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1  Bitcoin / Mining speculation / Re: Miners DUMPING their ASICs on: April 10, 2014, 05:39:49 AM
PANIC
AT THE DISCO
2  Economy / Economics / Why do people still consider mtgox's price? on: February 14, 2014, 05:59:21 PM
We still have 3 other exchanges over $650, so why is everyone worried?
3  Other / CPU/GPU Bitcoin mining hardware / Re: In-car mining rig - bad idea right? on: January 24, 2014, 08:47:07 PM
Quote
= When enough excess power is available the rig is powered on and you mine for free.... In your car!

LAWS OF THERMODYNAMICS = there is no free power!

You will be burning more gas/petrol to power it.
Unless that power is already being generated by your alternator and wasted.  Then mining with the excess makes you more efficient.  <.<  

I like the idea of an automotive-based hotspot network utilized by mining hardware.

An alternator produces UP TO ~100A.. meaning it doesn't continuously put out 100 amps when the alternator is spinning.  If it did, assuming it's 75% efficient, you'd be drawing 100A/0.75 * 14.4V = 1920W @ 746W/HP = 2.57 horsepower your engine is putting out that isn't going to motion of the car.

Cars are about 35% efficient - 30% in heat removed by internal cooling and the rest out the tail pipe (why turbos are wonderful)
1 gallon of gas contains 131,760,000 Joules - @ 35% efficiency, you get 46,116,000 Joules of energy out of.
46MJ ~ 12.81 kWh.

@ $4/gallon, 1 kWh costs $0.31/kWh

Also don't forget to apply alternator efficiency on top of that too. => $0.31/0.75 = $0.41/kWh

YMMV
4  Other / CPU/GPU Bitcoin mining hardware / Re: In-car mining rig - bad idea right? on: January 24, 2014, 06:02:40 PM
Obviously

- you could also drive more economical and just use the saved money to pay for your electric.

Also your alternator has the potential to put out about 100+ amps at 14.4 volts
5  Other / CPU/GPU Bitcoin mining hardware / Re: namecoins on: December 16, 2013, 04:40:45 PM
Thank you i thought namecoins slowing down my performance of rig
 


not at all..  you can join this site to exchange them



 https://vircurex.com/welcome/index?referral_id=756-12066 


 I get a small kickback from them  for referring you to join.   It comes out of their pocket not yours.   if you do not want to do the referral link  here is a direct link



https://vircurex.com/ 


 the account is free to open.   1 NMC = .0063 BTC           

  so when the nmc get big  at bitminter  say 5 or more send them to vircurex and switch them to  btc



 

 this is my nmc address with them:

MvyqkhN7HotQLejWZMduA8Vq2NLitx4Axx    you can send me a tip for the info or not whatever you want to do.

referrals done right.  I hate when people try to trick people into clicking referral links.
6  Economy / Speculation / $BTC/difficulty on: November 18, 2013, 11:03:11 PM
back in 2011 when bitcoins were about $5 a piece with a difficulty of around 1.5 million they seemed to be fairly stable.

($5/BTC)/1.5Mdif * 609M dif = $2030

Opinions?
7  Bitcoin / Mining speculation / Re: I'm About to Quit Mining on: October 21, 2013, 08:11:32 PM
My jalapeno hit a 140M in 3 days of operation while the difficulty was 20M

then I sold the jalapeno for 2700$ because mining is a joke.
8  Bitcoin / Mining speculation / Re: What happens when ASICs cost more to produce than what they're worth? on: September 27, 2013, 05:34:42 PM
Notice in the OP I said cents.  Bitcoins have nothing to do with this, because I can't pay my mortgage in bitcoins.
9  Bitcoin / Mining speculation / What happens when ASICs cost more to produce than what they're worth? on: September 27, 2013, 05:30:51 PM
Will companies call a quits?

Once the difficulty gets high enough and say a 20GH/s chip (22nm or some shit) costs 30 cents a chip, but will only make 10 cents in its lifetime, no one will buy and it'll be a stand still because of the saturation of the mining network.

Thoughts?
10  Bitcoin / Hardware / Re: Bitfunder Fury - now for sale on: September 15, 2013, 03:32:26 PM
too expensive

$1000 for 40-80 ghash isn't even worth risking.

By the time we get these, it will barely make the $1000 back.  And forget about buying these with bitcoins, I see it making close to 9 bitcoins over its lifetime.. @ 80gh
11  Bitcoin / Bitcoin Discussion / Re: Bitcoin is becoming a black hole on: September 15, 2013, 03:27:42 PM
Is there a market for laptops preinstalled with the blockchain? Something for somebody to think about. Ironically, even with the hardware in stock, it would still take at least two weeks to take delivery.

or you could anticipate and pre-load it onto the computer before they order..
12  Bitcoin / Hardware / Re: [Poll] Burnins BitFury miner on: September 12, 2013, 12:58:36 PM
I would be interested in 2
13  Other / Off-topic / Look what I found on: August 30, 2013, 10:01:45 PM
http://www.youtube.com/watch?v=uaMCclmKl0E

scroll to 2:12 haha
14  Other / Off-topic / Re: well guys, i'll never work again, and heres why: on: June 27, 2013, 11:10:42 AM
It's like they're giving away free money or something! Gotta pay for it first though Wink
15  Economy / Computer hardware / Re: Selling my Jalapeno - IN HAND on: June 20, 2013, 08:34:44 PM
WTF US $2,000.00???   Shocked Shocked

Is 50 GH minner or what Huh  Shocked

Is never going to recover 2k$ with a Jalapeņo.

They are averaging 3.5k - 4k under the completed listings.
16  Economy / Computer hardware / Re: Selling my Jalapeno - IN HAND on: June 20, 2013, 08:23:23 PM
nun uh.  I followed a link to the alleged bidder and it says item is gone.  


http://offer.ebay.com/ws/eBayISAPI.dll?ViewBidderProfile&mode=1&item=151067381220&aid=e***s&eu=&bidtid=940773272005&view=NONE&ssPageName=PageBidderProfileViewBids_None_ViewLink

If that guy is real I'd email him and ask to end the auction early.  That price seems insane.



The completed listings say otherwise.

http://www.ebay.com/sch/i.html?_odkw=jalapeno&_sadis=200&_ipg=50&LH_SALE_CURRENCY=0&_from=R40&_ftrt=901&_udhi=10000&_ftrv=1&_udlo=1000&_adv=1&_sop=12&_osacat=0&_dmd=1&LH_Complete=1&_mPrRngCbx=1&_trksid=p2045573.m570.l1313&_nkw=jalapeno&_sacat=0

and the link works.  He is real.
17  Economy / Computer hardware / Re: Selling my Jalapeno - IN HAND on: June 20, 2013, 07:15:19 PM

Good luck with the selling. I hope mine will arrive still in this decade...

Best of luck!
18  Economy / Computer hardware / Re: Selling my Jalapeno - IN HAND on: June 20, 2013, 07:11:49 PM
There is no way it's worth 20btc.  I offer 1 btc.

Well apparently someone else believes it is worth 20BTC
19  Economy / Computer hardware / Selling my Jalapeno - IN HAND on: June 20, 2013, 07:08:19 PM
http://www.ebay.com/itm/151067381220
20  Bitcoin / Hardware / Jalapeno invalid nonce HW errors on: June 10, 2013, 11:18:18 AM


anyone have any idea why I'm getting so many HW errors?

specifically

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