OT Crypto Currencies

Discussion in 'Blazers OT Forum' started by kjironman1, Feb 20, 2021.

  1. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
  2. Orion Bailey

    Orion Bailey Forum Troll

    Joined:
    Jan 27, 2015
    Messages:
    26,285
    Likes Received:
    21,506
    Trophy Points:
    113
    my God i have got to land one of theseā€¦

    just turn my 1k into 100k and ill be ecstatic.
     
    EL PRESIDENTE likes this.
  3. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
    Shib dropped 20%
    Doge up 20%

    Go figure
     
    SlyPokerDog likes this.
  4. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
    Doge broke 30 cents.
     
    SlyPokerDog likes this.
  5. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
  6. Fairly-Hard

    Fairly-Hard Former Member Gone New!

    Joined:
    May 2, 2021
    Messages:
    9,062
    Likes Received:
    7,410
    Trophy Points:
    113
    Location:
    Currently the apartment in the Moda
    So i picked up StormX today. Going to sit on it for a while. The projections are that it should go up 500-1000% in the next couple years.
    What I'm betting on is the Blazers have a deal for the next 5 years with that logo. All they need to do is keep playing and come up with a great season. Enough people will see that Logo and enough will buy in.
     
    Orion Bailey and EL PRESIDENTE like this.
  7. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
    This person transferred or sold about half of their portfolio. Crashed $SHIB due to the influx, only temporary. I hope.
     
  8. donkiez

    donkiez Well-Known Member

    Joined:
    Jan 17, 2009
    Messages:
    4,235
    Likes Received:
    3,259
    Trophy Points:
    113
    Anyone into mining? I'm thinking about setting up a rig. Seems like a fun project.
     
    Phatguysrule and EL PRESIDENTE like this.
  9. EL PRESIDENTE

    EL PRESIDENTE Username Retired in Honor of Lanny.

    Joined:
    Feb 15, 2010
    Messages:
    50,346
    Likes Received:
    22,528
    Trophy Points:
    113
    Up 30% since yesterday's dip. Oh yeah!
     
  10. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    13,222
    Likes Received:
    11,304
    Trophy Points:
    113
    Yeah, I guess it could be worth it for some alt coins...
     
  11. Orion Bailey

    Orion Bailey Forum Troll

    Joined:
    Jan 27, 2015
    Messages:
    26,285
    Likes Received:
    21,506
    Trophy Points:
    113
    You use my referral? ;)
     
    Fairly-Hard likes this.
  12. Orion Bailey

    Orion Bailey Forum Troll

    Joined:
    Jan 27, 2015
    Messages:
    26,285
    Likes Received:
    21,506
    Trophy Points:
    113
    Mining for?
     
  13. Stevenson

    Stevenson Old School

    Joined:
    Nov 20, 2008
    Messages:
    4,032
    Likes Received:
    5,052
    Trophy Points:
    113
    Occupation:
    Writer
    Location:
    PDX
    I have a pal who was at the big NFT convention in New York this week. I just don't get it.
     
  14. donkiez

    donkiez Well-Known Member

    Joined:
    Jan 17, 2009
    Messages:
    4,235
    Likes Received:
    3,259
    Trophy Points:
    113
    Crypto. You can build a system and run it at home. Similar to building a home PC just heavy on the GPUs. They use a lot of power but seem to be fairly profitable and scale well as long as you have power. I'm still researching the details but it seems easy enough, just a little expensive to get rolling on anything worthwhile. You can mine some crypto on your home PC but it won't end up being much. Perfect geek project.
     
    AmirIcon and Phatguysrule like this.
  15. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    13,222
    Likes Received:
    11,304
    Trophy Points:
    113
    You have to be careful about what you mine. As a project, yes, it's fun. But it's hard to turn a profit from what I've read.

    I've heard of some people mining shit coins and when they peak exchanging for etherium or bitcoin to pay for the power. I'm not sure how much of a profit they're making though.

    I should have a rig at work... They'd never notice the power draw... Probably wouldn't even care.
     
    Fairly-Hard, SlyPokerDog and donkiez like this.
  16. donkiez

    donkiez Well-Known Member

    Joined:
    Jan 17, 2009
    Messages:
    4,235
    Likes Received:
    3,259
    Trophy Points:
    113
    That's where Im at in my research. Some crypto pays out in bits and some pays out like a lottery system, where someone wins the block. That prices out home guys on the big ones. Also eth is converted and won't be able to use current GPUs for some reason and different crypto isnt compatible with some hardware. There are also super miners called ASICs that are really powerful but specialized for certain crypto and some crypto is ASIC resistant. It's all quite the rabbit hole. I'm thinking the best way to dip my toes in is go build a 6 GPU system of 2090s, then either work on upgrading or expanding go 30xx. That's seems to be the most casual way to go with the most options.

    There are some hashrate calculators that show how much you will profit per coin and electricity costs, but that's assuming a stable price.
     
    Phatguysrule likes this.
  17. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    13,222
    Likes Received:
    11,304
    Trophy Points:
    113
    Sounds awesome. At least, like a lot of fun. I'll be interested in hearing how it goes.
     
  18. Fairly-Hard

    Fairly-Hard Former Member Gone New!

    Joined:
    May 2, 2021
    Messages:
    9,062
    Likes Received:
    7,410
    Trophy Points:
    113
    Location:
    Currently the apartment in the Moda
    Yes
     
    Phatguysrule and Orion Bailey like this.
  19. donkiez

    donkiez Well-Known Member

    Joined:
    Jan 17, 2009
    Messages:
    4,235
    Likes Received:
    3,259
    Trophy Points:
    113
    Sure would be easier if GPUs we're more available. Getting them is a project in itself it seems.
     
    Phatguysrule likes this.
  20. Phatguysrule

    Phatguysrule Well-Known Member

    Joined:
    Dec 31, 2008
    Messages:
    13,222
    Likes Received:
    11,304
    Trophy Points:
    113
    Yes, you can thank crypto for that... Lol
     

Share This Page