Bitcoin Forum
April 30, 2024, 10:44:08 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 [68] 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 »
1341  Economy / Speculation / Re: SELL EVERYTHING!!!!! on: August 02, 2011, 06:47:34 PM
Mining is no longer profitable.  GTFO, casuals.
1342  Economy / Goods / Re: Steam - Civilization V [2] on: August 02, 2011, 06:24:01 PM
Is it the validation code, or a physical box+DVD?
1343  Bitcoin / Bitcoin Discussion / I hope this downward trend leads to a shake out on: August 02, 2011, 05:14:29 PM
Too much network capacity right now, and my lowly 1.3 GH/s doesn't go as far as it used to.  I hope this downward trend in BTC price (are we calling it a correction yet?) leads to shake out of the casuals and fly-by-nighters.
1344  Bitcoin / Bitcoin Discussion / Re: Bitcoin is NOT WHAT YOU THINK! on: August 02, 2011, 12:07:42 PM
Oh hey look, bitrebel just discovered Wikipedia.
1345  Economy / Speculation / Re: $/BTC Time Series Analysis on: August 02, 2011, 09:23:50 AM
So much for "difficulty follows price... with a lag"  Embarrassed
1346  Other / CPU/GPU Bitcoin mining hardware / Re: Used 6990 under performing by 50% on: August 01, 2011, 05:12:49 PM
What kind of PSU do you have?
1347  Economy / Goods / Re: FS: Mangavox Odyssey Vintage Video Game System -22.22 BTC on: August 01, 2011, 04:43:42 PM
Damn, that's some vintage stuff right there.  $300 is low IMHO.
1348  Economy / Goods / Re: [WTS] 3 * Sapphire HD 5850 10 BTC each on: August 01, 2011, 04:37:16 PM
415 MH/s @ 950MHz with what config?  It takes me 1010-1020MHz to hit that MH/s number.
1349  Other / CPU/GPU Bitcoin mining hardware / Re: 475+ Mhash/s 5870 - Voltage mod and overclock on: July 31, 2011, 06:53:48 AM
WTF, I was getting 495 MH/s @ 985/300 for about an hour.  I'm not sure what it is I did, but was mining Namecoins in GUIminer, then switched back to mining Bitcoins with Phoenix.  I've done it 2 or 3 times now and it will mine around 495 MH/s for about an hour before it locks up.  I wish I could repro this stably.
1350  Bitcoin / Pools / Re: MtRed paying you 1% bonus to mine on our beta server until further notice. on: July 30, 2011, 11:58:41 PM
Finally a new round!
1351  Bitcoin / Bitcoin Discussion / Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken? on: July 30, 2011, 05:14:46 AM
SPEND $10K TO BUILD A SYSTEM THAT WILL MINE 700 BTC/DAY WITH BREAK-EVEN TIME OF 12 YEARS





OMG YOUR TWO $110 5830'S WILL TAKE 60 DAYS TO PAY OFF! MINING IS NO LONGER PROFITABLE
1352  Bitcoin / Bitcoin Discussion / Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken? on: July 30, 2011, 05:13:07 AM
I love it when people wait until mining is finally profitable to post these "zomg mining is no longer profitable" threads.
1353  Other / Off-topic / Re: The Bitcoin Dating thread!! on: July 29, 2011, 10:58:04 PM
Yeah I don't think this is going to be a hugely successful thread heh
1354  Bitcoin / Bitcoin Discussion / Re: How do we get the women on board? on: July 29, 2011, 10:53:16 PM
If you want the women on board, all we have to do is tell them that this is an exclusive men's club. Then they'll want to join in droves.

lol probably true.
1355  Bitcoin / Bitcoin Discussion / Re: [ANN] The World's First Bitcoin Luxury Wrist Watch! on: July 29, 2011, 10:52:07 PM

Damn, that's a nice looking watch.
1356  Bitcoin / Bitcoin Discussion / Re: [ANN] The World's First Bitcoin Luxury Wrist Watch! on: July 29, 2011, 10:50:46 PM
at least you aren't buying a pizza!

1,000 BTC might buy you a half a slice of laszlo's pizza Smiley
1357  Bitcoin / Bitcoin Discussion / Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken? on: July 29, 2011, 10:46:18 PM
Aren't addressing the large buy-in cost that exists now, will increase past the point of Moore's law soon, and also that this was not the case for the past 2 years.

Yes it was.  Before GPU mining came along, in order to increase your hashing power, you had to buy more CPUs, which meant an additional mobo/PSU/memory/etc.  And back then top of the line Core i7s were (still are) more expensive than 6990s... yet people still did it.
1358  Bitcoin / Bitcoin Discussion / Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken? on: July 29, 2011, 10:41:28 PM
As we've seen it only takes someone with about 4% of the supply of BTC to completely crash the price to $0.01, that is the kind of downward pressure compounded with the lack of liquidity that can be brought to bear. 


When did we see this?

No idea.  I'm guessing some time in 2009?
1359  Bitcoin / Bitcoin Discussion / Re: Mining at a loss: Insurmountable Problem in the near future or am I mistaken? on: July 29, 2011, 10:28:33 PM
niemivh, the simple solution to this "insurmountable problem" is to mine your coins and wait til they're valuable enough to cover your HW cost and THEN sell them.
1360  Economy / Service Discussion / Re: Paxum.com Issues: Recommend *Against* Using Paxum Now on: July 29, 2011, 10:11:29 PM
Because Canada is in Europe.
Pages: « 1 ... 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 [68] 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!