1 block in two months?  Do you even pool?    Maybe Slush can hire you to run their servers or something

When a pool gets too low in hashrate then that is the worst gambling since the % difference per block is large.  (4/5 vs 5/5 is 20%.  99/100 vs 100/100 is 1%)

It's like a regular guy trying his luck at the high stakes table in a casino.  He can't ride the ups and downs of chance and can easily bottom out. (in miner terms, that's being short on your monthly electric bill instead of having the variance to work itself out during the month)


Last year the same thing started to happen here and Kano went out and paid big pool operators to avoid being in quicksand.  Seems it's back to that again.  Unless you are able to extend your timelines to years instead of weeks to even things out.  If you go too far then the reward halving will draw the line and then future luck ain't the same reward so you can only correct till that moment.

Zcash is eating its lunch

nah,   ethereum hype was big when there wasn't much knowledge of other contract coins.. now there are many and with new improved features already running that eth just talks about.


people need eth less and less as each project seems to have its own favorite coin..  so now dapps take roll of pushing their newest shitcoin as 'solution' to the eth problem.

like yo, we know eth gas is a drag so we 'partnered' with POA so ya better get sum of that POA if you want to keep playing this game you already sunk your eth in..  sorry to tell you now but you really really should get this new coin so we can totally dump our frontrunning purchase on your ass

should of parked lambo on last moon... doesn't look like any more coming soon... lost in space

nah, in some ways it is ok to mine at a loss just so you are your own exchanger.  But only if it isn't much of a loss.. so you use what you have and take what you can get.   If you buy new gear now to mine it is total crazy.

  The mining companies will keep making miners until total capitulation like gaming market in early 80's.   That is what the mining market look right now.  People will all have expensive heaters.  Miners bought 6 months ago are now tiny fraction of price. And the fools who are still mining all race to sell their few bits they mine.

Still no real economy with alts..  even if many dapps come on line, then all that coin has to go pay for the people and gear to keep going.  So the money flow out faster than it come in. If it was a more full economy, then money would stay in crypto and be used more and more and grow.  Right now you get a surge in, then a slow bleed out.

And everyone still mining making new coins that don't just sit and look pretty.  They get sold or at least used and then sold by whoever you gave them to.

Crypt will only shoot up if you can pay most your bills in crypto and then whoever gets them do the same and make circle.

Crypto can go higher but it might spread out to whatever becomes the next useful crypto..  bitcoin will always be around but at some point money may get into crypto around it more and bypass it.  if eth will figure out how to scale correctly, then that may close the gap and you would see bitcoin maybe 7000 and eth 3000 on next uptrend

also the miner glut is getting ridiculous...  not even worth getting a miner for free now unless you can do hocus pocus on your bottom line to still make gains

How much power are you going to get out of your solar setup?  Will it be enough to run one miner at least?

I didn't think the math made any sense for the northeast to bother with solar with costs associated to it (either leasing or buying)

Phil,  great work and vids but you can really make use of the north east cool weather by pointing the intakes to an open window with a small fan (computer case fan) between the intake and the screen of the window for each miner.  The fans will bring in cool air and really run these at low temps.  The miner fans will run 50% or lower (I keep the fans to 50% min just in case)

Soon I will flip the miners around and just blow the hot air out the windows and use your voltage underclocks if need be

Would be great to heat the pool with these

The only ICO that won't scam you is the one you create

why do you sit on hands holding a coin hoping it go up instead of producing things and getting paid in the coin and use it to gain wealth from your own work and not wait and hope supply/demand make fiat value of a coin go up?  (lucky dart throw)

You talk of 'good community' like what hell is this anyway if it only attract speculative holders and no actual users?

In other words.. if you don't use the coin yourself why would anyone else? You must ask this and understand that something like Bitcoin Cash went up because Bitmain forced people to use it to buy miners.. like petrodollar.  Perhaps same to say with Eth and Krypto Kitties

You need an ecosystem that is real to make value go up so if you want ANY coin to rise you should work on making a product and then you can pick whatever shitcoin you want and you be the king maker and that coin will rise

How can everyone lose and no one win?

It is a zero sum game

HODL for LAMBO

Let's see...  ICOs say give me money via ETH so hopeful people buy ETH and it goes up and then hand it over for ICOs..  then the ICO man, he wants his cash money so he sells ETH and it go down...

what don't you understand?  That the ICO train didn't go to 100 gagillion yet?  The SEC watchdogs called their posse to attack and it drained the fun and now look at how they run

WHAT is a TEAM??!!!!    

people don't know crap about taxes.. everything doesn't stop April 17th.   Extensions happen for those that pay so it will drag out for months.

Soros might pump it soon like he did the gold/silver miners a few years ago..  just be ready to jump and sell once the next pump peaks

If more mainstreamers knew how and were able to short then you would get a nice bull run short squeeze...   as such you don't have enough suckers on that side like you do on the long side so you only get short spikes followed by long stair falling price action

All wealth evaporating as credit dries up...  all assets sink around the world

So you care about lives so much but no one protest the oil wars of mass killing.. you just want to take away the rights of citizen to have protection.. how about disarm governments first and then you shall see the peace you dream of