3 Gh/s Mining Rig using quad 7970 GPU's - $1,716 - Bitcoin

Do I Need A Hot Tub Time Machine

Have you ever contemplated what you would change or relive if given the opportunity to time travel? I remember this hilarious movie called “Hot Tub Time Machine” that gave some middle aged men that exact opportunity. They were allowed to reinvent themselves and take advantage of missed opportunities that took place during their youth. The movie was as far from reality as you could possibly imagine, but still made me contemplate my life and the decisions I made along the way. If I had a Hot Tub Time Machine, would I be sitting here typing this blog or would I be flying in a helicopter somewhere. I remember being fascinated with helicopters as a child and wanted to fly a Huey like the ones used during the Vietnam era. Of course I was an underachiever during high school and chose a different path in life before I even realized the consequences of my actions. That dream went out the window like so many others to follow. Life is funny; I hated school as a young adult and was more worried about girls and popularity. If I used a Hot Tub Time Machine and went back in time today, I would choose to be a be a book worm. I realize that no one and nothing really matters other than my education while in high school. I should have listened to my mother who told me that all good things will come in time and stop worrying about the unimportant things like fashion, cars, and etc. But, I went down the road like many others and I wish I could redo my entire high school and college career which came later in life. Cryptocurrency has been a hobby/obsession of mine for a few years now and I always tell my wife, “Some guy is driving a Lambo in Miami right now because of Bitcoin.” I actually heard of Bitcoin when its price evaluation was about $300 a coin. I actually played around with attempting to build a mining rig one day and quickly lost interest after spending about 3 hours on a misguided project. I did successfully build a mining rig, but this was after Bitcoin had reached all-time highs of $19,000. What if I was given a Hot Tube Time Machine, would I go back to 2013 and reinvent my future? I would be a millionaire right now and my life would be completely different. As I hope you already realize, money does not bring happiness, but it does make things a hell of a lot easier. But at what cost would changes come. If I used my own little imaginary Hot Tub Time Machine, how many of my children would have been born. Would I have even met much less married my wife. And yes, I still enjoy her company usually, but have to be happily married and honest to understand that joke. There would be even more severe ramification to changing your past that you probably haven’t even thought of yet. What about all the people I have come into contact with over the years? I am sure that changing the past would have changed the future for countless thousands of people, since everyone in the world is removed from each other by only 6 people. This is called Six Degrees of Separation and is worth a quick read. It is a quite interesting theory and makes a lot of since when you think about all the people you have come into contact with during your life. There are many decisions that I made in the past that I wish I could change, but those changes would remove some results of those decisions that I quite enjoy. I feel it is essential that one must become a peace with the choices they have made throughout their life and focus on the future only. You cannot recreate the past for good reason, but the future is a completely different story. Even right now as I am typing I have done something that will affect my future or others. You and I must realize that the clock is ticking and we must take advantage of the time given to us on this earth. We do not need a Hot Tub Time Machine to make us happy, we just need to make wise decisions today and we will be able to enjoy the results tomorrow
https://truelifeblogs.com/2020/05/do-i-need-a-hot-tub-time-machine/
submitted by wiredauthor101 to Life [link] [comments]

In 2012 a Possessed Couch Told Me To Murder My Friends

Part 1, Part 2
As I walked through the IKEA showroom I felt distressed. I wanted to sit down, I needed to sit down, but all of the couches around me looked like they would cause me severe back pain. They were lit up with fancy lights and smelled faintly of disinfectant, the whole showroom felt like the world’s fanciest hospital. I desperately searched among the rows for something that would make me comfortable, but my search seemed hopeless. I walked around aimlessly, until, as if by divine intervention, I noticed a maintenance room in the corner of the showroom.
As I opened the door a cloud of smoke escaped the abyss that hid beyond. The darkness before me beckoned, ‘Come here Tiger,’ it whispered. I walked into the hallway. The door behind me closed.
As I journeyed through the corridor the smoke grew more intense, but so did my certainty that I would find what I was looking for. At first it was only my footsteps that echoed through the darkness, but as I walked on I could hear a far off radio playing. A familiar song by the Stones grew louder as I approached a room at the end of the hall. Yet the music was soon joined by sobs. Someone was crying.
A fluorescent light bulb crackled in and out of life, yet it was strong enough to illuminate the small room. A dark haired man in a worker’s uniform sat by the edge of a familiar couch as he finished off stitching the last bits of its flowery upholstery. He wept as he pulled out the thread and needle. His face was caked in grime, but the tears created two clear lines down his cheeks. When he saw me he wiped away his tears and got up. The man composed himself, lit a cigarette and walked over to me. He gave the couch one last look, but it wasn’t a look of sorrow, it was a look of pride. The man looked back at the couch as if he had just walked his daughter down the isle. Then he motioned towards it. ‘Come here Tiger, I’ve been waiting for you,’ the couch growled with sex in its tone.
I stepped towards the couch. The electricity in the air was back and stronger than before. ‘I can make your wildest dreams come true Tiger. I can make you believe in a heaven. All you have to do is fuck me.’
I reached out for the couch, all of my nerve endings tingled with anticipation. I was millimeters away from nirvana. The universe had its gaze set on me and was about to reveal all of its secrets but then-
My hand started to shake. It was gentle at first but soon the convulsions spread through my arm. Within moments I was down on the floor, my body throwing itself from side to side uncontrollably. The light bulb grew bright with a deafening scream. The world was crumbling at its axis. POP! The room was plunged into darkness.
“James? James, wake up,” Karl’s shadow stood above me. It was early morning; the room was still dim with dawn. Karl held two cigarettes in his hands, “We should go have a cigarette, friend.”
I was horribly dazed; his words didn’t make a lick of sense. The only thing that seemed understandable was the voice in the back of my head, ‘Don’t listen to him Tiger, he wants to take me away from you. Don’t let him get between our love.’ I stirred on the couch. My fingers were deep in the upholstery. “I don’t feel like smoking right now Karl.”
Karl didn’t move. “James, we have to take the couch outside. It doesn’t belong in this house anymore. You and me should also have a cigarette, we need to talk.”
‘He wants to hurt me Tiger, don’t let him hurt me, do something. He has to be stopped.’ I yawned and tried to look as sleepy as possible but Karl’s eyes stayed on me. “Mind if I nap for like fifteen more minutes?” I asked.
“James,” he started. His voice was cold, “We need to take the couch outside. We need to talk.”
I waited for the voice in my head to tell me what to do but it fell quiet. I was abandoned. “Okay, fine, no better way to start a morning than a bit of furniture moving and a smoke.” I lumbered off of the couch, put on my pants and reached for one end of the couch.
“What’s wrong with your hand?” Karl asked. I looked down. My fingers were covered in a thick layer of red, as if I had spent the whole night eating Cheetos. They were also bloated; my nails looked comically small nestled in between thick puffs of red flesh.
I waited for the couch to tell me what to do, but it still kept quiet. “I dunno, spent a good amount of time outside without gloves,” I finally said. Karl looked over at my other hand, my perfectly normal hand that didn’t spend the night inside of the couch, but he didn’t say anything. We carried the couch outside in silence.
It was oddly warm outside. There were still small piles of snow spread through the yard but the neighborhood looked more like a muddy war zone rather than a winter wonderland. The couch remained silent until we dropped it off in the middle of the backyard. ‘There’s a knife in the kitchen, Tiger,’ it whispered.
Karl lit up his cigarette and offered me the lighter. “I forgot my coat, give me a sec,” I said. I walked back into the apartment to fetch it. I went past the kitchen.
When I walked out of the apartment Karl was standing far off from the couch. He didn’t register me walking out; his attention was purely focused on the mysterious furniture. Something was going on behind those small eyes of his. My bloated hand was shoved deep into the coat of my pocket. ‘You know what to do Tiger,’ the voice whispered, ‘He wants to take me away from you, but you can stop him. Be my hero Tiger, be my hero and I will bring you incomprehensible pleasure.’ I walked towards Karl. I was shaking. “Want to sit?” I finally asked, dragging his attention away from the couch.
Karl motioned towards the lawn chair, “You can sit if you want to.” He lit up my cigarette. ‘One clean cut Tiger, he won’t see it coming, one clean cut through his throat.’ I didn’t sit. Karl’s eyes drifted back towards the couch. “There is something wrong with that couch James,” he started.
“I was nervous yesterday. Maarja’s parents have always been very critical of me. They think I am strange. Whenever I meet them they talk to me like I have escaped from a mental asylum, like there is something wrong with me. But yesterday was different James. Yesterday they made an effort. Maarja’s mother complimented me on my tie and her father was willing to look in my eyes while we talked. During lunch he asked me about my financial plans. I told him about Bitcoin,” Karl smiled, “Maarja’s father became very excited. He heard about crypto-currency from his coworkers, but he did not understand it. I explained it to him. He was so impressed that he asked to see how everything works. He invited himself over to our apartment. Things were going well. I saw him smile. I thought things would continue going well.” Karl paused, his eyes drifted back to the couch. “Things did not go well.”
“When we arrived at the apartment Maarja and her mom stayed outside for a cigarette. I went inside with Maarja’s father to show him the computer rig. He has heard enough about crypto to know that it is going to lift off. I wanted him to see that in a couple of years I would be able to provide for a family. I wanted to ask him if he would… You know…” Karl’s voice dropped to a whisper, “Let me marry his daughter.” He took another puff and shook his head, “But we didn’t get past the living room.”
“As soon as he saw the couch he stopped. He stood there, frozen, looking at the furniture. I tried talking to him but it was as if he didn’t hear me. For almost a minute he stared at the couch and then he jumped on it and started…” Karl trailed off; he looked back at the couch. An expression of utter disbelief danced around his face but he struck it down. Karl looked square into my eyes, “Maarja’s father jumped on the couch and started to hump it.”
Even through the numbness of my fingers I could feel the pointed edge of the kitchen knife. ‘Do it Tiger, do it for me. Don’t let him tell you his lies. Kill the freak. One clean cut. The loud whore inside is still asleep; she’ll be easier to get rid of. Do it Tiger, do it so we can be together forever.’ I cleared my throat, “Humping?” I asked?
“Humping,” Karl replied, “He humped the couch with all his energy. I tried to get him to stop but he wouldn’t listen to a word I said. He just kept on pressing himself against the couch like it was some long lost lover. I left when he started to take off his pants.
“I went outside to get Maarja and her mom. I told them something was wrong with Maarja’s dad and that they needed to come inside right away. At first they didn’t understand, they kept on asking questions. Could they not finish their cigarettes? What was specifically wrong? Why was I so panicked? They were oblivious, but as soon as I mentioned the couch. James, as soon as I mentioned the couch something sparked in Maarja’s mom’s eyes. She ran inside of the apartment, cigarette still in her hand and dragged him out.
“Remember how angry she was when she caught you and Saale the night after the party? Remember how we would joke about how crazy she was about the couch? James, the anger I saw yesterday was nothing compared to that. Maarja’s mother was furious. She slapped and hit Maarja’s dad until he was out of the apartment. She threatened him with divorce. She kicked and punched the man and then locked the door on him so he couldn’t come back.
“She said that Maarja’s dad was obsessed with the couch when they started dating, that the scars on his face are from rubbing against the cushioning. The only way that Maarja’s mom and her grandma managed to get her dad back to normal was by hiding the couch while he went out to do his military service. After he came back he kept on searching for it, he kept on demanding that the couch be returned, but over the years he gave up. That’s why Maarja’s mom wanted us to burn the couch when she saw it. That’s why she demands we burn it now.
“There’s something wrong with that couch James. I sat on it last night while you and Maarja were talking outside. There is something horribly rotten about that couch. As I sat there I could feel it probing in my brain, trying to grab onto something, it was as if the couch was trying to find pain that it could use; pain that it could feed off of. We have to burn it.”
‘SLIT HIS THROAT!’ The voice boomed in my head, ‘SLIT HIS THROAT AND THEN SLIT HER THROAT AND THEN COME TO ME!’ I could feel my arm getting ready. I could already see the blood streaming through his beard. I kept on trying to remind myself that Karl is my friend, that I didn’t want to hurt him, but every fiber of my being was being dragged towards murder. I took a step back. “Can… Can we burn it after New Years?”
“Are you okay?” Karl’s face suddenly turned concerned, “You look pale James.” I took another step backward. ‘A SINGLE SLICE TIGER, HE WON’T SEE IT COMING.’
“I…” my legs turned to jelly, I leaned up against the wall. I wanted to take my hand off the knife, I desperately wanted to be as far away from a weapon as I could be, but my hands refused. Murder jumbled my mind, images of death and pleasure and the couch filled my vision. “I don’t think I’m okay.”
Karl took a step forward. He planted his hand on my shoulder. ‘JUST DO IT YOU COWARD, JUST DO IT! DON’T LET HIM GET IN THE WAY OF OUR LOVE!’ He sighed, “Is this about Saale?”
“Yes,” I found myself saying, “The couch smells like her. I… I’m such a mess Karl. I don’t know how to get over this. I just want to be back. I want to be in high-school again and I want the four of us to be together again and I want to drink every night and…” I realized I was crying again. ‘Coward,’ the voice whispered.
Karl looked at me, visibly feeling awkward. His brow furrowed as he tried to figure out what to say. “We can still drink every night,” he finally said, offering up a weak smile. I couldn’t even manage a smile back. He frowned and thought for a bit more before he spoke again. “James, life is sometimes bad and sometimes it is good. Things will not change, Saale will not come back, but if you wait long enough things will get better. You will forget, you will feel better. I am not good with words, but I am good with waiting. Me and Maarja will wait with you until you are better.”
My hand slipped out of my pocket. It was empty. “Thank you Karl,” I said. ‘You’re a coward,’ the voice reminded me. The pieces started to fall together. The voice, the rat, the dreams, Maarja’s dad; there was something wrong with that couch. It needed to go. Yet there was still a part of me that couldn’t handle seeing it burn. I needed time to prepare. “You’re right about the couch. There’s something off about it but… Could we wait until after midnight to burn it?”
Karl studied me. “Why?”
“It’s silly, I know, but I think getting rid of the place where me and Saale had our first night would be a good start to the New Year, like a way to let things go.” Karl considered this idea for a bit and then nodded. It felt like a burden was lifted.
Maarja joined us outside after a couple of minutes with coffee. The warmth of the cup felt soothing on my irritated skin. Being with the two of them felt soothing to my irritated soul. Suddenly things started to brighten. Saale and me would never be back together, hell, maybe I would never see her again, and that thought stung but while I was in the company of Karl and Maarja it felt manageable. We set up plans for the rest of the day; by the looks of it our last day of 2012 would be filled with walks through old places, kebabs and booze. We sat down in the kitchen for some pre-drinking.
I put the knife where it belonged when no one was looking. The time that it had spent in my pocket felt like a fever dream. Anything related to the couch felt like a distant memory. The whole morning the voice had been silent, as if it had just satiated itself with calling me a coward and decided to abandon me. I returned the favor; even though it was right outside of the window I didn’t look at the couch a single time the entire morning. It was dead to me. In fact, I started to doubt whether it was ever alive to begin with.
Yet as we headed out to town I couldn’t help myself. I looked back at the couch. It stood defiantly in the middle of the backyard, snow and mud all around it. This was not the same dusty couch Karl and me had dragged out of the garage. It was comfy looking, clean, even sleek. As Karl and Maarja walked on I could see the upholstery rumple into a wink. ‘We’re not done Tiger,’ the voice faintly whispered in my mind, ‘Not by a long shot.’ I ignored it and went out with my friends.
We traced through our high-school drinking holes. Tallinn’s nightlife was always shifting around. Waiters and bartenders from Australia would sit at home, save up their money and run into the Baltics to buy a bar. The bar would be a financial trash fire and in under a year they would go broke. Yet the money that the expats blew on their dreams burnt bright, the names and owners of the bars might have changed but the memories that we made within those walls stayed. We went through the shisha bar where I would always celebrate my birthdays, the Karaoke place where Karl blew all of our minds, the hole-in-the-wall where our band had its first gig. We hoped from memory to memory until we ended up in the grand melting pot: Hellhunt park.
By day Hellhunt was a pub with a park terrace. By night Hellhunt was a pub with an adjoining noise complaint. As soon as the terrace closed down teens from every corner of the city would crowd the benches of the park and drink. Even though most of our drinking began at Maarja’s place we would often stumble through here. Hellhunt was the place where our social circle would stretch.
“They will be closing it down soon,” Karl said, looking at the mingling crowd of underage drunks. “Neighbors are complaining about the noise.”
“Screw the neighbors!” Maarja drunkenly yelled at the windows. She was outpacing both of us, it wasn’t even ten o’clock and she was already drunk enough to forget the whole night. “If you don’t like the noise just come outside! Come drink with us!” Maarja yelled her offer to the windows. No one paid attention to her. Yelling was a regular occurrence in Hellhunt.
Maarja stumbled her way over to the bench where Karl and me were sitting and collapsed between us. “You guys hear about Tinder?” That night was the drunkest I had ever seen her.
“Tinder?” I asked.
“It is an application for your phone where you choose strangers to have sex with,” Karl said.
Maarja scoffed so hard she fell on my shoulder. “It’s a love app! It’s where strangers, strangers like James here, find love! What an exciting time to be single, you’re just given a list of people and you go ‘Beep! Boop!’ Next thing you know you’re married!” Maarja lifted her head. She looked in my eyes as an air of utter seriousness and rum drifted off her, “But I swear to god James, if you get married before me I’ll slit your throat.” She burst out into a stream of giggles, managing to spill her drink in the process. “Whoops! Looks like momma needs more jet-fuel.” Maarja staggered up to her feet and started falling down in the direction of the pub.
Karl got up and managed to catch her before she fell over, “I will come with you. James? You want anything?” I still had half a plastic cup of vodka sprite. The two lovebirds went into the pub and left me alone with the crowd.
I started to think about that Tinder thing that Maarja was talking about. Maybe she was right, maybe it was a good time to be single. I was in the country with the highest models per capita, I was a foreigner, I haven’t been in a serious relationship for six months. There was something about having two breakdowns in the past two days that flooded the obsession out of me. I started searching the crowd for someone I would have swiped right on. That’s when I saw her.
She was standing at the edge of a circle of people. Some dude with dreadlocks was telling some story and she was listening. Her hazel eyes drifted around. They caught mine. For a split second we held each other’s gaze. Then Saale broke into a sprint. I ran after her.
The Old Town of Tallinn is a lot less beautiful when you sprint through it. You can’t appreciate the medieval buildings when you’re in a mad dash, the cobbled streets definitely don’t help either. I ran after Saale as the city turned into a blur around me. My head spun as I ran past the buildings; old school field trips, karaoke, drunken trips to McDonalds, all those thoughts rumbled about. Yet above all of them there was one solitary thought that reigned supreme; I had to catch Saale. She ran with comical intensity, bumping into drunken crowds as she tried to get away from. It was as if an animal was chasing her. Seeing that panic in her face whenever she looked behind to see if I was gaining on her started to crack something in me. We ran out from the old town towards the two big malls. Crossing the road Saale nearly got hit by a tram. Something in me broke. I stopped.
The absurdity of it all hit me at once. I was literally chasing her. She didn’t want to talk to me. She wouldn’t talk to me. For a couple minutes I stood still, letting the celebrating crowds walk past me like I was a lamppost. I was wavering between rage and despair. I chose the latter and trudged my way back to Hellhunt.
Karl and Maarja were still sitting on the same bench. He was nursing another beer whilst Maarja was chugging on water insisting that she is just getting hydrated to do more drinking later on. It wasn’t rare to lose your friends at Hellhunt for thirty minutes; they didn’t ask where I disappeared to. They could tell something was off though. I tried to act cool, pretend that everything was fine but it wasn’t. I couldn’t stay there. I needed to go back to Maarja’s and just be alone.
“What? You can’t leaveeee! It’s New Years eveee!” Maarja groaned, she kept on touching my face as if that would put me in a more festive mood.
“Do you want us to come home too? I am sure we can see the fireworks from the back yard,” Karl finally said, “I think Maarja might benefit from lying down.” Maarja protested. She was basically sober after all.
“No I think I need to be alone right now.”
Karl studied me for a bit but finally nodded. “We will be back after the fireworks. There are some games on my computer if you get bored.” I appreciated the sentiment but I wasn’t in a mood for videogames.
Karl gave me the keys and I made my way back to Maarja’s place. I moved past the crowds heading towards the center. I prayed I wouldn’t bump into Saale again.
I rushed past the couch sitting in the backyard. I know couches don’t have eyes but I knew it was watching me. It was silently waiting for me to slip.
There was a half drank bottle of moonshine on the living room floor from our pre-drinking. Just like any nineteen-year-old European boy the prospect of booze to dull my sadness leaped out at me. I tried to wash out the sting of rejection with the alcohol and for a while it helped, it dulled the pain, but the drunker I got the more my eyes started to slide towards the window. The couch just sat out there in the backyard, mud all around it, awaiting execution.
‘I told you we weren’t done’ it whispered, ‘Come outside Tiger.’
I took another pull of moonshine. I realized I needed a cigarette.
-MJL
(Final part)
submitted by MikeJesus to nosleep [link] [comments]

Tips for Building a 6K editing PC w/ more than 1 GPU (Resolve)

Hi editing !
I'm new to building a PC and lucked out on getting 3 x 1080 ti's for free from my brothers old bitcoin mining rig.
I shoot and edit my own videos, Ursa Mini 4.6K, 4.6K Lossless files (moving to RED Dragon 6K files in the new year with the RED Komodo 6k). I would like to edit with as little proxy-ing as possible, I know its totally unnecessary to have it playback at full res but my current computer cant even handle 720p proxies...
I currently edit on a 2013 Macbook Pro, mid-range. Timeline 1080p 24fps, Delivery 1080p (vimeo)
Ideally I will be taking 4.6k lossless files, as well as 6k 6:1 compressed files and editing in 4K 24fps proxy for 4K delivery.
My buddy told me I will be fine with just one 1080 ti, but I already have 3 so I figure I might as well put them to use.
I'm wondering if I can put all 3 of them into this sub $1500 rig.
The PC I am about to build will go like this:

CPU: AMD Ryzen 7 3800X 3.9 GHz 8-Core Processor
MB: Asus ROG STRIX X470-F Gaming ATX AM4
RAM: Corsair Vengeance LPX 32 GB (2 x 16 GB) DDR4-3200 Memory
Storage: Samsung 970 Evo 500 GB M.2-2280 NVME SSD
Storage: Western Digital 1 TB HDD
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
**GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card**
**(NON-SLI)**
CASE: Corsair 275R Airflow ATX Mid Tower Case
PSU: **EVGA BQ 850 W 80+ Bronze semi-modular ATX**
**(Need a 1000 W 80+ Gold if i have more than 2 GPU's)**

Most of the information I have found about 2 GPU's is SLI, but I have also read that DaVinci works better with 2 separate dedicated GPU's.
Does anyone have any advice on whether or not 2-way SLI is better?
Can I do 3-way Crossfire with this build? Can I have 3 GPU's non-SLI?
Can I dedicate just 1 GPU for debayering in the background?
Can I dedicate 1 GPU for rendering only?

Thanks in advance!
submitted by coltybabes to editing [link] [comments]

Tips for Building a 6K editing PC w/ more than 1 GPU (Resolve)

Hi buildapc
I'm new to building a PC and lucked out on getting 3 x 1080 ti's for free from my brothers old bitcoin mining rig.
I shoot and edit my own videos, Ursa Mini 4.6K, 4.6K Lossless files (moving to RED Dragon 6K files in the new year with the RED Komodo 6k). I would like to edit with as little proxy-ing as possible, I know its totally unnecessary to have it playback at full res but my current computer cant even handle 720p proxies...
I currently edit on a 2013 Macbook Pro, mid-range. Timeline 1080p 24fps, Delivery 1080p (vimeo)
Ideally I will be taking 4.6k lossless files, as well as 6k 6:1 compressed files and editing in 4K 24fps proxy for 4K delivery.
My buddy told me I will be fine with just one 1080 ti, but I already have 3 so I figure I might as well put them to use.
I'm wondering if I can put all 3 of them into this sub $1500 rig.
The PC I am about to build will go like this:

CPU: AMD Ryzen 7 3800X 3.9 GHz 8-Core Processor
MB: Asus ROG STRIX X470-F Gaming ATX AM4
RAM: Corsair Vengeance LPX 32 GB (2 x 16 GB) DDR4-3200 Memory
Storage: Samsung 970 Evo 500 GB M.2-2280 NVME SSD
Storage: Western Digital 1 TB HDD
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card
**GPU: EVGA GeForce GTX 1080 Ti 11 GB SC2 Video Card**
**(NON-SLI)**
CASE: Corsair 275R Airflow ATX Mid Tower Case
PSU: **EVGA BQ 850 W 80+ Bronze semi-modular ATX**
**(Need a 1000 W 80+ Gold if i have more than 2 GPU's)**

Most of the information I have found about 2 GPU's is SLI, but I have also read that DaVinci works better with 2 separate dedicated GPU's.
Does anyone have any advice on whether or not 2-way SLI is better?
Can I do 3-way Crossfire with this build? Can I have 3 GPU's non-SLI?
Can I dedicate just 1 GPU for debayering in the background?
Can I dedicate 1 GPU for rendering only?

Thanks in advance!
submitted by coltybabes to buildapc [link] [comments]

I literally have tens of thousands of dollars in top-shelf hardware, looking to repurpose some before selling on eBay to build a NAS system, possibly a dedicated firewall device as well. o_O

Q1) What will you be doing with this PC? Be as specific as possible, and include specific games or programs you will be using.**

A1) This will be a dedicated NAS system for my home network. As such, I'm looking to have it:

- Host ##TB's of 720, 1080 & up resolution Movies and TV Shows I'm about to begin ripping from a MASSIVE DVD & Blueray collection I have.

- My kids are big on Minecraft. I understand it's possible to host your own "worlds" (or whatever they call the maps you can build) on your own "server". I think it would be pretty neat to offer them (& their friends - if can be done 'safely/securely') their own partition on one of my NAS HDD's.

- I also have accounts with a couple diff VPN companies... I understand it's possible (?) to sync said VPN's with a NAS, this might be a more relative topic on the next point/purpose...

- I'd like to be able to remotely link to this NAS for when I travel overseas and want to stream at my temp location from my house/this NAS.
______________________
Q2) What is your maximum budget before rebates/shipping/taxes?**

* A2) Here's where I make matters more complicated than most others would... I've been an advocate for Bitcoin and crypto-currencies in general since 2013. I invested in a small mining outfit back in 2014 (strictly Bitcoin/ASIC's). One of my buddies is the President of a large-scale mining operation (foreign and domestic) and he convinced me to dabble in the GPU mining-space. I made my first hardware purchase in Q4, 2017 and launched a small-scale GPU-Farm in my house since then. I had the rigs mining up until Q3 of 2018 (not cost-efficient to keep on, especially living in SoFlo) and since then, the hardware's been collecting dust (& pissing off my family members since they lost access to 3X rooms in the house - I won't let anyone go near my gear). One of my New Years Resolutions for 2019 was to clear out the house of all my mining equipment so that's all about to go up on eBay. So "budget" is relative to whatever I "MUST" spend if I can't repurpose any of the parts I already have on hand for this build... (Anyone having something I "need" and is looking to barter for one of the items I'll list later on in here, LMK).
______________________
Q3) When do you plan on building/buying the PC? Note: beyond a week or two from today means any build you receive will be out of date when you want to buy.**

A3) IMMEDIATELY! :)
______________________
Q4) What, exactly, do you need included in the budget? (ToweOS/monitokeyboard/mouse/etc\)**

A4) Well I had a half-assed idea approximately 1 year ago that it might be wise to build a bunch of 'gaming rigs' to sell on eBay with my intended repurposed mining hardware so I went on a shopping spree for like 6 months. That said; I've got a plethora of various other components that aren't even unboxed yet. 90% of the items I've purchased for this additional project were items that were marked down via MIR (mail-in-rebates) & what-not...
AFAIK, there are only 3X items I absolutely do not have which I 'MUST' find. Those would be - 1) Motherboard which accepts "ECC RAM". 2) CPU for said MOBO. 3) Said "ECC RAM".\* 
______________________
Q5) Which country (and state/province) will you be purchasing the parts in? If you're in US, do you have access to a Microcenter location?**

A5) I'm located in Southwest Florida. No Microcenter's here. Best Buy is pretty much my only option although I am a member of Newegg, Amazon & Costco if that makes any difference?
______________________
Q6) If reusing any parts (including monitor(s)/keyboard/mouse/etc), what parts will you be reusing? Brands and models are appreciated.**

A6) In an attempt to better clean up this Q&A, I'm going to list the items I have on-hand at the end of this questionnaire in-case passers-by feel like this might be a TLDR.* (Scroll to the bottom & you'll see what I mean).
______________________
Q7) Will you be overclocking? If yes, are you interested in overclocking right away, or down the line? CPU and/or GPU?**

A7) I don't think that's necessary for my intended purpose although - I'm not against it if that helps & FWIW, I'm pretty skilled @ this task already (it's not rocket science).
______________________
Q8) Are there any specific features or items you want/need in the build? (ex: SSD, large amount of storage or a RAID setup, CUDA or OpenCL support, etc)**

A8) As stated in A4; ECC RAM is non-negotiable... RAID seems like a logical application here as well.

- This will predominantly be receiving commands from MacOS computers. I don't think that matters really but figured it couldn't hurt to let you guys know.\*

- I'd also be quite fond of implementing "PFSENSE" (or something of that caliber) applied to this system so I could give my Netgear Nighthawks less stress in that arena, plus my limited understanding of PFSENSE is that it's ability to act as a firewall runs circles around anything that comes with consumer-grade Wi-Fi routers (like my Nighthawks). Just the same, I'm open to building a second rig just for the firewall.\*

- Another desirable feature would be that it draws as little electricity from the wall as possible. (I'm EXTREMELY skilled in this arena. I have "Kill-A-Watts" to test/gauge on, as well as an intimate understanding of the differences between Silver, Gold, Platinum and Titanium rated PSU's. As well as having already measured each of the PSU's I have on-hand and taken note of the 'target TDP draw' ("Peak Power Efficiency Draw") each one offers when primed with X amount of GPU's when I used them for their original purpose.\*

- Last, but not least, sound (as in noise created from the rig). I'd like to prop this device up on my entertainment center in the living room. I've (almost) all of the top-shelf consumer grade products one could dream of regarding fans and other thermal-related artifacts.

- Almost forgot; this will be hosting to devices on the KODI platform (unless you guys have better alternative suggestions?)
______________________
Q9) Do you have any specific case preferences (Size like ITX/microATX/mid-towefull-tower, styles, colors, window or not, LED lighting, etc), or a particular color theme preference for the components?**

A9) Definitely! Desired theme would be WHITE. If that doesn't work for whatever reason, black or gray would suffice. Regarding "Case Size". Nah, that's not too important although I don't foresee a mini-ITX build making sense if I'm going to be cramming double digit amounts of TB in the system, Internal HDD's sounds better than a bunch of externals plugged in all the USB ports.
______________________
Q10) Do you need a copy of Windows included in the budget? If you do need one included, do you have a preference?**

A10) I don't know. If I do need a copy of Windows, I don't have one so that's something I'll have to consider I guess. I doubt that's a necessity though.
______________________
______________________
______________________
**Extra info or particulars:*\*

AND NOW TO THE FUN-STUFF... Here's a list of everything (PARTS PARTS PARTS) I have on-hand and ready to deploy into the wild &/or negotiate a trade/barter with:

CASES -
Corsair Carbide Series Air 540 Arctic White (Model# Crypto-Currency-9011048-WW) - (Probably my top pick for this build).
Cooler Master HAF XB EVO (This is probably my top 1st or 2nd pick for this build, the thing is a monster!).
Cooler Master Elite 130 - Mini ITX - Black
Cooler Master MasterBox 5 MID-Tower - Black & White
Raidmax Sigma-TWS - ATX - White
MasterBox Lite 5 - ATX - Black w/ diff. Colored accent attachments (included with purchase)
NZXT S340 Elite Matte White Steel/Tempered Glass Edition
EVGA DG-76 Alpine White - Mid Tower w/ window
EVGA DG-73 Black - Mid Tower w/ window (I have like 3 of these)

______________________
CPU's -
***7TH GEN OR BELOW INTEL's ("Code Name Class mentioned next to each one)**\*
Pentium G4400 (Skylake @54W TDP) - Intel ARK states is "ECC CAPABLE"
Celeron G3930 (Kaby Lake @ 51W TDP) - Intel ARK states is "ECC CAPABLE" :)
i5 6402P (Skylake @65W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i5 6600k (Skylake @ 91W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i7 6700 (Skylake @ 65W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(
i7 7700k (Kaby Lake @ 95W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(


***8TH GEN INTEL's **\*
i3-8350K (Coffee Lake @91W TDP) - Intel ARK states is "ECC FRIENDLY" :)
I5-8600K (Coffee Lake @95W TDP) - Intel ARK states is "NOT ECC CAPABLE" :(


***AMD RYZEN's **\*
Ryzen 3 2200G
Ryzen 5 1600
Ryzen 7 1700X

______________________
MOTHERBOARDS -

***7TH GEN AND BELOW INTEL BASED MOBO'S - **\*
MSI Z170A-SLI
ASUS PRIME Z270-A
ASUS PRIME Z270-P
ASUS PRIME Z270-K
EVGA Z270 Stinger
GIGABYTE GA-Z270XP-SLI
MSI B150M ARCTIC
MSI B250M MICRO ATX (PRO OPT. BOOST EDITION)

***8TH GEN INTEL BASED MOBO'S - **\*
EVGA Z370 FTW
GIGABYTE Z370XP SLI (Rev. 1.0)
MSI Z370 SLI PLUS


***AMD RYZEN BASED MOBO'S - **\*
ASUS ROG STRIX B350-F GAMING
MSI B350 TOMAHAWK
MSI X370 GAMING PRO
ASROCK AB350M PRO4
______________________


RAM -

Way too many to list, nothing but 4 & 8GB DDR4 sticks and unfortunately, none are ECC so it's not even worth mentioning/listing these unless someone reading this is willing to barter. At which time I'd be obliged to send an itemized list or see if I have what they're/you're specifically looking for.\*
______________________
THERMAL APPLICATIONS/FANS -
JUST FANS -
BeQuiet -
Pure Wings 2 (80mm)
Pure Wings 2 (120mm)
Pure Wings 2 (140mm)
Silent Wings 3 PWM (120mm)

NOCTUA -
PoopBrown - NF-A20 PWM (200mm) Specifically for the BIG "CoolerMaster HAF XB EVO" Case
GREY - NF-P12 Redux - 1700RPM (120mm) PWM
Corsair -
Air Series AF120LED (120mm)

CPU COOLING SYSTEMS -
NOCTUA -
NT-HH 1.4ml Thermal Compound
NH-D15 6 Heatpipe system (this thing is the tits)

EVGA (Extremely crappy coding in the software here, I'm like 99.99% these will be problematic if I were to try and use in any OS outside of Windows, because they barely ever work in the intended Windows as it is).
CLC 240 (240mm Water-cooled system
CRYORIG -
Cryorig C7 Cu (Low-Profile Copper Edition*)

A few other oversized CPU cooling systems I forget off the top of my head but a CPU cooler is a CPU cooler after comparing to the previous 3 models I mentioned.
I almost exclusively am using these amazing "Innovation Cooling Graphite Thermal Pads" as an alternative to thermal paste for my CPU's. They're not cheap but they literally last forever.

NZXT - Sentry Mesh Fan Controller
______________________
POWER SUPPLIES (PSU's) -
BeQuiet 550W Straight Power 11 (GOLD)

EVGA -
750P2 (750W, Platinum)
850P2 (850W, Platinum)
750T2 (750W, TITANIUM - yeah baby, yeah)

ROSEWILL -
Quark 750W Platinum
Quark 650W Platinum

SEASONIC -
Focus 750W Platinum
______________________
STORAGE -
HGST Ultrastar 3TB - 64mb Cache - 7200RPM Sata III (3.5)
4X Samsung 860 EVO 500GB SSD's
2X Team Group L5 LITE 3D 2.5" SSD's 480GB
2X WD 10TB Essential EXT (I'm cool with shucking)
+ 6X various other external HDD's (from 4-8TB) - (Seagate, WD & G-Drives)
______________________

Other accessories worth mentioning -
PCI-E to 4X USB hub-adapter (I have a dozen or so of these - might not be sufficient enough &/or needed but again, 'worth mentioning' in case I somehow ever run out of SATA & USB ports and have extra external USB HDD's. Although, I'm sure there would be better suited components if I get to that point that probably won't cost all that much).
______________________
______________________
______________________
Needless to say, I have at least 1X of everything mentioned above. In most all cases, I have multiples of these items but obviously won't be needing 2X CPU's, Cases, etc...

Naturally, I have GPU's. Specifically;

At least 1X of every. Single. NVIDIA GTX 1070 TI (Yes, I have every variation of the 1070 ti made by MSI, EVGA and Zotac. The only brand I don't have is the Gigabyte line. My partners have terrible experience with those so I didn't even bother. I'm clearly not going to be needing a GPU for this build but again, I'm cool with discussing the idea of a barter if anyone reading this is in the market for one.

I also have some GTX 1080 TI's but those are already spoken for, sorry.

It's my understanding that select CPU's I have on this list are ECC Friendly and AFAIK, only 1 of my MOBO's claims to be ECC Friendly (The ASROCK AB350M PRO4), but for the life of me, I can't find any corresponding forums that confirm this and/or direct me to a listing where I can buy compatible RAM. Just the same, if I go w/ the ASROCK MOBO, that means I'd be using one of the Ryzens. Those are DEF. power hungry little buggers. Not a deal-breaker, just hoping to find something a little more conservative in terms of TDP.


In closing, I don't really need someone to hold my hand with the build part as much as figuring out which motherboard, CPU and RAM to get. Then I'm DEFINITELY going to need some guidance on what OS is best for my desired purpose. If building 2X Rigs makes sense, I'm totally open to that as well...
Rig 1 = EPIC NAS SYSTEM
Rig 2 = EPIC PFSENSE (or the like) DEDICATED FIREWALL

Oh, I almost forgot... The current routers I'm using are...
1X Netgear Nighthawk 6900P (Modem + Router)
1X Netgear Nighthawk X6S (AC 4000 I believe - Router dedicated towards my personal devices - no IoT &/or Guests allowed on this one)
1X TP-Link Archer C5 (Router). Total overkill after implementing the Nighthawks but this old beast somehow has the best range, plus it has 2X USB ports so for now, it's dedicated towards my IoT devices.
---- I also have a few other Wi-Fi routers (Apple Airport Extreme & some inferior Netgear's but I can only allocate so many WiFi Routers to so many WiFi channels w/out pissing off my neighbors) On that note, I have managed to convince my neighbors to let me in their house/WiFi configuration so we all have our hardware locked on specific, non-competing frequencies/channels so everyone's happy. :)


Please spare me the insults as I insulted myself throughout this entire venture. Part of why I did this was because when I was a kid, I used to fantasize about building a 'DREAM PC' but could never afford such. To compensate for this deficiency, I would actually print out the latest and greatest hardware components on a word document, print the lists up & tape to wall (for motivation). I was C++ certified at the age of 14 and built my first PC when I was 7. At the age of 15 I abandoned all hope in the sector and moved on to other aspirations. This entire ordeal was largely based off me finally fulfilling a childhood fantasy. On that note = mission accomplished. Now if I'm actually able to fulfill my desires on this post, I'm definitely going to feel less shitty about blowing so much money on all this stuff over the last couple years.

TIA for assisting in any way possible. Gotta love the internets!


THE END.
:)

EDIT/UPDATE (5 hours after OP) - My inbox is being inundated with various people asking for prices and other reasonable questions about my hardware being up for sale. Not to be redundant but rather to expound on my previous remarks about 'being interested in a bartetrade' with any of you here...

I did say I was going to sell my gear on eBay in the near future, I also said I wanted to trade/barter for anything relative to helping me accomplish my OP's mission(s). I'm not desperate for the $$$ but I'm also not one of those people that likes to rip other people off. That said; I value my time and money invested in this hardware and I'm only willing to unload it all once I've established I have ZERO need for any of it here in my home first. Hence my writing this lengthy thread in an attempt to repurpose at least a grand or two I've already spent.

One of the most commonly asked questions I anticipate receiving from interested bodies is going to be "How hard were you on your hardware?" Contrary to what anyone else would have probably done in my scenario which is say they were light on it whether they were or weren't, I documented my handling of the hardware, and have no problem sharing such documentation with verified, interested buyers (WHEN THE TIME COMES) to offer you guys peace of mind.

I have photo's and video's of the venture from A-Z. I am also obliged to provide (redacted) electricity bill statements where you can correlate my photo's (power draw on each rig), and also accurately deduct the excess power my house consumed with our other household appliances. Even taking into consideration how much (more) I spent in electricity from keeping my house at a constant, cool 70-72F year-round (via my Nest thermostat). Even without the rigs, I keep my AC @ 70 when I'm home and for the last 1.5-2 years, I just so happened to spend 85% of my time here at my house. When I would travel, I'd keep it at 72 for my wife & kids.
Additionally; I had each GPU 'custom' oveunderclocke'd (MSI Afterburner for all GPU's but the EVGA's).*
I doubt everyone reading this is aware so this is for those that don't.... EVGA had the brilliant idea of implementing what they call "ICX technology" in their latest NVIDIA GTX GPU's. The short(est) explanation of this "feature" goes as follows:

EVGA GPU's w/ "ICX 9 & above" have EXTRA HEAT/THERMAL SENSORS. Unlike every other GTX 1070 ti on the market, the one's with this feature actually have each of 2/2 on-board fans connected to individual thermal sensors. Which means - if you were to use the MSI Afterburner program on one of these EVGA's and create a custom fan curve for it, you'd only be able to get 1/2 of the fans to function the way intended. The other fan simply would not engage as the MSI Afterburner software wasn't designed/coded to recognize/ communicate with an added sensor (let alone sensor'S). This, in-turn, would likely result in whoever's using it the unintended way having a GPU defect on them within the first few months I'd imagine... Perhaps if they had the TDP power settings dumbed down as much as I did (60-63%), they might get a year or two out of it since it wouldn't run as near as hot, but I doubt any longer than that since cutting off 50% of the cooling system on one of these can't be ignored too long, surely capacitors would start to blow and who knows what else...
(Warning = RANT) Another interesting side-note about the EVGA's and their "Precision-X" OveUnderclocking software is that it's designed to only recognize 4X GPU's on a single system. For miners, that's just not cool. My favorite builds had 8X and for the motherboards that weren't capable of maintaining stable sessions on 8, I set up with 6X. Only my EVGA Rigs had 3 or 4X GPU's dedicated to a single motherboard. Furthermore, and as stated in an earlier paragraph, (& this is just my opinion) = EVGA SOFTWARE SUCKS! Precision X wasn't friendly with every motherboard/CPU I threw at it and their extension software for the CLC Close-Loop-Cooling/ CPU water-coolers simply didn't work on anything, even integrating into their own Precision-X software. The amount of time it took me to finally find compatible matches with that stuff was beyond maddening. (END RANT).
Which leads me to my other comments on the matter. That's what I had every single 1070 ti set at for TDP = 60-63%. Dropping the power load that much allowed me to bring down (on average) each 1070 ti to a constant 110-115W (mind you, this is only possible w/ "Titanium" rated PSU's, Platinum comes pretty damn close to the Titanium though) while mining Ethereum and was still able to maintain a bottom of 30 MH/s and a ceiling of 32 MH/s. Increasing the TDP to 80, 90, 100% or more only increased my hashrates (yields) negligibly, like 35-36 MH/s TOPS, which also meant each one was not only pulling 160-180W+ (Vs. the aforementioned 115'ish range), it also meant my rigs were creating a significantly greater amount of heat! Fortunately for the GPU's and my own personal habits, I live in South Florida where it's hot as balls typically, last winter was nothing like this one. Increasing my yields by 10-15% didn't justify increasing the heat production in my house by >30%, nor the added electricity costs from subjecting my AC handlers to that much of an extra work-load. For anyone reading this that doesn't know/understand what I'm talking about - after spending no less than 2-3 hours with each. and. every. one. I didn't play with the settings on just one and universally apply the settings to the rest. I found the 'prime' settings and documented them with a label-maker and notepad. Here's the math in a more transparent manner:

*** I NEVER LET MY GPU's BREACH 61C, EVER. Only my 8X GPU rigs saw 60-61 & it was the ones I had in the center of the build (naturally). I have REALLY high power fans (used on BTC ASIC MINERS) that were sucking air from those GPU's which was the only way I was able to obtain such stellar results while mining with them. **\*
Mining at "acceptable" heat temps (not acceptable to me, but most of the internet would disagree = 70C) and overclocking accordingly brings in X amount of yields per unit. =
'Tweaking' (underclocking) the GPU's to my parameters reduced my yield per unit from -10-15%, but it SAVED me well over 30-35% in direct electricity consumption, and an unknown amount of passive electricity consumption via creating approximately 20%+ less heat for my AC handler to combat.

I say all this extra stuff not just for anyone interested in mining with their GPU's, but really to answer (in-depth) the apparent questions you people are asking me in PM's. Something else that should help justify my claims of being so conservative should be the fact I only have/used "Platinum and Titanium" rated PSU's. Heat production, power efficiency and longevity of the hardware were ALWAYS my top priority.* . I truly thought Crypto would continue to gain and/or recover and bounce back faster than it did. If this project had maintained positive income for 12 months+, I'd have expanded one of our sites to also cater to GPU mining on a gnarly scale.

Once I have my NAS (& possibly 2nd rig for the firewall) successfully built, I'll be willing/able to entertain selling you guys some/all of the remaining hardware prior to launching on eBay. If there's something you're specifically looking for that I listed having, feel free to PM me with that/those specific item(s). Don't count on an immediate response but what you can count on is me honoring my word in offering whoever asks first right of refusal when the time comes for me to sell this stuff. Fortunately for me, PM's are time-stamped so that's how I'll gauge everyone's place in line. I hope this extra edit answers most of the questions you guys wanted to have answered and if not, sorry I guess. I'll do my best to bring light to anything I've missed out on after I realize whatever that error was/is. The only way anyone is getting first dibs on my hardware otherwise is if they either offer compelling insight into my original questions, or have something I need to trade w/.

THE END (Round#2)


submitted by Im-Ne-wHere to buildapcforme [link] [comments]

Could porn pave the way for cryptocurrency adoption by merchants?

Hey guys, I’ve been a webmaster since I graduated college (Clemson, go Tigers!) in 2003. Some of my portfolio includes adult webcam projects. I could use your help with an upvote on this topic if you wouldn’t mind. My goal is to show the adult webmasters the massive size of the crypto community. We just implemented new cryptos on our platform and I want to urge other webmasters to do the same. Once this gets some legs, I plan on posting it to some adult webmaster news resources such as XBiz and AVN. It would be huge if we got this on the first page of Reddit to show them the demand. I’m not sure if you’re up on your internet history, but if you watched the movie Middle Men, you would know that Porn paved the way for online billing back in the late 90s. So maybe, just maybe, this could be substantial for merchant adoption.
Without further ado, here’s the letter I plan on publishing…
Dear Fellow Adult Webmasters,
Rather than submit a press release about adding multiple cryptocurrencies to our payment options on camwithher.com, I wanted to reach out to my fellow webmasters and urge you to do the same. The adult industry paved the way for online credit card processing in the late 1990s. Perhaps it can also pave the way for cryptocurrency payments online.
We were the first cam site (and perhaps adult site in general?) to offer Bitcoin deposits (https://bitcointalk.org/index.php?topic=138248.0) in January of 2013. Then unknown cryptocurrency advocates (now major influencers), Erik Voorhees (Shapeshift.io) and Tony Gallippi (Bitpay.com), convinced me to integrate Bitcoin into one of our more unkown cam sites as a test. At first, I was skeptical of digital money, transferring it 100% into fiat, however, I quickly changed my tune. Soon thereafter I integrated Bitcoin into our other sites and adjusted our settlement from 100% fiat to 100% Bitcoin. I got a fever, and the only prescription was more crypto. I was hooked. I started becoming a huge crypto advocate myself. I spoke at Bitpay’s Internext seminar. I went on to build my first mining rig. I invested in alt coins. It became a whole “thing”. HODLing became life.
Fast forward to today, cryptocurrency has come a long way, getting integrated more and more into everyday life and featured in major news headlines. However, there’s still a long road ahead in mass adoption, and this is where I think we can significantly make an impact. A vast majority of merchants don’t accept cryptocurrency and there’s absolutely no reason not to. Let me explain…
Do you like low merchant fees? Well you’re not going to get any lower than .5%. What other processor (especially in adult) will give you that? CoinPayments.net will and they’ll throw in a Paypal option at no charge. Some adult processors are taking 15% or higher.
Do you like getting chargebacks? Of course you don’t, and you won’t have to with cryptocurrency. There are no chargebacks. Yeah, none, zip, zilch, nyet, you get the picture.
Not a huge fan of crypto? No problem, get everything settled in fiat at no charge. If you’re anything like me, that will change.
What’s in it for me you ask? Sure, I own crypto and it would be nice to see it go up in value, but that isn’t why I’m writing this. Sure, my cam site is featured in this letter so you may be thinking I want the traffic. Traffic is nice, don’t get me wrong, but I sincerely want to see crypto get to the next level. I believe in the vision and want to see it succeed.
You have nothing to lose! So you only have to ask yourself one question. When Lambo? You’ll understand that once you dive in ;)
All the best,
Steve
President
SNR Productions, Inc.
Disclaimer: I kept most links out of this letter that I plan on putting in the news articles. I just wanted to follow the rules of this sub and didn't want this to appear as spam, so I left them out.
PS. I'm extremely excited to be the first cam site to offer BTC, LTC, BCH, DASH, DOGE, ETC, ETH, LSK, NEO, QTUM, STEEM, XMR, ZEC, and XRP payments!
edit: Wow ranked #3 on cryptocurrency! Thanks everyone! This is going to def turn some heads.
submitted by snrpro to CryptoCurrency [link] [comments]

Announcing EtherBlockchain.io - An Ethereum Community Site

Dear Ethereum Community,

Today, it is with great pride and hopefulness, I announce the launch of EtherBlockchain.io, an “Ethereum Community Site”. EtherBlockchain.io is still in development so we ask that you please bear with and support us as we continue to build.

EtherBlockchain.io is a site that will both strengthen and nurture the very core of the Ethereum ecosystem. A site that will support both new users and ongoing users alike. A site that will help to fill a major void in our ecosystem. A site we can all be proud of.

The Problem
The Ethereum Blockchain is positioned to change the very foundation of the internet and all of humanity. However, currently, Ethereum Blockchain users both new and old must find transactional information, network data, current news, FAQs, services, blockchain applications, social interaction and basic learning information scattered across the internet amongst many different websites.

To effectively learn, interact with the technology and connect to the community, users must visit Blockchain Explorer sites, cryptocurrency exchanges, Reddit communities, YouTube channels, news/blog sites and more.
This is a major roadblock for new users and also leaves the current community without the nucleus/campfire/gathering point needed to both maintain and continually foster new user growth. If you’ve ever tried to help a friend or family member learn about, get Ether, or safely invest in this new technology then you know first hand what I am speaking about.

The Solution
We are building EtherBlockchain.io to become an all-inclusive Ethereum website featuring:
Decentralized Token Exchange
Full Featured Ethereum Blockchain Explorer
Current & Historical Blockchain News & Videos
Ethereum Token Market Data
New User On-Boarding/FAQs
Community Social Interaction
User Account Services
User Reputation
Verified User Accounts

A site that will provide the highest level of Ethereum Blockchain Information, News, Tools, Services and Social Interaction. A site that will create partnerships with the community, to both serve and strengthen the community. A site built with great UI/UX to stimulate mass adoption as an utmost priority. And most importantly, a trusted site that you can refer to a friend or loved one as a resource to find the support needed to learn, use and greatly benefit from blockchain technology.

As we all know, the Ethereum ecosystem is currently at a very pivotal juncture. We are faced with overcoming scalability issues. We must develop applications that improve and break legacy trust points. We must build the bridges that will allow accessibility of the masses to our technology. This process will take time and many projects, both large and small, will not survive.

To fulfill our mission, and to put it very frankly, We Need Your Support. I now openly ask for the support of the Ethereum community members and the greater blockchain ecosystem.

Who is EtherBlockchain.io? Who am I and why should you support us?
The Ethereum community is and has always been very special amongst blockchain communities. It is the true core of this community, both long time and new members alike, that have joined together in establishing a culture of inclusion and respect. It is this core of the community that supported each other early on and continues to build and push the Ethereum ecosystem forward today.
It is this core community that I hope to reach and draw support from the most. I am reddit.comusafootballer, a long time core member of the Ethereum community.
One thing that has always warmed my heart about blockchain communities is the practice of telling each other our stories of how we first got introduced to blockchain technology. I think it’s fascinating to hear each other's stories. It’s also important for us to learn the tipping point moments that lead to gaining new members of the community. In that spirit, I will briefly share my story.
I first heard about Bitcoin in the summer of 2011 when a friend explained it to me as “money to buy drugs on the Internet”. Well… since I wasn't in the market of purchasing drugs on the Internet, I didn't give it a second thought (Yes, I missed out on less than $1 Bitcoin). It was then in the fall of 2013 that Bitcoin hit my radar once again when Wired.com posted an article about Bitcoin. Bitcoin had gone from $20 to $1300 in less than a year and this time I took a second look. I immediately read the Bitcoin white paper and I instantly “got it”. I fully understood Bitcoin as digital cash. More importantly I understood it as an alternative to the legacy financial systems.
It was then January of 2014, I had a couple months of Bitcoin knowledge under my belt, I was totally hooked on the technology, I hadn’t purchased any Bitcoin yet, but I was consuming every bit of information about Bitcoin that I could find. The Miami Bitcoin Conference was being held and I can remember very vividly that I was literally just waiting around for videos to pop-up on YouTube so I could watch some of the presentations. I was feenin’ and ironically Bitcoin content had become my “drugs on the internet”. This video was posted that day (later reposted by the EF) and it has changed my life forever. This is the video of u/vbuterin presenting Ethereum to the public for the first time. I was one of the first 15 or 20 to click on the link. I watched this video and my head absolutely exploded. I can only describe it as like being in the room the first time Thomas Edison presented electricity! And… if up to that point there’s only been oil and candles to create light… you immediate know this will change everything. I knew at that moment the Ethereum project would be one of the most important projects in the history of mankind. Again, Thank you u/vbuterin for your vision, your courage and your leadership.

It was good timing that I had a full understanding of Bitcoin, it was certainly important that I have a bigger interest and appreciation of the technology over price speculation and I was also very fortunate that I’ve been a serial entrepreneur all my life. These things help me to clearly see the Ethereum Blockchain vision, the greater promise of the technology and the courage and focus to take action. I am 100% committed to the Ethereum project, committed to this community and committed to developing open, decentralized, trust-less services and applications for the benefit of all mankind. I, like many others in the core of this community have been here for a very long time supporting, contributing and building. I ask you for your support so that we all can continue our missions.

A member of the community:
I’ve been a member of the community on reddit since day one (I’ve been building a lot and don’t post as much these days).
DAI - I was at the first Maker community meeting w u/Rune
https://www.reddit.com/ethereum/comments/332fxh/stablecoin_and_edollar_weekly_hangout_tomorrow/
The Dao - I was very supportive of the fork
https://www.reddit.com/ethereum/comments/4q9ewf/ethereums_dao_wars_soft_fork_is_a_potential_dos/d4r8060/?context=3
https://www.reddit.com/ethereum/comments/4pd63n/why_ethereum_should_fork/d4k1akc/?context=3
Gnosis ICO - I speak up for greater good
https://www.reddit.com/ethtradecomments/66a40l/we_are_the_gnosis_team_ask_us_anything/dggysrk/?context=3
Ether Under $1 - I’m an original HODLer
https://www.reddit.com/ethtradecomments/3gerll/anyone_else_think_a_000255_btc_pricing_for_ethectxiobi/?context=3
I supported the Ethereum project in the pre-sale.
I mined with a computer on the Olympic test net and I mined with a rig from my home for the first 2 years of the main network going live in July 2015.
I’ve been working on EtherBlockchain.io for 3+ years (Myself and now a team of 8 Rock Star Developers).

Here’s how you can support us:

How Mining Pools, Dapps, Wallets and other Blockchain apps can support us:
Link your transaction url receipts to our transaction pages.

If you have the taken the time to read this far into my post, you absolutely are a core member of this community! Thank You Very Much for your time and we would greatly appreciate your support.

A final and MOST important message to the community:
The single biggest thing you can do to help us AND to help the entire Ethereum community is to stop using centralized exchanges and start using a completely decentralized exchange!

Centralized exchanges are extracting value from our ecosystem, falsifying data, losing customer funds and some are flat out stealing customers funds.

I don’t have to explain this any further to core of this community. We all know the problems with centralized exchanges and we all know it’s senseless to use a technology that eliminates the middleman, yet to trade tokens with each other we bypass that technology and we use a middleman. We all know we can’t allow the damage of this paradigm to continue. As a community we must build and we must support open decentralized finance applications.

Now is the time to migrate away from centralized exchanges! EtherBlockchain.io/exchange and other DEXs need your support now!

EtherBlockchain will be the trusted site we can all tell our friends and family to go to, to learn about blockchain technology and decentralized applications. We will teach users to hold their own keys and fully control their own digital assets. We will strengthen and nurture the core of the Ethereum ecosystem by supporting, partnering with and giving back to this community. We will build open and trust-less applications that benefit not just the few but the many.
We ask you to visit our site and to support us. Please recommend us to your friends and family, if you discover things that don’t work correctly or if there’s a feature that you’d like to see us add, please tell us.

Thank You All for your support!
u/usafootballer
submitted by usafootballer to ethtrader [link] [comments]

EtherBlockchain.io - Ethereum Blockchain Explorer & Decentralized Exchange

Dear Ethereum Community,

Today, it is with great pride and hopefulness, I announce the launch of EtherBlockchain.io, an “Ethereum Community Site”. EtherBlockchain.io is still in development so we ask that you please bear with and support us as we continue to build.
EtherBlockchain.io is a site that will both strengthen and nurture the very core of the Ethereum ecosystem. A site that will support both new users and ongoing users alike. A site that will help to fill a major void in our ecosystem. A site we can all be proud of.

The Problem
The Ethereum Blockchain is positioned to change the very foundation of the internet and all of humanity. However, currently, Ethereum Blockchain users both new and old must find transactional information, network data, current news, FAQs, services, blockchain applications, social interaction and basic learning information scattered across the internet amongst many different websites.

To effectively learn, interact with the technology and connect to the community, users must visit Blockchain Explorer sites, cryptocurrency exchanges, Reddit communities, YouTube channels, news/blog sites and more.

This is a major roadblock for new users and also leaves the current community without the nucleus/campfire/gathering point needed to both maintain and continually foster new user growth. If you’ve ever tried to help a friend or family member learn about, get Ether, or safely invest in this new technology then you know first hand what I am speaking about.

The Solution
We are building EtherBlockchain.io to become an all-inclusive Ethereum website featuring:
Decentralized Token Exchange
Full Featured Ethereum Blockchain Explorer
Current & Historical Blockchain News & Videos
Ethereum Token Market Data
New User On-Boarding/FAQs
Community Social Interaction
User Account Services
User Reputation
Verified User Accounts

A site that will provide the highest level of Ethereum Blockchain Information, News, Tools, Services and Social Interaction. A site that will create partnerships with the community, to both serve and strengthen the community. A site built with great UI/UX to stimulate mass adoption as an utmost priority. And most importantly, a trusted site that you can refer to a friend or loved one as a resource to find the support needed to learn, use and greatly benefit from blockchain technology.

As we all know, the Ethereum ecosystem is currently at a very pivotal juncture. We are faced with overcoming scalability issues. We must develop applications that improve and break legacy trust points. We must build the bridges that will allow accessibility of the masses to our technology. This process will take time and many projects, both large and small, will not survive.

To fulfill our mission, and to put it very frankly, We Need Your Support. I now openly ask for the support of the Ethereum community members and the greater blockchain ecosystem.

Who is EtherBlockchain.io? Who am I and why should you support us?
The Ethereum community is and has always been very special amongst blockchain communities. It is the true core of this community, both long time and new members alike, that have joined together in establishing a culture of inclusion and respect. It is this core of the community that supported each other early on and continues to build and push the Ethereum ecosystem forward today.

It is this core community that I hope to reach and draw support from the most. I am reddit.comusafootballer, a long time core member of the Ethereum community.

One thing that has always warmed my heart about blockchain communities is the practice of telling each other our stories of how we first got introduced to blockchain technology. I think it’s fascinating to hear each other's stories. It’s also important for us to learn the tipping point moments that lead to gaining new members of the community. In that spirit, I will briefly share my story.

I first heard about Bitcoin in the summer of 2011 when a friend explained it to me as “money to buy drugs on the Internet”. Well… since I wasn't in the market of purchasing drugs on the Internet, I didn't give it a second thought (Yes, I missed out on less than $1 Bitcoin). It was then in the fall of 2013 that Bitcoin hit my radar once again when Wired.com posted an article about Bitcoin. Bitcoin had gone from $20 to $1300 in less than a year and this time I took a second look. I immediately read the Bitcoin white paper and I instantly “got it”. I fully understood Bitcoin as digital cash. More importantly I understood it as an alternative to the legacy financial systems.

It was then January of 2014, I had a couple months of Bitcoin knowledge under my belt, I was totally hooked on the technology, I hadn’t purchased any Bitcoin yet, but I was consuming every bit of information about Bitcoin that I could find. The Miami Bitcoin Conference was being held and I can remember very vividly that I was literally just waiting around for videos to pop-up on YouTube so I could watch some of the presentations. I was feenin’ and ironically Bitcoin content had become my “drugs on the internet”. This video was posted that day (later reposted by the EF) and it has changed my life forever. This is the video of u/vbuterin presenting Ethereum to the public for the first time. I was one of the first 15 or 20 to click on the link. I watched this video and my head absolutely exploded. I can only describe it as like being in the room the first time Thomas Edison presented electricity! And… if up to that point there’s only been oil and candles to create light… you immediate know this will change everything. I knew at that moment the Ethereum project would be one of the most important projects in the history of mankind. Again, Thank you u/vbuterin for your vision, your courage and your leadership.

It was good timing that I had a full understanding of Bitcoin, it was certainly important that I have a bigger interest and appreciation of the technology over price speculation and I was also very fortunate that I’ve been a serial entrepreneur all my life. These things help me to clearly see the Ethereum Blockchain vision, the greater promise of the technology and the courage and focus to take action. I am 100% committed to the Ethereum project, committed to this community and committed to developing open, decentralized, trust-less services and applications for the benefit of all mankind. I, like many others in the core of this community have been here for a very long time supporting, contributing and building. I ask you for your support so that we all can continue our missions.

A member of the community:
I’ve been a member of the community on reddit since day one (I’ve been building a lot and don’t post as much these days).
DAI - I was at the first Maker community meeting w u/Rune
https://www.reddit.com/ethereum/comments/332fxh/stablecoin_and_edollar_weekly_hangout_tomorrow/
The Dao - I was very supportive of the fork
https://www.reddit.com/ethereum/comments/4q9ewf/ethereums_dao_wars_soft_fork_is_a_potential_dos/d4r8060/?context=3
https://www.reddit.com/ethereum/comments/4pd63n/why_ethereum_should_fork/d4k1akc/?context=3
Gnosis ICO - I speak up for greater good
https://www.reddit.com/ethtradecomments/66a40l/we_are_the_gnosis_team_ask_us_anything/dggysrk/?context=3
Ether Under $1 - I’m an original HODLer
https://www.reddit.com/ethtradecomments/3gerll/anyone_else_think_a_000255_btc_pricing_for_ethectxiobi/?context=3
I supported the Ethereum project in the pre-sale.
I mined with a computer on the Olympic test net and I mined with a rig from my home for the first 2 years of the main network going live in July 2015.
I’ve been working on EtherBlockchain.io for 3+ years (Myself and now a team of 8 Rock Star Developers).

Here’s how you can support us:

How Mining Pools, Dapps, Wallets and other Blockchain apps can support us:
Link your transaction url receipts to our transaction pages.

If you have the taken the time to read this far into my post, you absolutely are a core member of this community! Thank You Very Much for your time and we would greatly appreciate your support.

A final and MOST important message to the community:
The single biggest thing you can do to help us AND to help the entire Ethereum community is to
stop using centralized exchanges and start using a completely decentralized exchange!

Centralized exchanges are extracting value from our ecosystem, falsifying data, losing customer funds and some are flat out stealing customers funds.

I don’t have to explain this any further to core of this community. We all know the problems with centralized exchanges and we all know it’s senseless to use a technology that eliminates the middleman, yet to trade tokens with each other we bypass that technology and we use a middleman. We all know we can’t allow the damage of this paradigm to continue. As a community we must build and we must support open decentralized finance applications.

Now is the time to migrate away from centralized exchanges! EtherBlockchain.io/exchange and other DEXs need your support now!

EtherBlockchain will be the trusted site we can all tell our friends and family to go to, to learn about blockchain technology and decentralized applications. We will teach users to hold their own keys and fully control their own digital assets. We will strengthen and nurture the core of the Ethereum ecosystem by supporting, partnering with and giving back to this community. We will build open and trust-less applications that benefit not just the few but the many.

We ask you to visit our site and to support us. Please recommend us to your friends and family, if you discover things that don’t work correctly or if there’s a feature that you’d like to see us add, please tell us.

Thank You All for your support!
u/usafootballer
submitted by usafootballer to ethereum [link] [comments]

An extensive guide for cashing out bitcoin and cryptocurrencies into private banks

Hey guys.
Merry Xmas !
I am coming back to you with a follow up post, as I have helped many people cash out this year and I have streamlined the process. After my original post, I received many requests to be more specific and provide more details. I thought that after the amazing rally we have been attending over the last few months, and the volatility of the last few days, it would be interesting to revisit more extensively.
The attitude of banks around crypto is changing slowly, but it is still a tough stance. For the first partial cash out I operated around a year ago for a client, it took me months to find a bank. They wouldn’t want to even consider the case and we had to knock at each and every door. Despite all my contacts it was very difficult back in the days. This has changed now, and banks have started to open their doors, but there is a process, a set of best practices and codes one has to follow.
I often get requests from crypto guys who are very privacy-oriented, and it takes me months to have them understand that I am bound by Swiss law on banking secrecy, and I am their ally in this onboarding process. It’s funny how I have to convince people that banks are legit, while on the other side, banks ask me to show that crypto millionaires are legit. I have a solid background in both banking and in crypto so I manage to make the bridge, but yeah sometimes it is tough to reconcile the two worlds. I am a crypto enthusiast myself and I can say that after years of work in the banking industry I have grown disillusioned towards banks as well, like many of you. Still an account in a Private bank is convenient and powerful. So let’s get started.
There are two different aspects to your onboarding in a Swiss Private bank, compliance-wise.
*The origin of your crypto wealth
*Your background (residence, citizenship and probity)
These two aspects must be documented in-depth.
How to document your crypto wealth. Each new crypto millionaire has a different story. I may detail a few fun stories later in this post, but at the end of the day, most of crypto rich I have met can be categorized within the following profiles: the miner, the early adopter, the trader, the corporate entity, the black market, the libertarian/OTC buyer. The real question is how you prove your wealth is legit.
1. Context around the original amount/investment Generally speaking, your first crypto purchase may not be documented. But the context around this acquisition can be. I have had many cases where the original amount was bought through Mtgox, and no proof of purchase could be provided, nor could be documented any Mtgox claim. That’s perfectly fine. At some point Mtgox amounted 70% of the bitcoin transactions globally, and people who bought there and managed to withdraw and keep hold of their bitcoins do not have any Mtgox claim. This is absolutely fine. However, if you can show me the record of a wire from your bank to Tisbane (Mtgox's parent company) it's a great way to start.
Otherwise, what I am trying to document here is the following: I need context. If you made your first purchase by saving from summer jobs, show me a payroll. Even if it was USD 2k. If you acquired your first bitcoins from mining, show me the bills of your mining equipment from 2012 or if it was through a pool mine, give me your slushpool account ref for instance. If you were given bitcoin against a service you charged, show me an invoice.
2. Tracking your wealth until today and making sense of it. What I have been doing over the last few months was basically educating compliance officers. Thanks God, the blockchain is a global digital ledger! I have been telling my auditors and compliance officers they have the best tool at their disposal to lead a proper investigation. Whether you like it or not, your wealth can be tracked, from address to address. You may have thought all along this was a bad feature, but I am telling you, if you want to cash out, in the context of Private Banking onboarding, tracking your wealth through the block explorer is a boon. We can see the inflows, outflows. We can see the age behind an address. An early adopter who bought 1000 BTC in 2010, and let his bitcoin behind one address and held thus far is legit, whether or not he has a proof of purchase to show. That’s just common sense. My job is to explain that to the banks in a language they understand.
Let’s have a look at a few examples and how to document the few profiles I mentioned earlier.
The trader. I love traders. These are easy cases. I have a ton of respect for them. Being a trader myself in investment banks for a decade earlier in my career has taught me that controlling one’s emotions and having the discipline to impose oneself some proper risk management system is really really hard. Further, being able to avoid the exchange bankruptcy and hacks throughout crypto history is outstanding. It shows real survival instinct, or just plain blissed ignorance. In any cases traders at exchange are easy cases to corroborate since their whole track record is potentially available. Some traders I have met have automated their trading and have shown me more than 500k trades done over the span of 4 years. Obviously in this kind of scenario I don’t show everything to the bank to avoid information overload, and prefer to do some snacking here and there. My strategy is to show the early trades, the most profitable ones, explain the trading strategy and (partially expose) the situation as of now with id pages of the exchanges and current balance. Many traders have become insensitive to the risk of parking their crypto at exchange as they want to be able to trade or to grasp an occasion any minute, so they generally do not secure a substantial portion on the blockchain which tends to make me very nervous.
The early adopter. Provided that he has not mixed his coin, the early adopter or “hodler” is not a difficult case either. Who cares how you bought your first 10k btc if you bought them below 3$ ? Even if you do not have a purchase proof, I would generally manage to find ways. We just have to corroborate the original 30’000 USD investment in this case. I mainly focus on three things here:
*proof of early adoption I have managed to educate some banks on a few evidences specifically related to crypto markets. For instance with me, an old bitcointalk account can serve as a proof of early adoption. Even an old reddit post from a few years ago where you say how much you despise this Ripple premined scam can prove to be a treasure readily available to show you were early.
*story telling Compliance officers like to know when, why and how. They are human being looking for simple answers to simple questions and they don’t want like to be played fool. Telling the truth, even without a proof can do wonders, and even though bluffing might still work because banks don’t fully understand bitcoin yet, it is a risky strategy that is less and less likely to pay off as they are getting more sophisticated by the day.
*micro transaction from an old address you control This is the killer feature. Send a $20 worth transaction from an old address to my company wallet and to one of my partner bank’s wallet and you are all set ! This is gold and considered a very solid piece of evidence. You can also do a microtransaction to your own wallet, but banks generally prefer transfer to their own wallet. Patience with them please. they are still learning.
*signature message Why do a micro transaction when you can sign a message and avoid potentially tainting your coins ?
*ICO millionaire Some clients made their wealth participating in ETH crowdsale or IOTA ICO. They were very easy to deal with obviously and the account opening was very smooth since we could evidence the GENESIS TxHash flow.
The miner Not so easy to proof the wealth is legit in that case. Most early miners never took screenshot of the blocks on bitcoin core, nor did they note down the block number of each block they mined. Until the the Slashdot article from August 2010 anyone could mine on his laptop, let his computer run overnight and wake up to a freshly minted block containing 50 bitcoins back in the days. Not many people were structured enough to store and secure these coins, avoid malwares while syncing the blockchain continuously, let alone document the mined blocks in the process. What was 50 BTC worth really for the early miners ? dust of dollars, games and magic cards… Even miners post 2010 are generally difficult to deal with in terms of compliance onboarding. Many pool mining are long dead. Deepbit is down for instance and the founders are MIA. So my strategy to proof mining activity is as follow:
*Focusing on IT background whenever possible. An IT background does help a lot to bring some substance to the fact you had the technical ability to operate a mining rig.
*Showing mining equipment receipts. If you mined on your own you must have bought the hardware to do so. For instance mining equipment receipts from butterfly lab from 2012-2013 could help document your case. Similarly, high electricity bill from your household on a consistent basis back in the day could help. I have already unlocked a tricky case in the past with such documents when the bank was doubtful.
*Wallet.dat files with block mining transactions from 2011 thereafter This obviously is a fantastic piece of evidence for both you and me if you have an old wallet and if you control an address that received original mined blocks, (even if the wallet is now empty). I will make sure compliance officers understand what it means, and as for the early adopter, you can prove your control over these wallet through a microtransaction. With these kind of addresses, I can show on the block explorer the mined block rewards hitting at regular time interval, and I can even spot when difficulty level increased or when halvening process happened.
*Poolmining account. Here again I have educated my partner bank to understand that a slush account opened in 2013 or an OnionTip presence was enough to corroborate mining activity. The block explorer then helps me to do the bridge with your current wallet.
*Describing your set up and putting it in context In the history of mining we had CPU, GPU, FPG and ASICs mining. I will describe your technical set up and explain why and how your set up was competitive at that time.
The corporate entity Remember 2012 when we were all convinced bitcoin would take over the world, and soon everyone would pay his coffee in bitcoin? How naïve we were to think transaction fees would remain low forever. I don’t blame bitcoin cash supporters; I once shared this dream as well. Remember when we thought global adoption was right around the corner and some brick and mortar would soon accept bitcoin transaction as a common mean of payment? Well, some shop actually did accept payment and held. I had a few cases as such of shops holders, who made it to the multi million mark holding and had invoices or receipts to proof the transactions. If you are organized enough to keep a record for these trades and are willing to cooperate for the documentation, you are making your life easy. The digital advertising business is also a big market for the bitcoin industry, and affiliates partner compensated in btc are common. It is good to show an invoice, it is better to show a contract. If you do not have a contract (which is common since all advertising deals are about ticking a check box on the website to accept terms and conditions), there are ways around that. If you are in that case, pm me.
The black market Sorry guys, I can’t do much for you officially. Not that I am judging you. I am a libertarian myself. It’s just already very difficult to onboard legit btc adopters, so the black market is a market I cannot afford to consider. My company is regulated so KYC and compliance are key for me if I want to stay in business. Behind each case I push forward I am risking the credibility and reputation I have built over the years. So I am sorry guys I am not risking it to make an extra buck. Your best hope is that crypto will eventually take over the world and you won’t need to cash out anyway. Or go find a Lithuanian bank that is light on compliance and cooperative.
The OTC buyer and the libertarian. Generally a very difficult case. If you bought your stack during your journey in Japan 5 years ago to a guy you never met again; or if you accumulated on https://localbitcoins.com/ and kept no record or lost your account, it is going to be difficult. Not impossible but difficult. We will try to build a case with everything else we have, and I may be able to onboard you. However I am risking a lot here so I need to be 100% confident you are legit, before I defend you. Come & see me in Geneva, and we will talk. I will run forensic services like elliptic, chainalysis, or scorechain on an extract of your wallet. If this scan does not raise too many red flags, then maybe we can work together ! If you mixed your coins all along your crypto history, and shredded your seeds because you were paranoid, or if you made your wealth mining professionally monero over the last 3 years but never opened an account at an exchange. ¯_(ツ)_/¯ I am not a magician and don’t get me wrong, I love monero, it’s not the point.
Cashing out ICOs Private companies or foundations who have ran an ICO generally have a very hard time opening a bank account. The few banks that accept such projects would generally look at 4 criteria:
*Seriousness of the project Extensive study of the whitepaper to limit the reputation risk
*AML of the onboarding process ICOs 1.0 have no chance basically if a background check of the investors has not been conducted
*Structure of the moral entity List of signatories, certificate of incumbency, work contract, premises...
*Fiscal conformity Did the company informed the authorities and seek a fiscal ruling.
For the record, I am not into the tax avoidance business, so people come to me with a set up and I see if I can make it work within the legal framework imposed to me.
First, stop thinking Switzerland is a “offshore heaven” Swiss banks have made deals with many governments for the exchange of fiscal information. If you are a French citizen, resident in France and want to open an account in a Private Bank in Switzerland to cash out your bitcoins, you will get slaughtered (>60%). There are ways around that, and I could refer you to good tax specialists for fiscal optimization, but I cannot organize it myself. It would be illegal for me. Swiss private banks makes it easy for you to keep a good your relation with your retail bank and continue paying your bills without headaches. They are integrated to SEPA, provide ebanking and credit cards.
For information, these are the kind of set up some of my clients came up with. It’s all legal; obviously I do not onboard clients that are not tax compliant. Further disclaimer: I did not contribute myself to these set up. Do not ask me to organize it for you. I won’t.
EU tricks
Swiss lump sum taxation Foreign nationals resident in Switzerland can be taxed on a lump-sum basis if they are not gainfully employed in our country. Under the lump-sum tax regime, foreign nationals taking residence in Switzerland may choose to pay an expense-based tax instead of ordinary income and wealth tax. Attractive cantons for the lump sum taxation are Zug, Vaud, Valais, Grisons, Lucerne and Berne. To make it short, you will be paying somewhere between 200 and 400k a year and all expenses will be deductible.
Switzerland has adopted a very friendly attitude towards crypto currency in general. There is a whole crypto valley in Zug now. 30% of ICOs are operated in Switzerland. The reason is that Switzerland has thrived for centuries on banking secrecy, and today with FATCA and exchange of fiscal info with EU, banking secrecy is dead. Regulators in Switzerland have understood that digital ledger technologies were a way to roll over this competitive advantage for the generations to come. Switzerland does not tax capital gains on crypto profits. The Finma has a very pragmatic approach. They have issued guidance- updated guidelines here. They let the business get organized and operate their analysis on a case per case basis. Only after getting a deep understanding of the market will they issue a global fintech license in 2019. This approach is much more realistic than legislations which try to regulate everything beforehand.
Italy new tax exemption. It’s a brand new fiscal exemption. Go to Aoste, get residency and you could be taxed a 100k/year for 10years. Yes, really.
Portugal What’s crazy in Europe is the lack of fiscal harmonization. Even if no one in Brussels dares admit it, every other country is doing fiscal dumping. Portugal is such a country and has proved very friendly fiscally speaking. I personally have a hard time trusting Europe. I have witnessed what happened in Greece over the last few years. Some of our ultra high net worth clients got stuck with capital controls. I mean no way you got out of crypto to have your funds confiscated at the next financial crisis! Anyway. FYI
Malta Generally speaking, if you get a residence somewhere you have to live there for a certain period of time. Being stuck in Italy is no big deal with Schengen Agreement, but in Malta it is a different story. In Malta, the ordinary residence scheme is more attractive than the HNWI residence scheme. Being an individual, you can hold a residence permit under this scheme and pay zero income tax in Malta in a completely legal way.
Monaco Not suitable for French citizens, but for other Ultra High Net worth individual, Monaco is worth considering. You need an account at a local bank as a proof of fortune, and this account generally has to be seeded with at least EUR500k. You also need a proof of residence. I do mean UHNI because if you don’t cash out minimum 30m it’s not interesting. Everything is expensive in Monaco. Real Estate is EUR 50k per square meter. A breakfast at Monte Carlo Bay hotel is 70 EUR. Monaco is sunny but sometimes it feels like a golden jail. Do you really want that for your kids?
Dubaï
  1. Set up a company in Dubaï, get your resident card.
  2. Spend one day every 6 month there
  3. ???
  4. Be tax free
US tricks Some Private banks in Geneva do have the license to manage the assets of US persons and U.S citizens. However, do not think it is a way to avoid paying taxes in the US. Opening an account at an authorized Swiss Private banks is literally the same tax-wise as opening an account at Fidelity or at Bank of America in the US. The only difference is that you will avoid all the horror stories. Horror stories are all real by the way. In Switzerland, if you build a decent case and answer all the questions and corroborate your case in depth, you will manage to convince compliance officers beforehand. When the money eventually hits your account, it is actually available and not frozen.
The IRS and FATCA require to file FBAR if an offshore account is open. However FBAR is a reporting requirement and does not have taxes related to holding an account outside the US. The taxes would be the same if the account was in the US. However penalties for non compliance with FBAR are very large. The tax liability management is actually performed through the management of the assets ( for exemple by maximizing long term capital gains and minimizing short term gains).
The case for Porto Rico. Full disclaimer here. I am not encouraging this. Have not collaborated on such tax avoidance schemes. if you are interested I strongly encourage you to seek a tax advisor and get a legal opinion. I am not responsible for anything written below. I am not going to say much because I am so afraid of uncle Sam that I prefer to humbly pass the hot potato to pwc From here all it takes is a good advisor and some creativity to be tax free on your crypto wealth if you are a US person apparently. Please, please please don’t ask me more. And read the disclaimer again.
Trust tricks Generally speaking I do not accept fringe fiscal situation because it puts me in a difficult situation to the banks I work with, and it is already difficult enough to defend a legit crypto case. Trust might be a way to optimize your fiscal situation. Belize. Bahamas. Seychelles. Panama, You name it. At the end of the day, what matters for Swiss Banks are the beneficial owner and the settlor. Get a legal opinion, get it done, and when you eventually knock at a private bank’s door, don’t say it was for fiscal avoidance you stupid ! You will get the door smashed upon you. Be smarter. It will work. My advice is just to have it done by a great tax specialist lawyer, even if it costs you some money, as the entity itself needs to be structured in a professional way. Remember that with trust you are dispossessing yourself off your wealth. Not something to be taken lightly.
“Anonymous” cash out. Right. I think I am not going into this topic, neither expose the ways to get it done. Pm me for details. I already feel a bit uncomfortable with all the info I have provided. I am just going to mention many people fear that crypto exchange might become reporting entities soon, and rightly so. This might happen anyday. You have been warned. FYI, this only works for non-US and large cash out.
The difference between traders an investors. Danmark, Holland and Germany all make a huge difference if you are a passive investor or if you are a trader. ICO is considered investing for instance and is not taxed, while trading might be considered as income and charged aggressively. I would try my best to protect you and put a focus on your investor profile whenever possible, so you don't have to pay 52% tax if you do not have to :D
Full cash out or partial cash out? People who have been sitting on crypto for long have grown an emotional and irrational link with their coins. They come to me and say, look, I have 50m in crypto but I would like to cash out 500k only. So first let me tell you that as a wealth manager my advice to you is to take some off the table. Doing a partial cash out is absolutely fine. The market is bullish. We are witnessing a redistribution of wealth at a global scale. Bitcoin is the real #occupywallstreet, and every one will discuss crypto at Xmas eve which will make the market even more supportive beginning 2018, especially with all hedge funds entering the scene. If you want to stay exposed to bitcoin and altcoins, and believe these techs will change the world, it’s just natural you want to keep some coins. In the meantime, if you have lived off pizzas over the last years, and have the means to now buy yourself an nice house and have an account at a private bank, then f***ing do it mate ! Buy physical gold with this account, buy real estate, have some cash at hands. Even though US dollar is worthless to your eyes, it’s good and convenient to have some. Also remember your wife deserves it ! And if you have no wife yet and you are socially awkward like the rest of us, then maybe cashing out partially will help your situation ;)
What the Private Banks expect. Joke aside, it is important you understand something. If you come around in Zurich to open a bank account and partially cash out, just don’t expect Private Banks will make an exception for you if you are small. You can’t ask them to facilitate your cash out, buy a 1m apartment with the proceeds of the sale, and not leave anything on your current account. It won’t work. Sadly, under 5m you are considered small in private banking. The bank is ok to let you open an account, provided that your kyc and compliance file are validated, but they will also want you to become a client and leave some money there to invest. This might me despicable, but I am just explaining you their rules. If you want to cash out, you should sell enough to be comfortable and have some left. Also expect the account opening to last at least 3-4 week if everything goes well. You can't just open an account overnight.
The cash out logistics. Cashing out 1m USD a day in bitcoin or more is not so hard.
Let me just tell you this: Even if you get a Tier 4 account with Kraken and ask Alejandro there to raise your limit over $100k per day, Even if you have a bitfinex account and you are willing to expose your wealth there, Even if you have managed to pass all the crazy due diligence at Bitstamp,
The amount should be fractioned to avoid risking your full wealth on exchange and getting slaughtered on the price by trading big quantities. Cashing out involves significant risks at all time. There is a security risk of compromising your keys, a counterparty risk, a fat finger risk. Let it be done by professionals. It is worth every single penny.
Most importantly, there is a major difference between trading on an exchange and trading OTC. Even though it’s not publicly disclosed some exchange like Kraken do have OTC desks. Trading on an exchange for a large amount will weight on the prices. Bitcoin is a thin market. In my opinion over 30% of the coins are lost in translation forever. Selling $10m on an exchange in a day can weight on the prices more than you’d think. And if you trade on a exchange, everything is shown on record, and you might wipe out the prices because on exchanges like bitstamp or kraken ultimately your counterparties are retail investors and the market depth is not huge. It is a bit better on Bitfinex. It is way better to trade OTC. Accessing the institutional OTC market is not easy, and that is also the reason why you should ask a regulated financial intermediary if we are talking about huge amounts.
Last point, always chose EUR as opposed to USD. EU correspondent banks won’t generally block institutional amounts. However we had the cases of USD funds frozen or delayed by weeks.
Most well-known OTC desks are Cumberlandmining (ask for Lucas), Genesis (ask for Martin), Bitcoin Suisse AG (ask for Niklas), circletrade, B2C2, or Altcoinomy (ask for Olivier)
Very very large whales can also set up escrow accounts for massive block trades. This world, where blocks over 30k BTC are exchanged between 2 parties would deserve a reddit thread of its own. Crazyness all around.
Your options: DIY or going through a regulated financial intermediary.
Execution trading is a job in itself. You have to be patient, be careful not to wipe out the order book and place limit orders, monitor the market intraday for spikes or opportunities. At big levels, for a large cash out that may take weeks, these kind of details will save you hundred thousands of dollars. I understand crypto holders are suspicious and may prefer to do it by themselves, but there are regulated entities who now offer the services. Besides, being a crypto millionaire is not a guarantee you will get institutional daily withdrawal limits at exchange. You might, but it will take you another round of KYC with them, and surprisingly this round might be even more aggressive that the ones at Private banks since exchange have gone under intense scrutiny by regulators lately.
The fees for cashing out through a regulated financial intermediary to help you with your cash out should be around 1-2% flat on the nominal, not more. And for this price you should get the full package: execution/monitoring of the trades AND onboarding in a private bank. If you are asked more, you are being abused.
Of course, you also have the option to do it yourself. It is a way more tedious and risky process. Compliance with the exchange, compliance with the private bank, trading BTC/fiat, monitoring the transfers…You will save some money but it will take you some time and stress. Further, if you approach a private bank directly, it will trigger a series of red flag to the banks. As I said in my previous post, they call a direct approach a “walk-in”. They will be more suspicious than if you were introduced by someone and won’t hesitate to show you high fees and load your portfolio with in-house products that earn more money to the banks than to you. Remember also most banks still do not understand crypto so you will have a lot of explanations to provide and you will have to start form scratch with them!
The paradox of crypto millionaires Most of my clients who made their wealth through crypto all took massive amount of risks to end up where they are. However, most of them want their bank account to be managed with a low volatility fixed income capital preservation risk profile. This is a paradox I have a hard time to explain and I think it is mainly due to the fact that most are distrustful towards banks and financial markets in general. Many clients who have sold their crypto also have a cash-out blues in the first few months. This is a classic situation. The emotions involved in hodling for so long, the relief that everything has eventually gone well, the life-changing dynamics, the difficulties to find a new motivation in life…All these elements may trigger a post cash-out depression. It is another paradox of the crypto rich who has every card in his hand to be happy, but often feel a bit sad and lonely. Sometimes, even though it’s not my job, I had to do some psychological support. A lot of clients have also become my friends, because we have the same age and went through the same “ordeal”. First world problem I know… Remember, cashing out is not the end. It’s actually the beginning. Don’t look back, don’t regret. Cash out partially, because it does not make sense to cash out in full, regret it and want back in. relax.
The race to cash out crypto billionaire and the concept of late exiter. The Winklevoss brothers are obviously the first of a series. There will be crypto billionaires. Many of them. At a certain level you can have a whole family office working for you to manage your assets and take care of your needs . However, let me tell you it’s is not because you made it so big that you should think you are a genius and know everything better than anyone. You should hire professionals to help you. Managing assets require some education around the investment vehicles and risk management strategies. Sorry guys but with all the respect I have for wallstreebet, AMD and YOLO stock picking, some discipline is necessary. The investors who have made money through crypto are generally early adopters. However I have started to see another profile popping up. They are not early adopters. They are late exiters. It is another way but just as efficient. Last week I met the first crypto millionaire I know who first bough bitcoin over 1000$. 55k invested at the beginning of this year. Late adopter & late exiter is a route that can lead to the million.
Last remarks. I know banks, bankers, and FIAT currencies are so last century. I know some of you despise them and would like to have them burn to the ground. With compliance officers taking over the business, I would like to start the fire myself sometimes. I hope this extensive guide has helped some of you. I am around if you need more details. I love my job despite all my frustration towards the banking industry because it makes me meet interesting people on a daily basis. I am a crypto enthusiast myself, and I do think this tech is here to stay and will change the world. Banks will have to adapt big time. Things have started to change already; they understand the threat is real. I can feel the generational gap in Geneva, with all these old bankers who don’t get what’s going on. They glaze at the bitcoin chart on CNBC in disbelief and they start to get it. This bitcoin thing is not a joke. Deep inside, as an early adopter who also intends to be a late exiter, as a libertarian myself, it makes me smile with satisfaction.
Cheers. @swisspb on telegram
submitted by Swissprivatebanker to Bitcoin [link] [comments]

Cryptocurrency Mining History : Journey to PoC

Cryptocurrency just like any other technological development has given birth to many side industries and trends like ICO, white paper writing, and mining etc… just the cryptocurrency itself rises, falls and changes to adapt real life conditions, so does its side industries and trends. Today we are going to be focusing on mining. How it has risen, fell and adapted through the journey of cryptocurrency till date.
Without going into details crypto mining is the process by which new blocks are validated and added to the blockchain. It first took to main stream in January 2009 when the mysterious Satoshi Nakamoto launched the bitcoin white paper within which he/she/they proposed the first mining consensus mechanism called proof of work (Pow).
The PoW consensus mechanism required that one should spend a certain amount of computational power to solve a cryptographic problem (nounce) in other to have the have the right to pack/verify the next block on the blockchain. In this mechanism, the more computational power one possesses the more rights they have over the packing of the next block. The quest for faster hardware has seen significant changes in the types of hard ware dominating the PoW mining community.
Back in 2009 when bitcoin first started a normal pc and its processing power worked just fine. In fact a pc with an i7 Intel processor could mine up to 50btc per day but back then it almost nothing since btc was only some few cents. When the difficulty of the network became significantly high, simple computer processing units could not match the competitiveness and so miners settled for something more powerful, the high end graphic processors (GPU). This is when the era of rigs began It was in 2010. People would combine GPUs together in mining rigs on a mother board usually in order of 6 per rig some miners operated farms containing many of these rigs. Of course with greater power came greater network difficulty and so the search for faster hard ware let to implementation of Field Programmable Gate Arrays (FPGA) in June 2012. A further search for faster, less consuming and cheaper hard ware let us to where we are today. In the year 2013, Application Specific Integrated Circuits (ASIC) miners were introduced. One ASIC miner processes 1500H/s which is 100 times processing power of CPU and GPU. But all this speed and efficiency achievements brought about another problem one which touches the core of cryptocurrency itself. The idea of decentralization was gradually fading away as wealthy and big companies are the once who could afford and build the miners therefore centralizing mining around the rich, there was a called for ASIC resistant consensus mechanism.
A movement for ASIC resistant PoW algorithms began the idea is to make ASIC mining impossible or at least make it such that using ASIC doesn’t give a miner any additional advantage as to using CPU . In 2013 the MONERO the famous privacy coin proposed CryptoNight an ASIC resistant PoW consensus at least that is how they intended it to be. But things have proven much more difficult in practice than they had anticipated as ASIC producers keep matching up to every barrier put in place the PoW designers at a rate faster than it takes to build these barriers. MONERO for example has to fork every now and then in other to keep the CryptoNight ASIC resistant a trick which is still not working as reported by their CEO “We [also] saw that this was very unsustainable. … It takes a lot to keep [hard forking] again and again for one. For two, it may decentralize mining but it centralizes in another area. It centralizes on the developers because now there’s a lot of trust in developers to keep hard forking.” Another PoW ASIC resistance algorithm is the RamdonX and there are many others but could quickly imagine that the barriers to ASIC mining in these ASIC resistance algorithm would eventually be broken by the ASIC miners and so a total shift from PoW mining to other consensus mechanisms which are ASIC resistance from core were proposed some of which are in use today.
Entered the Proof of Stake (PoS) consensus mechanism. PoS was first introduced in 2013 by the PeerCoin team. Here, a validator’s right to mine is proportionate to his/heit economic value in the network simple put the more amounts of coins you have the more mining rights you get. Apart from PeerCoin, NEO and LISK also use POS and soon to follow is EThereum. There are different variations to PoS including but not limited to delegated proof of stake DPoS, masternode proof of stake MPoS each of which seek to improve on something in the POS. This is a very good ASIC resistance consensus mechanism but it still doesn’t solves the centralization problem as the rich always have the power to more coins and have more mining rights plus it is also expensive to start. And then we have gotten many other proposals to combat this among which are Proof of Weight (PoW) and Proof of Capacity (PoC). We take more interest in PoC it is the latest and gives the best solution to all our mining challenges consensus as of now.
Proof of Capacity was first was described 2013 in the Proofs of Space paper by Dziembowski, Faust, Kolmogorov and Pietrzak and it is now being used in Burst. The main factor that separates all the mining mechanisms is the resource used. These resources which miners spend in other to have mining rights is a measure of ensuring that one has expense a none-trivial amount of effort in making a statement. The resource being spent in PoC is disk space. This is less expensive since many people already have some unused space lying around and space is a cheap resource in the field of tech. it has no discrimination over topography… it really solves lots of centralized problems present in all most other consensus. If the future is now then one could say the future of crypto mining is PoC.
submitted by seekchain to u/seekchain [link] [comments]

Console gaming is hardly different from PC gaming, and much of what people say about PC gaming to put it above console gaming is often wrong.

I’m not sure about you, but for the past few years, I’ve been hearing people go on and on about PCs "superiority" to the console market. People cite various reasons why they believe gaming on a PC is “objectively” better than console gaming, often for reasons related to power, costs, ease-of-use, and freedom.
…Only problem: much of what they say is wrong.
There are many misconceptions being thrown about PC gaming vs Console gaming, that I believe need to be addressed. This isn’t about “PC gamers being wrong,” or “consoles being the best,” absolutely not. I just want to cut through some of the stuff people use to put down console gaming, and show that console gaming is incredibly similar to PC gaming. I mean, yes, this is someone who mainly games on console, but I also am getting a new PC that I will game on as well, not to mention the 30 PC games I already own and play. I’m not particularly partial to one over the other.
Now I will mainly be focusing on the PlayStation side of the consoles, because I know it best, but much of what I say will apply to Xbox as well. Just because I don’t point out many specific Xbox examples, doesn’t mean that they aren’t out there.

“PCs can use TVs and monitors.”

This one isn’t so much of a misconception as it is the implication of one, and overall just… confusing. This is in some articles and the pcmasterrace “why choose a PC” section, where they’re practically implying that consoles can’t do this. I mean, yes, as long as the ports of your PC match up with your screen(s) inputs, you could plug a PC into either… but you could do the same with a console, again, as long as the ports match up.
I’m guessing the idea here is that gaming monitors often use Displayport, as do most dedicated GPUs, and consoles are generally restricted to HDMI… But even so, monitors often have HDMI ports. In fact, PC Magazine has just released their list of the best gaming monitors of 2017, and every single one of them has an HDMI port. A PS4 can be plugged into these just as easily as a GTX 1080.
I mean, even if the monitoTV doesn’t have HDMI or AV to connect with your console, just use an adaptor. If you have a PC with ports that doesn’t match your monitoTV… use an adapter. I don’t know what the point of this argument is, but it’s made a worrying amount of times.

“On PC, you have a wide range of controller options, but on console you’re stuck with the standard controller."

Are you on PlayStation and wish you could use a specific type of controller that suits your favorite kind of gameplay? Despite what some may believe, you have just as many options as PC.
Want to play fighting games with a classic arcade-style board, featuring the buttons and joystick? Here you go!
Want to get serious about racing and get something more accurate and immersive than a controller? Got you covered.
Absolutely crazy about flying games and, like the racers, want something better than a controller? Enjoy!
Want Wii-style motion controls? Been around since the PS3. If you prefer the form factor of the Xbox One controller but you own a PS4, Hori’s got you covered. And of course, if keyboard and mouse it what keeps you on PC, there’s a PlayStation compatible solution for that. Want to use the keyboard and mouse that you already own? Where there’s a will, there’s a way.
Of course, these aren’t isolated examples, there are plenty of options for each of these kind of controllers. You don’t have to be on PC to enjoy alternate controllers.

“On PC you could use Steam Link to play anywhere in your house and share games with others.”

PS4 Remote play app on PC/Mac, PSTV, and PS Vita.
PS Family Sharing.
Using the same PSN account on multiple PS4s/Xbox Ones and PS3s/360s, or using multiple accounts on the same console.
In fact, if multiple users are on the same PS4, only one has to buy the game for both users to play it on that one PS4. On top of that, only one of them has to have PS Plus for both to play online (if the one with PS Plus registers the PS4 as their main system).
PS4 Share Play; if two people on separate PS4s want to play a game together that only one of them owns, they can join a Party and the owner of the game can have their friend play with them in the game.
Need I say more?

“Gaming is more expensive on console.”

Part one, the Software
This is one that I find… genuinely surprising. There’s been a few times I’ve mentioned that part of the reason I chose a PS4 is for budget gaming, only to told that “games are cheaper on Steam.” To be fair, there are a few games on PSN/XBL that are more expensive than they are on Steam, so I can see how someone could believe this… but apparently they forgot about disks.
Dirt Rally, a hardcore racing sim game that’s… still $60 on all 3 platforms digitally… even though its successor is out.
So does this mean you have to pay full retail for this racing experience? Nope, because disk prices.
Just Cause 3, an insane open-world experience that could essentially be summed up as “break stuff, screw physics.” And it’s a good example of where the Steam price is lower than PSN and XBL:
Not by much, but still cheaper on Steam, so cheaper on PC… Until you look at the disk prices.
See my point? Often times the game is cheaper on console because of the disk alternative that’s available for practically every console-available game. Even when the game is brand new.
Dirt 4 - Remember that Dirt Rally successor I mentioned?
Yes, you could either buy this relatively new game digitally for $60, or just pick up the disk for a discounted price. And again, this is for a game that came out 2 months ago, and even it’s predecessor’s digital cost is locked at $60. Of course, I’m not going to ignore the fact that Dirt 4 is currently (as of writing this) discounted on Steam, but on PSN it also happens to be discounted for about the same amount.
Part 2: the Subscription
Now… let’s not ignore the elephant in the room: PS Plus and Xbox Gold. Now these would be ignorable, if they weren’t required for online play (on the PlayStation side, it’s only required for PS4, but still). So yes, it’s still something that will be included in the cost of your PS4 or Xbox One/360, assuming you play online. Bummer, right?
Here’s the thing, although that’s the case, although you have to factor in this $60 cost with your console, you can make it balance out, at worst, and make it work out for you as a budget gamer, at best. As nice as it would be to not have to deal with the price if you don’t want to, it’s not like it’s a problem if you use it correctly.
Imagine going to a new restaurant. This restaurant has some meals that you can’t get anywhere else, and fair prices compared to competitors. Only problem: you have to pay a membership fee to have the sides. Now you can have the main course, sit down and enjoy your steak or pasta, but if you want to have a side to have a full meal, you have to pay an annual fee.
Sounds shitty, right? But here’s the thing: not only does this membership allow you to have sides with your meal, but it also allows you to eat two meals for free every month, and also gives you exclusive discounts for other meals, drinks, and desserts.
Let’s look at PS Plus for a minute: for $60 per year, you get:
  • 2 free PS4 games, every month
  • 2 free PS3 games, every month
  • 1 PS4/PS3 and Vita compatible game, and 1 Vita-only game, every month
  • Exclusive/Extended discounts, especially during the weekly/seasonal sales (though you don’t need PS Plus to get sales, PS Plus members get to enjoy the best sales)
  • access to online multiplayer
So yes, you’re paying extra because of that membership, but what you get with that deal pays for it and then some. In fact, let’s ignore the discounts for a minute: you get 24 free PS4 games, 24 free PS3 games, and 12 Vita only + 12 Vita compatible games, up to 72 free games every year. Even if you only one of these consoles, that’s still 24 free games a year. Sure, maybe you get games for the month that you don’t like, then just wait until next month.
In fact, let’s look at Just Cause 3 again. It was free for PS Plus members in August, which is a pretty big deal. Why is this significant? Because it’s, again, a $60 digital game. That means with this one download, you’ve balanced out your $60 annual fee. Meaning? Every free game after that is money saved, every discount after that is money saved. And this is a trend: every year, PS Plus will release a game that balances out the entire service cost, then another 23 more that will only add icing to that budget cake. Though, you could just count games as paying off PS Plus until you hit $60 in savings, but still.
All in all, PS Plus, and Xbox Gold which offers similar options, saves you money. On top of that, again, you don't need to have these to get discounts, but with these memberships, you get more discounts.
Now, I’ve seen a few Steam games go up for free for a week, but what about being free for an entire month? Not to mention that; even if you want to talk about Steam Summer Sales, what about the PSN summer sale, or again, disc sale discounts? Now a lot of research and math would be needed to see if every console gamer would save money compared to every Steam gamer for the same games, but at the very least? The costs will balance out, at worst.
Part 3, the Systems
  • Xbox and PS2: $299
  • Xbox 360 and PS3: $299 and $499, respectively
  • Xbox One and PS4: $499 and $399, respectively.
Rounded up a few dollars, that’s $1,000 - $1,300 in day-one consoles, just to keep up with the games! Crazy right? So called budget systems, such a rip-off.
Well, keep in mind that the generations here aren’t short.
The 6th generation, from the launch of the PS2 to the launch of the next generation consoles, lasted 5 years, 6 years based on the launch of the PS3 (though you could say it was 9 or 14, since the Xbox wasn’t discontinued until 2009, and the PS2 was supported all the way to 2014, a year after the PS4 was released). The 7th gen lasted 7 - 8 years, again depending on whether you count the launch of the Xbox 360 to PS3. The 8th gen so far has lasted 4 years. That’s 17 years that the console money is spread over. If you had a Netflix subscription for it’s original $8 monthly plan for that amount of time, that would be over $1,600 total.
And let’s be fair here, just like you could upgrade your PC hardware whenever you wanted, you didn’t have to get a console from launch. Let’s look at PlayStation again for example: In 2002, only two years after its release, the PS2 retail price was cut from $300 to $200. The PS3 Slim, released 3 years after the original, was $300, $100-$200 lower than the retail cost. The PS4? You could’ve either gotten the Uncharted bundle for $350, or one of the PS4 Slim bundles for $250. This all brings it down to $750 - $850, which again, is spread over a decade and a half. This isn’t even counting used consoles, sales, or the further price cuts that I didn’t mention.
Even if that still sounds like a lot of money to you, even if you’re laughing at the thought of buying new systems every several years, because your PC “is never obsolete,” tell me: how many parts have you changed out in your PC over the years? How many GPUs have you been through? CPUs? Motherboards? RAM sticks, monitors, keyboards, mice, CPU coolers, hard drives— that adds up. You don’t need to replace your entire system to spend a lot of money on hardware.
Even if you weren’t upgrading for the sake of upgrading, I’d be amazed if the hardware you’ve been pushing by gaming would last for about 1/3 of that 17 year period. Computer parts aren’t designed to last forever, and really won’t when you’re pushing them with intensive gaming for hours upon hours. Generally speaking, your components might last you 6-8 years, if you’ve got the high-end stuff. But let’s assume you bought a system 17 years ago that was a beast for it’s time, something so powerful, that even if it’s parts have degraded over time, it’s still going strong. Problem is: you will have to upgrade something eventually.
Even if you’ve managed to get this far into the gaming realm with the same 17 year old hardware, I’m betting you didn’t do it with a 17 year Operating System. How much did Windows 7 cost you? Or 8.1? Or 10? Oh, and don’t think you can skirt the cost by getting a pre-built system, the cost of Windows is embedded into the cost of the machine (why else would Microsoft allow their OS to go on so many machines).
Sure, Windows 10 was a free upgrade for a year, but that’s only half of it’s lifetime— You can’t get it for free now, and not for the past year. On top of that, the free period was an upgrade; you had to pay for 7 or 8 first anyway.
Point is, as much as one would like to say that they didn’t need to buy a new system every so often for the sake of gaming, that doesn’t mean they haven’t been paying for hardware, and even if they’ve only been PC gaming recently, you’ll be spending money on hardware soon enough.

“PC is leading the VR—“

Let me stop you right there.
If you add together the total number of Oculus Rifts and HTC Vives sold to this day, and threw in another 100,000 just for the sake of it, that number would still be under the number of PSVR headsets sold.
Why could this possibly be? Well, for a simple reason: affordability. The systems needed to run the PC headsets costs $800+, and the headsets are $500 - $600, when discounted. PSVR on the other hand costs $450 for the full bundle (headset, camera, and move controllers, with a demo disc thrown in), and can be played on either a $250 - $300 console, or a $400 console, the latter recommended. Even if you want to say that the Vive and Rift are more refined, a full PSVR set, system and all, could cost just over $100 more than a Vive headset alone.
If anything, PC isn’t leading the VR gaming market, the PS4 is. It’s the system bringing VR to the most consumers, showing them what the future of gaming could look like. Not to mention that as the PlayStation line grows more powerful (4.2 TFLOP PS4 Pro, 10 TFLOP “PS5…”), it won’t be long until the PlayStation line can use the same VR games as PC.
Either way, this shows that there is a console equivalent to the PC VR options. Sure, there are some games you'd only be able to play on PC, but there are also some games you'd only be able to play on PSVR.
…Though to be fair, if we’re talking about VR in general, these headsets don’t even hold a candle to, surprisingly, Gear VR.

“If it wasn’t for consoles holding devs back, then they would be able to make higher quality games.”

This one is based on the idea that because of how “low spec” consoles are, that when a developer has to take them in mind, then they can’t design the game to be nearly as good as it would be otherwise. I mean, have you ever seen the minimum specs for games on Steam?
GTA V
  • CPU: Intel Core 2 Quad CPU Q6600 @ 2.40GHz (4 CPUs) / AMD Phenom 9850 Quad-Core Processor (4 CPUs) @ 2.5GHz
  • Memory: 4 GB RAM
  • GPU: NVIDIA 9800 GT 1GB / AMD HD 4870 1GB (DX 10, 10.1, 11)
Just Cause 3
  • CPU: Intel Core i5-2500k, 3.3GHz / AMD Phenom II X6 1075T 3GHz
  • Memory: 8 GB RAM
  • GPU: NVIDIA GeForce GTX 670 (2GB) / AMD Radeon HD 7870 (2GB)
Fallout 4
  • CPU: Intel Core i5-2300 2.8 GHz/AMD Phenom II X4 945 3.0 GHz or equivalent
  • Memory: 8 GB RAM
  • GPU: NVIDIA GTX 550 Ti 2GB/AMD Radeon HD 7870 2GB or equivalent
Overwatch
  • CPU: Intel Core i3 or AMD Phenom™ X3 8650
  • Memory: 4 GB RAM
  • GPU: NVIDIA® GeForce® GTX 460, ATI Radeon™ HD 4850, or Intel® HD Graphics 4400
Witcher 3
  • Processor: Intel CPU Core i5-2500K 3.3GHz / AMD CPU Phenom II X4 940
  • Memory: 6 GB RAM
  • Graphics: Nvidia GPU GeForce GTX 660 / AMD GPU Radeon HD 7870
Actually, bump up all the memory requirements to 8 GBs, and those are some decent specs, relatively speaking. And keep in mind these are the minimum specs to even open the games. It’s almost as if the devs didn’t worry about console specs when making a PC version of the game, because this version of the game isn’t on console. Or maybe even that the consoles aren’t holding the games back that much because they’re not that weak. Just a hypothesis.
But I mean, the devs are still ooobviously having to take weak consoles into mind right? They could make their games sooo much more powerful if they were PC only, right? Right?
No. Not even close.
iRacing
  • CPU: Intel Core i3, i5, i7 or better or AMD Bulldozer or better
  • Memory: 8 GB RAM
  • GPU: NVidia GeForce 2xx series or better, 1GB+ dedicated video memory / AMD 5xxx series or better, 1GB+ dedicated video memory
Playerunknown’s Battlegrounds
  • CPU: Intel Core i3-4340 / AMD FX-6300
  • Memory: 6 GB RAM
  • GPU: nVidia GeForce GTX 660 2GB / AMD Radeon HD 7850 2GB
These are PC only games. That’s right, no consoles to hold them back, they don’t have to worry about whether an Xbox One could handle it. Yet, they don’t require anything more than the Multiplatform games.
Subnautica
  • CPU: Intel Haswell 2 cores / 4 threads @ 2.5Ghz or equivalent
  • Memory: 4GB
  • GPU: Intel HD 4600 or equivalent - This includes most GPUs scoring greater than 950pts in the 3DMark Fire Strike benchmark
Rust
  • CPU: 2 ghz
  • Memory: 8 GB RAM
  • DirectX: Version 11 (they don’t even list a GPU)
So what’s the deal? Theoretically, if developers don’t have to worry about console specs, then why aren’t they going all-out and making games that no console could even dream of supporting?
Low-end PCs.
What, did you think people only game on Steam if they spent at least $500 on gaming hardware? Not all PC gamers have gaming-PC specs, and if devs close their games out to players who don’t have the strongest of PCs, then they’d be losing out on a pretty sizable chunk of their potential buyers.
Saying “devs having to deal with consoles is holding gaming back” is like saying “racing teams having to deal with Ford is holding GT racing back.” A: racing teams don’t have to deal with Ford if they don’t want to, which is probably why many of them don’t, and B: even though Ford doesn’t make the fastest cars overall, they still manage to make cars that are awesome on their own, they don’t even need to be compared to anything else to know that they make good cars.
I want to go back to that previous point though, developers having to deal with low-end PCs, because it’s integral to the next point:

“PCs are more powerful, gaming on PC provides a better experience.”

This one isn’t so much of a misconception as it is… misleading.
Did you know that according to the Steam Hardware & Software Survey (July 2017) , the percentage of Steam gamers who use a GPU that's less powerful than that of a PS4 Slim’s GPU is well over 50%? Things get dismal when compared to the PS4 Pro (Or Xbox One X). On top of that, the percentage of PC gamers who own a Nvidia 10 series card is about 20% (about 15% for the 1060, 1080 and 1070 owners).
Now to be fair, the large majority of gamers have CPUs with considerably high clock speeds, which is the main factor in CPU gaming performance. But, the number of Steam gamers with as much RAM or more than a PS4 or Xbox One is less than 50%, which can really bottleneck what those CPUs can handle.
These numbers are hardly better than they were in 2013, all things considered. Sure, a PS3/360 weeps in the face of even a $400 PC, but in this day in age, consoles have definitely caught up.
Sure, we could mention the fact that even 1% of Steam accounts represents over 1 million accounts, but that doesn’t really matter compared to the 10s of millions of 8th gen consoles sold; looking at it that way, sure the number of Nvidia 10 series owners is over 20 million, but that ignores the fact that there are over 5 times more 8th gen consoles sold than that.
Basically, even though PCs run on a spectrum, saying they're more powerful “on average” is actually wrong. Sure, they have the potential for being more powerful, but most of the time, people aren’t willing to pay the premium to reach those extra bits of performance.
Now why is this important? What matters are the people who spent the premium cost for premium parts, right? Because of the previous point: PCs don’t have some ubiquitous quality over the consoles, developers will always have to keep low-end PCs in mind, because not even half of all PC players can afford the good stuff, and you have to look at the top quarter of Steam players before you get to PS4-Pro-level specs. If every Steam player were to get a PS4 Pro, it would be an upgrade for over 60% of them, and 70% of them would be getting an upgrade with the Xbox One X.
Sure, you could still make the argument that when you pay more for PC parts, you get a better experience than you could with a console. We can argue all day about budget PCs, but a console can’t match up to a $1,000 PC build. It’s the same as paying more for car parts, in the end you get a better car. However, there is a certain problem with that…

“You pay a little more for a PC, you get much more quality.”

The idea here is that the more you pay for PC parts, the performance increases at a faster rate than the price does. Problem: that’s not how technology works. Paying twice as much doesn’t get you twice the quality the majority of the time.
For example, let’s look at graphics cards, specifically the GeForce 10 series cards, starting with the GTX 1050.
  • 1.8 TFLOP
  • 1.35 GHz base clock
  • 2 GB VRAM
  • $110
This is our reference, our basis of comparison. Any percentages will be based on the 1050’s specs.
Now let’s look at the GTX 1050 Ti, the 1050’s older brother.
  • 2.1 TFLOP
  • 1.29 GHz base clock
  • 4 GB VRAM
  • $140 retail
This is pretty good. You only increase the price by about 27%, and you get an 11% increase in floating point speed and a 100% increase (double) in VRAM. Sure you get a slightly lower base clock, but the rest definitely makes up for it. In fact, according to GPU boss, the Ti managed 66 fps, or a 22% increase in frame rate for Battlefield 4, and a 54% increase in mHash/second in bitcoin mining. The cost increase is worth it, for the most part.
But let’s get to the real meat of it; what happens when we double our budget? Surely we should see a massive increase performance, I bet some of you are willing to bet that twice the cost means more than twice the performance.
The closest price comparison for double the cost is the GTX 1060 (3 GB), so let’s get a look at that.
  • 3.0 TFLOP
  • 1.5 GHz base clock
  • 3 GB VRAM
  • $200 retail
Well… not substantial, I’d say. About a 50% increase in floating point speed, an 11% increase in base clock speed, and a 1GB decrease in VRAM. For [almost] doubling the price, you don’t get much.
Well surely raw specs don’t tell the full story, right? Well, let’s look at some real wold comparisons. Once again, according to GPU Boss, there’s a 138% increase in hashes/second for bitcoin mining, and at 99 fps, an 83% frame rate increase in Battlefield 4. Well, then, raw specs does not tell the whole story!
Here’s another one, the 1060’s big brother… or, well, slightly-more-developed twin.
  • 3.9 TFLOP
  • 1.5 GHz base clock
  • 6 GB VRAM
  • $250 retail
Seems reasonable, another $50 for a decent jump in power and double the memory! But, as we’ve learned, we shouldn’t look at the specs for the full story.
I did do a GPU Boss comparison, but for the BF4 frame rate, I had to look at Tom’s Hardware (sorry miners, GPU boss didn’t cover the mHash/sec spec either). What’s the verdict? Well, pretty good, I’d say. With 97 FPS, a 79% increase over the 1050— wait. 97? That seems too low… I mean, the 3GB version got 99.
Well, let’s see what Tech Power Up has to say...
94.3 fps. 74% increase. Huh.
Alright alright, maybe that was just a dud. We can gloss over that I guess. Ok, one more, but let’s go for the big fish: the GTX 1080.
  • 9.0 TFLOP
  • 1.6 GHz base clock
  • 8 GB VRAM
  • $500 retail
That jump in floating point speed definitely has to be something, and 4 times the VRAM? Sure it’s 5 times the price, but as we saw, raw power doesn’t always tell the full story. GPU Boss returns to give us the run down, how do these cards compare in the real world?
Well… a 222% (over three-fold) increase in mHash speed, and a 218% increase in FPS for Battlefield 4. That’s right, for 5 times the cost, you get 3 times the performance. Truly, the raw specs don’t tell the full story.
You increase the cost by 27%, you increase frame rate in our example game by 22%. You increase the cost by 83%, you increase the frame rate by 83%. Sounds good, but if you increase the cost by 129%, and you get a 79% (-50% cost/power increase) increase in frame rate. You increase it by 358%, and you increase the frame rate by 218% (-140% cost/power increase). That’s not paying “more for much more power,” that’s a steep drop-off after the third cheapest option.
In fact, did you know that you have to get to the 1060 (6GB) before you could compare the GTX line to a PS4 Pro? Not to mention that at $250, the price of a 1060 (6GB) you could get an entire PS4 Slim bundle, or that you have to get to the 1070 before you beat the Xbox One X.
On another note, let’s look at a PS4 Slim…
  • 1.84 TFLOP
  • 800 MHz base clock
  • 8 GB VRAM
  • $300 retail
…Versus a PS4 Pro.
  • 4.2 TFLOP
  • 911 MHz base clock
  • 8 GB VRAM
  • $400 retail
128% increase in floating point speed, 13% increase in clock speed, for a 25% difference in cost. Unfortunately there is no Battlefield 4 comparison to make, but in BF1, the frame rate is doubled (30 fps to 60) and the textures are taken to 11. For what that looks like, I’ll leave it up to this bloke. Not to even mention that you can even get the texture buffs in 4K. Just like how you get a decent increase in performance based on price for the lower-cost GPUs, the same applies here.
It’s even worse when you look at the CPU for a gaming PC. The more money you spend, again, the less of a benefit you get per dollar. Hardware Unboxed covers this in a video comparing different levels of Intel CPUs. One thing to note is that the highest i7 option (6700K) in this video was almost always within 10 FPS (though for a few games, 15 FPS) of a certain CPU in that list for just about all of the games.
…That CPU was the lowest i3 (6100) option. The lowest i3 was $117 and the highest i7 was $339, a 189% price difference for what was, on average, a 30% or less difference in frame rate. Even the lowest Pentium option (G4400, $63) was often able to keep up with the i7.
The CPU and GPU are usually the most expensive and power-consuming parts of a build, which is why I focused on them (other than the fact that they’re the two most important parts of a gaming PC, outside of RAM). With both, this “pay more to get much more performance” idea is pretty much the inverse of the truth.

“The console giants are bad for game developers, Steam doesn't treat developers as bad as Microsoft or especially Sony.”

Now one thing you might’ve heard is that the PS3 was incredibly difficult for developers to make games for, which for some, fueled the idea that console hardware is difficult too develop on compared to PC… but this ignores a very basic idea that we’ve already touched on: if the devs don’t want to make the game compatible with a system, they don’t have to. In fact, this is why Left 4 Dead and other Valve games aren’t on PS3, because they didn’t want to work with it’s hardware, calling it “too complex.” This didn’t stop the game from selling well over 10 million units worldwide. If anything, this was a problem for the PS3, not the dev team.
This also ignores that games like LittleBigPlanet, Grand Theft Auto IV, and Metal Gear Solid 4 all came out in the same year as Left 4 Dead (2008) on PS3. Apparently, plenty of other dev teams didn’t have much of a problem with the PS3’s hardware, or at the very least, they got used to it soon enough.
On top of that, when developing the 8th gen consoles, both Sony and Microsoft sought to use CPUs that were easier for developers, which included making decisions that considered apps for the consoles’ usage for more than gaming. On top of that, using their single-chip proprietary CPUs is cheaper and more energy efficient than buying pre-made CPUs and boards, which is far better of a reason for using them than some conspiracy about Sony and MS trying to make devs' lives harder.
Now, console exclusives are apparently a point of contention: it’s often said that exclusive can cause developers to go bankrupt. However, exclusivity doesn’t have to be a bad thing for the developer. For example, when Media Molecule had to pitch their game to a publisher (Sony, coincidentally), they didn’t end up being tied into something detrimental to them.
Their initial funding lasted for 6 months. From then, Sony offered additional funding, in exchange for Console Exclusivity. This may sound concerning to some, but the game ended up going on to sell almost 6 million units worldwide and launched Media Molecule into the gaming limelight. Sony later bought the development studio, but 1: this was in 2010, two years after LittleBigPlanet’s release, and 2: Media Molecule seem pretty happy about it to this day. If anything, signing up with Sony was one of the best things they could’ve done, in their opinion.
Does this sound like a company that has it out for developers? There are plenty of examples that people will use to put Valve in a good light, but even Sony is comparatively good to developers.

“There are more PC gamers.”

The total number of active PC gamers on Steam has surpassed 120 million, which is impressive, especially considering that this number is double that of 2013’s figure (65 million). But the number of monthly active users on Xbox Live and PSN? About 120 million (1, 2) total. EDIT: You could argue that this isn't an apples-to-apples comparison, sure, so if you want to, say, compare the monthly number of Steam users to console? Steam has about half of what consoles do, at 67 million.
Now, back to the 65 million total user figure for Steam, the best I could find for reference for PlayStation's number was an article giving the number of registered PSN accounts in 2013, 150 million. In a similar 4-year period (2009 - 2013), the number of registered PSN accounts didn’t double, it sextupled, or increased by 6 fold. Considering how the PS4 is already at 2/3 of the number of sales the PS3 had, even though it’s currently 3 years younger than its predecessor, I’m sure this trend is at least generally consistent.
For example, let’s look at DOOM 2016, an awesome faced-paced shooting title with graphics galore… Of course, on a single platform, it sold best on PC/Steam. 2.36 million Steam sales, 2.05 million PS4 sales, 1.01 million Xbox One sales.
But keep in mind… when you add the consoles sales together, you get over 3 million sales on the 8th gen systems. Meaning: this game was best sold on console. In fact, the Steam sales have only recently surpassed the PS4 sales. By the way VG charts only shows sales for physical copies of the games, so the number of PS4 and Xbox sales, when digital sales are included, are even higher than 3 million.
This isn’t uncommon, by the way.
Even with the games were the PC sales are higher than either of the consoles, there generally are more console sales total. But, to be fair, this isn’t anything new. The number of PC gamers hasn’t dominated the market, the percentages have always been about this much. PC can end up being the largest single platform for games, but consoles usually sell more copies total.
EDIT: There were other examples but... Reddit has a 40,000-character limit.

"Modding is only on PC."

Xbox One is already working on it, and Bethesda is helping with that.
PS4 isn't far behind either. You could argue that these are what would be the beta stages of modding, but that just means modding on consoles will only grow.

What’s the Point?

This isn’t to say that there’s anything wrong with PC gaming, and this isn’t to exalt consoles. I’m not here to be the hipster defending the little guy, nor to be the one to try to put down someone/thing out of spite. This is about showing that PCs and consoles are overall pretty similar because there isn’t much dividing them, and that there isn’t anything wrong with being a console gamer. There isn’t some chasm separating consoles and PCs, at the end of the day they’re both computers that are (generally) designed for gaming. This about unity as gamers, to try to show that there shouldn’t be a massive divide just because of the computer system you game on. I want gamers to be in an environment where specs don't separate us; whether you got a $250 PS4 Slim or just built a $2,500 gaming PC, we’re here to game and should be able to have healthy interactions regardless of your platform.
I’m well aware that this isn’t going to fix… much, but this needs to be said: there isn’t a huge divide between the PC and consoles, they’re far more similar than people think. There are upsides and downsides that one has that the other doesn’t on both sides. There’s so much more I could touch on, like how you could use SSDs or 3.5 inch hard drives with both, or that even though PC part prices go down over time, so do consoles, but I just wanted to touch on the main points people try to use to needlessly separate the two kinds of systems (looking at you PCMR) and correct them, to get the point across.
I thank anyone who takes the time to read all of this, and especially anyone who doesn’t take what I say out of context. I also want to note that, again, this isn’tanti-PC gamer.” If it were up to me, everyone would be a hybrid gamer.
Cheers.
submitted by WhyyyCantWeBeFriends to unpopularopinion [link] [comments]

wooden mining rig frame build bitcoin How To Build Litecoin Mining Rig! Intro To Building Profitable Mining Rigs - Part 1 How to build a Mining Rig on a Budget How to Build a 13 GPU Mining Rig With 7 1080 Ti & 6 Rx 580 on a ASRock H110 Pro BTC Ethereum PART 4

This is tagged as “Bitcoin Mining.” Let me start there; if you built a $1000 computer, you’d be able to make about $0.10 in your first year, assuming the difficulty doesn’t go up (it will). So leave Bitcoin mining to the ASICs. Mining in general t... (These machines were built in the summer of 2011) When I last wrote about Bitcoin, building a mining rig was a very good idea.Today, not so much (depending on how cheaply you can build, whether you have unused hardware you can put to use and how expensive your electricity bill is). I am currently using this as a Dogecoin mining rig. Also, the hardware errors you see at the end of the video has been completely fixed by using Thread Concurrency at 8192. I currently get ZERO hardware errors) I am back with another crypto currency mining project. Today we will build a dedicated Litecoin mining rig. But for the sophisticated digital-currency investor, there's a whole other world of Bitcoin speculation: the Bitcoin mining rig. Like the currency itself, this strangely lucrative game is heating 0xBitcoin is unique ERC20 token. ERC20 tokens, are tokens that run on top of the Ethereum network, and are stored in a Ethereum ERC20 compatible wallet. 0xBitcoin is a token that has the same supply and mining algorithm as Bitcoin.It also is one of the only ERC20 tokens that uses Proof of work.To sum it up, 0xBitcoin is a Bitcoin like token, that works with Ethereum smart contracts, because it

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wooden mining rig frame build bitcoin

Published on Dec 10, 2013 Here's a step-by-step video tutorial on how to make a litecoin mining rig that also can double as a gaming PC with 3 Radeon R9 290X graphic cards and a gaming PC case. H110 Pro BTC+ is specifically designed for crypto mining, the revolutionary digital crypto-currency that may be used anywhere in the world. The 13 onboard PCIe slots guarantee fast GPU mining ... Here is a in depth video of my mining rig I built to mine Ethereum and Bitcoin (nicehash) recently. It was actually pretty simple being a first time rig build for me. If you need help ask ... In this video I will show you the essential components required to assemble a bitcoin mining rig and how to go about it. Donations welcome ... Live Episode #42 INSANE 13x 1080Ti Build mining rig Bitcoin Hardfork, now what? - Duration: 2:53:49. Bits Be Trippin' 41,184 views. 2:53:49. How to Build a PC!

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