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Any info on a second group buy?
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Where is there info that the USB Eruptor has reduced its min buy to 50? Link to a forum post please?
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If you have unused x4 PCI-E slots, you can use this to add additional GPUs to your rig!
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Why does it matter what my wallet was built with?
If the wallet now holds BTC50 and I pay out BTC10 surely it matters not that the BTC50 was saved up pennies ?
Think about it this way. If you're paying for a new cellphone that costs $200, it's way easier to count two $100 bills, than it is for the cashier to count 20,000 pennies. That would take the cashier a long time, causing long lines and people behind you getting angry for waiting. In the BTC world, if you were paying 2 BTC with a wallet that accumulated 20 x 0.1 BTC, it's a smaller byte size transaction. Now if you were paying that 2 BTC with 2000 x 0.001 BTC, the byte size of that transaction goes up a lot, and it would have to be transmitted across the BTC network consuming bandwidth. I believe the reference Bitcoin-QT wallet (and Multibit) would enforce a transaction fee for doing that if you were ever to send a payment somewhere. EDIT: Lol matt4054 had same analogy I did  |
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I browsed through 20-something pages of block history to estimate that there are less that 2% (it was 2% at the time, before 1% fee) orphan blocks, so I would mainly see it as as the "interests" on the pre-pay advance + "insurance" for orphaned blocks. It depends on your expectation.
Are you sure you counted "orphan" blocks? Remember, stale blocks do not count and even with the perk, you do not get BTC for stales. I believe actual orphan blocks are much, much less than 1.5%. |
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Haha, pathetic luck today. After 24 hrs at 9.5 TH/s, we only found 8 blocks!
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BUMP. +1 for adding ability to sign messages, this way I can truly dump the QT wallet app!
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Does anyone think that LTC will one day be decoupled from BTC?
In other words, currently:
1 LTC = 0.0236 BTC
1 LTC = $3.01
1 BTC = $128
If you converted 1 LTC into USD, then used those USD to buy BTC, you would get 0.0234 BTC, which is pretty close to what you'd get if you just converted LTC into BTC directly at BTC-E.
There are some who feel that they should primarily mine LTC today, because they speculate that the value of LTC would rise in the future? But since LTC/BTC are linked currently, why not just mine BTC instead? It seems to me that if LTC were to rise in the future, so would BTC.
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When CGMiner switches pools due to a failover event, does this get recorded in CGWatcher's log or any log?
I check on my miners every now and then, and would like to be able to know if there was a failover event that I missed at some point. Any way to find out?
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It just seems illogical that at times 100 TAT shares can cost more than 1 PT share when they only pay 95% of the PT dividend.
Welcome to the free market system! |
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Truce, then. Good luck with your sale! Caveat emptor.
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Thanks!  |
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Wow, that's rather aggressive to call me a troll or incompetent. Looking at the spreadsheet you linked, and the 4-6 week period I mentioned, my hashrate of 1800 MH/s: DATE DIFF BTC/DAY CHANGE 17-Apr 8974296 0.100 --- 29-Apr 10076293 0.090 -10.2% 12-May 11187257 0.081 -9.9% 26-May 12305983 0.074 -9.1% So my guesstimate of -20%/2 weeks is more like -10%/2 weeks. At the end of 90 days @ 5 GH/s you would have gone from earning 0.22 BTC/d to 0.13 BTC/d, and would have earned a total of 14.4 BTC. Last increase was 10% and next is currently estimated at 7%
Again, using the numbers about from the spreadsheet you linked, the next projected difficulty increase is (12305983 - 11187257)/11187257 = 10%, not 7%. Oh, and the BTC/USD in that spreadsheet you linked? On 17-Apr it was $139. At the time of this writing? It is $124. sad panda indeed! Please feel free to check my math, as I may be incompetent. |
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Given recent exponential rise in difficulty, I've personally experienced a 20% 10% reduction in returns every 2 weeks over the past 4-6 weeks at constant hashrate. Have others experienced a similar trend?
If this trend is valid and continues, then 5 GH/s would generate 0.22 btc/day now, 0.176 0.20 in 2 weeks, etc etc.
After 90 days (12 weeks), it would only generate 0.07 0.14 btc/day, and you would have earned only 11 14ish BTC.
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Show me a conventional mutual fund with dividends equal to Asicminer and I will give you a back rub with a happy ending!
That was never the issue. The issue is facts. I'm merely correcting his statement that not all mutual funds manage billions in assets. Some mutual funds charge a front-load, transaction fees, or 12b-1 fees. But not all. If you have a brokerage account, you can always take advantage of no-load, no-fee funds. So I'm not sure vortex1878's point reflects "most" funds. Past and current returns from AM have been stellar. Whether future returns are as good (or better) is pure speculation, or at best an educated guess, just like on Wall Street. Whether 5% management fee is too much, too little, or just right, is ultimately for the individual investor or the market to decide. |
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