Welcome back to the VoskCoin YouTube home of Cryptocurrency Mining and News! Crypto Topic Today = Ethereum Mining
As everyone knows the profitability of cryptocurrency mining has been decreasing rather quickly over the past several months. Between a flood of graphics cards and onslaught of ASIC miners, there is simply not enough crypto mining profit to go around. With a surplus of graphics cards, their prices are now dropping. Graphics card prices will continue to fall further with the impending release of the next generation of Nvidia graphics cards GTX 1180 / 2080 as well as additional ASIC miners from the likes of Bitmain and Innosilicon.
Crypto Mining Profits Drop GPU Prices - http://bit.ly/2LLh8pM
Bitmain ASIC Miner Online Shop - http://bit.ly/2OdEzK8
Buy Your Own ASIC on Amazon - http://geni.us/BRl118
ETC Ethermine Best ETC Mining Pool - http://bit.ly/2LB4H37
Innosilicon Unveils 500 Mh/s ETH ASIC - http://bit.ly/2Li2AC1
Ethereum Mining Difficulty Chart - http://bit.ly/2OhS2jY
Ethereum Classic Difficulty Chart - http://bit.ly/2LIQZYO
Ethereum Difficulty Drops Profits Rise - http://bit.ly/2A76KYd
WhatToMine Mining Profit Calculator - http://bit.ly/2JSYY3Q
Chinese Shut Down Bitcoin Mining Farms - http://bit.ly/2AhsMI3
Mining Rig Parts IN STOCK on Amazon - http://geni.us/WQd7cCs
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A little late and a little off topic, but my Asus Zenbook (UX430UA) has the same heating issue you talk about. It was built to compete with the more budget Macbooks so it makes sense. Any time I play even a light game the fan goes to full speed and it heats up almost to the threshold to what temp is comfortable. SpeedFan reported like 100,000,000 RPM on the fan one time (an error, but still funny). ;)
On a more on topic subject, it's sad to see all these good projects become crippled with ASICs. Ethereum has a lot of good feature and was supposed to be ASIC resistant. Really sad actually. Hopefully the Ethereum devs change their minds and fix it. :(
I've paid +3000$ for 6 RX 580 Nitro + 8GB, a motherboard, a cpu, 4GB ram, and a 1200w PSU. And it consumes shit load of mW. This Antminer would have been pure gold when it was 800$. And I bought the video cards for 440$/piece. That's how much they cost in Europe. I mine with 31.7 for each card. My ROI is shit right now with the eth prices
I still have a good chunk of rigs, it’s sort of past the time for selling. Instead of giving them away I’d rather just run them into the ground at this point or maybe recycle them next bull run(whenever that comes...)
Nothing concrete yet, there’s a lot of ways to lose right now and not a lot of ways to win. It used to be the opposite!
Love your channel... In my shed... 70 amp panel... 4- 240s 4 120s
Suggestion: *cheap answer... buy 6 inch air condition ducting for home ceilings... Aluminum foil outer with fiberglass insulation 2 inch walls inner... Inside this is a spiral wire for rigidity with 6inch plastic membrane... this fits perfectly over the Bitmain miner exhaust without tape, strings, etc. I have 5 Bitmain Miners exhausting their heat about 6 feet along the floor of my shed to wall where I made a hole big enough for them... Virtually no heat in the shed from miners... Put your hand on the outside .... feels like the exhaust from a drier... E-Mail me at [email protected] and I will send you pictures... Let me know you got this message.. Have some other info for you... and also need a little advice from you Bro... Rene
hey Vosk .. I am dissappointed in the acorn product performance for the price , in my opinion it would be easier or more profitable just to buy and add GPU's to your rig , especially for ETH . or just build another rig for the money ,, the price of GPU's are coming down , and the acorns are almost as much as a 1070 .. which will do 33mh or rx580 that will do 33mh and you can pick them up right now for under $300. ,, my uderstanding is for 1070's 0r 1080's you need and acorn for every card , on a 6 card rig that would cost around $2100. with just a 30% improvement ,, if thats even possible ,, how long would that take to ROI ,, that expense .. it suppose to save on electric ??? .. I just dont see the big picture.. seams like a waste of money in present cost and performance ... I would like you to do a video on pros and cons ,, and ROI .. for information avalible ... also did you order some ?? and do you feel that its gonna change the GPU mining game ??? also that for the video on Aion ... great video ,, that coin was totally off my radar ... you Da Man ...
Miner got trapped by major manufacturer. Asic is on Bitmain, GPU is on Nvidia and AMD and if there was FPGA...then it will be on Xlinx.
GPU miner blamed by Gamers. Asic miner blamed by GPU miner, so? It's evil cycle.
Vitalik doesn’t care because he doesn’t want to sacrifice Casper.
There’s a lot of people that also say ASIC miners increase decentralization. Obviously that doesn’t account for what Bitmain and others are mining.
Nice video. Here's a great article: seven advantages for vendors to receive bitcoin payments. Read more: https://cryptolo.io/cryptoblog/index.php/7-benefits-for-stores-to-accept-cryptocurrency-payments/
Bruh, time to do away with this "ASICS" are evil and the world is going to end mentality. There are no GPU miners, no CPU miners, No ASIC miners, just miners. There is a problem in the ASIC industry, however developers spending all of their time on trying to figure out a way how to keep more efficient hardware from being utilized to mine crypto is not the solution. Time to embrace tech guys, isn't that what blockchain is about anyway?
I'm going to sell my two miners, 9 1050ti's and a 1060.
Using 75% power I'm at 1100w, current power bill $200, I only make 120ish, pretty bad performance at 160mh/s.
I doubt I'll make half my money back from selling.
I took notice that ETH mining RE-Surged in what it is returning, while Loki although seemed to start out promising is already problematic, and not returning well at all compared to 4 weeks ago. The same hardware is now better spent on ETH, or RVN.
No. Buy cheap used graphics cards and run them on a large solar array tied to a grid. Forget batteries for storage. If you get the cards cheap enough it would be like selling electricity for 15 cents an hour.
Realistic overview of current situation. Subaru BRZ's rock by the way. (same for any other brand of the same car such as Scion or Toyota versions) I've had a galaxy blue one since they came out and I love it! My dogs do too ;-)
gpu miner here and i literally hate bitmain.. when d3 was out and in a few months profit was nothing it was clear to me back then they will do the same with every asic.. i dont know how people forget that so easy.. i think asics are doing nothing good for crypto and there is no decentralization anymore.. one year ago every random person could mine some crypto at home with gpu or few of them(yes i know some of them have farms now) and take some profit... market was ok.. slowly growing but ok... asics are good only for big farms( who bought asic and used it for more than a year?) and if every project goes with asic i see only companies in mining.. i liked crypto when little man could earn some money but now that is far far away. this is turning into industry for rich people..
ASIC for me is not a matter of higher profit... its a matter of much lower electric costs. I run GPU rigs... 6 1080's with cooling fans are pulling 1000+ watts for 1/4 the work a Z9 mini will do for 300 watts. Even low profits in the future are more than made up for not paying $1100 electric bills.
Totally depends on what you mine... If you just mine ethash your fine with the cheaper model and 4 to 1 ratio... With the powersavings and improvements that should be more affective and cheaper then asic solution...
I am speaking to the GPU crowd. A typical GPU rig running 6 1080's is easily $4500... and takes 1000W+ to run. A z9 Mini is $2200... and takes 300w to do 4 times the work.
The GPU crowd hates ASICS... yet they themselves chase newer, better GPU's to get more hash rate. Its the same arms race...
They can block ANYTHING with code 100% - it simply requires a PROFESSIONAL programmer. This is so easy, a 16 year old can write the code to block ASICS with a 100% success rate and they can NEVER EVER EVER break the code. Seriously! It is that easy. I've been programming since 1983, this is nonsense!
Do you have any videos or posts that order the best graphics cards from best to worst from each manufacturer & product line. For example. the 1070ti only. best manufacturer from best to worst and each sub-model of the 1070TI. Like evga makes a ton of different ones. Why would you choose one manufacturer over the other and one manufacturers subline.
Inno does not require you to order a large number if u just go to seg mail in Shenzhen. Most popular algorithm has asic running on it. However, most manufacturers keep it to themselves until they think it is a good time to release it
This was the same story back 6 or 7 years ago when we were mining bitcoin and litecoin with GPU's then all of a sudden ASIC came and took over. I was minting 2 bitcoin a month with 2 GPU's at the time.
I'm in South Korea. We don't really pay taxes at the moment.
I'm day trading. I made all my money while day trading to buy those miners in the first place. Then I became stupid and started to hold coins for long term. That's when I lost like 20k at a time. I don't hold anymore unless I can buy them for $100 and holding a lot.
Charly Dom unfortunately the coin devs have mostly dropped the ball with regards to decentralisation. Forks are generally only temporary hurdles, and very few have actually made material changes that will ensure decentralisation and more importantly network security.
Charly Dom need to remember that the ASICs you see for sale are generally going to the small miners, the ones that are not for sale or sold wholesale are going to the more centralised. Note decentralisation doesn’t really exist anymore, as soon as you connect anything to a pool you have participated in centralisation. You could even argue if you don’t buy the ASIC and spread the hash from it, that the hash from the Bitmain etc pools will have even more control.
VoskCoin yep, only focused on his Casper and high stakes you will need to run a node. When they roll it out and the reward gets decimated he knows a ton of gpus will have to go to other coins. Pretty sure he has said he doesn’t think PoW has a future for ETH.
yes they are, so the final client is not the home-based miner but instead is a kind of big investor inside a warehouse or office. There are a lot of them but there are a lot more of GPU miners, that is why I think GPU miners still has a chance and that is why cryptocurrencies developers support ASIC resistance so much
Winston Sawyer problem is bitmain is taking all the profit.. Asic owners get little or they return money. With gpu s you could mine 2years no problem. With asics after 3 months profit is...is there any? I wish you all the best in the future if you are a miner with asic or gpu but i think gpu mining is better.
Winston Sawyer there are gpu s in usa as i see in clips here for 200$ each.. Gpu you can sell after at least.. Asic has no usage when diff goes up.. It s not problem for me to buy asic but i just think that is not good investment if i cant buy first batch
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prob best mining some alt coins for future as many as u can in a week or a month do 4 or 5 coins over some months or as long as u want if prices go up sell if u want or keep hold of them i prob would not invest in buying cards of any sort for mining and this summer is so hot everywhere ... another youtuber he has over 2500 cards in his farm 1.2 million in cost for whole set up for a youtuber thats alot
that's because your using nice hash's algo,, times have changed and trying to chase profits on auto piliot dose not do as good as it use to. Go back to research, and then pick a alt coin based on that, and mine it for a week at a time. Here is a Tip, check ETC and its improvements and its news, I think its very underrated right now on its price, also BTG with its proven fork as fully asic resistance was successful,
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These fully specified, manipulation resistant, and publicly verifiable events form a necessary foundation for sound prediction markets. Without this foundation, prediction markets are subject to confusion, manipulation, and abuse. Though sometimes tricky, many prediction events exist that satisfy all of the criteria listed above. As the world moves forward into the realm of decentralized prediction markets, it will be important to keep in mind the pitfalls associated with many naive prediction events.
Sia , by Nebulous Inc., is a blockchain-based decentralized cloud storage platform.
Capital Markets Blockchains Are Finally Getting Go-Live Dates.
Assembled in New York this week, a handful were even confident enough to give firm timetables for production. For those tired of blue-sky talk, it was refreshing to hear large-scale financial infrastructure projects discussed openly and frankly, in clear terms of where they are and when we can expect to see things going live.
Underscoring the seriousness of the undertaking, ASX recently produced an 87-page progress report. Roll-out is targeted for late 2020 or early 2021.
In the weeds.
The enormity of such a project may not be obvious to those unfamiliar with the creaky plumbing of the capital markets.
At the completion of phase one, DTCC will have nodes set up internally for every firm that it knows will run one, plus some general nodes that will take care of supporting the transactions and processing for the firms that do not wish to support a node of their own.
For this project, DTCC has taken a multi-vendor approach. Ethereum-inspired startup Axoni is providing the technology, with IBM helping to manage the project, and R3 providing best practice guidance on areas like selecting the right data models.
Luxembourg is the largest fund management hub outside of the U.S. The jurisdiction holds many trillions of dollars worth of assets under management.
The KPMG-led project includes banks like BNP Paribas, Credit Agricole and others, as well as over 400 asset managers. The technology used is ethereum-based Quorum, the popular open-source project run by JP Morgan.