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Showing 9 of 9 results by sushimi123
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Topic
Board Mining (Altcoins)
Re: best graphics cards?
by
sushimi123
on 14/06/2017, 04:35:56 UTC
Nvidia GTX 1060 3GB or 6GB are about your best option out of what is more readily available to put together a rig ASAP with all the same cards, at a resonable cost. BBT posted a video of the 6 card rig he built with the PNY GeForce GTX 1060 3GB XLR8 OC Edition

165+ GPU
1000+ MEM
~23.5mh ETH and ~268 SOL/s ZEC each @ ~60W per card.

https://www.youtube.com/watch?v=1uhSfOpvHks&feature=youtu.be&t=7295

Dag won't reach 3GB until early next year, so you should be good until then. The only problem with the 3GB cards you won't be able to dual mine effectivly.
Hey ive been in bitcoin for a while but honestly im pretty new to altcoin mining, could you explain what you said about the dag reaching 3gb, also dual mining. Should I wait for the dedicated miner card that nvidia is coming out with very soon?

The mining cards that Nvidia will be realsing will be based on the 1060 from what I have read. Mainly just without a video output. I think performance will be similar, maybe ~10% - 20% better and probably cheaper since they only have a 3 month warranty. The Dag is the dataset needed to be stored in memory for the POW mining algorithm used by Ethereum. It grows in size by roughly 0.73x per year. Current size is ~2.1GB and once it exceeds the VRAM on the card, it can no longer proceses the transactions required for mining. Dual mining is a feature where you can mine two diffrent POW algorithms at the same time, therefore incressing the efficiency of mining.
Thank you! does the difficulty increase as more miners/higher hashrates come in similar to bitcoin? Wow ive never heard of dual mining, so you could get almost double your profit, as long as the altcoin has similar profits? Does it run slower or can this cause overheating on your hardware?
Post
Topic
Board Mining (Altcoins)
Re: best graphics cards?
by
sushimi123
on 14/06/2017, 03:06:20 UTC
Nvidia GTX 1060 3GB or 6GB are about your best option out of what is more readily available to put together a rig ASAP with all the same cards, at a resonable cost. BBT posted a video of the 6 card rig he built with the PNY GeForce GTX 1060 3GB XLR8 OC Edition

165+ GPU
1000+ MEM
~23.5mh ETH and ~268 SOL/s ZEC each @ ~60W per card.

https://www.youtube.com/watch?v=1uhSfOpvHks&feature=youtu.be&t=7295

Dag won't reach 3GB until early next year, so you should be good until then. The only problem with the 3GB cards you won't be able to dual mine effectivly.
Hey ive been in bitcoin for a while but honestly im pretty new to altcoin mining, could you explain what you said about the dag reaching 3gb, also dual mining. Should I wait for the dedicated miner card that nvidia is coming out with very soon?
Post
Topic
Board Mining (Altcoins)
best graphics cards?
by
sushimi123
on 14/06/2017, 00:53:25 UTC
Hey as I cant get my hands on any rx 470/80's im looking for some suggestions as alternates with the best hashpower (has to 20 or over) and a friendly cost, also I dont know if this matters but I want to build a rig with 6+ cards.
Post
Topic
Board Altcoin Discussion
Re: Will there be a flippening?
by
sushimi123
on 13/06/2017, 08:31:00 UTC
Yes, the price of ETH's marketcap will go over that of bitcoins very soon(possibly even today or this week).

The price has been surging and for a good reason. ETH has an upgrade in their code coming out within the next few weeks. The price is going up now because people are pricing in the expectation of ETH releasing their new version soon.

When the new version is released it will likely go even higher. There is also another version upgrade to be released sometime in 2018. Their roadmap is clear and more precise, vs bitcoin who has a bunch of Jihan Wu drama.

Precise roadmap - centralization, anyway, I do think that ETH with its huge supply and another supply through its coming PoS will definitely surpass bitcoin in terms of Marketcap, which can give an illusion that ETH is more valuable and being number 1 to a new person in cryptocurrency which in fact we all agree that this coinmarket cap offers nothing other than estimated price of total coins.
If its simply supply going up thats causing this market cap that'd be a very scary thing as this means the rapid growth in etherium is basically just an added supply of coins which should in theory drive the price down
Post
Topic
Board Altcoin Discussion
Re: Will there be a flippening?
by
sushimi123
on 13/06/2017, 06:22:56 UTC
As I explained in a previous  post, the price of an altcoin does not show its importance. For the same reason, the marketcap, which is simply the price multiplied by the total supply is a bad indicator of the importance of an crypto-currency. We thus can not use Ethereum total valuation to argue that there is a flippening.
It seems to be a very difficult question, because I still could not understand What is the value of the crypto currency. If you take for example the dollar, then every dollar has its share of gold in the state's Gold Reserve. But Bitcoin, it's practically air, which costs fabulous money.
Its backed by math or the countless hours of computer power from bitcoin farms that cost hundreds and thousands of dollars to build
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin or Altcoin?
by
sushimi123
on 12/06/2017, 23:42:45 UTC
Yeah it would definitely crash but as more tech starts to adopt cryptocurrency theyre going to go with the currency with the most amount of following & functionality, as in even if there is a coin that trumps bitcoin in functionality companies would feel a lot safer to adopt an OG coin which has had a steady following for the past decade with proven usability. Not even trying to persuade against altcoin as I have a few ethers but thats my two cents on once cryptocurrency becomes a more household name
Post
Topic
Board Trading Discussion
Re: did you place all your funds into bitcoin?
by
sushimi123
on 12/06/2017, 21:35:11 UTC
Lol I put like 80-90% of my savings into bitcoin at 2k but then again I am just a college kid who doesnt have to worry about bills for the next couple years
Post
Topic
Board Trading Discussion
Re: When do YOU sell?
by
sushimi123
on 12/06/2017, 21:20:16 UTC
honestly if its really obvious, like at the $3000 mark with all the talk of august 1st it was so obvious it was gonna have a crash. Also if its at a rapid runup I'll usually put number in my head and sell at that number.
Post
Topic
Board Trading Discussion
Re: Hold or Sell
by
sushimi123
on 12/06/2017, 20:55:55 UTC
Damn I sold a little chunk of bitcoin at basically the lowest point of the price dip, hoping it was going to go to 2200 and buy up again but i guess not