This is my collection of compacs. I need to take a picture of a batch 1 with these, at least one component changed color's but nothing big such as new part. Below in order is the pre-production compac, reviewer compac, batch 2 compac, and Europe compac
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Personally i would go for safety and buy some server PSU with half of the money invested to S5 and half for S7 asics.
Buying old gear (S2,S3,S4) makes no sense. First of all the effiency and secondly the guarantee, For hw long will they work...
Actually buying S7 with actual cheap~near free electricity is a bad investment, the ROI takes a very long time 8months+ versus S3~S4 that take 2-3 months, S5 that take 3-4months. Beside the S7 that was sniped from Bitmain when the price collapse at 4BTC, they are a pretty bad investment. I would look at difficulty change recently aswell. It's scary to see a possible 10 percent change in this day/age I thought we were past 10 jumps. But it's not looking good. So when you do your ROI OP I would use some big numbers on possible ROI just to see what it will look like if it stay's bad. I'm hoping this is just Avalon and Bitmain and will end soon... but i'm afraid the competition with a little higher priced BTC will bring a lot more hash our way.
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Very interesting please share some screenshots of its interface. I don't think we will be seeing two many of these on here. Just to dang high.
Will be intresting to read a review of one though. I still think should be around R1 pricing I'm thinking at price of this device they wanted to prove concept and say they have a released miner without really doing anything in to big of bulk.
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Just a quick question
With bfgminer NOW taking your gekko 8gh btc usb miners, does someone have a more 'simplified' link then the pages of info a couple months ago ..that you all kindly posted on how to get these beasts up on a powered usb hub?
I also wondered this. I have a cheap hub sitting waited to be modded. What power sources are you using when your making the more powerful hubs? I know it will require some soldering just wondering what is best to have it hooked up to. I don't want to put to much power through it.
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i set up a time switcher. every 4h 1minute. no problems since 16h..
thanks for your help
Interesting idea I've heard of someone mention it before but never seen it tried. Please let us know as that is a nice and cheap way of doing it. I'm currently using software and a R1 to do it. Its nice and quick to fix zombies but did cost be more then a timer switch.
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Why would the halving affect the current difficulty?
I understand the efficiency and cold weather but not the halving factor.
I could see companies thinking about expanding mining operations racing to do it to get as much mining before having as possible. Essentially they get more money now, a lot of people the big companies will be fine after having i think with electricity rates. But I see it as a big business advantage of launching new gear now compared to after having. Granted it might change some if this difficulty changes keep going like this.
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Most people enter the Bitcoin world through faucets, because they are everywhere these days. They start out by claiming from faucets hour on hour, and boredom quickly kicks in, and they realize that claiming from faucets are not very profitable. {Once you subtract the electricity you have to pay} Most people miss the biggest secret to the success of faucets and it is described here in detail ---> http://www.bitbiz.io/threads/the-value-of-a-faucet-referral-network.689/#post-5653Enjoy.. Thanks to this strategy, I now spend zero time claiming and just get passive income weekly. {All income goes towards charity and lottery tickets} To reach that state, you must have A HUGE AMOUNT of referrals that' impressive I'm getting "This Account has been suspended." I was hoping to see it. But I don't really believe referrals are going to earn many a lot of money. They are like a pyrmid scheme the ones at top... great referrals one at bottom begging for referrals. So I just don't see the normal person going out and being successful on this. But I will change it if after it comes up its not the standard do this and has many referral links along the way.
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My biggest suggestion is I would move "8] Lending" to high. You can see a LOT of people in scam thread who have been burned from loans.
Even sites like BTC Jam that are suppose to help you if the person defaults gives you their info and wishes you luck. There just is not enough safeguards as most will not have collateral for entire loan or they would not need it. So I would rank high, but might be just me.
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Has there been any mentions if their os works on the pi2 yet or is it just original pi still? Would be a big thing to know which controller you need to buy to run this machine.
As of today they run on the older pi. Kilo17 told me this via pm. Oh well atleast they are still on amazon for around 30$, I think for non US miners it will be a bit more difficult to get the original pi rather than simply a new one. I do remember seeing they are working on getting it to run on pi2 so I bet the compatibility will come in a couple months. The old PI really is not horrible. I run a old PI on my 3 4.1's and never had an issue. It's not a big hungry program with the OpenWrt being used on it and modified to do the controlling. I just want to see the down clocking. I really hope they will shine here. This is the most important thing with difficulty rising like it has.
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I'm wondering if batch 7 will handle OC over 650 MHZ ?
Unlikely, as even the "gems" of the S7 world start to lose hash and see increased HW errors above 625. The best way to think about this would be that the batch sevens are "factory overclocked" They have a decent amount of time to perfect as shipping is a way's off. I'm really surprised at speed change, seems they can not be happy with a single design. This will make market on 2nd hand S7's so much harder to shop for and sell with so many variations and no + or other thing to differentiate it. I wish they would have kept old price though. With difficulty turning nasty... it could be a hard ROI to do.
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So a diff between 82.8 to 99.5 could be true by Jan 1 to do this we will do many 5% or more jumps. I still see the network going flat again once we get to this level of 80-100.
I really hope that does not happen but it's not looking pretty. I think we will break 10 this time... and I did not ever want to see that high again. I want 5 and under. At 10 will be interesting what a lot do as it's much harder to make a profit in current market with most miners. Bitwisdom midday: Bitcoin Difficulty: 65,848,255,180 Estimated Next Difficulty: 72,617,129,681 (+10.28%) Adjust time: After 1013 Blocks, About 6.3 days Hashrate(?): 530,831,166 GH/s Still above that 10. Not sure what I should consider a sucess even a 8-9 percent is not a pretty site.
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Interesting they have a new batch. It's almost like pre-ording you order so far ahead. 1.5 Month lead time to get product is a change in bitmain. It is intersting as i would guess with 1.5 month lead time they could order all parts, etc from customers money not even need to use their own like when batches were made close to shipping date. I really hope they push timeframe to less day's ahead when they look at more batches.
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Am I correct that my hardware is only going to mine $0.70 per month?! I have a GTX 980Ti and thought maybe I'd get something more than $0.70 US per month, am I doing something wrong is is that a correct figure?? it was right because difficulty more difficult even your Gpu 980TI if you mine bitcoin. I advice you better mine alt-coin which is still profitable, profit from mine alt-coin is more than $0.70US/months. Can you point to some examples of say .10 cents electricity (normalish) and brings a decent profit? Any mining you do with GPU would be altcoin as bitcoin it would be doing nothing but dust. I just don't see GPU altcoins being profitable anymore. And if you do make a profit I don't see it ROI'ing on a card I think you will make less the card cost's.
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Algorithm can be changed to avoid new asic development, when for example bitcoin algorithm would be changed to current asic proof, if someone crazy company would start to develop new asic suitable for new algorithm, it would take a while when they succed, after that, algorithm can be changed to avoid that nwe asic too, and thats about it, i would like to see which crazy company would invest in researching technology that would not be needed soon after it is developed. There would be plenty of miners for supporting transactions, you can be sure about that, there just need to be correct information about that for potential miners. I am not in a dream world, unless bitcoin developers are close to large companies that gain profits from asic development, that this all idea is not real. It should not be like that is now, everyone is supporting greedy companies, that is making money by producing miners for dummies, that will most probably get back their money.
no please not this shit again, algo cannot be changed at this point, because all miners need to change their asic, which will kill bitcoin completely you see vertocoin, when they changed their algo the whole coin died and that was much less painful than something like a "400 peta of algo to be changed" And really if a coin is profitable... move will be moved find a way to mine it. Think about all the CPU coins there was at one time, now almost all can be done by GPU. There is not even a CPU coin worth mining. Think of scrypt.... it was big money and what happened? Investments came in and they made a scrypt asic. So it is not surprising if there is technology that comes out such as asics if a certain algo is worth it. But the sad truth is besides BTC and LTC the rest don't really tend to be as stable, and I was someone that loved Dodge but it lost a lot it's popularity. There is a lot of pump/dump now.
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Good thing i ve sold my s7 at a small profit already!!!
If we get even just a few 10's or close Batch 7 buyers will be off I'm guessing on ROI math will be ineresting to see who hits ROI on batch 7. With it being possibly a month before shipping could be interesting. I really hoping it is just a spike and will slow down after a few days.
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It has been found that you are actually at ~50% at www.cloudmining.website and spreading FUD to blackmail the service. Explain the reason of your hypocrisy in that thread. p.s. tmfp is helping you. p.p.s Try to FUD a little more and CryptoDevil might leave +ve trust on you too. I'm actually around 65% of ROI and i was around 55% in January.. I already explain why i'm scammed. if you don't understand my calculations compare them with calculator in service that you promote. Why i'm doing this? Because i involve people to this scam and i feel very bad with that. I don't want anyone else to lose their money here. The big problem I see with calculator is it does not mention difficulty's change and how big of a effect it will have. Sure... it looks amazing when you calculate a year without any increase in hashrate. But that is unrealistic they should add difficulty change to calculator I would suggest. Anyone investing anywhere on mining make sure to use one like - https://bitcoinwisdom.com/bitcoin/calculator where diffficulty is being factored in. Just like this week difficulty will play a bit role it's shaping up to be - https://bitcoinwisdom.com/bitcoin/difficulty . A lot of new gear being pumped out. And it's almost scary on this change.
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You are wasting your time with that you will see it was started in "April 23, 2014, 10:18:54 AM" So 1.5 ish years.... and no one can do it. I highly suggest you read about how hard it is to get a private key. Search and there are multiple threads. But unless you know a good amount of the password to it... it is pretty much impossible with current equipment (and will remain so for any foreseeable future).
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Normally my favorite day sig pay and regular mining. But was without access to the forums so not quite as fun of day. Was interesting seeing how much I missed forums/other sites when I was away for even a small period of time.
I think I'm addicted to this site, I just love bitcoins and most talk about them.
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Selling Bitcoins for Gyft.com codes is risky?
How can bitcoin sellers are protect from it?
If you are getting direct from them... it should be ok. But there is always risk as bitcoin is not reversible. I might suggest trying small amounts I was not horribly impressed when FAQ had a dead link which was suppose to be about what bitcoin is - https://gyft.com/what-is-bitcoin/ . So makes me wonder how much time they really put into it I personally would use a exchange myself. If you are talking about getting gyft or any gift card from a 3rd party (not gyft). Yes it is very risky and many scams have happened.
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Yes this is possible. There's a lot of information on this forum. The first thing for you to do is to read what's already available, then if you have specific questions you can ask them by starting a new thread. Go to the Services Discussion board: https://bitcointalk.org/index.php?board=52.0Read about different campaigns and there's also a thread on "Overview of Signature Campaigns" that's pretty helpful. Read, learn, and you will be wise! Welcome! thank you very much for giving the link now i am able to understand little bit about this site, and detail about signature campaigns and earning, but for newbie their is no many campaigns only 1 or 2 are their, i will wait for my account to become jr.member. Could you explain faucets to me or direct me somewhere I can get my learn on please? Thanks for the help in advance. Honestly don't go down the faucet road. You will make cents per hour's of work. Some do it but truth is your computer is using more electricity then what you bring in I'm willing to bet (unless you happen to have referrals and using them to do work for you). But honest use that time would on faucets for something else. Even just learning bitcoin and you will be so much better off then getting dust in wallet.
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