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Showing 20 of 27 results by Natuhant
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Board Mining (Altcoins)
Re: AMD RX 670 | RX 680 12nm Speculations
by
Natuhant
on 25/10/2018, 18:44:53 UTC
OCTOMINER here. We work tightly together with a big AMD factory in China and we have received info that the RX 680 will only perform around 10-15% better than the RX580. Maximum 20% but currently it looks more like 10-15% increase in hashrate and efficiency. Also, around 10% retail price drop incoming for the RX 580 at the end of this month. We will post more here when I get more info and a sample in hand.  Wink

We will try to be one of the first to also offer OEM RX 680 GPUs bulk to our bigger customers with already modded BIOS loaded onto them.
Currently we buy RX 580's BULK directly from the factory with already modded BIOSes, the GPUs perform better than Sapphire Nitro RX580 out of the box. Our OEM RX 580 8G GPUs get 30.5MH/S at 128-130W power draw, we noticed our RX 580's are around 5-10W more efficient than BIOS modded MSI ARMOR RX580 8G. (this is real life power draw, the AMD GPU power measurements from software are not accurate).   Grin


30.5Mh / s at 130w? This is to slow and consume to much. Every of my RX570 does 31 - 32 MH @ 0.85 voltage. This consumes less then 130w. I will measure one rig in the next days.

I think yours are moded individually. Theirs are mass produced, so not tuned to the best.
Post
Topic
Board Mining (Altcoins)
Re: Deception & Misdirection by ZEC co. Forking ASIC Resistance Bitmain Antminer Z9
by
Natuhant
on 23/05/2018, 17:42:03 UTC
Do at least some basic research. It is MUCH easier to reprogram a FPGA than forking a coin to counter them.

ASICs are also much more flexible than you imagine, Bitmain can make new ones for any forked algo before they fork it at a marginal cost to themselves.

The ride was nice while it lasted, but GPUs are just too inefficient to compete on current algos with tailored boards. There will probably be a lot of coins that will develop better ASIC resistance in time but the coins with a lot of traction and developing power will embrace more efficient ways of securing their networks.

They are in it for the money, like us and everyone else. Whoever says anything else is your enemy.

GPU's are becoming more efficient.  However, you're focus is too shallow and doesn't go deep enough.  You say, "Bitmain can make new ones for any forked algo before they fork it at a marginal cost to themselves."  That was at least THIS go around.  Cause so-called "ASIC Resistant coins" dropped the ball on maintaining ASIC Resistance.  It will be different the next time after the FORK(s).

REMINDER:  R&D on a new ASIC for BITMAIN is approximately 6 months.

The good thing accomplished out of all this is finding out which coin(s) had truly supported community (GPU Miners) and which did not.

Can Bitmain make ASIC similar to the AMD GPU, but with more instruction set for mining?
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Topic
Board Press
Re: [2017-11-18] Astrologist Predicts What Will Happen to Bitcoin Price in 2018–2020
by
Natuhant
on 19/11/2017, 11:24:39 UTC

And finally, the year 2019 will become the one when the system will take stability – it can reach the required rate. And despite the state intention to restrict bitcoin, the bitcoin community will find out the new cryptocurrency format.
Source: https://www.coinspeaker.com/2017/11/17/astrologist-predicts-will-happen-bitcoin-price-2018-2020/

I do not think the 2019 will be year the price will be stable. It is still in the expenotial rise stage.
Post
Topic
Board Mining (Altcoins)
Re: 19 GPU ASUS Motherboard
by
Natuhant
on 28/10/2017, 09:37:11 UTC
Received mine today.  Having problems with slow hash speed on whichever card is connected to the pcie 16x slot.

Running Rx570 and 580, only two cards so far on this rig.  Getting 24Mh/s on the pcie 1x slots, same card same riser plugged into the pcie16x hash rate drops down to below 12Mh/s.  Tried the card in different slots, same results fast in pcie1x, and slow when connected to pcie16x

Tried on both Pimp and ethOS, replaced risers, swapped power cables, same result.

 Try plugging the card directly into the 16x without a riser, since you're not using anywhere near all of the slots anyway?

 I haven't tried booting the board with no card in the 16x, that might also be an option to just ignore that slot.



I'll try that thanks

I ignored Pcie 16x too, only worked with pcie 1x with 13 cards, and all works perfect.

How many PSU do you use?
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Natuhant
on 08/10/2017, 12:19:34 UTC
Difficulty and price changes, profitability fluctuates within many PoW altcoins.
Multi algo mining could bring you some solutions.

For most of the altcoins, they adjust the difficulty every block, muilti pool mining is not as profitable.
Post
Topic
Board Speculation
Re: The last squeeze...
by
Natuhant
on 25/07/2017, 14:19:57 UTC
I'm not surprised, it's normal, where there's speculation there's always winners and losers so always pay attention what the risks are and what you could potentially lose.

The recent dump could be due to the factor that BCC is gaining some momentum, so some people are panic.
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Topic
Board Speculation
Re: hmm, was it bit-finex or bit-stamp with the weird price!
by
Natuhant
on 06/05/2017, 17:24:37 UTC
Bitfinex: $1578
GDAX: $1575
Gemeni: $1573
itbit: $1571
Bitsquare: $1588

Bitstamp: $1519

makes you wonder what the hell have people been doing in that exchange all this time, it keeps dragging its ass on the ground like a dog with worms Grin

Well, what about this?

Bitfinex: $1,579 per coin
Bitstamp: $1,539 per coin
Coinbase: $1,578 per coin
BTC-e: 1,463 per coin

Why the BTC-e prices are $100+ less than the Coinbase rates? What prevents someone from buying coins from BTC-e, and then selling them in Coinbase?

It is difficult to get fiat in to BTC-e.
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Topic
Board Speculation
Re: Probability of Hard Fork Update
by
Natuhant
on 24/03/2017, 11:35:05 UTC
Don't keep any coins on an exchange just now no one needs to wait on a consensus.If BU think it has the miners and exchanges behind it a hard fork could happen anytime
Yeah hardfork is the base which has made bitcoin reach such a high position. So even now when bitcoin unlimited has got majority support it was unable to take control, but at the same just because of hardfork price is trying to gain stabilty. So I believe hardfork will be successful.

That is right. Hard fork can happen if it is implemented properly. Ethereum had many hard forks in the past and the price is rising.
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Topic
Board Economics
Re: Big Crash coming
by
Natuhant
on 28/02/2017, 18:11:48 UTC
Should be a serious economic crises on the way, perhaps within 6 months to a year. Regardless of who became President in the USA, Trump or Hillary, the coming crash was pretty much locked in. P/E ratio hasn't been so skewed since .com crash or just before great depression times.
i think there nothing such to happen in near future they have a very strong and stable economic condition as compare to other countries therefore i do not think that any such think can be possible in near future.

I think the PE ratio is too high. If there is an interest rise, it will crash the market.
Post
Topic
Board Economics
Re: Big Crash coming
by
Natuhant
on 22/12/2016, 17:44:33 UTC
I shall weigh in my 1 satoshi worth of opinion here:  it isn't just bitcoin that's survived 2016 intact and strong... look at the British pound and US dollar, each not just surviving their respective "catastrophes" of Brexit and Trump victory but pulling impressive numbers.

Globally, the slump from the oil euphoria of 3 years ago still hasn't quite taken hold.

Instead, economies in Asia took a battering, taking quite a lot of people by surprise.

So in 2017? I think is a year of consolidation.

For the bitcoin, next year will see a big rise.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Natuhant
on 02/11/2016, 18:13:24 UTC
is there a tool to reduce electricity consumption so that power consumption was not too extravagant at the time of mine ethereum?
I think that what you are looking for is called 'undervolting'

That is right. But you have to be very careful. Do not undervolt too much. Otherwise the card will not work.
Post
Topic
Board Economics
Re: Big Crash coming
by
Natuhant
on 24/10/2016, 07:08:00 UTC
I dont think that it will come i think that now everting ill go up after big down always go up i mean after big crisis everthing go fixed later

If the bitcoin price does not rise so fast like it did in November 2013, it is possible that there will be no crash.
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Topic
Board Speculation
Re: If bitcoin rose to $1M, what you do?
by
Natuhant
on 03/10/2016, 17:18:59 UTC
i will sell my bitcoin and withdraw it into my bank account and i can be a new rich man in my city  Grin  after that, i will buy some product to fill in my house and i want to buy new house  Grin but its need take times for more than 3 years before its happen, and i really hope  Grin
Difinitely bitcoin users who had already 1 bitcoin in there wallet will be a goddamn millionaire that day if thats happens but if not then cry baby we all want fast money and we dont want us to do such things that we could lose our money

a very good reason. Indeed basically everyone doesn't want to release or lose money by just doing something that has no meaning or benefit to them. better focus on our goals, because if we move or not focus then the goals will not be achieved or may be lost when we already want to

Setting  goals for future is  a good thing since we could  ready up ourselves  on our  future  plans  regarding  on our lifestyle. Everyone must save up  more bitcoin, as  op claimed if bitcoin would rose to 1m each then   as you said those who  holds 1 btc would be millionaire but it would happen only in dreams for sure. Cheesy

Exactly,  its  hard to believe that bitcoin would be holding that higher price ever in future, but if it becomes reality then it will make bitcoin users go crazy and will prefer to sell whatever amount they are holding.

The price of the bitcoin depends on its usefulness. When more people are using it, the price will be much higher.
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Topic
Board Speculation
Re: If bitcoin rose to $1M, what you do?
by
Natuhant
on 23/09/2016, 17:33:45 UTC
If bitcoin reach such ammount i would sell all my portfolio and i do believe i would retire from work and rest the last days of my life with those money, traveling as possible.

I will  use a small proportion of the bitcoin I save and will enjoy a good life. I will still keep most of the coins.
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Topic
Board Speculation (Altcoins)
Re: Who will be the next victim for Vitalik to dump his Ethereum IPO scamtokens on?
by
Natuhant
on 12/09/2016, 17:20:16 UTC
The POW hashing for the Ethereum ETH is at record level at the moment, it shows the miners confidence in the ETH.

The ETC hashing hate has reduced slightly.

some folks switch to the most profitable coin of the hour/day/whatever. some pools will take care of that for you, other miners just check and switch.

me, im a set and forget kind of miner, so im still on eth. mainly cuz im too lazy.

At the moment, the Monero mining is the most profitable. It is about 30-50% more profitable to mine than ETH.

The difficulty of Monero mining has risen. It is just about 20% more profitable now. It will reduce further.

I think the price of the Monero will be kept at the current level or higher. So the mining hash will increase further.

The Monero is the most profitable coin to mine at the moment. So the hash rate will increase in the near future.

The price of the Monero has dropped recently, so some miners are moving to other coins as the difficulty has dropped.
Post
Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Natuhant
on 30/08/2016, 06:56:45 UTC
I actually mine with 7950 AMD gpu and I really do not care about the price/hash coz I will only sell when I get enough profit. Price of ETH goes up and down. I do not stop mining and sell my coin at a good price and make some profit. hat is it

Is your electricity over $0.25/kWh? If so, you might make some loss if you do not undercock.
I undervolt all my 7950.

It is $0.125/kwh in my area. BTW how much hashes do you get after underclocking ?

I have a AMD reference 7950, I under volt it to 0.881 V, the frequency is 795/1000MHz. The hash rate is about 13MH/s. I do not know the wattage.

Set it to 0.950V and 950/1500 and dual mine SIA, you will get combined hashrate of 20MH/s and your efficiency will be the same.

Do you have the 7970? I have a few 7970 or 280x. I would llike to increase the efficiency as well. Shall I dual mine?
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Topic
Board Mining (Altcoins)
Re: Ethereum mining still profitable?
by
Natuhant
on 14/08/2016, 09:15:35 UTC
No no
ETH not profitable anymore to mine
Except you got free rigs and electricity

true statement, if you pay over 40 cent per kwh of energy. most of us pay 15 cent or less, so ETH mining ist still profitable atm

If you use some kind of undervolting and reduce the frequency of the core or memory, it is still profitable.

Miners tend to overvolt and overclock. That will make their ROI faster if their electricity price is low.,

Real stupid miners, you mean. UNDERVOLT and overclock.

It depends on the graphics cards. I usually undervolt and underclock to get better efficiency as I have high electricity price.

Because you have sense. Overvolting is almost always done for "vanity" hashrate records, people who don't care, or people who simply have more money than sense.

I also undervolt my 7970. The difficulty is still rising. I might have to undervolt and increase the efficiency again.
Post
Topic
Board Speculation
Re: $2k in january
by
Natuhant
on 30/07/2016, 08:31:06 UTC
I think it is possible for the bitcoin price to be $900 to 1000 in January 2017. $2000 could be possible in 2018.
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Topic
Board Speculation
Re: If bitcoin rose to $1M, what you do?
by
Natuhant
on 18/07/2016, 11:29:56 UTC
I will use one bitcoin to buy a good house, and spend the other 5 bitcoin to live a good life, and travel a lot.
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Topic
Board Speculation
Re: $2k in january
by
Natuhant
on 04/07/2016, 10:06:12 UTC
It is difficulty to say. The bitcoin price is still very volatile. It is $540 at the moment. But I still think it will be $1000 in 12 months.
$1000 based on what? wishful thinking. Price won't just climb to $1k because we all want that. There must be a reason, at least some fundamentals to support. Bitcoin is in a quite different place, compared to where it was in the end of 2013. We already had the experience of climbing to $1200 based on pure speculation and we all know how it ended. History doesn't need to repeat, what's more it will take a lot of new money flowing into Bitcoin to get to $1k. Why and from where? I don't see it at the moment.

The price rise to the $1000 will depends on the mass adoption. We need the block size increase to help mass adoption.

The bitcoin will be used more when it takes less time to get the first confirmaiton. People will have good user experience.