1 ASIC Manufacturer has done a runner 1 ASIC Manfacturer has decided to keep them all to themselves. 1 ASIC Manufacturer comes up with an excuse every day for why they never deliver 1 ASIC Manufacturer has decided to increase the price 4x because "trust costs $5000" Bitcoin is feked if it relies on ASICs or a distributed network.  |
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OK, please tell me, what is the price of people most valuable things "trust" should be? 500USD? no, 5000USD at least. You no accept card or paypal, you no trust, you create demand for bitcoins, push price higher. Bitcoin payment need trust. We use other payment now? Or you still no trust? |
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Yeah, measure it at the wall, the heat is electrical inefficiency, which is hard to calculate.
500Mh/s costs me about 160w
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Don't these idiots understand Bitcoin will die if there are only a handful of big players mining?
I goes completely against the principle upon which Bitcoin was built. Greed has got the better of people.
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I sometimes wonder if it's people needing BTC to buy Avalons that is driving the price of BTC higher! |
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With your fans on auto it would be quieter and they would last longer.  I have a PC rig running in each room, about 55-65c, 50% auto-fan, no other heating required. House is well insulated. |
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Yes Sage that's pretty much how Arbitrage Scams go.
You take money for a "get rich quick" scheme and invest it until the punter gets fed up of waiting for a return and asks for it back.
You then pay them back in whichever currency was devalued and skim the difference for themselves while all the time having a free loan for equipment/investment.
This is the reason there are consumer laws saying you cannot take funds until you can ship within 30 days.
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what do you suggests if we want to achieve something around 1.5 terahash/sec? Avalon is the only game in town. |
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Lol, I came across this while surfing the web... Sociopaths are masters at weaving elaborate fictional explanations to justify their actions. When caught red-handed, they respond with anger and threats, then weave new fabrications to explain away whatever they were caught doing. How to spot a sociopath http://www.naturalnews.com/036112_sociopaths_cults_influence.html |
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Just make a pool and point them to the pool address. Nvidia are back in the game with Tesla S2070 (750 MH/s*)? * rpcminer-cuda, Linux, CUDA 4.0, 8 instances (-gpu=0 through -gpu=7) https://en.bitcoin.it/wiki/Mining_hardware_comparisonUnless you have access to funds for a Titan super computer it's gonna be hard to source any in quantity though. latest CUDA version (3.3, I believe) Cuda 4.0? |
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Yeah, people don't get that ASICs don't produce more bitcoins, they just take more share. I can imagine 2 hedge funds spending $millions of investors money on them and each wondering why they never produce more coins.  Truly the ones making out big in the gold Bitcoin rush will be the ones selling the shovels ASICs. |
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I saw this today and thought it might interest you... Please email us at claim@tradehill.com and I will put you in touch with the person doing payouts for the old company. Nearly all of the funds have already been claimed, and we would like to make you whole today if possible. The only information we need is the email address you had registered with. We will send an email to that address to verify, and then process the payout. |
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It's probably not sold, experience tells me that people turn up to ruin an auction and bid with no intention of buying. You see it all the time for online game accounts, they feel it's their justice to destroy the auction, because it's cheating.  |
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You've got Max keiser pumping Bitcoin big time to 550 million RT views around the world target $100,000 each!
Then you've Cyprus stealing from savers bank accounts (a one off they say)
Now we hear New Zealand is thinking of doing the same! (so not so one off)
Money is flying out of bank accounts and trying to find somewhere, anywhere else to go.
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I thought it was more suitable for someone talking about 7770s kinda money.
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They've already said the chips are confirmed to have worked, and with a high success rate. It's not IF they can get it to work, but WHEN they can can get the boards out the door.
I know they were testing the new chips, but it all went quiet, you seen any independent proof it works yet?Last BFL ASIC announcement was 15th March https://forums.butterflylabs.com/announcements/692-bfl-asic-status-2.html |
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