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What i meant is, do the chips have re-usability? do they have any worth and use after the profit stops flowing in?
You said for bruteforce hacking?
Theoretically, it is possible to design mining-chips which can be used to hack passwords. In practice, all existing chips just report back nonces within the specified difficulty parameters, if my understanding is right. This is quite different from brute-force reversing hash functions, aka hacking passwords. You should certainly not consider hacking passwords as something you can actually do with your miner. And even if you could, you should not count on monetary benefits from that.. I was just wondering if the chips will have any worth later on... |
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wow that was bad phrasing haha, sorry I am tired. What i meant is, do the chips have re-usability? do they have any worth and use after the profit stops flowing in? You said for bruteforce hacking? |
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If you were in the US I would offer to host it for you and take a small chunk of the coin. I don't see how you can ever run that thing at .30kw
It will literally be costing you money to plug in.
Bummer. Maybe sell on the ebay??
How can I re-use the chips? How can I make it more efficient? Any tips? Maybe use it for a few months while its still slightly profitable then try to move it to canada/US? Did you not read the responses to your posts? You simply can't reuse the chips. They do one thing, hash SHA256. ASIC means Application-Specific Integrated Circuit. And the specific application is for mining bitcoin. Well that's not completely true. Supposedly you can use them for password cracking but I don't recommend that as an occupation unless you want Interpol showing up on your doorstep. You may be able to make it slightly more efficient by underclocking it. But then your hashrate will drop too. Finding a sweet spot where your hashrate doesn't drop as much as your electrical use is difficult and time consuming and not possible with all mining ASICs. So its only the chips that are the problem and the rest is not a ROI problem>? |
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If you were in the US I would offer to host it for you and take a small chunk of the coin. I don't see how you can ever run that thing at .30kw
It will literally be costing you money to plug in.
Bummer. Maybe sell on the ebay??
How can I re-use the chips? How can I make it more efficient? Any tips? Maybe use it for a few months while its still slightly profitable then try to move it to canada/US? |
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Alright, is there a way to re-use the chips later? Or will it just be a piece of junk? Because I see people purchasing old miners and never hear from them again, I guess they re-use the A1 chips somehow.
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I get what you are saying, I just wanted to get started, is there a way to add chips/rewire it to get more TH?
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https://bitcoinwisdom.com/bitcoin/calculatorAccording to this... I have a very bad outlook, if its running at 1000W, I will be making barely 800$ profits in total before it become obsolete. Is this correct or did I do something wrong? Can I overclock it or something?
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I am getting a 1TH Dragon Miner soon, I pay a lot for electricity in my country but wanted to participate in mining. I pay 0.3$/kwh.
Now that means a projected profit of 22$ per day, with 9$ on electricity per day at most. How long can I expect to make profits? How long until it's obsolete?
How many $ will I be able to get before its useless? How many BTC actually, not $ since the price of BTC changes so much.
Anyone able to estimate it for a nub like me?
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It is very difficult to predict the future hash rates and difficulty.
In just one year (2013), the hash rate increased from around 20,000 GHash/s to 7,000,000 G Hash / s.
Now, it stands at 100,000,000 G Hash / s. May be we'll see 10,000,000,000 G Hash/s or more by the end of this year.
if that happens aren't all miners going to go down? |
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Oh sorry I didn't mean to make you look for it, thats where I took the pictures from. I like the one side but the other side looks cheap and badly made. I like the sci-fi look.. The cascius designs are simple but not sci-fi enough for me, I prefer the metal silver look too the golden shiny look.  Also I believe cascius makes coins of specific values, I'd like a coin not for keeping digital BTC but rather just as a collectable or so |
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What are some coins (empty, don't even need to be usable I just want them because I like shiny stuff) that are like this or even better for bitcoin ?
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  I love the design, it looks very sci-fi and pimped out. I was wondering if anyone knows how to make one like this from both sides for BTC, I could make the designs I don't mind. |
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haha 0.2$/GH? Where would you get that
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STOCK: 6284 Gold
PRICE: 5euro/100 Gold
PAYMENT OPTIONS: Paypal and accepting up to 5eur PSC
Trading Rules:
- Will go first with trusted for small amounts
- Will deal in small trades to build reputation
- Will restock all the time, stock is updated after every trade
- If you trade with me please leave feedback here as a comment
- Will ONLY trade using the trade function on forum
PRICES:
100G - 5 Euro (0.05ea)
500G - 23 Euro (0.046ea)
1000G - 44 Euro (0.044ea)
2000G - 84 Euro (0.042ea)
3000G - 123 Euro (0.041ea)
6284G - 250 Euro (0.0398ea)
BISTAMP RATES FOR BITCOIN PAYMENTS
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Cash is a simple way of trading and you can't scam it can you
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