Or even better, direct X percent of mining or X many chips toward Y pools. I'd LOVE that.
I can't fathom how this level of control serves any useful purpose. I like to mine more than BTC. I cold split up various accounts on PPS pools, PPLNS, etc... for alts, and for BTC. Serves infinite purpose for me. I can divide my hash at desired percents, etc... I dont even understand why you would wanna do that...ROFL And you didn't ask either, that's fine. It is my prerogative. I happen to like diversification. Or even better, direct X percent of mining or X many chips toward Y pools. I'd LOVE that.
I can't fathom how this level of control serves any useful purpose. . Saying that is a very good way of making me even less interested. Cool, love the heart warming response. I'm sorry that I support other coins as well. I'll take my leave of the thread now, you fellows can have it back. Sorry for the suggestion that is apparently outrageous and out of this world to conceive that it could be useful to a miner. |
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I'm misunderstanding. I put up ads for cash, and it wants me to escrow the coins into their account? Are they insane? I have heard too many bad things and apparently scams are beginning to become rampant on that site.
Is there a site in which matches individuals to meet and exchange cash and BTC at the same time?
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Or even better, direct X percent of mining or X many chips toward Y pools. I'd LOVE that.
I can't fathom how this level of control serves any useful purpose. I like to mine more than BTC. I cold split up various accounts on PPS pools, PPLNS, etc... for alts, and for BTC. Serves infinite purpose for me. I can divide my hash at desired percents, etc... |
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Patience is a virtue yet time is of the essence.
How do we manage the two? Many stocks are "tanking" now, yet twice as many companies are offering efficient next generation machines.
I'd be interested to hear if creativex has reconsidered using a fraction of the reinvestment fund as part of a hedging/investment portfolio.
I respect the many "cloud-hashing" startup programs hoping to bring terahashes (+-1TH) online in the coming months, but $1-7 million is a high sum to place on a sole ASIC producer, even with "buyer protection."
bASIC-Mining is positioned to acquire readily available next generation hardware upon deployment. Has BTCland learned nothing from pre-orders?
And it is this approach and war chest that make bASIC so solid in my mind. It's no question for me.. |
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Sure can.
Hi, if you have time, would 350-400 or even 350-450 be an ok autosetting in a 20dgr airconditioned room? for an avalon batch 2 3 module unit. Unless you have done hardware modifications, you will not find any stock avalon under any conditions that will run much better than 360. The firmware posted so far already allows for speeds up to 450. What kind of hash rates are people getting on Batch 2s with 450 freq?? Sounds nice.. |
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Is there a way to set a 4th pool in the web interface?
You might use the more option field for this, just append 4th pool setting to your avalon options, such as --real-quiet --avalon-auto -o stratum+tcp://stratum.btcguild.com:3333 -O ur_worker_name:123456
Didn't tried it, but it should work. Why do you need 4th pool? Honestly, I wish we coudl have as many pools as we wanted for the Balance feature. Or even better, direct X percent of mining or X many chips toward Y pools. I'd LOVE that. |
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Why BM shareprice is dropping ?
1) Actually, no one knows who is going to win the aisic_mining race.
2) The inside world of btct: too many new IPOs, too many companies, not enough investors for all this.
3) Actual context: Labcoin, is draining a lot of BTCs right now.
4) All other factors I've forgotten.
Even if the price is dropping, BM is still the best (IMO) company on btct. Always driven by logical decisions and this may payoff some day. This does not mean people should buy or sell. These kind of choices should be done with a proper reading of the market.
Reasonable assessment. |
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Guys......I have been trying to be polite and let this thing burn out on its own but that doesn't seem to be happening.
Can we keep this thread focused on Bitcoin-Brokers please?
Thanks.
Apologies, was just trying to warn people of risk involved with SEPA. I will step away. Regards. |
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I believe it to be a mistake to assume that just because a company can develop their own chips that they'll be able to deploy them expeditiously, and we all know how quickly things move in this space. There's only one ASICMiner for a reason, and even the bluest of blue chip BTC companies has been losing share of the global network for some time now and their share price has been going with it. I find it odd that people believe the companies currently hoping to emulate ASICMiner's impressive performance won't experience the same difficulties. The companies with the best performing share prices at this time in the mining space are the very same companies that haven't had the weight of expectations placed upon them...yet.
Also much of what was mentioned above ignored the fact that the rapid growth in network hashrate is also dramatically lowering the cost of mining gear. 400Gh/s for October delivery from bitfury is currently 73.22BTCs and it could well be overpriced, yet bASIC-Mining currently has the resources to purchase 11 such 400Gh/s kits.
Cheers.
The bottom point was one I tried to imply, I agree completely.. |
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Want to sell abou 5-10 5850s. Have some PSU as well, but really looking to just move the card now, but if special interest in850 or so and 1k PSU, LMK. Also have small ram can work in. But mostly, again, the GPUs. Please post or PM, can ship Monday.
Escrow at request, but you pay the fee. My rep here is well enough that I'm not really interested. Or if we can agree to a third party we both trust.
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I have been reading the forums about transferring QT from one machine to another, but it doesn't seem like anyone really has come up with the way to do this in a way that I as a reader can understand. I want to give this a try just to see how it works, but I don't know what to do after reading multiple forums on the topic.
Maybe it is just easiest to export wallet to BlockChain.Info, but what does that entail? When a machine re-downloads the block chain, does the entire history pop up of transactions?
I was thinking of putting the block chain on a .dmg file, uploading this to the new machine, and then just, what, dragging and dropping???
Best,
Justin
If you can't figure it out from the thread, PM me and I will walk you through it in a bit. It's exceedingly easy. |
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Sorry, guy, but I cannot understand this market psychology  Share price is going down and down like asicminer, but why??? If I had a lot of free money, I would buy tonns of basic-mining shares right now, because I believe, it is the best way to invest money at btct.co I have an experience in investing money at other exchanges, in internet companies and in the real sector of the economy. But I have never seen such unjustified ups and downs. Sorry, if my English is bad People often say it like BASIC-MINING is the best investment ever, but I'm afraid they (and you, specifically) just do not understand Bitcoin mining economics; Currently difficulty increases at a very fast pace, like 30% each 10 days. This is insane, you have to increase your hashrate 30% just to mine same amount of Bitcoins per day. Of course, buying 30% more hashing power costs a lot. Currently BASIC-MINING has money to do this, but it cannot do it indefinitely. E.g. suppose currently it costs 100 BTC to increase hashing power, in 10 days it would cost 120 BTC, and so on. If current reserves are 800 BTC, they will last no more than 80 days. On the other hand, P/E suggest that investors assume that BASIC-MINING will be able to pay approximately same dividends at least for 4 years. This means that share price is about 10x higher than it should be. But I'm afraid you people will only understand it in a couple of months when reserves will dry out. +1 Companies like basic and cognitive where its just an individual buying ASICs to mine are going to crash/have been crashing. There is no way they can keep up with difficulty increases. The only profitable companies are going to be those that can produce their own ASICs, not ones that have to buy someone else's ASICs. I actually disagree with the forming consensus here. I'm not sure the value of bASIC stock, but I would be quite happy with divs right now even short. BTC rise is causing also some of this apparent devaluation. But bASIC is very well managed to my observation. He has kept up with difficulty increases and will continue to do so at an economic pace. Are you doing the math? It is very well managed, but killerstorm is saying that this will be impossible eventually, which is true to an extend but some variables are being neglected a) difficulty changes. yes there are periods where these kind of revenue shares act like PMBs due to accelerated rise in difficulty changes. in other periods the difficulty will plateau or decrease, due to exchange rate fluctuations, in those scenarios it will make these kind of revenue shares shine, as well as when the reserve funds replenish b) the reserve funds. this will dwindle, yes, but during periods of accelerated difficulty rising. Given what we know about ASICs to be coming online, the parabolic difficulty rise can be expected to continue into January 2014. But, this is not an absolute, as difficulty *should* be where it is now, way back in June when Avalon/BFL and the likes were expected to have shipped already. So, given 80 continuous days of ~30% difficulty rises, yes BASIC-MINING will be having an issue with funding expansion This is yet to be seen. As far as I can tell, the USD barrier is lowering constantly and I am not at all concerned with the reserve at this time. The rise will platue at some point, or many companies will be revealed to be scams or BFL folks. c) power limitations: BASIC-MINING has 50A of electricity to currently plug in to. So it cannot just acquire current hardware willy nilly to expand. By the time this is reaching a limit, it is expected that more efficient hardware will exist and less efficient hardware can be swapped out (or be obsolete by then). But again, this is only relevant in periods where big expansion is necessary
Hosted facilities - etc. There are options to avoid the lack of power. Server storage where cooling and power are redundant? Etc.. [/quote] |
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Bullshit! In that sense its just like ACH.
You would have to go a long way to have a SEPA "recalled".
Think of SEPA like an extension of ACH, its faster, cheaper, easier and better regulated.
If you say so. Take the risk at your own discretion. Hell, if you want to send cash over the pond I'll be glad to hook you up with BTC. But you're likely not. Banksters are thieves anyway and I'd be scared to use them all that much. LOL, you do know what SEPA means? Single Euro Payments Area No way of sending to the US. And im done hijacking. Sorry OP. I meant Euros not wanting to do bank deposits, but didn't care where their coin from. Those statements were not in tandem my friend. Calm down. SEPA is not infallible. Again, proceed thinking that way (that is not toward you, toward anyone wanting to read or heed) at your own risk. |
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References? Trust?
Maybe check honesty thread? References? I thought to list a couple, but didn't feel right exposing their privacy to public, but feel free to ask say Projects for example. I am sure he would provide peerless and glowing statements. I have plenty of feedback here, you're welcome to search around. I'd be willing to escrow with John for the first time or so (or indefinitely if you always paid that fee without loss to me) until we built trust, but that's another matter entirely. |
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Bullshit! In that sense its just like ACH.
You would have to go a long way to have a SEPA "recalled".
Think of SEPA like an extension of ACH, its faster, cheaper, easier and better regulated.
If you say so. Take the risk at your own discretion. Hell, if you want to send cash over the pond I'll be glad to hook you up with BTC. But you're likely not. Banksters are thieves anyway and I'd be scared to use them all that much. |
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"News reports indicate that Bitcoins may have been used to help finance the flight and activity of fugitives.
Need a picture of Grumpy Cat saying "Good" here. Hah! |
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Price is really not reflecting cost of electricity at this point IMO... LTC is low on market sentiment. It will rise long.
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Please PM me what you try to consume a week and what rates you prefer to retrieve it and I'll be glad to see if I can facilitate this for you. I need several regular releases of coin from my end.
PGP for those interested:
-----BEGIN PGP PUBLIC KEY BLOCK-----
Version: BCPG C# v1.6.1.0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=m8qk
-----END PGP PUBLIC KEY BLOCK-----
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What's the highest recorded sustained without any crazy cooling for a Batch 2 Avalon, does anyone know?
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Sorry, guy, but I cannot understand this market psychology Share price is going down and down like asicminer, but why??? If I had a lot of free money, I would buy tonns of basic-mining shares right now, because I believe, it is the best way to invest money at btct.co I have an experience in investing money at other exchanges, in internet companies and in the real sector of the economy. But I have never seen such unjustified ups and downs. Sorry, if my English is bad People often say it like BASIC-MINING is the best investment ever, but I'm afraid they (and you, specifically) just do not understand Bitcoin mining economics; Currently difficulty increases at a very fast pace, like 30% each 10 days. This is insane, you have to increase your hashrate 30% just to mine same amount of Bitcoins per day. Of course, buying 30% more hashing power costs a lot. Currently BASIC-MINING has money to do this, but it cannot do it indefinitely. E.g. suppose currently it costs 100 BTC to increase hashing power, in 10 days it would cost 120 BTC, and so on. If current reserves are 800 BTC, they will last no more than 80 days. On the other hand, P/E suggest that investors assume that BASIC-MINING will be able to pay approximately same dividends at least for 4 years. This means that share price is about 10x higher than it should be. But I'm afraid you people will only understand it in a couple of months when reserves will dry out. +1 Companies like basic and cognitive where its just an individual buying ASICs to mine are going to crash/have been crashing. There is no way they can keep up with difficulty increases. The only profitable companies are going to be those that can produce their own ASICs, not ones that have to buy someone else's ASICs. I actually disagree with the forming consensus here. I'm not sure the value of bASIC stock, but I would be quite happy with divs right now even short. BTC rise is causing also some of this apparent devaluation. But bASIC is very well managed to my observation. He has kept up with difficulty increases and will continue to do so at an economic pace. Are you doing the math? |
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