MiningCave - Cryptocurrency Mining Hardware - Bitcoin

Which are your Top 5 favourite coins out of the Top 100? An analysis.

I am putting together my investment portfolio for 2018 and made a complete summary of the current Top 100. Interestingly, I noticed that all coins can be categorized into 12 markets. Which markets do you think will play the biggest role in the coming year?
Here is a complete overview of all coins in an excel sheet including name, market, TPS, risk profile, time since launch (negative numbers mean that they are launching that many months in the future) and market cap. You can also sort by all of these fields of course. Coins written in bold are the strongest contenders within their market either due to having the best technology or having a small market cap and still excellent technology and potential. https://docs.google.com/spreadsheets/d/1s8PHcNvvjuy848q18py_CGcu8elRGQAUIf86EYh4QZo/edit#gid=0
The 12 markets are
  1. Currency 13 coins
  2. Platform 25 coins
  3. Ecosystem 9 coins
  4. Privacy 10 coins
  5. Currency Exchange Tool 8 coins
  6. Gaming & Gambling 5 coins
  7. Misc 15 coins
  8. Social Network 4 coins
  9. Fee Token 3 coins
  10. Decentralized Data Storage 4 coins
  11. Cloud Computing 3 coins
  12. Stable Coin 2 coins
Before we look at the individual markets, we need to take a look of the overall market and its biggest issue scalability first:
Cryptocurrencies aim to be a decentralized currency that can be used worldwide. Its goal is to replace dollar, Euro, Yen, all FIAT currencies worldwide. The coin that will achieve that will be worth several trillion dollars.
Bitcoin can only process 7 transactions per second (TPS). In order to replace all FIAT, it would need to perform at at least VISA levels, which usually processes around 3,000 TPS, up to 25,000 TPS during peak times and a maximum of 64,000 TPS. That means that this cryptocurrency would need to be able to perform at least several thousand TPS. However, a ground breaking technology should not look at current technology to set a goal for its use, i.e. estimating the number of emails sent in 1990 based on the number of faxes sent wasn’t a good estimate.
For that reason, 10,000 TPS is the absolute baseline for a cryptocurrency that wants to replace FIAT. This brings me to IOTA, which wants to connect all 80 billion IoT devices that are expected to exist by 2025, which constantly communicate with each other, creating 80 billion or more transactions per second. This is the benchmark that cryptocurrencies should be aiming for. Currently, 8 billion devices are connected to the Internet.
With its Lightning network recently launched, Bitcoin is realistically looking at 50,000 possible soon. Other notable cryptocurrencies besides IOTA and Bitcoin are Nano with 7,000 TPS already tested, Dash with several billion TPS possible with Masternodes, Neo, LISK and RHOC with 100,000 TPS by 2020, Ripple with 50,000 TPS, Ethereum with 10,000 with Sharding.
However, it needs to be said that scalability usually goes at the cost of decentralization and security. So, it needs to be seen, which of these technologies can prove itself resilient and performant.
Without further ado, here are the coins of the first market

Market 1 - Currency:

  1. Bitcoin: 1st generation blockchain with currently bad scalability currently, though the implementation of the Lightning Network looks promising and could alleviate most scalability concerns, scalability and high energy use.
  2. Ripple: Centralized currency that might become very successful due to tight involvement with banks and cross-border payments for financial institutions; banks and companies like Western Union and Moneygram (who they are currently working with) as customers customers. However, it seems they are aiming for more decentralization now.https://ripple.com/dev-blog/decentralization-strategy-update/. Has high TPS due to Proof of Correctness algorithm.
  3. Bitcoin Cash: Bitcoin fork with the difference of having an 8 times bigger block size, making it 8 times more scalable than Bitcoin currently. Further block size increases are planned. Only significant difference is bigger block size while big blocks lead to further problems that don't seem to do well beyond a few thousand TPS. Opponents to a block size argue that increasing the block size limit is unimaginative, offers only temporary relief, and damages decentralization by increasing costs of participation. In order to preserve decentralization, system requirements to participate should be kept low. To understand this, consider an extreme example: very big blocks (1GB+) would require data center level resources to validate the blockchain. This would preclude all but the wealthiest individuals from participating.Community seems more open than Bitcoin's though.
  4. Litecoin : Little brother of Bitcoin. Bitcoin fork with different mining algorithm but not much else.Copies everything that Bitcoin does pretty much. Lack of real innovation.
  5. Dash: Dash (Digital Cash) is a fork of Bitcoin and focuses on user ease. It has very fast transactions within seconds, low fees and uses Proof of Service from Masternodes for consensus. They are currently building a system called Evolution which will allow users to send money using usernames and merchants will find it easy to integrate Dash using the API. You could say Dash is trying to be a PayPal of cryptocurrencies. Currently, cryptocurrencies must choose between decentralization, speed, scalability and can pick only 2. With Masternodes, Dash picked speed and scalability at some cost of decentralization, since with Masternodes the voting power is shifted towards Masternodes, which are run by Dash users who own the most Dash.
  6. IOTA: 3rd generation blockchain called Tangle, which has a high scalability, no fees and instant transactions. IOTA aims to be the connective layer between all 80 billion IOT devices that are expected to be connected to the Internet in 2025, possibly creating 80 billion transactions per second or 800 billion TPS, who knows. However, it needs to be seen if the Tangle can keep up with this scalability and iron out its security issues that have not yet been completely resolved.
  7. Nano: 3rd generation blockchain called Block Lattice with high scalability, no fees and instant transactions. Unlike IOTA, Nano only wants to be a payment processor and nothing else, for now at least. With Nano, every user has their own blockchain and has to perform a small amount of computing for each transaction, which makes Nano perform at 300 TPS with no problems and 7,000 TPS have also been tested successfully. Very promising 3rd gen technology and strong focus on only being the fastest currency without trying to be everything.
  8. Decred: As mining operations have grown, Bitcoin’s decision-making process has become more centralized, with the largest mining companies holding large amounts of power over the Bitcoin improvement process. Decred focuses heavily on decentralization with their PoW Pos hybrid governance system to become what Bitcoin was set out to be. They will soon implement the Lightning Network to scale up. While there do not seem to be more differences to Bitcoin besides the novel hybrid consensus algorithm, which Ethereum, Aeternity and Bitcoin Atom are also implementing, the welcoming and positive Decred community and professoinal team add another level of potential to the coin.
  9. Aeternity: We’ve seen recently, that it’s difficult to scale the execution of smart contracts on the blockchain. Crypto Kitties is a great example. Something as simple as creating and trading unique assets on Ethereum bogged the network down when transaction volume soared. Ethereum and Zilliqa address this problem with Sharding. Aeternity focuses on increasing the scalability of smart contracts and dapps by moving smart contracts off-chain. Instead of running on the blockchain, smart contracts on Aeternity run in private state channels between the parties involved in the contracts. State channels are lines of communication between parties in a smart contract. They don’t touch the blockchain unless they need to for adjudication or transfer of value. Because they’re off-chain, state channel contracts can operate much more efficiently. They don’t need to pay the network for every time they compute and can also operate with greater privacy. An important aspect of smart contract and dapp development is access to outside data sources. This could mean checking the weather in London, score of a football game, or price of gold. Oracles provide access to data hosted outside the blockchain. In many blockchain projects, oracles represent a security risk and potential point of failure, since they tend to be singular, centralized data streams. Aeternity proposes decentralizing oracles with their oracle machine. Doing so would make outside data immutable and unchangeable once it reaches Aeternity’s blockchain. Of course, the data source could still be hacked, so Aeternity implements a prediction market where users can bet on the accuracy and honesty of incoming data from various oracles.It also uses prediction markets for various voting and verification purposes within the platform. Aeternity’s network runs on on a hybrid of proof of work and proof of stake. Founded by a long-time crypto-enthusiast and early colleague of Vitalik Buterin, Yanislav Malahov. Promising concept though not product yet
  10. Bitcoin Atom: Atomic Swaps and hybrid consenus. This looks like the only Bitcoin clone that actually is looking to innovate next to Bitcoin Cash.
  11. Dogecoin: Litecoin fork, fantastic community, though lagging behind a bit in technology.
  12. Bitcoin Gold: A bit better security than bitcoin through ASIC resistant algorithm, but that's it. Not that interesting.
  13. Digibyte: Digibyte's PoS blockchain is spread over a 100,000+ servers, phones, computers, and nodes across the globe, aiming for the ultimate level of decentralization. DigiByte rebalances the load between the five mining algorithms by adjusting the difficulty of each so one algorithm doesn’t become dominant. The algorithm's asymmetric difficulty has gained notoriety and been deployed in many other blockchains.DigiByte’s adoption over the past four years has been slow. It’s still a relatively obscure currency compared its competitors. The DigiByte website offers a lot of great marketing copy and buzzwords. However, there’s not much technical information about what they have planned for the future. You could say Digibyte is like Bitcoin, but with shorter blocktimes and a multi-algorithm. However, that's not really a difference big enough to truly set themselves apart from Bitcoin, since these technologies could be implemented by any blockchain without much difficulty. Their decentralization is probably their strongest asset, however, this also change quickly if the currency takes off and big miners decide to go into Digibyte.
  14. Bitcoin Diamond Asic resistant Bitcoin and Copycat

Market 2 - Platform

Most of the cryptos here have smart contracts and allow dapps (Decentralized apps) to be build on their platform and to use their token as an exchange of value between dapp services.
  1. Ethereum: 2nd generation blockchain that allows the use of smart contracts. Bad scalability currently, though this concern could be alleviated by the soon to be implemented Lightning Network aka Plasma and its Sharding concept.
  2. EOS: Promising technology that wants to be able do everything, from smart contracts like Ethereum, scalability similar to Nano with 1000 tx/second + near instant transactions and zero fees, to also wanting to be a platform for dapps. However, EOS doesn't have a product yet and everything is just promises still. Highly overvalued right now. However, there are lots of red flags, have dumped $500 million Ether over the last 2 months and possibly bought back EOS to increase the size of their ICO, which has been going on for over a year and has raised several billion dollars. All in all, their market cap is way too high for that and not even having a product.
  3. Cardano: Similar to Ethereum/EOS, however, only promises made with no delivery yet, highly overrated right now. Interesting concept though. Market cap way too high for not even having a product. Somewhat promising technology.
  4. VeChain: Singapore-based project that’s building a business enterprise platform and inventory tracking system. Examples are verifying genuine luxury goods and food supply chains. Has one of the strongest communities in the crypto world. Most hyped token of all, with merit though.
  5. Neo: Neo is a platform, similar to Eth, but more extensive, allowing dapps and smart contracts, but with a different smart contract gas system, consensus mechanism (PoS vs. dBfT), governance model, fixed vs unfixed supply, expensive contracts vs nearly free contracts, different ideologies for real world adoption. There are currently only 9 nodes, each of which are being run by a company/entity hand selected by the NEO council (most of which are located in china) and are under contract. This means that although the locations of the nodes may differ, ultimately the neo council can bring them down due to their legal contracts. In fact this has been done in the past when the neo council was moving 50 million neo that had been locked up. Also dbft (or neo's implmentation of it) has failed underload causing network outages during major icos. The first step in decentralization is that the NEO Counsel will select trusted nodes (Universities, business partners, etc.) and slowly become less centralized that way. The final step in decentralization will be allowing NEO holders to vote for new nodes, similar to a DPoS system (ARK/EOS/LISK). NEO has a regulation/government friendly ideology. Finally they are trying to work undewith the Chinese government in regards to regulations. If for some reason they wanted it shut down, they could just shut it down.
  6. Stellar: PoS system, similar goals as Ripple, but more of a platform than only a currency. 80% of Stellar are owned by Stellar.org still, making the currency centralized.
  7. Ethereum classic: Original Ethereum that decided not to fork after a hack. The Ethereum that we know is its fork. Uninteresing, because it has a lot of less resources than Ethereum now and a lot less community support.
  8. Ziliqa: Zilliqa is building a new way of sharding. 2400 tpx already tested, 10,000 tps soon possible by being linearly scalable with the number of nodes. That means, the more nodes, the faster the network gets. They are looking at implementing privacy as well.
  9. QTUM: Enables Smart contracts on the Bitcoin blockchain. Useful.
  10. Icon: Korean ethereum. Decentralized application platform that's building communities in partnership with banks, insurance providers, hospitals, and universities. Focused on ID verification and payments. No big differentiators to the other 20 Ethereums, except that is has a product. That is a plus. Maybe cheap alternative to Ethereum.
  11. LISK: Lisk's difference to other BaaS is that side chains are independent to the main chain and have to have their own nodes. Similar to neo whole allows dapps to deploy their blockchain to. However, Lisk is currently somewhat centralized with a small group of members owning more than 50% of the delegated positions. Lisk plans to change the consensus algorithm for that reason in the near future.
  12. Rchain: Similar to Ethereum with smart contract, though much more scalable at an expected 40,000 TPS and possible 100,000 TPS. Not launched yet. No product launched yet, though promising technology. Not overvalued, probably at the right price right now.
  13. ARDR: Similar to Lisk. Ardor is a public blockchain platform that will allow people to utilize the blockchain technology of Nxt through the use of child chains. A child chain, which is a ‘light’ blockchain that can be customized to a certain extent, is designed to allow easy self-deploy for your own blockchain. Nxt claims that users will "not need to worry" about security, as that part is now handled by the main chain (Ardor). This is the chief innovation of Ardor. Ardor was evolved from NXT by the same company. NEM started as a NXT clone.
  14. Ontology: Similar to Neo. Interesting coin
  15. Bytom: Bytom is an interactive protocol of multiple byte assets. Heterogeneous byte-assets (indigenous digital currency, digital assets) that operate in different forms on the Bytom Blockchain and atomic assets (warrants, securities, dividends, bonds, intelligence information, forecasting information and other information that exist in the physical world) can be registered, exchanged, gambled and engaged in other more complicated and contract-based interoperations via Bytom.
  16. Nxt: Similar to Lisk
  17. Stratis: Different to LISK, Stratis will allow businesses and organizations to create their own blockchain according to their own needs, but secured on the parent Stratis chain. Stratis’s simple interface will allow organizations to quickly and easily deploy and/or test blockchain functionality of the Ethereum, BitShares, BitCoin, Lisk and Stratis environements.
  18. Status: Status provides access to all of Ethereum’s decentralized applications (dapps) through an app on your smartphone. It opens the door to mass adoption of Ethereum dapps by targeting the fastest growing computer segment in the world – smartphone users.16. Ark: Fork of Lisk that focuses on a smaller feature set. Ark wallets can only vote for one delegate at a time which forces delegates to compete against each other and makes cartel formations incredibly hard, if not impossible.
  19. Neblio: Similar to Neo, but 30x smaller market cap.
  20. NEM: Is similar to Neo No marketing team, very high market cap for little clarilty what they do.
  21. Bancor: Bancor is a Decentralized Liquidity Network that allows you to hold any Ethereum token and convert it to any other token in the network, with no counter party, at an automatically calculated price, using a simple web wallet.
  22. Dragonchain: The Purpose of DragonChain is to help companies quickly and easily incorporate blockchain into their business applications. Many companies might be interested in making this transition because of the benefits associated with serving clients over a blockchain – increased efficiency and security for transactions, a reduction of costs from eliminating potential fraud and scams, etc.
  23. Skycoin: Transactions with zero fees that take apparently two seconds, unlimited transaction rate, no need for miners and block rewards, low power usage, all of the usual cryptocurrency technical vulnerabilities fixed, a consensus mechanism superior to anything that exists, resistant to all conceivable threats (government censorship, community infighting, cybenucleaconventional warfare, etc). Skycoin has their own consensus algorithm known as Obelisk written and published academically by an early developer of Ethereum. Obelisk is a non-energy intensive consensus algorithm based on a concept called ‘web of trust dynamics’ which is completely different to PoW, PoS, and their derivatives. Skywire, the flagship application of Skycoin, has the ambitious goal of decentralizing the internet at the hardware level and is about to begin the testnet in April. However, this is just one of the many facets of the Skycoin ecosystem. Skywire will not only provide decentralized bandwidth but also storage and computation, completing the holy trinity of commodities essential for the new internet. Skycion a smear campaign launched against it, though they seem legit and reliable. Thus, they are probably undervalued.

Market 3 - Ecosystem

The 3rd market with 11 coins is comprised of ecosystem coins, which aim to strengthen the ease of use within the crypto space through decentralized exchanges, open standards for apps and more
  1. Nebulas: Similar to how Google indexes webpages Nebulas will index blockchain projects, smart contracts & data using the Nebulas rank algorithm that sifts & sorts the data. Developers rewarded NAS to develop & deploy on NAS chain. Nebulas calls this developer incentive protocol – basically rewards are issued based on how often dapp/contract etc. is used, the more the better the rewards and Proof of devotion. Works like DPoS except the best, most economically incentivised developers (Bookkeeppers) get the forging spots. Ensuring brains stay with the project (Cross between PoI & PoS). 2,400 TPS+, DAG used to solve the inter-transaction dependencies in the PEE (Parallel Execution Environment) feature, first crypto Wallet that supports the Lightening Network.
  2. Waves: Decentralized exchange and crowdfunding platform. Let’s companies and projects to issue and manage their own digital coin tokens to raise money.
  3. Salt: Leveraging blockchain assets to secure cash loands. Plans to offer cash loans in traditional currencies, backed by your cryptocurrency assets. Allows lenders worldwide to skip credit checks for easier access to affordable loans.
  4. CHAINLINK: ChainLink is a decentralized oracle service, the first of its kind. Oracles are defined as an ‘agent’ that finds and verifies real-world occurrences and submits this information to a blockchain to be used in smart contracts.With ChainLink, smart contract users can use the network’s oracles to retrieve data from off-chain application program interfaces (APIs), data pools, and other resources and integrate them into the blockchain and smart contracts. Basically, ChainLink takes information that is external to blockchain applications and puts it on-chain. The difference to Aeternity is that Chainlink deploys the smart contracts on the Ethereum blockchain while Aeternity has its own chain.
  5. WTC: Combines blockchain with IoT to create a management system for supply chains Interesting
  6. Ethos unifyies all cryptos. Ethos is building a multi-cryptocurrency phone wallet. The team is also building an investment diversification tool and a social network
  7. Aion: Aion is the token that pays for services on the Aeternity platform.
  8. USDT: is no cryptocurrency really, but a replacement for dollar for trading After months of asking for proof of dollar backing, still no response from Tether.

Market 4 - Privacy

The 4th market are privacy coins. As you might know, Bitcoin is not anonymous. If the IRS or any other party asks an exchange who is the identity behind a specific Bitcoin address, they know who you are and can track back almost all of the Bitcoin transactions you have ever made and all your account balances. Privacy coins aim to prevent exactly that through address fungability, which changes addresses constantly, IP obfuscation and more. There are 2 types of privacy coins, one with completely privacy and one with optional privacy. Optional Privacy coins like Dash and Nav have the advantage of more user friendliness over completely privacy coins such as Monero and Enigma.
  1. Monero: Currently most popular privacy coin, though with a very high market cap. Since their privacy is all on chain, all prior transactions would be deanonymized if their protocol is ever cracked. This requires a quantum computing attack though. PIVX is better in that regard.
  2. Zcash: A decentralized and open-source cryptocurrency that hide the sender, recipient, and value of transactions. Offers users the option to make transactions public later for auditing. Decent privacy coin, though no default privacy
  3. Verge: Calls itself privacy coin without providing private transactions, multiple problems over the last weeks has a toxic community, and way too much hype for what they have.
  4. Bytecoin: First privacy-focused cryptocurrency with anonymous transactions. Bytecoin’s code was later adapted to create Monero, the more well-known anonymous cryptocurrency. Has several scam accusations, 80% pre-mine, bad devs, bad tech
  5. Bitcoin Private: A merge fork of Bitcoin and Zclassic with Zclassic being a fork of Zcash with the difference of a lack of a founders fee required to mine a valid block. This promotes a fair distribution, preventing centralized coin ownership and control. Bitcoin private offers the optional ability to keep the sender, receiver, and amount private in a given transaction. However, this is already offered by several good privacy coins (Monero, PIVX) and Bitcoin private doesn't offer much more beyond this.
  6. Komodo: The Komodo blockchain platform uses Komodo’s open-source cryptocurrency for doing transparent, anonymous, private, and fungible transactions. They are then made ultra-secure using Bitcoin’s blockchain via a Delayed Proof of Work (dPoW) protocol and decentralized crowdfunding (ICO) platform to remove middlemen from project funding. Offers services for startups to create and manage their own Blockchains.
  7. PIVX: As a fork of Dash, PIVX uses an advanced implementation of the Zerocoin protocol to provide it’s privacy. This is a form of zeroknowledge proofs, which allow users to spend ‘Zerocoins’ that have no link back to them. Unlike Zcash u have denominations in PIVX, so they can’t track users by their payment amount being equal to the amount of ‘minted’ coins, because everyone uses the same denominations. PIVX is also implementing Bulletproofs, just like Monero, and this will take care of arguably the biggest weakness of zeroknowledge protocols: the trusted setup.
  8. Zcoin: PoW cryptocurrency. Private financial transactions, enabled by the Zerocoin Protocol. Zcoin is the first full implementation of the Zerocoin Protocol, which allows users to have complete privacy via Zero-Knowledge cryptographic proofs.
  9. Enigma: Monero is to Bitcoin what enigma is to Ethereum. Enigma is for making the data used in smart contracts private. More of a platform for dapps than a currency like Monero. Very promising.
  10. Navcoin: Like bitcoin but with added privacy and pos and 1,170 tps, but only because of very short 30 second block times. Though, privacy is optional, but aims to be more user friendly than Monero. However, doesn't really decide if it wants to be a privacy coin or not. Same as Zcash.Strong technology, non-shady team.
  11. Tenx: Raised 80 million, offers cryptocurrency-linked credit cards that let you spend virtual money in real life. Developing a series of payment platforms to make spending cryptocurrency easier. However, the question is if full privacy coins will be hindered in growth through government regulations and optional privacy coins will become more successful through ease of use and no regulatory hindrance.

Market 5 - Currency Exchange Tool

Due to the sheer number of different cryptocurrencies, exchanging one currency for the other it still cumbersome. Further, merchants don’t want to deal with overcluttered options of accepting cryptocurrencies. This is where exchange tool like Req come in, which allow easy and simple exchange of currencies.
  1. Cryptonex: Fiat and currency exchange between various blockchain services, similar to REQ.
  2. QASH: Qash is used to fuel its liquid platform which will be an exchange that will distribute their liquidity pool. Its product, the Worldbook is a multi-exchange order book that matches crypto to crypto, and crypto to fiat and the reverse across all currencies. E.g., someone is selling Bitcoin is USD on exchange1 not owned by Quoine and someone is buying Bitcoin in EURO on exchange 2 not owned by Quoine. If the forex conversions and crypto conversions match then the trade will go through and the Worldbook will match it, it'll make the sale and the purchase on either exchange and each user will get what they wanted, which means exchanges with lower liquidity if they join the Worldbook will be able to fill orders and take trade fees they otherwise would miss out on.They turned it on to test it a few months ago for an hour or so and their exchange was the top exchange in the world by 4x volume for the day because all Worldbook trades ran through it. Binance wants BNB to be used on their one exchange. Qash wants their QASH token embedded in all of their partners. More info here https://www.reddit.com/CryptoCurrency/comments/8a8lnwhich_are_your_top_5_favourite_coins_out_of_the/dwyjcbb/?context=3
  3. Kyber: network Exchange between cryptocurrencies, similar to REQ. Features automatic coin conversions for payments. Also offers payment tools for developers and a cryptocurrency wallet.
  4. Achain: Building a boundless blockchain world like Req .
  5. Req: Exchange between cryptocurrencies.
  6. Bitshares: Exchange between cryptocurrencies. Noteworthy are the 1.5 second average block times and throughput potential of 100,000 transactions per second with currently 2,400 TPS having been proven. However, bitshares had several Scam accusations in the past.
  7. Loopring: A protocol that will enable higher liquidity between exchanges and personal wallets.
  8. ZRX: Open standard for dapps. Open, permissionless protocol allowing for ERC20 tokens to be traded on the Ethereum blockchain. In 0x protocol, orders are transported off-chain, massively reducing gas costs and eliminating blockchain bloat. Relayers help broadcast orders and collect a fee each time they facilitate a trade. Anyone can build a relayer.

Market 6 - Gaming

With an industry size of $108B worldwide, Gaming is one of the largest markets in the world. For sure, cryptocurrencies will want to have a share of that pie.
  1. Storm: Mobile game currency on a platform with 9 million players.
  2. Fun: A platform for casino operators to host trustless, provably-fair gambling through the use of smart contracts, as well as creating their own implementation of state channels for scalability.
  3. Electroneum: Mobile game currency They have lots of technical problems, such as several 51% attacks
  4. Wax: Marketplace to trade in-game items

Market 7 - Misc

There are various markets being tapped right now. They are all summed up under misc.
  1. OMG: Omise is designed to enable financial services for people without bank accounts. It works worldwide and with both traditional money and cryptocurrencies.
  2. Power ledger: Australian blockchain-based cryptocurrency and energy trading platform that allows for decentralized selling and buying of renewable energy. Unique market and rather untapped market in the crypto space.
  3. Populous: A platform that connects business owners and invoice buyers without middlemen. Invoice sellers get cash flow to fund their business and invoice buyers earn interest. Similar to OMG, small market.
  4. Monacoin: The first Japanese cryptocurrency. Focused on micro-transactions and based on a popular internet meme of a type-written cat. This makes it similar to Dogecoin. Very niche, tiny market.
  5. Revain: Legitimizing reviews via the blockchain. Interesting concept, though market not as big.
  6. Augur: Platform to forecast and make wagers on the outcome of real-world events (AKA decentralized predictions). Uses predictions for a “wisdom of the crowd” search engine. Not launched yet.
  7. Substratum: Revolutionzing hosting industry via per request billing as a decentralized internet hosting system. Uses a global network of private computers to create the free and open internet of the future. Participants earn cryptocurrency. Interesting concept.
  8. Veritaseum: Is supposed to be a peer to peer gateway, though it looks like very much like a scam.
  9. TRON: Tronix is looking to capitalize on ownership of internet data to content creators. However, they plagiarized their white paper, which is a no go. They apologized, so it needs to be seen how they will conduct themselves in the future. Extremely high market cap for not having a product, nor proof of concept.
  10. Syscoin: A cryptocurrency with a decentralized marketplace that lets people buy and sell products directly without third parties. Trying to remove middlemen like eBay and Amazon.
  11. Hshare: Most likely scam because of no code changes, most likely pump and dump scheme, dead community.
  12. BAT: An Ethereum-based token that can be exchanged between content creators, users, and advertisers. Decentralized ad-network that pays based on engagement and attention.
  13. Dent: Decentralizeed exchange of mobile data, enabling mobile data to be marketed, purchased or distributed, so that users can quickly buy or sell data from any user to another one.
  14. Ncash: End to end encrypted Identification system for retailers to better serve their customers .
  15. Factom Secure record-keeping system that allows companies to store their data directly on the Blockchain. The goal is to make records more transparent and trustworthy .

Market 8 - Social network

Web 2.0 is still going strong and Web 3.0 is not going to ignore it. There are several gaming tokens already out there and a few with decent traction already, such as Steem, which is Reddit with voting through money is a very interesting one.
  1. Mithril: As users create content via social media, they will be rewarded for their contribution, the better the contribution, the more they will earn
  2. Steem: Like Reddit, but voting with money. Already launched product and Alexa rank 1,000 Thumbs up.
  3. Rdd: Reddcoin makes the process of sending and receiving money fun and rewarding for everyone. Reddcoin is dedicated to one thing – tipping on social networks as a way to bring cryptocurrency awareness and experience to the general public.
  4. Kin: Token for the platform Kik. Kik has a massive user base of 400 million people. Replacing paying with FIAT with paying with KIN might get this token to mass adoption very quickly.

Market 9 - Fee token

Popular exchanges realized that they can make a few billion dollars more by launching their own token. Owning these tokens gives you a reduction of trading fees. Very handy and BNB (Binance Coin) has been one of the most resilient tokens, which have withstood most market drops over the last weeks and was among the very few coins that could show growth.
  1. BNB: Fee token for Binance
  2. Gas: Not a Fee token for an exchange, but it is a dividend paid out on Neo and a currency that can be used to purchase services for dapps.
  3. Kucoin: Fee token for Kucoin

Market 10 - Decentralized Data Storage

Currently, data storage happens with large companies or data centers that are prone to failure or losing data. Decentralized data storage makes loss of data almost impossible by distributing your files to numerous clients that hold tiny pieces of your data. Remember Torrents? Torrents use a peer-to-peer network. It is similar to that. Many users maintain copies of the same file, when someone wants a copy of that file, they send a request to the peer-to-peer network., users who have the file, known as seeds, send fragments of the file to the requester., he requester receives many fragments from many different seeds, and the torrent software recompiles these fragments to form the original file.
  1. Gbyte: Byteball data is stored and ordered using directed acyclic graph (DAG) rather than blockchain. This allows all users to secure each other's data by referencing earlier data units created by other users, and also removes scalability limits common for blockchains, such as blocksize issue.
  2. Siacoin: Siacoin is decentralized storage platform. Distributes encrypted files to thousands of private users who get paid for renting out their disk space. Anybody with siacoins can rent storage from hosts on Sia. This is accomplish via "smart" storage contracts stored on the Sia blockchain. The smart contract provides a payment to the host only after the host has kept the file for a given amount of time. If the host loses the file, the host does not get paid.
  3. Maidsafecoin: MaidSafe stands for Massive Array of Internet Disks, Secure Access for Everyone.Instead of working with data centers and servers that are common today and are vulnerable to data theft and monitoring, SAFE’s network uses advanced P2P technology to bring together the spare computing capacity of all SAFE users and create a global network. You can think of SAFE as a crowd-sourced internet. All data and applications reside in this network. It’s an autonomous network that automatically sets prices and distributes data and rents out hard drive disk space with a Blockchain-based storage solutions.When you upload a file to the network, such as a photo, it will be broken into pieces, hashed, and encrypted. The data is then randomly distributed across the network. Redundant copies of the data are created as well so that if someone storing your file turns off their computer, you will still have access to your data. And don’t worry, even with pieces of your data on other people’s computers, they won’t be able to read them. You can earn MadeSafeCoins by participating in storing data pieces from the network on your computer and thus earning a Proof of Resource.
  4. Storj: Storj aims to become a cloud storage platform that can’t be censored or monitored, or have downtime. Your files are encrypted, shredded into little pieces called 'shards', and stored in a decentralized network of computers around the globe. No one but you has a complete copy of your file, not even in an encrypted form.

Market 11 - Cloud computing

Obviously, renting computing power, one of the biggest emerging markets as of recent years, e.g. AWS and Digital Ocean, is also a service, which can be bought and managed via the blockchain.
  1. Golem: Allows easy use of Supercomputer in exchange for tokens. People worldwide can rent out their computers to the network and get paid for that service with Golem tokens.
  2. Elf: Allows easy use of Cloud computing in exchange for tokens.

Market 12 - Stablecoin

Last but not least, there are 2 stablecoins that have established themselves within the market. A stable coin is a coin that wants to be independent of the volatility of the crypto markets. This has worked out pretty well for Maker and DGD, accomplished through a carefully diversified currency fund and backing each token by 1g or real gold respectively. DO NOT CONFUSE DGD AND MAKER with their STABLE COINS DGX and DAI. DGD and MAKER are volatile, because they are the companies of DGX and DAI. DGX and DAI are the stable coins.
  1. DGD: Platform of the Stablecoin DGX. Every DGX coin is backed by 1g of gold and make use proof of asset consensus.
  2. Maker: Platform of the Stablecoin DAI that doesn't vary much in price through widespread and smart diversification of assets.
EDIT: Added a risk factor from 0 to 10. The baseline is 2 for any crypto. Significant scandals, mishaps, shady practices, questionable technology, increase the risk factor. Not having a product yet automatically means a risk factor of 6. Strong adoption and thus strong scrutiny or positive community lower the risk factor.
EDIT2: Added a subjective potential factor from 0 to 10, where its overall potential and a small or big market cap is factored in. Bitcoin with lots of potential only gets a 9, because of its massive market cap, because if Bitcoin goes 10x, smaller coins go 100x, PIVX gets a 10 for being as good as Monero while carrying a 10x smaller market cap, which would make PIVX go 100x if Monero goes 10x.
submitted by galan77 to CryptoCurrency [link] [comments]

I literally have tens of thousands of dollars in top-shelf hardware, looking to repurpose some before selling on eBay to build a NAS system, possibly a dedicated firewall device as well. o_O

Q1) What will you be doing with this PC? Be as specific as possible, and include specific games or programs you will be using.**

A1) This will be a dedicated NAS system for my home network. As such, I'm looking to have it:

- Host ##TB's of 720, 1080 & up resolution Movies and TV Shows I'm about to begin ripping from a MASSIVE DVD & Blueray collection I have.

- My kids are big on Minecraft. I understand it's possible to host your own "worlds" (or whatever they call the maps you can build) on your own "server". I think it would be pretty neat to offer them (& their friends - if can be done 'safely/securely') their own partition on one of my NAS HDD's.

- I also have accounts with a couple diff VPN companies... I understand it's possible (?) to sync said VPN's with a NAS, this might be a more relative topic on the next point/purpose...

- I'd like to be able to remotely link to this NAS for when I travel overseas and want to stream at my temp location from my house/this NAS.
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Q2) What is your maximum budget before rebates/shipping/taxes?**

* A2) Here's where I make matters more complicated than most others would... I've been an advocate for Bitcoin and crypto-currencies in general since 2013. I invested in a small mining outfit back in 2014 (strictly Bitcoin/ASIC's). One of my buddies is the President of a large-scale mining operation (foreign and domestic) and he convinced me to dabble in the GPU mining-space. I made my first hardware purchase in Q4, 2017 and launched a small-scale GPU-Farm in my house since then. I had the rigs mining up until Q3 of 2018 (not cost-efficient to keep on, especially living in SoFlo) and since then, the hardware's been collecting dust (& pissing off my family members since they lost access to 3X rooms in the house - I won't let anyone go near my gear). One of my New Years Resolutions for 2019 was to clear out the house of all my mining equipment so that's all about to go up on eBay. So "budget" is relative to whatever I "MUST" spend if I can't repurpose any of the parts I already have on hand for this build... (Anyone having something I "need" and is looking to barter for one of the items I'll list later on in here, LMK).
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Q3) When do you plan on building/buying the PC? Note: beyond a week or two from today means any build you receive will be out of date when you want to buy.**

A3) IMMEDIATELY! :)
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Q4) What, exactly, do you need included in the budget? (ToweOS/monitokeyboard/mouse/etc\)**

A4) Well I had a half-assed idea approximately 1 year ago that it might be wise to build a bunch of 'gaming rigs' to sell on eBay with my intended repurposed mining hardware so I went on a shopping spree for like 6 months. That said; I've got a plethora of various other components that aren't even unboxed yet. 90% of the items I've purchased for this additional project were items that were marked down via MIR (mail-in-rebates) & what-not...
AFAIK, there are only 3X items I absolutely do not have which I 'MUST' find. Those would be - 1) Motherboard which accepts "ECC RAM". 2) CPU for said MOBO. 3) Said "ECC RAM".\* 
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Q5) Which country (and state/province) will you be purchasing the parts in? If you're in US, do you have access to a Microcenter location?**

A5) I'm located in Southwest Florida. No Microcenter's here. Best Buy is pretty much my only option although I am a member of Newegg, Amazon & Costco if that makes any difference?
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Q6) If reusing any parts (including monitor(s)/keyboard/mouse/etc), what parts will you be reusing? Brands and models are appreciated.**

A6) In an attempt to better clean up this Q&A, I'm going to list the items I have on-hand at the end of this questionnaire in-case passers-by feel like this might be a TLDR.* (Scroll to the bottom & you'll see what I mean).
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Q7) Will you be overclocking? If yes, are you interested in overclocking right away, or down the line? CPU and/or GPU?**

A7) I don't think that's necessary for my intended purpose although - I'm not against it if that helps & FWIW, I'm pretty skilled @ this task already (it's not rocket science).
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Q8) Are there any specific features or items you want/need in the build? (ex: SSD, large amount of storage or a RAID setup, CUDA or OpenCL support, etc)**

A8) As stated in A4; ECC RAM is non-negotiable... RAID seems like a logical application here as well.

- This will predominantly be receiving commands from MacOS computers. I don't think that matters really but figured it couldn't hurt to let you guys know.\*

- I'd also be quite fond of implementing "PFSENSE" (or something of that caliber) applied to this system so I could give my Netgear Nighthawks less stress in that arena, plus my limited understanding of PFSENSE is that it's ability to act as a firewall runs circles around anything that comes with consumer-grade Wi-Fi routers (like my Nighthawks). Just the same, I'm open to building a second rig just for the firewall.\*

- Another desirable feature would be that it draws as little electricity from the wall as possible. (I'm EXTREMELY skilled in this arena. I have "Kill-A-Watts" to test/gauge on, as well as an intimate understanding of the differences between Silver, Gold, Platinum and Titanium rated PSU's. As well as having already measured each of the PSU's I have on-hand and taken note of the 'target TDP draw' ("Peak Power Efficiency Draw") each one offers when primed with X amount of GPU's when I used them for their original purpose.\*

- Last, but not least, sound (as in noise created from the rig). I'd like to prop this device up on my entertainment center in the living room. I've (almost) all of the top-shelf consumer grade products one could dream of regarding fans and other thermal-related artifacts.

- Almost forgot; this will be hosting to devices on the KODI platform (unless you guys have better alternative suggestions?)
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Q9) Do you have any specific case preferences (Size like ITX/microATX/mid-towefull-tower, styles, colors, window or not, LED lighting, etc), or a particular color theme preference for the components?**

A9) Definitely! Desired theme would be WHITE. If that doesn't work for whatever reason, black or gray would suffice. Regarding "Case Size". Nah, that's not too important although I don't foresee a mini-ITX build making sense if I'm going to be cramming double digit amounts of TB in the system, Internal HDD's sounds better than a bunch of externals plugged in all the USB ports.
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Q10) Do you need a copy of Windows included in the budget? If you do need one included, do you have a preference?**

A10) I don't know. If I do need a copy of Windows, I don't have one so that's something I'll have to consider I guess. I doubt that's a necessity though.
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**Extra info or particulars:*\*

AND NOW TO THE FUN-STUFF... Here's a list of everything (PARTS PARTS PARTS) I have on-hand and ready to deploy into the wild &/or negotiate a trade/barter with:

CASES -
Corsair Carbide Series Air 540 Arctic White (Model# Crypto-Currency-9011048-WW) - (Probably my top pick for this build).
Cooler Master HAF XB EVO (This is probably my top 1st or 2nd pick for this build, the thing is a monster!).
Cooler Master Elite 130 - Mini ITX - Black
Cooler Master MasterBox 5 MID-Tower - Black & White
Raidmax Sigma-TWS - ATX - White
MasterBox Lite 5 - ATX - Black w/ diff. Colored accent attachments (included with purchase)
NZXT S340 Elite Matte White Steel/Tempered Glass Edition
EVGA DG-76 Alpine White - Mid Tower w/ window
EVGA DG-73 Black - Mid Tower w/ window (I have like 3 of these)

______________________
CPU's -
***7TH GEN OR BELOW INTEL's ("Code Name Class mentioned next to each one)**\*
Pentium G4400 (Skylake @54W TDP) - Intel ARK states is "ECC CAPABLE"
Celeron G3930 (Kaby Lake @ 51W TDP) - Intel ARK states is "ECC CAPABLE" :)
i5 6402P (Skylake @65W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i5 6600k (Skylake @ 91W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i7 6700 (Skylake @ 65W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i7 7700k (Kaby Lake @ 95W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(


***8TH GEN INTEL's **\*
i3-8350K (Coffee Lake @91W TDP) - Intel ARK states is "ECC FRIENDLY" :)
I5-8600K (Coffee Lake @95W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(


***AMD RYZEN's **\*
Ryzen 3 2200G
Ryzen 5 1600
Ryzen 7 1700X

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MOTHERBOARDS -

***7TH GEN AND BELOW INTEL BASED MOBO'S - **\*
MSI Z170A-SLI
ASUS PRIME Z270-A
ASUS PRIME Z270-P
ASUS PRIME Z270-K
EVGA Z270 Stinger
GIGABYTE GA-Z270XP-SLI
MSI B150M ARCTIC
MSI B250M MICRO ATX (PRO OPT. BOOST EDITION)

***8TH GEN INTEL BASED MOBO'S - **\*
EVGA Z370 FTW
GIGABYTE Z370XP SLI (Rev. 1.0)
MSI Z370 SLI PLUS


***AMD RYZEN BASED MOBO'S - **\*
ASUS ROG STRIX B350-F GAMING
MSI B350 TOMAHAWK
MSI X370 GAMING PRO
ASROCK AB350M PRO4
______________________


RAM -

Way too many to list, nothing but 4 & 8GB DDR4 sticks and unfortunately, none are ECC so it's not even worth mentioning/listing these unless someone reading this is willing to barter. At which time I'd be obliged to send an itemized list or see if I have what they're/you're specifically looking for.\*
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THERMAL APPLICATIONS/FANS -
JUST FANS -
BeQuiet -
Pure Wings 2 (80mm)
Pure Wings 2 (120mm)
Pure Wings 2 (140mm)
Silent Wings 3 PWM (120mm)

NOCTUA -
PoopBrown - NF-A20 PWM (200mm) Specifically for the BIG "CoolerMaster HAF XB EVO" Case
GREY - NF-P12 Redux - 1700RPM (120mm) PWM
Corsair -
Air Series AF120LED (120mm)

CPU COOLING SYSTEMS -
NOCTUA -
NT-HH 1.4ml Thermal Compound
NH-D15 6 Heatpipe system (this thing is the tits)

EVGA (Extremely crappy coding in the software here, I'm like 99.99% these will be problematic if I were to try and use in any OS outside of Windows, because they barely ever work in the intended Windows as it is).
CLC 240 (240mm Water-cooled system
CRYORIG -
Cryorig C7 Cu (Low-Profile Copper Edition*)

A few other oversized CPU cooling systems I forget off the top of my head but a CPU cooler is a CPU cooler after comparing to the previous 3 models I mentioned.
I almost exclusively am using these amazing "Innovation Cooling Graphite Thermal Pads" as an alternative to thermal paste for my CPU's. They're not cheap but they literally last forever.

NZXT - Sentry Mesh Fan Controller
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POWER SUPPLIES (PSU's) -
BeQuiet 550W Straight Power 11 (GOLD)

EVGA -
750P2 (750W, Platinum)
850P2 (850W, Platinum)
750T2 (750W, TITANIUM - yeah baby, yeah)

ROSEWILL -
Quark 750W Platinum
Quark 650W Platinum

SEASONIC -
Focus 750W Platinum
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STORAGE -
HGST Ultrastar 3TB - 64mb Cache - 7200RPM Sata III (3.5)
4X Samsung 860 EVO 500GB SSD's
2X Team Group L5 LITE 3D 2.5" SSD's 480GB
2X WD 10TB Essential EXT (I'm cool with shucking)
+ 6X various other external HDD's (from 4-8TB) - (Seagate, WD & G-Drives)
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Other accessories worth mentioning -
PCI-E to 4X USB hub-adapter (I have a dozen or so of these - might not be sufficient enough &/or needed but again, 'worth mentioning' in case I somehow ever run out of SATA & USB ports and have extra external USB HDD's. Although, I'm sure there would be better suited components if I get to that point that probably won't cost all that much).
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Needless to say, I have at least 1X of everything mentioned above. In most all cases, I have multiples of these items but obviously won't be needing 2X CPU's, Cases, etc...

Naturally, I have GPU's. Specifically;

At least 1X of every. Single. NVIDIA GTX 1070 TI (Yes, I have every variation of the 1070 ti made by MSI, EVGA and Zotac. The only brand I don't have is the Gigabyte line. My partners have terrible experience with those so I didn't even bother. I'm clearly not going to be needing a GPU for this build but again, I'm cool with discussing the idea of a barter if anyone reading this is in the market for one.

I also have some GTX 1080 TI's but those are already spoken for, sorry.

It's my understanding that select CPU's I have on this list are ECC Friendly and AFAIK, only 1 of my MOBO's claims to be ECC Friendly (The ASROCK AB350M PRO4), but for the life of me, I can't find any corresponding forums that confirm this and/or direct me to a listing where I can buy compatible RAM. Just the same, if I go w/ the ASROCK MOBO, that means I'd be using one of the Ryzens. Those are DEF. power hungry little buggers. Not a deal-breaker, just hoping to find something a little more conservative in terms of TDP.


In closing, I don't really need someone to hold my hand with the build part as much as figuring out which motherboard, CPU and RAM to get. Then I'm DEFINITELY going to need some guidance on what OS is best for my desired purpose. If building 2X Rigs makes sense, I'm totally open to that as well...
Rig 1 = EPIC NAS SYSTEM
Rig 2 = EPIC PFSENSE (or the like) DEDICATED FIREWALL

Oh, I almost forgot... The current routers I'm using are...
1X Netgear Nighthawk 6900P (Modem + Router)
1X Netgear Nighthawk X6S (AC 4000 I believe - Router dedicated towards my personal devices - no IoT &/or Guests allowed on this one)
1X TP-Link Archer C5 (Router). Total overkill after implementing the Nighthawks but this old beast somehow has the best range, plus it has 2X USB ports so for now, it's dedicated towards my IoT devices.
---- I also have a few other Wi-Fi routers (Apple Airport Extreme & some inferior Netgear's but I can only allocate so many WiFi Routers to so many WiFi channels w/out pissing off my neighbors) On that note, I have managed to convince my neighbors to let me in their house/WiFi configuration so we all have our hardware locked on specific, non-competing frequencies/channels so everyone's happy. :)


Please spare me the insults as I insulted myself throughout this entire venture. Part of why I did this was because when I was a kid, I used to fantasize about building a 'DREAM PC' but could never afford such. To compensate for this deficiency, I would actually print out the latest and greatest hardware components on a word document, print the lists up & tape to wall (for motivation). I was C++ certified at the age of 14 and built my first PC when I was 7. At the age of 15 I abandoned all hope in the sector and moved on to other aspirations. This entire ordeal was largely based off me finally fulfilling a childhood fantasy. On that note = mission accomplished. Now if I'm actually able to fulfill my desires on this post, I'm definitely going to feel less shitty about blowing so much money on all this stuff over the last couple years.

TIA for assisting in any way possible. Gotta love the internets!


THE END.
:)

EDIT/UPDATE (5 hours after OP) - My inbox is being inundated with various people asking for prices and other reasonable questions about my hardware being up for sale. Not to be redundant but rather to expound on my previous remarks about 'being interested in a bartetrade' with any of you here...

I did say I was going to sell my gear on eBay in the near future, I also said I wanted to trade/barter for anything relative to helping me accomplish my OP's mission(s). I'm not desperate for the $$$ but I'm also not one of those people that likes to rip other people off. That said; I value my time and money invested in this hardware and I'm only willing to unload it all once I've established I have ZERO need for any of it here in my home first. Hence my writing this lengthy thread in an attempt to repurpose at least a grand or two I've already spent.

One of the most commonly asked questions I anticipate receiving from interested bodies is going to be "How hard were you on your hardware?" Contrary to what anyone else would have probably done in my scenario which is say they were light on it whether they were or weren't, I documented my handling of the hardware, and have no problem sharing such documentation with verified, interested buyers (WHEN THE TIME COMES) to offer you guys peace of mind.

I have photo's and video's of the venture from A-Z. I am also obliged to provide (redacted) electricity bill statements where you can correlate my photo's (power draw on each rig), and also accurately deduct the excess power my house consumed with our other household appliances. Even taking into consideration how much (more) I spent in electricity from keeping my house at a constant, cool 70-72F year-round (via my Nest thermostat). Even without the rigs, I keep my AC @ 70 when I'm home and for the last 1.5-2 years, I just so happened to spend 85% of my time here at my house. When I would travel, I'd keep it at 72 for my wife & kids.
Additionally; I had each GPU 'custom' oveunderclocke'd (MSI Afterburner for all GPU's but the EVGA's).*
I doubt everyone reading this is aware so this is for those that don't.... EVGA had the brilliant idea of implementing what they call "ICX technology" in their latest NVIDIA GTX GPU's. The short(est) explanation of this "feature" goes as follows:

EVGA GPU's w/ "ICX 9 & above" have EXTRA HEAT/THERMAL SENSORS. Unlike every other GTX 1070 ti on the market, the one's with this feature actually have each of 2/2 on-board fans connected to individual thermal sensors. Which means - if you were to use the MSI Afterburner program on one of these EVGA's and create a custom fan curve for it, you'd only be able to get 1/2 of the fans to function the way intended. The other fan simply would not engage as the MSI Afterburner software wasn't designed/coded to recognize/ communicate with an added sensor (let alone sensor'S). This, in-turn, would likely result in whoever's using it the unintended way having a GPU defect on them within the first few months I'd imagine... Perhaps if they had the TDP power settings dumbed down as much as I did (60-63%), they might get a year or two out of it since it wouldn't run as near as hot, but I doubt any longer than that since cutting off 50% of the cooling system on one of these can't be ignored too long, surely capacitors would start to blow and who knows what else...
(Warning = RANT) Another interesting side-note about the EVGA's and their "Precision-X" OveUnderclocking software is that it's designed to only recognize 4X GPU's on a single system. For miners, that's just not cool. My favorite builds had 8X and for the motherboards that weren't capable of maintaining stable sessions on 8, I set up with 6X. Only my EVGA Rigs had 3 or 4X GPU's dedicated to a single motherboard. Furthermore, and as stated in an earlier paragraph, (& this is just my opinion) = EVGA SOFTWARE SUCKS! Precision X wasn't friendly with every motherboard/CPU I threw at it and their extension software for the CLC Close-Loop-Cooling/ CPU water-coolers simply didn't work on anything, even integrating into their own Precision-X software. The amount of time it took me to finally find compatible matches with that stuff was beyond maddening. (END RANT).
Which leads me to my other comments on the matter. That's what I had every single 1070 ti set at for TDP = 60-63%. Dropping the power load that much allowed me to bring down (on average) each 1070 ti to a constant 110-115W (mind you, this is only possible w/ "Titanium" rated PSU's, Platinum comes pretty damn close to the Titanium though) while mining Ethereum and was still able to maintain a bottom of 30 MH/s and a ceiling of 32 MH/s. Increasing the TDP to 80, 90, 100% or more only increased my hashrates (yields) negligibly, like 35-36 MH/s TOPS, which also meant each one was not only pulling 160-180W+ (Vs. the aforementioned 115'ish range), it also meant my rigs were creating a significantly greater amount of heat! Fortunately for the GPU's and my own personal habits, I live in South Florida where it's hot as balls typically, last winter was nothing like this one. Increasing my yields by 10-15% didn't justify increasing the heat production in my house by >30%, nor the added electricity costs from subjecting my AC handlers to that much of an extra work-load. For anyone reading this that doesn't know/understand what I'm talking about - after spending no less than 2-3 hours with each. and. every. one. I didn't play with the settings on just one and universally apply the settings to the rest. I found the 'prime' settings and documented them with a label-maker and notepad. Here's the math in a more transparent manner:

*** I NEVER LET MY GPU's BREACH 61C, EVER. Only my 8X GPU rigs saw 60-61 & it was the ones I had in the center of the build (naturally). I have REALLY high power fans (used on BTC ASIC MINERS) that were sucking air from those GPU's which was the only way I was able to obtain such stellar results while mining with them. **\*
Mining at "acceptable" heat temps (not acceptable to me, but most of the internet would disagree = 70C) and overclocking accordingly brings in X amount of yields per unit. =
'Tweaking' (underclocking) the GPU's to my parameters reduced my yield per unit from -10-15%, but it SAVED me well over 30-35% in direct electricity consumption, and an unknown amount of passive electricity consumption via creating approximately 20%+ less heat for my AC handler to combat.

I say all this extra stuff not just for anyone interested in mining with their GPU's, but really to answer (in-depth) the apparent questions you people are asking me in PM's. Something else that should help justify my claims of being so conservative should be the fact I only have/used "Platinum and Titanium" rated PSU's. Heat production, power efficiency and longevity of the hardware were ALWAYS my top priority.* . I truly thought Crypto would continue to gain and/or recover and bounce back faster than it did. If this project had maintained positive income for 12 months+, I'd have expanded one of our sites to also cater to GPU mining on a gnarly scale.

Once I have my NAS (& possibly 2nd rig for the firewall) successfully built, I'll be willing/able to entertain selling you guys some/all of the remaining hardware prior to launching on eBay. If there's something you're specifically looking for that I listed having, feel free to PM me with that/those specific item(s). Don't count on an immediate response but what you can count on is me honoring my word in offering whoever asks first right of refusal when the time comes for me to sell this stuff. Fortunately for me, PM's are time-stamped so that's how I'll gauge everyone's place in line. I hope this extra edit answers most of the questions you guys wanted to have answered and if not, sorry I guess. I'll do my best to bring light to anything I've missed out on after I realize whatever that error was/is. The only way anyone is getting first dibs on my hardware otherwise is if they either offer compelling insight into my original questions, or have something I need to trade w/.

THE END (Round#2)


submitted by Im-Ne-wHere to buildapcforme [link] [comments]

Back to the Future: 2014 Bitcoin increase, market Crash, and GPUs flood the market.

Image a world, where Bitcoin hits a new ATH of 1,000 USD! A new coin emerged, Litecoin. Using a new Algorithm called SCRYPT which makes GPU mining profitable and a thing again!
The story starts in January 2014. AMD Just released it's newest GPU, the R9 290X in late Oct. this thing a monster of a GPU, extremely powerful! A GPU mining crazy has just hit the internet and waves of Tech people are making mining farms to mine Crypto. AMD GPU's are priced at premiums with 290's/290x's OOS or for sale upwards of $700, $200 over MSRP. Everyone is gulping up used AMD GPUs. Ebay is awash with GPUs selling over MRSP even used ones!
I was there, I started out mining Litecoin to Litecoinpool.org, I had 3 Rigs I slapped together in crate boxes. Mixature of 7970/7950/7850's and a single a 4 GPU R9 290x rig (over 1400w!!!) using AMD AM3+ Motherboards and CPU's running Windows 8. I even near the end had a 750ti Rig, the new Maxwell, efficiently mining SRCYPT. I'm glad i lived in WA at the time The electric bill wasn't bad at all maybe 200-300 a month. I lived in Ellensburg getting that sweet Wind farm Electric rate. I Remember this time as I struggling to learn mining, overclockings for mining, and rig stability. In the short period I did this February 2014 to May of 2014 I made 48 Litecoins. This was a fun period for me because I loved messing with the hardware and GPUs even made decent profits from selling used hardware because it became such a premium then. In the end I quit mining and sold all my hard around May/June. Then moved back to CA to live with my mom to help support her after she lost her job and couldn't find work. I sold off my entire small operation. In the end the Market crashed, MT GOX was hacked millions of Bitcoin lost, and SCRYPT ASICs were released. I stopped paying much attention to the crypto-sphere and just HODLed the small Bitcoin that I had traded from the Litecoin I earned. Bitcoin dropped down to $200 by the end of that year.
All in all I just want everyone to take in the fact that this exact, I repeat EXACT, thing has happened before in the long forgotten past of 2014. Yet everyone is making it out like its some crazy big deal? every crypto is still at high comparing to previous years, GPUs have declined in price because mining has died down, and ASICs are coming out for almost every Algo.
To those of you still mining, keep on my brother! If I had kept mining, or kept on eye on the crypto sphere rather than walking away like most are right now, I could mined Etherum back in the early days of 2015 and now could of been extremely well off. Now, that im in it again and this time with more foresight and readiness. I'm here to stay through this rough times. hopefully to come out to see the otherside. I Only started(again) in june 2017 so I was late for this "gold rush" but mark my words the massive "Gold rush" for crypto has yet to come...
Some Articles back then
https://wccftech.com/gpu-miners-crash-2014-arrives-graphic-card-market-shrinking-fall-40/
https://www.ccn.com/amd-devastated-mining/
https://www.coindesk.com/litecoin-radeon-shortage/
TLDR: History repeats itself.
submitted by Xazax310 to gpumining [link] [comments]

If you get caught selling Bitcoin hardware on eBay, Paypal will "sever business relationships with you".. read:

Just got this email from Paypal since I had in-hand actual Bitcoin miners for sale on eBay:
Hello [name removed],
We have reviewed your PayPal account and found that you are selling bitcoin mining machines. Per our current Acceptable Use Policy for Money Service Businesses, PayPal may not be used to operate a currency exchange, bureau de change or check cashing business including the sale of bitcoins, bitcoin mining units, and other related bitcoin products.
To continue using your PayPal account, we need some additional information from you. Keep in mind that we have placed a limitation on your PayPal account, and this limitation will remain until we receive and review this information. Please provide us with the following:
• A brief affidavit stating that you understand and will comply with PayPal's terms and conditions. • The type of payments you will send and receive, including the type of goods or services you will accept payments for in the future.
Below you will find suggested affidavit language. Please make sure that the requested affidavit is signed and notarized.
I the undersigned do affirm that I understand and will comply with PayPal's policy regarding the use of PayPal Accounts to sell e-currency, such as bitcoins, bitcoin mining units, and other related bitcoin products. I understand that PayPal may not be used to sell e-currency, such as bitcoins, bitcoin mining units, and other related bitcoin products. I further affirm that any further detected violation of the policy may result in the immediate closure of, or restriction to access to the account.
Please log in to your account and go to the Resolution Center to find out what you need to do. Your account will remain limited until the issue is resolved.
Additionally, in the future, if we find that your account is selling bitcoin products, we will need to sever our business relationship with you.
We look forward to hearing from you and thank you for choosing PayPal as your business partner.
Sincerely, Mike PayPal Compliance Department PayPal, an eBay Company
Please do not reply to this email address as it is not monitored and we will not receive your response. You can get in touch with us by clicking "Contact Us" at the bottom of any PayPal page.
Copyright © 1999-2013 PayPal. All rights reserved.
edit: vernes1978 says..
Please add a link in your OP to this comment. http://www.reddit.com/Bitcoin/comments/1iyzkg/if_you_get_caught_selling_bitcoin_hardware_on/cb9sovr
submitted by bitcointrading to Bitcoin [link] [comments]

(Followup) Paypal just froze over $70,000 in my account - Say they won't return it for 180 days.

A few months ago I posted on http://www.reddit.com/Entrepreneucomments/1rkkd7/paypal_just_froze_over_70000_in_my_account_say/ talking about Paypal freezing around $70,000 in pre-orders for my bitcoin mining equipment.
This was done around the end of November when I created the thread, and I wanted to update and let everyone know what happened in detail after the post.
On November 24th, we launched a new pre-order for a preety cool product relating to bitcoin mining called the Red Fury. At the time of the release, the device had a street value of anywhere from $175 to $250 per unit. We had been working with this factory for a while and locked in a fantastic price that would allow us to pre-sell them with a 1 month lead time for only $100 per device to our customers.
Our pre-order was met with fantastic success since we were undercutting the average price by more than $100 per unit. We sold over $40,000 in less than 3 days. This is when paypal not only froze our account, but reversed all the ACH withdraws to our business checking, which put us at the $70,000+ figure, as we had over $20,000 in sales prior to the pre-order launch.
At this point we took to reddit, twitter, and started tagging the president of Paypal on his twitter account. It was pretty successful and within just a day we got a call from one of the department managers at paypal who informed us the president had assigned her to the case.
By this point, we had no money from paypal, and still had to commit to wiring the money for the hardware to the factory. The best strategy we came up with was to quickly sign up with a second party processor (Chase payments) and authorize.net to accept credit card payments once again to hopefully get some capital. It was very, very successful for us to use that route as we resumed nearly $80,000 in sales over the course of a week or two. Unfortunately Chase after a while decided that all pre-orders & bitcoin equipment were suddenly high risk and they froze the account. The difference here was that they froze around $20,000 in the account and gave us the remainder.
Thankfully, between the chase payments and a few SBA loans we were able to secure in the mean time, we were able to meet our commitment in payments to the factory. We had already secured a relationship that would allow us to pay for the hardware prior to fabrication on their end.
After much arguing with paypal, on December the 14th they released around $14,000 to our bank account. We had nearly $30,000 in hardware sales prior to the pre order that still we were owed on, but were willing to settle on the $14k due to us being desperate for additional capital since we had almost no operating budget for other inventory that wasn't pre-order.
That same day we received a notice from the factory that fabrication would be delayed another 10 days from the 15th to the 25th. We sent a email blast to all buyers informing them of the move, through this whole time, anyone who wanted to cancel could do so without any loss or fee.
December 25th came and the factory notified us they shipped the hardware out to us. It finally was in our hands January the 4th.
From the 4th through the 8th or so, we managed to ship out all our pre-orders which was something along the lines of 500+ packages.
After this was completed, we had to manually enter all the tracking information to paypal, since they do not integrate shipping data with 3rd parties (They work with ebay, but no one else). The day after this we called them and they told us they would not release the money till EVERY order was received by customers, even the ones outside of the US who had chosen the slowest shipping methods. We complained greatly about this since even though a minority of orders were international, it would still hold up payments.
A week later they called us letting us know they reversed their decision, and would release $40k of the $50k in the account. They would retain the $10k until the international orders were received.
Well, today is February the 11th and they informed us last night that they would release the remaining $10,000 to the account which then could be sent to our bank.
The rep at paypal informed us that we had received little to no complaints from customers about their orders, one chargeback did occur in the amount of $800, and this was the only one over all payment platforms through the months of Nov-Jan among our customers.
So, what were the lessons learned? Never, ever use paypal for orders, or money that you're willing to have frozen for a few months. Thankfully we were profitable in the end, but we lost a great deal of money due to opportunity loss.
One of the biggest questions/suggestions we've had was to accept bitcoin as the alternative to paypal, which we have been doing since October, however it accounts for less than 20% of all payments (Including the time where it was the only processing type on our site). We also accept most major types of alternative cryptos (Litecoin, megas, dogecoins, ect) for hardware, which then accounts for about 25%-30% of the volume of bitcoin. We do love using bitcoin over paypal and credit cards, but customer utilization just isn't high enough yet to completely supplant credit cards yet.
submitted by schockergd to Entrepreneur [link] [comments]

Bitcoin Mining Rig-Maker Holds 'Fire-Sale' After Hash-Rate Collapses Again

Despite the collapse of the cryptocurrency market in 2018, the Bitcoin mining hash rate has positively diverged for most of the year.
However, as we first reported on Nov. 20, a turning point developed from Aug. 27 to Nov. 01 that would ultimately reverse the direction of the hash rate and sparked crypto fears that Bitcoin mining has become unprofitable for many.
According to Autonomous Research LLP. Fundstrat Global Advisors LLC., there is consolidation among miners that perform complex calculations to generate the digital currency after the recent plunge rendered many of them unprofitable. Fundstrat notes that 100,000 individual miners have been shut down in the last several months as mining operations go bust.
“We are entering in the phase when there’s a flushing out of the market,”said Malachi Salcido, head of Wenatchee, Washington-based Salcido Enterprises, which has one of the largest mining operations in North American with 22 megawatts of power deployed and 20 megawatts in development.
“There will be relatively few operations that come out the other side.”

According to Bloomberg, most mining operations are profitable above Bitcoin $4,500. Price has not closed above that level since Nov. 21. This time last year, Bitcoin traded in the $16,000 to almost $20,000 range.

Salcido told Bloomberg that only a few miners could afford to stay in the game. He said margins before costs like depreciation and taxes dropped from about 40% to 20% during the slide in hash rate, but margins jumped back up to 40% as smaller rivals closed shop.
According to Lex Sokolin, the London-based global director of fintech strategy at Autonomous, said the hash rate had collapsed 36% from its peak in August, problem-solving difficulty has dropped about 10%, making it easier for mining rigs that have weathered the storm to earn Bitcoins.
According to the data from Blockchain.com, the difficulty to mine bitcoin and the hash rate has both declined by over 15%, the second biggest drop in Bitcoin's 10-year history. The first plunge occurred in 2011, as the rate plunged 18%.
While that is great news for big miners, the consolidation increases huge risks for traders and HODL community vested in the network’s success. With fewer mining operations, there is a chance that several miners could partner together to execute a so-called 51% attack, according to Ryan Selkis, co-founder of crypto researcher Messari. In such a maneuver, controlling miners can reverse transactions and stop new ones from confirming -- potentially making off with billions in other people’s money.
With millions of mining rigs being deleveraged from the network, we must ask one question: where do old rigs end up?
In short, it seems like many have ended up on eBay:



And worse still, RT reports that the world’s second largest bitcoin mining hardware maker has held a flash sale of its products to “celebrate” the recent crash of the most popular cryptocurrency, while minor players are being squeezed from the market.

The belated Black Friday was announced by Chinese company Canaan Creative, which was behind the first bitcoin mining ASICs, last week. Speaking to CoinDesk, a representative of the firm, Steven Mosher, saidall the company’s miners can be purchased for $200 each until stock depletion.
As crypto prices plunge, Canaan Creative considered the situation as a way of cheering on a new period in the cryptocurrencies development and the right time “to celebrate” being “at a bottom.”
“I’m looking and I see [bitcoin] rebound, it’s up to $4,300 and my thinking was, I’m going to celebrate. Usually if [bitcoin] goes up, we would put prices up. Well, I thought I’m going to try something different,” Mosher told CoinDesk.
Mosher also stressed that it’s a kind of test to see who can do business in the highly volatile market, saying they want “big miners” to stay “committed and hopeful.”
submitted by rotoreuters to zerohedge [link] [comments]

To all the businesses and consumers that think that Paypal now support sales of digital currency... they really don't.

I've been getting more and more worried with the businesses here that are posting sites offering instant coins for Paypal, claiming that Paypal are okay with it.
I have been on and off the phone with a compliance officer constantly over the past couple of weeks, I have spoken to senior management, I have spoken to supervisors, I have spoken to agents.
https://twitter.com/AskPayPal/status/458363274296193024
The agent responsible for that tweet also confirmed with compliance before posting it.
All of them have categorically stated, "not allowed".
eBay may indeed now allow sales of digital currency, but Paypal does not. Paypal terms still prohibit currency exchange, and for now, this is what they quantify Bitcoin, Dogecoin, etc as.
To businesses selling coins for Paypal (Coinman Sachs, and the other sites constantly popping up), unless you have it in writing from their legal and compliance team, you are actively breaching their terms and are risking having your account permanently banned. And by risking, I mean it's only a matter of time.
It doesn't matter if a basic agent told you something. It doesn't matter if you have an email, or recorded a phone call. Unless you have it in writing from their compliance team, you are in active breach of their terms (as their terms still expressly prohibit it).
You are welcome to sell hardware associated with digital currency (e.g. mining equipment), but this is essentially it with Paypal for now.
submitted by moolah_ to dogecoin [link] [comments]

What Makes Particl Marketplace Better Than its Competition

What Makes Particl Marketplace Better Than its Competition
Every once in a while, this questions pops out:
What makes Particl stand out from its competition, and why is it better?
I thought I'd make a quick rundown on my opinion on the matter!

Private-by-Design? Built With Privacy in Mind from the Ground Up!

Unlike all of its competition, Particl is built from the ground up to be entirely private/anonymous, following the true crypto roots. To accomplish this difficult prowess, it uses several methods to keep its users within an optimal privacy environment, such as the RingCT and CT privacy protocols, metadata stripping, IP address anonymization through Tor (and many more protocols in the future, including Dandelion++), private escrow system with no intermediate, encrypted and private messaging (using SMSG and eventually more scalable and leading-edge DSNs such as Loopix, IPFS, and etc), and much more. With all the data leaks and hacks, privacy is becoming more and more mainstream (link to case for privacy).
Furthermore, we all see that the government and big companies have developed very effective blockchain tracking software that makes tracking public cryptocurrency transactions quite trivial. Indeed, it may be just as bad in terms of privacy to use a public blockchain than say, a bank or payment processor. This is why having a product built with privacy in mind right from the start (vs patching privacy into a non-private blockchain) is extremely important. Every day, the "if you have nothing to hide, you don't really need privacy" kind of thinking is becoming obsolete as people realize just how much privacy is important even for "good behaving" people. Plus, there is definitely some kind of people that do require a more private environment, which they’ll want to use a solution that’s been designed with this as a prime aspect.

But why does that even matter?

As broken down in an earlier article of mine, privacy is becoming a hot subject in the mainstream world. Gone are the days where privacy was associated to people who had “things to hide”.
In light of the recent and now too regular cyber attacks on tech giants like Equifax, Facebook, Deloitte, Yahoo, FedEx, Uber, Under Armour or even Pizza Hut, the poor communication and, even in some cases, cover-up of the unfortunate facts, the public confidence towards the tech industry has been severely eroded within the last couple of years. -The Case for Privacy in the Tech Industry
Breaches of personal data are becoming far too common, and a good solution to fight this issue is to stop sharing your data with big companies that do not respect your private life. However, opting for blockchains instead can be just as bad, if not worse, than relying on trusting a big corporation. Why you ask? Because blockchains are usually open for all to see by default. Indeed, transactions on public blockchains are getting easier to track by the day, and for vendors and buyers alike, this isn’t good. Buyers obviously don’t want everyone to know what they’re buying and just how many coins they hold, information that could be obtained simply by analyzing a decentralized marketplace based on a public blockchain. Vendors, on the other hand, do not want anyone to analyze their sales data, statistics, and revenues.
Particl is built as a private-by-default marketplace, meaning that users do not need to go through several steps to protect their personal data. Everything happens automatically, under the hood, and as smoothly as you would expect from a public blockchain.

Built as a 100% Decentralized & Trustless Solution

Another advantage is that the Particl Marketplace is designed as a 100% decentralized and trustless solution, which most of its competitors aren’t. Just as an example, Syscoin's Blockmarket interface is closed-source and moderated by Syscoin staff. Escrows on Syscoin are arbitrated, meaning there needs to be someone acting as escrow agent in case a deal turns sour. This can quickly lead to bias, collusion, or other similar types of issue born from the simple fact that a third-party basically has full power over the settlement of a dispute. Talking to various vendors, this quickly becomes an issue for vendors on eBay, for example, because eBay/Paypal will most of the time side with the buyer, even when it shouldn’t.
On Particl Marketplace, there is literally no counter-party at play. The escrow is based on smart-contract functionalities and uses the MAD game-theory to keep both parties honest, no moderator required to settle disputes. The marketplace itself will be entirely governed by the community, making sure no person or group of person is held liable for the content published on it or collude with either vendors or buyers. This is much closer, in my personal opinion, to the original, crypto-anarchist vision and reason of why Bitcoin was created in the first place.
Fun fact, did you know that Satoshi Nakamoto had started working on a 100% trustless and decentralized marketplace and that there was even some code about it in some Bitcoin's repository?

Much Better & Intuitive User Interface

Particl has a beautiful UI/UX that is built with accessibility and ease-of-use in mind. This top of the line wallet looks modern, slick, and is very easy to understand as well as being very smooth and responsive. The same can’t be said of most wallets in the crypto sphere, most of them being far too geeky or barebone to be used by mainstream, non-crypto users.
Additionally, Particl plans on developing a web & mobile interface at some point in the future, which they already have a good idea of how they would go about it. In order to break into the mainstream, the marketplace will need to be as easy to use as any other online eCommerce platform, therefore a web and mobile interface are absolutely required. While this isn’t currently part of the roadmap, it certainly is a milestone the team plans on tackling after the mainnet release of Particl Marketplace.
Particl Marketplace Alpha:
https://preview.redd.it/7rmg7ag8kvl11.png?width=2880&format=png&auto=webp&s=3aec9d487c8e154359b81f169cf2e4aa7e30e477

The Coin Actually Makes Sense to Hold

The Particl coin is one of many perks. While it currently still is at the mercy of speculators, it is designed to eventually decouple from the speculation and get its value organically through the demand the marketplace will generate for it.
It first serves as a privacy coin, with CT already on mainnet and RingCT on testnet (currently being academically reviewed by the NJIT Dept. of Technology). Particl is indeed the first coin ever to modify RingCT, the privacy protocol made popular by Monero, so that it could be implemented on top of the Bitcoin codebase (or any codebase other than Cryptonote, for that matter). This implementation will unlock RingCT’s potentialby making it possible to be used in smart-contracts and decentralized applications as well as over the Lightning Network (that of which Particl is working on), atomic swaps and advanced multi-signatures. We all know how Monero is a great privacy coin, and Particl is actually taking it a bit further by adding utility features to this great privacy protocol (RingCT) and supporting it with a truly decentralized infrastructure. Imagine if Monero, in all its greatness, could have its own marketplace that cannot be shut down or censored…That alone is a huge reason why Particl is a great coin to hold.
It can also be used as a nice passive income source . Indeed, you can cold stake your PART coin using PPoS (Particl Proof-of-Stake, which has cold staking and hardware cold staking (cold staking on Ledger Nano S) enabled) and make a minimum of 4% yearly interest (that decreases over time until it stabilizes at 2% in 2 years). On top of that, stakers will earn 100% of the listing fees, as well as transaction fees, and of course, all revenue derived from the other Particl dApps. One thing that is often overlooked is how Particl is a decentralized application platform, but doesn’t offer tokens. This ultimately means users looking to use Particl’s applications generate demand for the PART coin, even though the Particl platform is designed to accept almost any coin and (eventually) more traditional means of payments.
The Particl coin is also used as "gas" required to run Particl smart-contracts and is used as the de facto currency in the Particl Marketplace. In fact, Particl Marketplace does accept almost any coin , either through the use of atomic swaps (already on mainnet since 2017) or through third-party implementations (i.e. Changelly). The “catch” though is that the escrow needs to use PART to keep users private (because it requires RingCT and the escrow actually is a Particl smart-contract), so even when shopping on the marketplace using Bitcoin or your favorite coin, they end up being automatically transferred into Particl with no extra step required by the user. In other words, even using other coins to purchase items off the marketplace generates demand for the PART coin.
Finally, but not least, PART coins also grant users moderation powers over the Particl Marketplace as well as the ability to vote on any community proposal through the decentralized governance system. In fact, no central authority, company, or team has moderation powers over the marketplace. Particl instead delegates that power to the very community using the platform. This is a much more scalable (no need to hire staff), secure (no legal liability put on moderators), and fair (the very users of the marketplace are the one with the power to steer the ship) way to do it.

Particl is Much More Than a Decentralized Marketplace

In the end, Particl is actually much more than just a marketplace, it is a full-blown privacy-focused dApp platform. Indeed, the team has put in its roadmap the release of a developer SDK toolkit which will allow any developer out there to easily build their own application on Particl. Whether it be a social media/Twitter-like application, a decentralized gambling Dapp, or even the addition of a penny auction section to Particl Marketplace, the SDK will truly allow the network to grow into much more than just a decentralized marketplace.
The goal here is not to directly compete with other smart-contract platforms like Ethereum, it’s more about being a decentralized platform where dApps can all be interacted with directly from the wallet in order to create something akin to perhaps an operating system. Imagine the wallet (Particl Desktop) as an Android OS and each Particl dApps as Android applications. The Particl Desktop wallet is kind of like the wrapper which contains the dApps that make the Particl decentralized economy, and these applications are designed to fit right into it in a very intuitive and user-friendly fashion (in contrast to other Dapp platforms which are generally pretty barebone).
One of Particl's goal is to take crypto a step further by not only decentralizing currency, but also to decentralize the entire infrastructure surrounding said currency (and that, obviously, includes the eCommerce infrastructure on which the coin can be spent).

Top-Tier Development Team

The Particl development team is definitely a top-tier team. They are indeed ranked 6th in one of the most thorough code quality review ( https://medium.com/darpalrating/darpalrating-github-audit-for-200-blockchain-projects-march-2018-3c6b839abdaa ) that did review up to 200 coins (in comparison, Syscoin is currently ranked 36th, BitBay is 192nd, Safex is not even active enough to be ranked). The code quality review takes a lot of things into account, and disregards community and marketing, solely focusing on the code itself. This is something the Particl team is extremely proud of! Indeed, the Particl team was the first reach accomplish many achievements such as true cold staking, hardware cold staking (Ledger + cold staking), first blockchain to be natively implemented with Segwit, first to implement the RingCT and CT protocols on top of the Bitcoin codebase, and always the first to update it's codebase (currently on 0.16.0.2 with 0.17 ready on testnet) to the latest Bitcoin Core version (after Bitcoin itself, of course). They have had a lot of other accomplishments as well, though they were not the first to execute them. It is, overall, a very talented team that is not afraid to push the limit while never sacrificing privacy, security and decentralization.
To see the incredible development work made over time, watch the Github visualization videos included in this blog post: https://particl.news/particl-development-timeline-video-520d8f9c0513
Particl Project Development Timeline

Many Decentralized Marketplaces Could and Probably Will Co-Exist

As we are seeing with privacy coins right now, a lot of them are identical or almost identical, yet each of these coins has their own dedicated community. Same thing with eCommerce platforms. We have Amazon, Alibaba, eBay, Etsy, and etc…all co-existing and making profits within their own community or niche. I think we'll see the same happen with decentralized marketplaces. Wise vendors won't limit their business to one platform, as that would end up limiting their potential customer base. Instead, I see many decentralized marketplaces all co-existing and all sharing a share of the decentralized marketplace industry. This is not a winner take all kind of scenario, as long as a marketplace can offer good features, good UI/UX, low or no fees, and of course, products for sale AND customers, these platforms stand a chance to survive even though they are not alone in this space.
What I do find very interesting in Particl compared to other decentralized marketplaces is how its native coin is designed to be scarce and in high demand. As such, even a small volume of marketplace transactions could increase the value of Particl considerably. That is because:
  • Users will generate demand for the coin when making purchases (even if they use another coin)
  • More coins get locked up for a certain period of time in escrow. In reality, up to three times the value of an item can end up locked up in escrow as the buyer needs to pay for the item + make a security deposit while the vendor also has to put a security deposit. Escrow lockups can last from minutes, to hours to days and weeks, depending on the specific context and use-case.
  • A great portion of the coins are locked up in staking (can be transferred out at any time, but while they are staking they are effectively out of circulation) as the passive income gained from the process becomes very interesting when the marketplace gets transactions volume since stakers get 100% of the listings fees and other Dapp revenues. Currently, around 36.6% of the entire supply is out of circulation and being staked. Many in the community expects this amount to increase as the marketplace gets traction. Note that there is no minimum amount of PART required for staking, thus anyone can stake and receive rewards. That is even more true with the coming staking pool currently under development that will allow even the smallest of holders to stake their funds and receive smaller but more recurrent rewards.
  • Users are not forced to use PART, they can use their favorite cryptocurrency. Ultimately, non-PART transactions are still settled in PART in the background, generating demand for the coin. Particl indeed aims at attracting other communities to its platform and offer a use-case to any coin. It doesn’t mean its native coin PART cannot be positively impacted from this!
The four points above are why I believe that, even though many decentralized marketplaces will most probably end up all splitting shares of the same pie, even a low volume of transactions on Particl would probably end up naturally increase the price of the coin. No speculation needed when it takes off! This is one of the biggest reason I got into Particl instead of its competitors (their coins don’t have such good economics, not that I know of at least).

Third-Party Building on the Particl Protocol (Mubiz)

Another big thing about Particl too is that Mubiz, a decentralized marketplace aggregator and web gateway, is actually working on implementing the marketplace. What this means is that Mubiz will render the marketplace available on the web only a few days after its initial release and will offer its customers a whole array of services not readily available on Particl Desktop. These services include escrow management on behalf of the user (read…no need to deal with the escrow, all in the background and the user experience is no different than eBay), customer support & product returns, shipping management (vendors can ship their products to Mubiz), traditional means of payments (credit/banking cards, eventually Paypal and other fiat payment methods), reviews, SEO for listings, and etc.
Mubiz currently only operates with OpenBazaar, and Particl will be the second marketplace they’ll be hosting on their platform. They mentioned in an interview I conducted with Albin, Mubiz’s Founder, that they had identified issues with OpenBazaar (since it’s the first decentralized marketplace ever, it does have flaws that can be improved upon) that were not present or that were fixed with Particl, hence why they’ve decided to integrate the marketplace into its platform.
Mubiz is, in my opinion, going to provide a crucial set of services that will make Particl as easy to use as eBay or Amazon. The only difference? Vendors will be making more money (they will make 100% of the sales proceeds), in turn allowing them to lower their prices to score more sales and outplay their competitors. The end result is more profits for the vendor, more sales, and cheaper prices for the customer. Surely this should be an attractive solution for most?
What’s your biggest reason why you think Particl stands out from its competitor? I most probably forgot some stuff in there, so curious to see what you all think!
submitted by CryptoGuard to Particl [link] [comments]

Chase just killed my Bitcoin-related business account

Hi everyone,
Just a heads up for those that may be interested, or run a business related to Bitcoin mining or deal with purchasing currency from CoinBase, CampBX, or anywhere else in high volumes.
I just got a letter today in the mail that they were terminating my account in 2 months. My funds have not been frozen (thank God). No reason was given, and that they were simply "terminating the agreement".
A little background on my business in case anyone wants to know metrics/what happened:
I started in April 2013 with mining and hardware sales. I've done probably about $200,000 USD in sales, in addition to offering products in crypto via a website. I've primarily dealt with Ebay, Amazon, and my webstore. Within the past few weeks, I had just signed an agreement with Chase PaymentTech to accept credit cards, so that arm of Chase wasn't privy to my business hitting a red flag or anything of that nature.
After a little bit of due diligence, it seems that Chase may be doing some sort of round of hitting businesses in higher-risk categories with termination. I cannot say that for certain, but I've seen some firearm dealers get hit with the same terminology. For what its worth, my local Chase branch is pretty POed about this, and I have a good relationship with them. They said that they've seen corporate hit businesses like this before for seemingly no reason.
Since I have two months, I'll be reviewing my options and probably going with a small, local credit union, assuming they can handle international wires.
I know the responses are "This is why you should use Bitcoin" - and I do. Thanks for reading. Make sure you're on the lookout for Chase to do this to you too!
submitted by mrstickball to Bitcoin [link] [comments]

What Makes Particl, a Relatively Unknown Project, Stand Out From its Competitors in the Decentralized Marketplace Sector?

What Makes Particl, a Relatively Unknown Project, Stand Out From its Competitors in the Decentralized Marketplace Sector?
Hey /talkcrypto! Just found your sub! I posted this on Particl's forum but thought I'd share a bit more :)
---
Every once in a while, this questions pops out:
What makes Particl stand out from its competition, and why is it better?
I thought I'd make a quick rundown on my opinion on the matter!

Private-by-Design? Built With Privacy in Mind from the Ground Up!

Unlike all of its competition, Particl is built from the ground up to be entirely private/anonymous, following the true crypto roots. To accomplish this difficult prowess, it uses several methods to keep its users within an optimal privacy environment, such as the RingCT and CT privacy protocols, metadata stripping, IP address anonymization through Tor (and many more protocols in the future, including Dandelion++), private escrow system with no intermediate, encrypted and private messaging (using SMSG and eventually more scalable and leading-edge DSNs such as Loopix, IPFS, and etc), and much more. With all the data leaks and hacks, privacy is becoming more and more mainstream (link to case for privacy).
Furthermore, we all see that the government and big companies have developed very effective blockchain tracking software that makes tracking public cryptocurrency transactions quite trivial. Indeed, it may be just as bad in terms of privacy to use a public blockchain than say, a bank or payment processor. This is why having a product built with privacy in mind right from the start (vs patching privacy into a non-private blockchain) is extremely important. Every day, the "if you have nothing to hide, you don't really need privacy" kind of thinking is becoming obsolete as people realize just how much privacy is important even for "good behaving" people. Plus, there is definitely some kind of people that do require a more private environment, which they’ll want to use a solution that’s been designed with this as a prime aspect.

But why does that even matter?

As broken down in an earlier article of mine, privacy is becoming a hot subject in the mainstream world. Gone are the days where privacy was associated to people who had “things to hide”.
In light of the recent and now too regular cyber attacks on tech giants like Equifax, Facebook, Deloitte, Yahoo, FedEx, Uber, Under Armour or even Pizza Hut, the poor communication and, even in some cases, cover-up of the unfortunate facts, the public confidence towards the tech industry has been severely eroded within the last couple of years.-The Case for Privacy in the Tech Industry
Breaches of personal data are becoming far too common, and a good solution to fight this issue is to stop sharing your data with big companies that do not respect your private life. However, opting for blockchains instead can be just as bad, if not worse, than relying on trusting a big corporation. Why you ask? Because blockchains are usually open for all to see by default. Indeed, transactions on public blockchains are getting easier to track by the day, and for vendors and buyers alike, this isn’t good. Buyers obviously don’t want everyone to know what they’re buying and just how many coins they hold, information that could be obtained simply by analyzing a decentralized marketplace based on a public blockchain. Vendors, on the other hand, do not want anyone to analyze their sales data, statistics, and revenues.
Particl is built as a private-by-default marketplace, meaning that users do not need to go through several steps to protect their personal data. Everything happens automatically, under the hood, and as smoothly as you would expect from a public blockchain.

Built as a 100% Decentralized & Trustless Solution

Another advantage is that the Particl Marketplace is designed as a 100% decentralized and trustless solution, which most of its competitors aren’t. Just as an example, Syscoin's Blockmarket interface is closed-source and moderated by Syscoin staff. Escrows on Syscoin are arbitrated, meaning there needs to be someone acting as escrow agent in case a deal turns sour. This can quickly lead to bias, collusion, or other similar types of issue born from the simple fact that a third-party basically has full power over the settlement of a dispute. Talking to various vendors, this quickly becomes an issue for vendors on eBay, for example, because eBay/Paypal will most of the time side with the buyer, even when it shouldn’t.
On Particl Marketplace, there is literally no counter-party at play. The escrow is based on smart-contract functionalities and uses the MAD game-theory to keep both parties honest, no moderator required to settle disputes. The marketplace itself will be entirely governed by the community, making sure no person or group of person is held liable for the content published on it or collude with either vendors or buyers. This is much closer, in my personal opinion, to the original, crypto-anarchist vision and reason of why Bitcoin was created in the first place.
Fun fact, did you know that Satoshi Nakamoto had started working on a 100% trustless and decentralized marketplace and that there was even some code about it in some Bitcoin's repository?

Much Better & Intuitive User Interface

Particl has a beautiful UI/UX that is built with accessibility and ease-of-use in mind. This top of the line wallet looks modern, slick, and is very easy to understand as well as being very smooth and responsive. The same can’t be said of most wallets in the crypto sphere, most of them being far too geeky or barebone to be used by mainstream, non-crypto users.
Additionally, Particl plans on developing a web & mobile interface at some point in the future, which they already have a good idea of how they would go about it. In order to break into the mainstream, the marketplace will need to be as easy to use as any other online eCommerce platform, therefore a web and mobile interface are absolutely required. While this isn’t currently part of the roadmap, it certainly is a milestone the team plans on tackling after the mainnet release of Particl Marketplace.
Particl Marketplace Alpha:

https://preview.redd.it/12asc65462m11.png?width=2880&format=png&auto=webp&s=b04d885f7cc5958a145e9b3e5ac4182324be533f

The Coin Actually Makes Sense to Hold

The Particl coin is one of many perks. While it currently still is at the mercy of speculators, it is designed to eventually decouple from the speculation and get its value organically through the demand the marketplace will generate for it.
It first serves as a privacy coin, with CT already on mainnet and RingCT on testnet (currently being academically reviewed by the NJIT Dept. of Technology). Particl is indeed the first coin ever to modify RingCT, the privacy protocol made popular by Monero, so that it could be implemented on top of the Bitcoin codebase (or any codebase other than Cryptonote, for that matter). This implementation will unlock RingCT’s potentialby making it possible to be used in smart-contracts and decentralized applications as well as over the Lightning Network (that of which Particl is working on), atomic swaps and advanced multi-signatures. We all know how Monero is a great privacy coin, and Particl is actually taking it a bit further by adding utility features to this great privacy protocol (RingCT) and supporting it with a truly decentralized infrastructure. Imagine if Monero, in all its greatness, could have its own marketplace that cannot be shut down or censored…That alone is a huge reason why Particl is a great coin to hold.
It can also be used as a nice passive income source . Indeed, you can cold stake your PART coin using PPoS (Particl Proof-of-Stake, which has cold staking and hardware cold staking (cold staking on Ledger Nano S) enabled) and make a minimum of 4% yearly interest (that decreases over time until it stabilizes at 2% in 2 years). On top of that, stakers will earn 100% of the listing fees, as well as transaction fees, and of course, all revenue derived from the other Particl dApps. One thing that is often overlooked is how Particl is a decentralized application platform, but doesn’t offer tokens. This ultimately means users looking to use Particl’s applications generate demand for the PART coin, even though the Particl platform is designed to accept almost any coin and (eventually) more traditional means of payments.
The Particl coin is also used as "gas" required to run Particl smart-contracts and is used as the de facto currency in the Particl Marketplace. In fact, Particl Marketplace does accept almost any coin , either through the use of atomic swaps (already on mainnet since 2017) or through third-party implementations (i.e. Changelly). The “catch” though is that the escrow needs to use PART to keep users private (because it requires RingCT and the escrow actually is a Particl smart-contract), so even when shopping on the marketplace using Bitcoin or your favorite coin, they end up being automatically transferred into Particl with no extra step required by the user. In other words, even using other coins to purchase items off the marketplace generates demand for the PART coin.
Finally, but not least, PART coins also grant users moderation powers over the Particl Marketplace as well as the ability to vote on any community proposal through the decentralized governance system. In fact, no central authority, company, or team has moderation powers over the marketplace. Particl instead delegates that power to the very community using the platform. This is a much more scalable (no need to hire staff), secure (no legal liability put on moderators), and fair (the very users of the marketplace are the one with the power to steer the ship) way to do it.

Particl is Much More Than a Decentralized Marketplace

In the end, Particl is actually much more than just a marketplace, it is a full-blown privacy-focused dApp platform. Indeed, the team has put in its roadmap the release of a developer SDK toolkit which will allow any developer out there to easily build their own application on Particl. Whether it be a social media/Twitter-like application, a decentralized gambling Dapp, or even the addition of a penny auction section to Particl Marketplace, the SDK will truly allow the network to grow into much more than just a decentralized marketplace.
The goal here is not to directly compete with other smart-contract platforms like Ethereum, it’s more about being a decentralized platform where dApps can all be interacted with directly from the wallet in order to create something akin to perhaps an operating system. Imagine the wallet (Particl Desktop) as an Android OS and each Particl dApps as Android applications. The Particl Desktop wallet is kind of like the wrapper which contains the dApps that make the Particl decentralized economy, and these applications are designed to fit right into it in a very intuitive and user-friendly fashion (in contrast to other Dapp platforms which are generally pretty barebone).
One of Particl's goal is to take crypto a step further by not only decentralizing currency, but also to decentralize the entire infrastructure surrounding said currency (and that, obviously, includes the eCommerce infrastructure on which the coin can be spent).

Top-Tier Development Team

The Particl development team is definitely a top-tier team. They are indeed ranked 6th in one of the most thorough code quality review ( https://medium.com/darpalrating/darpalrating-github-audit-for-200-blockchain-projects-march-2018-3c6b839abdaa ) that did review up to 200 coins (in comparison, Syscoin is currently ranked 36th, BitBay is 192nd, Safex is not even active enough to be ranked). The code quality review takes a lot of things into account, and disregards community and marketing, solely focusing on the code itself. This is something the Particl team is extremely proud of! Indeed, the Particl team was the first reach accomplish many achievements such as true cold staking, hardware cold staking (Ledger + cold staking), first blockchain to be natively implemented with Segwit, first to implement the RingCT and CT protocols on top of the Bitcoin codebase, and always the first to update it's codebase (currently on 0.16.0.2 with 0.17 ready on testnet) to the latest Bitcoin Core version (after Bitcoin itself, of course). They have had a lot of other accomplishments as well, though they were not the first to execute them. It is, overall, a very talented team that is not afraid to push the limit while never sacrificing privacy, security and decentralization.
To see the incredible development work made over time, watch the Github visualization videos included in this blog post: https://particl.news/particl-development-timeline-video-520d8f9c0513
Particl Project Development Timeline

Many Decentralized Marketplaces Could and Probably Will Co-Exist

As we are seeing with privacy coins right now, a lot of them are identical or almost identical, yet each of these coins has their own dedicated community. Same thing with eCommerce platforms. We have Amazon, Alibaba, eBay, Etsy, and etc…all co-existing and making profits within their own community or niche. I think we'll see the same happen with decentralized marketplaces. Wise vendors won't limit their business to one platform, as that would end up limiting their potential customer base. Instead, I see many decentralized marketplaces all co-existing and all sharing a share of the decentralized marketplace industry. This is not a winner take all kind of scenario, as long as a marketplace can offer good features, good UI/UX, low or no fees, and of course, products for sale AND customers, these platforms stand a chance to survive even though they are not alone in this space.
What I do find very interesting in Particl compared to other decentralized marketplaces is how its native coin is designed to be scarce and in high demand. As such, even a small volume of marketplace transactions could increase the value of Particl considerably. That is because:
  • Users will generate demand for the coin when making purchases (even if they use another coin)
  • More coins get locked up for a certain period of time in escrow. In reality, up to three times the value of an item can end up locked up in escrow as the buyer needs to pay for the item + make a security deposit while the vendor also has to put a security deposit. Escrow lockups can last from minutes, to hours to days and weeks, depending on the specific context and use-case.
  • A great portion of the coins are locked up in staking (can be transferred out at any time, but while they are staking they are effectively out of circulation) as the passive income gained from the process becomes very interesting when the marketplace gets transactions volume since stakers get 100% of the listings fees and other Dapp revenues. Currently, around 36.6% of the entire supply is out of circulation and being staked. Many in the community expects this amount to increase as the marketplace gets traction. Note that there is no minimum amount of PART required for staking, thus anyone can stake and receive rewards. That is even more true with the coming staking pool currently under development that will allow even the smallest of holders to stake their funds and receive smaller but more recurrent rewards.
  • Users are not forced to use PART, they can use their favorite cryptocurrency. Ultimately, non-PART transactions are still settled in PART in the background, generating demand for the coin. Particl indeed aims at attracting other communities to its platform and offer a use-case to any coin. It doesn’t mean its native coin PART cannot be positively impacted from this!
The four points above are why I believe that, even though many decentralized marketplaces will most probably end up all splitting shares of the same pie, even a low volume of transactions on Particl would probably end up naturally increase the price of the coin. No speculation needed when it takes off! This is one of the biggest reason I got into Particl instead of its competitors (their coins don’t have such good economics, not that I know of at least).

Third-Party Building on the Particl Protocol (Mubiz)

Another big thing about Particl too is that Mubiz, a decentralized marketplace aggregator and web gateway, is actually working on implementing the marketplace. What this means is that Mubiz will render the marketplace available on the web only a few days after its initial release and will offer its customers a whole array of services not readily available on Particl Desktop. These services include escrow management on behalf of the user (read…no need to deal with the escrow, all in the background and the user experience is no different than eBay), customer support & product returns, shipping management (vendors can ship their products to Mubiz), traditional means of payments (credit/banking cards, eventually Paypal and other fiat payment methods), reviews, SEO for listings, and etc.
Mubiz currently only operates with OpenBazaar, and Particl will be the second marketplace they’ll be hosting on their platform. They mentioned in an interview I conducted with Albin, Mubiz’s Founder, that they had identified issues with OpenBazaar (since it’s the first decentralized marketplace ever, it does have flaws that can be improved upon) that were not present or that were fixed with Particl, hence why they’ve decided to integrate the marketplace into its platform.
Mubiz is, in my opinion, going to provide a crucial set of services that will make Particl as easy to use as eBay or Amazon. The only difference? Vendors will be making more money (they will make 100% of the sales proceeds), in turn allowing them to lower their prices to score more sales and outplay their competitors. The end result is more profits for the vendor, more sales, and cheaper prices for the customer. Surely this should be an attractive solution for most?
What’s your biggest reason why you think Particl stands out from its competitor? I most probably forgot some stuff in there, so curious to see what you all think!
submitted by CryptoGuard to talkcrypto [link] [comments]

My thoughts on AMD and cryptocurrencies...

Not sure if this is supposed to go here or in /cryptocurrency ...but I had some thoughts on AMD....
Bitcoin, an SHA256-based cryptocurrency has seen a progression in the evolution of mining tools. Originally BTC was mined using CPU but as the game evolved, so has the methods for mining. GPU mining became huge when people realized the engine used to power the amazing graphics you see in video games can be used to mine digital currencies much faster than a CPU. And in the realm of graphics cards, AMD held a superiorship to nVidia, granting hashrates many times that of nVidia. https://litecoin.info/Mining_hardware_comparison
Recently came in the introduction of ASICs, or Application Specific Integrated Chip, a piece of hardware designed solely with one thing in mind: to mine currencies. This evolved from regular GPU mining, stripping away all of the unnecessary parts in a graphics card and extracting only the "brain" needed to mine bitcoins.
In a nutshell we can see the progression of bitcoin mining from: CPU > GPU > ASIC (Basic processor > Powerful graphics processor > powerful processor with low power usage)
Those who mine Bitcoins are those with lots of money to invest in ASICs, seeing as these go for thousands and thousands of dollars. ASICs are still extremely expensive, very few companies produce and sell them and those that do, are on backorder due to the overwhelming amount of sales they get. Then there are many more companies that are shady to deal with and underdeliver(if deliver at all). https://www.kncminer.com/categories/miners
Because of this, a lot of players have left the bitcoin mining game and moved on to...
Scrypt coins, a newer version of digital currencies came out and almost immediately skipped the CPU mining phase and jumped straight to GPU mining. With the formation of Dogecoins this past winter, scrypt coins became extremely popular. So popular that the prices on AMD graphics cards jumped sky high. AMD cards sold out globally while Amazon and eBay hiked the prices up to match demand. This occurred between December and January.
Recently AMD cards are now in stock, and not only that, their prices have dropped. The peak of AMD has come and now we're moving over the denoument of GPU mining as soon, ASICs will be introduced to scrypt coins, with the earliest shipments already being sold. Many are planned for shipment during Q2 and Q3 of this year. http://cryptomining-blog.com/tag/gridseed-asic/
There is a silver lining however...purchasing a gridseed will still cost about as much as a GPU. The advantage is lower power consumption.
In parallel, we see scrypt coins following the same evolutionary path as Bitcoin did...
CPU(?) > GPU > ASIC
So what's the point of my post?
We've seen AMD have a great earnings report this past quarter, due to PS4 sales. AMD will most likely had another amazing quarter from the rise in popuularity of scrypt mining but I feel like for the latter half of 2014, AMD earnings won't have the support of GPU sales as it did anymore.
TLDR: AMD has had great sales with the GPU mining trend ..but with ASISc, maybe this is coming to an end...
submitted by indigoreality to stocks [link] [comments]

[Meta] People should really stop trying to 'time the market' on GPUs

I don't like the sticky on /buildapcsales that basically says don't buy GPUs. It's not that I have any real interest in selling cards, it's that it's just generically bad info to tell people not to buy - at least not buying brand new. This is 2016, people are reasonably well informed as to the industry and its direction and there is a lot of historical precedent for older cards retaining a good portion of their value for months after new card generations come out. If you are buying used right now conditions are a perfect storm for insane values and I think it's disingenuous to tell people to wait.
What you have right now is people trying to 'time the market' thinking their 'insider knowledge' means they'll get significantly better value by waiting - the reality is it's impossible to know whether or not the new generation will offer the kind of dramatic performance improvements and pricing levels people are claiming. And even if they do, I strongly suspect it will take time for non-reference designs to outcompete the top-tier cards at various price points.
Reality check: neither AMD nor Nvidia has a lot of incentive to seriously undercut the pricing of their current products. If they make something significantly better, then it would make sense to price the new things just a tiny bit higher to compete and lower prices of older things to clear out inventory. An interesting mechanic is in play where Nvidia and AMD will be initially not really in direct competition with AMD trying to deliver a very inexpensive 980-tier card and Nvidia continuing to push the bounderies at the enthusiast top end. I don't suspect AMD will be able to produce and deliver enough product to essentially undermine the entire GPU industry so I have no reason to suspect they'll attempt to price their new cards so low as to prevent nvidia card sales since they'd cannibalize their own sales as well.
Therefore, AMD's pricing strategy will likely be to price the cards for roughly what they'd be worth on the aftermarket - possibly trying to specifically undermine 980Ti sales - thus maximizing their unit profits until they can scale production to meet demand. As for Nvidia, they can pretty much charge whatever they want since the enthusiasts will pretty much always pay for it. Whether or not it will be worth it for those people... no it won't. There's no game or experience demanding enough to need that kind of power right now - or for the foreseeable future. But their pricing on older models will gradually drop to approach aftermarket prices.
Again a remnder: right now, the possibility that hardware might face a serious jump in quality is actually built into current after-market pricing (craigslist, ebay, hardware swap). If you are a buyer - stop thinking about retail prices. Only buy aftermarket. This is something about the stock market some people still don't seem to understand - future possibility of growth and performance is always factored in to current price on a free market. What does this mean for us? Prices right now on the aftermarket are fair and correct and include the knowledge of future products... and they're really low. Low enough that yes, you should buy aftermarket - period.
The smart people know this and aren't saying it because there is so much money to be gained in keeping it quiet - it is a buyer's market for sure at the moment. I strongly suspect there will still be a demand for 960-tier GPUs (yes, a 590 or a 6990 will still outperform a 960 even all these years later) for years to come to play the likes of Overwatch and future games that aren't as demanding and that those cards are in many ways currently under-priced. Neither AMD nor Nvidia is going to release a card at retail with the kind of value proposition that will undermine the entire GPU industry. For AMD, their target will probably undermining the 980Ti but almost certainly not the 970 lest they cannibalize their own 390s (which are better anyways and you should get one even if you already have one).
Right now is probably one of the best times to be buying from the aftermarket - everyone seems to be selling in anticipation of VR and the new generation - there's still a lot of excess GPUs out there from the Bitcoin mining craze, and there's still gonna be demand for lower-tier graphics for years to come.
submitted by cbslinger to BuildAPCSalesMeta [link] [comments]

Tales of IT converted to plain text for the sake of legibility

I got hired by my Dad to do IT. I know very little about IT besides games. These are my IT stories. be first day
 > woman asks me if I can install the latest version of adobe reader > fuck ya I got this DL like a boss > "Wow you're like a computer expert" > "Well you know..." > Asked to input admin credentials > forget admin credentials > try admin:password > nope.jpg > "uhhhh... uhhhh... oh crap somethings going on with the server.. be right back" > 3 months later she still doesn't have adobe reader 
More?
be day 2
 > angry guy is on the phone asking me about some weird in house program > have no idea what the fuck he's saying > there's a pause > he's waiting for an answer > think back to the IT crowd > "Have you tried turning it on and off again" > "Like restarting" > "Give me a sec..." > it fucking worked 
day 3
 > hot sales rep comes in with laptop issues > she's 9/10 cougar > all flirty with me > tells me she needs something updated > can only hear her boobs > her laptop smells like strawberrys > download adobe reader for her and hand it back 
day 4
 > figure out how to turn off the servers > when people start asking for help > go into server room > turn off servers > come out oblivious and start downloading adobe reader > eventually people start screaming > THE SITES DOWN! THE SITES DOWN! > "I'm on it!" > run back to the server room > play hotline miami in the back for few hours > turn server back on near end of day > come out of server room > wipe brow from face > "I did it..." > people are singing my praises saying i saved the day > really just saved the girlfriend in HM 
day 5
 > run into cougar at coffee machine > ask her how things are going, just a general statement > instantly thinks im talking shop > starts telling me all the shit wrong with her computer > she doesn't see me as a human > she sees me as an it > tell her to drop off her laptop > she does > I upgrade her ie > download adobe reader > restart the machine > everythings fucking working > run it back to her > fix my hair > check my breath > act like I saved the day > she's in her office on the phone > she motions to put on her desk >1 do...kind of linger > "Is that everything hun?" > leave > hear her say "oh it was just IT" > just IT > that is all I am now 
day 6
 > really bored > decide to download a gameboy emulator and play some pokemon > the webfilters blocking it so I turn it off the whole thing I dont just whitelist it, I turn it all off > get to emulator site but now I need to turn off the antivirus > use the admin which I now know to do it... > end up turning off the whole antivirus settings on the server > download my emulator and rom > play my game > guy comes into my office > "I think I caught I virus" > me "gotta catch em all" > by the time I'm facing Misty 4 people have viruses 
day 7
 > same guy that was yelling at me day 2 is yelling at me > he cant remotely log in just as I am about to leave to go home > "Try turning it off then on again then call me back" > go home 
day 8
 > guy call from day 7 calls back > he's pissed > tells me he lost a client because of my stupidity > "shit happens man. I lost to team rocket like 10 minute ago" > "what the fuck are you talking about?" > click 
day 9
 > one of the printers is out of toner > some fat guy tells me to change it > "it's a toner man... can't you change it? I'm working on this huge issue with the server" > was really downloading steam > "it'll take a second... god I have much more important stuff to do... that's why you're here" > sigh and go do it > cant figure out how to fucking open the fucking cartridge door > start hitting it like they do in zoolander > tell the poor mentally challenged guy in the mail room I have a special job for him > he has to hide the magic egg in the chest of Hewlet Packard > go back to my server business > half an hour later the fat guy comes into my office > "What the fuck did you do to the printer?" > "Changed the toner" > He just starts shaking his head and muttering shit > we walk over to it > the mailroom guy jammed the cartridge in the wrong way and actually lodged it in there so half of it is sticking out > the door cant even close > there's black hand prints all over the printer too > Can feel the guy judging me so I just spew bullshit > "Looks to be a probably with the network." > the printer was down for over a month before I figured out we have a printer guy on call 
day 10
 > have to set up projector in the boardroom > cant find a thunderbolt to hdmi cable to hook it up to lazy to go to the store > dont even have a corporate card either > tell the people needing the projector that there's a compatibility issue with macbooks > they use some guys dellbook > the files from the mac end up not running on the dellbook > call me in mid meeting > all these business people staring at me as I am randomly clicking folders as fast as possible to look like I am pro > download adobe reader > double click files > works > "Thanks Anon, you saved me" 
day 11
 > there's a new hire > no one fucking told me anything > get screamed at that theres no computer for this new person > go in back to see if we have any spares > there's a few > but there's also some really old pcs from like the early 90's > boot it up > works > set up new person > everything lags > you open adobe reader? massive fucking lag > send out the computer > "it's the best we've got on short notice" > get like 40 sharepoint tickets the first day from that person > he's a real stickler for help > he ends up quitting the very next week saying he can't work under these conditions 
day 12
 > someones computer crashed > fuuuuuuuuck > set up computer > remember something about profiles being saved on the network > go back to the server room > look at the server rack like a total idiot as I try and figure out in my head how this works > tell the guy all his data is lost and there's nothing I can do > "b-b-bbut my project... i have to present that to the board on friday..." > "gone, man. It's gone" > play sim theme park the rest of the day 
day 13
 > roll up to work an hour late > whole office is in chaos > fallofrome.jpg > "HE'S HERE!" > Go in to my office open up mail > dozens of emails like: > "Hey is there something wrong with the server I can't log in to..." > "Any idea why the site is down I..." > the server is actually down > adobe reader can't save me now > "Just go back there and do what you did last time!" > everyone thinks its an easy solve > literally shaking in the server room because I don't know what to do > nap in server room for entire day > people are pissed can hear them banging on server door > we've missed deadlines > leave at 6:30 pm > the CFO sees me in the parking lot > hes been in a meeting all day doesn't know about my struggles > "You're still here?! That's the kind of can-do attitude I like to see" 
day 14
 > server is still down > my dads asking questions > everyone is pissed > take an early lunch > over hear some guys at the restaurant talking about buying a new modem for the office > hailmary.jpg > "Hey sorry to bother you during your lunch...but would either of you happen to be IT?" > before either of them could read me the riot act and tell me something like how the fuck dare I > I'm IT too > I show them my hand that I scratched up crawling wire on the floor > they nod > "What would you try doing if your server is completely fucked?" > "Have you tried restarting it?" > I go back and restart the physical machine > it fucking works 
day 15
 > hot cougar walks by office looking distressed > "Everything okay?" > "Oh good... I can't log into my email... can you please help me... PLEASE" > "I got you." > get her laptop > re-install microsoft office > outlook works again > poke through her emails to make sure things are working > send a test file > read the titles of her latest emails > "Divorce" > hand back her laptop > "Looks like its working now" > "Thanks..." > "Everything okay?" > "Well..." > this is fucking it, tell me your sob stories cougar woman and then its or > "My mouse is acting a bit funny, can I get a new one" 
day 16
 > one of the mailroom guy's monitors isn't working > it's coming up all green > backstory: there's been a huge misappropriation of funds because I gave him dual monitors just because he's a mentally challenged and I figured if anyone needs 2 screens its him > all he does is look at msn slideshows > and use the fedex webapp or something > he's a nice guy so I actually try and fix it for him > nothings working > think its a driver issue > think its a setting issue > think its an actual hardware issue > whole time people are coming to me with real problems but I keep saying "I'll be there in a minute" > after 2 hours the mailroom guy goes > "maybe da pug ish boken" > I swapped out the hdmi cable with a brand new one > it worked > I officially am less adept at my job then a poor mentally challenged guy 
day 17
 > nice old woman who talks to me about sports tells me her keyboard is shit > she's oldest person in the office by far > old as dirt > tell her I have just the thing > go in the back and unbox a brand new keyboard meant for the programmers > bring it to the old woman > "You're such a helpful young man" > reach down awkwardly to plug in the new keyboard > get back up and dust pants off > old lady looks like she's having a heart attack > look at the screen > it's fucking blank > on my way back up to my feet I hit the power button > she lost 3 hours of work > 3 hours that old woman will never ever see again 
day 18
 > company meeting > we're over budget > there has been ridiculous spending > "we've lost money for almost a month > day 18 > almost a month > they are going to out me > IT budget comes up in discussion > we're one of 2 departments that are coming under budget > "Great job Anon. I heard about the server issues here... you're the man" > at the end of the meeting a 45 year old events planner asks me if I fix computers on the side > "Not really..." > "Oh... I have this one blasted thing that needs fixing. You couldn't just come over and fix it?" > bullshit > for a laugh I say, "yeah it's cool, just give me your address and I'll be over after work" > not sure if I'm getting sex > buy condoms > she's not that hot like a 6/10 tops > not even going to lie > last call kind of hot > arrive at her house > ring the door bell while standing all suave leaned up against the door > her husband answers the door > shows me to the computer > install the latest version of adobe reader > get $20 > go home 
day 19
 > some guy crashes a program so I have to reinput the settings > go onto his cubicle mates computer > check settings > 2 hours later > "You wrecked my computer... I want my fucking computer back exactly how it was I don't know what you did but somethings off my usb drive is buzzing..." > wtf > I didnt do shit to your computer. I checked a program you open 20 times a day > super pissed so I go back into the server room and play Thomas Was None > hear knock on server room door > its the cubtclemate > "Hey, Thanks for fixing it. > "Fixing what?" > "The my usb drive" > I didn't do shit lol > "Oh yeah don't mention it" 
day 20
 > spend entire day cleaning the server room up > getting it all nice > just unplugging network cables wily nifty so I can colour coordinate them > people are losing their shit > they are randomly getting kicked off > tell people there are some issues with our isp > I make sure to say I-S-P as I have now learned by spelling in abbreviations no matter how common makes you sound techy > by the end of the day the server rack is all classy looking > unfortunately I never mapped anything and a handful of people can't connect because their ports aren't connected to anything > tell them the I-S-P will have it done ASAP and go home 
day 21
 > now that the server room is all clean I set up all the test boxes in the back > 8 machines in total all connected to the network > try joining monitors all together like you see on cool threads, you know like the racing ones? > realize these are shit old monitors and you can't do that > come up with the great idea of bitcoin mining with these boxes > set it up for the first half of the day > after lunch I'm mining > terribly but I am mining > people start complaining about server lag > blame the lag on the olympics > suggest that the whole office must be streaming it > ban the olympics on the web filter > office is divided; can see the divide in my email > people who are pissed about not being able to watch the olympics > and the keeners who think its all work and no play at work > I've officially gained power though, people respect me for making this mandate > "He's a real company guy" 
day 22
 > its birthday day > office celebrates all the months birthdays > take cake > set up n64 in the boardroom > challenge people in the office to goldeneye > keep saying "Hey I'm just taking a 5 minute break for some cake want a quick game?" > own the shit out of all of them > realize I did absolutely nothing all day but eat cake and game > no one ever noticed 
day 23
 > cougar calls in from the road > she's having trouble accessing a key app for a client on her ipad > she tells me its name > have no idea what it is > but make sure to sound astute > ask her if she's using WIFI or 3G > "How do I check" > "Nevermind let me check from my maincore system" > google the app but nothing comes up > ask one of the other sales people > "oh it's just an infographic on our main site" > tell the hot cougar to come into the office because it's going to require me to hardcode the changes in > she drives 2 hours to come to the office so I can open up Safari and bookmark it to her ipad homepage 
I'll continue this tomorrow, believe it or not there's an ending to this but I can't get to it today.
day 24
 > people heard from the 45 year old events planner I do house calls > bunch of idiots are bringing in their home computers, mobile devices, anything technical for me to fix > tell people I can only do it after hours and I charge $20 for small stuff and $50 for large. > most of it is simple fixes > windows updates or adobe reader installs fix it > but then I get it > the laptop from hell > this fat indian guy hands me his laptop in a plastic bag, not a laptop bag, a plastic one > "What's wrong with it?" > "You tell me genius" > Load it up and it's asking for some system restore or something. > just hit next and okay > fixes it but it says I need to load chkdisk? > figure that has something to do with the cd drive > open it up > there's a thick fucking layer of bread crumbs in the tray > tilted the machine to its side > motherfucking bread crumbs just pouring out of the laptop > restart the machine > it loads perfectly > turns out the guy was using it as a tray for his morning bagel > fucking toaster laptops 
Hi AV its the IT guy from yesterday
day 25
 > even though I'm shit at IT > one guy thinks because I am IT I am super techy > he asks me what my favourite browser is > "Google.... Ultron" > "it like chrome?" > shit thats what I meant > "yeah...but better...it's what nasa uses" > "cool could you dl that for me?" > gulp > "yeah no worries" > literally start shaking the mouse back and forth so fast you can see the cursor > then ctrl alt deleted into task manager > "there....you go. All done. It looks like google chrome. but its really ultron. no one else can tell." > to this day he still thinks he runs google ultron 
day 26
 > some woman calls me over > "it'll just take a sec, it's super simple" > shit > asks me to hook her up to a new printer > she hops out of her chair and lets me sit down > forget how to add network printers > her and her friend are talking right over my shoulder staring at the screen > "Is this going to take long?" > I fake deep thought as I stare at the screen with one hand on my temple > "Anon? I have a deadline is this going to..." > "What the fuck..." > both of the women are startled > "THERE'S A VIRUS ON THIS MACHINE" > and I just storm off like I'm pissed 
day 27
 > learn about a remote access tool that the whole office uses > decide to haunt the old nice old lady from before > i randomly move the mouse for a few hours > she struggles to do basic tasks > she comes and asks me for a new mouse > oblige her > hook it up and leave > look back at remote tool > mouse is moving again, she opens up word > I begin to type > "Hi" > no response > "Hi > "Hello? Who is this?" > "It's death :(" 
day 28
 > a guy asks me to burn him a copy of a dvd for a presentation > holy fuck I know how to do that > burn it for him > march back down to his office, proudly holding the dvd high in the air > Woman tries to stop me "Hey can you..." > "Not now... I've got IT business to attend to" > hand the guy his burned dvd > this might be one of the first things IVe done right here > tear in my eye > so proud of how far I have come > I am true IT > 5 minutes later I get a call "Hey...yeah there's nothing on the dvd..." 
day 29
 > give new hire her new laptop > nothing is fucking setup right > forgot to hook up her outlook to exchange > no worries she did it herself > cool > she asks me if I can type in the admin credentials so she can dl some social media tool > "Sure" > fuck up the login credentials like 3 times and get locked out > have to unlock it from my machine > can't figure it out but go back because I left my gameboy in her office > she starts making small talk > "So where'd you go to school to become an IT person?" > she's fucking on to me > try logging in once more to admin account > locked out still > "Yeah... you know what? I think this Hootsuite extension is a virus. I don't want that shit on my network" 
day 30
 > here's where shit starts to really hit the fan > as you know i had setup a bitcoin mining rig in the server room > it was just eating up all the bandwidth > the whole network was barely operational > and now because of my ineptitude and blaming things on viruses people started a rumour > that the whole network was being attacked by a rogue hacker group > after lunch I get pulled into a meeting by with all the execs > the jig is up > "As you know we've been experiencing a multitude of issues with our network..." > I'm fucked > "from the lag to the viruses" > so fucked > "We want you to head up the investigation and find out who's doing this and why" > ROFL > I am the fucking dirty cop on the force who's tasked with finding the dirty cop > I am the fucking law 
day 31
 > tell people I'm running server calibrations > "it's like dusting for finger prints" > no one's the wiser > show this one middle aged guy with a beard how to use a webapp > go to favourite it for him and put it on the toolbar > notice all of his favourites > Big titty housewife > Pajama Butt Slut > Mexican girl on bus > mouse over them as I mouth read them > he starts freaking out > begs me not to tell > "Why shouldn't I?" > "Ill buy you lunch" > got 10 chicken nuggets 
day 32
 > for some reason the entire office is having to fill in a captcha every time they google anything > have no idea why this happening > Google ultron guy asks me if this has to do with the virus and if he should be backing up his data > "First. Always back up your data." > he nods to my tech savvy > "Second. It's a security measure INce put in place. There are robots afoot." > he nods again like my word is law 
day 33
 > Ultron guy blabs and tells everyone about google ultron > now everyone in the fucking office has a sharepoint ticket asking for it to be installed > a few of the more competent people are asking me what the fuck google ultron is > I just give them finger guns until they walk away > have to spend entire day going from desktop to desktop pretending to dl google ultron > literally spend 3-4 hours pretending to dl software that nasa uses > one girl asks me if this even legal > "Are you a cop?" > she reports me to HR for "criminal like behaviour > have already explained to HR what google ultron is... > HR thinks its real > HR thinks nasa uses it > HR tells the narc to stop interfering with important technological matters because the narc doesnt know anything about IT like me > doesnt know anything about IT like me 
day 34
 > been playing portal 2 all day in my office > haven't heard so much as a complaint > haven't had to update adobe reader or adobe flash all fucking day > something's not right > no one's said shit about it > poke my head out of the office > everyone's heads down just typing away > starting to get worried > ask a guy how his computer is working > "Great. Ever since you downloaded Google Ultron, my whole computer has just been flying" > wtf > do a quick google search on google chrome > supposedly it automatically downloads the most up to date versions of adobe > omfg > if I don't have fucking adobe reader I'm fucking out of a job > send out mass email > ATTN: do not open google ultron it has been hacked > spend rest of day uninstalling and making IE the default browser 
day 35
 > people are becoming restless with the hackevirus stuff > they wonder why I haven't solved the case yet > some even believe its not a hacktivst group like I've been hinting > "We're not just dealing with amateurs here. We're dealing with the best. And that's why I need to update your antivirus scanner" > just to strike the fear into people I covertly turn on the computer of a person who's sick and stationed right in the middle of one of the larger areas > turn off her monitor > put speakers full > then go back to office and remote in > play Wham's Jitterbug at 3 second intervals throughout the day > eventually people Start coming to my office to report this > I nod > it's worse than I thought > "What? What is it?" > it's the Jitterbug gang. One of the world's best hacking groups" > "I've never heard of them." > "That's why they're the best" 
day 36
 > check messages > local police called > FUUUUCK > need to speak with me since I am IT about recent hacks on our organization > delete message > cougar comes into my office > asks if I can adjust her desktop so the wallpaper changes every couple of minutes > "Sure." > head over there with her > she tells me she's getting a divorce > "Oh." > Says she's actually starting to date again and it's pretty awkward > fuck it > "Wanna maybe grab a beer sometime after work?" > she laughs > "What? I mean why not?" > "You're joking right? You're IT..." > my eyes well up as I stare at adobe prompts me that reader has a new update > "Just gonna download this." 
day 37
 > feeling like shit today > cougar told her sales friends that I tried asking her out > people are laughing behind my back > can hear the whispers > "eww haha IT?!!! ewwwwww" > want to just open up a computer and jump through the moving cpu fan > mean sales guy who usually calls (yeah that one) stops by office > "My laptops not working" > I trudge over to his desk with him > hit the power button for a reset > don't say anything and just walk away > "If that's all you ever do.. Why do we need you?' > turn around > "what?" > "if you only ever just restart my computer... why are we paying you? I can restart my own damn computer" > grin > "Have you ever repaired a server here? Do you know how hard it is to get it operational? Remember how we were down for a day and a half?" > he shakes his head > "That's what I thought." > of course I just restarted it lol 
day 38
 > still feel like shit after the cougar shut me down > decide to block 1 major site on the webfilter every hour > feel like the Joker doing it > first youtube > then ebay > then reddit > hear the moans from people as they read my webfilter note > "This is a place of work not a fun house" > One woman storms into office > "This is not funny...this is serious" > "Why so serious?" I ask her > "I need you to unblock ebay" > lot seriously > "I HAVE AN AUCTION ENDING IN 5 MINUTES!" > put it back on the safe list > but it was too late > she missed out on her cellphone case > mwhahahahaha 
day 39
 > an "investigator" comes to the office > the execs were worried that we had too much to lose and wanted to bring in a professional > I'm fucked > show him around the office > he keeps asking to see the server room > "And this is Carol. She's a riot. Aren't you Carol" > doing everything I can to stall > we go back into the server room > he compliments me on how neat the cables are > think about picking up a monitor and bashing his skull in and then running away to mexico > cant do it > I'm not a monster > I'm IT > the guy goes onto the server > asks me for the login info > figure the jig is up > give it to him > he logs in > opens up IE > looks over his shoulder at me > "You don't need to be here" > "It's fine" > I need to be there when it happens > he literally starts shaking his mouse really quickly around IE clicking on random parts of the screen > I know because a popup for Home depot came up > he starts muttering to himself... "hmmm... hmmm" > watch him type in adobe reader in google > he dl's it > swings his cursor around some more > and then finally goes > "fucking hackers right?" > we are brothers he and I > IT brothers 
day 40
 > wake up and realize how lucky I truly am not to be fired or worse > see cougar girl walking into the office from parking lot > asks me how things are going > I think we finally put an end to the jitterbug gang > "no, I meant... not work stuff' > look at her strangely then smile. > "Oh you know how it is" > she flicks her hair and then laughs > what the fuck? > "Cool. I'm having problems opening a file...can you open it for me hun?" > sigh > "Yeah sure..." > we walk into her office she's being all flirty > click on the sharepoint link of a pdf file > won't open > download adobe reader > while it's loading I ask her what she's planning on doing on the weekend > "I'm going to the mountains with this guy for our first getaway" > stop adobe reader at 80% > walk right out > I am IT 
day 41
 > this hot yoga girl from events comes into my office > her keyboard keeps typing in french > too busy playing Happy bird to care > "so are you going to help me?" > "if things slow down. I've been swamped today" > "I'm going to fucking kill you" > she waggles her glorious yoga butt away > cute girl, and don't even care anymore just want day to fucking end > I hate this fucking job > all I do is get yelled at and download adobe reader > I cant even find the joy in games any more > Dad walks by > sees I'm looking blue > Dad takes me out for lunch > pats me on the shoulder > "I'm so proud of you son." > to date the company is in fucking shambles > and I still am primarily an adobe reader downloader > but I wouldn't change any of it for his very next words > "I love you son." Thanks guys and thanks Dad for the job. :) Don't forget to download your adobe readers guys. 
I didn't make this, I converted it to text from the imgur images and am working on correcting it occasionally.
submitted by that1communist to funny [link] [comments]

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