Will that be incorporated into Bitcoin Core? I thought the purpose of Bitcoin Core was to allow users to download the full blockchain for what ever purpose. Isn't this why there are light wallets?

Such huge numbers. Such wow. Imagine a global botnet running scripts on millions of computers world wide to try generate random addresses and priv keys to get lucky. It would probably take half the age of the universe!

Downloading now. Some nice improvements there.

Lol, offering a bounty. Yeah if this was an inside job you'll never get to the bottom of it. Don't know why people trust the Chinese with anything high value. They had to recall BERRIES in Australia because they came from China and were contaminated with Hepatitis A. Great country exporting shit to the world only interested in taking money.

Uhh it seems like an absolute mission to get solo mining working with independent miners.

Hey all,

Does anybody have any useful resources which show how to setup a private mining pool? I don't want/need a web interface. I want to mine an alt which uses SHA256 and give it a try using my own miners at home. I've got a Linux system with Ubuntu. I was thinking of running one of those web setups which are most commonly used(MPOS) but there seems to be a large amount of dicking around to get it working, not for mining but accounts, verifications etc.

What is the simplest way I can setup a private pool?

Yeah and petrol is going back up which is just great.

Yeah you're right but on average the pool does sit on 9thash. I'm simply applying the formula based on the figure in the title of the thread which is what most new member to the pool will initially see.

Still haven't seen one of these suckers in Australia. I'm really wishing I could get one but the current exchange rate is brutal.

Looks like I've become a Member now! Time to upgrade my sig

Until the internet is gone. There is no reason why bitcoin won't last or be around. Its value is unpredictable  but it will continue to be widely used. There was a document someone had posted on here where a gentleman suggested that bitcoin could potentially see 50 million users on the network by the end of 2015.

Although I have never done any of this before and have no idea what prerequisites are needed, I will attempt to give this a try on my linux system. I'm trying to setup a private pool for my machines to run off.

You need to be aware, Slush pool does NOT pay for shares. You are payed for efforts if you are mining WHEN a block is found. You can assist the pool with 10thash for 10hrs and no block is found but you contributed xxxxxxx shares to the pool. If you switch your miner off, after 1.5hrs you will be earning nothing if a block is found. If a block is found within 30 mins of you turning your miner off you get a small reward but not the full reward.

It is a harsh payment method to maybe try stop pool hopping and keep miners on the pool, but it is effective. I know the rules there, I stick to my 10hrs a day as that is all I can afford to run. If I'm mining when a block is found, sweet, if its cracked when I am off, so be it.

Slush pays well per block but as things average out, as we have seen in the last month or two, it can slow down to a halt. Those big gains you think you made in one day level out for those big 24hr blocks. If you spend enough time on Bitcoin Affiliate vs Slush pool on an normal average run, the rewards will be approx the same. 5thash on BFA will yield .06btc per day. 5thash on Slush will yield approx 0.012btc. You will need to find 5+ blocks per day to be consistently higher for the week on average.

Provide links on how to vote up, I see potential for this coin. Bitcoin is great but there is nothing being done to or with bitcoin. Its been the same since its came out...

Such a horrible block Another pool has been absolutely smashing blocks as of late.

How do we stand getting on to Cryptsy and cex.io

Who would believe the Nigerian man? A doge is worth more than his biggest bill.

This is looking good mate. We need to develop some physical items. I'm was thinking of having scratch cards designed for bitcoin but I think this could be something to really boost this currency. Scratch cards, collectable scratch cards, essentially cold storage components which operate the same was as your prepaid phone credit. Scratch the panel to reveal the codes. The ideas PayCoin came up with(but could not execute) would bring amazing life into ANY cryptocurrency.

A ponzi system is a scam system. The only solution is NOT to become a member of any ponzi/pyramid scheme. People don't learn. It is not legal to do this with cash in many places. I don't know why people are dropping money and bitcoin into this and wondering why they got scammed...