Same. Its killing me waiting with all this bitcoin drama lately. Glad the ICO will start before the August 1st dilemma.

My own view is contrary to yours...they will continue to kick them out like toasters...I mean they probably imho are NOT moving a lot of bitcoin miners to large data
halls and or users...not when LTC miners make so much more for the same shelf space

again I think they will kick them out to the point like toasters to be equiv to say 11 -14 month ROI like it was last jan/feb ...in other words about 100 bucks a month
after electric.

again, imho..they have to keep the bitmain plant going....generate cash for the sale/design of new asics and chips.they have employees and rent to pay on data halls

etc...

so again in my view they will run the L3+ miners into the dirt and such like they did the bitmain miners...you get one w/o a price pump in your coin of choice and you may

roi in 11-14 months...this will be by december in my view..if they front end this out like toasters this last 1/2 of the year

I think folk are gonna be shocked at the bitmain dump of equip on the 3 batches in July

again, hope I'm wrong..but it is what they do...more so it seems now that they have fully embraced a 2-3 month pre-order system

but man ...I got knc titans that are still hanging in there....I really, really hope I'm incorrect....my gut says NOPE ...all asic miners are evil ..they swamp the market...its what they do

I'm doubtful it's all, or even a majority of millenials who are riding the current boom, most of them didn't have the money to invest in mining or buy in 

Seriously though, Ether has utility, Bitcoin has utility (and is still a massive value store), NEITHER provide anonymity, and both have some serious issues to be concerned with.

That said there's PLENTY of booming projects that still have great promise in anonymity and freedom: Monero, ZEC, ZCL, ZEN, Zcoin, well really it seems just about anything starting with a Z. 

Blockchain is here to stay, companies and governments are going to use and abuse it, like they always have with any other technology they can benefit from.  That doesn't mean the benefits to those who value freedom and anonymity are destroyed, just don't put YOUR money in ETH and you'll be just fine.

I think Chaincoin is very undervalued under $.10cents it has a MN structure and it could be worth $1 or more once the developers upgrade the .12 DAsh protocol.

Right now you can get a MN for $80 but again it could go to 0 cents for all i know...

I think he wants more info, hence the question, AMD or Nvidia.......

http://imgur.com/a/IKgzl


amd or nvida?

I don't care how technically superior it is, I don't care if the price rocketed. ETH has always been a project funded by banks secretly to make a Bitcoin that the banks could live with i.e. Unlimited supply, ability to make tokens or currency out of thin air, derivatives, track everyones money etc.


Well now you fuckwits just got out of your debt slavery from college and now have put the biggest slavery noose around the worlds neck you utter morons.


Bitcoin was to set the world free, ETH is to enslave us. Just remember when your kids are suffering and pulled into wars and death you were the generation that sold them down the river for your handful of beans. Now you pushed it enough the mainstream fools are now buying it. slow hand clap. Well fucking done Millennials.

You'll be hoping in vain. This is peak Ether.

Huge portions of the coin supply have been taken off the market by ICO's. Ether is the only smart contract chain mature enough to host significant ICOs of meta tokens at the moment. When those two aspects go into reverse:

1. ICO's start liquidating their holdings in order to spend (or to preserve them when the market turns around)

2. Tezos, EOS, Rootstock, Ark...you name it blockchains that improve on Ethereum in all sorts of ways and provide cheaper platforms in many cases

...then lookout below. Hammer blow.

Yes I agree it's always happen in trading I will wait for low price before I would buy again. This price is not good time for me to enter.

I made a quick and dirty github project here:

https://github.com/edonkeycoin/gsbitcoinutils

Let me know if you have any problems with the script.

I just got a payout from ProHashing, so I looked at my ROI spreadsheet this morning. Currently my single L3+ from the May 5th batch is 42% ROI in Bitcoin terms and 99.5% ROI in dollar terms.

At the current difficulty (and not counting additional profitability from multi-pools), I'm about 80 days away from ROI in Bitcoin terms. That's the only number that's important to me. I always want my miners to produce more cryptocurrency than they cost.

On a semi-related note, I use Google Sheets to keep track of my mining and other Bitcoin investments because it provides a mechanism to automate the spreadsheets via simple scripting. My spreadsheets gather the received Bitcoin coming in to my mining addresses and include that revenue in the ROI calculation. Also, Google supports BTC to USD rate conversion. I had to add LTC, because they don't support it yet.

So when I check on ROI for my miners, pretty much all I have to do is open the spreadsheet in a browser and refresh it. Most of the time it works well. Every once in a while something gets "stuck" (probably some Google caching algorithm) and I have to make a meaningless edit in order to get it unstuck.

I have a forum post on this subject somewhere, but the scripts I used then are pretty old. If any one is interested, I'll start a GitHub project and post my latest scripts and instructions.

Nothing has catched fire. Just few other coins became much more profitable. Especially one who doesn't show up on minning calcs, but are minned with 2-3Thash/S

So looks like LTC1BTC's data center caught fire....over 2TH of hashrate has disappeared....

Contact maxumark on here he can set you up. (Or at least ask the guy directly at the data hall)

We both have our equip there. I'll try calling maxumark but pm details of your stuff to him etc also.

Anyone else in the same boat do the same  

Contact  maxumark via pm here

Cryptocurrency mining has hit the mainstream and everyone and their dog wants to build a rig and rake in the dollars.  This signals the beginning of the end.  The only reason mining continues to be profitable is the coin prices keep going up.  Take ethereum for example.  The difficulty has doubled over the last month due to the massive increase in miners but the profit hasn't gone down because the price has gone up even more.  When eth stops rising, there will still be more new miners coming online for a while and the difficulty will continue to rise resulting in a plummeting mining profit.

If eth stagnates for a while or even (heaven forbid) drops a lot, then mining will quickly become unprofitable for all but those with the cheapest electric.  Quickly you will see ebay full of people trying to sell their no longer profitable RX470/480/570/580 etc.  If I was thinking of buying a decent video card for gaming, I would wait till the end of the year as I'm sure I will be able to pick up a used RX570 for less than $50.

The same thing applies to all other cryptocurrencies.  They will only be profitable if their price keeps rising faster than the difficulty.  This is very unlikely to continue for long.  The best way to make money is directly investing in the coins themselves.  Either way, profit depends on increasing coin value.  But the difference is that unprofitable mining rigs will not be worth much as ebay will be bloated with used parts and resulting low prices.  Whereas coins will still have value long after their mining profitability drops into negative territory.

What will kill GPU mining profitability?  Easy, too many people jumping on the bandwagon.  That will kill it for sure for most.  I expect this to happen by the end of the year if not sooner.  GPU mining should be looked at more as a hobby than a way to get rich.  If you starting out now, the best you can realistically hope for is a break even ROI.  Maybe you will do better, maybe worse but forget about riches.  The lucky ones are those who were setup last year before it got so popular.  I wish I was one of them.

They have hit max capacity on circuits. They are building out another pod that will likely take months to light up.
As far as I know they are adding a tiny bit of temp capacity only for existing customers who had equipment enroute.