Anyone considering their hosting option? Seems like a large amount of money to front coupled with the fact that you need to accept a 6 month contract...
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Any news since the last update, is knc still on schedule?
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Not sure where you're getting these numbers from but the hash rate will be much higher than that considering that 400 TH is only 1k jupiters, and knc probably has atleast 1k jupiters and 1k saturns on order and then some.
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In some cases the ones who have confidence when others do not are the ones rewarded.
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We need to see some capitulation before we see a bottom, but it may have begun in the last 24h as well...
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I'll take a gander at overpriced and waste of money...
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Knc just came out with a 1 chip 100GH/s model at $1995.
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I think knc is where they want to be right now slightly ahead of schedule for September deliveries. If I were the competition I would be worried seeing as how once they pump out these machines they begin working on more energy efficient models maybe even 22nm chips.
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With a solid selection of dedicated scrypt miners, Litecoin could grow so much stronger than it is today...
This is very ironic, as litecoin was supposed to be strong precisely because there weren't and will not be for a while scrypt dedicated miners. As with all things in life it is only a matter of time. I wouldn't be surprised if we see ASIC miners for scrypt down the road as the algorithm becomes older.
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148,800 issued shares 4,200 GH/s or 4,200,000 MH/s 0.05/share total Value per MHash/s is around 0.00177 BTC, is this correct? If this is mining today it can return an investment, but for October I don't think so. You can check the mining profit calculation per difficulty here http://btc.re/?t=miningcalcI believe the correct share price would be somewhere around .0056 per share going by knc costs atm.
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The most unfortunate part is that there are many pre-orders that may or may not be shipped by BFL and KNC. If all of those devices hit the market we could be looking at upwards of 500m difficulty ~3.3 petahashes. I wouldn't be surprised if many people don't believe this however once the market becomes saturated with ASICs only the most efficient will win the battle (hint knc/bitfury).
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Seeing as you can prob get an avalon at that price... yeah....
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I don't understand why people tie-up 3 bitcoins to get ~0.02 bitcoins per week. The smart people probably already sold their shares.
Which stock could gives this return in real world?? I will go for it....please tell me. Stocks in the real world don't carry this much risk coupled with the fact that large buyers/sellers cause massive slippage. Also, it won't be long until AM can't keep up with general network hashrate advances. We're most likely looking at 4-5 petahashes from all competitors by the end of the year (AM is only adding 200 TH/s).
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I would hope this is pretty obvious as he states in the contract... but many people are naive.
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The BTC came from various locations in US and HongKong. One of the IPs looks like a hijacked server (maybe used as proxy): http://yojimbo.wktel.com/ One other looks like a VPN-Provider ( http://boozepoint.com). Someone is trying to hide his ass here. IMO bad for bitcoin unless we can reveal the user as non-threatening for the network.
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I read the entire thread, and others, and I concluded that you are both Werner and Garr, and that you bid your auctions up with a puppet account.
Sad but true an unethical state of affairs...
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I would consider waiting as 1000W is a margin, and KNC may have power usage as low as 700-800 watts on the finished product. No point in buying something before it is necessary anyways...
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KNC seems cocky enough to deliver on time. If they do, there might be some chaos on ebay Chaos sounds like an understatement. Wouldn't be surprised if jupiters were going for 50k on ebay for the first few shipped.
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I like the chart it's nice to know someone actually knows how to graph exponential around here.
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