yeah, but if u have 0.04 cents like they have in canada, its still profitable, and u can save ltc and sell them when it hits some 150 etc..
And even more so in the 2 counties of the US where you can get to 3 cent power. NOTE: > misread and used 3c kWh for electric from your Canada post..but did not see this till below was done..thus going with it FYI. this is from the Litecoin Pool Calculator a free pool that pays out at 101% FYI https://www.litecoinpool.org/calcright now a 500mh 800 watt Bitmain L3+ miner is a NEG -$0.74 loss...with current difficulty drop (was a NEG -$0.86 loss) also, remember if they say 3c kWh with fees in a data hall etc ..it will always be 1 or 2c more..or 4-5c ..but let's use your number of 3c kWh at current $75 LTC even you would make $1.37 a day. x 30 days is $41.19 per miner...but being a data hall they may ask for 6 months pre-pay let's say you get a month to month...setup lets say is $50 and prepay a month say of electric of say $20 ..so you double your money 24 hours 0.02598539 LTC 1.95 USD 0.58 USD 1.37 USD 7 days 0.18189773 LTC 13.64 USD 4.03 USD 9.61 USD 30 days 0.77956172 LTC 58.47 USD 17.28 USD 41.19 USD Now in my case, it would be 8000mh and 12,800 watts at 3c kWh...it would be likely 800 bucks min to set up and pay about at your 3c rate, I should do this immediately 24 hours 0.41576625 LTC 31.18 USD 9.22 USD 21.97 USD 7 days 2.91036375 LTC 218.28 USD 64.51 USD 153.77 USD 30 days 12.47298750 LTC 935.47 USD 276.48 USD 658.99 U alas, the best data hall rates I've seen a month to month is 8.5c kWh so the reality with fees/elec/hosting/etc in Canada or elsewhere I see the following below..sure 6.5c kWh elec exist or lower..but those data halls are filled...if they become unfilled it will be due to the fact 6.5c a kWh won't cut it anymore..which defeats our purposes here on these calcs again an L3+ does below at 8.5c kWh with all fees/etc/hosting...but IF you found such...6 month usually is what they want..again may have changed be sure to contact me if so...especially the 0.03c kWh...but what I'm going with..again assume you can get month to month and not even these are filled at the 8.5c kWh electric rate 24 hours 0.02598539 LTC 1.95 USD 1.63 USD 0.32 USD 7 days 0.18189773 LTC 13.64 USD 11.42 USD 2.22 USD 30 days 0.77956172 LTC 58.47 USD 48.96 USD 9.51 USD with my 8000mh at 12,800 watts, I'd make $152.11 for a $935.47 pre-pay of a month to month if I could find an empty data hall at that rate for a $152.11 profit (maybe..depending on the month) 24 hours 0.41576625 LTC 31.18 USD 26.11 USD 5.07 USD 7 days 2.91036375 LTC 218.28 USD 182.78 USD 35.49 USD 30 days 12.47298750 LTC 935.47 USD 783.36 USD 152.11 USD thus NOT really worth it, because again 1) everyone has the same miners, 90% of all scrypt-pow miners still running are Bitmain L3+'s thus diff goes down on the LTC 3 day cycle you see a 20% rise say and then the next cycle a 20% down...for MOST folk above this 8.5c kWh at the 12c kWh national average for the summer...you go up and down on the whims of the 90% with NO piece of equipment having an advantage over the other ...all underwater (at least above say 8.5c kWh /hosting and fees) 2) Bitmain is likely coming out with the supposed 3x the hash at close to the same watts miner in July/August..thus all L3+'s will be doorstops in a couple months 3) you can't find a data hall at even a 10c kWh with fees price IMHO that is NOT full.....or so it seems to me so, by all means, any with 3c kWh electric with fees and hosting and such...on a month to month prepay format CALL ME NOW ...i will be your minion! at a say 6c kWh electric call me also....but you would be my 2nd prom choice 8.5c kWh...don't bother to pm me... and at my 14c kWh I'm currently shutting off my 8,000mh at 12,800 watts....lose my phone number and other info ASAP again, hope I'm wrong and SOMEONE WANTS ME..but I expect I'm too fat (8000mh) and eat too much (12,800 watts) and expect only a month to month rental...and put out a LOT of heat for a data hall this summer...just don't see it likely for scrypt-pow coins and or LTC again, if I am wrong..PM ME! (there will be flowers and candy and courtship)... but alas, I suspect my scrypt-pow miners (L3's and L3+'s 18 of them ...and equiv to 16 L3+'s at 8,000mh and 12,800 watts) are not 'attractive anymore' unless I want to jump in for a 6-month lease (or in my case at about say 5K pre-pay) AND EXPECTING new Bitmain units oops...not gonna happen hope again such 3c kWh month to month exists someplace (that is not a scam..how to prove..hmmm?  ?) but while I like Unicorns...they don't exist..thus feel the same about my odds here...they are the same as me being Natalie Portman's Love Puppet ....I can hope for Both..but I'm not holding my breath  brad |
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By the way ...does anyone think that Jihan Wu of Bitmain has the will or the balls to do a 51% attack on BTC? This being 1) his ego and 2) his efforts in BCH. here is the link https://cryptobriefing.com/bitmain-51-attack-bitcoin-network/Better minds on here then myself ...if you were an 'evil genius' and planning this...how would it go down and what would you do? (sorry, not evil genius material...simply trying to follow along on how this would be done ...as a loyal 'evil genius minion', don't ya know!  (do crypto they said in 2013, be a nice hobby, help micro-lending in India they said...sheesh...what a ride now in hindsight..and no end in sight yet!) Anyway, just a pondering such, on possibilities and the likelihood of such and hell, how you or anyone would go about this, for the heck of it take the POLL |
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By the way ...does anyone think that Jihan Wu of Bitmain has the will or the balls to do a 51% attack on BTC? This being 1) his ego and 2) his efforts in BCH. here is the link https://cryptobriefing.com/bitmain-51-attack-bitcoin-network/Better minds on here then myself ...if you were an 'evil genius' and planning this...how would it go down and what would you do? (sorry, not evil genius material...simply trying to follow along on how this would be done ...as a loyal 'evil genius minion', don't ya know! (do crypto they said in 2013, be a nice hobby, help micro-lending in India they said...sheesh...what a ride now in hindsight..and no end in sight yet!) |
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that complicates it ..but generally...IF there is not a robust network for sia's vision in place to use these ASIC's then they will also be in a bad place
just a month or so behind...I just see no action on how they plan to compete against Amazon on their decentralized 10c to $1 Amazon giant....
deafening silence...thus looks to me like a crap load of ASIC's will hit...w/o any real purpose...and the price will tank also if their vision is 'postponed' or not
in place for the 'glut' as you point out of hash hitting on blake2b
you can't have it both ways...if price now is due to scarcity and also the anticipation of their vision..and the major investment of $$$ that people speculated
on with the ASIC's too boot...well it is step up of fail
or how I see it
on the other hand for what you paid for one of these puppies and what I paid for obelisks' last year with high priced BTC...as far as just holding crypto
wise we probably are even....just from that timing situation and last years price
Vision? What vision? The vision to become another ASIC maker for any shill with enough money to pay them? The Obelisk home page says it all. What the hell does any of that have to do with a decentralized file storage solution? Or is Vorrick the next Elon Musk -- meaning he can tackle three projects at once while surviving on a diet of ambien and wine in the evenings while he blogs? There are two coins that I think will fail hard despite a very promising opening pitch: Zcash and SeeYah Coin. SeeYah Coin will never compete with Amazon. Go back to the whiny, self-righteous, and downright dishonest postings that came out when the A3 arrived a few months ago. Then ask yourself: is this the crew that is going to take on and get the better of Mr. Relentless? I don't think so. Has the first DOA Obelisk shipped yet? I stopped checking because it really doesn't matter. Oh, wait, they are pretty compared to an Antminer. That should count for something, right? Sorry for the rant, it's not directed at you -- but "vision" and SIA/Obelisk in the same posting just sets me off. The single biggest regret of my entire Crypto experience is buying that Obelisk batch 2 miner back in January. Which still hasn't shown up as of days away from July. yeah....as soon as sia-tech did not fork to protect their decentralized storage solution to supposedly compete against Amazon Cloud at 10c to the $1.00, well I knew then I was pretty much screwed. Bitmain had a track record of pumping out ASIC units like toasters and proved especially true for blake2b So, w/o a fork and in conjunction with that the decentralized storage solution ready to hit the ground running to compete against centralized cloud hosting I don't see the two jiving in time...even if they did decide to fork and put emphasis on the sia-tech network vs speculative coin price based (IMHO) more on 'scarcity' then their sia-tech network vision... would like to be wrong but a lot of 'deafening silence' on the above issues...so figure I just have 5 doorstops and will move on...with the high price of btc last year and the fact that I needed the tax benefits (was in 41% last year I would have paid the IRS and State combined anyway) add the 25% equip deduction (squished in 1 yr vs 5 years) and what that is 66% so I took a 33% loss on the above...toss in the high price of coin..which is down more than 33% which I would have been in HODL mode anyway (still am) ...I am calling it a wash...but then again MAKING at least 33% back on an ASIC machine ...seemed like a pretty good bet..but alas, they choked on the fork and bitmain ran them into the ground... whatever....the 33% would have been lost in the BTC price anyway in that I've been in crypto since 2013 so kinda locked in HODL mode live or die still annoying ...even if my 'supposed' rationalizations are correct...just 'erks' me ..I've gotten 'dubious' ASIC's before ..used or otherwise...that AT LEAST could make 33% of what they cost before they puked...which I could call even...but these won't even come out of the box it seems by mid-July 2018 at current sia-coin prices ..which I expect to dump further on the Obelisk's hitting the world currently, IF I had an obelisk SC-1 up at this moment I would make 19c a day over electric....I assume these ASIC's hitting the world will not help this price. Again, leave the Obelisk units in the cardboard box, unopened, for easier use as doorstops...the cardboard lets you move them easier. Also, to those saying those 'greedy' ASIC buyers...sia-tech made the case they were needed for the decentralized network...they could not just count on merge mining siacoin off GPU's go get scale and be taken seriously....they needed the 'secure' ASIC network of machines to be taken seriously... I (dumb) bought that argument and was planning to mine/HODL and see the network succeed first...alas that boat sailed when they let Bitmain ride over them....IF they really did have (as they said) in the ASIC chip to 'tweak' to a fork in case bitmain played games (so they say) which I have my doubts...likely they could not fork the ASIC thus had to be run over by bitmain with no hope... anyway, at worst I suffered a 33% loss vs the tax man with 2018 IRS equipment deduction at 4.11 BTC for 5 units..that means say...I lost 1.11 BTC say at the price last year of 5K ..I'm a bit over that...at least I can rationalize my 'silliness' in HODL mode (another problem I have in 20/20 hindsight) anyway, so it goes....bound to go one ASIC too far from 2013 anyway....so 2018 is my end game...no more data halls or big miner (scrypt-pow)...hell was happier as a hobby ASIC miner with just a couple in the basement anyway...but I mean really....get the units and they are NOT even going to be worth taking out of the box? sheesh.....at 19c a day .not worth the PSU to run them (which they supposedly still say they are providing..unless I missed a memo) ....so.......ie...new in box doorstops or ASIC wall art... so 33% loss...with them never to run...or if I probably would have been in HODL mode anyway...call it even..pick your rationalization (i've been doing that quite often with my HODL mode since 18k BTC and now 5.9 BTC....(hey, picking the wrong horse, it's a gift!) FML later brad p.s. anyone who wants to redirect me to the unicorns/rainbows/and fairies...feel free...I'd love to be frigging wrong ..but the reality is I REALLY can't see even bothering to turn these own....IF they come with PSU's would make more sense to leave them in the box and sell the PSU's on eBay instead...I mean really, really would make more sense to do that...sheesh... |
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I'm too dejected to come up with something snappy. Someone do me a solid, tell Jay to fuck himself with some style. k thx
Don't you know nuttin? Imitation is one of the best forms of flattery.  Jay, fuck yourself with some style. Oh wait, you already did. So. Many. Times. Another one bites the dust... Capitulation is seeming closer, no? Are there any bulls that are still posting in the WO thread today besides me? Perhaps, tentatively, we got bitserve, micgoosen, rayx12, torque, cAPSLOCK, fluidjax, RoomBot, Jimbo, and ________? Of course there are some other bulls who have just been silent in the past few days, but that would not necessarily change their bull status, right? I'm a bull but I try to hide it to show that we're all scared and in "blood in the streets" mode. I'm not very good at hiding it though. Is this the end of cryptography? if it is the elites of banking and finance will control blockchain..with no open source option like alts and btc...thus they will benefit from the cheap transaction fees and use of blockchains...of course, none of those fees will go to the consumer...they will pay the same fees or more like now and all the benefits and profits of this would go to the elites and banks etc....thus if that is the case ..prepare for the age of trillionaires..indeed...add a bit of robotics and you have Bladerunner, the movie in real life!  myself I have 100 btc..just gonna HODL at 1/2 the value now or more say 2.5k it is still way more than when I got in...the main thing is that I stay retired so far .even at that rate I can keep the 100 btc and just play the alts out for the next 2 years...so bring it! (it helps if you have no life..fyi...no temptations to sell) by the by it was around 2.5k BTC at this point a year ago...I admit should have sold some on the pump...but then again...just cause we are down to 6k or so vs 2.5k last year...does not mean it is a 'true bubble' a 'true bubble' from what I gather goes down to NOTHING.....I still say AT WORST we have 3k coin in use and adoption (watch me eat this but saying it anyway) whatever, the crypto gods giveth, the crypto gods taketh away! |
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I was hoping this was real and we'd have a lot of innovative fpga based products coming to market.
Are you thinking that product specifications of 7 kH / s 10 W are possible?  They hadn't yet posted specs when I merit'd them. It's not impossible, but the numbers are a little too good. Could have been a case of overly optimistic performance/power estimates. There is a scenario where this doesn't turn out to be a complete and utter scam. They had some type of board. The problem with the YouTube video was that it stopped/started every so many seconds, which led me to think that this board was not functioning as fast as claimed for any prolonged period of time. Maybe it ran for 90 seconds and then crashed, over and over, and they didn't have the know how to solve the problem. Maybe they followed the Vorrick funding method where you collect [other people's] money up front, figure out how to build your ASIC afterwards, and then deliver something... eventually. It's possible they took the money, they hired or will hire someone who knows what they are doing, they will eventually pay the PCB manufacturer, they will take delivery of the boards, test the hell out of all of them for, oh, three weeks or so and then deliver out of the blue when no one expects it. Blame the delay on the "Chinese LunarShot Monkey-Dog festival," or some such tripe. I give that outcome <10% probability, but maybe. Saying, your theory is correct ..he likely just got a hobby hacked FPGA board that was common in 2013 and prettied it up some....and again faked the screen shots....that indeed would make sense on his pictures IMHO....(these were old FPGA card for mining BTC back before butterfly labs and Avalon and ASIC'S for BTC. brad |
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Mass exodus on the network right now...lost over 50 TERAHASHES since the beginning of june. Looks like were going to have a 10-20% lower difficulty which will be enough to bring some people back.
sorry still harping on my previous point...in previous posts... 1) IF 90% of pow-scrypt miners are bitmain L3+'s and difficulty of say LTC is every 3 days or so...I figure folk will come back and at 12c kWh just yo/yo If I'm under 86c at 76 bucks LTC at 14c KwH ..then that means everyone down to 9c kWh is making 12c a day..fine for the hobby guy...but again not worth paying the data hall a month in advance even at those rates...the 3-day turn around on diff for LTC and all miners being clones with no advantage again ..it is yo/yo city without a lot of progress...LTC needs a major pump over 115 LTC and I'm not seeing that any time soon, I'm sorry to say... 2) anyone with a data hall has to pay 1 month in advance...so you'd have to see quite the pump over 115 LTC for me to break even..so why risk it? If you are waiting for the coin to pump ..just HODL with the miner's off..why gamble paying the data hall folk 1 month in advance or more? 3) Bitmain rumors are getting stronger on a 3x the hash unit at close to L3+ price coming out in July...if that is the case...everyone's L3+ is now a doorstop likely, no matter your electric price just saying we need a big price pump in scrypt pow and LTC or we are just 'rearranging the deck chairs on the Titanic for something to do' |
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Pre Exchange Coin for ASIC Miners Dopplerso this is scrypt-pow? confused? |
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If I calculate the future price of Lisk from the current price of $ 5, I would suggest the following:
1) After a month 6 $.
2) After a year, 20-40 $
BTC crashes to 2k and LISK at $1 just saying...what flops on one side can always flop on the other |
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I am a little surprised the OP went dark so fast. I expected a little bit of foreplay and maybe milk the late comers with the, we have good news and first batch is arriving and things look good... Opening up batch 2, but quantities will be very limited...
I mean he could have really milked this for another 30-50% more. Few more days and the picture should be crystal clear.
well folk HAVE BEEN caught on bitcointalk ...at least enough to pay BTC back..had a buddy (newbie) lost 80 BTC back in the day....we tracked it to a server farm got a hold of a tech and found out the IP he had was setup for a butterflylabs scam site ....like butterflylab.com or some such...we got nowhere after that on privacy...but posted we were making progress anyway on the thread with the previous ip name we got above...the guy panic'd thought we were 1 step from finding out his name (we were not) and paid the BTC back to all...I can't remember the name of the miner though that was a fantasy...bet it is burnt into my buddies memory....my buddy did pay BTC to those who helped track the guy down, equiv of 3 or 4 BTC at the time BTC was maybe worth 200 bucks or some such... actually, can't remember another time this worked I'll post the name of the scam ...when I talk to him next...I just can't remember the name of the dang unit..think it was Summer of 2014? big splash ads so again, possible...but above was pretty slim findings to make the guy panic was our only shot...it worked..but damn lucky he did. so dwarfminer is likely cleaning up after himself on this scam...so why take a chance...got the BTC time to get out logic |
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 4th AnniversaryFujicoin celebrated its 4th anniversary. Looking back on this one year, we were able to achieve various improvements. · Activation of SegWit: This opens the way to lightning network and atomic swap. · Enriching the wallet: electrum-FJC, Coinomi Android & i-OS, TREZOR. These have greatly improved the usability of Fujicoin. · Enriching official pool: We have launched 4 pools. · Enhanced communication: fujicoin slack, and reddit. · Anti 51% attack: Deployed in version v 0.16.1. These improvements were achieved through the support of community members. Please look forward to the strong growth of Fujicoin in the future. But as far as I can tell. Fujicoin is just a direct clone of btc but using scrypt n. So What does it have to offer over any of the other hundreds of also copied clones in the same Manner? I see no hook to differentiate this coin from btc, but for it being later than btc protocol As a copy and scrypt n  It is the same as litecoin that fujicoin is a simple fork of bitcoin. litecoin just adopted scrypt for the algorithm. However, fujicoin has better points than litecoin. That's the coin issuing algorithm. Bitcoin has already issued 82% of coins. And bitcoin has the problem of only a few people have a very large proportion of it. In contrast, fujicoin currently only has 13% coins issued. The supply of coins exceeds 80% is around 2030. Supply of Fujicoin is determined based on the theory of Diffusion of Innovations (S-Curve). The adoption of this supply method is the greatest feature of Fujicoin and realizes fair allocation of coins. Still don't get it. Litcoin has speed increase. Fujicoin fair distribution is just fine...but it comes down to if it is identical to bitcoin and has fair distribution ..it is just another clone of bitcoin, using scrypt-N ..it is not enough. Litecoin had the advantage of being first and the transaction speed angle....getting fair distribution of a lot more fujicoin than ever was pumped out of the 21 million bitcoin..still seems too late to the party and not enough to differentuate fujicoin from other coins you need some new features IMHO, just saying it is fair..making more coins...making it scrypt-N and following along...hell, a mess of other coins do such......the dev needs to add more to this coin in features or will be lost in the crowd IMHO....if it was gonna happen it would have started in 2014 at your launch...again, not to be an ass, but not seeing it happening without further enhancements or hooks on this coin to attract the masses..then the fair distribution may come into play..but not till fujicoin has more depth...again IMHO. As far as lightning and the seg witness aspects...all those other clone coins of many scrypt flavors identical in all (but maybe the fair distribution) also just added the 16.1 features etc etc...again....treading water is nice...but coin needs more work, in my view. brad  You should speak after studying Fujicoin properly. I made a comparison table with Litecoin for you. Fujicoin's transaction is more than twice as fast as Litecoin. In addition, Fujicoin forked from Bitcoin in 2014, but how do you evaluate BCH forked in 2017? Point taken....however, with not a lot of progress since 2014...you still need more 'hooks' on this coin IMHO,(ask around I'm sure others on here will agree) I've no idea what, masternode>partial pos? etc etc even with the speed etc...the fact is LTC is struggling against BCH as a fork of BTC...just saying..you need something hopefully 'more innovative' then simply keeping up with BTC patches again, no idea what, if you have such and are keeping it to yourself fine, I have some ideas pm me.... but again, it likely, imho is just not enough to 'float the boat" in 2018 vs 2014 innovativeness for a coin not a slam, but anyway, send me a pm...I'll let you in on something I think you should exploit.... otherwise, I'll keep my views to myself now....but again 2014 innovations and just keeping up with BTC just, don't seem to me ...to be enough or this coin would have 'popped' with the others in 2014 onward as well anyway my 2 fujicoin's worth brad |
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anyone bought this? is there any video or proof of not scam
cause is too good to be true, really
Yes I bought it, you can pre-order them from me if you want, and I will send them to you when I receive them...  oh..that is just 'cruel' on so many levels...it is like you are selling 'phantom puppies' that you expect to receive...and pass along and instead get a packet of 'sea monkeys' (brine shrimp) ...well played though, well played....keep hope alive kinda thing... anyone bought this? is there any video or proof of not scam
cause is too good to be true, really
Yes I bought it, you can pre-order them from me if you want, and I will send them to you when I receive them... on the first page ->> "Work demonstration you can see on our youtube channel: https://www.youtube.com/channel/UCz6buvT87nX-NuEkfcrNQGgIt does not have a fee, but updates will be charged. We expect $20-50 for each new algo. At now it is tested with monero, graft, haven, sumo and loki. The same coins should work too." the youtube link doesnt work can I see please the product working on some video first Are you blind or something? IT is a Scam there is no working product. ok tnx this topic should be closed than we all have to report it to the moderator regards lol... by the time the moderator's get to it..it will be 5 years....look up threads on butterfly labs, paycoin or gaw miners and alpha-tech etc old scam threads never die...they simply are 'recycled' as a life lesson to 'newbies' we've all been there, however |
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Did you guys signed up for the Optitoken airdrop? They require you to sign a message and send them the output along with your LISK wallet address and ERC20 compatible wallet address.
no idea what you are talking about...also no clue on how to sign a msg with lisk account |
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Well I have some L3+'s for sale...at 83c a loss per day...they are going off by July 4th 2018but...so I expect to see a lot of folk dumping units off the network at that time in my case, even at over 100 buck LTC...I'd still only break even...so again, data halls anyway need to pay 1 month in advance...at an LTC price north of 100 usd ..say 115 usd would I really pay, 1 month in advance 1,290.27 for a 30 buck profit a month? ...not likely, again July lots will dump..if you have really cheap electric you might make 15 to 30 bucks a month on your HOPEFULLY ROI'd L3+..but for those who have ROI'd and host...we likely will be a walking People called me dumb for overclock my L3+'s the day I got them sure I burnt a few boards but they ROI months ago. good for you, I roi'd last year...but looking into overclocking and my situation, 15% gain (and that is streaching it) is not gonna help my losses any...and again, the aspect of everyone has the same machine doing pow scrypt and LTC. As far as I know, (prohashing algo) they are all in the same boat, price vs miner wise....so again, the ONLY advantage in scrypt-pow now (due to price of LTC and scrypt-pow coins) IS electric..so those with good electric rates will float longer ...for example if I have 6c electric vs my 14c elec with rent and elec at data hall I'd make 67c a day or $20.09 a month after electric... that is fine....even with overclocking say it makes the above 15% better , but at day or $20.09 a month per unit....if you have to pay the data hall 1 month in advance $54.65 bucks for a bet of $20.09 ....or 0.7286 LTC a month...the case could be made just to use your $54.65 cost per month in advance and buy coin ...and keep all the 0.72860054 LTC.you would have mined for that amount in a month ..vs only keeping 0.267842357705398 LTC no month in advance payment to the data hall...no risk...and 3x the coin in HODL mode so even at 6c kwh and $75 buck LTC...better to sell the Bitmain L3+ unit...and the ave KwH in the USA is 12c KwH..you indeed could be the last man standing at 6c KwH...but Bitmain has cheaper electric in its worldwide data halls (2c KwH) and also probably only paid 20% on the $1.00 for equipment in such..they are gonna suck up me and all others who have to shut down on the difficulty drop..thus it could very well be, over the summer at these prices, bitmain is the big dog and could gain 51% of the network if it drops enough..simply with their electric PLUS equipment advantages anyway, the firmware don't cut it...not in my case anyway, I wish folk the best on all this ..but have ROI'd well and above what I should have, had L3's when Bitmain went from $6 upward...so can't complain... but for myself..time to conceed the feild to others....my assumption is that Bitmain will benifit the most from all this, weither they expected to or not! (its fine...always liked being a hobby miner with 2 in the basement better anyway...less angst) |
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4th AnniversaryFujicoin celebrated its 4th anniversary. Looking back on this one year, we were able to achieve various improvements. · Activation of SegWit: This opens the way to lightning network and atomic swap. · Enriching the wallet: electrum-FJC, Coinomi Android & i-OS, TREZOR. These have greatly improved the usability of Fujicoin. · Enriching official pool: We have launched 4 pools. · Enhanced communication: fujicoin slack, and reddit. · Anti 51% attack: Deployed in version v 0.16.1. These improvements were achieved through the support of community members. Please look forward to the strong growth of Fujicoin in the future. But as far as I can tell. Fujicoin is just a direct clone of btc but using scrypt n. So What does it have to offer over any of the other hundreds of also copied clones in the same Manner? I see no hook to differentiate this coin from btc, but for it being later than btc protocol As a copy and scrypt n It is the same as litecoin that fujicoin is a simple fork of bitcoin. litecoin just adopted scrypt for the algorithm. However, fujicoin has better points than litecoin. That's the coin issuing algorithm. Bitcoin has already issued 82% of coins. And bitcoin has the problem of only a few people have a very large proportion of it. In contrast, fujicoin currently only has 13% coins issued. The supply of coins exceeds 80% is around 2030. Supply of Fujicoin is determined based on the theory of Diffusion of Innovations (S-Curve). The adoption of this supply method is the greatest feature of Fujicoin and realizes fair allocation of coins. Still don't get it. Litcoin has speed increase. Fujicoin fair distribution is just fine...but it comes down to if it is identical to bitcoin and has fair distribution ..it is just another clone of bitcoin, using scrypt-N ..it is not enough. Litecoin had the advantage of being first and the transaction speed angle....getting fair distribution of a lot more fujicoin than ever was pumped out of the 21 million bitcoin..still seems too late to the party and not enough to differentuate fujicoin from other coins you need some new features IMHO, just saying it is fair..making more coins...making it scrypt-N and following along...hell, a mess of other coins do such......the dev needs to add more to this coin in features or will be lost in the crowd IMHO....if it was gonna happen it would have started in 2014 at your launch...again, not to be an ass, but not seeing it happening without further enhancements or hooks on this coin to attract the masses..then the fair distribution may come into play..but not till fujicoin has more depth...again IMHO. As far as lightning and the seg witness aspects...all those other clone coins of many scrypt flavors identical in all (but maybe the fair distribution) also just added the 16.1 features etc etc...again....treading water is nice...but coin needs more work, in my view. brad |
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Well I have some L3+'s for sale...at 83c a loss per day...they are going off by July 4th 2018but...so I expect to see a lot of folk dumping units off the network at that time in my case, even at over 100 buck LTC...I'd still only break even...so again, data halls anyway need to pay 1 month in advance...at an LTC price north of 100 usd ..say 115 usd would I really pay, 1 month in advance 1,290.27 for a 30 buck profit a month? ...not likely, again July lots will dump..if you have really cheap electric you might make 15 to 30 bucks a month on your HOPEFULLY ROI'd L3+..but for those who have ROI'd and host...we likely will be a walking |
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Dwarfminer Watch last active 6/20/18 today's date 6/26/18 (with 47 min to go CST) 6 days going on 7 days CST in the USA (Elvis...has left the building) Again, not to be 'glib', I am sorry for those who got these units. brad |
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that complicates it ..but generally...IF there is not a robust network for sia's vision in place to use these ASIC's then they will also be in a bad place just a month or so behind...I just see no action on how they plan to compete against Amazon on their decentralized 10c to $1 Amazon giant.... deafening silence...thus looks to me like a crap load of ASIC's will hit...w/o any real purpose...and the price will tank also if their vision is 'postponed' or not in place for the 'glut' as you point out of hash hitting on blake2b you can't have it both ways...if price now is due to scarcity and also the anticipation of their vision..and the major investment of $$$ that people speculated on with the ASIC's too boot...well it is step up of fail or how I see it on the other hand for what you paid for one of these puppies and what I paid for obelisks' last year with high priced BTC...as far as just holding crypto wise we probably are even....just from that timing situation and last years price i talked to one of the sia devs in europe for like 3 hours yesterday ~ we share the frustration with the current situation >> the aim is science whereas miners are trying to pay their bills instantly...we will have new updates inkoming * #BTI #SIACOIN #SIABERRIES ==> https://markets.bisq.network/https://freiexchange.com/market/BTI/BTChttps://poloniex.com/exchange#btc_scwell, I plan on mining and HODL mode...for the project...the catch is IF the electric is MORE than I can get from the project (assuming the decentralized network is up) then things get difficult. the solution, IF, all they need is a MODEST ASIC network, assuming there are too many out in the world that will turn on and complicate either Siatech folk's timeline (ie not ready by the time the ASIC flood hits) the correct solution is to 'fork the coin' so only the original Obelisk's can run this token they need for their decentralized network...you could still have it linked in value to siacoin..but could control such things as ASIC pump...supposedly Sia-Tech said they could fork with a mod in the ASIC chip ...IF Bitmain played games...well...now may be the time to panic and implement that now.. or again, just fork the works, siacoin, which as far as I can tell sia-tech has no speculative money in the game...goes its own way and Sia-Tech has a new coin/token if/when they launch the decentralized network ..under those circumstances, I'd mine for a loss to get their network up on future need ..and this new coin having no value to start (much like bitmain b-miner and their algo) ...but ....with sia coin already existing and a set value and all ASIC's going on as they arrive...and NO decentralized network in place....well....IMHO, the only choice would be to fork ...you can't control the machines by other mnfg's out there...above and beyond you expected..you can control the speculative price (lows) that was put on siacoin for scarcity..which hardly applies to your vision...and again, if you can't get the decentralized network up this summer....with the above ..you lose even on that bit of control likely, won't happen, would have made sense to happen when bitmain made units..now likely too late but again, you can't have siacoin price as a speculative coin....with other mnfg's kicking units out like toasters on top of your own units and NOT get your decentralized network up in time ...even if it is your own brand and complain siacoin is either a method to keep track of decentralized storage using token/coin to validate and get this up at 10c on the $1 Amazon centralized method or siacoin is a speculative coin, based on scarcity like all other alt-coins...and will suffer the same fate as ASIC's bring to all speculative coins so unless they fork, and/or have their network up to speed by the time they hit in 2 weeks they have the worst of both worlds and it all dies again, price/value is one camp (the decentralized network) or the ASIC power will be used as folk have seen with other speculative coins myself, I'd fork to the orig obelisk equipment, the other mnfg's made this equipment to get under sia-tech's umbrella and pump siacoin before the network came out this summer...so hell, if that is why they made the 3rd party equipment ..screw them...fork...it is no different than what bitmain has done playing games with the other 4 novelty protocol miners they have made and the devs forking the algo... anyway, what I'd do...ASSUMING ....it always was a decentralized network thing and the ASIC's were there for control and security as stated in the past and NOT due to the current speculative price of siacoin now....they are frigging screwed....but I'd fork and bet on the network ...siacoin price would tank..but again, a choice to do NOTHING under the present circumstances is still a choice...thus back to the problem of a crapload of ASIC's and no network...so pick your poison I guess brad p.s. I know they are not gonna fork..but honestly...can't see a better solution with the ASIC's hitting the world and price and IF they will not have the decentralized network up to speed...as it is now I would make the following if my Obelisk miners showed up today: I'd make NOW 40c a day with $1.68 in electric costs per day. This is 800gh at 500 watts Obelisk SC-1 again, just not gonna happen, likely by the time I get these up say starting 3rd week of July 2018 as a guess, they will not be worth taking out of the box. so lots of bad choices..my bad choice is punt and fork..but again...not gonna happen...so in my case, stay in the box doorstops....(if you leave them in the cardboard box, they make better doorstops and slide easier) (sob!) FML my 2 siacoin view |
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there's another thread about an fpga with similar price & specs as far as I could tell as the dwarf.
the price drop depending on orders sound logical but can be another lure to attract buyers.
if that is a real project or not, I don't know.
link...not that I'm going to believe them either without someone from the forum testing a unit... with a legit video and demo to boot |
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that complicates it ..but generally...IF there is not a robust network for sia's vision in place to use these ASIC's then they will also be in a bad place just a month or so behind...I just see no action on how they plan to compete against Amazon on their decentralized 10c to $1 Amazon giant.... deafening silence...thus looks to me like a crap load of ASIC's will hit...w/o any real purpose...and the price will tank also if their vision is 'postponed' or not in place for the 'glut' as you point out of hash hitting on blake2b you can't have it both ways...if price now is due to scarcity and also the anticipation of their vision..and the major investment of $$$ that people speculated on with the ASIC's too boot...well it is step up of fail or how I see it on the other hand for what you paid for one of these puppies and what I paid for obelisks' last year with high priced BTC...as far as just holding crypto wise we probably are even....just from that timing situation and last years price |
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