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161  Bitcoin / Hardware / Re: Algorithmically placed FPGA miner: 245MH/s/chip and still rising on: June 04, 2012, 12:23:32 AM

I do know that I always dislike perpetual relationships where I have no negotiating power and, most importantly, no idea how much I will eventually pay for a product or service.


And introduces a centralized point of failure into the equation as well...
162  Economy / Securities / Re: Motion Passed! Starting a new FPGA mining farm/contract! Cognitive on [GLBSE] on: June 03, 2012, 05:43:21 PM
dividends in one year will be the same as they are now, assuming a constant difficulty.

That is a rather optimistic assumption going against the trend of BTC so far..
163  Bitcoin / Bitcoin Technical Support / Re: bootable thumb drive ubuntu... how to install bitcoin client on: June 02, 2012, 06:41:52 PM
thanks but it just says "no application available to open bitcoinqt"

You did not follow the instructions as you would not see that if you had done what was suggested in the terminal program so on the left side of your screen go to the Applications and type in the Search box terminal double click on the icon for it to open Terminal then follow the instructions above, you may want to alter the very last one ./bitcoin-qt to ./bitcoin-qt & then it will back round the program allowing you to close the Terminal window without quitting the bitcoin-qt client.
164  Alternate cryptocurrencies / Mining (Altcoins) / Re: Quad XC6SLX150 Board - Initial Price £400/$640/520€ on: June 01, 2012, 06:49:47 PM

3) Power Supply
Are all the power connectors directly connected? What I would like to do is: stack 5 boards, connect the middle one via PCIe6 to PSU and connect all Molex connectors. Would this be doable to power all boards?


I have been thinking the same idea five per checking into the power supplies it seems you would be better going the other way one on the molex and four on pci-e six pin. The six pin provides I believe it is a dedicated 75w to the cable whereas the molex are shared on a cable that provides under the 75w per cable so there is chance you may overload those cables with a couple of boards on it.
165  Alternate cryptocurrencies / Mining (Altcoins) / Re: Quad XC6SLX150 Board - Initial Price £400/$640/520€ on: June 01, 2012, 06:20:33 AM
The Cairnsmore1 went from an idea to a unit in the wild..in what...40 or so days?

How long did BFL take to get that first unit out the door after the initial announcement?

If Enterpoint announced plans to bring an ASIC to the game a lot of folks would be pre-ordering/investing with Enterpoint over BFL.  Even with BFL's huge head start Enterpoint would likely make it to market first.

September 2011 announce ship March 2012 and still two months behind on the orders.
166  Alternate cryptocurrencies / Mining (Altcoins) / Re: Quad XC6SLX150 Board - Initial Price £400/$640/520€ on: June 01, 2012, 06:15:17 AM
An ASIC is exponentially more difficult to to produce. BFL claims to have been working on their product for a while, and I've been going back and fourth with them in email, and they might have hinted that they will be accepting orders on the date of the unveiling, which would be awesome!

Its all part of the plan you people around here have proven your willingness to give them your money months in advance of delivery already, free product development financing every businesses dream not to mention the already locked in profit on them boxes as well doing it that way. Oh and these boys do ASIC design as well so they know what they are doing there too.
167  Economy / Marketplace / Re: ["WAIT LIST"] BFL Singles Order Date / Ship Date on: June 01, 2012, 04:32:35 AM
What does the ~ stand for? estimates?

approximately, so yes an estimate.
168  Bitcoin / Hardware / Re: BitForce SC - full custom ASIC on: May 31, 2012, 03:12:49 AM
I think the hardware subforum should get a new rule. I am going to ask all the manufacturers to make official product threads, I am going to sticky those threads, and then we, collectively, are going to feel sorry for anyone dumb enough to troll in said official product threads.

What does everyone think?

Product actually implies you have something at hand to sell if that is a requirement then I am all for it, otherwise it is vaporware until it shows up not an official product..
169  Economy / Currency exchange / Re: [Canadians!] Canadian Tire Money for Bitcoins exchange! And vice versa! on: May 31, 2012, 03:03:09 AM
How much of the $100 bills can you get?

Pretty much as many as you want but the banks start asking questions if you want more than a few thousand dollars at a time, I think it was at three grand when they wanted to know what I was doing with them.

Edit: That would be CAD not Canadian Tire money that is what I think you are asking about never seen a $100 Canadian Tire money, I think the largest I have ever seen is $2 in it.
170  Bitcoin / Hardware / Re: BitForce SC - full custom ASIC on: May 30, 2012, 06:17:39 PM

I am not sure that the critics consider it Vaporware, but rather have doubts over what it will actually be.  Given BFL's track record of half-truths regarding their single, there seems to exist a healthy amount of skepticism regarding their announced future products.

I am of the mind-set that the single is a fantastic product.....but why the many half-truths and outright lies about it?  It would be great if they would run their company to a standard befitting of their end product(s).  The underhanded business ethics they exhibit in certain areas is disappointing.  



And that sums up the problem most have with them perfectly.
171  Bitcoin / Hardware / Re: BitForce SC - full custom ASIC on: May 30, 2012, 05:35:50 PM


I'm not quite sure why BFL would take on MORE RISK after funding the development of an ASIC chip.

Good business managers know that risk mitigation is way more important than quick profits.

I think an audit of BFL's books would show that you have been a significant source of funding for whatever development work has been done.  Your cash up front for hardware that still hasn't shipped has been BFL's risk mitigation.

As I pointed out earlier, risk mitigation could be accomplished by borrowing in bitcoin to recover existing costs.  If the exchange rate swings, or collapses you pay back in devalued bitcoin.  And the loan is repaid out of your super-fantastic 900% / ROI ASICs.  



I do have one question... What is exactly the point you are trying to make?


Regards,
BF Labs Inc.

I think it is pretty obvious your business model of cash up front followed by product months later with no communication of your plans/what you are doing with that money/product in the meantime is as others have pointed out is just a little bit shady...
172  Other / Off-topic / Re: P2P limits from ISP on: May 29, 2012, 07:31:44 PM
With my ISP downloading a 1 gig file takes roughly 45 min, but downloading the bitcoin block takes about 9 hours. I always use QT cause of its suppose to be the most secure and it was the one I originally downloaded and worked, so I have stuck with it.

One day out of boredom, I installed the QT client on a second PC within the same LAN, I thought, since its P2P and its inside the same LAN, then it will transfere the data faster cause its inside the same lan, but it still took about 9 hours to download.

I reinstalled the QT client to transfer the wallet to a new PC, and started around 11 pm est, its 10 am EST today and it still has not finished, but getting there lol.

Just wondering how I can test if my ISP has p2p limits

Believe you could have used the addnode option when starting the daemon/QT client to get it to connect to your already existing install for the download or better yet you could have just copied over the files in your bitcoin directory over the LAN before starting either of them to have it all already done no download needed then. If you left out the wallet.dat during copy then you would have the two different address one for each machine if you copied then both would use the same address.
173  Bitcoin / Hardware / Re: BitForce SC - full custom ASIC on: May 28, 2012, 05:20:12 AM
I do think it is a bit dangerous to announce the tech so long before it will be ready

Only way to get that pre-order money rolling in..
174  Economy / Marketplace / Re: ["WAIT LIST"] BFL Mini-Rig Order Date/Ship Date on: May 28, 2012, 12:20:57 AM
Haha, the "12-15 weeks" clears that up Tongue

Edit: Well he didn't specify whether those were Earth weeks...

Could be BFL weeks which seem to be 2-3 earth weeks..
175  Economy / Speculation / Re: What's going on over at Virtex? on: May 27, 2012, 02:34:19 AM
Does cavirtex let you withdraw that much if you get some sort of level 2 authorization (like gox)? Didn't see anything on the site if you trade more than 10k month

From the transfer methods page linked at the bottom of the site.


Quote
Withdraw Canadian funds
You may withdraw with the follow methods.

Transfer type                                   Delay                  Fees   Daily Limit   Monthly Limit   Available
Direct Deposit (to your bank account)   1-2 business days   $6   $3,000      $8,000               Now
176  Economy / Currency exchange / Re: Wanting to buy $40-60 bitcoin. on: May 25, 2012, 05:58:15 AM
Not even Paypal would allow that to be reversible or would they?

Who knows with them, supposedly if you open dispute then close it on the transaction they will not allow you to open one again on that transaction so that should get rid of the reversal part.
177  Economy / Goods / Re: BIT FORCE 832 MHASH/80 WATTS POWER [WTT] on: May 24, 2012, 10:40:56 PM
Damn you guys do realise with these kind of negotiations the BFL price will start moving up to $1000 a pop? Tongue

Pretty sure it would already be there if the were not asking for your money three months in advance of delivery...
178  Economy / Goods / Re: BIT FORCE 832 MHASH/80 WATTS POWER [WTT] on: May 24, 2012, 09:42:00 PM
I'll do 6x Sapphire 5830 and 2x 5850. 
179  Alternate cryptocurrencies / Mining (Altcoins) / Re: Quad XC6SLX150 Board - Initial Price £400/$640/520€ on: May 24, 2012, 06:42:14 PM
I believe CG does as well.

It does just needs to be enabled when you compile it.
180  Economy / Services / Re: GPUMAX | The Bitcoin Mining Marketplace on: May 23, 2012, 12:28:05 AM
Does anyone know what time the payments are being sent out now? I just started using GPUMax again yesterday and got a payment for .01BTC but had earned a little over .3BTC. Just wondering if the payments maybe go out twice a day or something.

Believe the idea is payments are calculated on shares submitted until midnight central time US paid the next day most times, so if those extra shares were submitted after that time then you will get paid for them tomorrow.
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