And I always thought Litecoin had a good chance.  If you ever get the chance to hear a talk from it's creator I highly suggest going, it's been a few years since I heard him speak but he really did a lot to make Litecoin fair and a good long term bet.   

I thought when he got a Coinbase job ( i believe it was) that we would see something new with Litecoin and prices jump.... but never happened.   I have played with alts for a long time at this point it's hard to convince me long term on alts.  I like to stick to BTC after playing with them for a while.  You see some go up... and down.   None seem to ever take long term traction.

They have not released this on the ones that are "sold out".  The original ones were next gen chips, but around S7/A6 specced on efficiency.  They fell pretty short but were a new NM which is still impressive.

These could be a lot closer to the B series announced specs from long ago as they have had a month or so.  We likely will not know though with internal use and big buyers getting them, unless a big buyer sells a few.

Technically they pretty much have it where you cannot do anything with current policy.  I know people do try things such as this without contact.  But they have pretty vague terms:

Customer removes/replaces any components by himself without receiving permission from Bitmain first

They have never not accepted RMA due to changing cables that I know of.  But "componet" being removed could cover just about any physical change.  Full warranty is here: https://bitmaintech.com/productDetail.htm?pid=000201603310959482268cfunbq106E5  I'm not saying it's a good thing as I love to tinker.  But they have a very vague warranty at this point that could be read many way's with it being vague.

If someone is a newbie status and dealing with more the 5 per hour sadly in most cases there is a scam/spam reason.   Newbie accounts are used for many things that are not good for the forums.  One of best features added to deal with PM's and newbies is the red warning when dealing with them, as so many where trying to pretend to be other users with a close username and scam.

If your dealing with a newbie and need more then 5 PM's per hour (that is very rare).  But if it is I suggest you use skype or some other means as communication.  As this is a good thing for almost all cases on posting limit.

I'm surprised this thread has went this long.  The fact that the site remains up shows it is willing to work with authorities.  If they did not on a site this size it most likely would be taken down.

And as mentioned with BFL with sharing info I think some of working with authorities is good.  It can help some members in certain cases.

My helpful advice is don't try to do anything physically to them, basically opening anything voids warranty.     Assuming this is a new one from bitmain send the order info and problem in email and ask for a RMA.

Just to be sure what PSU are you using for your S7?  (making sure it has proper power).   Also out of curiosity is it a new one fan with having it only 2 days?

Looking at 1 week price is a little disappointing.  - http://www.coindesk.com/price/ Were around 418 or so, so lost around 5 dollars or so from the high of the difficulty period.   

So not a huge loss, but also not the direction we want to go.  Difficulty is not a horrible change so that is good news so far. Would have liked less but last period of under 1 percent made me pretty happy so hard to argue if we stay under 5 percent this time. 

Can you go a little more in detail?  That is just a pretty broad amount of topics.   

Are you trying to make a miner with someones elses chips?  Design makes it sound like it, but I would think you can tell us your intentions without the secret details without a NDA.

Don't do it if you don't know what our doing but opening circuit box can easily tell amps.  It is on the fuses in the box.   If you ever trip a fuse this is the box you reset them.

But again be careful and don't do it if your not comfortable around it.  Lots of electricity goes through a main, which means touch wrong thing bad deal.

It would ruin the picks if this was allowed.  This week a few have asked (this is at least second time).  But the whole point is first ones to pick get first pick, so the more early you pick the more choices you have open.

But if you wait you might get a lot better idea of what change will be, but picks might be taken.  So part of the fun is trying to pick best point when to pick.

And you missed part of it "fast" is also the  other part.  If you can earn fast/free bitcoin would be get rich quick.  But it is FAR from that.   It really is a long slow process if you believe in it and try to gain lots of profit.

It's hard to do quick profit without risk. You can do a little free with say signature campaigns, but it's not fast.  And if you are on forum just for sig campaign and not fun.... your here for wrong reason and will not get the enjoyment you should.

The best is honestly have a job and work a normal job, then buy miners or bitcoin.  You will earn the most bitcoins this way.  Skills come to a second I think possibly first depending on skill and how good you are.

Earning .005 from faucets.... is many many hours of time.  And you lose money if you count electricity.  I would not want to be one playing faucets to this amount.

Yes it is allowed to have multiple accounts.  But having 4 accounts... I think is going to be hard on quality posts.   That is part of why I did not like what this guide is pushing.   But he did not read what I put in first post or did not care and just went to name calling as a "socialists".

If he would have went "find out their talents, that have value, and monetize that" in his words people are better long term then farming 4 accounts.  80 posts a day of quality ... you will be hard to find many that meet the quality part of that.

Be very careful I don't invest with BTCJam is if the person defaults they give you their info, and wish you luck on getting your money back.  I think they need to have a part of company that helps users go after those who default, as it could be international or pricy to go after the person.  I think as of now if someone defaults your chances of getting back are slim.

You have to ask who would use a site like this with big interest rates?  The anwser I think is those who could not get from regular means, or those who intend on defaulting. 

So personally I stay away from sites lie BTCJam, and suggest others do the same.

You butchered my post to one line..... I fixed it for you.  I am not pushing anyone to socialist or any extreme view point.   I don't know where you got socialist from. I am just saying if someone does a few faucets and gets a few cent's worth of bitcoin I don't see them as a user that should be considered, if they have left never to come back to it.

Which in your own words you said "You will interestingly find out that almost all new waves of new bitcoin users end up in faucet sites or other earning sites, with small payouts."  These waves a lot don't stay... they think get rich quick and leave once find out it's not a get rich quick scheme.   I just don't see the 99 percent are poor.  99 percent may not be whales I would agree on that, but don't see 99 percent as poor.

I wish you would have made a guide to find "find out their talents, that have value, and monetize that" instead of trying to get new users to join site for signature campaigns.  They will be much happier long term if you would have helped them find skills they can sell for bitcoin.

Theory is far from truth though.   Even if there was no addition of more miners or hashrate solo mining is a thing of the past for most users.  Even if you had 10 S7's or almost 50T I still would not solo mine.  It's just a horrible idea for most.  I think solo mining is for the big mining corporations at this point.  Yes some might rent and try to do it, but that is still not guarantee.

End comes down to join a pool.  Unless you are wanting to lotto mine, which you are right is more of a "Are you feeling lucky" type of situation.

We will never know but some might think this is true which is funny and sad.  I know some people ask me about bitcoin that would believe some of the things in video, I'm not sure where some non-technical people get initial bitcoin info but it can be off by a lot.

I don't think from views many will get "attention and many would be curios to know more about bitcoin" from this.   Which is good.  But still was a good joke on their part.

Something interesting they started a new topic here - https://bitcointalk.org/index.php?topic=1430539.msg14468525#msg14468525 and locked it after posting:

We are seeking individuals WHO are extremely knowledgeable in all areas of bitcoin mining.

We have bitcoin mining experience, but wish to obtain outside perspective on our project and goals, to avoid the pitfalls of so many.

If you have experience with ASIC design, PC Board Design, Controller, and/or software experience for monitoring miner(s), please contact us.

We/You may need to discuss confidential information, inasmuch as both parties would benefit from a mutual NDA.

If you feel you can assist us, please send a PM to us, as we will be locking this thread to avoid unnecessary distractions in our goal.


So not sure what their motive is but seems they are back with post they did above and locked in a new topic.   I think they will find out they need to tell more before most would touch a NDA.   

Thank you for posting I wondered what they would look like.  I am not sure what to think of new blackplate with warranty sticker.  It does seem adding a second fan like I thought might be a good idea... will void warranty so crappy idea.

Guess we will see how they operate with new higher RPM fan.   Hopefully it all runs good and 2nd fan we see is not needed.  I don't have one to test out but some might be like my mining area using lots of CFM's to cool miners.  Hopefully if one would fail in my mining area the CFM's from big fan's would still keep it in a safe zone.  Or at least allow it to safely turn off without getting horribly hot.

Once I got gigabit internet is when I realized how slow some of the old protocols are.  Also a lot of routers are to to be able to handle a gigabit connection it made me look into much higher routers then I normally buy.  I ended up with nighthawk gear with AC wireless.   

I personally will never be using the R1 for a router myself.