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Does it have Retina for the display and which graphics cards does it carry?
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MAJOR UPDATE ON FIRST POST
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MAJOR UPDATE ON FIRST POST
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MAJOR UPDATE ON FIRST POST
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do you mean buy mining rig/hardware? we can't stop people to buy new hardware. people will stop when ROI seem impossible in their calculation, either because BTC prices crash or difficulty is too high prevent 51% attack? just stay out from ghash.io  but since they offer best choice for miners, not simple like that to say stay out from ghash.io  I don't use ghash.io for that reason and we are pushing a ton of hashing power. Support a diverse amount of pools. -D which pools do you use? any suggestion? Slush, BTC Guild, etc.... Those are both decent pools. |
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Just want to know what you guy feel about this:
1. Is the right thing to do to stop buying miners to prevent difficulty from rising too much?
or
2. Is the right thing to do to buy more miners to prevent a 51%-attack?
Personally I believe in #1 because most of us have older miners, like Antminer S1s, that truly help the network stay decentralized. If we keep these "alive" a few more months the GHash issue is probably resolved, and there will be more data centers in various locations around the globe - which also is decentralization in a way.
More miners has always been good however its starting to get to the point where the questions is "Where am I going to plug them in?" Plenty of places to pick! Nice to see someone get a plug in for colocation services however all these services do is increase the overhead for running miners. You obviously do not know what you are talking about in regards to the value of hosting. This generation of ASIC miners are almost too big for a home power grid, especially if you have more than one and these days you do. The costs of mining will be bore period, many people do not want 2,000 watt heaters in their house during summer. |
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It's a free, international market. People are going to do what is best for them, not what's best for BTC. Even if you could stop individual miners from buying more machines (which you won't), you'll never stop corporations from building massive datacenters as long as they continue to profit.
This is true. |
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No point in BFL trying to hide the fact that they are hashing with customer equipment. It already came out in court documents.
Now they are just spinning it by claiming the equipment is "not suitable" for customers.
Do you have a link for this court document? |
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do you mean buy mining rig/hardware? we can't stop people to buy new hardware. people will stop when ROI seem impossible in their calculation, either because BTC prices crash or difficulty is too high prevent 51% attack? just stay out from ghash.io but since they offer best choice for miners, not simple like that to say stay out from ghash.io I don't use ghash.io for that reason and we are pushing a ton of hashing power. Support a diverse amount of pools. -D |
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I love these threads, because they are usually total nonsense, with just some random new website calculator to put in some assumptions into, leading to some set in stone conclusion which never changes.
You won't make ROI, ever, blah blah blah blah.
Please. Your assumptions are totally invalid.
Here, I will give you a real world example. I'm a small-time home miner, mostly do this for a little fun and a little profit.
I bought an S1 AntMiner in December 2013, and one in January of 2014. Total cost for the 2 S1 AntMiners was 5.35 BTC.
Here were are in June of 2014, and I'm looking at a wallet balance of about 6.6 BTC.
Net profit = 1.25 BTC, or (1.25/5.35 invested)*100 = 23.36-ish %.
Electricity cost per day is about 35 cents, to that's about 65 bucks worth of electricity for 180ish days.
This is not a boast, or a calculator, or a set of assumptions.
The price of BTC in $$, or rubles, or yuan doesn't matter, since I paid with BTC.
If you want something done right, do it yourself, and don't worry about the price spikes or price dips. Averaged out over 6 to 9 months, you will almost always make a small profit (assuming you don't have an excessive electricity costs).
I think you may be understating your power price if you pay for it. By your math you have .01/kwh power (.35 / 24 hrs = .01458). Can you please pull out your power bill again or if you want to disclose your state and county, I can look it up. -D |
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Forum user: klintay sells a 49-port and it is wonderful. Bought one to test and now I am getting 4 more.
-D
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Take a look at zeus and their distributors.  That doesn't change my above statement. What do you like about their distributors? |
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Seems a little steep still. Where is it shipping from?
-D
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Without access to 2 TH/s+ or higher, it's unlikely you'd ever mine back $3300 worth of BTC. https://bitcoinwisdom.com/bitcoin/calculatorIf you still want to mine just to learn or for hobby, get an Antminer S1 or 2. If you're mining for profit or ROI, it'll be difficult without multiple TH/s worth of miners and cheap electric or hosting. ^^^^^^ This is decent advice at this stage of Bitcoin mining. |
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waldohoover - so are you saying that a remote reboot will get the TM back up and running at full hashing rate and that I don't need to physically unplu and replug in the PSU's?
Basically. I am not going to speculate here but it is not "hacked". Power stepping does work. I have a hosting business and many of these units. I have seen 4 different issues with these units that have similar symptoms. .02 BTC-D |
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Earning are off, I immediate dialed into that. Also the rejects are fantasy land. GG
-D
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It means the power supply is likely failing. I actually just had this happen to one of my hosting clients yesterday. We contacted Cointerra support and look to either RMA the unit or get a replacement sent out with instruction on doing a swap.
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