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1181  Economy / Securities / Re: ASICMINER Speculation Thread on: July 31, 2014, 11:24:19 PM
Why anyone would buy into an Israeli company is beyond me.

+1
1182  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 11:19:11 PM

who said i bought anything? I am just joining in the conversation, sorry if I don't have all the facts or actually have a stake in spondoolies hardware. Just joining in community conversation.
Sorry, that is not allowed around here.  If you don't show your Spondoolies receipt, you can't possibly be right about them having fucked up their engineering.  Only those with certified receipts are allowed to comment. 

I get in huge trouble for having an opinion without having proof of order.

1183  Bitcoin / Mining speculation / Re: Asicminer News 15-30% of Network on: July 31, 2014, 11:12:34 PM
I have no time for shills or past shills. you made your bed by acting the way you did, now lay in it. jog on back to your spondoolie masters.....

1184  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 11:01:50 PM
how is that fiar for people in europe who pay 0.25euro cent ($0.34) per killowatt......

People paying 0.25 euro cent per killowatt shouldn't do home mine from the start. Complaining about the high power costs when we have a colocation thread where people can get access to cheap power is pointless. Here is the link in case anyone missed it (although it was posted several times already): https://bitcointalk.org/index.php?topic=622998.0 There are options for everyone!

who said i bought anything? I am just joining in the conversation, sorry if I don't have all the facts or actually have a stake in spondoolies hardware. Just joining in community conversation.
1185  Economy / Securities / Re: ASICMINER Speculation Thread on: July 31, 2014, 10:53:44 PM


What I imagine the rest of Bitcoin financiers look like:


1186  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 10:21:18 PM
mods have made an effort to clam thread down. lets get back to fair comp numbers and argue over that.

lets say 4.5/5.4 =  .83333333 x list of 5095 =  4245 .  first comp number then  3000 watts vs 2500 watts is a 500 watt difference that is 12 kwatts a day that is 360 kwatts a month 


so 

18 usd a month at 5 cents a kwatt

36 usd a month at 10 cents a kwatt

54 usd a month at 15 cents a kwatt

72  usd  a month at 20 cents a kwatt


 that would be 1 way to figure fair comp.

 if you paid 5095 usd you get a 850 usd refund. and a monthly pay back for the power.  since the power loss is not instant but over time.


how is that fiar for people in europe who pay 0.25euro cent ($0.34) per killowatt......
1187  Bitcoin / Bitcoin Discussion / Re: Bitcoin is like cash under the mattress on: July 31, 2014, 10:09:01 PM
it's actual more like cash in the old style swiss bank account.
1188  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 10:06:57 PM
wait so it's not okay for spondoolies to joke about your christian faith, but it's okay for you to talk about supporting war and blowing the shit out of people..... just saying.

edit: drop seeds not bombs. free gaza
1189  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 09:56:50 PM
Quote
Effective Hash Rate:   6 TH/s ± 10%

Nominal Power Consumption:   2500 W

6TH - 25% = 4.5TH

6TH + 10% = 6.6TH - 31.75% = 4.5TH

2500w + 22% = 3050w

1190  Economy / Securities / Re: ASICMINER Speculation Thread on: July 31, 2014, 09:13:44 PM
Who sold down to 0.24 again? That doesn't seem like the best idea a mere 2 days before the cat announces their plans to bring down GHash.IO Cheesy

Announcing it and actually doing it are totally different things.

What I imagine RoadStress to look like:





+1 Grin

I see a public annoyance at a piece of road stress


1191  Bitcoin / Mining speculation / Re: Asicminer News 15-30% of Network on: July 31, 2014, 08:14:26 PM
the money for setup costs(chips are payed for) comes from the chip sales and HW sales, same as every other asic manufacturer that sells hardware and setups a large mine..... sell enough your own is cheap/free, that is the aim of the resale game after all is it not?

Oh it was not a personal attack, i was just being realistic based on the way you act and portray yourself in your precious spondoolies competitors forum threads. call it an observational statement if you would like, not an attack.

edit: friedcat is busy preparing for a big meeting in a few days time, he sadly probably has very little time to communicate with the forums at the moment and i am sure much will be announced then..... i wish spoondoolies-tech would spend less time hanging out on the forums gossiping about their competitors and more time meeting their production/power specs. Now run along and sell some more spondoolies magic internet money printing machines ....


why so negative all the time? Do you own shares in AM?
Or is it just the way spoondoolies, worst name ever, have asked you to troll, shill and spam?

I'm trying to be realistic and not a dreamer like people holding shares.  Feel free to correct me with numbers, not personal attacks.

How much money do you think are needed to deploy the 60PH while having only the chips in hand. What are the costs per GH needed for this deployment? I already said that with a conservative 0.5$/GH (chips excluded) they need 30M$. They don't have that kind of money right now and money don't grow in trees.

I haven't been monitoring AM's financial status, but are you saying that AM is in dire financial straights and has to try to make salvage attempt with their chips?  The company that was 1/3 of the network last year at this time?

Well please go and take a look at their last financial report then. It should take you a maximum of 15 mins to find it and read it. Having 1/3 of the network last year means absolutely nothing right now and past performance doesn't mean that they will get 1/3 of the network this or next year. It's was much much easier to own 1/3 of the network last year when the total hashrate was low, but it's much harder now with the total network so big.

friedcat said that they are self-mining since mid July. Why doesn't he post the live hashing speed?

1192  Economy / Service Announcements / Re: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace on: July 31, 2014, 06:36:49 PM
I have a question about Feedback.  Ok, so a buyer makes request for sizable amount of Bitcoins ties up my BTC for most of the 3 hour payment window then cancels.  

Looks like I can leave feedback, can they do the same for me?  I don't want to leave bad feedback if they can retaliate.  Undecided

It's called hedging ones bets Wink
1193  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs on: July 31, 2014, 09:22:20 AM
Yes spondoolies, terrible name, are acting real professional. .... spreading gossip about their competitors. ...... uou would think a team that failed to meet their power specs would have better things to do than gossip..... professional for sure

Looks like Guy was right, bitfury did just build another 20MW datacenter.

http://venturebeat.com/2014/07/30/bitfury-announces-hosted-mining-services/

It's a bit unclear whether it's already filled with hardware or not.

Also noticed "Some 40 percent of all Bitcoins are mined using BitFury chips." and "BitFury has an impressive track record, having successfully delivered three prior generations of silicon and has a roadmap to at least double performance-per-watt every six months. "

The Georgian DC is filled with hardware. They're working on the next one now.
Three generations of silicon are rev1, rev2 and LightFury, all 55nm custom made, UMC
Roadmap is nice, execution is lacking. Valery's full custom unique method is extremely challenging on the more advanced nodes. As I wrote, they're scrapped their 20nm effort after investing a lot of time on it.
They have enough money (endless...) to hired top notch designers though. 2015 will be interesting.
1194  Bitcoin / Mining speculation / Re: Asicminer News 15-30% of Network on: July 31, 2014, 07:03:32 AM
Friedcat has immersion cooling I would say they have one of the best chicken sheds you can get.
How hard would it be to put a new board in based on this video when they come online.
https://www.youtube.com/watch?v=oZavKweMrP4

Operational October 2013.

DataTank Container Data Center available in Q2 2014. Immersion-2 is an immersion cooling platform for 3M™ Novec™ Engineered Fluids such as Novec 7000 and Novec 649. By utilizing passive 2-phase immersion cooling in an open bath design, customers benefit from massively reduced cooling energy bill, lower acquisition costs, space savings, and a truly universal and durable system.

I am aware of their immersion cooling setup, but that only has 500kW. For 60PH they need 60MW! Numbers don't lie.

As for the DataTank Containers well as previously said I don't think that they have the money in order to house 60PH. Not even for 30PH. DataTanks are damn expensive to build/deploy and AM is out of money.

why so negative all the time? Do you own shares in AM?
Or is it just the way spoondoolies, worst name ever, have asked you to troll, shill and spam?
1195  Bitcoin / Mining speculation / Re: Asicminer News 15-30% of Network on: July 30, 2014, 09:00:29 PM
You should read again their last financial statement.

Last I checked they had 60PH which was completely paid for.

That's only the chips, but AM needs money for the rest of the components in order to start hashing. Also having cheap electricity available and high power capacity doesn't mean anything. It still takes some money to build a functional DC (need wiring, cabinets, cooling etc).

jimmothy how much $/GH do you think AM needs to start hashing considering they only have the chips right now?

AM owned 30% of the network with a large portion of their hashrate running out of what looked like a chicken shed...... it was mining at it's best.
1196  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 30, 2014, 02:07:25 PM
Am I the only one who interpret FC's words as "finally we failed in selling most of our chips, and now we have to change our plan to self mine and sell our own mining machine." Do you know how much value has been wasted compared with self mining or selling machines in the first place?

Probably yes the only one, as i would say you are wrong. The plan was always to try and maximize time and profits by initially selling chips, to a point it was either easier to set up self mining again or a point sales had reduced OUR cost per miner significantly..... a bit like all the other mining companies do, take preorders, set up a mega farm and mine the magic internet gold out of the network for cheap with customers money.... *cough* KFC *cough*
1197  Bitcoin / Bitcoin Discussion / Re: Which city will be the center of crypto currency on: July 29, 2014, 10:04:43 PM
Amsterdam or the Hauge
1198  Economy / Securities / Re: ROCKMINER - miners using GEN3 ASICMINER chips on: July 29, 2014, 05:25:31 PM
Dividend received on haclock and directly, thanks!
1199  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: July 29, 2014, 01:58:44 PM
So now that the difficulty was going flat AM comes to screw things for all miners. Great!


why should AM let everyone else have all the cake?
1200  Local / Markt / Re: te koop] PSU + USB hub on: July 29, 2014, 11:04:52 AM
sold 2 platinum PSU at 100euro each. got another 3 units left + several 500w units.
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