It's funny, I get more nervous when BTC is climbing than I do when it crashes. I feel we should be at $110 - $130.
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I hope Paypal stays away. Terrible company IMHO.
Ever since about... I dunno, 5 or 6 years ago, when they screwed up a payment which caused me financial penalties and then they had absolutely no phone number at all for any sort of customer service discussion I have been an ardent disliker of these muppets.
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Certainly does look like it'll be late. I think CoinHoarder is right though, in his estimate. It'll be a bit late not BFL, see-ya-next-year late. I'll guess 2 weeks late on that start of batch 3 shipping. Which will not be a big deal.
Shipping from China isn't exactly the safest or quickest thing. But I have faith in Avalon that they'll get this done in a reasonably efficient way.
I still see BFL as a ways off of getting things done in volume. Don't think they have finished the design of the Jal'p at any sort of final revision level, and I don't have confidence that they will take any less than a month from now to start making product in the numbers they need to ship any more than 1% of their orders a week or so.
All guesswork though.
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I'll take it for.... .25 BTC
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Well begrudgingly must say 'good stuff' to BFL for finally [at least start] producing and shipping units. Still haven't seen much evidence that they'll be able to build any products in bulk yet, but at least now it does look like it will happen.
Once these get out the doors, and just a few months more, maybe just 2, and it's gonna be a radically different ball game for miners now.
I think the real profit making potential is going to shift more towards the hardware makers now, with ASICS. Not before long it's going to cost a lot of money just to make a meager amount of BTC in mining. Looks like you'll have to pay a couple of grand just to have enough hashes to make a maybe-ROI of what, 3 months or so? before your product is already out of date then, with little resale value. Edit: maybe I'm being a pessimist...
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It's possible but I'm not convinced there will be this giant exodus from BTC to LTC . There will be a big one, but I don't think most GPU BTC miners will go to LTC after ASICS roll out en masse.
I mine LTC (albeit only have 5 gpus so I'm just a hobbyist miner guy) currently. The ROI is already not much over BTC returns due to difficulty. Thing is, while BTC will be raising, and float LTC's boat some much, I don't see as much USD/fiat gains rising for LTC to conceive that it will be worthwhile when the difficult goes up by 5000%* in a couple of months time. I don't think the valuation of LTC will increase at the rate needed to match the incredible skyrocket of difficulty that would result if most BTC miners switched over.
* made this number up obv, but it'll be insanely ridiculously large when the asic wave crests
Guess this is more a speculation-type post so maybe I'll just leave my thoughts on this as that, to not derail the thread...
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Damn. That's a whole lot of ASIC going on.
And it actually looks like BFL might be shipping stuff in quantity in another month or two.
The difficulty is going to explode.
Sigh...my batch 3 Avalon order could not arrive soon enough.
I wonder if there will be an unheralded excess of used video cards going up for sale come summertime, or if many will stick around for the razor-thin margins.
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Might want to play it safe the first time and just go with a guy that has a lot of customer feedbacks.
It looks like each town has one major seller in it, with over 50 positive feedbacks or so.
Edit: ok just checked it out again now... actually 10 feedback is prob more reasonable.
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I have 7950s running stable at 670 mh/s (currently scrypt though). They are the new sapphire 7950s that newegg had a special on. i have 4 per rig running at this rate stable. I'll share the settings when i get home.
Holy crap really? Nice work. I have to get tweaking my own it seems... Have been pretty happy just at around 590 for scrypt...seems I have some work ahead of me tonight... edit: Please post your cooling used as well when you show the settings tonight. Thanks.
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You know I'd almost be more impressed by BFL if they planned to fail as much as they have; or it was an elaborate profit making scam. But I think it has been an accident and they are just borderline incompetent.
Not that they think they are a scam. But even if they started shipping in big volume tomorrow it will still have been a complete disaster for anyone who ordered anything from this company.
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As far as I know there is no calculator for this.
But on the other hand, figuring out your profit from buying and selling coins is pretty easy. You could also just use some of the calculators for mining, but merely change the price of BTC/USD that they use (many allow you to put it whatever value you want. )
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No looks like it was hacked-hacked. Read the third last post or so this page: https://bitcointalk.org/index.php?topic=14085.1980What is worse is Graet seemed to have borrowed a lot of coins to cover for what he thought was a config error that caused his wallet to be drained. And that was then taken as well. edit: last Graet post , that page linked edit2: website was vandalized as well, as an extra kick in the head . Feel terrible for this pool owner, seems like a genuine good guy.
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Holy crap. Terrible news. Sorry to hear that folks
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I sneaked into BFL last night. Wasn't easy. They have lazers and genetically engineered attack dogs. Took a lot of work but got an actual picture of the new Mini-Rig design. It's a little,little bit off of on the power per hash predictions, and a little larger, but it is still worth at least 300 November '12 bitcoins:
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Yes. I'm under the impression that the rev 2 is the currently available Windforce cooler card.. i.e this guy: http://www.directcanada.com/products/?sku=11830BD3894My apologies if that's not the card; that's the model I have anyways. I'm not a 100% on this. It has a 8/6 pin power connector and is voltage locked unlike the earlier 6+6 pin unlocked ones.
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I have both the Sapphire and the Gigabyte rv 2.
I prefer the Gigabyte card. It does 620 k/hashes for me while my Sapphire's do 580 currently.
Both are really good though. And tbh I have not really tweaked the Sapphire's to a great extent yet, so maybe they'll get over 600 without too much trouble.
I also really like the cooler design of the Gigabyte card though, because the lack of plastic on the top of the card makes them perfectly open for a fan above them, which can blow air right down through the cooling fins of the entire card.
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If you think you will be mining with those video cards 24/7 it is a good investment to get a high-quality, 'gold' rated power supply. It'll save you power costs, have less likely chance of burning out, and even if you stop mining it's just great to have one of these things; it'll last you a very, very long time.
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No great rewards with no risk.
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Where exactly is the the theard? I had a reply I wanted to enter into the theard.
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