[PicoStocks] 100TH/s bitcoin mine [100th] - page 40.

TheSwede75

full member

Activity: 224

Merit: 100

Quote from: Andrey on September 16, 2013, 01:08:04 PM

Quote from: Bitweasil on September 16, 2013, 09:31:44 AM

The word you're looking for is "Buying opportunity."

thegenesisblock says it won't have dividends to cover the cost even for 0.07 per share. And idiots who buy asset which will cease to give dividends soon are a scarce resource.

TGB is a horrible calculator, unless you are stupid enough to believe in perpetually exponential diff increases.

Bitweasil

sr. member

Activity: 420

Merit: 250

Quote from: Andrey on September 16, 2013, 01:08:04 PM

Quote from: Bitweasil on September 16, 2013, 09:31:44 AM

The word you're looking for is "Buying opportunity."

thegenesisblock says it won't have dividends to cover the cost even for 0.07 per share. And idiots who buy asset which will cease to give dividends soon are a scarce resource.

Then you should sell.

Thegenesisblock, by default, assumes the exponential increase in rate increases forever.

If you genuinely believe the difficulty will increase 10B from May 2014 to June 2014 (10B being 100x the current network hash rate, in a month), then it's calculations are entirely reasonable.

I don't find that entirely likely.

But do the math yourself and figure out what you expect. Then buy or sell accordingly.

Andrey

hero member

Activity: 588

Merit: 500

Quote from: Bitweasil on September 16, 2013, 09:31:44 AM

The word you're looking for is "Buying opportunity."

thegenesisblock says it won't have dividends to cover the cost even for 0.07 per share. And idiots who buy asset which will cease to give dividends soon are a scarce resource.

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: Bitweasil on September 16, 2013, 09:31:44 AM

The word you're looking for is "Buying opportunity."

Or attemp to cause panic sell. There's no recent withdrawal from this account, so it's not a "urgent need of money" problem. There's also over 16 BTC ready to buy at lower price....
As you can see there's already big bid order. Maybe it's one user behind this two accounts. Big advantage (or disadvantage) of Picostocks is that you can see everything and easily track speculative moves.

Bitweasil

sr. member

Activity: 420

Merit: 250

The word you're looking for is "Buying opportunity."

Dexter770221

legendary

Activity: 1029

Merit: 1000

Someone was nervous

EDIT: shareholder with Wic8 end address fulfilled bids, she/he has over 3k shares. So it's marginal move, but there's so small amount of bids that caused significant price drop. IMHO, nothing unusual.

snowdropfore

hero member

Activity: 843

Merit: 1001

price0.07.wow ,WTF

tarmi

legendary

Activity: 1232

Merit: 1011

wow, price down to

0.07

bitbytes

newbie

Activity: 23

Merit: 0

Meanwhile the Bitfury private pool at http://ghash.io is over 170TH

Quote from: tarmi on September 14, 2013, 09:26:03 AM

give bitfury some time to design another 28 nm masterpiece. Grin

snowdropfore

hero member

Activity: 843

Merit: 1001

since we have a so bright future,why not change plan? I think reinvestment is a good idea.

Dexter770221

legendary

Activity: 1029

Merit: 1000

Hashrate dropped about 10TH. Comment?

Dexter770221

legendary

Activity: 1029

Merit: 1000

Quote from: tarmi on September 14, 2013, 09:26:03 AM

give bitfury some time to design another 28 nm masterpiece. Grin

Since he have working design, migrating it to 28nm shouldn't be a problem. Just add more cores to achieve resonable die area.
Problem may be to get proper funds to full mask at 28nm. Here may step up shareholders of 100TH mine but I think that this would require changes to bussiness plan.

tarmi

legendary

Activity: 1232

Merit: 1011

give bitfury some time to design another 28 nm masterpiece. Grin

tinyfox266

member

Activity: 67

Merit: 10

Quote from: snowdropfore on September 14, 2013, 08:45:50 AM

could we just not stop at 200TH？

Really hope so!!! How about reinvestment?

snowdropfore

hero member

Activity: 843

Merit: 1001

could we just not stop at 200TH？

yuchuanzhen

full member

Activity: 234

Merit: 100

Quote from: Transisto on September 14, 2013, 01:28:15 AM

Quote from: buzzdave on September 13, 2013, 11:50:03 PM

Not hardware, but optimizing will continue (swapping out bad cards, tweaking rigs, etc.) We want to run every rig at 400G, which would give us 65TH even now. More hardware deploys next week - I expect we'll surpass the original 100TH goal.

Current stats are low due to a little issue at the pool, resolved, no shares were missed.

Isn't the updated goal 200TH ?

He means next week..

Transisto

donator

Activity: 1731

Merit: 1008

Quote from: buzzdave on September 13, 2013, 11:50:03 PM

Quote from: Bitweasil on September 13, 2013, 07:14:24 PM

Quote from: buzzdave on September 13, 2013, 07:08:37 PM

Just hit 50TH!

\o/

Awesome!

Are people adding hardware over the weekend?

Not hardware, but optimizing will continue (swapping out bad cards, tweaking rigs, etc.) We want to run every rig at 400G, which would give us 65TH even now. More hardware deploys next week - I expect we'll surpass the original 100TH goal.

Current stats are low due to a little issue at the pool, resolved, no shares were missed.

Isn't the updated goal 200TH ?

goxed

legendary

Activity: 1946

Merit: 1006

Bitcoin / Crypto mining Hardware.

@1200TH you guys will single handedly control almost 1/9th of the network next week Wink

buzzdave

vip

Activity: 472

Merit: 250

Quote from: Bitweasil on September 13, 2013, 07:14:24 PM

Quote from: buzzdave on September 13, 2013, 07:08:37 PM

Just hit 50TH!

\o/

Awesome!

Are people adding hardware over the weekend?

Not hardware, but optimizing will continue (swapping out bad cards, tweaking rigs, etc.) We want to run every rig at 400G, which would give us 65TH even now. More hardware deploys next week - I expect we'll surpass the original 100TH goal.

Current stats are low due to a little issue at the pool, resolved, no shares were missed.

Bitweasil

sr. member

Activity: 420

Merit: 250

Quote from: buzzdave on September 13, 2013, 07:08:37 PM

Just hit 50TH!

\o/

Awesome!

Are people adding hardware over the weekend?

Topic: [PicoStocks] 100TH/s bitcoin mine [100th] - page 40. (Read 470140 times)