Topic: Number 9! Ninth altcoin thread. Back to the moon Baby! - page 81. (Read 66416 times)

Once the public starts buying I look at selling, but I don't see much interest yet.  I've worked in the financial field for 20 years and its always the same, day trading, panic selling in march of 2009 buying high and selling low.

Nice hash paid my 3 accounts today. so they hodl long enough on the last 18% owed to me. about 0.0131 coinage are now at a nice price

btc 21,339 = damn!! my thread title looks good.

eth 632 = almost 45% off ATH

Was just reading the thread....as for the price, I like to zoom out a lot and see the last 3 major pumps and imagine what the 4th one will look like.  I also remembered....we are the 16th....!
Go see your nicehash if you are owed a balance.  They owed me 0.017btc and its in the process of being withdrawn.  By Satoshi they actually paid.  Not a big deal or anything but thats going to be worth a used car soon so xD  Hopefully

I sold some today.  I don't mind selling small pieces as it drifts upwards.

I think it will be time to sell when we are saying crazy daily gains like 20% a day. So if it goes 20% today, then 20% tomorrow, that might be time to sell a little bit. Similar to what happened back in 2017.

Another time to sell might be in January 2021 because people might start taking profits on the new tax year. So if it closes below $20K on the daily in January . Maybe time to get cautious and maybe sell or take some profits. You can always buy it back cheaper.

However trading is risky. So anything can happen.

Woke up today to BTC = 20,700. Wow. 

So I wonder if people have had sell orders placed for if it crosses 20k, and if a bunch of transactions happened today globally. 

some moves to manage sell off

sell 5-10% today.

hodl 90%-95%


or

sell 15-20% today

hodl 80-85%


or
sell 1/3 today
hodl 2/3


or sell

1/2 today
hodl 1/2



I am 63 so.

yesterday at 19200  I sold some

today at 20,400 I sold some.

I kept more than 75% of my coins and I am earning more with the mining.

The question now is, when will this cycle top out? I don't see normie euphoria, yet? When is the time to sell?

I have a

bitcoin core wallet ----- I have seeds
a few trezors ----------- I have seeds
coinbase


some coin frozen in hitbtc

https://hitbtc.com/btc-to-usdt
 
I can trade it but can't withdraw it.  about 125 usd worth of doge


eth has gone to 615
BTC all time high of 20400


My thread title is now true. we are back on the moon. Took a long time May 2019 to Dec 2020

That is good advice to remember. Thank you for that. 

I'm reminded of a technology trainer years ago who kept his login password on a sticky note under his keyboard titled "Not My Password".  Now I'm thinking it would be fun, at work, to just make a prank sticky note that says "Not My Seeds" and list random words on it! hahaha.  Thank you for the wise words. 

  use an independent  address


https://www.nicehash.com/my/miner/146UJM5kgzLVUV23CXCf33KQKHckoX1gx3


do not join nice hash. the address above is one I put in with simple miner

it cashs at 0.001 btc

 I do nothing it is on auto pilot


same with this address:

https://www.nicehash.com/my/miner/33MP6oHLGnnrVAf1hC3WV2RBXZ2HNsexYw

Maybe take the payout to NH wallet but i sure wouldnt store ANY coins for anytime on a wallet i dont hold the seed.  I would recommend moving them out at regular intervals based to tx costs and value.   So yes figure out the fees and do what makes sense works for you.  I dont use NiceHack and i only mine to wallets i hold the seed for.   If NH holds the seed it is their wallet not yours.  

1st rule of crypto...he who holds the seed holds the coins.

I setup a nice hash account to poke around and see, as that was what Phil shared in an earlier post.  Obviously I won't be able to dive too deep until I get a rig setup... but it looks like it gives you a wallet to use on the site.  I saw something else that I can't find now, that said something to the effect of... they want you to use their on-site wallet, and if not, then you'll get paid a little less to use an offsite wallet. 

My gameplan early on, is to mine and hold.  I won't be reaching out so big with gear that I can't just afford to pay my power out of pocket.  It's really a small rig beginner step for me.  So I wouldn't be cashing anything out, not even to pay power at this point.  If I can get the hang of it, and start to expand as GPUs become available someday (lol!).  So that having been said, I'm wanting to keep the coins as secure as possible, and hoping to avoid fees along the way.  From what I gather, it seems you get charged every time you move your coins from here to there, it even looks like I will get charged moving from coinbase.com (where my only crypto presently resides) to the coinbase wallet app on my phone.  Seems that should all be internal and not cost fees.  But it doesn't look like that. 

So every time I cash out on Nice Hash, should I expect to pay a fee?  Would it be better to mine to a nice hash wallet until there's a set value there to justify paying a fee to move it elsewhere? 

* Also - am I over thinking this?  LOL.  I know I tend to...

Same problem with hashrate, (HiveOS / Lolminer).
First card lost even more, from 29 -> 26 Mh/s.

LOL for some reason 2 rigs with 1080ti here joined the 4gb quitters dropped to 17-18mhs, tried the latest phoenix miner version but still sticking to 4gb dag generation, shifted to nbminer fixed the issue hehe.. some bunch of weirdos.

consider minerstat as well, been running on win10.  stable, clean GUI everything just works

https://cdn-images-1.medium.com/max/800/1*0-s3IIh6azilwjnRjU9vsQ.png



[/quote]

Here is the post
https://bitcointalksearch.org/topic/m.55389967
[/quote]

So, I am using SMOS with PhoenixMiner v5.3-fix and have seen the expected dip in h/r with 4GB cards.  Even though this table shows that linux wont take a hit on Dec 11th, that is when my first hit occurred and then another one a few hours ago. I highly recommend this combo as it allows robust monitoring through SMOS dashboard.  Granted, that reduction is not optimal but certainly better than the alternative of not working at all and clearly still profitable at least for a few more weeks.

I just got my final 5600 XT today so will likely be converting over 1 of my 470 4GB rigs this weekend, then just let the other 3 chug away until no longer profitable.  From there, it's a question of whether top try to sell off all 4GB or mine something else with them.  Will be selling the ones off the new 5600XT rig so probably see how that goes then re-asses.  The somewhat silver lining is that with the huge GPU shortage, even these old cards are getting more on ebay. Of course, they will likely change when the glut of them hit in the coming months, but something to think about.

Here is my answer for these, no sure if i'm right but

-The two most common mining OS are the Linux based systems (SMOS, HiveOs etc.) and Windows (7, 8.1 but mostly 10).
-- I have been using Windows 7 & 10 and HiveOs (On HiveOS 1 rig is free)
---SMOS and HiveOs are easy if everything goes like it should but some linux knowledge does help if there is problems.
---Windows needs little bit more work at start (Auto login, stop updates, set Virtual Memory etc).

-Not sure if SMOS have own pool, HiveOS has but i would check https://etherscan.io/stat/miner?blocktype=blocks for other big pools. Customer service isn't really good in any of them, i think.
 Or you can use nicehash like Philipma said.

-who knows if it is better to change it now or later, it depends on you game. But BTC is easiest to change to $. If you planing of holding coins before changing to FIAT, you have to guess which will rise more
--You could try miningpoolhub, they also have auto-exchange to BTC or any other coin they have (Or you can keep Eth).
---I would NOT recommend holding much coins on pools. One day those can just disappear.

-There is usually help on pool site but for PM its normally "PhoenixMiner.exe -pool POOL:PORT -wal username.workername -pass x ..."

Epoch #382 just hit and pretty much killed off all AMG 4G GPUs (unless running lolminer) and Antminer E3. Looking at one pool,
https://ethermine.org/statistics

It looks like so far ~15% of the hashrate has been removed from the network. The block times are longer according to, https://ethstats.net/ so I wonder how low it will keep on going. I am assuming 20-25% or so which is crazy high.

Regarding lolminer on 4GB GPUs? I will probably just remove them from my farm and sell them on Craigslist. Basically there are 3 issues with lolminer. One there is no remote monitoring, there is no GPU throttling under overheat, they crash every 3 hours on average and the worst of all is the speed reduction. Under Epoch #380, my GPUs ran at 29.5MH/s each, then #381 it ran at 28.5MH/s, and an hour ago the speed decreased even further and runs at 27.5MH/s. So basically not worth the headache. RIP 4GB.

Simple mining is a router service of sorts.

your rig ----- to simple mining ------- to many different pools ------ to your wallet



if  a rig is programed on simple miner  to mine eth at nice hash the bat for the program may look like this.

it would use phoenix miner software programmed below

phoenixminer-v5.2e
-eres 4 -pool daggerhashimoto.usa.nicehash.com:3353 -wal 33MP6oHLGnnrVAf1hC3WV2RBXZ2HNsexYw.zo -pass x -proto 4 -rmode 2 -stales 0

if mining raven on nice hash

   kawpowminer-v1.2.3-cuda10.2   
-P stratum+tcp://[email protected]:3385 --api-port 3333

that would show at nice hash if you click this link

https://www.nicehash.com/my/miner/33MP6oHLGnnrVAf1hC3WV2RBXZ2HNsexYw

I have a 2 card rig that mines at that address. click link and see it.

every 2 weeks or so it sends btc coin to

https://www.blockchain.com/btc/address/33MP6oHLGnnrVAf1hC3WV2RBXZ2HNsexYw

the advantages of using nicehash to convert what ever coin to btc are : less work to do

you can do this with out signing up for nicehash
you can send money to a cold wallet and simply hold the coin

you can send the coin to coinbase and simply hold the coin

you can send the coin to coinbase and cash it
you can send the coin to coinbase and trade it

is it better than sending you rig to say viabtc.com and mining eth directly maybe yes maybe no .

you are starting small to learn you can try simplemining to nicehash to btc to coinbase for a few payouts
then try simple mining to viabtc sending eth to coinbase.

you will have a small rig

 viabtc makes the eth grow to 0.20 = 120 usd high is about 65 days
nicehash makes the btc grow to 0.001 = 20 usd which is about 10 days