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2201  Bitcoin / Hardware / Re: BFL ASIC STATUS 5/29 on: May 30, 2013, 06:51:49 PM
crazy temps I see Cheesy this board die very soon

Since when is 76C crazy?

I run my GPU's at that all the time mining for years.

2202  Bitcoin / Hardware / Re: Announcement - ASIC mining processor by Butterfly Labs on: May 30, 2013, 06:39:27 PM
Can we uhh, Talk more about BFL and less about the other guys... This IS the BFL announcement thread afterall...
Agreed, the mods allow these threads to go so off track it's unsurvivable. Do you want people to go over to the Klondike development thread and only talk about BFL products and derail the thread?

Quote from: BFL_Josh;36579
Quote
Quote Originally Posted by jml View Post
For the 'legacy' 60/30Gh orders, are those going to be filled with one unit at this point? Sorry if this has been answered, I haven't seen a current position on this topic recently. Thanks!

30's definitely. 60's almost for sure, but not 100% quite yet. We get our first batch of binned chips today I think (or tomorrow) so we'll see then. I don't anticipate it will be a problem putting 60 GH/s (+/- 10%) into a box.

https://forums.butterflylabs.com/bfl-forum-miscellaneous/2967-may-29-2013-asic-update-discussion-thread-6.html

This might be good news for people with older orders.



2203  Alternate cryptocurrencies / Altcoin Discussion / Re: When will the madness end? on: May 30, 2013, 06:07:53 PM
This is an important point, most new features can be added to existing coins.  And people with new ideas or new code should be shopping them around around to the developers of existing coins, running some test net and generally look to minimize the number of coin-chains, anyone who is seeking to maximize the number of chains is in my opinion at best being irresponsible.  Only after an idea is rejected by existing coins, vetted as reliable and desired by the community is it appropriate to start a new chain.
I don't see how most new features can be added to existing coins. Say I want to test ultra-short blocks, an idea that is very popular now, mainly because it's trivial to implement in the current code. How exactly do you propose it to be integrated in bitcoin, for example?
Why should I be bothered with the developers of existing coins? I don't even know who they are. Even if an idea is compatible with some coin's current implementation (can you give an example of this?), how is it possible to persuade its developers to work on it? How a rejected idea can be vetted as reliable?
Also the community in this forum is extremely biased, because the majority are miners. They are not an indication of a coin's success, unless the coin is released specifically for forum members. Which seems to be the case for all recent coins, but a serious developer should not be influenced by this.

Keep thinking like that and alt coins will simply fade away into obscurity. Adjusting a couple of variables is not innovation, most of the time it's note even improvement.This lie that you can make a better coin without writing any new code has to be exposed.
2204  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC difficulty chart lifetime on: May 30, 2013, 10:40:23 AM
It's interesting to look at those difficulty charts, FTC hit 188 difficulty in about a week or so after it's launch in April, LTC only just hit 188 in April too this year and LTC is a far more popular coin. No wonder FTC broke! They both had the same block and difficulty adjustment parameters at the time. FTC has since been modified a bit. The point being that you don't want a sudden drop in hash rate from some news announcement etc. to hit LTC.

2205  Alternate cryptocurrencies / Altcoin Discussion / Re: When will the madness end? on: May 30, 2013, 09:22:40 AM
Most people have common sense and won't launch a me too coin in to an already saturated market, but all it takes is one idiot in say a thousand to get several new coins per day. I see no end until people make a conscious effort to ignore new coins. When we actually need a important new feature, then we discuss it for several weeks and decide if it needs a new coin or just altering an existing one.

2206  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! on: May 30, 2013, 07:15:10 AM
Quote
and the only 'innovative' coins are
bitbar
bitgem
doubloons
franko
nibble

are you kidding me?? none of these are "innovative". The real innovative ones are: worldcoin, luckycoin and fastcoin!

If they become popular and trade well in the market then they are innovative, if they don't then they are not. Time will tell.

2207  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! on: May 30, 2013, 06:15:04 AM
wow, 10 new coins released today? lmao

Coins added in May so far with 2 days left to go:

amccoin
bitbar
bitgem
chncoin
digitalcoin
doubloons
elacoin
fastcoin
franko
gamecoin
gldcoin
luckycoin
megacoin
nibble
phenixcoin
porncoin
powercoin
royalcoin
sexcoin
sunrisecoin
supercoin
uscoin
worldcoin
yacoin

I am sure I have missed some too!

2208  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] SkyCoin (SYC) - A Scrypt based Cryptocurrency on: May 30, 2013, 05:28:59 AM
Oh good, another slow pre-mined coin pump and dump, just what the market needs.
How many "new" coins released in May? I have lost count.

amccoin
bitbar
bitgem
chncoin
digitalcoin
doubloons
elacoin
fastcoin
franko
gamecoin
gldcoin
luckycoin
megacoin
nibble
phenixcoin
porncoin
powercoin
royalcoin
sexcoin
sunrisecoin
supercoin
uscoin
worldcoin
yacoin



Have I missed some?

2209  Bitcoin / Hardware / Re: Announcement - ASIC mining processor by Butterfly Labs on: May 30, 2013, 04:44:45 AM
Quote
29 May 2013 - ASIC Update

Almost there... I'm attaching a picture of our test board. We've almost got the firmware finalized, as you can see, we've brought power usage down quite a bit. This is a 50 GH/s unit with unbinned chips (meaning the chips were randomly selected, so some of the chips have non-functional engines. What this means is the unit can perform faster if you use binned chips with known good engines).

I think the picture speaks for itself, and I apologize for the quality... just took a quick snap while we were working. However, you can see that our power usage is under 5w/GH/s. This should apply across all product lines. I plan on testing out the short boards tomorrow. We should be getting in many of the reworked short boards tomorrow as well as some long boards. Next week, we expect a much larger shipment of both long and short boards to arrive (possibly even this Saturday, but that's still up in the air.)

In any event, we should have the firmware finalized by tomorrow night or Friday at the latest and ready to go.


https://forums.butterflylabs.com/announcements/692-bfl-asic-status-3.html

Some progress, though the power consumption seems a lot higher than I would have expected. They must be using 25% faster clock rate than the ones in the 5GH/s unit. 250Watts for 50GH/s is about 40% more than I calculated, factoring in the extra fans. Still I guess it's way better than the 620watt 66GH/s some reviews have reported the Avalon doing.

The 5GH/s unit has been shown to have 2 x ASIC chips on the board, with space for 8 total, so I presume the 50 GH/s  double board has 16 x ASIC chips, so they would need to overclock them 25% or they would only get 40GH/s out of 16 chips.

/EDIT Actually the 250 watts is a pretty good figure, I worked it out wrong before, was thinking little single. You are getting effectively 10 Jalapenos worth of hash rate and they would be around 300watts worth if you bought 10 of those. The single seems more efficient.

2210  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DGC] DigitalCoin.Co || Instant | Stable | Reliable || New Marketplace on: May 30, 2013, 03:41:57 AM
Network hashrate has dropped quite sufficiently over the past 24 hours, what issues will this introduce?

Probably none. What did you have in mind?
2211  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all those new coins are no threat at all! on: May 30, 2013, 01:06:29 AM
They arent a threat, but they divert money from Bitcoin.

No they don't, the alt coins generally don't get paid for with anything other than BTC which is not a diversion.


FYI


All Alt Coins will die when Microcash is released soon.

Get in while you can.

http://microcash.org

Solidcoin refurbished for a new pump and dump. How cute.
It's been what a year still waiting.
2212  Bitcoin / Hardware / Re: BFL upgrade now offered on 5ghz orders.(screenshot) YES, IT'S BACK!! on: May 29, 2013, 11:10:19 PM
I upgraded mine, pretty reasonable price for 2Gh/s when you consider other options. That said it's very dependent on when they ship!!

It's not clear if the $100 gets you more hardware,  or a simple firmware parameter change.

If it's more hardware then if it would be just worth it, as the base unit costs $54.4/GH/s and the upgrade is only $50/GH/s. However if it's just a firmware change then it's not worth $100, because the labour involved would be trivial, might pay $50 max.

2213  Bitcoin / Hardware / Re: BFL upgrade now offered on 5ghz orders.(screenshot) YES, IT'S BACK!! on: May 29, 2013, 09:48:15 PM


Jesus, let it go man. Nobody wants to hear you two argue. Get a room.

Unfortunately there is not one useful BFL thread on this forum, they all get trolled instantly.

Considering that forum members probably have hundreds of thousands, perhaps even millions of USD invested in BFL pre-orders, I think the trolling is rather irresponsible as the members deserve useful information on their investment without the deliberate disruption of content.

I would like to see at least one heavily moderated information thread on the progress of BLF pre-orders.
2214  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all those new coins are no threat at all! on: May 29, 2013, 09:42:52 PM
WDC - best growing community - with lots of the current community promoting and developing coin services - big things happening soon herer.. -FAST

DGC - very good deveoper support - community a bit smaller - although its slower coin production makes it a perfect coin for daytraders for big pump n dump operations -FAST

GLD - The rumours have plagued this coin -premined, trojans in wallets - forum shows some activity - But does'nt seem it is getting the level of development the above coins are getting..

PHX - Not sure on this one.. the currently designed casinos and things looks amazing - developer has some talent.  But I think a lack of being early on exchange means less people are likely to get invested in the coin, meaning slower community growth - coin could be a dark horse Smiley

other new coins = crash and burn -

MC2 - I think this coin could take off - new features - and time taken to develop it is always a good sign..


my 2c
If WDC or DGC end up on BTC-e they will do ok. The others don't have a chance without a redesign.

It seems any coin that can't make it onto BTC-e gets dumped very quickly, and even the alts on BTC-e go though bad cycles.

2215  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all those new coins are no threat at all! on: May 29, 2013, 09:16:23 PM
- strong coins with support by community and/or developers behind it, like LTC, WDC, PXC (!) and FTC, will survive anyway

GLDCoin is stronger than WDC & PXC.

GLD and PXC have the same block re-target flaw, they are both ill conceived.
I won't mine either. At least FTC was smart enough to learn form their mistake of copying LTC.


2216  Alternate cryptocurrencies / Altcoin Discussion / Re: Why all those new coins are no threat at all! on: May 29, 2013, 08:57:16 PM
Pretty much every coin that listed on Cryptsy gets dumped. People just don't have the BTC to keep buying some of every coin that comes along. The plethora of alt coins has saturated the market, and people are moving back to the older more stable coins. The alt wars are coming to an end I think. I am not going to mine coins that can't hold their price.







2217  Bitcoin / Hardware / Klondike - 4 chip ASIC on: May 29, 2013, 07:48:03 PM
I wouldn't mind seeing a Klondike 4 chip board eventually. Not sure how you would power it.

The Klondike 1 appeals to people that don't have ATI video card already, but a Klondike 4 chip would appeal to people who do but are on a lower budget.

2218  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! on: May 29, 2013, 12:19:04 PM
Is this a joke? Has to release the third coin of the day, while I was sleeping eh? Or, maybe I'm still asleep...Maybe, this is all just a bad dream...
I stopped mining it when I noticed that it looked like a 1000 block pre mine. I will wait for the block exploer to appear to confirm the timing.



2219  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN]digitalcoin, A Currency for a Digital Age. on: May 29, 2013, 10:33:52 AM
The confirmations are based on my testing.

I think they need to be looked at, 10 confirmations would be a better idea for security than the 5 it currently reqires. 10 confirmations is really only a minor inconvenience for a 20sec block rate and it would help to inspire confidence which is what is needed if you are thinking long term.

See this discussion for the theory.

https://bitcointalk.org/index.php?topic=177308.20
2220  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Fastcoin - FST - The Fastest coin so far in the market - is launched!! on: May 29, 2013, 08:09:35 AM
How come we are up to block 3,000 already when this announcement  thread was started only 5hours ago?

3,000 x 12sec =  36,000sec or 10hours.


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