Will be first BTC going into my wallet this month:

1C5Jsr3TRCUbZ3FH31c1CaetNQrzojpjHG   

You made the right choice. Take a look at how long it would take to make $1900 mining with that rig:

Makes about 0.13 BTC a day. About every two weeks at current difficulty rate changes, you make 80% BTC/time which is probably an overestimate compared to previous difficulty. In other words think that each month will make ~2/3 the BTC made in the previous month. An infinite gemoetric series of this will say:

profit over infinite months = 3.9/(1-(2/3)) or 11.7 BTC until the 21 million cap is hit. This is also assuming no electricity costs. 11.7 BTC is only worth ~$1200 so you definitely came out ahead selling the unit instead of mining. If you can sell for >$1200 it's worth it. In fact using a finite geometric series:

3.9*(1- (2/3)^4)/(1-(2/3)) = 9.39 BTC over 4 months time so really if you can get $950 (~9.39 BTC) or more it's worth selling it. In other words I think jalapenos in hand should sell for no more than $1200 today to break even.

This of course assumes the recent rate of change of the difficulty becomes the new norm and bitcoins are ~$100 per coin but I feel these numbers are as conservative as you can get. In fact I chose (2/3) month to month change but I think it's really between (1/2) and (2/3) which means even less BTC being mined.

@OP: I'd sell if you could get 10 BTC or more for it.

Distrust of your peers won't bring down bitcoin but it sure won't help it get anywhere. By that I mean more focus should be on how to sustain bitcoin in the long run. Dying GPU mining means fewer miners with ASICs becoming more common so more future bitcoins for fewer people. Fewer coins being mined to cover costs. Transactions per block growing too quickly for current 1MB size limit (increased size will hurt smaller pools but most people don't give a shit). Lost coins (a significant amount of the 11.3m -ish coins currently). We get fair discussion on these items but they are overshadowed by flaming competitions among the large drama user base over future predictions to the point that it's not worth discussing any new insight. To quote a work saying I know, negativity kills productivity.

I think this is the biggest challenge of bitcoin though I'm hopeful that with an increasing difficulty will be good for the community. Less complaining originating from miners looking to make any money at all and more on uses for bitcoin and solving problems like the sliver above. I don't think bitcoins should really be viewed as a way to make money at all and I only support covering transaction costs in the long run (no problem with speculation though for making/losing money).  

IMO litecoins aren't useful for anything other than buying bitcoins and fiat cashout. As bitcoin difficulty is too much for GPU miners, alt coins will devaluate not because of extra people moving there but rather the rate of difficulty increase is lower than bitcoin's rate of difficulty increase.

Project like F@H will probably be as good as it gets for a while for mass distributed humanitarian causes. I still won't donate my PS3 power though as I'm worried I'll cut it's life short.

Not waiting for Christmas. Preordered both since I want both when they launch. More excited about PS4 for used games though I'll be happy with both and don't think either will fail.

I worry that altcoins won't be terribly valuable for mining. Once ASICs own a bigger chunk of the bitcoin mining pool in late summer-ish or whenever, that all that will matter is how difficult it is to earn 1 unit of fiat. So if litecoin for example becomes the go to network to hash on with no threat of ASICs (don't know of any in development for LTC), it will probably have a relatively flat rate of increase in difficulty compared to bitcoin which I think will for a while always outpace LTC in the rate of increase in difficulty. As a result LTC/BTC trade rates will probably go down and if they didn't, more people would move to LTC until a lower ratio is achieved. So in essence, I unfortunately agree with OP but also believe in BTC as a means of transaction in a year or so rather than an earn wealth scheme.

I'd probably just hold it until it was worthless. Only a couple thousand dollars in bitcoins and only a miniscule part of of my investments. Hopeful and optimistic that it will rise but I only earn what I mine now. A good complimentary question would be at what price would you sell? I don't have a good idea myself.

Yea, that's not what I meant. I was saying I think a majority of people leaving pools just want to be done with bitcoins and sell them having nothing to do with covering costs of electricity which would be much less than the cost of the GPUs or FPGAs bought in recent time anyway. This is why I'd be interested in some sort of statistic in seeing people holding bitcoins compared to price. Best I think we have is active addresses which doesn't tell us much though I at least imagine there is an average number of addresses per person.

I'm hoping that I'm wrong anyways and that there are more people like you. Myself I have significantly downsized my mining operation (selling off hardware) but I still hold >85% of my bitcoins that I've mined.

I feel like I'm indirectly making a point that the more bears there are around, the less n00bs will hear of bitcoin and get into it and inflate a bubble. I feel a smaller base of bitcoin believers is better than even a much larger base consisting of n00bs who will bring instability to prices and thus bitcoin reliability and its future.

Mostly I'm guessing from the rather stagnated growth rate in the past week after the ASICs came online. Growth anyways that has been concave down as a result of ASICs in the past few weeks leading to the shift to concave down growth in the past week.

Since TLDR applied to you, I think you missed the point I was making regardless of how true the statement was. That is that people will sell off their bitcoins when they leave the network. Though I'm not sure if the absolute number of miners on the network is decreasing or not. People are leaving as it becomes difficult to mine but new people hear about bitcoins and I don't know which is more influencing on the number of people around. I think it would be cool if someone had info on that subject.

Just wanted to see what people think about this question.

I'm guessing that with the recent difficulty increase with some ASICs shipping in Avalon's batch 2 that a larger than average amount of miners left the bitcoin mining network (very likely true). As a result, I think this has led a larger than average amount of bitcoin holders (those that just left mining) to sell off their bitcoins and drive down the price somewhat (plausable cause). There doesn't seem to be a night and day reason for people leaving to sell off their bitcoins other than possibly ex-miners just want to get out of the picture altogether and just sell their bitcoins.

This would seem to propose a particular correlation between the difficulty rating and the price of bitcoins. Specifically I would even say that the rate of change of the difficulty rating (acceleration/decelation) of the network hashrate influences the price of bitcoins in the short term before an adjusted equilibrium is reached between old prices and semi-panic prices.

I'm guessing that with each big increase of the network hashrate due to a new chunk of newly shipped ASICs coming online in the future that the price of bitcoins will drop in the short term when ex-miners dump bitcoins. I know that a significant number of ex-miners will still hold on to bitcoins for investment if that was their overall plan but I'm speculating about the majority of ex-miners who left in a larger than average volume.

Also, a second but semi-related question of mine is what kind of long term effect will this have on bitcoin prices as the total number of people that holds bitcoins falls? I feel bitcoin holds strength in the future if there is a larger userbase so I can't see this scenario meaning anything but a hindrance to the future of bitcoin (something that I think we can all agree on).

I don't want to sound like a bear here as I really want bitcoin to be successful in the long run. I do think though that if more people are aware and discuss the challenges facing bitcoins then this will lead to a more stable bitcoin price future. One that is fueled more by the useful value of bitcoin rather than a future where price is dictated more so by uninformed knee-jerk reaction (like selling bitcoins just to leave the seen altogether mentioned above). Inidividual posts don't really make a difference from random people but I still think that discussion among even a few people will hopefully spread.

Discuss (Flamers welcome???) as I believe awareness will help bitcoins long term future.

A FX5200 has 4 dedicated pixel shaders and 2 vertex shaders. I doubt fixed function pipelines like these could handle shader computation programs. You won't even get 1 Mhash/s if anything at all making it useless.

If you really want to keep it cheap, you're better off getting a mediocre system off of craigslist for $75 assuming it has a PCI-Ex16 slot. Then it's just a good PSU and pick of graphics card.

In Atlanta, Georgia, 0.095 $/kwh.

Although you can do things like set clockspeeds remotely, hardware monitoring (like reading temperatures) isn't allowed over remote connection with windows remote desktop connection. Getting temperatures will require scripts/other programs on the machine in question to upload their readings online to somewhere where you can access it. Otherwise you'll need to remote connect with a program that has priviledges on remote connection.

2x 7970
1x 6870 (unique make special 6870 with 1600 shaders like a 5870 and 6870 clockspeeds)
1x 7770

Managing 0.07 BTC a day @ ~1.75Ghash/s. 0.095 kw/h. Selling 1x 7970 in a few days to someone to lock in the good value that 7970s have right now.

Edit:
Seems website is fine. Ignore.

Original message:
Went to coinbase.com and getting a message the chrome "This is probably not the site you are looking for!" message suggesting that the page might have a forged certificate. Chrome is suggesting that coinbase.com is resolving to ssl2262.cloudflare.com. Wary to go any further. Is it a technical error (benign, just me, etc...) or has their website been hit?

Even with existing outstanding orders from just Avalon and not even considering BFL's orders, I'm guessing something like 50M. I'm guessing that BFL will continue to kick the can (and people still hold faith) and that Avalon will have some teething issues in batch 3 as they reach a large production rate. Guessing on batch 3 by end of summer making up the bulk of the increase. Don't think the amount of GPU power leaving the pools will matter at all more than 10% of future rate. I think high end GPUs will be able to hold on just through the end of summer and early fall. I'll actually be somewhat embracing of when I quit GPU mining 2x 7970s so I can use my system for some triple monitor eyefinity gaming. I've already broken even on 2 7970s and a PSU so I don't mind too much if the difficulty skyrockets.