Necro bump.. 

Why didn't this ever happen?

http://cryptocities.appspot.com/peercoin-fullnodes-daily-stats.html

481 full nodes right now,  full nodes up roughly 20% this month so far?

nice!

wtcr.ca

+1,  vote for Sunny King from me.

See,  things hardly have to even change..  now its just crunching some numbers and moving stuff around..

Well i'm not saying FC should be running the pool himself.  

I'm not so sure about AM's "lack of support".  If people want support,  they should be going to a reseller like WTCR.ca.  

BTCguild is an established brand,  pretty much a Bitcoin staple, and would be a potential venue to sell more gear.

Pool fees offsetting operations cost.  Save pool fees on their own operations.

BTCguild becomes AM "solo" and hashrates get nice and mixed with the general public.

Half of btcguilds users probably would hardly even notice  if the migration was handled properly, things just roll on.

Maybe the current management of btcguild would consider staying on for a while?

There are other angles i'm probably not even thinking of,  that's just off the top of my head.

edit: sell cloud hashing too

AM should buy btcguild and move it.. 

Wondering this too..  what is "hashrate equivalent calculation"  ??

i think its compressor based cooling of some kind..  kinda like industrial style portable a/c?     def not immersion cooling as someone stated.

I think the chart does look right to me..  it's also pretty interesting.. 

He didn't make the assumption the network will remain at a constant rate for two years,  he is just using 2 years as an example and extrapolating the data over a arbitrary period of 2 years.  He could have picked 6 months or 5 years..  The curves may be condensed or elongated in reality..  no one knows exactly how the network will play out.   Price also plays into this big time as the final cost of electricity is relative..  Put btc at 10k and this chart goes on forever..   

This is about at what network hashrate versus  mining efficiency the entire network has to stop growing..   

For example:  Say in our current situation..  AM gear is at about 0.7 (the orange line)  assuming an electricity price of 0.06KWH,  the gear is unprofitable at the point which the network reaches 850 PH,  WHENEVER that may be,  be it 3 months from now or 2 years from now.   Ie:  If the network was suddenly 850ph tmrw,  the gear is no longer profitable.  On the other hand,  if the network took 5 years to get to 850PH (again forgetting about the block halving / price differences)  the gear would still be profitable until that time..

However gear of greater efficiency say 0.1,  could hang around until 1850PH (still assuming 0.06kwh)  still being profitable.. 

Finally,  if we were to say that mining gear hits an efficiency floor at 0.1 J/GH and electricity is 0.02KWH (there is no such thing as FREE energy) the network will stop growing at approx 2300 PH.

Only the price of Bitcoin (and thus the relative electricty cost) is going to affect these numbers.. 

teek


 

You can send to any bitcoin address..

?  You can send bitcoin to any bitcoin address..

Yep me too, from Canada!  Everything was very fluid,  only seemed to charge a CC processing fee, which amounted to less than 2%.  Appeared to be using bitstamps rates.. 

Because it is a scamcoin..

Short term - because of Nubits

Long term - because its the father of POS, it's the oldest POS chain,  it has sensible developers who are playing the long game,  not just trying to be the next gimmick pump as all the scamcoins out there are.  

Next to Bitcoin it is by far my favorite coin and has been for a long while already..   I don't think it gets the attention it deserves.

Wtf is this legit?  It does appear to be posted on Paypal's own youtube??

Man the term "zhou-tonged" should be in websters..   (just checked wikipedia it's not there).. 

I think that term will stick with me for the rest of my life

yeah seriously,  how the heck did that happen..