8 Cloud Mining Anbieter fürs Bitcoin Mining zum Bitcoins ...

My Recent Experience With Genesis Mining // Read This Before You Buy A Contract

I put $8,200 USD on a total of three Genesis Mining contracts for 50 TH/s of hash power last November, and which only went into effect a mere six months ago in February/March of this year. Now, they're in danger of becoming terminated in less than 60 days because of the low BTC price + increased hash rate difficulty. I had done a bit of research beforehand and tested out some hash rate mining scenarios that may occur at some point in the near future; even multiplying the then hash rate several times over, while keeping the BTC price relatively average (back then it was around the $8K mark and rising).
In all my benchmarks, the amount of hash power I had purchased appeared to make a profit, albeit a small one in even an increasing hash rate difficulty scenario—but never did I imagine that the contract would become unprofitable in such a short period of time. I thought I'd be able to ride it out for at least 1–2 years and either make my ROI or hold for longer to make a possible margin of profit. Plus, my payouts (when they were being generated) never reflected the numbers I had come up with using mining calculators during my research phase; instead, I was only generating half of what was depicted, which was another unexpected curve ball.
Genesis Mining had the audacity of sending out an email about two weeks ago where they stated the following:
In a couple of days, we will roll out a very special offer only for our existing Bitcoin Mining customers. You better stay tuned!
So that very special offer arrived earlier today via another email, and if was for existing customers to upgrade to the new Radiant contracts for $180 per 1 TH/s, which if you do the math would come out to $9000 for the 50 TH/s (or more than I had paid for the original contracts to begin with). They also callously stated in that same email:
As a result, some user contracts are now mining less than the daily maintenance fee requires to be covered, and thus they entered the 60 days grace period, after which open-ended contracts will get terminated.
Although I agreed to Genesis' terms prior to signing up, I never imagined this scenario unfolding in such a short time; however, for them to also add insult to injury with a deplorable marketing scheme as the one I illustrated in the email above should hopefully give you an idea of who you'll be doing business with, in case you're considering a cloud mining contract with them. My advice to anyone interested in cloud mining would be to either pay for your own equipment and mine the BTC yourself, or better yet, buy the BTC directly from an exchange, especially right now while its price is relatively low and hold onto it. I would discourage anyone from pursuing cloud mining as you'll most-likely have no legal recourse since you'll be dealing with a foreign entity that's not bound by the same laws or ethical requirements as the ones in your country.
submitted by dutch602 to GenesisMining [link] [comments]

Crypto News Recap for the week ending August 3rd

Developments in Financial Services

Regulatory

General News

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

---> CREDITS CRYPTOCURRENCY CRED CX : JULY - AUGUST COMMUNITY UPDATES AND RUNNING ANALYSIS

https://new.reddit.com/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/
We entered into August 2018 now a full 7 months after the launch of Cred CX @ Credits.Energy
As the jingle goes we have been hearing "Credits Cryptocurrency, Supports Green Energy"
Many are only waiting to have an exchange listing.... Many are questioning what they really have received after they paid for their Cred CX coins.
Most do not know they are still waiting for an actual Cred CX cryptocurrency coin.
If you read this I hope it will help educate some on matters of a cryptocurrency the one in review here is based upon cryptonote - The most popular cryptocurrency like Cred CX is Monero.
I would go over the last 7 months but there is little to Report. So little to report that Credits has not released a much anticipated end of July update as they did with the end of June. The end of June report was mostly about challenges and future or forward thinking and goals. Nothing in the way of a verifiable blockchain / coin.
Some ICO fundamentals:
~Dollars and Cents~
How well did the pre ICO and ICO and Now crowd sales do from a financial perspective is not clear to to purchasers and or investors alike.
The only thing I find is that in a May 2018 they edited the timeline infograph they ~ failed to reach the softcap of 100 million Cred CX sold. They have subsequently said that they have exceeded the softcap but have not made known a hard cap, nor do we know how many Cred CX where purchased as of this date.
As well they also have not published any official figures from their corporate offices regarding bonuses, incentives, airdrops or other distributions etc. This in addition to corporate distribution among themselves and their stake or holdings, the company, and what appears to be a un published foundation or "entity", there are no details about any such entity as of yet in our knowledge. Perhaps the whitepaper plans have changed again with out noting public revisions.
We do know that they are still taking orders for Cred CX and are reportedly going to "explore" merchant account options. July saw Paypal suspended on Credits.Energy website. Another red flag.
Our analysis leads us to think it went something like this...
Read the following:https://www.reddit.com/CryptoCurrency/comments/7zkzjz/go_fuck_yourself_paypal/
Hello xxxxx,
We are writing to you in regards to your PayPal Account.
PayPal appreciates that you have chosen us to accept payments for your business. A periodic review of your account shows that you are cryptocurrency trading using PayPal.
However, unfortunately we have determined there to be excessive risk involved with the business model that you engaged in using PayPal. While we wish you the best of success in your future business endeavors, we respectfully ask that you seek another method of payment for the online business.
Your remaining balance will be held in your PayPal account for 180 days from the date your account was limited. After 180 days, you will be notified via email with information on how to receive your remaining funds.
We deeply regret any inconvenience this matter may cause you.
Sincerely, PayPal Compliance Department PayPal"
^^The above was of an IOTA trader a well established coin.
Cash is still king with this ICO it appears.
Looking at their past known published crypto addresses used at some time over the last 7 months to receive crypto payments for orders of Cred CX it reveals "nominal" volumes. The current address advertised shows zero activity for in puts and out puts at the time of this writing.
I it is another cleaning of the crypto slate as it where. No update notification has been given of the change on social media other than now perhaps here. By publishing the explorer to their adresses and hashes here I am not promoting anything.
You can explore them here:
Bitcoin: https://www.blockchain.com/btc/address/1JFz4UHRrsKnL5aGj5V87FxFz7RxAmDJ3m?sort=0
Ethereum: https://etherscan.io/address/0x8ca65a6e0839ea2de06e0741b6325b9629eff928
With out the public having kept track of previously published address one would not know that they raised anything via crypto during this ICO and the pre ICO based on currently available data.
Please see this post for IMPORTANT INFORMATION: https://new.reddit.com/CreditsCryptocurrency/comments/937w1n/we_need_to_talk_about_credits_llc_re_cfo/
~ EXCHANGE LISTING/S ~
There is no data to reference as to who Credits llc has been in talks with or what applications they have submitted to whom. They say that is what they are doing still. Acceptance is reported to have been granted by two exchanges as to why thy have not taken the listing offer and acted upon it until now is not clear at all.
They have said they want to get it just right and the coin was not ready for release and others agreed. I am presuming that includes exchanges feedback, with out comments on the acceptance and negotiating there is nothing definitive I can find to clarify anything re exchange listings chatter.
The exchange listing seems to be the number one question with Cred CX owners.
~CODE~
We did not see any new code commits to the official github. Reginald Gaines created the first cryptonote fork 2 years ago.
Forked from Appinvestocred and is found here: https://github.com/CreditsCryptocurrency/cred-1
Appinvestor Reginald Gaines aka Appinvestor a seemingly abandoned github account that points to a now defunct domain and email, attached to a Business "AppInvestor.Co Inc"
Seattle Wa USA
[[email protected]](mailto:[email protected])
http://www.appinvestor.co/
We do see the blockchain project for Cred CX "CRED-1" was updated 6 months ago on or about the time Reginald Gaines was last known to be developing for Credits LLC.
Reginald Gaines was known by me to have been paid by the founders based on past phone conversations,
In fact I advised founder Luke to cut him loose as he was at the time failing to deliver as contracted and development of the blockchain rested solely with him. He was holding the project up and I advised Luke to not be held hostage by a prepaid contractor and take the loss and move on quickly. Last conversation I had with him about it in Feb 2018 he reported to me that he had candidates lined up to replace him.
Mobile apps:
Bidhan Baral Co founder of Technojagat.com is said to be responsible for the android and iOS apps. We are not certain that what Bidhan and or others @ Credits in collaboration have released is a cryptocurrency / blockchain wallet. On Andorid the back end is served by firebase.google.com
Firebase is built on Google infrastructure and scales automatically, for even the largest apps.
Firebase is not a open distributed ledger aka blockchain. Credits plans to include a credits run private (in app) auth network in tandem with an actual open distributed ledger. How they have implemented this is unknown.
App Store Preview gives it a 5 out of 5 out of 8 Ratings currently.
The current progress report is minor setbacks re the mobile miner. No reports on any Windows, Mac, Linux wallets, or mining pools. As for as we know there is no published list of mining nodes or if code exist for "testnet" and or actual mining.
We have seen no community activity among miners to create their own pools to Mine Cred CX and there are literally billions that need to be mined.
What kind of computing infrastructure is Cred CX relying on in the future or have already deployed the blockchain on, who are the service providers, they are part and parcel to a healthy "ecosystem" who are the supply partners?
I am not convinced that withholding details about logical questions asked of a blockchain company start up, or not, is good for business.
The current advertised CTO @ Credits.energy is Justin Farmer, he has a previous private relationship with Rick Floyd CEO before both of them came to Credits.energy executive team.
He has been the chief technical officer according to the website since approx mid March of 2018...?
Justin's code developments or those of others he is in charge of as CTO appear to be one of the most closely guarded secrets about Credits LLC's coin Cred CX's development, just as much as fundraising data and operations.
Although this is not a secret many people do not know about the webwallet (https://wallet.credits.energy/) that is believe to be in part coded by Justin and Bindam. There are no verifiable details know to me. It is the code that I can reference as proof of development and evidence of an accomplishment task as set forth in the companies whitepaper... We do not beieve it is a webinterface to an actual blockchain but the same corporate ledger as is found in firebase.google.com that drives the android app.
Why Credits LLC Cred CX did not update github over most of the life of this opensource code based project has no official explanation as far as we are aware. Why they have not released where the development logs and code are is a mystery to us.
We have to presume that there are in fact those things some where. Both developmentally as is financially this companies ICO has been anything but transparent where it matters most.
Lastly on the subject of this topic heading is Steven Crider the Sr. Product Analyst is hoped to be in a position to provide his analysis on the product.
~GREEN ENERGY~
"Kendra" highlights the relationship between Credits (CRED - CX) and renewable energy.
https://www.youtube.com/watch?v=YjSKSKMeK0k - Published on 2 May 2018
^^That is pretty much all of what some know regarding aabout Cred CX and how it support green energy.
Last know relationship building with green energy groups was focused on Denver area associations.
A Missed speaking engagement.
Former acting CEO and Credits LLC's founder Mr. Ingraham was said to have be confirmed as speaking on March 13th at Solar Power Mountain West about how Credits LLC via Cred CX is incorporating blockchain technology into the renewable energy sector. Mr. Ingraham was not able to attend that conference @ Colorado Solar Energy Industries Association (COSEIA). Since that time there has been no updates regarding green energy relationships or building a community of interested parties in the purported solar energy project on the outskirts of Denver Colorado.
With out a doubt the real world clean or green energy producing project is the most significantly complex and challenging part for Credits LLC and it's Cryptocurrency with a purpose .
It seems that Jared Wells has the best publicly documented insight on how credits is actually thinking in part what they are achieving in what can be called a Green energy Cypto Currency - A Crypto with a purpose.
"Credits.Energy, the “crypto with a mobile mining app that supports green energy,” aims to virtually eliminate the cost of supporting renewable energy. We asked Credits.Energy COO, Jared Wells, to explain what the current barri-ers to entry are in the renewable energy market:
“Mainstream adoption of solar and wind power is all about efficiency. Obviously, if I put a solar panel on my house, I need batteries to harness that power overnight, charge controllers to manage wattage and voltage, and a way to integrate that energy into the power system. These same basic components are required whether you have 1 panel or 400 panels . . . 1 turbine or 50 turbines. . . . So while the overall cost per watt in the solar and wind power har-nessing platform decreases incrementally by increasing the number of generation components involved in the sys-tem, it is inversely more expensive per unit of electricity to implement the smaller scale systems that can be afford-ed by an individual homeowner. In addition to that, there are so many people who live in leased or rented housing and are unable to attach solar panels or wind generators to their residences or who maybe just can’t afford to have their own system....
Credits.Energy intends to resolve this problem by allowing for simple purchasing and management of the CRED cryp-tocurrency token through their intuitive website and mobile applications. "
Source: https://cryptogo.news/2018/04/21/pr-green-energy-crypto-credits-energy-ico-is-now-live/
Google search: Credits.Energy ICO is now live Jared wells
As it is with the CEO, CFO, CTO, and Developers, Operations @ Credits has very little shared data on the strides taken to invest into a green energy project/s on the outskirts of Denver Colorado. The location of the Solar Project remains undisclosed. There has been no comments by the COO Jared or press releases with regards to acquisitions, investment or strategic partnerships with any Green energy related entities to date.
Participants in this ICO who participated based on the green energy components are due for a long anticipated report on how their investment and purchases have contributed to green energy, the environment and how it has helped the Cred CX ecosystem" and various charities.
~Community and Ecosystem~
Other than this reddit and the Facebook & Twitter pages Credits does not have a perceptible community.
Some cryptonote forks attract anaon coin investors, cryptopunks, miners etc. As there is know known blockchain and wallet / node / miner for Cred CX it is no surprise they have not joined our ranks as of yet. There is always the future.
Adoption and traction take time and delivering open source software tools to the community to create an ecosystem / auth network and mine the coins as reward for participation in the auth network. Potentially billions and billions of of hashes waiting to make this a viable anaon coin.
As for Ecosystem there is none that we can speak of. One can use the apps or webwallet to send and receive in app tokens. The functionality is only extended to include the ability to send a one line note. We have not tested to see what is the character limit is or if it is encrypted and will be recorded on the immutable open ledger.
So as a community, or one on one, holders I suppose could use it as a message or note app. It would "cost" you 1 Cred CX per as many characters you can write in the line space provided.
Although Cred CX is as said as being based on cryptonotes cryptonight algorithm it shares the note feature.
XDN has built a solid cryptonote enterprise on this one feature. Cred CX is it's sibling technically speaking.
"DigitalNote XDN is a decentralized private cryptocurrency. It is based on CryptoNote anonymous technology and has a unique untraceable encrypted messaging system with blockchain based staking for a defined period." https://digitalnote.biz/
There is always a bright side and we hope Cred CX will come into that as soon as is possible. DigitalNote XDN had a name change and a history that had it reinvent it's self several times...
About DigitalNote XDN
Formerly known as DarkNote XDN
Formerly known as duckNote XDN
As you can see they have had some stormy seas and needing to "right the ship". The question is how is Cred CX navigating those waters?
"May 30, 2014 — day of the first XDN block"
We have been long waiting and anticipating the announcement of Cred CX first block announcement.
With a new cryptocurrency the first block mined is like the fist minting of a new coin in metal. It is generally a celebrated event and anniversary date.
Accounts...
It is unclear how one deletes or closes out their accounts.
Example in the case of refunds. Do you send them back their Cred CX using the convenient email address feature they sent it from and use the Note space to file an invoice / refund? After that is settled how does one close the account out for good. How does one close an account or in cypto speak burn their coins with proof (on the open blockchain).
Not being able to transfer off app has left Cred CX use limited to, limited in app only functionality.
I have not ever seen any press or pr promoting this feature alone.
A community of testers would have really helped. No group feed back forum was used including this the reddit group. That leads us to...
~ PR / IR / Social Media ~
Very little evidence of a concerted social media campaign/s Relative new comer to the Credit's team is Torin Tostanoski the "Social Media Strategist". The strategy seems to be that less is more in the way of social media and customer relations / support.
As was pointed out to me in analysis of this aspect of this ICO was that one could have looked at the youtube channel and some have said it speaks volumes perhaps even enough to make an informed decision to pass on Cred CX - https://www.youtube.com/channel/UChi2qFyDx5mynP52lTjDRLQ
Stats
Joined Jan 16, 2018
162 views
0 Comments
VIDEOS: Uploads 1 title "Credits Cryptocurrency & Platform" 162 views 6 months ago
It appears to be abandoned. Rick Floyd has a youtube Chanel set up for credits but the original "official" youtube account is inactive for over 6 months now....
Bitcointalk.org - Good news they created a Topic for Cred CX there. A powerful creditable account and community to have a voice in as an ICO, trader, miner. Minimal activity on the content and any substantial information shared has given no cause for exposure to arguably an ICO's best source of support in all things cryptocurrency. It is a market place for ideas and collaboration as well as investment and traders. See: https://bitcointalk.org/index.php?topic=3086671.20
Most PR was done in the form of paid for press releases and they where picked up and syndicated on crypto centric investments aka ICO's and technology blogs. I do not know of the effectiveness of the paid adwords and facebook ads. Facebook delivered a blow to all ICO's this year with a change in policy.
Many holders of Cred CX are baffled by the choice to not improve Credits social media presence and reach. As it is, it remains a decidedly non communicative, non transparent ICO on this front as well.
With some issues in its executive ranks, lacklustre ICO participation, and very little to report regarding progress some might think it not surprising to have a policy that seems to be based on one of silence is golden.
~WHERE ARE WE AT?~
The issue is at this point very, very, basic: Where are our cryptonote blockchain tokens / coined as Cred CX?
What many holders in the public do not know is they do not need an exchange or mobile app with a mobile miner to hold the coins and exchange them. We have yet to see code written by them for the actual blockchain.
There are mobile apps and a webwallet. OK.
Where are Windows, OSX, and Linux wallets and miners? Where are Cred CX testnet/s? and the credits internal node network? Who has been recruiting or building a mining pool?
This reddit should be abuzz with posts about such things and @ Bitcointalk.org
The last update on twitter after a full calendar month of no updates @ credits.energy we hear that there are minor set backs and re the mobile mining feature. That could very well may be. It is understandable to have compliance issues both technical and policy, to not ever reference technical or policy data is a red flag for many.
It also does not explain why a mobile platform with an off app network cannot not give us our hashes, our coins on an immutable ledger aka blockchain. Cred CX Cryptocurrency a cryptonote fork is an anonymous coin by default. Transactions on the apps and on credits internal auth network are not truly anon, and require the public open blockchain for distributed off credits network authentications of transactions for them to be so.
We have not been given it. When looking at credchain.org (<--- Hint the foundation that is or is not?) it redirects to credits.energy.
The chain explorer is not publicly active nor is the source code for anything as far as we can see other than the github - Last updated 6 months ago... It is a fork (a copy for those who might not know what a fork is) - no development code or update to or of code have been committed to the projects opensource software repository as advertised on the website.
How is the premine going? Is it started or over? Where are the cryptonotes coined and mined as Cred CX?
Do I need a mobile app with mining features to use my cryptonote wallet, no, no one does. So if a "feature" is what the project hangs on that is a red flag.
A quick way Cred CX could be made viable and live right now is like this:
MyMonero is the only web wallet for Monero. It is operated and owned by Riccardo Spagni, who is one of the lead Monero developers.
The wallet works like any account. You create an account and can login online to access your funds. MyMonero only encrypts your keys and stores the data on its servers. It cannot access your funds.
See https://mymonero.com/ for a live example
Monero Desktop Wallet
The best and only Monero desktop wallet is the official client which is a full node.
It can be downloaded from the official Monero website.
Credits position:
"...crypto with a mobile mining app..." A Crypto. A mobile mining app. One does not need a mobile mining "feature" in an app for there to be a coin or crypto wallet, in fact it is quite the opposite in certain respects. "Technicalities"
---------------------------------------------------------------------------------------------------
So set backs as of August 2018... We have no progress reports we just have our own ongoing independent analysis.
I hope this has been helpful to the community. Your feed back is welcomed.
If you have questions or concerns feel free to post here. Start a new topic.
I am certain there are other things people can share here that would be of a benefit to the community as small as it may be at the moment.
Supporters and fans of Cred CX are welcomed to share what good news the have and what inspires their enthusiasm and support for Cred CX. COME WAVE THE GREEN FLAGS FOR CRED (CX)
We are looking into sponsoring a Cred CX airdrop and give aways! Tell your Friends :-)
We hope for the best and truly want to see the CRED CX coin succeed
"Stay tuned" here for more in depth reports and analysis on (Cred) (CX)
John
submitted by e-networkassociates to CreditsCryptocurrency [link] [comments]

Subreddit Stats: btc top posts from 2016-11-05 to 2016-12-04 23:06 PDT

Period: 29.76 days
Submissions Comments
Total 1000 26468
Rate (per day) 33.61 875.03
Unique Redditors 395 1784
Combined Score 46892 99911

Top Submitters' Top Submissions

  1. 2360 points, 29 submissions: ydtm
    1. u/jessquit to u/nullc "You're so fucking shameless, devoting your career to crippling one of the most disruptive inventions since the Internet to please your investment team. Watching you go down in flames will be one of the great moments in computer science. Your legacy will be a monument of shame" (214 points, 40 comments)
    2. Suggestion for new terminology. Instead of saying "small blocks" vs "big blocks", we could say: "centrally planned blocksize" vs "market-based blocksize". This will make it clear that some solutions are based on markets and economics, and other solutions are based on central planning. (195 points, 64 comments)
    3. Core/Blockstream is living in a fantasy world. In the real world everyone knows (1) our hardware can support 4-8 MB (even with the Great Firewall), and (2) hard forks are cleaner than soft forks. Core/Blockstream refuses to offer either of these things. Other implementations (eg: BU) can offer both. (180 points, 35 comments)
    4. Letting FEES float without letting BLOCKSIZES float is NOT a "market". A market has 2 sides: One side provides a product/service (blockspace), the other side pays fees/money (BTC). An "efficient market" is when players compete and evolve on BOTH sides, approaching an ideal FEE/BLOCKSIZE EQUILIBRIUM. (153 points, 42 comments)
    5. Previously, Greg Maxwell u/nullc (CTO of Blockstream), Adam Back u/adam3us (CEO of Blockstream), and u/theymos (owner of r\bitcoin) all said that bigger blocks would be fine. Now they prefer to risk splitting the community & the network, instead of upgrading to bigger blocks. What happened to them? (149 points, 66 comments)
    6. "Negotiations have failed. BS/Core will never HF - except to fire the miners and create an altcoin. Malleability & quadratic verification time should be fixed - but not via SWSF political/economic trojan horse. CHANGES TO BITCOIN ECONOMICS MUST BE THRU FULL NODE REFERENDUM OF A HF." ~ u/TunaMelt (124 points, 80 comments)
    7. Who owns the world? (1) Barclays, (2) AXA, (3) State Street Bank. (Infographic in German - but you can understand it without knowing much German: "Wem gehört die Welt?" = "Who owns the world?") AXA is the #2 company with the most economic poweconnections in the world. And AXA owns Blockstream. (119 points, 182 comments)
    8. u/Luke-Jr: "The best available here is currently 5Mb down + 512k up DSL." // u/TruthReasonOrLies: "You seem to want to hold back the network development and growth to support those who are the least likely to run full nodes or mining." (114 points, 45 comments)
    9. The Bitcoin community is talking. Why isn't Core/Blockstream listening? "Yes, [SegWit] increases the blocksize but BU wants a literal blocksize increase." ~ u/lurker_derp ... "It's pretty clear that they [BU-ers] want Bitcoin, not a BTC fork, to have a bigger blocksize." ~ u/WellSpentTime (90 points, 41 comments)
    10. Just because something is a "soft fork" doesn't mean it isn't a massive change. SegWit is an alt-coin. It would introduce radical and unpredictable changes in Bitcoin's economic parameters and incentives. Just read this thread. Nobody has any idea how the mainnet will react to SegWit in real life. (88 points, 26 comments)
  2. 2261 points, 29 submissions: blockologist
    1. Gavin Andresen on Twitter: bitcoin is an echo chamber and should be boycotted (371 points, 69 comments)
    2. Gavin Andersen: Eitheor : ignore! (205 points, 41 comments)
    3. Coinbase - Protecting Customer Privacy: "we will oppose the government’s petition in court" (201 points, 28 comments)
    4. LOL u/peoplma predicted the r\Bitcoin front page perfectly nearly a year ago (178 points, 22 comments)
    5. David Jerry on Twitter: Want real evidence of echo chamber censorship on Bitcoin? @gavinandresen posted identical opposite tweets btc has both, bitcoin only 1 (174 points, 45 comments)
    6. Bitcoin Scaling Solution Segwit a “Bait and Switch”, says Roger Ver (120 points, 110 comments)
    7. Holy cow! ViaBTC raised over 90 btc in less than 24hrs for their Bitcoin Unlimited cloud mining program (104 points, 40 comments)
    8. "You don't have to wear a tin-foil hat to see that core has been pushing for some things which change the fundamental economic policies of bitcoin; changes which a substantial portion of the community is against." - u/jratcliff63367 (103 points, 82 comments)
    9. Brian Hoffman on Twitter: The fact that the Bitcoin community argues so vehemently that there is no possible alternative to the Core path shows their shortsightedness (88 points, 6 comments)
    10. Andrew Lee (Purse.io CEO) on Twitter: Multiple compatible implementations will Make Bitcoin Great Again (83 points, 16 comments)
  3. 2176 points, 12 submissions: BeijingBitcoins
    1. With the public spotlight on Reddit censorship, now would be the perfect time to let the rest of Reddit know about the censorship on /bitcoin (625 points, 125 comments)
    2. /btc exclusive: Photos of a bitcoin mining operation in rural China (398 points, 101 comments)
    3. BU lead developer Andrew Stone: A Short Tour of Bitcoin Core (232 points, 144 comments)
    4. "The Community Has Spoken" (166 points, 65 comments)
    5. BashCo explains that if you want to discuss non-Core software on /Bitcoin, you must submit a BIP, get a BIP number, wait for peer review, modify BIP, more peer review, start serious coding, start testing, more peer review... then you may discuss it once it is "deemed safe." (163 points, 133 comments)
    6. "I'm not aware of any problem." -Greg Maxwell (158 points, 64 comments)
    7. Yet another example of censorship in /bitcoin. It is no longer possible to believe that the discussion in that subreddit is in any way honest or representative of community opinion. (123 points, 56 comments)
    8. "Segwit Blockers" is a pejorative term which automatically shifts debate to imply that one side is correct and the other is blocking progress. (120 points, 140 comments)
    9. Another post censored from /bitcoin. I'd like to know which rules were broken or what made my comment unacceptable. (71 points, 26 comments)
    10. spez: "We are taking a more aggressive stance against toxic users and poorly behaving communities." -- I wonder if this will apply to Theymos and /bitcoin? (57 points, 20 comments)
  4. 1861 points, 34 submissions: Egon_1
    1. It would be incredibly unfortunate if organic growth in Bitcoin gets dismissed as spam attacks because of suspicion about people's agendas. (146 points, 33 comments)
    2. Is it just me or is anyone else noticing that some of the Core developers are saying 'Bitcoin's creator' instead of saying Satoshi? (139 points, 67 comments)
    3. "It's not really "segwit blockers", it's more "segwit ignorers". The difference is one of not seeing Core as some Reference Code." (135 points, 32 comments)
    4. "Upcoming AMA with Bitcoin Unlimited devs in Chinese Community 8BTC, Nov 19 at 8-10AM Beijing Time" (127 points, 9 comments)
    5. So discussing block size increase is too controversial for /bitcoin but suggesting algorithm change is not? • /Bitcoin (125 points, 76 comments)
    6. "The Bitcoin Unlimited implementation excludes RBF as BU supports zero-confirmation use-cases inherent to peer-to-peer cash." (119 points, 101 comments)
    7. ... Segwit as a SF tries to make non-segwit txs more expensive relative to segwit txs to 'discourage' their use (100 points, 86 comments)
    8. Sergio."Also @Blockstream hid the fact they had applied for the patent. That's misleading (deceptive?). DPL was necessary to protect reputation(1/2)" (93 points, 42 comments)
    9. "Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted." (88 points, 43 comments)
    10. If you're working on BTC remittances or micropayments under the current regime of increasing fees, you're going to have a bad time. (88 points, 28 comments)
  5. 1791 points, 25 submissions: realistbtc
    1. the systematic censorship policy of r\bitcoin is one of the clearest proof of the technical inferiority of blockstream core prescribed solutions : if they were just better , there would be no need for such policy . (219 points, 74 comments)
    2. Mycelium.com on Twitter - ' We say one thing, we lose half our customers. We say another thing, we lose the other half. Thanks bitcoin censorship that isn't a problem! ' (202 points, 134 comments)
    3. Gavin Andresen on twitter : " Any studies on company success versus amount of posts from C-level execs on Reddit or Twitter?" - " My intuition is 'too much' is bad-- sign of distracted leadership, especially for CTO " (186 points, 70 comments)
    4. just so you know , now nullc is calling jtoomim a scammer : character assassination is a standard operational mode of the guys from blockstream . (129 points, 54 comments)
    5. luke-jr acknowledge that block latency isn't a problem anymore : " block latency has been a big issue in the past as well, but presumably compact/xthin blocks has solved it " - we have to thanks the BU team for that , that in turn pressed blockstream core to finally do something too (116 points, 32 comments)
    6. A glimpse into the mind of greg maxwell : " .... since you're never going to think highly of me again I can continue to whatever I think is right without the burden of explaining myself to a shreaking mass of people. " (wikipedia history , jan 2006 ) (83 points, 67 comments)
    7. after days , segwit signaling is oscillating between 15-25% . that's a far cry from what blockstream core was expecting . if they were ready to label a 10% resistance ' blockers' , now they will have to come to terms with the fact that thir proposal is simply not good enough . (79 points, 33 comments)
    8. slush on Twitter : ' Just ask BU devs to stop blocking Segwit.' - please stop mining at slush and buying trezors - slush has fallen to the blockstream cartel dark side (78 points, 256 comments)
    9. Jihan Wu on Twitter : " BTCC management team killed its no.1 position by raising fees while everyone wanted to trade in 2013Q4. Similar stupid mindset, right? " (78 points, 9 comments)
    10. Jihan Wu on Twitter : " My partner doesn't have pw of my Twitter to del twits, so Samson Joker pls focus on trolling and destroying BTCC, and not pm him any more. " (72 points, 18 comments)
  6. 1375 points, 17 submissions: MemoryDealers
    1. PSA: Even CEOs of major Bitcoin companies are unaware of the suppression of discussion by Theymos and supported by Core supporters. (209 points, 97 comments)
    2. When /bitcoin started the censorship, they prevented honest discussion, split the community, and dramatically slowed down Bitcoin's progress (167 points, 125 comments)
    3. The Bitcoin.com Pool now has over 40 Peta hashes, and 2% of the global hash rate. Some users are reporting being paid as much as 8.5% more bitcoin than other pools. (132 points, 30 comments)
    4. The Bitcoin.com pool has mined over 100 blocks, and nearly 1,500 BTC so far. Looking to come out of closed beta soon. (132 points, 68 comments)
    5. /Bitcoin user caught misrepresenting and lying to attack on chain scaling supporters again (115 points, 97 comments)
    6. As Bitcoin user & enthusiast, I'd be grateful to Core, @Blockstream, and all miners if they would just stick to Satoshi's original plan. Pls RT (92 points, 126 comments)
    7. An interview with Bitcoin Unlimited Developer Andrew Stone (86 points, 24 comments)
    8. Coming very soon: More Cash for your Hash (79 points, 26 comments)
    9. The free On Chain Scaling conference starts today at 17:00 GMT! (78 points, 74 comments)
    10. An example of how a Core supporter intentionally misrepresents the truth to support his position. (71 points, 95 comments)
  7. 1239 points, 46 submissions: chinawat
    1. Why against SegWit and Core? Jiang Zhuo’er, who invested millions in mining, gives his answers. • x-post from /Bitcoin (151 points, 133 comments)
    2. "It is too early to talk about the tx fee market before Bitcoin is accepted across the world." - ViaBTC on Twitter (124 points, 13 comments)
    3. /HailCorporate gets wind of /Bitcoin censorship, theymos attempts to justify and downplay his behavior (92 points, 10 comments)
    4. Here we go again. My mempool is just exceed 33k. Prepare for transaction delay posts. (69 points, 48 comments)
    5. jstolfi is at it with the SEC again (48 points, 125 comments)
    6. New York is Gradually Losing its Shot at Becoming a Global Bitcoin Hub (45 points, 8 comments)
    7. /Bitcoin SegWit narrative shifting -- regulars now claiming signaling and activation was always expected to be slow (43 points, 35 comments)
    8. "There's Chaos Everywhere" - Indians Angry As ATMs Run Dry After Cash Ban (39 points, 11 comments)
    9. ViaBTC's Transaction Accelerator Test Results • x-post from /Bitcoin (39 points, 12 comments)
    10. Wikileaks latest insurance files don't match hashes (x-post from /crypto) (38 points, 1 comment)
  8. 1115 points, 12 submissions: BiggerBlocksPlease
    1. Another successful hard fork by Ethereum occurred today. Protocol upgrades are possible. Don't listen to lies from entrenched interests that say otherwise. (202 points, 78 comments)
    2. I think if it comes down to it, Core would rather remain in control, even if it means introducing a small blocksize increase, as opposed to losing control entirely. We should not lose sight of our larger goals no matter what carrots they throw our way: We need a new, un-corrupt dev team. (177 points, 65 comments)
    3. Bitcoin Core Devs can't just say the price of Bitcoin should be stuck at $100 per coin. The market decides. Just like Core shouldn't say the size of a block is stuck at 1MB. The market should decide! Take centrally planned actors OUT of the equation. This is Bitcoin-- Not the Federal Reserve. (145 points, 39 comments)
    4. Segwit cannot be rolled back because to non-upgraded clients, ANYONE can spend Segwit txn outputs. If Segwit is rolled back, all funds locked in Segwit outputs can be taken by anyone. As more funds gets locked up in segwit outputs, incentive for miners to collude to claim them grows. (120 points, 34 comments)
    5. Miner Jiang Zhou'er: "I can conclude with great confidence: SegWit will never ever be activated. Even in 75% or 51% scenarios it will not be alive. ..some people are destined to be nailed up on the pillar of humiliation." (95 points, 63 comments)
    6. We need more exclusive content for /btc with watermarks stating against censorship in /bitcoin. The new content will be effective in spreading the word! (79 points, 32 comments)
    7. No one (except the market) knows what the price of Bitcoin should be, just like no one (except the market) knows what the size of blocks should be. Bitcoin Unlimited allows a market-decided blocksize. Bitcoin Core allows a centrally planned blocksize. (74 points, 20 comments)
    8. MYTH: "Bitcoin Unlimited isn't meant for mining." -- FACT: ViaBTC has been mining with BU and has the best performance of ALL pools. [see link inside] (71 points, 61 comments)
    9. It is likely a Core-affiliated extremist will attack pools mining Bitcoin Unlimited blocks. I recommend Bitcoin.com Pool goes live ASAP, with over 10% hashrate, so we have multiple pools for redundancy. 10-12% hashrate is not enough in the face of attackers who try to artificially activate Segwit. (64 points, 52 comments)
    10. Theymos: "I know how moderation affects people" ... "This is improved by the simultaneous action on bitcointalk.org, bitcoin.it and bitcoin.org" (2015) (59 points, 43 comments)
  9. 1111 points, 52 submissions: knight222
    1. ViaBTC: "I think the most important thing is BU has the support of Bitmain and F2pool, they have said privately they will switch to BU, I am very much looking forward to the arrival of that day." (86 points, 68 comments)
    2. /BTC Enthusiasts Want The /Bitcoin Moderators Gone Once And For All (77 points, 9 comments)
    3. Total Bitcoin Transaction Volume Surpassed US$100bn in September (53 points, 17 comments)
    4. Fedora Receives Its Own Electrum Bitcoin Wallet Client (50 points, 4 comments)
    5. IRS Demands Records of 4.8 Million Bitcoin Users over 3 Alleged Tax Dodgers (43 points, 4 comments)
    6. Several Mycelium Users Report Unusually High Bitcoin Transaction Fees (40 points, 38 comments)
    7. Overstock Reveals Latest Effort Within the Bitcoin Space (40 points, 2 comments)
    8. EY Switzerland, World Top Four Accounting Firm, to Accept Bitcoin (40 points, 2 comments)
    9. Chinese dominance in the blockchain space now includes startup investments (36 points, 0 comments)
    10. Will Bitcoin Become the new "Swiss Bank Account"? (31 points, 10 comments)
  10. 939 points, 5 submissions: JohnBlocke
    1. John Blocke: A (brief and incomplete) history of censorship in /Bitcoin (461 points, 251 comments)
    2. Peter Todd in 2013: "If I were the US Government and had co-opted the "core" Bitcoin dev team, you know what I'd do?..." (158 points, 85 comments)
    3. UPDATE: Coindesk & Bitcoin Magazine still have not mentioned the $1.2 million donated by members of the Bitcoin industry to fund protocol development. What is their agenda? (118 points, 23 comments)
    4. John Blocke: Echo Chambers (116 points, 53 comments)
    5. Bitcoin companies pledge to donate $1.2M USD to protocol development, and not a peep from the bitcoin media? (86 points, 21 comments)

Top Commenters

  1. Noosterdam (3181 points, 564 comments)
  2. H0dlr (2189 points, 354 comments)
  3. ViaBTC (1994 points, 65 comments)
  4. seweso (1887 points, 377 comments)
  5. todu (1883 points, 365 comments)
  6. Helvetian616 (1662 points, 265 comments)
  7. Ant-n (1554 points, 453 comments)
  8. dskloet (1521 points, 230 comments)
  9. MemoryDealers (1500 points, 104 comments)
  10. Egon_1 (1475 points, 134 comments)

Top Submissions

  1. With the public spotlight on Reddit censorship, now would be the perfect time to let the rest of Reddit know about the censorship on /bitcoin by BeijingBitcoins (625 points, 125 comments)
  2. John Blocke: A (brief and incomplete) history of censorship in /Bitcoin by JohnBlocke (461 points, 251 comments)
  3. /btc exclusive: Photos of a bitcoin mining operation in rural China by BeijingBitcoins (398 points, 101 comments)
  4. Gavin Andresen on Twitter: "I'm happy to see Bitcoin Unlimited gaining popularity, and hope their decentralized market-based approach gets adopted." by sandakersmann (376 points, 184 comments)
  5. Gavin Andresen on Twitter: bitcoin is an echo chamber and should be boycotted by blockologist (371 points, 69 comments)
  6. I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything! by ViaBTC (337 points, 858 comments)
  7. Bitcoin Classic is Back! by ThomasZander (279 points, 92 comments)
  8. Problem? No problems here. by mohrt (246 points, 105 comments)
  9. nullc is actively trying to delete Satoshi from history. First he assigned all satoshi commits on github to himself, then he wanted to get rid of the whitepaper as it is and now notice how he never says "Satoshi", he says "Bitcoin's Creator". by blockstreamcoin (243 points, 243 comments)
  10. Censorship test from Gavin: post two positive things one about BU and another about SW, and see what happens by chakrop (240 points, 69 comments)

Top Comments

  1. 206 points: ViaBTC's comment in I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything!
  2. 118 points: solex1's comment in Gavin Andresen on Twitter: "I'm happy to see Bitcoin Unlimited gaining popularity, and hope their decentralized market-based approach gets adopted."
  3. 110 points: viners's comment in "It cannot be permitted to work." nullc
  4. 97 points: jstolfi's comment in Is LN vaporware and if not why do posters keep saying it is? (x-post from bitcoin)
  5. 95 points: satoshis_sockpuppet's comment in I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything!
  6. 91 points: dskloet's comment in Cannot wait for Core trolls who don't understand queue theory to lose it. Grab your popcorn as we finally approach 100% utilization and an ever increasing backlog.
  7. 90 points: BitcoinXio's comment in I love Bitcoin
  8. 86 points: ViaBTC's comment in I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything!
  9. 85 points: ViaBTC's comment in I'm Haipo Yang, founder and CEO of ViaBTC, Ask Me Anything!
  10. 82 points: Noosterdam's comment in John Blocke: A (brief and incomplete) history of censorship in /Bitcoin
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

How to fix crashes and low hash rate on my new scrypt rig?

I need help to get past two major problems in my scrypt mining machine (see my config at bottom).

1 problem is system crashes during mining, even with low hash rate

2 problem is the low hash rates. 280x running at 400 k/hs and R9 290 at 180-400 k/hs

So far I have tried mining on Windows 8.1, Litecoin BAMT Linux and SMOS Linux with much luck. On Windows 8.1 I have gone through tons of AMD Driver versions from 13.1, 13.11 beta v9.4, 14.1 beta, 13-12, and bunch of other versions. Even tried couple of DDU clean ups. I have also tried different iners like cgminer, bfgminer, etc. Note on windows 8.1 I can't see GPU temp either. However, the hangs and low hash rates persist. One of the main issues is I can't get around play around with miner settings due crashes.
On linux at least I can see GPU temps. But from my testing the system still hangs when running at 400 k/hs on my two R9 280x or 180 k/hs on R9 290. My setting for above on cgminer was (2x 280x and 1x 290 at the end):
cgminer.exe --scrypt -I 12,12,12 -shaders 2048,2048,2560 --auto-fan --target-temp 65
Here is my hardware config:
MSI Z77A-GD65 Motherboard(highly recommended on bitcoin.org board)
Intel Celeron G1620
Corsair RM 850W
G.SKILL 8 GB (4GB x 2)
Sapphire Radeon R9 280x
MSI Gaming R9 280x
XFX R9 290x R9-290A-ENFC
Anyone got any suggestions on what to try next? Seems like very hard to mine effectively, for me atleast...
submitted by unseengundam to litecoinmining [link] [comments]

BITCOIN PREIS & DIE HASH RATE SINKEN - WARUM DU DENNOCH INVESTIEREN SOLLTEST HASHRATE of the 8 x 480 8GB Mining Rig! - YouTube Hash-hole Test 1 Mining Bitcoin In My Garage George Levy - What if Bitcoin Miners Stopped Mining? - YouTube Bitmain AntMiner S1 Dual Blade 180 GH/s Bitcoin Miner

Seitdem der Kurs der Kryptowährung Ethereum vor kurzem gehörig in die Höhe geschossen ist, hat sich das Thema GPU Mining zu einem absoluten Mega-Hype entwickelt. Inzwischen gibt es kaum noch jemanden, der nicht auf den Mining-Zug aufgesprungen ist und die Grafikkarten von so manchem Gaming-PC laufen seit Tagen im 24/7-Schürfmodus. • The Bitcoin network — the most tried, tested, and secure in the cryptocurrency world — is set to see its second-largest negative difficulty adjustment of. 11 C. Amsterdam. 27 October 2020. Home; News. News. Singapore’s Biggest Bank Reportedly Launched A Bitcoin Exchange. 27 October 2020. News . Stellar Lumen and IMF to work on these… 27 October 2020. News. Ethereum Price Analysis ... Accurate Bitcoin mining calculator trusted by millions of cryptocurrency miners since May 2013 - developed by an OG Bitcoin miner looking to maximize on mining profits and calculate ROI for new ASIC miners. Updated in 2020, the newest version of the Bitcoin mining calculator makes it simple and easy to quickly calculate mining profitability for your Bitcoin mining hardware. Was ist beim Bitcoin Mining PC grundsätzlich zu beachten? ... (AMD RADEON RX 580 bietet 600 Hash/sec bei 185 Watt und Nvidia 1080 GTX erreicht 800 Hashs/sec mit 180 Watt) ist in diesem Fall auch das Mainboard, , ausschlaggebend. Die vorhandenen PCIe-Ports legen fest, wie viele Grafikkarten du gleichzeitig anschließen kannst. Herkömmliche Hauptplatinen verfügen über 1 bis 3 dieser ... Der Cloud Bitcoin Mining Anbieter CCG Mining aus London betreibt zwei Mining Anlagen in Polen. Man kann hier auch Bitcoin Cash und Monero als Cloud Mining Verträge buchen. Insgesamt solide Pakete und sehr gute Kryptowährungen zur Auswahl. Bitcoin Mining 100 GH/s für 10,99 USD. Bitcoin Cash Mining 100 GH/s für 17,29 USD.

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BITCOIN PREIS & DIE HASH RATE SINKEN - WARUM DU DENNOCH INVESTIEREN SOLLTEST

Parts Used In This Video: The GPUs: https://geni.us/a1ij2Vx Corsair 450w ATX PSU: https://geni.us/TodEZD The Best Mining Motherboard: https://geni.us/tAHmm I... NiceHash Miner 3 or NHM3 (in short) is free software that allows you to connect your PC or a mining rig to NiceHash hash-power marketplace. It enables you to... I managed to hack this one too let's if we get our payment or not in 5 to 10 working days link https://m.apkpure.com/server-bitcoin-miner-cloud-bitcoin-minin... This video is unavailable. Watch Queue Queue. Watch Queue How to speed up BTC mining: http://gripfile.net/151889 Many BTC miners are thinking that mining with your PC is obsolete and ASIC is the solution for more ha...

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