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2661  Bitcoin / Mining speculation / Re: Upcoming asic miners dont stand a chance against difficulty on: December 19, 2013, 12:02:24 AM
Well for me personally i bought bitcoins for 100 dollars. So when I spent 10 btcs on a neptune, I actually only spent 1k usd. So as long as that miner makes back over 10 btcs in its life, I win. Plus, there are other coins to mine, and there will be more coins to mine in the future im sure.

I'll offer 12 btc right now for your Neptune order.
2662  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 18, 2013, 11:52:53 PM
Note that while I'm writing software for them I'm just a contractor so I have no direct allegiance with them, so I'm trying to sift through all this information and I want to know if anyone has kept a copy, screenshot or whatever, to show that they promised to deliver by October 30th? I certainly remember it being implied when I first looked but wasn't really watching early on to see what was being advertised.

You can use this one:

We will be shipping in October.
2663  Bitcoin / Bitcoin Discussion / Re: Are bitcoins indestructible? on: December 18, 2013, 11:15:15 PM
Yes, Bitcoins can be destroyed. The release of a world wide Electro-Magtnetic Pulse could destroy them all, but bitcoin would be the least of our worries.  Tongue

I just burnt a copy of the blockchain to a DVD. We're now safe from any EM pulses.
2664  Bitcoin / Hardware / Re: Official Thread: Advanced Mining technology (AMT) on: December 18, 2013, 10:37:06 PM
Thank you dave111223, the stratum proxy was indeed required.
I got this sweet thing running now, thanks to you good people of this forum. See http://postimg.org/image/raux7qah1/

I think we can get these cards running to 64GH/s but I am not going to play with voltage and such for now. I am going to let it run overnight like this.

Did you ever get your 192 GH/s machine to run a little faster than 120 GH/s?
2665  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 09:29:36 AM
Ok, we've been stable for 20 minutes. Time to go all honey badger again.
2666  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 09:07:25 AM
No, no, no. Don't go back up. I need more coins!
2667  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 07:10:59 AM
Panic sell, we're down to where we were a month ago!
2668  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING*** on: December 18, 2013, 04:39:25 AM
In my mind, 0.75BTC for an M-board and 0.65BTC per H-board is a price that enables the kit to come close to breakeven, and promotes buying more cards

Pretty close in price to the Bitmain units, so that's reasonable.
2669  Economy / Speculation / Re: It's over. The Ponzi scheme is coming down. Goodnight sweet bitcoin. on: December 18, 2013, 04:21:04 AM
I wouldn't say it is a ponzi scheme, but it does seem like it.  What worries me is this:

that 11,000 individuals owns more than 75% of the entire market.  And 47 individuals own 28.9% of the market.  

Those coins can be yours...for the right price.
2670  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales NEW STOCK ***NOW SHIPPING*** on: December 18, 2013, 03:12:55 AM
It's a bad week to be buying hardware with bitcoin prices down 30%. On the other hand, it's a great time to buy bitcoins!
2671  Bitcoin / Mining / Re: Block found with 0 transactions? on: December 18, 2013, 01:51:20 AM
Why not force everyone to mine one block so nothing funny can happen?

Bitcoin is a fast global distributed network. If you attempted to synchronize every miner on every block throughout the entire world, transaction processing would come to a standstill.

Besides, nothing funny is going on. Valid transactions are being included in blocks. End of story.
2672  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 18, 2013, 12:27:28 AM
I'm starting dumping right now, by small chunks (~100-300 coins/chunk).

Can't you step it up an order of magnitude? I need some coins in the lower 600's.
2673  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 17, 2013, 10:02:51 PM
They took the Baby Jets’ chassis’ out of their boxes and opened them up. Removed their drive bays and other unneeded components. Unboxed the Seasonic power supplies, attached and labeled their cables, and installed the supplies in the Baby Jets.

It's good to see Ciara putting their expertise to good use. Unboxing ATX power supplies and putting them into cases can be *really* tricky! I sure hope their technicians were fully trained and certified in the proper use of a #2 screwdriver.
2674  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: December 17, 2013, 08:45:34 PM
He don't care now he have his mine...

If this H-card don't sell, they go directly to the mine...

Greedy...  Angry

This isn't hardware pre-ordered by customers. They don't owe it to anyone. They took the risk funding the production themselves. They're more than welcome to sell it at whatever price they feel like. Obviously the price is too high, or they would fly off the shelves. It's a good product. It's a shame it's not going to new homes. But hey, that's keeps the difficulty from skyrocketing, so that's fine by me.
2675  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 17, 2013, 06:13:15 PM
TSMC has already been making 20nm FPGA's in bulk for Xilinx since early November

Quote
20nm samples available just in time for Christmas!

Samples. You call that "in bulk"?
2676  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 17, 2013, 05:22:08 PM
You do realize they started 20nm about three months ago?... and they said Q1/Q2.
Plenty of cushion IMHO

Doesn't matter if they started 10 years ago. A huge limitation to actually meeting such a date is TSMC's ability to deliver. They haven't yet ramped up 20nm production! TSMC has only taped-out a handful of 20nm designs so far. TSMC production is going to be very limited in Q1. If TSMC does get in a crunch, who are they going to deliver wafers to first, Apple or KnC?
2677  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 17, 2013, 05:07:31 PM
Latest word was 5 days ago with "Running two of the four die in the chip." Any chance of seeing all 4 dies working this week?
2678  Bitcoin / Bitcoin Discussion / Re: Are bitcoins indestructible? on: December 17, 2013, 05:53:00 AM
Also, when all the 21 million coins will be minted, any transfer will deduct a fee, but no more coins will be generated to cover that. Will that lead to destruction?

Fees do not create or destroy coins. They are simply transfers made from the sender to the miner.
2679  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 17, 2013, 02:55:42 AM
It's so nice to be trading without goxlag!
2680  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 16, 2013, 11:42:56 PM
What kind of nonsense are you talking? A business that charges what the market will bear for their products is not dishonest. Charging far less than people are willing to pay is called STUPID. If they were priced too high, people wouldn't buy them and the price would go down.

Exactly. KnC did good on the Jupiters, etc. But they're stepping into fraud territory by implying a Q1 ship date for Neptune when there's simply no chance of that happening.
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