sublime5447
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 Offline
Activity: 966
Merit: 1000
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August 19, 2013, 11:31:12 PM |
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What i dont get is why none of you guys have a problem with a 600 gh device. If they do manage to produce a blade with that amount of computing power seems like it would be easy to gain control of the network. I dont like all that processing power in one place.
I am just a lowly trader around here and dont have much interest in the tech side of things (thought I do have 15 gpus mining LTC.) , but shit seems way to centralized for my liking.
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erk
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August 19, 2013, 11:32:20 PM |
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What i dont get is why none of you guys have a problem with a 600 gh device. If they do manage to produce a blade with that amount of computing power seems like it would be easy to gain control of the network. I dont like all that processing power in one place.
I am just a lowly trader around here and dont have much interest in the tech side of things (thought I do have 15 gpus mining LTC.) , but shit seems way to centralized for my liking.
600GH/s is not much, you are out of touch with the growth rate that's all. |
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nexus99 (OP)
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Activity: 910
Merit: 1000
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August 19, 2013, 11:34:07 PM |
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600 GH/S will be the entry level amount of processing power serious miners have in a year or so. I don't fear someone having too much hash power... but I do fear that most people wont be able to have enough. BTC is about to exit being a hobby.
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Cablez
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Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
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August 19, 2013, 11:39:56 PM |
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I like how they won't let you upgrade to Monarchs with a negative balance a.k.a. refund. Only positive balances allowed a.k.a. pay us. There is no money leaving that black hole.  |
Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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xzempt
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August 19, 2013, 11:42:15 PM |
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Why do we have 3 threads going on about this at once.... One is plenty
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Xian01
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Activity: 1652
Merit: 1067
Christian Antkow
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August 19, 2013, 11:47:14 PM |
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I'm half surprised int03h hasn't appeared in this thread yet to run interference for all the negative community reception to Butterfly Labs' latest endeavor.
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Flying Hellfish
Legendary
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Activity: 1764
Merit: 1750
Verified Bernie Bro - Feel The Bern!
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August 19, 2013, 11:48:32 PM |
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I'm half surprised Josh as int03h hasn't appeared in this thread yet to run interference for all the negative community reception to Butterfly Labs' latest endeavor.
FTFY |
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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August 19, 2013, 11:48:50 PM |
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Why do we have 3 threads going on about this at once.... One is plenty
Obviously, no it ain't, for from my calculations, 780+ orders have been placed since the beginning of Monarch's announcement. Unless a high percentage of those orders are from people, like myself, that didn't follow through with the purchase to simply obtain order numbers, I say BFL did okay for themselves over the weekend. Bravo, you cocksuckers! Bravo! |
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millsdmb
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August 19, 2013, 11:49:53 PM |
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Why do we have 3 threads going on about this at once.... One is plenty
Obviously, no it ain't, for from my calculations, 780+ orders have been placed since the beginning of Monarch's announcement. Unless a high percentage of those orders are from people, like myself, that didn't follow through with the purchase to simply obtain order numbers, I say BFL did okay for themselves over the weekend. Bravo, you cocksuckers! Bravo! Plus EclipseMC revenues |
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nexus99 (OP)
Legendary
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Activity: 910
Merit: 1000
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August 19, 2013, 11:50:04 PM |
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Why do we have 3 threads going on about this at once.... One is plenty
Obviously, no it ain't, for from my calculations, 780+ orders have been placed since the beginning of Monarch's announcement. Unless a high percentage of those orders are from people, like myself, that didn't follow through with the purchase to simply obtain order numbers, I say BFL did okay for themselves over the weekend. Bravo, you cocksuckers! Bravo! Hello additional 468 TH/S. |
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millsdmb
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August 19, 2013, 11:50:56 PM |
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Hello additional 468 TH/S.
I thought bfl measured in gigglehashes |
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nexus99 (OP)
Legendary
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Activity: 910
Merit: 1000
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August 19, 2013, 11:51:11 PM |
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My 10 PH/S prediction for the middle of next year might come up short now... Lets call it 20 PH/S in the next 12 months.
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Starlightbreaker
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Activity: 1764
Merit: 1006
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August 19, 2013, 11:56:46 PM |
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erk
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August 19, 2013, 11:57:47 PM |
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The only people I know that have placed orders for a Monarch so far, are the ones that intend to sell their place in the queue for a profit. I guess that's better ROI than actually mining. Sounds like cryptobounty!
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millsdmb
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August 20, 2013, 12:00:02 AM |
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The only people I know that have placed orders for a Monarch so far, are the ones that intend to sell their place in the queue for a profit. I guess that's better ROI than actually mining. Sounds like cryptobounty!
thats a huge risk to take if you go sell your pre order on eBay, as far as a potential chargeback or negative feedback is concerned. As a seller you still have to hope like hell they deliver product, its like you have to provide the excuses to your customer instead of BFL doing it as they should. |
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Phinnaeus Gage
Legendary
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Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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August 20, 2013, 12:05:24 AM |
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The only people I know that have placed orders for a Monarch so far, are the ones that intend to sell their place in the queue for a profit. I guess that's better ROI than actually mining. Sounds like cryptobounty!
I have a feeling that that's exactly what some of the investors of BFL did over the weekend. I'm willing to bet that they didn't even have to pony up one satoshi to get their slimy hands on a few order numbers. They'll even be the first to offer up the queue positions for sale. This place is starting to look like e-Gold or one of those HYIP sites. This is so mother fuckin' nuts! You guys can't believe how fuckin' pisssed I am right now because I'm opting to not increase the font size. Madness! Utter Madness! |
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Phinnaeus Gage
Legendary
Offline
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
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August 20, 2013, 12:06:34 AM |
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The only people I know that have placed orders for a Monarch so far, are the ones that intend to sell their place in the queue for a profit. I guess that's better ROI than actually mining. Sounds like cryptobounty!
thats a huge risk to take if you go sell your pre order on eBay, as far as a potential chargeback or negative feedback is concerned. As a seller you still have to hope like hell they deliver product, its like you have to provide the excuses to your customer instead of BFL doing it as they should. The queue positions are not sold on eBay. They are sold right here on this forum. See what I'm getting at? |
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superduh
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August 20, 2013, 12:10:52 AM |
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Why do we have 3 threads going on about this at once.... One is plenty
Obviously, no it ain't, for from my calculations, 780+ orders have been placed since the beginning of Monarch's announcement. Unless a high percentage of those orders are from people, like myself, that didn't follow through with the purchase to simply obtain order numbers, I say BFL did okay for themselves over the weekend. Bravo, you cocksuckers! Bravo! no way there are that many idiots still around |
ok
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nexus99 (OP)
Legendary
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Activity: 910
Merit: 1000
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August 20, 2013, 12:39:22 AM |
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All the thousands of folks currently mining with BFL have a different viewpoint.
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millsdmb
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August 20, 2013, 12:40:01 AM |
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All the thousands of folks currently mining with BFL have a different viewpoint.
50% of them are press folks who got their BFL for free |
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