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3401  Economy / Trading Discussion / Re: Bank Wire Cost on: June 24, 2013, 11:56:23 PM
In any case, does anybody know the fees in the reverse direction? If I ask mt. gox to send me a bank wire for $1000, can anybody give me a rough estimate of how many USD I will actually receive?

It depends a little on the fiat exchange rate. The fees average roughly $31 for me.
3402  Bitcoin / Bitcoin Wallet for Android / Re: Bitcoin Wallet 2.41 released! on: June 24, 2013, 08:56:19 PM
It should only be using a megabyte or two of data at most - is it really needed to move it to sdcard? How much data/storage do you see it using as reported by android?

Version 3.08

Total: 4.75MB
App: 3.72MB
Data: 1.03MB
3403  Bitcoin / Hardware / Re: [ANN] First 500Gh/s BFL unit up and running! on: June 22, 2013, 06:30:14 AM

A fraud would require the seller to misrepresent the item in some way.

Like misrepresenting the delivery date?
3404  Bitcoin / Hardware / Re: Avalon ASIC users thread on: June 20, 2013, 04:53:36 AM
I would like to set all this up in my house.  Here, we have 120 volt lines and 15 amp breakers.

so on circuit you can have 120 x 15= 1800 Watts maximum (not taking in account Cos phi effects and such)

Buy a kill-a-watt and mesure the exact consumption of your individual machines in action. Slap on some extra safety margin

For example, with this weather, my Batch #1 Avalon @ 300 MHz are consuming 655 Watts

So three machines would be > 1800 (and I would not try to load it to 99%)

You should not go over 80% for a continuous load like a miner. Keep it under 1440 watts for a 15 amp breaker.
3405  Bitcoin / Hardware / Re: Recieved 50GH BFL Single Today! on: June 20, 2013, 03:03:11 AM

It's not easy for me, but I believe what I'm doing is in the best interest of everybody involved.

Don't worry Garr255, you can speak your mind. Inaba doesn't speak for BFL. He just likes to harass people here. Josh@BFL has promised BFL will not force refunds on anyone.

http://forums.butterflylabs.com/pre-sales-questions/3026-forced-refunds.html#post37336

Quote from:  BFL_Josh
BFL is not doing forced refunds on anyone.
3406  Bitcoin / Hardware / Re: Recieved 50GH BFL Single Today! on: June 19, 2013, 10:14:43 PM
you also forget at the end of the day Josh is not a PR man hes not be trained in the art of dealing with complete and utter tools so ofcorse hes going to loose his temper...... to be honest im surprised he does as well as he does

No need to make excuses for him. Let's see what he has to say...

I can replace both a technical lead and a PR/community lead

Actually, he is a PR guy.

Everyone here is monumental assholes

Quite an interesting way of handling PR.
3407  Bitcoin / Hardware / Re: KNCMiner and their 'magic' SHA256 alogorithm on: June 19, 2013, 05:54:53 AM

    To do the same in an asic is a totally different ball game. Clearly the lads at KNC either have never
    done this,or are making some potentially fatal assumptions.


Sounds like the best they've done before is a 40nm hardcopy.

Marcus: We have done designs that are much more complex...

Me: What Was that?

Marcus: That was a hardcopy. 40Nm hardcopy.
3408  Bitcoin / Hardware / Re: [ANN] First 500Gh/s BFL unit up and running! on: June 19, 2013, 05:09:24 AM
So far, (from looking at the plugs) I only see 1/3rd of a minirig being pictured. Where are the other two units?

In Inaba's farm.
3409  Bitcoin / Hardware / Re: [ANN] First 500Gh/s BFL unit up and running! on: June 19, 2013, 05:00:16 AM
"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.

A) They will be compensating customers with 3x the number of units, so you will be getting the same hashrate as what you paid for.

B) Lets see you do any better.

2000 BTC invested in a BFL pre-order 1 year ago now generates 13 BTC a day! Wow!!! This *might* break even someday.

100 BTC invested in an Avalon pre-order 9 months ago has already made back its investment several times over.
3410  Bitcoin / Hardware / Re: [ANN] First 500Gh/s BFL unit up and running! on: June 19, 2013, 01:00:29 AM

Each 500Gh/s unit should be around 2,300 to 2,400 watts. We are going to take some measurements after we get some food.

That is amazing.  BFL came through.  500 Gh/s!!!  Can be run from a double pole 15A circuit.  Very nice.

"Came through"?! It was supposed to be 1500 GH/s @ 1500 watts in October '12. Now it's 500 GH/s at 2400 watts in June '13. They didn't "come through". They blew it.
3411  Bitcoin / Mining speculation / Re: Difficulty jumps 28% on: June 17, 2013, 08:35:41 PM
You are right of course.
But i think the truly massive rises may be behind us.

Oh, the massive rise is just getting started.
3412  Bitcoin / Mining speculation / Re: Difficulty jumps 28% on: June 17, 2013, 05:06:08 AM
This "if you had kept the BTC..." thing.

I like mining, and have always sold half (or, preferably, directly buy stuff with them) and kept half.

the point of bitcoins is to USE them.

Do you like less bitcoins or more bitcoins? Buying a miner that generates less bitcoins than it cost to purchase it just leaves you with less bitcoins to use.
3413  Bitcoin / Hardware / Re: Goliath Miner-Cairnsmore3/4/5/6 Boards - Limited run for August Delivery on: June 16, 2013, 04:02:53 PM
I could put this in context that as far as I understand batch3 from Avalon are charging 75 BTC for 66GH/s in their batch3 which I believe is running late and no ETA. On todays conversion that is about £73/GH/s so is that so very different from our £80/GH/s?

Avalon batch3 will arrive long before your device. Therefore your device is worth much less than the Avalon pre-order.

75 BTC several months ago had a great chance at decent ROI. 75 BTC now for a device several months from now is questionable whether it will ever break even.
3414  Bitcoin / Bitcoin Discussion / Re: Boycott 0.8.2 on: June 14, 2013, 01:46:25 AM
3) Again this protocol change, so I would have to convince miner to mine my transactions

Duh! Of course you need to convince miners to mine your transactions. That's the way it has always been. That's the way it will always be.

If you want miners to mine your spammy dust transactions, then attach a nice big fee to it. You'll have plenty of miners willing to mine it for you.

Your problem is you want to send dust without paying for it.
3415  Bitcoin / Hardware / Re: BitcoinOrama Report on the KnCminer/OrSoC Open-day Mon 10/06/13 (Stockholm) on: June 14, 2013, 01:27:18 AM

Marcus: The die size will be...very large.

That sounds like trouble waiting to happen.

Why is that?

So many things can go wrong. Timing signals/voltage drops across the whole die, low wafer yields, too much heat, etc.
3416  Bitcoin / Hardware / Re: BitcoinOrama Report on the KnCminer/OrSoC Open-day Mon 10/06/13 (Stockholm) on: June 13, 2013, 11:56:57 PM

Marcus: The die size will be...very large.

That sounds like trouble waiting to happen.
3417  Bitcoin / Hardware / Re: BFL shipped their first single on: June 13, 2013, 09:40:00 PM
I agree, but BFL offers some of the lowest cost/GH devices. If their devices aren't profitable to operate in a couple months, neither will most of the other available ASICs devices.

Low cost, but very long wait time, which obscures their true cost. Their true cost is extremely high because of the rising difficulty. BFL ASICs where supposed to ship when the difficulty was 2 million. Now it's over 15 million and rising, and most BFL customers haven't received their units yet.
3418  Bitcoin / Hardware / Re: BFL Jalapeno hashing 5.9 GH/s @ 30 Watts...! on: June 13, 2013, 09:07:52 PM
In a little over 2 weeks it will pay for itself. And depending on how much a Bitcoin is worth in the future will determine if it will continue to be worth running.  At only 35 Watts you really can't lose.   

I have been running on EMC for 6 days, the pool luck has been average and I have mined approx. 1.23BTC, ROI ($163) should be accomplished inside of 10 days, HOWEVER ROI on the BTC I used will be somewhere around 10 months!! hmph..  Come on Singles... Roll Eyes

10 months if the difficulty doesn't go up. But it will. You will never get back the BTC you spent. BFL is the only one who will profit from your purchase.
3419  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: June 13, 2013, 07:28:01 PM


Beautiful.
3420  Bitcoin / Hardware / Re: BFL upgrade now offered on 5ghz orders.(screenshot) on: June 13, 2013, 07:16:10 PM

"Always"? You speak in a lot of absolutes... Ever heard of silent partners/investors? Not everybody who invests in a venture wants their name on the building, or in the newspapers.  Roll Eyes

BFL Press Release

Quote
noted Nasser G...
now backed by private venture capital...

Red flag #1: Executives that won't post their real name.
Red flag #2, an unnamed venture firm
Red flag #3, and indeterminate amount of investment.

Sketchy, and thus likely to be misleading. Most likely it wasn't a real venture firm.

Now let's look at a real company with real venture investment.

http://www.businesswire.com/news/home/20130516005639/en/BitPay-Raises-2-Million-led-Founders-Fund
Quote
says Tony Gallippi, co-founder and CEO of BitPay...
additional $2M in seed round financing led by Founders Fund...
Also joining this round is Max Keiser’s fund Heisenberg Capital
said Brian Singerman a Partner at Founders Fund...

Executives using their real names, real verifyable venture firms, investing a real amount of money. That's how a real venture investment works.

If I had to guess, the BFL "investment" was simply Sonny using some of his stolen funds from his previous scam.
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