Gold collapsing. Bitcoin UP.

[Norway]

you mean Vaginacunt Now

 

[Richy_T]

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

Yes. Though some of their miners are just reconfigurations of existing components (more/less blades etc)

 

[Fatman3002]

@Norway @cypherdoc Sry, 420001 was BTCC, 420000 was F2Pool.

 

[cypherdoc]

this is kinda like that game where 12 ppl sit around a table and someone starts off whispering a message in the ear of the person on his right who then passes it around the table. the end result being totally unrecognizable; sorta like Blockstream's distortion of Satoshi's original vision.

you mean Spamsom How.

 

[Norway]

No signs of hashpower disappearing in the last four blocks.

 

[satoshis_sockpuppet]

@cypherdoc It's conveniently called "Chinese Whispers"as I learned. https://en.wikipedia.org/wiki/Chinese_whispers

Oh, and happy Halving everybody!

 

[cypherdoc]

any disappearance will be gradual. no miner is just going to give up this instant. they'll hang with it for at least a few weeks/months as any coin mined still has the potential to skyrocket in price and as they have time to analyze cost/benefit ratios.

 

[Fatman3002]

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

They have an even and odd number policy. The even number machines are bigger data center grade / rack sized versions of the odd number versions. But there was no S8. I heard some people had trouble with the S5 overheating, but that's about it.

 

[freetrader]

Ok, I hashed out a new one in the whispers game, but I'm reserving it for the right moment

 

[Richy_T]

No signs of hashpower disappearing in the last four blocks.

My tab with blockchaininfo stalled out. I thought it was armageddon

 

[xhiggy]

Bitcoin Classic needs better PR people.

 

[Norway]

any disappearance will be gradual. no miner is just going to give up this instant. they'll hang with it for at least a few weeks/months as any coin mined still has the potential to skyrocket in price and as they have time to analyze cost/benefit ratios.

Yes, probably. KnC Miner's planned and organized bancruptsy is not normal. I guess it's because they're swedes.

 

[Erdogan]

Bitcoin Classic needs better PR people.

Yes, that's you, by the way.

 

[Fatman3002]

Yes, probably. KnC Miner's planned and organized bancruptsy is not normal. I guess it's because they're swedes.

As long as the Bitcoin mining network is running on subsidized chinese electricity we probably won't see the violent swings in hashrate. They have to consume power anyway so they'll keep less profitable miners running until they're replaced rather than turn them off. Most who had to move to more efficient miners probably have already anyway.

 

[AdrianX]

No signs of hashpower disappearing in the last four blocks.

I don't think it'll drop. If anything if price were to crash then weeks later players would reevaluate their strategies.

It's a little like building up the pot in a game of poker. The first to fold losses while the rest have a better chance to correct.

 

[satoshis_sockpuppet]

Bitcoin Classic needs better PR people.

I wonder if there should be an "official" alliance between Classic, Unlimited, XT and maybe btcd. Working together, sharing a development forum and chat rooms etc. And maybe some day a new clean client that isn't stuffed with thousand of wild grown lines of code.
I don't know if this is a correct assumption but I have the feeling as if the miners believe that Classic has to few developers and that they're out there on their own.

Maybe that all already exists, I'm a bit out of the loop these days.

Tom Zander btw is doing an excellent job of creating information for the community and developing a confident spirit for the non-Blockstream Bitcoiners imho. I very much like his approach.

 

[cypherdoc]

 

[Zarathustra]

@Jihan has been promised a hundred fold fee increase at the meeting with the dipshits. And then he signed it. Sad but true.

 

[cypherdoc]

What's a dipshit promise worth these days on the open market? Why, zero!
[doublepost=1468096978][/doublepost]Again, it's sad when yet another bank can clearly identify Bitcoin's challenge created by Greggy and the dipshits:

http://www.coindesk.com/citi-bitcoin-banks-remittances-wont-disrupt/

 

[Norway]

KnC just mined a Classic block. That's weired. Sam Cole said earlier that they would just mine until the halving.