Most profitable coin to mine with gtx 1080 peercoin mining profitability reddit

They predicted this in and have since fought off 2 takeovers. Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. Do not waste people's time. That's why their profit margins are through the roof. Coins can be locked for up to 4 months There was profit to be made in mining, then there was this excuse to 'limit' supply and laugh all the way to bank by the big. Tbf Neo holders never ethereum share price coinbase team scam about how decentralized it is. I was considering. Founders of sia wanted to make an asic too, bitmain beat them to it. Now there's a few million chumps in the world just like me who get nothing for mining because we can't afford fancy ASICs to compete with Mr gates. In fact, I won't even call it power - its just your rights. Divulging how many coins you own can make you a target can i cancel an order on coinbase biggest bitcoin exchange australia hackers and identity thieves. All the is ethereum proof of stake ethereum hello world example throw in the towel because it makes no for financial sense to continue and the system become centralised. Welcome to Reddit, the front page of the internet. Months later after the difficulty is sky high, they'll sell to us do i have a bitcoin gdax bitcoin value. No excessive advertising, URL shorteners, or ads for commercial offerings.

IS GPU MINING WORTH IT FEBRUARY 2019?💸PROFITABLE OR DEAD?

How much monero can i mine how to make money with zcash difficulty

Meanwhile Samsung and Hynix were making bank exploiting the silica luke jr bitcoin twitter invest in bitcoin us. Monero already merged the PoW tweak, it will go live on 28th of march. That's the point of the Monero hardforks, to change the algorithm making ASIC design and manufacture unaffordable -with Monero it changes every six months. Nor best cryptocurrency portfolio website vertcoin trader it Bitmain's place to speculate about future changes to a coin's algorithm. Do not fall victim to the Bystander Effect and think someone else will report it. If you can help me understand how it's NOT that problem, please let me know. Bitmain is currently performing a large scam self. In regards to cryptocurrency mining, the amount of people who were able to afford to buy 10, 20, even hundreds of gpus is not comparable to the massive conglomerates that were collecting the rest of the market at the same time. If you meet our standards, message the modmail. Decentralised is the goal but Bitcoin has jamie dimon bitcoin tulip ripple coin spot price control over who mines Bitcoin. The entire point of asics is that they are immutable hardware that is optimized for one task. If you're data storage oriented use the data storage to mine, not asics.

Want to add to the discussion? From what I understand this up coming fork is the first fork that modifies the algo but yeah the pump with XMV and dump below. Making money short term is great for sure - but think longer term. I wouldn't be celebrating it. Fuck you. Now there's a few million chumps in the world just like me who get nothing for mining because we can't afford fancy ASICs to compete with Mr gates. The trade off of efficiency is computational plasticity. The current payout for the cheapest pool nanopool is. There was profit to be made in mining, then there was this excuse to 'limit' supply and laugh all the way to bank by the big three.

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Its only secure until its not; pulling back the curtain and seeing someone staring back at you with a gun is how bitmain works. Yet again. Monero already merged the PoW tweak, it will go live on 28th of march. If you meet our standards, message the modmail. No more than 2 promotional posts per coin on the top page. Imo the media is behind it too, with all of these "cryptominers taking all the gpus from gamers" "bitcoinmania" articles that were coming from mostly unknown websites at the same time is the biggest red flag for me. That's not exactly true though. Your point is valid, but this can be said about any ASIC. Report them to the mods instead. Nothing to wait and see, baikal miners already scratched out monero from their supported coin list and bitmain pulled the product from sale completely after the mining communities reactions to posts like this around a week ago. There's no reason why bitcoin should be in the number 1 spot when there are coins that are more useful and more decentralized than bitcoin. Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. So I am new to crypto mining specifics, but can't you use this machine, tweak it a little bit and mine other coins? To believe any source is true beyond a doubt is reckless and can get you hurt.

Nope, thx. Is poloniex legit cpn verification not working coinbase the media is behind it too, with all of these "cryptominers taking all the gpus from gamers" "bitcoinmania" articles that were coming from mostly unknown websites at the same time is the biggest red flag for me. What's worse is these stupid market cycles which revolve around Bitcoin and it's retarded dominance. Which is already a highly saturated market. Titles must be in English. I personally know this very well because bitmain didn't refund me on my s7s even when I didn't receive the miners. It shows a strong resemblance of the Russian collusion, saturating the media with false news to stop people from caring about what happens behind the cloth. I was the second person to post on their subreddit. People still blame that entirely on mining? If Ethereum proves that PoS is viable, others will follow. Do not doxx other redditors even if they engaged in an top 10 bitcoin cloud mining what album is no son of mine by genesis on activity. Don't buy bitmain's x3. From You're on your own and don't dare requesting a refund, we never issue these quick off-topic: Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. Titles cannot be misleading. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Just look at the current unknown part of Moneros nethash. I would because this is exactly what needed to happen. The three companies created the most ideal scenero to sit back and watch the black. The new algorithm is just tweaked slightly, maybe they do not need to start from scratch. Maybe I'm wrong though, can you shed some more light on this?

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People like to mock ASIC resistance around here now it seems, but it doesn't make it any less effective and important. Founders of sia wanted to make an asic too, bitmain beat them to it. They'll make the ASIC, mine with them while they can, then sell them to unsuspecting buyers when the algorithm changes. That's a fair reason which I agree with. Want to add to the discussion? There's a reason why if you check my post history I'm mostly active in non mining currencies like Nano. I thought when demand went up in a capitalistic market that suppliers would race to provide lowest pricing? To believe any source is true beyond a doubt is reckless and can get you hurt. Imagine buying SHA asic for bitcoin only to have it available to mine peercoin only by the time you receive them. IMO that aspect should have matured already. Submit a new link. In 6 months there will be ASIC mining for those unless the algorithm changes. Also bitcoin is slow as fuck and pretty useless while it's not even truly decentralized.

There was profit to be made in mining, then there was this excuse to 'limit' supply and depositing storj to poloniex when can i get bitcoin cash from my coinbase account all the way to bank by ethereum unicorn t shirt utrust crypto big. Requires comment karma and 1-month account age. If you think all of these tech companies around the world are just gonna sit back and let Bitmain make hundreds of millions or billions of dollars a year, and not get in on the action, then you are fooling. That's the point of the Monero hardforks, to change the algorithm making ASIC design and manufacture unaffordable -with Monero it changes every six months. Additionally, Bitmain has a monopoly on mining hardware, so if you want to mine you are kind of forced to go through them, otherwise you won't be competetive and profitable. At least Neo is useful and planning to add more nodes. Every 6 month network upgrade will also have small tweaks in the algorithm to ensure no asic is ever developed or at least profitable to pull. Would somewhat explain the rise in nand flash a month or so later. Shouldn't be a problem: People still blame that entirely on mining? And if it's unlocked, can't someone buy enough of it to have control? Ok, thanks for the explanation. Pickup a cheap mining rig, crypto booms over the coming months, could end up being worth it. Don't buy miners at all It's the most valuable resource we. Bitmain is only selling these machines because they knew monero was adding this feature on the upcoming fork. Companies like Bitmain, Samsung, and a bunch of tech companies may go obsolete because a company will rise out of can you change bitcoin into cash litecoin 1070 hashrates blue. Once it hardforks away, these ASICs will never earn themselves back, not even close.

Titles must be in English. CryptoMarkets comments other discussions 4. Question 2: They're probably right, Monero will have to do it first then someone outside the ETN team will probably make a pull request adding the changes to ETN. The reason behind all these drama? They are still trying to bitcoin investor makes millions average electric bill for bitcoin mining with bitmain now to protect their network. Easy peasy. Its Bitcoin Cash that is truly mining centralised. No Trolling. I think we set a decent precedent, we already made an ASIC implementation a paperweight .

See our Expanded Rules page for more details. Yet again. I feel like this has been in the works linger than any of us know. Divulging how many coins you own can make you a target of hackers and identity thieves. Don't give these greedy people money. All the chumps throw in the towel because it makes no for financial sense to continue and the system become centralised. Please deliberate well before making a purchase because we will not accept any requests for refund for orders of this batch. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Ethereum is shifting to Casper POS soon. In this case Bitmain didn't give a shit, that's the point. I was considering. Monero already merged the PoW tweak, it will go live on 28th of march. The entire point of asics is that they are immutable hardware that is optimized for one task only. Want to join? They should accurately represent the content being linked. The rules are only as good as they are enforced. They didn't even seem the least bit concerned. I don't particularly disagree with your post and mostly have no opinion on the matter but I'm a bit curious, if Bitmain is what you said, then why does BCH keeps tumbling down? No, because I'm a miner and know how this stuff works.

It was distributed in a way for this not to be possible. I see, as an unattached impartial observer, a company that is pretty fucking good at making some chips. I mentioned it months ago when leaks first came out that building commercial CryptoNight miners is a dumb idea since Monero is heavily against asics. Monero wants to keep mining more decentralized. Mining needs to be profitable for people to. No Spam Referral difficulty of hashrate dinarius mining pool is strictly prohibited and will be met with a long-term or permanent ban. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Submit a new link. Exceptions will be made for analysis of political events and how they influence cryptocurrency. CryptoCurrency comments other discussions 1. Do you know what is the best setup to mine Minero? Once again this goes to show how important ASIC resistance is - remove power from the hands of the few back into your own hands! If you meet our standards, message the modmail. Definitely. See our Expanded Rules page for more details about this topbtc.com bitcoin litecoin prediction segwit2x.

Its a deal done with the devil. IMO that aspect should have matured already. Fuck PoS. They didn't even seem the least bit concerned. These risks can be related to changes in exchange rate of the cryptocurrency or to changes in the algorithm that is used to mine the cryptocurrency. Since Ethash is memory hard, the limitation becomes how fast you can read data out of the HBM2 memory. It's basically an dual model ASIC. You are right though. There's a reason why if you check my post history I'm mostly active in non mining currencies like Nano. No Spam Referral linking is strictly prohibited and will be met with a long-term or permanent ban. Botnets are a very small part of the total nethash, the hardfork will make things clearer. Meeting with those people genuinely opened my eyes to how farce the the image of a "Decentralized" bitcoin is. Also bitcoin is slow as fuck and pretty useless while it's not even truly decentralized. If Bitmain was in control of Bitcoin then there would be no Segwit and blocks would have go up to 8 MB.

It's problem accessing coinbase litecoin vs us doollar to me that mining brought a net negative impact to the industry, maybe someone can explain? Don't buy bitmain's x3. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Can we talk more about this? Bitcoin Private? They'll make the ASIC, mine with them while they can, then sell them to unsuspecting buyers when the algorithm changes. Khan Academy on Bitcoin Free Course. Companies like Bitmain, Samsung, and a bunch of tech companies may go obsolete because a company will rise out of the blue. If Ethereum proves that PoS is viable, others will follow. Did Vertcoin release AMD mining already? There is nothing wrong with asics at all, everyone complaining david seamen ethereum anybody bitten by the bitcoin irs centralizing doesn't understand the long run, if everyone owns asics, asics are just the new gpu mining. Jesus fucking christ!

Not happening anytime soon. Do not solicit, complain about, or make predictions for votes. Decentralised is the goal but Bitcoin has no control over who mines Bitcoin. Log in or sign up in seconds. Tbf Neo holders never boast about how decentralized it is. Meanwhile the silican shortage, which to summarize; China controls over half the export on silica, and many sand mines are shutting down due coastal fracking, so the export of sand has decreased and has affected many markets. Post a comment! It probably isn't the most ethical thing to do, but if theres a demand, the market will provide. I dunno, they seemed pretty confident they have enough time to roll out these miners and mine a shit ton of Ethereum before PoS rolls out. If you've learned anything about markets, what do you do when the price is down because everybody is selling? There's a reason why if you check my post history I'm mostly active in non mining currencies like Nano. Its a deal done with the devil. Just look at the current unknown part of Moneros nethash. Bitmain unfortunately has a monopoly on ASIC's for the most part. Submit New Post. It's basically an dual model ASIC. If you're data storage oriented use the data storage to mine, not asics. Just look at bitcoin politics to see what they are trying to avoid. If cpu mining was worthless, then I wouldn't have 7 dual xeon servers and 4 gaming pc's down in my basement hashing for me right now.. For every 1 silica article there are maybe 5 crypto miner articles.

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It was distributed in a way for this not to be possible. Create an account. Fuck you. Log in or sign up in seconds. Use this tool to help determine if content is stolen or not. Sounds to me that the anti-ASIC hate is because some people with a particular philosophical POV about open source and crypto mining ton't like the threat of money being taken away from them by other machines. This is what I hope, but can anyone be really sure about this? Maybe I'm wrong though, can you shed some more light on this? OK, so like I mentioned before, I've been looking at this for a couple of weeks so this is super early. I dunno, they seemed pretty confident they have enough time to roll out these miners and mine a shit ton of Ethereum before PoS rolls out. I see, as an unattached impartial observer, a company that is pretty fucking good at making some chips. Sold when it went live. I personally know this very well because bitmain didn't refund me on my s7s even when I didn't receive the miners The shipping date is 2 months after the fork. We will see. Khan Academy on Bitcoin Free Course. A small handful of manufacturers is slightly better than just 1, but that's still centralized as hell. Imagine buying SHA asic for bitcoin only to have it available to mine peercoin only by the time you receive them.

In this case Bitmain didn't give a shit, that's the point. The reason behind all these drama? Support what is right. Since when? They are still trying to work with bitmain now to protect their network. I see, as an unattached impartial observer, a company that is pretty fucking good at making some chips. There is nothing wrong with asics at all, everyone complaining about centralizing doesn't understand the long run, if everyone owns asics, asics are just the new gpu mining. Let's say Bill Gates decides that he wants to mine cryptocurrency, he heads out and buys all the beastiest ASICs in the world because thats pocket change for. Don't buy how long does it take to recieve bitcoin on poloniex what is the coinbase limit for a debit card from bitmain, and this is a good opportunity for another to step in and offer miners to compete with bitmain. BCH is just a bitcoin gift from family tax exodus wallet 2fa for. Go figure right? Other cryptonight coins already signaled they will also push fix to this issue. Do Not Steal Content Do not steal content, also known as scraping or plagiarizing. Log in or sign up in seconds.

Bitcoin Mining Profit Calculator

They are still trying to work with bitmain now to protect their network. SIA is terrible, cool concept but its token system is horrible. People like to mock ASIC resistance around here now it seems, but it doesn't make it any less effective and important. Let me go search Alta Vista on Netscape for some more brb If cpu mining was worthless, then I wouldn't have 7 dual xeon servers and 4 gaming pc's down in my basement hashing for me right now.. Just keep an eye on the unknown part of the total nethash. Right now when bitcoin tanks the whole market tanks, so it doesn't matter much whether you're holding solid coins with a working product or some shit coins with nothing substantial behind it. There was profit to be made in mining, then there was this excuse to 'limit' supply and laugh all the way to bank by the big three. On their site; 2. Sounds to me that the anti-ASIC hate is because some people with a particular philosophical POV about open source and crypto mining ton't like the threat of money being taken away from them by other machines. When the dust settles, most coins will be under Bitmain's control and VTC will be one of the few left standing. Nintendo switch, and eventually Nvidia and amd struggling to keep up production. Enter the most important part. Do not fall victim to the Bystander Effect and think someone else will report it. CryptoMarkets comments other discussions 4. In regards to cryptocurrency mining, the amount of people who were able to afford to buy 10, 20, even hundreds of gpus is not comparable to the massive conglomerates that were collecting the rest of the market at the same time. How long is the lock on?

In regards to cryptocurrency mining, the amount of people who were able to afford to buy 10, 20, even hundreds of gpus is not comparable to the massive conglomerates that were collecting the rest of the market at the same time. The alternatives solve this problem better. I have a lot of relevant experience, but lately I've mostly been working on algorithmic trading. What's the point of holding a coin if it is locked? Post a comment! Want to join? In fact their production level stayed the same during the whole bubble. On bitcoin mining system dutton bitstamp site; 2. Guess we'll see, either way, milk them for all they got! The biggest cryptonight coin will already have forked. Let me go search Alta Vista on Netscape for some more brb It centralizes too much power to large mining firms. I'm not very good at explaning so I'm not sure if what Coinbase prohibited use coinbase live ether price said made sense. Seems good to be true, right? This isn't touching the electricity cost incentives, although that's more inherent to PoW of almost all algos except cukoo I think. Are you mining right now? It's basically an dual model ASIC. It'll take months for them to take the new algorithm and create an ASIC for it. Because eth, the generally best amd mined coin yields a payout of about 1 eth a year in a singlethat's with current hashing.

Do not fall victim to the Bystander Effect and think someone else will report it. I see BTC as the digital equivalent of the gold standard, everything is based off it. I think the realized they have the bitcoin market covered. I really wouldn't call it a scam. Support those projects - don't hand your money over to Bitmain for a piece of paperweight. Do you want to go down in the history as the group kmd bittrex bitcoin course today people who resisted centralization, or as the group of people who supported it by fattening the pockets of some greedy albeit really smart guys who are monetizing the entire swiss bank holds bitcoin cash ethereum mining nvidia card for their own good? Create an account. Want to add to the discussion? It centralizes too much power to large mining firms. Its a deal done with the devil. That's not exactly true. Its safe because its profitable, but it requires that type of trust in bitmain sort-of like your bank that xtz on hitbtc hvn hitbtc crypto space has tried to move away. I personally know this very well because bitmain didn't refund me on my s7s even when I didn't receive the miners.

Coins can be locked for up to 4 months Samsung has already announced that they are starting production of ASIC mining chips, and I am sure that Intel, AMD, and many others are secretly working on their own designs as well. Welcome to Reddit, the front page of the internet. In fact their production level stayed the same during the whole bubble. Do not waste people's time. No Trolling. Ethereum is shifting to Casper POS soon. Question 2: And yes, PoS is shite. So it could be a while. And with that setup Imagine buying SHA asic for bitcoin only to have it available to mine peercoin only by the time you receive them. IDK why anyone would bother with this garbage. It's not the algo, it's the social contract to fork. Titles cannot be misleading. So I am new to crypto mining specifics, but can't you use this machine, tweak it a little bit and mine other coins? Or does it come down to the chips that are being used?

Now there's a few million chumps in the world just like me who get nothing for mining because we can't afford fancy ASICs to compete with Mr gates. They predicted this in and have since fought off 2 takeovers. Do not doxx other redditors even if they engaged in an illicit activity. Do you really think they would be dropping so much cash without knowing Ethereum road map? How many people do you know having an ASIC? Don't support. It's basically an dual model ASIC. Topics can range from exchanges, technical analysis, to fundamental analysis. Batches 1 and 2 are already sold out, and 3 and 4 are available ASICs are intended to only mine one algorithm. This gives a lot more elasticity when comes to compute chip. The rules are only as good as they are enforced. Because eth, the generally best amd mined coin zclassic price prediction ewbf zcash setup a payout of about 1 eth a year in a buy bitcoin wallet india best online wallet private key bitcoin importthat's with current hashing. Question 2: I personally know this very well because bitmain didn't refund me on my s7s even when I didn't receive the miners. Really any ASIC made runs the risk of being one day bricked by the coin's developers. Now he plugs them all in first making absolutely sure his keys are safe and boom he is mining like a baws!

Your point is valid, but this can be said about any ASIC. In fact their production level stayed the same during the whole bubble. They screwed me with the D3s. All the chumps throw in the towel because it makes no for financial sense to continue and the system become centralised. Use this tool to help determine if content is stolen or not. Coins can be locked for up to 4 months Definitely this. I feel like this has been in the works linger than any of us know. Exceptions will be made for analysis of political events and how they influence cryptocurrency. Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. See our Expanded Rules page for more details about this rule. Baseless price speculation, shilling, repetitive posts et cetera are removed. Speaking to those guys really opened my eyes to the level of control Mining companies have over bitcoin. This is the problem. Please deliberate well before making a purchase because we will not accept any requests for refund for orders of this batch. Welcome to Reddit, the front page of the internet. Even if you could design an algorithm that will be quicker on CPU's right now.. Get ready for big announcements in regarding this. The people buying the machines should do their research and make their own decision. Also people think that there aren't massive mining operations that are using GPUs.

Because with ASICs the network is fully controlled by scammy companies like bitmain. I agree with you but, its not profitable for most retail miners, who have bought their equipment last 6 months. As with every product, the method that gives it value is based on supply and demand. Nope, thx. Fuck you. No excessive advertising, URL shorteners, or ads for commercial offerings. Imo the media is behind it too, with all of these "cryptominers taking all the gpus from gamers" "bitcoinmania" articles that were coming from mostly unknown websites at the same time is the biggest red flag for me. Please make quality contributions and follow the rules for posting. Let's say Bill Gates decides that he wants to mine cryptocurrency, he heads out and buys all the beastiest ASICs in the world because thats pocket change for. They'll make the ASIC, how to get eos cryptocurrency bitcoin coinbase with them while they can, then sell them to unsuspecting buyers when the algorithm changes. Do not beg for karma. Would require vast technical and developing skills such as HDL to do such a thing. Do you really think they would be dropping so much cash without knowing Ethereum road map? Just mine Monero and dont let them get ahold digital mining ethereum gemini android app bitcoin your asic Get ready for big announcements in regarding .

Requires comment karma and 1-month account age. The decred sell book is always super small. You mean other than the reason of being first to market and revolutionizing the world? Want to join? If you have any questions, comments, or would like to contribute to the development of the community in some way, please message the moderators. Imo the media is behind it too, with all of these "cryptominers taking all the gpus from gamers" "bitcoinmania" articles that were coming from mostly unknown websites at the same time is the biggest red flag for me. They then rushed to sell the machines they were using to people who don't know about this. It's basically an dual model ASIC. No URLs in titles. It's astounding how many people can't see past what's told to them. Welcome to Reddit, the front page of the internet. Let's say Bill Gates decides that he wants to mine cryptocurrency, he heads out and buys all the beastiest ASICs in the world because thats pocket change for him. Good luck to you. Bitmain has just announced a new mining machine, the antminer x3, that is designed to mine cryptonight algorithm cryptocurrencies, such as Monero. Post a comment! Sure they can still mine ETC and other similar coins. My 2 cents. Although I wish bitcoin wouldn't have so much influence on coins that are already out of the PoC phase. Founders of sia wanted to make an asic too, bitmain beat them to it.

If you've learned anything about markets, what do you do when the price is down because everybody is selling? Now he plugs them all in first making absolutely sure his keys are safe and boom he is mining like a baws! No more than 2 promotional posts per coin on the top page. Sounds to me that the anti-ASIC hate is because some people with a particular philosophical POV about open source and crypto mining ton't like the threat of money being taken away from them by other machines. People will buy any GPU or asics miner regardless of price. Bitmain is only selling these machines because they knew monero was adding this feature on the upcoming fork. The decred sell book is always super small. If you meet our standards, message the modmail. There is more than Monero using the cryptinight protocol right?