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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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3421  Bitcoin / Mining / Re: BitFury has the No. 1 Crown for Now... on: December 27, 2015, 07:38:04 AM
Quote from: DrG on December 26, 2015, 09:21:46 AM
Quote from: Raswild on December 17, 2015, 10:55:33 AM
Quote from: DrG on December 16, 2015, 10:28:37 AM
Quote from: Hunyadi on December 16, 2015, 09:53:14 AM
They have developed a new 16nm ASIC Chip:
http://www.businesswire.com/news/home/20151216005453/en/BitFury-Announces-Mass-Production-Fastest-Effective-16nm

Difficulty will EXPLODE  Shocked

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

I know your first consideration is the free power. Without free power, there is no way you will ROI and continue mining with S3.
3422  Bitcoin / Press / Re: [2015-12-15] Wall Street Determinedly Bullish on Bitcoin & Blockchain Technology on: December 16, 2015, 07:38:21 AM
The Wall Street coming to the bitcoin, that could be the reason for the recent price rise. The volume in Bitstamp is also higher.
3423  Economy / Economics / Re: Europe in Crisis on: December 05, 2015, 09:24:35 AM
European Central bank charges commercial banks 0.3% interest for depositing money with it. The reason for commercial banks depositing with Central bank is that those banks cannot find good place to earn interest. But ECB also continue large scale of QE, flushing the market with extra cash. This will devalue Euro.
3424  Bitcoin / Press / Re: [2015-11-25] Now U.S. Members Can Link Bank Account or Debit/Credit Card to Thei on: November 25, 2015, 01:27:04 PM
This is good if it can help the general pubic to use bitcoin in daily transaction. When bitcoin becomes more useful, the value will increase.
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