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Topic: BitFury has the No. 1 Crown for Now... - page 3. (Read 11273 times)

hero member
Activity: 756
Merit: 501
February 01, 2016, 06:58:42 AM
#34
That huge! Just sad that they do not make gear for home mining!  Tongue


Source: http://bitfury.com/products#16nm-asic

If the miner is made according to the 0.1J/GH specification, that is 150% more efficient than the S7. It will dominate the market.
sr. member
Activity: 471
Merit: 500
January 29, 2016, 11:24:26 PM
#33
That huge! Just sad that they do not make gear for home mining!  Tongue


Source: http://bitfury.com/products#16nm-asic
full member
Activity: 154
Merit: 100
January 17, 2016, 07:34:17 AM
#32

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.


and the halving is bad why ?. if bitcoins keep going up how they are the halving will have no effect at all the only thing i see bad is 12.5 less coins per block and higher difficulty, i don't see that as bad unless the chip makers try to shut out everyone and  mine for them self, which is possible, but some one will come a long and stop that unless the laws of the land stop home miners or make it to hard to do it in your home, by law.

I don't think they ever planned to do it. The article says that they "announced mass-production of its full-custom design 16nm Application Specific Integrated Circuit (ASIC) Chip". But even if they were so "evil" that they only mine for themselves with the chip, I bet someone else would develop a similar chip or would just pirate this one. )

as a business unit they would diversify their business ,rather than developing the machines just to mine for themselves they will be earning a good profit selling the machines .
member
Activity: 60
Merit: 10
January 17, 2016, 07:25:03 AM
#31

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

If your electricity price is over $0.25/kWh, You will not mine profitably after the halving. The only motivation to mine to keep the network distributed.
full member
Activity: 190
Merit: 100
January 16, 2016, 05:15:12 AM
#30
Bitfury also supports the 2MB block size. So it is good for the bitcoin network.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
January 11, 2016, 10:39:54 AM
#29
Remember bitfury because they were partners of bit-x, if I am not wrong. Would love to see the cloud mining service working again, it was good for me.

Anyone here uses bitfury miners?
newbie
Activity: 33
Merit: 0
January 10, 2016, 05:46:55 AM
#28

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

this isn't something that a single user can do you know, so i'm not user how useful is to do it, unless you have a very large base of friends

but is not better to sustain the network with at least the possibility to avoid losing money? s3 is ancient and also have a low hashrate, so the distribution in this case is not even good

Mine will concentrate on the cheap electricity places. The US dollar has appreciate against other currencies, so there will be fewer mining operations there.
full member
Activity: 210
Merit: 100
January 01, 2016, 03:16:29 AM
#27

What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills.

I am trained in guerilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words.

You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands.

Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue.

But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it.

You’re fucking dead, KnCMiner 
details here
https://litecointalk.org/index.php?topic=28005.0


You're not going to get anything good from posting here. Honestly you expect us to believe that US Marine Corps have nothing better to do then hunt down people who scammed you lol. Sorry i know I shouldnt even reply to this attention seeking post but srsly whud. Gotta admit some taught gone into writing the above post. Some albeit not alot
legendary
Activity: 3248
Merit: 1070
December 27, 2015, 02:41:00 AM
#26

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

this isn't something that a single user can do you know, so i'm not user how useful is to do it, unless you have a very large base of friends

but is not better to sustain the network with at least the possibility to avoid losing money? s3 is ancient and also have a low hashrate, so the distribution in this case is not even good
hero member
Activity: 756
Merit: 501
December 27, 2015, 02:38:04 AM
#25

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.

I know your first consideration is the free power. Without free power, there is no way you will ROI and continue mining with S3.
DrG
legendary
Activity: 2086
Merit: 1035
December 26, 2015, 04:21:46 AM
#24

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.

What you talkin' about Willis?  I got S3s that have been going nonstop for over 16 months and will continue well past the halving.

And I'm sure lots of college kiddos "leeching" free power for 4 years at a time.  For me mining ROI is a secondary consideration - my main concern is keeping the network distributed.
full member
Activity: 210
Merit: 100
December 26, 2015, 04:03:12 AM
#23
Wow... That's a really close battle between the top 3.

Both Bitfury and Bitmain are producing high efficiency miners. A lot of them are used by themselves. So the race will be on for some more time.

we need more compaction in this area. home mining must increae
sr. member
Activity: 357
Merit: 250
December 20, 2015, 03:17:26 AM
#22
Wow... That's a really close battle between the top 3.

Both Bitfury and Bitmain are producing high efficiency miners. A lot of them are used by themselves. So the race will be on for some more time.
sr. member
Activity: 343
Merit: 250
Bonus Claim Url: http://betonline.wager.bz
December 19, 2015, 08:11:35 PM
#21
Wow... That's a really close battle between the top 3.
full member
Activity: 228
Merit: 100
December 19, 2015, 08:05:40 PM
#20
I'm not trying to sound doom and gloom...

But, could this be the beginning of the end for home miners?

I've always believed that Bitmain uses their technology for awhile, before making it available to public.

At some point advanced machines won't be affordable to the public.

Mining has been a small yet fun and affordable hobby for me -- and I hope that it will continue...

SmileySmileySmiley
legendary
Activity: 1174
Merit: 1001
December 17, 2015, 12:23:33 PM
#19
BitFury do not make hardware for home use. They only sell hash power online to cloud miners. They will lead the race in long run.
Their latest announcement sounds like they will finally make hardware available for home use again.  It remains to be seen, and most people can agree in saying "I'll believe it when I see it".
hero member
Activity: 658
Merit: 500
December 17, 2015, 06:00:57 AM
#18
BitFury do not make hardware for home use. They only sell hash power online to cloud miners. They will lead the race in long run.
newbie
Activity: 33
Merit: 0
December 17, 2015, 05:55:33 AM
#17

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

The usable life of a miner is just 6 months. If you cannot ROI within 6 months, you will never. So They should have planned for that.
legendary
Activity: 1174
Merit: 1001
December 16, 2015, 11:11:43 AM
#16
They stated  their chip is so good that no one can compete against it so they will sell chips to keep the playing field level.

I see trouble ahead.

We might see what other companies have in their R/D.  I think some of the big one's chances are always are working on next gen.  Maybe another one comes out if were lucky.

But Bitfury will use this to be the first to ROI on ton's of machines.  They are in a very good position to be in.
They will be in a very good position to be in, and it sucks for everyone else.  Who knows at what point we may get access to these chips, but it surely stops me from jumping on any gear that is out right now because it really just won't be able to keep up next year.
legendary
Activity: 1456
Merit: 1000
December 16, 2015, 09:45:19 AM
#15

Maybe.  They have 6 months to make some money off of it before the halving.  Halving is coming.

That will be the most efficient miner out there. They will be making money when others are not.

They stated  their chip is so good that no one can compete against it so they will sell chips to keep the playing field level.

I see trouble ahead.

We might see what other companies have in their R/D.  I think some of the big one's chances are always are working on next gen.  Maybe another one comes out if were lucky.

But Bitfury will use this to be the first to ROI on ton's of machines.  They are in a very good position to be in.
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