Gold collapsing. Bitcoin UP.

[Peter R]

Happy Halving Everyone!!

 

[Fatman3002]

Happy Halvening!!!

 

[cypherdoc]

someone is going to get hurt here. and it's not going to be the hodlers.

"most ppl investing in cryptocurrencies are going to lose money."

 

[Richy_T]

Anyone got the average blocktime -> hashrate formula?

 

[cypherdoc]

 

[Richy_T]

Hmm, a lot of people waffling about how they would go about working it out but there appears to be an actual answer here

http://bitcoin.stackexchange.com/questions/11139/how-is-the-network-hash-rate-calculated

 

[Norway]

Happy halving guys!

 

[freetrader]

So who was the halfling?

 

[Norway]

No more blocks from KnC Miners. Very sad. But the question now is: How many more miners have turned off their ASIC's?
Are we heading for a mega clusterfuck mempool?

 

[AdrianX]

Could someone tell me this is not true?

http://www.coindesk.com/bitcoin-industry-seeking-bridge-scaling-divide-july-meeting/

I can't stand another meeting about scaling between Chinese miners and block stream...

@Jihan if this is true? Why is it important that only small block proponents meet with miners. Why not insist the meeting be postponed and attended by those who have presented evidence to support large blocks.

 

[cypherdoc]

has anyone bought Antminers from @Jihan & Bitmain? how reliable are they and have they represented a decent value for the money invested? any funny business like premining with them before delivery? i haven't heard anything bad so i'm curious to buy one for fun. here's hoping to a massive continuation of this trend as it will help redistribute mining across the globe and diversify revenues for Bitmain.

 

[Fatman3002]

So who was the halfling?

BTCC

 

[cypherdoc]

you mean Spamson Mao.

 

[Richy_T]

has anyone bought Antminers from @Jihan & Bitmain? how reliable are they and have they represented a decent value for the money invested? any funny business like premining with them before delivery? i haven't heard anything bad so i'm curious to buy one for fun. here's hoping to a massive continuation of this trend as it will help redistribute mining across the globe and diversify revenues for Bitmain.

I have an S5 I keep for amusement purposes. It arrived fairly quickly. I believe they mine with them for a while before selling them.

It's a bit of a shame there's not more competition in the field to be honest. Prices are high meaning mining margins are low. Unless you're one of the big mining cartels.

 

[Norway]

you mean Samsung Meow.

 

[lunar]

 

[Fatman3002]

@cypherdoc I've bought a lot of antminers. Well built, stable and promptly delivered. Basically a level of service which is unheard of in Bitcoin ASICs. They had one preorder machine (Scrypt ASIC), but I think they cancelled it and paid back the preorders.

 

[cypherdoc]

you mean Shamsom Wow.

 

[Melbustus]

has anyone bought Antminers from @Jihan & Bitmain? how reliable are they and have they represented a decent value for the money invested? any funny business like premining with them before delivery? i haven't heard anything bad so i'm curious to buy one for fun. here's hoping to a massive continuation of this trend as it will help redistribute mining across the globe and diversify revenues for Bitmain.

I bought a used S5 on ebay last year because I needed a heater for my office. Worked like a champ. I replaced the stock fan, though, since it sounded like a jet engine.

 

[cypherdoc]

@cypherdoc I've bought a lot of antminers. Well built, stable and promptly delivered. Basically a level of service which is unheard of in Bitcoin ASICs. They had one preorder machine (Scrypt ASIC), but I think they cancelled it and paid back the preorders.

i read something about an S9. does that mean they've sold to customers 9 iterations of the Antminer, all with reasonable customer satisfaction?