Remember probably almost everyone has $300 of junk laying around they can sell and buy first btc. Hurry up though we might not be @ $300 much longer.
This never seems to occur to the people who are hustling for coins on here. They'd rather devote 2,000 hours to faucet clicking when they could buy the same amounts of coins if they sold one old game on Ebay. You'd think that the forum readership is now made up of mostly middle schoolers from third world countries who are unable earn $330 through regular means. Yet this can't be so because they have internet connectivity and plenty of time to waste clicking faucets. |
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He's about to get zhou thonged.
Is this a new meme? Zoo-Thonged? lol then. Since I prefer not to see Borat thonged, I also prefer not to see Zhou thonged.  Mmmm ... thong made of emery cloth |
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You should never invest borrowed money at any price. My opinion.
I think investing borrowed money is far better than using it to buy Christmas gifts. |
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Careful, you might prompt some nutjobs to lecture us all on the evils of permanently storing cups of coffee in the holy ledger.  Coffee is fine. Even scrap payments of 0.005 BTC is OK. Just don't complain about the fees. |
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Bit overdramatic don't you think? Also, America has no king and will never have one.
Well if there were ever to be a King of America I'm sure he would suffer the same fate as Louis XVI did after the French Revolution. Americans aren't that apathetic enough to let this happen (yet). |
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This whole thing smells of pump&dump.
Where is the "Pump"? I don't see too many shills pumping Bitcoin. Seems like a slow and relatively quiet rise. |
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Funny thing is, BS&T was used by a whole bunch of people and was considered really trusted. Shows how easily people get sucked into that stuff, and even now you see the same old ponzi sites pop up, get a decent amount of deposits, pay out for a couple weeks, and then vanish with a bunch of profit.
I think a lot of people took it as a game back then. That was the era when plenty of people had hundreds or even thousands of BTC obtained at low cost and they were just throwing them around not caring too much if they lost it to a scam or ponzi. |
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No down trend or up trend. It is just another 200-300 cycle. If you have bought at 220, sell at 300 and wait to fall it to 200-220 again. Buy range is 200-220 and sell range is 280-300.
That's definitely the case until it suddenly is not. I'm not saying that it's happening now, but people who bet the house on that cycle will eventually get wiped out if it goes beyond it in either direction. Yeah, I've seen this with traders in other markets. They trade this pattern and make modest consistent gains for some period of time until one big wipe out in the end when the price finally breaks out. |
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What PSU are you running with? S7 needs a solid 12V, ideally 12.2V when under full load. If you have a multimeter check the voltage actually getting to the PCIE sockets.
Rich
I'm running a LEPA 1600W unit. Can't check the voltage right now but I'll check to see in the next day or so if it's getting at least a solid 12V. Just checked it after four hours of running, turns out is started at about 4.3 TH/s, and ended up at around 1.3 TH/s before I rebooted it. I'm really going to have to figure this out, seems like a serious issue.1600W LEPA is a piece of shit. (I have send it back to warranty 4 pieces of 6). Use proper single rail PSU, not modular LEPA I've run a pile of them myself but never had a problem, not a single RMA... Of course I balance the load across the rails and don't simply plug things a random set of plugs.. I wonder if it's the PSU or operator error... I did however stop using them last year when I flipped to DPS-2000BB and IBM 2880W PSUs, would never turn back now and a much better value than the Bitmain PSU. I've burnt a few of LEPA 1600's with 3 Neptune cubes @475 MHz across 3 rails (1200W total at the wall). It took about a year to happen and the strange thing was that they burnt out at around the same time. I also have a bunch connected to 2 cubes and they are still fine. I guess pushing 30A per rail is probably the limit for this PSU, though it is worse if more rails are at the limit. |
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To be fair, PR's expertise is in deterministic (ie exceedingly predictable), fine-grained in vitro analysis of ~trivially computable, small state-space macroscopic physical interactions.
Can somebody point me to his better non-Bitcoin publications? I found some old papers on robotics and neurosurgery but they were pretty lightweight and he was only a co-author. |
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So I sent someone private message and I saw this message attached on the top: "!!! WARNING: This user is a newbie. If you are expecting a message from a more veteran member, then this is an imposter !!!" I don't know guys but this isn't welcoming and definitely someone who receive messages from newbies here might not take it seriously. Are we fighting with spammy accounts here? There are other ways to deal with it. Let's come up with solution better than this Thanks to the hundreds of newbie scam attempts before you. Also, you might have noticed, your image is not working, but ours are. That is to discourage the newbie spam attempts with garbage images. As soon as your activity crosses 15, you'll be able to get rid of these problems known as Newbie Restrictions. I thought that the newbies restrictions would be lifted when the user reaches 30 activity, not 15. Or when a newbie is promocted to Jn member Well this guy only made 3 posts in almost 2 years. At this rate he would not get out of Newbie for another 8 years. If he has nothing to say, should he really be forced to make empty posts? Maybe the wording should be less dramatic. |
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I am talking 20 S7 Antminers @ 24KWatts. Yeah gross would be around $6k per month which would leave a net of $1k per month after paying the $5k to the data center. My ROI would be 3 years. That is not a good!
There must be some error in the quote. Nobody charges that much. For example, it would cost about 1300 USD to host at my datacenters at 57 USD / kW. Other datacenters from Canada charge about this rate too. I just went back to the quote: 16 kW at $340/kW for a monthly fee of $5,440 with a one time setup fee of $1,500.......The grand total monthly was $$5,790 with a One Time Install Fee List Price of $2,500........ This is crazy!!!!! $340/kW? That is absurdly high. You should be looking for a host in the $60-$75/kW range. I did math earlier and I don't believe anyone would charge this much if based on asic hosting. If he went to a regular server farm.... possibly if very top tier. But they would not be geared for asics. Look into asic hosting it is much cheaper and has more cooling then normal hosting. Anything over $300/kW/month for the total package sounds like high-density colo with clean uninterrupted power to the cabinet. This is definitely not cost effective for mining. |
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This always comes pretty handy when you are trying to show someone why Bitcoin is the best form of money in the history of mankind:  The only reason Bitcoin isn't the 1# currency and store of value is because it lacks the marketing that violence backed currencies have. Gold has just centuries of existence and a huge network effect. Bitcoin is better money period, it's not even an argument. For the "Sovereign" line item you should switch the red and green color codes. |
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Money will eventually become obsolete in the full sense of it
Gee, I hope we don't go back to bartering. |
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The code is pretty rudimentary. It is not that difficult to rewrite (or even just refactor) so that the resultant code does not violate the GPL of the original. If they only used the software in-house without releasing it they could even copy the code. It is not like it is Affero GPL where they'd need to release the code even if they just used in a SaaS offering.
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Asking for reversibility is a kneejerk reaction to scams. One should explore solutions based on some combination of escrow and smart contracts.
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I will stop using bitcoin the day i can no longer use a full node.
Never use a website to host your wallet people.
Well I just ordered the parts to assemble an i7-5930K based computer for running a dedicated full node at home. I'm curious to see how fast the Haswell-E can chew up the 1MB blocks when downloading the blockchain for the first time. Not only should you not let other people host your private keys, but you should also not leave the verification and transmission of transactions to others. I too will quit when a high-end computer can no longer run a full node at home. |
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From what I can see, it's somebody who is out to destroy bitcoin. What is there to gain by carrying out the attack only to cause inconvenience to the users.
I am not sure if he is out to destroy Bitcoin. If anything there is benefit out of all this - many noobs who did not understand what the malleability attack was prior to this now do. For most systems it is not too difficult to build countermeasures against this. Of course, if someone's system depends on the abitlity to react instantly to unconfirmed transactions the moment it sees them ... well then it is their stupidity. |
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