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Thread: Cassandra! Andrew Hoffman

  1. #11
    .999 Unobtanium Horn's Avatar
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    Re: Cassandra! Andrew Hoffman

    I'm finding that if you price anything in dollars you have to add 13% just for security and insulation purposes.

    Bitcoin - The cost of kids playing on a computer, speculation, demand
    Not so fast EE_ people keep telling me that it takes a tremendous amount of electricity to mine those Bitcoins...

    http://qzprod.files.wordpress.com/20...ng?w=640&h=388

    If it wasn't for their centralized and privatized pools, there would be no more bitcoins.

    Is it a race to zero? I can't tell.

    Difficulty 609,482,680.00
    Mining Factor 100 0.05 USD/24h@100MHash/s as in these charts
    Average generation time for a block (solo) 1 year, 240 days (can vary greatly depending on your luck)
    Hardware break even 120 days
    Net profit first time frame -554.51 USD

    Coins per 24h at these conditions 0.0413 BTC
    Power cost per 24h 0.36 USD
    Revenue per day 23.02 USD
    Less power costs 22.66 USD
    System efficiency 500.00 MH/s/W
    Mining Factor 100 at the end of the time frame 0.04 USD/24h@100MHash/s
    Average Mining Factor 100 0.04 USD/24h@100MHash/s
    Power cost per time frame 32.87 USD
    Revenue per time frame 1977.36 USD
    Less power costs 1944.49 USD
    http://www.bitcoinx.com/profit/
    The revenues seem to have gone up just recently...

    https://blockchain.info/charts/miners-revenue

  2. #12
    .999 Unobtanium Horn's Avatar
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    Re: Cassandra! Andrew Hoffman

    It can't be nearly as bad as mining Silver.

    If I were mining just Silver I'd probably want a landslide to come and cave my mine.

    Collect the Silverstein insurance payout.

  3. #13
    Dangerous Donald Neuro's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by Horn View Post
    Anyone care to tell us what the real world value of Gold and Silver are?
    A dozen female goats for an oz of gold, and 2-3 laying hens for an oz of silver. But you have to haggle...

  4. #14
    .999 Unobtanium Horn's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by Neuro View Post
    A dozen female goats for an oz of gold, and 2-3 laying hens for an oz of silver. But you have to haggle...
    Gold guys would never have it that way,

    they'd also want the 3 laying hens in exchange to "top off" the trade.

    Is close I think though.

    3 laying hens for an oz of silver, 2 and you're just being jewish....

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    Dangerous Donald Neuro's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by Horn View Post
    Gold guys would never have it that way,

    they'd also want the 3 laying hens in exchange to "top off" the trade.

    Is close I think though.

    3 laying hens for an oz of silver, 2 and you're just being jewish....
    Give the goat herder an oz of silver and he'll go and buy you the hens, but don't expect any change back on the gold...

  6. #16
    .999 Unobtanium Horn's Avatar
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    Re: Cassandra! Andrew Hoffman

    Just keep it all in goats, you're trying to manipulate the market with your hen trade inclusion.

    15 goats for an oz. of Gold.

    2 for an oz. of Silver.

    then I will give you 1 goat for 5 hens.

  7. #17
    Unobtanium Dogman's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by Horn View Post
    Just keep it all in goats, you're trying to manipulate the market with your hen trade inclusion.

    15 goats for an oz. of Gold.

    2 for an oz. of Silver.

    then I will give you 1 goat for 5 hens.
    One would have to watch out, with the hens all it would take would be access to a rooster and then you would have a case of inflation of your assets with their value dropping in proportion to the rising population of cluckers.
    "My reading no matter how transient is a dagger in the heart of ignorance."

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    Iridium mamboni's Avatar
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    Re: Cassandra! Andrew Hoffman

    Only on GSUS could a thread about a Hoffman article on gold and silver turn into a trading house for goats and chickens. Someone please pass me the Haldol.
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

  9. #19
    .999 Unobtanium Horn's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by mamboni View Post
    Only on GSUS could a thread about a Hoffman article on gold and silver turn into a trading house for goats and chickens. Someone please pass me the Haldol.
    That'll be 25mg for 2-3 eggs.

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    Dogman (20th November 2013)

  11. #20
    Iridium mamboni's Avatar
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    Re: Cassandra! Andrew Hoffman

    Quote Originally Posted by Horn View Post
    That'll be 25mg for 2-3 eggs.
    Deal. My chickens produce 1 dozen big fat jumbo brown eggs every day - delicious!
    Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
    Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon

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