Swedish ASIC miner company kncminer.com

[RickJamesBTC]

Most of the US households are not 240V and 200 Amps though.

Really?  I thought that was pretty standard.

I have a newly built 3 bedroom, two full bathroom house and it came with an 100amp panel. I also have central AC, washer, dryer, all that other stuff too, but the main panel is just 100 amps. 200 amps is if you have an extraordinary large house or have special requirements. It is certainly not the norm for a single family home in the US.

200 amp service in Hawaii is by request, (very popular), but not standard... and costs nothing extra if done at the time of original installation.
almost all commercial installs are 200 amp, and maybe 10% of residents....

You guys don't have a lot of electric heating though   I miss Hawaii, it is ~30 degrees here.

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[Phoenix1969]

Most of the US households are not 240V and 200 Amps though.

Really?  I thought that was pretty standard.

I have a newly built 3 bedroom, two full bathroom house and it came with an 100amp panel. I also have central AC, washer, dryer, all that other stuff too, but the main panel is just 100 amps. 200 amps is if you have an extraordinary large house or have special requirements. It is certainly not the norm for a single family home in the US.

200 amp service in Hawaii is by request, (very popular), but not standard... and costs nothing extra if done at the time of original installation.
almost all commercial installs are 200 amp, and maybe 10% of residents....

You guys don't have a lot of electric heating though  I miss Hawaii, it is ~30 degrees here.

Electric runs your fan, but usually mainland folks heat primarily with K-1 and CNG;
Electric heaters are so wasteful! Get rid!
also...  air conditioning typically costs more than heat...  
and @ 43 cents a kilowatthour......

P.S.   lovin winter here....   60-65 degrees at my house pretty much all winter (I live @ 3000ft elev)
if I were "in town", by the ocean, it would be much different.....75-85 every single day...sometimes higher
I actually see low to mid 50's at night here sometimes.

[Ridicuss]

Most of the US households are not 240V and 200 Amps though.

Really?  I thought that was pretty standard.

I have a newly built 3 bedroom, two full bathroom house and it came with an 100amp panel. I also have central AC, washer, dryer, all that other stuff too, but the main panel is just 100 amps. 200 amps is if you have an extraordinary large house or have special requirements. It is certainly not the norm for a single family home in the US.

200 amp service in Hawaii is by request, (very popular), but not standard... and costs nothing extra if done at the time of original installation.
almost all commercial installs are 200 amp, and maybe 10% of residents....

You guys don't have a lot of electric heating though  I miss Hawaii, it is ~30 degrees here.

air conditioning typically costs more than heat...   electric runs your fan, but usually mainland folks heat primarily with K-1 and CNG;)
and @ 43 cents a kilowatthour......

Guess I got lucky. Small house 1200 Sqft. 200 amp service with 20, 30 , and 50 amp breakers in it.  Now if my electricity was a little cheaper I would be set. Sorry, I guess I could not help but feed the semi OT.

[Phoenix1969]

changing to 200 amp service actually LOWERED my bill as well.
I was popping breakers left & right before that
Guess my old stuff was taxed harder than I thought

[sbfree]

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

Wha..? How hairy are you??!!

I prefer my Norelco 45...hahaha

[vesperwillow]

I wish I could switch to 240 haha..

Ah well, scryptmining alone pays the bill, so I'm happy

[RickJamesBTC]

I wish I could switch to 240 haha..

Ah well, scryptmining alone pays the bill, so I'm happy

How bad is your power situation? Get a new drop installed with a better panel.

[soy]

Here's a blatant divergence from the thread.  What the author describes should be good for Bitcoin however.  He get annoyed at Happy New Years wishes and decries disasters that might befall the world and the US in the coming year.  When he gets to the US economy he postulates:

"  But even sooner than a nuclear disaster, we may be facing an even more critical economic disaster -- the catastrophic loss of the dollar’s unique position as the international reserve currency. This is imminent, according to leading economic and political analysts, and would trigger a total collapse of the U.S. banking system, generating explosive financial panic as we are subjected – not only to massive inflation – but also the immediate seizure by failing banks of all our deposits: checking accounts, savings accounts, Certificates of Deposit (CDs), money market funds, pensions, and any other liquid assets. Can failing banks really seize our money “just like that”? Yep, just like that. It is perfectly legal; the enabling “bail-in” laws have already been put on the books in the U.S. and Europe (did you sleep through that?).

 

And don’t think the FDIC  will protect your deposits up to the $250,000 limit promised by this agency. For when the failing banks seize your deposits, they will convert your money into stock in their failed institutions, rendering you “legally compensated” for your loss, and therefore not entitled to reimbursement  by the FDIC. Not that it will matter because, by that time, the FDIC will be bankrupt, since it has reserves of only $25 billion, whereas the seized deposits requiring compensation would likely exceed $25 trillion. And even if the FDIC could lay its hands on $25 trillion (fat chance, since this is nearly twice the entire Gross Domestic Product of the United States), another statute now  on the books, namely the Bankruptcy Reform Act of 2005, which was arm-twisted into law by Citigroup, JP Morgan, Chase,  Wells Fargo and the rest of the usual suspects (bet you slept through that, too), compels the FDIC to give preference to derivatives counter-parties over mere depositors like yourself, whose claims for reimbursement could exceed $600 trillion – or more than the GDP of the entire world economy. "

And this is why I constantly cash my money out of my accounts and then trade that money for gold. Put the gold into a safe in my home that isn't going anywhere. I'd rather have gold any day over real money. Let the US banks fall and crash. This country really needs a good restart. It is the banking industry that is killing this country to being with. They'll stop at nothing to keep their profits high and when they start losing just a little bit or make a little less profit they go crying like babies and threaten the people with dooms day bullshit. This country unfortunately is ran by greed, not capitalism. But then again, both are the same.

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

Type a lot on those old machines do ya?

[soy]

Here's a blatant divergence from the thread.  What the author describes should be good for Bitcoin however.  He get annoyed at Happy New Years wishes and decries disasters that might befall the world and the US in the coming year.  When he gets to the US economy he postulates:

"  But even sooner than a nuclear disaster, we may be facing an even more critical economic disaster -- the catastrophic loss of the dollar’s unique position as the international reserve currency. This is imminent, according to leading economic and political analysts, and would trigger a total collapse of the U.S. banking system, generating explosive financial panic as we are subjected – not only to massive inflation – but also the immediate seizure by failing banks of all our deposits: checking accounts, savings accounts, Certificates of Deposit (CDs), money market funds, pensions, and any other liquid assets. Can failing banks really seize our money “just like that”? Yep, just like that. It is perfectly legal; the enabling “bail-in” laws have already been put on the books in the U.S. and Europe (did you sleep through that?).

 

And don’t think the FDIC  will protect your deposits up to the $250,000 limit promised by this agency. For when the failing banks seize your deposits, they will convert your money into stock in their failed institutions, rendering you “legally compensated” for your loss, and therefore not entitled to reimbursement  by the FDIC. Not that it will matter because, by that time, the FDIC will be bankrupt, since it has reserves of only $25 billion, whereas the seized deposits requiring compensation would likely exceed $25 trillion. And even if the FDIC could lay its hands on $25 trillion (fat chance, since this is nearly twice the entire Gross Domestic Product of the United States), another statute now  on the books, namely the Bankruptcy Reform Act of 2005, which was arm-twisted into law by Citigroup, JP Morgan, Chase,  Wells Fargo and the rest of the usual suspects (bet you slept through that, too), compels the FDIC to give preference to derivatives counter-parties over mere depositors like yourself, whose claims for reimbursement could exceed $600 trillion – or more than the GDP of the entire world economy. "

And this is why I constantly cash my money out of my accounts and then trade that money for gold. Put the gold into a safe in my home that isn't going anywhere. I'd rather have gold any day over real money. Let the US banks fall and crash. This country really needs a good restart. It is the banking industry that is killing this country to being with. They'll stop at nothing to keep their profits high and when they start losing just a little bit or make a little less profit they go crying like babies and threaten the people with dooms day bullshit. This country unfortunately is ran by greed, not capitalism. But then again, both are the same.

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

If the entire economy goes belly up I'm not sure what would have more value down here in the deep south, gold or $20 rolls of quarters.

[faetos]

Here's a blatant divergence from the thread.  What the author describes should be good for Bitcoin however.  He get annoyed at Happy New Years wishes and decries disasters that might befall the world and the US in the coming year.  When he gets to the US economy he postulates:

"  But even sooner than a nuclear disaster, we may be facing an even more critical economic disaster -- the catastrophic loss of the dollar’s unique position as the international reserve currency. This is imminent, according to leading economic and political analysts, and would trigger a total collapse of the U.S. banking system, generating explosive financial panic as we are subjected – not only to massive inflation – but also the immediate seizure by failing banks of all our deposits: checking accounts, savings accounts, Certificates of Deposit (CDs), money market funds, pensions, and any other liquid assets. Can failing banks really seize our money “just like that”? Yep, just like that. It is perfectly legal; the enabling “bail-in” laws have already been put on the books in the U.S. and Europe (did you sleep through that?).

 

And don’t think the FDIC  will protect your deposits up to the $250,000 limit promised by this agency. For when the failing banks seize your deposits, they will convert your money into stock in their failed institutions, rendering you “legally compensated” for your loss, and therefore not entitled to reimbursement  by the FDIC. Not that it will matter because, by that time, the FDIC will be bankrupt, since it has reserves of only $25 billion, whereas the seized deposits requiring compensation would likely exceed $25 trillion. And even if the FDIC could lay its hands on $25 trillion (fat chance, since this is nearly twice the entire Gross Domestic Product of the United States), another statute now  on the books, namely the Bankruptcy Reform Act of 2005, which was arm-twisted into law by Citigroup, JP Morgan, Chase,  Wells Fargo and the rest of the usual suspects (bet you slept through that, too), compels the FDIC to give preference to derivatives counter-parties over mere depositors like yourself, whose claims for reimbursement could exceed $600 trillion – or more than the GDP of the entire world economy. "

And this is why I constantly cash my money out of my accounts and then trade that money for gold. Put the gold into a safe in my home that isn't going anywhere. I'd rather have gold any day over real money. Let the US banks fall and crash. This country really needs a good restart. It is the banking industry that is killing this country to being with. They'll stop at nothing to keep their profits high and when they start losing just a little bit or make a little less profit they go crying like babies and threaten the people with dooms day bullshit. This country unfortunately is ran by greed, not capitalism. But then again, both are the same.

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

If the entire economy goes belly up I'm not sure what would have more value down here in the deep south, gold or $20 rolls of quarters.

You could trade possum skins and tobaccy.

[soy]

Here's a blatant divergence from the thread.  What the author describes should be good for Bitcoin however.  He get annoyed at Happy New Years wishes and decries disasters that might befall the world and the US in the coming year.  When he gets to the US economy he postulates:

"  But even sooner than a nuclear disaster, we may be facing an even more critical economic disaster -- the catastrophic loss of the dollar’s unique position as the international reserve currency. This is imminent, according to leading economic and political analysts, and would trigger a total collapse of the U.S. banking system, generating explosive financial panic as we are subjected – not only to massive inflation – but also the immediate seizure by failing banks of all our deposits: checking accounts, savings accounts, Certificates of Deposit (CDs), money market funds, pensions, and any other liquid assets. Can failing banks really seize our money “just like that”? Yep, just like that. It is perfectly legal; the enabling “bail-in” laws have already been put on the books in the U.S. and Europe (did you sleep through that?).

 

And don’t think the FDIC  will protect your deposits up to the $250,000 limit promised by this agency. For when the failing banks seize your deposits, they will convert your money into stock in their failed institutions, rendering you “legally compensated” for your loss, and therefore not entitled to reimbursement  by the FDIC. Not that it will matter because, by that time, the FDIC will be bankrupt, since it has reserves of only $25 billion, whereas the seized deposits requiring compensation would likely exceed $25 trillion. And even if the FDIC could lay its hands on $25 trillion (fat chance, since this is nearly twice the entire Gross Domestic Product of the United States), another statute now  on the books, namely the Bankruptcy Reform Act of 2005, which was arm-twisted into law by Citigroup, JP Morgan, Chase,  Wells Fargo and the rest of the usual suspects (bet you slept through that, too), compels the FDIC to give preference to derivatives counter-parties over mere depositors like yourself, whose claims for reimbursement could exceed $600 trillion – or more than the GDP of the entire world economy. "

And this is why I constantly cash my money out of my accounts and then trade that money for gold. Put the gold into a safe in my home that isn't going anywhere. I'd rather have gold any day over real money. Let the US banks fall and crash. This country really needs a good restart. It is the banking industry that is killing this country to being with. They'll stop at nothing to keep their profits high and when they start losing just a little bit or make a little less profit they go crying like babies and threaten the people with dooms day bullshit. This country unfortunately is ran by greed, not capitalism. But then again, both are the same.

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

If the entire economy goes belly up I'm not sure what would have more value down here in the deep south, gold or $20 rolls of quarters.

You could trade possum skins and tobaccy.

Plenty of possum.  Close up the coop at night as possum will rip the heads off chickens, at least that's what I'm told.  Tobacacco?  raised 20 or 30 plants some years ago.  Still have the tobacco.  Figured now that it's almost all grown elsewhere in the world, not here for the major cigarette companies, who know what kind of chemicals they use.  Not using it tho.  Yes, gold or twenty dollar rolls of quarters, reminds me of http://www.amazon.com/The-Crash-Paul-Emil-Erdman/dp/0671223658 The Crash of '79.  Short term radiation nukes to take out the population of oil kingdoms, landlord nukes kill people leave the infrastructure, but it went tits up.

[Bitcoinorama]

I'm surprised no one's wished Bitcoin a happy 5th birthday today, and raised a glass to Satoshi!

[RickJamesBTC]

I'm surprised no one's wished Bitcoin a happy 5th birthday today, and raised a glass to Satoshi!

I'll do that now! Cheers!

[fubly]

I'm surprised no one's wished Bitcoin a happy 5th birthday today, and raised a glass to Satoshi!

cheers!

[jelin1984]

cheers

[CYPER]

I'm surprised no one's wished Bitcoin a happy 5th birthday today, and raised a glass to Satoshi!

Genesis block: 2009-01-03 18:15:05
http://blockexplorer.com/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Wasn't it 2 days ago?

[soy]

Now if Greenland would only say they'll take nothing but BTC for rare earths in their mountain.

http://www.bbc.co.uk/news/magazine-25421967

[xstr8guy]

Here's a blatant divergence from the thread.  What the author describes should be good for Bitcoin however.  He get annoyed at Happy New Years wishes and decries disasters that might befall the world and the US in the coming year.  When he gets to the US economy he postulates:

"  But even sooner than a nuclear disaster, we may be facing an even more critical economic disaster -- the catastrophic loss of the dollar’s unique position as the international reserve currency. This is imminent, according to leading economic and political analysts, and would trigger a total collapse of the U.S. banking system, generating explosive financial panic as we are subjected – not only to massive inflation – but also the immediate seizure by failing banks of all our deposits: checking accounts, savings accounts, Certificates of Deposit (CDs), money market funds, pensions, and any other liquid assets. Can failing banks really seize our money “just like that”? Yep, just like that. It is perfectly legal; the enabling “bail-in” laws have already been put on the books in the U.S. and Europe (did you sleep through that?).

 

And don’t think the FDIC  will protect your deposits up to the $250,000 limit promised by this agency. For when the failing banks seize your deposits, they will convert your money into stock in their failed institutions, rendering you “legally compensated” for your loss, and therefore not entitled to reimbursement  by the FDIC. Not that it will matter because, by that time, the FDIC will be bankrupt, since it has reserves of only $25 billion, whereas the seized deposits requiring compensation would likely exceed $25 trillion. And even if the FDIC could lay its hands on $25 trillion (fat chance, since this is nearly twice the entire Gross Domestic Product of the United States), another statute now  on the books, namely the Bankruptcy Reform Act of 2005, which was arm-twisted into law by Citigroup, JP Morgan, Chase,  Wells Fargo and the rest of the usual suspects (bet you slept through that, too), compels the FDIC to give preference to derivatives counter-parties over mere depositors like yourself, whose claims for reimbursement could exceed $600 trillion – or more than the GDP of the entire world economy. "

And this is why I constantly cash my money out of my accounts and then trade that money for gold. Put the gold into a safe in my home that isn't going anywhere. I'd rather have gold any day over real money. Let the US banks fall and crash. This country really needs a good restart. It is the banking industry that is killing this country to being with. They'll stop at nothing to keep their profits high and when they start losing just a little bit or make a little less profit they go crying like babies and threaten the people with dooms day bullshit. This country unfortunately is ran by greed, not capitalism. But then again, both are the same.

I look forward to the day. I'll just sit home with my Remington and watch some DVD's.

If the entire economy goes belly up I'm not sure what would have more value down here in the deep south, gold or $20 rolls of quarters.

You could trade possum skins and tobaccy.

OxyContin is probably the best alternate currency in the south. 

[vesperwillow]

I wish I could switch to 240 haha..

Ah well, scryptmining alone pays the bill, so I'm happy

How bad is your power situation? Get a new drop installed with a better panel.

Can't otherwise I would, which is why I said I wish I could do that ...

[Biomech]

I wish I could switch to 240 haha..

Ah well, scryptmining alone pays the bill, so I'm happy

How bad is your power situation? Get a new drop installed with a better panel.

Can't otherwise I would, which is why I said I wish I could do that ...

Making a possibly dumb assumption here, you don't own the property.

If that's the case, you can still put in a pole and bring in a new drop, if you can get permission to do so, and this would be a separate power bill altogether. Such an install can be removed fairly easily, so shouldn't offend a landlord.

If that's not the why of it, then just ignore this