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Author Topic: Told ya so.  (Read 1843 times)
Vladimir (OP)
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September 15, 2013, 11:00:45 PM
Last edit: November 20, 2013, 02:17:11 PM by Vladimir
 #1

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goxed
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September 15, 2013, 11:53:58 PM
 #2

+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

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notme
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September 16, 2013, 02:11:00 AM
 #3

+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.

https://www.bitcoin.org/bitcoin.pdf
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Rannasha
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September 16, 2013, 05:13:27 AM
 #4

+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.

Bitfountain is the company that operates the ASICMiner brand.
smoothie
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September 16, 2013, 09:30:37 AM
 #5

+1,
It would help if we have more ASIC diversity. Right now there are only 4 available chips, and shipping speed's not upto the mark.
a) Bitfury
b) BFL
c) Avalon
d) Bitfountain

You're forgetting ASICMiner, which has reasonable ship times.

Bitfountain is the company that operates the ASICMiner brand.

I did not know that. Also I haven't verified that claim either.

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johnyj
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September 17, 2013, 11:37:21 AM
 #6

The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  Grin

MAbtc
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September 17, 2013, 04:47:32 PM
 #7

The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  Grin

Yep  Grin
smoothie
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September 18, 2013, 03:15:28 PM
 #8

The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  Grin

Exponential growth is an accelerating curve so yes I agree. But linear growth of hashrate will likely continue on a constant average slope I believe with newer and refined technologies.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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notme
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September 18, 2013, 03:49:06 PM
 #9

The exponential growth of hash rate can not go on forever, we will see some storm after many ASIC devices become reserve hash power due to they cost more in electricity than mined coins

I'll check this prediction in 3 months  Grin

Exponential growth is an accelerating curve so yes I agree. But linear growth of hashrate will likely continue on a constant average slope I believe with newer and refined technologies.

Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
nobbynobbynoob
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September 18, 2013, 03:57:50 PM
 #10

Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.

I doubt there will ever be a 90+% drop again, unless it's a 100% drop. But you never know...

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notme
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September 18, 2013, 07:29:56 PM
 #11

Assuming steady price, yes.  However, next time we have a 2011 style capitulation, we will likely see difficulty take a dip.

I doubt there will ever be a 90+% drop again, unless it's a 100% drop. But you never know...

It's more about a longer term downtrend than the percentage drop since difficulty adjusts to price very slowly.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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