One question... the order queue appears to show me for three boards (115, 116, and 117) but my order is for four. It's a long list and I'm sure it's easy to make little mistakes like that in compiling it, but I just wanted to make sure that's all it was. Thanks!
Let me quote what Barntech posted below that list "If you're not on there and would like to be, write to me."
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]We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.
This doesn't mean that these transactions are not included in the forked chain. If they got broadcasted all around the network and some miner included it to a further block, they're not lost. You have to do test and backups if you have funds involved. Don't mean it's lost and destroyed. block 246954 on the forked chain is not the same as block 246954 on the old chain, they contain different transactions. Find me the block on the forked chain that has the 1,057,817,529 in transactions, bet you can't.
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I am surprised KNCminer haven't shown us a working prototype by now. It's almost the end of September and they would need a few days to assemble all the units promised for day 1 shipments.
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So what happens to all the coins that were traded on Cryptsy if the fork?
There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.
Trades on Cryptsy will be valid only if the corresponding deposits that got the traded coins there are valid. Withdrawals will probably be toast. Good luck, expect to loose it. What happenned is that transactions that were sent when the main blockchain was stuck at block 246953 were processed and included in this "monocolor" fork (i'll call it like this ). From what I understand, only the transactions between blocks 246948 and 248953 might be lost because this chain was forked at block 246948. Please correct me if I'm wrong, but if someone deletes the blockchain and the the most Infinitecoin users use this monocolor blockchain, you will normally automatically sync to this one, right? We are up to block 246954 on the old chain and that last block alone contain 1,057,817,529 in transactions. This is a disaster.
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So what happens to all the coins that were traded on Cryptsy if the fork?
There were 10's of millions traded on that cliff. They won't roll those back. We are locked into this change by those trades.
Trades on Cryptsy will be valid only if the corresponding deposits that got the traded coins there are valid. Withdrawals will probably be toast. Good luck, expect to loose it.
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Yeah, cause there's just so much real world applications for double SHA256, the possibilities are endless! You might as well go and buy a few tulip buds.
Just like the internet in 1995....you can't see what hasn't been yet created (the amount of available ASICS processing power is very high and could potentially be monetized other than just mining coins)....Plus FWIW there are shitons of people who make a viable living doing stuff that we would scoff at - janitorial businesses, fast food propritors, ditch diggers, and yes, tulip growers. I'm guessing his tulip remark was a reference to the Dutch Tulip Bulb Market Bubble, rather than a slur on tulip growers. Tulips were silly, flowers perish quickly, crypto does not.
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I am certain most people placing hardware orders are underestimating the difficulty increases. The calculators like http://mining.thegenesisblock.com only work from past data, they have no idea about the impact of new ASIC vendors releasing hardware onto the net until it has happened. eg. Nowhere in their forecast is KNCminier included, the predictions are based on the vendors that have shipped already! BFL have been rolling out 50-60GH/s Singles at quite a pace lately, and have a lot more to go. BFL bulk chip sale shipments are due soon, so BFL will probably account for over 600TH/s of the net hash within the next month or two, and could be closer to 1PH/s if they ordered a 3rd wafer batch. Add to that PH/s from KNCminer, and whatever Cointerra, Hashfast actually do, and you will see how wrong the mining calculators are. My bet is that it wont be worth buying hardware that is more than 1watt per GH/s as the energy cost of mining a coin is going to rise much faster than most people have predicted. Of course people with less efficient hardware will keep mining even if they don't cover the electricity costs, and that will compound the problem. You may be able to under clock your rigs down to 1watt per GH/s.
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Why isnt cryptsy taking it off the markets ? Any other coin would have been long gone by now. Some staff at Cryptsy like BigJohn are away. People who have submitted tickets about IFC haven't been attended to. No excuse. Starcoin was taken down just minutes/hours ago. I lodged a support ticked about stuck IFC confirmations on Cryptsy days ago, posted several times in the chat box, and posted in their forum thread. Don't know what else to do. People are loosing IFC from submitting transactions on coin forks that other people are not on! if needed I can upload a whole coppy of the wallet and the correct blockchain so people can make sure there on the right chain if needed
We don't need another block chain, we need the dev to pull his finger out an release a new official client with checkpoints for the correct chain, not some hack with uploading a block chain that could be overwritten any time.
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Suspend InfiniteCoin, it has been multiple forked since the 22nd. and nobody at Cryptsy seems to have noticed! I lodged a support ticked about stuck confirmations days ago, sill not answered except for the auto-responder.
The IFC difficulty has jumped to 249 due to a code bug, and people are loosing coins all over the place from not being on the same fork as other people. This is a disaster for IFC holders.
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Why isnt cryptsy taking it off the markets ? Any other coin would have been long gone by now. Some staff at Cryptsy like BigJohn are away. People who have submitted tickets about IFC haven't been attended to.
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now at Block: 246954 Value Out: 1057817529.37982098 IFC I have a Cryptsy deposit still stuck on 5 confirms for 3-4 days, notice how the difficulty has more than doubled. I think this coin is over, the dev should have been on top of this issue within hours of learning about it, with a checkpoint release to define the correct fork. Seeing the dev caused this problem with a bad diff formula, he needs to get pro-active and fix it. Else I see exchanges and pools dropping IFC.
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Having ordered last week minersource am I right in saying I am both Batch 2 and have paid my postage?
Marc
Batch #1 closed in August. I purchased batch 1 thumbs on sept 2 from the drillbitsys website via paypal, so batch 1 did not close in Aug... Just saying... I was talking about the boards. You probably got the dregs. Just read the thread all the announcements and dates are here.
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cancel that shit....be a naysayer on your bad decisions elsewhere He has a good calculation and I would also like to see comments on it. The calculation looked ok. The ROI drops off rapidly, but it still look like it's worth mining until you have about 40BTC then maybe sell the rig, or try and running it under clocked for more ROI.
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Hi All,
I have a problem with my IFC client.
I transferred my IFC coins to someone and still it shows in pending and my wallet client continuously says out of sync. when I try to sync the progress goes till end and again comes back to the middle. Its nearly a day and I am seeing it in pending state.
Any suggestions please.
IFC is broken, you can't send coins atm, you may even loose them if you try. Next time read the thread, we have been talking about this for the last couple of pages.
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They aren't significantly worse GH/J than any other competing 28nm company, which has been my entire point the whole time. Their specs most certainly are, even compared to actual shipping 55nm products. That hashfast and cointerra and VMC and black arrow and Coincraft and BFL and whomever Im forgetting are all exaggerating remains to be seen (Ill grant you BFL) , but for bitfury we have tested numbers. Those numbers make KnC's promised efficiency look anything but impressive and makes the other vendors claims for 28nm entirely believable. The competing 28nm companies are using the same process, at the same node. which leads you to believe everyone except KnC is lying through their teeth about their specs, and which leads me to question if KnC are doing a full custom design. btw, VMC is doing a structured ASIC and their efficiency projections are better than KnCs. OF course they may also be overly optimistic, but still. Besides, you havent explained the die size. 28nm standard cell, is a 28nm standard cell, either you realise this now, or time will demonstrate this fact. How exactly would you tell? And how do you explain the picture of the PCB with a cyclone FPGA that was used to test the board? What are the odds a full custom asic would end up with the exact same compatible pinout as a cyclone/hardcopy? KNCminer ASIC is: 28nm standard cell ASIC mining chips (which are being designed exclusively for KnCMiner by ORSoC).
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Can those asics be down clocked in order to improve the W per GH/s significantly ? I'm not aware of infos regading this or I might have missed it somehow.
1.6W per GH/s seems quite bad in long term, no?
If your competition is mining at 1Watt per GH/s or less, then yes that's bad, as it means they can pump up the net hash until you can no longer afford to mine, and they still can, unless you can find cheaper electricity.
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Having ordered last week minersource am I right in saying I am both Batch 2 and have paid my postage?
Marc
Batch #1 closed in August.
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I bought 60mill on cryptsy without reading this, and choose withdraw only when I didn't see the incoming amount I checked out here. So what do we do now ?
Well the withdrawal probably never left Cryptsy so get them to cancel it.
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Excellent solution monocolor!
I have been stuck for a while now... I loaded your block chain, put in the listed nodes on the new client and was 100% synced in minutes. Thank you!
Cryptsy is not on that block chain, it's still on the original fork stuck at high diff so if you try and withdraw or deposit any coins it with Cryptsy it will fail.
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