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VolanicEruptor
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September 18, 2013, 09:43:44 PM |
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My good friend icebreaker,
Watts/GH are a rough estimate, and won't matter anyway until the network hash rate is 500PH/S. Electricity costs are pointless to talk about at this point in the game, and for many months to come, especially with this high-end technology from eASIC. We have explained this to you numerous times, and this why we choose to ignore you -- NOT because we can't answer it.
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iCEBREAKER
Legendary
 Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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September 18, 2013, 10:22:28 PM |
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My good friend icebreaker,
Watts/GH are a rough estimate, and won't matter anyway until the network hash rate is 500PH/S. Electricity costs are pointless to talk about at this point in the game, and for many months to come, especially with this high-end technology from eASIC. We have explained this to you numerous times, and this why we choose to ignore you -- NOT because we can't answer it.
My illustrious colleague VE, Do you really consider 0.91W/Gh - 2.34W/Gh to be a small variance? Nothing like giving yourself a 257% margin for error to pad the heck out of a self-serving definition of success! ACTM's customers (who don't get free power from the Buttcave's magical ass-reactor) are not going to like seeing negative ROI because they hoped for 1GH/w and only got half that. If ACTM offered a Miner Protection Program it would offset most of that risk, but unlike the competition (HashFast/Cointerra/CryptX) they don't. |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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VolanicEruptor
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September 18, 2013, 10:48:08 PM |
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My good friend icebreaker,
Watts/GH are a rough estimate, and won't matter anyway until the network hash rate is 500PH/S. Electricity costs are pointless to talk about at this point in the game, and for many months to come, especially with this high-end technology from eASIC. We have explained this to you numerous times, and this why we choose to ignore you -- NOT because we can't answer it.
My illustrious colleague VE, Do you really consider 0.91W/Gh - 2.34W/Gh to be a small variance? Nothing like giving yourself a 257% margin for error to pad the heck out of a self-serving definition of success! ACTM's customers (who don't get free power from the Buttcave's magical ass-reactor) are not going to like seeing negative ROI because they hoped for 1GH/w and only got half that. If ACTM offered a Miner Protection Program it would offset most of that risk, but unlike the competition (HashFast/Cointerra/CryptX) they don't. When profit overpowers electricity costs by hundreds of percent, it literally does not matter at least for another year. |
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pheaonix
Sr. Member
Offline
Activity: 392
Merit: 250
http://casinobitco.in/ A+ customer support
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September 18, 2013, 11:08:15 PM |
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really? the price is spikd downwards simply because of a whale or two dumping and minor differences on power estimations on a product that does not physically exist yet?
sounds like its time to buy.
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fran2k
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September 19, 2013, 12:35:49 AM |
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really? the price is spikd downwards simply because of a whale or two dumping and minor differences on power estimations on a product that does not physically exist yet?
sounds like its time to buy.
Yeah, we have like and all time min. at BF. |
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zefyr0s
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September 19, 2013, 02:45:18 AM |
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Doesn't exactly sound like you're disagreeing with him..
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somestranger
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September 19, 2013, 07:12:23 AM |
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My good friend icebreaker,
Watts/GH are a rough estimate, and won't matter anyway until the network hash rate is 500PH/S. Electricity costs are pointless to talk about at this point in the game, and for many months to come, especially with this high-end technology from eASIC. We have explained this to you numerous times, and this why we choose to ignore you -- NOT because we can't answer it.
The numbers are clearly in error. The chips are supposed to put out 16GH/s at ~1W/GH or less. Ken should fix this immediately, and hopefully we have a PR person soon to get the word out. |
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EskimoBob
Legendary
Offline
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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September 19, 2013, 05:26:04 PM |
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My good friend icebreaker,
Watts/GH are a rough estimate, and won't matter anyway until the network hash rate is 500PH/S. Electricity costs are pointless to talk about at this point in the game, and for many months to come, especially with this high-end technology from eASIC. We have explained this to you numerous times, and this why we choose to ignore you -- NOT because we can't answer it.
The numbers are clearly in error. The chips are supposed to put out 16GH/s at ~1W/GH or less. Ken should fix this immediately, and hopefully we have a PR person soon to get the word out. Ken is updating the numbers according to information they have. Not sure when, but web site will be updated accordingly. |
While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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September 19, 2013, 06:13:20 PM |
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Any guesses on how low this is gonna go?
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fran2k
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September 20, 2013, 12:03:33 PM |
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Jojo, máx bid at bitfunder 0.0008.
This is going nuts xD.
Now I'm buying.
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crumbs
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September 20, 2013, 12:21:36 PM |
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Jojo, máx bid at bitfunder 0.0008.
This is going nuts xD.
Now I'm buying.
Lol, BTCT: --Live action News Update-- 12:40 (B) 10 @ 0.00149600 ACTIVEMINING --Live Action News Update-- |
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runam0k
Legendary
Offline
Activity: 1092
Merit: 1001
Touchdown
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September 20, 2013, 12:23:17 PM
Last edit: September 20, 2013, 12:37:49 PM by runam0k |
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Is BitFunder down for anyone else?
Edit: trying to access from the UK - error 521 (web server is down)
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crumbs
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September 20, 2013, 12:25:44 PM |
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Is BitFunder down for anyone else?
Up for me -- eastcoast US |
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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September 20, 2013, 01:05:44 PM |
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Is BitFunder down for anyone else?
Edit: trying to access from the UK - error 521 (web server is down)
Works fine here. WTF happened while I was asleep? Labcoin and ActMining worth peanuts now!!! |
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drawingthesun
Legendary
Offline
Activity: 1176
Merit: 1015
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September 20, 2013, 01:09:14 PM |
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I think I am going to start exiting this position. I can see this hitting close to 0 and I really need to salvage what's left. Anyone think thats a bad idea?
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crumbs
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September 20, 2013, 01:21:08 PM |
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Is BitFunder down for anyone else?
Edit: trying to access from the UK - error 521 (web server is down)
Works fine here. WTF happened while I was asleep? Labcoin and ActMining worth peanuts now!!! You hit the ignore button too often? |
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Ytterbium
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September 20, 2013, 01:23:05 PM |
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I think I am going to start exiting this position. I can see this hitting close to 0 and I really need to salvage what's left. Anyone think thats a bad idea?
Nope. No reason to hold this stock until November. |
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runam0k
Legendary
Offline
Activity: 1092
Merit: 1001
Touchdown
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September 20, 2013, 01:23:14 PM |
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Depends how much you need the coins. Yes, someone is dumping, but I don't see an obvious reason why. As to the general price decline over the last week or two, I put it down to (a) bored traders, with no real ActM news expected for a while, (b) day traders stepping away, perhaps burned by their Labcoin experiences and (c) people removing funds in anticipation of the Neo Bee IPO.
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pedrog
Legendary
Offline
Activity: 2786
Merit: 1031
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September 20, 2013, 01:27:12 PM |
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Depends how much you need the coins. Yes, someone is dumping, but I don't see an obvious reason why. As to the general price decline over the last week or two, I put it down to (a) bored traders, with no real ActM news expected for a while, (b) day traders stepping away, perhaps burned by their Labcoin experiences and (c) people removing funds in anticipation of the Neo Bee IPO.
Yap, that's a good possibility! |
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fran2k
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September 20, 2013, 01:29:16 PM
Last edit: September 20, 2013, 01:58:56 PM by fran2k |
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Jojo, máx bid at bitfunder 0.0008.
This is going nuts xD.
Now I'm buying.
Lol, BTCT: --Live action News Update-- 12:40 (B) 10 @ 0.00149600 ACTIVEMINING --Live Action News Update-- Jajjaja. Low at 0.0005 BTC. May be now! Oh wait! Low at 0.00035 BTC. Jajaja I will place a bid at ... 0.0001  I think I am going to start exiting this position. I can see this hitting close to 0 and I really need to salvage what's left. Anyone think thats a bad idea?
Jajja, the price is almost nothing now. Panic sell at 0.00000001 xD Not best time for exiting, this shit is not going lower than now, at least on BF. |
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