Not too sure what to make of this: http://techcrunch.com/2014/11/02/bitcoin-brothers-aim-to-disrupt-bitcoin-mining-with-new-more-powerful-supercomputers/Fairly confused article. After over two years in stealth mode, the bitcoin mining supercomputer manufacturer, Bitcoin Brothers is launching its hosted bitcoin mining services, powered by what the company claims are better, stronger machines to make the mining of bitcoin more efficient.
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Financed in part by money the Welle brothers made as bitcoin miners in the technology’s early days, Bitcoin Brothers is working with TSMC to manufacture its proprietary 3D 16nm FinFET application-specific integrated circuits (ASICs), which the company designed itself. When you visit the website of "bitcoinbrothers" there isnt much hard data either, perhaps this is most the interesting tidbit:
Mark adds: “by pushing 300-400 petahash into the market quickly in Q1 2015, and growing our presence from there, we triple or quadruple the difficulty for a limited time, to achieve a new efficiency standard in mining and on the blockchain"http://bitcoinbrothers.de/press/pr20141103Are they for real? Searching for bitcoinbrothers I came upon this: https://bitcointalk.org/index.php?topic=377701.0Looks like nothing ever came of that, though Ive not seen any scam accusations either so make of it what you want. |
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Genius trader that found secret way to grow capital nearly 10x faster than Bernie Madoff.
Lives in moms basement and hesitant to shell out $200 for cloudflare
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Estimated Next Difficulty: 39,183,914,852 (+8.89%)
Adjust time: After 459 Blocks, About 2.9 days
Hashrate(?): 306,218,586 GH/s
Thats (way) too much for just luck. The network may not be above 300PH yet, its definitely above above the previous 257.
As for the impact of declining prices, check the charts above. Mining is still too profitable for anyone with access to cheap electricity and hardware at cost, ie, for all those private mega mines.
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He can sue me for wearing two different socks, but he would have the same chance of getting a judgement in his favor.
Besides, if he can afford to retain a lawyer without abusing customer funds, Im fairly sure that lawyer will soon have far more important things to do.
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Seems like the difficulty slowdown...  ... just stopped slowing down. |
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With immersion cooling, you still need to cool the coolant.
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After this impressive display of knowledge related to security, Im off to invest all my coins in crycurex, what could possibly go wrong?
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What is AM worth? I mean, what is the company worth... how many PH of chips did they just order, what is their mine worth, what is their IP worth? etc. Would it be out of the question to assume $20 million USD?
How much would you value a bitcoin mining asic company that already has a pile of pretty decent, working 28nm chips? Thats had them for over 6 months? A company like, say, HashFast? I've been in this game for a while and I honestly can't remember the last time a bitcoin company was undervalued. You forgot about PETA already? To be fair, if I were you, Id try to forget that too |
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Has anyone established a mailing list/forum/hangout/FB group/ whatever that is accessible to AMT victims but where we are sure AMT can not read it ? I have something Id like to share, but I dont want AMT to read it.
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we aren't dumb Dan, you're dumber than a second coat of paint. Fortunately your obvious ignorance and stupidity seems to prevent people falling for your scam, so thats something you should be grateful for. Look forward to seeing your report on us and filing a lawsuit for you in return You're going to file a lawsuit because I contacted a consumer protection agency? Good luck with that  |
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Is the law that permissive?
No. Among many other things, undercapitalisation is a reason to pierce the corporate veil; iow, hold the people directly and personally responsible for the company's liabilities. |
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So price needs to get near $200/BTC in a few months for things to even out?
(ignoring any unforeseen external factors for the sake of the argument)
those charts say that. right now coins are 331 and growth for this jump is about 4.5%. I for one think 200 is too low. I think 300 is the cutoff as I think the big guys want a better margin of error. What charts? My charts? They dont say anything of the kind. They cant predict BTC exchange rate at all, they can only predict network hashrate given assumptions like the BTC exchange rate. |
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They will probably make it an E-book now .. so they can update new "insights" more easily
*ping* you have a new update for your bible, would you like to update to a more modern version of your book with weird believes?
Funniest post I read today . |
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I find that claims about profits from ponzi pushers are not very trustworthy.
Especially someone pushing a ponzi that has already collapsed and ran off with the money ROFL. Next up: "my BTCST profits are now 8544932%, so it is possible!" |
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We can never be 100% certain of anything, but all the knowledge we accumulated makes it about as likely as that every shit I take is really a black hole in a parallel universe.
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What would happen to said mass? Degrades (expands?) to pure energy? Sorry didn't watch the video
Converted in to energy (photons) by black holes that attract the mass and then evaporate hawking radiation. That would be interesting since maybe each atom is a big bang in and of itself
ahm. no . We have a pretty good idea of what an atom is nowadays |
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My guess is that it will "end" with both a big bang and a big freeze, as they are essentially the same thing in the absence of mass. Mass which would no longer exist in the very distant future in a cold empty universe and didnt exist at the time of the big bang. Dont take my word for it though: https://www.youtube.com/watch?v=oBkOYQ02chs |
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There is actually one sentence in there that I believe: Our team has extensive experience in the accumulation of different cryptocurrencies Quite right, as this isnt the first time they run a scam like this. |
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Am I the only one confused by "minus mining fees" ?
probably. The transaction fees are fees you pay to the miners for their mining. Mining fees is a perfectly good way to describe the fee. |
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