I dont think buying would make sense now, since difficulty would already been increased and profit would be less

The 220 thing is simple ohms law.  Power = Volts * Current.  Therefore, Current = Power Volts.

The thing that melts wires is too much current.  1200 watts 220 volts = 5.45 amps of current.  Obviously, with 110 volts you get 2x the current.  Of course you can still over do a 220v line with too many devices, however it does take 2x the devices to do so.

M

Never got either.

Draw parrelel between the 2 threads https://bt.irlbtc.com/view/1734098.0
We see the same things being said (death of scrypt, Armageddon, end of days) in the L3 thread. Many of the same people too. I just found this ironic and wondered why after living through so many generations of rigs people can't help themselves but to cry Ragnarok.

Hmm anyone else getting a security warning when logging into their bitmain account?

rumor has the koreans are buying the shit out of bitcoin cash and now dash, reason for the current surge.

Just waiting for the new S9+ for mining BCC

One word: TRUMP

Would you not do the same, if a foreign leader could launch an attack, that might cause North Korea to fire their
30,000 or so conventional artillery pieces into Seoul? (30 miles away) and kill an estimated 3-4 million folk...

and you have no frigging idea if that is possible or now w/o consulting your own gov't?

There are worse things to buy and hedge with then BTC and crypto's under such circumstances, imho.







Wait till segwit2 +2mb hits and bitcoin core has said it will not go along with it....that will be all that Jihan Wu head of bitmain to go thru with his fork threat...ie move his hash
either to segwi2 +2mb or to bitcoin cash...anyway, my view

now then, we'd be living an interesting life......what a cluster...

I wish he would have said 'which fork' that would have put everyone into a tizzy fit

At the rate Wu is going, BTC could be worth $6 per in 5 years.  World finance will not participate in some half-baked scheme centralized around one guy with a hot lead on ASIC chips.  

Wu: Haha, I will run the largest pool, but make daily payments of incredibly small amounts, so anyone that tries to use that money will have higher transaction fees!

Wu: Haha, I will keep those transaction fees for myself, even though they are by design intended for the miners.

Wu: Haha, I will make my own copy and paste crypto, scalp value from BTC and use BTC to pump up my own coin!

(financial institutions slowly back away from the lunatic)

(financial institutions call up chip manufacturer -> 'How many truck loads of money will it take to get this idiot out of the equation?')

Wu: Aww... now I'm kinda sad.  Well at least I have my own crypto!

(financial institutions call up a half dozen programmers -> 'How much to write a new coin, Wu coin has screwed the pooch' -> Coders: 'We'll do it for free!')

Five minutes later, BTC tanks, new coin skyrockets.  Without constant influx of Wu-cash to pump up BCC, it craters.

Wu: Awww, now I'm very sad!