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141  Bitcoin / Mining speculation / Re: BEST gH/S PER $ OR PER BTC on: December 30, 2013, 12:26:01 AM
I've been buying lots of hardware, trying to get less then 20$ per gigahash.  So far my average is 16.90$ per gigahash.  Pretty good Smiley

I'm expecting return by March or April.  May, if companies actually ship on time xD
142  Other / CPU/GPU Bitcoin mining hardware / Re: 49 port USB hubs anyone having problems? on: December 29, 2013, 06:35:08 PM
What plugs from the atx connection does the hub use?

Just the 5v and common (red and black) wires?

I got a 5v 40 amp supply, trying to figure out how i connect it.
143  Bitcoin / Mining speculation / Re: ANTMINER - WORTH IT? on: December 29, 2013, 06:14:18 PM
If you dont feel like talking to anyone, why would someone help you?

Nothing wrong with PMs.

I also vote cubes, those are good starter units
144  Bitcoin / Hardware / Re: Is anyone selling Bitmain U1 and S1 for Fiat? on: December 28, 2013, 04:23:23 AM
Take your fiat.... Buy BTC... Buy miner immediatly.

Remember, BTC is more then just an investment.  It's used to transfer money around the world, instantly!

Don't touch your savings BTC, buy fresh BTC just to buy a miner with.

If you don't want to do that, then buy new BTC and hold rather then buying a miner.  Either way, if you have ~3200$ right now, you can either have 4.25 BTC or an Antminer.  Doesn't matter if that 3200 makes the middle step of becoming BTC briefly, either way you're buying a miner instead of BTC.
145  Bitcoin / Mining / Re: How to make USB miner by myself? on: December 27, 2013, 11:15:17 AM
At least 7 leds.
146  Economy / Speculation / Re: Anyone "all in" on bitcoin? on: December 27, 2013, 05:23:28 AM
I'm all in.  I have like 200$ in fiat, few thousand in BTC.

I took out a 2000$ credit card cash advance back in October.  That was a good plan, it tripled for me before I cashed out Smiley Got myself a nice business now because of it
147  Bitcoin / Mining / Re: How to make USB miner by myself? on: December 27, 2013, 04:28:23 AM
Well, step one is find some mining chips with low enough power requirements to be run by a USB port.  YOu're going to get 2.5 watts out of a USB 2.0 port, you might get 4.5 watts out of a 3.0 USB port.

Get a voltage regulator, to make the power to the board constant.

Grab a few resistors and capacitors to smooth out and refine the voltage.

Get another chip to hold the software for the mining chip, as well as the software for the computer to recognize it.

Program that chip so that everything works.

Solder everything together, if you dont have surface mount componants then you're going to have a big board, at least a few inches square.

Get a USB plug, attach it, and plug it into your computer.

Voila!  Homemade USB Miner.
148  Bitcoin / Bitcoin Discussion / Re: Bitcoin network cost is OK now, but may soon be hugely wasteful on: December 25, 2013, 08:37:11 AM

You have some maths wrong in your paper. 11kw average consumption of a house , it's more like 33.
And why compare it to paypal or google?
Compare that to the electricity banks consume.
In my parents hometown ~ 50k they have 21 banks , 2 of them are 3 floors high and over 1000mp2 . Let's compare how energy they waste and how much the bitcoin network does.


I'm trying to get more data, that was just a first draft.  I think I can also better estimate the average watts:gigahash ratio, based on what companies have shipped what amount of power.

I did the original comparisons to other computing giants, I really want data on how much power Visa consumes.  Banks would be nice, but I imagine they'd be hard to find....

I want the data on how much power it takes to print, store, and transfer money.  If anyone can help me out, PM me, and lets get this paper more factual!
149  Economy / Computer hardware / [WTS] Redfurys in Vancouver Canada! on: December 25, 2013, 08:32:24 AM
I have 87 RedFurys coming from Oaxaca, they should be shipped on the 27th.

I'm looking to keep a few, sell a few, so might as well get started!  I can ship them around anywhere, but I'd prefer to deal locally.  I have a partner in Toronto who is also getting lots of Redfurys to sell, so if you're from the East coast then I'll connect you with him.

Quick rundown of specs, these miners are 2.5 gigahashes, and consume only 2.5 watts.  Plug them into a USB port, and away you go!

I'm not really selling these at a competitive, large scale mining operation price, these are just for beginner miners who want to get started with something quick and easy.

Pricing:

1-4: 200$
5-9: 190$
10+: 180$

I don't want to sell in too large bulk, like I said, these are mostly for newbies who want a simple way into mining.

PM me or email me at bryanhellard@gmail.com.  I live in New Westminster, but I travel between New West, Burnaby, Coquitlam, and Downtown often, so I can meet anywhere.
150  Bitcoin / Bitcoin Discussion / Re: Bitcoin network cost is OK now, but may soon be hugely wasteful on: December 25, 2013, 08:00:21 AM
I wrote this paper on this exact topic a few days ago:

https://docs.google.com/document/d/1Lb_iLMmH5sIiYfGeHr9tCTnaoWjK25zDlvO0nXXgEng/edit?usp=sharing

The TL,DR is that we're fine now, but as Bitcoin grows in value we may have a problem with electricity usage.  We (I) must reanalyze later!

151  Economy / Trading Discussion / Re: Large escrow. Please advise on: December 23, 2013, 03:48:13 AM
I am the buyer.

I am looking to buy 20 BTC worth of goods.

I'm worried that the seller may send me bad miners.

Please help us with an escrow service.
152  Bitcoin / Bitcoin Discussion / Bitcoin power consumption and Future difficulty on: December 23, 2013, 12:37:28 AM
I was tired of seeing people saying how earth destroying Bitcoin is, how it sucks up so much energy, so I wrote this piece up.

It's not perfect, there are a few data metrics that I'd like to change (average watts:gigahash ratio of ASICs based on hashrate delivered), but I think it's a good summary and comparison to other computing giants (Google, Facebook, Ebay...)  I'm also trying to find data on Visa or Mastercard power consumption.  Power consumption of a bank would be great too.

After going through the power consumption, I begin speculations on the future difficulty and power requirements to keep the network going.

Check it out, comment, what should I change?

https://docs.google.com/document/d/1Lb_iLMmH5sIiYfGeHr9tCTnaoWjK25zDlvO0nXXgEng/edit?usp=sharing
153  Economy / Computer hardware / Re: [WTB] 2+ Terahash (serious buyer) on: December 21, 2013, 07:06:38 PM
Bump!  Let's get some hardware trading!
154  Bitcoin / Mining speculation / Re: BTC Mining is dead IMO on: December 20, 2013, 07:51:51 AM
The average Joe now will become more important over a year or 2 if he keep using his brains.
Everyone starts small in Bitcoin, but that doesn't mean you won't be able to become bigger.

^^^ This.  So much of this.
155  Bitcoin / Mining / Re: Making miners on: December 20, 2013, 07:46:45 AM
What do you mean, make?

Like make your own ASICs?
156  Economy / Speculation / Re: It's over. The Ponzi scheme is coming down. Goodnight sweet bitcoin. on: December 18, 2013, 04:12:41 AM
http://mattovermatter.com/wp-content/uploads/2011/07/2011-03-21-American-pie-chart-distribution-of-wealth.jpg


Too ezee to counter....
157  Economy / Computer hardware / Re: [WTB] 2+ Terahash on: December 17, 2013, 07:36:21 PM
Bump because I editted the OP
158  Bitcoin / Mining speculation / Re: Bitcoin mining is Dead, Tot, Apagado, Gone w tricycle, 88 on: December 17, 2013, 07:19:54 AM
https://bitcointalk.org/index.php?topic=361566.0

i'm planning on buying 10 terahashes this week and making a killing.  Mining is still totally viable, just be smart about it.
159  Bitcoin / Mining speculation / Re: BTC Mining is dead IMO on: December 17, 2013, 07:19:09 AM
Boo hoo.  If mining was get rich quick, everyone would be in on it.

Oh look, it was advertised as get rich quick, and now everyone's in on it.  We shot ourselves in the foot.

Even still, its not dead. https://bitcointalk.org/index.php?topic=361566.0
160  Economy / Computer hardware / [WTB] 2+ Terahash (serious buyer) on: December 16, 2013, 09:09:16 AM
I'm looking to buy a large amount of mining power this month.  Maybe as high as 10 terahashes, depending on the price.  KNC's, COinterras, maybe some BFL's, I'm not picky.  The price just has to be right.

I need hardware ASAP (Everyone knows time is money Tongue) so I'd prefer hardware that you have in hand.  Though, I am quite interested in the Cointerra first batch, so I'll wait for that. I'll do local pickup for almost anything, I can fly to you if our deal is 20k+.

PM me and we can talk pricing, I have plenty of cash to spare.
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