Seeing not everyone seems to get the emails from BAN here it the one I got last night with some interesting information:Miners,
Greetings! I wanted to take a few minutes to introduce myself and talk to you guys about a few cool things going on here at the Bitcoin Affiliate Network. My name is Paul. Those of you in the community may know me as 9600. I've been a network securities and private cloud engineer for the better portion of my life and was recently hired by Gil to help ensure security in light of BAN's recent breaches. My background lies in the advertising, financial and medical industries and I have overseen the design and deployment of many HIPPA and PCI compliant data spaces and transport networks. I've also been an avid mining addict since the fall of 2013. My experience has given me a unique perspective on the many challenges our industry faces to traditional network security.
Security:
As some of you know, in the past few months we have entered a multi-year lease to take over what used to be a Tier II datacenter for a Fortune 500 company. The facility has 5MW (not to mention 29 fully renovated offices and 3 data-centers!) and I will be responsible for making sure our data and hash stay safe and secure.
In light of the recent Bitcoin price movements and high profile breaches (BAN & Bitstamp to name a few) I thought it would be prudent to give you a high level overview of what we're doing to not only ensure our own data integrity and security, but help the network and community as a whole.
With our own Tier II facility and no other clients to satisfy, we will be utilizing our ability to take control of our transport securities starting at the network edge. While cloud providers can provide a certain level of high availability for some less sensitive nodes, BAN will reign in all core assets while deploying enterprise grade packet analysis and intrusion-detection hardware. The core network at BAN is being designed with the most stringent of compliance spaces in mind.
We want to make sure we're employing the same security topology used by the most secure network environments in the world.
Technology:
With that said, now may be a good time to let you know that BAN is also in talks with the world's largest security firm to provide you with a hardware and application solution that will simplify the process of creating and managing multi-signature wallets. BAN will NEVER be a Bitcoin bank, rather we are taking the time to develop technologies in partnership with industry leaders to help bolster existing network technologies and put more control back in the hands of the users.
Cloud Mining:
With the recent announcement of CEX's choice to halt all cloud hashing operations and Cointerra's default on their datacenter colocation, the state of the cloud mining industry seems to be in turmoil. Many "reliable" services have recently come offline due to security breaches or an inability to operate at a loss during changing market conditions.
Many of you have heard that we have a cloud-mining operation in the works. The hardware for that service is in-place, mining, and growing every day. The service will be linked directly to the BAN pool and you will have the option of paying yourself out in regular BAN payment intervals or the choice to instantly reinvest a set percentage of your earnings back into your cloud hashing operation. You can watch your miner grow as the hours pass by.
It's some pretty ground-breaking stuff and I'm proud of our developers for working to bring the service to light as quickly as they have.
To help quell any questions about our ability to remain viable in this space, let's get a few things out of the way. The Bitcoin Affiliate Network is a privately funded venture with no debts or loans. This allows us to fulfill our commitment to provide not only great service, but supply you with a trove of your user data to audit yourself. We want you to be able to empirically analyze your earnings to keep us in check. We believe transparency and data are the keys to success in this space.
The best part about all of this? Soon we'll be opening the doors to our datacenter to the public so that you can come and see for yourself. We're not going to work out of a space as excellent as this and not share it with the community, so stay tuned for some open-house announcements so that you can come down and see what we've got in store for the future, in person.
One last note to all of my fellow Bitmain S4 miners out there. Please update your firmware to new Jan 16th firmware image. They fixed a share committing bug and it will even out your hashrate.
No more wild swings! Just make sure you're connected to your BAN stratum server on port 3335 for a fixed difficulty at 2048 to ensure best performance!
Stay tuned for updates, open-house dates and some mining tips.
Looking forward,
Paul - 9600
Bitcoin Affiliate Network's Mining Pool -
https://mining.bitcoinaffiliatenetwork.com
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Congrates to the winner!
It did happen
