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Showing 20 of 49 results by HodlerBaggins
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Topic
Board Mining (Altcoins)
Re: Does the brand of memory on gpu matter?
by
HodlerBaggins
on 31/01/2018, 22:46:52 UTC
Samsung is the best

Micron is the worst.

It definitely matters, but not a ton.  1 or 2 Mh/s if you bios mod them correctly for ETH.

Samsung cards are way better for Cryptonite, at least in my experience.

Post
Topic
Board Altcoin Discussion
Re: Do you still support Ethereum?
by
HodlerBaggins
on 31/01/2018, 22:36:39 UTC
Ethereum is super overrated.  

Ethereum is a platform that other applications and services can use, primarily through smart contracts.  Ethereum has been very aggressive with it's development and has not done a great job of creating a secure environment (see MultiSig contract bug).  Eth also doesn't really scale well (see Cryptokitties).   Ethereum is also too centralized and have set a precedent that it is not immutable (see DAO hack), which is a fairly large problem for a trustless cryptocurrency system.  Ethereum is also probably not centralized enough in that real business enterprises (not startups but established companies) are not going to want to build on top of it.

The larger problem with these smart contracts is that they are very difficult to secure, and many people attempting to write them write it in a way that gets exploited.  Devs have too much freedom in smart contracts, and can too easily hang themselves with imperfect code.
  
So what is ether, really? If Ethereum is a platform for other applications to ride on top of using smart contracts, than Ether is just a way to fund smart contracts that don't really work all that well.

Bitcoin >>>> Ethereum
Post
Topic
Board Altcoin Discussion
Re: Why peoples launching more coins everyday ?
by
HodlerBaggins
on 31/01/2018, 22:23:19 UTC
Because there are millions of idiot suckers who buy and mine pre-mined scam coins and just dump money to these shitcoin-producting scammer devs.

There is a sucker born every minute, and a lot of devs are taking advantage of it because those suckers don't know a fair launch when they see one.

The devs premine a bunch and then dump it once it gets on an exchange.

The ANN thread is just full of complete shit.

Post
Topic
Board Speculation (Altcoins)
Re: When do you predict coins will be stable again?
by
HodlerBaggins
on 31/01/2018, 22:20:59 UTC
When have altcoins ever been stable?
Post
Topic
Board Mining (Altcoins)
Re: What are you mining right now ....and why?
by
HodlerBaggins
on 30/01/2018, 06:18:07 UTC
Check it out, was is the best Coin for your Hardware

http://whattomine.com/

If a coin is listed on that site, it's too late to mine that. You need to move on and find new ones.

Lol ... Are you still waiting for that Lambo?  Keep waiting.  It's not coming.  Not for you brother. Haha.

Actually he's right...  You shouldn't be laughing at him as if you actually know what you're talkign about.

If you want to hit it big you have to find coins to mine before the masses drive up the difficulty.  Most people look at what to mine, so once the coin is listed there difficulty goes way up.  

It's hard to find new ones that are actually worth mining because most of the are crap and the ones that aren't have a lot of people on them early (like ETN), but finding new coins and mining early is a very viable strategy.
Post
Topic
Board Mining (Altcoins)
Re: Mining Increases Vulnerability of PC?
by
HodlerBaggins
on 30/01/2018, 06:05:44 UTC
I wouldn't be concerned with that.  Mining software is flagged by AV, because malicious websites use code that allows them to mine with your computer while you are on their site, without you knowing it.

Errrm, that is not why it's flagged.

It flagged because hackers put mining software inside their viruses so they can command and control your machine to mine for them.  What websites run has nothing to do with malware signatures.

If you're using mining software that isn't established and proven to be legit by the masses, you're a fucking idiot.  And if you're downloading legit mining software from sources other than the proven and established ones, you're a fucking idiot.  

Legit mining software is flagged by AV ... Hmmm, I wonder why.  Lol.

Get it from a legit source, and you're fine.  And don't download wallets for shitcoins that you've done zero research on.  Jesus Christ people.

Maybe the person confidently answering the questions of others that mining software is flagged because web sites use javascript to mine shouldn't be going around calling others "fucking idiot"?  You apparently do wonder why it is flagged because you thought it was because of web sites mining.

It's really frustrating seeing so many "answers" on this forum being bad information.
Post
Topic
Board Mining (Altcoins)
Re: Has anyone else experienced ZenCash increase difficulty?
by
HodlerBaggins
on 30/01/2018, 06:02:31 UTC
No... Difficulty is up.

You can simply look this information up.  Every block explorer will have difficulty and hash rate.
Post
Topic
Board Mining (Altcoins)
Re: 1080Ti Specific - Best mining option
by
HodlerBaggins
on 30/01/2018, 05:59:52 UTC
What are you mining rigth now?

will give you few tips:

BZL Coin (BZL)
Cerberus (CBS)
Tune Coin (TUN)
MUN COIN (MUN)
Crowd Coin (CRC)
Goa Coin (GOA)
also you can try Solaris (XLR) after all mess with wallets and forks lot of people quit mining it so low diff now for you

HAPPY MINING Smiley

Yes, you can sell straight up turds for a profit in this market Smiley

Just make sure you are dumping before the premine dumps on most of those.
Post
Topic
Board Mining (Altcoins)
Re: Nicehash BTC payouts declining past couple days?
by
HodlerBaggins
on 29/01/2018, 23:28:15 UTC
You guys are going to be really upset to learn about something in the mining world that we call ..... Difficulty
NiceHash and difficulty at all not in any way associated with each other, since the first is not a pool, why pay them more if they are ready to work for any money?  Cheesy

 Roll Eyes

Yes they are.  If difficulty goes up, renting NiceHash is less valuable to the buyer so the price to rent hash power goes down.

Simple economics.

Post
Topic
Board Mining (Altcoins)
Re: Nicehash BTC payouts declining past couple days?
by
HodlerBaggins
on 29/01/2018, 23:26:58 UTC
Alt coins going down, btc up

No they aren't... and BTC is not going up either.

Difficulty is going up though.
Post
Topic
Board Mining (Altcoins)
Re: Thinking about building a 20+ gpu zcash rig with gtx 1050s
by
HodlerBaggins
on 29/01/2018, 23:24:28 UTC
This is not a good idea.  If difficulty keeps going up you will never ROI.

Probably better to just buy and HODL.  That's been the best way to do things in crypto so far, in hindsight.

I would have 2x the coins if I bought coins instead of mining gear.
Post
Topic
Board Mining (Altcoins)
Re: 1080Ti Specific - Best mining option
by
HodlerBaggins
on 29/01/2018, 23:22:41 UTC
Now onto important business. Who has heard about Eth going POS and it causing mining to go to sh!t in 6 months time?

Old news. That rumor has been going on since like 2016.

not a rumor, ETH is going PoS instead of PoW, its a fact. We wont see it in 6 months though.

exactly, POS is definitely in it's roadmap..the devs just keep pushing it back for some reason.

They keep pushing it back because they don't have it solved, and from the look of it are far from having it solved.  Not that that ETH team wouldn't release something before it's ready...   Wink
Post
Topic
Board Mining (Altcoins)
Re: 1080Ti Specific - Best mining option
by
HodlerBaggins
on 29/01/2018, 23:20:24 UTC
a slow transition is planned for eth. The first implementation will come with the casper release this year, but proof of work will stay there and slowly phase out to keep the network secure.

I doubt that it will even happen this year, if ever.  

Even if it does, it will create a PoW ETH hard fork as many don't believe PoS is sufficient.  It's open source software, so the Difficulty Bomb can just be removed or delayed forever.  It's not much of a Difficulty "Bomb" since they already delayed it once (twice?).
Post
Topic
Board Mining (Altcoins)
Re: 1080Ti Specific - Best mining option
by
HodlerBaggins
on 29/01/2018, 23:18:10 UTC
Nvidia card algo difficulty seems to be on the rise - I noticed that all of the normal coins I mine are producing quite a bit fewer rewards.  I added another 1080 ti to my rig and I'm still getting less than I got a few weeks ago.

It must be that the mining craze and insane demand for 1070/1070ti/1080ti cards is having a real impact on mining difficulty.

Post
Topic
Board Announcements (Altcoins)
Re: The next Black Swan
by
HodlerBaggins
on 26/01/2018, 03:50:47 UTC
Semux has anonymous devs...
Post
Topic
Board Mining (Altcoins)
Re: Asus RX 570 ROG-STRIX 4G GAMING capability?
by
HodlerBaggins
on 24/01/2018, 06:00:50 UTC
I have exact the same... OC vers

ETH dual - 28,8 mh/s - 1000 W
Cryptonight - 890 h/s - 6 gpu 700 W

I have 12 cards and they are working as a charm  Smiley

I'm getting 28+ if I go up to 150+ watts I guess too.  The cards hash fine, they just don't have a good Mhs/Watt for Dagger compared to my other cards.

They use too much power and don't come with additional hash power to compensate.  Better for Cryptonight than Dagger for sure.

I also have a RoG Strix 1080 ti and it overclocks for shit compared to some other high end brands.  I guess they probably bin the Posieden for their best silicon.
Post
Topic
Board Announcements (Altcoins)
Re: Piece Of Shit coin - POScoin - greatest revolution in blockchain
by
HodlerBaggins
on 21/01/2018, 04:59:47 UTC
This looks better than all of the 15-20% premine masternode coin scams I've looked at today.

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BashCoin[BASH] |Skein | MasterNodes | Airdorp | No ICO | No Auction
by
HodlerBaggins
on 21/01/2018, 04:58:16 UTC
15% premine?  Not a chance

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Topic
Board Announcements (Altcoins)
Re: [ANN] Pusher Coin | POW | POS | Masternodes [Update]
by
HodlerBaggins
on 21/01/2018, 04:50:41 UTC
If there is no premine or ICO, how you can sell a Masternode?

"There is no premine guys but we can totally sell you a MN"

Sounds pretty scammy.  Use your marketing skills to explain to us how this isn't a scam.

Post
Topic
Board Altcoin Discussion
Re: Arcblock will be No.3 on Coinmarketcap?
by
HodlerBaggins
on 20/01/2018, 04:41:55 UTC
No.