A great question given the current extreme weather events in some parts of the country. There is a renter's insurance policy in place for the facility that would cover any electronics, among other things, so yes.
...
Well, physical theft is the most likely risk, if I had to guess. Back in May when I was considering being involved in ASIC biz on my risk assessment physical theft of ASIC hardware showed the risk off the charts. To mitigate, it must be not just renters insurance and not just your typical office. It must be specialized insurance and a data-center with military grade security. YMMV |
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We will likely start selling it again soon. There is no reprint required.
However, no copies of #1 are available at this time for immediate shipment. This is why we have temporarily stopped accepting new orders for it.
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bitcoinberudechange.com
avoid them, seems like scam, spamming all round. I never seen any bitcoin biz that could be trusted with more than one satoshi behaving like this.
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You guys are awesome!!!  |
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FYI, Bitcoin Magazine issue #4 (November 2012) contains an interview with Mark Warden and an article about this topic that is feature on the cover.
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Bitcoin Magazine, November issue #4 is in stock now and already has been delivered to some customers. Issue #4 sports a significant improvement in print and paper quality. It feels more like a proper expensive magazine now, as compared to #2 and #3 at least. Damn heavy too, 250g, due to significantly increased cover and text paper weight and increased to 92 page count (including covers). Please support Bitcoin Magazine and order your copy at http://bitcoinmagazine.net/subscribe/ now. We have it in stock. We ship within 5 days from receipt of the order and use a slightly quicker shipping method now. This issue is featuring interviews with Max Keiser, Mark Warden, Josh Zerlan of Butterfly Labs (with some exclusive previously undisclosed details on upcoming BFL hardware), a "top secret" report on anonymous bitcoin transactions, an article by Teri Buhl, and more. I think #4 is our best issue so far (but #5 should be better).  Thank You for your support. |
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So it's basically November, are people still thinking that they are going to get paid eventually by Pirate?
I thought this was pretty clear as early as May 2012 (and earlier for those with a brain who happened to learn about this 7-10% a week proposition earlier). |
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Issue 4 just arrived in The Netherlands  That was quick. We had some improvements in shipping process, it definitely works well for Netherlands. Thank you for letting us know. Issue #4 also sports a significant improvement in print and paper quality. It feels more like a proper expensive magazine now, as compared to #2 and #3 at least. Damn heavy too, 250g, due to significantly increased cover and text paper weight and increased to 92 page count (including covers). BTW we have no issues #1 in stock anymore. But we might get more copies later. However, issue #4 can be ordered at http://bitcoinmagazine.net/subscribe/ now. We have it in stock. We ship within 5 days from receipt of the order and use a slightly quicker shipping method now. This issue is featuring interviews with Max Keiser, Mark Warden, Josh Zerlan of Butterfly Labs (with some exclusive previously undisclosed details on upcoming BFL hardware), a "top secret" report on anonymous bitcoin transactions, an article by Teri Buhl, and more. IMO #4 is our best issue so far (but #5 should be better). |
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CoinLab has two initiatives. The original was a client that mined bitcoins using the gamer's GPU hardware. The proceeds go towards game subscription and in-game purchases
The second, initiative (and now, main initiative, it appears) is to have GPU owners run a client that will do computing tasks on-demand, including scientific or other types of computations, or mining if that yields better revenue. The presumption is that the revenue from mining using any GPUs will not be sufficient to pay for the cost of electricity, thus most will be retiring their GPUs from Bitcoin mining duty.
I hope Coinlabs have more aces in their sleeves. Otherwise this is a doomed project, and it has been doomed from the start. There is simply no way Coinlab would make any money at all, let alone millions they would need to recoup "investments" on any of the mentioned above initiatives. Not in environment where specialized hardware that is by two orders of magnitude more efficient and is widely available. Initiative 1. Mining for gamers. No sane gamer will do it, at least not after his parent's see the electricity bill and then there will be lawsuits for failure to notify about their "shift paying for your games to your electricity bill and pay four times more" idea. (think not about now but about 2013) Initiative 2. Back to usual pre-bitcoin age folding and SETI and such. Nothing new here. Same "do charity via paying to your utility company" scheme. These "initiatives" are ok for a typical 17yo and not very bright Bitcoin enthusiast who frequents these forums. Not ok, by any stretch of imagination for a VC funded startup. But maybe, hopefully even, I do not know something about Coinlabs and they actually do something smart with that VC funding. Gatorhex: Please add to your calculations cost of electricity consumed and calculate gross profit from GPU mining (hint: it is going to be negative). This would make it abundantly clear why this simply cannot be profitable and why "ohh but the hardware is free" argument is a not such a good one. |
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Gamers will need to have not only GPU's but BPU (Bitcoin Processing Unit) too. Please realize that upcoming ASIC tech is by 2 !!! orders of magnitude more power efficient than GPU's. This means that GPU's will not make enough bitcoins to cover electricity costs. It is not so much about cost of hardware as about costs of electricity.
A quick illustration for you. A typical household electric circuitry cannot handle more than 20-30 Ghps worth of GPU mining rigs. While this is something a relatively tiny and low powered ASIC miner can handle. GPU is about to get outclassed by 100 times more efficient hardware.
There is no future for GPU mining, whether it is dressed in gaming closes or not.
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https://www.bitmit.net/en/trade/i/7780-ubercollectable-copy-of-bitcoin-magazine-issue-1-authographedOn Bitcoin Confrence 2012 Bitcoin Magazine issue #1 with more than 20 autographs of many Bitcoin “celebrities” present on the conference was auctioned off. Unfortunately, the buyer has failed to pay and collect his copy. Bittalk Media Ltd, publisher of Bitcoin Magazine, has been holding the auctioned copy until now to allow the auction winner to contact us, to pay and to collect his purchase. Unfortunately, no one showed up claiming his purchase and we are auctioning it off again. There were only 7 copies of Bitcoin Magazine issue #1 brought by us to the conference. They all were autographed by more than 20 Bitcoin Personalities, including (in no particular order): Max Keiser, Stacy Herbert, Nefario, Mike Hearn, Tony Gallippi of Bitpay, Mihai Alisie of Bitcoin Magazine, Molecular, Vladimir, Meni Rosenfeld, Roman of bitfloor, Josh of BFL, Ribuck and many others. 2 copies were transferred to private collectors, 1 copy is now looking for it’s owner and 4 copies remain in our storage with tentative plans to be eventually auctioned off on upcoming Bitcoin Conferences. The magazine will be shipped to the winner of this auction from Bitcoin Magazine's office in UK. The proceeds of the auction will be used to pay marketing fees for promotion of Bitcoin Magazine all around the world. Should there be any doubts in validity of this auction please contact support@bitcoinmagazine.com for confirmation. Starting price is 7 BTC.
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Every time this thread reawakens, it seems to be a good sign that a short-term rally has topped.
theory proven ?! Kinda looks like it...but now it would be nice to discover the opposite thread, which when reawakened, marks a short-term bottom! You could simply manufacture it. Something like: "Damn, gentlemen, it seems we've wasted 4 years of our life on BS!" |
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Expect it by Christmas. Just about 2 month left to wait.
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Expect it by Christmas. Just about 2 month left to wait.
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