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After watching the video, I was like... what the heck were they smoking?
Probably most of the people were paid actors, common tactics used by ponzi schemers.
There are a lot more than 30 (or 43) people there.
Probably most of the people were paid actors, common tactics used by ponzi schemers.
What are your settings to get above 230 Khash on the 7790 for litecoin mining? I cannot seem to get mine high enough.
Thanks,
-DM
Thanks,
-DM
Try this
gpu-engine 800
gpu-memclock 1500
thread-concurrency 8000
gives 240+ khash/s
It looks like the fire started from the mosfet and spread to surrounding area, the mosfet probably overheated after it lost contact with the thermal pad under the heatsink. A rather common problem on this particular model, especially when the motherboard starts bending due to sheer weight of aftermarket cooler.
I think it'll go something like this
Mass dumps of BTC because everyone wants to earn as high a ROI as possible and ASIC miners are useless for anything other than SHA256 hashing. Falling BTC price will facilitate more mass dumping.
People GPU mining all move to LTC because BTC hash rate is too high.
LTC hash rate skyrockets, LTC goes up in value massively.
Right now I hold 50% BTC and 50% LTC. It's clear that the value of LTC is stable, as people (like me) are constantly dumping BTC mined into buying more LTC.
All merged mine coins will fall into this trap because people acquire them for no extra cost and so just dump them. LTC will never be able to be merge mined with BTC, so it doesn't have that problem.
Mass dumps of BTC because everyone wants to earn as high a ROI as possible and ASIC miners are useless for anything other than SHA256 hashing. Falling BTC price will facilitate more mass dumping.
People GPU mining all move to LTC because BTC hash rate is too high.
LTC hash rate skyrockets, LTC goes up in value massively.
Right now I hold 50% BTC and 50% LTC. It's clear that the value of LTC is stable, as people (like me) are constantly dumping BTC mined into buying more LTC.
Quote
I think it will follow the same path as Namecoin after merged mining
Hash rate skyrockets -> people with coin of little use -> dump it like ugly prom date
Hash rate skyrockets -> people with coin of little use -> dump it like ugly prom date
All merged mine coins will fall into this trap because people acquire them for no extra cost and so just dump them. LTC will never be able to be merge mined with BTC, so it doesn't have that problem.
Even if there is cost to mine a coin doesn't mean people won't sell them, even at below cost. This all boils down to supply/demand, and the only demand i see is speculation.
Also hash rate usually lags price, not the other way around.
That is one hell of a candlestick. Does anybody have the technical name for it?
I don't know the technical name, but i think we should call it madnipulator
Does anybody remember what Ix and I0 were trading for before the exchanges stopped for them?
http://www.ixc2btc.info/
http://www.i0coins.info/