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In longer term I just do not believe the GPU has the future in main stream. I am not saying GPU mining will totally disappear but in larger scale it will.
The simple reason for this is they are way too expensive to build (GPU rigs).
There will be a significant drop in ASICs pricing in future which will make it more and more profitable to use them for mining. Currently the situation in ASICs is absurd one manufacturer rules the field BUT fortunately this is not going to be the situation very long. Currently there is lot of happening behind the curtains and we will see how it goes when others specially big houses will come out with their own solutions.
When supply will increase the prices will decrease.
When the industry will solve the current scaling issues which mainly are preventing the large scale adoption the need of mining activities will skyrocket changing the demand so high that home computer GPU mining fades away. It just cannot meet the demand (costs and availability).
Also do not forget the future ASIC models are inside a very different what they are today. How much and how they will change will see when we see how POW, POS etc. things will develop.
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Mr. CEX !
CAN YOU PLEASE EXPLAIN WHY YOUR COMPETITORS (KRAKEN.COM, GDAX.COM) CAN TRANSFER FIAT MONEY WITHIN 1-2 DAYS BUT YOU CAN'T (from you it will take something about 2-3 weeks) ?
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You can bet your ass on Bitmain not sitting on their hands the whole time...
In the end whoever can go in production first will be leading. Intel has shown that nm is not everything...
The 14NM Intel-chips are as effective as the other 10NM chips are.
Very well said. I feel strongly we will hear some news from Bitmain at the beginning of 2018 and would not be surprised to receive some new ASIC versions (maybe not models) even on the first half of 2018. It will be very interesting next 1-3 years in this battle. --- Innosilicon will be out of this game if they will not lower their pricing to the same level as their competitor. It is bs try to explain the price gap with quality or other nonsense. It is the hashing power per invested dollars which rules only until someone invent something really new in power efficiency. |
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yup S9s are quite good if you can keep them from dying lol, best thing. to do is order more than u need keep some in
reseve for the inevetiw faliures , i think they have a 30 percent failuer rate from the older batches, maybe new ones. are better tho, Thats why i ordered six, only needed 4 but two spares
With the current price of $1265 where you can (have to) buy by the BTC which you of course have purchased much lower price  it really is a good deal. Just look at it as an investment which will give you a pretty good annual returns. In long term stock market gives you 9% p.a. so from this point of view S9 is way much better vehicle  btw. I recommend you to run all of your units fully and if something goes bad then it goes. You should get better returns by this way. |
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Can you advise what $/day for Bitcoin cash is now, please ?
It looks like Antminer S9 (the latest 14THs version w/ $0.12/kWh electricity costs) will give you something about $17-19/d. Has been few days allready... |
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Almost 2 weeks for me. Ticket no. 337948
Dear moonoiz, we are checking your ticket, thank you for your patience. CEX, you really have to do somethin for these payment delays if you want to continue in this business. It is your customers money in question. Not yours. AT LEAST EXPLAIN WHY OTHERS ARE TRANSFERING FIAT MONEY WITHIN 1-2 DAYS FOR EXAMPLE KRAKEN AND GDAX BUT YOU CANNOT ?!Some day the customers will just get enough and there will be a huge snowball effect... mark my words! |
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I got 6 of the D3's for the Nov batch, the ROI is going to go down but I'm praying the price of BTC keeps going up because then ROI is still huge for a payback of at least 3 months and then anything after is just pure profit.
Lucky u. Don't worry. Fluctuations belongs to this game. It wasn't many weeks ago when pure bitcoin mining was somethin $2/day. Now it's $9 and Bitcoin cash (SHA256) much more. Just patience and you will be ok ! btw. There will be a new difficulty hit nov/dec when the next batch will be activated. But again just patience and it will settle. |
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...
Thus, IF he was to prove he was Satoshi, the Australian Gov't would want to be paid promptly and directly or he would go to jail.
Do you know was this "Gov't thing" around and known before or after he came out in BBC interviews and elsewhere he tried to prove something by his cooked programming scripts ? If it was after then it really is possible he just made a mistake to come public with his claims and vanished. In this case what you're saying can be viewed in a new and different light I think... But but... why he did any scripts while he could just do that signature thing ? -> 100% proof, no questions asked. 100% accepted by the community. Think about it: You are a Satoshi and after years you just decide "no I am not gonna take this quessing game anymore. I come out". Should you allready know that what you're going to offer must be a real proof. What is the most easiest way to do it? Well it is that signature thing what I told you earlier. I am sorry but this just smells way too much for me |
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Hey moderators!
So I cannot write about my opinions here ?
Look at the subject of this thread -> my post definitely was not off-topic !
I just wanted to say my opinion in this matter. I apologize the last line that was not a good behaviour from me so it can be deleted.
Here is the message without it:
--- My opinion in this matter is as follows:
The procedure for proving private key ownership involves a simple standard task. Someone sends you a message, you sign it with your private key, return the signed message to the sender who is then able to verify your private key signature with your corresponding public key.
Craig Wright has avoided this self-evident, simple procedure at every request.
What could be the reason for this ?
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Edit : reporting milagm for necro posting ~1 year and 1/2
ROFLMAO you just revealed what side you're playin in this game. Btw. This topic is NOT CLOSED, LOCKED or NEWLY OPENED TOPIC so people are free to comment. I think this is a purpose of the whole message forum systems. |
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I don’t find this statement consistent. How can it be that the total payment processing can take 20 banking days when CeX internally usually requires just 1 banking day and SEPA payments must be processed by the bank or payment service provider until the next banking day?
This is what I tried to say few post earlier. Only answer for this is they are playing with your money elsewhere and it will take time to return them back to you when you are asking. Of course you belong to a pool of other customers whos money is in question, but anyway the same thing. In well regulated business this is not possible or it is an illegal move... --- The question is why don't they come out and explain the real reason. Everybody is asking ? --- These questions are very dangerous for the business if the game is not honest and clear and should be taken seriously by the company. Sometimes it does not take much when panic hits and the snowball is ready to roll... |
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Fortunately Im not BUT IF I would be their financier/investor I would fire immediately the management team. They have ruined the whole business by selling overpriced promises  I was hoping so much this product could compete with the Bitmain's products but it badly seems this is not the case. Please Lord prove me wrong |
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Actually he said he doesn't give a fuck if you believe him or think he's a scammer, so sucks to be one of his butthurt troll haters who are going to miss out.
No he just made himself a ridiculous person. If he doesn't give a duck why in first place he claims anything knowing very well it will be quoestioned without a proof. What is the point I come out and say I am the Jesus and I will set up a media circus where I will show it to you by some silly cooked script code. And I still don't give a duck... no, it is just ridiculous and a lie. Think about it. The reason is written in all over those patent applications he has manufactured -> He's trying to steal Satoshi's legacy. It would be quite beneficial for him if people would believe him. But this is not gonna happen in this situation. Summasummarum:It is so easy to stop all this shit and do the damn signature thing. It doesn't take more than a minute and hes free. BUT for some cumbersome reason She doesn't do it muahhaha Uh oh this is sooo Funny. |
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The procedure for proving private key ownership involves a simple standard task. Someone sends you a message, you sign it with your private key, return the signed message to the sender who is then able to verify your private key signature with your corresponding public key. Craig Wright has avoided this self-evident, simple procedure at every request.Ha hah! What else can prove this guy really is a scam artist?  |
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...Took 9 days and the money was credited to my bank account.
...It has been 11 days now and I still have not received the money.
... 3rd request: Made on 15 September 2017. As of now (7 days after the request was made), it has not been reviewed and completed by the finance team....
Thank you very much for your information in this situation. If the banks are located in EU area the money transfer is normally 1 day not more than 3 bank days. In some other cases it may take 5 bank days. I just would like to read/hear what is the official reason for this. Why the company does not tell it for us ? This kind of delays are ridiculous from the past century and it creates a doubt the customer's money are used for other purposes than only for your trading... IMO people should think twice until doing business with this kind of service providers. |
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The price is ridiculous.
I can buy 6 Bitmain's D3 by the same money and will get 100 GH/s hashing power vs. their 37GH/s. This gives me over 2x more profits than with 1xA5.
Only fools will buy these units by this price.
Current earnings with $0.12/kWh are $119/d giving ROI about 3mo. BUT the profits will go down much more until we are in december.
Horrible pricing.
The correct price would been below $5k/unit
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Nooo this can't be true  So I am responsible what other traders are doing in the exchange  Leads easily to a situation where my hard earned profits or even whole account may be wiped even I am a profitable and in a good position. Holy cow this place started to look a very dangerous place... EDIT: After lookin more carefully this exchange I now started to realize how it is working and why. Now this "others may be in charge of trading produced by you" rule/mentality/practice does not look as ugly as it did at the first place. When it hits you of course you got angry and it is wrong you feel but if you think this: happens quite rarely and you actually have a real limited risk in your own trading the things started look a bit different. You must remember in traditional derivatives markets such for example the stock index and currency futures are your liability is not limited to the funds you deposited. If markets goes badly against you and you're not able to liquidate your positions traditional houses will come after you and you have to pay more to get out of the situation. Here in BitMEX this is not goin to happen. By knowing this you may tune your strategies a bit more riskier if you want and allways when there is more risk there is more possible rewards too. This all of course will rise the risk of the exchange business (and your money in your account) but I think they can handle this quite well by carefully planning their own hedging strategies. All this what I am writing is IMHO so please be free to correct/comment me. |
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