well that part is easy enough... hi! Arklan Uth Oslin, at your service. no, really. stop looking at me like that. that's really my name. as it's pretty unique, most of the google results for it are, in fact, me.

as to the rest - fair nuff. and i didn't just learn about bitcoin. i've been actively lurking (heh.) around here for about a year now. only started posting recently. as to the competition part - yea. very good point.

edit - spelling

So, I am fortunate enough to live in Kansas City, MO with an electric rate of about $.06 per kWh. As such I want to build out a mining operation. My current thinking is to get the best FPGA's I can (using the TML bit stream for best results, depending on what Lancelot's offer) though in the long term that may change with the ASIC's from BFL being announced.

Right now my meat space job barely covers my monthly expenses, and due to several years unemployment, my credit sucks so I can’t just throw the charges on a credit card.

So, my thinking is offer bonds and shares to raise the initial funds to buy enough FPGA's to add 5ghash.

The part I don't get about GLBSE - knowing Bitcoin is irreversible and the like, what makes anyone trust anyone? I mean, how can it function at all?

I personally have no intention of scamming or taking the BTC and running or such - I love Bitcoin and what it's about and want to be a bigger part of it then my money allows. But what makes you guys believe that? how do I generate any trust?

dang it! you qouted my typo "interesting times" i meant. but now i can't go edit it! my shame shall live forever.  (doubly so since i'm qouting to too now! oh no!)

while i wouldn't throw a term like greed around lightly, (we're all here mining bitcoins intending to make money after all, aren't we?) the potential for the commision could be substantial, yea. but then, as the last couple weeks clearly show, there could be some other development just around the corner that leads to everyone dropping this bitstream over night, since it's freely available software. no one's going to hesitate to update ot the next big bitstream. i don't hold any kind of malice towards somone wanting to make what they can from their work, while they can, knowing it could evaproate like that.

28nm fpga's out doing BFL's asic... man, if that's actually potentially possible (which by all i've read seems it's a bit of a toss up right now) the next 6 months or so are gonna prove fascinating.

with the TML bitstream, if i understand it all right, your 800 Mhash set up just passed 1040, even after his commission. interestingimes.

...now THAT is interesting.

mines showing 9:28 to go... which placesit approximately on target for midnight pacific time.

was my first thought actually.

probably people switching, like the above poster. not everyone's going to say anything when they do.

see, now that makes it a much more interesting discussion. one i'm not qualified to have. but interesting, still.

well the question is, do you LIVE in africa, or would you have ot pay someone else to build, install, mantain and provide security for this? if you're simply after plentiful sunlight, africa doesn't have a lock on all of that.

the problem you'll have, even with low power fpga's, is that powering enough of them, their cooling, and internet access, all off solar/wind (why limit yourself ot solar?) is a significant invesntment in solar/wind tech. so, over the long term it's a great idea, as we see with diablod3 planning to do precisely this. it just takes a big slam of cpatial up front to really make it viable and pay off the investment in any reasonable time.

and with things as they are (the ASIC discussion and the end of year halving of value) there's alot of potential flux in the long term difficulty/price, so a investment on this scale has risks that simple setting up a few dozen rigs/fpga's in your home and using cheap electricity doesn't.

but, in short: it's doable, sure. just risky.

was thinkin the same thing...

i agree completely. until we have even an 2estimated target, preformance wise, it's all speculation and guesswork. and given the singles and their estimate/reality relationship, i'll personally that eve nthat with a grain of salt.

shit - laughed so loud i woke the neighbors!

though, yea. agreement.

ok, yea... that got some laughs out of me, d3.

good to know. thanks.

pondering picking up some of these. what kind of time frame would i be looking at for an order of ten or so?

p2pmining.com worked wonders for my 90mhash nivida card, so if you want ot use p2pool with 100mhash, thats the way to do it.

i recall seeing that conversation somewhere on these boards already, enmaku... suffice to say - a lot.