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MZD
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March 31, 2014, 10:06:44 PM |
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There isn't enough fiat to support the endless flow of new coins, none of which really give you anything new as a consumer. Most just appeal to miners, and that isn't going to be enough to make them successful. If you look at coinmarketcap.com it's pretty clear how rapidly the capital distribution thins out after the top five coins. Actually, the fall-off from coin to coin the top five is really dramatic, and then it slows as the capital spreads out amongst the rest...but all of them added up don't even equal Litecoin's cumulative market value.
Realistically, large hashrate ASICs will squash the weaker/smaller alts, unless they fork into different algorithms or become merge-mined. Large-scale ASIC miners targeting weak coins will 51% them easily, forking their blockchains...or they'll dump so much of their mined coin on the market that there won't be enough liquidity to absorb it, crashing the value to 1 satoshi or forcing them to trade in a Litecoin pair, because 1 satoshi isn't low enough.
The landscape is about to change radically in the second half of 2014.
As the old saying goes, "buy when there's blood in the streets, even if it's your own". |
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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March 31, 2014, 11:18:38 PM |
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can you please stop the OFFTOPIC ?
this is LIGHTNINGASIC topic !
thank you
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sandor111
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April 01, 2014, 02:59:53 PM |
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its time to release firmware!
+1 +2 waiting in full exitement  +3 we were promised firmware a long time ago - lets see some action +4 Please deliver the firmware already  Release will be tomorrow if everything goes as planned. |
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Kapz786
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April 01, 2014, 03:06:39 PM |
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its time to release firmware!
+1 +2 waiting in full exitement +3 we were promised firmware a long time ago - lets see some action +4 Please deliver the firmware already Release will be tomorrow if everything goes as planned. *Fingers crossed* looking forward to it |
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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April 01, 2014, 04:27:07 PM |
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its time to release firmware!
+1 +2 waiting in full exitement +3 we were promised firmware a long time ago - lets see some action +4 Please deliver the firmware already Release will be tomorrow if everything goes as planned. Really good news ! |
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OgNasty
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Merit: 4387
Leading Crypto Sports Betting & Casino Platform
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April 01, 2014, 08:08:16 PM |
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its time to release firmware!
+1 +2 waiting in full exitement +3 we were promised firmware a long time ago - lets see some action +4 Please deliver the firmware already Release will be tomorrow if everything goes as planned. April Fools! Just kidding... I'm really looking forward to this. With the price on these units dropping twice as fast as they're able to mine, I would love to see some stability and increased performance. |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
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▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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April 01, 2014, 09:12:15 PM |
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now its tomorrow here ^^
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rammy2k2
Legendary
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Activity: 1974
Merit: 1003
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April 02, 2014, 09:26:24 AM |
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any news with firmware ?
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kriptomaster
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April 02, 2014, 02:55:09 PM |
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Who has the new firmware for the controller TPLINK 703N?
Ready to pay LTC
Write a personal message
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rausvi15
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April 02, 2014, 03:04:12 PM |
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where can i get this
LIGHTNINGASIC
in EU... for best price of course... i think 1pc should cost max. 130EUR ...
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incognitoworker
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April 02, 2014, 04:06:39 PM |
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And where is the news??
Frustrating that a date is given, but not acknowledged after.
Well, we shall see how this asics war goes with all theese other competitors!
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Xell
Member
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Activity: 109
Merit: 10
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April 02, 2014, 04:20:35 PM |
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And where is the news??
Frustrating that a date is given, but not acknowledged after.
Well, we shall see how this asics war goes with all theese other competitors!
These guys are not looking for new customers... They have sold all they will sell. The next gen of ASICs are ten times better than these and at similar prices. They have no incentive to develop new software, of course. Even AsiaBTC has been posting negative comments regarding PBoC and China's influence on bitcoin value. If anyone ordered today, they would never recoup the cost of these. Maybe the guys who were in the first batch will see a small return, but this isn't the case anymore and hence why would these guys make software for dead hardware a priority? They may as well make crappy ASICs for N=10 factor and make a few more £ |
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MZD
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April 02, 2014, 04:44:50 PM |
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v3 Firmware is already done though. No reason to not release it. And they are a business, of course they are interested in selling more miners. lol.
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Ruben383
Newbie
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Activity: 49
Merit: 0
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April 02, 2014, 05:27:40 PM |
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v3 Firmware is already done though. No reason to not release it. And they are a business, of course they are interested in selling more miners. lol.
+1, I would imagine that things did not go as planned. There are images of the updated firmware in use so it should be released shortly. |
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Ruben383
Newbie
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Activity: 49
Merit: 0
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April 02, 2014, 05:29:20 PM |
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And where is the news??
Frustrating that a date is given, but not acknowledged after.
Well, we shall see how this asics war goes with all theese other competitors!
+1 |
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Xell
Member
Offline
Activity: 109
Merit: 10
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April 02, 2014, 05:45:49 PM |
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v3 Firmware is already done though. No reason to not release it. And they are a business, of course they are interested in selling more miners. lol.
+1, I would imagine that things did not go as planned. There are images of the updated firmware in use so it should be released shortly. The same kind of images as the 'secret screenshot' that lured people in on a false pretense of higher-than-achievable hashrate? Come on guys. Face facts. AsiaBTC is publicly posting to short bitcoin at the moment. He is not interested in the people who have already paid him. When (if) this new firmware materialises, we will see how much extra hash it gives. maybe 2% maybe a little more or a little less. There is a reason he has outsourced this project to another forum member. Who do you think would be more capable of developing firmware? Those who helped develop the hardware and the original custom controller or someone else? |
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FreeJack2k2
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April 02, 2014, 06:44:50 PM |
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So if my controller page says "Admin (v1.0) am I to assume that 1.0 is the version of the firmware? |
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Ruben383
Newbie
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Activity: 49
Merit: 0
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April 02, 2014, 07:19:31 PM |
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So if my controller page says "Admin (v1.0) am I to assume that 1.0 is the version of the firmware? yes |
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Ruben383
Newbie
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Activity: 49
Merit: 0
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April 02, 2014, 08:30:29 PM |
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Has anyone been able to upgrade successfully yet?
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