jamesg
VIP
Legendary
 Offline
Activity: 1358
Merit: 1000
AKA: gigavps
|
 |
March 16, 2012, 02:50:26 PM |
|
And all the miners with free power and cooling. I'm surprised at how many there seem to be.
Everything's free in mom's basement.  Eventually, most people's momfare checks run out eventually. I really think these singles are game changers for building up mining clusters, curious what other people's thoughts are. It's never as good as it seems and it is never as bad as it seems. |
|
|
|
|
|
|
|
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
Vbs
|
|
March 16, 2012, 03:07:00 PM |
|
It's never as good as it seems and it is never as bad as it seems.
^ Words of wisdom! |
|
|
|
|
|
SysRun
|
|
March 16, 2012, 04:22:32 PM |
|
I really don't think that the GPUs 'flooding' into the market will have an effect on prices. We're only talking about a maximum of ~ 12,000 GH worth of GPUs. Here's something else for yous guys. I'm too lazy to run the numbers. Here's the sales figures to give everyone a sense of scale. http://finance.yahoo.com/news/graphics-add-board-shipments-down-140000024.html |
Images are not allowed. As your member rank increases, you can use more types of styling in your signature, and your signature can be longer. See the stickies in Meta for more info.
Max 2000; characters remaining: 1781
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
March 16, 2012, 04:33:20 PM |
|
It is the marginal demand & supply which drives prices. At one point 5970s were going for $550. Think about that. A brand new 7970 with awseome gaming performance, lower heat, lower noise, and lower power consumption with a full warranty (and eye candy like better tesselation) for $550 or a used 5970 of unknown quality which is hotter, noisier, sucks more juice and has no warranty. Which one do you think a gamer would pick? No gamer was dropping $400, $500, $550 on 5970s. Noob idiot miners were and hopefully they got burned hard. A small change in supply or demand can have a larger change in price. Hopefully we see a small rise in supply and a small fall in demand. Not for me of course I am just looking out for those noob miners. Don't want them getting burned paying too much for obsolete gear.  |
|
|
|
|
stevegee58
Legendary
Offline
Activity: 916
Merit: 1003
|
|
March 16, 2012, 04:38:45 PM |
|
Exactly. That's why I'm waiting to buy a used BRL single for 50% off from some bored early adopter.  |
You are in a maze of twisty little passages, all alike.
|
|
|
jamesg
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
|
|
March 16, 2012, 05:25:29 PM |
|
Added a couple more to the bottom rack. Still nice and cool down there.  |
|
|
|
|
|
SysRun
|
|
March 16, 2012, 05:52:03 PM |
|
Added a couple more to the bottom rack. Still nice and cool down there. If that's not tech porn I don't know what is. |
Images are not allowed. As your member rank increases, you can use more types of styling in your signature, and your signature can be longer. See the stickies in Meta for more info.
Max 2000; characters remaining: 1781
|
|
|
|
jddebug
|
|
March 16, 2012, 06:27:33 PM |
|
Added a couple more to the bottom rack. Still nice and cool down there. Whats the temp down there? Just curious. |
|
|
|
|
Matthew N. Wright
Untrustworthy
Hero Member
Offline
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
|
|
March 16, 2012, 06:41:07 PM |
|
If that's not tech porn I don't know what is.
You shouldn't have asked.  |
|
|
|
stevegee58
Legendary
Offline
Activity: 916
Merit: 1003
|
|
March 16, 2012, 06:42:27 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining?
|
You are in a maze of twisty little passages, all alike.
|
|
|
SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
|
|
March 16, 2012, 06:45:06 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining?
Cracking SHA256-encrypted passwords or data. |
|
|
|
|
DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
|
|
March 16, 2012, 06:46:54 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining?
Cracking SHA256-encrypted passwords or data. You sure about that, it would require a new bitstream. Has BFL provided you details on how to reprogram your device? Care to share? BFL indicated (but hasn't been verified yet) that the JTAG would be useless for even ID the chip being used much less reprogramming the device. |
|
|
|
|
DeepBit
Donator
Hero Member
Offline
Activity: 532
Merit: 501
We have cookies
|
|
March 16, 2012, 06:49:21 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining? May be some kind of MD5 bruteforcing, unlocking Nokia phones :) The tasks that don't require high-speed data IO because there are no IO channels except for the USB. Also since you don't know what exactly chip is used you can't develop a new bitstream/firmware. |
Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks ! Coming soon: ICBIT Trading platform |
|
|
SgtSpike
Legendary
Offline
Activity: 1400
Merit: 1005
|
|
March 16, 2012, 08:00:52 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining?
Cracking SHA256-encrypted passwords or data. You sure about that, it would require a new bitstream. Has BFL provided you details on how to reprogram your device? Care to share? BFL indicated (but hasn't been verified yet) that the JTAG would be useless for even ID the chip being used much less reprogramming the device. No clue. Sorry, I just assumed that it could be programmed to run any SHA256 calculations. Didn't know there were additional restrictions on it beyond that. |
|
|
|
|
P_Shep
Legendary
Offline
Activity: 1795
Merit: 1198
This is not OK.
|
|
March 16, 2012, 08:04:19 PM |
|
I *MAY* have just ordered 2 more.
|
|
|
|
|
jamesg
VIP
Legendary
Offline
Activity: 1358
Merit: 1000
AKA: gigavps
|
|
March 16, 2012, 08:33:27 PM |
|
Whats the temp down there? Just curious.
Depends on the time of day. high 60s during most of the night and mid to upper 70s during the hottest part of the day. |
|
|
|
|
kano
Legendary
Offline
Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
|
|
March 16, 2012, 08:42:56 PM |
|
Are these boxes good for anything useful besides BTC mining? I know the BFL web site says they're for crypto, but what specific applications would a single be good for besides BTC mining?
Cracking SHA256-encrypted passwords or data. You sure about that, it would require a new bitstream. Has BFL provided you details on how to reprogram your device? Care to share? BFL indicated (but hasn't been verified yet) that the JTAG would be useless for even ID the chip being used much less reprogramming the device. No clue. Sorry, I just assumed that it could be programmed to run any SHA256 calculations. Didn't know there were additional restrictions on it beyond that. I thought there was some encryption involved so you specifically CANNOT reprogram them? Thus they are only single use? |
|
|
|
DeepBit
Donator
Hero Member
Offline
Activity: 532
Merit: 501
We have cookies
|
|
March 16, 2012, 08:49:56 PM |
|
I thought there was some encryption involved so you specifically CANNOT reprogram them?
Thus they are only single use? There is a chance that BFL, as the key owner, can make new bitstreams, but not the user. |
Welcome to my bitcoin mining pool: https://deepbit.net ~ 3600 GH/s, Both payment schemes, instant payout, no invalid blocks ! Coming soon: ICBIT Trading platform |
|
|
stevegee58
Legendary
Offline
Activity: 916
Merit: 1003
|
|
March 16, 2012, 08:54:43 PM |
|
I do know there are brute force password crackers that use OpenCL-based GPUs.
I guess that's one thing you give up by going to a specialized device like BFL. It's smaller and uses less power for the same hash rate as compared to a GPU but it can't be used for anything else.
|
You are in a maze of twisty little passages, all alike.
|
|
|
kano
Legendary
Offline
Activity: 4466
Merit: 1800
Linux since 1997 RedHat 4
|
|
March 16, 2012, 08:55:29 PM |
|
I thought there was some encryption involved so you specifically CANNOT reprogram them?
Thus they are only single use? There is a chance that BFL, as the key owner, can make new bitstreams, but not the user. Yes, sorry, that's what I meant. I'm assuming only BFL can supply new bitstreams - so I guess if you wanted a new one you may have to pay them some amount to create it ... |
|
|
|
|
