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Are there any updates? Like did you get the payment updated and are you still doing daily payouts?
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I have been considering getting a domain name to make a bitcoin gambling / game site. Your domain name seems like it could make for a very good site in this genre, especially one dealing with cards or dice. I feel like I would be a good choice to give the domain to because I already have ideas in mind that it could be used for, I am new in the field of bitcoin websites (which would make this a great opportunity for me, a free head start), and I already have hosting that the domain can be transferred to. With all these factors added along with my knowledge of bitcoin makes me feel as if you should chose me, or at lease someone similar to my ideals.
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I have legitimately used this with my family. Why is it so hard for people to understand the concept of currency (meaning that bitcoin is a currency)? Bitcoin is backed by the same thing as USD... hope.
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You could buy a human being.
Skull W/ Teeth - $1,200
Eyes (Pair) - $1,500
Scalp - $600
Liver - $157,000
Heart - $120,000
Skin - $10 per square inch
Finally, this sounds like a great crazy shit to buy with bitcoins  Those are just the prices of the parts and pieces....if you buy a skull buy me one too? xD Anyways, there's also places to purchase human skin items with regular currency (ie Euro and USD) An example is http://www.humanleather.co.uk/humanleatherproducts.html where you can purchase wallets, belts, and shoes. Then of course as always there are the mock sites such as http://100humanleather.com/en/ which don't seem to understand that human leather is actually legal to obtain. I can't be the only one on here wondering how this works... How do companies get human leather and if it is what I think it is how is this legal? It's legal to obtain body parts of human beings either in the name of science, last will and testimony, or by paying the family of the deceased after a contract with the person. Not necessarily only in america, plus only the first sight was legit. There is a lot of money and a lot of legal stuff to go through, so even though human skin goes for about $10 per square inch, it's a lot more expensive in total. I personally want a skull. Like really bad xD |
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I think this is a beautiful idea. And the psycology of it might make users feel better with themselves, as it is a larger number than currently used. (This would make people feel as if they have more). Doing something like this might also encourage people to randomly tip bitcoin to people in order to spread the currency.
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Nice shirt. Just a bit off center. I've been tweaking the design of a shirt I'm making for a fundraiser (explanation in link and link in signature) https://www.booster.com/btc#share_storyI feel like I got what I needed right and it's still simple. Links to bitcoin.org |
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Well that's a shitty post.
HAHAHA... humor
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Im glad I'm not the only one who clicked the thread thinking it would be Ozzy. Haha.
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I think it's funny. I had never seen or heard of this video until this morning, then when I come to the forums to browse around I just so happen to see a thread about it.
Fate? Nah, physics.
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The only reason I'm with apple is because I don't even own a phone, but an iPod. They're good for music, which is what I use it for. As soon as I get around to needing a cell phone I'm going with android though, mostly because it appeals to my tastes a lot better and is more open source to code.
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I honestly believe bitcoin will continue rising, possibly even to the $1k mark.
Simply because more and more people are becoming involved with it.
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Because there are variables, there is a formula. As always with these things. The formula for BTC per GH/s is
difficulty * 2^32 / hashrate
In order to get the money out of this you just convert the BTC to whatever currency it is
(difficulty * 2^32 / hashrate) / (BTC / currency )
Not quite... difficulty * 2^32 / hashrate will give you how many seconds you would expect it to take to find a block. The if you took 25 and divided by that number, you'd get how much BTC you'd expect to earn a second. So, to calculate expected earnings per GH/s, this is the correct formula: 25 / (18736441558 * 2^32 / 1000000000) = 0.00000000031067
Therefore, at current difficulty, 1GH/s = 0.00000000031067 BTC/s. This, however, is not what the OP asked. The original question was how to figure out a system's dollar per GH/s, which is simply the cost of the system divided by the hash rate of that system in GH/s. So, if you paid $1000 for a 1TH/s miner, it's $1 per GH/s. If you want to figure out operating costs, that's easy, too. Just take the rated power consumption of the miner, translate into kw and multiply by the cost of your electricity per kWh like this: So, at 10 cents per kWh, a 340 watt miner will cost $0.034 an hour to run, or $0.816 a day. Now to figure out your expected earnings after you've factored in power, you simply take the first number 0.00000000031067 and multiply by 86400 (seconds in a day) to get 0.000026841888 (which is how much BTC 1GH/s expects to earn in a day). Now, convert that to your fiat (I'll use a conversion ratio of 1 BTC -> $590 USD) which is $0.01583671392 per day. So, now that you know how much each GH/s will earn you in a day in USD, multiply the value by the GH/s of the miner and subtract out the daily power costs. Of course, you could just use the formula I posted and give the appropriate hash rate there (instead of just calculating earnings for 1GH/s) like this (I'm using the Antminer S3 as an example): 25 / (18736441558 * 2^32 / 440000000000 / 86400) = 0.011810256
0.011810256 * 590 = 6.96805104
6.96805104 - (0.34 * 24 * .10) = 6.15205104
Therefore, right now an Antminer S3 expects to make you $6.15 a day assuming $590 per BTC and $0.10 per kWh power costs. Oh sorry. I rescanned the whole thread and found out what he meant.. I misunderstood the quesrion. Also thanks for the full formulas, I guess I've been running on the wrong ones. |
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So the project is done and the bounty no longer available? Darn.  Sorry Well if you want help with anything along these lines, or have any advice, I am open to it. I evolved my idea for an ATM into a Bitcoin VISA card. You might see it around the forums soon, once I have it all planned out. I could sell you what I have of my business. I have a really good domain. The vending machine. Hundreds of professionally made cards with codes hidden behind a scratch off section on the back and a database of the codes. Let me know if you are interested. I messaged you. |
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I honestly believe that once we break the 10k Barrier, the price will increase exponentially afterwards...20k and 30k will be quick to fall.
This is probably true, because if people don't see the worth in them until then, they will certainly understand the worth when you have five digits on the line. |
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Because there are variables, there is a formula. As always with these things. The formula for BTC per GH/s is
difficulty * 2^32 / hashrate
In order to get the money out of this you just convert the BTC to whatever currency it is
(difficulty * 2^32 / hashrate) / (BTC / currency )
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So the project is done and the bounty no longer available? Darn. Sorry Well if you want help with anything along these lines, or have any advice, I am open to it. I evolved my idea for an ATM into a Bitcoin VISA card. You might see it around the forums soon, once I have it all planned out. |
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We talk all big like bitcoin is going to raise or be the next currency. But I just thought, what about when the people currently using bitcoin die out? And take so many bitcoins that might not be returned to the blockchain if their family or friends either don't know said person had them, or don't know what they are.
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You could buy a human being.
Skull W/ Teeth - $1,200
Eyes (Pair) - $1,500
Scalp - $600
Liver - $157,000
Heart - $120,000
Skin - $10 per square inch
Finally, this sounds like a great crazy shit to buy with bitcoins Those are just the prices of the parts and pieces....if you buy a skull buy me one too? xD Anyways, there's also places to purchase human skin items with regular currency (ie Euro and USD) An example is http://www.humanleather.co.uk/humanleatherproducts.html where you can purchase wallets, belts, and shoes. Then of course as always there are the mock sites such as http://100humanleather.com/en/ which don't seem to understand that human leather is actually legal to obtain. You can buy me for a week with 100 BTC .... you will have something like a personal valet! I feel like you didn't intend to quote me. I have all of this Skull W/ Teeth - $1,200 Eyes (Pair) - $1,500 Scalp - $600 Liver - $157,000 Heart - $120,000 Skin - $10 per square inch so yes I did intended! also the extras I have are Kidneys Fingers 2 Balls 1 Cock Hair ... etc I only mentioned the items that actually have a market. |
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You could buy a human being.
Skull W/ Teeth - $1,200
Eyes (Pair) - $1,500
Scalp - $600
Liver - $157,000
Heart - $120,000
Skin - $10 per square inch
Finally, this sounds like a great crazy shit to buy with bitcoins Those are just the prices of the parts and pieces....if you buy a skull buy me one too? xD Anyways, there's also places to purchase human skin items with regular currency (ie Euro and USD) An example is http://www.humanleather.co.uk/humanleatherproducts.html where you can purchase wallets, belts, and shoes. Then of course as always there are the mock sites such as http://100humanleather.com/en/ which don't seem to understand that human leather is actually legal to obtain. You can buy me for a week with 100 BTC .... you will have something like a personal valet! I feel like you didn't intend to quote me. |
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