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2681  Bitcoin / Mining speculation / Re: Mining: too good to be true on: December 16, 2013, 07:21:15 AM
i really think that q1 of 2014, we'll start to see the propagation of hashrate start stabilizing.

Highly unlikely. We won't see the top till electricity costs become a significant factor in daily expenses. That's maybe 100x to 1000x higher than we are now. It's going to take more than 3 months to get there.
2682  Bitcoin / Hardware / Re: [Setup & Troubleshoot] Bitmain AntMiner S1 180GH/S miner on: December 16, 2013, 06:43:52 AM
So this means I'm good and I can discard the PSU as the potential culprit for the errors I'm seeing?

It means the PSU should be fine (assuming it is a single 12v rail PSU). You're not near the overall wattage limit, but there might be other issues. The best way is simply to test it. Try each miner out by itself on the PSU.
2683  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is doomed to fail, and there's nothing you can do about it. on: December 16, 2013, 04:52:55 AM
3. FLAWED ARCHITECTURE

Size

11 GB today.
100 GB 1.5 years from now
1 TB 3 years from now
10 TB 4.5 years from now
100 TB 6 years from now
1 PB 7.5 years from now
10 PB 9 years from now
100 PB 10.5 years from now

One flaw is your estimates of blockchain growth. The blockchain cannot grow exponentially like that. It can only grow 1 TB every 20 years!
2684  Bitcoin / Bitcoin Discussion / Re: Are bitcoins indestructible? on: December 16, 2013, 04:39:26 AM
Actually - given enough time - is it theoretically possible to crack the private key to that address?

No.

2685  Bitcoin / Hardware / Re: [Setup & Troubleshoot] Bitmain AntMiner S1 180GH/S miner on: December 16, 2013, 04:09:27 AM
No Overclock. Corsair 1200  ATX PSU that feeds a total of 3 Antminers. 1140 Watts at the wall.
That's cutting it too close for stable operation of 3 units, IMO :| FWIW, I've found it best to leave myself 20% headroom on PSU's.

Don't confuse AC with DC. 1140w AC input @ 90% efficiency = 1026w DC output. Well under the 1200w rated output.
2686  Bitcoin / Hardware / Re: Official Thread: Advanced Mining technology (AMT) on: December 16, 2013, 02:08:09 AM
My mistake. Credit cards are available, but only for the 2 smallest miners.
2687  Bitcoin / Hardware / Re: WHAT! :( Butterfly Lads won't deliver the Monarch Till March or April:( on: December 16, 2013, 01:30:30 AM
What are you guys talking about!. Haven't they already delivered? You can see it right on their product page.

http://www.butterflylabs.com/monarch/

Quote
November / December    Initial Shipping

Since that's what they're telling all their new customers, it must be true.
2688  Bitcoin / Hardware / Re: Official Thread: Advanced Mining technology (AMT) on: December 16, 2013, 01:26:36 AM
well after reading all this. I'm happy with amt. going to order one soon. What i love about AMT is for a fact they take Visa, Master card and America express.

No they don't.
2689  Bitcoin / Hardware / Hashfast troll fest split from the cointerra thread on: December 15, 2013, 07:39:28 PM
STOP spreading lies around!! Angry
If you ship in December - your customers will take a bath on this.
- We wont.

Uh oh. He said they won't ship in December. That must mean January shipping!
2690  Bitcoin / Hardware / Hashfast troll fest split from the cointerra thread on: December 15, 2013, 04:47:10 AM
Not that this is an excuse for HF's poor communications or to stickup for IceDrill but he does have a point (albeit an overly exaggerated one) that the same principles should be applied to all the ASIC suppliers or supplier wannabes

Yup, and when CoinTerra is 2 months late, then they'll get the same treatment.
2691  Bitcoin / Hardware / Hashfast troll fest split from the cointerra thread on: December 15, 2013, 12:57:22 AM
HashFast promised (and still promises) delivery by Dec 31.

Notice how you deleted the quote that proves you wrong? I'll add it again. It's only 6 words. I know a couple of them have a lot of letters, but try reading it again. Here it is:

We will be shipping in October.
2692  Bitcoin / Hardware / Hashfast troll fest split from the cointerra thread on: December 15, 2013, 12:32:18 AM
If HashFast's chip is "late" because it didn't ship at the earliest possible moment, so is Cointerra's.

HashFast is late because they promised October and failed.

We will be shipping in October.

They didn't ship in October. They didn't ship in November. December is half over and they have yet to ship.
2693  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2013, 10:04:12 PM
It's been known that a new API from Gox has been installed to the other exchanges as well.

An API is just an interface. What new data is provided by the API that wasn't available in the past?
2694  Bitcoin / Hardware / Re: Monarch on: December 14, 2013, 05:39:25 PM
I don't think anyone is claiming 4 weeks from tapeout to wafer.  Simply that BFL claim they will have wafers on 9th January (i.e. approximately four weeks from now...)

Clearly they must have already taped out for that claim to be credible.

Josh has zero credibility, so it's quite possible they have not taped-out.
2695  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 14, 2013, 07:38:02 AM
14j6jLececs66ZQ8ew6vTFNiEn2NupacWJ

'reptilia, adam, and goat control this address.. jk. trollolol'

HwCy3o2pf0AxagoISWPOl+PMXR06nsl2yHay0w3WMqMAD2X0i97E22ljTIveDl5nTfNKSVFu+ndyKr3sjT4wbbU=

Message verified. Good one.
2696  Economy / Speculation / Re: Bitcoin stable.. will it go up or down? on: December 14, 2013, 06:20:59 AM
The only thing I can buy with BTC (without bending over fkn backwards) is drugs.

Buy some gift cards.

www.gyft.com
2697  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 14, 2013, 02:46:49 AM
all that doesnt matter since you guys are 2 months late.
Huh  "2 months" ago was Oct 13.  Where did you get the idea Oct 13 was our shipping deadline?  

Is HashFast shipping today? No? HashFast is right on track to be "2 months late."

The earliest possible ship date wasn't until about a week after that.   Huh

I see you've learned the fake "earliest possible ship date" terminology. Nice post-sale invention, but has no basis in reality.

The actual deadline is Dec 31 and we still anticipate shipping Batch 1 before then.  Otherwise refunds will be issued.

No, the actual deadline is October.

We will be shipping in October.
2698  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: December 13, 2013, 10:44:43 PM
To spice up a little: Is anyone willing to accept a $10,000-$100,000 escrowed bet that Bitstamp will hit $500 before hitting $1,000?

What odds? I am thinking that $1,000 is much more probable but I am willing to take the other side if odds good enough.

Really no one is jumping on this?

Why bet on market movement against someone who can move the market?
2699  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 13, 2013, 04:34:06 AM
So.. we are starting to get some power numbers:
https://hashfast.com/second-tests/

Quote
“We’ve got two dies up on this. Right now we are clocking it at 700mhz and .84v core voltage. It’s doing 248Gh/s on only 2 dies! Half a Golden Nonce.

Consumption is around 300 watts total and 78C die temp.

So... we are looking at ~600W total for around ~500GH? Obviously the 25% extra hashrate is nice, but I thought we were expecting the total power to be under 1J/GH.  
I guess that isn't going to happen unless we underclock.

Is that just the power consumption at die level? If so, complete system power consumption is going to be significantly higher.
2700  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 12, 2013, 06:00:23 AM
A motherboard with the complete 400 amp power supply

That's gotta be one really big power supply! I wonder if all 400 amps are on a single +12V rail.
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