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-   -   Bitcoins anyone? (https://www.revscene.net/forums/681292-bitcoins-anyone.html)

sdubfid 01-03-2014 08:17 AM

is your gpu a neural net processor, an earning computer?

SkinnyPupp 01-04-2014 01:35 AM

I'd bet that we don't see a scrypt ASIC (or even FPGA) that will be more price and energy efficient than video cards before the end of this year.

godwin 01-04-2014 01:40 AM

ASICs are derived from FPGAs. Once they start make ASICs there is no need for FPGAs because ASICs is cheaper and faster.

The problem with ASICs is whether they can find a foundry to take on small amount of work considering places like TSM are overbooked. I would assume the volume for this a particular ASIC won't be a big run.

Quote:

Originally Posted by SkinnyPupp (Post 8393271)
I'd bet that we don't see a scrypt ASIC (or even FPGA) that will be more price and energy efficient than video cards before the end of this year.


strykn 01-04-2014 11:06 AM

Looks like BTC about to break-out real soon, new highs in the cards

MWR34 01-04-2014 11:17 AM

Quote:

Originally Posted by SkinnyPupp (Post 8393271)
I'd bet that we don't see a scrypt ASIC (or even FPGA) that will be more price and energy efficient than video cards before the end of this year.

Alpha-T have one in the process of being built.

25mh/s and 600 watts.

Cost is $10,000.

ETA September.


if you were to mine with GPU's you would probably be at $18,000 and 10,000 watts to do 25mh/s.

falcon 01-04-2014 06:22 PM

All in on Coinye West.



:badpokerface:



Still waiting for my Quarks to make me rich

SkinnyPupp 01-04-2014 06:57 PM

Quote:

Originally Posted by MWR34 (Post 8393411)
Alpha-T have one in the process of being built.

25mh/s and 600 watts.

Cost is $10,000.

ETA September.


if you were to mine with GPU's you would probably be at $18,000 and 10,000 watts to do 25mh/s.

"process of being built" is a lot different from having them up and running, hashing at the expected rate with the expected power consumption, with good reliability and durability.

And with ASICS you can add several months to the ETA usually :fuckthatshit:

SkinnyPupp 01-04-2014 07:03 PM

Quote:

Originally Posted by strykn (Post 8393399)
Looks like BTC about to break-out real soon, new highs in the cards

Getting ready to be traded on Wall St.

Zynga is starting to support it

Latest rumor is Netflix will start to support it as well

Like I said, I don't think it will be under $1000 for long, and could hit crazy highs this year ($5000 and up)

sh0n 01-04-2014 08:17 PM

Quote:

Originally Posted by falcon (Post 8393596)
All in on Coinye West.



:badpokerface:



Still waiting for my Quarks to make me rich


Same boat here, but not coinye.

Still waiting for quack to make me rich!

sh0n 01-04-2014 08:18 PM

Quote:

Originally Posted by SkinnyPupp (Post 8393621)
Getting ready to be traded on Wall St.

Zynga is starting to support it

Latest rumor is Netflix will start to support it as well

Like I said, I don't think it will be under $1000 for long, and could hit crazy highs this year ($5000 and up)

This could be a possibility.

Any thoughts about the China Ban for near the end of Jan though?

I think we might see some large volatility during that time and then a rise for rest of the year.

SkinnyPupp 01-04-2014 08:27 PM

Quote:

Originally Posted by sh0n (Post 8393676)
This could be a possibility.

Any thoughts about the China Ban for near the end of Jan though?

I think we might see some large volatility during that time and then a rise for rest of the year.

China bans everything, so it doesn't really change anything.. All it did was set things back from the high it reached when people in China were buying it while they could.

There will still be volatility of course, as it's still very new.

RRxtar 01-04-2014 09:40 PM

First major company to support it, it explodes and everyone will follow. Guaranteed all of the big players are looking hard.

<-not involved ^ just my opinion

Just noticed a "Bitcoiniacs" store with an ATM popped up in Kelowna a month ago.

I should have looked harder into Bitcoins a year ago when I first started lightly reading about it. Now Im way behind

Manic! 01-05-2014 02:57 AM

Quote:

Originally Posted by RRxtar (Post 8393743)
First major company to support it, it explodes and everyone will follow. Guaranteed all of the big players are looking hard.

<-not involved ^ just my opinion

Just noticed a "Bitcoiniacs" store with an ATM popped up in Kelowna a month ago.

I should have looked harder into Bitcoins a year ago when I first started lightly reading about it. Now Im way behind

Why would a major company support a currency so volatile?

godwin 01-05-2014 11:34 AM

Publicity

Quote:

Originally Posted by Manic! (Post 8393890)
Why would a major company support a currency so volatile?


dhari 01-06-2014 12:49 PM

LTC :fullofwin:

nabs 01-06-2014 06:15 PM

WTF HAPPENED WITH LTC! Holey Crap!

Hondaracer 01-06-2014 06:31 PM

FFS... come on NMC get over $8 so i can sell you.. fuck huge mistake not keeping liquidity and getting back into LTC

SkinnyPupp 01-07-2014 04:59 PM

My Sapphire 280X died after less than 2 months of mining.. RMA'd it (I was told it would take a while due to CNY) and bought and XFX 280X for the time being. Will sell the Sapphire on ebay when it comes back.

I know 280X and 290 prices are inflated in the US, but they are fine here

nabs 01-07-2014 08:18 PM

CRASH!!!! Lucky I dumped during peak time :D

SkinnyPupp 01-09-2014 12:07 AM

What crash? :fuckthatshit:

Big news lately, as the biggest mining pool is getting close to becoming "too big". In other words, it's possible that with 51% of the mining power, they have the ability to maliciously attempt double-spends.

I think they have said that they won't do this, but having the power to do so is dangerous enough.

Ducdesmo 01-09-2014 02:28 PM

Overstock.com is now accepting bitcoins ! So cool to see that on a major online retailer.

SkinnyPupp 01-09-2014 02:42 PM

Never heard of them until now, so I guess it helps them too :thumbsup:

Ducdesmo 01-09-2014 03:39 PM

Its a publicly traded company with annual revenues of $1+billion/yr. So good publicity.

SkinnyPupp 01-09-2014 03:43 PM

Nice. Looks like they basically sell "everything"

Hondaracer 01-09-2014 04:12 PM

Fuuuuu yea my mining days are over lol cranked up my intensity to 20 repositioned my case fans and let er' mine for 3 days straight, 0.29 LTC

:okay:
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