General Cryptocoin Discussion

Zach_01 · Jul 6, 2021

ppn said:
What does it matter finite or infinite ammount, usually the last coin will take forever to mine on increasing difficulty. And If it is tied to some fiat, it's like printing money, should be illegal.

The only value it holds is for speculation, if it doesn't increase nobody would want it, let alone decrease. And it won't increase forever, actually it can as long the whales can stamp whatever price they want on it by selling and buying to themselves using their own multiple accounts, yeah, i want 30k for 1 coin, great it's a deal i just solt it for 30k to myself, yeah, next i want 40K for it, it's a deal, in all likelyhood if they make 50% of the transactions, 50% of the time it returns back to them, and also receive the fee reward, and so on and so forth. So long as the new comers keep paying the miners this could work.

I'm sorry, but you certainly don not know what are you talking about, how things work on crypto, what decentralized mean, probably not know what blockchain is and what it can do on its full potential and how it can gain value and so on...

Not all coins are mineable, not all coins are decentralized/centralized and its not like printing FIAT. Different blockchains can serve different purposes. There is a whole lot more behind the tech and we haven't seen much of it yet.
Anyway, mining will eventually be terminated by code upgrades. At least for some of them. Ethereum is the first of the big ones and its very close to its upgrade.

Dont spread out your false ideas, your psychology (based on herd behavior) assumptions or your shallow understanding of digital coin and blockchain.
People's greatest power is knowledge, and some are fighting to keep it restricted (not you I want to believe) or drown it into a river of lies, with mockery, alleged security issues, and so on...
And this does not apply to crypto only.

Outback Bronze · Jul 8, 2021

How bad is BTC emissions?

We Need To Talk About The Climate Problem In Bitcoin Mining

The often cited “issue” in Bitcoin is misunderstood and misrepresented.

bitcoinmagazine.com

MentalAcetylide · Jul 10, 2021

basco said:
musk and bezzos are now trying to get a 5billion dollar contract from tax payers money for going to space. how does that help us all.

Yeah, they get to look down on everyone like they always do, but from a greater height. I guess its been their life-long "assperation". :laugh:

R-T-B · Jul 10, 2021

Outback Bronze said:
How bad is BTC emissions?

We Need To Talk About The Climate Problem In Bitcoin Mining

The often cited “issue” in Bitcoin is misunderstood and misrepresented.

bitcoinmagazine.com

An excellent read, thanks.

Outback Bronze · Jul 10, 2021

R-T-B said:
An excellent read, thanks.

No worries mate

Chomiq · Jul 15, 2021

Cambridge data shows Bitcoin mining on the move

New analysis shows crypto-mining moving away from China, while Kazakhstan boomed.

www.bbc.com

China's share of mining fell from 75.5% in September 2019 to 46% in April 2021.

Researchers found a seasonal movement of mining between Chinese provinces in response, it was suggested, to the availability of hydro-electric power.
Mining moved from the coal-burning northern province of Xinjiang in the dry season, to the hydro-abundant southern province of Sichuan in the rainy season.
The researchers noted that "this seasonal migration has materially affected the energy profile of Bitcoin mining in China", adding that it illustrated "the complexity of assessing the environmental effects of mining".

Outback Bronze · Jul 24, 2021

In case anybody didn't know. I thought it would be relevant to the thread and its been pretty quiet here lately.

Amazon is hiring a digital currency and blockchain expert, signaling a growing interest in cryptocurrency

Caring1 · Aug 11, 2021

This is going to hurt a bit.

Poly Network loses $611 million in biggest ever DeFi hack; crypto market keeps chugging along

Outback Bronze · Aug 11, 2021

Was just reading about this: Ethereum Proof of Stake Date: Date + What You Need to Know (exodus.com)

When I saw these energy comparisons inside the link.

R-T-B · Aug 11, 2021

Caring1 said:
This is going to hurt a bit.

Poly Network loses $611 million in biggest ever DeFi hack; crypto market keeps chugging along

Nah. No one outside China used Poly and China is already a nonfactor from it's earlier exit.

Outback Bronze said:
Was just reading about this: Ethereum Proof of Stake Date: Date + What You Need to Know (exodus.com)

When I saw these energy comparisons inside the link.

View attachment 212213

People need to remember this everytime they act like bitcoin singlehandedly caused global warming.

Chomiq · Aug 25, 2021

Was this posted before?

If not, it's worth watching.

Hardcore Games · Aug 25, 2021

I recall some 1 million mining machines are headed to Canada where power is abundant and cheap

There are lots of operations here so I criticize the ones using video cards frequently

One deal has to do with some Chinese operations wanting to get out of China, others may follow

glsn · Aug 25, 2021

R-T-B said:
Nah. No one outside China used Poly and China is already a nonfactor from it's earlier exit.

People need to remember this everytime they act like bitcoin singlehandedly caused global warming.

except they don't

people seems to like to ideolize things, shutting their brain off and eating whatever they are told to;

most of politicians/lawmakers are sure good people who are not there only for self interest
musk is sure a good, ethical and corcerned for the ambient right? he also made tesla and paypal except that he didn't

R-T-B · Aug 26, 2021

glsn said:
except they don't

Well duh.

Hardcore Games said:
I recall some 1 million mining machines are headed to Canada where power is abundant and cheap

It's a helluva lot more than 1 million. 1 million might cover just my home state, Washington.

Hardcore Games · Aug 26, 2021

R-T-B said:
Well duh.

It's a helluva lot more than 1 million. 1 million might cover just my home state, Washington.

I do not cover the sector close outside the impact on the price of video cards
most of the machines I seen are using Ant miners which are inconsequential to video cards

R-T-B · Aug 26, 2021

Hardcore Games said:
I do not cover the sector close outside the impact on the price of video cards
most of the machines I seen are using Ant miners which are inconsequential to video cards

Direct bitcoin mining is ASIC driven, and all irrelevant to video cards at this point other than using silicon wafers.

glsn · Aug 26, 2021

R-T-B said:
Direct bitcoin mining is ASIC driven, and all irrelevant to video cards at this point other than using silicon wafers.

dunno what's up with the discussion
but on gpu eth and raven are still profitable

P4-630 · Sep 2, 2021

A new passively cooled mining GPU is born

NVIDIA CMP 170HX cryptomining card spotted, passive design offering 164 MH/s hash rate - VideoCardz.com

CMP 170HX, NVIDIA’s own mining card Most CMP (CryptoMining Processor) cards were based on board partners’ design, but CMP 170HX is an exception. New photos featuring the design have been shared on Zhihu by Codefordl. NVIDIA CMP 170HX, Source: Codefordl Some of our readers might remember that we...

videocardz.com

trog100 · Sep 2, 2021

sounds good.. i doubt it will come cheap though..

164 m/hs for 250 watts is good..

trog

Chomiq · Sep 4, 2021

Bitcoin: El Salvador divided over legal tender law

The country will be the first to recognise the crypto-currency as legal tender from September 7.

www.bbc.com

Chomiq · Sep 22, 2021

It was all about energy consumption... until now:

Bitcoin mining producing tonnes of waste

Waste from the cryptocurrency process is similar to that from IT equipment somewhere like the Netherlands.

www.bbc.com

OG article:

Bitcoin's growing e-waste problem

Bitcoin's increasing energy consumption has triggered a passionate debate about the sustainability of the digital currency. And yet, most studies have…

www.sciencedirect.com

R-T-B · Sep 22, 2021

Chomiq said:
It was all about energy consumption... until now:

Bitcoin mining producing tonnes of waste

Waste from the cryptocurrency process is similar to that from IT equipment somewhere like the Netherlands.

www.bbc.com

OG article:

Bitcoin's growing e-waste problem

Bitcoin's increasing energy consumption has triggered a passionate debate about the sustainability of the digital currency. And yet, most studies have…

www.sciencedirect.com

Energy consumption is a nonissue honestly vs other industries. E-waste is likewise similar to any tech sector. Not great, but something tech in general needs to work on... why single out crypto?

Outback Bronze · Sep 22, 2021

R-T-B said:
why single out crypto

Why not? Everybody else does :rolleyes:

R-T-B · Sep 23, 2021

Outback Bronze said:
Why not? Everybody else does

If everyone jumped off a cliff...

...It'd be a facebook trend, no?

Outback Bronze · Sep 23, 2021

R-T-B said:
If everyone jumped off a cliff...

...It'd be a facebook trend, no?

Depends if it's a meme : )

System Name	PC on since Aug 2019, 1st CPU R5 3600 + ASUS ROG RX580 8GB >> MSI Gaming X RX5700XT (Jan 2020)
Processor	Ryzen 9 5900X (July 2022), 220W PPT limit, 80C temp limit, CO -6-14, +50MHz (up to 5.0GHz)
Motherboard	Gigabyte X570 Aorus Pro (Rev1.0), BIOS F39b, AGESA V2 1.2.0.C
Cooling	Arctic Liquid Freezer II 420mm Rev7 (Jan 2024) with off-center mount for Ryzen, TIM: Kryonaut
Memory	2x16GB G.Skill Trident Z Neo GTZN (July 2022) 3667MT/s 1.42V CL16-16-16-16-32-48 1T, tRFC:280, B-die
Video Card(s)	Sapphire Nitro+ RX 7900XTX (Dec 2023) 314~467W (375W current) PowerLimit, 1060mV, Adrenalin v24.10.1
Storage	Samsung NVMe: 980Pro 1TB(OS 2022), 970Pro 512GB(2019) / SATA-III: 850Pro 1TB(2015) 860Evo 1TB(2020)
Display(s)	Dell Alienware AW3423DW 34" QD-OLED curved (1800R), 3440x1440 144Hz (max 175Hz) HDR400/1000, VRR on
Case	None... naked on desk
Audio Device(s)	Astro A50 headset
Power Supply	Corsair HX750i, ATX v2.4, 80+ Platinum, 93% (250~700W), modular, single/dual rail (switch)
Mouse	Logitech MX Master (Gen1)
Keyboard	Logitech G15 (Gen2) w/ LCDSirReal applet
Software	Windows 11 Home 64bit (v24H2, OSBuild 26100.2161), upgraded from Win10 to Win11 on Jan 2024

System Name	Raptor Baked
Processor	14900k w.c.
Motherboard	Z790 Hero
Cooling	w.c.
Memory	32GB Hynix
Video Card(s)	Zotac 4080 w.c.
Storage	2TB Kingston kc3k
Display(s)	Gigabyte 34" Curved
Case	Corsair 460X
Audio Device(s)	Onboard
Power Supply	PCIe5 850w
Mouse	Asus
Keyboard	Corsair
Software	Win 11
Benchmark Scores	Cool n Quiet.

System Name	Pioneer
Processor	Ryzen R9 9950X
Motherboard	GIGABYTE Aorus Elite X670 AX
Cooling	Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory	64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s)	XFX RX 7900 XTX Speedster Merc 310
Storage	Intel 905p Optane 960GB boot, +2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s)	55" LG 55" B9 OLED 4K Display
Case	Thermaltake Core X31
Audio Device(s)	TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply	FSP Hydro Ti Pro 850W
Mouse	Logitech G305 Lightspeed Wireless
Keyboard	WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software	Gentoo Linux x64 / Windows 11 Enterprise IoT 2024

System Name	Raptor Baked
Processor	14900k w.c.
Motherboard	Z790 Hero
Cooling	w.c.
Memory	32GB Hynix
Video Card(s)	Zotac 4080 w.c.
Storage	2TB Kingston kc3k
Display(s)	Gigabyte 34" Curved
Case	Corsair 460X
Audio Device(s)	Onboard
Power Supply	PCIe5 850w
Mouse	Asus
Keyboard	Corsair
Software	Win 11
Benchmark Scores	Cool n Quiet.

Processor	Ryzen 7 5800X3D
Motherboard	Gigabyte X570 Aorus Elite
Cooling	Thermalright Phantom Spirit 120 SE
Memory	2x16 GB Crucial Ballistix 3600 CL16 Rev E @ 3800 CL16
Video Card(s)	RTX3080 Ti FE
Storage	SX8200 Pro 1 TB, Plextor M6Pro 256 GB, WD Blue 2TB
Display(s)	LG 34GN850P-B
Case	SilverStone Primera PM01 RGB
Audio Device(s)	SoundBlaster G6 \| Fidelio X2 \| Sennheiser 6XX
Power Supply	SeaSonic Focus Plus Gold 750W
Mouse	Endgame Gear XM1R
Keyboard	Wooting Two HE

System Name	Lenovo ThinkCentre
Processor	AMD 5650GE
Motherboard	Lenovo
Memory	32 GB DDR4
Display(s)	AOC 24" Freesync 1m.s. 75Hz
Mouse	Lenovo
Keyboard	Lenovo
Software	W11 Pro 64 bit

System Name	AlderLake
Processor	Intel i7 12700K P-Cores @ 5Ghz
Motherboard	Gigabyte Z690 Aorus Master
Cooling	Noctua NH-U12A 2 fans + Thermal Grizzly Kryonaut Extreme + 5 case fans
Memory	32GB DDR5 Corsair Dominator Platinum RGB 6000MT/s CL36
Video Card(s)	MSI RTX 2070 Super Gaming X Trio
Storage	Samsung 980 Pro 1TB + 970 Evo 500GB + 850 Pro 512GB + 860 Evo 1TB x2
Display(s)	23.8" Dell S2417DG 165Hz G-Sync 1440p
Case	Be quiet! Silent Base 600 - Window
Audio Device(s)	Panasonic SA-PMX94 / Realtek onboard + B&O speaker system / Harman Kardon Go + Play / Logitech G533
Power Supply	Seasonic Focus Plus Gold 750W
Mouse	Logitech MX Anywhere 2 Laser wireless
Keyboard	RAPOO E9270P Black 5GHz wireless
Software	Windows 11
Benchmark Scores	Cinebench R23 (Single Core) 1936 @ stock Cinebench R23 (Multi Core) 23006 @ stock

System Name	money pit..
Processor	Intel 9900K 4.8 at 1.152 core voltage minus 0.120 offset
Motherboard	Asus rog Strix Z370-F Gaming
Cooling	Dark Rock TF air cooler.. Stock vga air coolers with case side fans to help cooling..
Memory	32 gb corsair vengeance 3200
Video Card(s)	Palit Gaming Pro OC 2080TI
Storage	150 nvme boot drive partition.. 1T Sandisk sata.. 1T Transend sata.. 1T 970 evo nvme m 2..
Display(s)	27" Asus PG279Q ROG Swift 165Hrz Nvidia G-Sync, IPS.. 2560x1440..
Case	Gigabyte mid-tower.. cheap and nothing special..
Audio Device(s)	onboard sounds with stereo amp..
Power Supply	EVGA 850 watt..
Mouse	Logitech G700s
Keyboard	Logitech K270
Software	Win 10 pro..
Benchmark Scores	Firestike 29500.. timepsy 14000..

General Cryptocoin Discussion

Super Moderator

Super Moderator

Super Moderator

Super Moderator

Super Moderator

Super Moderator