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So I recently started mining bitcoin with my 1080ti and 8700k rig. I disabled CPU mining because it wasnt worth the miniscule amount of bitcoins i would get from it. When my PC is not mining, im usually playing demanding games. Idle temps of my GPU: 20-23 degrees celcius. Gaming (PUBG, subnautica, etc.): 35-40 degrees (1933mhz) When im mining I usually hit around 50 degrees at 100% load. (Making around .00055 bitcoins a day). Am I in risk of shortening my GPU life? GPU: http://www.corsair.com/en-us/hydro-gfx-gtx-1080-ti-liquid-cooled-graphics-card Yes its watercooled and sec c af My 8700K at 4.7ghz idles at 25-30 degrees and under load is at maybe 45 degrees if anyone wants to know
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Hi guys, Quick one for those more experienced in today's crypto situation. I have a Radeon HD 6970 and an HD 7950 sitting around gathering dust, are there any profitable or viable mining opportunists still out there for small scale GPU mining? I'm think alt coins of some type. And obviously I want it to make financial sense after electricity cost. I have a decent motherboard and CPU etc also lying around (AMD) to kit it out.
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Further huge drops in value for cryptos: This year didn't start well for Bitcoin, with a drop in value of almost 45% since January 5th, equivalent to $133billion (1) and other cryptos were hit similarily, losing 8-15% over the last 24 hours (2). But despite this volatility,every day more and more companies accept cryptocurrencies, from bookstores to Subway (3) and other major players like UPS might want to get in as well (4). Crypto: Economy and politics: All the while, German President Frank-Walter Steinmeier warns the financial sector, saying "When I look at the price developement of cryptocurrencies, I don' see a currency, I see gambling", remembering the last financial crisis (5) and Indian Finance Minister Arun Jaitley told lawmakers that India doesn't recognize cryptos as a legal currency and wants to ban payments (6). After Bloomber falsely reported that ENEL, one of Europes biggest suppliers of electrical power and gas, wanted to supply miners with electricity. A day later, the company stated that they refuse to supply miners because "The intensive use of energy dedicated to cryptocurrency mining [is] an unsustainable practice that does not fit with the business model it is pursuing" (7&8). The future, as predicted today: There's still a huge disagreement over the future of cryptos and especially Bitcoin. Banks and "traditional" financial experts, including the Deutsche Bank which might have learned from its gigantic fuck ups over the years and is considered as one of the world's most dangerous banks (9), continue to warn the public about the volatility of the crypto market (10). In the meantime, investors hope for a turn around of the price developement and analysists predict Bitcoin to become mainstream and will hit “around $30,000-$35,000 this year” (11). What will the future look like for gamers and PC enthusiast? These are just my personal thoughts on what might come. Many of us are anticipating the release of Volta gaming cards (12). I hope Nvidia and the PCB manufactures will ramp up their production to combat the huge demand for GPUs. Once these hit the market, older cards like the 900 series will propably be sold first, so if you're on a budget, you might want to look out fore some cheap 980Tis and the demand for Pascal GPUs will sink a little bit, bringing the prices down to a reasonable level again. With the faster and faster rising difficulty of mining cryptocurrencies, the one for BTC doubled since October 2017 (13), manufactures will have to keep an eye on RMAs because the obviously don't want to see their warehouses fill up with cards after they become unprofitable for miners, which might result in stricter RMA policies that hurt regular consumers. Let me know if you liked this quick summary of this weeks news on cryptocurrencies, I'm thinking about making a series out of this. 1: https://www.coindesk.com/bitcoin-sinks-below-10k-following-133-billion-january-loss/ 2: https://techcrunch.com/2018/02/01/why-is-bitcoins-price-down/ 3: https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/ 4: https://www.coindesk.com/ups-might-making-locker-accepts-bitcoin/ 5: https://www.welt.de/wirtschaft/article173116660/Frank-Walter-Steinmeier-Bundespraesident-warnt-vor-Bitcoin-und-Finanzmagie.html 6: https://www.bloomberg.com/news/articles/2018-02-01/india-to-curb-cryptocurrency-use-while-embracing-blockchain 7: https://www.bloomberg.com/news/articles/2018-01-30/enel-is-said-to-be-in-talks-to-sell-power-to-digital-coin-miner 8: https://www.express.co.uk/finance/city/913265/Enel-mining-cryptocurrencies-China-Canada-India-Envion-AG-Endesa 9: http://www.faz.net/aktuell/wirtschaft/unternehmen/finanzkrise-der-irrtum-der-deutschen-bank-14461287.html 10: http://www.smh.com.au/business/markets/deutsche-bank-says-investing-in-bitcoin-could-lead-to-total-loss-20180129-h0qa7p.html 11: https://www.express.co.uk/finance/city/913268/bitcoin-price-news-ripple-ethereum-blockchain-cryptocurrency-latest-crash 12: https://www.pcgamesn.com/nvidia/nvidia-volta-gpu-specifications 13: https://www.coinwarz.com/difficulty-charts/bitcoin-difficulty-chart
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Hi everyone, I currently have a GTX 1070 from my gaming rig and I was wondering if there are any good cryptocurrencys to mine out there. I’ve heard of bitcoin, litecoin, etherum, I know there are a lot I don’t know about, but I want something reputable. Also I’ve heard that you just use your VRAM to mine, So would you just underclock your coreclock and up your memoryclock. Also will mining damage your GPU consideraably. Thanks
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Hey everyone, I'm new to the forum although I've followed LTT for a long time now. So basically I have varius doubts for cryptocurrency mining. Me and my friend are willing to put in the effort to do it, but we don't want to get an ASIC machine, we would love to build our own mining rig. And yes, we know we are quite late to some crypto partys lol, but we still would like to do it. The very first thing is choosing the crypto currency, because there's some like BTC wich is going down slowly so obviusly we arent going to mine those aswell as the difficulty and stuff. I was mostly interested in Ethereum and Zcash (Opinions?) I would like to know how do you guys chose (those who mine) wich coins to mine, as there are so many different factors around it. That'd be the very first step really. After that, Graphics cards, I was actually thinking of just going with 4 or 6 rx470 or 480 but then I read that depending on what coin you mine you should go with X card or Y card, could someone explain to me this please?? At the moment that's it, I dont want to make a long post. Thanks in advanced!! -Calum
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Hi people, after getting into cryptocurrency, I downloaded Claymore's Dual ETH GPU Miner and set up the various needed things to mine bitcoin (Wallet, address, etc.). Yet the program keeps on spewing out the same errors over again. I am running a GTX1050 2GB Card with an FX8320) CPU.
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Seems that once again Cryptocurrency like Etherium is spiking, causing some GPU prices to surge. A quick glance on Newegg, for GTX 1070 or GTX 1070 Ti cards even the RX 580 and RX 480 to some degree, shows many GPUs going for almost double MSRP. This is very unfortunate as it seemed GPU prices were just normalizing somewhat. PCGamer has written an article about this recent development which seems to cover it in some regard. http://www.pcgamer.com/hang-onto-your-graphics-cards-as-cryptocurrency-mining-spikes-gpus-prices/ I was initially tipped off to this on the PCMR subreddit. Showing a local electronics store being completely out of GPUs I have found that the site for PassMark benchmarks to show on average the price trends as it tries to find the lowest price cards to compare price/performance. GTX 1070 https://www.videocardbenchmark.net/gpu.php?gpu=GeForce+GTX+1070&id=3521 GTX 1070 TI https://www.videocardbenchmark.net/gpu.php?gpu=GeForce+GTX+1070+Ti&id=3842 -noting this cards price shows somewhat closer to normality but observe the big spike recently in the chart. GTX 1080 https://www.videocardbenchmark.net/gpu.php?gpu=GeForce+GTX+1080&id=3502 Let's hope this calms down quickly for all those who want to build a PC as the RAM price hikes are bad enough right now.
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So, I currently have a Gigabyte AORUS GeForce GTX 1080 Ti Xtreme Edition 11GB Graphic Cards GV-N108TAORUS X-11GD. I bought it in June and I've only ever used it for gaming. I was thinking, maybe I should sell it right now and just buy a Titan xP since it's a lot cheaper than a 1080Ti rn. If I should sell it, how much do you guys think I should sell it for. $1300? $1200? $1400? As in, would I get enough money back that it's worth selling.
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http://www.businessinsider.com/kashminer-kodak-bitcoin-mining-2018-1 Crazy thing about this is that the stock price of Kodak went up by about 100% as for how it does I am going to have to wait and see.
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Hi guys, since Bitcoin prices really have shot up (10000 USD for one) i really want to have a crack at it because my rig has an RX 470 4GB in it. now before that i have a few questions 1. what risks am i taking here? 2. is the RX 470 capable? 3. should i wait until the price drops to maximize profit? Thank you in advance
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Question: For instance: There are several makes of AMD Radeon R7s 240 etc that are made by: Sapphire, Gigabite, Yeston, MSI, etc. Does it matter which when using them for mining? If so Why?
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link to the contest: https://www.reddit.com/r/dogecoin/comments/7kvpy7/video_contest_18_million_doge_to_celebrate_2018/ so basically the guys over on the dogecoin reddit page are organising a contest celebrating that the year 2018 will be the year of the dog To enter the contest you have to create a short and fun video regarding dogecoin and that's it the craziest part is that right now, 18.000.000 dogecoins are worth about $144.000 also, today dogecoin has reached an all time high of $0.008768 P.S.: I am making this topic just to get more people to participate. i am not affiliated in any shape or form with the guys over there and I gain nothing from making this topic, i just wanna make more people aware of this contest and if this violates the rules i'm sorry and i will support all the consequences
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Sources: Sophos and Kaspersky Lab via Ars Technica This is a bit concerning. The battery of the phone inflated possibly due to malware jacking up the CPU all the time. This is very similar to the past thread about websites embedding miners and they as well jack up your CPU usage. AV company Sophos called this type of malware "parasitic" as they execute even without user consent. So if your shiny Google Pixel 2 or new Samsung Galaxy Note 8 decides to thermal throttle all the time, chances are it's not your installed apps running in the background hogging resources but miners cranking up CPU usage.So imagine if a phone like the HTC One M9 with Snapdragon 810 got infected by a mining malware, it'll probably like a Galaxy Note 7 unless Linus cools it with ice while it's mining Monero or Bitcoin. Kaspersky published an article detailing one of the examples of this mining malware and they named it "Trojan.AndroidOS.Loapi" or as they call "jack of all trades". More details can be found in the Kaspersky article linked above. So just a tip for anyone with an Android phone who might encounter a mining malware, if it prompted you to uninstall your Android anti-virus, don't believe it but instead scan your phone with your AV but make sure to update it with the latest signatures. What's worrisome is that it exploits social engineering and many people fall for it even though it requires user intervention and it can potentially brick your Android phone. Looks like 2018 will be a year of much worse cybersecurity woes. No word just yet on cryptomining malware on iOS but the mere fact that it's not an executable and just a script, I wouldn't be so surprised that iPhones and iPads will be the next target especially the fact that Apple's custom A11 Bionic SoC is much more powerful than the Snapdragon 835.
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Source: CNBC Is there anyone in the forum who is an economist or is currently taking macroeconomics even just a semester? Because this one from Venezuela looks a lot like the "gold standard". Prior to the fiat based greenback, the US actually used the gold standard. But then Richard Nixon ended the convertibility of US Dollar to Gold back in August 15, 1971 that's why the current dollar's value (an most currencies around the world) derive their value from government decree or the faith of the people to it as a medium of exchange for goods and services, hence it's called "fiat currency". I used to ignore this cryptocurrency thing until now that almost everyone is talking about it and there are many kinds of cryptocurrency like Bitcoin, Ethereum, Monero, etc and as it turns out you can make money out of it either by mining it yourself or using someone else's computer to mine it for you without consent. I myself still wouldn't consider mining cryptocurrency as my electricity is not free and expensive. Now, Venezuela is trying to bring back something from the past but instead of just precious metals like gold and silver, it will include diamonds and fossil fuels. Correct me if I'm wrong but I think the reason people resorted to paper currency because it's lighter than gold. Hundreds of years ago, people are using gold and silver as a medium of exchange and banks that time are gold keepers and the banks issue pieces of paper stamped corresponding to the amount of gold they deposited. If a person wants to buy something, they have to go to the bank and have their paper certificates presented to have their gold back. But then, people realized that exchanging those pieces of paper is so much easier and more convenient that having gold so they just used those paper certificates as a medium of exchange which led to the "gold standard". Now with Venezuela, how is this going to play out? You have a cryptocurrency that also doesn't have intrinsic value and would like to use that as another medium for exchange but it is backed by precious metals, stones and fossil fuels. How is this going to shore up one's economy? I'm no economist but as far as I'm concerned, if money supply is inflated without a proportional increase of goods and services will lead to currency devaluation. Would the effect be the same with cryptocurrency? Since the likes of BTC and ETH are purely digital without equivalent paper currency and minted coins, would it offset economic crises as long as it's backed up by oil or diamonds? I don't think so but I could be wrong. I think what Maduro is proposing is a rehash of the "gold standard" but I could be wrong. This is something I personally would keep an eye on. UK and the EU are regulating BTC in order to fight money laundering and terrorism. https://www.theguardian.com/technology/2017/dec/04/bitcoin-uk-eu-plan-cryptocurrency-price-traders-anonymity
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Pretty much, my cousin is a freshmen in college and he just got into Bitcoin and told me that if he was my age (just turned 16) and he knew about Bitcoin, he would've been researching a lot more. So I told all I know is that people can mine Bitcoin and how I think it works is that a computer solves a bunch of really hard math or something and you get a Bitcoin from it. ALL I KNOW. And he said, "There's mining?" and I said yes and my first PC I'm building towards Christmas is gonna have 1080ti which I'm pretty people think is very good for mining so I might mine a little (even though I know absolutely nothing about it). So pretty much here I am and what I'm asking is if (once I build the PC) I could provide specs for you and you guys could tell me exactly what settings or whatever way you do Bitcoin mining and I tell you temps and power draw (I'm pretty sure this is important to find out if you're making profit from power bills), then you guys make adjustments and I go to school, come back and check on it. I am willing to do this but I made this PC for Very High end gaming and VR gaming and 32GB (so that it doesn't F$#^ing lag when I try to quick select something in Photoshop, also because with other specs I was pretty sure that it was the perfect decision) so the thing that I'm worried about is wear down of the 1080 ti and I REALLLy want to extend it's life as much as possible, especiall because I'm gonna put it on a auto overclock or do some manual stuff. All my specs are in my signature and I hope you guys and say something about the topic, I know with my situation (want to preserve GPU) and what I'm asking that I'm probably gonna sound like an idiot and you guys might even say it can't really be done, but that doesn't matter because I just want some input. (Sorry for the grammar, I speak very Fluent english and I am very good at writing, I just am lazy and don't care about making this sound good )
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So, I've come into a bit of money through a home sale and I want to keep some relative worth of my gains. I was thinking of buying $10,000 to $20,000 worth of crytocurrency. I was curious as to the legal wranglings of doing this within the US. I understand that the government looks upon it as any other investment and currencies as "stocks", for a simplistic definition. I'm just wondering what moving such quantities of cryptocurrencies will cause given the Patriot Act. Has anyone purchased such large quantities and can anyone enlighten me about the perils and pitfalls of such a venture. Thanks
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So the other day I was mining with my 2 rx 470's and I decided to turn them off in order to clean out the dust. The next morning (I forgot to clean them) I rebooted the system to get back with mining but my main graphics card didnt boot propperly. So I swapped them over, thinking not to much about it. The system finaly turned on and I noticed that only 1 card was running and the other didnt, turns out it didnt even got detected. After some trail and error I preformed a fresh install of windows 10, installed the driver and still nothing showing up. I realy dont know what to do / what happend because I can't even find him in device manager. any tips / suggestions?
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http://metro.co.uk/2017/12/20/warning-evil-android-virus-can-actually-melt-phone-7173371/ It's official I think. Android viruses are on the rise.
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Source: Ars Technica So ransomware is old, cryptocurrency malware is the new kid. I don't think ransomware is going away anytime soon but given that many anti-virus programs have some sort of behavior blocking capabilities that can recognize known behavior of zero-day ransomware like accessing disk sectors or tampering the master boot record, block it's execution and even roll back malicious actions like unwanted encryption and with that, malware authors probably saw a decrease in people paying for ransom. Malware authors probably think why not just use their victim's PC to mine cryptocurrency without their permission. What's worrisome to these new cryptocurrency malware is that it can evade ad-blockers. There are even Chrome extensions that are being used to mine cryptocurrency and even pirated content website Pirate Bay is using stealthy miners to monetize traffic. AV vendor Bitdefender commented that these coin miners aren't full pledged malware but most anti-virus programs including detect and block cryptocurrency miners if they are being executed without user permission and users are given the chance to whitelist them. Since an ad blocker is not going to prevent stealthy miners, the best way to prevent them is to stay away from piracy websites and to use an up to date security solution. I once considered mining Ethereum after reading @Ryan_Vickers's post but I don't think what I'll earn from Ethereum is worth it since I don't have free electricity and I need an AMD graphics card.
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Hello i was looking for an online simple cryptocurrency exchange and i found two: Changelly and ShapeShift, i was wondering which one is safer, quicker, has better rates and which one is overall better?
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Hello everyone, I'm new to this forum but I have a question about mining and Bitcoin and etc. well, it's actually two questions. 1, is Bitcoin mining still profitable? And 2, what are some good hardware to start mining. Like, what asic miner should I buy, what could I buy that's small so I could just plug into my laptop and start mining (sub miners)? I have asked other forums and the spam, and troll train always comes after me. My electricity is 10 cents per kilowatt. I want to make about 20$ profit a month. I have a 1600$ budget. It's going to be online 24/7 and I'm 13, so I just wanna start making profit for college or stuff
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Out of interest to see what kind of rates my Galaxy S6 was capable of, I downloaded a crypto mining app but as a complete noob I've no idea how to begin. Reviews for this app were 4.1/5 on the play store so I thought I'd give it a try. Let's just say, I'm determined to make back the £2.50 I spent on it in the next few months So firstly, Do I need a constant internet connection to mine? Can you recommend me a server pool to join? What 'currency' should I mine nowadays as there are a few to choose from? And what's the difference between VFP and Neon? Thanks!
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So, as a bit of a personal endeavour, I am creating a Cryptocurrency! At this stage, I have no plans to release this, it's purely intended for my own research, development and pretty much curiosity. I have forked a fork of the Litecoin source, as this fork (SmallChange) has extra annotations, etc, to assist in editing and refining the code. Now, that is NOT the problem here, I can edit it fine, I know what I'm doing around the place, and I can easily get it to build for Unix on a Linux Mint VM. BUT I want to build a .exe for Windows as well. Unfortunately, I do not have the dependencies for the Linux-Windows cross-compile on the VM, and in all honesty cannot see how to retrieve said dependencies, as I have already installed them through the command line as they are required for the Unix build too. So I moved onto my native Windows (8.1 for those wondering), and installed MinGW - essentially a Unix terminal emulator for windows. Using this, I downloaded the source for my required dependencies, and built them. One of the dependencies I require is the Berkly DB (or however you spell it). This, for some reason, is not building correctly, instead opening up CCleaner - which I don't even have installed ANYWHERE on my system - when I attempt to configure the source so it can be built. Hence, why I have resorted to the LinusTechTips forum - hopefully some in-the-know folk can help me out with this. You can see below the link to my GitHub repo for the coin (BilfredCoin - so fitting, don't you think?), as well as links to all the sources I am using for this build and a link to the MinGW homepage type thing... BilfredCoin Repo: https://github.com/WCROX/BilfredCoin Boost Lib (Version 1.57.0 STABLE): http://sourceforge.net/projects/boost/files/boost/1.57.0/ OpenSSL (Version 1.0.1l): http://www.openssl.org/source/openssl-1.0.1l.tar.gz Berkly DB (Version 4.8.30.NC): http://download.oracle.com/berkeley-db/db-4.8.30.NC.tar.gz MinGW Sourceforge Page: http://sourceforge.net/projects/mingw/files/Installer/mingw-get-setup.exe/download MinGW Toolchain (Required for building): http://sourceforge.net/projects/mingw-w64/files/Toolchains%20targetting%20Win32/Personal%20Builds/mingw-builds/4.9.2/threads-posix/dwarf/i686-4.9.2-release-posix-dwarf-rt_v3-rev1.7z/download I do understand that some of these dependencies I'm using are not their most current, I do need to use these exact dependencies. I also don't mind if the build is prepared on either a Windows or Unix system, I'm just looking for some help or direction to getting a Windows Binary built (only through /src, currently only in the command-line stage of things). Thanks! Note: Sorry if I have placed this in the wrong section, or if I have not explained the situation enough. I'm new to the forums :3
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http://www.techspot.com/news/60911-new-york-lays-down-strict-rules-bitcoin-operations.html This is the first I've heard about a Governmental body wanting to be on top of this. Unfortunately, I don't know really much about US law and how states handle things. Does seem like the US Federal Government gives more control over finances to the State Governments compared to Australia
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