I'm looking for partners for GPU mining I have free electricity

[Frequency]

Sounds good to me, I'm in the US.  I can't ship any GPUs, but I can start up a US based initiative.  I too essentially have free electricity.  About 20 AMPs at 120v.  So roughly 20,000 watts.  Enough to start up a small pool if need be.  I started a similar thread and got similar responses.  If you send me a PM, we can go from there.

I thought Amp x Volt = Watt ?? So 20 x 120 = 2400watt??? Or do i over see something here?? just curious..

[FrogBBQ]

Why on earth anybody would start a GPU mining farm these days weeks away from ASIC delivery? Consolidating existing rigs may be OK over the next few weeks or so but this is the very end of this era in my humble opinion.

Is this a scam?

[cedivad]

You will use MY tax MONEY FOR YOUR PROFIT.

FUCK YOU.

[DiCE1904]

Why on earth anybody would start a GPU mining farm these days weeks away from ASIC delivery? Consolidating existing rigs may be OK over the next few weeks or so but this is the very end of this era in my humble opinion.

Is this a scam?

did you not read the rest of the thread before posting this  

[FrogBBQ]

If it is a scam why would anybody want GPU rigs anyway. Other than to make a very cheap GPU supercomputer, which is actually very useful in academia [http://www.youtube.com/watch?v=hSVo4ejZ7rc], I just do not see the point.

It would be easier to ask bitcoin miner to simply ship their rigs (shipping could be paid by the interested party) to be recycle for such purpose rather than trying to justify it for bitcoin GPU mining.

Anyway, each its own.

[MysteryMiner]

Why on earth anybody would start a GPU mining farm these days weeks away from ASIC delivery?

We will see in next few months. I have bet on Bestofbitcoin.in that there will be no ASIC from BLF or any other manufacturer for years to come.

Is this a scam?

Yes it is! I will run away with your GPU's and sell them for quick profit and I'm not thinking about steady long term flow of bitcoins. /sarcasm off>

You will use MY tax MONEY FOR YOUR PROFIT.

FUCK YOU.

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

[Shotgun_WooWoo]

What makes you think the ASICs won't be released?  I think they make take a little longer to send out at the very most, but butterflylabs has pulled through in the past.  I don't quite understand their logic with releasing a unit for $700 that performs better than their $15,000 rig.  They are both going to be released at close times as well. 

If this becomes a trend, which it looks like it is.  Then BTC will turn out to be nothing more than a hardware laundering scam where miners keep paying more money to match the difficulty.  It looks like BTC is going to have to go back to it's roots and set/get some things straight. 

I don't want to see it collapse, but it needs some work. 

[crazyates]

Sounds good to me, I'm in the US.  I can't ship any GPUs, but I can start up a US based initiative.  I too essentially have free electricity.  About 20 AMPs at 120v.  So roughly 20,000 watts.  Enough to start up a small pool if need be.  I started a similar thread and got similar responses.  If you send me a PM, we can go from there.

I thought Amp x Volt = Watt ?? So 20 x 120 = 2400watt??? Or do i over see something here?? just curious..

W = V * A, but can be a little confusing after that. See : http://en.wikipedia.org/wiki/Watt#Confusion_of_watts.2C_watt-hours.2C_and_watts_per_hour

[bcpokey]

What makes you think the ASICs won't be released?  I think they make take a little longer to send out at the very most, but butterflylabs has pulled through in the past.  I don't quite understand their logic with releasing a unit for $700 that performs better than their $15,000 rig.  They are both going to be released at close times as well. 

If this becomes a trend, which it looks like it is.  Then BTC will turn out to be nothing more than a hardware laundering scam where miners keep paying more money to match the difficulty.  It looks like BTC is going to have to go back to it's roots and set/get some things straight. 

I don't want to see it collapse, but it needs some work. 

People doubt ASICs because they are difficult to develop, and expensive. The concept that bitcoin is successful enough to drive entrepreneurs to sink hundreds of thousands, or potentially > $1M & > 1 year of professional development, into a bitcoin project, is hard to swallow (not my words, just an explanation).

That said, bitcoin has always been a "scam" where people keep paying more money to match difficulty, that is inherent in the design. This is just the natural progression, CPUs started it, GPUs being faster more specialized CPUs took over, and now fully dedicated processors in the form of FPGA/ASIC are on the scene. This is the root of bitcoin, and it isn't necessarily a problem.

[cedivad]

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

Where are you from exactly?
It's still stealing from the community. No matter how badly the community is regulated.

"i do it because he does it too" is not a valid excuse.

[MrTeal]

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

Where are you from exactly?
It's still stealing from the community. No matter how badly the community is regulated.

"i do it because he does it too" is not a valid excuse.

Just ignore the wannabe Nazi.

[cedivad]

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

Where are you from exactly?
It's still stealing from the community. No matter how badly the community is regulated.

"i do it because he does it too" is not a valid excuse.

Just ignore the wannabe Nazi.

It's not my goal to be Nazi or stuff like that. I'm sorry if i made you think that.
Seriously, i don't want you to stole my money.

This is what i think this thread is.

[MrTeal]

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

Where are you from exactly?
It's still stealing from the community. No matter how badly the community is regulated.

"i do it because he does it too" is not a valid excuse.

Just ignore the wannabe Nazi.

It's not my goal to be Nazi or stuff like that. I'm sorry if i made you think that.
Seriously, i don't want you to stole my money.

This is what i think this thread is.

Oh, not you.

Other> National Socialist.

All you capitalists are investing your money in wrong places, sometimes you win, but most time you lose your money to the jews pulling the strings of market. Only gold and other precious metals are worth investement. And not a investement in a sense of "get rich by doing nothing", but as a storage of value if money is devalued or something.

[Frequency]

Sounds good to me, I'm in the US.  I can't ship any GPUs, but I can start up a US based initiative.  I too essentially have free electricity.  About 20 AMPs at 120v.  So roughly 20,000 watts.  Enough to start up a small pool if need be.  I started a similar thread and got similar responses.  If you send me a PM, we can go from there.

I thought Amp x Volt = Watt ?? So 20 x 120 = 2400watt??? Or do i over see something here?? just curious..

W = V * A, but can be a little confusing after that. See : http://en.wikipedia.org/wiki/Watt#Confusion_of_watts.2C_watt-hours.2C_and_watts_per_hour

yuuup thx for that  

Why on earth anybody would start a GPU mining farm these days weeks away from ASIC delivery?

We will see in next few months. I have bet on Bestofbitcoin.in that there will be no ASIC from BLF or any other manufacturer for years to come.

Is this a scam?

Yes it is! I will run away with your GPU's and sell them for quick profit and I'm not thinking about steady long term flow of bitcoins. /sarcasm off>

You will use MY tax MONEY FOR YOUR PROFIT.

FUCK YOU.

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

I do think the same about it..but we will see November is also almost done still nothing out there same as oktober..

What makes you think the ASICs won't be released?  I think they make take a little longer to send out at the very most, but butterflylabs has pulled through in the past.  I don't quite understand their logic with releasing a unit for $700 that performs better than their $15,000 rig.  They are both going to be released at close times as well.  

If this becomes a trend, which it looks like it is.  Then BTC will turn out to be nothing more than a hardware laundering scam where miners keep paying more money to match the difficulty.  It looks like BTC is going to have to go back to it's roots and set/get some things straight.  

I don't want to see it collapse, but it needs some work.  

People doubt ASICs because they are difficult to develop, and expensive. The concept that bitcoin is successful enough to drive entrepreneurs to sink hundreds of thousands, or potentially > $1M & > 1 year of professional development, into a bitcoin project, is hard to swallow (not my words, just an explanation).

could be a good explanation when we look back in to this over a year..

[bcpokey]

I will use the money of the evil union (EU) that completely destroyed economy of my homeland! It is like stealing from government in USSR where it was a honorable thing to do.

Where are you from exactly?
It's still stealing from the community. No matter how badly the community is regulated.

"i do it because he does it too" is not a valid excuse.

Just ignore the wannabe Nazi.

It's not my goal to be Nazi or stuff like that. I'm sorry if i made you think that.
Seriously, i don't want you to stole my money.

This is what i think this thread is.

Oh, not you.

Other> National Socialist.

All you capitalists are investing your money in wrong places, sometimes you win, but most time you lose your money to the jews pulling the strings of market. Only gold and other precious metals are worth investement. And not a investement in a sense of "get rich by doing nothing", but as a storage of value if money is devalued or something.

The hell? That was random, thanks for the quotes. This crap is still a surprise to me.

[AndrewBUD]

I think ASIC's will show up soon enough.. less than years but more than months

If people think there going to have an ASIC device mining@home in the next 2 weeks is dreaming in color....

[mrb]

The Bitcoin ASIC is not here and will not be here for long time. Current ASIC preorders are fraud and classic confidence scam.

Probably I need to wait until everyone realizes that no ASIC is coming and then resurrect this thread.

You are wrong, and I added you to my signature. ASICs are coming.
I have always ended up being correct in all the arguments/claims I have been involved on these forums. I will be right again this time.

[reyals]

You are wrong, and I added you to my signature. ASICs are coming.
I have always ended up being correct in all the arguments/claims I have been involved on these forums. I will be right again this time.

Doh! I didn't see the "Shipping for International Customers" section on your website. Oh well. At least I helped contribute a little bit to the Bitcoin economy.

On a related subject, please Robert, add Bitcoin as a payment option to your site :-)

Yes I wasted 5 mins clicking through your posts what of it?

[mrb]

Yes I wasted 5 mins clicking through your posts what of it?

I said "they don't seem to ship in the US", hence expressing uncertainty, not a claim. Try again A few examples of the predictions I made and argued for: that pirateat40 would be a scammer, that the BFL Jalapeno would require 2 USB cables, that the HD 7000 series would be capable of 3.6 Mhash/J.

I also challenge MysteryMiner to put his money where his mouth is by betting against http://betsofbitco.in/item?id=665 (Full disclosure: I created this bet and put 50 BTC of my own money in it.) He claims he put money somewhere, without telling which bet and without showing proof.

[jl2035]

It's true. EU really gives unexplained money to projects that might comply with the notice they gave out. I'm also trying to get some

About the jalapenos: if it's a scam and they won't be shipped in about a month I'm about to cancel my order...