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Other Cryptocurrency

Discussion in 'General' started by MLyons, 6 Dec 2017.

  1. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    I've got a Ledger Nano S, and it works fine. It's a bit of a faff if you've multiple currencies, as it only has a small amount of space so you have to uninstall the app for one coin to make room for another, but if you're only doing Bitcoin, Eth, and one or two others you'll be grand.

    Never used a Trezor, but I've heard good things there too.

    I've also played with the Coinkite ColdCard and OpenDime. They're both rubbish, and the guy who runs the company is a right knobber. Avoid.

    On the mining front, I stopped after my first payout. It worked well enough, but I didn't like leaving my desktop on all the time *and* it dragged the performance down in certain apps. LibreOffice Writer was particularly impacted.
     
  2. Goatee

    Goatee Multimodder

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    Did you buy your ledger direct or from somewhere like amazon?
     
  3. Gareth Halfacree

    Gareth Halfacree WIIGII! Staff Administrator Super Moderator Moderator

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    Direct, so I could have some guarantee it hadn't been tampered with.

    And then Ledger's customer database got hacked, so now I get a bunch of crypto-themed phishing spam. <sigh>
     
    Goatee likes this.
  4. el2k

    el2k Modder

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    It's almost impossible to know right now, as when people jump over.. that coin will be inflated by the miners and the price will hike and there's so many factors.

    But ETC and RVN are definitely options, we'll see, ETH might still be the most profitable to mine for the rest of the year even with 1559, if they even manage to get that sorted on time...
     
  5. Byron C

    Byron C Over-reacting and over-analysing since 1982

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    Speaking at least for myself...

    I'm not pissed off at people who use the unused capacity they've already got to make a few quid on the side. I don't mind people who set out with the intention of getting a really top-end GPU and recoup their investment - and more - with mining. That's fine... I'd be doing it myself if I had anything better than a 1060.

    What pisses me off is the people building racks of mutli-GPU machines for mining. The people using bot nets to purchase available stock in seconds. The sheer unabated greed of all the scalping and price-gouging going on. Several-year old graphics cards selling for more now than when they were released. EDIT: Not to mention the energy that mining consumes and the consequental environmental impact.

    I'd be quite happy to pay a decent chunk of cash for a 3090 right now, probably anywhere in the region of £1400-£1700. I've got a lot of bonuses coming in this month, so much that even I think it's pretty obscene, and even after being sensible and paying off a massive whack on debts I'll still have money to burn. I wouldn't even be bothered about mining to offset some of the cost of the card (although, as already pointed out, if I had that kind of capacity I would be a fool not to). But I literally couldn't buy a 3090 now even if I wanted to. By the time I jump on a stock alert some prick with a ****ing bot net has already snapped it up, and on the odd occasion I find something still in stock it's usually because the greedy shits have jacked up the price to over £3000 or something equally rapacious (I might have money to burn but I'm not stupid).

    I mean... I don't want a 3090, it would literally be a waste of resources; I'd probably struggle to make a 3080 break a sweat to be honest.

    FWIW, people using GPUs for mining is only one contributing factor in GPU availability, AFAIK... There's a confluence of stuff going on here: stimulus cheques or furlough payments to people who haven't been able to work and are bored, demand from "gamers" because Nvidia actually released a pretty impressive product, massive silicon shortages, supply chain issues, factory issues/shutdowns, reduced staff headcount because of COVID-19, and self-important tosspots like Elon ****ing Musk, TechnoPrick of Tesla, manipulating the crypto markets to jack up prices to the point where mining is actually profitable again.

    I don't know, maybe these new LHR Nvidia variants might actually start making a difference in availability. Although I doubt that, it'll probably be just another SKU that no one wants like the CMP HX cards.
     
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  6. David

    David μoʍ ɼouმ qᴉq λon ƨbԍuq ϝʁλᴉuმ ϝo ʁԍɑq ϝμᴉƨ

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    I'm leaning towards a Trezor, after a fleeting google. Need to read more though.


    Words to live by.
     
  7. el2k

    el2k Modder

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    I agree with many points here, for what it's worth I haven't managed to get my hands on a new gpu for maybe the last 2 months? I got all mine, earlier release, through part alerts..

    It would seem the botting etc has gone up tenfold in recent times, whereas you said, nothing is even in stock on alert...already gone.
     
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  8. Anfield

    Anfield Multimodder

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    And the bay of flea prices for the good stuff (6900XT / 3090) have climbed even higher despite the recent drop in mining profits....
     
  9. Spraduke

    Spraduke Lurker

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    Has the difficulty of mining Eth shot up suddenly or am I imagining it. Seems, for the same hashrate, that it's taking for ever to reach 0.1 eth.
     
  10. Anfield

    Anfield Multimodder

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  11. Spraduke

    Spraduke Lurker

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    Not sure what's changed (maybe just my perception) but it definetly feels like its taking longer than for my first 0.1 back in April
     

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