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I plan on converting my BFL singles into ASICs
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2nd Place Winner!This makes me laugh every time. 
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Withdrawals take 3 - 5 business days.
We Have a winner! **However** There's some good stuff, Need to expand the contest a little: 2nd Place .5BTC 3rd Place .25BTC 4th Place .15BTC 5th Place .1BTC Honorable Mention .05BTC **Bonus** 1 ROFL Prize of 2BTC if you make me ROFLMFAO |
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Liberty Payout
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Re: Fuck you guys
June 16, 2012, 10:53:47 PM
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*Fixed
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Okay, so I am selling this amazing piece in what consists of a battery and a light, it is very useful in a way that cannot be explained. Warning: Light is finicky at times, has a mind of it's own. If you purchase now, you can get a 2nd light and battery for free! Want to see what is looks like? Checkout the images below. Starting price is 1 BTC. Does it Vibrate? |
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Whatchya got? Make me laugh, I'll be sending 1BTC Monday. Winner!Withdrawals take 3 - 5 business days.
**Added**There's some good stuff, Need to expand the contest a little: 2nd Place .5BTC 3rd Place .25BTC 4th Place .15BTC 5th Place .1BTC Honorable Mention .05BTC **Bonus**1 ROFL Prize of 2BTC if you make me ROFLMFAO 2nd PlaceThis makes me laugh every time.
3rd Place Winner!3:34 in the video. Bonus .5BTC for LMFAO, almost had me rolling! Honorable MentionHow many tickles does it take to make an Octopus laugh?
Ten-tickles!
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Why are some people seemingly under the impression that ASICs are 'evil' or 'a problem'? ASICs are not the boogeyman. They will be used for mining, just like FPGAs are this year, just like GPUs were last year, and just like CPUs were 2 years ago.
They are a natural evolution of an efficient solution for the proof-of-work problem that the bitcoin protocol presents. The fact that someone has the cajones to dump serious capital into development of something like this is evidence that bitcoin is thriving, in fact, growing. This is a good thing for all of us.
Yes, the large-scale deployment of ASICs will make GPU (and to a lesser extent, FPGA) mining obsolete. It will drive difficulty up to levels never seen before. That is, mining with GPUs and FPGAs will no longer be profitable. So what? Just like the arrival of GPU mining en-mass heralded the demise of CPU miners. So what? We either chose to embrace ASICs as miners, or we take our profits and GTFO of the mining scene.
What may happen is that when ASICs are deployed en-mass, the 'average miner' will have a farm that has 20x the hashrate of what they currently have. So instead of a 5Ghps miner being the 'average', it will be a 100Ghps miner. If that miner has $4k worth of GPU/FPGAs now, he can choose to 'upgrade' and buy $4k worth of ASICs. The difficulty will be 20x what it is now, so 30M instead of 1.5M. Bitcoins will still be $6 (they will still be generated at the same rate so supply remains the same).
And this all means that mining profits for the previously mentioned 'average miner' with $4k worth of 100Ghps ASICs will remain the same as they are now. If he is making 3BTC a day with his $4k 5Ghps rig now, he will continue to make 3BTC a day with his $4k 100Ghps ASIC rig. Nothing changes.
This is 'evil' or 'a problem' how? It is only a problem for those who are currently invested in GPUs and FPGAs and who don't want to change. Change or die. That's how it's always been. It was the case with the CPU-to-GPU transition, and we are seeing the beginnings of it now with the GPU-to-FPGA transistion, and we have already been warned that an FPGA-to-ASIC transition is looming. No one is forcing us to continue mining, but many of us will.
Plain and simple... Well put. |
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Yes, we'll be posting more information about the SC products later on tonight this eon. At the moment we're packing first run Mini Rigs mining until the postman gets here after having completed initialization dusting of the production line due to the many fans your the mini rigs.
FTFY! Really though, BFL is doing well at what they're doing. They have the best mh/$ value mining hardware, therefore the advantage of being able to do whatever they want with their business model. If you have any complaints, don't buy from them. It really is as simple as that. But then what will we have to complain about? |
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Show us what you got, we would really like to see if any of you spent allot of time and effort into building his rig. Most voted rig wins the reward, good luck  BUt then I have to create and account and everything |
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Does anyone actually own one of these things? I'd love to buy one or two of them if I could actually see what they look like and get a detailed breakdown of whats inside.
None have shipped so far they claim that the reason they have shipped so few of the single units over the last couple of weeks is to work on getting these out the door plus they supposedly have big ASIC announcement due on the 15th of June that makes these machines obsolete. Dildogaf, nobody ever said such a thing. Quite the opposite, actually. We have two distinctly separate production lines. The singles are shipping in volume again and have been for some time. Believe it was BFL-engineer who said that in one of the threads and if by volume you mean next to no one on this board reporting much for shipping of their singles to them then yeah you must be shipping tons of them. Mr. FUD at it again. Are the only people who mine BTC registered on the forums? Do they all have to register here before they can install the bitcoin client? Do you have BFL's client list and know that only people registered on the forums buy singles or mini rigs? You would be wise to moderate yourself. If you need to take your anger out on someone, maybe you should look in the mirror. Bitter little troll yet again eh? Well it is certainly not FUD that you are not paying your bonds out of a 200gh/s farm which you don't have and I notice did not reply to that question when I asked it, again just another chime in to spread your personal attack on me once more. If you create an asset and sell X Ymh/s bonds, and don't actually have any mining hardware but still pay out what you should, who cares? Also, not paying your bonds out of a 200gh/s farm which you don't have Double negative, so you're arguing against yourself  Well the people who should care are the fools who are paying themselves with their own money/btc until it runs out.. I love my BFL Singles, but I have to say, I hope they're planning a late night announcement, or at least announce that the announcement is delayed. |
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I'm in need of lots of Facebook Likes. If you can provide likes for fan pages, PM me. It will be worth your while.
Job has been accepted.
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I'm looking to develop some basic sites for various categories, such as Dish Network, Home security, Disaster Recovery and so on.
I currently have a template in place that could be used by modifying the colors and images.
I would like a go to guy that I could rely on to make tweaks and changes.
Who's game? Shoot me a PM and let's get started.
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Grab a 7970. I Second the Sapphire, fantastic support.
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You guyswon'th ave to worry about delivery times for ASICs, I've already purchased the first 6 Months production, so when they start to arrive at my warehouse, I'll list them as available for sale and immediate shipment, at a meager 500% markup of course.
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I just pump glacial runoff to a heat exchanger so as to not infest my closed loop. Works like a charm. Although.... the coast seems to be receding lately...
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I don't know if it's the same where you live, but using tap water in a cooling system is illegal in my country.
The water distribution services and the sewers aren't designed for such usage. If you could do it, anybody would be able to create home built air-conditioning devices that would empty the water tables and put large amounts of hot water in the sewers (you don't want that unless you like large scale health/pests problems).
We do have home cooling systems that use the tap water in the west desert areas of the US, it's the evaporative coolers (Swamp coolers) on the top of houses. I once heard about those, do you happen to know how much water typical swamp coolers might use up per hour or day? cals.arizona.edu/pubs/consumer/az9145.pdf |
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I don't know if it's the same where you live, but using tap water in a cooling system is illegal in my country.
The water distribution services and the sewers aren't designed for such usage. If you could do it, anybody would be able to create home built air-conditioning devices that would empty the water tables and put large amounts of hot water in the sewers (you don't want that unless you like large scale health/pests problems).
We do have home cooling systems that use the tap water in the west desert areas of the US, it's the evaporative coolers (Swamp coolers) on the top of houses. |
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Nah, just typical BFL. They pop in and update when they want, being as vague as they want, ignoring as many questions as they want. Meanwhile, the fan club continues to make excuses for them and berate those that haven't drank the koolaid.
You couldn't've said that better! My Koolaid is producing 2.5BTC/day |
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