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Showing 20 of 22 results by Crypto Rock
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Board Mining (Altcoins)
Space available for 60 GPU rigs in our Data Center in Europe
by
Crypto Rock
on 20/07/2018, 21:41:10 UTC
We are a US based company specialized in cryptocurrency mining on a global scale. We have unique opportunity to secure a space for an active miner/investor in our Data Center in Europe.

We have a space available for 60 GPU mining rigs in a dedicated area in our Data Center (space, power, cooling, 24x7 physical security available) and are offering this on a first come, first served basis.

Our standard offering is for 12 or 18 month ETH mining, rigs leased with full managed service, all included.

We are also open to the possibility to accept a client who has 60 GPU rigs and is interested to ship them to our Data Center and manage them remotely (VPN access) or let us manage his/her mining rigs for a fee, including the pool management.

If interested, please contact us directly at sales@cryptorock.io

Thanks. 

Crypto Rock
Post
Topic
Board Mining (Altcoins)
Re: Bitmain APW7 PSU 1800W @ 240v
by
Crypto Rock
on 25/06/2018, 20:20:34 UTC
They ship only this PSU in their new bundles (Antminer + PSU).
Post
Topic
Board Pools
Re: BTC.com Pool / FPPS Mode / Open-Source
by
Crypto Rock
on 21/06/2018, 01:21:53 UTC
I mined on btc.com EU pool yesterday with 50xS9, at one point around 1:20 AM CET all miners stop sending shares. They where online but no shares submitted, switch to US pool everything ok. This happends from time to time what kind of issue is this? should i change some config on my side?

Anybody else having the same issue? I have a similar setup, and mine on btc.com US pool both from US and Europe. My S9 rigs based in the US are doing fine, but rigs based in EU have exactly the same issue, and always during night in Europe.
Post
Topic
Board Bitcoin Discussion
Re: Is this the end of crypto?
by
Crypto Rock
on 02/02/2018, 03:11:17 UTC
For all the people saying don't sell and to those who have lost money, ask yourself, are you really a smart investor? Most people who buy stocks and what not will usually have a stop loss limit or a price alert if the value of their investment goes below a certain number. You buy bitcoin but you don't know when to quickly cut your losses in case of a dip in the market?. Any smart investor could have sold their coin in the last three days before it dipped this bad today. If they sold it, they can buy it at a lower price today for example when it's only worth $8k.

I don't know if bitcoin will dip further, my guess is that it will. Panic is in the market right now and when people panic, they sell. It might go up again too but play it smart guys. Just my 2cents.

Nicely put. Every investor should follow these rules.

Crypto is here to stay, but expect pricing to change in both directions.

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Topic
Board Hardware
Re: Avalon 8 official specs released
by
Crypto Rock
on 02/02/2018, 03:05:36 UTC
True that my brothers, maybe I got spoiled a bit......I forgot the S7 days lol, but the landscape drastically changed, I fear we might be in an ASIC arms race 2.0. thats the onlything I worry about

Hi Thetaj,

What would be wrong with ASIC 2.0 race?

More innovation is always welcome.  We have an effective monopoly today, and that's never good for business.
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Topic
Board Speculation (Altcoins)
Re: Can ETH reach BTC value ?
by
Crypto Rock
on 02/02/2018, 02:54:44 UTC
In the crypto currency market everything is possible, I will not be surprised by any development of events. The bitcoin can easily drop to 6,000 dollars, and the ethereum can grow to x10. Maybe everything is absolutely.  Grin

Everything is possible indeed. The long term pricing will be heavily influenced by:

- Positioning of the cryptocurrency
- Use of cryptocyrrency by community
- Quality of the team and team's ability to execute.

Post
Topic
Board Speculation (Altcoins)
Re: Can ETH reach BTC value ?
by
Crypto Rock
on 15/01/2018, 06:57:35 UTC
ETH platform has a broader potential (ICO, apps, etc ...) and according to the data from the last week, 70% of all crypto transactions are happening on the ETH network today.

ETH/BTC price ratio long term will be linked to these 3 factors:

1) Total number of ETH coins in the circulation when the mining stops
2) Overall use of the ETH network for new applications and services
3) Number of transactions on BTC network

Post
Topic
Board Bitcoin Discussion
Re: Why are so many devoted to Bitcoin vs other cryptos?
by
Crypto Rock
on 15/01/2018, 06:48:20 UTC
It was the first crypto and continues to the the leading one (market cap, price, progress toward the final state). This will continue for a while, but in the future this can go in any direction. 
Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin replace gold?
by
Crypto Rock
on 15/01/2018, 06:44:34 UTC
Gold is an untaxed commodity in the us. It is an insurance policy for bad times.i Gold is undervalued and so far this year is doing well. Gold is a universal legal tender. Gold does tend to go down when the fed raises rates as people move into bonds that pay yields but I think people are concerned with the overheated market and hedging with gold. I don't think u guys appreciate the 4,000 years gold has been accepted as currency and value. Please stop this nonsense. Btc is btc it's a good thing but incomparable to gold or stocks. Next someone will say btc will replace the Nasdaq or S and P. People don't loose confidence in gold, it has never been worth 0 in its thousands of year history and never will, please, I beg you, stop these nonsense posts you are being redicoulous plus there is 200 posts here saying this same thing

50% of gold that we have extracted on this planet has been used for jewelry. The last time gold was used as insurance policy in bad times was in WWII, and it did not work well (both for individuals and the governments), it''s heavy and hard to move around. Leading currencies are not pegged to gold for over a century. And above all, how many people that are under 30 today are buying and investing in gold?

Any digital commodity with limited supply has chance to become a reserve currency and replace gold in that function. Gold will still rule the jewelry market in our lifetime :-) 
 
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Topic
Board Bitcoin Discussion
Re: how long have you been holding for?
by
Crypto Rock
on 15/01/2018, 06:32:13 UTC
That depends on the person how long they plan to hold their investments. Some are short-term; others are in the long-term. But for me, long-term is more beneficial so that's what I'm doing.

Indeed. If you are looking into crypto as investment only, follow your's stock investment strategy. If the crypto means more to you (technology, productivity, community, social environment, financial model, world's political order, privacy, security, individual liberty), then invest, hodl and donate....
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Hackable?
by
Crypto Rock
on 15/01/2018, 06:12:01 UTC
Everything in digital form is hackable, it all depends how difficult it is and if the person/organization who is doing the hack has the skills and the means to make the hack happen.

The weakest part of the system is the area hackers will target, understand what this is in your case, and prepare your defenses.

Post
Topic
Board Mining (Altcoins)
Re: Looking at starting up a mining rig
by
Crypto Rock
on 31/12/2017, 17:14:44 UTC
Google it. lot of good sites out there to help you out, like this one: www.coinminingrigs.com/

Good luck.
Post
Topic
Board Altcoin Discussion
Re: which altcoin has the same algorithm with bitcoin
by
Crypto Rock
on 31/12/2017, 17:04:10 UTC
Bitcoin's Proof-of-Work (PoW) algorithm is SHA256 which used to verify transactions much faster. However, that is not the case that we are experiencing right now. Anyways, below are the list of coins uses the same algorithm like BTC:

21Coin
Acoin
AnarchistsPrime
Argentum (ARG)
BattleCoin (BCX)
Benjamins (BEN)
Betacoin (BET)
Bitcoin Cash (BCH) or (BCC)
BitToken (BXT)
Californium (CF)
Chococoin (CCC)
CrownCoin (CRW)
CrocodileCash (CROC)
CureCoin (CURE)
Deutsche eMark (DEM)
Devcoin (DEV)
DigitalCoinSHA (DGC)
Digibytes (DGB)
Emercoin (EMC)
Fireflycoin (FFC)
IXCoin (IXC)
JouleCoin (XJO)
MazaCoin (MZC)
Mobiuscoin (MOBI)
Myriad (XMY)
NuBits (USNBT)
NukeCoinz (NUKE)
Namecoin (NMC)
OpenSourceCoin (OSC)
Paralell (DUO)
Paycoin (XPY)
Peercoin (PPC)
PetroDollar (XPD)
Preminecoin (PMC)
Savecoin (SPC)
Steem Dollars (SBD)
Swingcoin (SWING)
TakeiCoin (TAK)
Tekcoin (TEK)
Terracoin (TRC)
The VIG (VIG)
TheresaMayCoin
Tigercoin (TGC)
TitCoin (TIT)
Unbreakable (UNB)
Universal Currency (UNC)
Unicoin (UNIC)
Uro (URO)
Unobtanium (UNO)
ZayedCoin (ZYD)
Zetacoin (ZET)

Great list, thank you. What's the source of this information, can you please share?
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Topic
Board Mining speculation
Re: Bitmain Doubles Price for S9
by
Crypto Rock
on 31/12/2017, 16:34:00 UTC
Latest batch of L3+ dropped back to pre-gouging price.  Perhaps next batch of S9 will do the same.

The price of BTC and other crypto currencies have changed in the mean time.

We will likely see the pricing in the USD changing for every Bitmain batch moving forward, while the S9 unit price will stay at 0.99 BCH.
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Topic
Board Mining speculation
Re: Network Hashrate Growing at .05% per day!!! 5k s9's
by
Crypto Rock
on 31/12/2017, 16:17:14 UTC
I'm new here so take it for what it's worth, but my December batch S9 was as clean as a whistle and looked brand new. My January batch will be here tomorrow (go figure) so I'll report on that one. But I would offer up that the theory of Bitmain selling used units is pure conjecture. Just my observation and opinion Smiley



Unless somebody comes up with a proof that Bitmain is indeed selling used units, I would assume otherwise. Common sense and industrial practice would point otherwise. Complexity of moving used units back to factory, packing them, updating shipping inventory, SKU's, employees doing this versus something else. etc .... would cost more versus the potential profit.
Post
Topic
Board Mining speculation
Re: Network Hashrate Growing at .05% per day!!! 5k s9's
by
Crypto Rock
on 28/12/2017, 10:19:22 UTC
so basically bitmain, avalon etc are all big scam business? taking money from "retail" miners while the only ones who can make profit are the few who cobtrol the few asci miners?

only way to have a chance to earn on mining is by gpu as this is not controlled market?

Scam is a pretty strong word for it.  I don't think anywhere in my post did I say or imply they are doing anything illegal.

Selling money machines to wide eyed newbs in full FOMO mode at the highest price they can, I don't believe that's illegal anywhere.  It can be looked at from a business POV as taking advantage of extremely favorable market conditions.  Selling retail will allow them to put a multiple of machines online for themselves FREE and months ahead of retail miners.  Again not sure where that is illegal.  NO ONE is forced to buy their product.

It is literally economics 101, in a free market supply and demand will set the price.  In this market we have the manufactures don't need insiders trading info, the have a demand supply ratio skew in their favor as high as 10 to 1.  This is what professional sales people DREAM about.  Life as a sales exec is easy, profits soar and you look like a genius as a sales exec when your demand exceeds supply by magnitudes..

No they're not scams they're smart legitimate business' taking advantage of extremely favorable market conditions.  Any business would do the same.


In principle, I agree with your comments, it's basic economics. It's a seller market.

Making their products available only in one (crypto) currency is however a move that has irritated most  of their online buyers, and may bite them back in the future, when more options become available.

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Topic
Board Hardware
Re: Avalon 8 official specs released
by
Crypto Rock
on 28/12/2017, 10:03:06 UTC
I was just thinking of another option which would be a dirty move.
If Bitmain really wanted to mess with Canaan they could under cut them and instead of releasing 1000-2000 units as a batch they could drip feed releases of around 100 S9 daily while they wait for more chips and then repeat the process over and over again so everyone is constantly waiting and trying to score a cheap s9's instead of 821's. ha ha

This does not make sense for Bitmain from the operations point of view. Too much hassle, little gain.
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Topic
Board Hardware
Re: Avalon 8 official specs released
by
Crypto Rock
on 20/12/2017, 00:03:33 UTC

Fair. The price increase on the S9 definitely impacts calculations:

  • S9 14000 GH/s @ 1372 Watts @ $2725 => .098 Watts/GH and $.195 price/GH
  • 821 11000 GH/s @ 1200 Watts @ $2150 => .109 Watts/GH and $.195 price/GH

Basically, at $2150 for the Avalon 821, you're paying approx the same cost per GH, and it's only slightly less energy efficient. Anything less than that would be a win over the latest batch of S9s.

Mikez_nj, where did you find the Avalon 821 price to be $2,150? On their web page, they are only selling in bulk for 60 units, but without price disclosure.

https://canaan.io/shop/
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Board Mining speculation
Re: Bitmain Doubles Price for S9
by
Crypto Rock
on 19/12/2017, 23:35:45 UTC
Bitmain owns BitcoinCash and it is 30% up today when they released their new batch


It is very likely related that they released a batch at ATH for Bcash, and btc on a dip.

Doubling the price is just another slap in the face.

We will see within a week how BTC and BTH price will flow and how much real influence Bitmain has.

Overall, a price increase by +110% will inspire a lot of existing customers to change to the alternative mining equipment supplier once one becomes available.
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Topic
Board Mining support
Re: How to start mining bitcoin on my own computer
by
Crypto Rock
on 13/12/2017, 23:58:23 UTC
You can not mine bitcoin on your computer. To mine bitcoin, you will need special ASIC mining equipment that you can order online from China https://shop.bitmain.com/main.htm?lang=en.

Please read posts on this forum first before deciding what and how to mine crypto currencies.