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How high can the difficulty go before people mining in their house can no longer add any more machines because of physical space restrictions and overloaded electrical systems stop your ability to keep up with difficulty increases ?
Most new homes have 150-200amps from the street. Of course this can be serviced by an electrical and the amperage increased though addition of new panels and the gauge of copper running from the street to the house. 150 amps at 120 volts will get you 18,000 watts. Most circuit breakers are 15 amps. To be safe each circuit breaker should support 1,800 watts at 15amps. You can buy higher amperage circuit breakers. But it doesn't seem very safe to run more than 1,800 watts on 1 circuit. Distribute your rigs if you can. Most rooms are usually on one circuit. With older homes there can be severe electrical limitations. It'd best to consult an electrician if you're having electrical problems. |
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The total network hashing power started 5/27/2011 UTC at ~5THash/s and swung to close the day at just over ~3THash/s. With a low around ~2.9THash/s. That is a nearly 40% drop, day over day, in the first full day after the latest 78% difficulty increase.Edit: This is based on the graphs from http://bitcoin.sipa.be/ which do not have the same calculation flaw right after a difficulty change that BitcoinCharts does.  Uploaded at ImageShack. Is this a joke? This happens everytime the difficulty increases.... the accuracy of the hash rate calculation is not correct because of the 24hr sample rate. I would assume someone with a few hundred posts on the forum would know better.... Actually the green lone is an 8 hour moving average. |
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protip: ati mines faster than nvidia (sorry, fanboys)
And nvidia games better than ati. (sorry, fanboys) Games cost money and bitcoins are money. |
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O rly? Try observing a mob in action some time. Observe football hooligans, panicked crowds, political rallies. Individuals by themselves are simply not capable of the manically destructive behavior of groups. It's basic sociology - the intelligence and sensibility of a group tends towards the lowest common denominator. One can only say that a mob is superior to an individual if one believes that the only way to get things done is to break things and kill people. And if you believe that, then you're a freaking psychopath and I don't believe you're worth arguing with.
Mobs wouldn't exist if they weren't evolutionary products, try again. |
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At what point did the term change for the negative?
Pretty much at the point that liberals decided to abandon the concept of rights in favor of mobocracy and wealth redistribution. The mob is an evolutionary outcome. You can't avoid it, just like you can't avoid stupid people. A product of evolution. Mobs tend to run off of cliffs. Individuals don't. Mobs are as evolutionary inferior to individuals as flagella are to legs. Sorry, but you're wrong. |
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What is fiat worth? What is fractional reserve money printing worth?
You can't have your cake and eat it too.
By your definition the dollar is worth nothing. Absolutely nothing. Too bad it's not true.
The argument is dubious.
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At what point did the term change for the negative?
Pretty much at the point that liberals decided to abandon the concept of rights in favor of mobocracy and wealth redistribution. The mob is an evolutionary outcome. You can't avoid it, just like you can't avoid stupid people. A product of evolution. |
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Why you preoccupied with liberals, politics, conservatives - etc.
Who gives a fuck? Seriously?
I'm here to make money. Guess what? No ideology makes sense, in fact, nothing does.
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No AC. Window is open, 70 F here.
Don't know why it's going so high. Will fans bring down temperature?
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I just purchased a used ASUS 5870. The issue i am seeing is that in GPU-Z there are three censors.
GPU Temperature - 81.0 C
GPU Temp. #1 - 81.0 C
GPU Temp. #2 - 102.5 C
GPU Temp. #3 - 86.0 C
I'm running the card at 889 gpu / 375 memory. I'm a little concerned about the 2nd gpu temperature. Is it a faulty temperature reading or would it be the heatsink coming off?
I'm getting 370Mh/s with this setup. The fan is on 44%. I can push the fan to 100% and GPU to 920 and get about 400Mh/s.
I think i need more fans in my system. I have an old dell. Right now the side cover is exposed so i'm considering buying extra case fans to increase ventilation.
But that doesn't discount the fact that sensor #2 is almost 20 C higher than the GPU temperature.
Should i be concerned?
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The question was why do you not consider bitcoins a currency. The simple answer is that for it to be a currency it has to have a perception of currency.
No, I think the question was: Out of curiosity, what leads you to believe BTC is not real money?
I didn't ask about currency, and regardless I was looking for an answer from the OP, out of curiosity. The definitions here are ambiguous and the terms real money and currency seemingly interchangeable. I'm not trying to be an ass, but if you think about it there is no value to anything besides it's perception. Various factors affect perception but in a labor theory of value we derive value in labor. Which is a benefit of a gold backed currency and bitcoin as well, at least, over fiat. So I do see that it can possibly become real money but money is only real if people believe it to be money. |
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Because people need to eat and the grocery store doesn't know what bitcoins are?
The grocery store doesn't accept euros, or yen, or gold. But those are still money. Well the bank does and there is an exchange. Sure you can argue that bitcoin has an exchange and a price discovery mechanism. And it is true, just as you convert euros to dollars. The ability to interchange curriencies at market discovered prices is vital to the perception of value. The question was why do you not consider bitcoins a currency. The simple answer is that for it to be a currency it has to have a perception of currency. |
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That's nice but the vast majority of people go to the local supermarket. Asked why bitcoin isn't considered currency, because it isnt accepted in places currencies are. Once wider acceptance, it will function as currency. |
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Because people need to eat and the grocery store doesn't know what bitcoins are?
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Why? CC's pay 1$ + 2-3% so for small transactions around 1$ the merchant loses a lot of money. It shouldn't be atypical to pay 10% for microtransactions.
If they're not willing to pay no one should provide them the computational service required to facilitate it.
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Credit cards already take 2-3% fees so I don't think 1 or 2% would be a problem.
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