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don't rent the space. mine on your own. buy used s-3's 75 to 85 usd each. even less.
buy server psu's that run on 240 volts.
there are psu's sold on site for under 200 that will give 2880 watts that is 6 s-3's
so if you buy 6 s-3's for 500 usd and 1 psu for 200 you are out 700usd oh 1 16 port switch and a router
you can mine 3000gh. and jump to 6000gh for 700 more .
I can run 12 s-3's in a garage you can run 12 in a big shed easy.
you can see if you want a bigger expansion without betting your left nut so to speak.
6 s-3's + psu = 2400 watts 700 cash and 200 more for cables router and a switch
12 s-3's + psu = 4800 watts 700 cash and you will not need more cables router or switch
first money up 900 usd next set of money = 700 usd
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They are the smart company who decided to make money on just hardware and not self mining.
Most companies are more in it for all of it... At this point you can't do so.
I guess you didn't hear the news yet. Self mining (or transaction validation, which is clearly just PR) is what they (Spondoolies) are focused on now with the merger with Bitcoinshop, an OTC company. IF they go back to the good old days of just selling miners-I would be all for it. Welcome to the IT world... They build the hardware and BTCShop mines with it. No need to sell to the public at that point. They make money still on it. Home mining is slowly but surely dying unless its a hobby deal... And every idiot thinking BTC will die because of that needs to realize unless there is a major corporate backing your currency will fail in the public eye. One smaller forum can't change the world. lol. Edit: And also as far as reading so many post on hardware that I've personally owned and had no problems with... I would never want to sell to the public as a btc hardware producer. I private entity or two with people who know what they are doing would be the best way. I often wonder how some people who post on this forum are able to breath on their own or how they haven't burned down anything LOL. Never fails to impress me that about 1/3 of miners only know maximum overclock as the way to mine. May have been a good way when diff was jumping 30%. But with diff under 5% not so good. |
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what??? it's cakir man! not me  yeah 2.44 not 2,.24 congrats to cakir |
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what??? it's cakir man! not me yeah 2.44 not 2,.24 |
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philipma1957 here with my secondary account. I am running around FRI. SAT. and Sun. I like using this secondary account when not in my home. I was looking at block count for the day. https://blockchain.info/blockswe are at block 356582 -356467 = 115 blocks made from 00:00:00 to 18:06:31 so in 18.1 hours x 6 = 108.6 or 109 blocks we are 6 over for today. 31 over for the adjustment period. 1766 vs 1735 the 'real' number is (+1.78%)bitcoinwisdom's number of (+2.25%) is assuming continued high block days for the rest of today sat and part of sun. 31 over is pretty hard to drop back to under since we have just 250 blocks left. |
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Hey Amph Thanks for the link, I will follow it and see if they come up with a solution. And regarding the power, - I have testet the chains one at the time, and with the same cables and connections. According to notlist3d first link :-) So I dont think it is power. But thanks for your input, - High five to all :-) cheapest test to see if it is power is clock to freq 350 .. freq 350 = 1150gh x .51 = 586 dc freq 400 = 1300gh x .51 = 663 dc Once you clock to freq 350 run it and let us know. |
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Has anyone done the UNO upgrade for UNO coins?
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I think difficulty will double at least 7 times in the next 5 years. The numbers and rationale for this prediction can be found here: https://bitcointalk.org/index.php?topic=1053412.msg11324501#msg11324501We won't see the introduction of mining equipment orders of magnitude more powerful than at present, we will see the introduction of many many orders of magnitude greater numbers of low power devices in the 200ghs range, most likely by or in association with a public utility. wow so 50 bill to 100 bill to 200 bill to 400 bill to 800 bill to 1600 bill to 3200 bill to 6400 bill by may 2020. Let me wrap my mind around that number. So I did a calc with 6400b diff If that happens I need a 0.07 watt per gh chip I need 2 cent power I need 450 price And look what I earn a  If he is correct coins will be 1500usd or more. So he is in the buy and hold camp. |
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Slower day today less blocks made.
Price is at 225.70 coinbase.
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That money just disappears and goes back into the fiat economy in this endless stream to pay for electricty.
Actually, it doesn't disappear. It just changes hands from the miner to someone else that wants it. The miner has bitcoins. The electric company wants fiat. Someone else (lets call him Bob) has fiat and wants bitcoins. The miner must exchange his bitcoins for Bob's fiat. That way the miner can pay the electric company, but the bitcoins haven't disappeared, they've just gone to Bob that wants them. The loop is closed. I am posting with my none signature account. Just to: a) respect your legendary status b) to agree with this post and to add the money and the btc are closed loop just like money and gold. The biggest problem with BTC is it does not work as well for consumers as a CC does. No chargeback. No price protection No extended warranty No points earned for purchases No free loans as many CC's give you a 1 to 2 year free balance transfer not interest no fees. All of the above kills Joe consumer's interest in BTC. This means: inflation hedging Speculation an escape fund that your current government can't touch are good reasons to have btc. This lack of demand drives prices downward. efficiency- power cost- diff are all set in the loop. coin price can go way up or way down outside of the loop of watt/power cost/difficulty. Best way to look at it is 14 million coins at 225 usd = 3.15 billion usd I am Bill Gates you are Warren Buffet we make a bet lets see which one of us can own the most BTC the two of us can drive prices up to 2250 or 10x trying to win the bet . This demand would make price high and sip the fuck out of the watt/cost/difficulty triangle. |
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And closing out the night bitwisdom went down just a little bit more:
Bitcoin Difficulty: 47,610,564,513
Estimated Next Difficulty: 47,331,767,323 (-0.59%)
Adjust time: After 799 Blocks, About 5.6 days
Hashrate(?): 345,791,889 GH/s
Price is heading downwards slowly currently at 227. Hopefully it can change to up again, that would be nice.
Small move overnite and coins base is 223usd at the moment. https://bitcoinwisdom.com/bitcoin/difficulty (-0.82%)Bitcoin Difficulty: 47,610,564,513 Estimated Next Difficulty: 47,221,566,145 (-0.82%) Adjust time: After 728 Blocks, About 5.1 days Hashrate(?): 355,160,579 GH/s Block Generation Time(?): 1 block: 10.1 minutes 3 blocks: 30.2 minutes 6 blocks: 1.0 hours Updated: 8:45 (1.6 minutes ago) |
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I am philipma1957 this is my secondary none signature account as I promised I will not post here with my signature account more then once.
Here goes my opinion on the op after I posted to not sell the op any coins. He has fixed his issue. He does not need coins. So I guess my signature post saved the day here.
I realize some people do not like signature campaigns. They believe posters post just to make money. Which is why I am using this non signature account to point out that the op has fixed his problem.
He no longer needs us to sell him coins with a cc as payment.
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Please let us know when you get your refund. It seems like ebay is stalling you for your 385 usd refund. They dropped the seller from ebay yet you do not have a refund.
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@Philipma1957 do you have any new information on this?
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we are very close to 0.00 at the moment. https://bitcoinwisdom.com/bitcoin/difficulty (-0.02%)Bitcoin Difficulty: 47,610,564,513 Estimated Next Difficulty: 47,602,506,952 (-0.02%) Adjust time: After 1159 Blocks, About 7.9 days Hashrate(?): 333,121,679 GH/s Block Generation Time(?): 1 block: 9.8 minutes 3 blocks: 29.6 minutes 6 blocks: 59.1 minutes Updated: 10:10 (7.2 minutes ago) |
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What is your status with this any updates?
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looks like a carry over
Difficulty History
Date Difficulty Change Hash Rate
Apr 19 2015 47,610,564,513 -3.71% 340,809,696 GH/s
Apr 05 2015 49,446,390,688 5.84% 353,951,052 GH/s
Mar 22 2015 46,717,549,645 -1.50% 334,417,246 GH/s
Mar 08 2015 47,427,554,951 1.59% 339,499,662 GH/s
Feb 22 2015 46,684,376,317 5.01% 334,179,783 GH/s
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