Why did they choose to activate segwit first in the NY agreement? It seems like segwit is the experimental part and the part that moves away from the core principles of Bitcoin. By agreeing to HF to 2mb I'm assuming that they're saying that they're happy with a HF but I don't see why it is happening second. There's been a lot on here about how messy segwit is as a soft fork so why not delay it until a there is a decent HF implementation and see if a 2mb HF is successful at improving the current situation first?
bullish on USD. it is clear USD is increasingly popular with past hodlers of the deprecated bit-Coin. USD has gone up hugely in just the past day against the b.t.C!! in the future it is posible with enough imagination that the US economy could run on USD ! in conclusion you should get into currency (186 points, 26 comments)
I have been closely watching the mining scene for only about 3 months, so excuse me if this sort of question is asked frequently, or is too speculative. Is all BTC mining now underwater, with a negative ROI? That's what it looks like to me. I initially got interested years ago, when the return was small and BTC was not worth much. I didn't mine because it seemed like a miniscule return on investment. Oh I wish I had started back then, those "worthless" BTCs would be worth a lot now. But I started getting more interested again when that Ars Technica article on the BFL Jalapeno appeared. Holy crap, a machine that prints free money. He made hundreds of bucks in a week. So I started checking it out. With the delays in BFL's product shipping, all the mining calculators show that any new investment in mining hardware will never break even. Difficulty is increasing so fast, that the only machines making money are already in place, and soon they won't even pay for the cost of electricity. Now just to screw this up even further, BFL did a classic "Osborne Effect" announcement of their new Monarch board. Their existing ASIC machines are obsolete. The new 28nm machine that does not exist yet, is promised to deliver 600Gh for 350 watts, and costs $4680. I ran the numbers through the mining calculator at The Genesis Block. Unfortunately their calculator seems to be down at the moment, but I recall running numbers on a Monarch, delivered even in December, would not break even unless BTC went up to 2000 per dollar! Now even accounting for BFL's broken promises, if I could buy mining hardware like this today and turn it on now, it would make a negative ROI. I run the numbers for every possible hardware I could buy, none of them are as cheap in dollars/Gh or Gh/watt as the Monarch. And none of them break even. I decided to track the existing performance of mining using my dinky Mac mini's GPU. It won't mine much, and GPU mining will never break even in a network full of ASICs. But it would give a rough index of how difficulty is affecting mining. Here's a rough description of my results. At this point, it looks like mining is doubling in difficulty every month. Nobody can make money unless either BTC rises in value dramatically, or the majority of miners give up and unplug their unprofitable mining hardware. So someone tell me if this assessment is realistic or not. At the moment, it looks like any new investment in mining hardware will result in turning every dollar of investment into 50 cents worth of BTC at most. With increasing difficulty, soon even existing mining hardware will be turning every dollar of electricity into less than a dollar worth of BTC. ROI is underwater now for new hardware, and soon will be underwater for all hardware, even advanced ASICs that haven't even shipped yet. There are only two ways that mining might ever make a profit. One is if almost everyone gives up when their miners become unprofitable. The other is if BTC goes up massively in value to like $2500/USD, which will only fuel the arms race even more. Yeah, I know there is a big incentive to spread disinformation to convince people to drop out of mining. So don't try to BS me. Let me hear your honest assessments, or please point me in a direction where I can do research to figure this out.
Need your help. Several ideas we can put into motion.
Thanks for the comments on the video! It has been added by Boris-The-Spider to Vertcoin.org's homepage! Some ideas: 1) We should be the coin for the gaming industry. Video games are a huge area where there is a need for crypto - gaming credits are essentially walled gardens, but a good crypto like Vert has directly convertible real world value. Millions of gamers in this country alone. And as a gamer, I'd rather win Vertcoin than useless credits. Just posted the video to gaming, please check it out over there and help answer any questions from people there- http://www.reddit.com/gaming/comments/241onb/bitcoin_litecoin_vertcoin_the_evolution_of_choice/ 2) The community should fast track one click miner development. I'd like to see Vertcoin mining software running in every dorm room, in every office, in every neighborhood. This is how you keep a decentralized currency vastly decentralized. There's still a barrier to entry to becoming a Vert miner, and that barrier to entry is tech know-how. Let's make mining Vert as simple as plugging in an iMac for the first time, or setting up a Reddit account. 3) A similar streamlining should be done for merchants. Maybe a page on the Vertcoin site offering merchants a number of choices in storefront providers/processors, and then a suggestion that they post a link to their store in this subreddit so we can all check it out, give feedback if the implementation needs any changes, and - of course - so we can shop there using our coins! Cheers everyone. Feel like we're moving along at a great pace, and as a reminder I'm not a developer or official voice of the coin so take what I say as simply suggestions.. And on a final housekeeping note, one thing that's very exciting is that we can probably avoid many of the pitfalls Bitcoin encountered. The Bitcoin Foundation, a PR nightmare at the moment, was created because many governments and users didn't even know what a crypto currency was, so some entity was "needed" to be an interface between the real world and online. Now that Bitcoin is a household word, and crypto currency is much better understood by the public, such pretentious and dangerously centralized organizations are unnecessary. Vertcoin should remain the people's coin. Plus, now that some major governments including the US have decided crypto coins are electronic property and not currency, there's even less of a need for an old paradigm "foundation" to look out for Vertcoin's interests. Vert users should look out for our own interests, as a whole. David
Dear friends!! I hope all is great on your corner!! I ask for urgent help about Maxcoin Mining. I have been mining Bitcoins + Scryptcoins for a long time and Im now mining Maxcoins. So far in my "mining career" I have never experienced this problem, however I get this frutrating situation when trying to mine Maxcoins. After 30 mins 1 hr of mining, the miner crash and It gives me two types of errors ::: Segmentation fault: 11 (most of the times) Or Abort signal 6 (sometimes) My system :: Apple Imac Mid 2011 Memory 4 GB 1333 MHz DDR3 Graphics AMD Radeon HD 6970M 1024 MB Software OS X 10.9.1 (13B42) Cgminer 3.6.6 -- arranged for accept sha-3 and released with the maxcoin lauch -- Any hints? Thanks a lot for your help! edit :: PLEASE HELP!!! :'(
I just got a new iMac at work (I'm a PC/linux guy, but my boss is a Mac guy). It has a ATI 6970, which is one of the best video cards for bitcoin mining today. So I figure I'll download Diablo miner and set it up. Apparently Open CL doesn't work very well on a Mac, so I was only mining at about 1/4 the rate that the 6970 would get in a PC, but still figured it would be worth it to run it over the weekend. So I come back on Monday, and the computer is froze. I restart, and I'm getting visual artifacts on the screen, and it freezes, usually at the login screen, sometimes it logs in, only to have more video artifacts, and freezes shortly after. I'm pretty sure I fried the video card. . . I load in safe mode, and delete everything related to bitcoin or the diablo miner, and call the company's tech guy complaining my New iMac is acting up, acting like I have no idea why it would do that. TL;DR I fried my brand new (company) iMac by running bitcoin miner over the weekend.
An up to date list of the best Bitcoin mining software for Mac. Easy to install and manage, with a graphical user interface. Directly select to mine ETH from the ‘Miner’ tab. Unfortunately, Minergate has made “GPU mining [unavailable] on Mac OS based rigs” as they can no longer be supported. Even more popular CLI miners have trouble supporting macOS beyond version 10.11 (El Capitan). If you’re a solo miner, the mining software is what connects your Bitcoin miner to the blockchain. If you have a mining pool, the software will connect you to your mining pool. Bitcoin mining software for Mac . There are a lot of programs that can help you mine using your iMac or Macbook. Here are some of the applications that you can use to A highly efficient, modified version of m0mchill’s poclbm miner. The modifications improve efficiency when used in a mining pool, and currently the only mining pool that shows you your efficiency is Bitcoin Pool. m0mchill’s poclbm miner will quit searching a getwork when it either finds an answer or when the askrate is reached, which is not at all efficient. The First Native Mac Miner. Built as a friendly GUI for the relatively complex array of command line Bitcoin mining software for Mac, MacMiner is the first 100% native Bitcoin miner for Mac. This means you can set up and start mining in seconds, without worrying about complex install processes traditionally associated with mac miners.
How to Mine Bitcoins with a USB Miner on a Mac (Block Erupter Sapphire)
In this episode of Crypto Miner Tips, we go over how to get started Bitcoin Mining with a PC. However, the mining software mentioned in this tutorial can be used on Mac and Linux machines as well. Mining crypto currency using your apple mac is actually really easy. Here is how to mine crypto currency using your iMac or MacBook. Minergate - https://mine... Best bitcoin script, bitcoin generator or bitcoin adder! this bitcoin 2020 - it bitcoin mining tutorial, new easy earn bitcoin! Use litecoin, Ethereum, Ripple, Monero - earn money free on 2020! BitCoin for Beginners - Mac OS Mining, Tips, Mining Software, Wallets And More ! ... In this part we will address some of the issues people are having in Part 1 with the Bitcoin Wallet and Mining ... Start Mining Litecoin With Your Mac in Under 5 Minutes - Duration: 4:07. ShortTutorials 24,144 views. ... How Much Can You Make Mining Bitcoin With 6X 1080 Ti Beginners Guide - Duration: 19:20.