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kibblesnbits
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August 09, 2013, 06:31:14 PM |
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Sounds quite exclusive.
Where's the ocean in Monaco?
"Mediterranean Sea-View" wouldn't fit in the meme and doesn't sound as good, Mr. Geography Police.  |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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ffernandex
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August 09, 2013, 07:20:16 PM |
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Sounds quite exclusive.
Where's the ocean in Monaco?
"Mediterranean Sea-View" wouldn't fit in the meme and doesn't sound as good, Mr. Geography Police. Well, you got to consider Europe is at discount rates now |
If you like my posts, feel free to donate!
BTC: 1L1S4wG5TNJZSX9VG3vkk2er76YHihz3Kg
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shawshankinmate37927
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August 09, 2013, 07:33:31 PM |
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Sounds quite exclusive.
Where's the ocean in Monaco?
"Mediterranean Sea-View" wouldn't fit in the meme and doesn't sound as good, Mr. Geography Police. Well, you got to consider Europe is at discount rates now I'll take a pass on Monaco. Now Phuket on the other hand...that's more like it.  |
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." - Henry Ford
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ffernandex
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August 09, 2013, 09:20:16 PM |
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Sounds quite exclusive.
Where's the ocean in Monaco?
"Mediterranean Sea-View" wouldn't fit in the meme and doesn't sound as good, Mr. Geography Police. Well, you got to consider Europe is at discount rates now I'll take a pass on Monaco. Now Phuket on the other hand...that's more like it. That's a place to live out of ASICMiner's dividends! |
If you like my posts, feel free to donate!
BTC: 1L1S4wG5TNJZSX9VG3vkk2er76YHihz3Kg
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DeathAndTaxes
Donator
Legendary
 Offline
Activity: 1218
Merit: 1079
Gerald Davis
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August 09, 2013, 09:33:52 PM |
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how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
What do you think current ASICs are? |
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superduh
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August 09, 2013, 10:11:29 PM |
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how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
What do you think current ASICs are? heh |
ok
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VolanicEruptor
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August 09, 2013, 11:44:24 PM |
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application specific, boyz!!
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romerun
Legendary
Offline
Activity: 1078
Merit: 1001
Bitcoin is new, makes sense to hodl.
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August 10, 2013, 12:22:29 AM |
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how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
What do you think current ASICs are?  In my mind, the current ASICs look like this. |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 10, 2013, 12:28:45 AM |
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One year ago, a small group of individuals with a grand vision came together and collaborated their efforts. They shared their idea with the community, allowing others to join in the project to come. Within 6 months, they started the largest collective mine and are now considered one of the most (if not the most) successful Bitcoin companies.
Happy Birthday/Anniversary, BitFountain/ASICMiner! May you have many more.
^this This Happy Birthday +1 XD |
Believing in Bitcoins and it's ability to change the world
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bitman442
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August 10, 2013, 12:36:30 AM |
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Anyone else unable to access Havelock?
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tinus42
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August 10, 2013, 12:40:36 AM |
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Anyone else unable to access Havelock?
I can't access the site also.  |
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 10, 2013, 12:50:22 AM
Last edit: August 10, 2013, 01:23:46 AM by freedomno1 |
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Its down for me as well
With lag on btct
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Believing in Bitcoins and it's ability to change the world
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gramma
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August 10, 2013, 01:13:23 AM |
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Heh. I don't have enough coin for this, not by a long shot. But with Friedcat, who knows about some day? |
BTC: 1MrNRPo7p8DEyxn87c9BCGwrbatBQeCHc1
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freedomno1
Legendary
Offline
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
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August 10, 2013, 01:19:25 AM |
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Heh. I don't have enough coin for this, not by a long shot. But with Friedcat, who knows about some day? In that case  |
Believing in Bitcoins and it's ability to change the world
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VolanicEruptor
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August 10, 2013, 02:16:36 AM |
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Friedcat, the chinese jew cat!
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Franktank
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August 10, 2013, 03:15:23 AM |
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One year ago, a small group of individuals with a grand vision came together and collaborated their efforts. They shared their idea with the community, allowing others to join in the project to come. Within 6 months, they started the largest collective mine and are now considered one of the most (if not the most) successful Bitcoin companies.
Happy Birthday/Anniversary, BitFountain/ASICMiner! May you have many more.
Shameless repost but friedcat: "SPEECH! SPEECH! SPEECH" |
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stslimited
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August 10, 2013, 03:39:53 AM |
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after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating |
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Transisto
Donator
Legendary
Offline
Activity: 1731
Merit: 1008
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August 10, 2013, 04:32:45 AM |
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after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating FYI, AMD is producing it's chips in the same foundry as BFL ... GloFo A well made 55nm chip could end up being much more profitable than a 28nm chip that cost more and is ,for example, 6 month late. |
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Vycid
Sr. Member
Offline
Activity: 336
Merit: 250
♫ the AM bear who cares ♫
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August 10, 2013, 04:34:59 AM |
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after ASIC shifts to 28nm, 22nm, 18nm...1nm, what else could be done ? how hard would it be to make hundreds asic cores like the GPU but only do hashing ?
currently a company like AMD is not interested because the entire bitcoin is only 1/3rd of that 1 company's market cap. But if bitcoin was maybe 20 times its market cap things would be more motivating This is a ludicrous sentiment. Mining revenues are about $100M a year. AMD's yearly revenue, across all products, is only a little north of a billion. It would definitely be on their radar, since they could grab almost the whole market with little investment. By the way: companies don't ignore sectors just because they're only ~10% of their revenue. If that was true, GE and HP would never release new products. But we see them buying up little companies and launching products all the time. However, the proposition is even BETTER for Intel, who, unlike AMD, already owns the fabs needed to crank out some chips and keep the cost of dominating mining extremely low (AMD has to contract out, so they've got an economy of scale issue that Intel doesn't). The real reason that neither AMD or Intel has made a move is that they're both uncertain of the legality of Bitcoin mining, and the tax implications. Even $100M isn't worth taking a legal risk. That's all there is to it. |
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