All my computing life I have been taught and taught students how to compute things in the most efficient way.
Then you must really love Bitcoin. CPUs in 2010 where .1 J/MH, and now just 4 years later we're running ASICS at 1 J/GH. That's an efficiency improvement of 1,000,000% in just 4 years. Where else do you see such massive improvements in efficiency? |
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Even today, let's say they had enough orders to increase the network by a mere 10%, that would be 8,000 Imperial Monarchs. 8,000 x ~550 = ~4.4 megawatts of power usage. Ask one of the datacenter people what kind of space would be needed for this, what kind of power requirements, what kind of cooling would be needed, etc.
Nice strawman! No one ever claimed they built 8000 units and started mining with them all at once. The truth is, BFL takes pre-order funds, builds miners, then mines for profit with those customer machines. How many at a time? No one knows. But the fact that they do it is not under dispute. They stated such in court records. |
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So, yapyap, where were they doing all of this mining at?
BFL mines with customer equipment, and they own EMC, so it's pretty safe to say they are mining at EMC. |
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Still misleading.
How do the keep forgetting to update the page? Is it me or are they doing it on purpose?
Oh, they're not forgetting. They are updating their pages, but they leave the lies up on purpose. |
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I know may I have been an idiot buying from them.
Now how do you feel? |
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Saturday 17 May 2014, Amsterdam Bitcoin Conference: Panel: " State of the Bitcoin Mining ‘Arms Race’ " with: Josh (BFL), Sam(KnC), ..... http://bitcoin2014.com/ScamBand is getting back together!  |
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+ it would easily be double that in cooling and a facility able to host 375TH/s for 5 years that's a pretty serious set up you'd need your own sub station running that much power. It's most likely just a case of how long it goes on for now. If you have broke even already it's lucky but it's horrible to think it's probably other peoples money
They setup their ponzi in Canada, so the cooling costs for the imaginary hardware are only during a short summer. |
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If KNC delivers with this specs for on Neptune order:
2 x 3600 Gh/s
2 x 2100 Watt
01. June shipping date
There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible? |
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But all I'm saying is we are not getting ripped off here. BA is very close if not ahead of the competition in terms of cost/gh/efficiency.
The current compensation plan is about right if they ship everything next week. It's naive to think they actually will ship then. They should have demoed a full X-3 running by this point. It's safe to say a lot of people are rightly concerned about continued delays. |
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I'm talking about x3s($6000/3.6th). X1s will always be slightly more expensive per gh being a small device (requiring more parts per chip)
3.6 TH/s is a bit optimistic at this point. They don't have a single X-3 running at full speed yet. |
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I don't want to lug around a second phone. But I would swap in a new sim card, so just have the hotel provide local sim cards for the stay. The rest of the phone-related add-ons can simply be an app that is easily installed when checking in.
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Four months ago everyone was saying we would see 20 or 30% increases ad infinitum, which was ridiculous.
Another Josh lie. No one ever said the increases would go on forever. |
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if you assume that anyone runs antiquated hardware... which is insane
They already spent the income buying the hardware. How are they going to fund buying new hardware? New customers? Bingo! Ponzi. |
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Over 5 years that's $0.1008*(12*5)=$6
You don't see a problem with that? The cost of electricity alone is 3x what they bring in from each customer. |
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In all honesty, that is pretty sweet.
3 TH/s for free($6000 value) for Neptune customers.
Not really. The extra 3 TH/s will be delivered months later. |
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My assumption is that ASIC miners optimize for the "hashes per joule" metric, as did GPU miners over CPU miners.
Most ASIC designs at this point have been quick and dirty designs. Only two seem to have had "hashes per joule" as a primary goal, Bitfury and Bitmain. Both of those designs are at a huge 55nm, yet are nearly as efficient as all the other 28nm designs. |
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Besides, why am I hearing the manufacturing problems from you and not from the source AMT?
Because AMT knows they can't directly blame IMET, as that would be libel, and they'd just get sued again. |
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If you're going to do 50TH, forget the S1. Get 36 SP10s instead. Call up Spondoolies and I'm sure you get can a discount for a 36 unit order. Setting up 36 units would be a piece of cake.
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Dude a simple tax investigation against AMT and their famous Genno's stakes will bring Zipkin ass to jail guaranteed  All Capone story when everything fails this works for sure  But Zipkin is paying taxes and not hiding anything right poserko How would AMT pays state taxes when they're not registered with the state to do business in PA. |
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