Topic: Jtme (Read 12323 times)
What's the plan for the GPU rigs post-shutdown? Sell them and use the coin to pay a dividend or sell them and use the coin to buy ASICs?
Sell to buy the next round of ASICs. However the 7970s (undervolted and underclocked) will be profitable longer then the others, so they will get sold last. Also it may be possible to turn a profit with the 7970s mining Litecoins once they are unprofitable mining BTC. I haven't looked into what card is most efficient for LTC mining, but I'd hazard a guess that it is a undervolted/clocked 7970.
Bleh, I wonder if its a software issue, you'd think 7970s having more cores would mine LTC faster
I dug around a little, it looks like some peeps are getting 7970s to perform for LTC. I also took a look at the LTC market, its pretty small, if even 10% of BTC hardware gets repointed at LTC, it will make it unprofitable.
This is assuming the price doesn't rise at all. Obviously that will not be the case if 10% of BTC hardware (i.e. GPUs) get pointed to LTC and it is unprofitable already.
People mining LTC back in April in May were considered mining at a "loss" although if they held their LTC for a few months they could have sold for at least 10 times it's value when they were mined.
People should think longer-term rather than mine today and sell today. It's not always the best way to be profitable. But to each his own.
https://forums.butterflylabs.com/showthread.php/16-Announcement-BFL-ASIC-Release-specifications
Woot!! +64Gh/s for us
Assuming BFL are being honest Woot!! +64Gh/s for us
The timing's a bit suspect, coming just after cablepair's announcement... Maybe my math is off, but isn't 195 GH/s / (542 + 1750) shares = 85 GH/s/share?
Don't use a calculator. Just look at those numbers and ask if they make sense. Sweeeeeeet
Just ordered one myself
What's the plan for the GPU rigs post-shutdown? Sell them and use the coin to pay a dividend or sell them and use the coin to buy ASICs?
Sell to buy the next round of ASICs. However the 7970s (undervolted and underclocked) will be profitable longer then the others, so they will get sold last. Also it may be possible to turn a profit with the 7970s mining Litecoins once they are unprofitable mining BTC. I haven't looked into what card is most efficient for LTC mining, but I'd hazard a guess that it is a undervolted/clocked 7970.
The new BFL FPGA single has a faster bitstream in it and runs kinda hot.. cgminer has halted a few times while running it. 
I put it on its face, hopefully that will help, I've read they run cooler when on their face.
Logo candidate?
Why don't you try different firmware? I put it on its face, hopefully that will help, I've read they run cooler when on their face.Logo candidate?
That or point a desk fan at it
SCAM SCAM SCAM
The owner has NO verification on GLBSE. ABSOLUTELY NONE. ZERO.
Bitcoin mining WILL NOT BE PROFITABLE in the future.
Incorrect spelling and grammar - probably ran by someone who is 16... another reason why there is NO VERIFICATION.
The owner has NO verification on GLBSE. ABSOLUTELY NONE. ZERO.
Bitcoin mining WILL NOT BE PROFITABLE in the future.
Incorrect spelling and grammar - probably ran by someone who is 16... another reason why there is NO VERIFICATION.
So says the guy selling "guides" to use paypal for BTC transactions for 5 BTC. Hello TROLL, welcome to the thread, thanks for the free bump. If you'd check this post "https://bitcointalksearch.org/topic/jtme-91374" in this thread you will see that your concern about verification has been addressed.
Anyway, thanks for the free advertising for my guide. If you want to trade with PayPal without the risk, I'll teach you how for just 5 BTC
. The askwall is now 1.07.
Get your cheap shares now!, not alot on the order book between current and 1.07.
Problem is that BTC appreciation has reduced the BTC value of the company's assets. What was the dollar price of the original IPO at the time? Get your cheap shares now!, not alot on the order book between current and 1.07
.42% in dividends in 9 weeks, one of the best deals on GLBSE.
Buy shares while you can.
The askwall will raise to 1.06 on Wednesday.
Wouldn't it be more helpful to sell on some of those shares at near to the price at which trades are actually taking place? That way JTME could bring in some fresh capital and make more ASIC orders or pick up some more cheap GPUs... Buy shares while you can.
The askwall will raise to 1.06 on Wednesday.
Also keep in mind that BFL specs are not confirmed yet.
It seems more like your trolling then being a concerned investor. Good thing silver ordered bASIC along with BFL, I find this investment to be a great alternative to others just ordering BFLs (nothing against BFL, I just don't want all my eggs in one basket).
Jump to: