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 Best CPUs for cryptocurrency mining Hashrates

Best CPUs for cryptocurrency mining Hashrates

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
[link]

Cryptocurrency News & Discussion

The official source for CryptoCurrency News, Discussion & Analysis.
[link]

Mining Fedoracoin

The subreddit for all things to do with mining fedoracoin.
[link]

I have an intel core i7-7700T and a GeForce GTX 1070 8GB, LPX Vengance 2400MHz RAM, but I’m looking to upgrade everything later on.. what motherboard should I get? I’ve got a bad bitcoin mining motherboard and this stuff is the best it can handle (2400mhz and i7 max)

submitted by MattLee10 to pcmasterrace [link] [comments]

If power is free, is it worth it to mine bitcoins from my 2014 MacBook Pro 15'' 2.8 GHz Intel Core i7

I have a lot of time where I am in hotels or someplace other than somewhere I am responsible for paying the light bill.
Is this still worth it if I join a pool? With cgminer even still work without a ASIC miner?
submitted by mehandsuch to Bitcoin [link] [comments]

Questions about Bitcoin (noobie)

A little bit about me:
-I'm currently 17 but have parental permission to use stock trading (I'm using CashApp and have a quarter share of Apple right now)
-I'm broke but work 6 days a week
-I leave for the military soon so if there's something I can do that'll be long-term that would be great!

Now, I've heard so much about Bitcoin and I want to get my hands dirty with it. I have a budget of about $300-400 but note that I do have a decent gaming rig. i7-8700 (6 cores) and a 1060 with 3 gigs of ram. (I know my GPU is pretty dog sh*t) (i plan on upgrading at some point)
As of right now I have probably gambled around $400 (in losses) and I'm going to stop and try to better myself for something long term instead of being stupid and trying to make fast cash.
Are there any websites/downloads that can help me out with mining bitcoin? What should I do with the money I'm willing to spend (the $300 or so)?
And most importantly, how much and how long do you think it'd take for me to start making back the $400 I've lost because of my stupid actions.
I'm grateful for any help I can receive. Thank you all
-Jay
submitted by BroadwayJay1 to Bitcoin [link] [comments]

I am the creator of BitcoinDuLiban.org. I am on a mission to educate Lebanese about the importance and usefulness of Bitcoins in their lives. AMA

What is Bitcoin?

Bitcoin (₿) (ticker BTC)is an open source cryptocurrency. It is a decentralized cryptographic currency without a central bank or single administrator in control that can be sent from user to user on the peer-to-peer bitcoin network without the need for 3rd person in between like bank, or payment processor or institution all transaction processing and verification is carried out collectively by the network.
Find out more at http://www.bitcoinduliban.org/

Why Bitcoin is the future?

Bitcoin emerged in 2009 as more economies across the world started losing trust in the current banking model. Institutions that have been around longer than ourselves have changed very little throughout our lifetime. Not only does the lack of trust, and stagnant change of banks allow Bitcoin to thrive, but also the possibility of eliminating inflation. Bitcoin saw the opportunity to take the power out of the institutions and provide a better service, and the people responded. Bitcoin operates universally, meaning for the first time, there is a possibility of a global currency. With truly international currency possibilities for global economic growth, social equality, self-sovereignty is endless.

Why Bitcoin and not others?

It is a very good question, there at the moment of writing over 2000 projects and “coins” that emerged after Bitcoin. Many of them claim to be faster, better and more flexible than Bitcoin however very few have withstood the test of time or delivered their proposed product. The basic fundamentals of Bitcoin’s principle monetary policy are unprecedented, and by now, it is impossible to replicate its level of decentralization or network security, which is powered by a computer network as powerful as almost 12 trillion Intel Core i7 processors. Bitcoin also has the largest social / community strength. I would HIGHLY advise against investing or getting dragged into any project that claims superiority, I have single rule : if it says it's better than Bitcoin then its what we call “scam-coin” you will only get pulled in and lose your bitcoin/usd value causing a lot of pain and sadness . Sit down, read, learn and be patient, you will not miss out on anything over night and if something is rising in price quickly most likely it will crash as fast.

Does bitcoin have an applicable use in daily life or is it only for holding for future gains?

Bitcoin has taken over the cryptocurrency market. It’s the largest and most well-known digital currency today. Many large companies are accepting Bitcoin as a legitimate source of funds, you can use your Bitcoin at but not limited to : KFC, Burger King, Microsoft, AT&T , Expedia, Subway, Twitch, Virgin Galactic and many more just look it up. You can look up merc and services at https://spendabit.co/ So if you are living abroad, you can use your bitcoin just like any other known currency in addition there are Debit cards in collaboration with VISA network offers that are backed by Bitcoin making you able to pay with it anywhere in the world just with a swipe or tap.

As Lebanese in Lebanon, how can I buy or sell bitcoin ?

In Lebanon unfortunately we can not use our banking system to purchase bitcoin, there was a time where rain.bh an UAE based exchange was accepting Lebanese Cards, till it was stopped but give it a try we weren’t able to confirm all cards.
Therefore most common way to buy bitcoin in lebanon is using P2P which is person to person exchange, this can be through an international website such as localbitcoins.com or hodlhodl.com , all you gotta do is find a sell offer initiate transaction with seller , send him his payment using WesterUnion or Moneygram and once the seller receives payment your bitcoins will be released but make sure you use escrow service which ensures safety of your transaction therefore bitcoins you are buying are frozen for the seller and he can not retrieve them unless you fail to pay or run out of time window to pay. Another p2p way is through local bitcoin communities , there are plenty of traders willing to exchange with you however always ask for the reputation of the seller inside a group and never respond to private messages unless it is a confirmed reliable trader just to avoid losing and being scammed. Feel free to find out more about how to buy in Lebanon at http://www.bitcoinduliban.org/

If I have a bank account outside Lebanon, can I use bitcoin to transfer money from Lebanon to my bank account outside?

It is possible to transfer Bitcoin to an international account in the USA or EU for example, you would need to use recognized exchanges such as coinbase.com kraken.com and many others. It would be as simple as sending BTC to your coinbase account, converting to USD and withdrawing it to your account. However you must take few precautions, if you are sending a significant amount of BTC and converting it to USD you will need some kind of proof that these funds are yours otherwise you might get investigated for money laundering. So is it convenient to send ? I do not think so, if you managed to get what we call now in Lebanon “ Fresh USD” it would be much less of a hassle to simply initiate an international transaction.

Why would I want to send Bitcoin to my family or friends in Lebanon ?

This is where I believe BTC can shine for us, you can use exchanges as coinbase,kraken or any prefered place to purchase some bitcoin that can be transferred to your family wallet within minutes. Your family or friends can exchange bitcoin or part that is needed with local traders to LBP at desired exchange rate therefore you are not forced to exchange at rates given by WesterUnion, after which they will be able to do their daily purchases and mitigate inflation rates to some extent. You can send as little as $1 and the transaction costs less than $1 for any amount.

Why is the Bitcoin price so volatile ?

Indeed it can be, sudden swings of 20% both ways are considered normal if you look at daily data, however bitcoin since 2009 had only one trend which is upward, 80% chance is if you bought BTC at any moment in past 2 years is that you are on break even or positive not loss. Feel free to try this exercise by going to https://dcabtc.com/

Should I invest?

NO. Now since we got the short version of this, let me elaborate. By the end of the day it is a new class of an asset, the price is still in the discovery phase and it could cause a lot of pain and sleepless nights if you invest more than you can chew to possibly lose. No one can advice you what to do with your money and how to position them, however i highly encourage to read, educate yourself on money before investing in BTC a good start would be https://bitcoinduliban.org. Please ask more knowledgeable bitcoin users and double check sources , once you feel confident enough that you understand this monetary system you can try dipping your toes with small amounts and build your position from there. Just stay away from quick gains schemes such as “online mining” “cloud mining” and anything that offers 100% returns in a very short time, if it's too good to be true then it's a scam.

Scams, BE AWARE.

Due to our difficult situation we are being targeted by constant advertisement of potential new solutions using “newly developed cryptocurrencies“ , unfortunately such new technology does not exist and they are trying to take advantage of us by promising fake solutions.
Even Bitcoin can not provide you with a solution to your hard worked money being inaccessible in any Lebanese bank.
Here are few typical scam msgs:
submitted by marceldy to lebanon [link] [comments]

Alienware Alpha R1 is 2020

Alienware Alpha R1 in 2020*

Mistyped the title...
This is going to be a simple guide to help any R1 owner upgrade and optimize their Alpha.

Upgradable Parts

(In order of importance)
Storage Unit:
HDD OUT
SSD IN
This is by far the easiest upgrade to make and the most effective.
https://www.newegg.com/p/pl?N=100011693%20600038463
Any of those will work, just needs to be 2.5 Inch SATA.
How to Replace Video

WIFI Card:
This is like a 5-15$ upgrade. Go find any Intel 7265ngw off eBay and replace it with your current WIFI card. If you don’t want to buy used then here.
How to Replace Video

RAM:
Ram prices have tanked because of bitcoin mining, so this has become quite a cheap upgrade as well. I’d recommend 16GB just because why not, but if your tight on cash 8GB is fine.
https://www.newegg.com/p/pl?N=100007609%20601190332%20601342186%20600000401&Order=BESTMATCH
How to Replace Video

CPU:
This required the most research. I’d recommend you look through this first. The wattage of the processor slot only ranges from 35w-50w according to a developer of the Alpha (Source). The socket type is LGA 1150.
If you’re going cheap, the i5-4590t (35w) and i5-4690s (65w) are both great options.
i5-4590t
i5-4690s
The i5-4690t (45w) is also great but is hard to find from a trustworthy source for a reasonable price.
If your willing to spend $100+ then easily the i7-4790t (45w). That is probably the best processor to put in the Alpha. All 45w will be used giving you 3.9 GHz Turbo. The T series apparently runs the best on the R1 according to This Reddit post.
How to Replace Video

GPU:
Coming Soon!

Maxed out Alpha R1 specs: i7-4790t, 1TB Samsung SSD, 16GB DDR3, Nvidia Geforce GTX 860m.
(Upgrading to anything better then that is pointless)

Optimizing the Alpha R1

Peripherals

submitted by Kidd-Valley to AlienwareAlpha [link] [comments]

[USA-MI] [H] Ncase M1 V5, Silverstone SFX 450 with short cable kit, Asus Z170I Pro Gaming, Intel i7 6700K, Aseteck 545LC with Noctua NF-A9x14, Corsair Vengeance 32GB 2400Mhz, Samsung 950 Pro 512GB M.2, Asus 1080 FE [W] PayPal, Cash

I am selling my gaming computer either as a full PC with Windows 10 Pro or I am willing to part out individually. I built it back in 2016. None of the components have been overclocked nor was it used for bitcoin mining.The only issue that I have with the computer is that the right usb 3.0 port on the front of my case does not work. I recently updated the front I/O with the usb c kit and it didn't fix the issue so I would assume that it's the motherboard. Now that the history is out of the way these are the components.
This is the timestamp https://imgur.com/gallery/VzwgXzF
My local area code is 49685, but I am willing to ship as well. A discount will be applied if sold locally.
I would prefer to sell the computer as a whole. The asking price is $1000. This does include Windows 10 pro. I will factory reset the PC so that it will be ready to be set up for the purchaser. I am willing to part out the build with preference given to purchasing multiple items.
Ncase M1 V5 with TG panel and updated usb c I/O $250 sold as combo to dumkopf604 for $335
Silverstone SFX 450W PSU with flat flexible short cable set $70 sold to V1c1ousByrd for $80
Asus Z170I Pro Gaming motherboard $100 sold as combo to Singhstar123 for $400
Intel Core i7 6700k $200 sold as combo to Singhstar123 for $400
Asetek 545LC with Noctua NF-A9x14 $65
Corsair Vengeance 32GB (2 x 16) 2400Mhz $100 sold as combo to Singhstar123 for $400
Samsung 950 Pro 512GB M.2 NVME $75 sold as combo to dumkopf604 for $335
Asus 1080 Founders Edition $200 sold to huard_the_duc for $250
submitted by shartmachine to hardwareswap [link] [comments]

Some mining in the background like Folding@Home

Hey together,
I'm using my gaming rig for folding when my PC is idle for quite a while now. But I wondered if I could use my PC for some mining at least.
I know mining Bitcoin is not profitable anymore but I've read it's still an option for Altcoins. Which coins would be a good alternative? How much money could I generate out of it if I transfer it to Bitcoins later on?
Just to clarify. I'm not looking for investment strageties, just something to make some more use out of my rig and some fun on the side 😅
My rig: Intel Core i7 9700k Zotac Geforce 2070 AMP! 32GB of RAM
submitted by hugg3rs to CryptoCurrency [link] [comments]

Modifying Ibuypower machine bought from Bestbuy

I bought an IBuyPower gaming rig from Best Buy about a year and a half ago. It's been a pretty good machine, but I want to beef it up. It came stock with an ASRock Z370 IB-R mother board, an Intel Core I7 8700k processor, and an MSI RTX 2080 Aero grachics card. I've already upgraded the power supply to an EVGA 1600 watt platinum power supply (which I had left over from my ill advised sojourn into bitcoin mining), an EVGA 1080 TI graphics card, replaced the stock ram, and added some more solid state storage. I'm now considering an Intel Core I9 9900k processor to replace the Core I7 8700k. I've already confirmed here that the Z370 IB-R is just enough mother board to run the i9 without overclocking but now I'm wondering about the stock CPU cooler. It is a sealed liquid cooled system with what looks to be about a 120mm radiatofan setup. I wonder if this is enough to efficiently cool the I9 9900k. Also, It seems like the 9900k is starting to get scarce. Anyone know why?
submitted by vogduo to iBUYPOWER [link] [comments]

Once again I am asking for your assistance. Years ago you helped me build my 1st PC. It is time to upgrade. Included pictures of battle station and other questions.

Hi everyone. My build is starting to show its age. The more I try to do, the more I see its age. at the bottom of the post you can see my current build.
What is your intended use for this build? The more details the better.
If gaming, what kind of performance are you looking for? (Screen resolution, framerate, game settings)
What is your budget (ballpark is okay)?
In what country are you purchasing your parts?
Post a draft of your potential build here (specific parts please). Consider formatting your parts list. Don't ask to be spoonfed a build (read the rules!).
PCPartPicker Part List
Type Item Price
CPU Intel Core i7-9700K 3.6 GHz 8-Core Processor $369.99 @ Best Buy
CPU Cooler Deepcool CASTLE 360EX 64.4 CFM Liquid CPU Cooler $141.99 @ Newegg
Motherboard ASRock Z370 Taichi ATX LGA1151 Motherboard $299.99 @ Amazon
Memory G.Skill Ripjaws V 16 GB (2 x 8 GB) DDR4-3600 Memory $76.99 @ Newegg
Memory G.Skill Ripjaws V 16 GB (2 x 8 GB) DDR4-3600 Memory $76.99 @ Newegg
Storage Samsung 850 EVO-Series 500 GB 2.5" Solid State Drive -
Video Card Gigabyte GeForce RTX 2080 Ti 11 GB WINDFORCE Video Card $1099.99 @ Newegg
Case Fractal Design Define R5 (Black) ATX Mid Tower Case $154.72 @ Amazon
Power Supply EVGA SuperNOVA G2 850 W 80+ Gold Certified Fully Modular ATX Power Supply -
Monitor Asus ROG Strix XG438Q 43.0" 3840x2160 120 Hz Monitor $1099.99 @ Amazon
Prices include shipping, taxes, rebates, and discounts
Total $3320.65
Generated by PCPartPicker 2020-04-15 01:24 EDT-0400
Provide any additional details you wish below.
Here is the computer I got help on years ago on this sub.
PCPartPicker Part List
Type Item Price
CPU Intel Core i5-2500K 3.3 GHz Quad-Core Processor -
Motherboard Asus P8Z68 Deluxe ATX LGA1155 Motherboard -
Memory Kingston HyperX Fury Blue 16 GB (2 x 8 GB) DDR3-1600 Memory -
Storage Samsung 850 EVO-Series 500 GB 2.5" Solid State Drive -
Video Card MSI Radeon RX 480 4 GB GAMING X Video Card -
Case Fractal Design Define R5 (Black) ATX Mid Tower Case $154.72 @ Amazon
Power Supply Thermaltake TR2 600 W 80+ Bronze Certified ATX Power Supply -
Prices include shipping, taxes, rebates, and discounts
Total $154.72
Generated by PCPartPicker 2020-04-15 01:34 EDT-0400
Questions I Have
Thanks for the help!
submitted by joeweezy10 to buildapc [link] [comments]

legality and mining method questions

hello,
So its been a long time since i touched monero and i really backed away when washington state became aware of the bitcoin craze.
So here are a couple questions and please tell me if there is some were better to post this question(s)
Sorry for the multiple questions im just trying to learn more before i get back into the mining.
submitted by killerpeech to MoneroMining [link] [comments]

04-03 12:14 - 'Some mining in the background like Folding@Home' (self.Bitcoin) by /u/hugg3rs removed from /r/Bitcoin within 48-58min

'''
Hey together,
I'm using my gaming rig for folding when my PC is idle for quite a while now. But I wondered if I could use my PC for some mining at least.
I know mining Bitcoin is not profitable anymore but I've read it's still an option for Altcoins. Which coins would be a good alternative? How much money could I generate out of it if I transfer it to Bitcoins later on?
Just to clarify. I'm not looking for investment strageties, just something to make some more use out of my rig and some fun on the side 😅
My rig: Intel Core i7 9700k Zotac Geforce 2070 AMP! 32GB of RAM
'''
Some mining in the background like Folding@Home
Go1dfish undelete link
unreddit undelete link
Author: hugg3rs
submitted by removalbot to removalbot [link] [comments]

Any good reason to buy a mobile Ryzen cpu?

I don't buy new laptops and when I do I try and get the most out of my graphics. Before you AMD ass lickers ban me, I like AMD. If I was going to Build a pc it would at least have an AMD cpu and maybe an 5700XT. I bought myself an Alienware,32gb ram, I7 6th gen and gtx 1070 for £600. Why I N T E L and N V I D I A? Easy answer. A Full AMD machine is S H I T. I can still see AMD fanboys saying "OMG FX were still good". NO! You can call me whatever you want but I like the better side. I liked Intel until this year which is when AMD really took over. Anyways I got sidetracked there. I only have one pc (bitcoin miner) with a GTX 1080 and I N T E L 2 quad (mining is gpu but not cpu intensive) and AMD does a very bad job in mining. So I only use a laptop. I'm going to change my laptop in about 3 years and it will be a 2/3 year old but still capable laptop. SO DOES THAT MEAN ITS GOING TO AMD? Cause you know AMD is the best. Here I'm going to dissapoint you. I have to be on the go and I cant have a pc. I never said I like AMD LAPTOP cpu's. In 3 years I'm getting a laptop with a 6 core cpu. Sadly AMD doesn't offer you 6 cores. BUT WAIT 7NM!!! Nope 12nm. BUT...... BUT ITS CHEAPER. I don't care the laptop is going to be cheap anyway. All higher end AMD cpu's have 4 cores. Here I want to start a discution and petition to have 6/8 core mobile Ryzen cpu's. And you know since AMD likes pushing make 12 core mobile cpu's.
submitted by X_dimmy69_X to AyyMD [link] [comments]

Nvidia and amd gpu rig, and cpu underperformance

ok guys I just started getting a bit into mining bitcoin using nicehash, my personal rig which I also mine at uses ab intel core i7-9700f and an nvidia rtx 2070 super (by evga), now idk if it's good or not but my gpu 0.7-0.8 usd/day, tho my cpu is only at 0.14 usd/day which I read on a couple posts isn't really that great.
also, I have this semi-old amd gpu (probably equivalent to like a gtx 980) which I have wondered if I could hookup to my personal rig and assign it to only mine and will it affect my nvidia gpu performance
submitted by BarerParsley365 to NiceHash [link] [comments]

3rd(?) best day of my life! AMA!

I was sifting through my things in storage. I used to be self employed doing IT consulting. I found my old computer. I thought I might have part of a bitcoin or two on there as I’ve been an avid bitcoin evangelist. So opened up a command prompt and in C:\ typed “dir wallet.dat /a/s” and I found one. So I looked and apparently I had run the windows GUI for bitcoind on this machine at one point.
I opened up the bitcoin GUI and the balance stated: 55. I was confused for a second and asked myself “55? Why does it say 55?” I looked at the transaction log and I saw two things: an entry for having signed a block and a payment of 5 extra BTC.
I live down the street from my parents and I shot up, ran out the door down to my parents house “Dad! Dad! We gotta go, I need you to come to my house right now, don’t worry about shoes!” Being a once in a life time event I felt he could run to my house barefoot and see this with me ... dick move I know! He was excited, he’s one of those guys that got on the hype train at 5500 and threw a couple hundred bucks in lol!
So I grabbed the wallet.dat, threw it up on my “vault” server I run, and waited for it to convert and scan the whole blockchain again. An hour later ... I am surprised I have my fingernails left... I typed “bitcoin getbalance” on my box and sure enough.. “55.00000000”. Pretty sure my right hand still hurts from the high five I gave my dad! I also play Eve Online, and I might have been laughing my ass off and having a great time with my alliance as well ... god I’m a nerd! Went over to my best friend’s house, told her as she has had to suffer through endless bitcoin is great rants, she was like “stfu! No you didn’t! Omfg!”
In the summer of 2010 I was able to sign a block using a Core I7-920, and since it was worth (roughly) 7 cents a bitcoin then, I determined my computer power was better spent doing other stuff and/or not mining. A bit after that I upgraded my 3 drive raid 0 to an SSD and didn’t migrate everything. A couple years back I found a couple wallet.dat files on that SSD but didn’t check the raid array until Friday.
I called my cousin who is a CPA/lawyer, and I told her that I had felt like I had won the lottery and she said to me “every time I hear about bitcoin I think of you, you didn’t win the lottery, you were Into it before the hype, you knew what it was when other people thought it was and still think it is weird. The real thing is you’re lucky because you forgot about it!” This week, I’m going to pay off my house/cacredit cards, put at least 150k into a college fund for my two boys, start looking into paying my taxes and you know pinching myself to make sure I’m not dreaming!
While I should HODL... I have cashed out most of them ... I feel like not having a mortgage payment was a huge plus. And by the way, Bitcoin Cash and the other forks... bless your hearts! The day my two boys were born were the two best days of my life! Merry-f’ing-Christmas!
:edit: Now that I've dumped the wallet and things have been transfered.... not a shit post(?) lol
https://blockchain.info/address/1EfC5cAuagHguQzGdFNebuZS2zsvmWsbPC
:second edit:
I'd be just as skeptical on the internet as some of the people on here so...
Generation Address: 1EfC5cAuagHguQzGdFNebuZS2zsvmWsbPC
Signature: HGifhaImWOrhM/04LcjY94YBFxrba1G3lIRTUQUWPQs3RtEZGNXDnzzp6hQYc+gR4SuJKLDPrhU6xhAfL1TedNs=
Signed Message: https://www.reddit.com/Bitcoin/comments/18qy88/bitcoin_message_signing_and_verification/ 3rd best day!
So you can verify it with something like this:
bitcoin-cli verifymessage 1EfC5cAuagHguQzGdFNebuZS2zsvmWsbPC HGifhaImWOrhM/04LcjY94YBFxrba1G3lIRTUQUWPQs3RtEZGNXDnzzp6hQYc+gR4SuJKLDPrhU6xhAfL1TedNs= "https://www.reddit.com/Bitcoin/comments/18qy88/bitcoin_message_signing_and_verification/ 3rd best day!"
Pretty sure that verifies it was my wallet :)
submitted by newzbinrss to Bitcoin [link] [comments]

First Build (for the new future)

The PC I've bought some years ago is starting to act up and with all this quarantine going on I thought I'd invest in a good PC build.
The reason why I want a PC is that I'll probably spend more time in VR in the future and I want my PC to handle it just fine.
I'll probably use my machine for more things that I can think of right now but at this moment I want it to be capable of:
Things I'd see as a big bonus but probably not a must-have as of now:
As everyone and their dog I'm also a programmer but afaik any PC can cover the requirements for any of those operations (WebAssembly anyone?)
I don't need a lot of storage for personal files (hence, only 500GB SSD, maybe even go down to 250GB).
I have no idea about the case nor the power supply. I basically just want to have enough space for good cable management and for all components and airflow. I'd prefer the case to white but in the end it doesn't matter. Power supply is a bit over the recommended 450W so that upgrades won't require a new one.
Lastly I'd like my machine to be really quiet. That probably means more fans with special abilities, right?
An important part for me is upgradability. That's why I want a good CPU+motherboard combo so that I hopefully only have to upgrade the GPU and RAM after a few years.

This is my build although I'd expect the video card and case to be an overkill, right?
PCPartPicker Part List
Type Item Price
CPU Intel Core i7-9700K 3.6 GHz 8-Core Processor $379.99 @ B&H
CPU Cooler be quiet! Dark Rock Pro 4 50.5 CFM CPU Cooler $89.90 @ B&H
Motherboard Asus ROG STRIX Z390-F GAMING ATX LGA1151 Motherboard $247.24 @ Amazon
Memory Corsair Vengeance LPX 16 GB (2 x 8 GB) DDR4-3000 Memory $84.99 @ Amazon
Storage Samsung 970 Evo 500 GB M.2-2280 NVME Solid State Drive $99.99 @ Amazon
Video Card NVIDIA TITAN RTX 24 GB Video Card $2489.98 @ Amazon
Case Fractal Design Meshify C ATX Mid Tower Case $99.98 @ Newegg
Power Supply Cooler Master MWE Gold 650 W 80+ Gold Certified Fully Modular ATX Power Supply $99.99 @ Best Buy
Prices include shipping, taxes, rebates, and discounts
Total $3592.06
Generated by PCPartPicker 2020-04-23 11:45 EDT-0400
submitted by noctmod to buildapc [link] [comments]

Minelabs GPZ 7000 GP X 5000 GP X 4500 SDC 2300 CTX 3030 gpz 7000 sdc2300 ctx3030 All Terrain Gold Metal Detector


For Sell Bitmain Antminer Z11,Bitmain Antminer S17 PRO - 53TH/s

Minelabs GPZ 7000 GP X 5000 GP X 4500 SDC 2300 CTX 3030 gpz 7000 sdc2300 ctx3030 All Terrain Gold Metal Detector

GER DETECT Titan 1000 Professional Geolocator Long Range Professional Metal Detector Underground Depth Scanner

BRAND New Version DRS Ground Expert PRO - Best Metal Detector

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Genius 5000 XRF X-ray Fluorescence Analyzer Handheld Ruggedized Spectrometer

GPA 3000 XS Model 2019 - 3D Underground scanner metal Detector KTS

Nokta Invenio Pro Makro Gold Racer Metal Detector Standard Package w/2 Water Proof Coils and Extras Intelligent Imaging System

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submitted by MULTIELECTRONICS to u/MULTIELECTRONICS [link] [comments]

Understanding Crypto Mining | And perhaps a way to mitigate its impact on the PC gaming ecosystem

EDIT: Per the moderation staff, I'm adding in to the header what I'm using to make it easier for prospective miners.
  1. Go to https://www.nicehash.com/
  2. Create a login
  3. Download their software and run it (this used to be "????")
  4. Profit
Once you reach 0.002 BTC (about 7-10 days on my GTX 1060 + i7-7700k), you can transfer your earnings to Coinbase for free, and cash out. CB does have fees for conversion to Fiat (cash) and your percentage goes down with higher amounts. So don't cash out just because you can. Cash out when you have enough to buy something.
Also a note on taxes. I'm going to keep this simple.
Hi folks. I just want to thank those of you in advance who trudge through this post. It's going to be long. I will try to have a TLDR at the end, so just scroll down for the bolded text if you want Cliff's Notes.
Disclaimer: I'm a miner, sort of. I casually mine when I sleep/work, using my existing PC. It doesn't make much. I don't buy hardware for mining. But, I still wanted to post this disclaimer in the interest of fairness.
As we all know, cryptocurrency mining has had a devastating impact on the PC gaming ecosystem. The demand for GPUs for mining has lead to scarce availability and sky high prices for relevant hardware. But even hardware that is less desirable for mining relative to their peers (GTX 1050ti, 1080) has been impacted. Why? Because when gamers can't get the 1060 or 1070 that they desire, they gravitate en masse towards something that their finances will allow them to settle for.
But for all that we know about mining, there's still a LOT of myth and misinformation out there. And I blame this on the bigger miners themselves. They have a few tactics they're using to discourage competition. Now, why would they do this? Simply put, the more coins are mined, the harder the algorithms get. That means the same hardware mines a lower rate of cryptocurrency over time. If the mining rates were to get too low before new hardware (Volta/Navi) could be released, it would cause a massive depression in the cryptocurrency market. Most hardware would become unprofitable, and used GPUs would flood the market. Miners want to retain profitability on current hardware until the next generation hardware is out.
So, what tactics are they engaging in? Silence and manipulation. On the former, the bigger miners don't usually participate and contribute to the community (there are exceptions, and they are greatly appreciated). They're sponges, taking whatever the community provides without returning much to the community. On the latter, they post here, in this very sub occasionally. And they continue to push certain types of myth/misinformation to discourage other users from mining.
And why, of all people, would you discourage gamers from mining? It's because of the competition point mentioned above. If a massive number of gamers entered the cryptocurrency mining market, it could trigger a mining apocalypse. There's an estimated 3-4 million current-gen GPUs being used in 24/7 mining operations by dedicated miners. Now, how many current-gen GPUs are used by gamers? I'd bet at least an equal amount. But what about Maxwell and Kepler? Or all those GCN-based GPUs up through Fiji? Bottom line is that when you factor in all available profitable GPUs, gamers drastically outnumber dedicated miners (yes, Kepler and GCN 1.0 are still profitable, barely). And if a large number of those users started casually mining as I am, the following would occur:
  • difficulty would increase, lower output (profitability) for everyone involved
  • Coin creation would initially accelerate, and with no massive change to the market cap, that means per-coin value drops
  • when you factor in slower coin generation for individual miners, coupled with lower coin value, you get...
  • ROI length increase on GPUs, depressing their values, which would lead to lower prices and higher availability
Oh dear, someone just spilled the beans...
So naturally, misinformation needs to be spread. If dedicated miners can keep the uninformed, well, uninformed, they're less likely to join in. And I've seen variations of the following misinformation spread. Here's the common tropes, and my rebuttal.
Mining on your GPU will cause it to die prematurely.
I really wish we had a Blackblaze-equivalent for GPUs used in data centers. NOTHING punishes a GPU like full-time use in a data center. Not mining, not gaming, and not prosumer usage. And these companies pay thousands per GPU. Clearly, they're getting solid ROI for their use.
But let's talk about mining specifically. For my GTX 1060, I limit power to 80% (96W). Fan speed is at a constant 40% (that's in the same ballpark as your blower-style GPU in desktop usage). Temperature is a constant 75°C. That's gentle. Gaming hurts it more (start/stop on the fan, varying temps, quick rise at the start and fall at the end, varying loads, etc.).
And if GPUs did prematurely die from mining? One miner insisted that I'd never see an ROI on my 1060 (which cost me $240) because it would die before I could earn that amount. Yea, GPUs routinely die before hitting their ROI. That's why miners are buying $200 GPUs today for $500, or $400 GPUs today for $900. Because they don't generate enough to cover their MSRP, let alone their current gouged prices. /s
Common sense would dictate that miners are profitable, or they wouldn't mine. Therefore, GPUs are not dying prematurely. So, don't fall for this one. And yes, I've seen those photos of the 20-card Sapphire RMA. Mining data centers have THOUSANDS of cards. Just do an image search for a GPU mining farm. This is well within typical acceptable defect rates.
Power costs are too high for mining to be profitable.
Warning! Danger Will Robinson! Math ahead!
Where I live, electricity ranges from 9.5 cents per kilowatt hour (kw/hr), to 10.1 cents per kw/hr. Let's round to 10 cents. Power measured at the wall from my surge protector, while mining, shows just under 200W. (That's includes my tower, monitor, speakers, a dedicated NAS, a router, and PSU inefficiency). That also includes mining on both CPU and GPU.
At 200W per hour, that's 5 hours to hit 1kw/hr. That's 5kw/hr per 25 hours, so let's call it 5kw/hr per day. That is $0.50 per day total from that outlet (and most of this stuff would be running anyway). That's not even "over my existing costs," that's just out the door.
Bottom line is that electricity is cheap in many areas. The USA national average is currently ~12 cents per kw/hr (RIP Hawaii, at 33 cents). For most of the developed world, power costs are not prohibitive. Don't fall for this. If unsure, check your rates on your bill, and ask someone who can do math if you can't.
Casually mining isn't profitable
There's a big difference between "profit" and "getting rich." I have no expectations of the latter happening from what I'm doing. But "profit" is very much real. It's not power costs that derail profitability. It's all of the hidden fees. Many mining programs take a cut of your output. And then a cut to transfer to a wallet. And then there's a fee to transfer to an exchange. Oh, did you want to then convert to cash? We can...for a fee!
The trick is in finding outlets that allow you to minimize fees. I give up 2% of my output, transfer to my wallet for free, can transfer to an exchange for free, and don't plan to cash out every time I meet the minimum threshold (higher fees!). I instead plan to cash out at extended set intervals to minimize those fees.
NOTE: I am deliberately not listing the provider(s) that I use, because I don't want to be accused of being associated with them and/or driving business to them. I want this post to be about the big picture. But I will answer questions in the comments, provided the moderation staff here has no objections.
Bottom line is that with a mid-range GPU like mine, and without the benefit of CPU mining (it's just not worth it without a modern Core i7, or Ryzen 5/7), my GPU alone could make me ~$60-$75/mo in profit at current rates. Think of how many months/years you go between upgrades. Now, do the math. Needless to say, I'm now regretting not going bigger up front :)
It's too complicated for a casual miner, so don't bother
The old "go big or go home" saying, and it sort of piggy backs off the last one. And there is some truth in this. If you're going to be a big-time miner, you need mining programs (often dedicated to each algorithm and/or currency), multiple wallets, access to multiple exchanges, etc. It's daunting.
But for the casual, you don't need that. There are multiple providers who offer you a one-stop-shop. I have one login right now. That login gives me my mining software, which switches between multiple algorithms/coins, gives me a wallet, and lets me transfer to an outside wallet/exchange. My second login will be the exchange (something that lets me convert my currency to local cash) when my balance justifies it. Given the recent Robin Hood announcement, I'm biding my time to see what happens. This space is getting competitive (lower fees).
Bottom line, it's easier now than it ever was before. As I told someone else, "Once I finally started, I wanted to kick my own ass for waiting so long."
New GPUs are expensive, but if you just wait, there will be a buttload of cheap, used GPUs for you!
Miners learned from the last crash. There were two types of miners in that crash: those who sold their GPUs at a loss, and those who kept mining and made out like bandits on the upswing. Turns out, cryptocurrency really does mimic the stock market (for now).
We're going to look at Bitcoin (BTC) to explain this. No, miners don't mine BTC. But, BTC is commonly what most coins are exchanged for (it makes up roughly one third of the entire cryptocurrency market). And it's the easiest currency to convert to cash. So, when BTC rises or falls in price, the rest of the market goes with it. That includes all of the coins that GPU miners are actually mining.
In January 2017, when the current mining push started, BTC was worth roughly $900 per coin. It's now worth roughly (as of this post) $12,000 per coin, down from a December high of over $20,000 per coin. So yea, the market "crashed." It's also more than 12x the value it was a year ago, when miners dove in. You think they're going to bail at 12x the value? Son, I've got news for you. This market needs to truly crash and burn for them to bail (and that's where you come in!).
So, there's not going to be a flood of used GPUs from a sudden market crash. Again, they've learned from that mistake. Used GPUs will enter the market when they are no longer profitable for mining, and not before. Dedicated miners have lots of room for expansion. When Volta comes out, they're not selling their Pascal GPUs. They're building new Volta mining rigs alongside the Pascal ones, making money off each of them.
Conclusion/TLDR:
  • Mining is subject to diminishing returns. It gets harder over time on the same hardware.
  • PC gamers joining the market en masse could trigger an apocalypse in terms of difficulty
  • Due to this, it benefits pro miners to spread misinformation to discourage gamers from entering the mining game
  • Casually mining on your existing system is safe, easy, could help you pay for your next upgrade(s), and could also hurt the mining market in general (better availability/pricing on GPUs)
  • No, there's no flood of used Pascal/Polaris/Vega GPUs around the corner, as those are HIGHLY profitable even in a depressed market
Second Conclusion - Why do I (jaykresge) personally care?
Simply put, I'm disgusted by this. I was excited about flipping a few friends from consoles to PC gaming. I'm now seeing a reverse trend. One friend is gaming on an RX 560 waiting for prices to hit sanity. He's running out of patience. Others have bailed.
I view our dormant GPUs as the best weapon against cryptocurrency mining. Destroy it from the inside. It's win-win for most of us. Either we earn enough for more upgrades, or we depress pricing. Something's got to give.
In other words, y'all f*ckers better start mining, because I want Volta to be reasonably priced when it launches so I can get an EVGA x80 Hybrid to go with a G-Sync monitor. And if this doesn't happen, I'm going to be cranky!
Seriously though, thanks for reading. Bear with me as I go over this a few more times for typing/grammar. And I look forward to your comments.
submitted by jaykresge to hardware [link] [comments]

Understanding Crypto Mining | And perhaps a way to mitigate its impact on the PC gaming ecosystem

This is a crosspost from /hardware, but I will be editing this independently based on community feedback and guidelines. Prior to posting here, I reached out to your local mod staff to ensure that I wasn't stepping on any toes, given the nature of its content. I hope you find this useful.
Hi folks. I just want to thank those of you in advance who trudge through this post. It's going to be long. I will try to have a TLDR at the end, so just scroll down for the bolded text if you want Cliff's Notes.
Disclaimer: I'm a miner, sort of. I casually mine when I sleep/work, using my existing PC. It doesn't make much. I don't buy hardware for mining. But, I still wanted to post this disclaimer in the interest of fairness.
As we all know, cryptocurrency mining has had a devastating impact on the PC gaming ecosystem. The demand for GPUs for mining has lead to scarce availability and sky high prices for relevant hardware. But even hardware that is less desirable for mining relative to their peers (GTX 1050ti, 1080) has been impacted. Why? Because when gamers can't get the 1060 or 1070 that they desire, they gravitate en masse towards something that their finances will allow them to settle for.
But for all that we know about mining, there's still a LOT of myth and misinformation out there. And I blame this on the bigger miners themselves. They have a few tactics they're using to discourage competition. Now, why would they do this? Simply put, the more coins are mined, the harder the algorithms get. That means the same hardware mines a lower rate of cryptocurrency over time. If the mining rates were to get too low before new hardware (Volta/Navi) could be released, it would cause a massive depression in the cryptocurrency market. Most hardware would become unprofitable, and used GPUs would flood the market. Miners want to retain profitability on current hardware until the next generation hardware is out.
So, what tactics are they engaging in? Silence and manipulation. On the former, the bigger miners don't usually participate and contribute to the community (there are exceptions, and they are greatly appreciated). They're sponges, taking whatever the community provides without returning much to the community. On the latter, they post here, in this very sub occasionally. And they continue to push certain types of myth/misinformation to discourage other users from mining.
And why, of all people, would you discourage gamers from mining? It's because of the competition point mentioned above. If a massive number of gamers entered the cryptocurrency mining market, it could trigger a mining apocalypse. There's an estimated 3-4 million current-gen GPUs being used in 24/7 mining operations by dedicated miners. Now, how many current-gen GPUs are used by gamers? I'd bet at least an equal amount. But what about Maxwell and Kepler? Or all those GCN-based GPUs up through Fiji? Bottom line is that when you factor in all available profitable GPUs, gamers drastically outnumber dedicated miners (yes, Kepler and GCN 1.0 are still profitable, barely). And if a large number of those users started casually mining as I am, the following would occur:
  • difficulty would increase, lower output (profitability) for everyone involved
  • Coin creation would initially accelerate, and with no massive change to the market cap, that means per-coin value drops
  • when you factor in slower coin generation for individual miners, coupled with lower coin value, you get...
  • ROI length increase on GPUs, depressing their values, which would lead to lower prices and higher availability
Oh dear, someone just spilled the beans...
So naturally, misinformation needs to be spread. If dedicated miners can keep the uninformed, well, uninformed, they're less likely to join in. And I've seen variations of the following misinformation spread. Here's the common tropes, and my rebuttal.
Mining on your GPU will cause it to die prematurely.
I really wish we had a Blackblaze-equivalent for GPUs used in data centers. NOTHING punishes a GPU like full-time use in a data center. Not mining, not gaming, and not prosumer usage. And these companies pay thousands per GPU. Clearly, they're getting solid ROI for their use.
But let's talk about mining specifically. For my GTX 1060, I limit power to 80% (96W). Fan speed is at a constant 40% (that's in the same ballpark as your blower-style GPU in desktop usage). Temperature is a constant 75°C. That's gentle. Gaming hurts it more (start/stop on the fan, varying temps, quick rise at the start and fall at the end, varying loads, etc.).
And if GPUs did prematurely die from mining? One miner insisted that I'd never see an ROI on my 1060 (which cost me $240) because it would die before I could earn that amount. Yea, GPUs routinely die before hitting their ROI. That's why miners are buying $200 GPUs today for $500, or $400 GPUs today for $900. Because they don't generate enough to cover their MSRP, let alone their current gouged prices. /s
Common sense would dictate that miners are profitable, or they wouldn't mine. Therefore, GPUs are not dying prematurely. So, don't fall for this one. And yes, I've seen those photos of the 20-card Sapphire RMA. Mining data centers have THOUSANDS of cards. Just do an image search for a GPU mining farm. This is well within typical acceptable defect rates.
Power costs are too high for mining to be profitable.
Warning! Danger Will Robinson! Math ahead!
Where I live, electricity ranges from 9.5 cents per kilowatt hour (kw/hr), to 10.1 cents per kw/hr. Let's round to 10 cents. Power measured at the wall from my surge protector, while mining, shows just under 200W. (That's includes my tower, monitor, speakers, a dedicated NAS, a router, and PSU inefficiency). That also includes mining on both CPU and GPU.
At 200W per hour, that's 5 hours to hit 1kw/hr. That's 5kw/hr per 25 hours, so let's call it 5kw/hr per day. That is $0.50 per day total from that outlet (and most of this stuff would be running anyway). That's not even "over my existing costs," that's just out the door.
Bottom line is that electricity is cheap in many areas. The USA national average is currently ~12 cents per kw/hr (RIP Hawaii, at 33 cents). For most of the developed world, power costs are not prohibitive. Don't fall for this. If unsure, check your rates on your bill, and ask someone who can do math if you can't.
Casually mining isn't profitable
There's a big difference between "profit" and "getting rich." I have no expectations of the latter happening from what I'm doing. But "profit" is very much real. It's not power costs that derail profitability. It's all of the hidden fees. Many mining programs take a cut of your output. And then a cut to transfer to a wallet. And then there's a fee to transfer to an exchange. Oh, did you want to then convert to cash? We can...for a fee!
The trick is in finding outlets that allow you to minimize fees. I give up 2% of my output, transfer to my wallet for free, can transfer to an exchange for free, and don't plan to cash out every time I meet the minimum threshold (higher fees!). I instead plan to cash out at extended set intervals to minimize those fees.
NOTE: I am deliberately not listing the provider(s) that I use, because I don't want to be accused of being associated with them and/or driving business to them. I want this post to be about the big picture. But I will answer questions in the comments, provided the moderation staff here has no objections.
Bottom line is that with a mid-range GPU like mine, and without the benefit of CPU mining (it's just not worth it without a modern Core i7, or Ryzen 5/7), my GPU alone could make me ~$60-$75/mo in profit at current rates. Think of how many months/years you go between upgrades. Now, do the math. Needless to say, I'm now regretting not going bigger up front :)
It's too complicated for a casual miner, so don't bother
The old "go big or go home" saying, and it sort of piggy backs off the last one. And there is some truth in this. If you're going to be a big-time miner, you need mining programs (often dedicated to each algorithm and/or currency), multiple wallets, access to multiple exchanges, etc. It's daunting.
But for the casual, you don't need that. There are multiple providers who offer you a one-stop-shop. I have one login right now. That login gives me my mining software, which switches between multiple algorithms/coins, gives me a wallet, and lets me transfer to an outside wallet/exchange. My second login will be the exchange (something that lets me convert my currency to local cash) when my balance justifies it. Given the recent Robin Hood announcement, I'm biding my time to see what happens. This space is getting competitive (lower fees).
Bottom line, it's easier now than it ever was before. As I told someone else, "Once I finally started, I wanted to kick my own ass for waiting so long."
New GPUs are expensive, but if you just wait, there will be a buttload of cheap, used GPUs for you!
Miners learned from the last crash. There were two types of miners in that crash: those who sold their GPUs at a loss, and those who kept mining and made out like bandits on the upswing. Turns out, cryptocurrency really does mimic the stock market (for now).
We're going to look at Bitcoin (BTC) to explain this. No, miners don't mine BTC. But, BTC is commonly what most coins are exchanged for (it makes up roughly one third of the entire cryptocurrency market). And it's the easiest currency to convert to cash. So, when BTC rises or falls in price, the rest of the market goes with it. That includes all of the coins that GPU miners are actually mining.
In January 2017, when the current mining push started, BTC was worth roughly $900 per coin. It's now worth roughly (as of this post) $12,000 per coin, down from a December high of over $20,000 per coin. So yea, the market "crashed." It's also more than 12x the value it was a year ago, when miners dove in. You think they're going to bail at 12x the value? Son, I've got news for you. This market needs to truly crash and burn for them to bail (and that's where you come in!).
So, there's not going to be a flood of used GPUs from a sudden market crash. Again, they've learned from that mistake. Used GPUs will enter the market when they are no longer profitable for mining, and not before. Dedicated miners have lots of room for expansion. When Volta comes out, they're not selling their Pascal GPUs. They're building new Volta mining rigs alongside the Pascal ones, making money off each of them.
Conclusion/TLDR:
  • Mining is subject to diminishing returns. It gets harder over time on the same hardware.
  • PC gamers joining the market en masse could trigger an apocalypse in terms of difficulty
  • Due to this, it benefits pro miners to spread misinformation to discourage gamers from entering the mining game
  • Casually mining on your existing system is safe, easy, could help you pay for your next upgrade(s), and could also hurt the mining market in general (better availability/pricing on GPUs)
  • No, there's no flood of used Pascal/Polaris/Vega GPUs around the corner, as those are HIGHLY profitable even in a depressed market
Second Conclusion - Why do I (jaykresge) personally care?
Simply put, I'm disgusted by this. I was excited about flipping a few friends from consoles to PC gaming. I'm now seeing a reverse trend. One friend is gaming on an RX 560 waiting for prices to hit sanity. He's running out of patience. Others have bailed.
I view our dormant GPUs as the best weapon against cryptocurrency mining. Destroy it from the inside. It's win-win for most of us. Either we earn enough for more upgrades, or we depress pricing. Something's got to give.
In other words, y'all f*ckers better start mining, because I want Volta to be reasonably priced when it launches so I can get an EVGA x80 Hybrid to go with a G-Sync monitor. And if this doesn't happen, I'm going to be cranky!
Seriously though, thanks for reading.
submitted by jaykresge to pcgaming [link] [comments]

Musings on the future of XMR

My thoughts and observations on XMR:
I have been following cryptocurrencies since 2010; however I did not have the requisite computer literacy at the time to effectively understand and use them. Several years ago, I bought a small amount of Bitcoin, but did not truly pusue it. Recently, I resolved to become sufficiently computer savvy. After months of self-study, I decided to test my skills with a desktop home build, to feed my gaming addiction. A friend of mine suggested I should mine Monero while the rig was idle. I had only heard of Monero as 1 of 1000 altcoins. I was intrigued by XMR's CPU minability, something I thought no longer existed in the cryptosphere. I've been mining ever since. (My rig sports an i7-6700K CPU and dual GTX 1070's.) I started mining in December of last year. I'm a hobbyist miner, nothing more, but I can say that mining has had a psychological effect on me. I follow the story of Monero with an excitement that my Bitcoin purchase never brought me. Perhaps this is because mining is an ongoing process instead of a single accumulation event. Here is a summary of what drew me to Monero, what it has already accomplished, where I think it needs to go, and what I think some of its most special features are. As a zealous convert from Bitcoin, I can't help but think of BTC as a foil for XMR.
First and foremost, I was drawn to Monero due to it's ability to be feasibly mined on both CPUs and GPUs. I like the idea of being able to put idled pieces of technology to work; old phones and computers could be utilized to mine. ASICs are expensive, closely tied to the price of the coin they mine, and provide no other utility to my life. CPUs and GPUs are a less risky investment, because they have utility and value independent of crypto mining. When I joined the Monero revolution, hardware wallets were not available yet; this means there was also an opportunity to use truly ancient tech as an air gapped wallet, allowing me to even utilize machines that were uneconomic to mine with. I have always been a sort of scrap-oriented hacker, and I take pride in mining on computers and phones that I have assembled, upgraded, or refurbished myself. This is an experience that cannot be replicated by plugging in an ASIC; one of the biggest things that drew me to Monero was the dev team's commitment to mining on consumer technology. My faith in the project was affirmed by the recent PoW change.
The second major factor that drew me to Monero related to the (in my opinion) greater utility of the address format and mnemonic seed, as compared to Bitcoin. I've always felt that BTC's mnemonic seeds and HD wallets were sort of grafted on to the underlying protocol. As an example, not all HD wallet seeds are compatible; you need to be running a program (such as Electrum) that works with that seed. In Monero, the mnemonic seed was considered from the beginning, and integrated into the core client. We can carry our XMR seeds across platform without worry. If memory serves correctly, GUI seeds can be used in Monerujo and MyMonero. I've been told they work with Cakewallet as well. This a great convenience I think we often overlook.
I feel like my next point is somewhat related to the above point; we do not have to hassle with xpubs. Using xpubs means you need to give out a new address every transaction, or deal with the consequences of address reuse. Monero's automatic stealth address integration not only addresses some of these drawbacks, but it also offers the convenience of only having to copy a QR code once. Your XMR address never changes, so it's a lot more convenient to have something like a donation address or pre-printed QR codes, for example.
Another feature of XMR that I think sets it apart is it's tail emission; surprisingly few coins have it. Not only does a tail emission incentivizes mining indefinitely, it also replenishes the coin supply. Coins will inevitably be lost over time as people die or lose their seeds; in the long term this could result in volitility due to a lack of liquidity, which is detrimental to the whole crytpo ecosystem. I think Monero's conservative tail emission is forward thinking in that respect. Enough coins will be replaced to ensure ongoing mining as well as general liquidity.
Thus far, I haven't even mentioned the privacy aspects. Ring Signatures, Ring CT, and Stealth Addresses all work together to give Monero users a great degree of privacy. These are great features that would have drawn me to hold the coin, even if they didn't pique my interest to mine it.
There can still be improvements on this front, and in fact there have been and there will continue to be. Minimum Mixins have been increasing, improving plausible deniability. Subaddresses give Monero users the ability to utilize multiple receive addresses, gaining some of the advantages of BTC's xpubs. Bulletproofs are coming, increasing the efficiency of Monero's cryptography. Kovri is coming, not just for the official GUI wallet but hopefully also for mining pools as well.
There have been other recent innovations as well such as multi-signature transactions which allow Monero to take advantage of escrow abilities. The ecosystem around the blockchain has grown as well, notably in the realm of hardware wallets. The use of Monero will likely soar as a result of these new augmentations.
Here are some of the developments I have witnessed in my short time as a part of this community:
(1) Multi-signature Support
(2) Subaddress Generation
(3) Hardware Wallet Support
(4) Anti-ASIC PoW Change
(5) Mixin Size Increase
Here's what I am looking forward to as catalysts:
(1) Kovri integration
(2) Mobile hardware wallet support via Monerujo
(3) Monero as a Debian package integrated into Tails OS
(4) Bulletproof transaction size reduction
Continuing PoW forks to combat ASICs
(5) XMR adoption as base currency on Bisq
These factors are what galvanize my belief that Monero will only increase in utility over time. XMR has lost over half it's value since I started mining, and I can't but help to see it as an opportunity. XMR is only getting steadily better than Bitcoin; parity may be closer than we think.
There is only one major roadblock to adoption, in my mind, and I believe it is an inevitable consequence of our encrypted blockchain. Frankly, making a view-only wallet is a cumbersome pain. The private view key only lets you see incoming transactions, so you need to import the signed key images from another machine. This is a much more painstaking process than simply exporting a Bitcoin xpub. Thankfully, hardware wallets can be a solution to this problem, as a means of providing access to private keys and key images. Technical difficulties are quickly melting away, priming to release Monero's revolutionary potential. Monero is my dream coin, embodying what I feel are all the central tenants of the original cypherpunk cryptocurrency movement.
What else are you looking forward to in the future of Monero? Does anyone else share my sense of giddyness for the future?
submitted by spirtdica to Monero [link] [comments]

Honeyminer Uninstall? Mac OS

Can't seem to eject Honeyminer thus preventing me from uninstalling it.

I'm running on Mac OS. Anyone else run into this issue?
(pretty sure it's bogging down my laptop when not in use, although I did check my CPU and nothing out of the ordinary. Maybe something I should be looking out for but I am missing?)

Also, I should probably just look into a rig as mining on a laptop is kinda pointless.
________________________________________________________________________________________________________________
My specs incase they are of any help!

MacBook Pro (Retina, 15-inch, Mid 2015)
-Processor: 2.8 GHz Intel Core i7
-Memory: 16 GB 1600 MHz DDR3
-Storage: 500GB Solid State
-Graphics: Intel Iris Pro 1536 MB


Thank you to anyone who contributes.
I've been using bitcoin since 2014 but never had intentions of HODL nevermind mine it myself.

P.S. Ohh the sweet days 1BTC was 415 USD and I was astonished how much it was worth as a highschool student. Imagine if we never spent those precious coins :'(
submitted by OilGod710 to gpumining [link] [comments]

Cryptocurrency Mining History : Journey to PoC

Cryptocurrency just like any other technological development has given birth to many side industries and trends like ICO, white paper writing, and mining etc… just the cryptocurrency itself rises, falls and changes to adapt real life conditions, so does its side industries and trends. Today we are going to be focusing on mining. How it has risen, fell and adapted through the journey of cryptocurrency till date.
Without going into details crypto mining is the process by which new blocks are validated and added to the blockchain. It first took to main stream in January 2009 when the mysterious Satoshi Nakamoto launched the bitcoin white paper within which he/she/they proposed the first mining consensus mechanism called proof of work (Pow).
The PoW consensus mechanism required that one should spend a certain amount of computational power to solve a cryptographic problem (nounce) in other to have the have the right to pack/verify the next block on the blockchain. In this mechanism, the more computational power one possesses the more rights they have over the packing of the next block. The quest for faster hardware has seen significant changes in the types of hard ware dominating the PoW mining community.
Back in 2009 when bitcoin first started a normal pc and its processing power worked just fine. In fact a pc with an i7 Intel processor could mine up to 50btc per day but back then it almost nothing since btc was only some few cents. When the difficulty of the network became significantly high, simple computer processing units could not match the competitiveness and so miners settled for something more powerful, the high end graphic processors (GPU). This is when the era of rigs began It was in 2010. People would combine GPUs together in mining rigs on a mother board usually in order of 6 per rig some miners operated farms containing many of these rigs. Of course with greater power came greater network difficulty and so the search for faster hard ware let to implementation of Field Programmable Gate Arrays (FPGA) in June 2012. A further search for faster, less consuming and cheaper hard ware let us to where we are today. In the year 2013, Application Specific Integrated Circuits (ASIC) miners were introduced. One ASIC miner processes 1500H/s which is 100 times processing power of CPU and GPU. But all this speed and efficiency achievements brought about another problem one which touches the core of cryptocurrency itself. The idea of decentralization was gradually fading away as wealthy and big companies are the once who could afford and build the miners therefore centralizing mining around the rich, there was a called for ASIC resistant consensus mechanism.
A movement for ASIC resistant PoW algorithms began the idea is to make ASIC mining impossible or at least make it such that using ASIC doesn’t give a miner any additional advantage as to using CPU . In 2013 the MONERO the famous privacy coin proposed CryptoNight an ASIC resistant PoW consensus at least that is how they intended it to be. But things have proven much more difficult in practice than they had anticipated as ASIC producers keep matching up to every barrier put in place the PoW designers at a rate faster than it takes to build these barriers. MONERO for example has to fork every now and then in other to keep the CryptoNight ASIC resistant a trick which is still not working as reported by their CEO “We [also] saw that this was very unsustainable. … It takes a lot to keep [hard forking] again and again for one. For two, it may decentralize mining but it centralizes in another area. It centralizes on the developers because now there’s a lot of trust in developers to keep hard forking.” Another PoW ASIC resistance algorithm is the RamdonX and there are many others but could quickly imagine that the barriers to ASIC mining in these ASIC resistance algorithm would eventually be broken by the ASIC miners and so a total shift from PoW mining to other consensus mechanisms which are ASIC resistance from core were proposed some of which are in use today.
Entered the Proof of Stake (PoS) consensus mechanism. PoS was first introduced in 2013 by the PeerCoin team. Here, a validator’s right to mine is proportionate to his/heit economic value in the network simple put the more amounts of coins you have the more mining rights you get. Apart from PeerCoin, NEO and LISK also use POS and soon to follow is EThereum. There are different variations to PoS including but not limited to delegated proof of stake DPoS, masternode proof of stake MPoS each of which seek to improve on something in the POS. This is a very good ASIC resistance consensus mechanism but it still doesn’t solves the centralization problem as the rich always have the power to more coins and have more mining rights plus it is also expensive to start. And then we have gotten many other proposals to combat this among which are Proof of Weight (PoW) and Proof of Capacity (PoC). We take more interest in PoC it is the latest and gives the best solution to all our mining challenges consensus as of now.
Proof of Capacity was first was described 2013 in the Proofs of Space paper by Dziembowski, Faust, Kolmogorov and Pietrzak and it is now being used in Burst. The main factor that separates all the mining mechanisms is the resource used. These resources which miners spend in other to have mining rights is a measure of ensuring that one has expense a none-trivial amount of effort in making a statement. The resource being spent in PoC is disk space. This is less expensive since many people already have some unused space lying around and space is a cheap resource in the field of tech. it has no discrimination over topography… it really solves lots of centralized problems present in all most other consensus. If the future is now then one could say the future of crypto mining is PoC.
submitted by seekchain to u/seekchain [link] [comments]

Thinkpad P50: What an engineering marvel

Software engineer and blockchain enthusiast here. I just picked up a second-hand Thinkpad P50. Mid-range spec:
i7-6700HQ, 512GB SSD, 1080p screen. Sweet 40Gb of RAM though.
I traded in a new Dell Precision 3520 (i7-7820HQ, crazy other specs) for it.
I have seen one or two complaints around here of P50 / P51 noisy fans etc. I have to think those were caused by crappy Windows drivers / software, or bad heatsink seating / paste.
My God, this thing is incredible. I am running three crypto blockchains on it (Ethereum, Monero, Bitcoin) in the background, while compiling and running software for my day job - which basically maxes out most of the CPU cores most of the time.
After hours and hours of this, I can barely hear the faintest whisper of fan noise. Case is absolutely cool.
This thing is engineered for hard, sustained workloads without breaking a sweat. This is in complete opposition to something like the Dell Precision 3520, which is a low-end case with a silly, noisy, inadequate fan stuffed with high-end hardware.
The keyboard is the Steinway piano of laptop keyboards. It's just sublime, perfect for touch-typists.
I am overwhelmed, and can't recommend this machine enough if you're doing hard-core work that requires sustained, intensive computation.
I'm running Arch Linux + Awesome WM. Everything works perfectly.
Thank you, Lenovo, for designing and building an engineering marvel like this portable supercomputer that is the Thinkpad P50.
NOTE: I am not mining crypto on the machine, merely running the blockchains. Still, running a single one of these blockchains on the Precision 3520 had the little machine's fan spinning its heart out like a loud hair dryer all day, despite actually containing more powerful hardware than the P50.
submitted by dawidloubser to thinkpad [link] [comments]

Impact of CPU cores on nicehash mining. Very Fast Bitcoin Miner using Laptop Processor CPU i5 i7 ... Bitcoin mining 2018 use Geforce gtx 780ti & CPU Intel i7 how to mine for bitcoin core Mining on intel nuc mini pc / Mining on core i7 processor 5557u

Equihash [ (ZEC – ZEN – ZCL) & (BTG) & (KMD) & (HUSH) ] Mining Hashrate : 31.5 kH/s Power Consumption : 100 Watts/Per Hour. Tagged as: bitcoin energy consumption bitcoin to cash calculator CPU Mining Hashrate cryptonight gpu hodl bitcoin Intel Core i7-7700K Processor Hashrate LYRA2RE Mining Hashrate z cash miner Bitcoin Mining on a laptop in most cases will be unprofitable even with the help of an algorithm switching mining software like Nicehash unless you have free electricity. Even then it might bring you a few extra dollars a month and yes at times when the markets are going crazy like last year in 2017, you can see higher profits. MicroBitcoin CPU mining profitability calculator. On this site you can find out the income from mining on different processors and algorithms. Mining calculator yespower, yespowerr16, cpupower and yescrypt. Intel CPU i5, Xeon and new CPU AMD Ryzen. Intel® Core™ i7-7820X / 16 / 3.60 GHz: 3.38 kh/s: $7.41: Intel® Core™ i9-9900KF / 16 / 3.60 GHz: 3.22 kh/s: $7.04: AMD Ryzen 5 2600X Six-Core Processor / 12 / 4.05 GHz: 3.18 kh/s: $6.95: Intel® Core™ i7-8700K / 12 / 3.70 GHz: 2.91 kh/s: $6.38: Intel® Xeon® E5-2620 v4 / 32 / 2.10 GHz: 2.91 kh/s: $6.36: Intel® Core™ i7-8086K / 12 ... CPU mining profitability calculator. On this site you can find out the income from mining on different processors and algorithms. Mining calculator yespower, yespowerr16, cpupower and yescrypt. Intel CPU i5, Xeon and new CPU AMD Ryzen.

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Impact of CPU cores on nicehash mining.

*****UPDATE***** Solo mining has been removed from client. I'll keep the video up for how it used to work, it might still work for some alt coins (unsure) yo... Mining Bitcoin On Intel Core i7-3770 @ 3.40Ghz CPU Mining Nicehash Betterhash & Minergate ⛏⛏⛏ - Duration: 2:08. Crypto Computer-Man 2,196 views. 2:08. With one button your can start mining bitcoins! Easy bitcoin address setup. Every 4-5 days you can withdraw your mined bitcoins. No fees! Get massive hashing... Mining Bitcoin On Intel Core i7-3770 @ 3.40Ghz CPU Mining Nicehash Betterhash & Minergate ⛏⛏⛏ - Duration: 2:08. Crypto Computer-Man 2,047 views. 2:08. CAN YOU MAKE MONEY? The test processor while digging for cryptotab on linux system. 80 H/s Join to https://getcryptotab.com/284871

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