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velacreations
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July 06, 2013, 01:14:39 PM |
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don't you love it when the info on an infographic is wrong?
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aahzmundus
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July 06, 2013, 01:33:10 PM |
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don't you love it when the info on an infographic is wrong?
In their defense, its not wrong, its outdated. With how fast things change... this may be bad advertising. |
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nubbins
Legendary
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Activity: 1554
Merit: 1009
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July 06, 2013, 02:13:12 PM |
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Either way, I imagine the price of 1btc each, even with the recent USD/BTC events, is far above cost. We can afford to drop the price more, and sell more... at a profit.
Marginal costs are something like $0.8 per chip. Obviously there are other costs involved, but you're correct in that the price can be dropped massively. So ASIC can be quiet cheap when you compare them per individual chip price, but it's a big start up cost for the designer. FPGA's are more expensive individually, but you can do more with them, and on a small scale the cost is easier to pass on without hurting their accounts.
Thanks. Yes, basically the more ASICs are produced, the lower the cost per chip becomes. I'd estimate the Block Erupter chips (just the chip) will only be $5-15 a piece ...
In fact, the margin cost per chip is less than $0.8 a piece, that is hopefully $0.8 per GH/s. Of course, if we consider the cost of heat sinks, fans, PCBs, power supplies, and the disperse of the initial NRE cost into each GH/s, it will be significantly higher, but still within a single digit dollars per GH/s. As it stands now, at the very least it looks like that will be roughly 10MHs:1$ ...
If only considering the whole production cost, it is easy to achieve more than 100MH/s : 1$. The actual market price is another story of course. |
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DiabloD3
Legendary
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Activity: 1162
Merit: 1000
DiabloMiner author
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July 06, 2013, 03:24:13 PM |
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good evening, Mickey Mouse chips from China I hope you guys realize the blockchain difficulty is rapidly increasing and this is at best a novelty item..Ira Depends how many you have. good morning sir, Alot of this is new to me. I've been mining bitcoins the past year using the university computer, what we use here is many times more powerful than anything available to the public. This forum is full of misunderstandings..Ira Best troll Ive seen in this thread for awhile. |
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binaryFate
Legendary
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Activity: 1512
Merit: 1012
Still wild and free
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July 06, 2013, 03:28:57 PM |
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Ignore list in one single post, well done.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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Lohoris
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July 06, 2013, 03:50:55 PM |
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good morning sir, Alot of this is new to me. I've been mining bitcoins the past year using the university computer, what we use here is many times more powerful than anything available to the public. This forum is full of misunderstandings..Ira
Best troll Ive seen in this thread for awhile. mmmmh http://www.linkedin.com/in/irafuchshttps://en.wikipedia.org/wiki/Ira_FuchsWonder if this is a case of stolen identity... |
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phantastisch
Legendary
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Activity: 2271
Merit: 1363
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July 06, 2013, 03:54:05 PM |
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good morning sir, Alot of this is new to me. I've been mining bitcoins the past year using the university computer, what we use here is many times more powerful than anything available to the public. This forum is full of misunderstandings..Ira
Best troll Ive seen in this thread for awhile. mmmmh http://www.linkedin.com/in/irafuchshttps://en.wikipedia.org/wiki/Ira_FuchsWonder if this is a case of stolen identity... If you read his posts , if he is a troll , he must be very dedicated to his role. |
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velacreations
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July 06, 2013, 03:55:01 PM |
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Ignore list in one single post, well done.
that's a new record |
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Strange Vlad
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July 06, 2013, 05:19:19 PM |
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Any ideas about why hashrate this week is significantly lower than before?
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Do not try and bend the spoon. That's impossible. Instead... only try to realize the truth. There is no spoon. Then you'll see, that it is not the spoon that bends, it is only yourself.
1CdVTkA288cd3m1jkdqPjUfhQ5ebei8gVT
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aahzmundus
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July 06, 2013, 05:26:19 PM |
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Any ideas about why hashrate this week is significantly lower than before?
No idea. http://runeks.dk/bitcoin/ <-- Last chart OUCH we are doing REALLY BAD compared to last week... uhh... shit. |
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SOSLOVE868
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July 06, 2013, 05:44:32 PM |
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Any ideas about why hashrate this week is significantly lower than before?
No idea. http://runeks.dk/bitcoin/ <-- Last chart OUCH we are doing REALLY BAD compared to last week... uhh... shit. 55 THS last 6 hours....update??? |
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binaryFate
Legendary
Offline
Activity: 1512
Merit: 1012
Still wild and free
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July 06, 2013, 06:20:51 PM |
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Ignore list in one single post, well done.
I think he is TECHICENINE. Same nonsensical content, and always starting or ending by something retarded ("good morning" and "ira" replaced the "thanks"); also using ".." instead of "...". Agree. That's what I meant here: https://bitcointalk.org/index.php?topic=235763.msg2668799#msg2668799Likely it's the same bot. Do you think they're interested in trolling AM, or all the forum in general? Have you seen a troll with similar behavior (like you describe pankkake) in other sub-forums? |
Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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Swimmer63
Legendary
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Activity: 1593
Merit: 1004
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July 06, 2013, 07:17:16 PM |
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Get it from my store here. |
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bitfair
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July 06, 2013, 09:03:16 PM |
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Ignore list in one single post, well done.
I think he is TECHICENINE. Same nonsensical content, and always starting or ending by something retarded ("good morning" and "ira" replaced the "thanks"); also using ".." instead of "...". My theory are that they are both sock puppets of some person who was sick of the inane chatter on this thread, and is trying to get even. |
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SmiGueL
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July 06, 2013, 10:22:20 PM |
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Can admins please delete account?
*Right beneath every post is a "Report to moderator" button. I'm just mentioning it in case it happens again / in other threads. |
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VJain
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July 07, 2013, 12:12:53 AM |
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Based on history (addresses) I see at least 2 x 1000 and 1 x 50 sticks are paid for. But the rest (if there are) of the sale payments will be visible/added right before the dividend payment. Combined with the mining income that 'll be at least a 0.02 BTC/share  good afternoon, It sounds like you are on the pulse of things around here. Do you work for this shop? We are hoping to remove all barriers to collaboration since this software is part of our open source community project. Do you know who I may contact...Ira Link to your open source community project. |
Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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empoweoqwj
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July 07, 2013, 02:19:34 AM |
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Total network rate is hitting 200 TH/s for the first time. Time for a friedcat announcement to bolster sentiment  I think friedcat has only made one real update in this thread since I started to invest. Seems like years ago but actually only June 24th. Did he used to post more often than this? |
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aahzmundus
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July 07, 2013, 05:55:04 AM |
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Total network rate is hitting 200 TH/s for the first time. Time for a friedcat announcement to bolster sentiment I think friedcat has only made one real update in this thread since I started to invest. Seems like years ago but actually only June 24th. Did he used to post more often than this? It used to be more frequent, as time has gone on, they have become far less common. |
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