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Re: Bitcoin Price Correction. Are we set for a new high?
 

Sounds like the Bitcoin Gold fork is suppose to happen around the 25th. After that the cash should start flowing back into the alts...

I got 4 cards going now over clocked getting 32.xMh/s a piece. I'm still waiting on those PCIe 8 pin to dual 8 pin adapters so I can get these other 2 cards going. I had ordered the wrong adapters, I ordered EPS 8 pin adapters for dual CPU's. Stupid...

So today I had to order the right ones next day shipping from Amazon so I could get them before I leave on a cruise to the Bahamas on Friday. I set up team viewer on the miner so I can keep it stable while I'm gone.

I guess I got my cards at a good time, I see today they are sold out on Amazon. There is a private seller on there selling them for $100+ more than what I paid and now he only has one left when I just looked a few minutes ago.

https://image.ibb.co/g2RNO6/20171017_204522.jpg

Re: Bitcoin Price Correction. Are we set for a new high?
 

What's going on in that picture? I don't posses 1 ounce of knowledge regarding Bitcoin...

Re: Bitcoin Price Correction. Are we set for a new high?
 

It's Claymore's mining software dual mining Ethereum and SiaCoin. Eth=Ethereum and SC=SiaCoin

nanopool.org is the pool I'm mining on.

The first Eth line has the total speed of all 4 GPU's @ 128.xxx Mh/s (mega hash per second) million hashes per second. Total shares = shares I've found in this session. Rejected = rejected shares per session. Time = amount of time of this session. The session ends when I disconnect from the pool.

The 2nd Eth line is the Mh/s of each card. Cards 0-3 = 4 cards. (GPU0, GPU1 ,GPU2, GPU3)

The SC lines are the same but for SiaCoin.

When a share is found it is in green writing and says SHARE FOUND - (GPU 3)
or which ever gpu found the share.

Then below that it will say Share accepted (172 ms) or how ever many milliseconds it took to find the share.

There isn't a found share in this picture but you can see one in the picture I posted before this one in the top lines.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Its a mining rig used to mine cryptocoins.
So whats worthwhile mining these days?

Re: Bitcoin Price Correction. Are we set for a new high?
 

I'm gonna have to read up on this stuff. None of that makes sense to me! haha

Re: Bitcoin Price Correction. Are we set for a new high?
 

Its mostly about speculation. Once a company announces they built software to use with block chain tech for something other than just the tokens it produces to keep the network up things will get crazy. If I had to guess I'm pretty sure Eth will be the first.

No matter what happens the cards are a hedge. They wont devalue too much. The mother board, psu, ssd, and memory can all be re-purposed. It's not like a ASIC.

A lot of people are mining Ubiq, Solaris coin and Zcash. But according to whattomine Eth is at the top of the list. I'm just getting familiar with all this. Ask me in a few months I can guarantee I'll have a rock solid answer for you.

From what I've seen so far at current prices I should net about $15 a day with 6 cards just mining ETH. As soon as I can... I'm buying 2 more cards if the price is right.

My wife told me I better be making money from all the time I spend on the computer and not just f#@kin' off. So I made it happen.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Bitcoin is ready to go to the MOON. Almost mined out and more and more people are now using it to buy houses...
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Re: Bitcoin Price Correction. Are we set for a new high?
 

@nate, your mining knowledge is amazing - I'm not into the e-currency like that, wow.

https://i.imgur.com/HaaDirH.jpg

Re: Bitcoin Price Correction. Are we set for a new high?
 

Bitcoins dropping. Think its a good idea to buy in? Between now and fork (25th) I think it will rise.

Re: Bitcoin Price Correction. Are we set for a new high?
 

I got my mining rigs going. Had to bring back the ones in California due to power cost, had to sell some rigs, my apartments power box cant handle it all.
I got 11 rigs going at 1.3gh/s

Re: Bitcoin Price Correction. Are we set for a new high?
 

@yotano211 What new tokens have you been mining as speculation? I keep hearing a lot of talk about Ubiq. It sounds like it has a good dev team and concept behind it with smart contracts.

Once you start building rigs it's hard to stop, I can see that. There is so much to mine but with one rig you cant mine more that two tokens at a time (unless you have a CPU with a lot of lanes and CPU mine).

With one rig it's a hard choice to make, mine something with established value and acquire fractions of a coin, or speculate on a new coin and mine hundreds of tokens a week.

I plan on keeping my rig pointed at Eth since I can dual mine and I believe Eth just might hit the $3,000 mark at some point. I'm going to build up a couple thousand SiaCoin which wont take long then start dual mining Decred.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Where is it mining the "stuff" from? Are you essentially creating the money, or something?

I guess just go ahead and post me a good link that explains it all, so I won't be burdening you with tons of questions lol

Re: Bitcoin Price Correction. Are we set for a new high?
 

These last couple weeks its been Monacoin. I actually knew that when you asked but it had slipped my mind. The price went up by over 100% in a matter of days... Although I'm not set up to mine it yet.

Re: Bitcoin Price Correction. Are we set for a new high?
 

2 months before i predicted ha ha.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Bitcoin just broke through the $6k mark.
Any predictions on whats next? $7k before the end of 2017 anyone?

Re: Bitcoin Price Correction. Are we set for a new high?
 

:cheer:

The only way I see it hitting $7k is if China allow it back (rumours surfacing - if it does, then will show how resilient this currency actually is, not just in worth, but politics too).

The only other way is if the November transition goes successful. Bitcoin Cash panned out fine, so there's positive hope.

I however have cashed out at $5,900 (pre-dip). Will buy back in around $5,000 - all seems very turbulent and uncertain at the moment.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Same Play.

I cashed out a bit at $5900

I'll buy back in if it dips.

Re: Bitcoin Price Correction. Are we set for a new high?
 

Just broke 6k again, TO THE MOON
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Re: Bitcoin Price Correction. Are we set for a new high?
 

Who knows when BTC will reach its new "high". Thats up 848% just in one year....

Re: Bitcoin Price Correction. Are we set for a new high?
 

dang... almost $6100 and still climbing.. wow

kicking myself for selling half of what I had at $5900

Re: Bitcoin Price Correction. Are we set for a new high?
 

Kicking myself for not buying back in when it dipped to around $5,100 2 days ago...

Re: Bitcoin Price Correction. Are we set for a new high?
 

It's never too late, BITCOIN is just walking for now...
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