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The next SEC filing will be interesting. Either they'll say their data center is empty and they sold the miners for cashflow, or they'll trumpet the arrival of something else. Doesn't make that much sense to be taking SP35s offline if they're profitable and you've got all that spare data center capacity we keep hearing about.
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No, actually, he has a point. You just have to actually read it.
I read it and thatīs the last Iīll read of this guy. Not very interested in clinically politically correct people at all. Have fun, bye. Bye. |
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Well, I guess all enterprise for profit is driven by greed so thereīs nothing new in Bitcoin as that is concerned. Furthermore; the Chinese who dominate mining may not share our western noble ideals about Bitcoin. To them itīs probably just another milking cow.
Its really racist to say that because "westerners" are westerners they're implicitly honorable while because the Chinese are Chinese that they're implicitly evil. When you look at the facts its only been Chinese companies who have shown any sort of nobility by foregoing their own needs for the greater good. - Gen 1 Avalon, they could have put them all in a warehouse and walked away with about $6m of bitcoins but instead they chose to sell them for nothing.
- Bitmain have always sold openly to the public with the latest technology even when there have been no competitors.
Meanwhile, almost every western company so far has only done things to maximise their profit. - BFL took preorders for profit while selfmining-ish.
- KNC only used public sales to fund their own super farms.
- Bitfury only used public sales to fund their own super farms.
- CoinTerra, HashFast, Bitmine, BlackArrow, AMT etc etc.... all using public sales / preorders to fund their own farms / doing naughty things.
Also called it back in December: |
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While I could be dead wrong, right now my money is on a "chip fabrication" problem for Bitfury, as opposed to outright deception on their part.
I don't think they have said anything useful in well over a month, so it's obvious that "late March" isn't useful for guidance.
Better communication from bitfury would be appreciated by most. Its the same thing I've been trying to tell them since early 2015. Big company + two communications executives + expensive pr firm = radio silence apparently. |
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I personally wouldn't trust a 1-fan design for cooling ~1400W of gear.
The ASICMiner Prisma used a much less efficient heatsink design to cool 1150W on one fan. |
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I think bitfury should at least update the thread they started. People such as myself aren't purchasing new hardware in anticipation of the new chips. I'm also curious if bitmain are blowing out their new single fan s7, to make room for something new they have coming. Either way bitfury IMHO owes us some sort of explanation.
They owe US nothing,nada,zilch.........we are the last folks on their mind & have been since 2013  I'm sure they have been in communication with the wealthy VC investors who will receive their miners & rewards very soon  Seems pointless to start a thread like this, then leave everyone hanging. Well, I started this thread. I'd say its pointless to do global PR blasts from your expensive tier 1 PR agency, when you're going to seemingly go back on its content and then go dark for 6 months. |
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Joshua Zipkin - owner of AMT miners will be held responsible for the trouble he caused.
You're suing him civilly. He has no money, so you will get no money. I'm not sure this is the justice you're looking for. |
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I heard it was linked by water; seriously fishy if you ask me.
That's why we have at least one cat, just saying. The forum is ready for pretty much anything.  |
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Other then that, I don't see anything that would indicate 'links' to Panama.
I heard it was linked by water; seriously fishy if you ask me. |
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May have taken 4 years, but I finally didn't fall for the april fools!
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Very unprofessional for all these companies to make claims they can't keep. Or at least post saying "we had technical difficulties and will release our miners next month".
That information is worth millions to competitors though, so they'd rightly rather hurt our feelings than do that. |
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I just found that dooglus has included Vod in his trust list, while HostFat has excluded him. So, the net effect on Vod from DT depth 1 is 0. Hence, Vod should not show trusted by default. But, his feedback is still showing under Trusted feedback. Is it malfunctioning of DefaultTrust algorithm?
You need 2 exclusions to void 1 inclusion, hence, it is working as it should. Only in the case where there is one inclusion. 3 exclusions void 2 inclusions with 3 < 2*2 |
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I suspect Bitmain is having their current fire sale in the hope of getting their money back out of the BM1385 chips they've already bought before they become almost worthless due to next-gen miners blowing them out of the water - and I have some doubt that Bitmain was expecting Bitfury to go public on THEIR next-gen chip much less start pushing it to anyone OTHER than huge farms.
I get the strong impression Bitmain's answer to the new bitFury chip hasn't even taped out yet, or taped out recently enough they aren't going to have a new miner available before the halfing - leaving them rather behind the curve on what should prove to be THE most important ASIC generation in Bitcoin mining history (other than perhaps the original generation gear).
Pretty much none of this fits with previous Bitmain action or logic. I still agree with QuintLeo, the BM1385 chip has been possibly the worst chip Bitmain has ever developed besides the BM1382 for ROI + profit. You're saying that from a miner's perspective, not Bitmain's perspective though. Your finances and success are not their finances and success. |
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I suspect Bitmain is having their current fire sale in the hope of getting their money back out of the BM1385 chips they've already bought before they become almost worthless due to next-gen miners blowing them out of the water - and I have some doubt that Bitmain was expecting Bitfury to go public on THEIR next-gen chip much less start pushing it to anyone OTHER than huge farms.
I get the strong impression Bitmain's answer to the new bitFury chip hasn't even taped out yet, or taped out recently enough they aren't going to have a new miner available before the halfing - leaving them rather behind the curve on what should prove to be THE most important ASIC generation in Bitcoin mining history (other than perhaps the original generation gear).
Pretty much none of this fits with previous Bitmain action or logic. |
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If you think about it, eBay will be inundated with S7's beginning in May. That's going to drive the price of them down tremendously. They may go as little as $300 each in May or June on eBay. I honestly think you stand a better chance of making more money buying bitcoin at current price and sell it close to the right time on a potential pump and dump.
Maybe, although we said exactly the same thing for S5s and those who bought them early and just held them made a killing even on moderate power costs. There is also the tertiary market of people with negligible power costs to whom S7s are still valuable and may create an artificial floor in S7 prices. |
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I purchased an S4 off of Ebay and it is missing the micro sd card. Can one be purchased configured for an S4 or will I need to image the card myself? What card is best suited for use in an S4?
You can clone an image of my old S4 SD card using this image. Once downloaded, extract the .img and burn it to the SD card using this program. Settings will be DHCP and my miner configurations so you know they'll work, assuming I didn't have BTCGuild set as primary. This firmware will also likely need updating to Bitmain's latest as it predates their final release for the S4 although you are free to not do so if you have no problems. Any normal 8GB will be fine, and I say 8GB over 4GB because the prices are near identical. |
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Is there a tldr available?
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Can you post a screenshot of your configuration page please? Are you sure that they have internet access and nothing on that side has changed?
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Honestly think 10 bitcoin is about right,would not want every one to have it and it needs to have worth.
Maybe a bit less, but there should still be a significant minimum price to prevent scammers turning low accounts into 'top' accounts as validation for a quick turnaround scam. |
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