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jamesc760 (OP)
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November 05, 2013, 07:54:29 PM |
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we just hit 511 million difficulty!!!
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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HellDiverUK
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November 05, 2013, 07:58:14 PM |
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It's f**king depressing.  |
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kendog77
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November 05, 2013, 08:12:18 PM |
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Miners that are waiting for the ASIC hardware bubble to pop rejoice...  There is blood in the street so it's almost time to buy. |
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cassimares
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November 06, 2013, 03:53:14 AM |
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And the worse part is that more ASIC is coming... so this is just like the beginning...
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beegatewood
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November 06, 2013, 05:36:42 AM |
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we just hit 511 million difficulty!!!
MY USB erupter can kiss goodbye.... paying more electricity then what I get..... |
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JimiQ84
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November 06, 2013, 08:59:22 AM |
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we just hit 511 million difficulty!!!
MY USB erupter can kiss goodbye.... paying more electricity then what I get..... what is your electricity rate? $/kWh |
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Sythyn
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November 06, 2013, 10:39:02 AM |
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Another 30% increment... this just don't stop.... time to sell my miners...
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ScaryHash
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November 07, 2013, 02:37:23 AM |
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Just keep hashing ! Be happy !
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Rival
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November 07, 2013, 03:31:28 PM |
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Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.
You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.
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Noruka
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November 08, 2013, 01:15:20 PM |
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Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.
You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.
very true. Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat. Ain't gonna get any better anytime soon. |
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TheDragonSlayer
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November 08, 2013, 02:13:20 PM |
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Since now the price has when up, looks like miners can start making profit again.. hope it will last until the next difficulty hike..
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mvidetto
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November 08, 2013, 08:07:11 PM |
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Is it me or is difficulty starting to slow down?...
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JimiQ84
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November 08, 2013, 08:12:40 PM |
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Is it me or is difficulty starting to slow down?...
only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more) |
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mrhelpful
Legendary
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Activity: 1456
Merit: 1002
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November 08, 2013, 10:52:23 PM |
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No its not slowing down. Theres more products..
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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November 08, 2013, 11:02:40 PM |
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No its not slowing down. Theres more products..
yes there is slowing down, only 3% diff increase estimate so far  |
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mvidetto
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November 09, 2013, 12:07:54 AM |
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Is it me or is difficulty starting to slow down?...
only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more) You think it will be that much? I feel like no one is even considering mining anymore because there are no gains left to be had. But then again if they price it decently it may prove worthy to buy. Speaking of does anyone know when they will be ready to ship them? |
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KGBSlim
Full Member
Offline
Activity: 126
Merit: 100
CoinSlingin
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November 11, 2013, 04:20:01 PM |
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I believe shipping starts Friday!! Im in the last few thousand of the order chain. Crossing my fingers it isnt too late in November.....But I still dont believe Hashfast and Cointerra will even be remotely on time. I Expect end of January before those 2 start pushing out Rigs at the minimun, I could be wrong but by their weak updates that are never time relative, odds are they will be a while.
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Tips - 16AbA3b2GRR37t6RasVJmoxXTGuGUE1PAP
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FeedbackLoop
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November 11, 2013, 04:22:59 PM |
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Is it me or is difficulty starting to slow down?...
only until 15th, then KnC starts space race all over again with their 2nd batch (allegedly 2PH or more) You think it will be that much? I feel like no one is even considering mining anymore because there are no gains left to be had. But then again if they price it decently it may prove worthy to buy. Speaking of does anyone know when they will be ready to ship them? Why is it that so many people assume that KNC will just trash their chips if no one buys the second batch? |
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lightfoot
Legendary
Offline
Activity: 3094
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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November 11, 2013, 04:25:39 PM |
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Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.
You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.
very true. Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat. Ain't gonna get any better anytime soon. I was thinking about this: Everyone goes on about how much richer everyone would be if they had bought bitcoin instead of miners. However if that happened, bitcoin prices would have skyrocked, people would have bought less bitcoin, and as a result not as much money would have been made. Hindsight is great, but as we all realize changes in plan can change the result. Difficulty was never "supposed" to go up like this, so why would bitcoin prices not have gone up the same way? Make sense? C |
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Badonkadonk
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November 16, 2013, 09:32:15 AM |
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Prices of ASICs on ebay are actually increasing. That's what happens when the price of btc moves up 18% in 24 hours.
You don't turn off asics once you buy them. Their profits can be measured in fiat as well as btc.
very true. Alot of the people that bought miners after seeing the "bitcoin bubble" in the spring bought with fiat and they are measuring their profits in fiat. Ain't gonna get any better anytime soon. I was thinking about this: Everyone goes on about how much richer everyone would be if they had bought bitcoin instead of miners. However if that happened, bitcoin prices would have skyrocked, people would have bought less bitcoin, and as a result not as much money would have been made. Hindsight is great, but as we all realize changes in plan can change the result. Difficulty was never "supposed" to go up like this, so why would bitcoin prices not have gone up the same way? Make sense? C +100000000 finally someone that gets it |
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