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bitcoins

E.HONDA said:
It's my bday today and I'm in the giving mood. .1 LTC to your account, post it up.

Crypto has been making me great profits recently and want to pay it forward to someone who just got in.
Click to expand...

What haha. That’s very generous sir. I think this is it: LcF3MyZ2Dc8orB8wfpNAdwoLW1mXQvphum

Thanks mate. :cool happy birthday too.
 
what do you do to secure your rig?

meaning, besides the GPU, what are the other hardware requirements? Are you running a full firewall?
 
SteelerFanatic said:
what do you do to secure your rig?

meaning, besides the GPU, what are the other hardware requirements? Are you running a full firewall?
Click to expand...

Basic hardware requirements are a mobo with enough PCI slots to run the number of GPUs you want, a PSU large enough to accommodate the GPUs, a cheap processor and enough ram to make it run.

I've taken a pelican case and set up my rig in that. I'll try and get some photos some day soon, but I just grabbed random shit I had laying around the house to make it work.

I've got in mine;
4x NVIDIA Quadro M4000 I got for free
2x GTX 1070, 1 of which I got for free

Mobo
https://www.amazon.com/gp/product/B072LXX4NF/ref=oh_aui_detailpage_o04_s00?ie=UTF8&psc=1

PSU
https://www.amazon.com/gp/product/B017ICWP82/ref=oh_aui_detailpage_o02_s00?ie=UTF8&psc=1

CPU
https://www.amazon.com/gp/product/B01B2PJRPA/ref=oh_aui_detailpage_o05_s00?ie=UTF8&psc=1

RAM
https://www.amazon.com/gp/product/B00UFBZOKK/ref=oh_aui_detailpage_o04_s01?ie=UTF8&psc=1

Oh, network security.

I run a firewall on my DDWRT flashed router.

I've been planning on going to PFSense, which I'll likely do next year, once work/life allows me the time for such projects.
 
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TripleSeven said:
It’s pending. Too cool man. Thanks!! Are you day trading?
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I tried day trading but it turns out I suck at it:laughing

I came from stocks doing swing and long term investments which I made a good % on.

So I decided to switch up crypto to swing/long term and it has been working out really well.
 
RightCoastBias said:
Basic hardware requirements are a mobo with enough PCI slots to run the number of GPUs you want, a PSU large enough to accommodate the GPUs, a cheap processor and enough ram to make it run.

I've taken a pelican case and set up my rig in that. I'll try and get some photos some day soon, but I just grabbed random shit I had laying around the house to make it work.

I've got in mine;
4x NVIDIA Quadro M4000 I got for free
2x GTX 1070, 1 of which I got for free

Mobo
https://www.amazon.com/gp/product/B072LXX4NF/ref=oh_aui_detailpage_o04_s00?ie=UTF8&psc=1

PSU
https://www.amazon.com/gp/product/B017ICWP82/ref=oh_aui_detailpage_o02_s00?ie=UTF8&psc=1

CPU
https://www.amazon.com/gp/product/B01B2PJRPA/ref=oh_aui_detailpage_o05_s00?ie=UTF8&psc=1

RAM
https://www.amazon.com/gp/product/B00UFBZOKK/ref=oh_aui_detailpage_o04_s01?ie=UTF8&psc=1

Oh, network security.

I run a firewall on my DDWRT flashed router.

I've been planning on going to PFSense, which I'll likely do next year, once work/life allows me the time for such projects.
Click to expand...

dang, way too technical for me. Sounds like a fun project though.
 
E.HONDA said:
dang, way too technical for me. Sounds like a fun project though.
Click to expand...

Yeah, it can be intimdating. One part of my job is building/troubleshooting servers, so this isn't a big deal to me.

If folks are interested in building rigs, I'd be happy to advise or help. I'm not a hardware mining guru, but I can sort out most hardware without issue.
 
I’ll be more curious after you get your pg&e bill. I manage a couple of AWS environments so I was looking there too. Why not turn the cloud into miners. :laughing
 
SteelerFanatic said:
I’ll be more curious after you get your pg&e bill. I manage a couple of AWS environments so I was looking there too. Why not turn the cloud into miners. :laughing
Click to expand...

There are plenty of folks that do!

There are huge farms all over the world that are running crypto cloud services.

I did it, in part, because the build was fun. Cost wise, it'll be at least 6 months before I recuperate.
 
Hmm, wonder if it would be more worth it for people who have solar panels for summer months to run AC. During cooler month instead of selling it back to power companies just mine crypto currency.
 
Yikes.

What the article didn't say is how much money that miner is making per transaction qualified. If RCB needs 6 months to recuperate the cost that's a heavy footprint to carry in the mean time.

In my head are the guys sitting at the plants with the smoke stacks behind them billowing smoke into the clouds counting their money while the "chinese hackers" from Command and Conquer type away at their keyboards qualifying transactions.

PG&E et al are going to love bitcoin. They should start allowing it as a payment method for their utilities. :laughing
 
mototireguy said:
Bitcoin mining/transactions a player in Climate Change?

One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week...

https://motherboard.vice.com/en_us/...ty-consumption-ethereum-energy-climate-change
Click to expand...

Yakoo752 said:
if each transaction costs 215kwh to process and there are 300,000 transactions every day then they go through 64,500,000 kwh a day

If there are 125,820,000 homes in the US and if every home shared in on the processing, it would add .5kwh to a persons bill per day.

if the average home uses 901kwh a month, they will see an increase of 15.38 kwh a month or a 1.6% increase

this is just in the US and miners operate all over the world...

back of envelope math so I may be wrong
Click to expand...
.
 
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