Bitcoin Forum
May 15, 2024, 07:58:44 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Do you trust MtGox? on: August 21, 2012, 03:37:12 AM
Mt. Gox wouldn't be safe at a certain point.  It wouldn't be worth the risk. 

Brainwallet seems pretty safe.
2  Other / Beginners & Help / What's stopping BFL from ruling the mining market? on: August 21, 2012, 03:34:58 AM
If BFL can produce so many groundbreaking machines, why wouldn't they just run them all and dominate the mining field altogether? Is there something that would prevent this from happening? Or is it simply more profitable to sell so many to so many people for so cheap? I suppose a competitor would come along eventually... but still, they could make a ton of money that way.
3  Other / Beginners & Help / Re: Do you trust BFL? (Butterfly Labs) on: August 21, 2012, 03:32:41 AM
I trust BFL as a legit company, but whether or not they can deliver on time is what worries me.  Heck, I know they wont deliver on time... it's how much the products are going to be delayed for that worries me.

4  Other / Beginners & Help / Re: Why do people give away so many coins? on: August 21, 2012, 03:31:19 AM
To support the idea of bitcoins, generally these things are to get people started.
5  Other / Beginners & Help / Re: Who thinks that newbie restrictions are pain in the ass, bump this topic! on: August 21, 2012, 03:30:33 AM
It all makes sense to me...
6  Other / Beginners & Help / BFL and affected difficulty rate on: August 20, 2012, 02:00:43 PM
So with BFL hitting us in late october/november, where do you suppose the difficulty will be?

Also, when do you think everyone will have their current orders up and running? I'm thinking February or March. By that time, what do you think the difficulty will be at?

Someone was predicting somewhere around 136,000,000.  I found that to be absurd, because nobody would be able to mine anything at that rate, and if nobody is able to mine, nobody is going to power their machines to let the difficulty stay impossibly high.

One thing to add to calculations is the drop in difficulty after nearly all mining GPU's will be rendered useless.  With that many pulling out that has to help flatten the difficulty a little bit, right?

Another question:
Why has BFL not announced the specifications for their new products? Like the wattage and such? What with the release window so close, I find that odd. I have yet to make my order, if the place is actually legit I'm immediately buying 5 of the singles, but I'm finding something seriously sketchy.  It's too good to be true. 

If I can get ahold of them on the phone today, I'll have some questions for them.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!