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Showing 20 of 57 results by Ultrasound
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Board Press
Re: [2018-11-12]Bitcoin is Going to Face its Final Decisive Moment, an Expert Predic
by
Ultrasound
on 12/11/2018, 17:51:09 UTC
I think the bitcoin will survive long term. There will be final decisive moment now and in the near future. The bitcoin cash will face a final decisive moment in a few days.
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Topic
Board Mining (Altcoins)
Re: My Research on Bitmain Antminer Z9 EQUIHASH ASIC Miner - Zcash and Zencash Fork?
by
Ultrasound
on 23/08/2018, 19:16:37 UTC
zencash in mineable with asic z9 mini yet? !! Huh

It will not be mineable in the near future.
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Topic
Board Mining (Altcoins)
Re: Mining Unprofitable - What next?
by
Ultrasound
on 14/08/2018, 10:24:04 UTC
I am planning to mine one more month, and after that I will sell my gpus if mining doesn't become profitable again.
In the meantime I will mine some new coins which could rise in price in few months or a year.

which coins do you mine then? Where do you find them, and how do you select them?

At today's price of the coins, there will not be any coin to mine profitably.
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Topic
Board Press
Re: [2018-07-21] Bitcoin (Almost) Everywhere: 5 Crypto Debit Cards Worth Checking
by
Ultrasound
on 25/07/2018, 03:48:40 UTC
It is a good idea to create a debit card for crypto, but I disagree that partnering up with major companies like Visa and MasterCard is good. Not because this is against crypto believes, but because Visa/MasterCard/others will not take crypto seriously and provide the best service.

Visa already got payment channels. It is better to use the existing Visa/Master cards channels.
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Topic
Board Mining (Altcoins)
Re: Bitmain E3 Ethash Miner ASIC (Shipping:16-31 July. $800 USD)
by
Ultrasound
on 12/07/2018, 00:42:55 UTC
They should begin shipping next week.  After seeing the 50% hash improvement by OCing the z9 mini, I am anxious to see the hash on the new E3 with full Over Clock.

Has anybody received the E3?
Post
Topic
Board Mining (Altcoins)
Re: EWBF's Cuda Equihash Miner
by
Ultrasound
on 27/06/2018, 02:47:00 UTC
no point
even the best 1080 ti card has break even of one year currently

There may not be much sense in buying new hardware now, but there's plenty of reason to keep mining with hardware that you have already bought and has paid for itself.

That is only if the electricity price is low.
Post
Topic
Board Speculation (Altcoins)
Re: Time to buy?
by
Ultrasound
on 12/06/2018, 08:16:53 UTC
Looking at the chart you can see the obvious signals "buy" # 1-5 I guess.

https://imgur.com/rGdvd1z

It seems for me that there is consolidation for further explosive growth of the token.

Or are these false signals?


I think yes as the bull run is coming. I suspect we will be watching this strong rally later, probably close to the winter. But now the crypto will be growing.

It will happen in November, like last year.
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Topic
Board Mining (Altcoins)
Re: My Research on Bitmain Antminer Z9 EQUIHASH ASIC Miner - Zcash and Zencash Fork?
by
Ultrasound
on 30/05/2018, 08:08:24 UTC
i think its useless to fork, we fork now and bitmain just solves it again but the nxt time they break the algorithm they can decide not to sell.  actually even with this z9 mini, if they decided not to sell would we know that there is an asic already for equihash, at 2k usd retail price lets see 80m usd and they can control zcash network hash already, bitmain made more than 1b last year so they didnt really need to sell this asic, they can just write off 80m usd this year and not sell 40k units which they can easily do(2kusd/unit x 40k units is only 80m thats peanuts for bitmain) and with that they would be at zcash total hashrate already, if you guys were looking at hashrate of zcash, 3weeks ago it was only around 400, today at this time its 500 so means bitmain has already made the asics and probably mining it already well they got 2weeks to do it before they ship

so lets go to scenario where we fork, so probably hash goes back down to 400, they just make a new asic and this time they decide not to sell and just keep quiet well they can just do the 51% attack and screw us all, im a gpu miner but looking at how things have turned out maybe we can adjust the code so that a pool or miner doesnt go above a certain hashrate if this is possible since our only concern is centralization but it already is a fact we cant run away from asic they solved scrypt, ethash, cryptonight, equihash most at start saying its memory heavy so no asic can mine it but now asics are here and with the recent 51% attacks actually looking at btc ltc dash these are the coins with asic but cant be attacked cause of very high net hash and there isnt enough power on nicehash to attack them, issue with decentralization i think isnt with asic, its people selling to nicehash that is the issue cause recent attacks already proved this

so you know i didnt buy the z9 mini which i am actually having second doubt why i didnt, change algo bitmain solves it again and they can decide not to sell so we all end up as losers, if its possible to include for example a limit a worker to a certain limit on hash and maybe even pools then maybe this solves the issue, max hash a worker can have on network 10k sols i dont know if this is even possible but running from asics is not sustainable anymore if bitmain sells a new asic i will probably have to buy 1 already, also an issue with centralization i think even if its gpu only we already have that issue, how does it feel since aug last year until now i dont see any vega cards here but see 1 guy post getting 500vega gpu last nov

We just need to change the PoW algorithm every 6 months. The ASIC company cannot make ASIC and profit in such short period.
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Topic
Board Speculation (Altcoins)
Re: Time to buy?
by
Ultrasound
on 20/05/2018, 14:32:03 UTC
no one really knows ... last week was considered to be the trend reversal with all the hype around consensus and it failed miserably.. Everyone seems to expect the same thing to happen again based on just a few years of evidence. Last year, cryptocurrencies hit the mainstream media in a very big way, globally. Prior to that, they were a side news story & only a small percentage paid attention - enough to lift the price, sure, but not as dramatically as what would happen. i suggest you should look into https://www.tradingview.com to see what expert traders are predicting for near and long term.

I think the effect of the Consensus meeting will be felt in the next few months. So just be patient.
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Topic
Board Speculation (Altcoins)
Re: Time to buy?
by
Ultrasound
on 27/04/2018, 11:24:48 UTC
I think it will have been better if you buy when ETH is around $300+ but it's not too late to buy because prices at the market is about to stabilize and the market is green again. It's looking like bull run is around the corner and some altcoins are likely to explode but chose which altcoins to buy painstakingly

Even if the ETH price is $700, it is still a good buy. this coin is the gas for smart contract.
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Topic
Board Mining (Altcoins)
Re: zcash | GPU Screaming
by
Ultrasound
on 21/04/2018, 09:24:21 UTC
i think the default GPU temp should be around 70. because when my gpu reach 70 they will try faster fan for cooling

I usually run them around 65 to 68 degree. It is safer for the long term.
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Topic
Board Mining (Altcoins)
Re: zcash | GPU Screaming
by
Ultrasound
on 02/04/2018, 10:22:41 UTC
If you have coil whine with zec dont even try to do neoscrypt you'll go deaf lol.

If you use the same TDP, will NEO use more energy?
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Topic
Board Press
Re: [2018-03-02]Cointelegraph-UK Secretary Diane Abbott: If Everyone Used Bitcoin ..
by
Ultrasound
on 03/03/2018, 12:53:01 UTC
"Abbott’s opinion echoes the statement made today by Mark Carney, Governor of the Bank of England, about the need to hold Bitcoin and other cryptocurrencies to the “same standards,” as the rest of the financial system."

If the bitcoin is used by regulated industry, then its use should be encouraged.
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Topic
Board Mining (Altcoins)
Re: I have the money but i dont havr the know how...
by
Ultrasound
on 22/02/2018, 15:18:19 UTC
Really in almost all circumstances, it is better to just buy the coins and hold. Unless you just really want to learn mining, or you have a line on free elecric

Buy the good coins, not the scam coins. But it is difficult to tell.
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Topic
Board Press
Re: [2018-01-30] Samsung Enters `Mass Production` of ASIC Miners
by
Ultrasound
on 04/02/2018, 14:09:33 UTC
This can be a significant problem for those who use mining GPU. Network complexity will increase significantly and will make this method ineffective. The production capacity of Samsung is very great. They can significantly increase sales volumes of ASIC. This will cause a significant reduction in the profitability of mining. I think it's bad news.

Do you mean Samsung will build miners based on GPU, not ASIC?
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Topic
Board Press
Re: [2017-11-21]Most Young Americans Will Hodl their Bitcoin Until it Reach $190,000
by
Ultrasound
on 21/11/2017, 20:22:58 UTC
This is an extremely bad sign because:

-It shows a lack of self-awareness and misunderstanding of their emotions.  Even though they say this, a large number of people panic sell whenever the price goes down. 

-It ignores the fact that BTC has multiplied in value many times before and cannot continue doing so exponentially forever.  A person who buys in at $190,000 would not be able to say "I'll sell when the price reaches tens of millions" (unless the dollar experiences hyperinflation) because that amount of money does not exist.

-It ignores the possibility of it being used as a currency.  Most of the respondents (in this poll's case over 90%) were not even interested in using it as a currency, and they still consider the prospect of selling it for fiat currency when they want to actually spend them.

That is right. That is the reason I have spent some bitcoin in the past.
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Topic
Board Press
Re: [2017-11-16] Bitcoin Mining in China is Not Banned Yet, Contrary to Reports
by
Ultrasound
on 16/11/2017, 18:53:34 UTC
I have seen the paper trail that has been passed from a electric company that started the said “reports”.. The government already give erratum to that certain incident and that it was just misunderstanding or plain graphical error.. This is one of mean reason bitcoin cash dropped this week and gladly it was immediately stopped by those in the authority.. This issue is also used for bitcoin cash increase that’s for sure..

The problem is that those kind of error does not give us confidence.
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Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Ultrasound
on 25/10/2017, 08:14:33 UTC
Very proven, Yes. Holding bitcoin for longtime proves to be one of the best ways to grow money we have. Very much compared to interest given by bank.
Looking at some famous stories who have been made rich by investing and holding bitcoin, your statement is indeed correct. Banks do not give us as big profits as bitcoin do and that is people are investing in it instead of banks.

This is the main reason why it is a threat to banking system and indeed it is a big one. Bitcoin is just a way to get out of all financial problems and earn enormous money within a short span of time.
That is the most simple and the best statement about this subject. Everyone who merely knew about bitcoin, can assure you one thing, holding will give you more profit. What is the reason behind it? No other than the high going of prices every other time. Prices are fluctuating every time but with little dumps, they are trending to go higher and higher each coming moment.

I hold most bitcoins. But I also use some as I believe circulaiton will make it more valuable.
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Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
Ultrasound
on 23/10/2017, 06:01:29 UTC
yes if we look at the current position of bitcoin it will say that to hold it for along time it will profitable it can also be said that to make invest your money it is just like a bank deposit many people are waiting foe such a wonderful chance to get the extra money from this. i think we should not keep all money into one currency but it is good if we keep our money into more than one currencies of the same category.

Holding bitcoin is good for making fiat profit, but not for bitcoin profit.
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Topic
Board Mining (Altcoins)
Re: Coins that can be HDD mined?
by
Ultrasound
on 21/09/2017, 07:15:50 UTC
Under current conditions, a single 8TB (actually 7.27 or some such FORMATTED) Seagate Expansion drive (usually the Seagate Archive 8TB internally) will pull in ballpark 450 BURST/month for perhaps $6 a month.

 ALL of the calculators are optimistic by quite a bit, due to how the BURST "network" is measured and an inherent flaw in that method - I generally take the figure any calculator comes up with and estimate I MIGHT get as high as 2/3ds (more commonly closer to 60%) of the amount the calculator comes up with.

 ANY size HD will work, but IMO anything under 1TB isn't worth bothering with any more.



So the ROI is more than a year?