To clarify, I'm going to sell COMPLETED units to people when I get them made. I have ordered 592 chips in a group buy and am using them to buy and sell completed, ready to use, boards.
If they are anywhere around the $50 / 0.5BTC mark, I predict your entire batch of 592 chips will be gone in seconds. Which is exactly why the price needs to be higher. Let's see what the difficulty is when these are available. I think that'll influence the price a bit. |
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OMG .Fools and their money! When this was announced difficultly was under 10m and network hashrate under 80t/h. Now you've got them it's 12m (+20%) and network hashrate is 100t/h+ . In under 3 days difficulty will hit 14.4m. So thats a 44% increase in diffuclty in 5 weeks, around the 30% + a month I predicted.
All of this is true, but these people are helping secure the bitcoin network by adding to the network hashrate. We should be encouraging this kind of behavior  This is a common fallacy in bitcoin propaganda. There is no secure bonus with higher hashrates. The network keeps secure by an adequate balance of difficulty and hashrate. And this balance is guaranteed by the algorithm, not the miners. Disagree. 51% becomes more and more difficult the more hashrate + higher distribution. The safety factor is in high hash rate + high rate of decentralization. So when an individual plugs in 300 MH/s, they are raising the hashrate and decentralizing the network a little. This is not a common fallacy, it's common knowledge. |
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hey all chiming in...
when we pay the 1.025 fee that is on the sheet?
also are most of us sending chips to ryepdx? "with 480 coming from ragingazn's order " was on his thread
What are some good options? ryepdx, steamboat (will he allow ragin chips?), burnin... I have 51 chips... I figure 2 K16s and some K1s. I'm also curious who people are planning to use for assembly. I've got chips here and in steamboat's batch 3. I'm leaning towards steamboat's assembly; his operation appears well handled, and he's on batch 5 right now which makes me think he'll be getting a great price for assembly. Other people's plans? |
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3.2 is having issues for all of us.
Good!  With 3.1.1 "-S all" [2013-06-04 08:25:02] Started cgminer 3.1.1
[2013-06-04 08:25:02] Started cgminer 3.1.1
[2013-06-04 08:25:03] Icarus Detect: Failed to open all
[2013-06-04 08:25:03] Need to specify at least one pool server.
Input server details.
URL:
 I was under the impression that -S all was for 3.2, but since it's not working, you need to specify each com. For linux it's -S /dev/ttyUSB0 -S /dev/ttyUSB1 etc... There's a windows version somewhere in this thread. |
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site back up but miners not showing as currently mining (for 40 mins ) even though they are.
I have the same issue, my last share is 40 minutes ago but all my machines are mining and submitting shares echoing. same issues. hour+ no shares, but bfgminer shows everythings fine. though it did crash a bit ago... not sure why. wasn't watching it. Me as well; I think this is a pool issue. Edit: Definitely looks pool related:  |
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You can daisy chain the boards together without the case, I do hope it comes with heatsinks
Yea I can bolt these to milk crates for 10 btc. |
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http://terrahash.com/product/dx-mini-body-only-case-power-supply-and-fans/DX Mini – Body only (Case, power supply and fans) ฿ 10.00 The DX Mini weighs in at BTC11.99. The website doesn't clearly specify how many modules will come with it. The website says: Comes complete with a case, installed boards, power supply and cooling fans.
One fully assembled module is BTC1.99. How many boards does the DX Mini come with? I'm running the scenarios in my head: | Num boards | Cost/board | Cost for case, PSU and Fans | | 0 | BTC1.99 | BTC11.99 | | 1 | BTC1.99 | BTC10 | | 2 | BTC1.99 | BTC8.01 | | 3 | BTC1.99 | BTC6.02 | | 4 | BTC1.99 | BTC4.03 | | 5 | BTC1.99 | BTC2.04 | | 6 | BTC1.99 | BTC.05 | | 7 | BTC1.99 | BTC-1.94 | | 8 | BTC1.99 | BTC-3.93 | | 9 | BTC1.99 | BTC-5.92 | | 10 | BTC1.99 | BTC-7.91 |
So it looks like it wouldn't make sense for less than 5 boards. At five, that's a big cost for a case. Hot damn that's expensive. |
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The DX Mini weighs in at BTC11.99. The website doesn't clearly specify how many modules will come with it. The website says: Comes complete with a case, installed boards, power supply and cooling fans.
One fully assembled module is BTC1.99. How many boards does the DX Mini come with? I'm running the scenarios in my head: | Num boards | Cost/board | Cost for case, PSU and Fans | | 0 | BTC1.99 | BTC11.99 | | 1 | BTC1.99 | BTC10 | | 2 | BTC1.99 | BTC8.01 | | 3 | BTC1.99 | BTC6.02 | | 4 | BTC1.99 | BTC4.03 | | 5 | BTC1.99 | BTC2.04 | | 6 | BTC1.99 | BTC.05 | | 7 | BTC1.99 | BTC-1.94 | | 8 | BTC1.99 | BTC-3.93 | | 9 | BTC1.99 | BTC-5.92 | | 10 | BTC1.99 | BTC-7.91 |
So it looks like it wouldn't make sense for less than 5 boards. At five, that's a big cost for a case. |
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Hence the need for the vaccine against the GOLD 2.0 bug.
So the vaccine is for the miners who don't spend. I see. |
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So, doing away with the GOLD 2.0 mania throughout the bitcoin community (through education on the inner workings of BTC currency) is the first step to getting the miners to start putting into circulation more batches of bitcoins.
Why are miners not circulating coins? Are you implying that they should PRODUCE more coins or just SPEND more coins? |
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Hmmm... How about a hint then? I do not demonize the bitcoin's store of value function... only the widespread GOLD 2.0 phenomenon. Can you explain the difference? To me the main driving factor of "Gold 2.0" phenomenon is bitcoins store of value function. That's the only real similarity to gold that I see, and (at least to me) apparently the only reason people keep referring to bitcoins as "Gold 2.0". |
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With a poison pill, if need be.  But let's hope it doesn't have to come to that... While gradual changes benefit the majority, an abrupt one would only benefit my ego and the pockets of those who had prepared for the change. What is this "poison pill"?
It's not the qualities of gold that's the problem, it is the pervasive treatment of those qualities as gold. Speculation is healthy for the bitcoin economy, but only if it is based on the expectations about future "economic" growth, and not on the proliferation of GOLD 2.0 worshiping.
But a storage of value is valuable. Speculation that a store of value will gain value should be expected. Why demonize it? |
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Did you mean to write deflationary spiral? Or??
Why do you and others still assume that when I'm discussing deflation or inflation I refer to BTC exchange rate fluctuations? Remember, I don't speak the GOLD 2.0 dialect... I speak straight up BTC! Are you interested in learning how to speak proper BTC (will be offering classes soon)? In the meantime, may I suggest that you take maximum advantage of the GOLD 2.0 era exchange rates. Basically you could invert the idea of Gold 2.0 and create the same kind of economy the US is based on.
But don't just take my word for it.
Is this why you are obsessed with the validity of the statement that 1 bitcoin could still service the entire world and keep referring to a "vaccine to gold 2.0"?
Yes, something like that.
How do you get all miners to agree to this? How do you prevent miners from secretly retaining a key they "destroyed" in order to retain large volumes of wealth? Also, why is it so bad that bitcoin acts like a "Gold 2.0"? The world needs something like gold that does't require physical storage and can be easily transported worldwide. Why would you want to destroy that? |
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Hey all; can we take the case talk to another thread please? The wood case looks cool, but it's a little OT.
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Did you mean to write deflationary spiral? Or??
Why do you and others still assume that when I'm discussing deflation or inflation I refer to BTC exchange rate fluctuations? Remember, I don't speak the GOLD 2.0 dialect... I speak straight up BTC! Are you interested in learning how to speak proper BTC (will be offering classes soon)? In the meantime, may I suggest that you take maximum advantage of the GOLD 2.0 era exchange rates. If we intentionally moved the decimal place every X amount of time, would that not simulate inflation? Many economists assert that inflation encourages investment. If we just intentionally destroy 18.9 million coins (leaving us with only 2.1 million), and then immediately slide the decimal place over and rename THAT a bitcoin, all of a sudden everyone holding 1 "bitcoin" now holds 10 "bitcoins". It's the exact same thing the FED is doing. $10 dollars now is worth the same as what $1 dollar was worth 100 years ago. The blockchain would handle it seamlessly because it don't care what the numbers are CALLED, and all clients would just internally shift the decimal. Basically you could invert the idea of Gold 2.0 and create the same kind of economy the US is based on. Is this why are obsessed with the validity of the statement that 1 bitcoin could still service the entire world and keep referring to a "vaccine to gold 2.0"? |
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I see you're using version 3.2.0 of cgminer. I know kano said something about rewriting the USB interface to automatially detect all asics. So, my guess is that it is expecting the WinUSB driver instead of the silab driver that works with 3.1.x. I'm guessing zadig would be your friend in this instance. Just have it install the WinUSB driver. Or, try a 3.1.x build of cgminer, the silab drivers and start it using something similar to: cgminer-nogpu.exe --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S //./COMx -S //./COMy where x and y are the COM ports for your USB miners, reported under Device Manager I use cgminer 3.1.1 I installed these drivers http://www.silabs.com/products/mcu/Pages/USBtoUARTBridgeVCPDrivers.aspxI then plugged in all of my miners, waiting for each one to get recognized before plugging in the next one. Here's my Device Manager screen:  Guessing this part isn't necessary, but I created a clone of the cgminer-3.1.1-windows directory that I use for running my GPUs, and run my USBs from the cloned directory. I renamed cgminer.conf (which was for my GPUs) and just input the URL/user/pass manually when prompted. After cgminer starts, I write out a cgminer.conf so it will save my pool info. I start cgminer using: cgminer-nogpu.exe --icarus-options 115200:1:1 --icarus-timing 3.0=100 -S //./COM12 -S //./COM22 -S //./COM24 -S //./COM25 -S //./COM26 -S //./COM30 -S //./COM33 -S //./COM34 -S //./COM35 -S //./COM36 No need to clone the dir. You can create two config files and run two instances without issue. I've got one instance for my GPUs and another for my Erupter.  |
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The extra 19 aren't perk units, the retail 1.99 BTC price includes a 6 month warranty as per above. I wouldn't expect to get back used equipment after exercising a warranty return. If he is going to mine with the groups warranty units and keep the profits in addition to his original payment great, but it would be in good form to throw something back to the group.
Also, if a unit is defective, doesn't Arklan return them to friedcat for a replacement? Or is that only after the 19 units are exhausted? I think he should lotto them after 6 months. There's a spreadsheet of buyers ... one entry per user. Use some external random site based on bitcoin, like what has been used in the past, so it's very clear who won. M I would be OK with this. |
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... will be running it with 60+ usbs tomorrow
On one cgminer instance? Wow, that is going to be some test. I vaguely remember someone mentioned that cgminer displays only 30 or so devices (it will still mine the rest) but you'll not be able to see them. I never tried that many... Two instances of cgminer maybe? |
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The extra 19 aren't perk units, the retail 1.99 BTC price includes a 6 month warranty as per above. I wouldn't expect to get back used equipment after exercising a warranty return. If he is going to mine with the groups warranty units and keep the profits in addition to his original payment great, but it would be in good form to throw something back to the group.
Also, if a unit is defective, doesn't Arklan return them to friedcat for a replacement? Or is that only after the 19 units are exhausted? |
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Not 5... There are currently 24 "extra" units: 19 included under the terms of our warranties plus 5 unaccounted for.
Six months of arklan mining with them could range from 30 to 50 BTC, that's already a nice bonus for managing the return policy.
All I'm saying is it would be fun and generous to throw them back at the group when it's over.
I could get behind some kind of "perk" for participating in the group buy like this. I'd side with Arklan either way he chose to go but I'd prefer something extra thrown my way if it's available. I guess I'm a little greedy. Arklan, it's totally your call. Most of us are very grateful for your service and would be more than happy to see you get all the extra for your time and effort. Of course, if we could all get a little icing on the cake, that'd be pretty cool too. And since none of this was in the original agreement, no one can get upset about how much reward they are "entitled to" since they are "entitled" to none. |
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