Maybe....Your calling yourself scum and admitting your a scalper?Miners are scum. Scalpers are OK. Got it.
Maybe....Your calling yourself scum and admitting your a scalper?Miners are scum. Scalpers are OK. Got it.
Blockchain solution are NOT powered by "miners". At least not the kind of "miners" you think about - running GPU rigs at home and killing this market for everyone else.The truth is, the future is distributed apps, and distributed (decentralized) web sites. Which, will be powered by... get this, block-chain technology. Which is powered by... get this, MINERS!
115MH/s is only possible if the GPU memory can be overclocked by 25-30%, and maybe.Hmm, 115Mh/sec, per card? Not too shabby, but at what price? RX 5700/5700XT gets 48-53Mh/sec, and those cards are $300-400 new.
And who's at fault then?Blockchain solution are NOT powered by "miners". At least not the kind of "miners" you think about - running GPU rigs at home and killing this market for everyone else.
At fault of what?And who's at fault then?
Then the majority of the faults are with datacenters and those large warehouse mining facilities not PCs. You can't compare an individual buying 5-6 cards with a warehouse getting 2000.Obviously, the "mining" happens in datacenters, not on users' PCs.
Then they're NOT decentralized. They're basically "blockchain by fiat". Which would make them pointless to serve as the basis for "the distributed web". Might as well consolidate the entire internet onto one big IBM server (as they also proposed doing, at one point). Not everything IBM does makes sense. IBM only does what makes IBM the most money, like selling tabulating machines to the Third Reich.Blockchain enterprise solutions use permissioned distributed ledgers, i.e. blockchains that only the select people can access.
It's like a "coin" made and used only within an organization or agreement. Obviously, the "mining" happens in datacenters, not on users' PCs.
Nobody asked you to step into this thread...And honestly, why does this thread even exist by now?
You don't need 2000 GPUs to run a private blockchain. It can be mined on a much simpler equipment - using much less electricityThen the majority of the faults are with datacenters and those large warehouse mining facilities not PCs. You can't compare an individual buying 5-6 cards with a warehouse getting 2000.
If few companies run a system based on blockchain, each can run their own computing node. That's the idea behind running a distributed ledger.Then they're NOT decentralized. They're basically "blockchain by fiat".
That's the thing about public forums... from time to time someone crashes a self-pleasuring discussion and asks a difficult question.Nobody asked you to step into this thread...
But I specifically brought up decentralized apps and web sites. Not corporate "blockchains".That's the thing about public forums... from time to time someone crashes a self-pleasuring discussion and asks a difficult question.
I opened the discussion because it made me curious that someone still discusses ETH. And then I noticed a misunderstanding in your comment so I tried to... help? Share some knowledge?
You don't want it... your choice. But don't worry, I won't stay long.
Just for that I'm buying all the 3080s and 3090s I can get my slimy hands on.I just hope none of the 30 series cards get into the hands of slimy crypto currency miner hands.
He's a VIP member at Microcenter so good luck with that!Just for that I'm buying all the 3080s and 3090s I can get my slimy hands on.
If you can't seem to find one, I'll sell you one...for a fee.![]()
I don't think you understand how Ethereum works then. Nearly everyone, and I mean even massive mining farms use pool mining services to mine. Full nodes are no longer needed to be a miner - that period was a blip in history only true during early 2016.You don't need 2000 GPUs to run a private blockchain. It can be mined on a much simpler equipment - using much less electricity.
I think you misunderstood what I meant.I don't think you understand how Ethereum works then.
So, to all the people that "invest" in ETH (by either mining or buying) because they think one day a big bank like Goldman Sachs will say: "we'll be using ETH for our whatever" and value will explode, I just wanted to say: maybe try other options.The truth is, the future is distributed apps, and distributed (decentralized) web sites. Which, will be powered by... get this, block-chain technology. Which is powered by... get this, MINERS!
You already did.I think you misunderstood what I meant.
I have absolutely no interest and fairly limited knowledge about mining cryptocurrencies (wasting GPUs and electricity for some occasional profit). I definitely won't discuss that.
And honestly, why does this thread even exist by now? Mining at home is such a waste of time and money. Is it because people are left with piles of infrastructure from the mining bubble?
-Starts with saying mining is a waste in a mining threadI know this is a difficult topic and people get emotional very quickly (especially if they already filled their basement with GPUs). So that's all from me. Take care.
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That's all? Radeon VII was running faster than that, day one.I hear 3080 does over 80MH/s in Tom's review. Will probably improve in time with better miners. I wonder how the AMD cards will do.
Polaris requires 8.8GT/s memory to get 32MH/s hash rates. That means 90.9% efficiency.That's all? Radeon VII was running faster than that, day one.
I agree. Though little expected it would go this high again.@IntelUser2000
I was more looking at it from a cost/benefit analysis angle. Buying a $699 3080 today to mine ETH when you could get something faster for $699 in early 2019 just seems like a bad buy.
Just ran a quick test: my old Radeon VII can do over 102 MH/s with 2000 MHz GPU and 1235 MHz RAM OC, at around 270W. Sadly, you would have to source an old driver since the current driver likes to downclock itself with overclocks. So bad. The NV card is more efficient at that hashrate. That's about it.First test show with memory OC +1250 3080 hash 100Mh/s, +800 hash 95Mhs (power 210-240w)
And you have a relatively power efficient system for mining I guess? Did you keep mining eth all this time? Or only recently? Or not at all?Just ran a quick test: my old Radeon VII can do over 102 MH/s with 2000 MHz GPU and 1235 MHz RAM OC, at around 270W. Sadly, you would have to source an old driver since the current driver likes to downclock itself with overclocks. So bad. The NV card is more efficient at that hashrate. That's about it.
Nah I haven't mined ETH in a long time. I shut down that operation.And you have a relatively power efficient system for mining I guess? Did you keep mining eth all this time? Or only recently? Or not at all?