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1461  Bitcoin / Hardware / Re: Announcement: Bitmain launches AntMiner solution, 0.68 J/GH on chip on: May 04, 2014, 10:08:55 PM
Possibly some chips are not pinned correctly
1462  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: May 04, 2014, 07:48:13 PM
Anyone seen the bitmaintechs dot com website popping up?

99% sure its a fraud as all text is copied from the bitmaintech site but with the introduction of a Scrypt miner + some other products.



Yes very fake.   They even made a wiki entry to spam the fake site before they got caught.
1463  Bitcoin / Mining speculation / Re: who's going to make the first 50 T/H miner? on: May 04, 2014, 07:25:21 PM
I'm not sure about that but what will happen when the difficulty just rises too high and miners will be useless? Should they just be thrown away?

Can be used as space heaters
1464  Bitcoin / Mining speculation / Re: who's going to make the first 50 T/H miner? on: May 04, 2014, 06:36:33 PM
Not when difficulty is 200 billion.
1465  Bitcoin / Mining speculation / Re: The Best Mining Rigs Are Now Barely Profitable -- Now What? on: May 04, 2014, 06:34:08 PM
Btc price could easily go to 600 or 200.
1466  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: May 04, 2014, 02:59:22 PM
Good job attack team
1467  Bitcoin / Mining speculation / Re: The Best Mining Rigs Are Now Barely Profitable -- Now What? on: May 04, 2014, 07:22:54 AM
Great discussion going on here, interesting to read.

Bitcoin mining is in a huge bubble right now. It's hard to get data to analyze that market, but how many $$$ have been injected in that market since 2012? Consider all the R&D, investments in mining business, and investments in ASIC manufacturers. I'm pretty sure the money injected in mining overshoot what the Bitcoin economy is able to support today.

Bitcoin mining can't go over what the Bitcoin economy is able to support. The better the Bitcoin economy is, the better it's network is going to be. Like any bubble, it usually ends with a crash. I think mining was temporarily saved by the Bitcoin bubble last November, but it can't grow like that eternally, not at that rate.

I'm pretty sure it's going to crash hard in the following months. The market has to correct itself, the sooner the better.

That doesnt make any sense. If people overinvested in mining, it isnt going to influence the exchange rate. Why would I sell my bitcoins lower because you (hypothetically) are out of a few tens of thousand dollars or dozens of bitcoins in unprofitable or undelivered mining gear? Getting screwed, whether its in BTC or fiat doesnt really influence btc rate. This is no different than when pirate's ponzi collapsed.

If there is an impact, it will be tiny, and probably work the other way. Those that bought these unprofitable miners may hoard their mined coins hoping to eventually break even if the price goes up. But considering how few coins are mined compared to how many are traded, its not going to make a big difference.

This is correct, the price of btc has come a long way from .026 cents.

There is still strong demand as the price now is still higher than $85 last year.
1468  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: May 03, 2014, 09:33:11 PM
Minersource or minerstore wtf
1469  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 0.55 BTC for 180GH/s on: May 03, 2014, 03:42:17 PM
I will receive my s1 next week,   what altcoins you mine with s1? . And i want to buy a corsair cx750m is a good psu?  Thanks

You will spend to much money for PSU, just go for dell poweredge 2950 750w and it will cost you like $25 or 15gbp



If you are running the miner in your house the Dell PSU is loud! I like the eVGA 1300 watt. It will run 3 oc ants and can be found for $200 or less and is silent.

Not true, please find thread about adding 47kohm resistor to fan in psu. I wil add video shortly of 3 dell units and noise what they making
Video showing 3 units on test bench in spare room: https://www.youtube.com/watch?v=uHz2XERDvak&feature=youtu.be
IBM 2000w can be grabbed for like $60
 and you talking about psu for $200. obviously you doing this as hobby.

2000 watts on high end platinum psus can save $500+ in a year in electricity costs if your running it close to max 24/7.

Check the efficiency on some of the server psus you guys are talking about.
1470  Bitcoin / Mining speculation / Re: who's going to make the first 50 T/H miner? on: May 01, 2014, 08:10:26 PM
Bitmain and Gridseed all the way.
These companies have their sh*t togheter, doing what they promise.

Btw, I heard of this new company: Spondoolies. (What a ridiculous name)
They still have to prove themselves but they should be delivering their hardware next month.
http://www.spondoolies-tech.com/products/2-units-of-sp10-dawson-may-batch

I've been shipped ! I receive 3 SP10. They said mid-april starts the delivery, i received the DHL tracking the 17 or 18th of april.
I trust this company. Smiley

2 UNITS OF SP10 DAWSON – MAY BATCH
$7,995.00 .... and only 1.4 TH/s of mining power  Tongue Tongue Tongue Tongue Tongue Tongue Tongue Tongue
No ROI for sure!


Its two units of 1.4Th each = 2.8 TH
1471  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: May 01, 2014, 05:26:48 PM
I think manufacture costs can be under $1100 before power supply.

But then you have r and d. Rent employees etc.
1472  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: May 01, 2014, 03:22:38 PM
I just got my RMA for 1 board that's hashing all XXX's - Now to ship it back Sad

Is it hashing at correct speed but showing XXX or not hashing at all?
1473  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: May 01, 2014, 05:29:01 AM
They just need a little time to mine the btc
1474  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: April 30, 2014, 03:02:29 PM
They should update your account for a coupon, there is some discussion as to how long it takes.
1475  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner (1w/GH/s) Batch 4 is open for sale on: April 30, 2014, 02:53:36 PM
Just out of curiosity, has anyone purchased the S2's at the $2199 price even?  I'm tempted to if BTC reaches $480+ in the next few days.... thoughts?

$2199?  They are currently listed at $2599.

Alot of people who previously purchased an antminer s1 or s2 got a $400 coupon for a future order.
1476  Other / Beginners & Help / Re: Antminer 180GH/s S1 needs to be factory reset on: April 30, 2014, 02:42:29 PM

It will reset ip address to factory default also.

You mean all settings and IP will be reset to factory?  If so, that`s great. Thanks =)

Yes.  The first thing you should change is the mining pool info.
1477  Other / Beginners & Help / Re: Antminer 180GH/s S1 needs to be factory reset on: April 30, 2014, 02:26:18 PM
This button will reset all settings? or only IP address?

LAN was off on miner settings and now there is no way to config it and start mining ( F*cking stupidity

It will reset ip address to factory default also.

1478  Bitcoin / Hardware / Re: [Antminer S1 Sales open] Price changes daily, now 0.55 BTC for 180GH/s on: April 30, 2014, 09:17:43 AM
sounds French
1479  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: April 30, 2014, 09:15:32 AM
I'm so happy, still have some Neptune orders because I forgot them. And now they are doubled  !
Also, KNC is learning from their mistakes (shipping, firmware, maybe dead lines), so I'm sure to receive full functional miners.

You will eventually.  But unless you have too much money, did the investment bring anything in return. . .
1480  Other / Beginners & Help / Re: Antminer 180GH/s S1 needs to be factory reset on: April 30, 2014, 09:13:47 AM
It is a very very small push button on the left side of ant board like upper right
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