yes
I'll add 5 million to the bounty for the first site and another 1 million to the next 5
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ALL MY POSTS ARE BEING DELETED FROM HERE See what I mean people, stay far away from koolio, he is the biggest butthurt child on this forum. Stay clear of btc-e until he gets off mod status there too. why are you deleting your own posts?
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welcome to 2 months ago!
ah so it was in the api back then?
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I was banned for over 12 million minutes on BTC-E chat box by koolio for calling him a child... and he is banning people every few minutes including himself.... It just goes to show you how unprofessional and childish he is, just look at his history on this forum, he gets his feelers hurt and lashes out at everyone... Can we at least get people to moderate that are over 18 years of age ? you only get banned for that long if you were typing hate speech. I've seen the epic bans. That would be the only reason.
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I've given up on LTC going to gox already so it must be true.
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3-5 year ROI is a sweet spot in business so it can go a little further. but miners will soon have to accept the loss of their investment and mine BTC strictly for the profit margin. they won't be able to add much new hardware to the network so at this point BTC may continue to fall or difficulty will continue to rise to shrink that margin. $180/m on a $2000 investment is a very good deal. You are talking a 9% monthly return? Better than any bond, theoretically.
But as stated that is only going to last for a few more hours as the next difficulty spike with destroy that margin. All undelivered ASICs will be a loss to the buyers, BFL, AVALON and other manufacturers that are out there are going to see orders dry up as too many ASICs came out too fast.
This will result in a lot of ASIC owners dropping out in short order. If I was one I would be putting that ASIC up on ebay very quickly or hope that BTC price appreciates soon. But selling BTC to break even on an ASIC or maintain the power consumption is going to put pressure on BTC for a while.
This will have an indirect impact on alts as alts are pegged to BTC. If Cryptsy or other exchanges open the doors for fiat exchange of alts, this will pave the way for decoupling alts from BTC and make for a more profitable future for them.
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i could reach 1,000,000,000 total coin!!
wish I could have that many coins, make sure your wallet not crashed good question, there should be a limit of the wallet No limit not true. it is probably 19 places past the decimal How many before the decimal? sorry that is what I meant. decimal standard, if there are 8 spaces after the decimal, that leaves you 19 spaces before the decimal to utilize. So maximum structure of a decimal value is 0,000,000,000,000,000,000.00000000
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if you bought an ASIC for $2000 the minute it ships you start mining. You are $2000 in debt, so it is natural to sell some BTC to get that $2000 back. When you sell off BTC so much that BTC/LTC starts to go up it is more profitable to exchange BTC for LTC and then sell LTC. Also since there are a lot of GPU miners that woudl rather have BTC than LTC they will mine LTC and then exchange LTC for BTC.
These dynamics put selling pressure on both BTC and LTC and will last for as long as the network hash rate continues to climb on BTC. Once ASIC profit margins tighten its going to be tight for GPU miners in the LTC mining market.
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so one guy programming and the rest managing the project. doing some due diligence this doesn't sound like a seasoned team of developers here. maybe just one. not sure what to expect anymore.
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why not just get a team that shares in the profits of the exhcange site. then it is free.
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WindMaster is probably the only forum member who has provided more technical understanding about FPGAs/ASICs and scrypt. I would have expected the people that are developing the scrypt FPGA/ASICs would have a similar technical depth.
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i could reach 1,000,000,000 total coin!!
wish I could have that many coins, make sure your wallet not crashed good question, there should be a limit of the wallet No limit not true. it is probably 19 places past the decimal
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The cash is not a problem, I'm going to make it back with my superminer in a day an a half anyway, right?
Send me a link to your favorite board and tell me what you like about it as an FPGA scrypt miner.
not really. the performance gain from an FPGA like this will be nominal. You are stuck between many rocks and a hardplaces. The larger the memory the further away from the processor it is. If you want to scrypt mine with it you will have to code as many threads to run concurrently as possible. That eats up a lot of RAM. Using DDR RAM it has the most space and plenty of bandwidth but to run concurrently its slow. Using QRD or SRAM you get faster processing but it is fractionally smaller so you won't be able to run as many threads. You can't physically get the amount of SRAM available to you. If you want to play aroudn with the just get any Stratix dev board. Bitware and Nallatech are good choices. http://www.altera.com/products/devkits/kit-dev_platforms.jsp
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So does anyone have any feelings about the dev board at the top of the page for a scrypt miner?
good luck. I'm assuming you are buying it for the onboard DDR RAM. You will not be able to get and FPGA that will match a GPU using DDR. You need to utilize on die memory. On die memory is very small, your next best bet would be to get a board with QDR or SRAM but the price points on those would make a marketable unit useless. If this is for academic reasons then it should work fine. If you have cash to burn and want to work with QDR or SRAM you can get one of the Altera Stratus V boards. ($10k to $12k each).
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If you (potential customers) didn't learn your lesson from btc asic then you are retarded, why you say? Because this will be the same, *take preorder, *design asic, *build it, *mine crap out of it (diff goes to hell), *ship it to costumer (or not) when diff is sky high so noone want it anymore, *bye bye gpu mining & since there is one owner of a very huge amount of ltc they control the market, not you (the miner)
that's not so much the fault of asics its the fault of BTC for being susceptible to it. BTC profitability ran too high. It was only natural for large investors to hunt down a technology that would disrupt the market. next gen crypto currencies need to maintain price stability. It would provide a small margin for miners, allow for miner growth, but be immune to disruptions like ASICs.
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...both useful in their own way.
How?
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How many IFC do you have?
How many do intend on mining?
- have 500,000,000 - mining to 9,000,000,000
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