Cryptocoin Mining?

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T_Yamamoto

Lifer
Jul 6, 2011
15,007
795
126
Yep I saw that part. Do you think it's possible though? Getting to 200..
I could see it happening. Today, it went up briefly to 100 satoshi. Right now I'm playing with it. Buying at 73-76 satoshi and selling for 80 satoshi.

Edit: started at 0.007 BTC, now at 0.01 BTC, just from trading
 
Last edited:

geokilla

Platinum Member
Oct 14, 2006
2,012
3
81
I could see it happening. Today, it went up briefly to 100 satoshi. Right now I'm playing with it. Buying at 73-76 satoshi and selling for 80 satoshi.

Edit: started at 0.007 BTC, now at 0.01 BTC, just from trading
I can't trade cus the sites are slow... Been trying to get my order in at Cryptorush. Blah.
 

T_Yamamoto

Lifer
Jul 6, 2011
15,007
795
126
I can't trade cus the sites are slow... Been trying to get my order in at Cryptorush. Blah.
I've been trading at Cryptorush. I get timedout only when it hits 100 satoshi.

Other than that, its okay. Also depends where you live. Ping the site and see what you get, I got like less that 100ms.
 

geokilla

Platinum Member
Oct 14, 2006
2,012
3
81
I've been trading at Cryptorush. I get timedout only when it hits 100 satoshi.

Other than that, its okay. Also depends where you live. Ping the site and see what you get, I got like less that 100ms.
Just bought 447,256.4866 PANDA for .3814715 BTC. That's equal to around 85 satoshi. Let's see how well they do by tomorrow!
 

T_Yamamoto

Lifer
Jul 6, 2011
15,007
795
126
Just bought 447,256.4866 PANDA for .3814715 BTC. That's equal to around 85 satoshi. Let's see how well they do by tomorrow!
85? That's pretty midrange. I would have waiting till high 70s, low 80s. Then I would have sold them around 100.

I'm an amateur trader now. I can trade the books and crap. This is actually really interesting :thumbsup:
 

slashbinslashbash

Golden Member
Feb 29, 2004
1,945
8
81
280X's ARE 7970's, overvolted and overclocked. That's why they run hot out of the box. There's nothing different between them and a 7970 other than a rebrand and clock speeds.

But they mine just fine when undervolted, since scrypt is more dependent on memory (and memory speeds being in tune with core speeds) than pure core powah. I ended up undervolting my XFX in order to get it to run stable 690MH/s... at stock voltages it would ramp down after a few minutes. Running at 78C in a closed, not terribly well ventilated case. Apparently 690 or so is about the best that people can get out of this card. I guess XFX wimped out on the voltage regulators or something, and that's what overheats?

In any case, I'm still mining DOGE and I actually haven't noticed too much of a dropoff in production. Probably just Dogehouse getting lucky. I am going to try to get MAX going this weekend, but not sure if I'll have the time, and I've got to leave the rig running without intervention all week while I'm on the road. (Can get the wife to reboot if necessary, but not much more.) If I don't figure out MAX then I will just switch to Multipool.
 

geokilla

Platinum Member
Oct 14, 2006
2,012
3
81
85? That's pretty midrange. I would have waiting till high 70s, low 80s. Then I would have sold them around 100.

I'm an amateur trader now. I can trade the books and crap. This is actually really interesting :thumbsup:
Ya I was kind of scared because the market price was fluctuating so much. Sometimes going up, sometimes going down. If there was more news to why they fluctuate like how stock markets have press releases and all that jazz my life would've been easier.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Pretty common. More than half of exchanges shut down, fail, or flee with peoples' money at some point.

Which is precisely why you don't keep any cryptos stored on an exchange.
 

Arkaign

Lifer
Oct 27, 2006
20,736
1,377
126
Pretty common. More than half of exchanges shut down, fail, or flee with peoples' money at some point.

Which is precisely why you don't keep any cryptos stored on an exchange.

This kind of thing is an obstacle in getting Bitcoin to be respected as any kind of mature item.

http://venturebeat.com/2014/02/14/f...hutdowns-2-7-million-theft-is-the-end-coming/

Now that doesn't mean that a lot of smart people weren't able to cash in on the craze and make mad profit while the getting was good. Smart people like that probably continually convert out of it at highs

That said, I wouldn't want to be the people who just ordered a bunch of $900 290X cards, or bought in at $600+, lol.

I honestly wonder if Bitcoin has another bounce left in it, or if the reputation hit is so vast that it won't recover ever to the full extent. I also wonder, and almost feel it predictable, that the speculators/investors who want to gamble on such things will (or have) move away from the volatility of Bitcoin to emerging coins. A de-coupling of Bitcoin from future coins would go a long way towards keeping the movement alive, otherwise if Bitcoin dies, they all die by association (not taken seriously by the business community, or worse : seen as a criminal enterprise by the Western governmental powers).
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
In answer to the above: We've seen far worse several times already. Gox is just going to be a blip in the radar.

There is simply too much money invested in ASICs and Bitcoin infrastructure for it go down too much. We're talking hundreds of millions or maybe even billions in hardware alone.
 

Torn Mind

Lifer
Nov 25, 2012
11,902
2,716
136
Pandacoin sucks for late miners like myself. Only 800 now and about 500 of that confirmed. Fooey, I'll take my chances on something else...
 

wand3r3r

Diamond Member
May 16, 2008
3,180
0
0
I got a new motherboard and wrote a little post about it, check it out and feel free to ask any questions. (The MSI Z87 G45 Gaming)

I have 1 card on a powered 1x to 16x riser so far, and 2 on the board.

http://forums.anandtech.com/showthread.php?p=36071300

So far I'm very happy. It was hard to find any useful information, particularly about using risers on Z87 boards.

I'm up to 4 cards now.

2 on the PCI-E 16x slots (slots 2 and 7) and 2 on PCI-E 1x risers. So far so good, I love the new board.

 

Virge_

Senior member
Aug 6, 2013
621
0
0
I can't believe how much AMD cards cost right now. $800-$900 for the 290x, $500-$600 for the 280x, and now pushing $300+ for the 270x. :\

Those new R7 265x will probably quickly end up at $200+ since they should be pretty decent for mining, since they're just 7850s. The best deals imo are open box on NE. I recently got 4x 270x at $182 ea (Asus DC2Ts so pretty nice ones) and they're like brand new. But open box on AMD GPUs go FAST.

I can get R9 290X's for about $650. In bulk. Let me know if you need any, don't pay those ridiculous overblown Newegg prices. $900 my ass.
 

Mark R

Diamond Member
Oct 9, 1999
8,513
16
81
Yep I saw that part. Do you think it's possible though? Getting to 200..

It's bvasically a clone of DOGE. Allegedly, with a bit of a cult following in China (whether that's true or not, I've no idea); it could just be "Wolong" ramping the coin to dump his premine.

It's possible it could get to 200, after all DOGE did, and that really didn't get all that much interest from China.
 

el etro

Golden Member
Jul 21, 2013
1,581
14
81
Robin Hood stole money from bitcoin bank. And with the money he will buy new radeon cards for us.




----------------


Serious talk now: is so good that bitcoin craze is ending, IMO it was always a illusionary(to most of miners) form of to gain money where the only ones that gain little benefit with this is miners that reside on places where energy cost is low ow miners that have made stellar investments on the bitcoin craze.
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Looks like PANDA is being pumped:

Buying:
BTC Rate Amount of PANDA Total BTC
0.00000100 7,138,976.61947000 7.13897662
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
Robin Hood stole money from bitcoin bank. And with the money he will buy new radeon cards for us.

----------------

Serious talk now: is so good that bitcoin craze is ending, IMO it was always a illusionary(to most of miners) form of to gain money where the only ones that gain little benefit with this is miners that reside on places where energy cost is low ow miners that have made stellar investments on the bitcoin craze.

Crypto craze is not ending. If anything, it's growing even more (network hash rate across coins continues to grow)...
 

geokilla

Platinum Member
Oct 14, 2006
2,012
3
81
BTC @ 400's on Gox..... lol

"Oh how the mighty have fallen."
I wanted to buy some! But I thought Mt. Gox closed down? BTC-E is still up. Those are the two exchanges I know.

Funny how Mt. Gox stands for Magic: The Gathering...
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,440
5,429
136
A reminder to please back up your wallets. I did that for every one except Panda, and of course now it says my Panda wallet.dat is corrupt and recovery failed... bye bye 150,000 Panda.
 

Erenhardt

Diamond Member
Dec 1, 2012
3,251
105
101
A reminder to please back up your wallets. I did that for every one except Panda, and of course now it says my Panda wallet.dat is corrupt and recovery failed... bye bye 150,000 Panda.

I know how you feel. I have 100K+ doge on a bricked hdd
Looking for PCB to WD10EZEX
 
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