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This dumb mining poo poo actually convinced me to move to solar panels. It's literally what tipped the decision. So 0 in electricity "soon", for about 300 bucks of "profit" in the last month. BUY BUY BUY! MINE THAT poo poo, TO THE MOON!
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Jul 1, 2017 21:14
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MaxxBot posted:Mining profitability continues to steadily decline but the GPU shortage shows no signs of relenting, I wonder at what point people will decide to start cutting their losses and sell their hardware off, or at least stop buying up all of the stock. Never Once you're in the Bitcoin game, you're in 4 lyfe, bithc Specially since ETH is going to switch to Proof of Work/Proof of Stake hybrid and for some reason this is going to send the price TO THE MOOOOOOOOOON somehow PerrineClostermann posted:My room as a kid in Florida plus a Pentium 4 and integrated GPU would get 5 degrees warmer if the door was closed and Red Alert 2 was loaded. Is that how you got brain damage haha! I kid, I kid, Red alert 2 owned
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Jul 3, 2017 01:03
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Craptacular posted:No, other than 3D games it seemed to be running fine without doing anything, so I didn't bother.
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Jul 3, 2017 02:48
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Paul MaudDib posted:Side benefit to picking up a spare 1060 3GB for $150 a month ago: not only can I decide whether I need my 1080 for the individual game, but I also have a dedicated PhysX GPU for PUBG Absolutely helps, the GPU thread was wrong when they said a second card for Physx didn't do anything. I even think it MIGHT help more than SLI, but mostly because more games support PhysX than SLI. I know in Assassin's Creed Syndicate, putting my second card on Physx duty was more helpful than using them in SLI.
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Jul 3, 2017 03:54
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redeyes posted:Great information. I hadn't considered the child porn angle. Fun. It does seem like this is packed with legal problems and actual content distribution is still the key problem. I will withhold investment. Wait!! That's the beauty of it, you CANT prove it's child porn! Are you going to give up 50 cents in mining value every day? Buy buy buy! To the mooooooooon!
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Jul 5, 2017 00:22
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Junior Jr. posted:I'll consider quitting GPU mining only when my current rig drops less than £8.40 (or $10) a week. It's not like ASIC miners will get me anywhere, I already learned the hard way those things are just useless and only consume more power. Holy poo poo, really? That's too low even for me. What are you mining on? There's no way the components wearing out justifies that low profit. Mining crypto is so loving dumb. At least with Proof of stake you aren't wasting a lot of electricity. Anyway, excuse me while I heat my cryptoburrito on top of my GPU grill
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Jul 5, 2017 01:40
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QuarkJets posted:Proof of Stake wastes even more electricity than Proof of Work, there is no proposed proof of stake system that doesn't just turn into a roundabout proof of work system Jesus dude, that's like 50 pages of a white paper and I'm but a simple crypto miner Edit: skimming through it looks like this dude just wants to defend Bitcoinz but lol quote:“The proof of work won’t just be double-sha-256, it will do something useful for society, like finding prime numbers…” Haha, no it isn't Comfy Fleece Sweater fucked around with this message at 03:42 on Jul 5, 2017 |
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Jul 5, 2017 03:40
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So not even Proof of Stake is a less dumb verification system? How about a Hard Drive space-based algorithm ? https://www.burst-team.us It's the greenest alt coin
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Jul 5, 2017 22:20
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1gnoirents posted:Alright boys Rolling in pennies a day bro 
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Jul 6, 2017 04:29
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Fauxtool posted:Anyone have info on this new Russian beef coin? It's based on an actual commodity so it's already 1000x more reputable Proof of Beef? This is a real thing ?
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Jul 6, 2017 16:58
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MaxxBot posted:Good news everyone! This is GOOD for Bitcoin! Also I read this on Quora about Ethereum and how awesome it is because there's an Ethereum Alliance: "The technology is open-source, this means anyone can copy it. Tomorrow, JP Morgan could create their own internal blockchain and benefit from the technology without ever buying any ether. Actually, I’m pretty sure they’re doing this today. Their incentive to join the Alliance would be so Etheruem gains more traction bringing in more more funds towards this technology which they can then freely use for their own use. " TomR posted:I have 0.00375043 BTC ≈ 12.11 CAD apparently but I don't know how to spend it on anything. I'm in Canada. Someone take my bitcoins and give me a cup of coffee or something pls. Buy a sub 5 dollar video game on Steam I recommend Bad Rats Comfy Fleece Sweater fucked around with this message at 21:52 on Jul 8, 2017 |
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Jul 8, 2017 21:31
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Risky Bisquick posted:Anyone going to mine and hold? Ether hitting 200 soon. Will probably switch from nicehash to mining directly Errybody remember the cheap bitcoin but nobody remember the shitcoins that lost all value I think I'll hold on to a bit of ETH and see how it goes later. They were predicting it was going to be worth 800 dollars by August, and it's at 200, so lol, just lol I'm about to try mining Sia Coins, I like their project, for cheap online storage.
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Jul 10, 2017 16:49
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Just spray some nitrogen around your room, it will cool everything 😎
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Jul 10, 2017 20:17
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Junior Jr. posted:So keep mining until august and settle down for about a week and a half? Got it. Or give up on this bullshit mining fad I've been following the Siacoin dev and even they decided GPU/CPU mining is dumb as heck, basically due to a 51% attack vulnerability takeover risk https://blog.sia.tech/choosing-asics-for-sia-b318505b5b51 They are going to go with ASICs which are also really dumb for many reasons, mainly the huge costs in electricity and pollution and waste. This GPU mining thing is a fad Imo, so get your free crypto burritos while you can. Or maybe hold some ETH so you can maybe buy a Lamborghini in 2022, who the gently caress knows!
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Jul 10, 2017 22:35
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Amarcarts posted:Just go to college and get a job. No I want to play video games and sit at home but also be rich
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Jul 10, 2017 22:49
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Cygni posted:For future reference, as of right now cheapest on the market: New or used? I don't even know anymore
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Jul 11, 2017 05:22
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Clamps McGraw posted:Lol I got in on this being seriously worth doing for a whole solid week (my predicted payout went from $150 a month to $70 a month - 1 x 1080Ti, 1x 1050Ti 24/7) Mining is literally worse now than putting up random blogs with Adsense in the early 2000's
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Jul 11, 2017 17:17
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willroc7 posted:It's happening. Uhh what is? 9,500 dollars for something you can probably build Yourself for 2?
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Jul 11, 2017 18:54
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willroc7 posted:It's simply the signal of the beginning. Based on the profitability drop, it's inevitable. Can you give yourself a dumbshit tag to go with your anime waifu garbage? This ad reads more to me like he's trying to cash in on the mining craze, not unloading
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Jul 11, 2017 19:43
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Anime Schoolgirl posted:the true currency we mine....is self-directed schadenfreude I hate myself so bitcoin mining is perfect for me!
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Jul 12, 2017 00:04
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In a few weeks I'll have to... pay for my burrito again 😱😭
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Jul 12, 2017 16:11
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MaxxBot posted:Wow profits are actually trending in the positive direction today! Yes I WILL pay for the extra guac, peasant! Now hand me my burrito!
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Jul 12, 2017 20:32
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If you weren't cashing out immediately and buying crypto burritos, I don't know what to tell you, guysPrescription Combs posted:Shiiiiit is the resale market crashing? I've inherited my deceased step brothers mining poo poo that I was going to test, clean up, and offload. Lol
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Jul 17, 2017 19:44
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Prescription Combs posted:Checked the wallet and he cashed it out before the deed. His death was not related to the buttcoin markets directly. Just used it to fund his addiction. Jesus, you were serious? Sorry man 
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Jul 18, 2017 00:48
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Cygni posted:another cryptocurrency caper, $37m in ether jacked This is actually good for ETH, because... gently caress I don't know but the price went slightly up I self owned myself this week, I've been wanting a Switch for a few weeks now and I had the cash but for some reason I decided to buy a couple ETH with it instead of a Switch and Zelda. 
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Jul 20, 2017 17:00
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Wow you're losing out on untold riches man
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Jul 21, 2017 00:00
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Lol just don't pay taxes, idiots 😂
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Jul 21, 2017 03:40
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Clarification for IRS agents: the previous comment was a "joke" meant for personal amusement and in no way indicative of my intense respect for taxation laws and institutions, which I obey to the fullest extent of the spirit and letter of the law
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Jul 21, 2017 03:41
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Fauxtool posted:bitcoin fits none of those categories. The only way 99% of bitcoiners make a taxable income is accidentally It's arguable more money is lost than earned, if you waste your time by messing with bitcoins
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Jul 22, 2017 03:57
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That's actually good for Bitcoins, because gently caress I don't know, price up 20% last week
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Jul 22, 2017 17:27
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More bits for the bit gods
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Jul 22, 2017 21:59
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Junior Jr. posted:It's almost time for that new data fork thingamajig come august, but china's already quickly storing its bitcoins beforehand. I think the crypto rate will just be pretty low for about a month or so. That's good for bitcoin, because... After this slight crash, it's UP UP UP!
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Jul 26, 2017 14:50
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1gnoirents posted:Even at its worst so far that comes out to like 6 days a month to make up for power The money is computar? Lol Eh I can laugh at the stupidity of all this, and still enjoy my cryptoburritos
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Jul 26, 2017 15:28
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Yeah pleeeeease stop mining, it's sooo bad for you guys 🙄
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Jul 26, 2017 15:54
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QuarkJets posted:If you're mining bitcoin, specifically, then yes there is no way that you are paying off your own power bills. Altcoins will vary by your hardware, how much you pay for electricity, and whether you need to also pay for cooling. Plus don't forget transaction fees IT'S FREE MONEY
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Jul 26, 2017 23:59
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MaxxBot posted:Mining profits are going up, up up! This is gonna be a two burrito day! Lol at the idiots who sold their cards! It wasn't a crash it was getting ready to soar!
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Aug 5, 2017 04:43
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1gnoirents posted:Wtf I check my computer and see nicehash and it says some dollar amount that makes no sense so I check coinbase and bitcoin is $3850? Jesus The guy who said 4,000 after the fork was correct!  100,000 bitcoin here we go! To the mooooooooooooooo
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Aug 12, 2017 16:43
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Well that's what Satoshi nakamots vision was, you can be your own bank, and unfortunately some criminal elements are going to take advantage of this but overall, the mafia using Bitcoin is actually good for bitcoin
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Aug 22, 2017 02:45
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Harik posted:Monero's privacy-by-default is pretty interesting, but I'm not positive how the hell you prevent double spends when every transaction "could" go to a half dozen different addresses for different amounts. It seems like you could put multiple of your own addresses in the ring as cloaking (for 'change'), let the person see the TX confirm, then sweep the whole transaction back under your own control. The Blockchain heals all!
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Aug 22, 2017 23:40
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Arivia posted:"This is my future proofing for my family." I was in a Latin American Ethereum group Full of idiots One guy posted about how mining Ethereum accounted for 60% of his family income and he was very happy I had to leave that group
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