What does it cost you to run 12 S3 units? Lets look at that shall we?
You kinda forgot the most important fact. When the S3 starts hashing.
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Time for our monthly update on Monarch ship dates: http://www.butterflylabs.com/monarch/Oct: "November / December Initial Shipping" Nov: "November / December Initial Shipping" Dec: "With that in mind, our current schedule is on track for shippments to begin towards end of year." Jan: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in January 2014." Feb: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February, 2014." Mar: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February, 2014." Apr: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February, 2014." May: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in May, 2014." Jun: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in May, 2014." Jul: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in June, 2014."
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(Though this is all without regarding the very real risk of forgetting— almost no one is prepared to deal with cryptographic secrets which _cannot_ be recovered if lost, and most people drastically overestimate the strength of their memory)
Which is it? Are the secrets hackable, or are they unrecoverable? You can't have it both ways.
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Ignoring the fact that repeating the same thing is simply stupid I will just tell you both that the S3 is out of stock so you can't order it right now.
Uh, no it's not.
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Key stretching does nothing to improve entropy, which is the real problem with so-called brainwallets. It is simply impossible to have a human-chosen passphrase as a secure key, no matter how you do it. A high-entropy passphrase will almost certainly be very difficult to memorise for a human.
As fireduck mentioned in his detailed blog, http://correcthorsebatterystaple.net/ is one example of a method to generate a highly secure, easily memorized, brain wallet. It's not "impossible". It just needs to be done carefully. Here is my brain wallet, generated from correcthorsebatterystaple.net. Hack it and win 1 BTC! https://blockchain.info/address/1LyoCGuuBQzqKintFHsgNEm5ZDR91prUku
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Since AMT is on the delete rampage, here's some more deleted posts. Why is it a big deal if they were operating from a lodge? I don't don't care if the chips are arranged in a compass and square arrangement as long has it hases and does so safely.
Because of this little lie: https://bitcointalk.org/index.php?topic=304605.msg5586157#msg5586157We don't know anything about masons.
Really out of this whole situation, that is the little lie that bothers you the most?
Bothers me? Not at all. It's totally hilarious! "We're not masons, our office being in the lodge is just a coincidence!" ROFLMAO. Did anyone besides me who had issue with their fedex delivery bother to call? I just wonder so I don't look like the lone loon here tell you that the issue was on their end. Unless that was some sort of conspiracy, AMT or their true owner the masons, were using their power and influence FedEx.
Well now it's obvious why FedEx couldn't find it. Their new "office" isn't a real address. It's the back door to the lodge. What are the requirements to be able to enter their "office"?
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There we go. A couple more blocks solved. That'll help the order payments go through.
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Don't worry much. Bitmain is pretty good about shipping units that have been paid for.
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bitmain broke the blockchain-the darn thing does not move
Ouch. Only 2 blocks in the last 80 min.
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wow impressive. secondary heatsinks, secondary fan, and covers. these are going to run nice and cool.
And it will survive most shipping mishandlings!
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This deserves a facepalm. You try buying 30000 btc at $600 in 1day and tell me if you succeeded without pushing btc above $800.
Why all in 1 day? This auction is taking over a month. I guarantee I could buy up 30k btc in a month without moving the price a noticable amount.
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No way! AMT's office is in the back of the Masonic Lodge???
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Wouldn't it make sense to put this stuff in the Namecoin blockchain?
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If BTC went up to $2000 during July, even the 7w/GH BFL equipment would start coming back online again and making small profits
Exactly. Hashrate follows price. I expect the next bubble to hit before the end of the year. Combined with the heating benefits of running miners in winter, the hashrate is going to be crazy high by the end of this year.
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You've already done enough damage to this company,one which actually tried from the start with the best intentions and is still trying where most didn't and where most have just given up. Just let it go, and maybe you'll get a refund with the others. Otherwise the same enthusiasm and efforts you've thrown into this will come back at you two times fold later on. This is just a forum, but your crap has had a direct impact on clients getting their machines, and a direct impact on the progress of alternative solutions after IMET botched the job. If we didn't loose two months dealing with your bullshit everyone would have been mining by now. Your very nicely timed, and very poorly executed "class action" is just another obstacle to overcome.
A lawsuit is what you get when you lie to customers and fail to deliver. Don't try to blame your customers. You are the failure.
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There are going to be a lot of embarrassed punters around here next month when KNC starts shipping a 6TH Neptune.
LOL. In your dreams. Anyone find a 6TH Neptune yet?
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Direct question, is your Monarch refund being handled the same way as any other customer's would be?
I waited until it was 6 months old to request it and beyond that I waited. You conveniently left off that you received your refund before other customers who requested their refunds before you. Lies of ommision are still lies. That was out of my hands. I am not the one who makes those decisions. My father worked at Lowes, he got an employee discount, maybe it is a similar thing, I did not ask. Yeah, you see the question was asked? You failed to answer truthfully. We all know your refund was not handled "as any other customer's would be". As an employee, I am not like any other customer, so the question is really invalid. The only customers I could compare myself to are other employees who purchased and requested refunds and as far as I can tell I received no favorable handling over any of them. The question is quite valid. A truthful response would be "No, my refund was not handled like other customers, because I'm an employee."
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Whatever man. Antminers are 350 watts for like 180gh. And a SP30 is going to be 6th for 2600 watts. Sort of a huge difference there. The difficulty makes it so that the guy earning .0000001 every week can be pooled together with thousands of other old contracts and put on a single miner that is modern and earning more than they need.
What you don't understand is they can't afford to buy SP30s, unless they're using new customers funds to buy mining equipment for old customers. Their continued operation requires new customers, or they will fail. That's a ponzi.
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Direct question, is your Monarch refund being handled the same way as any other customer's would be?
I waited until it was 6 months old to request it and beyond that I waited. You conveniently left off that you received your refund before other customers who requested their refunds before you. Lies of ommision are still lies. That was out of my hands. I am not the one who makes those decisions. My father worked at Lowes, he got an employee discount, maybe it is a similar thing, I did not ask. Yeah, you see the question was asked? You failed to answer truthfully. We all know your refund was not handled "as any other customer's would be".
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