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Topic: btt - page 74. (Read 407344 times)

sr. member
Activity: 434
Merit: 250
July 12, 2013, 12:46:14 PM
Travelling today, so will be unavailable. I'm going to try to calculate today's dividend earlier than usual and queue it up, but I may end up just paying PPS and squaring it with tomorrow's divvy.

Cheers.

Bring some new miners as gift from the travels as usual !

Yessir. Smiley

With this addition, does it make sense to continue with the GPU's?  I know they have to be shut down sooner or later, and with a major jump in hashing power, it might be an opportune time so it won't be missed, plus I doubt you need to fry eggs today

Perhaps. I have three singles running off a tiny netbook right now and it keeps coughing and sputtering, requiring me to restart BFGMiner. Often one of the singles fails to detect upon restart, which is a pain. The whole thing is very messy compared to the elegance of Avalon rigs, but hopefully they become more reliable over time. The one connected to my server is also running off BFGMiner 3.1.1, but hasn't had any issues. If it's the netbook that's causing the problem, I may just swap it out for a real computer which would allow me to run at least a couple vid cards mining LTCs while directing the BFLs. That kind of change is down the road at any rate, for now I need more cooling, these things are running too hot. BFL has not designed adequate cooling for the units and they're throttling...air temp is 20c in this room, so there's really no excuse. Off to pick up a second AC unit...

Cheers.
member
Activity: 106
Merit: 10
July 12, 2013, 12:39:44 PM

With this addition, does it make sense to continue with the GPU's?  I know they have to be shut down sooner or later, and with a major jump in hashing power, it might be an opportune time so it won't be missed, plus I doubt you need to fry eggs today

Alternatively, would it be at all worth it to point the GPUs at LTC?
full member
Activity: 251
Merit: 100
Du hast
July 12, 2013, 12:28:01 PM
Travelling today, so will be unavailable. I'm going to try to calculate today's dividend earlier than usual and queue it up, but I may end up just paying PPS and squaring it with tomorrow's divvy.

Cheers.

Bring some new miners as gift from the travels as usual !

Yessir. Smiley

With this addition, does it make sense to continue with the GPU's?  I know they have to be shut down sooner or later, and with a major jump in hashing power, it might be an opportune time so it won't be missed, plus I doubt you need to fry eggs today
sr. member
Activity: 434
Merit: 250
July 12, 2013, 11:52:18 AM
I have three online, the fourth is being a pain. Won't detect with either cgminer or bfgminer.

These things run HOT. Shocked

Edit: Got the fourth online, but had to connect it to my server which I'm not crazy about.





Pictured is the four singles and one new Antec HCP-1300 Platinum 1300w modular PSU. I actually obtained two of the Antec platinum PSUs in addition to the 4 BFL single SCs and a powered USB hub for a grand total of 503.44BTC. One of the beefy Antecs should be able to handle all four Singles and the other should easily handle our four module batch 3 rig when it arrives.

Cheers.
hero member
Activity: 546
Merit: 500
July 12, 2013, 11:23:37 AM
did you just double your hashing power?

double hashing power = double share price? i kid, i kid...sort of...

I don't think that is so far fetched, do your own calculations but share price has remained as a proportion to dividend yield for some time here

and this was .04/share (split adjusted) before the ASICs began arriving, so this illuminates what BASIC-MINING investors are willing to tolerate
full member
Activity: 322
Merit: 116
July 12, 2013, 11:18:42 AM
did you just double your hashing power?

double hashing power = double share price? i kid, i kid...sort of...
sr. member
Activity: 434
Merit: 250
July 12, 2013, 11:13:41 AM
Travelling today, so will be unavailable. I'm going to try to calculate today's dividend earlier than usual and queue it up, but I may end up just paying PPS and squaring it with tomorrow's divvy.

Cheers.

Bring some new miners as gift from the travels as usual !

Yessir. Smiley
sr. member
Activity: 434
Merit: 250
July 12, 2013, 11:09:27 AM
did you just double your hashing power?

I did. Wink

I have two singles online now hashing for us at polmine.pl. Details to follow.

hero member
Activity: 546
Merit: 500
July 12, 2013, 11:03:25 AM
did you just double your hashing power?
sr. member
Activity: 434
Merit: 250
July 12, 2013, 10:58:15 AM
**Important Announcement**

Quote
(4)BFL Single SCs Added

Dear virtual shareholders,

bASIC-MINING is pleased to announce the further expansion  of it's ASIC mining hardware with the addition of (4) Butterfly Labs 60Gh/s(single SC) ASIC mining units. The newly obtained ASIC mining hardware will be brought online throughout the day(July 12) and will be contributing to mining revenue as soon as tomorrow. With this new addition bASIC-MINING has increased it's hashing power to approximately 465,000 Mh/s or 9.3Mh/s per share.

Cheers,

CreativeX


https://btct.co/security/BASIC-MINING
full member
Activity: 251
Merit: 100
Du hast
July 12, 2013, 10:50:32 AM
OK, OK.  I was just playing devil's advocate to get the discussion going.

Besides, it looks like Avalon's handling of refunds is even less timely, responsive, and transparent than their hardware division.  People have been waiting 20 days with no confirmation much less refunds.   Huh

Yes, their communication is lacking...well it stinks quite frankly. Still they've been the best source of reasonably priced efficient hardware for the past several months.

Cheers.

Have you compared with the new pricing on the 10G asicminer blades? How do they stack up?  On the face they still seem a bit higher but what do I know.
sr. member
Activity: 434
Merit: 250
July 12, 2013, 10:40:10 AM
OK, OK.  I was just playing devil's advocate to get the discussion going.

Besides, it looks like Avalon's handling of refunds is even less timely, responsive, and transparent than their hardware division.  People have been waiting 20 days with no confirmation much less refunds.   Huh

Yes, their communication is lacking...well it stinks quite frankly. Still they've been the best source of reasonably priced efficient hardware for the past several months.

Cheers.
sr. member
Activity: 434
Merit: 250
July 12, 2013, 10:38:16 AM
As Avalon is likely going to fully move away from OEM after this batch it might be worth looking into OEM hardware with the Avalon chips. Between Terrahash and some other products coming online we'll probably need to expand rapidly to keep up - at least until we get some amount of saturation and difficulty becomes more incremental.

BTC0.02

Hi davos. I have some plans in the works that should allow us to at the very least keep up with difficulty increases. More to follow.

Cheers.
sr. member
Activity: 434
Merit: 250
July 12, 2013, 10:36:46 AM
Creativex,

I'm fairly new to the Bitcoin world but see the value in your company. What is the best way to buy shares?

Thank you,
Bill

Hi Bill. As was suggested btct.co is where virtual shares are traded. Here's a direct link.

https://btct.co/security/BASIC-MINING

Cheers.
full member
Activity: 490
Merit: 101
FRX: Ferocious Alpha
July 12, 2013, 10:25:06 AM
Creativex,

I'm fairly new to the Bitcoin world but see the value in your company. What is the best way to buy shares?

Thank you,
Bill

Btct.co - great site and there are other securities there as well that you can invest in.  Also there is Bitfunder and Havelock for investments
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 12, 2013, 10:24:58 AM
OK, OK.  I was just playing devil's advocate to get the discussion going.

Besides, it looks like Avalon's handling of refunds is even less timely, responsive, and transparent than their hardware division.  People have been waiting 20 days with no confirmation much less refunds.   Huh
newbie
Activity: 42
Merit: 0
July 12, 2013, 10:22:24 AM
Creativex,

I'm fairly new to the Bitcoin world but see the value in your company. What is the best way to buy shares?

Thank you,
Bill
member
Activity: 106
Merit: 10
July 12, 2013, 10:11:45 AM
As Avalon is likely going to fully move away from OEM after this batch it might be worth looking into OEM hardware with the Avalon chips. Between Terrahash and some other products coming online we'll probably need to expand rapidly to keep up - at least until we get some amount of saturation and difficulty becomes more incremental.

BTC0.02
sr. member
Activity: 434
Merit: 250
July 12, 2013, 09:28:38 AM
Avalon is taking the BFL route of coerced refunds, great.   Roll Eyes

"Accept our flexible definition of 'two weeks = Soon' or take back the money you lent us with no interest."

"Ya, that's what we thought.  Thanks for the free loan, suckers.  Now we're rich and famous but you get jack."

I vote to cancel and buy an early KnC Jupiter pre-order.  We have enough Avalons now and they are shady.

that is a terrible idea. !

although trying to get in on KnC early would be nice. Just not by hastily cancelling anything.

Agreed. The history of all of these companies is delay, delay, delay. The odds of everything going rosy for knc is low IMO. While Avalon has had issues ramping up production they're very plainly shipping in volume. If they make a smooth transition to shipping batch 3, then we should have our 4 module rig within a couple weeks. Anything from knc would take months to begin hashing for us...best case scenario.

Cheers.
hero member
Activity: 544
Merit: 500
July 12, 2013, 09:19:20 AM
Avalon is taking the BFL route of coerced refunds, great.   Roll Eyes

"Accept our flexible definition of 'two weeks = Soon' or take back the money you lent us with no interest."

"Ya, that's what we thought.  Thanks for the free loan, suckers.  Now we're rich and famous but you get jack."

I vote to cancel and buy an early KnC Jupiter pre-order.  We have enough Avalons now and they are shady.

that is a terrible idea. !

although trying to get in on KnC early would be nice. Just not by hastily cancelling anything.
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