If a sufficiently large company starts to accept bitcoin, the transactional volume is probably too much for the blockchain to handle at this moment. Today the Bitcoin network is restricted to a sustained rate of 7 tps by some artificial limits, however these can be lifted. For a complete explanation about scalability issues, refer to: https://en.bitcoin.it/wiki/Scalability

The technology will mature and despite regulatory hurdles, bitcoins will become more accessible to everybody. In 2014 and 2015 we will see many new companies making it easier for people to get started using cryptocurrencies.

The more people that are using it, whether for investment purposes or for actual transactions, the more demand will outpace supply and the unit price will go up.

The only way I can see the bitcoin losing value is when people start losing faith in the technology.

With increasing adoption (which I'm assuming), the demand will outpace the supply driving the unit price upwards. I'm guessing we'll hit the 10.000 USD mark before Q4 of 2014 or Q1 of 2015.

Hi, Yes, on Win 8.1, in the same folder, called memorycoin.conf

I'm getting 1 connection to the network now, however the software isn't mining. I'm getting:

{
"blocks" : 177,
"currentblocksize" : 1226,
"currentblocktx" : 1,
"difficulty" : 0.00000988,
"errors" : "",
"genproclimit" : -1,
"hashespermin" : "No information yet. Wait at least 4 minutes after starting mining for estimate.",
"pooledtx" : 1,
"testnet" : false
}

Eventhough it has been much longer than 4 minutes.

No connections to the network, does anybody have a working node?

Some small requests/ideas/suggestions:

- Small button "Determine strategy now"
- Add a Daily USD column
- Start / Stop devices individually through the context menu

That did the trick, thanks!

Minor bug report

- With "perks" enabled (i love your program), the currency symbol (BTC, PPC) is not updated after a quick switch to another coin using the context menu. However the amount is (just the currency symbol is not). For example if I'm mining bitcoins, it will say 0.002 BTC and after quick switching to PPC it will say 0.00013 BTC (where it should say PPC).

I hope I'm clear enough

I'm using your MultiMiner version 2.1, however cannot change the intensity setting. It's always set to D (dynamic mode).

In the advanced miner settings I use:

-I 13 --lookup-gap 2 --gpu-powertune -20,-20 --auto-fan --temp-target 65,65 --temp-overheat 85,85 --temp-cutoff 90,90 --gpu-memclock 1500,1500 --gpu-engine 1080,1080 --expiry 1 --scan-time 1 --queue 0 --no-submit-stale

And the "Automatically set dynamic intensity checkbox" is ticked off.

Please advise, it's killing my hashrate (around 20-50 khs where it should be 740 khs per card).

I've no miner arguments set per in the coin section.

In the process log, i cannot copy and paste it it seems, but it shows both the -I 13 and -I D is set.

I'm using a 333 Mhs USB Block Erupter, got it on eBay, prices range from $50 USD to $65 USD excluding shipping. For me I bought it as an experiment to see how legit these USB sticks (and sellers) were and indeed they are working and the product was shipped and arrived in good condition.

With the difficulty increases it's hard to reach a ROI within a year, or even at all. A good calculator can be found here: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

Less fun, but more profitable in the long run (Assuming the exchange rate goes up) is buying BTC and holding on to them, another strategy is mining ASIC based alt-coins and converting them to BTC at an exchange that supports the alt-coin. A good example is http://coinex.pw or http://cryptsy.com/, you can find the relative profitability on either http://coinchoose.com/ or http://coinwarz.com/

Hope this helps!