The bitcoin network needs more full nodes. If you own a computer, and arent running a full node, Id like to hear why.

Its no secret that most people who are mining are simply submitting shares to pools, and dont actually run the full Bitcoin software (this goes for alts as well).

This declining node trend decreases the security and reliability of the Bitcoin network.

More nodes means more security. Download it here:

https://bitcoin.org/en/download

not playing on seals in 2012 when there were pots played for hundreds of BTC, and like 2-3 good players on the whole site. One of them won over 2000 coins in 2012...

They say this is going to draw 1800+ watts at 120v?!? What the hell do I plug it into???

Anything that draws 1600+ watts continuously should be running at 240v.

This is aside from the heat/case design concerns... Im worried that by trying to match KNC they are going to end up with too many problems/delays and ship nothing.

Honestly, I want to pay off the remainder but how can I with so much still unknown and knowledge that if there are major delays I wont ever ROI, if I even get a Viper in the mail.  

Good thing Black Arrow hasnt lost focus on its original project which is months behind schedule. Glad to see they are really focused on completing their first batch! Great job!!!

I would be impressed if we get a competitive per $ gh at ship time, it would actually almost make up for these insane delays. Sounds promising, but right now I cant say I believe it.

Any delay beyond May 1st has to come with a HUGE hashrate upgrade. Like 300%

Quality of posts is way down and troll/garbage topics are way up since the new forum members area was removed.

Honestly, it makes me want to come to this site less and less, because the signal-to-noise ratio is at an all time low.

I wont even go into general Bitcoin Discussion anymore. Its a shitshow now, a total mess.

I dont know the logic behind removing the new members area, but it needs to be re-examined.

You must be new here.

Maybe benevolent mods can move this thread to the section of the site euphemistically called the "recycle bin"

In 2011 when Bitcoins spiked to $32 or whatever then flash crashed down to $2, many people, probably the majority, just assumed that BTC was done. There was no reason to believe otherwise.

Bitcoin was at that point just seen as a passing fad that some geeks got excited about but ultimately was proved to be worthless and destined to fail. It was too volatile, too hard to understand. Nobody "needed it."

Why would you stay in "the scheme" at that point? You either cashed out big or lost big. It was over. Gonna be a slow dribble down top $0, but definitely over. "Nothing positive on the horizon" etc etc

All the smart money got out around then.

Well, almost all of it.  

+1, my friend who is only 23 smashed a 40ish MILF because he happened to be bored enough to hang out at a local dive bar until last call and she basically offered up some wine at her place.

He is no prize. Right place, right time. A great film maker once said, "80% of life is just showing up."

You can measure it however you want. Yes, Im sure in Luxemburg, Frosted Flakes are covered in 90% Bolivian cocaine and the roads are paved with the evaporated tears of the proletariat.

Im quite sure its wonderful there. But when having these discussions, its also important to acknowledge reality. And the reality is, we have most of the "money." (lol)

In fact, our "money" is how other countries denominate and measure their own currencies, products and services... because:

While we dont make anything, we sure as hell like to buy stuff. And as long as we are the biggest buyers, our skin in this game is worth the most.

"You will now be returned to your normal program of FUD and Loathing in Las Taxvegas"

Sounds pretty complicated.

I just have my coins stored in as a default wallet.dat file which is encrypted using the default Bitcoin-qt software.

Its backed up to a few separate physical locations on USB flash drives.

If you use a strong passphrase, your coins are still secure even if someone nabs your wallet file.

If you dont encrypt your wallet.dat, or you dont back it up, you are asking for trouble.

1. Buy mining hardware which never ROIs

2. Write off losses

3. Profit???

Im guessing May/June, which is optimistic, yet still bleak and completely unacceptable.

Id say its better than 50-50 they ever ship anything, but there is definitely a solid, constantly increasing chance it all just goes POOF.

So can I buy mining hardware which wont ever ROI and write it off? 

Ive had PSU cables melt, and boards and cards blow out and a fury of smoke.

Its definitely an issue. You need to have smoke detectors, preferably the kind that email/text you if you are away from home.

Also, a fire extinguisher. Those things can save your miners, your house, or people lives.

Many fistpumps! 

Regulators are pretty hands off with wall street and banks, Id appreciate the same level of freedom with my Bitcoins.

Also, heavy crypto regulation in The States will just put the USA behind other countries who are more open to new tech and markets.

We cant afford to fall behind more as our country is struggling enough as it is.

If we have to have regulation, Id prefer a very "lite" version just for exchanges, individuals and merchants should not be be forced through the wringer for a simple transaction.

Gox def scared off a lot of people, but when BTC cracks $1000 peoples lizard brains will take over and we will see big volume again. Maybe not till September/October, but it will happen.