Missed out on that wtc . What new one next lol
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Yeah. I should say that one of the mods got banned today over some nonsense that didn’t actually happen, so there is a small chance they change the coin.
Invest at own discretion.
lul crypto discord srs bsns
srs pump and dump bidness
inb4 cdt was the molehunt leak
XRB really plummeting right now. TIME TO DOUBLE UP BOYS
Guess I'll go in a bit on CDT and see what happens
Trying to learn this game ... what's the idiot's explanation for why XLM is attractive?
For well informed miners:
I have a few grand to spare, and was thinking of setting up a farm (more or less similar to Ken's) for Ethereum. I live in an area where the kwh is 12ish cents, so on paper it's profitable (if ethe continues to climb). Now, I've read they're moving away from PoW once they introduce Spectre, and will incorporate a more eco-friendly alternative (and secure, etc. etc.): PoS. That being said, is it too late to jump on the mining wagon? How many months are there left before the devs ditch PoW? I've read that it's almost rdy for beta deployment (but not concrete info). Are there other attractive coins to mine like ethe? Thanks.
I'm paying 19.6 cents and still doing very well, so you'll be fine. And yes, Ethereum will transition to PoS with Casper (not Spectre?) later in 2018, making mining obsolete for Ether. Most rumors I hear say not to expect a full transition to PoS until late 2018 or even into 2019. Casper may be released this year (I'm thinking like Q3/Q4), but it will be a phased changeover.
And yes that will hurt mining profits, but I think that the overall the mining market will still be profitable. I've been checking the most profitable coins to mine/scripts to run every day for the past 8 months, and 95% of the time Ether isn't even in the top 3 (see: https://whattomine.com/). That said, having a major player like Ether leave the mining market means that a ton of GPUs are going to all at once move from Ether to other coins, so profits will still definitely come down across the board, but it certainly won't end all together anytime soon.
I'm personally about to pull the trigger on expanding my setup, so yeah. I don't doubt there's still enough time to make it back, especially with current ROIs being 3-6 months max.
Check whattomine and use a program that offers profit switching like awesomeminer. Most of the time you won't be touching ETH. Instead you will be mining other alts that have a higher payout. This is the route I plan to go and will convert over to ETH and hold on cold storage after I take out whatever is left to help play for electricity depending on how ETH is doing at the time.
On the topic of mining, anyone hear about/look into the Envion ICO? Ending within another day.
https://www.envion.org/en/
I've read through the full whitepaper (twice) and everything I can find about them on reddit, blogs, news, and other social media websites. Everything is pretty solid. I even ran my own projections to verify their estimates, and they're not too far off the potential yearly return. I still have mixed feelings on it though, as the one major flaw is to pull it off they're going to need to produce ~1k "Mobile Mining Units" with thousands and thousands of near impossible to find GPUs and ASICs total between them all, and have them all up and running within a few months time. If they are able to do it, then it'll easily surpass their 161% return/year projections... but that's a big if. I read some rumors about partnerships with suppliers, which could be a game-changer, but nothing confirmed or concrete. I do know there are some supplies in like Taiwan where you can bulk-order 500+ GPUs with little trouble, even now. Still, that's a hell of a lot of equipment to assemble and configure in any reasonable amount of time.
I decided to throw some of my mining profits their way, just to get in at $1/token. If nothing else, I feel pretty certain that the $1 value could blow up much higher when the token hits exchanges. The only tokens being created are the ones during the ICO, which at most looks to be around 100-110 million tokens. That gives them a measly market capitalization of ~$110m max at $1/coin, which is sooo tiny.
Thanks for the CDT tip Sath.
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So uh, in regards to envion ico how exactly do you activate your tokens? If i'm not mistaken you need to be an accredited investor, and it seems like them allowing you to throw in money into tokens you can't activate without first telling you leads one to believe that a refund is also not something one would expect to be given.
I’ve seen a few people requesting refunds for similar reasons that were resolved, so it doesn’t seem to be a problem. Though yeah, it’s an ICO so, right to be cautionary and that part rubbed me the wrong way a bit too... but paying with Ethereum generated tokens through the smart contract they tied to the address, and they were delivered to my wallet fine.
I ain’t Gucci gang rich, but I am up about 35% from my initial investment. May pump some more money, but been playing with profit. Got a wedding to save up for! Take me to the moon BG!
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Need a new winner, everything other than ETH that I own is down 11-33% since I bought it (including the CDT I grabbed last night...) Can't coast on Siacoin profits forever
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