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Bitcointalk either needs to purge the Altcoins, or embrace it and move into being a general cryptocurrency board. I have found it odd that the Alt sections are kept though seemingly despised by many, including the mods and admins.
It's simply time to make a choice as to what this forum wants to be: Bitcoin itself only, or all inclusive.
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Newbie posts everywhere that belong in the Mining Support forum, but litter Speculation, Hardware, and everywhere else instead. The board is choking on mining newbies with "im new how do I mine?" questions every other post, which is not a bad thing in itself, but having it all over the board is chaos. Can we get a Newbie Mining section to curb this? Or mods could do their jobs and move those posts into Support at least? Or bring back the Newbie section and put a mining subforum in it?
There is no difference between Custom Hardware and Hardware and need to be merged, which was discussed somewhere but never done.
Group Buys is a disaster. This forum is the main market for most of the gear out there and it is getting really difficult to browse, and I think should be divided into: a Market board for straight up "cash for hardware" sales and group purchase organizers, and another for cooperative/hosted buys. That may not be the best solution, but the point is I think some division is in order. The mining hardware markets could be their own sections in the actual Marketplace boards, which would be a more logical place for it anyway.
There are some ways to go about this, but as it stands at least to me, the mining boards are an absolute, near un-moderated clusterfrak, and should be cleaned up and better organized.
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erase Butterfly L(ies)abs and cointerra, they are both crap that don't deliver what they promise. If you buy from either of them you deserve what you get (which is screwed) |
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I think they should fix their current miners first since they basically screwed each and every person who bought one with lower hashrate and higher power usage than advertised.
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Anyone thinking they will just give you a 1Th miner for free is dreaming  |
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Well, you won't get very far with the USB Erupters in all honesty. They are now an older generation, and are basically just a novelty miner that would be a good place to start learning about mining without much investment. There is a big list around here somewhere that has what is currently out there for USB miners but I don't have time at the moment to find it.
It is likely you will never break even with them even mining altcoins, as they are only able to mine SHA based coins (like Bitcoin). Scrypt coins like Litecoin are much more profitable at the moment, for which you will need either ATI/AMD graphics cards, or get something like a Dualminer USB (dualminer.com). How profitable they are varies by the minute in which mining with a coin switching pool like coinex.sw, middlecoin, clevermining, etc would serve you well to make best use of your hashpower.
Getting started the USB miners are a low cost way to get your feet wet, but don't expect to become a millionaire overnight as that is not at all realistic.
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DualMiner USB is a product developed to mine Bitcoin and Litecoin(Dual mode) or Litecoin only (mode). Using DualMiner USB to mine altcoin doesn't guarantee to work at this point.
this product is a joke  there is not only extremely high risk given the short time of guaranteed operation, but there is also low reward because apparently you can only mine litecoin. there are many other scrypt-based coins, that offer much better profitability than litecoin. so... high risk, and, low reward ..  These mine any type of Scrypt coin, not just Litecoin. The joke is how well researched your claims are. |
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Maybe they should stick to fixing their current products instead of pre-selling another unproven miner...
BFL 2.0 indeed.
Let the shaming begin
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It's pretty simple when it comes to these contracts. Mining is already a margin game, by selling a contract the mining company is offloading the risk to you and recouping their hardware costs.
But that is the cost of having someone mine for you opposed to doing it yourself, just like any other service.
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Total scam.
Never pre-order from these kinds of sites, unless you want to pre-order a fancy CGI render.
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It left me in a position to buy cheap coins, as I have never once sent money to those clowns.
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This is completely standard bots at work, which happens on every exchange. Nothing to see here
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Bitcoin is going to die again? Well damn, better sell sell sell!
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It just breached the 200s  |
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... If allowed to fail, any of the big banks would have (probably) brought the global economy to a halt ... I don't accept that premise. The global economy actually consists of people doing useful things. Shuffling paper around can facilitate useful work, but it's not indispensible. Humans are inventive and would soon find workarounds if the big banks failed. The world would keep turning. This. There is so much terrible imagery surrounding the Great Depression of the 1930s, but you know 80+% of America was still employed right? A few sour years for sure (like we already had) but I doubt the advancement of civilization would have been halted any. Bitcoin is a direct result of our society adapting itself out of necessity. Our economy is fundamentally broken and controlled by a greedy, fascist few. This is us building our own economy because it has already failed so many of us where fiat has nothing left to offer. There are no jobs (useful things for people to do), the one that have jobs don't make enough to outrun inflation or rising commodity prices, and the entire world is drowning in debt, which fractional reserve banking creates perpetually forever. There is no incentive to keep participating, but every incentive build something new. Bitcoin is creating jobs in a self governing voluntary free market. It is the only thing economically that is growing by leaps and bounds while the banking system begins to burn down. The transition though is going to be messy, but we will find a way. |
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I've been mining on the SHA pool for a while, quite impressed with CoinEx so far and like that new coins are added often.
If I had but one complaint, is that trading is a bit cumbersome with the current interface with so many coins, and the balance column at the very bottom. Having the trading windows accessible from the balance column would be helpful, or another trade view that lets you see the just coins you currently have without the others.
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That's pretty cool  A very interesting way to visualize it. It's crazy how many altcoins appeared starting in May last year |
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When running bootinst.bat (win 7 x64) it just states it can't find the specified path, though obviously I can get into the USB drive just fine to run it. Thoughts? Otherwise this looks great so far, keep up the good works |
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For that kind of wattage you would need a server-room rated UPS to keep it running for very long, which I will also vouch for APC. Most of them feature an auto-shutdown through a USB connection and software if you are not around to shut it down yourself manually and battery power is getting low, opposed to the power running out and your rig just turning off and possibly causing damage or other problems.
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Hello, We are a undisclosed company working who has been working on a custom PCB design for the Gridseed GC3355 (BTC/LTC mining ASIC http://gridseed.com/). The design is complete and ready for production. Marketing, sales platform, etc are all on standby and what we need right now are the ASIC's in question. Our team consists of industry veterans who has decades of experience in their respective fields. We've tried contacting Gridseed, however they currently don't sell their chips separately, however we've been been in contact with, as well as observed other parties being able to get a hold of a significant amount of ASIC's. Can you lobby on our behalf? Perhaps you're good at striking deals, or maybe you're sitting on a bunch of GC3355 ASIC's not knowing what to do with them? Either, or; please contact us. We are very flexible - be it straight monetary, royalty based, branding, etc. Please don't hesitate to message me! Serious offers only please. Thank you! How about some proof that anything you're saying is true first |
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