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Topic: LargeCoin C200 Integrated Mining Unit (Read 7111 times)

legendary
Activity: 1876
Merit: 1000
March 14, 2012, 02:22:03 PM
#49
Story time! Cheesy

OK, here's one: This was after I had sold my 2-seater Cessna 150, and while I was renting planes. Arriving at the airport, I find out that all 2-seaters, which I was intimately familiar with, were rented out or in the shop, so I decide to suck it up, pay a little bit more and rent a 4-seater (Skyhawk) instead. I had been checked out in one during the BFR a few months ago, but it wasn't what you call "fits like a glove". So I take off, fly to, whatever, Monterey or something, enjoy the coastal scenery and the toy houses below and finally get back to the home airport and land. Turns out, being not 100% familiar with a Skyhawk, I land going too fast. So what does an airplane do when you land at too fast a speed? It does what it's designed to do, it takes off again. A little. It starts to hop down the runway, doing these little bunny hops. Would be a fun thing to do (the hops don't damage the landing gear or anything), except for the insignificant little fact that while you're hopping down the runway, you cannot brake. So the shopping mall conveniently located at the end of the runway starts to get larger and larger in the windshield, as I'm still hopping down the runway at 70 knots. If you panic now, you're dead. So training and survival instinct take over, I push the throttle forward, retract the flaps and pitch the airplane into best climb angle. The shopping mall is now filling the windshield, but the airplane is light, with but one person inside, and the engine does its job and finally there is a positive climb and the airplane clears the shopping mall. Once again I enter the landing pattern, but this time I land 5 knots slower and it doesn't hop and I can brake and turn off the runway.

My point is, you haven't really lived until you have almost died once.

Last year I was starting my take off and about 1/3 of the way down the runway, a huge, huge coyote (biggest I've ever seen) runs clean out in front of the plane, gets terrified by the prop and starts running straight down the runway in front of the plane.  Scared the hell out of me, the coyote probably shat himself and then dashed off to the side as my stall horn was blaring and I'm expecting to drop back to the runway any second with a thud... fortunately I got it leveled off and gained a bit of speed before the end of the runway and cleared the trees and power lines with a few feet to spare. Smiley

I guess my scary-est pilot story was flying from connecticut to pa, around the west side of NYC.  the cieling was closing in from above and the trees were rising underneath.. the sky looked lighter to the west but with a classC airspace there.   I came very close to just going IFR. (not certified)...  but the radio was blasting things about convective sigmets, i was loath to go into the clouds.....  anyway, I safely made it back to wings field without bending any metal.
legendary
Activity: 1795
Merit: 1208
This is not OK.
March 14, 2012, 12:39:06 AM
#48


How did you get to my photos? :/
legendary
Activity: 1260
Merit: 1000
March 13, 2012, 08:41:34 PM
#47
Story time! Cheesy

OK, here's one: This was after I had sold my 2-seater Cessna 150, and while I was renting planes. Arriving at the airport, I find out that all 2-seaters, which I was intimately familiar with, were rented out or in the shop, so I decide to suck it up, pay a little bit more and rent a 4-seater (Skyhawk) instead. I had been checked out in one during the BFR a few months ago, but it wasn't what you call "fits like a glove". So I take off, fly to, whatever, Monterey or something, enjoy the coastal scenery and the toy houses below and finally get back to the home airport and land. Turns out, being not 100% familiar with a Skyhawk, I land going too fast. So what does an airplane do when you land at too fast a speed? It does what it's designed to do, it takes off again. A little. It starts to hop down the runway, doing these little bunny hops. Would be a fun thing to do (the hops don't damage the landing gear or anything), except for the insignificant little fact that while you're hopping down the runway, you cannot brake. So the shopping mall conveniently located at the end of the runway starts to get larger and larger in the windshield, as I'm still hopping down the runway at 70 knots. If you panic now, you're dead. So training and survival instinct take over, I push the throttle forward, retract the flaps and pitch the airplane into best climb angle. The shopping mall is now filling the windshield, but the airplane is light, with but one person inside, and the engine does its job and finally there is a positive climb and the airplane clears the shopping mall. Once again I enter the landing pattern, but this time I land 5 knots slower and it doesn't hop and I can brake and turn off the runway.

My point is, you haven't really lived until you have almost died once.

Last year I was starting my take off and about 1/3 of the way down the runway, a huge, huge coyote (biggest I've ever seen) runs clean out in front of the plane, gets terrified by the prop and starts running straight down the runway in front of the plane.  Scared the hell out of me, the coyote probably shat himself and then dashed off to the side as my stall horn was blaring and I'm expecting to drop back to the runway any second with a thud... fortunately I got it leveled off and gained a bit of speed before the end of the runway and cleared the trees and power lines with a few feet to spare. Smiley

legendary
Activity: 1260
Merit: 1000
March 13, 2012, 08:38:54 PM
#46
I almost die on a weekly basis.
I mountainbike Smiley

WEEEEEEEeeeeeeee.....ARRRGHHHHHSHIT!
...
Ow Sad

legendary
Activity: 1795
Merit: 1208
This is not OK.
March 13, 2012, 08:35:47 PM
#45
I almost die on a weekly basis.
I mountainbike Smiley

WEEEEEEEeeeeeeee.....ARRRGHHHHHSHIT!
...
Ow Sad
vip
Activity: 166
Merit: 100
March 13, 2012, 04:43:38 AM
#44
I believe people in the shopping mall were saying the same thing once you passed the mall. What was the stall-speed of the skyhawk? 60 Knots?

47 knots according to wikipedia. 60 knots is about the speed you want to be when you touch down. Any lower than 55 knots is uncomfortably slow.
full member
Activity: 227
Merit: 100
March 13, 2012, 03:48:54 AM
#43
Story time! Cheesy

OK, here's one: This was after I had sold my 2-seater Cessna 150, and while I was renting planes. Arriving at the airport, I find out that all 2-seaters, which I was intimately familiar with, were rented out or in the shop, so I decide to suck it up, pay a little bit more and rent a 4-seater (Skyhawk) instead. I had been checked out in one during the BFR a few months ago, but it wasn't what you call "fits like a glove". So I take off, fly to, whatever, Monterey or something, enjoy the coastal scenery and the toy houses below and finally get back to the home airport and land. Turns out, being not 100% familiar with a Skyhawk, I land going too fast. So what does an airplane do when you land at too fast a speed? It does what it's designed to do, it takes off again. A little. It starts to hop down the runway, doing these little bunny hops. Would be a fun thing to do (the hops don't damage the landing gear or anything), except for the insignificant little fact that while you're hopping down the runway, you cannot brake. So the shopping mall conveniently located at the end of the runway starts to get larger and larger in the windshield, as I'm still hopping down the runway at 70 knots. If you panic now, you're dead. So training and survival instinct take over, I push the throttle forward, retract the flaps and pitch the airplane into best climb angle. The shopping mall is now filling the windshield, but the airplane is light, with but one person inside, and the engine does its job and finally there is a positive climb and the airplane clears the shopping mall. Once again I enter the landing pattern, but this time I land 5 knots slower and it doesn't hop and I can brake and turn off the runway.

My point is, you haven't really lived until you have almost died once.

I believe people in the shopping mall were saying the same thing once you passed the mall. What was the stall-speed of the skyhawk? 60 Knots?
sr. member
Activity: 448
Merit: 250
March 12, 2012, 11:26:15 PM
#42
Story time! Cheesy

OK, here's one: This was after I had sold my 2-seater Cessna 150, and while I was renting planes. Arriving at the airport, I find out that all 2-seaters, which I was intimately familiar with, were rented out or in the shop, so I decide to suck it up, pay a little bit more and rent a 4-seater (Skyhawk) instead. I had been checked out in one during the BFR a few months ago, but it wasn't what you call "fits like a glove". So I take off, fly to, whatever, Monterey or something, enjoy the coastal scenery and the toy houses below and finally get back to the home airport and land. Turns out, being not 100% familiar with a Skyhawk, I land going too fast. So what does an airplane do when you land at too fast a speed? It does what it's designed to do, it takes off again. A little. It starts to hop down the runway, doing these little bunny hops. Would be a fun thing to do (the hops don't damage the landing gear or anything), except for the insignificant little fact that while you're hopping down the runway, you cannot brake. So the shopping mall conveniently located at the end of the runway starts to get larger and larger in the windshield, as I'm still hopping down the runway at 70 knots. If you panic now, you're dead. So training and survival instinct take over, I push the throttle forward, retract the flaps and pitch the airplane into best climb angle. The shopping mall is now filling the windshield, but the airplane is light, with but one person inside, and the engine does its job and finally there is a positive climb and the airplane clears the shopping mall. Once again I enter the landing pattern, but this time I land 5 knots slower and it doesn't hop and I can brake and turn off the runway.

My point is, you haven't really lived until you have almost died once.
legendary
Activity: 980
Merit: 1008
March 12, 2012, 09:01:18 PM
#41
Story time! Cheesy
sr. member
Activity: 448
Merit: 250
March 12, 2012, 07:54:43 PM
#40
Brave man, Inspector Smiley

Or foolish. Time will tell.

But old people mostly regret chances not taken, opportunities not pursued in their younger years. People rarely regret living an adventurous life - even if an opportunity doesn't pan out, at least it's a good story to tell...

Don't get me started telling you about the time, more than a decade ago now, when I bought a Cessna airplane without knowing how to fly it (but planning to take flight lessons in it). After finally getting my license and making the skies over California a little bit less safe than they used to be, I ran the numbers and found out that renting would be much cheaper, going forward, and I sold the airplane again. But it's a hell of story to tell and I don't regret it a bit.
legendary
Activity: 1795
Merit: 1208
This is not OK.
March 12, 2012, 07:27:33 PM
#39
Brave man, Inspector Smiley
sr. member
Activity: 448
Merit: 250
March 12, 2012, 06:43:00 PM
#38
After careful analysis (read: a spontaneous gut-based decision which will probably come back to haunt me), I have put my name down for one.

I was almost considering ordering two, but I don't like to put all eggs in one basket - I already have 12 BFL singles on order and don't want to cancel them, as at least the first one of them should arrive in about 2 to 3 weeks (my guess), down from "4 to 6 weeks" (BFL website).

The 12 BFL singles will dissipate about 1000 W and the C200 about 100 W, for a total of 1100 W - which should result in a more comfortable temperature in the office than now with three 4-card mining rigs running and heating up the room like a sauna.
sr. member
Activity: 252
Merit: 250
Inactive
March 12, 2012, 05:01:56 PM
#37
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).
There really are no definite, ready, more profitable solutions as far as I can see. GPU mining (which isn't necessarily more profitable, and in any case requires a lot of redundant hardware in the form of motherboard, CPUs, RAM, etc.) would require buying 7000-series Radeons, as I would venture the guess that it's impossible to obtain the 25-30 5970s it would require to get to 20 Ghash/s. The first Bitforce Singles have taken four months to deliver, so getting 20Ghash/s worth of Singles could easily be postponed to July, or later. No one knows when the Rig Box will be shipping.

As far as I can see, it's really impossible for consumers to tell which solution will be ready first. None are ready as such. Largecoin not having a single actual chip in hand doesn't bode well for them though (their numbers are based on simulations).


True.  IIRC Icarus and x6500 are in between batches.  And in those cases ROI being 2-3 mo longer at current conditions, and at that point market conditions are certain to be different.

Not clear what will be.

legendary
Activity: 980
Merit: 1008
March 12, 2012, 04:42:14 PM
#36
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).
There really are no definite, ready, more profitable solutions as far as I can see. GPU mining (which isn't necessarily more profitable, and in any case requires a lot of redundant hardware in the form of motherboard, CPUs, RAM, etc.) would require buying 7000-series Radeons, as I would venture the guess that it's impossible to obtain the 25-30 5970s it would require to get to 20 Ghash/s. The first Bitforce Singles have taken four months to deliver, so getting 20Ghash/s worth of Singles could easily be postponed to July, or later. No one knows when the Rig Box will be shipping.

As far as I can see, it's really impossible for consumers to tell which solution will be ready first. None are ready as such. Largecoin not having a single actual chip in hand doesn't bode well for them though (their numbers are based on simulations).
hero member
Activity: 714
Merit: 500
Psi laju, karavani prolaze.
March 12, 2012, 04:39:27 PM
#35

Same here.
I can come up with the deposit, but coming up with the remaining $12,750, that's another story entirely.
I'm not ruling out placing a deposit, however.

GLBSE anyone? Im just kind of waiting it to happen.
vip
Activity: 166
Merit: 100
March 12, 2012, 04:11:52 PM
#34
I have to wonder if this is good business sense on behalf of Largecoin or just a tad bit of arrogance.

They've got big balls to charge nearly 2x ROI of other solutions on the assumption that consumers will base their purchase decision on BTC market conditions that might take 10 months to materialize.
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

This rubs me the wrong way.  But good luck to LC and their customers.

They will either be vindicated when sales are good at $30K a unit, or they will be forced lower the price back down. I strongly suspect it will be the latter.
sr. member
Activity: 448
Merit: 250
March 12, 2012, 03:47:15 PM
#33
Quote
We've read the forums, and after many conversations with customers, we have
decided to offer a 50% price reduction on the first 25 orders of the
LargeCoin C200 Integrated Mining Unit. To participate, please visit our
[2] order form if you haven't already, and give us your details. Someone
will contact you soon to arrange for your deposit to be placed into escrow
(now reduced to just $2,250).
I got that too. Now I really would buy if I had the funds on hand.  Cry

Same here.
I can come up with the deposit, but coming up with the remaining $12,750, that's another story entirely.
I'm not ruling out placing a deposit, however.
sr. member
Activity: 252
Merit: 250
Inactive
March 12, 2012, 03:43:06 PM
#32


I have to wonder if this is good business sense on behalf of Largecoin or just a tad bit of arrogance.

They've got big balls to charge nearly 2x ROI of other solutions on the assumption that consumers will base their purchase decision on BTC market conditions that might take 10 months to materialize.
All the while their customers losing in terms of opportunity cost rather than going with ready, more profitable solutions (that can be paid for in that term).

This rubs me the wrong way.  But good luck to LC and their customers.
vip
Activity: 166
Merit: 100
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
March 12, 2012, 03:26:17 PM
#30
First 25 units only?  Where will they be once that's done? 

This is still not making sense.

Are you saying they will raise the price after the first 25? I'm going to assume they will not do that. If anything it will be even lower in the future.
Here's hoping!
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