Same...
Official BGOL Crypto Currency Thread ★★★★★
- Thread starter Matt Beesy
- Start date
If this trend continues, then these downward spirals shouldn't be a big deal in grand scheme of things.
Hodl until December and cash out some gains.
Hodl until December and cash out some gains.
basically
I'll keep grinding...
so many ways to get it off this shit
Damn tell us more. How much you paid setting this rig up, cost to operate, what are you mining, how many months to get ROI.
I'll keep grinding...
Rise and funfair both being delisted on bittrex
Damn, just bought some fun on Binance a couple of weeks ago.
I'll keep grinding...
Nice!@!!! I was watching some home mining stuff on youtube. it warms my geek heart up to see stuff like this. plus you making dough too.
Running (7) 1060 GTX GPU's with simpleminer setup on SMOS (Linux), mining Zcash. ROI 4-6mos depending on the market. I lucked up on the cards, most were around $300 but GPU prices have skyrocketed so this is it for me for a while. You can do a search on prices to see what's up...
This was current when I posted
Some info here:
https://seekingalpha.com/article/4142656-will-become-bitcoin-mining
https://whattomine.com/coins
https://www.cryptocompare.com/mining/#/pools
https://www.cryptocompare.com/mining/guides/how-to-mine-storj/
https://www.nicehash.com/sell
https://www.nicehash.com/profitability-calculator
https://seekingalpha.com/article/4142656-will-become-bitcoin-mining
https://whattomine.com/coins
https://www.cryptocompare.com/mining/#/pools
https://www.cryptocompare.com/mining/guides/how-to-mine-storj/
https://www.nicehash.com/sell
https://www.nicehash.com/profitability-calculator
dope and thanks for the info. was thinking about investing in an asic rig but it seem there is only a small window of time to get ROI. was considering letting it run in someone dorm room to avoid the spike in power billRunning (7) 1060 GTX GPU's with simpleminer setup on SMOS (Linux), mining Zcash. ROI 4-6mos depending on the market. I lucked up on the cards, most were around $300 but GPU prices have skyrocketed so this is it for me for a while. You can do a search on prices to see what's up...
This was current when I posted
i need to scoop up some ICX, VEN and DRGN. I'm over my weekly limit
Why does it say page not found when I click on this?
I'm trying to share it with someone
They're not? I thought they were the same!
Fuck. So which is for exchange on Binance?
What's "FUD"?
I'm using Exodus.
i tried to post the link, but it keeps posting the whole page.
FUD - Fear Uncertainty and Doubt - its playing on the emotions of people.
Why not?
It's what they have been doing for years... using our money to make them a return.
What better to run up debt buying than crypto?
A car? Depreciated
Vacation? Not an investment
A boat? Money pit on water
A house? Slow, long ball, and has other factors
I'm just saying..... fuck em and their credit system
What kind of vehicles?
Spill beans on this! What are we looking at and how you got it set up?
I'll keep grinding...
Investment in $?
Upkeep?
Profits?
damn we think exactly the same
My boy schooled me on it and helped getting me up and running. It's not rocket science but you want to be familiar with the tech. FYI, $3100 for my rig(started with 4 GPUs and upgraded to 7 now) ROI will take 6-8mos based on the current crypto valuations. FWIW, when BTC was peaking in Nov-Dec, ROI would have been in 3-4mos. I provided links on calculating the profitability in a couple posts back. Don't go into this thinking you can quit your day job, I'm figuring in the next 3-4yrs of crypto gains. Currently, it's not a good time to buy GPU's but I think that the pricing will come back down. Hope that helps..
This is a good start on the tech
http://voskcoin.com/build-zencash-gpu-mining-rig/
http://voskcoin.com/build-zencash-gpu-mining-rig/
Can I mine with an old PC with this motherboard?
ASUS P5KPL-VM motherboard specifications
Form factor: micro-ATX
9.6" x 8" / 24.5 cm x 20.3 cm
CPU socket type: Socket 775
Front Side Bus: 1066 MHz
1333 MHz
800 MHz
Chipset: Intel G31 Express
Intel ICH7
Motherboard features: CrashFree BIOS 3
EZ Flash 2
MyLogo 2
Q-Fan
Memory: Dual-channel
Audio: 6-channel HD audio
Realtek ALC662 Audio codec
LAN: Gigabit x 1
BIOS: AMI BIOS
8 MB Flash
Expansion slots: PCI x 2
PCIe x1 x 1
PCIe x16 x 1
Internal connectors: CD/AUX audio in x 1
CPU Fan x 1
Chassis Fan x 1
Chassis Intrusion x 1
Front panel audio x 1
Power Fan x 1
S/PDIF Out x 1
System Panel x 1
Rear panel ports: 6-channel Audio
LAN RJ45 x 1
PS/2 Keyboard x 1
PS/2 Mouse x 1
Parallel port x 1
Serial port x 1
USB 2.0/1.1 x 4
VGA x 1
ASUS P5KPL-VM motherboard specifications
Form factor: micro-ATX
9.6" x 8" / 24.5 cm x 20.3 cm
CPU socket type: Socket 775
Front Side Bus: 1066 MHz
1333 MHz
800 MHz
Chipset: Intel G31 Express
Intel ICH7
Motherboard features: CrashFree BIOS 3
EZ Flash 2
MyLogo 2
Q-Fan
Memory: Dual-channel
Audio: 6-channel HD audio
Realtek ALC662 Audio codec
LAN: Gigabit x 1
BIOS: AMI BIOS
8 MB Flash
Expansion slots: PCI x 2
PCIe x1 x 1
PCIe x16 x 1
Internal connectors: CD/AUX audio in x 1
CPU Fan x 1
Chassis Fan x 1
Chassis Intrusion x 1
Front panel audio x 1
Power Fan x 1
S/PDIF Out x 1
System Panel x 1
Rear panel ports: 6-channel Audio
LAN RJ45 x 1
PS/2 Keyboard x 1
PS/2 Mouse x 1
Parallel port x 1
Serial port x 1
USB 2.0/1.1 x 4
VGA x 1
Is this a projection? So you will make $401.98 in a month?This was current when I posted
From everything I've read, the only thing that really matters is your video card. You have to have one that is fairly powerful in order to make the mining process worth it. If not, you will be mining so little that it will cost you more in ur energy bill than it will in actual crypto you mine and recieve.
@Mrfreddygoodbud
We talked about this for awhile now. Check this shit out. Shit is really going down man. No fucking capital gains tax once there. Fucking ZERO.
Making a Crypto Utopia in Puerto Rico
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
Dozens of entrepreneurs,made newly wealthy byblockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.
And these men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.
For more than a year, the entrepreneurs had been searching for the best location. AfterHurricane Maria decimated Puerto Rico’s infrastructurein September andthe price of cryptocurrencies began to soar, they saw an opportunity and felt a sense of urgency.
So this crypto community flocked here to create its paradise. Now the investors are spending their days hunting for property where they could have their own airports and docks. They are taking over hotels and a museum in the capital’s historic section, called Old San Juan. They say they are close to getting the local government to allow them to have the first cryptocurrency bank.
“What’s happened here is a perfect storm,” saidHalsey Minor, the founder of the news site CNET, who is moving his new blockchain company — called Videocoin — from the Cayman Islands to Puerto Rico this winter. Referring to Hurricane Maria and the investment interest that has followed, he added, “While it was really bad for the people of Puerto Rico, in the long term it’s a godsend if people look past that.”
Continue reading the main storyPuerto Crypto, in March.
The territory’s go-to blockchain tax lawyer is Giovanni Mendez, 30(WE MIGHT NEED TO REMEMBER THIS NAME). He expected the tax expatriates to disappear after Hurricane Maria, but the population has instead boomed.
“It’s increased monumentally,” said Mr. Mendez, who has about two dozen crypto clients. “And they all came together.”
The movement is alarming an earlier generation of Puerto Rico tax expats like the hedge fund manager Robb Rill, who runs a social group for those taking advantage of the tax incentives.
“They call me up saying they’re going to buy 250,000 acres so they can incorporate their own city, literally start a city in Puerto Rico to have their own crypto world,” said Mr. Rill, who moved to the island in 2013. “I can’t engage in that.”
The newcomers are still debating the exact shape that Puertopia should take. Some think they need to make a city; others think it’s enough to move into Old San Juan. Puertopians said, however, that they hoped to move very fast.
“You’ve never seen an industry catalyze a place like you’re going to see here,” Mr. Minor said.
We talked about this for awhile now. Check this shit out. Shit is really going down man. No fucking capital gains tax once there. Fucking ZERO.
Making a Crypto Utopia in Puerto Rico
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
SAN JUAN, P.R. — They call what they are building Puertopia. But then someone told them, apparently in all seriousness, that it translates to “eternal boy playground” in Latin. So they are changing the name: They will call it Sol.
Dozens of entrepreneurs,made newly wealthy byblockchain and cryptocurrencies, are heading en masse to Puerto Rico this winter. They are selling their homes and cars in California and establishing residency on the Caribbean island in hopes of avoiding what they see as onerous state and federal taxes on their growing fortunes, some of which now reach into the billions of dollars.
And these men — because they are almost exclusively men — have a plan for what to do with the wealth: They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.
For more than a year, the entrepreneurs had been searching for the best location. AfterHurricane Maria decimated Puerto Rico’s infrastructurein September andthe price of cryptocurrencies began to soar, they saw an opportunity and felt a sense of urgency.
So this crypto community flocked here to create its paradise. Now the investors are spending their days hunting for property where they could have their own airports and docks. They are taking over hotels and a museum in the capital’s historic section, called Old San Juan. They say they are close to getting the local government to allow them to have the first cryptocurrency bank.
“What’s happened here is a perfect storm,” saidHalsey Minor, the founder of the news site CNET, who is moving his new blockchain company — called Videocoin — from the Cayman Islands to Puerto Rico this winter. Referring to Hurricane Maria and the investment interest that has followed, he added, “While it was really bad for the people of Puerto Rico, in the long term it’s a godsend if people look past that.”
Continue reading the main storyPuerto Crypto, in March.
The territory’s go-to blockchain tax lawyer is Giovanni Mendez, 30(WE MIGHT NEED TO REMEMBER THIS NAME
). He expected the tax expatriates to disappear after Hurricane Maria, but the population has instead boomed.“It’s increased monumentally,” said Mr. Mendez, who has about two dozen crypto clients. “And they all came together.”
The movement is alarming an earlier generation of Puerto Rico tax expats like the hedge fund manager Robb Rill, who runs a social group for those taking advantage of the tax incentives.
“They call me up saying they’re going to buy 250,000 acres so they can incorporate their own city, literally start a city in Puerto Rico to have their own crypto world,” said Mr. Rill, who moved to the island in 2013. “I can’t engage in that.”
The newcomers are still debating the exact shape that Puertopia should take. Some think they need to make a city; others think it’s enough to move into Old San Juan. Puertopians said, however, that they hoped to move very fast.
“You’ve never seen an industry catalyze a place like you’re going to see here,” Mr. Minor said.
This estimate fluctuates...that was my projection then. This is my projection right now
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