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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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09-17-2012, 08:08 AM
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#1 |
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Barterer
Industry Role:
Join Date: Aug 2004
Posts: 4,864
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Bitcoin Math
Okay
$11~ each. http://www.butterflylabs.com/order-f...e-sc-mini-rig/ $30k~ each. Reward estimation @ 1,000 GH/s PPS: 336.02 BTC/24h https://deepbit.net/stats yearly return $1,349,120.30 30k investment? A few presumed constants but still...  |
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09-17-2012, 08:14 AM
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#2 |
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🚨 PBBC International 🚨
Industry Role:
Join Date: Apr 2010
Location: /👁\
Posts: 9,931
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Yes, buy all you can get your hands on. Spend every last dollar you have.
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09-17-2012, 08:51 AM
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#4 | |
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( ͡ʘ╭͜ʖ╮͡ʘ)
Industry Role:
Join Date: Mar 2004
Posts: 19,998
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Quote:
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09-17-2012, 09:14 AM
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#5 |
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frc
Industry Role:
Join Date: Jul 2003
Location: Bitcoin wallet
Posts: 4,663
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If it worked even close to that, bitcoin would quickly change the complexity of the algorithm.
__________________
Crazy fast VPS for $10 a month. Try with $20 free credit |
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09-17-2012, 10:35 AM
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#6 | |
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Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
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09-17-2012, 10:45 AM
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#7 |
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Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Now that I look more closely it seems they're using custom hardware with a much lower power draw...
http://www.butterflylabs.com/product-details/ One board draws 80W at maximum load and does 832MH/sec, or about 0.1W per MH. You'd make about $3/day revenue and pay <40c/day for electricity. I remember reading something about rewards for solving bitcoins going from 50 to 25 sometime later this year, so your potential income would halve. Still profitable, but it would probably take over a year to break even. Too risky. |
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09-17-2012, 10:51 AM
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#8 | |
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Barterer
Industry Role:
Join Date: Aug 2004
Posts: 4,864
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Quote:
Bringing the capacity of a large pool to an individual. 1000 Gh/sec is a million mh/sec...  Sure the complexity will rise exponentially but only after a select few adopt this technology, and probably make a killing in the process. Most graphic cards do under 1000/mh/sec... |
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09-17-2012, 10:51 AM
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#9 |
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<&(©¿©)&>
Industry Role:
Join Date: Jul 2002
Location: Chicago
Posts: 47,882
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what's the point of selling equipment like that? isn't it easier for them to just mine coins directly?
__________________
Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager  Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager |
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09-17-2012, 10:54 AM
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#10 |
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Barterer
Industry Role:
Join Date: Aug 2004
Posts: 4,864
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That was my initial thought too, the margins must be substantial. They also come from Missouri..
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09-17-2012, 11:00 AM
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#11 | |
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Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
http://news.ycombinator.com/item?id=4120271 |
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09-17-2012, 01:32 PM
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#12 | |
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🚨 PBBC International 🚨
Industry Role:
Join Date: Apr 2010
Location: /👁\
Posts: 9,931
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Quote:
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BUY MY SIG - 50$/Year
