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Topic: HashFast launches sales of the Baby Jet - page 46. (Read 119626 times)

newbie
Activity: 21
Merit: 0
September 25, 2013, 08:20:40 AM
are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?

I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Shocked Who are you and what did you do to cypherdoc?

Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC.

clearly i specifically stated "steady" network HR to make it unquestionable that the expected yield from pooled vs solo mining would be the same given an equal orphan rate and no fees from pools.  in a rising HR environment, which is what we have now, it's not as clear.  still, given this environment, my personal experience soloing has worked better for me than pooling.

You're right, I totally read your post wrong.  Embarrassed

But to answer your original question: Yes even with a steady network HR, the reduced variance of pooled mining can yield more BTC than solo mining for a long while. I have too little knowledge about probabilities, but I wouldn't be surprised if there's a greater than 10% chance pooled mining will yield more than solo mining over a year with a single BJ.

In your case you ordered 8 BJ's (right?) so you are closer to having a private 'pool' than most of us. I can't explain your current ownage of pools though. My best bet would be luck, but I don't know how much latency and downtime will affect the results.

And in the end using a pool also gives ease of mind and stability. Both which can be valued higher than more profit. After all T-Bonds still get bought, even though they have a negative inflation adjusted return.
legendary
Activity: 1764
Merit: 1002
September 24, 2013, 04:29:12 PM
are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?

I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Shocked Who are you and what did you do to cypherdoc?

Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC.

clearly i specifically stated "steady" network HR to make it unquestionable that the expected yield from pooled vs solo mining would be the same given an equal orphan rate and no fees from pools.  in a rising HR environment, which is what we have now, it's not as clear.  still, given this environment, my personal experience soloing has worked better for me than pooling.
newbie
Activity: 21
Merit: 0
September 24, 2013, 07:05:50 AM
are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?

I like what you have been doing so far (in fact, you have been a reason for my BJ order). But assuming a steady network HR... Shocked Who are you and what did you do to cypherdoc?

Anyway, a 100 BJ are mining solo should indeed get more BTC than 100 BJ mining for a pool. However, most people have just 1 BJ and after taking a gamble on BTC in general and HF specifically don't also want to gamble on the roulette table know as block finding. People like me who rather have 12.25 BTC than 50% chance of 25 BTC.
sr. member
Activity: 462
Merit: 250
September 23, 2013, 09:20:53 PM
I will just leave this here so you can see for your self.
http://mining.thegenesisblock.com/a/179c8de46b

Difficulty of 442 Billion.  That seems realistic to you?  Really?

442 billion * 2^32 =  1.89 x10^21 hashes per block.
25 BTC per block = 7.59 x10^10 GH per BTC.

Let be optimistic and assume the average miner has 1 J/GH efficiency and $0.10 per kWh electrical rate.
7.59x10^10 GH/s * 1 J/GH = 7.59 x10 J = 21,039 kWh = $2,103.90 per BTC in electrical cost (plus another up to $1K in cooling cost).
Even if BTC went up to $500 ea would you spend $2,000 in electricity to make a $500 worth of BTC?


Quote
Its not a wise investment at this point.
It may not, but you just look silly showing "projections" of the network going to >3,000 PH/s.  If it isn't a wise investment ... then don't buy it.

Did i mention NOV 2014? LOL dont be a dick. I only mention June 2014 for a reason. Its totally realistic to me that difficulty is very close in June.

Let me guess, you decided to jump on HF after missing Avalon ship? Your GPUs farm are getting dusty?

TGB dashboard only keep the same increase rate for the whole time interval. I only look at the most reasonable time frame. I suspect June 2014, the difficulty wont be rising and reach equilibrium (where your mining profit is just above avg electricity cost)
full member
Activity: 168
Merit: 100
September 23, 2013, 09:00:44 PM
Another 1/2 trillion difficulty projection via the genesis block calculator?  Yawn...  Sure.   Whatever.  I especially like the ones with difficulty projected to exceed 200 trillion.  Never going to happen.    

Even 1/2 trillion difficulty is wrong - people will just continue paying $2k electric bills to mine coins worth $124, right ??   Not likely, Nem...

Unfortunately TGB doesn't provide the ability to do anything except constant growth rate and we have been at a monthly hash rate increase of 80% for the last 6 months.

Don't get me wrong, I also agree that the hash rate increase will taper, but I don't think projecting 80% is ludicrous.
hero member
Activity: 574
Merit: 501
September 23, 2013, 07:17:28 PM
Another 1/2 trillion difficulty projection via the genesis block calculator?  Yawn...  Sure.   Whatever.  I especially like the ones with difficulty projected to exceed 200 trillion.  Never going to happen.    

Even 1/2 trillion difficulty is wrong - people will just continue paying $2k electric bills to mine coins worth $124, right ??   Not likely, Nem...
donator
Activity: 1218
Merit: 1079
Gerald Davis
September 23, 2013, 06:58:44 PM
I will just leave this here so you can see for your self.
http://mining.thegenesisblock.com/a/179c8de46b

Difficulty of 442 Billion.  That seems realistic to you?  Really?

442 billion * 2^32 =  1.89 x10^21 hashes per block.
25 BTC per block = 7.59 x10^10 GH per BTC.

Let be optimistic and assume the average miner has 1 J/GH efficiency and $0.10 per kWh electrical rate.
7.59x10^10 GH/s * 1 J/GH = 7.59 x10 J = 21,039 kWh = $2,103.90 per BTC in electrical cost (plus another up to $1K in cooling cost).
Even if BTC went up to $500 ea would you spend $2,000 in electricity to make a $500 worth of BTC?


Quote
Its not a wise investment at this point.
It may not, but you just look silly showing "projections" of the network going to >3,000 PH/s.  If it isn't a wise investment ... then don't buy it.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
September 23, 2013, 06:29:37 PM
The grown ups have arrived in the ASIC space.

Sweet. Mind asking the grown-ups how many millions they need to lock up before they're comfortable shouldering some risk themselves?

The problem is that the pricetag on that vaporware product this week looks great, but next week it may not. CoinTerra managed to collect plenty of pre-orders for December delivery priced at $7/Gh, but now hashfast is seemingly undercutting that pricetag if you HURRY HURRY and pay NOW! DON'T WAIT! Offer only valid until 11:59PST!

So...who'll undercut hashfast's price for November delivery tomorrow? CoinTerra for January delivery is already priced at $3/Gh. Will hashfast ship the sierra I order in the next 10hrs before CoinTerra makes it look like a stoopit purchase? If I go by hashfast's own fine print then the correct response is to ignore this sale.

Cointerra hasn't even taped out yet, and Global Foundries' 28nm expertise/capacity is nothing compared to TSMC's.  Cointerra is vaporware ATM; HF isn't.

The risk HashFast is shouldering themselves, borrowing start-up capital and putting their reputations/time/energy on the line, is substantial.

Starting a new company is risky enough, much less one in the Bitcoin mining hardware space. 

You know that better than almost anyone else on the planet.

I'm not demanding you buy a cheap Sierra (or 10 PRETTY PLEASE  Tongue), although that option is obviously my strongest recommendation.

I am demanding you stop slagging the good name of HashFast, who at this time have done nothing to harm the community and everything to help it.

They get the benefit of the doubt, from reasonable people.  Your perfectly reasonable concerns have been addressed, repeating them is FUD.

When you act unreasonably it reflects poorly on BASIC, which harms my interests as a shareholder.

BASIC has enough troubles already; don't add to them by being a Negative Nancy on a thread for a product you have no interest in.
legendary
Activity: 1764
Merit: 1002
September 23, 2013, 06:10:30 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.


i think you're the clueless one.

i've compared my pool mining success directly with solo mining and soloing wins every time.  and variance means nothing to me.  it's b/c the pools are somehow introducing latency and inefficiency.  not to mention flat out downtime.  and perhaps other nefarious things.  who knows.  but the data is clear in my hands.

Wow.... You just removed all my doubts with that post.

PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot.



it's obvious that variance increases with solo mining.  i don't care b/c my solo mining yields have exceeded my pooling yields despite the escalating HR.  i'm working off of experience not theory.  and i think it's explainable by the inefficiencies of pooled mining.

Do you know what luck means? They wouldnt call it variance if the data is consistent.
But noone will stop you tho, go ahead and solomining please.


are you trying to imply that with a steady network HR the reduced variance of pooled mining will yield you more BTC than solo mining?
sr. member
Activity: 462
Merit: 250
September 23, 2013, 06:02:05 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.


i think you're the clueless one.

i've compared my pool mining success directly with solo mining and soloing wins every time.  and variance means nothing to me.  it's b/c the pools are somehow introducing latency and inefficiency.  not to mention flat out downtime.  and perhaps other nefarious things.  who knows.  but the data is clear in my hands.

Wow.... You just removed all my doubts with that post.

PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot.



it's obvious that variance increases with solo mining.  i don't care b/c my solo mining yields have exceeded my pooling yields despite the escalating HR.  i'm working off of experience not theory.  and i think it's explainable by the inefficiencies of pooled mining.

Do you know what luck means? They wouldnt call it variance if the data is consistent.
But noone will stop you tho, go ahead and solomining please.
legendary
Activity: 1764
Merit: 1002
September 23, 2013, 05:55:31 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.


i think you're the clueless one.

i've compared my pool mining success directly with solo mining and soloing wins every time.  and variance means nothing to me.  it's b/c the pools are somehow introducing latency and inefficiency.  not to mention flat out downtime.  and perhaps other nefarious things.  who knows.  but the data is clear in my hands.

Wow.... You just removed all my doubts with that post.

PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot.



it's obvious that variance increases with solo mining.  i don't care b/c my solo mining yields have exceeded my pooling yields despite the escalating HR.  i'm working off of experience not theory.  and i think it's explainable by the inefficiencies of pooled mining.
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
September 23, 2013, 05:53:51 PM
sr. member
Activity: 462
Merit: 250
September 23, 2013, 05:37:36 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.


i think you're the clueless one.

i've compared my pool mining success directly with solo mining and soloing wins every time.  and variance means nothing to me.  it's b/c the pools are somehow introducing latency and inefficiency.  not to mention flat out downtime.  and perhaps other nefarious things.  who knows.  but the data is clear in my hands.

Wow.... You just removed all my doubts with that post.

PS. if variance means nothing to you then why does hashrate matter in solomining? Do you know why we use pools? because HASHRATE reduce VARIANCE. If you dont care VARIANCE, you shouldnt care why solo mining is still "affordable". Yes... you just proved you're the biggest idiot.

legendary
Activity: 1764
Merit: 1002
September 23, 2013, 05:33:50 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.


i think you're the clueless one.

i've compared my pool mining success directly with solo mining and soloing wins every time.  and variance means nothing to me.  it's b/c the pools are somehow introducing latency and inefficiency.  not to mention flat out downtime.  and perhaps other nefarious things.  who knows.  but the data is clear in my hands.
legendary
Activity: 1764
Merit: 1002
September 23, 2013, 05:21:45 PM

And try not to twist your own words

huh?  this is all you do.

...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners.  these prices are extraordinary and i myself may have to order more.  this is going to keep the network decentralized and solo mining still affordable.  once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.

ORLY? You predicted the price of ASICs would drop?  The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially.  But you actually seen this coming, huh...


as a matter of fact i did.  

many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year.  i'm not surprised you missed it.

point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.

Did anyone, and i mean anyone, actually think the ASIC prices would *increase over time*Huh  Who?

And try not to twist your own words, spindoc.  You didn't say hobby mine -- you said "SOLO mine." Angry Cheesy
Edit:  Bold red text, see?



at $6/GH and more likely $4.8/GH i'd say that's pretty affordable.  at least better than anyone else.

As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source.

So.... your visit to HF means moot to me.

PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware.


actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


it's too bad you're such an idiot.  clearly you don't mine yourself.

i've hit 2 solo mining blocks since Sept 10 using my 3 avalons.  i've paid them off fully and am now making a steady profit from them despite the run up in the HR.

you're such a troll.
sr. member
Activity: 462
Merit: 250
September 23, 2013, 05:21:07 PM

actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.


He definitely sounds more desperate than shilling, completely clueless as well. Variances MEANs EVERYTHING in this race, only a retard can claim otherwise. Your ROI windows are so short that you're a dumb ass for not seeing it.
sr. member
Activity: 462
Merit: 250
September 23, 2013, 05:19:16 PM

And try not to twist your own words

huh?  this is all you do.

...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners.  these prices are extraordinary and i myself may have to order more.  this is going to keep the network decentralized and solo mining still affordable.  once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.

ORLY? You predicted the price of ASICs would drop?  The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially.  But you actually seen this coming, huh...


as a matter of fact i did.  

many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year.  i'm not surprised you missed it.

point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.

Did anyone, and i mean anyone, actually think the ASIC prices would *increase over time*Huh  Who?

And try not to twist your own words, spindoc.  You didn't say hobby mine -- you said "SOLO mine." Angry Cheesy
Edit:  Bold red text, see?



at $6/GH and more likely $4.8/GH i'd say that's pretty affordable.  at least better than anyone else.

As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source.

So.... your visit to HF means moot to me.

PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware.


actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Check my mining dashboard estimation.

To make it short: NO the MPP doesnt give you $2/GH. Please think b4 making silly comment like that. the MPP doesnt warranty x4 of your hash rate. You will be a fool to believe that. As the difficulty rise so quickly, 90 days will change your mining profit projection completely. From my calculation, the MPP would most likely give you 3600GH/s in March. But at that point you will look to break EVEN in June. After That you're in positive ROI for a very short time!

The point of the race is that hardware companies are the only making profits selling hardware when ppl just buy based on hope. Use rough estimate of each hashrate from each hardware company, you will see why ppl are shooting themselves.
Do some calculation and see for yourself.
full member
Activity: 210
Merit: 100
September 23, 2013, 05:16:27 PM

And try not to twist your own words

huh?  this is all you do.

...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners.  these prices are extraordinary and i myself may have to order more.  this is going to keep the network decentralized and solo mining still affordable.  once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.

ORLY? You predicted the price of ASICs would drop?  The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially.  But you actually seen this coming, huh...


as a matter of fact i did.  

many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year.  i'm not surprised you missed it.

point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.

Did anyone, and i mean anyone, actually think the ASIC prices would *increase over time*Huh  Who?

And try not to twist your own words, spindoc.  You didn't say hobby mine -- you said "SOLO mine." Angry Cheesy
Edit:  Bold red text, see?



at $6/GH and more likely $4.8/GH i'd say that's pretty affordable.  at least better than anyone else.

As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source.

So.... your visit to HF means moot to me.

PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware.


actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.

Yes, solo mining is still possible for small miners.
If they're willing to do it without ever finding a block.  And i mean *ever*.
They'll never get any coin, but they'll never have to deal with "pool related problems."

You are a disgrace to shilling.

Edit:  Sorry for mucking up your thread, HashFast, be choosier about hiring shills next time.
sr. member
Activity: 434
Merit: 250
September 23, 2013, 05:15:21 PM
The grown ups have arrived in the ASIC space.

Sweet. Mind asking the grown-ups how many millions they need to lock up before they're comfortable shouldering some risk themselves?

The problem is that the pricetag on that vaporware product this week looks great, but next week it may not. CoinTerra managed to collect plenty of pre-orders for December delivery priced at $7/Gh, but now hashfast is seemingly undercutting that pricetag if you HURRY HURRY and pay NOW! DON'T WAIT! Offer only valid until 11:59PST!

So...who'll undercut hashfast's price for November delivery tomorrow? CoinTerra for January delivery is already priced at $3/Gh. Will hashfast ship the sierra I order in the next 10hrs before CoinTerra makes it look like a stoopit purchase? If I go by hashfast's own fine print then the correct response is to ignore this sale.
legendary
Activity: 1764
Merit: 1002
September 23, 2013, 05:08:15 PM

And try not to twist your own words

huh?  this is all you do.

...
the thing is, the current pricing is dropping as i predicted a long time ago for asics in general which can only be good for miners.  these prices are extraordinary and i myself may have to order more.  this is going to keep the network decentralized and solo mining still affordable.  once the BTC price starts ascending again, which it will, those asic manufacturers with the most efficient chips are going to cause a shakeout in this industry.

ORLY? You predicted the price of ASICs would drop?  The rest of us were thinking that ASIC prices would skyrocket as the difficulty increased exponentially.  But you actually seen this coming, huh...


as a matter of fact i did.  

many of my subscribers here can attest to that prediction which i've continually stressed ever since the beginning of this race last year.  i'm not surprised you missed it.

point being, this makes it possible for small players to stay in the game, if not for fat profits, at least to support the network.

Did anyone, and i mean anyone, actually think the ASIC prices would *increase over time*Huh  Who?

And try not to twist your own words, spindoc.  You didn't say hobby mine -- you said "SOLO mine." Angry Cheesy
Edit:  Bold red text, see?



at $6/GH and more likely $4.8/GH i'd say that's pretty affordable.  at least better than anyone else.

As much as i like to give you credit, you sound so clueless that i cant see you as any reliable source.

So.... your visit to HF means moot to me.

PS. Solo mining means you mines without a pool. Nothing to do with the cost of hardware.


actually, if you avail yourself of the sale plus MPP, the cost drops to $2/GH.

how does that not make it more affordable to mine be it via pool or solo?  solo mining simply results in more variance which i don't mind one bit.  it fact, it's more efficient in my hands as i avoid all the pool related problems.
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