I'm not even close to a programmer so I have no idea about solutions or whatever to what i'm about to ask but whatever.  In light of what's happening to FTC, is there any way to guard DGC from what's happening there and if so is DGC protected in any way.  I'd sure hate to see that mess come to DGC.

I wish coinchoose would fix the profitability. Ppl are switching because thry think its 250 more profitable and it could end up killing the coin near term just like all the rest when difficulty goes go 50% profitable

Can u fix the difficulty of the alt coins?  They are blowing up the difficulty when profitabilityvis 1/2 stated on the site.

So i guess BLF is about to start shipping.  This is probably not that good for us.  I hope we get our Avalon soon or the network hash rate is going explode without us.

How do payouts work?

my thoughts are that we need to do something with a portion of the funds in the bank.  I would rank them asic aftermarket>blades>AM shares.  But definitely think something has to be done.  There is going to be some risk associated with buying AM shares but then again there is the same risk of owning basic shares. 

Again, there is the hope and prayer on "new tech" there are 2 products ordered.  3 batches of avalons, 2000 total units and they have only delivered 700 of them in the past 6 months.  Not to mention the thousands of BFL that haven't shipped.  Not sure if you haven't noticed but the estimates are already down to 11%.  The network had a few quick blocks early which made it look as if the retarget was going to be much higher, but hashrate isn't actually higher it's flat.  Like i said before, the network follows price as it's main indicator and price hasn't moved in some time and the network is stalling.  I think this company is missing a great opportunity right now. 

I know i'll never win this battle and that's fine.  it's what makes a democracy and i might not be right in my thoughts.  I just feel like the direction at this point is that we'll wait for a great opportunity arrive and like you said better tech will come, but i feel like when that happens it will be a replay of these asics all over again.  And i'd just like to say this.  when GPU's took over people may of thought it wasn't a profitable means at the same point in the process and that was the wrong opinion.  We may be in the early stages of a boom, but we have time to get some profit and hash power before it gets out of hand.  It's obvious that everyone's predictions of hash power dating back to 2012 have not come true in the least.  And the way the network is looking now we may see a retarget below the 8% I gave in my prediction this retarget.  This will be the last post on the issue as it's obviously not anything anyone is considering or even has any desire for.  So i'll just sit back and see where this heads.  But I really don't think hording 1k BTC is a great strategy.

Nice pool.  Few long blocks there.  I feel bad though, i'm not finding blocks and pulling my weight.  Hope my luck changes soon I don't want to feel like i'm leeching.  But thanks, pool seems to work great, my stales are fine for the most part.

The chart you show is 100% correlated to the price of BTC, and that's something we really can't speculate on.  In the preceding few months before the price of btc went from 11 150 the difficulty was roughly unchanged.  there were some ups and downs but generally flat.  So every time through BTC history the price goes flat and so does hashrate.  I really can't speculate if BTC is at 50 in 6 months or 300.  But that's has to be taken into consideration.  Just look at the hashrate over the past few retargets.  Slowly dropping just like every other time there was a spike in price.  so the past few have been about 10% increases in difficulty and who know, maybe the price stays flat or goes down and we end up with a steal of a deal.  But we all keep sitting here saying well difficulty has to skyrocket because there are so many companies out there that are going to 10x the difficulty in the next 3 months.  For all we know public opinion on the amount of hash power that is expected to hit the market in the future could be significantly less then expected.  If there was the ability to increase hash power exponentially it would of already happened.  And the big rise came a few months back and ever since we are seeing slower growth.  And if BTC stays at 130 for the next 3 months there is no reason to think that growth won't have stopped.   

https://spreadsheets.google.com/pub?hl=en&hl=en&key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc

here is a spreadsheet that shows the price and difficulty and you will always see the same result.  Price moves followed by a rise and then after price halts the difficulty does too.  So showing that chart you did without expressing that there is a correlation with price is misleading.  As an investor I bought into BASIC for hash power.  I can store the BTC i invested in BASIC in my own wallet if i wanted to speculate on price.  But that's not the case, but that's pretty much what we are doing here at this point.  

I'm not being hostile at all, I just think the rational of why we wouldn't invest more in hash power now is misguided in my opinion.  If we can get the avalons in secondary market that's the best case, but at this point there isn't that many options so we'll be waiting months before we invest our 1k btc horde.  And personally I wouldn't think investing all 1k but a few hundred to increase some divis and get some payback would be wonderful.  

Where I arrive at about 6 moths is the stead streat of 8% difficulty increases.  So every 3 weeks we get 8% roughly, which should tail off if BTC keeps around the 130 level as interest will keep waining.  But anyway.  Lets look at it like this.  And i'll use 1 blade and we can go on from there.  I'm using a 8% per retarged and 14 days as the retarget cycle. which is probably a little light on the cycle. but whatever.  i'm here to see if we can get to breakeven after 6 months

Diff 131   .4/d x 14 = 5.6
diff 141   .36  x 14 = 5.1
diff 152   .33 x 14  = 4.6
diff 165   .30 x 14 = 4.2
diff 178   .28 x 14 = 3.9
diff 192   .26 x 14 = 3.65
diff 207   .24 x 14 = 3.36
diff 224  .225 x 14 = 3.15
diff 242   .21 x 14 =  2.94
diff 261  .192 x 14 = 2.69
diff 282  .18 x 14  = 2.52
diff 304  .165 x 14 = 2.31

total of 44 BTC over 168 days which is 5.5 months.  and that's no counting any nmc that we sell so over the 6 months we should be very close to or over break even selling nmc.  there could be some big retargets that would push out break even but there also could be difficulties that are less then 8% too.  GPU's will be pushing off the network as difficulty rises which will help the network absorb asics.  Either way, I agree avalons would be the better choice.  But given the time frame if there is no Asics out there to be bought in a timely manner then we will lose the benefit of the next month or 2 where we can really profit while the difficulties are low LOL.  And if we buy now and difficulties don't rise like I projected then we benefit even more. 

This is why I think we should buy the blades.  Everything after the 6 months is all profit.  Sure there are costs associated with it.  but they don't compare with the profits potential of the blades. Even if you knock 10% of the revenue off for costs of electricty and stuff you still end up making money around or just after the 6 month mark.  That's alot better then paying 1/2 the price for asics in 6 months for 1/2 the revenue which is what will happen.  Cuz we'll be able to do that too.

my total hashrate is about 5mh.  I use cg through gui miner.  and i use the basic setup.  I have 7950's and i run them at thread concurrency 24000, 20 intensity.  I think GUI miner takes care of the rest.  I use the same setup solo mining as I do through pools.  But in pools i get like i said about 10x more blocks found then I do solo.  i'd rather do solo because i'm pretty sure looking through my numbers over the past week I'd be getting much more in terms of a payout.  Seems that through pools i'm a big block producers and others are leeching basically. 

Can someone help me with solo mining.  I do everything that the first page of this thread says to do.  I use cgminer through gui miner and I'm hashing away.  But here is my issue.  When I do pool mining i get about 10x more blocks found then I do through solo mining.  I get about a 3:10 ratio of accepts to stales while solo mining.  Can someone help?  Am i doing something wrong or is there something I need to do in addition to what the first page says?  I just don't get it.  

I'll just do some quick numbers which I know all of you have done.  But when we are talking about a company here with this size of resources we should really be thinking about putting this to work.  anyway.  Lets say we AVG .225 which is 1/2 of what we would be getting today over the next year which should be looked at as pretty conservative because we know we would get much more then that over the next 2 or 3 months without any doubt.  but that would be .225x365 =82.5 per blade.  that's 50% profit in just 1 year.  and the great thing is, all the investors would be paid back and the company would be paid back 32 of the 50 it spend just in the first year.  now lets assume avg .1 btc a day in year 2.  that's another 36 btc.  and again we still have the mining capacity.  it's obviously going to drop as time goes on and there is some uncertainty.  but i'd rather us buy this now so we know we'll get a payback then wait a year and hope that some better opportunity arrives.

The fact is that there haven't been many opportunities out there that will give such good returns.  And surely if there is a company out there that can make better products they surely won't be selling them until it no longer benefits them to use the product themselves.  There is a reason ASICMINER is selling their equip and it's based on their own hash rate.  They need to increase the network hash to increase their own.  anyway.  Lets not overlook this as a real alternative to hope and prayer.  I see that there is already a strong bias against this but I advise strongly to rethink because there aren't that many opportunities out there and yet we all the the asic companies springing up but none deliver.  There is more risk in waiting on them then just do it now with what we have been presented to us now.  We can be a real powerhouse in the mining arena and at this point blades are our best bet.  As time goes on we will restock the coffers with profits from the blades and payback investors while we wait for these supposed great opportunities which we will be fighting every tom dick and harry for.  Lets do this now and get ahead of the game instead of being right along side the BFL folks.

Buying the blades is a great idea.  I don't understand the point of many of the people on here and their concerns with it.  There isn't any investment that will be out there that will benefit us like the blades will.  Do you all realize that the prices of asics will only come down as difficulty rises.  That's the supply demand side of this.  I would rather us spend 500 BTC on something that will return the 500 btc after lets say 6 months and then from there on we have mining capacity for life.  If you keep waiting we will never have any mining capacity other then the 2 avalons that will ship when?  There is zero reason for us not to buy the blades.  People keep looking at this as if we are getting some massive interest rate on the BTC in hand.  We don't.  Do every 3 weeks that we don't spend it means the difficulty rises and ROI shrinks.  You have to look at it in a better way which is we pay the going rate now which will be the same ROI as if we wait x days til a supposed better opportunity arrives.  In all honesty after 1 year of mining all investors will be paid back their initial investment as well as the company can reinstate the growth policy and it will be completely refilled.  I mean come on.  Why are people so gung ho about keeping 1k BTC in the coffers for some opportunity that has never arrived?  The blades are a great way to put the mining company mining.  I mean seriously, i've spent $3k USD on mining equipment and i'm mining 2x as much as BASIC is.  Time to put the money to work that investors have invested 200k on. 

I agree

I'm having a little issue with what's going on atm in terms of the issuance of shares.  With 50 shares offered every .01 btc we are getting diluted and nothing is happening.  In 99.9% of business's that are as well funded as this one they do not issue shares they do buy backs to reward shareholders.  with 1k btc in the bank I really don't think there are any short or long term funding issues at all.  And since what seems to be going on is waiting for lower prices on products why is there a need for that much btc and even more as the price rises.  I think the issuance of shares needs to be tempered down until there is some sort of real expantion plans.  We are obviously waiting on the avalons but why keep diluting the expected dividends to current shareholders. 

hmm, i thought i was out but i'm not.

Idk about bytecoin seems like a real reach

Been mining a while but im new ro the forums too