I am the one who hold the eth, I think eth has a chance to glide higher but I think eth will only reach 0.25 btc by the end of this year but this is only my estimation, how according to the senior ?
If 1 eth=0.25 btc, the marketcap of eth will surpass btc. It will be a milestone for eth and cryptocurrency as a whole.
That is true. It is quite difficult to reach. It is better for ETH to be on parity with Bitcoin Cash first.
Post
Topic
BoardMining (Altcoins)
Re: ** Breaking News ** Run 12 AMD GPUs on Windows
Other than the coolness factor do you really need to run more than 13 GPU's off of the same motherboard? I know there is economics of scale, but these motherboards cost more as well, offsetting the savings gained. Plus you need extra PSUs, more memory and a bigger SSD. So adding all this up the cost savings really isn't a lot more than say 2 smaller rigs.
Also, a point that has been argued before, if the rig experiences issues, then you have 19, 21, or however many GPUs you manage to get running down at once versus with smaller rigs you would have maybe 8 GPUs down while the others would remain running. While these videos are nice to watch for the geek factor, it seems to be pointless after a certain limit.
6 rigs are suggestable to use in the mining rig right! One rig can give 6 card pci riser I think. How it is possible that we can run a 12 GPU cards in the one processors with the windows os. Since it has the riser limit of one PCI slot with the 6 cables are only gives 6 cards options. Please explain me clearly.
In my opinion, we are still in the beginning of Bitcoin. Less than 10 years old is nothing. So I would place Bitcoin in the awareness stage to compare with your graph. There are still a lot to do, a lot to see
I agree with that. The bitcoin is still in the left bottom of the S curve. It will rise when more people use it.
I used to want to squeeze every last penny out of my mining but you'll get to a point where convenience, simplicity, stability, and time become a big factor.
Just mine ETH or dual mine ETH+Whatever. If ZEC becomes more profitable, mine that. If XMR becomes more profitable, mine that. Done.
I agree with that. I also do not do much overclocking now.
An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.
Looks like BUcoiners can't accept if they fork they will be an altcoin.
so anything not Blockstream/core is 'overtaking' the project? And we should ignore Satoshi's clear statement in the whitepaper that nodes can vote on rules with their processing power?
The only 'trying to overtake via hard fork' is the backdoor UASF , which is probably the brainchild of Greg Maxwell.
I think the miner will vote with their hashing power. That is more fair than the so called UASF.
if core was 1% reasonable, we'd already have 2mb and there wouldnt be any need to talk about 'on chain scaling to infinity' but they are not reasonable, so here we are.
Segwit is comparable to ~2.1 MB (if adopted) based on current usage patterns. That's on-chain scaling. What's the issue?
Notwithstanding Segwit's other issues, it represents an end-run around simply increasing the blocksize. Core, in the sole interest of their own agenda, is doing everything in its power to resist,delay, and fight this.
If they resist more, then the community will make another choice.
Not that I know of, it would be crazy if there was.
I meant I have been, for example, selling my ZCL around 0.0006 and buying back around 0.0005 using same amount BTC earned. Not exactly a short but same principle.
Not sure about ZEC as it seems to be a solid down trend
It seems the rate of drop has slowed somewhat.
They are trying to build a wall at ~0.04btc, it needs about 320btc to go through that wall if those bids are real. Looks big but it is actually only one day supply of zec.
I think yes now it is more profitable to mine altcoins and to convert them to bitcoin as now we can see that the price of bitcoin once again started to increase, but still if we are mining some altcoins which have the potential to increase more faster then we should have to keep them also.
I mined the Etheruem in the past, it was very profitable for me. But now, it is get less profitable day after day.
Even though the Ethereum mining difficulty is rising, it is more profitable now. It is mainly due to the higher price.
Stick with altcoins and maybe add some bitcoin when the prices correct a bit. Mining with S9 is long gone if you want profit. Now I have heard of Antminer's R4 or R9 something like that. Check out their site. They say they want to bring back mining backs to homes. Yeah, but for how long?!? All miners get outdated in max 2 years time.
So, stick with promising alts like ETH, XMR, DASH, NXT, etc. Wait for ETC to get stabilized before jumping into it. All the best.And why don't you consider investing in some good ICO (DECENT, ANTSHARE, SINGULAR DTV) bet their coins will fetch some $$ when it hits the market or invest and wait for some time. All the best!
I trade the Ethereum, Monero, Dash or other coins such as Decred or litecoin. They are quite profitable at the moment.
In my opinion, all we know the Bitcoin halving is implemented now so for me its not profitable for now.Yes you can try mine other altcoins its more profitable for now and trade them with exchanges.
I think it is better to mine the altcoins such as Ethereum. When you use the GPU to mine the coin, when they become not profitable, you can sell the GPU.
Post
Topic
BoardMining (Altcoins)
Re: Which GPU to purchase with $200 for Ethereum mining?
Forget everything about the AMD cards, the 1060 will enter on July 19th in thr ring and will break everything ! I say that even if I'm an hard AMD defender, but what I saw a few minutes ago made me change my mind, at least until AMD do something better !
not sure the 480 can do 24MH with 100w with some tweak, it's impossible for the 1060 to do better, only the 1070 is better in efficiency
but since not only etheruem count anymore, the 1060 might be better in other algo
Phillipma said:
i get 24mh for 1 card 47 mh for 2 cards
I get 275 watts for entire system cards ram cpu ssd case fans,
my system pull 71 watts with no mining and 275 watts with 2 cards.
I like to read this articles again because people where not understanding the bitcoin and we already reached the double of the 400 they said we will never go over.
That is right. In long term, the price will rise. But in short term, it is very volatile. The price is much less than $800 now.
The price of bitcoin just rose to $680. It is just $120 away from the $800. It could reach $800 in a few months.
Post
Topic
BoardSpeculation
Re: 400 will not hold
by
Usainbot
on 08/06/2016, 16:35:52 UTC
So far this summer, the price of the bitcoin is going very well. If we have more good news, the price will be even higher.
For the price go down again to 400 some serious things need to be happening. I don't see this coming, since we got a positive market. Perhaps after the halving?
The big whales can push down the price briefly down to $400. But it will not last long, the value is there.
Big whales can do anything they want with the price. But they want to profit from it, so why dump a lot of coins to lower the price if they can sell them slower and profit more?
If the whale open a short position and sell the bitcoin price to lower level, they can make profit from the short position.
Not only whales, but even smaller traders can make profits no matter in what direction the price is moving. It requires a good understanding of markets and enough experience.
For small investors, they can buy and sell coins easily because they have smaller positions, not like big investors.
That is true. But the big investors control the market, they can manipulate the price of bitcoin easily.
So we need more people to be aware of the bitcoin and buy the bitcoin. Bitcoin will be owned by more people.