For the record, I agree 30 BTC is steep but 15-16 is just an insult when they go for $3k+ on eBay.

this will never ROI at 30 bitcoins - so those who bid that much would be doing so just because they are huge BFL fanboys

doog,

On the Stats page you have stats from the beginning of time. Can you also add the stats for the current day only? As an investor, I want to see 1) if the daily profit is tracking 1%, and 2) what the daily wager is. Maybe have an "All Daily Stats" in addition to the "All User Stats"?

I am confused by the cumulative profit of only 0.6%...but I think this is due to some scam that happened early in the site's history, am I right?

Thanks.

It seems like there's some confusion over this auction about when the bidding starts and ends.

Unfortunately I can't edit the OP to clarify.  It starts and ends at midnight UTC, at the end of Sunday.

UTC time can be seen here: http://www.timeanddate.com/worldclock/city.html?n=1440

So that's 5 pm Sunday Pacific, 8 pm Sunday Eastern, 1 am Monday UK time.

Until the clocks go back.  Then it all changes...  Since different countries adjust their clocks at different times, it seems to make sense to me to use UTC.  Just check with the link above.

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For every one of you, there's a growing number of people who have received product from bfl and seen that it works as promised at a price point that's lower than their competitors. Rhe good news for people ordering their new product is that, yes so many people have been dissuaded by their prior experience that they won't order, meaning new orders for this product won't face nearly as long of backlogs. Also amusing is when people cry out "don't order this from bfl, it'll never earn back its investment" then advocate another suppliers chips that cost even more per hash, meaning they're even more unlikely to order achieve break even.

I received my jalapeño order as promised and was very impressed by it. Ultimately sold it on eBay. But at the time I told myself I'd have no problem ordering from them again if I ever delved into mining. That still stands, if I were to order a miner, without doubt it would be from bfl. Asicminers offerings are far too expensive to be a winning proposition, Avalon seems to have the same shipping difficulties and most of the rest of the crew seems to be offering promises at this point, and nothing else. But I'll stay far away from mining. I see no incentive to participate in this arms race. It's doing nothing for us but forcing continual reinvestment just to stay at the same exact place. Really pointless. What I wish is that we (to include myself) were creative enough to start actual bitcoin business's, and earn revenue elsewhere in the economy. We aren't though. So we're all chasing after one mining and blowing an awful lot of money for nothing.

Lets come up with a coin that's for certain resistant to asics. Then there's no more of this gaming the system. You mine, you earn based on the number of CPUs you can devote to the activity. Maybe that'll force all of us to think of ways outside of mining to actually create an economy that outsiders want to participate in, rather than mining away pining for a mass adoption one day.


Overall, this thread is quite enlightening.

And kind of sad. We want the world to use our money, but we can't come up with any real uses save for trading it for dollars. And when people come and offer new mining equipment, and ask to only receive bitcoin for it, more and more people are crying foul, demanding they accept credit cards to prove they're not scamming. Seems ironic. How can we ask the world to want to use our currency when were not comfortable using it ourselves? True, it's because of a bad apple experience, but the worlds full of bad apples.

Many propose a break for what we have right now, but if anything, it seems to enforce people's needs and desires for things like contract law, reversibility of transactions and/or disputability of charges. It's not BFL. Im actually sypathetic to their plight. It's bitcoin itself that the pillars of the bitcoin economy are having issue with. Bfl's just a single company. And even if they never existed, someone else would be in theirs place, and people wanting to transact with them would be demanding these assurances.

Sorry, multi pronged post. Run on thoughts.

Yep, Waiting on Dooglus address, to send to.

if still possible: 0.6

Thanks for your updates on the thread and keeping the information relevant.

When will there be another pool to mine at for competition?

looks like price is dipping a bit, low demand, but I expect to see it start back up tomorrow ahead of the dividend this week.

There is a native linux build for jhprimeminer that does not require wine. (complied on opensuse) ..I saw it in the jhprimeminer thread somewhere. You can add that.