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ime2006 01-30-2018 08:09 PM

Goooood Job FB!!!

Bitcoin is already under 10k

But ETH doesn't dip too much. This is very interesting!!

Manic! 01-30-2018 10:30 PM

Quote:

Originally Posted by SkinnyPupp (Post 8885592)
So now you're almost at $0 - that is IF you sell your coins and transfer the fiat to your bank account, and pay back for the electricity used

Go for it! SeemsGood

(actually the smart thing may be to sell all those GPUs now that they are super valuable, and just buy coins with the profit)

I paid off the 6 cards and power at the start of January. When I started mining Eth was less than $300. I'm holding till the wheels fall off.

Pho Dac Biet 01-31-2018 01:42 AM

Which upcoming ICO are you guys most horny for? And what is the strategy for ICO?

$_$ 01-31-2018 02:26 AM

Quote:

Originally Posted by Pho Dac Biet (Post 8885673)
Which upcoming ICO are you guys most horny for? And what is the strategy for ICO?

I've stopped getting hyped and participating in new ICO's for now. There's just too many scamcoins, shitcoins, and overall scams and schemes out there on the market right now. I think it's more important to invest in platforms that have blockchain 3.0 in mind, that fixes the scalability issues we are currently running into. A lot of these new ICO's are more or less just fundraising efforts, and that's not what I'm really about. We should focus more on the underlying infrastructure of this new internet instead

Manic! 01-31-2018 04:36 PM

1080Ti came in today. the rig is flying now. With 6 cards I was getting .2 eth every 9 days. Will see how long it takes now with 3 extra cards. The crazy thing is It's only drawing a little less than 1650 watts from the wall and I had the monitor running. That's with no under volting.

RickyTan3 01-31-2018 08:02 PM

Lol you farmers crack me up...

If you where so into it why dont you lease a warehouse in Richmond and go balls to the wall

Manic! 01-31-2018 08:09 PM

Quote:

Originally Posted by RickyTan3 (Post 8885770)
Lol you farmers crack me up...

If you where so into it why dont you lease a warehouse in Richmond and go balls to the wall

Because I live in Nanaimo and it's hard to get parts. Most places have a 1 GPU per customer policy.

From the first page posted in 2013.

Quote:

I almost bought one of these new super mining rigs. almost.

RickyTan3 01-31-2018 08:18 PM

There is supposedly a new miner that mines $200/day vs $20 a day ETH or BTC that would be more ideal

Manic! 01-31-2018 08:46 PM

Quote:

Originally Posted by RickyTan3 (Post 8885772)
There is supposedly a new miner that mines $200/day vs $20 a day ETH or BTC that would be more ideal

Problem again is getting one. They are all sold out. Also When new asic miners come out the difficulty increases big time.




ime2006 01-31-2018 09:12 PM

Quote:

Originally Posted by Manic! (Post 8885776)
Problem again is getting one. They are all sold out. Also When new asic miners come out the difficulty increases big time.


https://www.youtube.com/watch?v=0f_WLjCcPTk

https://www.youtube.com/watch?v=6ZFx35ilUwQ

No wonder, i am not getting anything from mining Siacoin anymore...

Eventually, mining will be all ASIC ?
Which means doomsday for GPU miners ?

The reason i went with GPU mining, its because, GPU still somehow hold some value.
But, not too sure if it will hold any value, when everyone is backing out of mining, and selling them off.

Manic! 01-31-2018 09:39 PM

Quote:

Originally Posted by ime2006 (Post 8885779)
No wonder, i am not getting anything from mining Siacoin anymore...

Eventually, mining will be all ASIC ?
Which means doomsday for GPU miners ?

The reason i went with GPU mining, its because, GPU still somehow hold some value.
But, not too sure if it will hold any value, when everyone is backing out of mining, and selling them off.

Ethereum and some other coins are designed to be asic resistant. So you can't mine with ASICS.

ime2006 01-31-2018 10:17 PM

Quote:

Originally Posted by Manic! (Post 8885784)
Ethereum and some other coins are designed to be asic resistant. So you can't mine with ASICS.

yea, i just read about that.

If ETH going POS.

Should we go nicehash ?

corollagtSr5 02-01-2018 12:29 AM

Samsung is making processors solely for cryptocurrency mining | TechRadar

Manic! 02-01-2018 12:36 AM

Quote:

Originally Posted by ime2006 (Post 8885788)
yea, i just read about that.

If ETH going POS.

Should we go nicehash ?

Maybe Nicehash or a coin that has a change of really increasing in price.

Quote:

Originally Posted by corollagtSr5 (Post 8885798)

Funny they talk about mining Ethereum with asics when it's about to go proof of stake.

DragonChi 02-01-2018 12:49 AM

Man, RAM chips are going to be in super short supply for the next few years.


I wonder what the timeline will be for these ASICs to hit the market. I remember when BTC first came out. Lots of controversy about pre-mining.

DragonChi 02-01-2018 12:49 AM

What are the impacts of ETH going proof of stake?

corollagtSr5 02-01-2018 01:06 AM

Its no longer minable not sure what the impacts are though.

ime2006 02-01-2018 01:15 AM

The question is when ETH POS will happen ??

I heard it suppose to happen in year 2017.
Now, it's 2018

If it happened, ETH mining will go into ice age.
It becomes impossible to mine.

Might have to go with nicehash that mines multiple altcoin then pays out in bitcoin.

Btw, bitcoin is going down fast again. Now, it's 9500
Heard India is cracking down cryptocurrency trading.

https://www.google.ca/amp/s/www.rt.c...crackdown/amp/

corollagtSr5 02-01-2018 01:24 AM

All i know is pos is the future. Mining using asics or gpu is a waste of resources, they just havent coded it yet. Think about how much cannabis they could have grown with all that wasted electricity.

Manic! 02-01-2018 01:36 AM

POS will have miners. Someone will still have to validate the transactions.

https://blockgeeks.com/guides/proof-...roof-of-stake/

Ulic Qel-Droma 02-01-2018 02:37 AM

Quote:

Originally Posted by SkinnyPupp (Post 8885612)
I reported every bitcoin ad I saw on FB. They were all scammers

https://pbs.twimg.com/media/DQ0aaVCW4AASkNd.jpg

YOU MEAN THIS GUY?!

but i already gave him 10000 dollars!!!! he's a crypto genius and teh news reporter says he knows the next bitcoin!!!

PeanutButter 02-01-2018 09:20 AM

the blood bath. Both in crypto and in MJ sector.. just the way I like it... =(

DragonChi 02-01-2018 09:28 AM

Korea said they would regulate btc not ban it. Prices should see a rise in a couple weeks.

corollagtSr5 02-01-2018 09:57 AM

So do you think ethereum will take number one spot this year lol.

ime2006 02-01-2018 10:06 AM

Quote:

Originally Posted by corollagtSr5 (Post 8885847)
So do you think ethereum will take number one spot this year lol.

I am very surprised ETH is not effected very much.
It holds pretty strong.

I am mining ETH, I really wish it will take no.1 spot. lol


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