1019400+ entries in 0.807s
Diablo-D3: midnightmagic:
they said
their sc single will use as much as
the single
midnightmagic: Diablo-D3: Where's
the 85W figure? Is
that posted by BFL somewhere?
Diablo-D3: and asicminer has already said
the 532 figure is wrong,
they'll be coming in much lower
midnightmagic: gigavps: Scaling up from 3.5GH for 1 USB jalapeno gives an upper bound for pure-chip power requirements for 1TH ~600W, plus infrastructure, fans, controllers whatever else
they're putting in
the sc minirig.
mircea_popescu: gigavps well
the guys likes
to contradict what can i say :p
mircea_popescu: Diablo-D3 i don't
think he puts more stock in asicminer.
Diablo-D3: gigavps:
thats asicminer's numbers
Diablo-D3: Smoovious:
they will have
the units mining by december if
they meet
their launch date
Diablo-D3: gigavps:
the 1th for 500w figure is wrong
gigavps: asicminer has shown
their specs
Diablo-D3: I believe bfl will miss
the october launch date
gigavps: i'm also wondering how btcfpga when from not having a fab one week
to having a fab and "in process"
the next week
Diablo-D3: [05:30:30] <Smoovious>
the 1 major advantage BFL has right now, is it is very likely
to be
the first
to market with
them
Bugpowder: FPGA is not
the same difficulty level
Bugpowder: It
takes serious expertise
to roll out custom silicon
gigavps: of all
the asic offerings, i don't
think anyone is going
to be able
to compete with BFL
gigavps: Bugpowder asic is going
to be fun
assbot: GIGAMINING [1@1.5BTC] paid: 0.44317596 BTC. Last price: 0.62 BTC. Capital gain: -0.88 BTC.
Total: -0.43682404 BTC. (-29.1%)
assbot: Requesting data from GLBSE (might
take a while, also might return fishy results as it does not account for splits etc).
assbot: CPA [1@0.1BTC] paid: 0.00569688 BTC. Last price: 0.033 BTC. Capital gain: -0.067 BTC.
Total: -0.06130312 BTC. (-61.3%)
assbot: Requesting data from GLBSE (might
take a while, also might return fishy results as it does not account for splits etc).
Bugpowder: The main annoyance with
the liquidity is
that I need
to reserve sufficient capital
to pay GIGA upgrade fee, because who knows how much you lose getting out of other positions
to cover
the fee on
the day
the exchange program goes into effect.
gigavps: so
they caught it in
time?
gigavps: Bugpowder i would
think it's much higher
than
that
BTC-Mining: Aye, and sorry gigavps about being so inquisitive and critical about your upgrade path. It's just
that I
think, although you have
to plan for worst case scenario
to still be able
to cover
the hashing, unless/until
this scenario happens, you're putting a large amount of coins in your pockets.
BTC-Mining: And
the ASICs weren't out yet (vaporware) and other competing offers were on
the horizon. So put a motion and started loaning
the funds.
gigavps: Smoovious
that might be better suited for #bitcoin-politics
BTC-Mining: We haven't enough raised for buying a full rig (didn't want
to pay for singles)
gigavps: i'm paying dividends and have money
tied up in vaporware :p
Bugpowder: I like
that BTC-Mining is still paying dividends instead of keeping capital
tied up in vaporware waiting
BTC-Mining: Well it does pays and unless BITBOND defaults on
the loan,
the capital is still available at 1 BTC per BTC-MINING share.
Bugpowder: GIGA @0.4 seems like
the buy, but I have so much already
BTC-Mining: Hey... BTC-MINING kept it's value at least.
There's just no bids eh.
BTC-Mining: So dodgy I wouldn't give much for
them.
Bugpowder: I have GLBSE stocks I want
to dump, when I went on a buying spree upon account creation without doing enough DD>
Bane_Capital: It's up from here from my
talks with
the issuer.
Bugpowder: I
think
the liquidity problem is due
to 500,000 bitcoins disappearing from people
that would be potential investors in real bitcoin securities
assbot: CPA [1@1BTC] paid: 0.00569688 BTC. Last price: 0.033 BTC. Capital gain: -0.967 BTC.
Total: -0.96130312 BTC. (-96.1%)
assbot: Requesting data from GLBSE (might
take a while, also might return fishy results as it does not account for splits etc).
BTC-Mining: is
that a fixed mhash/s bond
that won't upgrade
to ASIC?
BTC-Mining: No one would have GLBSE stocks
they need
to dump? I see dumpings going much lower
than what I'd pay all
the
time.
teek: on stuff with high volume it is hard
to follow
teek: Smoovious: fair enough.. but when i place orders in my brokerage account, i have seen
them get routed directly
to level 2 before
Bane_Capital: What nefario needs
to do is include a
toggle for
this in
the settings.
teek: i know i have seen my orders on level 2 before and can follow
them around
teek: Smoovious: i am fairly sure
the real markets work like
this..
though i am not a pro.. i supposed i could place some orders on some low volume issues and watch level 2
Bane_Capital: CPA is
trading above
the reported
the NAV now.
teek: Smoovious: as far as i know
the only reason it isnt implemented is a bug in
the code
teek: the first
time one of
the 5@1 gets filled
the others cancel
teek: if i have orders up on 10 different stocks for 10@1 and for antoher 10 different stocks at 5@1 and i ahve 7 btc left in
the account, all
the 10@1's get canceled
OneMiner: EskimoBob I have
to agree,
that's
the one
thing I've considered and rejected. Hashrate is going up so fixed Mh/s is garbage.
BTC-Mining: [17:03] <EskimoBob> and all
the small bull shit orders have
to be "moved"
to market orders only
BTC-Mining: EskimoBob: you mean disable any open order under x BTC
total?
teek: Smoovious: if
there is enough credit left
to cover
the order
then it stays up, if not it gets canceled
mircea_popescu: teek glbse liquidity was in
the bucket before,
this won't save it. but anyway, largely academic debate.
teek: but
thats one of
the reasons why
teek: no one is going
to provide any serious liquidty if
they have
to
tie up
their moeny for something
that will probably never happen at 0% interest
mircea_popescu: the first
time you sell 10k into whart seems like a 40k wall and discover abotu 8k of it was valid you'll change your oppinion i guess
teek: it is real liquidty, because
the order is standing based on money
that is
there when it was placed
teek: it isnt really
the appearance
teek: i understand people are all bent out of shape on "fake" bids, but
there is "order
time"
then
there is "execution
time"
BTC-Mining: Which is why if anyone lacks bids
to sell off and wish
to sell me at a discount, I'm available.
OneMiner: I'd like
to put my coins somewhere but I'm feeling out of my depth. I don't suppose
that anybody reviews all of
the options out
there? How did you get your start investing?
mircea_popescu: teek : increasing
the appeareance of liquidity moreover.
teek: Smoovious: but
they do have
the funds for it
teek: thus creating liquidty on all
those issues
teek: i should be able
to bid on 10 different issues at a price i would be happy with
teek: the liquidty problem is caused by
this, say i want
to buy gigamining at .3 and bmmo at .04, i have 1 btc. i can place an order for 3 giga OR 25 bmmo, but not both. i have
to lock my money into one
thing
that may never happen
teek: and
the bid is removed
teek: if
there
there is no avail funds, for
the next order, it simply does not execute
teek: if
the market goes where i want on a particular issue,
the order executes
teek: it has always worked like
that
gigavps: i believe
that's
the way it works now
teek: that doesn't mean i can't place a
ton of bids on different
things
teek: EskimoBob: people keep saying
that, but it isn't margin
OneMiner: Is
there some kind of best practices or how
to I can read?
teek: you don't only bid for one
thing with
the same money
teek: even
trading on
the real markets
teek: that is basically
the reason
there is no liquidity on glbse
[\\\]: so he had
to remove
the changes
[\\\]: and
then all
the bids got
trashed
Diablo-D3: I
think if I remain CEO, I'll end
the
trade program
BTC-Mining: That might be
true, but when orders appear on
the market (buy),
they get filled. Just watch for one.
teek: whatever happened
to
the glbse liquidty / reserve update
Diablo-D3: neither of
those represent
the market rate (its about 0.01)