Well, it definitely doesn't add up. Unless he paid 0.1 BTC per SC. Or he bought them at the peak gave away 2/3 of his solidcoins to people. I call bullshit. CoinHunter, you either did not invest $10k as your claimed or you have a lot more SC. Which is it?

Wow, that is retarded. The USD has been around for a couple hundred years. Gold has been around for thousands (millions?) of years. Those 2 must be worth nothing then by your calculation of Value/Time around. I guess SolidCoin has the most worth.

There's really know way to know. You can count the number of miners on all the pools or the number of accounts on the exchange. That will just give you an estimate. For example, I've mined solidcoins and sold all of them for bitcoins for a small profit. But I wouldn't call myself an owner of solidcoins since I don't own any anymore.

And I can't imagine how he can claim that he can count the number of miners of the first million bitcoins on a single hand.

The dynamics of having the difficulty increase gradually is interesting. Also being able to so easily exchange them for bitcoins makes for an interesting decision for miners to sell for a quick profit or to hold and speculate.

SolidCoin has so far succeeded where Ixcoin and I0coin have not. Ixcoin's 580k premined blocks was too much of a turn off. And I0coin's bug in the retargeting code has killed it. I'm interested to see what happens to SolidCoin in the long run.

Here in northern California, I'm paying $.34 per kWh. So the math works out a bit better... still not cost effective though.

Well, that's a big failure. I guess this was never tested so it could be released so soon after ixcoin.

Given that i0coin price is down the drain, it would probably not even be worth fixing. Even if it was fixed, not many people would even bother downloading a new client. Most people have either moved on to SolidCoins or back to Bitcoin. Well it was fun while it lasted.

For the dual FPGA one, at $620 and 200 mhash, it will take a year and a half. It's definitely not very cost effective right now. But I'm definitely supporting this project.

I believe that. Keep up the good work. Looking forward to receiving my FPGA miners.

Please don't take this post too negatively. I do appreciate what you guys are putting in and I think you should be compensated appropriately. But in the future, please try to come up with better estimates on the price before you ask people to preorder. If you are going to say that >20 orders means $385, then you should stick with it. If not, please don't promise something that you may not be able to deliver. I'm guessing a lot of people ordered them expecting it to come out cheaper than $420 because they saw multiple people already pledging to order 10 of them. I ordered 2, so it doesn't make that much of a difference to me. But still... since everyone who preordered already have $50 in, if you don't give a discount, people will still pay you $420 each, and you guys can pocket the savings on the bulk order. I'm not saying you plan to do that, but there's really no incentives for you to pass along the savings to us since we are already committed to the $420 price. Know what I mean?

So the SheevaPlug might work if the mining software will run on ARM. But you still need to find a molex connector from somewhere. The usb does not have enough power.

I imagine in 1-2 years, you guys will come out with gen10 that is just a device (like the SheevaPlug) that has has 10x FPGA inside and a ethernet port. You just plug it in and it will mine at 1Gh/s. Now, that would be cool.

I just ordered 2 of the dual ones. Looking forward to them!

If I want to give this a try, what's the most barebone computer I can use? Let's say I want to build a dedicated FPGA miner. I can get a cheap motherboard since I don't need PCIe slots. I can go with a small PSU and if I do LinuxCoin on a USB stick, I don't even need a hard drive. If I want to go all out, how many of these can I put on a single motherboard?

When will this be available for pre-order?

The opening has been delayed for 1.5 hours. It's starting now...

For the visible public key, you should just use the address' firstbits.

I added a request in the development forum: https://bitcointalk.org/index.php?topic=37955.0

I thought I would make the suggestion here after seeing a post in the discussion forum: https://bitcointalk.org/index.php?topic=37892.0

Basically, it would be great if the bitcoin client makes it easy for a user to append a "satoshi code" to a transaction. The extra amount will just be a 1-1000 satoshis, which is next to nothing in Today's value. These can be used for identification purposes. For example, if Meze Grill might ask their customer to include the order number in the transaction to help keep track of which order was paid. So if you ordered 2.03 btc worth a food, you might send them 2.03000087 btc for order #87.

The "satoshi code" can be added to either the output amount or the fee amount. I think the fee amount makes more sense, because it won't benefit the merchant (no matter how little) and it also won't screw up their accounting. And you can still send payments down to the satoshi amount with a transaction fee of 0.00500087.

I'm sure there are all sorts of other reasons that you may want to identify a transaction. And obviously if you want to use "satoshi codes" to convey your own personal message, you can to. What do you guys think?

You know what, it's actually not a bad idea to have the official client support adding "satoshi codes" to your transaction. They can be useful for identification purposes.

For example, let's say you are at Meze Grill and send payment to their bitcoin address. They can just tell you to add your order number as a satoshi code to the payment. This way they can easily match the payment to the order and it would cost the customer next to nothing. I can see this being very useful for certain transactions.

Is that a valid bitcoin address?

Here's mine: 1Chocobogtn77Fw56kQvZmTVbkziCK4L24 (I go by Chocobo in other forums)
Another draw.

You kind of have to let the market sort this one out by itself. While it's more profitable to mine on the latest coin, people will do so. And speculators will speculate on the coin, which makes mining profitable. As more and more of these forks die and cause those speculators to lose all their money, people will wise up and not speculate on the next fork and mining on them will be unprofitable much sooner. So there will be less incentives to create them,

Mining i0coins is about 20x more profitable than mining ixcoins. So I guess I will continue to mine i0coins.

Oldminer, so are you Nasakioto or not? If so, does that mean you are also Fred?