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Showing 20 of 142 results by bitman442
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Topic OP
Mine with 3 cards but game on 2?
by
bitman442
on 22/11/2013, 01:23:57 UTC
Pretty sure I already know the answer but just wanted to verify. If I have 3 identical cards in my system but only 2 bridged together, will that allow me to mine on all 3 but only use 2 in crossfire when gaming? I've never had a good experience with tri-fire so I want to stay away from it. Thanks.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 17/09/2013, 14:06:22 UTC
Since we're just tossing out random numbers, I'm holding out for 1nm chips. Hopefully by next week.
Post
Topic
Board Mining (Altcoins)
Re: Best AGP ATI card for mining
by
bitman442
on 17/09/2013, 14:03:54 UTC
I have a suggestion. Since it is entirely pointless to mine with such ancient hardware, why not use the wasted cycles for something beneficial like folding@home?
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: R7970 TF 3GD5/OC BE - 3GB MSI Radeon HD 7970 Twin Frozr III/OC Boost Edition
by
bitman442
on 08/09/2013, 15:16:22 UTC
This will consume around 250watts just for the card and will hash 650KH/s on most settings.

And if you have a low power cpu it will total around 320watts including the Hard Drive and Ram.

So if you're planning to mine ASAP, just first compute your power rates and also consider in looking for 2nd hand cards to lessen the cost. You can see here in the forums selling their mint 7950 for .5 BTC.

Hope this helps you.

P.S.  $0.25/KwH is your breakeven point.

Where can you find them that cheap? I would be extremely happy seeing as how that's like 1/3 of retail value. You did mean 7950 and not 7850 right?
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 29/08/2013, 11:36:41 UTC
New Blades?! And .2 BTC USBs!


[OPEN] batch #23/24 ASICMiner USB + NEW Blade miners
https://bitcointalk.org/index.php?topic=283458.0

New blades are up for sale and nobody seems to notice/care? That seems odd... especially given the 4 BTC price on them.

no pictures, no interest. Only vague info - USB capable, not overclockable. We knew this already.

I'm waiting for more info. also, but the 4 BTC price point is worth noting at least. Nobody knew the pricing otherwise.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 29/08/2013, 11:22:54 UTC
New Blades?! And .2 BTC USBs!


[OPEN] batch #23/24 ASICMiner USB + NEW Blade miners
https://bitcointalk.org/index.php?topic=283458.0

New blades are up for sale and nobody seems to notice/care? That seems odd... especially given the 4 BTC price on them.
Post
Topic
Board Group buys
Re: [Group Buy] Cointerra 2TH/s Miner
by
bitman442
on 29/08/2013, 03:19:17 UTC
Why would anyone think this was a scam? You have made a whole 8 posts and have 0 trust. How would anyone know they can trust you? Do you have any references or experience hosting mining equipment? Not trying to be a jerk but nobody is going to take you seriously unless you put a little more effort into it.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 22/08/2013, 14:28:51 UTC
ANYONE concerned with how much money the company is PAYING in dividends is not thinking properly.

The amount the company PAYS in dividends is irrelevant to the value of the company. The relevant values are how much the company EARNS, and how the company is run/reinvests in itself.

(Unless you don't trust Friedcat, in which case you should not be investing at all).

Earnings aren't much lower than normal. All of us should be hoping that Friedcat will reinvest the lion's share of the capital in getting to the better chips faster. Because that is how the company will thrive long term. Dividends are just a perk and a distraction for any serious long term investor.

Exactly. I think most shareholders are more than willing to sacrifice part of their divs for R&D, but we kneed to know when it's happening or people just start assuming that a low div. equals Asicminer going down in flames. On the bright side though, it gives us a chance to buy up some cheap shares!
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 21/08/2013, 16:27:17 UTC
any idea if in the future am can get back to 4.3+ per share?
maybe by december time?
anyone think this is possible?

They have franchise mining offer plans, that will keep AM on top again. I'm guessing within this year.

I agree, fixating on mining alone is very near sighted IMO. Then again, most of the bitcoin community completely ignores anything past 2 weeks out.
Post
Topic
Board Trading Discussion
Re: Best practices for storing BTC safely
by
bitman442
on 15/08/2013, 11:06:52 UTC
Not trying to be a jerk, but this has been answered a million times and there are step by step guides all over the place that will give you a better answer than what you will get in this thread. Do a Google search and then if you have a specific problem or you can't figure something out, come here and ask. You will get more help that way.
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Topic
Board Securities
Re: [HAVELOCK] [AM1] ASICMINER Full-Share PT - No Mgmt Fees! Import/Export!
by
bitman442
on 12/08/2013, 18:59:07 UTC
WTF is going on with Havelock? The site keeps going down and nobody seems to mind. If it's maintenance then someone should just tell us. Hearing nothing makes me want to pull out all of my BTC and hoard it.

We're as frustrated as you are.. and we're working to find the cause of the issue thats been happening lately.. it is NOT a problem with any of our servers or direct infrastructure, but appears rather to be a networking issue upstream somewhere.



That makes me feel much better, thank you and sorry for "freaking out". I just realized that you guys have a Twitter feed, following it now.
Post
Topic
Board Securities
Re: [HAVELOCK] [AM1] ASICMINER Full-Share PT - No Mgmt Fees! Import/Export!
by
bitman442
on 12/08/2013, 10:45:15 UTC
WTF is going on with Havelock? The site keeps going down and nobody seems to mind. If it's maintenance then someone should just tell us. Hearing nothing makes me want to pull out all of my BTC and hoard it.
Post
Topic
Board Hardware
Re: Official ASICMINER Hardware Information
by
bitman442
on 10/08/2013, 14:28:05 UTC
Has anyone confirmed that the new blades will be USB? I've heard rumors but not seen anything official.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 10/08/2013, 00:36:30 UTC
Anyone else unable to access Havelock?
Post
Topic
Board Computer hardware
Re: Selling my 3x Jalapeno
by
bitman442
on 09/08/2013, 17:05:30 UTC
what were your pay dates for those orders? And also, are you selling 2 or 3?
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 09/08/2013, 11:56:17 UTC
Great timing with the announcement, a 50% jump in share price seems like a fitting anniversary present.
Post
Topic
Board Pools
Re: What's going on with Deepbit? Site not loading
by
bitman442
on 02/08/2013, 12:58:56 UTC
Maybe it's because you're one of the last 3 people still mining on Deepbit lol. Seriously though, I stuck with them for a couple years and when I switched to Slush's pool I started getting about 10% more BTC with the same speed at the same difficulty....
Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
bitman442
on 22/07/2013, 11:03:13 UTC
As previously announced, I have been working on a series of spreadsheets that will allow investors to view all information pertaining to LabRatMining and how the Bitcoin network and exchange rates affect the company.

This spreadsheet was developed to add some clarity to the previously vague "Minimum of 100MH/s per bond."

I have taken into account all variables involved except reinvestment by the company as this quantity will vary over time.  There are fixed costs involved in hosting the equipment as well as variable costs that will determine the amount that will be reinvested.

Below is some data that has been calculated given a scenario based around the following assumptions:
-BTC/USD = $90.00
-Expected Difficulty at the time of hardware deployment = 45,000,000
-The period of time you wish to measure in weeks = 26
-The percent increase in difficulty per adjustment = 14

Total hashrate in TH for LabRatMining given bond sales
6.9 @16,500 bonds sold
8.4 @20,000 bonds sold
13.5 @30,000 bonds sold
18.6 @40,000 bonds sold
24.1 @50,000 bonds sold
29.5 @60,000 bonds sold
35.3 @70,000 bonds sold
41.2 @80,000 bonds sold
47.3 @90,000 bonds sold
53.5 @100,000 bonds sold

Individuals hashrate per bond based on bond sales
313.86 @16,500 bonds sold
314.34 @20,000 bonds sold
337.22 @30,000 bonds sold
348.65 @40,000 bonds sold
360.86 @50,000 bonds sold
369.05 @60,000 bonds sold
378.71 @70,000 bonds sold
385.96 @80,000 bonds sold
394.57 @90,000 bonds sold
401.48 @100,000 bonds sold

Price per GH at given bond purchase price according to bond sales
Average of $42/GH/s (hosting and electric included.)

Profitability
Average returns to be expected are likely to be in the range of 70-90% above and beyond the initial investment over 26 weeks.

Difficulty Projections
In this calculator I have included the ability to use differing assumptions to estimate difficulty over 26 weeks.  These values are included in formulas that may be used to estimate returns.

This calculator is complex and therefore comes with a README that can be used to explain the data and formulas.

This spreadsheet was made using Excel.  You may download the spreadsheet to allow for input of your own assumptions.  The fact that these were produced using Excel may cause some individuals to not have access to using the full potential of this calculator, but Google Docs has a built in spreadsheet viewer that will give you the full information based on the assumptions above.

Here is the link to access the complete spreadsheet and README: https://drive.google.com/folderview?id=0BwZCh0jtSZkwR1A4RS04TkNUcVU&usp=sharing
Because you have stetted a price gap ,there are little hope you will sold your bonds above 0.15...

anyway, the calculation above isn't the same , for example : you said 16500 sold would be 6.9 TH in total. which should be equivalent to 418M/M h per bond.
but you stated that individual bond has 318.86/Mhash. and the term of 100M/hash rate bond which originally you stated in the contract  now become 300M/hash rate.(Is that you manage your contract by just  typing it like whatever you like to?)

So you believe that 100% of all profits made by LRM should be equally distributed amongst the bond holders? Lab Rat isn't running a charity, it is a business. Not to mention all of the other overhead costs and his time investment associated with hosting a large scale mining farm.
Post
Topic
Board Securities
Re: Lab Rat Data Processing, LLC (LabRatMining) Official Announcement
by
bitman442
on 18/07/2013, 19:25:18 UTC
I do not understand why everyone is fixated on the initial 100 Mh/s estimate. It is an estimate of the initial hashrate per share and will grow just as Asicminer's does/has albeit probably not at the same rate. When I first looked into Asicminer everyone was screaming about how only an idiot would buy into something that gets you around 56 Mh/s per share (if my memory serves me correctly). I'm sure glad I was one of those idiots.
Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
bitman442
on 17/07/2013, 18:10:20 UTC
anyone else having a problem with not seeing the dividend pmt in their wallet?  i can go to blockchain and verify that it is there, but my wallet isnt picking it up.  i just withdrew some btc from cryptsy to see if there was a problem with my wallet, but that BTC showed up within 10 sec of transfer.  any ideas?

Is your dividend also in this transaction?

https://blockchain.info/tx/6b1420da8b99a99e00eb808cf37ae89284ec9eed0c4c3e45a64db40003bbb7d3

The tx shows up for me as still being unconfirmed in the blockchain. My wallet also sees it as unconfirmed. The other dividend transactions have confs but ours doesn't, yet. You'll just have to wait a bit.
yes that appears to be the case with mine as well.  patience is not very fun...
That just means that your coins are from a newly mined block so it will take a while. One of my div payments took almost a whole day to go through a few weeks back.