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You know what a mining company could do if it wanted to demonstrate that its 5-year mining contract is not a scam? Put the money in escrow with 20% to be released to them each year when they deliver (or better yet 1 2/3% per month), with the remainder to be returned to the buyer when they shut down or disappear. We won't be seeing that any time soon.
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What is everyone's thoughts on the long term viability of mining contracts? Some people are offering 5 year and even lifetime contracts, but will mining contracts even be a relevant thing in the future?
5 year and perpetual mining contracts are a scam. First of all it is very unlikely that any one of these mining contract sellers will be around in five years (much less perpetually), and whatever mining capacity you buy now will likely be essentially worthless in a year or less due to increasing difficulty. |
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Bitfinex is providing such a variable too: https://www.bitfinex.com/pages/stats 129%. Nearly the same value that I got. But that is calculated over 7 days so completely useless for a good indicator. They should at least graph it. Wouldn't necessarily be predictive but it would be more informative. |
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Monday sale, 20m for 1.5 BTC
Blocks of 250,000 BCN available at 0.025 btc each.
Blocks of 1m BCN available at 0.08 btc each.
PM me to buy
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How to accurately price a bitcoin option? Apart from a willing buyer and seller, the risk adjusted premium should be the real "fair" value.
There is no such thing as an "accurate" price without some sort of model. What the seller says he did in constructing his offer was similar to what I did in evaluating it. You will notice there is a fair component of vague "it doesn't quite fit the model, so I increased the price." Reality is likely more complex than any model, which means all models will be inaccurate (though often still useful). |
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I wonder how are you guys pricing the option? How do you arrive at a particular premium to be paid to the option seller?
Willing buyer + willing seller. |
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1 day and 6 hours. Please for the love of god. Let me lose this one  It's trying... |
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Is sunday sale still on the table? PM.
PM sent WTB 2M BCN for 0.5 BTC.
PM sent |
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Shipping was $38 for priority mail with signature (usually 2 days but not guaranteed)
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what exchanges does BCN trade on?:
You're looking at it! (Unless there is something in the darknet, who knows. Everything is so secret about this coin.) |
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roughly 21 more hours right now
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Sunday sale. Selling 10 million for 1.0 BTC, which is a price of 0.1 uBTC/BCN. PM me or reply here.
HI: WTB 10m for 1BTC PM sent No answer, so still available. |
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.75BTC
Winning bid. Sending PM Duh, my mistake. I originally intended to post this a day earlier so I thought this would have ended today. But it's not over. One day left. Auction still live. Bid away! |
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We fad to add limitations for 110V for FCC compliance.
Since we are open source SW you can of course override FCC compliance at your responsibility.
I will post the guidelines on how to do that (at your responsibility) in a couple of days (we have the Passover tomorrow).
Is this only an RFI issue or could the higher current draw also be a safety issue? |
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.75BTC
Winning bid. Sending PM |
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Sunday sale. Selling 10 million for 1.0 BTC, which is a price of 0.1 uBTC/BCN. PM me or reply here.
HI: WTB 10m for 1BTC PM sent |
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2. I had 6 miners in one room on a 20amp breaker and that was the max, over clocking would have yielded less hashrate at that power limit. With unlimited power you can over clock for more hashrate but chips are less efficient. For example another 10% increase in hashrate would need 20-25% more energy, etc. 15% over clock would need 35-40% more energy.
Be careful friend. 6 stock S1s on a 20 amp is too much, in theory at least. |
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Hello I see that bitmain sent my s2 with saver international and not express
So I have it after 10 days
Why???
What is yours?
Express or saver shipping??
Mine says "UPS Worldwide Express SaverŪ" with "Scheduled Delivery" for Tuesday. |
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