Made it like a foot pad and put it inside your shoe. Normally people won't even touch it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I don't suggest this. If your like me at certain points family goes through some old clothes/shoes and donate it. If you have a family they might end in a donation like this. An if your talking about the shoes your wearing not old pair that will be a pain to. Imagine each time you used a different shoe having to move the paper. And the worst thing is when your shoes no security like a safe or something good for security. Home safe or bank deposit box really are one of the best options just a pain. So use it for the large amounts. As we are not really talking about hot wallet spending money.
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I've noticed recently that mining profits in Bitcoin have gone down. They are still the same in USD, if not more, but slightly lower on a BTC basis. I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin. If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections? I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it. Thanks!
It is not easy to predict 6 month's away. In mining time this is a LONG LONG time. We try to predict it weekly and even then there are surprises. With difficulty it will go down in 6 months. But how much no one can say for sure. If we knew there would not be speculation. If difficulty goes down does that mean miners make more rewards per day day per TH? What is the correlation that miners need to worry about with difficulty? Thanks! those that will not follow with the new chips that are more efficient are bound to drop the game, otherwise nothing will change, there will be more diff right, but this because there will be more efficiency too those two parameters will remain constant Also we are looking at some miners that are ROI point after having. This is a huge difference. No matter how long we speculate no knows what it will happen. I am a miner and always will be just a lot of "if's" that you cannot predict months away.
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search for Joystream.
I just learned about Joystream... I downloaded it, but not quite sure how I can download stuff to joystream to start seeding my downloads? I NEVER thought this would make it to a level past beta. I have to admit I was wrong. I thought to many illegal torrents in the world to make it where they don't get sued. That is a good question though what torrent is anyone seeding and actually making money? I just don't see torrent down loaders paying for this I guess.
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I think this is better left to 3rd parties that specialize in it. It just would be a lot of work to get it going initially and the tracking, etc.
You could make a picture of a button that links to the 3rd party site. So essentially you could have a buy it now button now if you wanted using things already out there.
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We don't know what happened. Since engineers are involved, it must be something other that 4.6/4.86 issue. I planned to order another unit, but now might wait despite having a coupon that will expire soon. I could never figure out what 10-12 00:00:00 means (Shanghai?, UTC?). If Shanghai, then it is already 1:29pm Oct 11 there now, so only ~10.5 hours left (until 10am eastern US).
Yeah, like OP ^^^ said, i can also sell you a coupon if you want it.
They turn a different color and say something like expired or something when over. So if not that likely still can be used. But I'm not sure what time coupon's are linked to either. Maybe we can hope this is a temp solution and they did not want two coupons going at once that are decent (i'm not sure on that though can you use 2 coupons on one order if they are different? I just have only had 1 at most). That is only shread of hope I can think of giving people. But it's a very small chance it happens though after announcement.
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Pointed 2 twords pool again. Had network issue with new router. Running 2 routers at the moment so a bit more complex then needed.
But I should be back up again. I need to install something to remote into my RPI it is a pain to find out it's down after looking at web page. I wish they had teamviewer but looks like other options.
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I touched a power brick and U3 start beeeping ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) And goes to zombie, so i assume after 58 hours test failed. Looks like psu failure, now it much cooler then before, hmmm maybe i think i must solder pci-e connector. There is a rumor that they work better off of a pcie to u3 adapter. I had never tried it but always wondered if it was true. Maybe it really is. 58 Hours was still pretty dang good. I haven't seen them run better powering from pcie (no improvement in hash rate or any fewer zombies), they still zombie when they feel like it and for no reason at all. Only real advantage I do see using pcie so far, it's less of a fire hazard from not using the cheap bricks. Dang I know some have had it helped possibly in thread if you go through it (it's kinda long at this point). But I think you are right it was not proven. That is why I refered to it as rumor. But going from cheap brick to PSU I think would be a good move, if it prevents zombie someone really would need to do some tests which I don't think anyone has done. That's another problem with the U3, what works for 1 person will not work for another, even if it's the same setup. The more I play with the U3's, the more I'm thinking that the chips didn't pass a QC check of some kind to be put in the (at the time) "newest, greatest miner" the S3 and they came up with the ideal to put "seconds" (not up to par chips) in the U3's, kind of like cloths manufacturers selling shirts with one sleeve longer than the other to "bargain stores" to recoup some money, instead of eating the cost of the "not up to par" chips. One of the biggest things is V1 or V2. They are very very different on design. From all I read the nice looking top is like a death trap. I have V2's which it's kinda like a guard to keep hand from touching parts and leaves it pretty dang open.
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Heh, good luck ever getting this "compensation". It took me 6 months of fighting tooth and nail to get my promised batch 1 S4 PSU failure compensation. In the end, it wasn't even bitmain who compensated me, it was Yoshi who did paying me directly out of his own pocket. Really sad stuff. Bitmain totally reneged on their promise. I guarantee most of us won't see any comps, not that they're even worth fighting for. I wish bitmain would just go back to be the honorable and reputable company they once were. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Hopefully (very unlikely, unfortunately) this is only a speed bump. Yoshi is a great guy. He and his team are great to deal with. I truly wish the company was a little more on his level with customers. I still remember a conference where S3 was new and Yoshi took a decent amount of time to talk specs, and talk S3 mining with me. He made it very enjoyable. I vote to promote Yoshi in the company to running more then some of the support. He knows how to treat customers.
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Dear loyal customers,
We're sorry to inform you that we didn't make the shipment of some orders today as promised. When we did the last spot check, we found some issues which cannot be delivered to you directly, engineers are working on it now and shipment should be arranged before end of next week.
Due to this trouble, we'd like to offer you the compensation following 97.5%*PPS payment according to the total hash rate of miners in order, starting from Oct. 11 Hong Kong Time, till the real shipping out date(which is not included), with electricity cost deducted at the price of $0.098/KWH.
The accounting unit is Bitcoin in the calculating, while USD is considered as a foreign currency. The day to day exchange rate will be get from Bitstamp daily average.
The final payment will be after we have collected your payment address, and we will inform you the way to confirm your receiving address with us.
After collect all the necessary info, we'll process the refund by batches, please wait for update patiently.
Thank you very much for an update, it is very much appreciated. What about the difference between B1 and the others, will anything be done to accommodate the pricing differences? Ufo Sounds like no coupons. Wow I guessed wrong complexity on this. Never guessed they would do PPS on day's till ship that is a new way for BM for sure. I am pretty shocked right now. Not sure about everyone else on this. Hmm well thats interesting. I didn't expect lost miner time income compensation. Id complain about the 0.1$/kWh but then again at current difficulty and the efficiency of the S7, that won't amount in too much. I'm guessing they stopped shipping because they had so many bad units. I think you are reading something into this wrong. I think it was that they did not have the unit's. They shipped under spec one's they just sent emails asking if it was ok for X compensation. So they did ship those out to they did not only ship grade A out. It likely was they did not have them, or out of chips or something holding up the process. And the process went to a stand still for the holiday.
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They would not have a need to get caught up had they communicated with us prior to going on vacation. It would shock me to see companies I do business with to go on vacation knowing they had a major issue and would not be shipping product on time. There are very few industries where this would resemble anything close to acceptable, and when you are talking about a box which literally makes currency it certainly is not acceptable.
If they had communicated there would not be as many posts or threads. snip
I agree overall after reading compensation for S7 batch 1. It was suprising to say the least. I was expecting 100+ on coupons and they did not choose this route. This is not to do with the customer service but the break. I fell like it's a different culture on the holiday they truly meant it as a holiday giving employees the day's off. Which would normally work fine. But the time the holiday was during was pretty awful luck on timing. Could not have been much worse.
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So today I spent a bit more time with a multi-chip board, a PCB I had worked up a while back but never actually got around to testing. Only problem with it is the topology isn't quite right so I'm having to jumper a few things, but I want it working to test some node-level stuff I'll need to know before I can work up a pod miner. Right now I have two chips on there, but the second chip doesn't initialize reliably. I wasn't sure if that was hardware or software so I grabbed an old two-chip test board and fired it up (UART adapter to stock cgminer) and it lit up both chips from the get-go so it must be a hardware issue. I hope to work on it more tomorrow, get at least four chips to light up which should tell me pretty much everything I need to know for the 8-chip layout I have planned. Maybe when it's working I'll put up some pictures. The fun thing about using cgminer is apparently U3 code shares out work differently than these chips require because, while I can get it to initialize two chips off the U3 driver, the second chip returns the same shares as the first so while I see two chips' hashrate I only see one chip's WU and multiple errors per second because cgminer labeles duplicates as errors. The pod survey is still open over here, where I'm looking at community/customer interest in a BM1384-based pod miner. Like the Compac, this will basically be considered a dev step that becomes a full product; it'll include all of the controls we'd put on a larger board and give a bit more data on topology and efficiency without having to build a whole big board. I think the survey results no matter what is take our money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Only thing I hope with pods is possibly a limit of 1 per person at start. I really want a chance of getting one and know it will be a limited amount. But I am still willing to pre-order once you do decide to sale. And I think a lot of others will to once you decide to start selling. But I respect your decision on whatever you decide.
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After halving though those prices are high. Although I guess limited edition miner at this point so probley can charge what ever you want. But really at halving they should have dropped at least 1/4 if not closer to 1/2 on price. Unless it comes with the LTC it's minded since the day you got it. Which would be a interesting sale.
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Dear loyal customers,
We're sorry to inform you that we didn't make the shipment of some orders today as promised. When we did the last spot check, we found some issues which cannot be delivered to you directly, engineers are working on it now and shipment should be arranged before end of next week.
Due to this trouble, we'd like to offer you the compensation following 97.5%*PPS payment according to the total hash rate of miners in order, starting from Oct. 11 Hong Kong Time, till the real shipping out date(which is not included), with electricity cost deducted at the price of $0.098/KWH.
The accounting unit is Bitcoin in the calculating, while USD is considered as a foreign currency. The day to day exchange rate will be get from Bitstamp daily average.
The final payment will be after we have collected your payment address, and we will inform you the way to confirm your receiving address with us.
After collect all the necessary info, we'll process the refund by batches, please wait for update patiently.
Thank you very much for an update, it is very much appreciated. What about the difference between B1 and the others, will anything be done to accommodate the pricing differences? Ufo Sounds like no coupons. Wow I guessed wrong complexity on this. Never guessed they would do PPS on day's till ship that is a new way for BM for sure. I am pretty shocked right now. Not sure about everyone else on this.
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I've noticed recently that mining profits in Bitcoin have gone down. They are still the same in USD, if not more, but slightly lower on a BTC basis. I'm curious what people think will happen to mining profits over the next six months taking into account all of the fundamental developments affecting Bitcoin. If someone is making 1 BTC a month today with their hash rate what do you think it will be in six months based on your projections? I know there are a lot of variables and this is a tough question to answer but I'm still interested to see if anyone is willing to take a shot at it. Thanks!
It is not easy to predict 6 month's away. In mining time this is a LONG LONG time. We try to predict it weekly and even then there are surprises. With difficulty it will go down in 6 months. But how much no one can say for sure. If we knew there would not be speculation.
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647 blocks left so 4 or 5 days there is time to drift up from -0.50 to +1.00 but I don't see us going past +1 or + 2 . Todays small jump up was very likely the s-7 going online with hashnest. they sold 1000 pieces of s-7 this is 4.8ph which is 1% which is the jump we did.
Sounds like pretty much the perfect week. Would really love a negative difficulty its been to long. Also price around 245 so price has done a good job of not falling back in 230's this period. Which is awesome.
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Hey Macro PM sent. Thanks for your time.
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Got it. That's excellent information. So Coinbase isn't what I want. I'll research alternatives. Anyone using Darkwallet? I realize it too is quite risky at it's present stage, but just curious if anyone has experience with it.
OK, I'm going to back up a little. As suggested by kpitti, I'll stick with one question/topic at a time. Seems like a reasonable approach.
I have been using Coinbase since it seemed to be the easiest to use for people like myself, but I really don't feel secure with it - or any other exchange bc I don't understand the technology. I thought I was correct in trusting that my bitcoins were totally secure on a paper wallet, barring my losing it or letting someone get ahold of it or my key. But I'm not sure about that. For example, if Coinbase goes the way of Mt. Gox (some people lost everything gox was holding for them, right?), are my bitcoins lost to me for good? Or is the paper wallet (or equivalent, i.e. usb storage etc.) proof of my btc on the blockchain itself and therefore title to those bitcoins? I apologize if my understanding of all this is totally erroneous!
ps - I'm in the middle of Digital Gold right now, trying to get some sense of the evolution and terminology...
With coinbase, your bitcoin are not necessarily safe. Coinbase has control of your private keys, which means that they can also spend your Bitcoin. If they should scam, or be hacked, someone could spend your bitcoin for you and you would lose all of it. However, if you use a desktop wallet (or any wallet that is not a web wallet), then a paper wallet backup will be safe. Coinbase is insured for insider job and outside hacking. So just telling someone their BTC is at high risk at Coinbase is inappropriate. It cannot be as secure as a proper solo offline setup. But the second you decide to trust a 3rd party, Coinbase is probably the best; "Coinbase is insured against theft and hacking in an amount that exceeds the average value of bitcoin we hold in online storage at any given time. The insurance covers losses due to breaches in physical or cyber security, accidental loss, and employee theft. It doesn’t cover bitcoin lost or stolen as a result of an individual user’s negligence to maintain secure control over their login credentials." It is a good online wallet. But what it's fair to say it does not cover personal compromise. For example just your account get's hacked from phising or something and you lose coins. Since it was something you did and not others it is not covered. So there is possibility to still lose coins. Yes cold storage is still much better overall if done right.
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Mining BURST is one method. You only need HDD to mine BURST, no expensive ASIC is needed. Then turn back your profits into Bitcoin = profit! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) No. There is still another way than mining. Like trying faucet or signature campaign here. Beside that, i think it's still not profitable mining with HDD. I would rather choose to store my file on HDD rather than use it for mining. I did some calculators and BURST seemed very low it was a matter of dollars for like 2T a month. Unless my the calculators are off it is not very profitable. Please share some ROI math or even profit math on how HD mining with burst is profitable.
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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℃ ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.itop-corp.com%2Fasset%2Ffile%2Fimage%2F20151010%2F20151010211943_54447.jpg&t=665&c=ZEZUZzJUema14Q) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.itop-corp.com%2Fasset%2Ffile%2Fimage%2F20151010%2F20151010212004_58995.jpg&t=665&c=eGdfp2LH1pC65w) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.itop-corp.com%2Fasset%2Ffile%2Fimage%2F20151010%2F20151010212017_73941.jpg&t=665&c=BCdTSOpa-lrxnw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.itop-corp.com%2Fasset%2Ffile%2Fimage%2F20151010%2F20151010212028_25606.jpg&t=665&c=WW8ax7ZD15t4Lw) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.itop-corp.com%2Fasset%2Ffile%2Fimage%2F20151010%2F20151010212040_68352.jpg&t=665&c=hAe59lRCu-cUFw) LKETC has as long history with it's dragon's (or A1's by technical name). They have been a big producer in the past. They partner with Innosilicon on chips. Only thing is they announced kinda early and now did a reminder. As far as timeline it's more to do with Innosilicon. Once they get chips going no doubt LKETC will be partners again. But when that will be is the question.
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I touched a power brick and U3 start beeeping ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) And goes to zombie, so i assume after 58 hours test failed. Looks like psu failure, now it much cooler then before, hmmm maybe i think i must solder pci-e connector. There is a rumor that they work better off of a pcie to u3 adapter. I had never tried it but always wondered if it was true. Maybe it really is. 58 Hours was still pretty dang good. I haven't seen them run better powering from pcie (no improvement in hash rate or any fewer zombies), they still zombie when they feel like it and for no reason at all. Only real advantage I do see using pcie so far, it's less of a fire hazard from not using the cheap bricks. Dang I know some have had it helped possibly in thread if you go through it (it's kinda long at this point). But I think you are right it was not proven. That is why I refered to it as rumor. But going from cheap brick to PSU I think would be a good move, if it prevents zombie someone really would need to do some tests which I don't think anyone has done.
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