WTF? Where's mh/j efficiency? I'm going to order 3 of them, if theyre better tha FPGAs in mh/j, with warranty that Bitcoin code will not be changed in future.
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What this bullshit is all about? Close this damn shithole.
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I always had instant transactions. And currently >1 hour! Mmm, love it!
UPD: Transaction disappeared from bitcoin charts >30 min ago and still havent received anything!
It is not a pool thing, it is a blockchain thing talk to the people at satoshi dice , tycho (who classes a free txn as having a cost so limits satoshi dice txns) and the bitcoin devs as discussed in this thread Ozcoin is one of the pools putting through the most txn. https://bitcointalk.org/index.php?topic=86129.msg963344#msg963344Rage away dude, its nothing to do with this pool, and we aren't rejecting any txn, but there is only so many that fit in a block (and of course we need to win one to include the txn). Sorry. Satoshi dice should be destroyed with huge nuke, really. It's a disaster. This stupid shit slowing down whole network. Btw I'm still waiting for my confirmation. And guess how much I've lost with this >2h waiting, still going.
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I always had instant transactions. And currently >1 hour! Mmm, love it!
UPD: Transaction disappeared from bitcoin charts >30 min ago and still havent received anything!
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' premium only' email sent I hope they were not delivered. Because this is most dumbest thing I've read in all my life.
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My humble prediction *gasp* *gasp*; We wont break through 6.60$ before not having fallen back behind 6.40$ (possibly to 6.30$). *gasp*
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Cmon, Singles are dead already, why are you interested in these bricks still?
I figured I'd have a better shot at acquiring Singles ( being a ?current? production item) rather than waiting for the next Product to be dreamed up and ' Launched'.... A few 'old school' ( as in Father-Sarcasm) sayings come to mind: - Don't hold your breathe..... - Don't hold your hand over your asshole...-...<insert next>..... You have to admit, from a Company Pride standpoint, it must make BFL extremely proud to be the butt of nearly every 'time' and shipping joke on the forum as well as a financial joke overall 'round these parts. No one ever doubted their product (OK, well, a few people did)....but everything else about them is simply comical at best. I mean, you can't even get mad anymore. It's easier to just have a good laugh at their expense, since they seem to be running their production lines at YOURS.... I don't give a damn, because I ordered nothing from them. I hope they're smart enough to catch that asic's are too early for this time.
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weee oh wait bitcoins are held by bitcoinica Thats good, isn't it? They should send them all to some dead address.
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Relax, cheap ASICs will be available soon for everyone Dreams... 4-6 weeks... Cheap? Will see...
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So, 'doing the rounds' as I tend to do monthly, I decided to get back in touch with Butterfly Labs in regards to possibly ordering 10 Singles. To my HORROR (and dismay) I was quoted a 'fair' shipping estimate of 10 weeks from time of Payment receipt.
ARE THEY FUCKING SERIOUS ? STILL ?
Short of sending them a reply to the email that I received (that I pray could explode hot-acid onto the face of the person reading it) I decided to 'run a few numbers'.....
Let's call BTC a $6 shoe-in currently, or better yet, let's call a BFL Single a 100 BTC proposition.
They want 1,000 of my BTC for 10 weeks, even THEN with no promise of delivery ? We all know that if BFL quotes 10, then it must be more like 14-16 weeks realistically.
So, let's call it 10. 10 Weeks, with me starving my BTCST Account of 1,000 BTC. During those 10 weeks, that 1,000 BTC stands to generate 56 BTC (on the first week) per week+ at medium interest (5.6%.....and of course, I would simply let it compound).
So, Week#1 of my 1,000 BTC generating 56 BTC profit, leads all the way up to week#10, at which time the initial 1,000 BTC would be worth just shy of 1,750 BTC.
With THAT in mind, I have to ask....
Does ButterFly Labs have a Pirate Savings Account that they leverage as part of their Business Profit Model ? (along with mining for 10 weeks with the proposed 10 Singles, generating an additional 35-odd BTC per week on 8,500MH/s, while the 10 units are being 'tested')
So, to summarize:
- 10 BFL Singles @ 1,000 BTC - 10 Week Pirate Savings Investment @ 5.6% Weekly = 1,750 BTC - Additional 350 BTC Mined while units are 'burned-in' (8,500 MH/s 10 Week PPS estimate) -------------------------------------------------------------------------------- 2,100 BTC / 10 = 210 BTC Per Unit, Delivered.
Cmon, Singles are dead already, why are you interested in these bricks still?
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Relax, cheap ASICs will be available soon for everyone Dreams...
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This is reasonable, and only time will tell. I just can't help but feel that the GPU market (as a whole) will move faster than the FPGA market due to demand and market size. Of course technology across the board will benefit from advancements, but I believe the larger and more profitable markets will see it first. Very very very unlikely. AMD just made a shift to 7000 series and performance (relative to 5000 series) was lackluster. AMD won't be making a new generation for at least 18 months. Current 45nm FPGA compete well with GPU in all but the lowest cost areas. 28nm FPGA will eliminate any remaining advantage and ASICs will make GPU mining look as stupid as CPU mining is now. GPU mining is dead. Time will only worsen the relative comparison. Note this comes from someone running a 15GH/s farm all GPU farm. GPU being dead indicates that bitcoin is growing fast, and evolution/advancement will be inevitable. I must say of course that a lot of faith was put in AMD 7000 series, but it didn't do well to meet the Bitcoins market expectation in terms of hash processing power. Regards, BF Labs Inc. Then FPGA is dead as well. And bitcoin market isn't growing, it's the same level like year ago, maybe a bit bigger. ASICs will make this field only for big players, which is not good for Bitcoin at all.
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FWIW, my BFL FPGA's have already paid themselves off, so I won't have to worry about any ASIC payback period whatsoever - no matter how much or how little the payback is, it's still free money.
Lolwhat? Actually, I take that back. They've ALMOST paid themselves off. They will be paid off within a month. Bought 10, sold 6 to pay for 9, and the 10th is still being paid off through mining. So you sold 6 for 50% more price, than new ones?
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FWIW, my BFL FPGA's have already paid themselves off, so I won't have to worry about any ASIC payback period whatsoever - no matter how much or how little the payback is, it's still free money.
Lolwhat? Even with current difficulty and price, with 0.05 per kwh it will take 276 days to break even for Single. And thats just with 80 watt consumption, add mobo watts to this.
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It is easy to understand but people have vested interests. Hell i got 15GH/s of GPUs anyone think I want to see ASICs tomorrow? It is inevitable. Someone will build ASICs. It will either be built and sold to miners to protect Bitcoin or it will be built an used covertly to destroy Bitcoin. Either way it will be built.
GPU guys probably do not care anymore, they will just milk what they can from those old rusty gpu's. Not those, who have free or almost free electricity. It's still the best choice, even with ASICs. And how effective will be next gpu generations?
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I'm getting an "Unknown address" error.
Yeah, same here. I hope mined bitcions are not lost. Waiting for my 0.5 btc >2 weeks already (haven't mined since then)! Unknown address !
Sorry man, I have no data for this address. Here is maybe why :
There is a typo in your address. Make sure xxx is a valid Bitcoin address, and is yours ! You just started mining. The stats usually show up a few minutes after the first submitted share. Your balance has been paid in full, and you are no longer mining. There is a problem with the API (very unlikely). If the problem persists, and you're aware of all all the text above, then join us on IRC for help (the link is at the bottom of the main page).
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There are those that believe a huge increase in demand for BTC occurs around major holidays due to SR users placing escrow orders to enjoy over the holiday. Do you think we'll see a BTC price spike approaching the 4th of July holiday? Discuss.
but you can't buy beer with bitcoins. And thats should be fixed asap!
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