Thank-you Jutarul for the update, look forward to seeing how much we will be given back for our Amhash shares.
I'll start the bidding 33,461 @ BTC0.1 *Please note that my offer is 0.1 total not per share. |
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I find it interesting that KNC ships 2nd batch Titans and we are suddenly looking at an -14.35 difficulty drop with 11.1 hrs to go difficulty drop for LTC?
it is almost like a bunch of miners got 'unplug'd' and moved/(shipped?) someplace else? (knc would not do that right...hoard miners for own use?) heh
Much as I love a good conspiracy, a huge amount of scrypt hashpower (around 250-300GH) was running on LiteDoge after its launch a couple of days ago which has affected the current LTC diff. |
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Scrypt has gone through the roof, would be nice to point my machines here but both pools just report as dead. Tried with and without #xnsub and the same with #skipcbcheck Tried westhash and nicehash, tried with and without worker names. Tried p=, d=, x and other combinations, reboots and restarts but always dead  |
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Hi Lee
can I send you shipping labels for my miners?
I need your EXACT shipping address please.
With Bitmain and your Price now I would like to ship my miners and PSUs to The U.S.
Or if you have someone that wants them for 380 please PM me.
I have power now at 9.2 cents. It's best to run them here.
Thank You
I'd check your sums before you go ahead, at 9.2 for power you will be paying only 10c less per day hosting them yourself Divide the shipping cost say $50 (I suspect it will be more if you want the PSU as well) by 10c saving and it's 500 days before you see any benefit. |
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Its likely an effect of the DDOS, site is on cloudflare so any outages should be very brief.
They shouldn't have to deal with a ddos attack. It's a shame that someone threatened bitmain at all. I was very upset at how they handled their price increase this week, but a ddos attack is ridiculous. I think they have handled that perfectly! I applaud them for not caving in to the ransom. I agree. Never cave in to them. The ddostards should concentrate their computing efforts on mining cryptocurrency. You mean their 24 hours of hired botnet capacity?  Its rented for a cost and they're just hoping they can ransom more than that cost. Is it the same group/user who attacked nicehash/westhash last week and ghash just before ? https://bitcointalk.org/index.php?topic=562238.msg10692634#msg10692634 |
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You have to constantly fiddle with the "p=xxx" and it's not worth the hassle anymore; can't they arrange it so the sellers don't have to fiddle with it? Why would any buyer pay more for mining than buying a bitcoin directly?
This is why I don't point my rigs here anymore. It's been suggested multiple times that if it was p=percentage and not a price then it would be easier for all. IE: If p=5, then anytime the rate is 5% greater than standard it switches, all the figures are already computed by the site so it's not that hard to do surely |
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I've moaned about Bitmain's price gouging in the past (which is what it is despite all the clever words), but this time doesn't really matter.
Anyone who carefully looks at the numbers realises it would never ROI at the old price, so it's irrelevant what they charge now.
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Now why would the guy who earned tens of thousands of btc legitimately want to scam people for a measly 1700 btc?
Oh a measly 1/2 million dollars, yeah who'd bother <end sarcasm> |
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The scam has happened in this case. It is not a conjecture any more...
You are missing the main point of this thread, the clue is in the topic title where it says "ponzi risk assessment" and not "scam risk assessment" But putting that fact aside you ignored the huge disclaimer in the first post that in summary says "investing in cloud mining is probably a daft idea" Here is my summary of ALL cloudmining operations, that I posted in the spondoolies thread a while ago There are only 2 types of cloud mining available
Genuine
Backed by real hardware and priced so that the provider makes all their profit up front, buyers take all the risk and if they are really really really really really lucky might start making a profit 6-12 months down the line, but with rising difficulty or falling BTC you can soon see a contract end up cancelled long before that point (see Usimoo, cex etc)
Chance of ROI <5%
Ponzi
Priced so that it appears the buyer will start making a profit in a much shorter timespan to make it appealing. Backed by no hardware at all and the operator runs away as soon as new suckers are sending in less money than the old suckers are withdrawing (see pbmining, hashie and a long list of others)
Chance of ROI <1%
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His mom will be breast feeding him at 6pm, so expect services to return to normal shortly.
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Why should anyone sell a titan for 5% of it's price when you can get ROI in less than 2 months on the 500$. Customs probably cost him more than that.
Obviously he does not think it is worth much more. 4 months ROI would be a fair price for it. So, anyone with a titan can confirm mining @ 300mhs using 1100W ? like they say on their page ? My buddy says his is doing 330mhs @ 992w 1992w maybe ? He told me this 5 min before I typed it, he has no reason to lie to me. He also said he has some dead dies. I suspect this is the reading from inside KNC's GUI rather than at the wall. Mine is running at 3.75w/GH and that was the best I could achieve with underclocking (it makes very little difference) |
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What's the speed on these and power consumption? I know what the spec sheets say, but there were some problems with the batches.
These are from the first batch if that helps. Speed is ~4.45Th/s for ~2.9kW. These specs vary based on your cooling conditions. How about underclocking? Are the numbers comparable to the sp20e except 30 chips instead of 8? Can these units achieve the same underclocking benefits that the Sp20e can (ie. low .5w/gh)? To help out roadstress, here are my results on 240v  |
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I think they might expire today so last chance to buy.
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Further to my post here https://bitcointalk.org/index.php?topic=521520.msg10619181#msg10619181I have a gift card for $809.19 and a discount voucher for $134.87 giving a total of $944.06 off the cost. I can either order the item with shipping direct to you for $1675 plus whatever the shipping cost is ($150 to USA as an example) or You can buy the discount codes for $544.06 and order it yourself. I have no problem with escrow through either squall1066, OgNasty or SebastianJu all of which have excellent reputations on the forum Proof that the codes are valid is below  |
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I was part of the group buy ages ago for the SP30, because it failed to live up to the specs that were advertised at the time Spondoolies agreed to either issue coupons or a refund for $944.06.
Because I was confident in SP I decided to go with the coupons, however the pricing on products since then has never been good enough to warrant me purchasing an SP31, I asked in this thread at the time and was told they would be good for any other products for the next 6 months.
Sadly as we know the BTC price collapsed which has meant that even once I have applied the discount I'd essentially be paying money for a machine that loses money (All my SP equipment has been sold because its not profitable to run in the UK, or at my hosts abroad) so needless to say I haven't purchased anything.
As the 6 month period is almost over and Spondoolies have said there is no new hardware imminent, I asked if I could have the refund instead and was suprised that this was refused I must say I wasn't expecting that given how good SP have been with their customers and now I'm stuffed.
Therefore my last hope of salvaging something from this (unless SP want to reconsider) is if someone wants a brand new SP31 shipped direct, I will order it and give you $400 off the price, PM me if interested.
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I know this is currently off topic in this topic. But what is the speed of the old KNC Jupiter miners? I read rates anywhere from 450 - 800 GHs?
The very first ones October batch were 550GH, the rest november were 650GH There is a custom firmware that allows easy overclocking, so that will be why you are seeing loads of different speeds being quoted, some got around 900GH |
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If large companies are saying that when mining this not paying expenses and are closing their doors for a while as. And even these comic garage fund mining companies say they can mine and still pass on profits. Are all ponzis and what is worse at least have a satisfactory return could be worth apena, so that after 6 months and able you are able to take what invested and that if it lasts 6 months.
So Megamine is just simply fraud? Not worth giving them any money? A question I'd like to hear some thoughts on. It's not a fraud, the companies closing their doors are using older ineffecient equipment (or are ponzi schemes). As of a few days ago, I actually went into +ROI territory and it was a good investment. Having said that I did plenty of research and went over the numbers a lot before deciding to buy, the same conditions may not apply today that's a decision only you can make. |
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Is there an active pool with >=100% over it's lifetime Funny you should ask that... yes. I take it that's its your pool, but you realise by your own logic things MUST get worse  |
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