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Showing 10 of 10 results by Cajulasa
I mine 0.1 BTC/day.
Electric costs are about 0.12 BTC/day.
Why are you mining then?Electric costs are about 0.12 BTC/day.
Great question. That guy is way better off reading posts of people like DrG who clearly explain why mining at a loss is stupid and extremely counter productive to earning profit at all. Considering earning 0.1 BTC per day requires a lot of hardware and electricity, you should spend more time thinking about the economics of mining.
Just turn off your miners and use the mining electricity to buy actual coins.
I have turned off all my inefficient rigs and only mine with efficient rigs with marginal profit.
Re: I tested the OhGodAnETHlargementPill 55 mh/s 1080 TI ETH Mining Mod - 3rd party
So, it is a kind a manipulation of reported hashrate at user side?
I think it only changes the memory timing. So not the reported hash rate.
Re: [2017-11-16] ECB's Nowotny says central banks considering cryptocurr. regulation
There's definitely something brewing on the horizon for the EU, and as with all the past moves on financial regulation, this has started with somewhat low-key informal discussions with industry leaders. This is what happened a month ago in Brussels when some EU ministers and the ECB met behind closed doors with a coupld of blockchain firms and even a Chinese miner. Central theme to the meeting? Cryptocurrency regulation.
The blueprint's already there to be honest. Meanwhile Finma in Switzerland's almost in the final phases up its first investigation into ICOs. 2018's going to be a very revealing year for European governments and central banks.
The blueprint's already there to be honest. Meanwhile Finma in Switzerland's almost in the final phases up its first investigation into ICOs. 2018's going to be a very revealing year for European governments and central banks.
If EU can legalize bitcoin like the Japan, that is good boost for BTC.
Just bought into this ICO, confirmed they have millions of users on their platform - https://unikoingold.com/
If they accept Bitcoin Cash, I might give it a try.
Re: ETH price soaring. Are you going to move some BTC into ETH?
Looking at ETH/BDC daily chart, I do not think that moving bitcoin to etherium is a good idea.
https://charts.mql5.com/15/677/ethbtc-d1-evolve-markets-ltd.png
https://charts.mql5.com/15/677/ethbtc-d1-evolve-markets-ltd.png
It depends. There is a possibility that a new bitcoin cash will be born, it might affect bitcoin price.
first time around it was mainly amateur investors who bought , i remember the bubble myself i was trading it. it was all mtgox, there was no leverage or any advanced trading, multiple exchanges, hedge funds etc. it was almost totally out of the radar of the mainstream media
this time it is in the mainstream media. there are btc hedge funds, many different exchanges, futures, etc.
the price is not so crazy, its been a very slow buildup at each point people were thinking it would crash and it didnt. we've got kwukduck saying its a bubble, people convinced technical problems, etc etc.
that is unlike the first time when people were saying it was going to $100,000 per coin, "new elite" almost nobody thought it was a bubble, just seemed to go up and up every day with no doubt about any crash
the truth is theres some professional investors who are buying this time and arent going to sell, this is a very steady strong rally unlike 2013
yeah theres no crash this time dont think its going below $1000 again , sorry guys. if you havent bought it still time. we can go quite high this time, much much higher than last ath
this time it is in the mainstream media. there are btc hedge funds, many different exchanges, futures, etc.
the price is not so crazy, its been a very slow buildup at each point people were thinking it would crash and it didnt. we've got kwukduck saying its a bubble, people convinced technical problems, etc etc.
that is unlike the first time when people were saying it was going to $100,000 per coin, "new elite" almost nobody thought it was a bubble, just seemed to go up and up every day with no doubt about any crash
the truth is theres some professional investors who are buying this time and arent going to sell, this is a very steady strong rally unlike 2013
yeah theres no crash this time dont think its going below $1000 again , sorry guys. if you havent bought it still time. we can go quite high this time, much much higher than last ath
The new market cap is a milestone. I glad I stick with my bitcoin since 2013.
Re: ETH price soaring. Are you going to move some BTC into ETH?
Well it was hit on all fronts, dao, attacks, hacks, forks...I think if it hits $7 it would be a good time to start buying if you are not already accumulating already. The reason is that this is the long trendline from before the DAO. Yes it can go to $5-6 depending on BTC rally but to me that's a steal. It all comes down to long term potential and BTC can't be the only blockchain ruling the world, they complement each other perfectly and the market will eventually react to that.
Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).
Plus, BTC will be dumping soon, not sure what's the top but we are very close, when that happen you will see ETH shorts getting rekt and the bounce will be epic to 150k and above (it could still come down after that though).
Nope, not accumulating. That's a sucker's game at this point imho. Waiting for the big move, as I said recently, with the intention of selling the rebound.
I do not share your bearish views on Bitcoin.
I'm not shorting ETH at these prices really, too risky, the money was already made shorting it from above 0.02...now the tide will change. Bitcoin will touch $800 (even $820-850) and then dump, mark my words. ETH can still go to 600-800k during this time.
Shorting ETH at this stage would be a bad, bad idea. It already is at a six month low (in terms of BTC) and there seems to be no fundamental reason for further declines. Bitcoin is showing strength, but that should not be reason for you to go short on ETH.
It is better to buy some when the price recover from the recent lows. So we have to wait for a few more weeks.
My Flypool problem is solved now! I got the right clues on forum.z.cash.
The problem was a security feature on flypool. You have to use the IPv4 address of the first worker on the dashboard in order to make any changes.
I have three workers and my provider is using IPv6 only so that's why it didn't work. I installed a miner on a VPS using a v4 IP address and changed the worker name to aaa so that it would appear as the first one on the list. After a few minutes it appeared on the dashboard and with that IP address it was possible to change the payout amount. Everything is fine now. No doubt anymore that Flypool is legit.
The problem was a security feature on flypool. You have to use the IPv4 address of the first worker on the dashboard in order to make any changes.
I have three workers and my provider is using IPv6 only so that's why it didn't work. I installed a miner on a VPS using a v4 IP address and changed the worker name to aaa so that it would appear as the first one on the list. After a few minutes it appeared on the dashboard and with that IP address it was possible to change the payout amount. Everything is fine now. No doubt anymore that Flypool is legit.
The flypool had a big problem yesterday. They changed something on the pool, so all my working miners stopped working.
Does it work well on the AMD 7970 or the 280X? These are the very popular cards a few years ago.
Well, I've only tested it for a short time doing the mining process on an AMD 7970 but haven't quite started full time mining ZCash with it so the results may vary. But since ZCash's mining algorithm is Equihash, it is more based on the amount of RAM that you have rather than depending more on GPU power.
Just in case, you can check out more info about it here: https://z.cash/blog/why-equihash.html
Now, I would also give a shot at Genesis Mining since they will be having contracts to mine ZCash. It is also a good choice if you prefer to skip setting up the mining rig, and giving it maintenance (also paying electricity costs). But, still as of today mining could be seen more as a hobby since it is not very profitable at all.
The Genesis mining contract is too expansive. The 60H costs $2600. With 2x 390x you can get 60H yourself.
Re: [2016-09-21]KPMG Lists Blockchain Startup OnChain among Top 50 FinTech Companies
"Bitcoin and Fintech are two peas in the same pod. Financial technology encompasses everything, from apps to artificial intelligence, and also cryptocurrency. With such a large focus on blockchain technology and distributed ledgers, the worlds of Bitcoin and fintech collide at regular intervals.
It is not entirely surprising to see a Bitcoin and [Suspicious link removed]pany mentioned in KPMGs top 50 Fintech list. Although the majority of startups and businesses have little or nothing to do with these two technologies, OnChain was not overlooked either. Security is an integral part of Fintech innovation moving forward.
What OnChain does is offer a simple web API to secure Bitcoin funds storage. By using multisignature solutions, no one individual can send funds without the permission of other key owners. So far, the company claims to serve over 100,000 Bitcoin wallets, representing millions of dollars in transaction volumes. They also offer access to various hosted blockchain APIs through their Gem solution.
The fact that KPMG China acknowledges this company in the first place is another validation of Bitcoin and blockchain technology. At the same time, it goes to show the Fintech sector goes well beyond traditional finance. Leveraging new technologies to provide a better financial ecosystem is what all of these 50 companies are focusing on."
It is not entirely surprising to see a Bitcoin and [Suspicious link removed]pany mentioned in KPMGs top 50 Fintech list. Although the majority of startups and businesses have little or nothing to do with these two technologies, OnChain was not overlooked either. Security is an integral part of Fintech innovation moving forward.
What OnChain does is offer a simple web API to secure Bitcoin funds storage. By using multisignature solutions, no one individual can send funds without the permission of other key owners. So far, the company claims to serve over 100,000 Bitcoin wallets, representing millions of dollars in transaction volumes. They also offer access to various hosted blockchain APIs through their Gem solution.
The fact that KPMG China acknowledges this company in the first place is another validation of Bitcoin and blockchain technology. At the same time, it goes to show the Fintech sector goes well beyond traditional finance. Leveraging new technologies to provide a better financial ecosystem is what all of these 50 companies are focusing on."