- For experiments with new features (e.g. PoS in PPC, NMC DNS system, Datacoin storage). - To improve liquidity of cryptocurrencies. - To experiment with new hash algorithms and security concepts (Tenebrix, Primecoin...). - To expermient with new economic paradigms (e.g. demurrage in FRC, ultra-high PoS-minting rates like NVC, automatic stability mechanism in eMunie, constant low inflation in PPC ...). - To detect security risks (see the 51%-attacks performed on some altcoins) - As a hedge against Bitcoin volatility - Monopolies are never good - To make some altcoin early adopters rich And finally: - So Bitcoin early adopters don't become too rich  A hedge against bitcoin volatility isn't possible because alt coin's prices are pretty much pegged with bitcoin. Although i agree that they can act as a live simulation for various concerns. You may want to add to your list the experiment about what happens when all the coins are mined. Some alt coins are almost mined completely already. Now we're getting somewhere. Thanks guys |
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Thanks very much. Now I've got more "questions, comments, concerns, praise, or even criticism", but would love to hear more from the community.
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Any one have questions, comments, concerns, praise, or even criticism?
Me, I have all the above. Please could you rephrase everything so an ancient dimwitted foreigner might understand how this model compares to reinvesting groupbuys, mining farm shares and other models how I might make a bob or two how you ditto |
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I'd want to start scraping some btc back from this round, but you're right, transaction fees will be a waste.
There are other great groupbuyers out there who set out from the getgo to reinvest part of the mined btc into new equipment.
Maybe dz could ask us to vote about that kind of model for r17
But I agree: 1. bobsag3 is heroic for letting us use his miner (how do we pay him back?)
2. Bitmain S1 was proven and worth having 2 weeks ago, but not now (so we should watch them for price drops (as if))
I also think dzmc would be a tiny bit stretched just at this minute to introduce new makes of hardware.
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Exact amt of a bobbie's 7.43centies
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I heard about this recently and decided to give it a try. The profitability charts looked really nice, for example. Anyway, here's my 24-hour review of Hash Cows vs. Litecoin. I'm going to keep it going for another day, but so far things aren't looking all that good compared to other mining options. We had a bad day that day down on the farm. Do a longer test pl |
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If you buy enough shares from dzminercoop, they'll take bank wire or something for x-3. they're the only gb
Neptunes 1st batch, the gbs that are left now aren't reputable enough for my liking. In general, kncminingop, takes fiat for gbs.
both in my sig
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Are we interested in calling out the scammy cloud asic mining companies?
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- One more thing: instead of closed cases, we may use open cases that can fit 2 mobos and up to 8 GPUs, if there's enough stock available.
Yeh do a knc, up the spec at the last minute.
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xstr8guy so sorry for my part in taking this important topic ot
reading between the lines we're getting somewhere
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YourPalToots stfu you ignorant pompous little shit. You obviously know nothing of this forum's centrality to the bitcoin project.
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It's deffo rule one. Some of the worst scammers never go on here just hoping for a complete newb to send btc to their sites.
How about: replies to emails and pms within 12 hours, unless they clearly state length of backlog.
other suggestions: Introduces the team, their qualifications, background...
Company history openly (oh dear subjective) discussed
shutting up now
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I think I have Rule #1...
No official announcement thread on Bitcointalk.
If you're a legitimate ASIC developer you would post here first to announce your project.
Duh why didn I think of that yes of course. We are devising here guidelines to set up the perfect scam in a few months time, joke afk |
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willing to send early test models to hero members
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Coming out of nowhere / no one here has heard of
Will not supply videos / specs
Unlikely claims re price per hash or power per hash
Strange or no people on team
Just in time registering of website
some random pointers, sure there are more
I've called techtime 'looks scammy' as they sell a Monarch shipping in a month ffs
Still seems subjective. "coming out of nowhere" - where should they come from? Unlikely claims seems easier to rate. There is only so many hashes from a chip right? Where is the line of unlikely? "will not supply videos or specs" - That should be easy although I've seen companies post pics which were not good enough for the crowd here. What should be included in the pics to allow them to pass the scrutiny here? "Strange people" - What the hell does that mean? "Just in time registering" - How long should a web address be registered for a business before it is deemed trustworthy? How long should a new business wait to sell their products? I would also like to add - Response time to emails Hey mr amt shill, chill It's late, I wanted to get the ball rolling. Feel free to gloss over any of my suggestions that were crap, and to answer some of your own questions with a suggestion or two. Will not be possible to be subjective, it's a feeling thing, I guess you have those. Maybe rules we can't do already |
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Coming out of nowhere / no one here has heard of
Will not supply videos / specs
Unlikely claims re price per hash or power per hash
Strange or no people on team
Just in time registering of website
some random pointers, sure there are more
I've called techtime 'looks scammy' as they sell a Monarch shipping in a month ffs
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Some of the multipools milk the most profitable altcoins and convert to btc for you. I make more than I would mining ltc. Just saying Top end gpus are in short supply, so people like Sy say the diff won't go up too madly, like 4000 by Jan, and we'd still as y'all said have the rigs to sell once we'd mined a few 'ltc'. I'm in two minds now edit: link re the diff: https://litecointalk.org/index.php?topic=9192.msg66172#msg66172 |
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I think I've added everything. SHWEW!
Advanced Mining Technologies (AMT)... what does everyone think?
Let me know if you see any errors.
agree they behave questionably, amt; they're part of virtualminingcorp, again no lonk so sorry, a member was ranting about them thanks for the hard work |
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ok i'll bite what usb's have you got and how much are they
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cows trample database
udders full to bursting
milkmaids frantically rejigging db
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