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Showing 20 of 747 results by wrenchmonkey
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Topic
Board Hardware
Re: .447 G/H Block Errupter overclocking service. .049 BTC (includes parts and labor
by
wrenchmonkey
on 17/12/2013, 05:50:48 UTC
Do you have some sort of a filter turned on for your PMs? I've PMed you twice.
Post
Topic
Board Hardware
Re: .447 G/H Block Errupter overclocking service. .049 BTC (includes parts and labor
by
wrenchmonkey
on 14/12/2013, 19:36:44 UTC
I responded to your PM the same day. Yes, I'm still doing them.
Post
Topic
Board Trading Discussion
Re: Mt.Gox AML/KYC Process Explained
by
wrenchmonkey
on 08/12/2013, 05:51:00 UTC
Re-submitted even more documents to these fucking clowns. Guess that means I get to start waiting another 2+ weeks for them to get around to taking 3 seconds to look at it, and hopefully not imagine some other reason to reject it.

Anybody have any suggestions for an exchange owned/operated by somebody with some actual integrity? Gox certainly ain't it. They're either ABSURDLY incompetent, or shady as fuck. Either way, the end result is the same: They provide among the worst customer experiences ever delivered.

Bunch of feckless fucking oxygen wasters.  Roll Eyes
Post
Topic
Board Mining
Re: The bitcoin divide
by
wrenchmonkey
on 07/12/2013, 22:28:42 UTC
I am not sure if these the correct forum to write this in?

I have noticed there is a huge gap that I call the bitcoin divide between the people who want to get into Bitcoin mining and the people who have been bitcoin mining for a long time that it makes it very difficult for people to jump in and get their feet wet, as well I finding there isn't a lot of good information out there to help new investors so they, like me, make silly and stupid mistakes along the way.

One of which is I sunk $15k of my own money into buying gear from local people where if I had known more about the possibilities and process to buying bitcoins at exchanges first I would have been far better off now. Right now I still see people selling Avalon ASIC B2/B3 four module miners on eBay and locally here (where I live) for 5 to $10k. Yet we all know buying them new cost 3.5B ($3500 or less) and that's shipped to your. Back when I got involved bitcoins were worth $143 and a anvy miner would costs me between $1800 and $2100 each. I believe that the resell market is driving away the potential and stability of bitcoin, people have to understand hardware is hardware it doesn't keep it's value it loses it over time.




There's PLENTY of information here on the forum. I've spent countless hours, on this forum and elsewhere, warning people about what a bad investment most mining hardware is right now, and how they'd be better off buying coins and holding them. But nobody listens. Buying coins is too boring for some people, and no matter how hard I (and countless others here) try and educate n00bs here, they just won't listen.

Don't blame a lack of info. Blame your own decision to ignore good advice.
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Topic
Board Trading Discussion
Re: Mt.Gox AML/KYC Process Explained
by
wrenchmonkey
on 03/12/2013, 18:24:21 UTC
3 weeks later, they rejected my paperwork AGAIN, with zero explanation, suggesting that I submit (among other things) my tax return information (which is what I already submitted).

What a bunch of fucking clowns.  Angry
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Topic
Board Altcoin Discussion
Re: Any black friday deals on GPUs?
by
wrenchmonkey
on 30/11/2013, 04:25:16 UTC
Bummer. Who was selling those?  Undecided
Post
Topic
Board Trading Discussion
Re: Mt.Gox AML/KYC Process Explained
by
wrenchmonkey
on 30/11/2013, 01:33:35 UTC
It's been a few weeks and I can't get them to answer any of my inquiries about how to get my fucking money. It originally said 5 business days to process the KYC bullshit. 6 days later, it said 10 days. Well, it's been over 10 business days, and they haven't bothered to deal with it. I've got over $3k sitting waiting to withdraw (probably not a "Large amount" for some, but it's half a month's salary for me, so it's not insignificant to me), and they're holding it hostage.

I opened a ticket, got the promise of a response within 24 hours. 4 days later, the only response I got was "We will forward this to the Verification team and you will be updated on this."

4 days to get a copy/pasted canned response from some clown named "Danny"?

No wonder Japan's economy is in the shitter...  Roll Eyes
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: BFL Claims all 65nm Preorders Shipped
by
wrenchmonkey
on 30/11/2013, 00:12:36 UTC
They're still several months behind on the Jalapenos,

As I said above, I have my June 30th 7GH Jalapeno already.  Don't go by Jody's blog. 

Math Fail. June 30 still was several months ago, friend.  Wink
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Topic
Board Altcoin Discussion
Re: Any black friday deals on GPUs?
by
wrenchmonkey
on 29/11/2013, 23:13:46 UTC
GPUs for BTC is pretty much useless. GPUs for LTC is a bit more realistic.

The new R9 280 or 290 are pretty beefy, but I don't think they compare to the 7950 for price/performance. The 280s are still >$300, and the 7950s are almost as good for a lil cheaper.

If you read what I wrote, I specifically stated they're for litecoin mining.  Wink
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Topic
Board Altcoin Discussion
Topic OP
Any black friday deals on GPUs?
by
wrenchmonkey
on 29/11/2013, 18:52:09 UTC
Anybody seeing any deals on good cards for litecoin mining? Looking to pick up one or two litecoin mining cards. Nothing too serious. I picked up a GPU that does about 400mhash for about $130 this spring. Looking for as good or better in terms of mining power to cost.
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: BFL Claims all 65nm Preorders Shipped
by
wrenchmonkey
on 29/11/2013, 18:36:36 UTC
The 50gh and 500 gh units are the only ones showing available for immediate shipping. I'd say that's consistent with what their shipping blog has been showing. They're still several months behind on the Jalapenos, but have been caught up on the others for some time now. Problem is, that price needs to drop by AT LEAST 30% before it'll be profitable.
Post
Topic
Board Mining
Re: ASIC miners on-hand for Sale Popping Up Everywhere
by
wrenchmonkey
on 09/11/2013, 16:16:10 UTC
Bitcoin diff is going up too fast and asics or any other hardware will never ROI Sad

Depends on whether you paid cash or BTC. The price of BTC is going up too, so if you paid in fiat, a return in fiat is very possible.
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Topic
Board Group buys
Re: [OPEN] Bitfury miner group buy + hosting (with ESCROW) 11/25 shares left
by
wrenchmonkey
on 29/10/2013, 15:01:36 UTC
Hi All, you'll be pleased to know that the last four H-boards arrived late this afternoon and are now hapily hashing away Grin (all GB members now have their shares hashing). As with the other boards I'm going to give autotune a chance to work its magic before hand tweaking the chips individually tomorrow. Unfortunately we've got some dead/dying chips in these new boards too (6 in total across all the boards), but the remaining chips should be able to compensate fairly well for this. The BFSB miner is currently running at between 188 and 192 GH/s (280 W at the wall), with some hand tuning I'm hoping to get closer to 200 GH/s, but we'll see.





DOA chips? That doesn't sound promising. Have you contacted the manufacturer to see if there are any remedy options for us?
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Topic
Board Service Discussion
Re: Good price at CEX.io
by
wrenchmonkey
on 27/10/2013, 20:07:27 UTC
The price of GH/s is too high now.
Maybe if you have 4-5 or 10 BTC, then yes, will have a good profit if you invest, but with small amounts of 1 BTC or even less is pointless to invest.

Not sure how you arrive at that conclusion. If it's a bad investment for <1BTC, it's a bad investment for 5BTC or 10BTC.

It never ceases to amaze me how utterly incapable the people on this forum are of doing simple math. I'd blame it on the U.S. public education system, but many of these people aren't from the US.  Roll Eyes
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Topic
Board Beginners & Help
Re: CEX.IO Has anyone used it?
by
wrenchmonkey
on 27/10/2013, 20:02:38 UTC
USELESS! WASTE OF TIME AND MONEY!

...says the guy advertising bitcoin casinos.  Cheesy Cheesy Cheesy
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Topic
Board Beginners & Help
Re: CEX.IO Has anyone used it?
by
wrenchmonkey
on 27/10/2013, 12:01:35 UTC
Is it just me or has ghash.io been working 4 hours and got nothing?



Are you not familiar with Bitcoin mining? Block 266311 took 5 hours to solve. 266261 took less than a minute. These things fluctuate and average out. Give it time to solve a few blocks. Wink
Post
Topic
Board Mining speculation
Re: cex.io vs https://picostocks.com/stocks/view/19
by
wrenchmonkey
on 27/10/2013, 05:07:30 UTC
Yeah - I just saw this morning - prices went from .85 GHS to .9 GHS - still every good.  Can someone tell me why it went up?  I guess I'll just hold onto the bitcoin payouts for now...waiting for it go down before I reinvest.

It's because bitcoiners (for the most part) are inexperienced n00bs/idiots who don't know how do do a basic cost/benefit analysis. They want to convert everything back into USD, even though their "profits" will only ever be in Bitcoin.

They don't understand that if it doesn't break even in BTC, it's a bad investment strategy, but they're only capable in thinking in terms of $. So when BTC is cheaper, they think "I can afford to invest more BTC". Not realizing that they're better off just buying btc and sitting on it if they're expecting BTC to go back up.

I've tried explaning this concept to a lot of people, but the truth is, most of them are idiots.

If people were intelligent, the price of hashing power would decrease with difficulty increase. It wouldn't fluctuate with the USD exchange rate like it does when the morons are involved. Then again, the real money is with playing in a market of morons. They're uber predictable, so day trading is far more profitable than mining, if you play your cards right.  Wink
Post
Topic
Board Mining speculation
Re: How can you sure your cloud service does the thing?
by
wrenchmonkey
on 27/10/2013, 00:03:33 UTC
In English?
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Topic
Board Pools
Re: Anyone mining at ghash.io ? Any anecdotes ?
by
wrenchmonkey
on 26/10/2013, 23:58:56 UTC
It's a double-edged sword though. If you want to keep your payouts separate from your 'trading' money, it's not a good idea. It muddies the waters for trying to track profits. If you aren't going to do much trading, and you don't care about tracking stuff, using the same account will make life simpler. You can use the link in my signature as a thank you as well.  Grin
Post
Topic
Board Pools
Re: GHash.io Hashrate Drop
by
wrenchmonkey
on 26/10/2013, 23:53:34 UTC
Now is 700+     Grin

i sigarete
come to pc and all works perfect

Team Mining Continue Normal Option Now

[700T/s] Now Powers Speed Max And Up Earnings 25 BTC Per Solved Any Block Nice Share

i get code in this moment all is normal procedure come stability sms phone my signal about this upgrade situation

I know your first language isn't English, but honestly these translations are meaningless.  I have no idea what you're talking about. 

My best guess is that he is saying he went and had a cigarette and when he came back to the computer, everything appears normal now. I think he's also saying that he gets text messages on his phone about his mining status as well.

Then again, I could be COMPLETELY off on all of that...