These new boards will take about a year to pay off.....
I sure hope you have double checked your calculations on that one. Payoff on a rig box is well before the subsidy halves for me at least.
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These prices make almost no sense no matter how little wattage they use. Best value for the money is the mini rig box at $15k for 25Gh.
How did you order this? It isn't on the website. They are announcing the mini rig box this week. I originally ordered a couple rig boxes.
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So, the (illusive) BFL mini rig box sells for roughly 15k$, is supposed to have 25.1GH/s @ 1250W. Your (not yet public) company's product sells for roughly 10k$, is supposed to have 7.2GH/s @ 360W. That's 1.67MH/$ on BFL, 0.72MH/$ for your product. And 20MH/W on BFL, and the same 20MH/W on your product. @gigavps, sorry for the redundancy, wrote the message while you posted, but submitted it anyways... No the BFL is twice the wattage for the same hash rate. edit: I ment BFL BitForce Single Hi matthewh3, My rig boxes, ehm, mini rig boxes should be here in that time frame. As for this new fpga tech you speak about, it makes pretty much no sense to put up twice the amount of money for half the electricity usage. There comes a point when gains in electricial usage no longer make sense. This is pretty much moving from GPU (2-3Mh/w) to singles or mini rigs (10-20Mh/w). Anything over this doesn't save me enough money to put up TWICE the purchase price no matter how long I have to wait. But alas, we are both comparing vaporware. Well, except the mini rig box is reusing already proven tech. Best, gigavps
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There is a new company coming out and with that kind of money you'd get 6.4GH/s@320W with change as well from your $10,000.
edit: or 7.2GH/s@360W for just a little bit over $10,000.
These prices make almost no sense no matter how little wattage they use. Best value for the money is the mini rig box at $15k for 25Gh.
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50 BTC
Just last week you wanted out of this To good a deal to pass up at 50 BTC.
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That argument doesn't hold any water with FPGA's, so why not just skip the middleman and just buy btc?
The argument does hold water with FPGA. But instead of selling them, you would need to have other profitable things to do with them. ...for example... The firmware can be reprogrammed to work with hashcat to crack passwords.
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What are you to do in the unlikely event that tickets do not sell out ?
It would seem that this format of a raffle puts the pressure on purchasers to keep buying in order to actually have the drawing take place. It puts less risk on the person conducting the raffle. This is a good question though and should be spelled out in the OP.
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Seems that people now want to spam this thread so I'm going to lock it.
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I think 300 bitcoins for 100bitcoin prize is too large cut.
Let's do some math. 300 BTC - 20% donation (60 BTC) - cost of prize (112 BTC) == 128 BTC profit (42%) This does not include his time to make the site, setup bit-pay, deal with this thread, pick a winner, etc. So let's say that's 30 hours. 128BTC / 30 hours of work == 4.267 BTC per hour (~$20 / hr) If you think it is wrong for someone to make $20/hr in BTC to let forum members have a fun and a chance of winning a pretty cool prize, maybe you should try to do better while taking a smaller cut.
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thanks for pointing that out, they were working must be a closing </a> missing some place one sec Looks like they are wrapped in <form> without an action.
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I just tried to initiate a payout from your site and it says my bitcoin address is not valid. This worked in the morning so it looks like you guys just changed something. I have probably received 100 payments to this address.
Please fix this.
Thanks, gigavps
The payment daemon was being restarted. Try again now and it should succeed. I get the following error: Insufficient funds.
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I just tried to initiate a payout from your site and it says my bitcoin address is not valid. This worked in the morning so it looks like you guys just changed something. I have probably received 100 payments to this address.
Please fix this.
Thanks, gigavps
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I have a question. Now that we can see the share price fluctuate, which is also the moving average of asking price of the miners. Whats to say the price wont keep dropping? Because I as a miner might see the average and adjust my asking price accordingly so I get the most public work(which means lower than avg price). If I and a majority of miners do this, wont the price go lower and lower and lower? Wheres the incentive to drive it back up? Because....if you mine above average, its understood youll get less public time =(
You would also need to take into consideration the amount of hashing power. So bigger miners (over 20Gh) probably have a much bigger say in the price than smaller miners would. It would probably take the top 10 miners (in hashing power) to start significantly lowering their purchase price to see it decrease significantly.
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I have issued 500 new bonds (a total of 1000), at 0.36 BTC per bond.
Very interesting. Seems this bond is doing well.
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That argument doesn't hold any water with FPGA's, so why not just skip the middleman and just buy btc?
The argument does hold water with FPGA. But instead of selling them, you would need to have other profitable things to do with them.
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Thats because Capitalism has become evil in this country. Damn 1%ers! Where is my free college/job/health care/singles?!?!?!
TAKE CARE OF ME WHAAAAA.
lulz
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Hi I'm looking for the person who offered a mining contract that cost 0.5BTC and offered the mining of 250,000 shares or something to that effect. I forget who he is or if the offer is still open.if this offer is still runnning,please let me know on here so I can give info about the miner settings.Thanks
Check out www.gpumax.comOn GPUMAX 250k shares would cost you well over 12.5 BTC.
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