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1041
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Bitcoin / Hardware / Re: One oblivious effect of the price spike on the network hashrate
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on: April 10, 2013, 03:44:06 PM
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My 7970 can mine at 10$/day using 1$ in electricity. The network difficulty has to be > 70 millions for the return to be negative.
If the price stabilizes at the 1000$/btc range, the difficulty will have to be > 250M for the power expenses to be greater than the btc mined with a GPU.
I'm sincerely scared, not from BFL, not from the helveticminer @ 28nm, but from the mass of GPUs coming online.
The return of our avalons... Is in serious danger.
What do you think?
Fortunately there are some Scrypt-based altcoins whose value is doing nicely to draw GPU hashpower away from mining BTC. So long as their market value holds, I think they will continue to draw GPU miners over there. Now if the numbers change a lot, it could be a different story. I think that their collective value will largely hold just because ppl will see them as a safe haven from the ASIC "threat". (Maybe that's circular reasoning.) That's my BTC0.02. (I have all of my GPUs hashing Scrypt at the moment, as they have been for some weeks now.) http://dustcoin.com/ |
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1042
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Bitcoin / Hardware / Re: First BFL ASIC!
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on: April 10, 2013, 05:54:13 AM
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I truly hope they ship and soon, because BFL failing huge (not just being late) is going to be detrimental to everyone.
I do not agree. The arrogant tramps should perish I've heard this said many times now (the top quote). I'm curious. Just what would the detrimental effect be to non-customers? As a miner with a substantial investment in mining gear already in my possession and operating, BFL failing to deliver would be of great benefit to me, as my existing rigs would get to keep a larger share of the hash pie. |
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1043
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Bitcoin / Hardware / Re: PCI-e Based FPGA Mining Cards
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on: April 10, 2013, 04:31:30 AM
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I don't see the point. USB-based FPGA miners already work well.
Putting them on a PCIe card just limits scalability to the number of PCIe slots in the system, and you'll have to fit the whole thing with cooling into a 20mm wide slot (40mm if you're gonna occupy 2 slot widths).
Now if you're going for a board to mine Scrypt, using host memory, well OK...
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1044
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Bitcoin / Hardware / Re: Get a job at BFL!!
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on: April 10, 2013, 04:26:54 AM
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I already offered: I'm going to go ahead and extend this offer now: Josh, if you feel like BFL is is trouble and you're not able to make the chips/boards/miners work, please, let me come and help you guys. I can contribute quite a variety of technical and nontechnical skills. My price is only one Single per week worked. (Obviously if the project fails I lose too and get nothing.) I will sign NDAs.
I made this same offer to Tom, but he did not accept. Don't go out like that.
I have not yet received a response. |
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1045
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Alternate cryptocurrencies / Altcoin Discussion / Re: All time highest litecoin mining difficulty?
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on: April 10, 2013, 03:58:23 AM
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300 wow I hope it stabilizes around there, this climb is insane. LTC is up a ton but the price cant sustain the skyrocketing difficulty forever.
It will. I don't think so. I think it'll keep right on climbing as more GPU farmers get pushed out of sha256 land by ASICs. After Avalon batch 2 has all shipped, I imagine Litecoin difficulty will be north of 1000. |
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1046
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Economy / Auctions / Re: AUCTION - 8 rolls of new 0.5BTC Casascius Coins
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on: April 09, 2013, 10:54:27 PM
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I thought I'd comment to say that I would like to see them sold through the regular website like always, but with a minimum order level of 100 BTC or whatever level Casascius feels relieves him of the burden of retail sales.
Surely managing this auction takes more effort than shipping out 4 100 BTC orders made on the website.
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1048
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Economy / Goods / [WTB] 2011 Series 1 5 BTC Casascius Coin
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on: April 09, 2013, 07:28:02 PM
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Must be in good condition, ideally pristine.
Also interested in a 2011 Series 2 5 BTC piece.
PM me if you've got one for sale, and its condition.
Edit: I hear there are 2012 Series 1s out there also. Interested in one of those as well. (Series 1 is the type without the window, with the firstbits printed directly on top of the hologram sticker.)
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1049
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Economy / Collectibles / Re: [SOLD OUT] casascius coins for credit cards, paypal, and BTC
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on: April 09, 2013, 06:32:56 PM
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SOLD OUT
there's about 3 people i'm waiting to finish up transactions with then the rest go to a local cash buyer tomorrow!
if you want to see more coins for paypal/cards or my low resale rates convince casascius to sell to me...ready to buy 300-400 coins between .5 1 and 5s
only reseller bringing paypal/credit card money into the btc market and can't even get product
I hope you'll carry some of the 25 BTC pieces too. I still need to get one. |
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1056
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Bitcoin / Hardware / Re: X6500 Custom FPGA Miner
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on: April 06, 2013, 04:36:19 PM
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Does anyone have an issue with bitmit where they can't bid on these? I'm interested in a couple
You can't bid because the listing is long since ended. I wish bitmit made it more clear. I'm looking to buy too. PM me if you've got some to sell. I pay premium prices. |
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1057
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Bitcoin / Hardware / Re: BFL Single (FPGA) in hot weather
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on: April 06, 2013, 03:38:47 PM
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But weren't they saying the new SC was going to be really quiet? That's one of my complaints about the FPGA units. The fans are so noisy I can hear them from the other side of the house. Hopefully they won't have to cut a hole in the bottom of the case and mount an extra heatsink and fan this time.  The Bitforce FPGA Single consumed ~80W. 400% of its designed power target. The Bitforce SC Little Single consumes (so far) ~180W. 600% of its designed power target. I'm envisioning a box of fans. So far as cleaning dust buildup, I like to vacuum mine. |
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1058
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Bitcoin / Hardware / Re: Avalon batch [2] countdown!
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on: April 05, 2013, 11:44:53 PM
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I'm wondering whether batch #2 shipping will start on time given there's been no notification to trade-in customers to send their FPGAs...
Hmm that is a good point. I guess the trade-in notification will be the first sign of progress on batch #2 and with only 10 days to go... Speaking of this, what do you suppose would be a good way to ship one rapidly into China? I know DHL is good for shipping *from* China *into* the US...Do you suppose they are an equally good choice going in the other direction? |
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1059
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Bitcoin / Hardware / Re: First BFL ASIC!
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on: April 05, 2013, 11:09:52 PM
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Might be time to lock this thread, there's been no actual new discussion for 10+ pages.
should we lock the forum too? In Russia, forum locks you! ^ No actual new discussion. |
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