at the moment LTC ... i just wanted to start it and now i can take a look for a good coin :-)
I started off with something small, very light on power. Then it blew out of proportion!
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Topic
(Unknown Title)
by
SargeR33
on 25/01/2020, 02:36:00 UTC
Being a novice to mining, is a setup like that suitable for solo mining or with the current difficulty and size of pools is it pointless to solo mine?
I don't think anything like that would be profitable in Australia. Electricity to run my 4 miners cost about $13/24hr AUD. Even with my current setup I switch it on only for certain times and hope the pool gets lucky and finds some blocks in the gaps.
well gl all this block has killed me getting hot in AZ just sold all my miners may rent some hash if we ever complete this block but most likely just chalking up as loss 450.00 in electricity and 5 btc in rentals no return sell miners for 1600.00 and call it a wash
That sounds painful man, hopefully this really does turn over soon and we knock a couple over quick.
spring is coming very soon (as I look out and see a 5 inch snowstorm here in NJ)
maybe in honer of spring we get back to back blocks.
The March equinox happens at the same moment across the world but is converted to local time. In 2015, it falls on March 20 at 6:45 P.M. EDT, 5:45 P.M. CDT, 4:45 P.M. MDT, and 3:45 P.M. PDT, for example.
so in 2 hours and change spring arrives. I see these two blocks popping up within the next 36 hours. This can be a god send for us.
PERSEPHONE please bail us out here.
To those that don't know she is the greek goddess of spring and for all us miners she is married to the Hades the god of the underworld. I believe this will turn the tide very soon.
If she fails I will have to switch alliance to Dionysus the greek god of wine and drown my sorrows with a bottle of wine tonight.
A toast to Dionysus!
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BoardEconomics
Re: Money is an imaginary concept, but humanity is enslaved by it
Lets just say if some people did not have money, they would be as useful as a wet tissue.
If I didn't have money, I could offer my skills to barter for other goods or services. This is what money fixes, it creates a field where everyone can play on.
The problem is when all your skills and what you have to offer gets automated by machines that are 100000% more efficient and cheaper than you.
Well not really, someone must make those machines. Someone must maintain those machines. The only reason we simplify these tasks is to move on to other tasks.
well gl all this block has killed me getting hot in AZ just sold all my miners may rent some hash if we ever complete this block but most likely just chalking up as loss 450.00 in electricity and 5 btc in rentals no return sell miners for 1600.00 and call it a wash
That sounds painful man, hopefully this really does turn over soon and we knock a couple over quick.
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Topic
BoardTrading Discussion
Re: What is your trading strategy?
by
SargeR33
on 19/03/2015, 09:17:25 UTC
There is no strategy or data to look at when trading bitcoin. It absolutely is not like trading stocks.
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Topic
BoardHardware
Re: ANTMINER S5: 1155GH(+OverClock Potential), In Stock $0.319/GH & 0.51W/GH
by
SargeR33
on 19/03/2015, 09:16:17 UTC
I can almost afford one, except post will kill me, then the conversion will throw salt into the wounds.
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN] INCAKOIN NKA l The future is made of Inca Gold | Online wallet launched
by
SargeR33
on 16/03/2015, 06:53:09 UTC
That sounds like an unfortunate series of events. Hope everything is well for them.
I've noticed issues with the Bitcoin wallet. It randomly annihilates my internet bandwidth. I have narrowed it down to the wallet as when I shut it down, it immediately resolves my issue.
I have not noticed any issue like this with Inka wallet.
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BoardPools
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
In cgminer, there is a specific path and process of work from the pool to cgminer, to the device, back to cgminer and back to the pool again. Bitmain messes with that process. My first release I did of their S1 driver, I spent time fixing that process. They ignored the changes.
So the simplest answer is to point out that what the Bitmain antminers show with their versions may not always be correct .......... on all their miners.
Thanks for the answer! Bitmain really ignored it? They have really been letting me down lately with all their sites being down due to DDoS, and now this, but that's life! My main reason for asking about it in the first place is because I was debating on trying solo mining, now I know it was a BUG (like an ANT ) and solo mining would pretty much be pointless for me.
~Mike
Bitmain messes up a lot of things. Every version of S3 firmware introduces some new problem. They are very sloppy in writing firmware and seem to not test it very well either.
I will have to agree, there is no consistency. It took me some time to find a stable firmware. Updating firmwares are always risky with any device, the less you do it, the better. I had to do this more than I would have liked.
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BoardBitcoin Discussion
Re: is this bad or good news?
by
SargeR33
on 16/03/2015, 06:48:42 UTC
I really do believe that if Bitcoin was to die, it would have died a long time ago. Sure it might drop in price but this technology will be around a lot longer than you think.
I bought some BTC at the nice low point it was on. Its weird how it fluctuates so randomly when there are no real reasons in sight. I was trading some stocks the other day and had some first hand info of a penny share signing a new contract with a new company. I bought some shares at .05 a piece, the signing was made public on all exchanges and there was a 48% jump when the market closed.
The price fluctuations may seem random because there's no great or awful news out but really the price fluctuations are far from random and have very real reasons. The reasons are just more simple than you expect. It's all linked to supply and demand. If there are more people that want to buy bitcoin than want to sell it today they price will go up. If there are more people that want to sell than buy today the price will go down. The price will travel to an equilibrium between buyers and sellers. In fact, this is the only reason that drives price. Now positive or negative news can influence price, but not unless the news is significant enough to cause more buyers than sellers (or vice versa).
Yeah, essentially this is what it boils down to. If there was some new innovation with bitcoin, this could really pump up interest and the value.
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BoardTrading Discussion
Re: Are all Bitcoin Exchange connected to each other?
by
SargeR33
on 15/03/2015, 04:09:03 UTC
When the water in the habour rises, all boats will rise.
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Topic
BoardPools
Re: [9000 TH] Slush's Pool (mining.bitcoin.cz); TX FEES + VarDiff
by
SargeR33
on 14/03/2015, 23:24:49 UTC
The most blocks one of my S3 miners has found was about 6. I think something sets it off, I don't think it is always true.
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BoardEconomics
Re: Local Startup Will Be Magic Bali Island Bitcoin.
by
SargeR33
on 14/03/2015, 07:17:50 UTC
If you support drugs, child prostitution, women sexual abuse, by all means go for it. Rubbish country.
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Topic
BoardEconomics
Re: Washington’s $210 Trillion Deficit
by
SargeR33
on 14/03/2015, 07:12:34 UTC
That is a lot of dollar bills. Then theres Australia who is 40b deficit lol.
Obama doing a great job.
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Topic
BoardEconomics
Re: Money is an imaginary concept, but humanity is enslaved by it
by
SargeR33
on 14/03/2015, 07:10:53 UTC
Lets just say if some people did not have money, they would be as useful as a wet tissue.
If I didn't have money, I could offer my skills to barter for other goods or services. This is what money fixes, it creates a field where everyone can play on.
Post
Topic
BoardEconomics
Re: 3-5% daily decline trend is back
by
SargeR33
on 14/03/2015, 07:09:25 UTC
I bought some BTC at the nice low point it was on. Its weird how it fluctuates so randomly when there are no real reasons in sight. I was trading some stocks the other day and had some first hand info of a penny share signing a new contract with a new company. I bought some shares at .05 a piece, the signing was made public on all exchanges and there was a 48% jump when the market closed.