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Topic: Who's excited about the difficulty drop? (Read 3619 times)

full member
Activity: 182
Merit: 100
August 08, 2011, 04:32:56 PM
#31
Nice logic...  I'm sure people are running to add capacity to the network now that it's going to drop 8%...  Who cares that the price of bitcoins has fallen like 30% since the last difficulty.  You can get more coins now!!!  They aren't worth as much as before the difficulty started dropping, but still... More coins!!!
I'm not going to add any more miners for awhile but If you think bitcoins is going to be successful in the long run there's nothing wrong with this thinking. Just don't expect good profits short term.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
August 08, 2011, 04:23:18 PM
#30
I would think that as people see the difficulty dropping, some will likely take advantage of that and order more GPU's, which would then probably cause a small increase on the next retarget.

Nice logic...  I'm sure people are running to add capacity to the network now that it's going to drop 8%...  Who cares that the price of bitcoins has fallen like 30% since the last difficulty.  You can get more coins now!!!  They aren't worth as much as before the difficulty started dropping, but still... More coins!!!
newbie
Activity: 29
Merit: 0
August 08, 2011, 04:13:36 PM
#29
woot! i just started. but the prices are really crappy and if they continue i see the diff dropping more. isn't price supposed to follow diff?
member
Activity: 97
Merit: 10
August 08, 2011, 03:05:48 PM
#28
It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse.  Will someone please think of the polar bears.



stop mining you are killing him

Haha that picture was awesome. Thanks.
sr. member
Activity: 258
Merit: 250
August 07, 2011, 09:43:30 PM
#27
Quote
Ethical questions aside, excellent avatar sir.

besides quiting mining, I'm going to have to ask you to ignore and forget you have ever seen his avatar, thank you.


I don't even remember what an avatar is.
sr. member
Activity: 476
Merit: 250
moOo
August 07, 2011, 01:00:51 PM
#26
Quote
Ethical questions aside, excellent avatar sir.

besides quiting mining, I'm going to have to ask you to ignore and forget you have ever seen his avatar, thank you.
sr. member
Activity: 258
Merit: 250
August 07, 2011, 11:06:25 AM
#25
better use those kilowatts for powering mining equipments.

Ethical questions aside, excellent avatar sir.
sr. member
Activity: 518
Merit: 250
August 07, 2011, 05:06:26 AM
#24
noticed the network has recently dipped below 11thash/s and the graph is generally heading down.... bye bye part timers :-)
full member
Activity: 129
Merit: 100
August 07, 2011, 02:43:39 AM
#23
It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse.  Will someone please think of the polar bears.



stop mining you are killing him

nice picture ^^

Nice? That's one of the saddest things I've seen. That poor bear...


And it's unlikely many people will just stop mining. As long as theres a little trickle of profit.. there will be mining for it.
full member
Activity: 210
Merit: 100
August 07, 2011, 02:10:13 AM
#22
It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse.  Will someone please think of the polar bears.



stop mining you are killing him


Hmmm...I wonder what Polar bear tastes like.  I bet its got a gamey, fishy kinda taste.
legendary
Activity: 1764
Merit: 1006
August 06, 2011, 10:17:54 PM
#21
better use those kilowatts for powering mining equipments.
member
Activity: 184
Merit: 14
August 06, 2011, 10:04:03 PM
#20
no one gives a shit about animals. They're not important like video cards and power supplies.

power supplies like video cards, need a period of resting to perform at optimal efficiency. Some say if you let them cool down for 2 weeks by keeping them off and in your freezer, you will get 3x the hash rate for a month.


I would try it but i care about polar bears
Yeah, and so do cinder blocks, and door stops. I have an industrial freezer for orange traffic cones.

Also, freezers are terrible for polar bears because they use kilowatts of energy.
member
Activity: 70
Merit: 10
August 06, 2011, 10:02:30 PM
#19
no one gives a shit about animals. They're not important like video cards and power supplies.

power supplies like video cards, need a period of resting to perform at optimal efficiency. Some say if you let them cool down for 2 weeks by keeping them off and in your freezer, you will get 3x the hash rate for a month.


I would try it but i care about polar bears

The following "Great minds" are currently rolling in their collective graves due to your comment.

Albert Einstein
Nikola Tesla
Georg Simon Ohm
Sir Issac Newton

forgetting anyone?

Thaddeus S. C. Lowe?  How about J.B. Sutherland?
member
Activity: 100
Merit: 10
August 06, 2011, 09:56:12 PM
#18

power supplies like video cards, need a period of resting to perform at optimal efficiency. Some say if you let them cool down for 2 weeks by keeping them off and in your freezer, you will get 3x the hash rate for a month.

This is really real.  My cousin's aunt's nephew did it to their video card and it got an extra 150 MH/s!
sr. member
Activity: 406
Merit: 250
QUIFAS EXCHANGE
August 06, 2011, 09:37:35 PM
#17
no one gives a shit about animals. They're not important like video cards and power supplies.

power supplies like video cards, need a period of resting to perform at optimal efficiency. Some say if you let them cool down for 2 weeks by keeping them off and in your freezer, you will get 3x the hash rate for a month.


I would try it but i care about polar bears

The following "Great minds" are currently rolling in their collective graves due to your comment.

Albert Einstein
Nikola Tesla
Georg Simon Ohm
Sir Issac Newton

forgetting anyone?
sr. member
Activity: 476
Merit: 250
moOo
August 06, 2011, 09:20:43 PM
#16
no one gives a shit about animals. They're not important like video cards and power supplies.

power supplies like video cards, need a period of resting to perform at optimal efficiency. Some say if you let them cool down for 2 weeks by keeping them off and in your freezer, you will get 3x the hash rate for a month.


I would try it but i care about polar bears
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
August 06, 2011, 08:38:17 PM
#15
no one gives a shit about animals. They're not important like video cards and power supplies.


This...
member
Activity: 184
Merit: 14
August 06, 2011, 08:26:30 PM
#14
no one gives a shit about animals. They're not important like video cards and power supplies.
sr. member
Activity: 476
Merit: 250
moOo
August 06, 2011, 08:12:39 PM
#13
Quote

kid was probably a miner. now it is getting dangerous to mine as the polar bears are getting pissed off at being wet all the time
member
Activity: 78
Merit: 10
August 06, 2011, 08:08:14 PM
#12
It's still profitable, at least for most people in US paying 11 cents per watt. I see no reason to stop mining.

Shut your mouth and besides you are making global warming worse.  Will someone please think of the polar bears.



stop mining you are killing him

He had it coming

http://planetsave.com/2011/08/06/polar-bear-kills-teenage-boy/
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