Sign up with GoogleI saw it at 19993 on Luno sometime last night or the night before, I was half asleep.
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The Bitcoin Thread
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I saw it at 19993 on Luno sometime last night or the night before, I was half asleep.
Idiosyncratic
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Right, but isn't CPU mining pointless for eth? Couldn't one use a Intel dual-core or something like an I3 instead?
Ryzen 7 is doing very well with cryptoNight algo, around $0.60 uds per day
Idiosyncratic
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Mining eth?
No, CryptoNight algorithm on nicehash
jacosmit
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My i5 also mines CryptoNight.
HunterNW
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Morning. So maybe a stupid question, but if i don't ask then i will stay stupid. :crylaugh:
Yesterday when on the Luno platform they stated the price is 19500, I used the instant buy button. Appon looking at my transaction statement I bought BTC at 20342 !! How does that work ?
Yesterday when on the Luno platform they stated the price is 19500, I used the instant buy button. Appon looking at my transaction statement I bought BTC at 20342 !! How does that work ?
When you use instant buy, Luno will get you the best offers from the asks, and then on top of that they charge you 1% fees. You can be unlucky if there are no reasonable ask prices, but that looks like a huge spread. I suspect that the 19500 value was not updated on your app. Best not to use instant buy, rather trade, so you get your exact price and you also don't pay any fees.Morning. So maybe a stupid question, but if i don't ask then i will stay stupid. :crylaugh:
Yesterday when on the Luno platform they stated the price is 19500, I used the instant buy button. Appon looking at my transaction statement I bought BTC at 20342 !! How does that work ?
Never use instant buy, fee's are around ~2% if you do and always higher. I got burnt too, questioned them on this as it's a vague explanation on their website. End of the day this is what I was told:Yesterday when on the Luno platform they stated the price is 19500, I used the instant buy button. Appon looking at my transaction statement I bought BTC at 20342 !! How does that work ?
"When using the Instant Buy / Sell page to trade, the fees are not the same as when using the Exchange page. Luno will give you a quoted exchange rate which does include a premium when using the Instant Buy / Sell page.
The rate of the premium can be calculated if you calculate the percentage difference between the "effective rate" quoted on the Instant Buy / Sell page and the price shown at the lowest ask (or highest bid). We cannot definitively tell you what the premium percentage is because it varies depending on market conditions.
Bitcoin is volatile and market conditions can change rapidly. The premium is levied because Luno accepts additional risk by issuing a quote valid for 30 seconds to compensate for this risk."
This was their suggestion:
"Again, please remember that when making use of our Exchange page however, you will always incur lower fees. This is what I would recommend if you wish to keep fees low and trade at rates actually indicated in the order book.".
Hope it helps!
Oh, I thought it was 1%. I also used instant buy the 1st time that I bought bitcoin, thankfully it was a small amount.
Idiosyncratic
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...and she just keeps going. Hell, if it comes down again, I'm selling most of my stocks and investing in crypto instead
If I remember correctly the main circuit breaker is 80 amps. Do you have 3 phase ?First payout coming tomorrow
Not too sure, where do I check? I know nothing about electrics.
Check the DB board or your electricity account.
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