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Handling splits: UASFs, BIP148, etc.:
https://bitcointalk.org/index.php?topic=2012799.0 Quote:
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I guess the continuing decline in both BTC and payout is all related to this?
It appears to me that GPUs are becoming irrelevant as they can only work on algorithms for crashing currencies? Scrypt for LTC looks like the only profitable one at the moment but that seems to only work on asics? Those Antminer L3s may well be a good investment... |
It's certainly a "bearish" market at the moment. It seems a lot of investors are anxiously waiting for the outcome on August 1st. It's affecting the price of most altcoins too, meaning there's some bargains to be had right now.
Most predictions are (perhaps unsurprisingly) that the price of Bitcoin will continue to fall in the lead up to August 1st, then sharply recover, assuming SegWit deployment is successful (which it should be, since it's been well tested, both on the Bitcoin testnet and with its recent successful deployment on Litecoin). Goldman Sachs predicts a sub-$2000 drop, followed by a rise to $4000 before the end of the year: http://uk.businessinsider.com/bitcoi...n-sachs-2017-7 So assuming prices do recover and continue to rise further, what you're mining now might be worth a lot more in the near future if you hold on to it. NiceHash's profitability does have its ups and downs though. I experimented this week mining Zcash directly to a pool with a couple of 1080Ti cards. It's difficult to compare directly because prices fluctuate so much but profitability seemed slightly better than with NiceHash, somewhere in the region of 10-20% more per day. You will be making Zcash rather than Bitcoin of course though, which isn't necessarily a bad thing. You could keep it and invest in Zcash or trade it for Bitcoin. If you want to try it, I'd recommend Flypool, they provide all the miner links and config info on their site: https://zcash.flypool.org/ |
Are you just making this stuff up Mark?:ROFL: I have absolutely NO idea what you are talking about. Although not an engineer, I can understand what engineers mean and the principles involved and I have a passing acquaintance with medical terminology. I can also pretend to make (some) sense out of quantum mechanics and multi-verses and have read Richard Feynman's "6 Easy Pieces" on physics but I havent a clue what you are talking about!!
Anyway, I'll let you alone now. +++ |
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Don't get me started on quantum mechanics and multiverses! Fascinating subjects! ... though I'm merely an amateur in those fields too. It's entirely possible I have made it all up, or dreamt it. After studying cryptocurrencies for the last few years, my head's so full of the stuff now I'm not sure what is real anymore. I've been doing IT most of my life but, I have to admit, I find this stuff mind-blowing! I still don't understand half as much about the technology as I'd like to. If you'd like to get an idea of how complex cryptocurrency mechanisms really are, take a look a this book: Attachment 16508 I have that book in paperback, which is presently my bedside light-reading. After a glass or two of red wine, it all starts to make sense. I think I'll still need to read it several times just to understand about half of the book though. |
Nice and simply put Mark :love:
I used to be a lot like that in my younger years but nowadays my two brain cells have great reluctance to synchronise. |
If I have just half of your energy and enthusiasm by the time I'm your age Ray, I'll be happy! .... It's more than I have now! :D
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I have been quite for a while but still checking in and following the thread and doing a bit of experimenting myself but have not much spare time these days. I work 10pm to 6 am, sleep 7 am to 1 pm, and look after 2 little ones under 2 years 1:30pm to 9:30pm while wife is at work. So when I am at home I can't do much as the kids either need my attention or are trying to be 'helpful' :)
Anyhow I have my old PC running 2x GTX1080Ti now and another motherboard running 4x RX480. A bit disappointed with GTX1080 Ti as 2 of them cost more than 4x RX480 and are making less money while consuming similar amount of electricity. :( Don't know if I should return them within 14 days and buy 4x RX580 instead.:Confused: I have been messing with settings and not sure what I have done but I was messing with settings on AMD rig and while it was running dual DaggerHashimoto + Decred before it was not actually doing anything on Decred. Now it runs bith of them. It seems like dagger is more GRAM intensive and Decred more GPU intensive. power consumption has gone from ~600 to ~700W costing £8/month more but bringing in about £15 per month more. I was set on buying L3+ but it's a bit of struggle buying enough of Bitcoin for it with credit card. With all the identity checks and limits on value :( Power supply for my old HP All in One printer had failed so I could not scan passport so did it at work but they did not accept my scan as the work scanner is et to scan black and white by default and I did not change settings. Next day I forgot to take passport with me to redo it in colour. Ended up buying new multi function printer but got a really good deal - £40 for the printer and enough ink to print 1800 pages over 6 months but I think I will do another thread on it. Anyway I am short on Bitcoin to buy L3+ at the moment and the limit on amounts I can spend mean I will probably not be able to buy it buy the end of next week and I am afraid it might run out of stock again. One weird problem I have noticed is that I have noticed if I log on PC using Remote Desktop and do not log out after a while I loose GPU's or it stops mining altogether. Not sure if using alternative like VNC or Teamviewer would be better. or just need to do quick check and disconnect. |
Hmm, running both Hashimoto and Decred at the same time seem to needing new changes to tuning as now you need more GPU power as well so upping GPU speed returns money as well, just a question of speed, energy consumption and costs.
I am not sure what I did that started mining both but I did change pagefile size because I noticed a message that said at least 16B for multiple cards. It was at 1.4 GB and I changed it to 32B |
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