Hello Reddit! I'd like to welcome you all to try Foreman, our miner management platform. Site: https://foreman.mn/ Demo: here What we offer:
Hash rate monitoring
Remotely change ASIC miner pools
Remotely reboot ASICs
Earnings reporting without needing to provide your wallet addresses
Centralized pool metrics
Alerting when things go wrong
ASIC and GPU support
NiceHash, MiningRigRentals (and AutoMiner), and ProHashing integration
HiveOS, nvOC, Linux, and Windows support
What we support: (user request driven - you ask, we add support) ASICs and FPGAs:
ccminer (and forks)
sgminer (and forks)
suprminer (and forks)
If you're still with us, check us out. Fully free for 30 days! If you have any questions, don't hesitate to hop on our Discord. BitcoinTalk: here Medium: here Twitter: here Open-source: here Happy Mining, The Foreman Team
We are back! For the last 2 years there was not much to shill in mining mining was on the life support. And the profits constantly got decreasing. Start of 2020 Bitcoin and Altcoins are showing great performance in price action. This price action has also increased mining profits in some coins for more then 100% since december 2019. It might be to early to say that “we are back” , as crypto can be so unpredictable. But there is a lot of signs that we have now oversold a lot and value of crypto market is increasing steadily. We might see this pattern continue for good bit of times as BTC halving is coming up in 3 month. Let’s get in straight in. I will choose 3 hardware devices which in my opinion would be the best choice and we will see how profitable they are. If you are new to mining and you want to know which devices to choose, choose from top market cap coins latest equipment. This will be your safest bet, as the mining profits are much more stable on bigger cap coins then on smaller cap coins. If you are small miner and don’t have large electric bills, you can choose smaller cap coins. They might go up in price lot faster then bigger cap coins in bull market, but be aware they they might dump lot faster. It is high risk high reward type of mining. If you are really serious about mining, you need to look at cheapest power source possible which would be in 0.05c a kw/h range. It is not 2017 and mining from home wont be profitable at 0.30c a kw/h. Industrial power is possible to achieve 0.05 in many places in the world. If it is not possible in your country , look for the country where it is possible. So all profit calculations done for 0.05c a kw/h Top mining profitability websites :
https://www.asicminervalue.com/ It is great website to see newest ASIC miners and their profitability. Usually the new upcoming mining machines gets listed here. So come and checkout this page every few days/weeks this page if you are serious about mining.
https://whattomine.com/ Is the best known for GPU/CPU mining profitability. You can choose what ever hardware to use and it will give you the best and most profitable coins to mine. It is very simple to use it. It does have Also asic miner profitability check, but for asics i do prefer asicminervalue,com
Bitcoin – Most suitable Antminer S17+ . It is one of the efficient Bitcoin miner currently publicly available, alternatives would be M20s miner and Avalon miner 1166. Antminer S17 efficiency is 73TH/s @ 3000watts . Current profitability after you have paid your electric bill is 7.82 usd in 24hours , with ROI achievable in 6-7month. It does seems great, but crypto doesn’t stand still. And has plenty of risks.
Ethereum – Best miner to use is RX5700 graphic cards mining rig. I know there is an ASIC miner available A10, but most of you who are in mining will agree with me, that it is complete junk. It is only slightly more efficient then RX5700 gpu rig in terms of price per hash and watt per hash . But it is 10x more riskier investment in mining rig then buying GPU mining rig. So the efficiency of 12xgpu RX5700 mining rig is 640 mh/s @ 1700watts. Current profitability after you have paid your electric bill is 7.62 usd in 24hours , with ROI achievable in about 20-22 month. Ethereum is one of the underdogs which could perform quite well in 2020 and might reduce your ROI much more faster.
DASH – Lately has been released most efficient DASH miner STU-U6. Asic miners are very risky investment, but sometimes they might be very profitable. The beauty of this miner is that it is quite new model and it is mining profitably DASH , even that DASH is still over 90%down from its all time highs. This miner performance is 420GH/s u/2100 watts. Current profitability after you have paid your electric bill is 8.11 usd in 24hours , with ROI achievable in about 5-6 month.
Have you been up to date with major Crypto news from this week?
Coinbase talked to US regulators about the possibility of obtaining banking licenses.
Coinbase has invested in a cryptocurrency startup that lets users earn interest on cryptocurrencies.
Switzerland is considering the possibility of a state-backed cryptocurrency according to a Reuters report.
The Wall Street Journal (WSJ) reviewed documents on 1,450 digital coin offerings and found that 271 of the coins had red flags that include: plagiarized investor documents, promises of guaranteed returns and missing or fake executive teams.
Bitcoin’s lightning network (LN) is approaching 2000 functional nodes as users are now highlighting the cost savings that come with the technology.
New York just granted its 5th BitLicense to Genesis Global Trading. The platform supports Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH) Ethereum Classic (ETC), Ripple (XRP), Litecoin (LTC), and Zcash (ZEC).
Canaan, a Bitcoin mining company is filing for an IPO in Hong Kong. The firm creates Avalon hardware equipment, produces ASIC mining chips and rigs.
Germany’s Stuttgart Borse, its second largest stock exchange, has announced it is launching a zero-fee cryptocurrency app.
Former JPMorgan executive Blythe Masters discussed Digital Asset’s (DA) efforts to integrate blockchain technology into capital market functions at Consensus 2018. DA is a startup that is working with the Australian Securities Exchanges’ clearing system and intends to integrate blockchain clearing on the ASX by late 2020 or early 2021.
The first commercial bond transaction using blockchain has reportedly been completed between Russian Bank Sberbank CIB and telecom firm MTS. MTS placed USD$12.11mm worth of bonds with Sberbank being the primary buyer using delivery versus payment method of settlement.
The Chinese government has been working on a rating system for roughly 28 cryptocurrencies and Ethereum (ETH) was ranked number one. The government ranked cryptocurrencies on technology, application and innovation.
Spanish bank Santander has become the first company to use blockchain technology for investor voting.
Nomura, Ledger and Global Advisors are planning on building a secure digital asset custody solution. The firms are creating Komainu, a project aimed at asset custody for institutional investors.
The U.S. Securities and Exchange Commission (SEC) launched a fake ICO today called HoweyCoin.
Coinigy is launching a subscription-based cryptocurrency trading mobile application via Coinigy Mobile.
CNBC’s Brian Kelly is launching a Blockchain ETF. The ETF will be actively managed and consist of a portfolio of 30 companies actively using blockchain technology
Telecom firm Nokia and Software company OSIsoft is partnering with Blockchain data platform Steamr to allow mobile customers to monetize their user data and make purchases.
FuzeX has created a smart eCard that enables shoppers to store up to 15 cryptocurrency accounts, 10 debit or credit cards and five reward accounts in one place.
Coinbase said that it will be upgrading its services to cater to ultrafast traders. This upgrade will make Coinbase one of the first bitcoin exchanges to welcome high frequency trading.
Social cryptocurrency trading and brokerage firm eToro is expanding to the United States in an announcement made at Consensus 2018.
HTC is selling a blockchain phone that will be dedicated to decentralized applications and security.
Cryptocurrency firm Circle, which bought cryptocurrency exchange Poloniex in February, has raised USD$110mm in Series E funding. The funding round was led by Chinese firm Bitmain Technologies and Blockchain Capital, Pantera, Digital Currency Group were other notable investors.
IBM and Veridium will be joining forces to bring carbon credits onto blockchain with the goal of making it easier for companies to offset their environmental footprints.
Thomson Reuters (TRI) is launching a cryptocurrency real-time rates data feed. The firm will be providing an API interface giving users data from various cryptocurrency exchanges such as Bitflyer and Bitpoint.
The banking unit of Japan’s Mitsbuishi UFJ Financial Group (MUFG) plans to trial its own cryptocurrency as early as 2019 according to Cointelegraph
Bitbond, an online Germany bank is now allowing customers to transfer loans using Bitcoin
So I'm considering my first mining rig, because I'd like to get into bitcoin (not for the big digibucks) and I wanted to check my reasoning with the this subreddit. I see a lot of disrespect for the Block Erupters, but the cost has come down a bit. Using this configuration, you get 3GH/s for about $1200 in GPU's. Not counting the rest of the build, that nets you 2.5MH/s per $1. Using USB Block Erupters, you get 330MH/s for (based on current exchange) $90.3. This works out to 3.6MH/s per $1. Doesn't it make sense to build a mining rig out of Block Erupters instead of a costlier GPU rig which sucks power and makes noise? EDIT: Added mining rig link.
Consider Asics as a box full of money that spit out some every day. Knowing that would you...
An Asic is like an ATM full of money that spits out some every day. Due to the nature of mining, given that a fixed amount of Bitcoins are released every time period, regardless of the total pool of processing power, as the sum of the processing pool increases, each Asic will release less and less every time period, day or week or what have you. So you have some of these money printing boxes, or ATMS, or Asics or whatever you want to call them. And you sell them on pre-order for X amount of dollars with shipment at some ill-defined time in the future. And now you face a choice. Of course your primary motivation as a businessman is making money. You have in your possession machines that do just that, They spit out money every day. Albeit an amount of money that decreases every time period, for each money box, as the total processing power pool in the wild increases. Of course, as you wait to ship them out to the people who pre-ordered said money machines you have them plugged in so they can make some money for you in the mean time. And you have a cost associated with running them as you wait to ship them to the buyers. The cost of the electricity to run them. The electrical cost is relatively fixed for each time period. It doesn't matter how much money the asics are making each day, they still consume the same amount of electricity. So they are making money every day, less and less every day of course, as more and more asics are coming online. And you are pocketing that money, and paying your fixed electrical cost. So the choice you face is this: do you ship them out today? Or wait another day? And the answer is simple, As long as they are making enough money to be profitable, you keep them and pocket the money of course. Why would you send a box full of money to someone else? Remember, you're a businessman, in the business of making money. So anyone who preordered an Asic can rest assured of when you will get it. You'll get it on the exact day that it's not worth it for whoever has it in their possession to keep it plugged in spitting out money!
MaxiMine Forms Strategic Partnership With Jinse Finance as Salon Series Hits Chengdu
https://preview.redd.it/yc08sl4febz21.png?width=949&format=png&auto=webp&s=df276174e470dd9393f5f4ce45eda99af958ae5f Distributed cloud-based pool mining platform, MaxiMine, is honoured to announce that it will be joining the incoming Jinse Salon Series as a strategic partner this May. MaxiMine’s CTO and Operations Executive (China), Mr. Yao Kunhua, has been invited to be a guest speaker at this event and will be speaking on the ecosystem of MaxiMine’s mining farm that promises to invigorate the crypto mining scene. MaxiMine's CTO and Operations Executive (China) Mr Yao Kunhua Mr. Yao is an early investor of Bitcoin and has always believed in its innate potential. As an expert on blockchain technology and its technical infrastructure, Mr. Yao is well-versed with fintech and has had seven years of experience in the blockchain field. Mr. Yao was also one of the earliest business partners of the mining pool, antpool.com, that was reported to be the largest Bitcoin mining pool in 2018 based on its Bitcoin network hash rate. Following the successful launch of the Avalon Mining Rig 1st Generation in 2013, Mr. Yao started his own mining farm that has since expanded quickly in both scale and capacity. With multiple branches across the region such as in Inner Mongolia and Sichuan, its unrivalled growth has broadened the scope of its services and strengthened its research and development sector. Presently, the farm claims ownership of over 20 patents with many new proprietary technologies under its belt. A common saying circulating in the crypto mining circle goes like this: “Success hinges entirely on the riding of the tide.” To those familiar with the crypto mining industry, a rise in tidal waters is a cause for celebration as it signifies a greater electricity output with lowered utility costs and wider margins of profits. During the wet season each year, it is a race among miners to scour the land for the lowest cost of electricity to ensure a smooth sailing ride into monetary victory. As the wet season is just right around the corner, what can people expect the outlook for miners to be this year? The theme of the upcoming salon in Chengdu — Mining: Riding the Wave of the Market into the Future — seeks to address the above question and will delve deeper into the infrastructure and ecosystem behind a successful mining farm. The event is set to begin on 23rd May 2019 at 1 pm and will be graced with the presence of several industry representatives from renowned blockchain corporations. In addition to MaxiMine CTO, Mr. Yao, who will be speaking at the event, a few other illustrious names in the industry are also been added to the list of guest speakers. Some of these speakers include BTC.com CTO, Zhuang Zhong, Blockin co-founder and Operations Executive, Zhu Fa, Antpool.com co-founder, Tian Xin, Tomorrow co-founder and Vice President, Weng Ziyao, Head of Chouge Mining, He Kan, Canaan Blockchain Business Unit general manager, Shao Jianliang and F2pool Marketing Executive, Liu Chao. Participating Brands at Jinse's 28th Salon Series A panel discussion themed “Pushing Boundaries During the Wet Season and Seeking Where the Future Lies” will also be held, and will be helmed in with invaluable insights and contributions from the distinguished guest speakers. With such an exciting line-up, one cannot help but stay tuned for more. About MaxiMine MaxiMine is a highly efficient and transparent cloud-based pool mining platform. Its headquarters is located in Singapore and has a strong international presence in the industry. Since its launch, MaxiMine has been garnering positive attention for its innovative business model and operational capabilities, paving the way for unfaltering growth ahead. To find out more about MaxiMine, visit their socials at: Website: https://maximine.io/ Telegram: https://t.me/maximine Reddit: https://www.reddit.com/maximine/ Twitter: https://twitter.com/maximinecoin Medium: https://medium.com/@maximinecoin Bitcointalk: https://bitcointalk.org/index.php?topic=3247389.0
BFL lied to customers, I may as well share how they flat out lied to us as well
might as well post these emails since shit's hitting the fan
Hi [killhamster], Thanks for your patience. It looks like the site issues are mostly fixed. My name is Jeff Scott and I bought Buttcoin.org because I believe there is space for an Onion type parody site in the Bitcoin world. But let me be clear - I like Bitcoin. I believe in it. I also know many of the companies who operate in Bitcoin. Some of the owners of these companies are friends of mine. And thankfully, many of them have a sense of humor and understand parody. In order for Buttcoin.org to survive, it needs to generate revenue. In order to generate revenue, you need to attract advertising from the people who are making money in Bitcoin. My job is to sell this "parody" business model to them and convince them that we can do our parody in a way that will make fun of them and Bitcoin but won't hurt their businesses. If we can walk that fine line, we can generate revenue and still remain cutting edge and humorous. While I don't necessarily agree with whitewashing bad news, I think stories can be told in a way to take digs at companies and products without harming their reputation too much. The article about Butterfly Labs at the top of your popular stories is a good example. Do you know how much money Butterfly Labs has made in this industry? It's quite a bit. And they advertise a lot. That customer alone would pay for our expense (and more) per month. But they would never advertise with us in the current state. The bottom line is this - Buttcoin.org will not be forum troll bait any more. Bitcoin is bigger than Bitcointalk and Reddit. We're in new territory. If we want to capture revenue, we need to build this site into something new. We have to change the way we write stories. One of the first things we need to do is clean up some of these older articles. The Butterfly Labs article is an example because it's a top story. I took a stab at making the post positive for now until we can figure out our "new voice." I need to start attracting advertisers. I would like you to rewrite the Butterfly Labs stories so they are not forum troll slams, but parody. Here's an example of a headline that would take a dig at the company and Bitcoin but maybe give them a little boost. Current headline: The Butterfly Labs Mini-rig is a huge broken unstable piece of shit. (it has been proven that while you might not get rich with one, the product is not that bad) Possible new headline: Butterfly Labs Mini-rigs Mine Detroit Out Of Bankruptcy. "The Detriot city council finally took delivery of 2 Mini-rigs from Butterfly Labs..." This is just an example I thought off the top of my head. It takes a dig at Bitcoin, the fact that the Mini-rig will not make anyone rich, but at the same time doesn't offend a possible advertiser. So, this is the direction I want to go. There is a place and budget for a writer who can help make this happen. If you think it's you, please let me know and we can work on moving forward. If you cannot accept this new direction, we will have to part ways right now. Thanks
A second, clarifying email
I don't necessarily want to tone down the site. I just want advertisers. I understand your feelings about Butterfly Labs. I know the industry quite well. Avalon had issues, KnC had boards explode in the wild and I don't see any articles nailing them for shipping less than perfect products. Every single hardware manufacturer has missed their target dates for delivery. It's not just BFL. BFL did just ship out 45,000 bitcoin miners which is a pretty big task for a company that started 2 years ago and I know they are replacing units that are not functioning. But this is not the point. They pay another site (I know the owner) $1000 a month to run banners. I can make a deal with them overnight. This doesn't mean I am tying myself to them. It means I am taking their money. I'm not sure how much [FCKGW] was paying you to write, but I think he mentioned a % of revenue and adsense couldn't be making that much. Let's make fun of Bitcoin and Bitcoin Mining, but try to stay brand neutral. Let me know if you're interested.
after we caught them saying the BFL minirig is a big sexy mining machine
The BFL stuff is temporary. I want to rewrite them later. If you want to change the author on them for now that's fine. I'll do that. I'm working on a deal for ad space with them. It's an olive branch. Sorry slammed today. Will answer the rest soon. Thanks
after these it was mostly me saying "hey the site is down check it out" and him saying "OK"
Tera Hash Rate is going to explode. What happens afterwards?
Bought myself a 5GH/s BFL miner. Not expecting to see it until June. Numbers like this make me fear even wanting to connect that device to my PC when I get it... Will it even be worth mining without a Mini Rig SC or Avalon at that point? " In the next few months, Bitcoin network hashpower will only continue to increase. Avalon’s three shipments altogether will make up a total of 1500 units, or over 75 TH/s, and ASICMiner is planning 50 TH/s by the end of April, and 200 TH/s soon after. By the end of the year, ASICMiner’s friedcat writes on Bitcointalk, ASICMiner’s total hashpower may be as high as 1000 TH/s, and friedcat even adds that “some may say that 1,000TH/s at the end of this year is too conservative.” " Link to article hosting this quote: http://bitcoinmagazine.com/bitcoin-developer-receives-first-butterfly-labs-asic/
IBM 2880W PSU/Breakout Boards - *NEW* Package deals for T9/S9 & A7
Please see here for IBM 4K PSU packages: https://bitcointalk.org/index.php?topic=1308296 Please see here for GPU rig powering packages with all adapters necessary to run rigs off these PSU's! https://bitcointalk.org/index.php?topic=1864539 NEW - PACKAGE DEALS The "Get Me Going" Package (Tell the wife her dryer now runs on 12V and has blinking lights and loud fans) Simply add a C19 cable. - 1x 2880W PSU - 1x Breakout board - 10x 24" PCIe cables The "Double A (AntmineAvalon)" Package Enough to power 2x Antminer S9's for as cheap as possible - 1x 2880W PSU - 1x Breakout board - 20x 24" PCIe cables - 1x C19 power cable of choice (see below for stock) The "Royale With Cheese" Package (Perfect to run 2x Antminer S9's, mixing and matching lengths for flexibility and value.) - 1x 2880W PSU - 1x Breakout board - 11x 24" PCIe cables - 11x 36" Deluxe PCIe cables - 1x C19 power cable of choice (see below for stock) The "Pimp Daddy" Package (Add a 50A circuit and go big, with PDU included for clean, simple & safe install) - 3x 2880W PSU - 3x Breakout boards - 1x 40A 4-port PDU with breakers for each circuit - 30x 24" PCIe cables - 30x 36" Deluxe PCIe cables - 3x C19 power cables of choice (see below for stock) Boards and cables ship from Canada, PSU's ship domestically in the US to save on shipping and any potential duty/taxes at the border. Individual pricing Note: Bulk pricing is available, please contact me. Board price - $65 each. PSU (Refurbished) - IN STOCK. Includes ground shipping within the US. I can supply PCI cables in two different configurations: -36" Deluxe, high quality 16awg made in USA- $4.50 each (IN STOCK) -24" standard 16 AWG cables - $2.50 each (IN STOCK) C19 to C20 cable (14awg, 1.6M) - $12 each C19 to NEMA 5-15P cable (14awg, 1.6M) - $12 each C19 to NEMA 6-20P (12awg, 1.6M) - $12 each 40A continuous-rated PDU (requires 50A circuit): $120 24A continuous-rated PDU (requires 30A circuit): $60 60A 3-Phase Delta current-monitored PDU with remote access: $350 LEASING CONTRACTS I have started to offer leasing packages for use in approved Data Centre/Co-locations. This can be beneficial for many reasons: -Less upfront capital required, allowing more to be spent on additional mining hardware which can offset much or all of the cost of the lease -Limits risk and cost of equipment failure, and associated down time due to failures -Saves shipping costs for heavy PSU's to and from hosting location for duration of your contract -No equipment depreciation -Helps eliminate ownership problems associated with Group Buys, when more than 1 member shares purchase price of PSU to host together -All maintenance, replacement, shipping, setup, and lost revenue from down-time due to PSU failure is my responsibility Please contact me for details. Shipping Shipping will be calculated individually, to make sure you are getting the best rate. All prices are in USD. I am willing to accept escrow through OGNasty, and can also do Paypal but buyer will be responsible for covering costs of either services (4% added to paypal, OG charges 1% for escrow). Each package of PSU, breakout board & 10x PCI cables is approximately 16 lbs. The BTC address for all non-escrow breakout board orders is here: 1GWQYCv22cAikgTgT1zFuAmsJ9fFqq9TXf I will not PM you asking for payments to any other address, so beware of F1nksy, Fink5y, or whatever scammy names might pop up. Original Post: Hi everyone, I am the official North American distributor of Break-out boards for the IBM 2880W Bladecenter H PSU's, which are 80+ platinum rated (94%+ efficient) Edit: UN-VERIFIED AT THIS POINT and have provision for 22x PCI-E cables. Unlike other server boards, these don't rely on screw-down terminals and bare wires which can get loose and spark causing fire hazards, and limit the exposure of live contacts to surfaces above and below the PSU. Instead these use a double-sided PCI 6 pin cable, which only cost about $0.10 more than the standard PCI-6 to bare wire versions. Also, unlike the DPS-2000BB -which is the next largest server PSU available for miners- these have fans already built-in, so don't need extra work to set up up and deploy. The PSU's themselves are available on e-bay and elsewhere (I sell them as well), and the boards will be priced at US $70 $65 each (better pricing for bulk purchase, volume structure will be the same as J4bberwock's). Each PSU can handle 2x Antminer S7's, 3x SP20's, 5 Antminer S5's, or 8 Antminer S3's. You won't find better value for power, and there are very few ATX-based PSU's that provide 80+ platinum efficiency (and none for under $200 for even 700-800 watts). Edit: UN-VERIFIED AT THIS POINT Lastly, unlike ATX-based PSU's, these can be run at (and I have found even over) their rated power, as they were designed that way for server use. They do, however, require 240V input. Also, running these over at over 90% load will give you slightly decreased efficiency, and could affect their reliability. I have personally taken 3x SP20's to settings around 960 watts (at ports, not at wall) each for approximately 2 weeks, and the PSU drew 13.41 amps (@ 235 volts - 3150 watts @ wall). So at absolute full load (or possibly over), these will still hold over 90% efficiency. Very impressive, and I will be testing different fans to reduce sound for home mining (fans on these PSU's are slightly louder & higher pitched than SP20 fans). Sloopy informed me that he ran 11x Antminer S3's on a PSU for a while (over 3,300W DC!), but that is certainly not recommended, and will eventually cause the PSU to fail. It is simply a testament to how tough these PSU's truly are, and that spikes over their rated output shouldn't affect performance. Here are some pictures: Feel free to contact the developer of these boards if you have any concerns, he will verify that I am authorized to sell these. https://bitcointalk.org/index.php?action=profile;u=206446 Here is the spec sheet with efficiency rating: http://www-03.ibm.com/systems/bladecentehardware/chassis/bladeh/ Thank you for your time, Finksy J'observe qu'il y a plusieurs Québécois sur se forum. Mon Francais est au niveau primaire mais je peux communiquer sans probleme. Me gusta mucho aprender español, y tengo un conocimiento muy básico (con traductores). Pruebame, si eres paciente Here is my PGP key for anyone wishing to send their personal information encrypted: Code:-----BEGIN PGP PUBLIC KEY BLOCK----- Version: GnuPG v2 mQENBFTl/j4BCADw0a0fUisOWh16Yl1/SC8p2vcGoGgV4MwxeaLSoLRdT2437E51 kd5giYj6Ki8ByNTunXBRr01yXplxL1Pp3yTo/GFmNqEm3XwIaq+rRRP6EIKb3U6Y SWSXfeck8J3+HJXrcCEdBA+Hp+ey8Mjg3/eb1ILMld+WKJPPDCQNKK3GJEp7DLtH Rtybq0BCsXou90KxHr37k0MQJY6u6zsM5yl0gpK5dVqZvIOfX+5MGb2hsfilU2cF 9ZJQt72LCwkdcxgRxBGYT6qVZtOoFe5RwI9nxGGRrlsCxG9vAf9sVUxSiY03najM r7qM8hQPGMtn79SLnkkQM4gt7suy3w1SJm6BABEBAAG0G0ZpbmtzeSA8cmZpbmtz NjlAZ21haWwuY29tPokBOQQTAQIAIwUCVOX+PgIbAwcLCQgHAwIBBhUIAgkKCwQW AgMBAh4BAheAAAoJEGhX1pvgBfqVKDEIAJA7ashSYaVUS/HUKB1F2nYEYtf2PlHn EvluHzsrND0XdMkKEI/vavZ4UHfAdFISmFhickLeLwvSI3TotVDtYd7dDkwT3rIs +QJCXMIRDFnyCge7o9DH4HwSWq8tQ+6xsPXBdJANR9kG+RtipatqJv3Yt8wEzYwu ECnkBnpu1rxhMgYGJhgaVNyhAEPKVUPfsFBTEpkQ9YppPFZp99Ahdk8pQoAUBKzQ +++oW7ju3OWBpRluPIWYvYvdfG+d29dAq5iQJBIdm/RCDxw0hidMeOxOqTpi0g55 W+XY5+DrKSnOpHy+LvC0Uss0xGZ0f/pmEDiNuZbJ96ZEL1rYefgfDKO5AQ0EVOX+ PgEIALZgnlkXFcm0jnEY33LWBDkpIihbMM8XAauwi3gS9G/GzqBG+ETq14g2AyW9 6O1TrVFm2Ue/KiT+sl4iekkcRCbjYgkr9eG82l56YazbSRoH84aX3KBx95BMAY96 O2IE52fySYaqj1SBRSgVJSCh1A6Wami/zQhqdND6tk92af4VmSKyR1yWOKqbE/v9 0uPJ+VWA/0CipSUVJS6GZmSfPCeHVTg3YGR2dzRploXl4qrB5leHvOmj2VwW2bzF 6YZKut5uqREJ2euchpyPMg8EMC9QOXPAZxDQMUJAIxTQviShsakGbFd2SrUaKPz/ Sk3Qj1S6ZE9ZgbxMyB9bGMWMa68AEQEAAYkBHwQYAQIACQUCVOX+PgIbDAAKCRBo V9ab4AX6lYqnCACPHiLN8OEyD320N107l2dywIopCBa7ZfTBXPJ5syRuMcyBOXXT 2hZy7YpWr6IrV3foOUNF3rD1ECerj7oYhx7hgkTJe7rM3+mhONZM6beXzgFG+HO3 FCiUz/thif0zkJTAjygmAB1KHNH+0AIcdRsD46N1MsPp5YeN0geF1LE50+4gvtwf W412vGqA5bYwJ8a71Gp8SAR4YWuXKt0FKSp7iCF91pSunbY7VbaqxR0H7LkaKRVZ 9m30OK7Osu396FwYxBIX1UDLMjgfMATYvkzXYvRpPAnStJGmVB/YvcX+9sQeRQE1 BKAtkyAGpzKQZ0TFd94jgevGONQ336QqHF =mRrl -----END PGP PUBLIC KEY BLOCK----- I will honour a 10-day return/exchange for PSU's or Boards that are DOA. However, these PSU's are used and although I try to briefly load test them all before sending them out, it is impossible to predict failures. As such, no warranty will be offered beyond what was previously mentioned. If you are looking for more peace of mind, please feel free to source PSU's yourself either new or used. BitcoinTalk Link to Contact
After the excitement of A Team playoffs, it would make sense to take a night off, relax, and watch B Team bois have some good old fashioned fun, right? Right? B Teamers are savages. B Teamers are created when the primordial sludge of popped Majors, Minors, and A Teamers are drained off and the combined fluids coagulate into balls in the incestual birthing pit. Like Uruk Hai, they’re snatched from the womb ready to chat shit and get hit. Their techniques are unrefined but the sheer tenacity of these little ankle biters is enough to strike fear in the hearts of the most senior Tagpro players. Flags have been capped, powerups have been fought over, and these teams have weathered the regular season only to head straight into the hurricane known as that bitch Irma who delayed the season a week, but also known... as playoffs. MATCH #1 CLOCKS N BLOCKS VS C.R.E.A.M. “Familiar With Respawn” z0mbie, “Worse Deity” I Am Zeus, “Currently Embalmed” ping tut, “Plays O Cause He Got” no defense, “Has No Areola” legit nipple, “Eats Out Little Boys” Shere Khan, “Straight Outta Neverland” Peter Pan, and “No Chance In Hell” Snowball VS “Gushing Granny” Dew1234, “Founder Of The JJJ” Jeremy Jamm, “Absolute Zero” kelvin, “These Dudes All Sound Like Elements On The Periodic Table” Markam, Klovar, Trituin, and Halve C’mon. It’s fucking cocks and cum. Can the CRC please investigate markam and horse for rigging because they must have planned this out. Y’know what, fuck it, neither of you win. CNB and CRM are both disqualified for rigging and Needful Pings not only get in but are rewarded with a bye for having a little class. MATCH #2 TC JUKES VS FUNKETOWN (I’M NOT BOTHERING WITH THOSE DOTS) “I’ma Let You Finish, But NEU Had One Of The Best Offending Seasons Of All Time” T-Swift!, “Actually An Okay Guy” degenerate, “Sets Off Allergies” PoppyBall, “2nd Most Adorable Tagpro Name” snuggles, “Chieftess” Tonto, “Not The Subway Guy” Jarek, and “Why Are You On D If Your Name Is” MrStealYoFlag VS “Is This A Rapper? I Don’t Really Know A Lot About Rap” ill Fayze, “Not A Horse” Twilight, “Achieved The Rank Of Count” Monte Cristo, “GOAAAAAALLLLLLLLLLLLL” Victor Messi, “Has” Fitz. “When He Loses, “Short Order” Cook, and “Lucky” LarryLuciano Funketown is still a shit name. FNK isn’t really funky or, uh, funke, so TCJ jukes them out and wins I guess. TCJ wins in six because wolfcola is bad at choosing names. MATCH #3 BALL OR NOTHING VS PI-CURIOUS “Nihilistic” Nilus, “Types ‘Du Hast’ In Every Game” RAMMSTEIN, “Boss, What Took You So Long” -Kaz-, “Are You Tough Enough To Snuff The” SluffandRuff, “Number Of The Slightly Lesser Known Beast” 777z, “Squeaky” Keekly (My personal favorite), “Despicably” Devious, and “Younger Brother Of clew And clew2” clew3 VS “Uses Visa” MasterCard78, “HOLY SHIT IT’S” sodaboy2020, “Has No Manners” nanner, “Robb Stark” TheYoungWolf, “High In Celsius, Even Higher In Fahrenheit” hot diCe, “Sounds Like Gum” WRIG, and “Doesn’t Describe His Play” Elegant Once again, Ajax didn’t take how hard it would be for me to make a joke about the team name into account when he created BoN, so I turn my attention to Pi-Curious. If BoN can throw pies on the map to distract PIC they might have a chance, but God help them if the bakery fucked up and sent cakes. You do not want to offend a pi-curious man by giving him cake. BoN pulls out a hard fought win with pies or gets roflstomped in case of cake. You probably don’t even care about the predictions. You’re here for the nicknames. MATCH #4 CIRCLEJUKERS VS THE LAND BEFORE TIMERS “Yet To Be Knighted” Sir Cle Jerk, “We All Have Crippling” Sadness, “Can’t Find The” CLITLER, “Saves Chips For A” lazyday, and “Yer A Memer” Swagrid VS “Pineapple Gobbler” j0ules, “That Sound When You Slip On Ice” Skwid, “One Letter From A Ban” chuckk, “Broken Caps Lock Button” YUNG ZEEF, “The Island Was The First Result On Google” Avalon, “Went To Harvard” Stanfordite, and “Not Quite Hammer Pants” PillowPants As discussed before, TLBT have an innate ability to stop the opposing team’s timers. However, this actually plays to their disadvantage today because CJ juke on a schedule and get very upset when they can’t keep track of the time. CJ come out and win every round in which they play the blue balls, and I have the feeling they’re very blue balled already. CJ win in seven games and release some pent up frustration. MATCH #5 REKT ANGLES VS BOATY MCBOATFACE “He’s A” Lumberjack “And That’s Okay”, 3.1 “Gigawatts” Thor, “Hashtag!” #!, Such”t”it, “Can’t Derail The” HYPETRAIN, “Spelling Was Not The” 11th Cmndmnt, and Al “9th Grade Field Trip” Chaperone VS “Playoff” tmmbl, “Father Of The Truxsphere” Koala King, “Peyton Manning’s Favorite Flavor” Papa John, “Kills With Poems” Poeticalto, whosagoodboy “You Are, Yes You Are!”, and “His Holiness, GOAT, The Man Your Mother Warned You About, Mr. Omnipotent, Tmmmbl’s Headache, Inmate #6942069, Chief White House Strategist, Currently Mining Bitcoins, Addicted To Juke Juice, Egocentric Extremist, Slap Me Harder, Leader Of The Phantom Thieves Of Heart, A Team Is Overrated, I Played Majors Once, Ajax’s Worst Nightmare, John Cena Aficionado, Fluent In l33t, Wordsmith, The Most Interesting Man In The World, Cum Guzzler, Gum Cuzzler, Survivor Of The Friendzone, Double Bubble Toil And Trouble, Too Hot To Handle, McLovin’s The Name Tagpro’s My Game, Stone Cold Killer, Kawaii In The Streets Senpai In The Sheets, Check Me Out On Twitter, Mrs. God’s Baby Boy, Oz As In The Wizard Of Oz Not Oh Zee For Fuck’s Sake Guys, Chicken Fucker, Stuck In NEUhusky’s Shadow, Committed Sudoku, The Fastest Fingers In The West, LMC’s Vintage Wine, Level 5 Biohazard, The Mad Milker Of Manitoba, Not Australian, Mental Asylum Escapee, Post-Op D To O, Ow Fuck I Just Slammed My Ankle Into My Table Oh God It Hurts, Fallen Angel, Trux Spy, Straight C Student, Starving Author, Future A$AP Clan Leader, Scourge Of The South, Bin Laden’s Body Double, Tagprofessor’s Daddy, I Just Fellated Myself With 50 Nicknames And You Read Them All” Oz God BMB sweeps ‘cause I’m playing. Hey, these are my shit predictions (shitdictions?), I make the rules.
I would like to think I am like a lot of other hobby miners out there. I got into the crypto business a couple years ago, and until recently I had no interest in mining. Now as a side hustle/hobby; I own two ASIC mining rigs, and have 2 more on pre order, plus there is a 19 GPU PC Mining Rig in the works. The last couple weeks have been rough on the cryptocurrency mining gang. Profits haven't been this low in a while and unless the market takes a sudden spike towards the moon, it doesn't look like it is going to get better. So with all that, here are my thoughts on profitability. Antminer S9, Price: $5,000, Profit: ~$450/Month, 310 Days To Break Even Whatsminer M3, Price: ~$3500, Profit: ~$365/Month, 287 Days To Break Even Avalon 741, Price: $2500, Profit: ~$270/Month, 278 Days To Break Even I calculated these this morning, and the price seems to be going up as I am writing this. The way I see it, the mining ecosystem has stabilized from the craziness. When I initially looked into mining several years ago; the payback period was a standard 6-10 months. Anything less than that is unsustainable. When it falls below that time look for price of miners to go through the roof and the mining space becomes overpopulated until it levels off. Meet that with a huge dip in the price of cryptocurrencies and you have the perfect hit to profitability. I am personally taking this opportunity to HODL my coins and wait for a better selling opportunity. At the end of the day, my message is that, crypto mining can feel discouraging sometimes, but that is simply because the mining ecosystem is unbalanced and has to correct itself. I put together a youtube video discussing all of this here: https://www.youtube.com/watch?v=bdz7xaVT8u8 These numbers were calculated mining Bitcoin Cash, not bitcoin.
January 23, 2018 Just wanted to do an update to my bitcoin cash mining revenues. 24 Hour Hashrate = 17.12 TH/s BCH Earned = .0147 BCH USD Earned If Exchanged Today: $23.50 This is another rough day in the world of bitcoin mining. I am still at a net profit, but to see mining revenues this low is hard. I am going to keep HODLing my coins and waiting for this bear market to turn around. I saw some awesome things about the South Korean markets last night and I am hoping to see the prices of the coins higher by the end of this week. Link to my youtube video covering today: https://youtu.be/MPQJHTWyk1A My team and I are currently working on a GPU mining rig. Look for a video with that coming soon! I am also putting together a review of both of my miners the Avalon 741, and Ebit E9 If you have any feedback on my videos, please send me an email [email protected]
Sometime mid next week (Jan 19-21) I should have ~$5,000-6,000 in PayPal. I am looking to buy 5 S1's direct from BitMain. I've got a few questions/concerns however. The biggest concern right now is being able to buy $5,000 of bitcoin, using PayPal. I'm 16, so withdrawing all that money to my student checking account is a no-go. My mom also doesn't want to give PayPal her tax ID, and credit card so she has unlimited withdrawing capabilities. I plan on asking around the Chicago Bitcoin Meetup if anyone there would be able to sell me that much Bitcoin, and for PayPal or something along those lines. After I get the bitcoins, and the S1's delivered, any advice on keeping them cool, and clean? They'll probably go in my basement, and I'm thinking about some kind of horizontal rack, and cooling system. I'd like to overclock them to 208 gh/s. One of my friends has built a LN2 creator before, and was talking to me about possibly doing this for all my BTC miners, so we could further overclock them, increasing profitability. I'd expect some kind of decent ROI with this setup, and yes current profiribility calculators will probably tell you I won't make much, but I'm gonna go out on a limb and assume Bitcoins will be at, or over $1,000 a pop by SeptembeOctober of 2014. I also plan on using Coinwarz and mine the most profitable coin each day, and sell via cryptsy. I'll also just save some bitcoins for the future. What kind of PSU's should I get for 5 of these bad-boys? Would 2 1050w PSU's and then another 700w one be alright? My friend, who bought an Avalon Asic Batch 2 last year for ~$1,500 made a great ROI, and he is doing the same exact thing I am with this project. Except that he might end up with 10 S1's, while I'll have 5 of them. If anyone has any advice for me, I'd love to hear it. I've been following Bitcoin very heavily sense I first herd about it in 2008 (It was only $2 a pop when I just went on #otc) but this will be my very first mining rig of my own. I've mined of my GPU/CPU using various coins, along with my usb asic, but this will be a large project/rig.
Want to invest in Bitcoin? Buy them, not mining rigs! Bitcoin mining has become a gamble.
Mining is becoming profitable only for the hardware manufacturers. The demand for mining rigs remains frantic, despite that most current ASICs will not ROI once backorders are filled. It is a gamble whether or not your order will be fulfilled first, and even if you do ROI, you are most likely looking at a 10-20% profit over the course of 12 months. Miners are trying to resell their miners for MORE than they paid for it AFTER mining on the machine for over a month. Invest in Bitcoin directly. Buy and hold if you are looking for long term profit. Money is being pumped away from the Bitcoin economy and straight into the pockets of hardware manufacturers. This is truly a case where the shovel sellers are ripping off the prospectors. I am a miner myself and the current state of mining is painful to bear. Consider getting into Bitcoin in ways other than mining. I am not posting this for any personal gain, but because the community needs to WAKE UP and realize that BFL, Bitfury, Avalon etc are not free easy money. The low hanging fruit has been picked. I wrote this quickly and this problem seems to be ignored on Reddit in hopes to insight discussion into a topic that I feel is being ignored in this subreddit. Thanks for reading, StringTheory
Want to invest in bitcoin but willing to accept more risk for more return? Maybe investing would be right for you!
As we all know, companies such as AsicMiner are currently kicking butt with their asics by releasing the eruptor blades and Erupter USB sticks for mining. This combined with their 28% or so of total hashing power for the entire bitcoin network is resulting in fantastic growth over the past few months, and their dividends are doing quite well. If you are interested in shares of AsicMiner , check out either Direct Shares or Pass Through shares, which is just one share of AsicMiner. You can find them in auctions on bitcointalk as well as sites such as BTCT.TO
There are other shares too, such as AMC which just recieved a few Avalons they purchased a while ago. Keep in mind that the owners relations with others on the forum is quite poor and very unprofessional, so I would still consider it rather risky.
There are also companies which are not based on bitcoin but experimenting with it as a source of capital, such as KenilWorth on bitfunder, who are a mining company which finds raw material deposits and then sells them to another company (I think). The people with that company are VERY responsive on bitcointalk and seem to be very professional.
You can even if you wish bet on funds which are reliant upon BFL's shipping, such as HaveLock's Investments Mining Fund. The owner of that fund is also rather response on bitcointalk and is a very down to earth person from what I have seen. For example, they just purchased a single Jupiter rig from KnCMiner in an effort to diversify so if BFL fails they will not be destroyed.
They are also other funds out there which are designed to represent an amount of Mhash/s per each share, for example RedStarMining which aims to have 180 Ghash/s eventually, with each share containing 2.818 Mhash/s.
Also, a very cool thing about these funds is that they are very present on bitcointalk in the securities section, so you can see up to date discussion about each fund. For example, for red star mining, here is their thread: https://bitcointalk.org/index.php?topic=63257.0 You can even get a fund in an exchange, such as Crypto-Trade! Though, they seem to be having some major issues with their site for a while now, which is unfortuntate.
There are tons of such securities available for lots of different styles people could choose, and because of bitcoin buying these shares is a very painless process. But do keep in mind that this is riskier than just holding bitcoin, and there are a good bit of scams prevalent in such securities, but if you keep an eye out and read their associated threads on bitcointalk you will be for the most part safe. Also, investing in companies like AsicMiner increases the network hash rate, making it even harder for a single entity to barge in and get more than 50% of the network hash rate, resulting in an even more secure network! These sometimes even hare shares which cost less than five dollars, so to get started you don't need much BTC at all. And here is the link to bitcointalk for anyone who wants to do more research and look at any other funds which might be of interest. Don't forget that there are some funds which are not exchanged on these sites, for example group buys where each buyer holds a certain percentage of proceeds from a very expensive miner they pool together to buy. As earlier though, be careful.
There is also a really good subreddit for discussing these securities as well as others on /BitcoinStocks ! Edit: Added in bitcointalk threads for each security I listed. Edit: It seems that there are nearly half as many downvotes as there are upvotes. Can anyone clarify?
Japan's Internet Giant GMO Launching Bitcoin Mining with 7nm Chips
This is the best tl;dr I could make, original reduced by 73%. (I'm a bot)
Japan's leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. GMO's upcoming bitcoin mining facility will have racks, air conditioning, firefighting and security, GMO outlined, adding that power used will be renewable energy, namely geothermal and hydropower. The new mining venture will be competing with a few existing mining equipment producers including Bitmain, whose Antminer S9 is the current favorite ASIC bitcoin mining rig worldwide. Each of the latest mining rigs Bitmain is building has a hashpower of 14 TH/s, but a power usage of 1,372 W. Its chips deliver 0.098 J/GHs, which "Is the world's most efficient bitcoin mining chip in the consumer market," according to the company's website. The company does not sell mining rigs to consumers, opting to sell whole data centers to enterprise customers and governments instead. Canaan, formerly Avalon Mining, is based in China and also produces 16nm chips and mining rigs. In addition to operating the mining center, GMO's mining business will offer cloud mining as well as the sale of its "Next generation mining boards." Mined cryptocurrencies including bitcoins will be supplied to the company's bitcoin exchange, adding liquidity.
New company Krater offers rigs built with Avalon ASICs either from its stock or yours. Bitcoin Posted on November 30, 2018 April 23, 2020 Jack Davidson. Krater, a new bitcoin mining rig builder, is offering a clone of the Avalon ASIC mining rig. Krater says it has purchased 10,000 Avalon ASIC chips and plans to… Portrait of a Bitcoin miner: How one man made $192K in virtual currency. Bitcoin ... Mining Rigs Online does ship internationally through DHL and Fedex, but they also allow for in-store pickup and shipping to doorstep for deliveries within India. In-store pickup is free while Ship at doorstep cost will depend on distance or location of delivery. The company currently accepts payments via RTGS (Bank Transfer), cash payments and Bitcoin payments and is in the process of adding ... The latest offering from the China based Avalon miners. Containing eighty A3218 28nm chips, AvalonMiner 6.0 is the latest product of AvalonMiner. Its maximum hash rate can reach 3.7Ths . Bitcoin mining rigs face many challenges. For one, Butterfly Labs and other companies have repeatedly failed to meet their milestones in terms of both hardware efficiency and power, and also launch dates. You should keep this in mind, especially if you are looking to put down a deposit on a forthcoming mining rig. In short, what you sign up to buy, might not ultimately be what you get. Avalon was founded in 2012 and produces mining rigs. At present the mining power and consumption of its latest machine is slightly behind those of its competitors - as it uses 40nm chips.
This video will show you how to quickly get mining bitcoin with the Avalon Mini miner. For more information about bitcoin, please go to bitcoin.cbtnuggets.com. The setup of my Avalon Bitcoin Miner. Setup and in action. Coolest Bitcoin Mining Miner ... 6:51. Joel Pagan 558,470 views. 6:51. Can Canaan Compete W/ Bitmain ASIC Mining Avalon 841 BTC Miner Review - Duration: 10:03. VoskCoin 9,842 views. 10:03. The ... Learn how to make a Raspberry Pi Bitcoin Mining Rig. Hardware: 330Mh/z GPU - http://goo.gl/QlGVM7 Powered USB Hub - http://goo.gl/nvPzEy Raspberry Pi - http:... Esto es una minera de bitcoin con toda su infraestructura.