@Nemo1024 : which group buy were you in.? 17.?

Guys.! Technically bitmit cannot be treated as escrow as the 3rd party that you will be using is not capable of making their own judgement unless you contact their support and raise a dispute which is a laborious process.
Basically, the escrow account is literally held and controlled by the seller or the buyer on bitmit which has the risks of the person holding the account absconding / not releasing the escrow during the transaction.

My Advise : Use a trusted human from this forum as a Escrow who is capable of making suitable judgement on his own in the event if any dispute arises.

americandesi; 10; 5; 1ADdR1faSZDCHEYEPmGe19nAE4YrpaH3TS;

https://blockchain.info/tx/7f2fda7e2a8fc1e42b328e4b04b554e978383197cfde63dfe75fc234528c3f04

Edit : PM with Signed message and Shipping address sent. Kindly acknowledge.
Thanks,

NP. Anytime.. Just thought will give your venture a headsup.!

1Pox1odxZNsHgxGACKcHudm84vrkejbict

oh nice. Virginia is not that far but ofcourse its hard for us to meetup in person.
PM'd you my email address.

PPcoin is another coin which is slightly profitable than btc. Terracoin was profitable than btc but recently it was under 51% network attack and time wrap attack. Hence it is recouping slowly.

Have a look at coinchoose.com and decide. Note that these change often.

Hey Dumbo - Welcome to bitcointalk. Yes. It does take like a week for the btc to be available when purchased through coinbase.
I will be happy to sell btc to you. I have verified accounts in most of the exchanges.
I live in New York. if you are from around, then we can meetup in some public place and deal in cash, else i do accept Bank Of america, Chase deposits.

Also, a word of caution. If you are new to btc and dealing with any seller for the first time. I would strongly advise that you use escrow service. I recommend Benson for this service.

Also, if you need help (not only with btc.) with something PM me your number and we can have a casual chat.
P.S : I read somewhere that you are an international student. Am also a recent masters graduate from NYU.


Hey Benson,

Thanks for those words and vouching for me. I always recommend everyone to use escrow when dealing on the forums. However, some of them backtrack because of the overhead fee involved in the process.

he he lol and regarding the generous tip. That is for your time, for taking extra caution and performing 2FA auth during the transaction.
And also i feel it might motivate a person like you to continue to keep offering those services.

I have used John as escrow in a number of transactions when dealing with people from other countries. He is a wonderful, funny and a very nice guy. Nothing against John but i feel he might sometimes get overwhelmed with the escrow transactions. So i try to diversify as much as possible and for that we need people like you. So whenever possible, i try and push you as a escrow but it hardly works out 9 out of 10 times.

Infact, am planning to include the escrow fee within the rates of buying / selling btc. Will get in touch with you on that shortly.

You are about right or probably it is little less. You have not put in the proper details when computing ROI.
Also note that, you can mine any other SHA-256 currency using USB BE's. It neednot be bitcoin. Even though all other bitcoins are priced based on BTC, you can still be mining using these USB's 1 year from now. So it is not always profitable to mine btc. There are other coins which are slightly more profitable than btc.

Also, why cant you keep them running 24/7..?

ASICMINER hardwares are more superior and you can run them 24/7.

I know people who are running their hardware for weeks. I have a couple myself and i don't remember switching them off last time. For me it is more of 100% uptime setup.

No problem. Take care of your health Dave.!

Awesome intron.
So when can we expect this to be in market.?

With the demand for AM USB BE's increasing and supply decreasing, i think getting this project done ASAP would be wise.

Yes. Any SHA 256 crypto can be mined using the ASICMINER USB BE's

@cointerra when can we expect some details about the products? Atleast the technical details of the chips.?

+1. @Spotswood : Do let me know. I have 3 Aug kits about to be delivered.
Would like to be in for a couple.
Thanks

Sent you a PM

Their ASIC is not designed by them. They have partnered with OrSoc who i have heard are the pioneers in ASIC designing in Europe.
However, 100gh/s per chip raises my eyebrow. Whatever calculation i do, i don't end up with that hash rate per chip. (FYI : I've a masters degree from NYU)

If it miraculously did hash at ~ 100 gh per chip, then think of the heat dissipated from one of those and the cooling required to maintain it the product atleast at ~ 70C
Other question that people forget to ask is the durability of the chip itself at such high heat.

Think of it, if they do hash and work only for a week, then what is the point. There are a lot of questions in my mind due to which am waiting and watching to see atleast a prototype in someone's hands.

just my 2 cents.!

Source : https://www.kncminer.com/news/news-9

Am not talking about 2000 stick farm. But philipma1957 sounds serious about 200 stick farm.
Am comparing the price and gh/s with 200 stick farm.

Don't you think for 80 BTC + hub cost, you will get 1 avalon from auctions sub forum.? With 200 sticks, you end up getting only 67 gh/s.
Probably buy from someone who has already received it and selling it.
I saw one for 90 btc yest.!

Thank you very much for the detailed update Dave.
Do let us know when the CC is ready so that we all can pay for the shipping.

Also, what is the origin city of the boards that will be shipped to August Kit buyers. Is it California.?
Just trying to calculate the approx transit time for each shipping method.

Bump for Aug 2013.
Still buying and selling btc.