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There's been some AirDrop on Twitter for a few days now, it has 2.7M posts. This is a crypto related AirDrop. Who knows anything about it? Isn't this a scam? Because some crypto projects are a scam. I would like a detailed explanation if possible.
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Summary Popular blockchains have a public ledger, meaning all transactions are public. E.g. you know when and for how much the first burger was bought for $APE at the BAYC themed store, and all transaction that person ever made with that address and all clients of the store. To solve the privacy problem introduced by blockchain technology, Mixers were introduced, that use smart contracts to pool together money in a big pot, and people use smart contracts to take money out of the pot and in a new "clean" address. Fraudsters also have the privacy problem, and used the system as one of many steps in their money laundering. For a mixer to work, legitimate transactions must be much bigger than fraudolent transactions. Following a long streak of high profle frauds and bankrupcies that affected pensions founds, the USA treasury has sanctioned Tornado Cash, a tool instrumental in laundering crypto procedings. Legal entities are quickly moving to comply with the sanctions, including github removing the code repo, the website going down, and Torando Cash wallet addresses being blacklisted by Circle. Update: first arrest linked to Tornado Cash USA Sanctions in the Netherlands Quotes My thoughts It was high time meaningful action was taken by regulators to protect consumers from blockchain, and this is likely just the beginning. Governments can no longer ignore crypto startups acting as de facto banks while offering none of the protections. I would like for blockchain tokens to have the same regulatory requirements as stocks (disclosures to prevent insider trading and wash trading. Taxation), for Exchanges to have the same regulatory requirement of banks (deposit insurance, KYC and AML) and brokers (regulate asset distribution in bankrupcy, book keeping and risk disclosure). I'm a strong advocate for privacy, like end-to-end encryption for chat applications, and I'm against inserting government backdoors to software. I think the abuse of privacy tools from the blockchain industry to facilitate money laundering just makes the battle for privacy harder and makes censorship harder to fight. I welcome strong measures against the fraudster friendly tools like Tornado Cash. Especially because the privacy problem of Ethereum and Bitcoin are self inflicted, and the solution to the self inflicted problem is a tool adored by fraudsters... In this forum I covered the news of the Axie Infinity hack a few months back. It was later discovered that the North Korean government and its Lazarus Group were behind the hack and used Tornado Cash as first step to launder the proceedings. Sources https://home.treasury.gov/news/press-releases/jy0916 https://www.fiod.nl/arrest-of-suspected-developer-of-tornado-cash/
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Wanting to build a gpu mining rig. I have like 700 for the rig (no gpus). I have 2 1080s already. I will also be using nicehash. Would prefer to be able to use up to 6 gpus. The cheaper the better. Thanks
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cryptominer Underpayment by ethereum
Zetsubou55555 posted a topic in Folding@home, Boinc, and Coin Mining
I am new to mining, I would like you to help me, yesterday I received my payment of mining 0.006 eth (18$ usd) and it turns out that I only received 0.0004 eth (1.20$ usd) the transaction was 0.001 eth(4$ usd) I am sure I did everything right at the time of the transfer, because before I had already withdrawn and they did not discount a lot of percentage please help me -
I want to invest in crypto for a long term basis. Any suggestions which would be better to invest in. I'm considering cardano, eth and btc.
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Summary: Benchmarks and hashrates for the new RTX 3060 LHR (GA106-302, the one with the new SKU) are released on EXPreview.com [1], based on a model from ZOTAC released exclusively in China two weeks ago [2]. Upon first mining tests, it seems that the card would immediately start with a lower hash rate, unlike the original RTX 3060 which lowers its hash rate after running a period of time [3]. This supports the previous rumors that Nvidia would implement further changes to the limiter, possibly at hardware level instead of relying on software/drivers [4]. The new RTX 3060 performs around 20-22 MH/s at 119W (stock settings). There are apparently no differences in gaming and other synthetic performance. The upcoming RTX 3080 Ti mining performance has also been leaked. According to the claims, the card performs at 57-58 MH/s at 299W (stock settings), which indicates limitation to hashrate also in effect. Quotes My thoughts Hopefully whatever change Nvidia made implements some robust hardware-based mining limiter otherwise it would be vulnerable to the same exploits as their earlier oopsie. However, still no indications of changes to limit other mining algorithms. It is also unknown whether the new limitations in place could still be partially unlocked on linux [5], as miner devs have recently managed to somehow come up with workarounds that allow the original RTX 3060 to run at 75% hashrate on risers with no displays plugged in (older drivers only for now). Sources [1] https://www.expreview.com/79161.html (Chinese) [2] https://www.neowin.net/news/zotac-outs-its-rtx-3060-lite-hash-rate-lhr-series-few-all-new-models-as-well/ [3] https://videocardz.com/newz/nvidia-geforce-rtx-3060-lhr-and-rtx-3080-ti-with-new-crytomining-limiter-have-been-tested [4] https://linustechtips.com/topic/1328034-new-ga106-302-rtx-3060-revision-coming-with-hardware-based-mining-limiter-coming-in-may-possibly-coming-to-the-rest-of-rtx-30-series/ [5] https://bitcointalk.org/index.php?topic=4724735.msg57016759#msg57016759
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Hello Everyone Sorry for my bad English. i am new to mining stuff. i just started mining last month. i am facing some problems right now. hope i can get some solutions from here. i watched linus latest video on Nicehash Mining. and i am using nicehash miner (not using quickminer) i have a old gaming system with x5670 xeon @4.00 Ghz @1.34v, 16GB RAM, GTX 1060 6GB. so i was getting a pretty good hash rate with my GPU about 20 - 21 MH/s @80-83 Watts i thought i should use my cpu too for mining. and started doing that too .. now my cpu is also mining for about 0.30$ USD. But today i received my electricity bill which was about 14$ USD more then last month(when i wasn't mining). i don't mine 24/7.. i mostly mine 12 hours a day.. and my total gross income from mining is about 33$. now i don't think so it is that profitable. since i was expecting 5-8$ USD increment in my electricity bill.. now what i am thinking that i was using my overclocked xeon too for mining.. does it consume that much electricity? should i stop mining from my cpu? and disable overclock from my cpu when i am using my GPU to mine? since it might make my cpu use less electricity when it is idling? any advice will be great.
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Summary Greyscale a major bitcoin holder has now entered into the realm of ethereum Quotes My thoughts Ethereum will really begin to take off with such a major player stepping into the game. Also just to make sure this is on the up and up I do own BAT and MANA however this news story encompasses lots of other coins and will be a major catalyst for Ethereum adoption. Sources https://finance.yahoo.com/grayscale-investments-launches-five-investment-130000906.html
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Summary On 3/12 2021 a user successfully placed a order for domino's pizza through a in-game kiosk built buy another user named Lastraum. All while never leaving the blockchain based world called decentraland. Quotes My thoughts I think is freaking amazing that decentraland users are pushing this technology so far so fast. As a user and a mana coin holder in just the past few weeks I've seen this place explode in popularity. It's definitely going to be the beginning of ready player one style world and we are only just seeing the early stages. Sources https://www.playtoearn.online/2021/03/11/soon-you-order-pizza-while-traveling-in-decentraland/
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Some of you may already be aware of the issue with the VRAM Temperatures on the RTX 3080 and 3090 GPUs (Especially the FEs). HWINFO64 now shows the GPU Memory Junction temp. While gaming, the temperature of the VRAM on these cards loves to hover around 90c-103c! According to Nvidia, this is within spec and "should be fine". Like almost everyone else and their dog, I have also been following the current crypto craze and began mining with my 3080 while not gaming to experiment and earn a bit of side cash. However, these high VRAM temps seem to be exacerbated when performing any VRAM intensive tasks (e.g. Rendering or Mining). I have observed temps of 106-108c while maintaining a MH/s of 99 and 75% PL on 80% Fan Speed. If the fans are turned down lower, the VRAM will redline at 110c and throttling begins. I engaged an Nvidia Customer Service rep via their live chat and asked if this behavior was normal and if operating these cards at this kind of temperature for 24/7 workloads would cause excessive harm (obviously using your GPU will shorten it's lifespan, but there's a difference between getting 3 years out of a card and getting 3 months). The customer service rep said that as long as the core clock temp was below 70, the card was working as expected the VRAM is within spec to go up to 110c. If it were to fail under these conditions within three years of purchase, it would qualify for an RMA. Now, weather or not Nvidia Customer Service is qualified to make statements like that, I'm not sure. Would any of you see an issue with allowing GDDR6x to sit at around 104-108c for 24/7. You would assume that operating your GPU underneath the throttle point would be fine, but it's hard to tell how hot these chips are actually supposed to get. Whats the community's take on this issue?2
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So I recently decided that due to the state of Ethereum I'd try mining it for fun and maybe even make a little cash. I found that driving down the core clock and firing up the memory clock gave me some nice has rates. How high should I clock my memory? Will it get to hot? Will it hurt my system or GPU? Is there any other things I can do to maximize performance from my card without harming it?
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So I bought an RTX 2060 Ventus OC around the middle of 2020 and wanted to try Ethereum mining for fun and to test my OC abilities. I found that decreasing the core clock and increasing the mem clock allowed for some insane hashrates. I was getting 27 mh/s with stock settings. Then when moving up to +1300 mem and -502 core I got 33.5 mh/s. If I wanted to leave my rig mining overnight would it be safe to leave the clocks that high on the memory? Would it overheat?
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NVIDIA releases CMP lineup and reduces hashing rates on GeForce cards
Guest posted a topic in Tech News
Summary With the launch of the RTX 3060 approaching on Feb. 25, NVIDIA wants to deter crypto miners from purchasing up all of the new cards by introducing an entirely new lineup of processors, which they call "Cryptocurrency Mining Processors." They're also using their drivers to limit the hash rate when mining-type algorithms are being run on the new RTX card. This is in an effort to differentiate between their gaming series of cards and cards meant for miners. Quotes My thoughts I think this is a step in the right direction, but isn't going to do much to solve the scalping issues that have plagued previous 30-series launches. I'm not familiar with how locked down drivers are on these cards or how often this sort of thing happens, but it's possible that the mining community will develop their own drivers and buy up the GeForce cards anyway. Sources https://blogs.nvidia.com/blog/2021/02/18/geforce-cmp/ https://www.nvidia.com/en-us/cmp/ https://hothardware.com/news/nvidia-geforce-rtx-3060-availability-crypto-mining-cmp-gpu https://www.pcgamer.com/nvidia-cmp-mining-cards-rtx-3060-half-hash-rate/ https://www.anandtech.com/show/16493/nvidia-launches-cmp-dedicated-mining-hardware https://www.theverge.com/circuitbreaker/2021/2/18/22290362/nvidia-will-not-reduce-3060-ti-3070-3080-3090-eth-mining -
A mining farm has been spotted in the US with as many as 78 PNY GeForce RTX 3080 graphics cards. In a world where it’s hard to find even a single gaming graphics card, this miner managed to buy almost a hundred of them: Nearly one hundred of NVIDIA’s almost fastest GPUs for a single person, and not even for gaming. Source 1: https://www.hardwaretimes.com/mining-farm-with-78-pny-geforce-rtx-3080s-spotted-capable-of-gen-128088-per-year/ Source 2: https://www.tweaktown.com/news/76979/this-78-geforce-rtx-3080-crypto-mining-rig-makes-128-000-per-year/index.html This is quite the exceptional operation; not just the annual accumulation of 128-thousand dollars per year, but the fact that the person was even able to snag 78 RTX 3080s to make it happen (that is in itself more impressive than the actual mining farm, to be honest). The question though, is how many of these are in the wild that have not been discovered or disclosed? Makes you wonder why stock or supply issues have been so apparent. This is only one mining farm we know of utilizing Ampere cards, imagine all the ones that possibly exist that we don't know about...
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Hi, I am trying to set up a mining rig. Can you give suggestions on the best hardware. Suggestions on the motherboard, CPU and the GPUs will be very helpful.
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I am planning on adding an extra GPU to my crypto miner. I currently have 2x pci-e 6 left (1 per PSU, 2 PSU's in total). I wondered if it was possible to convert those 2 single 6pin pci-e slots, to 1 pci 8pin to power 1 more GPU. In case it it relevant, I also got 2 spare 2pin pci-e pins left. Those are not used because my other gpu's used 14 pins total, and thus left me with 2x 2pci-e pins.These pins come from 1 PSU. Kind regards.
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Good evening all ! This is come off as early: but I am building an ETH staking PC (even though ETH staking isn't out yet). Anyways, staking will require a PC to be up-and-running all the time, however it won't be mining it will simply be validating transactions by communicating with the internet. The challenge comes in the form of reliability: a strange question, I know. But I need a PC that will have multiple back-up drives that can run all the time without me worrying about them breaking. I need a PC with parts that are know to be reliable. Looking online, I don't find much information. Can anyone recommend a me a build with parts that are know to be reliable, rather than performant. Performance is not an issue, as the PC won't be doing much.
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I set up a cryptocurrency mining rig for a family member recently and set him up with a b250 Mining Expert from Asus (Pentium G4400, 1x4gb ram, 120gb SSD) and we started with 5 RX580s (Asus Dual series) to mine with (3 plugged into the top row of x1 slots, 1 into the x16 slot, and 1 into the first of the second row of x1 slots) powered by an AX1600i. All of them are plugged in correctly with the psu powering everything, including the aux power for the slots I'm using. I'm currently using WinEth to mine on Windows 10 64-bit. The issue that I'm having however is that whenever I click "Start Mining" at random, only 2 or 3 of the cards actually get used. I have all the latest drivers installed, I have set their load to compute in the radeon driver settings. The weird part is that it's always a different 2 or 3 cards that get 'chosen' to actually do calculations. As most of you are well aware, you need some pretty damn good efficiency to get anywhere with GPU mining nowadays, so I'd like to have this up and running properly ASAP. Thank you in advance for your help!
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Dear internets, about two years ago I was farming ethereum. I did it for a coulpe of months, and forgot about it since. Since then its price rose so I would like to sell it. The problem is that back then I mined via nanopool, and now when I come to visit nanopool.org, the site is different than it used to be and there is no login option. So I would appreciate some instructions on how I can sell what I have. Thank you!
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So when I am not playing games I let my rx-480 mine Ethereum with the claymore miner so that I can make a small amount while I am still on the schools power and not paying for it. After doing a windows update yesterday (not by choice) my hash rate was down to less than half (like probably a third) of what it used to be. I asked @jakkuh_t on twitter and he told me to set my gpu from graphics to compute mode which did bring it up about 30% but still is only about 45% of what I used to get and I am not sure why. Side not that I never did anything special to make it mine faster, I always just left it as is and started the miner, no overclocking or messing with the settings in any way.
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Gaming redefined by blockchain, WAR FIELD is a multiplayer first-person shooter that uses Ethereum-based tokens you can buy, sell, and win for skilful play. Q: With a setting like that are you sold? A: Na, me neither! Lets continue then... This game uses a Ethereum-based GOLDER (GLDR) coin that is used as your WAR FIELD lucre. P.s. As you can tell I'm highlighting the important parts. Disclaimer: Don't get me wrong, if you want to use your money for this then go ahead. But 'Dude from the Internet', seriously? I'm not a Crypto Miner so to joey blogs this all sounds like a ripe-off and just a little extra info, 2,571 BILLION coins are available to start with at a 1 GLDR = USD 0.01 ratio so if you want to make some money, now is the time. This is a US and Europe only game as of right now. Release Date: 2018-06-21 War Field Development Roadmap: I had chance to have a conversation with them and here is what they had to say: My Final Explanation: So it’s not Free to Play then if you have to Pay to Live unless you are good enough to kill anyone. Full disclosure: I found this game by chance on a Facebook Ad served to me on the iPhone App. I have no affiliation, nor am I profiting in anyway from this. Ending out by saying: What I would like to know is, how many Crypto Mines see this as a good thing or do you see it as a scam to those who aren't good at a game and those that are will profit from them. Maybe you have a different opinion on this. Anyway, have a good day and I hope @LinusTech & @Slick, you might be able to talk about this tonight or next week on WAN Show. White paper is in the attachments else it can be found here: warfield_wp.pdf warfield_wp.pdf
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this is rev2.0 in progress pros: - small volume (700x340x270mm) = 64liters - normal "frame" rig is about 100+ liters - small footprint - easy to carry/move (possible to ship whole rig without problem - i already send 8 gpu rig internationally with standard dimesion box - i mean not oversize - this impossible to do it with normal wood or even metal frame - with front fans (even @ 5/7V) lower temps than "frame" rig - mounted pci-e/usb risers - I am build rig without gpu - all connected - after that prepared rig 12x gpu connection take only 2 min - also replace gpu is very quick - all mobos support (itx/atx/eatx/even ssi-eeb) - easy replacement mobo or gpu riser alu panel - so for example I can put any number of gpus - for example 8 - with more spacing between them or even 16-17gpu dual slot gpus should fit (but then will be only 1-2mm of spacing between them) - nice look - easier to organize cables inside - atx or server psu mounts (not in pictures - i should get them from cnc shop next week) + bonus feature - full modular interior design, so instead of mining rig it can be use as normal pc case - watercooled or NAS rig (72x HDDs should fit)
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So I posted this in Discord, but thought I'd also reach out here to get some thoughts. With Bitmain announcing their Ethereum ASIC, I've noticed an uptick in the amount of GPUs being sold secondhand on Ebay, Craigslist, and FB Marketplace (not a huge one, but I check the listings almost daily looking for a good deal). Usually, the GPUs used for mining are the ones that are being sold cheapest, usually at or slightly below MSRP (a sad statement in and of itself), which brings me to my question. What are the dangers of buying a GPU that was used for mining? Having checked the Google, I found a couple of articles that pointed to the main point of wear being in the cooling apparatus--typically the fans, but also in the thermal compound connecting the chips to the heatsink. While cooling is definitely something to consider (especially in the Mini ITX case this is planned for), aftermarket GPU cooling solutions do exist, and if needed, I could just replace the VGA cooler. Is that the only concern that comes with the type of use that mining sees? If a GPU is constantly run at 100% for an extended period, what sorts of wear and tear will show up? Is there anything that can't be repaired with either an aftermarket VGA cooler or a soldering iron and a trip to the hobby electronics 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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