I have heard on the internet that some a very few have been able to mine scrypt with FPGA. There testing showed they could achieve about the same hash as GPUs with a decrease in TGP. When you search Gooble for Scrypt FPGA you get http://blockburner.net/ for the #1 search, not that actually means anything. It is possible and has been done but in its current state no practical, just yet. Commence the pre- orders.  oops I am a bit tipsy, anyways FPGA Scrypt algo machines will need to be on par with ASIC in terms of BTC mined since LTC needs BTC milk for lifeforce. Scrypt, memory intensive slower . . . . . . . You are correct, it just mean's the SEO on the site is doing what it is supposed to  We're as far along as anyone else with a Scrypt optimized FPGA as far as I can tell. The optimization will help though realistically won't produce any outrageous performance gains (but we will see with our first implementation), the real advantages to FPGAs over GPUs are in far less power usage and heat output, which translates into a better ROI over GPUs in the longer run and can be scaled up with much greater ease. I actually talked to Enterpoint before I ever started the BlockBurner thread here, I was told basically they were so backed up on other projects they likely would have a lead time of 6 months or more for anything new. No idea if that changed since then (back in march I think?) however. |
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So I'm a business in Cyprus (or another country with depositor bail-ins authorized, which is an increasing number of countries incl. USA, Canada, all of Europe, New Zealand, Japan, etc.)
I have $800,000 in my account for operating expenses.
After bail-in, I only have $100,000.
If I had put half of that $800,000 in Bitcoin, depending on when I invested -
-I might have twice that amount or 10 times that amount
-I might have exactly the same as that amount
-If I invested towards the top of the bubble, I might have half that amount.
In any case, I'd still have more money than the $100,000 that is left after the bail-in.
I don't think the risk that bitcoin will flop is higher than the risk that a bail-in will occur in any given country. Remember, risk is individual. One person can look at the financial news and say "Oh, that won't happen here ayntime soon; I'm safer in Fiat right now." Another person can look at the same news and say "A haircut could happen here any day; I don't want to be the fool who's all-in Fiat monday morning when the bank holiday is announced."
Remember, nobody in Cyprus had any idea it was coming (except those who were forewarned.) They woke up one day and all of a sudden the government had frozen their bank accounts and was talking about taking thousands upon thousands of dollars of their money. This strategy has been authorized in many other countries since then, and most of these countries are, for all intensive purposes, financially insolvent and hanging by a thread. The one thing I know for certain is that if there is a depositor haircut in my country, I am not going to know about it days in advance. And the strategy is already authorized by my government. I'm not a fool.
I agree that if I were in Cyprus, I would have chosen Bitcoin over the banks (being already a bitcoiner of course). As a non-bitcoiner businessman with full knowledge of my company's legal requirements and responsibilities, much less accountability to investors or shareholders if any? Doubtful. As a business owner in any other country that doesn't seem to be in ruin like Cyprus? Most definitely *not*. I suppose in the end, at least in Bitcoin you actually have control. With a bank account in this world right now your "choice" is whatever the bank thinks is best for the bank. I'll trust my fellow tech nerds over the bankster thieves. Bitcoin Ashley that is heinous   |
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I dont think that even one cvprus citizen bought a bitcoin. When they seized your bucks the last think you want to do is put yourlast coins in a highly speculative market like btc is. Dont buy the press. I read the press that in Argentina we re almost paying in the supermarket with bitcoins because our outrageous crisis. None of them is true too.
BTC will really rise if it gets into the real economy (starbucks, real estate, restaurantes...) accepting it. This is why for me the new start ups that are now being funded are the real middle-term very good news.
Moving your funds to Bitcoin, a place where no bank can touch you, certainly would beat out having your money stolen by your own bank. Is it any more risky to leave your money with an institution that can just steal it whenever they want to? If your money is in a bank, you no longer own it, the bank does. More about Japan, set to be Cyprus 2.0 http://larouchepac.com/node/26931 |
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Anyone interested in pre-order a 1000?
Estimated deliver in the week of July. Depending on supplies.
You mean "in two weeks (© BFL_Josh)"? Definitely interested. But only if I have to pay fully upfront. You must also cover up any shirt redesigns because of power and cooling issues or no sale |
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Really, Ed Trice's "business" is the only outdated thing here. If it were real it might have made a splash in the overclocking community 10 years ago, but there isn't much benefit to such a degree of cooling for every day use since you can just buy a 3 Ghz processor that will probably never be used at its full potential anyway, running happily with a standard air cooler. There was a time when processors (P4 *cough*) ran so hot that liquid or nitrogen cooling was basically required for a high overclock. But these days processors are a lot more power efficient and cast off a lot less heat than their earlier generations. One can OC many of them to a high degree without anything more than the stock cooler that came with the processor. For all the complexity and expense of this supercooling your benefits nowadays are nil. |
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Yeah that isn't good....the Hezbollah don't mess around
World War 3 in progress
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Oh no, the liars and scumbags missed the Liar and Scumbag meeting
Do you really trust anyone in office anymore? I don't. Our government was hijacked by finacial fascists long ago
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.. When everyone has a gun, there is no violence.
Sorry, but this is just rubbish. No, when everyone has a gun, there is LESS violence, and any violence that does occur is usually quickly contained. Again just rubbish! Well, this thread turned into an interesting example. (grin) As for the "if everyone had a gun" meme, checkout Vice, episode 1, ASSASSINATION NATION on HBO. http://youtu.be/h0IYXxqwjDAThat it did, and that's an interesting video... but it's also worth noting that how people are raised will make a massive impact on what they do. Ex. if people are born in war-torn countries, they will be less impacted by death and such and those that are born in areas where killing is taboo. THIS is what is wrong with these forums. Quit thread jacking and go start your own gun control thread in the Off Topic section if you really must continue the argument. |
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I would not like to work with regulators because that means verifications, taxes, general disability when using BTC. Bitcoin is decentralised and can't be regulated. The governments can attack the big exchangers but they can't stop every individual using bitcoin.
It is just like BitTorrent. The governments can do absolutely nothing to stop the system or the idea, they can only go after users at entities at the fringe. |
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Gold has an intrinsic value because it:
Is rarer than most metals (if Gold were plentiful and Iron was rare, we would be hedging with Iron instead)
Takes a lot of time and energy to mine
Bitcoin is modeled after this.
They have integrated rarity
They take a lot of time and energy to "mine"
Usually I like what Schiff has to say, but I don't think he is quite right on this one. Like most firmly stuck in Fiat world they don't quite seem to get the concept completely but feel at home talking about it anyway as some kind of curiosity but not "real money", whatever the hell that means.
Liberty Reserve was a sloppy enterprise and got what it deserved
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Bitcoin Mining Calculator NOTE: The BTC per block award dropped from 50 to 25 BTC per block November 28th, 2012. (source) The current mining difficulty is 11,187,257. The next difficulty is estimated to change by 265.86% to 40,929,652 on block #243,935. That should be 1 weeks 6 days 5 hours 12 mins 18 seconds from now. is these possible?  or not? No |
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 Inaba is a pathological liar as well as a terrible human being, there is no winning here... |
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No one is really giving them money are they?
Standard issue scammer thread just like all the others I have seen in my tracking of these companies:
Statement basically saying "we have an amazing new unit, but need money first though we have absolutely nothing to show for real, we promise to deliver!"
Ability to order a device despite zero proof they actually exist, that they have an Avalon chip order
Product pictures that are not theirs, those are straight up Avalon units on display.
No information about who they really are outside of a barley registered BitcoinTalk account. I actually am starting to think several of these are the same person because they are so similar to each other in how the thread was started and the voice of it.
Look, PICS/PROOF OR GTFO
What you are doing is fraudulent. Those of you sending your money blindly to these jokers deserve to lose it.
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Absolutely, nice find |
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Speaking of mods not paying attention....
This thread = derailed
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so one guy programming and the rest managing the project. doing some due diligence this doesn't sound like a seasoned team of developers here. maybe just one. not sure what to expect anymore.
http://blockburner.net/info/I don't understand statements like these when the information is readily available about the team (aside Zalfrin, still getting his bio, but he is the designer of the Scrypt implementation and FPGA core). You seem to be assuming we're just taking an existing FPGA board and programming it, which is inaccurate. We are designing a fully custom FPGA and Scrypt implementation in the form of a complete device and not just a bare board. And I say we, as we all have design input (you will see my mark as an IT systems guy on it, I am keeping large scale hashfarmers in mind with features not uncommon on a regular production server environment). ok ahh - to Operatr and Janslee -
I just want to bring up something i posted earlier : -
I’ll summarize it :
" FPGA Devs and large potential buyers and others should be careful because C++ (and other codes) can evolve faster than hardware, and markets generally find a balance that tends toward distribution in this evolutionary information environment"
and now eMuni is in its second Beta - so was I correct ?
i guess we will find out , but if i was correct , it was record time , i'm usually not correct like this for years , but we do live in exponential times ! : D
Operatr - i know by reading back to the thread that you were busy and missed my point and thought i was talking about a 51% attack when i said that so i thought i'd carify it and tell you i was talking about market forces and confidence.
I apologize if I didn't answer your previous post on that I am scanning back through this for your original post (if you want to help me find it please do  ) It has been my experience that hardware generally outpaces software by a large degree, but these are definitely not the usual desktop PCs and applications, so those rules are out the window. I think it is very difficult to say with any accuracy where this will all go in the near future I'm not a c++ programmer so I won't assume too much on that front however. Yeah Jasinlee I didn't see anything about the hash algorithm it will use or the mining (called hatching nodes I guess?) either, which I thought was odd. We'll see what it does. __________________________ To get back on track, I am still interested in your input for what kinds of features you would like to see implemented. Hoping to update this week with more on the open source Igniter UI miner software package |
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Hello,
I'm very interested by a FPGA scrypt miner.
because mining alt-coins with GPU is a pain for environnement.
Kind regards
Thank you for your support c0inbuster! It is very true that GPU mining is not very ideal in terms of the wellness of of the planet at large, power efficient hardware is becoming a requirement to allow the mining network to remain scalable long term without a terrible impact. WindMaster is probably the only forum member who has provided more technical understanding about FPGAs/ASICs and scrypt. I would have expected the people that are developing the scrypt FPGA/ASICs would have a similar technical depth.
Team members Cheshyr and Zalfrin are both seasoned professionals in FPGA design and integrated systems, both members of this board as well. The fact I don't have enough technical training to develop this hardware from scratch on my own is not to say I have no understanding of FPGA's or Scrypt. My technical background is of a different nature by training and experience, but I think our combined skills compliment each other well. They have no interest in managing core business aspects directly, which is my role and responsibility to manage. |
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I could totally see Facebook creating FaceBookCoin in the same streak as other "coins" like Apple iMoney and AmazonCoin, neither of which are cryptocurrencies but centralized web-coupon garbage not unlike web currencies of the 2000s .com implosion.
But, I would still hold hope Zuckerberg sees the light and actually pushes to accept the real deal as payment for ad services and such.
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The cat did it  I ran across something while I was doing something else entirely, namely the ITX cases ASIC-Technologies used in their latest project image...  Not to say they couldn't be using these little cases in actuality to house their ASIC hardware, but I doubt it. Looking at the ELA, the blackness suggests it has been resaved so many times the errors have leveled off, with fresh Photoshop activity in the middle denoted by the rainbow colors http://fotoforensics.com/analysis.php?id=c7e25d3ccf81b9c8354be795ddf6a36ff831b950.3452&fmt=ela |
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