Don't mean to draw this out anymore, but proof of a completed miner please?
Who said anything about a completed miner? We are talking about specs which have been tested. Which part of my comparison do you disagree with? Or are you just disagreeing for the fun of it? If it's not shipping in a week or less, it's pixie dust, simple as that. Has Dogie or one of the BCT community reviewed these units yet? You have a link to a completed miner? Minion asics are out, but no fully assembled or completed miner yet. Not disagreeing for the fun, just answer the question. Where's these miners you speak of? Can't talk about benefits or advantages in theoretical land, no? |
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The fact that they're out and shipping makes them better than BA, Shillothy.
Agreed. The only benefit of buying a sp10 will disappear as soon as BA begins shipping. However hashratio is shipping now for half the price of spondoolies or blackarrow. Lol it's cute because you base your whole argument on imaginary products. Which products are imaginary? Hashratio? Blackarrow? Just because they haven't began shipping doesn't mean they don't exist. Don't mean to draw this out anymore, but proof of a completed miner please? |
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The fact that they're out and shipping makes them better than BA, Shillothy.
Agreed. The only benefit of buying a sp10 will disappear as soon as BA begins shipping. However hashratio is shipping now for half the price of spondoolies or blackarrow. Lol it's cute because you base your whole argument on imaginary products. |
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Spondoolies seems bent on killing off the bad competition. Maybe we will see further price cuts that will really put BA to the flame. Idk about that. Spondoolies has just now lowered their price to $2.1/gh compared to hashratio as low as $1/gh if anything, its the other way around - the 1.5U case, server power supplies, and easy overclocking make it a pretty compelling offering esp vs the unknown specs of the BA system None of these things make spondoolies a better offering than BA. Both have high end psus and both will be overclockable (minion has already been demonstrated to overclock 20% just about matching the hammer chip) And the 1.25u case is useless. You cannot possibly cool 1kw/1u without some extreme cooling. Seems like most people are using 5 miners per rack which means they could have made them 8u and it wouldn't have made a difference. The fact that they're out and shipping makes them better than BA, Shillothy. |
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I am working on a research project but I don't think I have the required hashing power to actually mine any BTC to get data off of. So I am looking at getting a new desktop with some powerful GPUs to mine BTC but I am unsure how many GPUs or what GPUs I would need to get about 0.01 BTC every 24 hours. I am not concerned with electricity cost or overall profitability, just on getting some data about BTC for a documentary. So what would I need?
Don't even bother with GPU's anymore. Early 2013 was the last you could effectively mine Bitcoins with GPU's. You can't even mine Scrypt coins effectively with GPU's, just non profitable alt coins. Like the others have been saying, you'd need an Antminer S1 overclocked to 200 GH/s to ensure 0.01 BTC/day for your project. This calculator should help with your analysis: https://bitcoinwisdom.com/bitcoin/calculator |
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You can only instant purchase up to $1,000 in BTC on Coinbase, which isn't that much. If you want to buy 10BTC or something like that, you have to wait for ACH bank transfer (to limit Coinbase's risk exposure)
 It has been almost a year since Coinbase allowed up to 50 BTC instant purchases for fully verified accounts. http://blog.coinbase.com/post/55203204550/instant-bitcoin-purchases-at-coinbaseThat's around a 22k limit at todays prices which is fine for most. From the circle video you have to fully verify as well. Not to de-rail this thread, but unless they changed policies in the last month, the max for INSTANT BTC purchase is $1,000 worth of BTC for fully verified accounts. 50BTC was the daily purchase limit, but not for instant BTC deposit into your account Correct, the instant buy max is $1000 currently for Tier 2 customers: http://support.coinbase.com/customer/portal/articles/1412684-why-have-the-instant-buy-limits-changed-updated-1-27-2014Did they mention the maximum buy limit for Circle yet? Something to monitor for the future, since they only did a $200 buy on the video demo. |
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That's for the intellgient unbiased dicussion guys. From what I gather it's basically going to be a coinbase cometetior. Same basic functions, but probably a smoother usebase.
I do like the streamlined "K.I.S.S." interface of Circle based on Jeremy Allaire's video demo of it. However, as a fellow Coinbaser, I'm not tempted to switch just yet. I will give Circle a whirl, once they send me the invite though.  |
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What happened to the high offer, Andi1? He back out?
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Have you ever thought about buying BFL Monarch?
Stopped after the first question.  Nope, not at all, zilch, nada. Sorry, that's one thing I researched before I entered the mining space. Which company to avoid like the plague....this forum set me straight on that!  |
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Sent a Circle request just to see what this service is all about, and get $10 free in Bitcoin.
Hard to believe it's completely free, there's gotta be a catch somewhere.
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Nothing is really wrong with it, and I believe a little competition is actually healthy for the market. I think what a lot of people have against Circle, is that they seem to be basically re-inventing the wheel by bringing old school banking practices into the BTC market.
It is a double edged sword, because free insurance, and things like that are HUGE for mainstream adoption, however if pushed by the government, they would have the ability to freeze and hold anyone's funds without warning.
The ability to be able to instantly purchase BTC (without having to wait for ACH bank transfer), is also a really attractive feature that will steal some users away from Coinbase.
You don't have to wait for ACH bank transfer in Coinbase once you've verified a credit card. All my BTC purchases are instant now. |
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Yea I think they posted that video before. Until someone in this forum has a unit in their possession hashing away, I'd stay very cautious with this outfit. |
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Pack your miners better please. Almost had a ruined miner.  Happily it is mining away at 1 Th/s after an hour. Please please please fix how you ship the S2, because cards shouldn't be sloshing about in transit. The above is the reason why I'm hesitant to pull the trigger on a S2 either direct or through Juan's groupbuy... |
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woohoo, i'll be next  Jealous, I'm only in 18th place in line...  |
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Remember the first compensation package did say at the bottom any one who has been naughty would not get any compensation. Just looked and the rule still applies Then that rule applies to everyone here. They'd have no customers to back them in future projects or further fund their business. |
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My experience with bitminers.com
at this moment verry bad.
I have ordered a LTM-X1. Delivery shedult for 15.Mai
now we have the 19 Mai. And nothing from bitminers.
Have sent all day a email. no reaction.
Dear Sir,
I'm sorry for a late reply, we have reached the final stage of manufacturing of the first batch of miners. Due to this we are not capable to answer your phone calls and e-mails normally.
Yes, your order will be shipped as scheduled, but most likely on 15 of May.
Best regards,
William Perez
Sales Department
let's see what this week results yet.
at the moment I can only advise you, let the finger from it.
when I have news I will tell you here without delay.
sorry for my bad englisch.
CU
You would order from this rapey looking crew?  The guy on the far right probably got a used mini van with your order... |
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The (not) so old adage applies here. When Bitcoin price is low, you buy. When Bitcoin price is high, you mine.
I'd say at the affordable price of $446 or so, this is an easy decision to make.
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As somone on the ecointalk forum pointed out:
"david105396, on 06 Apr 2014 - 2:48 PM, said:"
" I am very confident that the deadline will be made and shipping will start on time. I will personally vouch for this. "
So are you going to step down David as you were vouching it would hit it's shipping date or are you going to string us along even longer with your lies?
It's a good thing he didn't take Debits .5 btc bet That should've been the first Black Arrow, I mean Black Flag, that they weren't going to meet the April 30th deadline. |
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DanBUK, if you're still selling these, please check your PM.
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