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1001  Alternate cryptocurrencies / Mining (Altcoins) / Re: The official MacMiner thread [BTC/LTC-CPU/GPU/FPGA/ASIC] on: January 14, 2014, 03:39:54 AM
Besides a SMC error I need to fix this is all I see in Console.

1/13/14 9:37:44.562 PM MacMiner[22680]: I'm sploding!


Thats after quitting the application. Starting the app, and doing anything during shows nothing in the console.
1002  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 14, 2014, 03:21:44 AM
whats up with 919.11 on gox? Huh

Bots.
1003  Other / Beginners & Help / Re: Just some questions.... on: January 14, 2014, 03:18:17 AM
BTC prices do swing a lot. Is the 2.234 BTC an exact dollar amount he wants (2 grand), or does he want 2.234 BTC no matter what the price of BTC is?

Not sure what a PSC is, but if it is legal for you to own it, then it should be legal for you to trade it.
1004  Other / Beginners & Help / Re: btc 1TH/s (1000GH/s) on: January 14, 2014, 03:13:59 AM
It will take you 45 days to pay off the machine.

You will mine .28btc a day at current difficulty

Check out this thread about the miner
https://bitcointalk.org/index.php?topic=405899.20
1005  Other / Beginners & Help / Re: Selling coins - Go and tell me everything on: January 14, 2014, 03:06:45 AM
Im sure you could sell them on this forum, and use an escrow service or a reputable member that does escrow. Thats if you want to go straight to cash.

You would publicly make the post in the correct sub forum
Send the 5K LTC to the escrow service or member
Buyer sends cash or a bank wire to you
Buyer shows you and escrow the money was sent
You confirm
Escrow releases LTC to buyer

Escrow fees are extremely small compared to the fees incurred by going through exchanges, and the time this takes is equally as small.
1006  Other / Beginners & Help / Re: Hello! on: January 14, 2014, 02:41:18 AM
Hello!

I'm in the world of BTC since December and am really enjoying it!
I hope to learn much more here in the forum!

Thank you!

Welcome!

Trust me, every bit of information you need (and don't need) about BTC will be on this forum.
1007  Other / Beginners & Help / Re: Bitcoin hitting $2,000? or $10,000? on: January 14, 2014, 02:40:07 AM
If you follow the exponential trend line over the last 2 years, $2000 should be in Feb. But there is no telling, we could stagnate at this level for 6 months, then some great news hits, and we catch up to the trend line by the end of the year at 15K.
1008  Other / Beginners & Help / Re: Absolutely new to bitcoins on: January 14, 2014, 02:33:46 AM
So what are the 80 shares i got? Do i need to mine for a full cycle for this to be registered? When do i know when that cycles done so i can stop mining? Or does pool remember everything and pays you once you get to 0.01?

Also i got a gaming computer, Nvidia 770 with 4 gigs, 8 gigs ram, 3.4 ghz quad, is that considered a normal computer?

Thx for info

You do not have to mine for any set period of time. Most pools payout threshold is .01btc, so after you accumulate .01btc it will pay out to your wallet, whichever one you told slush to pay out to.

How shifts work (cycles)

I'm not sure about slush, but the pools I use average out your shares for the last 10 shifts. Shifts are a set amount of time by your pool (7 minutes on gnash.io, and over 1 hour on bitminter presently). Lets say you have 1% of the shares in each of the last 10 shifts, you will get 1% of the coins mined by your pool during that time. Once you stop you will have 9 shifts at 1% and 1 shift with 0%, so your average will be 0.9%.  If you continue to not mine, the next shift will come and go and you will have 8 shifts at 1% and 2 with 0%, now your new average will be 0.8%, so the coins mined during the shift you will get .8% of them.

Thing is, you might mine for 10 straight shifts at 1% of the pool, and your pool not find a single block so nobody receives anything, you may then not mine for 10 straight shifts and they still not find a block, and now your shares are 0% over those 10 shifts, so you would have mined for nothing. They may even solve a block (get bitcoins) the minute after you reach 0%!


All pools average out over time how many coins they mine by their size, just the bigger pools are more consistent in solving blocks during the time you mine, although your payout will be more smaller ones. The smaller pools you would of course get a bigger % of the coins mined, but you may go a while before they solve a block.

Hope that helped some!
1009  Other / Beginners & Help / Re: Is it too late to mine BTC? (even with free electric) on: January 14, 2014, 02:22:26 AM
You have zero to lose if electricity is free. If you are buying the equipment either way then you are even luckier. That is the definition of free money lol.
1010  Economy / Speculation / Re: Warning: Huobi has closed their personal bank accounts system on: January 14, 2014, 02:15:26 AM
I just successfully transfered money in using the remaining China Construction Bank account.

Are you waiting until closer to the end of the month to buy? Should be a good buying opportunity right before D-day.
1011  Alternate cryptocurrencies / Mining (Altcoins) / Re: The official MacMiner thread [BTC/LTC-CPU/GPU/FPGA/ASIC] on: January 14, 2014, 01:50:56 AM
MobileMiner buttons Start and Restart are working for me. The Stop button stops MacMiner, but the button on MacMiner stays the same, so then it automatically thinks it is suppose to be mining and starts up again. Not that I would ever use the Stop button, but just letting you know.

I was wondering if it was possible to have MacMiner automatically start with the FPGA/ASIC window and auto start mining? As in, if I was away from my computer and it restarts, it would automatically start mining. I already have MacMiner to open when OSX starts, I just need it start mining automatically in the ASIC window. I tried restarting my computer as if I was not there, and MacMiner starts as normal, when I press start on MobileMiner nothing happens, I guess because the ASIC window is not open. Even if I open the ASIC window, MobileMiner does not work. I guess MobileMiner only works after a signal is received from MacMiner, stating that MobileMiner can now control it?

If there is already a feature to auto start, then that would clear up everything, because MobileMiner would be active, and if anything happens when away from the computer it will auto mine.

Thanks.... tips coming soon once I get some payouts.
1012  Bitcoin / Mining / Re: Ghash.io and he existential threat to bitcoin on: January 14, 2014, 01:11:39 AM

........ but that we should instead move onto a different sha coin altogether IF AND ONLY IF we see that this coin is becoming exploited.   

1. different altchain - like chain of another currency?

2. And if you do so, what does prevent the bad guys from doing the same?

No kidding... If they move onto an alt chain before everyone else does, they will have even more than 51% of that network.

Litecoin would go to the moon. Maybe I should go buy some LTC now
1013  Bitcoin / Mining / Re: What's after 3TH machines. What's the timeframe? on: January 14, 2014, 01:08:05 AM
2500W!!! 3 Phase electricity right there
1014  Bitcoin / Mining / Re: What happens to a solo miner... on: January 14, 2014, 12:55:43 AM
Here is a similar question. Bitminter pool the other day had a block that lasted a day and half. This block was not orphaned. Since it had the same transaction of all blocks during that time, do all the other block that were solved up until then get orphaned? Or do all those transactions in the other blocks get another confirmation, and the bitminter lengthy block just go through as the next block?
1015  Bitcoin / Mining speculation / Re: 27% difficulty jump - Manufacturers "testing"? on: January 14, 2014, 12:51:09 AM
If you see one pool jump in hashing power over a short period of time, then that might be manufacturers testing equipment.  Not an easy task though.

1016  Other / Off-topic / Re: The community is fucked up on: January 13, 2014, 12:49:30 PM
google
1017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2014, 12:01:46 PM
Get ready for choo choo...  Wink


man, i wish i had some fiat ready to buy coins. 800 prices are soon over for good.

Source?
1018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 13, 2014, 08:05:25 AM
Choo-choos can go downhill too right?
1019  Bitcoin / Mining / Re: It appears that our bitcoin bretheren have been creating FUD amongst Miners on: January 13, 2014, 06:28:19 AM
If YOU can afford to mine now, do it. If YOU can't afford to mine, don't.

Nobody knows if it will be profitable or not, until YOU sell the coins YOU mine.

Pretty simple.
1020  Economy / Speculation / Re: No coins and needing to buy back in on: January 13, 2014, 06:21:02 AM
You should be able to get cheap coins this week. Buying power is out of fuel and the whole China situation will bring the price down.
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