Cryptocurrencies

What cryptocurrencies do you use/own?

  • Bitcoin (XBT)

    Votes: 30 27.8%

  • Ether (ETH)

    Votes: 16 14.8%

  • Litecoin (LTC)

    Votes: 15 13.9%

  • Peercoin (PPC)

    Votes: 0 0.0%

  • Dash (DASH)

    Votes: 3 2.8%

  • Dogecoin (XDG)

    Votes: 4 3.7%

  • Blackcoin (BLK)

    Votes: 0 0.0%

  • Zcash (ZEC)

    Votes: 3 2.8%

  • Other

    Votes: 14 13.0%

  • None

    Votes: 69 63.9%
  • Total voters
    108
timeshifter said:
Current returns snapshot on Nicehash

2x GTX 1080 Ti, $6.85 / day
GTX 1060 6GB, $1.31
GXT 1060 3GB, $1.27
Click to expand...

24 hours later (roughly)

2x GTX 1080 Ti, $4.95 / day, Lyra2REv2
GTX 1060 6GB, $1.23, DaggerHashimoto
GXT 1060 3GB, $?.?? (kid left his off)
 
Barcelona said:
Tried to find a 1050Ti for a client today. No luck. My supplier sold all his stock to a miner!
Click to expand...
These gamers will thank us later when all this demand has accelerated GPU development and pushed prices down.

And at least we're putting these advanced GPUs to good use, number crunching future currencies instead of using them to create realistic pixel representations of hookers to drive over ... or whatever it is gamers do these days.

j/k ;)
 
This guy is pretty loud and annoying but I find I agree with a lot of his market predictions, which often turn out to be right. Certainly I would agree with his take on the present situation being caused by nervous anticipation of the upcoming BIP deployment deadlines:



For reference, here's the dates to watch again:


Article Link: https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/


B99n1ce.jpg
 
timeshifter said:
24 hours later (roughly)

2x GTX 1080 Ti, $4.95 / day, Lyra2REv2
GTX 1060 6GB, $1.23, DaggerHashimoto
GXT 1060 3GB, $?.?? (kid left his off)
Click to expand...


Yep - rates have certainly dropped quickly - now if only this same force would reduce the price of cards, there would be a silver lining! No such luck, though - it looks like prices have actually increased.
 
So many altcoins so little time.

Looks like the end of this month will be a good time to buy, based on that guys analysis.

What's hard for me to comprehend is what gives the other coins any value. If one were buying stocks in a company then you could say "Kroger is a good stock to pick up, people need to eat". (Kroger is a big grocery chain in the US).

I can see where Ethereum has value because of what it might do one day. The others all seem to abstract and vague to me. Of course I haven't spent a ton of time trying to learn each one. But... is anyone really using all the other coins, beside the miners, traders and speculators?
 
timeshifter said:
What's hard for me to comprehend is what gives the other coins any value. If one were buying stocks in a company then you could say "Kroger is a good stock to pick up, people need to eat". (Kroger is a big grocery chain in the US).
Click to expand...
That really is the important thing to look for when considering investing, value.

I usually Google the altcoins and check their website and Bitcoin talk ANN thread (both of which should be linked from their page on Coinmarketcap). I look for unique features, active development,etc, coins that are the basis of a real marketable product. Take Sia/Siacoin for example, using a blockchain to make a distributed decentralised Dropbox competitor. Or LBRY, a sort of online marketplace where all kinds of creative works can be bought and sold. Then there's Stratis, an Ethereum-like platform that provides virtual computing capabilities, enabling distributed applications (Dapps) to be built on a .NET framework. Too many good ones to mention and so many interesting applications of Blockchain tech.

Having said that, sometimes you might not be looking for a long-term investment. You can make a good profit short-term from coins that aren't all that special, if you time it right ... get in when they pump and get out before they dump.
 
Moltuae said:
Take Sia/Siacoin for example, using a blockchain to make a distributed decentralised Dropbox competitor.
Click to expand...
Yeah, I had heard about https://storj.io/ from the Youtuber iMineBlocks. Probably similar to Sia, I'll have to look. Got excited for a bit, looks like you can rent out storage. I think they charge customers $0.015 per GB per month and I thought I'd figured out you'd get paid 1/2 of that for renting your drive(s) out to them. Numbers aren't too bad. But then I started reading a thread on reddit and a couple of concerns appeared. One, lots commented that if someone is storing something illegal on storj's cloud you might get raided and have all your equipment confiscated - shoot first, ask questions later. Second, one report of a guy renting a big drive for over a month and providing 100% uptime and only got $6, nowhere near what I or he thought it should be.
 
question. 6 1070 cards. stock settings getting 26mhz a piece. overclocked gpu +60 and memory +600. 5 of the 1070s are getting 30 and one is still getting 26.

what could cause one to be stock and 5 others to overclock. using evga software to overclock.

Thanks in advance
 
Most logical reason in my mind is that the settings didn't stick for that one card. On some forums I read about the silicon lottery and how some chips just do better than others, even if they all came out of the same batch and everything else is 100% the same.
 
The difficulty for ether has gone way up and price in now around $200 mark did some mining never really made much wonder if there is a multi miner that auto switches to the most profitable one.
 
Can someone explain to me the concept of dual mining and more importantly, how is that possible?

I would think that when a GPU is mining it's working it's but off and doesn't have time for anything else. BUT, I keep reading about dual mining and how you can mine two cryptocurrencies at the same time. So you give a computer a problem to solve and it takes 10 minutes to calculate an answer. So how do you feed it two completely different problems to solve and it gives you the answer to both problems in 10 minutes???
 
timeshifter said:
I ordered this one:

http://www.ebay.com/itm/322578105198

It's for 8 GPUs. Looks like it's made using extruded aluminum. This model and associated pics is all over eBay and Aliexpress.
Click to expand...
I was a fool to believe these guys would deliver this in any reasonable amount of time. The auction indicated I'd receive it between the 12th (today) and the 17th (Monday). I realize that was probably optimistic and shipping from overseas takes a while. But the bastards still haven't even shipped the damned thing!

Sorry , we still don't send it to you .In this case , would you still like to wait ? Or we can refund to you first.
Looking forward to hearing from you .
Regards!
Click to expand...
smh
 
timeshifter said:
24 hours later (roughly)

2x GTX 1080 Ti, $4.95 / day, Lyra2REv2
GTX 1060 6GB, $1.23, DaggerHashimoto
GXT 1060 3GB, $?.?? (kid left his off)
Click to expand...

Looking a little better today:

2x GTX 1080 Ti, $8.42 / day, Lyra2REv2
GTX 1060 6GB, $1.49, DaggerHashimoto
GXT 1060 3GB, $1.76, Equihash
 
My rig is down. I finished my new casing, but the workstation board I suspect has bad memory. I keep getting:

** Hardware Malfunction

NMI: Parity Check

I think it's those rams I swapped. Anyways, they are Kingston, I can return them for repair. I'll stick some generic stuff in there. I ordered the required fans for this HP XW4600 as it complains when powered on that fans are not present. The reason I went with workstation board is those boards are tough as nails. Built to last. :)

This is my rig: https://1drv.ms/f/s!AkYr1ddI8vEhgYA-uhZt7HxMVigqvw

I still need to wire in the fans. I have a bunch of 120MM fans going above the GPU's to direct traffic. Might think about a better way to mount that SSD (not using right now, i foolishly hoped I could jumpstart the system and get back mining. ha!).

In a week or so my last RX 480 will arrive and I'll be set. I do have to run more cable management.

I have a card or two still mining on other units, but yeah. :(
 
timeshifter said:
Can someone explain to me the concept of dual mining and more importantly, how is that possible?

I would think that when a GPU is mining it's working it's but off and doesn't have time for anything else. BUT, I keep reading about dual mining and how you can mine two cryptocurrencies at the same time. So you give a computer a problem to solve and it takes 10 minutes to calculate an answer. So how do you feed it two completely different problems to solve and it gives you the answer to both problems in 10 minutes???
Click to expand...
I haven't tried it but I would imagine two algorithms running at the same time on the same hardware would share resources, resulting in a reduction in performance of both. The only reason I can think of for doing that (apart from wanting to mine two different cryptocurrencies) is that it probably provides a degree of redundancy, such that any time one algorithm stops/crashes/pauses, the other algorithm will take up the slack (I assume).

NviGate Systems said:
This is my rig: https://1drv.ms/f/s!AkYr1ddI8vEhgYA-uhZt7HxMVigqvw

I still need to wire in the fans. I have a bunch of 120MM fans going above the GPU's to direct traffic. Might think about a better way to mount that SSD (not using right now, i foolishly hoped I could jumpstart the system and get back mining. ha!).

In a week or so my last RX 480 will arrive and I'll be set. I do have to run more cable management.

I have a card or two still mining on other units, but yeah. :(
Click to expand...

Nicely done. That's similar to the rig I'm working on. How have you secured the graphics cards? Are you just using the riser card to hold them or do you have a top fixing/support? I'm not fixing the riser cards down but I've figured a way to secure the cards firmly, top and bottom.

I haven't seen those black (plastic?) corner braces/brackets before; those look useful. I made the mistake of buying 5mm slot aluminium extrusion, which is difficult to find fixings for (most seem to be for 6mm slot). After a lot of searching, I've found a variety of cheap metal brackets that work ok.
 
timeshifter said:
I was a fool to believe these guys would deliver this in any reasonable amount of time.
Click to expand...

Haha, I love the response - "We still don't ship it to you". I know it's broken english, but it rings truer that way.

This is from a listing on ebay for it:

============
8 available / 9 sold

Price:
US $145.99

Limited quantity remaining
More than 52% sold

============

9 sold, 8 available = 52%. Math isn't one of their strong suits either, I see.

Did you see this one?
 
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