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1  Economy / Auctions / 200 ASICminer shares on: February 18, 2013, 02:26:08 AM
Will take 80 BTC flat for them. I want to sell them all in one transaction.

My confirmation email is below:

Hi,

This is the GLBSE official data of your ASICMINER shares:
Address: 1LZTiJmcMkbTUk5qczXHRq19fuzdK8oeo3
Share: 200

Best regards,

friedcat

Same wallet for payment of course.

I have sold now over $5000 worth of mining hardware on this site. Check the marketplace.

EBAY name is faithintroy.
2  Bitcoin / Mining speculation / The ASIC's are all scams, you just don't know it yet on: January 27, 2013, 03:49:34 PM
ElectricMucus spelled it out and no one listened. Others here with advanced engineering knowledge said that at the very least, the ASIC's are too ambitious with their specs.

Miners didn't listen because greed is a powerful force. Sure I'll give you an interest free loan for six months so I can be RICH, easy money.

Or maybe not even an interest free loan, how about free money for the vendor.

So maybe some of these vendors actually did make an honest attempt at building these devices, I believe some did and still are trying to make it work.

The problem is, you have these business noobs with zero experience trying to co-ordinate a multi-million dollar project. Many with even less technical experience.

So how does this equation work ?

Little or no business knowledge + limited technical expertise + under-capitalized = Kick Ass ASIC!

Seriously folks, is this community so naive that they don't realize that running a successful business is actually difficult ?

That experienced business people don't berate customers on internet forums or at any time or place? *cough* Josh *cough*

That developing a custom chip, in a foreign country, is not an easy task ?

Yet some of us implored all of you to think twice about BFL back in June, to maybe hold your money until they could produce something. Nope, your greed got the best of you.

Hmmm and let me see, had you held your coins, you would have tripled your money already. How's that for easy money?

Troll/Justify/Rationalize away, you got scammed period, even if these vendors deliver. You've lost 300% in opportunity cost.

In the business world, this is a loss no matter how you slice it. Mining is a business folks.
3  Bitcoin / Hardware / Maybe everyone here will learn a lesson about pre-orders on: January 13, 2013, 04:55:23 AM
I nearly fell victim to this bullshit myself. Fortunately, I got my credit card refund out of bASIC over a month ago.

I saw the writing on the wall and knew this shit was going to get ugly. I was supposed to actually help Tom put the units together. We had phone calls and numerous communications. Then the communication got slower and the delays started. Something didn't smell right.

Maybe every other vendor will ship, but it wouldn't surprise me if some don't.

Funding a business venture with pre-order money is bad business. It's especially bad business if you are the one putting up your money.

THERE IS NO REASON FOR ANY SANE PERSON TO BE A CAPITAL INVESTOR AND NOT RECEIVE AN EQUITY STAKE OR INTEREST PAID ON YOUR CAPITAL!

If you give a business your money in advance and there is no specific, contracted date for you to receive your product, then YOU are a capital investor. Especially if there isn't even a working documented prototype.

Simply getting a "place in line" is not good enough. You should be compensated for assuming so much risk. Yet the foolish people on this forum justified this bullshit for months.

How long has BFL held money now? 6 months? Go ahead justify away, but the amount of money the folks who paid BFL in June have now lost is ridiculous.

It's called opportunity cost and those folks have lost plenty of opportunities, namely their BTC are worth nearly three times as much as when they sent them to BFL 6 months ago.

If everyone had simply made these companies show a working device before they parted with their money, all of this bullshit could have been avoided.

I bet if this had been the community's response, these companies would probably have already delivered. You see, in business, when you actually need to produce a product to get paid, it kind of acts as a motivating factor.

Just because bitcoin is a decentralized currency with no central authority, does not mean the ecosystem has to function like the wild west. A little ethics and some informed consumers would go a long way toward widespread adoption of bitcoin.

Unfortunately, I see more people interested in easy money. No wonder why more money has been made in bitcoin through scamming and drug dealing than anything else.


4  Economy / Computer hardware / WTS Rig or Parts - 3 5970's, MSI 890FXA Ram, CPU, PSU, extenders on: January 08, 2013, 04:09:20 PM
I have a complete rig which includes:

MSI 890FXA-GD70
Seasonic x1250 gold psu
3 x ATI 5970
3 pci x16 extenders
sempron 145
2GB ddr3 1333 ram
hard drive
Windows 7 64bit


The windows key is a single use business key, i.e. if you have to wipe windows you will need your own key to re-install.

As of now it is running at 750mhz engine 150mhz memory at 1.000 volts.

This machine has been running well for 6 months using cgminer. I have cgminer 2.7.4 installed and configured, working fine.

Asking price $1050 shipped.

Offers accepted, through PM please.

5  Economy / Computer hardware / WTS - MSI 890FXA-GD70 mobo+ram+cpu $110(Sold) and Seasonic X1250 $185(Sold) on: January 04, 2013, 12:27:02 AM
Seasonic X-1250 Gold PSU
all cables included, one year old, 5 year transferable warranty.

$185 including shipping in US.

MSI 890FXA-GD70 - accessories included, 3 year transerable warranty.
sempron 145
2gb ddr3 ram

$110 shipped in US.

Prices to be paid in BTC based on Mt Gox average price at time of sale.

PM me with offers.

Post in this thread with questions.
6  Economy / Computer hardware / WTS Seasonic 750W Gold PSUs $129.99 shipped on: January 03, 2013, 08:37:20 PM
I have 5 of these brand new in the box. I never opened them because I was saving them for ASIC's.

These have a 5 year warranty that is transferable and needs no receipt. Seasonic warranty is solid.

I am asking $129.99 Shipped in the US. USPS with delivery confirmation.

I have sold many gpus and other parts here and on ebay. My ebay name is faithintroy.

You can check for threads here that show completed sales to AndrewK, Coinhoarder, etc.

BTC payment only at mt gox average price at time of transaction.

Please PM me if interested in purchase.

For questions, just post in this thread.

Willing to provide discount on 3 or more.

7  Bitcoin / Hardware / Set-up to run up to 25 ASIC units on: November 07, 2012, 11:36:08 PM
So I'm trying to get my mind around what the best set-up would be for up to 25 ASIC units. Either the BFL SC singles or bASIC.

I have some people who want to buy some units and have me host them.

So let's say you have about 100 watt draw for each unit on average.

Could you run 25 of these units with a laptop that has an i7 quad core cpu, 8gb ram and a 128GB ssd ?

What about USB bandwith ? Can you use a couple high quality usb hubs or will they have bandwith issues ?

Would you run 5 750watt seasonic gold PSUs or could you use 2 1250watt seasonic gold PSUs ?

Or is it better to just add on 5 of these to 5 existing GPU rigs and run separate mining clients ?
8  Alternate cryptocurrencies / Altcoin Discussion / do you have to use a batch file for cgminer to mine litecoin? on: November 04, 2012, 01:50:09 AM
Or can you just edit the cgminer.conf file as is ?

Thanks.
9  Alternate cryptocurrencies / Altcoin Discussion / Does cgminer always say rejected when mining litecoin? on: November 04, 2012, 01:16:46 AM
Is this just the deal with mining litecoins?

The pool I'm using shows thayt I' generating  a hash rate and that I actually found a block, but all shares say "rejected"
10  Alternate cryptocurrencies / Altcoin Discussion / can someone just please tell me who to start cgminer for litecoin in windows? on: November 01, 2012, 07:35:48 AM
The cgeasy thing won't open for me no matter what I do.

I have the litecoin client set up for solo mining per vorsholk's guide

When I start cgminer I put in

host  http://127.0.0.1:9332

then user from litecoin.conf
then pass

it stalls and just says can't connect.

error is - no servers were found
11  Alternate cryptocurrencies / Altcoin Discussion / litecoin mining on 7970 cgminer or reaper? on: November 01, 2012, 05:33:52 AM
Thanks, trying to get myself set-up for some solo mining for giggles. Couldn't get Vorsholk's easy solo miner to run. I really do suck at software...lol
12  Bitcoin / Mining speculation / Looks like ASIC's have been deployed on: October 27, 2012, 04:46:01 PM
I cannot possibly imagine an additional 3-4 TH of GPU's or fpga's have been started up in the past week or so.

It has always seemed weird to me that these hardware companies would not pre-mine before selling.

This community is willing to throw money at anyone for months in advance just to gain an edge.

This mentality falls right into someone who would want to take your capital and then use it against you.

Coupled with some recent big sell orders on Mt Gox, and it seems to me someone is unloading some coins.

Of course this could be some people with stashes unloading, but it seems to be an odd coincidence.

I'd say we have ASIC miners out there and they are taking advantage of the 50 BTC blocks before they're gone.

Seem odd to anyone that nearly ALL asic devices will be hitting the market AFTER the reward halving ?

This is fishy as hell to me.
13  Bitcoin / Pools / Will P2Pool have any issue with ASIC ? on: October 24, 2012, 10:37:07 PM
I'd love to use P2Pool with my upcoming ASIC miners.

Of course I'm not psyched about configuring it because I suck at software implementation and really just don't like dealing with software.

Anyway, if it's reasonable enough to set up ASIC miners and use P2Pool without penalty, I'll do it.

14  Other / CPU/GPU Bitcoin mining hardware / Anyone have any numbers for the powercolor 7990 ? on: October 12, 2012, 05:48:06 PM
Is it getting 2x7970 numbers ? power draw ?
15  Economy / Long-term offers / New deposit offer on: October 10, 2012, 02:05:59 AM
21% interest paid daily...

Did you say 21% per day ?

Oh behave baby we're just getting started.

I have discovered a way to print money...

Yeah you heard me, PRINT MOOLAH!

It's a wicked awesome super duper plan.

My friend Ben *cough* Bernanke *cough* told me he could hook me up with some freshly minted dolla bills yo.

Yep, COLD HARD CASH.

Now I can only accept up to 9,000,000 BTC or so in deposits for now. I'll be up for more later.

Hit me up if you're interested and the first 29 depositors get a free T-Shirt.

*cough* joke *cough* suckers
16  Economy / Lending / Seeking a 10,000 BTC Loan on: October 10, 2012, 01:55:52 AM
I have a brilliant business plan and here it is:

I'd like to buy 10,000 BTC worth of ASIC hardware and mine on it like everyone else.

I'm really good at mining, like f'in tits out awesome at it.

I have a 5970 that generates bitcoin like all day.

I also am probably like the best video game player I know.

Once I start mining bitcoins like a mf'in boss I'm going to start the new GLBSE, except it's going to be called...wait for it...wait for it...

G to the L to the B to the S to the mofo down home bustin' EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

That's right yo, fat stacks and back cracks.

I know I'm going to rule at running an exchange for a few reasons:

1. I'm the best miner in the world
2. I read some shit about picking stocks and it's easy.

So I wanted to make this fair to my bitcoin bros and brought this here first before it blows up.

This offer expires in 72 hours.

After that I feel sorry for you guys because I'm going to mine every coin out there before you.

Peace.

17  Bitcoin / Hardware / New thread for ASIC testing on main net on: October 03, 2012, 08:58:00 PM
I locked the old one because I figured all ASIC developers had stated they wouldn't do it.

I don't see a way to unlock it.

A forum member felt we should continue the discussion.
18  Bitcoin / Hardware / ASIC testing on main net is wrong, PERIOD. on: October 02, 2012, 08:27:46 PM
I can't believe people are actually advocating on behalf of companies selling us hardware and directly competing with us.

This is not like nearly any other ecosystem where it makes sense to allow a company to compete with you.

THERE ARE ONLY 21 MILLION BITCOINS!!!

Whatever they mine WE never get a chance at, EVER.

It will aartificially inflate the difficulty and it WILL NOT STOP due to ongoing testing.

This community really is insane sometimes, falling for obvious scams, pre-funding vaporware, etc.

Now you think companies "deserve" to profit with your pre-ordered hardware that you funded at 0% interest ?

And artificially inflate the difficulty for the foreseeable future as they "test" these devices ?

One week of ASIC mining in the early days can be HUGE for your profit margin at lowered difficulty.

Come on people, stop and think about this for a moment. You put out your money months in advance, with limited recourse at 0% interest.

YOU DESERVE THE RIGHT TO PROFIT, NOT THE HARDWARE COMPANY!

These should be tested on testnet or testnet in a box only.

Please demand that all ASIC vendors do this.
19  Bitcoin / Hardware / Can someone explain how the ASIC vendors can supply double spec hardware ? on: September 30, 2012, 04:35:42 PM
It seems as soon as cablepair announced his bASIC product, BFL started shifting gears.

Then we get the bASIC announcement that his devices can do 54 GH/s instead of the original 27.

Now Tom stated in his initial announcement he was going to be very conservative, so his announcement of double makes sense in that light.

BFL comes out and doubles all their product estimates.

Okay, so this is great for the network, but does anyone know the technical aspects of this and how this is really working?

Are we talking more chips or just underestimating chip hash rates ?

Is this the beginning of the price war everyone discussed earlier ?

Really curious on this.
20  Economy / Computer hardware / [WTS] [Sold] Revised listing 6 x 5870's for sale 11btc each shipped in USA on: September 28, 2012, 01:20:12 PM
All items as is, they are currently mining right now and I will pull them as soon as they are sold.

I have 6 stock AMD 5870 for sale. All have run well at 900/300 without issue.

Price is 11 BTC each shipped in USA.


I suck at embedding images, but will send you pictures upon request.

All shipping prices are to USA.

For international we can make arrangements on shipping.

My ebay trading name is faithintroy.

I edited this listing because I put the other items on ebay.

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