Just pointing out the fact Coinbase pro was charging 1.65 each ADA vs Binance.US for 1.26 at the very same time. Not connected but why buy from Coinbase pro at such a mark up?
Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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That falls under "maintain a diversified portfolio"...
The answer is... Buy them on Binance, sell them on Coinbase. (Just like the old horde/alliance AH arbitrage)
Also, ADA is on regular Coinbase now too.
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Louis
Trakanon Raider
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Because the exchanges list them for what the people on that specific exchange are selling them for. Coinbase isnt deciding that. If the lowest price being offered is 1.65 they aren't going to magically find sellers at 1.26. I believe they opened transfers to coinbase wallets the day or 2 before. It would have been a real easy flip knowing that the price was going to spike on listing.
As for the reason why, probably just comes down to ignorance that its available on other exchanges or the unwillingness to sign up with multiple exchanges. Signing up and getting funds transferred can be a pain in the ass. Binance.us is also banned in some US states, but people could have used kraken, so thats sort of irrelevant.
Caliane
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Rates are per exchange. a higher rate on one, would be due to higher traffic. like Louis said, its not coinbase making that call. its the traders. in that case, it just meant one or the other was not caught up.
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Almost halfway to being paid out on 2miners, at $41. My estimation is approximately 50 cents of power a day.
Not half bad for only part time mining in 9 days really, with only one GPU.
Fuck, I wish I'd bought a fat stack of video cards last year.
Not half bad for only part time mining in 9 days really, with only one GPU.
Fuck, I wish I'd bought a fat stack of video cards last year.
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Threelions
Victory Through Harmony
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It’s amazing what a single or dual setup will do. Any plans for your withdrawal?
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Gonna try out different pools after I get paid out. Other than that I’ll just keep it in eth.
If eth 2.0 crashes the video card market I’m gonna buy a few thousand dollars worth of cards and speculative mine stuff for fun.
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Sanrith Descartes
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Jackie is the Dr. Evil of get rich quick schemes.
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Tmac
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Sanrith Descartes
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Tmac
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First, they have to have at least 4gb of video ram...
Looks like 25 MH/s , if you pay what I pay for electricity you will be making around a romp stomping 10-15 cents per day per card. So around 60 cents per day.
This is as per Miningchamp - Find hashrate of Graphics card
I have a big bad 32 dollars from the past few days. I need to go back to Eth like we talked. My fucking laptop with a 2060 super in it is wrecking my 1080 due to a 400 power supply I forgot I threw in this rig 4 years ago. No wonder it never lived up to the true hype. My Alienware is due to arrive on Sunday. I want to see what the 3080 can do with the 1k power supply. I still have 4k to spend on making a rig my wife demanded us to make. Finding the cards is such a pain in the ass I might as well buy a antminer.
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Rajaah
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I've got four working laptops here to potentially mine. One of them is pretty beat-up and needs like $500 in repairs so I probably wouldn't use that one. The other 3 are all modern (two high-spec 2020 Lenovos, one mid-spec 2018 Lenovo). It'd obviously be a lot better if they were desktops, but I wonder what numbers I could do with them for mining if I ran all 3 simultaneously while sleeping / not home. It'd equate to about 15 hours a day. Laptops may not cut it...though on the 2020s I've got 32 GB RAM, i7 processors, solid video cards, etc. I'm willing to give it a shot. If it goes well (isn't incredibly slow), I'll get the fourth one repaired and get that one going too (presumably it'd eventually pay for itself).
What's the best thing to mine at this point, ETH or BTC?
Rajaah
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Soon as I realized ADA was on regular Coinbase today I grabbed it. Big buy at $1.28, going to hang onto that for a while.
When ETH becomes ETH 2.0, is everyone's existing holding in ETH going to just convert over to the new one? I'm interested to see what kind of a jump ETH gets out of this.
When ETH becomes ETH 2.0, is everyone's existing holding in ETH going to just convert over to the new one? I'm interested to see what kind of a jump ETH gets out of this.
Tmac
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They have 8 GB RAM and that site says they’re 32.5 MH/s. Not sure how to determine the precise watts usage though.
It says I can make $50 per month per card based on guesstimating.
Caliane
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Eth 2.0 isn't going to be a new coin. if you have Eth, you have eth 2.0. well its more like eth 1.4.76 atm.
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Caliane
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yeah, heres some more discussion on the topic.
"Why eth is still underrated."-reddit
that thread, has a couple interesting replies, via tweets.
This one is discussing developers. Eth just... crushes everything else.
lots of charts and data in that tweet thread.
Then theres this one, discussing EIP-1559 and proof of stake. This one is theorizing, when Eth swaps over to proof of stake, the price will skyrocket, and its being depreciated by being proof of work still. (also, points out, probably won't happen in 2021.) Some counter arguments against pos price as well.
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