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guess what:
bfl emailed today that they shipped my 60Gh killer mining monster i had ordered in march and tried so refund in mai. an expensive radiator with built in mining gimmick.
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oh die 144 wurden kurz angetestet
die kommende preis explosion wird so gewaltig, dass der kurs jetzt schon "zittert"...  |
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guys chill all out. today something un - be - lieve - able happened. a real game changer ! hold your breath... t oday bfl send me an email telling my 60 Gh machine has is on its way towards me. it hit me like a hammer.  |
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started mit my jupiters 4 days ago on eligius. my miners have found 3 blocks so far.  eligius has paid me "everpaid" 26.46 "unpaid + everpaid" = 31.32 but: "maximum reward" 36.84will i get maximum reward ever ? why is the spread so large ? (it seems to be smaller with other pool members) does this further mean i would sit on 75 btc if i had mined alone and is this (bad) luck ? You are mining at about 3200 GH/s so if you were solo mining at the previous difficulty (it just went up) you would generate a block every 3 days. Now this is an estimate it may take you 5 days to solve a block and then 1 day for the next this refers to variance (or luck as some call it). So NO chances are you would not be sitting on 75 BTC more likely you would have solved one block by yourself and be sitting on 25 BTC but who knows the variance could work in your favor and you could have more. Latency becomes an issue when you solo mine and you have to make sure it is all set up correctly otherwise you could be working on old work and never solve a block(I hope I said that right). We (the pool) are all being served work and work served to someone else is work you don't have to do so I wouldn't look at it as you (your miner) solved three blocks but rather the pool did. Based on my math you should have about 33.6 BTC with 3200 GH/s for 4 days, so when you figure some variance (luck if you so desire) you are right where you should be. Pooled mining doesn't cut into your income (except for fees and there are none here) it cuts down on your variance, your income over a given period of time would be the same whether you are pool mining or solo mining. splendid answer, thank you ! |
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nice one, this guys list kicks ass!
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This is why we need color coins, we could sell tickets to the party for 1 bitcoin to be held till 1000 a btc... The tickets could even be an investment if you capped the number the tickets sold... so maybe at the time the party actually happens the tickets would be in high demand.. I think this is a great idea but we would need to sell at least 500 tickets to have a real party, one that gets international attention and raises the value/profile of Bitcoin itself.
Anyone want to launch the world's first IPO funded party? lol
lol, very interesting thought ! i am open for suggestions welcome david. |
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See you in Frankfurt soon Will be interesting to look at the new building of ECB - the prison for your money   we will have a stretch limo shuttle service to the construction site. kye (know your enemy)...  zeroday, i think you would have to give a little speech telling about your experience. exited to meet you. |
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I'll be there welcome molecular, welcome adamas i feel honored |
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started mit my jupiters 4 days ago on eligius. my miners have found 3 blocks so far. eligius has paid me "everpaid" 26.46 "unpaid + everpaid" = 31.32 but: "maximum reward" 36.84will i get maximum reward ever ? why is the spread so large ? (it seems to be smaller with other pool members) does this further mean i would sit on 75 btc if i had mined alone and is this (bad) luck ? |
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Is there any thread on class action against KnC? I think the things went so wrong that damages and losses will be significant. I think it's high time to hire some Swedish law firm to send KnC a letter. Are there any Swedish people here ?
well on hosting I assume you will be compensated..that too is my viewpoint..w/o such you may have a case.. on the shipping of units if they are correct say 1 week late..and they gave you 150gh more hash then you paid for...don't think your gonna get too far on that under that scenario no hate just my opinion Searing There has been not a word about the compensation for the hosted units in TandC. They however compensated them. What about the other customers ? I do not mind being compensated in hardware. sam has answered me in an email that there will be compensation for knc-hosted miners. there has been a compensation of 5 btc per jupiter already and there will be further compensation. |
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i forgot to buy some coins last week !  |
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of course nobody denies it
but bitcoin is just one of thousands altcoins.
why should I use bitcoin when I could use something else instead?
Banks could make their own cryptocoins, companies can make their own cryptocoins and we will have tens of thousands of cryptocoins....
Sure, create your own cryptocoin, the advantage is you can use it exclusively yourselves. You can make site as well with exact facebook functiality and you still have business worth nothing. Go figure... every coin needs users and merchants and goods and services which are traded. Bitcoin doesnot fully fulfill neither any of these condition. People only put money in it because of speculative expectatitons and only because 95% of users are holding and not selling the coin its value still growths. Bitcoin might be well known but you still cannot buy common goods and services with it and I doubt that it would be sometimes possible. Would you wait 2 hours for X confirmations when you want to buy an apple? And for merchants might be easier and cheaper to develop its own coin exactly according to their needs. why you here when btc is sheit? |
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tired of triple digits. |
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edit:
fucked up trying to quote
thanks for self critical analysis
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Currently, MtGox: $159.50. It would probably break through $200 by end of year.
why so pessimistic ? end of M O N T H who called it ?!!!!! |
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waiting for the NEW 140ies ! in EURO, baby ! |
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it took network 4 years to jump up to 1 peta. for the next peta it only took ... 4 weeks. good luck with your pre-orders.  |
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"Initial PicoStocks offering of this asset has been closed. We are waiting for the final processing of the sales contract between the offering party and PicoStocks. The trading on PicoStocks will resume imediately after contract signature. If the offering party fails to sign the sales contract or to send the signed documents to our IPO office within 2 weeks the funds will be returned to the investors. Current investors are listed below. " A bit worrying... panic refund modus alert |
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Yes, but we are talking about just a couple of weeks here. The only significant event related to bitcoin is KnC shipping in last two weeks. It is the simplest solution.
well not exactly. as any asic producer knc milked millions of $ from bitcoin people ready to invest in either miners or... bitcoin itself (!) between june and today. and i guess rather in the beginning of this period then at the end. |
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New 28nm asics are increasing total hashing power drastically, which drives the cost of mining up for old miners. New miners are not yet cashing in, old miners are selling at higher prices to pay for electricity. So the bubble will burst when new miners start to sell coins.
maybe other way around: knc has generated most of its possible turnover already, pre-sales of hashfast/cointerra had their peak already. no one sane is ordering 28mm currently. so, slowly the cash redirects towards direct purchase of btc = price goes up. which brings the others back into the game. eh.. what ? |
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