The ASIC miners are going to basically make other forms of mining obsolete.
Once there's a ton of those on the market, it'll increase the difficulty so much that only people who have the ASICs will be able to get a reasonable hourly rate.
Once the ASICs are out, will solo mining itself be obsolete? I know BFL's mini rig can get up to 1.5 T-hash/s... Am I right in assuming that machine will be the only thing worth solo mining with, or does the increase in difficulty have no effect on solo mining?
I've ordered a jalapeno and am considering the BFL single. Would either of those yield any BTC solo mining or should I just stick to pools?
I have been trying to use coinbase as an e-wallet, but it has become totally unreliable. I tried to send some bitcoins to a friend, and the transaction has been pending for 2 days. There is no way to cancel it, so my friend and I are stuck waiting to complete the transaction. This has happened on my last two transactions. Unacceptable. Whatever the problem is, I hope they fix it soon.
Coinbase in general seems to be consistently overloaded. I've tried to buy BTC from them on several occasions, but not once have I succeeded due to the 24 hour rolling limit.
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Re: fox article on btc
by
primecutpuddingcup
on 23/03/2013, 15:34:23 UTC
It's great to see bitcoin getting more and more recognition from these major news outlets, even if the coverage tends to be on the skeptical side.