I am not SP marketing and this is just my private opinion. I don't expect the network to significantly grow beyond 300PH. There is no new technology that will allow that that will ROI. People will have to invest same money into HW that they did in last year, but they will not get the same profit. I don't see people creating hundreds of PHs in the next 6 months.
Now stop and dont make me look stupid, difficulty. Good prediction!
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sure, we had loads of miners sat on the shelves doing nothing...
do you even engage your brain, or you just open your mouth and let the sh!t fall out ?
Yes. I do not wonder , no. I know some got sold, some got made into miners, and some chips are waiting for more money to be available to turn them into miners. All that info is here and on havelock.
No great mystery.
You are too naive.
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BUT with the KnC announcement they are targeting 0.07W/GH with this new 5000 core FinFET technology!
That is at chip level. At system level it will be x2-x3 higher.
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We're currently paying Rockminer to allow Havelock to make a profit from the trading of AMHash shares. How does this make any sense from an AM shareholder's perspective?
I told you in the past that AM is indirectly sending part of their profits to the 3rd parties involved. You told me that I eat shit. Ok. *While I may look that I like to put salt on the would, I am just stating my point of view no matter if it hurts or not and no matter how much shit will you throw at me.So they retained 60PH of hardware rather than resell it? Why in the world for? Whenever they have a product for sale, buyers line up to pay them more in BTC than than the hardware would ever hope to generate. Sure, it feels good to AM shareholders who can say "our hash rate is X and we'll earn Y BTC over the next 9 moths", which is nice, but had FC put those units up for sale, he could have earned Y * 1.1 BTC for his shareholders as soon as the hardware was sold out, rather than by the time it reaches the end of its useful life.
i should probably shut up... I haven't owned AM shares since BTCT.co shutdown...
Wait until you find out that while they had a lot of hashpower available they preferred to let it sit on shelves instead of starting self-mining.
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i will make it formal i will accept bet saying dificulty in 6 days will NOT go up. I say will be below the 0% might even drop even if it is only like 0.01% it is still a drop. I dont think we need no escrow for a 0.1 BTC bet lol i think we both can be honest and open in front of everyone here. Let me know if you officially accept this bet since i know you betting for increase of difficulty. To avoid any confussion or loopholes looser has to pay winner within 3 days of difficulty change.
I'm glad I got the bet first!
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Today I received the refund asked April 28. Full refund +10% ........ Email to Arn was sent regarding the Distance sell low , and European low regarding unfair contracts terms , and also that during the purchase and registration process no information was requested and no verification submitted in regard to a business to business purchase In the beginning of December Arm will take knc to court for my case but I received the refund so I`ll close the case tomorrow with Arn
AHA! Grats on the full refund. I said in the past that KnC can't get along with the b2b bullshit! I did! I did!
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Working with crew on a perspex case demo machine for hk bitcoin expo ... Good luck!
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I want to bet on the next diff rise which is in ~7 days. I say it will be below 0.
ok, so the bet I proposed. You're on, 0.1 BTC, I say it will be above 0. (And if its precisely zero, I suggest we both donate to a charity :p) Time to turn on my 100PH machine! Ok.
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There are still 7 days until next diff change so there is plenty of time to rise, so I had to try.
I will your second bet because 3 weeks is a lot of time with such a thin margin.
Not sure I follow. You dont want to bet on the upcoming difficulty change, but you do want to bet on what exactly? I don't think I understand. I want to bet on the next diff rise which is in ~7 days. I say it will be below 0. I thought you wanted to bet on the next diff after the one that is in 7 days.
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My math isn't wrong. I actually pay 0.24 $/kWh (to 2 s.f.) for my electricity.
.24 cents heart breaking. AM is not in my good list right now. Should all get lumps of coal for Christmas. No no. AM is paying much less than .24$/kWh. Mabsark just likes to compare apples with oranges all the time.
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Im taking bets difficulty wont go down even once this year.
Still taking the bet? How about a 0.1 BTC friendly bet? I admit its beginning to look precarious. I assume you're betting mostly on the upcoming difficulty change? If so, ok, Im game for a 0.1 BTC friendly bet that the next difficulty will be higher than the current one. Though I have been more certain about other things :p There are still 7 days until next diff change so there is plenty of time to rise, so I had to try. I will your second bet because 3 weeks is a lot of time with such a thin margin.
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Im taking bets difficulty wont go down even once this year.
Still taking the bet? How about a 0.1 BTC friendly bet?
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Thanks. I am a bit overwhelmed at the moment with everything so I was surely gonna miss that. Look at the SP20 for example. At 1152 W, you'd have the following costs for electricity:
I stopped reading your post here because: so far the sp20 has done 747 watts and 1353gh on under clock Miners have the advantage of being able to underclock their gear depending on market movements as opposed to cloud mining so please go and count your recently div satoshis. It will be a better use of your time.
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Yes small cooler chips are more efficient for sure, but bigger chips that get alot more power per chip are cheaper.
You're confusing size with density. "GH per chip" is size. "GH per mm^2" is density. Density means you get more hashrate per wafer. Size of the chip is meaningless. The amount of GH per Wafer has a direct affect on the GH per chip which goes into the price of a chip and eventually into the price of a unit. If you have 1 wafer that can make 100 chips and each chip is 10gh or 1 wafer for 100 chips and each chip at lets say 50gh, the second chip you have a better shot at turning a profit on. It's no use trying to explain things to Syke rationally. He is in an emotional snit, suffering great butthurt, and in no mood to concede one nm to your mean old facts and logic. Let's hope HF's market-leading GH per wafer IP fetches a great price at the auction, so Skye will get his refund and stop being so grumpy and obtuse. Yes! Personal attacks are always better than reasonable and on subject replies. Here are some other generic replies which you can use in the future: "You have a small dick", "You are stupid" etc. Good point Syke. Bigger isn't always better.
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Hi i see the network of bitcoin have not many miners like i thought because of pools i guess, is it possible then to start solo mining for example with 25 TH/s and catch block with little luck??
Thank you in advance for your time.
It is possible to find a block even with 1GH/s, but highly unlikely. Without any difficulty increase it will take an average of ~80 days to find a block with 25TH/s, but you might be lucky to find 2+ blocks in those 80 days or you can find a block in 1 year.
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Im taking bets difficulty wont go down even once this year.
That also means that the exchange rate will not go below $250 which is nice.
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Those are first gen chips, stop spreading inaccurate info to deceive the shareholders.
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That said, AM may still be the most transparent mining device supplier on the market, simply due to the need to disclose financial statements.
I am waiting since July for the self-mining hashrate or mining addresses so I wouldn't call them "the most transparent" company...
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... 2) I would like to see some solid hard proofs that he actually intended to had a chip ready. All we saw was a retard NDA signed with eASIC, nothing else. That NDA could be just an informal talk nothing else. We still don't know or saw any proof that he actually sent money to eASIC to start the job. Even if he did wtf happened? I would like to see the failed project, but there isn't one and never was one; ...
I too believe that Ken intended this to be a scam from the beginning, but it is not true that all we saw was a retarded NDA. We also had a press release on eAsic's official website, I think that's what deceived most of us. Well that press release changes nothing. Think about it for a second. There is no downside for eASIC to publish that they started working with a company on their new 28nm mask. It shows that eASIC is very active in the chip fab game. It is also for a new technology and that might impress people who heard something about bitcoin, but haven't made their research on it. There is a very big market of people that haven't researched anything about bitcoin and they see that eASIC is "working on it" so they think that this company is a damn good one. And no company is releasing a press release when they fail or cease a big project because it makes the company look bad. It's damn easy. Also since nobody knows how much scammer Ken paid to eASIC and how much did he recovered what's stopping Ken for sending a $100k or $500k pre-payment so that eASIC can see that they mean serious business and they start the development process which is also triggering the press release. This is just a move to lure more money in my eyes. I want to see payment proofs and design stages and what exactly happened between Ken and eASIC! Until then this was all just a big smoke for everyone. BFL had pretty nice press releases too... http://pressreleaseheadlines.com/bitcoin-mining-technology-provider-butterfly-labs-ships-45000-orders-completes-preorder-backlog-65nm-product-line-188029http://www.prweb.com/releases/2013/8/prweb11035951.htm
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KNC is a crap company with crap products, crap customer support and crap ethics. In summary, KNC is just a bunch of dodo fouling up the streets of Stockholm and the bitcoin world.
vs BTW, anyone else notice how they put the component that reports the chip temperature at the very *edge* of the board
Derogatory comment with no supporting evidence ! Talk to you guys soon when Neptune ships ON TIME and OVER SPEC to see what kind of CYA excuses you are making for yourselves. Still makes me chuckle - at least you've seen the light now - praise (bitcoin) jesus! I'm not shy about admitting that I now understand what you folks were going through. Let me add though that you would have personally been a lot more convincing without the drama-queen and low-life rhetorical approach you adopted. Just the facts and nothing but the facts would have brought a lot of us around to your point of view a lot sooner. I am ok with myself when it comes to that. In the past the facts were pro KnC and I don't regret supporting them in their Jupiter days. A big red flag should have raised in anyone's eye when I had to wait 3 weeks in April to get my refund for my Batch 0 Neptune. There was clearly something fishy going on over there. Welcome back Avenger. Will you vanish after KnC will fall?
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