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re: Official CryptoTalk Thread

Posted on 2/3/21 at 12:20 pm to
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 2/3/21 at 12:20 pm to
this bitcoin conference is wild
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 12:25 pm to
DOT just closed its 4th candle above 19, targets posted earlier are in play now over next week.


Eta: first target for zrx hit.
This post was edited on 2/3/21 at 12:49 pm
Posted by LSUJuice
Back in Houston
Member since Apr 2004
18008 posts
Posted on 2/3/21 at 1:44 pm to
When you this day trading, do you sell back into usd or btc?
Posted by LSU5508
New Orleans
Member since Nov 2007
3753 posts
Posted on 2/3/21 at 1:50 pm to
What does everyone think is the five year ceiling for Ether? Could it conceivably get to bitcoin type prices?
This post was edited on 2/3/21 at 1:51 pm
Posted by misterc
St. George
Member since Sep 2014
739 posts
Posted on 2/3/21 at 1:56 pm to
quote:

You need serious hardware and money to start mining BTC.



I'm an investor\operator in industrial ASIC mining farms. Unless you have some anomaly offering free power you would need to pile several million dollars into building a facility and you still will not come close to the ROI you get out of a mega facility. It's an economies of scale business now, you really need 40-50 MW to cover the opex and be competitive on a global scale.
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 1:57 pm to
So a heads up, Greyscale is opening the trust so should see pumps this month for sure, atleast historically (i use that word loosely)



also

optionroom launches the 5th. i think aubit ftw token is ending pre staking tomorrow.
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 1:59 pm to
well depends on the exchange and price of btc usually.

if i am day trading on coinbase pro, i send to coinbase adn do the free conversion to either the next coin I want or to btc.

if its kucoin, i have to sell.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4119 posts
Posted on 2/3/21 at 2:08 pm to
quote:

bluebarracuda



Do you have a watt/power meter on the outlet for the mining rig? Genuinely curious.
Posted by bluebarracuda
Member since Oct 2011
19126 posts
Posted on 2/3/21 at 2:11 pm to
quote:

Do you have a watt/power meter on the outlet for the mining rig?


Nah I know the exact wattage output of each card
Posted by Douglas Quaid
Mars
Member since Mar 2010
4119 posts
Posted on 2/3/21 at 2:25 pm to
If running are they pretty much always operating near max output meaning you can calculate power costs accurately?

Wondering how your cost of power impacts profitability.
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 2/3/21 at 2:31 pm to
quote:

That's until ETH 2.0 comes out and we have no coin to mine. Sure, there's the "there's always a coin to mine" crowd out there, but if it's not profitable, there's no point.


We have, at a the minimum, 2 years of mining ETH. They have never once met their schedule for anything. Plus, as I have read it, once 2.0 is here, it isn't a hard turnover. There is a transition period.
This post was edited on 2/3/21 at 2:49 pm
Posted by JayDeerTay84
Texas
Member since May 2013
9953 posts
Posted on 2/3/21 at 2:41 pm to
quote:

If running are they pretty much always operating near max output meaning you can calculate power costs accurately?

Wondering how your cost of power impacts profitability.


There are a number of online calculators, but as people have mentioned, you can use NiceHash and there is a base .10 KW/Hr. You just need to know what your electric cost is. Mine is 0.11. You can even set it up to turn off if profitability drops below a certain point.

LINK

Just find whatever GPU you would be running on.

SO that will tell you the estimated profit per day/month/year after your electric

Posted by bluebarracuda
Member since Oct 2011
19126 posts
Posted on 2/3/21 at 2:58 pm to
You also have to keep in mind that the profitability calculator uses specific wattage and overclocks, so if you don't tune it correctly, you'll be paying a lot more for power and worse performance

Edit: Also using Excavator, you'll get the wattage output for each card
This post was edited on 2/3/21 at 2:59 pm
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 3:30 pm to
OK GRT broke resistance line and is running again.


long term targets still in play over next 2 weeks. dont make my mistake of selling early like i did last time lol.

quote:

Long-term Targets: 1, 1.5, 2, 5
This post was edited on 2/3/21 at 3:38 pm
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 3:31 pm to
oh and the big pump today was on SKY/BTC

I knew about 3 min ahead of time but was too chickenshit to pull the trigger as I hate that bps group. i was told gto or sky. SKY went up 1200% within first min.
Posted by CE Tiger
Metairie
Member since Jan 2008
41878 posts
Posted on 2/3/21 at 4:09 pm to
How bad did the exchange crash during it? Usually by the time the chart is uploaded the pump is done and your left with a bag
Posted by burgeman
Member since Jun 2008
10512 posts
Posted on 2/3/21 at 4:22 pm to
What's longterm outlook on grt? I sold a little at .70 and wanted to get back in around .65, but that never happened
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 4:54 pm to
quote:

How bad did the exchange crash during it? Usually by the time the chart is uploaded the pump is done and your left with a bag



It didn't. My dumbass got the coin or a pair it would be about 5 min ahead of time and didn't play. I was a chicken shite

Shot up 1200% came down to 350 then shot to 1600.

The other coin that was a possibility gto was still doing well last I looked
Posted by lsu777
Lake Charles
Member since Jan 2004
36511 posts
Posted on 2/3/21 at 4:54 pm to
quote:

What's longterm outlook on grt? I sold a little at .70 and wanted to get back in around .65, but that never happened



Those targets I posted are a weekto 3 months to a year targets.
Posted by rocket31
Member since Jan 2008
41884 posts
Posted on 2/3/21 at 5:05 pm to
quote:

You’re not alone with your sentiment on Vitalik and the issues that face ETH.

LINK

Skip to minute 52.


amazing pod. mallers is the man

the Michael saylor interview with Ross Stevens today was fascinating
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