NVDA's surges were mostly due to the crypto boom. I understand why NVDA would always say that their increased profits were due to gaming demand to hide this fact from investors, but I'm still not convinced they can tell the difference between a miner like me last year swiping up GPU's in MC or Newegg or Amazon w friends to get around the quantity limits vs. an actual gamer.

How they could possibly parse gaming demand from the actual mining demand is beyond me, and I think the surges were much more reliant on crypto than they let on, and now sales are stagnating for obvious reasons.

That being what it is, I also wondered how long NVDA and AMD were going to sit on the sidelines and watch bitmain come in and strip out and carve out all the algos NVDA and AMD were in demand for with the new ASICs. The equihash ASICs wrecked already teetering NVDA gpu profitability. I would have thought NVDA and AMD might have gotten a little more proactive in at least subtly backing "ASIC-resistant" algos or forks to tank ASIC'd algos... maybe they were, who really knows.

I am a little more keen on AMD just because they have made big strides with their Ryzen CPUs and I do think they can gain market share on the CPU side, even if their GPU sales underperform.

However, so much of these things are driven by the economy at large beyond what AMD and NVDA actually do that I don't know what might happen. Will have to watch the bond market and the interest rates... the price to earnings ratios of so many of these companies is so massively out of whack with historical ratios that if there is flight to bonds the stock market might continue to take these hits on a broad scale. Not to mention the increased cost of servicing corporate debt.

You wouldn't believe, that I am mining at $0.22KwH. That's a record.  

x10 1060
x10 1070ti
x7 1080ti
Mining mostly on BTG, MNX and other Equihash aside from Zcash.

looking to switch to ASIC since China is just our neighboorhood.

What is everyone's theory on AMD and Nvidia's stock price. Basically today AMD opened at $25 and after their earnings release it tanked all the way to down to $17, basically a 32% intraday loss, which is considered normal for Crypto but for a stock is horrible.

Who here thinks AMD is going to start buying up Cryptos like ETH and XMR to boost sales on their GPU chips next quarter?

Its been a big rumor that when AMD was down last November, they started buying up Cryptos to bring huge demand to their GPUs and by Dec-January cryptos hit new highs and all the GPUs were sold off the shelves.

AMD peaked earlier this year at $34 so its down roughtly 50% while NVIDIA peaked at almost $300 and its currently $200.

So take a stock like NVDA which has a current market cap of $120B and AMD of $20B. Is it cheaper to buy say $1B worth of ETH and cause the price of ETH to go to a new ATH and instead boost the price of their stock by $60B?

What do all the conspiracy theorists conclude?

Your electricity cost is FREAKIN' expensive.

GTX 1070 the last couple weeks has been bouncing between ETH and Ravencoin for highest profitability on the major coins but it's been VERY close - normally less than 1 cent per day difference.

Don't have any 1060s or 5xx series AMDs.

for my small farm($0.17/kwH):
22 gtx1070
12 gtx1060
18 rx570
4 rx580

what would you guys recommend to mine i.e. most profitable coin?

nvidia GPU: RVN or nicehash-x16r with z-enemy miner

amd GPU: XHV or XMR with XMRStak miner?

none of the above?

tnx

I am still on XHV (CN7-Heavy) --- the switch to CN8 didnt last long because less hash and more power, so back to XHV.

Started mining it when diff was low and was just under 1$..... now its 2.50$ which is crazy

Btw, I have pointed my old Baikal ASICs to solo pools for DeepOnion (X13) and DGB (Qubit) - BSOD pool have made it so easy to mine solo all coins they have listed in the poolsite.

You can even solo pool RVN or do a PARTY feature where you can mine together with predetermine miners that matches a group password.

https://bsod.pw/

SOLO mining:
m=solo in password field ("-p m=solo"), so it would look like this:
-a algo -o stratum+tcp://eu.bsod.pw:PORT -u WALLET.rig -p m=solo

PARTY mining:
m=party.YOUR_PARTY_PASSWORD in password field, so it would look like this:
-a algo -o stratum+tcp://eu.bsod.pw:PORT -u WALLET.rig -p m=party.YOUR_PARTY_PASSWORD

Password should contain only a-Z and 0-9

Me personally;  Im only mining XMR CN8, and a little X16R here and there to keep my balance on zpool from getting wiped out after a 3 month period.... eventually ill get another payout there ot be mining there 100% again.

Ive been staking one coin;  my main investment.   I bought it at the bottom of the barrel;  when I had been buying and selling it in the past when it was 10-20x the price it currently is.... and its on its way back up.
Staking initially with ~36000 coins;  I am now at 46115 coins a few months later.  If I sold my staking earnings right now;  I would pay off what my investment was.

I currently hold 1.5% of the supply.   The project is still under slow development, and Its begun to be bought and sold on the exchange again in a semi-regular manner.

But for now;  its all about taking nibbles and saving coins.     If the past taught me anything;   it's that a breakout period will be coming again, and its up to us to be patient and wait for the proper times to "play" the market for us plebs.

I mine and stake BCI  I don't sell it.

RVN  crashed a lot.  I was holding 5350 of them I sold 1350 at 0.00000914 yesterday.
It is now at 0.00000751

With BCI I am looking to hold 1000 staked monthly  long term.

trade volume very low, price is way too low to sell imo , need at least $5

never had issue with stex. I mine,deposit, trade, and withdraw almost every other day

bzedge going great. zhash algo

They still run hot, but they never managed to stay at stock clocks without overheating and throttling before I put TheStilt BIOS on them.
I don't deal with eBay - had way too many issues back when I did sell stuff there, ended up losing too much money over bogus "bad item" complaints - and don't even get me STARTED on their insistance on Paypal when I was a member of the class of the FIRST class action lawsuit against THAT ripoff company. There's a reason eBay SOLD Paypal back off - WAY too many legal complaints and problems and lack of profitability when Paypal is forced to operate LEGALLY.

Gotcha.

Meanwhile, RVN is going through the roof... And we're finding blocks on the private pool (despite network hashrate going bonkers). Best of all worlds at the moment. Well, it's not 2017 just yet, but we've had worse mining days!

I'm in the minority, but this went smoothly for me.  I've been blocking Windows updates for a while, I did use AMDpixelpatcher 1.4.6 and restarted.  I do apply SoftPowerPlay mods.  I did dial back intensity both in the startup file (Cast intensity set to 7) and using ONT 0.2.6  P7 1386  P2 1050.  Adrenaline drivers 18.5.2

https://gyazo.com/fa5f8967ab6f199a4a7006edec69233b

6 Vega Reference 56s flashed with the 64 bios; one Sapphire Pulse 56.  Knock on wood, I guess.  Nanopool 6 hour average total when divided by 7 cards works out to 1,860 per card.  Cast reports 1,770 to 1,800.  I put the details in the Cast thread, right at the end.