It's pretty amazing that we haven't seen a huge single bump in diff like we all expected going back an adjustment or two. I guess the roll out of all the new hardware was more staged than anticipated, it wasn't like someone just threw the ON switch and added multi-PH to the network.
Difficulty speculation continues to be entertaining, let's see what the winter brings!
I think this means batch 2/3 of S7's are not made yet. They are shipping all they can to not have to compensate (even though its a crappy compensation). But I think there is a data center that is ready to be filled up with a ton of S7's. I could be wrong and they are already on the network. But I still think batch 2/3 will have a little bump in difficulty (a 5 percent or so week whenever they do get them online). Or that's what I speculate atleast. |
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Well i were surfing around the web and those site took my attention ,i see an average of 900 satoshis for 1ghs,is that profitable did anyone of you tryed it?is it safe? Looks like there is some users renting them,soo i suppose they get some income from them,and well looks to be safe ,meaning that with the rented rig it can achieve ROI.
Personally i think no, why sell it when you can earn more from it? But if you mean those sites where you rent miners short time i see a lot of potential if you jump on the right coin in the right moment. I did that with Blackcoin on the launch for example (also others, but that was the most profitable one) i would usually see that i mine for like 12-24 hours and then stop, wait a few days (or for the next pump if the coin was active and pushed) and sell. The thing is most sha alt coins are crap/pump and dump coins. There really is not a second sha coin that most want to hold. So this makes renting hard as nothing besides BTC really brings good money. On rental you will pay MORE then what it costs to mine the BTC. So unless your pool was lucky or you are doing massive solo mining chances are it's a bad bet. Only thing is nicehash for some reason seems to be under sha price sometimes but add fees it really is not a super deal even when it appears to be lower. Buying BTC or owning the rig is best long term. |
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Why was there only one batch of the antminer s5+ released, I monitored the website and notieced that they were sold out withing 1 week of being put online for sale! Why did bitmain not make more?
It was really meant for data centers. So likely most were sold to non public miners. I happened to grab one when they were for sell. I still love it, works great have not had any issues with it. But the S7 took place on the miner they are currently producing. |
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they don't even have individual meters for the the individual apartments.
Are you in the USA? If so, check with your state Utility Regulatory Board - that sort of arrangement is illegal in at least one state, though it is also specifically legal in at least one other state. In any event, unless your rental contract specifies some sort of specific applicable limits or conditions (I had an apartment once that stated I would pay $25/month more if I had an A/C unit), the landlord has ZERO legal standing for trying to charge you if you use the maximal electric available to your appartment. The odd thing is that I've NEVER seen a large apartment building anywhere in the USA that didn't have individual meters somewhere, just small "house converted to apartment" type places. There has to be a way to make it legal. I lived in student housing and they had a max electricity charge for me and 3 roommates. It was 25 each. Even if we used more then max it could not go over this amount. But we only got like a few bucks a month during heavy ac usage or heat usage. But I signed an agreement to it and i was a big corporation that owned student housing buildings so there has to be some way they can come up with these numbers and still is legal. |
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Probably Blockchain I think. Because there you need identifier and password. Even if someone knows your password he have to know the identifier to be able to login and that is only possible to those who have access to that email with which that blockchain wallet was created
That's why I still trust blockchain and have done $4000+ of transaction so far with Blockchain
It is still a hot wallet so it is not considered "most secure". Cold and hardware wallets beat it on security every time if done right. Even with 2FA and password it is not 100 percent secure. But yes adding 2FA is a big jump in security. But I suggest you read about cold wallets. Can be as simple as paper wallet, or lots of variations. |
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Have you received a notification that your bulk order has been shipped yet?
Since people are posting about CrazyGuy, way back I bought a few Block Erupter Cubes from him and everything went smoothly, one had a board die a few months after and he replaced it for free.
Not yet, hope to see them ship out in the next few days. I ordered early on the first day, so we should be at the front of the queue. Sounds great on that! That is why i trusted you with my order. Fronting the bill on first day truly put's your group buy apart from what others do. Thanks for doing this GB! *Edit hopefully soon! The thread had first person claim to have conformation of it shipping. |
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It would appear that the chips (probably Innosilicon A3) used in it are not "full custom" 14/16nm, but rather are "standard cell" type which is a lot faster and more reliable to design at the cost of lower performance/efficiency.
100% SCAM....after KnC, Butterfly labs and etc. who the fuck will purchase a miner (rendered wtf) from chinese site
Lketc is part-owner of bw.com - doubtfull this is a scam with the track record Lketc has. The one quote I've seen so far on price was "0.76 BTC per TH" - nowhere near the $500/TH that the OP mentions. At $500/TH this would not be a competative design at all, with ZERO chance of achieving RoI even on very cheap electric. I have seen 0.76 BTC/T but only in relation to their B-Eleven Hash Investment program. https://www.bw.com/belevenHave not seen anything in relation to a Miner purchase and would be very surprised if any prices had bee released yet? 51ASIC from the OP's post just seems to have a speculative (Scam?) announcement. Very soon !
NEWEST Miner B-ELEVEN
Heshreyt : 3TH / s, 5TH / s, 10TH / s
Power consumption : 260W / TH
Process technology : 14nm
Price: 500 USD for the TH / sRich We have not even seen prototypes yet so I don't think they have chips yet. I feel it's to early to know a lot. I feel Innosilicon either is behind schedule they originally had. Or bitmain and SP keepng 28 nm surprised them. I feel like Innosilicon is losing sells right now by not having chips. And LKETC and BW, etc. All not getting sells they would have got if Innosilicon would have perfected 28 nm like others do. Their big hope is that get ahead of the 28nm chip's and they take time to catch up. But with amount of money SP and bitmain have I don't see them falling far behind. |
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LK Group just posted renders and stats on their upcoming gear. Feast your eyes! We might just be getting the competition I asked for! The more hardware on the market, the better the chances competition will start driving prices down. Here are details : Process Node: 14mm Hashrate Model: 3TH/S , 5TH/S, 10TH/S.. , Power consuming : 260W/T Cooling: heatsink + Dual 12cm Fan Dimension: 349mm（L）*176mm（W）*148mm（H） connection port : Ethernet RJ45 Working temperature : 0℃--40℃  Anyone on here have an educated guess on what say the 3TH above would go for? or the 5TH admitedly this would be I suppose by the time we would see such a unit be Jan or Feb 2016 at my guess Just curious I'm very bad at the above price guessing game. I'm always low. Honestly there is no way to know. A1 dragons originally went for over 3k. But dropped and dropped.... etc till they are in several hundreds today in many cases. I don't think it will be near the first A1 dragons price. But I don't see them playing a big game with bitmain on trying to be cheaper then them. I suspect a tad cheaper then what ever bitmain is selling at the time. But they will want profit so no drastic changes from bitmain prices I dont think. Only company to really force bitmain to drop price in war almost was SP. And they claimed on some of last sp20's they lost money not sure if true or not. |
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Nope, it could happen tomorrow at perhaps any exchanges, but doctoring data has its cost and is also very much illegal fraud. So you'll be required to keep your head cool, your eye peeled for signs and make sure you don't get scammed. Just trading up by using a bot would probably be okay, even if the BTC get pushed up it would be done at a great cost from what i understand. Thanks for sharing the link to the article. Why aren't people discounting the major run up in the entire history of bitcoin as a manipulated fluke?!? I never hear anyone talking about it (or see threads on here either). Man, i'm seriously disappointed. There's NEVER been a real run up of bitcoin beyond $10 to $250...we're at the peak of the market now because everything beyond was the result of the Mt Gox manipulation. Mt Gox was a important factor in the going up on coins. But there were other exchanges like btc-e and others (I don't remember to many others that I used its been so long) But others got around the 1k to. So BTC was hitting 1k on exchanges that did not do this botting practice. But Mt Gox no doubt effected pricing. So it's really really hard to say what prices would have been without Mt Gox. No such thing as bad publicity they say. And yes many people wave the end of bitcoin flag because "the price went down 5x" but if you look at the price before MtGox and after, you'll see that even though we hit sub 200$, we are still higher than before. All in all, bad for the people who lost money, good for Bitcoin. It's hard to say what bitcoin would have done though if Mt Gox did not fall. Many lost faith in the whole system when it happened. The price dropped and it was not a good day's in BTC history. I think price would have remained much higher if Mt Gox would not have lost money. The bot thing was scummy but if it just came out without massive loss I think btc would not have had near the drop. The loss/stolen of BTC caused people to go from thinking it was pretty secure to crap. It's hard to build up confidence. I still wonder what BTC would be today if it was not for Mt Gox. But seems like were on a slow ride up so I will take it. |
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I really don't need the network part with my nighthawk I love my network. I had a crazy amount of clients and upgraded and it's been perfect. It was kinda sad to switch from my old ddwrt.... i stuck with it for years.
I really just want a lotto device and reliable controller for U series (and even other sticks if possible). So if they made just a lotto box without all the networking I would be happy.
It was probably just easier to include the networking stuff since the board they use already has it, that's why the S3 technically had wifi but just didn't have the antenna connected. I think part of it they wanted a product in this category of lotto mining. And I don't know for sure but I still think it would not suprise me if they somehow tied it in with hashnest stuff. For example show hashnest speed, etc. I could be completly off and they don't do that. But I have to think it was designed more then just 5G of mining. But if they did just make a solid U3 controller out of it I would be happy.. |
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Thanks for sharing the link to the article. Why aren't people discounting the major run up in the entire history of bitcoin as a manipulated fluke?!? I never hear anyone talking about it (or see threads on here either). Man, i'm seriously disappointed. There's NEVER been a real run up of bitcoin beyond $10 to $250...we're at the peak of the market now because everything beyond was the result of the Mt Gox manipulation. Mt Gox was a important factor in the going up on coins. But there were other exchanges like btc-e and others (I don't remember to many others that I used its been so long) But others got around the 1k to. So BTC was hitting 1k on exchanges that did not do this botting practice. But Mt Gox no doubt effected pricing. So it's really really hard to say what prices would have been without Mt Gox. |
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The way I see it, Spondoolies engineering annoys me to no end (those guys seriously do everything exactly opposite of how Novak and I would do it) but as a business they have my respect. No other manufacturer has their quality of customer support or communication. I might not want to buy any of their miners for engineering reasons, but I'd work with them as a business because, well for one thing they know how to speak English and for another they know how to not screw people.
I haven't heard anything out of either IS or PC lately. The last communication between them that I was privy to, IS was not interested in sample chips but they were interested in six-figure preorders for the new chip they wouldn't sell samples of.
Six-figure would get my attention aswell. I'm surprised they would not do samples though. Before I would ever drop that kinda money I would want a rock solid design. That amount of money is where it really would to take a angel investor. As I'm not sure a bank would do a business loan in most cases unless a lot of collateral on a high tech deal they likely don't understand. I hope they lower that number after they have introduced it to market. As 6 figures is a lot to commit. |
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So ever since I just started learning more on this forum, I keep on seeing people posting about remembrance of the Mt. Gox scam and the bubble they created... So how did they create it in the first place? What led to people getting scammed out of so much money/bitcoin?
They doctored the trade volume up. They made it look like people were buying in like crazy, which pushed the price up, which then lead other exchanges to keep up with the price since people were getting BTC wherever they could selling it there. And whoever bought coins and held became fucked when MtGox became insolvent. But how would they make it look like the trade volume was going up? Wouldn't you be able to see the purchases of bitcoins on the blockchain? Was there no tx ID's that came along with each trade on there? It is suspected they had a bot running doing a lot - http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/There are a ton that is suspected but really we don't know some things still. We just know customers got screwed. And likely there will be criminal charges but it's taken a LONG time. That's wild as hell... do they have the person who created the site and did the false price raises in custody somewhere? Does anyone know who this person is? I mean, I would guess the person would have to have been one of the original members of the bitcoin community who mined a lot of bitcoin and wanted to see an increase of price, mainly to increase the value of his own stash... is this a right assumption? It really is as they were the gold standard back then on Exchanges. I mean they were thought as being the best in most cases. I was lucky I did not store any there. The most crazy thing is that it was hacks that supposedly lost so much of customers money that was in hot wallets. And it was supposedly hacks that stole all the info that found out about the bot. So the same thing that destroyed the site, is what proved it was using a bot. If it was not hacked we would likely never have known about the bot. |
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So ever since I just started learning more on this forum, I keep on seeing people posting about remembrance of the Mt. Gox scam and the bubble they created... So how did they create it in the first place? What led to people getting scammed out of so much money/bitcoin?
They doctored the trade volume up. They made it look like people were buying in like crazy, which pushed the price up, which then lead other exchanges to keep up with the price since people were getting BTC wherever they could selling it there. And whoever bought coins and held became fucked when MtGox became insolvent. But how would they make it look like the trade volume was going up? Wouldn't you be able to see the purchases of bitcoins on the blockchain? Was there no tx ID's that came along with each trade on there? It is suspected they had a bot running doing a lot - http://www.coindesk.com/report-mt-gox-data-provides-more-clues-to-trading-bot-willy/There are a ton that is suspected but really we don't know some things still. We just know customers got screwed. And likely there will be criminal charges but it's taken a LONG time. |
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Put my 3 production compacs back. I have kinda found perfect setup for mine. I am able to get 45G out of three with the Y cord. I tried to go higher but I'm using some small PC fans to cool my solo mining area so 15G each seem like best for me. I am able to do it with some airflow and get warm but not really that hot. The two pre-production I run at 8 as I really dont want to push them even though they could handle it most likely.
A little airflow really does make a good bit of difference. I have it set up where my compacs get the air first then it goes through 3 U3's after. I will take a picture when I have time.
Also thanks for all your work once again phil!
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Have you received a notification that your bulk order has been shipped yet?
Since people are posting about CrazyGuy, way back I bought a few Block Erupter Cubes from him and everything went smoothly, one had a board die a few months after and he replaced it for free.
Good question as I owe you shipping once you know box size  . |
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Lower rates are possible look over at Mr. Lees thread like one away from this: we negotiate with a new electricity supplier those day, if we achieve agreement, the host fee will deduce to 0.07$ per kw.h on this new farm.
however, we want to do another host model in this farm, eg cloud mining mode.
we want to sell hash rate directly, the price should be 369$ each Th/s @ 0.3watt/gh/s , so the daily host fee will be 0.3*24*0.07=0.504$ for each Th/s, we will calculate the mining earning according to 4%pps and pay the earning to customer each day after deduce daily host fee(we will transfer daily host fee to bitcoin according to exchange ratio from bitfinex at 9:00AM(UMT+8)each day).
that is a similar model like hashnest, the only difference is that our host fee is better, and i also will not charge for expensive off-shelf fee when the project is end. i will try to sell the miner on used miner market and pay the money directly to customer.
He is most likely going to manage .07 well before hashing. This is greater then any offer I think we have been given. If we get our ducks in a row I still say electricity price is a huge factor we should focus on. The big winners will have cheap electricity. I think I offered 0.07 if you have at least 100kW I don't know that .07 was offered that is a little more promising then I though. You were more like this: If there was a big group buy of hardware sent to you could you do as far as lowest price that is your next drop? And when would you expect it to happen?
There are so many factors. I don't want to over promise and under deliver. Rates are going to continue to drop for the foreseeable future, but what I've posted in this thread is the best we can do right now. The answer could very well be different in a few months. I still think magic number to try to get is .05. I feel data centers are finding better and better places and prices are shrinking. So I'm hoping around there still. But I can understand not giving exact numbers as this CO-OP has been pretty slow moving. I still have hope it will speed up once a new product hits market. |
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He did work for bitmain and Dogie you have always presented a skewed view for bitmain. You run panting to their defense even when they apologize for many things you've said and done, but hey, keep being that faithful lapdog. I'm sure they will throw you a few treats.
BTW, what I meant when I said we haven't heard anything, is they knew well before the Holiday there were problems. You say what you want, but there are very few idiots who have been here every day keeping up with every post who will think they did not know there was a problem before they went on vacation.
The fact they knew there were problems and still not only chose to take their vacation rather than take care of customers, they didn't say anything about it which causes even more complaints when the units roll in.
A real company would have taken care of their customers, and yes, there are plenty of companies who answer the phone on thanksgiving.
Bitmain is nothing compared to comcast, nowhere near the size, the volume, nadda. Compare apples to apples, how many employees does bitmain have and how much do they care about their customers?
You can message the helpdesk and get told to email info@bitmaintech and then be ignored for a while.
They could have handled this much better and no amount of your awful analogies will change the facts.
Be a good boy and go back to working for bitmain. Wait, you don't anymore right? I bet that was one of those "mutual" breakups wasn't it?
Good boy, run along and squat to pee, but don't start fuckign with me. Your missy little hall monitor ass already has half this forum hating you and you get a handful of people to run to your defense any little time someone tells you how it is, stop being a nancy puppy. If you want to start with me you haven't thought things through because I am not someone who is going to play that game with you. I don't play and I don't whine to the moderators. You start bringing me into your little nonsensical half baked bullshit ideas you express here and I will teach you how to pee standing up boy.
You were that kid no one liked in the corner weren't you? The one who didn't know what hygiene is? The one who always wanted to run that d-licker to make it sound like you know something when you really only knew enough buzzwords to string together a sentence but if it was anyone who knew about the subject they could tell you were full of shit?
Those are life decisions where common sense is involved. Have some humility if you understand what that is and think before you type. It must suck to be in whatever relationship you are trying to get with bitmain. I actually feel sorry for you in that regard. Either you just need the money that bad, or you really believe half the shit you spout. I don't know which is more sad.
Make sure you click report so you can whine about how you get picked on in school and it brings back the bad memories so mommy will make them go away.
They were moving support to https://bitmain.zendesk.com/hc/en-us with tickets. Not sure how far they made it on it. I kinda feel they get so many emails they never fully made the trasition. I would agree if they had a more concrete help desk type system it would be much better. I am not a fan of their recent moves on compensation. But we gave them the trust to do it. There was no solid TOS or anything that protected us. We kinda went in blind and suspected if anything was truly late they would fix it..... so it gave them full power on it. They choose a pretty crappy compensation no doubt. But there is not much we can do. I mean it's already midday Monday in China. If bitmain wanted to come out and say "Were sorry heres some coupons" or anything they could have. I hate it but I feel no amount of these threads or posts will change their mind. |
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Just to have some more options to play with, I won't give up Bitmain or InnoSilicon about chips either.
I should probably go to a bitcoin conference one of these days. Not like I haven't been immersing myself in the community and economy for over two years now or anything, just never had the budget to take time off and go to wherever those things happen. If I make any kind of decent miner I should prioritize it though.
It was a great time. Only thing that kinda stinks is the number for miners has went down considerably. But meeting so many of the miners was great back in the day. Was during 2014 in Chicago one I went to, was like North American Bitcoin Conference. There were lots of miner companies and a few resellers along with other booths. But now it seems a lot of the conferences are focusing on the investment side instead of mining. Which might not be a bad thing if you can bring your projects infront of some of those people might lead to an angel investor type thing. I got a few funny things out of the conference. I got to meet minersource in person and ask them if they would take my pictures they stole of SF-28's off or start sending me money. They gave me a card and ofcourse did not remove it after. Also met BFL i almost felt bad for the employee stuck at that booth. They had a prototype monarch at that point. I got a little bit of fun asking about the status of it. It was pretty obvious even then they were not on up and up. Bitmain, and SP both were much more better experiences and I was impressed with both in person. The best list on upcoming events is really on coindesk: http://www.coindesk.com/bitcoin-events/ . Enough of me going off topic . I look forward to the POD's no matter what you end up using in them. I already know I will want one. |
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