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7941  Economy / Service Announcements / Re: [OPEN] ASIC Mining Hosting Management Service - Power @0.02/Kwh (WA) on: June 15, 2013, 08:04:54 PM
Will you have insurance if the idiot next to me mining on a 120C Jap explodes and burns down my ASICs?
7942  Bitcoin / Hardware / Re: HashTech Avalon Clone Hashing Modules 22GH/s - 8.99 BTC on: June 15, 2013, 08:01:19 PM
:/ I'm always the first naysayer in almost every ASIC thread, and the one I manage to refrain from abusing and close they give out free hardware to the naysayers? FUCK MY LIFE
7943  Bitcoin / Hardware / Re: ASICMINER Blade Sales [Temporarily Out of Stock] on: June 15, 2013, 04:35:55 PM
Its possible but needs specialist equipment
7944  Bitcoin / Hardware / Re: ASICMINER Blade Sales [Temporarily Out of Stock] on: June 15, 2013, 04:12:06 PM
Anyone know a way around the Blades resetting to a low clock after being disconnected from a pool for a while ? Consistently happens for me when Bitminter goes offline Sad
Only happens on B1 firmware.
7945  Economy / Securities / Re: Is it possible to buy stock in Avalon? on: June 15, 2013, 06:24:33 AM
My sarcastic answer was fucking no.

If you're asking to "buy stock" in a private, unlisted company then you need to go back to school (google.com).
7946  Economy / Auctions / Re: [WTS] 8 ASIC MINER ERUPTER BLADES 10-13GHs FOR SALE FROM US on: June 15, 2013, 06:16:21 AM
7. I will select the 15 bids that I deem reasonable and will ship on the first pay basis. If you are paying cash I will lock your blade in for 24hrs to give you a chance to pay. If you paid but did not make it in the first 8 I will fully refund you $ or BTCs. For the most part my PM that I am out of blades will be probably quicker than your payment.

If this is an auction, set a reserve or min and a time scale. Otherwise its just you seeing what people are willing to pay and nothing is binding.
7947  Economy / Marketplace / Re: WTS 71 Gh/s Avalon Unit in hand - overnight shipping on: June 15, 2013, 06:14:08 AM
What people seem to be getting horrifically wrong with their predictions is difficulty simply can't rise forever. Follow the chain now:

Proposed: Difficulty will rise to the point that the only widely available ASIC won't be viable [B3 @100 for example. Note that Avalon homebrews are only ~40% cheaper]
-> So if no unit purchased will ROI, ever, who is buying additional ASICs?
-> If no one is buying ASICs, why is hash rate still rising?
-> If hash rate isn't rising, difficulty isn't going up
-> Difficulty plateaus.

Some of these calculations just don't make sense, reaching difficulties of several million. Yes ASICs are POWER profitable until several billion in some cases, but they're not PURCHASE profitable. Not purchase profitable = no new ASICs = no rising difficulty.

Its a catch 22 that difficulty will rise at an extreme rate for a sustained period of time, making everything unprofitable.

Yes, but...even if we have 6 months or so of say 25% increases every two weeks, that's enough to make this and many other ASICs unprofitable. It doesn't have to rise exponentially for years. There are a zillion preorders, chip orders, ASICMINER upgrades, etc. in the pipeline which will likely be produced and put online. That is sufficient for the difficulty increases that make blades, USB eruptors, 250 BTC Avalons, etc. unprofitable. I think we will see 100M by November, and maybe 200M by 1Q2014.
And at 200M with ZERO growth you'd need to be able to buy hardware at 0.1btc/GH, ie 3% of the price you'd pay today.

No ASIC will achieve such numbers, probably even for the manufacturer. Hence, its very, very unlikely that a 200M would be sustainable and would likely fall off. People seeing no return for mining -> turn off equipment.
Anyone know what a GPU miner makes today? I want to plug in the number and see when they no longer make anything substantial.
0.32 USD/24h@100MHash/s
At pretty much 1btc=100$

So a 600MH 7950/70 = 0.0192btc per day at 15.6M difficulty.

So at 200M, that'd be 0.0015btc per day. = 15cence a day.

200W per card = 4.8Kwh which at 0.15cence/kwh = $0.72

tldr:
7970 revenue @ 200M = 0.0015btc = 15cence a day.
Power costs a day = 72cence a day
=fucked.

Even at today's difficulty it would take a fresh $350 7970 =182 days at fixed difficulty
7948  Economy / Marketplace / Re: WTS 71 Gh/s Avalon Unit in hand - overnight shipping on: June 15, 2013, 05:19:41 AM
What people seem to be getting horrifically wrong with their predictions is difficulty simply can't rise forever. Follow the chain now:

Proposed: Difficulty will rise to the point that the only widely available ASIC won't be viable [B3 @100 for example. Note that Avalon homebrews are only ~40% cheaper]
-> So if no unit purchased will ROI, ever, who is buying additional ASICs?
-> If no one is buying ASICs, why is hash rate still rising?
-> If hash rate isn't rising, difficulty isn't going up
-> Difficulty plateaus.

Some of these calculations just don't make sense, reaching difficulties of several million. Yes ASICs are POWER profitable until several billion in some cases, but they're not PURCHASE profitable. Not purchase profitable = no new ASICs = no rising difficulty.

Its a catch 22 that difficulty will rise at an extreme rate for a sustained period of time, making everything unprofitable.

Yes, but...even if we have 6 months or so of say 25% increases every two weeks, that's enough to make this and many other ASICs unprofitable. It doesn't have to rise exponentially for years. There are a zillion preorders, chip orders, ASICMINER upgrades, etc. in the pipeline which will likely be produced and put online. That is sufficient for the difficulty increases that make blades, USB eruptors, 250 BTC Avalons, etc. unprofitable. I think we will see 100M by November, and maybe 200M by 1Q2014.
And at 200M with ZERO growth you'd need to be able to buy hardware at 0.1btc/GH, ie 3% of the price you'd pay today.

No ASIC will achieve such numbers, probably even for the manufacturer. Hence, its very, very unlikely that a 200M would be sustainable and would likely fall off. People seeing no return for mining -> turn off equipment.
7949  Economy / Marketplace / Re: WTS 71 Gh/s Avalon Unit in hand - overnight shipping on: June 15, 2013, 03:45:50 AM
What people seem to be getting horrifically wrong with their predictions is difficulty simply can't rise forever. Follow the chain now:

Proposed: Difficulty will rise to the point that the only widely available ASIC won't be viable [B3 @100 for example. Note that Avalon homebrews are only ~40% cheaper]
-> So if no unit purchased will ROI, ever, who is buying additional ASICs?
-> If no one is buying ASICs, why is hash rate still rising?
-> If hash rate isn't rising, difficulty isn't going up
-> Difficulty plateaus.

Some of these calculations just don't make sense, reaching difficulties of several million. Yes ASICs are POWER profitable until several billion in some cases, but they're not PURCHASE profitable. Not purchase profitable = no new ASICs = no rising difficulty.

Its a catch 22 that difficulty will rise at an extreme rate for a sustained period of time, making everything unprofitable.
7950  Economy / Securities / Re: Is it possible to buy stock in Avalon? on: June 14, 2013, 04:56:48 PM
Can I buy your house?

Sure, how many Bitcoins are you willing to part with?
How many bags of dogshit do you want?
Not accepting dogshit, I asked "how many Bitcoins..." You can have my house for 1000 BTC.
I was merely proposing what you did in the OP.
7951  Economy / Securities / Re: Is it possible to buy stock in Avalon? on: June 14, 2013, 04:25:18 PM
Can I buy your house?

Sure, how many Bitcoins are you willing to part with?
How many bags of dogshit do you want?
7952  Economy / Securities / Re: Is it possible to buy stock in Avalon? on: June 14, 2013, 04:14:35 PM
Can I buy your house?
7953  Bitcoin / Hardware / Re: ASICMINER Blade Sales [Temporarily Out of Stock] on: June 14, 2013, 03:06:30 PM
I'm still looking for buyers and sellers. Big list of both, just matching people up by region, price and requirements Smiley PM me for details, things moving quickly.
7954  Economy / Marketplace / Re: 3D Printer for Bitcoin on: June 14, 2013, 01:04:01 PM
Using laser can melt however there are a lot of issues to be settled, there is a form of sand 3d printing especially when using such metals.

I am aware you can MELT copper, however there is sensible process for additively manufacturing with copper. Some people have tried it with SLS but its just.... no.... It doesn't work out too well and you need a KW laser. SLS machines are also not very office friendly due to the dust/atm control and lasers.



Not being office friendly is really an understatement Smiley
There are a few SLS machines in our lab, and you *could* put one in an office in a side room. The only real problem is hacking in the ventilation system.
7955  Economy / Marketplace / Re: 3D Printer for Bitcoin on: June 14, 2013, 12:30:05 PM
Using laser can melt however there are a lot of issues to be settled, there is a form of sand 3d printing especially when using such metals.

I am aware you can MELT copper, however there is sensible process for additively manufacturing with copper. Some people have tried it with SLS but its just.... no.... It doesn't work out too well and you need a KW laser. SLS machines are also not very office friendly due to the dust/atm control and lasers.

7956  Bitcoin / Hardware / Re: Can KNCMiner really deliver 28 nanometers? on: June 14, 2013, 12:21:01 PM
If you don't get your unit until middle/end of august, you won't see your money back. That's not great odds.
7957  Bitcoin / Hardware / Re: ASICMINER Blade Sales [Temporarily Out of Stock] on: June 14, 2013, 05:10:47 AM
The blades are temporarily out of stock.

Please wait till late June to early July for newer blades with improved design and better price.

Estimates?
Still targeting 13GH for 120W?
Just smaller mini blades?
Estimated price?
7958  Economy / Marketplace / Re: 3D Printer for Bitcoin on: June 14, 2013, 03:07:28 AM

If they can print with metals (maybe lower melting point type) that would be fantastic.
Directed energy deposition can. Types of binder jetting can but cheatingly using an infiltrator.

If anyone wants advice on specifics, machines, materials, limitations etc then pm me. Just finished 2 semesters learning from one of the most advanced additive labs there are.

Are you into 3D printer design using copper?  If yes I guess we can form a virtual team Smiley
I can't think of any method that could use copper. Copper's melting point is ~1100 and at those temps creates massive problems with oxidation which destroys its properties.
http://www.copper.org/publications/newsletters/innovations/how/howdo_tube.html
7959  Economy / Goods / Re: Possible Lots for Sale - $125k (~ 1250 BTC - 6/13/13) near 412 on: June 14, 2013, 02:47:59 AM
Banhammer in 3, 2...
7960  Economy / Auctions / Re: [WTS] 5xASICMiner Erupter Blades on: June 14, 2013, 02:32:21 AM
are you serious, you use a camera for screenshots  Huh

never heard about the function "printscreen"  Grin

sorry, but you are running high-tech-equipment and dont know the basics ...


Because you could photoshop screenshots in fucking paint *sigh* Its a hell of a lot harder from a camera, especially a low quality one.

No kidding, screenshots are proof of nothing. When it comes to 'proof' the rule is do NOT use screencap, always cap an 'analog' environment.



You can just as easily photoshop an image and then take an analog picture of the photoshoped image. This would propably make the fake even harder to discover as a low quality analog picture could hide details that would allow you to discover the fake.
How do you know the foil in your tin foil hat isn't bugged?

Blades were sold.
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