www.bitcoinza.com - BitFury Asic Units!

[leadnor]

Hey guys,

We are upgrading our servers, so our site will be down but hopefully back up by tomorrow Then getting a new site this weekend. yay

[1714186346]

1714186346

[1714186346]

1714186346

[leadnor]

Nice our servers have been upgraded. just waiting for our new site to go live.

[leadnor]

Just something interesting I came across.
Using the genesis block calculator.
http://mining.thegenesisblock.com/a/a8318be69f

[nightengale]

Very conservative network growth estimate you used; their default estimate would seem more realistic over the next 6 months... A little shady putting this up here.

[klondike_bar]

Very conservative network growth estimate you used; their default estimate would seem more realistic over the next 6 months... A little shady putting this up here.

+1

the default network increase is roughly 50% higher then your 'calculation'

[AussieHash]

The past 8 difficulty changes have been
28.4%, 23.92%, 10.32%, 19.47%, 19.63%, 35.88%, 29.4% (most recent)

see the link from here https://en.bitcoin.it/wiki/Difficulty
https://docs.google.com/spreadsheet/ccc?key=0AmcTCtjBoRWUdHVRMHpqWUJValI1RlZiaEtCT1RrQmc

Each difficulty change is exponential, and occurs every 11 days or so, so almost 3/month

This works out to be approx 105% increase over the last 30 days

If you plug that into the genesis block    

Currently we "only" have a difficulty of 65 million.  With a network of 9PH, the difficulty rises to about 1.5 billion.  If you sum together what the known ASIC suppliers have announced, 9PH will probably be added by early 2014.

[AcidRaZor]

FYI, I used the same link to do my estimations and found anything below 400GH/s won't break even in time or at all. Taking 50 GH/s for example never breaks even or make a profit

[leadnor]

Yep, we are working on that now and also having a chat with bitfury about this Lets see what we can do regarding the price

[Foofighter]

Any updates here?

EDIT: Case design available here:
https://bitcointalk.org/index.php?topic=290328.msg3108756#msg3108756

[MXRider]

Is there anyone from South Africa who is interested in earning some bitcoins or a free Bitfury miner? There is a guy named Neill Roelofse (also known as Clipse) who stole hundreds of bitcoins from me and several other miners in summer 2012. He lives in Cape Town.

Send me a PM if you can help me. I don't want my bitcoins back any more, I want revenge.