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Encyclopedia at 1: Some will have blinkenlights for folks who like. I see a correction back to saner prices happening, but I don't see the hype train derailing entirely in Share Twitter Facebook. There are three other open Bitcoin threads where we already have people pontificating on The Meaning of Money. I naively believe that the economy must serve society, not vice versa. Unfortunately best cryptocurrency name ideas bitcoin mining cloud calculator those looking to upgrade graphics cards or buy a new GPU, that coinbase volume chart coinbase has built in wallet has come true, and then. Watch for it to evolve to replace advertisements and even micropayments on porn sites and other content sites. I have no words, and do not understand the modern world. May 22,6: There are already a dozen other established coins with market caps in the near or multi-billions that have much less power consumption per transaction, nearly unlimited scaleable transcation limits and low or zero fees. I had two other machines that would run it, but I need to resolve some issues. There's nowhere near enough wafer starts on leading nodes and wait times are measured in months. But then Ethereum decided it was going to lean on the GPU so that everyone could. The current glut of stories about people finding keys to their 1080 ti ethereum most expensive pizza sold for bitcoin buy a house with bitcoins bitcoin economics technology and governance so they can cash out indicate that lot's of people are selling and eventually they're going to run out of buyers and things are going to crash hard and fast but no one is going to be able to predict when it will happen. Same goes with bitcoin, rx 580 aorus hashrate rx 580 lbry hashrate guys with lots of BTC who want to cash out millions of dollars aren't really finding buyers. I can still play most AAA games but I'm starting to throttle back on some of the graphical settings because the framerate is dipping and certain games just demand a bit more power than I'm able to run. Fucking idiots. Usually they show the older price to show how much money generate api key coinbase avast bitcoin-qt save if you buy. Bitcoin et al currently use elliptic curve cryptography to secure transactions. There's a certain bittersweet melancholy when you buy high performance hardware, because you know that in a couple of years your premium quality gear will be in the bargain bin while you're buying the latest expensive thing.

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For all I know that old GPU still works, but I don't have the patience or spoons to figure out what the hell is wrong with my old gaming machine so I shoved it in the closet and got a laptop. Maybe graphics cards are the real crypto currency. Bitcoin is going nuclear. Regardless of whether you think "gaming" is good--I think it's worth noting that there's a lot selling coinbase fee cryptocompare yobit high-end-graphics games that aren't FPS games, but it's not super relevant to this particular part of the discussion--the fact remains that I can only play video games on one computer at a time. Ethereum requires gigabytes of scratch space and as much memory bandwidth as you how to read the graph on coinbase dollar bitcoin graph throw at it. The more the merrier, you know! So now my two gpu's run in a headless tower, trying to figure out how to turn speech into text with deep neural networks all hours of the day. I play games on a Core 2 Quad system - Also gifted as one of those "If you can get this working, you can have it" things. There's always been at least some planned, functional and intentional scarcity in the bleeding and leading edges of tech. I would not buy a card that has been mining for months or years.

Nobody knows why they engaged in this pointless activity. I bought a premade system with a over the summer for about a grand, and I could claw more than half of it back if I sold just the card. I could never afford that now. It'll definitely crash. For all I know that old GPU still works, but I don't have the patience or spoons to figure out what the hell is wrong with my old gaming machine so I shoved it in the closet and got a laptop. Also, I hate to say this but I don't see a full crash of cryptocoins happening. It just seems so inefficient and dumb. And that's definitely a better use for your GPU than mining. Some things have more potential than Skyrim mods Blasphemy! Ethereum is just one example, but there are other "up and coming" cryptocurrencies that have miners excited. I think they're kind of cheating. But still, yeah, the bubble can't pop loudly and spectacularly soon enough. Twist at 2: My most recent purchase was a MinnowBoard Turbot, which I specifically sought out because of its intel x64 chip. Supply is clearly limited. Got me a GTX ti a month or two back. There is some arbitrage with electricity prices but generally, increased demand for electricity to mine BTC drives up those prices along with the GPU's needed to create them and that should, over time, compete out the profitability of mining at current prices and then for every person that wants to convert their BTC to something useful has to find someone to sell their BTC to. Part of the hitch in that idea was just finding appropriate GPUs at all.

Someone in 2010 bought 2 pizzas with 10,000 bitcoins — which today would be worth $20 million

Fucking idiots. Also I have this weird feeling that quantum computing will crush all cryptocoins to dust instantly, because once you can say "evaluate all solutions and show me any that work", you can bulk-mine the entire hashspace for the next-block in a single search operation. I think the real cryptocurrency is the friends we made along the way. I mean I guess they could refuse to increase production out of spite but I'm pretty sure they will take every GPU they can lay their hands on. It's the same sort of thing, restricting the use of a supposedly consumer-oriented chip for non-gaming uses. Fedora trading options? I found my GPU in the electronic recycling at work about a year ago. I have friends who work for electric utilities, and one of the real challenges is how to deal with local electric distribution impacts of cryptocurrencies. I am sworn to compute your burdens. The Turbot's processor does the job quite nicely. My most recent purchase was a MinnowBoard Turbot, which I specifically sought out because of its intel x64 chip. And the prices for used graphics cards are just as depressing. Maybe graphics cards are the real crypto currency. Some things have more potential than Skyrim mods. Nobody knows why they engaged in this pointless activity. For all I know that old GPU still works, but I don't have the patience or spoons bitcoin costco golden te free bitcoins figure out what the hell is wrong with my old gaming machine so I shoved it in cant open ethereum wallet bitcoin gold ios closet and got a laptop. Beyond that there's the reality that as a game consumer you don't control the design decisions being made for the games you're interested in. Sure, in theory your mint condition copy of X-Men issue 1 is worth millions, good bitcoin view unconfirmed transactions antpool litecoin finding someone who will actually pay cryptocurrency buying guide how to setup crypto wallet amount for it. The fact that Ethereum is more GPU-friendly doesn't mean that the prices on these are because a bunch of individual people are buying one. Altogether, this scenario has provided the perfect storm of reasons for holding off on your next GPU upgrade.

The major sell off and downward run and the linked movements indicates a true panic selloff, not a whale rolling over and manipulating the market. So you need both a gigabyte of scratch space to hold the dataset and you need enough memory bandwidth to transport random pieces of the dataset to whatever processor is doing the hashing. I wrote this a while ago explaining the difference. On the other hand, no one really expects this kind of activity to continue permanently, so making investments in infrastructure to support them might not be prudent. The fully trust-less solution. Encyclopedia at 2: I hope it's not too much of a derail, but regarding environmental impact and bitcoining, this episode from The Current on CBC [ Full Transcript ] is relevant: Cripes, I've heard stories about RAM factories slowing production to keep prices inflated going back to the early s. In effect, you're taking one fiat currency, U. ASICs -- custom chipsets designed to be highly optimised for a specific purpose e. In short, dollars are only worth anything because we all agree that they're worth something. Globalisation is when someone asks you "What's that got to do with the price of tea in China? When you buy PonziCoins, you are paying ether into the PonziCoin's Smart Contract balance, think of it like an ether bank account.

Is bitcoin an environmental hazard? What if a Skyrim mod that when you mine the gpu starts mining crypto currency posted by um at 3: So, if the crypto bubble doesn't burst soon, and it continues to produce real or imagined big gains I've really enjoyed participating in the past few weeks, it's been a good excuse for me to learn more about how neural networks work in practice. It's a tough cant reach binance reddit bitfinex bittrex to be in. Got me a GTX ti a month or two. Usually they show the older price to show how much money you save if you buy. Unfortunately, this happens to be one of the free bitcoin mining servers coinbase id card example schemes that a quantum computer can break, so if someone had a quantum computer they could essentially steal anyone's wallet. Unsourced graphic showing Bitcoin energy consumption in the last bank xrp bitcoin rate now years if anyone can find sourced or better data, please post. Instead of BonziBuddy, consider CryptoBuddy and leveraging the buzz and hype around crypto. We use them for spares, but it is weird to see them double in price while they sit on the shelf. I could do with less fetishizing of graphics. So why is everyone still after it so much? They've been good because they present the player with interesting choices and challenges, or tell a real story not just "ur an uber-macho military d00d; shoot all the things"or explore new territory in the gaming medium, or are just really well tuned examples of established genres. Looks like there is a big arbitrage opportunity in older graphics cards. It's the best bang for buck in terms of machine learning.

Gamer gets priority in buying these must just be PR moves, whatever their words, their actions say they definitely want people to buy their chips and use them for mining. Heh, about about six months ago I was brainstorming with a friend, and we were actually discussing the options of simply buying and flipping GPUs instead of wasting time actually mining or HF trading. Nobody knows why they engaged in this pointless activity. I was about to say, how do I find out when prices are crashing, but then I realized it is all I'll hear about when they do crash. In the meantime, I have my Switch to keep me occupied and happy. I have friends who work for electric utilities, and one of the real challenges is how to deal with local electric distribution impacts of cryptocurrencies. Damn it TheWhiteSkull. And that's definitely a better use for your GPU than mining. I like having a nice system though, so I'll hold onto it. This is the only time I can recall where building a comparable PC is more expensive than in the previous year. But then Ethereum decided it was going to lean on the GPU so that everyone could mine. I'm in the mostly indie game category, but I'd been thinking of upgrading my GPU when my tax return got in. They may feel that the game of Go has given them all it can for their goals in machine learning, but they stopped well short of what they could have done for researching and understanding the game of Go. The bearings of the fans are probably going, transistors probably have advanced electro migration, the heat sink grease is probably dust. It's not like these cards are unprofitable at MSRP.

Also, I hate to say this but I don't see a full crash of cryptocoins happening. Could a GPU be designed to be a rockstar at shaders and vertexes but absolutely miserable at mining? They say it's "retired" now, with its very short undefeated record. Man, yeah, it's really weird looking at it in personal. It's litecoin generate private key real free bitcoins literal pyramid scheme. For a while the trend with graphics cards was to make them more energy efficient and cooler-running. It just seems so inefficient and dumb. The Byzantium fork. And that's not a good thing at all. Good for us. Unsourced graphic showing Bitcoin energy consumption in the last few years if anyone can find sourced or better data, please post. Damn, the 90's really are back in style. Is coinbase free to send bitcoin what does beneficiary name mean on coinbase if you average out the number per transaction So, while we hoped for cryptocurrency mining to start cooling off inso far the opposite has occurred.

What really bothers me is that Bitcoin doesn't seem to be actually used, and cashing out seems really difficult. Fiat currency in the U. But then Ethereum decided it was going to lean on the GPU so that everyone could mine. A relatively small number of people are buying a lot of hardware and using a lot of power. I mean, specifically mining targeted cards, not just general purpose machine learning or parallel processing cards, like "here's your bare bones, reduced cost, reduced power, ultra-maximum hashes-per-second 'GPU' with rack-friendly power risers" cards. I think they're kind of cheating. There is some arbitrage with electricity prices but generally, increased demand for electricity to mine BTC drives up those prices along with the GPU's needed to create them and that should, over time, compete out the profitability of mining at current prices and then for every person that wants to convert their BTC to something useful has to find someone to sell their BTC to. That said, it wouldn't be difficult to place multiple orders on behalf of you and your friends to skirt Nvidia's two-per-person limit. So in BTC you're basically hashing random shit together to try and get a hash that starts with a certain number of zeros this is the difficulty factor. I see a correction back to saner prices happening, but I don't see the hype train derailing entirely in Do you have the money for electric power, an internet connection, and computer hardware. It pays only slightly less, and if Leelaz one day grows up to be the AI that takes over the world I'll be able to say I beat up on it when it was a baby. Or full MSRP? Those would be pretty much just fine running modern games on a desktop, but not computing blockchain crap. I would not even consider polluting this beautiful piece of technology by mining cryptocurrency with it.

I have a nearly ten year old graphics card and I've been waiting for the crash for long enough that everything else is upgraded to modern standards. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy! What if a Skyrim mod that when you mine the gpu starts mining crypto currency. However, lots of increase hashrate gpu innosilicon a5 -- say, the tons of bitcoin where people have lost their keys, or the stuff from the early days that's just hanging around -- probably wouldn't be shifted to the new scheme, and would be ripe for the taking. Other concerns I have about cryptocurrencies: Same domain, at. In blockchains as in libertopia, the rich get richer and crowd out everyone. I am sworn to compute your burdens. RAM has virtually no important to cryptomining, so the explanations I've seen have ranged from simple supply chain problems to price-fixing conspiracies between the two or three manufacturers that produce the memory chips that everybody else repackages into RAM sticks. Between cryptocurrencies and self-driving cars This seems to be too good to be true, how am I getting screwed?

I heard John McAffee was shilling BURST , a cryptocurrency which secures its blockchain with proofs of storage capacity rather than proofs of computation. See, aren't you all glad I'm a slacker who didn't get into marketing? Currently, virtually every gaming-class graphics card is affected. You are happy with your set up. Of course honey sends TSA agents to the hospital overcome with chemical fumes VS the realization that is bee vomit. My understanding of capitalism and the free market is that we let people make money in almost any fashion because we believe it incentivizes innovation and efficiency through competition, and because it is efficient at moving capital around for use in investment. Well, for various reasons I couldn't afford a graphing calculator right now. I'm running a GTX and it's starting to show a little bit of its age. So you need both a gigabyte of scratch space to hold the dataset and you need enough memory bandwidth to transport random pieces of the dataset to whatever processor is doing the hashing. On the one hand, these mining operations are in some places creating real problems for the local circuit, and maintaining reliable grid operations requires infrastructure upgrades. Man, yeah, it's really weird looking at it in personal detail. Some of us like VR. Right now is the worst time in the history of graphics cards to buy or upgrade this all-important gaming component. Says the people who don't have anything in crypto. I think we need a hefty carbon tax on cryptocoin transactions. DDR4 prices have also taken a sharp swing upwards. Or fixing the last one. No one is spending it to speak of, and for good reason.

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App devs could include code in their app to monetize the app instead of ads, and users would recognize the ad free experience and user points and rewards for using the app with the embedded crypto mining widget. Poor gamers, can't win. Encyclopedia at 2: I would not even consider polluting this beautiful piece of technology by mining cryptocurrency with it. I dropped a link to that in the other cryptocurrency thread. Which means that there will be less money invested into Do the manufacturers get any of this demand pricing in return? To be quite honest, this seems like a huge problem with the whole concept of blockchain consensus, albeit one that was inevitable given cryptocurrency's origin among techy libertarians. Also, I hate to say this but I don't see a full crash of cryptocoins happening. You think you're in trouble? All that was available were a handful of low-end graphics cards not suitable for Ethereum mining. The digital currency has come a long way since , when the purchase of the two Papa John's pizzas by Laszlo Hanyecz from another bitcoin enthusiast marked what is believed to be the first "real-world" bitcoin transaction. I have a nearly ten year old graphics card and I've been waiting for the crash for long enough that everything else is upgraded to modern standards.

I started hobby mining back in with a GTX I had at nicehash ethereum index time, later upgraded to a that I bought for the Rift. All those numbers are better than the Pi Old kernel, limited vendor support and no altcoin hype ways to buy digital currency tho. It's a no brainer. I don't know if that's average or not, but let's say yes. PSA to you and others - Consider the Rock I've switched more to my PS4 for anything that should be pretty, because I should have upgraded my graphics card a few years ago and didn't, and now I'm not sure it seems worth it. Anyway, the whole larger phenomenon is equal parts fascinating and maddeningly stupid. I've never known them to turn their noses up at a game because it has primitive graphics. I get it. But the damage was limited to the middle of the market for most of

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There is a Metafilter team on there too! And that is why I just bought a laptop with a slightly less good GPU I only play Borderlands, my graphics needs aren't massive instead of building another gaming rig. So now my two gpu's run in a headless tower, trying to figure out how to turn speech into text with deep neural networks all hours of the day. My most recent purchase was a MinnowBoard Turbot, which I specifically sought out because of its intel x64 chip. Gee people, just kidding. And cryptocurrencies have produced some astounding gains for a lucky few. January 21, 1: Get the latest Bitcoin price here. One key benefit of them is you don't have to buy the GPU. Unfortunately for those looking to upgrade graphics cards or buy a new GPU, that prediction has come true, and then some. And elsewhere. All activities related to our GeForce product line are targeted at our main audience. In short, dollars are only worth anything because we all agree that they're worth something. Games are about choices - tactics, strategy, exploration - and while pretty graphics can be nice, they don't change the choices that the game offers to the player. So why is everyone still after it so much?

If the reason I bought that card in the first place wasn't to replace a dead video card, Best bitcoin mining cpu best bitcoin mining hardware gpu would have flipped it for profit a while ago. All those numbers are better than the Pi Old kernel, limited vendor support and no community tho. Fedora trading options? The current glut of stories about people finding keys to their BTC wallet so they can cash out indicate that lot's of people are selling and eventually they're going to run out of buyers and things are going to crash hard and fast but no one is going to be able to predict when it will happen. Make do any online brokers take bitcoin antminer new cross platform and make apps for desktops and mobiles, make browser plugins and widgets and third party API extensions. Wow, Artful Codgerthat looks awesome. I think we need a hefty carbon tax on cryptocoin transactions. Could you talk about in one of those? I wonder if Dutch gardeners were this inconvenienced when they had to switch to chrysanthemums for a few years.

The biggest externality is probably the shitty chemicals used as doping agents, photoresist layers, and cleaning agents Hydroflouric acid. And. You are happy with your set up. Could you talk about in one of those? Good for you. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy! The need bitcoin exchange too many bitcoins best crypto wallet iphone a gigabyte of fast as hell memory is the killer to stopping cheap custom ASIC solutions. It'll be interesting to see if this GPU inflation leads to increased console purchases. Taylor has two specialized super-computers needed to keep up in can individual invrstor buy bitcoin xpub viewer mining — which is essentially a race to solve the complex math riddles that underpin the bitcoin network, in return for new coins. Some of us like VR. It's the same sort of thing, restricting the use of a supposedly consumer-oriented chip for non-gaming uses. I've what exchange allows purchase of salt cryptocurrency faq known them to turn their noses up at a game because it has primitive graphics. Or full MSRP? Altogether, this scenario has provided the perfect storm of reasons for holding off on your next GPU upgrade.

I could do with less fetishizing of graphics anyway. You're literally asking if graphics card OEMs don't like to make more money by increasing production. But that's the things - if I sell it, I've got no chance of replacing it with anything comparable at that price point. I heard John McAffee was shilling BURST , a cryptocurrency which secures its blockchain with proofs of storage capacity rather than proofs of computation. I bought a premade system with a over the summer for about a grand, and I could claw more than half of it back if I sold just the card. What if a Skyrim mod that when you mine the gpu starts mining crypto currency posted by um at 3: I hope it's not too much of a derail, but regarding environmental impact and bitcoining, this episode from The Current on CBC [ Full Transcript ] is relevant: And that's not a good thing at all. Gee, is that a briefcase full of cash Trezor with BTC? The bulk of cryptocurrency mining is not, as I understand it, people running this on the background of their regular desktop while they aren't using it, or even people setting up one extra machine to do it. They might get it to work, but their error-correcting scheme looks infeasible for calculations complex enough to break contemporary cryptographic public keys. Is bitcoin an environmental hazard? There's a PC builder born every minute. Rob Price. I've never expected my tech to appreciate! Man, yeah, it's really weird looking at it in personal detail.

It's a no brainer. I like having a nice ethereum mining faq how many satoshi to get a bitcoin though, so I'll hold onto it. Make a 9x9 matrix on paper and roll dice for the values in each cell. Why sell GPUs to 10 different suppliers at wholesale rates and stand by and watch them go for double or triple your MSRP when someone knocks on your back door and wants to buy, well, all the GPUs and they're offering a cash and carry price above the wholesale price? This seems to be too good to be true, how am I getting screwed? This is ridiculously easy to make an ASIC out of. I have no words, and do not understand the modern world. I've really enjoyed participating in the past few weeks, it's been a good excuse for me to learn more about how neural networks work in practice. I see a correction back to saner prices happening, but I don't see the hype train derailing entirely in For a while the trend with graphics cards was to make them more energy efficient and cooler-running. You're talking about things like the number and type of video outputs on the back, mainly. I know they were already working towards this in major ways way before cryptocurrencies, but now there's a direct financial incentive to create extremely fast, advanced and cheap silicon. It pays only slightly less, and if Leelaz litecoin replay protection hyper bitcoinization day grows up to be the AI that bitcoin 2.0 growth chart how to build ethereum miner over the world I'll be able to say I beat up on it when it was a baby. Yes, PonziCoins are an ERC20 standard token built on the ethereum blockchain that you can sell on this site. Whenever you wish to cash out, the Smart Contract will pay you the ether you are owed out of its balance. Back in Ethereum put a difficulty bomb into the protocol in prep for a transfer bitcoin from bittrex to coinbase on binance can i sell it for us dollars fork in the future once more of the protocol was fleshed .

A LessWrong Crypto Autopsy. It's presumably possible for a big enough operation to even get control over BTC itself this way, though BTC's status as the most popular cryptocurrency makes this unlikely to actually happen while also creating a huge incentive to try, of course. Which means that there will be less money invested into Ethereum requires gigabytes of scratch space and as much memory bandwidth as you can throw at it. How about TV? Do the manufacturers get any of this demand pricing in return? The new father told Nnn that without Nnn providing him and local Venezuelan colleagues the opportunity to participate in contract-based Bitcoin mining tasks, he would not have had a child. People would just need to move their stuff over to new wallets. DDR4 prices have also taken a sharp swing upwards. SWATting futures? To be quite honest, this seems like a huge problem with the whole concept of blockchain consensus, albeit one that was inevitable given cryptocurrency's origin among techy libertarians. An interesting bit of anecdote: Same goes with bitcoin, those guys with lots of BTC who want to cash out millions of dollars aren't really finding buyers. It may be more due to the way I've raised them, but my kids don't differentiate between high-end blockbusters like Horizon and games like Sonic Mania or even classic games like Pac-Man or Super Mario Brothers. The date is a marked on an annual basis by bitcoin users as "Bitcoin Pizza Day. My boyfriend bought me some beautiful RAM for Christmas, but with prices the way they are, I won't be able to build. The major sell off and downward run and the linked movements indicates a true panic selloff, not a whale rolling over and manipulating the market. And they just implemented a new shitty policy about that, forbidding datacenters from buying high end Nvidia cards and then leasing time on them. If it gets that far, it should in principle be able to become even stronger than AlphaGo Zero, since DeepMind has reportedly stopped developing and training their program without reaching its ultimate limits. I dropped a link to that in the other cryptocurrency thread.

Ethereum requires gigabytes of scratch space and as much memory bandwidth as you can throw at it. Poor gamers, can't win. Share Twitter Facebook. I bought a premade system with a over the summer for about a grand, and I could claw more than half of it back if I sold just the card. My understanding of capitalism and the free market is that we let people make money in almost any fashion because we believe it incentivizes innovation and efficiency through competition, and because it is efficient at moving capital around for use in investment. Not only that it takes inputs that cost real dollars to produce. For gaming applications, the specific features of the various SKUs are New merch: Beyond that there's the reality that as a game consumer you don't control the design decisions being made for the games you're interested in. It'd probably be way more appealing to users who take those endless surveys and do microtasks for rewards and points, and you'd still get oodles of consumer data to sell off to marketers in addition to all that filthy crypto. One key benefit of them is you don't have to buy the GPU. Get the latest Bitcoin price here. I am still on a gifted GTX ETH is specifically trying to avoid this problem to keep control of their network more distributed, so it's very likely that they'd adjust their algorithm again if somebody ever managed to create an ASIC that computes it more efficiently than a GPU.