And how long between when the first foundry announcements of "16nm is possible" and the first actual marketable chips coming down the line? There was a thread on here a year ago about IBM moving into 7nm. How long is it going to take to make it work once they solve the problems with 10nm, which will probably come after they figure out how to make 14/16 more reliable for mass production?
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Nice, but we're years away from seeing that in a miner.
Or it becoming worthwhile for any manufacturer to stump up what, $10M to have a go at 7nm. Meh, people have been claiming this since BTC asics first showed up. It took just over 3 years to go from 130nm to 14/16nm. This space is so full of retards I think it's quite possible someone is going to start working on 7nm as soon as tools are available. That's a terrible example. How long did it take us to actually release 16nm after it was 'available' and even after everyone announced their chips, 18 months? A year max.  It was late 2014 when companies started announcing chips to arrive early 2015. It was May 2016 by the time we had public delivered 14/16nm. |
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Nice, but we're years away from seeing that in a miner.
Or it becoming worthwhile for any manufacturer to stump up what, $10M to have a go at 7nm. Meh, people have been claiming this since BTC asics first showed up. It took just over 3 years to go from 130nm to 14/16nm. This space is so full of retards I think it's quite possible someone is going to start working on 7nm as soon as tools are available. That's a terrible example. How long did it take us to actually release 16nm after it was 'available' and even after everyone announced their chips, 18 months? |
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Calling it an "extortion attempt" I think is a little ridiculous - but whatever (funny how one silly mistake overrides over a year of holding 250 BTC which was held at the time that BTC was approaching its all time high - the initial return of 200 of that 250 was because I was actually worried that someone might try and locate me).
I do understand that it was just a temporary lapse of judgement, though it was extortion by definition. You were trying to get your way by threatening the forum with monetary loss. Regardless, it was very noble of you to accept your mistakes, apologize, return the BTC and still contribute to the forum as you do. I don't think anyone holds your mistake against you anymore. I agree with both of you, it was a large misjudgement but also temporary extortion. No one was hurt I guess. Paraipans 250BTC are still in there (1PFkqgBBrSKikyyUGDerZMfzvCNPgKrR3o), though they are afaik unreachable.
This is true, as sadly Paraipan passed away in 2014. They are indeed unreachable. |
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You're suggesting that a company is implicitly unethical because its Chinese, not only is that racist but nearly every example of mining companies has shown the opposite.
Somewhat related question: Are you for or against Brexit ? For. My dissertation involved spending months looking at legislation, of which the majority was mandated at the EU level via directives which had to be implemented into UK law regardless of if it made sense or not for us. A recent horrendous example is VAT MOSS which is literally the dumbest thing you've ever seen and if any of my businesses touched it I'd just close them rather than comply. On top of that, opportunity arises out of uncertainty and its very likely we'll be able to negotiate far better trading terms with states individually than as a lump sum. Then let me ask about Avalon Project. Are they ok to buy from?
Yes, although you'll buy from their distributor rather than them directly now. May I ask what do you mean by this?
Probably uncertainty in both btc exchange rates, mining difficulty and miner prices. |
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Nice, but we're years away from seeing that in a miner.
Or it becoming worthwhile for any manufacturer to stump up what, $10M to have a go at 7nm. |
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I guess this is the official line on alt accounts. I don't have a problem with alt accounts as long as they're not used for evading bans. If you're hesitant to say something controversial because you don't want it to be associated with your name, please create an alt account and say it.
The problem with that rule set is that you absolutely can use alt accounts to evade bans because the burden on proof is on the accuser, apparently. Take this guy, a prolific troll that used 27 accounts to attack specific people and companies for months on end. The initial group of accounts were permabanned, and many subsequent ones were nuked. However even though I've provided extensive evidence that this permabanned guy is using new accounts, and using these accounts to both attack and troll, they remain unbanned even after reporting. Even when they post doxes to troll in the same thread - which is also something explicitly against the rules - they and their posts are left untouched. I personally thought that once suspected ban evasions are highlighted, admins can easily verify it using IP information and do act on it. Seems like that is not the case. Didn't we all. Unfortunately we've entered an era of "the rules don't really matter any more because no ones enforcing them". We have two administrators (the only people that can permaban) and both of them are generally inactive. Theymos only logs in to administer the ad rounds now and BadBear hasn't been active in a month. It doesn't matter how active those like Lauda are when there's no one that can pull the trigger. |
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as far as a company can be legit in China.
As far as dealing with a company in China; .... I'm talking about ethics here, not ethnicity.
you have to deal with their shitty ethics
Thats not racism.
You're suggesting that a company is implicitly unethical because its Chinese, not only is that racist but nearly every example of mining companies has shown the opposite. "Western" companiesBlackArrow AMT HashFast Technobit CoinTerra HashCoins BitMine BFL (lol) SpondooliesTech (unpaid debts etc) KNCMiner XBTech (Russian team in CN) BitCrane GAWMiners Bitfury (the exception) Asian companiesRockMiner BTCGarden Canaan Creative Bitmain ASICMiner (the exception, and one man) Search Results
racism
ˈreɪsɪz(ə)m/
noun
noun: racism
the belief that all members of each race possess characteristics, abilities, or qualities specific to that race, especially so as to distinguish it as inferior or superior to another race or races.
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I guess this is the official line on alt accounts. I don't have a problem with alt accounts as long as they're not used for evading bans. If you're hesitant to say something controversial because you don't want it to be associated with your name, please create an alt account and say it.
The problem with that rule set is that you absolutely can use alt accounts to evade bans because the burden on proof is on the accuser, apparently. Take this guy, a prolific troll that used 27 accounts to attack specific people and companies for months on end. The initial group of accounts were permabanned, and many subsequent ones were nuked. However even though I've provided extensive evidence that this permabanned guy is using new accounts, and using these accounts to both attack and troll, they remain unbanned even after reporting. Even when they post doxes to troll in the same thread - which is also something explicitly against the rules - they and their posts are left untouched. |
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I'm new to mining and am wondering whether BITMAIN is trustworthy or not.
Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk. They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China. As far as a post can be racist, that's racist. Such a sensitive snowflake you are. Should really consider chilling the fuck out sometimes. You remind me of Social Justice Warriors today that get all raving-mad when people point out facts that run counter to their world view. I'm not sensitive at all - I pointed out that something really dumb he said was really dumb. While using no evidence he stated that Chinese were implicitly scammers while the actual facts show that its us 'westerners' are the ones to have churned out 99% scam companies. |
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I'm new to mining and am wondering whether BITMAIN is trustworthy or not.
Any recommendations will be appreciated.
Oh for sure. They're by far the best company out there for hardware right now with their new s9. Definitely trustworthy. I recommend waiting about a month because some very crazy things are going to be happening and it's best not to expose yourself to that much risk. They have dubious ethics and rip-off prices, but definitively legit, as far as a company can be legit in China. As far as a post can be racist, that's racist. |
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Oh dear...help me please! I've spent 3hours trying to get my new S7-LN mining with no luck.
Can you give us a screenshot of the status and config pages please? |
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Serious question, does TF remained permabanned from this?
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... But very big new's will be interesting to see what comes out of Avalon after this.
At this news, I wonder if Avalon will ever release another product. I am so damn happy for the team, its great to see the good guys win for once. |
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Given how late they were saying they weren't working on 14/16nm, Christmas might not be a stretch.
Indeed. They had actively decided to sidestep this shitstorm of a generation and seems it was a good idea. Bitfury *appears* to have messed theirs up, Spondoolies died trying to raise money for it, KNC *appears* to have messed up it* and only Bitmain *appears* to have a successful public chip. Well, Bruh! I don't know how true this is but some people from my side India claim to have cut a deal with bitfury regarding their container and soon they're going to have a test run. According to this it seems like BF is still in business. Please correct me if I'm wrong. And I don't know why people claiming to invest $11.2M would lie. If that is happening then it would explain the paucity of chips in other integrators hands. The container/data farm construction division of BitFury is after all a sister company of the chip division. Bet they got the lions share of chips from the limited number of wafers BF has gotten from TSMC so far. No doubt the smaller integrators got some to play with and test out but.... So, basically bitfury is going behind big bucks and not giving a fuck about decentralization. How ironic. Why is anyone surprised?? Profit is profit,bitches!!  But promises are also promises. The thing that irks me about the Bitfury situation is (as I said on release) they love to spam PR with their expensive firm and then totally renege on the promises they made. I mean, if you don't think you're going to actually do what you said, why don't you just not say it and annoy everyone later? |
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Given how late they were saying they weren't working on 14/16nm, Christmas might not be a stretch.
Indeed. They had actively decided to sidestep this shitstorm of a generation and seems it was a good idea. Bitfury *appears* to have messed theirs up, Spondoolies died trying to raise money for it, KNC *appears* to have messed up it* and only Bitmain *appears* to have a successful public chip. |
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I've offered to host this service. |
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