Yup I know. We keep talking about that with matt4054 who is a real miner (unlike me).

What about bitmine? Seems interesting?

  I like Bitfury - they do a lot for the Bitcoin community in terms of hardware and software development and Bitcoin promotion but holy smokes,  there is no case nor any semblance of stabilization for those top-heavy cards on that somewhat flimsy-looking, uninsulated backplane.  Sure it shipped as a kit but for the cost of the machine it looks rather like Mickey Mouse^TM hashing.  For $10k more, one could have purchased a used DeLorean^TM, traveled to the future and brought back a Gen5 miner.  Oh well, hopefully those that purchased the first shipment will at least break even but I wont hold my breath.  You know, one could probably break even selling the DeLorean^TM in a year or two if they weren't able to find a Gen5 miner in the future. I move that we buy a DeLorean^TM with our Bitcoin stash for Creativex to go to the future
 
Take care

https://bt.irlbtc.com/view/262052.msg3206863#msg3206863
https://bt.irlbtc.com/view/299193.0

Looks like $5/Gh for sierra and allegedly for November delivery, though delivery isn't guaranteed until 1/31/2014.

That was a bit of a shock. Surely Burnside could sell the site so it can be operated from somewhere more virtual currency friendly.

It's a shame, btc-tc is a great website. Much easier to use than Bitfunder or Havelock (Havelock being my second pref).

Oops, somebody gave a few shares away:
2013-09-23 09:24:32 Market Sell 9 @฿0.02651 (฿0.23859)
2013-09-23 08:52:41 Market Sell 10 @฿0.011 (฿0.11)

Too bad this isnt trading security buying as much AM shares as possible on BTCT would be soo good with the amount of BTCs we have in savings.

Why are your passwords not in your head?

Please don't panic sell.

I'll begin looking into options to re-list ASAP.

So, I heard the news bout BTC-TC and panicked. I had just depo'd .4 btc earlier and figured buy up as much DMS.mining as I could. It was a lil less than $50 usd for 1 gh of of mining IMO.

And then BOOM!!! BTC-TC is closing. OMG OMG. I sold everything(at a loss), cancelled a loan in progress on btcjams to get back .1 in btc assets on hold(this was not bright as the loan look like it was gonna fund for 5 btc).

I had always meant to buy some basic mining but, was just priced out when I originally found btc-tc. After cooling my head I saw the price for basic and after reading thru a great many post here bit the bullet and bought my first 4 shares of Basic. After seeing the price drop futher, I move anohter .4 btc and bought another 4 more, w/ 2 more on order.

I know 10 shares is nothing to most of yall, but, for me, it's just a start. And I just wanted to share my story with yall. If, I'm reading this rite, basic has 1.4 TH online now, w/ 800 GH on order and 800 btc in reserve?

By rough calculations, if you were to bring all those reserves to bear on hardware. I'd say basic is about a 10th mining potential atm?

Forgive me if my numbers and ideas are wrong, I'm relatively new to this whole btc and mining. I understand all the reasoning why basic has decided to wait and I think it's the right move.

OK Please help me out if any or all my assumptions are way off the mark. TY and hope to invest more and learn from what looks like a good group.

TY all.

Well thats a great way to start today. I wasn't really worried about bASIC, but thanks for the reassurance creativex.

Now I wish my low bids werent cleared on the news! And by all means, panic sell if you want, I'd love some more shares