KnCMiner Finalizes Design For World’s First 20nm Bitcoin ...

The total computing power now dedicated to securing the bitcoin blockchain has set yet another record.

According to data from mining services operator BTC.com, the average bitcoin mining hash rate over the last two weeks has reached 71.43 quintillion hashes per second (EH/s), up from 64.49EH/s on July 23. The threshold was breached as bitcoin adjusted its mining difficulty at block height 586,672 on Monday 2:52 UTC – that is a 6.94EH/s, or 10.78 percent jump since mid July.
Bitcoin mining difficulty is a measure of how hard it is to compete for mining rewards on bitcoin. Just how difficult the bitcoin software makes it to generate new blocks adjusts every 2,016 blocks – approximately every 14 days – to ensure the block production time remains about 10 minutes at the next cycle.
Assume this additional 6.9EH/s (or 6.9 million tera hashes per second, TH/s) computing power has all come from powerful ASIC miners, such as Bitmain’s AntMiner S17 or MicroBT’s WhatsMiner M20S, both of which boast a mining rate of around 55TH/s and recently hit the market.
That means more than 100,000 top-of-line ASIC miners could have been switched on within the past two weeks. Further, given these products have been sold for at least $2,000 each, this equates to some $200 million in revenue pocketed for major miner makers.
The continued interest in bitcoin mining comes at a time when the cryptocurrency’s price appears to be en route to challenging all-time highs, however distantly, and amid the arrival of the rainy season in China, which leads to cheaper hydropower electricity costs in the country’s southwest provinces – a region that is reported to account for 50 percent of the global mining activity,
Miners in China estimated earlier this year that bitcoin’s hash rate in the summer would break the level of 70EH/s. To be clear, at several single points of time, bitcoin’s hash rate had already crossed that level in June and even reached 80EH/s around Aug. 1.
However, today marks the first time that the two-week average computing power has been able to remain above the 70EH/s threshold. As such, bitcoin’s mining difficulty has also set a new record of nearly 10 trillion.

Market change

Amidst this uptick in mining interest, there have been notable changes in the mining market, where top manufacturers are racing to produce more powerful equipment.
For instance, in Bitmain’s 2018 initial public offering prospectus, the Beijing-based mining giant claimed it had a 70 percent market dominance. Now, it may be facing serious competition from rival players that some believe are capable of shipping more top-of-line products with better profitability.
Michael Zhong, a former mining analyst who now operates mining farms at a startup called Force Mine, told CoinDesk that based on his experience, the production capacity ranking among major Chinese miner makers for their flagship products have changed over the years.
Zhong explained that from 2017 to 2018, Bitmain had topped the list with its AntMiner S9 series miners, followed by Canaan’s Avalon 8 series machines. InnoSilicon, Ebang and former Bitmain design director’s MicroBT were all in the third position at the time.
But from January to June this year, the delivery capacity ranking has reshuffled, with now MicroBT’s WhatsMiner M20 series at the top, followed by Bitmain’s S17 series miners and then InnoSilicon, Canaan, and Ebang, Zhong added.
According to F2pool’s miner profit tracker, Bitmain’s flagship AntMiner S17 Pro ranks third in terms of mining profitability, following BitFury’s Tardis and MicroBT’s WhatsMiner M20S. The cost for WhatsMiner M20S is around $3,000, while that of AntMiner S17 Pro is around $4,000 each, based on the information advertised on the two firms’ websites.
Although orders for these flagship machines have queued up until November and December this year, MicroBT’s founder Zuoxing Yang told CoinDesk previously that the bottleneck of production capacity is the availability of chips from suppliers.
For example, MicroBT uses 10-nm chips for its M20 series, which are relatively more affordable with a higher level of availability compared to more advanced 7-nm chips used by Bitmain for its AntMiner S17 series equipment.
While Bitmain has always been relying on chips supplied by Taiwan Semiconductor Manufacturing Company (TSMC), MicroBT has switched from TSMC to Samsung earlier this year for its flagship products.
Both TSMC and Samsung have estimated in their most recent Q2 earnings calls that the demand for cryptocurrency mining chips will come back in the third and the fourth quarter this year.
Operating miners image courtesy to Hashage
https://www.coindesk.com/bitcoins-computing-power-sets-new-record-as-over-100k-miners-go-online?utm_source=twitter&utm_medium=coindesk&utm_term=&utm_content=&utm_campaign=Organic%20
submitted by Muxa84 to Bitcoin [link] [comments]

Bitcoin Mining Hash Rate Plummets To 35 EH/s, Increasing Centralization Of Bitcoin Mining

Bitcoin Mining Hash Rate Plummets To 35 EH/s, Increasing Centralization Of Bitcoin Mining

https://preview.redd.it/7qe13wsg3yz11.jpg?width=600&format=pjpg&auto=webp&s=cdb3cb372c118e1bde3b75332739ab61ca868e21
http://genesisblocknews.com/bitcoin-mining-hash-rate-plummets-to-35-eh-s-increasing-centralization-of-bitcoin-mining/
The Bitcoin mining hash rate had been exponentially increasing from 2009 through August 2018, from MH/s, to GH/s, to TH/s, to PH/s, and now EH/s. The all-time record high for Bitcoin’s mining hash rate was 62 EH/s on 26 August 2018.
After that point the trend broke, and Bitcoin’s mining hash rate plateaued. This was due to a combination of two factors. First, the Bitcoin bear market brought Bitcoin’s price down from USD 20,000 to about USD 6,500, making mining much less profitable. Second, Bitcoin’s mining difficulty had been rapidly rising despite the bear market, as all the new hash power came online. The end result was there was no more room to profitably add hashing power to the Bitcoin network.
It was thought that Bitcoin’s support level was solidly at USD 5,800, but that paradigm broke when Bitcoin Cash forked, the Securities and Exchange Commission began to launch catastrophic civil penalties against initial coin offerings (ICOs), and the launch of physical Bitcoin futures on Bakkt was delayed. This trifecta of extremely bad news within 1 week has brought Bitcoin’s price down to USD 4,400.
This unexpected crash in Bitcoin’s price has been destructive for the mining industry. Many mining farms were right at the break even point, or perhaps even losing some money, but expecting Bitcoin to go up in the near future so they kept mining. Now Bitcoin’s hash rate has plummeted to 35 EH/s, implicitly indicating about 25 EH/s of Bitcoin mining rigs have been taken offline since they are no longer profitable due to electricity costs.
This represents billions of USD of Bitcoin mining equipment going to complete waste, since Bitcoin mining rigs have no real use besides mining Bitcoin. The events unfolding in the Bitcoin mining space could spell doom for mining rig manufacturers. Now the market for rigs is completely over-saturated, and any demand for rigs has probably dried up. Mining rig manufacturers could perhaps rectify this by rapidly developing cutting-edge technology, like what Bitmain did when they recently released 7 nm rigs.
Speaking of Bitmain, no matter how good their technology is, unless Bitcoin’s price rises soon they are going to experience their lowest sales numbers in history. There is a chance this will throttle their attempt at an initial public offering (IPO) on the Hong Kong Stock Exchange, and if that IPO falls apart that will send more shockwaves through the crypto space.
On a final note, Bitcoin mining supersites that cost hundreds of millions of USD have been popping up across the globe recently, and these have been forcing personal miners out of business, since the supersites are far more cost effective per unit of hash rate. The crash in Bitcoin’s mining hash rate we are seeing right now could very possibly be individual miners collectively shutting down their rigs, leaving just the supersites. This could drastically increase the centralization of the Bitcoin mining network, and therefore increase the centralization of Bitcoin itself.
GenesisBlockNews believes it is a dangerous trend for Bitcoin’s hash rate to increasingly be in the control of a select few corporations.
submitted by turtlecane to Bitcoin [link] [comments]

Decred Journal — June 2018

Note: You can read this on GitHub, Medium or old Reddit to see the 207 links.

Development

The biggest announcement of the month was the new kind of decentralized exchange proposed by @jy-p of Company 0. The Community Discussions section considers the stakeholders' response.
dcrd: Peer management and connectivity improvements. Some work for improved sighash algo. A new optimization that gives 3-4x faster serving of headers, which is great for SPV. This was another step towards multipeer parallel downloads – check this issue for a clear overview of progress and planned work for next months (and some engineering delight). As usual, codebase cleanup, improvements to error handling, test infrastructure and test coverage.
Decrediton: work towards watching only wallets, lots of bugfixes and visual design improvements. Preliminary work to integrate SPV has begun.
Politeia is live on testnet! Useful links: announcement, introduction, command line voting example, example proposal with some votes, mini-guide how to compose a proposal.
Trezor: Decred appeared in the firmware update and on Trezor website, currently for testnet only. Next steps are mainnet support and integration in wallets. For the progress of Decrediton support you can track this meta issue.
dcrdata: Continued work on Insight API support, see this meta issue for progress overview. It is important for integrations due to its popularity. Ongoing work to add charts. A big database change to improve sorting on the Address page was merged and bumped version to 3.0. Work to visualize agenda voting continues.
Ticket splitting: 11-way ticket split from last month has voted (transaction).
Ethereum support in atomicswap is progressing and welcomes more eyeballs.
decred.org: revamped Press page with dozens of added articles, and a shiny new Roadmap page.
decredinfo.com: a new Decred dashboard by lte13. Reddit announcement here.
Dev activity stats for June: 245 active PRs, 184 master commits, 25,973 added and 13,575 deleted lines spread across 8 repositories. Contributions came from 2 to 10 developers per repository. (chart)

Network

Hashrate: growth continues, the month started at 15 and ended at 44 PH/s with some wild 30% swings on the way. The peak was 53.9 PH/s.
F2Pool was the leader varying between 36% and 59% hashrate, followed by coinmine.pl holding between 18% and 29%. In response to concerns about its hashrate share, F2Pool made a statement that they will consider measures like rising the fees to prevent growing to 51%.
Staking: 30-day average ticket price is 94.7 DCR (+3.4). The price was steadily rising from 90.7 to 95.8 peaking at 98.1. Locked DCR grew from 3.68 to 3.81 million DCR, the highest value was 3.83 million corresponding to 47.87% of supply (+0.7% from previous peak).
Nodes: there are 240 public listening and 115 normal nodes per dcred.eu. Version distribution: 57% on v1.2.0 (+12%), 25% on v1.1.2 (-13%), 14% on v1.1.0 (-1%). Note: the reported count of non-listening nodes has dropped significantly due to data reset at decred.eu. It will take some time before the crawler collects more data. On top of that, there is no way to exactly count non-listening nodes. To illustrate, an alternative data source, charts.dcr.farm showed 690 reachable nodes on Jul 1.
Extraordinary event: 247361 and 247362 were two nearly full blocks. Normally blocks are 10-20 KiB, but these blocks were 374 KiB (max is 384 KiB).

ASICs

Update from Obelisk: shipping is expected in first half of July and there is non-zero chance to meet hashrate target.
Another Chinese ASIC spotted on the web: Flying Fish D18 with 340 GH/s at 180 W costing 2,200 CNY (~340 USD). (asicok.comtranslated, also on asicminervalue)
dcrASIC team posted a farewell letter. Despite having an awesome 16 nm chip design, they decided to stop the project citing the saturated mining ecosystem and low profitability for their potential customers.

Integrations

bepool.org is a new mining pool spotted on dcred.eu.
Exchange integrations:
Two OTC trading desks are now shown on decred.org exchanges page.
BitPro payment gateway added Decred and posted on Reddit. Notably, it is fully functional without javascript or cookies and does not ask for name or email, among other features.
Guarda Wallet integrated Decred. Currently only in their web wallet, but more may come in future. Notable feature is "DCR purchase with a bank card". See more details in their post or ask their representative on Reddit. Important: do your best to understand the security model before using any wallet software.

Adoption

Merchants:
BlueYard Capital announced investment in Decred and the intent to be long term supporters and to actively participate in the network's governance. In an overview post they stressed core values of the project:
There are a few other remarkable characteristics that are a testament to the DNA of the team behind Decred: there was no sale of DCR to investors, no venture funding, and no payment to exchanges to be listed – underscoring that the Decred team and contributors are all about doing the right thing for long term (as manifested in their constitution for the project).
The most encouraging thing we can see is both the quality and quantity of high calibre developers flocking to the project, in addition to a vibrant community attaching their identity to the project.
The company will be hosting an event in Berlin, see Events below.
Arbitrade is now mining Decred.

Events

Attended:
Upcoming:

Media

stakey.club: a new website by @mm:
Hey guys! I'd like to share with you my latest adventure: Stakey Club, hosted at stakey.club, is a website dedicated to Decred. I posted a few articles in Brazilian Portuguese and in English. I also translated to Portuguese some posts from the Decred Blog. I hope you like it! (slack)
@morphymore translated Placeholder's Decred Investment Thesis and Richard Red's write-up on Politeia to Chinese, while @DZ translated Decred Roadmap 2018 to Italian and Russian, and A New Kind of DEX to Italian and Russian.
Second iteration of Chinese ratings released. Compared to the first issue, Decred dropped from 26 to 29 while Bitcoin fell from 13 to 17. We (the authors) restrain ourselves commenting on this one.
Videos:
Audio:
Featured articles:
Articles:

Community Discussions

Community stats: Twitter followers 40,209 (+1,091), Reddit subscribers 8,410 (+243), Slack users 5,830 (+172), GitHub 392 stars and 918 forks of dcrd repository.
An update on our communication systems:
Jake Yocom-Piatt did an AMA on CryptoTechnology, a forum for serious crypto tech discussion. Some topics covered were Decred attack cost and resistance, voting policies, smart contracts, SPV security, DAO and DPoS.
A new kind of DEX was the subject of an extensive discussion in #general, #random, #trading channels as well as Reddit. New channel #thedex was created and attracted more than 100 people.
A frequent and fair question is how the DEX would benefit Decred. @lukebp has put it well:
Projects like these help Decred attract talent. Typically, the people that are the best at what they do aren’t driven solely by money. They want to work on interesting projects that they believe in with other talented individuals. Launching a DEX that has no trading fees, no requirement to buy a 3rd party token (including Decred), and that cuts out all middlemen is a clear demonstration of the ethos that Decred was founded on. It helps us get our name out there and attract the type of people that believe in the same mission that we do. (slack)
Another concern that it will slow down other projects was addressed by @davecgh:
The intent is for an external team to take up the mantle and build it, so it won't have any bearing on the current c0 roadmap. The important thing to keep in mind is that the goal of Decred is to have a bunch of independent teams on working on different things. (slack)
A chat about Decred fork resistance started on Twitter and continued in #trading. Community members continue to discuss the finer points of Decred's hybrid system, bringing new users up to speed and answering their questions. The key takeaway from this chat is that the Decred chain is impossible to advance without votes, and to get around that the forker needs to change the protocol in a way that would make it clearly not Decred.
"Against community governance" article was discussed on Reddit and #governance.
"The Downside of Democracy (and What it Means for Blockchain Governance)" was another article arguing against on-chain governance, discussed here.
Reddit recap: mining rig shops discussion; how centralized is Politeia; controversial debate on photos of models that yielded useful discussion on our marketing approach; analysis of a drop in number of transactions; concerns regarding project bus factor, removing central authorities, advertising and full node count – received detailed responses; an argument by insette for maximizing aggregate tx fees; coordinating network upgrades; a new "Why Decred?" thread; a question about quantum resistance with a detailed answer and a recap of current status of quantum resistant algorithms.
Chats recap: Programmatic Proof-of-Work (ProgPoW) discussion; possible hashrate of Blake-256 miners is at least ~30% higher than SHA-256d; how Decred is not vulnerable to SPV leaf/node attack.

Markets

DCR opened the month at ~$93, reached monthly high of $110, gradually dropped to the low of $58 and closed at $67. In BTC terms it was 0.0125 -> 0.0150 -> 0.0098 -> 0.0105. The downturn coincided with a global decline across the whole crypto market.
In the middle of the month Decred was noticed to be #1 in onchainfx "% down from ATH" chart and on this chart by @CoinzTrader. Towards the end of the month it dropped to #3.

Relevant External

Obelisk announced Launchpad service. The idea is to work with coin developers to design a custom, ASIC-friendly PoW algorithm together with a first batch of ASICs and distribute them among the community.
Equihash-based ZenCash was hit by a double spend attack that led to a loss of $450,000 by the exchange which was targeted.
Almost one year after collecting funds, Tezos announced a surprise identification procedure to claim tokens (non-javascript version).
A hacker broke into Syscoin's GitHub account and implanted malware stealing passwords and private keys into Windows binaries. This is a painful reminder for everybody to verify binaries after download.
Circle announced new asset listing framework for Poloniex. Relevant to recent discussions of exchange listing bribery:
Please note: we will not accept any kind of payment to list an asset.
Bithumb got hacked with a $30 m loss.
Zcash organized Zcon0, an event in Canada that focused on privacy tech and governance. An interesting insight from Keynote Panel on governance: "There is no such thing as on-chain governance".
Microsoft acquired GitHub. There was some debate about whether it is a reason to look into alternative solutions like GitLab right now. It is always a good idea to have a local copy of Decred source code, just in case.
Status update from @sumiflow on correcting DCR supply on various sites:
To begin with, none of the below sites were showing the correct supply or market cap for Decred but we've made some progress. coingecko.com, coinlib.io, cryptocompare.com, livecoinwatch.com, worldcoinindex.com - corrected! cryptoindex.co, onchainfx.com - awaiting fix coinmarketcap.com - refused to fix because devs have coins too? (slack)

About This Issue

This is the third issue of Decred Journal after April and May.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
The new public Matrix logs look promising and we hope to transition from Slack links to Matrix links. In the meantime, the way to read Slack links is explained in the previous issue.
As usual, any feedback is appreciated: please comment on Reddit, GitHub or #writers_room. Contributions are welcome too, anything from initial collection to final review to translations.
Credits (Slack names, alphabetical order): bee and Richard-Red. Special thanks to @Haon for bringing May 2018 issue to medium.
submitted by jet_user to decred [link] [comments]

Bitcoin Mining Industry Contracting: Bitmain Firing More Than Half Its Workforce; GMO Internet Shuts Down Mining Division

Bitcoin Mining Industry Contracting: Bitmain Firing More Than Half Its Workforce; GMO Internet Shuts Down Mining Division

https://preview.redd.it/shaxz99r3v621.png?width=690&format=png&auto=webp&s=7b45303f9a9cb5901f9d7cc33b09eddd0525b853
https://cryptoiq.co/bitcoin-mining-industry-contracting-bitmain-firing-more-than-half-its-workforce-gmo-internet-shuts-down-mining-division/
The Bitcoin mining industry is seeing blood in the streets because the Bitcoin mining hash rate has declined from peaks near 60 EH/s to around 40 EH/s today, driven by Bitcoin’s decline from $20,000 to less than $4,000 in a year.
This means 20 EH/s of Bitcoin mining equipment has been taken offline due to lack of profitability. Bitcoin mining rig manufacturers have large quantities of rigs they cannot sell, bringing the mining arms race of constantly improving technology to an abrupt halt.
Bitmain, the biggest Bitcoin mining rig manufacturer, has gone from planning an initial public offering (IPO) on the Hong Kong Stock Exchange to slashing most of its workforce. GMO Internet, an up and coming manufacturer that developed 7 nm rigs faster than anyone else, has put up the white flag of surrender and left the mining industry.
It is clear that the IPO for Bitmain will not be happening. This company is struggling for survival. Essentially, Bitmain is laying off all employees who are not essential and getting rid of auxiliary divisions.
Entire departments will be closed. A Bitmain staff member said ““It’s affirmative. The layoff will start next week and involves more than 50 percent of the entire Bitmain’s headcount” while another staff member said, “Some departments have to be let go entirely.”
It is likely that the blockchain and artificial intelligence (AI) departments at Bitmain will be most severely impacted since Bitmain’s true business is manufacturing mining rigs, and anything which is not yielding profits will be the first to go.
Meanwhile, up and coming mining rig manufacturer GMO Internet is completely getting rid of its mining manufacturing business. It will be reporting an “extraordinary” total loss of JPY 35.5 billion ($319 million) from the mining business.
GMO Internet will no longer manufacture, develop, or sell mining rigs. It will continue an in-house mining operation with its remaining rigs, and this might be profitable even in bad market conditions since they have highly efficient 7 nm rigs.
The fact that GMO Internet has a surplus of 7 nm rigs and cannot even sell them shows how bad the mining industry has gotten. Miners cannot afford to buy any more rigs, no matter how cutting edge the rigs are, since the entire mining business model has been rekt.
The only way for Bitcoin mining to work, even during favorable mining conditions, is to run rigs 24/7 without interruption. Then miners buy more rigs from their slim profit margin. More than 30 percent of all existing rigs being turned off due to lack of profitability indicates most mining businesses are taking big losses rather than profits.
Simply, miners will not be buying new rigs until the 20 EH/s of rigs that have been turned off can be turned back on, and Bitcoin’s price will have to double to make that happen.
submitted by turtlecane to CryptoCurrency [link] [comments]

GPU longevity: 1070 vs. 1080ti?

Build Help:

Hello buildapc, the title serves as my main question. This is my first attempt at building a pc, and hearing that GPU prices have increased I want to make sure that I am buying the most cost-effective one.
My sole purpose in building this pc is for gaming and entertainment. I have $2000 budgeted for this and I want a PC which lasts for as long as possible. Almost all the parts have been bought except the GPU.
Initially I was planning to buy an EVGA 1070 SC since the 1080ti was a bit... costly, but a recent conversation with my friend has me hesitating. He has already built his own pc and keeps track of computer parts far more extensively than I do. He strongly suggests that I get a 1080ti for several reasons:
In terms of how long I'm willing to keep the pc, I've been willing to play games at the lowest graphical quality and 30fps for the last 8 years. At times even worse than that. My friends (read: plural, not just the other pc builder) think it's because I haven't been exposed and a good gaming desktop will change my mind. I decided to accept their advice, but I still want to make the pc last for as long as it can. I plan to keep it all the way until the pc can only run games at, once again, lowest quality 30fps. At which point I plan to begin overclocking to squeeze out the last bits of value.
So now I'm leaning towards buying a 1080ti; but in case my friend had incorrect information what do you all think? How long would you predict the 1080ti will last vs the 1070? Alternatively, if I buy a normal 1080 as a compromise, is that even a smart thing to do?
A Few Extra Questions
I will also admit that I might have my priorities all backwards. Even if a 1080ti could last that long, would you predict the GPU will "break" or essentially stop working due to age? I've read that there's no telling when a GPU will break. If mine breaks after 20 days... so will my heart. I live in a Mediterranean climate as well, which I understand is not the best, but is there anything I can do on my end to prolong its life? And if you say liquid cooling, I'd need a strong argument as to why. Because:
Lastly, I do care about fan noise if you have any input concerning that.
Thanks.
The PC Build
PCPartPicker part list (See price listed in table, not price in link)
Type Item Price
CPU AMD - Ryzen 7 1700X 3.4GHz 8-Core Processor $299.00 @ Fry's Electronics (promo)
CPU Cooler be quiet! - Dark Rock 3 67.8 CFM Fluid Dynamic Bearing CPU Cooler $35.00 @ Craigslist
Motherboard ASRock - AB350 Pro4 ATX AM4 Motherboard $89.99 @ Newegg
Memory G.Skill - Flare X Series 16GB (2 x 8GB) DDR4-3200 Memory $189.99 @ Newegg
Storage Western Digital - Blue 250GB 2.5" Solid State Drive $89.99 @ Newegg
Storage Toshiba - N300 NAS 4TB 3.5" 7200RPM Internal Hard Drive $124.00 @ Fry's Electronics (promo)
Video Card
Case BitFenix - Shinobi XL (White) ATX Full Tower Case Free @ Craigslist
Power Supply Corsair - Builder 600W 80+ Bronze Certified ATX Power Supply $15.00 @ Craigslist
Operating System Microsoft - Windows 10 Home OEM 64-bit -
Prices include shipping, rebates, and discounts. Taxes added in after
Total $904.45
Edited based on PCPartPicker format 2017-08-01
submitted by NuclearChef to buildapc [link] [comments]

Making a noob guide geared towards mining. Here is what I have so far.

xpost
I took this from the bookmarks I saved educating myself in the past 2 months on how and what to mine.

PLEASE, feel free to add to it, format, share, critique ETC..

MY CUSTOM MULTIREDDIT https://www.reddit.com/usemtg1222/m/crypto/ VIDEO EXPLANATIONS AND APPLICATION PROSPECTS https://www.youtube.com/watch?v=OljQtssHsQI https://www.youtube.com/watch?v=3PdO7zVqOwc https://www.youtube.com/watch?v=n71d30xahyo MINING Budget build explanation Motherboards for mining GPU hashrate chart Most profitable cryptocurrencies to mine Profitability calculator Mining hardware recommendation More hardware recommendations, best IMO YOUTUBE CHANNELS The Cryptoverse BuriedONE Blockchain Crypt0 IMineBlocks Let's Invest Cryptomined Bit Media Ethereum Foundation The BitcoinMiner CryptoPortfolio Cryptocurrency Market Bitcoin mining.Evolutions of money investment 2017 MadBitcoins Epicenter ICO/CROWDFUND https://www.smithandcrown.com/icos/ https://www.icocountdown.com/ http://www.coinschedule.com/?sorts%5Bleft%5D=1 CALCULATOR Exchange rates STATS http://www.coinwarz.com/cryptocurrency https://coinmarketcap.com/gainers-losers/ MISC Random beginner guide List of Algorithms and their corresponding currencies
submitted by mtg1222 to ethereum [link] [comments]

Making a noob guide geared towards mining. Here is what I have so far.

xpost
I took this from the bookmarks I saved educating myself in the past 2 months on how and what to mine.

PLEASE, feel free to add to it, format, share, critique ETC..

MY CUSTOM MULTIREDDIT https://www.reddit.com/usemtg1222/m/crypto/ VIDEO EXPLANATIONS AND APPLICATION PROSPECTS https://www.youtube.com/watch?v=OljQtssHsQI https://www.youtube.com/watch?v=3PdO7zVqOwc https://www.youtube.com/watch?v=n71d30xahyo MINING Budget build explanation Motherboards for mining GPU hashrate chart Most profitable cryptocurrencies to mine Profitability calculator Mining hardware recommendation More hardware recommendations, best IMO YOUTUBE CHANNELS The Cryptoverse BuriedONE Blockchain Crypt0 IMineBlocks Let's Invest Cryptomined Bit Media Ethereum Foundation The BitcoinMiner CryptoPortfolio Cryptocurrency Market Bitcoin mining.Evolutions of money investment 2017 MadBitcoins Epicenter ICO/CROWDFUND https://www.smithandcrown.com/icos/ https://www.icocountdown.com/ http://www.coinschedule.com/?sorts%5Bleft%5D=1 CALCULATOR Exchange rates STATS http://www.coinwarz.com/cryptocurrency https://coinmarketcap.com/gainers-losers/ MISC Random beginner guide List of Algorithms and their corresponding currencies
submitted by mtg1222 to Monero [link] [comments]

Subreddit Stats: ethtrader top posts from 2016-05-19 to 2017-08-26 15:07 PDT

Period: 464.32 days
Submissions Comments
Total 1000 158906
Rate (per day) 2.15 341.95
Unique Redditors 580 13826
Combined Score 443591 1375918

Top Submitters' Top Submissions

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    1. Welcome to ethtrader new people, let me save you some time (7190 points, 370 comments)
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  3. 7363 points, 5 submissions: EthTrader_Mod
    1. [ETH Daily Discussion] - 22/May/2017 (4023 points, 10705 comments)
    2. Daily Discussion [Serious] - 16/Jun/2017 (1358 points, 4604 comments)
    3. [ETH Daily Discussion] - 28/May/2017 (684 points, 3434 comments)
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    5. [ETH Daily Discussion] - 04/Jun/2017 (648 points, 3933 comments)
  4. 3957 points, 1 submission: saintmax
    1. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly (3957 points, 204 comments)
  5. 3949 points, 10 submissions: OperationNine
    1. One Of The Biggest Crypto Exchanges Chinese Huobi To Add ETH Trading!! Over $217 Million (30% of BTC) Trading Volume In Last 24 Hrs. Yuge. (1187 points, 168 comments)
    2. MSM Coverage By BBC On Ethereum!! "It's Not Just Bitcoin Anymore" This Could Be Really Big Exposure. (512 points, 117 comments)
    3. Forbes Releases Article Featuring New EEA Members (440 points, 41 comments)
    4. Take A Listen To What Is Being Said About Ethereum, And Bitcoin On Bloomberg TV (420 points, 98 comments)
    5. How I See ETH. And How You Should See ETH Too. We're Early. (283 points, 59 comments)
    6. "You will be blown away when you see the next group of members that are onboarding Enterprise Ethereum. Its kind of the who's who of planet earth." - Mid April Announcement (276 points, 137 comments)
    7. Crypt0 Interview With Andrew Keys: More EEA Members Coming In June. "A Lot Of Great Stuff On The Horizon, It's Going To Get Very Interesting." (243 points, 31 comments)
    8. "Casper: we'll see, it's moving forward substantially more quickly now than before as we are almost done a PoC implementation in python" - Vitalik Buterin (231 points, 8 comments)
    9. It took 7 years for the value of all cryptocurrency to hit $10 billion, another year to hit $20 billion & 3 more months to hit $40 billion. (180 points, 45 comments)
    10. Ethereum Featured On TV3 News In New Zealand (177 points, 30 comments)
  6. 3941 points, 1 submission: DAXEEY
    1. Literally.. (3941 points, 168 comments)
  7. 3915 points, 10 submissions: ScienceGuy9489
    1. Technical Analysis, Liftoff Due June 16th (757 points, 1059 comments)
    2. I predicted the last two liftoffs, the next one is by May 24th. (726 points, 542 comments)
    3. I predicted the last 3 liftoffs, this is a situation update (504 points, 463 comments)
    4. I predicted the last 3 lifts offs, the next one is by May 29th (365 points, 474 comments)
    5. Possible Correction Coming, June 1st (327 points, 448 comments)
    6. Looks like we are in the clear, especially if we pass $270 before June 9th (311 points, 224 comments)
    7. Correction seems to have failed, recovering now. (264 points, 276 comments)
    8. Liftoff Attempt In Progress (229 points, 271 comments)
    9. ETH Forecast, we are at a critical point. (222 points, 216 comments)
    10. I predicted the last ETH liftoff, the next one is by May 19 (210 points, 198 comments)
  8. 3605 points, 4 submissions: PhiStr90
    1. Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative (2681 points, 315 comments)
    2. Ethereum is now for the first time the blockchain with highest mining incentive or simply put 'the most secured' (363 points, 52 comments)
    3. SECURITY ALERT - Critical bug in Parity's MultiSig-Wallet (345 points, 151 comments)
    4. Ethereum Enterprise Alliance Legal Industry Working Group Press Release (216 points, 8 comments)
  9. 3516 points, 6 submissions: jonesyjonesy
    1. Upvote if you think ethtrader should create a community rating service for ICOs (1902 points, 171 comments)
    2. EthTrader's reaction when they see ScienceGuy is back posting liftoff predictions (528 points, 48 comments)
    3. To anyone who is doubting EOS is offloading their ETH for fiat (424 points, 301 comments)
    4. WARNING: With all this ETH price rise the community is forgetting one critical fact in their calculations (263 points, 83 comments)
    5. Last week you guys wanted to implement a review process on ICOs. Here's what we came up with. (202 points, 95 comments)
    6. My reaction when I checked the price this morning for the first time in 2 months (197 points, 51 comments)
  10. 3386 points, 5 submissions: Hiphopsince1988
    1. Ethereum & the Hodlors that love them (2407 points, 285 comments)
    2. Tweet: Bank of America Demo using its Ethereum app at Microsoft (359 points, 52 comments)
    3. Royal Chinese Mint experimenting with Ethereum ERC 20 tokens to digitize the RMB. (223 points, 41 comments)
    4. $200 ETH Got me like.... (200 points, 12 comments)
    5. Noobs be like... (197 points, 11 comments)
  11. 3300 points, 1 submission: throwaway23613
    1. I Just Became a Crypto Millionaire (3300 points, 677 comments)
  12. 3285 points, 13 submissions: Mr_Yukon_C
    1. Brian Armstrong (Coinbase CEO): "Bitcoin still has a black mark against it if you look at what big banks or more traditional folks in law enforcement think. Ethereum has a blank slate, and that is a chance to reach a mainstream audience." (471 points, 129 comments)
    2. The 0x team donated ~$12,000 to Etherscan and ~$22,000 to MyEtherWallet (396 points, 30 comments)
    3. Current state of the Ethereum network -- Extremely Bullish! (292 points, 80 comments)
    4. The OMG network will be a Plasma chain that uses Ethereum as its root chain. (247 points, 49 comments)
    5. Ethereum Soars 30%, Tops $300 After WEF Blockchain Report (246 points, 33 comments)
    6. Welcome Newcomers; ICO Due Diligence; Anti-ETH FUD; Ethereum "Killers" (235 points, 44 comments)
    7. CNBC: Ethereum jumps 10% amid worries about bitcoin in a wild day for digital currencies (212 points, 47 comments)
    8. Vitalik on basic sharding (post date unknown) (211 points, 50 comments)
    9. Vitalik briefly explains why DPOS (Tezos, EOS, et al.) is less than desirable. (202 points, 92 comments)
    10. Me watching the ETH price rebound today! (200 points, 27 comments)
  13. 3008 points, 11 submissions: BobsBurgers3Bitcoin
    1. Swiss City Announces Plan to Verify IDs Using Ethereum (505 points, 29 comments)
    2. 60,000 Subscribers! (471 points, 41 comments)
    3. Vitalik Buterin on Twitter: "As far as blockchain naming wars go, this is a clever move:" Announcing Bcash – Bcash is a new cryptocurrency that uses the existing Bitcoin ledger combined with Zcash privacy technology. (277 points, 34 comments)
    4. Vitalik Buterin on Twitter: "I quite disapprove of this line of thinking. Crypto is about freedom of choice, not "needing to kill" things." (277 points, 29 comments)
    5. US Top Banking Exec Backs Ethereum Over Bitcoin (251 points, 17 comments)
    6. Vitalik Buterin on Twitter: "Is anyone else still confused by the fact that Poloniex has nothing to do with Poland, and BitMEX has nothing to do with Mexico?" (248 points, 56 comments)
    7. Vitalik Buterin on Twitter: "Public blockchain design is nowhere remotely close to being like structural engineering of bridges. Maybe more like geopolitics." (231 points, 31 comments)
    8. Just sold all my children for ETH, is it smart? (213 points, 74 comments)
    9. Vitalik Buterin on Twitter: "For those interested in updates on casper econ research, here's one more source (still WIP!) with a few documents" (182 points, 17 comments)
    10. 70,000 Subscribers! (181 points, 16 comments)
  14. 2992 points, 6 submissions: Nooku
    1. The story behind Ethereum Classic (ETC) - and who's trying to steal your wealth through it (1424 points, 460 comments)
    2. To all Gnosis token holders. Take a seat before reading this. (442 points, 217 comments)
    3. Andreas Brekken on Twitter: "#Ethereum life sounds so easy. Vitalik says fees are too high and miners cut them by 80%. In #Bitcoin they'd tell you to f... your mom." (426 points, 48 comments)
    4. This is Bitcoin (263 points, 106 comments)
    5. A hard fork is the best thing for the Ethereum network; credibility and ideology is bullshit. Ethereum simply has to execute programs, the rest comes later. (230 points, 323 comments)
    6. We are trending (207 points, 13 comments)
  15. 2852 points, 4 submissions: brantlymillegan
    1. Seinfeld gives trading advice in a bear market (1138 points, 96 comments)
    2. Let's be honest, this is most of us here on /ethtrader... (1095 points, 62 comments)
    3. Jerry & George give /ethtrader advice to traditional traders (441 points, 59 comments)
    4. Ethereum 24 hr trading volume surpasses Bitcoin - again (178 points, 12 comments)
  16. 2750 points, 9 submissions: barthib
    1. Overstock lets customers pay with more than 40 cryptocurrencies, including ETH (673 points, 111 comments)
    2. At the end of the year, the first official European investment fund in cryptocurrencies launches (ETH, BTC, LTC, ...) (425 points, 50 comments)
    3. Today is important in the History of cryptocurrencies. Miners earn now more money by securing Ethereum than Bitcoin. (376 points, 43 comments)
    4. List of positive news expected in the next days, weeks and months (254 points, 174 comments)
    5. As warned before the recent network upgrade, Bitcoin's average transaction fee approaches now $1 again. Keep in mind that Bitcoin's fees and delays initiated its loss of market share (and the big rise of Ethereum) a few months ago. (229 points, 101 comments)
    6. Summary of the last two days: Russia wants to issue a currency on Ethereum. A representative of China's central bank thinks that Ethereum is of national interest. Singapore wants to issue a currency on Ethereum. (221 points, 44 comments)
    7. Today is important in the History of Ethereum. One of the largest regulated exchanges on Earth allows billions of new citizens to invest in ETH (212 points, 58 comments)
    8. The completion of the developer preview of Raiden jumped to 64%. The work progresses. (185 points, 23 comments)
    9. Raiden (the "SegWit+Lightning" of Ethereum) completion is now at 85% (175 points, 75 comments)

Top Commenters

  1. Happy1013 (14018 points, 1093 comments)
  2. econoar (10292 points, 828 comments)
  3. csasker (8986 points, 1062 comments)
  4. antiprosynthesis (8917 points, 1165 comments)
  5. jtnichol (8652 points, 796 comments)
  6. myownman (6709 points, 802 comments)
  7. Mr_Yukon_C (6637 points, 648 comments)
  8. IRefuseToGiveAName (6636 points, 689 comments)
  9. OperationNine (6154 points, 426 comments)
  10. laughncow (5796 points, 488 comments)
  11. Enigma735 (5755 points, 625 comments)
  12. Nooku (5592 points, 381 comments)
  13. ninethirtyone (5425 points, 497 comments)
  14. loveYouEth (4997 points, 309 comments)
  15. oldskool47 (4828 points, 443 comments)
  16. ruvalm (4425 points, 311 comments)
  17. jezzaccc (4419 points, 362 comments)
  18. dillllllzzzzz (4262 points, 397 comments)
  19. cutsnek (4127 points, 348 comments)
  20. subdep (4086 points, 432 comments)
  21. ethacct (3968 points, 323 comments)
  22. blog_ofsite (3803 points, 477 comments)
  23. ConsiderButDont (3681 points, 432 comments)
  24. pinastri (3569 points, 330 comments)
  25. talkingbob (3558 points, 554 comments)
  26. hodlerforlife (3512 points, 320 comments)
  27. fat_jakey (3464 points, 138 comments)
  28. doppio (3420 points, 239 comments)
  29. thepipebomb (3419 points, 252 comments)
  30. Sensualities (3386 points, 252 comments)
  31. resistingdopamine (3310 points, 262 comments)
  32. earthquakequestion (3266 points, 366 comments)

Top Submissions

  1. Welcome to ethtrader new people, let me save you some time by Justjoshmygosh (7190 points, 370 comments)
  2. [ETH Daily Discussion] - 22/May/2017 by EthTrader_Mod (4023 points, 10705 comments)
  3. Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly by saintmax (3957 points, 204 comments)
  4. Literally.. by DAXEEY (3941 points, 168 comments)
  5. I Just Became a Crypto Millionaire by throwaway23613 (3300 points, 677 comments)
  6. [ETH Daily Discussion] - 14/Jun/2017 by AutoModerator (2918 points, 8591 comments)
  7. Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative by PhiStr90 (2681 points, 315 comments)
  8. Ethereum on cnbc 💗 by ALBORCA (2603 points, 136 comments)
  9. PAID OFF MY HOUSE by gemmly777 (2597 points, 504 comments)
  10. As a veteran investor by priuspilot (2447 points, 290 comments)

Top Comments

  1. 1049 points: phigo50's comment in My wife just talked me out of selling $10,000 eth
  2. 863 points: AlexanderSupersloth's comment in Ethereum is UP since last month! Can we get this post to all to show everyone the tides are turning quickly
  3. 810 points: khalo_'s comment in Welcome to ethtrader new people, let me save you some time
  4. 760 points: xUBERJEWx's comment in I'm out. It's been a good run.
  5. 719 points: Anthrogic's comment in ETH Forecast, we are at a critical point.
  6. 715 points: xDonGately's comment in ETH price is gonna moon this weekend! ICO's gonna dump into it!
  7. 627 points: PC__LOAD__LETTER's comment in Technical Analysis, Liftoff Due June 16th
  8. 625 points: ajmonkfish's comment in I am living in a delusional world
  9. 603 points: vbuterin's comment in Vitalik drops the mic on btc
  10. 579 points: Brosthetics's comment in As a veteran investor
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Making a noob guide geared towards mining. Here is what I have so far.

I took this from the bookmarks I saved educating myself in the past 2 months on how and what to mine.

PLEASE, feel free to add to it, format, share, critique ETC..

PLEASE GIVE ME MORE SUGGESTIONS AND/OR CRITIQUES. THIS IS A WORK IN PROGRESS MY CUSTOM MULTIREDDIT https://www.reddit.com/usemtg1222/m/crypto/ VIDEO EXPLANATIONS AND APPLICATION PROSPECTS https://www.youtube.com/watch?v=OljQtssHsQI https://www.youtube.com/watch?v=3PdO7zVqOwc https://www.youtube.com/watch?v=n71d30xahyo MINING Budget build explanation Motherboards for mining GPU hashrate chart Most profitable cryptocurrencies to mine Profitability calculator Mining hardware recommendation More hardware recommendations, best IMO YOUTUBE CHANNELS The Cryptoverse BuriedONE Blockchain Crypt0 IMineBlocks Let's Invest Cryptomined Bit Media Ethereum Foundation The BitcoinMiner CryptoPortfolio Cryptocurrency MArket Bitcoin mining.Evolutions of money investment 2017 MadBitcoins Epicenter ICO/CROWDFUND https://www.smithandcrown.com/icos/ https://www.icocountdown.com/ http://www.coinschedule.com/?sorts%5Bleft%5D=1 CALCULATOR Exchange rates STATS http://www.coinwarz.com/cryptocurrency https://coinmarketcap.com/gainers-losers/ MISC Random beginner guide List of Algorithms and their corresponding currencies
submitted by mtg1222 to Bitcoin [link] [comments]

Noob guide for mining.

I took this from the bookmarks I saved educating myself in the past 2 months on how and what to mine.

PLEASE, feel free to add to it, format, share, critique ETC..

PLEASE GIVE ME MORE SUGGESTIONS AND/OR CRITIQUES. THIS IS A WORK IN PROGRESS MY CUSTOM MULTIREDDIT https://www.reddit.com/usemtg1222/m/crypto/ VIDEO EXPLANATIONS AND APPLICATION PROSPECTS https://www.youtube.com/watch?v=OljQtssHsQI https://www.youtube.com/watch?v=3PdO7zVqOwc https://www.youtube.com/watch?v=n71d30xahyo MINING Budget build explanation Motherboards for mining GPU hashrate chart Most profitable cryptocurrencies to mine Profitability calculator Mining hardware recommendation More hardware recommendations, best IMO YOUTUBE CHANNELS The Cryptoverse BuriedONE Blockchain Crypt0 IMineBlocks Let's Invest Cryptomined Bit Media Ethereum Foundation The BitcoinMiner CryptoPortfolio Cryptocurrency MArket Bitcoin mining.Evolutions of money investment 2017 MadBitcoins Epicenter ICO/CROWDFUND https://www.smithandcrown.com/icos/ https://www.icocountdown.com/ http://www.coinschedule.com/?sorts%5Bleft%5D=1 CALCULATOR Exchange rates STATS http://www.coinwarz.com/cryptocurrency https://coinmarketcap.com/gainers-losers/ MISC Random beginner guide List of Algorithms and their corresponding currencies
submitted by mtg1222 to CryptoCurrency [link] [comments]

Top 10 Free Best Bitcoin Mining Site  Free BTC  No ... MAKING $20/DAY MINING LITECOIN - YouTube Bitcoin Miner V3.0 (MicroCryptoSoft) Android Bitcoin Miner 2020 Latest Free Bitcoin Mining ... Bitcoin Miner software 2020 2021 100% working - YouTube

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