Thank you Giga.
Your words sounds like fresh air here, you know how to transmit confidence to your investors.
That is why they call them confidence men they are good at it. Unlike certain trolls who aren't even very good at trolling  That would be statement of fact on the ponzi he is running right now with this venture and that is what they call people who do that. Who is running a ponzi  I don't understand ... No doubt not many around here do understand basic math or logic. This venture here since it does not have 200gh/s running to pay out btc from that hash rate is one. It has a claimed 45-50gh/s running so in order to pay out the btc on what was originally a 100gh/s bond those btc have to be coming from a source other than hashing as it is impossible to pay out 100 or 200gh/s from at most 50gh/s. The most likely source is the suckers investors who purchased the bond paying themselves out of their own btc already given, the classic definition of a ponzi scam. It is pretty strange as you mention, I have to agree. The guy claims this in OP "- I currently run 33Gh in GPUs (undervolted and underclocked to 28.5Gh for the summer) - I also run 15 Butterfly Labs singles @ 12.45Gh" but checking the farm status only shows 14 ghash/s LOL and to my knowledge this has not been explained. Could it be that he is paying the dividents after investing the bonds in pirate's operation and the divident is coming from there and not from mining Not amusing anyone of anything just relevant discussion. 7% cannot make up for a 50% shortfall on a 100gh/s bond let alone the 200 it now is. |
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The two references are pending/sold/traded to DILLIGAF. The others are still available. I confirm this. |
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Thank you Giga.
Your words sounds like fresh air here, you know how to transmit confidence to your investors.
That is why they call them confidence men they are good at it. Unlike certain trolls who aren't even very good at trolling That would be statement of fact on the ponzi he is running right now with this venture and that is what they call people who do that. Who is running a ponzi I don't understand ... No doubt not many around here do understand basic math or logic. This venture here since it does not have 200gh/s running to pay out btc from that hash rate is one. It has a claimed 45-50gh/s running so in order to pay out the btc on what was originally a 100gh/s bond those btc have to be coming from a source other than hashing as it is impossible to pay out 100 or 200gh/s from at most 50gh/s. The most likely source is the suckers investors who purchased the bond paying themselves out of their own btc already given, the classic definition of a ponzi scam. |
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Thank you Giga.
Your words sounds like fresh air here, you know how to transmit confidence to your investors.
That is why they call them confidence men they are good at it. Unlike certain trolls who aren't even very good at trolling That would be statement of fact on the ponzi he is running right now with this venture and that is what they call people who do that. |
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Thank you Giga.
Your words sounds like fresh air here, you know how to transmit confidence to your investors.
That is why they call them confidence men they are good at it. |
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I am changing up my mining operation a bit. I have 4 5870s that I would like to trade for multiple lesser cards.
I'm interested in the following cards:
5770s
6770s
Also, maybe these:
7770s
6850s
I have 2 reference AMD 5870s, one was purchased new 4 months ago and the other was recently purchased from a non-mining friend, I'm not completely sure which is which. I have a Sapphire 5870 reference that was purchased from mrb and I have a non-reference Diamond that was purchased from [H] forums.
Ideally I would like to trade 1x5870 for 3x5770, but I'd consider other offers and we can include BTC to even out any deals.
I have 5x5770 Powercolor brand I would be willing to trade plus some BTC for two 5870 cards. Edit: http://www.powercolor.com/global/products_features.asp?id=233 looks like this is the model. |
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Same here..came out to $160 CAD.
jusssst fuckinnggg greaaatttt, I can order all the videocards etc i want from that reason without the MEGAFEE But if i want a BFLproduct i'll get slammed with 13%+? Fuck that.... As a commercial company they have to declare the value on the invoice and if the customs officer does his job that day which sometimes they don't then you will be charged the tax applicable in your province plus the brokerage fees to get it, otherwise if not doing their job it will just get delivered at your door no extra charges. |
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Better hope you get them early because once them things get out there in force that is going to be like running a single 5770 today..
I sent emails to all of the BFL employees whose addresses are public within minutes of their announcement Smart move the first people to get their hands on these things get a definite leg up. leg up? You mean first leg down the road of it ever paying off. I'm dubious on these things ever being paid off as well but if you can get that 1th/s box a week before every one else you just might have chance at doing that. The math 1/13*7200coins a day=553BTC*$6*7days=$23261 so only $6k/~1000btc needed over the rest of its lifetime to get it done. Now with multiple boxes shipping a day going into to service not a hope in hell to ever pay them off. |
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5. The real number is probably higher since ASICs won't dominate the market for several months after deliveries are made.
I fail to see how that statement has any basis in reality, when they ship if one rig box a day is put into production then in twelve days the network hash power is already doubled on the thirteenth day they are the majority of the hashing. At the end of two months at one a day the network has grown by five times its previous rate. |
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Also, how do you delete a worker now? I see no way to do it with the new interface.
There never has been a way to do that. |
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Wrong. The difficulty changes every 2016 blocks, not 2 weeks. Yeah...talk about disruptive technology...lol Most of the 21 million bitcoins would be mined in no time compared to the original estimates...
the difficulty changes every 2 weeks. So unless we could online this massive amount of hash power in that timeline, difficulty will quickly increase to keep the block generation as close to 144 per day as possible. you know what I meant..... They are completely different. If the difficulty change is time-based, we could theoretically mine 21 million bitcoins instantly. But this is not true As was seen at this time last year when the massive amounts of hashing power was being added the diff can/will increase 4x in 3 days not 2 weeks and will continue to do so as long as the hashing power continues to be added just like it did then for weeks in a row even after the bubble burst as they continued to pile on. |
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Better hope you get them early because once them things get out there in force that is going to be like running a single 5770 today..
I sent emails to all of the BFL employees whose addresses are public within minutes of their announcement Smart move the first people to get their hands on these things get a definite leg up. |
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Does this message change the mining strategy ? https://bitcointalk.org/index.php?topic=87934.msg966895;topicseen#msg9668951) BitForce SC Jalapeno: a USB powered coffee warmer providing 3.5 GH/s, priced at under $149 2) BitForce SC Single: a standalone unit providing roughly 40 GH/s, priced at $1,299 3) BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899 This will effect all miners, but if BFL stays consistent, there will be plenty of time for preparation between now and this change. Because of our recent purchase of Singles, we might have a priority in upgrading to three BitForce SCs and two Jalapenos, for a total hashrate of 134200mh/s. This is nearly 21mh/s per share! Better hope you get them early because once them things get out there in force that is going to be like running a single 5770 today.. |
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Gh/s is the new kh/s, but probably not for another... 12-15 units of BFL time.
Your off by an order of magnitude Th/s is the new kh/s. |
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3) BitForce SC Mini Rig: a case & rack mount server providing 1 TH/s, priced at $29,899
This strikes me as very odd. You could make a much higher profit margin. Why on earth would you price these this low? You seem to have delivered, if a bit tardily, so far, but this just leaves me stunned. Pricing this low cannot make any sense for your bottom line. Well doing some quick math on it option 3 x 1000 units gives you roughly $30M sales now do believe I have seen the figure of $1M for the mask then the chips are dirt cheap so say another $1000 for the box hell even $5000 for the box that would be $5M so $30M-$6M=$24M profit, not bad for a few months work. The real fun begins when the clowns that gobble them up and their bad math that is so popular around here realize them fancy 1TH/s boxes they have all bought just raised the diff 1000x more giving them a whopping return of 1BTC per day from a $30k investment... |
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There must be a reason that financial institutions love Java and C#. These languages are more suitable to large-scale projects.
They also have the backing of large companies that you can sue for billions if shit goes wrong.. |
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Well the people who should care are the fools who are paying themselves with their own money/btc until it runs out..
Which it won't, since there is actually hardware. Are you willfully ignorant? Don't bother answering that, because it is obvious that you aren't comprehending a whole lot here. As of this moment and for the last two months there has been no hardware, when you are supposed to be paying a bond on 100gh/s (as it was originally) out of that hashing power and you don't have that power working for you then you are not doing what is required of the bond. It is you who are being willfully ignorant your lack of comprehension of that simple fact is stunning in its lack of any reasonable basis to make that claim. |
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Does anyone actually own one of these things? I'd love to buy one or two of them if I could actually see what they look like and get a detailed breakdown of whats inside.
None have shipped so far they claim that the reason they have shipped so few of the single units over the last couple of weeks is to work on getting these out the door plus they supposedly have big ASIC announcement due on the 15th of June that makes these machines obsolete. Dillgaf, nobody ever said such a thing. Quite the opposite, actually. We have two distinctly separate production lines. The singles are shipping in volume again and have been for some time. Believe it was BFL-engineer who said that in one of the threads and if by volume you mean next to no one on this board reporting much for shipping of their singles to them then yeah you must be shipping tons of them. Mr. FUD at it again. Are the only people who mine BTC registered on the forums? Do they all have to register here before they can install the bitcoin client? Do you have BFL's client list and know that only people registered on the forums buy singles or mini rigs? You would be wise to moderate yourself. If you need to take your anger out on someone, maybe you should look in the mirror. Bitter little troll yet again eh? Well it is certainly not FUD that you are not paying your bonds out of a 200gh/s farm which you don't have and I notice did not reply to that question when I asked it, again just another chime in to spread your personal attack on me once more. If you create an asset and sell X Ymh/s bonds, and don't actually have any mining hardware but still pay out what you should, who cares? Also, not paying your bonds out of a 200gh/s farm which you don't have Double negative, so you're arguing against yourself  Well the people who should care are the fools who are paying themselves with their own money/btc until it runs out.. |
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Does anyone actually own one of these things? I'd love to buy one or two of them if I could actually see what they look like and get a detailed breakdown of whats inside.
None have shipped so far they claim that the reason they have shipped so few of the single units over the last couple of weeks is to work on getting these out the door plus they supposedly have big ASIC announcement due on the 15th of June that makes these machines obsolete. Dillgaf, nobody ever said such a thing. Quite the opposite, actually. We have two distinctly separate production lines. The singles are shipping in volume again and have been for some time. Believe it was BFL-engineer who said that in one of the threads and if by volume you mean next to no one on this board reporting much for shipping of their singles to them then yeah you must be shipping tons of them. Mr. FUD at it again. Are the only people who mine BTC registered on the forums? Do they all have to register here before they can install the bitcoin client? Do you have BFL's client list and know that only people registered on the forums buy singles or mini rigs? You would be wise to moderate yourself. If you need to take your anger out on someone, maybe you should look in the mirror. Bitter little troll yet again eh? Well it is certainly not FUD that you are not paying your bonds out of a 200gh/s farm which you don't have and I notice did not reply to that question when I asked it, again just another chime in to spread your personal attack on me once more. |
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