eth issuance will be reduced to 2 eth from 3 eth per block which in turn is 33% less profit which in turn means any eth you buy right now will be 33% more valuable when the market starts to rise again. Prices will rise so fast, manipulators are using this to buy cheap coins, they did this in 2015 and now they are doing it again. In 2015 it lasted 3 months, this time I think will last 3 to 6 weeks, want to profit huge? sell anything you have and buy eth, wait a month and then you sell, 100% profit guaranteed and possible 300% cause when the same manipulators start buying again then it will be late for normal people to buy cheap coins again. You have to buy fast right now, wait any longer and you will lose an opportunity of a lifetime.

The chart says it all:
https://bitinfocharts.com/comparison/ethereum-mining_profitability.html

I am having 53.3 mh/s on 1080ti with power at 180W with the free (!!!) ethminer

what is the point of developing ethash that is far inferior to existing free ones?

The only reason why this miner is not running for more then a few days is because you guys keep releasing new versions! 

I see the second hand market for gpus here in Australia starting to drop down to almost reasonable prices. Can get a rx570 for around 300-350 AUD.

PhoenixMiner 2.7c is officially released. In addition to the changes in 2.7a, and 2.7b, we have added support for secure stratum connections using SSL (supported by ethermine.org) to prevent the increasing IP hijacking attacks. To connect to a secured pool, use the ssl:// prefix (e.g. -pool ssl://eu1.ethermine.org:5555). We have also Added support for solo mining (HTTP GetWork protocol).

We are switching our attention to 2.8, which will include a lot of small improvements, as well as some big ones but we prefer to keep them confidential for now in order to avoid giving any ideas to the competition  We also continue working towards dual mining and Linux support as our next major milestones.

running 2.7b and using the -tt 65 flag.

working excellent, and now the power draw has dropped 30W.

228MH/s with 1090W at the wall. before -tt fan control on 2.6 it was pulling 1120W from the wall.

back to the same power draw as claymore, and kept the higher hashrate. i'm not sure what it is about the lack of fan control causing high power draw, maybe the VRMs not getting enough airflow and becoming very inefficient.

either way, i like it! good job team.

If it looks like bullshit, smells like bullshit, chances are ... its vaporware.


Someone is bad at basic math. 3 x 6 x 32 = 72? Lets assume they meant 3 mainboards with 32 1gb ram, even that comes to 3 x 32 =72? ...
Ofcource if each asic chip had 4 gb memory dedicated to it, that would make each mainboard 6 x 4 = 24 and then the total 72gb for 3 mainboards makes sense.
But DDR3? Really? What is this 2011? DDR3 would not have nearly enough bandwidth to mine at 1mh/d for the entire thing.

TSMC's ground breakin 28nm process node because we are in 2011 again ... ofcource this silicon will be as efficient as the 14nm GPU's in the market ...
Also miners expected to hit the market in Q2/Q3 ... when is the tape out? When do the engineering samples roll out? Or are they just going full blown production run?
And when is POS? Why would they make an ASIC for a mining algo that is going to remove mining altogether pretty soon?

A lof of people here misunderstood the concept of mining, doing calculations and planning is the first thing that a possible miner should do. If he / she misses a point, there's a 101% chance it will definitely fail. Consider some other aspect first before looking at the earnings as it is only the Gross Income and not the Actual Net Income.

Bitcoin will be more really worth later on and that is great so you can better wait a longer tme to sell it and that is important.So the chance is going to be greater that you can generate some profit later on to ensure that is actually nice.i

works with 6990 ?

That's a good news, thanks for this one.
Well, investors are keep on coming this days and no doubt bitcoin price would be totally keep on growing if that happen. Hope so that price will keep on growing so that many more investors will be in hand to invest in bitcoin. Well, good news too for BCH and ETH for the rise again and bad for BCG. Well, Bitcoin Gold will be the same as BCH for the week it was released but it will be a good time to invest because we might know it will pumped up.

Drunk lonely trolls are drunk and lonely.

Don’t take anyone’s advice about what will happen with the currency, do your homework, learn about Bitcoin and come to a conclusion. Personally I believe we are just starting, but that’s my own opinion and you shouldn’t consider that as investment advice as well. You should figure out by yourself about at that moment, the price is good or it isn't. You have to do it by yourself cause you will not regret it if it's not success at all. Some people would like to invest their money into mining Bitcoin. For the past few years mining Bitcoin is only profitable if done at large scales. This means you will need to get expensive mining equipment and hopefully have access to free electricity. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.

I think bitcoin mining is still profitable, remember bitcoin prices have reached $ 4200, if the cost of electricity is not more than 10 cents then with S7 bitmain we can already RoI about 4 months.

Until now we need to do is to help save all bitcoin we earned since we put together for the incoming halving we want more bitcoin to make much more income in the time of halving.

The best thing to do with coins you have mined is store them of course. You can also sell them but why are you mining then
just for the money or in the hope you will get rich out of the coins you've mined. So i prefer to hold them and wait for
the best selling price.

I think if you invest in mining you will not lose the things that you exploit. You only lose money to maintain, repair mining equipment. Exploiting more and more means that the device is easily broken

 Nice specs, but X11 coins are such a small market and already have 3 companies that have/make ASIC for it so I'm rather shocked Bitmain decided to enter it.

 Baikal folks are probably going to be OK since their miners don't JUST do X11, iBLink and Pinaldea folks are going to get squeezed pretty hard.

 DASH is about the only X11 coin that has ever been worth anything (especially back in the DarkCoin days when it was the ONLY X11 coin), and even it isn't REAL big cap.


 I suspect Bitmain has seen S9/R4/T9 sales drop quite a bit, or they wouldn't be bothering with altcoin ASIC miner making to fill up their available foundry space for chipmaking.