Topic: Fifth alt coin thread last four got too big. - page 47. (Read 47240 times)

Interesting Phil.  Why silver over gold though?  Is it easier to cash in silver bars over gold bars?

Also whats everybody's thoughts on the new Bitmain D3 X11 miner?

Silver is a tough store of value as you have to hold alot of it.....takes up space and is heavy when you start accumulating. Gold is much easier.

Amateur  I'm

EVGA (tuning program)

Voltage 931 (didn't touch it)
GPU clock 1518
Memory Clock 4452

Power target 70%
Temp 69
GPU clock offset -200 MHz
MEM clock offset +650 MHz

Power draw (kill a watt) 172W

ROM is standard one (didn't flash any custom rom).

I have tried MSI afterburner but it turned my GPU clock above 1800 and power draw went up to 200W.
1/2 hour later it downclocked GPU clock to 1518 and power draw went down to 148W.

MSI was playing like that for 2 weeks so I have decided to use EVGA software instead as it allows me to change GPU clock. Unfortunately with EVGA I can't get it to 150W no matter what

Thanks for help  
 

Prices will rise again and GPUs will be in overflow. Ive heard some birds say the comming six months for miners are great! 

Isnt that a rip off, because silver is only around $16/oz currently?

I may buy some silver bars


http://www.ebay.com/itm/Lot-of-2-10-oz-Sunshine-Mint-Silver-Bar-999-Fine-Sealed/161907052585

I am in the same boat as you, had around 500+ in ebay bucks from GPU purchases back with the 8 and 10% deals they had.. i picked up a used EVGA PSU i needed, now im trying to figure out what else i want to buy with it.. lol

I agree, phillip is an awesome person to pick his brain.. he has pushed me in the right direction from the start.. i may be a stubborn person, but he is always giving out honest true information...

In the last ethereum core dev team meeting (https://www.youtube.com/watch?v=wLaI7680I4w) they agreed to delay the ice age difficulty bomb since that work on casper is taking longer than they thought. You can see them deciding how to implement it here https://github.com/ethereum/EIPs/pull/669. But they also mentioned reducing the mining reward to compensate for that – from 5 to possibly 4 or 3 seems most likely

Ok thank you , what does that imply for miners ?
Especially small ones.

the diff level has gone in timebomb/ice-age mode, every epoch towards 150 will exponentially increased -- this design was put in place getting ready for POS and forcing miners to drop off POW....  but since they are not ready to POS.... this has created very long delays.... go and do a transaction in ETH and you will see the very long confirmation time.... looks like ETH team need to figure something out quick because there are many many new ICOs launching now

On Polo, BTC loan rates are very low nowadays.

Could you explain ?
I noticed for ethpool it requires a large hashrate to work properly nowadays. Is that what you mean ?
But for others pools like dwarf and ethermin , I think there is no  minimum hashrate ? you can split hashrate to differents pools or differentsaddresses ? no ?

Monitor the market.... GPUs price should go into correction mode soon (according to a trusted source) ..... I hope to get more 1080ti and 1070, 1060 and AMD mining cards when the price is right.

With the blood bath in crypto in last few days... some have asked me if crypto mining is dead... LOL.... don't listen to FUD, being a newbie compared to many veterans out there.... just after over 2 years plus in this game... as long as crypto-currency and the blockchain is "taking over the world" -- there are always opportunities everyday -- disclaimer - mining is about over half of my group's portfolio, the rest is long & short term trading. Also... pay attention to Warren Buffet's Rule #1... don't lose money!

Also stick close to members like Phil and his threads - he is a gem of a gentleman, he is one of many who have guided me into the crypto journey in the last 2 years. Plenty to learn everyday.

Mine on!

I have gone the route of sitting on cash. I will
Look for good spots to get something cheaper.

I almost purchased a few 1080 ti's for 690 each and six months to pay them off decided to pass.

I have 550 that I have to spend  by August 1 on ebay

This is all the ebucks from buying 1080 tis from April 1 to June 30

I was geting bored with 1080ti and ZEC... so I have moved most of my 1080tis to mine CHC at yimp directly a CHC wallet.

The 1070s and 1060s are still hard at it at ETH... every DAG is a mountain to climb now.

Sad to say that you need at least 1GHs now to make ETH worth to mine.... anything less than that will be just to tough.

One of my fellow farmers with a small 1.4 Ghs farm has just gave up and switched to Nicehash to rent out his ETH hash for BTC.

Right now i have only like $5 in my coinbase account, for some reason i got a random $5 refund after my transfer of BTC from coinbase to bitconnect, which i invested it all in a loan.. today i got 1.87% payout on my loan

I am going to look into the core wallets after the aug 1st stuff clears up some.. im taking a huge risk because bitconnect stated they will support both sides with exchanges from bcc... but i have my mining rigs currently sending all my BTC payouts to my bitconnect BTC wallet and im immediately loaning it out... i was doing the math on BCC vs BTC, basically it follows the price of BTC so closely that waiting at all to convert the BTC to BCC before loaning it literally no difference no matter what the BTC price is..

I know i am taking a huge risk doing this, but sometimes you gotta take risk when there is lots of money to be made and noone knows whats happening Aug 1st, so im hedging that bitconnect is a safer bet with my mining profits the last 2+ months right now.. once the aug 1st stuff settles im not sure what ill do, but i plan to split my bitconnect and mining separately again. I want to basically push for max investment right now tell aug 1st on it since the daily interest is the highest its ever been right now due to the huge amount of volatility, which is how bitconnect trades off of.. at the rate of daily interest im getting i wouldn't be shocked if i hit something like 25% ROI by august 1st on my lending.. then ill start making steps to remove my initial investment from bitconnect to whichever the stable btc coin comes from all of this ruckus... and let the current loans carry on to ride out this crazy train that may or may not pay out...

I cannot express this enough...

Please have your BTC in a wallet prior to July 29th where YOU control the private keys.  If you do not have the private keys, you do NOT have the BTC, you are literally loaning it to the them!  Online wallets may be convenient, but you'll be at the mercy of how they choose to handle the potential change that is possibly upcoming.  Be your own bank!

A core wallet is probably the safest place to keep your BTC.  The download link is literally on every page of this forum.
A hardware wallet is either the next best place to keep your funds, or possibly the safest place.  It depends whether they support a chain split and/or hard fork.
A wallet like Electrum or Jaxx is probably the third best place, since the addressees and Tx signing are offline, but they rely on online servers to to the Tx processing.
A fully online wallet like Blockchain.info or an exchange is the last place I'd put my BTC.  You are in control of NOTHING.

I align with this guy's view of the upcoming turmoil.  I think that the huge miner's are getting "a little too big for their britches", and there needs to be checks and balances in this space for it to succeed.  If the huge miners can just impose their will, we'll just end up with Bitmain-coin.   

https://youtu.be/wBBWubXIOzw?t=243

I have been on this forum for around a month or two.  I finally feel prety comfortable with all the knowledge I gained.  But it required alot of painful reading and asking questions no one wanted to answer.

I have put together a guide on building multi GPU's with most of the information you need.  It is aim at people almost totally new to the game.  Here is a link to the guide.

https://steemit.com/cryptocurrency/@evilmonkey/4-mining-guide-how-to-build-multi-gpu-open-air-rigs-riser-cards-tips-psu-selection-etherium-zcash-zec

It contains links and information on everything you need really.  My previous guides #1 #2 #3 were all about getting started in mining then moving to mining individual coins with command lines and the third one is all about configuring windows.  I provide batch files etc that automatically turn off windowsupdates and all thsoe settings that interfair with mining.

Would appreciate any feedback on the forth guide incase I put any info that is not quite correct.

I would have killed for this info when I was starting out.  IT would have saved me about a months worth of reading I hope it helps other out.  I will post it in the main forum too.