creativex
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February 24, 2013, 11:29:26 PM |
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Hey it's the weekend! Let's sell our coins for less than their worth! Umm...no thanks.
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giszmo
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WalletScrutiny.com
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February 24, 2013, 11:34:55 PM |
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I see you guys use google trends with different searchwords. I have a look there too, from time to time. However, all combined searchterms are an order of magnitude lower than simply "bitcoin": So, don't get too excited when some obscure searchterm has a huge climb, check back with "bitcoin" too ;-) Ente I searched for "bitcoins kaufen" and "acheter bitcoins" to find out trends in other regions than USA and would appreciate trends in Arab and Chinese.
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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Zomdifros
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February 25, 2013, 12:41:34 AM |
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This looks promising.
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giszmo
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WalletScrutiny.com
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February 25, 2013, 12:55:38 AM |
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It's interesting to see how precious metals don't expose any relevant up trend in google trends. Bitcoin has swings like crazy and they are steady: gold coins vs. bitcoin vs. silver coins
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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giszmo
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WalletScrutiny.com
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February 25, 2013, 01:04:04 AM |
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I'm very very confused because of the hash rate. So I read that the first asic miners mine at 4TH/s and they and others are deploying more any minute and the exchange rate at record height making it now pay off better than when we cut the reward down to 25Ƀ and still the hash rate is decreasing? What is going on?? Shouldn't people heat up their GPUs one last time until hash rate grows faster than the exchange rate??? I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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Zomdifros
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February 25, 2013, 01:17:29 AM |
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The miners operating margin took a hit after the block reward cut, perhaps some decided to call it a day. And who knows whats going on with the Asic's?
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Logik
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February 25, 2013, 01:58:02 AM |
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I'm very very confused [...]
I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
Perhaps it's because of the ASIC delays plus GPU miners trying to get the most out of liquidating their gear. I'm pulling this out of thin air, but if you were a GPU miner and decided to exit GPU mining, your primary concern would be selling the gear before the market for the gear was flooded by everyone else. Therefore, perhaps the dip is from all the GPU miners exiting based on when they thought ASIC mining was about to take off. ASIC's were supposed to come online by now but there have been many delays.
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giszmo
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WalletScrutiny.com
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February 25, 2013, 02:00:38 AM |
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The miners operating margin took a hit after the block reward cut, perhaps some decided to call it a day. And who knows whats going on with the Asic's? I love blockchain.info's charts and Piuk just drew me a new one today but this particular chart I don't like at all as it makes too many assumptions. What is your mining eficiency (MH/J)? What is your electricity cost ($/J)? Do you heat with electricity anyway?
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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oakpacific
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February 25, 2013, 03:05:30 AM |
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(31.3+28)/2=29.65, about where we are.
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molecular
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February 25, 2013, 05:29:27 AM |
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I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging.
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PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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Liquid
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February 25, 2013, 11:47:54 AM |
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Bitcoin will show the world what hard money really is.
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ElectricMucus
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Marketing manager - GO MP
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February 25, 2013, 11:49:09 AM |
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Finally some liquidity.
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giszmo
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Activity: 1862
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WalletScrutiny.com
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February 25, 2013, 12:18:47 PM |
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I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging. Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months.
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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kokojie
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February 25, 2013, 02:46:49 PM |
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I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging. Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months. That's definitely not normal, what brand was your GPU? and were they overclocked?
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btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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giszmo
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WalletScrutiny.com
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February 25, 2013, 03:34:13 PM |
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I mean the Ƀ was around $12 on november 28th. Now we are at more than twice the price and far from twice the difficulty. What is wrong?
The days of GPU mining are numbered: noone invests in new GPU rigs currently and the ASIC delivery is lagging. Ah ok, so it is the dying rate of GPUs. That makes sense. At least that was my experience with 4 out of 8 GPUs dying in 5 months. That's definitely not normal, what brand was your GPU? and were they overclocked? Not sure if anybody cares about this thread derailing from an original wall-observer-only-posts-with-pics now general bears-and-bulls-cheering-about-every-movement thread?!? I had 6850s. We sent two back once and got them replaced. That's where we decided overclock them less and two more died later. Maybe they were already damaged while overclocking.
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ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology) WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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420
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February 25, 2013, 08:09:09 PM |
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yup; you've caused everyone to become disinterested in this thread with your GPU talk
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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humanitee
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February 25, 2013, 08:31:32 PM |
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yup; you've caused everyone to become disinterested in this thread with your GPU talk
Seriously, why'd you have to ruin a perfectly good thread giszmo!? WHY!? ITT we berate giszmo for the next 40 pages. GPU mining , what a loser.
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| Whitepaper Medium Reddit
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phatsphere
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February 25, 2013, 09:22:33 PM |
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desperate move to steer this thread back on track:
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420
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February 25, 2013, 09:24:10 PM |
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we're looking pretty steady and low volume today...
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Donations: 1JVhKjUKSjBd7fPXQJsBs5P3Yphk38AqPr - TIPS the hacks, the hacks, secure your bits!
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keewee
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Merit: 1000
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February 25, 2013, 09:34:39 PM |
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Calm before the storm I suspect
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1keewee2vRp63UWvPBynT55ZYw6SUCKDB
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