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Nope, my thinkig was more along the lines "And so it begins..."
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I would also like to state that I will never ask for a BTC loan.
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Dibs on the neon signs when we go in with pitchforks and torches!
[disclamer] This is a joke my asic lottery ticket allready "won" me a credit card refund (bASIC).
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Gentlemen this is what we call variance and thats all it is untill the 7 day average confirms it.
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Are those FPGA boards?
Yes, those are Enterpoints Cairnsmore boards (4 spartans per board), stacked and fans mounted on the sides, the strandard construction has them on the top. |
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Welcome, I would like to suggest you show some of your previous work and do something to gain trust. As an example I myself approach trust by not being anonymous.
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Anyone buying bitcoins with the goal of gettting rich is going to be very disappointed. It's a bubble mentality and it always ends with the pop of a bubble.
There are countless examples of people jumping into something expecting to become rich and walking away with nothing. Here are a few recent well-known examples: gold and silver in 1980, day trading in the 1990's, the dot-com bubble, the housing bubble, and bitcoin in 2011.
If you want to become rich, do something productive. Get involved. Be innovative. Come up with something that others will want to pay you for. That way no matter what happens to bitcoin, you will still come out ahead, and you will certainly do better than if you just buy some bitcoins and count them everyday.
People that come up with all these calculations about how BTC will be worth millions are not thinking rationally. They are completely ignoring all the risk and all the more likely outcomes. If you don't believe that there is a good chance that BTC will be worthless in 5 years, then you are a fool.
+1 |
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This is the array of ~140 Cairnsmore CM1 boards I built last summer. The last time I had all of them hashing on a single pool they were pumping out around 115 GH/s. Power demand is 6.5 kW, not including cooling. I've moved them to a better location for summer, which is why I'm comfortable posting now When I saw Skyfall I laughed at the lame crypto gear the movie's villian had.  That is some top notch hardcore porn, thank you for sharing, even more pictures would be appreciated. Now I need a change of pants. |
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if your going long on your crypto currency of choice.
then try not to be ultra conservative.
as recent events have shown going long would have given greater return.
Because if you feel like that then you should invest directly in to the currency, not produce it at over the market price costs. |
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Basic math skills
This is correct. If you add the skills to find process and evaluate information to it you are set. For example someone considering starting now should know what miming hardware exists and in what quantity. Secondly you will need to know what is being made and in what quantity, evaluating this information can be hard. For example I would consider anyone stating absolute facts about BFL's upcoming gear an unreliable source untill said equipment actually exists and works. Other things you need to be on top of include: Understanding difficulty, atm I myself would do math with 10-25% rises in difficulty every week. Electricity price, take it in to account if you need airconditioning to run your gear 24/7/365 Exchange rates, is your plan plausible if they fall a third. Being a pessimist when estimating things helps. |
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Definetley good news for bitcoin, but only in the long run. Atm's are out of money by now, online acces to funds is down and when people can acces their funds tuesday the tax has allready been taken.
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43 blocks since the "fork" not bad. the asic + the fork changed the luck.
It also heated up namecoins they quadrupled in price since the fork. NMC were .00088 now they are .00377
So the fork has really helped this pool.
I'd like to see the evidence that leads you to believe these things are somehow related. This is just about as hilarious as claiming my choise of breakfast affects the days weather. |
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www.btctrinkets.com Shipping from Finland to anywhere in the world.       High resolution product gallery: http://www.flickr.com/photos/76592024@N06/sets/72157633949615546/ I now have a reseller in the Us: David's Antiques at 322 Royal Street New Orleans, LA 70130."We are a Fine antique and Jewelry store in the french quarter, New Orleans, LA. An eclectic collection of Jewelry & antiques from all corners of the world make this a true French Quarter must-see Shop. Thousands of unique pieces that could be found only at David’s, with daily new arrivals, this shop has it all from cutting edge new to ancient pieces in all price ranges." And yes they do take bitcoin.
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Oh how I hated that initial synchronizing  I too came close to giving up on it when I first found bitcoin and chose to test it. Boy am I glad I did'nt! |
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No! I'M SATOSHI NAKAMOTO!
He get's it. Now as a community lets get this to a point where mainstream new sources have daily exclusive interviews with Satoshi. |
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I'd like to start taking bitcoin as part of my paychecks.
What are some ways to make that easier for my employers?
Is there a company like bitpay but in reverse?
Is there a way to have one company do it both ways? i.e. accept bitcoin/cash from customers and pay out bitcoin/cash to employees?
thanks
wolv
I do believe there is a void for this service now. But I would expect someone to grab the idea and run with it. Could be low volymes for now, but the potential is there and large. I for example offered to recieve up to a third of my salary in bitcoin, half a year ago. I was ofcourse declined, but it did shut my employer up about how he's buisness has no use for bitcoin. |
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