Pages:
Author

Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 26. (Read 66403 times)

legendary
Activity: 3444
Merit: 1061
No idea if any of you guys follow twitter but apartently FirtsSquawk which is an individual that most people follow in the financial sector because they deliver important market events in real time. Its great to have them on your feed because you get up to the minute market events.

Earlier today they tweeted that "CME futures is going to launch Doge futures". And because of this Doge started to rally, or at least didnt tank like everything else. Now people are thinking they might be hacked because I don't think there is going to be a Doge futures on the CME. ETH I understand, maybe LTC or XRP. But I just don't see Doge making the cut.

the doge is out of the bag..it broke its all time high in (satoshi value) cryptsy LOL, anything can happen. maybe 1$ is not impossible anymore.
legendary
Activity: 3808
Merit: 1723
No idea if any of you guys follow twitter but apartently FirtsSquawk which is an individual that most people follow in the financial sector because they deliver important market events in real time. Its great to have them on your feed because you get up to the minute market events.

Earlier today they tweeted that "CME futures is going to launch Doge futures". And because of this Doge started to rally, or at least didnt tank like everything else. Now people are thinking they might be hacked because I don't think there is going to be a Doge futures on the CME. ETH I understand, maybe LTC or XRP. But I just don't see Doge making the cut.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
figured that was a pretty good possibility too.  Of course on all things I'm just window shopping and crunching numbers.  nothing to buy and no money to buy it with so I'm safe hahahaha


I grabbed this

https://www.bestbuy.com/site/dell-g5-15-6-fhd-gaming-laptop-amd-ryzen-5-8gb-ram-amd-radeon-rx-5600m-256gb-ssd-60hz-red-print-backlit-keyboard-grey/6409419.p?

Its kind of good but not really good.

Makes about 3 day and burns about 3 kwatts a day


member
Activity: 115
Merit: 16
figured that was a pretty good possibility too.  Of course on all things I'm just window shopping and crunching numbers.  nothing to buy and no money to buy it with so I'm safe hahahaha
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Since starting here several months ago, I first was attracted to the asics, for the hashrate density, but quickly realized they cost a ton and were impossible to get.  So I started exploring GPU mining, and ended up in the same place LOL.  So it's been interesting to look at asics again, wondering if maybe they might now be easier to get than GPUs.  Linzhi site shows you can order for a May shipment, or June or July.  Kind of interesting.  But again, the numbers seem way too good to be true, if I'm looking at them right.  eth profit calculator shows one profiting $8k a month right now. 

Its EOL is too short.

And I think you are looking at the scam website.  Do not buy the gear.
member
Activity: 115
Merit: 16
Since starting here several months ago, I first was attracted to the asics, for the hashrate density, but quickly realized they cost a ton and were impossible to get.  So I started exploring GPU mining, and ended up in the same place LOL.  So it's been interesting to look at asics again, wondering if maybe they might now be easier to get than GPUs.  Linzhi site shows you can order for a May shipment, or June or July.  Kind of interesting.  But again, the numbers seem way too good to be true, if I'm looking at them right.  eth profit calculator shows one profiting $8k a month right now. 
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Looking at the linzhi page and the numbers you and they are both saying...  seems like a way too good to be true kinda thing, if I'm looking at it right.  And I'm seeing it only has 4.6G memory from which 4.4G is avaialble for the DAG.  That is no bueno, right?  the Dag exceeded 4 GB recently, if I'm understanding what I think I'm understanding about this. 

the linzhi is very near eol.


but bitmain has made many eth asic miners innosilicon has made eth asic miners

so we are at a point in mining that builders dont need to sell gear.

they are using it for their own mining purposes.

they get more profit by mining then by sell the gear.
member
Activity: 115
Merit: 16
Looking at the linzhi page and the numbers you and they are both saying...  seems like a way too good to be true kinda thing, if I'm looking at it right.  And I'm seeing it only has 4.6G memory from which 4.4G is avaialble for the DAG.  That is no bueno, right?  the Dag exceeded 4 GB recently, if I'm understanding what I think I'm understanding about this. 
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Well I keep getting my posts deleted in the BTC speculation tread on BTC difficulty.

So to give a better explanation on Difficulty ratios and price ratios I will do it here.

All of the below are facts:

1)there is a 3300 watt btc miner the s19pro

2)there is a 3300 watt asic miner the Linzhi


3) 3300 watts is 80 kwatts a day 4 usd at 5 power cost

4) the s19pro makes 110 x  $0.3461  =  $38.07  minus 80 kwatts of power say 5 cents thus 38.07 - 4.00 = $34.07 profit

5) the linzhi makes 2700 x $0.0988 = $ 266.76 minus the same 4 usd in power = $262.76 profit

6) Bitmain has built the s19pro
7) Bitmain has built asic mining eth machines.
Cool Bitmain has landed 3 huge deals for cloud mining this year.



9)   Eth diff rate is fairly stable since coal and power was restricted in China
10) BTC diff rate has tanks by over 20% since coal and power was restricted in China


Next is not a certain fact. It is a conclusion based on the 10 facts above.

Bitmain has excess gear in the cloud mines

 it has 20% extra s19s
 It has 20% extra eth machines

now faced with a lack of power what machines get turn off and what machines get turned on.

They shut down 20% of their btc gear
they turn on 20% of their eth gear

that auto vert the excess eth into btc to pay the btc cloud people and they cut their power bigly.
hero member
Activity: 729
Merit: 513
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
I grabbed some cheap btc.
full member
Activity: 188
Merit: 104
Yikes. Who pulled the plug on all the crypto everythings?

Was wondering the same.  Almost everything dropped 15-20% at same time.
member
Activity: 115
Merit: 16
Yikes. Who pulled the plug on all the crypto everythings?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Early on in my dive into mining, I was of course looking at bitcoin directly.  Somebody over on that side of the forum strongly advised me about buying second had ASICs.  Seems the wear and tear on them is pretty severe, what do you guys that actually have them think? 

I didn't realize it was taking that level of hardware to mine doge.  That sounds pretty intense.



The antminer L3+ is very good gear.
I made a shit ton of money on them.
I purchased most of them under 200 bucks back in 2018.

They earn me more money than any gear.

But part of the reason was we decided to hodl the doge and convert some of the Ltc mined into doge.
We made a ton of money 💵 and the gear ⚙️ has worked well.




shuffle is up about 1 hour to go.

https://www.newegg.com/product-shuffle
member
Activity: 115
Merit: 16
Early on in my dive into mining, I was of course looking at bitcoin directly.  Somebody over on that side of the forum strongly advised me about buying second had ASICs.  Seems the wear and tear on them is pretty severe, what do you guys that actually have them think? 

I didn't realize it was taking that level of hardware to mine doge.  That sounds pretty intense.

full member
Activity: 188
Merit: 104
I missed today also. 

Almost bought a couple of L3+ miners a couple of weeks ago for $500/each and talked myself out of it.  Now kicking myself as they are going for almost double that now.   Angry
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Guys!  Guess what guess what guess what!?!? You know the Newegg Shuffle? 

I'm still 100% never been picked.  That is all.

Tongue

I missed today.

what are 0 for 20
member
Activity: 115
Merit: 16
Guys!  Guess what guess what guess what!?!? You know the Newegg Shuffle? 

I'm still 100% never been picked.  That is all.

Tongue
member
Activity: 115
Merit: 16
I have seen you mention the L3 miners before.  Is that an ASIC device?
Pages:
Jump to: