Unless I'm missing something it sure looks like bitminter allows merged mining for namecoins...
I've been mining on Ozcoin pool and they have namecoin merged mining. by what I can see they haven't found a namecoin block in over 6 months and I don't really see the point of it. I thought they disabled the merged mining months ago?
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Thought no chips were to go out until after the backlog was cleared.
...unless you offer champagne. BFL has a financial incentive to ship chips with a balance due on delivery. Exactly right. I'm anxious to see what they do. If they ship chips before clearing the backlog, I fear Josh may be set adrift in a rowboat and all his breadfruit plants thrown overboard. What has shipping chips got to do with clearing the backlog? Absolutely nothing, the production line is not involved.
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i agree with bcx for once. another thing which needs to be done is tompool needs to keep off GME. a stable low hash is far better than a 2 min spike in the hash
You realize that tompool is only like 26Mh/s which is tiny. There are people with 10 times that jumping on the coin. There is no way tompool could get the coin up to 3.1 diff that it is at currently. Work it out first before you are critical.
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This in not my order but I would just like anyone to know that impossible looks to be possible. BFL on time So you know that you are not wait for noting (like in Avalon case) and you will need MrTeal or any other(my ) board... Uh, you do realize that customer are getting chips that "do" about 2.4 GH/s correct? If this were a good thing, then no one in the community would be chasing [a single] 28nm ASIC that do about 200Gh/s to 500Gh/s. The customer should ?*rejoice*? about what again? Getting obsolete hardware at a very high price?? Explain it to me... Oh sweet Jesus. There is no thread that is Troll free. PuertoLibre should be banned from the forums, if I were an admin he would be for trolling, he is obvious spreading FUD, on one hand he is critical about a chips that has shipped 100/s of TH/s worth, on the other hand he praises a chip that has shipped none.
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Can someone tell me if the CHNcoin client on Cryptsy has been updated to 0.6.4 yet? Also on BigVern's pool?
I know it's a long way off without miners, but the diff formula has been improved, plus other bug fixes from the later bitcoin code, and it will cause a fork when it kicks in unless the clients are updated to 0.6.4 so I want to check before I forget.
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What version did you install? the 0.6.3 in the OP is not the latest, we are up to 0.6.4 in the Github source tree. There are like only two people mining it, 5MH/s into a 41 diff, she ain't no speed demon that's for sure! Currently a couple of blocks per day. Help mine and things will improve, the coin is most likely quite salvageable, there are over 5mill in circulation, most bought at a much higher price than they are going for now, still fetching more than a lot of the newer alt coins. I find on Windows, if the client stalls downloading the block chain, if I quit out of it and relaunch it eventually starts downloading. Sometimes I have to quit and relaunch several times. The pool that's still mining if you want to help out, is http://www.chnpool.com I think it's the only one since August.
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Is there are pool for TEK yet, or is this coin just going to fade away? Most coins have a pool within a day of their launch.
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Barntech has posted repeatedly that the price went up for latter reels too. So, again, I don't see how anyone should know that higher price means anything in and of itself here.
Look at it this way, if you were physically waiting in a queue to buy something and someone left, you'd be pretty unhappy if the vendor found somebody walking by and gave them that spot in line -- well after you've joined the queue -- just because they payed a bit more. Especially when the vendor didn't first go down the line asking if anyone wanted to pay a bit more to move up first. Yet that seems to me to be exactly what's happening here. As far as I can tell, you all just don't seem to mind because you're jockeying to be one of those people taking those spots. :-)
Unfortunately, my budget is shot and I can't afford to buy more Drillibts on top of that which I've already ordered. On the other hand, if Barntech goes ahead with the plan to buy another reel for earlier delivery AND offers everyone the opportunity to pay the difference in cost and move up, I'll have no complaint. Then I will have been offered my spot earlier in line and the decision will be mine on whether to move up or not. It seems clear that this is NOT what BitFury did -- though to be honest, I didn't know American vs. European distributor issues were affecting things here until your post.
If I'm wrong in someway on this, I'm all ears but just saying higher price = earlier spot isn't obvious, nor is letting those go to NEW buyers first.
We are talking about two different retailers of Bitfury chips, who are entitled to set their own prices, in two different countries, and two different delivery times, and two unrelated queues are we not?
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Huh? How should price matter given that they were already asking new orders to pay more per chip? And how are they unrelated batches? Are they not the same chip?
This sounds very customer unfriendly to me and I hope Barntech is talking to them about it because of that. They should have either moved our reel up, or have offered to move us up for an additional fee based on the difference to what our reel cost vs what the vacated spot in production was being charged.
Did you not read what Cowboy said? "The good news is, this batch will cost slightly more, but arrive at an earlier date. This batch of chips goes for €67500 for 3000 and ships September 20th. Should put chips around $30-$35? I'm hopeful the boards will be priced nicely and let us get hashing a bit earlier for a bit more money. A compromise I'll certainly make on my next four boards" Early batches cost more than later ones as a rule, that's just how paying of the mask and dev costs goes. What's more the first batch came from the US distributor, and this one looks like it's from the EU distributor, either that or the US have suddenly started quoting in Euros.
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Yes you did misunderstand their plans. The reels being talked about come from existing orders placed at different times in the past by different people.
But no longer shipped to those people and offered openly for sale to anyone, aren't they? In which case I still think everyone else in the queue ought to be moved up and these reels sold at the end of the queue. But at least they aren't 'new' hashing power, so that's making me feel a bit better about it. No way, these are unrelated batches. Why should people who have to pay more have to wait longer as well?
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Apologies as maybe I'm misunderstanding BitFury's plans, but I will be rather unhappy if they allow those ordering chips now to get theirs shipped earlier than those who ordered their reel awhile ago! They should be moving everyone's shipping date up earlier and selling the extra reels for delivery AFTER those who've already ordered!
Yes you did misunderstand their plans. The reels being talked about come from existing orders placed at different times in the past by different people.
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Of course, you're not just paying for a piece of silicon wafer, but also for the months of design work, the cost of the mask set, as well as a risk premium.
Isn't ghash.io running 170TH/s of Bitfury? That sale alone would have paid for the mask and design work.
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I don't want to bash Butterfly Labs if I don't have to, and don't want to come off as petty. Forgive me if this is. But they probably should have noticed this $/GH comparison was wrong by now. (Found here: http://www.butterflylabs.com/monarch/) Their claim may have been correct (or not) for a few days, but it has certainly been incorrect for a long time now. I hope no miners out there were mislead into buying the Monarch based on this internal advertisement. The only way this can be correct now is if BFL claims that "the competition" is some specific entity other than those listed below. Of course, that would be disingenuous. BFL, if you are watching, please update your misleading product page. I think you will find that they were referring to the KNCminer products as "The Competition", which Josh has actively commented on in several forum threads.
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The other problem is that the ASICs actually get quite hot, even with the closed loop water cooler. The only TIM pads I had laying around was a roll of 3M 5590H, and while it's decent stuff for most applications the 0.5mm thick 3.0W/mK really isn't effective enough for the kind of heat load these chips put out. I'll have to order some 0.5mm 12-17W/mK material, and I might be adventurous and try it with just grease.
Will the grease work if you put enough to fill the gaps effectively? I was under the impression that grease has to be as thin as possible for best effect, and we know that 8 chips wont be perfectly level.
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Interesting
I hope there's some mustache twirling going on right now... Definite mustache twiddling going on. Looking like a second batch is pretty doable at this point. Just going over everything on our end to make sure it can happen. Seems like there is interest though. Shouldn't be too hard to fill out the next 3000. Stay tuned. Barntech When I punch the first batch into http://mining.thegenesisblock.com/ and select Nov 2013 delivery, it's one of the few products to still give a positive ROI. There is such a fine window of opportunity with this ASIC stuff, if you can get the product to pay for itself, then you are laughing until it's running cost exceeds revenue. My point is that when you work out the viability of a second batch, as part of the process, punch realistic figures into the mining calc so see if it's worthwhile, before you get everyone excited.
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hit & runner guys let this coin stuck again Like all coins, you need a base of people mining it and not pool hopping. I see only 5 miners on tompool, there were like 30 a couple of hours ago. Pool hopping ftw! CHNcoin is another classic, I have like 200kH/s pointed at it, and I think I found 4 consecutive blocks this week! People abandon coins when they are high diff.
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I think that this "network protection statement" is obsolete now, because before couple of months there for nothing about:
cointerra hashfast bfl monarch avalon gen. 2 xcrowd labcoin .. and maybe I forgot to mention someone.
..and I expect, that some new manufacturers will appears to the end of the year.) I'm pretty sure, that all of these manufacturers will not stop producing hw for 3 months because of KNC.)
Yep. Bitfury. Shipping now/hashing now at: https://ghash.io/ 163TH/s and growing. bitfury was known competitor, when KNC release their network protection statement;) uhh 163TH/s.. I checked this private pool before couple of weeks, speed was about 20TH/s.. This is old news. The pool will be at 200TH soon, since that was the target. Makes ASICminer look like noobs http://www.asicminercharts.com/live/
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I expected to be disappointed by the price, but it's larger than normal. On the other hand, my disappointment is not directed at them, obviously they need to make money from this, and as much as we would all like this well under 1 BTC, they aren't doing this for charity. They have every right to make an immediate ROI, as we all wish we could do.
Love the product, I think the people behind it are decent, but I have to bow out on the price. Good luck and happy mining!
Now that's the spirit! Congratulate on achievement, express disappointment at price, wish well and bow out and wait for better opportunities. Why can't everyone be so thoughtful? I would gladly buy the things at the right price. We are talking about something for a financial investment, not a new TV, price is critical.
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Is there a link to what josh has supposedly said?
nope it was in the chat box on their forums You should know BFL by now, they don't like to tell their customers what's going on with orders in general.
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How many hundreds of articles do we need to see showing that the math just doesn't make sense.
Bitcoin mining, in it's current form is DEAD! BTC
It's certainly not dead, it's alive and kicking like never before, it's just most miners are clueless as to the economics of their rigs.
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