My old rig drew 550 watts 24/7 with dual 5830's overclocked and got to around 644 million hashes per second. The new Jalapeno ASIC runs at 2.5 watts and get 3,500 MH/s. Problem solves.
I feel the need to remind you that you can simply buy BTC on the exchange. You don't have to actually mine it. I sell computer hardware on the forums for BTC and get more that way than from mining. And obviously anyone can run the trading client that actually sends the money without any massive CPU usage. The mining clients maintain transactions and process blocks, sort of for a commission. The client runs the actual trades. You can use bitcoins all day every day without ever touching mining.
Ha ha ha ha ha, very funny:P but for the record, BFL could out-process the entire network with their current inventory of ASICs by running them all at once in a private pool. Then they could form a block with fake data before anyone else and then verify it themselves and place it in the chain. It's called a >50% attack. But that would cause a massive crash and destroy the entire bitcoin system and they'd go out of business so nobody thinks anyone would be stupid enough to do that.
My very hotly contested and controversial but realistic estimate put it at 14x higher difficulty 3 months after the first wave of ASICs are released. So yeah. It'll just keep getting worse and worse with everyone making less money...except not really. There's 25 BTC split every 10 minutes when a block is formed and that's that. The speed of the chips in the system is only important relative to everyone else you're mining against.
You hit the nail on the head. Investing in holding BTC and the electricity and assembly and parts is risky. With over a quarter million USD in pre-orders, selling chips is guaranteed income.
That has been a nuclear level topic I started on the bitcoin forums and is still being debated. Every single chip maker assures us they won't "compete with their customers" by mining themselves and yet 10,000GH/s just randomly appeared out of nowhere in the last 1.5 months on the main net. Hmmmm. But I calculated and unless they're the first in, they're going to get drowned. The anticipated payoff period to run an ASIC right now is around 15 days but after all the pre-orders are shipped, it'll be 10-15 months to pay off the initial cost. Everyone thinks going from a 300MH/s Radon GPU to a 3500MH/s Jalapeno ASIC chip will make them super rich but they don't realize the hash target difficulty goes through the roof when everyone does it. So basically everyone still shares the 25 BTC reward per block every 10 minutes regardless. So they can't ALL get rich, lol.
There's over $300,000 USD equivilant in pre-orders at the major vendors and most of it was paid for in bitcoins but converted to USD for a fee by bitpay, who is holding the BTC on purpose due to the 50 to 25 split that will drive the price to double in theory eventually.
It is absolutely, 100% unregulated and uncontrollable by nature. Stop commenting on bitcoin stories if you have no idea how it works or what you're talking about.
I think the actual biggest reason for this is people who wanted a tablet already got a different product from Samsung or Motorola or Apple and they're not going to spend all that money again just to switch. MS came into the game WAY too late.
Also we're at the verge of a netbook-caliber tablet crash where everyone realizes they all suck and stop buying them. They're too fragile, they don't have a DVD drive, they're harder to type on, the screen is tiny, they get dirty with fingerprints, they don't run 99% of software ever written, everything they do on it is designed to cost money, the browsers don't display pages correctly, the battery life is a lie, most don't have USB flash drive capabilities, they don't work with the majority of printers, and it's difficult to do meaningful work on them in any way shape or form. That's actually slightly more cons than netbooks and they went from boom to flop in approximately 2 years.
Here's my deeply researched article I wrote that upstages this one:
Censorship won't stop a damn thing. It won't stop anything copyrighted, illegal, dangerous, or terrorism-related. It will just be used to control people and enforce IP-holders' business models to make them more money (in their opinion).
The End
Citations:
Common sense, reality, and past experience with internet stuff
None of those manufacturers are in the US and any Asian company is all about lying, stealing, and cheating their way to a profit. They're taught to operate their business that way because they have no ethics or morals when it comes to money. Maybe you missed that corporate spyware espionage story a couple stories down?
And as soon as CNN gets a hold of this, purchases drop to zero. People do not want to be spied on. If there are 99 TVs that all got together and decided to spy on people and there's 1 Chinese knock off, off-brand that doesn't, everyone is going to buy that one instead. This will fail horribly.
Just in case you didn't know, Netflix used to carry Starz in its entirety like a year ago. Then content providers threw a big fit, saying they aren't allowed to sub-lease their content or whatever and that clearly that was 2 things for the price of one and forced them to break off.
So it doesn't matter anymore I'm using 000000 as password....
To all you gloom and doom people out there, here's my suggestion. If your password is monkeys1459, change it to monkeys1459monkeys1459. That's 22 letters and equally memorable.
If you pay half for construction equipment and it breaks within a month, that throws off the expensive estimate just a bit. Any cheap-manufacturing country does not offer sufficient quality for business use of quarter million dollar machinery. They make cheap, hastily designed stuff out of inferior materials to undercut everyone because that's what they do. They can't make a perfect machine because then they'd need a vast engineering infrastructure and high purity metal manufacturing and all that. That's primarily the US and not a whole lot more.
APUs are not really integrated graphics. They took a GPU core and put it inside the CPU. It's no different than the actual card itself, except for memory bandwidth and speeds. Those FPSes are not acceptable to me but I just had a customer who was running 20FPS in WoW on a laptop with Intel GMA965 and a core 2 and said it was "fine." To run an older Crysis at 48FPS, this thing definitely has some horsepower so to completely eliminate it from playability seems like a stupid decision to me on the game maker's part.
You do know that they basically took a Radeon graphics card and put the entire GPU into the CPU without changing much, right? So it has 384 cores, direct memory access, and just no GDDR5 (which kinda kills it based on my experience with a GT440 that had DDR3 onboard instead of GDDR5).
But still, they should have a quick and ugly mode so users can play it on BRAND NEW, gaming-oriented systems like this. They're definitely losing customers, seeing as how this can play basically any other game ever made on minimum settings.
They're saying "bare minimum" is 1GB video memory so if it gets stuck in a dump and load loop because total texture size on minimum is 650MB and I have 512, it will not launch or skin everything and will crash. I think they're lying. I don't know if the APUs can grab more memory on the fly like Intel chips though. They do have an absolutely segregated 512MB that the system can't touch instead of 100% on the fly like Intel so who knows.
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My old rig drew 550 watts 24/7 with dual 5830's overclocked and got to around 644 million hashes per second. The new Jalapeno ASIC runs at 2.5 watts and get 3,500 MH/s. Problem solves.
I feel the need to remind you that you can simply buy BTC on the exchange. You don't have to actually mine it. I sell computer hardware on the forums for BTC and get more that way than from mining. And obviously anyone can run the trading client that actually sends the money without any massive CPU usage. The mining clients maintain transactions and process blocks, sort of for a commission. The client runs the actual trades. You can use bitcoins all day every day without ever touching mining.
Ha ha ha ha ha, very funny :P but for the record, BFL could out-process the entire network with their current inventory of ASICs by running them all at once in a private pool. Then they could form a block with fake data before anyone else and then verify it themselves and place it in the chain. It's called a >50% attack. But that would cause a massive crash and destroy the entire bitcoin system and they'd go out of business so nobody thinks anyone would be stupid enough to do that.
My very hotly contested and controversial but realistic estimate put it at 14x higher difficulty 3 months after the first wave of ASICs are released. So yeah. It'll just keep getting worse and worse with everyone making less money...except not really. There's 25 BTC split every 10 minutes when a block is formed and that's that. The speed of the chips in the system is only important relative to everyone else you're mining against.
You hit the nail on the head. Investing in holding BTC and the electricity and assembly and parts is risky. With over a quarter million USD in pre-orders, selling chips is guaranteed income.
That has been a nuclear level topic I started on the bitcoin forums and is still being debated. Every single chip maker assures us they won't "compete with their customers" by mining themselves and yet 10,000GH/s just randomly appeared out of nowhere in the last 1.5 months on the main net. Hmmmm. But I calculated and unless they're the first in, they're going to get drowned. The anticipated payoff period to run an ASIC right now is around 15 days but after all the pre-orders are shipped, it'll be 10-15 months to pay off the initial cost. Everyone thinks going from a 300MH/s Radon GPU to a 3500MH/s Jalapeno ASIC chip will make them super rich but they don't realize the hash target difficulty goes through the roof when everyone does it. So basically everyone still shares the 25 BTC reward per block every 10 minutes regardless. So they can't ALL get rich, lol.
There's over $300,000 USD equivilant in pre-orders at the major vendors and most of it was paid for in bitcoins but converted to USD for a fee by bitpay, who is holding the BTC on purpose due to the 50 to 25 split that will drive the price to double in theory eventually.
It is absolutely, 100% unregulated and uncontrollable by nature. Stop commenting on bitcoin stories if you have no idea how it works or what you're talking about.
He should have morphed himself so their border patrol wouldn't recognize his signature and quarantine him.
I think the actual biggest reason for this is people who wanted a tablet already got a different product from Samsung or Motorola or Apple and they're not going to spend all that money again just to switch. MS came into the game WAY too late.
Also we're at the verge of a netbook-caliber tablet crash where everyone realizes they all suck and stop buying them. They're too fragile, they don't have a DVD drive, they're harder to type on, the screen is tiny, they get dirty with fingerprints, they don't run 99% of software ever written, everything they do on it is designed to cost money, the browsers don't display pages correctly, the battery life is a lie, most don't have USB flash drive capabilities, they don't work with the majority of printers, and it's difficult to do meaningful work on them in any way shape or form. That's actually slightly more cons than netbooks and they went from boom to flop in approximately 2 years.
Here's my deeply researched article I wrote that upstages this one:
Censorship won't stop a damn thing. It won't stop anything copyrighted, illegal, dangerous, or terrorism-related. It will just be used to control people and enforce IP-holders' business models to make them more money (in their opinion).
The End
Citations:
Common sense, reality, and past experience with internet stuff
None of those manufacturers are in the US and any Asian company is all about lying, stealing, and cheating their way to a profit. They're taught to operate their business that way because they have no ethics or morals when it comes to money. Maybe you missed that corporate spyware espionage story a couple stories down?
And as soon as CNN gets a hold of this, purchases drop to zero. People do not want to be spied on. If there are 99 TVs that all got together and decided to spy on people and there's 1 Chinese knock off, off-brand that doesn't, everyone is going to buy that one instead. This will fail horribly.
And yet when my company kills people as a cost cutting measure, ohhhh, suddenly that's illegal, lol.
Just in case you didn't know, Netflix used to carry Starz in its entirety like a year ago. Then content providers threw a big fit, saying they aren't allowed to sub-lease their content or whatever and that clearly that was 2 things for the price of one and forced them to break off.
So it doesn't matter anymore I'm using 000000 as password ....
To all you gloom and doom people out there, here's my suggestion. If your password is monkeys1459, change it to monkeys1459monkeys1459. That's 22 letters and equally memorable.
Of MSNBC's race card.
There are white gangs too, lol
You've been watching too much Contact. "Why build one when you can overinflated the cost and build 2?" lol.
If you pay half for construction equipment and it breaks within a month, that throws off the expensive estimate just a bit. Any cheap-manufacturing country does not offer sufficient quality for business use of quarter million dollar machinery. They make cheap, hastily designed stuff out of inferior materials to undercut everyone because that's what they do. They can't make a perfect machine because then they'd need a vast engineering infrastructure and high purity metal manufacturing and all that. That's primarily the US and not a whole lot more.
Simple, robots are not considered employees lol.
Can't believe I'm the first one to take a swing at this joke...
Maybe when they're done, they can sell it to Disney for use at Disneyland.
Well, we used 03 for 10 years, lol.
APUs are not really integrated graphics. They took a GPU core and put it inside the CPU. It's no different than the actual card itself, except for memory bandwidth and speeds. Those FPSes are not acceptable to me but I just had a customer who was running 20FPS in WoW on a laptop with Intel GMA965 and a core 2 and said it was "fine." To run an older Crysis at 48FPS, this thing definitely has some horsepower so to completely eliminate it from playability seems like a stupid decision to me on the game maker's part.
You do know that they basically took a Radeon graphics card and put the entire GPU into the CPU without changing much, right? So it has 384 cores, direct memory access, and just no GDDR5 (which kinda kills it based on my experience with a GT440 that had DDR3 onboard instead of GDDR5).
But still, they should have a quick and ugly mode so users can play it on BRAND NEW, gaming-oriented systems like this. They're definitely losing customers, seeing as how this can play basically any other game ever made on minimum settings.
They're saying "bare minimum" is 1GB video memory so if it gets stuck in a dump and load loop because total texture size on minimum is 650MB and I have 512, it will not launch or skin everything and will crash. I think they're lying. I don't know if the APUs can grab more memory on the fly like Intel chips though. They do have an absolutely segregated 512MB that the system can't touch instead of 100% on the fly like Intel so who knows.