Mota
Legendary
 Offline
Activity: 804
Merit: 1002
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June 17, 2013, 09:33:46 AM |
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actually, you have. At least in some countries like Germany. It is forbidden to use customer money to speculate/gain any profit until you deliver the goods the person paid for. E.g If you fail to refund money until a given date you have to pay all the profit you made with it to the customer. Also, you have to take care that all actions regarding the goods don't lessen it's value prior to shipping.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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dan99
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June 17, 2013, 09:43:12 AM |
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Can they finish the 'testing' before I can still make my money back?
Wayne you have a great point, weeks and months in the name of Testings, common guys is it really necessary?? |
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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June 17, 2013, 09:47:34 AM |
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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batman, not crabman
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June 17, 2013, 09:48:55 AM |
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It does kinda look like testing to my untrained eye, but ethically they should be sending the coins to the payment address.
Having said that, I'm not completely naive...
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A horse walks into a bar and the barman says "Give me some Bitcoin!"
17TDYWdeL3GU2fsMSpV7itLYS2UJ91dCDx
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Caser
Newbie
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Activity: 13
Merit: 0
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June 17, 2013, 10:07:55 AM |
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this is really serious, I've thought that BFL was doing this, now AVALON just went to my red-zone as well, it seems that ASICMINER is the only honet company (but with extreme prices)
Uh, ASICMiner also mines with their blades. They openly have a farm and continue to expand it. Apparently, all three companies do this. Which is surprising coming from Avalon. ASICMINER aren't mining with other people's hardware after they've sold it, which is what make's Avalon's actions unethical if this is true. |
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Wayne_Chang
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June 17, 2013, 10:13:03 AM |
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this is really serious, I've thought that BFL was doing this, now AVALON just went to my red-zone as well, it seems that ASICMINER is the only honet company (but with extreme prices)
Uh, ASICMiner also mines with their blades. They openly have a farm and continue to expand it. Apparently, all three companies do this. Which is surprising coming from Avalon. ASICMINER aren't mining with other people's hardware after they've sold it, which is what make's Avalon's actions unethical if this is true. Agree. I heard several persons said that the ASICMiner blades they received are shinning new. |
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r3wt
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June 17, 2013, 10:14:16 AM |
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*r3wt gets the popcorn
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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kano
Legendary
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Activity: 4480
Merit: 1800
Linux since 1997 RedHat 4
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June 17, 2013, 10:16:41 AM |
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lulz ...
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blastbob
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June 17, 2013, 10:19:16 AM |
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*Blastbob is using a word that used alot these days*
SCAM! hahahahahaha
Maybe they are being used while waiting for snailmail. I guess someone is milking every bit.
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Bitrated user: blastbob.
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KS
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June 17, 2013, 10:23:38 AM |
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+1 The peaks indicate they're testing only modules (22GH/s) and one goes up to 180GH/s, maybe complete units, but that's like 3 units max. Not much to cry wolf about. |
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one4many
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June 17, 2013, 10:23:49 AM |
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Agree. I heard several persons said that the ASICMiner blades they received are shinning new.
Yepp ... they were. However they had also a pool in it.  I might still have a screen shot of it ... on my other laptop though. I have a look for it, when I'm back home tonight. one4many |
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pikeadz
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June 17, 2013, 10:27:41 AM |
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+1 The peaks indicate they're testing only modules (22GH/s) and one goes up to 180GH/s, maybe complete units, but that's like 3 units max. Not much to cry wolf about. You're just looking at a graph of the past week. The 3.5 terahash jump that took place was continuous for a several days, and that was in late May and early June. |
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KS
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June 17, 2013, 10:48:33 AM |
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+1 The peaks indicate they're testing only modules (22GH/s) and one goes up to 180GH/s, maybe complete units, but that's like 3 units max. Not much to cry wolf about. You're just looking at a graph of the past week. The 3.5 terahash jump that took place was continuous for a several days, and that was in late May and early June. I stand corrected. Would you have a pic? |
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pikeadz
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June 17, 2013, 10:56:42 AM |
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I stand corrected. Would you have a pic?
Nope, but I am sure wizkid057 or Luke-Jr can pull those stats if they wanted to. Also, you can sort of get a feel for the dates and how much they were mining based on how everyone was talking about "RLW" in the Eligius pool thread I linked to above. |
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rudrigorc2
Legendary
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Activity: 1064
Merit: 1000
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June 17, 2013, 10:58:29 AM |
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Agree. I heard several persons said that the ASICMiner blades they received are shinning new.
Maybe friedcat just have a better air blower: with a good one I can make one two year old Icarus shine like the sun or better assumption is to say he runs the farm in one appropriate clean enviroment suitable to sensible equipment either way, good handling and good hosting may help to explain why he is leader ATM |
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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June 17, 2013, 11:07:20 AM |
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I remember I think at the conference they said the units are dusty because they don't have a clean room where they are doing the burn in. I don't know why users should be so upset at the idea of them doing a burn-in on the real network. They need to be sure the machines work, and it's not like if they had used testnet they would have been able to complete the testing any sooner.
I guess you could be pissed that the difficulty has gone up because of this, so I guess you could make an argument that Avalon "stole" your early ASIC adopter advantage. However I'm not surprised.
ASIC 2.0 anyone?
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more or less retired.
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SolarSilver
Legendary
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Activity: 1112
Merit: 1000
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June 17, 2013, 11:12:04 AM |
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But surely you don't burn in 798 coins?! That's almost US $1million!!
Aren't you off by a factor of 10 in your valuation of BTC? 798 * 101= USD 80k |
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