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Darkhand
Newbie
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Activity: 26
Merit: 0
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October 18, 2013, 11:13:31 PM Last edit: October 18, 2013, 11:27:55 PM by Darkhand |
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Mine until unprofitable then resell for an ebay premium?
I'll hold onto mine in case there's a difficulty crash, but it's always an option that you can work into your roi.
Has a difficulty drop ever happened? I'd figure unless they decide to make more bitcoins available that it would be the only way to make a difficulty change. Difficulty went down a little bit at the beginning of 2013, it scales up and down with available hashing power. Hard to believe it could ever go down again but who knows. Increase the difficulty too sharply and people will start to exit the mining game, which will lower the difficulty and bring people right back in. It's a self-regulating system. EDIT: Just brainstorming, but could someone with a sizable percentage of the network's hash power manage to game the difficulty system? Power up enough hashing power to total, say, 25% of the network, mine until difficulty is too high, shut down, wait for a drop, repeat? Unless it's more profitable to run that 25% all the time vs playing with the difficulty number.
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techman05
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October 18, 2013, 11:31:32 PM |
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I hope that means the coins profits I'm not making while I wait for bitfury could be made up by other not furthering thier mining equipment waiting as well. I'm joking with the thought of buying a few more eroupter while I wait but I really don't want to seeing as I'm hoping I can find alternative uses for them before the end of the year.
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terrapinflyer
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October 18, 2013, 11:34:02 PM |
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Hows the firmware going barntech?
Firmware is still happening. We have all hands on deck for this. Its the last hurdle before we go to production. Well, that and actually getting the chips, which really should happen this week, as should the firmware. The guys are feeling confident that it will be ready really soon. From there we are all set to go into production Any update on chips being delivered?
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techman05
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October 18, 2013, 11:48:41 PM |
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Just make sure you bank some of those bitcoins to pay people. They've gone up alot in the last 2 weeks at least in U.S.D.
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erk
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October 18, 2013, 11:51:23 PM |
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Hows the firmware going barntech?
Firmware is still happening. We have all hands on deck for this. Its the last hurdle before we go to production. Well, that and actually getting the chips, which really should happen this week, as should the firmware. The guys are feeling confident that it will be ready really soon. From there we are all set to go into production Any update on chips being delivered? The chips haven't been shipped therefore they haven't been delivered. The supplier wont commit to an exact date.
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bobsag3
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October 19, 2013, 12:30:04 AM |
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Hows the firmware going barntech?
Firmware is still happening. We have all hands on deck for this. Its the last hurdle before we go to production. Well, that and actually getting the chips, which really should happen this week, as should the firmware. The guys are feeling confident that it will be ready really soon. From there we are all set to go into production Any update on chips being delivered? The chips haven't been shipped therefore they haven't been delivered. The supplier wont commit to an exact date. What are you talking about? I can confirm the chips for atleast one batch have arrived at the assembler, and the other is enroute.
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erk
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October 19, 2013, 01:05:49 AM |
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Hows the firmware going barntech?
Firmware is still happening. We have all hands on deck for this. Its the last hurdle before we go to production. Well, that and actually getting the chips, which really should happen this week, as should the firmware. The guys are feeling confident that it will be ready really soon. From there we are all set to go into production Any update on chips being delivered? The chips haven't been shipped therefore they haven't been delivered. The supplier wont commit to an exact date. What are you talking about? I can confirm the chips for atleast one batch have arrived at the assembler, and the other is enroute. Where has that been mentioned previously?
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bobsag3
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October 19, 2013, 01:13:48 AM |
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Hows the firmware going barntech?
Firmware is still happening. We have all hands on deck for this. Its the last hurdle before we go to production. Well, that and actually getting the chips, which really should happen this week, as should the firmware. The guys are feeling confident that it will be ready really soon. From there we are all set to go into production Any update on chips being delivered? The chips haven't been shipped therefore they haven't been delivered. The supplier wont commit to an exact date. What are you talking about? I can confirm the chips for atleast one batch have arrived at the assembler, and the other is enroute. Where has that been mentioned previously? No where, but thats because of time zones. Shiny pictures of the batch 2 reel can be found on my FS thread.
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thegoldbug
Member
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Activity: 90
Merit: 10
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October 19, 2013, 03:10:51 AM |
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That's great news to hear.
Does this mean that the required power supply is the 5V version and not the 12V?
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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October 19, 2013, 07:43:09 AM |
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That's great news to hear.
Does this mean that the required power supply is the 5V version and not the 12V?
I hope not. It sounded like it isn't a difficult change to make. Hopefully we hear about that soon so we can order some PS's.
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Goldshredder
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October 19, 2013, 08:05:07 AM |
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No fussing! No changes involving any time delays! I just want working reliable boards asap. That's the main thing. Auxiliary stuff can be dealt with as is. Cool to hear some chip progress.
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Zeek_W
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October 19, 2013, 08:30:55 AM |
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^ True.
I don't really see what everyone is fussing over when it comes to PSUs.
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terrapinflyer
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October 19, 2013, 08:41:53 AM |
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No fussing! No changes involving any time delays! I just want working reliable boards asap. That's the main thing. Auxiliary stuff can be dealt with as is. Cool to hear some chip progress. What chip progress? Do you know something we all dont? Besides that pic of a closed box I have not seen anything to confirm delivery of chips for this build. ^ True.
I don't really see what everyone is fussing over when it comes to PSUs.
+1 I was under the impression that the PSU topic had been discussed at great length already.
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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October 19, 2013, 09:38:44 AM |
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Guys - Changing the voltage is not a big deal. If it was, Barntech would have said so. He didn't, he got our input. To go with the 12volts is such a better decision on so many levels. You should research it and then you would see. Look at the thread in our other forum - http://drillbitsystem.com/forum/index.php?topic=2.45 I did my research and got feedback from miners who are VERY experienced with PS's. 12V miners is the way to go, but not the end of the world if we go with a 5v miner. If we go with 5V I will be content, but it will cost each of us more money and give us fewer choices of PS's. IAS
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Zeek_W
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October 19, 2013, 09:51:38 AM |
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What I was meaning in a round about way is: We (I) just want updates on the boards. The PSU debate has rolled on enough. Everytime I see a new post in this thread I eagerly anticipate updates, but it's just PSU talk
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erk
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October 19, 2013, 10:04:43 AM |
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What I was meaning in a round about way is: We (I) just want updates on the boards. The PSU debate has rolled on enough. Everytime I see a new post in this thread I eagerly anticipate updates, but it's just PSU talk Same, the lack of basic progress information is frustrating, I am not interested in PSU or case talk, I will sort those issues out once I have a board to use.
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DobZombie
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October 19, 2013, 01:48:29 PM |
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Can anyone tell me the difference between the green and black text in the batch one list of orders?
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Tip Me if believe BTC1 will hit $1 Million by 2030 1DobZomBiE2gngvy6zDFKY5b76yvDbqRra
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ryanb
Legendary
Offline
Activity: 1148
Merit: 1000
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October 19, 2013, 01:50:27 PM |
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Can anyone tell me the difference between the green and black text in the batch one list of orders?
Green means that the buyer paid for the board and shipping all in full black means payments are not fully paid
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the_beast
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October 19, 2013, 02:15:42 PM Last edit: October 19, 2013, 02:26:04 PM by the_beast |
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Guys - Changing the voltage is not a big deal. If it was, Barntech would have said so. He didn't, he got our input. To go with the 12volts is such a better decision on so many levels. You should research it and then you would see. Look at the thread in our other forum - http://drillbitsystem.com/forum/index.php?topic=2.45 I did my research and got feedback from miners who are VERY experienced with PS's. 12V miners is the way to go, but not the end of the world if we go with a 5v miner. If we go with 5V I will be content, but it will cost each of us more money and give us fewer choices of PS's. IAS Yes, I ordered a lot of Drilltbit to save from scale effect. I though it was 12V. Actually this is 5V, OK took in account, I ordered and received all the stuff I need to make run my Drillbits. Still I have just a few days left to have my money back, in the case this is 12V. Barntech, if you don't tell us very soon what the voltage will be, I would have spend a lot of money for nothing. I just complain about we ask question about characteristics, specifications or details about the product. Then we got answers, then we say "OK but this is not what we have expected, this is not an optimized choice but whatever, we'll handle that". We order stuff to be able to run at delivery. And then Barntech, you're telling that you could still change things. So at the end we're not sure about the product capabilities. So our ordered stuff couldn't fit. Also we have to change plan if the delivered is not as planned. Barntech and your team, you did (and do) a great job about this project. But please be clear with product details and specifications. So we're able to "welcome" Drillbit in our home the best we can. Most of us want our boards ASAP and make them run just after delivery. So last minute change or unclear specifications are not helping us. (Sorry ZeekW, just wanna talk about PSU and more generally about lack of details, I also wait for [clear] updates )
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