pendragon1
Extremely [H]
- Joined
- Oct 7, 2000
- Messages
- 52,226
and then they brag about doing nothing and making money as if its something to be proud of.
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plenty of those half brain people still doing it, they dont know better and want a get rich quick scheme.
I don't buy it. Not for a second.
If I were running industrial-level mining farms I'd look to a place with lower energy prices, lower costs of incorporation, less regulation, and easier-to-influence authorities.
The United States isn't looking like a crypto currency safe haven. You'd think they'd be headed to Iceland or Finland, or even Russia. Not the US.
yeah there are and no im not. stupid people are. thanks tip, i knew that. people that see it in the news and online jumping on the bandwagon are the ones that dont know any better. we have students trying to mine btc on our school equipment, its the idiots....No they aren't. You're conflating different crypto (in this case ETH and BTC) because either you don't know any better or you're just being obtuse. NOBODY is mining bitcoin with GPUs who then claims to be turning a profit. In fact, I don't know if there's even a program still available and functional with current pools to mine bitcoin with GPUs. Getting paid in BTC to mine for something else (usually ETH) with their GPU is different than mining bitcoin.
yeah there are and no im not. stupid people are. thanks tip, i knew that. people that see it in the news and online jumping on the bandwagon are the ones that dont know any better. we have students trying to mine btc on our school equipment, its the idiots....
but as someone pointed out, this is all off topic.
on topic: chinese miners can piss off
And increasingly, miners are decamping for places like Texas, South Dakota or Canada
Well first you'd have to get Congress to agree bitcoin mining, which is something nations probably want to see die, is a form of commerce.I shall introduce to you the Commerce Clause and Wickard v. Filburn.
That's the US gov manipulating people to justify regulation and blame inflation on something other than the massive money printing they are doing.The ransomeware 'pay us in bitcoin' thing has pissed off a lot of people with lots of resources.
More like moving from Communism to pre-Communism. US is becoming really not all that much different from China. We just haven't (officially) installed social tracking. Have you seen news on Microsoft lately? Work in process.Leaving a corrupt, soulless nation ruled by sociopathic military leaders to go to a corrupt, soulless nation ruled by sociopathic banksters?
RIP.
Texas as horrible as the power was portrayed in the news last winter, has allowed customers to get disgustingly cheap rates at times and lock them in for a year at a shot.Interesting. I knew the Dakotas and Canada but was really skeptical about Texas.
I can’t speak towards the legitimacy of the article, but I can confirm my pricing on GPU’s has returned to an almost MSRP place. The prices I’m getting are about $100 higher than they should be, but that’s a far cry better than before.
Well first you'd have to get Congress to agree bitcoin mining, which is something nations probably want to see die, is a form of commerce.
Texas as horrible as the power was portrayed in the news last winter, has allowed customers to get disgustingly cheap rates at times and lock them in for a year at a shot.
There's always Amway or Talk Fusion.... (or brothel, etc...)Make $14,000 a month and never leave the house!
Seanix and Ingrammicro mostly.Where are you shopping? I looked on ebay and the 3080 still seems to be massively scalped with the cheapest recent sale being $1725/
And they just made the news again last week for rolling blackouts due to power demand and infrastructure issues. They can promise whatever rate they want. If you can’t get the service to begin with, it won’t matter.Texas as horrible as the power was portrayed in the news last winter, has allowed customers to get disgustingly cheap rates at times and lock them in for a year at a shot.
There were no rolling blackouts in Texas last week. There wasn’t even a chance of it. There was an OCN, the equivalent of which happens in all three Interconnections many times every year.And they just made the news again last week for rolling blackouts due to power demand and infrastructure issues. They can promise whatever rate they want. If you can’t get the service to begin with, it won’t matter.
it wouldn't be any more authoritarian than regulating banks, sanctions etc. I think something like trade/currencies allowed would fall well within their right to manage.Step down? It'd be kind of ... authoritarian ... of a government to ban currencies. Sanctions and embargoes are one thing. Outright criminalizing currency is freaky-deaky.
*edit* regardless, this isnt the time for power to be out for anyone.There were no rolling blackouts in Texas last week. There wasn’t even a chance of it. There was an OCN, the equivalent of which happens in all three Interconnections many times every year.
They're going to horde all of the video cards in the U.S. market. I guess I'll be stuck on my HD7750 1GB for long time.
In all fairness you probably should have upgraded quite a while ago. I was just thinking yesterday if a 7970 would still be enough to game these days considering how old it is so a 7750? Where you actually planning on upgrading this generation in the first place??
"China’s bitcoin moguls are coming to America."
we don't want you. Go waste electricity in some other Country but, no doubt there are Politicians that have already sold out. Texas and Tennessee ... should prove interesting.
Yeah not with businesses really, but I saw the same gentrification happen when they turned Brooklyn into a Mumford & Sons music video like 15 years ago
I mean, this is basically what happened to California / Silicon Valley in the late 80s and on. All the tech business moved in and property prices went nuts. While I feel sorry for someone that ends up having to move because they can’t afford the property taxes, I also know a couple people that bought their houses in Cali for 100k and sold them for over a mill, moved out of state (one to Colorado, the other to Wisconsin) and basically retired.Things are already getting bad down here in Texas due to all of the people fleeing blue states. The population has been significantly increasing since 2000, but in the last 5 years it has exploded, thousands of houses are going up every week and all of the big industries trying to relocate here are just exacerbating it. The growth is unsustainable, and has been for years. Nobody in the government cares, especially in Austin because all they see is the millions of dollars in tax revenue and jobs. It's also jacking up the land prices and forcing people that have lived here for decades to lose their land and houses. One of my customers a couple of weeks ago said his property value went up 500% in the span of two years and the tax burden is on the verge of forcing him to sell. Austin has been on a gentrification rampage for years, forcing all of the east Austinites off their land and reselling it to developers to build condos and apartments. They justify it by trying to put a pretty face on it "we know we stole your land, but here is affordable housing! Congratulations, you qualify for a tiny shit one room efficiency, it doesn't matter that you had a medium house and a big yard before! COMPLY CITIZEN."
Industry is exacerbating it, Samsung being a prime example. They want to build a wafer fab in Austin and according to my neighbor who works at the water supply for the area, they've come by demanding to be supplied with insane quantities of water that plainly don't exist. I think he said something like 1.2 million gallons A DAY. That's enough according to him to supply three large cities and then some, and they don't have the capacity. The aquifer doesn't either and is already severely over strained.
The power grid issue is peanuts compared to what's going to happen in a few years. We're going to have an ugly no holds barred water war here in a few years, just wait until the next major drought like we had back in the 2008-2011 time frame, it's not going to be pretty. Thank god we're on a co-op that bought water rights back in the 1980s. It's going to be as bad or worse than California's water wars.
We don't want Tesla, Samsung or any more people down here, It's bad enough already. We love you, but please find some other place to go, anywhere else but here.
I mean, this is basically what happened to California / Silicon Valley in the late 80s and on. All the tech business moved in and property prices went nuts. While I feel sorry for someone that ends up having to move because they can’t afford the property taxes, I also know a couple people that bought their houses in Cali for 100k and sold them for over a mill, moved out of state (one to Colorado, the other to Wisconsin) and basically retired.
Yeah, not happening here. People are taxed off their land before they can sell it for a gain. The appraisal skyrockets, as do the tax bills. The person can't sit on their property long enough and eat the tax bills for it to gain enough in value to still be in the black, so sleazy developer comes in and offers below market value since they know the person is in trouble. The only two options are really to not pay property tax and be forclosed on by the county for failure to pay or take the pittance you get from the developer and try to find somewhere else.I mean, this is basically what happened to California / Silicon Valley in the late 80s and on. All the tech business moved in and property prices went nuts. While I feel sorry for someone that ends up having to move because they can’t afford the property taxes, I also know a couple people that bought their houses in Cali for 100k and sold them for over a mill, moved out of state (one to Colorado, the other to Wisconsin) and basically retired.
Yeah, not happening here. People are taxed off their land before they can sell it for a gain. The appraisal skyrockets, as do the tax bills. The person can't sit on their property long enough and eat the tax bills for it to gain enough in value to still be in the black, so sleazy developer comes in and offers below market value since they know the person is in trouble. The only two options are really to not pay property tax and be forclosed on by the county for failure to pay or take the pittance you get from the developer and try to find somewhere else.
Not exactly easy with the pandemic restrictions and housing costs across the country skyrocketing from materials shortages.
I was curious, so I looked it up. Looks like Texas has mandatory annual reassessments, so your property tax is always against near-current market rate. Ouch. So yeah, it looks like it's currently very easy to get priced right out of your home of decades because of a land rush.Yeah, not happening here. People are taxed off their land before they can sell it for a gain. The appraisal skyrockets, as do the tax bills. The person can't sit on their property long enough and eat the tax bills for it to gain enough in value to still be in the black, so sleazy developer comes in and offers below market value since they know the person is in trouble. The only two options are really to not pay property tax and be forclosed on by the county for failure to pay or take the pittance you get from the developer and try to find somewhere else.
Not exactly easy with the pandemic restrictions and housing costs across the country skyrocketing from materials shortages.
I was curious, so I looked it up. Looks like Texas has mandatory annual reassessments, so your property tax is always against near-current market rate. Ouch. So yeah, it looks like it's currently very easy to get priced right out of your home of decades because of a land rush.
In California, it takes a transfer of ownership (and not even all the time then), or some new construction or significant reconstruction, to trigger a reassessment. So if you bought a house, say in 1980, for 100k, and never sold, your current property tax would be against an assessed value of $225k this year (see CA Prop 13; maximum 2% annual increase).
isn't it amazing how we have gone full circle in the USA and wound up back in 1775 ???Yeah, not happening here. People are taxed off their land before they can sell it for a gain. The appraisal skyrockets, as do the tax bills. The person can't sit on their property long enough and eat the tax bills for it to gain enough in value to still be in the black, so sleazy developer comes in and offers below market value since they know the person is in trouble. The only two options are really to not pay property tax and be forclosed on by the county for failure to pay or take the pittance you get from the developer and try to find somewhere else.
Not exactly easy with the pandemic restrictions and housing costs across the country skyrocketing from materials shortages.
Actually, about 10 years ago (just being honest). Gotta time machine?Are you saying I should buy a couple houses in Texas right now?
And the worst part is, they're stupid. My phone # is somehow associated with a house in south Dallas and I get texts almost daily calling me Thurman and asking me if I want to sell my house at [address]. Lately they've started adding "reply STOP if you don't want to hear from me any more." I never do that because that won't help with the 800 other jerks texting me.People not even interested in selling their houses are being harassed as well. We get mail all the time from slimy Californians and New Yorkers with a google maps picture of our house on a post card "are you interested in selling your property, we'd looooove to have it!" Some of them go into stupid detail of why they deserve our house and why we should sell it to them.
I reply to the drive-by texters telling them the house price is six million dollars, cash only, in small, unmarked, non-sequential bills.
Ignoring them wasn't doing anything, either, so, no.All you're doing is confirming to the spammers that's an active number with someone dumb enough to interact with them, GJ getting yourself more spam
"Interestingly, there has been no outrage from the US public upon seeing this shift. " yeah, cause they dont know anything about it. im kinda surprised its that easy for them to move there...A logistics firm from Guangzhou, Fenghua International has confirmed to CNBC that it’s airlifting 3,000 kg (3 tonnes) of mining machines including graphics cards and ASICs to Maryland, USA. The firm advertises door-to-door delivery with prices as low as $9.37 per kg, including taxes on both ends.
https://www.hardwaretimes.com/chine...o-maryland-usa/amp/?__twitter_impression=true
Mayland and Texas are two states most suited to the needs of miners due to cheap electricity and a sparse population.
The province of Inner Mongolia, Sichuan, and Guangzhou have straight up banned the practice, with the authorities even cutting off power to the farms.
No one is moving anywhere. It was a hardware sale from owners in china to new owners in the US. Hundreds of these sales are happening as hardware owners in china have made a calculation that they're better off liquidating than relocating."Interestingly, there has been no outrage from the US public upon seeing this shift. " yeah, cause they dont know anything about it. im kinda surprised its that easy for them to move there...
No one is moving anywhere. It was a hardware sale from owners in china to new owners in the US. Longterm this is a good thing for crypto.