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5721  Bitcoin / Hardware / Re: [Work in progess] Burnins Avalon Chip to mining board service on: October 22, 2013, 10:28:23 AM
Does anyone know what it means when cgminer says this at start:
Code:
Idling 2 miners

I don't have the CAN-BUS cable so just have a BitBurner X and a BitBurner XX each on separate USB cables. I'm using these cgminer settings:

Code:
--avalon-options 115200:2:10:28:450 --bitburner-voltage 1334 --avalon-temp 30 --queue 4 -G

Does that look right for my setup? I seem to be getting pretty good rates.

Maybe the settings are too fast and too cold.
I´m running my Bitburners with this:

--avalon-options 115200:32:10:35:380 --avalon-auto  --queue 4 --bitburner-voltage 1285

With this settings the bitburners are running with 435 to 446 MHz, depending to the temperature. ( At the moment 445 MHz, 45°C)

They are running fine with a raspberry pi.  I used this tutorial:  https://bitcointalk.org/index.php?topic=233392.0

You should replace the 35 with d since you have to change that value everytime you change the MHz otherwise. And when changing the MHz you need to change the voltage too otherwise HW-errors are too high.
5722  Local / Deutsch (German) / Re: Bitcoin und die Umsatzsteuer on: October 21, 2013, 07:01:34 PM
Was ich mich frage ist ob die besondere globale und digitale Natur der Bitcoins nicht einen Ausweg bietet. Wenn man ein Auto hat dann kann man es nur im Inland verkaufen oder halt die Grenze passieren wo die USt dann halt an der Grenze behandelt wird. Aber Bitcoins sind anders. Als Privatperson hat man ja schon mal keine USt zu zahlen in entsprechenden Mengen. Und als Unternehmer bräuchte man nur in einem Land angemeldet sein wo es auch keine USt braucht. Es zählt doch der Ort der Leistungserbringung. Oder?

Und Mining? Braucht es für ein Einkommen nicht jemanden der einen bezahlt? Wer soll das bei Bitcoins sein? Alle? Einkommenssteuer ja, aber USt auf verkaufte Bitcoins? Dann verkauft man sie im Ausland oder oder oder.

Ich hab mir das jetzt nicht alles durchdachte. Nur die besonderen Eigenschaften von Bitcoins geben mir zu denken ob das da alles so zutrifft.
5723  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: October 20, 2013, 10:14:16 PM
I only say that its probably useless to push him the 1001st time. Why should he do it now?

Im not convinced yet that its not a scam. I think there is no sam for a not smart reason but the most important thing is if there is a own asic design working. Ill wait what he does with the TH... when he manages to bring a couple hundred TH online i believe there are asics. Before that i think it could be faked. And when he takes too long i think ill try to proof if there are chips or only KNC-Miners on my own. Since i dont like being told wrong things. So for now ill see what he does with the TH deployment.

I hear you but a time scale needs to be in place.  This was set weeks and weeks ago.

Once again, its not a big deal taking pics of the gear.  Then I'm happy that something real is happening.  Thus far NOTHING is real.

Allot of time was given and your asking us to give them more?

How possibly can someone NOT take a few pictures?  This will be good for everyone and the shares will start booming.

I'm sorry but I'm not dropping this and I need pictures.  This isn't going away.  Tomorrow I will start preparing to investigate.

I want the pictures too. I only think he wont give for some reason. I dont see a reason beside scam to be honest. But as long as he is bringing out TH ill wait a bit. But i wont wait another month without changes. Then i will hire someone that will take a look at whats going on. Depending on what he finds i will act.
5724  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: October 20, 2013, 09:49:58 PM
I only say that its probably useless to push him the 1001st time. Why should he do it now?

Im not convinced yet that its not a scam. I think there is no sam for a not smart reason but the most important thing is if there is a own asic design working. Ill wait what he does with the TH... when he manages to bring a couple hundred TH online i believe there are asics. Before that i think it could be faked. And when he takes too long i think ill try to proof if there are chips or only KNC-Miners on my own. Since i dont like being told wrong things. So for now ill see what he does with the TH deployment.

I don't see any possible way for it to grow to a couple hundred th any time soon.  From what he's said, he only has the current batch of 20,000 chips.

He had previously mentioned having ordered 100,000 additional chips, but has sense backed off from that claim.

When I asked him to clarify the chip order situation here, he deleted the question.



I really hope he didnt have the bitcoins sit around and doing nothing. And i really hope his foundry can deliver chips to him faster. The same goes for the assembler. Otherwise the shareprice will drop lower than cryptostocks can show. And im not sure i wont send someone checking out the truthlevel of this all.
5725  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: October 20, 2013, 09:32:08 PM
I only say that its probably useless to push him the 1001st time. Why should he do it now?

Im not convinced yet that its not a scam. I think there is no sam for a not smart reason but the most important thing is if there is a own asic design working. Ill wait what he does with the TH... when he manages to bring a couple hundred TH online i believe there are asics. Before that i think it could be faked. And when he takes too long i think ill try to proof if there are chips or only KNC-Miners on my own. Since i dont like being told wrong things. So for now ill see what he does with the TH deployment.
5726  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: October 20, 2013, 09:19:53 PM
Really guys... do you think it will bring anything to push the same questions post after post? If he dont want to verify till now he has a reason and he wont only because he now was pushed the 1001st time. I dont have a clue besides scam why he cant tell one of his subcontractors to make a photo of the miner. There simply is no reason he cant do it. There might be a reason that he cant verify himself as Sam. I think he stupidly decided he could protect himself by inventing sam.

Anyway... there is NO reason that he now will provide photos or identity proof when he didnt the last 1000 times he was asked to do it.
5727  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: October 20, 2013, 08:05:33 PM
I wonder how many asic owning companies will survive. I guess they will ordere more asics than the network can eat and still remain profitable. So some will die i think.
5728  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 20, 2013, 02:16:36 PM
Its fair when he wanted to lower the price since he did not think that it should be that high. On the other hand he probably KNEW that this price is too high. Since nobody than he knew that before. I bought after this 0.3BTC bidwall. I only learned about 100TH later. And i bought simply because i saw that the mine was built up at the moment. And of course i thought it will be built to 200th at least. But while i had to guess he knew that it wont.
He earned more with selling the shares than he could have gotten with its shares mining and now he could buy them back for cheap if he wanted.
So no, it doesnt look to me like a good deed.

Two things are to be taken into account though:

1. The first time he put up an ask wall other stockholders flamed him for "undercutting" the market. he made a profit selling this shares, yes. but it was the market that went crazy and without his ask walls the share prices would have skyrocketed even more.

2. Tytus always stated that it would be a 100TH mine with 200MH per share. Nothing more, nothing less. It says so in the first post of this thread, for heaven's sake. Also with a little research one could have easily found out that Metabank was in about the same timeline as the 100TH project, using the same hardware, using about the same pricing per GH as 100TH's IPO price. Which could have given a rough idea of how to price 100TH shares. (it seems like Metabank miners never made it out of Russia though)

I never saw that 0.3BTC-wall since i found 100TH later than that. So it doesnt matter much to me since the market found its own price when i came.

My information was that it will be a 200TH-Mine. I saw the shareprice and i saw that the first TH are actually deployed. I didnt calculate, thats true. But i assumed that this shareprice at the start of deploying would mean for sure that the shareprice will be even higher when its not only a couple of Terrahash anymore but the full 200TH. I was wrong since deployment stopped not even halfway. I hold the shares in the hope they would move on fast till the 200TH. But nothing happened. Stupid me only watched the shareprice going down from them. Until i was sure nothing will happen anymore and the shareprice will never reach the high price. Yes, my stupidity to think they will deploy 200TH in full and my stupidity not to calculate but only to trust that the shareprice will rise when deployment goes on.

The worst thing in this security for me is that there could have been 200TH. But this hashpower was sold. And only a couple of shareholders got revenue from these sales. So i was a shareholder of second class that neither got anything from the sales nor did i get the 200TH because some first class shareholders sold the TH for their own profit.

I admit that i made errors but i dont really dont like how this was done.
5729  Bitcoin / Hardware / Re: [Work in progess] Burnins Avalon Chip to mining board service on: October 20, 2013, 02:02:20 PM
Got my Biturners XX on Friday noon (with chips from SebstianJu's batch) and played around with the settings since then.
Running them now stable at 372 MHz (7.69 GHash/s per unit) with less than 0.05% HW errors. Great piece of work, burnin!

Why not at 450MHz? With voltage 1334mV and target temp of 30°C its possible...
5730  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 19, 2013, 07:16:56 PM
Those 'many investors' were speculants and are now burnt in their greediness.

The result of a combination of bad luck and bad assessment, since prices have even been far higher afterwards and buying in at 0.3 could have given a nice ROI.

Greediness? I invested because they started to deploy. There was no mentioning that they only deploy a couple of TH. Yes, it was stupid but it would have worked out if they really would have deployed the full TH. Greediness... right... thats an investment. If your invested then your not a bit less greedy.

tytus put the ask at 0.3B per shares because he lack of money to run the 100TH,how you can say those who buy the shares at 0.3B
 are Greediness,i do not think so!!

At the time tytus put an ask at 0.3BTC people complained because it limited the rise of the share price (which later nearly hit an historical high of 0.5BTC). He could have asked for more but stated (or one of the other 100TH people, I don't remember exactly but you should find out in this thread) that the price was rising too fast and he wanted to limit its rise.
He was convinced to remove his wall at 0.3BTC by people in this thread so that the price could rise again.

Funny how people complain now that he sold at a price too high.

Its fair when he wanted to lower the price since he did not think that it should be that high. On the other hand he probably KNEW that this price is too high. Since nobody than he knew that before. I bought after this 0.3BTC bidwall. I only learned about 100TH later. And i bought simply because i saw that the mine was built up at the moment. And of course i thought it will be built to 200th at least. But while i had to guess he knew that it wont.
He earned more with selling the shares than he could have gotten with its shares mining and now he could buy them back for cheap if he wanted.
So no, it doesnt look to me like a good deed.
5731  Local / Deutsch (German) / Re: Argumente gegen Bitcoinkritik. Was denkt ihr darüber? on: October 19, 2013, 07:09:48 PM
Stimmt. Indien hat die saubersten Geldscheine obwohl die so versifft aussehen. Die sind wohl eher aus pflanzlichen Bestandteilen und unsere aus Plastik. Und auf letzterem sollen sich die Bakterien besser ansiedeln. Leuchtet mir zwar nicht ein aber die haben das so gemessen.
5732  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 19, 2013, 12:10:05 PM
Those 'many investors' were speculants and are now burnt in their greediness.

The result of a combination of bad luck and bad assessment, since prices have even been far higher afterwards and buying in at 0.3 could have given a nice ROI.

Greediness? I invested because they started to deploy. There was no mentioning that they only deploy a couple of TH. Yes, it was stupid but it would have worked out if they really would have deployed the full TH. Greediness... right... thats an investment. If your invested then your not a bit less greedy.
5733  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 18, 2013, 10:14:49 PM
they are counting bitcoin by selling hardware.not interst in reinvestment,maybe put the hashrate to 200TH first.

I guess when hardware sales stagnates, they will think over reinvestment

Why? They only promised 200TH. They now own an Asic design and bitcoins. They can now build their own mining farm like they already sell hardware in their own pockets only. They never mentioned that they will go beyond 200th even after many requests. And when they would have wanted to do so then it would have been wiser to say so from the start to attract more investors.

They will reinvest. But without sharing the profits. They never said they will.

You can see from picostocks that only under 10% of the shares are owned by "outsiders". Making good on the investors wouldn't cost them much and would gain them a lot of reputation. Reputation could be useful if they really want to promote their exchange and now would be a good time to take a big share of the bitcoin security market because almost all competition is out of the game.

10%? You mean 90% belongs to the issuer? Why was an IPO needed then? Or did they do buy back most of the ipo'ed shares?

The IPOs idea was to promote the picostocks exchange, they wouldn't have needed any outside investors on the project. No one knows what is going to happen to the project yet, but especially in this market situation where they could grasp a big share of the bitcoin security market it would be strange if they chose not to increase their reputation by compensating the investors somehow. It certainly wouldn't cost them too much.

All the 5 digit investors are insiders and some of the lesser share owner accounts too.

So the ipo was only a gimmick and not needed. That makes the workflow look way worse moral to me. They could have built their own asic anyway and build their own farm.

I guess if the crying goes on that they might say that they will deploy nor 300 or even 400th. But i think that will it be then.

But... you wrote the little bit of shares that were ipo'ed are normal shares since the big rest is of the original shareholders. Then it doesnt make sense to me what happens with the revenue from miner sales. I mean the revenue should go to the initial investors and those have shares. But if only those get the revenue from miner sales it would mean there are two classes of investors owning the same shares but with different rights. Doesnt make sense to me yet when the initial investors really hold 90% of all shares from the start on.
5734  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 18, 2013, 10:02:47 PM
they are counting bitcoin by selling hardware.not interst in reinvestment,maybe put the hashrate to 200TH first.

I guess when hardware sales stagnates, they will think over reinvestment

Why? They only promised 200TH. They now own an Asic design and bitcoins. They can now build their own mining farm like they already sell hardware in their own pockets only. They never mentioned that they will go beyond 200th even after many requests. And when they would have wanted to do so then it would have been wiser to say so from the start to attract more investors.

They will reinvest. But without sharing the profits. They never said they will.

You can see from picostocks that only under 10% of the shares are owned by "outsiders". Making good on the investors wouldn't cost them much and would gain them a lot of reputation. Reputation could be useful if they really want to promote their exchange and now would be a good time to take a big share of the bitcoin security market because almost all competition is out of the game.

10%? You mean 90% belongs to the issuer? Why was an IPO needed then? Or did they do buy back most of the ipo'ed shares?
5735  Economy / Securities / Re: [CRYPTOSTOCKS] Labcoin Official Thread - Self-Moderated on: October 18, 2013, 08:25:26 PM
Sam,
where is this hardware located..?
is it in Hong Kong or Shenzhen..?

The latter.


Isnt that where friedcat is having his farm? Looks like this city is the ASIC-Mekka...
5736  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 18, 2013, 07:36:45 PM
they are counting bitcoin by selling hardware.not interst in reinvestment,maybe put the hashrate to 200TH first.

I guess when hardware sales stagnates, they will think over reinvestment

Why? They only promised 200TH. They now own an Asic design and bitcoins. They can now build their own mining farm like they already sell hardware in their own pockets only. They never mentioned that they will go beyond 200th even after many requests. And when they would have wanted to do so then it would have been wiser to say so from the start to attract more investors.

They will reinvest. But without sharing the profits. They never said they will.
5737  Bitcoin / Group buys / Re: [Group Buy] Avalon ASIC Chips (SebastianJu) Batch 6 ordered (Closed) on: October 18, 2013, 07:10:52 PM
So now they are selling 10K chips for 100 btc. I don't even know how to feel now.

That looks like a pricedrop of 87% (from 782.1 to 102.1BTC) though in reality its only a pricedrop of 49% (1564.2 to 804.2BTC)

I only made a milkmaid-calculation since the assembly is around the price of the chips on top again. So i calculated. If yifu would sell complete miners with that discount it would mean more. But so it means nothing at all.
5738  Alternate cryptocurrencies / Altcoin Discussion / Re: ripple: let's test it! on: October 18, 2013, 07:01:21 PM
There is no exchange for i0coin's or groupcoins. Thats why i thought ripple could trade this since anything can be traded there. But so it looks like its not possible for me now. I dont know anyone that wants to buy them and if i knew i wouldnt need ripple.
5739  Economy / Securities / Re: [PicoStocks] 100TH/s bitcoin mine [100th] on: October 17, 2013, 11:34:06 PM
... IPO investors and bought at 0.04 BTC. They may hope to get total mining dividends of 0.05 BTC, therefore realizing a tiny return of 0.01 BTC per share.


25% in a year ain't bad. If...

...reinvestment and keeping of a certain network-percent.
5740  Local / Biete / Re: [Gruppenkauf] Avalon ASIC Chips (SebastianJu) Batch 6 bestellt (geschlossen) on: October 17, 2013, 06:35:25 PM
Vielen Dank für eure Tips. Ich hatte auch schon mehrfach versucht zu überbrücken. Ich habe da so einen Adapter, habe es danach aber auch mit einer Büroklammer probiert. Beide Male tat sich nichts. Auch mit einem 12V Netzteil (3A) von einem externen Bluraylaufwerk  tat sich leider nichts. Ich probiere gerne noch weitere Möglichkeiten der Stromversorgung und ich recherchiere gerade auch noch danach, aber ich bin da skeptisch, wenn schon die anderen beiden Methoden nicht funktionieren.

Ein weitere bitburner zum testen ist nicht da? Wenn sich da wirklich gar nichts tut und am board wirklich 12 v anliegen (kann man ja messen) dann bleibt ja nur noch dass der bitburner irgendwie beschädigt wurde. Sieht man da gar nichts? Weil wenn die getestet wurden sollten sie funktionieren. Da müsste dann ja eigentlich eine mechanische Beschädigung vorliegen.
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