Post
Topic
Board Service Discussion
Re: http://www.pyramining.com/ - Discussion thread (no advertising here)
by
rdyoung
on 22/11/2013, 08:51:24 UTC
It is working for me. Queue size of 300H/s lol Grin

mine is 54.1MH/s at 2% complete
it says mine is going to take 177 months, thats 14 years! i cant wait 14 years for 140$ in bitcoins, is there a way to just quit.
Is not 14 years... Every months you must double this valuation


(until new hardware is ready)
http://bitcoinwisdom.com/bitcoin/difficulty
True, its been going up like a bat out of hell, but it can't do that forever.
Last increase was 19.29% and its looking like the next one will be 20.xx% so cross your fingers that we are seeing it level off.

Not going to happen anytime soon. Investing in this is fail.
2nd generation ASICs is coming
=topic=80845.msg3668972#msg3668972 date=1385076371]
It is working for me. Queue size of 300H/s lol Grin

mine is 54.1MH/s at 2% complete
it says mine is going to take 177 months, thats 14 years! i cant wait 14 years for 140$ in bitcoins, is there a way to just quit.
Is not 14 years... Every months you must double this valuation


(until new hardware is ready)
http://bitcoinwisdom.com/bitcoin/difficulty
True, its been going up like a bat out of hell, but it can't do that forever.
Last increase was 19.29% and its looking like the next one will be 20.xx% so cross your fingers that we are seeing it level off.

Not going to happen anytime soon. Investing in this is fail.
2nd generation ASICs is coming
[/quote]

If your referring to 28nm, its already here. knc is using it if I am not mistaken and cointerra should already be shipping.
The larger the network gets the more hardware you need to push it higher.
You also have to account for the older hardware being turned off as they stop being profitable. It won't be a large impact but it will counter some of the increased hashing power.