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2461  Bitcoin / Mining speculation / Re: When will Bitcoin network reach 1 PH/s? on: August 26, 2013, 05:25:40 AM
Definitely after February 2013, I'll bet money on that!

LOL...I almost didn't catch the 2013 part!! Was just about to see if you wanted to wager a bit-nickle Wink

*I'm guessing we hit 1 petahash by end of October (this year)
2462  Bitcoin / Mining speculation / Re: Why is the demand still so high for Miners with returns like these? on: August 19, 2013, 06:12:19 PM
If everyone stop mining and start buying BTC instead of investing in mining, price will skyrocket. Maybe this is one of the reasons for the late spike.

If everyone stops mining, the network will collapse and the price will plummet.

Sadly, behind the veil of greed, people forget that the primary function of mining is transaction processing and securing of the network.

This.

But also, say Moebius327 just mean "lots of people" and not literally everyone. It doesn't matter whether the network hashrate is cut to 10% or skyrockets to 100x what it is now. Either way the same number of Bitcoin get created. Sure, he's saying more people would be buying so I suppose demand increases some, but I'm not sure I'd call that a skyrocket.

Same number of Bitcoin will ultimately get created true. However, it's the amount of time that its going to take to create that finite amount of bitcoin that is going to be seriously reduced by exponentially increasing network hashrate. I too would agree that the money seems to be starting to flow into actual BTC value now that large mining players have already dumped large amounts of cash into 1st and 2nd gen ASIC pre-orders.
2463  Economy / Lending / Re: [170/200] NASTY MINING: Monarch Upgrade Loan Request on: August 19, 2013, 06:34:28 AM
OgNasty, I recently picked up a share of NastyFans which says the issuer is Nasty Mining. Is this in anyway related to your Monarch upgrade loan on bitcointalk?

Wish i had the extra coin to shoot something but 5 is way to rich for my blood at the moment. But monarch line does look quite interesting. Good luck with your venture.
2464  Bitcoin / Mining speculation / Re: Diff increase today (again) on: August 13, 2013, 05:43:18 PM
I wouldn't be surprised if we skip over the 60's once we land in the 50's.
+1
2465  Bitcoin / Mining speculation / Re: 100 TH/s jump today on: August 12, 2013, 06:47:29 PM
Interestingly enough...6-9 months from now we will probably be looking back at these old posts wishing we only had 100TH showing up overnight!

2466  Economy / Securities / Re: [BitFunder][RTM] Rastamine - 126 Gh/s perpetual mining bond on: August 12, 2013, 01:59:48 AM
Hey rastapool...just picked up a share of your RTM and JAH each. Could you give me some idea as to what current estimated hashrate/share payouts we might be expecting? And when do you think next RTM dividends might be getting paid out?

*I'm sorta new to this whole bitfunder situation deal so go easy mon Tongue
2467  Bitcoin / Group buys / Re: .10 promotion from ASICMiner distribution by CanaryInTheMine on: August 11, 2013, 10:00:49 PM
Canary,

Any idea when you may be getting to the remainder of the GB #11 order(s)?
2468  Economy / Service Discussion / Re: https://hashrack.com/ Is it legit? on: August 11, 2013, 08:11:05 PM
Really starting to appear that way :/

Unable to send e-mail, this is what result(s) from trying to use their contact us feature:

An error occurred
An error occurred during execution; please try again later.

Copyright © 2013 Hashrack. All rights reserved.


*Highly suspect
2469  Economy / Service Discussion / Re: https://hashrack.com/ Is it legit? on: August 11, 2013, 06:08:37 PM
Sure have...purchased the smallest hashpack on the first of may. Has been in pre-order 0001 stage ever since. And unable to send e-mail via customer portal...appears disabled.

If there is anybody representing hashrack watching this thread I would love to hear from you.

2470  Economy / Securities / Re: [BitFunder] [TAT.VIRTUALMINE] Virtual Mining - Hash Without Hardware! on: August 10, 2013, 05:57:56 PM
Don't know about everybody else..but I only recently hopped on this bandwagon a few days ago...and have only received one dividend thus far. Thinking it may be time to hop ship already :/
2471  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Profit-switching][0%fee] multipool.us:Always mine the most profitable coin on: July 31, 2013, 07:56:59 AM
For all intents and purposes it appears as though your customer portal is down (for me anyways). Not even sure if you guys are really processing my shares at this point Sad

*EDIT: I'm a complete b00b it turns out...was trying to login to .in rather than the .us i'm actually registered to...go figure :/  Can't yall just program some sorta auto-sensing plug and play black magic voodo in there that automatically redirects us rednecks to the proper domain?! Tongue
2472  Bitcoin / Group buys / Re: ASICMiner Rumors on: July 31, 2013, 05:17:32 AM
So, have any group buy operators heard if they will be able to reorder USB miners for .1 BTC like BTCGuild is offering?

It would suck if the group buy administrators are not allowed to have the same deal as BTCGuild. It screws all the people that bought from group buys and unfairly rewards everyone that bought from BTCGuild...
all re-sellers are waiting on stock and instruction (how and who gets it) from the manufacturer...
you all need to hold your horses and wait till friedcat makes the announcement on who, what, when, where, how etc...


Yo Canary...it's been hours now! What's da word? These horses ain't gonna keep much longer Tongue
2473  Bitcoin / Hardware / Re: BFL is Assembling 400 (not 300) Units a Day! on: July 29, 2013, 07:45:55 PM
There have been some logistic problems with shipping. In the photo below, a shipment of Mini Rigs was delayed.



LOL!! Guess now we know why they are having issues with PSU supply line Tongue

BTW, when/where was this discovered?

"We even learnt that the PSU line is currently shut down due to not being able to procure those parts. Remember, a shipment of 10,000 PSUs were shipped to Sonny's Walnut Street address. Surely, BFL didn't go through all those already, did they?"

*If there is a source for the above statement please provide a reference, else assume invalid
2474  Bitcoin / Group buys / Re: [SHIPPING] Buy #15 ASICMiner Erupter USB - Shipping Monday .55 btc 450+ shipping on: July 28, 2013, 07:38:43 AM
nwfella;1;0.55;1CfbxmQ5LE8zXg9pBSgAViN798SSkeQRNS

txid: 75f9cb12e32b12052845b77cd2d746c9ad0e199d8ba7675a48a6ab7ee26c5e25-000

*Please append to previous order(s)

Can't wait for this weekend to be over! Wait a minute?!!? Canary!!! What in Hades are you doing to me here!! Tongue
2475  Bitcoin / Group buys / Re: [SHIPPING] Buy #15 ASICMiner Erupter USB - Shipping Monday .55 btc 400+ shipping on: July 28, 2013, 06:27:47 AM
nwfella;1;0.55;1CfbxmQ5LE8zXg9pBSgAViN798SSkeQRNS

signature: H/TkLbo4OSqaooztlsSpMM4WKW6azP8B/RINrW/63gdafUuZnOug9UcDhCjomTEfbev4Vh0rgCd3NqMEExuxq+s=

txid: 8e126d288663a7888a5041c10a0874e5bbe558ef854d54ecf9c7b695958aec8f-000

*Please append to previous order

**Searching my bit-couch too Tongue
2476  Bitcoin / Group buys / Re: [SHIPPING] Buy #15 ASICMiner Erupter USB - Shipping Monday .55 btc 400+ shipping on: July 28, 2013, 06:08:24 AM
nwfella;3;1.65;1CfbxmQ5LE8zXg9pBSgAViN798SSkeQRNS

txid: bcf9f4a5d860502809e9a03196eea33fa5936755ba6e863a72502d418fad41b7-000
2477  Bitcoin / Group buys / Re: ASICMiner Rumors on: July 26, 2013, 06:35:03 AM
Watching closely! Smiley
2478  Bitcoin / Group buys / Re: ASIC BLOCK ERUPTER: STARTING GROUP BUY #1 on: July 22, 2013, 07:30:22 PM
Odds are you aren't going to get many takers (if any) at those rates I'm afraid.
2479  Bitcoin / Group buys / Re: [OPEN] Group Buy #12 ASICMiner Erupter USB - Quick 2 day group 140+ ordered on: July 16, 2013, 07:41:04 PM
Will be hoping on-board the Canary ASIC express for at least one.

*And another USB hub if you still have those available?
2480  Bitcoin / Hardware / Re: Hubs for Block Erupter USB AsicMiner on: July 15, 2013, 11:40:35 PM
watching
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