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1781  Bitcoin / Mining speculation / Re: I have 3 Million USD to invest into Crypto Currency - How should I do it? on: May 20, 2014, 07:28:34 PM
Hashratio is $1/gh for large orders (200+ units) (no preorder)

Competition doesn't even compare.
1782  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 20, 2014, 06:34:10 PM
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6. I have never and will never pay that 30BTC, as I've just said, its ridiculous. I have heard MPOE and Pankkake's argument for it and I don't think it holds in any context.

There are two reasons for the 30btc fee which are much simpler than you'd imagine.

First reason is simply profit (almost all of which going to mircea himself). 30btc profit per new user is more than most companies can say.

Second is referral scheme. You and your referral get 10btc back each every time you refer someone.

Without the fee there would be nobody to perpetuate the scam.
1783  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 20, 2014, 06:30:20 PM
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5. If you look at this in another light, this definitely conflicts with the point you made in number (3) Which says that they make large bets to make their own profit.

Are you saying so many people make late bets that that in and of itself is making more money than they are by actively rigging bets? Does this mean that they have very low transaction fees too then?

Somewhat correct. Fees are not exactly low at 1% but their profit from fees is about equal to what they earned by stealing late bets.

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jimmothy was referring to F.MPIF, not S.BBET

Yes but surprisingly both companies owned by mircea will be house betting on bitbet (against eachother?)

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Running a passthrough, however, might be a business opportunity.

This might be a good idea to list on cryptostocks. Wouldn't work on havelock as they charge 1btc/month and excluding mircea buying a million shares the first day, mpif has hardly sold above 10btc worth of shares in weeks.
1784  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 20, 2014, 06:09:33 PM
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MPEx securities aren't bad

I lol'd. I take it you've invrsted in mirceas new just-dice/bitbet fund?

I will admit that you are much less likely to lose money on mpec with mircea cooking the books. It's almost impossible to lose money on a good ponzi until it collapses.

I know nothing about MPEx securities but BitBet actually looks pretty cool, especially if this found its way into the mainstream. Where anyone can make their own bet, that has a lot of room of potential. (Television Shows, Sports, E-Sports, Elections, Company performances, Crypto prices. It's pretty endless) I haven't actually used it but I've followed the bets and I think there is a lot of room for growth and profit. Though 30BTC to even get into MPEx investments, seems a little ridiculous. If BitBet appeared on Havelock, I wouldn't be against switching my dust of AcTM into dust of BitBet.

You should really do a few seconds of research before backing a scam.

Anyone can make bets on bitbet but only the management does and they decide the outcomes.

Management also creates a large amount of bets and determines the outcome of their own bets making them profit.

They also steal late bets. All bets sent to btc address after bet is resolved is considered a "donation" or profit.

Stealing late bets has literally accounted for about half of their entire profit last year.

Btw the 30btc on mpex is the fee you have to pay so mircea can keep the stocks pumped.

Even with unfair house betting and stealing all late bets their company "valued" at 5000btc earned a staggering 130btc last year (75btc from stolen bets) and this last quarter they earned an impressive 3btc.
1785  Economy / Securities / Re: [Active Mining] The UNofficial Active Mining Discussion Thread [UNmoderated] on: May 20, 2014, 05:55:55 PM
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MPEx securities aren't bad

I lol'd. I take it you've invrsted in mirceas new just-dice/bitbet fund?

I will admit that you are much less likely to lose money on mpex with mircea cooking the books. It's almost impossible to lose money on a good ponzi until it collapses.
1786  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: May 20, 2014, 02:53:04 AM
If SP can go from 192 Hammer chips in 40nm == 1.4TH (SP10) to 30 RockerBox chips in 28nm == 5.4 TH (SP30) just through a die shrink,
that is an increase in GH/chip of from 7.3GH to 180GH or a factor of ~ 24

Applying the same scaling from Jupiter to Neptune  would give you a ~ 13Th machine so is 5-6TH so hard to imagine ?

The size of the spondoolies next gen chip is much larger than their first gen. 7mm vs 19mm(?) so it is much less dramatic than 24 times.

I think you should expect about 2 times the power density per die shrink.
1787  Bitcoin / Group buys / Re: ***Spondoolies Tech SP10 - Shipping NOW - 1.4-1.45Th/s - $2,900*** on: May 20, 2014, 02:39:46 AM
I think this is a huge failure on enermax part. There is no reason the psu fans should be 80db.
1788  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 02:36:26 AM
Don't mean to draw this out anymore, but proof of a completed miner please?

Who said anything about a completed miner? We are talking about specs which have been tested.

Which part of my comparison do you disagree with? Or are you just disagreeing for the fun of it?

If it's not shipping in a week or less, it's pixie dust, simple as that.  

Has Dogie or one of the BCT community reviewed these units yet?

You have a link to a completed miner?  Minion asics are out, but no fully assembled or completed miner yet.

Not disagreeing for the fun, just answer the question.  Where's these miners you speak of?

Can't talk about benefits or advantages in theoretical land, no?

There is nothing theoretical about their minion tested to be overclockable to 120gh and draw up to 0.7w/gh at the wall. Nor is there anything theoretical about the psus they are using. Nor is there anything theoretical about the 1.25u case being a gimmick.

This guy was saying we should all cancel our preorders (which we all acknowledge do not exist yet) and I simply disagree with his reasons.
1789  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 02:32:56 AM
However hashratio is shipping now for half the price of spondoolies or blackarrow.

Link please?  A search of the entire forum for "hashratio" yields 2 posts - one of them yours.  The apparent web site www.hashratio.com announces only pre-sales.  If Hashratio is actually selling product, would love to see specs, reviews and sale links please.  Not a troll - I really am interested if its true.

CEOs blog:
http://weibo.cn/zhaodong1982

Hashratio has hardware in hand. Lightningasic is reselling for $1.5/gh (no psu) and hashratio $1.4/gh or for 200+ units as low as $1/gh (not sure if this is exact)

You would probably have to email hashratio directly to order.
1790  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 02:22:54 AM
Don't mean to draw this out anymore, but proof of a completed miner please?

Who said anything about a completed miner? We are talking about specs which have been tested.

Which part of my comparison do you disagree with? Or are you just disagreeing for the fun of it?
1791  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 02:17:03 AM
The fact that they're out and shipping makes them better than BA, Shillothy.

Agreed. The only benefit of buying a sp10 will disappear as soon as BA begins shipping.

However hashratio is shipping now for half the price of spondoolies or blackarrow.

Lol it's cute because you base your whole argument on imaginary products.

Which products are imaginary? Hashratio? Blackarrow?

Just because they haven't began shipping doesn't mean they don't exist.
1792  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 02:06:51 AM
The fact that they're out and shipping makes them better than BA, Shillothy.

Agreed. The only benefit of buying a sp10 will disappear as soon as BA begins shipping.

However hashratio is shipping now for half the price of spondoolies or blackarrow.
1793  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 01:12:01 AM
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Spondoolies seems bent on killing off the bad competition.  Maybe we will see further price cuts that will really put BA to the flame.

Idk about that. Spondoolies has just now lowered their price to $2.1/gh compared to hashratio as low as $1/gh

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if anything, its the other way around - the 1.5U case, server power supplies, and easy overclocking make it a pretty compelling offering esp vs the unknown specs of the BA system

None of these things make spondoolies a better offering than BA. Both have high end psus and both will be overclockable (minion has already been demonstrated to overclock 20% just about matching the hammer chip)

And the 1.25u case is useless. You cannot possibly cool 1kw/1u without some extreme cooling. Seems like most people are using 5 miners per rack which means they could have made them 8u and it wouldn't have made a difference.
1794  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 20, 2014, 12:42:19 AM
Spondoolies is shipping in stock 1.45 TH/s miners for $2900. They also use .7 w/gh, it seems they have BA beat in price and power efficiency.

Its actually only 1TH at 0.7w/gh.

However Hashratio is selling miners for $1.4/gh ($1/gh to large customers)
1795  Economy / Securities / Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE on: May 19, 2014, 11:39:36 PM
Don't speak chinese. Can you translate?
1796  Economy / Securities / Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE on: May 19, 2014, 11:31:32 PM
Has petamine considered using AM chips to make their own miners? They could get 2ph instead of 1ph for 3700btc (assuming they could match hashratios production costs)

I order from hashratio 3 months ago, nothing here.. and many are unhappy with them.  meanwhile bitfury HW is deployed beginning next monday.


What did you order from hashratio?
1797  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 19, 2014, 11:27:37 PM
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OEM service starting order amount: 1,000,000 RMB.

Our OEM price of about 5,000 yuan / sets

About $1/gh.. Not bad if you have 360btc.
1798  Economy / Securities / Re: [HAVELOCK] PETAMINE - NEW IPO, NEW HARDWARE, 1,500 TH/S HASH RATE on: May 19, 2014, 11:17:45 PM
Has petamine considered using AM chips to make their own miners? They could get 2ph instead of 1ph for 3700btc (assuming they could match hashratio production costs)

Or they could just buy about 1.7ph from hashratio for 3700btc.
1799  Economy / Scam Accusations / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: May 19, 2014, 10:55:31 PM
Has petamine considered using AM chips? If they can produce the miners themselves and match hashratios production costs they could have 2ph added instead of 1ph.
1800  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: May 19, 2014, 10:37:51 PM
Where is the information about the rockminer solo farm?

Somewhere in rockxies ipo thread. IIRC theyhad a goal of selling 10ph.

Looks like hashratio solofarm is up to 115th. Soon to be 1ph:

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in a few days it should be deployed between the 500T-1000T, please God fish testify!

Side note: I don't think we should expect the first batch of chips to be sold for much more than $0.5/gh considering hashratio manifacturing costs are about $0.8/gh for complete miners.

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Currently we use roasted cat chip production mining machine, stand-alone costs about 4,000 yuan / 768G (overclocked 800G), which is about 5.2RMB / G (without power)

Hashratio info from http://weibo.cn/zhaodong1982
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