If I can't mine'um, F#%K'um  |
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maybe we can setup an exchange ACOINS <=> BTC
Loving that idea, looks like we have a new fiscal game in town. |
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Given this view, the BTC price will eventually equal to the electricity cost for each miner in average, given 3600 miner and average 1 BTC per miner per day, if the price really reached 200$, that means each miner will be able to put in 1000Kwh electricity to mine 1 BTC per day, that is crazy, heavy pollution
I guess but what about alt energy? If your using say solar panels to produce the energy you need to run your rigs would you still call that pollution? I know the majority do not have that option but I think over time folks will figure out ways to work the electrical issue to achieve the results they want and that could turn more people to alt energy. Just saying, |
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I believe 17 has became the new 12, price won't deviate much from 17 (+-2) and will stabilize at this level for a while.
I would tend to agree except when ASIC's hits (and it will some day  ) but until then this is a good stopping point. It is almost like yesterday was a stress test of the system to see how much the market could handle, just an idea. |
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You have 30 posts...
That's why its only .3 but if he had 60 posts it would be .6. |
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Oh that is funny, I think I know how that company started getting into Bitcoins but I am not telling.
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there is no delay in CC refunds - only short delay in BTC refunds because we need to buy more BTC
So, THAT is why the exchange rate has jumped from $13 to $17. I have seriously suspected this was you the whole time No jokes! Exactly what i thought, not that i'm grumbling though, it's meant my fpga's i bought 8 weeks ago have nearly paid for themselves already Hey silly question but if Tom only has so much money and he has to refund a certain amount but he has to use bitcoins to do it and they go up in price wont he run out of funds? Seems like an issue unless he plans to spend more money then what he took in to cover bitcoin ordered gear. Maybe I am looking at this in to simple of a manner. |
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Not sure if anyone cares but bitfloor is doing just fine, a little slow on payouts but getting my money with no issue. |
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Mega+refunds+ possible ASIC from Avalon. Mega and Avalon hit about the same time according to their clocks. Stay tuned.
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Sweet another company I can pre-order with. I wounder if they take PayPal |
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Possable that Rome is burning?
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I don't think they got 95 chips only but I would like to know what they did get and how many batches are on the way. Dish and congrats.
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Looks like a good booth plan for the CES crowd.
Not really. They're not at the LVCC, but at the Sands Convention Centre. That's like half an hour away from the "real" CES. The Venetian is where all the startups are located, and it is where all the major companies go to scout emerging technologies. Most of those types of people don't bother going to see the main hall with Justin Beiber and 50 Cent. We are absolutely in the right location for the people we want to reach. I agree, the main hall is the general and flashy crap but the Venetian and other satellite locations are where the money people go. |
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I think we are moving out of a phase of the computer revolution but this revolution will have a long way to go. The dot com phase is going to move in the next five years to one that is going to be sad. If you look at companies like Google, GE and others they are working on the next "internet" and the government has one running as well. This next phase will be more controlled so only a few will have access to it kind of like cable T.V. is designed for the masses but controlled by a few. At this point it will be interesting to see if the general public is smart enough to support something that is more open that anyone can support or will they be lulled into paying a small fee, giving up all their data for free and use one finger for touching their screen (or I hope heads-up display) to work on the new internet. I agree with the currency suggestion but I am not sure how that will turn out and who will lead but I hope it will be bitcoin. I also think that the traditional government model is in trouble and is too slow to change to meet the needs of those who back it. The general public will start to undermine the government more and more by implementing things faster and sell governing causing a control issue that will result in change. As they say, hold on to your seat because it is going to be a bumpy ride. Oh look here comes a cliff . |
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More then what they are today.
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Right now I would say buy bitcoins and wait until ASIC. Buy more hardware that will take a long time to pay off is a bad investment at this time. But bitcoins may crash when ASIC hits so who knows.
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