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Calamari
“ Ke3vmc,
you claimed there was no forecast for July BTC mined. That was a lie.
You even forecast the number mined yourself. Let's see you apology
for that lie.”
A bunch of PIs guessing a figure is not a forecast.
Doh!
@Hexam which is exactly the point of my post yesterday evening. It was easy to see that the fudders would be out in force today as they were posting all sorts to big things up for the results. Same pattern, every month, so easy to see.
225/83% is bl**dy good in my book, look back a few months, see how far it’s come, it might improve your outlook.
Firstly sorry to all... to go on all this rubbish.
" He called closer to 400 btc "
ok I take that as fact coming from you hexam ( as imo your only 1 of only few who are down the middle on here)
But he also called 200 btc June just before that! So I said... ( its in my posting history) at 30% better mining margin for July.. that would make it a max of 260.
His reply was ... 400 plus !
My argument was with kev3mc calling me a liar agian about it.
Not bigchops.
Keep in mind that we were meant to have a lot of hash power by end of July, but the order got canceled and replaced for later on this year, so perhaps the 400 prediction was based on the increased hash rate that got delayed. Or not, who knows...
Flowerpot - Bigchops is correct. Theeduke did predict 238 recently for July numbers but he also made a much earlier prediction that it would be "closer to 400 in July".
So I think you both owe an apology and are owed one. Call it even?
Indeed Argobull, Can't recall which interview but it sounded like they have a good relationship and communication with the suppliers. I think once Texas comes online it will certainly make up for any small amounts of downtime in Quebec.
Thanks WG, that would make sense also and depending on the deal they have it might offer some rebate on the monthly power cost which would help with our excellent margins.
Apologies that was bigchops
Bogchops you are plain wrong!
Its exactly the same
And no , you don't post anything to back up what you say when your flying in when people don't have the same opinion as you. As today has proven!
You can call me a troll all you like if thats what you think, but not a liar thanks
Will look forward to your apology
For the record the so-called ramper quoted 238 coins mined in July! A bit different to 400. High but not that high from the FUD merchant.
@Argobull, When watching an interview with Peter I recall him saying about "downtime". Sometimes the grid they are working with needs more energy and ARGO will use less in those times. they work closely with the provider to manage electrical usage. I think the under estimation is because of a little downtime here and there when the grid is hot.
"How you can turn 225/83% into a negative is beyond me!"
225/83% isn't a negative and I am not turning it into one. These numbers, as I said, are pretty much as expected by anyone who understands difficulty levels and how they translate into mining figures. So it is great that ARB mined 225 btc in July at 83% margin but these figures are a direct result of the huge reduction in difficulty in July. All miners that kept their machines running should have enjoyed the same sort of uplift - just as they will all experience reductions when the difficulty creeps back up.
The reason it annoys me that some people are gushing so much over the numbers is that it raises unrealistic expectations that the sp will go up because of them. This just leads to disappointment that wouldn't be there if people didn't ramp so much.
flowerpot99
“If you told you England won the football World Cup in 1966 and you missed it... doesn't make it a lie, does it!”
No. It doesn’t. I’m not talking about the World Cup.
Put it this way. If I post something, I try to back it up with a relevant link, tweet, or quote. I don’t have to, but readers can see that I’m not just making something up to suit myself.
In the same way, I try to use the right words, because if I’m. It careful, readers get the wrong message.
If you told you England won the football World Cup in 1966 and you missed it... doesn't make it a lie, does it!
Thank you Kev, thats a start I suppose.
When theeduke appears next go on his chat as I said, just before his June prediction. And you will see his 400 plus July prediction and his reply
Read the the post @Hexam and please try to understand the point of it -
LimpingAlong
Posts: 1,144
Price: 135.00
No Opinion
RE: Wtf
Today 19:32
He’s written it so that when the rns does come with just results and a few other numbers, him and his band of fudders can say “this is bad guys, they should be further forward than this, look out blah blah blah, and look the SP has barely moved, whoa is us……”
Same every month!
How you can turn 225/83% into a negative is beyond me!
flowerpot99, you are the one claiming posters ramping 400btc. I’m saying they didn’t. You prove you didn’t lie, and I will be effusive in abject apology.
Until then, it’s a lie.
You having a late lunch kev?
Or not man enough to apologise as usual?
Thanks Muscles I think you are right. I remember one of the videos where they really noticed the new S19 performance (in comparison to existing machines).
Could be a wise decision to sell off these older machines in the near future and replace with newer....
https://polaris.brighterir.com/public/argo_blockchain/news/rns/story/xey8kzw
https://shop.bitmain.com/promote/antminer_s17/specification
https://shop.bitmain.com/promote/antminer_t17/specification
Thank you Carey. I do try hard to grasp my English and mostly get it some time like
OK big mouth kev , as your so rude go and look at theedukes posting just before the June results. And you will see his 400 btc prediction for July. And his reply to my challenge.
Yeah I was expecting 250-260 so it was less than my estimate - my calculations were basically our fleet at 1 EH, vs the average hash for the month being around 100EH, and the total BTC mining reward for the month (Blocks 689257 to 693627). This is 4370 blocks at 6.25 BTC each meaning 27312.5 BTC were rewarded in July (not to mention transaction fees but these aren't much). So 1% of that would be 273, plus 10BTC for our ZCash mining.
So today's figure is a lot less than I was expecting. I don't understand why. Maybe the network hash figures of 100EH aren't right.
https://blockchair.com/bitcoin/block/689257
https://blockchair.com/bitcoin/block/693627
https://ycharts.com/indicators/bitcoin_network_hash_rate
Car3y, thanks for confirming that they aren’t there.
Everybody has to learn how to spell a liar at some point.
Easy enough to spot one.
It’s not there in black and white. It didn’t happen. Two lies don’t make a truth.
There not their flowerpot.