How would getting a gun help someone whose home was robbed when they were not around?

Anyway, my condolences man, that is pretty crazy, that people are targetting Avalons. Pretty sick, but in these times, a device that can sell or generate tens of thousands of dollars is basically like a big pile of cash. Good on you for trying to bring them to justice, I think this community could benefit from a few more scammers/thieves/robbers getting some of whats coming to them.

It'd be more like playing a lotto where the odds are 1,000,000 times more strongly stacked against you, and the reward is  millions of times lower.

The grey number is the units' SKU (Stock Keeping Unit). The identifier companies use for products to keep track of what the hell people are actually ordering is.

I've not been paying much attention lately, has KNC put out numbers on power usage? Don't see it on the homepage. 350GH/sec would be like 1400W at 4W/GH already (close to a full 15A 104v breaker).

I also don't expect even if 1787 were somehow the "batch" they were producing that they'd run out.

I usually steer people away from DUal PSUs just because of how many problems I've seen with people getting them properly working, but that looks pretty sweet actually. Simple, no fuss, no muss, and seems like it should work just fine. I may recommend that (and maybe even try it myself some day )

The Rackmount 8 looks interesting, but I don't see any price anywhere?

EDIT: Found the Rackmount 16 online, and it costs $6,974.07

Not really worth it IMHO.

Your own math will vary from others. I would say a block eruptor is retarded, but hundreds of others have bought them, who is right? Time will tell.

My math goes like this. 12.5GH/sec costs 50BTC and generates 9.88BTC at current difficulty. Next month it will probably be ~30% greater, or generate 30% less, so 7.54, then 5.8, 4.4, 3.4, 2.6, 2, etc. When will you ever get 50BTC? At that growth rate, never.

Others believe differently. Maybe they expect for difficulty to slow down dramatically for some reason. You get to make the call for yourself.

Offer guantanamo style services to the US govt (arrange all 50 GPUs in a small room with a prisoner, running BTC, the noise and heat after a number of weeks should be enough to break any man).

Just for fun and giggles, do you have a kill-a-watt running for all those badboys? and if not, get one

Because it is not energy efficient to run a big energy sucking computer 24/7 to mine Asics with. A pi utilizes something like 10w.
Can also run it as a controller wherever you want, doesn't have to be where your computer is (bedroom or what have you)

I don't understand the plan you propopse. How would difficulty be calculated in this dual algorithm bitcoin?

Raspberry pi doesn't need a monitor or keyboard, can just ssh into it after initial setup. The power cable is like $5 (you will need an sd card tho)

If it helps you to remember, everything below Mega is lowercase.

Sounds like you're confusing actually mining higher difficulty shares with calculating higher difficulty shares.

You will need to do X number of hashes to solve a difficulty 1 block, that number X will vary. So the time it takes for you to submit a diff 1 share will vary from share to share.

The same is true for a diff 8 share, except that there will be a greater amount of variance due to the greater difficulty.

When you calculate submitted shares that is looking back over what has been submitted, and so a calculation of the equivalent value will of course match.

Yikes. Not sure if you've heard of Quantum Mechanics, but it was this pretty revolutionary development that is pretty widely accepted currently, that has shown many verified experimental results, that on the micro-scale most of Classical Mechanics (and its laws) don't hold. For example, conservation of energy is violated all the time (which the First Law of Thermodynamics is based on), on the micro scale when particles literally form out of nothing.

Here's another fun one for you, clasically a ball rolling up a hill will never be able to get to the other side of the hill, unless it has enough energy to surpass the top of the hill. Yet every day we use electronics dependent on current passing through an insulating layer, which would be clasically impossible.

Does this all lead up to a free-energy device? Nah. But it is good that you restrain yourself in your responses.

I'm personally waiting for a Dark Energy Generator. :p

There is no way to compare the profitability of buying BTC vs mining BTC, unless you put some sort of  boundary conditions on your question.

Buying coins in Dec 2009 is incredibly different than buying coins in July 2011. Also how long to hold before selling (are you mining on a GPU in 2010, and holding until April 2013? Or selling as soon as you get them?)

Typically if you've been smart and lucky, both have panned out well. If you've been stupid and/or unlucky you've done very very poorly.

In general mining is the safer more conservative route, with less liquidity to play with for big gains. Pick your personal poison.

Why does BFL bring out all the stupid?

They can't test the chips without testing on main-net? I guess that's why they claimed that they'd never mine on the main-net right?

They won't mine on any pool except eclipse? I guess since they apparently lied about never testing chips on the main-net, they'd never do anything dishonest like hiding the hashing power they're putting on the net or anything.

I'm not saying that this is BFL on 50btc, but at least make sense about it.

There are other effects than just miners not getting their precious bitcoin rewards. Transactions are confirmed by the continued progression of the blockchain. This is the real detriment that alt-coins like the previously mentioned namecoin suffered from.

Imagine that instead of 30min-1hr minutes to confirm your payment, it took 8+ hours, with the real possibility of it taking days. Would that be a good formula for a workable internet payment system? And it would stay that way for months before difficulty adjusted. Admittedly it would only happen due to other extreme circumstances, but just by itself it is bad enough.

Well here is the thing. What you are talking about, a huge GPU farm, eating tons of power and venting tons of heat, is going away, and mighty fast. You might say that litecoins will pick up the slack, except that every current GPU miner will feel the same way, and crush litecoin.

So, while you might offer a hosting service or investment opportunity, most people are not looking to double down on GPU at the moment.

Just to show why...

Next difficulty increase is predicted to be about 20% in a few days. Assuming just that growth to continue (likely to be greater), in one month the difficulty will be 33mil, at which time your 3gh machine will produce 1.36btc per month. One month after that you make .81btc, etc.

I would recommend you perhaps instead look at hosting service for Asics.

Does buying 45GH/sec for $700 make sense? Of course it does.

Does buying the promise of 45GH/sec for $700, contingent on the product not being a pre-order scam, not being "delayed" for months (or years), not getting delivered and the organizer disappearing into the night, not getting skimmed off the top since you have no control over where hashpower is pointing and where/how much is paid out, etc. make sense?

Well... that's another question entirely.
If everything goes well, sure it makes sense. If it goes badly in any number of possible ways, it's a bad idea. On the plus side, $700 isn't really a huge loss either way, so if that's a comfortable gamble for you, and you like the cut of this guys gib, go for it.

I've always liked MineForeman since he joined up. He's been a stand-up guy.