Ack!
Ick!
Necro Zombie Thread Ressurection!

 Heck with the barbie guns, give me an M60 so I can KILL IT DEAD!

 9-)

LONG term, adoption of Bitcoin.

 Short term, how the China market feels about it given the volumes and many or most of the BIG farms and MOST HARDWARE MANUFACTURERS are there.

We've already seen the peak for 2015.

 Holiday spending won't move Bitcoin price noticeably, as the merchants SELL it as fast as consumers BUY with it.

 Barring new significant news, Bitcoin should continue to drift down 'till a month or two before the halfing next year, and I still think we'll see $250 before we see $500.

I don't see this event itself having an impact.

 If Putkin is STUPID, err, POLITICALLY SUICIDAL enough to try to escalate it, THAT might have one.

 Russia was definitely stronger at the start of WW II, but had leadership issues due to Stalin's purges of the 1930s.
 Russia was probably stronger at the start of WW I, but had major internal dissention issues that made it's political will very weak, leading to it's surrender that was one of the immediate triggers for it's REVOLUTION shortly after that surrender.

 Today, it has a military with very poor training, a small amount of experience against very weak opponents, but has a rather large WMD arsenal that makes it potentially very dangerous.
 Even so, I don't think Putkin is stupid enough to piss off NATO to the point of starting a war - deliberately.

Clue.

 The retailers will be SELLING BITCOIN as fast as consumers spend it - this will KILL any "pump" from Black Friday in no time flat.

We've already seen the high for 2015, back during the peak of the spike.

 Downhill rest of the year and first part of next year, unless some MAJOR positive news event happens.

I'm about 50/50 on if Bitcoin will hit $500 during the "before the halfing" runup middle of next year. I actually think it will fall a little short at that peak, but won't be too shocked to see it go somewhat over.

 The only way it will hit $500 before then is some REALLY REALLY HUGE positive event from major news of some sort, but I don't think that's likely.

 As opposed to sensible countries like the US (spans 4 + alaska and hawaii) or Canada (spans 6.5 IIRC?) or the USSR (spans about 13) - though the adherence to Daylight Stupid Time is ALMOST as stupid as trying to keep a country as large as China on one standard timezone.


 China has long used a dragon as part of the symbolism for it's country, it's just not been OFFICIAL symbolism since Mao managed to kick Chang and followers off the mainland.

The only thing those 100 computers would do it eat 100 times as much electric and cost you 100 times as much LOSS.

 Bitcoin has not been mineable for even break-even by ANYTHING other than ASIC for several years now - and even older ASIC units are money-LOSERS now unless your electric is FREE.


 You might also want to learn how to type, or how to type in English, your broken wording hurts my brain....

Peak numbers mean NOTHING, there is a very large random luck variation inherent to Bitcoin mining.

 It's like saying "I can hit 27mph in a sprint when the wind gusts hard enough at my back, so I can run a Marathon in under an hour!"

Pretty much zero traction, since I never heard of it and I was active in the field that far back.

 Did it predate the 8008 or come later?

The main issue is that the chips from the S7 and Avalon 6 are going into miners that are still NEW - no way are BitMain or Avalon going to willingly undercut their own miner sales right now. Try again in a few months.

 SP50 may or may not actually exist, but Spondoolies seems to have decided to follow BitFury and KnC into the "big industrial sales only" market.

 B-Eleven (Lktec/BW.com) unit doesn't appear to exist yet, or is still just in prototype. Same situation as Bitmain/Avalon, too new to be willing to undercut their miner sales for a while.

 Innosilicon is a wild card, they've tended to sell chips starting close to or at the same time as their miners came out - but their next-gen chip appears to not be in full production yet.

 21etc - see Bitfury, "mass orders only" or buy their light bulbs, err, Bitcoin massively overpriced not-really-a-miner boxes.

 No clue what's going on with SFARDS, but their dual-mining chip is the worse of both worlds at current pricing and performance IF it's actually available for sale.


 Talk to Sidehack about the issues a WELL KNOWN DEVELOPER has had in trying to get anything current-gen for his small projects.

Anyone promoting that YESMINER scam is almost certainly a scam themselves.

Zeus was legitimate, but never made a 300MH scrypt miner - ALL of their miners were quite a bit lower than that - and they never achieved the efficiency level claimed for that
monster.

 The ONLY folks that even got close to 300MH on REAL EXISTING Scrypt hardware were the Alcheminer (and it's clones from places like MAT) at around 250MH, and the KnC Titan.

 So far.

 Innosilicon has announced they have even bigger miners in the works, but not available yet (and they're about the ONLY folks in the ASIC Cryptoming hardware business that never did preorders). From what they said in their posting, I'm guessing "a few months" before anything A4 based actually shows up for sale.

I'm pretty sure residential rates in Chelan and Douglass counties of Washington are the same as the commercial rate for small businesses - under 3c/KWH.
 As I recall they don't even HAVE seperate rates 'till you get to the 500,000 MWH/Month level or some such BIG industrial rate.
Grant county is close, under 5 but not quite 4.

 Commercial rate applies to ANY "business" location - shop, warehouse, industrial, pretty much anything that is NOT a residence, in areas that the difference matters.

 People don't live on forums. Give it a DAY or two to be reasonable.

Can't unionise when you're not an employee.

 What you want is much more like a consortium - but unless you get most or all of the big farms to buy into it, you have zero chance of success.

 *ROFLMAOSC*

 If anything, the halfing is MORE likely to kill off most "home mining" as the big farms can be a lot more efficient than most home miners, and generally are built in VERY VERY LOW electric rate areas.


bitcoin wisdom diff chart is currently estimateing a bit over 10% for the next jump, but it's early days yet and that could change a lot - up OR down, more likely up given Avalon 6 shipments AND S7 shipments.

 I suspect we won't see another diff drop 'till sometime AFTER the halfing.


 The "latest golden age of mining" was more of a silver age, and really ended last summer sometime, I'd say around the time the S7 first had it's price announced. The recent price spike wasn't enough to help folks that didn't ALREADY have miners in place.


 Might be a good time to go DASH mining for a while, since you can still do Dash profitable with a well-tuned NVidea Maxwell-based GPU rig....

Forgot the other important question.

 WHEN is it going to be available?

 I'd guess that might still be up in the air a bit though....

I had free power a couple of times - in apartments with "utilities included", but with VERY limited number of outlets and power available.
It's quite a bit more common in small offices, but STILL with limited outets and power available.

 S5 is now a generation old, majorly less efficient than either of the new miners commonly available - and I've not see it at $350 since the BTCC-inspired Bitcoin price spike. I've been giving serious consideration to selling mine off NOW when I can do so at a profit - not even factoring in the amount I've managed to mine with them - and putting the resulting coin into another investment I'm working with right now.