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5301  Bitcoin / Mining speculation / Re: Miners DUMPING their ASICs on: April 08, 2014, 07:24:41 PM

What's bicoin?  Is that a new sexually ambiguous Alt coin?   Tongue
5302  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: April 08, 2014, 06:21:36 PM
www.BlackArrowSoftware.com works for me, ecointalk.net doesn't though.
5303  Bitcoin / Mining speculation / Re: Any miner worth buying right now on: April 08, 2014, 05:43:26 PM
ASICs is not very good in long term, try to get gpu rig and mine early launched coins, then sellthem when they hit the exchanges.

Mining with GPU's is even more dead.  Once Alpha-T Viper and KNC Titan Asic Scrypt Miners hit the market, it's over for those AMD R9 rigs.

The advantage with GPUs is you can always sell (or use) them later. My home system just got a free R9 290 upgrade since I've shutdown a small scrypt farm.

The issue is dedicated H/W. For example I have a single BFL FPGA single sitting around waiting to go in the trash. There is nothing else to do with it.

ASIC H/W that is power efficient will at least last several years where you can run it at around break even. However ASIC H/W that is not power efficient only has a short lifetime since better H/W makes it unprofitable to even turn on.

This is why buying early ASICs was always a losing option, you are buying something that is guaranteed to have a short lifetime and long ROI...

You won't be able to sell those GPU's when the market will be flooded with R9 290x's after all Scrypt miners shut their rigs down due to the massive network hash jump.  A few pennies a day isn't worth it running a 5 or 6 card GPU rig, especially with the electrical costs.

With Asic's you always have the good people of EBay.   Grin
5304  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) on: April 08, 2014, 05:29:55 PM
Yeah, but you gotta love KNCMiners latest Fire Sale with the Titan!

Technologically impossible with those specifications, but look at the suckers that jumped the gun and brought one or two.
Sorry, I meant brought shares in the KNCMiner farm!

They will renege on the Titan and go with another "plan B" or will that be "plan C" for Ca$hed you in?

KNCMiner - Scammers, hobby killers, and environmental destroyers!
Did I mention greedy fucking pricks???
For those reasons alone I hope btc dies! Let alone how this whole site is criminally run!

munch, munch!

Wow, tell us how you really feel.

At least KNC is offering some sort of compensation, which is better than most of these companies. 
5305  Bitcoin / Mining speculation / Re: Crooks Will Render Mining Unprofitable on: April 08, 2014, 03:19:42 PM
What does mining have to do with crooks?  Still trying to wrap my head around the title.
5306  Bitcoin / Bitcoin Discussion / Re: [STORIES] How did you find Bitcoin? on: April 08, 2014, 01:58:36 PM
Started following it in 2012 through hearing about Silk Road, but didn't jump in until late 2013.

How I regret not jumping in earlier... Cry
5307  Bitcoin / Mining speculation / Re: Any miner worth buying right now on: April 08, 2014, 01:37:17 PM
ASICs is not very good in long term, try to get gpu rig and mine early launched coins, then sellthem when they hit the exchanges.

Mining with GPU's is even more dead.  Once Alpha-T Viper and KNC Titan Asic Scrypt Miners hit the market, it's over for those AMD R9 rigs.
How much do/will they cost?

I think the cheapest Viper at 16MH/s is around $700 and the Titan at 250MH/s is $10,000.
5308  Bitcoin / Mining speculation / Re: Any miner worth buying right now on: April 08, 2014, 01:32:35 PM
ASICs is not very good in long term, try to get gpu rig and mine early launched coins, then sellthem when they hit the exchanges.

Mining with GPU's is even more dead.  Once Alpha-T Viper and KNC Titan Asic Scrypt Miners hit the market, it's over for those AMD R9 rigs.
5309  Bitcoin / Bitcoin Discussion / Re: Let's get the facts straight about Apple. on: April 08, 2014, 12:58:23 PM
Don't you mean "Sheeple"?

I like to think for myself and not get hypnotized by the herd mentality.

Closed source, closed ecosystem, unnecessary censorship of apps, forced upon products and accessories.  NO THANKS!
5310  Bitcoin / Bitcoin Discussion / Re: Gavin Andresen Steps Down as Bitcoin’s Lead Developer on: April 08, 2014, 12:51:59 PM
He's not quitting Bitcoin fellas, he's just allocating his time elsewhere.
5311  Alternate cryptocurrencies / Altcoin Discussion / Re: Better option than Bitcoin on: April 07, 2014, 07:33:11 PM
Where can I download XNF-QT 0.0.0?

XNF is a centralized digital currency and not anything like a software or downloadable thing. I am not sure if you got it correct?

Dang, nevermind.  I see it's transacted on the Ripple network.  Good luck with that!
5312  Economy / Service Discussion / Re: minersource.net -- Missing order? on: April 07, 2014, 07:08:58 PM
Try seeing if your order is in the old webstore:

https://oldstore.minersource.net/

Supposedly, they're still trying to bring over the orders to the new website, but I wouldn't hold my breath.
5313  Bitcoin / Bitcoin Discussion / Re: This day a year ago on: April 07, 2014, 07:03:44 PM
Did that guy really sell 1318 Bitcoins at once!   Shocked

Man, I wish had 1318 Bitcoins... Undecided
5314  Bitcoin / Bitcoin Discussion / Re: BEWARE: Coinbase Phishing Emails on: April 07, 2014, 06:40:11 PM
Good heads up.  Also check to make sure the sender email is contact@coinbase.com or support@coinbase.com.

Anything other than that could most likely be phishing emails.
5315  Bitcoin / Bitcoin Discussion / Re: "Goxxed" is a terrible word on: April 07, 2014, 06:09:47 PM
As long as there's a Mt. Gox or Gox exchange re-opening soon, getting "Goxed" will remain as part of our vocabulary.

Let's hope they learn after their relaunch.  Personally, I'd rather them be completely gone, but I still want to see the community that traded with them get their restitution first.
5316  Economy / Speculation / Re: why the sudden drop in price? came outa nowhere? on: April 07, 2014, 06:04:35 PM
What sudden price drop?  BTC been around $450 +- $5-10 or so last few days.
5317  Bitcoin / Mining / Re: Earth hour. does anyone mining care? on: April 07, 2014, 06:01:08 PM
I voted option 3 because I'm an honest person, and ain't that the truth!    Cool
5318  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 0.893 BTC for 180GH/s on: April 07, 2014, 04:33:15 PM
buy antiminer S1 will ROI or not?

Currently, no.  The BTC price and difficulty make it impossible to ROI at the moment.  Time to just buy BTC.

You mean your electricity price. I am quite sure someone in WA at 0.027c /kWh could get positive ROI.



Where do you get that price from?

I tried looking here, but don't see it:

http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_6_a

Even at that low electrical cost, this is before BFL, KNC, Asicminer, and Black Arrow shipped their hardware.
5319  Bitcoin / Hardware / Re: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip on: April 07, 2014, 03:45:55 PM
Fixin' to get ready to sell something ain't the same as selling something....I don't get why they don't continue to sell the S1s "like hotcakes" even if they have to allocate some of the chips to keep the sales flow going. 

The only logical reason I can think of is that their margin on the S1s at the current selling price is so low that it makes sense to build the quantity of the next batch of S2s (which will presumably sell at a much higher margin).  Gotta tell you (bitmain) that I would rather buy a few S1s at a slightly higher price than invest $3K in the new S2...maybe it's just me...
I have a feeling it has something to do with the current bitcoin price...

Agreed, they're not making profits of the S1 at current BTC price, so they halt all sales.

I remember they mysteriously sold out a month or 2 back due to similiar circumstances, then all the sudden they were available.
5320  Alternate cryptocurrencies / Altcoin Discussion / Re: Better option than Bitcoin on: April 07, 2014, 03:42:33 PM
Where can I download XNF-QT 0.0.0?
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