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I think the PicoStocks project is the main one. A group of people is investing quite big money to make it running.
The 100TH/s bitcoin mine is an auxiliary project, started as a mean to promote PicoStocks.
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Utterly bogus analogy. The analogy with a goose was funny but bogus as well. There is a difference between having a goose and having a concept but no money to realize it. One has to make a deal (money for the effects). You never know for sure that you will get the bitcoins earned by hosted devices or the device itself or, say, a TV bought by internet - it depends on honesty of the seller and on ability to punish him in case of no delivery. |
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12*0=0, not 720
You are right if you're telling about this very moment. So, PuertoLibre has got 0 GH/s yet, so it's a draw. |
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Why would it be hot? 400 W is the power of typical gaming PC.
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Im glad for Avalon, I really am. It must be a hard thing not to take the BTC and run to the Gayman Islands like BFL, Bitcoinica, and the rest did. For providing false info onto the forum while being "staff member" you should be banned. You should NEVER be a moderator here or anywhere else. Once you had made a strange sticky thread about one supposedly trolling another one. It seems you were strongly biased from the very beginning. Shame! |
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I've had 2 from them (Icarus, DevKit), 1 from Hong Kong (a BFL) and 1 from USA (an MMQ) - all EMS, all 4 tracked fine. What has BFL (KC, Missouri, USA) sent you from Hong Kong? Or is it a test of reader's accuracy? |
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Typical high-performance graphic card which gets over 300 W from 12 V uses quite less than 60 MOSFET and 30 inductors, doesn't it?
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I see the DHL track table is well prepared for a possibility when "1 Pieces" parcel becomes "N Pieces" at some point...  |
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BFL has always and will likely continue to always respond, not instigate. If anyone is inclined to believe Inaba, here's the reminder how trolling was BFL company policy and not just his personal tactic: https://bitcointalk.org/index.php?topic=88363.0"The thread in which BFL trolls Enterpoint" was split and later preserved by locking by DiabloD3. I have read all that. Between about 200 polite forum posts of BFL_Engineer happened one post placed at the Enterpoint thread with a single line "I really hope that it will pay itself off by the time you retire..." and a second one with and answer for MrTeal about a timeline, but DiabloD3 immediately made an terrible scandal of it, splitted it and put as a sticky for a long time. Even other moderators believed he overreacted and abused his moderator rights. Citing this as a proof of "company policy" is dishonest and confusing. Returning to the topic, I support Maged point of view. The moderators have proper tools, they need to use them more often. The colour of 'Ignore' is one of the factors to take into account. |
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I am still owed 70+ BC. This is defenetely not a small amount. Anyone disagrees?
RHA, can I call it a Ripoff then?
No new updates and part of the payments are still unfinished... Hm, you definitely has right to be angry as hell and to name the things. Yet I still hope all is going to be cleaned up. James had to find a job to earn for life, so he could be busy all the day. But no updates at all? Strange. |
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you shouldn't definitely escrow.
...you should definitely escrow. Inaba you should slow down your typing a bit, because mistakes happen which change the meaning of the sentence (like the above or "decision to go with QFN in December"). Usually we know what should be here from the context, but sometimes there is no context to help us. |
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Forget him. The newbies tend to overlook the forum search possibility (a bit hard and awkward to use) and the "Show the last posts of this person" option at each person's profile (quite easy to use). The mystery solved: https://bitcointalk.org/index.php?topic=97269.msg1071218#msg1071218In short: Inaba has got an official permit to use second account. Purposely. |
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However, for an entity with the financial wherewithal to ride out all the cancelations, if they can manage to complete development of the product and ship even a small handful of orders, once that happens, securing a massive flood of orders will not be a problem IMO.
If they can manage to complete development of the product, they can set all unsold devices to mine for them, earning even more than selling them. |
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I've got a payment, thanks. It is one transaction with multiple outputs (the proper tool for the payments).
It looks like 0.00101545 BTC per share and my shares count is OK.
I think that the earlier amounts will be complemented soon.
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You guys are living in fantasy land. If you really think ASICs are going to ramp that fast and soon, you could make plenty of coins buying X.DIFF.MAR on mpex.
You don't know if we believe the assumptions of the calculations. But do believe me: the reading is easier when one shortens a lengthy quote while adding one line. |
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I was under the impression that difficulty doesn't matter in this case
If you look at the % of the total network you can just use the theoretical number of Bitcoins mined and that is always the same (because of difficulty adjustments).
25 BTC per block, 6 blocks per hour, so 3600 BTC per day no matter what the difficulty.
If anything getting 6TH online on a lower difficulty will mean you mine those BTC quicker, bringing the higher difficulty forward. It won;t impact the number of BTC mined by ASICMINER
I understand why you was under the impression. But that's incorrect assumption. The difficulty adjustment tries to keep people earning 3600 BTC per day, but every additional hashrate earns additional money until next adjustment. However while taking into account the difficulty was the right thing, my results were improper: I corrected only the time until the adjustment but the whole calculation was flawed. Look. When someone add 6 TH to existing 24 TH, there is 3600+900 earned each day. The adjustment comes no later than after 11.2 days. Then the difficulty grows to 5/4 of the previous value (the 6/5 was a mistake) and all are earning 3600 daily. The 6 TH earns 720 per day (a part of 3600) and any additional 6 TH would earn 720 daily (not part of 3600). The ASICMINER would earn 900*11.2=10080 BTC plus 720*(14-11.2)=2016 BTC, so 12096 BTC for the first two weeks, and then (720+720)*7=10080 BTC for the third week. In total 22176 BTC for three weeks (at most - when it starts on the day of the difficulty adjustment). |
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