BTC is still a buy at <$25k USD

The reason that I say this is as follows:

BTC is not a bubble;

tulips... the price was high because of hoarding, then people wizened up and realized that you can just grow more (infinite supply)
housing... supply was available, so artificial demand was created by lending to unqualified homebuyers, and supply increased, the buyers disappeared and defaulted

Bitcoin is finite, only legitimately creditable (though there is some argument about manufactured coin and current scheming (just make sure your shit is on the chain, I don't care if the kids all say "that isht is off the chain, yo" ... )

Bitcoin represents a paradigm shift of the world's wealth into the digital era, imagine if someone told you to 'just ignore that internet fad' back in 1995.  Netscape Who? ...

So, depending on who you ask, there is somewhere around $80T of 'currency' in the world (broad money), and somewhere around $200T of total global debt.  Without talking about narrow money, or it's implications on price, or getting into derivatives or other debt, let's just consider the broad money example.

Very oversimplified math goes as such:  If just ONE PERCENT of this $80T USD moves into Bitcoin, we have a nominal value of $38,095/BTC.  Let that sink in.

Narrow money is about $29T, so if 1% of that moves over, yields a $13,809 coin, so that's about where we are at now, and institutional money is coming.

BTC will not be the only crypto into which this wealth flows, but I believe that it will be one of the few that sustains and continues to set value.  Does anyone believe that a 1% adoption rate is where this 'fad' will stop?  How many people used the internet in 1990?  1995?  Today?

In wallet we hodl.

Cheers!

21 million bitcoins total supply, 1% of just the broad money moves in, ~$40k coin...so yes, a ~$10k coin is still a buy, and should be for most people.  That said, there may be some bumpy territory getting there.  

Well there you go!  Thanks   Never meant to imply that anything nefarious was taking place, wizkid is on the up an up.  We have lots of hash and we love it, here; bad luck periods notwithstanding.

The 4.5 might have been a portion of donations or whatnot being cashed in for server fees or other AP who do not accept bitcoin, but that's even more speculation.

If everyone in the pool donates what we do (which is unlikely) then 4 coins is ~2 weeks donations, I wager that it's way less than that and that on average the donations aren't a third of what I'm calculating, so that may have been a month or more payment for servers, bandwidth, etc...

Perhaps some anti-terrorism / extortion measures put into place to protect the pool!

Looks like that 4.5 BTC was 100% funneled into a wallet that has had over 19k BTC pass through, and is sitting with 4,200 BTC in it.  Odd.

Are you able to measure your draw with that stepped up supply?

Yes, assuming you have a UPS account of any appreciable volume, their post entry department should handle the customs claim for you, though there is a very limited window in which to file it, and as mentioned, time frames for recovery can be long, think next calendar year and don't count on the funds.  

The correct HTC for miners should be:

8471.41.0150

Which is:

8471
Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included.

41
Comprising in the same housing at least a central processing unit and an input and output unit, whether or not combined.

50
Other


Also not dutiable, but that doesn't mean that they wont take it up front, and dealing with UPS' post entry department makes SCOTUS decisions look rapid.

Thanks wizkid057.  Due in part to the skyrocketing difficulty making solo mining less viable, share issues, and the desire to keep the little guy alive, we have been throwing a bunch of hash back this way, and with appropriate donations that are still less than other for profit pools with (somewhat unrealistic) hope for the future!

Cheers all!  It's been a bumpy ride, but we're still here

I wager the data sheet published for these 1385 chips was not based on nominal chips but exceptional chips and perhaps some exaggeration.

IIRC I don't think we've seen a unit come in at spec, but I can't say I've ready EVERY post on the S7's.

My units are exceptional 4.86 rock solid B1's and I'm excited to see what they can do once warranty is up, and closer to ROI.

An associate has several he's been clocking at 625mhz since day one and they still have .00xx HW rates, when he clocked them higher, HW rates suffered and the hash did not increase.
All the empirical evidence so far points to the released performance data being slightly in-accurate.

Has anyone (novak / sidehack) gotten any raw 1385's to play with?

P.S.  I just noticed that... IF the 1385's were producing 30 gh/s instead of 32.5 gh/s...

162 Chips @ 30gh/s = 4860

+8.4 = Questor

Unlikely,  as even the "gems" of the S7 world start to lose hash and see increased HW errors above 625.

The best way to think about this would be that the batch sevens are "factory overclocked"

4.86 models selling for $3200 USD on e-Bay! 

It sucks that your time got sucked by timesucking suckers.

THIS is why we donate, folks. 

Yes, it's a scam, the equipment doesn't exist.

 

This was explained earlier in the thread, I believe that it is a ground which is tied into the existing system to the metal portions (wires & sheathing) of the duct for additional safety from any static or other electrical damage, a wise idea when there is an 8 BTC machine in there!

I cannot be happy about larger jumps, but can be happy for tss for the pick on this round!

Cheers!

Thank you for the reply!  So, I replaced the capacitor, but the board still does not hash     All ASIC's show 'oooooooo' in the status, but the hashrate is zero, I would have expected to see oooo--oo  or ooooxxoo or whatnot...

Is there a way to bypass what may be the dead ASIC's without overly affecting the rest of the chips / voltages on the boards?

Has anyone managed to effect a repair on hashboards where this part has burned?

I have in front of me an S5 which obviously burned in this manner, on each hash board the third (R to L on top row) 2v 330uf cap is burned to white powder on top, and on one of the boards the second one has started to go as well.  I'm also measuring low resistance on the 4.99 Ohm Chip resistor above each of the badly burned caps but the resistor on the half burned capacitor is testing nominally.

Any other components to check before replacing the caps / resistors?  It seems that if a 2V cap fried this badly, there surely must be damage to the ASIC pair around it, but perhaps these are miracle boards...?

Anyone who has worked on these please chime in with any thoughts or advice. 

Cheers!

P.S. if anyone has digi or mouser part #'s that would be great.  I saw J4bberwock posted a 4v part which should be fine, but if anyone has the exact #'s it is appreciated!

I keep expecting that too, but I'm wondering if like a lot of us, even the big players are maxed or close to maxed on power consumption and have to take some amount of equipment offline to put newer stuff on, so instead of seeing massive spikes, we're seeing a slow crawl with higher efficiency backing it.

It's an interesting ride right now!  I saw an S7 sell on eBay for >$2900 USD!  Crazy pricing ATM. 

Please read back over the thread, even just a few posts back, NMC payouts are sporadic and manual, also they amount to pennies.  Don't worry too much about your NMC payouts, just be happy wizkid offers it and be happy when you get a few.