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566
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Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com
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on: September 13, 2013, 02:03:11 PM
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looking at thegenesisblock i did some math and things are looking grim..wanted to know what you guys think about it.
Given facts:
- With an initial mining date of October
- Difficulty ~140 mil (now 110 + 30% over the next week)
- 1 Jupiter @ 400 MH/s
- BTC@140$
Results. This scenario with an increase of 77% until march next year will not break even!
Considering that in October we will most likely see 40-50%/11day increase since KNC is shipping, November and December mark the months of newcomers such as (CoinTerra and HashFEst)
The likelihood that the difficulty will taper off until march 2014 is next to 0.
Maybe i`m not seeing all the sides of the cube, but it is not looking good.
With BTC @ 180$ will have profited ~400$
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571
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Economy / Economics / Re: The end of the ASIC
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on: August 14, 2013, 01:18:55 AM
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It is evident to me mining difficulty has more impact than halving (or at least halving magnifies price in relation to difficulty)
More to the point how many GPU miners are still running?
For me I'd need to see a 50% drop in price today to make it unprofitable. I suspect at least 70% of GPU miners are still at it, and are waiting for the coming ASIC oversupply.
@ OP
In Q3 and Q4 of 2010 GPU mining had a bigger impact on difficulty than ASIC's today, (CPU mining was rendered useless) the result proponents of Bitcoin pushed the price up.
While I agree with you. There are other variables like price that change the dynamic so no need to panic.
70% still mining btc? NO WAY! More like 5% |
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573
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Alternate cryptocurrencies / Altcoin Discussion / Big LTC Player
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on: August 11, 2013, 12:29:51 AM
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I noticed this on btc-e and was ondering why someone would keep that much LTC on 1 account. Even if it is more accounts i`m sure they belong to the same person.  Would you gamble that many LTC? |
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578
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Local / Romānă (Romanian) / Re: KNC Orders
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on: July 30, 2013, 10:56:07 AM
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eu nu mai inteleg nimica, pe cuv meu...ori contul tau are ceva. Ideea de baza este, toate tarile din EU ar trebui sa plateasca TVA. Acum daca Spania nu era printre ele, atunci ai putea sa comanzi in Spania, DAR nu shipping direct in Romania fara VAT...aia ar trebui sa poata faca si cineva din Romania..
nu am explicatie...
EDIT: M-am gandit un pic si cred ca stiu care este explicatia...Desi or sa aibe probleme cei care comanda prin tine.
Daca ai trecut un VAT Nr la order, atunci firma a carui VAT number l-ai introdus or sa primeasca o factura...
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580
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Local / Romānă (Romanian) / Re: KNC Orders
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on: July 30, 2013, 09:45:30 AM
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ai comandat? eu am incercat cu adresa din Madrid, Spania si mi-a calculat si TVA...
Oare conteaza orasul?
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