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2281  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 09, 2016, 04:51:43 AM
For the right $$$ they sell anything!

The question is if we, small miners, will be able to buy the new miners with this new asic!

I would agree from past actions from them.  Some random person emailing them is not going to get the options a  big investor does when they show up with 6 figure backing.   So even if they say they only sell cloudmininng only bitfury in email.... show up with big backing in a real meeting in past you can buy miners.  A email does not equal much compared to past history.

And its getting away from the question I had which is what SP does with their gear.  I think the SP50 is beat by bitfury from info so far, and it could be wrong.   But if they only planned to sell to big customers and are beat before it's out... what do they do?  Release for cheaper? Forget it and lose R/D money?  My hope is they sell some home/hobby gear.  But I doubt that happens.
2282  Bitcoin / Hardware / Re: Yes Miners... Is their M20 model hashing at 20Th/s at 1500w for real? on: February 09, 2016, 04:47:04 AM
Its a scam miner.  registered company means nothing.  HEck, a good scammer can register a name (its like 20$), rent a shared office (like really cheap) to get a business address and shit, or even a po box...oh why do I even bother.  you arent gonna hash 20ths at 1500w god damn it.

And they can pay them self's from a company and say they are working on it.  Keep going till they are empty on cash and close.   Maybe a few get lawsuits (even if you do it's no guarentee you get paid).

The only winners in this is the ones that scammed people.  No one should be buying them at this point.  And really no one should have bought at all.  People need to realize rendering does not mean there is a miner.
2283  Economy / Scam Accusations / Re: [ANN] HashCoins - Cryptocurrency Mining Hardware Manufacturer on: February 09, 2016, 04:44:36 AM
Not exactly nsure how you managed to profit, i gave them 2.5 BTC back in June 2015, i managed to recover 1.2 BTC thus far, im bound to loose 1BTC.

That is only "positive" ending story we have seen.  I still wonder about it to.  I think the cloud is a way they pretty much can guarentee they win and you lose. 

And with cloud they can either fake minning and send payments with no miners ever up, or use other miners that actually exist.  As most of hashcoins is eiter a ares where they split chips and are still selling way to high on price (One of the companies that split chips sold them at fair prices and no longer sell it).   And on their BTC miners they show as current it is just rendering... so not good.

If you want cloud mining go hashnest is the short version.
2284  Bitcoin / Hardware / Re: [Review] Avalon 4.1 Miner- Summer Mining - Notlist3d on: February 09, 2016, 04:38:43 AM
Free bump if only you were not as far.  Undecided

Thanks and yea on this one you will want to be a US buyer.  The 3 together are heavy and add packing to a box that can hold all 3.  It is expensive.

But I have best offer turned on.   If you ever wanted Avalon 4.1's throw in offer.   They are the most quiet full size miner I ever have had. If you are a dorm miner or mining in a room these are still one of the best options as far as sound.  So if you have access to cheap/free electricity might be worth a look.


And the ebay auction is for a set of 3.... so you get the full suite of 3 Avalon 4.1's. 
2285  Bitcoin / Mining speculation / Re: WTH BTC Jumped 20.06%. Is this a fricking Trend? on: February 09, 2016, 04:34:06 AM
I see a move to 1300 then 1500 ph very fast.  I see us level off near 2000ph.

I am very negative on btc diff rise as I see it to be huge.

I hope for a price rise.

my power cost for feb mar and april will be 900 usd total minus 300 heat value so that is 600 usd out of pocket.

I positioned myself to have that power money in hand.

I am hoping for a good price jump here. In the next 90 days.




I keep hoping we will see a rise in bitcoin prices.  It would be great if we do.   But hard to say what will happen.  I think a lot of BTC will be mined and go straight to fiat to pay for this extra hashing that we now have.

If these big operations do trade daily to fiat... that is a lot of push downwards on value at least I see it that way.
2286  Bitcoin / Mining speculation / Re: (Noobie) Antminer S4? on: February 09, 2016, 04:31:02 AM
was gonna sneak it into the server room at my school lol..

Worst idea ever if you are being serious.  It could be considered a unauthorized device and they WILL notice the heat and sound.  And when they do ... you lose miner and hard to say consequences.  When you say school what level do you mean? High School? College?

So I hope it was a bad joke.   But I'm afraid your serious.  
2287  Bitcoin / Mining speculation / Re: Diff thread Feb 7 to Feb 19? picks closed setting up. on: February 09, 2016, 04:28:38 AM
The thing to consider to is we are gaining during a Chinese holiday.  I was not expecting that.  I thought during holiday we might get a little bit of a slow down.

I see two possibilities either people worked through it which is possible, but not very likely.  Or possibly some operations put in a lot knowing there was a holiday.   I hope it's the second one and they planned extra hash for holiday,  and maybe after it will slow down on next difficulty. 

Or we have a new scary high bar on difficulty changes.  One would think close to 20 is not sustainable.   I don't know what to think on some of it.
2288  Bitcoin / Mining speculation / Re: New 3 x S7 Miner Setup With 0.0066 $ Elect. Rate on: February 09, 2016, 02:32:46 AM

YES i`m sure about the ZEROS its 0.0066 the Electricity Rate here in Kuwait Smiley


Just to check can you please give your electrical rate in fils per kWh.  

Update - I see it really is that price. I'm amazed.

its 2 fils/kwh

You have a great price that is for sure.  I have not heard of many miners in Kuwait, and love to learn more about different countries.

How stable is your power grid with a price that low? Also how is security is it safe to run a decent operation.

And best of luck with your operation.


the power grid is very stable and kuwait is one of the safest countries in the world Smiley



Very cool learning about other operations in different countries is something I really enjoy anymore.  It's neat to see it in so many different countries and so many different environments.

It sounds like you will have a heck of a operation with that low of electricity.   Thanks for sharing!
2289  Economy / Computer hardware / Re: SOLD! Bitmain S5 + (plus) 7.7 T miner. Great miner and works great. on: February 09, 2016, 02:28:31 AM
Closing as it has been sold/shipped.
2290  Bitcoin / Hardware / Re: [Review] Avalon 4.1 Miner- Summer Mining - Notlist3d on: February 08, 2016, 03:11:35 PM
Probley the lowest price your going to get a 4.1 at.   I have been condensing miners. Just lowered the price of a set of 3. 

http://www.ebay.com/itm/Avalon-4-1-x3-Kit-Each-1-25-TH-s-3-75-TH-s-Bitcoin-Miner-Faster-Than-S5-/322001366064?
2291  Other / Meta / Re: Account Recovery Request. on: February 08, 2016, 01:59:01 PM
You can reset password through email
theymos will reset the email only if you can sign message from old staked bitcoin address and this process can take long time

I just sold my hero account hdd3go few hours ago. The buyer took the account and changed the password which he used a powerful password generator to generate a new password but unfortunately he forgot to save the password as a results no one knows the password now. The account is now gone.

How does it work when OP admits to selling though?   It is a interesting thread as I don't think I've seen one say they sold account and need to recovery most seem to hide selling.

Even though he admits to selling and buyer forgot password.  Sounds like buyer would be one needing to prove ownership.  This is one of reasons I tell people not to buy/sell accounts.  This sounds like buyers needs to prove ownership and seller would have no rights after selling.
2292  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 08, 2016, 01:54:03 PM
In past they have but you have to have substantial order.  Home/hobby miners  are not their customers.   But look at like this thread: https://bitcointalk.org/index.php?topic=1167388.0  .  They also sold Bit-X 1 PH long ago - https://bitcointalk.org/index.php?topic=896350.0

In past they have sold to big commercial operations.  So not sure where you got info they don't sell at all.  SP I see as going for same customers as the SP50 was geared twords big operations.  But again still lots of questions few answers.

I sent them an e-mail. They don't sell hw, but they sell "hash capacity" starting at 1PH.


If you bring enough capital... they do sell .  You can see in past big operations they sold to:  But look at like this thread: https://bitcointalk.org/index.php?topic=1167388.0

Were talking about a lot of money, and NDA's.  I think you talk to them with substantial capital selling can happen, at least it has in past. But just emailing them for buying no you will not get far at all.
2293  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 08, 2016, 01:00:52 PM
Congratulations to Nimrod Lehavi and Simplex team Smiley

http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/

Buying Bitcoins will become much easier. Awesome company.

Any news on the sp-50?
100% dead.  Ain't never coming.  Spondoolies and Guy Corem to get sued by creditors soon.

I really would like to know out of curosity on SP50.  If they are able to do some changing and get a chip that is closer to Bitfury's reported chip.  Or if they really will not release and consider sunk cost.

Only way I see them winning is if they can drastically beat Bitfury on chip price.  And that no one knows, or at least no one without a NDA.  For what it's worth I was hoping they would do consumer ones like SP20 again instead of SP50.  Doubt that changes but seems they would want to do something with the chips they I would guess put a decent amount into R/D.  And I guess we really don't know that either as no demo.

So many good questions, but don't think we will get anwser.  Although eventually we should it is interesting how SP has to release info compared to most privately owned firms that are tight lip'ed.

If they released SP50 with "current" specs it would be plenty competitive, but fabs need to see money.

Without some sort of pre-order it will be difficult to get this off the ground.

One major worry for anyone selling HW now is that there is a real chance that mining will flatline for a couple of years.

That is if they launch now or beat bitfury by a significant amount of time.  Since bitfury has shown demo of chip, and SP has not had anything but rendering publicly I'm not guessing this will happen.

I just see the big operations going to most efficiency with the "big money".   NDA's make it kinda hard to know progress as most are secret on a lot.  But if Bitfury beats SP to launch and has a better efficiency... I don't think it will be competitive.

And that is pure speculation.  We have no idea on SP process on how far they are with chip.  

But Bitfury doesn't sell any of their gear. They just maintain higher profits. They're not going to trigger another 51% attack fear wave. I hope.

In past they have but you have to have substantial order.  Home/hobby miners  are not their customers.   But look at like this thread: https://bitcointalk.org/index.php?topic=1167388.0  .  They also sold Bit-X 1 PH long ago - https://bitcointalk.org/index.php?topic=896350.0

In past they have sold to big commercial operations.  So not sure where you got info they don't sell at all.  SP I see as going for same customers as the SP50 was geared twords big operations.  But again still lots of questions few answers.
2294  Economy / Computer hardware / Re: Looks to be SOLD - WTS - Two Avalon 6's + RPI kit on: February 08, 2016, 11:42:10 AM
It did official sell everything went through on sell now I am shipping it.  So I'm closing topic.
2295  Other / Beginners & Help / Re: [Guide] How to rank up your account without spamming. on: February 08, 2016, 11:38:05 AM
How do you exactly define a spam post specially from posters with signature campaign like me? I believe there is no definitive way to define such unless its a one liner post. But a reply up to 4 sentences for not to be labeled as spam is IMO way to high as an standard.
Any campaign manager would surely spot a spam post and besides they are only paying like 20 post max.
If a poster is only posting just to get paid from a signature campaign, then thats their problem as sooner or later they could be removed from their campaign. Anyone that is bothered with spam post could always chose to ignore such user.

By the way, isn't it that ranking up has to do with the time you spend in here and not depends on how many you have posted?

Sure you can define one liner posts.  Something such as "Great Post", "I agree!", "+1", etc.  Those are crap one liners... you don't see them near as much anymore as they lead to a ban.  But look at posts people have posted as little as "+1" saying they agree, and it really does nothing for thread.  It just is clutter.

Spam is based on content not the size.  I can think of fixing problems on hardware one line of anwser might fix some problems.  It's helpful, fixed a problem, and less then 4 sentances.  So 4 line rule is not 100 percent.

If you really want to look at "spam" go over to the off-topic board.   I avoid it as it's full of it.  Things like last song you listened to, last thing you ate, last thing you drank.   Off-topic is where you will find a ton a crap posts (and yes there are some good).  But there is a lot of spam in that board, which is why good signature campaigns don't even pay for Off-Topic.
2296  Bitcoin / Hardware / Re: Efficient USB miners on: February 08, 2016, 11:22:44 AM
Gekko profitability, like that of any miner, depends a lot on how much you pay for electricity.

 Even an S1 is profitable right now if your electric is FREE.



But you pay so much it is hard to get that initial cost.  I paid 25 per compac on batch 1 and 2 I think it was plus shipping I believe.  Chances of them mining that back  (or the amount of btc I spent on them) very slim.  It's a compac... it's made by GekkoScience  

A lot of old usb miners go for more then they are worth in mining terms.  There are some who learn with them, some who collect, and some who lotto mine.  I think unless you lotto mined and got really lucky you will never get that cost back on it unless you sold it.

They are great and I love playing with them but I just don't see profit even at free electricity.  And I'm not dogging them I love my compacs, I just knew I was going to lotto mine them as regular mining would not pay for them, so might aswell have some fun and they are very low cost to run.  A S1 and a usb compac are like apples and oranges as far as miners comparing.
2297  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: February 08, 2016, 11:19:04 AM
Congratulations to Nimrod Lehavi and Simplex team Smiley

http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/

Buying Bitcoins will become much easier. Awesome company.

Any news on the sp-50?
100% dead.  Ain't never coming.  Spondoolies and Guy Corem to get sued by creditors soon.

I really would like to know out of curosity on SP50.  If they are able to do some changing and get a chip that is closer to Bitfury's reported chip.  Or if they really will not release and consider sunk cost.

Only way I see them winning is if they can drastically beat Bitfury on chip price.  And that no one knows, or at least no one without a NDA.  For what it's worth I was hoping they would do consumer ones like SP20 again instead of SP50.  Doubt that changes but seems they would want to do something with the chips they I would guess put a decent amount into R/D.  And I guess we really don't know that either as no demo.

So many good questions, but don't think we will get anwser.  Although eventually we should it is interesting how SP has to release info compared to most privately owned firms that are tight lip'ed.

If they released SP50 with "current" specs it would be plenty competitive, but fabs need to see money.

Without some sort of pre-order it will be difficult to get this off the ground.

One major worry for anyone selling HW now is that there is a real chance that mining will flatline for a couple of years.

That is if they launch now or beat bitfury by a significant amount of time.  Since bitfury has shown demo of chip, and SP has not had anything but rendering publicly I'm not guessing this will happen.

I just see the big operations going to most efficiency with the "big money".   NDA's make it kinda hard to know progress as most are secret on a lot.  But if Bitfury beats SP to launch and has a better efficiency... I don't think it will be competitive.

And that is pure speculation.  We have no idea on SP process on how far they are with chip.  
2298  Bitcoin / Mining speculation / Re: Newbie here - which low budget miner to get? on: February 08, 2016, 11:14:35 AM

...Given the price for my current, I pay 1.1€/day to keep a 700W miner running,..

700W = 16.8Kw a day

Paying 110 cents for that = 6.55 cents per Kwh. That is actually quite good for mining.

with the current diff and the future one, i think not even 0.05 will save your ass in the future, the s7 is already doing only 0.03, when it was 0.04, lost 1/4

it's a race war between efficiency and diff, at this point only trading with your hash will save you

With the current difficulty, S7 is making profit, so is s5.

the s7 noe, is losing half of its original production rate, 0.02 right now vs 0.04 at the beginning

the s5 is somehow trash right now if you don't have super very cheap electricity or better to have it for free at this point

That is the key on electricity costs.  Those with cheap/extremly cheap electricity are getting S5's at decent deals and can ROI possibly before having.   But takes the right cost, and price on miner.

S7 or Avalon 6 for most people currently.  But still some are set older gear that is good if price is right.

s7 was pointless after all, it did not last too much, because of the halving they were forced to go fast with another new asic(16nm)

those who were mining with s5, had not urgency to buy the s7, the best strategy would have to remain with s5 until the new 16 nm asic, and skip the s7 completely

Depends on your electricity price.  S7 is necessary for some operating conditions where electricity is higher.  In others S5's are great still.

So it's pretty individualized.  I would not say it served no purpose as I think it's efficiency did serve one but it is perhaps did the most for those with higher electricity prices.  As that is where it is harder and harder to mine.
2299  Bitcoin / Mining speculation / Re: Anyone Profitted From an Antrouter R1? on: February 08, 2016, 11:12:16 AM
I was wondering this before. Considering they suggest putting it on a solo mining pool, has anyone profitted from this? I assume that even if it doesn't make much, it still works well as a wifi extender!

However, has anyone got 24.75 btc from this (subtracting the 1% fee).

the R1 is NOT a wifi extender..

yes you can set it up as one.. no its not really easy and its not supported by current software settings.. but the cpu is not fast enough and it jams up and crashes..



It did run a access point very easy.  I think that was what mine was set to, it had a network cable going into it and put out a wifi signal. So in a way you could extend your network putting it at end.

But does it compare with my Nighthawk X4 WiFi for example...  no it does not.  So all depends on your use.
2300  Bitcoin / Mining speculation / Re: WTH BTC Jumped 20.06%. Is this a fricking Trend? on: February 08, 2016, 11:09:30 AM
it was expected, because...

1 antminer s7 can do 0.0164 btc daily equal to 0.5 monthly = $189

consumption of many big farm at 0.03-0.05 cent per kw/h is $45 per month, so you see still plenty of margin

the diff will increase even further at least until 200B, +50% more

Even $0.03/kWH is not low enough to make s7 miner worth buying now. Should be below $0.02. Such prices do exist, in Venezuela, parts of Russia etc.

big farms, don't have acccess to such electricity value, the lower i've heard of is 0.03, which is pretty good

that's why they are going with the new 16nm, which are coming before the halving

.03 cent's I think is on the low side for most.  But it's hard to say what most commercial operations are getting.   Were talking about a industry where most are privately owned so they don't really put out data.  They are also all over the world so it's not like one size fit's all.

How do you know most big farms don't have access to such cheap electricity? I have not found anything that really publishes their price on huge commercial operations.
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