SPT resurfaces with a 110 TH SP-50 (only for some customers) machine...things are happening in bitcoin
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Not to Zvi...
Typical Microsoft...took a word (TED) that everybody uses for something else (open conferences) and in familiar fashion "extended" it to something completely unrelated.
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For the miners or people with mining experience out there...
How much Bitcoin (a rough estimate) would a person be able to mine daily by using this?
you earn ~0.00055-0.0011 BTC/day or 12-24c/day ($7/mo max) with only 4c/day expense if you are at $0.1/kwh-pretty standard in US. However, this is NOT a computer to mine, this is a computer to program stuff and GET PAID in bitcoin-maybe $hundreds or more/day. How exactly-your imagination is the limit.
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I'll take +1.76% to +2.00%
I think we safely ignore the $400 21Inc Juggernaut until around Thanksgiving (US Holiday in late November). Of course we don't know what 21Inc is actually in terms of deploying miners within it's own walls. Probably something a lot more substantial than what they are sell for Pre-Order now.
he he...i already claimed that one beforehand...Phil to the rescue...
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I sell PSU for S5 (and S3) in marketplace-link is in my signature below-way cheaper. Why do you need 1000W PSU for S5 which consumes only 590w?
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Personally I am just happy to have Spondoolies "surface" again and resume communication. Clearly they didn't say the right words or prepare the right kind of PowerPoint slide to extract $116M from the VC guys in California.
me too, actually. i always felt that it was not good for anybody that they kind of disappear for a while. it remains to be seen if they will engage the retail again.
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my latest on the two I ordered are Shenzhen, China 09/22/2015 11:15 P.M. Arrival Scan
hopefully they depart quickly and make it through customs without a hitch
it is very confusing..sometimes i just wait a couple of days without looking-all time related info is contradictory (later times posted earlier and vice versa)
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few points: 1. this is not a miner, most and foremost upon further reading. 2. I detect some jealousy from the SPT. Yeah, 0.16 is not great. Looking forward to something better than 0.16 from you at a stable/stablish price, otherwise this is just academic. 3. Miners that are only mining, then selling their coin do not make a ecosystem with a balance of buys and sells, hence the relentless price decrease in the last 22 mo. 4. This computer MIGHT provide an impetus for the development of services, which for me as a bitcoin supporter would be a good thing. 5. Obviously, $400 price is a bit steep for individuals, but maybe OK for somebody. Of course, around $200 would be much better (See #6). 6. somebody posted that the sum of parts for it is ~$250. In order to encourage use, they should sell it at cost initially. https://bitcointalk.org/index.php?topic=1186115.msg12494550#msg12494550
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@Zvisha: thanks for you Spondoolies work-awesome job, man. Since you are not directly involved with Spondoolies any more-what is your take on 21co bitcoin device? Interesting or meh?
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Saying there'll be a "constant stream of bitcoin to your computer" is either a lie or a very annoying process.
that's true...it is probably a redirect or something. well, the way I see it...they put out a toy for $400 (1/5 of antminer s7). Some kids would rather pay $400 than $2000 PLUS you get some goodies in addition to mining. they are also saying that the chip could be added pretty much anywhere...this I certainly don't see (for example, iphones, etc.) since there is not much power there.
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21 has a bunch of positions listed on Angel.Co: https://angel.co/21/jobsThey claim to have developed a chip that can be put into any internet connected device. The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software. -Fuse I like the names of some of their positions: "Growth hacker"-sounds interesting. Growth hacker is a pretty common term nowadays with tech startups. It's basically a marketing specialist. Data scientist is another term I've been fond of... basically a DB code monkey.Back to 21 though. I could see this being a big part of the attempt for IOT. Kingcolex has the idea. I could see putting these in the LED, wifi-enabled, bulbs that have huge heatsinks. I'd replace all the lights in my house! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I applied for the support engineer position. I'll see if I get a call. lol -Fuse i thought data scientist is rather an expert in R. I also see an appeal in this: In terms of physical goods, you can also use the 21 Bitcoin Computer to rent out any internet-accessible device on a per-use basis. For example, you can allow people to submit jobs to printers and 3D printers for bitcoin, or set up a smart lock that accepts bitcoin to open a door. Because the 21 Bitcoin Computer is a full computer, you can make essentially any internet-accessible device bitcoin-rentable. It does not specifically mentioned lamps, but if it has wi-fi capabilities and so do lamps, presumably, then 21 co device could act as a bridge, I guess. If "mining" lamps would produce light as a normal lamp would and cost $15, I don't see a problem to get them. My master bathroom alone has 12 lamps, so I can easily accommodate 20-30 of those around the house. instead of renting, you could just push your work to a pool via the 21 co thingie.
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21 has a bunch of positions listed on Angel.Co: https://angel.co/21/jobsThey claim to have developed a chip that can be put into any internet connected device. The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software. -Fuse If it is their same chip in this miner 125gh in a lightbulb or other devices seems pretty damn nice actually, I may be doing the math wrong but 125gh/s would be 20w right? My bet is that the .16J/GH is at 50GH, and not 120GH. That works out to 8W which is interesting and within striking distance of a USB port that's can supply almost 2Amps. Push it to 120GH, and you are no longer in USB territory. 20 light bulbs (say, each $15, 20w=125Gh for mining, rest for light)=2.5TH, then it all converges through wi-fi on this device and you've got 2.5-2.6Th for $700 and only 416-420W used for mining. Edited: 20w for lamp, resulting in slightly different power numbers.
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21 has a bunch of positions listed on Angel.Co: https://angel.co/21/jobsThey claim to have developed a chip that can be put into any internet connected device. The RPi computer aside, it would interesting to see what they can do with their chip, and whether you start seeing mainstream point of sale systems with integrated bitcoin hardware/software. -Fuse I like the names of some of their positions: "Growth hacker"-sounds interesting.
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No hashrate, no technical specs...
This is from their page its pretty far down the list though. "21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second." I really want to justify it to be able to try something from them. But at 400 dollars for a RPI and a board thrown on top I cant do that. This has to be one huge profit margin item. But i find the joules per gigahash interesting they are beating the S7. If they would make a "real" miner with that chip could be nice. https://blockchain.info/pools4% of the network, I am pretty sure they have real miners with that chip just nothing we have seen yet. By the way it is 128gb sd card (50$) rpi 2 and wifi adapter (50$) 120gh stick miner (50-100$) board with unique api and tools (full node out of the box )~200$ it is a lot in one package but it is the very first release and it isn't meant for everyone according to their site "As we have noted above: this is a machine built for developers and early adopters. " When they push out for the mass population expect a different price and a much nicer package. Sure they have it internally. But we don't really know if we will see them anytime soon. I am happy they are at releasing something even though i think it is more PR then a product they expect sales on. If they release "real" miners at a decent price and more efficient then the S7 then I think it will be exciting. I hope they do choose to release more to public as that would help instead of having 1 main company like it is now. I think the gist of it is that the aim of this product is to get you bitcoin income stream for services in addition to mining.
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No hashrate, no technical specs...
This is from their page its pretty far down the list though. "21 Bitcoin Chip has an efficiency of approximately 0.16 Joules per Gigahash and can calculate 50-125 Gigahashes per second." micropayments services support is maybe something that could be exciting, mining alone-of course not, despite pretty good efficiency of 0.16w/Gh. College students might like to fiddle with this. In addition: Because the 21 Bitcoin Computer is a full computer, you can make essentially any internet-accessible device bitcoin-rentable. This basically means that it would be easy to rent out your hashing power if you want to do it without going through third party services.
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$400 for an API, a couple apps, and 50-125GH of hashing @ 0.16gh/j ?
redditors think that it would be a developer tool and a way to get bitcoin income from your unique services.
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Bamm! https://21.co/http://www.amazon.com/gp/product/B014RD021C?camp=1789&creative=9325&creativeASIN=B014RD021Ccoming on Nov 16, opened for preorder. They will probably explain everything tomorrow at the Cisco meet. The 21 Bitcoin Computer is the first computer with native hardware and software support for the Bitcoin Protocol.
It allows you to:
Buy digital goods with the constant stream of bitcoin mined by a 21 Bitcoin Chip Sell anything to anyone for bitcoin with the built-in 21 Micropayments Server Easily build Bitcoin-payable apps, services, and devices Operate it as a standalone computer, or connect it to any Mac, Windows, or Linux machine
It includes:
A powerful command line interface A 128 GB SD card loaded with a full copy of the Blockchain A suite of pre-configured Bitcoin-dependent software All the items you need to get started - including a WiFi adapter, laptop-to-device cable, Raspberry Pi 2, and power supply
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I wonder if Zvi/software lead is still with the combined company?
Zvi co-founded his own company this year and is working for MS, so if he's still involved he's definitely a busy man. what's MS? Microsoft? Edit: nevermind, it's just Microsoft's TED team (maybe a consult or a summer gig), re Spondoolies it says-Present.
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So, the merger of Spondoolies with BTCS is apparently a done deal. http://finance.yahoo.com/news/btcs-spondoolies-tech-sign-definitive-123700992.htmlFollowing the merger, Charles Allen will remain the CEO and chairman of the board of the combined company and Yuval Rosen will join the board and be appointed as BTCS' CFO. Guy Corem, Kobi Levin, and Gadi Glikberg, current executives of Spondoolies, will also be appointed officers of the combined company. I wonder if Zvi/software lead is still with the combined company? I think that Spond took a pause and allowed Bitmain to exert too much influence on the retail marketplace. Hopefully, they will reconsider getting out of retail. I am pretty sure that 28 mil that Spond sold last year would make quite an impact on BTCS valuation going forward. Relying only on self-mining is riskier, in my opinion. They (BTCS/Spond) still have the window open until Dec 31. If they come up soon with a reasonably priced 16nm solution, it would be uncanny.
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I bought on the first day, but probably later that day-no shipment info yet (unshipped in the account).
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