I don't get this, is it price? I thought people would be investing in NVIDIA 580GTX's rather than ATI.
What gives?
The3 fact that the NVidia is NOT "so much better" but "totally crap" for mining oprations. SO much worse that buying an Nvidia for mining is stupid. Check the numbers.
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Jusstas a note - your payment timeplines are not realistic. Mining perations ar not run by businesses, you will find a problem with someone dwealing with this daily on a constant basic. People like taking a day off sometimes.
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100's of man-hours have been provided for this business at absolutely no charge, in addition to the majority of the infrastructure (cables, routers, shelves, the building, etc.) That's money the business was saved, and that is money I counted towards my debt to the business, in addition to my reinvesting.
At this oint it is clear you are stupid. Sorry. I saw these costs first time I thought of SkepsiDyne and though - you saw them. And decided willingly NOT to put them into the contract. Get paid out of the profits of the company. You know, people complaining here you break the contracts are right - you decided when you offered this company IPO to not get paid for that. Now you take money out which is, in simple laymens terms, theft. Maybe you overlooked them, but jsut taking moeny out (i.e. shares) is not morally and legally ok. On top, your rigs run horrific Now you one sided rewrite the contracts. Happy enough for you quite noone of the people has enough invested to make this painfull for you.
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Thank you. Gop back to school, whatever school you went to return your certificate saying you slept in basics physics. Per basic physics it means 1kwh heat - other energy output which is sound (VERY little) and anything else. People learn this in 5th grade here. Energy preservation. ESPECIALLY: YOU CAN NEVER HAVE MORE HEAT THAN THE ENERGY YOU USE. This is when you burn something the inner energy (exothermic reaction) bu a computer does not use up any fuels, you know.
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If you buy 1 share of BitCO for 8 BTC, you will be entitled to .1 BTC per month in dividends, or 1.2 BTC per year. That is a 15% yield per annum. Any serious investor will tell you that type of yield is very high. However, since this is a brand new concept, we are comfortable pricing the shares at 8 and offering such an attractive yield. We feel it will be beneficial to the Bitcoin community.
No, it is too low. SERIOUSLY too low. This is a high risk investment with a high risk of loosing the value after half or one year of return. THis is not a guaranteed bond by someone with a balance sheet. This i not an investment into a significantly growing business. I wont touch that with my investment side, sorry. Not for a yearly 15% yield. Make that 150% and w can talk - then after half a year I recouped most of my investment. Why would we give away the company like that? If we are going to pay a 150% yield, we will keep the shares to ourselves. Strange people who come out to comment indeed. Why should I invest into that then? If you can not make back most of my money before the next risk cfactors hit (which are the 7xxx series and the drop in payout) then why should I invest? Seriously, 15% isa good yield for a B style bond or a viable long term business perspectiv, but this is missing here - you will run into significant depreciations left and right and your mid termfinancial credibility is bad to start with. This is not a gold mine where gold will still guaranteed to bein demand in 20 years. I would expect the hardware cost to be recouped in a year or... the risk is too high.
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If you buy 1 share of BitCO for 8 BTC, you will be entitled to .1 BTC per month in dividends, or 1.2 BTC per year. That is a 15% yield per annum. Any serious investor will tell you that type of yield is very high. However, since this is a brand new concept, we are comfortable pricing the shares at 8 and offering such an attractive yield. We feel it will be beneficial to the Bitcoin community.
No, it is too low. SERIOUSLY too low. This is a high risk investment with a high risk of loosing the value after half or one year of return. THis is not a guaranteed bond by someone with a balance sheet. This i not an investment into a significantly growing business. I wont touch that with my investment side, sorry. Not for a yearly 15% yield. Make that 150% and w can talk - then after half a year I recouped most of my investment.
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Exactly. From my futures broker I get a balance sheet every month to see how their balance and health looks like.
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Two ways, Either connec the pins the power switch goes to (it is not magic, you know)
Or - get a motherboard with an on board swith. The MSI I use has some on board sensors, amkong them one that works as power sensor. Stripe finger over it, board shuts down.
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Not that it will get a lot better this time with the rates like that Crap I hope it goes up soon.
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Consider also that $0.011/kWh would be at or below the production cost of almost any hydroelectric dam in the world, including the Guri dam in Venezuela, which supplies 73% of the electricity in your country.
Thanks for the education of NORWAY not being on this planet. They get most of their power from dams, and the power costs often are in the 3 cents / kwh range. 11 is terribly high for hydro.
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MtGox likely has more than 2 million. (most of that might be reserve, though).
Most of it is not owned by them at all. Being an exchange they keep large amounts of all involved currencies for the customers
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No, he hasn't. That $150 isn't pure profit. Marketing, development, manufacturing, and labor costs come out of that. At 50,000 cards, we are nothing to them.
I would not say that. We are worth ramping up the production of the 6990 series or the 7xxx equivalent because "the market for the high end card is larger than pure gamers". And that is it. Someone changing the monthly number of highest end cards that is being produced because there is additional demand.
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DO NOT COOL THEM. Move the hot air out - a LOT more efficient.
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This is especialyl true as the manifacturing lines are long planned out and - well - nothing is lost to AMD by just waiting. They will ramp up production of high end chips a notch in due time (when it meets their factory timeline, latest in the 7000 generation) to cater some higher demand from the miners, but THAT IS IT. Definitely nothing to do more than think "ok, we may sell 50% more of the 7990 than without mining". I personally lok forward to the 7xxx series - finally a step that is long done on the CPU front. Should take down power usage as well as give a significant performance boost for my other favourite usages.
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I hope you realize what you say is utterly sutpid.
... blah blah blah.. tl;dr;
My original point is that you won't see double transistor count after a die shrink. Sure, manufacturers want to maintain an edge over their competition by rearchitecting the core or making other enhancements, but it's just naive to think that a core shrink from 40nm to 28nm will yield double performance. Thanks for your super smart insight though It is not. Do not forget that there are two items at the same time: * More transisteos per surface * Higher clock speeds possible. Find that bad argumentation? Look at what happens to the CPU front - same thing. Even with only 50% more transistors they can more than double performance by ramping up clock speed.
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I hope people realize that the transition to 28nm means they can fab the same GPU on less silicon. A die shrink doesn't mean they're going to fab a GPU with the same surface area as a 40nm GPU but with 85% more ALU's, because that wouldn't make sense at all.
Odds are they're going to use the die shrink to crank out a higher number of GPU's to meet (hopefully high) demand. With the move away from VLIW, it's anyone's guess as to how the on-die real estate will get divided up.
I hope you realize what you say is utterly sutpid. ATI has no problem makin as many 6990 as they want - the problem they have is that this does not happen "at will" and they simply scheduled too little capacity on those chip lines. You can bet you ass that they will scheule larger percentage for high end cards of the 7xxxx cards are better than the 6xxx series for mining (which they will be) to accomodate the increased miner usage. But, again, once scheduled this is not really the problem -as can be seen by the amounts of 6970 available on distribution channel. What is more criticla is that they are in a struggle with nvidia that is to a large degree decided by speed. So, getting a 28nm card out, beforre nvidia, they will make sure they kill there. They likely will make chips that are significantly faster than the 6xxx series (and no, 85% is not the number... we talk of 185% more density), also ramp up the speed (which is a side effect of smaller structures) and come out with something 2-3 times as fast as the last generation (the question is whether this will also be integer performance). THEN they will also use a little less power - and start killling NVIDIA as competition as long and as strong as they can. Doing what you says would mean they totally loose the competitive advantage of moving to 28nm before Nvidia. it is so utterly stupid it would result in the board of AMD getting letters from some lawyers from their shareholders for destroying corporate value. This is not a struggle for yield and production costs for a large part, it is simply a struggle for performance. This is, btw., the same thing that always happend with the exception of the 5xxx -> 6xxx transition which was a really bad thing - basically the 6xxx series was supposed to come IIRC in 32nm, but they could not get the production process reliable in time, so they went with the same "old" process and got stuck in 40nm like the 5xxx series. Bad timing. This time they are early - earlier than Nvidia - and I bet (as in: buying AMD stock vs. Selling Nvidia) that they will use it for some really nice marketing spin.
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lets say the 7XXX series cards come out, and they do have 2* the stream processor count. This should mean they are more expensive than the previous generation (because of these improvements). Yeah, because this is what happened in the past. Dude, the WHOLE idea of the 7xxx series for ATI is to offer more power for the same cost. Due to the die shrink the plan is pack more than double the stream processors, at a higher frequency rate on top, into the same silicon. No, it wont be twice as expensive, and it will an immediate have an impact on the old hardware prices when it is available. They will be a little more expensive, but not massively so.
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I'm hoping that's where LIF.VC, BST or IBB come in.
I think we need to demonstrate a healthy demand, to stimulate the supply.
Well, give me a decent investment with a decent company and we talk. And not for amounts that are in the lunch money area. 1000+ BTC usalble funds in a market with enough liquitkiy (50x1000 BTC turnover daily) and we can talk Sadly, LIF is not giving any registration info on the website ;( You expect far too much far too soon. For now we should reward the small scale businesses that demonstrate professionalism, realism and honesty, while providing frequent, quality communication with shareholders and meeting the deadlines for dividends etc... that they agreed to. From these we can build to the higher value investments you seek. Two problems with that. * a 1000 BTC investment IS a small business. It is TINY for anythign requiring capital. Every small shop needs a lot more than this as capital. * the list of companies is small. if you take out those not being professional, realistic and honest then pretty much only one is left, or? * How many of the businesses are legal businesses? Just to check the "honest" part We need to get something onto GLBSE that has enough size to be real. Dont get me wrong, but if you pay me 500% of my investment per month but the maximum investment is 100 USD then the deal can be as real as you want, it wont be worth looking at it. I hope someone would get up with something more sizeable. Looks like this is no the case at the moment. Unless this happens, I see a real problem.
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I'm hoping that's where LIF.VC, BST or IBB come in.
I think we need to demonstrate a healthy demand, to stimulate the supply.
Well, give me a decent investment with a decent company and we talk. And not for amounts that are in the lunch money area. 1000+ BTC usalble funds in a market with enough liquitkiy (50x1000 BTC turnover daily) and we can talk Sadly, LIF is not giving any registration info on the website ;(
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Having issues paying out dividends, I have contacted Nefario about it so it should be fixed soon.
Again? Not pointing fingers in your direction this time KJust wondering how unstable GLBSE is in this regard. Not the first time issues arised. GLBSE is very very stable, I test the crap out of it before releasing any changes. The problem is that Tawsix was using an older version of the command line client, and has been offline so long that he missed all the notifications about the update. Once he updates it'll work fine. Nefario. Ah, ok I hope yuo ramp up the web interface soonish So a command line client is not necessary anymore.
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