Waarom komt iedereen eigenlijk vandaan? Ik woon in Leiden en werk in Amsterdam.
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4 times the power and 20% less speed iirc, combined a factor of 5 in Mh/$
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The net effect of this will allow for gigaminers to be one of the first to join in on ASIC profits when this equipment starts to ship.
How do bond holders benefit from you -or anyone else- acquiring several terrahash? AFAIK you dont sell shares, but bonds who's value is directly and inversely related to difficulty. Your 4 minirig SCs alone would push down your bond holders value by some 20%. That being said, I am considering creating a new security, where holders of gigamining could volunteer to upgrade their gigamining bonds to the new bond, plus a fee. This would both keep the existing gigamining contract intact and would allow for an upgrade path for those interested in doing so.
All of this is still many months away, so until then, gigamining will remain at 5Mh/s. When the mini rigs arrive, we will still celebrate with 110% coupon payments for three weeks. Looking beyond, gigamining will continue to be both the largest and best perpetual mining bond in existence.
My guess? I assume the new hardware costs the same amount of money as the old hardware, the speed of the new hardware is 100 times faster, so the new bonds will be 500Mh/s. The old bonds has a value around 1.1BTC before arrival of the asic's, the new bonds will be released at 1.3BTC each. The holders of the old bonds can choose to upgrade the old ones to new ones for 0.5BTC each. I assume I have the numbers all wrong, but this is how I personally would do such a thing. I hope gigavps thinks like me and does something like this.
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And why didn't I get them?
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You should not use a linear scale but a logarithmic scale
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What if you shift the clock of the middle ring? Maybe the voltage internally in the chip in the middle drops to much each clock edge.
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What is the calculation that must be done?
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How do you know who send which donation?
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For me the site is working.
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Hack and slash should be played with a real hack and slash character, so mine is a barbarian at level 58 at the moment.
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I really doubt if anyone will use it the way you describe. Personally I have invested around 24 BTC on glbse (planning on buying more bitcoin) and consider myself as a small investor. At the moment I have around 0.11 BTC in my balance. For 0.003 BTC each I can buy 36 of your shares, they will give me 0.000004574320992 BTC a day extra, on a year it is 0.00166962716208 0.00166962716208 / 24 * 100 = 0,006956779842% extra profit.
/edit Your bitdust profit/day is wrong, should be 0.0000063532235831 Will give me 0.0002287160489916 a day, 0.083481357881934 a year. 0.083481357881934 / 24 * 100 = 0.347838991174725% extra profit for me.
For smaller investors it will be better, someone with a total of 2.4 BTC invested will have 3.478% extra profit.
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If it is so easy for them to make an asic and do 51% attack. Why would it matter if we use cpu, gpu, fpga or asic?
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There is no reason to change the algorithm because it is not broken. If you choose any other algorithm it can also be implemented in asic. If you change it because 'asic is to fast, it is not fair', the algo should have been replaced with scrypt (like litecoin used) the moment gpu miners became active. In my opinion the algo won't have to be changed even when quantum computers will exist, they can reduce the cost of finding a collision from 2^256 to 2^128. Not sure if they are also good for mining though.
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On an asset's information page, there is an "Old motions" link, but I didn't see any 'Outstanding motions' link. Maybe I just didn't look hard enough?
Scroll all way down. Security issued: xx Old motions Mail security issuer Right. I believe the old motions link refers to a list of past motions that have ended, whereas an outstanding motions link would list motions that you can still vote on. Sorry, didn't read your post correct. You asked for outstanding motions. Isn't that the 'Motions' link at the top in the menu between mail and settings?
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Oh, some computer hippies make their own money with some cpu's everybody can buy and sell if it fails.
Oh, the same computer hippies now use gpu's to do the same thing. Some even place rack's full of computers with multiple videocard in each computer, starting to get more serious, but still something they can easyly resell if it fails.
Nice, multiple parties are building fpga cards and lots of people are buying them. Not all cards are easyly resellable so lots of people really invest in bitcoin and have confidence for it to succeed.
Woow! A company invested 1 million dollars to build even faster miner with an ASIC. This must be something lots of people want so it will succeed.
That's how I see it. ASIC gives more trust in bitcoin than the more 'simple' ways of mining.
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On an asset's information page, there is an "Old motions" link, but I didn't see any 'Outstanding motions' link. Maybe I just didn't look hard enough?
Scroll all way down. Security issued: xx Old motions Mail security issuer
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Again, why? The bonds I have are still 5 Mhash/s. To me it actually gives more confidence because it makes him a bigger player so he can do certain things more efficient than smaller players.
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You have to disclose this information. Or to keep the matters separately. Didn't you issue the next round of bonds for 1.50 though?
Did you sell this last round to private investors for 1 btc? Doesn't seem too cool to do that but whatever I sold right before the price went down
The last round was sold to private investors. Usually when their are bulk purchases (greater than 1k bonds) buyers usually insist on slight discounts to the current price. Why? There is nothing about that in the contract.
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What generates the most heat? From what I remember from school, the changing from 0 -> 1 -> 0 costs energy and thus generates heat. If you make a design that just uses all the flipflops and changes from 0 -> 1 each clock and 1 -> 0 the next clock and then clock it as high as you can, will that make the most heat?
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