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721  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 09:45:31 PM
The fact that you think "running this miner is guaranteed to get X amount of dollars over Y amount of time", shows me how delusional you are. There is no way to predict both the difficulty rise or the value of BTC in 6 months. For all you know the bubble can burst overnight and EVERYONE can lose their ass.

Either way, this has nothing to do with them not getting their refund for an undelivered product. Trying to sell your device post delivery on the forums or ebay isn't a guaranteed way to get your money back either; let's not look for alternatives to AMT simply refunding a customer for an unfulfilled order. She shouldn't have to hustle to sell her miner because AMT deemed that her reason for a refund wasn't a good one. WHAT IS A GOOD REASON? My grandmother is sick and needs surgery? The money I used to buy the Miner was stolen out of my Mom's purse?

My house just burned down, so even if I DO receive the miner, I won't even be able to run it? Get real.

Here's a few good reasons to ask for a refund:
1. AMT hasn't proven to me they are capable of running a business properly and I have serious concerns about the product as well as the warranties they offer on my product.
2. By the time I get my Miner it won't ROI and I'll be out my investment.

Your point about refunding BTC is moot, she paid with Wire Transfer.

Since you are so hell bent on defending AMT at every turn, buy her miner off of her now and put the matter to rest. Put your $ where your mouth is.

Speculation is why we purchased the miners in the first place, so it has everything to do with the purchase and relevance.

My speculation is just that. Though an educated one, backed by facts and "previous results". This isn't a stock-market here, or a currency exchange. It is more like a commodity. Fact is, dollars constantly lose value, and commodities, in general require more dollars to obtain the limited supplies.

House on fire... Get fire insurance. Apple wouldn't refund you for the i-7 you pre-ordered either, nor would microsoft for the x-box, nor would your bank give you back a CD at the price you paid.

Your #1 is just an opinion, not backed by anything other than your own speculation.
Your #2 is just more speculation, obviously from an uninformed resource.

I did put my money where my mouth is. Twice, I might add.

For the record... "a few" is more than 2... There are only 4 weeks in a month. That is about 30 days. Like the above stated, buyers remorse is not a "valid excuse" for a refund. Especially on a known risk investment. In a few more weeks, as they stated, a refund would unquestionably be in order. But, as they also stated, the items are on the way. (Shipped and delivered are not the same thing, just in-case you try to argue that next.)

BTW, thanks for the actual law outline. I didn't have time to pull that document with the specifics. However, that actually pertains to "produced goods", not "investments and paid-productions". We paid them to build these for us. We didn't buy goods off the shelf. They also said "expected delivery", which is not a "stone clad shipping date", along with "announced public delays". But that is for a judge to make the final call on. That is how BFL and the other guys actually get away with it. Laws are just a guide, the judge is the final word. (Also on a case by case situation.)

Can we get back on topic now.

I don't defend AMT, I am simply protesting irrational responses in a forum I love to frequent and help. This is not AMT land, this is bitcoin-forums. It is you against the world here. You will never win that battle.

AMT even offered to facilitate the exchange. That is more than any other company has ever done, without pulling teeth. Such a simple and graceful solution to correct another persons buyers remorse. If I still had the money left, from the $24,000 I made off my $2,400 worth of GPU miners I built last year... I would still take that offer. However, I spent my speculations, like an idiot, on other things, after I purchased some THs miners. (Yes, I still mine with my GPU miners, that, at the time, would have been estimated to not ROI for two years. Amazingly, they ROI'ed and then-some, before a year. Just like it has done for the past 5 years, and it will do for years to come.)

That is why I kiss BTC's ass... AMT just happens to be between me and BTC at the moment. I commend them for what they have done, but I am NOT kissing AMT's ass. I don't swing that way. I paid full price, because I believe in supporting those who support us, by delivering. Which is also the reason why I stayed away from the other guys, except KNC.
722  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 06:29:32 PM
...why we wanted our refund and my fiance kept saying stuff about how fast difficulty is going up...

Thus, not a good reason for a refund...

You knew difficulty was going up... It has never gone down... period. Thus, the reason is truly that "you just want a refund, just because you don't think you will make as-much." Truth be told, it has actually gone up less-fast than ever projected. It is going up fast, these are faster miners!

However, difficulty is actually irrelevant to the situation. Since it applies to EVERY single miner being sold, being made, and in the future being thought-of. With every new THs model added to the network, there are thousands of GHs units removed from the network. We are near a technical limit here now. We used all available magic to create these things. They are not going to get much faster now. Until Aliens develop new technology for us.

End of the day, this miner will make close to 12-25 worth of BTC-value in two years, and again, it does not matter what the price is now. It matters what the price will be when you "cash-out". What will value be in two years? (That is when the reward switches from 25 coins per block to 12.5 coins per block, and this miner will possibly not make enough to cover operation costs at the time, but still produce coins for the future-value still.) On a safe estimate, that would be about $1200 x 2 = $2400. On a real estimate, price is closer to $6000+. On a hopeful-high, it is more like $12,000-$30,000 on a "modest trend".

Assume the worst... $900 per BTC x only 12 BTC = $10,800 Which would be about break-even with power consumption. (Now you know why BTC is so stable at about $900 now. For the new guys, that is about break-even, for the old guys, they can still go as low as $600 obviously. But now they have cashed-out. Which leaves... $900 as a realistic future value.)

Truth of the matter is... You see BTC low, and you would rather take that money back, to buy more BTC. Wouldn't it be interesting if they only gave you back your BTC as the return, since that is what you paid them with. (But I doubt they would do that.) That is exactly why they protected themselves from pull-out investors, the way they did.

You have a chance for a refund, and even gains now. Just got to sell the thing you asked them to create for you, when you made the purchase, after it is delivered. I am sure you can get $12,000 for it, once it is sitting in your hands. I see people have sold BFL's $1,000 units as high as $10,000. So anything is possible.
723  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 11:27:04 AM
They don't have to reply here at all. Yet they do.

I fear nothing. I am not kissing any-ones ass. I complained and questioned them, just as everyone-else has. I got my answers, talked to them, and still have to read stupid crap like this in the forum.

What exactly are you looking for? You want a live video-feed from the shop?

They gave us an update. They are coming.

The forum is not where they conduct business. This was a courteous gesture, which was abused, and they rightfully abandoned the crazy troll-thread, initially. Then, they came back, with a PR guy. Who keeps communicating with us. (Then you came and starting trolling the same crap.)

Perhaps you should learn how to be a customer.

1: Buy/Pay
2: Wait
3: Get item

If 3 never happens, then you complain. There is no step between 2-3, where badgering them is a requirement to obtain step 3. Often, it has been my experience that if you do badger anyone, they tend to spit in your burger.

Again, if $6000 was that detrimental to your livelihood, then you should not have spent it on a "Pre-Order", of uncertain fate. It is your own fault if you waited until NOW to get your questions answered. Though, your questions have no real body to them, or they were already answered. Usually, before you buy something, or invest in something, you research it first, and then invest. Don't get mad at them because you didn't do your research and didn't know what you were getting into. (But I doubt that was the case. You seem to be a 100% troll.)
724  Bitcoin / Hardware / Re: Server Power Supply Interface Board - for standalone miners and GPU rigs on: February 07, 2014, 06:21:05 AM
+10 for this community-mod!

+20 for it's simplicity and potential "other" use as a general 12v, high-amp power-source!

+40 for the informative tips alone...
725  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: February 07, 2014, 06:10:21 AM
Hello to everyone!

I choose to pick it up the rig directly at Bitmine, instead to deliver it to my office.
Anyone know how much will the customs charge when you drive thru with the Rig in your car? :-)))

Thank you
it_miner

Buy an empty CPU case and throw it away... but save the receipt... Provide them with that receipt for customs. Tongue They won't know any better. Even better, take one with you, before you go there... Throw it out, and take the miner back. (JK, don't defraud the GOVT's exorbitant taxes.)
726  Bitcoin / Hardware / Re: {BFL} Jalapeno review on TigerDirect.com on: February 07, 2014, 05:57:09 AM
At least it reflects the value... (One of five stars) lol... that is one star too many.
727  Bitcoin / Hardware / Re: Official Thread: AMT on: February 07, 2014, 05:41:04 AM
Order #1196 isn't even due for delivery for another week... Asking for a refund before it is even due to be shipped, on a pre-order, is not one of those "situations", few would honor for a refund.

"asking for weeks"... That order is only a few weeks old!

"with our mortgage at risk"... What! That is a poor decision of yourself, if that is your action, buying a pre-order with the HOPE that it will make you money in time to pay a mortgage. You need personal priority adjustment. If you HAD issues with your mortgage, they existed before you made the bad choice to buy a miner. A miner, I might add, that has a break-even (at best), within two months after owning it. If your mortgage is at risk, having gains in the third month wouldn't help much.

But I digress... Don't blame others for your poor decisions, and then attempt to hold them accountable for your poor decisions. They offered us miners, we accepted the terms, and now we are getting our miners.

If you want "off the shelf" equipment, that choice has always been there. Now these will be "on the shelf", and then you can complain how they will not make you rich, and want refunds as bitcoins falls again, or as it rises, so you can get your coins back to trade for more money. That is why all these places NEED irreversible transactions. Because buyers continually try to defraud these places. Again, that was a risk you agreed to, once you hit that SEND or submit button, or made that wire-transfer.

The PR guy is doing a great job. However, he needs to stop replying to obvious trolls, who are demanding answers to stupid questions that don't pertain to him. We don't need you (the troll) speaking for us, we have our own mouths, and have gotten the answers we need. (Even if they are not the answers we want to hear.)

I offered to buy peoples orders directly. No-one took me up on the offer. They had a chance for an instant refund, and passed. So, they must not be too anxious for a refund.

Also, last time I checked, most laws state... "Within 30 days of expected delivery." That is for existing items, where delivery was implicitly stated as a "sure thing". Not for "pre-orders", where it is implicitly accepted that any statement of delivery is an "estimate of expected delivery", thus the term "PRE" before the word "ORDER".

They are not refusing refunds. They are refusing unreasonable requests for refunds, without some kind of valid reason. They have that right, as you have chosen to "give them" money to use, as an "advance", on the creation of an "order" to be "filled in a reasonable time". (Unfortunately, it is not YOU who determines what is "reasonable", it is the LAW. Which, I believe, in most countries, is 30 days beyond expected delivery. That is also in paypal's agreement, and ebay's agreement, and UPS's agreement, and FedEx's agreement, and even your CC's agreement. Which I believe CC's extend to 60 and 90, in some instances, but LAW of consumer-protection rules over most of those aforementioned contracts.)
728  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Catcoin - NEW THREAD - FORK INCOMING AT BLOCK 21346 - Scrypt MEOW! on: February 05, 2014, 12:06:22 PM
wallet stuck on block 21755 says (2 hours behind)... never updates past that point... Forked...

That is with the connections provided in the config... of which, only two ever connect. Rest come from forked connection. Apparently a dead connection.
729  Alternate cryptocurrencies / Altcoin Discussion / Re: Help i want to create my own Altcoin! on: February 05, 2014, 02:48:29 AM
If there is no mining, then you don't need mining-wallets.

If you are just selling "virtual currency", and limiting yourself, "so you say", to x-coins... First, you need proof of that claim, which you can be held accountable for. Second, how could anyone sell them, if you also sell them. They would have to sell for a loss, to under-cut you. (That would also promote theft, more than honest sales.) If you are just "selling" then that is 100% income, and you can be sure that you will have to pay a heavy tax on that. Not to mention, ensuring that you are not collecting money from illegal activities, backed-up with proof. (That requires you to register as a money broker.)

Why would anyone want to "buy" your coin, when they could just use a dollar? The value will never go up. That would make them "shares", and them "Share holders", and you a "Share provider". That is a whole other ball-game. You would have to actually offer to "buy back", your own shares, and offer refunds, and accept losses yourself. (As opposed to throwing the loss on those currently holding your coins, by raising your value to sell the coin, or by devaluing their held coins.)

Since this is neither an "alt-coin" or a "bit-coin", but just another "virtual currency"... I believe this topic should be moved to "off topic".

Without people mining, you have no network to distribute your coins. Everyone isn't just going to leave their wallets open, and HOPE that you are running machines to handle all the transactions yourself.
730  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: February 05, 2014, 02:09:19 AM
How about you keep it to facts rather than your sole opinions?

Wise words... Follow them, don't just preach them.

I don't ignore the risk involved, I embrace it. It has paid me well. (And still pays me. Enough to share and spread the wealth, I might also add.)

As for your stupidity about changing the programs... If it comes to that, you have a choice to use it, or not. If it would hurt you, you wouldn't use it, thus, it would not be embraced.

As for the other coins... They have not shown anything that indicates they are not acting similar to bitcoins. There is your usual pump-n-dumps, but that happens on anything with value. If they didn't rise and fall, they would not be worth investing in. Like a dollar, which simply falls constantly... but it falls steadily... the more the banks and govt takes.

Pick any point in time, one year from any other point in time, on BTC, and tell me what the return has been. Now remove tons of "lost coins" from circulation, and apply standard logic of linear growth. Tell me what those values would return in the future. (Also, compare those numbers to "buying hardware" and "hardware returns".)

I said the value lies in the network, idiot. Someone didn't read. Value, still for the most part, is still greatly dependent on losses of the network. The supply is greater than demand, at the moment, and that is slowly changing. Thus, it will easily hit $150,000 and more, per BTC.  The only question is when it will hit that low value. Doesn't matter to me. I assume all my investment is a loss, a contribution to the network, so anything I get is a reward. (So-far, the reward has been a persistent 10x+ per year, for me. That is 1000% growth.)

Not that I like DogeCoin... (horrible coin), but it is making a lot of people money. That is too much risk for me to bite-off, chew and swallow. I stick with more predictable earnings, where the risk is lower and the gains would seem to be less, but in the end, are always more for me.

General rule of thumb... If everyone believes it will go up, it is guaranteed to go down. If it did what the majority wanted, there would be no winners, because there would be no losers. Someone has to lose, or hold-on longer, for making the wrong choices, or bailing-out early, or settling for less. People always settle for less, on the majority.

But all this is off topic.

They are delivering. End of story. Buy more, or settle with the ones you have coming, when they arrive. They don't have to mine the coins with your machines. You are already paying them 1,000x what the machine costs to produce. If they mine, they would just get less money, not more. Same rule... Buying is cheaper than mining... Why would they mine the coins when it is cheaper just to buy them, and not have to waste money on power, storage-space, maintenance, and replacement parts? They wouldn't.

It's like a bank... Banks don't want your money... they have plenty of that. They want to loan you money that you can't pay back, so they can obtain your assets. Then they end-up with your money and your assets, and you are left with nothing. The money is irrelevant, because they can just print more.
731  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: February 04, 2014, 09:09:21 PM
OMG, STFU... lol

You whine like a bunch of little female dogs in heat...

If you paid, you are getting a miner (whenever that is), before anyone-else who has not even paid yet. You knew the risk when you made your "PRE-ORDER", and for transparency (Which is not even a legal requirement), you were told "Expected delivery dates", and "Have been informed of delays".

What the delays are, is irrelevant. Do you want a daily play-by-play of production? Did Microsoft or Sony or any video-game company ever do that? No. They just announced that shipping would be delayed, and offered another "Estimated shipping date".

What things could cause delays after getting the chips...
- PCB redesigns
- Component-replacement of failed parts
- Software issues
- Being overworked
- Stalled or Frozen funds (Due to people demanding refunds and trying to stop-payment.)
- Certification process approval for UL/CE or other things
- ISO quality assurance checking, to ensure parts are up to their own ISO standards that they claim
- Burn-in cycle, to ensure one bad component does not cause whole-device failure (Not all components are created equally)
- Variance testing, to ensure end-results are producing in-spec (Something that CPU producers no longer do.)
- Packaging and shipping delays (Sure they will pick-up one or two packages, but when you tell them you have 1000, they have to schedule a truck that is available to pick-up. Then, if 1000 a day/week, they need to schedule a whole schedule.)

Then, to top that off... There is losses to deal with. Produce 100, lose 10, and you have to rework those, or scrap them, and replace those with production that was intended for the next orders, which place you 20+ units behind. (10 lost + 10 made-up + What went wrong)

Why say 3 more weeks until shipping? Because they don't know if you are order #1 or order number #1000. Because they think it will take a week, but to be generous, they say 3, to cover all grounds. Someone will get it sooner, someone will get it later. In the end, everyone who ordered one, will get one.

If you wanted it earlier, you could have.... Done nothing... none existed before now.
If you couldn't handle the risk, you could have... Not made the purchase... others will gladly buy your order-number/place from you.
If you needed the money back, you could have... Asked for a refund... they do give refunds.

As for not returning a ROI... That is a crock of crap. These things will produce more value then you spent on them, and more value than you spend to operate them, for the next two years, easily. Stop looking at the price now. Look at the price when you will be cashing-out. If you cash-out as you earn, you are the reason you are not getting any ROI. Every time you cash-out, you lower the value and lower your next return. Try using a value of $6000/BTC for your btc-calculators, which is when you will most-likely be cashing-out, or $2000/BTC if you are stupid. $150,000/BTC if you are smart, and in this for the long-haul. (Well after you have stopped mining.)

Why do you think people are spending billions on these things? Yes, billions have been spent on hardware, farms, services, and flat-out buying BTC. You jump in the game late, you pay more and gain less. But, we all have a lot to gain for years to come still.

There was, and has always been, the option to just buy BTC directly. Which, honestly, is more profitable than mining any coins at all. Miners no-longer determine the price of the coin, only the floor of the coin.

Why buy a miner? Because BTC is not the best coin to mine. It is great to be given, but all other coins are better to mine. Simply because they are easier to mine and have not matured yet. Those other coins will do exactly like BTC has done, and go 10x, 100x, 1000x, 10000x, in time. That is where you want to mine, instead of buy. (Actually you want to do both.) The values of alt-coins will never rise if you don't mine them. The more you mine them, the more others have to ask for value. Because they get less, and have less to cash-in. Then there is "new coins", that have not been created yet. With these miners, you get a prime front-row seat to a majority of the volume, compared to bitcoins, where you barely get a fraction of a fraction of a fraction of a coin in return. (Again, the secret it so hold even when value seems the worst. Then buy, when it is the worst, to raise the value of your held-coins and "cut losses" or "increase value" of held coins.)

You are in the game... It is time you started learning how to play it. Otherwise you are just a spectator with a toy, standing in the game-field.

P.S. $1200/BTC... That was NOT the spike... That was the prelude to the spike. Slightly premature and high, but not the spike for this coin-year. The spike is coming over the next three months. There is still time to get a decent miner by that time. (The coin-year is not aligned with the normal year. It is off by a few months. Wait until income-tax refunds start rolling-in.)

P.P.S. What that chart above actually shows, is that we are reaching our technology limit and also a "production limit" of units in-hand. (Not to mention dissipation across more valuable coins than BTC. Others figured that out, and soon the rest will too.) Translation, difficulty is still climbing, but it is slowing down. Thus, actually falling off projection. Until 100PHs units come. If they come. Thus, perfect time to be buying all these THs machines like mad. That just extended your returns and shortened your ROI projections. Going from 35% expansion to only 19% expansion per difficulty change, and slowing down until we all own THs units. (Remember, as each new THs unit comes online, several GHs units go offline.)
732  Other / CPU/GPU Bitcoin mining hardware / Re: Gridseed Asic Miner Preview on: February 04, 2014, 08:48:16 AM
Nice to see a good Gen-1 Scrypt ASIC that is "on par" with GPU miners, still with an advantage over GPU mining. (Wow to that power-use being so small!)

It is time for GPU's to retire back to being used for gaming. Give the gamers some of the GPU's we took from them, back for a discount. (They all earned us plenty in the life they gave us.)

The next wave of Gen-2 miners will be a big step in solidifying alt-coins, or merging values between the two variations. ASIC's didn't kill any coins, they made them more valuable, all of them. Just as they will do for Scrypt-coins, directly now. (Provided the prices come down to match the values of comparable hardware to SHA-256 miners. EG, $6,000 buying you a device that will ROI at the same time as its SHA-256 counter-part, which also sells for $6,000.)

As for design, as a scrypt-miner... Might want to re-design a "scrypt-only" mining cooler. (Having them all stack is a great idea, if the cooling was pulled from between the units. Stacking like slices of bread, with a shared cooler between two units. Remember, that huge cooler is for running in SHA-256 mode, to remove tons of heat. In Scrypt-mode alone, if locked to that mode, it is over-kill for that board.)

Sell just the boards, without the heat-sink or dedicated controller, drop the price by 80% {down to $1200 for 6MHs}, and I will buy a whole farm myself. (Note: If alt-coins value rises to 200%, then $2400 would be acceptable for a 6MHs to be equal to new ASICs. Which it might do, over the next few months.)

Otherwise it is cheaper to buy a SHA-256 ASIC to mine, and just buy scrypt-coins with the BTC you earn.

Oh, just for the record, I am getting one of the 20-packs (6MHs units). If only for the replacement of one of my existing GPU rigs that needs retirement. (Though, I have also already purchased a SHA-256 ASIC, for the same price, that will produce 5x {500%} the value that this Scrypt-miner will ever produce. $300/SHA256 per day V.S. $60/Scrypt per day, for $6000 worth of the similar hardware.)

Two thumbs up for this review, and product! Still worth purchasing for supporting the next-gen, just because it does give a ROI.
733  Other / CPU/GPU Bitcoin mining hardware / Re: Tiger Direct CENSORING Butterfly Labs reviews on: February 04, 2014, 07:48:01 AM
You hit the nail on the head when you said... "I could have made more just buying bitcoins, instead of mining them." (Rough quote.)

That one reason is what keeps future sales of miners low. Not because they are not worth the money. Because they are not worth the money to "us". Until the market actually offers a fair price, and stops mining on our dollar that they took for creating personal farms... (Free loans.) Then we will always make more by buying the coins directly. (Which, on a sad note, supports them more than us now, thanks to us.)

What is the solution... Well, we could all just screw them over and cash-out before they can. Once they go bankrupt paying bills, we fire-up our machines again, and raise the value back up. (Once they have sold-off all assets to get themselves out of the hole that they made us dig for them.)

Wasn't that the purpose of the coins in the first-place... To stop the rich from getting more rich, by them screwing-over the little guys. There are more of us than there are of them. Does not take much to show them who is the real boss of value.

The higher the price goes, the more they take from us, using less and less acquired assets and losses. (They sell only a fraction of their abundance, to gain the majority of our abundance.)
734  Bitcoin / Hardware / Re: SCRYPT ASIC miner ready. BTC+LTC ASIC , combo.Two new model coming >10MHS. on: February 04, 2014, 06:57:26 AM
I thought about doing something for solo mining, but the coding would be too much for right now; you would have to create a database of all alt-coins and be able to keep price/difficulty curves up to date for all of the coins . it would also make running on a low power embedded device like an rPi a real challenge.  I would love to do this project, but I know my limits!

To keep this from derailing... I will be brief...

For solo-mining, a simple database of "history", would suffice for "actual reward". To compare to any websites "projected reward". (EG, coinchoose data, coinwarz data, where-to-mine data.)

As for the "do not mine"... or "only mine"... All coins have a 3-4 letter ID, easy to identify with any of those sites. That, or just let the user make a list of connections they only want to connect to. (As well as through cryptsy-API, to confirm actual "now" price data.)

For solo-miners, we would have to have a wallet setup per coin. As long as each port was identified with each coins letters, matching should be easy. History would show what we actually get, compared to "estimates", and getting 50% rejects would indicate that the coins value should be 50% less then estimated. (Which is what you see happen in super-low diff coins, POS rushes, and fast block-time coins. You would never see that info in a pool. All shares are accepted, even if the coin is actually producing nothing and the rewards are way off actual values. Thus, why solo-mining is more rewarding for those coins.)

BTW, at certain diffs... rejections are predictable, when also taking the block-time into account. (Eg, diff 0.2 @ 20sec block-time = 50% rejects. diff 0.2 @ 60sec block-times = 25% rejects. diff 0.2 @ 2min block-time = 5% rejects. Add about 50% more rejects if the coin is a POS/POW coin. On the far end... diff 10.0 @ 20sec block-time = 25% rejects. diff 10.0 @ 2min block-time = 2% rejects...)**

** Those are ficticious values, except the 0.2 @ 20sec, which I know is actually worse. (More like 65%) The rest on the high-side, are roughly accurate, based on my solo-mining limitation of mining below difficulty of 10.0 coins only. (Also note, you can use this info to "correct" the horrible estimations that all these website value-estimators provide. Reality is more important than "perfect-world-estimates".) A LUT (Look-up-table) or formula would suffice for this adjustment. However, it is reverse-exponential in nature.

Sadly, unless you know the pseudo-random code... there is no way to predict the "lotto-winnings" of coins that use random "super-payouts", but examining the block-chain data can tell you when those are paid-out/hit, thus, immediately devaluing the coins value. (Telling you to stop mining it, or adjusting the reward potential.) Though, they all tend to use the same code, and others actually DO know which blocks will pay-out, and only mine when those coins reach those pay-out times. They leave others to mine the low-value crap. (That is your supportive community! Also, that is your coins support, for you, as a miner.)

Then there is instant-adjusting coins. (Those are ones that change diff per-block, which charts do not correctly display. They take averages or just spot-check diff, which may not be a real indication of actual value adjustment.)

Yes, that was the brief reply. Tongue
735  Bitcoin / Hardware / Re: SCRYPT ASIC miner ready. BTC+LTC ASIC , combo.Two new model coming >10MHS. on: February 04, 2014, 05:17:40 AM
Thoughts?  Better ideas?

Wattage and cost/watt is needed for those calculations. Since the units are non-standard and wattage changes per operation.

Also, for dual-mode, wattage is altered. (Could do profiles for wattage, but not for cost/wattage, which is a user-specific value.) Since, at some point, there may be a Scrypt-coin that is high, and a SHA-coin that is also high, and mining both could potentially be an option. (Though, that would be a bonus which fades fast.)

Might also want to allow a "Do not mine" list LUT. For times when POS-stalling coins are horribly inaccurate for "reward". Also, for "lotto-style" coins that the calculations for reward are never correct, due to poor calculations of the lotto randomness. (Those are coins with a "?" next to the block-rewards on CoinWarz. There are more losers than winners, but the value is calculated as an average of high/low, which is inaccurate to any actual value, at any point in time. While POS-stalling is when POS blocks boot-out any actual POW block rewards, because the POS causes a block-reset too fast, due to its low difficulty. Thus, cutting reward in half, as it still shows as a valid "block" for that hour, until the formula realizes it isn't a reward, then re-adjusts to a lower diff later. A lower diff that someone-else gets, if you hop off the coin.)

Also, limiting high-diff coins, if you are a solo-miner and not a pool-miner. (Since hopping to a high-diff coin will be zero reward unless you actually stay until at-least one is found, which would be when the value is no-longer rewarding.)
736  Bitcoin / Hardware / Re: SCRYPT ASIC miner ready. BTC+LTC ASIC , combo.Two new model coming >10MHS. on: February 04, 2014, 05:05:55 AM
One thing missing from the original post...

Where to get these... (Prices in USD would be nice too. We can figure-out BTC-rate later, since BTC value is not constant. Or LTC, if accepted.)

I saw some prices in another post, but things change fast.

Also, expected delivery-time would be a mention worth posting. (I know a few have gone out, and have seen the videos of these running in farms already. So production is already happening.)

By the way, at those wattages, I am sold... if the price is right. (For scrypt-coins.)
737  Bitcoin / Hardware / Re: Official Thread: AMT on: February 03, 2014, 08:03:10 PM
Now you need to sell through Overstock.com... They accept bitcoin for payments. Tongue

That, or cut an exclusive deal with coinbase.com... Since they deal in BTC directly. I am sure they would love creating coins exclusively, as opposed to pulling them from multiple exchanges, which lowers the value for their next customers. It's a win-win situation for all.

Also... Change the word "Closeout" to "Sales"... (Closeout implies that you are closing, and those are the last ones to buy, because you are going out of business. A closeout sale is one that marks the end of a business's life, or the products life. Thus, Close-Out.)
738  Other / Off-topic / Re: How many times do you shower or bath yourself per week? on: February 03, 2014, 07:59:21 PM
Wait... baths with water and soap?

I lick myself clean, like my cat does... Sometimes she helps... Then I roll around in the yard, like my dog... but only once a week.
739  Other / Off-topic / Re: How many times do you shower or bath yourself per week? on: February 03, 2014, 04:03:40 AM
This is a trick question...
Why no monthly and bi-monthly and annually?

I like my dead-skin armor. I don't like to water the bacteria growing on my body, feeding it lard and sugars daily/weekly. I get charged for 50-gallons of water a month, whether I use it or not... After flushing once a week and a pot of coffee every day, that leaves only room or one shower a month. 49.95 gallons... Screw the man!
740  Bitcoin / Hardware / Re: Official Thread: AMT on: February 03, 2014, 02:41:25 AM
Okay, looks almost too good to be true.   PM me if anyone wants order #962.

Sorry, thought you were asking for a refund...

This is not a personal sales forum. If you want to gouge the market, try listing the "sale" of the "over-priced" item in the correct forum.

However, if you wanted a refund, this would be the appropriate place to get one from them, or us.

Seeing as how order 962 and the latest order of 1200+ will be filled about the same time... There is no point in buying your miner for more. Now, if we were on order 38,000 and you had order 100... then that might be worth discussion. Still, not here though.

Hedging your losses... It is not a loss until you sell it. Not sure what you are asking for a price, but prices are going lower. Paying more would just be less reward to someone. Even negate any reward over buying a cheaper late model. Again, had I not spent the money, I would have only purchased it for what the price was. Anything more is just a loan to you, at my cost. (Again, points to the untrusted level of the person asking to sell an item. Can you not see your own scammer/trust rating?)
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