Search content
Sort by
Showing 11 of 11 results by aststa
What do you think is the near future of bitcoin mining ??
As of my perspective of view the bitcoin will die when dhe difficulty rise above any profit unles the code for hashing will be in some way modified to allow further profitable mining.
When you look back what was the exchange rate for btc befor fpga came in the game ? A few bucks per btc. It was nearly not worth to mine and spend the money for electricity.But the reward for succesfully hashed block was 50btc and everyone was able to buy couple of GPUs and start mining. Ofcourse who wanted the real big money than he needed to make real investment . Asa same as it is now with that diferents that when u desided to mining in biger scale with gpus u just went to the next store an bough some of gpus.
Today when u deside to doo mining in bigher scale u need pre order equipoment u will get at best in 90 days and u r happy that you got it or at worst case scenario u get scamed and the seller runs with you money and you never see them again.
So at thees days it is more risky than it was a year ago.
. Now for next four years we have 25btc for succesfully calculated block .But the exchange rate rised at his highest point nearly to 200 bucks per btc (saw it somewere but cant find a reliable source for the highest rate) anyway the exchange rate waries now at 90-100 bucks per btc.And thhis was caused by asic technology entered the mining. It was again profitable to mine btc. At the begining the manifackturers where seling th e mashines for dollars only . But affter they realized that if they realy want to make profit and sell their produckt th ey need to use btc . They realized that when ppl will need btcoin then there will be also demand for mashines that can mine btc with high profitability and then for ppl need to buy the new asics to stay profitable or even get rich . But as more asic mashines r added to the computin power of all units in to system, the difficulty rise above and byond the scale . There r lot of prediction out there that says that with all the power that is going to be deployed to the system by wariouse well known manufackturers and some new and some diy projeckts the difficulty will explode the scale.
The manufackturers r now seling mashines with significant profit so they have room to lover theyr prices for the future or just sell more powerful mashines for the same price.
But there will be an end , some prediction say that to the end of 2014 or even earlier the difficulty rise so high than not even the pools can get any profit out of the mining.
So maybe then we will need a new eqiwalent to wat bitcoin is now.
That prob means new mashines or to reset btc to point zero as this is or bether sed this was in the history the way how to save economy befor the selfdestuction.
What is the next step in technology to succefuly continue the btc ´mining.
When asics reatch their limits do we return back to fpga ? The fpga as known can use nearly any algorytm without changing hardware .Where todays asics miners can only be used to hash bitcoin.
As of my perspective of view the bitcoin will die when dhe difficulty rise above any profit unles the code for hashing will be in some way modified to allow further profitable mining.
When you look back what was the exchange rate for btc befor fpga came in the game ? A few bucks per btc. It was nearly not worth to mine and spend the money for electricity.But the reward for succesfully hashed block was 50btc and everyone was able to buy couple of GPUs and start mining. Ofcourse who wanted the real big money than he needed to make real investment . Asa same as it is now with that diferents that when u desided to mining in biger scale with gpus u just went to the next store an bough some of gpus.
Today when u deside to doo mining in bigher scale u need pre order equipoment u will get at best in 90 days and u r happy that you got it or at worst case scenario u get scamed and the seller runs with you money and you never see them again.
So at thees days it is more risky than it was a year ago.
. Now for next four years we have 25btc for succesfully calculated block .But the exchange rate rised at his highest point nearly to 200 bucks per btc (saw it somewere but cant find a reliable source for the highest rate) anyway the exchange rate waries now at 90-100 bucks per btc.And thhis was caused by asic technology entered the mining. It was again profitable to mine btc. At the begining the manifackturers where seling th e mashines for dollars only . But affter they realized that if they realy want to make profit and sell their produckt th ey need to use btc . They realized that when ppl will need btcoin then there will be also demand for mashines that can mine btc with high profitability and then for ppl need to buy the new asics to stay profitable or even get rich . But as more asic mashines r added to the computin power of all units in to system, the difficulty rise above and byond the scale . There r lot of prediction out there that says that with all the power that is going to be deployed to the system by wariouse well known manufackturers and some new and some diy projeckts the difficulty will explode the scale.
The manufackturers r now seling mashines with significant profit so they have room to lover theyr prices for the future or just sell more powerful mashines for the same price.
But there will be an end , some prediction say that to the end of 2014 or even earlier the difficulty rise so high than not even the pools can get any profit out of the mining.
So maybe then we will need a new eqiwalent to wat bitcoin is now.
That prob means new mashines or to reset btc to point zero as this is or bether sed this was in the history the way how to save economy befor the selfdestuction.
What is the next step in technology to succefuly continue the btc ´mining.
When asics reatch their limits do we return back to fpga ? The fpga as known can use nearly any algorytm without changing hardware .Where todays asics miners can only be used to hash bitcoin.
I say that altcoin mining is way better than bitcoin mining because GPUs can be used for many things and it does not require such a huge investment
Sup everyone. I'm from NYC. Sort of new to BTC. I've herd about it in passing but had no idea how hard it would actually be to get just a couple of coins lol. I'd like to buy at least 2, off of one of the trusted members/vendors here just to get my feet way.
Peace
Peace
Make sure and use escrow even if you think you are trading with a trusted member. Also, I would highly recommend JohnK escrow as he is highly trusted to reduce your risk of being scammed
These restrictions suck ass. I would have needed to post an urgent message to vircurex thread about deposits not appearing. Ok lets wait for 4 hours till I get to discuss about this in proper thread... There seems to be in the rules that I need to type several sentences to qualify as as "not bot". So lets edit and add some more sentences to make sure to meet the requirements. Garbage...
You may think that they suck ass, but in reality they are for your own good. While in some cases they may be harmful they are usually help people I think that was the logic used
I bought a coin in eBay, and it has many fingerprints on it 
what is the best way to clean it? It is a gold plated coin
what is the best way to clean it? It is a gold plated coinI read somewhere that vinegar works as well, but make sure and be careful, don't want to ruin it
Hello everyone and Good High noon,
I m interested in buying bitcoins and found already my future trader of trust (AnonX, the guy looking a bit like Mr. Durden), who is accepting netteller, various poker sites etc.
As I m a noobie, I can t pm and,or post in his quite freuquently bumped thread. Could someone connect me with him or let me know how many post i need to become trustworthy enough?
Catch ya all later (on shiny silky roads
)
I m interested in buying bitcoins and found already my future trader of trust (AnonX, the guy looking a bit like Mr. Durden), who is accepting netteller, various poker sites etc.
As I m a noobie, I can t pm and,or post in his quite freuquently bumped thread. Could someone connect me with him or let me know how many post i need to become trustworthy enough?
Catch ya all later (on shiny silky roads
)There is no exact pose count required to become trustworthy. Just try to make some small trades to start out with and make sure and make posts which actually contribute something and you will build rep across time.
Where is TRC? i had sum, are they refunding? what da f#k 
Just contact them directly or you can PM bigvern on the forums, I think he is the admin
Greetings,
Born to be Creative.
Born to be Creative.
Have fun, make sure and read the entire forum thoroughly or research anything before you ask questions. People don't like to answer things that can be found elsewhere
Re: OK so it took me 30 minutes to figure out I could only post here
Despite being a child of the 80's and an avid Web 1.0 user, I think I have become too spoilt by slick responsive web based UI's .
This forum hurt my brain entirely. I was tearing my hair out looking for the new thread & reply buttons and the help page offered me no love.
But alas, here I am.. a submitter at last to the newbie section of this forum... and all i have to say here is...
Hi
. This forum hurt my brain entirely. I was tearing my hair out looking for the new thread & reply buttons and the help page offered me no love.
But alas, here I am.. a submitter at last to the newbie section of this forum... and all i have to say here is...
Hi
Welcome and next time read the terms of agreement you agree to (it said where you could and could not originally post)