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Showing 20 of 96 results by pickleburglar
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Board Mining (Altcoins)
Re: BITMAIN was mining ETH in their farms ! BITMAIN Is killing GPU miners
by
pickleburglar
on 03/04/2018, 16:29:55 UTC
The only reason they are getting ready to sell for cheap is that they are ready to start "testing" the next version that will do 1000MH/s+ and they know these will be useless along with all GPU's.
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Topic
Board Mining (Altcoins)
Re: Do you think bitmain is secretly mining ETH with ASICs?
by
pickleburglar
on 03/04/2018, 16:21:59 UTC
I'm 98% convinced ASIC manufacturers started bringing first ETH asics online at around december 2017 and have been steadily building and mining with them ever since.

Called it!
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Topic
Board Mining (Altcoins)
Re: Deep Explanation of how Ethereum ASICs are possible?
by
pickleburglar
on 31/03/2018, 08:44:06 UTC
I am hoping someone can provide an in depth explanation of how an ASIC miner for Ethereum is even possible

The computational part is no different from any other ASIC, just set down the exact transistors you need to do the same algorithm over and over.

What makes ETH asic resistant is its dependency on random memory access. There is no way to speed up this part, an ETH ASIC would have to use the same memory chips as computers.

Turns out this wasn't as big of an obstacle as people thought though, GDDR5 chips are expensive but there are mountains of DDR3 chips laying around for a cheap price. Since the algorithm scales perfectly in parallel, there is no reason why these slow DDR3 chips can't be used en masse to provide the required memory for ASIC's.
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Topic
Board Mining (Altcoins)
Re: Error Code 43 Video Card XFX Radeon 580 4GB
by
pickleburglar
on 31/03/2018, 08:30:24 UTC
did you mod the bios? If so you need the pixel clock patch tool.
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Topic
Board Mining (Altcoins)
Re: 2 GPU rig problem!!!!! Help!!!!
by
pickleburglar
on 31/03/2018, 08:26:33 UTC
-Gigabyte Xtreme Gaming 1200w x 1
-MSI GeForce GTX 1080ti x 6

you're feeding each 1080ti with 200w, this is a nobrainer.

You don't need over 70% power limit anyways, it makes little to no difference.
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Topic
Board Mining (Altcoins)
Re: Which 1070TI do you recommend? Need Advice
by
pickleburglar
on 30/03/2018, 00:18:28 UTC
Buying a brand new card for mining right now = bad time.

Right now is when many people are switching off their rigs and selling off cards due to low income. If you're going to buy anything, grab a used card off your local equivalent of craigslist, they are flooded with cheap cards over here.
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Topic
Board Mining (Altcoins)
Re: PCI Riser Power Test, Results, and Recommendations
by
pickleburglar
on 30/03/2018, 00:15:58 UTC
SATA contains 12v, 5v, and 3.3v power sources (but the 3.3v is rarely used by anything, i doubt the risers even use it)

Actually they should, PCIE requires a 3.3v pin by standard but almost no videocard uses it.
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Topic
Board Mining (Altcoins)
Re: Looking for a rig frame
by
pickleburglar
on 30/03/2018, 00:09:37 UTC
I use just basic homemade wooden shelves, cost me around €30 in wood + screws + electronics (switch, pdu, wiring and remote switches) per 6 rig module. Usually accompanied by 2 or 3 big fans which are ~€10 each, depending on location.
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Topic
Board Mining (Altcoins)
Re: How price of electricity affects on mining?
by
pickleburglar
on 29/03/2018, 08:24:15 UTC
So can it be cheaper?

Of course. The problem with bitcoin is that it uses a relatively simple algorithm, the simpler the algorithm the more optimized miners you can create for it and that is bad for energy efficiency.

Example:

1. In a bitcoin ASIC most of the pathways of the chip circuits are used all the time, lets say 10% of transistors are active at any given time because there aren't that many different things that can happen in the algorithm.
2. In an ETH mining gpu, 99% of the transistors are idle and only 1% are being used because there are so many different ways that the algorithm can go.

I'm pulling these percentages out of my ass since nobody really has those figures but the idea remains the same - the simpler the algorithm, the more optimized hardware, the less idle transistors, the higher the energy draw. There is a physical limit as to how many transistors the worlds chip manufacturers can squeeze out and combined with transistor utilization percentage this pushes down the energy cost on more complicated algorithms.

There is an even better example - "PoC" or proof of capacity algorithms which are really just PoW that focus on huge memory sizes. These are mined using hard drives and due to the physical limits of the spinning disk, 99.999..% of the hardware is idling while working at maximum speed. A burst transaction costs ~0.02kWH in electricity and it would still be that low even if burst cost the same as bitcoin because the network has already reached HDD mining supremacy (that is to say that most of the capable hardware out there is mining burst instead of doing something else).
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Topic
Board Mining (Altcoins)
Re: if you live in the EU, watch your profit. I've already turned off my rigs.
by
pickleburglar
on 29/03/2018, 08:01:22 UTC
It might still be profitable at 0.3/kwh or whatever figure but most people are not comfortable betting on that state lasting in the world of crypto for a year or more to get their investment back.
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Topic
Board Mining (Altcoins)
Re: Mining from 10 year old PC possible ?
by
pickleburglar
on 29/03/2018, 07:57:12 UTC


$25 WITH power is NOT a reasonable number, unless you are using total JUNK for power supplies or used parts - but even the BARE CARD figures on the 1080 ti keep it close to the other GTX high-end cards on cost efficiency unless YOU are getting charged insane amounts for the 1080 ti compared to the others.

SHOW ME a system that manages $25 per slot with NEW parts - I really would like to see that.

Then show me what kind of crazy rip-off pricing you're seeing on 1080 ti cards vs 1070/1070ti/1080.


Ain't my job to build your rigs for you but its easy enough - get one of them 8 slot integrated cpu/ram mining boards from a random chinese estore, add 2 midrange PSU's and a little ssd and you're done. 1080ti's can be had for ~€700 and 1070's for ~€450 over here. Comparing to a 1070 is silly though when there's piles of ~€220 polaris cards clogging up every local auction site and the prices keep falling. Was pretty much the same price relationship when the card prices were still high, just around 50% higher.

2 650 watt power supplies from a QUALITY maker alone are going to be $200 give or take $20 - which already uses up your $25 per slot claim.
There is also the VERY POOR COOLING of those 8-slot motherboards to keep in mind, unless you're running water-cooled or hybrid MORE EXPEN$IVE cards you're going to have MAJOR issues with high heat on anything past a RX 460 or GTX 1060, or you're going to have to add a lot of high-power fans (and MORE power draw to run them, as well as the cost) to keep the GPUs even close to cool - adding to the "per slot" cost of the rig.

I don't see $220 Polaris cards around here, the lowest I've seen for decent mining GPUs in the last 9+ months was $200 for one seller with a couple used R9 290 cards (and a phone number they NEVER got around to answering, so I don't know if the posting was legitimate) while the Polaris cards have been listing for MORE than Newegg NEW pricing the past month ($339 lowest current offering on Newegg, a Sapphire Nitro+ model, while most of the Craigslist postings have been over $450 with a very few between $400 and $450 on ANYTHING Polaris).
I suspect that's due to this area having VERY CHEAP electric though - people are NOT shutting down rigs here - while your area has quite a bit higher electric pricing.

On ZEC, a 1080 ti will easily exceed 680 sol/s with good efficiency and can get to almost 800 on good-cooling cards if you push them, while 1070s struggle to beat 400 sols with good efficiency and you're VERY lucky to beat 450 sols/sec by much when pushed hard - the performance vs cost numbers USING YOU PRICE FIGURES work out pretty bloody close.


That's not true, 2x650w corsairs cost ~€90. The cooling isn't that bad either, the hottest cards I have are the single fan nitro 570's and they didn't go over 70C last summer after I installed some ghetto ass cardboard vent shafts.

Also most 1070's can reach 500 sols, not to mention they can do other algorithms like daggerhashimoto or neoscrypt much better relative to cost than a 1080ti.

The power cost is on the average ~€0.15/kWH here but anyone can get it down to 10 cents if they draw over 15MWH monthly or even a few cents lower if they are willing to move.
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Topic
Board Mining (Altcoins)
Re: [2018-02-12]Bitmain To Release Ethereum ASIC Miner F3 With 72Gb DDR3 Dram In Q2
by
pickleburglar
on 29/03/2018, 07:40:52 UTC
I agree. If devs said in the white-paper that their algo is ASIC resistant, they mean it and they will change the algo if necessary just to make sure no ASICs are in the game.

Ethereum probably won't bother changing their algorithm, since they're getting fairly close to POS at which point ALL mining goes "poof".

Any Bitmain ASIC for ethash algorithm better be bloody LOW in price for anyone to have a prayer of making their money back on them, especially if the estimated "still a couple months off" release date I've seen mentioned a couple places proves to be correct or on the LOW side.

I would be inclined to call this "mistake #2 Bitmain has made this year", following in the footsteps of their Cryptonight miner.

Too bad they're still making money hand-over-fist on their SHA256 and Scrypt miners and can AFFORD to make a few multi-million dollar mistakes like this.




ETH devs have always said that the PoS change won't be instant but gradual, starting with 1% of blocks being mined by stakers and going to 100% over the course of a year or longer.

The only question is - did bitmain pay off the dev team well enough for them to allow ASIC's on the network? Because ETH devs have the power to do what monero did and just fork to a modified algorithm, there is no reason to stick with the current algorithm if they get nothing out of it.
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Topic
Board Mining (Altcoins)
Re: Bitcoin Mining with Google Chrome
by
pickleburglar
on 28/03/2018, 17:01:45 UTC
5 satoshi  or  Bitcoin ?
Using ASIC or another device?
To be precise - 5.03
dude, sorry no offense.
I only curious whether you using ASIC Miner or browser Google chrome to got that amount.


yes
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Topic
Board Mining (Altcoins)
Re: Bitcoin Mining with Google Chrome
by
pickleburglar
on 28/03/2018, 07:14:29 UTC
5 satoshi  or  Bitcoin ?
Using ASIC or another device?

To be precise - 5.03
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Topic
Board Mining (Altcoins)
Re: Bitcoin Mining with Google Chrome
by
pickleburglar
on 28/03/2018, 06:09:40 UTC
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Topic
Board Mining (Altcoins)
Re: Halong Mining
by
pickleburglar
on 28/03/2018, 06:08:38 UTC
Every ASIC is a scam, just some more than others. ASIC's are not mean to produce profit for you - otherwise they wouldn't sell them but would keep them for a little longer. They are sold simply to maintain the illusion of a distributed network.
Post
Topic
Board Mining (Altcoins)
Re: Mining from 10 year old PC possible ?
by
pickleburglar
on 28/03/2018, 06:03:25 UTC
A GTX 1080 ti is VERY cost effective on merged folding - probably the best card to use for that - *IF* you have a folding-optimized rig.

On ZEC, they're very close on hash/watt vs ANY member of the GTX 10xx family when all are operated at "most efficient" settings, and they've usually been very close on a "rig-level" basis on hash/$.

THE most cost effective, no - but not all that far off it and some folks are willing to pay a small premium for the higher rig density they offer (and lower time spent managing those rigs on LARGE farms).


The numbers probably vary if you're not in the US - some areas might charge more of a "premium" for the higher-end cards than we usually see here.

They are cool cards for sure but for mining purposes, the only thing that matters is cost efficiency and they fail pretty hard there.

No, they do NOT fail hard on cost efficiency - at the RIG level they are pretty much to a TOSSUP with any other GTX 1070/1070ti/1080 mode - unless you are defining "fail pretty hard" as "more than a percent or two difference".


Sounds like you got high rig cost problems. With the plethora of mining specific hardware available these days, anyone can get their slot cost down to at least €25, including power.

Its around 15% worse than a 1070 in terms of cost efficiency which in turn is worse than the 1060 and not to mention all the polaris cards. I'd call that failing pretty hard.

$25 WITH power is NOT a reasonable number, unless you are using total JUNK for power supplies or used parts - but even the BARE CARD figures on the 1080 ti keep it close to the other GTX high-end cards on cost efficiency unless YOU are getting charged insane amounts for the 1080 ti compared to the others.

SHOW ME a system that manages $25 per slot with NEW parts - I really would like to see that.

Then show me what kind of crazy rip-off pricing you're seeing on 1080 ti cards vs 1070/1070ti/1080.



Ain't my job to build your rigs for you but its easy enough - get one of them 8 slot integrated cpu/ram mining boards from a random chinese estore, add 2 midrange PSU's and a little ssd and you're done. 1080ti's can be had for ~€700 and 1070's for ~€450 over here. Comparing to a 1070 is silly though when there's piles of ~€220 polaris cards clogging up every local auction site and the prices keep falling. Was pretty much the same price relationship when the card prices were still high, just around 50% higher.
Post
Topic
Board Mining (Altcoins)
Re: Mining from 10 year old PC possible ?
by
pickleburglar
on 27/03/2018, 05:05:23 UTC
A GTX 1080 ti is VERY cost effective on merged folding - probably the best card to use for that - *IF* you have a folding-optimized rig.

On ZEC, they're very close on hash/watt vs ANY member of the GTX 10xx family when all are operated at "most efficient" settings, and they've usually been very close on a "rig-level" basis on hash/$.

THE most cost effective, no - but not all that far off it and some folks are willing to pay a small premium for the higher rig density they offer (and lower time spent managing those rigs on LARGE farms).


The numbers probably vary if you're not in the US - some areas might charge more of a "premium" for the higher-end cards than we usually see here.

They are cool cards for sure but for mining purposes, the only thing that matters is cost efficiency and they fail pretty hard there.

No, they do NOT fail hard on cost efficiency - at the RIG level they are pretty much to a TOSSUP with any other GTX 1070/1070ti/1080 mode - unless you are defining "fail pretty hard" as "more than a percent or two difference".



Sounds like you got high rig cost problems. With the plethora of mining specific hardware available these days, anyone can get their slot cost down to at least €25, including power.

Its around 15% worse than a 1070 in terms of cost efficiency which in turn is worse than the 1060 and not to mention all the polaris cards. I'd call that failing pretty hard.
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Topic
Board Mining (Altcoins)
Re: Bitmain looks like they're releasing a 15GH/s DASH miner called the AntMiner D3
by
pickleburglar
on 25/03/2018, 20:34:01 UTC
The only reason ASIC manufacturers sell ASIC's is to maintain the illusion of a distributed network, they don't want you to make profit.
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Topic
Board Mining (Altcoins)
Re: MINING STILL PROFITABLE?
by
pickleburglar
on 25/03/2018, 20:27:01 UTC
Keep in mind that since yesterday the GTX 1060 3GB cannot mine anymore Ethereum due to DAG 177 difficulty increase so if you have not yet bought your cards do not buy one of these.

DAG won't reach 3gb until a year from now, if you are unable to mine then you're getting screwed by your OS (win 10 i'm guessing?) There is no reason not to use win 7 or linux on a 1060 rig.

Also DAG size is unrelated to difficulty.