I predict that in the next 8 weeks or so, you will see BTC's difficulty explode, and a lot of people will be crying over their $10,000 ASIC preorder. "Difficulty" doesn't make sense to the buyers, all they see is money, so spending thousands on something that is unlikely to produce even a break-even return on investment makes sense to them. Those who got in on the Avalon batch #1 ASICs and those who received their BFL orders recently are the winners. The ones selling ASICs are the huge winners. The rest will be left holding bags of ASICs. Just my humble opinion  Respectfully, you are not a miner. Like many, you have dollar signs in your eyes, and immediately get turned off by the "bad" news. It doesn't work the way you've been thinking, unfortunately. Not that it's all on the positive side either as there are ups and downs. But one thing you are not accounting for is the price or value of Bitcoin as that difficulty increases. Think about supply and demand : what happens when something becomes rare and difficult to procure? Price goes up? I think so! Stop thinking about break even and return on investment - either be a miner because it's fun and/or to help protect that network (be part of something). If you did it right, you might be surprised to see positive cash flow - just don't expect it. |
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Get into mining for fun and/or to secure a crypto-coin. As a miner, finding shares/blocks can be fun and rewarding, but you are also verifying the transactions on the network - you become part of it.
Do a lot of reading in Wiki and Forum - there are many for different coins. If you are limited to GPU hardware, then you want to stick to "scrypt" mining. I found 5 Feathercoin blocks in 7 days (1000 FTC = 0.8 BTC) -- not bad at all!
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hey i am new to the bitcoin but do understand the basic workings. I have a question, How can I become a tester for new mining hardware and give reviews. I do not have the money to spend $20,000 on mining hardware I currently have 1 ASIC usb miner do plan on getting more but i am a new stay at home father and that's has it challenges and money i very slim. if any one can give me pointers or on who to contact please do any info will help. thanks.
Become a well known member of the community, whom hardware manufacturers might trust to provide a good review. An example would be a Journalist or a Blogger, apparently. Get to work! |
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But why though?  pump and dump probably. Anyone who wants to donate to this scam is welcome to by buying in. exactly. |
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Thanks for your post, pedrog.  |
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12 second block targets!? Wow that is fast!  |
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wow this thread has gotten large and out of control.  |
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But why though? |
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good luck and let us know how you managed with this setup.
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Thanks Seal - good work, and nice spreadsheet!
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I'm watching with popcorn.
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Thanks for the community alert - I enjoyed the read and feel better about myself.
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Number of posts does not reflect legitimacy. May I suggest you look for somebody with reputable Trust (like me)?
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It simply means no transactions were included in that block - it can happen!
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not an awful deal, if you can be trusted to deliver a fully legit and funded card number.. + use escrow in case it's not funded. |
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So is this a Traditional with swapped out truss rod cover and volume/tone knobs, so as to pass for a Standard?
Because there is a major difference between the two guitars: Traditional while slightly cheaper than Standard, offers a denser body mass (see old school weight relief vs. new chamber method).
IMHO, a much better quality guitar which should never be dressed down as a Standard. The only thing to hate on is the pickguard or the screw hole left behind after its removal.
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Extremes are bad. Then again, long live the Bitcoin.
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