|
"The 71 stakeholders are responsible for distributing the 1 billion Nxt coins that were ejected from the genesis block via an injection of bitcoin (donated by them, 21 BTC total) into the genesis block. This is a requirement for this PoS system to work and this distribution is now in progress."
Um, hm.
|
|
|
|
|
Something sketchy is going on with the pool, the SSL certificate is broken for the frontend (phishing attempt?) and my miners can't connect to the backend
|
|
|
|
Hello bitcoin aficionados, We received very close to $1 million dollars in just bitcoin sales over Thanksgiving. About 10% of bitcoin orders that were placed did not go through our system because of the high volume of bitcoin transactions. This does not pertain to any other payment method. However your bitcoins are not missing! We have the transactions in BitPay and must manually enter them and provide you with the order number, which we are in the process of doing. We have received many requests over the weekend and will be responding to them today. Please note that due to the high volume, there may be some delays in getting orders out the door. However shipments will be shipped in the order that they are placed and we are expecting to get ALL shipments made over Thanksgiving to be out the door by mid-late next week at the latest, if not earlier than that. At the end of the day that your order ships you will receive an email with shipping details. If you created an account and would like a status of your order, you can log into your account ( https://www.amagimetals.com/customer/account/login/) for an update, send us an email at support@amagimetals.com, or give us a call at (800) 882 - 8496, M-F, 8-5 MST. The numbers are in. For November, we received more bitcoin than any other retail business in the world, except for one. We have been accepting bitcoin for a year now and could not be happier with the bitcoin community. Your patience, support, business, and love has been more than we could ever ask for. Thank you so much. We hope to continue to serve the bitcoin community for many years to come. Thanks. Still waiting for most of my order to ship, I'll call Monday and double check with you guys. |
|
|
|
The 2011/12 crash was from $33 to $2. Similarly in April 2013 it went from $264 to $50.
We're not even halfway yet.
Maybe it's a geometric series like bitcoin itself First crash 1/15 valuation Second 1/5 Third 1/(5/3) --> 1/1.6666 * $1200 = $720  |
|
|
|
|
After the $30 bubble, bitcoin went down to $2 before rising back up. At $1200 as the new peak, we're looking at the price going down to ~$80 if history repeats itself.
|
|
|
|
SELL you BITCOINS! Its crashing like I have never seen it!
you guys slay me I guess you don't remember when BTC hit $30 in 2011 and dropped to $2 eight months later? |
|
|
|
|
It'd be a wrapper for cgminer that automatically produces your batch files for you too, chillax
|
|
|
|
|
Before the end of the year for batch 1, yeah.
|
|
|
|
|
HashFast is asking me to write a miner frontend a la GUIMiner, so I may be doing that in the near future if they can get me out a test unit soon.
|
|
|
|
|
We're not at a time when BTC mining has reached maturity, really. In 6 months the market will be flooded with devices and companies will find themselves in a fierce battle to lower prices and try to outsell their competitors. ASIC manufacturers right now have no idea of the industry that they're seeking to enter, but people who have been involved in the microchip business since the earlier advent of computers are seeing echoes of the past.
I think that repurposing hardware is good for the next big chain, or for finally giving the incentive to complete the primecoin GPU miner, or whatever.
|
|
|
|
|
What is the actual hash rate of these devices when you account for errors?
|
|
|
|
|
I'm surprised to see you posting this gmaxwell.
A lot of the earlier developing staff saw this coming in 2012 and their response was this: "ASICs are an important means to secure the network and represent that a chain is reaching maturity."
The longer time goes on, the more I see this as true. There will be other coins to fill the gap.
My response now is: no, there's no need to change the algorithm and ASICs should be embraced, when they finally do come out.
|
|
|
|
|
They're 2GB, but they don't seem to unlock
Someone local is already offering me $280 for them (a little more than 6.5 LTC)... Sorry guys, but that's hard to pass up
|
|
|
|
@HashFast - 4 Dec 13 - 2:32PM ET
GN chip bringup - Power consumption: 0.14ua/MHz at 0.77volts at low speeds. That's 0.56W/GH/s. More tests happening now.
These twitter updates are great. Whoever at HF is doing these, thank you. 0.56W/GH/s does not sound very encouraging since they were advertising <0.5W/GH/s underclocked. Not sure at what speed they are testing at but it looks like consumption is +10% of what they were shooting for? HashFast_CL is doing them, though I have no idea who that is. I asked them for W/GH/s and I'm glad that they put it up today. They said they should have details on max clock speed and thermals within the next 24 h |
|
|
|
|
I'd honestly like to see the performance for my own eyes, I'm waiting on two myself.
|
|
|
|
|
HashFast has told me that they'll point their chip to mine at a pool so we can see the hashrate live soon, and that we'll have a lot more information on regards to clock, heat, and power consumption within the next 48 or so hours.
|
|
|
|
Lots of attention and potential. Can we expect an announcement from taco soon?
I'm hoping I won't be posting in this thread again except to announce that options to crowdfund will be available through trusted partners here on bitcointalk. Sorry, but for the next while until launch I think there will be a lot of radio silence from me. I'm looking forward to next year. |
|
|
|
|
Go
Ends Saturday the 7th
Includes x16 --> x16 risers free if you need them
|
|
|
|
|
Show Posts
