This is cool, but it isn't a CPU. It's for high speed data transfer
It is a high speed interconnect to connect CPUs to each other and other devices. F T F Me |
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This is cool, but it isn't a CPU. It's for high speed data transfer
It is a CPU... that's the high speed interconnect... think PCI-E on crack. |
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I would like one. I had to cancel my order (due to loss of employment). The first shipment was received within 3 days.
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Chargebacks don't protect the consumer, it protects the morons and the crooks. Back in the day when you had to pay with coins, cash or tade, people did their math before forking over the money to somebody. Another dent on darwinism. Let's keep the idiot's money safe! Learn how to secure your wealth and how to spend it, because if you don't somebody (the merchant) will have to pay for your sorry ass! Sorry I am getting all riled up here  +1 |
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just a guess here but when you limit supply demand goes up so in theory once the count
goes down to 25 price should increase possibly up to 2x the current amount.
then again the market can be a strange thing.
Except it is well known, so the market will price it in well before it actually happens. You won't see a "halving day" gap up. |
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There is nothing as far as I know to attach an identity to an address.
That's what labels are for. That doesn't mean they're gone, in fact it just means the recipient is live and well.
Most Bitcoin wallets pool all funds together, so the fact that your coins moved was probably due simply to the bitcoin software commingling the funds and using them in another transaction. If its a gambling site, it should still recognize your deposit in full.
+1, saved me some typing |
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Payment received. Thanks!
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PM from notme I'll do 4.5 BTC. If you agree, post in the thread and then I'll PM you the code. Payment address is 168hvem6DvbWHu4FxbftvTyZrU9NnBrUpf.
Code sent... awaiting payment. I told him I wouldn't be able to send it until 5 PM UTC, so I'm prepared to wait a few hours for payment. |
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1. i don't, but it's part of his campaign
2. this post was incredibly sarcastic and shouldn't be taken seriously at all
3. i just wish there was some way to restructure the global economy so that it's not just a giant pyramid scheme where the rich sit on top.
1. His campaign is much more focused on military and monetary issues. 2. Sarcasm is sarcastic. 3. Assasinations, but that takes heroes wiling to be killed as "traitors". |
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Why should I use bitcoins than? It was my idea to set up a large mining pool, and earn money with the fees.
As a merchant, you don't have to worry about credit card fraud (chargebacks) with bitcoin. As a customer, you don't have to give every merchant the info needed to spend all your money (or credit line) like you do with credit/debit cards. If mining was the only use for bitcoin, bitcoin wouldn't be anything. Mining (or "transaction processing") is just how it works, not what it is. Bitcoin allows you to send money nearly instantly to anywhere in the world, for less than a penny in fees (often free). Try doing that from your bank account without giving out details sufficient to drain it. |
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okay, i get you, but what kind of goods are you thinking of?
That's a decision for you to make. What are you into? not really something, and is it safe? but can't i make more money by setting up my own mining pool? Maybe, but how are you going to beat the plentiful competition, or p2pool for that matter (no fees, plus extra subsidy from donations)? As a new user, you should probably leave the network internals to the experienced professionals at least until you understand the market better. No matter what your business, do your research on competitors. There is no "easy money" here. If you want profit, you have to put in significant work. |
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I am surprised that as a legitimate offering, this would even be offered for sale.
If I were in a position where I thought I'd be able to have a head start on manufacturing ASICs that blew all other miners out of the water, I'd be highly motivated to just keep it all to myself as I pretty much dominated mining. I'd score 7200 BTC a day (with it halving soon, of course).
Or perhaps I could have my cake and eat it too. I could sell rigs for a healthy $30k, knowing that I alone had the upper hand in deciding how productive those rigs were going to be. If for every 10 rigs I made I ran nine and sold one, I'd effectively guarantee that all my customers were competing for 720 (360) BTC and nothing more. The customers I sold it to would have 10x the expectations - in the end, 9x of their expected yield I'd be keeping to myself with my supply of "unsold" rigs that I was running for, um, "extensive burn-in testing" before being sold. (What, you think I'd let them sit idle on a shelf in a warehouse?)
If this product results in centralization of mining, I bet there will be cries for Bitcoin to switch to a CPU-based algorithm!
What about the already existing network of approximately 10 Thash/s? And if they only have 25 units and they meet their expectations, they have 500 Ghash/s. Certainly a nice farm, but nothing that will "dominate mining". Just because they are more efficient doesn't automatically render existing miners unprofitable, especially considering miners that have already passed the break even point of their investment. I completely disregarded the 25 as I don't see it as any meaningful limit, and my argument would apply to anyone doing ASIC mining, not just these guys in particular. I assume that the only reason that they'd do 25 is for prototyping to keep the risk manageable in case there were any bugs to be worked out, and if everything works as planned, nothing's stopping them from making however many they want. Right.... if they have 25, the hard part is done. Now, it's just set up the machine and press go. |
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okay, i get you, but what kind of goods are you thinking of?
That's a decision for you to make. What are you into? |
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But if i buy goods, i only lose money, right?
You sell them for more than you bought them. This is called profit. It's why people buy and sell things they don't actually want to use directly. But you've got to pay the cost for shipping etc. and what kind of goods? What I'm trying to say is that you make money from bitcoins the same as you make money from dollars. You sell goods or services for more than they cost to produce or acquire. |
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1 Bitcoin would be $60T / 21M = ~$3 million ea.
All in favor say 'Aye'  aye! Oh, I thought transactions only went through when the blok went through. So you are saying that even when mining is almost impossible, you will still be able to run a rig and collect fees? Difficulty and the subsidy have no formal relationship. Subsidy will effect difficulty, but the subsidy halving doesn't increase the difficulty. If anything, it will decrease it. See: http://www.bitcoin.org/bitcoin.pdf if you aren't scared of Math. |
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One needs a heck of a swing in price to make some money using bitcoinica.
5-10% swings is ideal. Not to mention perfect timing. Otherwise this all seems pointless.
One would be better off not using leverage and getting a much tighter spread with
a lower cost of entry/exit.
Being able to profit in dollars from a downswing in addition to being able to pick up more bitcoins really adds balance to your perspective. |
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But if i buy goods, i only lose money, right?
You sell them for more than you bought them. This is called profit. It's why people buy and sell things they don't actually want to use directly. |
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They're not really "mining", you know I prefer "Transaction Processing". |
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