I was early miner of ltc in 2013 and sold all in 2014 hype and missing out the 100x bull run in 2017.I need some cheering
had 700k matic and 2000bnb which I hold for ages (even tax free in my country after 1 year hodl ) Sold it all before it blew up and now Iam sad asf. Could be a legit two times millionaire now now Iam far from even a quarter million. Should have just hodled. f*cking paper hands
What are you paying for it? This is a card that does well on the ethereum algorithm, and not great on others. Go to whattomine and check it out.Buying my first mining rig, maybe 2 tomorrow off some guy. He says he has 12 rigs making 2k a day, he’s invested 90k all up. That’s a crazy roi.
The party is not ending, it is changing. Once ethereum goes away you can change what it mines.Yeah my bad I paid $6700aud which I worked out to take 100-130 days to pay itself off, looks like I don’t have 100 days to do that so yeah oops.
I knew I was late to the party but I didn’t realise the party was about to end.
Although it looks like I'm inactive; I browse through most of the posts.
Whether right, wrong, etc. I can say with 110% the regulars (a core of 10-12) are some f*ckin' rockstars.
You guys are right. 100% right, actually. Likely won't happen during this bull cycle, but it will happen either with the next or the one after before we end this decade (2029). And/or it happens as a result of a likely global depression at the end of this decade.
Near the end of 2017; many discussions were similar. Many discussions and perspectives on Bitcoin's utility, including Ethereum, blockchain tech, etc. Most of it never came true. It was too early. But you know when it did?
Today. "Just 4 years later"; I think the average Joe investor could give you a rough overview of what blockchain is, the utilities that Bitcoin does factually provide now, and how Ethereum would essentially become the core skeleton mainframe for the blockchain tech, etc.
Now guess what? Every single thing these guys are saying WILL HAPPEN just like what was discussed in 2017.
If you want to be early on the next wave of blockchain and where it's headed and want to be sitting in coins that are (or will be eventually once it hits crypto winter) cheap AF coins so that you can stop reading about crypto millionaires and become one...
Then you need to spend 20 hours and read through this entire thread from the past year and identify the core people I am talking about. Note every single thing they say, they like, and what they are looking at, their theories, their gut feelings, etc.; skip any mentions of their short-term projections and listen to what they like mid-long term. There's many coins, tech, utility, etc. mentioned.. and I GUARANTEE YOU, IF YOU SIT IN SOME OF THESE MENTIONED BY THESE GUYS EITHER NOW (AND ONCE WE HIT WINTER) CAN AVERAGE DOWN AND HOLD FOR YEARS... YOU WILL EXPERIENCE EXTRAORDINARY GAINS.
Of course; saying is easy to say than do. People paper hand, lose faith, need to dig into the money, etc.
Many people forget there is a (not often talked about) execution side of trading/investing than just predicting what will happen in the future.
Not all my predictions were right; but my mid-long term predictions aren't too shabby at all. And I've given the success treasure map with all the answers on the test to many of my peers/friends/etc; and most failed the open book exam due to poor execution (scared, greed, forgetting the big picture, etc.).
Anyways; again, read through the past year, and study this thread. The treasure map is there for the next 4, 5, 8, 10 years. And if you fumble the ball; then you executed the investments poorly.
It's unclear whether it's changing or ending. Everyone who mines Ethereum today will have to switch to other blockchains. We have two possibilities:The party is not ending, it is changing. Once ethereum goes away you can change what it mines.
I also think that you paid too much for that rig! Keep in mind electricity costs. Those system will use roughly 1250 watts of power. Payouts also change like crazy.
One month ago 1000mh/s in hashing paid like 1.5 eth a month. 2 weeks ago it was 1. A few days ago it was 2. Today it's like 0.9. depending on a lot of variables this always changes. By August this will be 0.5.
Well he doesn't make money selling cars. Manipulating the crypto market is the way to go for him.Elon is just trolling the market to make obscene amounts of money. He can swing any market he wants in any direction from a text from his phone. Dude can make a hundred million dollars by trolling from his phone while taking a dump.
Lets hope, the net won’t rise more than 10% per week, else we ll suck.Well I have gone and done it. I just built a Chia mining rig.
AMD 5800x processor, 32 gigs of ram. Should be good for 7 plots in parallel. I am limited by storage space for now.
It's set to run 3 plots in parallel, temp files on a 1tb nvme firecuda, moving to a 8tb NAS. If this works over the next few days I will either get another 1 or 2tb firecuda nvme, and another 8tb NAS drive. That will allow for a total of 6 or 7 Parallel plots depending on if I get the 1 or 2tb nvme.
After this I'll need to figure out the best storage system. The motherboard I am using has 8 SATA slots, so that's a good bit of storage if I can figure out how to make them auto-pick a new HDD when the old one is full.
I forgot that we are allowed to do predictions here.
BTC hit around 120k in Mid-June.
YFI will hit 1m in Mid-June.
Followed by a 70%+ correction in alts(including YFI, while BTC consolidates on strength(two corrective waves in total). Alts bottom in beginning of August, and markup until beginning of September.
BTC hits 420k beginning September 21.
YFI hits 4,2m beginning September 21.
End of normal cycle markup.
I consider it the normal cycle top.
BTS dips back to around 120k until End of December 21. Alts lose 85-95% in value.
End of the first half of the Super cycle.
Second half of super cycle starts.
BTC bottoms in December 21 and gains back dominance. The second half of the supercycle sees BTC hit 800k+ in 2025.
Weak alts will continue to lose value or strong alts go into consolidation after December 21 as BTC gains back it's dominance.
Would you consider starting a mining thread in the speedway channel so those of us interested and often contributors to the forum(speedway) could talk and learn more?100% hobby miners are going to lose their shirts over this. Guys spending 2x MSRP prices for graphics cards are going to get slaughtered. I want to swoop in and buy their hardware at firesale prices.
Many coins are at 70% profitability when compared to ethereum. Why would that change because ethereum goes away?
I'm considering a massive coin price haircut, and a reduced payout volume when compared to ethereum, but I am not expecting this to just go away.
In 2019 I was barely mining more than what my electricity would have been, but I was not selling at the time so it did not matter. The same goes for the next winter. If all my hardware is paid off and I owe nothing, all I need to do is pay my electricity bill, stack those coins, and start selling when prices come back up.
Anyone with big loans on cards are going to be hammered big time.
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