Off-Topic

[kkooks]

Looks like you can buy Avalon asic's here for $6.00 to $7.00 each.
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html

aint a bad price... cept once you get that off to terrahash, he cannot even get it to hash correctly...
so... the wait will still be about 2months (IMHO)

[Vigil]

My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.

3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.

Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...

problem is terrahash is looking like they are 2 months-ish away (IMHO) from even getting the development aspect of things squared away.
Lets just hope the rest of the asic manufacturers also fail to deliver on time so that the impact of the delays are muted... starting up then with 30%~45% increase in difficulties will double your ROI estimates.

Depending on how many units you purchased you will not get your money back on the Klondike (Avalon 1st gen) - that boat sailed about 15 to 30 days ago. I figured from the calculator that factors in diff increase that even 1 month was the difference between return + profit and not even making your money back. 1 month was all it took to either make $1400 or $530 on a K64 at 18 GH/s (Lifetime of the board - i.e., until it started costing more to run than it made).

[Axion_Zen]

Looks like you can buy Avalon asic's here for $6.00 to $7.00 each.
http://http://www.alibaba.com/product-gs/1144834838/A3256_Q48.html

aint a bad price... cept once you get that off to terrahash, he cannot even get it to hash correctly...
so... the wait will still be about 2months (IMHO)

that link is not for an Avalon asic..if you look at specs it is a different chip.

[fasmax]

The picture seems to show an Avalon chip.

[kkooks]

The picture seems to show an Avalon chip.

it does...

on to the real topic--
it is rather interesting that we are doing homework for Terrahash cept we seem to just get the middle finger in return
lmao

[Axion_Zen]

The picture means nothing , look at the specs to all these "avalon chips" on those sites and you will see that they are usually a completely different IC.. with same part#'s

[atomicchaos]

In related news... It appears that there have been a couple very large bitcoin purchases on MT. Gox in the last 24 hours (one being about 1 million). One could hope that is ahead of some good news coming.

[Vigil]

In related news... It appears that there have been a couple very large bitcoin purchases on MT. Gox in the last 24 hours (one being about 1 million). One could hope that is ahead of some good news coming.

Like? BitInstant will reopen and we can begin arbitrage?

[kkooks]

In related news... It appears that there have been a couple very large bitcoin purchases on MT. Gox in the last 24 hours (one being about 1 million). One could hope that is ahead of some good news coming.

Like? BitInstant will reopen and we can begin arbitrage?

likely regulation to keep businesses like terrahash accountable.

http://www.theguardian.com/technology/2013/aug/26/bitcoin-lobbyists-us-authorities-scrutiny

[Vigil]

In related news... It appears that there have been a couple very large bitcoin purchases on MT. Gox in the last 24 hours (one being about 1 million). One could hope that is ahead of some good news coming.

Like? BitInstant will reopen and we can begin arbitrage?

likely regulation to keep businesses like terrahash accountable.

http://www.theguardian.com/technology/2013/aug/26/bitcoin-lobbyists-us-authorities-scrutiny

Haha. The Fed, FBI, Treasury, SS, etc. was there - oh man, they are scared shitless. I'm racking up 1000 BTC and heading to south america. Pay my $450 US membership cancellation fee and I'm out.

[bebfoo]

A friend who is in contact with Cloudhashing said that he is claiming Terrahash never refunded his money. Hmmm...

[atomicchaos]

A friend who is in contact with Cloudhashing said that he is claiming Terrahash never refunded his money. Hmmm...

I wouldn't have believed that in the beginning, however...

[kkooks]

Theres definitely lots of upward movement in buying btcs in this moment-- http://www.zeroblock.com/ daily graph

[MinermanNC]

My lord, I'm just now approaching a return on my 2400kh I bought 3-4 months ago. No way I can purchase another rig let alone one that massive. The more you spend upfront, the better with mining it seems.

3-4 months is a great ROI. There aren't many businesses that you can make back your investment in 3-4 months. There are many other factors that go into that, most important is power, and I'm fortunate to be very close to some of the cheapest power in the US. There are cheaper places, but that is the difference in becoming a large operation that can turn a profit in the short term.

Plus, if it goes bust earlier than expected, I can make back at least 30% of the equipment cost, unlike ASICs. That said, to become a large scale GPU farm, you need massive amounts of cheap power, and the ability to cool it. If only I started this 3 years ago...

my power where i live in the south now is 11.3 per kw hr....up north in my hometown, power is just under .08 (western NY ) and its much cooler temps... I plan to move back home when my son finishes his early college,,,but thats about 48  months away  not sure if GPU mining will still be happening by then the way things change so fast now. But like you said, can always pump out some gaming rigs on craigs list and make most of my money back,,,lol (unlike asics) and besides for now i like having fun withthe various coins one can mine with gpu... Im trying to stay positive in light of the lost asic income dream... lol

[-Redacted-]

Looks like the only three people I have on ignore - vigil, kkooks, and atomic are winding each other up real good tonight.  Sorry - can't tell what you're saying, but it's pretty obvious you're taking a dump all over the thread.  Don't you have anything better to do than puke on the Terrahash thread all night long?  

[kkooks]

Looks like the only three people I have on ignore - vigil, kkooks, and atomic are winding each other up real good tonight.  Sorry - can't tell what you're saying, but it's pretty obvious you're taking a dump all over the thread.  Don't you have anything better to do than puke on the Terrahash thread all night long?  

lmao very mature . we are getting lots of your types lately.

[Silvas]

Looks like the only three people I have on ignore - vigil, kkooks, and atomic are winding each other up real good tonight.  Sorry - can't tell what you're saying, but it's pretty obvious you're taking a dump all over the thread.  Don't you have anything better to do than puke on the Terrahash thread all night long?  

Oh look I've got so and so on ignore!  oh look I can't see what you're saying, you must be in a frenzy!
Troll.  Seriously that's all you're doing here; being a juvenile troll.
You wanna ignore someone, grow the f8ck up and ignore them and shut up about it. 

I can respect those who disagree with me when they're able to voice an argument, no matter if it's uninformed or not.  But people like you... ugh.  Just evolve already.

[atomicchaos]

Oh look I've got so and so on ignore!  oh look I can't see what you're saying, you must be in a frenzy!
Troll.  Seriously that's all you're doing here; being a juvenile troll.
You wanna ignore someone, grow the f8ck up and ignore them and shut up about it.  

I can respect those who disagree with me when they're able to voice an argument, no matter if it's uninformed or not.  But people like you... ugh.  Just evolve already.

You should just laugh it off... I'm not sure why anyone would care if they ignored them, but apparently they were ignored as children and it made an impact on them. So now they punish those that oppose their opinion with the <drum roll>, dreaded IGNORE!

We can band together and somehow get through this.

[-Redacted-]

Looks like the only three people I have on ignore - vigil, kkooks, and atomic are winding each other up real good tonight.  Sorry - can't tell what you're saying, but it's pretty obvious you're taking a dump all over the thread.  Don't you have anything better to do than puke on the Terrahash thread all night long?  

Oh look I've got so and so on ignore!  oh look I can't see what you're saying, you must be in a frenzy!
Troll.  Seriously that's all you're doing here; being a juvenile troll.
You wanna ignore someone, grow the f8ck up and ignore them and shut up about it. 

I can respect those who disagree with me when they're able to voice an argument, no matter if it's uninformed or not.  But people like you... ugh.  Just evolve already.

No - not a troll, a customer of Terrahash, checking to see if there is any useful new information posted.  I can respect those that disagree with me, but not people that simply contribute to the noise level, never the signal.  You seem to be one of those - an armchair engineer and pretend entrepreneur who thinks he knows how to run other peoples businesses better than they do.  Think I'll make that 4 people on ignore....

[kkooks]