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7401  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 16, 2015, 01:28:14 PM
Anything over $300/kW/month for the total package sounds like high-density colo with clean uninterrupted power to the cabinet. This is definitely not cost effective for mining.

I live in Texas and have a locked in 0.085 residential rate (yay, deregulation), which isn't the best in the world I admit. I researched the multiple co-lo's in the area and I could save a penny with commercial service, but the added in cabinet space and limitation on kW per rack added in an additional $100-200. Since most of the co-lo's here are geared towards oil/gas, there are very few low tier providers. The ones that do exist have no bitcoin mining policies, heh. I guess they oversubscribe the kW allotment and don't want people that use the max like most residential internet providers.


Ufo

I am in Houston too, looking for next provider and right now rates are sweet, but I am not sure whether I want 6, 9 or 12 mo.
Which provider are you with?
I can get a great rate, but only 3-6 mo, then a switchover in the spring or summer-not an entirely good proposition.
7402  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 15, 2015, 03:58:26 PM
Mine has changed to "Unshipped" also...I guess it's to fix that little snafu.  I am concerned about hearing that 9/8 orders are being shipped and my 9/6 order is still silent.

Which shipper is yours coming?

These are slated for UPS...but they are going directly to Toomim Bros for hosting so I can't look for items being shipped to my address under MyUPS.

I stand corrected; they were SUPPOSED to be shipped directly to Toomim.  I just found all 4 packages scheduled to be shipped directly to me by the 19th.  My order/confirm date was 2015-09-06 22:25:04.  Now I know.

can't you redirect them?
7403  Bitcoin / Bitcoin Discussion / Uphold-thanks, but no thanks on: October 15, 2015, 03:42:15 PM
Former Bitreserve just hit the spot, NOT!

Messrs CEO and president are talking flak about bitcoin?

I don't think that any self respecting bitcoiner should have anything to do with this company, especially after the stunt they just pulled off.
If i had any bitcoin there, I would have immediately removed all of it, but thankfully, I never had any deposited.
Incidentally, is it uphold or holdup? I don't quite remember...
In five years we shall see what persevers: bitcoin or this entity
They will be speculating on deposits? Oh, my.

By the way, when services are free, what is the product-YOU, dummy.
Ponder this.
7404  Economy / Speculation / Re: [prediction] Next spike $560,000 14 months from now on: October 15, 2015, 12:04:47 AM
"Forrest Gump II", 2025 remake...or... "Deserrt Gump" 2025, whichever will be made...

Forrest/Deserrt was to Iraq or Afghanistan, got injured, lieutenant Dan was his platoon commander...
Forrest/Deserrt:
" Lieutenant Dan got me invested some of my Bubba Gump money in some kind of coin or whatever...then i got a call that we don't have to worry about money no more...and I said...that's good, one less thing..."
7405  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 14, 2015, 10:19:26 PM
snipped other quotes

I started with GPU's back in the day and had corsair RM1000 psu's
Went to
gridseed
gridseed blade
s3
s3+
s5
Then flipped to 240v
Then to the datacenter.
Now dumped s5's at the datacenter and used the cash  for s7's.
Waiting on s7's
So now I have PILES of RM1000 corsairs.
So I am going to use three Rm1000 to power two s7's
Rm1000 are gold psu's


if you do that, you would not be able to follow the bitmain's rule of powering boards first and controller later when using more than one PSU/machine.
You are bound to start at least some boards at the same time as controller while other board(s) in the same machine will be powered by another PSU.
Maybe it is still OK, i don't know.
actually if the pdu has a power on switch they can all be fired up together


yeah, good point-I don't have PDU(s), just power strips with just one machine, so this kind of escaped me.
7406  Economy / Computer hardware / Re: [WTS] four PSU for antminer S3 and S5 with SUPER BONUS on: October 14, 2015, 09:36:03 PM

well, last i look, in some states you have to pay tax on amazon, so in TX, for example, it is $88.75 including tax for CX750 and 67.02 for CX500
I am selling CX750M for $65 offered and CX500M (practically new) for $55 PLUS a $100 coupon for antminer S7 if you buy any two PSU (first pair only or three or all four).
If this is not a good deal, I don't know what is.
However, I've got only one coupon, so only the first who buys at least two gets it.


He's right, that's why you haven't sold anything.  I think the last CX750 I sold on here went for something like $30?  Bring them down, someone will get them Smiley

well, i cannot speak for others and why you wanted to sell yours for $30, but $30 for Corsair 750M is way too low in my opinion, unless it was busted/not working.
Besides, i was selling two CX750 for $130 PLUS a $100 coupon, so in dollar terms that deal was $15/Corsair 750 SHIPPED after subtracting the coupon value.
the deal is gone, though, as I already sold both CX750.

Here's your CX500 for $40 w/free shipping from Newegg.  http://www.ebay.com/itm/CORSAIR-CXM-series-CX500M-500W-ATX12V-v2-3-SLI-Ready-CrossFire-Ready-80-PLUS-BRO-/291302815628?hash=item43d300378c

Here's the CX750M for $50 with free shipping, again from Newegg.  http://www.ebay.com/itm/CORSAIR-CXM-series-CX750M-750W-ATX12V-v2-3-SLI-Ready-CrossFire-Ready-80-PLUS-BRO-/381396138678?hash=item58ccfb3ab6

Both are refurbished, so not even used.  That's why I said your price was too high.  Not trying to threadcrap man, but people come here for deals, not to pay more for used equipment than a massive retailer sells refurbished for.

i never buy refurbs, but go ahead...it looks like a bargain.
besides, there was a deal for $130-$100coupon=$30 for two Corsairs. If it wasn't a deal for you, then OK.
7407  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: October 14, 2015, 09:20:12 PM
$1,000 in 5 years means nothing will have happened. It's either way above $10,000 or a relic bouncing between $1 and $100. You are all too modest.

I completely agree
https://bitcointalk.org/index.php?topic=1200114.msg12686281#msg12686281
7408  Bitcoin / Hardware / Re: ANTMINER S7 is available at bitmaintech.com with 4.86TH/s, 0.25J/GH on: October 14, 2015, 09:03:51 PM
snipped other quotes

I started with GPU's back in the day and had corsair RM1000 psu's
Went to
gridseed
gridseed blade
s3
s3+
s5
Then flipped to 240v
Then to the datacenter.
Now dumped s5's at the datacenter and used the cash  for s7's.
Waiting on s7's
So now I have PILES of RM1000 corsairs.
So I am going to use three Rm1000 to power two s7's
Rm1000 are gold psu's


if you do that, you would not be able to follow the bitmain's rule of powering boards first and controller later when using more than one PSU/machine.
You are bound to start at least some boards at the same time as controller while other board(s) in the same machine will be powered by another PSU.
Maybe it is still OK, i don't know.
7409  Bitcoin / Pools / Re: [10000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB on: October 14, 2015, 08:56:03 PM
I have been mining for around a year on eligius with around 19 BTC payout total, and my total luck is 95.35% right now. That is pretty awful considering the time frame..

good point: aren't luck supposed to be close to 100% over long periods?
I also mined on the same machine exactly a year and my luck record is 94.25%

http://organofcorti.blogspot.no/2015/07/faq-bitcoin-mining-and-luck-statistic.html

So I read this and as far I understood calculated the approximate chance of being as unlucky as eligius have been:

http://www.wolframalpha.com/input/?i=CDF(ErlangDistribution(2000%2C+2000)%2C+1.0487)

Apparently it's 1.5%..
1 in every 66 times the pool would be more lucky than it has been last year. Confirms the feeling that it has been awful..

You probably mean 1 in 66 times less lucky than last year, otherwise you are saying that we exceeded the expected luck.
7410  Economy / Computer hardware / Re: [WTS] four PSU for antminer S3 and S5 with SUPER BONUS on: October 14, 2015, 08:08:55 PM

well, last i look, in some states you have to pay tax on amazon, so in TX, for example, it is $88.75 including tax for CX750 and 67.02 for CX500
I am selling CX750M for $65 offered and CX500M (practically new) for $55 PLUS a $100 coupon for antminer S7 if you buy any two PSU (first pair only or three or all four).
If this is not a good deal, I don't know what is.
However, I've got only one coupon, so only the first who buys at least two gets it.


He's right, that's why you haven't sold anything.  I think the last CX750 I sold on here went for something like $30?  Bring them down, someone will get them Smiley

well, i cannot speak for others and why you wanted to sell yours for $30, but $30 for Corsair 750M is way too low in my opinion, unless it was busted/not working.
Besides, i was selling two CX750 for $130 PLUS a $100 coupon, so in dollar terms that deal was $15/Corsair 750 SHIPPED after subtracting the coupon value.
the deal is gone, though, as I already sold both CX750.
7411  Economy / Speculation / Re: Price going up for no apparent reason? on: October 14, 2015, 07:55:31 PM
Normal market movement, slow up until resistance will become too heavy, and then sideways, before another capitulation will start.

could be a triple bottom later, but we already have a skewed W, which could be sufficient (technically) for a sustained uptick.
7412  Economy / Speculation / Re: Price going up for no apparent reason? on: October 14, 2015, 07:53:28 PM
What is the reason?

What do we not know?

Just a another manipulation for a short pump and dump? We haven't had one of those for quite a time.

The reason is that the block reward halving is approaching.  It is sensible logic to assume the price will double in anticipation.  We saw a low of around $180 recently, so I think that the price going to $360 in the next 9-12 months is a reasonable assumption.

A more bullish explanation might be that the Winklevoss twins' new exchange brought many of their rich friends off the sidelines to begin accumulating bitcoins in anticipation of the COIN ETF being approved.  The COIN ETF has the potential to dump billions into the Bitcoin market, at which point an optimistic price point would be $2,000-$4,000.

Either way, I believe the markets are seeing that the worst is over.  The reward now outweighs the risk and money will flow appropriately.

if that is the case, easy peasy....buy ETF within 1 mo of introduction, wait for ~2-4K in bitcoin price equivalent in ETF, sell ETF, buy puts on ETF..profit.
Don't need to do anything with a real asset/bitcoin (hold or hodl that).
7413  Bitcoin / Pools / Re: [10000Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB on: October 14, 2015, 05:15:53 PM
I have been mining for around a year on eligius with around 19 BTC payout total, and my total luck is 95.35% right now. That is pretty awful considering the time frame..

good point: aren't luck supposed to be close to 100% over long periods?
I also mined on the same machine exactly a year and my luck record is 94.25%

Also, what about the slow payouts?
Why the counter has to run to 0.28-0.3 before the payout?
Before it was 0.04-0.05
7414  Bitcoin / Group buys / Re: [lee group]1980$! the sales of first batch hosted antminer s7(psu included) on: October 14, 2015, 05:09:42 PM
Yup  Grin Already paid and confirm the order in the website. How much time takes to up the miner?

Regards!
got your miner online now
Thank you! Already mining without problems  Grin

what is the current price of hosted S7? bitmain decreased pricing, but it is listed as 1980 (admittedly with PSU, but of the slower batch) here.
can you elaborate? thanks
7415  Economy / Speculation / Re: Price going up for no apparent reason? on: October 14, 2015, 05:04:25 PM
There is always a reason, but maybe NOT a cause.
How about this for a reason: a first sidechain was released yesterday with good correlation re price jump.
Research it.
Sidechains pretty much put the kibosh on all that late nonsense about "I like blockchains, but i don't like bitcoin"

Did you mean there is always a cause (e.g. more buyers than sellers), but not always a reason?

yeah, edited
7416  Economy / Speculation / Re: Gentlemen, i think it's safe to say we're the new halving elite on: October 14, 2015, 05:01:57 PM
halving elite...lol
there is or will ever be just enough bitcoin for each person on earth to have 0.003 BTC (3000 millibits)
there is or will ever be just enough bitcoin for each person in OECD countries to have 0.017 BTC (currently ~$4) if non-OECD countries have none (very unlikely)

Ponder this, then come back and ponder it again.

It will be either something close to zero/BTC or a VERY large number (btc price) in 20 years.
7417  Economy / Speculation / Re: Price going up for no apparent reason? on: October 14, 2015, 04:52:54 PM
There is always a cause, but maybe NOT a reason that could be explained easily.
How about this for a simple reason: a first sidechain was released yesterday with good correlation re price jump.
Research it.
Sidechains pretty much put the kibosh on all that late nonsense about "I like blockchains, but i don't like bitcoin"
7418  Economy / Speculation / Re: How much do you think 1 Bitcoin will be worth in 2020? on: October 14, 2015, 04:09:54 PM

I think that the fear of getting ripped off (FOGRO) will be far more deterministic than the fear of missing out (FOMO).  The poker industry was a great example:  At first many played, but as player's skill advanced and technology began to be utilized that allowed real time statistical analysis and "bum hunting" software became available, new money became more scarce and old money began moving out.  Bitcoin is following the same curve.

Ripped off in what sense?

It'll never reach proper success unless there are ever more no brainer ways of handling it. Things like a proper ETF deal with that problem at source.

ETF (if and when it happens) is a complete and utter antithesis to whatever bitcoin stands for, which is your own control of your funds/property.
ETF can be hypothecated and rehypothecated over and over, creating a gigantic pile of paper on the top of an asset.
It happened in gold and that paper controls golds price, NOT vice versa.

Initially, it could be good for a 400% gain, which is where I will sell if ETF ever comes to fruition.
7419  Bitcoin / Hardware / Re: Antminer S7 bugs and stability on: October 14, 2015, 04:02:14 PM
Good day,

I have a friend who complained that his S7 always halts and stops responding, so he reboots it a few times a day

So, I have a question for new S7 users: How stable does your Antminer S7 works?

I want to know if other S7 Batch 1 miners perform the same way.

Help me please





 My s-7 is rock solid  4810gh at 600 mhz  pointed at f2pool.

temps are 55c

I do not have to reboot.

A big key is the power you supply.  All 9 jacks to my  3 blades are at 11.96 volts under full 1200 watts of draw.

i have an interesting case: miner was stable for 2 weeks at 600 (~4.84), then declined overnight to ~4.6.
Upon soft reboot-back at 4.85 now for 24 hr. All temp stayed pretty much the same, did not check voltage, but it is the same PSU (EVGA 1300 G2).
It very much reminds me of some (probably not all) S3 machines. I had a few that were stable, then periodically declined after 2-3 weeks and required a soft reboot in gui.
7420  Economy / Computer hardware / Re: [WTS] three PSU for antminer S3 and S5 with SUPER BONUS on: October 14, 2015, 03:51:45 PM
bump
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