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don't feel sorry for anybody who fell for this.
It was so obvious...
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. In US dollars they could sell these for 99 bucks a piece and make a huge profit. So fucking what ? The cost is not even in play here. |
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I agree to people saying ~1 BTC is a fair price. If much more expensive I won't buy any.
I agree that over .5 BTC its not worth it. At 1 BTC and 20% diff increase you never ROI. After around 120 days you start losing money on electricity and at this moment you lost a grand total of 0.4452 BTC (not even close to ROI...) Why is everyone spitting that 1 BTC price ? Please get your head out of your ass. All this if you had the S3 TODAY. |
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Here we go guys, here is the truth: Doge coin cap is beyond retarded, doge is dying and will be a distant memory in a year.
Sorry.
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who cares about him...
Because he's a genius? ..and by genius, I mean fucking retard. Fair enough. |
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A very neutral source yes.
This has no credibility at all.
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If the anon feature and the BTC-e rumors are true this coin will be the next thing.
Devs are relatively credible but there is alot a lot of FUD, lets say chances are 50/50 that the rumors are true.
It has half the coin cap than DRK and DRK is valued at 10$. Crypt could go between 5$-25$ ea.
Looking at it that way its worth a 5-15% of your portfolio investment.
If you win you win big and if you lose you lose little.
/protip
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One thing.. just one thing.. CHANGE THE ALGO.
Development Team is working on it. Beta is ready. Cool sure fire way to insure no serious investor touches it  carry on  Sure. Watch LTC die because of their inaction and snobbism. |
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Hash power improvement on hardware can't keep up with the diff.
As someone said above, no ROI, no care. And it looks like it will be the case.
Hash power improvement causes the diff. People think more hash is better and get proved wrong every diff rise. What you need to aim for is the most BTC per kWh. but that doesn't fit the more hash is better mindset. No, hardware proliferation caused the diff. (number of hardware units). Hash power improvement in a single unit/chip can't keep up the diff. rise caused by this proliferation. Long term, mining bitcoin will be like selling chewing gum. You'll have to work pretty hard to get almost nothing. |
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DO NOT BUY THESE ASICS!!! I keep telling you people!
Right now, at 13.4 billion difficulty, a 500 Ghash miner will get you 0.01868 BTC per day! That's it!
And when the difficulty adjusts to 17.1 BILLION in 3 days, it will make 0.01471 BTC per day!
As of now it'll be 16.6 in 2.5 days. M We don't even know the price of the S3 yet. Bitmain was able to sell the S2 for around $250 shipped and still make a profit, and I would expect that their cost to product the S3 would be similar to what it cost them to produce the S1. I'm sure Bitmain could get very aggressive with pricing if they wanted to, although the first batch will probably be overpriced. People tend to overpay for shiny new hardware. Also, as we saw with the S2, it's also more of a gamble to buy the first batch of anything. It may take Bitmain a batch or two before they get all the kinks worked out. S2 shipped for $250 WHERE? If so Ill take 2 right now. Any PSU experts looking here? Id like to take that DELL PSU setup and run some of these possibly. It only has one PCIE plug though and one more unknown plug that breaks out to SATA power. Can you get adapters to go from the 24pin, I THINK, to fan out to multiple PCIE plugs? Thanks He meant S1... clearly. |
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Hash power improvement on hardware can't keep up with the diff.
As someone said above, no ROI, no care. And it looks like it will be the case.
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Ok, I know all coins are scam, just a opportunity to make money, live happy and so on. But something to me is not right. How can someone have like over 2000kh?  I have 6gpus and just around 20kh.  That's insane what are others using 500+ gpus or is something wrong with me?? thanks x11 has some serious hash controlled by single person or group. x11 coin saw 1TH jumping on and off. fgpa, botnet, asic? who knows.... x11 is pointless now anyway, offers nothing. This, i avoid X11 like the plague. |
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So, testing on monocle and then putting it on vertcoin ?
Pretty good idea.
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One thing.. just one thing.. CHANGE THE ALGO.
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Very amateur news site, the article is not even dated.
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That's what retards get for pre-ordering.
Not sad one bit.
You give a blank check to a stranger, that is what happens.
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Probably none depending on the price.
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