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 Cryptocurrencies Mining, Hardware,. Pool, software

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mostwanted82
post Jun 30 2017, 08:03 PM

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QUOTE(Leohart @ Jun 30 2017, 06:06 PM)
google Claymore miner for the tool to mine ETH, zcash or dual mining.
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Thanks for the reply, claymore is running now but i have questions.
For the ETH wallet address in the .bat file, can i put the ETH wallet address i got from Exodus?
How can i know if i've successfully minded any ETH? any keyword in the log file?
kmarc
post Jun 30 2017, 08:05 PM

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QUOTE(zamans98 @ Jun 30 2017, 07:04 PM)
Earliest delivery is June 2018.
By the time, BTC could be 10,000 or the company vanishes
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QUOTE(jack2 @ Jun 30 2017, 07:16 PM)
Not worth to pay 1BTC while waiting period is 1 year and the money serves nothing.

Several risks associated with this investment decisions while you can utilise the 1BTC to.invest in ETH, ANS or cloud mining and the earnings in the year would be far better.
*
No arguments there. Hence the backlash of many people when the terms and conditions were announced.
Leohart
post Jun 30 2017, 08:17 PM

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QUOTE(mostwanted82 @ Jun 30 2017, 09:03 PM)
Thanks for the reply, claymore is running now but i have questions.
For the ETH wallet address in the .bat file, can i put the ETH wallet address i got from Exodus?
How can i know if i've successfully minded any ETH? any keyword in the log file?
*
yes..im using exodus wallet as well...no issue for that...nanopool will pay to ur exodus address.

example...if u use nanopool go here https://eth.nanopool.org/ and put ur wallet address to seach after half hour of mining and you will see ur mining progress. nanopol minimum payout is 0.2 ETH
jonathan_k
post Jun 30 2017, 08:17 PM

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which is the best way to convert mined eth to btc? i used changelly before. rate differ a lot compare to shown rate. I have polo acc but required minimum deposit of 1eth
jonathan_k
post Jun 30 2017, 08:19 PM

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QUOTE(mostwanted82 @ Jun 30 2017, 08:03 PM)
Thanks for the reply, claymore is running now but i have questions.
For the ETH wallet address in the .bat file, can i put the ETH wallet address i got from Exodus?
How can i know if i've successfully minded any ETH? any keyword in the log file?
*
if you're using ethermine/ or any other pool.
https://ethermine.org/
go top right and key in your address to check your status.
there also apps to track. (at least for ethermine)
RaydianS
post Jun 30 2017, 08:22 PM

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Guys can I ask how to see the mhs is making profit or not? Currently running in 0.5ghs. What's that means?
mostwanted82
post Jun 30 2017, 09:02 PM

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QUOTE(Leohart @ Jun 30 2017, 08:17 PM)
yes..im using exodus wallet as well...no issue for that...nanopool will pay to ur exodus address.

example...if u use nanopool go here https://eth.nanopool.org/ and put ur wallet address to seach after half hour of mining and you will see ur mining progress. nanopol minimum payout is 0.2 ETH
*
Yup, found it.
I'm using very ancient GPU to do mining, just want to try out first.

Based on the log, the speed is 1.141Mh/s but when check at nanopool it shown "Current Calculated Hashrate=8.5Mh/s", so which one is my GPU real Mh?
Leohart
post Jun 30 2017, 09:20 PM

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QUOTE(mostwanted82 @ Jun 30 2017, 10:02 PM)
Yup, found it.
I'm using very ancient GPU to do mining, just want to try out first.

Based on the log, the speed is 1.141Mh/s but when check at nanopool it shown "Current Calculated Hashrate=8.5Mh/s", so which one is my GPU real Mh?
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refer the mining speed running on the pc...the webpage can refer average hashrate...current hashrate not accurate.
jonathan_k
post Jun 30 2017, 09:25 PM

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QUOTE(mostwanted82 @ Jun 30 2017, 09:02 PM)
Yup, found it.
I'm using very ancient GPU to do mining, just want to try out first.

Based on the log, the speed is 1.141Mh/s but when check at nanopool it shown "Current Calculated Hashrate=8.5Mh/s", so which one is my GPU real Mh?
*
just my opinion.

1.1mh/s not recommended to continue mining. electric bills would exceed your earn. just my 2 cent
mostwanted82
post Jun 30 2017, 09:30 PM

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QUOTE(jonathan_k @ Jun 30 2017, 09:25 PM)
just my opinion.

1.1mh/s not recommended to continue mining. electric bills would exceed your earn. just my 2 cent
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Yes i know, i just trying out to see how the mining work.
Maybe will get a suitable GPU to do mining.
jonathan_k
post Jun 30 2017, 09:59 PM

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which is the best way to convert mined eth to btc? i used changelly before. rate differ a lot compare to shown rate. I have polo acc but required minimum deposit of 1eth

cofin
post Jun 30 2017, 11:13 PM

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shapeshift ? i see their rate to change not bad

This post has been edited by cofin: Jun 30 2017, 11:14 PM
TSzamans98
post Jul 1 2017, 01:00 AM

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QUOTE(jack2 @ Jun 30 2017, 07:16 PM)
Not worth to pay 1BTC while waiting period is 1 year and the money serves nothing.

Several risks associated with this investment decisions while you can utilise the 1BTC to.invest in ETH, ANS or cloud mining and the earnings in the year would be far better.
*
agreed. a 3 months waiting time is already bit big issues. what to say 1 year.
SUSdenimblue
post Jul 1 2017, 07:06 AM

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QUOTE(mileiniu @ Jul 1 2017, 01:26 AM)
What's Genesis and Hashflare?
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They are top-ranked cloud mining corporations.

Hashflare --- https://hashflare.io

Genesis ----- https://genesis-mining.com

jack2
post Jul 1 2017, 07:16 AM

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QUOTE(zamans98 @ Jul 1 2017, 01:00 AM)
agreed. a 3 months waiting time is already bit big issues. what to say 1 year.
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He has posted not to argue while he has concluded his own terms and conditions.

Hence, no point to advise him anymore. I believe he is not from finance background.... biggrin.gif



Probably he has earned a lot from crypto and he is willing to risk this 1 BTC since it is the gain from others.

This post has been edited by jack2: Jul 1 2017, 07:17 AM
kmarc
post Jul 1 2017, 07:28 AM

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QUOTE(jack2 @ Jul 1 2017, 07:16 AM)
He has posted not to argue while he has concluded his own terms and conditions.

Hence, no point to advise him anymore. I believe he is not from finance background.... biggrin.gif
Probably he has earned a lot from crypto and he is willing to risk this 1 BTC since it is the gain from others.
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Ahem, I believe you were talking about me? bruce.gif

As mentioned previously, the following were my reasons:

QUOTE
Pre-order is now open but only for one week. There's a lot of reasons why I'm getting it but I'm also throwing a lot of faith into it. If you're interested, the following are some of the reasons:
1) preorder only for one week
2) the first to get the miner and maximize income
3) support the network
4) confidence in the team and prospect of siacoin
5) less than 500w machine that has the power of tens or a hundred GPU! Much more cost-effective than even multiple 6-GPU setup.
6) enough profits to cover total loss if it doesn't work out
7) estimated ROI of one to two months. Note the word "estimated" as the specs is unknown.

There's a lot of things that can go wrong in one year but I'm willing to take the risk. Not recommended fo casual miner. wink.gif


Yup, I'm not from finance or furniture background tongue.gif and the 1 BTC spent will be from my profits.

Again, it is actually blind faith but come to think about it, there's a lot of cryptos that are unproven but people still invest in it, hoping to hit it rich after a few years. You still have to wait a few years and put a lot of faith in them. I don't see a difference between buying cryptos for investment and investing in this miner. Although the risk are different, all have risks nevertheless. If you were given the chance to be the first using ASICs to mine bitcoin, would you do it? As it stands now, there are too many Bitcoin ASICs farm to compete.

Lastly, Obelisk will only proceed if they get at least 2000 orders. If not, they will return the funds. smile.gif

This post has been edited by kmarc: Jul 1 2017, 07:39 AM
jack2
post Jul 1 2017, 07:38 AM

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QUOTE(kmarc @ Jul 1 2017, 07:28 AM)
Ahem, I believe you were talking about me?  bruce.gif

As mentioned previously, the following were my reasons:
Yup, I'm not from finance or furniture background  tongue.gif and the 1 BTC spent will be from my profits.

Again, it is actually blind faith but come to think about it, there's a lot of cryptos that are unproven but people still invest in it, hoping to hit it rich after a few years. You still have to wait a few years and put a lot of faith in them. I don't see a difference between buying cryptos for investment and investing in this miner. Although the risk are different, all have risks nevertheless.

Lastly, Obelisk will only proceed if they get at least 2000 orders. If not, they will return the funds.  smile.gif
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I am waiting you to reply this I don't see a difference between buying cryptos for investment and investing in this miner. Although the risk are different, all have risks nevertheless..

You have got the answer whereby I have said that you have opportunity cost to invest in others instead of this.
kmarc
post Jul 1 2017, 07:44 AM

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QUOTE(jack2 @ Jul 1 2017, 07:38 AM)
I am waiting you to reply this I don't see a difference between buying cryptos for investment and investing in this miner. Although the risk are different, all have risks nevertheless..

You have got the answer whereby I have said that you have opportunity cost to invest in others instead of this.
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Yeah, diversifying my investments and also, instead of buying a 6-GPU rig to mine coins (which would probably cost about the same) better to use an ASIC with multiple folds of hashpower and insane power efficiency. Nothing beats being the first and I added above, for us, to mine bitcoin using ASIC is a lost cause as we are always the late comers fighting for the crumbs.
jack2
post Jul 1 2017, 07:50 AM

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QUOTE(kmarc @ Jul 1 2017, 07:44 AM)
Yeah, diversifying my investments and also, instead of buying a 6-GPU rig to mine coins (which would probably cost about the same) better to use an ASIC with multiple folds of hashpower and insane power efficiency. Nothing beats being the first and I added above, for us, to mine bitcoin using ASIC is a lost cause as we are always the late comers fighting for the crumbs.
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yes but the delivery time is 1 year and you have lost the opportunity cost in that "1 year"...

Probably 1 year - SIACOIN sudah tarak...haha laugh.gif
kmarc
post Jul 1 2017, 08:11 AM

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QUOTE(jack2 @ Jul 1 2017, 07:50 AM)
yes but the delivery time is 1 year and you have lost the opportunity cost in that "1 year"...

Probably 1 year - SIACOIN sudah tarak...haha laugh.gif
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Yeah, so many things can happen. Miner project cannot be completed. Miner not up to specs. Later delivery. Company failed. Received miner faulty or going kaput. And if siacoin doesn't make it, the MYR 10k miner will be my most expensive paperweight! biggrin.gif

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