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1141  Alternate cryptocurrencies / Altcoin Discussion / Re: AMD R9 290X? on: October 26, 2013, 01:33:56 PM
Has anyone gotten one?
1142  Other / CPU/GPU Bitcoin mining hardware / Re: What to do with BFL FPGA singles now? on: October 26, 2013, 01:28:06 PM
I don't know the technical details - but I'm guessing that's a no? It can't be used to mine alt coins?
1143  Other / CPU/GPU Bitcoin mining hardware / Re: Help contacting Butterfly Labs on: October 26, 2013, 01:22:55 PM
I ran into the same problem to be honest.  I tried to contact them and I haven't heard a word...try calling them?

It's been a frustrating few months...so I started cloud mining and it's been fun!
1144  Bitcoin / Mining speculation / Re: STOP!!! Do not buy that new ASIC ! And here's why... on: October 26, 2013, 01:34:04 AM
Yeah - bitcoin is very self regulating.
1145  Bitcoin / Mining / Re: End of Big Miners on: October 26, 2013, 01:20:26 AM
As BTC few, the cost of cloud computing went up for mining.  CEX went up from .08 to .09 for GHS.  
1146  Bitcoin / Mining / Re: Cointerra playing funny buggers with its users Its $13,999 not $5,999 on: October 26, 2013, 01:17:54 AM
yeah says 6k on their website.
1147  Other / CPU/GPU Bitcoin mining hardware / Re: What to do with BFL FPGA singles now? on: October 25, 2013, 11:09:45 PM
Lol - I'm honestly too lazy to send it.  You guys can always try ebay =)
1148  Other / CPU/GPU Bitcoin mining hardware / Re: [Need Advice] Which would be best to buy? Hasfast or Cointerra on: October 25, 2013, 11:02:29 PM
Ive emailed cointerra not to long ago to ask about the type/size of PSU's they were using for their 2th/s unit. 

Needless to say, they couldn't give me a solid answer just "we estimate we will be using dual 1100s", but wasnt certain.

I had also asked if the PSU's were server/redundant or standard ATX, if they met 80 gold or above standards.  In the end I got a screen shot of a 1100w psu that could have been grabbed from just about anywhere with none of that information needed.

I am not at all questioning these guy's abilities in what they can do, they are all obviously qualified ENGINEERS. The one thing I do see different with these gents is, none of them have run the entire ship.  Just departments of, which is fine. Though could very well lead to a late arrival. due to the desire of perfection/standard engineers flaw.  Normally that is a great thing, sadly its a slightly different nature with btc.

I hope they deliver, I really do. I like their ideas/ team. 



Hello,
Sorry for the delay in answer. We have indeed chosen our power supply (PSU) supplier and we are equipping our TerraMiner series with power supplies from Power One (http://www.power-one.com). Our decision was based on the need for exceptionally reliable power sources for durability and reliability.

The CoinTerra Team

Are you guys really going to delivery early January?  I really do want test out your system but the difficulty rate is rising too quickly.  It's hard to tell if any miner will even get ROI let alone a profit.  I started using cloud mining which has been fun so far.
1149  Bitcoin / Mining / Re: Apparently you can buy hashes at 0.18 BTC/GH from cex.io (behind ghash.io) on: October 25, 2013, 09:01:08 PM
Just found out that one can buy hash rate (currently traded at 0.18 BTC per GH/s) from cex.io (the people behind that infamous ghash.io pool).



https://cex.io/ (regular link) Sad

However, according to http://bitcoinwisdom.com/bitcoin/calculator a 1 GH/s is expected to return about 0.083 BTC total (assuming 25% difficulty increment), so it's definitely not something I'd recommend to anyone.

On the other hand, you get to keep that 1 GH/s forever and can sell it back to someone at a later time.

Thoughts?

Given the difficulty going up in a few days.. those .18 shares are going to turn into .14 shares in a matter of days..

I lost .75BTC on that fucking site. Never again

How did you lose your money?
1150  Bitcoin / Mining / Re: Historical mining calculator? on: October 25, 2013, 08:35:52 PM
Maybe you can make one =)  Or team up with someone to make it.  It's not a bad idea.
1151  Other / CPU/GPU Bitcoin mining hardware / Re: Worth it? on: October 25, 2013, 08:34:30 PM
It's actually pretty low right now.  Like 180ish on Mt.Gox.
1152  Bitcoin / Mining speculation / Re: cex.io vs https://picostocks.com/stocks/view/19 on: October 25, 2013, 08:31:22 PM
Yeah - I just saw this morning - prices went from .85 GHS to .9 GHS - still every good.  Can someone tell me why it went up?  I guess I'll just hold onto the bitcoin payouts for now...waiting for it go down before I reinvest.


well we all know network hash rate goes up and difficulty goes up.   So a 50% difficulty rate lowers the price on your hashing gear more then a 40% difficulty rate.

So when you buy lets say 10Gh 1 hour after the difficulty change the price should be high  and when you buy  closer to the next difficulty change price should drop.


But it is not that simple.  People clock the diff rate and think it will be 30% or 40 % or 50  % .

  So if I have 1000 gh at .10 and I am 4 day away from the next rate  and I think the rate will be 50%  in my mind the 1000 will drop to .05  btc  

If I have 1000 gh at .10     and I am 4 days away from the next rate and I think the rate will be 30% in my mind the 1000 will drop to .07 btc

So a few days ago the guess must have been rate change would be  huge maybe 55% and lots of people dumped shares price was under .08

  Now that we are 6 hours away people see the rate will be more like 42%  so price moved up.  I believe the share price of this company will be very uncertain at the half way point of a rate adjustment.  Lets say days 5,6,7  out of  the 12 day period between adjustments.

Also usd price has some meaning.  10 gh at .1 btc = 1 btc .  1 btc = 200 usd

  if btc changes  from 200 usd to 180 usd  I think the gh price gets  bumped up just a bit.

Thanks bud,

That's a great explanation - I wonder if I should reinvest by cloud mining or should I keep the BTC??  What would you recommend and when should I consider one over the other.
1153  Other / CPU/GPU Bitcoin mining hardware / Re: BFL charges about $300 for shipping & actual cost is $53.95 on: October 25, 2013, 08:27:34 PM
On top of using the miners for several months. 
1154  Bitcoin / Mining speculation / Re: Will a Sep/Oct KNC jupiter ever ROI? on: October 25, 2013, 08:26:32 PM
That's pretty crazy...still wish i bought it =)
1155  Other / CPU/GPU Bitcoin mining hardware / Re: What to do with BFL FPGA singles now? on: October 25, 2013, 08:24:39 PM
I kept my brick =)

I don't think anyone will buy it at this point.
1156  Other / CPU/GPU Bitcoin mining hardware / Re: who's turning off their jalapeno? on: October 25, 2013, 08:22:48 PM
I'm pretty new to this process- I'm not allowed to up a referral link?
1157  Bitcoin / Mining speculation / Re: WARNING: Only buy 1+ Terahash or more Bitcoin miners hardware on: October 25, 2013, 02:30:03 PM
There goes mining =(
1158  Bitcoin / Mining speculation / Re: Will a Sep/Oct KNC jupiter ever ROI? on: October 25, 2013, 02:27:09 PM
That's amazing dude!  Wish I ordered a first day machine.
1159  Bitcoin / Mining speculation / Re: Any fluke solo luck stories? on: October 25, 2013, 02:26:05 PM
I just do cloud mining now.  It avoids all the hardware issues of mining =)
1160  Other / CPU/GPU Bitcoin mining hardware / Re: Pre-order miners, look here before you get your ass burned on: October 25, 2013, 02:14:55 PM
How can they continue to rise so quickly?? We will all be out of the game at this point - who is still recovering at this point?
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