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2921  Bitcoin / Mining / Re: Laptop/Desktop expansion mining w/ desktop cards with an external PCIe enclosure on: May 23, 2011, 12:02:55 AM
Cool.

If you manage to get it working please share with us as it will be VERY interesting to see how this pans out.

Thanks !
2922  Bitcoin / Mining / Re: Laptop/Desktop expansion mining w/ desktop cards with an external PCIe enclosure on: May 22, 2011, 03:54:02 PM
Indeed would be very intrested to see the result of this experiment !
2923  Bitcoin / Hardware / Re: Official Open Source FPGA Bitcoin Miner (Just Released!) on: May 22, 2011, 02:21:38 AM
Off topic perhaps, but I'm wondering if ATI hasn't already built a mining farm of their own.

Lol they have Smiley
2924  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 20, 2011, 09:19:41 AM
Quote
Hmmmm ... that's got me thinking I'm gonna make some enquiries ... I knew a guy who was supplying them into the City a few years (5?) back.

Where can I find some FPGAs in the City Huh Do you mean London uk financial district eg the city ??

Located here and would be quite interested etc. thanks !
2925  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 20, 2011, 01:02:13 AM
I would like someone to show the calculations proving that fpa or asic mining is actually more cost effective than a decent GPU.

Indeed me too but cannot ignore how CPU is dead even if I have free electricity etc.

Price is no object here it seems so the more power a technology has the better. Eg cost of this don't matter. If it can take out gpu in speed then gpu dead etc.

2926  Bitcoin / Mining / Re: Cost efficient mining hardware project on: May 20, 2011, 12:56:47 AM
No need for insults let's keep it clean please. No need sharing with us how you got shafted after buying your 4x5870s today etc. I knew this moment would come.
2927  Bitcoin / Mining / Re: Two 5870's or one 5970? on: May 20, 2011, 12:37:32 AM
Lol where are you getting those prices from mate because here in the uk the 5970 is £400 minimum and the 5870 is £140 minimum ?
2928  Bitcoin / Mining / Re: Cost efficient mining hardware project on: May 20, 2011, 12:29:37 AM
LOLWUT they getting 200 MHs for some Spartan fpga !
2929  Bitcoin / Mining / Re: Cost efficient mining hardware project on: May 20, 2011, 12:08:50 AM
Let's not hijack this thread with philosophical or emotional BS and keep it topical, shall we?

We all know that once companies get hold of BTC they will make it go like a rotten apple. Companies do this all the time ! The end is near.

Better pull out faster than when doing it unprotected to avoid pregnancy LOL. My 5870s are on eBay already. Once they become worthless and everybody starts selling them they will become harder and harder to sell. What gamer buys old 24/7 used GPUs ? NONE.

Maybe there is future for BTC but gpu mining is all dead right now ! Don't say I did not warn you etc. !
2930  Bitcoin / Mining / Re: Cost efficient mining hardware project on: May 19, 2011, 11:55:52 PM
Man, I'm glad you're taking your FPGA idea in this direction. I was worried you might go rogue and screw us all over or something.

Really ?

Some of you really need to face the damn truth around this forum.

Bitcoin is only ( mostly ) used for people to "print" money with their computers. Some company will clearly realize this potential and join in etc. with some massive clusters and make this centralized network that has more than 50% and can be taken down by the gov ASAP ( eg this whole FPGA thing to get more than 50% of the power can even be gov. made to appear like they were not involved in taking this down eg doing it undercover LOL ) etc.

Then normal miners with GPUs only will stop using BTC as they are losing money due to electric costs and high difficulty then the whole system will collapse as this "get rich quick" scheme will not be working out for a number of reasons :

-no real value : who accepts BTC now ? NOBODY at least no major company due to it being too volatile
-people print money : always a dumb concept ; even the FED gets this wrong etc.
-even miners do not trust BTC and sell it for the cold hard $$$ as soon as they can !

The concept was good but from now on it is all going DOWNTOWN. Sad really because I got here too late to make it big from the 1-> 8 usd rate etc.

Let's face it : people who mine only mine to convert back to USD and get rich quick off BTC which will cause this to fail because nobody like Amazon offers BTC option etc.

Only option would be for everyone to get FPGAs and people to offer real services for BTC. LETS MAKE THIS WORK GUYS !
2931  Bitcoin / Mining / Re: Todays difficulty increase to 156000, where from here? on: May 19, 2011, 11:42:00 PM
If the continues rate of hashing growth continues at the current rate of ~2.5%/day then my first number becomes 243254 

Okay—  so I was off by 0.36%, so sue me.
Do you think GPU mining will remain profitable for at least another year?

NOPE. GPUs are going the way of Barney the dinosaur ! Just like the CPUs before them. GPUs were never made for mining in the first place LOL ! FPGAs and such custom hardware can be made for anything the designer wants. They are vastly superior ! You can stack them high too LOL !
2932  Bitcoin / Mining / Re: FPGA mining for fun and profit on: May 19, 2011, 11:37:15 PM
Looks like the GPU is going the way of Barney the dinosaur LOL !

Bring on the FPGA fools ! I never bothered with GPUs anyway !
2933  Bitcoin / Mining / Re: Mining difficulty rate!! on: May 18, 2011, 11:14:44 PM
LOL it is not.

Next will likely be 600 000.

Seems like somebody covertly got hold of some "magij mechanic" custom ASIC or FPGA solution in the recent days that vastly outclasses all of these improvised-miner ATI cards.

Eg just like how the cpu became obsolete so will the ati gpu become obsolete for mining but what if nobody shows us this custom ASIC Huh or maybe the gov. just wanted a share of the pie etc. ! who knows eh ?
2934  Bitcoin / Mining / Re: Buying a videocard. on: May 18, 2011, 11:12:16 PM
nster what video card would you recommend if I don't have a budget at all Huh

Also thinking what card would be best if this goes bust, though I'm hoping it won't etc. ?
2935  Bitcoin / Mining / Re: I will donate to you, for your help. on: May 18, 2011, 10:38:35 PM
Seriously Guys, There's no way this will bust. People are really trading with it now, and everyday more and more people are gaining awareness... And if mining becomes harder there will be lets BTC to go around that only means higher prices right?
Just have a back up plan...

you're investing more than me and my brother's shared college fund to give a comparison...

That is all I am saying as well. But if you have the cash to lose then please go forward etc.

Don't re-mortgage your house for this etc. !
2936  Bitcoin / Mining / Re: I will donate to you, for your help. on: May 18, 2011, 07:35:34 PM
Well it depends because there will be loads of used 5850s on eBay after all the miners have quit in a hypothetical scenario and the market would be saturated ( where as now these cards are rarities ) and you could end up with nobody wanting to buy your cards or if at all, for a very small sum etc.

Of course the rest of the components are quite mainstream so i guess you could sell those but the min you take them out of the box the price depreciates etc.
2937  Bitcoin / Mining / Re: I will donate to you, for your help. on: May 18, 2011, 07:28:47 PM
Well I am just trying to help you mate.

Anything is possible. Do not forget that etc.

The point I was trying to make was : "do you have a disaster plan or similar etc. to avoid losing your 14 000 etc. ?"

Just trying to be helpful etc.

I suggest taking it relatively easy and not going and splashing all your cash for ati cards etc.
2938  Bitcoin / Mining / Re: I will donate to you, for your help. on: May 18, 2011, 07:05:30 PM
What if it goes bust, not that I hope it will etc. ?
2939  Bitcoin / Hardware / Re: Bounty: development of efficient open-source FPGA or ASIC mining solution on: May 18, 2011, 03:49:32 PM
This would be a great idea if somebody can develop specialized bitcoin mining hardware.

We are making too much money for greedy ATI at the moment. Nvidia maybe you are interested ?
2940  Bitcoin / Mining / Re: How much would it cost right now to attain 50% of the network? on: May 17, 2011, 07:24:59 PM
All you're saying is that they have lots of money and some computing power. That does not fulfill all the requirements necessary to "take over" the Bitcoin network.

LOL if you have money you can do anything you want.

For all I know the gov. is watching and infiltrating this community and evaluating what to do from now on.

The Bitcoin thing is a threat to national security and according to the dumb patriot act you are all "terrorists".

Bitcoin is untaxable, used for drug dealing / weapons etc. so they can find all of these reasons to take it down etc.
Drugs are untaxable and that is why they are illegal and cracking down on them etc.

The government likes control. Bitcoin = less control.

This unfortunate day will come but some people here seem to think that it will not happen. I assure you it will, not that I want that though, don't get me wrong.
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