Quote from: Darkstone2 on March 02, 2014, 11:11:17 PM

Quote from: qwertyqwerty on March 02, 2014, 09:08:17 PM

nice tagteam work 'Darkstone2' 'Usman056' Roll Eyes

Take your accusations elsewhere.

Quote from: rdyoung on March 02, 2014, 09:27:52 PM

Quote from: Darkstone2 on March 02, 2014, 08:14:58 PM

Quote from: Usman056 on March 02, 2014, 06:48:32 PM

The graph of the dividend still goes to 0, it just takes longer.

IF the current difficulty trend continues (opinions vary, but i'm betting on it), between 5 and 7 month before the dividends of petamine dry out.

Trying not to reply to this but I can't help myself.
5 months out from now the estimated difficulty at 20% every 11 days will be 48.99Billion
That puts the network hashrate at approximately 360Petahashes to get another 20% on top of that we need to have 72Petahashes be brought online in the next 11 days.
Again, I bring up the question, how many foundries are stamping out asics for btc mining? How many companies are mass producing hardware?

There are about a dozen mining companies. Cointerra has stated that they produced and shipped about 1000 Terraminer IV's last month. That accounts for about 15% of todays growth, and they are still 'ramping up production'. None of the other companies have said anything usefully about production capacity.

As i said, opinions vary. There is a very strong growth trend which may break tomorrow. Or next year.

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I would never say that it is impossible that production has ramped that much by sept but its highly unlikely unless amd, nvidia or intel decide to start producing asics.

Intel? Yes. AMD and NVIDIA, no. The issue is not the amount of cash you can throw at it, but the production capacity. AMD and NVIDIA do not bake their own chips. And i would argue that AMD doesn't have the manpower to design mining ASIC's anyway.

Intel is a different story because they are one of the few companies left that have their own fab's to produce chips. Recently intel has given some non-competitors access to those factories (such as Altera FPGA's). But i don't think intel will allow miners to access their fabs.

That leaves samsung's fabs. I have no idea what samsung is doing.

Quote from: rdyoung on March 02, 2014, 09:29:26 PM

Quote from: Usman056 on March 02, 2014, 06:48:32 PM

Quote from: IamNotSure on March 02, 2014, 06:17:58 PM

Quote from: Darkstone2 on March 02, 2014, 06:00:57 PM

BDD offers 5GH/s @ BTC0.04260000 right now with absolutely zero hosting or reinvestment costs. This is far from 'the most cheap solution out there' (unless that was scarasm Wink

)

BDD (Bitcoin Difficulty Derivative) is a derivative (no dividend) and the lowest ask is ฿0.13311598 (where did you got the ฿0.0426 price?)

Maybe you are speaking of something else ?

sorry my mistake.. you were speaking of BDD.MINE

but, with no reinvest you got a graph going to 0

With PETA, the reinvest is supposed to offest the 'erosion' of the dividend.

The graph of the dividend still goes to 0, it just takes longer. i've stated it before, having 700 TH/s in three months from now basically the same thing as having the promised 230 TH/s now. Yeah when we eventually get that hardware in we will all get a boost of div, but everyone else will be getting hardware too... FML

Your conveniently leaving out the reinvestment.

There isn't anything to invest when your profits are in the negatives after factoring in electricity costs...

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Nice tag team indeed. Are you looking to purchase some more cheap shares?

I'm not buying shares in mining companies. I see them as insurance, the difficulty drops, shareholders win! The difficulty rises or hardware is delayed, shareholders lose. Meanwhile the hosting company always wins. That doesn't seem fair to me. The only 'fair' mining fund is BDD.

Full disclosure, i only own neo&bee shares.

BDD is a derivative not a mining fund, for the love of god stop talking about something which you know nothing about

infact, fuck it, put all your money in BDD.MINE and see what happens. anyone who thinks BDD.Mine will return more than CryptX shouldn't be legally allowed to invest their own money