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While it is pointless to mine with ios devices I don't like the aspect where Apple is telling you what you can and cannot do with your device. Even if doing something is stupid it shouldn't be prohibited as long as it doesn't hurt anyone. Also with computers getting ever more energy efficient 10 years or so in the future mobile devices might be contenders for use in crypto mining. And this doesn't help with apps that secretly mine bitcoin without your consent as some people might say since those apps are illegal even without this rule anyways. Also, the second part of the guidelines where apps can't offer cryptocurrency for doing things like downloading other apps, taking surveys, or posting things to social media makes me wonder if they allow apps that offer money for said actions and if so why would ones that offer cryptocurrencies be singled out. This is the more serious portion imo since while mining using your phone is pointless it's not crazy for people to want to use such apps that offers crypto for the use of their time. source: https://arstechnica.com/tech-policy/2018/06/new-apple-guidelines-no-cryptocurrency-mining-on-iphone-or-ipad/ https://www.cnbc.com/2018/06/11/dont-even-think-about-trying-to-bitcoin-with-your-iphone.html
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Just to add another thread into the already over-bloated debate of gpu prices and stock, I was wondering if video cards today are actually selling. For example, Newegg still has RX 570s over $100+ over MSRP, even now when Ethereum and Bitcoin are having a difficult time reaching another boom in prices. I know someone will say that they are actually booming right now and something but I'm more concerned about the prices of GPUs still not settling down even though people are no longer buying them in droves. My fear is that vendors are aiming to keep the prices of these products permanently raised and make greater profits since the new generation of Nvidia GPUs are reportedly more expensive at launch than the previous Pascal gen ones. Do you guys think retailers are trying to "price fix" graphics cards or do we just have to wait more for prices to fall? I hope it's just my paranoia.
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Will @LinusTech make a Mining Adventure videos reviewing/using the Octominer B8PLUS motherboard? It has 8x PCi-Express Gen 3.0 16x slots and an integrated Intel Celeron 3855U mobile cpu w/ SO-DIMM DDR4L RAM slots (8GB max).
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Will there be any drop on profit from mining in next 2-3 months. Or drop on GPU prices due to decrease in mining craze
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Spotted this blog post about a new phone built with native crypto from reddit. https://www.reddit.com/r/CardanoCoin/comments/8848ow/cardano_to_scale_infinitely_with_trusted_hardware/ Which links to: https://www.planetblockcha.in/2018/03/26/cardano-smartphone-sirin-labs/ I'm not going to pretend I understand all of what's in that article, but it's a cool idea. I think it's exciting because it paves the way for even more secure smartphones, encrypted and on the blockchain. Furthermore, it'll be one of the first use-cases of an actual currency that I've seen, as in you'll be able to nativly hold ADA and use it to buy things in the app store.
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Secondary Sources: Bleeping Computer, Marketwatch, Stanford University Primary Source: Vectra It's no surprise that cryptocurrecies especially Bitcoin created a monster. At the moment cryptocurrencies are associated with the following such as: Money Laundering Tax Evasion Cybercrime This guy shown above have to cover his mining rig with a blanket during dorm inspection. I'm not surprised if mining rigs like that one above are banned in college dormitories simply because of the fact that students are abusing university resources including power. There's only so much that tuition covers and it will be too much financial burden for the university to pay a high electric bill. Also I think those mining rigs can pose a danger of catching fire if overclocked and not cooled properly. That's why other universities such as Stanford called for a complete ban of cryptomining inside campus saying: But from the perspective of the student named Dilliha, he got to do what it takes to offset costs of living and taking advantage of the university's tuition paid electricity is one of them. He bought the mining rig from eBay and he said he's earning $30 a week which may not seem a lot but in a month that would be enough to pay his phone bill and save the excess in a bank or spend it on something else. But students also have to understand that they are abusing their privileges so it shouldn't piss them off if school authorities come knocking at their dorm rooms and seizing their mining rigs. Another incident is in Arizona State University when a college student posted something on Reddit last year about mining Bitcoin using Nice Hash with two GTX 1080TI. Some people suggested using a VPN but OP said it made things slower. As reported by Vectra, higher education is one of the targets in cryptojacking. One reason they point out is sloppy as Bleeping Computer says, Just like the student from University of Iowa who cheated by changing his grades 90 times and later got kicked out, it makes me wonder how do school administrators allocate and spend all their earnings because security is something not to be taken seriously. I'm by no means an IT administrator or a CISO/CSO but they can implement deep packet inspection to their networks to block access to mining sites as well as blocking VPN access, tighter firewall rules and enabling "default deny" in computers within campus like computer labs and librariers. Windows 10 Pro, Enterprise and Server 2016 has built in default deny feature called "AppLocker" which is integrated to Windows Defender Antivirus. Third party enterprise solutions also has default deny features and are extended to USB flash drives which will not only block blacklisted programs but also access to USB flash drives that might be harboring cryptomining malware. Some people in the forum have suggested "No Script" but as it turns out, it not only cripples your web browsing it can easily be circumvented as some cryptojacking techniques are way sneakier than merely injecting mining scripts in websites as many of them take advantage of unpatched vulnerabilities. [Sources here, here, here, here] I agree that ransomware has lost its spotlight in a matter of months and cybercriminals have shifted to mining cryptocurrency. But it only shows that some broke college students have to resort to mining just to pay their dues even using electricity and internet that is not their own. I've said it once in a status update but I'll say it again, I want to see cryptocurrencies to crash and burn.
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It seems that, all current cryptocurrency being used right now isn't vegan enough. http://www.newsweek.com/vegans-cruelty-free-cryptocurrency-823565?piano_t=1
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New BITMAIN ASIC Mines Equihash = 15x1080Ti GPUs at 300 Watts
Enkephalin posted a topic in Tech News
Hey everyone, It is a sad day for GPU miners with the release of the Antminer Z9 mini (https://shop.bitmain.com/product/detail?pid=00020180503154806494uGcSyiu806FD#2607) can perform as well as 15 1080Ti GPUs at a mere 300 Watts. The price point of only $1999 + a few hundred in other costs. Equihash is the algorithm used for coins like Zcash, Zencash, Bitcoin Gold, BitcoinZ, Bitcoin Private, and many more popular and uprising coins. Equihash has been one of the bread and butter algorithms that Nvidia GPUs hashed very well on and outperformed AMD which has worn the crown on mining Ethash for coins like Ethereum (with one recent exception of the Eth Enlargement Pill just released that boosts the GTX 1080 and 1080Ti in Ethash significantly). Bitmain is generally on point with their performance specs, and while this is obviously an incredible piece of technology, I think this causes more agony for GPU miners (most of whom are also gamers) than what the gaming community ("no-coiners") had to deal with inventory and pricing problems. I would like to reiterate, for about $2350, you can buy their mini version (a full version must be on its way out too) and it can mine as well as 15 1080Ti GPUs @ 300 Watts. INCREDIBLE AND HEARTBREAKING AT THE SAME TIME. Fortunately, many projects are getting together and deciding the best way to deal with this, by either forking their coin and using a different algorithm. As many projects announced at launch to be ASIC resistant and include that in their whitepapers, we will see who sticks to their guns and resists BITMAIN and follows through with their promise. As much as people hate on GPU miners, having a decentralized group of miners where many people can participate is one of the main premises and security aspects of cryptocurrencies. Cryptocurrencies are most definitely here to stay because the technology and utility behind them and the blockchain are revolutionary. I have nothing against people that use ASICs to mine, but I dislike the monopoly and unfair distribution practices of BITMAIN. *Disclaimer, I am myself a GPU miner but I also love gaming.* Let us discuss our thoughts and opinions (with civility) and maybe this will get into the WAN show! I have gathered a lot of knowledge about GPU mining over the past year or so and can offer further info on GPU mining, but it is just too much to put in one post. Here is the link once again to where you can buy one if that is your thing: https://shop.bitmain.com/product/detail?pid=00020180503154806494uGcSyiu806FD#2607 -Enkephalin -
So I've spent dozens and dozens of hours, and over $3000 of my money buying various hardware, CPUs and GPUs, testing crypto mining, specifically for mining CryptoNight currencies. This post is compressing all that info learned, free of charge to anyone. Maybe a poor financial decision on my part considering most people who spent a ton of money to learn something don't just give it away for free. Yes it's a very long post, but one does not simply compress 50-100 hours of experience into a paragraph or two. My Results: I have come to this conclusion having testing R9 390s, 390Xs, 5870s, r7 270, gtx 760s, gtx 750tis, gtx 1080, gtx 970s (various models with different memory configs). After learning what was good at Mining cryptonight currencies, such as Monero, I first learned that cards such as GTX750tis were AS efficient price to performance wise to mining as the higher ends cards like a GTX 1080. Example, you could buy 4 GTX 750tis and they would match a 1080's mining performance and wattage while costing half as much. 390Xs were pretty good too but had a mucher higher buy-in cost. My first setup was to experiment with GPU mining systems and I had a 5-8 GPU setup with various cards constantly swapping in and out for testing. After this I moved to testing CPUs, originally with a dual Xeon server. The CPUs efficiency peaked my interest, and I immediately began comparing CPUs to GPUs for mining the currency. After extensive testing, I found one extremely key fact: A efficient and well planned CPU based mining setup would mine as good as a comparable GPU setup dollar for dollar. It would however perform less favorably electricity efficiency wise, but this is offset by one massive factor: GPUs are price inflated, making investing in them very risky. The Opteron CPUs I settled on are not nearly as price inflated as GPUs, meaning if the currency were to suddenly tank you don't get destroyed by poor profitability; you're still left with very powerful servers you can resell. Another huge benefit is these Opteron servers are extremely modular compared to GPUs. My GPU setup had cards laying exposed everywhere and just a mess of cables and adapters that have no resale value at all. It was messy and unsightly. My Opteron server cluster, I literally just stack the thing, in a perfectly contained, perfectly stackable setup. Most intense GPU setups have an expensive metal rack to hold them. you can just stack these servers on the floor with no extra hardware costs and it'll run and look good. So key points to a CPU based mining system : On par with GPU performance with no risk of lost value to severely inflated GPU prices, and it has an extremely expandable and modular system setup. These traits make it a far less risky investment for you and just easier all around to setup. On top of this it doubles as a very powerful home server that any Techie can appreciate. And who doesn't like bragging about their core count? So that's the conclusion on the comparison and why its better in my opinion, now, here is for my test builds, comprising of 2 main Opteron based servers: Server 1 (high end) CPU: x4 Opteron 6380 System core: Dell Poweredge R815 RAM: 16x2GB DDR3 ECC 1333 Hash Rate: ~2.15 KH/s Wattage: ~635 Watts Cinebench R15 Score: 2723 (raw CPU performance relevant to a home server) Cost: ~$800 Server 2 (budget) CPU: x4 Opteron 6212 System core: Dell Poweredge R815 RAM: 16x2GB DDR3 ECC 1333 Hash Rate: ~1.11 KH/s Wattage: ~540 Watts Cinebench R15 Score: 1486 Cost: ~$535 I originally planned on 3 server builds but hardware issues on server #3 set me back too long ADDITIONAL PARTS REQUIRED: Either run Linux off a USB with no drives, or buy a cheap 2.5" SAS HDD for $5 AND a H200 Perc RAID card(if you don't have one)to hook up a drive and get an operating system installed. I populated all the drive bays on my servers to use them as home servers as well as mining servers (another big perk). Running off USB reduces build cost but you can't use it as a home server. This cost (HDDs) is assumed in my above build costs. I found the big factor in building these servers was the cost of the main system. The cost for RAM and for the motherboard/system is a fixed cost. I found a quad socket Dell Poweredge R815 was the key factor in bringing down your system costs enough to keep it a good purchase. Keep in mind with any GPU setups you also need many power supplies, motherboards with lots of PCI-E slots, lots of PCI-E risers, power cables, ect. When comparing the fixed costs of both systems the Opteron base server is only marginally more expensive unless you building a massive GPU setup, and as discussed before the benefits of resale value and expandability well outweigh a slightly higher fixed hardware cost. Notes for purchasing, buying in bulk can save a ton of money. Buy a single Opteron 6380, its $150. Make an offer to buy 4 at once? You get them for $400 all in. Build 3 servers at once? Cost gets even lower. If we don't include the fixed costs (which even GPU systems have too, which I completely ignore here!), these CPUs walk all over a GPU cluster in my opinion. Eye candy for those who don't like reading numbers: More is better (below) In the above graph we see the clear dominance of these servers in their mining power compared to how much money you spend. The decently efficient 6380 server is even more cost effective than a vega 64, the best mining gpu out there for Cryptonight at current GPU prices. Less is Better (below) In the above graph we clearly see GPUs walk over the servers in efficiency, but that doesn't ignore the fact even the most inefficient server mines profitably (100-300% return), while doubling as a powerful home server which has many other practical uses. There is a clear tradeoff you take with CPU servers, you do lose efficiency, which is a Con, but there are many Pro's as discussed. Notes: Although you can get a lot of Opteron 6100 series cores, they do not support AES, which cripples their mining performance to the point where they are 99% less efficient regardless of their CPU cache or cores. Any 6200 and 6300 series CPUs are good. You're looking for high CPU Cache amount, and as high core clock as you can with your budget and availability of CPUs. I tested 3 different setups for comparison purposes. They have different core amounts and Cache. ALSO NOTE: most of these R815 systems come with old BIOS. You must buy a set of Opteron 6134s for example for $20 shipped in order to boot the system and update the BIOS to 3.2.2 if you want to use something like Opteron 6380s! Make sure you let the system fully reboot. I bricked one of my motherboards because I was rushing (-$130, oops), and you can't just clear the BIOS like a normal gaming motherboard! Comments on Investing in Crypto and mining: I do not discuss profits because of constant market changes. This setup currently mines a large amount of Monero, and Monero is worth pretty little right now (meaning it will likely improve significantly, especially with the recent fork on April 6th). If you were to mine with a single 6380 system you would make like $3-4 a day (profit) and $5-8 in revenue a day of the coin, but if you did this for 3 months, held onto the coins you mined, and then the value spikes and you sell it, you stand to make a LOT more profit than before ($5-15 per day profit) . Part of this is not just the daily profit, but the potential for long-term profit gain and investing. Its very important to keep this in mind. If I mined for 3 months with 3 servers, If the currency doubled in value back up to its previous $400 per Monero, then It would be as if I had made $20+ profit every single day for 3 months. Thats a lot of cash, especially considering if you then resold the servers you would make a pretty penny, maybe even significant profit on the machines themselves on top of the currency mined! EDIT: Just in the weeks i've been refining the post and typed the previous, monero has gone up in value 47% and steadily rising as I had predicted. Some background on me personally, I'm 18, just graduated High School, and looking to start college for computer networking extremely soon. I invested more money than I probably should have researching this and comparing servers. I'm not made of money, and In giving this info for free, I personally incurred a lot of cost, nevermind typing all of this up. If you use this info to your advantage, or build some servers, maybe consider donating some Monero to me as a thanks. If you build servers, then maybe even just mine to my address at this pool for a bit or something instead as a thanks. And let me know if you do! Buying the discussed hardware: I didn't want to do this as I wrote the bulk of this post a few weeks ago, but I'm pretty burnt out working with my servers, and I'm actually selling my servers at very little to no profit on ebay to invest my money into other hobbies. If you'd like to help me do that, contact me on forum about my Opteron 6380 server [sold]or my Opteron 6212 server and I'll sell them to any forum member with an account at least two weeks old at no profit to myself. I believe in the investment and the massive profit potential in 1-2 years but at this time in my life I can't have this much money invested. If you are looking to purchase the hardware discussed above from other sellers, I could point you in the direction of "IT Mart". They have an Ebay page here, and a website here. I have bought from many sellers of used server hardware on ebay, and gotten many bad parts before (which you are entitled to working replacements on ebay, but it costs you time, which is money in mining). Every Item I've purchased from this seller have been great parts with no issues, and they were always super friendly and willing to assist me. Troubleshooting Issues and Questions Chances are if you have questions about any of this (hardware or mining crypto), I can answer it. Ask me, and if you're new to the forum, be a part of the community and join the discussion while you're here, it's always nice seeing other miners on the forum. I'm happy to help anyone if I can.
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https://www.bloomberg.com/news/articles/2018-02-26/goldman-backed-circle-buys-digital-exchange-poloniex Something that adds some validity to the crypto space, Goldman-backed Circle is looking to acquire Poloniex, one of the top 15 exchanges for crypto assets in the world by size. One interesting bit is that Circle plans to turn Poloniex into something more. This is something that I had theorized and perhaps is what they are planning to do. Since some blockchains allow for the creation of tokens with their own value and inherent information, they could be grounds for the creation of an exchange of basically anything. You could make an exchange where people buy shares of an eSports (or traditional sports) player or team, that go up when the player/team wins and down when they lose. Or back up someone's music by investing in their token that increases in value as more people listen to it. If Circle does this, it's going to make waves in many spaces of the market, in my humble opinion.
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Here I am, back with crypto news, because of course. https://cointelegraph.com/news/china-mining-co-bitmain-shows-higher-2017-profits-than-us-gpu-giant-nvidia-report-finds Bitmain, the Chinese company behind the famous Antminer ASICs for Bitcoin, BCH, Litecoin and others, and an important client of TSMC during the last and current year, appears to have taken in profits on par or higher than Nvidia itself. I'm not up to date in the who-is-who of news outlets, but the main source is CNBC here, for what that's worth. https://www.cnbc.com/2018/02/23/secretive-chinese-bitcoin-mining-company-may-have-made-as-much-money-as-nvidia-last-year.html There may be a calling for some monopolic activity on the side of Bitmain, as they control a very high market share A lot of us, myself included, were hoping for something that stopped the insane shortage that we have in terms of consumer and enterprise silicon because of this demand for mining hardware. A lot of you want this to just die, whereas I was looking for non-minable currency to become the new big thing. Unfortunately it seems like we're gonna have to wait more. You damned miners, how dare you buy my silicon! I'm not entirely comfortable with the place the space is in right now. Especially because of environmental concerns. I hope that in the years to come, preferably sooner rather than later, minable cryptos step down and non-minable ones like Proof-Of-Stake Cardano take over the top in terms of market cap.
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Just found this, amusing glitch but with potentially disastrous consequences if it wasn't so swiftly discovered. Essentially what happened is that a Bitcoin exchange based in Japan called Zaif experienced a glitch that allowed users to buy Bitcoin at $0 (aka, for free). These users then tried to transfer this money elsewhere (another wallet, bank, etc), but the company found out pretty quickly and reversed the transactions. In my experience smaller exchanges often review transactions manually and the larger exchanges do not (since there are far too many transactions for all of them to be manually reviewed). Obviously the Bitcoin exchange didn't have $20 trillion in Bitcoin so any attempt to withdraw would've failed even if the company hadn't been aware of it, which is pretty lucky since hypothetically (since it was impossible for it to have gone through) had the transaction gone through it would've caused a mass crash in BTC (and other major cryptocurrencies) and the damage done would be extensive (Bitcoin has a market cap of approximately $183 billion, so $20 trillion of BTC is impossible in any case). In my opinion this would've been extremely disastrous for an exchange had it been smaller amounts that a security system didn't mark as "suspicous" (to the point of bankruptcy), especially if the exchange was one of the larger ones such as Coinbase. If an exchange had a glitch that allowed the purchase of BTC for free and many users had purchased tiny amounts of BTC, and then transferred out out successfully, the exchange would be forced to cease trading while the issue was being investigated and if the money couldn't be retrieved, they may even go bankrupt. I'm unsure what the legal processes would be though- if you purchased a currency which the exchange was selling for nothing, would they legally be able to get it back (I'm guessing it depends on your country of residence)? It's obvious that it would've been a glitch but I'm not even sure how pulling the "it was a glitch, it's their fault" card would fare in court... Here's a quote from the article which can be found here.
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Hi all SARS over here in South Africa is planing to tax you on Cryptocurrencys as far as I have read there busy developing a formula on how to tax you on different Cryptocurrencys depending on your gain's and loses if reside here in South Africa. I think it grate idear but depending on how it works and how it implemented that anther store. Link https://www.moneyweb.co.za/financial-advisor-views/trading-in-bitcoin-ethereum-sars-wants-its-share/
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Monero forked to Monero7 last night, rendering all ASIC miners useless. Yesterday the Nethash was over 1GH/s. Although pool Nethash calculators have not updated and won't for a few days, the time every block was found went from every 120 seconds, to every 821 seconds. This is a predicted Nethash drop to around 165MH/s. This is an insane drop in Nethash, and shows just how many miners were ASIC miners. The pool I mine on alone saw a 50% decrease in hashrate. I saw no decrease in performance on my mining servers. The result is consumer hardware is significantly more profitable to mine on now, and the servers I built to mine Monero/Cryptonight currencies are gonna get bigger payouts than they ever have. I expect to see a steady increase in Monero's value over the coming weeks/months. Getting rid of ASIC miners is crucial to a currencies long term survival and for keeping the privacy attributes of Monero safe. Few people having the majority of the Nethash is very bad, and now its going to be a LOT more spread out. Funny thing, also "Monero Classic" is a thing now, a altcoin of Monero which ASIC's can still mine. However its missing many of some key privacy features meaning its pretty much a fake coin which is an attempt for ASIC manufacturers to keep selling the ASICs.
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so i was looking in to building a mining rig but cant decide what to get. i don't no what the difference is using a mb with 1x pcie slots vs an mining mb. i do no that the mining mb has extra power with molex and/or 6 to 8pin dose this help? also i see that there are mining mb that have usb instead of pcie what the difference? also i see there are some riser less mb but agen i don't no the pros and cos of them probably the cost. im looking for an mb that uses ddr3 instead of ddr4 to save on cash as the specs of the pc dose not mater as far as i no. i did find an mb that has 5x pcie 1x slots and socket 775 would this work? cpus should be relay cheap. or and am3 i see some of thow mb too. also seen some 1150. i guess having an non mining mb would have more resell value then an dedicated mining mb so have to keep that in mind. as for the gps i have not got there yet guess depends on what i can afford. i live in Canada bc so don't no what the power per kw is or if its even worth doing. anyway thx any input would be nice.
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https://www.newsbtc.com/2018/02/15/hackers-coinhoarder-steal-more-than-50-million-in-cryptocurrencies-using-google-ads/ Cisco's Talos Intelligence Group uncovered a team of hackers based out of Ukraine, who dubbed themselves CoinHoarder, using Google AdWords to lure people into malicious mirrors of popular wallet holder sites like blockchain.info. This highlights an important weakness of the Google AdWords service, that can be abused for other things in the future like sending people to fake bank or government sites. More than $50m (accounting for the appreciation of these cryptos since they were stolen) was taken from legitimate users, especially from countries that are not up to date in cybersecurity, they smartly targeted people who are less likely to know a scam site from a legit site. There is no mention of whether the members of this hacker group have been aprehended, or whether Google is going to change its AdWords service in any way. I'll update this if I find any more info.
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BBC posted an article detailing how miners buying and spiking the price of graphics cards is stopping radio telescopes from being upgraded. http://www.bbc.co.uk/news/technology-43056744
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So I'm using the nanopool to mine ethereum with my gtx 1060 and I generated one share, but now even though it says I am mining (it shows my speed) I don't earn shares. Here's the copy paste of the cmd. I am using coinbase as my wallet. This pool (eth-eu2.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-eu2.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-eu2.nanopool.org removed from the list This pool (eth-us-east1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-us-east1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-us-east1.nanopool.org removed from the list This pool (eth-us-west1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-us-west1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-us-west1.nanopool.org removed from the list This pool (eth-asia1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.This pool (eth-asia1.nanopool.org) does not support Ethereum addresses as login (or requires worker name in "Login.Worker" format) and cannot be used for devfee mining, therefore it is not supported. However, you can mine on this pool if you specify "-allpools 1" option, default pools (different from this pool) will be used for devfee. Please read "Readme" file for details.Pool eth-asia1.nanopool.org removed from the list ETH: 1 pool is specified Main Ethereum pool is eth-eu1.nanopool.org:9999 AMD OpenCL platform not found Be careful with overclocking, use default clocks for first tests Press "s" for current statistics, "0".."9" to turn on/off cards, "r" to reload pools, "e" or "d" to select current pool CUDA initializing... NVIDIA Cards available: 1 CUDA Driver Version/Runtime Version: 9.1/8.0 GPU #0: GeForce GTX 1060 6GB, 6144 MB available, 10 compute units, capability: 6.1 Total cards: 1
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Is there a coin that favors cards that can transfer more data? With so many rigs being run off of a fraction of a PCIe lane with those risers they can't really transfer that much data, but if there was a hash function that requires more it would favor gamer-types given that they'll most likely have a single card plugged in which would have 16 lanes. I think that'd it be interesting to have that sort of coin.
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Hello there, Recently, my somewhat old computer has been slowing down recently (2015 build https://pcpartpicker.com/user/Prezeo/saved/#view=xrTcCJ) and believe I am due for an upgrade. I am coming to LTT to ask a couple of questions about what my next move should be dealing with a new computer. First things first, as of February 2018, should I even consider building a new PC? Like is it worth it with bang-for-buck? I am aware that the whole bitcoin situation seems to be slowing down, or at least what the stock prices look like. I built my first PC and had a lot of fun with it, and I would LOVE to build a new PC, but I am not wanting to waste a dime if I have the choice to go with an alternative option. Secondly, if I were to go with the prebuilt route, where would be a reliable place to get one (Online, such as CyberPower, iBuyPower, OriginPC, etc.), and what I should be looking for when searching. I am looking at this option due to being able to pay monthly for the computer itself over a period of time instead of having to haul the $1500 I am wanting to spend all at once. I'll ask more questions once I get a feeling of what I want to do. Thanks all! Matthew
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Researchers at Malwarebytes have discovered that android devices have been being tricked into mining Monero by advertisements since November 2017. As of time of posting, the scope of the operation is unknown. So far, this exploit has not been used to steal information off of the phone as it relies upon opening a new tab which contains code to mine Monero, and once that tab is closed the mining ends. International Business Times article: http://www.ibtimes.com/millions-android-devices-compromised-mining-monero-2653185
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So, lately, we all been hearing a lot about cryptocurrency, bitcoin and tralala. Some country in Asia like China and in this case - South Korea are taking action against crypto. The South Korean justice minister, Park Sang-Ki, said he's preparing a bill a ban on cryptocurrency trading through South Korean exchanges. He said: Source: https://www.tweaktown.com/news/60505/south-korean-government-preparing-bill-ban-crypto-trading/index.html Personally, I'm wondering if this cryptotrading ban will not only happen in Asia but also in Europe and NA. Will cryptocurency remain in the trade, and not be used in anything IRL? Let's chat down below.
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I was just wondering if anybody on here had an advice or experience buying graphics cards on Alibab.com. I want to buy some to mine with but the prices seem too good to be true. One specific company was Shenzhen Dovina Electronic Technology Co. They have some reviews and are trusted by the website, I'm just trying to get some second opinions on this. Thanks!
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I thought after some LMG coin being confirmed in today's WAN, I thought it might be nice to collect some suggestion, so feel free to add your own! Here are a few of my ideas: When starting a coin, you can basically set the initial ledger, so LMG could decide to allocate ~10-30% of the total coin supply to them, increasing stability and allowing them to sell the coin on their website with a decent stock Sell the LMG coin for like 0.01 per coin on the website as long as the stock lasts and taking LMG coin for the LMG/CSF/TQ FPC at a fixed rate of ~18000 LMG coins per month. This would essentially create a gold-standard, holding the value of the coin stable. Set the difficulty corrections to give out 1coin/block and ~1block/minute this makes LMG lose at most 50$/month of potential FPC income to mining, essentially turning mining into a lottery giving out ~2.5 FPC subscriptions every month With this setup, they could show off some things that could be harnessed for EVIL very easily, while also creating a coin, that was Fun! secure for people buying it not expensive for LMG still could potentially blow up (as the LMG stock would be limited, but high) This way they wouldn't need to feel bad for people losing money on a coin, while still creating a fun coin with exploitative properties. Also, from an economic standpoint, these would essentially be FPC giftcards, which might even come with a markup. Giftcards have a lower value than equal amounts of money and are still popular, as they are acceptable presents, this giftcard would also be fun, incentivizing people buying it even for themselves. So for the relatively low cost of ~50$/month LMG could essentially profit from people forcing themselves to spend money on FPC, which might actually be cheaper than offering physical FPC giftcards
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