don't mean to burst your bubble, but yeah, it IS faulty. Everything in that list has a decelerating profit vector due to the fact that the hardware cannot be upgraded and has a definite lifespan (assuming hash rate increases over time - a pretty safe bet). The exception is AM, which not only mines using hardware like the other 3 examples, but also sells hardware to others, effectively offloading the lifespan-based risk at a discount and keeping the instant profits, which are then redistributed to shareholders.

It's rather like comparing 3 fixed-rate CDs versus a growth stock during a time of inflation. The CDs will perform less and less over time, but the growth stock is not limited to the fixed return that the CDs are, even though both are affected the same by inflation. (inflation is analogous to hash rate in this example)

no problem, really - was just a little confusing because you used a full stop as the decimal placeholder at first, then switched to the comma

I think your table just blue itself.

For those of us in IndoChina or the majority of the English speaking world, he means €2.268 per day (just to help others avoid the shock of "you pay WHAT for electricity?!?!?" that I just had before reading it a second time)

It's never foolish to realize a profit.

I think the post was about the 1/100 passthrough, not a full AM share

I once worked at a Fortune 100 biotech company where intellectual property was a primary asset and they didn't block outbound traffic, nor did they monitor use of USB devices like thumb drives to prevent theft of data. At the other end of the spectrum, I also currently work with a company of just 40 people that goes so far as to literally unsolder WiFi and Bluetooth components in company laptops to prevent use of wireless snooping by neighbors in the office complex (this is my favorite client to visit, btw, they're an engineering and robotics lab)... so there is definitely a large variance in paranoia levels out there

I'll certainly give you admin rights (didn't realize these required non-standard drivers), but in my experience, even with some very large corporations I've dealt with, most companies do not block outbound traffic but instead rely on traffic analysis at the gateway to determine inbound threats. The key here is to remember that most companies are not "very large corporations". Most companies are under 500 seats, and use off-the-shelf components with default settings, configured only minimally for their own use case, such as a VPN. And rarely do I come upon any medium-sized company (and never once a smaller one of <100) with an IT group "good" enough to block all outbound traffic by default. It all comes down to management's willingness to allow employees to do things on company systems - and most of the time, they don't care as long as it's not porn or filesharing. See: the rising popularity of BYOD.

Most places don't have a good IT department

/IT pro for 15 years, now turned consultant

It's important for everyone to understand that you (and most others who generate this type of data) are tracking an EXTRAPOLATED hash rate based on the rate of found blocks over time... since luck/variance will affect the calculation (especially with short timeframes like 24 hours or less), it would be better to describe this as "blocks found over time" instead of "hash rate" so people don't fall into the trap of thinking that hardware is being taken online and offline for whatever reason, since this seems to just fuel needless speculation.

That's kind of the point of the rest of the discussion on time management, though... nobody really knows who is doing what from a business development standpoint, who can open up a retail website, or who can manage a FB page. FB is *much* more time consuming than a simple static blog, too, as you have to post often and at varying times of day to show up in folks' feeds, unlike a blog where you just post once and wait for the comments to drip in. As of now, we have no information on exactly how much free time Friedcat has, or who he has working for him who can handle marketing beyond these boards. So until we get new information, we stick with the assumption that he is, at least for now, doing everything himself.

It still costs time, which is not trivial.

did (s)he offer you her Multipass?

didn't know there was a number to call... I've kinda written it off as a loss now, but if you happen to know of a way to get a hold of them another way, that'd be great

a bit confusing since some of those have axes which are read left to right AND right to left in the same chart. I get what you're getting at, but it took more than a passing look to figure out what the hell was going on there. I was going to tell you they were broken at first, but sat and stared a while to try and read your mind. Call me psychic, I guess, but I finally figured it out after the second beer.

I don't know about the voltage stuff or der Blinkinlights, but as for the networking, you should be plugging the blades into the router, not into your PC (unless you're performing NAT with your PC via Internet Connection Sharing or something similar, which is not recommended at all, really.) Keep it simple: plug your blades into the router, or at minimum an ethernet switch that is then plugged into one of the router's LAN ports. Your PC should still be able to see the blades on the network that way, as long as you don't have two routers or are doing fancy things with multiple subnets (even accidentally).

This is almost spot on from my analysis. Since we *can* leverage the virtual monopoly power we currently have on hash rate with only the cost of the datacenter they're deployed in (compared to the cost of making the hardware, which is the same if we sell them or use them ourselves), we *should* take advantage of the opportunity as long as the additional deployment costs versus BTC mining rewards are minimal. But once we lose that advantage when other ASIC developers start performing on par, we need to quickly but deliberately shift to an emphasis on primarily selling hardware, with mining only as much as is necessary for development and testing, or to the extent that we need hash rate for marketing purposes (think ads saying, "buy the same hardware the #1 miner uses",) and the core of the business should be to let someone else buy the bulk of our shovels to mine with. This first shift point is coming, and soon. Perhaps in mere weeks, but certainly in no more than 6 months. I predict that in the long term, it's going to cycle like this: We increase our own in-house deployment to mine at a disruptively high hash rate -> miners lose advantage and need more equipment to keep up -> we sell more equipment -> (mini cycle here where miners compete among themselves for a while, driving more equipment sales) -> eventual equilibrium -> we develop nextgen devices -> we increase mining disruptively, etc... the internal mining by AM is really just the catalyst for the equipment sales.

Additionally, while it's intriguing, one problem I see with the tertiary market idea is that those services will almost certainly be paid in fiat (especially from governments), and if revenue is large enough, conversion for BTC dividends could be a bit disruptive to the BTC spot price - in BTC's favor, certainly, but still disruptive. I think it's a good idea for a spinoff.

Ahh... Bio, not Math. Thanks

<slight, but temporary detour>
Your avatar looks like a Mandelbrot set - do you have a larger version so I can see what's on the right hand side of it? Just curious.
</slight, but temporary detour>

I have stopped receiving replies to my emails to support. Still no ACH deposit corresponding to my withdrawal request.

Lack of info is disheartening. The least they could do is say "we're still waiting", but it looks to me like they ran off with the money.