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snooopy
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January 24, 2014, 01:15:44 PM |
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lol what a waste
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Meuh6879
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January 24, 2014, 02:12:09 PM |
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![Grin](https://bitcointalk.org/Smileys/default/grin.gif) and then, the network adapt the difficulty ... ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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ClassTrader
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January 24, 2014, 09:42:49 PM |
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The amount of coins they could make though...
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jorgebonilla
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January 24, 2014, 11:50:21 PM |
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They are using 55nm asics. Not going to turn a profit. At least not at current BTC/USD prices.
I might be wrong. But i would've gone with newer 28 nm asics.
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jongameson
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January 25, 2014, 12:41:47 AM |
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imagine a wall filled with 55000 bitfury usb sticks. like the entire wall a USB hub. nice ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Gator-hex
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January 25, 2014, 01:41:45 AM Last edit: January 25, 2014, 02:28:56 AM by Gator-hex |
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Somebody found a cool way to offload their 55nm gear then. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Difficulty just went up 20% tonight!
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timk225
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 25, 2014, 04:15:08 AM |
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Who's dumber - the guys who think they will mine lots of BTC with USB Erupters (that's what it looks like in the photo), or the people who gave them all that money? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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mtnminer
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January 25, 2014, 02:27:04 PM |
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The articles does not say they have purchased usb miners with this 5 million dollars, perhaps they contracted Bitfury to build a number od specialty units for this project. Hopefully a group that can raise 5 mil, can hire someone smart enough to do it right! The picture is a stock photo from a conference display. Read before you post about a room full of USB miners!
Mtnminer
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iglasses
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January 25, 2014, 05:22:01 PM |
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Who's dumber - the guys who think they will mine lots of BTC with USB Erupters (that's what it looks like in the photo), or the people who gave them all that money? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) stock photo...I'm sure they didn't build a $5 million dollar block erupter farm.
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I only have a signature because I'm allowed.
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donnysimonton
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January 26, 2014, 02:58:40 AM |
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I've known Merlin for years, I'm sure he knows what he is doing.
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U1TRA_L0RD
Full Member
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CAUTION: Angry Man with Attitude.
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January 26, 2014, 03:59:04 AM |
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Wow, Great way to fuck it up for those who bought KNC Neptunes and Cointerras.
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Undefeatable
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 26, 2014, 02:50:30 PM |
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Here come another difficulty hike of 100%
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grumpy619
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January 26, 2014, 11:22:52 PM |
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I am guessing they did not do their homework. I only spent 2G's and did almost a months worth of work. I was like GD..
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Kapz786
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January 27, 2014, 01:46:41 AM |
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Already rich why bother ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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crazyates
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January 27, 2014, 02:46:31 AM |
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They are using 55nm asics. Not going to turn a profit. At least not at current BTC/USD prices.
I might be wrong. But i would've gone with newer 28 nm asics.
Why would they need to go with a 28nm process, when the BitFury chips are MUCH cheaper to process (giving you higher GHs/USD), and are also amazingly power efficient (even beating out KNC's 28nm). With a $5million purchase, you can bet they weighed ALL their options before they bought anything.
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mocolicious
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January 27, 2014, 04:14:46 AM |
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I hear a loud flushing noise. might as well burn your money.
btc:1GGZFEkUqSqhQSKcySHteuctLUtkCYzpTa
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demonmaestro
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January 27, 2014, 04:21:20 AM |
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and bitcoin is officially out of the general public. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) These big companys doing this is taking away the network security by making it all centuralized. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) . Make the network strong by a shit tone of people hosting miners not just a few big companys...
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BuildTheFuture
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January 27, 2014, 04:36:51 AM |
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I think honestly you shouldn't overreact - they probably are only going to be adding maybe in the ballpark of 1 PH/s to the network? By the time they are online, it will only be between 0.5 and 2% of the overall network considering how much other hash power is being supplied by the various companies in the next several months. By the end of 2014/early 2015 it would probably be at 0.1%. Irrelevant.
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MrScrotes
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January 27, 2014, 06:35:55 AM |
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sweet mother of god
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