Consensus | Crypto Help Desk | Investing | Mining | Troubleshooting

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* - Windows 98 - Jun 16, 2017

(Jun 16, 2017 07:52 PM)Windows 98 Wrote: Any thought on Z Coin and/or BitBay?

[warn]

* - Jak! - Jun 16, 2017

What are the best 'Day Trade' coins of today?

* - theDuke - Jun 17, 2017

(Jun 16, 2017 10:03 PM)Vizi Wrote: What are the best 'Day Trade' coins of today?

Well they alternate every day. You would look at what's been in green and what has a high volume in the past 24 hours.

* - SIM-1534439 - Jun 17, 2017

(Jun 16, 2017 09:36 PM)TRADOC Wrote: I'm going to make a bold claim.
Zcash and Monero will most likely never be added to Coinbase. For one reason only, most of the transaction volume for these coins avoid Identity Verifications and other "checklists".

I believe a coin must have:
PUBLIC Reputation(known)-with few screw ups
Marginal Pricing-Price must be a certain amount at minimum to ensure CB fees are decent(profitable)
Transaction Volume- basically, by adding the coin to CB. A good percentage of the coin transactions should switch to CB.

-This is not my area of expertise and this is just an opinion.

I also second to this 100%.

* - rouxster115 - Jun 17, 2017

When ETH doesn't become mineable, what currency will you think is best to mine?

* - Kill Joy - Jun 17, 2017

(Jun 17, 2017 06:28 AM)rouxster115 Wrote: When ETH doesn't become mineable, what currency will you think is best to mine?

It will depend on your mining rig. You may want to take a look into mining XMR, Sia seems to be profitable, and anything else that may come out. That time is a ways off though.

* - `RaZoR - Jun 17, 2017

I'm willing to invest like 63k USD for mining farm, do you think its a good idea?

if yes, any suggestions for me?

and what do you think about silent miners on HF?

* - Gunrox - Jun 17, 2017

(Jun 17, 2017 07:13 AM)`RaZoR Wrote: I'm willing to invest like 63k USD for mining farm, do you think its a good idea?

Your budget is absouletely insane but it's unnecessary to use it all. The amount of money you have to spare here, you're honestly better off investing into crypto currencies and if it works out you'll probably be a millionaire by the end of the year.

(Jun 17, 2017 07:13 AM)`RaZoR Wrote: and what do you think about silent miners on HF?

Since you have a very big budget I wouldn't advise purchasing miners from this website. In my honest opinion, you would find a better and stonger miner on the forum bitcointalk since they have a bigger community and are based on this topic.

* - `RaZoR - Jun 17, 2017

(Jun 17, 2017 07:19 AM)Gunrox Wrote: Your budget is absouletely insane but it's unnecessary to use it all. The amount of money you have to spare here, you're honestly better off investing into crypto currencies and if it works out you'll probably be a millionaire by the end of the year.

Since you have a very big budget I wouldn't advise purchasing miners from this website. In my honest opinion, you would find a better and stonger miner on the forum bitcointalk since they have a bigger community and are based on this topic.

Thank you for the reply,
i already invested around 90k on crypto currencies and i stop from 90k
just want to try different methods too thats why i'd like to get advise about rigs

maybe like 4-5 rigs for start and if it all going good i will invest more and more. i think thats the best.

i will be buying at monday 4-5 rigs items,
what you prefer for a good rig?

* - Gunrox - Jun 17, 2017

(Jun 17, 2017 08:44 AM)`RaZoR Wrote: i will be buying at monday 4-5 rigs items,
what you prefer for a good rig?

https://imgur.com/a/wRSoQ

I am fortunate enough to have a shop with space for me to setup my mining rigs. So far I've just gone with the open "bench" setup to save on costs and to make cooling easy.

If you look at the photo provided, you can see the bench with three rigs (a mix of 5870, 5970 and one older 5840) on the floor is the Bitcoin solo server running in -server mode, which also has 2 5870's. There are a couple of other machines in my office with 5870's elsewhere. I am at 3.8G/hash and adding about 1/g/hash per week buying up cheap used cards via craigslist.

I am working on building a good Ubuntu Live ATI ISO file today in an attempt to eliminate all of the hard drives by using USB thumb drives, that'll save on electricity as well as hardware costs going forward.

* - Silent - Jun 17, 2017

Looking to build a mining rig.

Budget is around $2k~ but can easily be expanded by 2-4x

Source of cash wont stop and it will run at my sisters place with very low electricity costs.

Please recommend a build. Ill probably start mining eth or whatever most profitable. Havent looked exactly into what the rates are right now

* - SIM-2562043 - Jun 17, 2017

Great thread

I'm open to any questions

* - Silent - Jun 17, 2017

Not sure if anyone could recommend me a mining rig?

Planning to use 1070's not sure what else.

Budget was said above.

* - Gunrox - Jun 17, 2017

(Jun 17, 2017 02:51 PM)Cash Overflow Wrote: Not sure if anyone could recommend me a mining rig?

Planning to use 1070's not sure what else.

Budget was said above.

The Radeon R9 295X2 has by far the highest hash rate (46.0 MH/s) of the Ethereum GPUs on the market and will cost you $600. It has a power cost per day of about $1.44, a return per day of about $1.61 and a cost per MH/s of $13.04. This gives a return per year of $586.43.

* - Meow - Jun 17, 2017

What is the best coin to invest right now? I have a feeling it's too late to invest in to BTC now, maybe ETH? I have a feeling ETH will grow a lot, maybe buying a few ETH coins isn't a bad idea.