Why Bitcoin Is Better Than Ethereum Reddit Antminer S3 Ethereum Mining

MODERATORS They may not sell them at all. People thought BTC would be useful and that was the pitch. The interval is every EPOCH aka every 30, blocks, yes i am well aware of the ice age -- and it's not the magic bullet you think it is, it is insurance yes but it only stand's true because there is no way all the small miners could co-ordinate effectively before updating the code to remove it and calling it something. The difficulty increases and the hash per watt doesn't manner anymore. I will continue to run my script and then update later. Randos aren't thinking long term on these forks, they are thinking "free bitcoin" and that's exactly how they will react, as they did the last two forks for the most. ETH just isn't "hot" right. Check out NiceHash if you wanna invest a little time Maybe hours getting to know thingsor MinerGate if you just wanna mine and not invest more than 5mins setting it up. They can only usually do the main algorithm that they are designed to hash. Do you even own an ASIC? The only thing they provide is more money for shitmain. Limited supply arguable and what else? Thus even though he payed to buy the contract, he still was able to sell his bitcoin for a profit. My plan was to put a sound barrier and have a fan blow the heated air in to my kitchen. If you have a Ssn For Bitcoin Registration Bank Of America Ethereum powerful computer that is almost always online, you can help the network by running Bitcoin Core. For a store of value it is more essential that people believe than that the properties be I Want To Sell My Bitcoins Rocket Litecoin superior for other uses. Building a integrated circuit to implement a specific algorithm versus building a better general computing processor? No, only their personal holdings of Eth would be compromised. I have been around since and remember the arguments back. Submit a new link. However, it's clear the app fulfills a need that participants Coinhunter Litecoin Chinese Cryptocurrency Name, regardless of how trivial you find it, because they Binance Excel Lookup Does Eos Crypto Have A Product otherwise just not play it. No creating multiple accounts to get around Reddit rules. For all intents and purposes, ethereum is asic resistant. As I've said, you will see how censorship resistant they can be this mid November when you see the fork happen. I'm hoping the dev's will change their mind or ETC will Am I missing out on anything upcoming with BTC? So everyone can live just stocking ether.

Ethereum makes it possible for these decentralized systems to be incentivized. ETH nodes that process contracts and the like have long been disconnected from the actual miners and the POW algorithm. Not sure we'll see those prices again. It would have made no difference if miners were running GPUs. And ofcourse those asic mining things is a plageu for us they drive the dificulty up and we gpu miners are left in the cold so yeah if they can be stopped thats a good thing. Find the coin you want to mine and the pool you want to mine that coin on. Most of altcoins including Eth spike in price in first 6 months of a year. Right now Vitalik and co. Sadly this looks like the reality. If your serious look into a GPU with more than 3 gigs of ram. Hey I have electricity included in my rent. The market can stay irrational for a long time. Is that even possible? Basically, its an ICO specifically designed to profit off of, and aid in, the demise of ethereum. I encourage a thoughtful discussion, but also advise to tread on the line of caution when it comes to rumors like. You underestimate how revolutionary and new "FULL" proof of stake is, it has not been forgotten about, they are working on multiple different version's and idea's trying to find a viable solution -- What Is A Bitcoin Transaction Exchanging Bitcoin For Ethereum still a theory, in fact the only PoS that is real and safe is hybrid like Decred. And when PoS comes and pays good interest by year will rain money. Or you can check the subreddit: That's my best guess. That wont last forever. Do not use Minergate. Feel free to point out if my questions are dumb. Especially if Bitcoin retains its status as the store of value coin. When it comes to digital content rights management that's a real problem that needs solving with a blockchain solution. Right now it is BTC's turn. I have plenty of crypto and crypto friends, but have literally never sent any of it. This is such a silly argument. Welcome to Reddit, the front page of the internet. I don't have any hardware worth a damn for mining anymore I could throw a GTX at ETH, but that's it , but I've always thought you could make a pretty nice mining setup atop Kubernetes and use Grafana for monitoring, etc. Will Ethereum go full PoS in the next 6 months? Due to technological limitations, some conscious design choices and a limited ability to evolve due to governance issues , it seems Bitcoin will be parked to a "store of value" use case whether or not it will ultimately become one is a separate conversation. Now think about what happens when all those ICOs decide that they don't have enough time for limit orders and decide they need out now. If so there may still be 2 coins? Everything I see takes about a year to recoup ROI and for a student in debt cash flow is a bit of a problem for me. Plus, the tech being better for running a DApp platform doesn't mean the tech is better for running a censorship resistant ledger. They are focused on Casper. I'm a miner and this isn't about economic incentive to me, I'm fine mining whatever and expect Ethereum to go PoS in a year or so anyways. Ethereum and other asic resistant cards selected an algorithm to use that requires more resources generally available to the public, and their gaming rigs. I can sent my friend 3 bucks without paying any transaction costs. Reading from the blockchain is completely free because it's totally public. Having said that, the financial incentive will most likely not reach the 'big enough to change strategy" for them for the next 18 months which is really the time period we care about since POS will most likely come into affect after that. They just want to test it in a smaller way before they turn the other 99 blocks into PoS blocks.

If you got the money to do this it means you got the money to fly me. I count any purchases as having to recoup the BTC spent since I have not invested any fiat in this again since the initial purchase. What is the solution then? You know what is funny to me though? Those aren't the same problems at all. Become a Redditor and subscribe to one of thousands of communities. You are not making any sense. The reason people dont understand its cost is because the system has not reached full capacity yet - It has now, so fees to use it will begin to rise and thats when people probably are going to rethink wether they dont want to use traditional databases and servers to host their stuff. It may all convert into something like Litecoin or BTC 3. The other is an altcoin. That's one way that Roger Ver, given his How To Mine Altcoins With Antminer S7 Genesis Mining Logins, was smart. This is how business works. Risk-wise, though, I'm not a fan. I want to set up my own mining rig as well but have no idea of everything I would need to buy for it to work. Want to add to the discussion? I always use this phrase to explain people the difference between Bitcoin and Ethereum. I've been mining ethereum and I plan to convert it to bitcoin. Personally I've never held a significant amount of Ethereum anyways, I flip it either for what I consider to be a safer coin or for something high risk high reward. It is because the rich are able to order these cards long before they hit retail. That's a relatively recent phenomenon. It seems to be overhyped and the price should fall back to normal immediately after. Ethereum adds another layer of security to web-interaction because unlike a server, a smart contract 'cannot' be hacked as one'd have to hack the majority of the nodes for that and not even NSA could pull it off. If ASICs are allowed, they will eventually make GPU mining useless due to their efficiency and the resulting increased difficulty of mining like it now is for Bitcoin. ETH just isn't "hot" right now. Selling back into grid as well I assume? Also, will the hashrate be similar-ish to what it reports on the stats link? If the market continues to develop mark my word Nvidia or AMD of their board partners will start mining. People had no idea how long it would store value. Going to implement this soon on a spare monitor. Anyone dropping alts for this literally do not understand how this hard fork works. It is about mining being centralized by Bitmain. The problem is people don't know what we're actuality competing against. The dev team has always said release. If your current heating is electric and you already have the hardware, yes. That's the power of Turing completeness, it can affect everything the way the computer has, is and will. Submit a new link.