silverbox
Legendary
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Activity: 966
Merit: 1003
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June 26, 2012, 10:24:28 PM |
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What's not exactly so important is that it will be 200TH, but how hard it would for someone to get their hands on another 202TH.
4 to 6 weeks hard. Sorry, couldn't resist.  You should have a doctor look at that!! |
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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June 27, 2012, 12:51:15 AM |
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Firstly, I suggest some people go read up about 51% attacks ...
Secondly, if you mine N% of the network normally, you aren't stopping anyone's transactions getting in, you are simply slowing down the transactions you are ignoring by leaving it to the other (100-N)% of the network to deal with those transaction you are ignoring.
This is also actually where pools that ignore transaction are negatively affecting the network - they are extending the uncomitted life of these transactions for all other pools to deal with.
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sadpandatech
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June 27, 2012, 01:31:46 AM |
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Firstly, I suggest some people go read up about 51% attacks ...
Secondly, if you mine N% of the network normally, you aren't stopping anyone's transactions getting in, you are simply slowing down the transactions you are ignoring by leaving it to the other (100-N)% of the network to deal with those transaction you are ignoring.
This is also actually where pools that ignore transaction are negatively affecting the network - they are extending the uncomitted life of these transactions for all other pools to deal with.
thanks for fine tuning that part of the info about it. It seems we are overdue to have a top of the page discussion thread about that amongst other things. It would help bring some of us older guys back up to speed and get all the recent newcomers acquainted with such issues. |
If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA
It is being worked on by smart people. -DamienBlack
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sadpandatech
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June 27, 2012, 01:36:10 AM |
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1. some where between 400 and 700 orders. No way to tell exactly how many are real but Bit-Pay has announced processing 46,000 BTC worth of sales just the first 2 days or so. 2. they have not released those numbers yet as far as I am aware. 3. Buluna(sp?) posted a link to those guys in the open source asic thread. Their offerings look pretty flexible and it would be worth at least checking to see if they offer full masksets or only a few layers worth, cost, etc etc. |
If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system.
- GA
It is being worked on by smart people. -DamienBlack
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gonella
Newbie
Offline
Activity: 17
Merit: 0
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June 27, 2012, 02:24:38 AM |
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Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
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June 27, 2012, 02:41:37 AM |
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So lemme get this straight.....
$200 (ship+tax inc) and i get ~3.5gh that uses <10watt........
I would take out a loan to buy >9000 these if it didnt destroy the world economy, But im hoping that i can atleast get on into my hands before i attempt something like mining for one, Holy fuck....... I'll Trade my 6990 for a three of these..... like dude... DUDE.... hollly fuckkkkkk, Anyone that DOESNT have one of these is going to be flat fucked by difficulty, Not only difficulty alone either! The 50btc blocks are soon to split into 25btc blocks!
Could we please see a working one of these so i know weather or not to skimp on my food budget to save for one of these? (yes i am serious)
If these are serious then these are Seriously going to become the new standard, And GPU mining will be as laughable as CPU mining became...
I've got great reputation, Would somebody put a preorder for me? I really hope to get one of these "on time" for thier "activation" arrival when the difficulty spikes...
Fuck...... Spent my savings on some GPU's about 6months ago, and then FPGA came out, Making my ROI almost impossible to reach. Now these?! I cant even sell my GPUs now!
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Luceo
Sr. Member
Offline
Activity: 350
Merit: 250
Per aspera ad astra!
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June 27, 2012, 03:15:11 AM |
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If you believe the spec, it's sub-4.5W for the Jalapeno, as that's all USB3 can deliver.
Your GPUs have resale value even long past their mining use, just because they're such good gaming cards. I'm sure someone on the forum would take 6990s for some Jalapeno pre-orders.
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boonies4u
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June 27, 2012, 03:50:19 AM |
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Could we please see a working one of these so i know weather or not to skimp on my food budget to save for one of these? (yes i am serious)
If these are serious then these are Seriously going to become the new standard, And GPU mining will be as laughable as CPU mining became...
Maybe they will have a prototype to show us sometime between now and October. |
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Luceo
Sr. Member
Offline
Activity: 350
Merit: 250
Per aspera ad astra!
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June 27, 2012, 03:59:02 AM |
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Could we please see a working one of these so i know weather or not to skimp on my food budget to save for one of these? (yes i am serious)
If these are serious then these are Seriously going to become the new standard, And GPU mining will be as laughable as CPU mining became...
Maybe they will have a prototype to show us sometime between now and October. With their first Singles, and again with their Minirigs, they had pictures during the development process plastered all over the website and the forum. I'm pretty sure they'll do the same again. |
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SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
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June 27, 2012, 04:18:53 AM |
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Secondly, if you mine N% of the network normally, you aren't stopping anyone's transactions getting in, you are simply slowing down the transactions you are ignoring by leaving it to the other (100-N)% of the network to deal with those transaction you are ignoring.
Not necessarily true. If you have > 50%, you have the option of forking the chain and ignoring blocks from other miners. The clients will automatically accept your new fork, because it is longest. In that way, you could prevent anyone from making any transactions, unless they figured out an easy way around this. |
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Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
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June 27, 2012, 04:46:09 AM |
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Could we please see a working one of these so i know weather or not to skimp on my food budget to save for one of these? (yes i am serious)
If these are serious then these are Seriously going to become the new standard, And GPU mining will be as laughable as CPU mining became...
Maybe they will have a prototype to show us sometime between now and October. With their first Singles, and again with their Minirigs, they had pictures during the development process plastered all over the website and the forum. I'm pretty sure they'll do the same again. And thats the freaky part!, It could be Compleatley on track, I would be surprised if it was not, And on the other hand, It could be a massive scam, But its unlikely, Then again, Whats to stop them from making another F**king unbelievable product and THENN doing the bait and switch? Profit? Rep? blah blah. We all thought that the BFL singles were total bullcrap untill hundreds came out. |
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flower1024
Legendary
Offline
Activity: 1428
Merit: 1000
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June 27, 2012, 06:09:32 AM |
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one question: bfl states jalapeno runs on usb power.
did they say usb2 or usb3?
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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June 27, 2012, 06:14:09 AM |
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one question: bfl states jalapeno runs on usb power.
did they say usb2 or usb3?
I pretty sure it will need USB5 ... |
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flower1024
Legendary
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Activity: 1428
Merit: 1000
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June 27, 2012, 06:21:19 AM |
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one question: bfl states jalapeno runs on usb power.
did they say usb2 or usb3?
I pretty sure it will need USB5 ... does not compute  |
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Fjordbit
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June 27, 2012, 07:21:15 AM |
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I cant even sell my GPUs now!
Put an ad on craigslist for the current full price on newegg. Include a link to Amazon because that will cost more and they'll think it's a deal. Then, say that it includes installation. It takes no time at all to sell GPUs. |
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Fiyasko
Legendary
Offline
Activity: 1428
Merit: 1001
Okey Dokey Lokey
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June 27, 2012, 07:39:06 AM |
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I cant even sell my GPUs now!
Put an ad on craigslist for the current full price on newegg. Include a link to Amazon because that will cost more and they'll think it's a deal. Then, say that it includes installation. It takes no time at all to sell GPUs. was offered $350, refused. okay so yeah it's not a cant, But a "i dont want a shit resale value" Uggh, I was just hoping that there would be somone who would want a 6990 that would trade me a jalpeno(s) for it. Rather than, Ad->barter->cash->middleman->bitcoins->order sheet |
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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June 27, 2012, 07:55:53 AM |
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Secondly, if you mine N% of the network normally, you aren't stopping anyone's transactions getting in, you are simply slowing down the transactions you are ignoring by leaving it to the other (100-N)% of the network to deal with those transaction you are ignoring.
Not necessarily true. If you have > 50%, you have the option of forking the chain and ignoring blocks from other miners. The clients will automatically accept your new fork, because it is longest. In that way, you could prevent anyone from making any transactions, unless they figured out an easy way around this. As I said "if you mine N% of the network normally" that's all that will happen. But yes things change when someone is trying to do damage to the network with modified code. But even doing that there is certainly a risk of losing BTC rather than gaining more. From the point of view of statistics, it doesn't matter if you switch blocks to the next available block or keep mining an old block - you wont find a block any faster either way. However, if you continue to mine an old block you have the risk that the rest of network will get too far ahead of you and thus never accept your blocks. |
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Grouver (BtcBalance)
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June 27, 2012, 08:09:51 AM |
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BFL claims they start shipping in October. Like this page says they really promise. Though my question is, wich items you are gonna ship first? Are you guys first gonna ship the Jalapenos and maybe a couple of SC Mini rigs? For example: as far we can guess it's maybe gonna takes another 4 months after October before you ship the Single SC units, though the shipping started in October alright like promised. Can BFL give us maybe a little bit clarification on that area? Thanks. |
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kano
Legendary
Offline
Activity: 4466
Merit: 1798
Linux since 1997 RedHat 4
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June 27, 2012, 09:59:49 AM |
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BFL claims they start shipping in October. Like this page says they really promise. Though my question is, wich items you are gonna ship first? Are you guys first gonna ship the Jalapenos and maybe a couple of SC Mini rigs? For example: as far we can guess it's maybe gonna takes another 4 months after October before you ship the Single SC units, though the shipping started in October alright like promised. Can BFL give us maybe a little bit clarification on that area? Thanks. They said somewhere (no idea where, search the forum?) that they'll ship them all at the same time. |
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