|
Paypal accounts are easy to steal or buy. Get the associated eBay account, buy a few dozen auctions for BTC at whatever price it goes to, and hand out your BTC addresses once the auctions are finished, raking in a huge amount of BTC and not caring at all when the legitimate account owners look at their Paypal activity and say "WTF is this???" and charge it back.
I've thought about some sort of website for buying Bitcoin with a CC or Paypal that just wouldn't let you have access to them for 180 days. But Bitcoin, I hold them in escrow for 180 days, then you can have them afterward.
Sounds like more trouble than it's worth though.
|
|
|
|
|
I am very doubtful. I think BTC could eventually be worth several hundred or even $1,000, but I don't think it will ever be as widely used as a government-issued currency.
|
|
|
|
400w is a lot of heat to dissipate out of a closed box.
No, it's not. Lots of servers draw 400w in a 1U case. 4U cases can handle well over 1000w, easily. Ok, fair point. I would argue that those 1U cases and the components within are specifically designed to withdraw that heat in a particular way, with hundreds or thousands of engineering hours dedicated to exactly that, but it does show it is possible. |
|
|
|
Time for funny story on cooling, BFL said something like we'd run into similiar problems like them knowing our design is completely different, e.g. rolled vs pipeline, we chuckled; since we are ahead, I'll say the same, I think BFL is going to run into some problems we ran into as well.
Anyways, cooling was the exact opposite, our units cool so well, we removed two fans. ZING.
Josh, What do you think of the mammoth case Avalon just released pics of? Do you think the PCB takes up the entire footprint? Did they do this to spread the ASIC chips apart because of heat? Just curious. I bet it's both... they use a lot of chips for each miner because of the 110nm process, which probably results in a largish PCB, and 400w is a lot of heat to dissipate out of a closed box. |
|
|
|
Got a question... a friend who is running Bitminter ran into trouble after his power supply died. He replaced the power supply, Windows ran checkdisk upon startup, and then BitMinter would fail to start, just stuck at this screen:  I downloaded a fresh copy of the "launch" app from Bitminter, no change. I installed the latest java (7.11) overtop the version that was installed (7.10). No change. I uninstalled java and installed the latest version, no change. What else should I try? |
|
|
|
|
Alright, that makes sense. How do we generate the Bitcoin address from the code? (windows machine here...)
|
|
|
|
because they have a shit ton of chips, PCBs, etc laying around doing nothing. Are you so rich to afford your money printing press laying around doing nothing? Nah he had others pay for the gear and he's screwing them. Yup from what I am aware of, giga ordered 4 BFL mini rigs. He must be pissed at how long it is taking to get them delivered and running. LOL! Not to mention he didn't pay for it....the people in his 'mining company' did. This by far was the best con here in my mind. The one where ppl were screwed and all the while they thought it was a good thing. Heck.. There is still some people left still willing to give him more money for a negative return. Who is getting a negative return? |
|
|
|
Batch #1 Batch Status: Shipping Unit Price: $1,299 Batch Size: 300 Units Duration: 9/23/2012 ~ 11/24/2013Payment Processor: Paysius Shipping Time: Jan 20th, 2013 Seeing as I invested in ASICMINER I truly hope shipping of the first batch will take till 11/24/2013 till complete  typo. also woah, who found/leaked the URL. note the information on it is not exactly complete. for the time being, the information on that site is subjected to change. Sorry, found it in a google search! Didn't know it wasn't meant to be released yet. |
|
|
|
Yeah, I posted that one like 6 pages back or something. |
|
|
|
Only small time, WHINGY, impatient miners have cancelled their orders. Also when the same 3 people keep saying 80% have taken refunds, it doesn't make it happen.
Fixed it for ya! also, I got money on a bet saying DIFFICULTY will be 100,000,000 by 1st Jan 2014. I'm confidant, how about you lot? The only way I see that happening is if the Bitcoin price goes up significantly from here... |
|
|
|
No Micon, I do not want to make the same bet you and MRB made. That bet is also based on whether they meet specific MH/Joule requirements, which I do not want to bet on. I want to bet on them delivering an ASIC device that works (creates valid hashes for the Bitcoin network) by the end of 2013, regardless of speed or power usage to at least two forum members that prove they are running (video or pictures or ??).
If you believe they aren't going to deliver (which is what you keep stating over and over again), you shouldn't have any problem with this.
When making a wager, both sides must agree. If you look at mrb's and my discussion, a standard practice is to suggest terms, then refine on both sides until both parties agree. To have a 20 coin bet with me I would like: -- statement of a certain Mhash/Joule that proves that this BFL ASIC is a significant step up from the current top miners - that is the point of ASIC - to hash the proof-of-work problem much faster and more energy efficient than current FPGAs, as I understand it the current top dog - they claim ~ 20x-30x as fast right? current FPGA top metrics around 25 Mhash/Joule? Let's find a number you and I are both comfortable with it - as your statement reads, BFL could ship you some thumbdrive that creates 1 valid hash using your CPU and you would win the bet. Also there is no need for taunting - I won't say to you "why won't you bet me at same terms if you are so sure BFL will ship an ASIC based on specs they describe?" - I will simply go back and forth and list out the terms that would make me accept the wager. What about a statement such as 10x shipments at 5x current top Mhash/Joule ratings? And excuse the newb-ness to mining, but what is top Mhash/J ATM? it is FPGA cards? Fair enough - I shall taunt no more. I'll bet that BFL will put out at least as efficient as Avalon's advertised specs. So that's 400w @ 60GH/s. Is that agreeable? It is a vast improvement over even FPGA's, where 60 GH/s would consume almost 6,000w. I'd rather not go as high as 10 end customers, simply because it might be difficult to find 10 individuals willing to post proof of ASIC delivery. I'm not sure that there's even 10 different people who have posted pictures of FPGA's. So then, my new bet proposal is this: I'll bet 20 BTC that BFL will ship out an ASIC miner capable of at least 150MH/s per watt to at least 3 end customers by the end of 2013. You have a bet if you make it by 7/1/2013 - they said they ship in Feb. and I don't want to wait all year for this bet to settle. Those 40 coins could be worth $10k by then and I may need a WSOP main even buy in I feel 7/1 is more than fair given the current timeframe directly from BFL, it keeps everything nice and clean for me, and even allows you months and months of further delays past their posted timeframe. If BFL is real, this seems like an easy win for you under these terms. Ok, I can agree to those terms. What's the next step? I don't entirely understand Casascuis' escrow system yet... |
|
|
|
No Micon, I do not want to make the same bet you and MRB made. That bet is also based on whether they meet specific MH/Joule requirements, which I do not want to bet on. I want to bet on them delivering an ASIC device that works (creates valid hashes for the Bitcoin network) by the end of 2013, regardless of speed or power usage to at least two forum members that prove they are running (video or pictures or ??).
If you believe they aren't going to deliver (which is what you keep stating over and over again), you shouldn't have any problem with this.
When making a wager, both sides must agree. If you look at mrb's and my discussion, a standard practice is to suggest terms, then refine on both sides until both parties agree. To have a 20 coin bet with me I would like: -- statement of a certain Mhash/Joule that proves that this BFL ASIC is a significant step up from the current top miners - that is the point of ASIC - to hash the proof-of-work problem much faster and more energy efficient than current FPGAs, as I understand it the current top dog - they claim ~ 20x-30x as fast right? current FPGA top metrics around 25 Mhash/Joule? Let's find a number you and I are both comfortable with it - as your statement reads, BFL could ship you some thumbdrive that creates 1 valid hash using your CPU and you would win the bet. Also there is no need for taunting - I won't say to you "why won't you bet me at same terms if you are so sure BFL will ship an ASIC based on specs they describe?" - I will simply go back and forth and list out the terms that would make me accept the wager. What about a statement such as 10x shipments at 5x current top Mhash/Joule ratings? And excuse the newb-ness to mining, but what is top Mhash/J ATM? it is FPGA cards? Fair enough - I shall taunt no more. I'll bet that BFL will put out at least as efficient as Avalon's advertised specs. So that's 400w @ 60GH/s. Is that agreeable? It is a vast improvement over even FPGA's, where 60 GH/s would consume almost 6,000w. I'd rather not go as high as 10 end customers, simply because it might be difficult to find 10 individuals willing to post proof of ASIC delivery. I'm not sure that there's even 10 different people who have posted pictures of FPGA's. So then, my new bet proposal is this: I'll bet 20 BTC that BFL will ship out an ASIC miner capable of at least 150MH/s per watt to at least 3 end customers by the end of 2013. |
|
|
|
|
No Micon, I do not want to make the same bet you and MRB made. That bet is also based on whether they meet specific MH/Joule requirements, which I do not want to bet on. I want to bet on them delivering an ASIC device that works (creates valid hashes for the Bitcoin network) by the end of 2013, regardless of speed or power usage to at least two forum members that prove they are running (video or pictures or ??).
If you believe they aren't going to deliver (which is what you keep stating over and over again), you shouldn't have any problem with this.
|
|
|
|
What you've done is a blatant violation of every code of ethics for forum moderation!
No, it's not. He corrected a blatantly wrong and sue-worthy thread title into something objectively correct in order to protect both the forum (from lawyers) and its users (from misinformation). His action is in fact one of only two correct moves a moderator of any moderately sized board can and should take in this circumstance (the other is deletion/removal of the offending thread). To be fair, hosts/owners of forums are 100% protected from lawsuit of libel/slander when said libel/slander is made by users of the forum. Website admins cannot be held liable for user-posted content, UNLESS it is court-ordered that they take it down and they do not comply. At least, that is the law how I understand it. |
|
|
|
|
Still going strong. I'm currently paying for about half of the block activity on this server. Lots of Bitcoiners here for sure!
|
|
|
|
|
BFL Singles are likely to remain worth $450-$500 until June, since they effectively act as a "$600 off" coupon for ordering new hardware.
|
|
|
|
I'm getting a lot of complaints that people though the subject meant the BFL wasn't honoring refunds, and people are irritated that they're getting worked up before discovering that becoin just wanted BFL refunds to act as a hedge against bitcoin's exchange rate relative to the dollar changing.... so I've changed the thread's subject.
Winning! |
|
|
|
|
Show Posts
