You're slipping! You missed an opportunity to coin a new word. Care to play again?
Do I really have to state the obvious? Butt Full of Lies? I think he was referring to Inaba-Ill-Ity Hey, that is my copyrighted trademark for Josh!  You're Joshin' me, right? Holy...shit..... That is genius! It can mean anything: From your getting hassled to potentially hustled...all the way up to "your lying to me" all the time...all wrapped up in one word. You ought to sell that on a T-Shit to BFL customers. As well as submit it to the slang dictionary.  I'll buy 100 for the flash mob in front of BFL Labs or some other annoyingly effective location. F' it. If there's a billboard nearby the office I'll just rent it and put 'BFL is shit.' |
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So, now that we've run in to an embarrassing overlooked, preconfigured scalability factor can the devs begin to take the whole idea of scalability, not just DB level operations, but in grander terms of tx volume / velocity a bit more seriously?
This is trollish, but I'm pretty serious.
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Guys, relax.
There won't be much thermal cycling as a typical miner will be on 100% of the time.
Unlike a typical PC which is turned on once a day and turned off once a day.
It won't take much either. Just the normal day to night swings will do it. I have seen 100s of thousands of underfilled chips over 10 process generations, many with underfill defects, and none of them looked as bad as these. The black blotch shown on greyhawk's zoom is a scrap part. That is underfill, it will prevent proper cooling and is impossible to sand off without cracking the brittle silicon. *sighs* If things could get any worse. |
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*Thinking of the plane + tornado scene in Donnie Darko*
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Oooo, Max. Gotta love his zaniness.
Edit
"Christ is BACK! And he's got BITCOIN!"
ROFL
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u not lick bfl ass? ur done baned etc
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My one moment this weekend that was pleasurable.  |
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... If not, you can launch it into the upper atmosphere with a weather balloon. And it should tick just a little faster according to Einstein's theory.  Not to be pedantic, but this was proven decades ago with atomic clocks on military jets. |
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they've obviously never been there... You are probably thinking of Plano. Plano, too! Uhg. I'm never going back to Dallas. McKinney, 2nd place? Maybe for transplant yuppies with three kids and afraid of the black man. |
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sign me up for Liquid immersion cooling and cranking those baby's to 1.21 Jigga watts!!!!!!!!! that like 1.21Ph/s per board then.... I think
Has BFL even stated that they would provide firmware to allow OC? Never read that. |
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Highly unethical and illegal in some jurisdictions.
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...
But it reminds me of a joke: "just think how stupid the average person is.... yeah, half of 'em are stupider!" You might or might not find that funny, but most people on this forum should be able to tell why it's actually wrong (mathematically speaking).
Here in the southern US we have not yet invented the median. We do have them in our streets, however. It's a strange place. |
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I tend to agree.
A voucher does not directly address past mistakes by discounting moneys already paid.
It was the easy way to attempt to appease customers that also ensured future revenue.
As a consumer, when a merchant really f's up I'm not looking for a voucher. I avoid places that refund using 'in-store credit,' i.e. a voucher system.
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I'm Keith Apicary at this point.
I've focused on 'the classics' and resigned myself to not think about mining (first, second...whatevs) with shiny new, tasty technology.
*Goes back to playing Galaga*
You usually have much to say about BFL. How would you evaluate this setback for BFL? D They've cemented a reputation for themselves that will only be rectified by sufficient market pressures. I.e. they couldn't run a profitable business in a competitive environment where their product, at this point, is essentially Public Relations. |
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1. At approx. mid March aggregate network capacity will have an upper bound daily growth of 4.5 TH. Growth is adjusted based on the rate of difficulty adjustments.
At first, this may be very true. But 6 months down the line, no. Growth would only resemble this until all the initial preorders for all manufacturers are filled. After that, it depends on how many new users bitcoin attracts, the value of a coin, and whether or not "average joe" is willing to purchasing mining equipment. I'm not saying we won't get to a 1PH/s on the network, but anyone who says it'll happen by the end of this year hasn't really done any statistical research into Bitcoins mining base. It's sort of like the switch from CPU to GPU...it's a massive gain at first, but ultimately plateaus in comparison. I imagine the switch from GPU/FPGA to ASIC will happen about the same way. 3. ASICMiner builds and maintains a mining capacity of approx. 27% of the total network capacity.
Where did he say he was going to maintain 27% of the network at all times? 1. Agreed. I anticipate a certain amount of overbuying or ASIC saturation in the market, though. To what degree I'm not sure. Such a condition will certainly kill network growth. (The numbers in the OP are actually determined using an algorithm that follows sales volumes and ROI terms - of course, my algorithm could be optimistic) 2. He didn't. This is entirely for speculative purposes. Specifically, in attempt to understand exactly (if even possible) how aggressive ASICMiner will need to be in the future in order to make .35 - .4 BTC / share a worthwhile deal. Actually, it's very concerning to me that ASICMiner does not plan to be aggressive in self-mining. A shift in business model to consumer sales opens the question: how well will ASICMiner perform in getting market share away from the likes of BFL. And then, a consumer sales based model, will introduce cyclical revenue patterns related to consumer ROI. But ultimately, when per unit ASIC prices drop to near mfg cost, the better business model is to sell to a consumer rather than to host and operate an ASIC farm. So, my concern may not be too great of an issue. We would just hope for good decisions on ASICMiner's part. |
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There are contradictions in his statement about 'buying power.'
He uses the example of AMEX traveler's cheques. These cheques are pegged at their denomination in currency.
Bitcoin isn't pegged. Functionally, it's a secondary, intermediate currency with it's own buying power. Greater than a commodity - since one rarely pays for a steak dinner with (n) amount of pork bellies.
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Re: The Fed; it is pointless to argue whether the Fed controls the government or the government controls the Fed; it is a matter of perspective. Congress passes a budget with a severe deficit, but congress doesn't want to raise the debt ceiling and tend to drag their feet quite a bit, even risking credit downgrades and such. The Fed's hands are tied, so they print money. You can either spend less, raise the debt ceiling, or print money. Note that I am not in any way supporting or condoning the Fed's or congress's actions. Now as for "what they are" I hear people say "Lol they are a Private Institution!" And then "Lol no they are totally Controlled By The Government!" "You are wrong, bro" "No, YOU are wrong!" How about "They are a private institution given monopoly powers by the federal government." You can't just say "they are a private institution" and leave it at that. It's like calling a private prison a private prison and leaving out the convenient socialist fact that 90% capacity is contractually guaranteed by the state. When the state uses its magical statey powers to give a "private institution" powers that, say, help eliminate its competition, you're really not being accurate if you call it a private institution. On the other hand, if an institution (like the Fed or private prisons) is privately owned but is given "special mutant powers" by the government, you can't really say "it's a government institution" because it's not, t e c h n i c a l l y.SOOO that is why we have the prefix "quasi." I prefer to call the Fed a quasi-private institution just as Bitcoin is a quasi-commodity (has some features of fiat and some of commodity) and private prisons, at least in the way they are usually implemented in the U.S. of FUDmerica, are quasi-private. I would prefer to use the word socialism, but socialists get all upset that I call it what it is. Hey if it steps like a goose, and gives magic quacks to 'private' institutions, it's not a free-market-capitalist-destroying-the-world-with-evil-CEOs-and-profits-at-all-costs duck. Calling the Fed a private institution is like calling a teenage mutant ninja turtle a regular old human boy. Calling it a government institution is like calling a ninja turtle a common snapping turtle. For reference: Hence why it's difficult to have practical discussions with ideologues. |
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I'm Keith Apicary at this point.
I've focused on 'the classics' and resigned myself to not think about mining (first, second...whatevs) with shiny new, tasty technology.
*Goes back to playing Galaga*
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 Been looking for tanzanite for awhile. Not really sure I'm in a position to make a purchase. What is the market value for a stone such as this? |
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That is a clear example of trolling. You were making ridiculous statements just to cause drama.
I think what this does do is highlight the double standard for posting rules over BFL reps and regular users. One that has been confirmed by a board mod in no uncertain terms. The premise was if BFL wants to dig themselves a verbal hole then to allow it. Considering their position as a merchant I'm fine with that line of thinking. (To be fair the last time I saw Josh post something truly trollish was awhile ago.) But do not be surprised to see snap judgments of 'censorship,' being claimed. |
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I'll take an algorithm over a politician, any day.
lol, this says it all really... zing. |
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