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IT SUCKS thae market is killing me with these over insane prices , do you know a good GPU for cheap nowadays? ( by cheap i mean 100-200 usd )

#SolidGold Last night, for the first time, the value of Bitcoin was higher than gold: $1,268 (about £1036) for one Bitcoin vs $1,233 (about £1,008) for a troy ounce of gold when the markets closed. The volatile cryptocurrency recently made history by closing in on one of the most valuable product on the market 'Gold' , The current high is being attributed to surging demand in China, many experts have questioned whether the crypto-currency will last but it's been pretty rough ride i dont follow much about bitcoin, but i do know it's a potentially valuable asset for trade , personally i dont trust bitcoins legitimity , this might be a potential bubble that could pop in the future , So feel free to discuss this topic & give your opinions down below sources: http://www.bbc.com/news/business-39149475 http://www.gizmodo.co.uk/2017/03/bitcoin-is-now-worth-more-than-gold/

source: https://videocardz.com/70162/amd-and-nvidia-preparing-graphics-cards-for-cryptocurrency-mining it is known that the crypto currency mining craze has hit both nVidia and AMD quite hard with the launch of the new generation chinese coin mining farms have bought video cards in bulk just to use them in coin mining while gamers were desperate to find cards in stores according to VideoCardz, both nVidia and AMD are preparing special Pascal and Polaris cards dedicated solely to compute tasks 90d warranty I think it's not attainable in certain markets where products must have a minimum of 1y warranty - depends on the country

Well this is going to be great news for some people and bad for most http://www.guru3d.com/news-story/rumor-radeon-rx-vega-cards-look-to-be-insanely-good-crypto-currency-miners.html

So i am new to the forum, but i have been a long time view of all things linus. this is my first post and i'm not sure where or how i'm supposed to do this, but for anyone interested, and hopefully for Wan show 8/4/17, i wanted to let people know that Ars Technica has a new article available. it would seem that a faction has split off of Bitcoins main group and created Bitcoin cash. so now each bitcoin became 2 bitcoins completely individual from each other. so now i'm wondering what people think happened or what this might lead to. will the prices continue to increase in this cryptocurrency nightmare era or will this split signify discontent in the market and potential for things to start going down hill for this group and maybe others? -Waites4N1 (link to Ars Technica article: https://arstechnica.com/tech-policy/2017/08/why-the-bitcoin-network-just-split-in-half-and-why-it-matters/ ) Edit: it also seems that it's a new way to combat the data limit for the transaction blocks. i am not very versed in Bitcoin functionality so i would love to see if anyone else has more information or what impact this might have on the market.

A while a ago we heard rumours about insane crypto currency mining performance on Vega with upcoming drivers. According to them, RX Vega would achieve numbers around 60-70 MH/s, or even more. There's a topic about the matter here. Today, alongside RX Vega unboxing, Finnish tech journalist Sampsa Kurri from Io-tech revealed that, at least according to his testing, the previous rumours are false. He started by telling the obvious, that we have to wait until Monday for benchmark numbers and other testing. But then he added: (this is my clumsy translation) So at least with the driver that reviewers are using in their current testing, the mining performance shouln't be anything extraordinary. Of course it's always possible that there's an even newer driver on it's way that has improvements. But to me it seems unlikely right now. Source (in Finnish): Io-tech's RX Vega unboxing at 10:32

Okay, so I'm just getting into Ethereum mining, currently my GTX 1080 is doing all the work and is sitting at a solid 22.5 MH/s for Ethereum and 1100 MH/s for Siacoin. I also have a GTX 770 in my rig as well that I use occasionally to speed up my 1080 (I do 3D Rendering with Octane sometimes so it scales linearly with added GPUS) however since it only has 2GB of vram I haven't been able to get it to work for mining Ethereum. So i was looking at getting an RX 580 or some AMD card because they're top end for mining right now, however of course they're sold out EVERYWHERE. Thats when I realised that I live in a relatively small city with a much older population (scoorreeeee) so I looked online and sure enough the privately owned small computer shot here has some 580s in stock, and sure enough they haven't raised the price at all (guess they're unaware of the market status). So I'm wondering if I were to purchase a 580, would my EVGA 850 G2 PSU be able to power my 1080 and a 580 both overclocked? My other PC specs are an i7-4790K, 16GB of ram, an SSD and a HDD, an Elgato HD60 Pro, and a Corsair H115i or something. Of course I'd be dropping the GTX 770 for the 580.

Basically I put an email notification on EVGA's site for the EVGA 1080 Ti FTW3 and on Wednesday night my phone popped up with an email that it was available so I jumped on it really quickly and bought it and it's coming in 4 - 5 days. Just wanted to inform you guys in case it helps

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

I am extremely new to crypto currency mining.I just bought a 1080 for gaming and other video intensive processes and I was thinking about getting into crypto. I know if you don't do it right you wont be making any money, but that's not my concern. I just want to experiment with it and learn some more about it. My main question is is it bad for your GPU. Now obviously it isn't good, but I got an EVGA gtx FTW 1080 card and it actually mines fairly well. I tested it out for about 20-30 min. My temps weren't terrible at first when i was using the stock fan curve. They were bouncing between 74-75 degrees Celsius. But when I turned the fans all the way up it was sitting at around 45-50. Temps are the killer right? My fans running at a 100% is going to effect the longevity of them also. But, if my temps are good it should be fine to turn on for an hour or two while i'm at school or work. I would like some feedback and I want to know if my thinking is correct. Thanks!

HOW I GOT BITCOIN EDIT Cloudminer.BIZ IS A SCAM some free accounts get a pay out some never they aim to get you to invest 0.005BTC and they will pay you unill around 0.003BTC - 0.0034BTC after this you will get no more payouts. After realising it wasn't a scam I decided to go from 10 Satoshi/min to 110 Satoshi/min by investing 0.005 BTC (Satoshi is basically BTC to 8 Decimal places). USING BITCOIN After A few days, I had enough BTC to buy a pc case I spotted on Scan (Here is the case) but at the checkout I found out they use BIt Pay , So here we go let's make a Bit Pay Account and transfer the BTC because although coinbase and bit pay can be linked it doesn't exactly work so you need to send to your bit pay wallet and incur 0.0004BTC fees. After replacing what was lost in fees by buying BTC from coinbase again cant be done directly to BIt Pay wallet due to coinbase intergration not working as it should, I just scanned the QR code at checkout and paid another 0.0005 in fees but the order is compleat. Why Invest or Use Now The reason I have done this now is due to the spike to 15KGBP allot or miners and investors pulled out there BTC for their country's currency dropping bitcoins demand and price to 7KGBP so its a good spot to get now as the value is slowly going back up. Pros Low Starting Cost Daily increasing value Cons Fees can be up to 60% of your overall transaction Market volatility Complexity to use Multiple accounts for one goal Bit Pays decision to not allow you to use your own wallet anymore (use to show direct Address and note for transactions now uses Bit Pay only QR and URL) Summary Although it's complicated there is a chance to make your money work for you and It will work as long and your willing to squeeze through hoops. purchases lower than £95, 110Euro and $140USD are just not worth it due to fees to do wallet to wallet to purchase.

My father approached me earlier saying he would fund a mining system and as soon as it paid itself off i could have the rest of the profit. I know what mining is and how it works but i don't know if gpu mining is the best way to go or dedicated machines. I have fairly low internet and some money to spend. Is it worth getting into mining this late and any other tips or help you guys have?

I have just bought a palit 1060 6gb and havent touched anything to do with overclocking.When I am mining ethereum and only getting 2mh/s when I should be getting 20. Anyone know why and/or how to increase hashrate to 20 mh/s

I know that there is a lot of data on making money with crypto-currency but I just want to cut the crap and ask if I could make money doing it. It seems like it's a simple equation that an experienced miner could answer for me just knowing the best/most efficient rig and electrical costs. What's the best mining right you can buy today? If I bought such a rig could I make any money mining bitcoin with my electrical rates at $.0914 per kWh?

Back in Black Bitcoin mining supercomputer manufacture Bitcoin Brothers is launching its hosted bitcoin mining services , After over two years in steath mode the duo lauched their new Bitcoin mining service with improved hardware Massive machines based on 3D 16nm FinFET ASICs are set to restore Bitcoin value and scale the blockchain for the future.. Bitcoin Brothers introduces Massive Super-Efficient Machines (MSEM) as the future computing platform of profitable Bitcoin Cloud Mining and blockchain transactions. The supercomputers at over 6 petahash each are built on the first 3D 16nm FinFET ASICs designed by and exclusive to Bitcoin Brothers. First 16nm ASIC in the Bitcoin world: 
outperforms 14nm chips in both computing power and low energy use No more risk of buying and operating mining hardware Offer pay-as-you-go flexible and inexpensive cloud mining Any amount of giga-, tera-, and petahashes to lease Miners retain full logical control of their operation and choice of pool Each supercomputer has the power of 5,000 stand-alone 1st-gen bricks Blockchain growth for the traffic expected with merchant and consumer adoption Founded by an ex-German military cryptologist Mark Welle and his brother Maik, the Berlin-based company is offering to sell mining services using its supercomputers that have processing capabilities of over 6 petahash Each 6-petahash MSEM contains 256,000 of our own 16nm FinFET Plus 3D ASICs Scales up to Meta-MSEMs, in which 1.5 exahash are controlled from a single console The new services means that bitcoin miners don’t have to invest in their own hardware, and can instead mine using the latest and greatest in bitcoin mining technology. PS: Todays Bitcoin Value as of this post date & time is 329.24$ The raw power of Bitcoin Brothers supercomputers not only offers a new efficiency level for the blockchain, but being so much more powerful than the world's fastest computers, makes the entire cryptocurrency market safe against brute-force hacking attacks by the time these guys will have deployed 1 exahash on the blockchain, these machines will likely be built on the 10nm ASIC level. Bonus: Post your comments down below... & Leave a like if possible Direct link: (press announcement) http://bitcoinbrothers.de/press/pr20141103 News link: http://techcrunch.com/2014/11/02/bitcoin-brothers-aim-to-disrupt-bitcoin-mining-with-new-more-powerful-supercomputers/

We've all heard about Casinos and certain universities accepting bitcoin,Now a major player has entered into the crypto currency game , but its not accepting, but rather giving out Bitcoins to its Students for free. Brand new news surrounding Bitcoins emerged, as the Massachusetts Institute of Technology is experimenting with the cryptocurrency, MIT officials are now offering their new undergrads upto 100$ in bitcoin money as a part of a project they're developing. given they're not accepting any currencies as of now, but its a project on work/devolopment. the project is working under "MIT Bitcoin club" the goal of the project is to create a small community of bitcoin users who then use it to create a small crypto coin economy and experiment with benifits and cons of this non-government backed currency as weather it will trend or sustain the economy for a certain amount of time. (courtesy:yahoo.com) Current project manager Jeremy Rubin (sophmore/Left side of the picture above) and Dan Elitzer (MBA candidate/president of MIT BTC Club) raised 500,000$ from alumni and ofcourse from bitcoin community to fund this project, the plan is to expand the economy from the small community to the whole university , it's a "hit or miss" as the project devolopers know the risks underlying the murky crypto currency and its trust value, Project devolopers are saying that they will be doing the bitcoin exchange in a secure fashion. :blink: (yeah, like that'll work) , one of the goal is to explore the benifits crypto currency has on the society., as time progresses several units and area stores will be made within the campus community where students can trade bitcoins for products/services, thus expanding the community to a larger base. sources: Post your comments and rants down below and dont forget to rate this thread, this is my first time posting a topic on this thread , so Criticism (bad & good) and epic rants are welcome, Thanks for reading so far, here have a cookie a ninja always tread lightly

I was checking out Kakaostats because I like to see how I'm doing and what progress the team has made in climbing up the ranks, and I noticed something odd. There was a new team, "Curecoin", that I had never seen before and somehow its set to overtake us in the next 3 days. At first I couldn't believe it, but it turns out that somehow Curecoin is producing OVER 5 TIMES as many points per day as Folding@evga who was previously the top producing team and due to become ranked number one shortly. My jaw is on the floor at this point. After some google searches I figured out that curecoin is infact a crypto-currency that pays based on how many points you produce for their folding team. It's not the first time that something similar has happened, every year Evga gives away "Evga bucks" to high producing members of their folding team which can be used to purchase products from their online store which includes graphics cards. This is slightly different though, and I'm not quite sure what to think of it just yet. I'm not even sure how a system like this would work in the long run, but its hard to ignore its success so far. Most importantly, I'm curious to hear the thoughts of some of the Folding and Boinc veterans that frequent this forum because curecoin has essentially created a "grey area" in between charity work and employment which brings up some very interesting questions. http://kakaostats.com/tsum.php?t=224497 http://www.curecoin.us/index.php

when we have only just got over doge coin http://coinyeco.in/ i cant even do any research i'm just face palming really hard