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Showing 20 of 32 results by Astonuse
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Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 09/11/2018, 10:23:08 UTC
Good coin. But need to be developed.

It has to change the PoW soon so that more people will participate the mining.
Post
Topic
Board Speculation (Altcoins)
Re: My top alt coins that will see biggest gains by 2020
by
Astonuse
on 02/09/2018, 08:26:50 UTC
I have my own opinion
my top altcoin is
1. tron
2. Tokenomy
3. Cardano
4. XLM
5. Bitcoin Cash

I think the four coins will be x100

I agree with the bitcoin cash above.
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 30/05/2018, 08:11:14 UTC
The more I read about Zcash the more I think its totally overhyped.

What have you read to get such conclusion?
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 23/04/2018, 08:12:33 UTC
As for me, this coin deserves attention, because
First, the crypto currency largely copies the bitcoin model, using its strengths.
Secondly, the developers of Zcash have implemented an innovative solution for zk-SNARK privacy.
And thirdly, the property of "interchangeability" makes it impossible to track the history of using a specific token, providing a "liquid exchange environment."
In addition, the project team is strong and has growth prospects


The ZEC developer did not think the community's call for ASIC resistant PoW is a good idea. That might drive away many users.
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 09/03/2018, 09:44:51 UTC
Hi guys, does ZCash any advantage over it's fork called ZenCash ? ZenCash looks very good to me, the only disadvantage could be a small adoption?

The ZCash has more development support, as they are paid 20% of all the block reward.
Post
Topic
Board Speculation (Altcoins)
Re: Is Ripple the best coin to buy
by
Astonuse
on 30/01/2018, 10:03:38 UTC
I think Stellar is a better buy than Ripple. They have made some good deals with some banks in Singapur.

That is right. The Stellar was built based on the Ripple. It has more advanced technologies.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Astonuse
on 10/11/2017, 17:13:57 UTC
I'd say it's a difficult time to start up.  Building a rig is expensive compared to expected monthly income these days.  Probably take a year to get ROI.  Then again, we can't predict the future, and if you find cheap parts maybe you get lucky.

The altcoin mining could be more profitable in the short term as the price is rising.
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 25/10/2017, 12:26:29 UTC
JPMorgan Integrates Zcash Privacy Tech Into Quorum Blockchain
Oct 17, 2017 at 13:00 UTC by Michael del Castillo

How big is this guys ?

https://www.coindesk.com/jpmorgan-integrates-zcash-privacy-tech-enterprise-blockchain/

It seems it is just about the ZEC privacy technology, not the ZEC itself.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Astonuse
on 05/08/2017, 07:28:30 UTC
Congratulations to those who are still having good profits by mining it.

I think these are the miners who have lower than $0.15/kWh electricity. If the difficulty rises as fast as before, they will not be profitable soon.

I pay 0.25 dollar /kWh and use the old 7970 to mine the Eth. I will not be profitable to mine in the next few weeks.
Electricity in my place cheap, for now minie the eth  is still profitable.
But I do not know when ETH mining is closed?  Huh

Some time next year. There is no fixed date yet.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Astonuse
on 29/07/2017, 15:39:28 UTC
The thing with ETH mining is, they are switching from POW to POS which is a crazy move IMO. Now we have price drop along with difficulty increase  which is a crazy situation again and miners should go through and be patient but wait ... they are waiting for what? Ethereum difficulty bomb and POW becoming worthless?!

It is what going to happen: Ethereum mining will become worthless in few months (ETH price being recovered or not), miners jump to other gpu-friendly altcoins (ETC, ZEC, ... )  and consequently we will be witnessing a HUGE difficulty jump on those chains and a serious profits cut as a result.

Gpu mining is going to die , viva gpu mining.



For the people with very cheap electricity price, mining is still worth it. For me, it is not worth it.
Post
Topic
Board Mining (Altcoins)
Re: Fourth alt coin thread last three got oversized.
by
Astonuse
on 12/07/2017, 15:25:06 UTC

I offer you this for fear  there is big money in the game  over 100 billion in coin and gear.

Intel
Amd
Nvidia
Corsair
Evga
Sapphire
Zotac
Asrock
Asus
Biostar
Dell
HP

and many companies  have a vested interest in selling us pc's for mining.

For doubt  I offer you this  the list of companies above do not want gpu mining to fail.

So  for now simply  under clock under volt  and thread water.

For the  btc split  use some gear for core wallets.

I built a new core 14

I am updating this core 11 to a 14.
I can only have one online at a time
but I will have 2 core wallets

lastly I sold enough coins to pay all mining bills and to have money  to buy back coins  if there is a real crash.

http://i.imgur.com/N79HGn6.png

When do you think these companies will pump? If they overinvested in the mining, they might be in big trouble.
Post
Topic
Board Speculation (Altcoins)
Re: zcash soon 0.2 btc!
by
Astonuse
on 06/01/2017, 11:38:33 UTC
~~
i am sure that the difficulties of zec will be increase as there are many starter miners see that mining zec is an opportunity to them and they can get much of zec right now. but its depend on how much hashrate we have to get much of zec, beside that i hope that zec could be increase too.

Yes, but the higher the hashrate you want to have the higher price you should pay for the miners. Idk, I still think that to mine Bitcoins is more profitable because:

1. The price of BTC is more than 20 times higher than the price of ZEC.

2. ZEC is new and unstable, so the price of it might drop even more in the near future.



Anytime bitcoin mine still profitable. even compare with ZEC. Let say if bitcoin can guarantee his price. and everytime the  supply will be decreasing and it will make the price will increase. economy 101.
The mining phase of ZEC still a long.

I still mine the ZEC. It is profitable.

But for the time being, ETH is more profitable.

For miner who are mining ZEC are making some decent money with ZEC but the people who have invested in zec are waiting for their turn, but it will take some time to reach to at least 0.1 btc.

The miner dumps the coin right now. ZEC still in the early mine and there are lots of the time to mine other ZEC. They will be selling it at the price was getting a little pumping.

The price has not dropped. Does it mean the ZEC is absorbed well?

There is a good demand for it.
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 21/12/2016, 16:47:44 UTC
Have they managed to make anonymous transactions actually work?

Yes, I believe they did. I think the rapid price increase after release was a reflection of people's desire for such a coin too. Not just your average altcoin pump.

the rapid increase of price after release was the power of super hype that began months ago + low initial inflation.... with the current inflaction is impossible to mantain the current price.... the price is going to fall alot more

The 'hype' had an actual basis, unlike most altcoins. I said nothing about the current price, or maintaining it.
People really want an anonymous, fungible cryptocurrency like this.

We all agreed about the Hype impact on the price, cos it doesn't make any sense for a coin that its only claim is anonymous but no real use yet, even not one dark net market has adopt it yet.

The first days (or even weeks) on exchange were nuts, and such prices doesn't only make sense because there isn't real use yet - that's the case for nearly all Cryptocurrency-and blockchain-projects when they start. It was a combination of hype and very very limited supply.

That said, it will need some time. And if there won't be bugs and catastrophes and if people are not concerned about the trusted setup Zcash may establish itself over time and also grow into real use-cases. But it's impossible to predict.

The high price was due to lack of supply. The volume was also very low.
Post
Topic
Board Bitcoin Discussion
Re: NEver keep all your coins on an exchange
by
Astonuse
on 09/12/2016, 10:49:14 UTC
I think it depends on the exchanger site. Because I'm always leaving my altcoins in c-cex but it never lost. It would be better if you will leave your bitcoins or altcoins in some legit exchangers like c-cex and yobit to be sure that your bitcoin or altcoin would never be lost or get stolen maybe.

Is c-cex or yobit more legit than poloniex?
Post
Topic
Board Altcoin Discussion
Re: Thoughts on Zcash?
by
Astonuse
on 15/11/2016, 17:02:05 UTC
Zcash did it much better then i expected, i have fun mining it whit my big rig and in the cloud.
Which cloud miner did u buy your hash power from? I used all the 3...

a. www.Genesis-Mining.com

b. www.Zcash-Miner.com

c. www.ZeroPond.com

I'd have on good profit by now unless ZeroPond.com so drastically failed to deliver. They had the highest cost and delivered the worst of the lot.

A  www.Genesis-Mining.com, and i have a view rigs running as well.

RocketPie, can you make a comparison video? or review on this site? Love to see that!
ZeroPond is an absolute waste. They are now making thousands of excuses for their bad performance. Both Genesis-Mining & Zcash-Miner are good. The only difference is Zcash-Miner contracts last for 3 months as against Genesis-Mining's 1 year contract. Hence Zcash-Miner contracts cost 1/4th that of Genesis-Mining. Both are offering free mining in Slow-Start mining period.

Thanks for providing the comparison. It is helpful.

i still can't believe that cloud mining is profitable. how much did you pay and how much did you get back?

EDIT: and after i read this on Zcash-Miner.com

Quote
10 Sol/s @ 0.125 BTC for 3 months

i can't believe it. you need an old PC or Mac to get 10 Sol/s.

0.00377812 ZEC mined with an old MacPro 2.8 GHz Quad-Core Intel Xeon in 20 hours.

That is very expensive. One R9 390 costs about $200 at the moment and it can have aroudn 140H/s.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Astonuse
on 07/11/2016, 18:12:43 UTC
The Etheruem mining was not so profitable a few weeks ago. But due to the introduction of ZCash, it is more profitable now.

it's because the diff decreased by a lot, from 6 tera so around 4 tera, now, this mean also that there re no more gpu in play, farm are change changing their coin target, so we have plenty of time at this level before new gpu are added and the diff rise again on eveyr coin

The drop of the Etheruem mining difficulty has stopped and the difficulty is rising again. The price is not rising.
Post
Topic
Board Bitcoin Discussion
Re: NEver keep all your coins on an exchange
by
Astonuse
on 13/10/2016, 08:32:24 UTC
I think the reason people still keep their coins on an exchange is that they don't want to lose that small part of their money which they should pay for withdrawing. This approach is not a good one though. You should easily accept losing a small fraction of your money in order to not lose much more.

That is really a foolish thing if really someone thinks that, being that much miser would probably cost you, for just paying 0.1% or something on withdraw fees you put all 100% of your money under risk? Is that wise at all?

It's an illogical way of thinking. I've bought $100 worth of Monero, but I couldn't buy it all at once so I had to buy 5 times to reach the sum. After 5 transactions, I have lost 1 Monero which means $10. This means I'm left with $90.. It's a misery but I still prefer losing $10 rather than risking $100.

If you buy $100 worth of bitcoin each month in the next 10 years, they will be worth a lot in the future.
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum pump and dump?
by
Astonuse
on 08/10/2016, 16:12:56 UTC
Is it time to buy ETH then? But if we buying a lot affected by this issue, the price will go up as well. In the end, what he said will be true.

It is desirable to have full data and information regarding the speculation. I hope we can get some of your analysis.

The Ethereum price is affected negative by the DDOS attack, its price might stay low for some time.

Agree with you the Spam attack on the network has not help the cause of the token, looking at historical trend there might be a real drop in price soon

That is right.

https://www.reddit.com/r/ethereum/comments/56ea4q/is_something_wrong_with_the_network_right_now/?st=iu1eg7yb&sh=457808f8
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum pump and dump?
by
Astonuse
on 15/09/2016, 17:29:09 UTC
What's the word on the hack and recovery process?

There is no word about that. That could be the reason why the ETC price is still quite stable and no sing of crash.

So because there is no progress it is stable and not crashing? Shouldn't the opposite be happening?

If the hacker say he will dump the ETC, the ETC price will drop a lot. That is what I am thinking now.
Its thats the case better to convert in ethereum since the ethereum already fix the issue and now its more security than before i just heard by others and the price right now is gradually increasing..

I hope the Ethereum developers can learn the lesson of the DAO problem. Is so, Etheruem will be more secure.

That is right. If there is no more big bugs of the Etheruem, I think the Etheruem price will rise again in the future.
Post
Topic
Board Bitcoin Discussion
Re: NEver keep all your coins on an exchange
by
Astonuse
on 04/09/2016, 08:22:05 UTC
I agree with this  many exchanger cannot be trusted my friend already send coin to other exchange but there is no coin receiving in her wallet,  Angry always take care when you send your coin to other exchanges.

It is not about trusting all the time, though trust is also something should be in mind but in most cases exchanges get hacked by evil users of internet, so that is why keeping all your coins in a exchange is not safe.

That is the reason I keep most of the bitcoin in my own wallet. I just leave some in the exchanges to trade.