General Cryptocoin Discussion

R-T-B · Sep 23, 2021

Outback Bronze said:
Depends if it's a meme : )

Of course it'd be a meme, are you kidding man?

80-watt Hamster · Sep 29, 2021

The push-pull between crypto as a currency vs. as a tradable commodity is kind of fascinating. For the first to work (its ostensible purpose), you need stability. For the latter, instability provides more opportunity for profit.

My knowledge of monetary history is pretty sparse. Does anybody know if the progression of crypto parallels the establishment of other historical means of exchange? Paper money, for example, grew more-or-less organically out of people trading stamps as currency.

Chomiq · Oct 13, 2021

US leads Bitcoin mining as China ban takes effect

Research shows the US taking the top spot for global mining following a crackdown in China.

www.bbc.com

R-T-B · Oct 16, 2021

Chomiq said:
US leads Bitcoin mining as China ban takes effect

Research shows the US taking the top spot for global mining following a crackdown in China.

www.bbc.com

Missed the newspost at TPU I am guessing?

MentalAcetylide · Oct 22, 2021

Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble

They really do raise some good points in this recent article(and I'm sure much of it has been mentioned here already in the past), which is why I say if you haven't gone into crypto early well before the peak of the hype and cashed out enough to at least break even or make a profit, its just a huge risk now. I think they're right in regards to it being just another bubble waiting to pop.

R-T-B · Oct 22, 2021

MentalAcetylide said:
Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble

They really do raise some good points in this recent article(and I'm sure much of it has been mentioned here already in the past), which is why I say if you haven't gone into crypto early well before the peak of the hype and cashed out enough to at least break even or make a profit, its just a huge risk now. I think they're right in regards to it being just another bubble waiting to pop.

I feel we are well beyond that now personally, but who knows.

Outback Bronze · Oct 22, 2021

MentalAcetylide said:
another bubble waiting to pop

Just another one for the Bitcoin Obituaries matey ..

Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times (99bitcoins.com)

MentalAcetylide · Oct 22, 2021

Yeah, as much as I despise the idea of crypto-currency, hopefully nobody ends up going bankrupt or anything like that if/when it does crash hard. Wouldn't wish that on anyone.

R-T-B · Oct 22, 2021

MentalAcetylide said:
Yeah, as much as I despise the idea of crypto-currency, hopefully nobody ends up going bankrupt or anything like that if/when it does crash hard. Wouldn't wish that on anyone.

There is no way it goes down without thousands (if not hundreds of thousands) of bankruptcies at this point. People just aren't sensible with their money.

Outback Bronze said:
Just another one for the Bitcoin Obituaries matey ..

Bitcoin Obituaries - "Bitcoin is Dead" Declared 400+ Times (99bitcoins.com)

I like how that site added a section for the (six now) Chinese "bitcoin bans."

glsn · Oct 22, 2021

R-T-B said:
There is no way it goes down without thousands (if not hundreds of thousands) of bankruptcies at this point. People just aren't sensible with their money.

~~evergreen~~

it happens with cryptos, it happens with everything else

Outback Bronze · Oct 25, 2021

This Mining operating is going to be powered by 100% renewable energy so please ease up on the BS about how much power BTC uses.

The network will on strengthen on renewable energy.

Byron Bay becomes the new home of bitcoin mining in Australia (afr.com)

ShiBDiB · Oct 26, 2021

Venezuela... hailed by crypto enthusiasts as revolutionary for adopting crypto widely as tender, is now literally selling services/goods for gold..

Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts

www.bloomberg.com

Seems crypto isn't helping stem the absurdly fast fall of the bolivar (and economy as a whole).

Deleted member 202104 · Oct 26, 2021

ShiBDiB said:
Venezuela... hailed by crypto enthusiasts as revolutionary for adopting crypto widely as tender, is now literally selling services/goods for gold..

Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts

www.bloomberg.com

Seems crypto isn't helping stem the absurdly fast fall of the bolivar (and economy as a whole).

Venezuela ≠ El Salvador

ShiBDiB · Oct 26, 2021

weekendgeek said:
Venezuela ≠ El Salvador

Venezuela also has an official crypto https://www.reuters.com/technology/venezuelas-economy-regresses-crypto-fills-gaps-2021-06-22/

May have overstated how well covered it was (El Salvador definitely got more news)

---

Also ethermine (a large ether pool) has started to discuss the future of staking when PoS is a thing.

https://twitter.com/i/web/status/1452630312475938833

R-T-B · Oct 27, 2021

ShiBDiB said:
Venezuela also has an official crypto

Yeah, a garbage, state managed one unlike every other crypto on the market.

The petro was predicted to be a joke at inception. No one hailed it as revolutionary, like, at all.

Chomiq · Nov 3, 2021

Interesting read:

Revealed: The Cryptoqueen's £13.5m London penthouse

The story of cryptocurrency scammer Dr Ruja Ignatova's London flat - and how her purchase was concealed.

www.bbc.com

Chomiq · Nov 12, 2021

Just what we need:

Get ready boys, Ryzen 9's are going out of stock.

The red spirit · Nov 13, 2021

Chomiq said:
Get ready boys, Ryzen 9's are going out of stock.

Not that there were any in stock to begin with.

Chomiq · Nov 23, 2021

Crypto US constitution bidder refunds hit by high fees

Investors in an ill-fated scheme to buy the rare US document are being offered refunds with a catch.

www.bbc.com

Bomby569 · Nov 24, 2021

Sweden wants Europe to ban Bitcoin mining

Otherwise Paris climate change goals become impossible to meet.

www.pcgamer.com

not much impact to mining in general i would say as the EU isn't exactly a good place to mine, but for small operations this could free a lot of gpus

Chomiq · Nov 26, 2021

RIP

Mr Goxx, the cryptocurrency-trading hamster, dies

The rodent famous for his financial portfolio and trading cage died peacefully on Tuesday.

www.bbc.com

It's all up to Gremlins now:

Chomiq · Nov 30, 2021

Yakshemash?! Kazahstan is cold, winter is coming, power shortages don't look good, miners relocate:

Cryptocurrency miners grapple with major energy crunch in Kazakhstan

The country’s demand for electricity has risen by eight percent.

www.theverge.com

Caring1 · Dec 1, 2021

Chomiq said:
Yakshemash?! Kazahstan is cold, winter is coming, power shortages don't look good, miners relocate:

Cryptocurrency miners grapple with major energy crunch in Kazakhstan

The country’s demand for electricity has risen by eight percent.

www.theverge.com

Lol, and a lot of those miners are supposed to have relocated from China to Kazakhstan due to the crypto mining ban in China and low cost of electricity in Kazakhstan.
Now they may have to pack up again.

Caring1 · Dec 7, 2021

Meanwhile in Australia:

Crypto investors missing millions after 2 Aussie exchanges collapse

More missing millions.

R-T-B · Dec 7, 2021

Chomiq said:
Get ready boys, Ryzen 9's are going out of stock.

The red spirit said:
Not that there were any in stock to begin with.

I must've missed the memo, when I got mine on sale recently.

System Name	Pioneer
Processor	Ryzen R9 7950X
Motherboard	GIGABYTE Aorus Elite X670 AX
Cooling	Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory	64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s)	XFX RX 7900 XTX Speedster Merc 310
Storage	2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s)	55" LG 55" B9 OLED 4K Display
Case	Thermaltake Core X31
Audio Device(s)	TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply	FSP Hydro Ti Pro 850W
Mouse	Logitech G305 Lightspeed Wireless
Keyboard	WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software	Gentoo Linux x64

System Name	Office
Processor	Ryzen 5600G
Motherboard	ASUS B450M-A II
Cooling	be quiet! Shadow Rock LP
Memory	16GB Patriot Viper Steel DDR4-3200
Video Card(s)	Gigabyte RX 5600 XT
Storage	PNY CS1030 250GB, Crucial MX500 2TB
Display(s)	Dell S2719DGF
Case	Fractal Define 7 Compact
Power Supply	EVGA 550 G3
Mouse	Logitech M705 Marthon
Keyboard	Logitech G410
Software	Windows 10 Pro 22H2

Processor	Ryzen 7 5800X3D
Motherboard	Gigabyte X570 Aorus Elite
Cooling	Thermalright Phantom Spirit 120 SE
Memory	2x16 GB Crucial Ballistix 3600 CL16 Rev E @ 3800 CL16
Video Card(s)	RTX3080 Ti FE
Storage	SX8200 Pro 1 TB, Plextor M6Pro 256 GB, WD Blue 2TB
Display(s)	LG 34GN850P-B
Case	SilverStone Primera PM01 RGB
Audio Device(s)	SoundBlaster G6 \| Fidelio X2 \| Sennheiser 6XX
Power Supply	SeaSonic Focus Plus Gold 750W
Mouse	Endgame Gear XM1R
Keyboard	Wooting Two HE

System Name	Pioneer
Processor	Ryzen R9 7950X
Motherboard	GIGABYTE Aorus Elite X670 AX
Cooling	Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory	64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s)	XFX RX 7900 XTX Speedster Merc 310
Storage	2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s)	55" LG 55" B9 OLED 4K Display
Case	Thermaltake Core X31
Audio Device(s)	TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply	FSP Hydro Ti Pro 850W
Mouse	Logitech G305 Lightspeed Wireless
Keyboard	WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software	Gentoo Linux x64

System Name	Pioneer
Processor	Ryzen R9 7950X
Motherboard	GIGABYTE Aorus Elite X670 AX
Cooling	Noctua NH-D15 + A whole lotta Sunon and Corsair Maglev blower fans...
Memory	64GB (4x 16GB) G.Skill Flare X5 @ DDR5-6000 CL30
Video Card(s)	XFX RX 7900 XTX Speedster Merc 310
Storage	2x Crucial P5 Plus 2TB PCIe 4.0 NVMe SSDs
Display(s)	55" LG 55" B9 OLED 4K Display
Case	Thermaltake Core X31
Audio Device(s)	TOSLINK->Schiit Modi MB->Asgard 2 DAC Amp->AKG Pro K712 Headphones or HDMI->B9 OLED
Power Supply	FSP Hydro Ti Pro 850W
Mouse	Logitech G305 Lightspeed Wireless
Keyboard	WASD Code v3 with Cherry Green keyswitches + PBT DS keycaps
Software	Gentoo Linux x64

General Cryptocoin Discussion

R-T-B

80-watt Hamster

Chomiq

US leads Bitcoin mining as China ban takes effect

R-T-B

US leads Bitcoin mining as China ban takes effect

MentalAcetylide

R-T-B

Outback Bronze

Moderator

MentalAcetylide

R-T-B

glsn

Outback Bronze

Moderator

ShiBDiB

Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts

Deleted member 202104

Guest

Venezuelans Break Off Flakes of Gold to Pay for Meals, Haircuts

ShiBDiB

R-T-B

Chomiq

Revealed: The Cryptoqueen's £13.5m London penthouse

Chomiq

The red spirit

Chomiq

Crypto US constitution bidder refunds hit by high fees

Bomby569

Sweden wants Europe to ban Bitcoin mining

Chomiq

Mr Goxx, the cryptocurrency-trading hamster, dies

Chomiq

Cryptocurrency miners grapple with major energy crunch in Kazakhstan

Caring1

Cryptocurrency miners grapple with major energy crunch in Kazakhstan

Caring1

R-T-B

System Name	Raptor Baked
Processor	14900k w.c.
Motherboard	Z790 Hero
Cooling	w.c.
Memory	32GB Hynix
Video Card(s)	Zotac 4080 w.c.
Storage	2TB Kingston kc3k
Display(s)	Gigabyte 34" Curved
Case	Corsair 460X
Audio Device(s)	Onboard
Power Supply	PCIe5 850w
Mouse	Asus
Keyboard	Corsair
Software	Win 11
Benchmark Scores	Cool n Quiet.

System Name	[Daily Driver]
Processor	[Ryzen 7 5800X3D]
Motherboard	[Asus TUF GAMING X570-PLUS]
Cooling	[be quiet! Dark Rock Slim]
Memory	[64GB Corsair Vengeance LPX 3600MHz (16GBx4)]
Video Card(s)	[PNY RTX 3070Ti XLR8]
Storage	[1TB SN850 NVMe, 4TB 990 Pro NVMe, 2TB 870 EVO SSD, 2TB SA510 SSD]
Display(s)	[2x 27" HP X27q at 1440p]
Case	[Fractal Meshify-C]
Audio Device(s)	[Steelseries Arctis Pro]
Power Supply	[CORSAIR RMx 1000]
Mouse	[Logitech G Pro Wireless]
Keyboard	[Logitech G512 Carbon (GX-Brown)]
Software	[Windows 11 64-Bit]

System Name	Shizuka
Processor	Intel Core i5 10400F
Motherboard	Gigabyte B460M Aorus Pro
Cooling	Scythe Choten
Memory	2x8GB G.Skill Aegis 2666 MHz
Video Card(s)	PowerColor Red Dragon V2 RX 580 8GB ~100 watts in Wattman
Storage	512GB WD Blue + 256GB WD Green + 4TH Toshiba X300
Display(s)	BenQ BL2420PT
Case	Cooler Master Silencio S400
Audio Device(s)	Topping D10 + AIWA NSX-V70
Power Supply	Chieftec A90 550W (GDP-550C)
Mouse	Steel Series Rival 100
Keyboard	Hama SL 570
Software	Windows 10 Enterprise

Processor	Ryzen 5 5700x
Motherboard	B550 Elite
Cooling	Thermalright Perless Assassin 120 SE
Memory	32GB Fury Beast DDR4 3200Mhz
Video Card(s)	Gigabyte 3060 ti gaming oc pro
Storage	Samsung 970 Evo 1TB, WD SN850x 1TB, plus some random HDDs
Display(s)	LG 27gp850 1440p 165Hz 27''
Case	Lian Li Lancool II performance
Power Supply	MSI 750w
Mouse	G502

System Name	Black Box
Processor	Intel Xeon E3-1260L v5
Motherboard	MSI E3 KRAIT Gaming v5
Cooling	Tt tower + 120mm Tt fan
Memory	G.Skill 16GB 3600 C18
Video Card(s)	Asus GTX 970 Mini
Storage	Kingston A2000 512Gb NVME
Display(s)	AOC 24" Freesync 1m.s. 75Hz
Case	Corsair 450D High Air Flow.
Audio Device(s)	No need.
Power Supply	FSP Aurum 650W
Mouse	Yes
Keyboard	Of course
Software	W10 Pro 64 bit