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781  Bitcoin / Press / Re: 2013-05-09 HB at Business Insider - Bitcoin Just Hit The Big Time on: May 11, 2013, 04:35:56 PM
Another great and supportive article:). It's really a lot of fun reading all these articles about btc that compliment it.
782  Bitcoin / Press / Re: 2013-05-09 HB at Business Insider - Bitcoin Just Hit The Big Time on: May 11, 2013, 04:35:25 PM
I think someone should do a nice Infographic that shows how much money is investing in what part of bitcoin by whom and when... And better yet, have the infographic be live-updated as well, like on a 1-page domain.

These VC stories are starting to really get crazy-exciting. I'm headed over to coinbase now in fact. Wink

I would do that however its hard to constantly track the real life name of who is doing what with btc if they want to stay anonymous. I'll go do some research into it maybe I can keep track of VC's investing in BTC.
783  Other / Beginners & Help / Re: Anyone interested buying some ripples ?. on: May 11, 2013, 04:32:24 PM
There are multiple threads out there with people wanting to buy ripples at around 1BTC / 10,000 ripples if I remember correctly.
784  Other / Beginners & Help / Re: I just WON 51btc from satoshi dices BY ACCIDENT!!! on: May 11, 2013, 04:31:44 PM
Lol congratulations you are a lucky person. I would recommend stopping now when you have your reward and not sending it all out and losing it:).
785  Other / CPU/GPU Bitcoin mining hardware / Re: Ready to buy an ASIC miner... do they really EXIST? on: May 11, 2013, 04:17:12 PM
Ok so I have the funds to purchase a new dedicated rig and stop toying with with 10 hd 5830s, 5850s, and 7850s...

I am READY to buy one of these ASIC rigs from butterfly or Avalon but do they even really exist?

Help?

- Blackout

The simple answer to your question is yes, they exist. However by the time you get it shipped to you, the profitability will have significantly decreased.
786  Other / CPU/GPU Bitcoin mining hardware / Re: Theoretical wait time on BFL 5.0Gh if ordered now? on: May 11, 2013, 04:16:29 PM
I would say at least months and months. What I would be more worried about is if you would make your money back because everyone who ordered it previously would have an Asic by now and the profitability would have decreased significantly after the difficulty increased.
787  Other / CPU/GPU Bitcoin mining hardware / Re: 20gh/s system, need advise on: May 11, 2013, 04:13:32 PM

You would have been so much better off putting that $15k into buyitnow ASICs or even FPGAs. You're going to have to power and cool 8KW of cards, and with the amount of planning demonstrated so far its going to go terribly wrong Sad

My 26GH system cost the equivalent FIAT today of about $11k, only generates 250W of heat and
 sits on my windowsill.

He's trying to mine LTC and the last time I checked Asics don't do too well for LTC if work at all. Though if he was trying to mine BTC, I wouldn't recommend a GPU rig either unless he was planning on switching to LTC once the difficulty jumped.

788  Other / CPU/GPU Bitcoin mining hardware / Re: Got 18x6870 - Need Advice on MOBO/PSU/Risers on: May 11, 2013, 04:09:03 PM
Just wondering why would you order if you haven't researched exactly what components your going to need yet, just seems like a bad decision to me. However, for LTC mining, you don't need too much ram if you use cgminer so just around 2 gb should suffice. Best of luck with your rig!
789  Other / Beginners & Help / Re: Hi everybody on: May 11, 2013, 03:41:29 PM
So many replies , thanks everybody for the warm welcome Wink  Cheesy

Welcome to the forum:), and you welcome. This is a very nice and open forum so I'm glad you have enjoyed the warm welcome and I hope you enjoy your stay on this forum.
790  Other / Beginners & Help / Re: are we allowed to talk about ripple in here on: May 11, 2013, 03:28:51 PM
I've heard many things about ripple not being good because of a for-profit company behind them, however the only reason I got interested in them was because of offers here where people were paying 1 btc for 9000 or 10,000 of them.
791  Other / Beginners & Help / Re: Buy bitcoins in Angola. on: May 11, 2013, 03:26:15 PM
This site seems to have ways to buy bitcoins in angola through the major exchanges: http://howtobuybitcoins.info/ao.html

Good luck sending the money though I have no idea how to do that.
792  Other / Beginners & Help / Re: Greetings everyone on: May 11, 2013, 03:09:25 PM
Hey welcome to the forum Grin I hope you have a nice day too and learn a lot and enjoy your time here Smiley
793  Other / Beginners & Help / Re: USB Powered Miner >300MH/s on: May 11, 2013, 03:07:27 PM
If you can get this to work with LTC pm me, (for the price and 300kh/s hash rate) though for btc with Asics its not worth it at that price.
794  Other / Beginners & Help / Re: Avalon Asic Shippments Batch 2 on: May 11, 2013, 03:04:49 PM
Come on, asking for a weekly update isnt Amazon service. No news is good news is bs when they still havent shipped even all batch 1 orders.

It takes 1 minute to post a topic or reply on this forum. Is that 1 minute going to kill thier production time? If so, what kind of production are they running in the first place?

Any company that can solicit hundreds of thousands in orders and manufacture Asic bitcoin super machines certainly could post once a week an update.



Yes your right it only takes 1 minute. And as you said any company that can solicit hundreds of thousands in orders could certainly post a once a week update. so hundreds of thousands times one minute is hundreds of thousands of minutes a week, or thousands of hours which is tens of additional workers. We know there reliable enough since they have shipped batch 1 so no we just need to be patient and wait for batch 2.
795  Other / Beginners & Help / Re: How many bitcoins do you have? on: May 11, 2013, 03:00:09 PM
.00001291 btc
.19 ltc
.50 trc

I'm not very good at this and just started:). Plus I'm using my laptop to mine:(... its a alienware so the cooling is fine but still gets me hardly anything. However, I'm using my laptop as I learn everything and then soon I'll get a custom GPU system.
796  Other / Beginners & Help / Re: Longtime Lurker, shorttime member, 1st post on: May 11, 2013, 02:58:34 PM
Sup, welcome to the forum. I hope you enjoy your stay and learn a lot of interesting and exciting things about bitcoins  Grin
797  Other / Beginners & Help / Re: Hello, I'm a newbies. on: May 11, 2013, 02:58:02 PM
Welcome to the forum. Enjoy your stay and be careful about any scams that you may encounter!
798  Other / Beginners & Help / Re: Rent space on a mining server. Mining United, Make extra bitcoins. on: May 11, 2013, 05:11:38 AM
Looks interesting. However, I'll be honest with you if a system could pay you back 10% or more with just signing up after a few days of work everybody would do it. I believe that is a scam regardless of how much proof you give, unless you want to lend me .05btc to try it out:). In that case pm me and I'll try it out and report if it was a scam or not more me.
799  Other / Beginners & Help / Re: Is Newbie Status Really That Hard? on: May 11, 2013, 05:09:26 AM
It

Edit
I was going to say: it causes pointless posts. I was going to use one post per word but it looks like I need to wait 5 minutes between posts. I was goint to do this to reach my 5 post threshold. I get that spam may be a problem, but this is a pain for new users. I'm not even that new, I've been lurking for a while, but it is my belief that if I have nothing useful to say then it's useful to say nothing. My first post here was about a technical question to do with the mtGox websocket API, but I got no replies, most likely because I wasn't posting somewhere people interested in that stuff read. I really don't want to have to make a bunch of meaningless posts, "Hey, BTC is teh bomb!" or somesuch. It's a waste of time for me, anyone who reads such pointless posts, and of the site's bandwidth. Perhaps I'll finally grow past my newbie status in another few months, but I refuse to jump through hoops for anyone, even you guys.

Grrrrrr!

Smiley

Lol:). It does cause some pointless posts, however when you look at it the other way you will have a maximum of five useless posts for each user and then you won't really have them as much anymore because there is really no advantage to people posting anymore. Five useless posts per user seems a lot better to me than people bot spamming posts by the dozens or more:)
800  Other / Beginners & Help / Re: Is Newbie Status Really That Hard? on: May 11, 2013, 05:08:09 AM
Aye, waiting around for 4 hours is painful

Its interesting I've heard some people saying the waiting is the hard part and others saying that the five posts are the hard part. I would recommend just browsing and trying to learn more about bitcoins while being logged in in order to solve your waiting problem if the posts are easy for you.
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