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bitcoins are too mainstream
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gogodr
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PostPosted: Tue Oct 02, 2012 8:24 am    Post subject: Reply with quote

Oh, I see.

well it is about 200$ to get one here.. any idea on the shipping day?

even if the difficulty goes *100 it can still pay itself in a couple of days
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Brolock
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PostPosted: Tue Oct 02, 2012 8:29 am    Post subject: Reply with quote

I dont know the exact date, their site just says this month
and yeah, it would definitely pay for itself after a while.
if I were you id buy or mine a bitcoin before they come out, in case they go up in price when they release those things
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gogodr
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PostPosted: Tue Oct 02, 2012 8:33 am    Post subject: Reply with quote

well, if its this month then I'm totally buying one.

edit:

oh, its next month : "Initial product delivery is scheduled for November. "
---

I'll buy one this week.
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Brolock
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PostPosted: Wed Oct 03, 2012 11:25 am    Post subject: Reply with quote

and with some changes (miner, intensity, overclocks) my 6870 went from 150 Kh/s to 300 Kh/s
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gogodr
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PostPosted: Wed Oct 03, 2012 11:44 am    Post subject: Reply with quote

http://bitcoinx.com/profit/index.php
use that and see if it is worth it.

with the jalapeño thing it is worth it.
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Brolock
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PostPosted: Wed Oct 03, 2012 11:57 am    Post subject: Reply with quote

ltc is a bit better than btc right now, and its assumed that they will go up in price. theyre all just estimates, but it seems like a fair idea that LTC will be worth more than it currently is eventually, and btc will become harder for a gpu to mine once thos ASIC chips like the jalapeno comes out, but the ASIC chips wont work on ltc, so ltc is going to be more stable (for these next few months)
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gogodr
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PostPosted: Wed Oct 03, 2012 12:29 pm    Post subject: Reply with quote

I don't get it..
I just used your calculator and this jalapeño thing looks way too good to be true...

I raised the difficulty to 1100

and still had a 200$ profit per day

if it goes up to 11000

it pays itself in a month.

idk.. it looks like when this things get introduced in the market , normal ppl will no longer stand a chance to get bitcoin or anyone with one of this supercomputers will get rich in days.
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Clifford
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PostPosted: Wed Oct 03, 2012 12:40 pm    Post subject: Reply with quote

gogodr wrote:
I don't get it..
I just used your calculator and this jalapeño thing looks way too good to be true...

I raised the difficulty to 1100

and still had a 200$ profit per day

if it goes up to 11000

it pays itself in a month.

idk.. it looks like when this things get introduced in the market , normal ppl will no longer stand a chance to get bitcoin or anyone with one of this supercomputers will get rich in days.


My speculation is that the price will drop or get way more difficult.

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gogodr
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PostPosted: Wed Oct 03, 2012 1:28 pm    Post subject: Reply with quote

Sam³ wrote:
gogodr wrote:
I don't get it..
I just used your calculator and this jalapeño thing looks way too good to be true...

I raised the difficulty to 1100

and still had a 200$ profit per day

if it goes up to 11000

it pays itself in a month.

idk.. it looks like when this things get introduced in the market , normal ppl will no longer stand a chance to get bitcoin or anyone with one of this supercomputers will get rich in days.


My speculation is that the price will drop or get way more difficult.


my thoughs are taking in consideration both sides.
with people getting Khashes/s and other getting Ghashes/s in order to control the people getting Ghashes/s it will be nearly imposible for the other to get any kind of coins.
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Brolock
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PostPosted: Wed Oct 03, 2012 2:04 pm    Post subject: Reply with quote

gogo stop confusing bitcoins and litecoins, they use different methods, the jalapeno will not work on litecoins.

Theres already people out there with bitcoin mining rigs get well over what the jalapeno provides, and there its still possible for normal people to get bitcoins by mining. a problem right now is botnets, and a way to prevent them is with these ASIC chips, and if we the people do not buy these chips , THEN there will be large companies that produce them and strictly use them to mine.
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gogodr
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PostPosted: Wed Oct 03, 2012 2:59 pm    Post subject: Reply with quote

jalapeño will not work on litecoins?
their machines use cgminer which is what I use for litecoin...

and I have yet to see another rig that can go over 1GH/s with less than 200w of consumption
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Brolock
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PostPosted: Wed Oct 03, 2012 3:18 pm    Post subject: Reply with quote

gogodr wrote:
jalapeño will not work on litecoins?
their machines use cgminer which is what I use for litecoin...

and I have yet to see another rig that can go over 1GH/s with less than 200w of consumption
more than likely it will not work, and if it does it still wont be very effecient, litecoins utilize memory while bitcoins do not

Quote:
There is a danger that some entities would make a large one-time investment in ASICs to outcompete GPUs, thereby centralizing the mining aspect of the Bitcoin network, i.e. the market entry costs for Bitcoin mining would become too expensive for most people (this assumes that the objective of those entities isn't to sell their ASICs on the market). The scrypt algorithm used by Litecoin ensures that lots of memory is needed per hash attempt, basically by using the input as a seed to fill a large amount of memory with a pseudorandom sequence, and then using another seed derived from the input in order to access this sequence at pseudorandom points while generating the output hash. Since memory is the resource of general-purpose computers which is the most expensive to reproduce for ASICs (in particular it's more expensive than ALUs), this means that a one-time investment in ASICs for Litecoin mining would be much more expensive [1]. The memory size parameter of scrypt was selected (originally by ArtForz and Lolcust) to fit into 128kB, so that it'd only hit the L1/L2 cache and leave the L3 cache and the RAM alone. This means that it's possible to mine litecoins without affecting system responsiveness, and without affecting the GPUs speed in case the same computer also mines bitcoins, while still requiring a significantly large amount of memory per hash attempt.


who knows though, even on the bitcoin forum where people know A LOT more than I do, they're all just speculating as well, so we'll just have to wait and see.
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Brolock
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PostPosted: Wed May 15, 2013 4:29 am    Post subject: Reply with quote

I TOLD YOU GUYS
I TOLD YOU
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Selrahc
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PostPosted: Wed May 15, 2013 4:32 am    Post subject: Reply with quote

get told faggots
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Up2Admin
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PostPosted: Wed May 15, 2013 5:22 am    Post subject: Reply with quote

Brolock wrote:
I TOLD YOU GUYS
I TOLD YOU
tl;dr thread but what did you tell everyone?
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