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41  Bitcoin / Hardware / Re: Is the S7 Exhaust Fan the Same as the S9? One of my S9 Exhaust Fans is Dying on: September 23, 2016, 10:51:28 PM
The same.   Ordering the same ones I used to replace my S7 to replace my S9's  (only one has failed so far for S9's).
42  Economy / Computer hardware / Re: [WTS] GPUs & Motherboards (Many Available) on: September 23, 2016, 10:47:20 PM
Open to offers, I researched these prices based on ebay and I reduced them from there.   I deleted the latest reply because it wasn't very helpful and the person had bad trust rating.    To that person, I hear what you are saying and this is my response.   

Cheers,
D
43  Economy / Computer hardware / CLOSED on: September 23, 2016, 09:41:53 PM
CLOSED
44  Bitcoin / Mining speculation / Re: So, only one Bitcoin miner on market right now. on: September 21, 2016, 10:41:02 PM
I think Antminer won out and at this point, people should be thankful they are still committed to making sure miners are available on a retail basis for the public.    If another company won out, likely that would not be the case at this point in mining.

Although not entirely thrilled with them I would say they have been one of the best in the miner hardware business (when compared to the behavior of of companies like BFL/Avalon/KNC).
Yeah, we did have a lot of bad eggs in the batch with these other players. Bitmain won by just not playing the preorder and greed game.

Agree with both of you.   Think about a BFL-lead mining market (yuck).    I am pretty happy about where we are now and its really promising that GPU mining has taken off again with a few legitimate coins that have pros and cons to sit alongside Bitcoin.
45  Economy / Computer hardware / Re: [WTB] Tablet on: September 14, 2016, 09:04:55 PM
I have a ASUS TF700T with OEM keyboard that has a built in battery to power and a USB port for storage or a MOUSE (yes Android has full mouse support).
46  Economy / Computer hardware / Re: [WTB] newer broken/non-working graphics cards on: September 14, 2016, 08:58:10 PM
I have a couple pallets of working mining cards if you are interested.   I will be making a mega post soon, just finishing my inventory and pricing.    If you have a large buyer, it would make it easier.
47  Bitcoin / Mining speculation / Re: So, only one Bitcoin miner on market right now. on: September 14, 2016, 08:55:25 PM
I think Antminer won out and at this point, people should be thankful they are still committed to making sure miners are available on a retail basis for the public.    If another company won out, likely that would not be the case at this point in mining.
48  Bitcoin / Bitcoin Discussion / Re: POLL Is Craig Wright Satoshi Nakamoto? on: May 05, 2016, 05:14:05 PM
Bait and switch. Decoy. He knows of him, though. It's like the Joker. He masks his minions and sends them out as the bait.

This is likely.  This may be a stunt to redirect and give Bitcoin a public face.   
49  Bitcoin / Bitcoin Discussion / Re: Craig Wright just nuked Gavins and Matonis credibility in just 2 days - wow! on: May 05, 2016, 05:09:10 PM
http://in.reuters.com/article/us-australia-bitcoin-idINKCN0XW1BT

""But, as the events of this week unfolded and I prepared to publish the proof of access to the earliest keys, I broke. I do not have the courage. I cannot."

After coming under pressure to provide more credible evidence that he was bitcoin's creator, Wright had published a post on Monday that said he would post "independently verifiable documents and evidence" that would back up his claims. The post could no longer be found on the blog site. "


--------------------------------------------

I don't know who Satoshi Nakamoto is but I don't not believe it is Dr. Wright.  Two pieces of proof I will accept, Contact Thermos and unlock your account on BitcoinTalk or move 0.00000001BTC from the blocks we know only Satoshi mined and publish the results.    Without either of those, the burden of proof has not been met in my opinion. 
50  Bitcoin / Mining speculation / Re: Thoughts on Cost of Mining Farm now, with 40+ PH/s. on: April 22, 2016, 06:32:42 PM
I am going to ponder these numbers and update if I can find something to add to really see if this was a good investment.  I run a DC so I can pipe in on hosting costs at that level. 
51  Bitcoin / Hardware / Re: BTCS Dumping SP35s for SP50s on: April 14, 2016, 06:53:31 PM
No confirmation the SP50 is in production.  They may sell at that price, I am selling one SP31 unit for $500.00 plus shipping.

-D
52  Bitcoin / Mining / Re: Bitcoin Mining Documentary Aired in China on: April 14, 2016, 06:41:21 PM
Great little gag.  Well done.
53  Bitcoin / Mining speculation / Re: Bitcoin has 1st downward difficulty adjustment since June '15, Hashrate Stabile on: March 08, 2016, 12:28:50 AM
I think think there isn't any good answer SebastianJu.  I don't see how you can prevent centralization through the use of code.   This has to be assumed a natural progression when the majority of hardware is ASIC.   Then you have a profit incentive and open competition.  Don't think there is anyway to avoid it.   Is it desirable to be centralized, from the merchants perspective, to a certain point it is so they know transactions will be processed in a timely manner.  If if you changed the algo from SHA-256, you would only buy you some time before people would make ASIC.  This must if been intended and known to be unavoidable as an outcome.

-D
54  Bitcoin / Mining speculation / Re: Mining and the Halving on: March 06, 2016, 10:18:12 PM

I don't think it will peak.... if it does that is not good.  That would mean companies are not investing in R/D which would mean profits for big companies don't look great.  Which means us little guy's even worse.

I feel we will continue to see improvements in gear 14nm heck it's a game changer and were pretty close to seeing it I think... bw has one being sold right now but higher specs then fined tuned one they talked about on site.   So gear is only going to get better.

Hopeful think but I admire your optimism.  Bitcoin ASIC mining is a zero-sum game.  That means you need a heavy incentive for people to invest the amount of capital in R&D to keep pushing improvements.  At these levels we are talking high-mid in the millions minimum and that doesn't count for production once you have a good chip.  If you are going to make that investment, you are going to want guarantees of a ROI or at at least ROC (Return of Capital).   If what you say is true about it being bad for the little guys, how many generations of hardware releases do you think will stick in there?  At a point, you can't rely on those dollars.  That comes to my other predictions is that mining is going fully private for the most part with some retail going out the door but likely only to big players.  That is where the incentive is going.   

Once we went ASIC, this was an inevitable path.  With GPUs and FPGAs, you at least had secondary uses for the hardware so you resell it once it was not profitable for you, with ASIC hardware, this is it and because people will sit by and wait for dips to turn it back on, the difficult is never fully allowed to correct for a meaningful enough time to let people make reasoned long-term investments. 

Last point is the power usage is becoming to a point where it is really moving out of the home and commercial office into data-centers and industrial spaces setup for this application.  I hope the halving will give us some market discipline that will help future miners. 

Thoughts?
55  Bitcoin / Mining speculation / Re: What are miners doing with their profits? on: March 06, 2016, 10:03:07 PM
Most of the coins are likely being sold to pay for mining expenses at these levels unless there is evidence that most miners are real speculators and they are off-setting their expenses so they can take a mine & hold strategy?
56  Bitcoin / Mining speculation / Re: Bitcoin has 1st downward difficulty adjustment since June '15, Hashrate Stabile on: March 06, 2016, 10:00:38 PM
Nice... looks like the topping up of mining hashrate came to an halt. It's a good thing. The mining market is oversaturated with miners that want to get their share of the reward and while bitcoin became quite the non-green tech because of it, this is maybe a sign that miners will think more carefully about this goldrush thing.

I mean all this talk about miners being underpaid, that we need higher fees and all. The only problem is that too many miners take part. Each taking away a reward share from all others. Raising fees will only mean more miners until it is saturated again.

If half the miners would stop then the other half would earn double the reward.

It's a market. No need to artifically raise rewards. There is no right on buying a miner and earning a certain return. Miners should calculate carefully before such a buy.

Though I think it is a sweet news for every miner mining now.
I'm turning on my s1s and s3s, time to mine with dropping difficulty. I gotta milk out every bit of this difficulty drop. Perhaps the difficulty has peaked and it'll slowly fall and rise again. For one of the first times. THis is soo interesting and i'll have to monitor this so I can tell my kids that I witnessed bitcoin difficulty fluctuation. :p

This sums up the points I have made in other posts perfectly.  The biggest flaw in Bitcoin is powering a trust & confidence network by human greed.  Eventually left to it's own devices, it will consume itself with self-interest.  This is because their are many different views on the right course of action so we have no consensus.  We have no real stewardship when it comes comes to proper action.   

With that said, I really don't have a better answer then keep doing this until the network fully centralizes or use the "nuclear option" to force change.  Take S1 and S3 (no offense to the OP) but they really have no place on the network at this difficulty, but in his defense, he purchases them and have every right to mine with them for his own speculative purposes.

The only thing we can hope for is for the network to shake out more hobby miners until the majority is mining by professional miners and they are being very deliberate in the deployment of new mining hardware with some reasoning behind new capacity.  But in the end it comes to my final thesis.   The network will be run by the ASIC chip manufacturers in the end for the most part and each purchase is just fueling that outcome.  You can see this evidence by the fact all the Chip Makers run their own mining operation privately with or without retail sales to the public at large.
57  Bitcoin / Bitcoin Discussion / Re: Silk Road Founder Ross Ulbricht Sentenced to Life in Prison on: February 23, 2016, 09:49:20 AM
Places like silk road only do one thing and that causes more problems than cures and gives Bitcoin and other crypto a bad name for all the illegal activity's that where conducted on them. Cracking down on them and putting a stop to them I agree to. People who use places like silk road take the risk and are fully aware if things go wrong. When I was on it the amount of stuff that could be bought was a shock to me after seeing so many bad things and services you could buy with a click of a button and a payment of coin. Once all places like Silk road are stopped the better it will get for Bitcoin to be a much better legal friendly crypto to be used in the future.

I agree, he played with fire and got burned.  Let it serve as a notice to use your talents to do more creative things than make a platform for trading illegal drugs while trashing the name of Bitcoin with your dealings and playing mafia with your hits.  Lock em up and throw away the key. 
58  Bitcoin / Bitcoin Discussion / Re: Silk Road Founder Ross Ulbricht Sentenced to Life in Prison on: February 23, 2016, 09:37:03 AM
No concern at all, he knew what he was doing and in the end the same thing that has fallen many men, fell him, arrogance and greed.  He thought we could be beyond the laws in some libertarian fantasy.  In reality, there are states, laws, policy, instinct and common sense.  He is no hero or martyr.  Just another ego that got out of control.  

-D
This reminds me of Irwin Schiff who has been held 10 years for 'evading tax' and writing a book about it.   He at no point attempted to deceive or misled IRS just argue his case (ie. tax was not applicable) for which he received a similar harsh sentence as an example.   Clearly he is not the master criminal Ulbricht could be cast as but they are both naive in objecting or thinking they have a choice to wilfully object, (arrogant not to move abroad as many would)and the states reaction seems similar in that.
  He currently is 87 and is dying from terminal lung cancer yet cannot let be free for fear of being too soft on any threat to the superstate system.   I doubt Ulbricht gets any justice while he is also seen as any threat, any laws can be arranged if so desired to make progress unlikely.  If they cant even let out a book author after ten years who is going to die very soon, I dont see them extending any mercy elsewhere it would be seen as weakness within their ranks or something

That comparison is laughable at best.  No comparison, DRP got what he deserved.  We have an appeal process if he felt he got a raw real but I am quite sure he will be rotting in jail.  Hiring hitman on people and the such, you deserve to be kept from society.  We don't need trash like that.  Also it give Bitcoin a bad name and we don't need that with all the other negative press.  Good riddance.
59  Bitcoin / Mining speculation / Re: Why doesn't someone just design a miner, which will ROI and profit in a year? on: February 21, 2016, 08:03:56 PM
His design might be open to copies. But so does every major company, like Apple for instance. I'm sure the hypothetical inventer would make more money selling units than mining with his invention.

If you see no point in this discussion then don't discuss on it!

Bitcoin is a fixed supply currency so you logic is a little off.  The person would make much more just mining themselves because they would only need to support their own operation, not others.  There is not point to this discussion because you point counter basic human nature for the most part, people are self-interested and to moderate amounts that is a good thing and is why we see so much progress in the world. 

What you want to talk about is utopias that don't exist.  You could in fact design a chip that is better than anyone else and sell it to the public but I figure once you started looking what it will take, you may understand better the points being presented.  Proof positive is the fact that all chip makers have their own mining operation and mine more than they sell. 
60  Bitcoin / Legal / Re: BitGold.com does not allow US customers to use its service - why? on: February 19, 2016, 05:25:10 AM
Regulation, that have been gunning for those types of service since eGold.

eGold:
http://www.economicpolicyjournal.com/2013/04/bitcoiners-remember-what-happened-to.html
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